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Home My WebLink About2393 poucy a policies said MORTGAGEE shall have the option to ~eceiw •nd spply tne sams un account ot the indebtedness secu.ea ncrebv w~" qtrmit said MORTGAGORS to reteive and use it o? any part thettof fot other purposes without thereby waivinQ or impai.i~g any equity. tien w riRht under or by vinue of this Mortgs~e; snd in tM tvenf said MORTG/1GOR5 shall for any reason tail to keep the said premises so insured, or fail to deliver promptty any of said polities of inwrante to said MORTGAGEE, o~ fail promptly to pay fully any premium therefor, or in any respett fail to perform, dixF+uQe, execute, effett. tort~plete. comply with snd abide by this covenant, or snv p~~1 hereof, said MORT• GAGEE may plxe and pay fw wch insunnce w any put tMroof without waivin` or affecting s~y option, lie~, equity, o~ right under or by vittus of this MortQage, and tF+e full amount of each and w~ry wd+ psymar?f shill be immediately dus snd payable and shall bea~ interest from the dste thereof until paid at the rate of $.25 Pe? ~ent pe? amum and to~ether with wch interest shall be secured by the lien of this mortgage. To permit, commit or wffer ~o wute. impsirment or dste~iwation of ssid property or sny part the~eof, S. It Is hereby speci(ically agreed thsf any wm or wms whith may be loaned or advanced by the Mortgagee to the Mo.tgagor at any time aher tF+e retordinQ of thls indenture, together with inte~est thereon at tF+e rate sgreed upon at the time of such loan o~ advance, shall be equaqy secured with snd F+ave the same p?iority ss fhe ori~inal indebtedneu. snd be wbject to all the ternu snd provisions of this mo~tgage: Provided, that the aggregate amount of p.incipal outstartdin~ at am? time thall not exceed an art~t epwl to one hund~ed and fifty per cent t15046) of the printipal amou~t originally setured hereby. 6. To pay all and singular the costs, charges and expenses, ir+tludin~ s masonable attorney's fee snd costs of abstract of titte in- cu~red or paid at any time by said MORTGAGEE because or in the event of the failuro on the part of the said MORTGAGOR to duly, promptly ~ and fully perform, discharge, execute, effect, complete, comply with and sbids by each and every the stipulations, agreements, conditions and covenants of said promissory note and this mwtgage any or either~ a~d said costs, tharges and expenses, each and every, sha~l be immediately due and payable; whether w no! there be notice, demand. stfempt to collett w wit pe~ding; and the full amount of each and every wch payment shall bear interest from the date thereof until pald at the nte of 25 Per tentum per annum; and all said costs, charges snd e~cpenses so incurred or paid, together with such interest. shall be secured by the lien of this matgage. 7. That ta) in the ever~t qf any breath of this Mortgage or default on the ps~t of the MORTGAGOR, or (b) in the event any of said sums of money herei~ referred to be not promptly and fully paid within thirty (30) days next after the same severally become due and payable, without desnand o? notite, or (c) in tf+e event each and everv the stinulations, argeements, tonditioos and tovenants of said promiuory note and this mortgage any a either are not duly, prompNy and fully perfo~med. dixha~ged, executed, effected, completed complied with and abided by. then in eitF+er or any suc~+ event, the said aggregate wm mantia~ed in said promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall become due and payable forthwith. or thereafte~. st the option of said MORTGAGEE, as fuly and tompletety as if all of the said sums of money were originally stipulsted b be paid on wch day. anything in said promissory note or in this Mwtgsge to the contnry ~ot withstanding; and thereupon or the~ea(ter at the option of said MORTGAGEE, without notice or demand, wit st law or in equiy, may be prosecuted as if all rtanies secured hertby had matured prior to ifs i~titution. 8. Thst in the event thst at the beginning of or at sm time pending sny wit upo~ this Mortgage. or to forec~ose it, or to reform it, or to enforte payment of any claims hercu~der, said MORTGNGEE sF~sll spply to the Court hsving ju~isdiction thereof for the appointmmt ~ of a Rcceive~, wch Court shall forthwith sppoint a Reteive~. of said mortga~ad properfy all and singular~ including all and singular the income~ profits, iswes and revenues from whatevcr sou~ce de~ived, each and avery of whith. it being expressly understood. is hereby mort- gaged as if specifically set fo?th and destribed in the granting and habendurn cbuses hereof. and such Reteiver shall have all the broad and effective fuextions and powers in anywise er?trusted by a Court M a Reteiver. arxl such sppointrnent sF+all be made by such Court as an ' admitted equiy and a matter of absalute right to said MORTGAGEE, and witFwut reference to the sdequacy or insdequacy of the value of the ` property mo?tgaged or to the solvency or insolvency of said MORTG/~GOR or the defendsnts. snd that wch rents, profits, incanes, iswea ~ and revenues shall be spplied by wch Receiver according to the lien or equiry of said MORTGAGEE snd the practice of such Court. ~ 9. To duly. promptly and iully perform, dscharge. execute. effect. oomplete canply with and abide by each and every the stipu- ~ latians, agreernents. canditions and covenants in said promissory note snd in this mortQaQe set to?th. t 10. That in the event the owne?ship of the mortgsged premises, or sny psrt thenwf. betoma vested in s perso~ other than the ~ MORTGAGOR, the MORTGAGEE, its wccessors and sssigns, may, without natice to the MORTGAGOR, deal with wch successor or wcceuors in interest with referente to this mortgage and the debt hereby setured in the same manner u with Mortgagor without in any way vitiating or ~sd+arging the Mortgsgor s lisbipry ha~r~der ot.upor~ the debt. heraby secured. No ssk of the premises herebY mortBaged and no fore- bearance on the part of the MORTCJIGEE M it~.auoter~ors~ or assigns and no exte~+sio~ of the time for the payment of the debt hereby secured given by the MORTGAGEE or, tss~o?i s~f~is,.;ha(I, ppente ~Q missse. dixharge. modify. change or effcct the original liability of ; the MORTGAGOR F+erein, eit ~~01 0[ i~f pa ~ ~s,'~`.:~~?:.;~:.~ • 11. It is specifically i~tpbd; it?iR t1Me is-of-tF~s ~of fj~is~,~o +tratt snd that ra waiver or any obligation hereunder ot of the 1 obligation secured hereby shall at any time thereaher be-~ield fo bs a waiver of the te?ms hereof or of the instrument secured hereby. Sign~d. $ealed and delivered in preserxe of: . ' " i i f ~ - - (SE/?U ~ - ~ j - - - - - - - - (SEAU STATE OF FLORIDA SS. COUMY OF--- • Before me personally sppearod - - and s ~ - hh wife, to me well known. a to me to be the individuals destribed in and who executed the foregoing ' t, a~d xknowledged before me that they executed e for the purposes therein expressed. . WITNESS nd and ofticisl seal this - dsy °f---------------------- , A D. 19------ • - - Notary Public in a~d for the State of Fbrida at large. My commission expires: ~ a ~ A ~ ~ ~ , d ~ w ~o ~ V . ~ W z~=~ ~ ~ ~ : _QZ Q ~ A ~ z ~ a - a°~ o x~; ~ ~ ~ V ~z~ ~ !~/~Zv ~ H - a~ ~ O ~p~ a'+ e ~ ~ z ~ ~i E~+ ~ ~ Qo~, C ~ ~ ~ ~Z~ A ~ C t W Cq ~ ~ _ s°oox215 ~~sF238? ~ ~ O x ~ ~ ~ ~ . . ~ ~ ~ - _ ~ ~ ~ . = r,~~.~~~~:,