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Home My WebLink About1803 poiicy w policies said MORTGACEE slwll have the opho~ to receive snd ~pp~y tne same u~ account ot tF+e indebtedness secured ncrebv w~~ pe~mit sa~d MORTGA~R$ to rcte~ve and use it w a~y part thereol fo~ other purposes without thereby wa~v+nQ o~ impai?ing nny equity. 11en w ri~ht under or by virtue of thls Mortgage; a~+d in the event said MORTGAGpRS shsll fo. any ~eason fsil to keep the said premises so inwred, or fail to detiver p~omptly a~y of said policies of insurancs to said MORTGAGEE, or fail p~on+ptly to pay fuUy any premium theretor, o. in s~y respctt fail to perform, diuharge, exetute, effett, complete. comply with snd ~bide by this covensnt. or sov part hereof, said MORT- GAGEE may plxe ar+d pay fw such insuran~:e or sny part thereof without waivin~ w affetting any option, lien, equity. or right u~der o? by virtue of this Matgage, and the futt amount ot each and ewry wth payrt~ant sh~N bs immediately due and payable and shalf bear inicrest from the date thereof until paid at the rste of 9 per tent p~r amum and together with wch interest shall be secured by the lien of this mortgage. t. To permit~ commit o. wffer ~+o waste, impsirment o? dete?ioration of ssid property or any pirt thereof. 5. It is hereby specitically agreed thst any wm or wms whith may be Ioaned or ad„anted by the Mortgagee to the Mo~tgagor at any time after the recording of this indentu~e, togelher with interest thereon at tF+e rate sareed upon at tF+e time of such loan or advance, shall be equa~ly secured wifh and have the same priwity as the origins) indebledness, and be wbjetf to al) fhe terms and provisions of this mortgage: Provided, that the aggregate amount of principal outstanding at sMr time shsU not exceed an arrwunt eqwl to one hu~dred and fifty per cent (150~i) of the prirttipal amount originally setured hereby. 6. To pay all and singular the costs, charges ar+d expenses~ ircluding a reasonable atto?ney's fee ar?d costs of abstract of title in- curred or psid at any time by sa~d MORTGAGEE bewusc or in the evcnt of the failure on the part of the said MORTGAGOR to duly, promptly arxf fully perform, discharge, execute, effect, complete, comply wlth and sbids by each snd every the stipulations, agreements, ca?ditia+s and covenants of said promissory note and this mortgage a~y or either~ and said tosts, charges and expenses, each and every, shall bn immediately due ar+d payab(e; whcther or not there be twtice, demand, attampt to tollett or wit pending; and the 1u11 amount of eath and every such payme~t shall bear interest from the date the~eof until pald af ths rate of q per centum per snnum; and all said costs, charges and expe~ses so incurred w paid, together with wth ~nterest. shall be seturedby the lien of this mortgage. 7. That (a) in the event of any breach of this Mortgage or default on the part of d e MORTC/IGOR, or (b) in the event a~y of said sums of money herein ~eferred ta be not promptly and fully paid wlfhin thirty (30) days next after the same severally become due and payable. without demand o~ notice, o~ (c) in the event eath and every the stioulatiOns, argcements, 'o~ditions and covena~ts of said promissory note and this mortgage any or either are not duty, promptty and fufly performed~ discharged, exetu~ed, effected, completed complied with and aE?i~ed by, then in either or any sucti event, the said aggregate wm me~tioned In said promiuory note then remaining unpaid. with interest accnxd, and all moneys secured hereby, shall becane due and payable forthwith. or thereafter. at the option of said MORTG/IGEE, as fully and completely as if a!I of the said wms of money were originally stipubted to be paid on such day. anything in said promiuory note or in this Matgsge to the contrary not withstanding; and thereupon or thereafter st the option of said MORTGAGEE, without notice or demand, suit at law or in equity. maY be prosecuted as ~f all monies secured heraby hsd matured prior to ifs institution. 8. That in the event that at the beginning of or at any time pending a~y wit upan this Mortgage, or to ~eclose it. or to refw?n ~t. o? M enforte payment of any claims hereunder, said MORTGAGEE shall spply to the Court having jurisdictio~ thereof fo? the appointment ` of a Reteiver, such Court shaU forthwith appoint a Receiver~ of said mortgaged propeny all and singu(ar, incl~~g ati and singular the ' income, profits, issues and revenues from whatever source derived, eath and every of which, it being expressly undeatood, is hereby mwt- i gaged as if spec;fically set fo?th and desc~ibed in the gronting and habendwn cla~ues hereof, and such Receiver shall have atl the broad and ~u effective functions and powea in anywise entrusted by a Court M a Receiver. and suth sppointment shaR be made by such Cou?t as an admitted equity and a matter of absotute right to said MORTGAGEE, and without refere~nte to the adec~uacy or i~adequacy of the value of the P~~rtY ~~6aged or to the solvency or insolvency of said MORTG/1GOR o? the defendants, a~d tf?at wch rents, profits, incornes. iswes and .ev~er+ues sha11 be applied by wch Receiver according to the IFen or equiy of said MORTGAGEE and the practice of such Court. 9. To duly. promptly and fully perform, diuF+arge, execute, effect, camplete comply with and abide by each and every the stipu- latioru, agreements. conditions and tovenants in said promissory note and in this mortQaQe set forih 10. TFwt in the event the owncrship of the mortgaged premises. or smr pa~rt thereof, betomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its waessors and auigns, may. w;thout notice ro the MORTGAGOR, deal with such wccessor or wccessors in interest with referente .to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating or discharging the Mortgagor's liabiliy hereunder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no fore- bearance on the part of tF+e MORTGAGEE c~ its wtceszors or auigns and no ~xtenslon of the time for the payment of the debt hereby secured Biven by the MORTGAGEE or its successors or assigr~ shall ope~ate to release. discharge. modify. change or effect the original tiability of the MORTGAGOR herein, either in whole or in part. 11, It is specifically agreed that time is of the euenpe of fhis oontact snd that no waiver or any obligation hereunder w of the ~l;gation secured hereby sha11 at any time thereaher be held to bs s waiver of the temns he~eof o? of the instrument secured hereby, ~ , Signed. Sealed and delivercd in prescnce of: - - - - - _ (SEAU ~ - - - - - _ (SEAU - - - STATE OF FLORIDA l ~ ~ . ' } SS. ~ ; COUNTY OF - -----------1 Before me pe~sonally appearcd - - - a - - ' -------r--'~ his wife. to me well known. to me to be the individuals described in i and who executed the foregoing instruSaertF and ackrwwledged beforc me that tF?ey executed t for the purposes there+n expressed ` , ~ WITNESS my hand and official sesl this - ----day of-------------------------------- . It D. 19_-- • ~ - ~ - ~ " Notsry Pubtic in and for the State of Florida at Large. ~ ~ ~ My tommission expires: ; ' _____------__._~._..r.~~---~------~--_.__~.~~.~~_._ ` ' a r A j w j ~o m W i Q Z~~ ° A a ° ~ o x o W ~ ~ ~ ~ : ~ ~ ~ a ` ~ H ~a~ x ~z~ 0 ~c a~+ . e _ ~ _ z A Q~ W f: G!( ~iU FA~? p~q H ~ ~ A d ~ _ ~r ~ ~ ~ r~~j ~ 0 . ~ ` 1r + - IQ . - ' _ o'- ~ ~ _r F. . .s%~~-~" ~