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Home My WebLink About2948 voncr w poiicies said MORTC/IGEE shalt haw the option ro roceiw arb app~y tne same un accow~t ot the Indebred~ess secured nerebv or perm~t said MORTCAGORS to reteiw ~nd use if o? any pstt th~raof fw othe~ pu~poses vu{thout thereby waivine o~ imWirinQ any epuity. lien a rigl,t und~r w by vlnus of this Mort~s~e; snd in tM w~nf said MORTG/~GpRS sMll fo. any reason fsil to keep the said premises so insured. o. fail ro de~iye. p~anpNy a„y oi s~td polk~es of inwranu to said MORTGAGEE, or fai) promptly to pay fully any premium theretor, w in any respect fsil to perforon, dischar~s. execute, effect, car~pltt~. comply with snd abide by this cove~?snt. w snv psrt heroof, said MORT G/IGEE may pisce a~d pay for wch i~wrant~ or any p~rt thtreof without waivln~ o? affetttn~ u~y opflon, lien. equity, w right under or by vi.tue of this Mort~ags, and the full smamt of esch snd w~ry wch paym~nt sh~ll b~ immadiately due and psyable snd shall bear inte~est from the date thereof until pald at tF~ raM of 9 per cent pK ~nxnn s~+d to~ethe~ with wth interest shall be setu.ed by the lien of this mo.tgage. . 4. To peRnit, tanmlf w sufter no rvssts. Impaim~e~t or dete?ioatio~ of s~W property or sny pa?t thenof. 5. It is hereby spetifica!!y ag?eed that any wm or sums which n~y bs (oaned or advanced by the Mwtgagee,to the Mortgagor at any time aher the ?etording of this indenture, together with interest thereon at the rate agreed upon st the time of wth loan or advante, shall be equatly secured with a~d have the same priority ss the originsl lr~debledness, a?d be wbjett ro all the terrru and pro~risions of this mortgage: Provided, that the sggregate amount of p~incipal outstandins at sMr time shall not extsed sn ama~nt eqwl to one hundred and fiity per cent (15096) cf the principal smount oriQinally seturod hereby. 6. To pay alt snd singutar the costs, charges and expenses. includin~ s reasonabk at~~y 's fee and costs of abstract of titla !rr turred w paid at ~ny time by said MORTGAGEE bepuse or in the evcnt of the failuro on the psrt of the said MORTGAGOR to duly, promptly and fully perform, dixharge, execute. efiect, complete, comply with and sbids by eath and every the stipulations, agreements, conditions and cwenants of said p?anissory note and this mortgage anyr or either~ and said costs, cha?ges snd expenses, each and every. shall be immediately due a~d payable; whether or not there be notice, dert+and. attempt to oollect ors~ it pending; and ths iull amount of each and every wth payment sha11 bear interest from the date thtreof u~til ps(d at ths wte of y pe~ ca~tum per sn~um; and a!1 said cusfs. tl+arges and expenses w incurred or paid, together with such ~nterost. shall be secured by the lien of this mortgage. 7. That ls) in the eve~t of any b.each of this Mortgage or default on the psR of the MORTG/1GOR, or (b) in the eve~t any of said wms of money herein referred to be not promptly and fully paid within thirty (30) days next after the same severally become due and payable. without demard or notice, w(c1 in the eve~t each and everv the stioulaHons. argeements, conditions a?~d covenants of said promissory note and this mortgage any o~ either are not duly, prcxnptly arx! tully performed, distharged, exetuted, effetted. tompleted complied with and sbided by, then in either or any wch event, the said aggregate sunn mentioned in said promissory note then ~emaini~g ur+paid. with interes! accrued. a+~d all moneys secured hereby, shall become due snd payable forthwith. or thercaRer, at tha option of said MORTGhGEE. as fully and completely as if afl of the said sums of money ~were wiginally stipulated M be paid on such d~y. aMrthing in sald p?omissory note or in this Mortgsge to tha contrary not withstanding; and thereupon or thereafter at the option of said MORTGAGEE, without notiu or derrwnd. wit st bw or i~ equity. may be prosecuted as if all mor~ies secured F~ereby had matured priw to its insHtution. 8. That in the evenf thst at the beginning of or at any Nme ps~d'ing any wit upon this Mortgage, or to foreclose it, or to reform tt, or to enforce payment of any claims hercvnder, said MORTGAGEE shall spply w the Court tnvieg jurtsdiction thereof for tF+e appoi~tment of s Receiver~ wch Cou?t shall forthwith appoint a Reteiver~ of said mortp~ed property ~I! snd singular, including sll and singular the incwne, proHts, iswes and rever?ues frwn whatever source derived, each ~nd every of which, it being expressly understood~ is he~eby rriort- gaged ~s if speci~catly set forth and desc~ibed in the granting and habendum cbuses hereoi, and such Receiver shall have s0 tF+e brwd and effective functians and powers in anywise entnnted by a Court to a Receiv~er, and such sppoietment shall be made by such Court as an admitted equity and a matter of absolute right w ssid MORTCJIGEE, and without rehrence to the adequacy or i~adequscy of the value of the P~ope?tY ~rq?tBaBed o? to !he solvency or insolvency of said MORTG/1GOR or the defendants~ snd that such rents~ profits, incomes, issusa and reve~ues shsll be spplied by such Receive~ atcording to the lien or equiry of sald MORTGAGEE snd the practice of suth Court, 9. To duly promptly and fully perform, distharge, execute. effect. complete tomply with and abide by each a~d every the stipu- lations. sgreert~enfs. Cor~ciitions and covenaots in satd promissory note ~nd in this mort~aQe set forth 10. That in tF+e event the ow~xrship of the mortgsged pren,ises~ or any part thereof. becomes vested in a person other than the MORTG/1GpR. the MORTGAGEE, its wccessors and assig~s. may. without rqtice to the MORTGACOR, deal with wd~ successor or successoa in intercst with referente to this morigage and the debt hereby setured in the ssme manner as with Mortgagor without in any way viNating or dischargFng the AAortgagor's liability here~x~der or upan the debt hereby sewred, No sale of the premises hereby mortgaged and no fore- bearance a~ the part of the MORTGAGEE c+. ifs s~ucesso~s or auigns and no extensio~ of the time for the payment of the debt hereby secured given by the MORTG/1GEE or its successors or assig~s, shall opente ta relesse, discharge, modify, chsnge or effect the wiginal liabllity of the MORTGAGOR herein. eithe~ in whole or in part. 11. It is specifiplly agreed thst time is of the es.senoe of this oontnct snd that no waiver o? any obligstion he~eunder or of the obligation secured hercby shall at any Nrne thereaher be held to be, • waiver of the temns he~eof or of the instrument secured hereby. SiQned. Seakd s~d delivered in presenoe of: - - - - - - tSEAU - - (SEAU - - - - . . . _ ST/?TE OF FLORI~/1 : COt1PlTY OF._- - ~ Be(ore me personaNy appeared - - and . his wtfe. to me well krwwn, an w me !o be the ind'ividuals described in I and who excouted the frnegoing ins , snd xknowledged bsfore me that they executed t for the pu?poses therein expressed. : WITNESS snd official seal this - ---dsy of--------------------------- . A D. 19----- . ~ i : - _ i Notsry Public in and for the State of Florida at Lsrge. My commission expires: i t W ~ ; ~ ~ ~ W ~Z ~ W ° _ z Q z ~ ° ~ A : ~~o z ~ o - ,a o v ~ a~ ' w a > ~ o~ ~~AT o~ F'LO - " ~ a~ ~ r~1 0 _ a Z~ ~ ~ oEPT.` o"~-~ ~uRd-~`~ '`•a STA~A a~ x~ v E"'' w o o v P~ ` JJC31•~, ~ o e ~ Z a =~tio2 ' - al . ~ ~Z D~ x~ ' ~ ~ p v~ ~ co ` ~ ~ < o q i d ~ ~ F ~ ~ ~ ~ a ~ _ ~ ' ' ~et:~. ~J4~ • ~ ' ~ # ~ - ~ N~t . _ . .