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Home My WebLink About0894 pouty or polities said MORTGAGEE shall have the aption to reteive and spply tne same w? actount ot the indebtedness secu~ed r+erebv or m permit said MORTGACARS to receive and use if o? any pa?t thereof for other purposes without thereby wa~ving a impairing a~y eVuity, lien or right under or by vietue of this Mort~sae; ~nd in the went said MORTG/1GOR$ shall fo• any .eason fail to keep the ssid premises w inwrod, or fail to delive~ promptly any of said poUcies of inwn~ts to said MORTG/1GEE, o~ fail prar~ptly to psy fully any premium therefor, or in sny respect fail to perfam, discharQe, axecute. effect, complete. compFy with and a5ide by thls cwenant, or anv part he~eof, said MORT- GAGEE may place snd pay for suth i~wnnts or sny pa?t thereof without waiving w affetting any optlon, lien, equity, o? right under o~ by virtue of this Mortgage, and the full amount of each snd ewry such payme~t shall be imrnediately due and payable and shall bear interest from the date the~eof until paid at the rate of 9 per tent psr annum snd together with wch interest shall be.secured by ths lie~ of this mortgage. 1. To permit, commit or wffe~ no waste. Impaimxnt o? deteriwation of said property w any pan the~eof. 5. It is hereby specifically agreed that sny wm o? wms whith may be toaned o~ advanced by fhe Mortgagee to the Mwtgagor at any time aher the recording of this indenture, together with interest thereon at the rste agreed upon at the time of such loan or advance, shatt be eQually secured with and have the same p~iorify ss the original indebtednesS, and be subjett to all the terms and provisions of this mortgage: Provided, that tF,e aggregate amount of principal outstanding st sny time shall not exceed an amount equal to one hundred and fifty per cent I 50 of the principal amount originally setured hereby. 6. To pay all and singular the costs, charges and expenses, intludirtg a reasonable attomey's fee and tosts of abstract of title in- curred or paid at any time by sa~d MORTGAGEE because or in the event of t!w failure on the part of the said MORTGAGOR to duly, promptly and fully perform, discharge, execute, effect, complete, tomply with and abide by eath and every the stiputations, agreements, conditions and covenants of said promissory r+ote and this mortgage any or ~either. and said tosts. tharges and expenses, each and every, shall be immediately due and payab~e; whether o~ not there be notice, dertwnd. attempt to collect or wit pending; and the full amount of each and every wth payment shall bear interest from the date thereof until paW at the rate of 9 per centum pe~ annum; and all said costs, tharges and expe~ses so incu~red or paid, together with wch mterest, shsll be secured by the lien of this mortgage. 7. That fa) in the event of a~y breach of this Mortgage or default on the part of the MORTGAGOR, or (b) in the event any of said sums of money herein referred ta be not promptly a~d fully paid within thirty (30) days next after the same severalty become due and payable, without demand or notice, or (c) in the event each and everv the stioulatiau, argeements, co~ditions and coverwnts of said promissory note and this mortgage any or either are not duty, promptly and fully performed, distharged, exetuted, effected, completed complied with and abided by, then in eitF+er or a??y suc~+ event, the said aggregate wm mentia~ed in said promtssory note then remaining unpaid. with inte~est accn,ed, and all moneys secured hereby, shall become due and payable forthwith~ or the~eafter, at the option of said MORTGAGEE, as fuly and tompletely as if all of the said sums of money were originally stipubted to be paid on such day, anything in said promiuory note or in this Matgage w the cont~ary not withstanding; and thereupon or the~eaher at the option of said MORTGAGEE. without notice or demand, wit at law or in equify. rrwy be prosecuted as if all mor~ies seCUred F~reby hsd matured prio? to its institution. 8. That iri the event that at tt+e beginning of or st any time pending any wit upon this Mortgage, or to forettose it. or to reform it, or to enforce payment of any ctaims hereur?der. said MORTGAGEE shall spply to the Court having jurisdittion thereof for the appointmmt of a Receiver, such Court shall forthwith appoint a Receiver~ of said mortgsged property sll and singular, including all and singular the intort~e, profits, iuues and revmues from whatevcr source derived, eath snd evEry of whith. it being e~ressly understood, is hereby mort- gaged as if spetifiwlly set forth and described in the gronting and habendum clauses hereof, a~d wth Reteiver sl~all have all the broad and effective functiau and powers in anywise entrusted by a Court to a Reteiver, and such appointment shall be made by such Caurt as an admitted equiy and a matter of absolute iight to said MORTGAGEE, and witFaut reference to the adequacy or inadequaq of the vatue of the prope?ty mortgaged w to the wlvency or inso~vency of said MORTG/~?GOR or the deferxfants. and that such rents, profits. incomes. issuea and ~evenues shall be applied by wch Receiver according b the fien or equiy of said MORTCJIGEE and tF+e practice of wch Court. 9. To duly, promptly and fully perform, discharge. execute. effect, complete comply with snd abide by each and every the stipu- latipns~ agreements. conditions and covenants i~ said promissory note and in this mortQaQe set forth - 10. That in the event the ownership of the mortgaged premises, or sny part thereof, becomes vested in s person other than the MORTGAGOR, the MORTG/~GEE, its wccessors and auigns, may, without notice to the MORTGACAR, deal with such successor or wccessors in interest with reference to this mortgage and the debt hereby secured in the same manner as with Mo?tgagor without in any way vitiating or distharging the Mortgsgor's lisbiliry he~eunder or upon the debt hereby setured. No sale of the premises hereby mortgaged and no fore- bea?ance on the part of the MORTGAGEE ~ its successors or auigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors or auigru. shall operate to relesse. discharges. rtadity. change or effect the original liabiliy of the MORTGAGOR herein, either in whole or in pa?t. 11. It is spetlfically agreed thst tims is of the essenoe of this oontntt and that no waiver or any obligation hereunder w of the obligation secured hereby shall at any time thereafter bs held to be a waiver of the temns hereof or of the instrument secured hereby. ~ ~ Signed. Sealed and delivered in presente of: j _ ` i I ~ ~ i - ~ ~ ~ - - ~ ~5~~..) . [ . ~ ~ - - ' - _ . . _ (S~?U - - i ST/1TE OF FLORIDA ) ` ~ - ~ } SS' ~ a COUNTY OF_.- - - ~ - - - ~ . r Before me personally sppeared and s - - - ~ his wife. to me well known. a nown to me to be the indviduals described in and who executed the foregang inst t, and acknowledged before me that they executed t me for the purposes therein e~cpressed. . ~ WITNESS mtiFwn~and official seal this _ - - - dsY ef---- . A D. 19.--- - ~ ,.r-•'~~ . ~ / ~ Notary Public in and for the State of Florida at Large. ~ ..-i " - - M commiuion expires• - ~ ~ ~ ~ ~ ~ d ~ w x I ~o V ' W f 'z<i o ~ A A _ Q ~ ~ ~ >°V z x o o ~ v~ ~ r~, N r.~m~w M+¦~ ~ ~ : a=°` ~~m ~ ~ a ~ ° ~ r TM Z ~ x ~ ~ ~ C.~ o,~ W Er e v ~ ' ~ZO 0 R d ~ C'~ < A BOOK ~~9 PAGE 894 W m ~x ~ ~ ~ x ~ ~ O ~L lJJ~ ^ • . ~ C~ + ' I 5<. ~ - ~ 4J ~ - F~-. ~ ' ~r ~ . _ . "',z _ ~ ~3~:# _~;_y~~.~.!' v _ . ~ '3 _