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Home My WebLink About1804 poiicy w policies said MORTG/1GEE shall have ths option w receive and apply tne same u~ actount ot the indebtedneu secured nercbv or m permit said MORTG/1GOR5 to receive and use it or any parf fheroof fw other purposes without thereby waivi~~ or impairing any eQuity, lien or rieht unckr or by virtue ot this Mart~s~e; and in the went s~id MORTC,/1GpR5 sF?~II for any reason fail to keep the said premises so intured, w fail to deliver promptly sny of said polities of insuranC~ to said M(3RTG/~GEE, or fail promptly to pay fully any premium therefor~ or in any ~espett fail ro perform, distF?~rQe. execute. effett, tamplet~, tomply with and abide by thls tovenant, w anv Wrt hereof, said MORT- GIIGEE msy place ~nd pay fw such inwnncs o~ sny put thsrwf without waiving or sffecting any option, lien, equity, or right under or by virtue of this Mwtgage, a~d the full arr+ount of each snd every such payment shiU be immediately due and payable and shall bear interest l.om the date the~eof until paid at the nte of 9 per cent per amum snd together with such interest shall be secured by the lien of this nartgage. 4. To pem,it, commit w wffe~ no waste, impairment or deteriontion of ssid property or ~ny psrt therr.of. 5. It is hereby specifically agreed thst any wm or wms whith may be losned or advanced by the Mortgagee to the Mortgagor at any time after the ~etording of fhis indenture, together with interest thereon at the rate ag~eed upon at the time of such loan or advance, shall be equa4y secwed with and Fuve the same p~iaify ss the aiginal indebledness, and be subject !o all the terms and provisions of this mortgage: Provided, that the aggregafe amount of principal outstanding st sny time shalt not excced an amount equal to o~e iwndred and fifry per cent (15096) of the p.intipa! amount originally setured hereby. To pay all arx! singula? the costs, charges and expe~ses, i~tludina s reasonable atbmey's fee and costs of abstract of title in- curred or paid at any time by sa~d MORTGAGEE because or in the evrnt of the failu~e o~ the part of the said MORTGAGOR to duly, promptty snd fully perform, discha~ge, execute, effect, complete, comply with and sbide by ead~ and avery the stipulations, agreements, conditions and covenants oi said promissary note and this mortgage any or either~ and said tosts, tharges and expenses, each and every, shall be immediately due and payable; whether or not there be notice, demand. sttempt to collect or wit per?ding; and the full amount of each and every such payment shall bear interest f~om tF+e date thereof until paid at the rate of 9 per centum per annum• and all said costs, tharges and expenses so incurred or paid, together with such ~nterest, sh~ll be setured by the lien of this mortgage. ~ 7. That (a) in the event of any breach of this Mortgage or default on the part of the MORTGACAR, or (b) in the event any of said sums of money herein referred ta be not promptly and iutty paid within ihirty (30) days next aher !he same severally become due and payable, without tkmand o~ notice, or (c) in the event each and everv the stiuulatiau, argeemer?ts, conditio~s and tovenants of said p~omissory note and this mortgage any or either are not duly, promptly a~d fully perfo~med, distFwrged, exetuted, effected, tompleted tomplied with and abided by. then in either o~ any svch eveM, the said aggregate wm mer~tia?cd in said promissory note then remaining unpaid, with interest accrued, and all moneys secured he~eby, shall become due and payabte fo?thwith, or thereaher, at the option of said MORTG/1GEE, as fully and completety as if alt of the said sums of nwt?ey were wiginally stiputated M be paid on wth day~ anything in said promissory note or in this Mortgage to the contrary not withstanding; and thereupon or thereaker st the option of said MORTGAGEE, without notice o~ demand, wit at law or in equity, may be proaecuted as if all monies secured hereby had mafured prior to its institution. 8. That in the event that at the beginning of w at any time pending any suit upor? this Mortgage, or to toreclase it. or t~o reform = i~, .o~ to enforce payment of ar+y claims hereunder, sald MORTGAGEE shall apply to the Court having jurisdiction thereof for the appointmmt ' of a Receiver, wch Caurt shall forthwith appoint a Receive~. of said mortgsged property al) snd singular, including all and singular the intome. profits, issues and revenues from whatever source derived, each and every of whith. it being expressly undentood, Is hereby mort• gaged as if specifically set forth and described in tF,e granting and habendum tlauses hereof, and such Receiver shall have all the broad sr+d ; -ffective functiau and powers in anywise entrusted by a Court to a Receiver. and suth sppointrne~t shall be made by such Court as an admitted ectu+ty and t matter of absolute reght to said MORTGAGEE, and without roferenct to the sdequacy or inadequacy of the value of the P~operty mort6aged or to the wlvenq w insolvency of said MORTG/,GOR or the deferxlants, and that wch rents. profits. inco~nes. tswea and revenues shall be apptied by wch Receiver atcording to the lien or equity of said MORTCJ?GEE and the prattice of suth Cowrt, 9. To duly promptly and fully perform, disct?arge, execute. effect, oomplete comply with and abide by each and every the stipu- lations, agreements. co~ditions and covenants in said promissory note and in this mortQage set iorth. 10. That in the rvent the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTWGOR, the MORTGNGEE, its suctessors and auigns, may, without notice to the MORTGAGOR, deal with such successor o~ successors in interest with reference ro this mortgage and the debt hereby secured In the same manner as with Mo?tgagor without in any way vitiating or discha~ging the Mortgager's liabiliy herounder or upon the debt i+ereby secured. No sale of the premises hereby mortgaged and no fora beara~ce on the pa.t of the MORTGAGEE cK its successors or assi~ns ard no extension of the time iw~ the payment of the debt hereby secured B~ven by the MORTGAGEE or its successors or assigns. shall opente to relase. discharge. modify, change or effett the originsl liability of st a the MORTGAGOR herein, either in whole or in part, 11. It is specifitally agreed that Nme is of the essenoe of this oor?tratt and that ra waiver or any obligation hereunder or of ths obligation secur~d hereby shal! at any time thertafter be held to be a wai„er of the temns hereof or of the instrument secured hereby. _ ~\g++ed, Seakd and delivered in presence of: ; ~ - ~ - - ----(SE/~U : i _ ~ ~ - - - - - - - - (SEAU ~ ~ ; ST/17E OF FLORIDA ~ - ~ ~ ~ SS. ' COUNTY OF- - - ~ ~ - ` Before me persor~ally appeared , and € ' his wife, to me well knawn. antl l~nown to me to be the individuals described in ~ and who executed the foregoing irut t, and acknowledged before me that they executed t)tt~s~me for the purposes therein expressed. ~ ~ i WITNESS nd and official seal this ---day of_--------------------------------- , A. D. 19----- - r ~ . : ~ v o Notary Public in and for the State of Fforida at Large. ~ ~ My tommission e~ires: 3 { ~ a A ~ ~ ~ w ~ d x 5 ' ~ O ~ V - } : w ~ ~ ~a~ ~ A r ~ ~ov z ~ oG ; .:.C% N~i ~ H ~ a > 1~1 ~ ~ ~ F~ ~ ~ W = v H ~aa p~ ~a~ ~ ~ w''Z V ~ ~ ~ A Z o W F+ e o ~ N < A ~ ~ ~ _ ~ E~~ ~ 220 ~8~~ ~ ' r o ~ ` ~ . , . = , ~