HomeMy WebLinkAbout0957 3. ?b pay a!! a~ed sir~ge~lar tJu c~oata, chargea a?sd expenaea, inclr~ding bwyer'a feea, rea-
sonab~ly incumd or paid at any time b,~? aaid Mo~tgagee becauae of the jailun on the part oj the
8aid Mortgogor to perform, comply wsth and abide by each and eusry the stipulationa, c~ondi-
tiona a»d rnutnanta of said prom~asory note and this dee~d. or ~iiher, and evsry h yment
shall bear interest jrom date at the ~~xxxxxxxx;~Ile~qwl~,xp~pt~pp!!I~ ~~gheat rate
of interest per anrium allowable under Flar~da Law. ~
?b ke~ep b~~q now or lu,~ r on aaid land inaured in o aum not leaa than
~irbeesi Thauea~ Five ~undred d'ollara, in a company or oanpaniea to be approued by
said Mortga~gee, ond the policy ar policiea held by and pa
y,~able to ~ aad Mortgage~, and in the
euer?t any awn oj money beoomea pay~ Je ander auch polecy or. policiea, tl~ Mortgages ahall
have the option to r+c~eius and apply the iaine on acanwit oj the indebte~dneaa hereby xcured or
to perneit the Mortgagor to roceeue and uas it, or any part thercof, for other purpoaes, without
ther~eby w~ai w'ng or i~n,pai
n'~g any ~quity lien or right wader or by uirtu~ of thia mortga~e, and
~Y P~ a~ 1xiY for such inawanoe or an part thereof, wiilwr~t waiuin~g or ~ctu~g th~
o tjon to fone~cloat or any rigl~ I~enew~der, ~each and eexry auch pay»tent ahaU~r intereat
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m date at the hiqhest rate of
interest per annwn allowable under Florida Law.
5. Topt rmit, cbmmit or aujfer no uaaate, i~npairment or deteriomtion of said property or
any part fheneof. .
6. To perform, comply with and abide by each and euery the stipulationa. agreements,
eonditiona and c~ouenania sn s~aid prorruasory note and en this deed set forth.
7 any of said swna oj money herein referned to be not promptly and fully paid within
ten ~l~) days next after the same seuernlly become due and pay,able, or if each and
e~uery the stipulationa,og~eme
nta, conditiona and eouenanta of said pronuaso~r~? note and ihia
deed or either, are ~eot duly perjorrne~d,- ovmplied with and abided by the said ate aune
r.eentioned in said pmmisaory note shall bec~nme dr~e and p~aya ble fort~iwith or thea~r at the
option o~the Mortgasge~e os ~ull and oompletely as if the said sggn~ate awn of
Sixty our Hundred lylars and accrued interes x~a~emt wns originaUy
. stipulated to be paid on such day, a~nything in said prvmisaory ~note or henein to the controry
notwithstar~ding. -
~ 8. The Mortgage~e may, at any time while a suit ia pending to foreeloae or to reform this
mortgoge or to enfon~e any claima arising leeneunder, apply to the oourt ha~ing jr~risdiction
there~of for theap
pointment oj a r~oeiver, and such oourt shall forth~uit~h appoi~ct a sec~eiuer o
the pren:isea and all othe~ pmperty c~ovened hereby, includir~g al! and singular the inoome, pro~
ita, r+e~ts, isaues and revenues Jrnm whateuer aow+oe derived, and such re~eiver shall haue all the
bmad and ~fective functiona and powers in anywise entnrste~d by a~ourt to a neceiuer and auch
appoindnent ahall be made by sueh eo~ert as an adnuited equity and a matter of absolute right
to s~aid Mortg , and withor~t refe~+e~ece to the ade or snadequacy of the valr~e of the pnnp-
ece
- erty mont~~cr~~ - to the aolvency or snsolue _y of s' Mort$agot or the defenddnts, and such
irevome, prot ta, renta, isar~es and neve~er~ea shaU be applied by such ~eceiuer according to the lien
of ~~~SaBe and the pr~actice of such c~ourt,
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~tt ~ihtess ~l~ereof, the said Mortgagor hereunto sets his hand and seal the day and
year first aboue written. - ~ -
Sign , Sealed nd livered in Presence of:
u l~
s RT . ERDEW
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~ b~x 2?~ ~E 956
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