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i~l 0 AN p N~ f14
CILRK ~MC R ~
AtCM~ vEAlI1[0 C
4~'~'72
~ha11 have the optaa to receiw and apply the s~ms on a«ounl ot cAe indebtedneaa ~ecured hereby or w pe~mit
~tid Mo~tga~or to recaive aad u~e it or any p~rt theceo! fw othe? purposes ..tithout t~rsby wsivL~ or impairins
any puity. Usn or ~i~At under or by virtue ot this mortg~Rs; and in the event said Mortgagor shall tor any reawn
tail to kesp the said promisss so ~neurrd. or t~il to deGver promptty ~ny ot said policie~ ot inwrano~ to Nid
Mort~ta~tes. or f~il promptly to pay fuUy any prem~um theretor, or in sny re~peci f~i1 W perform. dischargs.
e=cute, t(tett. eomplete, comply +rith and sbide by this eovenant, or nn}• p~rt hermt.,aaid Mo~t~[ages m~y place and
p~y (or such inaurance or any part thereof aitAout ~vaiving or ~ffectinR any option, liea, equity or rigfit under or by
virtue ot tl~is mort~gs, and tbe fuU amaunt ot each a4d every euch p~yment shal! be immedLtely due and p~yable
and shaU hea~ iatacest [som the date thereot until p~id ~t tAe nte ot tan pe? centum prr annum and together ~ritl~
~ueh interest ~hall be secured by t6e. lien o! tAis mortg~ge.
4. To permit. commit or auffer na wasu. impairn~ent or .ietrrioratiun ot +aid property or ~ny p~rt thereot. _
5. To psy aU and singular the coets, ch~rp~es ~nd e:penx~, inciuding re~eonabb lawryer's fees aad cosl of
~batrects ot titk, incurred or paid at• any time by said Mortgagee bec~use and/o~ in the event ot the (aitun on the
pa~t ot the said Mortgago- W duly, promptly and tully perfo~m. dischuge. e:rrute, eNect. tomplete, eornpay witA
~nd abide by e~cA •nd e~ery the stipulationi, agniements. condicions ~nd covcnante ot said ptomiswry ~ote, and
this mort~~ce. ~ny or aitAer, and eaid co~ts. charge~ and e:penxs, each snd every, shall be unmediately due and
p~yable. w1~etAer or nol there be not~ce. demtnd. ~ttempt. to coliect or ~uit pendinR: ~nd the full amou~t ot wch
•nd~ every suth payment aheU bear inureet from the date theMOt until psv! et t~e r~4e oi ten per centum per
~nnum: and aq ssid coste, ch~rges •nd e:penees so incurred or p~id. to~cher with sucb interest, ehaU be secured by
the lien oi thi~ mortgage.
6. That 1~1 in the event of ¦ny bre~ch ot this mortg~ge or defautt on ttu+ pRri ot tAe Mortgagor. or fb1 in the
• event any ot s~id ~uma of money herein referred to bs not promptly and fuUy paid .rithin ten days nast att~ the
aame severaUy become due and p~yaDis, without demand or notice, or tc1 in tAe event each ~nd every the stip~tions.
eqreemeats. coi?dicions and rnveaance ot said pro~s?issory note and this mort~tage. any ar eitser. ars not duty.
promptly and fuUy pertormed. diecharged, executed, effected, compteted. comptied with and abided 6y, then, in either
' or any euch event, the ~aid aggregate sum rr~ntioned in said promiseory ~te then rerruining unpaid, with interest
accrued, and aU moneya serured hereby, shall became due and payabk tortbwith. or there~tter, at the option of eaid
Mo~agee. ~e fully and rnmpktely ~s it all of the said sums ot oomey were cxigi~Uy stipuiated W be ~id on
such day. enything !n said promiseory note. and or ie? this mortgagr w the eontrary notwitAsunding: ~nd
thereupon or thereafter at the option of said Mortgagee, without notice or damaad, euit ~t law ~ in eqnity.
theretoEore. or there~fter bagun. may be prosscuted as if all moneYe nscu»d hereby h•d m~turod prior to its
instiwtion.
7. That in the event th~t at the beginning of or •t any time pending any suit upon this mortgage, or to faecb~e
it. or to reform it, and/or to entorce Q~ytnent ot any cWms hereunder. aaid M«tgsgee sha11 ~ppty to the court
having juri~diction thereof for the appointment of ~ Receiver. ~uch court shsq torthwitb ~ppoiat • R~ceiver ot said
ic
mortgaged property ~U and sinqular, inciuding ~II and aingalar the rente income proCts, iaaues and rovennea ftom
ah~tever eourre derived. e~cA ~nd evety of which. it being e:pressly underscood i~ t?ereby mortgaged as it
' ~pecifuaUy set Iorth and deecribed in tAe RrentinR and habendurt~ clsuee~ h~renf, and nuch Receiver ahdl have
~ all tl~e brwd snd ~ftective (unctione ~nd power~ in snyw~ix entruated by r court to s R~.reiver, and auch sppointment
i shall 6e msde by auch court •a en admittexi rquity end a mitter ot ebsolut~ :iQl.t tu said MortR~gee: ~nd without
reterence to the adequacy or inedequac~ at [he valuP ot 'the pwperty mortKa~ted or to the eoivency er in~vency
of said Mortgaqor andlor af the defend~nts. and that such rente. proCts, ir~come, issuea and revenuee ehall be applied
by sucA Receiver acoordinq to the kin and~or equity of said MortgaRee ~nd the p~actice of snch aourt.
~ 8. It is undentood and agreed that this mortgage iu givea to secon, in addition to the note u~ obligation
~ •bove described ~ay additioaal loani or future sdvantes made wititin twenty ye~rs trom date he~sot br the mortgagee
° to said awKgagor~ or eny sucoessor io title ot ~aid mort~or~ of the property heroby conveyeQ: provided tlut the
~ total unp~id balance ot the indebtedness xcured hereby ai any one time sha11 nol, r:ceed the ma:imum principal
~w+~nt ot SIX THOUSAND ONE HUNDRED ~w~a
~ ii 1. plue interest thereon end •ny disbe~rsemente made by the mortqagee for tha psvment of ta=e~. levies or insurenoe
9 on the property encumbered hereby, with intereet on such disbursements
~
~ IN WITNESS WHEREOF. the eaid MortRaRor h~s e:ecuted this enortRage under eeal oe the day ~nd yeer hercir?
fir~t sbove written. 1
i Signed. sealed and delivered in the presence of:
5
~ ~ X ISEAL)
~ -
~ - ~ • 13F.AL!
Elinor E. Barnhart
3 STATE OF FI.ORIDA
; sa.
~ covrrr~r oF sr. c.~cie
' B~co~~ ~ per~onaUy ~ppe~red Gilbert A. 8arnhart and Elinor E. Barnhart, his wife of 550
Ixora Dr , Melbot~rne, FL 32935
: . .
; to me wsU known aad Icnown to ms W bs t6e individuaL$ de~cribed 'm atd wbo ~z~cuted tbe foreqoin8 ~nstrus~t.~
~ and ~cknowlsdged before rne that .~be.Jl ezecuted ths same ior the purporea tbenin e:pers~sd. . ~
~ WITNE33 my lund ~nd ofCxia! eeal thie _ 2Zt1d ~y of JU ~ „ f.
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P ? "
4 Not,~ry Public in ~
the County end 3taq I4Lorwid-~
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'k Bo~,~ 297 ~~~E 98? M ~~a.~~ ~ ~ ~ ~
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