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Home My WebLink About0636 ~ncom~, proAfs, iuu~s oe?d ~~v~nu~s ore h~rebr mo~tpop~d as if speciFica~ly ~N forri+ ond dexribed ~n th• q~anti~a ond hob~ndvm , clovs~~ A~r~oi, ond such ~~c~iv~? sholl hov~ oll the brocd ond etf~c~~ve functiw+s and powen in cny wise ~~trw~~d by o couM 10 0 rec~iv~r, ond wcA oppointmtnt sholl b~ mcds br'suth tovrf as on adrnilted ~quiry and o rnolter of obwlutt ~~~ht in th~ Mortqop~~, and wifAouf r~f~rtnN to fh~ odeqvotr o~ inod~quacy of the ~alue of 1he property rrwn9oped, o~ to the wlvsncy or intiolv~nty Of tM Mo?t~opor ond/or ?h~ def~ndant ond such r~~ts, profits, income, ~ssuei and revenues sholl be appl~ed by th~ nc~ir~? occo~dina ro tM li~n ond/or ~quity of Mis mo~tpoye onq m• proc?Ke of suth couii, u~~ s„ih ~p~~~;~:~~:~~t 3f re:c'st~r :~~~1 ~e wiHxwt notit~ to onr obli9o~ h~~wnder. s E ~ ~ NINTH: The MortyoQor Aereby waives all riqhls of homestead and eaemption gronted br the Constitut~ ond lows of ~ Florido, h is specifically o9?eed Ma~ time ~s oF Me essence this controct ond that no woive~ by Ihe Mortqa9ee of onY obliyotion ~ ~ ~e«und~r o? of 1he obliqariw~ secured hereby sl?all ot any time thereof~er be held to be o waiver of the tern?s hereof or of M?~ r f ob1~Qo~ion secured he~eby. ~ TENTH: Upo.+ ony solc, tronsler or conveyorxe of the property here~n deunbed ond co~ered by th~s Mo~t9oge to any persor,, fum or corpornt~o~, wFwse cred~t-wo~thiness hos not been opproved ~n wnt~~ by the hotder of this Mo.tgoqe, fhe MortQcyee or holder sholl have the riyht, ot ~ts sole option, ro acceterote rl?e mownt~ of th~s Mo+tgoge os thovqh ,t were due ond poyoble on the doy of such tronsfer, if upon notice of soid tronster, the Matgogee r~ holder hos good reos•x, to bel~eve thot the security of rhe Mortgogee w holder hos bcen hormed or ploced ~n ~eopordy. The Bonk sholl recewe o complete current f~nonc,al stote- ment in o form ond presmtotian sotisfactory to the Bonk. ' . ~ REYENTH: If fpretlosure proceadinQs of anr setond mortpoQe or second trust deed or ony junior litn of ony ki~d should ~ be instituted, Me Mortpapee n+ay, at its option immediately or thereafter decfare tn~s mo~tgoge and the indebtedness secured ~ hereby due ond payobl~. TWQFTH: That in th~ event the premises hereby mortgaged, ony part thereof, shall be condemned and taken for pubtic 1 use u~der the power of eminent danain, Ihe Morfgogee sholl hovc fhe right to demond that oll domages aworded fo? the tekin9 F of or domo9es to said premiies shnl! be paid to fhe Mortgogee, up to the amouM then unpoid oo this mortacge ond the obliyotion setured hereby end may be opplied upon ~he poymenrs last payable under this mortgege and Me obli9otion :ecured hereby. THIRTEENTH; Thot instollments, porable under the terms hereof ond the note secu~ed hereby, rwt poid when due, shall be ! subject, oher fihean (15) dops f~om th~ due dote thereof, to. and it is agreed Mortqegee sholl collect thereon and therewith, o ~ "late chor~e" in fhe amount of four per esnt (1~) of the installment due upon eech such delinquent instellment, ond sud~ "iote chorpei' an :ecur~d br the lien h~r~of. ~ FOURTEENTH: Wifhout impeirin~ the obli9otions of Mort~agor contoined in porogrophs SECOND, THIRO and FOURTH ! hereof, ond for applicofion to the purposes th~reof insofor os the same shell be sufficient, Mortyagor shall, in addition to fhe '~^~~Y PaYments of principol ond inferest tls sfoted in the originoi note (and in the note or nates secured hereby) provided to be mode, poy o monthfy wm and amount equa~ to one-twelfth (~/~2) of the estirnated annuol laxes, ossessments ond insuronce premiums upon fhe reol sstote-searity, cs Ms omount thereof is determined from time to time by the Mongogee. ftFTEENTH: Thot fhe Mortqaqor shott /urnish cnnvally, ot the reqvest of the Mortgogee, finan:ea! stotements in form ond cenified in o manner sQtisfoctory to Me Mortgapee. SIXTEENTH: This nwrtqoqe olw setures any and all renewols and extensions of the promissory note refe~red to herein and secvsed hereby, and oll installments fhereof, and elso ony other note: which hove bee~ o? mor be given to the MortQoQee by the Mort~aQor, ond ony othe? indebtedness of the Mortpogor to the Morf~oQee which, however, sholl not exceed at ony one time the ap4re~afe unpaid printipol wm of s---~_--___.,--~_ ~III~IY EIQ~' ~At~ FIZ~E HIJI~ ~1P~ NO/10U--------__--'-~- Dollan (S 38,500. QO_ ~ 1. it bein~ the speciRc infention thet further advances may be made by the Mortgagee at its option to the Mortgogor, either•prior ro or oher the due dates of fh~ above refefrad to promissory note hereby setured; a~d this moygQge is given for the specific purpose of seturinp ony and aN indebtedness by the Mortgegor to the Mortgagee in whotcrer monner Ihe same moy be evi- ~ dented or ~epresented, unfil fhis nwrt~oye is sotisfied of retord; ond al{ covenants ond agreements cor+toined in this mortgoge sholl be opplicable to all further and future advances mede by the Mo?tgogee to the Mortgagor ond oll other indebtedness of ` Mortpagor to the Mort~a~ee, and any ond al) renewqls or extensions thereof. t ~ i- i~ I i~ i1 ~'I ~ > o ~ ~8 ~-s~s at~r~~ -3- : ; _ k r - - - - ~ _ , ...r...~ ta'~ ~v* N, ~ ; `ri~. ~ s ~r.^,Q"~-~... ~ . ~ _