Loading...
HomeMy WebLinkAbout1874 less than its full. insurable value • Dollars. to a company or companies to be approved by said .Mortgagee, and the policy or policies held by and payable to said ,Mortgagee, and in the event any sum of moray becomes payable under Such policy or policies, the .Mortga~ee shall have the option to receive and apply the same on account of the indebtedness reby secured or t~ permit the ,Mortgagor to receive and use it,. or any part thereof, for other purposes, without thereby wasvtng or impairing any egzcitl/ lien or right under or by virtue of this mortgage, and may place and pa for Such insurance or any part thereof, without waivang or a~`'ecting the option to f oreclose~o~r any right hereunder, and each and every such payment shall bear interest from at the rate of TII~1 (108) per cent. per annum. S. To permit, commit or 8ug`•er no waste, impairment or deterioration of said property or any part thereof. 6. To perform, comply with and abide by each and every the stipulations, agreements, conditions and covenants in said promissory note anal sza this deed set forth. q. If any of said sums of money herein referred to be not prnmptly and fully paid within . drays next after the same severally become due and pa able, or i each and every the stipulations, agreements. condition$ and covenants o}~ said pr+vrriissory note and this deed or either, are not duly performed, complied with and abated by, the said aggregate sum mentioned in said promissory note then remaining unpaid shall become due and payable forthwith or thereafter at the option of tie JKort a ee as fully and completely as zf the said aggregate sum of Ate ~p~0 dollars was originally stipulated to be paid on • an itin said promissory note or herein to the contrary notwithstanding. such dal/, ything 8. TIu .Mortgagee may, at anz/ time while a suit is pending to foreclose or Ito reform this mortgage or to enforce any claims arising hereunder. apply to t/~e court having jurisdiction thereof for the appointment of a receiver, and sz~,ch court .shall forthwith appoint a receiver of the premrses and all other prn/~erty covered here by, including alt and singular the income, profits, tents, issues and revenues from whatever source de- rived, and such receiver shall have alt the broad and effective functions acrd powers in acrcywise entrusted by a court to a receiverdnd such appointment shall be mau~le by srcch court as an admitted egrcity and a matter of absolute right tp said ,Mortgagee, soil without reference to the adequacy or inadequacy of the va•lrce of the property mort- gaged or to the solvency or insolvency of said .Mortgagor or the defendants, and sac%• income, profits, rents, issues and revenues shalt Le upplie~t by such receiver according to the lien of this mortgage and the practice of such court. _ FiLE© AldD~rZ~C`ORCfED! ± +JCIE ~^Uf~TY. ALA:' CLf~; "=Ri+'tEJ 43?,6'75 'T9 FEB I PM ~ 2 : y 2 ~ri TfItp88 ~PrPi1f, The said ,Mortgagor hereunto _ sets his hand and • ~ seal the day and year first above written. s;EERr GtRClJ+; ~JIfZ; I v Signed, Seal and Delivered in Presence of: . _ _ ~ L. RIIIII A. DiT1~~E[t _ _ ~ ' ' • 1 2 r , rsS`ti_.~ ,~n..,~f~cer authorized to take acknowledgments of deeds according to the . - ?,State of Florida, duly qualified and acting, HEREBY CERTIFY that r`=x ~ L. Ixft4Il~t and R~TrH A. DLTIfIIER . .r~•,x~,,.r • , GERAID ~ to me personally known, this day aeknowled ed before me that executed .the foregoing mortgage, and 1 CERTIFY that I know the said persons making said acknowledgment to be the individual described in and who Executed the said mortgage. ~n tttt es ~i~trrof, I hereunto set my hand and of~lcial seal at Jensen said County and State, this a 3 day of , .q. D. 19 79. ` ~ Notary Pa~:ic, Florida, State at LargX~ PubliO a~`R~ l r..,r18 4 Ri; Canimis~~on Exp+re,lu+y 30, 198Mj/ Ornmiasion &xpires - - ~ flooded t;uu .l..3co Insurance Agenry f J.