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Home My WebLink About0725 S~w?i~ . . . ADDITIONAL TERAIS AND CONDI170NS And the said mortp~on do hereby ptOmite. covenant snd aaree to psy to Ihe said motigatee, ihe sald sums of money anJ interest ss mentioned in and rep~aeated by ssid pcomiuOry pote, or any extensions or renewaLs thereof, and secured to be paid at aforesaid, and slso to carry oul and petform ~ach and eve?y other covenaAt aad atteemeat herein set forih, a~d do promise, covenant and asree to pay all taxes and assessments of every kind snd character levied otassessed oo said pmpertr. aad evety patt thereot, bctore the ssme btcome deiaquent (and also upon this mortga6e aad tAe moneys secured hao- by to the extent hereinafter ut torth), and not to permit Ihe said property or any put thereof, to be sold on accuunt of non-payment of faza or assesr ments of any kind; sad to promptly psr ail insurance premiums that may become due upon insuraace policies iuued upon buildiaas or other improvr ments on sa~d ptem?us dunna the continuance hereof; and to pay all costs, charga and expenses in collectin= the moaeys Aereby secured or in entoran` or ptotecting lhe ri6hts and interats of the said mortga6ee herein, or secured hereby, including reuonable attorneys' fea and commissiorts, whether col- lected by foreciosure or otherwise. It is futther covenanted and a6reed that, if default shall be made in lhe payment of ssid sums of money, or anypu t lherrof, u specified in or represented by said note or any eateosion or renewals thaeot, or if the intetest that may become Jue ~hereon, or any part thereof, shall be behind and unpaid for the space of ten daj~, or if,~de(ault sluU be made in ihe payment of taxes or assestments of a~y kind or character, as hereinabore set forth, insurance pro- miums, or a~y sums of money }t,provlded herein, or if there shall be a breach or violation of, or driault in, any of the covenants or a6reements herein con- tained oa the part ot the mott~a=ors~ iheo it shall be oQtional with thr mortgagre to consiJrr all the unpaid notes, or the Principal sum hereby secured and remaininE unpaid, and aterued interest thereon, u ~mmediately due and payable, and said mortgagee shall have the ri6ht to institate proceedln6s to rntoree the Collection ot a~ eums due hrreunder, or to foreclcxe the lien of this morlgage by reawn of such breach or viotation hereof, or default herein by the mort~agois: PROVIDED, HOWEVER, that upo n any such default and the accdention of the remaining unpaid principal sum, unly the amount of actuat eash itwitially advanced less psyments made thereon and interest acc~urd and apptied in the amount of the maximum interest rate prrmitted by Florida Law to the dats of tlre full parment of tht same shal! be recoverable. It is.agreed that Ihe said mortgs6ee,may pay any sums of money that should have been paid by the mortgagors, under the covenantt herein contained, snd all such moneys so paid shall bear interest at the ate of ten'per cent pet annum from date so pvid, and shaQ be secured by the tien of this moA6age: fiut no payment by the mortgagce of any sum of money as hercin prnrided shall be deemcd a waiver of its right to declate the principal sum due by reuon of the defaull, breach, or violation of the morteseon, u herein specified. ~ ~ ~ Should forcclosurc procerdings be inslituted hrreundrr on account oi any brach or violation of the corenants here contained, it is coven~nted that the mortgagee, shall have the right, without notice to Ihe mortgagors, to make application for and to have a receiver appuinted to take possession of and man- age and control tde mort6a6ed property pending foreclcxure proceedings, for the purpose of renling, preserving, or protecting !he same and applying the net income therefrom to the preservation and protection of the mortEagrd property and to Ihe payment of the mortaage indebtedness in such manner u the court may direct. The term "Mortga6ors" herein shall be construed lo relate to Ihe singular whe~ever appropriate and to inctude the words "Aeirs, Icgal representatives and usigns" of the Mortgagors w•henerer and wherever Ihe conteat so admits or requires: and the terms "Mortgsgee" shall likevvise be construed to include the words "successors and assians" whenever and whererer the conteat so admits or requires_ II f I ~ ~ f ~ 1q F £ ~ ~ ~ s ~ . , ~ _ r - . ' € ~ 4 ~ ! ~ ~ U ~ ~ . - • ~ . • - • ~OR o , /q ~ ~ ~K 3 ~ ~ . - 4 : , . - 4 ~y~.: ~~~2 ~_~y, . y C ~r.~~ - ~ _ - f v,.:", - '~'.~W.-ser'r- ..,-.~""t'~.y~.-' ~',Ti~"~.- K. • I"_'~' .~:`?~'~-s-i","~- ~"'"v~ T+.a~'-'„~~w _ '."t'r ,~_v: _