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Home My WebLink About1391 .t i,. ~ , f, ~ i polity or policles sa!d MORTC.AGEE shell hava the opt{~n b ~aceive •nd appty tho sama on account of the indebtednass secwed hercbv o~ fe . J permif said MORTGACORS t~ ~eceive ~nd usa tt or any pan 3hereof for other purpo;es without thcn~by walving or tmpbiring any equlry, ilen or right under or by vlrtus of thls Mortgage; and in the eve~t said MOR7GACORS shaU tor any reason fali to keep the said premisas { so Insurcd, or fail t~ deliver promptly any aF seld po~icios of Insura~ce to sald MORTGAGEE, o~ fafl ~sromptiy to pay fully any pre~nlum 3herefor~ or In any respett fait to pe~form~ discharge, executo, effect, tomplete, tomply with and abide by this tovenent,.Qr any part he~eof, sald MORY• GAGEE may place and pay for such insuronce or any part thereof without waivir~g or affecting any apNon, lien; equity~ or right under oc by • ~ virtue of this Mortg..p4_ and the fuil amount of each and every such payment shail ba immediately due and payabia and shall bear interest ~ from tho date the~eof unNl paid at tha rate ot sIx and~c -tenths per cent per annum and togelher with s?ech interest shall be setured by the ; lien of this mortgage. ([lI"ee ~ 4. To permit, commit or suffer no waste, impairment or deterioration of said property} or ;any part theret>f, ~ 5. It Is hereby spetifically ag~eed that any sum or sums wfi(ch may be loaned or advanceil by the Mongagee to the Mortgagor et a~y ' time after the recc-~tng of this indentu~e, together with interest the~eon at the rate agreed upon at the time of such laan or advanca, shail ba ' ~ equaity secured with and have th8 same prlorlty as the ortginal indebtedness, and be subject to all tha terms arxl provisions of this mortgage; ~ Provided. that the aggregate amou~t of principal outstanding at any time shall not exceed an amount equal to one hundre~ and fifty per cent i (15096) of the principal amount originally secured hereby. ` 6. 7o pay all and singular the costs, tharges and expenses, Includtng a reasonable attamey's fee and costs of absiract of title !rr ; cur~ad or paid at any time by satd MORTCAGEE because or !n tha evant of tha faiture on thepa rt of the satd MORTGACAR to duly, promptly i and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stlpulations, agreements~ conditians y ~ and covenants of said promissory note and thts mortgage any nr etther, and sa[d costs~ tharges and expenses, each and every. shall be Irnmediately due a~d payable; whether or not the~e be notice, dorr?and, attempt to tollett or suit perxJtng; and tha full amount of each and E~ ~ every such payment shall bear tnterest from the date ihereof unNl pald at the rate of six a ths per centum per annum; and ai! satd i costs, charges and expenses so incurred or patd, together with such intarest, shall be secured~~m of thts mortgage. 7. That (a) in the event of any breach of this Mortgage or default on thepa rt of the MORTCAGOR, or (b) In the event any of sald sums ot money herain refenad to be not promptly and fully pald withln thirry t30) days next after tFra same sevendly become due an~ payabla, without demand or noticR, or (c) in the eve~t each and every the stipulations, argeements, conditions and covenanh of said promissory nata and this mo~tgnge any o~'t~ther are not duly, promptly and fully performed, discharged, executed, effected, compteted complled with and abided by, then in either or any suth avent~ the satd aggregate wm mentioned In said promissory noto tt~en re?n~ining unpald~ wlth interest accnicd, and all moneys secured hereby, shall E~come due and paysbte forthwtth, or thereaker~ at the optiort of sald MORTCAGEE, as fully and comptetely as if al! of the satd sums of money were originally stiputated to be paid on such day~ anything in sald promissory note o~ In tF~Is Mortgage to tha contrary not withstanding; and thereupon o~ thereahe~ at the option of said MORTGAGEE, w(thout notiCe or demand, wit at law or in equity~ may be prosecuted as if att monies secured htreby had matured prlor to tts lnslitution, ' 8. That In the avent that at tho begtnnln~ of cr at any tlme pending a~y suit upan thia Morlgage. or to foreclose it~ or to reform f It or to enforce psymant of any cialms hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof fo~ tfie appointment 1 0~ a•Recelver, s~h Court shall forthwith ~ppoint a Receiver, of said mortgaged eroperty a(1 and singular, lncludt~g all and singular the , income, profits, tssues and revenues from whatever source derived, each and every ~of .vhich~ lt being expressty unde?stood, Is hereby mort~ ~ ~ gaged as lf sp~ciFitaSly set forth ~nd described t~ the g~anting and habendum tisuses hereof~ a~d wch Retetvet shall have all tha broad and ' effective functions and pov~rers tn anywise entrusted by a Cou~t to a Receiver, and such appointme~t stwll be made by such Court as an ; admitted equity and s matter of absolute ~Ight to sald MORTGAGEE, and without reference to the adeqwcy or i~sdequary of the value of the ; ~ property mortgeged or to the soivenq or insolvenq of said MORTGACAR or the defendants, a~d that such rents. proflta, incornes, issue~ ~ and reve~ues shali be applled by such Recel:~er according to the tten or equity of said MOR7GAGEE and the prattlce of such Court. 9. To duly. promptly and fully pe~form. dtscharge, execute, effect, complete compfy with and abtde by each and every the sttpu- (aHons, ag~eements, conditions and covenants In safd promissory note and tn this mortga~e set forth. ~ ~ , i0. That i~ the 4vent the o?dnershtp of the mortgaged premises. or any psrt thereof, becomes vested in a person othe~ thm the _ MORTGAGOR, the MORTGAGEE. tts waessors and assigns, may, without notice to the MORTGAGOR, deal with wch successor or successon in interest with reference to this mortgage arxi ihe debt hereby secured in the same manner as with Mortgagor without in any way vltiating ~ ~ w dtsctwr~in8 the Mortgagor's Itsblpty hereunde~ or upon ihe debt hereby secured. No sale of ~he pramises hereby mongaged and no foro- x. bearance on the pa~t of the MORTGAGEE or its succeuors or assigns and no extension of the time for !he payment of the debt hereby secured given by the MORTG/1GEE or its successon or asstgns. shafl operate to release, dixt?arge, modtfy, change or effect the odginsl ftsbiliry of ~ 1 the MORTGAGOR heretn, either in whole or In part, ~ 1 l, !t !sspetifita!!y agreed that time is of the esserxe of thtt contrati and that no waiv~r or any obligatlor~ hertunder ar of th~ ' ~ obii~ation secured hereby shall at any time thereafter be held to ba a~raiver of the terms hercof or of the instrumer?t uw~ed heret~y. IN WITNESS WHEREOF~ fihe said MORTG/~COR has hereunto set hls F?and and seal the day and year first aforesaid. ~ , Signed, $ealed snd delivered in presance of: ' ~ ' ' J ~ ~ a_ ~-~--~-aJ.'i..~/-1_~j. • ' _ • ~ . . . • . . ~ . . i • ` , ~T.... ! ; . : Y.r(:~ '.~.fif t . . . ~f. , . ~!;:=1':) t ~ , ~ . . . ' f ~ ~ ~ ` . . _ . ~ ~ f r ~ . ~1' ( ~1~~ ~ L~~ ~i1~~ i.l~e: ~t~~:r {ri~~ ~f~ ~~t. . ..:111. _ w ~.J ,~il ~ =,r:;' [UT. i3C)i:~f . c)?i{~' . . f • • ~!~I' ?``1 ~,:~f(GjI~ flJE3:i . •~f~ !~:t~C Jl1C( LR:J _ ~~-::1'----- (SEJ1U 3' ~-~"d-~------ . -;t-;.:..r,;1:o1'~?C Cil7Y? [~I: ',/!:)t,!tiC,`.f':~~ ~ ~ -------(SEI1U { ~ ST/?TE OF FLORID/1 ~ ~lf' •rf ; ; G4 ~:C C7T.u i~~ ~r~ ;?.C ;rt .C'~..? ;~C . St. ~ l . ~n l,.~c , r,,- ' . . . ~ C.OUNTY OF_______ j ' - . . Btfon mt ptrsonally ~ppaand MARV~;~a :~..~t`~~ . _ - ~nd . SA I~LY W. ME LTON h~: wife. ro me weu w,own,, ~u,a known ro n,. ro be th. InatvWwb aac~b.a ~n ed the foreQc+ing instrument sr~d ack^owled~ed before me that they ~xecuted the same ior tf~s peuRoses tMrein ~nsied. ~ a6al0~ /y " ' i- \ , . ~ O .1 : ~ . t' a ~ ~y1~~,11~nd arxi officlal seal this~_ ~ ---.__day of.~_ . ,~t°I~A~ . ~ /1. 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