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Home My WebLink About1568 } i i , ~ : ~ . ~ ' t', ~ ~ ~ C: ~ ~ pollcy or policfas sald MORTGAG~E al~+il hava the optlon to receive and appty the same on account of tF» Indebte~dr~ess secured here~hv or tn ; parmit ~tci MORYG+'1CARS to recetve and use It or any part th4roof for oshar pu?po~ses vritt~wut ihereby watvi~g ar impAir~ng any equity, ilan or right under or by vtrtua of thls Mwtgaga; and M the event ~Id h10RYGAC~ORS shell for any roaso~ fall b keep the sald premis~s ~ ao insured~ or fall to deliver promptly any of aaid polities of Insurance to sald MORTGAGfiE, or fall pnxnptly to pay fully any premtum therefor, or in any respcct fsil to perform, discha~ge, executa, effect, complete, c~npty with and ablde by thls coveriant, or any part hereof, said MORT• ~ ; CAGEE may placs and pay for suth Inwrante or any part thereof without waiving oe affetNng Anyop tlon, Uen, equity, or right undar or by vi~tue of thls Mortgage, and the fuli amou~t of each and avery suth payment shall be immediately due and payabte and shall bear interest ! ~ from iFw dato thereof unii! p31d at the rate of sfx and slx-ienths per cent per annum and togethe~ wlth such intere3t shail be setured by the ~ ~ Ilen of this mortgage. ~ 4. To permlt, tom?nit or sufter no waste~ impairment o~ deterioratlan of said property or any part thereof. ~ ; 5. It is hereby specifically agread that any sum or sums which may be ioaned or advanted by the Mortgagee to tha Mortgagot at any ~ time after tha ~ecording of this Indentura, together with Interest thereon at the ~ate agre~d upa~ et the time of such tonn or edvanca, shatl be ~ ~ equally secured with and have tha same prtority as ihe originai l~debtedness, and ba subJrtt to all the terms and provistons of this mortgage; 1 Provided. that the aggregate smount of principai outstanding at any time shail ~ot oxceed an amount equal to one hyndrod and fi(ty per tent ~ ~ (15046) of the princtpal amcwnt origlnally secured hereby. 6. To pay all and si~gular tho costs, charges and expensns, including ~ reasonable attomey's feo and costs of abst~att of title In. ~ ; curred or paid at any ttme by satd MOR7CI~ICEE because or in tF?e e~ra~t of the faiture on thapa rt of the sa+id MOR7GAGOR to thly, promptly ~ and fuUy perform, disct?9rge~ execute, effect, complcta~ compty with and abick by each and every the stipulations~ agreements, co~dltions and covena~ts of sald promissory ~ote and this mortQa~e any o~ alther, and satd costs~ charges snd expenses, each ancl evary~ shaii ba ~ . Immediatety due and payabte; wheshar or not there be notica~ demsnd, attampt to collect or wit per~ding; and the ful) amount af each a~d every such payment shall bear tnte~est from the data thereof untll pstd at the rate of six and slx-tenths per tentum per snnum; and all satd ; costs, chsrges snd expenses so Incur~~d or paid~ together with such I~terest, shaN be setured by the llen of thls mort~age. 7. 1'hat (a) In tho event of sny brasch of this Mortgsge or defautt on the psirt of tta MORTCIICOR, or !b) in the event any of sald ( :ums of mor~ey tusrein refarrcd to be no! prnmptly and fuUy psid withln thirty (30) days next aker the sama uwerally beconne due snd paysble, f vvithout demand or notice, or td in the event each and every tF+e stlpulsHons, s~oeme~ts. co~ditio~s s~d cover?snts of satd promtuary note E i ~ and tfils morigeQs sny w eltfier aro ~ot duty, Promptty and fuilY porformed. dlscharQad, exewted~ affoctad, completedsomp Ited with snd ab~ded by, then !n either or any wch event, tfie said aggreaate sum mentioned in sald promissory note tfien ranslni~~ unpald~ with Interest = accnxd. awd ailmoneys secu~ed hereby, shall become due and payable forthwith~ or thereaftar~ at the optton of said MORTGAGEE, ss fulty and comptetety ss If all of the satd wms of money w~ere ortginally stipulated to be pald on suth d~y. ~~ythina in sold promluory note or fn ~ thts Mortg~Qe to the cQntrary not withstandlnQ; and the~eupon or thereaker at the option of said MORTGAGEE~ without notlca or demand, suit at law or in equly~ may be prosecuted as if all mcxdrs secured hereby hsd matured prior to Its institution. 4 8. That in the event t#?~t st th~ ba;innFng of or at any ttma pertdin any wit ~epo~ tht: Mort~ e~ or to fio~ecbse li~ or to reforrn it or to mforce payment of any ctaims here~xxkr. ssld MORTGAGfE shall app~y to tt?e Court havi~~ juri~iction tfieraof for the sppointment o~ a Receivar. such Court shall fortfiwith appoint a Receive~~ of said mortgaQed proparty all snd singular, Includia` ail and singufar tM tncome~ profits, issues and revenues from whatever source dertved~ each and every af which~ it be{ng expreuly ur~darstood~ Is horeby mort- ~ gsged as iF speciftcaNy ut forth ar~d described in the granting and habendum clauses heroaf, snd wch Recelvsr shsll Furve all the broad snd effectiva functions and powars tn a~ywise entnnied by a CouK to a R~ceiver. and such appolntment shalf bs rrwcb by wth Court as an ~ admitted equlty and a matter of absolute rf~ht to said PNORTGAGEE. and wtthout re~ere~ta to the adc+quscy w inadeqwcy of the v~lue of the property mortgaged or to the solventyr w Insotvancy of sata' MORTGAGOR or the deferxlants, and thst suth rents, profits, Inoomes, issues ~ . and revanues shall ba ~pplied by wch Recelver atcordin~~.the Uen or equity of aald MORTG^GE~ srxi tfie prattite of suth Court. ~ ; ~ ' t 4. To duty, promptly ar?d fully perfwm~ discharee, exewte, effect~ camplete comply with and abicfe by each and every the sttpu- ~ ~ lations, s~reements, co~dtNons and covenants tn sald promissory note srsd !n thls mort~s~e set forth. = j 10. That In the evmt the ownenhip of the rtartgagad premises, or sny part thsrsof, b~ecomas vested fn s person othar than ths ; MORYGACOR~ the MOR7GACEE, lts wccessors and auigns, m~y~ without notice to the MOR7GAGOft. deal with wch wcceswr or succeswrs tn interest with raference to this mortgage and tfie debt heroby securod in the same manner as witf~ Mort~agor wtthout in sny way Wttating i ; or dtschar~tng th~ Mortgsgor's IiadiHty hereurider or upon ihe debi hereby sec~red. No sak of the premtus hareby nwrtgs~sd and no for~- ~ i bearance on ths psrt of the MORTGAGE~ or its successors or auigns and no exte4uior? of the time for tfie paym~ent of the debt hereby securad given by tfie MORTGACEE or its sucteuort or sssl~ns. shall operate to retease~ dtscharge, modlfy, chsn~e or affect ths ortgtna! 1lablliy of the MORi'CAGOR hereln. slther in wtwle or in part. ~ 11, it tsspetitially sgraed that ttme Is of the essanca of this cantmct arxi N~at no walver or sny obligatton hereur~der er of Nw } obiigatlon secured hereby shsll at any time thereaher ba hetd to be a walver of the terms heroof or of the tnstrument secured hereby. ' ! i ~ IN WITNESS WHEREOF, the satd A710RTC/1GOR hu herounto sot hls hand and seai the day and ysar first aforesaid. 1 Sl~ned~ Sealed and deltvered in p~asence of: ~ ~ v - ~ ~ • ~ - ~ i a- - ; ~ _ . ~ _ ~ • . , • ~ ` . , . ~ , r- ~ t . . - ~ - - - - - . (SEAU ; ~ ~ ~ - . . . ~ , . - , . ~ orr s~ ' . ; _ ~ ~ t~~?u ~ ST~?T~ OF FLORIDA ~ . ~ arg H. N rr_is, • cour~rir oF_ BROWARD ar~ ~11~ a~~ ~ ~ t ~ ~ ; . ~ e.~.. ,n. ~iy ~~.a C. GAIL ~VORRIS . ~,a ~ ; = MARGARET H. NORRIS ' > a~,d w4w uc.~wtoa tt,..for hi: wifa, eo n;. ws~~ knov?n,, .nd krw,wn co n,. to b. eh. irdividwis aacribed in .1 O~ILQ 1l1SftW11fA~~ ifld aC~f01M~O~,Od bffOff 11i0 ~1it ~1fy ~XKYtAd ~~1t fi1110 fOf f~N Rlirp0i0= f~10ft~fl ~fMd. ~ ~ w~~~cs Kw~a.~~,a ~~u~i ~i ~-~/~.r o~..~----- - ec~ E_~., ti o. i46~... ` ~ ~ ~ ~ c = _ ~ ; . y ~ - - . : . ~ ~ ~~~I~C~ i~'' _ of FM • ` ~ ~ . . r ~4 ~ ~ ~~1G' ~~w ro P3atar~? Pub'ic. St~ite of ,rld~ et I.a-re ~ ~ 7~' . . . e.' - • Co: „ j _•'ru~ t t-? i7, l'~i~~ , ~.o.~ tr s .~.~i3~ ia~Gt3tu~YlUk,A1 fi:. ttL'~~is __~~...~----1.G' ; ~v~ . ~ . - - . ~ . ~ ~ ~ _ . . ~ ~ ~ ~ ~ ~ „~~o~,,,,,••• o ~ : ~ . . ~3~~3~3 . , . ~ ~ ~ Y z FIl~D ANO ~ ~ , . ~ ' A r!i ~ z , . _ _ REGORDEa a * , ; , - a M „ o - . . . ~ , ih~ • • BOQK ~ o : ~ . ~ . w . 1964 QEC 1 ~t AM l0: 49 ~ ~ ~ ~ ~ ~ z ~ ~ ~a ~ ` ~ ~ ~ ~ ~ ~ p~ ~ ROGER POiTRAS CtERK ~ . . ~ . O 0 ~1M~~~ 1~.• ~ ~ , W a z G? ~ ~ ~ si. IUCIE CQU.NTY, ~~oRio~~_. ~ : ~ . . _ . _ ~ A rn G 1 r • , , : i ~ ~ ~ ~ ,K _ W Z o A '4` ;ti~~ ; ~ , o .z ~ ' ~ ~ t ~ ~ t , p~ i S 3 y ~ k ~ ~ . . ' + If~r` I~/ ;~'t'S . . . . , b ~ • . ~ i . _ . . ~ ~ . ~ f . ~ ~ ~i~ t ~ : `ls~r . . . . . . . , ' t . . ' ~ o . • , . . . , _ • ~ J(- • rt~~~y, ~ ~ ~ : t : A . . i t . - _ . , ,,i~ `;~T~•. S _ Ve~~ . . ~ ~ _ _ . ,c . ~ 80~x ~f ~ 1.~ 3. 05 F~ g w, . . ~ ~ _ ~ - ~ _ _ ~ : ~s: i