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' j j ~ . • ~ jf . ! ~p~tcy o~ Qoliclgs said MORTGlIGEE shalf Fwva tho opNon to retelvn and spply tne same un accau~t ot the Indabtedr?ess stcured herebv or tn ~ permit said MORTC;I~t;ORS to rec~ive and use it or a~y part theroof fo~ other purposes wi~hout thereby ~rralving or Impair(ng any equity, ~ Ilen or ~ight under o~ by virtua of this Mortgage; and (n the ovent said MOR7GAGORS shall for any rrasan fall to kecp ti~e said pTemise3 ~ w f~tisured, or fail to delive~ p~omptly any of said policies of Insurance tp said MORTGAGEE, ar fall promptly ro pay fully any premlum therefar~ or in any ~espect (ail to per(orm, discha~ge, executa, effect, complate, comply with and abicle by this cover~ant. or eny part hareof, said MORT C/1GEE may plate and pay for such fnsuranco or any part thereof wlthout waiving or affetttng any option, Ilen, aqufty, or ~Ight under or by vi?tue ~~f this Mortgage, and tha futl Amount of each and every such payment shall be immediatety due,and payable and ahall bear interest • . frorn the date thereof untll pald at the rate of six~ia'cK~iD{~~3{L~s per cent pa~ annum and iogett~r with such interest t~aU be setured by the tten of this mo~tgage. 4. To pe~mit, commit or wffer no w,ste, impairment ar deterioration of sald propertY or any part thereof. 5. It is hereby specifically agreed that any sum or sums which may be loaneei or advanced by the Mortgagee to the Mortgagor at any ~lma afte~ fhe recording of this indenture, together with Interest thereon at ihe rate agreed upon at the Nme of suth loa~ or advance, shall be equally setured Hrith and have the sama p?lority as tha original indebtednass, and be sub)ect to alt the terms and provlsions of this mortgage; ' P~ovided, that tha aggregate amount of princ~pal outstanding at any tlme shal) not exceed an amount equal !o one hundred and fltty pet cent - t15096) of the principal amount originally srcured hereby. 6. To pay all and stngular the cosls, cFwrges and expenses, Including s reasonable attornay's fea and costs of abstrxt of NNe In• curred o~ paid at any ttme by said MOR7GAGEE because or in the evont of the failuro or~ thepa rt of the siid MOR7G^GOR lo duly, prompN ' ' and futty pe~torm, dixharge, execute, effect, complete, tomply wilh and abide by each and every the sNpulations, ag~aaments. conditioni ` anci eovenants of said promissory nota and this mortgago any or either, and sald casts, charges and expenses, each ~nd every, shall be immediately due and payable; whether or not thero ba notico, demand, attempt to coltect or sult pending; and the fufi amoun! of each and every such payment shai! bear lnterest f~om the date thereof unNl paid at tha rote of six ~}~pt}~¢~¢~( per centum per annum; and aH sald costs, tharges and expenses so inc~rrred o~ paid, together with such mterest, sitiall be secured by the lien of this mortgage. . 7. That (a1 in the event of any breach of this Mortgage or default on the part of the MARTGAC,OR, or (b1 in the event sny of sald ~ sums of monoy herein referred to be not promptly and futiy paid wlthin thirty (30) days next after the same sevcrally become due snd payable. without derr~artd or notice, or (c) in the event each and every the stipulations, argeements, tonditions and covenants of sald promissory not~ and this mortgage anY or eithe~ are not duly, promptly ar~ fully performed, discharged, executed, effected, compieted compNed with ~nd abided by,.then in either or any such event~ the said aggregate sum mentioned ln said p?omissory note then remaining unpaid, with Interest ~ ~ctrued, and ali moneys secured hereby. shali become due and payable forthwith, br thoreafter, at the option of said MORTG11GfE, as fully and completely as If all of the said sums of money were originally sNpulated to be patd on such day, inything tn said promissory nota or tn this Mo~tgage to the cont~ary not withstanding; and thereupw~ or thereafter at the option of said MOR7GAGEE, without ttotica or derrl~nd, . suit at law or in equity~ may ~e prasecuted as (f ali monies aecured he.~eby had matu~ed prior to its institution. . ~ ' 8. That in the event that at the beginning of or at any time pending any suit upon thls Mortgage, or to foreclose lt, o: to reForn~ it or to enforce payment of any tlalms hereunder~ said MOR7GAGEE shall apply to tha Court havln~ iurlsdiction thereof for tha appoin~ment ~ o~ a Receiver, such Court shaN forthwith appoint a Recetver~ of said mortgaged properry all s~sl singular~ Including ail and singular the ~ Income, profits. issues and revenues f~om whatever source derived, each and every of whith, It being expressly understood, (s he~eby mort• ~ gaged as if specificalty set forth aRd described in the granting and habendum clauses hereof. and suth Receiver shall hsva ill the broad sncl effective funttions and powers in anywise entrusted by a Court to a Receiver, and suth sppotntmtnt shal) ba mada by wch Couri as sn ~ admitted equity and a matter of absolute right to said MORTCAGE~E, and without referente to tF~e adequaty or inadequacy of the vatue of th~e ~ ~ property morfgaged or to the sotvency o~ insufvency of said MORTGACAR or the defend~+nts, and that wch re~ts, profits, Incomes, tuue~ ' and ravenues shall be applied by such Recelyer according to the lien or equity of said MOR7GAGEE and the practica of such Court. + ~ 9. To duly. promptly and fully perform, discharge. execute, effect, compl~te comply with and abide by each and every the stipu- ~ (ations, agreements~ co~iditi~ns and covenants in said promissory note and in this mort~age set forth. J; 10. That in the event tha ownership of the mortgaged premises, or any part thereof, becomes vested fn i person other than the MORTCAGOR, the MORTGAGEE, its successors and assig~s, may, without rsotice to ths MORTGACAR, deal wlth suth successor ot suaesson in interest with referenco to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitlaNng ~ or diuharging the Mortgagor's IlabiliCy hereunder or upon the debt hereby secured. No sale of the premtses hereby mortgaged pnd no fore- ~ bearante on tha part of the MORTGAGEE or its suceessors or assigns and no extension of the time for the payment Af the debt hereby setured given by the MORTGAGEE or iis successors or assigns, shall operate to release, discharge, modify, change or effeet the original Ilablifty of ~ the MORTGAGOR herein, either in whole or tn part, ~ • 11, It ts specifically agreed that time is of the essence of thts contract and that no wa(ver dr any obligation hereur?der or of ths ~ • ahligation secured hereby shaH at any t3me thereafter b~ heid to ba a waiver of the terms hareof ar of the instrument secured hereby. ~ ~ ~ IN WITNESS WHEP,EOF, the said MOi2TGAGOR has hereunto set his hand and seal~ha day and year f~rst aforesald. z Slgned, Sea)ed and delivered in presente of: ~ . • . ~ ; ' ~ ~ ` . - ' . _ . .__._...ISEAU ~ . . : : ~ ' . , . - ~ ~ ~ .._...i.P _-~`'-~~`-~----~(SENtJ , . ST E pF F • . r ~ , SS ~ ~~`~`J~' T ~ ~ - - ~ ~ . : ; . - . . , r ~ . ~~4'+~~~f~ ~ , r Noyel.Bond_._. . ana _ ~ -:*-~t i~•, ~i ra M. Bond ~ra, to me well knawn. snd known to me to b~ the i+~dlvldwla described !n ' ' .w~i r~r regoing instrurttent, and acknowfedged before me that they e~cecuted the same for the purposes thereln expressed. ~ : `L ~j ~'L ' • . Z ~ ,•1-.'1~~~~1~~:~~i'hand and official sesl this.___.__/.~~~.-- ---day of...._....-----.DECelilb@Y A. D. 19 . ~ ' •~w 1 f~ ? r . , - ~ ~ - . . ~ . .~•i~ , . ~ . . - - _ . ; . ~ ` . . . . . ' ' ' ' ' ' ~ " ".~'...~r ~otary Publlc in a fs i~ of Florl ,tt l.sr~e. . , ~ y commissi~n ex~ires: ~~p ~ = ~ ~ . . . . . . . - • . . . ~ ~~~1 fi~r - . - . . ; , . . _ . ~ . , . . . . ~ ~ : . . . • ; . ~ ~ ~ • . . . . . . ~j , ~ r~ . , ~ . ; ~ y z.. ~ ~ . . . , , ~..:i~l$~-3~ . - . ~ _ . , ~ o ..~I~.EO AND RECOftDED r'1 t . ; • „ .1 ~ ~ Q ~ ' 1:. . . ~ .z~ 4 . ~ . ~ M = . . ~ IN:~.~cia1l.--R~eca~30~K , ~ pq A ~ p . . . . . < . _ _ > c+ p r~ . , . . . ...,1:_~:: . Ov y ~ - - ~ ~ ~ ~ . : t ~ ~ ~964 DCC 23 AM I~: ~~9 ` ~ a~ ~ ~ w , i' ti~ ~ 4 ~ ~1~: ,!1/• ;;z: . ~ : ~ _ : ~ ~ , ; p - _ _ 'Q ~ ~ ~ : ROGER POITRAS, Cl~:(tK ~ - ,i . - E" o o,~.; . „~.r~? , o $T. IUCIE COUNIY, FIOftIDA o ~ _ , ~ , : `r . ! • ~ ~ . _ W Z ~ ~ p . . : pq ~ ~ = A u~~ ~r~• . . 4 ~ ~ f ~ - ~ Q r' ~ a t,.' . . . • ~M . ~ ~ ~ W Z O• ~~~~j`~ ~ r~ : • . ~ . ` , a t ~ .7i . t t p~ ~ J . 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