HomeMy WebLinkAbout1776
-
,)OllC'f Of ~licies said MORTGAGEE s'~1I Nve the option to receive .nd -wly tr'e ~)"W 'On ;OCC)Unl at th!! indebloMneu se.::u:ed hereby or to
permit s.id MORTCAGORS to receive ~ use It or ~ plIrt thereof f()f' other pu.pos.n withcuI thereby w.ivinc or impllirina any equity.
lien 0. .ilht under or by virtue of this Mortpae; and In the _t uid MORTGAGORS shill to. any felSOl'l f.i1 to keet>> the ~id premises
so insured, or fail to deliver promptly any of uid policies of Insur__ to uid MORTGAGEE. or fail promptly to plIy fully any premium therefor,
or in W1y respect f.i1 to perform. ditehlr... ~. eff.ct. complete. comply with and ebIde by this c_t. Of ~ plIrt heteof. uid MORT.
GAGEE rnly place and PlY tor such IntUrln:ll or any pert thef'eof without _Ivlnl Of 3lffectinl any option. lien. equity. Of rllht under Of by
virtue of this ~. and the full _t of MCh and -V IUCh payment shill be imrnedlltely due and payable end shill belr I"t_t
from the date thereof unltl paid at the r." of IIx and six-"'" per cent per annum .nd lOIIthM with such Int_t shall be Sf'CUled by the
Ii,", ot this mortpte.
... To pemMt. commit Of IUffer no _... l~h'lMnt Of deterioration of uid property Of any part theteof.
5. It Is hereby specifiully alreed that any sum Of sums which rnlY be l::>aned or advanced by the Mort..1ft to the MortplOr at an1
time after the recordin. of this inden:ure. totether with Interest ttwr.on .t the r.te llreed upon at the time of such loan Of advance. shill be
equAlly secured with and have the _ priority as the orlllNI Indebtedness. ~ be subject to all the terms and provisions of this mortl...;
Provided. tNt the .11~.te llmOW'lt of principal outstandinl .t any time shall not exceed an .mount equal to one hundred .nd fifty per cent
llSO"') of the principal amount orlalnllilly MCUI'ed herq.
6. To pay .11 and Ii""'.... the ~. char... and expenMS, Includinc . reasonable .ttorney's fee and coats of abstract of title in-
curred Of paid .t any time by said MORTGAGEE *- Of In the .-rt of the failure on the part of the said MORTGAGOR to duly. promptly
end fully perform, discNr... -.cute. effect. complete. comply with .nd Ilbide by NCh and every the stipu"tlons., .Ireernents. conditions
and covenants of uid promiaory note and this mortpee eny Of either. ~ said costs. cha,... and ~ each end -V. shalt be
immediately due .nd payllble; whether or not there be notice. demand. .ttempt to collect Of suit pendln.; and the full .mount of each ~
every such paY"*'t shalt bMr Interest from .... de.. thet'eof until paid .t the r.te of six and six-tenths per centum per .nnum; .nd .11 said
costs. charps end expenses so incurred Of paid. toaethM with such Interest. shall be secured by the lien of this mortp...
- ,
7. That U1) In the event of errf breach of this Mor1pIe ." def.ult on the part of the MORTGAGOR, or (b) In the awnt ~ny of said
sums of money herein referred to be not promptly and fully paid within thirty (30) days next .fter the same severally become due and payable,
without dernlnd or notiu. or (c) In the event NCh .nd every the stipul.tions, ....eements. conditions end cowenants of said promissory note
and this mortP.. any Of e1thet- .,. not duly. promptly and fully perfcnned. discha,.,ed. executed, effected. completed complied with and
.bided by. then In either or any such _to the uid .SI,.,.te sum mentioned In uld promissory note then remainlnl unpaid. with interest
KCrued, .nd .11 moneys secured '*-by. shall become due and payable forthwith. Of thereafter, .t the option of uld MORTCACEE. as fully
and completely as If .11 of the said sums of money __ orllinelly ltipu..ted to be paid on such day, .nythlr.. In said promissory note Of In
this Mortlale to the contraIV not wlthst.ndin.; and thereupon or there.fter .t the option of uid MORTGAGEE. without notice or defnand,
suit at ..w or in equity, rnly be prosecuted as if all monies secured hereby had rnltured prior to Its institution.
8. That in the awnt that at the bellnnlna of or at any time ~inl Mty suit upon this Mort..... Of to foreclose It. Of to reform
it. or to enforce payment of any cl./ms herewlder. said MORTGAGEE stull apply to the Court havinl jurisdiction thereof for the .ppoIntment
of a Receiver. such Court shill forthwith appoint . Receiver. of uid mortpged property .11 end Ii"","r. Indudi", all and sl"",lar the
income. profits. issues .nd revenues from whIltever source derived. each and every of which. It beinfl ext)ressly understood. Is hereby mort.
g.aged .s if ll)eCtifially set forth .nd described In the lranti"l and habendum clauses hereof. and such Receiver shall have .11 the broad and
effective functions ~nd powers in .nywise entrusted by . Court to. Receiver, and such .ppointment shall be made by such Court lIS an
admitted equity and . matter of .bsolute rllht io said MORTCAGEE. .nd without reference to the adeQuKy or inadeQuKy of the value of the
property mortpged or to the solvency .or Insolvency of said MORTGAGOR or the defendants, and that such rents. profits, incomes. I~
and revenues shall be applied by such Receiver lICCOrdinl to the lien or equity of uid MORTGAGEE .nd the practice of'such Court.
9. To duly. promptly end fully perform. discharl_. execute, effect. complete comply with .nd abide by each and every the stipu-
I.tions. .I~ts. conditions and COYeNlnts In said promissory note and in thl, mort..lle set forth.
10. That In the _t the ownership of the mortPIed premises. Of .ny pan tne.eof. becomes vested In . person other tNn the
MORTGAGOR. the MORTGAGEE. its successors and aWIN. may. without notice to the ~ORTGAGOR. <tnl with such successor or successors
in Interest with reference to this mortple and the debt hereby secured in the same manner lIS with MortP,Of without In any -V vitlatl".
Of discha...ina the MortaaIor', liability hereunder Of '4)Or'I the debt hMeby secured. No ule of the premi_ hereby mortp.ed .nd no fore-
bearance on the part of the MORTGAGEE tw its successors Of a_am .nd no extension of the time for the plIyment of the debt hereby secured
liven by the MORTGAGEE Of Its successors or assIlflS. shill operate to release. discNrae, modify. chin.. Of effect the orlllnel 1I.tMllty of
the MORTGAGOR herein. either In whole or In plIrt.
11. It Is specifically alreed that time I' of the ~ of this contract and tNt no _iver or any obllption hereunder or of the
obllption secured hereby shall .t .ny time thereafter be held to be . _Iver of the terms hMeof Of of the instrument secured hMeby.
IN WITNESS WHEREOF. the uld MORTGAGOR Nt hereunto let his Iwnd .nd _I the day and v-ar first .foresaid.
Slanad. Sealed and delivered In pi_ie>> of:
~~...
A~J~~~~JI.Al. J:i?~
~ }
COUNTY &n ..lndian.lliv.er __ ss.
~~k
Before me personally appeared ... E~WjlrduB. Trau.b n .. .'m __.. .nd
___.__mg~h~_L~~_.J~r_~~b_._ ___ _. n.._ ._ .....n.__..__ hit wife. to me _II known. and known to me to be the indivicbls described In
and who IMCUted the forwcoI"I Instrument. and acknowIedpd before me tNt they executed the ume for the purposes therein expressed..
1 .~~.i _ .. day of... __._ l\!ly. mo.. ... . ._.. __ _n __ '.__n.' A. D. 19 ~l.
~~_....-
Notary PublIc In and for the St.te of FIorIde .. La.....
My comrni~ ..rw: ~. I i-it, J..
wtrNESS ~ hand and offIclal _I this n_
0.." ,".it::" .IJ.:.....J;. .
,".'0\ ...-J.~t.. ''-~....-:~...
. ..' .........:1..'. '.;.' . '-....
:'):>-" .' ,"':<;:\.'
.,) .II .....::. ....* :'
)~~;;.~.ftf\:>:~~L;
~:. . u-li ,,\\\. "
~ "11..'\\ .:'.'
Q .
r.1
~
~
~
e-e
=
. Q..
=
e
,~
.,~
A'
.~
~
'~
96973
FILED M~O f}f:COROEO
I~J ft~~~~~~!AJODK
::E
I~ nUG -2 tt\1~: 14 <f)
Gi!S)-
RO'E:~POrn\As.. :l~:.K ::t: ~
Sl.lUCI~-C~~~,~:~.~:~ ~ i
....' .' \.. " 0..'
,i;:'~J~".'~-"";'~i, .
.;..,~ .....".'.')...,:.. .:.. i
. 'J .."~\~ti- ~.. ".''-.
. C) ..';.',; "_....~ ~ 'I '
: ~.:..': ~~ r~~~ .~~~.. \ 6 .~ > '.
.~!- :.~;.~.:.::;~~.: 0.;..':'
:_:".,' :1"",<1: '.~:
.. -.: ? '. ~ ". '~4 ",. J . OJ -' ,
, h V '..,p\~i'~'! i<; i; ...
'. -"/;;:'!~ .....'~Jft:~:'"'~.~;~ .!-~,
..............) ......~~...... ,V,"""'.
..'."I\"".~,..w- ~1 r..,,,-:'" ~
" '#., "f.,,~,\'\~,f:.
:J:
~
=
~
~
~ ~
= C
~ -I
i~ i ti
:II@~
~ ..
Q 0
...: -
ill =
~78
~
~
~
!'~
.