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HomeMy WebLinkAbout0337 II II II 11II .-. O. i, A 8 (l'}9 %Jl .1. PmJvl., \ L',1r\;:- r:'''\iq, FP Ami the lIlIid ~ ..... ...... .......&. pI'Oi1lU!6. aDd acne to au 'Irlth t.'ul .id mortpa- " follOWI: . FlR.8T: Tb&t Aid ~ wU1 piA] to .w .~ the ncn. 01" OOllptkm Mrei:JtM!on refllrNld to and the lndebted- and tnter..- .,.ideDCed ~,. awl all atlMl' .wu HCud Mreby, ~ and ~U1, prmnptly Upvtl the lU<1' respectively the auaa ~J beefIIM due: &ad will 4iu1y promptl7 aM fu.11y ~;tl1 'VItn. keev imd perform 1111 I.h~ l':'Ovonarta ane.: ...........n.. ill l&id Mt. 01' obilptWa u4 lD ihia mo~ In manner and form u Ulereln .t out; ana 'Iflll oot ronuJlit or Ider lUlJ 1Itrip. Ulip.a.irmellt., cktnio...tbn 01' 'Cl'Nt.e of !lAid mottcaP<! pl'operq. and will pay all WIlla, e~~ ahetrut f-. an4 upe_, includina attorfMlY's f-. wbieh \he -rtcar- may incur in roller.ti:lf t.ny sum he~b,. ~ in SD1~ &U7 CO'NDUIt.s bs!"8in contained 01' in protectinc tb.., mortaaeee'. 1Il:;cul'ity. wnether by wit cr othanrioe. SECOND: So 1_. .. &nJ' of tb$ !clebtecbr.. berebJ MCUred ah&1l remain ouuu.nding and unpaid. the mortgagor agnlt'lll to keep 113 full fo~ ~ elfect that zertain poliq 01' &tOIletes of liIe ilUuranee ilUlued by the moTta-gee Ilnd Anignt>d to the mortaaaee .. wllateral Ml:UritJ for tM ~f1Dttnt of the indebbldneu llIlCured hereby ane! to keep "idlroperty and !mproV_lentlll in good condlr.ion and repair. to pormit the mort.cal'" to enter upon and imlperl saiJ mof'4:a;-e property, to Pi"1>l11ptly aud tai1ibfuU7 compb with and ., rJ.t laws, rw. ..nd orden of every duly con~tituted govel'nmental. authority, and to poly .. the ...__ bclcorntl due and payabl. all tax._ and ~nts and othlr chaTf;lt8 that may be I. vied ur A~ upon "I' sca1n!1t u.. .aid property. or ,,:hie~ ~y be im~ upon the mortpi'ee in Florida hy M1A1J()!l of this mortgage invutment., w opoll tM mortcace 01' obhpboll .eeoaapanyuC the IU.... or the debt hereby ~un>d, U will.! u any ~p@Clftc mortcqe tax.1'I()1f OT het'\l&fte.r lmpoMd 91 law in Florida upon u.id obliption OT thia m<rrtgnce, prorided that .hould it.. amoUnt Gl'C=-' ~Ilta and clher ~~ paid fM the mortcape l,tnder tht. parAlfI'aph ~ther with the inteteat on the inPe uceeO the hi,ba.t Intereet ute penraitwd bylaw on the IndebW<b\-. m-~rtp.I'Ol' IIh&lI not be liable to paJ -J 01'" dCIIU O'f'ttt t.\e II.~ \ee'Itlratlt; aDd &bo to P&7 all omr debta, ob.\iption. 01' claiJD8 tn..t may become liena ~ ofeltar.. a,rsUD$t Mid pl"OpertJ, wheUwJl' for npain 01' for imprcYfllDleDU that sn now. at that may berutt.e.r he m&Of UMreoft. ... otbanri... ud not to pel'1'Jlit any lien to acenll arid t'tIDUIoin on ...id propertJ or any part thereof, 01' on tN im~. toll upon U. ...-. .tlieh airat take p~nee emu' the li_ of thia lUOrtpc'e. aDd t-O depoeit. 'WIth tb8 '~ -..n J'4Klaipta or c4her _tWaetOr':Y GYid1mee of tOe P6Y1M'llt of ~ ___anta. charpa, eIa-imu and liena o.f f1IIfItJ naaar. -.Jreetiq 01' wb.idl ...,. dect tIte .bon c!eleribed PI'Ol*V or any pIII"t tlMnof. TBlRD: \Jpaa the faUure by the moI'tppI' tc;, pa: _7 o! .aid t&xet or ..1M_uta M the same become due 8.Dd parable, en' the paua.p b)' the Stat. of uy law baPoeing payment of the whole 1)1' any portion of any of the tuN or en..... aforenici upon the 1l!lO~ 01' _ UpoD the renlMr1ne by. &nf Court of laIIt raII<lrt of a decision that Iln undertaldnc by the mo~ .. herem prcm-d4ld to pay tax... ~ta 01' eharaa, .. a!oreaaid. ia 1~p1l7 iM~rati". 01' in the eveDt 01. the ~ of an, State or Jl'edGral la.... dedueting from the vatu'! of landa for the purpoM of t..u&Uon an, lien thlilr8Oll. or chan4ina in anI _, the laws for the taxaticn ot mo~ or debt.t MCu.red by mort- 1&&', or the m'UUlm" of the eo1ledion of allY .ucll ~.. ~ as tG prej\ldi~ or atreet tht. mortc&l'8, then and In any .ueb fmtnt t!le 4ebt he""', ~ without ct.d\l~on. ahall, at the Oiltion of the m-o~. beoorne immediaU1y due .nd- cdledible. notwitMtandina anJthins contained iD thia mortcace or any law b4lretofOl'fl or he.....fieT enacted. 01' aD7 judicial deeiaion heretofore 01' hereafter rcDcIered. FOURTH: 1'1:.41~' be-rem farther ~ to k..rp tM tmpro'NlUentll upon the mort.caged property huured splnr. !OM b, ftre with' extended eoftJ'..... and it nlqulred. WlU Gs.ma.,e to the en.nt aVllilAblol in neh insurance t'Om- panies and ill. .uch &mOo.Inta u may be ..tiafaetorr to the DIOrtcaP<. and to Cl.ll" . New York or other .tan~a.-d JnOrt- PI" dauae satirdadory. to th....-mortp.pe. to t:IIfI .~ to auc:h pdici.. and aU payment. thereunder sh.ll be mad. to the MOle order of the mo~ u ita Inte..- mar appeal': aDd at till! option of the mort.ara4"J6. any proceed. of in.unnee paid to jt ..,. be at~lild b1 the mortrac- to the coR, in whole 01' in part, of rest.orine or repairin&r IU17 dama~ done b1 fire or dther rd. or the m-orta'&eM :may ""In thf; same and apply it In whole or in part. at ita di&Crt'tlon, to the ;;Auction of the >Dort.eace debt.. In. the ....n of loq the mort....... 18 authortMd and empowered to JettJo or e-'>Il\prontiH daima undM- pid poUci.. but is not ob.\ipwd to do ao. FiFTH: Thill mortp,pr alIIo acreea to deliver w tho mo~ all poHcltlll \:If tnllu!'an~ with flvideroee at premium preptJd (~al potieiea to be de1lnred not 1_ than t.tm dIl,.. prior to the rtllpeetive d&tee of expiration), and'..u aMt.r&da of. title and title ~rantee policl., all of whicl\ .hsll be held by tM mortpcee without liabilit71 and in the event of foreclosttNl of tins mo~ Oll" ttAnaflJ!' 01 title to the InO~ propert)t in extinguishment oI Aid indeb~ ah&l1 become t.b. ab.olute property of m.ortpa-ee. SIXTH: And in the event tb4!i mort.capr fails to repair or ilUlure &aid property or to deH"l' the (X\licies. {iremiul'll-lt paid, Il.S h4rein a,-reed. or to pay ... tho, .me become due ~d payable the tu:t'5, Ullenmenta or char~lI whicn mllY be U6e5Hd or impoNd ilUl &!or-eaaid, 0'1 the HenlI or clahna -.bieh MSlY accrue on I-&id property, the mort.gllg-ctl ia ttereb;y authoriuc! at ita election to npair ...Id proPErlY and ptt.)' for fte eollt of lIlueh npaln, to in!\ur~ said property IIlnd pay the CQ8t of luch insurance. and ,,110 to pay did ta~, chanre-, lienl amd claims. or any part thel'fl(',f. wlth(.ut said !!lert- pgee wllivin<< t1:$ Meht of foTleclocure or any other right hereunder. and the mortgalror hereby agre~ to refund on deJlU\na the lI>JID or aunu 110 paid, with inte'l"'Mt thereon at the n.l:e of eight pel' centum per annum, and an, and all costa, l'harg!:l!., ..b8t.rad feel!, att,O)mey'ilI f_ .nO o;I;her dp4:!nMlI iDeurred in att...mptinar to coilect th'i! I'\ame or enforce payment theroo1. and this nroti.care .hall stand.... leC'.l.rltJ therefor; and any ilIuch Bum 01' IlU!Wl 110 paid shan bt:tcomf\ a p!irt of the indebtedneM hereby ~ 8EYK1"iTB: And the m.ortsa~ Go.. h<<ehy m9rtp~, tnnotsr, Nt onT and l!lSlIign unU; the mortgage.! At addi" tior...l security for the payment ..I aid mo~ indebt.ed~ all of the rel1u, tuues., income :9.r.d proflt3 from the above de-l<,Tibed property. lit..""",. ~rinc Alld- cnntinCv:mo tho DIOl"~ Go ftnt and prior lien thereon, and the nwrtgagor does hereby transier, Ht 0"1::t', &Mien, 1nd pledp w the mortgaC" fon l~ now or he~a:ftu pl.ilCf!d upon "id mort- pged properly I'll' any part thereof and do MNlby e<JVlllnant and aJ'Tee thl!\t, in th. e~ent of II default. under- any of the ~(''<enllnU and pl"l)'fi~ion9 of t...'1i. mortgaJrtl, Uwi rno~ ill hf!1'eby authori:r.ed and empowered to collect a;:d r~;.:ei.e all aue):. N'..utll, lUUIIo$, ineGtM .":\4 profits 41Mi and to bee>:Jrntl d\,lC from any aclld all ten...nb using- ';)1" oc~upyinil 8l.I.id property. or any put thereof. and to appb the ume Afolinst the defaulted paymtlnt&. So long aa there .ha.U be no de!auit hue.- under, the mortpl'Or m.n have the n..-ht to Collect, NC~i," ana UN, wit:..out &crol1ntin& to t~ :mo~lfelI. any and aU weh nett., ~ aM prottlII Mrl,..Q anci to b& Mriftd fNm aU.p~. ElGHTR: But if the ~r ..-..1. fail to p., OY _OM kllM paid &1'\1 .umlll 0: priZlei~ or inte.r5t mentioned in Mid .00l.tkm. aeoordiq to t.M Ut'tDlll th~f, ud RdI. d~~t "JODtinne tor a period. of Unrty day" or lIhatl tall to \a.ep any poIiq of W. iuJlnmee WI All eotllMienJ heNto m full foree ec! ~ed., or in e&M of ';;he ~tu~ <;r thif.oJltened ~ltWri or ~ of an, boUcUnl' ~ 1JfiOIi ai4 ~ (jIf hI t&. not tMt the mortpgo!' .1':...11 f.a ~ pay MId taMI 1,)'1' ....talRWml:s rn' aiel p...uums of UlSlttaMe ... Ute ... Iib.dl ~)' ~ due ..nd. ,.,)'1W!.e, Without ~nd or notiee. M fail t.;)- perlOm'l any !>tboetl' a.d or: W>>c in -.id note or beNin Nquim of or I!.~ by ..id Inon- p(It01' tl!I De eon.. ~ e.ntiN i~ ~ ~ Sbali ~!'eQpon beooo1M due and JWly1i.ble and thill mot'tp..p .uhj~t to fol'tllcl~ ai th~ optiOl1 f4. tM m~ :MINt1l: hl ea.M thlill ~ be to~ ~ " suit i~ eqllity 8.lid the morl.gag'ed PrmUl!Ii)tI 00 l'Old tt, IiAtid'y II d.sc.~ o.t t6reeiO!l..n'~. thfl p~ of such taM man be. appHod u foUoWIJ: FirM, !.o the upenlN<$ in~rNd hel"lunli'iU'l 1nt:l~ .. ~ ~'8 ffIIfI fer sads ~ &It .., be ~rr 1ar.. tMcoUection oS.. u.id ind~n_ll aM tM fo~un IJ.f th~ mmic4&'O; IetQftd. t.e. the pa:yment of whA~ sum or JI\WU t.h$ mortp.pil tuy h.....e pai& or b~"(jtl"k!h.l,bJ. ~ I'll"" ia e.t!")1~Qut dM te1"'.Ni aM liItiptdatiQnS ef. thi. m~, topth-e:r with 11'lt<f.?e!Iit thef'floIll!; 111M i)",.;;y w b~ J...yn_t !11M. 1W.i>ililf!lH,ti~,l'\ "'! ~h1 r;;;>U; Th>i'. ~f,.nl:.."jf lI>;'I}', I\h1',1I, uni"SiiI thll C-ourt dect~ ()t.~~l"wi8"., bQ raid ~nt(l Uw na:illt<.', of tilA Co1.!nha.'t1ng j.U'isdicti-\>>l of. aid !O~t""1.I.l"ll I'iU~t, 1:':'1 &b\~ \..bib f",rJ:ll!r o1'd." 0'1. 1.l&ici C(J;;,n.. , ~"'''H: The rnorllI2\Pl' ~b? ~.i~ aU right of "~18d r.nd 6'.t6mpt!0l'l4 l.l~r thf' ~rtr.;titutl!)f; :.nd LaW'll,01 'ltiY1dlll. ; !l.lld .fIT~ t;h&t Uta nolAl m- obi~ htrnlllhcf~ ~\.lM l1<!ld tMI mo.~l'P Ilf"i'l to ~ 'Jnll@t.ru.ed ~~'cIlN'hq W the ~ft 01 th.t StJ,te of. P'lorl1h. "'~.N th<a 8lUti ,," ex~dted. ELEVE.'TH: 'l'ut" In. tb. :a~t that ""t tM ~:l':Iine of 0;Ii'. at &tlIyU/.lWI pwul.i,ng j.ny 1I1l1? upon tbis; m{ftrtpfS' o't W .to~l!rM \~ or ~ maria It. and!~ U< on!~ ~t of. an? eiaUl'l$ !-,.n;~ndAr, Mtd uw~ Ilhdl .,pJ,,< hl tU>l ...011<1; 64i\r..1l# j\11r~ tiktNOt __ tM ~t or !It ~~, tro(:h eGiirt ~ torta~ itppoint " ~!~,. ,,1' e.ald tlWrt~ Pt'o~1 .It and si!1gu14l'. ineludiae all and iGntrmr th0 ifQtll1 in~, pmt\ts, ll!4ue1! end n:venl.lfl'" it-QUI -wnatlavtt fOU.~ tkrl-a. <'lfteh u4 /fJWry cd ..melt iA ~ w~ l!.& i.f mpoecilcNl)- let forth lI.nd ~'7a',M in thif .Wftnti.... i>W w.~lI<m ell\ltlMll k~!, IllM ~,h ~I'WI' i1h&U !-v~~ all th* br~d and eft'*ctin !nr:.etions and powenl jil1; t1.q' ~ ~tt~ bf !ll ~ W 8 nl(lIfi...,.., &.ad llI'!:.eh If,~pc>>ntwrot .b~.oo ma~ by Ilu(:h ~url U Ii-::!. admitUd il'q\lity .u4 1& BUiU-et r4 ~ ript to Mid ~, ~ withum ~~ t.o ~ a~~ .~ hmdequf,;,ey of thi!nlua .01 Ule. p!'~rt)" ~ @t' t.;! toM eolvenq or inri~ of \'Mmi ~ "nQ.I~J' ~ tM 4-;1/1fndaf;Uo-, &~d. that r,J~h ~ :pt.'" Ui~. f~a.aa ~~.nAil hlt ..,ptiri b11~ ~W?IJ a.t'{'Jlmimg t.' th. 11M &I1Q/or ~c.,t1 of S&t,~ ~tj;~ aM! t!re 9n>tiit!l!l ~r ~h ~, . ~F'fIIt T'aot tba morl~ lM.y ~~ I.w .-h f>tmlli~ti;:m., O'l'lWflio, M It rosy ~-ail"'J, 1M')' pcrtkn d .11. ~t\ ~~ la.-ntl -wi~, &it ttli ~ fiI.'.n&inO>>l' -:tl tblIIl ~ib',it;. INll..'IIl"! 'llri5l ~... '.. ...:r afi'e-<:tlng l:.lH' li~:n 1I.!lc. J.ll'iGdtiK ~ pf'O'f~ fA th4 ~ comJ,m.r$d #;Kb Uiy ~~. ,i.; - "'" .-