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Home My WebLink About2544-.. R 52 E4~() h LC .i21`~•'2';;l`;i:i,(1~l1:'Vi: tCiE.'ri~~~'i.V~~C~Ci.O£y~.~~yl~rl`; :_v.~ Of i.li~: i~~C@ ri1GOL1nL OI :,/::: 103.I1 ;;~:~r, includin.- regular II ~ , in t,n~r Deco loan ur_noipt~l _oaymeni.s ~~iittlout nen~lt;; and non- c~.t:°.u].~tive; a : ervic~ cii.r~;e of - is to be laid on additional :,_~tounts u_:id or if the loan is .~.id in fu11 during the 1st ::nd 2nd )-Dan yep( s; a ?;; ~er~•i ce c!.r3r ~ is to tie id on ;(dciti~nal ar.ounts :~Zid or ~.`_' laid in full during she jrd and 4~~ 1o~~n years; :~ 1.: S~~rV1Cf' Cli.ir..e 15 i0 pe raid On .:dditl:-oral ~•.I:ut1ri.S ~ :1Ci Or 1. raid in iUll CUr- 1ri ; Mlle ~~=- 10~.Ii y'~:•`~r'; n0 service Ci1~12'~,e fOr llre~ia~T,allt thf:2'eafLCr. l'rc>cntmrnt, protest, ar.d nuhce are hereby +vaived. l:;l .ti~~~ . yi;z:;TS--- --- - -t Seal) o':n .; . .i arras 1$`_ ,\Ji:~:~~~~Fi ~.-_~ru.LZ~.C. _ _ __ (Seal) xei~= ~ar.ce • arras - --- - - - - - -.. (Seal - - - - - - - - l Seal ) (:~tatc ut Fhirida d(nunu•ntaic stamps in th(• :unount n•quin•il by Lt++ art affi~(•d to the original of [hc torrgoing note and t:uicrlled pursuant to la+v.) :\nd shall duly, promptly and fully perform, discharge, excture, effect, complete and comply with and abide by (•ach and even the stipulation,, agreement, condition, and covenants of said prmnisson note anal of this mortgage. then this mortgage and the estate hereby created shall ccase• anal br null and +•oid. .And the ~lurtgagor covenants and agrees to :u,d +vitli t!te \lortgagee as fullo+vs: 1. To pay the p,inripal and interest and the +:u:ous and sundn suns of money payable by virtue of said prontis- snr+ note and this mortgage promptly ~:ar the da+~s th(• sane h.conie due an(1 Aortgagor +vill promptl}• perform and comply x+•ith each and ever} other rocen:uit and agree•n(•nr in said nr~:nisson~ note and mortgaKe. 2. To pay the taxes, assessments, levies, liahilitirs, uhligations and intunihrantes of every nature and knid no++ on said drsrribcd property, or that hereafter ntay br impn~ed, suftcred, plated, le+•ied or assesx•d thereon, or that here after ma+• he 1(•~ird or assessed upon this nx,rtga~(• or thc• indcbt(•dnc>s sctur(•,I hereby, +vh(•n due and payahl(• according to la++-, before thc+ hrcon,r delinquent, and h(•ture any interr,t attache, or an+' penalty is incurred, and insofar as am ther(•of is of record the same shall bc• promptly satisfied anal discharged of nroril and th(• original official da-unu•nt evidencing such satisfaction aril discharge shall he plat(•d in the h:ulds of said Mortgagee ++•ithin ten da}s next :Ifter payment. "1-he covenants and agrcenu•nts i,t this paragraph shall nut b(• applicable to the taxes and assessments which arc to he paid out ~ f the funds deposited ++•ith the \iortgagce unless hereinafter set forth. 3. To keep fire ,improcen,ents no++- existing or hereafter rr(•ctrd . Ii the murtgage(1 property' insured against loss by fire and other hazards, casualties :Ind tuntingencic<. including +var damage ++•henrver required h>• the ~Ioitgagce. in sorb :unount=. and for such pericxls as m+ he n•q;aired by ~Inrt~gee. :\I1 insurance shall br carried in companies approved h+' Mort; ag(•e and th(• polities aril rene+vals thereof shall be held by \lortkagce and have attached thereto standard niortgagce• cl:ulscs in favor nt and in form arccptahle to the Jlortgagre. Ire event of loss 1ortgagor will give immediate notice by mail to ~Iortgagrr, anal \lortgagee may make proof of looms if not made promptly b~ \lurt{;a;;or. and rash insurance tun~p::ny concerned is hereby authorized and directed to make payment for sorb los• i;ire•ttly [o Mort~~agee instead of to Mortgagor anal \lortg::;,cc iointl~:. and [he insurance prrxceds, or any part there- of, may be applied by .llortgaKce at its option (•ither to the reduction of the indebtedness hereby secured or to the rr~n,ruion ur re{lair of th(• propert+ dania~cd. In (•vcnt of fon•tlosure of This mortkagc or other transfer of title to the nuntgaged property in cxtinguishnx•nt of the indrhtedne•ss secured hcrrh+-, all right, title and interest of the \lort- ~:,gnr in and to :uty inwruicr polities then in forte shall pass to the purchaser er granR•c. -1. "1•u peanut, to'nnlit, ur softer no +l':1stC, Iiilp3irlttell[ or dctcrtonttion of saui property' or any part thereof. Ira the event of the failure of the \lortgagor to keep the buildings on said premises and those to he erected on said premises, ur iniproccnx-nts thereon, in good repair, the \lurtgage(• may make such repair.; as in his discretion hr may deem ncrc..;ry fur the proper presen~ation thereof and the firll amount of (•ath and every such payment shall hr IllllnCdlatelC due and payable, and shall he scrure•d b~• the lien of chi; nx,rtg:igc. i. "1'u pay all and singular the costs, charges and experses, including reasonable atrorncy•s fees, cost of abstracts of title and title searches incurred or paid at any time by the Mortgagee because of the failure on the part of the \lort- gago: promptly and fully to perform the agreements and covenants of said note and this mortgage, and said costs, charges and expenses sha}I be immediately due and payable and shall he secured by the lien of this mortgage, and such cxpenditures shall dra+v interest at the rate of eight per centum per annum. o. "l~hat (a) in the ev(•nt of any breach of this mortgage or default on the part of the Mortgagor, or (b) in th(• event of said sums of money herein referred to be not promptly' and full}' paid without demand or nonce, or (c) in the e+•ent the stipulations, agreements, conditions and covenants of said note and this mortgage are not duly, promptl}•, and fully performed, then in either or an+• such event, the slid aggregate soot mentioned in said note then remaining unpaid, ~+•ich interest accrued to that time, and all moneys secured hereby, shall i~ecome due and payable forthwith, or thereafter, at the option of said :Mortgagee, as fully and completely as if all of the said sums of mone}• +vere originally stipulated to be paid on such day, anything in said note or in this mortgage to the contrary notwithstanding; and thereupon or thereafter, at the option of said Mortgagee, +vit~tout notice or demand, salt a[ law or ui equity, may he prosecuted as if all moneys secured hereby had matured prior to its institution. 7. Thellortgager may, at anytime while a suit is pending to fareclose or to reform this mortgage, or to enfarce anv claims arising }:ercunder, apply to the court ha+•ing iurisdiction therof for the appointment of a receiver, and such court shall forthwith appoint a receiver of the premises and all other property covered hereby, including all and sinf~tilar the income, profits, rents, issues and revenues from ++•hatever source derived, and such receiver shall have a!1 the broad and effective functions and po+vrrs in anywise entrusted by a court to a receiver, and such appointment shall be made by sorb tour[ as an admitted equity' and a matter of absolute right to said illortgagee, and +vithout reference to the adequacy' or inadequacy of the value of the property' mortgaged or to the solvency or insolvency of said ~lort- gagor or the defendants, anct such income, profits, rents, issues and reeent:es shall be applied by such receiver according to the lira of this mortgage and the {~ractite of such courr- R. "I•he .1ortgagor +vill give immediate notice by mail to the :Mortgagee of any conveyance, transfer or change of o+~: ncr;hip of the premises or any property covered hereby.