HomeMy WebLinkAbout2611 - •
To~tbar with all and~l~r tM taamaib. ~~ta~b. e~semeu~s s~Ad R~p~nances therennto belon~ins or
• in an~wIse a~'~ez4ininl. aAd tbe re~ls. issaes, inooaie. re~enw snd l~ofib t6ereoi. and also all tbe atste. ritbt, tlt1A
interest snd 1 elaim snd demsnd whatwa~er. as well iu Lw u in eqnitp. oi the aaW partia oi the lint part and ea~b oi .
tbem ia snd to Lhe ss~ne. and ~ry P~'~ ~ P~ witb the sPPnrtena~e~.
~Qo ~~D ~o ~ tha sbo~ne ~snted and daeribed proPertiea ~nd Pr~mise+ anto t1~e s:id parties at th~
saoond part aad tbeir 1eaa1 represeatatiMes lore~er. '
~ c~U6wt~s, and theas pre~eab ~rs on tbis ~sPress eonditiwy tbat it pW parties a~ tbs flrst parl, or tbeir
1eaal zepreaentati~es. ahall well aad ~nty pa> >mto tbe said pasties oi tbe ~ewnd part. or tbeir lesal rep~reseatati~es. t6~
aaid moae7s mentioned in ssid promiswn notes. and tba iaterest tbereon aad on an~ e:tensions or renewab thereof. as
o tha7 sball beeome dae. u~ordit~ to tbe trns inteat aad mea~in8 tha~oi. to~et~r with all ooab, ebarses and ezpenses.
ineludius reasonsble attorne~'s i~s. whieh the ssid parties oi tDe seoon~ ma~ iaent or be pot to in eollect3n8 tbe
~ a~me ~?nsd sball P~dora~ all otber eo~enants oi this mo:tgaae and tba notla ~ secn:'ed. tbea tbeee presents snd tbe es-
. tate fierb~ Rranted shall oease. determine snd be absolnt~elyeall snd void.
. ~ tbe said parties o~ tbs Snt pwrt, fa~r t6pnael~as and their letsl reP~'~st+?a~a. ~Ofnv7 ~ se~reraU~ eo~-
aant and- s~ree to and wit6 tDe said parties oi the seeond P~~. aAd tbei~r le~sl rapreaentati~es. t6st at tbe time oi the
ensealing aud delirer~r oi t~hesa pres~nts tbe~ ars we11 aeizedof s~idpro
pertta and/or premisea in fee simple and ba~?e
~ood ri~ht. inll power and Lwfal st~thoritf to araA~ basgain and sell the same in manner aud form aforessid; that tLe aame
arc iree and elear oi aU liena and inenmbranees wbatsoever. and thst the~ will forener proteet snd detend the same s8stnst
all Lwinl elaims. and that tbey hereb~ inU~r warrant thetitle to ssid properlies and/or premises and will defead the
a~me s8+~~ the Lwinl elaims oi all persons wbomsoc~ar: tbat the~ will P~~~. eommit or suffer no ~raste ~nd will
kcep all tbe improrements in as sood eonditton as t6e~ twwue. and will do or permit to be done to said propertiea and/or
premises nothin6 tbat mal? in ar~7 ws~ ia~prir or wal~en thesecurih? nnder tbia mort6+~e: tlu~t t6e~ wiU ps~ vnto tbe
partiea of tbe seoond part. or their lesal representsti~es.tbe said promissor~ notes. and the interest thereon and on
any eztensions or r~ewals there~f. as they sLaU beoeme dueand pai~able. inelndint interest on past due interest at ten
per centnm per annnm irom dae dste w?tilpu d. toeetber wit~all cosb. ehir~es. aDstract ieea and exPenaes. incladin8 a~
torney~s fees. whieh t6e said parties ot t6e seeond past, os their legal zepresentat[vea. msy be pnt to or incnr in collect-
ing t~e aame; tbat the aaid parties a~ tha tirst part wIU. in dne seaaAa, and bdore delinqnent and before any penalty
attsches os any interest ~aecrnes, p~~ all ts~ces. assessmentasnd cbartes whkh ms~ be le~ied or asaessed npon the said
property nntil the indebtedneas doresaid sball be paid; andwill keep said properties and/or W baitdings t6at may. at
any time. be oa said premises d~ ths eontiunanee of aaid iadebtedness. ia ~ood aad tirst.cLss aondition and/or sepair
~ end insnred in anch iorm and in s eompan~ or oompsniaas the said parties oi tbe seeond par~ or their leaal repre-
aentatires, msy sppro~e, for at least •
......._..........t.he_.fiill..ins.llx'ab1~.~.1C81a1~...~h~7r~4~..__....~......_._.._.. . . ~
. against fire, atorm, winds, iloods. thett, pestilenoe and otl~etdisasten !or ths beaetit oi t6e said parties oi t6e secoad
part, or tLeir legsl repreaentstives. aad will assisn snd ddiver, with tLs pzoper oonseat oi tbe insuren. the policq or
policies oi insurance to said partiea of the sceord pnr~~rtheir legal repseseatati~iea. as farther aecnrity for t6e in-
debtedness doreaaid. and that the uid parties oi t6e tpart, oz their le~al rapzesentsti~es. will promptly satisfy.
pay snd diaeharge any and ~11 mechanies and material men'eand aU other liens, snd any and all judgment~ and decsees
whieh maq beoome liena or chsrges npon the properties andbr premises above desesiDed.
~ itt ~au ot the . sefassl or ne6lect of tbe said parties of the lint part, or their legal sepresentatives. to
thua npair and/or insure, or to assian or deli~er the polic~ or pollcies oi iasurance, or to psy tues. asseaaments or
ehargea. or to satiafy and diachsrge the liens. jndgments oi decrees abone mentioned. or to deli~er receipts for said pay
ments w6en so requested. tbe ssid parties oi t6e .second p~ri or their legal rrpraentatives, nu~~ st their option. make ancb
rep~in, procure such insurance or pay sneh aasess~nb or chsrg~es. or ps aad disc6arge sneh liens. judgments
or deenes. and it sball not be obligatory ior the putiea oiWe second patt, or ~ legal repnaentatives, to inqoire
into t6e ~aliditr of ta~[ asseasments, taz deeds or apecisl a~essmeqts. or oi sales nnder aneb tu or special aasaaments.
or to inyuire into the validity of liens oi mechaniea or mateial men, or into the aecessity of sach sepairs. ia advancing
' . moneys in that be6ali u abo~e anthorised. bnt nothina herdn contsined ahall be conatrned us reqniring the said guties
~ oi tbe seeond part, or their legal representatives, to advsna or expend inone~ ior taxes or specisl assessmenb or for
( other pnrpwes doresaid. All moneys thns paid ah~li dnw interest at ihe nte oi ten per centam per annnm. and, to-
gether with all reasonsble attorney'a tses, oost~, ebarSa,sbtraet lees snd acpenses for foseelosnre or other proceed-
~ ings, sball be repaid to the P~~ of tbe second pert. ort6eir le=al tepreseatatives. on demaad; ~nd absll become
so mnch additlonal indebtedness seenred M~~~+~ Psid o~rt oi the proeeeds oi the sale oi the mortgaged
~ - os
~ei~r
k~sl re
aPraenL~~s. aboold be foreelosed.and i! not otLerwise paid b~r the ssid parttes oi the iirat p~rt.
E a~~ ~~{ss of !~S c~`mt ~a~st, for tbe~esel~ snd their le~+al r~praentatt~a. s~aall~ and jointl~
tnrtber eo~enmt and a~ree to pa a11 t~a. ~sses~adents andelur~ss tbat aaa~ be awased npon meh properties and/oz
p~emises as desrsiDed abo~e ~or npon thi~ morfgaga orthe indebtedAns s~cur~ed berey~. withoat~~a~d to an~ Lw
beretofore or h~tar to be enacted. fmPa~ D~7~ent o! tbe whol~ or an~ part tbereo! npon tbe partles of the
E seeond partco~r
th~e
r le~at reP'raeata!l~es. Upon ~iolstioa oithis tmdeistandins or upoa t6~ ena~tnnent b~? tbe State oi
i Florids ot sny Lw imPcsi~ P~7mmt a~ the wLols or an~portioa a~ a~? oT tbs tues, assessments a~ ebar`es afore-
uid npon the parties o~ tbe s4oond p~rt or tbeir lessl reprsentati~s, a~ opon the rmditloa b~~_~~, e~o~mt ad Lst raort
~ oi s deeLion to !be etteet that tbe nndszWdn~ bf the sddparties os tbs t~rst part, as berein~~~1~iaea. to pa7 ail t~ei.
i ~meats or ebsr~ L lerall~ inopesative os aanot beenforosd, thea and ia either ai e~eats tbe indebtedneis
hereb~? ~eeared. wit6oat an7 dedne.tion. shall. at tb~ optlona~ th~ patt3~s a~ ths ~o~d;part,_or t~e~ le~al p~en
ta-
ti~re;, and w3thoat lm+ther notke. beoome im~nediatel7 dne aad pa~able a~thiq~ eon4ined in~this morC~
s~+e or aa~ Lw btseta~ore or ha~a~ites e~ueted.
~ it is ~ulatea set~ ~ tbat, in ew o~ d~fadt in aa~ c~ tM pid p~~mmb o~ priaetpal o~r inter~t. ae-
~ ~ to t]~ teaos ot tM ~aid aotes meatlonsd sbo~0. erbee~eh ~ an~ a! tD~ eo~enanb or a~r~emeab berein eon-
` binad. tlim and in an~ snih we t6e whol~ a~ tbs ssid p~sam Da~eb~r Ncuted and the intereat tl~eraon, and an~?
~ pa~ments aud~ b~ th~ partks a~ tbe seeond psrF, or theis npraentatlnes. !or repairs. insaranoe. t~xa~ assew
! meab, 1i~, ind~menb. dseraes, eost+. e~arses. ~eas~, abrtaratt lea, attorne~'s teea or otherwLe, sha11. at th~
option oi the nid partles a~ th~ s~eond p~itr or t6eir le~alrepraentatl~es. beeom~ immediatel~ dae and pa~able with-
oot i~rtba Aot~a a~d tbis mortsan b~ foreelosed in tbe aoanner aad wkh tlw aams dieet as if tLe aaid iadebted-
nas bad ot6rtwiN matard.
~ ' ~s ~sot~eDs of ~'a ~usetlolpss sbaU bs sppli~d.!lrst to t~ a~pemM isearred ~nelndin~ a reason-
~ ~ble ~lto:naya !es !or soeh ser~io~ u ms~ be ra~ed !or tbe eaU~etbn a~ said iadebtedness and tba ioreclosnrs oi
tAis mortaai^~: sxond. to tbega
~r~ent ot wbatrer sam or sams tbe ~aid parties of the seoond p~rt~ or their 1esa1 reD-
€ resentatl~es. ma~ Da~e paid or beooms liable to pa~ in a~rInt out ths options, tera~s and stipalstions o! this mo:tl~i~.
, tosether wit6 intera+t thaeon; ihfrd, to t~ p~~meat aad wtisfactlou oi ~aW notes, aad loarth. t6s wrplw. ii an7.
~ s6aU be pdd to th~ parties oi the fiist part or otheswis~ as the oonst msy deaee.
s
~ .
?
x
~ , -
~ : o. 87 210
' ' ` BO~K
~ ~ r~.r s .
1
~ k . . - - • -