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Home My WebLink About2303 - - • . . ! hcreb~ fall~ wsmat ths dtle to aid Iaad~ and wiU defead the ~ne a~ainst the bwfnl cl~in~t oE all pcraow whomsoe~er. PROVIDED 11LWAYS, chst if aid morc~agon. cheis hein. legal repreacnad.a ar aai~n~, shall pa~ aato the ~aid mort~aga. its legal repraeaqtiva or a~signs. the aid snm of moaeT miadoned in a?id promis~or~ note. and herein. and th~ interat thercon at tbe tima and in the manna tpeci6id. sad ~uU paforni. compl~ ' with and abide b~ cxh snd everp the sdpalatioas, agc+ecmena. condidons and oo~eama of aid promi~oq aote and of thit dad. thm this dccd aad thc aatc hereb~ crated ~all aase aad be nall sad vad. ~ And the ~id matgagor:. foc themulve~. their bcir~. legal repre~eaativa u?d wigw. haeb~ covcnant and agra: ~ 1. To par aU aad sin~iu che ~riaapa~i and incereac and ocha mn~ of moner pa~abie br v;rcue of said promi~orp note aad thi~ decd. or atba. promptl~ oa the days reapativcly the ame ~cveraU~ baome dne. 2. To p~y. all aad ~agalu tb~ taxa, ssaesameaa. lc~ia. 1'ubilitia. obligation~ and eacambranca of ever~ natnre on u~d dacribed propatr. aad to fnrni~ the martgaga with :ati:futor~ rideaa of thc payment of thc asme. and if the ~e be not prom~tl~ paid b~ the mortgagor~, the mortgage~ ip ~n o~r auign~. may at an~ time ps the samc. wlthout m aa~ wa~ waiviag or affatiag the optioa of the mo ga to fore- cloae this mortgage ~or failnre of aid mortgagon to pay thc said asa. as~a:meats. levia, liab 'tiea, obliga- , tioas and encambnaoa. or witboat wuving aa~ otha righcs of the auortgsga bercnada. aad e~a~ psymeat so aude by the mortgaga shail bear inis.est from ths due tbcrcof nntil psid, at the highest lawfnl nte pcr annmm ~ow permittcd by written contraa anda the laws of the State of Florida. and said advanoa together with inteccat thercon sball be doe and payable by the mortgagors to tlx mortgaga w}xn thc next sncaeding ~ payment ~f tlx intenst provided for in this mortgagc a~d the note which it sccarea ~aQ bccome dne and pay-- able. Tbe mortgagon' ~failare to pay ~aid taza. asse~mena. levia, liabilities, obligationa and cncnmbranua. ~ and/or the mortgagors failnre to repay tbe mortgaga for said advanca, if made b~r tlx mortgaga, ahali give tlx mortgaga the nght and option to dalare thc pnndpal balana due togethcr with all advanca made pur- " swat to the terms. providoas and conditiona of this mortgage and tbc note which it aaura and thc fnrthct option to fomlose. 3. To pay all and singular tlx oasta, charga and ezpenses, inclnding attoiacys' fas. rasoaably incarnd in placiag thi: insuumcnt in the hands of aa attorney fot collation, attorner's fas incarnd in ~ourts of original • jnriadiction as wcU as conrts of appcllate jarisdiction b~ sud mortgagee. ia :uaesaors or aasigns, baaase of thc ~ failnrc on the part of aaid mortgagors. theit legal rcpracntativa or assigns to perform, comply ~vith aad abide ~ ` bp uch and every the stipulationa. agccemcnts, conditiona and oovenants of ~aid promia~ry note and this dced. ~ or-either, and every snch paymmt shall bear interest from date until~a id at thc highest lawfnl ntc per an- , . nam now permitted by wntten contract nnda the laws of the State of Florida. ; 4. . To kap the bnildings now os ~aaifta on ~aid landa in:ar~d again:t loet b~ fier and lighwing. and also agaiast windacorm. barriune. hait, enplosion. riot. civil commoaon. amoke. sirccaft. and land - . ~ vehiclca ia a sam satisfactot~ to the mvrtgaga in a compiny or compsnia to be approvcd b~ said i mortgagee. and the taid polic~ or polida to bc approvcd by said mortgaga. and the aid policy or polxiea to ~ be hdd b~ and payable to sud mortgaga. ib maeason, legal repraenndva or auigsu; snd in tht evcnt any 1 ` anm of moncy occoma pa~ablc nnda snch poliq or liciea the mortgagee. ib snaawri. legal repreaentativea. i po ~ or a:signs. shall have the optioa to raaot and apply the same on aocoont of the iads~~daat hereby ~ecarcd or ~ to permit thc mortgagora to naive ind we it. or aa~r pact thcrcof for othct pnrposes. withont thacby waiving ` or ~mpairing any licn or right anda or by virtne of tha mort~age: and aaid mortgaga ms~ plaa and pay for ~ ; ` snch insnrana. or any part thcnof. withont waiving or affadag in aa~ maana thc option of ths mortgaga to ; foreclosc thia mortgage for fiilnre of the mortgagora to keep said bnildmgs and otha insnred :u herein ~ pr~viu~~. and withoat affating any other rights of the mortgagee hercunda. and a~ever~ ~ch paymcnt i made by the mortgaget for preminms on said inaunau ahall bcar intcrcat from date theceof antil paid at tlx higheat lawful nte per annum now permitted bq writtea mntraa nnder the laws of the state of Florida. and - said advaaces so made by tbe mortgagee shal! be pzyable by ttx mortgagors to the mortgagce whcn tix next ; sncueding installment of inunst rcquind to be paid by tlx tcrms of this mortgage iad the note which it _ aecures sha11 be dae and payable. The mortgagora fnrthcr covenant and agrst to kap thc personal property ' loated upon said lands insured in an amonnt and ~gainat sach risks is shall be satisfactory to the mortgaga, _ ~ sncli insnnnu bcing snbject ta tIx fongoing provisions of this paragraph. Failure of the mortgagon to_ effat ~ said insonna, or to piy the premiums tbenfor. or torepay tbe moctgaga for prcminms advanced tlxrefor ~ shall givc the mortgagce the nght and option to dalue tlx entire prinnpal balance. togcther witb atl interat ~ and advancea m~de thereunder. due and payable with the further optioa of immcdiately fortcloaing this mort- gags for the nonpaymcnt thercof. . . z 5. To commi~ pccmit or snffa no asste, impairmenG or dttaiontion of said propect~? or any ~ part ~ chercof. . - , 6. To paform. compIy with and abide by ach and every the :tipWation~ agcameab, oondidon: aad - covenants in sud pmmi~aory note and ia thi: dad act forth. ~ ~ ~ 7. That gnnting an~ ezteasion or eztensions of the time of pa~ment of the aforeaid aote. or waiva ' of or failnre to czercise the right to autnre the ~vhole dcbt :h=1! not affect the lien bercof or thc rights of the ; mortgaga bcrtnnda or opentt as a releaec from anT liabilitp on aaid note or [hit mortgagt: and fnrtha that accepana of put paymcnt of aay inrtallmcnt or pnaapal or interat, or of part pafosmana of any covcnant. ' or delay for any paiod of tim= in rsenuing thc option to matnn the mtire deb~ shall not operate ~ a waiva ~ of the nght to eseraae sach apdon on acoonnt of aach defaulc.~ or an~ ~b~eqnatt defanl~ . - 8. To procnn or anse to bt p:+ocurcd from said mortgaga. or somc otha rdiable 1ih insunna oom= ~ pany. a polic~ or policia of life inmrana of s kiad satisfxtorT to aaid mortgaga in an unonat satisfactory to tht mortgaga on thc lifc of somcperaoa aoaptabk to aid mortgaga as an insanaa si~c, utd to pay or ~ ' . au~c to be paid ~ tht~ baome dne all prcminms on iaid polic~ or polida natil the dcbt ~ecnred herebl.is ' caaalled; and » adduwaal oollatcral for tbs indcbudnae Laenada ~anred, to kap aid polu'~ or poUaa , conuand~ sai~ned to said mortgaga in aaordaaa witb thc terms of a form of a~agnment ~o be fnrai:hed , by sa~d mortgagee. 9. If an~ of aid snau of moae~ hacin referccd to be not gromptl~ aad fvU~ paid within thirq days nezt aftu the ~ame sevcnll~ baonu dne and pa~sble. or if aar and e~er~ shc uipdstioa~. a~u. condiaons and co~ensab of aid promiaorT aote and this deed, oc atha. are aot dnl~ pafccmed, oomplied _ ~ with and abided by, tLe ~id sg~regate sam mention~d in aaid promiaorT nots shall baomc dac and abk f p~ ; f~oe h~ch or cbaeaha ac cbe optboa of che ~noccgsga. ia suooaso:s or a~,~. as foUT and oompleulT » if € fn prindpal sam of the pcomiaor~ note. wa~ on~ina111 uipnlsted to bc psid on s~eth da . anythiag ia said promi~orT aote or haein to tbe ton~ notaithetsadiag. ` In tbe e~vent of dehnlt w an~ pardcalar a~ hercin pro~idcd, oc ~honld for~clc~arc proc~dinga bc iant- , ~ ~ cnced hercander on aoooant of sn~ bc+ach or violatioa of aa~ one or more of tbe co~eaaats harin, it u co~e- nanted aad agre~d that tht mort~a~ee. ia ~ le~al repraentsti~a c~ a~ ~bsU immediatcl~ be ea• titled u a matta of rigbt and withont ee~ud w thc ralue of the pnmi~a oc of tbe herein- z abovc deuribed. or thc solvcacp or iawl~eac~ of the prctia. aad withotit notioc to du~ g~ tbe ap- - poiatment of a reoeiva for tbs moctgag~d pnmi~es„ sad the reaa, ie~oa aad pro~iu t6ereof. wstb the w~saal~ ~ ~ s 6(~41~ fAGE + Q .