HomeMy WebLinkAbout0655 -.-•~a ~ ..i„~M~+~+.rw..a.~ - , ~
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~V ~ . . . . ~ 1 . . ' . . ' . . . . . . _ . . . ~ .
L' TO~iETHEi l~ITH ~Il aad sinaular ths~ tenaneat,~ hee~edit~meate and ,~ppurienanoe~ thersnnb bebn~in~ ae in w- ~
wiss Wereuaw ~ppertainin~ and t6s rent+~„ iaues ~nd protfi~ theceot. end a1a W tLe estats. ri~h~ tit1e. intere~t and all alaim ~
f~ s, ~ad dem~td wlut~osvee~ M well ia l~w v in equiq. a Mortiqoc in and to the saaae, inoludu~ but not limital b: •
~ W All rentst p~o6tsi eeveane~, e~oyalties, t~ht~ ~ad bensBta derired hom (1) ocopa growa on ~aid ~eouriqr aod prodnos ~ ;
ot the wil othenirus Cj) al.~s or~ aeineral le~~es ot We pcetni~e~ oe the~eof nowr e:istint or here~tter mads, ~nth the ~ t,
. 'rght to reoeive ~nd reoeipt thereioe wd app~r Ws a~me to ths indeb~ ~eoured hecsby eiWer betors a dt~ar aqy detault .
~ bereundee. and Martga~es ma~ dsmand, sue I~r and reoover aqy suoh p,ymeats but sh~U not bs required ~o to do„ and 43) all
' other reab. iaues and proAts ot ths prsmi~a froai tiwe to time aeoruiogt whether ~tnder le~ees or tAnaaae~ now euistana o~ ~
~:';`;'.1 ~ henatter oreuLedsreservuu~ Lo Mat~~gor. however, eo long as Morts~or t~ no0 ia detanl0 heraunder~ the rieht to reoeivs and ~
• ~ ' ~ ~ •rstain the reats. wua ~nd pmbts in oLuses (1) aad (3) herein. - . ' ~ :
, f. (b) AA jndgmenb, awurds a~ damagbs and ~etNemeats hereatter made resul from ooAdemn~tion ~n~ or the . j.
~ ~ r;: r. Wdn~ at tbe premi~es oe sqy p~rt thareot under the powee ot eminenL domsin. or~or aa~? damage (~6etherp
os~sed by auoh '
1`~ Wdn~ or otherw~se) Lo the premisea or the improvemeats thereon or aqy part thereot. or to aqy hfa r?ppurt,en~nL theroW. ~
i
a
du
d'
i o
g ~qy aw a e d foe o
h a
n
g
e o[ g
e'~
ds o~ s t re e t
s. Mor ~s aee~s
by r?u t
hor
u
e d. on b e
h s
l f an d~
i n t
h
e name o t Mor i
t a
a
or ~
~
t ; to exeoute an
d d e
l iver v
~
l i
d aoqnittsnoe~ for, a
n
d to ap~rom.aq~? s
u
o
h ju d g
ment~s or aw a r
d a. Mortgagee m~+ ~PP~
1' ~ '
s , r' i;:: sneh sums oe aqy part We~~eof so reoei
v
e d. ~ tter Me pwyment a
t a
l
l o[ ibe~cpeas~. ino
lu d ing oost~ aa
d ~tta~aeps' t~es, on L
he - -
indebtedneas seoured hereb~ in sueh mannar as it eleota or. at its optioa. W entire amount or ~qy p~rt thereo[ ~o reoeived
ee
~~~i. t~~TO HA EV •AND '1'O HOLD the sbovs ~rwn~ed aad de~mabed premises t~o Moetgagee. its snooeaois andasa~gns~ torever. . y: .~T=
and M~tgaaor doee hereby tul~y warrant the title to said land. and w~ill deteud the eame againsL the law~tul daims ol W peesons 2~
~ w6omsoever; providod always tdat it Mactga~oe ahall p~y to Mortgagee thst oertain pmmissory note abovs desoribed snd ah~ll '
~ i ~ per[orm alt o Wer oovenants wnd oonditions cl said prom~ssory note. ~ad ot aqy rene~ral, exLension or modi8wtion thereot.. I
~nd o[ this mortgage, Wea thi~ mortg~ge ~ad the estate hereby ereated sL~ll oesee and De nnll ~?ad void:,
~ ? : ~ ~ ; . Mortgagor inrthee eovenwts and t~g~+ees with Mottgagee as tollorn: ~ _ ~ : ; ~ i
~ 1. To pq? all aums inolu interest seoured bereby whea daa. a~ provided for ia saidpromi~wry note aadaoy renswal. ~r i
estension or modiBa?t
~on th~ ~nd in t6is mortgage. sll such ~uma to bs~?
a~k in 4wiu1 money a~ tLe United 8t~?ta~ ot • ~
. 4.1 Am~ios at Mortgages s atore~aid prinoipal o~oe, or st suoh pther plaoe a~ Mort~ag~ee-ma,t deai~iate in writing. . 4 ;
=1 : 2 To p~y wrhoa due. +nd w~ithoutre quiring any notioe fmm Mortgag~, all taxes. ~meata ot any ;ype or dsture and
r' otLer eLarges levied or asaesaed a~ainst t6e.p~remises hereby enaumbered aad
~ ' . penduoe reoeipta thecetor npoa dem~nd. To ,
c~ ' immediaf~elY Pe?Y snd diso6arge an~ clsim. l~en or encumbranoe ag~insC euoh premises wLiah ma~y be or booome saperioe to ' t
1`~ 'z i~ ' t6is mor(gage and to permit no default or delinqueaoy on sny other lieo. eneumbraaoe or o6~r~e t~?inst saoh premisee. ,
_ 3. It.re~qnu+ed by MortB~Bea to also mate monthly deposita wiW Mory~agee, m s non
interest be~e~ing aoQonnRt~o~eWer - -
' with ~ad ~n addition to iatee+es~ and prinoip~l, ot s sume qu~al to one-twelttfi d We yearly.t~es and.asseaamen4 whiol~ may
~s''' ti;• st~ bo levied e g
a i n st the premisea. and (if io required) ono-tw'eUth a[ We yearlyprem ~'iims for tnsuranoe thereon. The amount ot .
~ u o
h t e u c
e s. a
s
s e n
a m
e
n t
e a
n d p
t+ e
m i u m
s. w h e
n u n
k n
o
w
n, s
h a
l l b e e s 4 m a t
e d b~yM~ ~rt~~ 8
u
a
h d e
p a s
i t
a a
6~
U b e u
s
e d M
o
r
t~ '
~ .~~agee to ~r sueh t~cee. aseeesments and preminms when due. Any insu~ o ienoy -
o
f s
nah aooount to p~y sueh oh~rg when .
tf due a6all be paid by Mort~a~r to Mortgagee on demand. It. b7 reason ot sqy defanlt by Mortg~gor andec any provlsion at . '
i.~ . tbis mortgage. Mortgagee d~slares dl aums seaured hereb to be due and b M m~y then sPP1y tunds in ~ -
f ' r ; ' ~ • 3~ ~Ya ~B'~$'~
eaid aooouni agsinst the eatire indebtednees seeured hereby. T6e eotoroeabdity d~ oovenanta relstin~ to tases. aasessmeata R i:•~.
L, ~ : aad insuranoe premi~ims herein otherwise pmrided shsq no~ b e sffeo t
e d eseepL in so tar as those o
b
li
g s4ons have been met b
y . .
; ~ oomplianoe wi t h thisp~agrsp
6. Mortgagee mey imm time b time it+e option wsive. aad atter aqy sueh waiver reinatate, .
any or all pmvisioas he~+eoE requiring sue~ depos~ta, by not~ioe to Mort~agor ia writu~. While aqy suoh w~iver is ia e~eot ..i~;`,
i I. M
o
r t
g
a
g
o~ s
h a
l l pay t w
x
e s. asseesmen b a a
d i
o s
n r a n
a s p
r
e
m i
u m a a
s h
e
r
e
~ n e
l
s
e
w h
e c
e p
r
o
v
i
d e d. ~ S
~t f- 4. Topromptly p~p all taxea snd as~essmmta ass~ed or levied nnder aad by virtue ot ~rqy at~te. federst. or municipal i`• .
Is~r or regulstion heree[ter p~seed. against Mortgagee upon thia m~ or t6e debt Lereby seowed! or upon its interesL
~i r' : un der t
h i~ mortgage. pro v
i d e d ho~ever t
6
st We to t a
l amount so paid or any auch Lxes pursuant to th~s psragrap6 toge t
her r;
: k.; t~~``~ with the interest pasysble on ssid inde~tedaesa shsll not exeeed the Ligh~at la~rtul rate ot intee~est in Fbrids md provided i:~...:
furtber thai in t6e event ot t6e pasxage oi any snah law or regulution, tde entu+e indebtedneass seoured by t6is mortgage shsU - ~
~ thereupon beoome immediste~y due snd p?ysble ut the option ot Mortgagee. , '
i. ; ~ , ~ : . . .
f s~ r' S To keap the premiaes msaredaga~nst ioes or damage by &~e. windatorm and snoh othar ha:arda ae m~y be r
e qnired b
y .'s
~ ~ . Mortgagee. in form and amonnts ss
t
~ a
f
a
o
t or9 to, a a
d in iasuranoe oompanie~ spprov
e d by Mott~a~~ t he po
li
o
ies f~ w h ie
h , :
i insnraaae ahall be pa,yable b Mortga,g~ee. Such polioies. and abstracta aad othee title evid~ne~ shalt be delivered to ~nd held'. t i: t..,.
I;. : by Mortgagee. Upon foreolosure of th'w mort6age or other aeqnisition ot the~pe~mnes or aqy par0 the~+eoi by Mortgagee. said
F - ~ ~ ProPertY M tBa~ee• , . . ; : ~ •
~ polioies. abatraata and title evidenee shall beoome the abaolute d or ~
R 8 To Srat obtaia We written eonaent ot M~~ such eonaeat to be granted or wit66eW st We sok disocetion o~ snah ;
9' . ~ . "Mortgagee. betore removing or demo ' ~nilding no~r or here~tter ereoted oa We premises. (b~ altering the arrango- . • . . • , .
- meat, design or strueWnl oharsoter thee+e~t.~(e ~ anY rePairs ~rhioh inrolve We removd ot strnawrai parta or the.ezFoeure "t i,
, o~ the iaf~erior ot suoh building b tbe elemen t s, or O exeept toc domestio purpoaes. euttina or removic~ or permitW~g the
.
ontting and removal ot any trees or tim
b e r on We premises.
* •t
• r ' =m ~
y~. 7. To maintain premiaes in g~ood oondition and repair. indnding but not limited to We malring of sueh rep~in ae MoM8+i8ee .
m~y imm time to time determine to be neoessary for LLe preeervstioa ot Lhe premiaes aad f~o not oommit nor permit any waste ; ~ i,
~ ; 1 F . : 1 ! _ i ; thereo[. . : F , . . .
• 8. To eompl~+ with all Lws. ordinances. regut~tions, oovenanta, ooaditions.and restsietions atieeting the premise~. and not ,t '~j
~
~ ; t ~ ~ s i " ~ to euffer or permit any viobtion thereoi. • • , _ ~ t ~ :
?l . ' . ,
~~1 9. It Mortgagor ia~s to pay aoy elaim. lien or enonmbranae whieh ia ~aperior to tL"u morfgage. or. when due. any tau or : t•• i.
' u~ment or inwrmee premium, or to teep Wep ia repair, or shall oommit or Fermit waste. or d t~ere be eommenoed. r:~:•:
an,y aotion or prooeedinB affeating Lhe premiaes or the~t~'tle sLheteto. inalndin¢, bnt not lim~ted to. eminent domain ~nd baakruptaY
t~ i~ t=: o
r r
e o*
S
s
n i
s a
L'
o
n P nga. t
h
e
n M
o
r t~ a g
e e, st ita o
ption, m~'p~y s~id olaim~ lieo, eaonmbraaoe, t~. aaeeesmeat or premium. :
w i t h r
i
8
h t o
i s
u
b
r
a g
s
t~
i
o
n• t
herennder. m+ 1
Y make aueh r
e
p
a i e s an
d take suoh stepa as it deema ad a i p
b
l e to preven6 or onre a
n a
h °
% i ~ : i_,.,• w~aste. aad sPPear in any suah e?ation oe P='~eedin8 and retain oounsd L
herein. a a
d L a
ke auo
h aotion Werein as MortgaBee .
F .'~<<: ' deems ad~e. and for.any of said purpo~es Mortgagee m~y advanoe suah sums a[ mone~, including ~sll eoste.' reasonsble ~ r
~ i;;'~;%• sttorney's [ees ~ad other itema ot e:pense es i! deems neoeasary. Mortga~ee ah~ll be the sule ~udg~e o! the legaliLy, ~alidit~ wd
pnority a[ any suah cWm. lien, eneumbranee. 1~. assessm~C sn d premmm, a a
d o
t t
he amoun t n w be p
a
i
d in astis-
L
? t
a
otion thereot. Mortgagee ahall not be held aooonntable tor aoy delay in malung any suoh p~ymmt~ whi delqj? m~y resnlt ia~ i:,- , .
E t~ any additionai inLerest, eost$. oh~r6'es or e:Penae otberwise. ' - f;
. x~~.
t ~ 10. Mortgagor will p~?y to Mortgagee. immediate~y snd without demand, ull sums of money sdvaneed by Mortga~gee pnrswn0 , ;
: ~ r~ to thia mortgage. ineluding aU oosts, reaeonabie attoraeq's fees and other itema of ezpeose. togather witb intere~st on each suoh t~,
k . advanoement at the rste ot ten per aen~ (10%) P~' ennum. and all sueh sums and interest thereon sha11 be ~eaured hereby. i•~
f~.; ' 11. All sums d money s e c u r
e d h
e
r
e
b
y s
1 u
1
1 b e pay s
b
l
e wi t
hon t any r
e
l
i
e[ a l u~
t
e v
e r t
m
m a a
y v a
l
n
a
t
i
o
n o
r a
p
p
n i~
e
m e
n t 4
w
a.=
1 ~ f'~ 1 2. I f d e[au
l t b e m a
de in p~ymen L d~
n
y i n s t a
l l m
e
n t o t p
r
i n
c i
p
a
l o
r i n t
e r
e s t o t a
a
i
d n
o t
e o
rany p
a
rt t
h e~~ e o t w~ e
n d n
e. o
r `
s ~~ti',~~;_ r~'.,~ in Pa?Ya?enk wrhen du0. d any oWer sum seoased hereby, ~ in performanae ot aa~ ot bl
o
r t g a g~
r's obUgationa. eoven~nta or
; ~ _ - ~ ; agreem
~ta hereunder. ~11 ot We indebtedneea secnred herebY shrl1 beoome snd be immedistely due aad p~yabb at ihe option ~ ; ~ - : _
` o[ Mortgsgee~ wiehouL no4ae or demaud w+hioh are hereby e~pressl~r waived. in wbioh event Mortgagee msy ~vail iteelf af ' j~~•:~:; ~
` all riQhta and remedies, st lsw or in equiiy, ~nd this mortgage msy be foreoloeed wiLh all rights and remedies afforded.by the r:
i ' ; ~ v ' ; ~ 4ws d Florida aad Mortgagor a6a11 psy all oosts? aharges and ~Peasee t6~eot~ inotnding a re~sonsble sttornay's fee. . _ ° . ; : ' ; ~ , ~ ; .
~ i . i : ~ ' ~ ~ ~
13. U detwlt be made in paymea~when dne, ot aay iadebtednees seadred hereby. a in pertormanoe of ~oy d Mortgago~s
` r' ; , i ~ ~ Ob~~lOal. OOYlIIAIIti Or ~eAL/ !~'Oll~d![: _ _ ! ` -
Mor t
g a~
e e is authonzed d~a
y time, witbout noties. in its wie di~eretion to enter npon and take pooesoon d,.~., .
' t:. • ti~, Lhe p~emises or any p~rt ihec~eor. to per(orm any aots Mortgagee deems neoeseary or praper to eonserve ths secnrity ~ad to•, ~ c-'' Z s,'-}
c,c; - . ,
- ~ ` eolleot and reoeive all renta, issnes and prosts lhee+eot. inaladin~ Wose pasL due ~ well as thoee aooevir~ theeeetter. and . t',
; i~ ( b) M
o
r t g
a g
e e x
h a
l l b e e
n t
i t
l e d, as a matter ot striat r
i
g
ht ~nd ~rithoutt+egard to the ralne or oecu
p a
a
a
y d the seoari .
~ ~ to hnve s reeeiver appointed W en~ee npon and takepo~
on ot the premises, o o
ll
e ot t6e reute ~ad proflb there[rnm snd +PP~, e~ '
F ' t h
e s s
m
e a
s W
e o o n r
t m sy d i r
e ct. su
a
h reoeirar to l u
v
e a
1 1 tbe r i g
hta and p owe~s p e r
m iLted under tlte Lws ot Fbri
d s. t=-1"
~ In either suah case Mortgagee or i6e reeeirer msy alao take posseasion ot~ and for thae Pu~P~ +Ry ~ Pa'~v' t`, a
~ `~s ProPert~+ oontained in the premises u~d used b~ Mortfag~or in the renW or leasin6 thee+ed or any parL thee+eot. The~cpeoas i' ,
' r.(
i n
e
lu
d w
g reoeir e r's [ees, oou n a e
l teer. oos t
s a
o d agen t s o~mpmsa t ion) i n
e
n r
r
e d p
n n
t u a t t
o j
h
e p o
w e
i s l u r
e
i n o o
a t~ i
n
e d s
h a 1 1 a,• j`.
~ ~ F ' '
- be seaured 6eceb}r. Mor~a~ee shall (atte~ paymaat d all ooate and a~cpeoses inaurred) aPPb anah rsnb. iss~e~ and probt~ ~ r'
~ t
reeeived by it oa t~ indeb t
e d aers s e o u r
e d h
e r
e
b~ in w
a
h o
r
der as Mortgaaee determina~. T
L
e 0 b en t~ a
n
d W c
e po~ee~oa r.,
`F ot s~id pert~~. to msnag+e aad opente the ~sma aad to ooUeeL tbe renta, iasuas ~ndpro
Qts~ie+eot whetherby a recei~ee or .
t ! l,
. otherwise ahtll be oumulati~s ~o aa oWec ri~ht or remedy hereuader or aRorded b~ law. and ma~r ~s ezeroised eoncurrenti~r ti-
F ! ~1Ef~6wl~i Oi IIIdlQE~~OD~{}I t~llt'60~. ~Olf~~jOS aZivl ~~b~9 LO i0001111t O~ ~O! WOti rents, irsues aad pro~ts a~otnal~j? raaeived, f:
~ ? t ~ ti ` bY ~ak~'~ , . _ ' '4's', :,'1
~ ' _ . . . _ ~ . . . , : . . ~ ; . .
~ i ~ t r . ; ~ j r ~ , . : . . , . i I i t,! ' ` - ~ . : ' ',r ~ ~ a
j . : k i ~ ~ ~ ' . . _ ~ ~ ~ ! - e ~ . . t ~t ' = j t . Z i ~ } ~ % ' YVV ~ V ~ ~l~~ . s. ~ ~t . 4 t .
` ' ; . ~ . 1 i ` 4 . ~i ' ; . • . ~ - . , ` = { ' . t ~ 'i , . . , ~ . ' . t , f .
r'a:.~.~~r~•~~.~ ~ . . . - ' ' . _ . . _ . . - - , ~.4~•f. i~~~
~+-...w'~r..~.t~.fL :~1. . ~-:'r~r L jw %r • r ~ ' - '