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Home My WebLink About0496 . , I ~ . ' at aII tiaae~ aad quletlr to eaoar upoe, }wW. oocupy ind aajoy s~d l~ad; ttut a~id L~ud b Eree from a11 eacumbrat?oes: ~'i t}sat thay ~ sw~ bartLec ~~urae~oe~ ~o padevt tbs fes dmpb tttls to s~id 4ad in the As+ocintion as nwy rea~o~ablyr be : requtrQd, ~ad th~t thep do Lereby fWh? wurant tLs tltle ~ aid Lad and w,11 defaad the saane ~gair,st the 4wfu1 clainu oE ~ aII pezwas wbomsoa~?e~. _ PROVIDSD ALWAYS tbnt if the M gagon atwil well aad truly pay twto the Assbctation. tbe indebted~s evidenoed by that cert~in pcaaiiso:y Aote. of evea date~hec+ewit~, mads by tbe Mo~tgagon and psyubk to the Assacit~tion, in the ptinci~rl run oE _...SEVEN.THOUSAND FIVE_HUNDRED.AND.N0~100.---_---.--...Dollars 7,_500._00 ~ which aote, together with interest the~oa as therein sPecified, is payubk in maithly installments of. ~ - . ~ i; . •---•-----------------------_._...-----.._...-----...»..__._....~__...._..._.~__._____._~.......M~_-•• - i _EIET~-FIGHZ ANn NA/t DD___..._.__ -------..~_----.-.-----.--m-------__Dolla~s (=~.59..QQ.....~._ z a cbe.---15th.._.__ a.y o~ e~ month oo~~c~ng w~ct~_w__...._._....~.~~.i~5 ~ ; are to be u Rrst ~o iatccest. and the balanoe to pcinalpal, until satd indcbtednesa ts p~Id tn fiiD. and ~L~ll perfwrq oo~~ply ! wlth aad a~by each aad every tha sNp~ils~tioas. agreerneaM, oonditions And cova~aots oE said ~osnisso~y note u~d tl~is : ~ ~~80. ti?d. ~~P iwy advances made by the Asaodstloa M tbe Matgagors, a thcir suocesson in titk~, for any purpose, ~ at any time before tbe rrkase and cancellatioa of this mottgage, but at no time sl~all this moctgage seci~ :dvanees at aooount , of said originai note toged~er with such addit~al advances in a sum in eacoas of.._...~SFiYF1L.T~I~La~~.~_._._..~_ ~ ~ --FIVE_HUNDRED_AND NO[100 m~ 500~00 r~ ,~y :a~~ Qeo~ry : to prote~t t6e se~ruIty and costs, thea~tbis deed aad tbe estaM hereby cnated sbaD cease and be null and void. ~ i ~ AND THS MORTGAGORS DO hereby wvewnt and agrea: : . 1. To pay alt and sing~ilar the pr~uci'pal and intere.st u?d other sums of mo~eY PoYable by viitUe. of said ~mfs~ory rate ± anci tlus matgage, or either, P~mP~~Y on the dsYs rapecHv~elY the same severally eome due. ~ ; 2. To pay all and singular the taxes, asse~?ts, kvks, Iiabilities, obligations aad incu~branoat oE every naturo and ]dad ; naw on sa;d des~xibed property, or that he~+eafter may be~~'n~l~aaed, suff~~red, paaoed, levied. ~ assessed thereoo. or tbat hereaRe.r ~ may be kwied or assessed upon this Mo~tgage, ~ the ~tedness :urecf hereby, each and every, wLw due and p~ bk, aa~ording M law, before they beoome delinquent, aad before any intaest attad~es or any is inc~ured: aad ~ as j any thereof is oE reoord the same shall be promptly satisfied and diSCharged of record and ~guwl of~al documeat (such t as, for inttance, the ta~c receipt or the satisfaction paper offkially endorsal or certified) shall be placed in tha hands af said Association as Mortgagee within ten days ne:t after payment; and in the event that any theceof is not paid, satisf'ied and dt~c6arged, - said Associatan may at any time pay the same or any part thereof without waiving or affecting aay option~ ~ien. e4uitp ~ ri~t under or by virtue of this ??iortgnge, and the full amount of eacb and every such payment shal! be immediately due andpn ya le and shalt bear iaberest from the d ate themof until poid at the rate stated in the note secured hereby and together with suc h inter- est sh~U be sec+u~ed by tLe liea of this Mortgage. _ ~ 3. To keep the building,s and all equipaaant and personal Pro1~Y now or haeafter oa said pre~nises oovered by this ~ moctgage, i,uvred in a s~un equal w at least the amount of the mortgaRe. oc an amount snffic~it to oaan with any oo-insur- : ancezeqnireu~eat coveiiag tbe same uu~der d~e laws of the Smte of Fforida, covering loss from both fir+e atonan, making tha loss u4der said policies, each and every, PaYable to tha AssoGiatlon, ~s moztgagee, as its iataest may appear, aad mki ins~nrance ~ shall be in a good and responsible insorance c~mpany satisfactory to suid As9ocis?tion, and writtea by a Ioc~a! agent satisfaMory to said Associatiop; and tbe policy or policies shall bear a standai+d mortgage clause without ooa~i~i~and shall be ' held by ihe Association, and, ia the event any sum of money beoomespa yable under soch policy o~ policie~, the~ Aasociation shall ' have tbe op~oa to rec+eive anc~ appty tha same on account of the indebt~ hereby secured. or to pamit the matgag~s to • receive and use it~ or any part thereof. for ot~er purposes. without thereby waiving or imp~ eof aay equity, liea, or nght under ~ :u~d by virtue of th~c mortgage, and may place and pay for such insuranoe, or any jsart tli . witbout waiving or afEecting ib ; option to foreclose, or any right here~nder, and tl~e full amount of each and every s~ch payment shaIl be immediately duo and t PaYable and shall b~uu in~er~cr fram the date thereof until paid at the rate stated in tF.e rate secu~ed hereby and together with such interest shill be secured by the lien oE ~his Matgage. ~ 4. To permi~ oommit, or suffer no waste, impaicn?ent a deterioratioa of said propecty, or any pszt tLereof~ and upon the failuro of the mortgagors to keep the buildings on said property in good coaditiai of repair, the Auociatioa may dewand the _ immediate repair of said buildings or the immediate repaymeat of the debt hereb sejcured, anJ the failure of the mortgagors ~ c to oomplp with said demand of the Association for a Perio'd °f Tbict~' (30) da3's. . oonstitute a~breach of tbis matgage, ; and, at t}xs option of the Association, immediately mature the entire amonnt of prli?cipal and interest hereby secured~ and the ~ Associatian. immediately aad withaut notioe, may inst~itute paooeedin,s to foreclose this modgage and appiv for the appointment t of a Receiver. as 6eretnafte~ providai. . 5. '11~is a~tgage coatract provides f~ additionai advances which may bo mack at tbe option of t6e associatloo and secared by this awrtgage, aad it is ag~+eed that fa the event of s~ch advances tbe amonnt may be added to the mortgage debt ~ ~?d ahall iaerease the un~td balence of the note l~aeby ~d by the amamt of such advarae wd s6aA be a pa~t of said aote indebtednas under all the tams of said rate and this oontr~ct as fully as iE a rnw sueh ~wte and oontract wene executed ~ and delivered. M additioaal advance ag~reea~eut may be given and aooepted for such advanoe ar~d provit~on may be made for differeat monthly PaYmeats and a different interest nte and other aadificatiais of the oonhac:t. but in aIl othet r~s ; this oontrad shall remain in full foroe and effect as to said ind~Mt~ including all advanoa. t 8. IE aay of ths s~a o~ uwoey La+eIa refared to be not P~'~PUY ~~Y P~ wtthin 11~irtr (30) days nest after ~ tbe s~me sevenlly oome due and paya~e, or tf e~teh and'evay the stipu1aHons, agreen?ent, oooditions, ~nd caveo~b of ~aid ! pmmissory iwte and tbb deoci, or eiN~er, ore not duty pa~fo~med, complied with and abWed by~ tbe ag~regata smm ~~a?tlaoed ~ in said pcoa~iuory note and anr ot}~er amount er au~ounts sdded to tbe mo~tgage inde6te~.imdes tbe tam: of t6is matgage sball beoome due and pa,v3ble forthwith ar tMreafter at the option af the Associatioo, as fuUy and oonapk~ely as if said aggregate ~ o~awney was orlginaUy stlpukted to be paid on sucb day, anYthiaB in sdd psamis~o~? note o~ 1~eraln to the ooutrar~? not- . ~ . 7. To ddiver to the Associ,tjon~ aa a~ before Much 15t6, of eaeb year~ ~c reoetpts evida~cing tbe payment of ~al! Iaw- fuUy im tases for the preoeding c~laxlar year; to deliver to tbe AssocLtim reotipb evfdenciwng tbe p~ymeot of all lieas ~ f~~~ dne d~ an~rsnd all dv~eramental levies that ma~be ~made oa tbe~m~iat a apd to par or di~~ tLin ~'~Y Y: . Y 6~ Y S 8 W'~P~Y• S 8 : or rate, o~ in w~y other way resulting from the mortgage inde6te~ness secured by thts mortgage. ~ ; ( ~r/ , , Rf ~ ~ U B ~K 1C8 r~492 '