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Home My WebLink About0370 .w J.. ~t~- h•• f~fa~.M +1a? ~~,~.:.{:•.R ~ •..i s- • . • . ' ~r.~ ' ..~~rw+1M+?l~ . .!1r~it '~+~t ~ • ~ r -~r ~ fR.~. • .r . . l.~ ~ } ~ .:.~s?•...-_. . ~ ~ _ , . ~ _ ~ f i' ~ r , i . ~ . + . I ' . . ~ . ~ ~ . ~ ~ the Mart~aree n~ay st Ib option. maloa arh repairs as it dees~ a~oowtry and al~a~tuat~e die required inwrxnae. ; all st the ~a~pa~e c~' tb~e 11[ar~aror. My ama~tat paid by tbe Mvrt~a~ee on aaoount oi wcb t~ayca. a~lewnents. ; inair~noe P~'enuwe~,? lien~ chae+~e+ oc e+epain, ~tb ia~erat tha+eon fraoa d~e da~e ot payrt~eat dkreo[ by thc p~ty a~u M at tbe e~~a af 109f~ per annum, d~all be:liaa upon tba hareby morlga~ed and ~hsU be s debt +~~~Y ~Y~~ b3? dre Moct~ag~or forthrrith-upon de~nsnd, $ T. To pay ~u tbe Mact~ee when due snd pt?y~b1e the unount of all ta~oer, L~dudin~ St~te af Flarida inrome duces, ~ as~rnenb. public dues or char~es k~vied ac to be lrvied by ~ls~wr ~vithin ttu State of F1a~da o~ this moK~age . ~ oc an t6e ~e or d~bt or iat~a~t ~ecura! hereby. cr on the Mort~a~ e, by reauo~n nt the o~rn~ership oE t!~ mart- ~a~e a tha nota or d~bt ~eau~ed hereby~ oc on aooauat oE iuber~t denv~ed therefrom; but if the amount af such taxe~„ asKaantab~ pubtic due~ or char~ mentioned in this paragra~h. ta~ether with interest ar the debt iecured ~ hereby~ ahall acoaed the i~auimuia amount permitttd by law~ to be pa~d iac the ustof money in t~e Stxte of Flarida, . ~ then the M shall not be required to pay ~y such exoesa: provided. hawever. that if the aggre~ata in any aae y~ear~ intarst snd such ta~ces aeses~ed agaiast the Mectgag~e sSaA excxed wch maximum amount ~ • pamitted by laa Lo be paid for the us~ oE moncy in Flocida. the Mc~ct~ag~ may~ at ib ~tion. dedare ttic , p id ~ ea~tire iadebtadnas aecured herreby due and paya?bk upon 60 day~' noticr. If such optioa u e~cercised and natioe : giv~en. tben aPoa the c~xPiratioa of such 60 days' noticx, the enhr+e indeb~ednas xcured her~by ~t,all be due and payable, and nonpaymcnt thenof shall oonatituLt a default under t~is mort~ag~e, endtling the Mortga~gee to the accrcise of all x~gha arising by reason d thc happening of ~any othcr cvent oE default harcunder. Upon the paa~eag~e by the Stabe of Florida of sny law imposing ~ayment upon the Mortgagr.e af the ~?hole a~ ~Y Pahon oi aay taxes. asseaemenb oc other charges a~essed aga~nst this martgage er the nute ar othu indebt- . rdnas h~ereby ~ecurad, or upon the renderi~,g by any caaurt at c~ampeteat jurisdicdan of a deci~ion that an und~s- taking,by the Mortgaga~, as haYin provided~ wpay any such tsxes~ aerees~neats oc other charges is legal!y in- o~xrat~ve. then and in any aich event the debt h~by recured. without deductiou, ahall~ at the option of the M~ag~ee, beoome immediatdy dut and PaYable~ not~nthstanding su?ything oaritained in thie mcx~tgage or in - sny law l~retofa~e a~ hereafter enacted. . a. To ~tify the Moctgm~~ee at onoe of the oo~nmenoement of condannation proc~eedings o£ sny character affect- . .ing the naortgag~etl ps+aptrty. ar anyp~ thereof. Ia the event that the mortgaged ~p~t y• is ahally condemncd, Lhe M ~ag~ ahatl reoeive from the Mortgag~ot aad/cx tt~ pmo~eds of sudt oonde~nation pr~ooeedings, the ~ balana~oE prina~paI ttimaining unpaid on said promi~sory aote~ ~nth in~eerest tl~ereon to ttaa date payment is • r8oeiv~d in Hartfard, Cnnnecticut, and xU other indebtednas secured by this marpgz~gm, aayd ~rith attorney'a fees. oourt ooab snd all othec Elcper~sa incurned by the Mart~ag+ee in ooanixtion wntb such oaademnation. If~ d~ m~8~ P~Y ~ P~Y condcmned, the Mortga~ee d~all hav~e tb~ right ami option to deter- mine tlit amount of wch oondannation pro~eeds as it ~viU roquire Loward the reduction af the mo~age debt~ ~vith intccest thereon to du date af paymtnt and, in addetion th~re~to. t6e Mart~agar sba11 pay to the ll+i~rtgagee aU attornty's fees, court oosb and otber expenees incurred by the MoRga~ee ~n oonnectioa rritb s~s~h condem- ~ ~ nation. T'he Ma~ ahall have a lien on any money udgrnent cr award giv~ ar mad~ to. or ia favor of. the " Moct~sgar as s t oE any such oondemnationprooee ~ings oc as a result of any e~ccercise af the right of anin~nt - doznain ~+hether ar not the same is made tt~ subject ot oourt ings. affecting the hereb mort- al ~g ` ' ga~ed. or aay part thercol. Nothin~ herein s~all be oonsidered as a~ of ther ht of th~pMcxt~gagee to be made - . a party to such ooadesnnatioa pr+ooeedinga, or ~y prooeeciir~g~ aSecting tbe t~'de to aaid Pr~opatY~ a' ~Y Part thtreof, and shall not obviate the naxssity of making the Moctga~g+e~e party thereW. . . f..:, 9. In the event all or any portion of the pmperty hereby mortgagtd is included in any draiaa~e or other impr~ov~t- ~ ment district formad or authari~ed subsequent to the date hereof~ or in thc evait said P~P~Y~ ar~Y P~ ' ~ tbertoE. is in a drainage oc other improvement district as oE the date hera~f and aub~equent to tt~e ~ate bereof the bonded iadebticdneas of such district is iiux~raaed or the district is suthcxired to make sddi~r d aesese- menb fac improv~emepb in excess oE 15°J'o af the a~eeaem~nt in foroe and effect as of the date 6er+eof~ then in any . af wch ev~nb~ the•Martgagae may, at ita aption, dec:lar~e the catin iu~debteaci?~tsa he~~? sxurai due and p~ys~ble ` upon siac moadu' antiae. If wch aption is acaxised and noticeg~~?en. thenupon th~ acpuation of wch six months' ~ notioe. the entire indebtedne~ her~rby secus~ed shall be due and payable and cwnpayment ther~of :hali oonstitute ~ a default under this mo~age and the sarne may be collected by faceclosure or in any other manner pcovided ' by law. How~ver, if thc Martgag~ pays the said additional a~ssment in c~as6 w?ithin sa~d ai~c menths' perivd~ , i~: then the right of the Mortgagre to accelerate the debt secured henby~ foc said specific uonPaYment, shall ter- rninate aa to wch default, wnthout in anq manner a8ecting the hts of tha Martgag~e und~r any othu exiating or sub~equcnt default under this mortgage ar the nate secured~ereby. If said aseeseinent may be, paid in in- stalments, then, at theop tion of the Mortgagee, the Mortgagor raiay avai! himself of such pnvilcgc, and t6ereafter no right of aooeleration shall be available to the Mortga~ce unless a default occurs under aaid instal- ment payments aAd a~aid default ia not cured in tl~irty days after ib du+e date, in which event, the Ma~tgagee ~ may~ at ita option, elect to acceierate the mortgage debt and proo~ed with the ooUe¢tion and/or forecloa~re thaYOf. 10. To pay pranptly all inatalmtnts due others upon agreemcnb of lease oc conditional sale contracta of al1 fixtures. r~ furnishingr and aquipment located on said praperty. 5hould tha Moccgagoc fail to make any aucb paymcnt, _ ~ the Mo~rtgagee may, w~thout demand or notice,pa y or aatisfy the same and the amount eo expended ehatl bear interest at the rate of 10% per annum and shall be pa~?abk by the Mortgagor bo the Mactgagee up~ demarid and shall~ with t6e inta~cat thdxon~ be e~ecured by th~s mortgag^t. All windmills~ PumP~~ PumP?nB Ptants and ~ irrigation ac drdi~ge equipment used for the ~'mga tion oc drainage of said propaty, or for atoek ~?atering oc , domestic purposes tharoa. all uaota~s, engines and devias for the operddon of aaia windmilla. ~umps~ pumping f.-,_ ~ plants and imgat~on or drainag~ equipment~ all refrigera.tor systems, fire pnwention ami eztin8~? g P~~0. „ . all lighting. hrati and ventilatirig 6xtuns and equipment, and all motc~s, tngines, dynamas and~~krs. now or hereaftax instzl~ed in, on ac ai~out eaid pcaperty~ irnspective of the manner af u~atallation~ ara and/or . immediately upon the installation thereof~ shall beoome and be fi~ctures aud a part of tt~e realty and ahaU not be removed fram said propcxty withaut the written consent af tht M~rtgagee. 11. . To pay to thc Mortgagee pr~nptly upon demand all cvsts, encpenses snd attorney's fees~ inctudin~ the oost oE any titte examination, wpplemenbl abstract of tide or titk is?suranoe, that may be incurrod by the Mort~a~ce ` ~ ~ in any proc+eeclings~ legal or otherarist. affe~cting the martgag+ed Fra~trtY. or any part tiiereof'~ ar the title thenLo~ ~ ; or the validity or preonty of tbis moRgage, or that may be ir~curred by the Mart~ag~e by re~~son of the [ailure ; , of the Mortgagor to keep and perEarm any of the covenants oc agr~xmenb oontai~d her~ein ar in said Promis- E .~t ' ~ory note. A1i such oost~ expenses ~nd attarney'r Eas Qaid b~? thc Mortgagce shaii bear interest frc?m the date ~ ; f~'• ot payment thereof at the rate ~ 10% pcr annum unt?1 repa~d by th~ Mortgagor and shall, with such inttr~st, be a part of the debt eec~r~d by this mortgage. ~ . ~ ' ~!Z. In tbe event o( default in the payraeat of tbe praniesocy aate b~reby securad~ ar any part thereoE~ cx an r~r?e~val ar extension tl~ereof, or if the Mort~agor shatl be adjudged 6ankrupt a~ ahait make an aasigranent fuyt : the benefit ~ cxedit.ocs, or if any Pr'ocx~dings shall be taken against the Mortgagor looking to the appcrintamex~t F ~ } Pagc 4 ~ FI . ~~~~~3 36g ; ~ , M , . + . . . . . J..