HomeMy WebLinkAbout2358 ait~1~Y~~K'~'WY'~`wrI'?'~~1~~'~~~R~i. f.'~1+~' wwy'.
: ~ - - .u.. . . a¢~.wYw~w-.,.~r.~..~Wr~'w"y^y-y~yywT.~ Ta~ vw--y ~~r~i .~.r_~_...._. ~ ~ ti~-~..~-Y~~.
~l ' •
l
( ~
` , , w• ' '
~ . i • t ~ 1 ~ , ~ f ~s ~ ~v'
. , . . ' . . i ~
. . r~ ~ ~,r S •
' ' • ~ . . .
` Pio~ld~d ~wi~i-~ 's~r1d tbe~e praet?b ~t+e Ypon the e~cpn~s oond~liop that i[ tha nwct~a~ar+~ f~ball pty Lo die
mo~a~ee diat oert~ie ~pro~atirory awte of eMen dste lr~~rwitb. PaYabk to th~ aYler af the nfo~t~a~rc~ in t6e pri»=
d~ WiW~ W w .w~ ~r ` ~r ~ • • ~ ~ w ~ ~r w ~r • r ~ +w rr ~r w~ ~ ~r ~ ~ r • ~ ~ ~ ~r ~ •
' , « ~ ~ • ' . ~
w ~ ~
~ ~ ~ ~,?~t
a~ ~ , ~~~,c , ~i~ ~wa ~ .
, iat~.c payabk «i che term. u~,a ac t6~ r,?te pr+or?~a~a ch~in; ~atl ~+cne..als, e~en~n. a ~aoa;~cs?cion. of
sai~d ~tc; a~d shall du1y~ w~rnPtly and tu11Y perform, discharge, e~ecuce~ effect. oomPk~~ oo~tY wich u~i abide
' by rs~clr and avery cov~enant, agreement. obli~ation, c~nditiocY snd stipuls?tioa ~~id prrnni~eary notc and of this
martSaSc deed. each and evr.t~r~ then thia aaortgag~t and the estate hueby rnaLed ahall a~ee snd be null and void.
AlrD the said mort=+t~om co~sar~nt with the said mart~a=ee as ldlow~:
That the said ma~rtg~agors shaU pay all and singular thc principal and interest and other sums of money
. P~?Yabk ac~ooarding to the tennr of said note and thie mortgage. All wms not paid when due ahall bear inta~est .
at the rate of ten per oeiatum (10%) per annum until paid.
. 2. That the aaid mortgagors sbaJl pay, before they becomc dali.aq~ent, a11 t~~cs and ae~erments of every
natw~e a~ecting eaid p~ptrty, and all otWer cbarges and encumbranoa ~rhich nowr arc~ ar b~raaitcr ahaU be~ or
appear t,a be a liea prior to this mortgage upon the said propecty ar any part tha~eof. Ia default thereof said
~6~a ~Y PaY and discharge eaid taxes, a~aaments, charg~es and encumbran~oes, aad pay auch ~ums oE
money as it may deem neoessary ther~efar~ and shall be the snle judge of the validity~ IegalitY`'a" P~'?t3' ther~Of t
and cverY R~?Ym~cat so made ahali bear interest at the rate of tea pec oentum (1U%) Per a~nr?um and be eecured by
, th~ tien of this mort~ag~e.
3. That tht impmv~cnnents on eaid premisea ehall be maintaiaed in sound condition and in good stipair~ sud .
t6at na buildia~ oa the aaid prrmiscs s6aU be remaved, dtmalishcd or s~ubstantislly altr.r~, nar ahall any 5zturc
oir ardrles of persanat pr~aperty cov~ered by this mortgag~t bc rs~n~arvai without writun conseat oE th~ said mortgagee.
Sfwuld sa~d c~ortgagocs fail to make wcb neassary npairs, tben aaid mcxtga~e may, at ita option~ make such
rnpair. o~ rrmecly any wrasae. and $ny wch .un~s ea~nded by ~aid mortgag~ee s6all be immediately due and
PaYa~, and shali bear intereat at the rate of ten per oentum (10°I'o) P~' gnnwn.
4. That the ~aid uxutgagore shall keep the buildings and 'unprov~ements oa t6e said pranises aad articlea of~
P~~ P~r ~ bY ~~B~ ~~t loer bv firre and against lose by wch hazards ae may be
rcqu;r~d by ea;d m~cgagee, in such fosm and arnouna and in such coaap~uiee apprav~ed by said mortgagee,, Ali
wch poiicies ~hall be deposited ~vith a~id mortgage~e ~rith peemiw~ns tully p~epaid and aith pmpa mortga~gee's
clauees attacbed ther~tto. Said m~6~o~ra +a~8ret. ia tthe event of ~eny lc~? under any policy of insurana, that.th~
~ prooxds shail6e paid dir~ect W eaid mortg~gee and said mattgag~ae may, in ita oole discc+etiun. apP1Y the amount w'
eolkcted, oc any part thereof, on t~ indebtedn~as hcreby eecured in ~vhattv~er u~anntr said mortgagee may deera e~. ,
advisabk~ or toward thc crepair ~r reatoration of the damaged p~eraira~ or a»y pa~rtion thaaof. In ca~e said :
~no~tgag~ora fail .so to insurr as herein a~reed, tbe s~aid inortgagroe is ha^~by autbori~ed to pc~o~cur+e and~ PaY for such ,
fire or other insuranr.e; and every such payment e6~lt bear iAt~st fr~a the date ~f at thc rate oE ten per f• s
centum (lU%) Per annum. . '
5. That the whole oE e~aid pcincipal suai'shaU becor~ie due and P~Yabk. at the option of t1~ aaid mortgaSee~
~vitbout notic~e oc demand, aft~r defaul~ in the paym~ent af any itutaUnneat of principal ~ interest for ten days~ or
~fter default in tt~e pay~nt of any ta:,-asee~nent or insuaa,nae prefniuaa~ ar ~fter d~fault in the perforananct of
any covenant l~rei~, and the mottgage be forack~ee~d~ and aU eosta aiad expenees of ooll~ectian of s~id moniea by
forecloeure or otherwiee; incle~ding attar'aeys' fees and 'coets of abetraict"of title or otbex title expenee, ahall be paid
' by the said cnortgagara and eecured beeeby.
~ 6. In tbc e~went auit i~ instituted to forecloee fihis mortgage or to enforae payment of any claims hereunder~
the $aid mortgagce shall be tntitkd to the appnintment oi a Reoeiver to take charge of the eaid property, to catlect
~ f the rents; i~ues.and prafits therefrom, and to car~ Eor same, without proving insotvency, ar any othrr graunds for
extraordinary relief~ and the said m+artgagors hsreby cunseat to auch appointment~ and such appointmeut ahal! be
~made by the Court having juriediction thereof ae a ariatter of right to tbe mortgagee and irithout reference to the
adequacy or inadequacy of the secwity. or to the eolvency or inealvrncy of tbe mortgaga~s; and all renta, profits,
inoo~nes~ iss~s and reven~ of said raortgaged praperty are hereby aseignad and pledged ag further security for
gayment of ihe mortgage irMiebtedneas with the rigtit on the part of the said raortgagee at any time after default
hereunder to demand and receive tbc sazne au~d apply th~ samt on the mortgage indebtednes~.
. ' 7. That in the event tht property subject to thi.a mortgage, or any part thereof, ehali ~ae oondemned or taken
for ~ublic uee under powers af eminent donnain, the aaid mortgagee sh.aU hav~ the right to demand that all money
~ awarded far the appropriadon tt~ere+of~ or daxnage ta eaid landa and premia~s~ e~hml~ t~ paid to tiie said mortgagee
up to t!~ ~mmaunt of the outstendin~ indebtednas recurod by tbis aiact~a~e.
8. °X'hat tbe said martg~se may~ from time to ti.me, actend the time aE payr~ent of said note w aubsequent
o~vr~exs of said landa. without notyoe ac request from the inakers d oaid note~ and any wch eactension of time of
l~Y~t ~hatl nat release th~ an~becs fraca liability ,oa aaid aote.
4. T'hat in t}~e evrret af tht p~age sit~r thii dau of any la~r of thie State of Fkwrida~ deducting fmm the
~ vslue oE land far tbe purpo~es of taxation any lien tba~eon~ or changing ia any manner the lawrs tor the taxation of
mort~a~es or debts, cx th~ asaancr of oopec~ioa of say wch +ta~oes. +~o as to aHect thi~ mortgag~e, the holder oE this
moct~e snd the debt whith it eecur~es shaJl hav~e tbe reght to give thirty dsys' enrit~tcn rwtioe to the cnvn+er of tEk `
moctg~~ed ~ r~quiria~ t6~ P~rinent af the mottgage d~bk If wcb notioe be ~iven tbe wid debt shal~
~ beaome due~ P~tYabk snd odlech'ble at the end ot thirty daya If~ 6awev~er~ ti~e wid mo~tg$gon shaU pag?.and
~ dvchar~e evecy weh taz lrvied on thi~ moctga~e or d~ ~ht wh~h it ~ecureti and wch payment ar~d diacharge by
~ th~r s~i~d moct~nrs bc lawfut. thea t6c holdcr of thi~ mortga~e and of tbe debt whicb it secur+~a a6a~11 not have `
s . tt~e ri~ht or slactiwa to Qiv+e th~e written notice above ~ far the purpo~e of r~uderin~ the mortgrage aebt du~, y
. ~ ~ ~~~6 557 E