HomeMy WebLinkAbout1315 t,! u~i`• ui ?}i~~ te~rm., ~•u~•~~nunt, ur uknY•tui•nt, ~~f thi; ruurt~;a~;i~, th~~n iu ur t~stlie~r i~f ~e?i~i r~•t~nt,, ihE~ ~sh~rle uf the
inilt~l~tt~~inc~., li~~ri~l~~~ tic~~•ttm~l, :it thc uptiun cif tlu~ inirrt~~?~;f~c~ or t}it~ l~~Kt~l t~ol~l~•r uf ~.~i~i in~iE~tit~~int~,ti, shall he~•~~n~~~ imnit~-
~liatrll' ~iue:in~l }~:i~•tit~lr ~~'itt?u~~i tt~tict•, ~~r in the e~t~ent ui tl,e pt~.~.,x~,•r ttfter the ~late uf tiiis mort};a~e u1 uri~~ I:?+~~ uf tl~r
~t~~t~ uf I~'I~~ricit? ~leiluctin~ irum ttie ~~iilu~~ uf liin~l fur t)ie purpu,e uf t:?x:ttioi? :~ny lien thereon, c,r c•h,~n{{in~; in :tn~~ ~~•n~•
thr lu~~~, nu~~• itt lur~~e lur the taYilllUll Of IIlUI't~uK~S ~>r ~lebts tic•cttrc~cl bY niort{~.i~e.v for :~tate ur lucsl ptir~>u,es, or th~
~Y~zuiner uf t1i~~ ~•e~lle~~tian uf UII~' :;tt('~i luxa~tio~i ,c~ us tu ttt'fee't t}I1:~ IlllJPt}~2i};t' 2i1~~'!'i.,c:ly, the hul~lc•r ot tlii~ m~~rtKugc~ tin~i
uf tlit~ ci~~F~t tchic~?~ it ~r~~urt~s, ,t~ull h~i~•e the riKLt to };i~•e t}iirty ilttl'~' ~~'ritten nutice tu the un•ner ~,f the ~ranted premisrs
rc~yuirink the pu~•ni~~nt uf tlit~ murtK:iK~~ ~1~~ht, :in~t it. i, her~~by .~~rcti~cl thut, if ~u~'il Ill)tlre l~e gi~•~~u, the uii~l ~Iebt ~hall
h~~~•ume ~luc~, payut,le un~l culic~ctil~ir ut ttie e~pir~iti~~u uf ::ai~l thirt~~ ~1a}~:~, zin~i upon the morta~{c in~lehtE~lne,~ becom-
in~; ~lue rin~l p:i~•tit,le ii, }ieretuiure pru~~id~~ii, the nwrtKz~gur ,hr~ll rcfreiiii from i•ullec~ting:ind recei~~iti~ ull rent, riccrtiinK
ufurt~~tii~l :uict upun ~ioti~~c frum tl~e murt~u~~'t' ll~I tt'IltUll~ tilltil~ l~lerc•:ift~~r pz?~• ~u~'}I CPIIt~ tU fI1C Clll)I'L~7,ki~,f'N, sud ziny
pa~~mc~nt m;ute uther~~~i.r ~htill nc~t ~~i~cEiiirKe~ th~ obfi~tttiun5 uf ~ur•i~ tenant, an~l tt~e n~u:t~a~~c~ ma~~ itt~mecliatc>l~• cattte
thi, IIIOf1~',ilKe tu be forc~~•lo~r~l in the munner pre:~cribe~l t~}~ lct«', anel Il~Oil comtnencement of fu!'ec~lu~ure proc~c~c•~lings
~hali be eniitic~l tu lia~~e r? recei~•er rippuint~~l, u~tiether t}ie~ murt~;fi~c~! pl•emi,e5 are humt~stE~x~i or nut and ~~~ithout proof
c~f .1I1~' ()t}i('C ~t'Utllll) tUl' ~11~ 21~j~U1111.I11EIlt tflan tlic ..?i~l clE•fa~ilt, to take pos.~e4~ion sind charke a[ the mart~x~e<I premi:~e.~,
tu rc~nt the sun~c~ zii~~l re~ct~i~~e an~i ~•ullect the rents, ia,tte•, <~ncl profits tt?ereuf, un~ler dirertion of the court, and any amottnt
::o c~>Ilerte~l b~• ~uch r~~c~•i~~er shall be applie~l u~xier ilire<~tion uf the i~uurt to the pu~~ment of an~~ jucl~ment. renclered,
~ ur ,imounts foun~l ~iue upon fort•clo5ure of thi~ mort~uKe inclu~.in~ the cost of collection ~ind rea~.~anable attorney'~ fee,;
un~l, iri the e~-ex~t uf an~• aefti~tlt or aefa~ults in the p<?~~ment uf tt~e in~iebtecine~s hereby ~ecured, or of an~• in5tultment
tl~<•re«f, or of intere~t tliereun, or in the pc:,form;ince or obser~~:~~iee ~,f t~ny of ttie termti, c•ati~enunts or uRrc>ement~ here~n
cont:~ineci, thc mort~aKee ~li~ill have the right forth«•ith tifter :tn~• sitci~ defue~lt ta enter upon and take po~es5ion of said
mort~agecl pretni5e5 anci to let s~iid premi~es utui receii~~: thF rent>, i,~ue~ an~~ profits thereof, anil uppl~• thc sarnE~, £iFtP.[
j).1~'711C'ItL UI 21II !lE'Ce~ir~• c1iACgeS lllll~ Ctpf'I1~fS~ OIl til'l~inint of the indebiedne;.5 hereby secured.
"The ~rcx~e~~cl~ of aaid foreclo,ure shflll be upplied, fir~t, to the e~~x>nse5 inrurred hereurder, inclucling a rea.son-
able attorne}~'.5 fee for sucli ser~•ire~ c~.5 may be rencier~~cl for ttie c~ollection af ~i~l indebteclne„ :tnd the foreclosure of
tl?is mortgtsge; 5e~~onc1, to tlie pa~~n~ent of ~~~tifite~•er su~n or stiins the murtgagc~ may ha~•e paid or bc~c~ome Iiable to pay
in carrying out ttie options, terms nnd stipuliition. of t:tii~ mortgage, together ~~~itti interest t.hereon; third, Go the pa~~-
meirt anc! ~ati~fuetiun of sai~i note; u~id ~'ourt.i, the ~urplu,, if uii~~, sti~ll be ptiicl to the merLgagor or other~s~i5e as the
court may decrec~.
The mort~zigor tiereb~• ugrees tl~ut, in the e~•~~nt mortgugE~: ~l?;~11 place the note hereb~~ sc:cureci in the hands of
ait .ittc~rney after defat~lt or afte; maturity for collection or for foreeio5ure, he ~~•ill pa~~ such rc:usonuble attorne3•'s fees ~
a~ t+re :luthorized b~~ ltt«•, together ~~-itk? the cost of rxtendirig the ~ibstract :ind :~l1 court casts and all expenses praperly ;
paici or incurred hereur.cier, and same are hereb~• ~ecured. '
Thc murtgagor fier~ b~• rtssi~5, trfinsfers ~nci con~•e~~~ unto ttie mortK:zgt~~, its succ~e~sors ~nd a.45it n~, the *ents
:icci-~ie~l un~l tu acerue from all ten~~nts in occuprLnc~~ of the martgu~;ed premi~s, or an3• part thereof, :ncluding rentals
xn~i ro~•filties under oit, itnci in;nerfii leu~e5, if an}•, during the iifetime of thi~ mortgage, it t~eing understoocl that
as long as there i~ no default in the perfarmance or ob~eri~unce of any of the coveuants or agreements herein contained
thE mortgu~or :;hall h~il-e the pri~~i(ege of collectin~ and receiti~ing 3l1 rents accruin~ tYnder lease~ or contracts of tenancv
for the rnorigage~l premi~e~ or ~iny part thereof.
'I'hc~ mor±giigecl premise~ being locateci in the 5tate oi Florida, thi, mortg:ige and the rights and indebtednu~
h~reb}• sc curecl ,hall, ~~~itho~at re~r?rd to the place of contruc•t or payment, be con~trued and enforcecl uecording ta the
la~~-, of the Strite of I'lorid~i.
\uri~~itlY•tanding uti}• pro~-i:ion tierein or in ti:ii~l note, the totai liai~ilit~~ for pat•ments in the n~~ture of interest
~ ~h~ill not c~xcc~t~,l the limits no~~• impo`e~t t~}~ the u~ur~• 1~~«~~ of the ~tate uf ~'loricla.
~ I\ «'I'1'\F,~~ «"IiF.RF.UF', the said mortgagors have hereunto set their hands and
seals this 10 day ~f June, 1965.
E
~
~
~i~;n~~~;, ,tlr~cl ::ncl ~lE• i~~ere in thc~ prc~ence of
~ ,
, '
; i ~1~,~,
f
~ :
- ~ - - - - - --(sF~,':11.)
, ~ Ernest . Settle
l..C . „~C..7+~J - - - - - - ,.d"
_~G;~!"~+~E_1L)
s l~ine E. Settle
- - - - (tiF,:tI.,~
- - - - - - - l~t~;:iLl
~'C_1'Cf: Ul~ FLOI~II):\
('(~['\'I'1' ()F ST. L(ICIE ~
~ I, S8m C. G&y ,~~n afficer duly authorizc~l ta take acE:no«-ledgmenL~ in anrl for
~:iii1 ~t,it<~::n~i l'~~luit~•. ~lu hc,reb~• ~~~~rtii'~• th.~t Err_est E. Settle ~in~i Maxine E. Settle
,}ll'i ~S'ifP~ bpth uf «•hom are to me ~i'e11 kno:~n, anc~ kno~i~n ta me to be the individuals described in
unrl ~chu e~c>c•i?t~•d tf:e fore~oin{~ in~t.rument, personully appeared before me this day an~i did ~e~'erall}• aeknon•lec~Ae
to :in~l ]~efore mr~ th:~~- th~~- executed y~id in~trun~ent for t~:e purpa~es therein etpre~.~ecl; and the said
Maxi,ne E. Settle ,«~ell kr,n~~•n to rn~~ to be the «~ife of ~uid Ernest Settle , upon
BQUK ~~t~