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HomeMy WebLinkAbout1825 ~ uf :?n~~ of thr tc~nn,, cu~•enunts ur t~grc~emen~~ of thi~ morigage, then in un~~ or t~it~er of s~ti~l e~•ent~, the. e~•hule of the ir~~.lebteclnex4 hereby :~ec~ured, at the c;ption of the mortgagee or the legal holder uf ~i~l indebtcvlne~, tihall bc~~ome imnn~ ~lixtely ~iue ancl payr~ble ~~•ithout notice, or in the event of the p~e atter the date of this murtqage of an~• la~~• of the titttte of Florida de~lurtinq from the ~•alue o[ land for the purpose uf taxatiun any lien therean, ar ch~n~ing in t?:~Y ~~•ay thc law, now in fome for the tttixation o[ mortg~e3 or debts secured by murtgr~es far State. or 1a~a1 purpu~es, or the manner of the ~~ollection of any sucti taxatiun ~c? t~ to t~f[ect this mortgtige ad~•er~ely, the holcier of thi~ mortgt~e and uf the dE~bt tvt~ich it sc~ures, shall have the right to gi~~e thirty days' written notice to the o~cner of the granteci premises rc~uiring the payment of the mortg~c debt, xnd it is hereby ~?greeci that, if sucli notice t~e gi~•en, the sai~l debt shall t>ecame due, pa~•able and collectible at the e~piration of ~id thirty day:;, and upon the mortagge indebteciness becom- ing due an~~payable as heretufore pro~•iaed, the mortgagor shall refrain from collecting und receiving all rents accruing ti.ti ufore.~aid and upon notice from the mortgagee all tenants shall thereafter pay surh renta to the mortg~ee, and any pay~ment made otherw~ise shall not discharge the obligations of such tenant, and the mortg~gee may immediaGel~• cause this n:ortgage to Le foreclosed in the manner pre~cribeci by lan•, and upon rommencement of forecloc;ure procecdings shall be entitleci to ha~~e a reeei~•er appointed, ~chether the mort.gaged premisea are homestead or not and n•ithout proof of uny other graund for hi~ appaintment than the ~id default, to take pue.~ion and charge of the mortgaged prer„iyes, tu rent the sam~ and recei~~e and collect the rents, i~ues and profits thereof, under direction of the court, and any amount ~o collected by sucti recei~•er shall be applieci under direction of the court to the paS•ment of any judgment rendered, or amounta found due upon foreclosure of thi~ mortgage including the coet of callectian ~.nd reasonable attorney's fees; and, in the event of any default or defaults in ihe payment of the indebtedneas hereby secured, or of any inatallment thereof, or of internst thereon, or in the performance or observancc, of any of the terms, covenants or t~greements herein contained, the mortgagee shall have Lhe right forth~?•ith after ~ny such default to enter upon t~ncl takP pae~.sion of said mortgageci premises and to let said premises and recei~•e the rents, issues and profits thereof, and apply the same, after payment of all necp~ary charges and expenses, on account of the indebtedness hereby secured. The proceeds of said foreclosure shall be applied, first, to the expenses incucrecl hereunder, including a reason- able att:ornev's fee for such services as may be rendered for the collection of ~sid indebtedness and the foreclosure of this mortgage; se,~cond, to the payment of whatever sum or sums the mortgagee may ha~-e paid or become liable to pay in carrying out the options, terms and stipulations of this mortgage, together ~ti ith interest thereon; third, to the pay- ment and satisfaction of said note; and fourth, the €urplus, if any, shall be paid to the mortgagor or otberv~ise as the court may decreQ. The ricortgagor hereby agrees Lhat, in the e~~ent mortgagee shall place the note hereby secured in the hands of an attornQy after default or after maturity for collection or for foreclosure, he «ill pey such rea.sonable attorney's fe~s t~s are authori~ed by law~, together with the cc~t of extending the abstract and all court costs and all expenses properly paid or incurreti hereunder, and same are hereby secured. 'fhe mortgagor hereby s~igns, transfez~s and con~~eya unto the mortgagee, its successors and r.ssigns, the rent~~ accrued and to a~crue from all tenants in cecupancy of the martgaged premibes, ar any part thereof, including rentals and royt~..lties under oil, gas and mineral leases, if any, during the lifetime of thig mortgage, it being understood that as long as there is no default in the performance or observance of any of the covenants or agreements herein contained the mortgagor shall have the privilege af collecting and recei~~ing all rents acciuing under leases or contracts of tenancy ' f for the mortgaged pramises or any part thereof. The mortgaged premises being located in the State of Florida, this mortgage and the rights and indebtedness hereby secureci sha11, w•ithout regard to the place of contract or payment, be cunstrued and enforced according to the la«~s of the State of Florida. ~'otwithstanding any provisiun herein or in said note, the total liability for payments in the nat~ure of interest• 5ha11 noi exceeci the limits now imposeci by the usury la«•s of the State of Florid~. Iti «'IT\ESS «'HEREUF, the said mortgagors have hereunto set their hands and seals this 17~h day of June, 1965.~ ~ Signed, ed anci dcli~~ered i th~ p~•e~ent~e of _ ,'~K:, ~ ~ - ~ i . ` J'~ ~ f A ~ ~ `J- ~j/'.- y-,! ~ - - - - - - - - - - 4-~`= ~ 4 - - - - -ll-'-' ' -"(~='C'- - - - - =-~AL) , . L. Nat son ~ _ _ _ SEAL) - - ~C , „~~.-r+~~- ? - - - - - - - - - - A =:E.~,,,._ - - - C~ - Monica Nathans n ~ - _(SF,_1I.) - -(~EAI.) S'I':1TE UF FI.c)itlt~:1 COt'\T:" OF ST. LUCIE I Sam C. G~y ,,~n officer duiy aiithorized to take acknoti~lecigments in and for ssid Stnt~ and C'otint~•, do }iereb}' ~~ertify th~t DR. S. L. NATHANSON ana MIDNICA NATHANSON , his ~cife, bolh of w•hocn are to me ~•ell knon~r,, and kno«~n to me to be the individuals described in and ~~ho executed the foregoing inytrument, personally anpeared before me Lhis day and did se~•erally acknowledge to and before me that thev exc~euteci said instrument for the uurp~s therein expre.sseci; and the said 1~1C'1NICA NATHANSON ,«~ell kno~~-n tu mr to be the ~~`ife af ~aid DR. S. L. NATf~ANSON , trpon ~ ~ ~001( , , ~rJ ~~~~i2o ~so . . _