HomeMy WebLinkAbout0534 T06ti!/'iQ ali ~?d ~en~tlyR . . . ` i~ Mi~pp~r ~teM ti~rM~b D~ion~io~ os in 1~7-
wi~s th~wuW ap~inir~ ~nd t1MS renta, ~~ad pr ~waed ~Iw ~ tM ME~?M? ~ tit~i~. iater~at ~wd w~l aWm
and d~maird v~1~sY~~r, ~r wall ia i~w aN in~ qai~q?. d ~~e tin ~nd b idr wnw ~t~t ~wt ~?iMd to:
(~J M reu peollb. wr~nnaa. ro7altie~. ?'~t'~ir anoi b~wAi~ iee;wd ho~ (1~ a'ap~ ~nwR on Nid ~utiw ~d pco~ne~
of ZM ~wdl ail, oe min~ee~l 1e~~ a[ ta ~e~mi~w ar ~1lwcra[ ao~r airW~ ve Lar~tt~r a~d~, ~rit~ t~
~as ~ t
, ritit b r~w rad r~e~ipe the~rdor ~sd~~ Ws ~ms to t~? i~t~~~ ~tbnr l~aer at i?tt~t ~ ddwk
berwu~r~ aed auw d~eaaad, m~e !ae aod reeo~er ~ naslr pytnrrb L~t ~i1 ri~ut fw rpnired r~ to do, ~ed (S) rll
d eaa d
ntl~e r~et~, i~~u~t proAtr d!hr pnmi~ d+o~ time b d~e aew~a~ wMtwe wn~r bwa ae Nrfse~ie~ ro~ ~tin~ or
~e~i'Mt to ~r,~oww~0. ro Ioot ar D[aetsarut i~ aot ~ de~sWi 6eeeo~dar~ t~e ~ht to e~se~w ~ad
nt~in Ws~_t~,~ qroAt~~w e~w (1 ~sd (3) Mrrir?.
(b) AH ~a~rn!nM. ~ne~d~ ot d~~ ~~tlrw~l~ 1~erwtier ima+ds~~ 1lhaim aoa~a~nwlioai~~~~' r or tM
p~ d tIM pew~ws or aq~ part Lbe~rat aqd~r W pw~r d~t doamain. oc foe wr dati~ iwh ~aeh
~ oe o~ewi»~ fu ths peami~ ar tM iaapeare~~b ther+~o~a ae W O~e't ti~eeat~ or tn aa,~ r~hta ~art~e~uL .
inalu sw~rd for eh~ d~a[ streets. ~s ~ wtboeiaNl. oa b~l[ ~ad nt t6s ~ae a~ Mort~ar
to eaoeo~ s~?d d~Hi~wr ~~id ~eti~it ~rd W~~ truau ~naL jadrnenti ar ~?ward~. M m~ ~ppb ad~
weD ~u~s Qt ~qy Pr?t ~reof w neeiwd, after tbsp~man t d~~ir~es. iaelad~ eos1~ wd~s~ena~s• feM. oa W
iad~btednr Npe+ed 6~rsb7 in ~ne~ mrnnsr ar it ~le~ir, or. at i~r optioo. L~Wa aauoant ar a~qy part Lhee+eaf ~o r~eeird
m~ bs ra~eMeti.
'1'O 110~ AI~D 'i'd 1[OLp Ws r~bc?» ~ranld a~d dNaei3d p~rairM to MQSt~ee. i~tr weaeru~s ~d~u farsv~er,
~nd ~art~~a' dQas ~ersby~y ~r~rr~nt t6e titM b rid~~, and will d~[~nd t6a ~ns a~wt ~s lawinl d~imi d alS peraoa~
who~msoerer; pror'idd ~iwyr tbs! it l[or~a~Or ~hril piyy t~o Matf~yes t~sL oett~in promtruty note aDove dt+~ibed and ehall
perlocm al! oWNe oova~ata aad ooadit~ioia d said proae?ie~o~ aute, and so~ reaewal, ~ a modi6oution thereof,
wr?d d thir aaiart~a~n, t~n t~hir mct~s wwd t~hs wtr?b ]rara~y ereMsed ~11 ea~~s ~aad be nal! an~d wid. '
Mo~oe iarf~er eaveeuiata aod ~rees with Mart~~es a~ toib~s:
1. To p~,y aII wms ' ndi~ u?terat seearsd hersby whan dae, M.provided fac ia a~iddpro~uror~ note wnd~ay ra~v~l,
ea~tenaion or aadi!{eation~t~Aae+ed and in tlw mart~~s, al1 ~h sams to b~~p~sb~ io
~w~h~l m~ey ot t~ Unitied $tates d
Amariei sL Ddortr~rls'r ~!'otWr~ud prineipul onles„ ar? r?i wak at~bwr ~+1r ~[~ef~~l~e.ms,~r d~naLe in wriL'u~.
2. To psy w~hon dne, +nd withoutre qsr~g aay ao3ioe from Mor~~gee, ~ll t~as, sseeesmenta d aay Lypa ~ nsture aad
other ob~+s levied or ax~eed t tme nre
~sias premaee hereby sn~ambered and produoe reeoi~pts thee+etor npon dsm~wd. To
immediatetY paY aad dieehs~~e aay o4im, Uaa ar enoumbranee ate?inst suoh premniees .vhiah miy ~be or beeome supeeior Lo
L6is morttage ~?nd to permiL no dei~?u1L or detiaqneaay on oLhec lien, aawumbriuAOe or ehar~e a~ainrt ruab pre~nsi~rea.
.Pith aud m'~iRd~tron~t~in~ind ~ p~ ~
a~ de~
b rn~~w[ ~iu a ao~-intarert bwting sooonnyt~a tber
p~ana ~q~ e~ol Lhe ye~c1~; tazw sncl ~wesamertts yrb~iefi msy
be levied ara.nrt the psenuise~~ ~nd (if w requu~ed> ona-twei[tb d eb~r ya~rl,~p tor inrar~oe thereon. The amount af
~ueh tasea, arse~ementr aud preminms, wih+en nnknm?n. shatl b~ e~t~mated ]~~i~ee. 8aob bepwits aball be wed by Mort-
gagee Lo p~ +iueh ts~ce~, anee~manta and pr~aiuma wLert due. A~I ' d rueh ~evoont to p~y rua~ elr~r~+es whe~n
dne Morta~eei on dem~nd. It, b9 ~an a[ amy ~Lan1L lry MaefR~or andac any prnvi~do~ d
all ~rumr ~eo~e~ed Lersby to be d~ wnd Mort;a~ee m~r then aPPb ~l,v t~ in
said aoeonn6 a~tinS~ !4e eniirs indebtedn~s ~eeared )~ersby. Tbe enf 'ty al t~ oove~o,wata reU?tin~ Lo t+?:ee, aae~ament+
aad imus~wosp~em~ums herein ot~erwiae provided aha11 not be ~eoted exoept in w hr ~ t3?aso oblira~ana have been met by
~plianos r?ith thi~ p~r~raph. M~e ma,~ ftom time to time st
i~
on ~vaive. ~nd dter any sneb waiver reinatate,
ar all proviaio~a hered reqairic~ dapwit~, b9 notioe to M m writin`. Wh~e aqy suoh r?a~v~r is in eBeeL
Mortgt~or ahall p~y Lwxee, +~sesatnent~ Mad insarrrnae pr~miuma rr hai+ern dserw~re prc+vided.
4. To prompt~y pa?,q e?ll t~cee ~utd ~ments a~eeeed or levied under and by virtue o~ auy sbte. fedenl. or municipai
fls~v or reguLtion hereafter paeeed, againet Mort~sges upon thia mortga~e or t6e debt bereby secsuredt or upon ita interest
under this mortgage, provideri however t1~?t the total arnount ro p~id tor any .aah t~?xea pursuant Lo this psragr~ph together
with the intereet p~y~bie an esid inde~tednes~ sh~il not axaeed Lha. hig~ert 1nw~fu! rm?te o! intea~est in I~7arids aad prov~ded
further that in the event ot the pssrs~g~e ot uny sueh Isw or regulalion, the entire indebtedness seeured by thia raor+.gage aha?il
thereupon beeome immedistely due ond p~ysble at the optioa ot Mortgagee.
b. To keep the pramire~ ineareda~a~r
t io~s or damafe bs' srs,,r?iadaWrm ~td weh otl~ l~asards ae msy be required by
Mortga`ee, in fadm and smounis ~stir(~abry to. ~ad in insuranoe oomP~~ ~PP~~b~ M , the polieies tor whieh
inaursnoe shall be p~,y'~?ble Lo I1[oet~ee 8~oh polia~es. und abrtriotv ~ ot~er qtie avidence,~be d~elivered w and held
by Mo~t,~~g~ee U~ forenlasnr~ d ht 'w ~mort~e or othar sequiaition d the~pne~se~s or aay p~rt~ th~ea[ by Mor~agee, eaid
poli~es, abstesab aad titae evddmee ahalt be~oo~me fhe sbsolnte property d Mort~a~ee.
6. To 8nt obt:in Lhe wriiten auosenL d M , snah eonren6 to be `niated or withheld st the wk disaretioa d sneh
Mort~~ee, betore re~ovint or da~nolishing ~w7dial~ now or here~tt~ ea~eoted on Lhe premisas, (b) alt~ing the aerange-
ment, de~isn struetnral ehan?ctec tbereot, (ey ~ a~Y rep~s whioh iavol~e the removal d rtrua~ursl p~rfa or the,ea~osure
ai the int~ecior d snoh ba~ldio~ to t~he eleone~ta, or e~asPt far doesestie purposee. outt+n~ or remavit~ ar pernuttia~ the
mxtting aad remoaal d~aoy tr~eas or tiaaber on tbe premv ~s.
To m~int~in premiK+s ia Q~ood eonditian andr~r .'ududinQ bnt not lsmited ta the mairing a~ euati rep~?irs ss Mortaag~ee
m~y from time b time determina to bs neme~s~ry far the pnserawtion aL the pr~ni~at ~ to not eommit nor permi~ any w~ste
theareo[.
S. To eomply with dl larrs, onimanee~, ~'e6alatioos, oareasnts, ooa~ditions and restsyeiions at!'eotinr the p~remiees, and not
to s~et or pa~ut any violstion thereol.
9. If Mort~a~or taik to 1~ry any' elsi~an. lien a~ eteaambrrnoe whieh is superior to this a~ct~a~e, or, whe~ due. an3' tax or ~
aeeeesmen! or insw~nee pmmium, or to ke~p tbe in rep~ir, or sLaii cwnmit or Fermit wast~. or it theare be oolnmenoed
any aetion or proeeedin~ !?tieot~in~ the premirar or title Wateta, inalndia~[, bnt not lim~t~ed to. amiae~t domain and banl~ru}~toY
or reor~an~ta?qon p t~hen Mort~es. at atr aplion, may e~id oLim, liea. meumbtanoe. t~x. a~ee~rment or premium,
with riaht d sabrogat~~der. maY m~ke snoh rep~irs ~t~te wah sleps.as i6 deems ~dri~We top ent ur oure saeb
warte, and,map aPPe~ur in aqy woh aetion or proosedinrg aud retain oounsd therem~ ~nd Wce anaL aetion tihe~+~t? as Mort~a~~e
deems ~dvuW?b1e, ~ud tor aay ot a~id Purposss Mat6~6ee m~?Y adv~noe auoh sums d moae~. inetudixg sll eosta. re~onable
~?ttorney's taeg aad other ita~s d e~pense ~s t: dee~ns neeeesary. Mor~a~ee shail be ths s~e ~ndg+e d ths le~ality. Yulidity and
preority oi any aneh alsian, lien, enaumbrauoe, t~, asrms~ent md . and d the wuount n to be p~id in estis>
tewtioa ther~e~of. Martg~gee sbatl no6 be held soerwnt~ble faar aay' ~m~mvdat ~41 ~~~?t,~ dehl ~Y ro~nlt m
any additional iate~erL, eo~ts, oh~rBes or erPeure otheewise.
10. Mortg~gor willp~y to Mortg~gee, immediate~ sud without dem~ad, atl sams d maney ad+raaeed b~ Mort~~rec+ pnrsuiat
to thin mortga~e, u?elu
id ng aIl oaeta, rewsonwble sttorney's teer wnd other items ~ earpease. toget~er ~vith iate~+nat an e~ah ~ueh
mdvsaoem~t st t~he ratie aC ten per oea~. t10%) Per' snd J1 saeh snmr and inLerest thereon shall be seoured hee~eby.
l l. All sums ot money seaured Lereby ~hail be psysble .ritlwnt ~ny relid whstever f rom ~uoy vain~Lion or apptaisament Lwe.
12. If defanlt be made in p~yment d any inaLallme~nt d prinwpal ~ interert ot t~id note or aqT part ttiarraf w11e~ dne, or
in psyment, r?hen doe, d other ~nm eea~ured herebY. or mp~( o~m~noe ot an~ ot M s abli~staons, oovenaata or
agreements hereundec~ ~ll o[~ indebt~ednaM ~eeared heteby sl~sll beoome snd be imm ' dne ~nd p~,y~ble a! th~e option
of M~rt~agee, withont notioe or demaad whioh are heesbY e~radY 'w~i~'ed, in whish e?ent Mo~tgstea ma?y Rv~W it~elt ot
e?t1 righ~a aaa remediea. a~ 4~ or in eqnis,, aad this mor~ msy be foredo~ed wtiLt~ at! ri~hte aod ramedies ~ordad by the
lswra c~ P'lar~dw aa~d Mc~tt~~at ~11 ya,q all uostn, ohat~ee aud ea~peaser thee~ea[, iaeladan~ s r~aonable att,arney's fee.
13. H ddwlt bo pnade in p~men w~ea dae, d wy in~ebtedness seeored 1?ereby, ~ in pe~focm~r?ee d aa~ d Mortgagor's
ea
obligsLione, oovenints or e~ree~ments :
(a?) MartBa~ss is wtborised ~i aay ta~e, without notioe, ia ita sab diracsteon to eater upon aad t~ke Poaewion ot
Lhe premiaes or.~unyp~t tbeted. Lo peetarm asy sab M de~e seoe~arY a. prnper to ooeiseit~e the seonrity and to
aolleot and reo~ve ~tl re~ta, iswe~ aad ptn~ta t6ee+ed, u~el~ilio~e ~st dae ~ wall ae ~+hose ~e~u~in~ t~ere~tter, aud
(b) l~ort~~~ee ebail b.ntit~ed, +es ~ mstt~ d rt~i right aad wsWont reg~rd to 4he v~t~e or oaenpauey d t.~e seoarity.
ta hsva s reoeiver ytPant~ed Lo enternpon and take of ihe pre~ise~, ooHaot th~ rents ~d pro~fi thare[rom ~nd aPPb
the same ~s the eoart m~ diteot, ena6 raeeiver io ve aIl t~e rithts ~nd Po'+ree'sp~r~ ~t~ed uudee 6hae la~rs d Florida.
In either eneh esse ~orka~eA or t~s reaeiver may sLo t~Dce af, a~d tbeee pnrPwes ws, ~ and +~lt Penonal
PmPer'tiY eontained in the p~e~u~ ~nd ased by Mart~or m~or ~ t h e r
~ o[ or anY P ~
r! t
h
e e+ a o f. Tlse eoc~se
(including c+aeeiver's [ees, oounsel fees. c~arte ~ad srmt s oowpeoautian) iaenrred pw~suaat W~e Powen he~ein eout~iasd eball
be seeured hereh7. M shall (+ift~er gy+t~ent at ~?1! eosor reid expau~ irtiaarred} sp~ r~nt~, isryes ~nd pr~tr
reoeived by it on the indeb~new seawed hereb~ in e~ order r Mort~aese dster~nta~r. Tbe t io erxet and W~e paweeaoa
at asid property w msn~+e and aperste tis e~me, ~nd to eolleat the r~nt~, issoe~ ~adp~o~qE .~vhet~hee by reeeiv~r or
oEh~rire. eh~ll'be eumuLt~ve Lo other nsht or remedy hereuad~c or a~ort~ed ~ lww. wd mq be eYerais~d aonourre~tty
theeewit!? o~r independea?Wy 6hereat~o~t~~os shall be lisGle ta aoooan~ oa~ for w rsBL~„ i~wnee ~nd prv8t~ ~e1~y reoeived
by ysart~a~es, .
8~ 127. ~ 5~4