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Home My WebLink About0714 o[ the f[ortsas~ b~ooo~t lmawdlate4 dw aad~ without notlo~. aad Proaedin~s auV bt lmtltuted b~ th~ ]doet- pse~ Mt tM r~onw~7 tbes~o[ b7 ~ tDis ltcrti+~'~. at in aa~ otMr m~atwr p~rmttt~d e0? Lw ~s t1w I~ort- ~m~ ~4d ~yWo~ !a tht not~ os fa tl~1s ~[orti~lt oontata~d to tM ooatni7 tMntO notwlt~t~od~. Upon for~- elowe~ d tAts ~LoetNS~. t~ ~[ortpte~ ~eau bs Wow~d ai a pMet ot ts~ hWeb~e~s sreurb ~r~b7. and tM )dart- ~ i~i~' p~. a11 oosts a~W ~a inatrr~d !n ooo~ctioa tMr~wltl~. ladumn~ rwso~abk attorn~ri i~. oost a~ aw wa t.x «.ren .aa W. as.o~ion to a.b a aa ab~ts~w.K ot tlw ar dw potiq?: ana fn c~s. .nee ~rsdo.ne~ rroosed- 1n~ are ~ttled betor~ tD~ eooa~mmatlon thereo~ or tM eatrs oi ~R W ach costs aod a~cp~os~s aad otMr cDar~es ao lekwrred. fadudiat aaorn~~ t~~. ~hall n~wrthe3w a pafd. ~~[o~tp~ or W P~t'tr m 1A• ON11~ t~O 11}~~lR bl~~t1'. ~7 bf R pll~lli~!!' ~L ~ tO~dOflls'! YM. Alp NlCaOR b7 tll! lI0l~M Y~!'f1II pt'O- vWad for m~1 b•. pc~erbed lmm~latw upoa d~tad~ oe at aq~? tlnk tMeeatt~r. ~ad aotl+tn[ aML b~ ooaftewd W b~ a walvee ot sud? rW~t ude~s ws8a~oed b~? an lnt4ument fa wrtdn~ to that eQect du~ e~.vted br th~ l[oets~s. Th~ liostp~oe walws all rl~ht o[ booo~stMd and ~amptlan trunted b~ th~ Oonstttntla~ aad Laws ot Flotid~. AND THS Y081riA(~It MJItT~t DONVENANIB AND AGREES: 1 1b tbe pslndPal i~Webtednq~ wlth intetwt af 1n the not~ provldOd. 1b p1~ moatha tmto U~s y[ort~a~a~. in additlon to and at the tla~e aad plao~ foe c~?ch pq?nneat o! prindp~l ana fnterat. ~n lnshl~mest at a?~R d the follow- ~ (a? ~~ad a~meat+. iena'a1 or special. and tll other ch~r~ea lwled or to De levkd ~ainst the premlNS. (b) Premtuaas to beeome due and pqable tor. ~ad to r~new. tlre inateanoe an the ptw~ites a~atnst lo~s b~ Me and • auch ot~er h~aard~ ~Ws-and oonvo~ene~s as betdn pro~vided-!or oe rtqWred h~a~? t~t to tim~ The aaaunt ot tbe re~ecKw moatl~ lnstall0~enb shW be Mual W tDe amount oi tbe anaual reqkctlve cbar~e next due (as atimated by tbe Hort~e). la~ ~111nsta1lmenb paid theretor. dtvl3sd b~ tM aumbsr d manth~y in- staII~ab tbes+dor beooanin~ da aot later tl~an ane month~or to the dw d~te d an~ sueh ebar~ aad ~atl M suD- ~ect to ~ue or aecre~e w the e:tent s~4nind to cieat~ as ~ a ma~thb? pqrment aate on the note not lea~ tban ane moatA prbr to tl~e due dat~ ot W roch cAse~e. aa amount snQldeat for th~~ya~ent t6e:+eo~ whet~ ~e aad p~yable. In ao avent ahall We l[ost~ee roelvh~ a~h P~Y~t b~ liable tar ~n~r interat on atq ~nount p~id to !t as I~erein re4ulre~ and tDe mane7? ~o reoeW~ed mp? be held with fb awn tuads pendtns pRyn?ent or applkatian tberso~t as heraln provW~ed. The Yort~oe shW iurnf:h nnto tLe liortsasee at le~t ntte~a dqs betore the due date an o~icW datement oc tne amo~mt at w~ o~ a.am~eaes uest due. .na suce ~[oaits.jee sLau pq tUe aeave cbarses to tbe amouac a tbe tlMn nau~ed credlt tbe:efor as and wh~ tbay beoo~me sevaralu dw ~nd P~yable. The Mort~a~ee myr. at ib optlon. D~tl? an7? ot a~ch eDas~es wbea pqabl~ alther Desore ar atter tbe7 ar~ deW~quen< witha~t notioe. or matce advaacea a~pi y~b,i~~to ~ l[c~~ee ~nd ~hWt be addt onal~iiadpal aan undert i~t and~t~satne rate ot 1nt~rest U~an d~te ot a~dvanoement as the prtndPal fadebtedaea. Aa oalrld i+soaipt tLerefor sAall be cancludve evWenoe ot sucb pyment aud ot tLe vWdiq? a[ mch cbas~s. The l[ort~asee mp apDb credtb beld b~ it for tbe abave chseseR or w wut taereot. on aocwnt ot w detlnqueat lndavmeab ~ prtndpat oe~`interat or au~ M1?er psyments maturln~ or due unaaz thts insttument ~nd tbe amount ot credit e~dsttnf at aq~ Ume sLall be reduoed b~? tbe anwunt tbereo[ pald or appuee as berdn pro+rtaed. The amount ot the exldins credit hereundez at the thae ot ~w trander ot tbe pmp~rty sluit withont a~dgnm~at tbereo[ fanr~ to the bessnt o[ tbe aucoeMOr o~wae~ o~ t~ properf~ and sAali be app~ted undez and sub~ed. to all of the provi~ns hereoL Upon tM P~ym~t !n turi oi the lndebtcdne~s„ the amonnt oi any tmused credit shsll be applkd to tbe pa~ment tl~et+soL The Mcrtpsea my? cdlect a"late chuHe" not to exoeed four oents (~c) fot each one dollar (i1.00) oi eul~ montNy fiWallment pqmmt ~'e4ttired cn the aote and nnder thfs Moit~at~e wrhkt~ is more than sftee~ (15) days fn artears. to eo~ver the eoctra e~cpense Involved in han~n8 ~~1~~ P~n~ 2 To p~y, P~1Y+~e. all taxes aud a~seemenh. ~eral or spedal, water ren4 ~nd ~nd rents aad W other cbar~es wh~?tfoeves levkd upoa or aa~e~ oe Pl~oed a~afnst the Premisea. Provldon ior ~rhlc~ has not bsea made here- inbefose. and wW prc~nptly ddiver tLe o~icial recelpts tLerefor to tt~e Mort,~ee: W llkewise pay aU tau~ ~sewnenb aad other c~eR levled upon or aasea~cd. Placed or m~de +~SV~ this fndnuhent, or the fndcbtadnas or a~y intere~t oi ths Mo~rt~ee In the prrmtses or the obllgations secured herebY. Providcd that tbe payme~t a~ aqY sucb tas assear ~t or c6~r~e b7 tl~e Mort~agor is not oontrar9 to law or would not seault In tbe ps7me~t o[ an tmLwlW rate a[ inte~ est on tLe indebtedaer hereby secured. In the event oi We paw~s ~iter the date ot thfs Instrumeat ot ao~? Lw ot tbe 3tat~ or wDd[vtden thereo~ wherefn tLe premisea are dtuated. craitta~ or PmvWle~ tor a~? ta~c. aa~aQnent or char~e ~ wrh~ch by tbe abo~ve provlso b not to be p~id by the Mortga~or. the indebtednas secured bereby to~et6er with iatere~t due ~ tbercao. ~ha11. at the optlon oi the Mortga8ee. become ia~medfate~? due aad P~U~si~le. and ln ~e eveat p~ymeat there- ~ a[ ts not m~de torthwith. tl~e l[ortaagee maY take ae cause W be takea au~h ~ctbn or Proosedln~ as maJ? be tal~en bere- i nnder fa th~ ca~e at any other de~ault ln the payment oi tbe indebtedne~s. ! 3. To keep tLe buildings and addtUons t4ereto oa or henatter. emted or placed upoa the Lnd lnsared aQainst loas ~ by Sre and auh otha~ l~araids. dwaltles ~nd oonUngmdea, inclu8tns war dsm~es ii at a~? tlme a stat~ a~ war ex1s4 or it appears to the ~lder oi the aote that war b itnminmt, and in sud? amouab and for such pesiod~ n m~y be requfred lirom tlme W ttme by the Mort~a8ee. and to pay pro~uptiy when due all preinlums on such•lnwraaoe. Pro~doa for pay- ment of whkh ha~ not been ma3e berelnbefotr. The polidesot imuranoe shail•luve lort P~IY~ P~1~ ~PUWe to tbe Mortga~ee ~nd shall be delivered to and beW by tbe Mort~agee. or as it mpr dtrect„ nntll tWs l[ert~e is Renewal polk~es ot lnsuranoe. Preiniums for whtch have been full~ pafd, are to be t~rnlsLed to tbe D[ortp~ee at least Siteea d+~ys P~for bu tbe e~irstbn date at the bintraoce tberab~? reaewed. Zbe lnsutanoe sl~ll be wei~a in eoaopanias w itt~or~ior eqy ~~dama8~ enB~B rnitt~ Ma 8efect ro ~for faiture~ ~ insuranoe ~ oompany to pe~ for any loss or damaYe inwred apinst. In the event o[ lw~ tl~e Mort~a~or shall ~[ve icomedfate notlce t Dy mail to the l[ort~e~ee wM m~y maice pruot oi lo~s it not made Pron?PtIY bp tLe Mort~a~or: each inwraaoe oomPan~ j ooncerned b.Aereby sutUorined and directed to make payment for los dircctl,y to tHe Mortgagee.lnstead ot to tbe Mort- ~ and Uu ~[ort~asee jo~nW , tbe insursnce Pmoeed~. or any Patt thereo~ map be appliad bp the ldozt~ce~ at !ts ~ oP~, to the acpensa. if an7~ fncurred by it in the oollectlon thereo~ to tLe rednctlon of tbe lndebtedners hereby se- cured. to the restoratfon or repatr e[ the PropertY dam+~Sed~ or rdeased to the Mortga~or althout llabilit~ npoa the Mort- ~ ~ee for wch rrleasG All polides oi im~raace are henbY as~ned to the Most~ee as addltioa~l ~xwritp ior tbe p~y ment ot tLe wms aad fnterest secured hcrebY: in the eveat o[ foreclosure of tbb 1[ort~a~e or otber traada~ a[ tlti~ to tbe premisa fn ~at ot tbe f~debtedoe~. all rl~ht, tltle asW lnterest oi tLe ~ort~agor fa aud to aq~r iaa~~nee poUdes th~ la force sl~aU pafs Lo the p~u+chases or ~rantee. 4. To oomplete aritbfn a reesootbie tlme any building orbWldtnp naw or at aQy tla~e 1a tbe prooes ot erectioa upon tLe land and W pro~ptb? iepair. restore or rebuild any bulldlna ~ lmgrovanen4 naw or ha+eafter oa tl~e land wUfe6 mRy beeom~ or be dedro~?ed, aM not oomomlt or permtt to b~ do~e oz add cn or abont tbe prea~Nes aiyt6in~ r ~N wberebj? tLe sbali beoo~ne lew valuabk: to compl~ wit6 W Lws. rules. re~ulatloai. or ordinaaoa o[ a4 ~ mental a~~7 aM not vio4te os permit We vloistlon as to tbe premisea d aoy butldin~ ae use ratsictloa~; to keep tbe Lad aM bnpro~re~nmts tba+eon ir~e fron? mecbanlc's ~ud wate:ial~'s 11eas and wlll not s~er aq~ liw ~nperloe to tbe lka ce+eated bp tbis lnstsumeat to attad~ to or be e~fo:+oed a~alnst tlw.' Dremisa. ~ 5. It d~ault be made in the pa,ytneat ~ tases. aoe~nenh. ltem. clatau. inwr~aoe premiums or atq? otber char~e wbat~o~v~er. oe y4 Dart tba+ea[. or i~ tLe perlorm~noe o[ aq~? act, to be pafd or pedormed b7 th~ Yo~t~asoe nnder tbe W~an ~~a~man~es d~+emed espedimt ~ a~q ot~er mmttbt~ t~neoa~aq to protact tbs sxvdR~~ a[ tbb~ meat: the amoan4 s~ p~W, wltb iatersst tberean ~om tLs date a[ mch pa~ment at th~ wtae tate as DOene b~ tbe psia- imebt ~~~aa~e~ed as~~ aad pqab3e ~ aet~afee- pymeat ~ wtbotp i ed to be . m~de b7 t~ l[o~tp~e~ m~ b~ m~de aoooMini ~ ~4 ~atemeat ~ estimate NrN~ed oe pro~te+ed L~om tLe appro- ~ a~ pn~lfC o~lo~r par~? in~tbe h~inds a~~art~a~ee sh Il ~be co~eludve e~vld~eaot o[ t~be ~ralfdlb and ama~t~~te~as ~o pafd: tAe Yaetp~ee sba11. at its op~io~. be snbropted to anq? e~cumbranoe. 11aq eLim ae demand, and to ~11 tLs rishb and aeendtles foe tM PU'~ P~ or ~s~hae~ed with the PriactPV ~ M~ ~7 ~ df ~ Y~'~f» nad~r ttk pa+ovYloo~ ~rea~ asd atp aucb w~bro~stloa rip~b dnli be addiriooat ~ad aunul~tln Nan1b ~o Ws l[act- i~• ~ BOOK 149 1~.3 , , _ ~ S~ -w;.:-~ .