HomeMy WebLinkAbout1275 and pr~funn ~t che Moctga~ors' owa expcase, su~h rtpair: and maincenancr as Morcg:gc+~ may frvm cime co cimc «qui~e, Mv~tgagce
t~;~g iknby ma.ie che solc judgr of che necessicv clxrcfw. af/ithaut limicina ~tK a~~nucy uf thc foregoing~ the Mortgago~ .haq
rause atl such.buikiin~ [o be paintcJ not less oftcn thaa ouce ia rvery thrcr-yeu perial.
In the event d~e Morcaagors shall tail co comply ~rith aay corauat contained in pangnphs 2. 3. 4 or f benol, Morcgaga
may (buc sbal! have no obligaciou co) perfonn such covcnaat on behalf af che 11~torcaagua and ~he full amount oE every paymrnt
madc by Mortgagac io :uch conneccion sludl bear incenest ac the race of Io~~G, per annum from the Jacc P,i;d and shall bc sccu:rd
by che lirn of tbis mort~aae. lf Mo~tgagce slull perform any oorenant concsincd in pangaph f, Mortgagee may uid oo such pa -
ment a fx eqwl to 100'~ of wch pay~peoc for Mcccgaaee's servica iu arra~giaa such pe~formanca Morcgaaee ~a11 al:o have ~
optioa w eHac fin and excended covmge iasun~se ia an amount sufficient from timc co tinx co disrbarge this mortaage and che
uote ucurrd Ixrsby and tl~e I~tarcgagors shsU hsve no interac ia suc6 ensurwcq otl~ than thcir interos~ iu such dixlurgc. anJ che.
fu!! amorut of everr p~yscnt made by Mortgagee f~u such insunact ~all bear inteRS~ ac ihe nce of tO~G per annum from tbe
date w paid sod shall be srcund by the (ien of this morcaagc. ' '
7. Thac (a) in tbe cvrnc of any brcac6 of this morcgagr o~ a~y of che cerms Ixreo! or default oa che part of trie I?tortgagon,
or (b) in the cvenc any sur~ of money ntured co herein be noc prompdr and fully paid u cbe same bccome ciu~ and p~yabk. or ~
(c) in the erenc uf default in tlx parments under said promissory note; thea, i( aay of such delaults ~hilt c~otuwue for a period
of 10 days, che peincipal sum srt out in said pmmis.wry iate then nmaining unpaid, ~nd ,11 monen ~:ur~d harby, rhall beeome and
~~~dutely d~e ~~d p~r~bk ~c chr oPca~ of Mong~~ w~chonc ,~,un or ~,~d ~whkh a.r ber~br tsp~ vaivcdj. and this
nwrcgage may be furecbsod writh all right: and nenxdies a8ordcd by the law*s of f~lorida. including the~ apppintmenc of a. mceiver, if '
applied for by Morcgagee, !n the evr~t chat Morcgagee shall declarc the principal sum set ouc in uid pcomissacy aote cl~en remain- .
ing unpaid, uu1 ap nwneps secund Ixrebr, immediatcly due a~d p~yabk, the Mortgagors shall immediatelY pay ta Mortgagee an ,
amount eqw) to the arrwunt at v`hich chis oote could then la~rfully be prcpaid plus aar ochrr ma~eys seceurd herebr. ~
R. No delap by ?~fortgagor in cxerci~ing xny right ~ir renirdy hereunder shall opente u a~vai~er tl~neof or prxlude thc t:ercise •
thereof during the ca?tinuance of any ckfaulc herrunder. No waiver by Mottgaget of any defaWt shaU constitute a waiver of or
consrnt co subxyurnt dcfaults. '
9. This marcgagc and c6e note securcd hereby coiutitute a Florida co~tncc ~nd shall be constnied according to the la~rs of that
stata The Mortgagors hcreby ~raivc all hanescead exemQtio~ granted by che Conscicution and law?s of Fbcida.. -
The covenants and agretments contained in thit mortgagc shall run wich che tand and bie~d Mortgagas, the heics, pusooal
rcpresentacires,,successors md assigns of Mortgagorsand al! submequenc o~vnen, encumbranoers, aoanu and subtenants of the pran-
ises, and shall tnure co t}x bene5t o! cbe Morcgaga, che successors and assigns of Morcga~ce and all subsequent holders of chis
morcgage. ~
, 1N i%/lTN~ WHEREOF~ cl~e MortRaRots Iuve execulcd t~is ibstrumrnt under seal oe1 the day anJ ycar hnt a6ove w~ritun.
Si8oed. saled and delivered •
in c6e praeace of:
1 ~ ~ 0~~. ~ ~
- (SEAL)
~ n ~ Mauae w. Coffee
cs~.~
ATE OF FLORIDA (SEAL)
COiJNTY OF
$t•• L11C~9 ss..
(sEALj
~,~,.,ea_ Maude CoYf'~ee a/k/a Maude ~T. Coffee
. :t. .
'r
~ N TC _
f ?
`
•'i0°'•w~~~ielj~a~~nd:k~o~rn co me co be tbe iadiridoal8.. dacribed in sad wbo e~tecnted cl~e fonaoin rumms
~ f, i
t Y: ~j,~: 6~_ , and acknowl-
~ ''.O
~ %;:n' .':t-7Y~,~:..
•
_ ' 4 L`~~~~~ ~ rhi~"r.='"8~18" ~:ecuted che sune for che purpou chereia e:preseed.
~ ~:l
, : P ,V ~.l« .
' •j • ` • , L ~
. , _ :~Tj'~s;~;-
~ • J ~ : ~ ~a o~~t ~t ~h;~ 2';lth a,r of 196 6
•
~ ~
x ~
~ ~ N Pablic, Suu of Florida
ac ~a~- Joan P. Winterl
, . . _ ~ u~:
+ + . , ~ Nov be 1~, 1967 .
~ ~ ~ ;1
~ ~ ~ ~
o ~ ~
,
~ ~ !
3 I ~ ~ ~ f~
„ . ~ IY o , ,
Z s s- q~~~
~ ~ W ~E F• ~ Cp~ CpVECpR ~i
~ - ( ' ~ J TY, ~~40
` - ~ I ~ . p~ V tf
o I
~ ~ ~ ~ ~ W / ~i
4 ~ • I , Vf ~ : t ~ ~ ~
- I ~C ~ : . ~8 `
r~; ~ .146,
~ i
~ ~'`S1
. ~ ~~v
FOUM 101-~~2 ~T
~ ~ ~ ~ . aaoK 150 '74
a- , i :.r~.ra . . . . . . . . , S . . . . . _ _ _ _ . . _ . . _ ~ts`~,~„~ r: ~
, -
~