HomeMy WebLinkAbout1673 AND SAID M~ do~ b~rsD~? caveaaAt vitat t~s Mo~tgy~e~ tfiat aaid
~i'tS~H~, at t~hs t3ae ot ~otecut?ioa and dsli~r~sry af these presente, is the
absoluts .o~+r~er ot ar~id in paese~eaion at said mor~8a8~ P~P~~Y3 t~hat hs hss a
6ood ri6bti l1i11 po~+~r aal laxtl~l aut~arit~ t~o caav~e~ tbe sa~ae ia tt~e manner
and lor~ herein 8e~ lorth; ttiat aaid paroperttiy is ~ amd clsar ot all liens oY
ahatever ~ature, except se apecifically mentiaaed herain, and Nartgagor fully
warrants ~he ~itle to taid Propart3? a~i ~l.11 det~d ths aame against all ir~?l1~1
claima ar~d dema~ds aoccspt ~ram the w~rrantie8 contained in tt~e encuonbrancea
herein speciticall~ set forth•
AI~ID ~ MORTQAl3C~t daes hereby ~r covanant~ pram~ise sAd agres xith
t~te Mortgag~s~ ~Ls succe~sora ard assigns~ as tollawa:
1. Nortgagor vill riot aa~nit atqt y8ste~ or ~eakea or impair the
security oi thia mostgage; xill p~yr~ prior to delinqu~ency~ all taxes aad
assess~ents levied or 3mposed on said propert,y; xill keep the mortgaged property
insured Yn suah manner and in such amonnte as Hortgagee aay require; and i?i11
nct re~aove a~ chattel8~ if included in this mart,gage~ lfraa~ the preaiiaes xhers
they are nar situated, rithout liortgagee~s ~r#tten consent.
2. Yn tbe event oP suit to foreclose thie ~o~tgage~ l~ortgagee ahall
be entitled, as a matter of rigLt, xithant regard to the valu~e of the mortgaged
psoperty oa~ to tbe solve~cq o! Mortgagor~ an~d ~i.t~ho~t notice~ to the appoint~nent
rf a Receiver of tbe nartgaged praperty and the income and proPits thereof~ as
~?e11 as paymeut o! all costs incnrred~ includit~g attos~ery~ s fees.
3• ?n the event of Mortgagor~s failure to pay ta~ces, or to keep the
premises insured as reqni~red, Hortgagee aay, at its opt3on, but is not required
to, niake auch paymerits, and the sums so advaaced aball be repaid by Mcrtgagor
~ith interest as provided in ttie *abligation" ~d aaid sums so paid by ttre
2~oY't6agee shall be aecured by this mortgage.
!t. In ths e~reat oY atq d~aLault in tLe terma of tbe ~Obligation" or
this mortgage~ M~ort,gagee ma~q, at its optio~, deal.are the rhole ir~debts~ess
seCUred hereby to be iiaaediately due aud pa,qable.
5. Zhat no eoctension or modiPiaation of the pa~nents of the
indebt~dness, aad no release ot ar~r part c~ parte of the n~ortgaged ProPertY~
or of other coZlateral securing the above deacribed 1Adebt~edrless, even thaugh
made vithout canseat oY the lYlortgagor, shsll releass, relieve~ or discharge
the 1~o~'tgagor flc'as t~he pr~ymeat ot a~r sums hereby secured, snd ?~ortgagoe ahall
have ttle right to release f~raat the lien hereo= ar~yr portia~ or porticna of the
mortgaged praperty~ or other collateral held as securit~ !ar eaid i~debtedne~s,
irrespeative of the value of ths released portion, vit~wut aPfecting t,be liea
hereog as to the portion or portions not released, notirithstanding the fact tbat
svch release or relesses m~y be made tiithout kno~ledge or crosent of the Mortgagor
or of atq Grantee or Grantses of portio~s of sach praperty theretofore sold.
IN i~TITNESS WB~tEOF~ the Nortgagor has signed and aealed tbese presents
the da,y and year first abwe taritten.
FORT PIERCE lYPEY1RITER OD.. INC.
_
Si~ed, ealed, and delivered in
the e o!: "
~
e sident , Iporate Seal)
1'TES'f:
C~Y ^ / •
L~t'~ F.e:~
W tasse e re
Po~i50 . 472
~
~ ~ t;~~. ~ ~
I~ I :_i
1
~:"r'-
^k„-