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HomeMy WebLinkAbout0125 ~ the Ma~ee msy at ia optian. make such repaira as it deans neoe~ary snd effectuaLe th~ required insuraaoe, all at th~ exPwss c~ the l?~qrtia~:~Aay amouat by the M oa soooupt a~h tase~, a~n~a~r. 'f~ ~ r~a~ inppa~os P~W~ lie~ char~es oe cep~~~s,~~Mri~th:iaa~s~:ti~ueoaa h+oai tbe da~e ~paY~nt ~l~roo~ bY ~the bI~ at the esa o~ 1496 P~' ~sU ba s lkq upoa tIN hw~r ~ iaoct~ed and~ ~1! be s debt .~a m«~s•~w ~ a~ M«~c•~'~?~m~~ . . , . . . ~7. 1'o i~?Y tq tpe Mo~a~ !r~it dwa. and P~yahl~ t~iq crfsll u~d~ ~~d* ~s ta:a. ~awaeat~. Public dua cc c~iarQas kviec! oc ~o be Yevied by~hw ~ t~e State of~kridA oa this mort~a~e ar oa the aobs ar debt vr i~e~+~st: ~ecw~e~ h~ebY. vc on ths M agee try e+eeson of the o~enhip of this zuo~t- daige ar the aoa or debe sec.v~ned herebri or oa.aacovat et in~eresta~~ da~iired tlte~d. rnms bat ~=the-amouat aE ~ch tasM, sra~aa, PyWia dnes ar,d~aRs uKot~a~e~i io this• wtttb Intsc+a~ an die debt.a~eed barobY. ahail e~oo~ed t6emwnwnm a~nauat p~et~an~t~ed b~ hw ~o~f~c f~ wa ei mc~t ~ ia the ~tsb oE Florkla. tbeo~ti~ ~~6aU~aoR bere qwred-~~PaY any.anch euoasi'P~d+ ~w~~ that ii~tbe a~re~ab io aay oae ye~~ o~~,ucb ;n~e.c sad wcr~t~es-a~eMed a~si~at the.M~sg~ .hak.uped auc6 ri~axis~~n a~qdt N W pe~ait~ed-b~e 1swr,t,~ be pRid fs~c dte u~ af•,mox~y ~in Fiorids,• 1~e M m~y.~ st it~ aPtiop, dectat~e ~the +lRt~D ~UEdll~ ~lC11l+ld ~ dila ~ jliy~~ i1~tY~ ~ ~y~~' 1~l~0: - ~'aitjOA ~ C~ ~ IIQt~OQ ~iv~n; lheo UQOR dN' ~tsL10e stlv? 60 days~ Aotioe~ ~t~ aitil~ i~~deb~dne~s ae~ed b~e~+v~y ~a6~l1 b0 d~t0 sad p?YSb~: au~1~ ~onp~Ya~n! tbere~af sh~il oo~ahta~s r ddsuh =tLi~ mor~ . entldiag t~s 11[a~a~ ~~o •tLe eooee~rs a~ aiLr~bta ~ing by ra~oa~ct tee-I~ap,pes~g,~ai any ~1~er!e~eqt at dafadt bMrea~dar. ~ u , ~ t~ . ~bj~ t~e $tstie c~ ~hu~d~'p~' auK Iaw.impoaK . ~.tL~e ~'t,ort~a~~a : oi ~t6e wliole~ qc ' Qaoct~e o~.~ th~ ~e a o~c itukbt ~?W? t~~a? ~a~ 4~=~~+~ c~f;~ t1~?t ~?n ~e~~~!e ~,!tpap~~ saY ~n o~ ~a+4P~~? ~u~ - ll~otpgagct. as bes+eiii~~. topsq ~any si~ tana. a~aanent~ cc othet is ~o~acati~ : t~ ~ and-in aay ax6 ~ a~rent tb~ debt ha~etyY ~~eau+~d ~w~t~~put dedpeHon. duH, st - option th~ ;~Yi~ag~ee.=b~oon4e ~a~Y~dneaed~ ~yable,;rottirl~rsnytl~iug'cw~hinetl;q this~~moitgag~e ar-ia f~y~~~'~~ ~:..fit; ~ri'- i. •~.•3 _ . . `Ij. i:: it . . --r . _2. ~o' nqd#Y ~Le ~11~oi~'ee ;s~ ~aoe ~d t~ oo~? ,ao~qsqf Qt ~~i~?tjon i~~a~ °E a~y: ~raco~~ ~ng dt~ mc~ed , or anyp~rt tbea~eoi: In die evaaC that the nkRt~~~ b ~rhdlY . ng the ;M ~gr~ dhaU ~ve ~eo~o ~t~~M ~nd/or. tLe-pe+ooe~d~ oE °~acb ° tioa • tba batancs~d p~inp r~ma~i~ uep~d ar~~~a~soc~~note;=with~aata~es~•~ea+eoa~~oQ-the ~yreart: ~ reoerMed ~ia Ha~~ ~ Conaecti~ait~~ aal sak e~C u~ednqis ~ aecnt+e~ • bg~' tbts ,ma~a~e. ~A+d Mrtth ~s?tt~otpe~`s oa: •t fee~,~:aou,~rt;costs and s1~ ~qtt~r ~cparp:tn~as~d'bY~t~s--. . m~aooaeetioa~ n?id~~wd?~~?oat~iioa:~~it. .~wwayr~r. the mo~tBaB~ed ProP~Y P~Y d1e ~8a8a sball hsve tbe right and aption to detx• t{t~uu~ `the `amo~nt eE such ooade~nahaia pt+~eeda. ~s .it ~nll wi+~,~o!~?s~rd thc reductioa ol the ~a d~ht, ~ntb iaya~c th+a+bon ti~. ~~i~atie of p~S~mea~ and.;~a'addttios~~od, .t~ :b~ ~ d~aU "pay: t4 tl~ ~:!Rt~'e~ °aq s 6`~el,~, ooa~i costs ~ntl other;ac~s~ ~r~Ctir.red ".thE.14I ~~~i~n~ct~on wit#~ ~ iaad~~~if~i `~iall h~iv~e'i~ ~m o~ ax~? moiiry' h dr ~rw~g~ireit`dc u~ade'tio.'6~r'~ii f~ ~~~he .Mer~ ~s.sta~~e~ any atxh.eondemnado or ar s reautt af any aoa~cise at the right of aainent ~ doawa, ~tbee;ac ~.th~,~awe i~ msde;d~e i~_~:~ P~b~+~~s=~g ~ 8'~8"~. a~?Y P~ t~a+eof. Nothing haeia ehaU be oonsidered as a ~raiv~a of die ~t of the l~~yortgagee a: • bd wch` eondeib~atiaa °~e~uoee~gs, =oe 1if~y. ~ the ti t~ said PropertY. a anY P~ tl~i~, and absU not obvi~a~e tbe neoeesity aI malringp~act~g~ee pa~rty tha+eta~ a', ~ * 9~ In~ ttre ev~t a11 er adY~ P~+~ •,~Yj ia an~r dc~uns~e o~ otha.impt+or!~- iment. d~ ~o~med oc sathoc~z«1 ~~mec~~- ~o the d~?te 1~ioof. ac "in s~e ei+~at aai~ . or ~t?Y F~ thereo['. #s'~a g dt~naga oii~ otbe~r`tm~si+a~na[t district aa ot-diie da~e l~+eo~ a~ad aubeequait boir '.date'hereo~ t}~e ~wn~ed ~ u~btedne~: pf sut~: ~Cict is :increa~ed oc, t~ d~t_ i{ -~?u~isAd ; to.~ a~dditionsl. ~aa~- ~ n~enta fa improvema?ts ia e:oeas of i5% of ~Le aa~aanent in fane aad e6ect as of the date bereof, tha~ in aay of w4~~ t~e:Dd m~T~ia aPtioa. declare the eatire indebbednees ba+eb~? secured due aad P~Y~~ ~ ' ~ ~e ~ , ,,,d~~ed~s~`1~y ~ b~e due "~~'yabrk ~ud ~on~~'th«+eof ahau oonsntuce i oce~a~e n ~c ! a dets~dt:uod~~thia•m ~nd.the.s4mesna be.no~llat~edbyc~ac.t~LaoX_s~the+`msuuw World~d ~ ~y la~?,, Hrnv'CVa. if the Mortgago~ PaYa the ~d additio~al asseeemeat_ ia c~eh wnthia aaid a~t mondu' Paiod. ecu ~ ~-`t~ai ~t~ i~igtit at -t!~ M tio adoekrate~ "tbe debt ~ecur+ed ha~eby, • fc~:s~: ~ rion1~3?ment, ~6alt ta~- .,+~t~e as ~ wx~ default,~~~~ ia ~aY wanna' sff _tbe ' d of _ti~e ~i~or~ag~e u,ader aaX otka ~s4r~ ac subiequent de~ault iutider this mortgag~e or the no~s~cured~y. IE said aasee~nent may be paid ~n in- ~tal~egb,- t~ett. et;the tioa of the Mortgagee, tlie Mortgagor may avail himsdf d wch pri~ and ~ dte~tta.i?o r~ht at ~tion ~.be availsbk to iha ~~ce ur~t.p default.oocun uAda ins~teN m4at ~e~ta sad-ae~id defau#t is not cunocl in thirty daya.atta_ib due datt, ~a which:e~vept. ~.Matt~g~e . msy,~at~ ii~optioo, dec~ to peo~raLc t~e no~tgage debt aAd prooeod .w,i~_ti~e oqlkction and/a~f~ieclos~.tbei+4af. 10. To Pa q.P~P~Y ~alt.in~b dae othtri 'upon agc+eeiaeab oE kase~oi Coad~tlonal sak ~ovnXract~ oE af! 5xt~ra. furn~Wngs and eqyup~nent lacated ~n aaiit~'~ir~opa't~:'Should t!k'l~t~artgagor fatl'to'make'~iy :au~h P~Y~~~+ ` the Moitga~er tiay, r~ndwut'clemand oc `nobcx. y o~ sat~~~ ti~e ~aine aad the amwtnt a.dcpraded ah~1. be~r `ibtd~at , die t~' 9f 1~% Ptx' gnnum and `~be P~~~ , b. ~e the `M ~g~ot ~o .t1~' ~N ,a~tg~ee upo~t ~ddmaad ` g~d e6~` r~?it1#~ intereaE'tha!eo~~ be ex'ur~ed ~Y; tni! ..mottgag~t; AIt~~i~h"in~daaills, DumP~,• p~P~ P~tti and ~ inigatioa ~r-drai g~ Mu~Pineaf ueed` fcc ~ie imgahoe ~dr ~dr~nage of` idid` pooptrty; "or idr aboclC ~rat~ting ot ...doa~ade. urpoeesn.tb~a+_ean. all motaa, enginea and devioes fac the o~ation d aaid ~vi~mills„ pumps„ P~P~B , pl~ab ~irr~tioo oE'.d~ai~e a9ui ~ s11 re~rig;e~at~ ~Yataqer ~!e pnr~±eatio4 a~d s~ctiA~uafu app~sa tus„ - a11 lightise, ba~ a~d bn..~ and e9wpru,~tt, ap~! ~11a~ot«~. s~ina..~yn~aas swd~~x'la~, iaw a h~a~f~r. ~~i~~ ed. ia on.~c about:,~~d ~+opa~ty. of t~ ~aa~ of ;~llatiow are.and/a immedi~tdY;uPa~ ~ha~inatallAtion thtreo~, e~all :beoone and a.part af t6e rral~y at~d d~all aot be - : r~ov~d fro+~.a~d pcopertY- ~?it6out t6e ~rit~ea oonsent of. tlie~ic~ag~e.: . . , . . - . ~ li. To:PaY to d}e;Mo~fga8'~ P~P~Y deman~ atl oost~. t~enses.ud sttqcnty's fep. indudiag tb~.ood of " any titk eacam~nation~ suppkm~tat a stras.E of titk or titk inauanoe. that may be incurned by the Mo~tgag~ee ~n ai?Y Proceedin~, kgal or other~rise. aSe~ting~ the aio~gag~ed +pevpaty, ar sny ~rrt t6a+eof, .oc"the titl~ tha+eb~, ar are .rat;atry-ar psi«~tcy of thfs mor~ or tharmsy be inaured 6~?'t~'Mast~a~ee bS? reasoa af the'i~iiqte _ of t~re Martgagcr t~ keep and 'perfona aay af ttit oa~vensnb or ag~eemeab coam~n~ heran ar i~h~ said =p~~. -~ar5i netG' M such eosts:` ~~nd•atborn~y's ias ~d b~r tl~ Moct~ag~x s6alt b~aaz intes+est'fr+orn dte~ tl~ib~ . oE psy~at tlkreof at~ the r~tie ~oE •10qo par anaum anW iepad by t6e Mo~tgagar and ebaU; wtd~ snch ~daoe~t,, z _ .,r_ , . _ . , . , 12., .~n, tbe tvent af def4ult ia: tbe: P~Y~t A~Y ~ ~Y c~ ~Y : ; , ~f.~' ~Y ' nene~val or a~s+on tlKreof~.or if ~he M shaU be adiucl~e~l. banlcruPt or s1~aU ~an a~eut~for . t~e ben_efit ef cabd'+tas~ a U.aoy. prooeediacsa c~1 be:ta~lcew a~aiiqt th,z Moctgagac k~oicing w dta appantme,~tt . ~ , . . . . _ _ . . - . ~ ~ - . ? ` p~ ~K 'r ~ , ; • _ • - , ~ ~ ; , a !k3 Ye}