HomeMy WebLinkAbout0549 Tt?GETHER WITH ~11 building,s and improvements thereon situate or which may hereafter be erected or-~
placed thereoa and aU and singular the tenements. hereditaments. appurtenanoes u?d easements thereunto belong
ing or in anywise appertaining~ and tLe rents~ isauea and profits thereof, ~n~
toge~her wich aU furn~cure. fi~r~?ing~, Srturea and artictes of per~cnal property now or hereafcer loc~ted in or on
the ~remises and used in the operation thereof including all renewals, replaeements nnd additions thereto. and
also ALL the estate righ~ titlq interest a~ad all claim and demand whatmoever~ ~ well in law as in equity. of the
' said Mortgagor in and to the same, and every part and paroel thereof, with the appurtenanoes.
TO HAVE AND TG HOLD the above ~ranted and described premiaes unto the said Mortgage~ ib sua
c~ssors or assigns, forever. ~
And the said Mortgagor Lereby oovenanb with the Mortgagee tLat tho said Mortgagor is indefeasibly seized
of s~id land in fec simple; t~wt the aaid Mortgagor has full power and lawful sight to convey the same in fee
simgle as aforesaid; that it shall be lawful f~ tbe Mortgagee at ~ll ~ peaceably aad quietly to enter upon,
hold, oocupy and enjoy said land and every part thereaf; that. the-land is.#rte from all encumbranoes, except as
aforesaid; that said Mortgagor will make such f~uther ~ssuru~oe~prpf+ove ihe fee simple tids
to said land in said i
Mortgagee as nnay be reasonably required, and that ~~aid~8a8~ does bereby ftilly wariarit the tide to said
Iand and every part thereof and will defeud the se~cag~inst the lawfnl cla~ima a~ s~ll per~ons whomsoever.
PRQVIDED ALWAYS, and these presents are on this e:pre~s condition, d~at if said Mortgagar ahall well
and truly pay said indebtedness unto the said Mortgagee, and any renewals or ertensions thereof. and the interest i
thereon, together witb all oosts, charges and e~penses, including a reasonable sttorney
s fee. w}uch the said Mort-
gagee may incur or be put m in oollecting the same by forecloaur~ or otheiwise, and shall perform and comply
with all other terms, conditio~s and covenanis oontained in said promissory note and this mortgag~ then these
presentc and the estate hereby granted shall ceas~ determine and be mill and void. ~
Md the said Mortgagor Lereby jointly and ~verally oovenants and agr~ees M and with the said Mortgagee as
follows:
1. To pay all and singular the principal ~3 incerest and t~;: i•a.:ous and snndry sums of money paYable
by virhie of said promissory note and tIw :r.ortgdoc, each and avery, prompdy on the days respectively the same ~
severally become due. " ~
i
2 To pay all and singular t~c taai;S o~~Y o~ra:;~I3eAtS, nt :aG)I ti~ iID~10SC(I, ~VIE.*(: O! 855CS50(~ OII Y~IC IDOIt- ~
gaged property or the indebtedc,e~ sacured hereby ~r the Mort~agee
s interest in and to said real estate before
the bc~me delin uent; tax reoei ts shaU be laced ir, the hands of said Mort i
Y Q p p gagee within ten (10 ) days after ;
PaYment.
3. To keep the buildin$s raw or hereafte: on a:s~ :0:.3 and all personal property used in the operation
thereof continuously insured against loss by fir~ .,4,::t, othe: ~azards as may from time to time be requested by
Mortgagee, in oompanies and in amounts in eac~ s~xy as ::.ay t,e approved by and be aoceptable to Mortgagee;
and alt insuranoe policies s1na2: oontain the :uval s~adard martgagee clause malcing the loss under said policies
payable, without ooniribntian, to said Mortgagee as its interest may appear, and eaeh and ev~ery such policy shaU
be prompdy delivered to and held by ~id Mortgagee; and, not less than t~cn (10) days in advance of the expira-
tion of each policy, M deliver to said Mortgagee a renewal thereof, together with a receipt far the premium of such
renewaL Any insurance prooe~ds, or any put thereof, may be applied by Mortgagee, at its option, either to the
indebtedness hereby sec~ued or to tLe ratoration or r~~.air of tha pmperty damaged.
4. To keep said land and the building,s and iu.~: ~
vemzants Low or hereafter situate thereon in good order ~
and repair, and to p~armit, commit or suffer no wa.,;C, impairme~t or deterioration of said propeity or any part •
thereof.
5. To oomply, far as they a$ect the modgaged property, with all statutes, laws, ordinances, decre~s and ~
order of the United States, the State of Florida and of any political subdivision thereof.
6. In case said Mortgagor ~all fail to prompdy discharge any obligation or oovenant a~ provided herein. the
yiortgagee shall have the optioL, but no obligatioq t~o perform on behalf of the Mortgagor any act to be per-
formed by Mortgagor in descharging such obligatioa or oovenant, and any amount wlrich Mortgagee may expend ;
in performing such art, i~ c~ur.naction therewith, with interest thereon at the rate of ten (10} per cent per an-
num and ~ogether wit~ a21 expenses, includfr~g reb„~onable attorney's fee~, incurred by Mortgagee shall be imme-
diatety payable by Mortgagor and shell be secured by thi: mortgage; and Mortgagee shaU be subrogated to any
rights, equitiea an.d liens so dischuged. -
7. That if tlne principal or interest on the note herein described or any part of the indebtedness secured by
this mortgage or interest thereon, be not paid whea due, or if default be made in the full and prampt performance
of any oovenant or agreenneat baein oantained, or if anY P~~S be inatituted to abate ~ny nuisance on the
a°ooK153 549
~ .
, ~ ~ _ ~ Y~.; ~ ~ ,
m
~ . ~ ~ = Q -~t,~+~` ~ F;~~ .
, 1
f ~;:'F~,• 1