The URL can be used to link to this page

Home My WebLink About1567 v.w a.a~w w~~~ V~p~~e~r Ws~ ~URr ~IfWIn~ QIS[/Wf9Q~ QXKU~Q~ Q~TCC~~ G~1~Q~C~ GfJ~~n1 w~s~~ w~u obide bY eoth and every th~ stipulotions, oy?~ernents, conditio~s ond cov~no~ts of soid promissory note and of this mortq~ye, then this mo?tgoge ar+d the estote hereby ueoted sFwll ceos~ ond bt ~ ~ull end void. ~ ~ : Attd the Mo~tgogor tove~onts to ond with the Mortgogee: ~ 1 1. To poy oll ond singulo~ the p~incipel and i~terest ond the vo~ious ond sundry sums of ^~~Y PaYoble by vi.tue of soid promissory rwte a~d this mortgage, eoch ond every. PromPt~Y on s the doys respectively the some seve~olly becoma du~. ~ 2. To poy oll ond singufor tFre toxes, ossessments, levies, iiabilities, obligotions ortd inc;um- ~ , brances of every noture and kind ~aw on soid described p~operty, ar~d/or thot hareofter moy. be = imposed, suffered, ploced, tevied or o~.sessed thereupon, ond/or thot hereefter moy be levied or ~ assessed upon this mortgoge and/or the indebtedness secu~ed hereby, each ond avery, when due ' ond payoble occording to law, bsfore they beccxr?e delinquent, ond befare a~ny inte~est ottoches { or ony penolty is incu~red; ond insofar os ony thereof is of retord the sorr~e sFtoll be p~omptly sotisfied and dischorgc~d of reco~d and the originol official docume~t (such as, for instonce, the - tox receipt or the satisfaction pope~ officially endo~sed or certified) sholl be ploced in the honds of the M~rtgogee within ten (10) days next ofter poyment. - 3. To keep the improvements now existing or F; r~fter erected on the mortgoged prope~ty y insured os may be reQuired from time io time by the Mortgogee agoi~st loss by~ fir~s ond other hvzords, cosuolties, ond contingencies in such orm~unts ond for such pe~iods us moy be required by Mortgagee, and to poy promptly, when due, ony premiums on such insu~ance. All insuronce s1'wll ~ i~e corried in companies occeptoble to Mo~tgogee ond the policies ond ~enewals thereof sholi be ; held by Mortgegee and have uttoched thereto loss poyable clauses in fovor of and in form accept- ? ob(e to tF~e Mortgugee. tn event of loss Mortgogor wilt give immediate notice by rr~il to Mo?tgagee ; ond Mortgogee mvy rrwke proof of loss if not mode promptly by Mo?tgogor, and eoch insuronce ~ compony concerned is hereby Quthorized ond diretted to moke poyment for wch loss directly to ' Mo?tgogee insteod of to Mortgogor ond Mortgog~e jointly ond the insu~once proceeds, or ony po?t thereof, may be applied by Mortgogee ot its option either to the reduction of the indebtedness hereby ; secured or to the restorotion or repoi~ of the property domoged. In everit of foreclosure of this mort- ' gage or other transfe~ of title to the mortgoged properry i~ extinguishment of the indebtedness secured hereby, all righf, title, and interest of the Mortgogor in ond ta ony inwrance policies then in force shall poss to the purthoser or grantee, opproprio~e tredit being given therefor, ofter, but ~ os of the dote of such t~ansfe~ ond delivery of possession. i ~ 4. To remove or demotish no building on sqid premises without the written consent of the Mort- gagee; to permit, tommit or suffer no waste, impoirment or deterio~ation of soid property or ony part thereof, ond to keep the some and impro~vements thereon in c~ooc! cond'+tion ond repoir, 5. Thot, in the event the Mo?tgogor fails to pay ond/or dischorge the taxes, ossess?nents, ' levies, liobilities, obligotions ond incumbrontes, or fails to keep said premises insured or to deliver z the policies, premiums poid, or fQils to repair the soid premises, os herein agreed, the Mortgogee ~ is hereby authorized at its elettion to poy and/or dixhorge soid taxes, ossessments, levies, liobil- ' ities, obligotions ond incumbrances or ony port thereof, to procure ond pay for such inw~once or to muke ond pc~y for such repairs, without ony obligotion on its port to determine the validity ond/or necessity of any thereof ond without the Mortgogee woiving or offecting any optior~, lien, equity or right under or ~•r virtue of this mortgoge; ond the full amount of each and every such payment shall be immediately due ond poyoble and shoil beor interest frorn the date thereof unti! poid at the rate of ten percent (1046) per annum, and, iogeth~r with suth interest, s~wl1 be setured by the lien of this mortgoge; but nothing here+n contoined shall be construed as requiring fhe Mortgogee to advance or expe?~d moneys for ony of the purposes in this poragroph mentioncd. 6. To pay oll ond singular the costs, charg~s ond expenses, including reosorwble ottomeys' fees, attorneys' disbursements and cost of abstracts of title, incurred or poid at ony time by the Mort- gagee because ond/or in the event of the failure on the part of Mortgogor duly, promptly ond - fully tq perform, dis+chorge, execute, effect, complete, comply with and obide by eoch and every• the stiputotions, agreements, conditions and covenants of said promissory note ond thic mortgoge, any or either, ond said costs, charges and expenses, eoch ond every, sholl be immediotely due and poyoble, whether or not there be notice, demond, ottempt to colleet or wit pending; and the full amount of eoch ond every such poyment shall beor interest from the dote thereof untit poid ot the rate of ten percent (1096) per annum; ond all such costs, charges ond expenses so incurred or poid, tagether with such interest, shell be secured by the lien of this mortgage. 7. That, if soid promissory note or any sums poyobie thereunder sfwN not be poid as ond when due and poyobte, or if foilure be made in ~he performonce of ony coveno~t contoined in this mortgoge, ond such non-poyment or other default sholl continue unremedied ofter fifteen (15) dc~ys' notice qiven by registered moil to Mortgogor at _ ond to Winn-Dixie Stores, Inc., a Florido corporotion at the wme oddress, then in o~y such eve~t, the saiti oggregote wm mentioned in said promissory note then remaining unpoid, with interest occrued, ond oll moneys secured hereby sFwll becom due and poyuble forthwith, or thereaher, ot the option of the Mortgogee, os fully ond complet ly Qs if oii of the soid sums of money were originolly stipulated b be poid on suth doy, an hing in soid promissory note ond/or in this P. 0. D:awer 8, Miami Beach, Florida 33139 WD 33-7-1 /63 BOOK PAf,f 367 -4- r. ~Y ~ ~ ~x ~ ~~y~tl ~ <'R-`~^ ~~Z~ ~?:s F ~ . _ ~ , ~~~7