HomeMy WebLinkAbout0033 ~~~d pcrform at the Muttgagw:' own t:pease, such repsin aad maiatenance n Morcgaga may imm tio~c to cime nquice, Morc~a~x
h~•;ug hrrel.y m~de c!x sok judge of che accasicr d~erefor. ~ithout limiciaa cbe seueroGty of tbe forcaoing, che Mortgagoh'ahall.
~~~uyc ap w~h.baik~ings to 6e painteJ oot leu oitw thaa ouce in every throaptar period.
6. ~~~~g~~ ~tt f~ w~r ~r ao~?~c ~~~a ~ wha~ 2. 3. 1 or S hcrcof, Mc•rtgagte
may (but shall have o0 obliaitan co) pedorm wcl~ oo'ensnt on bd~atf of cLe l~tottaaa~ua and tbe full amr-~nt of e~ery payme~~
nuJc by Morcgaga in :uch conneccioe shall bar iaurat ac ~be rau of !0;( pa anaum from the datt ~o paid and sF,ap be secur.ti
by ;hc 1"Kn of d~ morcgabc. lf Monaaaee shall pecfona anr oovenanc cancaiekd in panarapb f. Ma~cga~ce mar add w such p:~y-
nxn~ a fa equal w l00•j~ of wch pa~nnenc for Mortgaaee's ~avica in smngiag sucb pedoRnama Macgaace slull also have che
opciou to effcrc fire and eauoded coverage inwrwa~c iu aa amouac su~cieat fr~o~n cime w time co disrbarge chis morcgagc ,~nd chr
note se~urad bcrcby snd thF' Morcgasors shaU 6ave oo intt~wt ie such insu~ante, o~btt c6se thcir interect iu such dischargc, ~nd che
i ull amornt of every paynent aude by IKottaaaee fo~ such inwcaact ~all bar interat at the nu of 10'~L. Qer xnnum from chc
~f,cr w paid and shaU be socund by tht lien of tIw mortaage. ~ ~ ~
7. Tlut (a) ir~ thc e~enc of my brach of this matgage or aay of the terna btreof or dciautc an the pan of ifir Morcgagon.
„r (b) in che evenc any swns of moncy refuccd to herein be not prompdy and fully paid as the ume bccorNe duc and payablc.
t•') in the evrnt uf defaulc in t1~e paymeoa undrr uid peomis~wy aoa; chea. if any of such defanlts sF.11 concinw for ~ E+ern~l
1 o day~s, che princip:tl sum set out in said pr~omisso~tX noee tben i+e~naining unpaid, and all moneys sn:ured hercby, ahall become anci
E~ ~mm«iiscely due and payabk at the optioo of Mortga~e ~rithout notiee or dertiand (whi~h aa herrcby exprc~ssly wvivcd) ,~nd thi~
~:wregage nuy !x furrcloscd ~rith all rights and renxdiet a~otded by che u~r: of Flocida, iacluding the appointmrnc of a mcti.-er, i!
~pplied for by Marc~agce. In che event t6at Morc~a shalt declare tbe Qrir~~ipa! sum set ouc in said promissory nou thrm m~aui-
!ng unpaid, and al) nwneys secum! ~lienby. imnyediaaly due aad pa?~nbk, tk Mortga~Ors-shalh immtdiuely par to Morcga~ce an ~
:~nwunc ~ual co ehe am~wnc at which this uoce could t6en Ia~rfully be prepnid plus aar other ma~eys secured ficreb~.
No delay b~Jltortgagae in.~ercising :n~j~j~.o~ ceo~~he~pdei shaQ:a~CCa~e aLa wiver thec~eof or pmludr thc exercise
cherrof during the cdntinuanoe of any default hercunder, Na ~raiver br Mort~ga of any default ahall cw~scicuce a w•aiver of or
consrnt co subx~ucpt defaults. ~ ~ .
9. This mortgqg an~c~e aote~,secuced here~y ¢onscitute a~-lo~;di oontmt ands~all ~e c~tn~ed acco~ing'to chetaws`oF ih~i
•uce. "The illorcgagors her~eby w~aive all hanestad e:emptions ganted br tbe Censtiiution and Lawrs of Fbrida..
'Che wvenanu tind agr+aments ~cpttaioed in d~is moctga~t s~all run rvitb the Iand and bind Morcaagors, the lxirs, pcrso+~al .
represrntati~•es, surcessors and assigns of Mongagors and aN subsequent o*?ners, eneumbraneen, uamu and subunanu of thc pmn- -
isa, and slull enure co the brndc of che Matgagee, che succasas md assigns of Martgaga and aQ ~.aequent twi~ecs of ch;s
mortgage. .
, W Vi/1T1~~ WHEREOF. the MortRaRors 6ave executod t6is instrumcnt under :al on t!x day and yeu i~rst above written.
SiBaed. seakd and deL'rered
P r~"
t2/ - . ~ '
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Robert L. Barton - J
- - - - (S~-)
TE OF FLORIDA , (SEAL)
courrr~r oF st. Luoie
_ - ~sEwt.~
~~~uy ,~,h~ R. L. Barton a f,~a Robert L. Barton
co me well known aad know~n to me ao be the iudividuaL. daeribed in and ~rbo e~ctcuced the forcgoing instrument, and acknowl-
rdged before nx that ~'lB ereeuted tbe ume for che pnrpose therein espresaed. .
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