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HomeMy WebLinkAbout2791 ' ' e ~ xnd pcrform at tbr Mortgagon' OMl1 CI~ALt, :~h ~~as~,~r t~ ro~ royw«,1Ny~cga~~~c. tx;ag hrr+eby made the sole juclae of che t~ccessitr tbcrefo~. '~it6ouc W~icin cbe' t oi cbe t an chc Morc a~~:. .h~ll a cauvc ~II su~6_bnilJin to be g g ~ A~ P~inced noc lea ofcea thaa ooce ia e~ra~ cbe~ecayar '~q~, r °K8 8• c 6. ta the evenc cl~e Marcaa`~ sbal! fai! to complY ~ridi sop c~ora~snt ooucsiued ia parsa~ 2, 3, 4 0~ f I,ercof. MorcRagtc may ~bu~ ~hall haYe ~w obLaacioa w) perfonn n~c~ oo.eowc aa bemtf a4 c6e Mor~assora sud c6e full ~,no~c of ~rery ~;rnxni madc by Morcgaga in ~ch conu~ccios shall bar iaarat sc tbe aa.o~ 10~'~6 ~a anawn from che dau ~o paid aad sluU be x~~urrd ~ bp t~n ~ a~ ~~a,,~ ~„u ~,r ao~?~c ~,w~a an6~ s. INortasaee msr add co sucl~ pay- mcnc : fx eq~sl to loo'X, af wcb payment fa~ I?~o~cc~,aee's ~rica in arraasiaa ~c6 pafoRnanca MacaaZtee shall alao havr ehe option w eBec~ fire and e:teuded.eorera~ io~uraote io ao amo~4t. ~ci.e.qt f~ae~ wae w ttmt co.di~c6arae thii. ~t~giee and ~he noce serund beetbp sad che Aforcaasas ~tl 6s~e ao inoa~at ia ~uc6 in~uranes, o~l~et c~o cbdr incsrect ia such di:cbarge~ arn# cbe ~ f~~t anwrn~ of era~? pa~ene ayde bp Alactaaes for wcb ioaru~ce slr~ bar inoawe ae ~be .raa o~ ~ogi• per annum frum chc :l,tr w paid and shs0 be ~ecured br clie lien of t4ia ~noetaaae. ' ~ 7. Thac (i) a cbe e:a+c of ~nr bR.c6 af chu ,no~cgaae or any ot ~6e cen~a ue:eof or defaulc on che parc oi c& 1?to~c~~xo~:, ~x (b) ~n ~~~n,~ ~r :w,~ ~~,«~y ~0 6«~ be Q« ard idy pa~d u cbe same becoR~r due ~~d wyshlt, or ~ (cj in the event of defa~lt in tbe payments nnder s~id praniaory twte; thea~ J aap of sucb defanlu shaU continue for a prri~~i o! ~0 days, che principal sum irt out ia said promis~oryr qote d~u t+cmainina unp~id, and aU ~naneps secured hercby, shall brc:n~x aod ~ tK: io~n~rdiatcly due and parabk at ttie option of Mortaaaoe writbout notict or de~nand (which are bcreby ~prasly ~rai~cd), ~u:! ~hi. ~p n,wcgage nwy 6e f.xecloxd aitb ail riabtt and rrmedip alrtaded by tbe I~as of Flaida. iacludina the appointm~~ of a rn:~ivcr, ~f s}.~?l;re1 for by Morcgaaee. In the event tlnt Mortaaaee ~hall declare t6e priqtipal swn itt ont ia said ptomis~ory nott tha~ n-main- inr u~ipaid, and ~,~n ~„n~ 1,~by. immediacdr due aadp yabk. tbe Moctaaaocs :MU ~~+n,~y«~r wy to Mor~R~gec amounc eyua) to thc amuunt at wbich t6is eoce oould t1~en ia~rfdfy be Pe+eQaid phu an~ odkr mone~n sacund hereLy- R. No delay by Mortgagae in exercisiaa an~ riaht oc remedy bereuader shall opeau u a rvaivcr thercof or prccluck che racrcis~ ~I:errof during che continua~ce of any defautt l~ereundix. No ~?airtt by Mo~tat~ee of wy Jefaelt s1~a11 tons~itute a v~aiver of ur consent to suMcyurnt delaults. 9. This mo~tgage and cbe note se~uad her~eby raerdtute a Fbrida oaatract and sbaA be coastrved ucordina to tix h.vs uf cl~ac staee. The Mortgagors hcreby w*aive all lwmestad acemptioas arantod bp tbe C.autitution and La~r: of Fbrida.. The covrnmts and agraments tontained in thit mottsaae s6all tua writ6 the land and bind Moctaagots, the heirs, pcrsona! npresmucives, successors and auigns of Marcgagors and ap subequen~ o~vnas, menmbranoers, tenana and subtenants of che prem- isa, and :h:ll cnure 'co the bendc of che Moccgaga, the suceeuots and as~iaas of Mereaa~oe aud a!! .wb~pqueac hdders ol chis mortaaae. • , IN VD'ITN~ WHEREOF. cl,e Morc~taRors have euecuted chis in~crne~rnc eader aal on tbe day anJ yar bisc ~6ove ~vriccen. SiSned. ~akd and deli~erad - in cLe pc~aenoe of: ; r _ ~ ~ i ' ~ (~L) ' ~~.`l~ fs~) ATE OP FLORIDA (SEAL) ~OUNTY OF $t• I.11C~6 ss.e ' - . - . _ - - - ~ (SEAL) s~«~ pa,~,u~ Demerv Bennett and Doroth~ Be~nett, his -xtYe , . oo me wdl knowo aad kmw~a to me o~ be t6e iadiridwl$ dacn'bed ia s~d ,.bo ru~c~a ~e foreso~a ;~sc~c, ,nd uk~,o..l- edRed before me char thA4~ ~:ecuted tbe sa~ne for che purpoae cbaein expressed. ~ ~ ~ y ~4 . ~r~'ZVESS t~ ~a ~~t ~1 ~ l~th a~ ; ~ .1.~, jz - r - ~~-:.~:::.r; ' 1'7 ~~r - N Pnblic, Suu of Flocidi ~ U 7;~ t L'~- dosa P• l ~ ; ~ , ~1 _ _ M ~oa,mission ezpira: ' : 1 `C : HO~ b Q~ 19~~ , / ~ ~ ~ + . ~ . - . FIlEO AND REC R ~0 ST. LU IE C UN Y, i ~ n~C ~0 ~ERI I f ~ } ~ ' ~ '61 ~ e ` o ' g -is3~ Z ~ ! ~ ~ ~ o fi0~ tTR k' ~ CLERK IRC fT p R~ V ~ ~ _ ~ ~ ~ .~ww ~s.~~ a~ac~~~ ~~~l~$ ~ - ~~~•i~y 1~,.~~ y~~.•,..1 - . ~ _ ~ +s-h:; "'F: ",s'~`~`