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Home My WebLink About0613 c~~~~ at all timasp~oo~bly aad quietly to enbec upo~a, ho1d, oocupy aad eajor ssd Wnd; t~hat said Lwd b hee frotn a1l encumburioes; that they ~vi~ tn~lre futther asaaanoe~ ~ per[ect tbe fes dmp~e Htls to aaid laod i~ die Assodatlon as ms~r reaso~?bly be requi~ed~ aad d~at tLep do Lerab~? ~ully warrant t6s ttds ~~atd land and wtll deEend tbn aame Against the ~awful clainnf of all peisont wtwn?aoever. , , . PROVIDED ALWAYS that if the M agars s1~aD weU xnd trulY PoY unto tbe Associatloa~ tbe fadebtednets evicleaoed by that oe~tain p~amisway mbe, af even d~ea~~acewitl~, mods by die Moct~6°~ ~ P~YabJe to tl~e Assoctation, in the I~'~P~ S~~m Vf ..l~!~.ia~7~T~.~..11.[.L~_~i.X.~~ R1.X.~~XY~-~~~`~~~w~~~~ ~--1J~i~i ~7.~J~1lV-~.~5~...._ /s whicb twte, togetLer with intereat tl~eoa as thecefn specified, is payable in anonthIy? insdtilmenb of------ ----FI~Y-EI~TgNi2.NQLIQQ--_-~---~-~-_-_--------------.--_-_-~-.mn~a ~=_58,.4_0__------ ~ an a~e.----~-----___aay of ead, manth oom~ndng with.--•------ ..J.l~ng_.4._ 1~67 whia, p~yanenb are to be uppljed, ~nt ~o tatr,rert, and d~e balaace to p~incipol, until said ~tedness is p~id in full, and sbaD p~fonon, ~ with and abide by cach and every the ~ipulatioas, agrcemeata, condit~oos and coveasnb of said p~+o~t~.~ocy noee aad _ ~~80. ~8 any advanas maae by the As'orlatioa to the Mo:tgagon, or their su~ois in titk~, foc anY P~P~ at at~y time befo~e the release and cancellation of this mo~tgage, birt at no time sball thi~ mortgage secvra advan~es on sooonnt _ of said ~iginal note togethex wIth such additlonal advancea in a sum in exoas of_,SI$.TA~II,GA_1~D..E~Yr: ~RFD ----1~ND.~ITS2~1StQ- _Dollars (~_~,~`Q4~.QQ___), plus any adva~xes neoes~ry ro protect tbe sectuity and cost~ tbea this deed and the esmt~e hereby cxeated shall cease and be nun and void, AND THTs MOAZ'GAGOAS DO hereby a~venant and agree: 1. To pay alI and siagular the aad 'mtec~est aad other seuns of nnoney payable by virtue of said promissory note and this mortgage, or either, promP~Y~~~Ys r~pecHvrlY the same severaUy c~mme due. 2. To p4y all and singular the mses, a~neat~, levies. liabilities, obligations and incumbranoes of every nature and kind now on said de~scxibed- P~'oP~Y, or that lu.reaher may be~~k~ e~dnas~~~, or asseased tl~reon, or that hereafter may be levied ~ ass~sed upoa tl~ Mactgage, o~ the hereby. cach and every, whe~n due and payable, accord'mg to law, befo~re they become deW~quent, and before any iuterest attaches or any is incurred; and ira~ofar as any thereof is oE raoo~rd t~e same shall be promptly satisf'ied and discharged of reoord and ~~e~oaginal off'icial document (such ss, for uutance, tLe- #az receipt or the satisfaction paper ~offidally eadorsed or c~ertified) shall be placed in the bands af said Association as Modgagee within tea days ne:t akar payment; and in the event that any tha+eof it Ywt paid, satitfied and dtacharged, said Association may at any tinne pay the same or any p~rt thereof witbont waiving or affecting any option, lka, e4uit~' or nght - ander or by vim~e of this M~tgage~ and tbe full amount of each and every such payment shall be immediately due andpa yable and shall bear in~ from the date thereoE until paid at tl~e rate stated ia the note secvtecl hereby and together with such inter- est shall be sec~u~ed by the lien af thia Mortgage. 3. To keep the baiWings ud all cquipment and pt~sonal propertr norr or hereafter on said premi~a oova+ed b~ thi~ mortgige, i~u~u+ed in a sum equal to at leasc the amounc of che a~ongage, or an am~unt wffiaenc to aomptr ~rith an~ oo-uwnaoe nequirt ment coverir~g the a.nx ander the la~rs oE tLe Stato of Florida, ooverir~g los~ irom both Cire and swrm. mating tLe lon under said polida. each aad every, payable co the As~ociacion. as mongagee, as iu inceresc mar appear. and said imuranoe sb~all be in a good and rapo~ibk iasurance oompanr ucistaaory co :aid Aswcizrion. and ~vriceen hp a respomibk load ageat satisfaaor~ w~id Mw- ciacion: and t6e policy or poliaia ~hali bear a scandud mortgage clause withoeet oontribution. and. if the original principal amount of the mortgage is Fiiry Thouund and no/ 100 Dollats (~50.000.0~ or in acoe~t thereo~, shall be hdd bp tbe A~ociation, and, in - che event an~ wm of money beQOmes pay~ble under wdi polic7 or poliaa. the Aaociation s6all have tLe option to reoeive and aPPI' the same oa aaoount of the iad~btGdness hereby secured, ot to petmit the mortgagozs w reoeive and use it, or any part thereof. for other purpo~~s. wichout tharbg Mraiving or im~aiting an~ equity. lien. or right under and b~ virtue ot th» moregage, and may place ~nd pay for such insunnce, or my part thereof, ~riehout rvaivi~sg or affating ib option to toralae, or any right haruader, and the full amount oE each and every such papment s6a11 be immediately due and payabk and ~t~alt beas interest trom the date chereof until paid at the nte at~eed in the aote ueurod hezrb' and togethrr ~rith such iatenest ~Lall be ~ecund br the liea of tLi~ Mortgag~ ~ 4. Topenm~t, commit, or suff'er no waste, impairn~eat oz deterioration of said property, or any part thereof, and upaa the faihu~e of the a?ortgagors to keep the buildiags oQ said piope.rty in good condition of rep~r, the Aasociati~ may demand the immediate repaa of said ~uildings or the immedaate•:epaYmeat of the debt her~by secured, and the failtu+e of tltie mortgagors to ooonplp with said demand of the A.ssociation for a period of Thrty (30) duys, shall constitute a breach of tlris ge, and, at the option of the Atsociation, immediately maiune the entire amount of principal and interest hereby secured,~die Association, immediately aud without aotice, ~ may ins~tute prooeedings to foreclose thic mortgage and apply for the appomhonent of a Receiver, as bereinafter provided. 5. Thit mortgage ooastract piuvides for additional advances which may be made at tbe option of the associatbn and secured by this a~tgage, and it is agcr~ecl tLat in the eveat of such advances the amount may be added t~o tbe mortgage debt and sbaII increase t~e ~mPaid balanoe of the note hereby aeciued by the amount of snch advanee and sball be a part af said note indebtedness under all tL~ temu of said nole and this oontract as fully as if a new such note and oontratt were eaecuted and delivered, M additional advance agreemeat may be given and accepted for s~ch advanoe ana pro~ridon may be made for ciiffetent manthlY 1~Ymeats and a differeM interest rate and other a~odifications a£ tbe oontract, b~ ui all oRher respec.~ts thit mntract SIu~II remain in fuII force and effect as to said indebt~ nocludmg all advanoes. 8. If any of the sums of maocy herein raferred b~ be not P~PUY aad fully paid wit6in Tbirty (30) days next aker fhe aaase severaDy come dne az?d payabte, or if each and evoery the s~~latbns. a~~ conditions, aad coveaaatr of saicl promi~,tory note snd thii deed, or either, ax+e not dufy pukamed, complied with and abfded by, tLe agg~egate suin mentianed ~n said pramitsory Aote and any otLer amount or amounb added to the mo~tgage indebtedness under tbe terms of this moitg,age shall became due and payabb fortbwith or thcreafter at the option of the Associatioq as fulty and ou~npktely aa if said agg~+egate sum~mooey was originalty stipu4t~ed b be paid an suah day, anything in said prna~issory aote or henein M the oonlrary not- & . 7. To ddiver bo tbe Associatioa, on or before March 15th; oF eacb ypr, ta~c n+ceipb evideadng tbe paymp~t of all 1aw- fu11y~ tazes for t~e pseceding ~daryear, to deliver to the As~ociation receipts evideaciag the p,ymeat of aII lieos for i~r'p~+oMe~enb withiu ninety (90) days.aftet tbe same shaII t~ecome due and payable, and ta pay ar d~rge vvit6in ninety (90) days aftar dne d4te, any snd all govemmeatallevles tbat may be made on the mort8a8"~ P~Y• on this m«tg~ge or race, a~ in any other way resulting f~om the mortgage f~w~ebtedness sacured by this mortg,age. ~165 g~ ~ ~ C:~ . ~ . _ . . . -~~~~~.°`~~rr-.:= , ti~ . =s~j~3 .