HomeMy WebLinkAbout0292 to make sod pertoaa at We ~[oe'ti~[ors~ owu exDaw. sucl~ re~atrs aad maloteaances as Mortiaiee aW hnm tiine b time
requlre. MortYasee belos her~b~ aaade tbe aole ia1[e ot ffie nacesstb W~retor. Wltbout Wdtln~ tbs ~enerau~r o~ tbe ton~oins~
the ]~ortsasozs shall cauae all such buiWin~s Lo be painted oot lass ottan thaa oace ia eveq fhree-7ear Perbd.
S. In tbe eveat tLe Mat~a~ars shall hll to compv witb ~ covenant coatained in DaraRaPb+ a. ~ ar S bereot. l[orfiit~
aw lbut sh~II have Ao oWl~stlao t~) petMrm such caveaant on bebalt ot tbe ldorfiasors and We il~il amouat o~ e~ver~ Wq?meat
made b~ Mo~rt~a~ee ia such caonectlon s6ari beu intaest at tbe rat~ ot 10~fr P~' amum hom tae dsts ao paid and shal~ be ea
cuted tq tt?e liea a[ th4 mort~a~e. It Mortsates sDall perMrm W covenant coaLfaed ta p:ra~r~Dh S. Har~al~e+ mV add to
wcb W7a?ent a fee e4ua1 to 100lL o~ such pyrmeat fae y[aetta~ee's services 1n arranstns auch Perlocmance• ~[act~aLee sh+u
alao t~ave the oP~~ to et~ect tire and e:oeaded oovera~e insurance ia an amount s~flicknt dem Wne t~ time to diseDar~e t1~is
martgs~e and tlie note secured heseb~? and tbe Martsa~ors sbaII have ao iaterest ia such insurance. other than their interest in
such discbar~e. aad tbe full amount ot ever7? WYment anade b~ Masfsa~ee tor such insurance shall bear interes! ~t tbe rate ot
109G Pu annum irom ~t?e date ao paW and shsll be secur~d b7 !be lkn ot tbis mort~a~e.
7. ZLat (a) in tbe event ot aqy such breach at tbis mort~a~e at aq~ at the terms Lereoi ae default on the part a[ tbe MorF ~
~e~ors, or (b) ia the eveat aqtr aums at mone~ r4fen~ed to Lereia be not p~omptU? aad fulb? Paid as the aame become d~ and
p~?sble. ar lc) igtde event ot detault in tbe P~7~eats under said p~oailssu~? note: t6en. it W such detaulb shall oontlnue far
a period ot 10 days, th~ principal sum set ont in said promttsor~ nMe then remaidnt ~npaid. a~l all mare~s secured hereb~. t
shall beeane and be immediatebr due aud MYable at the optlon ot Mort~a~ee witba~t notice or den?and (whicn are hereb~r e~c
pcessl,~ waived). and this mort~aQe ass7 be forecloaed with all rlgDts and remedies aSotded b7 the Lws ot Fioclda. includin~
the appointmeM at a receiva. it applied foe b7 ldort8atee. In t6e event tDat Mort~a~ee sLall decLre ffie P~dP~1 suan cet
aut 1n said PromissorY aote then remainiet unPaW. and aII mone~?s secured beteb7. lmmedfateb due and pq~able. tl~e H~ocfr
gagors shaIl immedlatdY W V~~'~8~ee an amoiu~t equal to the amount at vvb[ch thia noh could tben Lwiulj~ be P~P~
plus aRl? offier moneys sec~Ted hereby ~
s. No de1~? M Mort~ayee In ezerclsin8 W rl~ht ae reme~ hereunder shall operate as a~raiver thereoi ar preclude tbe
ezercise thaYOi d~uin6 the contlnuance at aW? default Dereunder. No waiver bY Mort~a~ee ot aq~ detault ahall cooatitute a +
waiver at ar conseat to sabae4~nt detaults.
7~is a~art~asg~ and the note secured berelp oonatitute a Flocida contract aod s6a11 be con~rued accordin6 ~o me la~rs ot
ffiat abate. Zhe Mortaa~oas hereb~ waive all homeshad e~cempRim traated b~? tbe Coostiludon and La~vs ot PZo~.
The cavenants aad sQeearwts oontatned ia thia mactB+~e ahaII run wiW the land and biad Mort~a~oss. tbe heirs. Pa'aooal
repreaentatives. s~ecess~s and assi~as at Marf~a~ocs s~l all aubsequeat ow+nera. teusnts and subteaants at ~
tbe P~. and shaII enuse to tbe beaeIIt a[ the Mert~a~ee. We successors and asslsos o~ t6e Mort~ee and all sub~mt
hoiders o[ tWs a4ortts~e.
IId WTINES.S WHEREOF. tbe Mort~a~crs Lave e~ecuted tbis instrum~t uoder seal oa t1~e dsY and 7ear !lrst above writtea.
Si~aed. se~l~ed and deLvered -
in the ence u .
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` ~.7' 1 iax:i , a_~er
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~~leanor C. cer
~ OF-~T.OR~DA- ISEAL)
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. COUNrY OF Ia~ ~i e (SEAL)
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Ber~~ me ~~ur arce~~a e~nor Collins a;'_cf a ~leanor C. 3aker and ;
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to me weri known and known to me to be the individ~al.~ described !n and who ezecuted the foregoL~ L~~ ~,id~d
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knovvledged betore me t6at t i„'-,~,T ezecuted t6e same for the purpoae tberein e~sed.
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wrrxESS nar bana a~,a om~tal seal 29th day ~ Jun - ~ ~ - ~ i , , - ~:r. 1
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