The URL can be used to link to this page

Home My WebLink About2468 oi tAe Mort~~ee become ImmedlateLY due and pp?sb10. witAout notice. and P~~ ~?+1Y ~~tuted by the Mort- ~aSee for tAe reca+?et'Y thereot by loreclosure o~ Ws Mort~e. or ln ~uLl? other manner periNtted ~]aw ~s tAe Mort- ~aQe~may elect. anythta~ ia the not~ or W Ws Mort~a`e oontatned to tbe ooatrae7 thereto notwltdtaadloi• Upan fore- cloaure o! tAis Mort~a~e. tAe Mortsa~ee sbW be allowed as a part ot the lndebtednen ~ecured ~erebY. aad the Mort- ue and f,~ax se~ aad tM ~e~cteAdon to date at~in ab~tnct ot~tltlve o~r UW P~~Yyt~~d~~~or~ctiosure prooeedt lags are settlM betore the ca~tnnmatfoa thereo! or t4e entry ot iudgmeAR any such costs and ~pea~es aad otl?er ch~r~es so lacuc'red. ln~ludla~ a reasonabl~ aKcsne7's iee. ~1?W newrt~eleas be pRid. 1Le Mort~asee ot atq partl?1n 1n• terest. be1n~ the ld~hest bldder. nu~Y De a purchaser at W forcclowre ule. Aqy elecitoa Dr tM ~iartsa~ee as herefn pro- viaed ror m4 be exercised immediatels uP~ ~ul~ ce ~t w,y tlm~ tl~ereatter. and aothln~ sl~lt be ow~strued to be a wdver of sucli rt~ht ualea ~oed by au instrumeut 1n ~vritta~ to Wat eQect duly executed by tAe Mort~~ee. TDe Mort~a~ar adves all rt~ht ot bomeste~d ~ad exemptlan p~anted b3? ths Ooatltutloa aad Lws ot Flaida. AND THE MOATGAGOA FUltTHER O~NVENANTS AND AGREF3: " 1. 1b pqy the prindDV indebtedne~s with taterat as !n the note provlded. 1b pq? montl~b unto the Mort~a~ee~ ~ 1n addiUon to and at the tlme and pLce for each payment of piindpal and Inter~t. an 1nstWment at ewch a~ the Lollow- in8 chsr~es. (u Texes aud ~ents. ~eral or special. ~nd ~11 otAer charges lrvled or to be levled a~ainst the premVa. (b) Premiums to become due wd psyable for. and to renew. the lnsuraaoe on U?e Premises s~atnst loa by Sre and wch Qll~er lursrds. casualtle~and contin~nda~ ~s Lereln_~r~vided.lor ot mlWred trora Wne to Ume. The amou~nt ot the resp~ctlve moathly instaLmenb atiall be equal to the amount oi the annual napective cbarQe next due (aa ~ted by the McrtBa~ee). lew a11 lnstallmeats alreadY Paid theretor, divided by tbe number a[ aantdty ia- stallmenb tberetor becominR due ~t Lter ttun one month prbr to the due date a~ W sudi cbar~e and sball be sub- ~ect to increase or decrease to the extent sMulred to cnate as of a montNy paymeat d~te on tbe note not las then one monW pr[or to the due date ot m~? such cbar8~. au. aAiw~WtsutfiClent tor.the paymeat thereoi whea due and paYable. In no event shall the Mortgsgee recelvin8 PsYme~?t be Uable for e~ny lnterest aa Wy amount pab to it as dereln re~lulred. and We maneY so reoetved a?e~Y be held with tts own funds pendtng pa,yment or appIIcatlon thereoi as heretn pmvlded. The Mortgagor ahall furnlsh unto the Mortgagee at least niteea d,ya before the due date an o~cfal stateraent oi the amount at anY taxes or aoes~n~b nest due. aM such Mortaa~ee stu~ll pe~ the above ~har~es to the araount oi the th~ unused crndit therefor as aud when Wey beoome sever~117 due and P~ble. The Mortgagee may. at !4 optloa. paq a~y oi such chargea when payable. dther betore or aiter they are delinquen~ v?Ithout nottoe. or malce advances therefor In e~cce~s oi tde th~ amaunt ot credit for sald chu~es. T6e ~ uaount ~dvenced shall be lmmediately due and payable to the Mortg~gee s~ ahall be secured n aa edditlonal prlndpal wm under this lnstruinei?t aud bear the same rate of interest irom date oi advancement as the prindPal lndebtedness. Aa o~c1a1 recelpt theretor ahall be concl~stve evtdence of such pe~nnet?t and oi the valldity oi such char8es. The Mort~ce msy appty credib held by it for the above charge~ or any part thereof. on aocount oi any dellnquent installmeats oi prindpal or interest or any other payments t matuziaP or due under thts instivment and tt~e amount of credtt extstlng at sny time shall be reduced by the amount j thereoi paid or applled as herein provided. The unount oi the ezlstinS credtt hereunder-at the tlme ot aqj? transfer of the ~ P~rtY st?all wltlwut aa~meat thereoi inure to the DeneBt oi the suoces~or owner o! the PropertY and shall be applled under and subject W all oi the provistoas hereof. Upon the payinent in full oi the indebtedneae, the amount of any tutw~ed credit shall be spplkd to the psyment thereoL The Mortgagee may collect a'7ate charSe" not to exoeed four centa (4c) foi each one doller (i1.00) oi each monthly lnstallment pRyment required on the note and under this Mortgage which Is more than fliteen (1S) daya in arne~s, to ~ cover the extra expense involved 1n handlin8 dellnquent peyinents. ~ 2 To pay. when psyable. all taxea and ass~s~nents, geaeral or special, water rents aad grouad renta and all other ~ cbarges what~oc.wer levied up~ or aa~eased ~ placed against the premises, provWon for whtch has not been made here- iabefore. and wW promptly deliver the oIIictsl recelpts therefor to the Mort~ee: to Wcewise psy W texea„ sa~essnneats and other charges, levled upon or asse~ed. plaa~d or msde against this inatnurient, or the indebtedness or any interest oi • the Mortgsgee in the premises or the obligatlons aecured hereby. Pravided thst the pqyment oi any wch tax aaseas- ment or charge by the Mortgagor is not contrary to law or would not reault In the psyment of an unlsvvtul rate oi inter- ~ est on the indebtedness hereby aecured. In the event oi the paasage atter the date oi this Instr~unent oi any Lve oi the State. or subdlvWan thereof, wherefn the premises are situated. creating or providing for any ta~c. ass~nent or charge ' which by the above provlao is not to be paid by the Mortgagor. We indebtedness secured Lei^eby together with intes+ert due ~ thereon, shall, at the optlon oi the Mortgagee. become immediately due and payable. and in the event pqymeat there- ~ oi b not made forthwitb, tLe Mortgagee maY take or cause w be taken such action or prooeedlag as may be telcen bere- ynder fn the pse oi any other default In the payment oi the indebtedness. € 3. To keep the butldL~gs and additiona thereto on or hereafter erected or placed upon U?e land fa~ured against la~ss , bq ~re and such other hazards. casualties and continSeades, Including war damagea li at any time a state oi wu e~dsts or it appears to the holder of the note that war is lmmfnent, and in such amounts and for weh periods. as me~y be requlred trom tlme to time by the Mortgagee. aad to psy PromPWi whea due all premluma on such insurance. ProvWon for pay- ment oi wWch has not been made hereinbefore. Tbe polides oi insurauce sball Aave laas p~yable pmvWons aooeptable to the Mortgagee and shall be delivered to and held by the Mortgsgee. or as it me~y dlrect, until this Mortga~e is sat4tled. Renewal polldes o! insurance. Premiums for which have been fully paid, are to be furnSsbed to the Mortgs~ee at least Siteen dsys prlor to the expiraUon date of the insurance ttnreby renewed. The in~uranee shall be written in oompanies approved by t6e Mortgagee; 1n no event shall the Mortgagee be held t~esponslWe for fWure to pqy for aqy insuranoe - wrltten or for any laas or damege growin8 out oi a defec3 in any? poHcy or growing out ot aay iWure oi any insurance t company to pay tor any lass or damage insured agains~ In We event oi las tbe Mortgagor shall g[ve lmmediate notice ; by mail to the Mortgagee who may malce proof of las If not made prompt~? by the Mortgagor; ~ch insuranx company : conceraed b.hereby autlwrized and directed to malce payment for loaa directly to tl~e Mortgagee Instead ot to tUe Mort- i gagor and the Morcgagee ~ofnUy; the insurance pmceeds. or any part tLereot, may bs spplkd by the Mortgagee, at f4 option. to the expenaes. 1t any, incurred by it in tlre collection thereoi, to the reduction o! tUe indebtednas hereby se- cured. to the restoraUon or repatr at the pmperty damaged. or released to the Mortgagor without liabillt~ upon the Mort- ~ gsgee for such release. All poHdes oi lnsurance are henby ataigned to the Mortgagee as additional seeudty for the psy- ment of the sums and interest secured hereby; in the event o! forecloaure of Ws Mortgage or other transfer ad tltlo to the premises in extfnguWiment of the indebtedness. all rigLt~ title and interest of the Mortgagor in and to any f~rance polides then in force shall pass to the purchaser or grantee. 4. To connplete wltliin a reewnable tlme any building or bulldings now or st any time In t6e pmces~ oi erectlou upon ' tLe 3aad and to promptly repslr. restore or rebuild any building or improvemeata noqv or 1?ereafter oa tht land wb1cL m,q beoome da~wQed or be destrnyM, and not oommit or permtt to be done or euirt an ~~bout the premisa anyWng whereby Ure pre~nisa shari become leas valuable; to oomply with all laws. rules. re8~latfons. or oidinauoa of a~? gavern- mental agency and ~at vfolate or permit the vlolaUoa as to the premises oi any buflding a~ use ~om; to l~eep tbe Lnd and improvemenb thereon free irom mechanic's and me~terialmen'a llens and wlll not wlfer an,y lien superbr to the lien created by this instrument to attach to or be enforced s8ainst the premisa. ~ S. Ii deiault be msde in tLe payment of ta~ces. asse~menta, llens. clatm~, insurance prtmlums or any other charge what~oever, or any part thereof, or in the pertormanoe oi any act, to be pald or pedormed bp the ~ortsa~or under tt~e ~ prpvldons hereof, the Mostgs~ee may. at f4 optlon. make p~yment thereot or pertorm anp act reqWred at the Mort~or in anp iorm or maaner deemcd a~pedient and p~y atp otber sum tbat M neoe~ar~? to protect tbe sscuslq oi thls fnstru- ' aaent: t6e amonn4 so patd. wlth lnterest thereon f:+om the date of such p~unt at the sune rate as f?orae b~ the pria- ciD~l lndebtadMr? shall be aa~esed es an addiUonal H~ o~ the premlaes aud alull be added to and beoofne a part at the ladebtednes ~ec~u+ed herebY and be Imnnediately due aad pa~able to the Moct~agee. Aay paymeat Mrebp autlwrl~ed to be m~de bY the Mort~ee my? be made aocoMln~ to aep WU. statement or estlmste t~trabt~ed or procurM lrom t1~e appro- prlate Pub~lc o~foe ae tbe Parb cWmin~ Pa~nent wlthout faqutry Lnto the wcurac~? or valtdtb t6eraa~ aad the reoeipt o! ; ~7 D~lk omoer os part~ m the bands ot the ldort~ee ~hail be oonctudve rvidenoe ot tbe vWdlb aad ama~unt oL lte~or ' w P~id: tl~e ]dortsa~se shali. at !ts optlon. be subroasted to any eacumbrance. lk4 claim ae dema~, aad to ~31 tht rf~hb ; ~ snd aeeudtles i~ tM py?meat tba~eo~ Paid oe Ai~ur~M with the prlnclP~1 sum secured herebr ae bp tae liortp~ee nnder t~'t prc~Woro ~ aad an~? wch subro~stion rl~hts shali be ~ddttlonal and cumuiative ~scurlq? to tbls l[ort- Pi~• ; € ~ r ~ r ~ ~ a~Ki67 ~?~24fi8 a~ - ~ ~ - V~~. 3=-= ~ ~ _ ..r:`~