The URL can be used to link to this page

Home My WebLink About2984 oi cne Mon~aQ.e Dscome lnuneafaceb? aue aAa p.~?awa vvtcnouc nocke. .na rroaeainp m~v be lnsawtea by tt~e ~[orc- ~ ~ee for the reoover~? tlkreat by loreclowre o[ thls Mort~e. or in i~ay otMr manner permltted b1 law ~s the Mort- QaQe~ any elect. WWet 1w the note or fn tNs Mort~a~e oontaln~d to the oontnrf thereto notalt~4adie~. Upoa fore- ciosure oi tAis Mort~a~q tAt Mortsa~e~ Nall be allow~ed as • part o~ tDe lndebtedner sacurad Mreby. ~nd the Mort- ~i~ ~ WJ?. a11 oati and exp~ues fneurred !n oonn~ctbn tAerewith. indudin~ reuoaaDle attorne7?''~ fee~ oost of tltle ~nd tax xar~A and tbe entendoa W date ot an abstract of tiUe or tltle po11q: and fa ca~ ~cA ior~clasure prooeed- ia~s are setUed before the coosuma~atton thereof or tAe entr~? ot lud~neat ~tY wcb oosts aM expea~es ~ad othtr c1~u'~es so lncurred. lncludte~ a re~uanable attoraey's fee. vwll nevertheler be pdd. ~e ~tortsa~ee or W P~~Y terest. beln~ the hf~hed bldaer. m~y be a P~haser at an~? foreclaatre nle. Any electtaa by tL~ l[oe~t~ape as Mrein pro- vided tor m~y De acercised lmaoedL~teU? upon dehult. o~ at Iu?Y ~e tLere~tter. ~nd nothtn~ sl~aU be oonstnied to be ~ wdver of sucl~ rl~ht unlas wWenad D7 aa lnshwiaent 1a wdtins to that eQect dub executed b~r tbe l~ort~a~ee. TtK Mort~a~or ~raiws all rl~ht ad bo~neste~d ~ad exeaapticn inated bl? tne C~on~titutlon and Lws oi ~io~ida. AND THS MORI~GAGOIi FURTHER WNVENAN'18 AND AGRh'ES: 1. To pe~y tAe prindpat indebtedaas with interert as !n the aote ProWded. To W~Y ~onW7 unto the Mort~agee. in addition W and at the tlme and place for each payment oi prlndpal and lnterat. sn lnstaWn~t d e~ a~ the follow- in8 cbar~es. (a) Taxes aad wesamenta, ~eral or speclal. ana all oWer charga levted or to be levled a~dnst tlie premises. - (b) Preminms to became due wd payable for, and to renew. the insurance on the premfses a~ainst las by Me and auch ottier harards„ casuaitles and contlnswdC~ ~i ~er~1n_P~vlded iQS ~ L'~911j~ lrom Wne to time. The amount ot the respective moatWY tnstall~nenb shall be Mual to the unount oi the annual rapective cbarge next due (as eWmatM by the Mort~a~ee). lers all InstalUaents atreadY W~ t6erefor~ dlvided by the number at ananW,Y 1a- slaUments tLereior beooming due not Lter Uua one anonth prbr to tAe due date ot ~y? auch cAae~e anA ahsll be sub- ieM to fncrease or decrease to the extent mluired to create ws oi a montWy psyment date on We note not leas than oae monW pdor to the due d~te at an~? wch char~e. w atAOUnt p~eten~. fo3 ~e _psyu~nt,, thereoi wben due and payable. Ia no ewent shall the Mortgsgee reoeivin~ wch paymeat be Uable for ~ny interest on atqr a~nount pald to it as herNn reqn(red. and the money so received may be held wtth 1ts oan iunda pending psyment or appUcatton thereoi as herein provlded. The MortBaSor shall t~rNsh unto the Mortgagee at least Siteen days betore the due date an of8cial statement oi the amount oi any taxea or a~essmenis neat due. and sucb Mort~a~ee sball pa7 the above char~es to t!~ amouat of the then unured ¢redlt theretor as and vPhea Ney becoane sev~ally dw and payabl~ The ldort8+~gee maY. at its optlon. WY an3? oi such charSes a?~n P~Yable. elther Defore or atter they are delia4uent, without notice. or make advancea therefor fn eza~e ot We then amount oi credit for satd char~s. The ezcer amount edvanoed st~all be immediatel,Y due and payable to the Mortg~gee and shW be seeured as an addittonal prindpal sum under Nis lnstruanent and bear the same rate o! intereat Lrom date oi advancement as the prtndpal lndebtedneas. Aa o~ldal receipt therefor slull be conclusive evidence oi such payment and oi the valldity oi md? charges. The Mort~a~ee mep? apply credi4 held by it ior the above chargea, or any part thereof. on aocount oi any delinquent lnstallmenb o! prlndpal or fnterest or any other payments maturing or due under thls instsument end the amount of credit existln~ at any ttme sdall be reduced by the amount Wereoi paiid or applled as herein provided. The emount oi the existing cndit henwnder at the tlme oi any trander oi the P~nY ~ without a~nmeut therea~ lnure to the bene8t of the wooeaeor or?ner ot the property snd shail be applled under and subject to all of the provisions hereoL Upon the payment fn full oi the indebtedneas. the amount of any , nnuscd ciMit shall be applled to the payment thereoL The Mortgagee msY collect a"late ch~rge" not to exoeed Lour centa (4c) foi each one dollar (i1.00) of ench moathly : installment payment required on the note end under tWa Mortgage which is more than Sfteen (15) days in arrears. to cover the extra expense lnvolved 1n handlin8 delln4uent peyments. Z. To pay, When psyabie. all taxes and asseasments. general or specW. water rents and gronnd rents aad all other charges whsboever levied upon or asae~ed or plaoed a8atnst the premisea. ProvWon for which has not been made here- ~ inbetare, and wlll promptiy dellver the o~iciat receipts therefor to the Mortgagee; to IlkewLe pay ail taxes~ assea~eats $ and other cbar~es, levied upon or asa~ed. Placed or made against thts instrument, or the indebtedness or any Wterat oi ' . the Mortgagee in the premlaes or the o6ltgations secured herebY. Provlded thet tLe psyment oi any sucL tax as~ss• s ment or chsrge by the Mortgagor L~ not contrarq to law or would not result !n the psyment oi an unlawtul rate oi lnter- est on tbe lndebtedaeas herebq aecured. In the event of the passage after the date oi thia instrument oi any Lw ot the State. or subdivlsion thereol. wherein the premiaes are aituated. creat[ng or pmviding for any taa, asee~ment or chargt ~ which by the above pro~viso is not to be peid by the Mortgagor. the indebtedness ~ecured hereby toget!?er with interest due i tha~eon, shall. at the option oi the Mortgagee. become immediate~jr due aad payable. an$ !n the event paymeat there- 'I of b not made forthwith, the Mortgagee may take or cause W be taken such act[on•or prooeeding as may be taken here- ~ ~nder in the ca~e oi aay oWer default in the psyment oi the indebtedness. ~ ~ 3. To keep the bufldings and addiUona therito on or hereatter erected or placed upon the tand insured agalnst lo~s ~ by Sre aM wch other hasards. casualtles and conUngencies. includin~ war dannages fi at a~? tlme a state oi war e~data or ~ !t appean to the holder of the note that war is imminenk and in such emouats and for such perbds, as msy be requtred ; imm time to Ume by the Mortgagee. and to paY pron?PW? when due all premiums on such inaurauce. provWon for psy- ~ ment oi ahich haa not been made hereinbefore. The polides o! insuranoe shall hsve loss psyable provWons aooeptable to the Mortgagee and shall.be deIIvered to and held bq the Mortgagee. or as it msy direct,,, until thfs Mortgage is sstis6ed. Aenewal policies oi insurance. premfums for ~rtilch have been fuIIy psid. are to be lurn'Wred to the Mortgagee at leart : 8iteen dsYs Prior to tLe expiration date of the Ins~rance therebp renewed. The insurenae"shall be writtm fa eompaafes { approved bq the Mortgagee; in no event shall the Mortgagee be held responsible for failure to pay for any insurance written or for any loss or damage grotivin8 out oi a detect in any pollcy or gmwing out oi eny talliu+! ot any insurance oompanq to pqy for any loas or damage insured against. In the event of la.s the Mortgagor shali glve imnnediate notice by mall W the Mortgagee who may make proof oi loas if not made pmmpW? by t8e Mortgsgor; each insuranae compaqy ~ eoncerned b. hereby authorized and disected to make payment for loss directly to the Mortgagee instead oi to tLe Mort- ~agor aad the Mortgagee fointly; tLe insurance pmceeds? or a~Y Part thereot. maY be applled by tUe Mortgagee, at its option. to the expenses. ii anY. incurred by it fa the collection thereoi, to the reductioa oi the indebtedneas hereby se- cured~ to tLe restoratlon or repalr oi the pmperty dams8ed. or relessed to the Mortgagor without liabillty npoa the Mort- _ gagee for sucD release. All polldes of insurance are hereby asstgaed to the Mortgagee as additlonal secorlty for the pa,y- ment of the sums ana fntereat secured her~by; fn the event ai foreclosure oi t!~ Mortgage or other tsander a~ tlW to the premises in extingulshmeat oi tLe iadebtedness. all rigbt, tltle uW Snterest of the Mortgagor in and to any inwrance ~ polides Wen in force shall pess to tbe purchaser or grautee. : To oomplete wfthin a reasoduble tlme any bullding or bulldings now or at any tlme fn t6e proceas of erection upon 3 tbe Lnd and to promptly repair. restore or rebnlW any building or lmprovements now of hereafter on tl~e IatM whtch ; may became dama~ed or be deatroYed. ~nd not oommit or Permit to be done or r:id en aar abont the premba aoything g --alwreby-t6e-ptrmfsa s~ari become le~s valwble; to comply wfth W laws. n~les. regulaUons, or or8inancea oi asqr govrrn- f mental aa~eency and not Wolate or permit the vioLU~ as to t6e premises oi au~? buildiag or nse restrictloas; to keep the land ar~d imPravements thereon iree irom mechaniNs aad materiaimea's lk~ns and wiri not suQer aqy llen snperbr to the llen created b~? tWs lnstn~ment to at4ch to or be enforce~ sSalnst tUe premi~a. 5. If detault be made in the payment oi taxes, a~aents, Lens, clalms, insurance premlums or any other c2~arge whatsoever, ot any part thereoi. or in the performance oi aoy act. to be patd or pedormed bp tLe 1[wrt~a~or under the - provldons hereot. the Mortp~ee mq?. at 14 option, make p~yment thereM or periorm aay act requfred a[ tbe MortQa~or in an~ form or manner deemM expedient and pay any other sum tbat is neoenary to protect tbe sec~=fq? oi thls instru- , ment; t6e amawb so paid. wlth lnterest t6ereoa troa~ the date of such payment at tbe s~a~e rate u borae bp tbe prin• . dpal indebtednas. sball be ana~ed as an addltlonal 1len oa the premfaes ~ud shall be addM to a~ beoome t p~rt o[ the lodebiedneat ~ecured herehy and be immedfatelp due aad p~yable W tbe MortgaQee. Any p~ynxat bereby autlasised to be m~de b9 the ldottsa~ee a~y be mbe aoooMtng to a~? b1U. ~tatement or ~te ltirnhb~d or ps~ocured L+om tbe appra- padate nnbllc o~foe or the wrb ~s wr~c witbo~t saqulr' cnco t!k aocursc~? or v.udity thereot~ .na tne reodpc o~ Dnblle o~ioer or partr ia tLe hands oi the Mcet~ee st~W be conciudve evWenoe ot tbe valWib aad a~aount a[ itan w pafd• the'![ort~ee sba11. at ib opUon. be wbro~ated to an~? eacumbraooe. 1lan. clatm oe danaad, ~ad t~ all the rljhts s and seeudtla 1ae tlN pymeat theseaZ. Pafd or dfseharted wlth the P~~~,D~ sum secured hereb~ oe b7 tbe l[ort=a~ee ; and~r tI~ P~'~ aad aa~ wch aubr~atloo ri~!?ts sh~ll be additfonal ~ad cumulatlw secutit~ to tbfs f[ort- ~ ~ ~ . a~K ~67 P~ 2982 ~ . ~ ~ ~ _ _ _ - ¢ _~~7 ~ _ ~;,v_... _ _