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Home My WebLink About1161 . ; 3 • ~s22s~ MORTGAGE TO SECURE NOT E FtORiDA TAIS MORI~CA(iE. made thls 2aLh da~ ot !'ot?~.tt1b~'I` .1%? ~ ~~s£~~~ c+ T? 1 11''~El" ~Tt'a jlp.~.Ct1.~. 7 r_ Re~ ~ i n~n~~ ti:i ~ t•T! f c a fkJ~ D~rctti~r 1 1 ^.,i~;.~~er ~ _ ~ - o ~ C~' F'i "I'C @ _ , ~OI~i~ $CiC~Di~EI' CiuC~ ~O[t$a$Ola~ ~ i ~lI-Craft Ind~.tstries, Ir_c. ~ ~ hereinarier callal Mortga8~: i ~ W1TNF5SETH: In consideratioa of t~e principal sum aet out in the promissorY notc of even da*x h~with bereinaft~c described. and ior other valuaWe coasiderations. tbe Martgagors do hereby grant, bargain. sell. alIea. remise. release. conv~ and confirm unto Mort8a8ee. its successors and assigas forever. the fol2owlog descrlbed properfs. situate t~ c t. L.L ~ i~_ . ~ CounXy. Florida: f . . ` : - i T.~ ~"1, _,~~re.~ Tjqgnt~•,,.?~~ ) c f~loc:: "Y", accordin~ to t?le j ~~v~ se:~ :~aap c.~ saici ?~locl: o.~ lla-.ia:?~~a Vists ~~:~div-_? sion to ~.::e Cit~~ of ~~ort ~.erce, Floi•ic;a, as recorded in t..:_e P~blic ~ :.eccrds o~ S~. Ltic? ~ Cc~?nt;T. !r ' ' ttEtc~vEO : IN PArM~rt o~ t~x~s OU~ON CL~~S'C' INTAN:=IBLE PERS+)~?~l ~`~t0!'EN1Y. w ~ I~ ~'C ~F ~ L U~~ ~~f i PU~LhNT ioLHArTER2i•rs~ ACicUF 1~I1. v~ DOCIIMENTA~" STlaMP T~iX R~'~- Ci-rk Cir_.wt C_v?t ~ Z = =`o~ `'t _ w Agen~ E..r ::J I TI~ M. IA::.-S ~ = DEC-4'S7 ; ~ ~ = St. luca Cowdy Tax Cotlectw F' ~ _ i~A4 i ~ J O N C0~1?TROI~=_r~ ~ pR, i~9138 oa~ ' ~y.~..~-- ` DEPUTY CIERK i TOGETHER WrPH all and smgular. zhe tenements. hereditaments and appurtenances thereunto belonging or in anywise appertaininB and the rents. issues and profits thereof. and also all buildings. shvctures and other imp~rovements now or here- arier situate thereon. TO HAVE AND TO HOLD in fee simple the above granted and descdbed premises unto hiortgagee. its successors and assigas forever. The MortBagors hereby covenant with Mortgagee that tbey are indeteasibly seized of s~id land in fee simple: t6at the Mortgagors have full power and lawful right to convey the same in fee simple as aforesaid; that it s6all be lawful for Morw • gagee. its successors and assigns. at all times peaceablg and quietly to enter upon. hold. occupy and enjoy said land and every part thereot; that said land is iree frnm all encumbrances; that the Mortgagars will make such further assurances to pertect the fee simple title to said land in Ddortgagee. its successors and assigns. as may reasoaably be required; and tbat We Mart- ~ gagors do hereby fulty? warrant the title to said land and every part thereof and will defe~ the same against the lawtul claims . of all perso~is whomsoever. • I PROVIDED ALWAYS, that it the Mortgagors shall: (1) pay unto Mortgagee tbat cerfain prom:ssory note. eaecuted by tbem ~ . / ~ ~';.,c Lho~~~ar~r~ i~ V2 "'lrlyT"E~ S1'Ct" tT•10 1riG -:C/=-~V nnlt rs concurrenUy herewith. :n the sum oi a 1 S 2,~5 c' 2.~_). said sum being payable in mortbly installments ot i1~ 2- r'~ each, the 5rst installment due an the~hdaY o~-.~Tsir~ngrv . 196~-.and an additional installment to be paid on thp 1~'ith ~jr of each succeeding nionth Wereafter (or on t6e last day of aqy succeeding month which has no such day) until said sum has been paid in full except the 5na1 installmeat shall be ths balance due and (2) pertorm all the covenants and condifions of said prom- issory note and any renewal. eztension or modi~icatioa thereof, and of this mortgage. then this mortgage deed and ibe estate ~ created hereby shall cease and be null and void. TLe Mortgagors further covenant and agree to and with Mortgagee: 1. To pay promptly the principal and otber sums ot moaey payable b3 virtue of said promissory note and oi this mortgage. 2. To pay all ffie tues. assessments and encumbrances of every nature now on said described property. or that hereafter may be levied or assessed thereupon. when due and payable before they become d~linquent, and before any interest attacLes or any penalty is incurred and promptly furnish Mortgagee wlth pmoi of payment therefor. 3. To place and continuously keep, on the bu~ldinSs noav or hereafter situate on said land, fire and extended coverage ia- ~urance in an amount of not less than the amount which may from time to time be specified bp the Mortgagee, in such insur- ance company as may be a~proved by Mortgagee; pmvided. L~wever, that if Mortgagee shall at any time be obligated to main- . tain tire and eateaded coverage insurance on said buldings. the Mortgagors shall be excused trom pertormance d this obli- gation to the eatent of anq such duplicate covesage. All insarance policies of the Mortgagors shall contain the usual standard mortgagee clause malcing the loss under said policies payable to Mortgagee as its interest may a~ear; and every such policy acd all mnewaLs thereof shall be promptly delivered to and 6eld by Mortgagee. togefher arit6 a receipt far the premium therean. Mortgagee shall have tbe right to adjust with the insurer any loss under any such pdicy. and any sucb ad~ustment shall be conclusive on the Mortgagors. Idortgagee sl~all 6ave the dg6t to receive and collect all proceeds paid on aqy claim under anq such policy, to eadorse the Mortgagors' names to any chect or other instrament a~ payment, and to apply such pa^oceeds in payinent of any amaint due under this mortgage and the aote secured bereby and uq expeases incurred bY MortBagee in processing any claim under an~ auch policy. Mortgagee shall pa7 to tbe Mottgagors tbe balance a~ tbe proceeds. it ac~. rt maining aiter t6e aforesaid deductioas. Nothing contained herein shall impair ~ abrogate tbe right of the lYiurtgagors to p~+o- : cure iasurance form an agent or comPanY af their own selectton as provided in t6e iasnrance laws oi the atate ot FlorLda. 4. To PaY all and singular the cosis. charBes a~ e~cpenses. includin8 reawna~le attorney's fces if ref~rca tor eollectlan to an attorney not a salaried employee o~ the Mortgagee, and coat ol a~istracb o[ title, in~vrred or paid at any time by Ddortgagee because ot t6e tailare on tbe part ot tLe Ma~tgagors to perfacm t6e conditlaos and cavenaats o[ said promissor~ note and oI this ' mortgage. - S. To permit, rnmmit or suifer no waste, impairmmt or deterlacation ot said property or aqy pest thereo~f. to 1cteP and maintain the same. including all bu~7dings now or hereaftet dtnate on said premises, in good cooditba and repair. and promptb 6,~~59 P~1i49 ,~%~,J ~ ~ . . . ~ . . - ~