HomeMy WebLinkAbout1162 to meke and pertorm at the b~ort~ators' oMru expease. such repairs aad a?aLntenaacd as MortYa~ee ma.Y trom time•b time
require. Mortjta~ee bein~ bereb~ maae tDe aole ~ud[e d tbe t~ceasiV tberctor. Witbaut Waitla~ t~e `eaerallq? ot 1be tore~toto~. ,
We Mort~asors shsU cause all such buildin~s to be painted uot less ottes? Waa oace in every three-year period. ;
6. In the event tAe Mosyla~o~s shall fail to coanp~ ~rlth sn~ covenaat coatained ia para~raPbs S. 4 or S heteot. Mort~a~ee
map lbut aAall bave ao obllSation to1 pertorm aucU coveaant oa beLal[ ot tde Mcrt~a~ors and the [ull amouat ot evesY Payment
made bpr Mwrtgagee in such conaectian shall bear int~rest at tbe rate ot 1U96 Pa anaum trom tLe date so paid and shall be aa
cured by the liea ot this morl6aHe. It Mart~agee shall periorm aqy coveaant coataiued in W~aPb 3. ~aY~ ~7 add ~o
such payment a he epusl t4100l6 ot such payment fo~ Mort;a~ee'a sesvices in arran~ such pettoraiance. Mort~a~ee sb~aII ~
also have tbe optioa to diect 8re and extended covera8~ iosuraaee In aa amouat sufficiwt iram time to tlme to discharge this i
mortSaee and We note secured hereby and tbe Mortgagars shall have no iaterest in such insurance. oWer t6aa their iaterest in !
such discbarge. aad We tull amoaat ot ever~ Paymcnt made b7 ~~~See foe auch tasursnce ah~ll bear iatcfest at tbe rate ot •
10'X~ Per aanum traa the date so Paid and shall be secured by the lien ot thts mortsa~e. '
7. lbat ta) In the event ot aqy such breach o[ t~is mortgage or aqy ot the terms hereot or detault on the part ot the Mort ~
gagors. or tb) ia tLe event aqy suia. at m~neY referred to nereia be not pcomPW? a~ fal~p Paid as the same become due aad
payaWe. or (c) in We eveat Qf deiadt ia the paY~nts W~der aaid P~sson' note: tben. ii aqy such defaults ahall coatinue for
a petied ot 10 days. the principal sum set out ia aaid promissory note @een remainia~ uapaid. atwl a11 mone3~s secured herebY.
shaII become and be imrnediate~j? due and payable at tae option o! Mortgagee ~vithout notice or demaad twhich are berrb7 ez ~
pressl~ aaived). and this mortBaBe m~? be foreclosed wilb all rig6ts and remedies attorded by !be laws ot Floarida. inc1a11nS
the appa[ntme~ ot a receiver. if ~pplied foc b~ Martga8ee. In t6e event tbat Martgaaee shaII declare tDe WincIW1 wm set ~
out in said promissor~ note t6en rea~sininB uaPaid. and W moneys secured hereby. immediatelt? due and payabie. the Meat-
ga8ots shall immediatelY Pa7 ~ Ma~rtgagee aa amount equal to the amouat at wrhich this tate could lben lawtulkjr be P~P~ .
i
~U8 il~ O~!! I~OaCyS SCCIIY@!~ ~'C~• . {
S. No delaY b7 ~~8agee in ezerclsin8 eqY t3ght o~ reaae~+ hereunder shall M~erate as a waiver thereot or pteclude the
exerclse thereot during the coatinuance ot a~ default hereunder. No wriver by Mortgagee at so~ deia~lt s6all coostitute a
waiver oi or cooseat b subaMueat defaulta.
9. This morfgage and the note sec~red ~ereby constitute a Florida coatract and shall be co~ostrued acca~din8 to the Lws oi
that state. ~e MortgaBors hereby waive all homestead e~temptlon granted by the ConsHtution and I.a~vs oi F1orlds.
The caveaaats and agreements contaiaed in this mortgage shall run with the land and bind MortBagors. t~e Lei~'S. P~~
representativea. successors and assi8os oi Martgagors and all subsequent owners. encumbrances. twaats and subtensnts ot
the premises. snd aball eaure to tLe beneSt o[ ibe MortBagee. the successors and assigas ot tbe Mortgagee and all subsequent ~
holders at this mortga8e.
1N WITNFSS VVAEREOF. tt?e Mortgagors have euecuted this instivmeat uuder seal oa the daY ~ 7ear Srst above vvrittea. i
Signed. sealed and delivered
the presen oi:
~ \
(SEAI.~
~ evie e _~n~er
~ ~s~,,
Doroti~y ~elii ;er - ;
' ST OF FIARIDA «I'~ ~
ss.:
' cotrrrrst oF ~t• Lucie ` ~s~.? '
~
Before me perso~oaliy appeared 1~'t'i '.?al ri;~Gl" ~'2C1 ~OZ'O~;^'r ~A::o ~ellir.~er, 1:1~
Il
t•~ ~`e ~/i-la ncrot~,;? ~e~ 7 i~~er ,
to me well lmown and known to me to be the individual~ described ia and who execut the-- egoing instrument, aad ae-
know ledged be[ore me thac~'_ P executed the same for the 'o ezpressed.
WTI'l~1ESS my 6and and oKcial seal Wis 28th day ot ' ~ . 1~~.
N Public. State of Florida '~l f i~~
at Large. - - '
commissio~n eapires: ~ i . ' • ~ t•
' ~ ~i
+ Aovember 17, 19~~,; `
'.~c;~,.
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z I 800K11~ PAC 1,1~
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FORM 404-962 ~
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