The URL can be used to link to this page

Home My WebLink About2882 . ~ ~ : AND THE MORTGAt30R hereby furiher covenants aa followa: l. To pay the indebtedness secured bY thia instrument accordin~ to the true taar aad etiect oi the proaiisa~r~ note above deacribed, or af any renewal thereoi, promptly on the day or days the same sevesally become due; apd to ~ppl~r promptly on aald indebtednes~ whether then due or not due. on the 4teat maturln~ iastallments tirst, aU the p~ce~s ai aqy or aU the mort~ed pmperq? which may be takea by eAnlnent doanain. 2. 1b ps~? all taxes. aa~ssment~s,pa vin~, sidewalk. aanitary and other public asse~nan4 or llcnf now or here- aiter levied or impased upon or againat the mori a~ed prop~rty and to exhibit to the ~dort~asee betore such taxes. assessments~ Iiens aacl eacumbrances shall be de1~n~uent the oS~cial or authentic riceipts ior paymeat therco and ii the same orany part thereoi be notpa id 6efo delinq~u~ent~~the Mort~ee ma,Y at anr t~nae PRY the eame ~vi~ ac- crued interat and char~es. It any without walvin ~r aitecttnt Mort~a~ee's option to ioreclo~e this mort~~e b~r reason ai such detault, or any r~t hereunder ~ every+ payment so made shall bear interest irom the date the~a[ at the rate oi ei~ht per centum per annum, an~ all such pymenta with interert shaU be aecured b~ We llen hee+eoi. S. Topsy all cest~. fces, chuaes and eapenaes oi eveq? kind. incl~ the cost ot aa abstract ot title to aaid lands tound to be mavenient or expedient ia connection with any sult for tbe foreclosura oi this mo and alao including reasonable Laryer's fees u~curred or expended at any ti~ne by the Mort~a~ee becau:e a~ the~ure oi the Mort~agor to periorm comply with and abide by all orany~ oi the covenanb. coaditions and stipulations oi said promusory notG or tl~a mortgag~e~ and ia the iorecloaure o[ Uus mort~e and in collecting Uie amount aecured bere- by with or wlthout le~al procee~Unas. and in each such case ~with intereat: and to reimburse the Mo tor every al paqmeAt made for any auch ~ with interest irom date oi every such ~~yment a! the nte oi ei per centum per annum; such p~yments and o Lgations. with interest thereon as afotesud, shall be secured by e lien hereoi. 4. To periorm, compl~y with and abide by all and every the covenants. co~ditions and atipulations oi said promiasory note and oi this mort~a~e. 5. To keep the improvemwts now or hereatter on said land insured a~ainet loas by Ilre and other haurds. casualties and contingencies and in such amounts and for such periods as l~iort~agce may require imai time to time in rnmpanies acceptable to Mortgagee. , all at expenie oi Morigagor; all policies to be held by Mort~ee with lo~s payable clauses in favor oi and m form acceptsble to Mort~ee. Insurance proceeds maY be aPPu~a by Mortga~ee on indebtedness hereby aecured in invetse order oi maturi~ or toward restoration oi dama~ed i p~rty or may be reznitted to Mortgagor. all at option ot Mortgagee. ort~a~ee may. but need not, place pay ior.such insurance and may recover sums expended therefor ~rith inteKSt at nte oi a% per annum secured by hen hereoi. 6. To permit, com~?it or sutier no waste. impairment or deterioration of the mort~aged property or any ~ part thereof• and to keep the buildin~s and impmvements aow or hereafter on the mortga~ed property in good and tenanta~le condition. 7. If a suit stull be iattituted to foreclose this mort~e tbe Mortg~ ee ahall be entitled to apply at any time pending such foreclosure suit to the court having ~uns~iction thereoi ior the appointment ot a recetver oi the mortB~ P~Ae~Y and all oi the rents. income, ~rofits. iasuas and revenues thereol irom whatao~w~ aource derived, all oi ~rhich areesp ressly, mort~s~ed by this iastrument; and it is hereby covenanted aad a~reed that thereupoa such court shall forthwith appou?t a receiver oi the mort~ed property. and oi all the ~ts, ia- come, profits. iasuea snd r~venues thernof irom whatsoever source denved. with the usual po~vers and duties oi rnceivers in like caaes; snd such appom~tment shall be msde as a tnatter oi sUict rl~ht to the Mart~agee, and without reieresce to the ad uacy or inadequacy oi the value oi the property hereby mort~ed. or to the aol- ~ency or ~oi~ency ot the o~° es W. Co fey Joe g. Fa g~ d oe e ~E arman 8. Ii the Mort~a~o a3 neglect or ~ ib~r a perloa ot-ten~ d~Ys ~Y ~ P~PtiY ~ P4Y the aaid note or the in thereon or any oi the suas oi money herein reierred to or hueby secured, or otherwise duly . fuUy and ~ranptly to I~ertorm. execute, comply with and abide by each. everY or any oi tt~ co~veswnts, con~tions or stipuLUons oi this mortga~e, tben. and in either or any oi sueh events. without notice or d~ the said aggre~ate sum meationed in said~ promiasory note, less previous ents. it n,y. and any and swms mentioned her~ein or sec~red hereby aha11 beoome due and payable fo ~ ith or t1~?reatter at the continuing opt~oa o~ th~e M ee aa lull3? and canpletely as ii said a~re~ate sums were ortyinally dip- ulated to be paid at such time~au~ in aaid promiseory, note or~herein to the oontrar; notarithstaanding. and , the Mort~agee shall be entitled thereupon or thereafter anth~out notice or demand to inst~tute suit at law or in equity to eniorce or protect the ts oi tbe Mort~g ee herevnder or under said promiaory, note. And in eveat oi any d~~efault or breoch on~ part oi the ld -irtaaSor Lereunder or under said promiasory note, the ' Mort~a~ee sball Lave the ~ontin ophon to eniorce payment oi all sums secured hereby by actioa at law on ; or b~? auiL in equih? to foreclose mo <tga~e, either or both. concurrentt~? or otherwise, and one action or suit ~ Sba~i not abate or be a bar to or waiver ~i tbe Mortga~ee's rIght to iastitute or maintain the other. provided said ~ Mort~a~ee shall hav~e only one payment and sati:tactwn oi ssid indebtedne~. f Whenwer the conteut requires or permits. ead~ oi the terms "Mort~or" and "Mortg~gee" aa her~ein used. sball mean and include their respechve suoce~ors. legal representativea, heirs and aaai~as., and/or sha31 ~ also be taken and read ia the plural, in ~vhich csse all covenants oi the Mort~ors her~in contained atwll be ~ ~oint and several. ~ ~ ~ r. ~ 3 ~d' ~ ~ ~ ~?..~*o.T,?~ ~;„Ays ' ~N ER 107Z1 ~ lY~1r~T• ry~jpgUANT TO CN ~ ~~t ~ ~fR POITR/?S• . ~ A~ CURTIS M. ~AMES ~ tox °~0~ ~ St. l+~a° G°"'dY t ~ plpUTr CI.~RK ~ This Mortgage is being re-recor d at the request of the Mortgagor to correct ~ the legal description to show that all of said property covered by this Mort- ~s gage lies in Section 27, Township 35 South, Range 40 East St. Lucie County, Florida and that the nnaximvm amount of future advances s~iall not exceed $ 200, 000 . 00 . ~ 0 CO., INC. Co eal) ~ By, ~ • ~ ~j,~,,,. W. offey, s t ~ . . ~ • Attest : ` ` ~ , , : . ~ ~ , Joe arman, Secretary ~ ti,~ ' . ~ - f • _ ~ - - ~ , y , MCCARTHY. ADAMS ~ FOOTE O~ w. ~ - ~ 1 4 .~~'.,.y , ~ ~?~y TLANTIC NATIONAL ~ANK •UILDING ~1?Or ~ i ~ •,,,I~~~••••,', BOOK ~ACKSOMVIILE Z. FLORIOA - 0 R 1 r1 PACE ~U I~ Y 11 • ~~(9 h,.._~`: . - . E. ~.v.., . ~e~TM~.r`~-~~_~.~~ :~s_-~, ~E., . ~