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HomeMy WebLinkAbout0619 • e . ~ ' i 1 { every stipulations, agreements, conditions and covenants of said Note and this Mortgage, are not duly, promptly and fully perfor- ~ med; then in either or any sucli event, the said aggregate sum mentioned in said Note ttien remaining unpaid, with interesC ~ accrued to that time, and all moneys secured hereby, shzll become due and payable forthwith, or thereafter, at the option of said ' Mortgagee, as fully and completely as if all of the said sums ot money were originally stipulated to be paid on such day, anything in said Note or in this 1?iortgage to the contrary notsvithstanding; and thereupon or thereafter, at the option of said Mortgagee, ~ without notice or demand, suit at law or in equity, may be prose- cuted as if all moneys secured hereby had matured prior to its institution. The Mortgagee may foreclose this Mortgage, as to the amount so declared due and payable, and the said premises shall be sold to satisfy and pay the same together with costs, expenses, and allowances. In cases of partial foreclosure of this I?Iortgage, the mortgaged premises sha11 be sold subject to the continuing lien of this Mortgage for the amount of the debt not then due and unpaid. In such case, the provisions of this paragraph may again be availed of thereafter from time to time by the Mortgagee. ~ 8. That the Mortgagor will give immediate notice by mail to the ~ Mortgagee oi any conveyance, transfer or change of ownership of the premises. 9. That no waiver of any covenants herein or o£ the obligation se- ; cured hereby shall at any time thereafter be held to be a waiLer- ~ of the terms hereof or of the 1Vote secured hereby. i ~ ~ 10. That if the Mortgagor defaults in any of the covenants or agree- ~ ~ m.ents contained herein, or in said Note, then the Mortgagee may : perform the same, and all expenditures (including reasonable ` ~ attorney's fees) made by the Mortgagee in so doing shall draw in- ~ ~ terest at the highest rate permitted under the laws of the State ~ . of Florida, and shall be repayable inunediately and without derr~and ~ by the Martgagor to the Mortgagee, and, toge~her with interest ~ and costs accruing thereon, shall be secured by this Mortgage. ~ 11. That the mailing of a written notice or demand addressed to the ~ ~ owner of recor.d of the mortgaged premises, or directed to the ' said awner at the last address actually furnished t~ the M~rtga- ~ gee, or directed to said owner at said mortgaged premises, and ~ ~ mailed in the United States mails, shall be suffieient notice and ` ~ demand in any case arisir?g under this instrument and required by ~ a~ the provisions hereof or by law. ~ ~ , ~ I2. lhat in the event the p~emises mortgaged, or. any part of them, ~ shall be condemned and taken for public use under the pocaer of eminent domain, the Mortgagee shall have~~he right to demand thzt ~ all damages awarded for the taking of or damages to the premises ~ shall be paid to the Mortga~ee, up to the amount then unpaid on ~ this Mortgage and the obligation secured, and may be applied upc~~z ~ the payments last payable utider this i~iortgage and the obligatio:: secured. ~ , ~ ~ ~ i~: o R zc~ sss f ~ b00K PACE = ~ -4- ~ . ; _ _ . -