HomeMy WebLinkAbout1432 NOW ~ if all paymenu are made as herein provided and all of the terms. covenancs and agreemenu coa-
cained herein are perfotmed and obsetved. this mottgage shall be null and void and shall be released at the
cost of the mortgagor, which cost the macgagor agrees to pay; but upon default in aay of said payments ot
upon any de(ault in the puformance or observance of aay of the terms. covenants ec sgreemena of this
matgage, then the whole of the indeDtedness hereby secured~ at the option of the mottgagee or legal holda
of said note. shall become immediately due and payable Witho~t notice. and the matgagee may lmmediate-
ly cause this ma~gage to be foreclosed in the mannu prescsibed by law; and upon oommencement of fae-
closure proceeding:. the matgagee shall be entided to have a receiver appointcd. whethu a not the
premises ue home~tead and without proof of any otha gtouad fot such appointmeat than such default. to take
possession and charge of the premises. to rent the ume and receive and collect the renu. iuua. income and
profiu thueof unda direction of the court. and any amount so collected by such receivet shaA be applied
under direction of the oourt to che payment of any judgment rendered or amouna found due upou faeclowre
of chis matgag~ and in the event of anv such default, the matgagee shall have the right fachw[th to enter
upon and take Possession af the premises and to rent the same and receive the reau. iuua. income and profia
thueof and to apply the same. aftu payment of all necessary charga and expenses. on account of the in-
debtedness hereby secured aad to fulfill any of che obligatioas contained huein. The proceeds of uid fore-
closure shall be applied: fint. to the expenses incurred hueunder; second, to the payment of whateva sums z
the mortgagee may have paid or become liable to pay in carrying ouc the options, cerms and provisions of
this mortgage. togethei with interest thereon; third, to ~he payment and satisfaction of said note; and fourth;
the surplus. if any. shall be paid to the mortgaga or otherwise as ttie court may decree.
All awards made by any municipal. county, state a fedaral authority. whether fa a taking of tide to.
possession of~ or any interest in the premisa a any part thueof a for damages wstained by the premi:es or
any part thereof or for any change of grade of streeu affecdng the pcemises. are hueby assigned to the mott-
gagee. and the ma~tgagce. at its option. is hereby authu~iud, directed and empoweced to collectandrecetve
the proceed: of all such awuds from the authoritiu making the same. to give proper receipts andacqnituaces '
therefo~ and to apply theaame toward the.payment of the amaunt owing on account of the indebtednest hereby
secured~ notwithstandFng the fact that such amount may not be the .due and payable; and che mortgagorhereby
covenanu and agrees. upon request by the martgagee. to make. execnce and deliva aay and all auignmenu
and other insuuments sufficient for the purposc of auigning the aforaaid a~+a:ds to the matgagee. hee, clear
and discharged of aay and all encumbrances.
The premises beiag located in the State of Florida. this marcgage and rhe cote hereby secured ahall.
without regud to the pLce of conuaet ar payment. be consuued and enforced according to the laws of the
State of Florida.
Notwithstanding any provision herein or in said note~ the total liability for paymeau in the aature of ~
interest shall not exceed the llmiu aow imposed by the usury laws of the State of F1orlda. ~
IN WITNESS WHEREOF.
hereunto set hand and seal , this day of ~!/L {
19 J L.
~ Signed. sealed and delivered
i in the presence of BASOLL C~ROVES ING. .
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. EI~ED aM~ aEC RoEO , ~ o c.,; c~ : c j;= ~
ST. LUCIC Ct~llfiTY FLA. v i"' . o' AL) ~
ROCEr'•. =O,iR~S ~ s
CLER.K C:~:CUIT COURT ~ O ~ -i -
RFCOP~ YE?.r;rp...~~~ ~ ~ ::•4s`~`t~~ (SEAL)
~ t~or 21 3 32 PM'71
~
STATE OF FI.ORIDA , ) u. 2~53
COUNTY OF ~ t A t~ c~ c. ) ~
i
~ I hereby certify that on this day before me. the undersigned, a Notary Public~ an.officadulysuthor-
~ ized to take acknowledgmenu in and for said State and County, personally appeared
~ L~ v~ R e-F~ S• S f
f RK/, ~Re e.~-f
~ to me weli known and known by me to be the person(s) desaibed in and who executed the foregoing r!~rt-
~ gage and severally acknowledged to and before me that H.L executed the same freely ard voinntarily
~ and for the uses and purposes in said insaument set forth.
~
~ IN WITNESS WHEREOF. I have hete~ntd:t,~t,may hand arsd affixed my official seal this ~/~"day _
~ of /Ycv~~,bc r ~A.D. i9~•, _ ~i~~~.; ~
~ . ~ .
the State and County afaesaid. rJ
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My commiuion expires = I„ y~, Notary ic
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~ ur v~a~?c. s~~`, F`asa.f ~ 2A'1974'=;~~,~,,p 1+B~-t 0 R
kOT„ ~ g ; Q A~
~ MY CON~iSSIc`t , DIESTELMORft . , w ' ~ ~~OII ~J PALE~`~t)~r ~
U ~~tO~vH Ff3ED w +j i, t`..
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