The URL can be used to link to this page

Home My WebLink About3801 T(1GE7~HF.R 1~'ITI1 :ill an~l sin~ul.~r t1~r tcnr~urnts, hrrrdit:uncuts :?nd :~ppurten:uires thrrrunro brlonginc ur in .~n>~.'ic~• thc~runto ap~iertaininQ and thc rents, issucs .~t~J pro(iu thereof, and also :ill the rstate, riKht, tide, interest and aU claim .~nd ~I~•manJ whatwrver, as wrll in l:?w :u in ryuity, of thr s:iid \turtc.~tiur in and to the same, including but uot limited to: :~ll rcnts, profits, rr~•cnu~s, ru~•:?Itics, ri~hts and tx~ncfits dcri~•cd fmm ( l) crops grown on said s~curity :uid pnKluce uf the soil uthrrwise {2) oil, gu or minrral Irasrs of th~• premises or .iny-p~tt therco(, ~ww existiuq or l~rreiuafter made, and (3) all oiher rents, issues and pro(iu of the premises from tin:e tu tinu accruing, whethrr under I~ases or tena~cies now ezisting or herra(t~r creatrcl; in ~rach such c:?s~ wilh the ri~ht in ~he \lorteagee, but ut~ly at its optio~~, to receive :~ud rec~•ipt there(or and to a~ply the s.une_ as it m:?y elect to any indrbtedness secun•d h~mby, and the ~lorlGaece. at its option, tnay dem:~t~d, sue for ~nd reco~rr an~• such ~~:?ymruts, rescr~inq tu the \tor~~.+~or, hu~cc~•cr, so lunq :is said \lortgaQor is not in drL~ult hcrrunJ~r, th~~ ri~;ht to nY•eive and ret:~in such renu, issu.s and profitc. (b) All juJKmcnts. a~~•.uJs of cl:~m,~Grs .imi sctd~•mc•nts hrrcaftcr ma~le as a result o( or in licu of any t.~kin~c of thc prc~nises or any E>art thereo( under thc powcr ot eminent domain, or for any dama~e !.whether ~.~~?s~•ti 5~~~-t~ takine or othrr~~icr1 tu the premises or the impro~•etnents thereon or :+m• put th~~rec~f; such pirt of an~• such judgment. :+~.:~rd or SfIIICIlIPIII, as the ~ \tort~aere may elrrt to be applied to the indcbtrdness hereb~ secured and the bal.~nce ihercrof, if .~ny, to be r~serc~d to tLe party or p:?rtics oth~r~vis~ e•n!itl~•i1 thcrrto. Tn li:\\'E :1\D Tn HO1.D the alwve qranu~cl and drsrrihr~l pn•inises to th~ said \tortG:i~re, its surcessors and ~ssiens, furctrr, and the s.~id \lortcaeor docs her<~by full~• ~v~rrant the tide tn s.~id land, ~nd ~vill dr(rnd thr 3:iti1C dL••1!1151 dtic I.n~ful cL~ims o( all ~rsons ~vhomsocc~•r; prucidcd al~v:~~s th~t i~ \iortc.«or sh:~ll p~y to \tortc:~gec that icrtain promis.iurp notc alx~cc descritx~d :~nc! sh:~ll pcr(orni aU othcr ~'~1~Cll,lilli .tlll~ ~-onditions of s.iid pron:issury not~, ~nd of am• rcnc~.•al. cxtcnsion or m«li- fi~ atiun therco[, and of this morteaqe, then this morte:~cc and th~ est~n• h~~rct>}• crc~tn! shaU ce.~sr and be null and eoid. ~ % Afortcagor furthcr rovcn~nts and :+¢rces ~vith \tartc~erc :u lollu~vs: ~ ~ 1. To pa~• all sums includine interest cccurFd herebc ..•h~~n du~•, as pro~ idc~t (or in s:~id promissory• note- and an?• rene~•al, - ~ t•xtensiat~ or m«1~(ication then•of :ind in this morttace, :ill su~h s~ims to }x• plyak~le in l:~~cful tnoney of the L'nited States of .\merica at \torte:~eee-'s a(or~s~id principal office, or ~t such other pl:~~ ~ ~c \1ortGaeee ma~~ desiGnate in writinG. 2. 'To p:~y N•h~n Jue, :~nd ~cithout r~•quirinC •~n~' notire from \tortel¢ee, all taxes, asscssmrnts of any h~pe or naturc and other ehar~~s Ie~•ie~d or :u~ecs~•d ae.~inct the premisrs hrreby enrumbered or any inter~•st of ~iort¢.~tie th~re~n. Tu IIlIIIl!'(II:IICI)' pa}- and disch~rc~ any cl.~i~n, li~n or cncumbr.~n~ c.i,~.~inct surh prr~uiccs avhich tn:?y be or bcconm supcrior to this mort4agc :+nd to permit no default or di•linyucnry on .in>~ other li~•n, rncunibrincc or char~~ ae:~inst su~'h pre~niscs. 3. I[ rrquirecl by \lurtc.~e~•~•, to :~i:o ~n.~4o inui~thh• dr~x~sits ~vith ltortca¢ce, in a non-intcrest tr•.~rinc account, toecthcr ~vith ~nd in additi~n to intcrest and ~~rincip.~L of a:um cyual to onc-t.cclfth of thc ycarly t1x~s and :~sscssments whi~h roa~• bc levi!~c1 ac:unst the pr~mises. aud (if so n-yuir~dl one-t~~•~•Ifth <~i th~~ ~•~arl~• premiwns (or insurance therron. The a~nount of such t:?xes, assr,sments and pren~i~uns, whcn unknuwn. chall b~ F,~im.u~•~I by \fort~,aK~•e. Such dcposits shall be uscd b~- \tortc~ecc to p~y such taxcs. :+s,ar•ssmcnts 1nd prcmiwns ~'hcn dai•. :~m• insu(firicncq of swh account to p:+~• such charQes whcn duc sh:+ll be paid by \torte.tcor to \l~rte.+~ee c~n dcman~l. If, b~~ r~.~sun of am• di•(.+ult by \fortK.~KOr under any pm~~ision of this mort- ~ac~. \iorte•+°~~ ~~~~I~res all sums secur~d hereb~• to i~e due .+n~1 }1:~f•1I1IC, ~tOfIQBL~PC ma~• then :~pply any funds in said account ae.iinct the ~~ntire in~lebt~•dn~ss sccurrd hereU}•. The rn(orceabilit~ of the co~~enants relatin4 to taees, assessments and insurance pr~miums hrr~•in othcrwisc pro~ id~•~1 sh:ill not h~• affrctrd c~i c•pt in co far as thosc obliyations ha~•c b~cn met by ~ompliancc hith this puaer.~ph. \Inrt~:~er~ mev from timF to time at its opti~n ~.~.~i~•r, and :iitc~ :tiny such wai~~cr rcinstatc, any or all procisions hereof requirinG surh d~~~cits, by nntice to ~forteae~r in ~vritine. ~~'hil~~ nny such w•ai~•er is in effect ~tort~:~Gor shall pay t:~x~•s. acsessinrnts and insur:~nce pn•iniunu as h~rcin clsewhere pro~ idcd. ~1. To p:~~• all tax~c. st~mp tax or othcr char~;c ~chirh may b~ ass~ss~-d uFwn this morteae~, or saicl note. or indcbtrdncss secured her~•bc. ~~'ithout reilyd to am• law, Fcdcral or St~te, heretofore or hrrca(ter en:ut~d, imEwsin~ paymcnt of all or ~m• p~rt thrn-~~f i:~n \(nrtei~e~~. In ~~•cnt of ~nactm~nt o( a:~y I.~w imposinq pai•mcnt of all or any portion of in~ such taxcs upon ~ ~inrtc.~c~'e, or the r~~nderine L~~ am• court o( last rrsort o[ a decision that the undertikin+; hy ~iartQaqor, as herein pro~~ided, to ~ pay such t.~x or ti~es is leqally inopenti~•e, then, unless \(~rtGaen~ ne~•ertheless pa}-s such taces. all sums hereby securecl, without E :~ny deductinn. sh.~ll at the option of ~iort¢agee become immrdiatel~ due and pa}•~bl~, noh~ithstandi~g anything containc~l herein € or anp laN hcr~tofom ~r h~•rr.~Ete~r P11:1f~MI. ~ 5. To kecp th~ PCCIi]15f5 insurcd a¢ainst loss or damaqe by [ire. windstorm or cxtcndcd co~•era¢e and such other h~zards as i m.~~• be rc•quire•d b~~ \iort~aeer. in (orm and amounts satisEacton• to, and ;n insurance companies appro~~ed by \tort¢aqee, and w•ith \ :1fCCVf1I)If tltOf2CdKrC locs pa}zble clauses attached. Such policies. toqether with such abstracts and other tiile evidence as m~c ~y ~ 4~~ r~•quirc~l h~• ~t~rtca~i~e, sh :II be drlicercd to and held by ~iortqaqee without liability. L'pon foreclnsurc of this mort~aCC or g c~ther .+cyuisi2ion of thr premis~s or any part thereof by ~1ort¢a¢ee, said policic~s, abstracts and tid~ e~•idenee sL.+ll becc~me thr abwlutc propcrt~• oI \lortza¢re. i ~ fi. To first obtain th~ written consent of \tortqaee~, such consent to be ¢ranted or withheld at the sole discretion of such ! ~ ~to~te.~L~~e brfore !a~ remocinc or dcmolishin¢ an}• buildinq now on c~reafter erected on the prem~ses. {bl altennG the arranqe- ~ ~ m~nt, de+i¢n or structunl chancter thereof, (c) m:~linq any repairs which im•ol~•e th~ remo~~al of structural pirts o~ the ~ ~~Ex~cur~ nf th~ int~rior of such buitdin¢ to thr eleinents. or (d) except for domestic purFwses, cutt6ng or remo~~inQ or permittine thr c'uttinc and remoc~l of any trees or timbrr on the prerniscs. 7. To mai:~tain pre~nis~s in coocl condition and repzir, includin¢ hut net limitrcl to thc m:~kinG of such rPpairs as \fortcaqcc ~ ~n:~v froin timr• to time- dctFrminr to bc necFSSan- for thc prescn•ation of the premists and to not commi! nor pennit any ~vaste thercof. ~ 8. To compl}• ~ith all la~vs. ord•.nances, re¢ulations, crn•enants, conditions and restrirtions a(fecting the premises, and not ~ to suff~r or pcrmit any violation thrrcof. ~ 9. IF ~inrte~eor f~ils to pa}• am~ ~laim, lirn or encumbrance which is superior to this mortK:~ge. o:. when due, any tax or ~ :;c<rcctTlCT1~ or insur,nc~ prernium, or to keep the premises in repair, or shall commit or prrmit waste, or if therr be commenced ~ .+m• a~tinn or pr~c~~din¢ affc~tinq thc~ premises or the title thereto. then ~fort¢aqee, :+t its option, ma}• p:~y said claim. lien, encum- br:~nce. t.~x. ass~ssinent or premiurn. with riKht of subrogation thercundPr, ma~• make such repairs and take such steps as it de~ms x ' ~ .id~ icahlr t~ pr~~•ent or cur~ such ~caste, and m~y appear in any such action or proceeding and retain couns~l there~n, and take =j cu~ h:~rtion th~~rc~in :u ~forteaS~c dccros adcisable, and for any of said purposes '~iortqagee ma~• arlvan~c such sunu of maney. ~ :n~ ludin~ ~ll cocts. fe^s and other items o[ e?cpensP as it deems necess~ry•. ~tort¢aGee shall be~ the sole jutiqe of the leqality. - caii~lit~- :ind priorit.- o( any such claim. lien, encu~nbranc~, tax, assessment and premium. and o( the :~Tnount nec~ss~r~• to be paid in >ati~fa~~tion th~r~~~f \fort¢:~e~e shall not be h~ld accountable for any delay in makinQ any such payment, ti.~hi~h delay m~p r~-sult in any addition:il interest, rost, charees or expcnsc otherwise. 1~~ ~inrtcaeur N~iil _p.~~• to \fort¢.~Cce, immediatFl}• and without de~nand, all sums of ~noney adcanred br• ~tort~aCrP p~usu- .~nt to this Ill(~llC.iQP, h~CfLFIC~ wiih im~rrst nn ~a~-h su~-h ad~•ancement at the rate o( ten per cent { 10r'~ )~~r annum. and all - ~u~ h sur~i~ and intrr~~~t th~r~•on sh:~ll bc sc~urcd hercb}•. ' 11. :Vl c~irns ntuncy se~-ured hcrcbr• shall tx pi}~able without :?n~~ relir( whatPCCr (rom any ~•aluation or appraisemcnt laacs. F~ ]1. If def:wrt h~ ni.uie in pa~~m~nt of .~n,r• inst.ilrnent of principal or inlerest o( said note or any part thercof when du~, or in p:i}ment. ~vhen due of :iny oth~r sum se~ urrd hereby, or in performance of any o( Atortqaqnr's obli¢ations. co~•enants or ;~:!i .t¢rcrments hercundcr. all of the indebtcdness se~urcd hcrcby shall become and be immcdiatcly due and payable at thc option of _ " ~tortga¢ee, withuut noti~ ~ or dernand ~vhi~'h are h~reby rxpressly ~+:~iced. in ~.hich e~•ent ~tortSaqee may acail itsrlf of all riGhts :~nd retticdics. ~t l:~w or in cyuity, and this mortS~ce maq be forecluscd w•ith all riqhts and remcdies afforded by thc I~ws of Florida and ~tort4acor shall p:~}~ :JI costs. charGes and exprnses thereof, includinG a reasonable attorney's fCf. .Fi~ a~oK 209 P~~E .796 ~ _ ~ . _ ~ ~ ~ ~ ; ~ ",7~~=°~'~ re-~ .;h „ ° : ~,m_;