HomeMy WebLinkAbout3804 TOGETHER 1~'ITI1 all .~nd singul~r the trne•n~rnts, hrn•clit.uncnts anil apputtrn.uices thrr.~unto Lxlongin~ or in .u~y'~.i+~-
thcreunto appcrtaini~eG and thr n•nts, i>suri .,nd profits thcreof, and :?Iso all thr rstatc, right, titlr, intcrest and al! ci~im ind .
de~uand whatwever, :ts wrll in 1.?w as in rc~uitY. OP the s~id \lurt~.~Kur in c+nd to the same, including but not limit~~c! tu:
~VI rents, prufits, rr~rnues, rupalties, ri~hu and brne(its de~i~rd ttom (1) crops grown on said security ~~td pruclure
o( the soil othenvise oil, ~.~s or minrral lr.iscs of thr prriuu~•s or :my p.~rt ~her~~f, no~c existi~~q or herein:dtrr tn.~de, and
(3) all other rrnts, ISSUPS snil pro(its of the premisrs (rom time to time ac~n~in~, whether under lr.~src or teu.+ncies uuw existinQ
or herea(ter ereatecl; in ~.~ch such c:~se with the right in the ~Iort~:~ee~, but onh• at its option, to rc•r~~i~r and n•i ~•i4~t t~en•for
~nd to apph' the sam~ as it m~y elcct to anq indrbtc-~Incss sccurcd hembp, and th~ ~10fIQdQPP, iI 11S optioz~. ~nay dc•~nc+n~~. sur [or
and recorrr :~ny su~h paqmenls, reseR•ine w the \Iort~.~~ur, huH•ecrr, so lun4 :is s~i~l ~1ortK.~eur is nut in dcfault h~~rri~n~ler, thc
rieht to recri~e aud ret.~in su<h rents, is.t~~s :~nd profits.
(b) :VI jud~mcnts, :i~~•.irds of d:un.~ecs .in~) srttl~•m~nts hrrr.~ftrr mndr .~s a rrcult of or in licu of :~n>• t.skine of th~
prrinises or any part tliereof under the po~•er of eminent dom~in, or fur .u~y d:~m_~s;e i~vhethrr c.iusr~! b~~ such t.~lin~ or oth~•n~ia• ,
to the premises or the impro~r~nents thereon or any part ther~•uf: surh part of :?ny such juclG~nenL :+~~•:~rd or SP(I~C111Pi1(, .IS th~•
\torte.~ere tnay eli•ct to ~l :i7F]IIIYI to the indrbtedness hereby srcurrd and the bal.ince l~1CfC0~. 1~ d11)', to Fx r~:er~•rd to tl~e
pzrty or p:trtics athrravis~ entitl~•d thc•rcto.
Tn IIA\'E :\\D TO }IOI.D the af,oa•e cranted a~ui drscr~brd prrmises to the said \iort~ae~e, iu su<<-escors ind acsi~ns,
fun•~er, and the s:~id \iorte.ecor does hcreb~~ (ully ~varrant the title to s:iid 'and, and ~vill drfrnd thr s.~mc :~e.cnct thr l.t~cful
rL~irns of all p'rsons \\'IlO1llKlCYCf; f)f0\'1lIF(~ 7IW:1~'S that if ~tort~.~cur sh_~11 p~}• to \torteagc-c that ccrtain prou~issory noti• atx~~i~
dcs~ribcd and sh.ill pcr(orm all othrr ~occnants .ind ronditions o( said pron~issory notc, :?nci of any rcneN:il. cxtcnsion or tnoili-
(iration thererof, and of this ?IlOf1C~CC, then this mort~ra¢r and the ~•st.~h• hcreb~• cre~tec! sha? ce~se and be null anel ~•oid.
\fortc.+eor furthcr c~ccn~nts and :~erc~-s ~~~ith \tortc•~crc :~c (o11uN•s:
1. To pa~• :ill sums inclu~lin~ intcrest sccun-d hcrch~• whcn duc, as prucid~•d for in s.?id promisson• notc :md any renc~ ~I,
extensiun or mud~fic~tion ther~~of and in this morteaee, all such sums to be plyabte in lawf~il money of the L'nitecl States of
:\merirl at ~fortcacre's a(oresaid principil o(fic~. or at su~h uther pl;ue ~s \iorte~Cer mzp desiQnate in writinS- ~
2. To pay ~.•hen dur, and without r~~quirinC :iny noti~c Irom \iort¢i¢ce, all taxes, uscssments o( any type or nature ~
:~nd oth~: chare~s lecit-d or :~ss~•;se•d ae:~inst thr prerui;es fi~ reb}- encumber~til or am~ intere~t ol \1ort~aee th~r.~;n. Tu i~nmedi:~t<•1~•
p:ty and dixharee ~ny clii~n, lien or rncumhr.in~~e :ie.~inst surh premises Nhich m~y tx~ or becom~ superiar to this mortGace and
to permit no def~ult or df•linyuem~• on .iny other li~n, ~•nrumbr:~nce or charee against suc-h preinises.
3. I~ rc~~uimd by ~lortc.~Cct•. to :~Ico ~n.~l~• ~n~~:ithl}• de}x~sits ~vith ~lortc:+ecc. in a nun-intctcst I~~rine arcount. to~cthcr
~~•ith and in addition to intcrest and principiL of ~urn cqu:~l to onc-t~~clfth o( th~ a~e~rly taxcs and asscssmrnts whirh m~~• tx~
le~-icd ac.~inst thc pr~~nius. ~nd !if co r~quirrdl on~•-i..~•lf~h ~f ~h~ ~~~;?rly prF~niuu~s for insuram~e thrrcon. Thc amount n~ such
taxes, ~ssessments ~nd pre~niums. ~~~h~n unknown, sh.~lt be ~•stini.itrd bp \fortc.~¢re. Such d~posits shall be us~d b~• ~foric.~e~~
to pay such taxcs. ~sscssinFnts :md premiurns ~~•hcn duc. :\r~• in,uffici~•nry of su~h account to pay such charccs whrn d«c sh.~ll
be piid b}• \tortcaeor to ~lortc:~ecc un dcm:~nd. If, b~• n~.+a~m nf am• dcfault by ~iortcag~r undcr any pm~-ision of this mort-
ka¢~, \fortca;ci~ de~lares all sums ~ccurccl hrrcb}• to l~c duc an~l p.i}~.~bl~, \tortQaQcr tnay thcn apply an~ funds in said accoi~nt
:1Q:LIIISI the cntire ind~btedn~~s se~~ur~d herrb}•. The • enforreabilit}- nf thc ~~ocrnants rclatin¢ to tases, assessments and intur~n~c
pr~mi~ms herein oth~ncise pro~'id~d shall not b~• affrcte•d es~~ept in sa far as thnse obliGations ha~•e lx~en met by ro~nplianc~ H•ith
this par.ter~ph. ~tortsa¢e~~ r~~a~• fror~ time to ti:ne at iu optien t+•:?i~~•, and ah~r :~ny surh a~•ai~•~r reinstat~. any or all procisions
h~rcol re~quirin~ su~~h dFE~sits, by n~~ti~'r to \IortH.~C~~~ in writinc. ~\'hile• any su~h ~+~.:i~•cr is in c(fcct ~torte.~GOr sh:~ll pa} t:~x~~s_
as~ccstncnts and insur:~nc~ pr~miunu as hercin clsewh~rc pro~ idcd.
~1. To p:~y all t.~~~•s. stamp t:?x or other ch~r~e ..•hi~~h ~nay bc ass~ssed upon thiz ~norte:~e~. or i.~id note, or If1/ICb~C(IIIfSS '
s'
sen~red ~h~•r~•bti-, ~,~ithout rcL~rd to ~n~• law. Fcdcral or State, heretoforc or herea(ter rna~ied. imposinG p~c~ncnt o( all or am~
; r , t,. ..r . . a... t,...• :.,,.,.,~~..o n~.•mrnr nf ~II or an~• nortion of am• such taxes upon
i . . !S: r:, . . . ; . • - - -
j ~Iortc.~cre, or the r~ndcrine bv :in~~rnurt of last re~rt of a'dccision that the und~rtakina, by \tort¢agor, as hercin pro~iiiiYl, to
~ p1y such taz or taxes is IeC~~~Y inoper~ti~•e. then, unless \fortKicor necertheless pa}•s such taxes, all sums hereby secured, without
E am• deducti~~n. sh:ill at the optton of ~tort¢aqee become imniediately due and pa~•able, not~cithstandinq anything containeel herein
' or any laav h~rctoforc on c~rrah~r ~n~ct~•d.
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~ 5. To keep the prF~nises insureel aeainst toss or damaQe br• fire, ~+indstorm or extended cm•er.iee and such other harards as
F rn.»• tx requirrd b}• \tortc~~ee~~, in form and amnunts satisfactory to, and in insurance companies approcnl by ~lortczcee, and with
~ acc~•pt~bl~ mortCaeee loss pa~•able clauses 3ttached_ Such policies. together with surh abstracu and other title e~~idenee as ma>•
~ b~ r~yuired h}• \ic~rte~ee~. sh~ll be dcli~~ered to and held by ~tortqa¢ee without liabilit~•. li~n foreclnsure of this mortea¢e or
~ ~th~r acquisition o! the premises or any part th~reof b~ Jiort¢a¢ee, said policies, abstra:ts and titl~ ecidence chall become the ~
~ abwlute pmprrt}- nf ~lorteaqc~.
6. To first obt~in the w~rrtt~n consent o( ~lorte:+eee, such consent to be eranted or ~cithhel<I at th~ sole discretion of such ~
~ `
~ ~lorteaer~. M~for~ (a1 remo~~ine or demoli>hinq an}• buildin¢ now on c~rca(ter ~re~-tn1 on the premiscs. (bl alterine the arran¢c-
~ m~~nt. d~si¢n or stn~ctur~l ch~racter thercof. (c) making any r~pairs which in~•oh•e the remo~~11 of strut'tural parts or the
~ exjx~sure r~f th~ interi~r of su~h buildin¢ to th~ ele~nents. or (dl except for domestic purpos~s, cutting or rer.iocinq or permittinti
~ th~ cuttinc and remoc.J of :+ny trecs or timbcr on thc premiscs. '
~ 7- To maintain premises in eood condition and repair. inrludin¢ but not limited to.the makinq of such r~pairs as ~forte.~cee `
~ ~n.iy~ frorn tim~ to timr dctermine to 1N nc~css~n• (or the prescn-ation of the prem~ses and to not commit nor pernnt any ~v;utc thrrcof.
8. To compl~• with ~II la~vs. ordinances, regulations, cocenants. conditions and restrictions affeetinq the pr~mises, and not
to suffcr or permit am• violation thcrrof.
9. If \tort~aeor fails to paq an~• claim, lien or encurnbrance which is superior to this mort¢aXe. or. when due, any tax or
~:c~ccm~nt or incurancr prrmium, or to ICrPp the premises in repair. or shall commit or pertnit ~vaste, or if there he comm~nced
.
~ .~m• artu~n or pr~~c~•e~din¢ affectine the premises or ihe title thereto, then \tortqaqee, at its option. maq pa,r• s.iid claim, lien. en~um-
br:inc~•. t.i~. assessinent or pre~nium, with ri~ht of suhrotiation ther~under, ma}• make such repain and take such steps is it de~ms {
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~ ad~ isabl~~ m prr~~cnt or cur~ svch wastc, and may appPar in any such action or procccdinq and retam coanscl ther~m, and takc s
sa~ h.~rtion th~rein zs :torteacee d~ems ad~•is:~ble, and for any of said purposes ~iortQagee may a~lcan~e such sunu of mone}•,
' inrlndin¢ .~ll costs. fecs and other it~ms of expense as it deems neccssary•. ~tort¢a¢ce shall i~c th~ solc jud¢c o( the lcealitr-.
~alidih• and priority of any such claim. lien. encu:nbr:?nce, tax, assessment and premium. and o( the :unount nrc~sc.~r~• to br p.iid
`~'i in c.itisfa~ tinn th~rr-of. ~iort¢.~c~e shall not be held accountable (or any dela}• in makinq any such pa~-rn~nt, w}iirh d~l.~}• ma}•
n~sult in anq additional iMere•st, cost. rharces or expcnse otherwise.
I~~. ~~PSIC.IC~~f will pa}• to \fortcaGe~, immediat~l~• and without d~mand. all sums of money adclr.ccd by ~~~~rtC.~r_re pursu- -
:~nt tc~ thit rn~~r!~ae~, t~~r~th~r with intrr~st on ~ach su~h ada•an~ement at the rate o( ten per cent. ! In!'~ 1~x~r :innum. and ~ll _
>u~ h su~tic and •,ntc•rc:t th~rron sha? be scrur~d h~rcb}•.
11. .VI s~uns of money~ secured h~reby shall be pa~:ible w•ithout any~ rclief whate~~er from any ~-aluation or appraiscrn~nt l.~ws.
s~~;~ 12 If d~f:~ult he rn.ide in p:~}'ment o[ ~ny inst:~lment of principal or intcrest of s:iid note or :?ny part thcreuf when duc, or
- in p.~~ment. ~+-hcn due of :~ny othcr sum sreurcd hereby, or in performance of any of ~iortcaqor's obli¢ations. co~•cnants or
a¢recments her~undrr. all of the indebtedness secured hereby shall become and b~ IRIII1Cdiatel~ due and payible .~t th~ option oE
liorte.~eee. withuut n~~ti~e or drm.~nd which are h~reby expressly ~+~aiced. in which e~•ent \tort~;aRCC map a~-:?il its~d( of all riehts
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.~nd r~m~dics. at law or in cyu~t~-. and this morteace may be foreclosed with all richts and rcmedics a((orded b}• thc l:i~vs of
Florida and ~torikacor sh.~? pay all costs. char¢es and expenses thereof, includine a reasonable attorney's f~~•. ~
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