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HomeMy WebLinkAbout0665 % . • 1 by the number of months that aro to e pse oae moathpn a to the date whe~ such premiwn or p~emiums and t nd assossmet~ts wiU bocoa?e delinqueat. Afatgageo shaU hold such monthiypa yments ia trust without interest ~vidends to pay such pre~nium or premiurru, aad taues and assessmwts, befae the same become deW~queat. Al) payments meationed in the precedu'~g subsect~on of this pangraph sad all paymeats to under the note sa curcd hcreby shall be s~ddrd togethrr and tfie aggregate amount thereof shall be paid Matgagoc euch month in a single payment to be appliod to the foilowing items ta the order set fotth: ~ (1) Tuea, assossmeats. fire. wu~dstorm aod othet Lazard iaturaaoe 'ums; i Interest oa the aote socurai hueby; ~ (9) M~ortization af the principsl of saM aota ~ Any deHciency In dte atrwuat of such aggregate mouthly payments sb paid by Mortgagor priar to tbe due date o! tiwe ne:t ~ca . 4- paymeat, constitute an event of deEault under the mortgaga s _'1]~at if thc totat of the payments by i?lortgagar und of the P~ecedia~ Pa*sE*aph ei~all acaed the ~unount of WY~s ~~Y ~ made by Moctg=gee~ [6r ta:ea and assessments and praniarm, at the case maY be, such e:oess ahall bs credital by Matgagee on subsequent payments to be made by Ma~tgagor. ever. ihe moalhly paymentt made by Mortgagor under ( a) oE the p pua- ~rap h s h a U n o t h ave b e e n s u f ficieat to PaY a n d assessmeats a n d insuranoe premiua?s. as the e~se maY ba whea the same a J~ a I~ e due andp~ yabls, then. the Mortgagee at his optiaa immed'ut e l y WY such tau~es aad assescments and insuranee pranimns. ud Mat- gaga shaUpa y to Mortgagee t noce,wry to m a ke up We de f i c iency, and such payments shatl be due and payabk within thirty ( 30) days aEter the date of ng of notice by Mortgagee setting fortl~ the amount of such defiaeocy. If at any time Mortgagor shsll tea- da to Moct g a g e e i n w i t h p ro v i s i o n ~ o f t h e n~ e s e c u r e d h e r e b y f u u p a y m e n t o E t h e e n t i r e i n d e b t e d n~ s r e~~ e n t e d heoeby. I?lortgag in computing the amount of such indebtedaess aedit to the aecount o( Mortgago~ any balance ranaining in the funds accvm under the pmvici«u of {a) of the precading paragraph. If there shall be a defauh under any af the provisions of this mortga ukiag in a public sRle of the premises covered hereby or if 1?~ortgagee acquires the property otherwise aEter default, Mortgagee sh ly, at the time of the co~runencement oE such proceedi or at the time the property is otherwise acquired, the balaace thea re- RIDER ATTACHED HERETO AND FORNIING PART HEREOF CONTAINING PARAGRAPHS 29 THROUGH 34. IN WITNESS WHEREOF the Mortgagor has causeci these presentg to be prag~rty executed on the date afore~id. Signed, Sealed and Delivered in the presence of : ~ • RYERSON & HAYNES REALTY, INC. (SEAL) ~ - G~ ~ ~ . ; ,~~6)~ f::- , ; Skanl G. Tate, Presiden~~= c; _ = 'y~'~ d'~ - ' . ` VLrA! = ~ • •:~3 C • • - ~ ~ = % o(S~AI,),_ ' ` - • '=r~~ ~!~l+~~' ~~~~~•~•',''.~~~t\~~ J''' ~~`J~( ~{:lt SS. COUNTY OF I, the undersigned Notary Public, do hereby certify that ~d his wife, to me knou~re and kno me to be the persons described in and who executed the foregoing ~tortgage, personally appeared before ~ day and severally acknowledged that they executed the same for the purposes therein expressed. - IN WITNESSS WHEREOF I have he o set my hand and affixed my official seal this day of A. D., 19 ~ ' Natary Pablic for ~ ~ ~ • ; ; ~ STATE OF FLORIDA ' a - ss. i € COUNTY OF DADE - ~ I, the undersigned Notary Public, do hereby certify that __SI'3R1@y G. Tat~ ; I s personally known to me and lrnown to me to be ~ ~ g President , of Ryerson & Haynes RealtyL Inc, ~ a corporation organized and now existing under the laws of the stace of Delaware and who as ' such officers, executed the foregoing JtortgaRe, this day personally appearecl before me and acknowledged before me i " that they executed said 1lortgage as such officers and attachecl the corporate seal u: said corporation in the name of i and for and on behalf of said corporatien freely and voluntarily, for the uses and purposes therein expressed, and with ~ fuli authority so to do. IN ~VITNESSS ~~HEREOF I have hereunto set my hand and affixed my official seal this ~L - day of + ~ ' September A. D., 19 ?3 .~~~~~,~~.;V,`.;:'~~',;-~'~ ~ ' o~ - ' ~ ~ _ r1=_ - « ~ • .wa-Y!_ _ s S ~ = _ _ y Notarv Public fOT r - _ u- - ~ ~ . My commission expires: - - - ~ L _ _ 0 R trarnatr ~uauc ~ - - • . -t,~ , ~f~DK , ' ~~1~ ro~.~? ~AR~ ~ ~S f'~ MY COAi~.SS10iV EXp1R6s"Q „ t~,•~.- ` P'R. ~ ~ ~f- /3 i ~ ~~~-yn ti_._- ~ - . _ _