HomeMy WebLinkAbout0324 Mortgagor fully warrants the title to said land and will defend the same against the
lawful claims of all persons whomsoever, and agrees:
1, To make all payments required by that note and-this mortgage promptly~•
when due.
2. To pay all taxes, assessments, liens and encumbrances on that property
promptly when due.
If they are not promptly paid the Mortgagee may pay them without waiving the
option to foreclose, and such payments, with interest thereon from the date of payment
at the same rate as specified i~i that note, sha11 also be secured by this Mort~age.
3. To corrmit, permit, or suffer no waste, impairment or deterioration of
the murtgaged property.
4. To pay all expenses reasonably incurred by the Mortgagee because of fail-
ure of the Mortgagor to comply with the agreements in that note or this Mortgage, in-
cluding reasonable attorney's fees and title searches. The cost thereof, with in-
terest thereon from the day of payment at the same rate as specified in that note,
shall also be secured by this Mortgage.
5. Not to convey al~ or any portion or interest in the mortgaged property
without the prior written consent of Mortgagee.
6. If any payment provided for in that note is not paid within 30 days after
it becomes due, or if any agreement in this mortgage other than the agreement to make
the payments is breached, the entire unpaid principal balance of that note shall fm-
mediately become due at the option of the Mortgagee and Mortgagee may foreclose this
mortgage in the manner provided by iaw, and have the mortgaged property sold to -
satisfy or appiy on the indebtedness hereby secured.
7. The rents and profits of the mortgaged property are also hereby mort-
gaged and if proceedings to foreclose this mortgage shall 6e instituted, the court
having 3urisdiction thereof should appoint a receiver of the mortgaged property
and apply those rents and profits to the indebtedness hereby secured, regardless
of the solvency of the Mortgagor or the adequacy of the security.
IN WITNESS WHEREQF, the Mortgagor has hereunto set his hand and seal the day
and year first above written.
Signed, Sealed and Delivered ~
in the Presence of:
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DLCC? Pr;~T~s
STATE OF FLORIDA ) ~tf~< ~-~-~~.r ~~~T r
ss 26461~ ¢F~~F.: F:.~_____~.
COUNTY OF ST . LUC I E ) ~ l~ g 10 AN '73
I hereby certify that on this date, befare me, a Notary Public duly authorized
irt/~h State an Co ty named above, ~ tak~ acknowl dgement pe s~ ally a are
to me nown to e t e person or p rsons escr as o tgagor n an w o execute
the foregoing mortgage and acknowledged before me the execution of same.
witness my hand and officiai seai in the county and state r~amed above this
"~day of C~_~zF. , 19 %3.
. . • ~ly;-~oimt~ ssion Expi res: l
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( NOTARY SEAL otary u c
7his Mortgage prepared by: .
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