HomeMy WebLinkAbout2523 Mortgagor fully warrants the titie to said iand'and will defend the same against the
lawful claims of all persons whomsoever, and agrees:
l, To make a11 payments required by that note and this mortgage promptly
when due.
2. To pay all tax~s, 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 in that note, shall also be secured by this Mortgage.
3. To commit, permit, or suffer no waste, impairment or deterioration of
the mortgaged property.
4. To pay all expenses reasonably incurred by the Mortgagee because of fail-
ure of the Mortgagor to compiy with the agreements in that note or this Mortgage, in-
cluding reason~bie attorney's fees and title searches. The cast thereof, with i~-
terest thereon from the day of payment at the same rate as specified in that note,
shall also be secured by this Mortgage.
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5. Not to convey all 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 pafd withia 30 days after
it becomes due, or ff any.agreement in this mortgage other than the agreement to make
the payments is breached, the entire unpaid principal balance of that note shall 1m-
mediately become due at the option of the Mortgagee and Mortgagee may foreclose this
mortgage in the manner provided by law, and have the mortgaged property sold to
satisfy or apply 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 be instituted, the court
having ~urisdiction thereof shauld appoint a receiver of the mortgaged property .
and appiy those rents and profits to the indebtedness hereby secured, regardless
of the solvency of the Mortgagor or the adequacy of the security.
IN WITNESS WHEREOF, the Mortgagor has hereunto set his hand and seal the day
and year first above written.
Signed, Sealed and Delivered ~
in the Presence of:
W ' ~r 1 G~
f~
s tnesses o t e ortgagors
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STATE OF FLORIDA )
SS
COUNTY OF ST. LUCIE ) -
~
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~ I hereby certify that on this date, before me, a Notary Public duly authorized
F ~ in the Stat an. ounty ~ med abo to;take cknowledg ent personally appeared
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to me nown to t e erson or persons escr as rtg gor n an w o execute
the foregoing mortqage and acknowledged before me the execution of same.
Witness my hand nd o ficial seal in the count and state named above this
: 3 u day of , 19~.
S
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My Comnission Expires: ~i
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~ ~ - ~ ~ otary u c
(N4TARY SEAL) ` 2fj~r3~
; This Mortgage prepared by: t t~fl ~`~G ~~M~~=~~ v
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