HomeMy WebLinkAbout2529 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 ali payments required by that note and this mortgage promptly
when due. ~
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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 in that note, shall also be secured by this Mortgage.
, 3. To cortmit, permit, or suffer no waste, impairment or deterioration of
the mortgaqed property.
4. To pay all expenses reasonably incurred by the Mortgagee because of fdil-
ure of the Mortgagor to comply with the agreements in that note or this Martgage, in-
cluding reasonable attor~ey'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 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 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 principai balance of that note shall 1m-
mediately become due at the option of the Mortgagee and Mortgagee may foreclose thls
mortgage in the manner provided by law, and have the mortgaged property sold to
satisfy or apply on the indebtedness hereby securPd.
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 should appoint a receiver of the mortgaged property
and apply those rents and profits to the indebtedness hereby secured, reqardless
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 ffrst above written.
Signed, Sealed and Delivered
in the Presence of:
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~ STATE OF FLORIDA )
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~ COUNTY OF ST. LUCIE ) ~
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~ I hereby certify that on this date, before me, a Notary Public duly authorized
; in the S te and Gount named above, to ~ake acknowledgements, personally appeared
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~ to me nown to t e per on or persons escr as ortgagor ~n an w o execute
~ the foregoing mortgage and acknowledged before me the execution of same.
; Witness my hand and official seal in the count and state named above this ~
` v day of _ , 19~.
3 -
; My Comnission Expires: -
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° . iy~6 ~ otary u c
{ (NOTARY SEAL) ~ ~
s This Mortgage prepared by' S?~lUC1E~0UK7Y f~A.
; aocE~ ~O~TaAS ~,v~
- CtERK C~. = UtT C0~_ ~ v
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