HomeMy WebLinkAbout0451 13. That anY s~d sll ~w~rds hK~tofor~ mad~ snd MtwftK to b~ mad~ b1/ tM City of Fort Pierce
w any municipal. eount~t, sut~ a f~al ~uthwiti~s to th~ pret~nt snd all wba~?~nt owrnrs of tM pr~miss cowr~d bY this mortyay~. includ-
inp sny awa~d or awards wMthK fa ~ takin0 d tid~ to, pos~ssioo of, or sny inter~st in, th~ mortyp~d pr~mis~s or any paA th~nof and ~~?y
sward or awuds naiwd tor dampes wsuirnd by th~ mwtpp~d Pr~misa or sny psrt tAKwf or iw a^Y ~h+nq~ ~h+nYK of qrsd~ of stntts
sff~eti~q s~id prNnim. an h~~~by ass~Ymd to th~ I~ort9sy~: and th~ Mwt~yM. ~t its aPtan, is h~bY ~uthau~d. d'u~ct~d ~nd «npow~nd
to zoll~et and ~eaiw tM proe~eds d snY such award or ~wards f~om tM suthaiti~s mski~g 1M ssm~ md to qiw Prop~~ r~csipn sod +c4uit-
unc~s thH~for~, snd to spp11? tM s~m~ toward tM psYm~nt of tM ~nount owino on saaunt of th~ mortqp~ d~bt, notwithstandi~q tM iact
thst tM amount owirg on aceouot of th~ mwtqp~ d~bt maY ~ a~^ dw ~~d WY~: +^d ~t~°f ~~y COVSnsnts snd syrNS to
snd with Ih~ MortypM, uPo~ nqu~ bY th~ Mwty~Ys~. to mak~. ~x~cut~ snd dMiva sny sod sll assionm~nts and oth~? irutrum~nts~uffiei~nt
fa tM purpos~ of sssqniny th~ afor~ssid award or awsrds to th~Mort9~YM f~. dw snd dischsrq~d d sny and sll Mcumbr~nc~s of sny ki~d -
or naturi whatsotwr:
14. Thst d~~Mo?ty+Yor wiN yiw imm~diaa notic~ by mail to tMM~ortY~9» of sny conwYanu. tr~~uf~~, or eha^q° of ownKS~ip of th~ ,
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prNnists.
15. Thst th~ msiliny oi a writta~ ootia or d~mand addnss~d to th~ ownK of r~cord of th~ mwtYs~d Premis~s. o? direeted to tM said ;
owner st th~ Isst addnss actually fu~~ishd to tM Morty~yM, or directed to ssid owoa at s~id mort9~qd P~M^'~. ~ m~l~d by th~ United
Stat~s mails, fhi~l b~ AIN1CIMt 110t1q i/fA dNl~irld 111 My Ci~ afIS111~ U~1dK Lh1f If~fLfYfM11t i11d fl4Vlf«I by HI! P~OYIfiO~If 11M~ O~ bY IiW.
18. That any fsilun to ~xaeis~ sny ?iql+t Mrsund~ ~hstl ~ot eonstitut~ nor b~ eonstrued as a waiwr of that rqht st sny futur~ timr, i
17. That this matysp~ ensta s contirwiny li~n to s~cun ths full ~nd finsl psym~nt of tM d~bt hsnby s~cund snd all oth~ obli-
y~tioiu impo~d hK~b'1? snd Mns(tK srisiny.
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! NOW. if the paYments are msds ss pro+rided and all tM for~goinp carena~ts snd apnements aro DNform~d and obss~ved, this mort-
~ giys shad be null and vad snd shall b~ rN~as~d at th~ cost of d,teMorty~Ya, wfiith tost tMMortsayor apr~s t° WY: ~t upon aay dsfault
~ in the psYment of tM-indebtedneas MrebY sseund or of any i~ntallm~ot U~erwf a of intsrost thason, as they sev~rally b~eoms due, or upm
~ anY dsfwlt in tl~e Performano~ or obsrrvanc~ of any of tiw t~ms, covsaants or spreansnts of ~is mo?tosYt, tfien in sny or either of s~id
avsnts, ths whole of ths ind~btedne~ hK~Y securod, st d~e oPtion of th~Mo?tyapat a tM I~d hddar of ssid in~Nbtednas, sha11 bscoma
3 immedirtely dw and Wri~~ without notiee. o~ in tb~ wa~t of tM patsap~ aft~? tM date of this mwtysp~ of anY law of ths Snt~ of Ftorida
~ d~duetinq from the value of Isnd for the purpos~ of tsxstion aoy tisn thawn~or chanyirg in a~Y w~Y ths laws now in fwe~ for ths tazatiw~
of mortpap~s o? dsbts secursd bY mort~s for State w local Pu~Pos~s, or the mannw of ths coll~ction of sny wch taxstion so as to aff~ct
£ writta~ ~otita
~ this mwtyays adve?sdY, tha hoWw of this mwty~ and of tM dobt which it secu~~s, ahaq hsw tM that if such ~ b~ 9iveo, the
~ to th~ owoer of tl» yraot~d Premisss re4uirin~ th~ paYm~nt of the marqsp~ dsbt, snd it a honbY ayr
~ ssid debt shall bscoms dw, paYaWs and eolleetiWe at the ~xpir~tion of said thirtY daYf, a^d uP°^ tM m°~~ i~~^~ ~ominp du~
and payable ss herstofor~ provided: the Mortyayor shall rsfrain from ooY~eti~g and rKeivi~ st1~rM
~ ~srwiss ~hail no ~~tice
from ths Mortqay~s all ts~ants shs~ theresfter psY wch n~ts to the MortP9K• snd anY WNm
~ m anmsdistNY caus~ this morty~ to b~ faecloa~d in th~ manne? pracribed bY law, and
~ oblgations of such tsnsnt, and th~ Moirtqaqae aY int~d, wMths the mortYspd PRmis~s ar~ home-
5~: upon commer~t of forxlown proeeedinps shaN bs ~ntitld to hsw s receivw appo snd charys of the mort-
~ stead or not a~d without proof vf any ottN? yround for his aPPointrn~nt d~sn d~s ssid dsf~ult, to tske po~ion
9~ P~~isss, to ?Mt tMe sarne and r~ceive and colleet tl~~ m~ts, isa~s and Prdits thereof, unds u inetionrmd~nd, ortamounuyf nd due
w colbcad b1l such neeivK shall be aPP~isd undsr diroctan of ths court to the WY~TMnt of anY 1~^
~ upon foreclowrs of this mort9sq~ induding the cost o~! edlection and rsssooable sttwrnY's fMS; ~nd, in th~ svent d sny default or defwlts
5:: in ths payrnent of the indebt~dness hw~bY secund, or of snY instaN^Nnt ther~of, w of intaost therwn, o? in the psrfamance a obssrvance
shall have the riyht ford~with after any wch default to snter
~ of any of tM te?ms, oownsnts w a~~nents hertin contsin~d, tM Mortyap~s
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i upon and tske poss~ssio~ of said mor~paysd Premises snd to I~t said premim and neeive ths ra~ts, i~u~s an! profits theroof, and aPP~Y ~
same, aher psYment of all necnsa~Y ~har9K x~d ~OUnt of th~ indebtedness h~rebY s~cutid.
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The Pr~~ of said foreclowre slwll bt applied, fint, to th~ tzp~~sss incurnd heraund~r, includiny s reasonable attorneYmentsof
wch sarvices u may be rende~ed for the collsction of ssid ind~bt~dness and ths foreclosure of this mo?tysge: seeond, to ths Pa1!
whatewr wm or wms the MortyaqN msy hsw paid a become lisble to pay in carrl?~~9 ~t d~e oPtions, tams s~ a~~all be psid'w the
paqe, toysd~ with interast theroon: third, to ths WY~t and satafaetion of said note: and fourth, ths wrplus,
"y`; Mortyapo~ or othsrwiss ss th~ eourt may d~u~e. .
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Th~ Mortpaqor h~rob~Y agNS that, in the ewot Mortqsys~ sf+~il ptsee tM nota heAby ssoured io ths hsnds d an attorosV aRer dofault
~ or ahar msturity fw eollxtion or for foroclowro, i?e wilt psy wch rNSOnab~e attornry's f~ss ss sre autho?ized bY taw, together with tMs cost
of extendinp ths abstract aod aH court costs sr~d all exprnsss P~oP~?~Y P~d a~r~ a~ a?e hereby sacur~d.
Th~ Mortyspor hueby assiy^s, transfers snd wm~ys ur?to ~tM MortyaqM, its succssso.s snd aasi9r?s, the rents aocn+ed and to socrue from
~''=j all t~nsnts in occupancY of tt» mortpsy~l Prwnises. or any part thKeof, includiny rentals sod myalties undw oil, qss and mw~e~a~ le~s, if anY.
during tt~s lif~time of this mortyate, it b~~~Y undnstood that as laq ss d~ere ~s ds~a~+~t in the per(ormanc~ o~ obsuvance ot any of the
eovenants or age~ments Mrein contsiMd th~ Mwtypor shaN hsw the Pry~iley~ of edlectiny sod neeivinp all wnts acuuirg under I~ases a
emises ot at+y Prt thwwf.
contncts of t~nsncl? fw the mortyspsd Pr
T!N mortqayad Premises beinp locat~d in the Stata of Flo~ids, this mwtqap~ and ths ~iyhts and ind~btedneu F~eM/ s~urad ~all, with-
- out reqard to ths plau of contract or paYment, be construed and enforced xcord~~9 to the laws of tiM Stat~ oi Flwids.
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