HomeMy WebLinkAbout2453 ~j NfORTGAGf:~:
~IAORTGAGE dEED ~913Q"y , a~?~ ~a~ ~~aea ot'
uw u ' ' . ~ ~ Q(~ iaad
~ • /~O ~Oit $Oll~1 F9d~'61 H~g~4T
~~51 y~MC I111Sf IMI~IAt S~OVSC'S 4~yC
t S~~~~ ~ g~ Yo~'t Plerae . Flurida
ih~t UQrt~agQt ~~Y B~«• ~b~~• ~ ron'Mys un~o ?futl~ccc, lhr (ulkw?~ing d~sc?iArd aal ~slatr in the ('amty of
~d1AT~ e . S~ate o[ I~lurwla. to wit_
Lc~t 1, Bloc~c 49 ~ ~
Dnit #'S
Qa per plat there ~a on Pile in p]at twok 11 nt pnge 5 of t~e pnbllo records or
St. Luaie CPant~~ F]~a. S~~ect to reatrictioa snd re~tion of rscor~l.
4~.~ 2 bsth~ Florida Root
lihite Stuaio vith b7rack tri~
R~ed briak F~ont
DCO STAt~'S ~ AFFIXr~ TO ~iICI2tAL PROMISSORY NOT~
~ ~ It~F7~lD 0-~1 PI1YM!!~ oF TA~S
01E ON dIISS ~C' IIRIr161e1E TER~O~AL ~ii~9tiY~
~tIRS1M1(f t0 l~IAPI~t 71-13~, A~IS ~ 1971.~.y~
IO6E~ POfiIOIS "v
CLERK CIRCUR OOURT, ST. LtlC~E 00, flA
, .
t~~_~thcr vc~th all buiWings and impr.»rmrnts na~r'bt ~afyti y~~t~d thenon arni all scrcens, shades, storm sash and blinds, and heati~• lighti~;• PlumbinE.
. kctric. f~entiLiting. n fngcrating :u~d 'Jlf-l'01I1~iIl0 g cwJi!~H~en ~h'sed Wf connection therrwith. all of which. for the purpose oi' this mortgaEe, shaU be
~H
,ieemrd 6~tures a~xi wbjrct to tM~ lien h~rcof. and the h~reditar.._.dsand~a~purtrnances pettainirtg to the property abovr Aescribed, all of which is refetted to
hrrrinaiter as the "pr~micei' • ~
I() {1AVt. A\U TO HOLU uici land uxi prcmix~ ~;ith ~11 the rights• PO~ik-L[r. an.f appurtenan~YS tMreto belonging, unta mortgagee and his hr_its. e~ecutors.
:,dn~m~stratots, wca:ssors and aui~r,ns_ forcrer. ~ ; , _ ~
~t~vie.~or alw as~:~r.s to ~turt~::~~ti all rcntc. iswcc arxl profits o4 s$i prcmises, rcsrrving the right to ~rolkct a~xi use the same, w~ith or without taking
G~,~.x,sion of th.: prer.:e~~s. de~ring rontinuan~t of drfault hcreunJer, •rnd during contin~anre of surh default authorizing ~fartgagee to cnter upon said premises
.,nJ or colkct anJ enfor~-~ th~ .au~, yithuut rrgud to :nie.;uar~• of an~• srcurity for the indebtrdness hereby ,x~vred by any lawful means including
.,ppuintment uf a rc~zivrr io 1hr name of any puty h~nto_ arnt to apply the same kcc costs and r~penses of opentiun and collection, including ~asonabk
.,tt,~rn~y~'s fccs. apon a~)' irsdzbttdrti~+ x~~red h.enh~•. in wrh utder a. ~turtgage~ may determine- :
~
{~~~fnPIj~SE OF SECURING: (1) Performance of rach agreement of Mortbagor contained heKin; (2) Payment of the principal mm of j
J/~~Ni
: with interest, u provided in accordance v?ith the terms and pro^vis,ions of a Promissory Notelt-oan ABceement (hereina[ter m er~ to u
' P~omissory Note") dated 9~~~~? , maturity date~_++~I ~ , and payabk to~t~erdy~rof Nortga6ee,
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e:hich Promissory Note ~eference is hereby made; ~3) Payment of any additioaal advances, not in a principal sum in excess of S w~~
mt~rest thereon, as may 1~ereafter be loaned by Mongagee or the then holder of his Muitgage to 1liort~or, each and erery advance to be evidenced by tt~e
Pr~~r~issory Note of Mort~or in tIK amount of the advance; (4) The payment oC any money ltut may be adranced bY the Mortgagee to ~1ort~~o~ for any
rrawn or to third parties whote thc amounts are advanced to protect the security or in aecordance with the covenants of this Mortgage.
~11 payments made by Mort~gor on the obliption secured by this Mortgage shal! be applied in the follov~hnE order.
t=1RSi': To the payment of ta.xes and assessments that may be levied and asscssed against said piemises, inwrana"¢t"E"mia~lnf; rE~iir'3, and all othet chuges
~nd cxpenses a6reed to be paid by the !?tortgaEor.
SECOND: To t6a payment of interesl due on said loan-
THIRD: To the payment of principal-
(U PRC)TF.CT 771F SEClIRITY HEREOF. ~IORTGAGOR CO~'I.~A~TS A\D AGRFES: 1!)To kerp ~aic1 pn'mi.~. ~nwrrd rgatn+t lirc arxi ~urh othtr
ca.ualties as the ~fortgagce may specif~, up to the full value of all impwvements fot the ptotrrtion of ~tortg:~gre in w.h mr~ner. ~n w~h unuunt.. arxi in such
,,~mpanies as ~tortgagee may from time to time approvr, and to k~~aF the poliric~ iherefot, propedy endorxd. un drpos~t ~?ith ~lurtgagec. anJ that lou
~r~~.eeds (k:ss expenses of collectan? shall. at Mort~agee's optwn, tx applied un s~ki indebtrdness. v?hether dur or not ur tu the rc.torrtiun of <aid
;:,,~nwements_ In erent of bss Nortg~gor w•ill gne immrdiatt notire by mail to the ~turtgagee w•ho may m~:r pruuf of loss if n~t made promptl~• by
~t~~rtzagor, and each inwrancY comp~ny concrrned 'u hereb~ authorired and directed ta makr pa}ment tor wch lus~ dircrtly to ~lortg•rg~Y inetaad of
~tart~agot_ (2y j'o pay all taxes and special assecunent~ of any kirtd Ihat ha~~e beei~ or may be k~kd or a~sc.xd upon s~id ptemiscs_ or any~ part thereoL 13) In
thr <<~en! of detault by Alortgagut undcr Pars~uaphs 1 ut 2 abovr, ~lutigaget. at itc oplion IWhetFrr rkcttng to drrlarr the whok indrbtr3nrsc srrurcd hereby
1.,r and collectibk or not), may (a) effect the iawrance abore provi.ied fur snd pa~' thr reasonable premiums anJ rharFe+ thrrrfot: Ib1 pa? ali caid ta~e. and
,~~e;~ments w~ithout detetminin~ the ral~dity therrut, and (c) Fiy such Ikm and aU wch dicbursements shall br decmrd a part of the indrbt~dnec. ~iured by
~i1;, ~tort~age and shall be immediately duc and payablr by ~turtgagor to ~tort~e. 141 To keep the buildmgc and other improvrmentc noa• ot hrrralter
•r:.ted in good cundition and repait, not to commit or suffer an}• wa.te or any u~e of uid premire~ contnn• to restrirhon or re.ord or contrary to laws,
~~rdinances aM r~ulations of proper pubiic auttarity. and to permit ~Ioti~eaFee to rntet at all reaconab3e times tor the purpo~r of insprcUng the premnea, not ~
c,, remore or demulish aay bwlding thercon: to comQlete within Onc Hundrcd Eiq3?ty (180) Uays or restotr promptl}~ and in a fuod and uurkmanl~ke mannet
an> buildinE w~hich may be consttucted, damaged or destroyed iheteon aod to pay. ~ircn due, all cltims for labor performrd and matenal furnished thcrefor.
i~ 1 i hat the time of paymeni of tfie indebtedncss Mreby sec~*~d• o* ot ~m' P°~tron thereof, ma~ be extended or trnew~ed and ar.y t+ortions of the premi~es
hercin describrd may. w~thout notice, be rckased ttom the lien hereof, without rekasing or affecting ttx penunal liability of any perwn or rutporation for the
~a~ ment of said indebtedness ot the lien of this instrument upon the remainder of said premises for thr full art.~uN uf saisi indebtedness thrn rcmaining
~npaid, and no chanEe ?n the ova~netship of said ptemises shall rclease, rcduce ot olherwice affecl any wch perwnal liabilit)• on Ihr iien trcreby crcated. (6)
Ihat he is seized of the prcmises in fce simPk and has Eood anJ lawful righl to romt~• tht same: anJ that he dor~ hereby forevrt wunnt and will forerer
defend the titk and posseuion thercof against the law~ful claims of any a~ all persons whatsoever.
09'0~73 (6-7~) Fl fA{![ Zi~ '~8
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