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HomeMy WebLinkAbout2515 ~ . ~ ~j ~RTGACEE: _ . MORTGAtiE DEED Avao Fi~~„~~~ ' RAA o .....a ~..,.t.~,s Tne_ . r_ 7GA4 Q....~1~ TTadaw'1 H~ g~~~ /111lT IMI11~L SIW3t i M~M~ ~'J~~ ~~u~~ ~~57 M~YC ' ; lii~"~s A~~QNY • ~ f ` ~ ~nw4 ~ A1k2d . F~OIIa# That S1ort~or_ hereby ~~~s. buW~ ~ ro~~yi unto Moctg~ee. the foUowing drscribed aal estate in the County of . SB1t1t I~uCie _ . state oc hlori~?• Ip ~t: ' : :~e ~ ~ Lot 8~ H1oak 8~~~~ieuaor~y Hei~ta Addit~i.on !N aaaonling to the Pleit thereof as reeorded in Plat Book 9~ Page 71~ of ths PuDlia Zeaords of St. Luoie Count~r~ Flcride? ; Sub~eat to ease~ente and reet~riat~ione of reoord. ~ Sub~ect to Taxea for the year 19?4 ar~d subeequent years. . DOG STAI~S ~EtS AFFII~ED TO HRIGINAL PROt+QSSORY PTOl~ ~ ~ " ~ ! ~~~~ir. - ~ ~ q~'C Nti ~ 1871. ~ ~.Ett 71-131. ~ - NR~ ~pt ~o~~ ~ ~ ~ n, utc~E cA, e~tgether with aU buildinp,s and improrcmrnts now• or hereafter crected thereon and all scieens. shades, storm szsh and blinds, and heating, tighting, plumbin6, ! ti~:. ekcuic, ventilatirtg, reCri~nting and air~~ond~tioning equipment used im m~nection therevrith, all of which, for the purpose of dus mort~a~e, shall be j ~~cr^ed fi~tures and wbjecl to the lien hereof, and the hereditaments and appurtenances pertaini~ to the property above descnbed. aq of which is refemd to ~ g hereinafter u the "premises' ~ 1(3 HAVE AND TO HOLU said land and prcmises. H'ith all the rights. privikges and appurtenances theceto belongina, unto mortgagee and his heirs, executon, ~ a~iministntors, successors an~1 usi8ns. forever. ~ ~fortgagor aho assiSrts to I?lortgag~.~e all rents. iswes and profits of said pcemises, reseiving tl~e right to cotlect and use the sune. W+~tt? or without takin6 pu,xssion a( the premises. during continumce of Jcfault hemunder. and during continuance of wch default authorizing Mort6agee to enter upon ssid premises ~nd;or colkrt u?d enfurce the samr without ~egatd to adequacy of any security for the indebtedness hereby secured bY anY lawful means includi~ pointment of a receirer in the name of any party hereto, and to apply the same less rnsts and expenses of operation and co~kction, inefuding reasonable atturney's fees, upon any indcbtcdneu srcured hereby. in such order as Mortga¢ee may determine- f~OR THE PURPOSE OF SECURING: (1) Pedormance of each agrzement of Mortaagor contained fie~ein; (2) Payment of the principal wm ot 5 z~,~.51a aith interest. u Proridsd in ucordance wit6 the terms and provutons of a Promiswry Note/Loan Agroement (hereinafter refernd to as "Promiuory Note'7 dated ~~~~7 ' - , maturity date , and payabk to the order of ~lortaaEoe, P P~ ?'174 _ 5 + , with. co which PromissorY Note iefe~ence is hereby made; (3) Payment of my additional advances, not in a rinci sum in excess of S inter~st thereon, as may henafter b~ ~oaned by Mort~a~ee or the tl~en holder of his biort~e to Mortgaaor, wch and everY advana to be ev~denced by the P ason or to tlticd rputies wt~ete the amounts at~ advanc~d ~ prot~ ~~~rity or in ~rdanra tth t1 coKnan~ Of tli Mortg~e to Mortga6or for any :Vl payments made by Mortpgor an the obliption ~ecured by this Mortga6e sha11 be applied in the followina order. FIRST: To the payment of ta.ra and asxaunents that may be kvied and aseesr:d a~ainst said premixs, insacance premiums, cepain, and all other chacga and expenses aaroed to be pad by 11~e Mortgaaor. SECOND: To tb~ p~Y~nt of interest due on said loan. TFDRD: To the Qayment of principal. 10 PRnTECT THE SECl1RlTY HEREOF, MORTGAGOR CO~'i:NANTS AND AGRF.ES: (1)To keep said premix~s inwrcd against fitr end w~fi other ~ ,:,.Lalties u the Mortgasee maY spocifY. up to the full value of all improvements for the protection of !1lortgagee in wch mannrr, in such amounts, and in wch . ompanies as Mort~ maY from time to time appr,ov,~, and to keep the po~~ci~s thercfor, propedy endorsrd, on deposit w~ith ~lortgagee. and that bss pru~xeds (less expenses of collection) sha0, at Mortgagee~s option. be apPlied on stid indebtedness, whether due or not ur to the restoration of said u improvements. In erent of bss Mort~a6or veill give immediate notia by mail tu the ~lortgagce who may mal:r proof of lou if not made promptly y ~1+~rtgaEor, and each insurance company concemed 'u hercby authorized and Jirected to make payment for such loss directly to ~tortg~,tee instead of `tortgasor. (2) To pay all taxes and sPecial axsesunents of any kind that have been or may be kvied or uscssed upon said premises, or any put thereof. (3) In ch~ erent of default by Mort6agor under Puagraphs 1 or 2 above. Moregagee, at its option (whethe~ ekciing to declue the whok indebtcdness securrd he~eby ;i~~r and rnlkctibk or not), may (a) eiYect the inwnnce above provided for and pay the reasonabk premiums and charges therefor: [b) pay all said taxes and ;cx ssmenu without deteiminina the validitY ~t~reof, and (c) pay wch liens and all wch disbursements shall be deemed a part of the indebtedness serurcd by chic ~torigage and shall be immediately due and paYabk by Mortg~or to ~lortga6ee. (4) To keep the buildings and other improrements nov? or herea[ter ~re;ted in aood rnndition and rePair, not to commit or wffer any w'aste or any use Qf said premises contrary to restrictio~ of nsordlor i~~~re not ordinances or ceaulations o[ proper pnblic authority, and to permit 111ott~ee to en[er at a11 reasonable times_ for the purpo pe E P, l~, ~ demoLsh any bwldina thereon; to compkte within Oae Nundred EqshtY (180) Days ot restore p~omptly an! in a good and uorkmanl~ke manner any buildinE ~vhich m~Y be conswcted, damaged or destroyed tiKreon and to Wy, d~. ~11 claims for labor performed and material furnished thercfot. ma tion thereof, may be extended or renevrcd and mY PQnp+~ of the p~mises a~ 1 That the time of payment of the indebtedness herebY secu*ed• or af iny P°~ herein described may, v?nthout notice. be rekased from the lien heceof, without teleasing or affetting the personal IiabiGly of any person or rorporation for the payment of said indebtedness or the lien of this instrument upon the remainder of uid premises for the full amount of said indebtedness then remaining u~ipaid. and no chanae in the ownership of said premises shall rekase. tedua or otherwise aRect any sucb penonal liability on the iien hereby crcated. (6) That he is seized of ~ P~ n thereof~ ~nst the lawfu ct~aims of ny and a~ll personsR h~~t~Yesamc: a~ that he does hersby forever warrant and v?iU forevet defend the titk and possessio ~ 09•0475 (6-77) iL . O R~A o~~l~ 800K J ~ - ~ x ' z ~ x.~ . c ,r^;,~~r ~e-~'~' ;q v~. ~ YFv~ ~ ~ _ _ _ ~