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The total amount of indebtedness secured by this Mortgage shall not tixceed S .
.
Martgagor fully warrants the title to said land and will defend the same against the
lawful claims of all persons whomsoever, and agr@es:
1. To make all payments required by that note and thls mortgage promptly
when due.
2. To pay all taxes, assessments, liens and encwnberances 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 lnterest thereon fran the date of payment
at the same ra?te as specified in that note, shall also be secured by this Mortgage.
3. To cammit, permit, or suffer no waste, impairment or deterioration of
the mortgaged~proper'ty.
4. To pay`all expenses reasonably incurred by the Mortgagee because of fail-
ure of the Mortgagor to comply with the agreements in that note or this Mortgage, in-
cluding reasonable attorney's fees and title ~searches. The cost thereof, with in-
terest thereon from the day of pa~yment at the same rate as specified in that note,
shall also be secured by this Mortgage.
5. To permit no assumption of this Mortgage without the pri~r written con-
sent 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 ;jr;
the payments is breached, the entire unpaid principal balance of that note shall im- :~.x_
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 :`.'.f'
satisfy or apply on the indebtedness hereby secured.
7. The rents and profits of the mortgaged property are also hereby mort-
gaged a~d if proceeding~ to foreclose this mortgage ~hall 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, regardless of the ~
solvency of the Mortgagor or the adequacy of the security.
8. Neither Mort a or nor an ;
g g y party liable for the indebtedness secured hereby ~
shall be required to pay interest in excess of the rate allowed under the laws of
, the State of Florida. The intention of the parties is to conform strictly to the
usury laws, and it is agreed that any contract for interest secured hereby shall be
subject to reduction to the lawful amount.
IN WITNESS WHEREOF, the Mortgagor has hereunto set his hand and seal the day
i and year first above written. -
i ~
~ Signed, Sealed and Delivered '
i n the Presence of : :
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~ . i. vl~'~LLC.~li! ~ x - ; t : ~ ~ i r i~ . ~ c.,.c., ,
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~ s W tnes to e r gagors
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~ STATE OF (y-S ~ SS F
COUNTY OF ~yS~,~ )
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I hereby certify that on this date, before me, a Notary Public duly authorized
~ in the State and County named above, to take aknowledgements, personally appeared
~ h ~ - ~r
~ to me known to be the person or persons descr bed as Mortgagor n an w o execut t e
~ foregoing mortgage and acknowledged before me the execution of same.
9
Witness my hand and official seal in the county and state named above this
~ day of ~ j g
~ _ ~ ~ _ ~
~ ~ ~ ~30~~
~ My Cormiissivn Expires; ~
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~ (NOTA~IF`~~~«a~.:: • F~L~U~ "couKTY
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~ ' r: T, s' ~ ;~~RI'r1EU AlE~R7 W. SCHW.~RZLER
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~ Tki s=instr~ t~; _ ared byaF~~P~ 4 QN ~~5 PUBUC OF NEW JERSEI?
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: ~ ~ ~ 5 ;:1' (~C?.~ ~.~G:J'ri EXFIRES APRIL 10~ 1.'77 ~
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~•,,J`j - BOOK ~ PACf 511~
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