Loading...
HomeMy WebLinkAbout0573 s ~ The total amount of i~~debte~~~~:., secured by this Mortgage sr,all not exceed 315,800.00 . ; Mortgagor fully warrants the title to said land and wtll defend the same against the ' lawful clalms of all,persons whomsoever, and agrees: ~ { when d~ To make all payments required by that note and this mortgage pranptty . ~ ae. ' i 2. To pay all taxes, assessments, liens and encumberances on that property ~ pranptly when due. If they are not promptly paid the Mortgagee may pay them wlthout walving the optlon to foreclose, and such payments, with interest thereon fran the date of payment at the same rate as speclfied in that note, sha11 also be secured by this Mortgage. 3. To camiit, permit. or suffer no waste, impairment or deterloration of ~ the mortgaged property. ~ 4. To pay all expenses reasonably incurred by the Mortgagee because of fai1- ~ ure of the Mortgagor to comply with the agreements 1n 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 payment 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 prior written con- sent of Mortgagee. ; 6. If any payment provided for in that note is not paid w9thin 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 principal balance of that note shall im- mediately become due at the optlon of the Mbrtgagee and Mortgagee may foreclose this mortgage in-the manner provided by law, and have the mortgaged property sold to satisfy or apply on the indebtedness hereby secured. 7. The rents and profits of the mortgaged property are also hereby mort- r gaged and if proceedings to foreclose this mortgaye shall be instltuted, 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 Mortgagor nor any 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 i subject to reduction to the lawful amount. z ; ~ ' IN WITNESS WHEREOF, the Mortgagor has hereunto set his hand and seal the day ~ and year first above written. F f ' ~ Signed Sealed and elivered . ~ in r e ; ~ G~ _ , s y : ~ ~ ~ - : ~ ~ ~ ~ G~~~~~,, ~ s W tnesses to t e rtgagors ~ ~ STATE OF ~ SS ~ COUNTY OF ) v ~ I hereby certify that on this date, befare me, a Notary Public duly authorized ~ in the Qate and County named bove, to take aknowledgements, personally appeared ~ to me nown to be t e person or persons descr ed as rtgagor n an w a execut t e. ~ ~ foregoing mortgage and acknowiedged before me the execution of same. ~ Witness my hand an fficial seal in the county and state named above this ~ day of , 19 7.5 . ~ ~ ~ . ~ ~ ~ My C,`o~fssi~on,,Expires: ~ ~ : r:,, . ,l ~~~i o. is r, f .~~t . ~ ~ s ~ ~~H~~ C~~'•.~~~}/~fia,_.f„i,:rn is- . t.: , '"1 ~ f ~ ~ = , 4 ~Q :-j, otary Ub C S .tL~CtC COUNTr FtA. [ ~ ' ,1 RO.;E~ ~ 42TAAS ~ T~Lt~ 1~st~uh~t ~repared by : p~ iE~=~, c~ couR ~ z~. . ~ AV : ~ ~ . ~ ,3 ~ ,`',`y~'' o R 5? ~ ~ MAr b 12 s4PM'~5 S-~ ti_:• ~ BOOK 239 PACE ~ ~ 3Q'73'~1 1- ~ ~ _ _ _ ~ '4=~ f~.a~