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Home My WebLink About0588 The total amount of indebtedness secured by this Mortgage shall not exceed S 1 5,84 0.00 Mortgagor fully warrants the title to sdid land and will defend the same against the lawful claims of all persons whomsoever, and agrees: 1. To make all payments requlred by that note and this mortgage promptly when due. ~ 2. To pay all taxes. assessments, liens and encumberances on that property ~ promptly when due. ~ If they are not promptly paid the Mortgagee may pay them without wa~iving the i option tc foreclose, and such payments, wtth interest thereon from the date of pa~yment ~ at the sdu~e rate as specified in that note. shall also be secured by this Mortgage. ; ; 3. To conmit, permit, or suffer no waste, impairment or deterioration of ~ the mortgaged property. - ; 4. To pay all expenses reasonably incurred by the Mortgagee because of fa11- ure of the Mortgagor to comply with agr~ments in that note or this Mortgage, in- cluding reasonable attorney's fees and title searches. The cost thereof, wlth 1n- terest ~b,zreon from the day of payment at the same rate as specified in that note, shall also be securpd 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 within 30 days after it beca~es 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 option of the Mortgagee 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- gaged and if proceedings to foreclose this mortgage shall be instituted, the court having 3urisdiction 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 Mortga;~or nor any party liable for the indebtedness secured hereby shall be required to pay interest in excess of the rate allowed und_~~ t~~ ~f the State of F'lorida. 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 sub~ect to reduction to_the lawful amount. . ; IN WITNESS WHEREUf. the Mortgagor has hereunto set his ha~d and seal the day ' and year first above written. I - k ; Signed, Sealed and Delivered ~ in re nce o • ~ ~ ' ~ . ~ s tn~sses to t e ortgagors ~ STATE OF F/oa~.o ) SS COUNTY OF rT. L~ae ~ E ) I hereby certify that on this date, before me, a Notary Public duly authorized ~ in the State and Cp unty named above, to take aknowledgements, personally appeared nr4w, J. F. E. r- ~c H A ~.e ~ _ to me known to be the person or persons descr bed as rtgagor n an w o execut t e ~ foregoing mortgage and acknowledged before me the execution of same. Witness my hand and off cial seal in the county and state named above this ~ ~~day ~of , 19~.~. ~ ~ ^ , c ^ • , ~i~~~ My`:LafRtlssi~r~..Ex~Ires: . ~ : - : : - ~ . ~ : , ~ h ~ i~.aE - , Y u t~ ~ ~ ~ . ~ o ar ub c ~ 4E " N~r ~ rq.'~'~°" .~'t~ c~. ia~s ~ T~~i ~~qwtr~r~' pr.~pared by: ~~c~ ~p~Rt , , ~ ~ ~K f:~.= an ...c"s~w ' t ocrnRr . 1 ~ ~~f~'+~..S-t~it2~~~~~,'?~:, ' _ ~ 5 ~ o ~ N~~ ~ 3~~383 ~ BOOK~.J~7 PACE 5$~ . - - : W ~ : ~ z ~ ~~-_w ~~_y"' - . e _ ~t~~~~