HomeMy WebLinkAbout0594 The total amount of indebtedness secured ~y this Mortgage shall not exceed s22.120.00
Mortgagor fully warrants the title to said land and will defend the same agalnst the
lawful claims of all persons whomsoever. ~nd agrees:
1. To makE all payments required by that note and this mortgage promptly
when due.
2. To pay ait taxes~ assessments, liens and encumberances 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 interest thereon fran the date of payment
at the same rate as specified in that note, shall also be secured by this Mortgage.
3. To commit, permit, or suffer no waste, impairment or deterioration of
the mortgaged proper±;:
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4. To pay all expenses reasonably incurred by the Mortgagee because of fail- ;
ure of the Mortgagor to canply with the agreements in that note or this Mortgage. in- ~
cluding reasonable attorney's fees and title searches. The cost thereof, wlth in- ;
terest thereon fran 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 Mbrtgagee. '
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
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 for.eclose this
mortgage in ti~e manner provided by law. and have the mortgaged property sold to
satisfy or apply on the indebtedness hereby secured. -
7. Tfie 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 3urisdictian thereof should appoint a receiver of the mortgaged property and
apply those rents and profits to the indebtedness hereby secured, regardless af 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 ~
sub3ect to reduction to the lawful amount.
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~ IN WITNESS ~fHEREOF, the Mortgagor has hereunto set his hand and seal the day ~
~ and year first above written. ~
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F Signed, Sealed and Delivered ±
f i n the Prese ce of :
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5
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~~~g~~ As Witnesses to the Mortgagors
STATE OF C~a~ ~ a"¢ ~ SS
COUNTY OF sT ~.v ei~ ) _
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~ I hereby certify that on this date, before me, a Notary Public duly authorized ;
in the tat~ and County named above, to take aknowledgements, personally appeared F
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ivNA/j.l~ .F ~.VE ~/~IA~Y ES FN~ i
to me known to be t e person or persons escr as rtgagor n an o execut t e
~ foregoing mortgage and acknowledged before me the executlon of same.
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Witness my hand and official seal in the county and state named above this ~
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