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HomeMy WebLinkAbout0600 . ' . The total amount of indebtedness secured by this Mor.tgage shall not exczed 531,284.00 . Mortgagor fully warrants Lhe title to said land and will defend the same against the lawful claims of all persons whomsoever~ and agrees: l. To make all payments required by that note and this m~rtgage promptly when due. ~ 2. To pay all taxes, assessments, liens and encumberances on that property promptly when due. ~ If they are not promptiy paid the Mortgagee may pay them without waiving the option to foreclose, and such payments, with interest thereon from 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 property. 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 MTortgage, in-~ ~ cluding reasonable attorney's fees and title searches. The cost thereof. with in- F terest thereon from the day of payment at the same rate as specified in that note. ~ shall also be secured h~ this Mort~~.~ge. 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 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 foreclose thls : mortgage in the manner provided by law, and have the mortgaoed property sold to ~ satisfy or apply on the indebtedness hereby secured. ; 7. The rents and profits of the mortgaged propert;? are also hereby mort- gaged and ~f proceedings to foreclose .this mortgage shall be instituted, the court having jurisdiction 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. ; i 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 ' subject to reduction to the lawful amount. ; . ~ IN WITNESS WHEREOF, the Mortgagor has hereu~to set his hand and seal the day j and year first above written. ~ ~ Signed. Sealed and Delivered ~ in the Presence of: - o~. ~p.~¢ ~ ~ ~ ~ . . A ~~G.,~~ ~ s tnesses o t e ortgago s , ~ STATE OF ~~e~ ) SS ~ COUNTY OF tT Gwe~~ ) ~ I hereby certify that on this date, before me, a Nstary Public duly authorized in the State and County named above, to tak aknowledgements, personally appeared ~ ~ 2 `G~ ~ L~. to me known to be t e person or persons d scr 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 , 1 g.~~ ~ 4 ~ N?~~~uu~~r~~~ ~ My,~iss~qp '~pires: , `~~-vt9-Y~ ~ bro. ~ / ~ p~~ ~`t1 otary Pub C FI~EQ A+~_• PEGBr~DED =:lt p Ee~ ST. IUCiE GOUMTY FIA. ~ ~i~~;~s~f~ Rt~~r~pared by: - accEn POtTRAS ..,,n;'•., Q~.•'~ Q'.' " C t E s~ K C~ a C U I T C O U R T - RF~nap YfN~~iEO._._ ~ ,,r ,~G~ O R ~ ~`~~~~'~+t niN~i~~t~``. BOOK~.Ve7 PAGf ~t~ 1'IA1 6 12 s6 PN ~7~ ~ ~ • ~ ~ ~~-~3'.~~. ~ - - ~ _ - - - ~ ~ - - ~ ~ _ _ ~ _ . ~ _ _z . - . b .