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HomeMy WebLinkAbout0736 NO~.'. if all payments are made as herein provided arid all of the terms. ~uvenants and agreemenu con- ~ taine~ herein are performed and obsecved. this matgabe shall be ~ull and void aat~ shali be teleased at the cosc of the inortgagor~ which cose the mortgagor agrees to pay; but up~n default in any of said paymeACS or ~ upon any default in the performaace or observance of any of thc terms, covenants or agreements of ch[s ma~rtgage. then the whole of the indebtedneu hereby secured. at the option oi che mortgagee or legai holdu of said note~ shall becoine lmmediately due and payable witho~c ~otice. and the ma[gagee may immediate- ly cause this mortgage to be [oreclosed in the manner prescribed by law; and upon commencemertt of fote- closure proceedings, the matgagee shall be entitted to have a receiver appointed. whether ot not the ; premises are homestead and without proof ot any oeher gtound for such appointment tha~ such default, to take ' possession and charge of the premius~ to re~t the same and receive aad collect the renu~ issues. lncome and ~ profits thereof under direction of the courc, and any amou~t so collected by such receiver shall be applied ~ undet direction of the court to the payrnent of any judgment rendered or amounu found due upon faeclosuce : of thfs mortgage; and !n the event of any such default. the matgagee shall have the right fachwith to enter ` upon and take possession oithe premises and to rent the same and receive the tents. iuues. income and profiu ~ thereof and co apply the same. after payment of all necessary charges and expenses. on account of the in- debtedness haeby secured and to fulfill any of the obligations contained herein. The proceeds of uid fore- closure sha21 be applied: fint. to the expenses incurred haeunder; second. to the payment of whatever sums ; the mortgagee may have paid or become liable to pay in cartying out the optiont~ terms and ptovisions of ' this mortgage. togecha with irtterest thereon; third, to the payment and satisfaction of said note; and fourth; ~ ~ the surplus. if any, shall be paid to the moregaga or o~herwiu u the court may deccee, ; 2 All aWards made by any municipal, county, state a federal authority. whe[her for a taking of title to~ ~ possession of. or any intetesc in the premises a any part thaeof a for damages sustained~by the ptemi:es or ~ any part thereof or for any change of grade of sueeu aifectiag the premiaa. are hereby assigned to the mort- gagee. and the mortgagee~ at its option~ Is heteby authafzed~ directed and empowered to collectandrecelve the proceeds of all such awards from the authorities making tha same. to give proper teceipts and acquittancu therefor and to apply che same toward the payment of the amount owing on account of che indebtedness hereby i secured. notwithstanding the fact that such amourtt may not be then due and payable; and the mortgagorhereby ; cove~anu and ag~ees, upon request by the martgagee, to make; execuce and delivu any and all as~ignmenLs a and other insuuments sufflcient for the purpose of assigning the aforesaid awazds to the mortgagee. free, clear ~ and discharged of any and all encumbrances. F ~ The premises being located in the State of Florida. this morcgage and the note hueby secured shall. ~ wichout regud to the place of con~aet or paymeni. be construed and enforced according to the laws of the ~ State of Florida, ~ ~ Notwichstanding any provision herein or in said note. the totai IiabfHf~r for payments in the nature of interest shall noc exceed the limits naw imposed by the usnry laws of the State of Florida. - s IN ~~'iTNESS WHEftEOF, the mortgagor has caused these presents to be executed in its name, and its corporate seal to be hereunto affixed, by its proper officers thereunto duly auth?orized, t{h~-isq 31ys~t day1~ of December, ; i7/YZl1KfA-d/aLp/1~dXZXOYIIDXZI11O1~~Yq?ZXZAWYIZXZX~I'tlJ1tZXZXZXZ~[W~XO~~Jk~~~Y i 19/5 • ~ ~ Signed, sealed and delivered FOUR T GROVES , IN . ~ in the presence of ~ . 3 BY : / ` ~ C, A EAL) . zim ato , President ; ~ (SEAL) i ATTEST: ~ ~io(SEAt,) i Se etary-Tr asurer ~ (s~+L) - ~ STATE dF F7..OR[DA COUNTY OF SAINT I.UCIF 1 HEREBY CERTIFY. That on this _ 31st- day oj December--.- A. D. 19~5--. bejo~e me peraona[[y nppeared ~ D. J._ TZIMENATOS-_ ~~j - . respectiaely _ President a~d _ _ . _ _ S~etary -Treasurer_ , a` FOUR T GROVES, INC. _ , a_Florida corporntion, to nte known to be t1~e persoru tlescri6etl in and u~ho executed t1~e JoreQoing instrument, and aeverally acl~nowledged tl~e exe- cution fhereof to be their ~ee act and, d~ed ai sttc~i,,ojftc~ers, jor t~e uses arul purposes !/~erein mentioned; and tha! tliep n((ixed there[o Ihe oJ(icial seal of said..corporofton, _and'the said instniment is Ihe act and deed oj said corporation. ~VTI~VESS m hand and o(jicial sectl at;~ort~~~e~e~"'~.Florida said ~nunty and stale. 0 "r: y ~r , f i ~ _ _ • BGGK~~~ PAGE 13U . - _ . . r Notary Pu6lic, ' and /or State and County A(oresafd. , . - .1: ''~Mr C9mrniuton Eacpires:r, . - r .o: . ~ ~ . - ~ ! Nn. ,.case..iu~ n.n. • - _ < = _ - - ti _ . _ . . ' . ~ . , _ ~~~$r"~`.` . ~i'`~•ura,u•"~~1~'~ .