HomeMy WebLinkAbout0108 Mortgagor fully warrants tne title to said land and will defend .the same against the
lawful claims of all persons whomsoever, and agrees:
1. To make all payments required by that note and this mortgage promptly
when due.
2. ~`To pay al l~ taxesy- assessn~ts, 1 iens and ~encu~brances oA~ that .property
promptly when due.
If they are not promptly paid the Niortgagee 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 Mortgage, in-
clud.ing 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. Not to convey all or any portion or interest in the mortgaged property
without the prior written~consent of Mortgagee.
6. If any payment provided for in that note is not paid within 3d-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 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 sfiall 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.
IN wITNESS WHEREOF, the Mortgagor ha~ hereunto set his hand and seal the day
and year.first above written. ~
Signed,-Sealed and Delivered
in the resence of:
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CIE COUNtY F~A,
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~ CIERR CI~CUfT CQURT ~~S
~ STATE OF FLORIDA ) SS R~C~:R~ YEfitF1Ep...,..~r,,,
~ COUNTY OF ST. LUCIE ) ~A~! 11 9 yl ~'ls
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€ I hereby certify that on this°date, before me, a Notary Public duly authori~ed
~ in the State and County named above, to take acknowledgements, personally appeared
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~ to me nown to t e person or persons escr as ortgagor n an w o execute
- the foregoing mortgage and acknowledged before me the execution of same.
~ Witness my hand and official seal in the county and state named above this
~ 12th day of p~~,~ , 1 g~_, ~
~ My Cor~q~ission,,Expires: ~ j _
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~ E 248 PACE 107 i
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