HomeMy WebLinkAbout0847 ih~ total amount of indebtedness secured by this Mortgage shall.not exceed Sla_c~,_o~.
Mortgagor fully warrants the 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 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 waiving_the
option to fareclose, 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 th~t ~ote or this Mortgage, in-
cluding reasonab~le attorney's fees and ti~le searChes.~The cost thereof, with 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 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 thar~ the`acfreement to make
the payments is breached, the entire unpaid principal balance of that r~ote 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 mor~- ~
gaged and if 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. - ~
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 i
usury laws, and it is agreed that any contrac~ for interest secured hereby shall be '
subject to reduction to the lawful amount. ~
IN WITNESS WHEREOF, the Mortgagor-has hereunto set his hand and seal the day ~
~ - ~ and year first.above written. ~
~ ~ ~
~ r' Signed, Sealed a Delivered .
; ~ i n th res c f: fi~EO ~K~ kEC~RoEO ~ ~
~ j it. LUC+E C~UNiY FLA. ~ - ~ ;
~ -O:TRAS a
; K CiRCUtT COUNT ~
~ ~tE~ORD ~ ~ i
~ / ~ ~ ~ ? .
F'Ee 1 tZ wz PN 76 #
As Witnesses to t e ortgagors .
~
STATE OF F1o=ids ) SS
COUNTY OF St. Lvcie ) a3~ia.~ i
E
~ I hereby certify that on this date, before me, a Notary Public duly authorized
~ in the State and County named above, to take aknowledgements, personally appeared ~
~ ,
~
~ to n f.he ~ . pe scribed as Mortgagor in and who executed the
' foregoing mortgage and acknowledged before me the execution of same.
~ Witness my h~nd and official seal in the county and state named above this
; 26tb day of J~nusrv , 19 76
~
~ My Commission Expires ~ ~
~ ~•~~~wV~c. Stob of ilwido at bry~
~
~ ( NOTARY S EAL = `.C.
"'""v"fq;Esp:.. Apii s~, »7f c y°'~`'~~
~ F.. a c.~,~ otary Pub c
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~ This instrqme~t ~h re~ 6y :
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