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The total amount of indebtedness secured by this Mortgage shall nat exceed s 5663,i/,
. 1. t #
Mortgagor fu11y warrants the tltle to said land aind will" def~nd 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. ~ ~ f
~
2. To pay all taxes, assessments, liens and encumberances on that property
promptly when due.
1f they are not promptly paid the Mortgagee~ma~y pny them Nithout waiving the
option to fareclose, and such payr?~nts, with lnterest 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 pa~y all expenses reasonably incurred by.the Mortgagee because of fail-
ure of the Mortgagor to comply wfth the agrpements in that nate or this Mortgage, in-
cluding reasonable attorney's fees and title searches. The cost thereof, with in-
terest-thereon from the day nf 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 becanes 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 shall be instituted, the court
having 3urisdiction 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 parLy liable for the indebtedness secured hereby
sfiall be required to pay interest in excess of the rate allowed under the laws of
the State of Florida. The intent~on of the part"ies is to conform strictly to the
usury laws, and it is agreed that any contract far interest secured hereby shall be
subject to reduction to ti~e lawful amount.
IN.WITNESS WH~REOF, the Mortgagor has hereunto set his hand and seal the day
~ and year first above written. . .
~ Signed. Sealed and Delivered . .
i i n t Pres ce of : ~ -7
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s tnesses to t e ortgagors _
STATE tJF ~ SS -
GQUNTY OF ~ ) ~
I t~ereby certify that an this date, before me, a Notary Public duly authorized ~
in the State an County n above, to take aknowledgements, personally appeared ~
~ ' ~,t , .
~ to me known to be t e person or persc,ns descr bed as rtgagor n an w o executed t e
~ ' foregoing mortgage and acknowledged before me the execution of same. ~
~ Witness my fiand nd official seal in the county and state named above this
~day of ~ , 19
r +~EGUR0E0 "
R~'- ou~~Y F~~~ ~
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