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'ih~ total amount of indebtedness secured by this Mortgage shall not exceed S~y,o
Mortgagor fully warrants the 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 1
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 foreclose, and such payments, wlth 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 agt~eements in that note or this Mortgage, in- ~
cluaing 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. To permit no assumption of this Mortgage without the prior written con- f ~
sent of Mortgagee.
6. If any payment provided for in that note is not paid within 30 days after
it ~ecomes due, or if any agreement in this mortgage other than the agreement to make
il 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 ma~ner 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 ~nortgaged property are also hereby mort-
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
~ usury laws, and it is agreed that any contract for interest secured hereby shall be
, subject to reduction to the lawful amount.
~ IN WITNESS WNEREOF, the Mortgagor has hereunto set his hand and seal the day
~nd year first above written.
~ "
~ Signed, Sealed and Delivered _
~ in the Presgnce of: •
"
~ -
~ ~i'`"°`.' / G,c'`.~-- L ~ 'L-~ `Z`- '
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~ / / ~)~-'f'~ --Z c;~~~..i ~~i ~ ~
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, As W~tnes es to t e Mortgagors
i ~Cf' eF ~,~~~a '
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z COUNTY OF SS
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( I hereby certify that on this date, before me, a Notary Public duly authorized
i in the State and County named above, to take aknowledgements, personally a peared
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J , - 4x E ow ~ - ~ !-e~.~ L( • (.(J v z: G~ r ~w . u~ . f
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to me known to be the person or persons descr~bed as Mortgagor ~n and who executed t e
foregoing mortgage and acknowledged before me the execution of same.
Witness my h~ and official seal in the county nd state named above this
i li day of ~if~'nl. , 19~.
, ' `7 r i - - ~T
- My : Gotamti sS~a-: ~ipi res :
. . ,
, .
• (NOTARY SEAL ` ' 4 ~ y
~ ' ~ Notary c
i . fl COROEO
~Thi; ~nSt+~u+~ht. prepared by: sT. UCIE COU TY FLA. l
~ i , ' - = • ~ ~ NlEIL W. MAC MI LIAN - ROCER POtTRA3 - ~
A~~ C R RECORD YERRF EO COURT
r. o. eox iss . e~~iK 2~c PACE scJ'~
~ ~Sn~en Bsach, Fla. 33467
JA+~ 28 II o3 aH'11