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Home My WebLink About0810 . r~.~ . ^ / MORTGAGEE: MOItT~iAQE DEED ~~„g~~~ av~o 1~~t~tc~ s~vrcFs . z~oz s ~L ~nr. 6530 20 N114~ rus• . - FT._p_I~, ~~1~5~_ Oox Ohn N , Fbrida That3T11oct~or~ henby pants. ba~ains, asai~ns, and ooaveys unto Mort~oe. the foUowie~ doscribed ral estate in the County of _ I,iK; , . State of Fbrida. to wit: LOT ?47 ~ S~iATON PLAZA~ DI~RT FOUR; RSPI.AT~ACCORDING TO TSS PLAT ?~ftSOF A.S R~COR~ED IN PLllT B00lC 16~ PAGS 18 OF T~ pUBLIC R$CORU6 QP' ST. IACI$ COUNTIC~ FLORI~A. . . ~ _ , aw _ , s r • `~oa~- . - . . . . . . . . . . ~ . . . . . . . . . . . . . . . . ~ 14eriwa • ' ~ `f ~ . od. on ca,. ~,,,~e~. "~,;'nn"~'~ °rT,~,. ~+t ro Chepyr 71, tg~ ~as a 1~M• ~ a.~ cra~r, co~~, ~ ~ogether with all buildinas and improvements now or heceafter erccted thereon and all scrcrns, shades, storm suh and blinds, and heatinE, liahtina, plumbina. 1:,,. ekcttic, rentilating, trfrigerating and air-conditionina equipment used in connection therewith, all of which, [ot the purpose of this mott6aae, sha11 be ,ieemed 6xtures and wb~ect to the lien hereo(, and the hereditaments and appurtenances pertainitg to the property above described, all of which is reierred to hercinafter u the "premixs". - lU HAVE AND TO HOLD said larnl and premises, with all the rights. Qrivilegcs znd appurtenances thereto belongi~g, unto mortgaEee and his hein, executors, adm~nislratots, wccessors and assigns. forcner. 5tortgagor also astigns to Afortga~ec aU rents, iswcs and profits of .uid premises, rescrving the ri6ht to coUect and use the same, with or without takinE ~ossession of the pr~mises. durin~t continuance o[ default hereunder, and during continuance of wrh default wthorizina Mortg~gee to enter upon said premises ~nd!or colkct and enforce the same without rcgard to adequacy ot any security for ihe indebtedness hercby securod by any lawful means inctudin6 pointment of a receirer in the name of any puty hereto, and to apply the same kss costs and expenm o[ opention and collection, includina reuonabk atwrrxy's fees, upon my indebtrdness secured hercby, in wch order as Mortgagee may determine. - IOR THE PURPOSE OF SECURING: (1) Performance of each agreement of Mortgagor contained herein; (2) Payment of the principal sum of S with interat, u ptovided in accordance with the terms and ptorisions of a Promissory Note/Loan Agresment (hereinafter rcfetted to u "Promitsory Note'~ dacod (~~~.~~'f$ , matnrity date [~~1~, and payabk to Mortgagx, to witich Promissory Note referance is hereby mad~ (3) qyment o[ any money that may be advanoed by the bJortgaaee to Mortpgor for any rason or to th"vd puties where the amounb ue advanced to protect the socurity or in aooordanoe with the covenants of thit Mortgag~ ~ll payments tnade by Mort~or on the obligption ~ecured by this Mortgage shall be applied in the followi~ order: FIRST: To the payment of taxes and assessments that may be kvied and assessed a~aainst said premixs, insurance premiums, npairs, and all oiher cha~es {nd erpenses agesd to be paid by the Mortsaaor. SECOND: To the psyment of interest due on said loan. THIRD: To the payment of principal. iO PROTECi THE SECURITY NEREOF, MORTGAGOR COVENANTS AND AGREES: (I)To krep said premisrs inwred agamst fire and such other .::~ualties as the Mortga6ee may specify, up to the full value of aU improvzments for the protection of Mortgagee in wch masner, in wch amounts. arxf in wch :~~mpanies ss 111ortgagee may from time to time appwve, xnd to kecp the policies thercfor, Qropcrty endorsed, on deposrt with NortgaEtce. and that bss pruceeds (kss expenses. of cotkction) shall. at Mortga~ee's optan, be applied on said indebtedness, whether due or not or to the rrstoration of sa~d improvements. In event of bss Mortgsgor will give immed'ute notice by mai) to the Mortgaaee who_ may make proo( of bu if not made promptly by '+tortga6or, and .ach insuranee company concerned is hereby authorized and directed to make payment for such loss directly to Nortgsgee instead of ~tortgagor. (2)'i'o pay all taxes and special assessments oC any kind that have been or may be kried or assesse~ upon said premises, or any put thorcoL (3) In the event of defsult by Mortgagor under Pua~,?raphs 1 or 2 above, MortgaEee, at its optan (whether ekctina to declare the whok indebtedness securcd hemby .Suc and colkctibk or noy, may (a) efYect the inwrana above pmvided for and pay ihe teasonabk premiums and chu~es thercior, (b) pay all said taxes and ~:xssments without determinir~ tM validity thereof, and fc) pay such liens and all such disbursements shall be dcemed a part of the indebtedness secured by this Mortga6e and shaU be immediately due and payabk by Mort6agot to ~lortgaaee. To keep the buildinas and other improrements now on c~reatter ; rected in Eood condiuon and repair, not to commit or wffer any wute or any use of said pnmises contnry to rcstriction or record or contnry to laws, •~rdinances ot teEulations of proper pu6tic authority, and to permit Mort6a6ee to ente~ at all rcasonabk times (or the purpose of inspcetin6 the ptemises, not tu remore or demolish any buildin6 thercon: to compkte v?ithin One Hundred EiEhty (180? Days or rcstorc promptly and in a aood and w•orkmanlike manner ~~y buildin6 which may be constiucted, damaaed or destroyed theteon and to pay, when duc, all claims for labor petformed and material furnishtd thercfor. ~ 5 i That the time of payment of the indebtedness hereby xcured, or o[ any portion thereof, may be extended or renewYd and any portions of the premises hrr~in descrittrd may. vnthout notioe. be rcleased itom the lien hereof, witiaut rckasina or a(kctina the personal liabitity of any person or corpotation for the pay ment of uid indebtedness ot the lien oC this insttument upon the rcmainder of said premises for the full amounl of said indebtedness then rertuinina ~npaid~ and no chanse in the ownership of said premists shatl rekase, ceduce or otherwise alYect any wch penonal liatiility on the lien hereby created. 16) That he is seized of the pnmises in [ee simpk and hu aood and lawful right to conrey the same; and that he does hereby forever wamnt and will fotever defend lhe tilk and posxssion theao[ asainst the lawful claims of any and all pEnons whatsoever. 800~:~G~ PAGf . ~ Of-0~75 (R[V 7-~~j FL ~ - ~ ~I' ' ~Y - -~-~-•v--~+~.a:_~ > . _ _ t_~,~^=~' i : ~ w -sr. _ . ~~y