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Home My WebLink About0575 . ~ ~ -.:(;,r'• ~ ~ • ~ :q~~~l>• su~~h n•nts, ~.,u~•r :in~) ~?n~t~la n•c~•~crc1 I~v ~t un Ih~• ~nd.•Irlydu~•~ r.ei•unrl ~h~,reby ~ih aui•h ortler a Aturj~K~••• d~•t~•r- tnin~w 'l~h~• right tu ~~ut~•r :~nd t~~k~ ~xr.w:~iun ul Ih~• A1urtKati~v1 Yru~K•rly, tu m:~naK~• :~nd u{x•ral~• the v~~ni~, :uu) to ~ ~ill~v1 Ihi• mntx, ~s.vur~c :~nd prolita Ih~•~~~i(, whethNr by ~i m~•~•~vr~ or uthrrw~s~+. shnll 1~• ~•umul:di~•~• tu :~ny uth~•r riKht u~ mm~•dy h~ mun~le~ ur at(urd~~i hy luw, ;~nd nu~y IM exNn•~~c~l i•on~~urn•Miy thrrew~th or indr~xmd~•ntly thrn~,L r1ortR:~~;~y sh~~ll lir li:~ble to ai•count oniy tor au~•h n•nts, iavu~w und p~o(ite .~rtu:dly rcK•riv~Kl hy Alorigagee. 14. It the indebtc~lneaa ~vnd h~•mby iu naw ur h~•rt•att~r (urthi•r ?:erumd 1?y i•h:~U~•1 ~nurtg:~Kes, ruY•unty inten~ta, tin:~m•inK g1:N~•mi•nts, p1~~1Kex, ~•ontr.a•ta of g~r.~r.~nly. :~xsigom~•Als uf li.ux•s, or othe~ sir•uriU~a, or i( the Mo~tgugecl Pn?- ~ ~H~rly h~•nby ~~n~•umlxrcvl i•unwixta ut ~norn thun ~,ne ~u~rri•) ot n;~l pn,~x~~ty, Morlgagee nury ul its upliun rxhuubt nny unr or more ot suid r~vriiicx i~nd aecurity herru~ide~, ur su~•h ~?:~~i~ls of !he ac~•urity herrunder, rilhNr ~•uni~u~n•nNy or indr- ~xndenUy, ~nd in aui•h ordcr :~a it muy dctrrminc. lf,. This IlturtRage xh.dl w~•um not unly ~~xixting indebtc~ln~•sa, bul alt~o yui•h future ad~•a~n~•~•x, whefher su~•h adranci~ am obligutury or to IK• madr :~l Ihr u~?tion nf Atort~;:~g~ti•, ur olherwi:~e, f~s :~rn made within tw~enty (20) Ye:?rx trom the d:~l~r h~•nwt, to the ~:~me rxtent :~a if sui•h (utu~e ud~•am•rx vr~cre n~ade on thc d:ite ot th~• ex~cution ot this A1orIR:~K~•, but Hu~~h scr•unYl ind~•bte~ln~•ss +hall nut ~~x~•rirl :~t uny lime the maximum p~inci~u~l um~~unt o( ~ N/A ~~lux ~nferest, and any dirbur~•nu•ntx n~ad~~ fur th~• {x~yment ul t:~x~•e, I~~vi~w, ur inxur.in~~~~. un the M~,rtgaK~K! I'ro~xHy. Nith uitemst on xuch disbu~menls. Any su~•h tutum adv:~n~•~•v, whrth~•r obliKatory ur (o Ix• ma~le ;~1 Ihi• c?~~tion ot thr AtottK:~Ki~•. or olhi•rw~u•, m:~y IK~ mad~• either priur to ur :~(l~•r Ihe duc~ d:~te o( th~• Note ur :~ny othc•~ nutrs ,avured by this A1ort~;:~K~~. '1'hiy 111ortKa~Ke is gir.•n tor lhr s{x•~•ili~• ~iur~~r.:c: of ~te~•urinK :~ny :~n~! all iuclebti~ines.4 I~y the Alortg.~Xur 1~~ MorIKaK~v Ihut ~n no ~•v~•nl tih:Jl th~• ~nY•unri ind~•bt~tiln~•a~ ex~~~vv1 at :u~Y lim~~ the maximum princi~wl umount art forth in this ~s~r.~Kr.~~~hl ~n whatevi~r m:mner this ind~•ld~Kln~:~~ m:ry IK• ~~~~~deni•ed or repn~w•nt~~ci, unli) this ]11~rtguge is sc:~ti;~i~ o! rc~•ord. All iYncrc- ::::ia :':::r.e~ in thix AtorlK:iK~• sh:Jl IK• :~p~,lir:~blr Iu all furth~•r r~dv:~n~•eA m:~de by Mortg:~~;cY• t~~ ~turtKaKor undc~r th~r Iutum ad~:~n~r i•lau~•. Iti. Nu delay by Mortgagt~ in ~•xc•n•~sin~; aoy ri~;ht or mm~~cly ht•munder. ur otherw~iKe aflordecl by I.~H, shull o~?er:de . :~s a w:~i~•i•r thenr,f or pnvI~de th~~ exc•n•ise th~•~cy?f durinK Ihe ~~u~tiuuanc~• ot .u~y def~ult hrmunder. No w:~i~•~~r by ;11urtK:~Kiti-u! any ~lrf:~ul! sh:~ll ronstitute :i w:u~•~r of or ~•onxc•nl tu ~ul~uy~u~•~d de(:~ults. No f:~ilun• of Mortg:~Kcc• to ~~xrn•iw~ :~ny optiun hen~in Kivi•n lo :~rc~•1~•r.~te maturily of the de•bt hrmhy ex~i•unYl, no (ortxwr.~ni•~ by T1orIK:1~;PY IN•(um ur a(1~•r Ih~ ~•x~•n•i.i• u( su~•h optiun and nu withdr,~w:~l ur at?:~ndunnu•nt ~~f (r>nK•lo~urr pr«•itiYlinR by Mort~;aK~ti• shall IK~ tak~~n or ~•un- slru~vi as u w:~iv~r of its riKM to ex~•r~•ire suc•h option or to arml~r.~t~~ the m:~turity ~r ~h~ ~i~•ht ht•r~~hy ur'un•d bV re:~w~n ~~t :~ny ~~ast. pn•.~•nt or 1?dum d~•(:~ult on the~ p:~rt ~1ort~;:~~;ur. :~nd, in I~k~• tn:~nnrr, tht• prM•un•meM ot ~nsuran~•~• ur the ~kw- nu•nf of t:~z~•c ur i~lh~•r G~•ns ur ~•h:~rKi•a hy !11ort~;:~~;~r• rh:~ll nnt Iw• lakc~n us ~•unstru~Yl as ~~ai~~•r u( its ri{;hl lu ~•~•1~•r:il~• the n~aturitv ut th~~ d~•bl h~•r.•h~• ur•un~cl. 17. \Vithuut :~t(ri•tinK thi• li:ibility u( lllurt~.~~;.~r ur _~ny oth~~r ~x•ru~n 1~•x~•~•~~t_any ~x•rsun ~•xprrti.vly rel~•:~s.vl in wntin~;) tur ~r.~ym~~nt of :~na~ indi~bl~~dn~•cti ~cvuntil h~•rnby ur fur ~H~r(unnan~-e uf :iny ul~liK:Nion ~•onl:~in~~d h~•n•in, :uid .r~thuut aftcti•t- ~nK thf~ r~~hts ot ~1ort~:~x~r Hith riy~N•~•t to any s~•curity nut ~•xpressly n•Ieas~K! in writinK. 111ort~;ak~~• may, :~t :~ny tim~• and trom tinu• tn lime, ~•ith~•r IKdom or alter th~• malurity c?( :mid note, and withuut nutii•e or c•onstrnt: Ial Heli:ccw~ :~ny Ix'rsun li:~blr tor p:rymi~nt ~i( all or any ~r.~rt o( the inrli~bti~ln~~cs nr for ~H~rtorn~:~n~r n( :~ny uhliti:~I~un. Ibl Make am• :~Kri~~~~m•nl ~•xt~•ncLny~ th~• t~rn~• or ulh~•rwiu alt~•nnK thi~ t~•rn?s of ~?:iymerd of all or any ~r.~rt ul Ihe ~n~lebtcvlnes~, or m~~JiCyinK ur w:~i~in~; :~ny oLlikatiun. ur sulrirtlitiatinK, ~n~xlilyinK or othervviscr J~.~IinR ~~•ith th~~ I~~~n ~~r ~-ir,~r~;r h~•nr~f. . . 1~•1 F.xer~•i!~r or n~fr:~in from exi•rcisinR or wwi~~~ :~ny ri~hf MorIK:~~~y rr~y Fw~•c. r . Idl A~•~•ept :~dditiunal w•~vrily ~~f any kind. . - ~rl Itelc•:~u• ur utherHi,~• di~:d wilh :~ny pro~«•rty. rt•:~l ~,r ~~eru~n:il. sec•urin~ the ind~~biEYloes.g, in~•lad~nk all ar:~ny ~~:~rt ~~t tt.c ~1orfK:~Kec1 Pn?~x•rt~•. ltt. Any :~~;nKm~•nt h~•r~•:~tl~•r madc~ h~• A1~~r~K:~kur :~nri ~1ortK:~K~y• ~~unu:~nl lu this mnrtKnK~• sh:~ll fH~ .u~N~rinr to Ih~~ nKhtv u( fhe hol~lc•r uf :~ny intrn•rn~nK I~rn or rn~•umbran~•~•. 19. ;11or1K:~Rur herehv K:u~~i-s :~I) rikM of hum~st.~aJ ~•x~~~nplion, it :~ny. in th~• \furtK:~K~~.1 T'rujx•r1y. _ ; . j 'lll. In the ~~~~•nt ul iY?nd~•mn:~lion ~~rrN•iti~cl~nKs uf thr ?~1nrtK:~g~Y1 1'n,~mrty. th~~ :~w~:~rd ur ~•om~x•ns:~hun ~?:~y:~hl~• thrm- ~ under is ht•reby as~iKnfYi to artd tiha:! !w~ ~h~i~l to 1~1ortKaK~~~. 114or1RaKcti~ sh:~ll tx under no obfiK:ilion tu quiwtion the amount i ~d .iny sitch awHrd or ~•orn~xn~:~tion tind mny ac~ept lhc~ s:~me in the am~~unt in which the s:~me ahall 1?e p:~id. In :~ny su~•h ~~undc•mnation pru~•~~~d~nK,, ~lorlk:~kc~~ may t~ re~~re•~•nte•d hy ~•uui?~~I se•I~Y•ted by A'IortKaK~r. 7'h~~ pro~•i~cKis of :~ny award i or ~•omEx•nx:dion su n~•~i~•ec1 tihall. :~t th~• oplion nf :11ortRaµr, t•ith~~r IK~ :?ppliecl to the prepaym~~nt nf the Note :~nd :~t th~~ ! rat~~ o( int~•nwt pro~id~Yl Ihe•n•in. n•~;:~rdli•kc Ihr rale• uf int~•n•st ~r.~yable nn th~• aw•ard by the cundemning authority. or at ~ Ihc• uptinn o( ~1ortKaK~~~~. su~•h :~~:~rd .h:~ll iK~ p:~id u~•~~r t~~ l41urIR:~~;or lur re+lor:~tiun ~if thi• ;~t~?rtg:~K~r1 Pru~?c•rty. ~ 2) If ~1urtKaR~~c•. Eiunu:uit tu:~ rnnstru~•tinn lu:~n ay;nK~nurnt ur lu:~n ~•umm~tmen! m:~dc Iry 11ortKaK~r• ~+~ith ~1urf{;a{;or. :+krrt~s to make i•untitru.•t~un lu:~n :~d~•an~•~•, up fu ihe ~~rin~•i~r.il :~muunt uf th~• N~~tt•, Ihen hlurtKagnr hemby i•u~•enant~ that it Hill i•~~m~>ly w~th :~U o( thc• Ii•nns, ~~n~~~;~uns :u~d ~•~~~•~•n:~nts u( s:~id ~•unslru~•tion lo:~n :i~nr•ment or lu:iu ~-um~nitn~rnt, w•ill ~ d~lik~•ntly cunstn~ct the ~mpru~i•m~~nts to IN• hu~lt ~?unu:~nt tu tho t~•rn~s thercK,(, :~11 of the terms thrrtti~f whi~•h :~rr ~n- ~v~r~x~rateyi h~•r:•in I~y nd~•r~•n~•~• a. thuuKh w~t I~~rth (ully h~•min :u~d will ~x nnil n~~ deleults to cx•~~ur Ihen•und~•r :ind ~f a dc•- Lwlt sh:Jl ~~~~•ur the•n~und~•r. it sh:~ll ~•unstitW~• dr•t:~uit undt•r thiv ;~1urt{;aKe anil the I~'i~ti•- ~ Y'l. At th~~ n~,l~un ul ~tur1~;:~K~•~•, ~f~rrty;:~~;or tih:~ll pn~~id~• A1orlKaKe~~ ~vith ~?eri~xli~• ~•c~~~~~;~Yi :~~,~i~~~Yi ,tat~•m~~nts o( th~~ ~ (~nanrial ~•nndiliun ol ti1orIK:~Kor. ~ Y3. ~lurt~;:~Kor rr~~n:w•nts :~nd ~:ur.~nt~ that il a~-ur{Nir.~ti~~n, il is duly orK:~nizfKl and validly existinK, ~n K~NKI sland- ~ z in~; unrlt•r th~• laws nl the stat~• uf its ~n~•ur~N,ratinn. has st~~~•k outstandinR whi~•h has Ixrn duh• :~nd cafidly i~•u~•d, and K qu:~lilic~d tn d~~ I111SIfil•Yti :~nd is ~n Kn~xi ~t:uui~nx in th~ tit:~t~• ~~i Florida, avith (u!I ~r~wi•r :ind :~uthurily lo ~•unsurntn:~t~• th~• ~ In:ui ~•unlrm~~lal~•d h~•n•hy: :~n~l. if a ~r.~rtn~•r~hip, it i~ duh• f~~nniYl :~nd ~~a1i~11y ~~xi~tinK, and iti fully yu:ilifi~•d tn ~1~, f~u.inc•~s in the• tit:d~~ ~~t Flnrida: Kith tull ~ww~•r :~nd :~uth~~rity tu ~•onsurnmatt~ Ih~• loan ~•uMi•mplalcYt hernby. ~ - ''4. In thi• ~•.i•nt :+ny un~• ur mur~• ul th~• ~~ru~h~un. ~•onlnined in thiti Atortku~e• or ~n Ih~• Note shall fur :~nv r~•asun . fh• I~~•Id t.~ IN~ im:ilid. ill~•I;al or unrnfun•~•al~l~• ~n :~ny r~•s~K~~~l. .ru~•h im:Ji~l~tti'. ~I1~•~;:~lity ur unon(or~~e:tblity xh:~ll, c~t th~~ u~~ti~rn ~d th~• ~~nrl~;:~kw~, not all~•~•t :~m• ~Ihe•r pro~~i.i~,n. nl fhis 11ori~a~;~~, hut thic ~1urlRaKe ~hall IK• ~onstrui~d :~s if cu~•h t im:~lid, ill~•~;al nr un~•nton~~:ihl~• ~~rn~i~i~~n hnd r~~•c~•r IK~~•n ~•untain~~d h~min nr th~•r~•in. 7'he tM:~l i~terest pay:+l~l~• ~~ursu:int ~ 3 tu th~• Nutt~ or Ihis ~1ort~;:~Kt• tih:~ll nr?1 in ;~ny ~~n~• }•~•:~r ~•xr~~~•~i Ihe• hi~;hi•rt I:~wful r:il~• ut int~~ri~st in the St:ite ~~f I~`Inricl:~ ~ Y:; '1'hi• ~ o~i•n:u~ts and :~~;n•~•nu•ut~ her~•u~ i•ont:un~Yl .h:~l) Ir~nd and thi• Iti•nefits and ad~:int:~~;~•s t~h:~ll inuri• lu the , a r~•.~h~~ ti~~~• he~irs. ex~~rvtnrv. :~dmini.tr.~lors, ~u~•~ ~•tis~~r~, :~n~l :e.,iKna of thi• ~,:ir1i.~: h~~reto. Vl'h~•mv~•r u,eYi, th~• tiiny;ul:~r ~ numlK•r ,h:dl in~•lud~• th~• plur.~l. th~• ~~lur.d th~• ~~n~;ul:~r. :~nd Ihe uw• o( :~ny y;~•nd~~r ~hall IK~ :~~i~di~:~bl~• tu :dl K~~nders. All ~ ~•~?v~•n:~nl., :~Kn•em~•nt~ :~ud undi~rtakin~;x vh:il) fK• jnint :~nd ~e•~rr:J In th~• r~~•nt :~ddition:~l numla•n~l i•~ni•tr.~nts rv parn- ' s;r.~phs an• (or ~~un:~•ni~~n~~c• inw~rti~d in this ;11nr1K:iK~•, su~•h :iddition:~l ~•~~~e•n:~ntc .hall 1~~ n:ul :~nd Ki~en c•ffe~•t a~ 1h~:uKh ~ (ullnw•~nK this ~•;~~•~~nant ~n ~•~~m~ruti~r nrdcr. u ~ ~ " -s~ u p ~ ~ a~~'z~ f,~f i ~ - - - - - - - - ~ . _ , ~ ,y c~~ ~ .~`~-y;>;=~~~---4~ * ~ ~,a ~ _ . 3 ~ _ ~