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HomeMy WebLinkAbout1660 / . 493 MOR1GA1;11•.~ MORTGAGE GEED ~„n„^~ p, ~p>.~ r_ea e£ ,•r r•~ 89307779 Hol],Yuood. -FI»~- -Inc.----- - j .a.u •,r.~ ~r..ui ~vavsi•s r~..r 2502 S~ F@deral ttl.rv~~ . ?{c~tillon Clifford C. Josephine i. t _ pj prce _ , Flt?r~da I het Mortgagor hereby grants, bargains, assgtns, and cunrrys unto Mortgages, Ihr fulbwligt drxtitxd real estate in the ('aunty of $t. LL1Qi@ ,State ul 1•lutda, to wit: i Lot 7 Sheraton Plaza Unit 1 Plat Book 14, Page 31, St. Loci@.County S i i ',lso KnoWrt for Street Numbering Purposes as: - i 113 Academy Drive r^t. Pierc@~ FL 33450 9 [ ~O w_ [ i p0 w[ ;s p0 w!_ l O ~w[ ) - - ~ > i ~ • - O . - 9L ~ O~ 4L p r 9 O 4 60, q av M'f l - ~ St \ f -s i ~ P :s' x ~ z.•~ _ a`~ORIO?. 4tOA~Or ~-~ON10r =~QR,Qr ~(OR10[ h,.~~ c. ~ : i ~ = - 1 i • - - - - i Received t ' ~ In Paynrsrtt OI Tetce~ Due On Class "C" Intangible Personal Property, Pursuant To Chapter 71, 134. Acts Of 1871. ROGER POITRAS ,~j~ Cte[ti Circuit Court, St. facie. Co.r 's t~,grther with all building, and improvements now ar hereafter rrccteJ thereon and all .earns, shades, storm sash and blinds, and heating, lightirig, plumbing, ~lcaric, vrnUlating. refrigerating and air-canditioning eyuipment used in cannechon therewith. all of which, for the purpose-of this mortgage, shall be ~ j ,7~~nmJ fixtures and wb~ect to ttie lien hereof, aixl the hercditamrnh and appurtenances pertaining to the property above described, all of which is referred to hrrrmafter as Ihr "prcmis~'. ~ 1 tl H 1VE AtiD i0 HOLD ,aid land and premises. with all the right,, privileges and appurtenances thereto belonging, unto mortgagee and his heir, executon. eJ:nintsaaturs, wcoessors and assigm. forever. ~ ~t~~rtgagor also assigns to Mortgagee all rcntx. iswes anJ profits of said premises, reserving the right to collect and use the same, with or without taking p~•,x•sion of the premises. during cununwnr of default hereunder, and during continuance of wch default authorizing Mortgagee to enter upon said premises enJ ur collect and rnfottt the same without trgud to adequacy of any security for the indebtedness hereby sK-ured by any lawful mans including ~ ~pp,rtntment of a :r~rirrr in the name of any gory htrcto, and to apply the same less costs and expenses of operation and rnikction. including reasonable - s .iu~~rney', fens. upon any indebh-diirss secured hereby, m wch order u Mortgagee may determine. t (1R THE PURPOSE OF SECURING: 11) Performance of each agreement of Mortgagor contained herein; (2) Payment of the principal wm of S ~ ]„}1 36.55 with interest, as provided in accordance with the terms and grorisions of a Promissory Note~Loan Agrcement (hereinafter rckrrcd to as "Promissory Note"? dated~2~~~ ,maturity date oz'zagg and payable to Mortgagee, to which Promissory Note reference is hereby made; (3)The payment of any additional sums and interest thereon that may be lent by Mortgagee to Mortgagor except that the maximum pnn~ipal amount secured by the Mortgage shall not exceed f- - (4) The payment of any money that may be advanced by the Mortgagee to Mortgagor for any reason or to third parties where the amounts are advanced to protect the security or in accordance with the covenants of this Mortgage. 1!I payments made by Mortgagor on the obligation secured by this Mortgage shall be applied in the following order. - . FIRST: To the payment of taxes and assessrrlents that may be kvkd and assessed against said premises, inwrance premiums, repairs, and all other charges ,rid expenses agreed to be paid by the Mortgagor. Sf•.COND: To the payment of interest due on said ban. THIRD: To the payment of principal. - t O PR07t{(T THF: SE('llRITY HF REOF, MORTGAGOR ('OVk.`ANTS AND AGRF.t.S: f 11 To keep said prrmis, mwrcd again+t lire rnJ swh other ..a,uelUrs a the Mortgagee may specify, up to the full value of all improvrmrnts fur the protection of Mortgagee in wch manner. in wch rmuunh. anJ in wch _.~mpanies as Mortgagee may from time to time approve, and to keep the policies therefor, properly endorsed, un drpasit with Mortgagee. anJ that lo„ pn~.eeds Ikss expenses of collection) shall. al Mortgagee's option, be applied on said indebtedness, whether due or nut or to the rr,turatiun of vid E tn,prnvements. In Trent of bss Mortgagor will give immediate notice by mail to the Mortgagee who may make prUaf of los, if nut made promptly by ~I~~rtgagur, and ach inwrance company concerned is hereby authorized and directed to make payment for wch fuss directly to Mortgagee imteaJ of - ~!~~rtKagur. 12? Ta pay all taxes and special assessments of any kind that have been ar may be levied of assessed upon said premises. or any part thereof 11? In the event of default by Mortgagor under Puagraphs 1 ur 2 above, Mortgagee, at its option (whether rkctitgt to declue the whole indrbtudnes, secured hereby !ur and culkctible ur not), may lal effect the mwrance above provided for and pay the reasonable premiums and charge, therefor: Ibl day' all said texas aril ,,.r„mints without determining the validity thereof, and tcl pay wch liens and all such di,bursments shall br dermrd a part of the indebtedness s:urcd by s h~, ~lortgagr and ,hall be immediately due and payable by Mortgagor to Mortgagee. 14? To keep the buildings and utter improvements now or hrrrrftri t ~ ~r,trd in gaud condition and repair, nut to summit or wffer any wa,te or any us of wid premiss contrary to cr,triction ur rccorJ ur .untrary to law,. smancrs ur regulations of prayer public authority, end to permit- Mortgagee to enter at all reasonable Umrs for the purges of insprcung the premiss. nut rrrrxlve ur demuh\h any building thereon: to complete within One Hundred Eighty I I1i01 Day, or restore prumplly and in a gcxid and wurkmanhke manner bwldiiig which may be cunstructrd, damaged or destroyed thereon and to pay, when Jue, all :Trim, fur latxa prrfornnJ anJ material furmsMd therefor. 1 hat the ume .of payment of lhr indebtednes hereby secured, or of any portion thereof. may Ix e\tendeJ ur renewed anJ any Ixsrtions of Ihr prcmis, in described may. without notice, be released from the lien hereof, witlwut releasing u"r affecting tha• prrwnal luhility of an} pcrwn ur corpotauun for the merit of said irutehtednrss or the lien of this instrument upon the remainder of ,aid prrmis\ fns the full amount of wiJ indrhtrdnrss then remaining »id, and no change in tin ~•wnrr,hip of said premiss shall release, reduce or otherwise affect am +uch personal hsbiht~ on the lien hereby .rrateJ. Iai r •at fir i\ surd of rile prc~ :,c, m Err ,impk and has good and lawful right to convey Ihr ,aim: anJ that he Jix•s hereby forrsrt warrant anJ will forever tend file title and possrssir tZerrof against the lawful claim, of any and all pence. whatxmvrr. i ~ . b00KJVe~i PACE16~ flhstract & Title Corp. of Florida 09-0~7li (REV. t/7a) ~ - - - - T..,; . _ - i