HomeMy WebLinkAbout2569 MORTGAGE DEED 4~68'7S soo na~tt>aai~al 9.r.?to.a _
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I h.,t Mort ~ hr rbY Krants, bagtuna, as.ytns, and ronvey. unto Ma•rtgagrr, the following described real estate in the ('aunty of
ONp ,State of Flurda, to wit:
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Pur~ubnt To Chapter 71. 134„ Ads Of 171.
ROGETi PORIIAQ
Cleric Circtm Court. SL L~ttd~f Cam. Rs.
t,~p:rthcr with all buiWmgs and improvements now ur hereafter erected thereon end all screens, shades, storm soh and blinds, and heating. lightir[g. plumbing.
j ~,i.. ckrtrir. ventilating, rcfrlgrrating :aid air-:undltiuning eyrnpmrnt acrd in aYmnrction thercw•ith, all of which, for the purpose of this mortgage, shall tx
.1~:mrd futures and sub)rct to the lien hrrrof. and the hrrcditamrntc and appurtrnanrrs pertaining to the property above described, all of which is referred to
hrrrmaftrr a~ t11e "premix:'.
Ill H•~~'k• AND TO HOLb saW land and premises. with alt the rights. privileges anJ appurtenances thereto belonging, unto mortgagee and his heirs. executors.
eJrnrnntratun, wccrswrs and assigns. forever.
~t~.~rtgagur also assigns to Mortgagee all rents. iswes and pw5ts of said premises. reserving the right to collect and use the same, with or without taking
I h~~,xcsiun of the premixs. during runtinuance of default hercuridrr, and during cuntinuancr of wch default authorizing Mortgagee to enter upon said premises
~ end ur collect aced enforce the same without rrgud to adryuacy of any security for the indebtedness hereby secured by any lawful means including
~ a~prantment of a xceiver in the name of any poly hereto, and to apply the same less costs and expenxs of operation and collection, ir[clirding reasonable
su~~rrxy's Errs. upon an} indebtedness secured hereby. in wch order as Mortgagee may determine.
UR T E PURlOSE OF SECURING: j1? Performulce of each agreement of Mortgagor contained herein: 12) Payment of the principal wm of
c with interest, ac provided in accordance with the terms and provisions of a Promissory Note/Loan Agrcement (hereinafter referred to as
Promissory Note') dated ,maturity date and payable to Mortgagee, to which Promissory Note
reference is hereby made: (3)The payment of any additional w.m.~~seaM~nd interest thereon that maybe lent by Mortgagee to Mortgagor except that the maximum
rrn~ipal amount secured by the Mortgage shall not excced f--~w~ : (4) The payment of any money that may tx advanced by the Mortgagee to
~L~rtgagor for any reason or to third parties where the amounts tie advanced to protect the security or in accordance with the covenants of this Mortgage.
~!I payments made by Mortgagor on the obligation secured by this Mortgage shall tx applied in the following order:
FIRST: To the payment of taxes and assessments that may be levied and assessed against said premises, insurance premiums, repairs, and all other charges
snd txpcnses agreed to be paid by the Mortgagor.
SE('ON9: To the payment of interest due on said loan.
THIRD: To the payment of principal.
;t; PROit("1 THt SECURITY HtRF.OF, MORTGAGOR ('OYI_tiANTS ANb AGREh.S: 111 To keep said premixs mwrrd :Igainst her end cu:h other
~ ~.ualtiea as the Mortgagee may specify, up to the full value of all improvements fur the protection of Mortgagee m such manner. in wch amount.. anJ m wch
unpanies as NurttCagre may from time to time approve, and to krrp the policies therefor. properly endorsed. tin deposit wuh \lurtgager. and that loc.
pm~eeds (less expenses of uoUectiun) shall. at Mortgagee's option, be applied on saW irrdebtrdnrss. whether due ur nut ur to the restoration of card
s miprnvrmrnts. In event of loss Mortgagor will give immedute notiaY by mail to the Mortgagee who may make proof of lose if not made promptly M
~t~xtgagor. and .ash inwranar company cuncilped is hereby a4ihorized and Juected to make payment fur wch !mc directly to ~torrgagee instead of
~ ~l~~rt~agor. 121 Tu pay all taxes and specta~ assrsm?ents of any kind that have been or may tx levied or assrsxd upon said premixs. or any part (hrrrof i In
( the event of default by Mortgagor under Puagtaphs 1 tit 2 above.,Mortg~gee, at its option (whether electing to declare the whole indebtednes xcurcd hrrcM ~
and collectible or not). may la) effect the insurance above provided for and pay the reawnable premium+ and charges therefor: Ib? pa} all wid taxes and
~k•+cments without determining the validity thrteot, and Icl pay w:h liens and all wch dicburxments ,hall be deemed a part. of the mdrhtrdnrec xcurrd by
t t,i. ~lortgagr and .hall br immediate)}• due and payable by Mortgagor .fu Mortgagee. 141 To krrp the building. and other impwvementc nosa ur hereafter
~r;trd in glxxt condition and repair, not to summit or wffet any waste or an)' use of said premix. contrary tr. restriction ur record ur contrary to law c. _
~lmances or rrgutationc of proper public authority, and to permit ~lurlgagrr to enter at all rracunaMr hme, fur the purpux of inepr:ung the premixs. met
remove ur demoheh any huilding thereon: to complete within Onr Hundred right} I lti(11 bays ur restore prumptl} and m a gcnN1 end ccurkmanhkr manner
building which may ter comtructed. damaged or destroyed thereon and to pay, whin due, all claim. fur Iatxlr performed end matrnat furnished therefor.
ihat the time u! payment of the mdrbtedness hereby secured, or of any poruun iherrot. may he extended ur renewed and an} puruans of the premix.
in ifexribed ma}, without nutiir, ter released from the lieQ hereof. without releasing ur affecting Ihr perwnal haMlity of an} person ur curpurauun tar the
merit of said indrhtrdnrss ur the lien of this instrument upon the remainder of wid premixs Gar the full amount of said indrhtrdnru then rcmairong }
..aid, and no change in tfia• i~wnership of said premixs shall release. reduce ur uthrtwix affect am such perWmal liahiht} on the lien hereby .crated. Ir.i
et Fn is xved of the prer ;sec m frr simple and has good snd lawful right to convey the same: and that h. d~k•c hercM foresee warrant and csdl farcsrr
.tend the title and passessic thereof against the lawful claims of any and all persons whatvxyrr.
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09-0473 (REV. r/71) ~4G1~~ p~PC/
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