HomeMy WebLinkAbout0374 MORTGAG~E: ~ / •
MORTGA~iE DEED 43'735~,..: ~:~,,::Gy.~z
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I ty~S ~?r~igor hrrrby ~ranu, baraains, aitigns, and conveys unto ylc•rtgasea, thr foUowu~ dis~ribed rcal estate ~n the ('ouoty of
F , S~ate of t'lorida, to v?~t:
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~us On Clsss "C' Intan~bN Pwso~N PropK1Y. '
i?ursuaM To CRrp~c~r 71.134. Ibls Of 1871. -
~ RO~R POITRAS ~
- Cie•: Ciratit Coun. St. i.ueM. Oo.. Fh.~ ~
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~ n~;~•th~r w~ih all buiWings and ~mprovrrrknts nuw~or hercafter rrectcd thereon and all screens, shades, storm sash and 66nds, and heatin6. li6hting, plumbina,
' ~k~tric, ventilatin~, refri~enting and au-~ondition~ng eyuipmrnt uu:d in cunnection therew•ith, all of which. fw the purpose of this mortgaEe, stull be
; i, ~ mrd fi~wres ami subject to the lien hercof, and the hercditaments arKi appurtenances pertaining to the propetty above descn'bed, all of which is refetred to
~ h, rr~naftcr as the "prcmiks".
; IO H•~~'E AtiD TO HOLD said land and prcmisrs. with aU thr nghb. priv~kge. ~nd appurtenanres thcrcto belongirqt, unto mortgaEee and his heirs. executon.
i ,;lrmnistraturs. successon and asxiitns. forever.
$ ~1~~fIY3~TUf akw ass~gns to ~lorigagre all rents. iswrs and prufits of sad ptemues, rcsetving the right to colkct and use the sune, w'ith or without taking
~ •,,~x,c~on of the prrmises. during cont~nuance of drfault hercunder, and dunng continuance of sucfi defaull author~zi~ Mortga6ee to enter upon said premises
Y ~n.f ~~r ~ollect and rnfot~r the same Miihout regud to adeywcy of any security for the indebtedrrcss hereby secured by any lawful means including
:;~,:~»ntment of a rerewer in the name of any puty hereto, and to apply the sune kss costs and expenses of openiion and colkction. includi~ rcuonable
,n~~rnry'. fres, upon any ~ndrbt~dness xcured hercby, ~n wch ordrr a. Nurtgapeee may determine.
~ I c~R THE PURPOSE OF SECURING: (1) Performance of each agreement of UortRagot contained herein: (2) PaYment of the principal sum of
~ ~ l•!`` with intercst thereon, as provided in accordance with the terms and provisions of a Promissory Note/Loan Agr«ment Ihereinafter referred to
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'~Pr~xnissory Note') dated ~ - , having a maturity date of - , and payabk to Mortpgee; (3)The
~ ment of any money that may be advanced by the Mortgagee to Nortgagor or to thitd puties where tht unounts are advanced to protect the ~cunry or in
~ ~ ordanoe with the coremnts oi this Morigage_
¢ payments made by Mort6agor on the obliption secured by this ~lortgage shall be applied in the folbwin6 order:
~ I! RST: To the payrteent of taxes and assessments that map tx: levled and assessed against said premises, insurance premiums, ~epain, and aU other charges
~n;i cxpenses agrced to be paid by the Mortgagot.
~ SI.COND: To the payment of mterest due on said loin.
= iHIRD: To the payment of prir~cipal.
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s~ 1u PROTE('f TNF. SFCURITY NE:RE01=, NORTGAGOR COYENA!~tTS AI`D AGRFFS: 11)To keap said premure mwrcd ~a~ro1 Pirr and wch othrr
~ l.u:,lties as the ~tortgaEee may specify, up to tht full ralue of all ~mproremenb fur the protecuon of Alortgagre tn wrh mannet. m such amounl.. n~xl ~n wrh
~ ,~mpanies u lNott~aget may from time to time approvc, and to keep the polK~es thrrefor, propedy endorsrd. un depcrstt w~th Nortgager. ~nd that lo~s
~ prv~reds (ku rxpenses of colkctan) shall, at Mortgagee's option, be applied on said in6ebtedness, w~hether due or not or to thc rr~toration ot said
irnprovements_ In event of bu Mortgagor wi0 give immedute noGa by mail lo the Nort~ce who may make proof oi losc if not made ptomplly by
y ~I~~rteagor, and .arh inwrance rompany concemed is hercby wthorized and directed to make paymeM fur wrh los~ dirccdy tu Nortgager instrxl ot
~ `.i~~rteagor. (2) To pa~~ all taxes atHi special usessments of any kind that have been or may be kvied or asxssrd upon sa~d prem~sts. or any put thereoC 13) In _ ;
r.< <•vent of default by Mortgagor undet Pua~uaph~ 1 ur 2 above, Mottgagee, at its option (whether ekcting to declue the whok indebtedness secuted heteby ~
~ ;~nd collectibk or not), may (a)effect the inwnn~Y above provided for and pay the reasonabk prrm~ums and charEes therelor. (61 pap ~Il sa~d tatie. and
1~.e.;rrxnls w~thout drtermining the vaGd~ry thereof, xnd Irl pay wrh Ircns and all such disbursemrnts shall be dermrd a part of the mdebt~Jnes~ serured by t
~ Mort~tage and shall be immtd~ately due and pa)abk by ~lortgagor tu NortEa~ec. 14) To kerp the build~n~ts and othet improvrments now or hereaftct t~
re:ted in good condition and repair, not to commit or wffer ~any waste or any use of said prcmixs contnq~ to restricnon or rccord ot contary• to laws. +
~ ~rdinances or regulalions of proper pubGc authority, and to permil ~tottgagee to entet ai all rtaso~aAk times for the purpose of inspecung the prem~se+, not
~:cmore or demotish an~• building tFxreon; to compl~tr within One Hundred Eighty (1801 Days or restore promptly and ~n a good ~nd workmanl~ke manner :
.~s building w•hich may be constructed, a~ma~eed or destro}~ed thereon and to pay~. Mhrn due, all claim+ for I~bot petformed and matznal turn~ched thercfor. ;
~ ~ i That the time of payment of ihe ~ndebtedness hercby ucured, ot ot any potUon thercof, may be etten~ed or rcnrwed and any potUons of the prem~xc ;
~ n~n described rtuy, without noUce, be rekasrd from the lien hereof. without rckasmg or affechnE the perwnal hab~bty~ of any~ person or rorpor~uon fot the t
~ ; 1: ment of said indebtedness or the I~en of this instrument upon the remainder of .a~d premise? for thc full amount of said indrbtrdness then rema~nin6
~^pa~d, and no rhanRe in the ownership uf said ptemisrs shall rekasr, reduce or otherwisr affect any su~h ~rwnal IiabiHty on the lien hereby ~realyd. i6f ;i
~ 1 h.,t he ~s seizrd of the prem~~es ~n fre simpk ~nd has gcwd and lawful r?ght to cunre~ the samr: and ihal tx Jor~ hrrcby forevet wurant and a~ll futevet
i~t~nd the titk and pusscu~un lhereof aga~nsl the lawful claims of any_ and all perwns whatwrver.
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