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HomeMy WebLinkAbout0885 r l ' ' . ~ ~ . ~ . . • . ADDITIONAL TERMS AND CONDI'fIONS ~n.1 the said mort~a{on do heteby promise, corensot sod ssrce to pay to the said mort6stee. ibt isld suau ot muney snd interrst u mentioned in and rrprrsented br ssid ptomissotY aote. or any eztensioos or reaewals thereut. illd iCCYti1~ ~O bQ ~ aa atoresaid. aod also to cury out a~d perfo~m esch ,r~d every othet covenatst and aptement hertln set forth, and do Momise, cnrrnant and aaree to yay +11 taxea and assessments of ercry kinJ and chuactet Ie.~rd or assessed oo ssid ~w~nr. aad evety Patt thercot, betore lhe ssme become deliayue~t (aad ako upon this mort~c aa~he moneys secured here- h> to the extent heteinaftet set iorth), and not to permit the said ptoperty ot sny pul lhereof, to be wld oo account ot non- ment ot taxa or asuss- mrnts of any kind; snd top~ omptly pay all insurance premiums that msY due upoo insurance poGcia issued upon bwldinjs or otdtr improve- ~nents on said premises durina the conHnuance hereoi; and to pay all casts, char6es aud ezpensa in cotlect~ng the moneys hereby secured or ia rnforaaa ~:r protectin6 the rights and intetests of the said mortgsaee hersin, ot secured heteby. mclud~n~ reasonable sitorneys' fea and comm~ons. whether rnl- le~ted by fo~eclosure or otherwise. It is tu~ther corenaated and atreed that, ii default s~all be made in tAe payment of said sums of money, or anypu t thereof, u specitied in or represented t~~ said note or any ettension o? renewa6 thaeot, or it the interest tdat mfy become due tAereon, ot any pa+t lhnrof, shall be behlnd aad nnpaid fot the .~ace ot ten days, or if default shall be made in the payment of ta:a or usessments ot any kind or character, as hrreinabove set forth, insurence pro- miums, or any sums of money at ptovided herein, or it there shall be a breach or violstion ot, or default in, any of the corenants or asreements hrrein con- iained on tAe put ot the mort~ors, then it shall be optional with ide mort6s~ee to considu al~ the unps~d ootes, or the principsl sum Aaebr secured :,nil rcfntining unpaid, and accrued interat Ihercon, as immediately due and paY~ble, and said mat6asee shs~~ hsre the riaht to ~nsutute proceedL~bs to rnforce tde rnllection ot aU sums due heteueder. o~ to toreckne the tien of lhis mort`a~e by reason ot such breach oc violatioa hereof, or detaalt herein h> the mott~a{ors: PROVID~D, HOWEVER, that upo n sny such default and the accelerat~o~ of tAe remsinins uppsid principal sum, only tde.amornt of ac~usl casA ~n~tiafl~~ advsnced kss paymeots msde thereon snd intaest accrued snd applied in the amount of the ma:imum mtcrest rate permitted by Ftorida l.aw to the date of the fup payme~t ot thz same shall be rccovenble. 1~ ;s agreed that the said mortaa`e~e,msy paY ~oy sums ot moneY that should hsve been paid by the mortga6ots, nader tt~e corenants hereia contaiaed. an~ all such moneys so paid stuU bex intaest at ih~ tate of tea per ctnt pet annum from dste w psid, and shall be ucured Dy the lien of this mort6aEe: hut nopa yment by the mortgagee o( any sum oi money as herein prorided shall be deemed a waiver of its ri6ht to declare the principal sum due by reason ~~f the def~ult, breach, or violatiou of the mo~tpsbn, as heni~ spcc~fied. ~hould foreelosurc proceediaes be instituled hereunder on aecount of any brqch ot violation of the covenants her ~nt d Lo tsket ,~tsvun of and mso rtu.rtga`ee, sbail Aave tt~e ri`Rt, without notict to lhe mort~ors, to make apPGcation tor and to have a receiver appo P ~gr and control the mo~t~ed WoPerty PMding totetlosurc ~+roceedin~s, tor the purpose of rentin6, preurv~n6. or protect~es tAe same and app1Y~B ~h~ nr[ ~ncome thetefrop~ to the preservation and protection of the mortga6ed propetty and to tht paYmrnt ot the mortga`e indebtedness in such manner u thr court may direcL ' - - ~ . T hr term "Mort~a6ori° hercin shatl be construed to relate to the sin6ular wherever spprupriste and to include the words "hnn• k6~~ ~eP~eunlatives and ' assigns" of the Mort6a6on w~Aenerer and wherever the context w admits or reyuires: and Ihe terms "Mort6a6ee" shall likew•ite be cunstrued to include the vror~ "succesw~s and~ani~ns" wheneve? ~nd wherever the eonte:t w~dmits or rcquira. i ~ [ ~ ~ ~ REZIIRN 'P0: Citicorp Person to Person Financial Center ~ P.O.Box 1553 ~ Orlando, Florida 32802 ~ ~ . ~ ~ f ~ M ~ ~9~9 J!f'~ 8 A~i ~ I k ~ fItEL~ ANC FEC~e~ D s RO R P01?R:~~A ~ CLERf: CIRCUIt C i i~iCC~G'.trr; ':LP ~ - r~ ' :p; ~ ~ : ~ s ~ ~ ~ ~ - ~ I ~ I ~ ~ Gk ~ tv~:r 0 ~zf (j.f ~ a`.~~ r