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HomeMy WebLinkAbout1812 ~ - - - f- ~ ~ ~ •15. lI anr of the wsu oi moaep 6erein retetred b bs aot poompth and tuUr paid rith L~~i~a~e~ the wme se~eallr come due wd Wpabk. or il each aad ~vety Ibe ~tlPnlatbtN. aproemcnt~. oouditico~ ~nd oovaiaats o! aad pranis- ~oap note and this dced. a elt6er. ue aot dul~ perfo~med. oomplied rhh and abided br. tLe ~te wis meatbaed ia wid prnmLap note then re~ain~ aapaid. ~+ith iaterat ~oeeaed to that tL~e. and aU mooe?s iecured 6ereb~. ~Full becoms due md parabk ferthaith. or tLerafter. at the optioo oi aaid U[ort~ee. ~s 1nUr ~ad oompletel~ a~ it dl of the aaid anms ot monep w«e ori~iaaU~ stipulated to be paid oa ~ucL da~. wythias Lr said aote o~ ia t6i~ mortsa=e to the oontrap uotrithetaad- iaa: aed theoeupon or t6eceafter. at tbe optioa ot ~tid Mort~aee,- r?it6out notioe or demand. wit at law or ia eqntt~ aq be prua ecated a~ lt ~Il monc~n ~ewred hereb~ bad aatured prlor to ia inttitutioa. 16. Mortsaao~ ~rill e~ibit to Mort~a;ee .Rin~ reai~s. ea,b~;ah~a r~r~~nc ot anr wms reQo~d a be ~d ~nder ,nr apcrior nartsaae oc othc~ liea oblisatioo. ao later thaa C~re (Sl daJs prior w tbe timc that acoelaation of mch wperior mort`ase oc liea could be declared toT aoa-paymeat t6ereoL , 17. The abtract of titk corerins the encumbered peopertr sha1) belon6 to and remafn ia t6s poMe~eioa oi tbe Mort6a6ee duriaa the lia~ of thia Monaaga I8. That it is t6e intent 6veot to secure papment ot aaid aote and obligitiaa whether ibe e'titn amoont iball have been ad~anccd to t6e 1lfortsaaor at t6e date 6ereof. or at a later date, aad to aeeure aa~ other ~mount o~ amounb that ma~ be added to the mortpae indebtednas under t6e terws of this iastrumeat. The total awount of iude p 6ereb~ mq de. ece:se or inere~se irom time t~o timG but tbe total unpaid balance ~o aaund u u?r one tii~~~ll~~'~ped tbe priacipal ~nn ot = 702+0~•~~ , plns inteieet tLereoa and an~ disbursemenb made for tbe payment oi ta:ea, kvies or inwraece on tLe pmpat~ co~ered bT the liea of tLis mo~aae. with iutcre~t tbereoo: and this mortaa~e s6al) sccure - m~ and dl additiond or inither monie~ ~?6icl~ map be ad~anoed b~ Mort6ase,e to the Mort6asor after tbe date l~ereof. ~rhich fntaro ad~ances of mone~, if made, ~hall be erideaced b~ a note or aotes ea~xnted b~ t6e bo~tsa`or to t6e ~dort~ee bearins mc6 rate oI inteiest and wit6 wc6 matnritia as i6d1 be determin~d Iron eime co e~me, bu~ an~ aad all sneb fntnre ad~anca •ocared b~ thia mortaaae s6d1 ba made not mor+e t6an em (10) years aftu the da~s Lenof, Not6ins 6erein oontaioed ahdl be deeoed a~ablisatioa on t6e put oi tbe Mortsa6ee W make aar iutnre ad~~antts. _ . I9. ~at ia the erent the premises Lereb~ mortaaaed. or an~ pat tbereof, ahall be oondenned and ta~ea for public use under the Mrrer of emina~t domain. the 1liort~ee a6a11 6a~e the ri6ht to demand tlut all damasea arrarded.for ihe takins of - or damages to said premism a6d1 be paid to the Mortsaaee. its wcceerors ot assigns, ap b t6e amonnt thcn ~tnpaid on t6is mort6aae ap~ ma~ be apPlied aPoe the Palmmt ar pa7meats laat P+7abk t6exron. 2Q '!~e Mortgagor sball. withia fi~e (S) da~s fms writtea d~md b~ tbe Mortgaaee, ezecate iu ~c? fosm as ahall ~~i~ b~ e~ aio~~. en estoppel oertificate and vairec of ddenaa. dWj acl~wnled~cd. settins fseth tbe ~monnt oi - principal aad interest uapaid hereunder and the geaeral sutos oE aaid mortaa~e, and the failure of t6e Moc[~agor ts make and delirer said catoppd certificate and waiver of defen.~es withia ehe time doc+esaid ~all rnutitute a default aui a bisac~ of t6ia ~ mortgage aw1 shall entided t6e holder hereof to declare dl of t6e nnpaid priscipal balanoe immedidd~ dne and p~~abla 21. It is specifically agreed that time is of the eseenee of this coatract aod tiat no wairer of mp obli~tion 6ereunda or ' of the obli~ation secured herebg s6aU at uT tiac thereafter be 6eld to be a~rairer of t6e terms Lereoi ot of the iwtrument aecured herab~. 22. 3t is underotood and agreed that the Mortaaaee may at aar time, witboat notice to an~ peesue, araut to t6e Matsagor an7 modific~lion of ao~ kind or aaturo vr6atsoe~er, or allow an~ ehaaae or c6aa~es, subetitution or subatitutbna of anr of t6e propert~ da~eribed in thi~ mortgage or an~ ot6er ool4teral w6ich ma~ be 6eW bp the Mongagee ~?ithoat ia an~ manner aifeet- - ing the liaLilitp of t6e Mortaaaor. an~ eudorsen ot the indebtednae beteb~ aeent+ed or an~ other penon for tbe paymeat of said indebcedness, togetbu rrith interest and aa~ aher aums which ma~ be due and payable ~o ~Le Mort~e~ wd ~bo ..nhouc ;n an~ maoaer ai[ectins or impaaing t6e lien of t6is mortgase upon the remaiader of t6e propertp and ot6er ooWteral ~rhich is not cbae6ed or anbstituted: aod it is -also nndentood and a~+eed. that the Mortgigee mq at any time, rrithaut notice to an7 Pu- ~ aon, relwe aas portion of the propert~ dacribed in tbis mortaase or an~ other oollateral. or ~np portion of an~ other col- 4teral ~+6ich ma~ be 6eld as security for tl~e pa~ment of the indebtedness hereb~ secnred, at6er wit6 or without aay considera- ~ uon for ac6 relwe or releaxa. wit6wtt ip an~ manner aElaxin6 the liabiliq of t6e Mortaaaor. all endoraers. if w7. and all otkr pes~ns wta are or ~hall be liabk for t6e p~paeat ot said 'u?debtedneas, ~nd witboat • affectiet. dietarbia or im mr manner ~?6atsoerer t6e ~didit~ and priorit~ of t6e lien o[ t6iu i P~ll?8 ~ ~ortaa~ fer the iuIl amoant of tbe iedebtedneas remainin6 nnpaid, together with aU iateteat and advaaces which ahall become papable, upon the eAtire remaiader of the mortgaaed prop- ~ erty which ia unreleaxd, and xit6out in any manner affecting or impairing to my e=tcnt whatsoerer an~ and dl ot}ter collateral - secariq which mar be 6dd br the Matgagee. It is distinctl~ unde~stood and agn~ed by the Mataagor and the Mortaagee thst ~ anr relea~e a rdeases ma~ be made br tLe 11[a~rtgadee rritl~ac t6e oonsent er appronl ot an~ wher person or persona w6omso- ever. I ~ f 23. See attached exhib~t for further condttions of this Note and Mortgage ~ obligation. I ~ ~ s ~ ~ € ~ ~ ~ ~ 3- ~ ~ ~j~~ IAi WIT~ESS R'l1ER£OF, ~he ~(ortgagor on the dap and ~ear (irst abo~~e wriuen, has e:ecuted these presents uader seal; ~ if, when and as a corporation, b} and through its duly authorized o(ficers, as the art and deed of the corporation, rshose aamrs " ;_s-~ appear hercunder. ~ ~cA`~`e`e s~°~' ROTH PROPERTIE , a Florida General ~ ~ - ~ r., a,~t: Partners ' - s~>> ; ~ ~ - B - ~ Sianed, se , ~ad und dcliaer in d~e scnce o ' ~ -_(~1) ~ ~ Ke ne~fi W~ l~o , eneraT~-F~er~n r - . ~ __~s~a~) - - . - - _ _ _ _ _ ~ fw , - . - ~ _ . - - - ~ ~ ~ . _ . - _ _ _ - - - - ~ _ - - - - - _ _ _ ' ~ , . - _ _ . _ _ ~..-~~3iz ~~r;F - ~810 - ~ i. _ :.~'AT~3 3. ~t " T "Y ~K S 1" r g . . . - . _ - -..r 'Y,~ . -.,w -::Yr,:,.ss