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MORTaAQE hEEp wee- Finaaoitlti 8(?rtiaee of
1411 •~Yt: ~ PItIfIT IMI~I~L l~OV>•! t! N~Nt ~ ; + _ f_ ,
3 ~h ~ , Fbtida
That M hereby grants, barpib.- assigns, gad conveys unto Mottgagoe.n- the `folb*iaR,litl~d . _ieal~ estats _ in the County of
$tltiLuoit? ~ .sate of f•'brida, to witi
-
Lulcetaod Pork Subdivision, IInit ~N6, H1ock Lot_ 1$_ _ _
. - -
For strt?~t l~usbsriag purposes also kaova alas
8103 Fort Mtllltoa 8oatd~
Fort Pi~ro~, Fl. 33450
a S' aTtltt~.
• ~p,r~IPtop.~lr•
ow on class Mc" ~nan~ q 11~7t.
• - Rirttts~ To CtteO~ 71.134. ~ -
lROC~R Pam q
~ DOCUMENTAR ~ STAM P ) A k-~ .
c-' DEPT. Of ttEYENUE.:
P.6. - Sit' 10'79 r. • ~ ~ 0 '
~ 11102 - _ '
II _
I.
I together with all buildings and improvements now or hereafter erected thereon and cep screens, shades. storm sash and blinds. atd heating, lighting, phtmbirtg,
I gas, electric, ventilating, rcfrigenting and air-rnnditioning equipment used in oonnectan therewith, all of whidt, for the purpose of this mortsage. shall be
deemed fixtures and subject to the lien hereof. and the 6ereditatnents and appurtenances peratniag to the property above described, all of which is reietaed to
hereinafter as the "premises".
TO HAVE AND TO HOLD said land and premises, with all the rights, pmikges and appurtenances thereto belonging, unto mortgagee and his heirs, executoa,
administrators, sutxessots and assigns: forever.
Mortgagor also assigns to Mortgages all rents, isrttes and profits of laid premises. reservittg the r~ht to collect and use the same. with of without rating
possession of the premises, during continuance of default hereunder. and during continuance of Bach default wthoraing,Mottgagiee to enter upon said P
andlor collect and enforce the same without regard to adaquacY of any security for the indebtedness hereby secured by any lawful means including
appointment of a receiver in the name of any party hereto, and to apply the Brune less costs and expenses of operation aM collection. including reasonable
attorney's ftes, upon any indebtedness secured hereby. ~ wch order as ortgagee may determine.-
~'O~C~E~IRPOSE OF SECURING: (1) Patormanoe of each agreement of Mortgagor contained herein; (2) Payment of the principal sum of
S 7'•**''~ with interest thereon, as provided in aocardanoe with-the arms and provisions of a Promissory Note/Loan Ageanent (hereinafter referred to
as "Promissory Nots'~ dated , ha ' a maturity date of , arttl Payable to Mortgagee• (3) The`
payment of any maaey that may be ads
iariced by the Mortgagee to Mortpgor or to third parties where the amounts are advanced to protect the secnritY or in
accordance wide the covenants of this Mortgage.
A!1 payments made by Mortgagor on the obliption severed by this Mortgage shall be plied in the foUowirtg order.
FIRST: To the payment of taxes and assessments that may be kvled and assessed against said premises, inwtance premiums. repairs, and all other dracges
and exppoe awed to be paid by the Mortgagor._
SF.COrND To the payment of interest due on said ban.
THIRD: To the gyment of principal.
TO PROTECT THE SECURITY HEREOF, MORTGAGOR COVENANTS AND AGREES: (1) To keep said premises inwred against foe and such other
cawalties as the Mortgagee may Ypxify, up to the full value of aR improvements for the protection of Mortgagee in such manner, in wch amounts. and in such
companies as Mortgagee tray from time to time approve, and to keep the policies therefor, properly endorsed, on deposit with Mortgages. and that {oss
proceeds (less expenses of collection) shall. at Mortgagee's option. .be applied on said iadebtedrress. whether due or not or to the rt:stontion of said
improvements. In event of bu Mortgagor wiq give inuned'nte notiot by mail to the Mortgagee who may make proof of bss rf not made promptly by
Mortgagor, and each inwtanoe company rnncemed is hereby authorized and directed to make gyment for wch loss directly to Mortgagee instead of
Mortgagor. (2) To pay au taxes and special assessments of any kind that have bern or may be levied or assessed upon said premises. or any put thereof. (3) In a
the event of detwit by Mortgagor order Parasraphs i or 2 above. Mortgagee. at its option (whether electing to declue the whole indebtedness secured hereby
dun and eoUecUble or not), may (a) effect the irtwrance above . provided for and pay the reasonable premiums and charges therefor (b) pay all said taxes and
assessments without determining the validity thereof, and (c) qy such liens and all wch disbursements shall be deemed a qrt of the indebtedness secured by
this Mortgage and shalt be immediatety due and gyabk by Mortgagor to Mortgagee. t4) To keep the bnildirrgs and other improvements now or hereafter (
erected m good condition std repair, trot to commit or-suffer any waste or any use of said premises twrttrary to restriction or recasd or contrary .to laws,
ordinances or regulations o[ proper public wthority, tad to permit lllortgagee to enter at ali reasonable times for the purpose of inspecting the premises. not
to remove or demolish any building thereon; to complete within One Hundred Eighty t 180) Days or restore promptly and in a good and workmanlike manner
any building which~may be constructed, damaged or destroyed thereon and to qy, when due, all claims for labor performed and material famished therefor.
(5) That the time of gyment o[ the indebtedneu hereby secured, or of any potion thereof, may be extended or renewed and my portions of the premises
herein described may, without aotitx, be released [rom the lien hereof, without releasing or affecting the personal liability of any person or corporation for the
payment of said indebtedness or the lien of this instrument upon the remainder of said premises for the full amount of said indebtedness theft remaining
unpaid, gad no change is the ownership of said premises shall release, reduce oa otherwise affect any such personal liability oa the lien hereby created. t61'
That he is seized of the prcmjses in fee simple and has good and lawful right to convey the same: and clot he does hereby forever warrant and will forever
defend the title and posaessiorr thereof against the lawful claims of any and cep persons whatsoever.
e s.-oa~a testy t t-7a1 rt_