HomeMy WebLinkAbout0812 6- Murlgagee'a Rigbt to Make Certain Payttttterus. to the rxrnt Mortgagor faits to pay sr disst?atge the tIACf, Iratrilities, car encumbuncc,, ar IaJs to
lrrp the Mortgaged Property it?wrad w to rleliarr the puli?ia, premiums paid, tx fails to report rift Mtxtgagtd Property as herein agrrrrl, Mrrrtgaga may
at iu uptiun pay car d~aihatgr the fairs, liabilities, and en:umrbtancrs or any part thtrruf, to pr.rcure and pay frx such rmwance w w make and pay fur
,u:h repairs. Mortgagee >hall hour nu abligatiwr on its part w drtermitu rht sa:idity w tr.Ywuy of any pa)ttrrnt thereof 'and any wch payment shall not
waixe car affdt Jn) uptiun, lien equity or ngM of Mwtgagrr under w by virtue of lhu bfrxtgagr. 7 hr full amwrtnt of each and every au.h payntrat shall Gr
imrnrdia!ely Jut and payable and shall brat interest from the date thereof until pairs at the rate of Trn Percent 11041) per annum. simpl: iutr:rrst, and to-
gether with such intrust, shall rte secured by the lien of this Mortgage. Nwhing herein contained .hall be construed as reesuinng Mortgagee to advarw-e ar
cxperrd monies frx any of the purposes mentioned in this paragraph.
7. Payment of txpeases. Mortgagor shall pay all the esrsrs, charges and expenses, including reasonable attorney's fees, disburuments and cost ul
abstracts of title, incurraYl or paid at any time by Mortgagee due to the failure on the pan of Mortgagor promptly and fully to perform, tom~ly with and
Jbidr yy each and every stipulation, agreement, condition and covenant of the Nate and this MortgagE. Such epssu, cha~~s nerd expenses, steal be immedi-
a{rh~ due and payable, whether or not there be notice, demand, aurnrpt to crdlect err suit pending, and shall bear intter~t at,the rate of Ten Percent 1104ti1
pr• annum, simple interest, until paid. All such casts, charges and expenses so in:urrrd err paid, togltKer with such ibtetest, shall br secured b) flee lien of
this Mortgage and any other instrument se:uring the Nae
d. Atddittonal Documents. At all times this Mortgage is in effhti, uprrn Mortgagee's request, Martgagrrr shall mate, execute and delisrr or :note Nr Ire
made, executed arxF delivered to Mortgaper and, where appropriate, shall cause In be recorded or filesF and therrafttr to bt rr-retarded rir rrfilavl et such
rune and in such pla:rs as shalt tee deemed desirable by Mortgagee any acrd all wch further martgages, instruments of further assurance, a'ertificata and
a+ther ducunrents as Slurtgagre s?ay tonsis(rr na-rssary or desirable in rider to rffeauatr, complete, enlarge, pertain, or to continue and presrrr the
r•biigatiutu uf'siortgagw under the Nwe and this 11.iurtgagr and iii wirer it?ttrwnrtth >ctiuring the i~wr, acrd rite iiert of this Motgage .s a first anJ pricer
Ilrn upon all the 1Nortgaged Property, subject only to Permitted 1-lens. Upon any failure Ay Mortgagor to der su, Mortgagee may make, rxr:ute, ra~ard,
:ile, rr-rctiurd or refdr am' and all such m(Ntgalers, instrumems, cenifcatrs acrd doiunrents for and in the rani of Mortgagor. Mongagrrr hereby irreuxa-
hh appoints Mortgagce agent and attorney-in-face of Mortgagrr to do a1I things nececeaty to effecwatr ar assure compliance with this paragraph.
9 F.xea1 of Ueiault.:\m one of the futlawing shall iumututc an r.r:rt of drfauit:
tat Failure by tifurtgate.rr to pay, as and when dot and payable, any :rrtallmenti of prir?cipal or interest due under the Nwe, err env deposits fur taxes
JItJ assessments or imur:urir prrnriums due ttrrrturrlrr, or anv tstl?rnunrs w ter pail M• Maxtgagta hrn•undrr or under an) whet irntrumint souring the Note
Ihl Failure by \faugJl;ur w doh kiep, pirfuuu au.l ub>ene au) orbit suaenant, wndlvun u: Jgnit:arrrt in tht ti+xe, t1u, Slwtgagr, any utt?ir ntsuu
:~cnt sr:unug ;h; \utr or any .,thw iu,tnunan . ollaterrl to the v.rtr of ;ar,utiJ in:unnraiun write lhi ,cams sa~utrd hereby foa a Itetiard of Id days after
\to: tgagCC gin c> written ru,U:a ,p.~a, mg thi Mraah.
1 If tether \tongac,x an ana ¢ueramur car rnd.rr,ir r•t ttM \r.rc Irl Id~•, J vulrintary prrdiuu w h.:nknquiy. ,w Isis n Jdnrdiiatrtt a b.olkrupt or insar~
pli) fi:e• ans pr-nt+.+t. ••t .Chance xtr.ut~ :r: aiUl:[C,,Irlt' 111 ell\ rilirf lur d,rll under Jny Lt„ rrlalioK to 8aukn.pt.a, tmnhru,a of .,thee irha ` t.•r
h•. , o' list •:r1 ,.r +.m,rn?, tr car a:.awr,ir, in th::q+h.+i:,:nrr:rl ,.f .uly tnrst;•r- rrrciail vla,trt .rr Ir,tuidair+r cal it,rl: or +d JII car virv suh,r urual fun
\L••a•J:~a' 1'.. ,1.. , la) mil., ,,;ry t;,uuei a..l~w::uu lot lire tr:wflt ,r: ae,hru. a+r tor,; t.,.,l. • any adrat~-,.at iu wtrtug :I ir• a.ai rhty t • (vy
:at, cit:ir,ala '.a . (•c,. nrr Jac: as lua a +,~urt of ;anut+'air.t inu,Ji.UUU note., :w .nJir. w.lpintcm .rr dears apprua.ug J I+cCliuu tlkJ tg.nu,!
.r::,,,,,r as .t.~. . , rrrJ::t,;•t .d tl.r t:...tt~nr .cal. r:lict uri,lt ,.fly t.ra:•..ra r,. I.r'u. rJaral, ,t.t::, • : ,~thrr ,tJ':.tr t,t~ Icgr.IJtiun tor: t
. .::lllti'.. i, •t, 'r„? .ti af!iiil t.t ~t a,r ,I. t•1• .•It.~/. I~ir.a l,i .la•.a .a:aJ ai,d •i/rl,1a)rJ I•,r ar. .t„.a~.f:. ,rli\I'• •1~1:
•a:•:id., _r. 11.•ur tl:...L,t•, , ' t;nr. th.ra t a+r r.:i.; .,u, r: 1...,-:t ..r''ryJ..in{u: ,a \1,atgJ~.n +d ,ra .u.. -ul•,t.u!Ca! I, .t: ad
`•i •:tra; ..t ri q,.•:a:;.! w•. L.,ut tl:i • cn,t aattna•n . ':r •r , ~ \i,,r r.•.r,~ mot.., t, ,i;..,•,uua•w ,hall i. ruaiu uu, ar atr.t .::rt .u,.r.ty rr+ Jt
..rr_r~,rt: Ir,i,r J.:., w;•,:Lar .,+r a,nl,r..,uaa
I::, ~\n•. ;aa.cah ,•I „Jt:.calla +a u?J:.riai ur.uuth of Jul r:ptr,eiaJU.,:r rt \1•ar~,. ..r ...urarl.. ~ :n the tiutr, Ihi, ~luit(La~a• car .urn uthrl uhuu..:rut
...:nett the tioa~ -
c .1t•eeleration. 1f Ilt ,ai^t +f .icfault ,hall ha,i ax:utrru• \Inrt}.tt•,i t•roa :4-a,.,rr .tic ..:•t,rnlrntt (~•r:r;ii.al .r+r,•unl the •rr aoJ the v,.atc,t
.,.i.f .h;rra+r, Jt:•i Jii utLat ww, ,,.utcJ nalrby• :u (.i Jut anti l.aa.thlr ,urur.•J+atata 1 ir.,u r u.'r Ir.lar.d.,,n •,r tt Lnn.:p.ri .ut,1 .:rtrrc,t ...t_! .+thr r ,our,
`r'i .:,tu:c.i.atc!a Lr .tu utJ (aaa,:tile ~t•h.,ta dra:.m~' .+e uv!i,r
' krmrdir- yflrr t~CtJUh- 1 I+t li :u. :.C:rt Uf J:IJUi1• \1t.'[:Jac uIA) ail 1:. ~.U: „u,+ U IJ+ u, t' u'iy :n h\ J.,, .i ll~: •r IJ:a hahtTa:
r'~•'•a 4 III 1 i
'a:::i.1a tor,- r .r ,r.:.n pa.r.i;u; art :ha• Tr.~ti cat iha• (>.'•lu:b:.ur.a . 1 ,r: ia: vi „ ,,u, ,~:I.cr tr ht. It•I :wc;!u:r tLl. \1..r:Fa.; JI,.I to ,ill. J• eD
--'a car :n i.: •a n.,t:,'.• :hr \h •n~a.cJ l'tul+etry i ualr, 't:•' 4et~rn..•.+; sir. ra•- car _+,•rn .+r -.I::rt, .rl ..my"•rrtrt puh.l:, runt, t.l ..rllr.t JII r,
:„car,, 1+r,,:• aims:, ui-ue~c .ttrd ,Ith.t tw•nef ir, fn,m the \t,ar.•et•rd 1':•+it n, iJ? Jr•t~ant ,r ra+. net r,r euta•r ti ll„!r .u,J talc p.r:.r,•r.n r+l rba.
::JCrd 1'n+{,a•tr, -r.,l tor. ireltr,t .ill r;m,, ts,ua'>, profit+• rrarnur. •u. Dena. auJ utter: Irrnrtns utrn-ui enJ Jpplt the wort as a:u:ut n..ty Jilrat atla! ,ua6
r~ Khali h•,a: .ell - ,•i.t and (+.+wr~, t+rrminrd can,.}rr lea.; •nJ i,, l+tu••,:a rn, •+th •r tiar,•,1 .n,ut•thl+ .u It in, iuainiK, but nut limited a• :.,ling p+:,•i„i-car
'.C \1.+:I~a::d I't Utr,;i\ :,.f!rl: 6Ulrii Nt h; J:llli ~Iut a•r~•rr \lur :}a~ca r.:il 1•.I,a .,,1. uli ell ha, t••. ,U. h in,la CCd/11f, U: t.a' itla' a'\a•Ia1 N' u} 11, P'+w Cl
'r. rr~a+i,i :u rot: a .a talinf I:.+„c••:rar• car both, J, \tur::a.:c nl,,: Jalint:ura
~ \o \laiser. \r~ .;rh.a ~u :anr.,n:n of \lortgaKre :x of Jm h+rlJcr cat the !~ut•. to rxrrini ,urn r~tu. I,uwct +n n•ntaJ} aiiruin •,pa,u any tarot cat Jr
,nail rxtteu,t cat ,u1tiJ:, .,t:y ~r._h nght, i,owrr cat trntid. car ,LJII tx ,uu,t:uiJ to walar atn c,iut a dclault :n tu,un,Ulutc aiywi,irnir thrran.
\un-Exclu:ite Remrdir-.- \n nrht prewar car rrm.~tly :,udrnrA upon car tr,rrrat a. !~lortg:rgat by the Nrar• the, Mangagc car Jm other instrument
l ,nog tnr i\iutr is rxilu,t,i cat any o:hrr righs- (,owcr car •.ntrJa- but i.rih anal tart ,u.h right. pa.wrr and remedy ,hall br:umulatiar and ioniurrrnt
r
! ,hall hr in addition t_+ am ~+thrr right, power and rrmrah eiarn hrrrundrr r.: uudrr the !~utr .+r am_ other m,truuient ucuring the \ute, now cr titre
r'.::r rxi,ung at law, rn ryut!y car bc,tatute.
t il. luecesson and AssiKm &tund. Khenrarr a+nr cal the {..true, hart,, h namiJ cal n•Irrrrd tr. herein, the tiro,, wi.rswr anJ a„igns cal w:h I..rrh
t'! tx maudeJ Jrtd alt ioarn:ults and attrarments:un:atuid u, ti:.. \t;,rtr.rltc• i.a car ins t><hal( of \turtKegor car Mortgagor, shall hind and uwrr to the
~rttt, u1 !heir re,peaiae heir, w::e+son and a„!gn., whether car nut ,o raprc„iJ
~ltscellaneuus. In the iaem that any of the cuaenant,. agrrrnriur., term, u: pnnistun, wntained in the Kwr, this Mwtgagr car any other irutrumrnt
•-,nog the tiotr shall be n»alid, illegal or unenfur:r2ble in am tr,pcit. thi aahdth cat the remaining cuarnants, agreements, term, car pruaisiun, contain-
. i~rrrin and in abr. tiutC and am other instrument .rioting the tiuti shall hr cat nu way alfritrJ, prrjudi:tYl or di,turbrd thereby.
~unrnef's-1•-ees. fltc term "attorney's fens" a ux~t1 In thi, \1.rrtgagr in.ludr, Jny and all sego{ fees a( whatever nature including, but nett hnutrJ w,
_a. rw^nng +rc,m Jny aplk-JI of an interlocutor order final iudFOrent car .uiy other Jppellalr phr:rrdiitt( aflVDg Out Of dh) IIIIgd11rM1.
f t)bligatiun of NurlRaXor. Mortgagor shall pay the iost ui relra,ing or satr,tying this Murlgage of rrcurd-
i~. \u Transfer. It is undrrstawd and agreed by \turtgegor that as part u( the induiemcnt to Mortgagee to make
tht loairTt!aidrnird b) the Nwr,
~1 •*:¢agrc ha, _unsldered and retied can !hr :rrdit s.orthlnis+ and r.habihay of \turtgagur. \tortgaKor iuvtiaai~'Satld~not to ,ell, irimey, uarrfer,
.a,i car further encumber ans ut;rrest m or any part cat the \to:tg.a.rd F•ruprrr~ without rtte prirx,wjjmttt.•ncrxcsrnt.ufllort gee, and any wch salt-iuuaey•
tran,fer, IrJae car en:umhrance made without \furtgJgrr•, poor written iunsrnt shall tee suid- Ifariy persdn shedW l~q~r~ tin all or any
cat ahr \turt~agrd Pn,perh punuanr car the exriutlus: a,r onturicntrnt of any lien, security interest or ochre ~,wg~f~i ~ cans 'r wt)QrditS-
stn, \turt~agr or stir tiro hereof. ,cacti event ,hall t+r JromrJ h+ br J trrn,frr by MQr)gaBru,and art event u( defauh _ ~ _ _
• 1't. fhanXrs to MorlRaRc. All Than altrrahu:,,. Jrlchnn, car JJJiuurn to the wb,tan:r of any paragraph in this Morig'aj~"Witii~r - agra~ [~`/3', s.
:+rrn \tur:.agur and \tuagagrr h r•trrCn 11!!IlairJ by ~IUfI[LJ~UI al JddlllUna) prlNlf cal Mortgagor', consem. z Rp~ ! ;o
- 1` N IT!srFl$ N HfRE(!F• the ~ r ga(CUr hJ~ rxriutrJ chi, uhuumrnt the day Jnd year aboae firs wnttrn. {
of =
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ti.gncJ. ,calrri _
..~inerrd ant - ~ ~ n i. _
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a ,rose of: / ..,y, % " tt~
stress - - - - - - Maker '
u stress '\takcr ,,,T A
~T \TE OF FLORIDA
~ ~Y/ l ~ r
t;.;
n SS
t OUti71' OF ,7,.w~x,~LO~J Q,jd1` /1115
t he furegutntt instrument was aiknuwledged before mr this~"_ day of _ - 191__, bY_ i~~CI~e ~ . ~1'lKs~`7
'f; _ . _ _ _ ~ ~ - - - ? ^ °J~V pa!?c Notary Public, State of Florida at large
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