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HomeMy WebLinkAbout2086 ' ~ ~rw This mortgage also accureb any ??nd all renewals and extensions of the promissory note re[erred to herein >d'' securer and all installments thereof, and also any other notes which have been or may be give a Mort- gages by the Mor nd any other indebtedness of the Mortgagor to the Mortgagee whic ver, shall not exceed at any one time the aggregate unpat - i 1 sum of DOLLARS It.....................). it being the specific intention that further advanc the Mortgagee at its option to the Mortgagor, either prior to or alter the due dates of the erred to promissory note secured; and this mortgage is given for the specific purpose of secur and all indebtedness by the Mortgagor tote ages in whatever manner the same may be evi or represented, until -this mortgage is satisfied of record: and all cove nd agreements con- tained ' mortgage shall be applicable to all further and future advances made by the Mortgagee ortgagor all other indebtedness of Mortgagor to the Mortgagee, and any and all renewals or extensions therwf. 16. If all or any part of the property or an interest therein is sold or trnnsferred by Mortgagor, excluding (a) the creation of a lien or encumbrance subordinate to this mortgage or Ib) the creation of n purchase money security inter- est for household appliances, then, in that event, the then outstanding principal balance of the note secured by this mortgage. together with accrued interest, costs and future advances, if any, shall immediately be due and p:?yable. Any such transfer or conveyance made without satisfaction of this mortgage sh:?11 constitute a default under the note and mortgage securing same. If Mortgagee deems itself *_nsecure, or upon the h;?ppening of any of the following events, each of which shall con ?tute a default hereunder, all liabilities of each Mortgagor to Mortgagee shall thereu)x?n or thereafter. at the option of ortgagee, without notice or demand, bernme doe and payable: la) the death of any Mortgagor (which term shall and include each Mortgagor, co-maker, endorser, surety and guarantor of this mortgage); Ib) the filing of any pet? n under the Brankruptcy Act, or any similar federal or stale statute, by or against any Mortgagor; lc) an appli• cation' r the appointment of a receiver for, the making of a general assignment for the benefit of creditors by, or the insolven of any Mortgagor; Id) the entry of a judgment against any Mortgagor; le) the issuing of any attachment or garnishment-against any property of any Mortgagor; (f1 the taking of poggession of any substantial part of the property f-~ of any Mortgagor at the instance of any governmental authority; Ig) the dissolution, incompetency, merger, consolida- tion, or reorganization o[ any Mortgagor. 18. This Mortgage Deed and the note it secures shall be construed only under the laws of the State of Florida. PROVIDED ALWAYS, and this mortgage is on the express condition, that if the Mortgagor shall well and truly pay unto the Mortgagee the said sum of money mentioned in said promissory note referred to herein and secured hereby and any renewals or extensions thereof, any further advances and any other indebtedness referred to herein, in what- ever form, and the interest thereon as it shall become due, according to the true intent and meaning thereof, together with all costa, charges and expenses, including a reasonable attorney's tee, which the Mortgagee may insur or be put to in collecting the same by foreclosure or otherwise, or in proterting the security of the Mortgagee, whether by suit or otherwise and shall well and truly keep, observe, perform, comply with and abide by each and every the stipulations, agreements, conditions and covenants o[ said promissory note and this mortgage as and when required thereby then this mortgage and the estate hereby created shall cease and be null and void, otherwise the same shall remain of binding [ores and effect. IN WITNESS WHEREOF the said Mortgagor has made, executed, sealed and delivered this mortgage on the day and year first above written. Signed, sealed and delivered - e p ence of : ~ 'I - ' ; , ~--t (SEAL) - t3rie ~Arldrews (SEAL) • (SEAL) ' (SEAL) STATE OF FLORIDA ss COUNTY OF A ~T~ fJ - sefora ~4;peiaon~`''appeared eerie Andrews to me ~i t~~-~tovm avid ~no~bru 4o me to be the individual or individuals described in and who executed the foregoing Mort- gage,~hoidc~pTvlyfr bel9Qe~ t1?e ezecution of the same freely and voluntarily for the purlwses therein expressed. ~fi $lM'NF.~4. my haryd ,a~?d v~cinf ~eeal this ....S....... day o . : V. ~ . ~ , A.D., 19 7 9. . • y; t - - . ~ :c : i • - w ' - ti N ry Public - . - • My Commission Expires• " _~,;:~:•.•t~~?`. 1lotary , elate of Florida at STATE OF FLORIDA Ml Cotemission Expires March 20, 1931 - 86 awd~d b wwiw Fn i Ca+~.r, tosp,y COUNTY OF I. a Notary Public, hereby certify that . and personally appeared before me, and being duly sworn according to law, acknowledge that they are . and respectively, of the Mortgagor herein named, that they are duly authorized to execute, acknowledge and deliver the said mortgage for the purposes therein expres.Red. IN WITNESS WHEREOF. I have hereunto set my hand and affixed my notarial seal this day of A.D., 19...... Notary Public My Commission Expires: auo~~18 PsCf~ `