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REAL• ESTATE ??tORTGAGE
THIS ik10R'rGdGE made this 8~ day of l9
~
.Between ~1lmt ~
i County, 1: lorida, hereinafter called the Mortiagor, and ~0~'.l~ p3~II1~• „
a ~ ~„r~ Corporation, hereina[ter called tho Mortgagee.
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WITNESSETH: That said Mortgagor. in considl:ration of the principal sum specified in the promissary note here-
inafter described, receive6 from the Mortgagee. hereby mortgages andincumbers in favor of the said Mortgagee the real
property situated in gt~ Tmio County, State of Florida, described as follows: ~
' LOS 1~~. 8loalt 4, leas late Veal 5 feet therso!'* iIR 8L~08~lAO .SQ8DIYISIO~
aoooraing ~o tLe plat Leo! a8 file tin plat Boot 8, page 2~ of'the pablio -
reooa~ds o! 3t~. Luaie, t~t7* a'laaride? - -
R.eaiwa s • . O ~•x~+s of Ttliat
- Ow On Ctti~ss "C'• ift~g>a.p~so~tel°trav«q?.
pwttuturM To Cfwptu 71. 134. AtSy O* l071,
ROGER POITR~S .
F;lr! Ctrcuh C.twrt, St. Lutas, too., RII~
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as security for the payment of a promissory note, a copy of which is attached he.ceto, and incorporated herein by reference.
The said Mortgagor does covenant with the said_Mortgagee that the said 1?lor.~ Igor is indefeasibly seized of said _
land in fee simple and has the full power and lavrful eight to mor?gage and incumber the same, that the said land is free from
all incumbrances except as above noted, an.9 that the said Mortgagor, except as above nd ed, does fully warrant the title
to Eaid land and will vrarrant~and defend the same against the lawful claims of all persons whomsoever. _
ANG THE SAID MORTG,IGOR does further agree as follows:
1. To make promptly all payments required by the above descried note and this mortgage as such payments
become due.
2. To pay promptly when due all taxes, assessments, liens, and incumbrances on said property.
dgN'Aj 10t~~~iS~ULilitisMtABti Y1! hereafter on said land insured against damage by fire, lightning, windstorm or
other catauN+byKitttki onrd'Aii?~Kb'~''1~ sum secured by this mortgage, in a company or companies satisfactory to the _
Mortgagee, said policy to be held by and payable to the Mortgagee to the extent of the indebtedness remaining 'at the time
of the loss. II any sum becomes payable under such insurance policy, the Mortgagee ma_v either apply it to the indebtedness
secured by this mortgage, or permit the Mortgagor to use it for other purposes, without impairing the lien of the mortgage.
4. To permit, commit or suffer no waste, impairment or deterioration of the mortgaged property.
5. -If any payments provided for iri the note on this mortgage are not promptly paid by the Mortgagor,_:f the buildings
are net kept insu;~E} as provided, or if the Mortgagor defaults in arty of the other covenants, stipulations,. or agreements,
the Mortgagee, w~jtjtout waiving or affecting the option to foreclose, may otherwise perform any o[ the covenants or agree- _
mcnts can behalf of the Mortgagor, and any and all such sums or expenses paid or incurred, with interest thereon from the
date of payment at the rate of interest prescribed in the note secured by this mortgage, shall also be secured by this
aortgage. ~ -
6. This mortgage lien shall extcrd to anti incil~de alI rents and profits of the• mortgaged property. in the even! of
foreclosure the court is authorized to appoint a receiver of the mortgaged .property and•to-aFply such rents or profits to the-
indcbtcdncss hereby secured, r~•gardless of the solvency of the ktortgagoi• or Attie aricE;uacy•of the security.
This mortgage shall extend tE: and include any anti all extensions and•rerewal's of the hereinabove described
note and shall also secure any sum or sums that miaitt bE• loaned >;y lortgagec,to• Mortgagors in the futurE• in the sum or
spurs for which Mortgagors-shall cxecut~e thrir nc~iat~l~_promissory not'c~t: nbt exceeding 525. 0.00. E)0, together with
InterC:, t, taxes, l~vics;- and insurance. ' ~ '
t _
S. It any payment providE•Ei for in t!+e note or this mortgage be not paid within thirty days aft~•r it becomes due, or
if any agreement of this mortgage other than for thc• t~aymE•nt of monE•y is breached, then th. unpaid balance, not including
unoarnEd interest, shall immediately become due and payable at the option of the tortgagee, and the blortgager. may fore-
c[ose This mortgage in accol=danec wish proc~•EiurE•s +•stablishE•d tly law, and have the property sold to satisfy or apply on the
' indebtedness hereby securEd.
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