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Home My WebLink About0092 to ~ 494958 itl•:AI. t•:S•I~A"1'F: \1Oit1Y:A(:}. THIS A1OHTCAC:I•: made this day of ~T 19_~_, Fietween avri ~et;io 1~ao Byrd .,r a14 Z• 2Sth St• $t• ~~o County, h iorida, hereinafter called the 1\lortgagor, and ~~1 ~~t p~ttl~~~ a Lib c'orixn•atiun, hereinafter called thc• Mortgagee. WITNF~SETN: That said \lortgagor, in consideration of the• principal sum specified in the promissory note here- inafter described, received from the \lortgagee, hereby mortgages and incumbers in favor of the said \lortgagee the real property situated in ~i~ County. State of i~ k,ricla, described as follows: Iwt 14, moot 4, loa tlu Wst S twt tint, ilr $:~08~o Si~I3IQa~r • .e..~di~ is flat trot .a stl• is plat Dsot 0, pa js 2, •s ttis poDlia sroorLet St• I~¦~sio Cooot~, ri~ids . A~j1Nti • ~6 ,n aa, • 7t TaxeE p.a• On CIaM "C" mtatwtw` t w '~Uc?wtll. p~riRTOCIt~Pa?71, 134• Acts Ot 1i~~i. IIOfi11 rORitA3 tn'~t~ Ch1tCMwiOMrR M• C0. No. , as security for the payment of a promissory note, a copy of which is attached hereto. and incorporated herein by reference. Thc• said viortgagor does covenant with the said Mortgagee that the said Mortgagor is indefeasibly seized of said l;md in fee simple and has the full power and lawful right to mortgage and incumber the same, that the said land is free from all incumbrances except as above noted, and that the said \lortgagor. except as above nded, does fully warrant the title to said land and will warrant and defend the same against the lawful claims of all persons whomsoever. AND THE SAID MORTGAGOR does further agree as follows: _ I. To make promptly all payments required by thr above described nute• and this mortgage as such payments i„•come due. 2. To pay promptly when due all taxes, assessments, li,•ns, and incumbrances on said property. I 3. To'keep the buildings now or hereafter on said land insured against damage by fire, lightning, windstorm of ,thee C95ualty in a sum not less than the sum secured by this mortgage, in a company or companies satisfactory to the ` \lortgagee, said policy to be held by and payable to the iltortgagc•e to the extent of the indebtednc>ss r<•maining at the time .,f the loss- If any sum becomes payable under such insurance ix~licy, the Mortgagee may either apply it to the indebtedness ,•^ured by ti,is mortgage, or permit the \lortgagor to usc• 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. If any payments provided fur in the note• on this mortgage arc not promptly paid b_y the Mortgagor, if the buildings ,re not kept insured as provided, or if the Mortgagor defaults in any of the• other covenants, stipulations, or agrc-ements. the Mortgagee, without waiving ur affecting the option to foreclose, may otherwise perform any of the covenants or agree- ments on 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 nit, c•curr•d by this mortgage, shall also be secured by this mortgage. • ti. 'T'his mortgage li•-n shall extend to and include all rents and profits ,,f the mortgaged property. In the event of „reclosurc the court is authorized to appoint a recc•:eer of the mortgag,d property and to apply such rents or profits to the ;ndc•btedness hereb_Y secured, regardless of the sul:~,•nc~• of th, llortga)*or or thc• :+dc•quacy of th:• security. • 7. This mort a e shall extend to and include any and all c•xte•n~iuns and renewals of the• hc•reinabove described ! g g note and shall also secure any sum or tiuma !hat might L~ luan,•r! by \lorrgag,•,• to \lortgagors in the future in the sum or t ,ums for which Mortgagors shall execute their ne~;utiable prumasory note, not exceeding $2a, 000. 00, tog,-th:•r with ( int<-real, taxes, levies, and insurance. R. If any payment pruritic d for :n the note or this mortgage be nut paid tt ithin thirty days aft,•r it becomes due, or rf any agreement of this mortgage• other than fur th•~ n:,rmc nt r•f money is breached, then thc• unpaid balance, not including c;nearned rnterc•st, shall immediately become due ;+rnl parable :ct the option of the \lortgagec, and the Mortgagee may fore- elose this murtgagc• in accordance w~ith• proc• dur,•~ ~•-tahlishc•d tn• talc, and hayr the property sold to satisfy or applti on the :ndc•btcdness hereby secured. ~ + 6fi K~ PdGE 7~ _