HomeMy WebLinkAbout1627 ADll!'lll~\ell. "fFK~IS ~~U l'O\t)! IlU\~
t,,r ,~,J rnurtgagon do hereb}• prmniset. covenant and asree,{o pay To the saki atorigagee, the jaid sums of nua+rc and interest z< n+rntiuned in and
~r, rr,rnt.•J !+s said pn,mtssory note, of any aaaettsiom or renewals thereof, and ucared to be paid as aforesaid, and also w carry out and prrfurm rash
,nd rsrn „thrr corrnant and agreement hereln.sd forth,pnd do ptOrwise, covenant and ajre! to pay aA bxes and assrs:mrnts ut rvea) kind and character
ird ur a,.,ssrd nn said property, and every part thereof, befo[e the satrle become dt:finyuent (and tW[o upori4his mortgagr end the m,,nrys srcured herr-
to the estrnt hrainaftrr set forth). and not to permit thesaid~toperty or any pall thtreor, to be sold on account of non-psymrnt of ta*<es or as+rss-
rnts .+f any kind; atld tq promptly pay all Insurance premiums that may brcY,mr due upon insurance prdicirs issued upon huiWings ur other improvr-
.rnts on ,.rid prtmisa dutin~ tht eontinwnte hereof: and to pa: all costs, charges and rsprnsrs in culircling the m~~r)s hrrcb) srcured „r in rnfurcing
pn,trctin, the rights and interests of the said mortgagrr hrrrin, ur srcured hereby. including rrasonahle attorneys' frrs and a,mmissium. -whrthtt coL
:.trd by r.•rrclrsurr ur ot'+rrw~sr."
tt i. further a,vrnantrd and agrrrd roar, if ,Srfault shalt hr made in the payment of said sans of money, or an} part thereof, a5 specified in or rtptesentrd
' + paid mnr ur an) rxtrnsiun ~~r renewals thereof, or it Ihr interest that may brcomr due thrrrun, or any part thereof, shall hr behind and unpaid for the
ace of ten days, or if default shall be made in the payment of taxes or assessments of any kind or character, as herrinabove set forth, insurance pre-
+iiutns, or any sums of money as provided herein, or if there shalt be a breach or violation of, or default in, any of the covenants or agrcementt herein con-
ta+nrd un the part of the mortgagors, then it shall br optional with the mortgagee to consider al{ the unpaiQ notes, or the principal sum hereby secured
J remarning unpaid, and accrued interest thereon, u immediately due and payable, and said mortgagee shall have the right to institute proceedings to
~t++r:r the cullrction of all sums due hereunder, or to furrclosr the lien of this mortgage by reawn of such btrach or violation hrrrof, or default herein
the mortgagors: PR(ri'IUFI), HON'F:YER, that upon any such drfaull and the accelerauun of the remaining unpaid princtpal sum, only Ihr amount of
,.toil cash initially advanced {rss payments made thrrrun and interest accrued and applied in the amount of the maximum intrust rate permitted by
! t:,rida Law to the date of the full uas•ment of the same shall be recoverable
u agreed that the said m~rtgagre,may pay any sums of money that should have hero paid by the mortgagors, under the covenants herein contarord,
alt such mo~rys so paid shall t+tarmtrrest at tfie rate of ten per cent per annum from date so paid, and shat! br srcured by the lien of this mortgage:
~t nu pa> ment by the murtgagrr of any wm of money as heroin provided shall be deemed a waiver of its right to declare the principal sum due by reason
•t the default, btrach, ur vmlahun of the mortgagors: as herein spec,fied,
sShoula [oretlowYle ~rocrrdin¢s br instttatp¢., ~ypdrr un :rc:++unt of any breach or violation of the covenants here cuntainrd, it is c+n•rnantrd chat the
:,,:rtga~rr, shat] have the right, without rio Sf~tr murtzagun, to make ap pticahon for and to have a receiver appr,intrd to take p+ssrssiun of and man-
,¢e and t~wtrol the ttottgaged pn,ptrty prwia,g (etraosure pn,cerdu,gs, fr,r the purpusr of renting, prrsening.:,r protecnng the same and applying the
_t rau+y)r thrrefrum to the r+rrsrnation anJ-pn,tectron ..f the n:urt,ragrd vroprrt) and w the payment of the mortgagr indrbtrdnrss in such manner as
ceurf may dirrrt. - -
io• term "Jt„rtgagors" herein alai! t+i ~ • ,trued ?o relate h+ the singular whc,rsrr apprupnatr and to melody the words "heirs, legal reptrsentativrs and
•-,,kn:" cif Ihr`.ir,rtgagurs sshrnrvrr and s~hrrrvrr the runtrxt su admits ur rruuurs: and the terms "Sturtgarter" shat! likewise hr cunstrurd to iniludr
..,r wor,b "succrssnrs and asstens" w~hene+~( artd whrrrsrr the cuntrxt su admits nr re.tuirrs.
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