HomeMy WebLinkAbout0313S-E'.~S Ci: ~.
` ' ~ . ' ADDl7'IONAL TERMS AND C~ONDITIONS
And !he said a~ort~,s~oes do herebr p~omise, rnvenant and sRee to pay tb tpe said lnortta~ee, the said sum~ of moa~y aod inte~at as meadoned in s~d
representcd by ssid proai~a~y oote, o~ aay extewioas or ~t~ewsit thertof, aod xcured to Ae paid as atoresaid, snd stso to csrry out aad pe~form each
and evcry otha coreaaat aad a~reement he~siw se1 totib. aad do promise. covenant snd a~ree to psy all ta:rs snd assessmrnts of evety ki~d anQehancter
Irvied orasssssed on ssid propertr, sad evetr put thereof, betore the ~ame become de4~quent (and also upon this mortsa~e and the moueys secured.har
b. to tbe eate~t Aeteiaaft~ iet fortb~ aaA aot tope~ t IM ssidp~opertr or any pW tAersof. to be wld oaaccount ot non-payment of taaes ot saas-
mena of aay kind: aed !o ~omptfp p~ a11 iasupAa~ptEpWms that msr Mooale dw upon I~surasce pobap issued upon buildi~~s w otha imprmrr
mcnb oa sa~dp~ emisa dunai IA~ taafi~danp l~nwf; apd to ps~I NI costs. slurtes aad ~:peaas ia coY~etia/ the moneys hereby securcd or in entotda~
cx protectas tbe ri~bts sad intensq of i1N ssW mo~t~a=M IN~NR. or secured hetsbr.,includin~ ~e~wntblt attomeys' Res and commiasions. whethcr col-
Iected bY fotttlosure ot ot~ttwise. .. .
I t is further covenanted and a6rood that, if detault sh~ll bc made in ihe payment of s~id sums of money, or any patt thereof, as sperified in or represented
b~ "id nole or aay exteasloa or renew~is thereof, or if the interest that may bccome due thercon, or any part thereof, shall be behind and unpaid for the
.p:,cr of ten days, or if default shall be made in the payment of laxes or assesuneMS of any kind or character, as hereinabove set forth, inwr-rnce prc
rn~ums, or any wms ot muney u provided herein, u~ if all or aay part of the propetty or any interest (legal oc oquitabie) therein is sold or transferred by
mortgagon without morty.~gee's prar w•ritten consent, or if therc sha11 be a breach or violation of, or default in. any of the covenanti or agreements
hrrzin contained on the part of the mortgagors, then it shall be optional with the mort~agee to mnsider all the uapaid notes, or the principal wm hereby
.e~ured and iemainina unpaid, and accrued interest thereon, as immed$tely due and Payabk, and said mortgagee shaU have the right to institute proceed-
in~a to enforce the coUection of ail sums due hereunder, or to forccbse the lien of this mortRage by rcason of wch breach or violatan hercot, or default
t~~rein by the mort~eors; PROVIDED, HOWEVER, that upon any wch default and the accekntion of the temalning unpaid prin~ipal wm, oqly the
~~nount of acturl cash initialh• •rdvanced less payments made thereon and interest accrued and applied in the amount of the maximum interest rate prr-
rnitted by I~lorid-a law tu the date of the fu0 payment of the same shal) be recoverabk_
1~ is a~c ed tbat the said mor!p~ ee.mar pay any suan of moaey that should have beee paid bytAe ~monpSors, under Ihe corenants haein contained,
and all such mo~eps so pald shsll bear ~oterat at tAe rste of ten pef cent per annua.tmm d~te so paid. wd tLsU Ee secnred bY tAe lien of thlt mortpae;
bu~ eopa ymce~ er tne mor~p =et of aay sum ot moaer as herein provided shall be deemed a wairer of its risAt to declare tAe pri~cipd ~um due by reason
.~f the default, braeA, or violateon of the mort~ors, as herein apecdied. _ • • -
SAould foreclosuro proceedin~s be instituted hereunder on account ot any b~ach or violation of the rnrenants here coetained, it is mrenantcd that ~he
murt~a~ee, shall Aa.e the risAt, withoul eotice to the mortp`ocs, to make appGcation tw and to have a receiver appointed !o tate possessioa of and man-
ase aed coeuol tAe mortp~ed ptoperty pendin6 foteclosute p~oceedin~, for Ihe purpose of rentin~, preserrin~, or protectia~ Ihe same a~d spplyins the
net inrnme tberetmm to the prese~ratwn and protection ot the mort~ased property aod to ths p~yme~t ot tM q1b~t~e indebtcd~as in such manner as
the coutt may direet. - ,
The term "Matp~on" herein shall be construed to te4te to the sin`ular wherever apprupn ate and,tp inciude the wp~d: "heia, le~al teqestntativa and
asslyu" of the SNort~as whenerer and whetevet the conteat so admib or requira: and lhe terms "Mott~ajee" shall 6kewise be mnsttued to include
the words "wccessoa and assi~m" whenever and wherevet the context so admits or requires. - t •-
i. e . _ ~i. ~. _t}. . . . " . ~ . - . . • .
. ;
_ ~~4~ ~~~ 3~.i
~ =~=~ ~ r ~, _ _
, : •
: ~
- _ . r, :
'~^?~-a OT K02R39 gAO~tTI~
L~t £ stiu2 =aibiir8 as19 nT
bvt8 z~,i~1 !~A wft9 OOES
-- ~OA~ tp~A
~A~A ~u1~9 .IN
~- .
~i~ '?e~ ~~L•~e: ~
~
_ ~ ~~~ -