HomeMy WebLinkAbout0021 of aay pf tt?~ tsrma, covenants or a~;re~ruetit~ oi thie mortGage~ then in auy or eituee o~f said e'vents, the whale of th~ ,
indebtednes~ hereb oecureci At ~b8 Q t10I3 O~ t~10 IYlO j~
y , p rtgagoe or the legf.l holder oi said indebteduess, shall become imme-
. diate~y due and payable vvithcwt notice, or in the event of the passage after tho dat~ of thie mortgage af ar~y law of the
~tate of ~lorida dedueti~g irom the value of land f~r tha purpo~e of taxation any lien therEOn, or ehauging in any way
~ the laws aow in force for the taxatlon of mortgages or d~hts secured by mortgagea for State or local purpaseA, or the
manner of the eoll~, Lion of any sueh taxation ao as to af~ect this mortgage adveraely, the holder of this mort~age a.~td
of tho debt which it secures, shall ~~va th~ right to give thirty c~aya' written noticcj i~o tho owner of the grant,ed prem~isea
• requiring the paymant of the mortgage debt, and it ia hereby agrced that, if such not~ce be given, the said ~lebt shall
become due, payabte and collectible at the expiration of said thir~.y days, and upan the morta.gge indebteciness becom-
~ ing due and payable as heretofore provided, the mortgagor al~nll refrain from collecting and receiving all rents ~ccniing
~ ae aforesaid and upon iaotice fronr~the mortgagee all tenants s:~nll thereafter pay aueh renta to the mortgagee, and any
payment made atherwise shall not discharge the obligations of such tenant, and the mortgagee may immedietely cause
. this mortgsge to be foreclased in the m~nner prescribeci by law, and upon commencement of foreclosure proceedinge ~
shall be entitleci to have a receiver appointed, ~vhether the mortgaged premises are homestead or not and without proof
of t~ny other ground for his appoin!•ment than the said default, to take p~sse.ssion and charge of the mortgnged premises, `
to rent ths same and receive and collectJtha rents, issues and profits thereof, under direction of the court, and any amouat
so colleeted by auch re~eiver ahall be applied under direction of the court to the payment of any judgment rer?dered, •
or amounts found due upou foreclosure of this mortgAge including the cost of collection and reasonabie attorney's fees;
and, in the event of any default or defaults in the payment of the indebtedneas hereby secured, or of any instaltment
~ t~ereof, or of intere~t thereon, or in the performance or observ~nce of any of the terms, coven~nts ar agreenients herein
~ contained, the mortgage~ ehall ha,ve the right forthwith after any such default W enter upon and take pae~saiou of said
f` mortgaged premiees and ta let eaid premises and receive the rents, icssues attd profits thereaf, and apply the same, after
payment of all necessary charges aud expense~, Qn account of the indebtedness hereby seeured.
The proceeda af aaid forecIusure aball be applied, firat, to the expensea incurred hereundEr, includiag a masan-
~ _ able ettorney's fee for sueh eorvices aa may be rendered f~r the collection of said indehtedness snd.the foreclosure of
this mortgag~e; eecondr ta tho payment of whatever sum or sums the mortgagee may have paid or ~eceme liable to pey
in carrying out the optiona, terms and stipulat,iona of this mortgage, together with interest theraon; third, to the p~y- d
ment and satiaf~ctiou of said ttote; arad fourt~, the surplus, if any, shnil tre paid to the mortgagor or otherwiae as the
court may d~cree. .
The mortgagor hereby agreea that, in the event mortgagee sl~~il plac~ the note hereby aecured in the hands of
` an attorney after default or after maturity for cc>ltection or for foreclosure, he ~ii~l pay such re~sonable attotne~'s fees
aa are authorised by Iaw, to~Y~her wi~h the cogt of exf,ending the abstract and a11 court coat~a and al! expenees properly ~
~ paid or incun~gd hereunder, and seune are hereby secured.
The mortgagor~h~reby aasig~s, transfere and conveye unto the mort`gagee, ita succe~eora and aesigns, ~he rents
accn~ed and to accrue from a1Z #enaat~ in oceupanoy of Lhe martgaged premiaes, or any part thereof, including rBntals
- and roya]tiea under oil, gas aad mineral leasee, if any, during the lifetime of thie mortgage, it being underctood t~~at
se long as t~her~ is no default in the perfor7nance or observance of any of the covenante or agreemente herein contnined
the gnortgagor $heJl bave the privilege of collecting and receiving all rents aceruing under leases or ~ontracts af tenancy -
for the martgaged premiaes or ~y part thereof.
The mortgaged premi~es being located in the State of Floride, thia mortgage and the right~ and indebtedness
h~reby ~ecured shaU, a+ithout regard to the place of contract or payment,• be construed and enforced according to the
lawe of the $tate of Florida. • . ;
~ ~iotwithstanding any provision herein or in said note, the total liability for payments i.~ the nature of interest
_~hall not exceed the Iimits now impoeod by the usury tawa of the State of Fidrida. .
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- IN WITNESS ~VHER.E;OF, the said mortgag~rs have hereuato set their hands a~ ~ • ~
. seals this lOth day af November, 1964.
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8igned, aiad ciclivered ia e prae~noe ~ - ~ . , . _ - : .
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. Vin nt 1~.~ cchio •
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_ ~ BTATE OP' FIARIDA ~ ~e~. . , . . . '
~ GQUNTY 0~ ST. LUCIS .
~ - v~A ~i ~ t G ~ ~ ; ~ a,;,y '~w~a ~ ~ m =,?~a f~ .
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• aaid ~tute iwd Countyt do b~+eby oer~t3fY ~ Vincent J. Vecchio ~1 E+~is J. Vecchio
~ . h_i_~_wife, botb af wha~n are to me ~v+ell l~nown, snd kno~rn tc? me to be ~he individwdte deacribed iti -
sad xho ~xe~uted t~e f~ iastniriu,at, personsllY +~gPea~+ed bcsore me this' dsy aad did ee'venlty ~owledg~e
to md beia~ me tha~ t~ey eaeauted eaid iast~umeat far the PurPaee~s therein expreaeed; e~ad the ae?id -
Lois J. Veccbio , weU kuown to me ta be the wife ot e~aid Vinceat J. Veccbio , up~~
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