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HomeMy WebLinkAbout1994 . . of ~ny o! the terma, coven~nte or agreementa of tliie mortgagc~, ~hen in ~ny or either of eai~l evente, tho ~vh~le of the indebteclneag hereby secured, at ~ho option of i,t~a m~rtga~e or tha legal holder af eaid indebie~.inese, shall l~ecooae imme- ~ diately due and payable without notice, or in the event of t~he pa~age s+l'ter the dato ot' Lhi~ mortgage of any law oi the ' $tate of Florida dec.tueting from the value of land for the purp.~s8 of taxRtion Any lie~n thet~con, or changin~ In any way • ` th0lawa now in force for the taxation of mortgages or debta seoured by mortgagoa for State or local purpoBea, or tha ; t mRnnQr of the collection of any aurh t~xat'son so as to at~eot Lhid mortgage adversely, tlie holc~er of this mortgage and of the debt which it secuYCS, ah~lt h~ve tho right to give thirty ~t~ye' ~vrittcsn noticQ to tho o~vnor of tho granted preraiee~ requiring tho payn~ent of the ntortgage clebt~ ancl it is hereb~t a~te~d that, if such notice be given, the snid debt ahall ; become due~ payable and colleetiblu at the expiration of said th~tty days, and upon the mortagge indebtecinesa becom- y`~~ ing duo and payKbla a~ herot~fore providecl, tho mortgagor shall~lrefrain from collc~cting and receiving alt rents accruis~g ~ ss afore~said And upan notice irora the mortgagec~ all t,enanta ahall thereAfter pay such renta to +~he mortgagee, and Any 6~ payment made otlier~viae sh~ll not discliarga the oUligatione of such tenAnt~ and the mortgagc~ msy immec~iately cause ~ thi~ mortgage to lx~ forc.~loseci in tlie manner prescribeci by Ia~; and ugon commencarnent of foreclosuro proceedinga ~ ehall be entitled to have A receiver appointed, whether tha mo.~~igetl premises are homestead or not and without proof ~ o~ any other ground for hi~ appointment th~n tho said default, t~ take possession and charge of the mortgaged premises~ _ ~ to rent the same and receive a~ad collect the rents, iesues ana profit$ Lhereof, under direation oi the court, and ~iuy eunount ao collecteci by auch receiver ahnli bo appliecl ~under dir~tion o~ the court to the payment of any judgment rendered, ~ or amounta found due upon forectosure o£ this mortgage includif?g the coaL of collection and reaaonable attotnQy'e feeA; ~ and, in thQ event of any default or defaults in the payment of the indebtedness hsr~by s~curecl, or of any inetallment thereof, or of inturest thereon, or in thQ performance or ol>serva~itce of any of the ternas, covenants or agree~nents herein ~ contained, the morLgagee aha11 havo the right forthwitli after any such default 4,o enter upon and take possession of said mortgaged premis~ and to let said premisea and receive the xeu~e~ issues and profits thereof, and spply the aa~.e, after . ~ payment of all necessary eharges and ~acpenses, on account of t~ie indebLeclne~a hereby aecured. The prceeeds of aaid forectoeure ehall be applied, firet, to the ~xpenaes incurreci hereunder, includiug a season- able attorney's fee for such eervices as raay be rendered for thla;cottection of sa~id ind~btedness and tl~a foreclosure of ? this mor*.rgage; secoad, to the payment of ~vhatever ~um or sumt~ the mortgagee may have paid or become liable to pay t. in carrying out the options, terms and atiputations of this mor~gage, together wit~h intereat thereon; thirci, t,o the pay- ~ ment and satiafactian of said note; and fourth, the surplus, if ~ny, ahall be paid to the mortgagor or oth~rwiae as the ~ court may decree. ~ : k The martgagor hereby agrees that, in the event mortgsgee shall place the nots hereby secured in the handa ot ~ an attorney after default or after maturity far coltecfi,ion or for~for~loaure, he will pay such reasonable attorasy's fees z ~ as are authoriLed by law, together with the eoet of extending tlie abstraet and all court cost~s and alI expetu~ properly ~ p~id or incurred hereunder, and s~me are hereby secured. i: ' . t The mortgagoT hereby assigns, transiere and conveya utit,o the mortgagee, ite euccessora und aesigns, the rente f~ accrued and to t?ccrue from ~11 tenanta in occupancy of the mortgaged pre~aieea, or anY part thereoE, inc lu ding ren t a f s f and royalti~a under oil, gas and mineral leases, if any, during(~he litetime of this mort~gage, it being undeietood that aa long ae there ie no default in the performance or observanee ~of any af the covenante ar agreemente herein c,ontained - g the mortgagor ahall have the privilege of collecting and receivi.ug ali rent8 sccruing under le~es or contracta of tenancy t . for the mortgsged premises or any part thereof. , . . ~ The mortgaged premises being tocated ia the State ot~ ~"lorida, thi$ mortgage and the rights and iridebtedaeee i hereby Becured shall, without regard to the place of contract dr payment, !~e conatrued and enforced accocciing to the ~ lawa of the State of Ftorida. ` . - ' Notwithstanding any provieion herein or in said note, e~ie total Ii~bility for paym~nta in the nawre of int~~est ~ ~ shall not exceed the limits now imposed by tiie usury laws of ~he Stat,e of Florida. ~ ' . ~ ~ IN WITNF.S3 WHEREOF, the said mortgagors have hereuato set their haade and seale ~ tbis 17 th ~lay of December, 1964. ` ' ~ ~ " ~ ; . . ~ ~ ~ ~ - ~ . . - , f ' " ~ . € ~ ; ~ _ • . . ~ . . • . ~ ~ : ' ' . _ ~ ~ Signed, ed and -delivered ' the preeence oi ~ ~ . . - ~ ' . ~ --^j=--- - - i: - - - - .;,~BEAL). : - - - - , - ~ ~ f j _ James A. r ~ - - - ='t:~!'-°_`~----- - L) ~ - ~ _ , _ . y Lee Strange . _ - ~ ~ - , ~ ' • ~ ---(9EAL) _ <; : - f ~ . ~ ~ . t ~ . -(3~) - . ~ . } - . - + 4 t., Z . i/ _ ' - . . . . . ~ . . . ~ . K . . ~ ~ ' STATE OF FIARIDA " t . . ' ~ ~ - , C4UNTY OF . ST. LUCIB ` . ~ t . ' - . " . - . . . • ~ ' ~ ~ " . ~ ~ : E . . . ~ . . ~I, Sem C. Oay ~,~aa oQioer duly ,wt~k,orisred to take ~ckn~ts ia aad f~_ ~ as?id 8tate aad County, do hereby c~ertify thst .J~ae~ A~~; Strsnge ~ ~Y, Lee Stxa~nge - ;~his wifs, b~th d whoa4 sr+e to me xell _kn~tlwn, ~ad-knowa tti mo to be the u~dividw?Is de~aribed in awd wha ezecuted t~ foregoing ~t, peraonallY a?P ,pg~rec~ b~o~e me this day iiad did eevenUy ~?ekaowledge ' . to ~?r?d before ine that they exocuted ex?id iastniment fa~ the~pur~c~es thereia expreaeed; s?nd t~he saki ~ • M~ary Lee S~range , areA known to ine to be the wifa said . , uPat ` A` . , . ; James A. 3traage ~ . - , • ~~RK ~O ~ Fbi~E ~~33 , _