HomeMy WebLinkAbout1998 ~.y:}~~~{S~'~~r+TJGM~.'L~s-. • . . ~
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of any of the terme, covenants or agreementa of tt?ie mortgage,~then iii any or Qither of aaid eventa, tlie wliole of the
~ iadebteclness hereby ec~cured, at the option af lhe mortgagee ar tt~e legAl halder of ~aid indebtedue~, ehall b6come ~mme-
` diat~ly due ~nd payabla wi~haut not;~~e~ or in tho avent of the ps?ssage tiftp~ tho~dst;~ c` t~h~~ marlgage of aiay law of t~he .
BtaW ot Florids declucting from the value of land for tho purpoge of taxation any lien thenwn, or changing in aqy way
' the la~~ now in foree for tho taxation of mortgnges or debts ~fCured by~ mortgagc~ for 9t.~+tc: or loca! pui~po~es, or the
msnner of tho collectio~i of any aucli taxation e>o aa to sfY~ct thia mortgage fulveraely~ tho holder of thi~ mortgage and ~
` of the debt which it ec~:urea~ ahall havo the rigl~t to give tt»rty d~ a' written notice to the owner of ttie grnnted premises
re
~ requiring the ~?ymont of 1lio raortgage debt, nnd it ie hereby e~gre~cl that, if sueh notice be givon, t,he said debt ehall
~ Eecome due~ pAye~ble und collectible at the expiration oi said thirty daye, and upon the mortaggo indebtednesa becom-
{ ing duo and payable ax heretofuro provideci, the mortgagor ahQll refrnin from collecting and receiving all rents accruing
F aa sforesnid and upcu? notice from the mortgugee all tenanta ~}iail thereafter pay auch rents to the mortgagee, and any
~ , payment madQ other~vi~se ~Liill nuL disch~rge the obligatione of euch tennnt, and the mor~gagec~ may immediately eatdse .
~ thi$ mortgage to be foreclose~l in the manner prescribeci by law~ and upon coinmencement of foreclosure proceeclinga
~ at?all be entitled to have a receiver appointc~cl, ~vl~etli~r the mott~?geci prennis~ are liomeatead or not t3nd without proof .
~ of any other ground for i»s appointment than the said defsult, ty taka poss~essian and charg~ of the mortgaged pt+emises, .
€ to rent l,he aam.e and receive and collect t he rents, issucs and profits thereof, under direction of the court, and any amount
~ so collected by such receiver ehall l~ agplied under direction of the court to the payment of any judgment rendered~ .
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or amounts found due unon forecloeure of thirz mortgage including the cost of collection and reasonable attotney's fees;
antl, in the event of any defautt or defaults in tho payment of ,the indebtednesa hereby eecured, or of e.ny iru3#,allment
~ tt;ereof, or of intete$t there~n, or in bhe performance or observ~ce of any of the termH, covenanta or agreements herein
contained, the mortgagea sl~atl have tho right forthwith after a?~y such default to enter upan and take pac~sion o# eaid
mortgaged premisee and to let atiid premises and reaeive the reats, issuQS and pro&ts thereof, and apply the eame, after
~ payment of ali necessary charges and e~penses~ on account of the indebtednesa hereby eecured. ~
~ The proc~ of said forecloeure ahall be applied, first, Lo the expensee incurred hereuader, includiag a reason-
' ab18 attorney's fee for aueh service~ as may Ue rendered tor the collection of said indebteciness and the fotecloettre of
this raortgago; aecond, to tlie payment of whAtQVer sura or aume the mortgagea rasy have paid or become liable to pay
~ . in carrying out the options, term~•. _~nd etipulatione of thia mortgage, toge~her with interest thereon; third~ to the pay- .
ment and satisfaction of said note; and fourth, the surplus, if any, ehall be paid to the mortgagor or otherwiee as the
~ court may deeree. •
~ ~ The mortg~gor hereUy agrces that, in the event mortga~gee shall place the noLe hereby secured in the ha~nds of
an sttorney after default or after maturity for collection or far;.forecloaure, he will pay such reasonable attorney's fees .
~ ' ss are authoriaed by law, togettier with the coet of extending the abstract and all court costs and all expenees properly
~ paid or incurred hereunder, and saane are hereby secured.
The mortgagor hereby aseigns, tranafers and conveys unto the mortgagee, its aucceseora and asaigne, the rente
accrued and to acerue from all tenants in occupaney o# the mattgaged premises, or $ny part thereof, inetuding rentals .
and royaltie~ under oit, gas and mineral leasea, if any, during'?.he Iifetime of thi~ mortgage, it being unde~stood that
- as long aa there is no default in the performance or observance of any of tha covenanta or agreements herain contained .
the mortgagor ehall have the privilege of collecting and receivici~ all rent$ accnting under leases or contracte of tenancy
~ for the mortgaged premises or any part thereof. ;
' The mortgaged premise~ being loeateci in the State of ~orida, this mortgage and the rights and indebtedness ~S
~ hereby eecured shall, without regard to the place of contract or payment, be construed and enforc~ according to the
~ lawa of the State of Florida.
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: Notwithstanding any proviaion herein or in said note, the total liability for paymenta in the nature of intereet
~ ahall not exceeci the limits now impoaed by the usury lawe of t'he State of Florida. ~
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IN WITNESS WHEftEOF, the said mortgagoxs have hereunto set their ~ande and ~
~ seals this 17thday of December, 1964. ' - j
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'~S ~ 8i~ned, ed an de e ' the nce of - _ ~ .
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~ ' . . John . tran . . .
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~ . ~ Anne ~S. Strange ~ .
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~ ~ STATE OF FLORIDA ~ • - ~ : ~ '
_ - ~ . COUNTY OF • ST. IdIC~B . ~ . . , ;t~:: . ~ . ~ . . . ~ ' ~
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E . I, Sam C. ('~~+y . , sa officer~ duly aut~horised fi~o~ take acknowledgnaent~, in a1~d for
i ~ eaid ~tate and County, do hereby certify tlwt ~ Jot~a W.° .~tr~age and Aane S. Straage !
K ~ . , his wife, both of whom are to me well lnuo~m, aad knawn to rae to be the indlvidw~la daeribed ~ia ~
sad wha executed the fore~oing iustrum?ent, pereanally sppei~red be~ore me t~his dny nod did ~ever~lly ~rcknan?led~e ; .
• to and before me that they sxecutsd e~id instnunent for t6e:~rposes therein expreeeed; nnd the ssid , ~
Aaae S. Strange , well known to me to be tt~ wif~ a~eaid J~ W. . Straage > uPd?
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