HomeMy WebLinkAbout0587 ~ The tatal amuunt of indebtedness secured by this MortgagP shall not exceed ~~.~~84 Q.00
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Mortgagor fully wa?•rants the titl~ to said land and will defend ~he sam~ ayainst the
lawful claims of all persans whoms~ever, and agrees:
. l. To make all pay~i~nts required by that note and this mortgage pro~nptly
when due, -
~ 2. To Qay all taxes, assessments, liens and encumberances on that property ;
prornptly w~en du~: . ~
_ If they are n~t-promptly paid the Mortgagee may pay them without wdiving the ~
option ti, foreclose, and such,~ayments, with interest thereon Trom the date of payment f
at the sa~~?e rate as sp~cified in that not~, shal~ also be secured by thi~ Mortgage. ~
3. To commit,-p2rmit, or suffer n~ waste, impairment or deteriora~ion of ;
~ ~ the mortg~ged property. - _ - _ - .
- To pay all expenses reasonably incurred by the Mcirtgagee because of fail-
; ure of the Mortgagor to comply with the agreements ir~ that note or this htortgage, in- ;
cluding reasonabl~ attorney's fees and title searches. The cost thereof, with in-
. terest ii.~reon-from the d~y of payment at the same rate as specifi~d in t~hat note,
snall also be secured by this Mortgage. -
5: To permit no assump~ion of this Mortgagc: ?~iithout the prior written ^on- -
: sent of Martgagee. . ~ _
6. ~If any paYment~provided~far in that note is not paid ~ithin 30 d~,s ~ft~r -
: it beco~~~~s duet or if any,agreement in this mortga~e other than the ag;~ement to make
the payments-is breached,-the entire unpaid principal balance of that note shall im- -
mediately become due at the aption of the_Mortg~ge~ and Mortgagee may for~cl,ose this
- mortgage in ~he manner p?^ovided by ~aw, and have th~ mortgaged property sold to
: satisfy or apply on *he indebtedness hereb~e secured.
~7. -The rents and ~rofits of the mor~gaged prop~rty are also hereby mort-
: gaged and if proceedings to foreclose this mortgagQ shall be instituted, the Gourt
having ~urisdiction ther~of should appoint a receiver of the mortgag~d property and ,
apply those rents and profits to the indebtedness hereby secured, r~gardless of the -
solvency of-the MortgaSor or the adequacy of the security..
~ 8. Neither Mortga~ar nor any party liable for the indebtedness secured hereby -
~ shall be required to pay interest in excess of the rate allowed under the l~ws af
~ the St~te of Florida. The intention af the parties is to conform strictly to the
_ usury laws~ and it is a~reea that any contr•act for interest secured here~y shall be _
~ subject to reduction to_the ?awful amount.~ -
_____IN WITNESS WHEREGt, ~he Mortgagor has hereunto set his hana and seal the day
a~~d year first above ~rritten. . -
_ - Signed, Seale~ and Delivered
: ~ i n re nce o~ _ -
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s W tnesses to the ortgagors -
STATE OF FIoR.toQ ~ SS '
~ COUiVTY OF fT. L•~ ~ ~ ) ~ . -
I hereh,_~ertify that on this date, before me, a Notary Public duly authorized
in the St~~~ and Cp unty named above, to take a4cnowledgements,-personally appeared
A -nr~,. w J ~ ~ E , ~ r - .
to m~ known to be the person or pers4ns descr bed as Mortgagort in ~n w o exECUted t e
~ forega7ng mortgage and acknawl~~ged before~me the execution of same.
= Witness my hand and off~c~al seai in the county and state named abave this - ~
_ ! ~ . daY.; of , 19 'r•
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