HomeMy WebLinkAbout0593 ~ The tota~ amount of indebtedness secured t~y this Mortg~ge shall not exceed ~22~120.0~
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Mortgagor fully warrants the title to said land and will defend th+e same against th~
tawful clatms of all persons whcrosoever, and agrees:
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l. To make all payments required by that note and this mortgage prorrptly ~
when due. ~ ~
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. 2. To pay all taxes, assessmentsf 'liens and en~umberan~es on that property ~
promptly when due. ~ ~ ~
If they are not pranptly paid the Mortgagee may pay th~m w3thout waiving the
option ~o -~orecl~se, and such payments, with int~rest ther~on from the da~e of pa,~rment
at the same rate as specified in tha~ note, shall also be secured by this Mortgage.
_ ~ 3. To commit, permit, or suffer no waste, impai~rnent or deterioration of - '
the mortgaged property. . ~ - f
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- To pay all expenses reasonably incurred by the Mortgag~e because of fail- ~
ure of the Mortgagor t~ comply wiCh the agreements in that note or.this Mortgage, in-. ~
cluding reasonable~aLtorney's fees and title searches. The cost th~reof, with in- ~
terest thereon from the day of paymer~t at the same rate as specified in that note, }
_ shall also be secured by this Mprtgage. ~ ~ ~
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5. To-permit no assumption of this Mortgage without.the prior written con- '
sent of Mortgagee. ~ _ ~ ~ ~ _ ~
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~ 6. If any payment provided for in that no~`e is nQt paid within 30 days after -
. it becomes du2,.or if any agreement in this mortgage other than-the agreement to make ~
. the payments i_s brsached, the ent:re unpaid principal balance of that note shall im-
~ mediately become due at the option of the Mortgagee and Mortgagee may foreclose this ~
. mortgage in the manner provided by law,-and have.the mortgaged property sold to _ ~
~ - satisfy or apply on the indebtedne~s hereby secured. -
- 7. The rents and profits of the mortgaged p~operty=are also hereby mort- `
. gaged and if proceedings to foreclose this mortgage shall be instituted, the court_ -
~ 'having ,~urisdiction thereof~shauld appoint a ~^eceiver of the mortgaged property and :
apply thuse rents and profits tu the_indebtednes~ hereby secured, regardl2ss of the. ~
- solvency of the Mortgagor or the adequacy of the sece~rity. }
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~ 8. Neither Mortgagor nor any party liable fior ~he-indebtedness secured hereby ~ :
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shall be required.ta pay interest in excess of the rate allowed ur~der the laws of _ ;
. the State of Florida_o The intention-af the parties is to conform strictly +~o the ~
~ usury laws, and it-is agreed that any contract.for_interest secured hereby shall be _
- subject to reduction to the-lawful amount. ~ _ i
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IN WITNESS WHEREOF, the Mortgagor has hereunto set-~is trand and seal the-day ~ j
E and year f i rs t above wri tter~ . - . ~
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i Signed, Sealed and Delivered _ ~ ~ _ - ~
i~ th~ Prese ce of: . ~ ~
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. - ,f~ ~ ~e-~ ~ . , ~t.e..7~ ,
~~~~~~t~~ F,s Witnesses to the Mortgag~rs
- - STATE OF t-J/o~i i ~ ) SS . _ ;
E_ - COUNTY QF sT •~.v ~i~ ) _ : ~ ~
- I hereby certify that on this date, before me9 a Notary Public duly au~horized ~ ~
- -in ~he,$tate and County named above, to take aknowledgements, persor~~lly appQaf•ed
` ~~~~f ~ f~ R ,t? ~ ~~.~J~ ; ~-~~I
AjY E S ~ N ~ ~ ~
` to me known to ~e t e person ar persons descr bed as Mortgagar n ar.d w~ig exe~ute t~ --J.
foregQing mortgage and acknowjedyed before m~ the execution of same. ;
WitnesS,my hand~and official sea~ in the county and state named above this ~
--~_~___d~y of_ ~f~i / ~ , , 19~• ~
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