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lhe total a~~~ount of ~nc~ebt~dness sECUred by ti~is PSot-tyage shal l not ~exceed ~ 12,75G.00~, ~
Mortgagor fully warrants the tltle to said land and wiil defend the sar~ie ayainSt the
= lawful ciaims of all persons wh~msoever, and ayrees:
1. To make al~ paynnents rPquired by that note and this mortgage promptly - ;
when due. i
~ 2. To p~y all taxes, assPSSments, lierss and encumberances on that propert~
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" promptly when due. , ~ ~
If they are.nat pranptly paid the Mortgagee may pay them without waiving the
. option to fof~eclose, and such payments, witt~ interest ti~ereori from the date of payment
a't the same rate as specified in that note, shal~ also be secured by this Mortgage.
' 3. To eamnit, permit, or suffier no waste, im~airment or d~terioration of
; the mortgaged property. _
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4. To Qay ajl expenses reasonably incurred by the Mortgagee because of fail-
~ ure ~jf the Mortgagor t~ compl~ with the agre~ments in that nott ur this Mortgage, in-
~ r.luding reasonable attorn~y's fees and tjtle searches. The cost thPreof, with in-
~ ~ teres~ thereor~ from the day of payment at the same rate as specifiei in that nate, -
` -shall also be secured by this Mortgage. - -
5. To permit no assumption of this Mortgage without the prior Written con-_
: sent c~f Mortgagee. _ . ,
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~ 6. -If any payment provided fior in that note is not paid within 30 days after _
it becomes due, or if any agi°eearent ir~ this mortgage other than the agreement to make
~ the payments is breached, th~ entire unpaid principal balance of that no~e shall im-
mediately become due at the option of the Mortgagee and Mortgage~ may foreclose this
mortgage in the manner~provic_led by law, and have thQ mortgaged property sold tA ~
satisfy or apply on the indebtedness hereby secured.
~ 7. The rents and~pr~ofits of the mortgaged property are also hereby mor~L-_ -
gaged and Sf proceed~ngs.to foreclose_this mortgage shall be instituted, the court
- having jurisdiction th~reof should appoint a receiver of the mortgaged property and
apply those rents and profits to the indebtedness hereby securecl, regardless ~f the
solvercy af the Mortgagor or the adequacy of the security. _ ~ ~
_ 8. -Neither Mortgagor.nor any party liable f.or the indebtedness secured hereby
shall be required to pay interest in excess of the rate a3lowed under the laws of
the State of Florida. The intention of the pari~ies is to conform strictly to the
usury laws, and it is a~~reed that any contract for interest secured hereby shail be
= subject to r~eduction to the lawful amount._
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IN ~lITNESS l~HEREOF, the hiortgagor has h~reunto ~et his hand and seal the day
and year first above written. - ~ . -
: .Signed, ealed and Del vered ~
in _ e e uf • ~ ~ -
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I. _
i~° As '~f tnesses to the Mortgagors _
- ~ .
- STAi E OF ~i ~ ) SS ~
COUt~TY OF ,l'y~-~ (.~e~~F _ ) - -
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4 ~ . . . ' - ' . ~ . - _ .
~ I hereby rertify th~t on .this date, before me, a Notary Public duly authorized
.i n the State and Coun ty named ab~ , to ~a~e_ akn~i edgements personal ly appeared -
~ _ . ~f - - -
~s. s ~ - . ~ ~ r
to m~ known to be thQ person or persons desc be~ as Mc~rtgago~
ni and w o execut~d ~t e
~ foregoing mortgage and acknowledged before me the execution of same.
~ Nitness m,~ ha and of i_cial seal -in the cour~ty and~ta~e named a~ove this
z_ _ -
r ~ day of ~ _ , 19~. _
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~ti~tlilt)rr ' - - -
~ My:~~.~~t~s~~o~~~~xpires: _ _ _ , _ - -
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~ =.~fi~s ~rt~r~e~~r~pared by: - c~EF:~. F~::~JlT CQURi ~~r
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~ - ~n~iii?u?t~~~ _ . BOOK PAGE NAY 6 S6 . ~~3
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