HomeMy WebLinkAbout0599 ~ i
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The rotal amount of ir~debtedness secured by this htor,tgac~~ shall not exc~ed ~31,28~.00 . ~
N,ortgagor f~~lly warrants the title to said land and will defend the same ~gainst the
l~wful clalms af all persons whomsoe~er, and agrees: ~
1. To make all payments required by that note and this mor~gage promptly ~
wh~n due. ~
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- 2. To pay all taxes, assessments, liens and encumberances on that property ~
_ promptly wher~ due. ~ _ _ .
If they.~are not promptly paid the Mortgagee may pay them without wa~ving the ~
- option to ~foreelose, and such payments, with interest thereon from the date of payment
at the same rate_as_spectfted in that note, shall also be $ecured by ttiis Mortgag~.
_ 3. to commit, permit, or suffer no waste, impairment ar deterioration of
- the mortgaged propPrty. _ ;
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. 4.~,To pay all expenses reasonably incurred by the Mortgaqee because of ~ail- _
ure of th~ Mortgayor to comply with the agreements in that note.or this h1-c~rtgage, in- €
cl udi ng reas~nabl e attorne~r's fees_ ar;d ti tl e searches . The Gost thereof , wi th i n- _
` ~ terast thereon f~om the day of payment at the same rate as specified in that note, t
shw~ l al so be secur.ed h~~ th :s hlorti~ac~e. - - !
" 5. To pernit no as~umption_of this Mortgage without the prior written con-
sent of Mortgagee. - _ '
. 6.~ If any payment°provided for ~n~that no~te is not paid within 30 days after ~
: it becomes due, or if agreement in this mortgage other~ than ihe agreement to make ~
the payments is breached,-_the-eritire unpaid principal balance of that nQte.shall im-
~nediately become due at-~he option of the ~iortgagee and Mor.tgagee may Forecl.~se this
~ mortgage.in the manner-provided by law* and have the mortgaoed Rroperty sold to
satisfy or apply on the indebtedness hereby~secured. - ~
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~ 7. The rents and prafits of the mortgaged property are also hereby mort- `
gaged and if proceedings to foreclose this mortgage shall be instit~ted, the court _ ~
having jurisdiction thereof shouZd appoint a receiver of the mortgaged property and ~
apply those r~nts and profits to=ti~e indebtedness hereby secured, regardle~s of the `
soivency of tihe Mortgagor or.the adequ~cy of the security. ~ ~
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` _ 8. Neither Mor~gagor nor any party liable for the indebtedness secured hereby
' shal-1 be required to pay interest in excess of the rate allowed under the laws of
= the State of F?orida: The intention of ~he parties is to conform strictly to the ~
~ usur~ laws, and it-is agreed that any contract for interest s~cure~ hereby shall be j
_ subject to reduction to th~ lawfu.l amount. ~ - ;
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~ IN WITNESS WHEREOF,.the Mortgagor has hereunto set his hand and seal the day -
. and year first above written. ~
_ Siyned, Sealed and Delivered- - - _ _
in the Presence of: - - -
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As ~tnesses o t e Mortgago s ;
_ STRTE OF ~joQ.i s4 } SS -
COUN1'Y OF ST. G~+~e~i'_ ) -
t% . . . . . _ ~ ' . . _ ~ . _ . .
I hEr•~by certify that on_~his date, before me; a Notary Public duly authorized
~n the S~ate and County named above, to tak aknowledgements, perso~alJy appeared
- ~~o..~ LGt s ~ ,1 LC., '
to me known to ~e the persan or persons d scr bed as Mo~tga~~r n a~d w o~xecuted t~ie
_ foregoir~g mortgage an~ acknowleaged before me the execution c~f same.- E
=s Witness my han~ ar:~ off cial seal in the county and state named abAVe tt~is ~
t_ ~_day af ~ _ . > 19~ _ _ i
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' `l~lttiilil/t~~~~" - - - . - ~
_ Mya~~~3Stoc~''~~pi res : . - - - _ : - - ~ -
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~,•~,,~.~~i~ atary ~b ~ ST~l.UCAE C~JUkfY FIA.
- 'F~'~~-;~~'~}p~~'~-~ R~'~Pared by : = - : - _ aocEn ~o!TRas _
/ , , J-:... - CLEKK ~IiiCUIT GOURT ~
Y - Q - = REr,na(! YER~~~r~~._..
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~ ''``',~};;f~s,;,;;'~``' - ~ ~00~2~ F~~~-~ -~J~ M~Y 6- i2 s6 PH'Z~
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