HomeMy WebLinkAbout0602 The tot.al amouc~t of indebtedness secur~d ; this Mortgage shal l not, exceed ~ 26,16A.8t~ ;
t~lortgago~ fully warrants the title to said land and will d~fend the same against the
law~ful claims of all persons whomsoev~r, and agrees: ~ •
1. To make all payrnents requlr~d by Lhat-note and this mortgage promptly
when du~. . -
_ 2. ~'o pay a~ 1 taxes, assessriwnts, ~ 1 iens and encumberances on that prc~perty ~
pro;nptly when due. ~ ~
If they are nat pranptly paid the Mortgagee m~y p~y thQm without waivi~g the ~
; option ta foreclose, and s~^h p~;~;~nt~~ with inter~st ther~on fram the d~t~ a~ p~~m~nt
. at the $ame rate as specified in that note, sha~l also be secured by this Mortgage. _
: 3. To carimit, pe~•mft, or suffer no waste, impairment or deterior~tion U~"
the mortgaged ~roperty. ~
. 4. To pay all expenses reasonably incurred by the Mortgagee because of fa~l-
: -ure of the Mortgagor to comply with the agreements in that note a~ this Mortgage, in-
cluding reasonable attorney's.fees and t3tle searches. The cost thereof, with in-
terest thereon from the day of payment at the sam~ rate as specified in that note,`
sha11 also be sec:ured by this hbrtgag~?.
~ ~ 5.~ To permlt no_assumption of this Mortgage without the prior written con-_ °
_ sent of Martgagee. ~ ' _
6. If any payment provided fior in that no~e is not paid within 30 days after. -
it becomes due, ar if any agreement in this mortg~ge other than the agre~ment to make
. the payments is breach~d, the_entire unpaid principal balance nf that note sfiall im-
mediately become due at the option of the h(ortgagee anci Mortgagee may foreclose this ~
~ mortgage in the manner prnvided by law, and have fihe mortgaged pr~operty sold to ~
satisfy or apply on the indebtedne~s hereby secured. . ~
- 7.~ The_rents and profits of the mortgaged property are also hereby mort- -
9aged and if proceedings to foreclnse this mortg~ge,shall.be instituted, the cour~
aaving husisdiction thereaf should.appoin~ a receiver of~the mortgaged property and
pp y t o e r~r~ts and profits to thE indebtedness her~by secured, regardl~ss of the
solvency of the Mort~agar or the adequacy ~f the.security. - ~
: 8.. Neither Mortgagor nor any party liable for the indebte~ness se~~red hereby _
~ shall be required to pay ir~teres~ ;n exc~ss cf the rate allowed under the laws of
` the Stat~ of Flor~ida. The intention of the par•ties is to conform strictly to th~ ~
~ usury laws, and it is a~reed that ar~y contract for interest secured ~ereby shall b~ _
_ subject to reduction to the lawful amount. ~ ~ -
• - _ _ - _ -
- - _ _
- -
IN WITNESS 41NEREOF, the h4ortgagor has hereunto~set his hand and seal the day ~
- and year first above written. _
~ Signed, Sealed and Delivered - - - .
- in the Presence of: _
. ~ , ~ , .
_ ~
~ ~ . . . _ _ _ _
< • , ~ ~ I.. _ . - , ,
: ~~tnesse to t e ortgag rs -
STATE OF ~/U Q.~ ) SS -
~ COUNTY OF s7~~vG: c-" ) -
: I hereby certify th~t on this date! before me, a Notary Public duly authorized _
- in the State arid County named above, to take aknowi~edgaments, personally appeared
_ . - o ~v ~ I z~ ~ ,C ~/e F .v ~ ,5 - - -
= to me knawn to be t e person or persons descr b2d as Mortgagor-in an~ w o execute t e
~ -fo~•egoing mortgage and acknowledged bef~re me the execution o~ same. - ~ ;
: _ I~i`tness my h~A d a~Q d official s~al in the county and state nar~ed a~ove this . ;
` ~ -`~L~daY qf ~ . ~ ~ 9 7~
~
- I
~ ``~~11i;'.~el~:;~Jf1j~:3 - . _ ' ~ - - - ~ - ~
_ r. - . " - . - - . . ' ~ . '.'~v
; I~'Y~ ~u+~itfi~~~f~'~~'~~i res : , - ; - - - _
f ~
~ • ' ~ -l - ~
; t _2 ~ s , ,a,~ .C, _ _ -
:r f:9 k~`" ' _ . ~ ~ ~ - -
r ~.-~~;;~yca:~~~. ~
~ . _~tary Pu~ c - _ _ -
-r.~, ~J~~; ~ - . . _ Axi pECQRDE6 ~ _
- FIl.EO ,
~~~~~5•.,insY~r~ili~eri~:.~r~~ared by: . - sj. Ro~~EPC~O~~RAS R~~
RX ;~CWj COl
£ ~ _ `~i. : - , • 't, i ~ - . C LE ~ -
` -~~~~JltliN
1t~i\~ti~~~~. - - . . , . . - - p[~ORh VEa±F9ED r,~-+~'r
- : ~ . " . 800!(~~a7 ~4~f ~ ~2 56 ~N'~~3 .
: ; i
~ . . - _ : ~o~~~~= : ~
~ . ;