HomeMy WebLinkAbout0611 ~he total arrount Qf indebtcdne~5 secur~:J by this hlortgage shall not exceed ~ 16,a96.00
Mor•tgagor f~lly warrants the ti~le to said iand and w111 def~nd the same against the
lawful claims of all'p~rsons whomsoever~ and agr•~es: ~
l. to make all payments rec~uired by that note and this mortgage promptly ;
wh~en due. ~ . }
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- 2. To pay all taxes, asses~ments, l~lens and encumberances on that prflperty ~ ;
promptly wh~n du~. . ~ ,
. Ifi they ~re r.et pranptly paid the Mortgagee may pay them wlthout waiving the
aption to for~close, and such payments, with interest thereon from the date of payment
at ~h~ same rate a~ ~p~~if~ed in that note, shall also be secured by.this Mortg~ge, ~
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3. To commit, permit, or suffer no waste, impairment or deterioration of x
. the mortgaged property.
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4. 7o pay all expenses reasonabjy incurred by the Mortgagee because of fail- ~ ~ ~
ure of the Mortgagor Lo comply with the agreements in that note or this Mortgage, 1n-
cluding reasonabl~ attorney's fees and title se~rches. The`cost ~hereof, with in- -
terest thereon from the day of pay~~ent at th~ same rate as specified that note,.~ '
shall a~so be secured by this Mortgage.
_ 5. To ~ermit na assumption of this Mortgag~.without the prior written con-
_ sent of Mortgagee. - -
6. If any payment provided for in tha~ note is r~o~ paid within 30 days after
it becomes due, or if any agreement in this r~~rtgage other than the agreement to make - '
the-payments is breached, the entire unpaid principal balanc~ of that note shall im-
mediately ~ecome due at the optian of the ~lurtgagee and Mortgagee may foreclose this ~
mortgage in the manner provided by law; and have the mortyaged Groperty sold to '
. satisfy or apply an the indebtedness hereby secured. - : ~
7. The re::ts and profits of the mol~rtgaged property are also hereby mort- ;
gaged"and if proceedings to foreclose this mortgage sha~l be instituted~ th~ court {
_ having ~urisdiction thereof should appoint-a receiver of the mortgaged praperty and ~
- ~apply those rents and profits to the indebt4dness hereby secured, rega~dless of the
s~?~ency of the Mortgagor or the adQquac~r of the security. _
~ 8. Neither Mort~agor nor any party liabl~ for the ind~btedness secured hereby '
- shall be reqaired to pay interest in excess af the rate allowed ~inder the laws of.
_ - the State of_Florida. The intention of ~he parties is to conform strictly to_the #
usury laws, and it is agreed that any contra~t for interest secured hereby shall be {
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subject to-reduction to the lawful_amount. - ~
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~ - -IN WITNESS WHEREOF, the Mortgagor has hereunto set his hand and seal the day- ~
-and year first above Written. -
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~ : Signed~ Sealed and DeiivPred ~
€ ~ in the res nce - . I ~ - - _ :
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_ As W tnesses to the Mortgagors
STATE OF ~Io214~+1 ) S~ ;
_ COUNTY OF s r,1~+~~ E) _ _ ~
_ _ I hereby certify that on this date, before me, a Notary Public duly aut~oriz~d . ~
in ~he Stat and County~named above, to take aknowledgements, personally appeared
~ ~e i
e. c k s~ ~ - i
~ to mA known to be the person or pPrsons descr be:l-as_ Mortgagor n and w o executed t e- ~
~ furegoir.g mortgage and ~ckno~le~ged b~fore me the executi~n of same. ~
€ - Witness my.hand an affic~al seal in the county and state named above this - :
` ! T- day of A - 19 `7~. ~ ~ ~
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