HomeMy WebLinkAbout0614 The total amount of indPbted~~ess secured by this Mortyage shall nat excee~ ~ 23L~OO.OG
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Mortgagor fully warrants the-~title to said land and will defend the same agai~zst the ~ j
. law~ul claims of dll persons whomsoever, and agrees: 4
1. To make alt payments requtred by that not~ and this mortgage promptly {
when due. j
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2. To pay all taxes, assessments, liens ond encumber~nces on that propPrty ~
promptly when due. - - ~
If they are noL promptly paid the Mortgagee may pay ~hem without waiving the
. opt-ion to foreclose, and such payments, with interest therson from xhe date of parnent ~
at the same rate as'specified in that note, shall also be secured by this Mortgag~. f
3. To commit ermi ~ ~
, p t, or suffer na waste, impairment or deterioration of ~
the ?nortgaged propert~/. - ~ ~
- 4. 7o pay a11 expenses reasonably incurred by _the Martgagee.because of fail- ~
ure of the ~fartgagar to comply with the agr~e;~ents in that note or this Mortgage, in- ~
cludfng r~asnn~ble attorney's fee~ a~d title searches. The cost thereof, with in-
tere~t there~n from th~ day of payment at:the:same rate as specified in th~t n~te,
. shall also be secured t,y this hlQrtgagP,-. ~ {
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~ ~ 5. To psrmit no assumption~of th~s Mortgage without the prior written con-
sent of Mortgagee. - ~ - .
: 6, If any payment Qrovided for in that note is not paid within_3~ days after ~
~ it becomes due, or if any.agreem~nt in this mortgage other than the aqre~ment.to make
= ~he payments is breached, the entire unpaid principal baiance of that nate sha11 im~
: mediately become due at the option of the t~lortgagee and Mortgagee may foreclase:this
mortgage in the ma~ner provided hy l~w, and have the mortgaged prop~rty sold to - ;
satisfy or apply on ~.he indebtedriess hereby secured. ~ • ~
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~ ~ 7. 7he rents and profits of the mortgaged property are also her~b~r mort-
- gag~d and if~proceedings to foreclose this mortgagz shall be instituted, the ~ourt ;
_ having jurisdiction ~hereof shauld appoint a receiv_er of the mortgaged property and ~
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apply those rents and profits to ~;h~ indebtedness hereby`secured, regardless of the ~
_ ~ solvency of the hl~rtgagor or the adequacy of the security. _ - .
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- " 8. Neither Mortgagar nor any party liabie for th~e indebtedness se~ut~ed hereby ~
~ shall be required to pay interest in excess of the rate allow~~d under the laws of
= - the Stat~ of Florida. The intention cf the parties is to conform strictly to the - ~
usury laws, and it is agreed that any contract for inL~r~st secured hereby sha~l be ~
` sub,ject to reduction_,to the lawful amount. - _
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` I~l WITNESS WHEREOF, the Mortgagor has hereunto set his hand and seal the day
: and year first above written. ~ _ , _ - -
- Sign~d, Sealed and Delivered . ~ ~ - - _ ~
- = . i n the Presence of : - . _ - - ~
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. ~~'"i~-~'~+ V V " V- .
- s tn~sses to t e Mortgagors . . - ~
STATE GF,C~a ~c.~ ~.~c: e 7~ a:~-~ ;
~ SS - 1
C4UNTY OFt/~ 1-'f ~
`h l~ ) ~ ~ ~
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~ I hereby certify that on thi~ da~~, before me; a Notary Pub~ic duly authorized _ ~
F~ in ~he State and C~unty named abov~, to tak kn~wl~dgements, pe onally appeared
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_ to me knoyrn to be the p~rson or~~grsons descr ~ed as Mortga~or n an o ex~cut t~ie
foregoing mortga~e and acknowledged before-me ~he execution of same." ; ~
~ _ ~ Witness my hand a d official seal in the county and state r~amed above this ~
_ • JV day of ~ ~ 1 E. . ° , 19_~_~ - :
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~~.,~''y~•Cor+~#'#~~ion ~xplre~: - : ~ - - ~
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a ~ • r~~S ~ t( • ~ ' ~ ~ ~ ~ - ~ FIIED A!~~ .°•ECGc~OE _ .
~t~~nt prepay ed by: ~ t~ - _ C C~/U~NZY flA• ~
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