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Home My WebLink About0929 niv~w--- , it. Craditor may make Or Cause to be~ made reaaonable entriea upon end inspections ol the property, provided thet Creditor shell give Mortgapot(a) notice prior lo any euch inspecUon specirying reasonAble cauae therelore related to Creditor'a interest in the ptopeny. 12. Theproceedaolanyawardotclalmlordamagea,direciorconsequentlal,inconnectionwlthanycondemnatio:~orothertakingoftheproperty, or part thereot, or tor conveyance in Ileu of condemnation are hereby easigned and ahall be paid to Creditor as vrell as the holder ol any prior encumbrance whiCh i~ sp9cifically deacribed hereinbelovr, as their intereeta may appear, not to exceed the sum of emounte due each. ~ 13. Extenaion of the time for payment or moditication oi emortizetion oi the aum aecured by thia Mo?tgage shall not operate to releaae the tiability ~ ot the original Mo?tgagor(~) and their succeaaora in interest. Credltor shell nat be ~equired to commence prxeedings agai~at such sucCesaor or refuse to extend time or payment or otherwiae modify amortixation of the aums secu~ed by this Mortgage by reason of any demend made by the original Mo~tgagor(s). 14. Any forebearance by Creditor in exercising any right or remedy hereunder shall no! be a waiver ot or preciude the exerciae of any such right or remedy. The p~ocuremeni of insurance or the payment o1 taxes or other liens or charges by Creditor shall not be a waiver o( Creditor'a right to accelerate the maturity of the indebtedness secured by this Mortgage. 15. All remedies provtded in this Mortgege ere diatincl and cumulaNve to eny other right or ~emedy under this Mortgage or aliorded by law or equity, and mey be exercised concurrently, independently or succeasively. . 16. It while thts Mortgage ia in deteult, the ~eal estate ahall be ebandoned, or vacated, Creditor, in its sole discretion, may take posseasion of the premises, and teke such stepa Creditor deems neceasary to protect its interest. All sums so expended by Creditor shali become part of the debt ~ secured, with interest, and shatl bocoms due and peyable on demand. 17. If all or eny part oi ihe property or an intereat therein Is sold or transferred by Mortgagor(s) without Creditor's prior written consent, exc~uding (a) the creation ol a lien or encumbrance subo~dinate to thls Mortgage, (b) the reation of a purchase money security intereat for household appliances. (c) a transfer by dev(se, descent, or by operation oi law upon the death ~f a joint tenant or (d) the grant of any leasehold interest ot three years or less not containing en opt(on to purchase, Creditor may, at Creditors option, declare all the suma aecuted by thla Mortgage to be immediately due and payable. Creditor shall have waived auch opNon to accelerate if, prior to the sele or ttansier, Creditor and the person to whom the property is to be sold or transterred reach agreement in writing that ihe credit of such person is satistactory to Creditor and that the interest ~ payeble on the sums secured by this Mortgage shall be at such rate as Creditorshall requesi. If Creditor has waived the opUon toaccelerate provided in this paragraph, and if Mortgagor's successor in interest has executed a writien assumplion ag~eement accepted in writing by Credito~, Creditor ~ ahall relsase Mortgagor(s) from all obligations under this Mortgage and the Note. ! 18. Pursuant io the terms and conditions oi a separate written ag~eement, the Note secured by this Mortgage may be renewed, and the lien of this ~ Mortgage shall continue to be a lien on the premises during the term of any Note executed to renew the Note secured by this Mortgage or any ~ renewal of such Note. Creditor, at Creditor s option within twenty years from the date of this Mortgage, may make tuture advances to Customer- j Debto~(s) upon requeSt by Customer-Deb;or(s). Such future advances, with interest thereon, shall be secured by this Mortgage when evide~ced by 9 promissory notes stating that said notes are secured hereby. Ti~e tota~ amount of the indebtedness secured by this Mortgage, not including sums ; advanced in accordance herewith to protect the security of this Mortgage, may decrease or i~crease from time to time, but the total unpaid balance ~ so secured at any one time shall not exceed the original amount of the Note plus t!S 3100.OOJ•00 together with interest thereon, and any and ail ~ disbursements made by the Cr~ditor for the payment oi taxes, levies, or insurance on ihe premises, with interest on such disbursements at the rate ~ specified in the outstanding Note executed in conJunction with this Mortgage, and tor ~easonable attorneys' lees and court Costs inCUr~ed in ; collection of any and all such sums. ~ 19. Mortgagor(s) agree that Mortgagor(s) sheU not request or accept any tuture advances under any mortgage superior to this Mortgage ~ desc~ibed hereinbelow, without the express written consent oi Cteditor. Violation of any of the terms and conditions ot this paragraph shall be ~ considered a default under the terms and conditions of this Mortgage and ihe promissory note executed in conjunction herewith. Mortgagor(s) 3 further agree that no agreeme~i shall be made with the holder of any superior mortgage thai in any way shall modify, change, alter or extend any ot ~ the terms or conditions ot said mortgage without the express writien consent ot Creditor. ~ 20. Any construction loan agreement between ihe parties ot even date herewith is hereby made a part ot this Mortgage by ref~rencQ as though as ~ . ~ fully set torth herein. 1 21.~ It this Mortgage is on a unit in a condominlum or planned unit development, Mortgagor(s) shatl perform all of Mortgagor's obligations under E thedeclarationorcovenantscreatingorgoverningthecondominiumorplannedunitdevelopment.theby-lawsandregulationsofthecondominium ; or planned unit development, end constituent documents. If a condominium or p~anned unit devetopment rider is executed by Mortgagor(s) and recorded together with thls Mortgage, the covenants and agreements of such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Mortgage as if the rider were a part hereof. 22. Except tor any notice required under applicable law to be given in another manner, (a) any notice to Mortgagor(s) provided for in this Mortgage shall be given by mailing such notice by certitied mail addressed to Mortgagor(s) at the property address or at such other address as Mortgagor(s) may deslgnate by ~otice to Creditor as provided herein, and (b) any notice to CreQitor shall be given by certified mail, r~turn receipt requested, to Creditors address stated herein or to such other address as Creditor may designate by notice to Morigagor(s) aa provided hereln. Any notice provided for in this Mortgage shall be deemed to have bean given to Mortgagor(s) or Creditor when given in the manner designated herein. 23. In the event that any provision or clause of this Mortgege or the Note contlicts with applicahle law, such conflict shail not af(ect other provisions ~ ot this Mortgage or the Note which can be given eftect without the conflicting provision, and to this end the provisions of the Mortgage and the Note are declared to be severable. _ ' 24. MortgegG~ (s) covenar~(g) Mort9a~c~r(s) own(s) thB described real property which is subject to the following superior lien or mortgage, H any, ~ held by 13arnett i~instoi~ -MOrt a e Gor . _ , ! and recorded in Book Page of the Public Records ot S t. L-~c i e Caunty, Florida. MoAgagor(s) agree(s) to ~ faithfully and fully comply with and abide by each and every term, covenant and condition of said superior mortgage, and shall not allow a def.~ult thereunder. A deiault under the terms and conditions of said superior mortgage shall constitute a default under this Mortgage, at the option of the ~ - Creditor. The Creditor is expressly authorized, at the option ot the Creditor, to advance all sums necessary to kesp said superior mortgage in good ~ f standing, and all sums so edvanced sfiall be due end payable to Creditor upon demand. t ~5£il i 5i ' In witness whereoi, Mortgagor(s) has (have) executed this Mortgage. E ~ '87 ND'1 12 P 2 :19 Date oi Execution: ~ ~ November 6 ,~g 87 - ~ f F i..: OOI;': ~ € ~ ~ti° E Signed th prese oL• $j. ~ ; (Seal) itness ~ (Seal) Witness STATE OF FLORIDA COUNTY OF _ S_ L i~ i e 1 hereby certify that on t d, etore me, a Nota P lic duly a o' ed in the state and county named above to take acknowtedgmenis, personalty appeared ~ ~ to me known to be the person(s) described as Mortgagor(s) in end who executed the fo~egoing Mortgage and aCknowledged before me that said person(s) read, urtderstood, and executeE that Mortgage. c.~ ,n ~~~JJJ wtness my hand and otlicial seal in the county and state named above this da of ~QJ~pui , 19~? ~0~ Pd~K. S~t4 0~ HOIid! M~? Coaimissioa Expires Apn~ i4. 1~ Not Public My Commission Expires: b~d t~ ~ror F.~. ~ i.~.,+.~. Isc. . . . ' _ , . , • ~ - . . This Instrument PrepareA By: Rita VaChon . - • - ` - ~ . Blazer Financial Services, Inc. of F1. . " . " ~ = 2 . 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