HomeMy WebLinkAbout0671 ~ : 5-96,865-1 ~
1 l. To pay alL ooqs dur~es apd sxpenee~ ~r.~uding attorney's fa:s (wbether or rwt litigatio~ oocurs aad i( it das tba~ tAose oa . ~
appcllate ss wd! as trial kvd) and ab~ oosts. acisauWy incurred or paid ai any time by the Mortsagee beau~e of tbe fi~ure on ;
the part af t6c Mo~t~,~o~ to perform. y w~th and abide by stl o[ his oovenants set forth in tha mortgate and/or the Nc~te and/or '
Prior M s) and the ga e ;
a~n( P~~~Y i~cUnld tlltrtby. a
12. The Mort~ee ia a liansod mort~e broke! u~der Chapter 494, Florida Statuaa.
13. The Mortaajor h~ unda the ot6er p~ovisia~s of this Ma~tp~e aad doa baebgra~n to the Mo~ee the rcnes o( the Pmputy
provided tAat tbe Mo~agor shall. Prior to the aoakrntan of the matsa~e indebtedae~ as elSewhere berran prov~ed or the abu?donment
oF the PtoQerty, havt tl~e nght to odlect and rettin such rentt as tbey booonK due and p~yabk. Upon ~oadaabon under the other provisia~s
hereo! or the abandoament of the Prap~ny. 1he Mortgagoe sl~all be eatitlod to talce ion o( and mans~e tl~e PropMy and to oollect
the rents of ti~e Propeny including those ~ut due. All rents ooUocted shall bt a iod Crst to the pa~rment of the costs of mansgement
of the Property and collection of the re~ts mcluding but not limitod to attorney's and real estate brdcer s foes and thrn to the sum secured ~
by this Mortgsge. Tl~e Mortgsgec shall be l'ubk to aocount only tor tt~ase renb uxually ra~ivod. i
l4. In the event suit is iRCtituted to foroclose this mort~age the Matjagoe sMll be e~titkd at any time peadi~g such [oreclosurc ;
to aPp1Y to the oouri having jurisdiction thereoi for the appo~ntment of a rece~ver of the property snd all of the rcntc, ~noomes. ~ts. ~
issues and revenues therec~f from whatever souroe derived and the court shall forthwith appant such reoeiver with the usual duties and ~
puwors ot rcctivers in lilce cxscs and said appointment shall be made u a marie? of strid nght to the Mortgs$x and without reference ~
to the adequacy of the value of the Property cx the solvency of the Mo~agor or any otlier party to such su~t. The Mortgagor hereby
waives the nght too~j~ to the appointment ot a roctiver and consents that such appointment shall be made u an admmod equity
and as a matta of absofute risht to the Mortsagee.
15. The ab~tract(s) of titk oovtriag the Property shall at all times during the tcrm ot thi~ nwngage renuin in po~ssion of the
Mortgagce and in the event of forodasure or other tnnsfer of titk to the Piroperty, all tijht titk aad iate~est of the Mortgagor ~n and to
the abstract(s) shall pass to tbe purrhaaer or ~rantee.
1 b. If aay i~uAmeat of prin«'pa! aad interest is not paid to tbe Matsaga within fittee;a (1 S) days aRa the same booomes due ~
and payable or if ach and every of tbe M 's prom~ses sad ooYa~ants set forth ia this mortga~e aad/or tbt Note :rc not fully ~
and promptly performed, complied wit6 and~ a' r by, the ent~re sum of princip~l and inte~est secured by tbis mort~e sball at the ~
option ot the M~ bec~ome due aad p~yabk i~ fvlf at a~oe aa if oriP~Y ~P~+~ w be paid u wch time notwiti~staodu~ anythiryR =
m th~ maty~e or w t!rc oontrary. ;
17. If t6e owne~ship of thepro~e~ t~r or aay part thereof beoomes vested ia s persoa ot6er than the Mort~a~o~, the Mortiagoe may, j
without notioa to tLe Mort~or. deal vr~th sucb suoces~or(a) ia interat ~with rdaena to this mort`aae and t6e Note iu tbe same manner ~
u with tbe Mort~ar, w~ct~,c ~n any ~?,y tbe Mo~'s ha~tunder orupoa aay debt 6aeby socure~. No sak
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of the r~y and no torebe~ranoe oe t6e put~ott~ee a exta~aion or t6e ~yment of ti~e debt bereby secured shell opente ~
to rcleale.p~~~i~haree, modifY. ci~an~e or atfect tbe oripnal liabiLty of tbe Ma~tsa~r eitl~a m wholG ar in part. 3
18. The tem~s °Marty~~° ud "Mortga~ee" wNerever used ie tha i~trumeot shall iodude the hars. personsl reprexntativ~s, and ~
assigns of tbe t~p~v~e parties; the singular number shall indude the plural, ihe plural alWl include tLe singular and tbe use of any ;
Qender siuil indude all ~a~ders. ~
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19. Nanx(s) or Mort~aa{s): ~
Tah1ES CUF:FtY AhlD F:UTH GiJRF;Y . H I 5 W i FE
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20. County in Florida wha~an Propaty ia situtte and descriptioa tUereof: S T L~l C I E ;
i HE= I`1OR T 1; 1%: OF THE I~JES~f .~?2 F Et T C~F 'THE
EAST 1/; OF THE PaE 1 i=+ O~ ("HE SF 1 i 4 OF SECT I ~R1 1~? , TOWPJSH I F' 3~ SOUTN
RAPl~E 39 EF;ST. LESS ACJD EXCEPTING THEREFROh1 R1i~NT OF WA'r FOF; uRANGE
F,'~'EI'~!_I~ ~ X TEP•!ST I Ord R-68
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' 23. Date Mortpse aad Note ezecuted:
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