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HomeMy WebLinkAbout2802 Ii. ri. ~ : ~ J, To pl.c. ."d conti"uou.iy .....p cn lhe bulldingl nooN 0( her..ff.r lilu.l. on ..id I.nd .nd on .11 .quipm."t .nd penonllly cov.red by Ihi. morlll- a~., w,'~ .11 r'em;um. ,h#r.on p.id in full, firl I"'urenc. in lhe ulu.1 IIlnd.rd policy form, In I lum Ippioved by tho MORTGAGEE, .nd w,nd..orm insu'"nc. In lhe ",u.1 ".ndird poliq fOlM, In I lum Ipproved by Ih. MORTGAGEE, In ""th complny or com".n;., .. Ih. MORTGAGEE ",.y dirK'; .nd .11 fir. end 'oNind,'orr," in.urlne. polici.., on any of Ilid buildlngt. any ;Tl,:,~r~,t tMf.in or plrt thereof, in ,"'e .ogre-ga.. lum .for.,ald or in txceJo' there-of. Ih.~! conlain ,he '-.'luII ,'.ndud MOIIO.g.. cia",.. Of' lu<n oth.r el.u... I' the Mor1~lg.. ma.,. require, making the loti v.....d., .lld pali- C'~'. e!ch ar'ld . '<1ft '(, p3....<!I:bte to 1<!1:;J ,lJo,GilTGAGEE ., its int.,e'l may appel', and elch .nd . /1''( luch policy ,t..!! b. promptly UI;gn~d and deli....red 10 "')' held by ...d VlvRTGAGH .. furlher IOcu'ily 10 lAid mor'll"g. d.b', .nd. no' I... 'Mn t.n (10) d.yl in Idvlnc. of 'M .xp,rali:>n 01 .Ich pol,cy, '0 d.. Ii.....' 10 uid MORTGAGEE. rent-wll Ther.of, tog.tNf .....i'h a receipt ~or the premium ot luch r.newll; and there Ihlll be n(I tire or windl!orm inlurlnce placed or Iny ot Ilid bvi1dlngl, any int.relt th,rlin Of' p.rt th.re<>f, un!... In t.... form Ind with the 1011 p...,abi. ., Itorlnidi Ind In the event IIny lum of ""or.ey be-comel plyable under Iwch policy or policiel ,aid MORTGAGEE ,hell h.". the option to r.cei... and apply the ume on account of thl" indd:tod- neu lecured hereby Of to permit laid MORTGAGOR.S to r.cei..., and use It 01 any p.rt there-of ~or other Durpo'~'. ",""ho""t 'hr~eb; ....ttl'WIOg or IfYlp~lr in~ .ny .quity. lien o:Jr r~h. under or ~.; virtue of thil mOllg_g.; .nd in the even' uid MORTGAGORS jh&~1 for any r.alon flil to ke.p ,he laid prem;Ie. 10 in\urtd, or hi! to deliver promptly any of uid pol1ciel oj inlurance to I!;d MORTGAGEE. or fad prorr.ptly to pay ful:y any premiu" therefor or in ~n'j respect hil to p*rform. dilcharge, execute. effect. complete. comply wilh and j)bide by thiS covenant, or an)' pj)rt hereof, 1~ld MORTGAGEf ma.,. p:ac~ .r.d pj)'j for luch inluran..::e or any part thereof wiln.o..Jt wai...-ing ~ affecting j)ny option, lien. ~qu;t.,.. or right under or by vi,tut,. of ,hil Morlgas;t". and the full Imo....nl of each .nd every luch payment sh.1I be immedialely due and pay.ble end Ihall bf"IH interesl from t~.e date thereof \..Inti! paid at the rate of nine per CQntUnl per annum and logether with luch intert'!! Itull be lecured by the lien of thil mortgag.. 4. To permit. commit or luffer no wllte. impalr~nt or d,'e!';oration of Isid property or ailY part thereof. 5. To pIIy .11 .00 lingullr the (Ostl, charge, Ind cxpenl". inclvding . r.a.onabl. aHorney', fee and (Ostl of abt.r.ct. 0' title. Incurred or paid a' Iny ,iml by ..id MORTGAGEE, be"u.. 0' in the even' of ,he foilu,. on 'he p.rt of rh. ..id MORTGAGOR '0 duly, prcmptly Ind fully perform, d;Ich"Il., execute, effe,t, complete, compl.,. With and .bide by lid. and every the stipulj)lionl, .greemer.,., conditionl, tnd covenanll of said prom1uory' note and ,his mortgage any or eith.r, a.ld t!l:d cosh, charges and expense,. each and every, Ih.1I be immrdi.r.ly due and plyable; whether ~ not there be not:ce de-- mand, affempt to collect or luit pending; and the full amount of each .nd every :wch p.,.n~en' ,hall be.H interest from the d.te there-of l.Jntil paid II thr r..1fc of nine ~r u~n"..m ~er j)nnum; 8nd all laid co.1I ch~rges and expenlel incvrrt"d or p.id. tooether with svch interest, Ihall be '~vred by the lien of thil rT'OIrgage. 6. Thot (0) in Ih. e"enl 01 Iny breach of Ihil Mor'll.ge or J.hu!t on the por' of ,he MORTGAGOR. or (b) in the even' an., of ..,d '""" of money herein referred to be nol promptly and fu!1y paid within .hlffy. (30) day. neJtt aft.r th. ,.me lever ally ~come due and psyable. wil~lOut demand or notice, or (c) in the evt:nl each ar.d every the Itipuf'lion.. agrc-ementt, condition, and tovenanr. of said promillory r.ot. and this mortgage Iny or either Ire not ~uly, p~OMp';'; and fuily performed, d,lCharged, executed. effecred, completed. complied with and abided toy, then in eilher or Inf such event the laid ag gr('9,,1(> sum mentioned in s!lid promi\sory note then remaining unpaid. wilh fnter.lt accrued, and ,II moneys secured herebY', sh.sll become due and p~y- able forthwith. or thereaher. ~t the option of .3id MORTGAGEE, illS fully and completely al if .11 of the I~id sum' of money were o"iginal!',. I';pu\ttled to be p~:d 01) lueh dEl)'. anylhing in sd:d promissory note or in this Mortgage to the conlrary notwilhlt~nding; end thereupon or thereafter at Ihe option of \i'lld MORTGAGE:.E, without noLce or demltnd. su;t at IJW or in ~quity, therefore or thcre.!lfter begun, may be prosecuted CIS if 811 money, ,c(ured hereby j-"d mdh.'rt..d r'flor 10 Its insTdutlon 7. Th3' in the ('",pnl ,rl<II at tre ccginning of or at t!.r.y IIf"llC J-l1_.'nd.lrH) any ''.lll upon this Morr9~ge. or to foredo,€' It, or to r('form if, or to enfurce p.lyrn('r'lt of "rl, clJirns hE"reur.oe'r. salJ N,ORTG.\GE:.E sh~H llippl.,. to the Court h~ving ju,isdiction rhereot for !he a~-;ro'nfmenT of '" Rf.(t'ivt.'r, 'Such Cowrt sh<'JII fort~lwdh appoint" recei ~er of ~uid rnort9"9t'u propt!'rty all and lingul!lr. includng j)il and 'SIngular Ihe income, f.Jr0t,ts. i'S'SJC's and re-...t!'r~uc'S fro'" .... h:'lfl"v'.:'r source ckrl'Wcu. r,)ch and ("vcry of wn;ch. it b-:-ing e..pressiy underSTood, is ~ereby mOrlga~ed .H if 'peclflc"liy let fonh llnd dcscr!b~u in the gran'lng and r.1Lendurn (!d,..)'Se~ hert:o~, and such ~t'cei.'i"r 'Sh~11 h.!ve "II the bro.!d and effective function, and powers in an.,......r\~ en!ru'Stt:'d by a (curl to ~ Rect.'l.er, ar,d 5,--,(h dH,oinlmer'! s~a:1 be fTI~dt: by luch Cau" d\ an adm;ned eq...J1ry and I matter of absolute r;ght to sa,d MORTGAG~E. and ....Ithout r("ft-.rence to the ech-q'..Jd(i or load,'q'JdCI of the ,:a.:ue cf the rroperty mo~tgJged or to Ihr so;vrncy or in~olvency of laid MORTGAGOR or the dl'~end'!l15, and ,h<3t ~uch r(:':~\, prof,ts, income, j\sue'S and- rc....'enues sn.lll be applIed by such Re=cei'Wer according t~ the lien or equity of seld N.ORTGAGL:.E and the praCIICe of such Court. 8, To duly, promplly' and fully rerform. di.icharqe, execute, effect, complete. comply with and abide h-,. each and every ,he stipulation" agreer.1enh. cond.Lo:1S c)f"ld co...-enanh In said promiHory note and thi, mortgage Ie' forlh. 9. Thfll in tJ.,e event ,b~ ownership of Ihe mOrt9i\ged premise" or any part thereof, becom:s veSTed in a r('(son other th"n the MORTGAGOR, 1he ~'.ORTG..c..GE..E. it'S succu.\c,rs a'ld assigns, m;-,y. without notice to fhe N,ORTGAQR, de.>!1 w.th such ';,JC(e-Hor or ~'.lC(f.~sor ;n interest With referenCE> to this mortgeC)e Clnd !he debt h'.:.-reb.,. seCured in the 5~me manner a! with Mortgagor wi,hOul in .!In..,. WCly viLa!ing or dl\charyi:'lg Ihe f,~ortgdCJors' IldLdltt hl'fe- undt..r or u..-,on tht" elJr h,_,'cb{ :5oCCurt-'d No sale of the premisf:'S hereby mortg~gerl l!nd no forbearance on the part of the MORTGAGU:. or I'S 5'.l(cessors or ,,\Signs and no e.ter,ian of the lime for rhe payment of the debt hereby secured given by Ihe MORTGAGEE or il'S SJccenors or an,gn" shall C'>perate to release. discharge, modIfy change or affect the original liability of the MORTGAGOR hert<in, either in whoie or in part. 10. It is !oecificall..,.. "greed that time i: :-f the euenee of thil conlrj)ct and Ihar no waiver of any ob!ig~',on hereunder or of the obligation le- cured hereby shall al any 'Ime thereafter ~~ held.to be j) w~iver of the terms hereof or of the in.ltrument secured herby. ll~ \l.IT~[SS '.I:H:REt)F. ,h(' 5,,:d ,AI.ORTGAGOR ha'S hereunto let Mil hand and seal the day and year first j)foresj)id. ~ned, Sealed ~nd ~lvered in ~ prelence of ~Lfl...- l~-f.V\~__ -'""7 C; rJ ,:.-d ~ <. _'X,/'./' V./L L t___ ~ . (1 '~' _' A-,<{,- 4/1 ---~-r>' ..--k. ~1,../~(Se.l) ~tC:, LLI~, l.- -' '(:? '-- If' -L.,' _____ (Se.I) \ ( ~ ) _(Seal) (50.1) STATE OF ~lORIDA s., ~ ,.., t- T' , I' ~ P SS. COUNTY OF t, G~!';InY1t. T.r ":~ ~ _ and his wife, to me well known and kno....n to me to be befor. ma Ih.' 'hey euculed ,he ..me fer Ihe p'Jrpo'~' ',r r:.~l"nY't Before m~ penonally appeared 'PH]"'Y> ',r :~~l,",prt. Ihe indiv,dve!1 delcrib<!d in and who exocutt-d ,he foregoing in,':vm.n', end acknowledged T"lAY> thertin exprened Ar,d ,he said r e~"~ ~ t\ :H 1 hert upon a lepeHllite and private me th.t ,he executed laid inltrument freely !lind vo:un- w;fe of Ihe ..;d oxamin.t;on by me taken lepar.'. and apart frOM her .aid hu.band, "knowledged '0 and before tlrily Ind withouf any compulsion. consfraint. I!Ippreheos;on, or felr of or from her .aid hUI~nd. WITNESS my h.nd and off,cill lea! 'hil_h~- dlY of "'/ A, D, 19...f:L:._ Floridl "' lorge R.'urn To: Firal Fed.ral S.vingl & lo.n Auod.'ion Of FN' Pierce, Fort Pi.rc., Florida ~)43lil Notary ?-,:'.~:, ~'.'~...~ :.,.:a"' ~"r.~.~" My (o;n,:!':. : '. ..: . ,~', 1])1'..- ...0....:.' ^~,~tl.~.1l. ~ -\"-"'';:~1. :~.... , . ____~ C.. c. ::..,,' .': V:. 0""': .:. ~ ~.."'. .... .' ..~..,t.) , . I \ ", ..... f\lEe fl.~D RECOROf.D . \N 4~~0.(f.~-J)OO; \qul ~PR 2 I P~I 2: 29 _....r"'\ ~.. r,r~\' C'. . l'O\I,\t.Jru,,~"[\ I\VV-CI\~ COUNH flOR\U~ Sl.lU L ' ;{/ .,. .- : . '" : .' " J \.. .' -- e ~)4 :'.f)1 '.