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HomeMy WebLinkAbout1814 nI" Ii 'lJ' J .~.-..jd..t : . . ,Y r - Uh ~ Y. r a '1'.. lI\vt: \SII Tollol.D Ihl' Sllnw, 10j.....lllt'r wilh IlI1 "ncl sin~lIlnr Ihl' tl'lll'nll'IIts. IWft'CntRli\l'nts "n.tlllillllr- 1,'IIIIlttTS 1111'....1111'.. Ill'I,,"~i"~ ..rill Illlywis.. Ilppl'rlllinill~. ,,"tl 1111' ....\"I.rsi..II Illl.1 rt,\'t'Niolls. r"III"illllt'r ..r 1'\'- IIIllilltlt'rs, rUl.1 ItlslI "II I III' t'sl ""'. ri~ht. ! illt.. inh'rt'sl, h"III"S"'lItl, dowt'r Ilfltl rig'ht IIf dowt'r. s"pllrll'" .'sllllt'. pu,.......S...i..II, ..llIilll"II.IIIt'III!'fltl Wllttl~lt'\'I'r. 1\.'1 wl,lI ill ".w ~s ill t'Cl'lilY, of. tilt' slli.1 \llIrl~lt~or in Illld tll lilt' SIlIlIt'. Illld t.\',.I'\ Jlllrl 1III'''''<lf. With tIlt' Itppur"'IIIlIIt'I'S of thl' S"1I1 \tort~IlKOf III Ilntl to lilt' SIlIIII', ""tl t'Vt'r)' 1"11'1 "fill p"""t.1 Ilit.......f '11I10 I ht' s"id ~t ur'~Il!:t't' ill ft't' Silllplt., TIlt' \lorll!"l!or III'n.h~' l'O\'t'",,"ls wilh Iht, \tor'I!"l!t't'. IhHI II\' is illd.,ft'"sihl" st',izl.tl of sllid 1"lId ill ft'I' silllplt, or s,1t'1l 01111'1' I'Stll"', if ""~'. "s is sl"".tllll'rt'ill; Ih,,111t' hitS full JlOWt'r Illltll,,\dlll, n~hl III t'oll~'t',\' 1111' s"IIII' HS "fon'sllitl; thlll tilt' "ultl is fn'I' frlllll "Jl t'lIt'lIl11hrllllt't.S t'xl't'pl ItS Ilt'n.illllthl'rwISt. n'.'llt'tl; tllltt SHill \tortl!HI!Or will.nm:kl' s,lt'h fllrtllt'r IlSSllrllnC't~ III pn'\'t' tht. Ilfon'sllitl litlt. to sIlidllllltl ill slIj,1 \IOI'II!Il~...t' IlS III".\' lit, ft'''~III- Ilhl\' fI.'clllin.d. Illltl thllt SKitl \.lorl~KI!..r dllt.s ht'~I.h)' filII\' wllrnml tilt' titlt' to sltit! l"IIt!. Ilnd t'\'t'r~' p"rt tllt'n'of, allll WII Ih.fl'II" tilt' Slllllt' ~I!"lllst tht. I"wflll ..\"IIIIS of Il\l pl'rSllllS wholll~lt'\'t'r, PItO\'IUt:U AI.\\' \ \'l~ thllt if tIlt' \t..rll!ll~or sh,,1I pll~' lI11tn tIlt' \forIKIlg't.t. Ih"t I't'rhtill pr"lIIisslIr,\' II""', of wl.it'h tilt' rollowill~ is" SlIhStlllltill1 nIl',\', to wit: :5 ,:. i '. "c ," Floridll. :\ 19 Ftllt \',\f.\'t: Ih:n:lvt:u, tIlt' 'mth'rsi~III'tl prollli~'(s) to pll" to tIlt' onlt.r IIf . J. , 1 .~,~) ,,':~. . IlS Alllllilli"tntt..r of \'I'II'r"ns' AfTIlirs. Il11 ()lIic'I'r of tIlt' {'ni"'tl SI,,"'s IIf Anli'ril''', ~Iltl his SlIt't't's."nrs ill slII'h ..fIi.'~', IlS SlIdl. "Iul his tlr tllt'ir Ils.sig'ns. tilt' prilll'iplll slim of ,.,' , L, ,:', , "','; j, I. 1>..lIl1rs ($ J '. ' . ). with intt'n'sl from tllllt. Ilt tlli' I'll'" of ,., ;.. . .~r-I', "r' ',,:1 Iwr l'l'ntlllll ( sf lJo) 1'1'1' Illllllllll"lIlll\' lI11pllill h~IIlIH'C' lI11til I~Ili..1. , 1~11\' s"ill,r-rilH'ip~l"n..1 inl.'n'sl sh,,1I hI' pll,\'Ilhlt. "t Iht' olli"t. ..f thl' 1"1"" (;1I"r"lIt \' omc'I'r. \ I'h'rans Atlnlllllst rat IOn HI'g'lon,,1 OflH'I'. III St _ Petersburp.: Florida ,or III SIIl'1. ..Ihl'r pltM.1' a..~ tlli' holdl'f mil\' clt'liigllll'" ill writilll! clt'h\'t'rt.d or lII1lilt.c\ to t1",,"It.f,'or. m mOlllhl,\' illst"III1It'IIls of __ ':::Y-(:':G ',,": 17/1...CI.3 - - - - " " -,IJull"rst$ 3.1-.17 ). C'UIIIIJll'IIC'~1I1! UII till' 1r..:. dllyof oJ:'l ~c_""":,: ,I!I,:' ~ , Kllcl c'untll~lIml! nil till' ..~::" till" tlf I'ftc.h Ilwllth thc're'llfh'r IIntll tlus nnh' I~ filII,\' p"ltl, t'xc't'pt thllt, If Ilnt snOIlI'r p"it\. thl' tin,,1 p"Ylllt'nt nf jlrilH'itJIlI ftlltl intpre'sl shall he' dill' ftnd p"y"hll' nil till' :,"': dllY uf ,\' '~': ,19,'" l'ri\'ill'gl' is n'~t'n't'll tu pre'lHty "t an,\' tillll', withullt pre'lIIimn or fl't', tIll' c'lllire' i,\tlt'I.'tt'tlrlt's.~ ur IlIlY paft. tlll're'nf nol h's... Ihllll t.11l' "lIIollllt tlf 1lI1t' illSI,,1l1l1t'1l1. or tlnl' hmuln'll dnllllrs ($lIHI,IMI). wh...IIl'\'t'r IS It'ss, Any pn'p~~'IIII'"t 1II"lh' Ull tltlll'r tlllln "" illsllllllllt'1I1 dllt' dllh' will Ilnt Ill' c'rl'dih.dulllil IIII' IIl'xl ftllltlwill;.! illSI"lllllt'llt dill' tl"h', If IlIlY 111.til'il'nc'y in tIlt' P",\'I11t'1I1 uf III1Y instlllllllt'nt lIIult'r this Iltlh' i~ nut mild I' ~otIClprinr ttl till' dill' d"tt, of tht' IIt.X! SIlI'h insl"III11I'nl. till' t'ntin. I'rilwiplll SIIIII allll "I"'rlll'll in"'n's! shall Ilt 0111..' hpt'olllt' chII' Ilf\ll PIlY- IIhlc' wilhn,:t notil,t. Ilt tht. optiulI uf tIll' Iwltlt'f tlf this nott., F"ilun' tUI'xc're'isc' this uption sh,,1I nllt t'unsti'lIll~ "W"i\'('f uf tIll' right 10 c'xt'n'isl' thl' S"1II1' in thl'I'\,('llt uf Ilny slIhst'lllIl'nt Ih'flllllt. lu thl' 1'\'t'llt uf ch.fllult in tIlt' P"YIlIt'U t uf this uull', "ntl if I hI' ~"IIII' is l'ulll'I'Ie'd hy "11 "ttllrlll',\' at Illw, tIlt' IIndt'n;iKIwd llt'n.hy a~n'd~) to p"~' "II .'u~ts uf 1'0111'1'1 iUll, induII iug " fl'''stlll"hlt. Il ttorlll'Y's ft'I', This uule' is I!i\'l'n fur \H1rl'hIlSI' UWIlI'y uf rt,,,1 t'st "Ie' "ntl is s"I'lIrl'li hy IIInrtg'al!c' tu ~t'c'lIn' Ih.ht Ilf 1'\"I'n dalt' Ill'fl.with, ~i\'I'u aud dt' i\'l'fl'd hy tht, IIlldl'rsi~"ll'd lu pIl~'t.t. ou c'I'r"tin 1'1.,,1 propert,\' ch~c'rillt'll thl'rt'in, l'rl'seutml'n'. prolt'st. "uII noli.'I' "1'1' Ilt'rc'hy wllin'd. I/~~L~_ -. :. ~~\~.-,)_:(.")~, :~.)("'.r t ~~:":i(~ fcr\: Y..-,..,..:n [suJ.) / I , , '. ~- _~.~_~~:; ~'-~C'. ISUf.) ~' .. 't . '- ,~ ~ _.:. - \.; ';~.~y...;n. [SUf.) Ist:.\L) Anti sh"ll dilly. prolllptl~'. IlUtl fully Iwrftlrm, e1i~'h"rg't'. t'Xt'C'IIIe', l'fTt'C.t, I'omplplt,. "nd c'nmply with and "hielt, hy I'al'h "nd t'\'t'ry tIlt' ~tiplll"lillns, "I!n'I'IIII'nts, c'ontlitions, anti c'on'nauts of sllidl)f\HUis..SClf\' no'" Ilnd tlf this 1Il0rtgllgl'. thl.n this lIIortglll!c' Knd tIll' estale' Ill'fl'hy ('fC.'at{'d sh"JI ('c'88(' and be nul anti voicl. Thl' ~fort~a~or furt ht'r Covellants a..<; follows: 1, That hI' will PILY tll(' inlh'hh'dnt.s.s, a.... hl'rl'inhl'forl' pro\'id('ll. Privill'gl' is fl'Sl'f\'l'cl to pfl'pay at anv time, withollt pr('mium or fl'I'. tilt' I'ntirt' inlh.hle'Clnl'S." or an~' part th,'rt'of not less thlln the amount of onl' ill~tllflllll'nt, or Olll' hundrl'Cl dolllln; ($ 100,()O) , whiell('\'I'r is h'S.~, An~' prt'l'ayml'nt made on other than an in!ltllllllwnt 111It' datI' will not ht' ('re'elitt.d until the nt'xt following instllllml'nt dill' dKt{', 2, In onll'r mort' fully to prole'c't tht' !l('c'"fity of this mortg'agt', the \fortK~or, togl'thl'f with, and in addi- tion to, the monthh' P"Ylllt'l\ts undt'r thl' tl'r1US of tIll' nule' S('('lIrl'dlwft'hy, on tht' installml'nt dill' dalt' day of t'a('h month lIutil tflt' said no'" ill fully paid, will PIlY to tht. \lortgllgl'l' thl' following sums: (Il) A slim I'qual to tilt' KrOllllcl fl'nts, if any, nt'xt dllt', plus thl' prl'miums th"t will nl'xt lw('oml' dllt, and payahle' 011 ptllil'it'!l of tin' ane! (ltlwr hazard in~lIrllnl'l' ('o\'t'ring thl' mort~agl'd prnpc'r'y. plus tllXl'S ani I as''W!I..snwnts nc'xt chII' on tht. mortJ{agt'd l)rnpl'rty (all 1\.'1 t'stimalt'll hy tht' \forl~"gl'I' Ilnd of whic'h tlw ~tort~al!"r is notiti('(!) Il'ss all sums a rl'ad\' paid tht'n.for di\'iclt.d hy the numllt'r of lIlonth~ to I'lapS(' h('fort' Ont. mont h prior to the dat{' when illl('h ground rl'nts, premIums, taXt'S, "nil "SSt'So'l- 1Il1'nt~ will hf'('ome dl'linqu~'llt, slll'h sums to hl' 1lt'ld by Mortgaget' in trust to pay said grtlllllll rents, I'rt'mlllms, taxt'S, and Spt'l'lalllSS{'s''lml'nts. (h) TIlt' a~grt'~atr of tl\(' alllounts payahle' pursuant to subparlll.'Taph (a) and thoSf' p"Yllhle' on thl' note !'f'('lIrl'tI IlI'rt'hy. shalllK' paid in a !lin~h' pllYIl1l'nt I'ad\ month, to be applit'(l to thl' following ih'lIls ID the ofdt'r slatrtl: (I) ground rrnts, taxt'S, 8.88t'ssml'nts, firt', and othrr hazard insurant'c' prl'miums; (II) int('~t on the notl' S('('lIrt'tlhl'rl'hy; anti (III) amortization of thl' prin('ipllI of saitl note, Any Il"fit'il'll(,y in tht, alllount of ~\J('h a~rc'~atl' mont hly payml'nt shall, unll'Ss made ttood hy tIlt' Mort(.{af.{or prior to thl' 11ue Ilate of the nt'xt such payn1l'nt, ('onstitut.c~ an t'vt'nt of dl'falllt undt'r this mortttattl', At MOf~e~ption, Mortf!attor will pay a "late charge" not t'xCl'etlillJC four per ('I'ntum (4%) of 8n~ install- ml'ht whl'n paid more than liflt'l'll (15) days after the due date thereof to cover the I'xtra I'xpt'nse m\'ol\'t'tl in handling tlelinqul'nt payn1l'nt~. hut such "latr cha~e" shall not be payable out of the pr()(,l'rds of any saIl' made to ~ati~fy tht' indt'btl'dm.ss 8('('ured hereby, unll"l8 sUl'h proceeds are sufficient to di8l'harge the I'ntirt' indebtedness and all proper c~08ta and expenses lOCured hereby. 3, If tilt' total of tilt' pa..'ments madl' b~' thp Mo~agor undl'r (a) of parattraph 2 prt'C'cding shall I'xCt'NI tht' amou,nl of paymrllts actually ma(ll' hy thl' Mortgagee, for ground rl'lIts, ta'(('8 alld 1ls.'lt'SSmelll s, allll illsurancc' premIUms, &8 the ca.~ may be', SUt.h exces,'l !lhall be credittod on sub!K'<J,!ent payml'nts Ie be madl' by thl' Morl- I!&gor for such ilRms or, at ~{ortgagcr's optio~, shall be refUJull'd to Mcirtga~r, If, huwl'ver, ~uch mOllt hly pa)'Il11'nts sh..lI.not be sufficll'nt to pay such Itt'1llS when the saml' shall ht'roml' dUI' alld payahll', thl'lI tlll'