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HomeMy WebLinkAbout2560 ". du.K it) PAGf410 3. To plec. .nd ~on'inuou.ly hep Oft ,he bulldlng'~ ~ 01' ........... lIl\Hte on ..Id lend end Oft .11 equlpmen' .nd penonelly _ed by 'h.. mortv- eg'. wilh .11 pr.mium. ,herl'Ol\ oaid in full. fir. lnaurence In the _I "endard policy form. In e """ eppt~led by ,he MORTGAGEE. .nd wincfo'orm In.urenc. In the u.u.1 II.nd.,d policy 1Ot'm. In . IU'" "pproved by .... NOlITGAGE[, In auch compafty or com,-,,\ea .. ,he MORTGAGEE m.y c:trect; end ,II fl<. and "".ndllO"" inlutlftCe polk\ea Oft erry of Mid bullding8, "",y In.....t ther.1n M pelt thereof. In ,he ewegele - .forelAid or In uce.. .....eot. ahall con'ain ,he u.u.1 .tanderd rnottgegH d..... 01' .uch other c1_ .. .... MorlQegeA -y require. _"!no ,he Iou under lAid poll- clet, .ach .nd .ve'y. pe\abl. 10 laid MORTGAGEE .. ih In'_' _y .ppeM. end Mdt end every .uch policy ....11 be promp,ly ...igned end dell.....ed ~o eny held by Mid M02TGAGEE .. furthar security to Mid mortgege debt. end. not .... rheA ten (10) deva In ed...nce of ,he ..plf.'ion of each policy. to de- liWr to .aid MORTGAGEE e r_wal 'hereof, ~ther with e leeelp' lOt' the premium of auch .-ell end ....r. ahall be ftO fire ..r wlndatorm INUl.nee ~ pieced on .ny of Mid bv.IIdinga, .ny In'....' ther.ln or part ,hereof, un.... In .... '- .nd wl'h .... loa. pay.ble .. eforew~ and In ,he even' eny .u'" of money ~ pay.ble under .uch policy M policlet Mid MORTGAGEE .hell h.ve .... op'lon to receive .nd apply ,he ...... on .ccoun' of the Indeb,ed- ..... secured he,eby or to pennil ..id MORTGAGORS to receive .nd UN II or eny pwt thereof for o'her purpo.... wilhou' 'her.by waiving or impair. Ing any equity. lien or ,igh' under or by virtue of thl. mortgege; end In ,he event ..Id MORTGAGORS .h.1I fOl .ny ...aon f.n to keep 'he ..Id praml... 10 inaured. Of fail to deliver promp,ly .ny of uid polic\ea of lnaurenc. '0 laid MORTGAGEE, 01 f.i1 promp,ly to pay fully .ny premium ,he,.for 01 In .ny r..pacl fail 10 perform, diac"'rg.. uecu'.. .ffect. compl.,.. comply with .nd .bide by 'hi. c_.n'. 01 eny part hereof. ..id MORTGAGEE -y piece .nd p.y for luch lnlu.ane. or .ny part 'hereof wi'hou' w.lvlng Of .ffac'lng .ny op'ion, ...... equity, or light und'.' or by \'Irtue of 'hi. Mor'Qag., end ,he full .moun' of ..m .nd ....ry auch paV-' ....11 be i......edi.'.ly due .nd payebl. end lhell be.. In'....' from ,he d.'. 'he.eof until paid .t ,he ..,. of nine per cen'u'" per .nnum and 'OQ.'her wl,h auch In'.r..' 1"'11 be aeevred by ,he lien of thle mortgege. 4. To perml'. convnI' or .uff.. no w..,., Impelrmen' or deteriore'lon of uld property 01 .ny pert thereof, S. To pay .11 .nd .lngular ,he cos", char\JAI .nd upen_ Including. r._b1. ettorney'. f.. .nd co." of ab.trecta of ,"l., Incurred or paid ., .ny 'ime by .aid MORTGAGEE, becauae 01 In the .ven' of ,he fallur. on .... part of ,he IIId MORTGAGOR '0 duly, promptly .nd fully perform. dlachArge. uecu,.. effect. comple'" comply wi,h .nd .bide by each .nd ....ry ,he .tlpul.tlona. agreemenla. condi'iona. end co......nll of lAid prominory no" and ,hit rnottgeg. .ny or .i'her. .nd ..id coah. c"'rQe. .nd '.penHl. each end every, ....11 be Immedl.'ely due end payabl.; wM'her or no' ,her. be nollc. de- mend. ."amp' 10 collect or .ui' pending; end ,he full emoun' of ..ch .nd every .1Ith paymen' ....11 beer in'....' from ,he det. 'hereof un'i1 paid ., ,he ra'e 01 nine per cen'urn per ann"",; and .11 .aid coli.. cher~. and 'llpen... incurred 01' peld, ~'her wi,h .uch In'....', .hall be secured by ,he lien of thil mortgage. 6. The, (a) in ,he .ven' of .ny bre.ch of ,hi. Mortgag. Of def.ult on .... part of the MORTGAGOR. Of (b) In ,he .ven' any of "id lum. of money herein ..I.rred '0 be no' promp'ly .nd fully paid wi'hin 'hirty' (30) dolva nell' .ft.. ,he .._ ..ve..lly become due .nd pay.bl.. wi'hout demand or no'ice. or (e) In ,he .van' .ach .nd every ,he .'ipul.,ion., agr..menlt, condl'lon. .nd covenenll of Mid promi...,ry no" .nd ,hi. rnor'gage .ny Of .ither ... not :luly. promp,ly .nd fully performed. diK"'rQed, executed. .Hec,ed. complated. compiled wl,h .nd .bided ""Y. ,hen In .i,her 01 .ny .uch even' ,h. .eid ag- gregate .um men,joned in said prominory no'e 'hen rem.ining unpaid. wi,h In'....' ACcrued. .nd .11 moneY' IeCUred hereby. Ihall become due .nd pay- abl. forthwi'h, or ,he,eaft.r. ., ,he op'ion of uid MORTGAGEE. .. fully .nd comple'ely .. If .11 of ,he Mid .um. of money we,e origin.lly .'ipul.,ed '0 be p...d on luch day, .ny,hing in .aid promiuory no" or in 'hi. Mortg.ge '0 'ho con'..ry nolwllh.t.nding, .nd ,hereupon or ,he,eaft.r a' ,he DP'ion of uid MORTGAGEE, withou' no';ce or demand, .ui' a' law or in equi'y, ther.lo... Of 'he..ah.. ~un. m.y be p,osecu'ed u if all moneys .ecured hereby hHI matured prior to its in,titu:ion. 7. Tha' in ,he even' ,hat a' ,h. beginning 01 0' at any 'ime pending .ny .uit upon this Mortgage. or '0 lorecloae i'. or '0 ,elo,m i', or t.:> enlorce pay_nt 01 any claim. her..under, .aid MORTGAGEE .hall apply to 'he Cour' h.vlng jurl,dlctlon 'he,.ol lor ,he appo;n'ment of a Rec.iver, .uch Cour' .hall lo.,hwith appoint a .eceiv.., 01 .aid mor'gag.d p'oprr'y all .nd li<>gular. incluC:ing .11 and Ilngular ,he income. p'O""' inu... and r.venu€> from whalever .ou,ce derived, each and ..very 01 which, i' being .xprenly uoo.utood. i, he,.by mO"gag.d al il lpecilically Ie' forth .nd delCribed in ,he g,anling .nd habendum c1au.e. hereol. and .uch Receiv.., ,hall have all ,he bro.d .nd .lIec'iv. function. and powe.. in anywile ..n'ru,'ed by a Cour' '0 a Receiver. and luch appoinlme'" .hall be made by .uch Cou,' a. an admilled .qui'y and a mall" 01 ablolute righ' '0 .aid MORTGAGEE, and wi,hou' ,.I.rence '0 ,he adequacy or Inadequacy 01 ,he value 01 ,he proprr'y mo,'gaged or '0 'h. aolv.ncy or in.olv'I\cy 01 uid MORTGAGOR or ,he dele"danll, and ,hat luch r..nlS, prolits, income. i..ulI ana lev.nue. .hall be .pplied by .uch Receiver ACcording '0 ,he lien or equity of uid MORTGAGEE and ,he p,ac'ice of luch Cour'. 8. To duly, p,omptly and fully perform. dilCharg.. a.ec"'e, eff.ct. cumple'" comply wlllo .nd .bide by .eeh .nd .very the I'ipul.tion.. egreemen'.. condi,jon. and covenants in .aid promissory no'e and thi. mor'gage .., forth. 9. Tha' in 'he .v~n' ,he own...hip of th. mortg.~ed premi,el. or .ny par' thereof. becomll ve.,ed in . perlOft o,her ,han ,he MOII:TGAGOR. ,he MORTGAGH. its .ucc....o,. and anign., may. without no' ice '0 ,he MORTGAOR, d.al with luch luccenor or luccenor in in'ere.' wi'h ,.Ierenee '0 ,hi. mo,tgage and the deb, hereby .ecured in ,h. Ia"" mann., a. wi,h Mo"gagor wi'hou' in any w'y vi'ia'ing or dllCharging ,he Mortgagou' liabili'y here- under or upon the deb' hereuy .ecured. No ,ale of ,he pr.mi.el hereby mortgaged "nd no forbear.nc. on ,he pal: of the MORTGAGEE or i'. .uccen.,.. or assign. and no exten.ion 01 ,he 'im. for ,he pay,".n' of ,he debt hereby .ecured given by t"e MORTGAGEE or ill .uccea"". or anign., .hall ope..te '0 r.lea.e. d,acha'ge. modify c"'nge or .ffee' ,he o,igin.1 Iiabili'y of ,he MORTGAGOR ~.elein, .lther in whole or in par'. 10. II II .pecilically agreed ,h., 'ime i. 01 ,h. ,Ilene. of ,hi. con'ract and ,hat no waiver of .ny obligation hereunder or of ,hot obligation .e- cured he...by .hall a' any time 'herealt.r be hela"o be a waiv", of ,he 'erm. hereof or of ,he ..,.trumenl .ecu,ed h.rby. hil hend and ...1 ,he day .nd Y'" fiu' .Iore..id. i~'~7::;': ''7I.Jv 1l-~." (Seal) STATE OF FLORIDA ~aint Luc Ie I ~. 1ffie Hamilton, a widow; ~a l3 Sumpter ,he individual. deaaibed in .nd who .llecuted ,he fcr~lng In.'rurnen'. And .... ..id 4}mna B sumpter Tomrole Sumpter elllmina'ion by me ,alr.en ..pare'e .nd .part frOM her ..id huabend. ed<nowledged 10 and before .... ,he, .... .llKUted ..id IIrily and. without .ny compulsion, cons'reln'. epprdl....ion. ~ fur of or from her ..Id huabend. WITNESS my ...nd .nd oHicl.1 ...1 'hi- 18th day of and TOJl1lll1e Sumpter .nd COUNTY OF Before me perlon.lly .ppeared "i. wife. '0 me ....11 known .nd known 10 me '0 be end edtnowledged bef~. me 'hAl ,hey executed ,he ..me for ,he purpoMl ,herein ellpreued. ""ile of ,he lIid upon . ..pa..'e .nd prIV". lna'rumen' freely end valu... ..",..::~....:..c:~..~;,-, .. .,' ..1. ~to;. . fin!. ~... SavingS' "'",*, Auodalion ., Of fort P.... '-,. f.:; I(J~ "':"Id. ..: .);. ....... . . . c''. ... [.lUCe,V - . ". . ' "" ......' :.............. .-'/'" ',.:,..1....... :-, ...",:.of"'.,". ...,~t;;;.:-;.,..\. ~" A. D. 19 61 florid. ., IMQe ~'.l54 Notary Public. Sta:e of Flor.da at !_2'r~e My CommiSSIOn EX'H"S /lor" 24. ! ":;5 f!c'l';:>d by "\"'er.~a. '~. ~'I Co. 01 ". Y FILEr N~a RECORDED I~.l 9./;FI(!~f~.E(~_~OOK "- ... . ..-.... '.,...,. I! ~ .~UG ''3 ~.. 3: 14 I .. ..~.. .. :J:,,.. .f.,_ ....r " ..........J,/, .", ... . -Or /.' ,.. .." \. ." . . '. ~ .. ~. .. " ,..... - . ". cfl .; , :- -, ...... . . ,." L ~ I. LU~Ir:. CUUNTY, fLOI{,UA ~ :: !.'.: ': , - .." -." .' .. .... \\..\;>/.. -.. '..:' .. rY .:....~ \ '1',\,':-,' r- .';:' /) r'................" · ,""', .! ~,\'l .".. : .... "t\ 1? h . I /1154