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HomeMy WebLinkAbout0166 to. j '. ~ 11 PAGE ItJU ..,." 3. To plac. .nd ton'invou.ly kHp on ,he building. now 01 here.fter lltva,. CII Mid lend and Oft all tclUlpmenl .nd ~olOftally coverad by Ihi. mo,',," ~. with all ptem....... ,kefaon paid In full. flte Insur_ In lhe _I "anct.,d policy f_. In a .um . .,....eved by .he MORTGAGEE, a,;d wind,'orm In,u'a",. In .he u_1 .'andard policy form. 1ft a IUl'Il epprovecl lTy the MOIlTGAGEE, In wch COtIIpany Of CO/1'lUniel a. the MORTGAGEE may ditectl and all flta and windlto,m 1__ pollc," Oft Wfy of Hid wlldingl. any In....... tllet.!n or foa" ,.....eof. In .he agg"ga'a .um afor.uid tv 1ft elIce.. ,he, eo', .hall (o....ln .he Ui<Jal ,t..ldatel ~ cI-. or .uch 01"" (1_ a. ,he Mortg~.. INY requl,., INking ,he lOll und... ..id poll- c~., Heh and .~y, payable to ",id MORTGAGEE a. I.. Ift..,.., IMY eppNl', and each and wvery .uch policy .hall b. ptOlnP.Jy auigned and deliv.rKl '0 .ny held by ..id MORTGAGEE .. fu""" Malflty to Mid mortGiege cleO'. .nd, not .... then "" (10) dayl In adv.nc. of lhe .xplra'ion of .ach policy, '0 de- li..., 10 .ald MORTGAGEE . r_al ,...,eof. toge':- wl.h . rKelpt tor m. premium of IUCh r_all and .he,. .hall be no fir. or wind"orm lnaurane. piauo on any of Mid !wIlding.. .ny In'.'..' ttwrein or part theteof, un.... In .... form ..nd wl.h .... ICK. payabl. .. .foraMlch and in .... .vlltl' .ny .um of _'I' becomet lUy.ble IIndet wch polk:y or policl.. ..Id MOtTGAGEE .hall ...... the option to rec.lv. .nd .pply ,... MIM Oft account of ,he Indebt.d- N" ..cu,.d he,.by or to permit Mid MOilTGAGOItS '0 neeN. .nd \1M It or .ny part 'hereof for 0''''' pu'poIa., wi.hou' 'her.by waiving 0' impai,- Ing any equity, Ii... 01 rlgh! under ~ by ylrtue of Ihl. morigegel .nd In ,... evenl Mid MORTGAGORS .hall for .ny r.alOn f.1I 't> keep .he uld pr.ml... lO 1NutecI. Of fall to del,.,., promptly .ny of ",Id pollclel of Ina",1ftCe to .aid MORTGAGEE,' or "II promp,ly to pay flllly any ptemlvm t"'r.for or In any respect f.1I to perforM. dltch.tg., ..ecut.. .ffeet. complete, comply with .nd abide b'f thi. covenan'. or .ny pa" hereol, uld MORTGAGEE may place and pay 'or .uch in.uranu Of .ny par' t"'reof without walylng or .ffKllng .ny option. lien. equity, or rlgh. IInder or by y!rlue of Ihi. Mortgag.. and 'h. full amount of HCh and every .uch payment ....11 be lmrnedi.tt8ly due and p"yabl. end ....11 bear 1"'-'8" from .he date thereof until paid at tM ret. of ni.,. pet c.nl"'" pet .nnum and logal"" wllh IIKh Intetes' ....U be MCUl'ed by the lien of thiI mortGiao-. 4. To perml1. commit or .lIff., no wuta, impal,....... 01 deteriora'icf1 cl ..Id ~ 01 .ny part ~f. 5. To pay .n and .Ingul... t'" COlt.. eN"," .nd ..penIft, incl~ . reuon.bie ."or".y'. I.. .nd co." of .b.tracn c>1 tltla. incurr..d or paid .. any ,IrM by ..Id MORTGAGEE, beuv.. 01 I~ tM event of t'" fallur. on the part of the ..Id MOITGAGOR to dul>;, ptOft\ptly and flllly per'OI'm. diKharge, .,,<<ute. .ffect, complete, ~ with .nd abide by .ad> and ....ry .... "lpuI.,1ont, .....,.,.... condlt'?ftI. and co....,..n.. of Mtel prornillOry no'. and thil morlgag. any or .Ither, .nd ..id e<nfl. c"-get and ..".n..... .ach .nd every, ....11 be Immedia'ely due and pay.blel whet"'r or not ,..... be nolica eM- mand. a".mp' '0 collect or .ult pendingl end the full amoun' of each and ..,.,." wch payment ....11 bear int_t from .... d.t. t....eof until paid at ,he ra'a 0' nine per centum par annum; and .Il Mid aM", charge. .nd ..pen.u Incurred or paid, ,~ with wch inter..t, ....11 be MC\Jred by ,he lien of thlt mortg~, 6. ThaI (a) in t'" .vent of any br.ad> of thi. Mortgao- or delault on the part of .... MORTGAGOR. or (b) In tM ev.nt .ny 0' wid .um. of mone) herein r.ferred to be not promp.ly and flllly paid within thirt.,- (30) dayl n..t .ft., riM ...... ..y.,ally b<<_ due ....-I payabl.. wi,hout demand or notke. 01 (e) In .... ."...., ..cfoo .nd .yery t'" .tlplllatlona. agreemen". condition. .nd covenen.. of Mid ptornlNOry no.a and thi. mortgage any Of .lIkef arl! not :tvly. ptomp.ly and flllly parfotrned. di1.l:.....gfll, ..ecutKl. .ffected, complated. complied with .nd abided 'ty, ,hen In .it.... Of any lucn .v.n' ,he ..id ~ grega.. .um men'ioned in ..id prominory not. then remaining unpaid. with Interes' Kcrved. .nd all moneY' MCured ""aby. .h.1I become due a"d P'r- .ble forlhwith. 01 ''''''ufter. .t t'" op.ion of Mid MORTGAGEE, u t...lly end compl.tely a. If all of .he ..Id .um. of money \V,,'8 originally "ipula'P<l to be paid on luch d&y, enyihing in .aid ptom;nory note or In thb Mortgaga t>> t'" con.rary nolwith..anding/ .nd ,herevpot' or '''e,..II", at 'he option of ..id MORTGAGEE. wilhout notice Of demand. luit .t law or In equity. ....refor. or '~raaft.r beglln, ma'f be ptosecuted .. if .11 money. ncurKl .....reby hed ma'u,K1 prior to i" ins'ilu.ion. 7, ThaI in the avenl thaI ., ,he beginning of Of a' any .ime pending a"y .uit u~ thi. Mortgage. or 10 foreclose iI. or '0 re'orm i', or '0 ""forc. payment of any claim. ~reunder. lIid MORTGAGEE .hail apply to the Courl haYing jurisdiction lher"of for the appoin,men' 01 . R~"iv"r, .uch'l:ovrt .hall lor,hwith appoinT a rec..ive, of said mortgaged ptoper'y all and .ingul.., includ,'tg all .nd .inguler the Inceme. profill, in.,..s &nd rev~ues from wha'ever ,ou"e de,ived, "ach and ey"ry 0' which, it ~ing upt""ly vnden'ood, I. h.,eby moo'gaged .. If .pe<ifically .e' fOfTh and deK,ibed in .... gran,ing and habendum c1.uses he,rof. and luch Receiy.r shall haya .11 ,he broad .nd ,flac.iy. fll",'io<>. .nd pow." In anywise ",,'rus.ed by . Court 10 . ilece;ver. and .uch .ppointmen' .h~1I be nwde by .uch COllr' 81 .n edmifled rquil)' .nd a meitH of ablOlut. r;ght to ..id MORTGAGEE. .nd wi.holl' ,eference '0 'M .dequacy Q( inadequacy of ,h. yalu. of ,he pr~rty mo,tgaged or to t'" lO~'ancy or Inlolveney of ..id MORTGAGOR Q( .he defandan'., and tha' ....ch renll, profi'l, incorM. inu.. .nd- revenue. .hall be appll.d b'f .uch Recely., accora"'ll '1) the lien or equity of Mid MORTGAGEE end the p,.c'lca of IUch Court, 8. To duly. promplly and f"lIy perfOfm, diKharge. uecvte. .ffect. comple'., comply with .nd .bide by e.Jch and .very t'" ..ipulations. agreement.. condi'ion. and CoveN nil in .aid ptominOfY no'e and ,hi. moItgeg. set forth. 9, Tha' In the .vent .... ownenhip of the mortgaged pc....i.... or any part 'he,eof, become. y",KI In . pe'lOn O'Mr than .he MORTGAGOR, ,... MORTGAGEE, il. .UCC..lOn ."d a..ign.. may. wi.hout no'ic. to tt.. A.\ORTGAOR. deal with .uch .ucceuor or .vcc""or In in'.'." wi,h r.ference to thi. mo"gage .nd ,he deb' haraby U(u,ed in 'h. .erne manner .. with Mortgll9or without In .ny way Yltia.1ng 01 oiKha'ging .... Mor'gago,,' liability her.. under 0' IIpot' Ih. debl he,eby .ec",ed. No .al. of t'" pr.,...'... ......by mortgagee! .nd no forbea,anee on .he part of t'" MORTGAGEE Of ill ,uCC."O<I Of .nign. .nd no ulan.ion d the II,.,. fQ( the payment of ,... debt "'rsby MNred "Iven by the MORTGAGEE or i.. .UCcellOrl' or a..ign., .hall ope,at. to r.!a,..e. discharge, modify change or affect ,... original Ii.bility of ,... MORTGAGOt """'", elthe, In whole 01 In p&rt. 10. It i. spe<iliully agreed th.t .ime il of ,... cuanc. of ,hb contrKf .nd tt..t no waiy., of .ny obl;g..lon .........r.de, Of 01 .... obligation ... cured hereby .hall " .ny time ther.after be ",Id'to be a w.iy... of ,he t.rm. .....eof or of tM ins' rumen. MCured "'rby. cl.oy .nd yaM fin' afor..ald. c ~1!!ZL..f ;3, 7K~cJ(~al) STAT~ OF HlIiCj;),. l Ethel MclJonn.ld. $S.. COUNTY OF c; !ilnt Lllcie Eth"l ~. McDonald. 9.190 known as "'for. me penonally appe.red 11 S ~ nQ'le adul t ~, to me well known .nd kno....n to me 10 be t'" lncljyldu.l. cieKribed In and who .xecuted .... forago;ng 1nI1rument, end ~Iedged b.for. me ,he, they executed the M.... for the pvrpolel It..,.in .,.~ JMlktIMCClIIt xtIJlI~'" ~~,,~ X"'*ltoJ(lMlJ(~~JN{~ JIlICItMOlItl~~~~~c1(X ~g~~m\~t"a<<lItw.::JUfJYt.JUIIJ[JliiIr~"'il&Illi,W WITNESS my....nd and oftldltl...1 ttU. 2c;th de)' of u ust A.. O. 19~ \\\\11""'", ",,'~\ CO' . r". ...' '\. l. t. . '.' /~..;::;:~..~i,- .~ Qi \0\ ;\.ttYfort".Pierc.. : J: ~.' ~ ~ ROrw. :-. ...- \. . . . . . r -: \ !'")....4,\-.\C'ii4(' -:,...""", -. r '-J tJ ... . .., .... ... ".. ..., ....,- /" ..... .- ~ ". ~ ,. ..-..... .... '. .if.," /.. r - .~ t~..... . . " r; j::;1 ~ I' . tJotIllY Public In end ,lor .... Sf... of Florid. .t L.rge My '-INIOn explt_ ~ 97712 Notary Public. State of Florida at ll'r"e My Com miss on ['pires April 24, 1965 Bonded by Amencan Surety Co, 01 N. Y. F\LEO ANO R~OROEO 1N?l" t~~_BOOK \96\ AU(; 25 PH 3: '7 ;luGeR POITRA:. ~lEr.K ST.lUC1E COUNl1f FLORIDA It. 4_.L~ '""- ...~... '';"" f.ilt..I.~ .", \\ ~ \. \"..., . / () ....-.....:.:.... "',." .' 0 . , ,,'" .' " '. , ~/~. :.~-.".... v,:" "'::~' I F ~ {;(-;,:"!/" ~\..:-y,:,~ ~ -.. .=' 'JI; I . ...............': 0 . . ,'.', o. . 1/"(' ",', .... .." ~ ,. ,:'j/ /. -.- -:...) .,..1 ._'. . / .' .".' . ..., '. ,.,..t... \.~... -. """.....,........ ~<..,' . .")'I;'~ _:~ ST. ~ , ' '.,','~J..fH."'.'.' ~??12 e (Seal) (~.I) (Sean II