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Home My WebLink About0202 o. t: 5v;)I 18 M197 ST. iU:![ CQUPHY. HA at all timea peaceahlj' and qWelly to ft_ upon. hold. occtl.py and enjoy .id Jaqd; dtallakl 1ud is hoe from {J: es:lt.:'lIm~; that they will mu.e such futtbet- ~ to pen.:t tb$ fee _pitt t.itle to lI&fd laM iio the ~tion &II may ~bI) be required; an;:! that tMv do bel'Cb}' fully wanrmt the title to hid land and will defend thto MIne against t.'KI lawful daiml 01 ..11 penovu wh~. PROVIDED ALWAYS Out if the MClll'tpgon ~ well a..-.d truly pay unto the Aaociatk.-i, tht- ir~ ~ by that rerlolin prom.laory ~, of f'Ven dare ~ made by th., Mortwagont and pe~a,* to ttw- Ahoc'-tlol1, in the principal 5um of S' X THOU.SAND ANO NO/100-----~..-----............_........:...-...---_:"~- Dollan ($ 6tOOO.OO ). ""bleh note. together with interflst thereoa as thf,rejn spt.'cified, is reyab&e in nmuthly inMaDn..entlJ of S I XTY-S~Y;;N. .;4.N,O.. NO/1QQK"~~~~-""-----.....---------:-----------DoluU"5 ($ 67.00 ). on rh.,6. . .. day of each month commencing with_ .. --_..--Q.~.T..Q.'-.~-~__~h~1.9~j_.__._ _.n _. . which payments are to be applied, fint to interest. ~ the ~hwtt to priYlCipai, until said .iiKlebtednea it paid In ~: and shall ptrionn, comply with aod ahlde by e.ach and every the ltipu}ations, agreemenb, conditllOtU and COWiDants of JaJO promiuory note and thu mortgage. And, including any advancec IWld" by the Auodatioo to ~ Mortgllgon. or their .uccenon in ti~, for any putIlQIf'. at an~' time before the rf'I.eue and canoellation of t."IUa mortgage, but :it 00 time shAll this mortgage IIoeC\U'e advancea 00 account of said original note together with such additional advances in a sum ill eXCCI:J oE--.--S.L~..J.H9V.S.MiQ.....:~.fI!Q__.~9/tQQ. . ~_:-....~....":"~~-.-~~-....-....--....-- -......:---...................:"":--- Dollars ($ 6 tQQQ.~OO . ), plus any advances n~ry to protect the se<:urity and costs, ~'t1 this deed and the estate hereby creat~d shan ceue and be null and void. AND THE MORTGAGORS DO hereby covenant and ltgl'fle: J. To puy all and singular the principal and interest and othe-,. sums of money payable by virtue of said promissory note and thi.~ mortgage, or either, promptly on the da,.~ respectively the same st'VeraIly come due. 2. To pay all and singular the taxes, lU3IeIImltmD. levies, !~bilities, obligations and incumbrances of every nature and kind IIOW on said dMCri~ property. or that het-eafte:- may be irnJX*:d, suffered, placed, levied, or assessed thereon or that hereaft~ may he levied or asse-~ upon this Mortgage, or the indebtednea secured hereby, each and evtory, wnen due and payable. <ll'C"oruing to law. before they become delinquent. aild before any interest aUliches or ROY pena.lty is incurred; lind insofar ::.s any tht'1"eof is of record the same sllall be promptly satUfied and discharged of reoord aod the original ofhdal document (such 3S. for instance, the tax ~ipt 01 the sawiactioo paper officially endoned or Cf'rtified) shall 1>0 placed in the hnnd. of said Association as Mort!!;agee ",;thin ten da)'! next after payment; and in the C'vent that any thereof is Ilot pElid, satisfied and discharged. ;;aiel AssociJ.tion may at any time pay the same or any part thereof wiL~out w!living or affecting any option, lien, equity or right under or by virtue of this Mortgage, and the fuil amount of each and every such payment shall be immc<h-'ltely due aIld payable and shall bear interest from the date thereof until paid at the rate stated in the note secured hereby and together with such inter- PSt shall be s(",,('lIred by the lien of this Mortgage. 3. To ke-ep the buildings and all equipment and personal pruperty now or hereaft~r all said premises C'Oyert'd by this mortgage, in.nlred in a .~um equal to at least the amount of the mortga~e, or an amowlt sufficient to comply with any co-insur- ance rt'<"!uircment ('overing the same under the laws of !:hI.! State of Florida, covering loss from both fire aod stonn, rnakjn~ th<- loss under said po1ic-ies, ('a('n ami every, payable to th... Ass"xiation. as mortgagee, as its interest mav appear, aod said insurallct"' ;;hall be in a good and responsible in:JuranCf:' compar.'y satisfactory to said Association, and w'ritten by Ii responsible loc:01I >lgt"nt ~all~fad[)ry to said AnociatiCJo; and the policy or policies shall bear a standard mortgllge dause without contributiofl, llf!d shall be held bv the Associatiun, .l!ict ;n the event any St'ill of money becometi papble under such poiky 01" poliCies, the Association shall have the option to receive and apply the same on ac'(:ount of the inoebtednes, hereby s~'(.'llred, O( to penn it the mortgagors to fl'Ceive" and use it, or ar.y part enereof, for other purpo~, without thereby wlli\;ng or impairing any '~qu;ly. lien, or right w\d('r ,\lid by virtue of Ihis mOltg,:~t'. and may place and pay for such L'1surance, or any part thereof, without waivii1g or affcding its opti,n. to foree'lose. or any light hereunder, Rnd the full amount of e'KIt aao e....ery such payment shall be inmlt'tliatcly Jue am! pa~able ami ~hall be-ar intut"'St frol1~ the date theroof until paid at the rate statt-J in the note secured hereby and together with such inlt're<>t sh;lll he secured b)~ the lien of this Mortgage. 4. To p<;nnit, c-oJlJmi~, or suffer no w",le, llnpai.r[J!~'nt 0r dCklill.ation of sajd property, or ar.y part th{'reof. ,me! upon thc' failurC' of the mortgag()r~ to ke<,p the h"ildinp on said property in good condition of rep8ir, the Assodatioll may ch'mand the immediate Il"pa:r of s:lid building~ or the- irnmt..diate ryavlTicnt of tIll' debt hereby seemed, and ~he failure of tbe ii:mtg,lgC)rs to C\lmp:v with said demand of thE' Assodatioil for a period of Thirty (30) days, shall cC'nstitute ? hrf".1ch of this mortgage". and, at the option of the Association, imme-diatl'ly mahlrE' the entin' umOlmt of prir'cipal and intelest herebv secured, and the A~s()ci,llio!1. imrne<::liately Ilnd without notice, may INltitute procct,din:;::s to fondos!" thL~ mort~ag<' and applv lor tbe appointment nf a He-cehi.'r. as hereillaftf'l' proYidf'rl. 5. TIds mortgabe c.,-,ntraC't provide., fo' :dditi,)n;.d adva'l,-';:' which ma)' be made ilt the OpliUll of the aSS<:I(.iatioll and <ecured by this m('rtg!lge, tlnd It is ap'L'C<i that in the event of stich adVflll':es the amount may be added to thc' mortgage deht and sh..n :nc-rC:lse the unpaid bahnce of the note hereby secured by the amount of s\wh advance and sInH be a pari: of ,:lid J)r,te in,,-iehtt:dllc~, unJer t'~U th(~ trtT'l~S of :;.,~dd note and this C:Jntnlct iiS funy 3:; if a nevI(' ~uch nGh! and (~Jntra('t \''W'~~re ~xe{.IJ~(.d ,'I,d ddi\'t'red. All additio"al 'Ictvar.(t.' agrct'tnt'11t nhlY he givell and ;'lc+~eljttxl for wc!J advar'!(.'(' and pro.....islon roay b(' m;i<k for dirfnl'nt monthl\' pavrneuts !Hid a different int\?rest rate and other expn__s~ ilIl}Clihl'a!KiTlS of the C~)fItr.J('~. hl1t in "l! otht'r resped< Ihi'. C'):ltr:lC"t shall ri.'rn.]lI! in f\in force 8il.:i ",Hc'd iH tc; ~"'id indcbtednes.s. including al1 adv,u.c-e3. ;::':;ri:;;;,~:\:k:~,:,\jf:::~::;;:;,:,I::~::~i!,~i;:,',;f,,82~~::~~~~i~t~::~ji:\~~~~:~; ~i;~i~~2Ji::;,~~'~~~~;,'~:~:':i;)~1:~gi s:!(dl bo(,.-,cG:n~ (JUt' ~lJt(!. l:-<a~.:tble .iiJrtlrlo'n~rl Ot t1~cre;:!fter at the optio:J of tht- 1\.S-YY.~ldtjun. ~ji) full!" and cnrnpletely t1~ it s,ud ;:tt;)~rf"g<:lt" ~,:..~j/;,~7;~Il\,~I:::~~Y ....;a' (;"'gl!".jl)"~I[H'bkd ~o G: p"id un ~'.i('h cia\'. .mythlllll, ir: said pn'U)\",f'ry not" or he,,,i,, (1-' tho ['(l,,((;\I"; Ii--.'t. 7, To d~.h\'i:T ~i) ttH' ,"\.\.~(;('Ldi;:ln, fjr1 1)1' to't.~fun~ :'\tJff.:h l.~)th. id:~:~i:L ",...:ar, L,':( I('';.i:'~pt:; f:~vjdpn(:J!\g dl.f;- It.aY;'lJf''~Jt of :dl L~'v"- filil!' il:lpOSk'd LD::e,:; h,r the i')rl'~:'c".-h~'ll~ c:"~h',~rl(,i~~r ~~eJ.~, to deh'lt'y to th.:' A_"::v:)'ri~t~~)n rf:<"-::,~p~.\ e"'o"idf,",!i/c)ng th~ F~yr:n-eflt of aU he'ft~ ..i~~E:(i f.: i;':';,;,:'~~~:~:;\%:; ,;;~;: ;~~!,.0:':,:~;~:;' l::~:E~i,;;~~'E:~:~~~:~:~~:~~;;;: I',:, 0::,~' ,;.:'~~:;';;' ,;,:~;;:.: -.>. ,~~l:"H.'~~.