HomeMy WebLinkAbout2596
I
...,... .
\
,I ~
'I . , <:'
.','~;;I'\~ Cierk
. . '~. . ~
.. .. '.......", ,'(..'
)' j , ",'. t
8y' ':'~',; 't,'1: ,~~-u.c' c.
I
. I.
I,:
r
.I
'-r
L
. .
,I
S-f '.
.. IIIi
,.
I I
I
0, R,
BOOl
.. ..:... ~~ HOLD die ..w ~ .. ..., JIIIJ ~'~t-tmJwrr;.,~", Wn. r" " ~'MCh-.A.
, .
PROVIDED AL W A VI - rbU eortaIP Is - 11M apl" QDDcIdoa. ... II .., -.onPcor -11 ,.,. Of '*- co lie ,.w .... _
01 -r '1'1 I......d Ia IUd ~ ..., Of DOfU .. the ___ . ... ~ _ the ..... .... . die __ -.as ...._
due, accordma 10 me ttue iDIMI -r ...... dMteoI. .. ..... ,., aU ocbef ... provWed 10 .. ,.w '" ... ~ IalI .wI ~
Ion. IDd .wa. bp aU .. co. a fIIild 8If' ,. IMlIIe --~ ~ ... ........ -.u bs .oW aM .... __ .... .ad ....,
ar-t.d IhIU WUI ucI 11_.... _
~ r..uD MOIlTGAGOa tIoc, ..... 4>>~aw>I wldI elM ___" r .... IUd IIOI1pFt ~e .. ii_ 01 .. -u... _ dIIiwn
01 cbeM prfteGU Is lodeIeuibIJ __ of IUd Iud 10 fee u.s.a. . afOraeid' daac laid ~ .... ~ ri&hc. IuD poww 1M
lawful IIUchoricy 10 1Rft~~a. ..u aod COO"7 cbc lame 10 dM _ ead fonn aIorea.ld; .. Ie IhalI II. Iawf1I1 IOf die ~
ae aU time. 1-"<< , lad quietly co __ Dpoa, hold, CICa1pf aecI -jar ..w IaDd lAd .-, I'U' .... .. 1M "'11I1 ~
Jhat eaJd IaDd, lAd e9ft1 ...~ dMnlo(, .. fiw aecI deat 01 aU ocber Md foc--r u... .---. m.q... ~ ..... WI dtIea
md/ot ctTti6a.... 8Dd aDa..btMae 01 ...-.ry Iliad end .....; fI&I IUd ......... doee full)' WlU'IMI ... ... 10 ........ _....,
pan cbcteol lAd will fotfte cW.d ,lie _ ..... .. ...,.. daI.I 01 .. ...... ~.,
AND THE MORTGAGOR do.. henb, Nrthn- ~t, ptomiM MId ll.... eo md wida me ~ .. follow.:
I, To pel' pnlCIIpdy a, titer ......uy '*- due aD aecI .eplar dw ",.t.lG((s 01 priodpal ead 10___ md ocher _ 01 ...,
paJ'l'.ble by Ylrtwe of tald promiuory DOCa Of aoteI Of aey .-.1 Of ateMioa 1hInoI. lAd bp Yinue 01 tbIt ~ all puc due
uuentC 10 bear ioccn.c :'1 m. tall! 01 .... (10) per ceDI per _um from ill due dae. uatiJ peW.
1, TO:M' aU aacI ,iJlsular the cotCI, f-. dIuaet tIDd ~ iDdudiq COIl 01 ahscract 01 tide 10 the .,." cIetcribed pnmbes. aod
rca.psable anomcyt' fea, which the mo"Pfl" ma, be put 10 or ioau- ill coUectiq aD, lIUto, eicbu of priDdpoaJ Of iatara&, .1iK1Ited
berA7y, or la Proteetinl me DIOI1ppe', .ault}', wbfther bp .wt Of oc.berwi... .
}. To permit, commit or RlIfer DO --. u.,.u-c or decerioratiOll of Mid propeny or all)' pen chereoI; eo permil DOCbiaa eo be
<<- eo Mid JlI'8B1- chat mar la _, .., weekea or hDpaU the teruricy uoder thi. DIO!'1PP-
.c, To perform, comply with aDd alMde by ..cb 8Dd eftIy the COYawlIu. aPee-tI aOd roDdicioa. 01 talcl prC,.inory DOCa lAd 01 dtU
1DOfIaace.
5. To keep the aboft deKribed pRmi- la .. dua repair aDd la .. a.od coodicioa .. _ _ In; 10 permil the monpsee co
tIIter upoa and vi_ saJd premian. The buildinp bOW located 011 premilft IWrein or which may heruher be loca~ or ~ed there08
tbaU DOC be reloClued the~ or ~ tbenfrom, allered or remodeled withoue the wrtneo COOICDe of the ~ or ......; aocl,
it> case of breach of this coaditioa, the peniee 10 doinl or the monplOn tbaU be liable 10 the monp... Of ~ for .., ....
cIc.ae or im~rmmt of the property 1eCUrin. thi. mortpp; and dU. monpae and DOCe or DOCft NCured cbereby Iball, Ie ill eodftCy. be-
come immedialely due aDd peyable at the opdoa of the mortgagee, Thi, ~pp Ilea exteodt to MY bWldiec DOW siNate 01 which
-y hereafter be .iNale or loca~ 011 Mid premilft and matenah compotio, taicI buildinp, wbedMr an.cbecl or detached co the real
estate herein; and io ca. of the !ftDOval 01 any buildin. now located 011 taJd PreaUlft or which mar benaftet be I_ed .-- or dM
material com~ same durio. the tcrIII of this mort.... co ~ oeMr premiM'l, the lieD of this IIIOrtpp Ihe.U ~ ud be _
forcea.ble apuut tald buiJdinp or _terial wbenver .... _y be mo.ed Of rdocated:
6. To promptly obey aod comply widt all IaWl aDd ~ 01 aey and aU duI, COOIdl1lCed ~ "rides. eo pe,
fII'OIIlptly whea due all tad singufai the tues, .-v-ems. levies, liabilities, oblipOOas aDd encumbf1llloCft 01 IWrJ' kiad and DIItW'e dwI
may he levied, aKUed or impoted upoa Of apiQR .id premises, Of upoa thU IDOI1pp Of the ill MheA_ MCUnId hereb,; 10 permit
110 liea 10 acaue Of -m 011 ..Jd premiJn, or aey pen dwreoI. Of 00 the iJDpco.~ ~ wbicb IDiI:bc take ".edeeu O\'ft me
Iiea bereia aDd beteby created; to depotit with the IDOM~ 011 Of before the fint da, of March in each year. satiafactot)' rridence of the
peymeou of .11 Wles, A'_'meau, public char.. end li_ 01 "'"Y naNn, affecting or which may den. the aboYe &..cn"bed J'l'ftDiset
or any pan thneof; that the ealire priocipal IUtII hereby ItC'Ured aDd the iArernc tbereoo; may at the opcioa of the IDottppe, be declared
immedialely due and peyable, la the ".ftU of any chao,e in the law. of the State of Florida, either by lItaturory eo&CUDeal Of by judicial
deci.ioo. whereby the peyment of aDY of me Wtn. ..-mmu, Utili or cbarxn ~ Oacribed may be impoted 011 the IDOrt......
7, To keep the buildioSl and all equipmeal and perlOll&1 property now or hereafter 011 IBM ptftl1ites co'\--ered by this IDOrtgage insured
at all timet &pin" fire aDd windstorm, in a complUly or companies at..y. acceptabl. to the mo"PpC in A _ equd to at leut the
tIIIOUDC of the IDottpae. or an amourit lU8icieot 10 comply with aay ~~ nquinment C09UIIIJ the __ ueiIer the a..r, 01 die
Sue. of Florida. ...un, the loa UIIIISer aid po~ acb aDd t9ftJ. psyabl. co the IDOnp,.. .. it, inm-ac _y apptU; ead the policy
or policies tball bear a .u.odard New York IDO~ da_ without cootribudoo and tball be held by the mortppe and, la the neoe
any sum of money becomes peyable under tueh policy or policies, the IDOrtppe thall haY. the option CO recti,.. aDd Apply the __ OIl
account of the inddJcedneu hereby ...~ or to permie the IDOnpcor 10 receive and use it, or u, put thereof. fOf.other pwposet,
wichoul hereby waiving or im~rio. M, equity. litll or ripe under a.od by vin.. 01 chi, tnOI1p&e, lad may place and pe)' for tuda
iluura.nce, or aDY pert thereof. withovt ..im. or a!lectln. hi O~OII co IoredOle, or any ript hereunder. and scb and nay peytDeIIC
10 made .11 bear interest from cbc date tbereol at the rate of dabe per CeIIt per lUUlum. JIllyable semi,a.-ua11y,
8, 'ThaI if the monpIW fails or refutes CO thus repair and/or ia~ aid premi-. or to deli,.... tueh inIanIDce polJdn. pnmiumt
peid, .. herein pro'\-;ded, or (0 JIlly and discbar,e any Wles, USftSm~u, lims, charI". or ocher COItI herein &peed eo be pllid and di..
charr,ed, the mort~ may, at hi. or ill opcioa, make such rtpllirs, procun such inlUraace, or pey and discbarge such Wles, .-
-u. Jims, charges or ocher COlts, and that it tball DOC be obJj~corr 00 the IDO"JtlI.ee to inquire inlo the oecnsicy or validicy of tudt
repairs, lUes, useummls, liens, chargee or other COIU; thaI nothinll berela contained thall be COIIurued .. requirio. the mortppe 10
adYUlce MY tnODe)'I for any of the purpotel aforesaid; that the exercise by the DIOI1~ 01 hi. or iu opdOll co adftllCe lnOM')'I for tueb
purpoMI thall In no wi. waive or affect hi. or iu ri~ of fotKlOIUft or any ocher ritche or remedy hueuader; thel all moneyI
thus ~d shall draw interest at the rate of ten (10) per eml. per annum. and, toaemer with all reuoaabte anOfDly', fen, CC>>tI, charI".
absctact fea and npenset of foredOlUre or other proceedin~ _II be I'epllid to the 1DOrtp&ft, 011 damaad, and sba1I become 80 much
additional indebtedDeu hereby IeCUred, and if DO( ocberwi. CJ&id bp the IDOnppr. to be paid oue of the proceeda of cbc tale of the
mortpflCd premi_ in cue of foreclosu.re .. herein providecl. '
9. 'ThaI no nteasioo of the time or modi6catioo d the tenns of pllymeot bereinabooIe recieed nor any reaI_ 01 any pan or pe.rts
of me mortfCllled prea>i_ "en cbouP made without the consMt of the MOrlpJOr, thall release, .eline or discbarp the IIIOrtpJOr
from the pey-I of any of the IUID. hereby tecUred, but la .uch nenl the mortgagor tbaJ1 onertbel_ be liable co JIllY .uch _
K'COt'din. to the terms 01 tudl atattiOll or modifiadOll __ aprestly released and ditcharpd in wridq by the men....,
10. n.c in cue of cWbllh lD ..., of the pe)'1llelltl 01 priodp.... or incerac. acrordia. to me '-f or effect 01 Mid DOCe or DOCeG or
In cu. of the IKNaI or threare.d demolitiOll or removal of anybuildina 011 ..id premises, Of in the _t of any IKNa1 or threateoed
impeirmeuc of the teCWicy hereby puted, or 10 the evene 01 def.uh in the peytDCOt 01 any pen of cbc priDcipal of Mid DOte or DCUI
accotdin. co the tmot' thereof. t)r the tIlSeJ, premiWDS 01 lDsuruce or all)' ocher sums to become due ~, at me __ tba11
respectively ~ due and peyable, or in the evene of the breuh of any of the coveaanu herein coatained. .-. aDd la any such
neat, the eatire principal IUIIll bereby tecUred and the interest thereon, aod any peymeau which ~~" b-. made by cbc monp.a..
for repairs, iasunac.. CIlDS, ""'SIMIles, com. charttes, npenses, abSU1lCt f-. anomcys' fees Of i-. tba.U at the opUOII of the
mortppe. become immediatel, due and pllyable withoue further nod" aecI dab IDOnpp may be fordo.d ill the _ aDd wida
the tame effect .. if each and nery of the sa.id iadebcedoetSel bacI otherwi.. _tured.
11. lllat ia _ suit tball be instituted in a compeuot court CO foreclow chit mortpp. the 1DOrtpI.. aba1I be eatided., .. a manu
of right and withoul reprd to the value of the premises, or 801-,. or iatolveacr 01 the panics, and wicbout eodce. to the appointmeal
of ~ wigble penon or corporaeioo .. a reuiver of and for aU and aiogular the monppd pretIlbet and me income met pro6ts there-
of. tuch receiver to lie" the usual powers and dutiee of receiftll in such ClUes, iacludia, the riaht co eater upoa. recei... leCOvcr and
take, complete poaeWoo of laid propeny and the rents, iac<-e md pro6ca cbcreof which ..... be appUed by such receiver IlCCOI'diaa
co law and UDder the difectioll 01 the coun a.1dftg MKh appoultlDellt.
u. Thae in the noeac the mon.-aed premises thall be told in f~w.u.re procftdj.si Or Odtu ptoc-tiap d.t _, be auborized
by I.... the proceeds of tucb I&lc tbaIJ be applied .. followt: Pint. to the pe~ oi aU UJ*IMS iecurred bcl.~, iacJucIiaa . rea-.
able anomer', fee for such tenica .. _,"be McesIat)' for me collecciott of the tecUred iodebcedoae or .,. pan thereof lAd me
foredosu.n of dU, aaortpp; teeocd, eo me pe)'IDCDt of wIwever sum or IWIU. the mortppe may ha,.. paid or beaMM liable eo pe, ia
cut)'u., _t cbe opcioa, tenM aDd iii".....""" of dW mortpae. third, eo the ~ IIiicl I8ds&cdoa 01 Mid DOlI ud .... .... .
tbcreoD.
n. That the IMiliq 01 . wrinea notice or demand addressed 10 me OW1M!' of record of the IDOC"tppd ~ cw dU8cted to ....
Mid owner at the Jut edcftts K11IaUy huaUbed to the ~~ or directed 10 Mid OWMI' at aid ~ ~ and mailed bp
the Ua.iled Sa... -u.. au be -Ik'- DOdct ... ia ...,. cue ariIliai ..... dais iasu~ 8Dd requincI by .... pIOnu-
hereof or by law,
1.(, 'Thae the IIIOrtJAaOl' hereby wains all riabt of ~ad nftDpdoo fa the ~. cIeecribed propen)' lAd ..,... thu dtia
aIOrtpfe aad the DOCe Of DOCes above d..cribtd ...... be _m.ed KCCrdiaa to the ..... 01 die ScIre 01 PIoricIL
,'- That in the netIC die ~ ..w .... the IND. of die lDOftIIIp! PftGIisa. cw .., pan dtenof witboat .. CIotlIMDt of
the mortp,", m. cbe ttatirc prioapal _ aecuna ~ ...U, .t the o1JCioa of the mortpaee. become 1 ..I....., _ ucI paytIbIe.
thae the lDOrtaqor. co funher I<<1II'e cbc par-c 01 me iDcS<<bc1ldDets herein aboYe described, does ....., ..... eo ibe monpaee. all
the reall and pro6u of Mid premiJes ~ Md becoaaUaa due tu~_e eo ud duriq the .-"vcr 01..,........ dIe..,-
of .., priDdpd Of ...... bacby eeaared Of ia the paforvr N oi .., 01 .. co..... MnID ,..... .
16. Tbac each and ......, the CO"f"eIIIDCJ, term&, coaditioas and aar-u heteia coacaiged oa the pan 01 .. ~ eo be per..
forIMd .... kepe. ..... auod eo and bW eacb and ..,., the IDClttp&On, if Ibere lU'e IDOft ... .... .... eadI ... ...., .. ~
lepJ "p.~_ and == IIId ... .. .... .... Dan eo lite...... 01* ~ II/IIUOf...... r" I , "M'JrIo.........
I l'f..... 11I<<_, ... m..oI.
17, 11Ia.. ~ cw Jbe ..... uaipa" .....,... I I'.... -Ucw "..~.. dIerd. .... 1M ........... for fanber aeaadIr
II) .. u.. dIloup ,...... of .-d, 01 .., McI ..a f"'C t... p.id OUI 01 tbe pcoweda 01 die .. ..... .., dIU -...
. 20 PACE 489
'.
/.