Loading...
HomeMy WebLinkAbout0147 ) _ .~..______.':....._;..-~~,o;.<;,...~~~,;,.,....,;.:..."....~~......:.,.~~f..l'..--"""""'~'~~W- :.# :-.,......._...."'""'",_.....,_.....u.."'....'''_ft..; ~ i ICOi 29 rMt 145 9. If tM Mort..... ......kt fA ..., ~ .iJ j4{~ ,,~ ~ -- · in .... "'*, then .-ht ~fort'&I" ..,. ,"forUl tbe -..me. Mid .n ... ~.~....."'-.. MM1J1. ~ ~ Utd~. ~w.r &not"",', f~, in 10'" IIhall <lnw int~ Ii! die ...., .. -- .. ..-.m .... "'1 ~ ,.,.we mc-.l~ ltl<! .rtlw.Jut dtmtad. IOd ..a .. .._~ .. ~ ~ eM ... of thM -tcIIIL 10, Th.al PO WaJWT.oI .,.,. ~ ....... ., ef die oW..- ~ hcnbr ~1 It MY tWoe tMlra.fttt lie brlJ to ~ . ....iTft ~ tIw tn'IIlI ~.. 01 the... ~ ~. . ,t. 'I'ftat lhot maUlni 01 ... ~ ...-ice . ~ ad4...-d co It. ~ of ftCOf'd of lhe ~ pns'n..... ltf .fu~"t~ to tht JItid 0W1W1' It ., .. ...... ....., haY..i.... to * Mort&*<<". or dir<<ted to ~ 9W'Wf At Mid fftOf',..a::-d flftffi.... and ~ \or * Uft.itd Sac. ..a.. tha1l t.t IUH1t.-ic-nt 1'\Ot~ .nd janand in any ('JIIof ..n.inc W!d('f tbu imf1llmffit and ~_ .., . ,...... ~f Of' by \aw. 11. Th..t in orckl Ql(Jf"f hJUy ro ~ .. CIl!JN1ity of ,hit. mcttl~. tM Mortl'f.'Or, ~ with and in a.JJi. ~ to Ih( lfiOflthl)-rnmmn unOtrr dill' tn'mI of ttw no<< w<urf"J hn~b" on thoe Ii"t d.y of f"I(h !f',('M\th t.r..d ur.lil u;J noott ia h,lh pad. Jail ~y f\J t~ Mo~, an i~ullmft\t of the: lun and ~f'l\<(,lIr to ~ du-r ..-iOlt tht rrer1- I~~I PH'l)'*'. a.l1J In i~ullmrni of prtmtuml MrC \'>:l bt-c~ dl.lt Qn IM\Ha.!l'\"t' poJK~ f~-u;"f"d by t~ Mortl&Ctt. S<;(h IUlt.llnlC'llt'i ~Il toe cqu.al rnpE'l"tivth to .UI.'.'h tnn #nod &o.t......rnh and i....JrllJ'l<<' pnmiu...... iUl .. "~Jl1~<<d tr, lilt ~lort(llI""". If'M &\1 tun;,; .lrt-3dy paid rlw-mWl, c!ivi.-kJ by l~ numbrr of monrln that I!~ to (>I.... toetort ~ month priM to t~ ,hIt when ~,j(h 1.'0 at~l ~nti ami ir~\.iaIKt Nt.'mi>lml will ~ctr..- dut_ SliJ il1!!ulin~nh .hall !:It ltf'IJ by thr \tOrfI4('rt, Wlt~t intcf"\. to PC")' ,u(h ta~n .nd ~l", alld j"'1J161l(~ ffC1\1i'lmt. All ",)n'lltnU rr-..a.k under ; I~ tumt of Ihil pafa<<r..ph .nJ I.lfldt, tllt nott W'\\lrnl ~rthy thAlI bot ..Mr,! tot.....rhu anJ I~ aurqt11t Jlnount tkrrof '~h.t.ll b... p.ald b) t~ ~lort&-aet'r HI . tiOilt pa)fnn\f t*,n month 19 i>t Iwht'J b, d~ Mijfll~ in ~~n~n! d tht ilWlJ and in 1M ordrr foHO'I'Ii.inl: (I) TaloN .nd UM'tV1'Jl'flll, ..nd lfa,;rallC( rr<<lliurra; (b) IntHn: 00 thto n<.>te ot(uf\,,\i httrtty; an-I ((') Ammliut>oo (" tht pnfl<'ipal of lAM note. An)' .it"fiotoc,; ill t~ .,no\Hll of m<h llgCft"C.1t to()flth\Y pavtnn1t .hall.;oostitu:t a drhu!t unJtr thi. mortll&Ce. \\'htn ,v<h fA(~,~W-nh ..rh\ iruuanu' rrrmlu""" f.n dlrt. if t~ !Lmnunti .ifPO'ltr-J by t~ MOltl.cot for ~U{h p'H~ .ut not \l.lll1of"'il1 10 p"~' ui.llil,n. ~rll!'nl\ -ioJ ill\\lUIKt' pfl"mi\l:m. U t~ (..~ lll.\)' b<. ,hffi .ltte. ,tit Mortl'a(tH ~'il! PH 10 Iht' \h,'tlal~ 'll\.h .If'hn('nq 'If;n'ol"rllalch. \Vlw--n I\/ch UJ;flI. a~n)('n!1 and in~urailCl' Ilr(,l'T\i\lm~ fill! Out'. if lhot afilounH dt'I"_"ilc.\ by l~ ~!ortlAlOr lor lu,h putf'Oll't" nCffd tht i1fflQ\lnt~ du~ for tlleh t"n, il.~W1'tnl~ and iniUnrK't I'rt"fnillll\'t, It~ t,<.("\.\ 11t..~. in Illl' dIKrt'ItOH of IN ~lor'i"(t"t. bto JWhtd on \1.l~\ltT\t ino:>t1lhl., l'&yO)(fltl 10 b.- rl\~Jt hy lhr \lorfitlg')f" III 1M fHnl of dda\.h l.!f\drr thi~ :nortgaf't AllY ur\t~~ndt<j fund. in 1M h...J. of t~ ~lon&I.Cff J"-POIHI('<1 by ttot' :\ll)!I~agnr to l11<<'t the obhllllioft\ of '~'". ..~tt an'; imuriirK( prnniurm ,hilll bot lPr-i~d b~' I~ Mortl11tC't Up.../l lhe IIlJrbtt',I:lM" lltrl"br ~\lrf.l in lhr follow;111 Mdtr: (aj, Inh~ln! 00 a,;h'III)(t"f Il""df hy th~ 'lnrti"(t'('; (b). :\,1. \ .l\H~ nl.Wt ~h lht '10rll/.~g<<; (('). lnltrf'it 00 th~ rrl!l(ip31; an,i (d) th~ prifKip.l Jd:>t IHfrtoy ~1I rN, \\rh~1I ltlY sUi..h 11HS, u.~'Il'lfi'.t, Of ilUi.W' ann pfCI11!Ull\i i iil .Jut Ih~ ~1()l! lAllJf will pru!nl'dy obu!n ai',.l ddl\ tr to tht M orllJ~(,\" ~Uf('- Int-n!, wilh tl'ipt'(t thuctll 1-' 1111, roorli'g;t \0..11 i\ho <<"(Uft Addlt;o;\.lllo"l' h"fu!ttr ",adt by fh~ thrn hol.itr d tht' IxPtt' tfi:UftJ h~fd>y to tht IOtn (;"'t1tr nltht l('lI\ (..,utt .1M<:fibord hU('ln, provided th~I no ~u(h addlli....fllll,,~fl .h.iI bot fludt If Iht- malmg Ihtil'. (,f wovld \aU~ flY wtal prine!\'ll irHkbtt,inn8 I('(llft.J h"cby to n<:ffJ fht IftlnUi'1 01 the oriltllul rrirt<:lr*1 indt'bft'J. nM3 H:llN ht'!rifl. E~h ~udl .d,I.1l0il.llIO.l1l &hAil be r;.idt'f)('('J by a Il{At' or o!l'!ef ni.lt'1'l((' ci indd:ttrJnt'M idrnlil');"J .,}(h .,IJIII(\t1al I.",n u put 01 tht indrbttdn~ footCurtJ hrreby, ..nd ih.ll Ilutllft 1'IOt laIn th.an 1M fMtl fT\.lluplt .hit (Jj Iht of;liliill indtbt~i~~ !.t"!:urtd htrrb)', No'hint ~f~in (Q!llainN ulall IOIP\Y any obligation (iO tht \"Att of lH1) tr.!ldu of \lid !i<J.lt to o\jlkt an)' "udl l!J.ht;Of\III,~n. 14. Mortlagor honbl asaignB t.o Hcrtiu!.~ an:J and all 8wa...rd.8 or d~.o $ actual end con8equential, for the taking ~f any portion or ell or th. MOrtgaged pr'~~60~, by tho 6xerc1s. ot the rliht of ..unent doaain or conde~&tiont inoluding but not ~imited to da.mag~8 or avlttda for ch~~", to lh. gradea of streets, or Acquiring title -40 Btr&~t6. The procuds ot Buoh .wa~'dB or damages, when received by Hortge..gee, 6hall be t!fplled in reduotion ot the ~rtgage ind8btedn.e3~ 15. Tn16 mortguge oecurea future Adv~nc~8 under the provialon5 of Ch.pt~t 697.04 of Florida Statule8 Amlotatl!d, M preeently aitHHld(ld. ynich aa.id a.dvencca tiliall not exceed the maximu.m principtLl alMunt. or $24,500-00. The initial adYOllCI)B ...r~ to bt.' mn.cif) in RO- cordance with A Construction I..oe.n Agrt"!:lont of even dau herflv1t.h betwun tho Hortge.goI". the ~~ortgage. and Ci t;y COMtruction Coq;.oratiotll the Contractor, vhich anJd A.gree~nt 1.s optln for in:;p4lction at tbQ of!1PJ of thG Hortgageo. Said COIlutn..ction 1..o",n Agreett:ont io incorporated hUtJln by refer4tnce. and &JlY doh.ult by the Hodg~or thereundn &hall ~ conaiderod all tvent of default under tbln Hortg!lgl!l_ 16. Thi6 mortgage and thti r.ot& 1 t a3curo~ wi 11 also Ii'fid~nce e.nd B6cu.re permanent mortgJgo finanoingt and ~he!1 couatructiQn h~n bean OQmylet~d and tho tersuJ or tho Coo- atruction Loo~~^gre~ont afor.mentionftd have been fully verfor~d ~d 6atinfied, said COI1&truction wan Agr'.}ement ahall h.av@ no furt.her force or efhct r...nd on.l1 t.he terllla flJ1d prov161oD4 of tlua ~rtgagQ and the noto thereby aeour~~ et~ ~enoe!orth be sFplloab18. ( --. s