HomeMy WebLinkAbout0215~. ~~ ,~-,c~~
•r ~ ~)
_~~. F.
;.. To piece and continuously keen on the buildings now r.r#r,+'~{~t~4~ua+d ~[Lr*+i~,ar:.i ~~ o,i all equipment and personally covered by this n~,orty-
age, with all pr^miums thereon paid is full, fire insurance in t~e vsosf star~ard policy form, in a sum approved :y the MORTGAGEE, and w:nas•or.n
inwrar.:e in the usual standard policy forn•, in a sum approved by the MORTGAGEE, in such company or cempen~as as the MORTGAGEE Huy
d!rect; and ?II fi•e er.d windstorm insurance policies on eny of said bulld~ng s, any interest Ih.oein nr part ,lereof, in the aggregate sum aforesaid cr
in rxcest thereof, shall coetain Iha uwal standard r. ortgagee clause or such other clause as the Alortgagea may require, making the loss and^r said poli-
ties, each and every, payable to slid J110RTGAGEE as its interest may ap?ear, and each end every such policy sFall be p.ompiiy ass gned and delivered to
any held by said MORTGAGEE et furthsr aea••ity to said mortgage debt, tnd, rot less then 'en (10) days in advance of the expiration of each poacy, to de-
lrve. to sail 'AORTGAGEF a renewal thereof, together with a •eceipt for the prernwr,, of such renewal; and there shell be no fire or windstorm insuran;a
plzcrd on any of said buildings, tray interest therm or part thereof, unless in the form and with the loss payable as aforesaid; and in the ever,'. eny w,r.
of money becomes payable undo wove policy or policies said MORTGAGEE shall have the co:ion to receive and apply the same on account of the indrbr_d-
ness ucured hereby or to permit said MORTGAGORS t~ receive and ute it or any part thereof fe. om~r purposes, •.vrtLoJt th.r•.iy waivri~ or u:~p.a:-
ing any equity, lien o: right under or by virWe of this mortgage; end in th•a event said h10RTGA~ORS shall for any reason fail to keep the said premises so
imured, or fail to dallier promptly any of said policies of insurance to raid AORTGAGEE, or fail promptly to pay fully an•y pre:n,um ihurefor or m anY
respect fail to perform, discharge, execute, affect, complete, comply with and abide by this covenant, or any {>art he euf, said fP.URiG:>vEE may p!acr a~o
pay fnr such insurance or any earl thereof without waiving or affecting any option, lien, equity, or right under or by virtue of this t.lortgage, end the
f u!1 amount of each and every wch payment shall be immediately due and peyab~e and shall bear :ntrrest from the date 'hereof until paid at the rate or
nine per centum per annum and together with such inters-st shill E,e secured by the lien o` this mortgage.
d. To pv~rmit, commit or suffer no waste, impairment or dcterioratton of said property or any part thereof.
S. To pay all and singular the costs, charges and expenses, including a reasonable attorney's fee and costs of abstracts of title, incurred or paid at
any tknr by said AIORTG.AGEE, beceu;e or in the event of the tailure on the part of the said L10RTGAGOR to duly, pro'ptly and fully pcrfonn, discharge.
-.Deuce, effect, complete, -omply wdh and abed- b; each and every the stipulations, agreements, condaions, and covenants of said promissory note and this
.nongaga any or either, a.rd said costs, charges end expenses, each ar,d every, shall he immediately due and payable; whether or not there be nut~a' d~~
nand, attempt to collect or suit pending; and the full amount of each and every soon payment shall bear interest from the date ti,ereol until paid at the
r,.t, of nine per centu•n {.er annum; end all said costs, charges ant; expanses incurred or paid, together with such interest, shall be secured by the lien of this
mortgage. -
6. That (a) in the event of any breach of this hortgage or default on the part of the 11'.ORTG,IGOR, o. (b) in the event any of said sums of money
herein referred to be not promptly and fully paid within thirty ;3G) days next after the same severally became d•.;e and payable, without demand or notice,
or (c) in the event each and every the stipulations, agreements, Condino::s and covenants of sad promissory note and this mortgage any or e,th-x arc not
fury, promptly and fully performed, d.seitvged, executed, effected, completed, complied with and abided 5y, then in either or any s.:ch event the sa,d ay~
gregate sum mentioned in seid promissory note then remaining unpaid, with interest accrued, and ail moneys secured hereby, shall become due and pey-
atre forthwith, or thereafter, at the option o} said MORTGAGEE, as fully and completely as if all of the said sums of money were or:ginaily st~pu!atad
to be pa~,d en such day, anything in said promissory note or in this ."tilortgage to the contrary notwithstanding; and thereupon or thereafter at the option of
said MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted rs if all moneys secured he;.-6y
had matured pnor to its institution.
7. that in the event that at the beginning of or at any time pending any suit upon this h'~ortgagc, or to foreclose it, or to rafonn it, or to enforce
payrn~nt of any Claims hereunder, said h10RiGAGEE shall apply to Iha Court having jwisdkGon !hereof for the appo,ntn•ent of a Receiver, such Court shell
forthwith appoint ~ re Ceiver of said mortgaged property all and Singular, including all and sing tiler the ir;com e, profits, issues and revenues from whatever
source derived, each and every of wh ch, it being expressly undersrood, is hereby mortgaged as .1 spac~~fzally set forth anti described in the graining and
h.ab ndvm clauses h•-rrof, and wch Rtcei.'er shall have all the broad a,:d effccih-e functions and {:ov: era in a.ayv,~ae entrusted by a Court to a Receiver, a:•.d
tech a^-pointment shad be made by such Court as an admitted equity and a matTet cf absolute r~yht to seid MORTGAGEE, and without reference to the
ad=-yvjcy or inadequacy of the value of the property rwrtgaged or to the so,vency or inso ~,. rncy of sa!d ~l•ORiGAGCR or the d~•iendants, and that su;h
re:rts, profits, income, issues and revenues shall be applied by such Receiver accord,ng t~ the li,•n or equity of said M027GAGEE and the practice of such
Court.
8. To duly, promptly and f~.,lly perform, discharge, execute, effc•cr, complete, comply with and abide by uach and every the stipuiaticns, agreements,
Conditions and covenants in said promissory Here and this mortgag^ set forth.
9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the
h10RTGAGEE, its successors and assigns, may, without notice to the L10RTGAOR, deal wah such wccevor or successor in interest with referent-~ to this
mortgage and the debt hereby secured in the sane manner as with Mortgagor w~.ihout in any way vitiating or d.scharging the Mortgagors' liability here-
under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no for bearartta on the pan of the L",CRTGAGEE or its suca•ssurs
or assigns ar.d no exrenslen of the time for the payment of the debt hereby secured given by the MORTGAGEE ur its wccessort or assigns, shall o{:erase
to release, discharge, modify change or affect the original liab~iity of the 1hORTGAGOR herein, either in whn!e er ~n part.
10. It is specifically agreed that time is of the essence of this mn!ract and that no waiver of any oil:gat~on hereund_r or of the obligation se-
cured hereby shall at any tie,a thereafter be held to be a waiver of the terms hereof or of the ir.strun,ent secured herby.
11. In .,dd,ticr. to the forego;rag monthly pa; n:ents of print {:el and interest req~,;red h-; 1Se pro. nsso ry note s%n,red bcrcby, met h~a ~:;. covena r.ts
Ana agrees to pay to m.or:geyee w,th each c:enthiy par.: ant an add~Gonal sum csti~n:,:ed by nio:ty..y~a to b~~ equ,ti l0 1 !2 of tf:c annual cost vi ti; _• fol:o:.-
inq:
.. All real property taxes 1e:6_d or assessed -_ inst the above described real estate.
E Pry:niwns tin fire acd v.'indstonn inw•auca as herein rrqu~red to be ca•ncd en th; in~.{;ro:emcnts sir. ate cn tl•..• above d•'sc r!!,rd pr~,n~sos.
C- Prc:niu~ns pit such n.orty.ye yua•anty in;ura ice as mortgagee Shall front C•ne to tine d Bern '~I .o carry on five loan seared hereby.
.'.ortgagee sh::;l f:um time to Kite no•ity m~rty~gor in writing of the a~~ o~.;ni rtu~ and peyab~c hereunder and such soot shall thereupon be due and
•ay.:ble on the due da"e rJF the next monthly payment and e.:ch successive mo~ih thereatt_; u~ b' mortgagee shall not,iy n,orna~~::r of a change in such
'r:~eunt. Such sort's she.! 6c apN'r.cd by :nortgayce tor: and the payment of real pro{;crty taxes, insu;su•: {;rem u~n;, and mortg.:y_ guaranty ~n.svrance
pre .,.turns.
I.J :':ITNESS :rHC_REOF, said f:.O2TG.".GOR has: hereunto set his hand ar.d s_al the day and year first afor•~sa~~,d.
Si ed li in the s ce o r _
_ ~_ _ y~ Seal)
-. ~ - --~__-._~ Seal)
------------------- --- -- --..-~ :Seal)
------- --~--- - (Seal)
STATE OF FEORIDA
S5.
COUNTY OF ____ -_}_z_ ~aJ.C~.e _ I
Before me personally appeared - _i~ ' a's-'' i~_rL _~.~= - - -- ~-- _ __ and
_y.~l~,"1 L, ~Z'_ ___ _ his wife, to me well k^cwn and known to me to 6e
the individuals described in and who executed the foregoing instrument, and acknowledged before me that they executed the same for the purposes
r y
therein expressed. And the said--_ __ L~ nIl ! ' • " O _ _ _ ______ _
wile of the said _.._-_-__ ___-- ----- C'~ _ -. --- ----- upon a separate and pnvate
examination by me taken separate and apart from her said husband, acknowledged to and before m+ that she executed said instrument freely and volun-
fariiy and without any compulsion, constrain;, apprehens~ r to r of or from her seid F~ya~Y~d.
WITNESS my hand and offidal seal this-- _ !~___ day of___ _ //~ _ j~_ ~ ~_~~\ D. 19 `~' ~'~^
• Nota.y Pvb!ic in and fort 51 ! of Florida Large
- My Commission expires:
., ,... •RFrturn Tq: Nora Public,
ffrst~ Federal $•aVtlma b Loan Asseuar,on ry Sate 0~ F~Ofldi 2(
_ -.C~ fc+t P,~rce. ~~r Cofnrt;ititnq E. ... :a lll'ijfr
.. ..Ya^ 1. .. v, li,ry
- Fort P~erCP f!orida (` t'y~ ` 6cn G.Q !r n,^+r ern. f .. a Car, ^'ry Co.
- 1_ `~ ~, .
~ ~ '
n
~~
~I~~D ANA ~~COR~ED . -
196 NCly -~, PM 2:42 ~' ~ • •
ROGER ~OITRAS.~~RIOA
ST, LU~iE CGUNYY ~
~~~