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HomeMy WebLinkAbout0733 _... '''o.#__-+-._~_:'_~''''':~'''''''...s...L..'~----L...''':''''''~__ ~ R. ~/," 3' 0 53 t ~t:~ 3, To pl.c. and conlinuo~.ly keep on Ih. bulkllng. now 01 her..fl.' IltuOl. on-uld land and 0., all equlpm.nl and p.rsonllly cov.red by Ihl. mortg- .ge, w;lh III premium. Ih.reon plid in full. fir. In.urlnce in Ih<j ulu,1 ..andord policy form. In I .um I"proved by Ih. MOR IGAGEE. Ind wind.:um in-u..nc. in Ih. u,uII ""nd.,d pol.cy form. In a .um Ippruv.d by lhe MOIlTG,I>GEE. In 'u<h complny Of com~ni.. It lhe MORTGAGEE may d"ecl; and all fir. .nd windllorm In.uranc. pulicin on .ny of uld building.. arlY Inl.r.'1 lher.ln or parI Iho-lOf. In Ih. aggreg.16 lum aforeuid or in e';cell Ihereof. .hlll co..:ain Ih. u.ual Ilandard mc-rlglgea c1au.. Ot .uch' olh.r cllu" .""he Mortgag.. moy requir.. m.klng rho 1011 und.r ..,d poli, cie., each and every. p.y.bl. 10 uid MORTGAGEE II ill inl.r..1 mlY appear. and each and .very .uch policy .hall be promplly to.gned and deliv.red to any held by uid MORTGAGEE.. furlhe' securily 10 ..id mOtlgag. d.bl. Ind. nol I... Ihan len (10) daYI In Idvlnc. Qf Ih. upirllion "f ..ch policy. 10 de- liver 10 ..id MORTGAGEE . renew.l Ihereof. log.lh.r wilh I receipl for Ih. premium of .uch r.n.wII; Ind Ih.r. Ihlll be no fir. or wlnd.lo<m In.u'.:'.<e p~"'ced on any of laid buildings, .ny !nterelt therein Of par. thereof, unleu in Ih. form and with tho 1011 pay.b!e II .for..aid; and in the e...enl .ny lurn of m.;>ney becomo. payable undor .uch poli.:y 01 polici.. ..id MORTGAGEE .h.1I hlv. Ih. oplion 10 recoive and Ipply Ih. ..me on lceount of Ih. indebled, neoll sc!cured hereby or to permit .,id MORTGAGORS to rc<:ei'io .nd U!-e It t)( an., pari thereof for other purposes, '^ithovt th~rll.'b,. wai..i:l9 or l:np H(' in\) any equily, lien or righl under or by virtue of Ihil morlgage; and in Ih. evenl uid MORTGAGORS .hall for Iny r...on flil 10 keep Ihe ..id premi.e. '0 ,nlured, or fail 10 de'iver promprly Iny of uid politiel of in.uranc. 10 uid MORTGAGEE, or fail promplly 10 ply hlly Iny premium Iherefor or In any Tel~':' fail 10 perform. dilChlrge, execule, effecl. comp!.I.. comply with Ind Ibide by Ihil covenanl. Ot any par' hereof. Slid MORTGAGE~ m.y pl.c~ ~"d p,y for luch inlu,."ce or .ny parI Ih.reof withoul waiving or Iff.cting Iny op.ion. lien, equily. or rig hI under 0; by vi"u. of Ihil Mortg.ge, apd 1"_ full amounl of each and .very .uch paymer.1 .h.1I be immedi.lely due Ind payabl. Ind ,h.1I bur Inlerell from Ih. dar. Iherool until paid II Ihe r.lt 01 nine pet centum per annum and together ......ith luch interest Ih~1I be ~ecured by the lien of fhi. mOft~'g.. -4, To permil, commil or .uffer no w..le, imp.irm.nl or del.riorclion of uid pro~rly Of any parI Ihereof. 5, To p.y all and .ingular Ihe (Olh, ch.rge. Ind exp.nle.. including a re..on.ble ""Otney'. f~e and COlt. of ab.lrlell of Iille. Inc~rr.d or paid .1 ",y lime by .aid MORTGAGEE. bec.u.e or in the evenl of Ihe failure on Ihe 1'." of Ih. ..id MORTGAGOR to duly, promplly and fully perform, d'lCh"ge, ex<<ule, effecr, complele, comply w,lh .nd abid. by elKh and .very 1"- IIipulllion., Igreem.nl.. conditiC'ns, and covenlnll of s.id promiuory nole .nd Ihi. morlg"!)e any or eilher, and ,Old cosll, charge. and expen.e., ,,~ch and .v.ry. Iholl be Immediately due and p.yable; whelher or nol Ihere be notice de- m.nd, attempt 10 collecl or .uit pendil\9; and Ihe full .mounl of ..ch Ind :rvery .uch paym.nl Ih.1I belr Inleres' lrC'fJl the dale Ihereof unlil poid at .he r.lle of nine per centum pet annu'n; and all ,aid costs, charge. and expense. incurred Of' p.id, tog.ther with :..vch intere.t. ,hall be secured by tne lien of this morlgage, 0, Th.1 (.) in .he even' 01 .ny breach of Ihi. Morlglge or def.ull on lhe parI of Ih. MOI!TGAGOR. or (b) in Ih. .venl In" of ..id .um. of money herein refprred 10 be nol promplly .nd lully plid wilhin Ihi"y (30) d.y. nexl aher Ihe .ame sev".lIy become due Ind paYlble. withoul demand or nOlice, or (c) in the evenl each and every Ihe IIipulalion.. agreemenl.. condition. .nd coven."II of ..id promi'lC'r) nol. and lhi. morlg.ge any or either Ire nol ~uly, promplly and fully performed, d.lCharged. execuled, effected. compleled. complied with .nd o~ided I:>y. ,hen in eilher or ."y .uch evenl the ..id ag- greg'le .um men!ioned in ..id promillory note then rem.ining u"p"id. wilh i"Iere.1 accrued. Ind oil mon.yl ncured hereby, .h.1I become due .nd pay' .ble forlhwilh, or'lhereoher. 01 Ih~ oplion of ..id MORTGAGEE, II fully Ind complel.l" II if III of Ihe ..id ...ml of mon~y were originllly "ipulared 10 be paid on S\}ch d.y. anylhing in .aid promillory nole or in Ihi. MOtlglge 10 Ihe contrary notwi.hslanding; and Ihereupon or thereaher 01 Ihe oprion of .aid MORTGAGEE, wilhoul nolice or demand. .uil 01 lew or in equity. lher.fore or Iherelher begun. may be pro.eculed e. if .11 moneys .ecured hereby had matured prior to it. inUitulion. 7, Tho. in Ihe even I rh.1 01 Ihe beginning of or .1 any time pending eny luit upon Ihi. Morlgag.. or 10 foreclo.e iI. or 10 reform ii, 0' '0 enforce paymen' of .ny ciaim. hereunder, .aid MORTGAGEE ,h.11 applY,lo Ih" Courl having juri.dicrion thereof for Ihe .ppoinlmenl of a Receiver, .uch Court .h.11 fOrlhwi.h appoinl a receiver oi .aid mortgaged properly .11 and .ingular, includ,ng III and .ingul.r Ihe income. prolill, illue. Ind revenues Iron, whale.'er .0urCe derived. each and every of whICh, il being exprellly underslood. i. hereby morlgaged II if .pecifically .et forth and described in Ihe gr.nting Ind h.bendum ciausel hereof. .nd .uch Receiver .hall have all Ihe broad .nd effeer;ve funclion. and pow.rs in anywi.. enlrulled by . Court 10 a Receiver. and luch appoin!menl .hall be made by luch Ccurt a. an admitted equity .nd a maIler of .b.olule right to uid MORTGAGEE. and wilhout reference 10 Ihe adequacy or inad"qudCY ...f .he v.lue 01 Ihe properly m<.>r.gaged or 10 Ihe .o:vency or insolvency of Slid MORIGAGOR or Ihe defendanll, and Ihal such re"lI. profir., income, inue. and revenue. .hall be applied by luch Receiver according 10 Ih. ii.n or .quily of uid MORTGA,GEE and the practice of luch C<.>ufl. 8, To duly. promplly and fully perform. ditch.rge. execute. .ffecl. complele. comply wilh .nd Ibid. by ..ch and every Ihe s:;l'ulalion.. .gr...monl., conditions and co....enants in laid promissory note and .his mortgage let fotth. 9, T"a' in Ihe evenl Ihe ownership of Ihe morlg.god premise.. Or .ny parI thereof. beeom.. ve'led In a peflon olher Ihan Ihe MORTGAGOR. Ih. MORTGAGEE, il. 'uceellors and allign., m.y. wilhoul nOlice 10 Ihe MORTGAOR, de.1 wilh luch lu"ellor Ot ,uccell:)r in inlere.1 wilh reference '0 .hi. mOrlg'ge and Ihe debl hereby .ecured in Ihe ..me manner II wilh M<.>rlgagor wilhoul in any wa" vilioling or disch.rging Ihe Mortgagors' Ii.bllily here- under or upon Ihe debl hereby .ecured, No ..Ie of Ihe premi.e. hereby morlgaged and no forbelrance on Ihe p.rl of .he MORTGAGEE or ill SuceellOrs or alligno and no exlension 01 Ihp time for the paymenl of Ih. debl hereby .ecured given by Ih. MORTGAGEE or ill luceellor. or a..ignl. Ihall operale 10 releale, discharge, modify change or alfect the original liabilily of Ih. MORTGAGOR herein. .ither in whol. or In p.rl, 10, II i. specificall)' agreed Ihal lime i. of Ii,e e..ence of Ihi. contract and Ihal no waiv.. of any obligalion h.r.'Jnder or of Ih. obligalion .... cured hereby .hall al any time Ihereafler be held 10 be a waiver of 'he '.rml hereof or of Ihe ins'rumenl .ecured h~rby, 11. In addition to the forego;ng monthly payments of princ::'pal ~nd interest requ:rcd by the prom;uory note secured hereby, mcrtgagor covenants and agrees to pay to mortgagee with each monthly payment .3~ addItional lurn estimated by mortgage-,j to be eql1al to 1/12 of the annuai cost of the follow- ing: A-All re.,1 proper'y taxes levied or assC'ssed against the above described real estate. B Premiums on fire and windstorm insurance a, herci~ required to be carried on the impro'iements situate on the above described premises, C-PremiltrTlS on luch mortgage guaranty insurance liS mortgagee Ihtll from time to time deem fit to cury or. the loan lecured hereby, Mortgagee shall from time to time notify mortgo!gor in writing of the amount due and payable hereunder ~nd such sum shall thereupon be due and pdyc!lu!e on fhe due da!e of th.,: ne.( t monthly payment and each succeni..e month thereaftt:r until mC'rtgagee shall notify mortgagor 01 a change in such drneun!. Such sums sh~1I be applied by mortgagee toward the payment of real property tdxes, inl...ranc~ premiums, and mortgage guaranty insur~nce premiums. 11)1 WITNESS WHEREOF, Ihe laid MORTGAGOR h.. ~"ii9ro~. ~Ied .nd "ered in Ihe pruence 01: / \" .,.....(. I 1, , her!'unto let his h. ,;J and seal ". d., 'M ,... """'o~. ,.' _j // ).~~ ' _~ ' r~~,~~~ x' " , <- ~ : - /;(.J.ryv { f '- STATE OF FLORIDA SA jnt Luci ~ 55, COUNTY OF __ Bpfore m. personally appeared _-L.e...s.li P. L .~hn8 on and i\ n n i s .J. J oh Yl son hil wife. 10 me well known and known 10 me 10 be rhe individuals delcribed in .nd who execuled lhe foregoing inllrument. .....: Icknowledged before me Ih.1 Ih.y ex.culed the .am. for Ih. Ii"rpo.es Annis J. Johnson T,p.slie L. Johnson upon. leplrlle and prival. ...minotion by me laken .epar.l~ and '1'0" from her ..id hu.band. acknowledged 10 e"d 6efor. m. thaI .he execuled ..id inllrumenl fr~ely and volun- tarily and wilhoul Iny comp"llion, conllraint. .pprehe~.~r fear of or from her ..id hu.band, , WITNESS my h.nd and ollicial le.1 Ihil -Z J day of Fe brlJ ~'JA Q ~ ~L.-l' Nolary Publ1c in ~rv.J for lhe Stile of flOtida a' larg. My Comminion .xpires: therein exprened. f."d Ihe .. id wife of Ihe ..id , 6' A,D,19~ Return 'To: Firsl feder.1 Saving. & lo.n Auociafio" Of ForI P;."e, ForI Pi~~~,~: florido o Notary Publ,c, Slate of florId" al Lar~e My Comrn 55 011 EXj.J,rc; Milrch II I9G'o Bonded by ArnenCJn Surcly Co, 0'1 N. '(, ",.. . '~:':~'''. i'l \'fJ/~, ~,I ",~', ';~:.> ":'~'-<'~', y ,- .. . J . ..., () \ (~ ; " . ') ': ~'':' :. -: . - ! -(,. '. --. ,"':: ~ ? . --. (l ~-..' . ("" _= . ~.... '\ .L 0 t~ ... - ,-,,1 ~ I., ~ _ .'. _ .~.. ..,I . .., .. . ';, .. ..... ..' I ". .. (' ;:., t ' 1"", ....... ,_ :~ '..I /" .,.;"t',\l' 113588 ....\ , '\, '.J ' ') ~ Fl'LrO f\iJO RECOnOEn I r I .. \ f1 0" I,:': Official Juwll q;.1 i\ \% 3 FEi3 20 PH 3: \ 2 / ROGER PO\Tf;t.S... C',r,~RK S 1. L U C 1 E CO U tn L r l C 010).; . ,\) \"It. ,', t. 'J- " } ", ..y -', "'0 ;(..) ~~ ... :t , ,'" (J ......, .-:. .....v.,'".. .' : ll..' i l.", ....... .) "- .: r} ,.~"" ',,'-v~ s" .. ',. (' J-'- . [ , f -- ----., (Se.I) (Seal) (Sell) ,(Seal) JI~