HomeMy WebLinkAbout1612
.. ..,...--. r-
fl .R.
e.' ~
l-"g 2")9
~. u.~: l
3. To place Ind contlnvoualy kHP on Ihl bulldlnga now ot herufl.r tll~l. on uld Ilnd and on all equlpmenl and "."ooally covered by Ihlt morll/'
II/I, wilh all p'lmiuml I"'raon naid in fvll. firl insvrance In lhe vluai 'I...rd policy form, In a avm approved by lhe MORTGAGEE. Ind windllolm
inouranee in the ulval Itlndard poJii<y form, In a av.." ~oved by ,he MORTGAGEE, In ouch comp"ny ot ~'Om".nlll at lhe MORTGAGEE mly
Jirecll and .11 fir a a,><I windtlorm (Nvrlnee pc:icia. on Iny of Hid bullduog.. any Inl.rell lhe,aln 0' p~rl I"',..,f, In lhe "Wrl9"te .um aforulld Of
in exCIU Ihereof, ahlll coollln I'" Vlval Illndlrd mortgagM cI~VM1 ot auch 0''''' cll,," a. the Motlglg... may r&qvi,a, mlklng the Iou under u,d poli-
cie., each Ind evelY, ".yable 10 uld MORTGAGEE aa lIa Inl.,.al may appear, and each and avery .uch policy .hall be p'OmPlly au,gned anti delivered 10
any held by said MORTGAGEE a. furlher aecu,ily 10 Hid mor'gage deb'. and, nol 10.. I"'n ten (10) dlY' In advance of lhe explrllion of each policy, 10 de-
liver 10 uid MORTGAGEE I r.~wal I"'r.of. 1~llhar wllh a roKeipl for I'" p'emium of luch le~wIII and Ihere Ihlll b. no fire or wind'lorm In.uranc.
placed on any of uid bulldingl. any Inlere.1 It...rein or ".'1 Ihe,eof. unl..a In lhe form and wl,h lhe Iou Ply.bla at aforeuid; Ind in Ihe evanl any .um
of money become. payable vnd.r luch policy 0( polici.I .ald MORTGAGEE .hlll have ,he oplion 10 roKelve Ind apply Ihe ..me on accounl of Ihe Indebled,
neu .ecured hereby or 10 per",il .Iid MORTGAGORS 10 receive and v541 " Of any parI Ihereof lor olheT'purpolel, w,lhout Ih,'d.,. woivi"9 or "",,~ir'
i'l/ any equily, Ii,n or ril/hl unde, 0( by ...irl... of Ihl. morlgage; and In ,he evenl Hid MORTGAGORS Ihall fot any ruton foil 10 keep Ihe .oid p'emile. .0
in,ured. ot hil 10 deliver promplly a"y of uid policiea of In.vrance 10 .Iid MORTGAGEE, or hil promplly 10 PlY fully any premium Iherefor or in Iny
re.pecl foil '0 perform, discharge. execule, effoK', complele. comply with and abide by Ihi. covenlnl, or Iny parI h.reof, uid MORTGAGH mlY place Ind
pay for .uch In.uranc. or .ny ".rl lhereof wilhoul waiving 0( affec'itljj any oplion, lien, aquily, or ril/hl under ot by virtu. of Ihi. MOrll/alle, .nd ,ht
full amO<.'nl of eoch and .v.ry luch peymenl .hall be immedialely dve and peyable Ind .hall bur Inlerell from Ihe dlte Ihereof unlil paid II th.. rate 01
nme per cenlum per annum Ind IOI/elher with luch inlerell .hlll be lecured by ,h. I~en (Of Ihll motlgoge.
-4. To permil, commit or luff.r no wasIl. Impalrman' or del.rioralion of uld p,o".,ty ot Iny pert ,he,eof.
5. To p.y III Ind Ilngullr ,he COlli, <hlrlle. and ex".nle., including a renonlble allor"-Y'I f.e and COlla of Ib.lracll of lille, incurred or plid II
Iny lime by uid MORTGAGfE. becaule or In Ihe .v.nl of Ihe hilu,e on Ihe parI of ,... uid MORTGAGOR 10 duly, promptly Ind fully P<'rform, dllCn..g~
execule, effecl, complele, comply wilh and ab;de by each and e....ry Ihe Ilipulalion., ag,ee"",nla, conditionl, Ind covenan~ of uid promluory nOle Ind In"
monlloge any or lilher, Ind Ilid coall, chl,gel and expvnllCS, each and eve,y. ,hall ~ immedi'lely due and payable; whe1her or nol Ihere be norice de
mond, attempl 10 collecl or Ivil p.nding; and the full amounl of each and every luch paymen1 Ihall bear inle'e" f,om Ihe date Ihereof unlil paid II the
r,Jt~ of nine per cenlum per annum; .nd all said CO"I, charge. Ind e::pena~n incurred or p1id, tog~ther with luch inter.... .hall be le-:ured by Ih~ lien of .hi.
mortgage. ...~
6. Thll (.) in Ihe even I of Ir,y bruch of Ihll Mo,lglge or dehult on the parI of ,he M0RTGAGOR, or (b) in Ihe evenl any of uid .um. of money
herein referred 10 be nol promplly and fully paid wilhln Ihirly (30) daya nexl aher Ihe ume leverally become due and pOYlb!e, withoul dem.nd or nOllce.
or {e} in '''e event each and every the ltipulations, agreements, conditions .nd covenants O'f Ilid promiuory note and thil morlg3ge any or either are not
july, promplly and fully pa,formed, dleharged, execuled, effecred, compllled, complied wilh and abided ~y, Ihen in either or any luch evenl Ihe ,",d a9
gte-gate lum menltOneu in u,id promiuory not~ then remaining unp.id. with it,terest accrued, Ind all money. leeured hereby, shall becorne due and pdy'
able forlhwilh. or Ih.,eafter. II Ihe oplion oi uid MORTGAGEE, II fully and complelely II if all of Ihe uid .uml of money were oroOinllly II,pul5led
'0 be p^,d on such diy, Inylhing in uid promissory nole or in Ihil Morllllge 10 Ihe conlrary nOlwilh.landing; Ind lhe,eupon 0' Iherufter I: Ihe Opl'on of
Ilid MORTGAGEE, withoul nolice or demlnd, .uil al I.w or in equily, Iherefo,e or Ih.,eefter ~'Jn, 't'lt b<! pro.ecuted II if all moneya lecured hereby
had mllured prior to it. institution.
7. Th,' in Ihe evenl Ihlt II Ihe beginni"9 of or al Iny time p"nding any .uil upon Ihil Morlglge, 0';' 10 foreclo.. iI, or 10 reform iI, or 10 enlo,c.
paymenl of Iny claiml hereunder, Ilid MORTGAGEE Ihlll Ipply 10 Ihe Court hIving ju,i,diclion Ihereof lor Ihe appoinlment of . Receiver. .uch Courl ,hail
forthwith appoint. recei....er of said mortgaged property all Ind singuiar, inchx:f,ng .11 and lingular the income, profits. inues and re...enuel from whdle......er
louree derived. eoch Ind eve<y of which, il bei"9 expreuly underslood, il hereby morlglged II if Ipecificllly .el forth and de.cribed in Ihe gran ling and
hlbendum c1lu.e. hereof, and Ivch Receiver aholl hove all the brood and effeclive funclion. Ind powerl in Inywile enlruS!ed by I Covrl 10 I Receiver. Ind
llich Ippointment Ihlll be m.de by luch Court II In .drnilled equity and a mailer of ab.olule righl 10 uid MORTGAGEE, and wi.hout reference 10 Ihe
Idequlcy or inadequlcy of the value of Ihe properly morlgllled or 10 Ihe lolvency or i",,,lvency of uid MORTGAGOR or Ihe defendon". and Ihol 'vch
rentl, profil', income, inuel and revenuel Iholl be applied by luch Receive, according 10 Ihe lien or eq"ily of Ilid MORTGAGEE and Ihe p,oClice of .vch
Courl.
8. To duly, promplly .nd fully perform, di:chorge, execule, effecl, compl~te, comply wilh Ind Ibide by each I"d every Ihe IIipulllionl, Igreemenll,
conditions and co"~nantl in said promillor~ no!e and this mortgage let forth.
9. Thll in the evenl Ihe ownership of Ihe morlgllled premi.e., 0' any plrl Ihereof, becomel v.ltEd in I petlon olher Ihln Ihe MORTGAGOR, the
MORTGAGEE, its IU{CE-non and Inign.. may, without notice to the MORTGAOR, deal with such lucceuor or lucce-net in interest with reference to .hili
ITlorlgage and the debl hereb){ lecured in the lame manner a. with Mortgagor without in any way vitiating or discharging the Mortgagors' liability here.
under or "pon Ihe debt hereby lec.;red, No II Ie of Ihe p,emi.e: hereby mortl/Iged Ind no forbelrance on Ihe parI 01 Ih. MORTGAGEE or ill .vcce"oll
or assigns and no extension of the time for the payment of the debt hereby 19'Cvred given by t~. MORTGAGEE Or ita lucceuon or anigns, ,hall ope~ ate
10 relel.e, d'lCho'lIe, modify change or effecl Ihe o,iginal liabilily of Ihi> MORTGAGOR herein, eilher in whole 0' in parI.
10, II is .pecificllly agrEed Ihll time il ,:,' Ihe enence of Ihil conl,ac' and Ihll no wliver of ony obligltion hereunder 0' of Ihe obligllion Ie.
cured he,eby .h11l 01 any lime Ihe,eofter be held 10 be . waiver of Ihe le,ml he,.of or of Ihe inslrumenl Ie cured herby,
11. III aJd,tlon to the foregoing monthly paymenh of pri:1c pa! and ii1teresf required by th~ prom;ssory note secured hereb;, mortgagor covenants
and ayrL't:s to p.l)' to m.Jrtgagee with t'dcn monlhly p...yment an add,tionll sum estimated b.,. mortgagee to be equal 10 1/ 12 of the ~nfludl cost of the foiio ^'-
ing:
A.-All re.31 rrvperty taxes levied or an~ued against the above described real estate.
B Premiums on fire and windstorm insurance al herein required to be carried on the improvC!ments Ittl,.;ate on the above described premises.
C - Pr(';T-,iurns on such rnortg~ge gu.)ranty insurance al mortgagee .hall from lirne to time deem fit to carryon the loan secured hereby_
Morfgagee Shdl1 from time to time notify mortgagor in writing of the aonov~t due end p.!yable hereunder and such SU'T1 shall thereujJOn be due and
pJYdb~e on t~e due date of 'he nex! mO:lthly payment and each luccessi'..e month thereafrer until motrgagee shall notify r;)ortgagor of a ch.lnge in such
d"\O'Jrlt. S'.Jc~ sums shall be applied by mortgagee toward the payment of redl property taxes, insurance premiums, and mortgage GVf\r~...,ty insurance
hereunlO leI hi. hind Ind lel1 Ihe d.y Ind yelr
DEEB CONSTRUCTIOn
by
\'
atte~t
, -~-1<.t.~'J cl JI;~~Q,- ~ we
-.j (.--;;~~
COUNTY OF JI' I u~
i HEREBY CERTIFY, That or, thiL_!~_day of ___
before me personally appeared Roy J. Deeb
respective!y Yic,e- President and
DEL<:B CONSTRUCTION AND DEVELOPHENT CORP: a
STATE OF FLORIDA
Ma.rch
__, A,D, 19..~)
Brammer
lInd
Gwendoline
We
_,of
Secretary
Florida
Corporation, to me
known to be the persons described in and who executed the foregoing instrument, and severally acknowledg~d the exe.
cution thereof to be their free act and deed as such officers for the uses and purposes' therein mentioned; and that they
instrument is the act and deed of, ~aid .corporation.
affixed thereto the official seal of said corP9U!ion. and the said
4I,!JL~_v.~-i?U11 '
WITNE5S my hand and official seal at FQrl P;llr,e
~'
'';' . Q v I
said count((2d state., " '" '
t-': .
/t.-<...~~ ../; ~~" ,'.
Public, in and for State and C~~~~c,~~;;~~~:-
ommission Expires;
4'17-~d
~l
.....
1:111'15 //
t~ :.r;-;'~II'\ nfrr:...,...r:r '
I 'Offic'i~j R~;rd'>~/~':\ ~o
I~ 53 ;';..~,;1 I J UI 3: 13
\ "
.
.,
~)
\J
. : I. I
..-
c)
~[J;~n iC<Ur:lu'i},i:"~'<'1 ~r,;':';,;. t . ~
"'.,J<'liol',r< ~
t
. '.J
"..."".,.,''..;,'J"
~ ';:," ,.,'
"
...
r
i --,
. - ..,.,.~....._~.....!I...~