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HomeMy WebLinkAbout2487 J To ~I~C~ c!l,d COflfi~uo"J,I,r' keep on the lH)jldlng.t "'no" 0; here."ftcr '~Iu"f~ on t"id I~nd "!"'Id on all e-quip;'l)ent "nd pertorlally cO'oIered by ,hit mongo 4Jt", ,..,Th ~Il pre-'n;;,.;:',s. thereon pa,d in full, hre ins.ur~nce in the uleJ,j1 lT~r-:djrJ po1ici form. i~ a lul11 approved b)' th~ M''')RIG..\GE.E, and ","'Ind" ,\rm i,;,,--,uH1ce in the L'LJ.~1 t!"nd.)rd POliCY forlTl. in a tun) arp~o\it:d by- the MORTGAGEE. in luch (onpan)' or comp~n:el '" !he ^',ORlGAG~.E: r.1:i '( d,rl.:( I; and "II fire and ....'ndstorm inslJr"nce po:ici~, on any of 1~ld bui:d.ng" an)' infert'u thdt:'in or p.5rt thereof. in the aggrt'9"te s.um afores~ld or in t',ceu Iho::rt.of, s.h~li :;:on13il1 Ih~ ulual s.tand,,,d mortgJ.gee c!...u!e or such oth~r c'at,se as the Mortgagf"e may require. rn!linil Ihe Iou lInder '~ld pol.. cit"'s, e-j,(h dr,d ewr-ry. J'j., ~b!~ to s"ld MORTGAG:.E bl It I interelt nH)' appe.H. ~nci t'.!ch !nd e",er'i luch poliCy' Ihall he promptly ~U gned ,)r.d de:l\..e-reo to ~~1, h.....:d b.. 5j~d ,..\ORh-',.\Gff ~s brlher security to Slid mon9~ge debt. and, 'not len th"n ten (lJ) dl)'I'in ad..'ance of the e"plratl0n of e-ach po:ICf. to de-- l.yer to '.'IU ,\~.ORrGAGt[ l'I r(.ne....~l Iherll'of, to\.JelhC!r ....-lIh " re-c~ipt for th~ pre.nium of such rene......al; and ther~ Iht'lll be no fire or ....induolln inlur3nee pl~cl'd L.n an, of Ic!l:d bVI'Jlngs, bny intt:relf thereon or part th.:r~of. un1eu in the tlifm and wi,h the Ion p-,yable al aforetl'lid; and if) the event allY 'u~n ot rnol:C'J tn<.o:nes p:!)'ob:e vndt..'r ILch polic)' or pol.cies Il'I;d ^"ORTGAG[E lh.'J1l h~"'e rhe option to rt"Ct..j"e and apJ-lly the 13'l)e On ,,(counf of Ihe ind'..:'~,kJ. l1:,'B H"CI,"'l"J hereb.,. cr rv t'("tr~l;t J.l'I:d t.\0RIGAGORS !o rc:ce-l....u !l1d uSI! it or .!Iny l'.\fl ,heff"ot ft'r c,!h.r .JL,rpC\'_'S, ....i!hj,d Ih "l~), ,'.J..I~] L' 1:1'~"I" in:} d':)' equ t1'. I:en or r'J~'.! u(HL.r or bi ....ldue of thll mottg<.\ge; allJ in the even' S! d MORTGAGORS th311 for any tenon fail to ke-cp the s~id p~crniles so 1I.~urt..J. Of LId to Jt':I.er ~'O"I,pt:., "nl of SJIU ~,>Q:,cles of lfl!urdr1Ce to I~:d MOi(TCAGEE. or f.ii: p..vn:pr:y' to p.:'y fully an)' preo:1111..':n therefor or i" d:1t rt'\~,e..::f bil '0 ~~erf0:"\, d,s:.j.~~r'Jl., t.'J\t~(I..dt;', c.'Heet, (orllpief~, (OIT~~:y .....i'n alld db:u~ lly f~'S (oven~n!, 0" any p.Ht he-reof, Sl'I'd MORI,:"';GtE 11)4)' pIH,; ~"a f"3, tor s>..;ch insur.jnce or "n-,- pMt tf:('f(.of ,.....,thout w3i,,'ir-;9 or aff~('in9 an-; o~flon, lien, e\4w,ly. or right unJer or by ...irlue of Ihls. Mong"ge, and tilt tull d'l'OU~lt of E"~ch J.r,d e~ery t>..;ch r,..'l):llf'n! stiJ!i Le ilnnledr.Hei'l due ac:d p.!ti~b:e and th,,11 bt'~r infereS' froln the dote lhe:.'reof ur,ld p.:llU al the r..lle- ot nine ~,.t.'r Cl",lIu:n per dr1llU ~l JlhJ fvJ~'h:,,'r '..... dh s~ch 1I1~l'rL'1I stu:l be hcured by the lien of thit mOrtg~gc. 4. To permit. commit or suffer no w.Hte. irnp.)irment or d€:.tcr;or"tion of s~!d property or any poSrt thereof. :J. To f'''y ,,!l ~'id J.ingul.,,, the cos~~. cr-:argel and e..penlCS, including " re~nj,ble .!tforney's fee and CO\'t of "bstr.!!ct, of tit~e, incurred or raid i:! "nl t. TIe L,' B,j ,'.~.OR:GAGlE, beC3'..!se or in the e..'ent of the failure on the pHI of Ihe sdid MORTGAGOR to duly. promptl)' ar~d fu!~)' perfo~m. dl"h.Hg~' to't.('c",h:>, effect. comp\:te, c0rnr,ly ......Jth ar,d db de by edch !!Ind every the stipulatIons.. agre~ments. condJtlonl. ,end coven3nts of 1-'10 rro'ni'>\ori note "nd th,s 'll':)f~-.Ji!gL' any or e;lh:.:r. 31,J SJ d cos'S, chargl:'l and e..pcnscs, edch and every. ,h~ll be imrnedlately due and po\ydb!e; ",hdher or nOI 'ht:re be nolicc ti... rn"l!~J. d:llewpr 10 (o!;f>C or suit p~,td,r~g; .l:1d th~ full a~Jlount of each and every luch payment s.ha:l bear intere.t from the d.!lte thereof until paId .at H,e r ~! . ....,f r.,I'\(' l)t'r (.~. 'id'll rei .)''l,~.'I; ill1d ~Ii UiU (0"$, crl.HgCI Jl!d expenses i:l<urred or paid. together With luch interest, Ih!1l be Iccured by the lien of th., mong.!lge. 6. Th.lT {d) in the. e..'ent of any breach of 'his .\'ortgage or default on th~ part of the MORTGAGOR, or :.b) in the e...ent any of .,,;d 'ums of money he-rein referred to lJ.~ Il'Jt prcr!:p,i, ,:,nd fully ~"",d wit~lirl th:lt'f (30) d~ys next after the 5~nle se...eraliy bC'CO'll.~ due and pa)'doie. wilhout dcma~)d or n011c.t;., or ~.C) in the c...t:>nt carh 3'"'iU c..'~r l' 1h(' stit'u!"tiont, agreements. conditions and co...en!ntl of ,a,d promissory note "nd th,I mort9agf" l!ny Or ~ither are OO~ ju;,.. promptly and tu.ly performed, d,!.ch,Hg,=,d, executed, effected, comp!eted, compll't~d with and ab.ded '=>y. ,hen in either or dnf sL,en e...ent the Hlld ag' grl.:-rJdtc- Su'll .nenrioned in Ij;d pro'T1IHur', nole then re~naining unpaid, with interest ac.cr....ed. ~f)d ",II rnun~y. secured hereby. lh~:1 DCCOfT,e due and p"y. du,e torth......ith. or there3fter, at tnQ op':on of sdid MORTGAGEE, dl fully and co,'-np!etelf as if all of th~ sau) SI..l'1:1 of money ",,('re orlgindlly l1ipuldft:'d to be p...,d on such day, anything in sd,d promissory note or in this "',\ortgage to the contrllry not.....irl-lstanj;ng, and thereupon or ,ht.'re,~fter at the option of SJld MORTGAGEE. ....o'Irhl)ut notlC~ or demand. suit at law or in equity. 1herefore or thereafrer begun, may be prole-:uted al if all money I secured hereby h~d mJtured prior to lis. institution, 7. That in the e....L'nt Ihat M the beJinning of or at dn)' time pc-nding a:1Y suit upon this MOffgage. or to foreclose it. or to rdorm it, or to enforce p,~,.m('nt of 3nl c:.~iln~ here-under. t.Jld ,.\ORTG...\GEE sha:l apply to th~ COUft h~ving lurildlction Ihert'of for the appo,ntment of a Rerl'l'l'er. IVCr.. COurt shd:l fClh....,I1h apfcJinl d rL'cci....er of s.)ld mortg"ged property all ar!d singu!M, includng all ar:d singular the income. profits. issuet and re.'t-nues from wh.3tew'er S2'U'CC d,~"~iv(:d, (>Clch ar,d e'welY of ....~I,ch. 11 l>e.r~g exprt:ni)' undcr~tood. is ~,ert.'by' morrgaged 031 jf Ipeedic.]!:..,. set forlh "nu described in the sranling and h.th(.ndum c:~uses hereof, ,)nd \uch Rt.ct-Ivcr thall have all the- broad and eff("Ctlve fUrlcr.ons and po.......ert in ~n)'......I\e entru~t(:d by a Court to a Rect:i...er. a..o s'~.::n Clppo:ntr'.,ent sh.l~j be m.Jdt: b,' Such (O',Ff as an adrnilled equity and a matter of absolute right to said ',\ORTGAGEE, "nd without reference to the dJL'q~~'::l O~ inadt,:'qu3c,. of the "'dl'....'(> of the properfy mortgaged or to the sO;'o'er.cy or insolvenc)' of s<.\id ',',ORfGAGOR or the- deier-;dMIU, and Ih~t such rC""IS, tJrof!t5, irico;ne-, ISSUt'S o3nd reyeflUe) shall be applied by such Receiver ~ccord'ng to the lien or equit f of I~ld ^\ORTGAGEE lInd the practice of such Court. 8_ Te. du~~. prOCl~pt!( and fully perform. discharge, execute. effect. complete. cOCllply with and abide by each and e'.er'i the stipulations. agreemenrs. conu,Tlons dnd co..etl~nrS In sdld prOfl1iSSCf'i note and thlt mortgage let forth. 9. Th.:.t ;:1 the ('-yent the ownership of the mortgaged premises, or any pMt thereof. becomes vested in a person other th~n the ....\ORTGAGOR. the MORTG.AG[E. :,~ succ('\'So~s and dss:gns, rn3t, without notice to the MORTGAOR. deal with such successor or 1,--,(CeSlor in ir:tert'st "'with reference 10 tn:! n~o'lgdge- iF.d the dL"ot h{.'reb,. I('cured irl the S:Jme manner at with Mortgagor without in any way viLaring or diHh~rging th~ M':'rfgClgorl' ii~blilty here- LI'1u::-r or LII- on Ihe d!:?bt he(e-b)' secured. t'-~O sate of the ~ren~isel hereby mortgaged and no forbearance on the part of rhe MORTGAGEE or its ll.;cc.e~so~J. or dSS:gnS ,M:d n~ extensiof1 of tr.,,:- lHne for Ihe j:'ayn,enf of the debt hereby secured given by the "I.ORTGAGE: or Ih successors or auigr's, shall operate t:> re!e..ne. dlsd-:3rge. modify du,nge or affect the original liab:illy of the N,OKTGAGOR herein. either in whole or in parI. 10 It is spec.ficdlly dgrcf'd th3t time is of the euence of thi!. COnJract "nd !hal no waiver of any oblIgatIon hereunder or of tne obligation se- curt:d nercby S~~d'l at o3ny time therc~f:er be he:d to be a".. jvcr of the terms hereof or of the iOllrument secur~d herby. 11 fn,JLJ !;Qr1 to th,=, for{.yc....I.g rr:cfllhl, pd'1~':cnfs of pri~,c pal and inl<-'r."'s' rcquired by the proln'SJ.or, note s~curt.'d h...:rcb.". mortgagor covendnt\ .~nd ~JrC'L'S Ie ~J, !o mortgagt.'e ....Ifh each ~:)nthii p~'iment an cHJd,rional SI.J1ll ('\~i~nated by mortgJgce to be equar to l, 12 of thL' dnnu.31 cost or the fo::o.'.- i,19 A. r"\:l re'di ~~roperty tJ":CS !e....lcd or a!;\ess~u <1gdic.sf tne above delCr.S~d real e5!ate. o P.l"ll;,.!,!',s 0:1 fIre ~nd ...I~',dst:;"rll If-:s.ur,)nr:;:t,: as hcr.....in rcqu,r(:d to be CMrit.'d on the ;rnprov€"nent! s:Iuatc on rhi? aboY~ d>:'soibed prerni!.cs. C Prl'I<i:';:P!. 0" ~urh n-:orfguge <j:JdfJnt, insu~al~c'.:' as mortgd~ee sh~:l f[o'n t,me '0 tlrnt' dt:t::T\ fit to cMry on :he l("l~n sc'cured hereb,', '/o~tgJJi..:e s'I,,:i frUrT1 tl'rd,,:" TO rl'TH.~ norif., rnongJg::>r In writIng of the a'~.O'J")r c.J.Je end r~.,ab!e hereunder and such tU"11 sn~li Inereur::,n be due d'~ci ~ .1'1c:h'._, O~l n,.,: d'..;e (iJ',~, of th..:- n<'.-.! n~cnfh!',. pd'tfncr)t cl',d ecch sL1cccni..e 'l)onlh tncreaftt..r ur.liI mOrfCJdgee sndll notify mort9d'Jcr of d change in s..J:h d"tcunt. S'...I~:l !.'..J:ns s~lj:l be app1il'U bl rnorlgdgee to.....ard the pa',ment of re..::J prcpert'l taxes, insuran:e prem.uml. and rllOlf';.3ge gUEHanty In!.urJT,Cc ~'-e.Plu:n!. I 1."(1 ""'I TtJtSS 'l.'HEREOF, the \nid ,.."~ORTG/~GOR h.B ~ Siyned,-..... S.tdle~ and delh:c,ryd in the presence of: r, "! (< z.:, 7) I Y L, ------~ &_-------- ~ ~.._:..._"..i.:.~~~ L-, -, , ":--.. hereunto set his h3r-:d dnd s,,:.)! the d3)' dnJ ye.H first ~foresdid, '" ~-.....~ -4 J ---~ ~'" , ~-' vi..<.- <' (: t 'H ~ ':./ ~c~ )< ,', 'A: , (Se.l) (Se.l) (Seal) ._(Seal) COUNTY OF STATE OF FLORIDA Sa 1 T,..t-.Luci e 55, Before me personally .ppeored ___ ,Harry J Am L. 2.m i th the ind;",;dul!ls described in and who ..:xecuted the fcregoing therein expre-ued. And the lain j.,. 0mi th .nd instrument, and acknowledged Joan his wif,.. to m~ 'Hell kno.....n and known to m~ to be before me th., lhey execuled lhe same for the purposes L. Sm i th "ife of the Hid _~~ 4' A 1"1"'", A _ Sm i t~ upon a lep.r,'e .nd privale exam;nation by me t~ken separate and api!!rt from her saidv t'}usband, acknowledged to and before me that she executed Hlid inSlrument freely and vo!un- "Hily and withe-v' any compulsion. constraint, apprehen,io,?/or fear of or from her ,aid husband. rY . - day of A pr i 1 j, \ , \ /(~LX /); Nolary Public in ~nd for lhe My Comminion expirel; WITNESS my hand and official Ie.' this '. A, D. 19-.2.3_ V ~',qL' Slate of Florid. 81 large Return 10: Fir" Feder.1 Savingl to loan Of Fort P;erce. Fer! Pierce, Ilorid~ AIIOCi'holl :7, f;,~ ~) ri 1 ['ii ~ If) n cr'C: ;NQCfY Publ:c. Sl.l~e of r:~rida at LarRc j;- ...; J"'L I'd.b My:.oornnl.sson r"r:rC''--, ~,1(HCh 11 19GG .. . r\U.1-':l1 R J f30n1J~. 'p'! '''mr'r:an Surety CO,'Ol,tj,..,v. -, :-rrtiu J eCOfu . \ .' __. .' .... " . ",_I . I," ", . <:")v ..,..... ,', ?f. .' V .':..r.U';.... {~.. .;~ .....~<: ~~ ,-.. ..... ....~. f f" "'<ow' :'_.',... .. ,. e, '.\ , :::, . 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