HomeMy WebLinkAbout2303 To pl~p and ca+tieNwwy kNp on th~ buildina ~ow a Iw~wh~r ~Mwt~ on tsld Isnd «d on ~p ~qulpmeM ~nd pt.an~~1y covu«I by thb nart¢
ap~,, with ~tl pr~mMr~m ~Mna~ p~id in ivll, ii?~ imwana in th~ wwl standud Pdic~? ~a~4 in ~ swn app.ored by tM MORiGAGEE. ~r~d winibann
i+avr~na In rh~ wua) uw+dasd polic~r fo.n~, b• sw~? ~pprov~d by ~h~ MORTGAGEE, in wch caepanr o? canp~eei~s a t1N MORiGAGEE n+ay
d'uact~ ~nd all fk~ and windNOnn kaura?a polida on ~ny of wid buiid'w~p~, an~r IntKat thaNn a put tlwnot, b tM ~p~.p~t~ ~w~+ ~forqatd a
h exuss Nw.~of. ~MII oontafn U» wwi atw?d+rd monppa~ daus~ a sutb o?1+N dau~ a ti+~ Monpap~ m+y ?ps?ir~. m~kMg ~M ba u~~dw Wid pdE
ei.~. ~ad~ and w~y. P~YsW~ to s~ki MORiGAGEE a iq hfapf maY ~pP~+r. and wch and ~wry wd~ polky ~hall b~ promp~ly ass:~e~ed ~nd drlivped a
~ny Atid by Nid MORTGIIGEE as fwthl~ sKwlty Io saW enortpap~ d~bt. u?d nw las tMn tM t10) dari ie sdvaea of ~h~ ~,cpintton oi ~aeh Pa~h?. a~
liv~r b said MOltIGAGEE s neNw~l tMreof, to~rha with ~ naipl fa tIN pn~?iwn of wd~ ne?ewaf~ and ~Mn ~11 b~ ro fin a wind~am irowaen
p?+oed on any of ~aid b„tldiep~„ ~y Intsrnt tFNnin a p~rt thereof, untaq i~ 1M fonn ~nd with tM loss p~y~bl~ a~ atort~id~ ad in tM +wnt ~y wm
of nw~nY b~ooma psyaW~ wdK wch policy or polida aW MORTGAGfE ~ii hsvs rh~ op~ton ta rec~M ~rd ~ppy tM ~ on acoouet ol tM 4+d~bt~
n~a Na~nd h~r~by a b pKmil s~3d MORtGAGORS to rep(w +nd v~ h or any part the.eof fw otMr p~rposq. withou~ thKeby waivinp o~ Nnpa;r.
~ MY ~h. li~n a ripht untl~ or by virtw of this moNp+pq a~d tn t1» ~wat ~ad MORiGAGORS shall fw any n~a+ faU b kkp tM s~id prNe?is~s ~o
Muw~d, a fait b deliwr AromWb of s~id polida of Iraurana ro s~id MORtGAGEE, o. t.u p.o~rh ro wy fi?~hr «w ~«n~+ ~M~.ta « in uryi
r~sp~a faU b p~.for~, dischKp~, ~xscwa ~fhct, oompl~t~ oompty with aod abid~ by this oown~nt, a aiq? put Iwwf, said MORTGIIGEE ~r p(ac~ ard
MY for wd~ tnsw~na or anY P+rt tf?~r~of w+~hovt wahrtnp a aff~ctin0 ~+Y oWion. tNn~ p~~b. a ripht wdK a by virtw of thit and tM
fv11 amovm of .,ch •nd w..~r wch p.ymnu ~MII b~ imn~diaretr dw .od p+y~bt. .nd sh+1l bw in~eu fran ~h. d.r~ d,~not waU pa~id r~N ol
nin~ pK aentwn pK amum snd rop~~f~a with wch intaest ahslf b~ secvnd by Na ti~n of this morpapt.
f. To p~rrait. oam+it a wffK no wat~. imP+irn~nt or d~t~riwatlon of sald pa~,e.h a+~Y A+h ~Mnof.
S. To pay aq uw! sb+pul~r tl+~ cosn, cl~r~ ~nd ~xp~wr„ incivdi.g • nasawbl~ ~ttomey's fN and oos~s of ~Mh+ds of Htl~, kKwr~d or paid at
~1? tin~ by uid MOR~GAGEE, bsuus~ a in tht ewnt d th~ i~itw~ oe tM put of Ih~ ~~id MORiG/1GOR to dulp. p~o~nptiy ~nd fuly psrtorn~, dhchuy~
~x~a+a. ~H~et, eompk% eomply with Md ~b:d~ by ~ach a~d twry tM stFpe~l+tio% p?es~xnh. eonditiaa~, and covMUnts of s+id promtawry nw~ aed thb
mo~pay~ a+Y or ~irF~n. and ssid ooia, ehKp~s aed expMSa„ Nch ~nd ~y. ~h+il b~ MrreKd'wtely dw u+d WY+~1 wMtMr a no1 tlw~ b~ notia d~
' maed, att~ to ootl~d or wit peed'ugr +nd tM ivtl amo~mt of wch and ~y svch p~yment shati b~ar Mtenest fran tM dab thtr~of until
r~t~ of nln~ per centwn per aro+um: :~.~d a!1 uid cosri. chu and ~ paid ~t tM
Qrs xpw+ws in~wnd a paid, top~tha vr~th wch inTKpt, ~U b~ sKw~d by tM IMn of thN
6. That W N th~ went of ~r bnxh of this Mort~sp~ o? d~fwlt oe th~ pan of tM N~ORTG/IGOR. or (b) in tM w~nt ~ny o# ~id wero of moerY
lwnM nfn?ad ro b~ no~ pa»p~ly and ~vUy paid witfiin thirty AO) d+ys n~xt ~ha ~h~ sanN sewr~ty b~eoeM du~ and WY+W~i, without d«n~nd w no~ia,
or in 1M went each and awrr tM stipu4tio~s„ +9r~anMts„ aor~tiom a~d oovrnam of ~aid pomiswry nW~ and tACs natpp~ ~ny o~ NNw an no1
iuty. promWty and ivlh Pe~formecl, disclwrQ~d ~xscwed ~f~aed, canpk~+d cor~lied whh and abid~d 1y, tMn in ~itMr a anp wch w~nt th~ uid ap
propa» swn mentioMd M saM {xomissory eot~ tf+eo ?am~W~g a+P+kl. with inter~st Karwd, ~rd ~I{ moe~eys s~cwed Mr~by. ahNl b~oonr dw and pay~
E ~bl~ fonhwiM~, or thueaher, at tM optia~ of sdd MORTGAGEE. a ivliy ~nd canp!~~el~r as it a~t ef tM wId swna of moeNy w+n oripin~lly sftpvlated
~ ?o M paid on wch day. +nYti~i^y In ssid wan?s~orr no» ar in thb Morq~ w tM oontrary notwirhsrand'ag~ and d~a~upon a tMr~ahw ~t ~M option of
taid MORTGAGEE, without notke or dem~ed, svit at !aw or M puity. th~~far~ or tMnsfnr
had matund p~ior w iq 4utitution. ~~1? b~ prowcvled ~s if ~q nwMys s~cvr~d Mnbp
7. ihat !n t!» ewn! th~t it th~ be~~ of ar ~t a~yr tin~ pM?dLg any wit Won tF~b IMort~sp~ or to foreclo~ k, a b nfona
WY~t ~ ah? datnr harwnde~. wtd MORTGAGEE slull apply w the CaKt Mvinp iurisdktion tlwsof for tM ~ a w~niaa
tathwith appoirM ~ naNvK of satd nart~+0~ ProP~Y +N +~d +in0~+lar, b~dedug a!) and +PP~tn»ia of ~ R~aiva. wch Ga+N sMll
wuec~ d~riwd, wd~ ~nd wuy of wh'Kh, h beinp ~xpressh? uniMntood, b hsre ~°lar tM k~oan~, p~oiit~„ bsws ant! nwnw~ fran wMNw?
b1? nw.~yaped a if sPK+fitd~Y s~t forth and dNOrib~d M~ t1~ Q.~m and
h+bs~du~n d~usN Iwrwf, ~nd svu~ «.~:.~r shall Mw all tM ixoad M+d ~ff~etiw fvnaions ~+d Pwvars in ~nywi~ «+trutad by a Cow~ b+ R,i~orw~r. ~nd
wcb appo~t sFw11 be n+~ by wd? Cowt as an ~dn+tn~d eq~itr and a m~mr d~bsotuq ripM w s~id 1NOrtTGI?GEE. ~nd witlwul niara+a a th~
adequac~r ar in~daqu~cy of the v~hr~ of the P~~M ~W~4~ o? to tM ~olv~ney or insolwncy of wid IY~URTGAGOR or th~ d~f~nd~nt~„ ~nd thrt wd~
renta. PnuHt~,. inoo~n~. itsu~s a+d reverwa slWN b~ applt~d bp such R~a1wr aaordir~p to th~ li~n or p~ity of s+id MORiGAGEE ~nd Hr pr~uia af wch
Court. ~
8. To dulp. P?~Mhl +~d ~~Y P~~. d~sci~yt. ~x~uM. ~Hact, aomPk». oanPh? wiA~ ~d ~Wd~ bp ~ach ~nd ~wry the sHpul~Nar. ~pn~.
condjtions and oov~nts In s~id pramiswry no~e thb mortpap~ wt iortt~
9 Th~t In tM ~M tbe owrwship of 11~ rnonpsped pnrnis~„ or ~r Part tlw~of, b~oonNS wshd in a p~non otMr Mun tht NIOI[TGAit'sOR, th~
MORTGIIGEE, its woonson ~nd +ssipro. maY. whhan ~otia to th~ lNOlt?GI1~pR, dwl with ach arooasa or woce~ao~ in iMU~st whA nfer~sca a ri~is
morro~p. «+a +h. d.w h..eby secwed in th. s.m. n+.nne..s wirb A~orty.Qo~r wnhoin in .ey w.y vitiatlnp o. aach.?pinp Morw+yas' N+b+li+r
w~da or upon tM d~W Iknby aecwed. No ab of tM premi~es l~aebY mo.ty+y~d and no forb~aana on tM pirt of tM NWRTGAGEE a Ns woasson j
w~s~ro ~nd eo ~xtxaion of th~ time ior Nr p~yn~m of th~ aeM he~rby ~ecwed ~ivea by tht M4RTGAGEE a ib woanon w
~+~t+M~ ~d~rpb ~fy c1w~pM a+ aff~ct th~ agaNi ii+biliry of th~ AApRTG/1GOR Mrsir~, eithK In who{~ a in, part. ~1 op~raN
1Q h b s~dflc+~h +Dned that tien~ is of th~ ~ssena ot thh ~ooNr~d and that oo waiwr of ,
oured lwrelqr shatl ~t any tinN rheraher bs hdd a b~ a waiwr of ths t~.~m herwf w~ fM jnstn~neM s~u,n~d
ar ~
11. lo adtfiYan to ths toragoLg montlJY W1~1s of prt~c:pat ~nd hfK~st nq~rind by t1w ptanatory not~ sacwd hKebY, morg~yot eOVanaMs
+nd apre.s ro p~y ro morf9+ye. wir6 each monfNY WY~ an addirion~t wm ~stimased by mort~apN w b~ eqwl ~0 1/14 of fh~ wwal ooat of tla foliow- ~
,
A-All raai property taxes levi~d a asaessed ap~inst tla abov~ desvibad nsl ~fat~.
B-Pr~eniur~ on Rn and windsronn :nwranoe as hareir+ ipvired to M urried on th~ impeorrMnb situaq on tM ~bow dauibd pnia6~a.
C-Pniniums an wch mo~ty+y~ ~++r+~W irowN+ae u mo.tyags~ alwll fran t+~r to tinr de~m fit to cxryr an th~ loan s~owed t~y.
Mwtpape~ sFyll irom time to time notify morty~pw in writ6g of tM amovnt dw and par~bb M~l~r and such wen shall th~?wipon b~ du~ u~d
Mrabk on 1M dw daf~ of fhs next mcntl+~Y P+ri~~ snd ~ach sueo~ssFw month thtreafter wNtl n~orqipM sh~p no~ifp nprtp~pa pf • rh~rg~ In wd~
ainow+t. S~d~ wim sh~t) M spplied by mwtyapa~ tow~rd ths p~ymN+t of nd propvty taxa„ Gaurana Pr~~,. and ~norty~ puaroap inwrw~o~
PrNNurnt
(N WtTNESS NIFtEREOF, N+e said MORTGAGOR ha Mnex~to ssf Ns iMad ~nd ~esl th~ day ~nd paar aforwaid.
r Ss~ s '
~y,7n Si~e~, SwIeJ ~d in tM prewno~ o~
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STATE OF RORIQA ~
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oetw~ en~, pNSOrypy ~pp~and W i 1 1 i~m T_ $1 ~k e ~
Pe g,gy L_ Bl ak~ ti, ~ k~ •b,
th~ ind'iddwb dewtb~d tn and who ~x~a?t.d th~ for~potrg tratrum.M, u+d acknowkdp.d befon me tl»t tMy t~ucuNd tlu~~
~~i,qr ~~~vlpq~p
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~vitY ~tfw~A +nf? oompub~on. ootrtraint. aPPnl~na~~p?.~or iw ~ froen h~r s~W ~ r.•
VVTTNESS ny lwid ~nd o#fict~t ~al d~
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fHt F~d~at Savir~a i toin AMO~dation Z~L~of)`~t+'L{iL~Si"s.E ls~rSLfir~~ 31 Cat?9
of ~~..o.. A~p RECO~DED t?~y ~;;;~~R~?s~:c~? ~XN~iz~s~Gt. zy. ?~:?s
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