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HomeMy WebLinkAbout2054 - . _ - . _ ~ ~ . Y , ~ i ~ . . t ~ ~ ' t • ± I / ~ ~ , ' , , ? . . . ~ ~ •t tn ~1p0~ il1~ f~11~E~r EO d0~[ UpOf~ ~10~~ ~ ~ ORf 0~1 i~ ~IIfij ~Rt Llld ~f ~'00 ~!'OQI ~~b[tUOQSi ~ . ~+it yo ~ir~ti~! ~ a~l~1li~ ~Q ~~d l~Ee i~tp~R ~Q ~0 A~ ~iOf~ $1 ~10 ~lOC~ilL~l af 111ty I~E~10tli~/ ~JO ~~'0~; ~~7' ~Y w+~sant tLs tlitis bo ~id land and will deEe~d ths maae a~g~nst the lawful ala~ms of - P~ PROVIDSD ALWAYS thst if the M tgagors shaII well aad trulY P~y unto the A:sodatloa, the indebtcdt~+s evidenoed bp t}at cartala? p~omisso~? twt~ of evoa ~~~F~c~ewid~, mads by the MatgaB~ ~ I~Y~ble M the Assoctatioa, in thc Prt"ciI'al svu~ of ___---..SE.TZF~1.1L1`~iQ~~11TR..ES2IX~i.I~I~I.~REII.A11~ I1Tfl11~Q. ---.._Doltars (Z.7.40~.00__._ ~ i w211Cb DO~,~ t0~'lt~10! wlt~l lqtE!'E~ t1f0['OOf! Lf t~lEl'Cj!! fpOC~Ed. ~ (11t~?i~0 3[i 1qOt1~i ~lL1L~It1Eltb Of _ _ ~ ~ ~ ~ ~ ~ ~ . ~ ~vi~1~6 ~n~10~ 1864,_.~a.~$.~~.~~Qi7~.A1~gu~_.~~[,«.~~~~~._fi~~1~.~~~~~'~~~~~~~~~~~~~~~~w ~ ~--~~SIXTY-FOUR AND NO 100 _ 64. 00 ~ • ~ lOth September 10, 1964, ~ oa tba.,......_..... day o# eac6 month c~oaAe~dng vvlth...._ ~ ~ P~Y~m ~ ae~e to be ai~ 6rst to intuest. aad tbe baLnce to pdnd~l, until xid indebtedneu fs paid ia fi~D, and sLa11 pesfa:m. ~ ~ .na ~ ~a ~y a,~ ~~e~ ~ .~a ~~a ~ ~a ~ .~a ~ ~ ~sa ~s ~l? .avanoes m. by the A~o~ttoa to the M«tg.g«s, a chefir s~x~o~ in eftta~ fac aar ~ at any tlms befo~e the rctease~ and ~tioa of thts matgaSa bat ;t ao time ~6~II this mortgage aee+u~ ach~anoes cn account ; oE mid o~aal no~e mgetha witb? aUCh additional advance: 3n . sum in Gooas eE SEVEN THOUSAND E ; ~ FO~UR HUNDRED AND N4 10 0 , ~ 7 400 00 ph~ E to peotert tl~e security and oasts~ d~an tbis deed and tLe estate Lereby creat~ s1~ll caise and be,nuA and v~aW. ' ~ ~ ; AND THB MOR'I'~AGORS DO ha+eby cv~ant und sgree: f~. , 1. To pay all and sfiog~ilar the pc~l and lnbenst ~nd ot}kr ~mu of moneY Pa~b3e b3' vutue af saW pcomis~ury aote ~ '~'d ~ ~8s80. ~ P~'~P~Y ~ ~j~ ~~Y the s~me severaIly co~ne dna - _ ' Z. To pay aII and singuhr the ~m?eata~ le.wk~, lkb~itiea, ob~igstio~ and incumbranoes of e~ve~y natnre and kiad ` ~a~+v on said dema~tbed p~operty, or that hereafter may be~K~lp~ suff~~re~ glaoed~ 1~vied, ,or assessal thereos~, or that hereaker i ; may be levicd oc asse~ed upo~ tl~ Mortgage, or the ~ :~md h~by, each and every, whea dne a~d pa bie. ; aa~ding tu 1ow, be~o~e t6ey booome delinqueat, aad before In~~ ~ti~ehes or anyF ia ~d; as~ I~r as : aay dxreof fa af reoo~d the same slsall ba promptly satisfied and duchsrged of reoord and d~ig~nal ofHc3a1 documeat (such a; fa~ i~uncq tbe t~ reodpt ar t~?e aatisfaceon paper of~Cially en~iarsal ~ ca~ified) shail be placed in the bands of said : Associattoa as Martgagce within tm duys nert after payment; and in the event that any ~f is not paid, saKsfiect nad discharged, aaid A~tion may at any titine pay the same or any pa~t thereof wit~aut vve~iviag ar affectiug any option, lien. ecluitY or iight ~mder or by virtne of ibis Mortgage, and tbe fuD amount of each and evety such paymeat sbaA be immedtate1y due ~u?dpayabla and shall beu interest fivm tbe date thereof until paid at the rate stat«1 In tl~e note secured 6ereby ~nd togeth~r with such intac est sbal! be sean+ed by t6e lieu of tbis Ma~tgage. . ~ 3. To keep the b~diaprs aud aA eqmp~ent ~ and pcrsonal property iww or beceaEter on said premiscs omrered by thti ' mat8a84 ie~s+nred in a sum eqnai to at leASt the amouait of the tg~ ge, ar an ~unoimt suE~dant to comp wltL atry oo-insur ' aaoas~qu~t oovernng tbe satine under tl~e laws of tLe State u~ a,~7orlda, ca~vaing loas from both ffi+e ~ storm, aasking the - loas under said polidRS, each and every, PaYible to the Assoclation, as mozi888~0. a= ib iaterest ma appear, and said ~ - shaIl be in a good and respoixsibk ~nsurance oaapany ~ satidutory to said Association, and writtea yb~r a ~oCal ages~t , ~tisfactory to said AssoaFati~; and tLe policy or policies shaII bear a standard mortgage ctause wltlwut oon~~and shall be by the Associatioa, and, fa tbe rveat aay ~m of money b~eoomes payable under socfl Polic~' Policies, the Association ahall have tbe oghan M recetve and egply tho- aame oa aooamt oE the indebtednes~ hereby aec~u~ed, or- to permit the moit ~gors to receivoe and usa i~ or anY I~ut thereo~ for ods~' p~upoaes. widwut thereby waiving ar fmp~ng any equitY. 1ien. or right uada and by virtue of tt~ mort8age, and may ptaoe aad pay for such insurarwR or any p~art d~. vv3thout waivjng or alEfi~eting itr optioa to foreclosQ or any =igLt hae~mder, and tl~e full aawunt of each and cve.rY auch~ P~yment shatt be immediat~ly due and - P~?Yabk and shall bear intere,st from the date tlsereof nntit patd at tbe rate stated in the note secured hercby' aad togethac with sucL intcnest shall be mecun+d by the lien oE ~ Mortgage. ~ . 4. To ~mit~ ooa?mit, ~ suffex no waste~ impairment ar deterioration ~ of ss~id p~operty a an tbereof~ wd u - the failure of tbe aortgagors to kcep t6e buildings on said pe~operty in good oondltton of rejmfr~~the Assoc~tfoQ may demand t~be hnaaediate rep~ir of said bt~ildiag ~ the fmmediate n~payme,nt of tbe debt hereby sanu+ed, and tbe fu7ui+~e of the mortS$8~ to oomply with ~sld demand of the Associ~tlon fo~r a peciod of Thirty (30) days, shaII oonstimte u brtach of this fo r ~ aad, at the option af the Atsociation, itnmodiaMly mature the eatire amotmt of ptlncipaJ and interest herEby seCt~red~A~us~i~ 1 Assxiatjon, finmodi~tiely and without notioe, may institute pmoeedings to foroclose thfa nartgage and ap~lv for the appoinmsent of e Reodver, as hereinafter providal. ! 5. Tl~b martgage aontract provides for addIttorwl advanoes whkb ms~y be made at tbe optJon of the as~odaNon and see~n+e~ by thls mo:tgsger nnd it is agreed tLat ia tbe evant of such advances the ~mo~mt may be added to the martgage debt. and s~il inereASe the unpafd balaaoe of the note hereby sea~red by the aaio~mt of sud~ advance and shaA be a p~t of said note indebtedness unckx all tbe tem~ of satd note and tLi~ contrn~t as fully as if a~w sud~ aote end oontract wero ezecuted and dehv~e~~ed. M aik~tiauI advance agrrcment may be givea and scoepteil for sucb sdvanoe and pe~o~vision ~y be msde for - differeat a~onthlY PaYmmb snd a diffecrnt interest rate end other modlf'~aitioos a£ tbe ooatrac~, but. ia aIl other respech this oontrnct ~haJl raun~in in fuA foroe and effect as to said indebt~~ induding al1 advanoe~, . 6. If .Ay of t~e ~s o# ,noney h~n reErsrea to be mc p~o~ptl~? ana ~funy p.~a v~th~ T~t~? (so) asys ,~ext after - ~he ~me serexafly coms due and payable, oc if aach and evesY tbe t~on~ ag~eeaien~ ~ndttions. +~d oov~a~antr a~ saicl p:comi~ary aote aud thi~ deed, a aftha~ are not dal~? per~armed, oom~ with uid ~bided by, tbe aggiegab mm meationed ~i siW pnon~? note and anp v-tha aa~o~mt or amo~mb added to tbe c~t~ge indebtodaea unda tbe ~ oE this m~t~age ~tl beoome due and papsble fa:tLwhh. ar t~f~ st tbe optio~ of the A:sociatloo~, as fiilly and aomp1~ely as if said sggccgace oo, ~money was ori~Uy ,t~uhtea co be p.id on wd, a.y, .nytt~ hc safd p~omis~oey ,wte or I~n co cbe oonc~ry noc. & ~ 7. To deltva~ b~ tl,e A~odatio~, on er before March 1l~th, of axh yaar, tu reoNpb evjde~d°S the P~ymen= Qf ~alllaw i ~uu~? fa, teze. far t~ preoea+~a cal~da:~ar, ta ae~ve: ro the A~o~aa, reodpe e~v~d~~ng rhe pa?y~t of un I~ ~ n ~ ~ ~rltbfn niaet~? tso_ ) days •.f~ ths same ~h.n l~voo~e aae ma p.yabk, ~nd m p~y or aixt,.rge wit~a n~y t90) ys aker dae datq any md all gevana~entsl bvbs tbat may be m~de an tLe a~o~t~a8°d P~°P~Y• an ti~is mostSaB~ a .~r ar~ ~r ~ t~ ~e ~ ~Ka ~ ~e~.g~. - , , . • ' • : R. ' , j ~„1 ~ ~ ~~Z~~ f ~