HomeMy WebLinkAbout0522 ' _ - .
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To plao~ Md ooniinuowy ka~p an tM buildinys now a MrNfN~ N~wN an aW I~nd and on all puipme~t Md p
waw«
a in ~ u~ a~~'~1? fo
fi4a f1 ~~~pwowd br d+.1 M~OR~T
GE~E. ~wd+ ~ca~n~«~oc+ma+~ii
dh~ ~nd d) An ~nd wi~dawrm Mauranq policia on arqr of wid buildu~pw any inqrat ther~in a Wrt tM.wf. in
in ~xca~ tlwnof, sMll conuh tM usual u+r?dard mat~+~ dws~ a wch alw~ clavs~ a~M JNorq.~.~ ~n+Y ~?kw ~
c~a. ..d~ .nd ~v«y. wr•bl. a s.W MORTW?GEE a m ku...s~ n,ay app.ar. a~d ..ch ad we.~? +~+d~ nakr .MII b. pa
~ny Mld b~l s+id MORTGAGEE a furthK senxiryr to ~atd map~ deW. u~d, not 1~ th~ t~n (10) d~y~ h advana of tM i
liw~ ~o uid MORTGAGEE ~ nnnwal 1M~wf, top~th~r wHh ~ nntpt fa tM prNr?iwn of wch rN?~wa4 +~d th~ sMU b~
plaad on ~ny of s~W build'N+p~„ any W?qrat thKein or put tMreof. onl~ss in th~ fom+ and with tM bu p+yabM as ~fon
of morwy bacanes payabl~ wwlK wd~ polky or polida wid 1NORTGAGEE sh+ll Mw tM option b naiw +nd ~pply the sa
~wa s.c~r.d h.r•by a w perna~ ~id MORTGIIGORS ro?.o.lw •nd w. Ir a a„y p~t tMreof ~o? ~othcr pwpw~s. witF~c
Irg ~ p~rNy, lia~ a ~ipht w+d~r a by vkhnr of this mo~tQapq and in d+~ ~vent said MORTCsAGORS shali fa any na~ 1
Maw~d. a btl ~o d~livsr P?ompth? +eY of wid policia of iraw~na to wid MQRTGAGEE. a fail P~++Pth ~ WY fvlly ~
?esp~ct fail b p~rforrn, d'~schu~, txscvt~ ~iF~, campl~», canply with ~nd abKh by thia oovenant, a~ny part herwf, s
p~Y fa wd~ Mswa~ w any part tiareof withan weivinp a aff~ctinp aiy optton, li~, pvify. or ripfit under or by vi
futl a~nount of each and ~wry sucl~ p~y~nMt shail b~ irtrMdi~tely du~ and pyabb and sMit b~ar intKest from tM da» t
niM psr antvm p~r +nnvm ~i+d topNhn with such int~rest shali b~ secured b~r ths Mn of this mortQ~.
4. To pKmh. oommit or svffK no wa». MnP+~rt~ or d~terawtion oE s~W property or ~ny pkt tlnnof.
S. To pay ~Ii and st.gul~r th~ aoat~, d~rp~s +nd ~xpero~~, M~d~inp • roasooabl~ ettweey's fk ~nd caM of ~bstr~
~ny tLn~ by said MORTGAGEE b~taus~ o~ M ths ~wnt of tM failvn ot~ NM puf of t!x s~id MORTCsAGOR to dulp, pompl
ta~cvt~. ~ffact. oony~ka, aomply with ~rd aMd~ by ~xfi ud ewry ths W~pular'~aw +p~^~. ca+d7~iaa. ~nd aovsnana ~
~ro+D~ +~Y at eithK. and seid cot~. char~es and e~cperws, aad~ ~nd wtry. sMll be immedAtely dw ae+d p~y~biq wM
nnand, Nt~mp1 to collect or wh pN?d'ugi and ti» full ~navM of ~ach and ~y such p+Ymen1 shall bN? intenst from th
nN of oinR pK aentvm psr arwwnV ~r?d all s+id oos~s. chu9es a~d ~xpsn~s inarrr~d or paid, topetha with wch fnhrtst. ~!w
mor~p+0a ~ .
6. Tfwt in tM we~t oi ah? bnacA of thi~ MortQ+~ or d~favh oe ths put of th~ M~ORTGIIGOR. w tb) in tM ~w
- Mnin nhrt~d to b~ not pomptlp and fvly p+id witNn thirry (~0I d~ys n~xt aNa tM s~ne wvsr~lly becan~ dw ~nd Wy
pr f~ th~ ~wn~ each and every Na stipvlation~, ~yr~mantt„ tonditions and aov~na+b of said ptw~stwy oot~ a~d tlrs
~+h?, P~Ptb ~nd fvlly p~rforma~, discharped. ex~cv»d, ~ffecud. comPl~t~d. con+P~ied with ard ~bidad by, thsn in tither
prp~h svnn tn~ntlonad in s~id promisswy ~a» tMn rem+inin~ y~»~d. with lntaeat ~auued. ~nd all mo~tys secvnd hsr~
~bt~ forthwitl~, or tMrwhu. at th~ optwn of said MOR~GAGEE, ss ivlly ud aomple»y ~a if all of ths aaid wms of n
ro b. Paw a, wch dar. +~?yrht~ t~ sa~d aon+t:.o.y ~wr. or w, rh~s N?o.~.9. w rh. aa,r.uy ~+o~w~rna.~+d~r .~d rh.re~
taid MOR7Gl?GEE, with~out ewtia or d~n~cl, svit at law w in puity, thu~fon or th~?Nfl~r bpun, miy b~ prwew»d
i had m~wnd prior W i~s 4Ktinrtioe.
f 7. nut in +f+. .vem N+.r .r +h. b~yinnLg of or .r a~? 1«e. p~ndieg any wit upoe this Mortp.o., or ro fone~o..
I. WY~t of any daims M~wndM. s~W AIIORTCaAGEE shall ~pply fo tl» Court Is~vinp ~adictbn tlKnof fw ths ~ppointm~
I forthwith ~ppokN ~ r~eehrM of wid mortys~~d propaty afl and sM~pular, ieKtudinp ~il and skgvlar th~ inaonw. Profits, ks~
~ soum duhred, sach and ~ve7 of whicly h b~i~g ~xp~ly w~d~atood, ts i+~rebr morty+ped as if spscefialy sN fortA a~
lwbaidum dau~as h~reof, and wch Reoeiva shall h~w ~II tM broad ~+d ~ffectiw fisnctioos and porwrs in a~rwhe en?nut
wch appoiotmaN sh~lt b~ e~ads by wch Court ss ~n admitted puity ~nd a mrttw of sbsolvt~ riyKt b said MORTGAGEE
ad~quacy a tnadsqu~cy of *he valw of the p.oparty mary+ped w to the soNency a iraolwncy of said MORtGAGOR a
rena. Profib. M+can~. issws aod rwawa sha11 bs ~pplisd by wc(i Reaivsr ~ocad'ug to tM lien or pwty of siid MOR
~ Caxt.
8. To duly. P~«~Mb ~~Y P~~. ~~+*Oe. ~xacute, effect. ~mp~it, aomplY with ~nd ~bids b~? ach a~d t~
Ij oondttions ~nd aovawna in s~id p~omissory note and thia matpa~ set fath.
9. T1+at in th~ ~vant th~ ovv~rsNp of tM mo~tys~ed P~. w+nY Psrt ttweof. beooe++es wst~d N• pKwn <
MpRTGAGEE, It~ woeesson and .ssipm, m.y, without naice ro rhe MORTGAOR, deal wirh wch woosssar a woc.sior 1
mapape and tht debt hsreby saw~d in the sam~ mamsr a with Mw. ty~pw withovt in ~rq? w~y vitiatiep or d~sdurpia
w~da a upa~ tM deM Mreby awred. No saf~ of the P?~+~ ~~Y ~9+s1~ and no forbe~r~na on tM pan of t
or assipro and no ~xtensbn of 1M Y~me for tM paym~nt ot tM debt hereby secwed yiwn by tfie MORTGAGEE w its w
. 1o nlea~, dach~~. modify ch~np~ or ~ff~ct tl» oripirnl U~bility of 1!w MORTGAGOR h~nin. ~itiar in whol~ a In pa
~a n r. ~w~y .~..a d,.t r~~. o~ +h. ..~e~o. o~ oo~w.a .~a ~h.r ~o w,nw of .~r oa~ h
cwed hKeM? +h+ll a+eY tims ther~afror b~ heW to be ~ waiver of th~ tams henof or of tM ir?urar~~t seand haby.
11. In adc~~ion a rhe fa.goirg monthly paymenn of prindp.l and infe.est requved bp rh. p.omasoni nw. ssu,
and spra~s to pay w mortga9a~ wHfi each monthlY WYrrwm an addiiion~l sum esrimsted by mortys~ to be eqwl to 1/1:
• .
/~/111 real property tax~s kvied or asssssad apsinst ~M above detuibsd r~sl ~stat~.
B-Pr«niwro on firo and windstorm inxaance as Mnin required to b~ carriad on tM improvsments sitwt~ on tM
' C-Praniwns on wch maty+~ ywrsnty irauranos as ~mort~s~ sh~ll from time to time deun fit ro arry on ths
Mortya9c+ sh~ll from Yane to tine notify mwt9apor in writirg of tF» an?o~xd dve and payabls hereundM ~nd wd
'paysbb on ths dw dsrs of the ~+hh ar~t .~a .~n ~ m«+~h rhereaher until matya9ee ~all notil
qnuunt. Suc~h wms shall bs applied by mwt9age~ tow+?d ths paymenl of r~al property t~xa, inMxanp premiums, s
Pramiums.
IN WITNESS WHEREOF, the saW MORTCaAGOR h~s lnrwnfo set Ns h~nd and seat th~ dar aid yw f~t aforesa
SiyrKd, and M~ tFw prea~nos o~ ~
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STATE OF FLORIQA - t • .
~ Sa nt Luaie ~ ` ~
e.fa.. n„ P.na,,,h ,pp„na H R 0. Cl ark _ . .
Ruby B. lar . hi~ wif., ro rw
Ih~ k~dfvidwb dewibad in ~nd who s~catvt~d tM fanpoina Gatru~t, and +dc+wwl~l~~d btkn m~ tlwt the~? uu
~ Rub~ B. Clark
E. „b H O. Cl rk
wn~tion b1? ~ tak~n a~pirat~ and p~n han Mr iaid M~d. ~cknawled~ed 1o snd b~fwe me flwt sh~ ez~arl~d
- txil~/ +nd witl~out anY oortiPulsloq, conatraint, appr~iy„ or fw of a from Mr said lwsbard.
f MIITNESS m~r Iw+d ~nd offidal se~l thh. iiG ~y of~1d
. Notary PuW .and for tFn
i. Nty Comrn' ~xpiress
R+Mu~n To~ ~Votary PuWic, Stai
- Flnt f~r~~~~~,
i loin Aaodatlon ~Ay Comm ss on E
- :;.0~~~~~~~ - ~ ~onded By Amer~
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