HomeMy WebLinkAbout0874 - - - ~ _ . . . . •
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,t te p1.a «~d ootiMwawly iwP aa tA~ bu11dM~ now a Mr.~tur Ww.N on ~.id I.nd ~nd on ~p .qi~r and p«~naib odw?~d by +hM ~aq~
p~ wiTh ~N pr«~iuin~ th~non p~id M tull~ fh Yiiwano~ h 1M u~wl N~nd~rd Poliq? tonR b• wa~ ~pprov~d b~? tM MORTW1RiEE. ant! wlnduota~ •
Maw«eq N tM uN~l ~qnd~rd Pdk1? fae4 N• wiw pp~owd b~ Ih~ MORTGAtiEE. In wtA ooenp~nr or oa~+NM M th~ MORTGAGEE wwy ;
d4~ct~ ~nd aq M and wind~a?n~ I~wK~na po~kiN an «qr of s+id ?uii~q~, +e1? InNrKt 11wNn or p~rt tM~~of. In t!w pprp~h win ~fonald a
In ucaa Hw~wl. ~11 caaaln tM wu~) atandard nw~ppM clwN a wd~ aMr dww M IM Mor~ppN m~11 ~M~ ~~+Y tlN loa w~ aid po1F
dN. MtA and wMy. WYibM lo s~id MORTG~AGEE N ib IMMNf nMY ~pp~M. M~d Nch ~nd wKy Wd~ polih? slwq b~ P!~^P~f? Mid d~liv~nd q
any M1d b!I ~aid MORiGAR3EE a funhM ~scwib fo s+W na~q+p~ deM. and ~ laa fMn 1~ l~~ dari M adv~na o~ ~~xpkatioe of ~acA polk]?. a de
Uwr to said MORTGAGEE a nrwwal Mawf. 1op~~ with ~ naipt fa tM pnn~ of wd~ r~wa4 and th~n ~h~ll b~ no fin a wkd~ta~n NNVwna
plaad on any d wid puildinpw, M~hrat thK~in a pan tlw~wi. unba le tM fone and with tM loa p~yabM M afaMaid~ ~nd N tM wM1 ~wn
of monhr b~ooi~ p+yabN u~~ auch policy a polici~s ~+id MORTGAGEE ~h+il Iww th~ option w nalw and pply 1M s~ on ~caounf of tlw Mid~bt~ ~
na~ s~eund Fwr~b~r a a p~nnit s~id NWRTGAGORS a nalw and uw N a ~n~r p~rt tl~wf ta aFwr pwposss, withoul Nwreby waivinp a~mWia ;
Yg +nf? puib. N~n or ~ipht u~d~ or b~r vtr~w of tN~ narqapq ~nd In tM ~wnt wW MORTG~AGORS slrll fa any ns~on f~ to kMp tM wW prMni~a a t
Maw~d. a f~N b ddiwr P~~^Mb +^Y of ~aid polidM of lmur~na a s~id MORiG/1GEE. w f~il promptly w p+~r fvlN +m? P~~miuen tMnfa a M~np ~
nspM fatl b p~rfanl, dudurp~. ~x~wN~. ~fhti. wmpbt~. aon~ph? with and abid~ bY thi~ aov~ant, p an~? p~rt lw~of. said MORTG/1GEE nwy P~+a +nd t
WY for wd~ Maurana ot ~ny prt tMnol wi~hout w~ivinp or ~ft~cf~^Y +n~? cWio~, li~r~, ~4~+~h?. w ripht wd~r a by vktw of thk Mo~q+p~. ~nd tM ,
full aniouM of wcA ~nd ~w~l? such WYm~M ~MII b~ innMdiaNly dw and p~y~bl~ ~nd ahall b~ar int~rwl from th~ dah tMrwf until p~W q ~M raN V+ i
nirw pN aeHUm pa «vwm ~nd topethK with wch intuat ~MII be wcw~d b1l tM N~n d thia ~norqap~. {
I. To p~r~uit, aommit ar wH~r no waN. M~irm~nt a dN~riowtion of ufd prop~rh w aM? Part th~f• ~
3. To p~y ~p and ~Mipular tM aosM. clw~ +~d ~ Y~k~q a nswn~bM ~twrn~t ts~ and oosn d~bsa~cts of thb,. in~rin~d a pdd M ~
~ny Hm. br a.id MORTW?GEE, b~ca~,,. ar in N,. w.ni of M. i.ihK. on tlr P~r1 of tM aW MOR?GAGOR a dulp. pron+p~b +ed ivlh? P~rta~, dach~qt ~
~x~ad~, ~ff~. eanPl~». oomply with ~nd abid~ by ~sd~ and wMr 1M ~tipulatioe~. +prN^w^~+. ooedMioro,. ad aov~nsn» of Mid proeniswry? iaN and tha ;
~~rw or ~ithM, ~nd wid oos+~, ch~rpa +nd ~sp~s, ~h +~d w~r~?, aiwll b~ N~dlaay dw aid wr+blts wMtFwr a not N~.~ b~ ewia d? t
aund, ~ftsmpt b aolktl o? wif padinpt and fh~ fuU ~u of Nch ~nd ~y wd~ parm~nt sh~ b~K inNnsl fron~ 1M d~N tl+uwf untU paid af t!w i
; raq of nirr pa anh~m p~r ~nrwmt and all s~id aostt. cMr9a +nd ~xp~n~t MKUtnd or p~b, top~thw with wch int~ntt, sh~d b~ Nau~d b~I th~ li~n of tN~ i
~qN~ {
6. 1Mt W in th~ ~M of ~ny bn~ch of this Mortpap~ a d~iwh on t!r paA of th~ 1NORTGAGOR, a~ (b) in ~M wwM of wid ~ of nwn~y i
hwdn nfKnd to b~ oot pranptlr and fvlly p~id whhin thirt~? l30) d+ri mxt aft~ th~ s«m s~vMaly b~aorn~ du~ and p~yaW~. withou~ d~nwid o~ no~io~
or W h N~ w«W «ch .nd wen? N» sNpulation~. +w«m~nfs. aonditio~a and oown.nn d saM! pra~iswn? noN ~ed tha mo~pap. «~y o. eidrr an na
iuh. p~omptb .nd tv~ly pKfo~madl. d'adwyed, .x.sv+«~, .ff.d~d. eoenpl.bd. ooiadi.d wttA and abid.d hr. th.n in .Nh.. or any wdh .r.n+ th. s.id .p~ .
~ ; pr~b win iasmiaNd in s~id pron+tssory nW~ tl~ nnMininp unpsid, wtth Mt~nst +oau~d. ~nd ~I) ~~n wcw~d Iw~by. thill b~oon» due ~nd WY~
abb iorthwith. a tMr~+ha. ~t 1M option of aaW MORTGAGEE, a fuly and aompbqy ~s ff all of ths aid w~a of momy w~n o.ipin+ly atpulaqd
b b~ psid an wd~ d~y. aeMhirp b said prambfory noN or in NJs Morlpp~ to tiN oonUary nolwMMtandinpf and fi~M~on or tlw~afiM al flr Oplion Of '
aid MORTCsAGEE. wid~out nwia or dMn~~d. wit tl law ot b~quib. 1Mrsfw~ or tMrwft~r b~p~~, maY b~ Proaamd a if all n~onyrs Naind I~~by ~
h~d aM1tK~d pirOr b iq MWiMion. ~
7. n~at b th. w«?t th.t a th. b.yMr~inp ot w N«ry wn. pMdY~p an~? suk uPon tN. M«pap~ a w fonc~o.. ty a w r.fann N, « a.nio.a. ;
pmnNM of any datms h~nuader. said MORTCJ?GEE slWll apply to th~ Cawt hrvinp ~uri~ction tlw~wf fa th~ ~ppoYnnwnt of a R~aiw?. arch Court ~h+ll
tortltivith appokN ~ ne~iva of aaW mort~a~d prop~rty al) and tinpular. M~+dinY dl aed sMipular tM inoonw~ Profitt„ iwws and rrvrrr+~s fran wlNtwa ;
~ - soura dKiwd. wd+ and wsrr of which. N b~i~g ~cpress~Y u~dKatood, k Mnb~? morro+p~d a ff sp~cificaly sN forth ~nd dacr~ed N 1M y~~ntinp ~nd !
h~b~~dwe clwws Iwreof. and such Reaiwr ~11 Mw ail tlw bro~d and effectiw function~ and powK~ in ~nywis~ ~un~ted by ~ Court b~ R~iwr, snd '
quh appo4nm~nf slyll b~ mad~ b~r wch Court a an admitad puity snd a mann of ~bw1uN ripht to ~aid MORTGAGEE, and vrithow nf~r~nca a th~
adpwcy ot in~d~qu~ty of t!a valu~ of ths P~~h ~~9~ or to tM toMMtr a irrolwnty d s~id NWRTGAGOR a. th~ d~(endsma. and tMt avch
~ tMbr protils. inoom~. ksva ~nd nvrnws slWll b~ appli~d by wcfi R~piwr +ooordnY to th~ IMn w~quity of s~id MORTG~IIGEE ~nd th~ pactio~ of wd~ _
. Court.
' d. To duly. P~+P~b snd fu1M P~rfom~, dhelwrp~. ~x~uA~. ~ffeet, ooenp{Nq oomPb wi~h and aWd~ by ~h and war /M sHpulation~, apnaMn~„ "
co~diffons am! oov«w~b N said promh~o~y noft ~nd fNi mo~pap~ Nt fa~tl~
9. TMt M. 11~ w~e~ Mr awnK~hfp of eM morq~p~d pn~ni~s„ a+eY P+A th~nof, b~oonw~ v~thd M a pwsa~ otiw~ th~n th~ MOICiG1~GOR. th~ .
MORTGAGEE. Iq woaaon ~rd assiyro„ may, vrithovt notia to th~ MORTGAOR. d~al vri~h wcfi aroomor or woaasa In iM~nat with nfenno~ to tNa
aarq~pt and tM d~b~ Iwnby s~a+nd N the nw+ner ~s with Mwtypw without N~np w~y viti~Hnp w~rpinp th~ Morq+pors' IiabilHy Mr?
wd~ or upon Nw debt Iwr~by sacw~d. No w1~ of Nr pnmha hereby moApap~d and no forbwana on tM part of th~ MORTGAGEE or Hs woo~swn
or a~sqn and no ~xqrrion of th~ tim~ iw the p~yen~nt of tM daM Iwnby ~ec~nd ¢wn b1? tM NIORiCAGEE or ih wooasars a ~ssip~r„ ahdi op~rn~
b nl~a~, dadw~. modfY ~wg~ a ~H~ct tlr ori~enal U~bility of th~ MOR1CsAGOR Iw~ ~i1Mr b whoN a b part. .J
ta n r ip~aficalb +~r«d tri.t we. Y of a.«x. of tl~is ooea«r .na rA.t no w,iw. of .er obliy~tlon ~,...under « d d» owi~ation I
out~d IMr~? sMll at any tieM thetwfeK bt MW to M~ waiwr of tM Nrms Mrwf at d tM l~atn+n~n1 wuK~d I~by. ; ~
n. ~e .d~tion ro eh. tor.goLg monthly Paym.na of p~ir~eip.~ and ~ro.rat nqutnd by th. promasory oa. aeew.d h~r.br, morq+ao? aov~nb
rcip _
and aprNS to p~y to mortp~p~~ with wd~ montFJy p+ym~nt an ~tiooal wm ~stimrNd by morlpa~ to b~ pwl to 1/12 of th~ arrw~l oo~ of tfr follow- -
~9~ ~
~ A-Ail rsal propKry tws bvied w asws~ed aWimt tir abow dauibed rwl au». -
d-Pren~iwns on fin and wind~tam imunna ai Mnin nquir~d to b~ carried on Hr Lnprovwna~b sNwb on tM abov~ daaib~d pr~miwa. -
C-~r«niums on wch mort~ag~ ~uaranty Irau?anw as morq+~ ~11 fran tinr to tYn~ dwn fN to carry on th~ loan wcur~d iwnby.
Mort~ape~ sh~li from tLn~ to tim~ naifp monp~or in writi+p of th~ ~rno~nu dw and psy~bl~ IMraund~r ~nd wch wm shill ther«ipon b~ due and -
pnr~ on tM dus daa of tlw nest maahlY p~Ym~nt and wch woo~srlw rnonM tiws~har umN matpapN dwll notif~? nar~p+por of a clwrg~ in wrch
arnowr. Such iwm sh+ll be appli~d by matp+y~ toward t!w psyre~nt of nal pwpettf? tw~. irrwana pr~, and n+ortp+p~ ~uar+mp Mru?+na
pr~~
IN WITNESS WNEREOF. tM add MORTGJU'~OR Ms IMnunm wt Ns Mnd and Nal ths dry and yw Mt afar
ipned. ~ Md ~nd r~ N 1h~ pr~w~a o~ ~
p eer , n v
en as uar an o e
~ s a e o anc e . ~
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' ~ of Philip Pe arl ~ .
St~ T»~~ a ~ "
~ ~ T',StB~wd
i l~ton ar p~esomW ~PP~+~
~ ~ ~ ~ Yawn and kiwwn b ar b b~
the N and wla ~x~a+ad eh~ fa~poinp imtr+~rM, ad ~du~owl~dD~d b~ton a~ tlwt .tl~ tx~oubd tM ~arn~ for t!r pirpars
~
; Nwdn utpna~d. Ani~r•~
` ' , ~ri~.nL aha a~s~: - - - ~ -
~Row i~ ~-t~lw+•~wt~ ~?Mw iwt Iw~ MY ~Iws~+wdr ~dr+~w1~M~ b-Md-i~et~ wr ~Mt~My~w+Ni MM-irlw~w~~-firsl~r ~ wlua~ -
~ ani ,widww +w~? ~-o~ ~riww MY-lw~M~d.
WRNESS ay h~nd and offkW wat Znf'.$ d~1/ A. R 19_~{. "
No~sry M and fo~ tht SqN d Haid~ ~t tsi~
~~~y My Mq? ~xpMw
blurn Ta I V/~ NOtirY PYDIEC. St,t! M F101'idA st L~s~
pn~ , f,~d,nl s.vina a I~o.n /wod.Ka~ , ~,p Commitsion Expiras AI~. 6, 196~'
Y Q~ ion w«o..
Fl1~D ANO RECO~D ED 's°"°'d ~,"m"`a"~"~°''°'"`Y'
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i_ ~ T~tit i M-
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; '~,~'o•.. ROGER POITRAS.CIERK ~ T~
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~ i-• Sfi. lUC1E CIUNTY. FLORIDA Y f~~ ~ c
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