HomeMy WebLinkAbout0939 ~ - . . _ . . _
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~ _ • Y ~ ~ - ~ . ~ . ~ . . . . . , ' . . ~ , . . . r .
F` t ~i ! '.tt~i , ~ r ,j 1 ' `i..'ti: ~ • • , . ~1
1. ~ > > t 1 + ` ~l
1 i • t . r . ' ' • + , . , - ` , t , ~ : ~ s i ,ti i : . . ! T , . ~ t~~~ ~ s i ~ ~ . . ` ~ ~
f ~ ~ r t ~ ~ ?o~EraES wrra .n .tta .ie~ular u+e ~ae~aa,t+~, b~ea;t~nenV .na ~ puetea.uee. werounio b~lon~in~ or in~.q~r. . . ~ .
c~~ i wi~e thota~mb ~?PPertainint and tbs rents. Lsnes and ptodt~ Wee~eot, a~d ~bo al~the e~~ats, ti~ht, title, itstee~est 1?nd ~?l! o4am
~ t ; t~•, . snd deonaad wlu4~o~sver. ~s wdl in 4w as ia e~uity~ ot Mo~t~or in 4rtd Lo ths wae, iaoluduK bu! not limited to:
~ S,;;:,. . (
a) A l
l r
a a t s
i p
s
o
8 t
a l r
e
v
e a
u~ e s~. m
y ~
l i i
e s. r~
h t ~ e
a t
d b e
a e
Q t s deriv e d r
r
o
m ( I} otop~ `rown oa s~ i
d oeewi4jr ~nd pt~oduoe : ~
ot Ws soil o~ss (Z) al,~as or mineral lewa~ ot the reani~es or par n
• l.~~ • r; P W? t thereot AOM ~1s~111[ Or AO~~LOt Jl1~1~0. Mith the •
ri~ht b rooeivs oad reoei
p~ W~retoe and s
p
p~r t
h
e s ~
m
e b t h
e i a
d e
b t
e d n e a s e o u e~
e c~ h e r
s
E
y ~ t
a e
e b e
t
o
r
e o
r a t t
e
c a a
y d e
t
w l 0
h
e r
e u nder. and Mortgag~es m~y demaad, sne I~r and reoovar sqy euoh p,ymenta but sh~U aot be ~
~ ~ i - o t
h
e r r
e a t
s, i
i w a ~
n
d t
s d t
h
e r
a
n i r
e s h
o m t
i m e t
o t i m
e aoorui +'84uired eo to do. snd (3) nU . .
Z~ P,~ P ng w he t
her ua
der le~ses or tenwaea no~r. eaietin or . 1
t~ _ i•, ;„j~ireattse oreutedt reserviog w Mo~t~or~ wever, io bng a~ Martgag~or u aot in defwtt hereundee. the rig6t !,o reoeivs and ` l
~ ~ . - fetain f~he rent+. ~sues ~ad proSb ia oli (1) wd (3) herein. . . , ;
< (b) AA judgments, ~wards ot d~?m~ and ~ettlementa herea[ter made result~'n~ from oondeanw?tion. pt~ooeedinga or ~ i
i'`~ v1dnR ot the P~e~rnises or aqy p~rt thse+eot under the power ot emineat domain, or for ~o,y damage (rvhether o+?used by au~ .
, Wtin~ or other~nss) W the prsmiees or the improvemeats thereon or ~ny p~rt thereot. or to aoy ri~hts ~PPurisnmL Lhereto.
inoluding aqy ~w~ed [or chan~e ot gnde ot rtreeta. Mort~q:g~e ~s hereby au Wori:ed. oa beh~N wod w the nsma ot Mortgagor ~
to ~eoute aad deliver v~?lid ~?aquittanoes for. ~?nd to uppe~?1 irom,wqy aunh ju
c
l
g meata or uwatdi. M or t g
a
g
e e m~1r a
P
P
I
Y ~ ,
~ z. s
u
o
h s
u m s o
r a
n
y p
~ r t t
h
e
r
e o
f w reoaiv
e d. a t t
e
r t he pRymen t o t a
t t o[ itae~penses. iooluding ooels ~?ud attornays' [~es, o~n ths ~ ~
t . indsbtedne~e ~eoured bereby in suoh mannar ~s it eleots. or. at ita optioa~ the enlire amoua~ or aqy parL thereof so received
i'± i; t' m~lY bs released. ' h a
Y ; , i
{ TO HSVE AND TO HOLD f,he abovs ge~anted ~nd desoribed remiaes to M
~ ~ ~ ' ` ~ ~ P ortgagee. its suooeesoes anda~gn forever~ _ : ~ ~ ,
i;, ;'t s: 1'; ;~nd M~ig~or does berepy tul~y warrwt the u~le Lo s~id 4nd aad ~ill detend the aame aga,ins~ the uMtul olaima ot al~ pertions ;:T
ag i
.1, whomsoever: provided alwqys t6at it Matg~gor s1u~11 p~y to ~ortgag~ee t6at oertain pmmiasory note above deooribed and ahall t ~
1t l~orm all OWer oavenaats and oondition~ ot said promiasory note. and ot artiy renewal. ea~tension or modiBeatioa tLereot. ~
~ und ot tLis mortgage, lhen this mortg~ge aad the e~tst8 heceby osented aLe11 oe~se and be aul! +?nd void. •
~
; ~ ; ; : . Mortgag~or twthet oove~uwt~s ~nd agrees with Mwtgagee as tollows: • > . ' ' ~ < < ~
1;~,', j`., ~ l. To pay alt sums inalnd~ inteeeat seaured hereby ~vhen dae. as provided for in said prnmisaory aote sadaqy rene~v ~'•,t~
~ ; extension or modi8e~tion thee~eo~ and in t~is mortg~ge. sll suoh sums to be p~ysbk in L?~vful moaey ot the Unit~d 8tates
` . ~ ' ~ ' 1. ; Amerio~ a~t Mo 's dareeaid ci o!B ~ ~ : . • :
~ r4CaBee P~ P+~ ce. or ~?t sueh other plaoe wa MortB~$ee.m~,y desiguate ia writing. ~
i i , 2. Mo~pay whcn due. .tnd rvithoutre~
uiriag spy aotioe trom Mor a11 taues, asaesxmeats ot ~n ' .
' c,~ . ` . Y ~Pe or natnre and ' , s . . ~ • ; .
~ . ~ . , other o levied or ~sses~ed h .
, agsinst t e prem~ses hereby enoumbere ~snd produoe receipts theretor upoa demaad. To
~ + immedist~~y
pay and disoharge any alsim, Uea or enoumbranoe ag~inst suoh i'
11. tLi~ mor P~ises rvhiah msy be or beoome sup@rior to. ,
tgsge and to permit no detault or delinqueaoy oa any other lien, enoumbr~?aoe or ohar~+ agstnxt such premi~ee. 3` ~
~ ; S' t~ 3. It required by Mortgagee, to aleo m~lie monthly depoate wiLh Mot~e~ in w pon-interest b e a r i n g ~oooun l.t~ t6er , r j`
i w i t
h ~ n d i n a d d i t i
o
n t
o i
n t
e r
e s t a n
d r i n
a i p s
l
t o
t a s
u me qU~ v L
O OAe-
tN~
r
t
T
i o t t~e yee?r
l
y taxeK an
d assessmenta w!u'
o
F
i s';~` '
ere e
, t; be levied against the premiaes. aad ~o reclu~red) one-tw
e
l ith ot tha p~n~
: , ye~'~Y ums for insunaoe thereon. The amount ot
i'" suoh U?xes, as~ssmeaLx and premi u w. whea uakaown, shall b e e s t i m u t
e d~r M ortg~gee $
u o
h deposi t s s
h s
l! b e u s
e d by Mort.
r• ~gagee Lo pa,y suoh t~uces. asse~sments and gnemiuma ~rhen due. Aay insuIDaeaoy of auoh aooouat to - f t r•
: ~ ~ i : ` ? ' dne shsU be paid b Mo~8~r b M i~Y such ohsrges whea , . , ; . .
` this mor Y ~
T~ B+~
B
e e oa demun
d. I
t. b
Y reason o t any det~ult by Mortgagor undar any prov~aion ai
1', M~~ a~ +~1 s~m~ ~eoured hereby to be due aad able. Mor
~ s ; . FU' ~B+~Bee ma~? thea aPP~Y ~Y lunds in . , ~ , ,
~ . s a i
d ~ o o o
u n t a
g
a~ s! t h
e e
n t i r
e i n d e
b t
e d n
e s s s e o
n r
e d h e
re
b
y. T
h
e e n fo
r
o
e
s
b
i l i ty o[ t
he oovenan t e ee
l stin~ b teuc~. ax~sments ; i:
r : and insuranoe remiums herein otherwise provided shall not be aReoted es
" ! : • ; r` ` ' ; ~ p~ragr~?p eepti ia so fer as thaae obUgaLona bsve been me! by . . : t { • ~ :
'".~•si ~ anT vl
provision~a hereo[ re4uirinB suoh d
p~osirts~,
b
notio~e t~o
Mor lt$agoi wri~tio~g. While~aq~y
suah
wuiver ~eReot 1~; i f.! r:
~ s.~ : t i t:~ MOi16+'e°t ~11 P4Y ~xee. asaessments ~?nd insuranoe premmms as hece~n elsewLere prornded.
' 4.Toprom •f,~.~;~
la~r or Atly psy all taxes snd sseessmenta asaeesed or tevied under and by virtue of any state, tederal. or raunieip~l
~ i,, 1, i,: regulstion hereatter pm~gsed. againaL Mortgsgee upon this mortgage ot the debt her+eby seoured= or upon ita iaterest 1'~:,..
t,, under this mort8+~8e. W'ovided however that the totsl sruount so psid tor ~ny suoh taxes purausnt to tWa p~agraph together t.
~ ` ' with the iaterest ~ S s ~ .
i; paysble on said inde tedness shs]! not exceed the h i
gbee0 la~rinl rate ot intere~t in Ffonda snd • 4. r'
f furLher thst in t4e event ot the ~0~~ i:
~ p~
s
a
g
e o
t any suo
h l a~r or rego l ation, We entire indebtedness secue~ed by this mortgage shsll
Lherenpon beoome immedistely due ~nd psyable st t6e optioa ui Mortgaqee. - t:~ j;; r,.' ~
`itiijti'' .
S. T
o k
e e
p c
h
e p
r
e m i
e e s u
u n~ daga~ns t l
o s s o
r d a m a~
e b
Y 8 r
e. w
i n
d s t
o r
m w
d s
u
o
b o t
h
e
r h a
s a r
d s i?
s m~y b er~e~u i r
e d~y :-1;.
~ by ~ :
~
t ~ Mortgagee. in form and smouttts eaUsiwtory b. and in inauranae oomPsnies aPProved ~by M~~~~, 1tbe polioie~ for whie6 t~ : t
~ : j;, insur~aae shalt be pqyable to Mortgagee. Buoh poGaes. aad abstraete ~d oWee titla evidenea, a6a11 be delirered W snd heW ~ 1 ``E~ ,i
t by Moctgagee Upon toreoloaura ot tfi~s mottg~ge or other aa~uisitioa of We_ premise~ or any pact thereot by Mortgagee. s~id
`=s Puliaies. abstaaots ~ad title evidmoe sLall beeome We sbaolute Pe'oPer4y of Mor~gagee. ~ t~
~°~'j • B. To Snt obtsin the written eonsenL ot Mortg~gee, snoh ooneeni to be seaated or ~it,hbeld at L6e iob tlisaretion ot suoh~ ~t ;
- , ; , ! 'Mortgagee, betore removing or demoLsh~g =building now or hereatter eeeeted on the Premises. (b) altering the i?rrange- ; t : ; : , : . ,
~ I=: ment~ deaign or atruatural ehu~oter thereot. (o~ ~ sny repaira ariuoh iavohre the remov~t ot struatural parta or the ezpoaw+e ! r`; ` i 5.`
o[ the interior of auch bui~ing to the elementa, or O exoept tor domesfio purpooea. outting or removing or permitt,ing the _
i~ Z~ s~~` aucting aad removal ot ao,y trees or tianber on the premiaee. t~ i;
.
~ 7. To m~in t~
i n premises in g
o o d oou
d i t
ion ~
n
drep~r. in
c
lu d i n
g bu t no t l
i
m i f~ e d t
o t
h
e m s
k i n
g d sua
h repairs as Mor
r i•' <'m~y fmm 6ime ta time det.ermiQe to be neoeneary [or tlie preserv~tion ot We premiaes aad to not oommit nor permit aoy~ivu~
~ j~• 8 To oomp~y with all lsws. ordinanoe~~ regubtioru. ooven~ats. oonditions ind restriotiaw afieoting the premises. and not t.~.t ~
~ i : ~ i . ' ,to snQee or permit ~ny violwtioa ther+eof. ; ; ~ ` . s.
9. It Mortg:gor taila b~sy aqy c1s+m. lien or enaumbraaoe wLiah is euperior to tLis mortga~ge„ or. ~vhen due. aay ta~ or s: f i: f•`
~ti aoe~sment or insur~?c?oe premiwn, or to keep the premises in repair. or shall eommit or ~ermit waste. or it there be eommenced t:,
L', any aation or p
r
o o e e d i n g a l Ceating We premises or t he ti t~
e t heteto. ino
la d i n
u. b
ot aot limited t
o. emiaest domain ~nd bankru~? t
o
y ''t
a reorganizstion p r
o o e e d~'
gs, t
hen Mortga~g~ee at ite option. uyyp~y said o
l
a ~ m. lien, enoumM~anas. tas, assessment or premium, :
f: f:; t, r; wi L
h r
i
g
ht o
t sn b
r
o
g stion t
h~reun
der. me? m a
ke su
a
h rep~irs w
d t a
k
e stt
a
h steps as if deemi ~dvuable topr~vent or eure snob r
i z:;'% i~: waute. aad m+4Y i?PPesr in aay suah aeeion or p~+ooeeding und rat:in oounsel Werein, snd Wce suoh wotion eh~ein as MortBagee ~
+ ~ deema advisable. and for any ot ssid pnrpoaes Mortg~g~ee ma~y advmce snah sum~ o[ mone~. inetudiug sll oosta. reasaaab~e. ;~i t, j;;~.
s:'.-' ~ltorney's fees sad other items of ezpenee a~ it deems neoessarq. Mortga~ee sball be lha sole ~udge ot the legality. vulidity and y~;~:.: ~
t ~ s J~: pnonty oi any suah o4~im. liea. enoumbranoe, ta:, aasesament and prewum, and d the amonn! neoessarp to be paid in satie- s
~~i i
r
a t i
o
n W
e
r e o
t. M
o
rtgegee s
h a
l l n
o t b e h
e
t
d a
o o o
u
n t
a
b
l
e f
o
r a ny delay i a making aa,q su
o h pa,yment, w
r
h i
e
h del~y may resnlt in ~ c'
.~k y 4 l~ 1, t i~
j~ 8
d f~ 1 t
1 0~ l
A~[~ S t
y O 0 9 t
i. O
b~
T
g
B B O
Z' ~ E
i!!
1 9 0~ 6
1' r Y 1
9 B. _ - • t~ t~ j i _
L~. +~i 10. Mortgagor ~vill psy to Mortgagee. immediatelq and ~rithoui demsnd. ail swns ot money i?dvanoed by Mortgagee pnrsuaat t i'~~ ~ t'
r,:, ; to Wia mortgage. including all oosts, reuaonable ~ttorn 's fee~ and ocher items d ezpeose. tog~etber w~itb intereat on eaob aueh 1~;`~
1~ eY
t,;:: dvaaoement aL We nte d Een per oeaL. (10%) Per wnum. ~nd all suoh snms and interest thereon shal! be ~eoured herebY. t:~;-.;~•
' 11. AU sums ot money seenred hereby sh~il bs paysWe ~rithoat any relie~ whabver trom any valw?fion or appraisement L~rc. : r. i~:;. ~
. 12. It defanlt be made in pwqment ot any inatallment d principal or interest d said note or an ~
pert the[~eo[ w~ea dne„ or • : ~ . : ~ :
t~ n
c, z• in psymea ~rhen due. d ony ocher wm seanred hereby. or in pertormsnoe d aa o[ Mor s obligstions. oovensuL or i~ `
l a~reementa ~r~nder. sll ot t~e indebtednees seoured hereby shiJl beoome aad be i~mmedia due and p~yabfe s~ the optioa j~ f:''. .
~'t t•, o[ M~rtguBee. ~rithoat notioe or demand whieh are hereby ~presal~r waived, in wbiah event Mortgag~ee may ara~ iteelf ot. . c s~'::•.
a
~ sll ri~hta aud remedies. at Lw or in equity ~nd this mortgage ma,y be toreolased with all ri~hts snd remedies stCorded by the
bws o
t F
lori
d a ~a
d Mor t
g a g
o
r s
h a
U p~y a
~
l oos t
a. a
h a
r
g
e s w
d espensbs t
4 e
r
e o i. i a
o
ln
d i a
g a nasona
b
le wttorn e
y's fee. ° t
=t . 13 It defsult be m~de in p~yment. when dne, of aa,y indebtednese seoured hereby, ~ in pertormwoe d any of Moctgag~ot's ' t=' . t ' ~
t • ; • , ~ ' oblieatioae. oovenaata or ~greaments
berennder. ~ ` ~ ~ ; >
~ ` (a) Mortga~g~es is wthorized Rt ~ny time. wit6out notiee. in ib sole discretion to enter upon and 4ke poaeusion o[ i'
` the preaiises or aay p~tt thereof to per[orm wy aots Morigag~e~ deems or , i`
~ 1 i: ~ Q~'Y P~Per b eonserve the eeaurity and b,' ~•.1 .
r,~ t r e~lleat ~ad reoeive ~11 renta. issues and pro8ta thereot. inolu 'md
_g those past dne as well a+o tho~e aooruing Lh~tter. wnd ~ t-`
. t~.. (b) Mortgagee aLail be entitlal. as a maitee ot strio~ righ~ a?d without reeard to the vdne or oooupsuoy d the seanrity.~~' ~
to have s eeveiver aPPou+ted to eater npon aad Wcepossessioa ot the Pnemises, ool~ot the rents aad proats there[rom sad ~?DP~Y. ~ i`~. : t_' ;
s~ ~~6 siQle if f~16 OOIIl~ fIlay direo~ sueh reoeiver b bsve a!1 the r
i ghts and p ow e
i s p e
r
m i t t
e d u n
d e r t
h
e l a
~ r s a t F
l
e ri d w. .
: t; In eit6er sucsh oaee Mortga~ee or t~he reeeiver map aLro U~1ce po~esion of. and for ~hese purpo~es ore, aay ~nd all personal .
'ji p
r
o
p e e t~ o o
n t a n e d i n t
b e p r
e
m i
s
e s a
a
d u s e d by M o
r t~ a g
o
r i n t 6 e r
e n t
a
l o
r l
e~.
i n g t
h
e r
e o
t o
r a n
y p
a r t t
h
e
e+ e o
t. T h
e e
z
p e
n
e
e .
a~ ; ~,(inc
lui~ng reoeiver'a tee~, ooansel teea, eosfs s n
d ag~e~ni s oompeosstion) inourred purswnt to ~.he pa~rers herein eoatained ahall ~ i=~
: i~ b e see u r~ d h
e
r
a
by. M~ s
h~ l l (
a lter pRymen t a t ~
1 1 oosta an
d espenses ioan r r
e d) aPPl,
y weh rents, iasuee a~nd proflta .
' t reoeiv
e d b
y i t on t
h
e i n
d e
b nees s e o
u r
e d hee~e
by in s
u
o
h r
der as Mortga~ee determine~. Ther~
h~ b entee and t~ke poseerdon
of said proPert . to msn~g~e and operate ehe wn0. and to oolleeL the reats, issues and~o
Sts thereot. ~rheWer by ~ receiver or ,
y~' r~;;~ . otherwise~ shal~be eumulative b any ~othee right or e~emedy hereundee or aRorded b
y 4w, wd m~y bs e:ereised eoneurrentt~ i=;` i :
• ~ t h
e e~
e
w i W o r i n
d
e
p e n
d
e
a l(
y? t
L
e
~
e e o f. M
o r t
g~
e
i e a 6 a l i i~ e W?
b
b t
o ~?eooua
t o
n~
y for sa
o
h ren t~. i s
u
e s s a
d pru sfs ae w a
l l
y reoeir
e d
~ ~ ~ : . ' ~r ' _ ~ b~ Mort~a~es. . , . . ; ~ , .
! ~
~ ' ` R ~ r i • ~ ' . . ~ . ~ ' ' ' . ~ ' • ~ , f ' , .
~f~ t~ ~ ~ l,
~1=f~ ~ . • " ~ • , ;
tl lc; ~ ' ` . ' . • , ~t
t~~'ti ~it~'~ - . . ~ ' . ' t~~V e
~ L . ~ ` . . ~ ~ ~ ' , ` = Ra''1~ ~ i~ . .
f, • . ~y _ . ~'i r' . J r f~~ f', '~r '+r~ ' .
_ ___.s ~ - ~ . ~ .