HomeMy WebLinkAbout1668 Y •.~w »J a J~r - ~ - ' - ~4~/
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• Aad ~all ~b. D~4 ~~1b P~~. d~~~+.' ~oa. ~tt~et. aoaap~a. eompl~ wlth aad abld~ b~ Neb
~?d ~~ar~ th~ ~tipuiattoai, a~twa~ab~ eonditi~ aad eo~aant~ o! nW p~or~ ~ snd o! !b!t tnorts~. tLsa
tLL mwrtia~ sod t~ ~slaM 1~b~r etrat~d shall e~w and b~ nall and ~o~. .
And t~_ Yo~~o: eonasnb and ~re~s tA~ ~ad with tb~ Yort~~ a~ tollowa:
1. To ya~ t~ ptindpal and inb~rest atid t~ ~atiow and snndr~ ~nms oi iaone~ pqable D~ ~irtue oi atd promir
~or~ note snd tbir mo~a~s prompRl~ on tbs da7~ ths same beeome dae and Yorts~ar wilt promptl~ peztorm and .
eomply wit!? each and ~~sr~r otMr co~reAant and a~reement in ssid promLwr~? aote and mort,p~e.
~ To py tbs tuM. aa~eamanb. Nrtes, liabWliea. obligatlons snd ine~mbranca oi evesy nstwre snd lctud now ~
on aid de~eribed propert~. or t~?t 6sreiitat ms~r be impoaed. sufiersd, pLeed. levted or aaeeabed therson, or tl~t
. De:eattar ma~ be levled or a~eaed npon ~ mort~ys or tbs ie~debt~ednea~ ~scurad Dereb~. when das aud WiyaDle ar :
cordia~ _to Lw, befors tbey bs~onas daliaquent~ and bstore :np interest attaehes or uq penslty b incnrnd. and insofar
as sny thsreof Ls oi rscord the ssm~ ~all be promptl7 atistied snd diachasged oi recoid snd the origi~ otiicisl ~
document avidencia~ weh atiafaction aad disehae~e ahall be pLeed in the band~ ot ssid l[ortgagae within ten days r.e.~ct
aiLsr pqmen~ TLe covenRnb and agraement~ in tbi~ Dar~?tc~aPh shall not be applicabls to the tazes and aseessmer:s
~rbich ars to be paid ont ot tbe innds depaaital with t6e ldortgagee naleas he~einaiter ~et lortb. As to tues levied or
aseessed npoa this mortgaae or tbe indebtednas secnred kereb7. tbe Yo:tgsgnr shall be required to pa~ only ~o mucD
oi sach ta~tea for tha Mortgsgee ~vhic2y whtn added to !be otAes pqmenta ot intsreat reqnired herennder or Dy the
Note it ~ecun~ wiU not exceed t]?e masimwn legal rate o! intereet tLen in eitect in tl~e Stuta oi Florids.
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8. To Icaep the impro~emenb now ezisttng or hareatter erected on the mortgaaed properiy insured ~gainst loas by
~ lIrs and other h~ards, casualtiea and oontingencIe~ inclnding war dunsg~e whenever reqnired by the Mortaagae, in '
' ~ueli amoants and ior snch perlods as may be reqnired .b~ Mo:tgagee. All insnrance ~hall be csrrled in comp~wwies ~
spproved b~ l[ortgagee and tbs policiea and renewals t6ereot s6~U be betd b~ l[ortg~ea and bsvs attaehed tbereto '
~tandard nartgages claaeea in iavor o! and in iorm aooeptabk to- tbe l[ortgagea In avent oi loas Mortgaaor will
sIvs immediste notlcs by mail to Yortaagee; aad l[ortgag~ee may mal~e prooi oi lo~s if nat made promptly by
Yortgagor. and- each tawraaos eompan~ eoneeraed is be~reby snthori~d and directed to mske p~?yment for snch loss ~
directl~ to l[ortgases iAStea~d o! to I[osfgagor snd l[ortgagee f
ointl~, and the insurmee praxed~, or any put thers-
of. msy be applied by ~ortgagae at it~ option eitbes to the rednetion oi tha indebtsdneas hereby ~ecwred or to the
natoration or repair ot tDe property damaged. Ia nv~ent oi foreclosnra oi thia raostgags or other transter of titie W
tbe mortgagcd praperty in eitingniabment oi the indebtedness secnred bereby, dl right, tltle and iatereat of t~?e Hort-
gagor in and to any inanranee poticiea then in foroa ehtD pase to the pu:rbaser or grantse. .
4. To pernuk commit, or sniter no wa~te, impairment or deterlontion oi ssid properl~ or an~ part tl~sreof. In
the event oi the failnre oi the l[ortgagor to keep tl~e bniidings on asid ptbmisea aad thoes to be erected on eRid premises„
or improvemenb thereon, in good npair. the Mortgages m~y msta auch repain ~s ia hi~ disc:etioa Ls may deem i
neceasary ior ths proper preservation tbereoi snd ths tall amovnt oi e~ch and every snch paymeat tball bs immedi-
ately dns ~nd psysble, and shall be sacnred by tbe Hen oi tbis mortga~e.
6. To pay al2 aad a~ngalu tbe coab, cbargea and eipensaa, inclndins reasonable attosna~i iea; eoat oi abstraets
ot tltle and title seae+cba incnn+ed or paid at any tims b~ tDe Mo:tga~ee beeanrs oi tLa idlute on ths part oi tha I[orE~
pgor promptl~ and inll~ to perlorm tbs agreements and oo~snanta oi sdd nate aad tbis mort~age, snd eafd ooata,
ebaig~es and erperues aliall be immedistaly doe snd payable and aLsl! be secnrsd b~ ths lian of this mortgaga, and snch .
azp~nditarea aball dnw intenat at ths r~te•oi eight per oentnm pss aanum. _
6. Thst (a) in tbe avnnt oi any breach oi this mortgage ot' detanlt on the part oi tbs f[ortgagor, or (b) in ±
the eveat the said sams oi money herein reterrsd to bs not promptly and inlb paid withau~t demand or notiee, or (e) in }
tbs svent ths stipn4tions, agreements, conditioiis snd eovenanb oi sstd note sad tl~ mortga~a are not daly. promptly. }
and ially pertormed. then in eiti~es or any snch avent, tl~e aaid aggregate som mu?tioned in said nots t~ea ~ng ~
nnpaid. ~vith intareat acerued to tbat time. and all moneys secared hereb~, sbal! beeome dne aAd psysbin iorFhwith, 3
or thereaiter, st tbe optlon o! said l[ortgagae, as iullY and eompletely as ii all oi tha said sam~ oi money were ~
osiginally sl3pulsbed to be paid on anch day. saything in aaid note or in this mortgage bo tbs contrary notwitbstanding •
~ _ and therenpon or tLeresiter. st tbe option ot said l[ortgagee, withont notice or demand, antt st hw or in eqnity ms~ 1
be proaecnted as it sll moneqs secnred he:eby bad mata=+ed prio= to its institution,
7. The Mortga,gee msy, st ~nytime wh~e s anit is ~ending to forecloas or to refosm tbis mortgage, or to enforce
any elaims uising herennder, apply to tbe conrt hsving jar(adtction thereot tor the appointment oi a r~ceiver, and
snch court ahall torthwitle aPpoint s receives o! the pramisea and all ot6er propert~ eovered hereby, inclnding all and
singnlar the ineome, profita, reuta, iasnea and revennea irom ahatever wnree derived, snd sneh receiver shsll bsve aII
the broad and eifective innctions and powers in snywLe entr~sted by conrt to s recaive~, and snch sppointment shsll
ba msde by sach conrt as an admitted eqaity snd s matter oi :beolnbe right to. aaid Yortgsgee, and ~vithont reterence
to tLe adeqwe~ or inadequ~ey ot the valns oi tt~e property mostgag~d or to tbs solvency or iaaolveacy of said Mostgr ~
g~os or the defendants, and saeh ineome, profib. renta, iasaea aad revenaes a1~sII ba applled by mch reoeiver according :
to the lien oi this moztgage aad the prartiee of wch court. _ ~
8. Tbe l[ortgsgor ~rill give immedtate notloe by mdl to tlie Mortgagee of wy eonveysnce, ttsn~fer or chsnge
oi owneiship oi the premises os any property covered hereby.
9. I! the ldortgaaor detanlti in aay oi L6s eovena~rb oz agreeanenb eont:ined berem or in ~si8 note, then tbs
ldortgagee msy pertorm the same, snd sll snch espenditana made by tha Yort~agee, inclndias ~ reasonsble attorney'a
lee, in w doing eLall draar interest at the sate of eight Pa centnm psr annnm and shaU bs rePsYable immedistety
_ ~nd withont demand, and a1I aaeh e:penditures sbsU be ~eeursd b~ tbe Iien ot tbis mo~a~e. -
10. Tbat no w?sivsr of an~ ooveaant herein or oi the obliaatton ~ecnred Dereb~ sball ~t any time tberesiter be
~Id to b~ ~~rai.~r oi t]~ t~rmr h~o! or oi t~ not~ Neur~d lwrb7.
1L T6at the msilina oi a wrttten notlee or damsnd iddressed to tLs owner oi recora ot t}ie mortgag~ed premiess,
or direeted ta the s~tid owaer at tbs W~t ~ddrw aetnall~ lnraished to ths l[ortsases, or directed to ssid ownes at aid
nwrt~aged premi~es, and msited b~ tbe Uaited Statar mstls. ahall be snilIcisnt notke and demuid in an~ p~s atldns
aadar tbb in~tsaneent and r~quired b~ t1~ p~+nddons L~ssoi or b~ Lw
1L T6at in ordes mors iall~ to psoteet tbs ~eenrft~ of tids mortgase. tLs Yo~rtaa~or, togetbsr wttb ~ad !n add[-
tloa to tlis montbl~ ~s~meat~ nnder ths tarms oi tbs aote ~eenred bereb~. on t1~s ilrst dsy ot each montb and m~tll said
note is in1t~ paid, absll ps~ to tbs l[o~~se, aa indaitment oi tbe tases and aa~enmsnb nsst to becom~ dns aaahnt
tLe mortsa~sd premiies, snd an installment of premium~ ns:t to beeoms das on insnraace polkka reqni~ed b~ ths Yortr
~~'M. SIIth Ini~ilAd ~I b! lQOiI !~lt~ill~ t0 WCII bIl~` iild ~!~lDtf ilid ~NriRM pI'lID~II~ ~U
mated b~ tLs l[ortasg~r, le~s all sum~ atresd~ patd tbe~+eoa, di~Wed by tbs nnmbar of montlr tbat ar~ to elsp~s bstor~
oiw montb peioz to the date when anch t~ses sad aae~emsnb snd insusaaes ptrmoiam~ wW ~ dne. SaW insbll-
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