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Home My WebLink About2789 ? ~F~1:~ L. tiV1•.'MaI'YYWS'iM i ! ~i~•- T~~.~ , " ~ . 1 , T •~;~1 : , . ~ ~ .e .n m~es .oa qu1a~? a~ar u~oO, ~.a~aup~? ~ ~r .ua wra; tMt ,a~ia ~.na b ~e .~p ~ae.: . th~t w~ao~ke~~uch Eu~r awtt+~wa 1~ pe~eat ebs fa dmpis tkls ed aid l~ad ~a dre A~+ociatid~o? as wy re~tot+~Wy 6e h ~~~apd~ do Lereb~r fWh' ~n~nt drs tlds bo ~ajd hnd ~ad vvql deEead d~s a~me xaatast tbe fawhil cLi~t of PYIOVIDBD ALWAYS that if the M sgas ~ll w~ell aid tn~ly P~y ~Ca the As~ociatfoa, tLe indebtedne~t evWa~oed by tlwt cem?io p~oa~ao~y noee. of ev~ac? date~eravvidi, n~cis by the Mac~gaguxs u~d p~yabb to t},e As+ochtioa, ia the princ,ipsl ~un o~ _.._.S~3Tk~1..T~~.?~.I~A?~C2._FIVE_I3.TIIY~RF.~2.A1~iD.NR~IQQ._---~-.----.. nott~n .._..7,.500_._QQ ~ which notc, ta~gether with ini+errest thetoa~ as tberein specified, is payabb in moathlY instxllm~?b of ~ _..r__..----------------•------------------------- FLF'TY-EIGH'T AND 1~T0 100 N.__~~ t~.58. 00._.- whk3~ b aa cha.~0..t~._..--- a~y of a.~a, maat!? oomm~~g w~ch_...~...__.._~ad~l~~965 P~r~ .~e to be appuva, first to inte~, .na che ba4~e co pr~pai, unat ,va ~deb~a„a~ i~ p.~a in rnn, .na .l~n pecfaraa. aampy with ~und abide by each and evary die tioa~~ agreanranta~ oonditiaes and coveaanb of said praa?4tOr~? no~e rurd tbi: ~8A60. ~~~8 twy Rdvance~ ~by tlw As'orlattoa to tba Mottgagors, or t6eir ~ in titin, for nur pucpaae, at any tlme bci~e the rrkaae ~nd ~ro~latjon of this matgage, but at no time shaIa. thii m~tgage secure ~dvanoes oa aocount . af said original twte together with such additiixul advanc~a in a sum in ezoes~ of.__~S.E.'~El~I...TH~? ------.FIYE_.HZJNDRED AND_NO~100_-_~----=-=---"--,--~ (a----7~500.00----). pj~ .ny advances necessary ta protect the sccurity and costs~ tben t2us deed aad tbe estate hereby cre~tcd sha11 cease and be aoil and vaid. AND THE MORT`GAGORS DO bereby cvvenant and wgne: . 1. To pey all and sfngul~r the prin~cipal and inta~at a~nd other rum: of a?nneY p~'Yable by virtue of ~aid ~Inory? nabe and tLis matgage, or eithes, Pr~mP~lY on the days respecbively tbe aame sev~exally c~oa~e due. . To pay nll and singular the tuces, a~nta, leviea, liabiHtidt, ohligat3Qas and incumbranc~ of every r~ture a~rd kind naw o~r said d~rlibed property, ar that herexfter mAy ba im op aed, au~ffer~d, oed, le~+~edr ar~sseued tbereoa, or tbat ber+takes may be kvied or assessed upoa t6is Matg~ga, or tbe indebtedness bertby, cach and every, whcn dne xnd pa bk, r xn ~ocording to law, before they bacome deW?quent, and befora any interest attadks or any pwaky ~ incurred; nnd at ainy tt?rreaf is of re~ord tha same shall be PmmP~IY s~tisfied and discharged of reoord and the ariginai official docvment (s~ch . as, for inatanea, the ta~c rertipt ar the aatisfaetion paper offic~tally enrlorsed or certlKed ) shall be pLuedd in tbe }~nds o# said ' Associatiaa as Martgagee withfin tea days neit after payment; nnd in the event that aay thereof ia not paid, ~atisfied ond di~charged, said Assaeiation muy ut any time pay the same or any part thereof without waivin~ ar affectLg ~?ny option, lien, equity or right ' under or by virtue of this Martgage, snd tl~ full a~wunt af each and every su~eh p~ytnent shaU be immediately due andpa yabk and sball bear iuberest from thc date thereof until gaid at the rate stated in the note tecured bereby and together with sach inter- est shull be secured by tbe lien of ihis Martgage, 3. To keep the buitc~ings and ~ equipmer?t BACi ~CXSdiI~ ~O~Y flOW O[ I~CCCAEtEC OA iA1d ~ISES IXWClCt~ t}ILS ri10~gAgC~ insared in a sum equa! to at 3east the amount of the mortgage, or an amo~t sufficient t~o oomp~y with au~y co-insur- xnce sequiremes~t covering the same under the lawa of the 5tata of Fbrida, covering bss frrm both firo si~ stonn, maidag the loss under suid policies, cach ared every~ 1sa7~able to the Ass~ociation, as m~rtgngee, as its faterat msy app~ar, and said insurance shali be in a good aad responsIble insurance company saiisfactory to said Association, and wtitte~ by a po~si 1oca1 a ent satisfactory to sa3d ,~ssociation; and the poliry or policies shall bear a standard martgage clause without ean~hibuti~ e]~c ~ and, in the event any aum oE money becomespe yable under such policy or poticies, the Association shalt have option to receive aad apPly the s+ame on account of the . indebtedness hrreby securerl, ar to permit t}~e mostgagors M receive and use it, or any paet th~reof, for otker purposes, vritbou# thereby waiving or •impai:inng stny equity, liea, or right under :u~d by virtu~ of thiS mortgaga, and may place and pay for such ir,suranoe~ or any part thereaf, without waiving or affe.cting its option to foreclose, or any rig6t hereunder~ and the full amaunc of each and evary such payment shall be immediately due and . payable and shall bear interest from the date thereaf until paid at the rate rtaied in tt.e note secured hereby and together wikh such interest shall be secured by t~ lien of ,this Mortgage. ' Tope t, commit, or aulEEer nu waste, impaixment or deteriaratian of sra~kd propecty, or any psrt thereof, e~nd upon the failuro of the mortgagors to kcep the buildings on said pr~pErty in good condition of repaiz, tbe Association may demand the imme~iate repair oE said buildings or the immediate repaymmt of the debt herebr soeured, and ttye failure of the mortgagon to compl with said demand of the AssoGis?tan for a peric+d of Thirty (30) daya, shaU coostituta a breaeh of this martgsge, i aad, at optioa of the Association, immediutely mature the entire amoimt af p~ineips~l ar~d iaterest hereby serured, und tbe Associatien, immediate}y and without aotice, may institute proceedi~gs to foreciose this mortgage and apply £or the appointment of a Receivrr, as bereir~after ~ovidecl. 5. "I'hia mortgage ca~tract providea for additional advances which may be made at tb8 option of the a~aociati~n aa~d sec~rcd by thi~ rnortgage,, and it is agreed that in the eveut of such advs?nces t6e amouat may be added M the ma~tgage debt and s6aU increa~a the un~aid baianae o# the note hereby secured by the amawr,t of such advanee and sbaA be s~mrt o~ aaid note lndebzednes~ undtr all the terms of said note and this c~trs?ct as fully aa if a ne~w such note aad contract were executed ~ and de~ivered. M addi4ioc~al advance agreernent usay be given and actixpted for ~uch advance and provisfosi u~ay be made for clifferent monthly paymenb and a differtnt interes~t rate and other expr~s atodifieatioas of the canri~et~ but in ~u other ~espects ~ ~his conhact ~hall remain in full force and effect as to satd indebtedne~, including all advan~, A. If ~ay ol the aurn: of anoe~ey berein r~trred to be bat P~1~Y P~ ~h' l~) ~Y~ ~xt ~fter ~a saane aeverally conne dve aad paysble, oe if eaeh and avery the stipu~tia~a. a$r~meni, cona.i~on:, ~d oovenanta of said p~vanisaor~? u~e au.. thia doed, or eitl~as, ue nat duly p~faanmed, complied with aad AbWed by, t6e aggr+egAte snm radenticned ~ fn satd promissory note and an}? otlier amour~ a amounb added to tbe m~tgage Indebtedt?ac uader t~e teraa af thi: ~taortgage shrll beoome due Rad payabb fortbv~ ar thc:+esfter at the optiou of tbe Associittfo:t~ ae fuUp an~l oompietaly ~s if tdd ~ggregate withdandm~ was aigjnally sti~ulated to ba poid on suc~ cLy, anything ~r? s~d prna~iascxy note or herein w tbe eo~hary not- & 7. Ta deltver to tbe Association. oa ac 6ef~e Mareh 15th, of each yeau, ta~c e~oeipb evidaociag the paymait of ~all Iaw- Eullp im taxea Eor t~ prec~edin~ c~l~ndar Yeu; to deliver to the As~roriatioai reoeipb ~g tba of ait lians 1~Y~ " for improvemenb within nl~ety (90) day~ aEte~ tbe ma?e st~i becoano ciue a~sd payabk~ aod to pay ar d~?arg# witbin r~r (90) d~r after due ds?te, any aad all gnve~l bvks tbat may be tn~de aa tbo mortgaged propetty, on this mortgage or riote, ar in any other way resulting from thc martg~ge indebtair?ess ~ecured by this mortgaga ~ '~UD1I~~ I • . _ ; ~ 0 - - ~