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Home My WebLink About2797 .++-a.(I- +v..ti+4t • ~,VS•.~Aey r ~.w: Y1~~~. ! ~1~~ v:. f.ti(~ r .h~S'. :.ad ~~.~raa~ ~ ~ - _ - - _ a ~ ~i~ _ _ ' _ - . 3 ~ \ J • • r ~ s~,`t ~l ~ rt ~ -~w~A? , . ~ f , at aB l11~ILip~oea Yit~ ~jli~lt~~? ED ~1b[ 11pCw1~ ~lo~C~„oa~ MI~ le~?j0~? Mid ~~1d ~~~lrOA ~t~Odl th~tt~ w~l n~~wrch ivethe~ ~ to pa~feot tbs Ea ~npls titM e~ a~d Lad b d~o As~a,~ticn ~s m~r e~eaoorWp be requi~d; aad d~t tbry do barebp fnIIp w~rrrnt d~e titis ~s aid l~c?d and wiil defa~d tbs aams asaiast tl~e Lwf~l ~ af all pa~~ow wbomsoev~ar. ~ PAOVIDED ALWAYS tl~t if tbe b! ~ ~,.u .~n ,~a auh? ~,r ~ ~ roa~~ ~a by tl,~at ce~in pnounissory aooe, aE ev~es d~s~ar~w~ a~ds by the Matg+?~ors ~nd PaY~hle to thc Asaociacioa, in che pdnefhal ~ ~ ---.--.--.---~~..~~t_.~QV~rt~a..FrSr.~_~rvrrr~~~.~~.x~1iQO n~~n c: - --~.-~oo..o.Q ~ w~ich taea, togattju with intcrt~t d~eroon as t~erein sjx+ctfied, is payabk fn moathty imclalhnents of~ ` ._._._--------..._.._FIFTY-EIGHT AND NO(_100 -,----_---.-_---_____.Dollsis 58..QO.w~... ) , ~.---sat~?.-------aAy ~ ~g ~ct,....__._..__..w..___......~~1 R,....~~..~._...~._ ~ ~r~ ~re to be u~ed, f3rn to iaterest, and tbe bvanoe to priodpwl~ unti! taid badeb~ it paid in fuU~ ~nd dWl petinrm„ oom~j? with and a by cach and every dre saipu4tiaas, agrecweaatr, oaoditiaar end cov~enanb of taici pe~omissoty note ~nd t7~s ~80. inc~nding nuy advano~ made by tLe Aa~ocWtiar to the Matgagcxs, ar tl~eir xuoces~ars in tid~, far ~ny p~, at any tinne befas+e the rrk+sse s~nd canoellat[on of this anortgage, but at rw time :hall thb mortgage secure ~dvanoes aa stccour?t . of said originai a~te together wirh auzh ~idHtional advances in a sum ~r,~ ea«~s af__.._.SEVEN THOUSAND FIVE HUNDRED_AND_NOj100_ w'- 500u0U__.). ~ ,,,,y ~~„a, ~ry ~ to protect the security and costs, thcn tbi~ deed snd the ~ tstate hereby cx+eated shall ce~~ and be null aAd wid. AND THE MOATGACQRS DO hereby aiveaant anci sgree: , 1. To pay atl aad singutar t6e principe u?d intenst wnd other :ums of money payabk by virh~a of ~wid pcomiseory? rwbc and this m~tgage, or eitt~r, prompcly on t2~ daYs resP~ctiv~lY the ssnae seva~lly~ onma due, ' 2. To pay au and si~,gutar ctie taxes, ~ne~ts, ks,?ies, Iiabilities, oWigxtions and incumbrances of every nacuce wd ldnd rww oa said desanibed P~'P'~Y. or that hereak~ uiay ba im~, sufEered,~aoed, levied„ or a~sessed ti~eom, ar that hereaher . may ba levied ar assessed upon tbis Mortgrge, ~ tt~ inde tss hereby, each and every, w1~en due and payabk, aooo~ding to law, befora tbey bec.ome delin~uent, and before any interest attachea or any ~na1ty b h~curred; snd insofar as any ther~eof ia of re~or3 tha same shall be pcnmptty satisfied snd discharged af reou,d and tt~c orig[nal af~clal documettt (~sch aa, for ~ce, d~e tax raae;pt ar the a~tlsEaction paper offidally endorsed os oertified) shall ba placeti in t~e bancL of said Asaoci~tioa ru Mortgagee within tea da~ ne:t aker payment; and in tbe gvent that ac?y tbereof is tiot p4id, satisfied ond dischasged, said Association muy nt any time pay the same or any part thereof without waiving or affecting any option, lien, a1uity ac ri~ht ' under or by virtue of this Mortgs~ge, nr?d the full amount of each aod every such p~ayment shaA be immed~tely due sndpe yabk aad :hall bear fnbe~st from the date thereof nnql paid at the rate atated in the note secural hereby and together with such inter- ' est shall be ~d by the lien of this Mortgage, 3. To keep the buildings and all equipmen~ and personal prapeity now ar hexeafter on s+~id p~emisea covc~red by this mortgage. iniured in a sum equal to at least the amount of the mortga~e~ a an amount se~ffieiant ta coanpl wjth uny co-insur- ~oe requiremeat coveiing tbe same under the Iaws of the State of F'lorida, covering bu frc~m bath fire ~ storm, maldng the bss under said poticfes~ curh ana e+very, P'ayable to tha Assod~tian, as mortgagee, s?s ib interest may appear, and said iasurance shall be ~ a good and responsible insurance company satisfactory to said Associaticm, and written by a respa~ bb locml a~nt satisfstctory to said Associat;on; and the poliey or policies shall bear a standsrd Ynortgage cisuse without contributian,~~ and, in the event any sum of maney beeamespa yable tm~er such policy or palicies~ ihe Assoeiation shall have oghon to receive and spply the same on account of the indebtedness }iereby secured, or to permit the m~ortgagors ta receive and use it, or any part thereof, for otkcr purposes, without thereby waiving or impairing s~ny equity, Iien, or n'ght under ;uid by virtue oE this mortgage, and inay place and pay foe such insurance, or any part thereof, without waiving or affecting its opNon to forecIose, ar any right hereunder, and the full amount of each and every such payment sh~ll be immediately due and . payable and shall bear interest from t~ date th~reof until paid at the rate stated in tt,a note secured hereby and togethEr with such interest shall be secured by the Iien oE ;this Martgage. 4. To permit, commit, or suffer no waste, imp~irment or deteriacation of said p~operty, ar any p~axt there~of~ and upaa the fnilure af the mortgngors to keep t}w buildiags on said moperty in good coadition of repair, the Association may demand th~e immediAte repair of said buildings or t}~ immediate repayment of the debt hereby sejcur~d, and the fai~ure oE the mortgagors to oomp}y with said demand oE thc Asxociation faar a period of Thirty {3~p) days, shall eanstitute a breach of tbas mortgage, and, at tho aptican of tbe Association, imrnediately mature tha entire amoant of p~incipal a~d intereat hrreby secured, and d~e . Assoriatian, ~immediatety and without notice, may institute proceedin;s to foreclose this mortgage and apply for the appointament of a lteceiver~ as hereinafter provided, 5. T'his mrntgago cantrac.~t provides for addition~?I advances which may be made at tbo option of tlm assocaatio~ and secuaed by this nwrtgagq and ii is agrecd that in the event of surh advancea tLe amount may be added to the mo~tgage debt w~d s~all iACr+eaae tha un~raid b~?lance of tho x~ota hereby s~acured by the amou~t a~ ~uch Advan~~ aad shall bo a pnrt o~ s~ld note indebtedness under all the terms oF said note and this contract as fully as if ~ new such note and canaact were executcd • and deliver~ed. M udditi~a[ ndvance agree~nent may be given and sacepbed f~ wch adv~noe and provision m~y be made for ~ ciiffe~r+ent monthly puyments ~nd a differrnt interest rat~ and other modifications of the contract, but in all ather respecta ifiis conGract sha11 remain in full force and eEfect as to said indebte~, includfng all advar~cea. 8. lf any of the sums af mnney ?~eretn referred to be aot prompt}y And EuTly paid within °['hirty (3~) days next after e th~e sw~ne severally come due and payabk, or if ~ech au~d every the ati t~s, aSreerr~nt, ooadi~iona. and covenunh af saici proa~orp note and thi: deed, oc eitber, are ~t dulY perfa~med, c~m with and aMded by, the aggr~agata sum mantioaed in raid p~sor~+ rwte s?nd sny atb~r aauaunt ar unw~nts added to tbe mostgnga indebtedness uudei° the tenna of this uartg,age ~ bsoaars due and p~yab,s forthwkl? a chere~ker at th~s optioa of tbs Mno~ciarina, u fully and oompkte~? u if ~aW aggrogrtm ~n o~f ~~aoney w~s originally ~tipulatcd to 6e p4id o~. surh day, anything in saie~ pramisxosy note or t~ co the oaatrary rwt- & 7. To dciiv~er to the Associstba, on or before March 15th, of eRCb yeur, ta~c receipb evideodng ttsa paysnent of ~ati law- !uily imposed taxcs far t~e Pcecedio8 c~kd~daryear; oo deiiver to the Assoristia~ raxipb evldencin~ g the pynoa~t oE aD liems for pubik im ts within niuety (80) days aker the ~me s~wU ~ooane d~ and p4yable, and to par or di~harge vi?Itbin ~ nmetY (80) ys after due dtate, anr and aU governm~tsl loviea that may be nwde on tl~e moctgaged property, on thia ~rtgage or rwt~, ar in ~ny ather w~?y resulting from the ma~cg~ge indebted?~es~ secured by thia mortg~tge. ~ - '~OOK~~~f . ~ Q ~ _ ~