HomeMy WebLinkAbout0168 Ar?d ~aM AAorty+~Qon, fa thems~lwi and rMir Min, Ipal r~p.~atire~. ~ucc~~~ u?d ~ulyn~. Iwr~by ~aiMly and NvN+lly COV~Mnt 1f1d 1q/M
ro•nd wNh tM uid MORTGAGEE, in ~ucc•uws ~nd ~uiqe~:
1. To p~y alt and ~irpulu fM prirKip~l and i~tK~~t ~nd tl?~ varia» ~nd ~ur+dry ~wm of ma+~y payabl~ by virtw of said p~omi~sory noh. ~nd thM
mortqas~, ~~ch ~nd swry, promptly on tM days r~specriv~ly th~ urrN ssw?ally b~cnrM dve.
To pay ~II M+d ~inyul~r tFa f~xr~. ~ss~arrwn». I~vin, IisbilitK~, obii~~ti~a ~nd ~ncwnbr~nas af ~wry n~tv+~ +nd kind now o~ ufd dacrit»d
WoptrtY, w th~t h~rNh~~ m~y b~ i~npw~d, wff~r~d, p~at~d. I~visd, or ~~sswd tM?~on. w/Mt F~»~ftar may lor levi~d w n~~d uPon ti~h Moh~'
, ~q~. a tF» ind~ebtsdn~u s~cund h~?eby, Nth ~nd ~v~ry, wMn dw ~nd p+yabl~, attadinq to I~w, b~fon tMy b~eom~ d~linqwnt, ~rd brfw~ ~ny MtKN~
~ttacMs w any p~nalty i• incurrsd; AND iNSOFAR AS ANY THEREOF 15 Of RECORD iHE SAME SMAII SE PROM1VTlY SATISFIED ANO OISCHARGED OF
RECORD AND THE ORIGIMAI OFFIt1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPI Oit THE SAiISFACTION PAPER C~FIGALLY ENDORSED
OR CERTIFIEO) 5HAI.l 8E PLACED IN THf HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AF7ER PAYMENT, and in th~ 11/~A1 1FNf ~II~/ tF11f10} {t IWl
peid, ~at~sfi~d and discharg~d ~a:d MORTGAGEE may ~t any time p~y th~ sartu or ~ny p~n ther~of without w~ivinq oc sff~ctinq My option, liN+, pvity w
.iqht unda w by virtw of this mortyape and th~ full ~mount of ~~ch and w+ry wth payrn~nt ~hali b~ immed~~t~lv dvs and p~y~b~ •nd aha~~ b~ar int~rqt
, irom th~ dN~ tlwsr~rof until p.:~ ~t r~ts of tiqlN pe? t~ntum p~r •nnum ~nd top~thN with ~uch int~r~ft ~hall be ucur~d by th~ IiM of th:• mayt~pe.
To pl+o~ a~d aontl~uously ks~P on tM bulldlnqs now or ~»~wf+« .nw» o~+ ..a i.~,d .~a o~, .n .~,~~.m «+d ~+~b cor«.a br +M. ~w.~
~q, wNh ~11 promiums M~r~en piid In full, fin Maw~no~ ln tM uwal ~andard polity fam, M~ awn ~pp~owd by th~ ~MORTGAGEE, ~nd wlndstwm
krw~na In 1h~ vaual ~tandard policy fonn. In • wm approv~d by th~ MOItTC.AGEE. In wch comp~ny or wmp~~in M tlw A10RTGAf3EE may
dinc?t ~nd dl fin ~rd w~r~ds?orm Mwr~nw polkNs on ~ny of s~id bu~ldirpr, rny IntNNt tMr~in or p~rt th~r~of, in thr pp~pat~ wm afonn~W or
M~~e tMr~of, dwll ca+t~in tM uwal ~tu~d+rd mortqpN clau~ o~ suth otlw~ clsw~ t!» Mortq~qs~ m+Y nei~i?~, makl~p tM Iws urd~r ~+id po~E
cNa. NCh ~ndewry, WY~bI~ to Ntd 1MORTGAGEE ~s its irtfNwt ~ruy opp~ar, ~nd e~th ~e~d w~ry a~~ch polisy ~hall b~ pro~+ptly ut.yn~d ~nd d~liwnd to
any hdd by wid MORTGAGEE ~s furtMr s~curlry to NId nwr+yap~ debt, ~nd, not I~as than ts~ (10) days In ~dwnu of the ~xpir~tion of Nch polccy, to dr
(iwr to ~aid lNORTGrAGEE • r~n~w~l th~rwf, tap~~Mr with ~ nc~lpt fw thr pnn+ium of ruch r~n~wal; ~nd th~rs ahall be no fir~ w wind~twm inwr~r+c~
pbnd on ~riy of ~aitl b~ildlnp~, ~~1Y If11HMf 1F1!l~i~ a p~n tl+~rwf, vnl~~s in tM form ~nd with tM bu peyabl~ ~s ~forss+id~ ~nd in the ~wnt ~ny ium
af mo~sy b~comM p~yable undK wch poiky or policie~ seid MORTGAGEE ahalt Mw tM option to r~iw and apply tM sarne en accouM vf t1+~ ind~bt~
nps e~cvnd h~r~by ot to ptrmit ~aid MORTGAGpRS to rrctiw snd us~ It w any part ther~of for other purposes, without theraby w~iving or dmp~ir-
Irq aery puity, lia~ or riyht w+d~r a by virtw of thit matqp~j and in t1w ~v~nt s~id MORTGAGORS sMll for any na~on f~Il to ke~p ti~ uid p?emi~a w
Inwnd, or f~il fo d~livs? promptly ~ny of aid palieN~ of insur~nte to ~aid MdR7GAGEE, o~ fsil promptly to pay fully ~ny prrer+ium t1+K~fw or tn any
n~p~ct f~il b p~rform, di~ch~ry~, ~:~tut~, ~ff~ct, compl~t~, comp~y wfth ~nd ~b!d~ by thi~ cov~nant, or any part Mraof, said MORTGAGfE m~y pt~n and
pay fa such Inwru~t~ or ~~y part thsrwf withouf w~ivlnq ot aff~ctlnp any option, li~n, puity, or riqht und~r a by virtue of this Mort9~q~, ~nd the
~ fvll ~mo~nt of ~aeh and ~wry ~~ch paYm~nt shall b~ imm~dlat~iy dw and p~y~bk ~nd tMll b~~r Internt from t!w dets th~r~of until paid ~t tM nt~ of
niM p~r cw~tum p~r ~n~um ~nd ttrgstfi+er with tuch intersst ~hall b~ i+cured by tM Il~n of fhir mOrtyaq~.
To p~rmit, oommit ot suffer no wat~, Imp~irm~n~ or det~rtontion of ~aid prop~rty a ~~y part tt~erwf.
S. To pay ~I! ind tte~pul~r Nw co~n, charg~s ~nd ~xp~naK, ineludinq ~ re~wnabl~ ~norr+~y`~ f~ ~nd costt of ab~n~cts of tttl~, inevn~d a patd N
~ny ttm~ by wid MORTGAGEE, b~etw~e w in tM wH+t of tM f~llun o~ tM ~.+rt of tM uid MORTGACrOR to duly, promptly +nt! fullY p~rfam, dicchsrpR
~x~cute, etf~tt, complato, comply with ~nd abidt by ~icM+ ~nd ~very tM stipulatiaa, yr~nts, conditiona, +rx! townan~s of seid promi:sory not~ and thii
mortpsp~ ~ny or ~(rl+ar, and said eos». chsrpss and ~xp~nw~. ~ach aRd tV~fY, ~Mli b~ tmm~dist~fy dw a~d piyabl~t w}?etiher w not tfiert b~ notic~ da
mand, ~tt~mpt fo mll~ct w w9t p~ndinq; and ths ful~ •mount of ~ach ~nd wtry ~vth p~yrn~m sMll b~a? finenst from ti» da1~ thsr~of unt{I paid af tht ,
rat~ of ni~ p~r esntvm p~r annum; and all said cosri, charp~n ind expensa~ incvrrsd or p+id, top~thsr with ~vch ln»nst, rhsll b~ atur~d by iht li~n of thu
moH9ay~•
6. TMt (s} In N?~ w~nt of ~ny bn~ch of this Mortq~q~ w dehult o~ ttr p~rt of the NIORTGAGOR, or (b) tn tF+~ ~wnt ~ny of aid wma of mwNy
h~r~{h r~fNred ro k» not promptiy ~nd fully p~id within thirty (30) d~yi rnext ~ft~r th~ urrN ~ever~lly b~com~ du~ ~nd p~yabl~, without dem~nd ~ notics.
o~ (t~ in tM wont ~ath ant! w~ry tFrs ~tipulatiom, spnrrnrnri, conditions and wvenann of satd pra++iaw?Y rwf~ •nd thi~ mortyp~ any w~itMr ~n nol
~uly, promptly ~nd fully p~rfwm~d, dfxhargecl, ~xacut~d, sffect~d, tompl~t~d, complied with and abid~d by, tFxn in oither or •ny svch ~wnt ?M Nid
OrsgN~ Wm m~ntiornd Fn s~id prom+siwy no1~ then nm~inirq unpaid, with im~rast ~euwd, u+d •11 mor»y~ ~ecund h~nby, thail b~cort» du~ ~nd pay-
~b1~ k~rthwith, w thf?Hft~r, ~t tl» option of said MORTGAGEE, a~ fully •nd corropl~t~ly u if al! of tM t~id ~ums of mon~y wtr+ orpinally stipulsted
to b~ pa;d en wch day, anythinp in s~~d promiuory rwt~ a in thi~ Mortpagr to tM conn~ry notwirfistandiny; •nd the?wpon or ths?uhN at tFa option of
~aid MORTGAGEE, without notic~ w dsm~nd, wff ~t I~w a In p~ity, tMr~fw~ a thsr~eh~r bpun, mar b~ prw~cuted ~s if •11 monty~ s~cund lanby
h~d maiw~d prior to 3ti Irotitutan.
7. Th~t in tM tvant thst at tM bpinniny of a ~t ony time pandiny my suit upon thi~ Mortyaqe, or to for~clwe ft, w to reform lt, or to enforp
p~ym~nt af ~ny tlaims htreunder, aid MORTGAGEE thal~ apply to th~ Gouri F+~vinq jurisdiction thtrwf for tM appointment uf • Receiv~r, ~uch Cwrt ~hall
Eorthwith sppoint a rec~iv~r of said mo~tq~yed property all ~nd sinyvl~r, includmq •11 ~nd tinqul~r tM incorr~, profits, ipun ~nd nv~rnwf from wh~tev~r
w~rp d~riwd. ~ach ~nd wery of which, it beinp ~xprealy urxl~r~tood, u htnby mortQpet! q if specificslly wt forth and dt~crib~d In th~ qnntinp ~nd
If~b~ndwn clausp her~of, and such Reteiver ~h~ll hav~ all the brwd and ~ff~ttiw fvnttiam ~nd pow~rf In anywiss tntrust~d by • Court to • R~ctiver, and
wch oppoinh»ent sh~ll ba m+d~ by ~uch Court ai ~n ~dmittsd equ~ty :r.V s~4tK e~ ebtolut~ riyM ro ~aid MCRTGAGEE, ~nd withovt r~hr~np to tM
•dpwcy a Inadequaty of th~ v~lw of thr property mortysy~d w ro the soN~ncy w inwlverxy of Ntd MORTGAGOR a th~ d~f~nd~nts, ~nd thrt ruch
r~nt~, profitt, incom~, issues and rtv~nuy ~halt b~ ~ppli~d by ~uch R~ceivur ~ewrdinp to tM lisn or puity of Nid MORTGAGfE ~nd t!N pndiu of such
Coutt. '
8. To duly, promptly end fully perfam, discMrqe, sxecute, effect, compl~t~, comply with and abid~ by ~~ch ~~d w~ry th~ atipulatiau, aprkmt~ri,
oonditbrn snd cov~+anq in said promissory rats ~nd thit mortp+p~ e~t fwth.
9. Th~t In th~ went th~ own~rshtp of th~ mortpayed prema~s, w+~y part thereof, becomes vat~d in a perwe~ otMr tfian tM MORTGAGOR, tM
N10RTGAGEE, it~ waeswn and aui9na, nay, without notice to th~ MORTGAOR, de+l with ~uch tucceuor w succeswr in intere~t w+th r~fer~nct ro thi~
mortqape ~nd tM debt Mr~by securrd 's the sirtw msnn~r K Wi1F1 MOrt9bfaUr WitIWVt in ~~y w~y vitiating a~di~tFurgirtp tM Mortqryan' II~bllity I+s~a
undtr ot upon the d.bt h~reby o~cured. No ~ale of th~ pr:mlw~ her~by mortyp~d +nd no forb~~r~nt~ on t1+~ part of t1a MORTGAGEE or its suEtessor~
or ~ttiqro ~nd no ~xt~+?sion of tfis tim~ fa the p+yment of the d~bt hersby s~cur~d 9ivsn by the k10RTGAGEE or it~ wcusso?r or ~a~yru, shall op~rst~
b r~l~~, d'+sd+srp~, n+odifp cfi~ny~ or effett tM o~ipinal Nabiliry af tM N10RTGAGOR Far~in, ~ithn in whol~ a fn p~rt.
10. h h ipstit~cally pnrd thet tirr~ ia af tFw eswnu of tfiis contract •rrd thit no waiv~r of ~ny obliy~t~on Mrfunder ar of th~ obliqation te•
tw~d F~asby shall et sny tirr» thersoftsr bs held to be • waivar of tfi~ tsrme herwf or of the ins~rumtnt secursd herby.
I 1. In addition to tM fors~oing monthly paymenri of princ psl ~nd imerest required 'uy the promissary nott ~ecvred henby, mortqaQor cov~na~h
~nd aqrNS to pay to rnortg+pa~ with each montfity prymsnt ~n additional wm ntim~tad by mortgcgae to b~ ~qual tn !/12 of ti» annwl cost of tta follow-
~+6~
A~-All rtal property taxa~ I~ried or aisessed eflainst tfis abov~ deseribed real ~state.
6--Prsmiuma on fire ~nd wind~twm insursnc~ s~ he~ein requir~d to bs carried on the improvements :ituate on the ~bove describsd pr~mises.
C-Premiums on such mortpsye flwranty insur~nu •s marlysqer shall from ti~rw t4 rime deem fit to urry on the b~~ ~etursd Mreby.
Nbrtqpes shsfl from time ta tim~ notify mor~psqw in wrriSi~q af tha amount due and pay~bla herevndsr and iuch sum ahall ther~upon b~ dw ~nd
p~y~W~ on the dw dat~ of tM r~rzt monthlY paYmMt ~nd ~ach weceuiv~ rnonfh ther~~ftsr vntil mortqagee ahall ratify mortyaqor of • ch~nQs in wch
~nwunt. Such surm sh~ll bs appli~d by mortq+gM tewsrd thr payment of rial proptrty t~x~s, tnsursnce prsmiums, and mert~sy~ 9u~r~nty inwr~nu
pr~niwhs. /
~N WI7NE55 WHERfOf, tM wid MORTGACaO h~s Ixrwnto wt hi~ h~nd and seal tM day ~nd r fi t eforesaid.
~ m FfLED ANO RECORDEO
~ if~_
• ,~~evoK ~
°t-r.c~` ' ~..;':';~..n
'65 MAY t 7 Pi~ ~ : Q 2 ~ _
, ~ ~R l~ r ~ ~ f~``<' _ 2 _ l.J3 l.i Ll ` i ~ _ P• ' L•,- 4 ~ , , tL, ~ ~
~ (
' ~ it':~. ~ ie G~t POI~TRAS, CLERK ~ t_ ~ . , 1- -
~ _ :'e:%
: m. ~,..on.i~? .~.r.a ST. , ~ '.~,d
't ; ~ • ~ ( hia wifa, to rrN anU'~qo~i~ ~ar~~Mr+owri.td MA ro b~
~r frdividwls d~stsi6i~d;1R•~d who ~x~cvted 4Fw fapoinp irntrw??snt ~nd ~knowt~dptd bef~n m~ thst tMy s~~iiB,~It~.Iliier+%'~~r, Jfir W+~Pwa
~ :~~'ti,a,'a~,~, Euia c. KiKiller ' ' .
o ~ , y~
wl~fi~~of~s~: ;..w • , - • vpon . ..po..t. .na P.+vN.
~ ~x~nN~tation by .kr+~ »k~n ssp~r~t~ rnd •p~rt from ha ~Id huiband, atknowludQed to ~nd befw~ m+ that sM ~zrcutad a~id in~trum~nt fr~ly ~nd volwr
~ fuilr e~d wFhovt mr comp~ltio~, conftreint, ~ppnikruion, w fear of w fiwn ha wid husband. ~r
WITN~SS my lund ~nd offici~l w~l thia 1°Lth d~y o{ A. D. 19
~ I~Dotsry PvbHt In ~nd Stat~ aF Fiwida ~t Larp~
~ MY Commtsaion ~~ir
Return To:
t;ot~ry E~ublic, Stafe of Flor.da at ~a~~e
Citi:~n~ fsder~l S~vinqs ~ loan Aawcirtiw? ~,Ilv [~mr-,s::irs:t Es~ir°S r~1n'clt l, ~7v~~
~ s}. ~YC~ t+01/11?y , E"d-d °r A':"/;,an i:r~ 8 CaiwiYy Ca.
h. Pisrti. Flwida ~ f~~~