HomeMy WebLinkAbout0351 And xeid Morrgagors, for themselves and their heirs, leg~l represenietive~, succa~ors end aui9n~, hereby ~oin~ly end feveraily covenan~ a~d ~yne
ro and wirh The said MORiGAGfE, i» successor• eod asiigns:
t, To p~y all •nd singu~er the ptincipal and intere~t and the variout a~d •undry fum~ of rreaney pey~ble by virtue af seid prcnissory note, and thi~
mortc~aye, aech and every, prompHy o~ rhe day reipcctively the same ~wa~slly betom~ due.
2. To pay al! and •7rapul~r the uses, as~easments, levies, liabiliti~ti, obliyation~ and ~ncvmbr~ncef of every natvre end kind now on said de~cribed
property, or that hereafter may be ~mposed, suffered, plxed, levied, o? aste~ud thereo~, a that hrresffer m~y bs levi~d w s~~e~ud upon thi~ Mort4-
ag~, or the indebredness sec~rerl hereby, e+ch snd ev~ry, when due and payabl~, actwdiny 10 law, b~fore tMy k~come dalinqu~nt, ~nd b~for~ ~ny intsnst
attaches or any penalty is incu~red; AND INSOFAR A$ ANY THEREOF i5 OF RECORp THE SAME 5HAll BE PROMPTIY SATISFIEO AND OISCHARGEU OF
RECORO AND THE OQIGINAI OFFICIAI DOCUMENT (SUCH AS, FOR Ihd51ANCE, THE TAX RECEiPT OR THE SATISFACTIpN PAPER OiFIGAl1Y ENDflR5E0
dR CERYIilE~) SHAII BE PLACED IN THE NANDS OF SAID MO~TGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT, and in tha event thal any th~reof i• not
pald, aati~fied and discharged sa'd MORIGAGEE may a~ any time pay the same ar ~ny part tlre~eof without weiving or affsctinfl any optioo, lien, equity or
.iqht under or by virt~e of this mortgage and the fu11 amo~nt of aich and every such payment shall be immediately due and payablr ~nd ahall be~r intsref~
~rom rhe dete the~eof until peid ar rate of eight pe~ centum per an~um and royether w~th such interest ~hall be sec~red by the lirn of th:s morqt~ye.
3. To pl~u ~nd oontinuovily kNp on Hee buildinp~ now or MrNft~? ~itu~t~ oe~ say I~nd ~nd M+II puiprt»nf ~nd p~nonally eowr~d by fhi~ mon~
~p~, with di pr~m(urw th~nor? paid in fu(I, iir~ insur~ncy m th~ uswl ~t~na4rd policy fwm, 3R • wm ~pproved by tl» MCIRTGAGEE, r~d wi~tarm
Intursnp In th~ ~~wl ~t~nd~rd po1Ky form, I~ ~ ~um ~pprovad by tM MORTGAGEE, in ~uch tompsny o~ comp~~in q tM AIORTGAGEE rtr~y
dir~tf; ~nd ~11 flr~ ~nd windttorm in~urax~ polici~s on ~ny of asid bu~td~nq~, ~ny (nt~r~~t tMrt7n o? p~rt thsrwf, in tlt~ pyrtqat~ ~um ~fo~M~id or
In ~xt~u fi»rw#, ~hdt cant~in th~ u~ual st~nd~rd mwt9~N t~~us~ w wch otMr clsuN ~s th~ Mortp~qN may rpuir~, makirp tF» lou und~~ ~~id po~l-
cfa. ~ach ae+d"w~ry, p~y~bl~ ro siid MORTGAGEE a~ its iM~re~t +nry app~sr, ~nc! ~ach ~nd ~v~r.y suth policy ~hall b~ prompNY ~u,yn~d ~nd dstivrred ro
~ny Mld by ~aid MORTGAGEE further ~ecurity to uid mor+p~p~ debt, and, not Nu tMn t~n ()0) day~ In adv~nc~ of ih~ ~xpir~tion of Nch pe>liry, to d~-
~ivar to wid MORTGAGEE a nnewal thenof, to~ather with a receipt for the pr~mium of ~uch rsnewel; and thsre ahall b~ rq firo or v~indttorm in~urancs
pl~c~d on any of Nfd b~ildinps, •ny interest tfier~in or psrt thereof, unt~p in tl+~ farm ~nd wirh ths lou payable •foresaid; snd In ti+R ev~nt •ny cvm
of moKSy betomst pey~bl~ under wch polity or policiei uid MORTGAGEE shall have tM option to rec~ivs •nd apply tM s~me on •ccount pf tM indebted-
n~ss s~turrd htreby w to permit ~aid MORTGAGQitS fo receivs and uw i1 or any part thereof for other p~rposes, wifhout thereby weiving or im~air•
1~q +ny equity, lt~n os ~iyht under or by virtu~ of thii r.wnya~r, and in the •v~nt taid MpRTGAGORS •h~ll for •ny re~wn fail to ke~p th~ s~id premisaa so
t~tur~d, o? fail lo d~livar promptly •ny of said polici~~ Of in~~r~nct to ~aid MORTGAGEE, a f~il promptly to pay fully •ny premium fherefw or in ~ny
ro~prct fail tp p~r(erm, diYCh~ry~, executt, affect, complets, comply with and •bld~ by fh;i cownant, or my p~rt hereof, ~aid MORTGAGEE msy place •nd
pay for ~uch ~n~ur~nc~ or •ny part theraof without wairinq or ~ffectiny ~ny optian, lien, equity, nr riqht under or by virtue of this Morfpeqo, ind fhe
full amoun~ of ~~ch ~nd av~~y ~uch peymant ih~ll be immedi~tely du~ end p~ysble ~nd shall bser inteee~t from the d~re thereof until paid at th* ret~ ot
~iine p~r tantum p~r snnum and togethcr with suth interest ~hall be ~etured by tha litn of thi~ mwtqs~~.
A. To ptrrmit, tanmit tx ~uffer no wnste, Impairmsnt or deterioration of ~aid propsrty or any pert thereof.
5. To p~y all •~d ~inpulsr th~ co~ts, charyer and ezpenses, includiny a re~~on~ble •ttorney'~ f~e +nd costs of ~bstricts of title, incvrr:d or paid ~t
any tims by ~eid MORTGAGEE, because or in tha event of tht fsiture on th~ psrt of tht taid MORTGAGOR to duly, promptly •nd fulty psrform, dixh~rq~,
~x~tute, ef4M, tamplet~, comply with and sbide by ~ach •nd evary th~ ~tipulatiom, ayrkm~nb, conditiont, •rtd covensn!s of ~aid promitw~y nots and this
mwtp~pe iny or rirher, ~nd i~~d cosrs, chuyes end ezpensea, asch and ewry, rhall b~ immedi~ttly due and peyable; whethfr or not rh~re bf f10f1Gf de~
m~nd, attsmpt ta eoll~ct or ~uit p+nding; and the full ~mount of each and evsry ~uch paymtnt •hstl bes~ lnterait from the dat~ thersof until paid ~t th~
ratn of nine per centvm per annum; and all said coirs, charqe~ snd expensea incvrrad or paid, toyetFwr with avch intenit, sh~ll be kcured by the lien of this
mortqp~• .
b. TT~at in th~ svsnt of eny breech oi thi~ Mo;tqege or defavlt on the prrt of the MORTGAGOR, or (b) in th~ ~vMnt ~ny af said t~ms of money
her~ln r~ferred to b~ not promptly snd f~lly pa~d within rhi~ty (30) days next after th~ r~me uveralfy become due ~nd pey~ble, without d~mand or notic~,
or in tha ey~nt each ~nd ~very the ttipuletions, agrtementa, conditiona and cortn~n» of a?id prom;uory nofe •nd rhis mortysye ~ny a•itMr •r~ not
~uly, promptly ~nd fully perform~d, d~ahar8ed, exec~ted, effected, comp!eted, compli~d with •nd abidad by, thsn in either or ~ny iuch ~vtnt th~ ~aid ap~
praya» wm rrwrntia,~sd in said promiuory note then romainirr~ unpaid, with intarest rcuuad, ~nd •II mc~~ys ~etured henby, •h~p become dw •nd p~p
a61s forthwith, w tMr~after, ~t tM option of ~~id MORTGAGEE, ~s fuily •nd cornptet~ly u if ?II of the ~aid •umt of money wer~ oriyinally atipul~ted
ro b~ paid on such d+y, ~nythin9 in u~d promiuo~y not~ w in thi~ MortQ~ga to the contr~ry notwirhst~ndi:~; and thereupon or rhera~ke~ ~t the aption of
s~id MORIGAGEE, without rtotite or demand, suit at Iaw a in equity, therefore or thtre~h~r bpun, msy be protecuted if •11 money~ a~tur~d htreby
had m~turtd priw to iri lnstitution.
7. That in the event that at the b~ginniny of or at •ny time pendiny eny sui4 upon tfii: Mortgape, w to foreclose it, nr to reform it, oc to enforp
p~ymenf oF ~~y cteim~ her~undar, seid MORiGAGEE shaU apply fo the Court bwinp jurisdidion thercof for the eppolntment of a Receiver, tuch Co~rt ah~ll
forthwith •ppoint a rxeiver of said mortflayed property all snd singuiu, indud,nfl •!I and tingulsr the intomr, profits, iasuef ~nd reven~e~ from whetw~r
wurce d~rivad, ~atA and avery of wh~ch, ii laeinq axprrssty undarstoud, ie hereby mortflped ifi ~p~c~FicaNy set torth ?nd describrd in tM pnntinp •nd
h+bendum tlausos I+ereof, snd tuch Receiver tfiall hava •II the broad •nd effective funclions snd powen in anywise entrusted by • Court to • Rsceiv~?r, ~nd
wch •ppointment ~hall be made by such Court s~ en admitted equity and a matt~r of ~biolut~ riqht to uid MORTGAGEE, ~~d wit~wut rrfrrenq ro tl»
adequacy or inadequacy o4 tho relve of the property mortqagsd ar to tha tolvency o~ iniolvency of t~id MORTGAGOR or the defend~nt~, and th~t ~uch
rents, profiri, incwna, iatuns •nd revenues ahall tx ~pplied by tuch Rxeivor ~ttordiny to th~ lien or equity of aid MORTGAGEE and th~ pnct~u of ~uch
CoutY.
8. To duly, pramptly rnd fully perForm, diacharpe, execute, effect, complete, comply with ~nd abide by each and ~v~ry tFw rtipuletioru, aflr~ements,
eonditionf ~nd eovenants in ~aid promissory note aeu! this mortypt ~et forth.
9. That in the ovent tfie ownenhip of the mortpa~ed premi~et, or eny p~rt thereof, brtomet ve~ted in ~ perwn othrr then tfi~ MORTGAGOR, th~
MOR7GAGEE, fh svcceuon snd a»%gna, may, witMwt norite to th~ MORTGAOR, deal with •uch tucceuw or s~ccesso~ in intereat wi?h refsrence to thi•
rtwrty~ and Th~ debt hereby secured in fhe uma mannAr with Mortgsqor without in ~ny way vitiatin9 or ~dixharyinq the lWonysgors' liability her~
und~~ ov upon tM debt hereby aecured. No sefe of th~ prem(ies hereby mortqaged ~nd no forbearance on the pan of th~ MORTGAGEE or i>s succ~~son
er suiqns •nd no ~xtension of rha tim~ fa rhe p~yrmnt of th~ drb~ hrroby tecur~d qiven by th~ MORTGAGEE or its wcssswrs or ~uipni, .shrll`bp~rats
b riel~aN, di~cMrp~, modifr thanys a~ffsst th~ original li~bility of th~ NIGRTGAGOR Ixrtin, •itFkr in whoh w(n part. • -
10. It ii ~pec~fiulfy pr~sd that time i~ of th~ euance of thi~ tontru~ and that no weiver of ~ny obli9ation herevnder w of ~V?i pbti~it3pnt!-.
N?rd F~rtby ~hall rt +ny tim~ thtreaftsr be held to be • waivar of th~ t~rm~ Mr~of or of the instr~me~t sewred herby. ' ' ;
11. In addition to the forieyoiny monthly payments of princ pd •nd interest required 'oy the promiuory note iec~red here6y,:'mp'rtqpw 'coverwnts '
~hd aqrtr~ to pay to moHpaqse with e~ch mon;hly p~ymeM ~n ~ddition~f wm estimated by morfgcgee to be equel to i/12 of tht [nrwal:coi~t of~ follow-
irp; . , : ~
A-All r~al proprrty ta:es Iwied or e~sesud asainst the abovs described real earats.
B-Prsmium~ on fire •nd windstorm insvronce a• herein required to be urried on the improvamentt sitvate on the above de:ai6ea'premises.
C-Pr~mium~ oh such mortya9e 9uaronty inaur~nce a• mort9ape+~ sh~ll from time to time dsem fi[ to carry on the !om ietured ikr*b~,,_
Mony~gre ~helt from time to time norify martgspor ~n wfltinp of tF» amwnt dw snd pay~bla herounder ~nd •uch sum thr11 ther~upon br due~~nd~ .
p~yabl~ on the dw date of th~ next monthiy payment and e~ch •ucce~tiv~ month thersafter ~ntil mortgagee thsll notify mortgaqor of a ch+li~~ in 4uch
~mount. Suth sum= ~h~t[ be epplied by maRqa~e~ towerd th~ payment of r~sl p~apfrty tsxe~, Insutance premiums, ~nd mnrtpeqs . yu~tanty~ in~uranc~
pr+m(umi.
IN WITNE55 WMEREOF, tfi~ eaid MORTGAGtap. ~u/~y t ~~eal th~ day and yeer first af esa{d.
~iqn~d, I~d end d~1ivK t Ma pr .'71 Gia l`7
"'"`trp.° ' eaoK t - ,
\ '~G~L.. .~C.L~ y aq
~ 5 MAY Z t AM 1Q : I 3 - `s-•n
- : ~ . . - cs..n
3TATE OF FLORIDA .r~va.,9~J i.~
` S~. Lucie R0~ R~`OtTRA~, CL~RK ~
L ~l CQU TY,
~t
m~j ~.o..iiri+~lr .pp....d ~ .ns3
h1s wlf~, to me weli known and known to m~ to b~
t~if, ii?~~tduab d~oari~' in and who •x~cuted th~ for~poing In~trum~nt, and aduw~wl~dy~d btfor~ ma th~t they •xvcutfd tfi~ ur~s~ for tfr~ purpaaa
,~:~~.~.,.:a: Alliece Wa1,~er~
'r ~ " ~~F..a.~_~ Z t C Z'3 ~
! ~'iti bf-1M Nid. ~ ~ _ ' " upOn • ttpar~t~ ~nd Qrivoh
~ a~~1+7!utien,~l ms t~klm.lreper~te rrrd ~ptrt fror!~ Mr ~~?d husband, ~cknowltdqsd to •nd befan mo tfiat ~Fw axecuted uid in~trum~nt fna~y and volun~
E ?!lit~r ~!r+a wlthotit V,py compul~ian, Con~Traint, ~Fprshsnsion~or fear of w from tut Mld hv~band.
~
VIlTNES~' mY ?s~n~ wid offici~l ~sal thEt~~_ .pC d~y of - ~av A_ D. 14
~ _
~ Notiry Pvblic (n rnd S+sts of Florida at lary~~
Mr COrrtmittitN9 •X rN:
Return To:
Giti:~ns hderal Savings i Lo~n Ass4ci~f;on
o~ St. w~.. t~o~ 1~8 3 49
t Pierce, Floride