HomeMy WebLinkAbout0495 3. To p!i;e a~, 1 : t'; 4•a c, f ,s ~ ~~er ~r ~ t• ,•e on s~ i~•~:i .v .i . ~ i.i E e ro~z~ed by ih's morrg.
~ge, w~th ell ~;rc ns thcreon c;.i i,; . ~~a Ua i~,.~ c. to!~r, i~~ a s.: n.~,.,. ...~.f hi tl w.:.:vice, a d N i:1~JS1Jli11
ins~r.;nce ~n the us~ai st~:~da~i1 po y to~ In ~ s~ .i a,r.,.r~ i>~ tt~ S1 `RTG~iiEE. in su~h co ,pa^Y c• c:~ j~~ es as h10RTGaGEE may
direct; and all fire an:J w nJs!or~i ins.ra~ce i:ol~, is .,i~ .n~• of s..1 ~:..'i `y75, dny ir1~P~~5. Ih~r~in {a~t !hr-~~~, in the a.;y ~:ya'e i~~n aforesaid er
in ercCeSi ~hlrBGf, Sh~ll ^.untain thc ~so:.! s~~:~;!-r..i ~.r~G:';;''~ei~ or su.h Nhcr C`n~~s.? ds the R1~,`•tya~~•c ~,~+y r~.~u~.re. n~'Kinq fh:~ i;tiss ~~ndcr S.a.d pOii-
Cies, each and every. D3; }b'r to said ~~lJRTG-~v[e ai ta ~~~t~•r~n .~~.~y a~~;~ea~, a~~cl each and c~:• .t.ch sh,~ t,.. i:•o.,,Nr y ass qn..~ci a~ d d;~-.arrd ~o
eny held by sa~d MORiGAGeE as (urth,:r s_.~r~~, r.~ s~'d ~ e tg~3_ d~:br a• d rat !ess than re~i ~1J d.+;a i~ a_i:~~.ce of ihe eti~~ •at~un ut each poi cy, to de-
livZ~ t0 Said h10RiGaC'~EE a rer.~~vai lii~rcoi, toye+hcr v.~!h a r~~cr~~~l tor ihr prc:~~~:.~:~ of such tev_~•.a'; ti~tre s';a,~.' Ix n. t~re c• ~~~~~~:tzty~n inwran:z
plated on any of sa~d b~i!d~ngs. ~ny int~res! thore.n or pa!t ther.of, v~:~•ss in !hz for~,: a•,d w,+h the '~c;s ~~.~va`r.e ~s .~t: resa;d: and in th~ e.ent any s~m
Of mOney oecomes payabie ~ncicr e.[h i~oiicy or pul~i~es s.~l~I MORTGAGE[ 5~?:i have tha o~+!~~.on to r_C:^.~-~ ._~'.1 ar;~-r t;ie sa~`+r on ~c:o~`t of Ihe ind~h!rd-
ness secured hz;eby or ro pernvt sa ti ~AORiGAGORS tu recar.e ~~,d .se it or _ ~t r1.. , . • . < . ~ ,n . , : , 7 c~ ~ , -
ing any equ~ty, lizn or riyht undar or by v~•tUe of th~s n~r'ga~a, and m ~hz ave•~t sa d 111?RTGACCRS sh~'1 'r„• any fCdSJ+t fa~l to keep ihe sa d prem~s:s so
inw~ed, or fail 10 tl~livc~ proinp~iy any of f.~,d ~;oi t~ :s Gf i:iwronc_ !o Sa d,4tORTGAGce, cr ~,F;•:~`!o i ~7 tu,:y any p.r thcrr}or Or in a`y
~espect fa~l io per(o~m. d~scharge, ex~cu+e. eifccr. co,,,F,,ei~•, co ~,~;q w~ih a~,d a5~dc: 6y ih s cove~,a:,~~. er .~n; u.~rr h, ~~~of, s:~:;i !.".vR( ~:G=E n,oy p:ac~~
pay for such insv~ance or ai~y part thtreuf w~theut weiv~ng or aff~cting any o;~t~un, lien, eq~.r;: or n_i~~t u:,J~r or b~ ~;rr~e ei !h~s hlertgaqe, and thc
fuli dmO~nl of each and e.e~y such pay•nent shall 6e ~~n•~mediately uue end paya6ie dni; Sha!I b~ar in!erest Srcrn the da!e thtreoi u~uil p~~d at ihe rate ol
nine per centum prr a~v~„~n en~ ro~_1!•.,r ~,,~•i~ su:h i,~t,"~st si~a:~ l,c sr.,.r,:d i:~ tha !iC~t of th~S mo:!gage.
4. To perrrit, eomm[t or svffer ro wns'r, in•.pa~rment or de!eiloration ot sa~d F:roperty or an1 part ihereof.
5. To pay al! and singular the cests, thar9es and ex::e~ ses, Inuudi~ig a reasor.ah!e attorncy's Fre v~d cesrs of aE~srracrs of t,~!e, incv«ed or pa~d ai
any tin•.e by said MORTGAG`_E, beca~~se or ir. the rven~ of ti,e i,:iure en tF:e aart o! ~^e said ~4lOR~GAGC-R re du:y, pro ~~pr y and tu::r pr~furm, d~scha~ge.
execute, efien, eomp~ete, canp(y w th and ~b:de by e~cn and eve~y th~~ stipular ens, a~reem,.~nts, cond~t~or~s, ar.d ceve-~an~s of sa~d prornissory nore a~,o ~n~s
mortgayc airy or e~ther, and s~ d cos~s, charges ~nd expt•ns~~s, each ind er~~ry, sha~l be ii~in;~~diat~-;y due anr! ~•ay~ib;e: whrtner or not there be not,c~, d.,.
ma:id, atten'.pt to eoi~ett or suit pend,rg; ar.d the iu;l ~nount of eacl~ anc! r.er: svch pa~ment sl~oii bea~ in!•_n~st 'ro~n thie d~ie !h~rrof unr~i pa~d at tne
~;te o~ n:ne t?fr .cnt~~n ~~~r ,~nc ,i!I 5:~.; ['.5's, ch:~a~~i o"~;~ ca:.~~n5.•5 ::o.;~rt:1 Or pai;~, !Oj~IhC~ ~v..lh S~cfl i~itcre5i, SF1J:1 L`B secured by the i~rn Of tEi~S
r~ortgage.
6. That (aj in the event of any bre.~ch of this ~Morta~ge or def,+v:t on th~ part ef the i„GRTG.nGOR, cr ;b? in the event any of sa d wrs of money
E herein referred to bc not prc~r~F;:y ara f~lty ~i!d ~v~•f ~ ih.rry t3J; ~ia~s nr.t a:t~ tn~~ s~~ a s~~v~ ;':c d~e ~^.d {~ay~u e, witf~o~' dc:nar,d or not~c•r.
~ or ;c) in rh~ even~ each and eve~~ ih s+;,~~':.t cns, a~ ~c ~:~~nts, co~~,d,rio,s ard ccvenan~s o` sa d ~ r sc,. nut~ au:f ~h s-ro~!gaye a~iy or either are noi
july, pro~nptly and fully performed, d s.~+ars~il, eze.~tcd, effect<d, tumpleted, cor.p:.ed w~th aro a!, ci~d `;1, then in e~tn:~r or any su.h eve~t the sa d a~
gregate sum m~ntioned in said prom!~sory nete tnrn re:r,alnin~ unpa[d, w~tfi intere;t accr„_d, ard ;ro^.e:s sr.cred here~y, shall become due and pa}'•
ab;e forthw~th, or there~fter, at the ept~,:; o~ s.i;J ,ti1pRTC:AG~E, as f~~ily ai d cornp!etuly as if a; ef !i._ s.,.~i surns oi rnonc•y ~nere or~gina~ly sr p~;ata~d
ro be pa:d on wch d~y, anytt;inq in s~ d(ir0'n 55^f~' t1JiC o; in this h".ortgage te the COl~fldfy' IlOI.4~~f11!3:':I~!1C~; d11C~ thereuEwn or ti,ercalr~r a~ ihe opt~on cf
~a;d MOkTGAG[E, v.~rho~~t net:.e or dc~na~:d, surt .~t la,a cr in equ~ty, thcrefore or thereaficr begvn, n.ay bc E~rosecutcd as ff aiI ~noneys secured h•.reby
had mat~red pnor to its institu!ion.
7. That in thz e~ent that at ihe beginn'ng o4 or at any t~me pe~~d~nq any sult upcn ihis P~ortq,qe, or ro forec'cs^ it, e! to reform it, or to er.force
payme~7 of dny C~a;~•,s her~~under, said M:~RTGi+vec ~f~a'! r~'y !e ihe Lvvr! s,s~-:.:~.4 yl.ct,en ::~o' 40• tf~i_• ar~~;~,n~n~,ent of ~ Rece;vrr. Su:h Co~~r~ s^~ii
Forfhwith appoint a recei~.er of said rr.ortgayr~ pteperty .3:! `and singuier, ini:;:d cy 3li ai~.d s:~,~~~ar t~ e i.._c.n~r ~-~cfits. ~ssues ard rev~:nv~s fron wh:,te~er
seurte derived, ca~h ar,d every of ,vhch, :t beinq ex~,ress:y undeisrocd, E5 !er~uy mcrtq::y_u es } spcc.(~:.~~I~ ser fcrrti ar.~ des::,brd in th~, y,anting and
haber.dum ca~ses hereof, and s~ch Re,e~.cr sha:l t~a~a a.~ the b•oad and effecr,~e iun:±c~~s vrd F-o~tir~s ~n any•r.~tc enlru5ted f~y a Ce~~r to a R~r~;~~r, a-d
such ap;.oin;me~it shaii be made by suth Co,:rt as an ac? •,itt~d eq.~~ry and a mattFr of a~~so ut~ ryht to s;~~d !l~ORiG.4GEE, a~d v:nc~u! reierence to !t~_
adecjuacy cr inadequacy of rt~e va!ue of the F~reper~y r~:ort~~ged er ro thr SO.`le~1Cy or ~n;o'v~~cr of sa,ti ?1,O~i~,,.4GOR cr tt.e datc~.da-,rs, and th3t s~ch
rents, p~ofits, income. ~SSUI'S and rever,~•es shu~~i be cpp~~ed !,y w~h Recri~er ~<.erd.rg to the or equ~!y cf sa~~~ h`,JRTGAGEE an~a the prac!~cc of such
Court.
B. To d~!y. Fro^'c.r;y and fu!~y peraorn;, ci sch~~qe, rxec~:re, e?ie.t, ce.r,.i~.;e, co-re,'~ •..;ri, a,•d ~...'~i^ h~ ea~n and every the s'~pu:atiers, agree,n_nts,
eonditions and eovenarns „ sa,d promisso-y r,otz c:°.•i th.s r.,~rtgi~e sef ±ortn.
9. That fn fhe ev~~.~t the ov.r~rs?'o e~ th~ _,d pr~ _,y. ~+~,t r.,_ ~-f ~...-n~~;r.i vett,•d ~n a ~~_'so? otne~ ihan tl,._ !.".ORIGAGOR, ihp
h10RTGAGEE, its sucecsscrs o~~.d ~t_ yns. c,;~, v. ''t c., to ;'`•,•1'G= iG,:03, dc.a ..~rt, s,,.h s~:-ccsscr er s•, c~ ssor n.rter~ st ,r.iit•, re.`c•erce to ..~.~s
, mortgage ard the debt hen~oy sec~~~e:i in !he s~,^•: . ner as w~!6 l:'.~rrgagor .,r:~h_ut in eny .vay v~t.arin~ or d~sct,3ro n~ tne ~Acrr,;gors' lia~u:ity h.re-
undcr or upon the d_-ot nercuy sc:u~ed. "~o s; -.~c•~~ ~ses h:re~b~ n.ortyayed and r.o fcrhear~nce vn the pan of in: `AJflTI~AVEE or i!s s:ae;scrs
or assigns and no extens'~o~ o~ ihe t:mc fo~ the f;ayn crr •.~i rFe deL~~ hero:,y secured g~ven b~ the „,^,RTGF.V:E or its successors or ass gns, a~~all ~operote
ro re!aase, d~scharge, m~d~fy cha~:ge or aHect thc or;g.r ,i ii.,u; ti of ih_ IAORTGAGOR i.e~ain, eitiier in whoie nr in pair.
10. It is sp~c fica;ry ogr~ed iFw! t~rr~e is of thr esserce ef t'.~s contracr and that no wai~er of any ob: 9~~:cn hereunder o! cr the obligation se•
[~red hereby sha't at any 7~ . e rn.~rea!rer be E~_`.d ta b•.~ a v~~iver ef tF~: ter,~.s h_~r~of or of the insv; •rn_nr s::c~red herby.
11. in . n'o r!-_ to'e_~e '7 _ rc e~ p:, d s. r, d . t~'c:r o~ s;_., .d 1 b~, .,~orr_~° co~er.an~~
and ag~_cs to ~;,;y ro .,o-tyr,yee ..~~n each . , ~.3, _~t a,c; i.~ ~ai s~`n ~s~ t,~ .~o~~~ t~~ e.~.a, ro i i2 cf cost ei ;he fo Iew-
ing:
. ii-r~ii r[ei f: ~;F;_..'J 13x~?5 !e~.~_., a~ 355^_,_.. tics_ r~,.)' c5'.....
6- ~ _ . ~ s o : f..~ ar.d ~s~_ . c_ ~ _ _ . •_d c.~, c _ _ n~_ s . _ _ c~~ ~f _ a~,,._ d.__ . ed ,.rrc~:ses.
~ C-Pre^;., s on .,,en ~r.o.~~. ~.:e•~.,:. , ._.•a.,_ .~s ~ ..t_a;•:, s~~.~. . . ~ ..r . <,t to ~,•ry cn . -'n se:rra r~..r~o:.
,
Mo~'ga~ee ~ , , , c . ~ , . . . , , ~ , ~ _ a _
_tia., fr..~n f~ to ~c ~f, ~..•r- .n r.~: .,3 ~f rn., •i~ 1 ~:a~~ ~1., a,,:i 5, 5~. -c~~...•i b~ du~ -,r1
-3ya6'e on tii~ uu~ c.-~._^oi ~'r~a ~ r ,,^.th c.,~!• ~ , ,d , s_.__sz . _ !1~ . „ , .u ~ m,~ _ ~ee s , _ .(a . , -~cr c,f ch:~n3n in _„_•i
. ~ '~~nt. $~ch SV.•,5 5t~:~.i t,e -r-. ~,y r]._7:r :i _ , r . V' rp'~. , r ~ !::x~~s, i;~,sv•a ~ _ E:r..:,..,, a~ c1 ~ ~.tj~~ C~UOrdr,ty ir5~ranca
p•emiun•,5.
IN 1'lIiD~E55 '.',''HEP.~CF, th~ so d t,+~;c ~et f:~s hs~ l . i~ , th., d-~~ a~~d r fi~- `c. _s.,.r'
~gned, eafed ar.d e'i er_d in tFe~rese~.ce of: .
- -t_ i~ (Ssaq
. = • nal)
~ - =~E'~~'i'-- - •
l ' - - - (Seal)
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~ . - - -~S,.a'
~ S+ATE OF FLORIDA ~
SS.
~ CCU'~TY OF ~Sa1llf .J.il1Cj..~--_--- 1
8efore me persona!ly appeared ---._~`Z.QI'C~Ori ~'i.--~~bj.~'c~e~_---__~------------------------- and
F`Y'871C$~ 11~ T~~_~~~--- his v:ife, to n,e ,xeil known a^d ~.r.c.+~r, to me to be
ihe individ:rais dcs.rib_d in and .rho execu~ed th^ foregoiry instrument, an~' acknowle~ged beiorc me that they excwted th•} s:~rn~ for the purposes
m~ .
Iherein expresssd. And tho sald--------- _~~__----~~~'~~~-lla---1~LSL51~SdSl~----
~ ~,-ife of ihe said si~'~Qn_~i~~6L~~~------------_-----------• upcn z sepa~ate and privata
! ?xzm'~at;~n by n;e taRen sepa•~te and ap~rt frc•n 1:~r :~id h~~~hand, ack~~or~iedged !o and befere me tnat sh~ cx~w'ed sa!d instrv~nent fre_:~ ~r:d vulun•
i ta~i:y a~.r~ ~h;rhout any cos p~!s:on, co~~str,int, z; pr~hqens;en, or fear of or f~om her said h;,sbacd.
`,VITNc55 my hard ar.d ofE~Ga! sAa! thi:---~r~"~~-____ da~~ of~ Ma~J_ A. D. 19_~__
~ / f ~ ~ , .
~ - ~ ~,l -
Notary P~~'t';c in a~d 1or th~ ~iate cf flortdt i~;qa
' My Commssion expires: " . '
"r,e!~•n To: ~ 1 ~~~R~~~ « ~'PM ~ ~,p~'( ~r
F:rst Fed_ral 5~., s 8 loan A' 1'~ ~
~ ~~~`i' _ .~.i .
G;' r_ . P= ~ ' .
:o~r F c~,. r , . , ~ ~ ' 1~OTARY Fi1PltC ~~~7F 0/ ~~R1bA 8t LARP~' . •
~ I M~r ce~ ~ t~ ~S iy~~. 2s. y9b9~
~ ' . . . t ~ ~ J,• / ~ ~ . . •
. W(V`\~~ ' ,p, ( ~ i(~J t.~.-f _ ~n'~/• . .
, . ~ J• .~,`4j,Jt''{ . ~.,i4~~t'~:L~ rt~i
- - - - ~ ~ S7. LI:UC~c COUNTY.
~ , ' . ~'LOR!DA,
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