HomeMy WebLinkAbout0748 3. fo place and Cont7nuocs.'~ keep e? the Lu~'d:ngs ro.~.• o~ hereafte~ s~tvale ort s~ d:and .;•~.o jl ~~,~.::p ••en~ ard prno~a!Ir covered 'ov +nls rnor!y
age, w~th all prem~uiis ti~ereon pa d:n iull, f~;~~ ~.~s„u in the uau~! sra~~d3,d po!~cv {o~m in a s~,:n 3j;4'fpVC.i br the M11UR'~:;.~vE[. and ,v~ndstorn
inwrantr in fhe ~s~~al atsnda~d po! cy form, in a w~n aap~o~ed by tha M:7RTGAGEE, in such co~npanr or cornpan~es as !he A10RTGAGEE may
direct; and a;l fire ar.d v.•;ndstorm ins~~rance po!ic~es on any of sa~d b~ild.nys, any intereet the~zin or part the:c-oi, ~n the a99regsre sur.+ aforesa~d or
in excess thcreof, shall cuntain the usual stsodard mortgage~ cia~se or such other c~avse as the Mortgagc:e rnay r»yv,re, making ~h~ icss und~~r ss~~' poli-
tie~, tach and every, paya5~r ro said htOR7GRC.EE as ~ts ;nrrr~•st mey apNenr, a~id each and e~ery s~ch po~,cy shall be pror~pi~y ~,;sg~~eo and da~~~ered
eny held by said MOR(GAGEE as further security io said ~norrgsge debt, and, not less than ten (101 days i;~ „dvance o; the expirat~on of zatn pol~cy: to de~
lirer to aald h10RTGAGEE a renewal thereof, together witii a rece:oi tot the pre~nium of s~cl~ r~ne,ti-a!; ;nd th~~~e sha:! be np f~re o~ wu~ds~o~n, insurance
plated on any of sa~d buifdinge, any inte~est iharein or part ther~~oi, un!ess in !he fonn and w~ih tlie ~oss payaLie az aforesaid; and in the evem any sum
of money beco:nes payab!e vnder wch policy or po! c~as said MGIRTGAGEE ~hali have rhe opt~on to receive d app;y ihc same an .;ccount af the i+~debted•
ness secured hereby or ro permlt s~~d !`dORTGAGORS to recc~ve and use it or any pirt ih.~rcof tcr o:~ r~•,, ,:s_•s ,..;h;,.~ ih.~,,..
ing any eqv~ty, lien or right undet or 6y virtue of this mortgage; and in the event sa:d MORTGA~:ORS sha11 for,a~y reason fa~l to keep tha said premises so
insured, or fail to deliver promptly any of sa~d pof~cies o( ;nsuronce to sa d MORTGAGEE, er f.,+! p~, mprly ro pay f~;;y any ,xe nfv n ther~•for or in a~~~
resp<ct fai! ro perform, dlscharge, exac~rz, EffBC~, con,plete, conpiy with and ab~de by ~h~s cove~ant, or any par~ h,.~reof, sa~d M~RiG~GEE may piacc a a
pay for wch insurance or eny part thereof wifho~t waiving or affecting any opt~on, Gen, ~ q~~ty, cr r~gtu undcr or by vi.rue oF rSr,s htor:qsga, and fhe
f~ll amount of eech and every s~ch payment shail be ln~ned~ately dve 3nd }~y~ble a~~~d shail baar ~nterest fronz ihe oaie the~~~of unti~ p~id at the rate c1
nine per cantum per annu:n and to~ether ~ni1h such in!e:~st <Iia;i secured by Ihe I~en ot th~s mortgage.
d. io permit, commit or wffer no waste, impairment or deterinration of said property or any part thereof.
5. To pay ali and singular the costs, charges ard rxpenses, fnduding a r.asonabte attomey's fee an~ cests uf absnacts of t~tle, incvne~ or pa~d at
any ri,r.e by said MORTGAG`F, beca~s~ or in the event of fhe failure on ihe part of ihe sa~d :~10RTGAG0~2 to duly, piomptly and f~!ly perfo+m, d~sch3rge
execute, effect, comp!ete, comp!y w~th and ab de by each and eve~y the stipulat~ons, agreen,ents, conditions, and covenants of said pron'~issory note a^d ti;is
mortgagc> any or either, and sa:d c~sts, charges and expenses, each and every, shall be immediatcly due and payab:e; whether or not there be norlce d>
mand, attempt to collett or s~it pend~ng; and the fuil amo~nt of each ar.d eveiy svch payn;em shail bear interest from ihz data thereof un!il pald at ihe
rate o~ nu;e uar crntun pcr annu:n; an;; all sa~fJ CGSti, .~3rC~~5 and ex;,~~nses incurred or paid, toyeth=r ~n,rh such Inrerest, sha;! be setured by fhe lien of th~s
morigage.
6. That (a) in ti~e event of any breach of this Mortgage or defau~t on the part of thc h":ORTG:IGOR, or ;b) in the event eny of sa'd sums nf money
herein referred ro be not pron,pNy and tully paid wiihin th.rty ~30; days next afrar fhe sa;ne seve~a:~y beco~ne d~e ar.d payab!e, ~cithout dernand or not~ce,
or (c) in the e~•ent each and every the s!ipv:at~ons, agreement3, condl;ior.s and covenanr of sa d p~omisso:y not~ and th s mortgagz any or e~ther are not
~uly, pr~mptiy and fu!ly performed, d.s:iiarged, exewred, effected, completed, cempl~ed w;th ar,d ab!ded 5y, then ~n e~ther oi any such evpnt the sa~d ag
gregata sum mentioned in sa~d prom~ssory- notz then re~t~a+ning unpaid, with intere>t ataved, and ail moneys setured heraby, shall becomz due and pay
eb;e forihwith, or thereafter, at the option u4 sa~d h10RTGAGEE, aa fuily and comple'efy as if all of ti,;: sjid su:ns of money were onginatly s!:p~latcd
to be pa:d on such dzy, anything in sa:d prar~ssory note or in this hlorrgag= ro the conrrary rot.4vthstand:ng; ano rhereupon or tha~cafrer at the o~~!on ~f
~a~d MGRTGAGEE, without nct;ce o: demand, surt at iaw or in equity, therefore or therzaiter begun, r,ay be prosecWed as if a!1 moneys secured hereby
hed maturcd pnor to iis i~stitution.
7. That in the evero that at the beginning of or at any t~n,c pendi:~g any su~t upon this h+.rtnage, or ro foredose it, or to rafo:m it, vr ro e:~forte
paymem ot any tiaims hereund_r, safd h10RTvi+G=E shall app!y !o ~he Court hnving jur~sd:ct,un tf~erect for the appo~ntrngnl of a Recerver, such Cov~~ shail
forthwirh aopeint a receiver of said n~.ort~aged propzrty ail and singular, inci~d ng ail ar.d sl„gu ar tf,e ir.ccn+e, prof~ts, issues and revenues from wh~tever
source derF~ed, each and every of wh:ch, ir be~ng expressly unders:ood, is Fe:eey mor+ga~ed as ~f ~F~ec,f~cs!ly set forth and desv~5ed in the granting and
habend~:m cla~ses hercoi, and such Receiv~; shail hav~ aIl the lrcad and eff~~rlve funct u:is an~ pov:e:s in any,n~se entrus!ed ty a Court to a Receiver, a~,d
sucn appointme:~t shail 6e made 6y e~ch Co~r, as an ad:n;tted eq~ity and a matter of absulute r.qht ro said MORTGAGEE, and w~nc~ut reference to rhe
adeq~acy or inadeouacy of the value of the property mortgaged or to the so.~enty er in;o:vency oi sald htORiGAGCR or the defa~~dan!s, ar,d that such
re~rs, profits, ircome, issuc•s and rzver.ues shall be app;ied by such Recaiver atcord~ng to ihe lien or eq~ity of sa:d ~AORiGAGEE and the prauice o` su:h
Court.
8. 7o du!y, prom.p>;y and fuUy ~~erform, d~scharge, execuie, efte:t, compietc, cornpl~ w~th and ablde by aach and ever~ the st~p;,;aticns, agreemerts,
conditions and cavenan:s ln sa~d prerrussory no~e and th;s morrgage 3er forrh.
9. That in the eve•~t thc ovmersh;~~ of ihe mortgaged pre~~ises, or any part ihcrcof, b^co ~ies vested in a p~rson other than the MvRTGAGOR, the
MORTGAGEE, irs wcceisors acd 3ss~?ns, ma~, v.vsh~_t r.~?;c~ fo the ~'~".ORTGuO'+, deai w~rh s.;ch suaer,o~ er s.:c~~sar in ~rt~r~sr w~rn referenc^ to th~s
rno~tgaoe a~•d :ne debt hereby <_eo~red in the s~~~e mann~~ as v, ~~h h,or~~;gor ~w:thout in any .~,•ay vit:etirg o~ d scharg~ng the t.5ortyagors' liab~'ity herr
under or vpon the ~ebt hereby s~c~~r~~d No 53 ~7 ef ~f,~ Fre ~ fs•~s h~reby rt~a~tgaged end r.o fo•t:e~ra~.ce oa th~ part oi th~ ~',~ki~~:~GEi or i`5 successors
or assigns ar.d no exren;Eon of the tic,e for the payn•r~• r u; the debt h^r~_hy sec~~ed giver, by ti~e U:ORTG::GEE cr i~s s~ccessors or ass'gn5, a1-~ail operate
to reb=asa, d~scharge, mod~fy change er alfect th~ orig,r,~l La,;{;:ti nf ;I:? ;;.pRTGAGC~R here~r., elt~e~ in ~rho~e or in part.
10. !t is srec~fic~i;y ac•eed tha! time is cf th~ esse:-~ce of ti,is contracr and that no waive, of any ob' gat on hereur.dcr or of thc obiigatien s~-
c;.red hereby sha~~ at any time tncreafter be hc:d to 6^ a v:aiye~ of th~ tern~,s h~~;:of or of thN instr~~nent secu~ed hcrby.
i l. In ;d t:., , ~o th~ {e•~.ge ,3 _~or~t,ly , ai s o' p , c ~~d ~ _ ~sr req~ . _d i~y ~I~_ F•or ss.,~; . . _ s. _u~ed h. :b;, ~ -.~-t~;gor eovenan~s
and agr~es to p::y to n~.or~g,,-g__ s.rth ea~n r~~, n'~ r,~n a.^.Ia ~~~~,a, s~~i ;s• a~,_u 6~ ~ro~r~a~~~., rorcc ey~3~^to i t2 ct r_~,. vai cost :,~f th~ to!io.v-
ing:
A-r~fl real p•opcr•~ 13X?5 I?': iC~. O' d.5^55'•:J ca:~ .s! r~._ „c~vc dr•sc ~bcd .,3I es,a•e.
o- Pr:;,.;.~ rs o? ffre and ..~~•.rizr,r,.~ ~rsu~a^ce ner:::n r~:~~ r.d 'c b~ ca•r;.,d c~ ~h~ ,:rove~r.e:i!s s:!~a;= cn th, above d~s-~ibed premises.
C-Pre ~ s en _.;.h r o•+grge gua•r,aty _ rar : . „ ~g~~e.~ g~ ~ ; 're, _ •o . . ~ dce~i fit to c3.ry cn the 'oan s:~urcd 'ne•eby,
:1or'gaaee cti; ; fre-r r-,,~ to t; , c n~•i(y m.^rr.; _.:n .vr~t n~ of t};e o:~~t ci::, sr i psyah'e hereund~r ard s~cF; su n sha~! ti,._reupon be d~e o~~d
a ab!e on ~h_ ~ c~ nt';, c.
F r c.~_ n oi tr <t ~h ~ _ + e ~ s. :^ss ~ . r eaf ,;,rrl r, c. g~~ shal; no!!y rr ~c~ cf a chan3< in s~'h
O~rli. S~-C~1 5'.?'.5 5~' ~ ~ri ~f t~. .d ~t~~ ~T.c'r+ { r- ~r„ '
_ ~ :,r <9,_'- - = f;;i c . , , isx_5, . >>r.. ~ ~ ~:.~:rs, ~.~d r...1g~^y_ av~ranty ins.,rance
t!emiums.
IV ~JIT~lt~S .:Hc2:Of, t~e ca'd .~.~?iv:..,~R hos hcre~_ ~to se+ hs h.v.~ and ses +he d:~y a^d year first a'er
S:gne -Sealed d d~'ivec d in the presence of: / ~
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Si~aiE UF FLCRI~A 1 '
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C:~U'dTY OF v ._-L:11C ? ? ~ ;
Befere me pPrscr;aily ePr^eared - _ OLI:I i~ . ~''1C t._S O: _ _ a,y~
v -b ~ _ „ -
- L' S~f.'11_? tj. i~1Cr:5~t1 _ his wife, to me ~v~•.I knewn.an~tcrt~.vro to ~ p~ be
~ !h= i«~i~idv~!s descr:~_d in an~ who ex ~u!ed t~-,~ fcr~goir.g Instrument, and acknowledged before m.e that they executed tha'sarne for the 'p~Npossa
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tn~r~.n exp~essed. And th s ~d _ _ S~~' f p
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' o= ,FA s.3.~ - - - Ycun~ D. .
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exarr~rato, by m~ tacen sepa. t~ an~i a;;r. f:~. ~~-r se'.d Iw 6and; acknor,ledged to and be!ore rne th~t sf~e e~ecu'cd said irstr~m~:it'~t!~.~^cI velur.-
tari; y and w t},o~t ar~ te~.:,u , on, cc~~s'~~ r~, a, r_ne' s:c~~ fear of or from her said h~sbar,d.
Y:li^~ESS my ha~:l and offlc:ai seal fh;s. da~ of__ i',__„8''_--- A. D. 19~_
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Notzr; P~,c';c in ard for the State of florida at Larae
' ~?etur,~ ?o: 11y Con;-n~ss~on ezpire~c'p.~r,., p.,,,,._ ~,~r' ( C' -
CI'S'. FCG:t'.rai S3'ri^:]3 ~~Odtl HSiJ~~3~ ^ p p ' G`~ ~ r~, I~± t~ ~A
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