Loading...
HomeMy WebLinkAbout1217 , 3. To piace and co•,t ~ne.s y k~zp e i tt:e o~ ~s r~ ~ e~ t o s! ~te cn s_ :1 'a~•..f i c,, ,_enr ~r d pe~soni!'y c~•.zred by ihh morrg- ege. witn all prcn~~v~:~.s th.r~!'~~~ {',a.d ~n iu;l, f~r~• i._ ce tn ~~.,5~~~~ s!.j~~~-_i •ci p.'. cr fOrm, in d 5c n o~.rru.r~3 't~~ th~~ h1Vd~v:.G:t, ar~d windstorm ineurance in the ~sual s~sndard po' cy form, in a s~. ~ aF,~ro.ed i~ ~hz r.~o~?G.aGCE, in s~ch o~~~ pa~~, er ce^~}~an,es as iF:e t,10RTGAGEE may direct; and ail tire ard w ndsrorm ins~r~ncz pa:c~es on a~'y of s~:d b:,~:u r,ys, any interest ther~~;n o! pst ih~~rr~f, in the agg~:ya~e sw*~ aforesaid or in excess thereof, ahall :ontain the usual sta~~d.~rJ murr~_gra c. ~.,s•: or wch o~he: c'~~se as th~~ ltlo~tya3ec• r.~~y re:}~~re, malirg tF,e ~oss ~~nder s.~,d poli- cies, each and every. Payab'e to said AtORTG.4GEE os ,ts :•~t<r~s~ "ay ~~>~ear, ,nd eaci~ a~,d e:e~y s.~ch cc• .c; sh:,,i i,r F;~on;~ny ass yn~•c~ e~~d de,~.errd ~o any held by Sa~d MORTGAGEE as furthar sec~r~ty to ss~d ~~.o~tg3;e dcu!, a,~,d, no' l~~ss ri,an ten ;i0; d~~s ~n ad.~~cce of tha e.~pi~at~on o( eech pol~cy, to de- liver to said h10R~GAGEE a renewal thervof, togerf~tr w~th a rrce~pt fo~ the pr~•~i:~~m of s~..ch re :r.,~al, .i:'d ti~cre sha,: k„ n~ f~~e or windsto!~n insurance plattd on eny of so;d b~~!din9s, any interest theie,n or part tt:~•reo~, u~ c•ss ~n 'ne form ~~~d w:?h the loss paya~!a .~s afc'es~id; ard in the e•:en1 any sum of money brcomes payab'e vnder s~ch poiicy or po~ c_s sa.d J iG~.G%E shan have ~h eF :on ro re,_ ~.d < ~ t.: s.aa~e on a;:o~ it of tha ind ~ r~~d~ ness secured hereby o~ ro per.n~t s3ld MORTGAGO^nS to rec~i a~:d use iT or i_;•_~ f;:: c ~h .,:..''J • r-~-- ing any equ~ty, lien ot (yht undc. or by vlrt~e of ih~s .i'~cr'g~~c; and in thr event sa-.d '~10~T(~AGORS shi'.~ .`or any rt~son tai! tu krep the s3~d przm~s~s SO inaured, or fail to deGver F:io•~~ptly any of said ~I~c es of ~ns;nancr ro sa'd MORiGAGEE, or i:,. ;.~~.:s!'~ ro F ay f~.:y any pr~- thercfor or in a~~y respect fail to perform, d~scnarge, eax~te, e('ect, compliic, co • p!y w~~h and a~~de by th s coven~:v', oi any p.art ha~rof, sa~d MGRT;,~GEE ~»~y piace a^o ~ay for wch insurance or any part thereof without waiving or affect~~g am1 opGOn, lien, eq~~ty, u~ rr_;h~ unuar or hy virtue ot ih~s Mortgage, and the f~!I amouM of each and every such payr,~ant shall br ~r~,n;ed~ately dve ard Fayab:e ar~d sh~,i boar interast tro-n the data thereoi ~ntii p::id a! the rare oi r.ine per cent~m per ar,num ond tcgethrr with such ui'e:~ sr s:ia.~ s_•:vred by the :ien of ih!s n;ortgage. 4. To permit, commit er sufier no vvaste, i~npoirr.~rnt or deter:orat~on of s~~d p~ope~ty cr anT part ther~~of. S. To pay all and sing~!ar the <osts, charges ard exE~cnses: :nclud r~g a rca;e:•,ao!e r.no~nty's fee 3nd ces~s of af~s~.'dC15 Ot rit:e, incurred or pa~d a~ any tin~e by said MORTGAG`_E, because er in ihe eve~t oi ~h_ f.~.i~rc on ti;r part of :he s~id hS;,iR1G:~GOR to du'y, pro:~~ptiy and fu:ly per(onn, d~scnarge. executz, effect, cemplete, temp!y w~th and a6 d~ by eacn and ~~very ~he snpu!a! ons, a~rce ~.~nrs, co~d~tions, ar.d ceve,~a:rs of sa~d Fro:»:>sory nore and ~~~.s morgage any or e~iher, and sa d costs, char~es and exFenses, each and evcry, shail be im~r.~,i~at:-'y due and paysb'e; ~i~_-ther or r,ot therr be not~ce de- mand, atrernpt to coliect ar suit pe~~d~ng; ard tF.e fuil o~r,o~n~ oi eacii a~~d every si~:h ;.o,mant s~~a~~ t:ea~ in~eres! fro~n the date tFereof unt~i pald ai t~~e rate o` n~ne per canr~m p~~r an;,u:~,; anc: aii sa~d CG515, Chd.'~QS c.^.:1 cx::~•rs~s ;ncurrc•d or pa~d, reuetf~ar •.,.th sc:h lnteresr, shall be sewred by fhe lien of th~i mortgage. 6. That (a) in the event of any 6rea:h of this hlortgage or defauit on ti~s part of the :10RTGAGOR, or ,b! in ih~ event ar.y of sa'd svms of money herein referred tc bc not pro:np±iy ar.d fully pald ~~~F~;~ thrty i3J; dsys nexf ~~rrr the s3~~e se.ec~,:y ~e:o~~,~, d.;e and payaU!e, w~tt,ou~ demand oi r,ctlc~=, f or (c) in the evem each and every Ihe sripu,at~ons, a~ree:r,znts. cond~;;o,s and coYenanr; o' s_ d pre•:~issory no~~ ard ;h;; r.:ortgage any or e~ther are not ~ july, promptly and ful:y perfermed, d.s.harg:d; ex:cur:id: effected, comple!ed, con:p!.ed w~:h ar.d ac d~d :~y, then ~n e:ihcr er any wch even~ th^ sa.d ag gregate sum men!ioned in sa~d prom~ssory nc?e the~t re,r,am~n~ unpaid, vvith intrrest ~ .;ed, and a.i mor.i•rs s~t~red hereoy, sha~l become dve and pay able forthwith, o! +hereafrer, at the op!io:~ ot ssld :VICRSGAGeE, as fvlly or,c! corn::'ere!y as it a!I of th~ sa~d wrns ef money wera or~ginaily s~~pu:aied to be pe;d on such dsy, a~:ything in sa.d pre:r,;sscry note oc ~n th:s hlatgag~~ to the conra~~ ner:,~~Fsfa•.:.' ~3; a::d thareuF:on or tn~reafter at the option of said MORTGAGEE, w~thou! nonce or demar.d, w~t at law or in equrty, ih=retore o~ th~rratrer bcaun, ~z~:,~ be uroscc~ted as if a!I moneys secured hereby had mat~red pncr to rts ins~~t~t,on. 7. That in the event that at the beginr.;ng oF or at a~y i~,ne pendl~~g any :u.t vpen i~:~s h4~~t~age, or tu forecicse it, or to reform i+, or to enforce paymer.t of any ciaims he~eunder, sald kIORTGr+G:E sna'.I a~:p y to the Co~rt h~v~~~.~ ~or sd ct.on th_rcc' for the appc~nt~nent of a Rece~ver, such Cour1 shall forthwith appo~nt a receiver of sa~d n:ortgaged prorerty a':i ar.d sirn~vlar, includ ng ~;i a"d r~,ac:ar tt.e income, prof~!s, issves ard te~~en~~es from wh;tever ~ sovrce derived, each and every et wh,ch, n be:ng express:y un~; rs!cocJ. is Fereo~ n•e~'go_•::i as ~t specfic.~l~y sr.t forth and desc~ibed in the 3rant~r:g and habendum ela~ses h,reof, ard wch Receiver sha ~ hav~ a:l the b•oad a:d effec!:~c f~•• ,t c::s and fo:.ers in any.~~~se en+rustzd by a Coort to a Receiver, and ~ s::c!~ appointment shail be mada by s~~ch Ce,:rt as an ad^~~tred eqvir~ and a rra~~er of ;Lso:ur~• r,yht to sa:d MORiGAGEE, s.id wi~hcut re4erence to ihe adeqvsty or inadeqvaty of ihe vaiue o` the property mo~tg=_ged cr to the so venc~ er ~~..o',Ye~,cy of zz~d 1J:02ivAGOR or th~ defendants, ar,d that 5u:h re~ts, profits, incame, issues and rever.~es sha;i be app.~ed i:y 5uch 2ec •r.e-r dCLOfd.r,g to the Ilen or equiti of sa~d ~r'~ORiGRGEE ar.d tne praitice of s~ch Court. 8. To du!y, prcmpt:y and fu!~y peifom~, d~s:n~rge, execute, e"ect. c.^~F~~fe~ ~c"'F'i w';'^ z~.d ab:de cy each ard every the stipu'ntiens, agreemenY, cond:tions ard covenants :n sa~d promissory nose ..r-.d ma n•:crtqa;e s.: 4o~ri~ 9. That in the event the owr.ersnip of tna r.~:crtg~gcd F:rer^,ses, cr a,y pcrt tn~_r•:ct, ccc~-n~s ~es'ed in a ce•son other than th~ h10RTGAGOR, thz h1Ui2TGAGEe. its successors ar,d ass~gns, may, wL'hout nct~ce to Yn? :'OR7'v%.~R, deal ,v,:i: s.:ch successor o• s::~cessor ir; inte~cs' :ri+h reference to thi: mortgage ard rhe d^ot he~eby se.ured in Ihe saT.c r. ~~~r,r as ~~th :"..r!ga~o• v.:+ho~t in a^.y tivay vitiating cr d.schry~~~3 the lAcrsgagors' ~iaoility here- under or upon tne ~ebt here~y sec:,red. ho sa,e cf ~~.e c•e r!s• s n_rzb~ ^~c^q~ged ard r,o ic-:eora-~ce cn the Fan oi the !.1pRTuAGEE or its successors ! or assigns and no extensior of the time fer rhe r y,~ ~ o t. '~b~ r•,-ei:y secured . ~.n n tFc NORTG%.G:`_ or ~~s s~.:ccessora or ass y^ns, ai~all operate { to re!eas?, d:scharge, modify charg.: or affect the c i3 na! ,ty o° the 7.'.GRTG~+GOR I.erc n, e ti:er in who,c or in part. 10. It is specuf:call~ ag•eed that t~me is ef tf~e e;se•~:e cf rb s cc ~'r_c' a-:d that no waiver of ar.y ob"gaf~i,n hereunder or of fhe ob'igation se- e~red hereoy si:a!~ at any tir,.e thereafter be h~!d to bo a w;,,v-_r oi t!:e tem~,s hereo' or et the i~~s's;;-renf s~cured hrrby. 11. In a:id.t'o-~ to the ~ore~o ,ro^•ti.'r F~r .,,.5 ~ r.~ s~ re ~c b~ th. r c..~;ry i:,~ ~ s:cv•ed h.r•;b;, r~o:tg3:_or cOVenants and agr.=es ;o pay !e r;o•tg3 ~ec r.: t, eac'• ~,.cn~h ~ -r e,,e a~ ac;i s~•~~ ~s. , 6; o~,9e:, ro:;~ e.;o3'~ to l, 12 of e a~ u-: cost of the foiiow- ~ng: A.-1.!{ teal Frcperr~ tax~s .~.~_d o- assess_ci ~g.~:-sr a::~;e d~~>c•~'r._d r;~ e~±are. [i-Pr~~:. ..~ns on c,e ar.~ ..:rdst: , ~es~., _~cc n.. ~c., bc car . d c, ine , ~v,^~~c,+s s;~u~~e en t::e abo~e d---'~c_d p:em~ses. ~ C-Precr.~~-•s o~ ~ h ge gua nt~ ,~r a , ~ sF•; ~ o+. c: f~ r~ ca •y or! o n sccv•eU he-ebY- M,ortga~ee s~all irc~~ f~, , to t.^,e r~•~fy n , _ ~ o 'i-,_ - o_ c_~%d ._y....'e h_~e~^: a•~~ s_ _ s.rr sV 1 tii~~ecpon be d.~e a~d f ~ay36?e en tn~~ c:,~ d~; or tFe n~.r ~r H, ca, t, ;i _.c • s, t ~f~_ r., r~~ec s~~ : ro~ iy ~rc•t~,a~or of a change in w:h ff a-r.ounf. Such soms sha.' Le ap~. ~~d F~y m r ya_ o,:. o r~ ~ z.;t of r_ F:.-~._r , tatcs ~ns- - P- s. _,d ~ c~t:~~ge g~~aranty ~nsurance E premi~ms. ~ IN 1'11TNESS :;H~R~O~, tne said ~l,ORTG,~vOR t,~s h^.e_,°.tc ser h.s h_rC and sc~~ +h„ c;:y ar,d year fi;st a`eresaid. ~ 5+gned Sea~ an de!ivered in the preserce of: ~ ~ L`.~;/~[~~s!' `'f5eal) ~ ~11_~~ ~ 4i_.__~~~ ($eai) -.-(Sen~) - (Seaq STATE OF FLdR!DA COUNTY OF ~~i ~i_ LlC ~8 f 55. Before me ersonall a Hu h Cliffcrd Ben j81T1121 and p ~ ppeared ..------g-- ~ ______~82'~ E,9ttIP.T' BE'+Y1~iam~.n his •.vi?e, to me weil kr.o~vn and knovJn to me to be ihe ir,divid~a~s descr~b~d in ar.d who exec.;ted th~_ foregeir.g ir,strumer.?, and acknow'.ed~ed befcre m~ that they executed tne same for ihe prrpcses therein expressed. And tha s~~a_ ~Max~__~_Esthex~ ~en aIT1~21 __J_~_______ ,n,ife uf the satd H~h ~~~~Q~'d B@~..18.IIlj'n uFOr a separate and privare e,am r;at~on by n-,e taken separate and a;.art frcm h~r sa:d husbar.d, ac~no,r.ledged to and be`ore me that she exca~!Hd sa~d ~nsrrvment free!y and vol~n- tanly and w:tho,t any cc~~;:~!s:on, constrair.t. zppreFer o~, or fear cf er f;^-n her said h~soand. / r YJIT~J"c55 my hand ard of,'~clal seal tnls-- --_-~"tts-- d''; of- A. D. 19~ . _~:t. . - . r..~'Jr,-~_~. t~ctary Pu6Gc in ar,d for !he State of ilari'~'d,~t.Cq~pr!,'• . 1~1y Con~m ssion expires: , " .4.• 3'4 -G~ . ite`:~m To: ~ - First Fedc:al Savings 8 Loan Ass~:iaCor . - 4' Of :cre P t..~.,, - ~ •s ~EC RD K no-r.a~v r~~rc, sr~tF-t+rr ~oR~~.a ~i ~o~~ F~_-:d., ~ ,~~(~~8~d M,Y GU`;!:vliSSlO~I• QiFI,~ES AFR: ?e~~~%9 t t~' . ; `~r' 1*~ ~~^~~~f ~'l ~tl,/~~;'7+ •r •f~}*`~ V ~ ~ • V Q" j. ~ ,....:i:'s~'' -.M".~ . . , < f` . ,i~`.~ y~ . v ~ e~~ t, :C`~R~ . oGE~ ~ut~C~'~~aUt,~Y . , ~ • .;r, R 5"~. L ~`~R~pA ^ . _ n R ~ ~ _ . ~~,~K 120 .