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HomeMy WebLinkAbout1439 ~ [ ~ ~ 3. To p'ace and c.ni~n~ous~~ kc~cp on thr _n:.~s s'.. ~ 7: . ..t F s .o:er~d uy tr~s rn~riy ;n ~ sla~~_ra• i ~.o'~iy fotn~, ~ i 3 s.. t1, " _'3 E[ ~'~d v.indstorn. age, with all premi~ ns thercen p3 d ~n tu'I, i~r~• i^:.: ~ " ~ ~ inwrance in the usUai standsrd Nai,cy form, in a s~ ~ e~,~ro.~.! t~; the h1JRTGAGFE, in s~ch c.- rp'~ ~ ~ cc ",•s" es .s ir+~• !,~ORTGAGEE may direCl; and dil fire a~;~ windsPOrr: ~n5uranCe po ~~~.c°s Jn ~~~y ot sa;d '[?u~.cl~ny5, any in!E•:e.,f !harc~n ~r ~ sr'~!hr'r..', In the aggr:gat~ sv!~~ aforesaid or ih excest thereef, shail :ontain ~he us~al stondard ~no:~?.~ger c.~~sa or s~:`~ other c'a:se as tt,e Morfg33 e~na~ r,.re, making t~~~• ~es> r s,~d pv~i- ties, each ar.d every, payub!e to said hIORTGAGEE as ,ts in~~~:~st •cay a~~p~•a~, .i~+:i c~ch ,~nd evrry s~_h E...,-~ slu c ~?io~ Ntiy ass ynrd ,~i ic:~.creU ~o any held by said htORTvAGEE as funhe~ secur~ty to seid no•tg.,7_ d_w. a:•:d n~r :~ss tt,an t,.n ~10? d~~s i, ad.~c:e ef th~~ e~f,~rst~on oi racE~ {,o!~cy, to dc• liver to said MORTGAGEE a renewal thereof, to9ether w;!h a rece~H~ fo; th_~ pre n{vm of such rr~~.e.ti.~'; ~i~- e sf~~ii b: no i.re o~ w~~~dstc•:n insurance plaeed on any of said building~, any intere~t there~n or pnrr !herecf, un!ess in ih~ fonn and w~!h ihe loss pay„i:!e :,s afcresa~d; and in the e.ent any wm of money b~•comes payabiz vnder such polity oc poGci~s sa:d MORTG :GeE nh.~ii t,a.e ihe uF ~.on r r c::. _ I~~: ; f~~ sa-~~e on ac:o~nt of thc indatird ness sewred hereby or ro perm~t said MORTGAGORS io r~•c~~i~~• and use or y:~:.•} i:<•~` ~ > '7 ing any eq~~ty, lien or r~ght undar or by virtuc of :his mc•t~a~a; and in th~ event sa d,\+: nTGr.C>O^n;. sh a l.`,.r a:~y reason ia~i to k~~ep nc~ sa:d pre:n~s~~s so insu~ed, or fail ro deliver promntly any af said pol~cics ot ~nsurant~ to se d h50RTGAGtE, or r:. ,~r. ~..;:'!y to f:~y !u ly any pre ther~•f~r .r ~n a~~y respect fail ro perform, discharge, exe,ute, efiacf, co~nplete. co~~,Fly ~.~rh and ab~de hy th!s cove~~a~i, or any p.~~i hcreof, se:d F.1i;CF.~.aGFE n,ay piace a o pay for such insurance ur any parl thereoF w;rhoui waiving or affa,ring any op~lon, ,~en, equ.ty, or r~gh+ u~,de~ or b~ v~rrue oi ~his Mert9age, and the full amount of each anci every s~ch payment shall be immedlatety d~e and F;ayable a:~d sha:~ b~~ar inrvresi tro~:~ ~he dara th~reoi ~n~ii poid ar the rate oi nine pe~ cenium per annvm and togrihzr ~nith such interest sha~i ba sc,i<<~d t,y the iien o~ th~s mortgag~. d. To permit, commit or suffer i~~ waste, impa~rment er deterioration oE sa~d prcperiy or ;,ny par, tnereof. 5. To pey ail and aingular rhe costs, tharges aod ex}~enses. Inciud~ng ~ rr:sc~~au'.e atteme~'s fe~ a~~d cosis ot obstracts of t~t!a, incur.ed or pa~d at any time by sa~d MORTGAG`.E, because or in ihe evert uf the fa lure on ihe pait of che sa d h1~RTGNGOR to d~'y, cro npriy and fuily periorrn, d~sch3rge exetu!e, effect, eomp!etz, tomp~y w~!h and ab:de by each and rvery the stip~~!at ens, agrce~„ants, condrt~ons. and tovenants of sa~d p~o~nissory notc ar.d thJs mortgage any or e~ther, and sa'd costs, charges and expenses, each and every, shall be immediately ~iva a^•d paysb;e; Khether or not there be nor~ce d_ mand, attempt to collect or suit pending; and the fu11 amo~nt cf each and e~e~y <vch rayn:em shail beo~ u~r~rest trom the date thereof until paid at fhe rate o~ n~ne per c~~ntuoi per anno:n; ~nd ali said cesis, chsr9es an:: ~r:;;r.s~s ir.cu~red er pa~d, ~o~~•t}'~~~r ~t~ii: wci~ inreiest, shail be secured by thz liz:i of this mortgage. 6. That (a) in the event of any b~ezch of thls ylortgage or def~~;t on th~ part of thc A10RTG.~GOR, or ;b) ~n the event any of s~:d sv~ns of money herain refarred to be no~ promptly and f~lly paid w~rhin th.~ty t30) days nexi a't~_r th. s~n,e seve~z'iy oe;o~n~ dce a:~d payabte, wifhout demand or notice, or (c) in the ever~t each anq evsry the stipu:arions, ~greements, ce^.di~io~~s ar.d tovenant5 0` sa d p:o riss~~: y co!e arc? ti~,s rnurtgage any or either are nof ~uly, promptly and f~lly performzd, C xharg~d, exzc~ted, effected, c~~np!eted, compl.ed r~~th ar.d ac ded 5r, then in c;ther er any such event the sa~d ag gregate sum mentioned in said promissory note then rcrnaining uneaid, with imerz~t :cr.,~ed, and .,~i mcnv~s secwed hercoy, shatl becoma due and ~ay~ able forthw~th, or rhereafter, at the opr~on of sa~d i~'~CRTGAGcc, as fuiiy ar.:! .ompieicly as ii a~i cf s::d w~:~s of muney ~ere ong~nally snpuiated ro be pa:d on such dcy, anything in sa:d pro:n~ssory note or in this Morta~~~ tu tha con~ra~y nor.v~~V~:s!3^~!ng; z:~d thereu~~on o~ thereafter at the opt~on of said M(7RTGAGEE, w~iheut ~of~ce or dernar.d, su~t at law or in equity, therefor~ or tner_af+er brgun, n,ey be pres~c~~ed as ii atl moneys secured hereby nad mawred pnor to its Institution. 7. Thai in the event that at the beginning of or at any !i~ne pend~ng any s~~~t ~ron th~s ~L+o•tqaqe, or !o foicdose it, or to reform it, or to enferce payment of any c!aims hereunder, sa~d MORTGAG~E shaii app y to the Ce~rt havicg ~~r.sd c+ion ti,~_r_et 4er ihe appo;nr:nenr of a Reccivcr, s~ch Court shaii Forthwith a~point a reteiv~r o~ said rrortgayed propervy ail and s~ngu:ar, ir.dvd ng a,i acd s,n;~!3r i' :r ~r,ccm~e, t:rof~as, i:sves ar.d reverwus from whatever so~~~ce derived, eath and every of wh~cf~, it being express!y ~ndersreod. is Fer~;~y rt,orto.~::~d as :i s~~_t:i.;.~;lp .et fcrth ar,d described in the granti~.g and habendum clawa5 hereof, and such Receiver shaif Fave ail the br:acl a~•:d effe.' •t• furcr c:,s ar,d Fo:.r~> in any.+flse enr~~s?ed by a Co~rt to a Receiver, a~ d si•ch appointment zhall be m~de by such Ceurt as .3n ad ~iittid eq~:ty ard c ar!er c` abs~ ~~t~ r.:~i~t ro sa:d A'.ORTG%.`v:E, c~~~d w~nc~ut reference to thz adeqv3cy or inadeGuacy of tne value of the property mortgagn:d or to ih~ saver,c~ er :n:o,~~uy of ;a.d ~1',C~iGAGCR cr the de~endants, and that s~:h rents, profits, ir.come, iss~es and revenuea shal! be appiied b j sucn Reo=i+er ac.ord.,~~ to i~ e I+en or ~•q.,~~y oi sa!d MJRiGAGEE ar,d th_ pract~ce of such Court. 8. To duiy, promptiy and fui!y perform, discharge, execut~, effe.t; comp!ere, c~:~~E:•~ w~ih and ab~de by each ard every ihe stipuiarons, agreements, conditions and tovenants in said promisso+y ne!e and th,s m:rt~age srt forth. 9, That in Ihe ev°nt th^ owrersh~p of th~ rt~~or!gaocd Fre~~:ses, cr anv part tn~are:~, L_co~~ ^s ve>te.i ~n a pe•son oth~r ihan the ,ti10RTGAGOK, the MORTGAGEE, its wccessc~s and assigns, may, ..~rho~t nor.._ :o '_~:'..^.RTGi-:;R. dea. v.:tn •;cn successe• or ;~,r.=es,scr in in±erest ~vi!n referer~ce ~o th~s mortgage anr~ tne de~t hereby secured in tne sa r.,a;~.rer as ~v~t:~,''„~i'~agor v:~'hout !n any ~va~ vit:;t~n3 er d scha~g~ng the 7hcriy~ger;' liabi~ity here- under or upon th> dzbt hereoy sewred. No ¢a.e ei >°s hcreb; r,crtgag~.ci a~'d r.o fo._e~ronca pn the pan of the f.',Ok?G=,GFE or its s~ccessors or assigns and no exrension oi the time for tFe paym.:~,f cf d~~b+ t;r~ci:y ~,:re:.' gl~en bp nc~ ~'•~.RTGAv~E cr its waessors cr ass:~ns, a~;all operate to re!zase, diSCharge, modify changz or a`.fect iha cr~g n:~i I:~l~ of t'r:e h'.~riiGAvOR f.are!n, eitt;zr in wt~o:e or in par!. 10. It is spec~ficai'~y ag~eed that ~im> is of the esse^cc cf thls ce•~~racr ~nd th~at no w~iver of a~; ob; gat:on h_reun8er or of the eb'.i~ation xe- o~red hereby sha'i at an~ t~n;e tnerea,'ter be h_id to be a.:;i.e; cf rhe te;r,.s h_~eor or o! the Ir~str~•,_nt s_c~^ed hertrr. 11. In a:id~t:o.-~ to ihc fore~o~'7 ..^t' F; , ^.1> ot F. i.. ._,d i^ ..~~o~.... cj t,y 't~~.c ~:rc~ . ss~r~~ .~.c . s=.:r_-d F~_ ~b~. .nort:~3~~~ cover~ants ano agrees to ;:ay to r.:ortg'-9ee ..~rn e>:~ r. ;,3,• _:r ~ „c:a.~ s_ ~G _~g: - rc e e.:;r. to 1 12 e+ .;a: cos~ oi the f~;:,~x- ~ng: A-AI! real prope!ty faxas levie:: cr assesscci ag.3~~-,si a~:~~:a des^~.~~.'! es'a?e. B-Fr~n,r~-•s on iire and xir.cisr: m ins~._'cr i;= , r. ed to t; . c• . e~, c~. _ 3t,,.._ d_su~t.ed Nre~r~ses. C-Pre:r.iu^s o~ svcn rr.ort~nge nuar;nty,irs~~~erte as m~~tg~~se s'n.a: ?•c• ro t~~-~ d<.,., i,t to earry on t{,e ,ean 5^.~rFd 'h;~re'by. , , . Nlvrtgagee 5~3 i fren n^.e to _ n~ :f n~,c~t:c3er ,n v.~ t~ry of .,~v d:_ a-ei `3,a he-r_md~r c~d s:c~, ss^ s%'~ _r_opon bN d~~~ ar;d ~ ayab'e on tisc d.:~ dat~ of rF.e n.:x~ ^,o ;•h ~ r.~ ,.,r a d e_c' s., ~ ve , m~.•,3;e_• se, ~ ,r.' _ ;~~c: cf a chan~e m svch j nr~~nr. S~ch sums sFa'.I be ap~ ~ed 6y mor g.__a to..a•ci .~y s of r c, _rt~ t~xes. insr~.._ c"~.'vrs. -.1 n,;,r!~,g.~ gv~ranty irsurance pre~~~ums. iN VJRNESS `~JHERcOF, the sa'.d l`AORIGAGGR has h~rr...-~to :e~ hls h,~ d a-d s~•ai t!-,~~ snd ye~first ttforesald ~~ign , Sealed and +er d' the presencc cf: - ~ ~ ~ ~ / . -.C ~ _,~~~_L i -(Seal) f-J--- L-'- (Sealj - - _ -l5eal) - - ~Seal) STA7E OF FLORIDA ~ } SS. ~h.? Tlt T:U!','~ A _ ! CrJUNTY OP _ 8afore me personally appeared _ L-r~J~~ ~~Z'~Hx' 'y'~alker~~ 31T1~ZF! _A~~J~} ~ ~ _ J_~_ _ _-_Jgf1C3G~Tr, fo me weil 4nown and kno:vn to me to be the individua' described in and ~rrho exec~ted th~ forago~n~ irstrument, and acknowiedged beiere me th,at ~f~rv~executed the same for the purposes 31'1~ the~ein expressed. E1?(cD'CDSe~Cs1G~-- - aYif]C~6E~CtI~a~sX'c~X - - u~~~~reXiFDCry`G~iGte '+E9~C'7~'4~!~'1CE3[?!'lEX~9Q 7t4Ptl4~CeJC~+<1C~''K'~<a4')!F44~'f~X3~4C9~kD~4C9Q Jt~C]~ICfsYtDC tit~: ti4~( Xh[ ~C4aEdt s'~J[ ~74d~~7CeXtXf1~~[~b4~K 7rc7GD~E r*'?~YXaR~CX'Sr~eC9('7CXt~fi?~!~Rl{JF?l~xa('7~7@A4?~ 74PCf~?C}Cb:9i-dC~!'4C4~1C04X~J{b~~C W(TNESS my hand and offit~al szal this._ ` day o`_ •Tj~,~,l~ A. D. 19_~__ I . t~c!•_. C.-~L~~------ Notery Pubi:c ~n and 'or the State ef f;orida at Large ' F.',y Co ~ ss~on expires: Reru~n To: N0~8Yy' Pil,^,li^, S!~te o' Fbr~da at , 'rs! Federal Savin s 8 Lean As3oE 1~1r4r~ AN ~~C'~R~~~ . 'r y ~ ~_0^l':i'iS,Jt1 ~._`S i jf,y p~ P. _ t~,~l~_q~OK Eo-:ce.+., ~r,_an ;,,rr• ' ~ . . ~ . , J 'J: . ~ : . ~ ~CZ~~ ; ~;F; 3 . 6 . .55 dll1~ ~ ~ ~ . r ? r'1 . V . 1: ' , l~ L ~ ~ r\ ~ ~i~C{r COUNTY. ~'LQftiD~. ~~,"t 1~~ ~~7 ~ ~r.~~ - - - - . ~