HomeMy WebLinkAbout1494 3. To pla.e ar,c+, cont;n~o~si~ keep on ~h~ b;.:le:,:.ys e. ~,r.~,:•e. ~,r., +r~ ;.::.i .,n;i : ~ pernena':y covered 6y thia mortg.
ege, wi~h ell prtmiums !hereon pad in fu!I, f~r~ s~ .:.•cc ~n tl,_ ..s...l sr; 7.a~:1 F.e'~cr tonn ,°~,,;~u.c:i cr !ht ".1~;h~:~.~u~f, and ~nindstorm
insuranet in the ~s~al x!andard po'.cy ferm, in a s. .3~ n:o.~d r, ~he M•`RTG~~~EE. i~ wch eon ~~ry er c.:~; ar..es ~s t6r h10RTGAGFE may
Clitett; a~d all fire and w~ndsiorm insuran:e po:it«~s .~n .~r.~ af sa'J i:ul.d nys, an;r ~nte~~~~~ thc.~~n or ~~art th-..~e~~f, in !he agjr._3~re swn aforesaid o+
in exteu Iherzof, shall -.ontain Ihe us~3i stardard mor!~.~g:r c,a:s~: ur ~uch o~l~a~ t~.~.sv as the t:.^rtye,;~e n:ay r~.~,,,re, mak~ng th~• .oss w~der ~~:d poli-
cies, each and evc:~. Foyab!e to said ~ti4~JRiGALEF as _y _ ~ea. .,el :,a;h ,..:1 ~.rrv ,.,:h i: sh;', c:ro~r•.pn~ d55a•eC1 a~~d delrvered ~o
eny held by sa~d MORTGAGEE as fu,-the~ s»cui~ey ro sa,J "orr~.+~ d:bt~~.~ :i r,.. ,~~ss than t,n cIC~ ci~,s ....i..~ ~c of~thc e~F~irciton of each po!lcy, to de-
~iver ro aaid MOR?GAGEE a renewal thereof, !a~e~her v~~th a r::ei~:t tor ~h:~ p~..~• of s~ch r~•n~~n.; ~,;i rt:•.re s%~a!~ i•e no f~re or .•.indsro~~r, ins,~rance
placad on any of said 6ui!dings, any intereat there:n or part rhereo': uniess in ~he foi~n ~r~.d w,rh the ~css payab e.,s aicresa~d; and in the evenr any sum
of money b~•comra payable under a~ch poi~cy or poLc~_s sa~d MOkiG~G=E sh li t,;,~ ~h~~ o~ ~ o~, ~o ~ec,:._ , t~,~ s:~~::e o~~ .+:~ou:~~ of ~hr ~~rd~b~~•d
neaa sec~red hereby or ro perm~t sa~d MORTGi,G045 ro rrc~~~a e:.d vsr ~r o. ~t..., ~ ..;e:: _ ~ .
ing any eqv~ty, lien or right under or by virwe of inh morcg~ge; and ~r~ ~he ev~~nt s_> d h'OnT;,AGOk> stv'i fe• any rc.+son fa~l io kecp ihe said pre~n;sasJso
ins~red. or fail to deliver pr~mptly any of said pol~ci~•s of ins~eance to sa d~10RTGAG~E, cr i.; p.,~ io E,ay f~~;y any e.n~~::n tMer.4or o~ in any.
resped Fail to perform, discharge, execuie, effecr, con~p'er,.-, con,:y w~~h a:~d ah:de b•; Th~s cove~~+•:!, or any ua;t h~~reof, sa~d M~.;RiGAGtE may p!ace a~d
pe~ for such insurancn eny part the!eof w~thout wai~ing or aif~~uing any opt~on, lirn, eqwty, or r~gV~r under or b~ viriur of rh~s hlortgage, and the
tull amoum of each and every s~ch pay~nent shail be ~mmedistely d~e ai~d uay~bie and sh~il b-asr intrrest fro~~~ tho date thcrcoi ~ntii po~d at the rate ot .
nint per centurn per annu~n and to~eiher with su:h ~nr~~:~a! ch~~~ sec~~red Ly the ;~en of th~s mortg3y~_.
4. To permit, ~ommit or s~ffe: no waste, impairn:en~ or detrrioratic:~ ot sa~d prot:eriy or any part thereof.
5. To pay all and sinyu!ar fhe Costs, tharges 3nd ex}'c'mas, ir.c:i,dii~~ a reaienab!e artomry's fe; ~~,d cos•5 of abs~rac's of r;;;~, incuned or paid at
any tin~,e by sa~d MORTGAG`.E, because or in thc event of fn~ fiiur~ on ti~~ n~rt of :he s,id ,1~~.ORTGAG02 t;.~ du'y. pro~~rt~y and f~~iy pe'form, d~scnnrqe
sxewt~, effecl, co~nplete, compiy w~th and ab:de by e~cn and every thr st~e;~'a!:ons, agrc•~~~~~~~~ts, con;~~fiors, a„d cooe,~ants ef sa~d prom,issory notz a~•d th~s
mortgage any or either, and sa':d costs, charges and expensas, e~ch ancl ev_ry. shali be invn~•d+atc•ly d~e and pa;ab'e; wlic!her or not there be ronce de
mand, atrempt ro col:ec~ or wit pEnd:ng; and rhe fult a:nount of eo:h and ev~~r; s~;h 4;a;n:en~ shoi~ b~3~ ~r.~~:es~ fro~n the dare rhereof ~nrl paid at the
rate oi n~ne uer cenrum p,,~r ann~n; anc ali said cosis, ci~ar~es a ui ~,~n;~•s ;ecu:rod er po~d, royrtt~er ~~,;h svch ~r,te:est, sha~l be sau~red by the lien of th~s
mongage.
6. That (a) in ihe event of a~y hrea.h of this Mortgage or dciacit on ti» part of thc :10~TGAG,?2. or ,h! in the ev•~nt any of sa'~ Sums of money
herein referred To be npi pr~mptly and fully paid w'ith~n ih riy ,3J) da~s ree.a' a?t~ . th~• sa•ne s~ .era :e:omr d~e and payaE~!e, wAhc~' demand or notice,
or (c) in the event each and every ihe stipu:ations, ~gree:nants, cor:d~tio~,s ar.d cov~~nanrs o! se cl pra~,iss_:y r~ot_ ;r.J th.s mortgag•~ any or either are not
~ufy, promptly and fully performed, d scharg~d, ex_~iuted, effe,rrd, co:np~er~~d, ton~pl:ed w~rh a,•.d ab~d_ d tiy, fhen ~n e.?h~•r or any s_~ch eveM the ~a d ag~
greya!e sum mentioned in said pro~rissory nore th-n re:naining onea~d, w-ith i~;!ere~;t a:.r~~d, and .,.I n,c~n~•,s s_:ured hereby, shall bc~come due and pay-
able fori(iwith, or rhereafter, at the ept~on ei said '~1~~Tvi+G~E, as f~i~y and cor.,c'~~~e:; cs if a': cf _ s.:;d s~;,~s of i.~oney here or~gina:l,v s!~p~:ated
~o be pa d on such dsy, anythin~ in sa d pic:n ssory note or in tiils 1'.5ortga~c ro it~c cen!•arf not.ti;~ns:a ~d; ,g; ,:nd 1herLUF:on or the:eaft~r at !he oF~~on cf
said MORTGAGEE, without r.otice or demard, s~it at law• n~ in eq~;r~, th•;reicrr o: th•_ieatr_r bey.,n, c.,y bc p;uscc~ted as if atl rnoneys xec~red Fereby
nad matured pr.or ro ~ts instit~tior,.
7. That in the eveni ihat at the beginn~ng of or a; ~ny !~~re pend~ng any sv~t upo? th~s Ncrtg>ge o~ to ioredose it, or to roform it, or to enforce
payment of any elaims F.ereur.der, sa~J P,',OR1Gi+GEE sF~a ~.~E~.Uiy to th~ Ce.;ii hsv~ng i~;r:sd,:t:a, t1~_~•_o! fi,r ii~~ aE~r~,nbnem of a Receiver, such Co~rt shaii
forthwith appoint a rece~ver of said mortoagc•d preperty a;! and singuiar, inc'ud ny ~~i ~:~:d s•._:~ ~r e irto•nr, ~,~c!its, iss~•es ard reve::~es from whatever
source oerived, eath and every of wh:ch, it ~~~rg pxp;~~cs!y undeistccd, her~.~+; inerr~e_;•_d ;s ~i s~ ec `::..:.y s~t fcrth and desuib~d in the granting and
habendum ciauses hereof, and such Recei~er sh.,il ha:a b~o d and eif~cr:~~, fw cr.e:•.a :~:d po.tir•s any:v;;^ c~nL~:sred by a Cu~~rt te a Rcceive:, and
scch appointment shall be made by svch Court as an a:J,,it!•:d eqo,ty ar.d a r.~a!rer ot a:,;o',ure r:yh~ sa,d '~,;)nTG%.G~E, ard wi-ho~~t reference to the
adequacy or inadeq~acy of the va!~e oT t5e r~c+Ferry rt,ortgaged er to thr s:,.v•_nc; or ~~:c:r. ncy ci sa;d l~.vki.^,:+GCR or the de~?endants, and ~h;t wch
rems, protiis, intome, iSSUes and rever.ues shail be a~~pred by S~~cn Re:r:r~r c.c•ard ::y t~ the lie.^. cr ey.,~t~ of sa d A'~ORTGi1GEE and the praUice of Suth
Court.
8. To duly, prom~t;y aed fully perforni, d{<_charge, r_xecut;-, ef'c,+, conp!e!~~, CC~~ {:.~y ~~;,h a-~d ,~•:d_~ b~ ea:Pi and every the s!ipulations, ag+eements,
cOnditions and eavenants ~n sa~d promisso~y nc!r_ and th s~n~rt~.ig= s,•r forth.
9. That in the evert the ovrnersh~~ of ;F_ r.-~c.rt;aged ~vc .~ses cr an; pcrt tt:. rr.`. t:._,s^r s ve~'_J in a r.erson c!her than the MORTG4G0~, the
MQRTGAGEE, its SuCCc^550/5 ar,d ass~gns, may, ..l~hou~ r,cn;~~ te ~Fe d_~.3: .;rc.•;sor or s.;--~--s;or ;n .:~terest ~•:~th r:ference ta tf~is
mortgage and ?he deb~ hereby secured in tne sa~r.~ .,~3r~ as ..,~h ~g;,^or .v rF,:~~r .a~ .~f ~i~^g cr ~,:c'~~a, t'r,e ,.~cr.yagors' liauiliry h~re-
under or upon the debf hereby secured. No sa:e cf '.e E/•~_ s•~s hereby n,ert;;ayed ard ni;,fc•_,c:v:~ o_~ cn !he parr of,tne :',ORiGAGE~ or its succe;sors
or assigns and no exrension of the rim~ for tne pay~~. ni oi r c d.l;~ {;eret:y s•x,red a~:~_.^• b; ~~~e . RiG:•GEE c~ irs svccessors cr au'gns, ~hall operate
ro release, d~scharge, modify change er affecr the orig.na~ :.ry oi tn_ h'.URTGr?G02 i,_r~~~n, e~ther !n v:ho.e er in part.
10. It is spec~ficaliy aoreed ?hat tin;e is of th.~ esse ce cf tt,:s cc-:•r::ct and tha! ~•o wa:ver of eny cb':~rs'on hcreur,J~~r or cf the ob!igation se-
e~red her?by shaii at any time tnereafrer be heid to be a,.;~:cr c' the ?e: .s F+e~c or c~ rhe i~s~~:; • en~ sr~.:r~ J hcrby.
ll. in adJt:e? !o tFe fae~c':3 monih'y F;~y,•,~n+s o,~- . r~i , c, rV, F, o: s~;~ r~! s.c;rcd h,~~by. me'tgegor covenanrs
and agrees ro pay to morrg:~3ee with eath n-onfn ; c.~~. ~.!-i ~oal su s• i,; r.~o•~~,~,,> to be equa~ to i 17 G{ }t:!' d.^.r1Vd1 cost of ihc fo!iow-
ing:
A-All rea~ property taxas !ev~ed e* assess..: i c~:,.,s. a~:~.~: ti..;,.. ci ~.~at:.
B-Pr~rr: u:ns on fire and windsre~n: insur~rce i..~._.: _d to i:; c_•~':.:. c, tn_ , ~v_ ~;,,,~s en t;:_ abcc.: dcs:r~F,r.d premises.
C-Pre:riu^ s o~ ~ueh mort3age g~ar,^ty i~ sw~ :s ..._•r._~a~:.,•. sh, ' i,y.. , rc d._t.; , f t t~ c3,ry en th.a •:~an sec. reci hereby.
Morrgagee sh~!i E~em tirr~ to f~rc r.on+ti m:.rt;;:,~:.r r~ N,r~tcq o~ ~he o ~ d:: ..^c! ;~yab'.~ t;•.,rc:-cf,• a,d vch s~•-; sh~.I th~reupcn be d~e and
c.ayab!e on tne d~e da!e of th= n~xt n•:o~tl, p~, , s.,_c.:s~ . af•. ~_e_ sh, ~ ~t.iy rro!7~~_or of a cn~ngz in s~cn
_-;cunt. Such su:r,s sFa i be ap~~;ied b; n„ ~g~y:_ ~.u ' F:,; e--,~ c` . f1« ~t; •:3~es ~sr. f;.~ rs. .:i .~,ertg33~ g~~a~anty insurance
premi s.
i VJfTNESS V' -OF, the sa~d hlpRTvi;GOR l:ac i.^rec-:to s^_t his h~:.d ,.rd s_.~; tt,_ :!:ey ar,d year (irst aForesa~d.
5i nec~ _,Seal and e~v ed in the presance o.': C: p~J~ j~~
~I~.~ i/'/GY ` r L
% - /,j (Seal)
~,L f ~1r~ I 13 (Seal)
/ ~
- -(Seal)
(Seal?
STA7E OF FL021DA ~
cour~TY ~F S~; LLiC ~A ~ ~ ss.
BeforE me personaily ap~eared ___~~~fl_ba~a'~' and
_ __.____S"rl~.si,~.s_~elal ker _ his v:ire, !o me •.vell kncwn and kno::n to me to be
the ind~vid~ais desa~bed ir and who executed ths foregoing instrument, and acknow'edged 'oefore rre ~hat they exec~ted t'r.e some fer the purposes
~~~,ein expressed. And the s~ld---------- __~~'ileC~V~9 w.~~ke2'_------------ -
.r.ife of the said --.__~:}187'~j A{/~$l,k,@r_-.--,--~-._~---~_, ~pon a separate and private
exam~n~t~on oy me taken separa~e and aport from her s~;d h;,sbsnd, acKno-~v;edged to and befo~e me tnet she execu'cd sa:d insvument free:y and vol~n-
tari~y ard ~r;thcut any comp~;s~on, co~:stra;nt, accreh~cs or fezr of or fr~m her sa~d hcsb r.d:
r
WIiNES~ my hand and of(ic~al seai rh s. _ dav of_ _~~@_ , A. D. 19~_
~ _ - , -
f 'ct~rv Pui~'~c in and for ihe Sta!e of.flQrid~''d{'C~o9P.'''~
~ h1y Ccm•1: ss'on exrnres: A~~d
Retvm To: ~ ~F . ^ ~
. rs' federal Savin~a 8 Loan Assec~~t on ~ a '
oE ;a,. ~ „y ,lr
a~ 1~@~ ___-__.BOOK •
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