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HomeMy WebLinkAbout1507 ; ~ . ~ And •a~d Mengagor~. far rhemselve~ and ~heir he~rs, legel represenutnes, svcceuws ~nd auipru, h~roby ic+intly ~nd Kwully cov~n~ro •nd p.n ' to snd wi!h the ~a~d MORTGAGEE, ~n s~ccesso~~ end asuyns. ~ 1. To pay all and Yinguler the pnncipal and intnreit and the variau~ and ?und?y sum~ of monty p~y~bi~ by virtw of taid promiiwry noh, and rhi~ .mor~gage, each and every, promptly on the deys respective(y th~ same s~ve~~lly betom~ dut. 2. io pay all and singular th~ taxes, •s~estmants, levie~, li~bilities, oWi9atio~~ •nd ~ncumbanc~s of ev~ry natvre and kird now on s~id d~scrib~o property, or thst hereaher may b~ imposed, suffered. piKed, leviett, or ~ssetsed thereon, or tMt her~+iter may b~ I~vied w ais~s~ed upon this MortQ~ ~ye, o~ th~ Indebtedness ae,c~red hereby, a~ch •nd every, whan dua and payabi~, .ccordirq ro I~w, b~for~ fhey bRCOm~ drlinqv~nt, ~n~i befon ~ny {nMrnf etraches or sny penalty ~i incuried; AND INSOFAR AS ANY iHEREOF 15 Of RECORU THE SAME SHAII BE PROMPfIY SA175~IED A4D DISCMARGED OF RECORD AND TNE ORIG1NAl OFFlClAL OOCUMEN7 tSUCH AS, FOR INSTANCE, THE TAX RECEIPT OR iHE SATiSfACTION PAPER OFFICIAILY ENOORSE~ OR CERTIFIEO) SHAII SE PLACEO IN THE HANDS OF SAID MORTGACaEE WITHIN TEN DAYS NEXT AFTER PAYMENT, snd in the •vent thst any tFHrwf ia noe paid, sa~~~ficd and d'+?charged se'd MOR~GAGEE may ar any t~me pay the sanw or •ny part ther~of without waivinq or affectiny eny option, lien, ~quiry or n~ht under o~ by vi~~~e of this mortgage and the futl amount of each ~nd every •uch p~ym~m thall be immediately due •nd piyab{e •nd fhall k»+r int~r~ft kom the da~e ~he~eof ~nt~l oa~d ar rare of ~iyht per centum per •nrtum ~nd to9efS~~r w~th su<h int~resr si~alf be tec~red by the l~en of th:f mo~pta9~. 3. To plan ~nd continuausly ksep o~ tlw buildinq~ now a h~rNhsr ~ifwN W1 Nid 1~ekl and an ~li rqulpm~n~ ~nd pnsor+d?y cowr~d by thM mwrp~ pr, with ~II pr~mlvms ihN~on psid in full, fin inwrrnc~ in tM uw~l ~t~ndard policy form, in • ~um ap{xowd by tl» MORIGAGEE, and wlnd~torm Inw?u~p fn tM uawl ~tsndard palicy for++, I~ a wm ~pprov~d by ttw MORTGAGEE, in ~uch comp~ny pr comps~iti q th~ AIORTGAGEE may dirM; sAd •II iir~ and windatwm k+wnnu paikiei on ~ny of uid buildinp~, ~ny int~re~f tMr~in or pan ehe~~of, in tM ~qp~p~tv ~~m afa~id w ~n txcsu N?~rsof, ~hal1 cont~in tM utual ~tend~rd mcxtyM7H cla~tr w such otMr tlaus~ tM Mort9~qN may nquir~, makinn th~ loa und~r uid polF ct~s, ~ach ~~v~ry, p~Y~bl~ to s~Id MORTGAGEF its int~rest may ~ppir~r, ~nd ~~ch and ~vsry euch policy shill b~ promptly au.qMd ~nd d~liv~?~d to ~ny h~ld by f~id MORTGAGEE a~ furth~r ~ecurity ta tsid mor~q~qe debt, ~nd, not I~a than tM (10) d~y~ in advant~ of tM •xpir~tion of ~~ch ppliry, to dr liver to asid MORTGAGEE a renewel ther~nf, to9etF.~r with s reteipt for tht pnmi~m of such re~ewsf; and th~re ih~ll b~ no fir~ o~ wJndstorm in~urant~ pl~t~d on any of s~id buildinq~, any interesf thsrein ur part th~rwf, unless in th~ form ~nd with ths ios~ pay~bl~ ai ~fore~aid; and in tM ~v~nt •ny ~um of ma~r~ b~comN payabl~ under ouch policy w politieti said MORTGAGEE shsll have tM optio~ tu receivs •nd apply tfi~ ume on ~ccount of rh~ tndebred- n~u s~c~r~d h~nby w to permit said MORTGpGORS ro recelve and uu it a~ny pert thereof for other p~rposes, without thereby weiving or imptir• Inp a~y puity, Ilrn a ripht und~~ w by virtu~ of this morty~y~; ~nd ln the ~v~nt Nid MORTt'iAGORS th~tl fot ~ny re~wn fail to ke~p tM said pnmiiaf so intund, w fa~l ro del;ve. p.on:o~iy any of iaid policies of in~ur~nc~ 1o said MORTGAGEE, or feil premptly to pay fully eny premium th+r~fa or in sny resprct fail to p~rform, disc}fuye, exetute, effcd, complete, comply with and +bide by thi~ covtnant, a any pan hereof, ~sid MORTGAGEE may place ~nd pay for such M~urartc~ ~or ~ny part thereof withovt waiviny or •ffectiny •nq aption, lisn, squi!y, or right under a by virtuf of this Mwtq~q~, ~nd the full amount of ~ech ~rx! ~v~ry tuch paymsrtf ~hal! bt immediately du~ and piyabl~ •nd ihall bs~r interest fram th~ dat~ thsreof untii p~id th~ r~t~ of nin~ p~r c~ntum p~r ~nnum ~nd together with fuch intersst shell be secured by th~ li~n of thif mortseq~. ~1. To p~rmi*., commit ar ~uffer no wexte, imp~irmenr or deterioration of ~aid prapfrty w iny p~rt ther~of, S. To pay all •nd •inyul~r the cosh, charge~ •nd expenus, includinq a re~~on~bi• ~ttomey'~ fce and costs of •bstr~ctt of Htls, tncwnd or paid et r~y tim~ by taid MORIGAGfE, becau~e tx in thc ev6nt of ths f~ilur~ on th~ p~rt of tM uid MORTGAGOR ro duly, promptly end fully ptrform, di~har~~, •xscut~, eff~et, complets, mmply with and ~bide by •sch ~nd every the stipu~++lio~a, ~qrMments, conditiona, •nd coven~nri of said promitwry nots •nd this mortp~y~ •ny or •ither, snd se~d cosra, c'-erpes and expenie~, eech and svsry, ihsil Fmmed;atsly d~e and payable; wFethar or not th~r• b~ notiu d~ mand, ~ntmpt to collect or s~it pending: and tha full amount of e~ch end e~sry sueh payment shall brar interest from th~ dare thereof until paid •t tht rste of nins per <entum per annum; end all said <osts, charQei and expenses incurred or paid, toyether with ~uch inrereyt, ~hal! b~ rxured by th~ lien of ttiii ~D~W 6. That (n the ~vent of eny breech of thi~ Mortgag' or default on the pars of tha MORTGAGOR, or (b) in tF» fvsnt •ny of f~id sumf of monsy h~r~fn r~ffrred to ba rtot promptly and fully paid within thirty (3Q) dey~ next after ihe same teveratly betome due and payab!t, without dem~nd or notit~, or (c~ i~ rh~ sv~~t each and eve~y the st;pulationt, sgreements, conditions •nd coven~nts of ~~id promiiwry note and th~• mortpaye ~ny w e~th~r ~r~ not ~uly, promptly ~nd fully performed, d~achar~cd, executed, effotted, completerJ, tompli~d with and sbided by, then in e~ther or ~ny ~uch fveni tha 1~id a¢ qrty~t~ sum mentiontrd in said promisaory note then ramaining vnprid, with in~ersst accruetl, ~?nd all money~ secured hereby, rh~l{ b~corrro due and payr~ •6~~ forthwitfi, or tlHereafter, ~t the option of seid MORTG.4GEE, as fully snd completely as if sll of the feid ~um~ of money were aiqinally stipui~t~d to bo p~id on ~uch dey, a~ything in ~sid pmmissory note or in tha Mortyage ta the wntrery notwirhstonding; and thereupon or theresft*r ~t rM aption of s~'ed MORTGAGEE, wifhoui notics or damand, tuit at law or in equity, therefor~ or th~re~ft~r beyvn, msy be prosecuted as if •II moneyt ~ecur~d Fwr~by Md nutund prio~ to itt iru~titution 7. Th~t in fha event thet ~t the beginning of or at •ny time pendinQ •ny tvit upon thi• Mortgaqe, or to foretlo~s it, or to reform it, w to enfor[~ paymanf of any claims he~runde~, said MORTGAGEE shall apply to ihe Court h~vinq ju~isdicrio~ thereof far tht appo~ntment of • Receiver, suth Court sh~ll forthwith •ppoint a receivar Of said mortpsyed property sll ~nd ?lnyular, inc~udmy •I1 ~nd singuler Ihe intome, profits, issut~ •nd ravsnues from whet~v~r wurcv derived, eath end every oi which, it being exprealy understcwd, ii hereby monQiped e• +f ~pecificelty tet forth end describ~d in tM prantiny snd hakkndum cl~usss hereof, and such Receiver shell have ~II the broad •nd effectivo functsone ~nd powers in anyw+?e entruited by ~ Court to ~ Rruivs~, •nd avch •ppointment tMll be made by such Court a~ an admitted equity and a rt+att~r of •6solute riyht to ia+d MORTGAGEE, ~nd rrithout refetenc~ fo th~ adequaty ov inadequety of the valus of the property mortgag~d or to the solv~ncy ar inaolventy of wid MORTGAGOR d th~ deftndente, •~d th~t •uch r~nh, prafits, incom~, iuue~ and revenuo• shall b~ •pplied by such Reteivrr sccording to tM lien w aqvity af iaid MORTGAGEE ~nd t~e pr~ctiu of wch Court. 8. To dvly, promptly and fully perform, discharge, execute, tffecr, compteoe, comply with ~nd sbide by eech end w~ry tt» ftipvlatiom, ~qrwmenb, co~ditions sr~d cavenants in said promissory note en~ thi~ mortga9e ~et forth. 9. Th~t in tfi~ event the ownership of the mortga9ed preenises, or •ny part thereof, becomea vested in • perton other th~n tM MORTGAGOR, the MORTGAGEE, i!s tuctesson and ayeigns, msy, withovt notice !o ths MORTGAOR, deal with •u<h tuccewo~ ar succesaor in interesl with ref~re~t~ to this mortpap~ and tFp de61 hereby secured in the •~me manner with Mort~s~or without in •ny w~y vitieting or~dixharqinp th~ Mortgsyors' liabiliTy hert uncbr ar upcx~ the debl haroby uwred. No sate of the premius hereby mortqsyed and no ~orbearonte on ~~~e p~rt of th~ MUftTGAGEE or iit sucusson ar usipru ~nd no ~xtension of th. time for the payment of th• debt hcraby ~eturtd ~iven by the MORTG~>~~fE ar its ~ucceasor~ or siaf9n~, ~h~{I op~rat~ b rvlep~, discF+~r~, modi4y ch~ny~ or •ffect the oriyina! li~bility of tM MORTGAGOR heroi~, ~itMr in wiw~e or ~n part. 1~. It h tpetiffcally ~grmed that time is of the essence of this contr~~t •nd th~t no waiver of ~ny obligetion }+~revnder or of th~ obliqation c~~ cursd h~t~y shall ~t ~ny tima thereaftsr be held to be a weiver of tht t~rmi herwf or o` tfie instrument ~tcured harby. 11. In addition to tfie foregoing monthly paymentt of princ paf snd interest required 'oy the prom;saory rx~te ucurnd hereby, morfg~gor cown~nfi •nd ayrees to pay to mort9agee with each monthly peyment an additional aum estimsted by mort~~gee to be eqva! ra 1/12 of the annual cost of tM faltas~- A-All real property toxes levied or e3sessrd sgainat tfie ~bova deuribcd resl estate. 8-Premium~ an fire •nd windstorm insurance es herein req~~red to be carried on the improvements situate on the sbove deic~ibed pr~mife~, C-Premiuma on such mert9aye gueranty insurance as mor;gayee shalt from tima to t~me deem fit to car~y o~ the loin securad heraby. ~ Mortyaqee ~haN from fime so time notity morrgaQor in writinp of the rmount dua and pay~bla hereunder ~nd tuch sum shaii lhareupon b~ dw ~~d p~yable on the due deta of the neat monthly payment •nd each successiva month thereaher until mortgigee shatl nqtify mortQayor of a chuqe in such ~ ~rtaVnt. Svch wma fha11 be appli~d by monyage~ toward the p~yment of roai property taxc~, lnsvranu premiums, ~nd mortpsfle qwnnty inturance smium~. i IN WI7NE55 WMEREOf, tFw id NSORTGAS'aOR h~s her~unto set hif hand and seal the day •n ear firit aforessid. ~ Sipr»d, I~d ~nd dNivK In pns~nc* of: ? ~ - ~IL~~ .~P~~ ° , l f~~ . ~y~~~~~ ILi)I\ w ~ +D .Y,,_..-- n-~n ~e..,~ ( , t(~ ~ ; ~Q ~ - - ~ A I.~~~ 4~~-~1~ 1 R I~ V ,r~,`,~ r .ti.~c~ STATE Of fLpRfqA . -i - COIiNTYOf 'A?~~c-'• ~l~~g ~T~~G~~~l.~lf i~r`,:i~ LL~i':R ~~~~L,,.4,% , . l~F~'~; ras . p*ri0natlsi ~~ped v 1 . ~ ~ 1. /a ~ Y ja~~lR ~ ~ ~ ~ ~ ; Helen I~, Lucss , n:, ro m. W.u k~~,=.4'e~x~, <; ; ths ~vido~Ji tleacrilwd fi,asd wb •x~cutsd fh~ fw~oi In~tr~m~nt, ~nd ~tkrwwlsdp~d t»forw ms that thsy •x~cuted tiM`~ms ~-'Ea tF~ pqtpq~M ~ ~ ° elen N. Lucaa ~ :ti.rr~ .,~.....a. ~»a r~,. p w+s. as +i» w~a I~Sish Luca$ ~~«;'~.:p:~`~ Ncamiri~tiq~;bY- rt+~ t~1c~n'sp~eh ~nd •psrt from her s~id husbond, acknowled9ed ro~nd beforo me ihst •h~ exetuted sa;d instrumrm4~ftrMljr ,~R+d ~+c~wr . tsttly' ar~ wit!?wit•~ny torwp~iion, constra;nt, enprshsntio~, cx fear of or hom h~r s+id h~sband. 4V/T1'IEiS. m~rli~rr~ an21 officE~l wel thi~ - Z~t~1 dsy /l 0. 19._~ . No4~ry Public In and for of f{aid~ at lup~ Rerurn To: / My Commiuion expir~~ f y Nota +c, Stale o{ t;o . - Citi:~ns F~de~al S~vings 1 4oan A~saciation ~1r Com:nisaon Ex~~re: {`1oY of St. ~Ift1f COYnty ~~Pid~d fY Fnr,~cen ~,a y•.=.~a.i~ Co. F+. Piarce, flwida h4ik 3a~ r.`r~ - .