HomeMy WebLinkAbout1509 And seid Mortga9o~~: for ihemie~ves ar.d their he~rs, ieg~l r~p~esent~thes, }ucceawn ~nd u~~qm, heroby jointly and wwr~lly cove~am ~nd aqrK
ro and with the ~eid MORJGAGEf, i~s wcceesor• and aiaiqns:
l. To ~ay ~II erd sinyutu the principal end interr~t and ~he verious •nd wndry wmi of monay psy~bl• by virtw of ~~id promi~sory raN, and thi~
mortpa~e, each •nd evnry, prompliy on the days rrspectrvely the a~me ~avar~Hy becamr du~.
2. To pay +II •nd ~ingular the taxes, a~sessmenh, lavies, ti~biliHes, obliy~rions and ~ntumbr~MH of wery natur~ ~~d kind rrow on uid d„crib~d
properfy, or fh~t hereafter may b~ imposed, wftersd, pl~ted, levied, or ~aesud th~reon, w/Mi M!~afta may b~ levi~d ot a~~R~d vpan tl~is Mwtp-
aqa, or Ih~ indebtedness •ec~red hersby, each •nd every, when du~ and payabfa, ~tto~dinp io taw, befor~ tl+~y btcom~ d~linqwM, ~nd b~for~ sny In»nq
•t~aches or eny penelty is irt~wred; AND 11VSOFAR AS ANY THEREOF I$ Of RECORD THE SAME SMAII BE PROMPTLY SATISFIED AND OISCHARGE4 Of
RECdRD ANV TNE OR!GltvAl OFFICIAI DOCUMENT lSUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION f'APER OffiUAtlY fNDORSFD
OR CERTIf1ED) SNAII BE PLACED IN (HE HANDS Of SAIp MORiGAG[E WITHIN TEN DAYS NEXT AFTER PAYMENT, •nd in the event th~t ~ny thereof i~ not
pa~d, ~ati~fied nnd discharged aa d MORTGAGEE may at any t~m~ pey the ~ame o~ •ny p~rt Iha~~of withoul waiviny or aff~ctiny any option, lisn. ~yuity ot
.ipht „nde~ or by virtue of this mo~tgage end the full amount of eath and avery futh paym~rm sh~ll be immed+ately dw +nd payabls and th~ll b~~t inte~~tt
4orn the dare thereof uMi! paid ar fO~C of ii~ht per cmtvm per anrtum •nd toyeiMr w~tl~ wch imerefl ~hall be yecured by IM lien of th:~ moryt~y~.
3. 1o plac+ and canHnuously kNp on tM bufldirp~ now or Mr~aftK ~ituN~ on a~id I~nd ~nd on ~II ~quipma~t ~nd prrwMlly cov~r~d by thi~ matq~
p~, with ~!I pr~mium~ th~rroe~ paid in full, fir~ irkur~nes in t!a u?u~l ~tardard poliey fam, in • ~um approwd by tM MORTGAGEE, a~d wlndaform
kuwa~o~ in tM uawl ~tanderd polfry form, in a ium appror~d by tM MORTG/IGEE, In ~vch comp~~y w comp~ni~s q tM A10RTG11GEE rr,Ny
dlr~clJ and ~II fir~ ~nd winditorm i~suranc~ polici~t on sny of a~id build~np~, •ny int~rsst ther~fn a wn th~r~of, in tM pqrp~t~ tum ~foreiaid w
In ~xs~ tMr~of, ~hall tont~in tM uwa! st~ndard mwty~9N ctws~ or such orh~~ clauN ai the MonppN may nquir~, m~kinp the lou undtr aid polh
tNs, Nch ~nd ~very, payable to uld MORTGAGEE _~s its int~rpt may ~p~ar, a~d e~ch and wery wch polity ~hall be promptly ~u,yn~d ~nd d~liwr~d to
, ~ny i?~Id by said MORTGAGE~ af further security to said mw~p~9~ debt, and, not I~p tF»n ttn (t0) diyt in ~dwric~ of tM ~xpi~~tion of Nch policy, ro da
' liwr to uid MORTGAGEE • r~n¢wal thersof, toqsth~r with • receipt for the pr~mium of such rsnewal; and rh~re sh~ll b~ rro fir~ or windstorm inwr~nce
' pl~d o~ ~ny of uid buildlnys, ar+y interqt fher~~n ar p~en ther~of, un~ess in tM form and w~tfi tht lou pay~ble as aforeraid; ~nd in tM ev~nt •ny tum
of mon~y b~cor*+e~ payabl~ un~r ~uch policy ~or pol~cies aeid MORTGAGEE ihall hav~ tho option to receiv~ and apply ih~ uma on account pf th~ I~d~btsd,
rau sstur~d h~nby a to permit said M~RTGAGORS to reteiv~ •nd u~e lt or any part thereof for other purpose~, without thereby waiving cr impair•
k+y any puiry, li~n or riyht und~r or by virtw of thi~ mortflay~; ~nd In the •vent t~id MORiGAGORS thall for ~ny reawn 1i11 to keep tFw uid premises so
insurtd, or fi11 to drliber promptly •ny 'of uid'policiei of intur~nce to said MORTGAGEE, or fsi! promptly to p~y fully ~ny premium ther~fw or ln any
ra~pecl f~i! fo pnrform, disthar9e, axecute, •ffett, cornplete, comply with and abide by tfiis covenant, or any pert hereof, »~d MORTGAGfE m~y pl~cs •nd
pay fa t~ch tnsursn~a or ~ny p~rt rhere~of wifhoul w~ivinQ or affertiny sny option, lien, equity, or right under or by virtue of this Mortysq~. ~nd tfie
fvll ~mo~nt of asch •nd ~v~ry euch payme~t thell be immtdiataly dut a~d p~y~ble ~nd thall be~r intereit from t'~e ds1~ th~r~of until paid at tha rate of
niM ptr esntum p~r ~nnum end toyether with wch interest shali be secured by tf» lien nF thi~ morY~+ye.
1. To permit, commii or ~uffer no w~ste, impeirmenr w detariaration of s~id property a any part therwf.
5. To p~y all and ~inpul~r t}» cosf~, charQes ind e:pen~et~ includiny ~ r~uonable •nomey'~ fee ~nd coth nf •bstracfs of titlr, incurred or paid ~t
~ny ti+n~ by asid MORTGAGEE, because or in the evant of the feil~re on th~ ~~rt of th~ aid MORTGAGOR to duty, promptly •nd futly psrform, diuharq~,
~x~cut~, affact, complet~, comply with snd abide by •ach nnd every the ~tipulatiom, ~yrNrrHnes, condition~, and covenen's of said promiuory noN ~nd thii
mortp~p• any or •ither, and •a~d costs, charges •nd expenie~, eech and every, •h~ll b~ immediately due snd peyable; whctMr or not th~r• be notic~ dr
~ m~nd, att~mpt to tollect aK •uit per,ding; end the full smount of esth end ev~ry suth p~yment thell baa~ intereat from the d4te thereof until p~id ~t th~
r~te of nine per centum per snnum; and all said costi, charqes and expenses ~ncurred or paid, togather with such inter~st, sfiall b~ sec~nd by th~ lien of thia
mo+t9p~.
~ 6. That !n the evrnt of eny breech of thi~ Mortgage or defsult on The part of the MORIGAGOR, ar (b) in th~ tvant any of said ~umi of money
if~r~~n r~ferr~d to ba not prompfly and fuily paid within thirty ~30) d~ys nex~ after the f~rne sever~lty betome due ~nd payable, without dam~nd or notic~;
i or (c} ln tht swnt each ~nd ~very the s?ipufations, egrctmenti, conditions snd coven~nta of se;d promi~iory rtote and thif morTp~qe my or Mith~t •n nof
~ ~uly, prompt(y ~nd fully performed, d~scharged, ezccuted, etfected, compJeted, complied with and ebided by, then in •ither or ~ny s~ch ev~nt th~ faid ~g
9r~q~te ~um m~ntioned in ssid promissory note then remaining unpaid, wit!~ interest eccrued, and aIl moneys ~ecured hareby, shalt becortN du~ ~nd pay-
~61• forthwith, or tfieraafter, ~t the option of ~aid M4RTGAGEE, a~ futiy •nd comptataty u ii ~11 of the ~eid iums of monsy wer~ aipinally ttipulat~d
to b~ psid on such day, anything in seld promi~sory rtote or in thi~ Mortp~ge to the contrary notwithatandin9; and thereupOn or thero~hsr ~t th~ option of
f uid M4RTGAGEE, without notics or demand, tuit at law or in equity, therefore or ihere~fi~r bpun, mey be prosc<ufed •t if •li money~ t~cured hsr~by
Md marurad prior to itt Institufion
7. That Fn the avent thdt if the beginning of or at any time pendiny sny tuit vpon this Mortgage, or to forecloi~ it, or ro referm it, or to ~nforcr
p~yment of ~ny claim• hereunder, taid MORTGAGEE shall apply to the Court h~viny jurisdit~ion thertof for the sppoinfinent of a Reteiv~r, tuch Co~rt sh~ll
forthwiih •ppoint • rcteiver oi said mortgeged properiy aIl and iingulsr, intlud,ng •11 ~nd •in9ular the income, profiti, ifsuet ~nd rerenue~ from wh~tav~r
wurce d~rivfd, eech •nd every of which, it being expres~ly ~ndersrood, i• hereby mortq~yed ai if •pec~ficelly iet forth end deurib~d in tF+~ prsntinp ~nd
h~b~ndum clauset hareof, end such Receiver shall have e1f the broad ~nd ef(ec:iv~ functiom end powert in anywiie snt~ufted by • Court to a Reeaiv~r, and
such •ppointmsnt sh~ll be made by tuch Court as en ~dmitted equity end • matta of ~b~olut• right to uid MORTGAGEE, and without rofererrco to tM
~deq~acy w lnadeqwcy of the vat~e of the property mortyag~d or ro the eotvency w in~olvrncy of seid MpRiGAGOR a the defend~~iti, ~nd that iuch
rent~, profits, income, iuues •nd ravanuet thall be ~pplied by s~t!? Receiv*r ~ctordinp to the lien or equity of seid MORTGAGEE and thv practiu of such
~ Ca,rt.
~ 8. To duly, promptly and fully pCrform, d;scharge, execute, effect, complate, cw.np~y with end abide by each •nd tvery the stipul~tioni, aqnemenb,
conditaru ind caven~nts in said promi~sary note ~nd rhis mart9a~e ts! farsh.
~ 9. That in tht event the ownership of the mortgaged premises, or eny part thereof, becomea vesttd in a perton otl+er than tt+~ MORTt'aAGOR, th~
! h10RTGAGEE, iri ~uaeuors end as~igns, may, without notics ta the MORIGAOR, deal with such successor or ~ucces~or in intereil with rtferanc~ to thi~
mortya~ snd tht dabt hsreby secvred in the same manner wirh Abr,payor withovt in •ny wsy vit;stinq ur'diuherqin9 the Mohqsqors' liability hera
~ndrr or upon the debt hereby aecured. No sale of the pr~misea hereby moApaged snd no lorbearante on tha p+~rt of the M6RTGAGEE or iri succ~sson
' or ~aiqna and no axtention of the fime for the paymeM of ths debt hereby sccured yiv~n by tha MORTGAGEE or iri tuccs~sort o~ auipns, xhs1) ap~r~ti
1o nNast, di~~pe, modify ch~npe ar ~ffert the oripinal li~bility af thm MORTGAC+C)R Mrein, either in whol• a In pan.
~ 10. H h apecifically sgraed ihst tim~e ia of the euenc• of tfii• contrac~ and thet no waiver of •ny obli9ation M+eunder w of tF+~ o6~~i~itioe~ cr
tur~d Mnby shell ~1 •ny time ihereafter be held to be a weivet of !hr t~rms herwf or of the inifrument tecured herby. •
11. In addrtion ta the for~yoing monthly peyments of princ p'at and interest required by the prom;itory nate securad hercby, tt+DAy~r t~i4N1s'-
~nd ~qrey to p+y to mortpagae with each monthly p~yment an sddition~l ~um estimered by mort~cgee to be equal to 1 j 12 of tha ~nnuil cOp.~of fh~ fofbvr
~fl~
A-AI! red prop~rty taxes levied or assessed against tfie above describcd reel ettate. ~ ~
B-Promiumi on Tire and windstorm insurenca ~s harein requirtd !o be ca:ried on the improvemcnts situete on the abovo ~iiuilyd pnmisq.
C-Premiumi an wch morigaqt guaranty insuran~~ ei mortyesee ~hall from time to time deem fit to carry on tht loari sstyrid h~taby. -
Mortpepee thell from t~me to time notify mortga9or in writiny of the •mount due and payeble hereunder end tuch ~um IFNQ t~t~rpp~'M dyi Md;'
paysbl• on the du~ date of the next monthly psyment •nd each tuccetsivs manth rhereefre~ until morty~gee shall not~fy mor ~'i~ch~rg~'~in weti
sma~nt. Suth svms fha~l be spplisd by mortgagee toward the p~yment of real property texes, Iniurancs premiumt, •nd m~ •'yiMtr~qtx!i~itur~fic'~
prtmtums.
IN 1NITNES$ WHEREC~, tM said MOR7GAGOR ha~ ht a~ F~s dey and y er first aforoseid.
k
! SFy~w~d Ssal~d snd deli n th~ pr~sMU of:
~ + ~ s~ ~ ~~~Q~~'
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1965 ,SG~ I 4 Ai'1 4: 58
~ i r; N ~ ts°`'~
, sr~rE o~ ~o~or? R 0 G E R~
~T.~ue?~ c~G?~1~, F:.c~~c~
cc~+~r,r.c~:. - -,.7;' ; 4t~ T..3~c'~e "13'~. r~
:.;~:''~e.s~. n+., Isaia.h Lucas 1.~Sf ~ d~+~' .~a
H@1~11 LLiC ~8 hl~ wif~, to rrN w~lt known ~nd known to rt» to k»
-
-Mf+ bdividwl~,yl~scr6k~rd fQ ~nd w!w •x~cuted tM fapoinp instrvm~nt, ~nd acknowledpsd befon me ttut ttNy ?x~cvt~d th~ w+n~ for t!» purpw~i
I~M+~'~^ `-'A,,id ~t ~sid - - ii~z°~~ !4~-~sLl~O~°s8
.~.er f~:..:.~+d I~aiah Lunas _ _ , ..~..n• .~d
' e7cAn7r?ttioe~ by ,q~0~ t~lisq'~apar~ts •nd •pert from Mr uid hvtband, ~tkncwledged to ~nd before ms that sF» •x~cutad taid irtstrumrnt frMly aYd volv~
i~{Ely ~nd W7fiput anx.~ompufaio~, corotraint, •ppreluns~rn~ o~ fear of or from tar sald hvsb~~d.
'W~TNESS.~W }i+nt! ++~d offkial sesl thi~ d+y o J33~, A. D. 19~~
Nat~ry Avblic In ~nd fw tM S! Florfda ~t Ls~
My Gommiaioh expirra:
Return To:
Citiaans foder~l Saviny~ i losn AawciNion ;:.i:2!; rJJ.::, ~18<< Jl F}o~~~3 .:1 Ld~y@
of 5t. luei. Caunty n p"~ ~O~ ~'.y :~:mmissio~: E?r~~es '~1.afch l, 1969
~GCK 1 V Bs~d.a er c.,. d u„~a:.r ~a.
fi. Pierce, Flwidn