HomeMy WebLinkAbout1550 3. To p~ace and continvo~siy keep o~ n o., i: ~s ~ s perso~~a > coverad by this mu~tg-
ege, with ail premiums thereun pa d in !u i, f~r~~ ~ .n n~~ .~s,a >r.~r.~ j,i f~ ~r pr~~.rci o: ri~a h1Jti:: .~-E, end w~:~dstOnn
ins~rance in the uwal atandard poi.cy lo~m, in d SL~' 3~;~r~.~•d t,, rha .4;RTG:~G_=, In so:h ion~;~~'~y or con~~.iu:es aa tne ,1,1ORiGAGEE may
direet; and a:l fire and or~ndsterm inwrance poi~:~cs on cny oi sa~d b. ~'ri nys, any in!eresr th~:r~n or pa~t it-,<~rcef. m f!~e a99~ey~te sum aioresaid or
in ex<ess Ihereof, 3hall :ontain the usual slardard .no!t•;:~gee u.~::~^ or s~ch other c~:~usc as t}~z htor'~3y~~.~ !tiay rctiu:re, makiog Iha ~oss under sa;d po~i-
cies, each artd every, payab:e ro said ti10RTGAGEE ~s ~ts ~nrc;;Y ~y 3i'F~'a~. ~"=''i s~ch p>.c~ sl,,;i I:e F ru~r;pHy ass 9ned e~~d de~~vared to
eny held by said MORiGAGEE as furthar sacvrity to sa~d n,o:tga,;~~ deot, a"d. ~~o! ',ess tnan tei ;10? d.~,s ~.~:~~~ce of the expirat~on of each policy, to de-
liver fo Said MORTGAGEE a renewai ihereof, toye!her with a r~~c?~~~4 for Ihr pre~~~urn of svCh r~n~~.v.:''; .'d tt:.~:e sh.~~l be ito f~re or ~rinJSiorm insurance
plaeed rn any of said 6~ildings, any interes! therr:n or part thereof, ~nlcss ~n ihe farm a~;d ~,.;~h rhe ~oss F>sy:,b!e ~s ,foresa~d; and in the evem any sur~
of money becomes paycb!e under wch policy ~r poi~cies sa~d ~Y10RTGAGEE sh.,il have ~h~~ o,-±:on +o r~~o:!~.a J,,;;p y rh_ sa~cr on ac.o~nt of the indabted•
nexs secured hereby or ro perm~t ia:d MORTGAGOR; to r~,ceiva a~:d use ~t or p:~~ ~~:::•or ~;;s. ._.e ~h•~~::, c~ ~~np..~•-
iny c,y equiry, lien or riyht under or by virt~a of this mcr'gs~c; ar.d in the evznt sa d.h1~!RT~iAGOR~ sh.~'t 'or,any ie.~son fai! to kcep the sa~d prem~ses so
insured, or fail to dz!iver promptly any of said pol:cies ef i~~s~~ance to sa d MORiGAGEE, cr r,~:' F r., ~ c r:y ro ~~ay iu:,y any pr.•~n~~~n thrrrfor or in a•~y
respect fail to perfo~m, diuharge, eaecute, effect, con,pleru, ce,~ply w~ih and ab~de by th:s toven:+-~i, or ~ny r~,t h.;eof, sa,d MORTv.+G:E may piace a•a
pay fo~ s~<h insurance or any part thereof without waiving or affecting any ~Ntion, lien, equ,ty, or r~~h~t u~:dar or by vi:tur of rfi~s Mortgage, and the
full ama~nt ef eath and every wch payment shall be imme~~ately dve and ~yab!e a::d shail Fr_ar in!er~st fro~n tha date therooi un~~t pa~d at ihe ratt o~
nine per centum per annurn and together wi!h s~~ch int~-r~•st sh~i~ t~~~ s:eu~cd by the ii°n of th;s mortgage.
1. To permit, eommit or sufFer no waste, impa~rment or detenoratlon oi sai~i preperty or any part thcreof.
5. To pay all and singular the costs, tharges and ex::enses, ~nciud~r.g a ro~con, b!e d!tomey"5 i~ ~nd c.sts of absrr„cts of titf~, i~curred or paid at
any ti~r,e by said MCRTGAG`_E, because or in the eve:~t oF ~n~ f~::ure on the pa+t ot ,he s='d M:.~RTGAGJR to du:y, pr.. ~~ptiy and fu'iy pe~form, d~scharge
execute, effeci, eomplete, comply w~th and ab de by each and e:cry the stipui.~! ons, agree n~•nts, cond,iiees, anci covenanrs oi sa~d p~omisscry note 3~~d 'Fi~3
mor~gage any or eirher, and sald cestt, charges and ex~enses, esch a~,d everv, shali be fn,n,:d~s!.'~ d~a ~r:d payabi~~; ~tih~~rher o~ nar ~here be no~~ca ds
mand, atte:r;+t to coliect or suit pend~ng; and the ful! a~no~nt of ~a:h ~nd evrr; such ~:ayn <~iv st~al~ bea~ int,;res~ from fhe dafe thereol until paid at the
rate oi nine per cantum per annu:r~; and all said cosrs, ct~a~ges and ex:,~,,s;s I~:c~:rt~d or Fa~d, toyetF,er .,,iii such ~nrcresr, shail be sec~red by the iien of th~s
mortgage.
6. That (a) in the avant of any breach of tF.is htorryage or default on the psrt of the :',O~.TG~+GOR: o; ;b) ~n the event any o( sa'd svms of rnoney
herein referrrd tu be not prompt!y ar.d fully pa~d wirf;in th.rry i30; days nent a~tcr th.: sa-»e sc~cra'~y ce.ore d~e and payabfe, w~tho~t dernand or notke.
or {c) in event each and every tFe stipu:at~ons, agrcements, cond'~:io~~~s ana covenants o` s~ d pro n,sss:y rota ar.d ih,s mortgage ar,y or either aie net
~uly, pro~nptly and fully performed, d,scharged: executed, eifected, cornpleted, c.:~~p~;rd ~ti~'h and ab~d~c; 5y, ihcn in e~ther or any such event the sa~d ag
yrsnate sum menrioned in sa~d promissory ~o!e ihen rat~a~n~ng unr~a~d, wirh ~n!~~re,t r,:,~ed, a-,d a.! n,on~•,s sec;r.ed hr:eby, aha!I betume du0 and pay~
able forthwirh, or thereafter, at the option of sald MORiGAGEt, as fui:y ar.d comF.~e~e'y as if all of s;~ d su•rs of rnoncy were ongi:~ally sr~pulated
to be peid on such d~y, anything in sa;d pio:~iissory not? or i~~ this ,'.lortgoge te ri~.~ eo,~!ra-~ r,ot::lihste~~d:ny; and therevF~on or thrreafter at the opi~on of
aa~d MORYGAGEE, w~tho~t nor~ce or demand, suit ae iaw cr i~: eq~~tr. !h:~rcfere or ther_vi~_r bec,un, r.:a; 6e e,rose:uted as if ail moneys aecured hereby
nad matured prior to its insti!utlon.
7. 7hat in the event that at tne beginn ng of or at arry time F~~'d~~'9 ~~Y S'-" ~f'-'' !t,~z .'.~••9:~ge, e~ 'o fcreciose it, or ro reform ir, or tc enforce
~~vment of any tlaims hereunder, s~id MORTG%+GEE sha!i app~y to th_ Cc,,rt F13v!it~ , i_ ,.._Ctl tfP:CGt fa ~he 2C,.)J~nhn~nt of a Receivi~, su.h Co~rf shz!I
fo~thwnt, appaint a recciver of said mortgaged property ai~ and s~n~vlar, in,',:d :~g o.: d s~:,,,,~ar i':e ~,co",e, F:ro!~~s, issues ar.d re~er.~es frem wharever
sourte der~ved, each and every of wh~ch, ~t be~ng express'y ~~nd.rs~:;eci is 'rercu; n~:e ~g a: s, r~ca'.iy se~ fo~th and desu~bed in the g~anrfng ar,d
habeneium dauses hereof, end auch Receiver sh311 ;~ave al! rne ixoad ;r.ci eii~~c•,.< ~v^<• c~ s.^.d~pc°.=ers ~n any.v~se envus!ed by a to~rt to a Receiver, and
scch appointrrei~t shaii 6e made 6y s~ch Ccort as ar, ad~~~!r,d eq~ity and :,,.o!rcr ot ~.,_._,,~e r.ght to said h'.ORTGAGEE, a~d withou~ ~eference ro ~he
adeqvacy or inadequacy of the va!~e of the property mortgaged or to tn~ sovr~cy er ._ncy of sad :",ORiGAGOR or ihe defenda~ts, and inat such
rants, profits, income, issues and revenues sha!! t~ apa:icd by sucii Rice::er a:co:d :.y +o tt ~ li~~: cr eq~ity of s~:d f.10RTG%iGEE and the eractice of wch
CourT.
8. To d~ly, promptly ard fu11y parforrn, d~s:!»rge, ~,cecu!~, ef~e:t, c~ np:~te cc ..;rh accs a!~ de by ea=h a.^.d ever; tha z!~pu atiens, agreernents,
conditions and covenants m sa:d prorr,;5so•y ne'e a^d !h; rn~rt~i:~•~ s_! {e•ti~
9. 7hat in the event the o~Nnership of th: n,ortgan^d Er^:~ses, o- ar , p: rt ti::r.c'. ::=co~~ es :_>•r:1 in a p^rc~n erher th=n the ~~ORTGAGOR, the
MOR7GAG~E, ita suceessors ar.d ass~gns, maj, w:~houf no~:;o ,o ~h~ ;.0+:'v~"ii o~•o .ti t~, .,,.n .,,_~>~o' O' ;5~r in ;nteresr w~rn referer.ce ro thh
mo~tgage and the d°ot hereby secured in th~ <~,T,_ r.;~~,r,er as .vi'h ',~.3c;o~ ..:''t~~~:t in any ;y ~rt_. ~~,g `d s.l~a~q n3 tFe ,'.~c;!ga~ors' liability I12rE-
under or vpon the debt here'o~ sec~~red. No sa'~ o~ 't.c ..s 1•.~c~, ~ c~r::~.g~•d z~ci ~,o ~.:rr c:, ft.e F,rt o+ •~,e :'.GR?GAGE[ e~ i~s succe;so~s
or assigns dnd n0 extens:on Of the ti:~•,e fer th~ payn'e~:! rf:, d_b~ h~-et ~ se:•r.rd gi:'_n F.{ !~:e ~R':G.=.G`_: . its s~ctess:;rs er a55 yr5, >f'~ali opera!=
lo re!ease, discharge, modify change r_.~ affect the orig~ra! t; o' i%;c t:,OnTGAGOR 1.^~r..,. e:ti:er ~r xi-~oie or in part.
10. it is spec:fic3:ly agreed that time is ef tt,e esse~•c~~ -f ,i s~~ +~acr r,.d ~l,~r ro ~n-a~+er c! a~.v oi;''ga~:on nereundcr or the ob:igalion se-
c~red hereby sha!~ at an~ time ~hc~eafter be he'.d ro 6r a v:~i:~r e` t!-~ ,.,ns 'r_r•_ci cr r."r the i~s'r~r~•.ar scc:~rrd !.~b~
1 l. In aud~t~0~ to ihe forego:r,c~ rt:pnti;~y ~,~y..r:~nts o' ._nd ; ;i u~, s~.:r, _ ~ s~~:~.,~:d F~•, b~. ,~:ortya~or covenarrs
and agr_es ro pay ro n~.ortgaaec with ca:h r~emh!y F, , en? ,,;.i _.a: . i i. .o i ~ e.; .?0 1 i2 oi ?~~e ...:al cosf of th: fa~'o.v-
ing:
A--AII rea~ property taxas !evia : er azs_c;;ci : _ , . . : ccs_- . . ~•s~
B--Pren•. ,,•;is en iir> an~ •r+~r,dsto~~'n Irs,.r.3rc_ , , ,d . , f~ . _ c . s „ . ai;o.._ ci,s_ lL.;d prem~ses.
C-Pre;n;u;ns on such mo;}g,ge g~a~anty ir.s:;,a~._ as : c'r.~i;_., 5nali i,~:-., . f,r to ca~rr on t~,a !ezn s_c~red hara6y.
trlorigagee s'^.~'.i ir~m r~~re to t n;e nc•!f, :T ~ r. c t:~:a .i ~ .o : h, , ur:~_r ~.~d s.:,~. s. r~t _ ~ tn~reurcn be due and
payable on the d~~ dar~ cf the n~~.t , P', . _i _:c, . _:s;.:e . , ~ _ co~ry rre..;;aycr of , cnange in su:h
amoun?. Such swns sFa:l be ap~, ied b~ r,,c,+y^__: ~ i•il •re ~ . _.,t o` . , , rr; ...r._~ •~s.. ~ ,:+c • . > _ :J ~_.r~~ge g~,;:iranty irsvrar,ce
premiums. .
`:JITNESS ~4HE E:%F, rne said .MORTG:;vJR has i:~;~~•. ~~o s~r n.s h,: :i _.,ci sv:; +i,._ d:~i a-:d ear first a`.c•c>a d.
~gned, Seale a d i rec~ in the praserce of: ~
L- ~ (5eal! •
~ _ ?~~sL~t'~'l~ _ eal)
- - (Seal)
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SiA'TE OF FLORIDA !
t u.
COU~JTY OF - __~._~Zl~~~_________ ~
Before me personally ap~ared _ ~'rBll_ F' _ ~lrjl$I~ end
.W_ Franc~s~. ~112'~18Ii1 his wl(e, to me vre!I knoNn and knovm to me to be
the individuals described in and who executed the foregoing instrument, and ackno~r.•ledged before me that they executed the xame for the purposes
therein expressed. And the said----- ~'Y'~~~g _g~_~'._t~.~1.___.___
wife of the said W$Z'Z'f3Y1 E' .~~1~_._ upon a separate and privaf~
examination by me ta4en separate and apart from her sa:d h~sband, acknowiedged to anu' be`ere me that she Axec~ted sa:d insnument fre:ly and volun-
~ariiy and without any comp~ision, constrairi, a: prehens'on, or feer o( o- frem her said husb nd.
:VITtiE55 my hand and off~c;al seal tn;s_ ~ay oT._~__ ~ A. U. 19_S1..L_
I .,,iur~~
r ~ . ~
tJo!ar~ Puh: ; in and for the State o#,Plpri~.2t ~a1ge~~r,
rrly Commissi~n expirea: '
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Return To: ~D~O 1 '
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