HomeMy WebLinkAbout1565 And iaid Morigagon, for rhemse~ve• and ~he~r heira, leflal represenative~, s~cca~iori and a»iqns, h~reby jointly •nd wvtrally cown~nt md pr~e
~o and with the ~aid MORTGAGEE, its s~cceaaoif and a»igns:
1. To pey •II and sinyular the pr~~,ciNal and inrerest a~d the vsrious •nd sundry sum• of monsy payable by virtue of faid promi~wry not~, •nd thi~
mortfle~e, eech ~nd every, promptly on ~hr days respect~vely the ~ame s~v~r~lly become dr~-
2. Yo pay •II ~nd •ingu~or the taxes, af~eiaments, levie~, li+bilitie~, oW~y+t~ons •nd ~ncumbrsnc~~ of ~very nat~r• •nd kind now on ~~id dtstrib~d
property, or th~t hereaf~er may be imposed, s~ffe~ed, plxed, le~ied, w aueued the~wn, or tMt hereeft~~ may b~ Isvi~d w~as~u~d upon thu Mtxt9-
~qe, or tF~e indebtedness ~ecured hereby, each •nd ~very, when du~ and pay~bl~, accordinp to I~w, befo~e they betornr delinqu~nt, ~r+d baforo rny Int~r~N
attachea or any penelty ia inc~r~ed; ANO INSOfAR RS ANY THEREOF IS CF RECORO TME SAME SHAIL BE PROMPTIY SATI$FIED AND DI$CHARGED OF
RECORD AND THE ORIG1NAi OfFICtAI Dt~CUMENi ISUCH AS. FOR INSTANCE, THE TAX RECEIPT QR THE 5A'f~SFACTION PAPER OfFICIAILY EMDORSED
OR CERTiFtEO) SHALL 8E PLACEC IN THE HANDS OF SAtD MORTGAGEE WITHIN TEN DAYS NEXT AFTEtt PA1'MENT, and in th~ rvent that any tharwf is not
pa~d, sat;sfied end dische~qed sa'd MORTGAGEE mey er any time p~y tfie ?~m+e or •ny part thenof without waiving or afFecting eny optio~, lien, ~quity o~
•iQh~ ~nder or by virtue oi this mortgage and the !~II amuunt of e~ch •nd e.•~y ~uth p~ymlrtf •h~ll be immediately dve end payable ancl ~halt bear int~rtft
~rom rhe dere theieof until pald at ra~e of ~iqht pe~ ce~tum pe~ •nnum ~nd tof, •~h~r w~th •~ch interett ~hall be secured by tne lien of th:• morq~~9s.
3. To plaur and contln~wu~ly k~ep or, tM builJinps now w Irr~~ftK wh ~t~ en said I~nd ~nd on ~II equipmem ~nd p~no~~lly cov~rtd by thb mortp-
p~, with ~U pnmiu~ru tFxr~on p~id in full, fin inwnnc~ in tM uswl u~nda~d policy fwm, In • wm ~pproved by tM MOR~GAGEE, •nd wlndstorm
1?uur~nt~ In tM u~wl ~tandard policy form, In •~um ~pproved by !M M17~1GAGEE, in ~uch canp~ny w compani~s a iM /~~ORTGAGEE may
dir~ct; end •11 fir~ ~nd windstorm iniunnce policits a+ ~~Y of aaid build~~ o~, any int~r~~t tMnin or p~rt therwf, i~ tM p9reqit~ wm ~faes~id w
M oxt~u 1Mr~of, ~h~ll cont~in tM usual st~ndard mortp~9~e tl~us~ or a~ch ~~wr ~.::us~ u tM Mvrtp~yN m~y r~quir~, maklnp th~ loaa u~der t~id po1H
cNa, ~~ch ~nd' ~wry, p+Y~bla to ~~id MORTGAGEE in int~re~t m~y ~pp~ir, • d e^~ch and ewry such p~hcy ~h~ll b~ promprly ~a,gn+d md delivered t~
~ny Mld by Nid MOR?vAGEE a~ further ~ecurity to sa+d mor+ys{~~ d~bt, ~nd: not Issf :Mn t~n (10) dsys in ~dv~trxe of th~ expirat~on of ~~ch po~licy, to de-
liv~r to Wid MORTGAGEE • rene.val therwf, tnqether with a rettipt for the premium ~f ~uch r~n~wal; and th~rt th~ll b~ no firs or windsto~m inwr~nc•
plsc~d on •ny of iaid b~ildinus, +ny intrrest theroin or par! therwf, unle~~ in 1M form ~nd with the loss payabl? a~ efores~id; and i~ tM ~~ant any sum
of monsy becomtrs p~yable uncier such policy or Roliue~ a~id MQRTGAGEE ~hell havr the option ro reteivs ~nd •p,~~y tM ume on accoum Of th~ indebtad-
n~u NC~r~d hereby o~ to ;+etmit ~aid MORTGAGORS to receiw ~nd uN it o~ any part thrreof for orher purposes, witho~t thereby weiving or ~mpair
Iny ~ny pu~ty, Ii~n or riqht u~d~r or by virtus of thi~ mortyafl~; .nd In rhe tv~nt ioid MORTGAGORS shall fo~ any resson fail !o keep tM faid pr~mi~es fo
ins~r~d, or f~i{ to d~liver promptly •ny of s~id polltiet of insur~nc~ ta said MOR7GAGEE, or fail promptly to pay fully any prsmium th~refor or in ~ny
r~~ptct f~il to p~rform, discharqe, execute, effect, comp!ete, comply with and abid~ by thi• co~enant, or any pa~t hereof, eaid MORTGAGfE may pl~ce and
pay for ~uth Iniurenc~ or •ny part thereof without waiving ar ~ffectiny eny o~tion, lien, equity, or right undar or by vi~tue of thif Morty~9~, snd rhe
full ~mo~~t of ~~ch and evsry ~uch p~yment thall be immedi~te~y du~ s~d p~y~bl• •nd ~h~fl bear interest from the date thereof until paid at th~ rato ot
nins por centum per ennum and tagether with such interesP shall k>e sec~red by th~ li~n of thi~ mortq~ge.
4. To permit, commit or iuffer no weste, impairmenr or deteriorarion of ~aid p~op~rty w any p~rt iherenf.
5. To p~y ell and •in9ul~r the costs, charyes snd expsnses, indudiny • n~~on~ble •ttorney'~ fee end coets of abstract~ of titls, inc~rred or paid at
~ny t:ma by said MORTGAGEE, because w in the event of the feilure on tM Fart of the ~~id MORiGAGQR to d~iy, promptly ~nd tully perform, diaherg:,
~xecut~, effsct, complet~, comply w~th end abide by each and every the ttepul~tiona, ~flrermenri, tondition~, and covenants of uid promiswry note and thi~
mort~aga •ny o~ •ither, and sa~d costi, chergef rnd expenxs, vach and every, ~holl be lmmedi~tely due end peyabla; whether or not there bo notic~ d~
mmnd, ett~mpt to tollxt or :uit pending; end tha full emoun! of eacn and every suth p~yment shall bear intereat firom the date thereof untii p~id ~t tha
rate of r~ine per centum per annum; and all ~aid costi, charqes and expenses inc~rred ar peid, royether with such interest, shall b~ tecured by the lisn of thi~
mortysp~.
6. Th~t (a) in the evant of nny breech of thit Mortgege or defeult on the part of fha MOR7GAGOR, or (b) in the event •ny of ssid tumt of rrwney
h~r~ln r~f~rr~d to be no~ promprly end fully paid within th~rty (30) days nezt aher the s~me eeverel~y become due •nd payable, without d~m~nd o~ notic~,
or (cj in 1M ev~nt esch •nd every the ttipulations, aqreemen'f, conditiona ~nd cov~nanh of said pramissory note and th~s mortflays •ny w•itMr •r~ rwl
~uly, promptly +nd fully perform.~d, d;scharged, executed, effected, completed, compl~ad with end abided by, then in a~ther or any ~uch ~vant th~ said
pregaH wm mentioned ln seid promi~sory note then remaining unpeid, with intarest ~ttru~d, ~nd all maneys eecured hereby, fh~ll b~come dw •nd pay-
ah~• forlhwith, or th~reafter, ~t the option of taid MORTGAGEE, sf fully end completely ~s if all of the taid sums Of mor.ey wen oviyinelly ~tipuleted
to bs paid on tuch dsy, anythinfl in said promi~tory ~ote or in this Mortgage to the contr~ry notwithstandinq; and thersupon or thereafter ~t the option of
eaid MORTGAGEE, without notice or demand. ~uit at law or in equity, therefors or there~ft~r bs9vn, may be proucuted ai if ell money sscured hertby
had mstured ptiot to it~ institution
7. That ln ihe event that ~t the beginning of or at any time pending any ~uit vpon this Mortgage, or tn foreclose it, o! to rsform it, or to enforc•
payment of any claims herevnder, said MORTGAGEE sha11 apply to the Couh havinp juriidiction theraof for the a~pointmenl of e Reteiver, such Covrt shall
forthwith appoint a reteive~ of seid mortgagad property all ~nd •in9ular, includ~ny •II •nd ~inguler the income, profits, ittues and rtvenusf from wh~t~v~r
wurce derivrd, each end every of which, it being expre~sly understood, i~ F.ereby monfla9ed si if •peufically aet forth and de~critxd in th~ qrantinq end
hab~nd~m clauss~ harecf, and such Receiver shall have sll the broad snd effeciiv~ functions snd power~ in anywise entrusted by s Caurt to • Retetv~r, and
wch appointment fhall be mads by such Courr at en edmitted equity end • rrutt~r of ab~olute riyht ro said k10RTGAGEE, •nd without reftrenu to tM
ad~qu~cy or inadequecy of the value of the property mortgaged or to the colrency or insalvency af seid MOR~GAGOR a the d~f~nd~nt~, •nd that tuch
rents, profiri, income, ixcue~ and revanuea sha11 he applied by ~uch Receiver ~ccordiny tp the lien or ~quity of ssid M~RTGAGES and th~ pr~dip of svth
Co~r4. . . , , .
8. To duiy, promptly and fully pertorm, discherge, execute, effect, cornplete, comply with and abide by eacfi and ~very th~ itjp,uLtio~a~?pri~rntnri,
conditiom ~nd torerunlt in said promissory nata a~d this mortqege set forth. .
9. Th~t in tha even4 the ownenhip of the mortgaged Fremiies, or eny part ther~of, becomet vssted in • person otF~ ~han'3hi MORTGAGOR, 4M
MORTGAGEE, ib wcceuors snd essigns, may, withour notice to the MORTGAOR, deai with such succeuor or successor in,;inttrdt~,yvif~t' r~fer~nte ip ihi•
mortpay~ and the debt hereby sec~red in the same manner at with Mortqsqor without in any way vitiating or ~ditchrryiny: TAs ~AO'~~Ori' Iisbility h~rr
und~i or upon the ciebt hereby tecured. fVo ~ale of the premise~ hertby moAqsqed and no forbear~nce on the p+rt c4 tM rM.'aRLGAGEE a iri ~ucor}tOts =
or uiiflns ~nd no extension of Ihs iime fw the psyment of the debt hereby ~ecurad 9iven by !he MORTGAGEE or in ~uoCe~e tr qr ~saipns, tMlt op~r6f~:
p r~ls~, dixfwrq~, modify ch~r+p• or ~tfed the oriflinsl li~bil~ty of the MORTGAGOR Mroin, either in whots w?n prrt:. ~ ,
10. h specifically sgreed that time i~ of the essenc~ of tfiis tontrsd and that no waiver of any obligation fi~rlvndet~'a 'ot.tM'Ob1i~~Sor[ :o•
tursd F+sr~by ~ul~ ~t •ny tims thereafter be hald to be a waiver oF tha t~rms hereof or oS the instrumant te<ured her6y.
11. In addition to the foregoing monrhly peymenti of princ pal •nd inieretit required oy the prom:ssory note ~ecured herl~y, rdd~IgaQo! torrs~~nh
a~d aflrees to pay to mortgsgee with each monthly paymant a~ addition~l sum estimsred by morry;.gee to be eq~al to 1 f 12 af th's anhl~4 cost of tM follow-
enp:
A-All r~~l property tsxcs levied or a~sesatd againat the •~ove described real estete.
B-Pramium: on fire and windstorm in~urance as herein required to be carried on the improvements iituate on the above de~scribed aremise~.
C-Pr~miums ors such martqage guare.^.ty ir.surance e~ mertyaqee shall from time to time deem fit ro carry on tht loan ~ecurad hereby.
Martq~qee shal~ from time to time natify mortgsyor in writing of the amvunt due and peyable hareunder srsd suth ~um shall theraupon ba due ~nd
p~y~ble on ths due date of the next monthfy payment and esch succss~iva month thereafter until mortgagee shall notify mortysflor of a ch~nQs in ivch
~mount. Such sums ~het! be appliec! by mortgagee towa~d the payment of resl property tsxei, ineuranta premium~, •rtd matqay gu~r~nty insurarscs
pr~mfumi.
IN WtTNE55 WNEREOf, tF+~ said MORTGAGOR haa u set his h~nd and sed thr day and year f'nt es~id.
s;y~.d. .~d dei~~...d o~: ~`~~~`~.A,~~! p E C Q R ~ E o -
~~ttCldi d~ ~ 0 n
~ . ~ ~ ay . " ~
ts.s~~
- ~65 <<(;'~ I 5 P~! ~I . ~7 (S.+,q
° ~ ~ ~ s
STATE Of fIORIDA ~ t.! ~.3 t_:t c~
,s+.t~• ,
cou?~i=t~~;~~~e T.us i e Q~ R . ~ si L~ C t~E Ft iC
" ~'I~a~~&~~S`c.0 ~l9rt~~2na~ .r,d
=-`ip!t~+? a~~l?~~cw•r«~ Sandra- - - tin ~
~ r. his wif~, to rr» well known •nd knawn to rt» to b~
' :1~(iii~d who •x~cuted rM forepoirp instrum~m, ~nd acicrawl~sd befw~ me shat they ~xec~t+d t4» wrr» for tl» purpw~s
~r~t.~iT~[rf~f~d.~ J4d'~+ s~Td J. ~~a~'~iYll[S
u ° W n 1 t' w~ r T. ~ H~lS ~vt Q~t ~pon • etpsr~te a»d pAv~»
e~~l y+ ,N~pJr~ts and ~part from h~r ssid hwb~nd, ~cknnwltdyed to •nd brfors n'se Ihat •h~ sxecuted s~id I~itr~m~nt frwly e*?d volwr
~py'cOdipsrfsio~, tomtreint, sppr~henstc+n, a 4e~r of w frwn F~ ~aid huabarid.
•,~SI{~FfES~i~e~y1Aarsd W+d oFfkiml ~eel thi~.-~$ day A. p. 19_~
~/,~~~IIiI,~~~,;~
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