HomeMy WebLinkAbout1758 To plate and continuousiy keep on the bc~'d~n9s ~~on or F,ereaiter s f~atr ari ~.;;d :and a d c..+ rq..i; ^~'n+ a~d pe~soneL'q to~ertd by this mortg~
sge, witfi ell premiuma thereon pad in fuii, f~re irs~ranci ~n ti~e ~sval stand~•~ p~:;~cy io~m, in a 5u:n a,provrd bY thr AAC~n~~:~AGEE, and windstorm
iniurence in tha usual standard pol:cY form, in a s~:.~ ap^ro~ed the MORTGAGEE, in such co~npc+ny cr cu,ny»n~es as the :b~ORTGAGEE may
direti; and all fire and windstotm insurance polic~cs on any Of sa~d b~iid.nys, any infer~st inerein or pai! th~~reof, in the agg~cyare s~m afotesaid o~
fn ~xees~ rhe.eaf, shall :ontain the uwai siar,da:d mor~9.,ge~~ clause or such erher <~ause a: N~e A1e~tga~ee may rrqu:re, ma~ing thr ~oss ~ndzr sa~d poli-
cies, each and every, payab!e to aaid MORTGAGEE as I~s i~it~r~st n,ay appcar, ~~,d ca;h and e.cry su:h po sha;; br promNUy ass 9~~rd a~~d delf.•ered ~o
eny held by said MbRT .AGEE es i~~rth~r securiry ro sald ~~:orrc~~;e d.:o~, a:.d nor ~ess than ~en i1C1 davs ad•.~nic ef the expir;r~un of ea:h pol~cy, }o de-
(iver to aaid MORTGAGEE a renewal thereof, logether with a rvte'pt tor the prem~um of such rene~va'; s~,d rhrre sleai! be no ilre or N.indsronn insurance
placed on any of seid buildings, any interest thertin or part thareof, un!ess ~n ~he form and wi~h the ioss raynl!e ~s ato~esa?d; and in the rvent any sum
of money becomes payabte under wch polity or POiiCi<'S said M.RTGAGeE shai: have the o,~!:on to rec:~l~e :+nci ,pF'!i ti.~~ s3:nc on accov:~t oi the ~ndebt~-d~
ness secured herehy or to permit said MORTGr>GORS tc receive ard use it or eny pc~t th~~:eoi rc- o,~ r i:~i; ..srs, ...u o.:t 'h •,~~~~~'3
ing eny equ~ty, lien or right under or by v~rt~e uf this mc~'gage; and in the event sa d MORTGAGORS sha'I tor any reason fa~l to keep ihe sa~d F~em~srs so
inwred, or fail to de!iver promptly any of said polrc~r. of insurancr to sa.d MORTGAGEE, cr f~~'. ~~:o:npt~y +o ~~ay fu'ly any pre;n~~,m iher~~for or in any
respect fai! ro perform, d~scha~ge, execute, efrect, con,p'ete, co:~F~ly w~rh and ab~de by rh~s covenan~, er a~~y pr.t h~reoi, seid ~l~ORTGAGEE may piace a~~d
pay for svch insuronce or any part thereof withoue waiving or affecting any option, lien, eq~ity, or ~I~ht under or by v~rt~e oi this .4lortgage, and the
full arnoun' of NC}1 anJ every suth paymert shall be ~,n:ned'+ateiy dva and payabie and shaii bcar int~r,st fron~ ~hc deta thereof ~niil paid at the rate ot
n~ne pe+ centum per ar.num and te~ether wlth ~uch inte~est Sh3~! bN se:vred b; the Iien of th~e mor;gag~.
d. To permit, commit or iuffer no waste, impairrr.ent o+ der~r:orario~; of sa d property or any pa;t ther•_uf.
5. To pay all and singular tha <osts. charges and exF:enses, inciuding ~ r•asen:;b!e attorn'ry's fe~ and ccs!s ef abstracts of ritle, iniurred cr paid at
any time by said MCRTGAGFE, beca~se or in the evem of tha faliure on ine car~ at ~he sai; MORTvAI'nOR ta d~iy, pro•nptiy t,nd fu:ly peiform, d:scnarge.
exec~~e, affect, complete, comply wrth and ab:dc by each and every rhe snp~!at:o^s, a~raamems, co^dlf;ons, and ;evenanis of sa~d pro,n~ssory note and ih~s
mortgage any or eifher, and sa~d costs, charges ~~~d ezpens~rs, each and every; shall be ~~t~~ncdiately due ~nd payab:e; wh•_~her or ner fhere be nance dy
mand, atternpt ro coliect or su~t pending; and the full amo~m ei ea.h o:id ever> s•~ch pa,m•ent si»i; bea- inte:est from the date there.f ur~tii pa,d af the
rate oF nine qer centum per annu n; and ail said cosrs. cha~g~s ard ~.~u.~~ses :ncurrrd or p~~d, ~ogether w~th su.h ~nterest, shall be iecured by the Gen of this
mortgage.
6. That ;a) in the eveni ot any breacn of this Mortgaga c: dafau:t on tt;e parr of tf;e ~ti!ORivAGOR, or (b! in the event any of s~'d su^.~s of money
herein referred to be net promptly and fu!Iy pa~d wrth~n th~rty !iJ; days nexf a~re~ ~he s::.~~ >e.~era':y beco:~,e d~e =nd payable, w~thou~ demand or norce,
or (c) in ihe event each and every the stipu~ations, agreements, cond~!ic~:s and cover.a~ ts o` sa d FtCni55ory no.e and thls mortgage any qr either are not
~uly, promptly and fwly perfo:mad, d s:harged, executed, ef!ected, completed, cc•npiied v,~rh and ab'ded `~y, than in e~ther or any such event the sa~d -eg~
gregate sum menfioned in said promissory no!e then !emair~ing vnpaid, wi!h ime~eat acu"ed, and ali moneys secured hereby, shali ~uceme due and pay-
able forthwith, or thereafter, at the opt~on of s~:d 1L10RTGAG[E, es fu!iy an:i comp:e!e'y .:s ~i a'i of t':e s~ d sur.,s er money were or~ginaily st;pulated
to be paid on such d~y, anything in sa:d pro:n;ssory note or in this ~tilortyag~ to the ca~vrsry nJ!'r.~~hSidi~U~ng and there~pon or thereafter at rFe opt~on of
said MORTGAGEE, without no~~ce or demand, suit at law or ~n equ~ty. ai~erefore er tF~er,~irer ocgun, may b~: crosetuted as ~f ail moneys secured hereb~~
ned matured or~or to its inatitvtion.
7. That in the avent tha! at the beginning of or at any ti:r,e oendieg any sult upcn 'his Mo•r:~age, or to forecfese it, or to referm i1, oi to ~nforce
payment of any claims hereunder, said MORl'u.AGE'c sl~a;' apply ro th~ Co„rt hav~:~g ;u~.<d c':u~~ tV cr±o' for tha ~.?pc ntment of a Receiver, such Ce~st shaii
FoN~lwith appoiM e receiver Of said mortgagrd property ali ar,y sir~g~~!ar, ;rt~ud ng ali ar.i+ su ~ular ti e~nco~ne, pref~h, iasves a~.d reven~~es from whatever
sa~rce derived, each and every of wh~ch, it bcng express:y :,nc=r<•~od ~s hereby rner'~>a•~d as ~f s,:ccr,ca:ly set ior~h and desuibed in the granring a~~d
habrndum clauses hereof, a~~d wch Rece~ver shai! ha~e a:i ~he n:.ad 3nd effaul:e t~~,~r c.s ~+rd ro:.r-s ~r. anyw~se enf;,tred by a Cuurt to a Receiver, and
soch apFwintment sha~l be made by s~ch Cvurt as an adm~ir~~ eq~ir~ a,•.d o;-a'rer af ~tss ~r~~ r:y~,; r:; sa:d A.10RTGAGEE, and ~tilfhout reference to the
edequacy or inadequacy of the value of the property mor!g~yed or to th~~ so.:c~uy er nse:.e~cy of sa~d r.10RiGAGCR or t},e de`~~:~dar:?s, and thal such
renrs, profits, income, issues and rever.ues sha~l be appiied 'by such Retriver acce~d:~.y to t''~e i;en a eq~it~ of s~id MpRTGAGEE and rh~ Faac~:ce of such
Court.
8. To du1y, prompPly and fully perform, discharge, executr_, effe:t. comp~etc, con,F::; v:ith and at~de 6y each and every the stipu;ations, agreemenu,
conditions and covenants m sa~d prornisso~~ n~!e and ths rnortgage set ic:th
9. That in the event the cwnership of ths m~rtgzg~d Frem ses, o+ a~~y F;arr t~crcoi, beco~~es ves!ad a person cther tnan the h10RTG.4GOR, the
MORTGAGEE, its s~ccessors znc! assi~ns, may; witfi~vr nc~icc ;o ti,~ ~~'.ORTGAOR, de~'. wii~. s.;ci, s~~:cesser or s.:<ce,s~r in ir.teres! ~vi!h ref~rznce to this
mortga~e and the deb~ hereby secured in the sar.•e n:a~:r.~~r as w~th lAorr~agc~ w~ihovr In a~y .•::,y vitir:ting or d:schar~~ing the ~.lortgagers' liabiliry here-
under or upon the debt hereby secvred. No sa:e ct p•c-r 5.., heri~oy :~ertgaged arti ro !erbrara~•c.~ o~ the part ot the I;.ORTG%+vEE or its successors
or assigrs and no exre~sion of the time for the pzy;nenf ,r tie cei>> f;cr,cr secvred y•:•_n br tF,e '.'~iR?G%~G~E cr +ts sv,cessors o• assgns, alia!I ope~are
to reiease, discharge, modify change or affect the o~i;~.~al tiab ! ty of rhe 1'. ORTGAGOR I~c~cln, either in whol_ or in. part.
10. It is sp<•c~fically aareed thar time is of the esse~ce oi +h s co .rract a~.d :har no rraiver of any ob'Iqar~en hereunder or of the ob!igation se-
c~red hereby she'i at any time nc~reafier bz t;e!d ro be a tiv3l:cr cf f~e r~ ~ a hercoi cr of fnc i:~s~r.~~ncr.t s•_cv•ed F~e•b~.
? l. in a~d:;:c.~ tc: th~ iorege ng ,±;onth'y payr..en~s of pr;. c p~~ and ic~„_>! re~:u.r.~i by t'r,e E„o^ ss~ry r~c r s:c~•zd her~•b~, mortgagor eovenants
and agrees !o pay ro mertgsgee .~ith eat'r: month'y p3f . e~ t an "cd F:~ ~•or'g;y~•. ~o b.. ~c;.,a! !o i 13 cf !~e ~n ;uai cost of the folio~4-
i~g:
A-Ali rEal prepe:ty tax_s iev~_~ er assess_ci c~~._ d:,z=
B--Prerf~.ims en fire ar.d ~.vicr>to::r icsv'a^ce ~s irx~. n•,q;'rctl tn b:, c,..,•d c. . r,.r,v~me~!s S'V~'e on t'_._ >bcve d:~_cr{bed p•ert,ises.
C-Fremioms on suth mo tg ~ae gvarar:ty ~r~,;•a'.c.~ ~s m;, _ j_•_~ 5_, 'ro t•_ r:_ fii an carr~r or. th+e ~o.in s^cure:i hereby.
Nloriga~ee sha':I from t:me ~o ,~rre ;•if~ ~r~crr_.:~~;:• :r. r.,,,~ ci tt.., . : r-,:~r~,c M:F..,_~^.c:_~ ~..d s. s ~ sh;:l t~e•eu{.~on b~ due and
F.ayabl~ en tne due d:te oi eh~ r_xr •o~:h _ r ~.:d c.'c >.c _ ~ gsgee s~_ r.~!'f: u ~^,c, of a change in such
an:o~nt. Sucn sums sha!I be a~F ;i~ d b~ r•orvg~~ i:! t~"- . r~: e~ o~ rez' . t=x~s, ~~s_~z •_s pre:r, ~~r.s. c~d ~ort~age gu~rar.ty insurance
premiums. ' . r•. r.~
C
IN YJIii2`,SS `.'~'HEREOF, ihe said MORTGi+v'~& i~as h_~re~^to t~.s h:,cd z•~~: s_± 'ne da•; ar~ar f~rst afor:ta'fd.
Si ne , ealed liver in I e presence o~. = -
C--" ~ __~i5eaq
_ - - ,i~~ ' _ - - a~~
~ - (Seal}
~ _ _(Seal}
$iAiE OF fIORiDA i
COUNTY OF _~.13~Y].ti -I~31L~'rl..a..-~.---_ ~ ~
Befcre me penonaUy appeared A• ~&~.Trie~__ and
I,QLl~ 89 P~112~1G$` _ his w~fe, to me we•.1 kro•.vn and known to me to be
the individuals described in end who exec~~ted the forego~ng instrumer.t, and acknevv•.edged before me that t~~ey executed the same for the purposes
therein rxpiessed. And the sa~d - _ LOU198 p9~.T~1B*'
,Nife of the said ~e ~1• P~1m6Y' _ upon e sepa+ate and privata
examination by me taicen separate and zoart frcm her said huj~and, acknar,~edged to a~d befcre me tnai she exec~'ed said insirumem freely. and vo!un-
tarily and without any compulron, constraint, a:;prehersy~~,~f' f~ar of c- fr~m her sa:d husband.
Gr L~
WITivE55 my hand and official seal this_ day of____~1lIlE3_._ , A. 0. 19-52.~.
'-e_°~-
Notary Pub!ic in and ior the State of Picrida at Larga
~ h1y Cemm:SSicn expires:
Ret~~m T~: c ~p qN0 RECbRQED Notary Pub!ic, State of Florda at Larp~
First ~eoera! Saving~ 6 Lcan Associ3~:~~ 800~ My Commss.on txn.res ~JDV. 3, 1965
O1 ~Cri Pcrce OvTO Bor~ded by American Surety t;o. of N_~
Fori AiertP, F~crida
: ~ '65 JU'~ J,~ °M 3 : 3 ~ . . -
~ - . ~ ~ ~ ~~~1~1{;".:~ .
~ ~ CLERK . -
_ ~ ; , - - ROG~.R P~ITRAS. •;3 F~ ~ "j
_ ST. WC{E COUNTY, ,
' FL~RIDA ~ .
^ . •~~ho y~ .
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