HomeMy WebLinkAbout1852 And ~afd Mortgago~t: far ~hem~elves ~nd thei~ he~n, tey~l representariv~s, wcc~aOn u~d aaiyns, hrr~by jointly end srvrrilly covertant •nd ayrk
+o end with fM wid MORiGAGEf, i+e e~~~c?~son •nd atiiyn~:
1. 1o p~y •II and ~ingular 1h~ prirxipal arxl intere~t and the variovi •nd ~undry ~um~ of mort~y psy~Li~ by virtw of ~aid promissory not~, and thit
mortgaye, tach and svery, proat,prfy on ths dsys rospect~vriy the sartH sevsr~lly b~con+~ due.
2. To p~y •II •nd ~7r+yular eht t~xes, ai~essmem~, Iwiei, liabifiti~r, obligNion~ and ~nt~mbrn+t~~ of ~very natur~ and kind now oe~ uid d~scrib~d
property, w that hereelter m~y be imposad: suffered, pla~ed, levied, w~uesssd thereon, p? that Mroafl~r may b~ levi~d w us~fied uprx~ this MoHp~
+qe, a the indebtednesi ~ec~re~! hercby, sach and svery, whon dve ~nd p~yabie, accordinp to !~w, b~faa thsy becom~ deflnqw~t, and b~fore a?+y int~r~s?
atraches o~ any pe~alty ia incuned; AN~ INSOFAR AS ANY THEREOF IS Of RKORO TNE SAME SHRLL 6E PROMPTIY $ATISFIED AND DISCHARGEO OF
RECORD AND TME ORIGINAL OFFICIAI DOGUMENT (SUCH A5, FOR INSTANCE, TH~ TAX RECEIPT OR THE SATISfACTION VAPER QFFICIAItY ENOOR5E0
OR CERTIf1ED) SHAIL BE PlACEO IN THE NANDS Of SAIp MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT, •nd in the awnt that ~ny thsr~of la not
paid, tiet~sf~ed s~d discha~ged •a d MORTGAGEE mey st any time pay !he same o~ any part thertof without weiviny or •ffectiny any opteon, lie~, eq~ity ar
.~qht ~ndar or by v~rtve of rhia mortgage and the full amount of e~th and evcry such pryment ~hall be imrnrdiately due •nd payabl~ snd fMll b~ar intersft
irpm the date thereof until paid at rate of aiqht per centum per snnum •nd toqe~htr with such int~rest ?h~U be tecur~d 'oy the tien of Ih ~ morptaq~.
3. To pl+er ~nd eontinuovsly kMp on tM bulldinp~ now or Mr~~ft~r ~itVfh OIt N~ I~/1d ~11d on sll tqvlpen~m ~nd p~non?tty eov~r~d by thu morty.
p~, wiM ~II pr~mivm~ tMr~on paid i~ full, fir~ lnsur~nu in tM usu~l ~t~nda~d policy fam, in e wm ~pproved by th~ MORTGAGEE, ~nd wlnd~torm
Irnurar~d In tM utwl ~tand~rd poliq form, in •~um spprov~d by tM M10RTGAGEE, in ~uth tornpanp u t^mpanl~i a tlw A10RTGAGEE m~y
dir~ttj and ~II fin ~nd wind~twm inrwrana polici~s on ~ny of ~eid b~ild~np~, ~ny I~t~r~sf thtr~in a y~a.t thenrof, M tM ~qpraqaf~ ~um ~fona~id or
in ~xcMU Nx~~of, tMll contafn tl» us~al ~t~nd~rd mort9~qN tl~ua or wch otF»r clw~e tM Nbrtp~y~ m~y r~q~in, makln~ t!» lou u~der said p7N- '
Na, Nch and wKy, payabl• to Nid MpRTGAGEE a~ its int~r~st m~y ~pp~~r, and sach ~nd ~wry such policy ih~ll b~ promptly ~u.yn*d ~nd d+liwr~d to
~ny ~Id by wld N10RTGAGEf as furtF»r ~ecurity to wid mo~p~~ d~bt, ~nd, not t~st tMn t~~ (10) daya in ~dYanc~ of Mxpiration of ~ach policy, to d~•
(iv~r to uid MORTGAGEE •~~newal Murwf, ttsp~ther with a rrc~ipt far the pr~mium of such ru»wd; •nd thtra ihall ba ew tirt or wind~torm intur~nt~
pl~c~d on ~nr oi w'd b„ildi++qs, ~ny inrore~t M~nln w psrt tAenol, unlru fn tM form end with tAe ~w~ payabla ~s ~for~said; and In tM ~v~ni •ny wm
of mon~y b~canK p~ysble undsr tuch po~iry oe polici~t uid MORTGAGEE ~MII have tM optioe to receiw snd apply th~ ~ame on ~tcoum Df th~ indabted
Mu M[ur~d Ipnby W to permit s~id MORTGAGORS fa receiw ~nt~ use it or any p~rt ihereof ior olher purposes, witho~t the~eby w~ivinq or im~.,eir-
M+p any puity, li~n or riyht und~~ w!:y virtue of thia m~rtq~q~; ~nd in the •vent uid MORTGAGORS shall ftx any r~aion f~il to ketp th~ ~aid prrmises eo
tmur~d, w tatl to d~liver prompdy •ny of said policias nf insw~rrc~ to ~sid MORTGAGEE, or fail prompfly to pay fully •ny premium sher~fw ;x :r, .~y
respM f~il to p~rform, disch~rfl~, execute, •ffect, complets, comply witfi •nd •bide by thi• covenant, or eny p~n hereof, seid MORiGAGEE may place sr~
pay fa ~uch insurorsc~ or sny part the:wf witho~t weivinq or aff~cfiny any optio~, lian, ~quity, or righf under or by virtut of this Mortq~p~. s:~d the
full ~mount of ~~ch and ~v~ry such payment ~h~ll be immsdiately dus snd p~y~ble and shall bear interast from tha dets thsreof until paid ai *hs r~t~ 01
nin~ ~rer cantum p~r ~nnum snd toqether with auch intorest thall be tecurad by the liln ofi this mortqage.
To permit, commit or wffer no ws~te, impairment cx dateriorstion of s,id prc;~rry w•ny part iheraof.
5. To pay all snd sinpular ti?~ cosri, ch~.~es and ~xp~nsaa, inciudiny a re~~onsbte attorney'~ fse and costt of ~btrr~c» of titl~, lnc~rred or paid ~t
~ny tirr+~ by uid MORTGAGEE, bac~u~e a in the ~vent of tha f~~lur~ on tht ~.~rt of thf ~aid NIORTGAG47R to duly, pramptly end fully perfarm, disch~rq~,
•x~cvt~, ~ffect, complete, comply with and ~bide by ~ach end every ths stipulations; syreements, conditiont, end cove~::nri of said nromiuory note ~nd thii
mortpays any n~ ~ither, snd asid coats, charfles •nd expenses, each •nd av~ry, ~h~ll bs i~rmctliately du• s~d piysbls; wheth~r w not there br notico de-
mand, attempt to collect or ~uit par,ding; and the full amount af e~ch and every suct p~yment thall beu inlere~t from the dat~ ther~of u~til paid ai fh~
c~te of nine per cenrum per ennum; and all seid cotts, charQet snd expenses incvrred ar F++id, toqsther with such intcrest, sh~ll Mr ~ecural by tM lien af thia
morf0+p~.
6. That in the event of ~ny breach of thii Mortyay~ or default on ihe part af fhe MORTGAGOR, or (b) in the evont ~ny of ~aid wmt o~ money
Mr~tn nferr~d fo be not promptly and fully paid within thirty (30y days next aher ih• ssme pv~ra!!y become due and paysble, without dem~nd or nosic~,
or (c~ i~ tF?~ w~nt eath and ev~ry the ~tipulations, agraerrKnts, conditions and cav~n~nts vf ~a~d promitfory not~ and thi• mortpaq~ ~ny ot ~Ethsr ~rc nW
~uiy, p~omptly and fully p~rfwm~d, d~scharged, azecuted, effactad, compl~ted, comptiad with •rtd abidtd by, then in either or iny wch ~w~t 1M uid
prpaf~ twm m~M'aned fn a~id promiuory ncte thrn remaininy unpsid, wiih inttntt ~taved, ~nd ~{I mon~yt sccurad harsby, sh~il b~wme dw and p~y
~61s fortAwtth, a thtnaftsr, ~t th~ option of ss;tl MQRTGAGEE, fully ~nd compl~tely ~a ii •II of the aaid sums ot monsy w~ro oriyinaliy ~tipulated
to b~ peid on such day, anythinp in ~eid promisaory note or in this Mortpage to ihe tonerary notwirhatsnding; and thereupon w there~h~r •t t1+e option of
taid MORTGAGEE, withaul notice or demand, svit ~t law w in equity, thereFo» w th~re~Nsr bpun, mey be pro~ecuf~d n if a!1 moneys s~cur~d h~rtby
hsd rt?~tured prior ro iri lnstitvtion.
7. That in the event that at the beginning of or af any time pendinq any suit upon this Mortgsge, or to fvre~toss it, or to reform it, or to enfo~u
p~yment of ~ny daims herevnder, said MORTGAGEE shall apply to the Court havinq jvriuliction theraot for the eppoimment of a Receiver, wch Gourt shall
iwthwith ~ppoint a rec~iv~r of ~aid mortgsyed property sll snd tlnyular, Indud~nq ~II •rtd ~ingu~ar the income, profits, iuua and rw~nue~ from wh~tawr
~ource derived, e~ch and ~very of wh~ch, it beiny expressly undar}tood, is h~reby morty~ged if specificall~ ~et forth and d~s~rib~d ln th~ qr~ntinp ~nd
hab~ndum clauses he?eof, end suth ittceiver shall have sli the broed a~d effeuiv~ fucxtion~ aru? power• in anywise entrusted by a Court to • Racelv.x, and
wch aFpointment :hsll be mede by such Court aa an admitt~d equity s~d a matttr of ~bwlute ri~ht to ssid MORTGAGEE, ~nd without ref~enp to tM
+deqvacy or in~dsquacy of tFi~ value of the property mongaqsd ot to the sotv~rxy or inwlventy of s~id MORiGAGOR oe the def~ndents, and th~t ~LCh
nnta, profiq, income, iuuaf a»d rev~enuas thail b~ applied by ~uch Receiver eccordinp to Ihe litn or oquity of tsid MORTGAGEE and tM prrtliss of suth
Covrt.
8. To duly, promptly •nd fully perform, disch~rya, txatute, effect, complete, camply with and abide by eech •nd ~v~ry tM ttipul~tions, proemenri,
conditio~s and wvtn~nts in se~d promissory note s~d this morty~ye wt forth.
9. ?hat in the event the owncrship of ths mortpa9ed premis~s, or ~ny parf ther~of, becomn ve~t~d in a peraon other th~n tM MORTGAG~DR, th~
MORTGAGEE, ih auaeuors •nd as~igns, may, withoui notice to the MORTGAOR, de~l witfi s~ch succeasor or •ucceawr in int:rest with r~f~rence to thi~
mortpapo •nd ths debs hereby secured in the tam~ msnner ~s with Nbrtp~yae witfiout in ?ny way vitiattnq ar ~diuharpinq ths Morty~ayon' Uability hert
under or upon tM debl hereby secured. No sala of the prtmises hereby mortpsy~d snd no forbear~nce on the p~rt of ths MORTGAGEE or ih susc~stor~
w asaigrn ~nd rro ~xt~nsion of ths time fw the paymsnt of the dsbt hereby sec~r~d yivsn by th~ MOR7GAGEE or its sususscrrs w~ss~gns, sMll Cp~rat~
b nl~ae~, discharg~, modify chanpe or sffett ths ovipinal liability of th~ MORTGAGOR ?c~r~in, ~itMr in whoie or 1~ p~rt.
10. It b spscific~lly ~qr~ad that time is of the euenu of thi~ corstr~tt and that rto waivsr af sny obligation Mreundrr or of tM abliy~tion c~?•
axsd I+K~by ahall at any tim~ thereafter ba held to be a waiver of th~ terma hsrwf or of ~he i~s~rument ~ecured herby.
11. In sddition to the foreyoing monthly psymenti of princpal arid interest required by th~ p;om;~wry note securod hereby, mortg~yor cov~nantt
•nd prets to p~y 1u mort9~flsa with e~ch monthly payment an ~ddition~l ~um rstimeted by mort3:.9ee to be aqual to 1~12 of tfie annual cast ofi th~ fotfow-
A-All nal Qroperty taxes (svied or essessed againat tfie ~bove described real est~ta.
B-Premiurru on fite ar.d windstorm iniurance a~ herein required to be cerried o~ tfie improvements ~itua+e on t!x above dexribed ~y.-nit~s.
G-Premium~ on auch mortqege guaronty insuranc~ s~ mortQegs~ ~hali from time to tima deem fit te cerry on the Iwn aetured Mrrby.
Mortpsyee ~hail from time tv time notify mortga~or in writi~q of the smount due and payable hereunder and ~uch wm f~si1 lh~rn~pon b~ dw ~nd
p~y~bl~ on thn dua date of the next monthly peyment and *sch succe~siva month ther~after until mortgagee shall ratify mot4~apw of t t}~p~ In svch
~rnount. Such ~vms sMll be ~ppli~d by mortqeye~ toward the payment of raal proper4y taxet, tnsurent~ premiums, ~nd ~rra~tyaye pusrmty inwranc~
prirr~iwn~. ~ ' ~
IN WITNESS WHEREOF, ths said MOR7t;AGQR has herovnto ~et his hand ~nd eeal ths dey ~nd year fiCtt ~ id.
sr~~,.d. s..F.a-.
~Lj tt,. p..,«,~. at: TI-r~U C~~~~T~t'I`IOj~YA k, A. CC~nPGRAT~~
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~TATE OF F~ G?,,: :i.,. ~ ~ (!7
r,r' T^ COJNTY oF~,T,~~9~tL FL~lt,"J C~ _ r°
"i r,, m
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I HEREBY CERTIFY, That on thi;_ _ Z~t--- --daY of--------•TUYlt A.~. 19:~`~
f_(':C' ~ .
~
P~2 J. Carlson ~
before me personally appeared ______~_____~.~~1'~~~~~~~z~~______._ ~..r,.rT~~_
~
respective1y YiC¢ _ President and .Gh~~'Ze~ -Txit-L~-- - - Secre~ary _t7.~~~~-'~ of
~ ,
_ }'~%-i.i~.Y-1~.T~~a~~ -g~f~----,~` ,•,`:''"',r, a _ iE~:'~GIA ___--_-~z~~ ~orpo i ~ me
known to bp the per"s~ns describacY.in sn~~who exe~?ed the foregoing instrument, and sever,~y,~ -~ckrlbwk ~exe-
. ~ - `;`C~`~ ,
~_v~ion Jhereof to be 4heir fre~ aCf;and deed as sucb~.ofYicers #or the uses and purposes ~}ier2~~~ rr~ti~n~ard hey
affixed thereto the offic~al sea'.~ot said corooratiori~ an~! 'he said instrument is the act and deed of said cor~orat~~~.
V~iiTNE~a cny hanc~ and officiat,s~af ~t ~t~t7~`,A~~~~nta _ said county and state. .
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3~~ Natary Pub~ic, in and for State d~o~niy aforesaid.
, ~ Commission Expires: I~/~'~GG
. : ~ ~~~1~1 ~
. _ . i ;_a rge
~ - - " " _:n.' 1:3, 1956 ¢
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