HomeMy WebLinkAbout1864 3. 7o plsca and con!inuously keep on the b~~i'd~ngs now or h~rCafter t~t~ate on sa:d land d o~ a!I ~•q~'.~,:~+ent and per~onally mveied by this mwtg-
- age, wifh all premiuma thereon pa+d in fuit, fire ins~xance ~n rh~ usu31 standard po:ky torm, in a sum approvcd by the MORiGAGEE, snd wind~torm
insurence in fhe uswl standard po:;cy form, in e sum approved by the MORTGAGEE, in such tompany or co:npanies as the A~ORTGAGEE may
di~ett; and all fir• ~~d windstorm insurance poGc~es on any of said bu~ld~nqs, any interast therein or part thereoi, in the agg~e9atr •um afwesaid o~
in excess thereof, shall contain the usual standa~d mort9agea da~sa or such other cia~se as thr Mort~ayee may rryu~re, mak3ny tht los3 under sa~d pola
cies, each and every, payab~e to said A50RTGAGEE as ~ts inferest may appear, a~d each and every such pol:cy ahall be promptly au,gned and de~ivered ro
, ~ny held by wid MQRiGAGEE as further sec~rity to said mor+.gage debt, and, rat less than ten (IQ) days in advance c:f the expirat~on of eath policy, to da
f IiVle to taid MORTGAGEE a rcnewai thereof, rogefhrr with e race~pt For the prernivm of s.~ch rene~r.ai; a~~d tFzre shall br no f~re or windstorm insura~ce
plited pn any of said buildings, sny interost thertin or part thereof, unle~s in the farm and wi~h the lasa peyable as aforesa~d; and in the evenf eny sum
of money bacomes ~;~bfe under s~th policy or poGcies said MORTvAGEE ~haH have ihe opt~on to !ec_~~ve and eppiy the same on ~ccount of the indabtad-
neu secured he•eby or to permit said MORTGAGOR$ ro recaive and use it or any pan the:eu{ fv~ o:h••r p~rreses, v.i~ho,;t ~h~~ru; w:.ivin3 or ~m~air•
ing any equity, lien or right under or by virtue ef this mo:tgage; end in the event said MORiGAGORS shali to~ any reason fail to keep the said premiaas so
I in~ured, ur fail ta deliver promptly eny of said policir.s of insurante ta sa~d MORTGAGEE, or fo~! promNNy to pay fu11y any premi~m therefor or in any
` respatt feil ro perform, dischsrge, executa, etfect, <Onpl@fe, comply wi~n and abide by th;s covenant, o. any pnrt hereaf, said MORTGAGEE may piace and
pay for such insurance or any part thereof wi~hout woiving or affecting any option, lien, rq~~~y, or right undar o+ by virtue of this Mortgage, and tht
full amount of eech and every such payment shall be ~mmeci~etely d~e and payable and shall bear interesi frum tha date therea{ vntil paid a~ the rate o!
nirte per centum per snnum and toyether v.•ith such in!~~cst shali be sec~red by the lien of this morigaga.
I. To permit, mmmit or suffrr no waste, impairment or dererioration of said prt; erty or any part tfiereof.
5. '.o pay all a~d s~ngular tl~c c~sts, charges er.d expenses, induding a reasonable attorney's fee and costs of abstracts of tItle, incurred or paid et
' any time by said MORTGAGEE, because or in ~he event of the faiiure on the oart of ;he sa~d MORTGAGOR to duly, p~emp~{y and futiy perfcrm, d~scharge.
E execvte, effed, tomplete, tomply with and ab;de by each end every the stipulatlons, agreements, conditions, and covenants of said promissory note and ~his
~ mortgage any or either, and sald costs, cfiargas and expenses, ea<h and every, shell be im~~~diatel;~ due and payabie; whether or nat rhere be natice de
~ mand, attem~t to collect or s~it pendiny; and the ful! am~um of each and eYery such payment shs;l 6ear interest from the date thereuf until paid et the
rate of nine per cenrum per anr.u~~; anct all said cv^sts, charges and expznse: ~r.tuned or paid, fogathar w~th such intereat, shali be se<ured by the lian of this
mortgsge.
f 6. That (a) in tfie event of any 6reach of this Mortgage or de`ault on the part o4 the MOkTGAGOR, or (b) in the evenl any of said aums of money
heeein referred to L~c not prompt!y a~~,~. fully paid wirhin thi!ty i30) days next afte• the same seaeraliy beco~na due nnd payabte, without demand or notice,
or (c) in rhe event c~ch anc~ every the stipu!ations, agrzements, condl;iens and covenan!s o' sa d pro~„issory ~ote and th:s morrgage any or eirher a.e nat
~uly, ptomptly and fully performed, d~scharged, ez~cuted, effected, tompleted, comp!ied with and ablcled 5y, then in e~ther or any such evrnf tha uid ap•
pregate sum mentioned in said oromissory no!e the~ ramain~ng unpaid, wirh ir.•~re>r accrued, and aU meneys sac~red hereby, shall become due and pay
ebie forthwith, or thereafter, et the option of sald MORTGAGEF, as fu~ly and comp!e!eiy as if alf of the sa+d sums o~ money we.e origina:iy stipuiated
' to be paid on auch day, anything in sa:d prerr;ssory note or in this ,ti1ortyage to the con~ra!y notwithst3ndiny; mtd there~~pon or thereafter at the option of
c said MORTGAGEE, without notire or demand, s~it at la~rr or in equ~ty, therefore or thereairer begun, n~ay be prosec~ted as if ali moneys secured hereby
~ had mat~red prior to its institurion.
' 7. ThaT in ifia event that at the oeginn~ng of cr at any f~r-ie pend~ng any su:t upon this (Nortgage, or to foredose it, or to reform it, or to eiforce
paympnt of any daims hereunder, said MORTG/~GeE sha!i apply ro the Ccurt having ~ur~sd:ction ti~:rcef fur the appo~ntinent of a Receiver, such Court shail
forthwith appoint a ~eceiver oi said morfgaged property aIi and singu!ar, inc!~d.ng ail a~~d sl~,?uia~ ~he ir.come, prof~ts, issues and revenues from whatever
` source derived, each. and every oi ,-:ti:ch, ~t being express~y vnde~siood is F.ercuy mOrt~a~ed as ~f spec~ficaPy set forth and desu~bed i~ the g~anting and
~ habendum clavaes hereof, and such Receiver shaU have au the b~cad and effec~~ve funct:o~:z and powe:s in anyw~s~ entrusred by a Court to a Receiver, and
suth appointment shail 6e made by such Court as an admitted cq~~ty ard a matter of abseiute rigM to said MORTGAGFE, and witho~t reference to the
adequacy or inadequacy of the vatue of the property mortgaged or to the sove^cy or ~nso'vency of sa;d h10R~GAGOR or the defendants, and rhat such
~ renrs, profits, in<ome, issues and revenues shai~ be appl~ed by such Receive~ accord~ng to the lier, or eq~ity of said MORTGA~EE and the praclice of such
Court.
8. To duly, promptly and full~ perform, discharge, execute, effect, complete, con:ply w~th and abide by each and every the stipuiatiens, agreements,
~ ' conditions and ccvenants i~ sa~d prwr.issory r.ote and thSs mo~t~age set for.h.
i 9. That in the eve~t the ownership cf the martgaycd prem~ses, or ac; pari thcreef, hecornes veated in a person other than the MORTGAGOR, the
MORTGAGEE, its s~ccessors ar,d assigns, may, witho~t rer,ce te the A10RiG%=OR, dea~ ~v!~h s~ch successvr or sccce~>or in irterest with reference to lhis
morigage and the debt hEreby secured in the ssrne ma~;ne! as w~th tAortgagcr w~thov? in any way vir;ating er d~scharging the Mortga~ors' liability hera-
under or upon the debt h:reby sewred. No saie of tt:e c~~•m~s^s hzreby mertgayed and no iorbeara»ce on the pari oi the thORTGAGiE or its sutcessors
or assigns and r.o eztension of tF.e time for the pa;mem of tt,~ debt h~reby secured aiven by tne ~.10R?GAGEE or its s~ccessors or assigr.s, ahall operate
to reiease, dis[harge, modify change or a~feci the crig~r,a; 1~ai~;i:ry ~f the Pf,ORiGAGOR hereln, eitier in ~vho!e or in part.
~ 10. It is speufically agreecl that t(me is of the esseiue of this contrac~ and rhat no waiver of any o6!igat~on hereunder or of the obligat~en sr
e~rad hereby shall at any time ;fiereafter be hc!d to be a waiver of the terr.,s hercof or of the r.s+r~ment secured herby.
t 11. In add,tiea to the forego'ng n•.u~th!y paym_nts ai princ pr.l and i.^'_. ~eq„~red by tt~e prcrn sscry r~o'e se:w~d hareb~, mortgayor covenanls
~ and agrees to pay to mortgagee w~'h each rncmh',y pay~.~er,t ar. add.::onai s~••i es' ^~reu b~ mxrg:g-=e to be eqvai to 1 12 of tne ann~at cost of ihe follow-
ing:
A-All real properly taxes levied ar assesz~ci ag3i•is! the abovc d~~sc~i~cd real esrate.
B-F;zmiums on fi~e and vrirdsrorm insur~cce r here~n reGu;red to be carricd cn t~c ,:rove•nerrs s:.vate on tne above dzstribed premises.
C-Premiums on such mortg;ge guaranry ir.surar ce >s ma~rc~~cee shail frcT: r~me ~o tim~~ deem fit to carry on the loan secured hereby.
Mortgagee sh~!.I frem time to t~rne r.ct~iy rr~cngsgcr ~n w~~t;r~ cf th= a~ro~~~t d~c a~:d p;yab'e h=_reundar and such su~~ sh3;l tnereupon be due and
payabie on tne due date o4 the n~xt mon!h:~ paym.e::t a:~d eech s~.:cc~:ss~~e ~•,o~~!h !F.e:e~hr ur,tl; mcrtgayee sha!I ~otify mcrtgagor of a change in such
amo~nt. Such suma sFa,l be applied by mortgagee to:;a•d ti~e payme:it of re_! property taxes, insura-c_ prem;ums, and mortgag= guaranty insurance
premiums.
IN W{TNESS 'NH RcUF, the sa~d MORTGAGOR has h_reu-,to set his har~d and seal the day and year 41r aforesaid.
Si led d liv i e presence af: ~Yi -
~ .d~c .
(Seal)
-
~ - (Scal)
- - iSeal)
STATE OF FLpRIDA ~
SS.
COJNTY OF ~ g ~.TL~' T~" ^ S. - 1
Before me peroonally appeared _ - Y,P M~ ~Rt,1EiI~4 and
MAl'+~ T+:1 ~ 7,flb~~~1 ~~gtA2^9 _ h~s wife, !o me well kncwn and knavm to me to 6e
the individ~als descr'rbed in and who exec~tecl the foregoing instrument, and acknowledged before me that they executed the s3rne for the purposes
fFerein expressed. And the said _ M~_i~~~,.~'+',~~75'1Rt:}'] ~~TAtt3j'~9 , _
wife. of thc aeid T- Ide ~era , upon a separate and private
examination by me taken separate and apart from her sa~d husband, acknowledged to and before me that sne exewted saici inntrument freely a~d v~lurr
tarily and withoui any compulsion, consiraint, apprehens[pr~ gr_.fear of er from her said husbar,d.
l" L~
WITNE55 my hand and cffidal seal this_.___~~~ day of A. D. 19_s.z.y.
~ - ~C.~1trt~l4-~""..s -
, Notary Fub;~c ' and far the State of F{orida at larqe
My Commissi expires:
Retum 70:
Ft~sr Feda.a pllbl';C~ Stiate of ~tarida at la~
Notary f , 1967
~:5q.y~gs b Loan t~ c' t' n
i~ `pt Forl P:e:ce. i`~c~~ R R~ Q t~py ramm~ss~on E~epiros AuB~. of N• Y-
aondvd By Amer~n Suroty
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