HomeMy WebLinkAbout2062 3. lo place and conrinuously keep on tha b..,',i;r;~s r.c:: ~r h,r:~~t>r ~!t,~a?~ n~~ <,'.i '~,.1 , ri ~:~_~;,:...rnt a~,d personal'y ~o~erfd by th~s rrtortg-
~ge, with eli premi~r:ls the~eon pa:d in fc.ll, f~rc i~~<~rarre ~n th: ~su~l s'o~~:iard ~o'~Cy forni, in a ~..m s~rreMecS b~ the A10R~.,.~~;:E, and windstonn
iniurence in the usual standard pol:cy for,i, in a w~•i a~~pro.rd F,y th? Al'JRTGAG:E, in wch co~npa~,y or cc^:F,an[es as th~ MORTGAGEE may
direct; and all fire and winclst~rm insuranca polic~es cn any of said 'cuiid:ngs, any interesr t~e~eir; ~r E:a~t !I;arcof, in !he ag9reya~e fvm atOresa~d or ~
in extefi the~eot, shall cuntain the usual st~nuord mairg33ee ci.;usc or such o!hcr c~3usc as the Mcrtyayee n~ay n:~u rt, mal~ing the iosa ~nder sa~d poli-
ties, each a~d every, payab!r ro said MORTGAG€E as ;ts intcr~st n~ay appea•, a+~ii ea.ii a,~d «~~ry such p~ sf~a;t t:e ~•ror:ptly ass g~~rd a~~d del+verzd ~o
any held by said MORtGAGEE a~ iu~the~ s~.u~ity ro sa~d ir,~xt~agr debt, an:l, net !ess tFian t~~n ~lOj d.iys a:f;a„c•~ cf tha eapi~ation of each policy, to de-
liver to said MORTGAGEE a rer.ewal thereoi, togethtr with a rrceiur tor ih~ p~ern~um of sucn renev.>i; ~~d ~I~c:a sha'I be no f~re or windSiJ:m insuran<e
plKed on sny of said b~ildir,gs, any interesl therein or part thare6F, unfcss iri rhe for~n a~~d w;!h the ioss nayabfe as afornsaid; and in the event any s~m
of money b~comea payable ~nder e~ch po!icy or pol!cies said MOR?GAGfE sh. il have ihe e~.:~:on re rrc:~.~ : rd .,p~:y i;;~ s~n,e on auovni of the indebted-
ness sewred hereby or to pem,~t aa~d MORTGAGORS ro r~~c~~~~a and usr ii or a:,y n„n f~.:., ~f o•~. r,.;~, _,;r rh:-,:;: ..s;,;,1 ~;r ,,:p;,,-
ing any eqv~ty, lien or right under or by virt~e of th~s n:or!gar,~~; and in the event sa d MORTGAGORS sh:'I ;cr any rca~on iail to ~:c~ep rhe sa~d prem~s~~s so
inyuree~, or fail to deliver promptly any of said pol~cies of ins~ranc~ to sr~d AM1OR1GAGtE, cr t~:. : o;, f~iy tp p~y t~,ly a~~y pr~ n therefor or (n any
rexpecr fail to perform, discharge, execure, effect, con:p;ere, ce-~~ply whh and ab;de by th;s ceve~.~re,. or any F.;~~t hereof, sa~d MiuRF;,.aGEE may piace a~o
p~y far wch insurance or any part the~eof w;thoui waiving or atfccting any option, lien, eq~~~y, or r~ ;h~ u~:der er by v~rrue of rh~s 4lorigage, end thc
lull amount of each ar.d every such payme~t shall be ~mmed~atrly d~~e and payable and ihat+ b~ar ~nteresr from tha dar~ thereof vr~rii p~;d at tha raro ot
nine per cen!um per annum and togethcr r~rh su<h inre•vsi shru be s~~:~red 6y ihe i~en of tnis mortgage.
4. To permit, eommit or suffer no waste, impaim7_rt or detenera!~on of s~~d property or o~y pan thereof.
5. To pay all and singular the costs, charges ar.d expenses, including a rea;onab?e attomey's iea and costs cf a6stracts of tit'.~, int~rred or paid at
any time by said MdRTGAG:E, because or en the ever.+ of ii~e fa iur on ti~e parr of ,I~e sai;~ RIORiG-GOR ro duly, prvrnpNy ar,ti fuliy pe~fo~m, d~scnarge
exec~re, effed, complete, comply wrth and ab:de by each ar.d eve~; vhe sr~pu!a~,ans, agre~~n,ents, cund~ilons, an~! covenanrs of sa~d pran~ssory note a~,d rh;s
mortgage any or either, and sa':d cosrs, charges and expenses. each ~nd e~•ery, shail be imm_•diate!y du~ ~r,~ p»y3~i~; ,,,;heihe~ or noi fh<<e be r,once d:.-
me~d, aftempt to coNect or wit pend~ng; and the full au~ounf af eech ar.d everq svch pa; n~ent shali bear ine~rast from the date thereof untii paid at ih~
rate oS n~ne per czntum per an~}~.~~; anc! a~l said cos~s, cha,ges and cR.:~rs:s ncwred or pa~d, i~gaiher ~ti,tn such intere~i, shall be sewred by the lien of th;?
mortgege.
6. That (a) in the event of any breach of this Moitgage w defsv`r rn t)•: par. ef the N,OniG.~GOR, or (b) ~n fhe event any of sa:d sums of money
herein referred to be not prompriy ar,d fu!ly p~~d wirhi~ th;rTy ~3^v) days ne.<! air:r tne san,e se~era'I; o~cene d..~e and payable, wi~hout dema~d o~ r.ot~ce,
or in the evrnt each and every the stipulaticns, a~reements, ccnc~tio s anci covenanrs o' s~ d pro n;ssorY note ar,d th:s rnorrgage any w e~ther are nci
fuly, ~romptiy and f~liy performed, d:schargad, executed, eifected, cornp,etcd, comp;:ed w~,h ar.d a6~de~d 5y, ~hen ~n z,ther or any wch event the sa~d ag~
gregate sum menrionzd in said prom~ssory r,cte ~hen ren~.a~ning Unpald, with inr~rr;r ~cu~ed, er.d a.i n,cr.~~ys sec~red hcreby, sh~{I oecume dve and pay-
eble fortliwith, or thereafter, ar the opt;on of s~~d :40RTGAG~E, as f~iiy ar.d Co~npietciy as if all of ti:_ s~:d w:ns of money were onginai~y irip~iated
fo be pa~d on Sueh dzy, an~thing in s~,d p~oinissory note o~ in th~s ".lortgaq.~ tc the contrary not.e~ths!.;nd ng; and tnercupon or thereahor a' the opt~on of
said MORTGAGEE, wirhoW rot~ce or demand, su~t at iaw or ~n equ~ry, ris~reforc or thercairer begvn, n;ay b.= nrosecuted as if a!I naneys secwe~ hereby
had matured pnor to its instit~tlon.
7. That in the event that at tf~e beginn;r.g of or at any rr.~e pending a~y su z u~-o? this Nertga~e, or tc feredose it, or to reform it, or to enforce
payment of any elaimy here~nder, said MORT(3.4i,;E sha!! app:y tu the Co,,:t Fa.-;cg ~on:cf ct;c•} fF~,rect fa rhe oNFiO~ntnlcr7t of a Receiver, such Ceurt shal~
forihwith appoinl a reeeiver of said mortgaged propariy a:! ar.d singu!ar, includ a„j s~~_;~lar ti+e ir,coe~e, pro!rts, iswes ar,d revcn~zs Erom whatzver
source derived, each and every of wh":ch, it oe~ng exuressy ~~ndars~cod, ~s ter.<uy r,,;ng:,_~d ;,s s,ec:t~c~!iy set terih and desaibed in rhe granting and
habendum c?auses hereof, and sueh Receiver sha~! have a:~ tn~• b~e:~d a•~d e!fecr,,;e fun,i u,s .~r.d ~or:ers in any,vlse entr~sred 6y a Court to a Rccarver, and
su~h appolntment shal: be made by such Cour~ as an ad ^,itt_d e:;~~ty and a n,ait~r oi >_bso:.:re r,gF.t to s.iid h+.ORTGAGEE, and w;~heut reference to the
adeq~acy or inadzqvacy of the vaiue of the p;operry mongaged o~ to the su.vt•:,.y er ;r,;;;.~_•n~y of sa:d N,Ck?G.;~CR cr the deie~~danra, an~ rhat such
rents, profits, income, issues and rever.ues shaii be app:~ed by su:n R~~cei~-e~ a;coru,,-g to the I~en or eq~ity of sa:d MORTGi+GEE ar.d the prattice of s~ch
Court.
8. To duly, promptly and f~l!y perforn;, discharge, executn, effect, co~.•pl._te, ccrr•,F,'~r v.:!h and zb.i.'e by each ~nd every the stipulatiors, agreements,
cor.ditions and cuvenams In sa~d promisso q r,cte an~ tt;3 n;~rrg~~~ s~r fp'th.
9. That in the ev?m the owr.ersh:o of ?ne rnor!gaacd Frc.,•l;es, er e~,y Fart th; r:.-.: E:e;o-rrs vesreJ ~n a nn•sc~ o+ner than ?he ,tiSCRTGAGOR, the
MORTGAGEE, its s~cceseors ar,d ass;gns, n,~•i, v.:~1,n;,t coi :e ;o K'`r`-,'~,R, d<~: _;ch succrsscr er s~cc. s>or ~r. ;nterrs+ w~ih reference ~o tl;is
mortgage and the clebt hereby secured in tne SJm_+ r.,~nn,:~r as w!!rn` :t;r~g,ao~ v, ri,c~r t~ a-,y :•:~y via r:n• g c~ d ychar 3 the !t,~r~~agors' Iiabilir~ here-
under or upon the de6f hereoy seared. No s3!e cs t`e ~:re~:'ses F;r«, , tq;.ryeci r-d no {~.,;~z,r~-;,e t~;r ~ar, oi the !~.pR;GA~;,i~ cr its svccessors
or assigns and no exrensEcn of th~ tir„e fr,r th F a}~,ert r-:-- ri• ' y.~.cJr_;.) y:, ~ hy ~y ~„f:;T~ C_: o~ ~rs sxcessors o~ ass:gns, ~I:ali opa~ate
to reiease, d~scFarge, modify char.~e or affect tr._ o~i~ r,_, ,:zi~ T~ o~ tF_ t~.OF,ivAGOR f er~•!n, e~tt.er in ~,rre,e o~ in part.
10. It is spcdficaiiy aoreed ihat ti~re is of the essenc.; oi ri,~s ~a,r-~,~; ~,~c~ that ro wa~ver of any o~' ~rt,o~~ hereundor or of the ob!igatinn se-
et,red hareby si~aii at any time th~reatrer be Feid tn :.c a a:ai~er cf +f-.e ;er~,t !~._.~;,f o,- of the i~:s~r;; ^er,r s~._-ed hc~by.
~ 7 ~ ~ F~ s or ~.-c i . r.a.. ~-d 1 rr
11. fn add:tie~ to the fore c n c ,.;n " ~ ~ ~ c,• r _ s-_.,r_~d h:•. 6;, no-t~3~or cavenants
and agreex to pay to n,.origagea wi!h ta.' on n~ F,~p z t a~: ~.o.; ,_.i , s k J .o•+, to L, c~_;,: to i i2 of t:.c .:.,,3; ccsr oi the faiiow-
ing:
A-Atl reat property tsxas iev~ec: or 353:'SS~_(f ~_,~:;~~st ;h~ ~.,.ri-._d rea? c~:~are
6--Pre:r,;~ms en fire and .v~r.dsro~,n irwr:-c~• s r re::: r-c,•~:d •o L~r ca.•:•J c~~ ~!z ~ cn t~.z abova d~s,nF,~d pr>_n~~ses.
C-premiun,s on such mort, ;:~aran? ,~•;ura~.ce ~s mo•,~
~~9~ Y 7 • sh3 i c d:e•n f t!o carry cn Ioa _•ed he:ebY.
Mortgagee sh j:c•t~ ~'•~e tc • e ne~:f mcrr :.s~c~ ~n ' e her •~izr 3,~ s~h s~: ~•ner~uron be due ar.d
~ ~ c r~ t J r~, c
payab~e en tne ~~e a e oi = r;,rr onlh', ~,,~~n a•~ e ce ;e ,.c . ~ , •g3~ E s!,~ , }~y r~ _gc• cf a chan~e in s~:n
ameunt. Such surr,s s~a.I b~ a~a!~ed ~y nt„~!y ~,e to.;a ~.i•; .a~ ~nt oj r~~! •c;,e•r; ar~-s r._.____ pr~ _ s, a,:J ,.,-;ga~_• guaraniy insuran;e
premiums.
IN \'?liNE55 '.YHcREOf, the sa:d ~45pRTGi.G::R h3s here, to set h~s har.a and s~_3i the day and year first a`oresa~d.
Signed, a;ed and ~ivered in the pr~sence of: ~ , , y+ ,
- ~ ( I)
/ _ _ al) .
- - ~ - ~(Seat)
~ - (-Sr.a!)
STATE OF FLORIDA ~
COUNTY OF _ ~$i Ti1: ~ ~ e _ ~ ~
F Sefore me personally appeared Ci~lA?'~~~'s W1~~.~._.~__A~ bY'i ~h.~_,._______„ _ and
€ _ Marle Urt~s A7.briuht, fo~P ~ MPr1e U t. ~ ,
~ ~a~--- F~s wife, to ma we i!~nov.n and known to me to be
the indfviduals detulbed in and who exewtad the foregoing instrument, and acknawledged be`cre me tfiat they execvted the s3me for the purposas
~ thcrein Rxpressad. And the 3a~a______~Qr1~ L~rti s A1br-i~ht, formPr~ v_~pr!~_Urti~_~__
wif~ of tha sa~d ___~h,.grl ~?~'i 7 1 i em ~i~ }~r1 ~}7}' , Uper, a se~arat~ and p~ivate
examination by me taken separate and apart from he, =a:d husband, acknowledged to and be`ore me that she exccuted sa~d i~strument freeiy and volun-
taniy and yv;thout ary comp~'sien, constraint, appreh~~ns~;on.~_~ fear oi or from F~er said husband.
Y~ITNE55 my hano and offic~a! seat this___~+S day ~{-_!TU ~ A. D. 19 ~1__
. i tvorary Pub'ic ' a~d for the State of Fiorida et Large
R~~npOC~~ My Com~nss' n expires:
Ret~m (o: ~i 8 A~0 tirR `
First Federal Savings $ Loan Assod%a? ~.,rr ~ti ~ _f,~ .~t l:~rqE
Of~'Pd•1 P:e~ce. ~ ~ . . - '.L' o, 1367
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