HomeMy WebLinkAbout2158 And said Mortg~9on, fw them~siv~~ and their h~iri, leyal repre~entatives, auct~uws ~~d Ab19M, her~by jointly and Nverally cov~nt •nd pr~e
to •nd wirh the said MORTGAGEE, its wcc~ison and a~~igni:
1. To pey all •nd •iryu!ar the principel and intsrest and the varioui and sundry ?uma of mpnty payabl~ by virtu* af iaid promiuory rwt+, ~r+d fhi~
mortgape, each ind ~vsry, promptly on rtie days rs~pectively ~h~ •ame sewr~lty becom~ dw.
2. To pay •11 •nd ~ingular the taxes, aiiauments, (evies, liabilitiea, oWiq~tions ~e+d ~ntumbr~~rn of ewry natur~ a~d kind now on aid describ~d
prupsrty, ar th~t lureeha msy b~ impo~~d, wffertd, placed, levied, w aatssad thtrwn, or that Iw~~aftK may b~ I~vi~d w as~a~d ~pon thb Mort¢
~y~, w t!u ind~bredness sacured hereby, t~ch and every, whan due ~~+d payabl~, acord~np to law, btfar~ tMy b~com~ dellnqwnt, ~++d b~fw~ anY 1^hurst
anaches or any penahy is incurred; AND INS~DfAR AS ANY THEREOF iS OF RKORD THE 5~4ME SHAII BE PRdMPTIY SAiISfIEO AND DISCMARGED OF
RECORD ANO THE ORIGINAL OfFIC1Al DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIP7 OR TME SATISFACTION PAPER OF~IC1AllY ENDORSEG
OR CERTIFIED) SHAII @E PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT, and in 1M ~v~nt that any iher~of i~ not
peid, sat~sfi~d and d~scharged sa'd MORTGAGEE may et any time pay the same o+ •ny patt ther~of without waiving ot rff~din9 any option, lien, rquity o~
~iqht undar or by virtue o~ the~ mortgage and the full sn.ount of e~ch and evory ~uch p~ym~nt ~h~ll be imrnediately due +nd pay~bl~ ~nd thall b~~r inlNe~t
From the da~e rhereot uro~l paid ar rate of eipht pe~ centum per •n~um and to9ethu wlth s~ch int~rs~t shall be secur*d by tM li~n of th:• mwytap~.
To pl~u ~rMd wmin~ovaly kr~p ex+ tM bulldinps now w Mr~aftw s3tw» e~ uid land ~nd on ~11 equiprnrnt ~nd pa~o~ally eow?~d by thts morrp•
p~, wlfh ~11 pr~mivrns H~non p~id in fvll, fir~ iruunroc~ in th~ wu~~ ~tsrdard policy fxm, in a•~m ~pproved by 1M MORTGAGEE, ~r+~d windatarm
Nnw~nw In tM uwat ~r~ndard policy form, in ~ sum ~pprowd by rM MORTGAGEE, In u+ch comp~ny a compani~s a~ tF» A1~RTGAGEE may
dlrsch and ~I) fin ~nd windstwm i~suranc~ polici~a on any of ~aid butid~nps. ~ny int~rqt tMr~i~ w p~rt ther~of, M th~ pfl~pat~ sum ~forNaid a
{n ~xna thrr~of, u'~11 tont~in tha wwl ~tand~rd mwty~~ elaua a tueh otFwr el~uw +s tM NtortpaqN reuY roquiro. maklnp ~h~ lou ~nd~r s++d pol{-
eip, ~ath a+d` ~wry, poYSbt~ to sald M4RTGAGEE as ih int~t en~y ~ppNr, ~nd e~th ~nd w+~y ~ueh poliey ~h~ll k» prompNy ~ss,pn~d ind drliwrid to
~ny Mld by s~id fYWRTGAGEE aa furtMr ~ecvrity to s~id mw~yaqs d~bt, ~nd, not Isw thi~ t~n (101 dsy~ 1n advanc~ of the •xpir~tion of ~ach policy, ro da
liwr to ~aid MORTGAGEE a r~newsl thsrsof, toq~tMr with a nctipt for tM pr~mium of ~uch r~n~wal; ~nd tFxr~ ti+~ll b~ no fir~ or windstorm inw~~nc~
pl~t~d on ~ny of u~d buildinq~, ~ny intar~at rher~in or part tl»rwf, unir~s In tiw 'Form ~nd with the lou pay~bla a~ aforas~id; •nd in tM ev~nt any ~um
of nvon~y brcorr+a p+Y~bl~ ur~dr. ~uch palicy w policiss utd MORTGAGEE thall hav~ tM optio~ to recaiw +nd epply tM s~m~ a+ accouM pf tM Indrbt~d-
n~s~ wtur~d hereby a fo ptrmit said MORTGAGORS to rat~ive •nd u~ it p+ny part thereof fo~ othar purposes, without thereby waivinq w imp+~r•
Inp ~ny pviry, li~n or ri9ht vnd~r w by virtw of thia mort~~ps; ~nd in th~ sv~nt said MORTGAGORS shali fur any n~son f~il to koep tM uid pr~mues so
IMUfft~, or fall fo delivar promptly any of uid pelitie~ of insur~np to ~~'rd MORTGAGEE, or fail piomptiy to pay fully •ny premium ther~fw w in ~ny
r~ap~tt f~il hp p~rfwm, diotharp+, •xecute, ~ffrct, cCmpl~t~, tomply with ~r+d •bidr by this covsnant, or sny p~rt herwf, said MORTGAGEE m~y p~sce •nd
pay for ~uch Irtsu~~nc~ or ~ny p+rt ther~of without w~iving or affectinp any option, Il~n, t~vity, or right undsr a by virtw of thi~ MwtysQ~, ~nd tM
f~ll ~mo~nt of s~ch snd av~ry wch payment shatl ba immediateiy due and p~y~bl~ ~nd ih~il bear interest from tM dets thtr~of until paid •1 ihe r~te ol
nin~ p~r tantum p~r ennum ~nd topether with ~uch interest sh~il be sacur~d by tM li~n of thia mortqp~.
4, To p~rmit, commit tx suffrr no w~rte, Imp+~irm~nt w dat~rlorrtian of taid propyrty a any part thenof. ~
S. To p~y all ar+d sin~ul~r th~ cost~, charqta ~nd •xponses, includiny ~ r~~~onabl~ ~ttorney's fH ~nd coat~ 04 ~bsfrach of title, incurred o? paid ~t
~ny tlm~ by raid MQRTGAGEE, bec~use or in tha event of th~ failure on tM {.~rt of tM ~sid MOR7GAGOR fo duly, promptly snd fully p~rfwm, diathar9~
~x~cuh, ~ffecr, complst~, comp~y with •nd abide by e~ch and ev~ry th~ ~tipulatiexu, ayrKrr»nts, cor+ditions, and covenan!f of said promitwry not~ and this
mortpap~ any or •ither, and s~id coab, charpe~ and ~xp~nse~, a~ch •~d ev~ry, ~hall b~ immediately dva ~nd piysble; wheth~rr a not th~r• b~ notic~ da
m~nd, ~tt~mpt to coll~et or ~uit psnding; and the full •maunt of each and evecy tuch payment shell bsar interest from the dat~ thereof until p~id at th*
rate of nin~ p~r centum per snnvm; and all iaid cosTS, cfiarpes •nd expenses inevrrsd or paid, toflether with such interyt, sh~ll b~ ~eturtd by th~ li~n of thN
~0+~• a
b. TMt (i) in the tvrnt of eny bresch of this Mortyay~ or default on ths part nf the MQRTGAGOR, or (b) in the ewnt •ny of ~aid wMt of money
Mr~ln nfKr~d to b~ not promptly and fvlfy paid within thirty (30) day~ nezt after the fame severally become dve snd pay~bl~, witlw~t demsnd or notica,
at ln t!» w~nt each and fvery t!w ttipulatio~s, ~greementE, conditiona •nd covanantt of ~~~d promit~wry rtott and thi• mortyys ~ny or ~itM~ ~n not
~uly, pca~mptly and fully ps?fwmsd, d~rcharyed, executed, effected, completed, complied with and ebided by, then in eitfisr or •ny •uch sv~nt tM sdd a@~
peeqate wm msntionad in taid promiuory nots then ramaininq unpaid, with interqt accru~d, and rll marttys ~ecurad her~by, sMlt becam~ dw +~nd pay~
~b~~ i~orihwith, or thsr~aher, at tht op~io~ of taid MORYGAGEE, •a fully •nd complettly ~s if ~11 of the said sums of money wer~ oripinally atipulahd
to b~ p~id on iuth day, snything in said promiisory note or in thi~ Mwtysge to the coNn?y notwithstandinq; ~nd therwpon w thero~ft~t at tht apt~on of
~aid MORTGAGEE, without notice or demsnd, suit at Iaw or in equity, theraPare w tfitr~after by~~n, may be prouc~ted at if •11 moneyi s~cvnd h~nby
hid maturad prior to its ira~titution.
7. TMt fn the event that ~t the beginning of or at •ny tirne pending any auit vpon this Mortgye, or ta forecfosa it, or ro reform it, or to enforp
p~yre~nt of sny tlaims Fxre~nder, seid MORTGA'vEE shail apply to tha Court hsvinq jurisdiction thereof for the appoimmem of a Reteiver, tuch Court shall
forthwith appoint s rxeivtr of raid mortqaged property •11 ~red •inguler, includmg •11 •nd •ingular th~ incame, profit~, isaue~ ~nd revenut~ from wh~t~v~r
qurce dip~iwnd, ~uh and •very of whith, it bairy expreuly understood, i~ hereby n+ortyaqed u if spec~ficaliy iet fath •nd destri6rd in tM printin9 •nd
hak~+dum clsus~s hsreof, end such Receiver shal! Mve •11 the brwd ~nd effectiv~ func+~ons ~nd pow~rs i~ ~nyw~~s entrusttd by ~ Co~rt to s Receiver, +r~d
avch ~ppointment shall be mid~ by tuch Court as an admitted squity md a rrtitt~r of absoluts riyht tn wid MORTGAGEE, s~ without rofw~nu ro th~
ad~quacy w inadequ~cy of the value c+f the prope+ty mortqe9ed o~ to tha sotv~nty a insofvency of uid MORTGAGOR w tM defsnd~nri, snd that ~uch
rrnts, profiri, incom~r, iuvs~ a~+d revenue~ shali bs ~pplied by wch Rtceiver accwdiny to tM Iien w~rquity of uid MORTGAGEE +r~d thr pr~ttiq of wch
Court.
B. Tn duly, promptly ~nd fully perfo:m, discharge, executr, effect, complete, comply w~th snd abide by each ~nd wery tFm stipulations, pr~emerrt~,
cond'diom uid cov~n~nb i~ said promiswry note ~nd' rhii mortq~9• ~et 4orth.
9. That in tfie event the ownership of the mortpeyed p~emisas, a•ny psrt theraof, betome~ vested in a p~rwn otMr tlun tM MdRTGAGGR, tfi~
MORTGAGEE, k1 warawn and stsigns, may, without nosice to the MORTGAOR, deal with such tucceuor or successw in intsrett with refsr~nc~ to thu
mwtpa~ s~d tM debt Mrsby secured in the sam~ m~nn~r with Mort9aya w~thovt in •ny wey viti~tinq a~d~uhery+nq tM Morfyport' li~bility h~rt
tender a upon the debt heroby sscured. No sal• of the premises Fureby mortqsyed ~nd no forbearance on tM part of th~ MORTGAGEE w it~ wcuuon
o~ ~uiqru ~nd no ~xt~nsion of tfis time for the payment oi ths debt hereby iecurtd yiv~n by the MORTGAGEE or iri succsswn ot wipnt, ~h~ll op~r~t~
b nlw~, discl~a*ps~ modifr cF+~nq~ s+r effM the oriyin~i liability of tM MORTGAGOR Mrein, elther in whole or 1~ part.
~ ' 10. It k tpscifiully ~qrwd that time is of the euenu of this conh~tt end that no wsivet ef any obli9atio~ hsrtvnde~ w of th~ obl3yation c~•
ew~d h~reby ~heil ~9 •ny tima thsrsafter be held to be a waiver of th~ t~rrtu herrof or of the instrument secured herby.
11. In addition to the foregoing montfily peyme~ts of princ pal ~nd interett required oy the prom:swry note aecured hereby, rtrottq~qor cown~nri
and aprets to pay to mortgsgee wirh each monthly paymant ~n ~dditional s~m e~timated by morr~;,gea to be equ~l to 1/12 of the annual cost of tM fol4ow-
A-All rri prop~rty taxes I~rad or etiesxd against tfie •bove dcuribed resl rstite.
B-Premiums on iire and windstorm inyurance at herein required to be carried on the improveme~ri sitvate on ths above deuribed pnmitee.
C-Premiums on such mortqage fluaranty insur~nce at morPgagee thall from time to time deem fit to tarry on the Eo~n tecursd hs~tby.
Mwfgegea shall from. timo to time no?ify mortpaqor in writing of the amount dua and psyable hereunder snd axh eum ahall thsreu~son bs dw +nd
p~y~t~1~ cm tfie dut datt of the next monthiy peymsnt •nd e~ch succassive month thertafter ~nYsl rtwrtqagee the{{ notify mortyayw of ~ ch~n~ in tutfi
~rno~~t. Such i~rrw shall ba applied by mnnqaqee toward the p~yment of nal property tsxa, insur~nc~ p~~miums, and mortyay~ puu~nt~ inaw.ux~
emiuwq.
IN WITNESS WMEREOf, th+r ~aid MORTGAGOR ha herwnto art hir hand rnd ~eal the day and ear first aforssaid
i
`f' Q RECQROED
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STATE OF FiORIDA 1~_f ~ 1~'1
~ ca,?~rrr o~ st~ Lt~tr.3~ - ~
G~ R F' 0{"i R 5,
bs(o~ rrM~ y ~Ppe~r~d ~ ~
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i " his wtf., ro ~r» v»II known .~d known 1o rr~ M~
~i~i. • t clgcr}~Mt.6n .and whv ~~~cuted tM for~qoerg fr»t?wn~nt. ~r~d scknow{~dp~d btfw~ rrN rhat tMy ~xsattd rM wm~ 4or ths P~rposN
:~is?'~.d. i~,a•;,k. ;~~a Paulin• ~oh_*+a n
: ,~i~ d=,~."~..ad ~ ~ = ' _ W i 11 i e d . 1ohn~ on _ _ ~P«, . ..~...a .+,a ~n.
~~cxnin~tlor? Dy mt Pkdl aepjrat~ and ~p+rt frum her ~id hwband, acknowl~dp~ to ~r~d beforo me that ~ha ~x*cvted ~aid 6nstrurr~nt fnely md rolurr ,
f+?Ny ~,wrd .wN#~bkt ~ny cNMP~il~io~i,. constraint, 'apgr~»naion, w fe~r of w from ha Mid hvsb~nd.
w ~g~~.~, ~
.•WRf~F.55 my~•Aaoi ~ai! officie! s~ri thf4:- r:t.~~' d d+Y A. D. 19
. . ~ ~ ~ J ~ i. 3
. . • ' ' J . r., ~ . Piotary Pvblk In u+d Stet~ of florbd~ ~t l~rg~ `
• ~ / i
, My Commiuioh ~ z
Return iot ; , _ ; . ' ~ ~ . _ ~
- - _ otary p~W~;~, State o( Flori~a at large ~
eiri:s~s F.dor•I S~.i~~s ~3;t's.~r As~eaatiois My Cor.trn~sio:~ Ec, irns j,lerth l. 1~59 '
of s~. wei. -CseMtjr.. ! p~~~ e~~A.; , a; '
Ft. Pieru. FIoFi~Y~ ~ . ~{`J~~ 9 ~..;~zny ~
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