HomeMy WebLinkAbout2677 And taid Mo~tgayori, for themialves snd their h~irs, t~fls! rapr~tsntatives, succeswra snd ~~si9ns, heraby jointiy an~ qwrally tovsn~ni •nd pr~e ~
ro•nd wilh the s~id MORTGAGEE, iu ~ucut~ers •nd esii9ns:
l. To p~y all and iinp~~ar the principal and imert~t and th~ various and tundry iums of mor~y pay~bl~ by virtu~ of •~id promi~sory noN, ~nd tt~i~
matq~qe, each and rvery, promptly on th~ d~y~ rotipadively th~ ~amr s~wrilly brtami dw.
2. 7o p~y all •nc! •ingu~+~ the t~xes, •saetsment~, I~vi~s, liabilitie~, obiiyationt ~nd Mcumbrrncs~ ot every nat~r~ ~nd kind now on uid described
prop~rty, w that he~eafter mey bt impwed, wfferod, placed, t~vied, or ~aeaed tMrwn, or that henah~r may b~ I~v~ad a aaa~a«! upon th4 Mortp-
~qe, or tM Indebrsdnes~ ~ecvred hereby, ~ach ~nd evay, when due and p~y~bl~, ~cto~dirsp io I~w, bt(ore fMy b~com~ d~ll.~qwnt, ~nd b~Fw~ ~ny I~MeH
~t~achai or sny penalty is incurred; ANG IN50FAR AS ANY TMEREOF I5 Of RECORD THE SAME 5MALL BE PROMPTLY ;,ATISfIED AND DISCHARGED OF
RECORD AND TME ORIGINAI OFFICIAI DOCUMEiVT ~SUCH A5, FaR iNSTANCE, THE TAX RECEIpT OR THE SATISFACTION PAPER pFPIC1AllY ENDORSEO
OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT : fTER PAYMENT, and i~ tht sv~nt thst ~ny tharwf is no1 ~
pa~d, xaK~fied snd d~icharged xa d MORTGAGEE may at any ~~me pay the ~ame o~ ~ny part ther~of wirhout w~ivinp or ~ff~cting s~y option, li~n, ~quity a
•iaht under or by virtve of this mongage and the fuil amount of e+ch and wery wch p~ym~nt ~hall br immediateiy d~~ and paysble and sh~ll bear inranr
From the dete thereof vn~il paid ar rs~e of eight pe~ ce~tum ptr ennum •nd toyether w~th wch int~re~t ~hall be sewred by The IiOn of th'• moryqp~. I
To plan nd continuou~ly kNp on tM butldir,p~ now or hRrNftK ~itu~T~ On t~ifl I~nd ~nd on ~II pulp,r~ent ~nd perwnilly cov~r~d by tN~ mort~ 1
p~, with ~II pry+nlurru tMrwn paid in full, fin Inwr~nc~ in th~ usu~l tt~nd~rd policy iorm, in • wm •pprorsd by tM MORTGAGEE, ~nd wtnd~twm i
Muwq+o~ in tM wwl ~t~nd~rd policy f«m, In • wm •pprovsd by rM MOKTGACEE, In such comp~ny or cnmp~ni+s a tM A1dRTGAGEE m~y ~
dirKti Md •II fir~ ~nd wind~twm insur~nt~ politiM On ~ny of ~aid buildi~y~, ~ny int~r~~t thrreln w parf thersof, in tM ~fl9req~f~ ~vm ~FprNaid p
fn ~xpu thtrwf, sh~ll eont~in tM u~u~l ~tand~rd mortqa~ el~us~ w ~ueh othor el~us~ ~s tM Mor+paq~~ m~y r~quir~, m~kfnp t?» Iws ue~dw ~aid polH
cl~s, ~ath ~~very, payablr ro uid MOitTGAGEE ~s ih int~rtst may •pp~ar, ~~d ~~ch ~nd ~vary such policy shall b~ promptly ~sa.9n~d •nd d~liv~r~d to
~ny MW by ak! M4RTGAGEE funM. aecurity to said mw~pp~ debt, ~nd, not tess tMn t~n (10) doys in advsnc~ of th~ •xpir~~i«r a4 ~ch policy, to dr
tiwr fo wid MORTGAGEE • ren+wal tMr~of, roQ~tMr with • r~c~ipt for the pr~mium of ~uch r~n~w~l; ~nd th~r~ shall b~ no firs or wind~twm insura»c•
pl~d on ~ny of s~id buildinp~, sny intefnt thsrain w p~rt therwf, vnlet~ in the fo~m ~nd with thr los~ peyable •f afores~id; and in th~ •v~nt •ny ~um
of mon~y b~cwr+~~ p~y~blt undsr tuch poliry o~ pol~cias said MORTGAGEE shatl hav~ th~ option to receiv~ ~nd apply the sam~ on ~ccavnt pf th~ indebt~d-
rnss Ncur~d htr~by o~ ro permit uid MpRTGAGORS ro reteiv~ and us~ it or ~ny pa~t thereof for other purposes, w~thoW rhereby waiving cr ~r*+;,s~r• `
Inp ~ny puity, lisn or riyht und~r ot by virtw of thii mortyap~; and in th~ ev~n1 s~~d MORTGAGORS ihell fnr any rea~on fail to keap th~ ~~id pr~mi~es w
(tqund, w f~t{ fo dslivtr promptly •ny of siid policies of inaur~nc~ to r~id MOkTGAGEE, or fai! pramptly to pay fully •ny premium th*r~fw w in any
nspect f~il 1o pKform, di~chsry~, ~xecute, •ffect, comp~ete, comply with snd abide by thi~ covenant, or •ny part hereof, ~eid MORTGAGEE may pl~ts •nb
pay fa such Insur~nc~ or sny part ttkrsof wi!hout waivinq or •ffectinfl eny option, lien, equ~ty, or righ~ under or by virtue of thi~ Mort~e~s, rnd ~ht
tvll ~mount of Nch ~~d ~v~ry such paymerit ~h~ll be immediately d~~ and pay~bl• •nd shell be~r interost from the d~te th~reof until pai~ st eM rata of
nin~ p~r c~ntum p~r •nnum and toyether with svch interest shell be secured by th~ li~n of this mortg~ye.
4. To permit, tommi! or ~uffer no wsste, impairment w deterioretion of t~id prop~rty ar any pan thrreof.
S. To pay •I! and sinpul~r tM cwt~, cheryea •nd exptn~es, includiny • n~yonablr ettorney'~ fee end cost~ of abstracts of titls, inwrred or p~fd ~f
~ny tlm~ by E~id MORTGAGEE, becaufe or in rhe evant of the f~ilure on th~ p~rt of th~ ~aid MORTGAGOR to duly, promptly and fully perfa~n, di~th~ry~,
~x~cut~, ~tfM, cor»plet~, compty with and sbide by each ~nd every tM ~ttpulation~, ~gr~em~nts, to~~itions, and coven~nts of said promiuory nors ~nd thi•
motigay~ ~ny or •irher, snd uid costf, ch~rpe~ inif expanka, eech •nd every, ~h~li b~ immedist~ly due end peyeble; whethsr or not fh~re br notic~ dr
m~nd, ~tt~mpt to collec! or suit psndiny; and the full emo~nt of each and ev~ry tuch payment thall besr interest trom th~ dat~ thereof until paid ~t th~
rete of nine per centum per annum; and ali ~aid cosrs, charqes and expenset incurred or pai~, to9ether with such interttt, ?hall ~~ecured by th~ IKn of thia
~DW~•
b. T}+~t In tM ?vent of eny breech of thii Mortgaya or default on rM pert of the MORTGAGOR, or (b) in th~ event •r.y of s~id avms of rr.~~ney
F»rain r~f~rred ro be not promptly and fully psid within thirry (30) day~ next •fter the ssma ~evenlly become due end peyabte, withow d~m~nd or rroHc~,
or (ra in tM ev~nt eath end every th,e ~tipuletion~, ~greement~, condition~ snd covenanri of said promiiaory note and Ih~t mortqay •ny w either ~r~ nd
~uly, promptiy and fully perfarmrd, d~tcheryed, executed, effected, completed, complied with •nd sbided by, then in sither or ~ny wch ev~nt tM s~id +p~
pr~pat~ wm mentien~d in ~sid promiuory note then remaining unp~id, with intere~f ~ttrued, ~nd ~II mo~~ys ~ecured her~by, ~halt becom~ d~~ ~nd pay~
~bl~ forthwith, or tMr~atta~, ~t the option of said MORTGAGEE, ~i tully end completely •t if alI of the seid sum~ of money were oriqin~lly ~tipul~tsd
to b~ psid on such d~y, snything in taid promissory note ar in thi~ Mortp~ge to the conrrsry notwithst~nd~ny; ~nd ther~upon or there~ft~r •t the nption of
wid MORTGAGEE, without notice or demand, suit ~t law or in equity, therefors or tMreafter bepun, mey be prosecuted e~ if a11 monsy~ tetured Mr~by
!ud matvnd prior to it~ (nstitution.
7. Thet in tf+a event thai st the beginninq of or at sny time pending any eui4 upon thi~ N4ortgags, w to fareclwe ft, ar to refo~m it, or to snforp
pnym~nt of •ny claimt hereunder, seid MORTGAGEE thall spply to the Court havinp jurisdictio~ theraof for the sppointment of • Receivsr, ~uch Gourt shall
forthwith appoint • receiver o! ~aid mortysqed property all ertd ~ingular, Sneludmy •II and •inyul~r the income, profit~, iu~e~ •nd rwenue~ from wh~t~v~r
~rce daiv~d, s~th •nd •very of which, it txinfl express!y understood, i~ heraby mortya9ed aa if spec~ficelly iet forth ~nd deatribed in tM qr~ntiny •n~d
hat»ndum clwses hsreof, and such Receiver •hsll have all the broad and effepiv~ funct~om snd powrn in •nywise entrusted by ~ Co~rr4 to • Raceir~r, and
wch ~ppointment th~ll be made by such Coun as an admitted eq~ity rnd ~ matt~r of ebsolute riqht to aeid MORT(',AGEE, •nd withouf ref~renu to fh~
~qvacy a in~dequecy of tha vaiue of the property mortpaged or to the tolventy w ir,solvency of said MORlGAGOR w tht ~efend~ntl, ~nd th~t tuch
rsnh, arofih, income, iuuet •nd ravenva~ •hall be epplied by such Receiver eccordinfl to ths lien or equ~ty of said MORTGAGEE and the practiu of tuth
Co~xt.
8. To duly, promptiy snd fully perform, diecher4e, exetute, effed, complete, comply with ~nd sbide by eech ond ev~ry t!~ stipul~tioM, synemenh,
eax~itforu ~nd covtnants ~n uid promissory note and thi• mortqaq~ ~et forth.
9. Th~t in tM evcnt tfie ownership of the mortyafled premita, or ~ny p~n thereof, becomes v~sted in ~ perton other than tl» MORTGAGOR, the
MORTGAGEE, iti succesxon and assigm, may, withcwt notite to the MORTGAOR, deal with s~ch •ucceuo~ or s~ccesior in interest with refersnca ta thi~
mortyap~ ~~d ths debt hereby secured in the ~ame manner et with Mortfl~yor without in any wey vitiating w~discharqiny ihe Mo!tpiyon' lisbility Mr~
ur+d~r w upon the debt hareby fecured. No ufe of the prsmius her~by mortqepad rnd no forbear~nce on the part of rhe MORTGAGEE or its su~uason
p~ssipns ~nd no ~xtensiai of tM time fw the peyment of the debt hereby ~ecured flivan 6y tha MORTGAGEE or it~ succeiwre or s»iqns, ahall op~rat•
ro nlew, disclarg~, modify ch~nq~ or affett tha oriqinal li~bility of thm MORTGi~GOR hsrein, eith~r in wholr w In psrt.
10. It is specifiutly syreed that time is of the essenc~ of thii contract ~nc! that no weiver of ~ny obligation Mrevndar w of tM obli~~tion a-
wr~d h~r~by tMll ~t any tim~ thererftes b~ held to be s wriver of ths ttrms her~of w of the instrument tecuied herby.
11. !n eddition 4o the foreqoing monthly payments of princ psl and inttrest requ~red oy fhs prom~awry nate securcd hereby, mortg~or cownanh
~nci eqret~f to pay to mortgagee with each monthly payment an ~dditional •um estimsted by mor:g;.gee to be equai to 1/12 of the snnu~l cost of tFr~ foltow-
A-All r~~l prop~ny t~xes lev:ed vr asiessrd egainst the akwve described res! ettate.
B--premiums on fire and windstorm imurance ss herein requ'ued to be urried on the improvementi situate on the •bove desaibc~ prsmtse~.
C-Premiumi on such mortyage gueranty in:u~ence e: mortfla9ee shall from time to time deem fit to carry on the loan aecured he:aby.
NbPrg~yae ah~ll from tima to time noiify monge9or in writinq of the amount due end payable hereunder and such •um shall ther~upon be dva snd
p~y~bl~ on ti+e dw date of th~ next monthly payme~t and each wccetsive month ther~after until mnrtgegee shall notify mor!gagor of • chanye In evch
~mount. Such aumt ~hell bs •pplisd by mart9s9e~ towerd ihe p~yment of r~sl property texss, iniurance prem~umi, •nd mortqaqe ~u~r~nty iruur~nc~
prsmturm.
IN WITNESS WHEREOF, H» faid MORTGAGOR ha~ hersvnto aet hi~ hand and te~l the day and year first sforesaid. ' ~
s~~.a s.. .~a af: F 1 L~ D.~~ ~J ~ R E Ct~ D E D , ~ ,
~~C18~ ~~GQt'Q~t a ~ 0 K - ` n
- ~
~C,: i,..%TC ~ ____-~?•n
U5 JUL 12 ~I . 3 6 = r~; ~
.t•;iltla,t i:.!
S7ATE dP,,~lpy~ ~ ` r a _ < y . , ' _
~ ~ t T3~p-~~~~ R~J/~~ ~ t t~ ~ t~ ~t ; • r. ' '
•"iTtl'~.'~~~~~ FiI V~ ij ~"JI .L1J. ~~L~f1K . . - ~
~~r _ S T. I~• L~1~ Y_ - ~ ~ - r
~ °-a~"d -_~ea.aa L. D~RIDA •
his wif~, to rrN wef! knDrm ~r±~ krio~Kh •te Qw fe be
~~r la !nd who •x~c~tsd tM fws~e~~p i~utrvm~nt, ~nd ackn,owledg~d befvn m~ tMt r1»y •x~cuted N~i ~sa?vir ~r,tha,~+r[po?y
h,.te~1,~.~ _ ~ ~r..s~sd; T!,elma L. ~a~~le : . : r'_
~~:'..w, ' ' " -~er. R, ~oyle .
~r ; ` u{son . ..p.m.• sri~~ pMv.+t
ex~minWay~?n~•t~k~n i~K+~~ •nd sp~rt from her satd hwbend, ackrrowl~dged to s~d befa~ m~ that ~h~ axacut~ s~id tn~tr~rrr~nt frNty ~nd volw*
t~rily ~'.w t',i~y tom~iif:a~, con~traint, appr~h~ntion, fe~r of w from Mr wid husband.
J
W~TNESS rtry~harwd and offici~l ~e~l thi~ ,~0~ _ dey of `jU~"~'' A. D, 14 ~c
NWary Pvbiic i~ ~nd for ~t~ of lori~ at larp~ 1
Mr Commisaion ~xpirs~: ~5//~~/ q
Ret~rn To: J /
CiHzsns F~d~rat Sav+nys R lc~n Assocircioe : ~ ~ . i ~ ~ .u. ~ - . . . `
OF S1. {.YC~ COYfYfr i~~yyCo::,-~~~;,~~;~: r{~~•,:s ~r:~.~~: i, ~,o~
i) p7 ~ s.-:.a er . . , a .....a , c-
Ft. Pieree, Florid• ~
B~GK
~ .