HomeMy WebLinkAbout2760 3. To pleca and con!inueui'y kzap n-~ th,~ t_~:: ..~e : c.ti cr hf~re:',ar rr.:.+., .i :a ~d r~r r..:! p~,rsons" c,.verrd by th"s martg.
age. w;th all premi~me thereon E;a J~n t~~' f~.~ e :.~t tr s. < i ~ c~cy 't~:m. i i e>: ~,r~. i c ~i `.1~ ri 3":~ :..~Y.:SfJ:t:l
insurance in fhe usual s~andard pd cy fcr~n, ~n a s~ .~d t; .1 „ h.JR~C, 1G:~, tn s~ch cv a~~y cr c,,;:; .,s ,h ~,.~.O~tTG:a~;~E may
di~LU; dnd all ~i~t An.~ w~nc~iterin inSurar,ce pc:~t~_~5 s~iy uf ia~~ bu~'cl.r:ys. any. ~;~ter.->i f~ :~r F~.i:•t tF-:r~:'. In the ajyr•:-:}3!e su:~ af~'rrsaid or
in axcess thereof, thall conta~n tF~e ~~sur.l stan<iard ~:wrr.;.,~o~~ c'.,..se or r..ci, o~l,rr c'a~sr as ihr ...r.ty±_~~r ~~~e~ r~.;,,.re. ^,ai.~ny t~~.~ Ic~s ~rdor s., d poli-
tief, rach ar.d every. payab~e ro said h1ORTG.4G~. as ~rs ~~~~_~.st sy :;•~:e.,r, ,:~d e;:ch :~,d e.~~~~ svcii ii„~; i:, ~ rc:;r,:,ny oss g~ircl a:ui de:i:e;ed ~o
eny heid by eeid MORTGAGEE as furrher security to s.~:d •.._:!g.,~., ci,.nr' d, eor !~~,s +han r~•n ~;:1 d: ,s i~ a;i. c~ c>f ~'r~c e~y:•i ;t~on oi es:h po!~c~. to de-
~ivf~ f0 said MORTGAGEE a rpnewal Ihc'reof, tO~jethPr w~iFi a r~~Ce~~E~t fG' !h~: p~r~: ~~~tn O~ s~~cn ic•tcr:.~~; .l.~d tl~.,iC <_a~J F:~ i~C l:re i~' w~!~~dsio'~n in5~rdnta
placed on any of ~aid buildinge, any intcrest theie.n or p~:i thereoi, ~n'~_zs ~n ~h~ 4erm ar~d .ti,~h tF,e .c,s f~a,aLr as a`a~es:~d; ,nd i~~ rhe e~e~~t any sum
of mo~ey b~comes payubte vnder s~cfi poiity or poLc~ri s.~:J :'OKiG~.G~e s~~jil hj.~~ it~~~ o;:~.~n ro r_t-l:_• .:i .,c; y}:P,' )dlle 0l1 dC:OU.N vf the ind~-.~rrd-
ness secured he-eby or to pern~t sa d r~oRTG~GO,s ro rec~•~.:• acd ~se it or i:•r r: . . . ~h
ing any eq~~ty, lien ot riyht ~ndar or by vi:tve of tt~ii mGrt:].j7_; and ~n t!:~ ev~a~t sa d:. ~ G~,~=CR` s'i I'_• ~ny r„s?n f?~1 to k~~~~ fF~E• Sd:CI (]!c'n1~32S so
insurcd, c+r faii to deliver promptly any of s.~~d F,ol.c~~s u1 ~;~sur:~nce ro ss;d MOR1GA~tE, cr e,.' ,,~:.•;•~y,ro ~ay fu,:y .+nJ n~: n thcrr.'or or in a~y
rospect Fail ~o perforrn, dlscharge. e¦ec~~te. rfte:r, co~T~p'ni~~, co,,F~~y w~~h anJ eh~de by tl,~s cove~ or an; i hore, f, s~,d MvkT;>:,GEE rnay p;ace a~~ci
pay for iuch insurante or eny part ihrrrof withou~ waiv~ng or atfecting any npt~on, lien. eq~lty, or n;;!;t vnd_~r or by v~rtue of th~s hlertgage, and the
full amouni cf ea<h and every such paymem shall br i~nmrd~ately due and paysbic and s1~a:l he.~~ int~r_s~ 1ru;u th~• datr tt,ereoi u~~t~{ p.,~d at the rate oi
nine p¢r Centvm per annum and to3eth.tr ~nith su:n intrr,st shau br s~~:~~r~d bp the Gen o1 ih;s mOttgage.
4. To permit, tommit or wffer no was~z, irrpoirinent or dcleroration of sa~d proF.erty or any pa~r th~~roof.
5. To pay all and :~ngular fhe eost., charaes a~~d expe:•ses. ~nc;.d:•~g r~~azo~~ab',~ artor~~~;'s fea .i ~J c:s~s of at~srr,,us of t:t!e, incuned or p.~fd at
any time by said MORiGAG:E, because cr in the event of ii:•: f~ lv~e on rir~ cart of :he S.+ d!.`JRTGAGCR !o d~:y, F:~o~~prly and f~!~y p~rform, d~sciia*ge.
exec~te, etfect, eo~nplete, comply w~th and ab:de by ea:h ard every t!~e st~pu!s! ons. _~gr,••, ~nrs, cond~tro^.s, a~J ieve•~~:~•s ef s:,~d pro~n~;sc~r~ nete ar,d th;s
morigage any or either, and sa;d cosri, charges a~~d expenses, ench and ever,, sha~i be ~r:~n.d~atei~ dve ~nd p~yrbtr; wh:~rh•_r or r.ar tt~e:e be nor~:e d~
mand, atternpt to collect ar suit pend~ny; and the 'ull a~neunt oi ua:h and e~c~, s~ch nt si aii bra• int•,,:rst from the date thereot ~mii pa~d at the
rate o~ nine per tent~m p~r annu:;r, ~nd a~l said c.~sts, ci,o; jes an:i c~;c~.s >~rc~n~J or F~~:i, tog•_t? _r ..~th soch ~~;fcrest, shail be sec_;rvd by ihe Gen of th,s
mortgage.
6. i~hat (e) i~ the event of any breach of rfiis N'or!9age or d~fa~l+ on ii,^ n~rt of t!~e :!CR?G:1GOR, or in ~hc event any of sa d s~ms of money
here~n referred to be not prornptly and fully pa!d w.iti:~n tn.rty •.3J~ d.a~s ne~t a•i.:r th: sc^,e s~,.e,a .y Lec:,. du~~ ar.d pay~b!e ~v~tho~t d;~nand or notice,
or (c) in the event each and every ihe st~pu:at~ons, a3~r~~nents, co^d.~;o~.s ~nd co.enan!~ e` s~ d cre,::ss~:~ ne~_ and fh,s mortgage any or e~~her arz not
~uly, promptly and fully performed, d scf:arg•,d, exec~ted, ef'ec!ed, cornplered, ca~~p:.ee ~•.~~h ord e. .:_d ;y, ~hen ;n a;ihcr or any such evPnt the sa:d ag-
gregate wm mentionrd in sa~d pro:n~ssory note then rernairing ur.pa,d, .tii~h i~~a_re;r ;:u.,~:i, a~~d n c~.,,i sec~~ed hareby, sf~all brcome d„e and pay~
able forthwith, or thereafter, at the on~~en s.,~d A.10^n~GAG~E, as fu~iy ard co~~,F:!a~e'.y .~s :f a', cf d s~~~ys of n•oney w^re or~g~naily s1:pulated
to be pn~d on svch day, anything [n sa d pro:r. ssory no!e ur in ti:is AAortqaa ~ to th~ :entra•y r..r:.;rl~;t~ iq: ond !!iereup~n or th~,rea;trr at the oF'•~~on of
saic~ MOR7GAGEE, without not~cc or demand, wrt at law or in eq~~~ty, th.,re`cre or 7hc~r_afrer o~.yur., n~y F:e rrasewtcd as if a~i monrrs sewred hereby
had mat~red Fr~or to its instit~tion.
7. That in tha event rhat at rhe begirin!ng oI or ar any f~me pend~ng any su't u~~o^ th;s '"e~r_~~;e, o~ !o fo~ec!cse if, or fo reform it, or to enforce
payment of any claims he~evr.der, sa~d MORTGr+GEE shal; ap,:ly to tne Cewr h.~~~ng ~,~,s~i:•.,c t~ ::~o' fer th_~ ai~.;.e:nt:rxr.t of a R=cciver, s~ch Co~rt shall
Forthwith appoint o reteiver of said rt~.crtgayed propertl a~l ar.d sirgv:a~, inc!uJ ng a,i s:;•~'e. ~~r. {;~ofi's, issc-es and revervcs fro^: v.hatever
so~rce derived, each and every af wh.ch, ir b_~r.g exF~ress'y vnderscod, is 1-e~•:•~ n:.r~c;,_~_:; :s s,cc f::~.i; s~•f forti~ ard dasu~bed in ihe granr~ng and
habendum clauses nereof, ar.d wch Receiver sha!1 ha~v ai~ ih•_ b•oad a~.d rfiec~:~: f~:•u ~ s,:i rs ~n an~::•c~ tr.;r~5~ed ~y a Cco~t to a Reco~ver, and
x~,ch appointment shail be made by s~ch Cowt as an ad ~~~rt~d cG. ity and an~~~ c' cbso.,:' • t~ s~'u ..:J=TGi-GEE, a~ d w~the.:! r~ference to tne
adeyuscy or inadeq~acy of the va'ue of the propertr ino~'g~~rd er to ;h~ ,o.v~.n~y ur ~i;;..enc~1c't ?~.Ow~G:;Gy:R or t!-., dete;.c~~n!s, and rhat svch
ren!s, profi!s, income, issues and rever.~es shail b~ opp!;•_d by s~:h Recaiver a:: :rd ~.3 ro th~ f,en or _:'a_~~t~ uf s~.d 1.1ORTGAGEE acd the practite oi such
Court.
8. To duly. Fromp!:y ~nd fully perform., d:s:iiarge, .•xct.,r:., efFcU, cr . cc r.:~h and de by ~_ch a.^.d ever j the 5!ipu~at;ons, agree;r:ents,
cond~tions and tovenvnis ~n sa~d promisso•y ncte o~~d th s~; _~3e 5~ ! forti:.
9. Thei in fhe event the o~n.ne•<hi:; of tha ..;rt~~o•_d f"~ ses. cr . ~rt t%,.. , i.cco^ ~ s ves•_ j in a{-e.so? c:%~e~ th3~ the 1:4^RiGAGOR, the
A+',ORTGAGfE, i!s successors ar.d asc:3ns, .*,j~, ..,•hou~ r„ t-~ ...,~f~~G;."',~', ci~:,' s~~:~uw c• s~c. ~sor .n ntir,st tv~~h ref~-;:rce to ti~:s
mortgage and the dabt hereby secvred in th~ s3~-., er as ~n:~t: t.•_ r~..,o •F;, ~n ~v~:, ~it zt'v~~ or d sc~:a•c:~.3 the :?c~rg,3ors' I~abi;ity he;e-
under or upon the debt hereuy secured. No ss'e o! ~ho .:s s~•:raU~ c,o,tg,:~;ad arJ no fcri.e3ra-.o_ . tF,c F;art oi ti.e I.SORTGAv:E or ifs s~ccesso~s
or asstgn~ and no exiension of the t!r.,~ fer rhz F-ayrr•rr dec• F.•_~c!.f sec~•ed civvn rr •':~%RiG:.G;; c• ~rs s~:cesso:s e~ ass~ns, ,I~aii oE.erate
to re!ease, distharge, mod~fy change or affect the o-~7,n;:1 ,,:.ry oi tne 1.'.ORiGAGOR h.e~iln, e+t~.er in x^~o:e or ir part.
10. It is spec~'.i:aliy agr~ed tnar r~me is o4 tt,e esse:-ce cf r~ :s co~:r;ac~ ~~,d thar r,o wa~ve~ of zny oc' ~Jaf o~~ he~eur,dcr or of the obligation se-
e~red hereby shali at any time thereaher be he:d ~o be a x~i.er ci !t•c terr s h•~rcof or of tt~e in<+ru•n~r,t sctu~ed h~r.oy.
11. In add.ric~ to the iorego nr7 monrh'; payn._..~+s o: ~ c p~i anJ i~ _ csr r•_ ,.-ci 6y tl,e ,~~c~,: s.:r; ~,o ~ s:cured FC•:-~/, m0.'t~J~Of covenanrs
anu agrens ro pai to mortyayee .,~th ea:ii -n ; , . _ ~ . , ~ , . s~ , . n ,o cc e:;_~~ ro i 12 or . .:~,ual ccs! oi ti-~e foiiox-
ing:
A-Afl real prepe~ty taxas lr:fe:: or a:s-~ss_;i t~i._ .~:,o;> d..>_ f:s•~
B-Pramfums on fire ard v.inds!o ~n Ins•~r>rc~~ - ' • ,_d *o F:~ _ d _ ~ t~._ s _ _ en _ a.,.,. _ c~ sc,;:,=d ~~e~ ;ses.
C-Prerni~n's on sueh n•ort7~ge g~a•t:nty Irs~~a• ~3;.,.; c~,; i;c - r- . dec.., +:t to car•y cn s::~r:~ hFr~•by,
n~ Mortgagee Sha'I frCm tim,e to !i~*•~,e np•~f~~ r~c t~, ~~•.~~,•.r~,q C` t'r:^ ~e_~it a-::~ r3~ .!;:e f~. ..;~~~i and 5..t~. 5.;~^ s.~ : ti~~rcup~n be due and
aiYsbie on tne due cate of thc ~ _zr ....,~t , . , , ~ . . • • , . , : s: .i', ~ F _ _ , ct a ci~ange .n s~;h
amvemt. Such s~rns s!'a',i be a: c~ cd by mcr'g: , . a !,j c~-, <_s, i;ss u~_, ~n~r 3,:g: yv;ranty insvrar.-e
premj~lms. ~
~1 N YJl7NE5$ ".'H- OF, the sa!d h1pRTG:.G~2 t;.;s i,cr,.:_,o i;ls h, ? a, ~ s_,~ 'h~ c~~ ar,d ycar ffrs! =`o••~ca:d.
'g ed, tle' and ':iver ~ in t"e ores?nce oF: /
~ _(Seaq
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/ - _ __(Seai)
~;Seal)
STASE OF fLORIPA ~
COUNTY O'r __..~..._1t~.j.~_. I
9efore me personaliy epPeared - ---~811y`~Ci 88.1'Y'Qt~ __~,---_._r._~_.~----- ar.d
---~~~~--5~_-~-BBT'1'8~iti hs Jr,fe, so n-~e •r:c•'; kr.ov~n c.^.d knor:n to me to be
the individuzls descr~bed in end who ?xecuted th. forego~ng in;tr~n~ent, ar.d acR.novv~ed~^d beF~re rr.a that they ex-:wted the s~~~,e for thz purposes
Fa J. Basrett
!he•ein expresscd. And the said-_-----~--- - - ~i~_--- - -
- -
, Henr Ci . Barre tt „Fon a s~parafa a+~d privete
wife of h~ said - -
exam~natbn by me tak..r, sepa~ate ard a~7~rf fro-i iier sald 'n~sband. ack;.oti;ed,ed to .and 'oefore me tnar she erec.red sa,d insrr.,ment freeiy and volurn
iariiy and w•thout any compuls~on, eonsrr~nt, ar, reherse~,r or fGd! o' or r-;m her said tiusband. , L
WtTNESS my har:d and off~clai seal th:s_ ._____j_~.2~____ day cf_._-_ _~.~1~____ ~A'.~~-'1~~ y,L.~r'
~ - - . _ 1•------_--~---
P~otn. ~ Pu!.. .;n a~~d fo~ ihe Stat? oi,' 4`otic~ ~~i (,~r9e
Q q~y 11,; Ccm•,,!u or expires: •
Ret~m To: ~~~~~F1tSalLlYki 0 V f,
First Federal Savings d Loan AsEA~i~t on~~~_._._.~y ~{,fTA~( Pl18LlC~ $TATE nf Fi^R!D~ ~f L~2
of io,t P._~,ce. ~ EXFIk"t~ nVft. 7,~., l i~
Folt v1ce. Flcriua c,(..~~ N1Y GOMMiSSIQN ~
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• ROG~,~ F'ui ~'saAa, CLERiC
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