HomeMy WebLinkAbout2849 3. To p!sce end continuously krep an ehe b~i'd~ngs r.ow or he~raf'~r s ~~,e .a~~d --1 c~, ~ ~i H~ sona 'y cevered by this mortg~
epe, with all ptemiumi ineroon pa:d in f~ii, fir~ ins„rencr in ~i~u ~suai s~~~Js ~ Ha' c~ form, iu 3 5~ ~ ~,,::c c! L~ ~ :.~t...~~C~:E, and V11.~dS~U!rt1
insurance in the usUel uanderd poGcy fonn, in a svm appro~ad 6y the .MJRTGAvEE, ~n su:h con~paoy cr co~>>;~an:es as tt~,e h1QRTGAGEE may
diretl; and all fire end w+r.dstorm ins~ranc- po,k::~s un any cf sa~d b~l:d~~ys, any inrerest rherc~n or par~ ~h;reot, in ~i,e ag9r~yaie wm aforeseid or
In ~xeess theraof, shal! contain the usual s+a~:dard moNgayes cia~~se or such o~her c a.,se es the A1e~rgagae niay re_~,~.re, mak;ng ti,~~ icss ~ndar sa~d poli-
cies, tach snd every, payabte to said MORTGAGEE as ~ts ~nreresf rnay appee~, a~~d each ind e~e~y svch p:, ;y sh,.: ur prompUy assgneci and de~~~ered ~o
any held by said MORTGAGEE ss further sewrity to s.+id n.ortgage dalt, a::d, no! !ess than ten tID) d.~rs i:~ ad.~nte uf th~• expi~atlon of each poGCy, to dr
liver to said MORTGAGEE s renewai Ihereof, togerhtr with a rece~pt for the prr~n~~:n of such rene~vo ;~.•u tf ~~re sha:l be no f~re or winesto~m inwrance
placed on sny of seid buildings, any imerest thera~n or par~ the+ecf, ~nless ~n ihe fonn aod with the loss paya~'e as aforesaid; and in the event any sum
Of money brcames payable undrr such policy or pol~c~es said MORTGAGEE sh~!I ha~e ~n~ opr~on io r_o:~to d ap~'.y the sa~ne on rau~nt of the indzbted•
ness secuiad hereby or ro permit aa~d MOV.IGAGORS ~a rrce~ve and i~se ~t or a:~y •~~r r~:~_:.•o! tc- cn~ ~ ~s~s, s, e rt~ u; ~~:pa~~~
ing any equity, lian or right under or by virtue of this n,cr'gaye; and in the evant s~ d MORTGAGORS shall Eor any raason fail to keep the aa~d premisei ao
insured, or fail to deliver promptly any uf s~id pol~ues of ~n:urancr to sa d MORIGAGEE, or ra~: prc•~,F:tty to pay fu',~y aiiy f~-e >>~:~:n thcrefor or in any
resped fail fo perform, discharge, execute, effect, tomplet~, compty with and abide by ttr~s covenant, a~ any p.jrt h;reoi, se:d MC,RiL.aGEE m,ay piace and
pay for •uch insuranct or any part thercof w~thour waiving or affecring any op~~on, lien, equity, or r~~h~ unde~ or by v~rtue of this Mortgage, and the
full amoum of each and every wch paymrnt shall bn ~~nmediately due and payaole a~ d shall hear int~rest fro~n the datr thereof until paid af the rata ol
nine per ceMum per annum and together with sucl~ in!e~cst shai~ be secu~ed by the I~en of this mortgagc.
d. Ta permit, commit or suffer nn waste, imE:a~rment or deterioration of sa~d property cr any part thereof.
S. To pey all and sinfl~la: the tosts, charges ard e~penses, inc:vd~~~g a reasonable atromey"s f~~e .3rd cas!s of .h• •acts of t~t!e, incuricd or paid at
any time by said MORTGAGEE, because or in the event of ti~e !a~lure on the parr of .hr s:,id h10RTGAGOR to ci~!y, prc .:y and fully parform, d~schargz.
execvte, effect, tompleta, comply with and ab:de by each and ev_~ry the s~iHutafions, agr<e~r,enis, cond~tions, end covenants of sa~d prom~ssory note and th~s
mortgage any or e~ther, and sa~d costs, charges and enpenses, each and evcry, shal~ be ~mmed~ately due and payab:e; v.heiher or neT fhere be not~ce d~
mand, attempt to collect or svi! pend~ng; and the f~ll amo~nt of each and every s~ch pa~meni sho!1 bea~ ~nreres~ from ihe date thereof un~il paid at the
rote of nir.e per c2ntum p2r annum; znd aii said ccsrs, ci~aryas 3~•.d ex::,:~~~ses ~n:urrrd er pald, togeth~r ~L~tn such Intecrst, shail oe s~c~red by the !ien of thif
mortgeye.
b. That (a) in the evem of any breach of this Yiortg3ge or defau!~ on ths part of the ?AORLGAGOR, cr ;b) in the event any of sa;d sums of money
herein referrcd to be not promptiy and fully paid with~n th.rty (30i da~~s r.e.~t a'tcr tki~~ sa~»e severall; oe.om~~ d•~e and payab!e, witho~t demand or ~oticr,
or (t) in the eveM each and every thz stipu:ations, agreements, cend;r~o:~s and covenanrs of pro n~sso: y notc and ih s m~rtgaga any o~ ei~her are no1
july, promptly and iully performed, d scharg.:d, executed, eifected, comp~ered, compiled wrth anci ab~ded 5y, rhen ~n e~iher or any such event fhe sa~d ag
pregate sum mentioned in said pr~missory ncte then re,Tiaining unpaid, wi;n interrs! ~c:rved, a~~d a~i ~nGnCyS set~r~~d hereby, shall becuma d~e and pay-
able forthwith, or thereafter, at fhe op~ion of sald M110RTGAGEE, as fuI!y and comple1ely as if ali of if+:• s~ c: sums of n;oney were onglnaily s~ p~~ared
to be pn~d on such day, anything in sn:d piom:ssory note o! in tnis Alortgage to tne con~rary not.v~~hsta~•:dlny: an7 thereupcn or thz:cafter at thz opnon ef
seid MORTGAGEE, without notice or derr.and, suit at la~ or in equity, thereSere er ihcr.after beg..~re, rnay 6e prosccuted as ii ali moneys secured hereby
had matured pnor to its instrt~tion.
7. That in the event that at the begir.ning of or a? any time pending any cu`t upon th~s Mortaoge. oc to foredese it, or to refo~m ~t, or to enforce
payment of any claims hereunder, said ~+±ORTG%+G[E sha;l apply to th_ Ce~rt i~avi~~~ ;.r sci.c+~cn tt•,:~r~o` fer the ap~a:n!n;ent of a Rece~ver, such Co~~rf shail
Forthwirh eppo~nt a receiver of said morrgagrd property a!i and sin~~~lar, ine ud ~'g a~l a~ d s~ ,g~~ ar t' c' ir'CGn•.H, FrC~itS, ~SSUCS acd reven4es f•om whatever
source de~ived, each and every of wh~ch, ~t tre~ng ~xe~ess'y unders~c~od. ~s her~b~ n,orfgay~~d os ~f spec'~c~i!y sr~ for!h and d-rscr~bed in the g~aming and
habendum eiauses hereoi, and s~th R~ceiver sh~ii hav~ ait the b~•:ad a~:d eifec!;ve fu~•ct e~,s and po~.ers in anyw sc en!;~sted by a Co~!t to a Receiver, and
tuch appointment shall be made by sucl~ Court as an ad:~~irtrd equity ar.d a matt:r or abs,'.ute r:yht eo sald .h'~ORTGAGE~, and ~~i:hcut reference to the
adeq~acy or inadeqvacy qf the value of the property mortgaged or to iF: S~ v_•ncq er ~c;o:cenc~ cf sa:d !.10RiGAGOR or the de~endants, a~~d that such
rents, p:ofits, ir,come, issues and revenues shall b~ appi~ed by s~c'ti Reccivrr ac:ord~~~g w tF:e lien or rqult~ of sa d MORSGAGEE and the practice of such
Court.
8. To du!y, promp`ty and fully perform, dis.narye, exec~te, ef'ect, comp'ete, con~r:y w:!h arn~ abide by each and eveiy tFs s!ipulations, agre?mer.ix,
conditionf and covenants ~n sa~d prom~ssory nore and this m~rt3aqe s<t ferth.
4. That in the evert the ovmership of the rror!gaged prer.,lses, or a~y part tt~crec~, t~c;omas ves!ed in a ne'son e!her than th ~ 1r~0~7vR~-•f~R., ihe
MORTGAGEE, itx successors and ass~gns, may, ~v~rho~t no~io~ to ~he ~'URiGFOn, deai w~tn s•.;;h successo• o~ s:cccsso- ;n l~~rei~sr ~,~irfi :eferer.ce to th;s
mo~rgage and tne ~~61 hereby secured in the sa!Te ma~+n~r as w:th ~'.~.o~t~3jor ~n:~1,~~' ir. any .v~; vir:arin3 . sisc~:a•a~^.g tna f.5ortgagors' liacillty here-
, unoer o~ upon the debt hereby s~cured. No sa:a af fhe pre~•~sas herebi :r.c~~gaged ord no fo~t~eara^cc cn the ear~ ot ~h~_ h',ORTGAGEE a~ irs SUCCC'SSr~f3
or assigns artd nn extersion of the t~me Sor the pay;ne~,i o+ ii,e ci~b~ h•z~eby s~c•:red o~ven ~y tne I:,ORTGAGEE o~ ~~s s::ccessors er ass:gns, a~;all operate
to re!ease, d~scharge, modify change or affect the or~glr,.;i iiau '.:ty of ti~> ~.'OKTGAGOR f:erein, either in wn~ie or in par!.
10. It is speuficaliy ag~eed tha; time is of the essencr of t~:1s co~~:au ~~d t',at no waiver of any ah' gsr.cn hereur.dcr or of the ob!igation se-
e~red hereby shati at any time thereafter be i~r'd to be a v.-~iver of the terms hc•;::c± or of ;he i•~str~~^~ent s~cured f~erby.
l l. fn adJ tio? !o the forego n~ mo~.,h'i i;~~•n_nss ec ~,.i.c pai and re~u;re ~ E.; th~ Frnn• •,~rr no'c s;~u~~-d h;r~b~, rncrtg3yor covenants
and agrees eo pay to n•.ertg3yee w~?h each ~nonrh e t,;n ~dci r onai s, i . ..,d •,,o•~asg~ to _e e.;~, a~ ro 1 12 of t;,~ annuai cest of the fol ox-
iny:
A-A!I real property taxes iev;_,~. or ass_ss;;d ac~~ ;s> tn•: aco.e drzc~ ccd ,cal esrate.
°-Pr~n;:u~ns on fire a^.d viir.dstorm insvra,-ce a> i~erc`.n rcq.: r.~d !o t:.a, c,•r!td c-~ •h., :r~;_r~v.,ments s:tv_t~ on t!•, ;.,c.e d-=r.~f~~d premises.
C-Premiums on such rr,otl~~g~ gudrsnty icsura~,ce mo'ry~,-ee sha: `rc~ ~ z.,-, die:n iit to c3~ry on the I;,ar socun•d t;ereby.
Mortgagee Shaii frrm tirne to t•,~~e r?ntif~ _••y.:g.^r ~n ::r.ti...~ Cf th,, , r~~.,~! c,., p~y~i;'c he.~unc!.~r and s~.:~:^ s~~~~~. sF~:il tharcucon be ar.d
payab!e on tne d~e date of tne r.ext mo.th:~ ca, .;t a,-d e_c:, s_~~.•szr.e ..,.'h t~ csft:r n~ ~,_ee 5^1~: c~'./y '10"~~go. of a change in such
a~-~oun1. $uch sunis s~a!I oe aFP•~"~ ~Y t~.'_ ' 1~:.i'd -.=f°'e~! o~ re~ ecer=y tazes, insura:,c.~ pre;~.uTS, o.d m.rtg~ge gua-anty insurance
premiums.
IN Y~ITNE55 'f'HEREOf, the sald AAORTGr,GGr: has 'r.~~reu ~to se~ h~s ha~ d and sa..i the day and ear e'ore id.
aled and elive~e the of:
(Sea!j
- (Seal)
• ----(Seal)
- (SeaU
SiATE OF FLORIDA
T~~~~ ~ ? S5.
C~U~9TY OF SBi.~_11.L1.[:.~--~--- I
Before me personaily appeared __~rC~hri J~ GnT~_-_ _-~f-_~-_----_ and
Vf47^A M+ GnrCjOII _ _ his w~fe, to me well knowr a~,d kno~:n to me to be
tne individuals described in ar.d who executed the forego~ng ;nstrument, and ackr;ow;edged before mz that they exewtec the sare ior tne purposes
therein expressed. P.nd the said 4- ~ _ ~~~-M. G~rdon _ _
wife of the sa;d _.-_St~~ J~ _~±~S6S~i,__.__._______ _ upon z s=parate and private
exam~nat:on by me taken separate and apart irom her sa~d n sband, ec+.no•Niedged to aod betere me that she execu!ed said ins'rume~t fraeiy and voiun-
tari{y and w~tnout any compulsion, co-straint, a~p;ehensio~r tear of or fr~m her said husband.
WITtrE55 my hand and official seai this__~ day of~ JU1~___ , A. D. 19_-Z
1W~'!~~~_~-~--'_-~
~ . No!ary Pub~ c in ar,d fur the State of Florida at Large
My Commission expirer.
Retum To: • N~tary Pu~l:c. State o! F'orida at L^rge
First Federal Savings 3 Loan Asscciat~an F~` AND Q hiy CO^L'n ~s Gn E•:p ~25 ~:0'd. 3, 1:+55
Of Fort P.~:,~e. ~A1 °'~lrOf\~~O BOfK1B~ Liy r.filct~~dtl JL:r;:j ,~7. OI 1~.
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