HomeMy WebLinkAbout2971 ' ~~~5
And feid Mong~gorr, f~r rhemsalve~ ind rhe~r heirs, leg+l rspretentativel, ~ucce~wrs and •s~GpM, Mr~by ~aintiy and srvtr~lly tov~n~M ~nd aprN
to •nd wirh Iha said MORTGAGfE, iri wtceuor• end ai~iynt:
1. To pay a!I ~nd ~+nq~is~ the princip~i snd intsre~t •nd fh~ variout and fundry wrtw of monly p~y~bl~ bv virtve of taid promissory nof~, •nd fhls
rtiortgaye, aech and every, p~omptly on the days reipectively tl~e ~ame t~v~rally b~tom~ dw.
2. To pay sll and ~ingular the uxei, aisetiment~, levia~, liabilirit~, obliyation~ ~nd ~ntumbr~rxq of ~wry natur~ ~nd kind raw on s~id dewib~d
property, or that hereaf~ar may b~ imposad, iufler~d rucn~, levi*d, or ~t~?etstd ih1~Wh, w that Mr~~ft~r may b~ i~vNd p ~u~ss~d opon thb NbrtQ-
~ge. or ths indebtedneu secured hereby, •~ch snd ~ve~~, .vh~~ ~~u~ and payabl~, ~ttoidinq fo I~w, brfore tMy b~tomt d~Hnqwnt, and b~fan ~ny {otKt~l
t!tarhe• or any Fena~ty is int~rred; ANO INS~fAR AS AN1 TMfRfOF 15 Of RfCORD iHE SAME Sl~fAl! SE PROMPTIY SATISFIED ANp pISCNARGED OF
RECORD AND TME ORIGINAI OFPICIAI DOC~JMENT (SUCH A5, F~R INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfPIC1AlLY ENDORSEP
Or~ CERTIFIED) SHAII BE PIACED iN TME HANDS QF SAID A~ORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT, and in th~ •vtnt tlaf any thereoi e~ not
paid, sst:sficd and discheryed sa d 1~10RTGAGEE m~~ at any time pay the ume or any p~rt ihereOf without waiv+n9 pr affectinq •ny optio~, li~n, ~q~ity or
.iQht under or hy virtue of thie mortgage and rhe fu~' amount of each snd every such payment s~ali M immedi~t~ly dw ~nd pay~ble end sh~ll b~ar int~~~tt
~rom the de~c thereof ~nt~i pa~d er rore of ~~pht per ce~.tvm per •nnum •nd toQether with i~th int~rtft shall be wtured by th~ I+~n of th:• mor~~~q~.
3. To pt~a and conti~vanly 6eNp an ri~ bulldinpi now ar h~r~ehw ~itvat~ on w{d i~nd ~nd on ~U puipn»e?t ~nd p~rw~~ily cover~d by thi~ mortp~
apo, with ~!1 prymi~rru th~t~on paid in full, fira inwr~nc~ i~: th~ usuel itaidard polity fwm, iR • f~m ~pproved by tM MOIFTGAGEE, ~nd windstwm
Insw~no~ in tM utiw! ~tandsrd policy farm, in • wm rpprov«i by tiwr MQRiGAGEE, in wch com~ny ~r compnsiN a ths A10RTGAGEE m~y
dir~Oj ~nd •II fin ~nd windstwm intursnce policl~s o~ ~ny of ~aid buildinp~, My tnt~r~st tM?~In or p~rt tF»rwf, in th~ ~pqrpH~ tum ~fwhsid w
!n ~xuu N?~r~of, ~hail cont~i~ tM ususl ~t~ndard mort~ayM cl~utia or tuch other c(~us~ ss tM MortppN m~y nqu~r~, rrNk~np th~ Jou urd~r ~aid po!}
tTa, e~ch w~d tv~ry, piyibir to s~id MORTGAGEE a~ +t~ in?~resf m~y app~~r, ~nd ~ach ~nd ~v~ry ~uch policy ~hali b~ promptly ~u.pn~d ~nd d~liv~r~d to
•ny Mld by wid MORTGAGEE ~a further taturity to uid mor~qp~ d~bt, and, nnt Iws 1Mn t~n (10) day~ in adw~c~ of fh~ ~xpir~tio~ of ~ach pot+cy, to d~r
livfr ro iaid MQRiGAGEE • r~nswN ihereof, toqtthK with ? ~`csip! for t4~e pr~mium of wch nrwwal; ~nd tMr~ ~hali b~ na fit~ or windstorm inWr~nc~
plsnd on sny of ~aid buildinyi, ~ny intere~t ther~in w p~rt ther~of, uni~ss in tt» fo~m u+d with tl+~ Iosi p~y~b!• •tas~aid; ~nd in tM ~v~nt sny ~um
oi mon~y becomp p~y~bls und~r such po~ity or policie~ uid MORPGAGEE ~hati h~w rla optio~ to raceev~ and apply tl+~ iame en iccounf pf tf» indebt~d
rwst Mc~~~rd h~nby w to ptrmit uid MORTGAGORS to receiv~ •nd uN It or any part thareof for other purpotes, without thereby wei~ing or irnpsir-
{nq ~ny puiry, li~n ex ?i9ht und~r or by virtw of thi~ mwtqsp~; red in tM wtnt s~id MOHTGAGORS ~h~tl fa any rt~wn fdi to ke~p the uid prtmi~e~ w
imur~, or t~i) ro deliver promptly ~ny of ~aid politi~~ of insur~nc~ fo ~~id MORTGAGEf, w f~il promptly to pay fully •ny premium tiitr~fpr a in ~ny
resp~ct f~il ro perfwm, d~schs~y~, execute, tflect, Canplete, comply with ~nd •bid~ by thi~ covenant, o~ any pan h~reof, said MORTGAGEE m~y placs •nd
pey for ~uch insuro~ce ot ~ny psrt therwf without waivinp or affMiny My optian, lien, equity, or right und~~ or by virt~a of thif Mortyafl~, ~nd tht
fuU ~maunt of each ind ~wry suth p~yme~t ~h~ll be immedi~tely duv and peyabl• •nd shsll baar int~rstt from th~ d~te thtrreof until paid at tM rat~ of
n+na prr c~ntum p~r ~nnum and tayether with such int~rest sha~l fx ~ecvred by th~ ti~n of this mutyy~.
?o prrm?t~ sommi? or ~uffar no waitt, fmpairmenr or drterioration of said propsrty or sny piA tMreof.
S. To pay ~!9 snd sinpuln J!» ca», charges •nd •xpsnsss, includ~r+y • re~so~abl• sttwney's fH snd cosh of abstracts of titl~, inturr~d or p~id ~t
~ny tims by uid MdRTGAGEE, b~uuse a in the event of ihe hilur~ or~ tM part of tM ~aid MORiGAGOR to duly, promptly and fully psrlam, distharp~,
•x~cut~, e?f~ct, complste, campty with •nd ~b~de 6y •ach and every th~ ~ttpulationi, ay:Nr»~»rs, conditiars~, ~nd mvecunh of said promi~sa.y nots ~nd thi~
mortp~pe ~ny or ~ither, end said eosts, charpes snd •apenses, each •nd ~vsry, ~h~ll bs immedi~t~ly due ~nd piyable; whetMr p not tMre F» notic~ d~
m~nd, aHampt to colleet a suit pandiny; and !he full amount of esch ~nd e~sry such peyment thatt be~r interear tram ih~ di~e thareot until p~id ~t ?h~
r~te of nins psr centum per snnum; and all ia~d coits, charqes +nd expenlet irx~rrer! or paid, toptther with tuch tntert~t, ahalt b~ ~ecurrd by !M lien of fhis
^prtye9~•
6. TT?sr (i; in the ~vent of eny breech of thi~ lNorty~ye or defeult o~ the p~rt of the MORTGAGOit, cx (b) in tlx ~vent ~ny of aid wma ot moruy
h~r~ln r~frrrsd to be not promptly anc! fully peid within thirty (30) days next ahsr ihe ~~m~ uv~rally become dve •nd pay~blt, without dem~nd w rwtit~,
or (c) ~n tM sv~nt esch and every ?he ttipulationt, iyrecments, wndition~ and cownann of ~~id p~omi~sovy note snd th~t mortqaq~ ~ny or eithfr •ri naf
3uly, prompity end fully partorm~d, 'd+'scherQed, exrcvtsd, et(scted, compfeted, com~lied wiih and ~bid~d by, than in •itMr or +ny ~uch wMt th~ uid ~
prsy~ts wm mention~d in taid promissory note then remaininy unp~id, with inttrsst actru~d, snd al! moneys secur~d Mr~by, ~Ml1 besam~ dw end pa~?
~bl~ fonhw;th, or ther~after, ~t rhe aprian of sa~d MOR7GA6EE, ~s fully ~nd coenpletely ai if aU of tbe uid wm~ of mon~y wo~~ orip~n~~ly atipul~t~d
To b~ pe;d a~ ~uch day, ~nythiny in sa~d promissory ncte or in shi~ Mortyrqe ro the cantr~ry notwithsundinp; and fher~~pon pr ther~shw ~t the aptio~ of
uid MURTGAGEE, wi`hout notice or dem~nd, ~vit et I~w or in equity, thersfore or th~re~fter i»qun, may bt pro~ecutfd at if aN moneys ~ecur~d hsr~by
Md rrHtursd prior to i» inetitufion.
7. Thet fn the even! rfiat •t the bepinning of or at eny time pe~din9 eny •uit upDn Sfiis Mortgpe, or to foreclo~s it, or fo reform It, or to ~nforn
p~ym~nt of eny claim~ h~ecrunder, aeid MdRTGAGEE sfialt spply to tha Court hwirtiy juriadiction thereof for tM appo+ntment of ~ Reteiver, ~~ch Covrt ~hal!
forthwith sppoins s receiver ot seid mortqaged property ail and tinqular, includ~ng ~II •nd sir~ular the intorr+e, profit~, is~uer snd rever~ues frem wh~tev~r
wurce derived, ~ach ~nd every of which, it baing txpres+ly understood, i~ Fureby mortys9ed u if ipec~fic~ily ~et forth and dtavibed in tfw qr~ntiny and
iHt»r~um ctauses heraof, mnd such Receiver shal7 have •II the broad and rffsttive tuncr;ons and powtn in anyw~se entrusted by a Covrt to a R~teivx, ~nd
wch sppoinfinent shall be mede by such tourt a• en ~dmittod ~quity •nd a nvttor of ~ballut~e riyht to wid MOR7GAGEE, ~nt! withouf raf~r*nto to tM
~dpwcy or inadeq~acy of the velue ef th~ p+operty mortyeged or to the wivency w insolventy pf ~.~d MORTGnGOR a the dsfandanri, ~nd th~t such
rent~, profitt, intoms, ~asUSt •nd revsnues shall b~ •pplied by ~uth R~csivsr attw~irtp to tM li~n or p~ity of wid MORTGAGEE ~nd th~ prattict of such
Gwrt.
8. To duly, promptly •nd ful~y perform, discharye, execute, effett, compt~te, compty with ~nd •birJ~ by ~ath ~nd ~vrry ihr stipul~tiors~, ay~t~msn7~,
canditiwu ~nd covenant~ in said promiaswy note snd this mortqe~ iet forth.
9. That in tM event th~ ownership of tha rtwrtgaged premisy, w my p~rt tfierwf, becomes vhted in a person other th~n tM MOitTGAGOft, th~
MORTGAGEE, ih, succeuor~ and •ssigns, may, withouf notice to tha /~ORTGAOR, dsal with such tucceuor or successw in interost with raference 1o th{i
monpapr ~nd the debt hereby secured in the ;~m~ rtu~nn+r ~s with Mortpayo? wifiwvt in ~ny w~y vitiatin~ w"d~uh~rpircq tFw Mony~yors' Itability Fis~t
undor w upon ttie debt hereby secursd. No t~l• of the promi~es hereby moAppnd ~nd no forbearance o~ fh~ part of tFa MORTGAGEE or its sucttuon
w sssiqns ~nd reo ~xN~sion of th~ tirrw for the paymenr of tha debf hrr~by tecured Qivsn by the MORTGAGEE or it~ wcc~swn w suipns, ~hall optr~t~
w n?INt~, dixMrpe, modify cMnq~ or •ff«ct th~ oriy~nal li~biliry of the MORTGAGOlt h~rsin, ritlwr in whol• a tn p~rt.
10. h b tpec;fically ~gnsd fhat time is of the ess~nw of this contr~ct ~nd that no wsivw of any obHystion F»rwnd~r or of tM obfig~twn tq•
wr~d horoby shall ~t eny tim~ thereaft~r be hrld to ba • waivfr of !h~ ierms her~of or of the instrumeM secured hsrby.
11. In addition ?o the forepoirsg monthly paymeny of princ pa1 and interest required by tMt prom~tsory note tecured heretsy, mortyeyor coven~nff
~nd ~Qr~ ro pay to mortqagN with each monthly payment a~ +edditanal ium s~tim~red by mortgc~ea to M rqual to 1/lZ of the ~nnual caat of tF» fol{ow-
~+G~
A-All i~af property taxn kvFed w esaessed sgsinst tfi~ •bovs deuribed real ~stat~.
6-Prem~ums on fin ?nd windstorm inswancr r~ herein rsqu'vad to ~ae urrfed on tM improvements titwt~ on tho above described premisef.
C--Premium~ on svch mortflaye flwronty inaur~nu u mortpeysa ~ha11 from tirm to time deam fit to carry an tfie loan qcured henby.
AAortppes ~hali from tim~ to time notify mortyayor in writ~ny of tM ~movrtt due snd payabla hereunder tqd suth ium sMl) ifiereupon o~ duo ~nd
pey~bla on the dw deto of tM next monthiy psyment •nd exh wcceaiw mo~th thareafter ~ntil mortga9ee ehsll notify morty~gor of s chertg~ in such
rmo~nt. 5uch t~ma rFufl be •ppli+td by mortpspe~ towud thw~ p~yms~t of r~al prop~rty t~xn, (nwnncr prem(umi, end mortpay~ gwr~nry ins~rance
pr~rnfuma.
IN WITNfS$ WHEREOf, ih~ fsid MORTt',AGOR ~}q~Cl p~Mp~~j-~hi},~~ r~,~ day snd y~ar fir:t aforefsid.
Sipn~d, S~afrd ~»d deliv In a pr~ncs ot: ' L C U A fV U t(-`~ K~~ ~ '
- ~~~G~1~ L~~ - ~ 0 K n
~`l . ! . ' . ~L
- ~ / • ~ ~ ~C~C~
- - - .:_7 ,wL I ~ r;~1 ~ : 2?~
- ;s..i~
j S'fA'fE OF FtOitIDA Y-• d
j l_I
1 Courm.C~ ~ - . ~ T~1iC ~ e tt (J t~ ~ r . , , . ~ f~ i<
= St 7. ~~i C t
.:~r~» P:~;at++t~+'.~p~..~.d _ -
•~d
~ r~ hi~ wifo, to ms wrl! knawn snd knoyvn ro rtw to b~
N»~:1d~n!1d~rFsJilnai In ;i~+d who ex~c~tsd tFs~ fortpoir+p Insnvm~~t, ~nd ~cknowled~ed bsfnr~ ms that tMy •x~c.:ted rF» same ta tM purpok~
~.~r:..,~. , ~i„a:,fi. :~a~ a 18dvs V_ B~u
•,}~~L
w~FF~ er1 }M ~rpk9 = F 1 ovel W, BUY'jCC t~- upon • M~r~t~ end prlv~ro
sxarfi~A's~4on b~-~in~ hkin ji ~y"q ~.~,spPn from Mr said hutb~nd, sckrsowl~dqsd ro•red bsfora rru that •he exetuttd s~id inat~ument fre~ly ~nd vo~ur}
fr11y :~/~Q •v'ylehout ~ny.wlz,~y{riel±, ,£or~stJ~ t, ~ppnh«~~i~,~r fear of a from Fwr uid husb~nd.
WJ7N@33 m~( ~;ar~.otfitj+Il~iMt;~.---.--d ~ y day af A. D. 19_-.+L
. ~ ~
.::i:~-' ' ~'~~L'`
,"C~D , ' ~
f- Not~ry Pubtlc In tM St~» of Fbrid~ ~t Larp~ ~
• : . ~ . • . ' My Commiu+an ' ~u
. : 1,:.: .
Rek,.ri ~ ~ : ~ . ~ ti ~ ' ci i-; ; :.la i; : '
Citiaee• hden4 3~~ir+~ ~~+1A tR3~~+~~ `''1 i ~ . • .t; j, , ,;1
~ ; . ,~k\}~ LGII;;'.I"!„'1 L~, ',h:; ~~'t>,:u'. C,
Of sf. ' 6cr'-: , - . .:o ' .
i s, `~i
Fi. v~e?ce; ~FI'c/d~ 0 R u~,J~
. . - ~ Boex 1~~