HomeMy WebLinkAbout0388 /?,x! wid Mor~gpcx~. fw tFMmstlvri ~r~d tMir Mir~. Ip~l r~pr~~utiv~~, wcua~o+r~ ind +uiq~s. Mrtby Foi~Hy and wv~~aily tavrn~nt ~nd aqrN
to and with Nw Nid MORTGAGfE, in ~ucc~»or~ ~r~d ~uiyru:
1. To pay •II ~nd sirpular tM printipal and int~rt~t a~d th~ v~riou~ and ~undry w~u of mon~y pay~b~~ by virtw o1 s~id promipory noN, ~nd tha
mwtyap~. ~ach i~d ev~ryr. Promprly on rl+e diy~s rop~c~riv~ly tM NnN ~ewrally bsco~ne dw.
4. To p~y •11 and ~inqu~u tM t~x~t. uaNUrwnri. I~via. liabilltia, oblipatfon~ ~nd ~ntvmbr~ncM of ~very n~tur~ ~nd klr~d eww o++ uid dMttib~d
prepMty, a~hat M+~~hsr may b~ impaod. ~uffM~d, placrd. Iwi~d, a~a~d tMr~on, o~ tl++t MnaftK may b~ levhd a Mww~d upon thN Mort~
pe, a ti~ lndebt~d.NU ~ecur~d he?~by. ~aci+ a~+d ~v~ry. wMn dw ~nd p+y~ble, +ccordFnp to I~w, befw~ tMy b~c«n~ d~l{nquN+t, ~nd befon my k?tNnt
•ttatMs a•ny pe+-slty i• incu~red; AND INSOfAR AS ANY TWEREOF IS Of RECORD iHE SAME SMAII BE PROAAPTLY SATISfIEO AND DISCHARGED OF
RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH A5, FOR IN5TANCE, THE TAX RECEIPT OR THE SATISfACTION PMER OFFIC~AIIY ENDORSED
OR CERi1F1ED) SMAII 6E PIACED IN THE MANDS OF SAID MORTGAGEE W~TMIN TEN DAYS NEXT APTER PAYMENt, •nd in tM ~wnt tMt any tha~of is not
paid, satT~fi~d •nA discherqed sa:d MORTt'iAGEE m~y at any time pay th~ saaa or any pa~i thtrwf wi~hout w~ivinp or ~ff~ctirp any option, IiM, ~q~iy a
•iqht un~~r or by virtue of thi~ mort9~ye and the full amount of ~ach and ~wry ~u<h paym~ent sh~ll b~ imm~diat~ly dw and p~yabl~ ~nd ~h~ll b~ar int~~~st
kom rM date tMreof umil p~id ~t r~t• of ~iyht p~r c~ntum prr ~nnum ~nd toqether w~th f~ch int~r~~t shatl ba Nc~rrd by t!» IiN+ of th:~ moeqtpt.
Tn p1.cs .nd cominuou.ly k..p on M» b~,tldlnps nnw a Mr..fn. Yfua» on ~.id lar+d .nd en •11 .qulprn.nt .i,d pawn.lly cev.r.d bY +hb mwt~
ap~, wNA dl prwnium~ th~non paid In fvll. fin Mwr~nc~ ln th~ v~wl tt~rd~rd polky form. in • ~um ~pprowd by t1+~ MORTCsAGEE, ~nd wincMtorm
Mww~a le~ tA~ uswl ~t~nda~d policy form. In • wm ~ppeowd by tM M4RTGAGEE. N+ k+d+ oo^+P+ny or aomp~niM M thr AWRTGAGEE may
dlnctt ~nd ~N fin a~d wind~twm Iruur~e~p polkin on u+y of ~id butldir~, ~ny tntw~st tMr~f~ a p~rt 1Mrwf, I~ tM pqrpaM wm ~for~id w
{n ~xaa tlwsoi. ~hall coe~t~fe~ tM uswl star+d~td mort9p~~ davs~ w wth otF»r clww a tM Mortppw may rpuin. m~kMp tM toa u~+dK Nid polF
cIK, Nch w~d ~wry, p~Y~bl~ ro~ald MORiGAGEE a its intKat may ~ppMr, u+d ~acl+ and ~wry such policy ~hal1 b~ promptly aa,yrwd uid doliwr~d ro
•ny MId by wId MORTGAGEE a funhrr acurity ro wid ma*qpr d~bt, urd, nW Ira tMn t~n (10) d~ys tn adv~nc~ of t!» uplr~tion of ~ack polky, ro d~-
liwr to s~fd MORTGAGEE • r~newal tMrwf, top~tlNr wlth • nc~ipt for tM premium of suth r~mnwatJ ~nd eMr~ ~Ml1 b~ no fir~ o~ windrtorm le+wr~nc~
pl~c~d on ~ny of t~id bulldi~ps, any int~rNt thenin or part tF~wf, ~nl~ In tM form snd w?th tM loa~ p~y~b1~ si ~for~aid; •nd in tF» ~vent any wm
of m«~y b~com~s p~y~bt~ und~r ~uch polky w polici~s s~ld MORTGAGEE ~hall haw tM option ro rec~iw ~nd ~pply tl» ~am~ on account of tM tnd~bred-
n~q t~tur~d h~t~by cv to permif ~aid MORTGAGORS M nt~iw and uf~ It o? •ny puf therwf for other purpo~~~, without thereby weiviny w impair-
Inq ~ny puity, IIM or ripht u~d~. a by vlnw of this morrqp~; a~d M tht ~wnt s~id MORTGAGOitS tMll for any na~on fatl w ksep thr aid pr~mirss w
Imured, or f~ll ro d~llver promptly ~ny of Nld POIiCIq of liuur~~cs to said MORTGAGEE, or fsil promptty to p~y fully any pr~mium tM~sfw ~o? in •ny
rs~p~ct fail to perFwm, di~ch~rp~, ezscute, ~ffM, compl~t~, comply wltfi and •bid~ by thi~ cownant, w~ny part Mr~of, ~aid MORTGAGEE m~y plx~ •nd
paY fw t~th {nsur~nc~ w rny part tF+~rsof without w~ivirp a~ff~ctinp any option, li~n. ~quity, a?ipht undrr w by virtw of thit Mortyaq~. ~++d the
fvll imount of ~~ch rnd ~v~ry such i»Ym~rnt ri+~ll b~ imm~di~»ly dw and pry~bl~ ~nd fhall k»ar inter~st from tl+~ dat~ tMreoi untll patd N 1M rat~ of
nln~ p~r c~ntum pK ~nnum ~nd tapather with such int~re~t shall be Mtund by th~ (I~n of ihit mat9sp~•
1. Yo p~rmit, eammit or wffer no wnt~, impairrrnr~t w detsrior~tion of said prop~rty or any p~rt tharwf.
S. To p~y ~11 end sinpul~r the ca~n, cMrqa +nd ~xp~mei, inclvdinp ~ r~auinabl~ ~ttornry s fw and ca~n of ~Mtracts of titl~, irx~rr~d w paid ~t
~ny tim~ by ~aid MORTG!\GEE, becava or i~ tM ~v~nt of tht f~ilure on tM ~wrt of th~ ~~id MORTGAGOR to duty, promptly ~nd fulty pnfarm, di~th~ry~,
~x~cut~, rff~ct, cwnplrh, tomply with ~nd abid~ by ~~ch ~nd wery tM ~tipulations, prNments, conditiau, ~nd tov~n~nts of uid pramluay not~ and thi~
mortq~ ~ny or ~ither, •nd s~id cosn, charqn and ~xp~ru~s, ~aeh and ev~ry, sMll b~ immadiately dut ~nd pay~bl~; whether w no1 tMr~ b~ notkt dr
m~nd, ~tt~mpt fo colleet or wif p+ndinq; and tM full ~mount of ~ach and avrry ~uch paymQnt shall b~a~ inreratt from th~ det~ tt+~rtof until paid ~t the
r~f~ of nins p~r centvm psr ~nnum; •nd all iaid co~rt, charp~s ~nd exp~nses incurnd or paid, taqttMr with avsh intentL ~hall b~ ~ecur~d by tM li~n of this
~+Q~•
a. TMt In tP» ev~nt of any br~ach of thi~ Mortqp~ w def~ulP on th~ p~n of the MORTGAGOR, or (b) in th~ ~v~nt ~ny of Nid wms of money
M~sln r~f~rnd ro br not prtxnptly ~nd fuUy p~id within thirty (30) daya next ~h~r thM ~~rr~ ~evtrally b~come due and payabl~, without d~m~nd or notic~,
or in fhr ~wnt Nch and ~wry tF» ~tipulatioru, ayrsem~nts, cor~ditioni ~nd covenanh of u~d promiisory note ind th~~ mortpay~ ~ny or sitM»r an no1
~vly, pranptly and fully perfam~d, d~acharyed, •xscut~ai, ~ff~ctsd, compl~ted, tomplied with •nd ~bided by, tMn in either or any such ~vent tM wid a¢
prpafe wm m~ntior»d In s~id promiuay note thtn remaining unp~id, with Int~rest ~ttrwd, snd +II mon~y~ ~ecur~d hereby, ~halt b~annf~ dw •nd p~y-
abl~ forthwith, or flwrafter, at th~ option of said MORTGAGEE, st fvlly ~nd complet~ly if all of the aid fum~ of monty wer~ oripinaliy st3pul~t~d
ro b~ p~id on sueh day, u+ythinp in said promiuory note or En th1~ Mw~tpaq~ to the contra/y notwitlut~ndiny; ~~d therwpai o? ther~~Ra ~t the opt3on of
~aid MORTGAGEE, without notic~ w demand, ~uit at law w in ~quity, th~r~fo~~ Of iMfNfl~f bp~n, msy be protecuted aa if •II moMy~ savrod h~r~by
Md matured priot to in Irottitvtio~.
7. That in the evenf that it the beqinninq of ar at any tirr?e pendinq ~ny suit upon thi~ Mortyaye, w to forxlos~ H, a to r~form it, w to enfom
- p~ym~nt of ~ny clalm~ hrrwrrd~r, ~aid M6RTGAGEE ~hall ~pply to the Coun h~viny ivrisdict~on therwf for tM appo~ntment of • Recsiwr, such Gourt aMll
Forthwfth +~ppoiM a ret~ir~r of faid mortpeytd proptrty •11 ~rtd flnqvl~r, inctudmq •II ~nd tinyul~r th~ intom~, profin, luua ~nd r~v~nulf from whatav~r
wurct d~riwd. ~ath ~nd ~very of whith, it bsing ~xpreuly ~nd~n4ood, ia h~r~by mortyayed as if tp~tifiully tst forth ~nd daaib~d in tM pr~rrtir~y ~nd
Mb~r?dum claw~s hsrwf, and tuch Rectivsr th~ll tuv~ •II th~ broad and ~ffestiv~ funct~oru ~nd pow~n in anywisa entrv~ted by a Court to • Raceiver, •nd
wch appnintment ~hall be m~de by such Court u~n rdmittad equity •nd a rrrtt~? of absolu» riyht to uid MORTGAGEE, rnd without nf~renu 4o tF»
~quacy w in~d~qu~cy of tho vslw ot tF?~ proprr4y mo~tp~~d or to tht tiotvency or insolvency of uid MORTGAGOR a tM d~fend~nts, ~~d th~t ~uch
r~nh, profih, Incoma, lesws ~nd rtvtnues ~hall be appli~d by such Receirtr ~ceord~nq to tM li~n ar ~ouity of uid MORTGAGEE end th~ prsctit~ of svct~
Ceurt.
d. To duly, promptly ~nd fully perform, diuh~rq~, t:ecute, ~ffect, compltts, comply with and ~bid~ by each ~nd ~v~ry ths stipul~tian, pntmentt,
oondkio+u u+d roven~nts in Nid PfOmi~iOf1/ flOtf thi~ mortp~y~ s~t fo?th.
9. Thst I~ tfi~ went tM own~nhip of tM mortp+yed pnmiass, w+ny pa?t therwf, become~ vyted in a p~rwn othar th~n th~ MORTGAGOR, tf»
MOR7GAGEE, tts wuraron and suiqn~, m~y, withaut naticr ro thr MORTGAOR, d~sl with such tucteuw or tucceesor in intert~t with refer~nc+t to this
mortqap~ ~nd tM dtbt h~reby secured in the ~am~ mann~r p with Mbrtysqor witFwut in ~ny w~y vitiatinq or ~discharpinp the Mortqrqors' li~bility hers-
und~r a vpm++ th~ dsbt Mnby ~ecured. No sele of tFu pr~mixs henby mortp+y~d +nd no forbearanc~ on tM part of th~ MORTGAGEE w its sucusion
or suigra ~nd no ~xt~nsion oF th~ tim~ fa the p~yment of the d~bt her~by tecur~d yiven by tM MORTGAGEE or ih wccsssoro or +uigru, sh+ll operat~
1p rtrf~, discFw~, modify cM?p~ w~ffscr th~ oriyinal li~bility of tM Ml3RTGAGOR t»rain, ~itMr in whol~ w t~ part.
10. h fs specifiully ap~Hd that time b of tM ~ss~ncr of thi~ connact snd th~t no weivrr of any obli9ation Fur~under w of ths ~bliy~!iwi t~•
tur~d h~t~by ahall at ~~y tims tMr~after ba he~d to bt a walv~r of tM t~rrtu her~of w of the instrument ~ecured herby.
11, In addition ro tM foreqoing monthty peyment~ of princ pal ~nd interett required by the prom~swry note ~ecured hareby, mort~por cownents
~nd prt~~ fo pay ro morty+yK with esch monthly p~yment ~n sddition~l ~um estimated by mort~cgee to be ~qual to 1/12 of rh~ ~nnu~l cost of tF+~ follow-
A-A11 rNl prop~rty t~xa levied o~ essrsud aflainst tfie •bov~ deu~ibed real r~tate.
6-Premiums on tir~ and windstorm insur~nu u hersin nquir~d to be tarrisd on the improvement~ titust~ on the above dturibed prtmirec.
C-Premiums on such mortp~ge quaranty insur~nce ~s moriy~~ea •h~ll from tim~ to tims deem fit to carry on the lo~n s~tur~d F»reby.
Mortq~qM sh~ll from time to time notify mortqspor i~ writiny of the •mount due and peyable hereunder •nd such aum shalt thtr?upon be dut +nd
p~y~bl~ on tks dw d~t~ of th~ next monthly p~ymont e~d ~~ch sutceasiw month thenaNfr until morfqsyee ihall rwtify mortp~yo~ of a ch+nya in such
errrovnt. Such sums ~11 b~ ~ppli~d by mortq~yn tow~rd ih~ p+Yr*+ent of real prop~rty ta~m. Ins~ranc~ prrmiuma, and mwtq+~~ qwr~nty insurant~
pr~rniurm. j
IN WITNfSS WHEREOF, tM uid MORTGAGOR ha~ Mrwnto sst his Fund and iesl tk~ dey snd t~r first af resaid: -
' Si ewd. SMI~d ~nd d~iiv~r~d Jn ths pr~wnt~ of:
~ ~II.ED ANQ RECORDED ~ ' ~"~G`~~- ,n
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p ;;;~.;`s'n
'65 JI~L 28 PM I' y
STATE OF FIORt DA s ~ ~ .-a ~ , ~ i~ . v ` , ~ ,
courrnr oF St . LuC ie } E 9 : •y : "
ROG~ ' ~ " -~~-r ° -
srfen. m. p.r.«,.~~y.pp..?.d ~ il~ ` :
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- hb wif~, to rr~ vwll known ir~ #ngv~nt'~t!o.~ 10 bs' :
1!» indlvidwb d~svib~c! in ~nd who •x~svt~d tM forpoiny ~cknowladp~d b~for~ m~ that they ~x~cutsd tM iiir~i" ~a th~ pw~~ • _
d».~in .~cpr....a_ ,,;nd ,~,o a~ ari~oatrick ~ . _
«ff. d ..~a S P Kil a~tri~l~ vw~, . ~:?v+: ~r*ti
~x~rnin~tiw+ by rr» tsk~n ~p+rNe and ~p~rt from Mr s+id hv~b~~d, ~cknorvl~dq~d ro~nd b~fon rr~ th~t ~M ~xecvt+d ~aid instrwn~r» hM~jl v01yrr ,
t~rlly atid without any compvtaion, tautraim, appr~F»naio~, a fe~r of a from iw wid husbsnd. . .
wtT mv.??~s,+ .~,d ~a~~.i ...i ft+~.....~~nd a.Y ~ Ju,~,v ti c. ».~i~
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~ tiJ . ~ . /~i~.e'J} t~~1~~C1~/` `~-~s--L[~''Lr2..~ ~
• Natary Publk ln ~nd fa tM St~t~ of Flafd~ ~t LarQ~
~ n -i .1 ~ My Con+mis.ia+ •xpir..~
: R~eturrti To:
~~iti:MM j~d~r~l {+Wnos . i to~a Association 0~• . iN~T~fM
58~k~ATE of FLORfDA n u~
C~St. ~;~h ~Ofl!(~~~ .o.,o EXPIRES MAR. 29. l~y
~ . F7 ?r.~~O~~,H FqE~ N, D~• LINOIf
. ~1. ~~~i G~Of~i ' . - !T St
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