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HomeMy WebLinkAbout0511 ~ a ,i L 9. To pl~ca and oonNewou~ly kwp on tM buifdinys naw o? M.ti.fm ww~a on •.td ta+rd ~nd an dt eqvipmeen and p.rwnally cov.r.d by ~hH mor~ p~. whh ~It pnmi~ms tMtwn paid in fvil, fin imur~nc~ in tM usual sr~nd~rd policy form, k? ~ wm ~pprawd by tM MORTC.AGEE, ~nd wind~torm kKw~ in thr uwal nandud policy fwm, in • ium ~pprov~d by tM MdRTGAGEE, in wch comp~ny or companip a~ tM IrIORTGl1GEE mry di?rM~ and ill fin uvd windrto~em aaw~rwee policie~ a? a~y of aid buFklinpa, sny Inhrwt thenin w part tMr~of, in tM pqrty~t~ wm afw~sald w in u~ass tFwwf, ah+tl contain th~ uswl ~urdKd morrqaqN claus~ or such otha elauN u r~ Mortqap.~ m~y rpuin, makinq tM loa vncl~+ uid poli~ cl~a. ?sth ~nd ~wry, paY+bl~ to aid MORTCrAGEE a~ its interest may ~ppWr, and ~ach a~d rwry wth policy ~h~!! bt pro~nptly asi:pnsd ~nd d~live?~d to ~ny h~td by taid MORIGAGEE at fuRhsr ~curity ro±aid mnrtqaga dtb', and, not I~u tMn ~en (10) day~ in advsnca of the ezpirNio~ of ~~ch polity, ro dr liwr tp said Ml7RTGAGEE • rtn~w~l 1Mrywf, taq~tMr wirh a rateipt for the pr~mium of sucfi r~n~wal; and thar~ shalt bt no fire or windsto+m insunnc~ pl~pd on ~ny of uid bupdinQs, any inbrfat tlrrt~in or psrt fMrtof, vnlea in the form nnd with tM loar pey~ble at aforas~id; ind !n tM rvtnt ~ny sum of momy beeoema p~yabla uhd~r such policy a politi~t saW MORTGAGEE sFull Fww the option ro r~t~iva and apply the wm~ on eccovnt of the indtbted nsss a~cur~d hKeby w ro p~rmit s~id MOItTGAGORS to r~csiw and uw N or ~~y pari thereof For other pu?po~ai, withouf thareb~ weivinq o~ ~mpair- ir?p any puity, liert or riqht u~der a by vi~tw of this mortyage; ynd in tM ~vant aid MORTGAGORS il+all for ~~y rtawn fail to keep the said p?emiies w Inwred, or f~il lo d~liver promptiy any of s~id policies of inwr~nt~ to raid MORTGAGEc, w fail promptly ta pay fully any premium therotor or ih a~y r»pect fail to perform, dischar9e, execur~, effect, wmplete, comply wlth and ib~de by el+is cove~+anr, o~ any psrt hereof, said MORTGAGEE may place snd pay fw such iravrane~ or any pan ,h~rwf without waivi~p w ~ffecrinp any option, IHn, ~quity, or right under a by virtw of this Mo?ty~ye, ~nd the full amovnt of eath and ~v~ryr suth peymant shall be immediately dw ~nd psyabt~ ~nd shell bea~ irtterest irom !h~ d~te thereof until pa'~d at tM rat~ ot ni~e per tentum pe? ann~m and together with svch inleraYt sMll be tetured by tM 1'ntrr of thi~ mc?rtpeye. 4. To p~rmit, oommit a suffer ra w+st~, lmpairrrK~t or deterioration o¢ taid property ot any part thereof, 5. To pay all snd tinqular th~ toats, ~h+r~s and exp~+aea, i~ntludinp a rwsonable attomoy'~ fee and cotts of abstracta of title, incur~ad or paid at sny time by said MORTGAGEE, b~ti~tie a in the wsnt of tM feilura an thf part af the ssid M(?RIGAGOR to duly, promptly •nd fully perFam d~~cF+arq~. executs, effen, complet~, cort~ply with ar+d abide by e~ch ard every th~ stipulatioe+s, agreeme~ts, conditions, ~nd mvenant~ of ~aid promiswry note and this mortQape ~ny o~ aither, and uid cosri, cMrpes and expertsea, each and wery, ~hall b~ immediately due and payablr whe~her or rrot rhrrt be ror;te de- mand, attempt fo coflett or suit pencling; and the full artravnt ot ~acfi snd wery such payment shall bear intereat from the date thereof untll p~id at the rste of nin~ per cantum per mnurn; ond all taid cotts, cherqi~ and expensss irrcvrr~d a piid, toqeth~r w~sh such interest, ~ludl be s~cured by the lien of thu ~,o.ro,~.. 6. That (a) in the event of sny breach of this Nbrtgaqe or dafault on ihs pah of the MORTGAGOR, or (b) in the svsnf eny of ?aid sums af mo~y herein referred to be Rot promptly and fully paid within thirty (30) dsys next after the ~ame severatly betoma due and payable, without demand or notite, or in th~ avent eath and cvsry the stipulationt, agreement~, eonditionY and covenanh of aa~d promiawry note and this mortgsye any or either ere not ~uly, promptly end fully performsd, diuharged, ezecutsd, eftected, compl~ted, complied with ~nd ahided by, thtn in •ither or any suth ~vfnt tM ~aid ap- gregata wm mentioned in :aid pr~missory note then remaininy unpaid, with interest acuued, and al~ moneys seevrcd hereby, thall becoma dve and pay . abfe forthwith, or thereafter, st the option of said M0~2TGAGEE, ss fully snd c.xnpletefy as If sll of the ~a~d i.~m~ of money we~re ori~inally ~tipuleted to be paid on s~ch day, anythirr~ in said proirissory nate or in this Mortga9e to the controry notwithstanding; and thereupon w thereait~r at the option of uid MORTGAGEE, without notice ar demand, tvit at (aw a in equity, iherefnre or tMreaher beyvn, may be prosecuted +s if aU rrloneys fetured hereby _ had m~tu?ed p~~or to its institution. 7. That in ths avent that at the beginniny of or at any time pe~dinq any suif upon this Mortgage, or to fwetloss it, or to reform it, or to enforce paymtnt of any claims hareunder, said MORTGAGEE ihall apply to thn Court having juresdiction thereof for the appointment of a Re:eiver, such Court shsll forthwirh appoint a receiver of caid mortgaged propeAy all anei tingvl~r, includ~ng all and sing~lar the income, p~ofits, issuss and revenues from whatever tour<e derived, each and every of whi<h, it bein9 ~xpressly undcrstood, is hereby mortgsged as if specifically set forth and described in the yrentinp and habendum t(auses hereof, snd su:h Receiwr shatl heve alt the broad and effective funct;ons and powert in anywise entrutted by a Court tp a Reteiver, and such sppoiroment shall be made by such Court ss sn admitted equity and a mattrr of absolute right to said MORTGAGEE, a~d without reference to tfi~ edequacy or inadequacy of the valve of the property mo~tgaged or to the solvency or insotvency of seid MORTGAGOR a the defendants, and ~hat such renta, profits, incoma, is~ues nnd revenues thall be epplied by such Reteivtr ~ccordinq to the lien or equity of said MORTGAGEE and the prsctite of tuch Courf. 8. To duly, promptly and fully perform, discharge, executr, effect, mmplete, comply with and abida by eath ~nd every the ttipulationa, agreemonri, conditians and covenants 'rn said promissory nole and this mortgage set forth. ' 9_ Thsf in the event the ownenhip of tfie mortgayed premises, or ariy part thereof, becomes vested in a perwn other than the MORTGAGOR, the MQRTGAGEE, its successors a~d assigns, may, without notice to the MORTGAOR, deal with such successor or wccessor in intere:t with referenca fo thit morfgage snd fhe debt hereby secured in the sama manner a~ wirh Mortgsgor wirhoW in ony way vitiating ar di:charq~ng the Mortyegars' liability here- under or upon tfie deb~ he~eby secured. No sale of the premises htreby mortgaged and no forbearance on tha part of the MORTGAGEE or it~ iuccessori or axsigns and no extension of the time for the payment of the debt hereby secured g~ven by the MORTGAGEE ar its successw~ or ass;gns, shsll o~erate ta relcaae, discharge, modify thange or affcct the original liability of the MORTGAGOR hereen, e~ther in whole or in par1. 10. It is spe<~fically agrecd that time is of the easence of this contract and that no waiver of any obligation hereunder or of the obligation se- cured hereby thail at any time thereafler be held to be a waiver of the terms hereof or of the instrumeni Secured herby. 11. In add~tion to the forego:ng monthty paymenta of princ'pat and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an additional sum e:t~mated by mortgagee to be equal to 1/12 of the annual tost of the fotlow- ing: A-f111 real property ta:es (evied or assessed against the above described reat estare. B--fremtums on fire and wiridsrorm insurar.te as here+n requ~sed to be carried on the improvements situate an the above described prrmises. C-Premiuma on such mortgage guaranty insurance as mortgrgee sha~l from time to time deem fit to terry on the loan secured hereby. Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and s~ch sum shall thereupon be due and payable on the d~e date of the next monthty payment and each successive month thereafter ur,t;l mo~tgagee shall notify mortgagor of a change in such amount, Such sums sha!! be applied by mortgagee toward the payment of rea! property taxes, inauranre prem;ums, ar.d morfgage gvaranty insurance premiums. IN WITNE55 WNEREOf, the said MORTGAGOR has hereunto set hie hand and seal the d an year first esaid. 5'e ~n Saated nsl i red in the presence of: ~ j~- 1~/~ .~.^($eal) ` . - (Seal} (Seelf t (See t) STATE OF FLORIDA ~ COUNTY OF - Sg 71 - r~ ~~=i Q u~ Sefore me penonalty appeered a70E! CBrt`8ri~ snd A7`~~ M~ C r''`eno his wife, to me well known anc! known to me to ba the individuals descril~d in end who ezecuted tho foreqoiny instrurtwnt, and acknowledged befwe me tfiat they exetvted the same for the purpose~ therein exprcs:ed. And the taid_ (}l,~e~~~ ]YI Cnrrene _ wife of the said JO!! Carrer~o ~ upon e seperate and private examinet~on by me taken separate and apert f~om her said hus nd, stknowledyed to and before me that sha exec~ted said instrument freely and volun- tarily and withous any compultion, corsatraint, sporehension, ~er of w from her ia' sband WITNESS my harrd and official seal thia day of ~ A. D. 19 ~ , - _ _ Notary Public in end for the State of Florida at terpe , . ; : ; . My Commis~!on sxpirei: NOta Retum,'fo: y • MY Comm ss, ~~ale of Ftor ~ia gt _~arP,e Fi*st Faderel S~a~rF~i~~.~Lbsn, ;o~6fiun on `xF~t`5 NCv. :5, i.riGS Of ,~~~'i~~~e4 Bor?ded by Arnerlcan SuretY Co, of h. Y. forr ~e~p~~E}Yrid~ . ~ y~ ~,(ilC'.(~7.: ' +t . . _ ;k•.= _ . . F - ::..~,;,f . ~ tlE ANp RE~ RpE~ ~ . ' , . , , ~ Yl. . • gp~K • `~ry, ~ ~ ~ i.~~~~ ~ ~i• ~ ~y~• , e • . ~ ~5 3 0 M 3 : I ~ ' ~,s a~ - . 'c• ~ ~ , , ~~~•a . ROGE~? F'QiTR~S. ~ ~ :a~•.. ~r~t~ 5T. I.UC~E COUN7Y,RK ' : B44lf1.~~J J~~ ~LORtDA ~ , ~ ` ~ o~i~~ ' •r- - _ - - " : , _ _ . ~ .