HomeMy WebLinkAbout0535 And said RlortpaQor~. f^r th~mwlws u~d ti+~G Mih. Irqal npr?NntaNva, wccnwrs ae+d ~ubrn, I~rby Fo{ntly and Nwr+lty cov~nant ~nd p~w
ro~nd wNh fM wid MORTGAGEE~ 1?~ ~UCCHiWf aMI ~qI~M:
t. To pay all ~r~d si~pular tFv~ pri~cip~l int,f int~r~~t ~nd th~ v~riow and ~undry wms of morwy p~Yabl~ by viHw o/ ~+id r
mwnppe, wch ~nd ~aery, pror^.~tiy on tM days rap~iv~ly tM s+m~ Mwralir b~con» ~Y ~~N
4. To p~y ~U ~nd ~inp~la the t~x~s. aMUm~nh. I~vi~s. Ii~bUiti~s. oblip~tian and ~r~np~ of ewry n~hir~ wid kM~d m~w on saW dNCrib~d
prop~rty, a that Mraaft~+ may b~ irnpo~l, sutfend, pl~pd, I~v{~d, «~d tMr~oh, a iMt Mnaft~r ~nay br iwi~d a~ts~ad trpon thi~ Mort~
ap~. a the trrdsbadrwu t~cured her~by. ~r+rcl~ a+~d ~vory, wlwn dw a~d pay~bl~, ~ccordhq ro Isw, b~fon tMy b~ca+e~ dNNqwea, ~nd b~lor~ a~y k~f~?Mt
~ttathe~ Or any penolty ia inturred; AND INSOFAR I:S ANY THEREOF 15 OF RECORD TNE SAME SHAII SH PROAAPTIY SAT15fIE0 AND DISCNARGEC! Of
REGORD AND THE ORIGIPiAI OFFICIAL DOCUMENT (SUCH A5, f~GR INSTI~MCE. THE iAX RECEIPY OR THE SATISFACTION PAPER OFfIG~RLIY EN~ORSED
OR CERTIf1ED) SNAII 9E PLACED ~N THE HANDS OF SAID MORTGAGEf WITHIN TEN ~AYS NEXT AFTER PAYMENT, ~nd in tM ~wnt that ~ny tMr~of i~ no1
paid, s~t~~fied ~nd discharp~d sa:d MpRTGAGEE may at a~y timt pay tFN fam~ w ~ny p~H tMr~of without w~ivihq or affKtinp any optidf, fiM, puity w
•iqfit und+r or by vi~tue of this monqage ~nd tM full amount of ~ach +nd ~v~ry wch p~ym~~t iFurll b~ {mm~diat~ty dw ~nd payab{~ u~d ~11 bNr intKqt
E•om the date ti~erwf until paid at rate af ~ipht p+r c~ntum p~r ~nnum ~nd toy~tMr w~th such int~rNt sh~ll be s~cur~d by tM lien of M:f morytsqe.
J. To plw ~nd aontMNroudy kNp oa tM bulMlnp~ rww or hK~afhr ~ltw* an s~ld I~nd a?d on NI pulpmMp ~e~d PMSay1h covw+d bY M+i~ n+ornp~
p~, w11h rfl pr~n+iums Mw~ra+ p~id ii? full, f7n kwwrirrca In tM wuil ~t+Mdard polky form, in •~wn ~pprovrd by th~ MORTGAGEE. ud wi~dsfam
Muw«+w in th~ wwl standard Policp form, le~ a~w~+ ~pprw~d by tM MORTGAGfE, In wch compaoy a oomp~nfM w tM AtiORtGAGfE may
dlnctj and ~ti fin ad wtn~~orm inwrM+a potkia on ~ny of s~id bvildieps, any int~rKt thu~in w p~rt tMr~af. In tM ~yprpaH wm afa~wid o?
M~npw fhw~of. ~1?dl tw+t~ln IM wual ~t~ndud mwtqaqM cbvw w suth otMt clauw a~ tM MortpapN maY ?puin, nwkk~p th~ loa undw arid polF
dw ~ad~ a~t!`rwry. WY~bl~r fo ~ald MORTGAGEE a th Inlrnst rr?~Y ~AW~r. and ~ad+ ~esd ~wry wch poticy ~h~ll b~ promptly w.yrnd ~nd ~Ilv+nd ro
~nY lwla bY Mtd MORTGAGEE a fvrtl~w s~svrity to aW mor~pp~ d~bt, ~nd. not !sw M~n hn (1W d~y~ b+ adv~e~cs of tM ~xpir~tbn of +ak~ PQ~kY, to dw
llvK ro Mid MORTGAGEE a nnrw~l M»nof. top~thN with • nc~ipt fw tM pr~mium of wth rtr»walJ a~d t!»r~ tMli b~ no fin or wlnd~torm irow~ncr
plaad on arry o~ wid builc+'..~, any i~t~rNt rMr~in or pnt tM»of, ur,l~ss in f!» form ~nd with tM io~s pay~bb ~s ~fw~wid; ~nd In th~ ~wnt any wm
af nwe»y b~~ p~y~bt~ und~r wth polky or polKf~s ~aid 11AORTGAGEE ~hall Mw tM option to ncsiw and ~ply rM ~ a+ accovnt of tM t~d~br~d-
n~ Mcur~d h~r~by w ro pKmif s~id MORTGAGORS ro raaeiw and uM If w~ny p~it ihereof fu o?t,er purposr~, with+aut fhNrby wriving or imp~ir•
Irp ~ny puit~r, lirn a? ripht undk w by virtw of thb mor~psq~t ~nd in tM ~v~nt uid MORTGIIGOR5 shall for ~ny re~~on f~il ro kNp the s~id premi~e~ w
kaund, or hU 1v d~llrsr p?omptly any of s~id policiq of lnwr~nt~ to Nid MORTGAGEE, w f~if promptiy to pay fuity ~ny premium ti~for or in ~ny
nsprct fail ip p~rform, discMrp~, ~a~tuts, sf4~ct, complst~, comply with and abid~ by this covenant, or any part Mr~of, ~aid MORYGAGEE may plau and
p~Y foi? ~uch Imvr~np w ~nr p~rt tMrwf without w~irinp or ~ff~ctinq ~ny option, It~rr. ~quity. ur ri~pht undw w by virtu+ of thi• Mwtflaq~. uwd tM
• f~ll amount oi aach ~nd w~ry suc„ payment shalt b~ tmm~diatsly dw and p~yabl~ ~nd aMll b~ar imerest hom th~ d~t~ th~rwf umil p~id at tt?~ rat~ of
nir+~ p~r c~ntvm prt ~nnvm ~nd togeth~r with ~uch inrorsst shall b~ Ncured by tM li~n of this mortyp~.
1. To pKmit, oommit a iuffK no watt~, Imp~irm~nt w dat~rior~tio^ of said prop~rty ov ~ny p~?t tMr~of.
S. To pay ill ~nd si~pulH th~ cwts, chuyp and ex~n~, lncludinp • r~a~on~bl~ anorn~y's fN and cwts of abm~ch of titl~, i~cvrced or p~td at
seryr NrrN by ~id ARORiGAGEE, betausQ or !n thf we~t of fM f~ilun on ti» HM of tM Nid MOItTGAGOk ro duly, promptly ~nd fully p~rfwm, discher9~
~xacut~, effstt, compls», comply with ~nd abide by ~~ch ~nd ~wry tfie ~tipul~tiaw. aqne~?ents, tw~diHaa, and oowMnt~ of Nid promiswry not~ ~nd this
mortpap~r any w~irher. ~nd said tosts, tharpea ~nd ~xp~ru~, Nch ~nd ~very. ~hal! b~ Imn+~tli~tely dw ~nd piy~bl~: wMther or not tMr~ b~ notict dr
m~nd, ~ttempt to colt~tt or wIt p~ndinq; ~nd tht full amount of Nth ~nd w~ry suth p~ymeM sF»II b~ar Interost from the d~t~ tF~ertol ~ntil paid it 1M
nt~ ot nir» per centum per ~nnum; and all taid cofts, charaes ~nd sxpenpt intvtnd a p~id, to~~tMr with tuch int~rqt, ~hall b~ s~cur~d by ths li~n of thi~
~+G~•
6. Tfiat M tM tv~nt of ~ny bresth of thi~ Mortqp~ or defwl! on Hr part wf tM 1NORTGAGOR, or (b) tn tM ~wnt ~ny of s~~d sumt of money
Mnln tifKrod to b~ not p~omptly and fully p~id within thirty (30) dayt M7(t iltN fM ~~rtN NWrally bfcomf dw and pay~bk, without dt+n~nd w notin,
o? W in tiw ~v~nt ~ach ind wsry tl+~ ~tip~lation~, ~grs~m~nn, conditiwu snd cov~n» of Nid promisoory noh ~~d thi~ morty~p~ any or sitMr ~n no1
iuiy, promptly and fully p~rform~d, discMrped, ex~cutsd, eff~cted. compl~»d, oompli~d with arn! abid~d by, tlwn in ~itMr or ~ny such ~vrnt tM said ay~
prpits wm er?~e~tiori~d in srid pramiswry note therr r~mainlnq unp~id. with int~r~st ~arwd. :nd all mor»y~ ~ecu?~d Mnby. sMfl b~eom~ dw and pay~
a61~ fonhwith, or th~r~ahN, ~t tM option of said MORTGAGEE, ~s fully ~nd complst~ly a if ~11 of the aid tums of morwy w+rrr Origietally ~tipul~»d
to b~ p~id on ~uch d~y. ~~ythin9 i~ wid promiuory not~ or in thb Monqasa to thf contr~ry notwitFutandinp; and ri»rwpon a th~?~att~r ~t th* option of
~id NIORTGAGEE, witho~t noticr or dem~nd, wit ~t law or in puity, tMr~fw~ a tlwrNft~r brgw+, may b~ ptos~cvt~d p If all monay~ s~cund hK~by
h.d n?~nu.d pNO. ro in ~nsritwia,.
7. TMt In tM ~vent that ~t tM beginniny of or ~t •ny tim~ ptndirg ~ny wit upor? thb Mort~p~, or ro fo?~cla~ h, a fo r~form it, w to ~nfora
p~yrn~nt of ~ny tfaima Mnund~~, uid MORTGAGEE shall ~pply to tfi~ Covrt Mvtnp j~~i~diction thersof fw th~ appointrt»nt of ~ R~ceiwr, sucfi Cou~t ~F~all
fwthwfth ~ppoint e recreive? of a~id mwtyped proNerty all ~nd rinpvlu, incl~d~+g ~II and sinpul~r ths Incom~, profi», isw~s ~rtid ~rvrnves hom wlut~v~r
wura dsriwd. ~ach and evrry of wh+ch, it beiny expreuly und~ntood, is M~~by mafy~qed a~ if sp~uficalty wt fath and d~suibed k+ tM yrantinp ~nd
h~bendum cl+~sa Mrwf, and such Recsiwr sMll haw •II tM broad ~nd ~ff~ctivo funttia~s and pow~n in ~nywisr ent~ustfd by ~ Courf to ~ R~uiv~r, and
wd~ sppoiMm~nt ~hatl bs m~de by such Cou?t et sn ulmitted puiry ~nd • man~r of ab~olvt~ riQht to said MORTGAGEE, u+d withovt refsr~np to tM
~qwcy or lnrdpvacy of tM valw of tF» proparry morty~yed or to tha wMncy or in~olwnty of aid MORTGAGOR or tM def~ndanh, ~nd tFut ~uch
rent~. profita, Irwomr, issws a~d nvenuss ahall b~ ~ppli~d by ~ucl~ R~csivK ~aordirp to rM ti~n or squity of Mid MORTGAGEE uid th~ practka of wcfi
Cewt.
a. ta d~ly, promPtly ~nd f~lly p~?form, discharye, execvtt, ~ff~ct, complttt, oomply with ~nd +bid~ by Nth ~nd w~ry tM stipulatfans, sq~m~nts,
oondiriora +m! oov~nant~ in uid praniuwy not~ u~d thi~ mort~+.q~ at fath.
9. TMt in tM ewnt tfi~ ownership of the mortyayed p~r.:sfs, pr any p~rt rherwf, beuxna v~strd in a ptnon otFwer tMan thr MpRTGAGOR„ thm
MiDRTGAGEE, Its wccassOn ~nd assiyns, m~y, withwt notip ro fM MORTGAOR, dNl with ~uch wtt~s~or ot tucsetwt in inttnat with r~ferenc~ to thiY
mortpp~ ~nci the debt her~by setuted in thi ~+rta ma~Mr n with Mortpapp wilFwerf In a~y w~y vitiatinq or ~diacfiaryinq flwt Martqayon' H~bility htr~
vnder or vpon tha d~bt M?sby kcur<d. No s~ls of th~ pnmisss her~by mortysy~ed u?d no forb~~nnc~ on tM pan of tt+~ MORTGAGFE or its u,conson
or aufQm ~nd no e~cternion af shr tim~ fa tM p~yment of tM d~bt her~by s~cur~d p'wrn by tM MORTGAGEE w it~ tucussw~ or au;qn~, shalt op~?~t~
b rel~, di~cfrry~, modifr ch~np~ o? aff~ct tM oriyinaf N~biliry of tM MORTCrAGOR Mrein, slthe? Sn who{~ u.ln put.
t0. ft b tp~cifiulJy ap.s~d that time ia of th~ ~»enc~ of tfiis wrm~ct ~nd tlwt no w•iwr of s~y oblipatior? l~reund~r or of t!?~ oblipation a•
arr~d Mrrby sh~ll at ~ny tirrw the~eaftm b~ F+eld to b~ a w~lv~r of tF» tsrms hKSOf or of the instrument aecured Mrby.
11. In ~ddition to the forpoi~g monthly p~Ymenh of princ psl s~d interest required by the prom7swry note sacur~d iur~by, morty+qw cownoms
~nd aprNS to pay tv mortq~qN with each monthly paymenf ~n addition~l sum nt~ma?ed by matg~gee to b~ eqv~l to 1/lZ of th~ annwl tMt of thr follow-
k?D:
A-AI! rssl prop~rty t~xes levded w sueued aqainst e.M abovi desctibed resl t~tat~.
6-Premiums ori firv ~nd windstwm iruunnu u henin raquind to be carritd an the improvermnh tituat~ orr tM sbove desaib~d premises.
C-Pnmiums am wch monpape Qwra~ty insuranct ~s monpagt~ thall from tirrw to tim~ deem fit ro urry o~ the Iwn s~cursd Mrtby.
Nbrtgp3+ ah~ll frwn ti:ra to tirrN notify morty+~gor i~ writin~ of Hrr +mount dus and p~yeble her~und~r snd wch ~um shalf ~hsravpon b~ dw and
p~Y~bl~ on ths dw d~» of ths next monthlY psYm.nt ~nd each suce~aiv~ mor~th tMrtaher ~ntil morfq~yt~ sh~N rwtify mart~ahpor of a deanpir in wc}ti
arnovrtt. 5ueh ivrra sMll bs ~ppli~d by mortqayn tow~~d th~ psym~nt of r~al prop~rty taxa, i~sur~nea pe~miurrN, ~nd mort~sy~ quar~my iruuranq
p~~niums.
IN WI'fNESS WHEREOF, Mw said MORTGAGOR Fw hsrwmo rrf hit Is~nd and aed N+e tlay and year f' afw
s..aa .~a d.is.~..d a..«x. E ~ RO E D
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!i~ Mdividw4 d~svib~d In ~red wiw ~x~cvt~d th~ fonpokg i~trume~t. ~nd +clcrawf~dp~d b~fvn rrw tMt tMy ~x~wt~d tM s~rrw frx tM purpaN
1hr..ln .xp.a.d. /u,d rt,. r.1d-- r 8.lrle c.-~:~,., °~!3' R t r~m
wNs ~f f1N ~aid ~ ~ • ~ts snd ~h
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I~f{~r iH~ wN110tIt :rly COmP~~~s G~~~~'. i,t ~ Of Of frwN ~M/ Nid h{pba/K1.
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L~~ "~1''a''~ .R r~ . t~l-.~ Notary Pvblk fn ~nd fa thr 5t~» oi ilarida ~t la~
~ ti~~ _ 3 , . / J- . , ' C, Mr Ca+~mfaio~ acpir.h
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Cii~sM~s U.~r~' !q~c'rir~" Lo~n ~?+~od~+di~^
• ~f f!l.,~;~tyr R i~ i)i) V~{~ ~T1kR1' PUBLIC STATE of FLORIdA N LARGE
~`'~''''•...:tr:;PArc.~•r~io.Id. BOOK1~.,J . ~3 ~Y~~iS510k EXPIRES MAR. 2~. 1~1
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