HomeMy WebLinkAbout0867 ~ Te pl~p snd co~Minuouaty kt~p on tM buIldinps novv w Iwresh~r ~hw» on t~id farr! Md on all pviprn~M ad p~non+liy cov~r~d by /hb nartq~
~ p~. wl~h ~11 prwnium~ tMr~w~ p~id i~ fu~l, fi~a iraur~nce in thi uwal stand+rd policy form, 1n •~wn +pprawd b~ tl~ MORTGAGEE, and windstwm
' inau~no~ tq tM utwl st~nd~rd poficy torm, in ~ tum ~pprovtd by tM INORTGAGEE, in wth tompany or eaxnpanNs a tM AAORTGAGEE may
dintq «+d ~II Hr~ and wle~torm iraw~nae proliciea on ~ny of ~aid kwilding~, rny inhreat therain or psrt tMrwt, ii+ tM aqqrepi/~ wm afa~r+id a
In rxa~ tM~~of. ~haH contain th~ w~al ~tand~rd mo~rqaqs~ claw+ or tuch otlw~ dwss ~s tM Mo.tpsqN m~Y r~q~i.~. ~wkinp N» Ioa u~dN aid poiF
dM, s~d~ ~nd ~vKy. p~YabN ro wid N~ORTGAGEE as its inierest may ~ppaar, and e~tfi and ~very su~h policy ihall b~ promptly pa:yn~d ~nd d~liwnd to
,~e?y hrld by a~id MORTGAGfE a f~nMr aKwity to a~id mortqap~ dabt, ~nd, not leu thwr t~n (10) d+Y~ in +dva~c~ of tM expiration of ~ach policy, w dr
~iv~r b ald MORiGAGEE • nK+~w~l 1Mr~of. top+tl»r witt~ ~ reeript for tM pnmium of wch r~rnrwal; ~nd rhsr~ rhall b~ no fir~ o~ wind~torm inswa+c~
• plaerd +Dn iny ai uid buildirgs, +ny intersat tMr~in or put the?wf, unlsu in the fwm and with tM loas p~y~bl~ ~s afassaid; ~r~d fn th~ w~nt •ny svm
a~f nwn~y b~canN payabl~ unda wch polky a polici~s s~id MORTGAGEE ~hall h~w tM opHOn ro r~ive snd apply tlwr aam~ on acmunt of tM 1nd~bted~
n~ar New~d Mreby w to pamit a~id MORYGAGORS to teteive and us~ it or sny part thereo4 fw other pu?posts, wirho~t thereb/ waiviny w impair
Inp ~ny ~quit~r, lian w riyhf uhd~r a by virtw of tha mortyapo; ~nd in the ~wnt a~id JYWRTGAGOR5 nhall fw any naron fiil ro kesp tM ~aid pnmises w
Nawrd, w f~il w dsliwr promptiy ~y of said polieies af imurance ro iaid MORTGAGEE, or fa~! promptly to pay fully any prem~um tMre~w a in ~ny
~~spKt ftll eo pNfo.rr~, dtscharpe, wc~cure, ~ff~ct, compl~n, oomply wieh and abid~ by rhis cova?ant, or any part 1+~?wf, s~id MQRTGAGEE may pl~ce and
p~y fa wd~ L~wranc? w~ny part th~r~of witl+aut araivinp a~ff~clirp any opfion, Ilen, ~quity, or riphf ~nd~r ot by viHw of thi~ Mort~ap~, and tM
1u11 ~mount of sath +~nd wrry wdr p+yrnMt ~~I be irwmdiately du~ a~d pryab{~ rnd sh+M be~r inf~r~nt from tM dat4 tMrwf until p~id ~t rh~ rat~ oi
nir» prr qnlum pK rnrwm and ttsqttMr with s~ch intersst shall b? sac~ered by fh~ li~ of thn mortpap~.
_ 4, To p~rmlt, carwnit ar suffa no weste, impairm~nt w detalor~tion of uid propsrty a any paN thanof.
5. To pay ~N snd sinputu the cosh, cMrpe~ and expanHa, indudtnq a ro~sa+abl~ ~nomey i fiea ar.d ce~+h of ~batrscts af tit~e, incuned or paid af
" ~ny timu by ~aid JNORTGAGEE, bac~uas ~ in tho rvent of tha faifure on the psrt of tl» said MC7RTGAGt7R ro d~ly, promptiy ~nd fuiiy p~rfornti, d3schsr~s,
~x~tvN, ri'f~tt, oompl~te, comp;y with and ~bide by sacfi ~nd ewry th~ stipulatiuu. ag?etmenb, conditiwu. ~nd cownants of ssid promi~wry note and this
nwrtpap~ any or ~itMr, ~nd said ooats, charqes ~nd experae~, sacfi ~nd ~wry. ~M11 b~ immed~ately dw and p~ysble: wMther w not then bt notiu dr
mand, ~tMmpt to coll~ct or wit p~ndin~; and the full amount of sach snd evary tuth paymtnt shall bear intfre~t Erom the date the~eof unti! pa{d d tM
rate of ~In~ per oentvm per annum; and ait said cost~, char~e~ and expenses inc~rrad w paid, topathar wirh ~uch int~rrst, shaH be sxurod by tM lisr~ of thu
6. TAat 1n the ewnt of any br~ach af thi~ Mortqeq~ or default on ths part of tha MORTGAGOR, or (b) in th~ war?t any oS ~aitf wrra of mrm~y
Mnin r~ferr~d to bs not promptty and fully paid within th~rty (30) day~ rxxt afre. the same seve~ally bscom~ dua and payable, withouf d~mend ar notic~,
or In the ~vtM l~ch and every tha stipulations, agrsemtnt~, conditio~s and covenants of q1d promiuory note and this mortqaqe any w e~tMr art nol
l~IY, promptly and fully psrformrd, d~scfiarged, execvted, ~ffected, completed. complied with and ~bid~s! by, th~n in eith~r w any i~ch went tM said p~
prpat~ wm rtwntion~d 7n said promisscxy nate than remaininy unpaid, with interesf accrued, and aU moneys secund. her~by, ih~l) become dw ~nd pay~
~bl~ forthw;th, or iherseha, ~t the option of said MORTGAGEE, at fully and completely as if all of the uid sum~s of mon~y were wiyinafty u~put~ted
to b~ p~id on such day, a~ythiny in :aid promisiory not~ or in thi~ Mortgsge to the tontrary notwirhtt~ndiny; and tF+~reupon or therea4tx at th~ option of
Nid MORTGAGEE, without notits or demand, auit at law or i~ equity, therefore a tfiereaftcr begun, may be prwtcuted as if all money~ tetur~d hereby
had rTlafund prior to ifs instifution.
7. Tfiat in ths event that at th~ beyinniny of w at any time pending any auit upan tfii~ Mortyaye, w to for~clo~s it, or to reform lt, or to enforci
payment of any tlaim~ hareundtr, ~aid MORTGAGEE thall appty to tFx Ceurt having juri~diction therwt for ths •ppoinhnent of • Receiver, such Coun ~hall
iorthwkh aRpoint s nctivsr of sa' mortpayed propeny aU ~nd siryul~r, Inclvd~ng all snd •ingular the intom~, Qrofits, iaauet and rev~nues fcom whatever
. wurte derived, each ~no evsry o~wfiith, it beinq txpressly undentood, is Mreby mortgaged as if tpecifically set forth •nd destribed in the g~antiny •nd
Fabendum clausts hereof, and suth Receiver shall have e~l the hro~d and effettive funct;o~s and powrrs in anywisa antrusttd by • Gaurt tp a Reteiv~r, and
such appointment ihall be made by wch Court as •n ~dmitted equity and a matter of absalute right to sai~ MORTGAGEE, snd without rafennct to th~
~dpuacy a Inadequaty of the value of the property mo~tgaytd or to the soivency or insolvency of said MORTGAGOR a the defend+nn, and that such
renh, profits, intome, iuues ind revenues shsll be appliet! by such Reteiver accordiny to the lien or puiry of uid MORiGAGEE and SM pr~ctice of such
' COUR.
8. To duly, promptly ~nd fully pe~form, distharga, execute, effect, complete, comply with and abid~ by each and every the stipulations, sqrsamenU,
conditions snd wver»nn in teid promi~sory note and this mortgage iet fwth. '
9. That in the eve~t the ownership of the mortgaged premises, or any pert thereof, becomes vphd in • parson other then the MORTGAGOR, tht
MOitTGAGEE, ttt succeslora and auigns, may, without notice to the MORTGAOR, de~l wirh ~uth sutcNwr ar wtcresor in interett with reference to this
mort9~qs ~nd the debt hereby setured in tha iame manner as with Mortgagor withnut in any wey vitiatiny or dixharying ihe Nbriqayon' lisbility herr
~nder or upon tfia deb9 hereby secured. No rsle of the premisea hereby mo.tgaged snd no forbeerence on the pert of the MORTGAGEE or ih succestprs
or ~tsigns end no extension of the time tor the payment o4 the debt hereby secured qiven by the IViORTGAGEE or its fuccessors or suigns, shsll ops?at~
ro rtleus, discharye, modify change or affect the o~iginal liability of the MORTGAGOR herein, either in whole or in part.
10. tt is tpecificatty agreed that time is of the essence of thi~ tontract and that nn wai~er of sny obfigstion herevnder or of the obliyation se-
Nred M~eby ihall at any time fF~ercaftar be held to be a waiver of the terms hersof or of the instrument secured herby.
11. In add~tion to tne foregv'ng monthly payments of princ'pal and interest required by the promisaory note sec~red hereby, mortpagor cownanri
and agreet to pay to mortgegee with each monthly payrnent an addirional sum estim,!ed i~y rr~ortgagee to be eGua! to 1~12 of the artnual tost of the foNow-
ing:
A-All resl property texrs levied or asaessed againat the abave described reat estate.
B-Premiums on fire and windstorm insurante as here~n requ;red to be .arried on the improvemehts situate o~ tfia above described premisef.
• C-Premiums on such mortgage guaranty insurar~ce as mortgagee shall from t~mr to time deem fii to carry on the !oan secured hereby.
Mortqagce afiall from time to time notify mortgagor in writing of ths smount due and payable hereunder and such sum shall thereupon be due and
payabla on the due date of the next monthiy payment and each iutcessive month thereafter urtil mortgagee shatl notify martgagor of a change in tuch
~mount. Such sumx shalE be epplied by mortgagee toward the payment of real property taxes, in:urance prem;ums, and mortgage guaranty insurance
premiumt.
IN WITNE55 EREOF, ihe ssid M RTGAGOR has hereunto set his hand and sea4 the dey and y ar first aforesaid.
~~Seal and m qence of~ ,
i~C ~ ~ {Seel3
(5eal)
- ~ t~ sq
(Sea!)
STATE OP FLdRIDA 1
COUNTY OF . Gt , Lrc id i~~
BeFrxc mo peno~epy appeered Lo~nie S' ~11~7b$ s~
yHiAV ~rQA Stu~~ his wife, to me welt known and known to me to bs
tt» i~ivldwh describ~d in and who executed the foreyoing instrvment, and atknowledged befnre me that they exxvted the same for the psirposts
.xp..~. ~~„a h,. D~isy Lea Stubbs _
wif~ af tfr~ .~;d ~ Lannie S t?tilb~ ~ upon s sepante and ptivat~ ~
examination by me taktn separate and apart from her said husband, ecknoovledqed ta and before me that afie execvted said irutrument freely and volun-
I+rily md wit4?ovt sny compufsion, tonstraint, apprehen~i ~fear of or from her uid husband.
WITNESS my hartd and officiaf seal tfiis..___..__~ day of A. D. 19~
`s
Notsry Pvblic in end fw ths St~ts of Fbrida ~t tarpe `
My Gommisiion expires:
Rotum Ta:
FrRt F~.~ s.~i~. a, ~aan n.~«;at~o~ FI L E~b Ik N R E CA R D E ~
Of Fort P~e~«. I N_~~ ~y
~ ~ Piftte ~•'F~rida ~ .a G, ~ ~ t? ' _ ~ ~ V K.
. ~~C,,~`~~,~«••• ;,~'r'• `~j~ - NOTARYFU"~~G, Si:,7~ c` F~CRIDA et LARGE ~,.~p~,~
. ~;1.~ •r, My CC~~~rti~~!~~t E%~=f~:s ,'~OV. 29, 1968 ~6~ ~~~7 9
~ L,v ~ •.,1~y V~~~ Y ' ?Vi;?G~JGH FRCCJ \Y. GfE~TELMOl1D7 ~M Z •
~ ~ ~ ~.~yy. "l1` ~ - f ri ' 9CNb^D ~
: y yr;;.'~ ~ 7 - ~ C ~ _ i.
= ~ ; . _ ~ . ve; r~ ~ . 37'~U~
' ~ . ' ROGEr~ ~Of~f~AS. CLERK ~
~ , r~ ; ~`v : : . '
- : , ~4 ST. LUCI~ COUNTY, _
~ ~ . J _ • ~LORIDA ~
~i ~ ,~-y~.~ ~
. ~~~~Er~sC;, ~r
~ g00K ~~5 ~ p~
~ 1/'P .