HomeMy WebLinkAbout1259 And sdd Mon9apon, for tMms~iw~ w+d th~~r h~in. ipal npnaent~tiw~, wccNaws snd usiprn. Mreby joimlY ~nd wwrally oowMnt ~nd prw
w and wit~ tM wid MORTGAGEE, iri ~ucc~saw~ and ~uiqm:
1. To p~y all ~nd tinpul~r tFN p~incip~l ~~d interftt ~nd tM varicw~ ~nd wndry ~unu of mor~y p~Y~bl~ by virtw of uid p~omiuory nW+. u~d thN
n+orty+p~~ ~ech ~nd ~wry. P~omptly on th~ drys ~~p~c~iwiy ti+t ~sm~ qwr~lly bMtan~ dwr.
Z. To p~y a~l ~nd ~inpular tht tsxN. aaus~e~+nts, bvi~s. Iiabilitlh, obliq~tiaa and ~~cumb~antM ot ~wry ^~h+r~ Md kind ^o~+ a^ s~d d~°'~d
prop~rty. a tMt F~eafHr rewy b~ impw~d, wHK~d. P~+nd. Iwi~d, w ~~sNd tM~~on, a tMt honaf~ er.sy b~ I~vi~d or ~s~wd ~pa~ thM Mafp~
w tM fnd~br~u s~cur~d Mnby. s~ ~nd ~wery, wMn dw ~nd paYrble. ~ccadlnp w law, i~efon ~My b~can~ d~l{nqwnt, and befon ~ny InhrMt
an~cMt a~ny p~n~lty is incurr~d; AND IN50FAR A5 ANY TMEREOi IS (7F RKORD TME SAIME SHAII dE PRClMATIY SATISFIED AND D15CHARGED Of
RECORD ANO TME ORIGINAI OFfICIAI DOCUMENT (SUCH AS, FOR INSTANtE, THE TAX RECEIPT OR THE SATISfACT10N tArER OFFIC~ALIY ENOORSED
OR CERYIFIED) SHAII OE PUCED IN THE HANOS Of SAID MORTGAGEE WIYNIN TEN DAYS NEXT AFTER PAYMENT, and in tM ~wnt fMt ~ny th~+~o~ i~ not
paid. ~at;sfied ind disci+~rp~d sa;d MORTGAGEE m~y •t ~ny time p~y tM ~art~e w+ny p~rt tM~~of without waivirq or ~ffettinQ ~ny option, li~n. puiry or
•ipht undar or by virtw of thi~ monqayr ~nd tM ful? rmount of rach +nd lVK~1 WCII plYfflfRl fIN{I t1! immrdi~f~ly dw u~d pay~bk ~nd ~MII brat k??Nat
~rom tM d~te therwf unril pa~d ~t rate of ~ipM per centvm p~r ~nnum and toqetMr with such i~»re~t sh~ll b~ ~sc~r~d by tM li~n of th:~ mwptaq~.
To pba ~nd aonth+uuwh ~+P on tM bulldtrq~ now o? twNM~r ~itwt~ on wfd I~nd and on all puipm~nt ~ed p~non~tly oev~rrd bY 1N~ ~ar~
wNh ~I) pr+miunn /M~ran p~id In fvll, fln M+wrN+a fn tM wwl st~rd poliry ftxm. M a swn ~pprowd by th~ MCIRTGAGEE. a+d wind~tam
M~ur~na In tM ww1 stw~d~rd policy fwin, tn ~ wm ~pp?owid bY tM MORTCsAGEE, i~ s~+d+ canP+^Y o+ ~++W~?~s ~s tM A10RtGJ1GfE m+r
dk+tU and ~11 fin ~nd winbform Imwana polfcla on ~ny of wtd buildirp~, ~nr intrnst tF»~ei~ a p~n tMrwi, f~ tM pprp~t~ wm ~fawaid a
In ~xaM ~Mr~ef, dwll cuatain fM uawl a~rdard mort~p~p~+ clww a such othw daw~ a tM MoHpayN maY ?Wuin. nwklnp tl» Iw~ und~r aid po1F
dM, ~h ~~wry. V~YabI~ b wW MORTGAGEE a ib int~t +n~y ~pp~r. M+d Mch ~++d wNy wch polky shall b~ prompfly ~ss.~n~d ~r?d d~livK~d to
~ny IwW by N!d MORTGAGEE a fw~h~r Mcurity ro s~id moriyp~ drbt. ~nd, nw Iw Mwn »n (101 d~ys in +dv~+x~ of tM ~xplr~tion of Mch polky. ro d~
liwr to ~+id :NORiGAGEE • hr~swal tMr~of, top~tMr wHfi • rac~tpt fw tM pnmium of svch nnew~l; and th~r~ ~MII b~ ra fih or windstam Iraw~nc~
pl~e~d on a+y of wfd b~ildlrp~, My InTN1~f 1hKlifl w p~n tF»nof, vnhas in t!» form u+d with the bu p~yabl~ u~foresaid; and In th~ ~wnt ~ny wm
,of ina,~y b~oonw~ p~yabl~ vrd~ wch pniky w policin wid MORTGAGEE sMll Mw tM optio~ to rec~fw ~nd spply th~ Nrr» on account of tM ind~bt~d
~Ny Mtyr~d Mnpy pr 1o p~rmit sskl MOitTGACsORS f0 rKtiw ~nd uN It or ~ny p~rt ther~df for otMr purpo~~t, witMwt tMrsby w~ivirg w imp~ir
M+q a~y puity. INn or ripht vndrr a by vfrtv~ of tF~is mapag~~ and in tM ~wnt ia~d MORTGAGORS ~MII fw any r~~son f~il to k~ep ths Mid prNnla~s so
insund, ot fdl to d~llwr promptty eny of wid polici~s oi In~w~na ro uid MORTGAGEE, o~ f~il promptly to pay f~lly eny pr~mium tMr~fa a fn any
?«p~r.1 f~ll te p~rfam, di~tharq~. ~xKVt+, ~ffec1, eompht~, tomply wirh and abid~ by this cov~nanr, w a~y p~rt henof, said MORTGAGEE may plate ~nd
pry 4oe wcfi Mwra+u or My p~~t fFtM~Of without wairiny w iff~ctinp ~ny opfiar~, li~r+, puiry, or riqht unda a by vinw of ihi~ Monqp~, and th~
full amount of wth ~nd way ~uch paym~nt sh~ll b~ imrtwdi~t~ly dw and p~y~bls ~nd shall b~ar interht fran thc dat~ tMr~of unti) paid ~t tM rat~ uf
nlrw p~r peotum p~r ~nnum ~nd top~ther wlth such int~rest ahall b~ Hcur~d by tM li~n of this mortyp~.
4. 'fo p~rmH, oommit ar ~ufhr no wnt~, Impairm~nr w d~t~riontio~ of uid prop~ny or ~ny p~rt tMr~of.
S. To p~y ill ard ~iepula? tF+t cot», cF~aryea a+d ~xp~ns~s, indudinq a nuo~abl~ ~t~a~ney'~ f~ ~nd cosh of ~batr~cts of titl~. Incurr~d or patd ~t
~ny tim~ by wid MORTGAGEf, bw~s~ w in tM ~wnf of the f~itun on tM ~?f of tM ~aid MQRTGAGOR fo dvly, promptly ~nd iuliy ptrfwm, duti~ary~
~aavt~. ~ffrct, canpleh, comply wiM and abid~ by ~~cl+ and every tht ~Hpulatiora, pr~n», conditiau, and cown~nri of safd promhwryr not~ u+d thi~
mortgapa any w~ither. and s~id cwa, ch~ry~ ~nd ~xp~nws, ~ach and ~wry. ~h~il be fmm~di~t~ly dv~ and piy~bl~; wMtF+~~ w not tMr~ b~ notin dt
mand, ~ttempt to coll~tt or wit pUndinp; ~nd tM full ura~nt qf Nch ~nd wtry suth p~ym~nt LI1i~I INif im~na~ from tM dats tMrMaf until p~id ~t tM
r~M of nin~ per es~tum p~r ~nnum; and sll s~id cosn, ct+~raN ~nd exptns~s incurnd w p~id, toq~tMr witfi such int~rat, ~hatl b~ usur~d by th~ li~n of this
monDpr•
6. Thrt (a) In tM w~nt ef sny bra~ch of thi~ A~ortyap~ w d*fault on tFr p~vt oi tM MORTGAGOR, a(b) in tM w+nt rny of ~aid wma of morny
hrtNe~ nf~rnd ro b~ not pramptly ~nd full.y paid within thirty (~C) d~y~ rwxt ~her iM s~rrw ttv~r~lly b~carn~ dw snd p~y~bl~, wittaW d~msnd or notic~,
er (c, In 1F~ ewnt ~ach ~nd w~ry tha ttipulatio~a, pre~na, conditian ind cown+nts of said promiswry rtot~ and th~~ mortyp~ any w eitl»r ~n nol
~uly, promptty ~nd fully pKform~d, d~ach~rq~d. eaetut~d, ~ff~ct~d, compl~ted, tompli~d with ~nd ~bid~d by, tMn in ~itht? or any ~uch ~vent th~ said ~
Drpah wm m~ntioned M said p?omitwry nott 1Fwn r~maininp unp~id, with int~rat ~tawd, and ~11 mon~y. ~ea•r~d Mnby. ~MII b~com~ dut ~nd p~Y
abt~ forthwith, or tM~NfM, at tM option of aid N~ORTGAGEE, a~ fvlly ~nd r.mplst~ly ai ff •II of tM s~id wms of maney vwn aiyinelly ~tipul~tfd
fo b~ paid on such d~y, ~nythinq in t~id promiuory no» w In thM Mortq~ ro tM contrafy notwithst~ndinp; •nd tMr~uqo~ or th~r~ah~r ~t tM option of
said MORTGAGEE, witMwut notiu or dNnand, wit ~t Isw w In puity, tl»refor~ or tMrtaft~r bp~n, may b~ pr~acvt~d ss if all mon~ys acvrtd Mr~by
Md m~tw~d priar to i» Institutioe+_
7. TMt In 1M w~nt that ~t tM bplnninp of ar ~ny tirr~ p~ndiny ~ny wH upnn this Nlwtyp~, e? to for~clow M, or fo rafwm N, a to snfom
paym~f of any ci~ima h~rwnd~r, aid MORTGAGEE ~hall app~y 4o tha Covn Mvinp jurisdidion ther*of for tM ~ppointment of • Receiv~r, wch CovA sh~ll
forthwHh appoint • rwev~r of ~aid matyped proE»rty all ~nd ilnpuler, i~clud~rp al! ~nd sinqul~r th~ incort+e, profin, b?u~ ~nd r~venwt from what~v~t
wura d+riwd, e~ch ~nd ~very of which, it b~inp exprealy und~ntood, is F,K~by mortysped if sp~cifiully at forth ~nd duuib~d in tF~e qraminq and
h~b~nd~rn+ clavsM i»reof, ud tuth Rsuiver ah~11 Mw •11 tM broad and ~ff~ctiw functiorn ind powen In ~nywiu entrwtrd by • Cwrt to • R~ulv~r. ~nd
wth appointm~r+t shall b~ mad~ by ~uch Court a~ an ~dmitt~d equity ~nd a rt+~tt~t of ~bwlut~ riyM to uid MORTGAGEE, ~nd withovt nhr~~ce to tM
adpuary or inadpv~cy o4 tM valw of Hx prop~rty mwtysp~d or ro the wMenry w i*+so~vtncy of said MORTGAGOR or Th. def•nd.nn. +nd tMt ~uch
r~nts, profits, IrKar~, issua ~~d fWMUf! ~M!! b~ appiied by auch Reuiwr aawd~ny to th~ lian w ~qu+ty of s~id MORTGAGEE and tM practia of such
J
S. To dvly, promptly and Eully p~rfwm, dititharq~, execut~, ~ffsct, compl~t~, tomply with +nd ~bid~ by eath ~nd wery tFw stipuJitiohs, p~Nm~nt~,
cor~ditforo and cov~es~nss in Nld ~lWf~lfiOfy IM11 ~nd this mortyay~ at forth.
9. Th~t in tM went th~ rrwn~nhip of the morip~q~d pr~mnn, ar ~nY p+rt ihcr~of. becane~ v~sted in • prnon otlwr than tM MOItTGAGOR, tfi~
MORTGAGEE, Fri wcceuo?y +nd ~uiflns, may, witFw~t notia to the MORTGAOR, d~s{ with su<h succeuw w ~uccasaw in intsrat with nhnnce to th:a
mort9ap~ ~nd th~ dabt Mr~by s~cund in the ~+rrN mmner ~s with Mortypar withovt in any w~y vitiatinq w~d~schufliny tM Mortp+pors' Il~bllity hr?t
und~r or vpon tM d~bt hK~by secv?ed• No sal~ of tF» pr~mises hertby moAyp~d ~nd no forb~ar~nu on th~ p~rt of tt+~ MORTGAGEE or iri ~ucuason
p+atiprq ~~d no uct~nslon of th~ time fa tFw p~ymenf of th~ drbt her~by ucured qiv~n by fh~ NlORTGAGEE or in aucusaon or ~uiyru, th+ll opaat~
p nl~h, disd»ry~, modifp ciwrp~ w~ff~ct tM oriyinal Il~bility of tM MORTGAGOR henin, ~ftFKr in whole a In p~rt.
{Q h h sp~cifiutly prkd Mar time ia of tM ~asenu of thi~ ca+lr~ct ~nd th~t no w~iv~r of •ny obliy~tion htrevnd~r or of tM oblty~tlon ts•
~vr~d hrnby ~M!! ~t ~ny tirrK there~ftK b~ Mld to b~ ~ walver oF tF» earms herwf or af tM instrum~nt ~ecured herby.
11. In addifion fo th~ fors~oing :nonihly p~ymsnis of princ p~l ~nd interost required by the prom~iwry nate secund hereby, mortqaq~w cownanM
snd prNS to pay to morrp+pe~ with s~ch monthly payment ~n additi~onal wm ~ttimated by mor~gcgee to be eqwl to 1/12 of tha annusl cost of th~ folbw-
{npt
A-/11i n~l property tax~rt Iwi~d a~uessed peinit tt» ibov~ desvibed reaf estata.
d--PrMniurrn on fin and windstorm insursnr,~ ~s herein rsquind to ba urried on th~ improvement~ ~itwte on th~ abovf dtscribed pr~misH.
C-Pr~mi~m~ on wch rrwrtpaqe qwr~nty inwrenu ~s mortyaqs~ shall from timt to tim~ deem fit ?o tarry on th~ Ioan Nc~red Mreby.
MortqapM ~h~ll from tirth to time notify mwtya9or in writirg of th~ amount dua and p~ysbl• Mteunder •~d such sum ~MII th~rwpon b~ dw and
p~Yebl~ on tiw dw d~te of th~ narzt monthlY P+Y~nt ~nd eich svanasiw month thersaher vntil mortyaye~ ~I+~II ratify morfysy~ of • cha~g~ iw wch
~rrqvnt. Such svma sh+ll b~ appli~d by mortpayee tow+rd tM paym~nt of n~l prop~rfy t~x„, i~sur~nc~ prsmiums, and mortpsy~ fluKenty imunnu
~rniwm.
IN WITNESS WHER , th~ ~+id 11AORTG R 1w Mrwnto ut hit ~nd a~d kal ther day rnd y~ar first aforesaed.
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fi~?~ty'.+~ rr,~~l~~jo~rlaion. cwutr~int, ~P?r~F»nsion, w f~a af w frvm h~r uld Fwab~nd.
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. • Not~ry Publk t~ and for ~h a~F Fbrlda tt luq~
'y~3i` ~ My Cortrnfafon ~xpin~s
' Ratum To:
CitiY~s F~d~r~l Savinss i lean AsseciaKon r~:~`• ~l:t- G~ (;~'.~3 ~l ~d- ~
~f St. luci~ Cow~ry ~Y lOmr~;ssi•,i E~rtt~s .`!-t:'~ i, i767
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