HomeMy WebLinkAbout1764 And f~id Mo~lqe9wi: fw rh.m~elws +nd ~heir Mir,, Ipal r~preunt~tivp, wa~sw~~ w+d iuiqn~, (++r~by jointly •nd wv~nlly cownant +~nd ~pr~?~e
~o ~nd with tM uid MORTGAGEE, its successon snd auiyns:
1. To pay •II •nd •inyular the princip~l and int~rett ~nd the vuious ~nd •undry ~ums of mon~Y p+Y~bl• by vi?tw of uid promiswry rwf~. ~nd thi~
mat9ay~, e~ch ar+d evuy. Promptly o~ rM dayf re~pediwly the i~~ Nwr~lly b~com~ dw.
2. To pay •II ~nd ~influla~ the uxe~. ~a~estmsnb. levie~. Ii~biliti~f, oWiq~fio~» ~nd ~ncun+braaca of ~wry n~tur~ ~nd kind now on N~d dNtrib~d
prop~rty, ot th~t h~reaft~r mey be impoNd, suffered, plKad, ?RVi~d, w~ts~ss~d thenon, Or tMt F?~t~afl~r m~y b~ Isvi~d a aaNNd upa+ thl~ MOrt~
ay~, or tM irtd~ltednest tecured hereby, each and ~vtry, wMn du~ and psyabt~. ~tcwdinq ro law, b~fw~ thsy b~tom~ d~linqwnt, ~nd b~fa• ~ny inb~pt
•ttaches or sny penal~y is inc~rrcd; 1N0 INSOPAR AS ANY THEREOF IS OF RECORD THE SAME SHAII SE PROMPTIY SATISFIED AND DISCHARGED OF
RECORD AND `HE ORiGIhAI OFFIUAL DOCUMENT iSUCH AS, FOR INSTANCE. THE TAX RECEIPT OR iHE SATISFACTION PAPER OfflCUllY ENDORSED
OR CERTIFIED) SHAII BE PlAtEO IN THE HANdS OF SAIU MOR?GAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT, •nd in th~ ~r~~t 1M1 any th~rwf i• nol
paid, sat~~fied and discha~ged ~a:d MC)RTGAGEE may at any ?ime p~y the tame a any psrl therwf without waivin9 ot aff~ctin9 ~ny option, li~n, ~quity or
.iqM under or by virtu~ of this mortgage ?nd the full amount of each ~nd rvery fuch paymfnt ~hal) ba immediataly du~ •nd p~yabl~ and ~hall bear iro~r~st
~rom the date thereoi uNil pald et rate of eiyht per cent~m pt~ •nnum and toyeth~r w~th wch interesl ~h~ll tx secu~~d by tM li~n of th:s maqtp~.
To plw ~rd contln~ously kNp on ttw bul~di~ps now or MrwftK dtwte o~ s+id land ~nd on all pulpm~nt ~nd p~rwnally cowred by thl~ m~xt~
whh ~II prN++ivnu tMrwn paid i~ fvll, fire insur~nc~ in tl» wwl ~a~rd policy fwm, in ~ wm approwd by the MORiGAGEE, ~nd windatorm
M+swanp In M+~ v~wl sr~nd~rd policy fwm. In a wm ~pprovod by fl+~ M4RTGAGEE, in ~uch company w comp+ni~s a t1» AIORTGAGfE neay
di?~cfj ~r~d •II f'u~ ~nd windsrorm Inavnna policin on ~ny of said buildinps. ~ny fn»e~st tlar~in vr p~rt ther~of, fn the pprey~t~ wm aforn~id w
{n exctN MwKwf, sMll contai~ th~ wwl tt~ndard mwtpapN cl~us~ w~uch o+h~r c1~uK th~ Mortqay~e moy requEr~, m~klnp tM lob ur~r said potl-
cip, ~ach a~d' ~v~ry, p~y~bl~ to uld MORTGAGEE a~ its int~rNt m~y ~pp~ar, and ~~ch ~nd ~v~ry tuch policy sh~l1 be p~or.+ptly au.qr»d ~nd d~Iiwr~d to
•ny h~td by wid MGRTGAGEE +u~ furtF»~ ~ecurity to ~aid mor+yp~ debt, ~nd, not I~a tM~ t~n (10) day~ in adv~nc~ of tM ~xpir~tion of sach policy, ro da
liwr to ~aid MORTGAGEE • renew~l thar~of, tofl~tAer with a nc~ipt fw the pr~mium of tuth r~n~w~l~ ~nd th~n shill b~ no fire o! windatorm Insuranc~
pl~ad on ~ny of f~id bulldir+q~, ~nY inlOrHt thK~i(1 w put th~rwf, vntes~ in tM form ~nd with th~ Iw~ pay+bl~ as •fort:~id; •nd in tM ~v~nt ~ny ~um
e¢ rt~on~y b~cpn~s p~yabl~ under such policy w polici~s ssid MORTGAGEE sh~il hsv~ th~ option to receivt a~d •pp~y ih~ um~ on ~ccount of the indebted-
n~s~ s~turod h~r~by a to permit asid MORTGAGORS to rec~ive and une N a•ny pa~t thereof for other purposes, without thereby waiving or impair-
kq ~ny puity, liw~ a riqht undtr o+ by virtw of thi~ matqape; and In tM •vsnt Hid MORT~GAGORS ~hall fw •ny r~awn f~i! to keap th~ s~id pr~mi~e~ ~o
in~und, w f~il W deliver promptly any of s~id policie~ of insuranc~ to ~aid MORTGAGEE, or fail promptly to pay fully •ny pr~mium ih~refor w in any
rt~p~ct fail to p~rfwm, di~charfle, ~x~tut~, eff~ct, compl~te, compty with snd ~bide by tfiis covenant, or any part hereof, taid MORTGAGEE m~y place ond
pay fw ~uch Inwr~nc~ or any part ther~of without waiviny or ~ffactinq •ny option, lien, equiry, or riyht under ar by virtut of thit Mortq~qe, u+d the
full artwum of qch ~nd ~v~ry wch payment thell b~ immedi~roly due and payable ~nd ~MII k»u intero~t from tM det~ therwf until paid •1 thr rrt~ of
nfn~ per ce~tum p~r ~nnum and toyether with such intere~t shall be secured by tM li~n of thii mort9ay~.
4. To p~tmit, tommit or suff~r no w~~t~, Imp~itrrNnt or det~rioration of srid property w any paR thereof.
S. To p~y dl aod ~inqul~r tM co~ts, ch~rqe~ snd exp+ntss, includiny a mson~bl~ attorney'~ fta ~nd casta of sbitncrs of titls, inwrrtd or paid ~t
~ny tim~ by uid MORTGAGfE, btt~ust or in iha event of 1M failun on th~ Hrt of the said MORTGAGOR to duly, promptly ~nd fully perform, diuh~rg~,
~a~tut~, ~ffrct, complet~, tomply with and abid~ by ~~th end every th~ ~tlpulatioru, ~qr~emenri, to~dition~, ~nd tovananri of taid promiisory note ~nd thi~
moreQ~pe any or ~ither, and s~id cwn, charyea •nd ezpensai, e~ch ~nd ev~ry, sha11 be immediat~ly due ~nd piy~ble; whNMr a not tMr~ b~ notic~ dr
mand, stt~mpt to collrct or wit p~ndin9; and the full ~mount of e~ch and ev~ry such p~yment ~hsll bs~r intnrest from tM dsts thereof until p~id N th~
rat~ of nine per centum per •nnum; and all said coits, char~es and expensea incurr~d w paid, topethsr with tuch inter~st, ~h~ll bt tecured by ti» li~n of thii
rtwrt~aq~•
6. Tfiat in tM event of eny breacfi of this Morty~q~ or default on tM paA of the MORTGAGOR, ot (b) in tM svtnt ~ny of s~id wm~ of monty
horsln nfurr~d ro be rat promptly snd fully peid witfiin thirty (30~ d~ys nezt aher tk~ um~ pverilly brtome dw and payrblt, withoui dem~nd w notice,
oi In ti» ev~nt e~ch ~nd •+ery the ttipul~tians, ~r~emenb, conditions and cov~nanh of~/•id promiuory note and th~a mortpp~ any w~itMr an not
~uly, promptly ~nd fully p~rfwm~d, ditcharyed, exacuted, eff~cted, complsted, complied witFi end sbided by, then in tither w•ny tucfi ~v~nt tM a~d
prpat~ wm m~ntion~d In s~id promissory note then remaininy unpaid, with intsr~st ~ccrwd, •nd ell moneyi aetured her~by, •h~ll becort» dw and pay~
a61~ forthwith, w th~rsiher, it rha option of •~id MORTGAGEE, a~ fvlly ~nd compl~tely a~ if ~II of the uid wmti of money wen oriyin~lly stipul~ted
to be p~id on ~uch d~y, anythinfl in said promiuory note w in thi~ Mortyage to th~ co^trary notwithstandinq; and thersupon a thereaft~r at tM aptio~ of
said MURTGAGEE, witMut noti<~ or demand, ~uii at law w in equity, thertPor~ or thers~hsr beyun, may be prwecut~d a~ if all money~ t~cur~d Mr~by
Md m+tured prior to it~ Institution.
7. 7Fr~t in the event thst ~t the baginning of or st any time pendinq eny suit vpon this Morty~~s, or to for~clos~ it, or to reform it, or to enforer
payrnent of any clsimf h~reunder, ~sid MORTGAGEE •hall apply to tha Court haviny jurisdiction thereof for the ~ppointment of a Receiver, such Court ~hall
Forthwith appoint s recoiver of said mortq~yed propetty all ar~d sinyulsr, includ~nq •II •nd s!~yula: the intome, profit~, iuut~ and nvenues from whattve!
wurc~ d~riv~d, ~ach and ~very of which, it beiny expreuly understood, is hertby morty~qed a~ if specificslly set forth and datrib~d in tM ynntinq •nd
Fub~rodum clause~ harwf, ~nd such Rrceiver shall have rll the broed •nd effectiv~r functions ~nd pow~r~ in anywise antrvned by a Court fo a R~teiv~r, end
wth appointment shall bs m~d~ by tuth Court as ~n sdmitted equity and ~ m+tt~r of ~bsoiut~ riqht to ~~id MORTGAGEE, ~nd without r~f~rtnt~ to th~
~dpuity nr (nsdequacy of tht value of the property mortyay~d or to the solverxy w insolvenry of t~id MORTGAGOR or fh~ defendsntl, ~nd th~t ~uch
ren», profit~, intom~, iuues and revenus~ shalf b~ ~pplied by ~uch R~ceiv~r ~ccordiny to the lien or equity of wid MORTGAGEE ~nd th~ practiu of ~uth
Couri.
8. To duly, pramptly ~nd fully perform, diacharge, execute, effstt, complete, comply with ¦nd ~63de by e~ch and ~v~ry ihe ttipul~tion~, sqnements,
cor~ditiorn ~nd coven~nts in seid promisaory note and this mortqaq~ ~et fwth.
9. ThH In tM event ths ownenhip of the mortyaged premiies, or any p~rt iherwf, becomes ve~ted in • pason other th~n iM MpRTGAGOR, t1»
MORTGAGEE, fts ~vccessors +rtd s~~iqns, may, without notice to the MORTGAOR, deal with such succesiar or ~ucce~sar in intere~t with referenca to this
mort9ay~ snd the debt hsrtby seturtd in the fame m~nntr is with Morty~qor without in any way vitiatiny w diuh~rqinp the Morty~yon' Ilability herr
und~r or ~pon th~ debt her~by secured. No sale of tM premises hereby moAyaq~d ~~d no forbe+rsnts on tha parf of tha MORTGAGEE or ita svctsuon
or ~uiqns and no ~xtension of ths time fw the peyment of ih~ debt hereby secur~d qiv~n by tha MORTGAGEE or it~ ~ucceswn ot ~uiyns, thall operat~
b nlaw, disch~rp~, mudify cMnq• or •ff~cr tl+r oripinal Itability of tha AAORTGAGOR htrein, ~itMr in whol~ a{n part.
10. It Is tpsc~fic+lly pned fhst time is of ths euenc~ of this tontr~ct •nd th~t no w~ivsr of ~ny obliyatio~ herevnd~r er of th~ oblffl~tbn cr
cut~d hsr~by ~hall ~t ~ny tirr» thoreefter b~ held to k~s ~ waiv~r of th~ t~rms iwrwf or of thr instrument secured herby.
11. In addition to tM forrqoing morrthly payments of print pal and interest required by the promissory ~ote secured hereby, mo?tqagor cov~nanta
~nd sqrets to pay t~ moHqpe~ with each monthly payment ~n additionsl ~um estimsted by mort~cc~ee to be equsl to 1/12 of tfie annU~l cost of tht follow-
A-AI! r~al proptrty taxef lavied or assessed eyainu tfse •bova deK+ibed real estate.
6-Prsmiurns on flre a~d winditwm in~ursnce at herein require~ to be csr?ied on the improvements ~ituate on the above dauribed p~emi~at.
C-Pr~mivm~ on such martqape ywranty inturante as mortfl~yee sh~ll from time to time deem fit to tarry on the b~n ~etured hereby.
Mortp~qee shall fram tim~ to time notify mortyaqor in wrttinp of tl+~ amou~t due •nd psy~ble hereunder and •~ch sum shall thertupon b~ dcw •nd
p~yebl~ on the duo d~ts of th~ nerct montfily p~yment •nd ~ech fuccsfYiw mw+th thenaher vntil mortgagee shall notify mortyayor of s ch~~qe in wch
smo~M. Such ~ums th~lt bs •ppli~d by mortp~qe~ towsrd 1M p+ym~nf of real prop~rty t~x~t, lnsur~nca premiums, •nd mortysg~ yu~r~nty iruuront~
pr~iuenf. C~
IN WITNE55 WHEREOf, ia~d MORTGAGOR rnii ~i ,~t~~~D day ~nd year first aforesaid.
Sipr+~d •r+d d~li i tM W ~N~~~~ ~al~p 1„J t"t
~ , L`'+-u~~8{- Q 0 n
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6~ /~.It!1 ~ ~ p~~ ~ . ~v ~ ,r'L•~:-/ . 15~.a)
` ~ ~ f~^~~ , ti • ~ i
STATE OF FLORlOA ~ 0 ~(J , ~ . ' • . •
courm.oF.~.w...
.Sti. Lucie ~~~0?~RAS, G~`~~~K = (~~.•j. `~r.
'~;b.td~+!e!''P«.o~.ur .cw+?~d F ~fl~~~ ~ L~~31 e t t = ' ~ 1'~: _ _ ~
~ ~~83~~ M8@ ~iOLf.'~ his wff~ to rt+~ vr~ll'kMwp s~d kno~iJn'to r~ to be
I~w,`ir~vWusls d~r~b~d 1n ~nd who ~x~cutsd the fap~air?p irun~mntt, w~d ~ticnowl~dp~d btfrx~ rt» that tMy ~x~cvt~ .fh~ •?!nn .f~f . Ny~' ~7~
~4+x+~+ ~tpi~n~d. Md ~ti~ uli+ $P a a i P Mg~G ~
~
~ o~ ~ ir,. ..w : = E~ ~g P r+ P r, n l„~ t' r ~pGh Mp.,~t. ..?d rxhr.+~
i~~minati~? by t~~~( ~pOots ~nd ~p~rt from Mr s~id husband. ~cknowl~ed to ~nd brfon rrs~ th~t sM ~x.cu»d s~id Imtrvmsm frNfy W?d volurr
fsri(r '~wi ierit~dyl 1~ny camPu~sion, corntraint, ~ppr~hansion, a fear of w from Mr t~fd hwband.
A. D. 19_~.
WtT~ESS my,~haad ~~e~d offiei~l sesf th« ~ 1 G~= d~y of
Notary Publk 1~ and for sN of Flwida rt larp~
' My Commistion ~xpirMs
i C'. ~ ~?..,s
Retum To: s '
CiNzsn~ hd~r_~ S~rinpi i Loan Auocistien i'.~i;;•y ^,c:,~. S~c" .„i~~
T~1y C.o'r' i 5~:: ~ L j-:
ef s,. urci~ cow+ry rr j±
Ft. Pleru, Flwids ~~~k