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HomeMy WebLinkAbout2152 Yo pt~a ~nd continuously kNp on the buildinpi now or Mreshrr ?itu~f~ on said t~nd ~nd on ~N puipn~t ~nd pNwn~lly covK~d by tl+ts rtartq~ p~, with ~II pr+m7u+ra therwn p+id in full, fir~ i~aw~nc~ in tM uswl standard policy form, in ~ ium K~prov~d by the MORTGAGEE. ~hd windaturn lnwr~nn f~ tM vawl st~ndard policy form, in • sum approv~d by the MORTGAGEE, i~ ivch company ~x compani~s as tM MORTGAGEE en~y dinep wd all fh~ and windrtar+i imur~nt~ policis~ on ~ny of s?id buildirqs, ~~y int~nst rherfia or pan tMrwf, in tM ~qgntq~t~ wm ~fa~aafd or in udq II+Kwf, tlwH contain th~ usval standard martqs9e~ clause w iueh otha clava~ ~a fh~ Mortqapee may reqv~n, maki+.q tM los~ under uid pol~ ci~s. Nch ~~ry, p~Y~bl~ to Nid MORTGAGEE aa its intere~t may spp~ar, and tach and ~wry auch policy ~h~ll b~ promptly as~:yn~d ~nd d~liv~t~d to ,~ny M;d by 1~id MOR~GAGEE et furtMr ~curity to said mort~p~ debt, and, not !ou thsn ten (10) dayi in sdvanc~ of the a~pfration of each policy, to dr ffwr b- aid tiIAORTG~?GEE a rMkw~l tMnof, top~tMr with a retmipt fw tM pr~rt+ium of such rarwwal; srxl thrr~ ahall b~ no fire or windstorm intu?~~c~ , plac~d at~ ~ny of s~id buildinps, any int~?Nt MNrin or part therwF, unless in tha farm ~nd with tM lou p~yab~~ a~ sfar~said; and in iFN •v~nt any ~um of mon~y b~com~~ p~y~bl~ ~ndK tuch polity or politi~s aid MORTGAGEE ihall Mw the nption ro receive a~d spply the aame on account of the indebted- rna t~tur~d F~~by o~ ro p~rmit said MORTGAGORS fo rxeive and us~ it w any part thereof for other pu~pose~, without thc~eby waiving or irnpair- Inp ~ny pu~ty, li~n or riyht w~dsr « by virtw of this mor~pa~a; and in tM ~vent ~a~d MORTGAGORS sMll for ~ny reaaon f~i! tn keep the wid premtKS w Mwred, w f~il fo d~liv~~ pramptly any of tsid politles of intursnc~ tn ~aid MQRTGAGEE, or fail promptly ta pay fully any nremium theretor or in •~y rpp~ct fs{I 1o p~fptn, diicharye, ex~cute, ~ffect, compl~t~, comply with ~e+d abide by th~s tovenant, nr ~ny part herwf, said MORTGAGEE may ptacs and pay for sush imurm?u or any prrt tMroof wlthout w~ivir~q or affetiirp ~ny option, (ien, puity, ot riqM under a by virtw of this Mortgsq~, and the ivll arnount of ~ath and ewry wch paymert sM11 ~ imm~dietely dw ~nd payabl~ ~nd ~hell b~ar inlerest from tM dat~ thereof until paid at tM rate o1 ninr p~r c~?tum p~r annum end toqether with such inte~eat ahall be secured by tM li~n of thi~ mwtqape. 1. To p~rmif, axnmit a~uffK no waste, impairment or daterioration of said property or any pah ihereof. S. To pay a~! ~e~d sfnpular ih~ cwts, charyes and exp~naes, includiny a reawnable attorney'~ fes ~nd to~ts of ~b~trarn of fitle, inturr~d o? paid ~t any tim~ by iaid MC?RYGAGEE, b~cause or in tM ~vent of tha failurs on the pari oI th~ ssid MORTGAGOR ro duly, promptly ~nd fully perfwm, d~xharq~. ~xetut~, ~ffetf, tomplat~, comply with and •bide by eath and every the stipulations, ayreements, conditions, and cov~nanti of ~aid promiswry note •nd thi~ mwtp~p~ ~ny or either, and iaid cosK, eharpe~ ~nd sxpenses, e~ch snd avary, ~h~ll be immedietely due end paysbte; whether w nnt there be r~otice da n?v~d, ~tt~mpt fo mllatf or tuit p~ndinyJ ~~+d tM fuil amount of each snd wery wch payment shall beer interost from !he dere tMreof until p~id tl tl~e rN~ of nin~ per etntum par ~rntiumj u~d all ~aid cosb, charqe~ ~nd expenua incurrtd or paid, tagether w~th wch intrrkt, ~MN b~ s~c~r~d by the lie~ of thu ^+atqqr• 6. Th~t (a) in th~ ~v~nt of any brs+ch of this Mortgape or defaulf on the part of the MORTGAGOR, or (b) in the ~venf any of eaid t~m~ of monQy her~ln ?~f~rr~d fo bs nof promptly and fully paid within thirty (30) days next efter the same severally betome due and payable, without dem~nd or notitr, w(~ In tlw ~wnt ~ech ~nd avary the ~tipulationr~, ~greerrknts, conditions and covenant~ af sa~d promiasary note and th+s mortqeqa any w eithar •r~ not iuly, promptly ~nd fu~ly p~rfam~d, dischar9ed, executed, effected, complsted, tompliad with end abided by, th~n in •ither w•ny iuch evsnt t`~a u:d ~Q~ prpat~ wm rrNrttion~d in uid promissory note then remaining unpaid, with interest accrued, and all moneys aetur~d hereby, shall becoms dv~ ~ntJ pay~ abl~ forthwith, or th~teaft~r, at iM option of taid MORTGAGEE, as fully and completely as if all of the said s~inr of money were aiqinally ttipul~ted to b~r paid on tuth day, anythlnq fn taid promissory note or In this Mortgage ro the contrary notwith~t~ndinq; and thertupon or there~tter at tha option of utd MORTGAGEE, without notEc~ or d~mand, suit et law or in equity, therefore or thereafter begun, may b~ prosecut~d ~s if all moneys ~ecur~d hereby had rh~tund prior to in institution. That in ths ~vent that at the beginning of or sny ~ime pen~in9 any su:t upon fhis M,ortyage, or to for~clo~ it, or to nform N, or to anforc~ p~ym~nt of any Cl~ieni h~rwnder, s~id MqRTGAGEE thill spply to ihe Court having juriid;ct+on thereoi for th~ ~ppointment of • Receiver, wth Court shell forihwkh ~ppOint ~ rKeiw~ of sai~ moriya9ed property all and singular, inclvd~ng all and sing~lar the incom~, profitf, ifswt and rtv~nues fran whet~v~r wuru tlttriwd, ~atM~ ~~d ~wry o whith, It beinq ~xpre~sly understood, is hereby mortgaged as if ~pecifically ~et forth and dascribed in th~ qr~ntinp and hsb~ndum clausa Mrwf, Md auch Receiver shail have all the broad end effective funct~ons and powera in anywi:e entruYted by a Court tq a Receiv~r, and tuch appolntmenf shall b~ msda by tuch Caurt ~t an admitted equity ar.d a matter of ebsolute riqht to said MORiGAGEE, •nd withovt r~fcnnce to the ~d~quscy a fnad~qu+cy of the v~lve of the property martgaged or to the tolventy or insolvency of said MORTGAGOR a the defendanta, and !hst ~uch r~nt~, profib, Ir~tom~, iqua and r~venues shell bs epplied by such Receiver according to the lien or equity of teid MORTGAGEE and ths practic~ of such Court. - 9. To duly, promptly and ful~y p~rform, discharge, execute, effECt, complete, comply with and abide by each snd every fhe ~tipulatio~s, agnemfnt~, co~ditions and covenant~ in said proml~sory nota end this mortgage ~et forth. ' 9. That tM ~v~nt ihe ownership of the mortgaged premiaes, or any part thereof, becomes vested in a penon other then the MORTGAGOR, the MORTGAGEE, lta ~ucceuorf and ~uiyns, may, without norice to the MQRTGAOR, deal with such successor or rucc~s?or in interest with reference to thi• morty~q~ and the debt hereby secured in ihs same manner as with Mvrtgagor witho~t in any way vitiatinfl w discharfling the Mortqagon' li~bility her~ under or upon the debt h~reby secured. No sale of the premisrs hereby mortgaged and no forbee~ante on the pert of thr MORTGAGEE or its successon w auiflru and no extension of the time for the payment of the debt hereby secured given uy the MOR'fGAGEE or its euccessors or assigru, shall oparata fo r~lease, diuh~r9e, modify change or affect the original liability of the MORiGAG~JR herain, either in whole or in pert. 10. It f~ ~pecifitally agreed that time is of the essence of this contract and that no waiver of •ny obl~gation hareunder or of tho obliqetion so- ar~d her+by th~ll ~t sny time thereafter be held to be a waivar of the terms hereof or of the ins~rument tecured herby. . 11. In addition to the foregoing monthly payments of princ'pal and interest requ~red by the rra~~ssory nore sec~red hereby, mortgagor covenanrs snd ~flreef to pay to mortflegee with eath monthly payment an add~tional sum estimated by mortgagee to be equal to 1/12 of the annual to~t of the follow- ir~: A-A!1 real property taze~ levied or astessed agai~st ihe above described real estare. B-Promium: on fire snd windstorm insurance as herefn requtred to be carr;cd on the irrproveme~r• s;tuate on the above desc.lbed premites. C-Premiums On ~uch moriflag~ guararty insuronce as martgagee shall from t~me to time deem fit to carry on the (oan ~ecured hereby. Mortg~gee shall from time to time notify mortyagor ir, writing of the amount due and payable hereunder and tuch sum shall thereupon be duc end pay~ble on the due date of the next monthly payment and each successive month thereafter until mortgagee shall notify mortgagor of e thange in such emo~nt. Such tums shall be spplied by mortgagee taward the payment of real property taxes, insurance prem:ums, and mortgage yuaranty insurence premiums. IN WITNESS WHEREOf, tha said MORTGAGOR has hereunto set his hand and seal tha day a~ year first aforesaid. - ipe~d, ed ~nd ~red in th~ presence of: - (5e~q ca erry ~~~i~ ~ ~ 5val) e ae ' rry ~~a~~ STATE OP FLORIDA ~ 55. couNrr oF S~_ Luc ie 6efore me psrsonally sppeared J ae ob Be rr~ e~~+ L~11~@ M$8 Berry hia wi'e, to me well known and known to me to be fhe individu~l~ described in and who executed the forefloing instrument, and acknowlcdged before me that they executed tht same far tha purpose~ theretn exp?ested. Md the said I,~,i l l~ o M a~ Ra T. r+a wif~ of fhs uid _ JikL`Ob BgPx`~' ` ~pon a aeparote and p~ivats examin~4ion by me 4aken separate and epart from her said h~sbend, ecknowledged to end before ms that she executed said instrument freely and volun- tarily and without any compu~sion, constraint, epprehension, oc..~Rar of o~ from her ssid hutbend. WITNESS my hand and oHicial seal this~_ day of 8~1,~, A. D. 19~~ ~ Notary Publ' n sn for the Stete of Florida ef larqa My Commis on txpires: Ret~rn To: Fint Federal Savin9s a Loan Aswciation Notary PubTlC, St~e 01 rf0A218 ~f ~rI o¢ Fofr v~erce. Ay Corr~m~s~ion Exp:res Au~. 6, 1967 • FfLEO l~1N0 RECORDEC Bcnded By American Sursty ~;,O.of N. Y . ~Piert~,,florida ~ Q Q~( • . ~ ..y\~"~•~•t•• /1 „ ~ ~ . . ~ F~ n'~ ~ '6S SEP { 0 P~I 3 : 37 . ~ : , . . . - s°= ~ r. ~ ' . ' • . • ~ ~ , ~ , • ~ s:~t t~~~ . _ , . 1 . ~ ROG~R ~~i ; R~,S. CLERK , - . . _ _ . , ST. LUC~ R DA ~7Y. . ~'~0 - . , . , - ~ " ~ ; ~ . - - - - - -