HomeMy WebLinkAbout2156 Te plan ~nd contYwevtty kNp on the buiidirqs now w htr~ahp ~itw~~ on sa+d I~nd u+d a+ a!I eqvipmM?t ~nd p~rwn~IFy towr~d by thi~ mo~R
p~, wNh aN pr«.~{ums tMr~on paid in full, fin insursnc~ in t#+e uwal standard polity fam, ie~ a wm ~pprowd by tM MbRiGAGEE, N?d winditpm
irawu~n in th~ uswl aandard pol[q iam, in • xum ~pprov~d by tM MORTGAGEE, in wch company o? comp~niK u th~ MURTGAGEE in+y
dinttj and ~11 fin ~nd windttorm i~nurinu policies on any of s~id buildinq~, i~t~l {f1~NH1 fF1~IfIR 01 part therfof, in the +~g~a~yat~ wm afa~id ar
In e:c~ Mwnof, ~hdl co~tain tM vawl su~dud mortgagee ci~~se or svch other ctsus~ as,tF» Mwtg~s nay rpuin, makin9 t1» Iwa unde~ said po~F
CiM, ~ach ae+d ~wry, payab~~ to said MORTGAGEE as its intere~t may ~pp~ar, and cach and e'very such poliey ehall be promptly uf:pned a~d dNiwr~d ro
.~ny hrW by wid 1NORTGJIGEE as further wcvrity to uid mwtpa~ debt, and, not I~s than tan (101 days in ~dvante of the •xpiration of Mach policy, to d~
(lwr to ~aW MORTGAGEE ~ nMw~l tMnof, k~tMr with a rrt~ipt far tM pn+r+i~un of wch r~niew~l; and tMn shsll no fi~e or windstorm Iruwanc~ '
pletrd o~ any of s~id buildinQs, any intsre~t thKein or p~rt the~eof, unless in ths form arx! with the loas payabl~ a~ •for~said; and in the ev~nt any t~m
of nwe»y b~comp payibl~ u~+d~r such polky w poUcies said MORTGAGEE ~hall 1?av~ th~ option to ?aceiva and apply ths s~me on account of the indsbte~
neu wtur~d h~r~by w to pKmit ~aid MORTGAGOR$ 1o receiw ~nd uie ft w any part fhtreof for oth purpoaes, witho~t Iherebl wa+vi~~g or impair-
M+p any ~quity, I'~ or ripht ur?d~er a by vinw of tlw mortpaqs; and in tM •ve~t aid MORTGAGORS ~h~ fo~ ~ny reeson fail to keep the said premisei so
k~wred, or fsil fo dtliwr prxnptly a~y of uid policies of insuranc~ fo ~aid MORTGAGEE, or fail promptly to pay fully ~ny pr~mium therelor w in sny
n~p~ct fail b p~rfam, discM?ye, ~xecute, ~ff~ct, compt~t~, tomply with ~~+d abid~ by this covenant, w any part hasof, said MORI'GAGEE may ptaca and
pay for wch tnwranc~ w any pan tMr::of withoue waiviny or aft~ctlnp ae?y option, li~n, ~quity, w riflht und~r w by virtue of th~: M«t~sye, and ths
full amoVnt of Nth and ~very weh paym+nt sMll 6e immadiately dw ~nd paysbl~ and •hall 6~ar int~r~~t fran tM dat~ th~reof until paid ai the rat~ of
nirw p~r cenwm p~r ~n~um a~d toQether with ~uch intere~t ahall be secvred by tM li~n of thii mortQp~.
To p~tmit, tommit a wffer rto wast~, imp~irment ot deteriw~tion of aid property w any part theriof.
5. To p~y aH and slrqulu tM costs, charyaa and expenses, ~ncludinp a reason~ble stto.ney'i fee and coats of alxtrocrs of title, incurrsd or paid at
~~y tim~ by said MORTGAGEE, b~t~vse w in the event of rhe failure on the p+rt of the ~aid MORYGAGOR ro duly, promptly and fully perfc,rm, discl+arq~:
~~cK~11, ~ff~N, tompl~te, comply with ~nd ~bide by tsch and every tha stipulations, agreemenri, tonditioni, and covenen» of said promissory note •nd thia
matyp~ any w ~ither, and said wats, CMPQH snd axpenses, rach and svsry, slwll be immediately due and payeble; whether w not there be r.otite dr
mand, atMmpt to collect w suif psndinq; end tht full amou~t of each and e~~ry such psyment ~hall beer intersst from the date thereof until paid at tl+~
r~te of nine per centum per am,um; and all aaid coih, charge~ and expenses inturrsd w paid, together with ~uch intar~st, ~hall be ~ecured by tM li~n af thii
4. TMt (a) in the svent of a~y breath of this Mortqaq~ or default on the part of the MORTGAGdR, or (b) in the ~vent any of sa7d sumi of money
Mr~ln r~fNn+d to be nat promptly snd fully paid wirhi~ thirty i30) deys next afrer the same teverally become dus and peyable, wi~hout demend or notice,
ot (d tn the ev~nt each snd every the stipulations, agreementa, conditio~s ond covenant~ of ss~d promissory note and this mortgaqe any or either eie not
~uly, promptly ind fully performed, dixharged, exetuttd, effected, completed, complied with and sbided tiy, tMn in eithet or •ny such sv~nt the ~aid a¢
Qrpat~ wm mantioned in said promiasory note then rema~ning unpaid, with interest accrued, and all moneys wcured hersby, ~hall become due snd pay
~bl~ forthwith, w thereafter, at the option of said MORTGAGEE, as fully and completely as i( all of the aaid ~urrw of money were oriqinally ~t~pulsted
fo ba p+id crn tuch day, anythinfl in ~a~d promissory note or in th9s Mortgage to the contrary notwithstanding; and thereupon or thereafts. at the option of
qid MORTGAGEE, without notice or demand, suit st law or in equity, therefore or thereafter begun, may b~ prwacut~d ~t if •II moneys set~red hertby
had rrwtund prfor to 7n institution.
f. Thaf in ihs event ihat at the beqinning af or at eny limt pending any suit ~pon ,t}~is Mortgage, or to fontlos~ it, or to reform it, or to rnforp
payment of •ny cleims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof for the appointment nf • Receiver, such Court shall
forthwFth sppoint r rxeiver of sai~ mortgaged properiy all and singular, includ~~g all and singu~ar the income, protits, issues and revsnuei from whatav~r
wurc~ derived, aach •nd every o whith, it lxinq expressly understood, is hereby mortgaged es if tpecifically tet forth and described in the qranting and
hab~ndum t!ausei hereof, and tuch Receiver shall have all the b~oad and effective funct~ons and powers irt anywise entrusted by • Court t0 + Reteivor, and
euth appointrr~nt •hall be msde Sy such Co~rt as an admitted equity and e m~tter of absolute riyht to said MORTGAGEE, snd wifhout reference to th~
~dpuscy or inadequacy of the velue of the property mortgaged or to the solvency or insolvency of said MORTGAGOR w the defendants, and that tuch
rents, profit~, intome, i~~ues and revenues shall be applied 6y such Receiver accordin~ to the lien or equity of taid MORTGAGEE ~nd the prattic~ of •uch
Go~R.
8. To duly, promptly a~d fully perform, discharge, ezecutc, efsect, complete, comply with end ebide by each and every tha stipulations, agreementt,
conditiom and cove~ants in said promhsory nota and this mortgage set forth.
9. That tn th~ event the ownership of ihe mortgayed prtmises, or any part theroof, becomes vested in a person other than the MORTGAGOR, the
MORTGAGEE, Ift fuccessor~ and aseigns, may, withou~ norice. to the MORTGAOR, deal with svch •uccessor or wccessor in intere~t with refer~nce to thit
morty~ge and the debt hereby sscured in the ame manner •s wi~h Mortgagor without in any way vitiatinq or dixharginfl the Morryagors' tiability her~-
under or upon the debt hereby secvred. No tale of the premises hereby mortgaged snd no forbearance on the part of the MORTGAGEE or h~ wccessors
or suigns and na extension of the time fw the payment of the debt hereby secured given by the MORTGAGEE or its •ucce~sort or assigns, shall opereta
to relee~t, diuharpc, modify change or affect tha original liability of the lNORTGAGOR herein, either in whale or Yn part.
1Q. It ie specifically agreed that time is of the essence of this contract snd thet no weiver of •ny obligation hereunder or of the obiipetior. se-
cured hereby ~hsll at any time therea4ter be held to be e waiver of the termi hereof or of the instrument ucured hsrby.
11. In addition to the forego:ng monthly payments of princ'pal and interest required by the promissory note iecured hereby, mortgager covenantt
snd aprees to pay to mnrtgagee with each monthly payrnent an addirfonal sum estimated by mortgagee to be equal to 1 j 12 of the annual co~t of the follow-
ing:
A-All real property taxes levied or assessed against thc above described real estate.
8-Premiums on tire and windstorm insurance as herei~ requ~red to be carried on the improvemants situnte on tha above described premises.
C-Premiums on such mortgage guaranty insurance as mortgagee :hall from t~me to time deem fit to carry on the loan secured hereby.
Mortgayre shall from time to time notify mortgagor in writing of the amount due and payeble hereunder and tuch sum shall thereupon be due an~
pay~ble on the due date of the next monthly payment and each successive month thereafter until mortgagee sha!I notify mortgagor of a change in such
amovnt. Such sums •hell be applied by mortgagee towa~d the payment of reel prop~rty taxes, insurence prem~uma, and mortgage guaranty i~surance
premiurrn.
IN WITNESS W REOF, h ~said M RTGAGOR has hereunto set his hand and seal the day and year first eforesaid.
Siqn~d, Se~le d a i e~ea of: /
~j Seel)
~
- (S~.q
(Seal)
(Seal)
STATE OF fLORIDA
COUNTY OP - - - -~SBjII~i I,eUG ' ~
Before ma parsonally appeared ~ W 1 ~ 81T1 H 81'g 8 t e and
Nenie H82°$~~i~ _ his wife, to me well known and known to me to be
fhs individuals described in and wfio executed the #oregoinq instrument, end etknowledged before me that they executed the :ame for the p~rywses
therein sxpres~ed. And tM sald ~ a p1 a rg a t e
wifs of the wid ~ ~_Z_L ~ Y'g g t~__ _ upon a:eparate end privste
exsmin~tion by me taken separate and apart from her said husband, acknowledged to and before me that ahe executed said instrument freely and volun-
tarily snd withaut sny tompultion, constraint, apprehens~~o,~j o~~ar o'f or from her said husband.
WIT~lESS my hand and otficial sea! this LLL~- day of ~ A. D. 196~'
~ ' - -
, Notery Public in and for the t~tt florida et larye
My Commit~ion exp~rei: p ~J/
Return 70;
Fint Federal Saving~ A~ Loan Association ~ ;I~A at LARGE
, ; r Of Fart Pcerce. , , - r • . . _ . „•'.E$ PiOV. 29, 1968
. ~ '•FQ[1 ~fCl. FIOfiC~a ORQ~~`_, J 4 ~ . . ..~7 \V. GIESTELHOR9T
~ . ' : " , FIL O,AN RE ~K~~ . ~ , ~
- ~ : J..Y ~ ~ IN ' e ` ~ , . ~
~ 'ti. • `Y ~ ~ p •,~r ~ _ '
• ~ SEP 10 PN 3 • ~ ^ ~ ~'f -
_ _ f' ~t~J . 4.1 c.:~'' ~
' ~ ' ; . ' ~ .Zt ' `
OGER P01 i RAS CL~liM~;;l~~,-,..,,
.
' . cc~., R UCIE TY.
COUN
. ~ ~ ST. ~ Fl.OR10A ~ g
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