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HomeMy WebLinkAbout0185 ~ . ; ~a~ AGLE a1?~11 l~ave tt~e ri~t, ~rit6out notice to the MORTC.~GOR.S, to rnllert xnd re.xive teum any ttnant oe kaa~e ot a~id ib~ rents, irww~ aad profib ot the roal est*te hereby mort~acd ~u?d the improvemrnts thereon, ~nd to sive pmper ~waripN ~[yuit4mw therefor~ and altn~ p~ying ~U cWUmiYious, of Ray reaW y~eni c:oUeMiaR l6e +~me, a~l rny te~aonrWc stloruty'a ~~~t r~ e~pcn~ea iaeuned in rnllectin~[ esme. to app~jr the ~ of such colkctans upon nny indebtedner~. obCyration otr ~iabiGqr, ot !6 ~MOR1'GAGORS bereunder. Thc ri~ht ~sntcd tAe MO 'I'GAGEE uadtr thu ~ra~exph ~I~~U Fx in ~Mitia? Rnd ~hall aot ~iw~it o~ restrict aoy othcr ri~ht ur eiRht,~ Rraoted the MOR1'GAGEE in this Mo~. ls. 'rbe 11dOATGAGOR$ aball aot eeee! ot permit to he erncf~ed ~ny ne~v buildinK or buikiinRu un We yrrmi~a h~eeen murt~rge~d, or to ~dd w or peem~t to be add~ed W~ ot the ezutia` impioveenents theroon without t6e written con~ent ot tbe MOR1'GAG~E, and ui tbe ereut of ~ viol~tion or attempt to viobte thia stipuLlioa thit Mort~e ond dl eums a~erura! htreb;v ehwll imm~li+atcly bemme d~e ~nd py~,~41e and th~¦ martxw~e ab'~ect to foreclosurr at the option et ~he MORTGAGEE. 1~. Tbat in the e~•eat tl?e MORTGAGORS are reyui~ed lo ca~struct or camplele s buikling or buildinp~a oi~ cl~esc peeniues u i eondition ot tL'u b~a, t6e MORTGAGORS e:pras~r +~g*ee to ux the proceed~ of thia lo~n in the ~rnstniction ~nd comp~twa ot such ~ a, ~p~ ~ us Kvoordanoe with tAe pl~ns and spcc~fin?tians hextafore wbmitted by tbNe MORTGACARS wnd ~ppoved b~ the MQ8'I'C G~.E. Tt u further RRaed by the MOAT(~AGORS that,ia the evrnt tbst,they shalt not compkto the eowtruction ot the buiWia` or buildinKs,now bein6 erecta! or to be eeecled on the peemiae~ 6ereby moet~ged~ ia ~ccorcianee .vith plans and q~ectif~ti~ue: ~ubmitted to tbe MORTGAG~E, on oe befoie wu (0) roont}u trom the date heetof, or if work w~ s~id con- de~,~tioa ~6w~W ceve befoce cornpktion rnd the ~rid w'urk e~6ouki semain ~bando~d tor r pcrind ot 15 days, then ind in cither eve~t, the anti~e principal aum ot the note aecu~ed by thia mortR.~e ~nd the iutenst thtrcon shall at once become due ~nd paysbk ~t the ' optiop of tl~e MORTGAGEE; Rnd i~ the evrnt ot abandonnxnt ot wotk upon the conatrurtion ot Lhe eaid bitiklinge for s petiod o[ t~ dys, ~ rfoe~id, the MOBTGAGEE au~, at its option, al~o enter into ond upon thc moetgaqed piemissea and complet~e the d~nstruc- tion p( tbe rsid buildin` or buiMiags: herebr giving to the MOR'CGAGEF tuU pnNer ~nd uuthority to make wch tntry aad ta enter inEo wcb contnrte o? arrtnpemeeU aa miy~ be nacese~r~ ta eoinplete the snid buikling or buikiings; and uwney e~tended by tht ~ MOR'CGAGEE in connectioo ~with eueh rnmpktion of rnnetruction ahall be added to the principal amount ot eaid note ~nd ~eeueed by • t1~e pn~mta, ~nd dull be payabk by the MORTGAGt~RS on demRnJ. ~rith intere+t st the rate ot ey~j~, pee ~nnum. 15. In order to creute and maintuin a fund for the payment of taxes, ufisessments und insurance premiuma, the unde~~siRned shall puy to the Mort~a~ee, in Addition to ptiyments specihcully reryuired under the note secured hereby. in inxtull?nents on the lst day of each month ~nd in the amount reyuectcd by the biortgagee, sums which when accu- mulated will be sutTicient (us estime~ted fe•om time to kime by \tort~x};ec) to pa~' one month prior to the same becoming due and puyuble, ull taxes, assrssments and insurunce prem;ums. if such surns exceed the amount so required, the e~c- cesa muy be rt~le.~sed or he:d by the l~tort~u~~e tn apply on subsequc~nt pat}~ments of the same nature, but if such suma ure inxufficient, the undersiqned u~ree to puy any dPfici~nry upon drmand. I[ the u?;deisiRned shall default under this mo~tKu~e, thc Mort~u~ee rrSay apply all or any p.u~t of suid fund~ tht•n held, on an~• obli~ations securnd hereby. The un- der~i~ned ssRree thut such instullments so p.~id mav be retuined :uid held by the ;?lurt~agee w•ithout interest and ahall not bc deemed to be tru,t funds and that tran~:fer of th~ le~t~l title of th~~ moiK~aged prem:ses shall automaticaUy transfer to the now owner the beneficial interest in the fund. 'I'he Ntortga~c~e may collect u"late charqe" not to exeeed two cents f~~r each dollur of cach payment (said puymrnt ineludes the a~;};ie~ate of taxe~, assessmenta, insurance premiums and puyments under the note) more thun tcii days in urrear~ to c+~~•rr tht> extrx expense im•olved in handling delinquent ps~yments. lli. It is spec•ifir:ill~• c~~;r~~e~i ?h:~t tin~t• i~ ~~f th~~ i•~~~~nc~• ~,f ihi: mnrt~ag~~ •~nd th<it no ~~•aiver of any obli~ation hi~t~~~undc~r ur ~~f the +~hli~aiti~~r~ ur~•i! h~~i~~b~- ~hall :it :n~~' tiin~~ ;h~~rc:~fter nc L•~J~1 tn be a~+'ai~'er of the terms heeeof i~r of the instrum~~nt serurrd h~•r~•b~•. 1?. 11u~t~;a~:ur fi_>rre. !h:~t in i•:i.t~ h~• ,hi,ul~t ~rli ur di.pusr nf thr niort~::~y;i~il prup~~rt}• prior tu ful? px>'ment c~f ihis m~i~t{;.i[~e, hi: de~~d nf c~,n~~i~t':uicr .hull c~~ntc~in u{~r„ci:iuii to ti~t~ ~ffect th:it th~~ ~~nrh.~~er a~sum~c this mort~;uge und u~rers t~ pu~~ the ~ndF~htodnr~s se•cur~d herf~b~•. und (.iili~rc~ tn ii2~E•rt ~aid pri~cisi~,r, in ~aid dc•ed 5hafl a~celerati~ this mort- ~;a~e and the indebtrdui~~~ sc•cu~~•d hercti}• shalt imn~c•di:it<•lr bt•~~~nie ~tue <~i!~+. p:~~'nhlE•, ~ind thi~ mc~rt{;xge shall thereupon be subJect tn furi~i~l~~~uri• :it ih~~ u~~ti~~n uf thc~ mnctgufiF•c. I\ ~V1'I'ti4~:SS \4'}{F,R~:UF, tne ~Iurt~;a~;~~r: h:~~~~~ ~~z~ cut~•d :he.:~~ ~,r,~.t nt; u~~d~~r ~eal the day and year abo~•e Written. 5igned, sealed and deli~~ered in the presence of : , / ~ -ti~ ~p~ ` '~.~~~L.~_...~.-~.~.'~-.._~~~~'~~f'~3r~~-~ ..~!.....~.t.Y~').r=4`~"r.`_,~'~~~~'(6,FAL) d ~ ~sie T. 0'Donnell ; , i ; ; . . . ~ ' ~ ` FtL~.p_.AND REC~l~E . - (SEa~ - - D. ; r I,y BOOK ~ - - ~,ICjB @CO ~4s~A~) ~ . - - - - - - ~ - . ' '~5 ~ S P j'2 I PM 3 : I . " ~ .,j tTj. f~~-.ri .~.~~jA~~`' ` ~i_~_.~:~.I~.,~3 • STATE ON~ Massachusetts ROGER PGIT~AS, CLERK ~ couhr~r or~ Norfolk T 't . ~ ' ' I HEREBY CERTIFY, that on this da~y~, lie~ ~ ~q ae~thorized in the Stste afor~*iA ..,a i~ the Conn~y Qresaid to take acknouledRments, ~i"-~~ `''`~'~E T. ~~~~~I'T'' AN u~trried i~i~QOM Personal y' apPearad - . . _ - - - ~ - ~ _ _ -----._.~~.r.-- to me 3snown to be the person described in and who executed the fore~{oin~ instrument ~nd_.____._. She_ acknowtedRed before me that _She executed the same. x.c~ 'R'T 6 ESS m~ hand and orTiciat seal in the Ccunty and State last aforesaid this.~.,~-.__ day of_~~u~ t____._.., f A. D. 19.-- ....r~. . . ~ - ~~t.u~• Puft1i~• _ ~ - - ~ tia,~ t.,,;~~;: C~~ G.. F~. TH-~M1~SON ~T.a~r~: oN~ ~•~.~~x~n:a ~p`(~ /j' hiC)TARY PUBLP~` ~ c<~i~:~~m~~ oF~ t~t~r:vaN~> ~ ~ : / ! • ~~n E,yi,es t, d, lR~ . - I AER~BY CEFiTIFY: thst on this das, before me, an officer duly authorized in ~he Sttte afores,t~id at?d:~i~;~hea '~~r,, ~ ~ Connty aforesaid to take acknou•ledAments, personally appFared....___._..._.._._._____..._________ ' ' ^ J'•. ' l , ° ~-r :-t. , - _ : Y ~~'.r~Y.'- .T,b J. ~ ` . ~ to me known to he the lserson clescnbed in and who executed the foreROinK in~trumer?t and.___.______.__: r ~ --x ~ ' ~ - ; o , ~ i R. c~ ~ c, ~ acknowledRed ~,+efore me that he....._ executed the ~ame. J ~ . ` ~ WITNESS my hand and official seal in the Countp and State last aforesaid this day of__::;_:.~~_ ~ • ~ A. D. 19--- . tiut.u ~ Yublic - - - . ~ lI}• coi~~mi~~i~,i! e~pire:: i STATE OF f~ LOItII)A COi?ti"CY OF' BRE~'ARU ' i, an officer authorized tc~ take ackr;u«ledqn;<:t;t~ ~~f decd~ accnrdinK :o the la~+~~ ~~f the State of Florida, dttly c~ualifled and actinR, HEP.EBY ('EKTIP'F that and respecti~ely as _Precident :it7d - _Seci~etan• ~,f to me per=on<<Il}• kno~~~n, this da~• cick~io~.~~le~dg~ d bef:~ie me tiiat thei• F•s~ cutrd tt~e f~~ri•fioinK m~~rt~age as s:acrt offiCers of said corporatinn, and !ha? th~~~: :tffis~•d thrret~ thr ~ffici.il ~c~~l nf ~.:ic1 ~:~rpr~rati~r~; .~nd I FL?RTHER CERTIFl' that I kno~e the ~aid per~!ms ~z~ukint; s,~i~.1 ;ick~z~~~~le~dfintents to t~e th~~ indi~:du<<!~ ciesriiberl in ar~d «•h~ executed the said mort- ~.iRe. I?~ 1E'ITtiF:SS ~YHEREOF'. I h~~rrimt~, ~t•t my httnd and ~~ff~~•i:i! ;enl iit th~~ ('~,t.int}- and 5txte, las; afr~resaid, this ~i•~~~ ,~C , . _ _ _ _ - - - \ut~~r~• Put~ii~ ~o~x 12~ ~.~5 . . - _ ~