HomeMy WebLinkAbout0326 And t~id Mwtyaqor~, fa tMms~lwi ~nd tMir Min, Ipal rapr~sentativa. ~uca~wn ~rd aa~ipn~. F~~by joi~riy snd wwr~py cov~e?a~t ae+d p~M
to ~nd with N+t u~d MOR]'G,tGFE, iq ~utc~aora and ~awpns:
1. 7o pay ~fl ~nd sinpular M» principal ~nd int~rest ahd tM wriow ~nd tundry sw~u of mon~Y p~Y~bl~ by virtw ot f~id promis~ory rwt~, ~nd thy
morty~. rath ~nd ~wry, promptly on th~ day~ rtsp~ctiv~ly tM ~am~ ~wr~lly bMCOrM dw.
• 2. To pay dl ~~+d ~iny~ulw N+~ f~xM, ass+suTMe~b. Mvi~s. I~abiliti~s, obi~patioru ~r+d ~ncw+~bn+rcsa of ewry n~tvn ~nd kind rw~w bn ~a;d dhcrib~d
P~aWrtY, a that Mr~atf~r msy b~ imp~d, suffM~d, p~~d. Iwi~d. cr ~w~wd tMr~on. a that Mn~fhr may b~ Iwi~d a n~Mwd uoo~ fAN Mortp~
~p~, w 1M ind~bf~drnra s*cvr~d Mr~by, Ncl? ~nd ~vNy. wMn s!w ~++d pay~lslo. actwdinp M Irw~ b~ior~ tMy b~to~ry drifnqwnt, and 6rfo~ u?y MfK«t
att~thq a•ny p~n~ity ia incuned; 11N0 INSpfAR AS ANY THEREOF IS OF RECORD TME SAME SHAII 6E YROMPTIY SATISFIEO AND DISCMARGED AF
RECORD AND THE OiNGtNAI OFFICIAL DOCUMENT (SUGH A5, FOR Il+15TANCE. THE TAX RECEIPT OR THE 5A'fISFACTION PAPER OFFICiAIIY ENOORSEO
OR LERTIFIED) SMALI SE PIACED IN TH: HANDS Of SAID MORTGAGEE WITHIN TEN OAYS NEICT /lF7ER PAYMENT, ~nd in tM ~wnt t!?~t ~n~ thN~of it not
p~id, ~at~~fiid ind dixh~rq+ed ra:d MbRTGAGEE may ~t any t~m~ pay th~ tarr+~ a any p~n thwwf without waiving ur ~ff~ctinp ~ny option, li~n, puity or
~iqht undtr or by virtve of this mo.tqaqs ~nd th~ full amount of each ae~d evsry iuch paym~nt thdl immiedi~t~ly dw ~nd payabl~ ~ex! ~halt bear intKrst
" ~~om tM date theret~t until p~id at nt~ of ~ipht per esntum per annum and topNh~r wifl~ ~uch int~r~st shall b~ secut~d by tM li~n of 1h:~ mpptp~.
ro vl~o+ «+d aomtnuowfy k«p on the bu~kltnp~ ?aw w h~r.~ft~r dn,~» on ~aid t~nd rnd on .11 p~tpm~t .nd p«+oe~tly cownd by th{~ n+orR
p~„ wM~ ~li pr~iwrn tlw+~oe~ prid in full, Ar~ Mw?ar~ in th~ wwl n+rndird polky iwm. M s sum ~pprov+d by tM AAWtTGAGEE, w+d wW+d~twm
Nw~ranw in 1M uwal stand+.d Pelicy forn4 In .~w+ti ~pp~ov~d br H+s JMORiGAGfE, in wch compsny a~mp~M~ « th~ AA4RTGAGEE mar
dinttt snd ~II fin ~nd windttwm irnwa~no~ polkNs on any of uid butldinps, ~ny Mt~r~st t?w~~M a p~rs tMr~of. N+ tM pprp~q ~wn ~Iw~wid or
in ~orM tMrwf. ~11 conr~in fh~ wual a~ndard morrpp» cl«n~ w such orh.r dwM a tM Mlorry.q~ m~Y nquin, nwklnp th~ lou und~ ~aid pnl{~
d~, wch ~rrd'rwry. WY.bI~ a Hld 1MORTGAGEE u iri iwt+pwt m~y app~rar, ~nd ~ach atd tvHy tucfi poiky stwll b~ promprly +u~.qned a~d d~livK~d ro
any INId by wid MORTGAGEE a~ furtMr wcurity to iaid monyp~ drbt. ~nd, not i~q tlw~ t~n p0) days {n idwnc~ oi tM ~xpintia+ of Mch poiky, ro dr
liwr fo s~id MQ1tTGAGEE •?~new~t M~erwf, top~fhK with ~ nt~tpt f~or thir pr~mium of suth nn~wa); and tMro s1u11 b~ no fir~ or windstam irnw~nc~
pbc~d on ~ny of wl"d bultdinpa, uiy {nt~nst ~INr~in or p~rt th~reof. ~nins in th~ form ~nd with tM lou p~y~bl~ a~for~~aid; ~nd in tM ~wnt ~ny wm
oF mo+wy b~car~ p~y~bi~ ~r~r wch po~ky w policiw ~aid NIC~RTGAGEE sl+all Mw tM option ta roe~iw and epply M+~ Nrrw on account of ?h~ indeb»d.
n~w ~+r~d INr~by w f0 pKmit ~aid MdRTGAGORS t0 rK~iva ~nd vN N w any p~rt thersof for orh~r purpos+es, without Thrr~by w~ivin~p ot imp~ir-
M+p aeqr puity, li~? or riqht w~d~r or by virtw of Mia mwropr, ~nd i~ tM ~wnt uid MORTGAGORS ~hali fw ~ny roawr~ f~il lo kNp tM ~aid pr~misn w
krw~d, or fNl b d~liwr promptly any of yaid policia af lnwru~ee fo s~id N?pRTGAGEE, w fail promptly ro p~y fully ~ny p?~mium th~nfor w in any
rw~~tt f~il b p~forne, diseh~?p~. ~x~tu». ~ff~ef, eompl~f~, eomply witfi and abid~ 4y fhis eownant, or ~ny part Mreof, uid MORTGAGEE m~y plae~ and
WY fa K+d? i++~xanN or My part thrr~af withcwt w~ivinq ar eff~crinp ~ny option, N~n, ~qu7ty, or right undor w by vinw of thif Mortpaqa, u+d tM
full ~moum of e~ch ~d ir~ry wch paym~nt sMll br immee~i~taly dw ~nd pay~ble u+d ~Mlt b~ar intereit from tM d~t~ tMr~of until p~id at tM rit~ of
nirr p~r qntum pp ~nnum ~nd topethtr with svch interat th~ll b~ secur~d by tM li~n of this mortyp~.
1. To ~?mit, oormmit or suffsr no wasN, tmpairment or d~t~rio~ation of sifd prpp~rty or ~ny p~rf tMrwf.
S. To psy ~It ~nd sinpulw tM cosft. diarq~s and ~xp~ns~t, includinp a r~onabl~ ~»wrNy'i fs~ ind cotn of ~b~n~ of titi~, ir+c~?r~d or paid at
~ny tirr» by taid MpRTGAGEE, b~csu~r w tn tF» svsnt of th~ f~ilun on thf ~rt of tM aid MORTGAGOR ro duly, promptly ~nd fully p~rfwm, diaMrp~,
~x~tvh. eff~ct, wrnplrh, oomply with and ab'~ by ~ath ~nd w~ry tM ~ttpv(etiorq, aqnem~nh, tonditiom, and cownantt of taid promiawry ?wt~ ~nd thb
matpp~ ~ny or ~ItFw, and ~aid eosts, eh~r~~s ~nd ~xprnsN, raeh ~nd ~wry, sh~ll b~ Imm~di~t~ly dw ~nd piy~bl~; wMtMr or not tiwro b~ »otiet dr
mand, ett~mpt to collKt w~yit ,p~~diny; snd tha ful) ~mount of ~~ch ~nd w~ry wch p~ym~nt ~h~ll b~ar i~tenst from tF+~ dit~ thrreof ~ntii p~id ~t tM
s~h of niM per rantum per anrtum; a~d al! ~eid co~ts, charqei and s~cpen~ei incvrr~d or p~id, topetMr with ivch int~rt~t, shall b~ wc~red 'by ih~ litn of tfib
~9~•
6. 'Yh~t (a) in tM ~vsnt of sny breach af thi~ Mat~ape or dafault an tM part of ths MORTGAGOlt, w(b) in tM ~wnt ~ny of uid wmt of money
I~~in nfsrnd to b~ not promptly and fully pi~d within ?hirty (30) d~ys nsxt aftsr ths ~ms sevsr~lly b~come dw snd p~ysbl~, without dtmand w notic~,
or (ra In Na ewnt ~ath u~d fwry tt~ ttipuiatioru. ~qnam~n», conditior~ and cov~runb of s~id promiuory noq e~d thit mortqaq~ my or •it!»r sre nol
~uiy, promptly ~nd fufly p~rfwm~d, di~charg~d, exacutd, ~ff~cted, tompt~ted, compti~d with ~nd abided by, tlxn in tithH or ~ny suth ~v~nt tF» isid p~
pr~qaf+ wm m~ntiwwd fn uid promiswry nott tF?th tamaininp unp~id, with fnf~rat ~ccrwd, ~nd all moewy~ ~ecur~d h~r~by. ~haU b~cnme dw ~nd p~y
•ble forthwlth, a tl~r~aft~r, ~t tM option of ~aid MORTGAGEE, u fully ~ed tompl~tety u if dl of tM said iums of nwn~y w~n aiqina~ty stipuJ~tfd
ro b~ pdd on wch daY. Myr1~i,+Q in ss;d prom3au?y not~ or 3n xht~ Mortya9e to tM contraly nonatthstandir~p; u~d rherwpon or thN~~ftK at rhe cption of
said MORTGAGEE. wit?xwt notip or d~mand, wit ~t I~w or i~ puity, ther~fon cx th~r~~ft~r bpun. may b~ proaacuf~d u if dl montyr~ Ntur~d hn~by
hed m~tutrd prid ro ib frotitutf~.
7. TMt in fik ewnt fMt ~t ttM brqinnirp of or at any tJmo psndinp any su3t upon ihi~ /Nortpp~, w to for~clos~ it, or to r~form It, or to snforp
paym~nt of ~ny claims Mrwnd~r, s~id MORTGAGEE shall apply to tM Covrt havlrg ~urisdittion ther~of for tM appointmtnt of • Receiv~r, ~uch Court s1?~11
iorthwFth appoinf •?Ktiv~r of wit! morfpped prppMy ~It ~r?d tinqvtae, irstiudinfl alt and sinqvl~r th~ inoomt, profit~, issuu ~nd r~v~nues from w!ul~v~r
wunts d+rlwd, ~ch ~nd wery of which, if txinq txpreuly und~rstood, is Mrsby nwrt9aped rs if tpeGfiully Ht forth ar+d datribed in th~ pr~ntinp ~nd
h+ber~durn cl~~ herwf, usd iuch Receiver thall Mw all ths broed ~nd aff~ctiw tvnctiorn ~nd pow~n tn anywiH ~nfru~ftd by ~ Ccwrt ro ~ R~uh~rr, ~r,d
wch appointm~nt shall b~ m~de by such Covrt ~a ~n ~dmitted squity •nd ~ e~utt~u of absol~t~ rigt+t to ~aid MdRTGAGEE, ~nd without nf~ttnp ro tM
ad~qu~cy w Inadpw~y of tM v~lue of tM properry mortyag~d or to the wM~nry or inwlv:ncy of said MORTGAGOR « tM defendants, ~nd th~t avch
r~rrt~, profiAt, inoorr~, issva ~nd nvrnws ~H bo spplied by such Recriv~r oaordiny to the litn or ~qvity oi s~id MORiGAGEE end th~ pr~ctia of wch
Court.
S. To dvly, promptly end fuliy perfwm, diuharqe, axecut~, effect, comp~ete, cwnply with ~nd ~bid~ by each ~nd w~ry tM ttipulatioru, p?wm~nte,
oonditioro a+d cova~ahts in ia+d promiswry nof~ and thi,~ mortq~p~ s~t forth.
V. That in tM weret thr ownanhip of th~ mortqsysd pr~m~, or any paH 11~erwf, becomsi vtst~d in • p+rwn other th~n thr MORTGAGOR, th~
MORTGAGEE, Nf wccesson and ~uiqns, may, witFavt notiu to tM MORTGAOR, d~al with tuch tucceswr or tucce~~or In intsresf with rtfer~nc~ to thia
mortp+q~ and the debt F~~by wcur~d in the urrN mann~r p with Mwtpaqa witfiovt i~ •ny way vitiatinQ or'diKiury~np tiw Morty~qon` Gabllety !»ra-
~r~r w upon th~ d~bt h~r~by secur~d. No sal~ of tht prsmises Fwrr~by moRpa4ed ans~ no (orbeerance on thM part of th~ MORTGAGEE a it~ wctnsoet
w+n~iqns and na ~xt~nsiun o# th~ tim~ fw tha p~yrnent of the dsbt her~by wcurrd qiwn by tFw MORiGAGEE or ib wccessas or usiqru, ah~ll op~rat~
b erlwe, di~el~. modifr ehare~ or ~fiset th~ oriQ;n~! liabilitr of tM MOR7GAGOR F~nin, ~ItMr in whol~ or In pan. ,
10. lt b sp~c;ikslly ~pn~d #~t tirm b of th~ ~sur~u of thn conmct •nd tlut no waiv~r of any obligat~o~ h~reund~r tx af tM oblig~tion s~•
~ut~d h~nby ~hell at ~ny tim~ thtrsifter b~ h~ld to b~ a wsiver of ifie t~rrtu h~e~of or of the instrvment aecured h~rby. •
11. In ~ddition to tM farpoing monthly paymenh of princ p~l ~nd interest required "oy the promtaory rrots tecured henby, ~mo?typpr covrn~nps
•nd agrNS to pay to mort4aqe~ w;sh sach rtwnthly ~»yrr~nt ~n addition~l sum ntimsted by morrg;,gee to be equal tp ! f 12_of.ths innwl ta~t of fbt fotbw-
- .
A-AB real praprrsy texes lavi~d or euessed ayainse t}w abnv~ deuribed nel est~ta.
6---Prtmiums on fi~~ sr~d windstwm insunnc~ ixrsin requirsd to bf urrifd on tht improvemsnt: sit~ats on fhe abovs~dpc?lb~d prsmiaei.
C-frami~rns we such mort~ap~ yuannty intunnc~ ~s monpa~M tMll from tirrK to time deem fit to urry on thr. bi~i •~cursd MrMby.
MortqpN shall from f~rt» to tima natify mwtqaqor ;n writinp of the amount due ~nd payabl~ hereundw ~nd sueh suiri .s1~aU_ th~r~erpai~ br dur s~d
WY~bI~ on iM dw date of the nexf monthlY paYmsnt and ~ach succs~aiv~ manth there~fter untif mortysqre sMll nWify ioortpsqor'bf a ehanp~ 1n tucfi
~mourtt, Such svms shall b~ appli~d by moHyaqee toward iM paym~~ of rwl property t~xts, trour~nte pr~miums, nxt raortpfp~ pwr~nty inwr~nct
prpniwn~. . .
IN WITNESS WHEkEOf, tM aid MOt(TGAGOR hq ~lil~~±~ ~ C rd~ ~nd
~ y yt+r first aforew'
I~d and d~llwr pr~r~ nf: ~~r. . 1` LJ l
BOOK
, e~-cc~.t-~ n
65 SEP 2 y PM y -..?~-n
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j STATE OF FWRlDA R~G~R P~IITF{NS. CL~RK '
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cour+rrof ~t.__Lucie S LUClE CpUN7Y.
e.~.. m. ~.~.~+r _~~t]~n L~ B~il~v ~
Loia S. $ai1~~ ha wff~, ~o m. w.~~ k~,~,~ .~a r~ n,.,~
~~~ib~d in ared who ~x~evr~d tM for imnurerM, ~nd ~dcnowl~ciped bsfa~ erN thst tMy ~xatvt~d tMk ~arn~ for ttw W+ri~os«
~~a~sv a~ ~~a S . Bai lef
~•~-;~:..~d''•= Wi1Zi~ L. Bailep , ~v«+ ~ +~a w+,,.~
w4~".~r~OR bY aN tsk~w s~rst~ ~nd ~p~n hom Fv faid I~wband, ~dv~vMrl~~d ro~nd b~fa~ m~ tMt sM ~x~cvt~d aid Instrum~nt i?Kly ~nd volurn
~~rily ~ii Jr~lorif'~ny'.wl?~+bton. eorntrafnT. ~ppr~FlMUiorf, a~ 1s~r of w from hN Nid htaband.
;:v+?m'~.'v~r t+wid .n~ drkid ~tu. 24th d.r a t9~L2~,
. - \ :
_ . r- Nat~ry Pvbik In tM S~~N of Flaidr rt t~rp~
, p.'S''''~tyrr~ To: M?r Comenf~sfon
th~se~is~~~rw~'~si~i~np~ t Lea„ ~.swciaKen iiotary PJ~fic, St~,,. Cf Ftor.'~'~ ~t ;i.-~
d St. t~rei+ Cwnty 1~Y Cc+mr,tissic~ C+~~;~> r`:; ~l
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Ft. Pi~ru, Florid. -'f, ; . . . .
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