HomeMy WebLinkAbout0344 Yo pbca and ao~H~ueusir kNp on tM 6uildings now o~ M.~af~r situ~te on s~id tand +nd on ~II eqviprn~m u+d p~rsenatty cownd by this mort~
~p~, with d) prwniwm NNnan p~id in fu11, fire ieaw~nc~ in tM uswl sn~dard policy form. 1n • tum apprawd by tM N10RTGAGEE. ~nd wi~dsrorm
Nrw~na fn the ~wai sranda.d policy fam, in •~um rpp.ov~d by tt+e MORTGAGEE, in wch comp+ny w rompa~?~~s a the MORIGAGEE nay
dir~cft +fid +11 Hre i~nd wind~twim huurarae po~icies on any of said bvildinps ~ny i~Nrrst thMeitl or pKt therrwf, in tM ~gy~rpat~ wm ifaasaid or
In Ntpa IMrwf, slNII ca+t~in tM uswl tt~nda?d mortgsQre cfause w such otl~ claut~ ~a rFy Mortq~ rrNy r~~~~, m~kirq tha loss under s~id poU-
ciW. a~d~ ~nd wKy, p~Yable 1o s~id N10RTGAGEE ~s its interest r~ay spp~ar, and aach and wery ~uch poticy ~h~ll be promptly us:qe~d sr+d dNivw~d ro
, any h.ld by uW MpRTGwGEE funl~u s.cwity ro u~d Mortp+y. d.bt, and, not I~as tMn Nn (10) day: in edv~nn of tM expiration of e~ch polity, to dr
~ to ~aid MORTGAGEE • n~lwal fh~?wf. top~rhK with • r~ceipt for tM prrmium of wch rsnt~wal; ~nd rher~ ihall ba no firr or windsrorm iruuranc~
pIK~ pn any of ~1d b~ildinps, any iMlrpt th~r~in or part ther~of, unle~a in th~ form and with the lass p~yabl~ as efor~aaid; and in the av~nt ~ny ~um
pf rrae?~r b~t~enNS p~yabN unda wth pofiry w polici„ ~aid MORiGAGEE shall iNw tM option to reteive and apply the same or+ account of the i~debted-
nN~ Ncyr~ h~r~by o. ro p~.mit sa~d MORTGAGORS ro raceive and v~~ H or any part iheroof for other purposes, without thereby waivi~ig o~ ~mpair-
M~p any qvity, IiM~ w r'pht utda or by virtw of this mortyapej ~++d in tM ~vent Nid MORTGAGORS shall for sny reason feil to keep rhe ssid pr~mise~ ~o
bNw~d, or fa{I 1o d~liwr promptly N~y of faid polici~s of i~sur~nt~ fo tsid MGRTGAGEE, a fail promptly ta pay fully any premium t!'Krefor or in any
?Mp~Ct fail W pY~form, d'acMrq~, ~[~tvt~, ~ffM, compl~te, oomply wirh ud abid~ by ihi~ cow~+ant, cx ~ny part Mrwf, said MORTGAGEE may place and
p~y fa wd~ inwr~nc~ or ~ny part thanof without waivirp w~ffsctinp a~y optia~, li~n, equity, ot riyht undsr or by virtw of this Mortyay~, snd tl?~
fuH amamt of each aod ~wry wth payrnsnt sh+ll be imrn~diately dw u+d payabl~ and shall btar intsr~at from tM dat~ thereof until paid at tha rat~ ot
nin~ pK eN,tum pN annum ~nd toyether with wch i~reresr shcll be ~ecurod by tM lisn of this mortpaye.
1. To p~rmlt, aommit or wfftr no wsstt. impairrrK~t w deteriontion of said propsrty or any paN therwf.
S. To pay +11 md sir?pulu 1M cott~, cha?pp and expenset, includ'+n9 a reasortable attorney's fe~ and cosri of ebstratri of title, incvrrsd or paid s1
~ny tirm? by wid M4RTGAGEE, b~uuu a in ths ev~nt of tha failure on the p~rt of the said MORTGAGOR to duly, pramptly ind fully perfexm, d~xharys,
~x~cut~, effKt, Comp1~N, comply with and ~bide by sach and avery the stipulatioru, ayreem~nta, co~ditions, •nd cownents nf seid promissory note ~~d thi•
nwrtyaq~ ~nr w~itMr, and Hid cosh, chary~s and expenses, e~ch and evxy, sMll be immediata;y d~e and paysble; whetMr or not there be rotice da
~nd, •mmpt ro collett or wit p~~dinq; sr~d th~ full smount of cach and every s~xh payment shall bear int~rosl from the date thereof until paid at the
r~» of nlrwr par ctntvm per amwm; and alt said casts, charges and sxpenua inc~rred w paid, together with ~uch inrorest, shall bt stcured by the litn of thi~
maqp~•
6. TMt (a) ir? tM ewm of ~ny bnach of this Mortqaye or default on thr part of the MORTGAGOR. w(b) in tlw event a~y of said sums of money
hK~ln ~~f~rr~d to bs not promptly snd fully paid within thirty {30) days next after the same :everalfy become dua and psyabla, without d~msnd nr noti:e,
a(tj In tM tvtnt ~ath ~nd swry the ttipulations, agreementa, conditioni end covenints of said promissory nate and this mortgeqe sny or either are not
~uly, promptly ~nd fully psrfwmed, dixharged, exauted, offectied, completed, complied with end abided by, tMn in eith~r or any such ~veM the said ap~
prsp~t~ wm m~ntioned in seid promiuory note then remaininy unpaid, with interest accrued, and alI moneys ~ecured hereEy, ihalf become dut and pay
abl~ forthwlth, w tFIQfNfTff~ ~t tM option of said MORTGAGEF, as fully and tompletely as if all of the said sum~ of money wera wiqin~lly atipulsted
fe bu p~id o~ wth day, a~ythin9 ln safd promiuory note ar in thi~ Mart9aqe to the contrary nolwit}utandiny; and thereupon or thereaher et tha op+ion of
aid MORTGAGEE, without notic~ or demand, ~uit st lavr or in equity, thcrefore or thereafter be9vn, may be prosecuted ~s if •II moneys sacur~d hereby
Md rtwtured priw to in institution.
f. TMf in the event that at the beginninq of or ~t any time pending any suit upon this Mortga9e, or to foretlok it, or to reform it, or to enforc~
paym~nt of sny tlsims herevnder, t~id MORTGACrEE shalt apply to the Couri having jurisdlcfion thereof for th~ appointmeni of a Receivar, such Caurt shall
Forihwkh appoint a rxeiv~r of sai~ mortpay~~d property a!I and sinyuler, i~cluding all snd singular the income, profits, issuet and revenues from whatsver
_ wurc~ deriwd, esch and avary o# whith, if bainq expreuly understood, is hereby mortgaged as ;f s~ec;fically set forth and de~cribed in the p~antiny and
hab~ndum clav~ Fxreof, and wch Raceiv~r shall heve all the broad a~d effective funct~ons and powers in anywise entrusted by a Court fy a Receive~, and
iuch appointment ~hsll be made by suth Court as an rdmitted equity and a matter of ebsotute right to taid MORTGAGEE, end wirhout referencf to the
adpuscy or inadpuacy o4 the v~lue of tfie property mo?tgaged or to the soivancy or inso!venty of said MORIGAGOR ot the defendants, snd that such
nntt, profiti, income, iuurs and ravenues shal4 be apalisd !ay suth Steceiver according to the lien or equity of iaid MORTGAGEE and the practic~ of ~uch .
Court.
B. To d~ly, promptly and fully perform, di:charye, exec~te, effeN, camplete, camply with er.d abide by each and every the stipulation~, agreaments,
conditiont and covenants in seid promissory note and th+~ mortgage set fwth.
9. That (n the event the ownership of the mortgaqrd premises, or any pan tfiereof, becomea vested in a perwn other than the M~RTGAGOR, the
• MOR?GAGEE, its t~cceisoea end assigni, may, without notice to the MORTGAOR, deal with ~uch succsstor or wcus~or in interest with refer~nce to thi•
mwtpaqe and the debl hereby secured in the same manner ss with Mortgagor without in any way vitiatiny or discharging the Mortyagora' liability herr
under or ~pon the debt hereby setured. No safe of the premises hereby mortgaged and no forbearante on the part of the MCRTGAGEE or iti successors
w auignt and no extension of the time fw the payment of the debt hereby secured given by the MORiGAGEE or i~s tuccesson or astigns, shall operete
to nleasa, diuh~rpe, modify chenge or effect the arig~nal liab~lity of the MORTGAGOR herei~, either in whole or in part.
10. It is specificelly agreed that time is nf the essence of this contract and that no waiver of eny obligetion hereunder or of the oblifletion se-
Nnfd hereby thall at sny time thereafter be held to be a waiver of the termt hereof or of the instrument secured herby.
11. In addition to the forego:ng monthty payments of pri~c'pal and interest required by the promis~ory note secured hereby, morfgagor tovenant~
and a9rse~ to pay to mortgagee with each monthly payment art addirional sum estimatec+ by mortgagee to be equa! to 1/12 of the annua! coat of the follow-
iny:
A-All real property taxea levied or assessed against the above described real estate.
B-Premiurtu on fire and windstorm insurance as here~n requ~red to be carried on the improvements situate on the ab-:ve described premi~es.
C-Premiuma on such mortgage gue~anty insuronce as mortgagee shall from time to time deem fit to cerry on 1he ~.ran secured hereby.
Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable here~^der and su=h sum shall thereupon bt due and
payab~e on the due data of the nezf monthly payment and each successiva month thereaftcr ur,til martgagee :hall n~tify mortgngor of a change in such
amaunt. 5uch sums shall be epplied by mortgagee toward the payment of real property taxes, in:urence prem~ums, a~7d mortgage guaranty inaurance
premiums.
IN WiTNESS WHEREOF, the seid MORTGAGOR has hereunto aet his hand and saal the day and yea firat aforesaid.
~ Si , alsd ~red~delivered i`L ~es~+ce of: • e~'
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(Seal)
STATE OF FIORIDA
SS.
couNrr oF $aiii~ _ I,u~i e - - _
Befwe me penonally appeered D021~ Ci~ Hebert ond
Marcrueri te Hebert his wife, to me well known ard known to ma to be
the indiv{dv~ls desaibed in and who sxxvted the foreyoiny instrument, xxJ acknawledged before me that they executed the same for the purposes
rharein txpressed. And the sai~ rfarAueri te P~ Hebe _r_t
wifa of ths uid Danald r.+• H$b92'~'i - i~pon e separate snd priwt~
examination by me taken ~eparate and apart from her said husb d, acknowledged to and before me that she executed said instrument freely and valu,r
terily and withwt sny compulsion, comtrsint, epprehenaion, ~at of or from her wi husband.
WITNESS my hsnd and osfic~al ~eal thix - day of ~eptember A~ 19 6~
~ ~ ~fP~l~+t/ L-'7G. . ~y, F _
• Notary Pubiit in and for ihe State of Fbride at Lsrpb...,.r ~
, My Commiuion expires~otary Public, State af~lqc ~,~_t%~arge
Rrtvrn 70: My Comm~ss~on Ex r P ~J 5
first Fede?sl Sevings i Loan Aasocietian BOnded by Ameritaq,~111'~'~~.'~~F%.
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