HomeMy WebLinkAbout0346 To pl~e~ ~nd oorNi~wo~nly kep on the buildir+ys rrow w h~r~afi~r sitwh on said lantl and o~ ~1~ ~qvipmvM and penonally cov~ed by Mts nw?1~
a~, wNh NI prqniuma /Mr~on p~id {n full, fire k+sw~nu in the uwal uandsrd policy fwm, ih a sum ~pprowd by tFw MORTGAGEE. Md wi~torm
lnswsna M tM wwl Nrnd~rd poli~y fwm. 1n a wm approv~d by tM M4RYGAGEE, in wch company w eanpa~iN u tM N~ORTGAGEE may
dinitJ +nd all fi?~ ind winduo~m imw~ policie~ on my nf seid bvild~np~, any im~ertst tM+tin w p~rt tMrw(, iv~ tM aqqrsga~ wn~ afatsald a
1~ ~xe~ Ih~rwf, sMil cont~i~ tM utwl star~dard mortyaqee cla~sa w iuch other <Iwtt as tM Mwtqsq+e maY nquin. ~nakiriy tM loat under aid po1M
da, yth ~d ~wry, p~Y~ble M s~id MORTGAGEE u its intere~t may app~ar, and ~ath and avery iuch polky ~h~11 b~ prompNy a~•.gned .nd deliw?ed ro
.~ny M{d bp s~ld lNO~tTGAGEE q fwthN ~riPy to ~aid mortya~ dsbt, and. not t~u than m? (10) day~ in advanc~ of tM ~xpir~tion af each policy, ro dr
IIJr? to wid MORTGAGEE • t~wswal thinof, ropttMr with a raC~ipt fo? the pnmium of suth r~newal; and tMr~ thail be ~o fin o~ winds+orm iMUranc~
pl~qd on ~ny o! airJ buiidinpa, My It11MNt tM~1i~ Or part theraof, unlesa in tM form and wiih tF+~ lou p~y~bl~ as afwesaid; and in the •v~M sny ~um
ef mon~y bKOma p~ay+b~e undM sutfi palicy a polici~a said MORTGAGEE shall hava tM option to receiva and spply tM same on eccount of tM indebted-
nea~ wcw~d hN~by d b pKmif ~aid MORTGAGORS to receive and uw it a eny part thereot for other purposes, without the~e6y waivi~~g w impair-
fnp sny puity, IiM or riqht undr~ or by vtrtw of thii mortp+qf; and in tM •vent uid MORTGAGORS ahsll fw aey reason fail to kaep the sa~d pr~miu~ ao
k~wnd, or fdl b dtliwr promptly any of isid policiea of inwrantt ro ssid MORTGAfiEE, or fail prompNy to p~y fvlly any premium thKefor w in any
ntp~cf fail b pKform, discFwy~, ~x~cv», ~ffsct, compl~tt, complp with and abidt by this cownant, a any psrt Mrwf, said MORTGAGEE may place and
pay fa' wch ir~wranu a any puf th~reof without w~ivinq or affettiny ~ny optwn, li~n, ~quiry, w ripht Vndsr w by virtua of this Mortppe, and tha
full ~mow~t of ~ad~ and w~ry wch psym~nt tMll be immedi+t~lY dw ~nd ~Y+41i ~nd ~h+It be+r lntartst from th~ d~t~ theraof u~ti! paid st tl+~ rate o}
nir» per wntum pa ++~num xd toyathsr with wch i~tereat shall be secured by'1FNi li~n of tbis morrp~qe.
d. To p~rmit, oommit w wff~r no w~tt~, {mpairmant w deteriontia~ of iaid prop~rty or any p~rt therwf.
S. To p~y all and rlegul~ tM tottt, d~ar~~s ~nd e:ptnses, induding e reaaonsb~e attorney's fee and costs of sbttracts of tltlo, inc~rcsd or paid at
~ny tlm~ by sa~d ARORTGAGEE, b~tauts or in thir ev~nt of the failurs an the p+rt of tlve said MORTGAGOR ro duly, promptty and fvlly perform, diuhar9~.
~~e~c~M, ~ffect, campl~t~, comply with snd abide by ~sch ~nd every the ?tipulatio~a, agreements, conditions, and cavenants of seid promisaory nota snd thii
mortpaqe any w ~itMr, and s+id cosM, charye~ and e~pK+ses, each and ~vary, shall be immediately due and paysble; whether or not there be notice de~
mrnd, atMmpt to tollact w euif p~ndi~y; a~d tM fu~l amount of aith and wery such payment shall bear int~rest from ihe dato thereof until paid at the
r~f~ of nlrN per tentum per annum; and ~II wid cvrri, char~es snd e:penses incurrfd w paid, togethar with suth inri~+at, ~MII b~ sraured by tM lian of thit
•
6. Th~t (a) in the ~vtnt of any br~ath of thi~ Mwtpayf or default on ths part of the MORTGAGOR, or (b) in the ~vent ~ny of u~d sums of money
hK~in r~fKnd to bs not prompNy and fully paid within thirty (30) days next aiter the same severally become due ond payable, without demand or notite,
or M ths ~wnt sach and every ihe stip~lations, sgreements, conditions and covenant~ of ssid promissory note and eh~Y mortpaqe any or eithar are no1
~uty, promptly ~nd f~lly performad, disthsrqed, ezecuted, effected, complerad, Complied with and ebided by, then in either a+ny such av~nt th~ said
pr~gat~ wm m*ntioned in said promiuory nots then remainin~ unpaid, with interost aarued, and all mo~eys setur~d. hereby, ~hall become dua and pay
~6b forthwith, a tMreaft~r, at ths option of ~aid MORTGAGEE, sa fully and tompletely a• if all of tfie uid sums of money were oriyinally ttipulatcd
to br paid o~ suth day, anytfiing in said promie:ory note or in this Mortgage to the e~ontrory notwithstandinq; snd thereupon or thereafter at the option of
qid MORTGAGEE, without notice w demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted as if all moneys fetund heraby
had matured prior to in institt~tion. .
7. That i~ the evsnt that ~f thtr b~ginning of w N any time pending sny suit upon this Mortgage, or to for~tlott it, or to reforrn ft, or to enforte
payment of any dsims hereundsr, said MORTGAGEE shall apply to fhe Court having jurisd~ction thereof #or the appoinlment of a Receiver, iuch Court sh~ll
forthwhh rppoi~f a receiver of sai~ mortpsyed properfr all and singular, includ~ng aIl and singular the income, profits, iuues and revenues from whate~~r
wuru derived, aath and every o whith, it being expreasly understood,-ia hereby mortgaged a• if specifically xt forth ~~d deatribed in the pranting and
habendum clsuses hereof, and such Recefvar shall have sll the broad and effettive functions and powera in anywi:e erstruated by s Court tp a Receivsr, •nd
wch appointment shall be msde by such Co~rt as an admitted equity and a m+tter of sbsolute right to said MOR7GAGEE, and withouf ref~renc~ to the
~d~quaty or in~d~q~aty of the value of the property mortgaged or to the solrency or insolvency of said MORiGAGOR or the defendanq, and that such
nnts, profih, income, issues and revenues shall be epali~d by such Rrceiver accordiny t~ the lien or equity of safd MORTGAGEE s~d the practics of such
Court.
8. To duly, promptly and fully p~rform, discharye, execvtc, effect, complete, comply with end abide by each and every the ttipufationa, sgreeme~t~,
tonditions ~nd tovenants in said promissory note and thit mortgage :et fortfi.
'9. That In titie event the ownership of the mortgaged premises, or any part thereoi, becomes vested in a perwn other than ihe MORTGAGOR, the
MdRTGAGEE, i» wcceuon and assigns, mey, without n~otice to the MORTGAOR, de+~l with suth successor or wcces~ar in interest with reference ro this
mor4qa~e and the debt Fxreby sec~red in the same manner as with Mortgagor without in any way vitiatin9 or diuha~ging the Mortgagors' liability here~
under o~ upon the debt hereby setured. No sa~e of the premises hereby mortgaged end no forbearance on the part of the MORTGAGEE or ih succes3ors
or essiyni and no extension of the time for the peyment of the debt hereby secured given by the MORTGAGEE or itt ~uccessor• or assigns, shall operot~
ro rslee~a, diuharge, modify change ar affect the oriyinal liabi;ity of tho MORTGAGOR hera~n, either in whole or in part.
10. It la ipecificaliy agreed that time if of the eysence of this contrott end that no waiver of any obligatiora hereunder or of tho obliq~tion se-
cursd hereby sh~ll at ~~y time thereafter be held to be a waiver of the term~ hereof or of the instrument sec~red herby.
11. In additio~ to the f~rego;ng monthly payments of princ'pal end interest required by the promisaory note secured hereby, mortqa~or covenants
and ~grees to pay to mortgagee with each monthly payment an addirional sum estimated by mortgagee to be equal to 1/12 of the annuat cost of the follow-
iny:
A-All real property taxes levied or aasessed against the above described real estate.
B-Premiums on fire and windetorm insurance as herein requ~red to be ce~ried on the improvements situate on the abova described premi~es.
C-Premiums on such mortgage guarartty insura~ce as mortgagee thall from time to time deem fit to carry on the loan secured hereby.
Mortgagee shall from time io time notify mertgagor in writing of the amount due and payable hereunder and sucF sum shall thereupon be due ar,d
payabla on the due date of the next monthly payment and each succeasive month thereafter ur,til mortgagee tha11 notify mortgagor of a change in such
amount. 5uth tums thall be applied by mortgagee toward the payment of rerl propersy taxea, insurance prem;ums, nnd mortgagQ guaraniy insurance
premiuma.
IN WITNE55 WHEREOF, the said MORTGAGOit haa hereunto set h+a hand and seal tha day and •r f' or
, aled •n liv in presencs of: ,
~ Seef)
~ / Se~l)
~ S~al)
- - - - H~ttie . Brawn c~,,~
STAYE OF FLORIDA ~
Saint Luc3.e
couNrr oF _
Before me penonelly appeared ~ D B7'QI~YI and
~8tt~6 L. BZ'OWLl his wife, to me well knavvn a~d known to me !o be
the individwis desc~iMd in ~nd who ~xecuted ihe foreQoiny instr~ment, end acknowledged before me that they executed the same for the purpasrs
tharein expres~ed. And the said H8 't t'i ~ 8 I+ . B I'O W11
wife of ths ~aid D. BrO~C! upon a separate and privat~
examination by me fake~ ~eparate and apart frem her seid husband, acknowledged to end before me that she exec~ted aaid instrument freely and vol~n-
tarily ~nd without any canpulsion, constreint, apprehernsion, fear of ot from her uid husband.
WITNE55 my hand and official seal thia l;It~~ day of A. D. 19_~
~ / _ ~
Notary Publit in snd for the Stete of Fioride at La~ge
My Ccmm~ssion axpir116ptary Public, State Of FIo?ide et L.arp,e
Rstum To: ~ { My Comm~ssion Expires ~Jav. 3, 196j
Bonded by American 5~rety Cu. of N. Y.
Fint fsderal Savi~gs 8 loan Assotiation
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