HomeMy WebLinkAbout0674 And aid Mortgagors, fw themselve• and th~ir heir~, Ip~l repr~~tnt~tiv~s, ~ucurson ~nd ~uiyrn, h~reby jointly and Nv~r~ily town~nt ~nd ~yrK
ro and with tha uid MORTGAGEE, itf •ucc~»on ~nd ~uiyna:
1. To pay all and ~inyular th~ princip~t and int~re~t and 1M v~rious ~nd ~undry ~um~ of motuy pay~ble by virlw of s+id promi~fory not~, and thls
mortqafle, a+ch and every, promptly on th~ dayi retipactively tha ~~m~ av~rally b~cort» dw.
2. To p~y all and singular the taxe~, ass~umsn», lavie~, li~bilitie~, obli9ation~ ~nd ~ntumbr~r?c~+ of ov~ry natur~ ~nd kind now or~ ~~id dNC?il~d
prop~rty, or that hareafter may b~ imposed, suffered, placad, I~vied, w+ssass~d tMrwn, W 1}M1 Ilfff~~Tff m~y b~ tevi~d w aswskd ~po~ thb Mwtq-
aye, or tM indrbtsdnais fccured hereby, ~ath and ~v~ry, wh~n du~ ~nd p~yabl~, xcordinp to law, bafor~ thty b~tom~ d~~irpw~t, ~nd b~fae ~ny in»n~t
ettaches or sny penalty is incurred; AND INSOiAR AS ANY TMEREOF IS OF REtORD YHE SAME SMAII bE PROMPTLY SATISfIEO AND DI$CHARGED UF
RECORD AND THE ORIGINAI OFFiCIAI DOCUMENT (SUCH A5. FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIAIIY ENDORSED
OR tERTIFIE~) SHAII BF PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfYER PAYMENT, rrtd i~ tM w~m tlut •ny th~rwf is not
paid, sat~sfied and discha~ged ss:d MORTGAGEE may •t ~ny tlme pay tha same or ~ny part thereof without wa+vinq or •ffecriny ~ny option, li~n, pu~ty w
.iqht under or by virtue of this mo~tgage and the full •mounl of e~th and evtry suth payment ~h~ll be immadiatsly due and pay~blt •nd thall be~r inter~~t
~~om the dste thereof until psid at rate of ~iyht per centum par annum •nd toye~her with •uch intartst thall be secured by the li~n of th:~ moryta9~.
3. To plsa ~nd continuously k~ep on tM bulldirqa now w Mr~sft~r ~itwN on ufd land ~nd on all ~quiprrwnt and p~na+ally covn~d by thl~ mwty-
p~, with ~11 pnmiurru tMr~on paid in full, fin inwnncr in tM u~u~l ttand~rd polity farm, in • wm ~pprowd by th~ MORTGAGEE, ~nd wirrditwm
lnwru?p In tM uswl tt~nd~rd policy form, tn • wm ~pproved by th~ MORYGAGEE, in ~uch company ot compania a tM AIORTGAGEE rrwy
dinclJ ~nd dl fir~ ~nd wirrd~totm iruur~ncs polki~~ on sny of said buildinqa, ~ny Int~ryt fMr~In G? p~rt th~rrOf, in tM aypr~qatt aum ~fo?~Nid w
{n ~xc~u tMrwf, shall cont~in tM usual it~r+d~rd mortq~y~a claua or avch otMr clavw tM Morty~qN may r~quir~, m~kl~p tM lou und~r said pnlE
c1q, ~~ch a~d' ~v~ryr, psyibia to uid MORTGAGEE e~ in int~r~~t may ~ppear, a~d ~ach ~nd tvery such polity ~h~ll b~ promptly ~a.qn~d ~nd dtliwr~d to
any h~ld by said MORTGAGEE ~ fuRh~r secvrity to wid monya~ debt, ~nd, r?ot Iqs tMn t~n l1Q) d~ys In advanc~ of tiw ~xpiration of ~xh polity, to dr
iivsr to s~id MORTGAGEE e rtnewsl therwf, top~tMr with a nts~pt for tM pr~rt+ium of ~uch ren~wal; and th~rt ~h+~~ b~ rw fir~ w wind~twm in~uranc~
plac~d on any of s~id buildirqs, any inte~est ther~in or part tharwf, unles~ in tM form and with th~ lou pay~bl~ ~t efores+id; •nd in th~ ev~nf ~ny sum
of rroney betomN p+Y+bl~ under such poliry or policie~ ~sid MORTGAGEE shatl haw tM option to rrteiv~ •nd ~pp~Y iM um~ on account of tM Indsbtsd-
n~fs wcund Mrsby a to p~rmit s~id MORTGAGOR5 fo r~ceiv~ ind u~~ lt or •ny psrt lhereof for other purpases, without rhereby wsiving or impsir•
kg My ~quity, li~n a riyht und~r w by virtw of thi~ mortyay~; ~nd tn tM ~v~nt taid MORTGAGORS th~ll fa ~ny re~wn f~(1 to ke~p th~ s~id premises ~o
irnurfd, or f~il to d~liver promptly •ny of taid polici~~ of imur~ncs to ~aid MORTGA.GEE, w f~il promptly to pay fully any premium th~rtfor or in any
rNpett f~il to p~rfwm, diuharq~, tzecut~, effect, eomplste, tomply with and •bid~ by thi• tovenant, or •ny parv !~ereof, s~id MORTGAGEE m~y plate end
pay for ~uch Insursncs or ~ny part ther~of without waivinq ot ~ffrttinfl •ny option, lisn, equity, or riyht under or by virtut of thi~ Mony~9~. ~nd the
full emount of ~ach and ev~ry tuch p~yment shell be immedi~hly d~a and p~y~bta and ~hall be~r intsre~t from 1M dat~ therwf unt~l p~id ~t th~ rat~ ot
nin~ per tsntum per annum and together with such intere~t shsll be secured by th~ li~n of thi~ mortqaya.
4. To permit, tommit w suffer no wesfe, lmpairm~nt w detetioration of s~id property a~ny p~A thanof.
S. To pay all ~nd ~inyular tM cost~, ch~rqef •nd •xp~~us, includiny ~ reaionabl• ~ttorney's fN ~~d costs o# abstnct~ of tit!s, incurrtd or paid rt
~ny t(rrk by aid MORiGAGEE, bK~~se or in th~ evsnt of tht f~ilure on tM pert of th~ s+id MORTGAGOR to duly, promptiy snd fully p~rform, di~tharq~,
ex~tute, ~fiact, tar+p~ets, comply with end abide by each ~nd every the ~tipulatioru, ~prNrrNntt, conditiona, and tove~ant+ of said promiuory rwt~ ~nd thi~
mortyap~ ~ny or •ither, •nd said cost~, charyes ond expeniet, esch and ~v~ry, ~h~ll i» Immediat~ly du~ •nd payable; wheth~r or not thsr~ b~ notite d~
mand, •ttsmpt to coll~ct or suit pendinq; and the f~ll smount of e~ch end e~ary such p~ymtnt shall bear inrrres+ from th~ dite thereof until paid at th~
rste of nine per centum per annum; and all said cost:, charqes •nd expen~es incurrad w p~id, toyether with such interest, ehall b~ ucured by the li~n of this
~?~0~•
6. That (a) fn ths ~vent of eny breach of thi~ Mortyiye or defeult o~ the p+rt of th~ MORTGAGOR, or ;b) in tM evenf ~ny of seid wm~ of money
Mr~ln r~fKred to be not p~omptly ~nd fully paid within thirty (30) days next aftsr the s~me iever~lly become due and payabl~, without drmand ot notice,
or (c~ i~ tM ~v~nt aach end ~very ths stipulatiom, agreements, conditions •nd coven~nb of ~a~d p~omiuory note snd th~~ mortgsy~ any or ~itMr •n no9
~uly, promptly •nd fully p~rformad, ditcharqed, ezecutal, sffected, completed, compli~d with end ebidad by, then in either or •ny ~uch ~v~nt th~ Hid aq~
pre9af~ wm m~ntioned In ssid promissory note then remaininfl unp~id, with interett ~cuu~d, ~nd •II montys ~ecured hereby, shall betom~ dw •nd pay-
~h~• forthwith, w tMreaftsr, at ths option of ~eid MdRTGAGEE, ai fully and complstsly ~s if ~II of the ~sid sums o# money w~n oriqinelly ~tipulrtad
to b+ p~id on svch day, anythiny in said promissory nota w in thi~ Mortg~ye to the contraty notwithst~ndinq; ~nd ther~upon or thereaft~r •t the option o~
•aid MORTGAGEE, without notice or drmend, tuit at I~w or in puity, therefore or thtreaher bp~n, may be prosecutsd at if all money~ setursd F»r~by
had rtNtured ptiw to its inititution.
7. That in the evertt that et the bcginning of or et •ny time pendiny eny iuit upcx~ this Mo~t9~gs, or to forezlos~ it, or to reform it, o? to enforp
p~ym~nt of iny cleim~ hereunder, taid MORTGAGEE shall npply to the Court hsviny jurisditrion thsreof for the appointment of • Reteiv~r, ~uch Ceurt sh~ll
Forthwith •ppoint a recaiver of taid mwtgaged property all end singu~sr, includ~rrfl all •nd sinyular the income, protits, iuuer and nvenu~~ from whatevK
wures deriv~d, t~ch and avery of which, it bei~p expreuly understood, is hereby mortyayed n if specificslly ~et forth •nd dtscribed in tF+~ qra~tinq ~nd
hab~ndum clau~et hereof, end such Reteive? ihall have all the broad snd effeqiv~ functiona snd powers in snywise entrvstrd by a tourt to a RKeiv~r, •nd
wch ~ppointment shell be msde by •uch Court ss en ~dmitted equ;ty and a matt~r of abwluta riyht to ~aid MORTGAGEE, •nd without refererxe to the
~dpuscy w(nsdequaty of th~ vslue of ttu property mortysqed or to the solv~ncy or inso~venq of uid MORTGAGOR w the defendant~, •nd that such
r~nts, profiri, intome, iuues •nd rev~nue~ ~h~ll b~ applied by auch R~teiver iccordinp to th~ lien or squity of said MORTGAGEE and tM pr~ctiu of such
CouA.
8. To duly, promptly ~nd fully perform, discharge, e:etute, effeM, complett, comply with •nd abide by esch ~nd ~vtry tlt~ ~tipvlation~, ynsmenri,
crnditiom ~nd covenanta in wid promissory note end this mortysp~ set forth.
9. Tisit in th~ avenr the ownership of the mortqaqed premises, or any part there~of, bccomet vssttd in s person other than t!» MQRIGAG4R, N»
MORTGAGEE, fh wcceuon ~nd suigns, may, witho~t notice to the MORTGAQR, deal with tiuch iucceiaor or tuccessor in intereit with rafersnct to fhi~
mutyaq~ and the debt hereby sacured in the same manner as with Mortyayor without in any way vitietiny or~discharping tM Mortgsqor~' liability har~
und~r w upon the debt hereby secured. No tele of tha premius hereby mortya9ed •rrd no forbearance on the part o4 tho MORTGAGEE or its tuEteuors
or oaiyn~e ~nd no ~extension of the time fw the psyment of the debt hereby ~ecurtd piven by rhe MORTGAGEE or it~ ~ucceswra or sssiyna, shall og~rate
b r~l~~, di~cM~, modif~r th~ny~ or •ffect th~ oriyinal li~bility of th~ MORTGAGOR hsrein, ~ither in wholt or in psrt.
10. N h sp~ci'ically preed that time i~ of the estenc~ of thi~ contratt snd that no waiver of any oblig~tion hereunder or of ths obli9ation c~•
cwsd h~reby ?hall ~t •ny tim• thereafter be held to ba a welver of th~ t~rms henof w of the instrument xcurcd herby.
11. In sddition to the foregoing mo~thly payments of princ pal and interest req~~red ny the prom;iwry note secured hereby, mort9agor cavanents
end ayrea to pay to mortyay~e with each monfhly payment an addition~l sum rstimated by mort~~gee to be equal to l/72 of the annua~ cost of tM follow-
~G ~
A-All rsal proptrty taxes ttvied or e~sexsed aqeintt tfie ~bove described real estate.
B-Prtrmiums on fire •nd windstorm insurance herein required to be carried on the improvements ~ituate on the above described pr~mises.
C-Premium~ o~ ~~ch mortyage gwranty insuranze as mortyspee shall from time to time deem fit ro carry on the loan secured hereby.
Mortqs~ee thal~ from time to time notify mortpa9or in writinq of the amovnt due and p~yable hereunde~ and •vch sum thell therevpon be due ~nd
pay~ble on the du~ dete of tM next monthly payment and •ach s~ccsuive mo~th thereafter until mortgsqee ihell notify mortgagor of a chsnpe in such
~mo~nt. 5uth ~urru fhall ba appfied by moripa9ee toward tix pryment of resl property tax~i, fn~urance premivms, and mortflafle yusranty insur~nte
pr~mfums.
IN WITNESS WHEREOi, tF» said MORTGAGOR ha~b evnto fet hia hand and seal thr day and yeer first sforesaid.
, SNI~d and dsliv pr~s~na o,4 ~~,~N D R E R D~ D %
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STATE OF FLORIDA 4.• r> '
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~ tout~rr of St _ Luci~ R~ i i;i."-,c , "
S~I,q,li~~ - C~ERK .~a
d~fon nN prrtonally app~arsd
10 Q 8 his wift, to m~ w~ll known ~nd known to m~ ro ht
Ha k~dividw~•, ~~6i`d'4R,~nd who ~x~tvt~d tM fwpolnp Gutrum~nt, ~ckkravwl~dp~d 4»fw~ rr» tMt tluy ~x~cvt*d tht tarrw for tM purpo~e~
H,...~, .~,.;~i..:~i?~a Clotilde~~'a,ylor
~ y~ . ' :r.3.~ T841.02' upon a s~pant~ snd p?iv~»
~x~minjtip~{ by py f~~i~n ~p~r+,y and ~r} ~ ~~cknowledy*d to ~nd beforo rrw that fhe •xstuted uid imtrum~nt frNly s~d voiurr
r H~ri++' «ry ootr~u lw+. R4~' ~.~.~i
~+rlegw~Mbr
t~~ii a+d~ wt b cautrsi ftir ar from hK wld hw6~nd,
WRtrES,S aM'M~Id,1~!d offkiat-~1 ~4+f~ ~~z:~,R-~ r~day of~~'
~i~e~' . A. D. 19~
• ~ ~ _ ' _ 'f ti .i~, ~s•-tt--~
` _ . . ' uta~blic in ~nd for tM St~» of fk;fda et l~rp~
: ~ , . : Mr Commiwbn ~xpir~u
~ . $Atv(q To ~ ~ ~ ~ NOt~N Pub~iC. S±~4n pf F~or',~1? ,,t l~ro?
, ~ ~ ~ ~v1V C~"~ttn 55 on =xr r~c ~~-c l;?, 1 ,
Citi:~ns hd~nl SaLfnys ~[a~n Aasod~liq~r' . ~ f t.~ t r_::n ~ut.;y ' o. ot 'v. 'f.
of St. tusi~ CavatY s7, • • ' ~ R E : n ~ ~ J E3
Ft. Pi~rce, Flortda . BCuI( ~~8 . .7~
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