HomeMy WebLinkAbout1469 And taid Mortqaqpn. fw tMm~~ivt~ ~~d tM~~ Min, liy~l r~pr~sent~fiv~s, succ~w~ ~nd ~wiqrn. Mrrby jointly and Mvw~Ay cpv~nrnt ~nd pr~r
ro~nd with tM ~aid MURTGAGEE, ia ~ucc~ssws and auiynr:
1. 7o pay •Il •nd ~irpular rM principd and int~r~st and ~h~ v~rio~~ and wndry ~u+m of rtwn~Y P~Y+bN bY vlrtw of wfd promiaory ew1~. and H?b
mu~tpry~, uch rnd •vay, promptly on tM days r~sp~ctivrly tM sam~ aw?dly b~corn~ dw.
2. To pay afl and ~inqul~r tM t~xe~, a~seam~nts, twi~~, ii~bilirifs. oblip~tiora ~e~d ~ncumbr~r+cp of ~very nNU?~ ~nd klnd ?qw on ~sid d~ibrd
P?operty, w thN h~re~ft~r may b~ impos~d, suffNtd. pl~t~d, (~vi~d, ot ~wu~d iMnpn, or t}~at Mr~~fiK may b~ I~vi~d or aWNMd uppn thN ARptfp.
~q~, a ih~ I.rdebt~dnea a:ur~d h~r~by, fach •nd w~ry, wF+Mn dw ~nd payabl~, xcwdinp fo I~w, b~fw~ th~y baom~ d~IMqwnt, ~nd bdon ~eryr Int~r~st
•rrachts w any p~nalry i• incurred; ANU INSOFAR AS ANY TNEREOF IS OP RECORO THE SAME SHALI OE PROMPTIY SATISFIED AND D~SCNARGED 4f
RECORD AND THE ORIGINAI OFfIC1Al DOCUMENT (SUCM A5, FpR INSTANCE, THE TAX RECEIPT OR THE SATISFACYIdN PAPER OFFICIALIY ENDARSEO
OR CERTIFIED) SHAIt BE PIACED IN THE HANDS OF SAIO MORTGAGEE WITNIN lEN DAYS NEXT AFTER PAYMENT, and in tM ~wnt tMt ~ny tMnof is na
paid, fat~tfiad and discherged ~a:d MORTGAGEE m~y at any tim~ p~y th~ i~rr~e pr ~ny part ther*af without w~ivinp or aff~tinp any option, lien, puify o~
~iaht under o~ by virtua of thirt martgage snd tht full ~mount of eath •nd evc~y tuch paymfnt ihati b~ immediately dw ~nd payable ~nd th~ll bNr Fnt~rtse
~~om the d~tr ?he~eof until p~id at rate of ~iyht per <entum p~r snnum and to9ether with tuch int~r~st ~fi~ll b~ tecund by th~ litn ot th:~ morqta~.
To pl~w and oonttnuou~ly kNp on the bulldinp~ naw a h~n~ft~r ~itu~» on aid I~nd and cn ~tl aqulprn~nf M?d p~noe,ally oownd bp tMa mwf~
p~, with N) pran:ums NMr~on p~;d in full, fin inwnna in tM wua) ~undard polky form. i~ a sum ~pprove!) by tM MORYGI?GEE, ud wind~torm
kaw~a ~n tM wwf ~r~ndard pulicy Form, M a wm rpF+rov~d by t?r~ MpRTGAGEE. in wnc ~amp~ny w tompania ~ tF~ INORTGAGEE m~y
dincq ~+d •II fu~ and wind~torm tnwr~~ policlN on ~ny of s~id build~nqs, ~r+y inter„t therelr~ o~ pan thsr~of, M tM ppr~piN wm ~for~id a
tn ~xpn tMrwf, shall cont~in rM u~u~I ~t~nda?d morryspM cl~uw or such orh~r cl~vw u tht A~ortyay~~ may rpuin, mak?np th~ loa v,?dM s~id po1F
cia. ~ach m+d ~v~ry, p~yabl~ fa Nld MORTGAGEE a iri int~rqt may app~~~, ~nd ~ach and ev~ry tuch policy ahill b~ promptly ~a.yn~d a~d d~liwr~d to
any h~ld by wid JNORTGAGEE +s ivrthrr Ncurity to iaid mor~pp~ debt, and, not Iqa tMn t~n (IOy d~ys tn adv~ac~ oi th~ s~cpirstion of wch policy, ro d~-
lhhv to Nid MORT(iAGEE • r~newal therwf, roq~tMr with a nc~ipt for tM pnmiwn of such rtnhwait ~nd tMro tMll b~ no fi~~ a windsto~m iMUr~nt~
pl~e~d oe~ ~ny of wid bulldin~~, ~ny intar~st ther~in or part tfif?wf, vnlsu in tM form and with tM Ioa piyabl~ a~ ~foreiaid; ~r+d In tM ~vMt ~ny ~um
of man~y b~cw~ payabf~ und~r ~uch poHq or policie~ utd MORTGAGEE ~M1! hav~ tM opfion to rec~iv~ ~nd ~pply th~ um~ o~ aaount af tl+~ tndebt«S~
nias Mn+rod Mr~by a to permit ~id MORTGAGORS to nc~ive ~nd up It a any pa?t therQOf for other purpose~, without thereby waiviny or impair-
k+p ~ny ~qv~ry, li~n w right und~~ nr by virtw of this mortqaya; md in tlw ~vent uiid MORTGAGORS sluil fiw ~ny rf~son f~tl to ks~p fhe iaid premlae~ w
irovnd, or fai) lo d~Ifwr promptly ~ny of ~id policif~ of in~ur~nc~ to uid MORTGAGEE, w f~il promptly to p~y fully ~ny pr~mium thfnfa a in ~ny
nap~et f~it to p~rform, diuh~r9e, ~xscut~, •ffect, tompl~t~, comp~y with snd ~bid~ by thi~ cov~n~nt, w any part hereof, taid MORTGAGfE may plata •nd
pay for ~uch Inwrant~ or any p~n tlNrvof without w~iv3np w ~ffsrtinQ •ny option, lian, equity, or riqht und~r w by virtw of thfa AAortyiq~, rnd tM
fvll amount of ~sch ~nd rwry such p~ym~nt shall b~ immrdi~tsly d~t •nd psy~bl~ ~~d sMll F»~r int~rpt from tM dat~ therwf until p~id at tM rrt~ af
nint p~r tent~m pN ~nnum ~nd topetMr with such interott sh~tt be fecured by th~ I~~n of thit mortyaq~.
To p~rn+it, oommlf ar tvffer no w+ste, impairm~m w dete?iontion of uid property or ~ny p~h th~r~of.
5. To psy ~II ~nd tinyul~r tM cwt~, C}lil'~p iP1d ~XFSMMf, includinq i ra~wnabl~ ~nwney'~ f~ snd coin of •batr~ct~ of thl~, {nc~nfd w p~id i1
~ny Herw ~y uid MORTGAGEE, bocaus~ or M fM ev~nt of th~ failun on tM wr1 of tM uid MORTGAGOR to duly, promptly •nd fully p~?fwm, di~tharq~,
~x~c~t~, ~ff~et, complr», oompty with and abid~ by e+ch and ewry N» ~fipul~riwn. ~qrMrrwnls, tondittom, •nd cown~nri of uid promluory noh ~nd thia
mwtyp~ ~ny or •ither, and said cosh, chuqt~ ~nd axpsna~s, each ~nd ~v~ry, thall b~ Imm~di~f~ly dw and payable: wMtMr w not tlwn b~ rwtic~ dr
m~nd, ~ttemp! to collect ot suit pendinp; ~nd the full artwunt of e~th and ev~ry wch p~ymenr sh~U b~~r inrer~~t from tF» datt th~rrof until p~id ~t the
r~ta of ~ie?~ per centum psr annum; and all ~aid ro~ts, charpet snd expensea intvrr~d p p~id, toyttF»r with ~uch int~nst, ~hall ba Hcur~d by tl» lisn of this
^qrt9p~•
b. TMt tn tM wor~t of any bre~ch of thi~ AAon9ay~ or defa~tt on tfis part ot the AAQRTGAGOR, or (b) in rM w+r~t +~y of ~s7d wma of mo~ey
h~r~ln r~f~rrsd to bt not promptly and fulty psid within thirty (30) diy~ next rfter the trme ~avsrally bstoms due and p~yabls, without d~mux! or notip,
or (c) in tM ewnt ~wh and ~very t1» ttipul~tion~, ~greem~nt~, tonditioni ~nd covsnant~ of ~aid promiswry not~ •nd th~~ mortype ~ny cx ~'sthrr ~r~ rrot
~uty, promptly :nd fully perfam~d, d~scharyed, executsd, etfsct~d, completed, compli~rd with •nd abid~d by, then in eith~r or •ny ~uch w~M tM a~id
prpat~ wm mentioned in ~f«d promiuory note then remaininy unp~id, with inttrtst aarwd, ~nd all mon~y~ ~ecured. Mreby, •Mli b~torrK dw +nd pay~
~hl~ forthwitfi, w tMnaffer, at th~ aption of s~id MORTGAGEE, a~ tulty ~nd compl~Hly p if a!! of Me Hid suma of money wt» oripinally stepulat~d
to b~ p~id on such d~y, ~nythlnq in taid promiuory nots a in thit Morty~ge to tF?~ contr~ry notwithstsndinq; ~nd thsrwpon or th~reahN ~t tM aption of
uid MORTGAGEE, without rwtica or dem~nd, ~uit ~t I~w or in p~ily, tMr~fae w tMn~h~r bpun, m~y be pro~scut~d ~s if ~tt mon~ys wcvr~d h~r~by
Md ?nitur~d prior to ;ts 3nstitution_
7. "fhat tn tM event that ~t tha beginnin~ af or at any tima pending iny wit upon thi~ Martq~qe, or to foreclent N, or to rsfo~m it, a to tnforp
paym~nt of ~ny tleim~ hereunder, ~sid MORTGAGEE ~hall apply to the CouA h~virq jurisdiction thereof fw the appointment of i RKtiver, tuch CouA shail
fcwthwith ~ppo'~nt e ~et~ivsr of asid mortp~ged prope~ty all and siryular, inclvdinq •II ~nd •inpular ths inmme, profin, iuuef ~nd revenu~f from wh~twsr
wvrce deriwd, esch and ~very of whith, it beirq ~xpreuly underotpod, i~ hereby moAqp~d p if specifitally fet forth a~d dqcribed in tFr qr~ntin~ ~nd
hab~+~dum ctauses Mr~of, snd suth Reteivar ~MI! hrwe •11 the brwd and affepiv~ fvnttiom ~r~d powar~ in ~nywise sntrust~d by • Covrt to ~ R~ulwr, and
auch ~ppointm~ni shall be mad~ by wch Court u~n ~dmitted eq~ity •nd ~ matt~r of abwl~tt right to uid MORTGAGEE, ~nd withovt nf~nnc~ to ti+~
~quacy w in~dequscy af the value of tha property monpay~d or to the wlvency or insolvenry of ~taid MORTGAGOR w tha defendant~, and that ~uch
~~nts, profi», incas», issuK and rov~nua sh~ll b~ applisd by :uch R~ceiv~r +ccwdiny to tM lien or aquity of iaid MORTGAGEE ~nd tM pr+cticr of such
Coutt.
8. To duly, p?omptly rr~d fully perform, diuharge, exxute, ef#ect, compl~t~, comply with •nd abide by sech and ev~ry f1~ ttipufstiotu, ~n~rtwnfs,
tanditions and cov~nant~ in aaid promissory not* ~nd thu mortpsye yt forth.
9. That in the event tM ownenhip of tha mortyaqtd promiiei, w any part ihereof, bccomes vested in • perw~ other than th~ MpRTGAGOIt, 4M
MpRTGAGEE, Ns waeuors •nd •ssiyns, may, without ~1C~TitO ro tM MORTGAOR, de~l with wch iucceuor w succe~ro? in interest with r*f~rrsncr to thit
moetpps and ths debt htreby ~etured in tiss sami mann~r p with Nkortpapor witlwut in ~ny w~y vitiatiny M dischsryinp the Mortqapon' IlaWlit~r kMr~-
undK w ~pon tt» debt Mnby secured. No sale of tM pr~mtse~ hereby mortqayad and no forbea.mq on tM pan of tF+r MORTCsAGEE~qq~(~ oerwn
or auiyns rnd no ~xtension of tM time for the payment of th~ debt hcr~by secur~d qiwn by th~ MOR7GAGEE ar its succeuors a~,Ml ru,~F+r iip~rafs
1o nlwr, disclary~, modifr ci»r~qs or ~ff~tt th~ o~inal li~bility qf tM MORTGA~iOR h~rsi~, rith~t in whole a I~ part, ~ i r-: ~
~ ~ ~ • /
10. 1t b specifiwlly pr~td that time b of Nw eaena of this contract ~nd that no waiv~r of any obliyation Mr~u~~rrF't~~iyitpn y. .
Nr~d hsr~by ~ha{I ~t My tirt» thertafter be held to be s wa(vv of tM t~rrrq hrrsof or of tht inirrument secured hsrby. "',`.t,;••~: y'
: j',~c~ :'`.i'''f" : (F _
1 i. tn ~ddition to rho fwsyoiny montMy paymenh of print pal and intere~t ?~qvired by ths promiuory not~ secvr~~~y, iq~p~p~;
~nd sprNt to pay to mortyayN with e~ch monthly paymam sn ~dditional wm estimated by mort~cges to be pual to 1/12 o~th~ ~gw •,-~11 f=
A--AfI r~ al q? o p t r t y t ~ x e s I~ vi
e d or •asesse d ayainst t h
e • b ove de~tri b e d na l ettsh. r~ ~'~:~rr:~
~ ~ (
d--Pr~miums ar fir~ ~nd windstorm insursnc~ ~s herein r e quir e
d t o b~ c ar r i e d a+ t h e i m p~ o v e m t n t s s i t v e t e o n t h s a
b o
w~
i-~~( p~ r~(~
s.~
C-Pr~miums on ~uch mortqag~ y~arsnty i~suranc~ s~ monyaqq shall from time to tim~ deem fit to tsrry on tM loan' ~fW?~~~?
lNo~tp~yee ihall from tirrN to tirrN notify mor4y~por in writi '
n9 of iM amount due snd pay~blt Mnunder snd tuch tum ~ii~L;tMr~opon'~t +dw•and
{»Y+b1~ on tl+e dw d~ts of tM next monthlY RaYmsnt ~nd sach wccetsiw month there~ft~r until mort~p~y~e ahall notify morty~goi 'c/; R~t~p~' j!i wch
~movnt. Such sums tMull be •ppli~d by mortppa~ tow~rd tM payrr~nt of r~~l property tax~s, tnsur~nc~ premtums, ~nd morty~ 4wr~nty (nsunnq
pr~mlwns.
IN WITNESS WFIEREOF, th~ said MORTGAGOR ha~ Mr Mo wt his h~nd ~~d ~~R tF» day ~r?d y~ar first afornaid.
s~r+.d, s..~a ~a d.~w« a««,~. of, ~I L E ~ AN ~ R E C Q R pEp
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~ STATE GF FLARID/1
` ~a~;~: ;'6'1 ~
4 scwrn~roF_ St_ r.~ .~e ~f~~GEF; r~C.~ifrt,4S. CLERK ~
e.6e~. ~n. ~.~?,o~,.ny .Qp....a ~ T E 0
end
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hb wih, fo er~ well icrqwn and known to rt+s ~o b~
~ `i \ tn `and wfw •x.cur.d th. forspvinp krmvn+~nt. .nd ockr+owbdped b.tor. rr» rl»t rhey .z~cw.d ~h. ,am. fw tl,. pwpo..a
~~a. ti,d Eve~,vn Ma~ wglch
u~~ . F1 ovd C We 1eh P.,,
c, ' upor, . ~.p~.m «,d p.~vn.
~!!y rrw~ t I~n, ~p~ra»' and ~p~rt from h~r said hvab+nd~ ~?O ~fld btfOr~ RM tMt ~IM f]fKV1ld Nid IMtNRi1M fPNly ~d volur?
~ v~l~p ~n~r..o0l+~sioeL: oorxtr~tr+t, aPOnhorssron, w Ee~r of o? hom Mr ~+id fxnb~nd.
WfJNE~+ ~mZ ~ ir~d bffkf~! ~e! thL ~~~„t ~Y ~ A. D. 19..~1~
~
Notary Ik fn md for st~ of Florfd~ ~t l~rQ~
''',~ift Mp Commtahr+ ~xpira~
y0Y1b~ To:
Cro~.~~ f.d.ra! Sa~y, a toan A»o~nio„ Notary P~':'~:, St~te oi Floriaa ~t Large
~a! ft. tuci~ Car~~ry ( ~11y Cow:,~'sssi~n ~xFi~r~s Nlar:h 1. 19~Y
R. Pierte, FtwSda l)n R E:'..zJ t. ~•:an '~;o s i.a:~ci~y CJ.
BLiQt1 ~
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