HomeMy WebLinkAbout1849 And taid Mortgagors, fo% ~hemselves and thr;r heiia, legsl representativet, fu<cOt~on and asYiqn~, h~nbr jointly •nd Nwr~lly town~nt ~nd ~gre~
ro and ~nith the ~a~d MORTGAGEE, i~ti succe~sois and ai~ign~_`
1. To pay ell and ~ingular thE prin~~pal and i~tereat and the various and wndry ium• of mon~y pay~btt by virlue of a~id prOmissory nOt~, and fhit
mortgage, each and rvery, prompr~y on the day~ tespectively the same •ev~rally betom~ dw.
2. Io pay all end singular the taaes, a~sessmenis, levie~, liabiliiiet, obliy~tions and ~ncumbr~nce~ of evsry natur• ~nd kind now on ~~id drstribtd
property, or tha~ hereafrer may be irripo~ad, suffered, plscsd, levfed, or •ssnssed therson, a that her~aft~~ may b~ I~vi~d w ais~iud upon thi~ Morty-
~~e, or the indebtcdness secu~ed t~e~eby, each and ever?. when due and paysble, xcordiny to I~w, beforo they becoms delinquent, ~nd b~fors any Int~r~u
attacnes or any penaHy ~s incur•ed; AND INStJFAR AS ANY TMEREOf IS OF RECORD THE SAME SHALL bE PROMPTLY $ATISf1ED AND DISCMARGED OF
RE~ORD AND THE ORIGItiAI OfFlC!Al DCCUMEtVT (SUCH AS, fOR INSTANCE. THE TAX RECE?Pi OR THE SA1lSfACTlON pApER GFFICIALLY ENOORSED
OR CER71FlED) SHAII Bf PLACED IN 1HE HANDS Of SAID MORTGAGEE WITMIN TEN DAYS NEXT AFTER PAYMENT, and in the event th~t eny thereo4 it not
pa~d, set sfied and d~scharged sa d MORTGAGEE may at any r~me pay th~ same or any part ;hereof withou~ waiving o~ affeding •ny option, lien, equity or
•i~M ~nder or by virtue o( this morrgayr and rhe full amovnt of each and every such payment ehell be immediately due •nd payable •nd thall be~r interest
~rorn rhe dare ~hereof umll pa~d at iate of eight per centum per annum snd tege~her w~th wch intereit ~hall be securcd by the lien of th:s morytaqe.
3. To pl~c~ •nd cor~tinuously kes~ on the buildinqi now or Mr~~ft~r ?itu~t~ on s~id I~nd ~nd on ~II sr~uipm~nt ~nd p~rloM~lly tov~r~d by thi~ mottq~
p~, with •II pr~miuma tMrwn pa~d in fult, fin insur~ncs in th~ uwsl st~ndard policy form, in a•um ~pprowd by tM MORTGAGEE, •nd windsterm
I.~+runnctir in iM u~u~l ftbnderd poliey form, in a~um •pproved by th~ M+DRTGAGEE, in such ~omp~ny or tomp~ni~f a~ the AIQRTGAGEE m~y
dir~ct; •nd all fir• ~nd windstorm inwrance policies on ~ny of ~aid buildmy~, ~ny intere?t therein or part ther~of, in tM ~gyreq~te tum ~fa~srid or
in ~xcru theraof, ~ha~i con~~±n the usual at~nderd mortpaps~ d~use or auch oth~r tl~u~e n the Morty~y~~ may nquir~, makiny tM los~ und~r uid polE
cl~~, ~~th ind' ~v~ry, payable to ~aid MORTGAGEE s~ ih intere~t may •pp~~r, and each and every tuch polic~/ fh~ll b~ promptly ~t~.yn~d and delivered to
any hsld Isy taid MORiGAGEE u further fecuriry to seid mor+gsye debt, and, not )eu than ten (10) dsy~ Yn advance of tV.~ •xpiration of ~~ch pol~cy, to de-
liver to ~eid MORTGAGEE • renewal thereof, +ogether with ~ receipl for ths premium of suth ren~wal; ~nd there ~hall be no fir~ or windstorm in~urenc•
plsr.od on ~ny of ssid buildin9~, any inrerest therein or part thereof, unles• in the form and w~th the loe~ peyable e~ •foreiaid; and in th~ evsnl any ~um
of money becomet peyablm under •uch poficy cr pol~cies said MORTGAGEE •hall heve the opt~on to receive end apply the s~me on account of the indabted-
ness ~ecvred hsreby or to permit seid MORTGAGORS to receive and use it or any pa~t thereof for other p~rposes, without tfiereby weiving ar impair-
(nfl •ny equity, lien ar ri9ht under or by virtus of thiy mortgage; and in !he pvtrnf iaid MORIGAGORS thall for •ny resson f~il to lcenp th~ aaid premise~ so
insured, or fail to del;ver promptly any of ~sid pol~cie~ of inivronce to •eid MORTGAGEE, or fail promptly to pay fully •ny premium thersfor or in eny
re~pect fail to periorm, discherge, execute, effect, complete, compty with and ~bide by thi~ covenanr, or any part hereof, seid MORTGAGEE may pl~ce and
pay fot tuch In~urance or sny pert !hereof withe~t waiving or affectinfl any option, iien, equity, or right under or by virtue of this Mortyags, •nd tht
fuU ~maum of eech end eve~y wch peyment ahall be immedietely due and peyeble snd ihall baar intereit from the dats thereoi until psid •t the rate o1
nine per tentum per ennum and fogethe~ w+rh such interest shali Ge ~ecurrd by the lien of thi~ mortpafla.
4. To pnrmit, mmmit or ~uffer no weste, impairment or deteriorotion of said property or sny part thereof.
S. To pay ell •nd •inpul~r the costt, chargeo ~nd expames, intludinfl e reaionabl~ •ttomey'• fee ~nd costs of abtt~act~ of title, incurred or paid at
•ny time by said MORTGAGEE, beceuie or in the event of tfie failure on the {.ert of the said MCJRTGAGC7R to duty, promptly •nd fully perform, diuherp~,
•x~cute, effect, complete, comply w;th snd sb;de by each end every the itipulation~, aqreement~, conditions, and covensnts of ~aid promissory note snd this
martp~pe •ny or ei~her, end se~d costs, charge~ and e:pense~, each and every, shall k» immedistely due end psyab~e; whether or not the~e b~ notics dr
msnd, rttempt ta tnllect or suit pending; ar.d the full emouM of each and every such peyment she~l bear interest from the date thereuf umil paid at th•
ratr of nine per centum per ennum; and aIl sa~d costs, char~es and expen~rs inc~rrrd or paid, togethar with wch interett, thall bf setur-d 6y ths lien of thif
mortpay~.
6. That (s) in the event of nny breach of this Mortgege or defeuit on tM part of the MORTGAGOR, or (b) in the tvent any of teid ~um~ of maney
herein referred to be not promptly end fully paid w~thin thirty ;30) day~ next after The ~ame ~everally become due end payable, without dem~nd or notice,
or (c) in the event each end every the uipu~ation~, agreemems, condirions snd covan~nn of ss~d promitsory note er.d th~s mortqeytr ~ny w eishsr ire not
~uly, promptly snd fully performed, d.scharged, exe~ure~, eftected, completcd, comp!~ed with and abided by, then in either or ~ny •uth event the Nid
preyete fum rnentioncd in sa~d promi:sory nore the:: rema~ning unpeid, with interesl accrued, and sll monays tccured heraby, ~hal1 becort+e due and ~y-
ahl• forthwith, or theraafter, ei the option of said'C~ORTGAGEE, ei fuNy and completely ~s if all of the ~aid sumi of money wers originally ~tipul~ted
to b~ paid on such day, anything in se~d premissory nnte or in this Mortgege to the contrar'y notwithstending; and theroupon o~ thereafter ~t the cption of
teid MORTGAGEE, wiThout notice or ~emand, suit at lew or in equity, therefore or thersefter bequn, mey bt prosecuted as if •!I moneys sstursd hereby
hod r»atu:ed prior to it~ institution
7. ?hat in the event that et the beginning of or et sny time pending any suit upon !his Mortgage, or to forKlo~e it, or to reform it, or to enfort~
p~yment of any <leimt hereunder, said MORTGAGEE shall apply to fhe Court hsviny jurisdictian thereof for the appointment of • Receivar, ~vch Court she)I
Forthwith appoint a rereiver ot said mortgaged property all •nd singuler, irclud~ng eli snd ~influler tfia in.ome, profit~, is~ues end revenues from whatevtr
iovrce derived, each snd every of which, it being expreasly undersrood, i~ hereby martqeyed ai if spec~fically •et forth and deuribed in the yrantinp and
habendum ctauses hereof, and such Receiver shall have al1 the broad and effedive funct;on~ end powen in enywise entrusted by ~~ourt to a Reteiv~r, snd
~~ch •ppointment ~hall be mede by such Covrt as an edmitted equity and a mattsr of abtolute right to seid MORTGAGEE, and without referencs to tha
sdequacy w inedequacy of the value of rhe property mortgaged o~ to the ~otventy ar insolve~cy of ~eid MORTGAGOR or the defendenq, snd that such
renti, profiri, income, iuues and revenues shall be applied by ~uch P,eceiver accordinq to the lien or eq~ity of said N10RTGAGEE and iha practiu of suth
Court.
8. To duly, promptty and fully perform, discharge, execute, effect, complete, compty with •nd ebide by cech and tvery the sriputatiane, agreementt,
conditions and corenants in said promissory note end rhis mortgage tet fcrth.
9. That in the event the owncrshlp of the mongaged premises, o. eny psrt thereof, becomes ves!ed in e perso~ other th~n 1M (VIORTGAGOR, th~
MORYGAGEE, it~ ~uccesson and aa~igns, may, without notice to the MORTGAOR, deel with such successor or yuccessor in intere~t With refarent~ to thit
mortqaqe snd the debt hercby secured in the iame manner es with Monpegor without in any way vitiatinq or ~disthsrginy the Mdrtfl;ytii~'~ liability '~are~
under or upon the d~bt hereby sec~red. No sa;e of tha premises hereby mortqaged and no forbearance on the pert of the MORTGAZ'iEE er itf su«esson
w aaiigm and no extension of !he time for the peyment of the debt herQby secured givQn by the JVIORTGAGEE or its •u:<asscn pr satign~, ahsll op~r~t~
/o nl~rst, dixh+rpQ, modify chen9e or affect the nriginal liebility of the MORTGAGOR herein, eitFier in whole w In p~rt.
10. it is tpecificaily egreed that time i~ of the essence of this contract and thst no waiver of any obligation her~v~der or of th~ obliqition u•
tured hsr~by thsll ~t any time tF+ereafter be hefd to be • weiver oF the terms hereot or oi the insrrumenr ircured herby.
11. In addition to the foregoing monthly payments of princ pel and interett reqv+red oy the prom~swry note setv~ed hereby, mortqaflar- cpvManry
sr~d sprees tc pay to mortgegse with each mnnthly payment ~n additional ium estimated by mort~;,gee to be eq~el to 1/12 af ths snnuel cost of the•tol{ow-
inq:
A-All raal property texet Ievied or es3essed against the ebove deicribed reai estate.
B-Premiums on fire artrJ windstorm ;n~wance ss hcrein required ?o be carried on the improvements si~uate on the sbove dcstribed pr~mites,
C-Premium• on such mortgege guaranty insurence e~ mortgagee shall from time !o time deem fit !o carry on fhe lo~n ~etured hereby.
Monpagee shall from time to time notify mortga~or in wr~ting of the amount due and payable hereunder and such sum :hall thereupon be dw and
pay~ble on the dva dete of ~he next monthly payment and eech sucte~~ive monrh thereatter until mortgaqes ahell notify mortgego~ of a chanym in tuth
amount. $uch sum~ shell ~ applied by mortgagea toward the payment of reel properTy texea, inaurs~ce prem~ums, and mortgeyt pu~r~nty insursnc~
prsmiuma.
iN WITNESS WHEREOf, h~ ~aid MORTGAC,OR hss hereunto 9et hii hand end seal the day and yeer first efore a+d.
s~n~ ,~~~ed and deli r~d p.e~.n~e of: ~ D A N D R E C 0 R D E D
- . . .n
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, ~~C~ ~G L'~ ~j
'6`5~~ OV I PM y 5
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E STATE Of FLORIDA
` courrrr oF ~ 1' ~ . 3 e : + ~ _ ~ ` >
- OG~f; ~=v:~~~ CL.ERK
l~qr?~t. o.na,,,~y .pp.~.sd -------,~aT~6~g~6~'~'i+i~ms _ .na
-~---r--- nnt"~"i `~(~~~m'~ hi• wlft, to m+ w~ll lcnown anx! known ro m. r4 b~
th~ snp~ywdWft' d~scr~bed (n •nd who sxxuted tha forsyoinp instrvrrNnt, ~nd acknowfsdy~d befa~ me th~t tfsey •x~cvtsd the sarr~ for the pvrpo~tt
dw.tR':~~.d. ,4,d rt,. aiJd Dorris D_ Ad8[ils
rrNa qf tiN iaid _ - : k'T'B'CI F+' Ada~7l°1 upon~i kp~r~t~ ~nd prtv~tr
pc~inilutiDn by Ina T~k~n ~eparate and apert from her seid h~sband, ~cknowl~dfled to M(~ bOf9rO nH that ~hs exxut~d said inatrum~nt frwly and volwr
f0?ily'~nd witliouT' iny'taFpulsion, con~traint, epprohension, pr~fe~r of a 9 h~r ~eid ho?b~nd.
, WRA~SS ~r+r`{~}rid:`snd offiual ~eel tfiis ~_~Q^T~ day af ~7' A. 0. 19~
~ No ry Public fn and~ • St~t~ of Fbrid~ ~t Lrp~
My Commitsion ~xp
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Cititens f~denl S+vings i loan A:soc9ation r r, ±.:~i'
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