HomeMy WebLinkAbout2183 !
And ea~d Mo~igagors. for ~!,e ~.tie:.rs a-~d f1~e:r he~-s, leget ~rprr~ent,i~~es, a~ccauo~f a~d es~~gn~, herebr joinrly and ~ave~~lly coven~nt •nd a9r~~
ro and ~n~rh rt,e sa.d A'.:JR~GA(;fE ~is s~uesso~s and assgnt
1. To Na,• a'1 a d s~~~g~.!ar it,e c~pal ar,d ~nirre~r and ~hc var~o~s and svndry sum~ of money pay~ble by v~rtue of seid prom~~iory nots, ~nd thi•
mortgage, each and every. ~xompt,y on ihE' (1a~S respect:ve~y ihe same severaL'y become due.
2. lo pay a~l an~+ ~~ngu'ar the ra,ce~, asirssmerns, Irvies, I~ab11~~~ee, obligaNons end tn~umbr~nce~ of every nNure •nd kind now on f~id dlsvibed
properry, o. thcr hzreafrer rnay be ~rT~Fosed. wffered, placed, lev~ed, or esaessed thereon, o~ thal hereafler may 6~ lev~ed or ufe~sed upon thi¦ Mortq-
aga, o~ the indeb!edness src.,rcd h~re6y, each and every, when due and payable, according to I~w, txfore they btcome delinquem, and before ~ny intere~t
at~athes or an~ urna~ty ~s ~.:~nrd, Af.U ILSJ'kk A$ ANY iMERE~7F !5 OF RfCORD THE SAME SNAII 9E PROMPTIY SATlSfIEp AND DISCHARG:D Of
RE~ORD A~;D 1HE ORiG;tial O~fiC;a! DOCUME^d~ ~SUCH AS fOR INSTArvCE, iHE tAx RECEIPT OR TNE SATISFACTION PAPER OFFICIAlIY ENDORSEU
QR CER'IF~ED; SHALL dE Pia.~ED i^: 1H~ HAhDS Of SAI~ fvl'JRTGAGEE VY~THIN 7EN DAYS NEXT AFTER PAYMENI, and ;n the even~ ~hat any thereof is not
*a~d, s.i~ sf,rd anJ ti,scharyc•d sa d'.tOR'GAG:E ~nay at any t~n,e ~,ay the aame ~r any part the~rof wirhout waiving or affecting eny option, iien, equ~ty or
.~oh~ ~.•,der or hy v:~i;,e o1 ~h~s o•iya_~r or:,-i ~ha !~u anw„nr of each ar~d every ~~ch paymem sha!I be immed~afrly J~e and payabie end •hall bear intare~t
~rom ~i~e dair ~hc~eof ~„nn~ pa d nr r,rc ef e~ght ~er ccnt~rn per annum and togetner wnh s~ch interest ~hall be sec~rod by tne lien of th • mprgtage.
3. To pt~c~ •nd continuou~~y keep o~ Mr bu;)dinys naw or heruft~r ~ituate on aaid I~nd •nd on ~II equipmant ~nd psrwnally covot~d by thi~ mnrrQ-
p~, with ~II pr~miuma thereon pa~d ~n fuil, fire in~urencs in tha u*Ual ~tend~rd policy form, in a tum rpproved by the MORTGAGEE, •nd windstorm
ins~nnn in fhe ~wel ttendard pal~cy form, in e sum epproved by ;h~ MORTGAGEE, in ~uch comp:~y or comp~nieti a th~ A10RTGAGEE may
d~rect; •nd •II fire snd w~nd~torm ins~ronce policie~ on any of said build~ng~, ~ny intere~t therein vr part theroef, in th~ ~qgreq~te wm sforeseid or
In exnsi thereof, thall ~anfein the ~suai s~~nderd morrge~ea dause or such o~her clwse r• fhe Mortq~9at mayr ~eq~~rs, mekinp the loaa ~ndrr said poll-
tie~, esth end every, peyable to •eid MORTGAG.E as ~ts intere~t may appeu, and each end every auch poiicy ~hsll be promptly ?ts,gned and delivered to
any held by ~eid MC)RTGAGEE a~ furrher ~ec~r~ty to said mor~gaga debt, end, not las~ th~n ten (10) deys in advance oi thr expiration of esch poticy, to dr
liver to ~eid MGRTGAGEE a renewai rhereot, rcx~erher with e receipt fcr the premium of ~uch fenewat; and the~e shall be no fir~ or windsro~m in~urence
placed on eny of se~d 5~ildings, eny ~nreres~ rherein o~ pert rhereot, unless in the form end w~th the !os• payeb!e u ef~resaid; and in tfie even! any s~m
of money becomts peyebie ~nder ~~ch po!icy or pol cies ~eid MORYGAGEE shall have tha opt~on to receiva and epply the iame on accounf of the indebted-
nsfa ietvred he~eDy or to pe~m:t sa~d MJRTGAGQRS 1o rete~ve and use it or any part thereof fpr other purposes, witho~t :he~eby wa~~ing or unpa~r-
Ing ~ny equ~ty, lien or r~gh~ under or by virtue of this mortgage; end in the event ~aid MORTGAvORS rhell for any rea~on fait to keep the teid prem~se• so
iniured, or fail ro delivrr prorn~tty eny of ~ald policie~ oS insurance to said MORTGAGEE, o~ fail pr~mptly to poy fully eny pr~mium therefor or in eny
retpect tail to perform, d~s:harge, exccute, effe:t, comp!ete, comply with and a6ide by th~s cov.nant, or any part hereof, sa~d MORTG.AGEE may place a~d
pay fot wch insura~ce or any part rhereof w~thcut waivin~ or affecting any option, lien, tqu~ty, or righf unde~ o~ by virtue of this Mortgage, •nd the
full amount of rech and every ~uch peyment ~hali be irtimadiately d~e and payable and shali bear interest from the date thereof until paid et the rate of
nina per cenr~m per ennvm and togethe~ w~rh a~ch ~r.rerest ahjll be sec~red by the lien of thia martgage.
1. To permit, commit or ~uffer no was~e, impairment or deteriorafion of seid property o~ eny pert ihereof.
S, To pay alI end singuler ihe coets, charges end expenses, ~nduding a reaoonab)e enomty's fee end cost• of ebstracts of title, in~u~red or peid at
ar+y tima by ~eid MORTGAGEE, because or in the event of the feilure on tha ~.ert of tfie said MORTGAGOR to duty, promptly end fully perform, d~uherge,
exetute, effect, complete, comply w;ih ard ab~de by each and every the stipulstions, agreements, conditionf, and covensnts of ~a'~d promisso.-y nofe and th;j
~r:ortgage any or e~ther, nnd sa:d :osts, charges and expensts, each er~d every, shelf be immediate~y due end peyable; whether o~ not there be notice de
mend, attempt to colkct o* svit pe~,d~~g; an~ the f~ll amovnt of ea:h and r~e~y fuch pryment shntl bear inrereit from the date thereof untii paid at rhe
rote of nine pe~ cenrum per annum; and aN sa~d costs. charqes and expenses incurred or peid, together with iuch interest, ihall be sec~red by the iien of thii
mortpaqs.
6. Thet (e) in the event of nny breach of this Mortgage or defeult on the part of The MORTGAGOR, or (b) in tha evenT •ny of •eid sumi of maney
heroin referred fo be not prompt(; and f~lly Fa:d within thirry (30) days rtext after fhe same sevarelly become due and peyable, withovt damand or notictr,
or (c) in the event each end avery rhe stipulM.~ona, ag~eemenrs, condiriona end covenanti of •a~d promissory note and th~i martgage eny or e~the~ are not
~uly, p;omptly end fully performcd, d s;harged, exewted, effected, mmpfettd, tompGed with and abided by, thert in e:ther or eny ~uth event the said ag
preflele sum mentioneo in raid promissory nore then remaining unpaid, with interest accrued, and ali moneys secured hereby, shall brcome due end pay-
•hl• fbrthwith, or thereafter, et the option ef ~aid MORTGAGEE, es fuily and tomplefely ss if ell of the said sum~ of monty were originalty utipulatrd
to ba pa~d on such day, enything +n sa d promi;sory note or in this .Mortgege to the controry notwithstending; and thereupon or thereafter at tha option of
taid MORTGAGEE, without not:ce er demand, suit at Iaw or in equity, there4ore or thereafter begun, may te prosecvted at if all moneyf secvred hereby
h~d matured pnor to irs ir.stitution
7. TFat in the event that at tt~e beginn~ng of or et any time pending any suit upon this Mortgage, or to fo~ec~ose it, or to reform it, or to enforte
payment of any daims ha~e~nder, seid t~ORTGAGEE shal! apply tn the Court having jurisd~Uion thereof for the eppointment of a Receiver, wch Court shall
forthwith eppcim e receiver of said morigaged p~operty all and sing~lar, indud~ng all end •inguler the income, profrts, itsuea and reven~et from whatever
source derived, each e~d every c,f ~,vhlch, i~ being expressly undersiood, is hereby mortgaged as if specificaily set forth end described in the granting end
habendum cleuses hereof, and such Receiver shall have aIl ehe broad and effective funcnons and powera in anywise entrusted by s Court to a Rectiver, end
wch appointment shatl be made by such Court a~ an admiftrd eqvity and a merter of ebsolute right to seid MORTGAGEE, and without referenc4 to the
~dequacy or inadequacy of the val~e of the p~epeny mortgeged or to the ioivency or insolvency of ~aid MORTGAGOR oi the defendenty, end that wch
ren!~, profits, inceme, issue: and reve~ues shai! bc eppfied by such Receiver accordinq to rhe lien or e4vity of sa;d MORTGAGEE and rhe practice of fuch
Court.
8. To duly, promptiy end fully periorm, discharge, execute, effect, complate, comply w~th end abide by each end every ihe ttipuletiom, agreement~,
conditions and covenanta ~n se~d prom~ssor/ nofe and rhis mcrtgage ~et forth.
9. ihat. in rh~ evert the ownersh'p of the mortgaged premises, or eny parr rhereof, becames vested in e person othcr than the MOR7GAGOR, rhe
MOR7GAGEE, M~ wccessprs ar.d ass~gns, may, wirhout notite to th. MORTGAOR, deal with such succ-ssor or tuccessor in interes! wirh reference to this
moriqsqe entt?he' deb! her~bq secured in the sa.r.e manntr et with Mortgagor withovt in any way vitfating or ~distharging the Morrgagorc' liebility her~
unEer. or. Gpnrt the debt'i~ereby srcured. No sale of ti:e premises hereby mor4gegad •~d no forbearnn~e on the part of the MORTGAGEE or iti su~ce~sors
o~ fuiqne sncj no extansiuri of tl~e time for fhe peyment of the debt hereby fccured given by the MORTGAGEE or it~ wccessors or esii9nt, chal{ opereTe
1o nisa~, dixhar~e, modity change or affect the originet lisbiliry of the MORTGAGOR herein, either in who!e or In part.
r t0. tNR specificeity;egraed sha~ time ia of the essence of this tontraq end that ne waiver of any obligetion hereunder or of the obligetion se•
tur~d henby shall et ~ny tifip,?hQreefter be held to be a waiver of the terms hereof or of the instrumert secured herby.
T]. In sdd~~~on ro Ne foregoing mor,thly paymen?s of princ pal and interest req~~red ny the prom;ssory note secured hereby, mo~tgegor covenenh
~nd sqrelf,!o per to marigbgerw~th each mc+nrhly payment an edd~rional ium esti.r.a!ed by m~rt_~gee to be eqval to 1/12 of tha ennuai cost of the follow-
.
A-All real.properry texes lev~zd or essessed againsr tfie abova desvibed real l3~e1C.
B-Premiurm on fire end winds?orm msurarce as herein required to be carried on the improvements situate an the nbove described premite~.
C-Premiumt an such morrgage 9uaranry insuron~e ae mortgegee ~hst! from t;me to rime deem fit to carry on fhe Ioan tecured hereby.
Mortgegee thall from time ~o rime notify mortgagor in writing of the amount du~ and payable hereunder end wch tum sha!I thereupon be due and
peyable on the due date uf the next mcnthly payment and eech succetsive month thereefter until mortgagee shall notify mortgagor o! a thange in tuth
~mount. Such t~ms ~ha!! be applird by mongagee iOri'Df~ the payment of real property taxes, i~surence prem;ums, and mortgags guarenty insuranca
premium~.
IN WITNE55 W.iEREQF, t said MORTGAGOR has hereunto set hii hand and seel the day and year first aforeseid.
SiQned Se d and dal' r the pre~enc of: ~ ~ C~~ C~~~~~
d_ :l,~c - ~.L``.
' ` ~Ii ~
J .icra~ Recor a~,
-!'~~~_..~.r~.a` cs~.~,
. ~ 'o~ '
8 P;~1 : 0 7 cs..o
STATE OF Fl~RIDA ~ i(;~ i j
COUNTYOF J~.~LuC.;i~ ~v~~~r: ;.~~EiZK
r
hfas me p~rronslly appeared ES~~~''C~y~,;iiT, ~;nsh~r,~* s~
_ ,7an~~U,~D~i7~~rL~~rr~;' ~,,,;fe, to me well known and known to m• to b~
Hu Indi~r~[! ~ribed'irt and who sxecuted the foregoin9 instrument, ~nd atknowledyed befors me that thsy •xecuted the ~ama for the purposes
rfi..uv.~;sxp~,+wd• •A.;d +t~ f,~a ..~]'atlet N T oilrisberr~T
wffr-~ .K~i:~.,i~ ` ' ~ii .h3r'd B r,oun~~ rr
y~ upon s Hp~r~tt and priv~r~
•zxerinati5n,k~ lrs~`tek~n t~ra/eIy end epen from her eaid hu~band, a<~Cnowled~ed to snd beforo me thet ?he executed asid imtrumem fre~ly and volurr
fartlyJr~d ivtthout_a~t}~ tom~iultioir, constreint, epproh~nsyi~ or feer of ar from her uid husb~nd.
WITNEib my' henci,~n~ offK~el ~eel thi~~- _ dey oi Novem T' A. D. 19
~
Notary Public in and fcr St~ts of Florida ~t Larqs
My Comm;as'ron •xp~ra~/
, Re!uin,7o:
Glii~ns Federsl 5~yings i loen Anseci~tio~ ~ I:
i~.t"'~ . ' ; .
of St. Wcie Counly f,•' _ , ' ' ~
l
F ~ - ,
h. Pie~ce, Fior;da uv JK ~ - - . ~ ,
~