HomeMy WebLinkAbout2187 A~d s+ d M, ~r:~,gors I~r rhr +•,se'.rs a~:d !t.e~r hei~s, legat rpprete~~stives, successors end alJigns, hsreby joiroly ~nd sev~tr~lly covensnt and ~9r~e
to end ,ti,th the s.+.d .V~.~kTGAGEE. ~!s :uccessors and ass~gnr
l. To pay a:l a~~.d ~:~~g;,,ar ihe pi.:•,u~.al and ~n~erest and ~he var~ous •nd wndry svm~ of money payable by virtue of •aid prom,isory note, •nd th~~
morryage, eaih an~ e.ery, pro~cE,~!y on th~: da}s re:peu~vely fhe snme severoNy becom• due.
2. To pay a!I a~d ~~ngu•ar the taxes, assessments, lev~es, liebil~t~ei, obliqations and encvmbr~nces of every nst~re and kind now on ~a~d detcribed
property, or that herraf~er may ~e ~inposed, sufferad, plated, Iev~ed, cr essessed ther~n, or thal hereaher may Lx lev~ed or a»ested upon thia Mor~9-
ege, o~ the indebiedness sec~rrd herebv, each and rvery, when d~e and payab~e, ectordir,g to law, before they becom.e delinquerti, and beforo •ny intereft
arra:nes or an~ penai+y .s n:c~n.d; Ar,D ty50'AR AS ANY THEREOf IS UF RECURD THE SAME SHAII BE PROMPTIY SA115fIED AND D~SCHARGED OF
RECOkD ANp THc OkIG~'.Al U; FICI :i GOCU45E!.i ~,SUCN AS FOR INSTRNCE, THE iAX RECEIPT OR iHE SATISFACTION PAPcR OFFiCIAItY ENDORSED
OR C~ki1FIED! S~AiI BE P.ACED ~N THE NA,NDS OF SAID MCJRTGRGEE W11HIN TEN DAYS NcXi AFTER PAYMENT, and in the eveM that any t~eicof i~ noi
pa d eat st~ed and d;~~r~a~~~~ s:~ d:'UR?GAGEE n,ay at any f ine pay the aame or any part Ihe~eof w~th~ut waiv~ny or affecting any opt~on, lien, eq~:ty or
.Iqht ~nder or b, r.rr~~r nt th~a ~ro•rgaqr rn~f trt i~u am:o~nt of each and every •uch payn,ent sha~l be immtd~ately d~e and payable end ahall bcar inle~e~t
~rom ~he da!e rr:e~e~.~f unil~ pa d ar rarr oi etght per cenrum per annu-n and rogefhr. w.th wch inte~esr ahall b~ secv~ed by the lien of th • morgts9e.
3. To pl~cr snd continuoualy kaep on the buildinyt now or here+ft~r ~itu~ts on t~id land ~nd on ~II equipment snd psnon~lly cov~red by thi~ mortQ-
p~, with •il prsrt~iums therw~ paid in full, fire insurencs in iha u~ual ~tendard policy form, in o tum •pproved by the MG,'RiGAGEf, snd windstorm
Inwrenw in the usual ~randard policy forrn, in a ium approved by the MdRTGAGEE, in wch company or comp~niea ~s tM A10RTGAGEE may
d~rect; •nd all fire •nd w~nd?rorm iniurance policies on •ny of ~aid buildinys, •ny intcrest there~n o~ part thereof, in the ~ggreq~te sum eforese~d or
In ?aces~ ti~ereof, sha(1 conrein rhe ~e~ai srsndard mvrtgegee da~~e or iuch orher cls~se s• the Mortp~gee may roqu~rs, m~kin9 rhe los~ under se~d poli-
cie~, each ~n~ every, peyeb!e to ieid MORiGAG'E a• its intere~t rnay eppeu, sna eech and every iuch palicy snall be promptiy asa.gned end detivered to
•ny held by te~d MORTGAGEE a~ ~unher seturity to sald mor~gage debt, snd, not less tAsn ten (10) day~ in adwnce of t},e expiration of esch polfcy, ro dr
liver to seid MORTGAGfE a re~ewal ihereof, together with e rece~qt for the premium of wch renewel; and there sha~l ba no fire or windirorm in~uronce
plecsd on eny of ae~d build~~ge, any fnterest thereln cr part thereof, vnle~s in the form end w~th the loia payable es afnrr~aid; end in the even! any ivm
of m~ney becomes payabte under ~~ch po;~cy or po;;cies sa~d MORTGAGEE nhall have the optlan to receive end appty the same on accoum of the indeb!ed•
nsf• ~ec~~ld hlieby or to permit aald MORTGAGOk$ fo receive and ~se it or any pa~t Th~reof Ic~ other pu~poses, wrtho~t thereby wa:~ing or impa~r-
ing any equ~ty, ;ien cr righ~ under or by virtue of thh mo~tgage; end in rhe avent seid MORTGAGOR5 iheit for e~y reeson fsi) to keep the iaid premisey ~o
in~ured, or fail fo deliver promptly any of sa~d pol~cie~ of insurence to se~d MORTGAGEE, or fail prompNy to pay f~lty a~y premi~m thcrefor or in eny
reepect fail ro perfonn, d:uherge, exec~te, effect, complete, cornply with and abide by th~~ covenant, or any pan hereof, •eid MORTG4GEE may plate a^d
pay for wch Inwrance or any part thereof w~thout weiving er affecting any option, 1ien, equity, or righ~ under or by virtue of this Mnrtgege. sr,d the
f~if emoum of each end every such peyment ahail be immed~ate!y due and payable snd shall bear interetit from the date therrof until paid et the rate of
nine per cemum per enn~rn and to9ether with such interest shal! be ~ecured by the lien of this morlgegC.
To permit, commi! o~ ~uffer r~o waste, impairmenr ur detericrotion of said property or any per: thereof.
S. To psy ell and •ing~!er ihe costx, charges and exp-nses, ~ncluding e reasonebte attorney's fte and coats of ab?t~acts of tifla, inc~rred or pald et
~ny time by ~a~d MORTGAGEE, becauu or ~n the event of the faiiure on the pert of the •aid MORTGAGOR to duly, promptty and fulty perform, di~charge,
sx~cutQ, effee, compiere, comply ~nr~rh and ab~de oy each and evrry the ~tipulations, agreements, cond~tio~f, end covenanes of ieid promissory note and rh;•
mortga9e any or e~rher, and ~e~d cosrs, chargea and expenees, each and e~--~, shall be immed~atety due and payable; wherher or not there be notice de
mand, ettempt to coi!ect or suit pm~ding; and fhe fuf( amourt of each en~ every wch payment ~he}i bear interest trom fhe date thereof until peid et the
rare of nlne per cenr,,m per ann~m; and aG sa~d ccs~s, charqes and expe~se: ir,curred or paid, rogether with such interest, shail be ~ec~red by the lien of th~~
mort~afle. ~ .
6. That ia) in the event of nny breach of this Mortgage or default on the part af the MORiGAGOR, or (b) ;n !he event sny of feid sumt of money
herein referred to be noi promptl~; end fully pe~d wirh~n rh~rry (30) days nexr after the eame severolly becorne dus ar.d payable, withou~ demand or notlce,
or (c) in tha evenr each end every the siipv~arions, agreements, cond;tion~ and covenants of ia~d prom~s:ory ~ote and th~s morrgegt any er Qither •re nof
~uty, promptly and fuily performed, d.scharged, exec~red, effected, completed, complied wirh and ab~ded by, then ir, dther cr any wch evem the ia~d e9-
qreqat• aum memioned in se~d promissory ncte then remaining unpeid, with interest atcrued, and all moneys secured hereby, shail become due and pay~
~61• fonhwith, or thereaftcr, at the option cf said MORTGAGEE, as tvRy and tompl~fely as if all of the said sums of money were Ongir.ally •tipuiated
to be pa~d on such day, anything ;r, sa~d rrom~ssory note or in this Mortgage to the contrary r.otwithstending; end theraupon or thereafter at the option of
tei~ MORTGAGEE, without rot;ce or demand, suit at law cr in equEty, tfierefore or therrafter begun, mey be prosecuted et if sil money~ secwed hereby
h~d metured pno: to its insritution
That in the CvP.rlt that at the beginninq of or at any time pending any suit upon tfiis Mortgage, o~ to fo~eclose it, ar to reform it, o~ to enforce
payment of any cla~mi hereunder, sald MORTGAGEE ihall apply ro the Cour~ having juritdfc!ion thereof for the appolntment of a Receiver, avch Covrt shsll
forthwith eppoint a receivet or said mortgeged property ali end sinyular, ~ntludmg all and singular the income, prof~q, issua and revenues frorr, whatnver
wurce derived, each and every of wh~ch, it being expreasly understood, is hereby mortgaged as if specHically sat forth and daicribed in the qranting end
hebandum dausea hereof, and wch Receiver shall have eN rhe broed and eHecrive tunct:ons nnd power• in anyw~se entrusted by ~ Ceurt to a Receiver, and
~uch appointmenr shell be made by s~ch Court as an admirted equ~ry and a matter of ebsolute right to ieid MORTt,AGEE, end wirhout reference to the
adeGuacy or inadeq~acy of the ralve of the property mortgaged or to th~ ~oivency or insolventy of said h10RiGAGOR or the defrrdents, end rhet avch
rents, prflf~is, income, issues and revenues shail be eppii¢d by ~~ch Receiver according to the lien or eQuity of seid MCRTGAGEE and the pr~ctics of such
Court.
8. To duly, prcmpt!y end fuily perform, discharge, exe.ute, effed, tomplete, comply with end abide by eech end every the ~}ipulation~, agreement~,
ton~itiona and covenents in sald promissory note and thls mortgage tet forth,
9. That in the event ihe ownership pf the mongayed premises, or any p~rt thereof, becomes vested in a person other than the MORTGAGOR, tha
MORTGAGE'~, iU wccesson and aasigns, may, without notice ro rhe MORTGAOR, deaf with such suaesso~ or wccessor in intere~t wfrh ~eference to thia
mortyaQt and the ~rbt hereby sec~red in the same manner af with Mortgagor without in any way vitiating or~d~scharging the Mortgegors' liebility herr
under pn~+'or~ fhe deht hereby secured. No sale ef the premises hereby mortgeged snd no forbearance on the part of the MORTGAGEE or it~ tucceown
oi ~ris~gni and iSa axtonsion oi rhe t~me for rhe paymenr of the debt hereby iecured given by the MORTGAGEE or it• •uaessars or asslgns, shall ope~at•
!o r~l+u~, discharr~~, mod;fr chenge ar effeq the orig;nel liabil~ty of the M02iGAC,pR htrein, rither in whole or in pert.
10. It is spetificatly eg~eed shet time is of the essence of thit contrati snd that no waiver of any obliger~on hereunder or of the o5ligetion cs•
~und her~by tiull et any rime thereafter be hefd to be e waiver of the tarma hereof or ot the insnument sec~red herby.
t i. M addifiort fo. the forego~ng monthly paymer.h of print pa) end interest required oy the prom;ssory note secured hereby, mortgsgor covenants
s~d s9ree~ to pay to raortyagee with each mon~hfy payment an eddition~l sum est~mated by m~rry,,;~ee to be equal to i j 12 of the ennua! coet of the fol!ow-
~nq: - ,
`•_~~A--M1:Pyatproppity texes tev~ed or essessed again:t the above deeaibed rca! eetate.
" 6=Pren+ibm~ an fire end windstorm inwrance a~ herein req~~red to be carried on tht imp,-ovementi s~tuate on the above ~escribed premiser.
C-Premi~ms on suth mortgage guaranry insuronce as mortgaqee shatl from time to tlme deem fit to carry on the lonn iecured heroby.
Mongagee shal; from time to time notify mortgngor in writing of the amount du~ and payable hereunder and such tvm shall thereupon be dua ~nd
payible on the due date of the next monthly paym.ert and eech successive month thereafter until mortgages shall not~fy morrgagor of s change in tuch
smount. Such •ums +he!I be appiied by mortgagee toward the payment of real property taxes, imurence premiumt, and mortgage yuerenty insurance
premiumt.
IN WiTNESS WHEREOf, th• said MORT GOR hai hereunto tct hi~ hend and sea! the day an/~~at aforesaid.
Siqned, slyd snd d rv in th prexe a of: F ~ C~, C p nn D ~
~ ' ~l~:I~~ !t~'~ui~__~OOK e?~
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~J _ _ . ~ ' i ~ s r. j.c' a~1
! / _ C',+c 1..,•l~ - ~il)
~ ` '~5 ~ P;•~ : 08
STA1E OF fIORIDA
~ _ ~ i ~ ~
CDUNTY {~P'~'~~r #+LiC-{ k ~ ~ ~ . 1 . S ~t ~ ~1 K
~fQ~i!,n1'pt~bnrx'f_~D~ered a1~J ~4~'ICj~ 1 ~I - - end
~.L_, ~T, C OT'~LIQI~IL~I~t'1T'O° ._W,__ hi~ wifs, to ma wefl known end known !o m~ ro b~
tf~ individu~l~ destribed'~n•,and who sxecuted the foragoinq initrument, snd icknowfedaed brfors ms thet they exscutsd the iame for th~ purposes
tM~a}n exprs~sed. Arad Ihe tai~ C UT'a Il~ Iyionroe
wif~ of t}» aald - ~ V~C~ NiOT1T'O° upon a ~ep~r~ts •nd priv~!s
~x~minstioq by.rr~ teken uper~!tm ~nd epert from har seid hu~band, ecknowledqed to md deforA me Ihat sfie eze<utad ~sid inttrum~nt fretly and vol~rr
tarily ~nd without eny cornoulsion, consrraint, eppreheriion, or fear of or from her ssid huaband.
'WJ7NEZS my bend and oft;c:el uel thia_ aay Novemb T' D. 19~
^~G
Notery Public in ~nd for St~t of Florids at l~rp~
My Cemmitsion •xpir F~
Rerurn To: ~
Citi:ens Federal $avings & Loan Associ~tion ~
of St 4uci• County •
ft. Fierce, F;orda ~ ~ ~7~
1~U ~