HomeMy WebLinkAbout0617 3. TO plac2 and con!inuously keep On the 1a;.~~cl~ngs nox cr hrrcetter s•t :.~tr c•n sa'd land and on a:; cq~ipment end peraonaiiy CUVered by ~Fii3 mor~g'
ege, w;rh ei{ premiun'~3 ihe~eon pd~~d in full, hr~~ iiuur.:r~,c:: ~.~~~.+I s'.+~~:±~J p;~~.c~ fO~n~, in a s~.~m aFprovad by the MVR~~~%+G~[, and winvSWini
insurance in the usual srandard No'.cy tor~n, in a si~m ~o~~d t:y !he ,ti1JKTGAGEE, in such ce^~{~a~•y or co•npan:ei as the h10RTGAGEE may
t~ireCt; encl dli fire and w~ndsfonn insurance po:ic~cs on any of sa~d bund~~ngs, any intera~t ihe:c;n :r parl ~h;~ieut. in ihe ag)rrgatc sum aforesaid or
In axtess thereof, shalt contain the usual sr;nda~d ~nor'~+_;.'e cause or s;;:h o:her uoose as tne P1lortgay~e ~nay rec~u,re, maS~~~~g ~1'~e icss unJcr sa~d po!i-
c~es, each and every, payable to sa~d MORTGAGEE ~s ~n ~r~~•rc•st rnay appear, ,~nd cach ~~rd eve•y such F:o. .,r shali be pron.Nt'•y ass gn~-d ;3nd delivered ro
eny held by sa~d MORiGAGEE as furrher s^curity to sa~d o•~y.+~e d.,~r, and, not !ess than ten (IOi d~~s :~d~~nca of ~he eap!r~i~en of each pol~cy, ro dr
liver to said MORTGAGEE a renewa~ thereof, toge~her wi~h a rca~ ~ t for th=_ prr~nlv~n cf such renen~~; and thrre sha!~ be no f.re or wi:~dstcr~n insuranc~
pleced on any of sa~d 'o~ildings, any interest there~n or part rh~.~iroi, u r~ss in the fonn a~~u ,~~'h the !ess payab:e as afoiesaid; and in the e~ent any :um
of money becomes payable ~nder such pe!i[y or poi~cies aaid h1~kTGAGEE s~'~~il have the e~~t~en to re:elv~ .~ncl apr:y Iha sa~ne on acco~~nt of the i~~drbtad-
ness secured hereby ~r to permit ~aid MORTGRGOR~ ro receive and us~ it or ~ny p: rt ih.~r. of t~~r otii• !~:ur~:os~-s. ...~i:; .:t th: w~~.~':~ ~"~i~
ing any equity, lien or right under or by virtue of th~s mcr~yag~•; and in th~ event sa d h10RTGAGORS sh.~ll for any rcason iai! to kcep rhe sa~d premisri so
inwred, or fail to deliver promptly any of said pol~c~es of ~~~sura~:ce to sa d~ti~OkTGAvEE, er fa~! promptiy to pay fu~ly any Fv~ n~u:n therefvr or in a~y
respect fail ro perform, d~scharge, exec~te, effrcr, con~p'e+~~, co~npiy wlrh and ~b~de by th~s covenan~, or any p_,rr hereof, said MGRT~AGEE may piaa: a d
pay for such insuranct or any part thereof w~tho~t waiviny ur aifrcting any option, lien, eq~~!y, or righ! ~ndar or by vi~t~e of this ktertgage, and the
f~ll amoun? of each and eveiy such paymenr shall ba ~mmed~ate;y due and payab!e and shall baar in!erest from the date ther~~of umil p:,id at the r~te of
nine per cenrum per annu~n anci to.l_~th~~r ~n~th such i~~teres! sha~~ br~ secur~~J Ly ihe lien of th~s mor?gage.
4. To permit, [ommit or suffer no ~vaste, im.paim,ent or d~~tericr~t~cn of sa~d propeny or any part theicof.
5. Te pay all and singular the costs, charges ard ~.~E;ei:5e5, ir,Ciuclinc~ a reasonable a+rorne;'s fee and cosrs ef anstrac?x of t~t!e, incurred or paid at
eny time by sa:d MORTGAGEE, because or in the even~ of the fa~lure or, ~he part of the said 1~10RiGAGOR ro duly. pro•nprly and fuliy pe;rfonii, d~scharge
execute, effecr, complere, co~nply w~th and ab de by ea.h and avery rhe st~p~. at~ons, agre~~~ncrns, cond,t~ons, and covenants of sa~d prar,~sso~y note and ~h~s
mortgage any or e~ther, ar.d sa:d costs, charg~s and exFCr.ses, eaci~ and ev-rry, shall be imm~~d~,ar~~'~ d-.c and payeb:e; whe!her or not there Le r,ot!ce de
mand, attempt to co!~ect or suit pend~ng; and ~he f~ll aino~.~t of e3:h a,~d every wch paymeM sh~!: interest from the date th~reof unril paid at ihe
rate o~ nine ~,er centu~n pcr annu:rr end all sald costs, :'r,i~grs a~~.d ~x, e~•sas ir•curred or paid, tog~thcr .v:tn sucti inferest, shall be sec~red by the Ilen of th~~
mortgage.
6. That (a) in ihe event of any breach of this Mortc~age or de'au~t on the pait of th~- MURTG~~GOR, or ;k;~ in th~ event any of sa'd sums of money
herein referred ro ba noi pran~>!iy and fully pa~d v.~ih;n th.rry ,3J` da;s ne..+ o•~~:~ tnc s,vne se.e-a':; becone d~e and payab!e, wiihout demand or nctice,
or (c) in the event each and every the st~pu:ar:ons. agreemenrs, co~:d~'~o~ s and covenants oi ss d pron,~ssory no;e and ~h s mortgage ar,y or either ere not
~~ly, prompNy and fuily perfo!med, ci scharged, execur~=d, etfe,ted, co~np'etc~d, co~np!led w~!h and ab~cl~~d `~y, then in enher or any such event the sa!d ag~
gregate sum menrioned in said prom~sser, nefe then rema~nir.g ~npa~d, w~th inter•;t acaued, ar,~1 a:i mone,s secured hereby, shall become d~e and pay~
eb;e forihwith, or thereafter, at the opr~on of s:a~d hIQRTGAG~E, as fully and comp'Ne!y as if a~i of tt,~~ s,,~d s~~ns of monay were or~g~naUy st~pulared
to be pa:d on such day, anything in sa,d prc~,;ssory note cr in tn~s h".or.nage to fhe rontrary not.,,~hsrand~ny; ard thereupon or thcreafter at rhe opt~on of
said MORTGAGEE, without no!ice or demand, suit at Isw or in equ~ty, ti~erefore or thereat~er begun, may be prosecuted as if all morn:ys sewred hereby
had mar~red pnor to rts insht~tion.
7. That in the even! rhar at the beg~nn'ng of or ar ar•; ~~me pend~~~g any su~t ~~pon ~h:s Mort_ryage, or to foreclose ir, or to refierm it, or to enforce
payment of any ciaims hereunder, sald 1.tORTG:+GEE sha;i ,.pE;ly ro ~he Cc,,-i ha~~~~g ;~-~sd.cr,en rF,e~;eof fc~ fhe appo~ntment of a Rece~v~r, such Court shail
forth~vith Appoint a receiver of sa~Fl mortgagad propertr a;l and s~n~u:ar, inc;ud r~g o~: a~~.d s n~c ar i'•e in,or,~e, prof~ts, issues and revenues from wh~tever
wurce derived, each and every of ~,~h ch, ~r be~na express'y u~2ders~o:d, ~s Fe:euy ~ro~~g _;_d as ~f s,:ec f~c~Iiy set fo~ih and described in Ihe g~anting and
habend~~m eia~ses hereof, and such Receiver sha~~ have aIl the Ur~ad and effecr~~e t~~~ce c:,s or,d F~or.ers in any.ti~se emrusred by a Co~rt to a Rece~ver, and
fuch appointment shai~ be mr.d~: by such Ce~rt as an ad~-~i»_d equ~ty ar.d ~ e aiter ot abs~~ ure r.gnt to said MORTGAGEE, and without reference ro the
edequacy or ;nadeq~acy of ~ne va!ue of the properry mo~rg~ged or ro rn~_ sc ve.^.cy ur ~~...,.:_nc; of sa:d MORiGAGOR or the de!e,~da-~rs, and th_t such
renrs, profits, income, iswes ard revenues snall be appued ~•y s~~ch kecei:er ac:erd.i~,g to tF.e lier or ryvity of sa;d lL1URTGAGEE and the pracrice oi such
Court.
B. ?o du!y, prompt!y and fui'y perfo~m, d~s~harg=, execute, ef~ect, :on~,p!ete, ccn w~th and o:,~ide by each ar.d every the atipulations, agreementi,
cond~i~ons ar.d covenan~s ~n sa~d promisso~y nc~e and ths rnortga~e s~~r for~h.
9. That in the event the ownership of tn~ rnortgaced pre-^:ses, or any p~rt ther:~ef, Lccanes ~~ested in a pe~son o~her Chan the 1hOR?GAGOR, tF~e
h10R?GAGEE, irs wccesscrs and as5fan5, may, ~v~+hour r c!;ce to t1,e .'OETGi.G3, dcai w~!h such successor or Wccessor in intcrest with ;eterence to tn~s
m:ortgage and the d~b! hereby secwed ir: the same m,,~ ~.~~r as v.~tt: `.,~rt~a~or •,,.tn~u! i~ any •,viy v~?:atirg cr d:scha~g~~g the tAorgagois' tiabil~ty here-
under or ~pon rhe debt hereoy seccred. No sa.~ of e F re•: .s•~s h_-_b~ ~ o~tyeged a• d r,o forEeara~~c^ on the `ari of the .r,1pRTGAGEE or its successcrs
or assigns ard no extensian of the tim~ for !h~ F:a~~n~~••,t o~ t~;r de~r h~,~ci,; s~•.~rcd g~.cn b~ the r: GR'GAGEE cr its s~.cesso;s or ass.gns, al-~all operate
to re~ease, d~scharge, modify chanye or cffecr the c~~~,nai il,,;~ .;y of ~ne ~:,CRTGAGuk f~ere!r, either ~n who~e or in part.
10. It is s,r,ec i~cally agieed th;t ti~ne is cf thc .sse::ce of th~s co :'r„cr ar~d tFat no wai:er ~f ar,y o6i'c~atlcn hereur;der or of ihe obiigation se-
cured hereby sha!i at any tin,e !hereafrar be hel:.+ to b_ a r:::~v_~r cf tF,e tern:s hrrecl or of tl;_ i•,strur;.cnt s;;r~red herby.
11. In ~ud.r:c ~~o r%., ioregc cr•~r y p.,,., ~~s d ~ -,s .c.~, ~-d i~ ,,,c, ,~r; s:=.~•.d t•: .rbr', mort~~gor covenanrs
and a~rees to pay ro ,,.o-tgagee ~n~th ca.^. :,n!i~~ ~ . . s~.: n , . . ;~cci ~.,c•~ , , j~ _ to tc., r.~.,ai to i 12 ct an^~,~al cosr ot tn~ foiiow-
in~:
A-Ail real property taxas !ev:.d or asses~,-: i s~ ti-_ d_;: d._
6- Pr. . , . , on f~re a~~d ;dstor . ~es„ . . ~ . . , . , to u ~ c~ _ c r',,- ~s _ t,,. _ en t;•:~ at_~.~ d ;c~it~ed premises.
C-Pre n„r. s o? such rtgree guara^'y ~rs_ra ~ :,s t~ 3_~e., sha l fr. ~ d..e.,. f t to ca~ry on the foan se.~rcd h~reby.
'~",er!g:~gee sh, , frc;n t !e _ _ 1, ~ o~ ~ , , , ..--i ~i~'~ he•c., a - ar,d s, ct. sha ~ Ii~zreuF,on be due e ~d
payable on th~ d..e c±are of rF_ „xt , o^th , r,_~;., ~ y r. c~ ,~th tr._ ~ mcr~c:,~~ sh,:'I ro!.fy r _ger ct a char.ge in s.;cn
en,o~~nL Such Surns Sra,l ba a;:~, ~~d r,r n~~o! c~ f. ~c_ _rt~ ':~x~s, inr~ra, , ere~r,un~s, a~'d ^'c't~age guardnty ir5urance
premiums.
IN \'~ITNEJS '.+HERcOF, tF~e sa~d h":ORTG:.G::?. i,js r-rc: ~o vat h:s h~ru' znd sc~: ti~:~ da~ ar,d ~ear first z'cresa:d. i
5 ed, 5 led ~ivered in tne prkserce o.+: ~
~ ~ ~ 7 ~
~ ~ , ~(~~'l'~ L LL{ L~` ~ (Seel)
- ~ ,
.~~-7--~ - ---ts~e~)
l~. (Seal)
lSeal?
;?ATE OF FLORIDA '
? S5.
COUNTY OF •cit, I.,UC18________ I
S o r~ i a M i k i t~. n a w i d o w___ X~~
Before ne persc~aliy aPPe=red - P-:-- ~-----s-----
- --_----------___~ii~~i~e~to me weil knc.~n and kr.or-n to me to be
the ir,dividuaii~described in and wno exewted th~~ foregoing insirument, and ackr.owled~ed before me that they executed the s:me for the p~rroses
therein expressed. ]~'p1Q}Q~~(~[_____ _ _
~~t~caxmcxa+~c----- _ _.__,x,~a.~xe~~c~c~.~coc~.~c
x~c~caa~~c~a~r€~nc~~~~~~ ~~a~aca~ct~~xas~at~d ~~~cx,~~~x,x~ct,~ax
~x~hex~~x~c~c~eag~ic~c~e~a~~x~c~~~xh~x~ti~e~
WITNE55 my hand and offic~al seal th~s_ day o ovember p, p, ~q__6~
-
Notary Pub!ic in and for the 5tate of Flerida at large
~ My CCm~t~55fOn ExQirei: A~ Zd ~~y
Ret~_~m To: r Q ~4• +
Firai federal Savirgs 8 Loan Ass~c::t:or. R~G
Of Ferr Ptrc:. ~Q~~
Fcrt Pi_~~ee. F~o•~;,+j {~~L.~~~~N(~~ ~Jf ? NOTARY PUBLIC~ $TATE of FLORIDA.3t FJtRGE
v._~ f~_~~ MY CO`,;",'S~iO'~ EXPI~ES APR.,•24, 1969
~ ~ /~~~I A~ • 2~ . . .
'65 2~ R ~ ~ j ~ i ~
. . ~ ; . ~ . .
_ , ^ ~ Jv~~,; .~:;~i~~~~o~~,-~ .
_ J~. ~L1COR~D~,
: . . ^ - ~ r
~ - _ ~0 1~~ 1~
~