HomeMy WebLinkAbout0872 And saisi Mar*gag~o~s, for rhemxlves and +hc~~ hein. teqil repcunNtive~, wccrsawt K+d ~su~qro. h~ereby jointly and ~~Ily cow~+ant a+d ~qrM
ro and w~rh nc~ ra~d MURTGAGEE. ~rs wccessors and assgns:
1. To psy s11 •~d t~nyvla~ thc pr~nGpsl •nd ime~est and the wnous and s~rxlry wms of navwY paYabit by virt:~e of s~id promisaory r~~, and thin
mwtgagr, cath and ewe~y. p~or+~pNy on ~he days respect~~rely the s~me sswr~lly b~corne du~.
2. To pay all and s+++guiar ti+e tazes. ~ssessmrr+», le~iea. liabilities, obliyations +n9 N~tw+~br~nc~s of wtry n~tur~ Md ki~d now o++ ssid dNtrib~d
Prope~tY> o~ tha~ herrafter may be i.n-~osed. svf4ered. P~~ccd, t~vied. w~asss~sd tl+er~. w tMt Mrtah~r may b~ 1tvi~d o? ~atw~d upon tAb ~Monp-
pe, w tAe dr?d~b~edness sea,red hcrebr, sach ~.+d every, wAe~+ due s~d pay~ble, accardirg 1o t~w. b~fa~ they betn~+n~ dalk+~em. and b~fo~t uryr int~+~s~
artachrs or any pcrufty is incunrd; AyD INSOFAR AS ANY THEREOF IS Of RKOItC~ TME 511ME SMAII 6E PR0IMPTLY SATISf1ED AN~ DISCHARGED OF
RECQRD ANU iME ORIG11~A1 OFFICiAI DOCUMENT lStKH A5. FOR INSTANCE, THE TAX REL~IPT OR iHE SATISFACTION PAPER OfFIC1AllY ENDORSED
Ok CERTIf1EDi SNAII BE PLACED 1N iHE H~lNDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXi AfTER PAYMiENT, and in tF+~ event tfiat aey ther~of b no1
paK1, sat.sfied ar~d d=xha~gcd sa d MOR:GAGEE ~ay at any time pay the same w any part thereof without waivirq or affettinq any option, (iM, ~quity or
•pfit uAder a+ by v~rrue of rhis mo+~gage ond r1x ful! ~moum of exh and every such paymcnt ahall be imrr+ad~ately dw ~nd p~y~ble +nd sh+~~ b~+? ~+?tKS~~
trom fhe d~tr rhe.eof u~it~1 pa~d ar ra!e oi ~iqhf per ce+i~vm pt~ an~um and toqeti+er w~th futh interest ~hall be secured by The lien of th:s mwrqtape.
3. To pbc~ ~nd ~ ke~p or+ th~ buildinpa now or hs»ahw wtwh on said land r+d on a!1 ~quipnwnt ~nd pwsw+s~h~ corM~d bY 1fi4 mo?R
r,~, ~ri1A tU pro~++iu~u tF+++*on p+~d in full, firs in:w~nce in Ms wwl ~Undard policy brm, in • sum ~pprowd by th~ MORiGAGEE, and windstorm
i~rur~na in thr usuat a~ndsrd pd~cY forn+. in • wm ~p~p.owd by tF+~ MORTGAGEE. in such caenpany or con+p~w+i~s M tler A101tTGAGfE m~y
d'r~cr: and ~ft f"+r~ and ~rind~xxm 'w+wr~nu policies on ~ny of said build~nqr. ~ny interest 1Mrei~ a p~rt tFwr~of, in tht ~qq~pat~ wm ~fw~id or
L? aar4M~ rlrrwf. ~!»!1 contain elr Ws+»I st~ndard mor~y~y~+ cl~,s~ a wch orh~r dw~e as tM MwtyayM m~y rp~+in. nwki^0 t1+t Iw~ w+d~r ui~d po1F
a~a, wel~ a+d ~wry, WY~bI~ to s~id AAORTGAGEE ~s its inMest maY ~pp~ar. u~d e~ch u~d wery wcfi policy shdl b~ prdnpt~y aas.~n~d ~nd ~liwr~d to
~ny Atl~d by w:d MORiGAGEE as fv.Hxr sECU~~ty ro a+~d n+orqrp~ ~bt, snd, not Ip~ tfian ten (10) d~ys i~ adwar~e of th~ ~apiration of Nch polity. ro dr
liver ro wid MORTGAGEE s re~ewal tM+ereof, toq~tha witfi a recsipt Fer the premium of auch rM+aw~l, ~nd Nwr~ s1+~11 b~ r+o firr or windstarn irowarx~
p1~c~d an arry of a~id bu;4dinps, u+r ~nmest therain ar p+~t tt~e?wf, unlesa in ~Fx form and w+rh the bu payabl~ ~ ~fores~id; ~nd Hr t1w ~w~+t ~ny wm
of moe~ey becon+es pey~We vnder such policy w po1;c:K said M~JRTGAGEE shall havs the nption ro receiv~ and ~pply ttw ssrtr o~+ itcow+t Of tM ind~bt~
nras s~cured h~r~by pr p permit said MORTGAGORS ro recaiw and use lt ot sny part thereof fw othef purpasea, without tfiereby w~ivinq or impair-
inp arry quity. 1'wn or riqht ur+der w br virnro of this mortqp~: ~nd in the event said MORTGAGGRS sM~l for ~ny rtasor~ f~I) to k~rrp N+e s~id p~~n+ite~ w
ins~rtd, or fai) to delive~ psornpNy sny of said pol:cia of iruw~c~ ro said NtORTGAGEE, or fail pr~omptly ro pay fvlly ~ny premium tMr~for or in ~ny
r~apact fail to perform, discharQe. e:ecvtr, effecf, camptete, comply witfi arid ab+de by t4~~s crnenam, w~ny pan hereof, said MURTGAGEE n~y plip •nd
pay fd Nxh inwrr~ce w any p+rt thereof without waivir+q or affectirg ~ny option, lien. equity, or right unde. w by virtue of rhis Mort9ay~. ~nd the
fvU ~w~um of wcfi u~d evwy such peYme*+t shall be 6mn+adiiro~y dw •nd piyable u+d :MII bear intcrest from the d~ta thereof until paid at rFw r~t~ of
nor~ paY Ca~tvm pp ~nn~m snd toqet!xv with such interesr shalt be ucured by the lie~ of thia mo~tyape.
To pe~mit, cor~nit or wffrr no wsate, impairmem ar deter'~o?~tan of said properfy a ~ny p~n iFxreof.
S. To pay all ~nd un~ut~r Nwt cos», chsrgrs ar+d expenres. inttudinq ~ rrasonable attornry's fee +nd cosri of abstv~cfs uf title, incurred or paid af
~rry time by ~sid MORTGAGEf, becaux or in ifi! QVMt Of 1~1! f~ilLf! On rht Wrt of the said MORTGAGOR ro duly, promptty and f~lly perfam, discharg~,
~x~arti, eff~et. oompleta, con+plY w:rh ~nd sbdde by sach ~nd rvery tfi~ stipul~Yro~a. aqr~mtnts, ccxditions. ind covenan:s of said promiuory nol+ and thii
mor9q~e ~ny w either, and sa~d cwh, charfles ~nd expenxa. esch ~nd every. fhall b~ immediaiely due and piyabts; whether o~ not there be notice da
m~rxi, rteempt t~ colt~tt or wit pend~ng; and tFx ful! amount of each and every sucf+ paymern a?~e11 bear interest from the date *hereof until paid •t rh~
rete of nine per centum per anrt~m; and sii said rosts, charqes snd eapenxa incurred w paid, laqetfiar with such interest, shalt b~ secured by fM li~rf of this
mwtpape•
6. Ttwt (a) i++ tF+e event af any breach of th~s Mortgaqe or defeult or~ tM pan of tfie MORTGAGOR, or (b) in the eve~+t sny of ~aid sumt of money
1»rsin trFwr~d to br not {uo+r+pNy a+nc! fu!!y paid wirhin th;rty (30) days nezt aftar the fart~e sever~lly became due ~nd p~yable, witFqut demand or notic~,
ov W in tM evsnr eath and every the st~pulatians, agrnemenh, conditiaru ~a~d coren+~ts of s~~d promiawry note •nd th~s mwt~aga u+y w~itf~er ~n nd
~uty, promp4fy and ivlly perforrt+sd, d.ufwrged, exec~ted, etfected, canpleted, complied with and abided by, then in either or ~ny ~uth ev~nt the s~id p~
Dre~at~ pKn rt~entioned in ssid ~romissory nota thr:i remainirg unpa~d, with interest actrut~d. ~nd ail moneys securod hereby, ahall becon+a dw and paY
a41~ forthwith, Ot NYlMfiN, a~ tl+e option of u~d 11hORTGAGfE, is tvlly ~nd compktely ~s if •11 of the sa~d wms of money wxa or~yin~Ily stipul~te~
p b~ ps;d on wch day, enyth~ny i~ sa~d promiasory note ar in tfi~~ Mwt9~ge to ths conrrary norwithstanci~nA; ~nd there~pon w thero~hs~ ~t the option of
aaid 1NORTGAGEE. witho~t norice w deeriand, wit at I~w or in equity, therefwa or tharesfter begun, may be prwecvtad ~s if sll rta~ya sscur~d henby
had rn~twed pnor ro its iristiturim
7. Th+t in N+e cvcnt that et the brginn~ng of or it any time pendinq sny w~t upor~ rhi~ Morfyage, o? ro fwetlos~ k, w tv reform it, w ta rnfom
p~ymeM. of ~ny ds7ms hcrevnder, said MORTGAGEE shell apply to the Caurt h~vinq jvrisdictler~ thereof fw the appointment of a Receiver, such Court shall
iorthwith appo~nt • receiver of uid morty~ed property •II and singular, includ~~g afl snd sinqular the irxome, profita, issuss +nd rsversuea from- ~vhatw~r
w~xcs derived, erch a++d every of which, it bairg sxpreasly urxlerstood, is hereby mo~tgayed as if tpecifically ses forth and destribed in tir orantiny ~nd
h+bendw++ clauses hereof, srrd such Reteivrr st+ill ha~re all thc broad •nd effepiw funct~ons u~d power~ in ~nyw+se s*+trusted by s Covrt to a Receiwr, ~nd
wch ~ppointment shalt be made by wch Court ~a an ~dmittad equitr and e rtrt»r of ~bwluro riyht to s~id MORIGAGEE, u~d wirfiovt rofqtnp to tM
~eqvacy or insdequacy of tfie rafue of tlie property mwtgaged or to the w~vsrxy w i~wlvency of uid MORTGAGQR 01 N1! f;OffRd~~111. ~nd thet f~ch
rsnt~, profits, incwne, asues ~nd revenues shall be ~pplied by ~uch Race+v~r +ocordinfl to the lien ot m+quity of said MORTGAGEE and tFw pr~ctiu of such
Court.
8_ To du~y, promptly and fuliy perform, discharge, execvte, effect, comQlete, tomply with ~nd abidf by e~+ch and ~very the itipulatdons, syreemenb,
mr~drticru ~nd oovenaeits in said prom~asory note urd tha mortysye set forth.
V. Th~t in the event thr ownenh;p of the rt+ortq+qed premesea, or sny part tfxreof, brcomet wast~d in a pr+wr+ ather th~n ths MORTGAGOR, tM
MpRi(i,AGfE, i» svccrsson •nd assigna, may, vvitFwut not~t~r ro the M4RTGA17R, deal with sucfi succrssa w evccessor in i~terast wirh referrnte ro thit
erwrt~pe a~d the deb~ hereby sctured in the stma manner p with Mortya9w withovt in ~ny w~y vitiatirg w dissh~tpiny tM Mortflsgori liability F~t
?R+dM or upcm tiie debt herrby secured. No sa:e of the ~~mista IKreby moAyag~ed u+d no fo.bearance on the pan of the MORTGAGEE w its wecssson
or asaiyns w~d no exTmu~a+ of M+e tir.x for the payment af tM debt F~er~by aec~red given by the MORTGAGEE w ita sucuasors or assiy~a, ahall op~rsts
b r~M~y~, d+sckrp~, mc~letr cMn~ rx iffect Nre oriyinal liability of tfia N4URTGAGOR herein, riMw~ i~ whol~ w in part.
10. It h apedfiully agreed that rime is of the euence af thii cuntrscr ~nd th~t no waivx of any ob;iyatio~ herevnder or of the obliyation c~•
~vrrd h~r~bY stw1l st any time thercafter b~ k+eld to be e weiver of Nw termf hereof or of the inarrumem sec~red Mrby.
11. In atid~tion xa the farega~reg rnontfily paymenh of prirtc pal and ~nterest required oy the prom;saory note secured htreby, mortgs~ot tavensny
snd sprses to pay to mortgagee with each mo~th4y paymeM ~n ~dditional sum estimated by morr~cgee to be equal to 1/12 of the ~nn~al cost of the fofbw-
+^D~
A-All ral property taxes kv;ed w aasessed sgai:,st tt sbove drscribed resl eatate.
B--P:emiums ort fire arwd windatorm insurerxe u he~ein requ~red ro be ta+ried ~ the improvemenq situate on the ~bove desc~ibed prrrnises.
C--Premiums o~ such :nortqage guar~nty insurance ss mortyaqee fhaH from time to time deem fit to carry on th~ loan scrurad hereby.
Morty~ee shell from time to t~me norify mortgsyer in writ~rg of the amo~nt due •nd psyable hereunde~ ~nd wch wm shs{I thereupe~ be dw snd
p~y~bde ors the due datc of the ~ext monrhlY paYment ~nd aath s~rtcesiivs month thereeher unti~ mortg~gee shall notify martgeg~x of a clu~ in s:xh
•rtio~nt. Sixh ivms al+~!t be +pp'ied by mortyegee toward tM paY~m of real property t~:ea, insur~rxe prem;vms. and rrwrtqaq* ywr~nty insuranc~
~tmivwN.
IN WITNESS WHERfOF, tE+~ said MOftTr~-~o ~et Fus Fwnd and se~1 the day ~nd ye int aforesaid.
s;a, s..,u.d ,nd a ,e,. ~1~R E C 0 R D E D t
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S1ATE Of RORIDA ~ l! I [_i ~ ' • • • ' ` ~
eourrrr oF S~ L~ ~ ~ i P fic ~ G~~ f~`: C L E~ K ~ : .
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e.to.~. s~. ~.andhi ~!~«fed ~ ~ e S e- ~ . ~ .
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- 'havers
his wifs, rA rr~ wall krwwn u+d' Mr~rwr~ te rtw .!O 6~'
IM k~idtl~•l~wcr~d in' and r~rlw az~cvt~d tM fapoinp ina~w~e~, snd acknowtedp~d b~fon rn~ th~t tMp ~}c~cvt~d th~ w++N ~or • t4+e purpci~~
' ~ ~ ~ ` A~i ce Chavers `
~,.~.r+~:~?~::.±.1 i~„t~ ,~w:.+ad.~.,,~.? - ~ `
,r,~ . - . • ~ Robert Chavers . ,.p.r.~..„a
~xam~lion .by nw Teki~ J ar~ ~t fram h~? s~id hwb~nd, acknowl+dp~d b~nd be4w~ erN that aha ~x~cvt~d u+d instrum~e+t fr~slp rr+d" valsxr
tariFj' ~id w1!hc~ ~ ~ny ~~'qFnat'airrt, s~r~Mns+«4 w fcr of ar from F~ safd lws6and.
1k;Ty6$S.!nY F~7 ~r+d ~qflk7at ~ral ti+a._ 2IIa dry ,oi Rl @ A. D. 14~
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. r ~ c,.. Norary k 1n ad 4w ~h of Fiarida at l~rp~
~ My tsmmi~sion ~acp+rra
Retv;n To:
Citizw~s ird~rat Sariwys i losn Assosirtiow Q~ 2VV
o~ St. taci~ Caart~r
N. Piecce, fior~cia SeGr