HomeMy WebLinkAbout2334 Anc~ faid M.o~tgdgory. for ine nse!vef and the~r heirs, legal repreeemativcs, succe?so~s a~d afi~gnf, he~eby jointly and severelly COVen~nt snd ~qrM
to end with the sald MORTGAGEE, iis succeascr3 en~1 ass~gn3:
l. To pay all and t~ng~lar fhE pr~nc~pal and fnterest and the var;ous and sundry sumt of money payable by vi~tue of iaid pfomhsory nott, •nd thi~
mongage, each end every, promptly on ihe days respectively thr xame severally be<ome due.
2. To pay ali and aing~ler the ~axea, assessmenh, levies, liab~lities, obligationf a~d entumbrarxet of every nature •nd kind now on aid destribed
p~ope~ty, er rhet hereafre~ may bc ;~-~po~ed, s~ffered, placed, Irvied, or aatessed ~hereon, or th~t here~frer may be levied w af~e~sed upon thif Mwtp-
age, or the indebredness secured hereby. each and e++ery, when due end payable, eccord~ng to faw, before they become delinqueN, and b~tor• any Inbr~u
attaches or any penalty is inc~rred; ANC INSOFAR AS ANY TNEREOF IS OF RECORG TME SAME SHAIL BE PROMPTLY SAT~SPIED AYO DISCHARGfU Of
REC~RD ANp THE ORiGhVAI OFF~C1Al OOCUMENI ~SUCH AS, FU2 INSTANCE, TNE tAX RECEIpT OR TIiE SATISFACTION FAPER OFHCIAILY ENDORSED
OR CERTIfIED; SHAII BE PIACED IN THE HANDS OF SAtD MORTGAGEE WITHIN TEN DAYS hcXT AFTER PAYMENT, and in tha evrM that ~ny thereof is no~
paid, sar~sfied and discharged sa d MORTGAGEE rnay a~ any t~me pay th~ same or any parr 'rhereof w~thout waiving or aHecting any option, lien, equity or
.iqht under or by v~rrue of thii niongage and ~he Iu1i amo~nt of each and eve~y such paymeM shall br immediately due end peyable a~d she~l berr iMerert
kom the date thereof uMil pa.d ar rate of eight per t8nl~m pe~ annum end together w11h wch i~te~esi fhafl be sewred by the lien of th s morqtaqe.
3. To plx~ end continuously keep on the buildiny now or her~sft~~ situate on ~~id I~nd ~~d ari a(I equipment ~nd penonally cov~red by thl~ mortp-
p~, wiih prrmiuma )harean paid in full, fire in~vrsnca in the uwel standard potity form, in • tum approved by t~» N10RiGAGEE, and wind~torm
Inwr~nt~ in tt» ufwl ~tanderd policy form, in a wm •pproved by th~ MORTGAGEE, in wch tnmpany or comp~nie~ a tM htOHl'GAGEE may
direct; ~nd stt firs •nd w~ndstorm int~rance policie~ on any of ~aid b~ild~r~is, ~ny iroera~t therein trr pert thereof, in th~ ~ggrey~te wm ~fa~id or
in ~xuu thereof, thsll contain the usuat sranderd morrgege~ cleuso or such other dwse a• the Mortfl~yae may requirs, m~kiny tM loa under s~id pol{-
ti~s, r~th tn~ wsry, peyable to •eid MORTGAGEE ai its interrU mey eppear, and each end every ?uch policy ihall be promptly au.gned snd d~livered to
any held by s~id MORTGAGEE ~s further iecurity to faid mor~gage debt, and, not lesf than ten (10) deys in advancm of thr •xpir~tion t~f e~ch policy, to dt
liver to ~eid MORTGAGEE a renewa! rhereot, rogether with s receipt for the premium oi wch renewal; end Ihere ~hall be no fire or windsrorm fnturence
plsc~d o~ ~ny of zeid b~~(din~~, any imerost therein or pert thereof, unfes~ in the form end w~th the los~ peyabla as aforoaid; and in the evant •ny •um
of money bacome~ peyebfe under wch policy or pollciee seid MORTG.4GEE •hall have the option to receive end apply the aame on account of tbe indebted-
n~ss ascured hereby or to permit safd MORTGAGORS to rece+vr end use it or any pait the.eof for o+her purpcses, without thereby waiving or impair-
Inq ~ny puity, lian or right under or by virtue of this mortgage; and in tha svent taid MORTGAGORS shel! for any reason fail to keep the said premi~e~ so
insured, or feil to defiver promptfy any of aeid pol~ciei of insvrance to faid MORiGAGEE, or fail promptly to pay fully any prem+um therefor or in any
respect f~il to perform, discha~ge, cxecute, effe<t, complete, comply with and abide by this covenant, or any part hereof, said MOFTGAGEE mey place end
pay for such Ins~rance or •ny part thereof w~thout weiving or affecting any option, lien, equ~ty, or right under or by virtue of this Mortgags, ~nd the
fvll emount of sach ond every ~~ch payment shali be immediately due and payeDle end shall bear interest from the date thereof until paid at the rat• o}
nine per cent~em per annum and fogether with such inter~st shall be secured by fhe lien of this mortgege.
1. To permis, commit or ~ufier no waste, impairmenT or deterioration of said property or any part theroof.
S. To pay all and singular the costs, charges snd expenses, including a reasonable ettorney't fee and cnsfs of abatrattf of title, incurred or paid ar
sny time by ieid MORiGAGEf, because or in the event of the failure on the Fert of the said MORTGAGOR to duly, promptiy end fully perform, ditichsrye,
~xscute, effecr, tompleta, compiy with end ab~de by eech and every the stipulations, agreements, tonditioni, and covenenrf of ~eid promissory note and thi~
mortyape eny or e~ther, end said coets, charges end cxFenses, each and every, ~hall be immeoietely due ond payable; whether or not there be notic~ de-
mend, attempt to co!led or wit pending; and the f~ll amount of each end every suth payment shall btar intereat from thr. date tnereot until paid a! the
rote of nine per cer.tum per annurn; and all sa:r! cosrs, charqes and expenses inturred or paid, ragether with such int4reai, ~hall be ~etuted by the tien of this
mortpeys.
6. 1'hat (a) in the avent of eny Sreech of this Mortgage or default on the pert of the MORTGAGOR, or (b) in 4he event any of ~e~d ~um~ of money
hertin referred to be not promptiy- and fv~ly paid within th~rly (30) days next after !he •ame severoliy become due and payable, without demand or nolite,
or (c) in ths evenf each and e~ery the srp~lations, agreementa, ccndition3 and covenenta of aa;d promitsory r.ote and th~i mortgege any or either •re not
~uly, promptly and fully performad, d:scharged, eaecuted, effected, completed, complitd with and abidsd by, t~en in either or any duch event ihe uici ag~
preyet~ tum mentioned in •aid promiseory nore then iemaining unpeid, with interent actrued, and all monoy~ ~ecured hereby, *ha!1 become due md pay-
•h~• forthwith, or thereafter, af the opt~on of yaid MORTGAGEE, as fuiiy end completely es if ell of the said sum~ of monay were orlqinsliy etipulsted
to bs paid On wch day, anyrhing in said promiasory note or in thii Mortgage to the controry notwirh9tending; and there~pon ot thereefte~ et the opt~on of
taid MORTGAGEE, without notice or dernand, suit at law or in equity, therefora or thereefter beg~n, may be pro~ecuted at if all moneys aecured heraby
h~d mat~red prior to ita inuit~tion
7. Thet in the event that et the beginning of or at any time pending any ~vit upon this Mo~fgege, ar to for~clo~e 11, or to reform i4, or to enfcrc~
payment of eny cinimi here~nder, sa~d MGRTGAGEE shall apply to the Court havin~ jurisdiction thereof for rhe appointment of a Receiver, ~uch Court ~h~ll
forthwith appoint e receive~ of iaid mo~tgaged property all and singuler, in~lud~ng ali and singular the income, prc~fits, isaves end revenuts tram whateve~
iource derivtd, each ar.d every of whith, i! being expre~sly underitood, ia hereby mortgaged as if spec~fically iet forth end described in 1F+~ yroMinq snd
hsbendum clause~ hereof, and such Receiver ihall have eli the broed a~c~ efFective funcr~ons and pawen in anywise cntr~sted by ~ Court ta a Recaivor, and
such sppointmant shaif be mada by such Court a~ en admitted eqvity and a matter of absolute ~1gM to seid h10RTGAGEE, ~nd without rofsrenq to th~
~dequacy ot inadequaty of the value o( the property mortgaged or to the ~otvency or insolvency of aaid MORTGAGOR w the defendent~, end rha4 ~uch
ronts, profitt, income, iasuet end reven~es shalt be applied by such Receiver accord~ng to the fien or equiry of aaid MORiGAGEE and the practice of auth
Court.
8. To duly, promptly and fully perform, d~scharge, execute, effecf, complete, comply wi4h and abide by each and every tha itipuletions, ap.•sementt,
cartditions and covenents ~n said premissory rote end th~s mortgage let forth.
9. Thet in the event the ownership ef the mortgaged premi~ea, or eny part thereof, betom,es vt~ted irt e pason other thbn the MOR7GAGOR, tM
MORTGAC,EE, ih succesoors and es~igns, may, without notice to the MORTGAOR, deal wi!h such succesior or successor in intereat with roference to thit
mortqafl~ snd the debt hereby secured in the same manner eE with Mortgegor withour in any way vifiating or ~d:ichergin~ the Mortgagors' liabiiiry here-
under or upon the debt herei~y uc~red. No sa:e ot the p••em~se~ hereby mortgegtd and no forbearan~r on the pert of the MORTGAGEE or ih tu~cesson
or as~ifln~ and no exte~nsion of the time far the peyment of the drbt hrreby fec~red given by the MORTGAGEE or iti suaeswrs or es~iyna,',thep operet~
fo r~i~p~, d+'sch~rpe, modify change or affect rhe ori,~inal liability of the MOR7GAGOR herein, either in whofe or in part,
10. ~t it •pecifically agreed that time is of the esscnce of tfiis comract end tfiat ro waiver of any obligalion henurly~ei ~or'of f~ ob~t~~tion ts•
evred heraby thall at eny time thereafrer be held to ba a vvaiver of the terms hereof or of the ins~rument secvred herby._
11. In addition to the forego~ng monthly payment3 of princ pel and interest requ~red ry the prcm:isory note stCUrla heleE3y, morty~gor covenant~
and ~prtes to pay !o mortgagee w~th each monthly payment an addnion~l sum es1~mated by mort~,.~ee to be equal to l,i (2:of fhe, annusl cost of the foltow-
it~: ,
A-All reel property texes levied or asscnsed against the abave described real eitate. ~ -
8-Premium~ ~n fire ~nd windstorm insurance es here(n reqvirod to be carried on the i~Tiprovements situate on the above.dclcribed .ptl~~sa1;.
C-Premiumt on wch mortgage guaranty insurence es mortgagee shall from time to time deem fit !o carry on the losn ~ecured h~reby:-•
Mortgegee shall from rime to time rrotify mortgagor ~n writing of the emount d~e and peyable hereunder end s~ch sum ahaU thereyporr bs dw •nd
payable on the due dite of the nexf monthly payment and each wccessive rnonth tne~eafrer until mortgagee :hall notify mortgegor ef ~'change in ~uch
emount. $uch s~ms ahe!I be applir~ by mortgagee toward ihe payment of real property taxei, in~uranta prem:vms, end mortgape puaranty insuranca
premium~.
IN WITNE55 VYHEREOF, th~ sa+d MORiGAGOR ha r o e day end yaer first af re~eid.
~ h~ ~ G~ ~ ~ -7
S+g Sesl~d and de ~er in the proience of; r. ;
~ ' iaGi~~ _:r n r v ~ ~ ~ ~
---~--p..,~~.~z ~
'U~ 2 9 FI'4 J. ~ 1 -~-•n
- _ i5e,q
, ~ fs
STATE OF FIORIDA ' ' S ? • ~
taurJrr ~ ,~,::r~~; Luc ~ ~ _ : ~ . , ~ . . , . ~ ,
• ~ ,
e+~. ~rr l~r,~~ +na.,A-ed ` ; ~,,~'.i~ ~s~~,~ ~r
• • • ~ ~ . ~ ~ ~ c G~n
~`T, y ~ .r_ •nd
~ ' '
1 '''~ie'` hi~ wife, to me well known and knoyvn to ms tq bt
M~ ~ci+p~! ~1n'7itd who exocuted the?fore9oin9 instrument, and ecknow{ed9ed before me thet rhey executed the ume for ih~ purposaa
M?~r!ihi~~x~s1{~d. Ar~d.rfw elid -"'''~'~'-'r~ ~:~~8~<<,OS?1"
. _i~"ta~ ~t• .~~.1°tS4,7S°i'
~~f~ - ' upon s ~epa~rte srxl prfv~h
~asminaHoq bK, ms tqk~R lopjreh end apart irom her teid hutband, stknowledqed to e~d beforo me that •he exet~ttd tiaid inatrumertt freely •nd volurw
frrilY +++d wiN+cvt a1~~-ZOmPulslon, con~troint, epprohamicn, or fear of or from har wid hutb~nd.
1AlITNE55.~v ~ ~''t:`~ r°"°"". ~ n .
y Mnd'ind ofticisl eeal this ~'ey of . r D. 19
' • ~ . , . ~.-r~
~ Notery ?ub~ic in ~n o th~ St~ts of Florids at Larg~
( My Comml~~ion • ir :
Return To:
Notary 4u~!~,c 5±?te ei F1or ~!a a1 1~.,,^
Citi:ens Federal S~rinys & Loan Assosiafion ~ `i` ~:,;~j~ j, I':U~
of St. tuci~ Counfy r/ly ~o[n~i.ssio ~ , , ! :
E;~<<, a _ - .
Fr. Pierce, Flo+ida j~ 'v r~
~,r,~, c~~~
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