HomeMy WebLinkAbout0231 1
3. io plan snd conrYw~ovaly kt~p on th~ buildirgs now a Mr~aiq~ utwa o~ iaid lu+d ~nd on ~11 eq~?ipm~m ~nd p~~sonally covK~d by this mor~¢
p~, with ~II pranivml therwn p~~d in full, fire inwranc~ in tly uiwl :tanda~~ policy form, ~n a tiwn ~pprowd by tlw AM7RiGAGEE. ~nd windatorm -
imunnc~ M H+~ ~rswl ~tandi.d polrcy forny in • sum approvsd by ehe JN7RTGAGEE, in a~cA tomp~ny w compa~ies q tM MORTGAGEE may
dir~ctj ~~d dl fir~ u~d w~ndiarm ir?surana policie~ oe ~ny of s~id bNld~nps, ~~y i~tKat therein w put Iherwf, in ii~ +~qrp~~~ wm afor~~aW a
M~xais tl+Keof, ~11 ca+ta;n tlw wwl qandud ma~~+pN cla~s~ a such o~her claus~ ~s th~ Mwtysye~ maY rpu'u~. maAFnQ tl++ loss und~? said pol}
cia. ~ach and tvs~y. paYabl~ ~o s~id Mf~RTGAGEE as its intere~~ may appN~, and euh and ~ve?y ~~ch pol~cy shap b~ prompty ass:9n~d and -deliwred w
~ny h~W by s~id MORTGAGEE a funMr s~curity to s~id mortpsp~ debt, and. na leu than ten (10) days in adv~nc~ of tM •zpirat:on ot sach policy. ro dr~
live~ to wid MORTGAGEE ~ nnewal ~hKeoi, 1oQ~thK with a nte'ept fw tM premium of ivch renew+lt a~d tMr~ sh+it b~ ~+o f'v~ o~ winds~am i~want~
plaad on ~ny of ~aid build'i+g~, ~ny interpt tMr~in a put tMnof, ~nleu i~ ~M fwni ~nd wi~h tM lou payabl~ as afor~said; and in tl,i ~wnt any sum
of mon~y becweNS payabl~ w~d~~ wch policy or polKiws aid NtORiGAGEE ~haU haw rM oprion ro roc~+w and apply t!w sam~ on sccount o1 tM ind~b~~d
+NSf aKw~d halby W b pKmit ~aid MORTGAGORS to rooeiw ~nd us~ i1 p a~y pa~l thereof fo~ othe~ purposls, wi?hout thereb~ waivi~y o~ unpair-
k+p anr puitr, li~n or ripht w~d~r or by vutw of this morty~~j and in tFw ~vent ~aid MORTGAGORS iF~all for ~ny r~awn fail M ke~p tM tsid premisa w
inw~ed, w fa11 b delivar prcxnpfly a~y of ~aid policies of insursrw to ssid MORTGAGEE. w a~r~N ro wr fi+uy ae~y Pre~^iwn thenfw p in ~ny
nsp~ct fail to p~rfocn~, disdw~ye, ~xacvt~. ~ffect, compl~t~, comply with and abid~ by thia covenaM, w any part hawf, said MORTGAGEE may plac~ ~~d
par fa wch i~waew~ p ~ny part the~eof without wahinp a ~fi~ctinq ~ny option, li~n, equity. o~ righf w~d~ a by virtw of this Mortyap~ u~d tM
full ~n+oum of ~ach a+d w~.y wd~ payment shall be wrun«Iwrey dv~ and payabl~ and ~halt bear inter~s~ fram tM dat~ thereof un~il paid a~ d?~ wa oi
nit~ pM tantwn pM annum ~nd toysther with sucA intereft ihall bs secured by tlw .:rn of this morty~.
1. To pKmit, apmmh or suff« no wast~, imp~irment w dateriwation of said propKty w~ny parf thertof.
S. To p~y all aed tinp~l~r th~ ~cotts clw~s and ~xpMtes. ;rKludinp a reason+bk attwney's fe~ and costs of absh~tts of titi~, inewrd o? paid at
~ny tim~ by ~aid MORTGAGfE, b~caus~ w in the ewr?t of ~he failwe on 1he p~n of tM said lNORTGAGOR w d~?ty~ promptly and f~lly pNform, diuMr~
~xecvt~. ~tfad, eompl~». oomply with and ~bid~ by exh u~d every tl+~ stipulat~ons sp~eement~„ condctions, and ooveeNn~s of pid promiupry nW~ aid thb
mortQ+~ +nY a ~itl+sr, ~nd sa;d costs„ charpe~ and ~aperKes, e+ch and every, ilwll be i~r~rnediately due ~nd pay~blr, whathe~ or nof th~r~ bt notice da
eww~, ~n~mpt ro oollecl ar t~it p~ndirg; and tM full amo~et of each and wery svch paymeM sM11 beu interes~ from ~M datt tl~eof ~ntil paid at the
rate of nins per centvm per ~rowm; snd aN said o6st:. charges and expen~cs inturred a paid, topNMr with wcl~ inttrss~, sMll be secund by th~ IiM of this
^~W~-
0. 1}wt in th~ went of ~ny lxeach of this AAwtpspe or defa~lt on the ps?t of the MORTGAGOR, w(b) in tM weet ~ny of w~d swns of morwy
M?Nn r~ferr~d to be not proaipthr u~d fviy paid within thirty (30) d:ys ne~cr afte~ the same severaily becoms dw and pay~blR, withwrt demand a notice,
o? in d» ~wnt ~ach u~d ~very ths stipulatio~s, ~greenKnb. cond~~ions ar+d covenan» of sa~d promiswry note and th~s nwnype any p atM? sn eol
iuy, prompty uid fully p~rformed. disch~r~ed. ~xscwed, ~ffected, completed, compl~ed with and abided by, thN? in eithe~ or any :uch event t1w aaid aQ~
prsy~t~ sum mtntia»d in said prwnityory note then remaininy unpaid, with interest xuued, and all ma+eys secwed hereby, shtll becwrk dw aod p~y~
~bb fo?thwifFl~ Of tFlffNfTN~ at tM option of sa+d MORTGAGEE, u fully ~nd compk~ely as if all of the uid wms of moMy wen or;~inally tNpul~ted
ro be psid on wd~ dsY, anythirg in sa7d prom7ssory oote or in this Mortgaqc fo the cont.ary notwithstsnding: and thereupon p thtre~fte~ a1 th~ optan of
faid MORTGAGEE, without notite or dem~nd, i~it at lawr w in equity, thcrcfore or therealter beyun, may be, prosecuted as if ~II ma~eys sew~d Mrsby
I~ad matwed piar to in irytitution.
7. TMt in tf+~ evero thst at tl+e beginnieg oi or at ~ny tima pendirg aoy wit upon thi~ Mo?tpage, d to faedose It, w to reform it, w to enforc~
payment of any cla'~ms h~.eunde~. said MORTGAGFE shall apply to the Coun having ju~isdiction thereof {or the appantment of ~ Receiver. such Covit sMll
fortliwith sppoint ~ recciver of s~id m«tgsyed property all ~nd iingular, inclvd~ng ~II a~+d s~rgular tM income, profits, issues and ~evenues from wha~erer
wwce derired, each and every of wh~cFe, it beina expressly ~nderstood, is hereby mor~gaged as if spec~fically set fwth and described the ~nnting ~nd
habendum cl~~nes hsreof, u~d such Receiver slMll Mve all fhs brosd and effacrive fvixt~ons a~d powers in ar~y~~vise entrusted by ~ Court to a Receiver. ~nd
•uch ~ppointment shatl be made by suth Court es an admitted eqvity and a matte~ of absolutt ripht ro said MORTGACsEE, a~d without referenc~ to ths
•d~quacy or inadequacy of the value of the prope~ry matga9ed or to the sower~cy or insolvency of said MORTGAGOR w the defendants, and that such
rents, profin, income, iu~es ~nd rwenws shsll bs apptied by iuch Rcceiver accwd~ny to the lien o? eqviry ot said MORTGAGfE and the practic~ of wch
Court.
8. To du1y. pomptly and fuly periorm, dixhuye, execute, efiect. complete, complY with ~nd abide by tach ~nd every the stipubtiarq, ~preemMq,
conditant and coven~nb in said promasory note and Ihn mortgsge set fwth.
9. Th~t in the event the owncrship of tF~e mortga9ed promises. w any psrt the~eof, becwnes vested in • person otlwr than the MpRTGAGOR, the
NIORTGACsEE, Its wccessaa snd auigm, m~y, witFwut notice to the MORTGAOR, deal with such wueuor p succ~sspr i~ intere:t with refaence to this
mat9+ye and the debt hereby sec~red in the ume manner ~s with Morrgsgw without in any way vitiarinq p d~scharging the Mortpagon' liability I+era
under w upon the debt hereby xrvred. No sale of the p~em;ses he~eby mo~tgaged and no fabearance on the pan of ~he MORTGAGEE or its svccesson
a~uigro uid ra extension of the time for the paymem of the deb~ he.eby secured yiven by the N10RTGAGEE or its succeswrs or aui9ns, sl~ll operat~
ro rdeast, d'~cf~arpe, modify cMnge q ~ffect the wigin~t liab~lity oi the MORTGAGOR herein, either in whole or tn part.
T0. It is spec~ficaity agrca~.' that rime a of the euence of rhq contrad and th~t no wiiver of any ablig~twn l~ereunder or of ths obliyatioe se-
a:red her~by shall at time thereafter be held to be a waiver of the terms hereof a of the insuwne~t iecured herby.
11. In addition to the fwego:ng monthly paymentt of prinCp,l end intaeat rcquired by the promiuory note secured hereby, mortgsgw ~pven~nts
snd a9rees to pay to mortgagee w~th each monthly paymcnt an add~rional sum est~rRated by mortgagee to be equsl to 1/)2 of the annual cosf of the lolbw-
.
A-All real propeny taxes kvied or a:sessed against the above described real estate.
8-Premiums on tire and windsto~m inwrante as herein requ~red to be urried o~ 1he improvements sitwte on tix above described premiaes.
C-Prcmiwns on such mortg~ge gwranty insurance as matgagee shall from time to time deem fit to orry on the loan setvred hereby.
Mottgagee shall from time to time notify mortgagor in writing of the amaiM due and psyabk hereunder and such wm shall thereupon be due snd '
payable on the due date of the next monthly payment and each successive month theroaher ur,til mortyspee sha11 not;fy mortgsgor of a chsrge in suth ~
smount. Sixh sums shatt be apptied by mortgagee towa~d the payment of res! prope~ty taxes, irqunnce premiums, and mort9s9e 9uaranty inwra~ce
Premiurns• ~
IN WITNESS EOF, the said MORTGAGOR has hereumo set his hand and seal the day snd ear f
af `
" md, Stsle d d in lb r~senoe of: ~
! ~
•n
' n
SiATE OF F10RlDA 1
,
courirr oF _ S t_ Luc i~ ~
_ t
eefon n,. p..,on.~~y .pp..rcd ;
g~~ and i
, _C OII 8 t 82'2 C 8 F ~B Z~$ ~ f orme r 7„~ ~ ~n 4 t s~ n r r3 "Tu~ w;fc, to me well known and known to me M bs
' the ind'mdwb described in and who executed the foreyoinp instrument, and adcnowledped before me that they execvred tfia ssme for the pwposes :
tMxein sxpnsad. Md the sa'
' wtfe oF Nw wid P8 ~1 ~T Frere upon ~ sep~nte and privar~ ;
j fs~m~nation by me teken separat~ and apart from her said hvsbar~d. ~cno~dped,~o +,d befa~ ms llat sh~ execvt~d sa;d instrument freel and volun- ~
t toily and witlwvt uqr comPvb;a?, cautrajat, apprelwns;or~,,,yr #iar of w from her said Iwsbaod. y r
WITNESS my hand and officisl seal t~- ~yG~ d~y of 119.1~Q , A. D. 19.b.6~
Notsry Publ' aod fw ths State of fbrida at lWp~
Ret~m Ta IN. • A ~ RECaR~EB Mr ~ rb PubNC, state of Horida at Largts
fira F.deral ~S,~v;nqs i Lo+n Associat~on ~ Q ~ My Commiiston Expirts Aug. b, 1967.
~.~of ion ;~~rSe. gond~d B~r /Cmerican Sunty Co. of N. Y
'`_l~i,,pien4: f[c!~, G~~ i ~1i;~~~ ~
_ : . - . Ob F`~'6 2 4 p~ . ti ? ;
= ~ , ~ : 3 . ~ 3 , ~ -
r~ 1430~3'~
- o...=_, ~ ^
; ;r~ ; r , y = ROGER PC1t i • - - . . - .
: Fi ;.~w ST. LUClE CpUNTYRK ; - ~ ~ . .
. . F~ORID,a ' i ~ ~ , ~ , _
'~~i;~:~• . - '
, " v .
Q ,
~ .
. e
L ' (~1~
~ „ A . ' ~ '
X , f
.x.~ti%~ . .__r..~
i
~ - 'F.~v" . "•~~K..
~ l~~