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HomeMy WebLinkAbout0907 , To plaa ~nd ca+tinuo~aly ke~p on tM buildirps now o~ M~~ahN ~twa on w~d land and on +It eq~?ipmeM and p~.wnally co~w~d by thh maq~ with ~11 prNniw~s tl+awn pa~d in full, tin iruuru+c~ in the uswl iqodad poliq form, ~n a swn approwd by th~ MORT ~GE~RTGAGEE nwy iniw~na in tM uswl ~u~+dard pd~cy f«m, in • wm approv~d by ~M MORTGAGEE. in wch company o~ ca~p+~s ~ d'uMt ~nd all ik~ u?d windsa~m inw~a~c~ polKi~s on ~ny of s~id build~nqs, ~ny t~Nra~ tFw~in or pan therwf. in th~ ay~s9at~ swn ~taNaid a in uco~s ~herwf, ~11 cont~in ~Ae ~nwl surwlard matpe~e clws~ a sud? Wha c1auH aa tM Mortp~ nn~y rpdac. makMp tM ba ue~d~ ~a~d po~4 cia. t~ch uw! ~vNri WYab4 w taid MORTGAGEE a iq interest maY +PPN~. and t+cA and ~wry sucA policy shall b~ p.omptly us:pned and d~livtred to ~ ~ny Mld by said MORTGAGiE ~s fwtha ~ea+rity ~o said morrpy~ d~W. u?d. ~ot teis tha~? tN~ p0I dari i++ +dv+na of th~ ~npi~atiw~ of e~ch poiicy, to d~- IivK ro uid MORTGAGEE a ra~tw~l tMrwf, topNha with a rose7pt for tM p.emium ot wch ren~wait and tMr~ ah+ll b~ no fin a winds~orm inwt~nc~ t pl~pd an ~ny of tsid b~itdinps. u~y intenst thK~in a put tMnof, w+l~ss in ~M fonn'and wi~h tFw bss p+y+bl~ u afw~s~ids and in th~ ~v~nt ~ny wm ~ of naewy becom~a parabl~ undH wch policy ar po~ici~s s+id MORTGAGEE ihali h~w tM option ro nx~iw and +pp1y tM ~x oe +ccow~t o1 tM k~d~bt~ ~ nas Ncvr~d htt~by a w p~imit uid MORTGAGORS ro rtoeiw ~nd u~ it a any put thereof fo~ other purposes, without ti?aeb~ waivi~q o~ unpair- irq ~ny puity, INn ot ripht under or by virtv~ of this mortp+p~: ~~d M? tM ~wet wid MORTWIGORS sh+ll fw aoy ~~aan fail w keep tF» said pnmise~ so a insured, a faii b dtlivtr prpnpNy ~ny of s~id polities of insunnu ro s~id MORTGAGEE, or fsil prc~mptly M p~y fully ~ny p?emi~en thertfor ot in anr t rtapaai tail b pafornti discl++r~, execut~. ~ff~ct, canpleM, comply witA ~+d ~bid~ by this covsnant, or ~ny part herwf, ~aid MORTGAGEE may plm +nd ~ WY fa sueh Lawar~a w any part th~.eof w~thout w+tvieg w~ff~etirp +ehr oPtion. YNn. p~?ity. or ripht vndN w by virtw oi this Mortpap~. ~nd tht full «na,n~ of ..ch and .w~y wch aymen~ ~I++11 b. immed~•hH dw +^d P+y.a' '^d +fu~1 bea~ inr.r.s~ from ~h. dar. ~hereof w?ril pad a~ ih. ~aa of n;n~ pa ant~m pK annum and toyether with wc~ interest sh+ll be s~cund by tM IiM of this ~o~p+p~. i • I. To pKmi4 oomnit or wffsr eo wut~. impa'vmsnt a d~taioation oi said prop~rty w uiy put tMrwf. ; ? S. To p+y all and sin~ular tM.coau, charpes ~nd ~xPenses. u+cludinp a reason+bl~ ~tto.n~y's fe~ snd oosts of ~bsnacts of tiH~, incun~d a paid af ~ any tim~ by ~aid MORiGAGEE, becws? w in tl+e twnt of tM iailwe an tM put of tM t+id INORTCsAGOR to duly, prompty ~nd fully p~?faen, d~schu~ execvt~. ~ff~ct. oanpl~~~. comPh with and ab~de by ~ach ud every tM sripulations, apreements. ca+ditions. ard oownann of said praniuwy noh and thi~ monQap~ any or either. ~nd sa~d cosn, d+upes and exparws, e+c1+ and every. shatl be inrnediatey dw and p+yabl~s whetMr or not thN~ b nwici dr m~nd, ~tt~mpt ro oollect or wit p~ndirgt snd the full uno~nt of each ~nd we+Y wd+ Wr~+?t sMll besr inter~st from the dat~ th~reof vntil paid ~t the ?ate of nine p~r ccotum pN srr~urn; aed ~II said cbst~, cMr9es and exp~ns~s inai?red o~ p~id. teQetha with wch inter~N, sh~ll bt secw~d by tM li~n of tlw mxfpa~. e. That (a) in the went of ~ny breach of this Matysp~ a defavlt an tM pan of ths MORTGAGOR, w(b) in th~ wenl ~ny oi said wms of moMy Mrtin r~fKred ro be not promptly and fvly p~id w~~hie th~rty (30) days nex~ afte~ tM sune sever+tly becorrK dw ~nd payabb, withoW deen~nd w notice. } or (v in tM twqt aach and ewry the st~pvtations sprsern~nn, conditia?s snd town+nts of s+7d promisswy not~ a++d thu mortpay~ u~y o~ e~ther ut o01 t i~ly. promptly and fully p~rform~d, d~scMrped. ~;ecuted, effected, comp~eted, compl~ed with and +bidad b1r. then in ei~her w+ny such ~wnt tM said ao- ' pre~t~ swn m~ntio+~sd in sa~d prom~ssory not~ then ran+ininp unp~id, with intersst accrued, and all ma+eys secured hereby. sFwll becan~ dw and pay~ abb forthwitl, w theresftei, ~t tl+~ optan of said MORTGAGEE, u f~lly ~nd compl~tely as if ~11 of the w~d wms of mon~y wen o.gin~ly st~putated ro be p+id en wch day, anythinp in isid promis:ory eote w in thb Mwtgs9e to the cont?ary notwitMtsndinp: u~d therevpon a ther~afls~ at tM op~ia~ o( said MORTGAGEE. withovt notin or derr~nd, wi1 at la~r or in equity, the~efon or thereafter b~y~n, may bs prosecwed ai if all mo~eys wwred h~reby Md matured prar to in institurion. 7. That in the event tMt st the beginning of or ~t ~ny tim~ pe~d'ng ~oy wit upon tha Mortysge, or to faeclos~ it, a to refwm it, or to enforq psym~nt of ~ny dsims he.eunder, s+id MORTGAGEE shsll apply w the Cwrt hsving jur~sdKUOn thercwf fa the appa~tmcnt of a Receiver, wch Carrf ihall EortFiwith ~ppoint s recciva of ssid matg+ged property all and ainp~lar, irKJud~ng al1 ~nd singvlu the income, pofits, iswes and revenues fran whatwe? wura derived. each and every of wh~ch, it bcing expressty understood, a hereby mw?~aged a if speNficayy wt fath and desu7bed in the 9rantir?p a~+d habeidurn dauses hereof, and such Rcceiver sh+ll Mve all ~he brosd and effectiw (unct~ons ind powas in ao~rwiss entiustsd by + Cwn ro a Receiver, ~nd •uch sppointment shall be made by sucA Covrt u an ~dmitted equiry and a m~tter of absolute rigM to ssid MORTGAGEE, a.d without reference to th~ adequscy a in+deqwcy oi ths wtve of the properry mwtgsged w to the so~vency or insolve~y~of~iaid INORTGAGOR w the defenda~n, and that such rents, profits, income, issws and ~svenues ~11 be ~pplied by such Receiver ~awdin~ to th~ lien or puity of aid MORTCsA('sEE and the p?actict of svch 1 C°urt. ~ ! 8. To duly. pro~nptly snd fully perforen, discharpe, execute, effeci, oon+plete, tomply with ~nd abid~ bp tach and eve~j tM stipulafia~s„ spreements, conditioru and oove~ann in said promissory not~ and this mortgsge set fath. - 9. TMt in the event the ownership of the nwrt9a~ed premises. w am put the~eof, beoomes wsted in a psrsQn ~other than the MORTGAGOR, tl+~ s MORTGAGEE, iri wccessors a~d +ss~gns, m~Y, withouf notice to the MORiGAOR, deal with such waessor w successw in interqt with refere~ce to this morty~pe and the debt he?eby secu~ed in tM ssme msnner as with Mortga9w without 1n ~ny way vitiatirg or dixh~rgirg the Mort9agoa' lisbiliry h~ra ~ under w vpon the debt hersby secured. No sak of the premises 1?ereby mortgsped +r+d no fabe+r~nce on tM pah of the /NORTGAGEE or its waessors w+uiyns and no extension of the time fa the p~ymem of the debt hereby secured 9iven by the N10RTGAGEE or in sucusson or auq~ia, ,hall opaat~ ~ ~o ~~kase, d~sdurye, modify change or affecr the wiginal lisb~l~ty of th~ MORTGAGOR l+ere6~, either in whole or in pan. 10. It b specifically agreed tMt time is of the essence of this mntract ~nd that no waiver of any obliyatwn herevndcr or of the obliy~tion sa n;rad Mr~by shall ~t any time thereafter be hald Io be a waiver of the terms hereof a of the uutrwnent sewred herby. ' 11. In addiian to the forego:ng monthlY psYments of p~inc'prl and interest required by the prom~ssory nore secvred herebY, mort9agor covensnfs ? and ~rees to psy to mortgagee wilh each mon?hly p~yment an ~dd~~ional swn est~mated by mortpagee to bs eqwl to 1/12 of the ar?nual cost of the follow- ' ing: . , ~ A-All real property t~xes kvied o? assessed againsf the above described real estate. ! ~ B-Prem~ums on firo and windstorm insurance as herein requ~red to be urried on the improvemenb :ituate on the above described premises. ` ' C-Prefiiums on s4c1+ mort9age gw~anty irowsnce as mortgagee shall irom time to time'deem fit to urry on the loan secured hereby. 1 Mwtg+gee shall from time to time notify mortgago~ in writing of the amount due and payabk hercu~der u~d such wm shall thereupon be due and ~ payable on the due date of the next monthly psymeM and ~ach wccessive month thereafter ur~il mortgayee shall notify mortgagor of • chuge in wch ~ amouet. Sud~ wms shall be applied by mortgayee toward tF+e payment of real propcrty a:es, irourance prem:wro, and mortgaye ~wranty insurance ` prerniurra. ~ IN WITNESS WHEREOF, the said MORTGAGOR has he+euntp ~et his hand and seal the d+y and yt~r fint faasaid • : ~ S~a u~d ~d in tht pres~nce of: ~ ~ i ~ 's ~ ~ ~ Rwa~ ~ ~ ~a~ STATE OF FIORtDA 1 , Coutrnr OF S._ T u. i A ~ e.fa. m. penon.Uy app..red A WeAtheringt:en ,nd n02'~t~l~ S_ Weatheringtnn ~y r„~fe, to me well known ~nd known fo m~ to b~ : the (nd'iridwb dewibed in ~nd who ~xecuted the forsyoirg instrvment, and ~cknowtedyed before me that tMy execv~ed the tame for tM purposes i ~,e~, ~,w„~,..a, ,,,~,d ,,;d Dorothy S. We atherington i wife H+. ..~a A. G. Weatherington ~,,.~,.,t. ,,,d P,H„a ex~minatan by me tsk~n sep~r~te ~nd apart from her said husband, adu+orvtedqed w ~nd befort me tF?~t she exearted said irntrument freely uid voturr ' rarily ~nd without aqy oompvban, ca»traint, apprehensia+lp fear of w from hK said Fwsband. ~L ' WITNESS erry-hMfd M~d official sesl 1h:• A~ day of A. D. 19_SLLZ ~ ~`~~t~ ' ~ ~ ti ~ [ • ~(JO i~f. ' Notary k in and for the Sut~ of Fbrida ~t lupe ~ ~~~~0~ ; - - My ' ion e:pir~s: ~ • 0 : ~'•a~, ,~i~~ ~ F~. ~"'"~1~ REC RDED Kotary PubIC. staN ot ~orw~ at ca~e ~ ; U,s '~:Fyg FIL.ED ~?ND~a 0 ~K wy c,omrr~on Expra ~u8. 6, 1~z . .If~.t P~er~,, r} " ~~b,_;~BY Artitriean Sur~fy,Co. of N, Y. ; t~ ~t ~ jT : J e _ . - w ;!~p'?~':Z~•r:;:rfr.r t, ii':A'' f~`'"i; ~ • ~i . . ~ ~ ` • ~ ~ ' . ~ • r / , . ~ y a,~ 4~ . 6 , . . ~ ..a,, ~a ~ _ , ~,~z~= ' . • . ~ 143524 LE RK _ ~:1: ~ - ~ R~g~ LUCI R O V~TY. i:~; 4,_= LO A • :1. F ~ c: : . ' . 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