HomeMy WebLinkAbout0450 S. To plau uid contirwovsly kNp on th~ buildirgs now a Mr~afta sitwt~ on said land ~nd on ail equi~nt aed pK~onally covN~d by tAt~ nwrq.
ap~, with ~il praniunw ~Fw~~w? paid in fvll, tin insurana in ~ht uswl s~+rda~d policy fan?, ~n a swn ippiowd by tM MORTGAGEE. and w+++~tor+n
Gaw~na in tM ~aual trandud po1Ky form, in • swn approwd by tM MORTGIIGEE; in such canpany w compani~s as H,~ MORTGAGEE m~y
dincy ~nd ~11 tk~ u+d w'u~wrm inw~u+a polici~a on any of said bviW~op~, ~ny int~r~it tl~e«in a put tF?erwf, in the ap9rpa~~ swn a(atsatd a
In ~xa~s tl~u~of, s!?ril oontain th~ wu+l s~~rdud mw~y+pN clavs~ w such othK clauK a~ th~ Mortpa~ maY nquu~. m~kinp tM loa undK uid poli~
cla„ ~ad~ and ~v~ry. P+Yab1~ w ~aid MORTGAGEE a~b intersst may ~ppp~, and each and ~wry tuth policy sM{I b~ p?omp~ly ass:yned ~+d dNivK~d M
any h~W by s~id MORiGAGEE a fwthK ~ecv~ity to said ma~py~ d~W. and. no1 kss tt+~n ~M (10! days in ~dv~~?c~ of tl+~ ~xpua?ion of ~ach policy. to d~.
I~w. ro s+d MORTGAGEE a r.newa~ ihawf, top~ther wi~h a rec~ipt for tAe p~miwn of wch r~wali ~nd tMn shatl b~ eo f'u~ or winditam iniw~ncr
pl~ad on ~ny of s~k! b~i{dinps. i11y If1tHN1 fAfffill Of piff tI1KW~, w+l~u in ~M fomi and with tM loss payibl~ u afw~saidj and in tM ~wet any win ~
of moewy baeanp payabh w~da u,ch policy a poNcKS said MORTGAGff •haN hava ~M opr;on ro ~eee~w .nd ~ppfy tM s~m~ on ~coount o1 ?i?~ i~d~bt~
n~a ~cw~d iw~by a a permit said MORTGAGORS ro ncsivs ud us~ i~ a sny pur ~hereof for o~hc? purposes, w~~houf the~eb~ waivi„9 0~ ~mpai.-
i^o +^Y ~9~+~b. li.n w riph~ w~d.. a tiy vir~w of rhh morrp~y.r and in ~M .vem ad MORTGAGORS shall tw any nawn fail ro keep rF~ ,a~d p?.m+us so
irawHl, or fap b dellwr pomptly ~ny of said ~ polici~s of insunrw ro s~id MpRTGAGEE, « t.~i ao~,pdr w P.y wuy ~ny premium ther~fw a in ~~y
nsp~ct f~il w pKt«n~, dischu~. ~x~cv», ~ffect, compl~te, comply wirh ~nd ~bid~ by tFas covenan~, w aey pan hKwf, iaid MORTGAGEE may p1~ce and
paY fw wch tmwana? a~ny p~K tMreof without waMinp or ~ff~ctirp anY op~ion, li~r?, puity, or riph~ w~d~ w by vinw of this Mb.rpap~. and the
ivll unovet of ~ad~ ~nd wery wcA p~ym~m ~hatl b~ immed~~tey dw ~nd p~y~bl~ ~nd sh~ll beu ~tK~st f~om tM dat~ ~hsrwf w+til paid a~ th~ wt~ ol
niM p~t centum pK ~nrwm +nd togathe~ with wch interest shall b~ secund b~1 tM tiN~oi thts lnartysp~.
1. To pKmR, oonvni~ or wN~r iw wast~, ia~paimxnt or detsriorat+a? of iaid propNty or any p~rf thenof.
S. To p~y ~11 aad Wyular tl».costt, chup~s snd ~xpsns~~, inclvdirp a re~sonabl~ +ttaney's fe~ ud costs of ~bstracts of tid~. iocvn~d or
~ny tim~ by s~id MORTGAGEE, b~uvs~ or G? rh. ~wnt of ~he f~ilw• on the pan of ih. s+W MORTGAGOR a du P+~d
~x~cvt~. ~ffsct. ooMpt~t~. oomply with ~nd ab~ by ~ach ~nd every the sY N. P?omPtly ~nd ful~y pNfa~n. dwcharpt
~,lar~ons, ayresrnen?s. condi~io~a„ and ooven•nn of siid pom~yory nw~ and rhw ~
^~9+D~ +~Y or atlw~. and aid costs, char~es aod expsrws. esrh and every, aMll be immediately dus a++d pay~ble: wh~tMr or not ther~ be norici ds
mand. attempt ro colkct or wit pendinp: uid the full aniowM of each and evt?y such p~~mee?t sMlt bea. intereit from tM date tl~eof until p~id at tFK
rats of nins ptr centwn pe~ ~nnum; and ~II said cbsts, charpts ~nd expensts incwrd or pald. togethp with such int~ru~, sMll b~ s~curtd by t!w li~ of tFw
^arq+W.
e. 71~at in th~ went of any brcach of this Mwt9ap~ or dehult on th~ part of the 110.pRTGAGOR, o? (b) in tM went ~ny oi said wms of mwrey
Mnin nhred ro b~ not promptiy and fvlly piid within ~h;rty (3p) days nex~ sher fhe sarns uverally bacome due and p~y~bk. witho~t dem~nd or notice,
or W in tM twrlt eacA a~d ~very tM stipvlatio~s„ ~gr~em~~q. conditiooa ~nd coven~nn of s+id promisaory note aed t~u~ matpa~ any a either ar~ nq
~ul'y, promptly and fully pK(orm~d, d~sch~ryed, ~xecuted, eifected, completed, cnmplied w~th and abided by, then In eithK or iny such ~wnt 1!~ said aQ
pre~t~ wm mtntiwkd in said promiuay note then remaininp w~id. with inte~est acvued, and all moneys s~cured herebY. sMll becan~ dw and p~y~
abl~ fathwitly or tF~reafter, at tM optan of said MORTGAGEE, as fvlly and completely a~ if •II of tF+e said wms of ma~ey vrert ori~indty ttipubted
to be paid on such day. anytl?inp in sa;d pre;,uasory nots or in tha Mortpage to tM contr~ry notwithstandinp; and thereupon or thereafter at tM op~ion of
s~id MORTGAGEE, withoul not~ w demsnd, suit at la~v or in pvity, 1FIOffFOff Of 1F1lfNftN begun, may be prosecuted as if all mor~ey~ iec~red hereby
fud mafvrat( pripr to ib irqtitution.
7. That ie tl~e event that at tFie b~FnnFng of a st any t;me pending soy wit upon this Mo.tyaqe, w to faectoH i~, or fo refwm it, a~o enfwc~e
payment of ~ny daiir.s herevnder. said MORTGAGE~ shall spply ro the Carn hsving jur;sd~tuon thereof for the appo~ntment of a Recciver, such Covrt shall
forttiwith ~ppoiM • raceiver of said mw~gaged p~operty ait snd sirgvtu, inci~d:r,g ait and singui~. Ihs incoms, profiri, iswet ar+d aeverw-gs lram wlsafaxrr
so~rc~ derived. ~ad~ u+d ~very of wli~ch, it beinp eapreuly undentood, ii hereby mortgaged as if specificaly set fath and dewibed in the pranting ~nd
Mbendum clsvses hereof, snd sucA Receiver ah~ll have ~II tM brosd ~nd effective funct~ons snd powen in anywise entrwted by a Court to • Receiver. and
+PP~~t~~ ~1++~1 be m+Je by wch Coun u sn admifted equity ~nd e matter of absolute r'iyht to s~id MORTGAGEE, a~d without refereoce ro ths +
+dequacy w insd~qwcy of the valw of the properry matgs9ed or to the sotvency w insolvency of s~id MORTGAGOR w the defendants, and that svch
rents, profits, incanq isi~es ~nd reven~es sh~tl be applied by such Receiver aaord~np ro the lien or eqvity of a+d N10RTGAGEE am! the practic~ of wch }
Cou~t.
8. To duly, promptly and fu11Y perforrn, disch~rg~, execute, effect. complete, comply with ~nd ~bide by each and svery the stipulatians, ay~eemenq. ~
conditio~a and covenams in said promissory not~ and thw morty~ye set torth. ~
9. tMt in rM e.~ant rhe ownership of rhe mo.rgaqed premises, a any part tF~ereof, bec+ome~ vested in s penon other tl+s~ rhe MORTGAGOR, ths
MORTGAGEE, its succeuws ~od aui9n;, may, wi~hout raGce to tl?e MORTGAOR, deal with ~uch wccessw or wae~sa in interost with reference to this
mat9+pe u+d tl+e debt hereby setured in the sart~e msnna as with Mortgagor wi~hout in any way virutirg or discharpirg ths Mortpagors• tiabiliry hfre.
under w upon the debt hereby securcd. No sale of ~he prcmises hcreby matpsged and no fwbcarance on tM part of the MORTGAGEE w in successas
w ~uigns and no extension of the tune fw the payment of the debt hereby secured yiven by tF~e AhORTGAGEE w ih successps p~ ~sigry, sh~ll Operaq '
ro nle~se. d~schuQe, modifY durge or affect the o~iqind liability of the MORiGAGOR h~rei~, either in wFwk or in put.
)0. It b specifically igreed fMt tims is of the essence of thes coMr~ct ~nd tMt no w~iver of any oblig~tan Mreunder or of 1M oblipation ie-
n:nd hareby shall ~t ~ey tims therealt~r be held to be a wsiyer oi the terms hereof a of the instrumeM aecvrad herby.
11. In add~~~on ro ~he faego:ng mon~hly psymenn of princ'pel and inre~est requ~red by the prom~ssory nore :ecured hereby. mort9agw oov~n~n~s
and ag?ees fo psy fo mongagee with exh monthly payment an addirional sum estim~ted by mortg~gee to be eqwl to 1/12 of the annual cost of the follow- ~
~
t
A-All real property tsxes kvied o? assessed against the above described real estate.
6-Arem~ums on firo and windstorm ieawance as here~n requ~red to be csrried on the improvemenb sitvate on the ~bove despf ~~py'~
C-Arsmiwm on wch mortg~ye quaranty insvrinpe as rnortgsgee shsll from ren~ ~o Y~me deem fit to urry on the ban sewred h~
h~~~
M
o n
y+ g e e s h a l l f r o m t i m e t o t i m e n o t i f y m w t
g e g o r i n w ri ti n p o
f t h e smoun f due s n d paya b k h e r e w+ d e? a n d s u
c h s~xn sf~}U 1F~~~ dy~~ ~
G+Y+~ the due date of the next monthlY paYment and each successive month tF~ereafter un1' agee sh~tl notify mortpa~exa 1 ' in(~~ :
ama?nt. Sucb sunn shall be applied ~y rvw~tyagee toward the payment of real p r
o
p e r t y taxes insw p r e m: u rt?
s, a n d m w t g~ ~ y
s r~ = j
p`em'ums' - Q~uw"~°~ •sw =
IN WITNESS WHER de, , ed in /M ~GA - R~(~ ~ y~ yeM first af esaid. J.` kV e , •
~;~x~ ARBAR I `
~ ; 1Ct~ B~, : ~ ' R -
o+=~~ y,
eas • ea R ar on n ent
• ''~'~OPC,t 3 : ~te9t: -
Witneee ':.n ~r:= 2~ ED . . ar eua cre sry - n
- _~tEC~A,~~~~ n
R~~-~R~ - - pvlZ RaS.~~tt~T__--- - - -
` RBGER
STATE OF FLORIDA ~RTFT~,,n gT, LU CO ~
Y~~
1 HEREBY CERTIFY, That on thi ay of Apri 1 , A.D. 19"~b ~
before me personally app.arsd _ Jame s R. C erson . Jr.
a~ W~ D, Barbiewc ~
respectively 8 8 President and S e u
e
t
ary ~
, of
CARBAR~~C
Florida ~
~ ° Corporation, to me !
known to be'fFie' ~yp~?S dsscribed in and who executed the foregoing instrument, and severally acknowtedged tF~e exe~ ~
cution ih¢Fec}•}a•b~` !
J~+4~r~~ee att a~d deed as suth offioers for the uses and purposes therein mentioned; and that they
effixed Ah~e~r~~,offtual seal: of said oorporotion, and the said instrument is the act and deed of said aorporotion.
Wt11VE$S .tq~! ha~ i~d ~D~Ca~ .sea) at +
C. J , ~ id oounty tate
.
? .
, C. ' -
' .
Notary Public, in and for State and County af4resajd.
,
~:~~•,~„1~•'~ M
y Commi u" E
x p
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e
sj`_;:~,• 5:~::e cf F:-.:• ,-i
8/e~C/~`9' =;.;:::c~ G~;. ~i. i';:,9
d~,~:.a~ iy Ac.~ncaa ise b C+u.a-7 C~
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A ~ gooK~~3 ~49 .
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