HomeMy WebLinkAbout0938 To plaa +nd con~i~w,ovsly k..p on fh~ buildinps now a h..~ah~. ~tw~» on said Iand and on ~II equtpn,~nr and p~non+lly aownd by this ew?q~
~ with all pramiw~s tF~wn p+~d in futl, (in tnsu~anc~ in the ~sv~i tiundard policy fw~+. rn a swn ~PProwd by th~ M10RTGAGEE, and windttorm
tnwrann in ~i» wual Nand~rd po1K11 ionn. in a wm approvsd by ~M MORTtiAGEE. M~ wch canP~^Y a canW~ia u tM MORTGAGEE m~y
dk~ctt ~nd ~II fin ~nd w~torm i~awano~ Pol~ci~s on an~ of wid buiW~npa, s~y iet~?~i~ tFwein w pah tMrwf, in ~he a~re~t~ w~n ~for~ald a
M ucceu ~he.wi, sMll con~ain ~h~ usual standard morro+oN d~~~ a svch otMr elaus~ a tM MatypN en~y ?equ'u~. nwkinp ~M 1oa urw~ said po1F
da. Md+ «+d ~wry. Wr+bl. a ~aid MORiGI?GEE a in in~..eat m.y appa•. and ~ach and ~very sucA policy ~11 be pranpNy ass:qned u+d d~liv..ed ro
~ny h~ld by s~1d MORTGAGEE a furtha ~sauity W s+W mo~p+p~ d~bt, snd. no~ I~is than t~n (1~ daya in advaec• ol ~Iw .xpu•~an of ~acA poGcy. ro dr
liva ro uid MORTGAGEE a r~w~l tMrwi, topal+u wi~h a no~ipt fw tM pnmiwn oi wch r~walf and tMn sl+~Il b~ no fwe or wi~ds~wm inswai?a
plK~d on any of uid buildinps, ~ny interqt IMr~in ar put ~hKwf, w?IKS to tM forn+'~nd wi~h tM loss payaWe a ~fa~s+ids u~d G+ tM ~vMt ~ny ~wn
~f m~y becon,p p~YaWe w~d~~ avch potky or polici~s wid M~ORTGAGEE sh+ll h~w tM option w ne~iw aod ~pply tM ~ on +uowN o1 tM ir~btad~
nas Mcvr~d i~~br a a pKmit said MORTGAGORS ro reuiw u~d ~ it a any pa.t thereof Iw o~her pu~pwes, wi~hout ~he~cb/ waivi~~y a impair•
inq anY pvity. li~e a ripht w~da w by virtw of tF~k mortyap~t +nd in tM ~vMl ~aid MORTGAGORS sh~ll fa any ~eason fail to ke~p tM aid p?~enists w
in~~nd. o~ fdl to d~livK Pra^Pth? +~+Y of ~aid palicies of inwnnu to s~id MORTGAGEE. or fs~l p.omP~h? to W1r foly u+y premiwn therefa w in any
r~~et f~il to palan4 dischuy~, eaecvt~, ~ffM, ca^Pl~t~. canP~Y with and ~bid~ by this coven+M, w ~ny part hKwf. asid MORTGAGEE I~Ny pIK~ i~
P+Y for avd~ bawanc~ or any pat tl+Keof without walvinp o~ aff~ctinp ~Y aPtion. ~i~n, puihl. w~yh~ under w by virh~s of this Matyape, and tM
full anaunt of tach ~nd ~wry wch WYment ~h+tl be iminedia~dy dui +~d Wysbb snd shsll b~u b?ter~st fran tF~ daM lheroof until paid a~ tM r~u of
nirw pp pMwn p~ ~nrwn and to~the~ with tud? inttr~st ~II b~ wcwed by th~ liwn of thf~ mo~rt~apt.
1. To pan~it. aomn+it or wffa no wute, imp~bment or deterioation of s~id propKty a uiy p+rt tlweof.
S. To p~r ~II and sinpvlar tM toat~, ch~rp~s +ad exp~ns~~, includ:~g a rea~onsble attorney's fee snd oosts of abanact~ of titl~. iocvrced or p+td st
any tim~ by s+id MORTCsAGEE, bcwq a in t!r ~wr?t of ~he failun on th~ put o' tM said MORiGAGOR to du1Y. promPrh +nd fi+tly pKfwm, d~schuy~
execvb. ~ff~d. oompleu. oomply with u?d abide by Nch +nd ~vM? tM stipulations apree~nents, oonditiona„ and cownanb of uM promissay not~ and tFw
~9+D~ +~Y w ~i~her. ~nd sa~d costs. chup~s snd expe~res. ~ach ~nd wery. ~all b imn+ed'u~~1y dw ~+d p~y~bNs wherhe. or not tM.~ be norici da
m~rd, atMmpt to oolkct a wit p~ndrgs am! tM fvll arno~N+t of tach and evKy axA piYment ~hall bea. inter~st from tht date tl+~reof until p~id ~t the
rsre of nin~ pK antum per arww~n; and sll said cb~ts, chu~es +nd e:penses ~nawred w paid. tope~he? with sucl~ intu~st, sMll b~ s~cured by tM 1'~ of tha
n+aq+W~
A. ih~l in the tv~nt of aq? brexh of thh Morty+pe o? dafwh on th~ paA of tl+~ MORTGAGOR, a(b) io tM wsnt a+y of a~d swns of mo~ey
Mr~in nfen~d to b~ not poraptly and fully paid within thirty (30) days next after the :an+e sevaally becane due ~nd p+yaW~. without damand o~ notice.
o. W in tM wMf ~ach u+d ~wry th~ stipulatioos. +9~aements. conditans ~nd covee+nn of said p.omiuay no~~ and th~s mwtya~ ~ny a either u~ no1
~u1y. promptlr ~nd fully perfw~n~d, d~scharpad. executed, effleted, comp~e?ed, complied with and sbided by, tMn in eitne? w ~ny aucA w~ro IM uid a¢
4r~p,Hr sum m~ntiorNd in s+id promissary not~ then rem~inirg unpaid. with intertst ~cvued, and all moneys secwsd hereby, sMl) becane dw and WY~
+bl~ tprthwitly or ~hKeaha~, at the optan of sa~d MORTGAGEE, as fv~hr w! co~k+eh +s if all of the uid s~u of mon~y wer~ agin~lly ~t~pul~ted
to b~ p+id on svch day. anythinp in said prom~uory ~wt~ o? in tFds Mortg~gs to tM contruy non~rithstsnding: and ther~upon a thereaha a~ the op~ian o!
•+Id MORTGAGEE. withow notic~ a demsnd, wi1 at la~v a in ~q~?ity, tF~erefon or the?e+ftK be9un, msy be prosecuted u if all moneyt acur~d haeby
had matw.d pra. ro~n instinnion.
7. That in tFr svent tMt ~t the beytmcng of or ~t any t~me pend'ag aoy wit vpon tha Mortyape, w to foredou h, or to reform B, or to enfora
payment of any daims haeu~der. s+id MORTGAGEE sMll apply ro the Coun havinp jw~sdiction thereof fo~ tl+e ~ppantment of ~ Receiver. svch Couit sh+ll
FatliwitF~ appoinl • rsteiwr of said mwt~+gad propeAy all ~nd siny~?lat. includ~np all and singulu ihe intome, profi+s, iuues u~d ~evenues from wh~tever
so~ra duiwd. ~ach ~nd every of wh~ch, it beinp expressly understood, is hercby mwtga9ed as if apedfiully wf fath a~d dexribed in tM yr~ntirq and
Mbendum cbuses Mreof, and such Receiv~r th+ll Mve a0 the b~oad and effectiva fw+ct~an and pov+ers in snywise entrus~ed by ~ Co~r1 to a Receiva. aod
such aqwintment shall be m~ds by wch Court u ~n admined cquity and a m+ner of sbsolute rgAl ro~id MORTGAGEE. and without fOfNRMQ to the
~deqvacy or inadeqwcy oi the vslw of the prbperty mort9+~ed or to the savency a insdvency of s~id MORiGAGOR a the defendann, ~nd that wch ?
renn, profits, incane. issu~a snd r~venues sh+ll be ~pplied by such Receive~ +aordinp to the lien w eqvity of said MORTGAGEE and the practiu of such ~
Co+xt.
d. To duly, pranpty and fv~ly p~?form, d'ncharye, exscvte, effect, oompkte, ooenplY with ~nd ~bids by ach and every tM stiputataro, a9reemer?b.
cond'itioro ~rd ooven~na in said promissory not~ and this mortgagt ut forth. •
9. ih~t i~ tM went tha awnenhip of the mort9+p~d premises, w a~ryr pHt thereof, becanes vested in a penon other than the MORTCsAGOR, ths
MORTGIIGEE, its wcceswn +nd ~ssip~s, m~y, w~+lww nwice ro ~he N?ORTGAOR, desl with such successw or waessw in inte?est with reference to this
mort~apt u+d ths debt hereby sscured in tM ssme m+nner u with Mortg~por witl?ow in ~ny way viti~Ymp p disch+~p'irg tht Morty+pws' liability Fwre-
unde~ or upo~ the debf hereby secured. No ssk of the premiscs hereby nw.tyaped and no forbtaranc~ on th~ part of th~ MORTGAGEE w its svccesson
or asaiyns ~nd no ~xteenion of the rime fa ths p+ymenr of the debT hereby secured yiwe by th~ HtORTGAGEE or ib wcusson w sugns, ~hall op~rat~
ro releas~.. dxh+~, rnodify d~an~e u? afiect the oripi~+l liability of ths MORTGAGOR herein, ~itha ie whole a In part.
10. It b ~pecifically ~greed tFut tims b of the nsence of tha contr~ct and th~t eo wsiwr af sny obliyatan herewider w of tM oblip+tia+ sa
a;nd IMreby ~11 ~t u~y tln+e thereshK be heW to be a wairer of the hrms hcrwf a of the kntrurt~snt secw~d herby.
11. In addiYan to the fore9o:rg monthly paymenb of princ'p,l ~nd interest requ'ued by the promissory noee secured hereby. morty~yw covereants
and a~ees to psy to mort9agee with e+d+ momhly psYment an ~ddi~ional surn estimated bY moreyapee to be equsl to 1/12 of the annwl cost of the foliow- t
ing: ~
A-All real property taxes kr'~ed a assessed agair?st the sbove described resl estste. ~
6-Premiums on firo and windstorm inswance as herein requ:red ro be urried on the improvemenn sitwte on the sbove described premises. i
l C-Premiums on such mort9~ge 9wranty inwrance as mortgagee shsll from t~me to Y~me dcem fif to urty on the loan tecvred hercby. ~
` JNortgage~ shsll from time io Y~me notify mwtgagor in writing of the smount d~re ~nd psyable herev~der and such wm sh~ll thereupon be d~s and
~ payabb on the due date of the next monthly paymem and esch wccessive month thereafter vrtil mortyyee th+ll notify mortgagw of a chanpe in wch
amount. Such wms shall be apptied by mwtgapee toward the payment of real property t~xes, insurance prem.ums, and mwt9s9e 9uaranty inwr~nce ~
= premiurtu.
IN WITNESS NMEREOF, the si MORTGAGOR hu hereunto set his hand u+d se+l the day and ye~r fint aforesa'
~
Isd ap~•~eliwr of: _
r J~ p
4
~ ~Y1-a-~t.,,~''~ n
~
STATE OF FLORIDA ~
SS. ~
~ S t . Luc ie
!ef„r ,r~ p.,.a„~y, ,pp..,.d Joe C Hol l oNav ~
Jea~n E. HolloWay h~ Mnr~, ro m. ,aen know~, ,~a w m. to b. ~
tM individu+b dssaibed io ~nd who e~cecuted tM fwe9oin~ instrvm~nt, and acknawledped before me that tMy execvted tFr ~an» fw tM pwpaes
r1,e,ein ucp,.,~ad, I?„d ,h. ,,;a Jean E. HollOway
wi{~ ot tl» wd .T08 ~'i . gO1.lOW8V vpon ~ sepu~ts and privat~
ex~mination by me taken stparat~ a~d aput from f+er said aduiovvkdped to and befon ms that she ~xewted s~id irotrwneM frs~ly and volurf
r~rily ~ed without arpr eompulsion, wnitr~int, spprehar?sion, fex~of or from Mr wid Fwsb+rd.
WRNESS my h~nd and afficial teal d~r~ a9 day of A. D. 19~~.
Notuy Public in and fw tM Stat~ of Fbrida ~t tarpe
M,, c~,~„~~«? .~..s:~/-3-L~
~t Florida at
R.n,.e o: S Hot~ry pu~::. ~
w.rt~~uNxrr~y. a ~ ~,t~«, RpE~ ~ _ -
p1~C ~ Comaiu•a.- _.cres No.. 3. 1969
,om
;~.~A`~~ j,~~ _ f,~A ~ 0 ro,e,e w~,~ Fw i Cawif Co.
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