HomeMy WebLinkAbout2542 , i .
3. To pl~a and continuousty k~ep on H» build~rg~ now W F~ltOilfH 4fYit! 011 t~id I~f1d and Of1 ~II lq4iprtlfflf ~f11~ pft~Wl~~Iy COVKfd by 1I1i~ R10f1a
p~, wi~h ~11 p~miuma tF..:reon p~~d in full, f'u~ insu~anc~ in N+e uiwl uandard pot~cy fonn, ~n r iun+ approwd by t!K MORiGAGEE, ~nd wi~tam
i~~sr~:~ in th~ trs::a! sta:s~a~t! p+s!<cp to•~*, a awn ~pp.awd by th~ MORTGAGEE; in wch company a compaeie~ as tM MORTGAGEE m~y
d4~cts +~d all f~~ u+d windsrorm iniwanu policiei on sny of iaid buildinqs. sny IniK~st tht~tin ot p~?f therwi, in fi» ayprepsi~ wm sfia~is~ ~r
In ~xtas tAenof, al+all contain th~ usual atandud m~Ny+pH cla~se or tuth NMr t1auN tM Mort~apf~ nwY roqvir~. makinp tl+~ !ou vnd~. said pol4
dai, ~ach and ~wry. paYabl~ a~aid MORTGAGEE as in iotereil maY app~u. and each +nd wery ~~ch poliq iMll b~ promptly ais:y~sd ~nd d~liv~red to
.ny MW by wk! MCQTGAGEE •s fur~her ucu~iry ro said monp,ps dsb~, and, na I~ss ~Mn t~n p01 days ln ~dvann of th~ ~xpiration of aach policy, to cf~.
liwr to ~aid MORTGAGEE a rMewal th~reof, rop~rlwr wirh • recr;pt fa th~ pr~mium of such renew~lj ~nd tMr~ aMll b~ no fin w wind»am inw~ai?c~
pl~ad on ~ny of said buildinps. a~y inta~st thNei~ w put thK~of, ~nleu in tM fwm'and with tM lou paysble ss afulsaidj ~nd in tM tv~n1 any wm ~
d mon~y becwnq p~y~bl~ ~rnd~r such policy a policies said MORTG/IGEE ahall Mw ~M option ro r~asiw and apply the um~ a? xcown o1 ~h~ ir~b~ad i
eu
na~ s.cv?~d Mrebr a w ps.mi~ sa~d MpRTGAGORS ro reuiv and us~ H or a~y ps~~ ff?ereof fw othcr purposei. w~~i,out thereb~ w~i~i~y w~mpair-
Inp ~ny puiry, IiM~ o~ riphl undtr o~ by virtw of this mortps9r, and in 1M ~ve~t said MORTGAGORS ihall fw any reawe~ fail to keep tM i+id prtmius w
inwrd, w i~il b dNiver pranptly ~ny of wid policies of insunnts to s+id MORTGAGEE, or fail promptly fo pay fully any premium fherefw p&? any
nsqct (~il w paforpy dischuye, ~xecut~, ~ff~ct, compl~t~, comply with and abid~ by this cov~~nt, a a~y put 1?tnof, said MORTGAGEE may pl~c~ a~+d
paY fa wcl~ inwr~nn a ~ny pa?t thKeof without wafvinp w~ffactlnp ~ny option, li~n, puity. or ripht v+?de~ w by vi~tw of this Nbrtpap~, and the
fvll ~nwrm of tach and ewry such payment shall b~ inrnedi~roly dw and p~yabl~ and ah~ll btar interes~ from tM dat~ therwf until paid at th~ ~at~ of
nirn pN cenwm pK ann~m aed together wiM wcl+ iMe.est shsll be secu.ed by tM lien of this mwtpa~.
1. To p~rmit. commit a suff~r no wasl~, impavmcnt a detsrioratan o( said propwry o~ ~m? put thersof.
S. To pay all +nd sieq~tar the.cwts, chupes u+d expense~ includiny a reasonabk a»o~,Ky's fes and cosn of ibstncta of title, incu.red w psid ~t
~ny time by s~id MpRTGJ?GEE, b~cau~ w in tM ~wnt of the iailwe on th~ part of th~ s~fd MORTGAGOR ro duly, promp~y and fvlly p~r(orm, d~xharg~
~xecut~. ~ffM. campkt~. comply w~th ~nd ~b~de by each u+d every tlk stip~lations, apreemeay, conditions, and oownsnp of ~aid promissory not~ and thu
martQaQe srryr or either. ~nd ~sid cos~s„ chuyes and ~apa~res, each and every, sl»II b~ immediately due u+d payable: wl+ett~er a not ther~ b~ ~otice dr
m~nd, anempt ro co11M w wit pendingr and tM full amo~nt of each and every wd+ p~yment ah~ll bra. interest from the date thereof untit p~id a~ tl~e
rate of nie~s per centum ~,er annum: ~nd all uid cdsn. cha~ges and expenses ~eKwred w paid, topether with suth inter~st. ~twll b~ sscur~d by tM lien of tha
morq+~.
0. That in tM evMt of any bre~ch of this lMortgap~ w defauh on tlr p~rt oi the MORTGAGpR, or (b) in the wen~ ~ny of sa~d sums of moe+ey ~
hsreie refKnd to be not promptty ~nd fully paid wirhin thirty (30) days nexr after tFK ss~r+e severapy become dw and payabl~, without demand w notice,
w(~ in the twnt each ~~d every tM sfip~lations, +greem~nq. conditip+s s~d toven~nq of sud prorri~ssorr nut~ ~nd this mor~paQe any w~i~her ~re not
~ly. prornptly snd fvlly pertamtd, d:schuged, executed. ~ffected, completed, tomplied with and abided 9y. then in either w any such ~wnt ths uid ag
prpa/~ aum mN?tiwKd in said promistory not~ the~ remsinirg unpaid, with inter~a acu~ed. and a11 moneys secured hereby. shsll bctant dw ~nd pay~
abl~ forthwith„ w ~.r-!eaftar~ at the option of said MORTGAGEE, u f~lly and completely as if ~II of the said sums of mooey wer~ agi~ally it~pulated
ro b. pa~d on w.,-~• d~y. ~nything in said promi:sory note or in fhis Mortgage to the convary notwiths~anding; and thereupon w thereaher st the option of
aid MOR?GAGEE, without netice a dem~od, wit ~t law w in puiy, ti+erefwe w theresfter begun, rtNy be prosecuted as if ~II rtaneys secured hereby
INd mihNlii pfWf to ifs iM1ftitWi,fl.
7. That in tM erent tMt at the beginning of w at any time pend;r~g aoy wit upon thi~ Allwtgage, p ro fweclose Ft, or to reform it, or to enfwce
paym~nt of ~ny claims hereunder, said MORTGAGEE shall ~pply to tF~e Cou~t having jur~sd~nio~ thereof fw the appantmem of a Receiver. such Gour~ sha{I
fortl+with ~ppant a reteiver of uid mortqa9ed property a11 and sinyular, irxludmg all snd a~ngvl~r the income, profits, iswes and revcnues from whatevar
wwce daived, e~ch ~nd erery of which~ it beinp expressly vnders~ood, is hereby mwtgaged as if apecciically set fath ~nd detuibed in the y~~nting and
h~b~nd~xn cl~~yes ha?eof, Md such Receiver shall have sll the broad and effettive fvnttioos and powtrs in anywise entrvsted by ~ Cwrt to a Receiver, and
a+d~ +PPoiMmt~+t si+slt be made by wcl+ Court u an admitted eqviry and a+natte~ of ibw~ute right to said MORTGACsEE, ~nd without refercnce to ths
~lequaty a inadeq~scy of ths wlw of the property mortgaged or to the wtvency w insolvency of said MORTGAGOR a the defendann, ~nd that ivch
renn, p?ofita, incane, issu-s u~d r~venues sMlt be applied by such Receiver accordin9 to the lien w equity o( s~id MORTGAGfE and the practice of such
Covrt.
8. To duly, promptly and f~lly perform, ducharye, execute, effect, complete. comply with and abide by each ~nd every the stipulstions. ~greemenq,
ca+dniom and coven~nn in s~id promiuo.y note and this mort9age ut fwrh.
9. That ia the ewnt the ownxship of ths mortg~qed prem;scs, er any p~rt the+eof, becomes veated in a penon other than the JNORTGAGOR, th~
MORTGAGEE, in successors ~nd asai~ns, rtwy, wiehout notice to the MORTGAOR, deal wifh s~cF~ succeuor p successor in interest with refcrence to this
mortgaye ~nd the debt hereby secwed in the sarrro mannet as with Mwt~aga without in any way vitiatiny w discharging the Mwt~agon• li~bility hsr~. '
~ L;R.. ~+•w• h•,el•X 4ee+s•~tl: 1~o t~1~ Qf p~e~ses 1+treby mortgaoed ~nd no forbear~nte on the part of the MORTGAGEE w iri suctesson
w assigns +nd no extension of the time for ihe payment of the debt hereby secured piven by the AhORTGAGEE a iti s„cceuors w ~u~ns, ,hatl operan
1o nlease. d~ach+r~, modify change w ~ffect the oriyin~l lisbility of the AhORTGAGOR herein, ~irher in whole or in part.
10. It in specifiulty agre~d thar time is of the e:sence of _ thb contrav and that no waiwr of any obllpafion hereunder w of tM obli9ation se-
wr~d hereby ihall at ~ny tirt~ there~her be heW to b~ a waiver of the terms hereof a of the instrument secured herby.
11. In add~tion to the faego:ng monthly psymmts of princ'p~l e~d i~terest requtred by t!~ promissory nore secured hereby, mortgagor covenants
snd agrees to p~y fo mortyagee with e+ch monthty paymcnt an add~tiwul sum est7mared by mortgagee to be eqwl to 1~)2 of tbe annwl toat of the follow-
~9=
A-All ydl oroperty tsxes kvied p aaseued against the above describcd real estate.
B-Premiums on (i~e and windstorm iruurance as hcrein reqv~red to be carried on the improvementt situete on the above desuibed premises.
C-Premiums on suth morfgage guannty insurarce as mortgagee shall from time to time deem fit to tarry on the bsn secured hereby.
Mwtgagee shall from tirtme ro time ratify mortgsgor in writ~ng of the smount dve and paYsbk hereue~Jer and such wm shall thereupon be due and
p+yabls on the dve dste of the next monthly psymcnf and each successive month theresfter vntil mortgagee s}u11 not;fy mortgagw of s change i~ such
amount. Such wms ahall be applied by mortgagee towa~d the paymcnt of real propeity tixes, ' rance prtm:ums, ~nd mortgage gwranty inwrsnce
pre+niwru. ~
IN WITNESS WHEREOF, the said MORTGAGOR has he.eunto set his hand and sesl the y ar fint asaid
' n~d. 5 I~d and delivered to ths pr~senoe of:
, ~ ~
~ f~~= ' ' J-~. •
n
STATE OFikORlB/~ ~ •
COUNiY Of _~r-~-.-~~- ~
sefore ms penonatly appes?sd .T ^t, ~ !'*g l~•,i 2r.Y and
~f:on}1gn; o(~~r~L1T.Q h;s wife, ro ms weU known snd known to me to b~
th~ Individ~++b deavibed in and who executed the foreyoiny insuum~nt, and adcnov„Ieclged befwe me thst thsy exec~ted the same for the purposes
, e~..~, .:a.~,.a. ~,a ri+~ StPrhaniP G~ho~ir~/
: wife o4 tl» ~aid John ~i8hnU7'Y vpon a sep~rate ~nd privat~
ac~min+rion by m~ t+ken sepanM and apart from her pid hv~band, aduwwledged to and befp~ m~ that ahs executed said irobument freely and volvn-
tuily and witkout ar~y compulsion, c«ntrai~t, spprehera'~n, or fe~r of or from said hosband.
~ WITNESS my ~.~+d ud offk~al seal thi. ~J day of '
, na,o_'~~~
t~ ~~y ~ ~
Notary Public in and fw Staro d~ if L~rpr ~ ;
Retum 10: A~Y Carunission expi?es: I~.
First F~dsral Ssvinps 3 lwn I?ssociat~on N~~'Y PuWb ot N. J. . ' ~ ~
Of Fon P;~.«. FILEO AND RECOitOED~ : ~r c.o~,m~~,r, Exp~,.e, M~r _ ~ '
Fwt Pierc•: Fbrida ST.RECORO VERI~ ED~• '
r
`_.~~~-~'-v • . .
~ '66 JUN 2 PN 3• II ~
.L4cJ~8 ~ Lc~ibf If 1[a7~$OFIL[ 1tap
~OGER ~ OI7RAS y ~iting, i
` or printiaa une~tisiacto~ ~ :
CLERK CIRCUIT COUR7 ` thia docuient tor •icroif l~i~ ;
~x147 140
~ ~ ~ : ~
_ ~
~ ~ , ~ . ~r - _ ~