HomeMy WebLinkAbout0804 . . '1 i ~ ,a .
To pba and oonHiwovsly kNp on th~ buitdi~ now a hKNfhr sitwh oe~ aW land and on dl pvipm~M ~nd p~rwadhl bY ~~~P
p~. witA al) pr~Tiwe~ NMnon paid in fu11, fih intw~nc~ in tFr vswl ~undard poticy foru~. ~n ~ sun~ ~pprowd bY tM MORTGAGEE. ~~d wind~twn~
kwx~na fn ti» vsual ~tanda.d policy form. In • sum sppowd by rM MORT('sAGEE. in wd? caeip~ny or aomp~+~iea a?!w MORTGJ?GEE nry
dk~c4 ~nd ~ii fln ~nd wNd~arm tn~wa~o~ poRcws oa ~ny of ~atd butl~np~. +~w q+Nns1 +I+cni~+ o~ pwt ~huwf. in tM ~pprp~~~ ~wn ~for~id a
in u~aM dr~Nf. ~MII oontain tlw uswl alandard narq+~w daw~ a wch otha claus~ as Iln Mat9+~ ~^+Y ~V~+~. ~nakG+p tFit bu und~r s~id po14
ciw ~h w~d ~wry. p+Y~bM ~o aW MORTC~AGEE a its in»nst may app~+?. and ~ad? and ewry wd+ poliey ~MII b~ pramp~b ~ss:yn~d ~.+d dNivK~d a
.ny !wW by ~aW MORtGAGEE a fwrFw ~~a+.ity to ~td nartpap~ ~Mbr. +nd. ea 1~ tMn hn (t~ d~ri in ~dvano~ of th~ expk~tion of Nd+ polky, to dr
liva ta ~+W MORTGAGEE a nmw~l tF~wf. wp~tMr with • nnipt ta tM prsmiwe of wd~ r~ewal~ and thK~ ~hal! b~ eo fIn a windstam ins~aaeu .
ptaad an aeqr of w1d bu11d~„ any Imsrat tiw~in w prt tMrwf. ~n1~ss in ~M forn~'and with tM loss p~yaW~ a~fw~+W~ a~d in tM ~wnt any swn
of nwn~y b~ean~ payabN ued~ weh polky or policia ~aW MORTGAGEE sMll Iww th~ option ~o no~iw ~nd +pply th~ s+n» on ~anun+ 01 ttr ind~bte~ '
nw Ncw~d h~r~r w a p~:mi~ s~id N~ORTGAGORS b haiw and uk.h a ar,y part ~heroof fo. o~he~ pwpos~s, wi~hout ~ha..b~ waivtnq a impair- .
Iny whr puib. IiM? or riyhl w+iir a b~? virwt of Mb mort~pel ~nd in tM ~wnt wid MORTGAGORS sAafl tw iny nawo f~il to ke~P tM said pnmis~s w ~
inwnd a f~il w d~l~ prampty ~ny of s+W politiws d insurvKS w said NWRTGJIGEE, or tail pranptly to pay fu11Y any pr~+niwn tMrefor a h any
r~sp~ct f~lf b pKfocnti d'ad~wp~. ~u~cvt~. ~ffM, aompt~q, cqnP~Y wNh ~nd abid~ by this covM+ar?f, w ~ny put M.wf. said MORTGAGEE m~y plea snd
v+Y fa wd~ Yawano~ a~n~r prt tiwwf without wah?irp a afhai~q +np aW~oe. U~n. pu~tY. a ripM wdw a by vinw of this Mat~+p~. and tM ~
fvll ~NM pf Nd~ ~nd wKy wch p~ynNM slwlf be M~vn~diittly dw and prrabN ~nd ~A+11 b~ar intaasl itan tM~ d~M 1hH~of u~til p~id N~h. .aq o1
rtiM pM pnlwn pN Mrwm ~nd 1o~the+ with ~utA infKat ~hall b~ sKVr~d bY tiN I~en of thit Iqotfp~p~.
1. To p~r~11. oonrnfl ar suff~r no wast~. ia+p~irm~nt a d~tKia~tion of wid prop~rry? or any pwt therwf. }
S. To pay aU and :irqvl~r th~ ~ooan„ cl+ar~a ~nd ~xpN+se~, includnp • reasonabl~ ~t~omty's fN snd a~b of sbtbaets of tFtl~. kKwnd o? paid at ~
•ny t4n~ by said NWRTG/hGfE. bKws~ ot in N~t ~rMt of t!» failws on t1+~ put d tl» ~sid MORTGAGOR to d~ly. promptly ~nd fully pNform, d'acM~
saecvh. ~ff+eL oompl~t~. oomplY with ud ~bid~ !hr ~+eh and w~ry th~ sNp~rl~tiaq, apn~m~NS. conditiom. and aov~ewnn of said promi:~ory eW~ and tha
~+~4+~ +~+1? w~i~M.. .~d ~+d ooa.. cti..pa .~d .~nws, .~d~ «?d .wn. ~.u b. ~way dw a~d pay.a.: wMrl+~. a not rM.~ b~ notki d~
e1~i~1d. ~tNQIW /0 COIIKt Of ~11~1 PN1di~J ~flfJ fIN ~11II YA01M~T Of taCll i1fil WNY MItI1 WY111lM tIMII btM Ie1tNHt FfOnl tM ~1~ fI1HlOf unttl p~id ~t tFw
rete of e~i~ pr antum pK ~ewwm~ wd all ssW obst~, th+rqa and sxpa~aa inewnd or paid, ~opetlwr with wch i~taqt, ~A+!! b~ srew~d by t!r li~n of tlw
~b+~ .
b~. 4hH W In tl» wait of any bn~ch of thb Mortp+p~ or d~fault on tM pa.~ of tl+s N10kTGAGOR. o~ (b) in tM went aoy of wtd wna of moMy
h~nin nf~..~d a b~ nw pramp~h and fu11y p~fd w~rh~n rhuty (30) days next aher tM sam~ ~ewr~lly b~corn~ doe sed payabl~ w~thout d~msr+d a notkt.
w(cJ tn tM w~eN exA ~nd w~y tM sHpulattaw +9~~MS. condirioro ~nd oow~+en of w7d promisswr not~ and ~h~s mor~p~ any or eitlwr u~ no1
iuH. pomptly and fi?Il~r p~rform~d. discMrged. exawt~d. ~ffected, compl~ted, complied with ~nd ~bid~d by, th~n in eit1~ a any such ~wnt iM s+id ap~
prp~t~ wm owaiaNd In ~aid promis+ory oot~ tf~en nmain~q unp~id, with interat acaued, and all na~wys rcw~d her~by, sh+ll b~oo~n~ dw and pay~
+bl~ fa!l~v3il~, a tl~ftar. at th~ option of said IIIIORTGAGEE, as fully ~rd canpktely u N ~Il of the said swns of inawY wtr~ wipimlly stipul~ted
ro b~ pafd an wd~ daY. a~rthiaD in said promis:ory ~wte a ie rhb INw~Qs~e ro t1a conr.a.y norw~tMand~nqs and rhe.wpor? o. thereah.. ~t rM opuon of
said MORTGA(iEE, withouf e~ia a d~nw~d, w'rt at lawr a In p~ity, tM.eForo or thaeahe~ bpun, may b~ pro~acvt~d a If all mo+~eys s~wr~d t»rsby
had nwla~d prior M its Lulitvtion.
7. ifwt b tM w~nt tMt at th~ beyirw?irg of or at any YaM paodinp ~oy wit upw~ tl~is Mor1~p~, or to forectot~ it, or to roforen it or to ~nfora
paymant of ~n~r d~ims Iw~~r, sak! MORTGAGfF tl~aU apply M ths Court I~vir?y jwisdidion thereof 1w tl+e appo~ntmenl of ~ Receiva~. such Couit sh~ll
fortFiwiM ~ppoirM s naiva of s~id mortyaqed property all and sugulu. includuq sll and singulu tM intona, p~ofits, iswes and revenws from wMl~ver
~owo~ d~tiv~d. t+ch and ~wry d whicl+, it b~irg exprestly w~d~nrood, a Fsrebp mw~gaged as ii aperifiuly set iath ~nd dew~b~d in t!w ~rmtinp and
hab«wlun? tl~a tweof, and wd~ Reaiw~ sMll have all ~}r boad ~nd eff~ctiw functiorK and powers in anywis~ entrusted br a Coun to a Receiva. ~nd
such appointnwnt shall be nrd~ by wch Court ~s ~n +dmitted equity ~~d a mane~ of absolute right to s+id MORIGAGEE, ad wirFaut r~ference ro th~
~d~quacy w M~sdequ~cy of Na vah?t of th~ p?opaty mortp~ped w to tl+e wNency or insdvency of said MORiGAGOR or tM defendann, and tlut wch
r~nt~„ profit~, inoo~np issws and nwmies ~hsll b~ ~ppliad by wch Receiver xcordinp to tM lien or p~itp of wid MORTGAGEE snd the pr~ctia of wch
Court.
S. To dulp. p.o~+Pry .nd t„~h p..fo~, d~. exscute, affecl, complete, comply with ud abid~ by sach w+d ~wry tM stipulatioen. spreemsnts„
cw+dition and aovaw+n in ~id promisw.y no» xK! ~his monpay. se~ for~h. '
9. ~t in th~ weM tM ownenhip of the nwrtysyed premisss. or any pul thereof, becomes wstad G~ • panon other than tM AAt~RTGAGOR. th~
IMORTGAGEE, lts ~ucenwn ~nd sssiprn. m~y, wirl~out ~?otice ro tl+e MORTGAOR. deal w;~F? such avcussa~ w auaessor in inter~st wirh refsrn?c~ a tha
mortya~ and th~ debl Mnbr seaK~d in th~ same mamer as with Mortg~pw withow in any way viNatinp or discFwqiny the Mat9ayon' liability h~n-
ur+der or upon tM deM hereby senrred. No al~ of the premise~ hereby morqs~d u~d no ?ab~ar~noe on fh~ pan of th~ 1NpRTGAGEE a i1s woceuws
or assiyns and ra extMS3on of ~ tLr~ fw the p~yment of tM ~bt hsreby sscured piven by the MORTGAGEE a its suaessors or ~ssigns, fhall opwaq
ro nbw. di~d~u~. nwdity eMnp~ a affea tM wipir?d iisbil~ty of rhe MORTC,AGOR h~r:u4 si~Mr in whol~ w in psn.
10. h b~afiully apned that time b of tM esacnce of this contract ~nd that no w~iwr of uq obli~tan M~tunder or of tht obliyation se-
cund Mnby sA~N at ~ny tirrw thereaftar 6~ M!d to b~ a waiver of the tem~s heraof or of th~ imtrvment s~cured herby. ~
11_ In add'ition to the forsgo:ng rnonthly payments of print:p~l and interest required by the prom~sswy note secured hereby, mo~rtgayor covenants i
and ~tees to p~y to mort~sye~ with e~ch monthfy p~Ymen1 an addition~l sum estimaled by mwtyapee ta be equd to 1/12 of the annual cost of the fdlow-
ing:
A-/UI real pfoperty taxe~ kvied or assessed ~psimt the sbove described resl est~te.
Y-Premiuim on fk~ ~nd windttonn inswance as Fwrcin requaed to be urried on the improvameMS sitwh on the above desc~ibtd pranises.
C-Premivms on s~xh maty~ guusnty Gwx~nce ss mortgsgee sh~tl fran Gme to time deem fit to urry on the toan secvred h~reby. E
Maty~ee shs0 from time to time notify mwtgsgor in writinp of rhe amoum due and payable hereunder and sixh wm shall thereupon be dw and
par.bb a+ ti+t due d+tt of r~,e next monrhly p~yrneM and each s~,ccessiw month thereafta ~neil mwtqapee shsll notify na.fy~gw of • cbug~ in wcb
amount. Such iixns shall Iw applied by mortyapee toward the payment of resl property uxes, insuranca prem:vm~. and mort9aQe yuaranty insv~ar~ce
premiumt.
IN VYfTNE55 WMEREOF, the ssid MORTGAGOR has he~eumo set his lond ard seal the day ~nd yeu Rwt afaaseid.
Sipiwd, S~ d and wnd in th~ p~ssna of: ~
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STATE OF fIORIDA ~
SS.
counmr oF St._ i-1tOis
,
e.to,. m. ~,w,.~y ,~.,?.d aehnnie Srn~rn end ~(argerAt A, Brn~nt hi s wi ~ ~ ;
Frenlr} i~ A~ A rri¦ gnd VA7 n~.i w V_ Harr{ ~,,,,;fe, ro ms welt known .nd krww~ so n+e ro b~
tl+e indivldu~b d~sc~ibed in and who ~:~cuted ths faeQoirg instru+n~rM, and atknowled~ed btfon me that thty exewted the sanw for tht pvrposts
rl+erain ~xpnwd. Md th~ '
wit*roFM?twkl yg18Y`~e V~ H~rri s~ yit'A ~t' t~Lw S~d Fr~nklin A. ~'j' a sepuat~ ~nd privat~ i
ex~ninaGon bp m~ qk~n ~epanN and spart from ha said iwsba~d. ~du+ovrl~dped b and befor~ rtN that she e~cecut~d ~id insnwn~nt freely and vo1w~- !
tarily ~+d witbov~ +N~ torrKn+bia4 constraint, aPWet~sion~ 9r fw of ot from 1~ taid fwab~nd. ~
WlTNESS ~ny F~w~d ~nd offkial seal ~ u7~~~~ ~,y Juae o. ~966 '
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Notsry Pub!' and fw the Stat~ of Fbrida ~t La~p~ t
IYIy Cann. . e:pires: ~
R~tvrn To:
wst F.dual Savinps i l.oan Aiwc~at;w~ ' Nptary pUbMc. itaM oi Fbrid~ at Lar~e
or F«~ P'~.~. FII.E~ AN~ RECOIt@EO My Commtssion Exqns Aug. 6, is6~
~o.~..eitcoe. Fb.~d, NTY. i~l.A•
~ $T. I.UCtE C VER{FIEO Bondod e~? ~Krn~rican Sur~ty. Co. of N. Y.
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