HomeMy WebLinkAbout1333 . . ~ r.. a r
To pbo~ and aorMhvo~slY k~P on tFw bvildinp~ ~ww a Iwr~ahK sftwN on sNd land snd on aN ~qu~?NM w~d p~nondh? oovM~d b11 ~~q'
q~,, wiM ap p~ ri~~on p~d In fv14 fih 6awann in tM wwi ua+dard pdk~? for~. M a wm +pprov~d Qp ~M MORiGA(3EE. and wM~duonn
tnsunno~ N thi
w~wl st~nd~rd polic~I farR in ~ wm ~pprw~d by /M iNORTCsAGEf. b wd~ co^iP+^Y «~P+~ M IM MORT~sA<iEE nay
d~nd~ and aM fin and wind~w~m irow~a polici~t on any of wid bvt~d'~+p+. +nY w+t~ra~ rMr~in w pat tFw~wf. ie th~ ~pp~~9+b w~+ ~for~td o~
In •~ea~s th...of. fi~ll oooain tM wwl a«+dard m«~y+p.~ d«a~ a. wd~ ah.r d+us~ a ~M Monpap.~ maY nqu~n. r~?Iro N» ba w~da s.~d po1E
clu. Mth and ~vKy. WY~bb b Nid MORT<iAGEE q iri inftr~st ~y ~ppNr. and NtA uid way avch polity ~hall b~ P~a^P~Y +u:~d M+d d~IMt~d W
~ny MW b~? wid MORTCsAGEE a~ iurtMr Ncuritll to s~id m~ortp+p~ d~br. a~d, not Nss tMn Nn 110) day~ in advana of tM ~xpk~tan of ~acl+ policll. ro dr
liw~ b Mid MORTGAGEE ~ nrNwal tMnof. bp~tF?K with ~ ncHpt fw tM pr~miwn of wd~ ~~wdj ~nd ther~ tMll b~ no fin or windirorm imwanc~
plaad an a~ryr of wid buildinp~ any inter~st ~Mr~in or put thKSOf, val~ss io tlr torm ~nd wi~h tM bss paY~bb as ~fons~ids w+d in ~M ~wot ~ny w~n
of n~o~w~r b~oomN p+yabM w~ wd~ polkf? w polici~s s+W MORTGAGEE sMll Mw tM optan w naeiw and ~pply tM ~ on accow?t of tM ind~bted~
n~st Nout~d INhby q b p~rmM s~id lNORTGAGORS to nuiw +nd uN M Or ~ny put thereof fw othe~ purposes. wi~hout the~eb~ waiviny a imp~h- E
~~Y ~b. li~n ar ripht widn « by vir~w of this mapa~r ad in tM ~wm wd MORTGAGORS sMll (a ~y nason f~il to ke.p rl~ wid pnmis.s w {
i~sund, or faii b dttiwr P~~P~N +~Y of s~W policies of irovrant• ro s~id MOR7GAGEE. ar i~il promprly b p~y fi~11Y ~^Y P«mivm thenfor w in anlr ~
nsp~ct fail w p~.ian~, di~dNrp~. ~x~a+ar ~H~cf. aomPl~t~. aomptY wirh and abid~ by tl~ oovMant, a any P+h l~wl. said MORTGAGEE nwy pl+u and
P+Y fa wd~ in~urano? a any prt tiwnd witlwuf w~ivinp a ~ff~ctinp ~n1? oWion, ~Nn. puHY. a ~ipht und~? or by virlw of this Morq+p~. aid tlw ~
full aenou~N of wd~ aml ~y wd~ pryn+M+t ahdl b~ inwnsdi~tsl~? du~ aed p~yabN and slull b~+r intersst fra~ tM d+N thKwf until paid ~t tM rab o{
nint p~? pnlwn pM wwm ~nd topNM~ with wch intenst shdl b~ setvhd by tht IiNn of this mort~p~. ~
4. To pwn~(t, aomNt a wffM no w+sN. im~P+irm~M o~ dete~iontion of s~id propntp a aMr part tMrwf. E
S. To pry dl and skipvlar ~M aosh. dwr~a u~d ~xP~+y. incivdinp s nasawbl~ ~nan.y's fes and ooab of aMh~cn of titl~, kKwnd o~ p~d at ~
~ny tin~ bp sNd MORTG~ACsEE. ~cws~ a in tlw ~wr?t of tM fsilur~ on tl+e pHt of tM s~id MORTGAGOR to du1y. paePMY +^d fulh P~°fth.
ax~cvt~. ~ffKt. ooTpl~Ni. oomplY with and ~bid~ by ~ad~ ~nd ~wry th~ ~tipulation~„ ~e«n~nta. coixlitions, and ooven+na of said promiuay not~ and thi~
^+a'ty~p~ ~th? a~itha. and s~id oaa. eha?~e+ and ~xp~nws. ~ad~ and ~wry. sMll b~ imeNdiat~ly due and p~yaW~: whe~M. a nw tMr~ b~ noria dr ;
n++nd. ~ttirnpt to aolbct or wh P~dinp~ ~nd tM fvll amount of ~sch a~d w++Y s~+~ P+Y~+t ~Full bea intK~s~ from tM dab tMreof w~Nl p~fd at tht -
rate of ntn~ pu anfwn per ~n+un; ud ~II ~aid ousts, cMryes a~d ~xp~ns~a incwnd or P+id. top~~ha with wch imenst, sFMll M awnd bY tM IiN+ of thi~
reonpa0w
6. i1Mf W tn th~ ewM of any bhsch of N~is JNortp+p~ w d~fwlt on the pa~t of th~ JNORTCaAGOR, or (b) in tM ~wnt a~y of s~id svnn of mon~y
YQ
henin niKnd b b~ nw pranptly and fully p~id within thirty (30) d~ys rnxt after tM same ~everally bcan~ dw uid p~yable. wi~hoW d~ma~+d a notio~,
or (d in th~ ~weA ~ach and w~ryr th~ stipulatioro. +9reema~ts, conditions aad coven+r?b of a~d promtss«y note aed th~s IM~IQi~f My Of fiTAlf an no1
iu?y, promptly and fully paform~d, disd?~r~ed. ~xacvad. ~ff~cr«!, compi~tad, comp~ieJ with and ~bklsd dy. ttrn in at!?K or ~ny wd~ wrnt th~ aid a~
Qr~pah wm m~ntiw~! in s~id promissory not~ then rem~in'up ~np~id, with intaest acuwd, u~d sll rtioMys s~t~nd. Mt~by. sh~ll b~oom~ dw and WY-
aW~ fonhwith, a thKwfta, at tM option of said MORTGAGEE, a fully ~nd compl~tely u ii all of tM said s~rena of mon~y w+r~ a~pin~lly ~tipulated
ro b~ p~id an such'd~y. ~nythi~+p in s~id promissory noh a in this Mortyap~ to tM oontruy notwitMtandinpt ~nd the?N+Pon o? tl~ersafte~ at tM op~ia+ of
~aW MORTQAGEE. without notia or d~m+nd, suit ~t I~w or io puity, thenfon o~ tiwrWfter bsyw~, nuy b~ {xw~cvt~d ~s if all ma~ty~ uwnd h~nbY
ha~d matw~d pia 1o i1s Instinnion.
7. ihN in th~ w~nt fh~f N th~ b~yirv~inp of or at ~ny tin» Wndi^p anY wit upq~rtld~ M~rtprp~~ o'~ !o fondos~ M, or b nfom~ tt. o? to ~nfotq
paymerq of ~ny dain~ here~d~r. said MORTGAGEE ahail apply to the Cou.t havirg jwisd~ctan thenof fa th~' ~ppointm~nt of a RsceivK. wch Cou~t sh+il
forthwith appobM s noeiwr ofs~ matpa~ed propKty a~l and sinpulu, tndud~np all and sinputar thi~ i~ooew. profits, issws and revenws fran wMtw~r
wura d~tiwd, wch ~nd ~wry of which, it b~inp txpressly understood, is Mreby ~nat~aged u if s'etific~lly stf forth ~nd dewibed !n thi prNHirp a~x!
habend,Mn clwNS her~of. and wch Repiwr sh~ll Mw sll tM brwd ~nd effactive ivndions snd pdw~n in anyhriw emr~st~d by a Court tp • Reaiva. and
~uch ~ppoinm~nt sMll b~ e~ by wch Caxt as ~n admined eqvity ~nd a m+tta of ~bsdut~ ri~M w said NIORTGAGEE,. and withow r~fsnna w th~ ;
~dpu~ty p Mwd~pvaty of tht v~lu~ of th~ property mortyaped w to the wlwncy a insoFwncy of s~W MORTGAGOR a th~ d~fa~nt~, and thaf wch
rsnn, profiq, inoorn~, iuu~s and rwenues sMtt b~ applied by such Rewive~ aooord'u+p ro th~ lien or puity of said MORTGAGEE and th~ pr~etio~ of such
Court.
8. To duly. W~omPNY ad fully perform, d'isd~vge, execute. ~ffecf, oompi~t~, eomplY with and abid~ by wd+ a~d wKy t!r stipsrl~tioos„ t~rewn~^b.
conditiom and oovsn~nri in wid prombsory nme and this ~mortyaq~ set forlh. "
9. That in tM w~M th~ ovvnership of th~ morty+psd Pnmises. or ariy put tlrcrsof, beooenes vesbd in • pKSOn MFwr th~n tM MORIGAGOR. th~
MORTGAGEE, its wa~swn u+d ~ui~ro, msy, witho„t notice to the MORTGAOR. dea~ with such succ~uw or w+a~ssw in intaest wirh referMa b ti~b
mort~ape and tM debt hereby secur~d h th~ sam~ m~Mer ss with Mwtgapw without in ~ny way vitiatinp or dischar9inp the Mortys~as' (i~biliry hsr?
under or ~rpon th~ d~bt hereby secvred. No s+k of th~ premises hereby matga~ed and no forbear~nos on tM part of tM MORTGAGEE or i» waeswn
or ~uiQn~ u~d no extKUion of the tims fw the p+yment of the debt hereby ucwed yivsn by the MORIGAGEE or its succes~on or ~ssipns, sh+ll op~raf~
~o r~l~qy dydwpe, rtadify charge or ~ffW tM oripin~l liabitity of the N10RiGAGOR har~in, either in whole w in p+rt.
t
10. It is ~pecifically ap~eed that tim~ b of tM es~erKe of this corar~d ~nd that no wahnr of any oblipaYan her~w~de~ or of th~ oblipation N-
wrsd Mnby shdl at any tirr~ tMreah~ b~ held ro be a waiver of the terms hereof w of t!w iratrumant sewr~d herby.
11. In additan to the forsgo:ng monthlY payments of princ'pal and i~terest required by the prom~stuy note secursd hereby, matpagor ooven+nn
~nd ~yr~es to paY a mort~ayee with exh monthlY paynxnt ~n sddir'ansl sum es~imared by mwtgapee w be eqwl te 1/12 of the annusl cost of tl» fdtow-
ing:
A-All rea) property taxes levied or assessed agairut the abov~ dewibed rcal esaM.
8-Pramiums on fu~ and wu~stwm inswanoe as haein required to be utried on the improvem~nb situat~ on the above described pr~ma~s.
C-Pnmiwns on wch mort9sy~ 9wrantp inswa~ce as mwtgagee shsll from t~me to time deem fit to cany on the Iw~ sewred hereby.
. Mwp+pee slwll from tim~ to time eatify mortgsgw in writ~rg of the amount due snd payable hareurxler and wd+ wm shall therwpon b~ due and
4 payabte on fh~ dve date of the ne:t monthly payment and each successive month thercaher until mortpsqee sh~ll notify mortgagw of a charg~ in such
~ ~mount. Such wms ahall be ~pplied by mortpsyse toward tFK paymant of real prop~rty taxes, i~w~ante prem:wes, and mat9+pe yu~r~nty inwranq
premivms.
tN ITNESS WHEREOF, the aid MORTGRGOR hu herevnto set his hsnd and se~l th~ d+y and fint aforesaid.
_ d, SM d an~
~end in th~ prwnc~ ofs
~~0~ ~ ~
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STATE OF FIORIDA ~
SS.
caunnY oF St_ Luefa
e.~«„ a„a„iw ,~.,~,d L~nn W. Nel aon ,~a
Rita P. Nelaon ~i, M,;ie, to me we,~ ,cn~„, ,nd w,ow„ to m. to b.
the indivldwk daar~d In and who ~x~wted the fore~oinp instrurnent, rd ~d~r~owledp~d before m~ tl+~t they tx~wled ths sarn~ for th~ purposes
,4,d ,M w=a Rit4 P. Nelaon
w~r, ~ e» „~a Lpnn w . Fe 1 aon - , , ;;4.f;,. .~a ~+,?,a
easmiewtion by m~ taken s~pu~t~ and ap~rt from her ~aid Mnb~nd, ~ckiwvvladped w and befon ms tMt she exewted said InttruRMiN~.}+~I~+~od vol~m ~
terily a+d wilhoW any oompvlsioA, constraint, appreMnsion,_c~fex of at fran har wtd iwsband. --'.'r• >>~.~~':L tj 3„
WITNESS my I~u~d «+d offitial s~al tfiit ~ day of ~'1~ ~ I~.; Dr.~ ' b6
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No~ary Pvblic in ~nd fw tM St~:i~ , y?fN~
MY Comniasion u~pinu - ^1 : ` , ~~p~y;~.~~ ~ : C _
Retwn Tos - : ~ ~ ~ ' ~.7:`ti ~ G -
firtt F.d..~l s.vu~ps a Loin ~?sfoci.tior? - ° • ' A ~ • : -
Of fwt Pie?ce. ~j?;•• ~"-'h~.
wn P~.~, Fb.~d. FILED ,`ti:
RIDAstl11R6E ST. .~''~'•r.
LUCAE COUNTY. FLA. •
NO~AmI~B~•~~~d~ 24, RECORO VERIFIED -
• ~ COMMISSION fXPIRES
'°s 14 3 : 3
~
FU~cfi ?OITRAS ~
CLERK CIRCUI7 COURT
~ . ~ s sooK 150 1~ ~ ` ~ ;
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