HomeMy WebLinkAbout1601 To plao~ and contiewously ke~p. on tM buildirps now w hN~+h~? situar~ on said land and on all equipmnt ud p~non~lly cov~.~d by Mis na~tg ~
p~, with dl pnmiwrtw therwn paid ie full. tin ir?ivr~nc~ i~ tM u~ual itu+dard policy fo?m, in • sum approwd by tM MORTGAGEE, and windstorm i
inivr~nn tn t!» uw~) st~ndard polky fam, in ~ ~um approvad by ~M MORTGAGEE, b+ wch c«npany w canp+ni~s u IM MORTGAGEE may ~
di?~ctt ~nd all fk~ snd wiewh~wm imwanc~ po!ic:e~ on any of said build~rp~, ~ny tn?~~~st therein w paM tMrwf, in tl+~ apy.ey+~~ w~+ ~fa~s~id o~ ~
In ucpp f1+K~of, ahall contain tM vawl standud matga9e~ cla~s~ or iuch otF~a daus~ ~i 1M Mat9a9ee msy ~pvu~. makinp 1h~ lou unJer ta~d po1E
c~~s, tad~ and ~vMy. paY+b1~ ~o uW MORTGAGEE ~s its interest m~y ~pp~ar. ~nd eacl? u~d tvery wch policy ihali b~ promptly ass:yned ~nd d~livered ~o ~
eny Mld bp s~W MORTGJIGEE ~s funha secwity to s+id ma~g+p~ debt, ~nd. not I~ss th~n t~n (10) da~rs i+~ +dv~nu of tM eYpuatan of e+cA policy, to dr ~
IivN b wW N10RTGJIGEE • r~newal thKwf, top~thK with • receipt ta tM pnmiwn oi :uch ren~wals ~nd tha~ ~hall b~ no fir~ w windatam inswanc~
pl~td p1 N~r pf s~id b~?ildinpf. ~ny i~terql theteio or pirt thereof, unleu in tl» fwm ~nd with tl+~ lou pay~ble +s ~fa~taid: and i~ tM ~v~nt ~ny t~m
of mon~y b~conNC p~raW~ unda wch policy or polKies uid MORTGAGEE sMtl h~w ~M option to ncei~e and ~pply ths sarn~ on +ccount oi the ind~bted
neas t~cw~d hN~by or b pKmit sakl MORTGAGORS fo receiw ~nd us~ H w ~ny part thereoi fw other putposes, without thereb/ waiving o~ ~mpair-
inp ~nr p~ity. liw~ a ripht w~da a by virtw of this morty~r, ~nd in tM event said MORTGAGORS sMll fa ai+y reason fail ro keep the aid pnmiua so
insured, or f~ll b d~liv~r promplly ~ny of s+id polities of inturant~ ro said MORTGAGEE, w fait promptly to pay fully any premium thereta w io a~y
rsip~ci fa(1 b pwfw~n, d'achsr~, ~:~cut~, ~ffM, compl~te, comply with and ~bid~ by thia covenant, or any part herwf, said MORTGAGEE m+y pl~ce and
pay fw such Hawarw~ w~ny put tl+Kaof without waiviry a ~ffectkp sny option, IiM, ~quiry, w ripht w~d~r a by virfw of this Mortpap~. ~nd the
full wrwwN of ~ach and wKy wd~ payment ~Iwll b~ immedi~tely du~ ~+d payabb ~nd ~hall be~? interest from tM daN tlxreof until paid at tl+~ raq ol
n~na pa pntwn pM wrwim and topether with wch interest shall b~ secured by tM lian of this mortqp~. .
1. To pKmlt, oommN a wffa no wast~, 6npaument w dste~~or~tioe of s~id prope~ty or any p~h tl+~reof.
S. To p~y all and sG+pular the cwts, chrr~et ~nd expens~s, includinp a reason~ble anwney's fee and coiri of ~bstrsctt of title, incurrad a paid s1
•ny tierK by wk! MORTCaAGEE, bwuse a in th~ ~wnt of the f~ilun on ths part of ~ht aid MORTGAGOR w du1y. promptly and fvlly psrfam, dischar9~
~xecvt~. ~fhc1. oompl~tq comply wiM and ab~d~ by ~sch ~nd every ths ttipulation~, apreemen». tonditio~u, and cowM~b of said promissory note and ~hi~
mo.t9~ ~ny o? ~itM~. ~nd said oosn, dwpea and expenses, each ~nd ~wry. tMll b~ immed~ately due ~nd p~yabl~: whether or not ther~ be ratice dr
m~nd. ~tf~mpt ro cdkct or wH ~ndl~gt +nd tM full ~noum of each and every wch p~yment ihall besr int~rest from tM date thereof vntil paid at the :
rere of nie» pK oentwn p~r anrwen; and all said cosn, chuyts ~nd expenses incwred or piid, togNher with such int~re~t, iAsll b~ Ntvred by tfi~ lien of tha '
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6. Th~t (a) in th~ ~vent of ~ny br~ach of this Mwtyap~ or dafault oe~ tl» put of the MORTGAGOR, a(b) in tM ~vent ~ny of sa~d wms of money ;
herein r~fKr~d to bs not promptly and fully p~id within thirty (30) d~ys aext after the iame sevaally become due and payable, without demand o? notice. .
or (c) In th~ ~wM tacA u+d every tM :tipulaYans, ~g~eements, conditions and covensnts of u~d promissory note and th~s mwtpase smr a either are na !
~uty, prwnptly a~d fully p~rform~d, dwchsrged, executed. ~ffected, compkted, canpl~ed with and ~bided Sy, th~n in eNher w~ny such ~wnt the aid ap~
flrpat~ swn m~ntia~ad in said promiisory nate then remaining unp~id, with ime?est ~cuusd, u+d all moneyi aecured. hereby, sh~ll becweN dw and pap
~bl~ fonhwitFy a tMrsaR.~, ~t the option of said MORTGACsEE, ~s i~Ily u+d comptetely ai if atl of the wid suma of money were oriyinally ttipulatsd
to b~ paid on tuch day. snythln~ in said promissory eote w in this Mwtya9e to the contr~ry notwi~hst~ndinp; ~nd thtrwpon or the~eafter at tM opfion of
~~id lYIORTG/1GEE, wi~Faut 1Wtit~ w damand, suit ~t I~w a te puity, therefore or thereaher begvn, may b~ prwtcuted u if all moneys iecvr~d hereby
Md matund pr'wt to iri irntitution.
7. That in th~ event that at tM be9inning of or +t any time pendinp ~ny wit upon thi~ 1Nortgsye, w to fasclo~s it, o~ to refwm it, w to enfora
payment of ~ny dairm Mreunder, said MORTGAGEE ihal~ apply to the Court having jurisdiction ~hcreof fw tM sppointmer?t of s Receiver, such Caxt thall
Fwthwith appoinf s nceiwr of s~ matyayed property all and singul~r, includ~rg all and singuls? the incwnt, profits, issws and revt~ues from whatevtr
wurc~ daived, esch and ~wry o~wh~ch. it beirg expressly ~nders~ood, i~ hcreby mortgsged as if spec~fiully set fath and dewibed in thi yrantinp and
habendwe dawes hereof, H+d wch ilec~iwr ahalt have +11 the broad sr~d effective funct~ons and powen in anywise entrusted by ~ Court tp • Reuiver, and
~uch •ppointment ahatl b~ mad~ by such Cam ~s ~n admitted equity ~od a matte~ of absolute right to said MORTGAGEE, end without r~fererKe ro the
~dpuscy w In~d~qwcy of the v~lue of the property mwtysged or to the whrcncy or insolvency of iaid MORTGAGOR or rhe defendann, and thst suc}~
rem~, profiri, incor~e, iuues ~nd revemies shall be spptied by such Receiver accordiny to the li~n w equiry of said MORTGAGEE ~nd the practiu of such
Court.
8. To dvly, prompty snd fully pNfam, disctury~, execute, effect, c~omplete, comply with and sbide by each and ~very ihe atipulations, ayrsemenb,
condi~ions and oovan~nb in said promttao~y eote and this mwtgsye ~et fwth. '
9. That In tM ~wnt tM ownership of the mortgs~ed premises, or any part thereof, becomes vest~d in a perwn other thsn tl+e MO~tTGAGOR, th~
MORTGAGEE, its sucuswrs and ~ssipns, may, w;flwuf notice to the MORTGAOR, deal with such succsssor or wcuswr in inte-sst wi~h reference to this
monpay~ and th~ debt hcreby secured in the same manner as w~th Matgagor without in any way vitiatin~ a d~xFwrg~ng the Mortyapwi' li+bility her?
under w upon th~ debt hereby secvred. No ule of tFk premises hereby mwtgaged end m iabearance on the pan of the MORTGAGEE a ih successors
w~uiy~n and no eatension of the time fa the paymcnt of the debt hereby secured 9iven by ~he NIORTGAGEE w in s~cceuws os assigro, shall opent~
:o releas~, disdwrpe, modify ch~nge or affect the original liabil~ty of the MORTGAGOR herein, sither in whole w in part.
10. It b specifically ~yreed that time is of the esxnce of this contrsct and that no waiver of ~ny obl'patan herevnde~ or of ths obliyaYan se-
curod F~tby sMll at any time tt~ereaftp be held to be ~ waive? of the terms hereof or of the imtrument setured herby.
11. In sddition fo the faego:ng monthly raymems of princ'pal and interest required by the promiswry note secured hereby, morlgagor covtnanb
and ayre~s to p~y to mortgagee with each monti.~y paymenf an additional sum estimated by mortgagee to be equsl to 1/12 of tfie annua) cost of the follow-
in9:
A-All real property taxes kvied a suessed against the above desuibed resl esta~e.
B-Premiums on fire and windstwm inwrance as hcrein requ~red to be carried on the improvements situate on the above desuibed premises. E
C-Premiums on suth mortgsge gwranty insurance as mwtgsgee shsll from time to time deem fit to tarry on the ban setured hereby. !
Mwtyagee shall from time to time notify mortgagor in writing of the amount due and payable he~eunder and suth sum shall thereupon be dtre and
Ij pay~ble on the due date of the next monthly payment and each successive month thereafter ur.til mortgagee shall notiFy mortgagor of s chsnge in wch
j smovnt. $~xh sums shal) be ~pplied by mortyagee toward the payment of roal propeAy ta~ces, insurance prem:ums, and mortgage guar~nty inwrance
~ premiYml.
IN WITNE55 WHE , the said MORTGAGOR has hereuMO set his hand and seal the day and yesr fint ~fwesaid.
~ Swl~d del' f:
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STATE OF FLORIDA ~ - ~
COUNTYOF ?St. L11C~e ~
eefor~ me personally appeued J e a s e Furma n C a rre re
r+OU~ 8 e C a rre ra his wife, to me well known and known to me to be
rhe individuab described in and who ~xscuted the fwegoinp instrument, and adcnowkdged before me thst they executed the same for tl~s purpaes
r?,«<;,, .~a. n,~,d ~r,. Lou i s e C e rre ra
W ~fe of th~ s~id Je 8 9 e Furaien C a rre ra ~p~ s~rate snd privat~ ~
exam~nsYan by me t~ken ~ep~rate snd apart from Mer said F?usb~nd, ~dcnovvledged to and before me that she executed said instrumeM freely end volun-
rar~ly ~nd w;thovt ~ny oompulsion, constnint, apprehens' ~ feu of w from her said husband. LL
WRNESS my hand snd off'~tial ssal t~ day of A. D. 19~52
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~ Nw~ry Public in and fw the ate Florida ~t larps
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