HomeMy WebLinkAbout2587 - _ _ . , i, L~ ~ "a~ ~ I. r:~ _ ' - .
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Te pha ani. aoMMMwudy kNp on th~ buildinp~ iww a 1»nah~? Wh~N ow said IMd ~nd ae ~N pulpnwM and p~non+llp oowr~d M? MN nior~P
p~ wUA ~N prMNu~K tMrron p~id in fv16 Nr~ intw~nat in tFN vswl aandard Pdk11 ~a~R N• wa~ +ppror+d M N» MiORYGJIGEE. ~eid wM~d~~on~ '
lmwanp le IM u~wl sfandud PoFk~? fa?n~ N~ wm ppowd th~ MORt~il?~iEE. in wd~ oon+panr or', oo~M+~i~ M 1h~ MORTGAGEE n~
t
dh~cb +~d ~II An ~nd wind~tone inMx~na poticiN on any wid buiWMp~, wh? InN~t 11~~M a prf M~nof. M th~ pp~~+h ~ dora+id a ~
In tMnof. sMp aoM~in tM u~wl pandaed nwrro+~ dsuw a wd~ a~lw dwM a tM Mo.tppM ~w11 ~iqu~n~. a~k~+~ 1M los~ u.dK s~id poN~ }
d«. ..d~ and w~rp. PiraW. b ~.id MORTGAGE! a~ ns inhnN n~? .pp.r. ~nd ..d+ ~nd rwry sucA policy ~Iwll b. prampth .as~ed and d~Mvrnd a
any hNd ?y Ni~ MO~TOACifE M fMrtlw ~cu?M1f to i~id ~orqp~ d~W. ~nd. eof Iw tAan Nn (10~ days in advano~ of tM ~xpk~tion of wch po1k1?. b d~
Itwr te M~d Mi0~T6AGfE a r~vwl_dreroi. 1opNhK whh ~ naiW to~ Mt prM~iuw of wd~ nmwal~ and d+~n ~II b~ oo fin or wird~torm inu~~na
plac~d on ~n~r ef s~id buikW~p~, any IntaW tlwnin ot p~rt tMteof, vnl~sf in th~ form and with th~ loss p~yabM N~tan~~idt a~d in th~ ~wnt ~ry wn~
of niw~r b~ooe~M p~yrbb w~d~r wd~ po1M? a policMs ~aid MORTGAGEE sh+U h~w tM option 1o naiw ~nd ~pply th~ w~n on acta+nl of tIM ind~bt~
nas .rcund Ire~ a b pamk sald MORTGAGORS a naiw .nd u~ A a? .ny pa~t N~eof io? whe. purpw.a wi~houf N~s.eby wahinp w imp.tw _
~q ~+~1? ~Vuiy?. ~ a~ia1M u~dM or by vir~w d Nii~ ~nortp+ptt ~d in tM ~v~nt uid MORIGACORS shall fa ~n~l rw~a~ bil 1o kNp th~ wid p.~nisM w
6++w~d. w. fafl W d~pwr P~~MN ~1? Pf said polici~a af . iiw+nna w s~id MORTCsACsEE. a f~il proa~ptly b p~? h+11Y ~11 P~«niwn th~ntor or in an1?
ti.pKt hp b p~r(arn,.dacl~~e, wwlw ~ffW. aon~pbh. oomplY wtth and ~bW~ by ~is oow~rdi, a an~r p~rt I~~of. ~aW MORiGAGEE msy pl+a +nd
WY ~ wd~ YNUr~ao~ or ~n1? Pw1 1hM'eaf wilhaA w~Mnp a ~ffKtino ~r optaA. lia~, pu11y. w tipM w~da or b!I virtw of tNt IMorpp~. and tM
ivU ~waint d.~+ch «id ~1I wd~ P+~u ~Irl{ bt Ina~? du~ and psra~bl~ and s1yi1 bw int~raM from tM d~N d»rwf w+til paid at th~ raN ol
nin~ pN CMMU11 ~t Yr11Rn lfld IOpM~K w~ WGA {MKNt s~NU b~ MCwtd br I~N IiNI Of Nlit IMp1~ip~.
1. Tp pwte~,.aome~il er wNw no ww~, M~p~kia~?t a delKia.tiou of said prop~rty a++ry p~rt lhawf.
3. To pq all Md sMpular tM oo~h. elwy~ and expMw~, indudirg a n~sonabh ~twrn~Yti fN and oos~s of abq~Ktt of ti?b,. Nan~d w p+ie! M i`
+nY Nms by Mtd MWTOAGEE. baww or b th~ w~nt ef tM faihx~ an th~ PKf ef th~ uW MORTGIIGOR w duly. PromPtN ~~M P~+^ti ~ ~
~x~. ~ff~?. oo~apNNr oanply wAh aed did~ b1l wth ~nd w~ry th~ atlpulatipw„ ipn~nt~ cwditfan. and oownanb of s~id promiswry ~wt~ snd thi~ i
~q+Y~ +M a~iNN?. ard Mid aosuur chi?~s and ~xP~n~,. exh arwl w~rY. siwH b~ imnNdianlp dw ~nd WYabbt wMtFw a nw tlwn b~ notia dr
e+and maep~ w oo1Ma or wH p~nd'u~p~ and th. fuli ~nowM of .xh and rwry wd~ p.~ ~MII b.ar int.r~st Mm Mr d.a eha.d uMil piW af th.
rate of nin~ p~r antus~ p~r arwweu and dl add aostti cM?~s ~nd e:p~maa tndxr~d a paid, top~lhu with wd~ in1wW. ~11 b~ Mtund b~/ th~ iNn of tAY
morqp~. .
b. lha W in th..w~r d any bn.ch ai tN~ M«q~p. a d.f.ulr an N,. wrf oi th. MOrtTGACOR, a~ tn. )h. w«a .~r of Mtd wim of eae.y
Mnin nfKnd b b~ not prornptly and fuly paW within thirty Cd0) days n~x~ aftK tl~ sam~ sevKalty b~ean~ dw and WYabN. without d~nwed o? notio~.
or (c) in th~ w~A wch ~ad ~wry th~ st~ubNom. +~~en~fs. oon~litian ~nd cowmna of s~id pranitswy not~ and this ~apsp~ +^1? a~itMr an no1
ivh, prai~pth +nd hdh? pKfore~wd. d'aeh~?yed„ .a~evbd. .tf.e+.d. aompl~nd oomPti~d wtM and •bidsd by. thu+ tn ~itlwr a+iw wd~ w~n1 riw .aW .P
prq~t~ MM~ nMt~tiWMd in wid pranissay noN then r~ininp ueWid. with intu~sf ~cvued. ~nd all moMys Np~r~d.lwnbY. sh~ll b~ooer dw and MY'
sbl~ ~orthwhl4 a tMn~fq?, ~ t!r option of aaid MORiGAGEE, as fuly and oomplttely a if all of tM wid wms of moMr vwn oripiMllY ~tipui+t~d -
w b~ paid on weh day. +nYthinY i? sa3d pro~nksary e~w~ or h tNs Martpp~ to th~ eont~uy nawiNataedinpt ud Nwnupa+ a the~ihir u tM option of
•aFd 1NOItTG11~i~, vriNwut naia a d~nw~d, wN M taw a b puiey, tl~~on or tMrNha bepu~, ayy b~ prowahd M if dl mo~rs Na+nd Mr~b~r
hac! nwtund ptfor M ib inHiAAion.
7. Th~t in th~ ~v~nt tAst ~t ~M bpinnirg of a at any tim~ p~edinp any w~ vpo~ this Mwtpap~, ar w tonetoa N, or to nfanw M. a to ~nfora
P+Y~ of any d~nt lwnunda, sald MORTGAGEE sMll applr to tM Caxt Iwvinq juriadictiai ~henof tor NN +PP~ of ~ R~o~ivK. wch Cawt ~11
FwtkwMh ~ppoiM a noriwr of~1 nartpa~d propaty aU and sinpul~r. M+cludinp all aod irqular ~M inoon». Profit~, hsva and nwrw~s from wMfwK
wvrc~ d~rAred. wch ur! awry of which, H b~i~p txp~essM w~d~erstood. it h~reby mortq~ped a if ~cifiully aa1 forth and dMCrib~d in thi pr~ntinp ~nd _
hab~ndua clauMS Iwwof. ~nd wd~ R~aiwr ~h+ll iww ~II tM brosd and eff~ctiw functions and powers in ~~ntnawd by ~ Cowt tp ~ R~piwr, and
wch ~ppointnwu.ah~U b~ n~ by aud~ Caxf a; an adn+itted aqvitp and e nwttK, of abwluM rqM w s~id MWtTG~?GEE. and without nf~nno~ b th~
ad~quacp a M~d~qu~ty of Nr value of th~ P?oPKh~ mortpa~d w to th~ soNency a inwlwncy d said NWRTGAGOR a th~ d~hnd~nts, snd that wth
rents. WofiM. Y~ooew, iww~ and nve+w~s shall b~ appli~d by wcb R~oeivet aooord6?p ro th~ lien or ~quity of ~ald MORTGAGEE and th~ prattia d wd~
Co~R. , i. . .
e. To duly. proniptM «~d fulh wrforrii. exacuti. effecr. compkN. oomdy w+th and ~bM~ b~r «d~ ~nd wKy tM stipubtloia„ apn«mna, t; .
corxlitiw~s ~nd oo+~w~wus in aaid pranksory noq and thit mo~tyap~ sN iwth. ' .
a : .
9. ihat tn th~ rr+M th~ ow+wrshiP ~~~?~D+Y~ P~. a+~Y P+n N~wf, b~ooe~es v~nt~d In • p~rwn Mlw~ fhan th~ MORTQ~AGOR. th~
MORTGAGEE, i1s wcaaon and assipro, may, whhow notica fo tM MORTGAQR, dsd with such wcauor a~+oaao~ in inhrat wNh nfennu to fFds
:nart~apt and eM deW Funbr s~ew~d h th~ sam~ m~nner as with Matppor wHho~A in any rriy viti~tinp ar dbdwpinp fh~ N1o~q+pors' li~biliw h~r~
und~r or upoe th~ d~b hK~by ~d. No s+l~ of the pren~us heceby mortp+~~d and eo fo~b~a~nw on M+~ pan of th~ MOR?GAGEE a ha wooason "
or usipro and no ~xt~nsion of fh~ time fa th~ p+ym~nt of tM deb+ Mr~by sKwed pivM by the. N101tiGAGEE a ih svcassors or saipn~. ~hall opK~N
to reMasR, dutharp~, modify clwrg~ or aff~ct th~ aiyi~wl tiability d tM MORTCsAGOR h~raR, ~it~ M whpl~ or Mt part.
ia a~.a~.iy ~~..a ~h.~ r~» ~ or n» o~ e~ e«w.n .~a ~h.~ ~o w.w.. or «,y ow~.rw~ ~...~+a.. o. o~ d+. obuo.rio~ -
wnd Mr~ dw11 at wryr tMw tM.esN« b~ h~ld to b. , waiv.r of th~ arms lwr~of a~ of tlw instmm~m qau~d Mrb~r.
i~. xld~r~ ro d+e ~..go:og momhH WY~~» of princ:pal and interest ..~..d b~? +h. P.o~~ao.Y ~+oa s.c~ed hereby, mo.ro+~o. o~.oa~n
snd ~yr..s to pay a nwnpspee w~th •~ch monrhly pay~r~em an add~rion.l sum es~~msud by mo.~yap.s ro b..qwl a 1/12 of rl» .enwl coa d~h. folbw-
;nq: .
ArAll nal property taxa kvied a assessed agsinst the abov~ d~w~'bed real estate.
d-Pr~miwns a+ fire and windstorm insurancs as her~in requaed to bs turisd on tM improw~+tb situab on the ~bow dtwibed preinlWS.
I~ G-Premiums on wd~ morty+0~ 9uuanty M+swanoe as morqapee shall from Gme to time de~m fit to carry on Nr ban ~wrsd her~by.
~ Morty~ ~hall from time ro time rwtify mortgs~or in writinp of tfie sn+ount d~e snd psy~ble hu~u~der and such wm shsN ther~upon b~ dw and
~ payablt on th~ due dste of the next monM1Y WYment aod esch wooessiw month theroaher until mwtq~ps~ ah~ll no~ify mort~spor d• chsnp~ in wd~ i
amoum. Sutl~ sums shsll b~ ~pp1laJ by matpape~ toward ths p~ynrnt of r~al prop~rry taXa, in~w~na pram'wm~. ~nd mortp+D~ ~+~h
I pnmiunN. ~ 4
~ IN WITNESS MMEREOF, th~ s~id GAGOR hss hereunro s~t his Mnd ad s~al th~ d~y and Mt afae~id. ;
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STATE OF FWRIDA ~
~~~r,n, ~ 3t. Lucie ~ . ~
e.~.. m. p«.«+~w ~+~.a Kemper w. Ra9 -,~,a `
Mabe Rs F~is vvN~. „ n„ ,rd~ lu,ow+, ,i+d la,own n,. to b. t
the Indlvidwk d~wib~d in and who ~x~wt~d and ~dcnowle~ped btfon m~ tlwt tMy ~x~aited tM w~ne for th~ purpars i
,,,ne~, .~..d, Ma ,i,. , abe ~ay
wife ~ ' Remper W. Ray , ...p,,,~. ,~,d P,a,,,.
exemindion by m~ qkan sepwat~ ad apirt from her said husbsnd, ackrwwledped to ~od btfon m~ tlwt sM ~x~cvted s~id irotnwmm h~ely ~nd volum
tarily and wAhpul ~ny opmpubioq, tonstnint ~ppreF»tsiw4 d~fw of ot fran hM ~aid Iwsb~nd.
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wmvESS mr ~+.~a «d offiti.~ thK S' d,,, of A uat c. ~q 66
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~ Naary PeWic in «d for fh. Stm of Horid. .t trp. -
MY C~onrnission ~Pi?Ns
RNum Ta ~
first F~d~rsl Savirqs i Lo~n Anodation 3~~ ~
Of Fort Pieru. N ~?..n~a. • ` ..5+~+~N~'~t ~ j -
w,~ v~.o~, Fb.;d: FIlEO AND RECORDE~ '4 '~~?.~y^~%.r
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RE
~'E COUNTY, F~, ~ ~ ~ ^ ~
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E R F'OITR~IS AT .
CLERK ~~RC~~ - . I::
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