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HomeMy WebLinkAbout0360 To plac~ and continuously ke~p on tM buildinps now w t+t?e+fte~ sitwt~ on iaid land ind on ~It eqvipmeM u?d p~noewl~y oovsr~d by thls ~p~ afle, with all pr~miumt tMrwe~ p~id in fv14 fire insurince in rhe usual •tardard policy fwm, in a ium approwd by tM MORiGAGEE, ~+d windstorm in~~r,ncy fn rM uw+t ~t~ndard pol~cy iam, in • sum ~pproved by rAe MORTGAG:E, in wcA comp~ny a canpu?ie~ ~s tlw MORTGAGEE m+y direcr, ~ ~II fir~ ~e+d windslorm inswance policiet on sny of said build~n9s, ~ny intertsr thtrein w put the~wf, In tM sp~re~~r~ sum ~fa~faid o~ ~n ~xcess thweof, tMll contain tM v~wl standard mor~gages clau~e o~ such othe~ clauss ai th~ MatyagN may rpuu~. makinp Ih~ loss unds~ said po~i~ cie~, each ~nd ~vKy, paysbl~ to said MORTGAGEE as iti interest may appcar, and each u~d every such policy sMll b~ promptly ass:ytisd a~+d dtliver~d M ~ny held by aid MORTGAGEE ~t furthe~ security ro taid mortgags debt, and, no~ leu ~han rcn (10) days in advance of tM e:pi~atia? of e~ch policy, ro dF I~~er to a~id MORiGAGEE a rtntw~t th~~eof. 1o~ethN with a recetpt fw the premium of such renewal; and ~hen thall b~ no fsn a windstam insur~np pl~ced on any of s~id buildinp~, any interett Iherein or psrt thereof, untess in the form and with Ihe lpss paYaW~ u ~toresaid; and in tM avMt s~y uun of monsy becomq pAyabl~ ur~r auch policy w polKies said MORTGAGEE shall haw the optiw~ ~o receive and ~pply the same on ~ccount of the ind~bted~ ness secur~d h~reby p to Namit s~id MORTGAGORS ~o receive ~nd u~e it w any part fhereof fw othe? pwposes, without thxeb/ waivi~ig or impair- infl anY pvity, ~i~n w ryM vnde~ or by v'utw of this moasgage; and in IM event said MORTGAGORS shall fa ~ny ~eason fai) to keep Ihe taid ~emisas so insured, w tail W deliver pomptly ~ny of said poticies of insurarxe ro sa~d MORTGACaEE, w(ail promptly to pay fully a~y premi~m therefo~ or in any respect f~ll b p~tform, diic'.~upe, execut~, effed, complste, tomply with and abide by thi~ covenant, a any put hertof, said MORTGAGEE may pl~t~ •nd pay fw urdi inwrancs or any part lhtreof without w~ivinp or affectinp ~ny option, lien, cquity, or r'~ght ~~da o~ by virtw of thit Mat9a~. ~nd tM fult amo~nt of ~ath ~nd tv~ry/ suth payment ihsll bs immediately dw +~d payable ~nd shall besr interest fran th~ datt thereof vnril paid al f?N ral~ ol n~ne per untum ptr annum and toqether with ~uch interest shaU be secured by the lien of thia mort~age. 1. To pNrt+tt. oommit w wff~r no wut~ imp~irment or deteraraYan of said propaty or any part thereof, S. To pay ~11 ~nd dirgular tM cost~, cMrges ~nd expenses, including a reasonabte ~ttwney's lFx snd costs of ~bstracts of title, incvn~d or p+id ~t eny time by said MORTGAGEE, betause o~ in the event of the failure on 1he part of li+e said MORTGAGOR to duly, ao~,PtN a~+d wuy Pe.~«rn, d~stFwr9~; execur~, rffeet, eomplet~, comply wirh and ~b:de by e+ch and every the i~ipula~~ons, agreements, condifions, +nd cowna~n of said ~.romissory not~ ~nd rhis mortg~pe ~ny or eitha. snd s~id oosts, chuga and expanses, each and every, shall be immediately due and payabte; whether w nol there b~ r~otict d? msnd, atttmpt to eollett or wit p~ndtngj ~nd the ful! amount of each arxl eve?y s~cA payment shall bear i~tsr~st from tM dats th~reof v~til p~id at tM raie of nina pe~ centum per u~num; and all said mst~, charges and eape~xs incvrted w paid, togethe? with wch inttrut, shall b~ s~cvred by /M li~n of ttw mort9ap~, 6. TMt in the event of aoy bresch of this Mortgage w defavlt on the pa.t of the MORTGAGOR, w(b) i~ th~ ~wnt any of ~~d sums of morNy herein ref~rt~d to be not promptly and fully paid within thirty (30) days ~ext afte~ the samt severally betoms due ~nd payaWe, without d~msnd w notK~, or {cy tn tM ~vent e+ch and ewry the stipulations, sgreemenn, cond~t~ons a~d covenants of s+~d promissory note and th~i mortpape any a ~ither ~n nw ~ ~uly, promptly ~nd (ully perlormsd, dischuged, execuled, effeded, completed, complied with and sbided Sy, th~n G+ eithet w any tuch eveM tM said p~ ~ are9ate wm mentarwd in said promiswry note then remaining unpaid. with interest acuucd. and atl moneys seturtd. hereby. sMll betome dw ~nd pay~ ! ebl~ forthwith, a tFweafta, at the option of said MORTGAGff, as fully a.d complefely is if all of ~he said s~nw of money wcre orpinally ~tipvt~ted ~ to ba pa7d on tud+ day, anythinp in ssld promiuory note or in this Mortgsge to the contrary notwithstandinp; ~nd tMrwpon or ther~aftsr at ths optan of aeid MORTGAGEE, witho~t notic~ or demand, suit at law or in equity, therefore w thereaiter begvn, mar bt prwecut~d a~ if all mw~tyt ~~p?nd Aat~by ~ hed matuttd piot to ib iMletution. ~ ihet in tM event thst at the beginning of w~t a~y time pend~rg ~ny wit upon this Masysge, a to lwsclos~ h, w to nform It, w to ~nforq ~ payment of ~ny d~ims hereunder, ssid MORTGAGEE shall apply to the Coun having jur~sd~ttion thereof fw /M ~ppo~ntmatt of ~ Reteive~, wch Co~rt sh~ll ~ Forth.:?~h ~ppoint ~ receivsr oF sa+~! mwt~ed property sl) and singular, includmg all and singular the incarw, profits, issues ~nd rewn~ces from whattv~r wurce deriwd, e~ch ~nd ~wry o# which, it beinp expreuly unders~ood, is hereby mw~gaged as if spec~fically set fath and dewibad in tl+i 9r~nrinp ~nd habend~m dauses hereof, ind uxh Receiwr sh~ll h~ve alt the b~oad and effcttive funct;ons and powers in anywise entnnted by ~ Court ty a Reuiv~r, and ~~ch appointm~nf ahall bt m~d~ by wch Cowt as ar? admitted equity and s matter of absotute rigAt to s+id MORTGAGEE. ~nd witFouf reietH+t~ to tM ~ sdequacy a inadpuacy of the wlw of the p?operty matgaged or to the sotvency a insolvency oi said MORTGAGOR or tAe defsndants, and that avch renrs, profib, incant, is~ua and rwenues shalt be applied by lIKI1 RKCIVl/ KCOffJill9 10 fI1Q (iM Of lqYllY Of s~id MORIGAGEE and tM pudiu of wch Court. ' 8. To duly, promPtly ~nd fully perform. d~xharye. execute, effect, complete, complY with and abide by rad~ aed every t!w stipvlations, ayre~nwnb, conditions snd oovtnsnts in stid promhsay rate and this mongsge ut forth. ' 9. Tlut in the eveM ths ownenhip of the mortgaqed prem~ses, o. any p~rt thereof, becomes vast~d in a pason other th~n th~ 11110RTGAGOR, th~ MORTGAGEE, iri waetson and ~u7pn~, msy, without notice to the MORTGAOR, dcal with ~uch successor or ~utcessor in i~terest with ~~fen+~ce ~ th4 morrgaye ~nd tM debf hereby secwed in th~ same ma~ner as with Mongago? wifhout in sny way vifiatirg n d~stharpirp the Mort9s~oss' lisbility h~rt under w upon tM debt htreby secured. No uls of the premixs hereby mwtgaged and no iabearance on the parl of the MORTGAGEE or itt iuccessors or atsigns ~nd no exterision of the time iw the payment of the debt he?eby secured give~ by the MORTGAGEE a iri succtssors a ufipns, sh+ll opetaq io release disth~rpe, nwdify thange or affect the o?igirial lialiility of the MORTGAGOR herein, eilhe~ in whole w in put. 10. It Is apetificaliy apreed tMt time i: of the essence of fhis contract and that no waiv~r of any oblig~tan I~ereuoder or of th~ oblpatiOn N- c~~ed hereby shall at any time thereaher be held to be e waiver of the ferms hrreof or of the instrument tetured herby. 11. (n additwn ro the fwego:ng monthly payments of princ'pal and interest requ'ued by the prom~ssory nore secured hereby, mort9sgor coveeun» and agrees to pay to mortgagee with each monthly payrnent an add~~ional sum esumated by mortgagee to be equsl to 1/12 of the annval cost of 1M follow- ing; A-All real ptoperty taxes (evied w assessed agai~st thc above described reai estate. 8-Premiums o~ fire ~nd windstorm insurance as he~ein requ:~ed to be carried on the 7mprovementt aituate On the above described premises. C-Premivms on suth moitgaga guaranfy insuror~ce as mortgagee shal) {rom t~me to time deem fit to ca~ry on the ban secured hereby. Mortgagee sh~ll from time to time noNfy mortgagor in writing of the amoum due and payable hercur?der and such sum shall thereupon b~ dw snd payable on the due date of the next monthty paymenf and each successive mon~b thereafter ur.fil mortgsgee shall notify mortgagw of a chang~ in suth i a^:o~ni. Such sums sAall be applied by mo?tgagee toward the paymeM of rcal property tsxes, insurante prem:ums, ~nd mortpsge guawnty inwnnce premiumf. ~ IN WITNE55 WHEREOF, the seid MORTGAGOR has hereunto set his hand and seal the day snd fin aforesaid. f te~: ~nd vered ' pr~nce of: - i i ~ ~ ~ K"'n - I STATE OF FLORIDA 1 ~ couNrY oF S~. Lticie ~ Before me peraonapy tppea~ed Rohert N. Jaudon ~ P aul inP G e e i 1 i a Ja u d on ha wife, to me well koown and known w me to b~ tt,e individwls described in and who executed the foregoing ir+str~rr?ent, ar?d acknowledged before me that they exewted the same for the pvrposes ~ tnerein eX~.e,kd. a,a t~,.~a P~uline Ceeilia Ja~~c~on ~ N.fe of ths said Rohert H. oYAU~ 071 upon a separate s~d pirvate e.amination by me taken separate and apart from her said husba , adcnowledged to snd before me that she exetuted said irotrument freely and volu~r rar~ly and witho~t any compulian, c«nt~sint, apprehension, o~f sr of w from her wid Iwsband. WITNESS my h+od and official se+l thi~ °~S day of Au 3t a n. ~q 66 ;--~f?f-.~ ~ ~ ...L-Q ~ ~ Notary Pvblic in and for the S~ate of Florid~ ~t Lupe ~ { My Commiuion expirea: ' Return Ta. ~ . ~ F~t:~ Feder•I sa~~ tk;arr Public, Statc at Florida at l~rge ~ ~s a ~o.~ ~oc~at~w? FlLED AND RECORDED " of Fon P;~.~e. My Commission ExpircK No.. 3, 1969 ~ Fwt v~~?c~, Flwida ST, lUC1E COUNTY, FI.A• ~,Qo.a e, w.~...~.~ F•~. a c,~.r? co. ; ~ ~F~~~i; V=RtFtED ; ~ ~~,~""T ' • _ : ~ . . 4 ~ '66 ~ 25 P~1 3 . 20 _ ~z Q } ~ - ~ - ~y^ - ~ .SU.~`i! ~ 1IlhJ I- f~ ~JZQ'~ ~ CLEi~K CIRCUIT COURT , ~ ~ . . ~ ~ ~ ~ ~ , . ~ ° R 153 360 ~ BOOK _ 4;ti1~ Y w.~~ a~. ~ _ _ _ _ - ~;w - ~ ~ ~x~ ~ _ +4t~ .i " - " ~