HomeMy WebLinkAbout0425 ~ , t
To pl+o~ a~d aontMwo~+siy kwp on tM b~ildinys now or hKesfiN situat~ on aid land snd a+ all ~quipm~nl ~nd p~rwn+lly oow~~d bY this ~t~
~g~, with ~11 pMniwes tMrwn p~id in fv16 fih inswurc~ in ~M uswt sardud pol'~cy farn. in ~~wn ~pprowd bY tM MOR~tM MORTGA~iEE ~~Y
mwranp in th~ wua) p~nda~d policy fain, in a wn? approv~d by tM MORTGAGEE, in wd~ canpanY a coe~(~+^~C
dir~ctj ~+d ~11 fin ~nd winih~onn in~wanot PolicKS a+ ~ny of s~id bviWinp~, ~ny 4?~~st ther~in or p~rt tM~~of, in tlw a~pny+b wm afons+W or
tn ~xaa tMrsaf, ~MII aoe?t~in tM uawl uandKd mort9apN cla~ne o~ such wka daus~ a tM IlAorty+pN n++Y nqu~n. m+kinp th~ bas Nid pdF
ci.s, .ach .nd ~wry. Wr•b1. a s~id MORTGAGEE as in inTerest nwy ~pp~a~. u+d ~ach and •wry wd? polky ~MII b. praop~y +~s:y~wd and d~liv.r.d ro
~ny MW by wW MORTG/1GEE p fwthM s~twity to s~ld mortpa~ d~bt, and. not I~u tMn ~~n (10) d~ys in advanu oi tM ~apl?~tion of uch policl?. w dt
liwr to wid MORTGIIGEE • n~+ewal th~nof. loped~u wi~h ~ naipt fw tM pr~mium of s~ch ~~ww+4 ~?d tMn sh~ll b~ no fk~ or winds~aT imw+na
pl~csd on ~ny of wW bui{dinps, ~ny iMKat tlwrtin or put tM?eof, unless in the fwn+ ~nd with tM bss payabh a afonsiidr sed in tM ~vNM +nY wm
of ~rwMy b~conws paY~bN u.~ wch polky a Po~icws s+id MORTGAGEE shall h~w H» op~ion to rsuiw u+d apply tM s~ on +caa+M o1 tM i~d~bred~
neu s~cw~d hK~r w to pKmit wid MORTGAGORS ro nc~iw and us~ N w ~ny part thereof fw aha purpos~s. wi~hout tMreb~ waiviop or imp~ir-
lnq anY ~9~rib. li~n or ripht a+d~~ or by virtw of this mortpap~: +~+d in th~ ~vent s~id MORTGAGORS tMll fa w~y nason fsil ro ke~p th~ wid pr«ntsu w
~~,u..d, or fstl a d.livu P~a++PtN +~Y of wid polK~.s of inaw+nc. ro sad MORTW?GEE. a~~~i aomP~iy to Par t„iy aey p~.mwm rh.r.fo. w i~ anr
~espea f~il b pKfan~ disch+rQt, uc~cv», eff~ct. comP~~t~. comPb with nnd abid~ by tlNS aownant, a any pa~t I+srwf, s~k! MORTGAGEE m~y pl+c~ and
P+Y fw weh fewwanq a~rq? p~t tlwrwf without w~ivinp or ~ff~dinp My optia4 ~i~n. Mvity, a ripht wkl~r a by vinu~ of this Martp+p~. ~nd tM
full anawN of ~ch and ewry wd~ p~ym~nt shrll b~ imMd'Nttly du~ and pyaW~ and ~h+ll b~aN &?tKM from th~ d~t~ tMrwf until p~id af tM rab ol ,
n1n~ pK pnhKn pK annwn and lopethe~ with Nxh interest ihall be sacvr~d by tM 1'~? of this mortpap~.
4. To permtt. aommit or wifu no wast~. Mnpai~m~e1 or detaiowtia? of said property any pirt therwf.
S. To pay ~11 and ~inpular tM oosts. ch+roes ~nd expNUn„ includinp + nasooabl~ anarney i fN snd oos» of aban~cta of title, MKwnd or paid at
any tlnw b~r qid MORTG/1G£E, b~uus~ a in /M ewnt of tM iailw~ on /M put of ti+~ said MORTGACsOR b duly. promP~y u?d fvlly p~rform, disch+~
~xesut~. ~fhd, oomPleb. oomplY with and ~bide by ~sch and every the stipulataro. +yreema+n. caxlition+. and oown+nts oi said promiuwy not~ u~d th4
mortO+W arh? or ~itMr. and wid wsb„ ch~r~s ~nd ~ap~eaes, esch ~nd ~very. sMll b~ &nmediat~ly due ~nd p~y~bltt whetlKr w not ther~ b~ rwtiot d?
mand. ~tHmpt to ooll~ct a wN p~ndnpt +nd tM full amoutd of eath and ew~1l wch piYme^1 sh+ll be~r intu~st froen tM d+q thn~f u~81 p~M~ ~f tM
rare of nirw pa centum pK ~nnuent u~d sll s~id oosts. char~s +nd expeos~s inwrred w paid. ?ogether with wch in»na1, shell b~ s~w~d ~y tM Ifa~ of tAa
mort9+p~.
6. TMt (a in th~ ~wnt of any bnach of this Mortgs~ « default on tir part of the NWRTGAGOR, or (b) in ths ~wnt arhl of Nid wmt of mo~ey
herdn nf~n~d to b~ not pranpty and fuly psid wi~hin ~h~.ty (30) days next afte. iF+e s+me sever+l~y b~tane du~ uid WysW~, withoW d~m~nd O? noficy.
or in tM ~wM ~ad~ and ~wry tM sHp~lstiom. +9r~ame^ts. condir'ans ~nd cavenana of s~~d pro~nisswy ~wt~ ~nd thia nartp+p~ any w~itha ~n no1
iuty, promptly and fully p~rformd, diuharped, ~xecut~d, effected, compl~ted. complied with ~nd ~bided by. tMn in ~itMr or any wd~ wNN tM said a~
prpat~ wm m~ntioeNd in said praniswry not~ then remainiep unpa7d, with interest scvued, u?d sll mon~ys s~cw~d. hu~by. sh~ll Moonw dw and pay~
abl~ forthwiM, a tMnafter. at tM option of said MORTGAGEE. ~s fvlly ~nd compleeely as ii dl of ti~ wid sunw of ma+~y w~ apin+lly stipulatd
ro b. pad on sud? day, anythGg in s+id pra~i~uory not~ or in ~Ms Morty+9e to ~he contrary notw~~Mqnd~npj and thu~~oe a ther~~hK at the op~ion of
••id MORT~3AGEE, withovt ootio~ or d~m+nd. wIt ~t law w in pvity, ther~fon or tMreafrer be9un, nwy b~ p~os~cut~d a lf ~11 moMyt Ncund h~r~b~r
had matwad prior fo iM inslitution.
7.~Th~t In th~ ~wnt th+f tl tM bpioni~ of or ~t ~ny time pendirg ~ny wit upoe this Maty+p~, or to fondos~ h, or to nfwm h, o~ to ~niwp
payment d aenr daim~ h~r~~xwl~~. s~id MORTGAGEE shall apply to the Court Mving jurisdicYan fherwf fw tM ~ppointm~nt of ~ R~eivt~. wd~ Coun sMll
forthwHh appoMt a nceiwr of s~ mwtp+p~d propKlY all and sirgvtar, includ~ng all and singvl~? the income. profi», issws ~nd nwnuN ftom wh+hva
wurc~ d~riwd, tad~ ~nd ~wry ~which. it b~inp expressly undcrsrood, is hereby mwtgaged u if specifiully ~et forth atd dMCrib~d h thi pr~ntinp a~d
hakxnd~m daw~s herwf. and wch Reuiv+r sMll Mw ~II the broad ~nd effcctive funcrions and pow~n in anywis~ emrus»d by ~ Coun tp ~ R~oeiv~r. and
~uch sppoinhrwnt shall b~ mad~ by wch Caxt as an admitted eqvity and ~ matter of absolute riyht to s~id MORTGAGEE, ~nd without nf~r~na to th~
ad~qvacy a i~+~d~qwcy of th~ wlw of th~ PropertY ^nortp+yed or to the wlvency a insolrency of ~aM MORTGAGOR or tM d~f~ndanu, and tMt wch
renr~, profib, Inoome, iuws and rweew~s sh+ll b~ applied by wch Rece+ver accwdiny to the 1'wn a quity of ~aid MORTGAGEE and tM practiu of wch
Court.
8. To duly. prompHy and fully p~rform, d'acha~, execute. effect, compkte. comply with and ~bid~ by sacl~ w+d twry th~ stipul~tions, apr~rwnts,
conditiau and ooven~nM in s~id promh~ory note and this mott9age set forth. ' ~ "
9. That in th~ ewnf the orvewship of tFr mat9ped Pra^ises, o~ +^Y P+rt thereof, becanes wsNd i~ s pKton ofMt fh~n th~ AIIORTGAGOR. th~
MORTGAGEE, ita suoceswn ~nd auigro, may, without no~icn ro the MORTGAOR, deal with ~uch s~xc~ttw or waaswr in ii+t~rea with nfenna to thb
mo.t9p~ and th~ debt hsr~by secwed h tM a+me marr~er as with Mwtgagw withovt in ~ny way viti~t'u~p or ditdurpug th~ Mo~ty+pw~' Ii+bility lwrr
under w upo~ tM d~bt hKaby secwed. No s+le of the premises hereby mortgaged a+d no forbearanoe on th~ put of tM MORiGAGEE a hs waesson
or auqrn snd no ~xtension of tM Yune fw the p~yment of the debt 1?ereby secured y'~ven by the MORTGAGEE w its wco~swn w atsipns. ~1?+~~ op~++»
to releat~, distMtp~, modify thanp~ w affect the orqin+l li~bility of ~he MURTGAGOR herein, tither in whols w in put.
10. It b sAecifiutly apreed th~t time b of tla esscnce of this co~tract and that no w~iwr of any obligstan hsrw~der a of th~ oblipation t?
cured Mr~by sMll at ~ny tirM tM~safia b~ held to be a w~iver of the tcrms hereof a of the irotrument ~e~w~d herby. ~
11. In sdditwn to the forego:ng monthly paymenti of princ'pal and interest required by the promissory nole secured hereby, rtarfp~go? cown+~b
and agrees to p~y ro morty~yee w~th e~ch monthly payment an add~rional sum est~mated by mo?tgagee to b~ eqwl tb 1/12 of the annual cost of th~ follow-
ing:
A-All real prope~ty taxes levied or +ssessed against the above described re~l estate.
B-Premivms on fin and windstwm inwrance as here~n requ~red ro be carried on the improvemenri iitwte on tl+e ~bove desaibed pnmiws.
C-Premivms on such mortqa9e ~wranty insurance as mortgsgee shsD from time to time deem fit to urry on t!w bsn secured hereby.
~j JNort9sye~ sh~ll from tims to time notify mortgagw in writirg of the amount due and payable harevnder end such wm shall therwpon M dw and ~
! payable o~ fhe dus dste of the next monthly p~yment and each wttessive month theresfter until mortgagee shsll notify morigsgor of a thsnQ~ in such
amount. Such sums sF~all bs ~pplisd by mortgagee towsrd the payment of mal prop~rty taxes, iruurance prem:ums, and mat~~pe pwwMy inwranu
premiums. ~
IN WITNESS WHEREOF, the said MORTGAGOR Ms hereunto set his Fund and seal tM day and y~u fint aforesaid. i
ad, S~+ ~d u~d d~liwr~d tM res~na of: ~
~ n
n
~--n
STATE OF FLORIDA ) ~
courm oF St. Luci6
~ ~~,~h+P~+~ Jame a W . Laia ,,,d
Ann it. L8~1 his wiie, to me well known ~nd knawn to me to b~
the individwb desa~sd in and who ~x~cuted tlw foreQoirg instrument, and ~ckrawled~ed btforo m~ tfiat they executed ths same for th~ purposes
r~erein .~.....a. n~d ~+~..~:J Ann R. LaW
rvife of th~ s~id J8iR68 w I,BW - _ upw~ a sepuate and privat~
ezemin~tion by m~ taken separ~h and aput from her said husband, aduwwledged to and befo~e ms that shs e:ecuted said iratrument fre~ly and volw~-
tar~ly u+d withouY ~ny canp~lsan, oonstraint, apprehensan, or fe,~a.r~ of or trom her said husb~nd.
WITNESS my hand ~nd officlsl seal thu ~~o _J~-l.~.y ~ A /1. D. 19~
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Nw~ry•Publit in u~d fw th~ Stat~ of Norid~ at larp~
~~..:a~M~y~ ~~pmw~sion ~npires:
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Fint F~nl sw~s i ~os~ ~?s~oc~~ra~ ~ ~ ~ ~P~~ 23, 69
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