HomeMy WebLinkAbout0837 To placr and oontlm+outlY kNP o~ ~M buitdinpi now w hertaf~a utvat~ on isid land tnd on all eqvipm~M and pKa~+lly cow~~d by 1Aif tnOtlp~
p~. with dl pr~miuna ~Mr~on p+~d G+ full, fin intuYanu io ~M uw+l iunda?d policy fo~m~, in a twn ~pprowd by tM MORTGAGEE. and wied~tam
tn~u~ana in tM uswt uu~d~rd pol~cy fwm, in a wm ~pproved by tM MORTGACrEE, in such c~panY a ao^'P~^~ u~~TGAGEE ~y
dinctj Md sll fln ud winibwrm iraw~nc~ policies on ~nY of flid b1J~IdMCi, MY i~?iNMt tlNf!&1 Of plfl tMt~OI. in tM pp~s9at~ swn afa~sald a
in ~xaa thN~of, sMll cont~in tM uswl ~tandud mon9a9e~ claus~ w such o~Fw~ cl~us~ a th~ MortpapN m+y nq~k~. ~n+kiig tM losf wdw s+~d pdF
ciy, wcA ~nd ~y~ry. p~Yabl~ b Nid MORTGAGEE as its i~ttrest may sppear. and each N~d ~ve~y stKh poliq slNll b~ prwnplly ~ss:yMd ~nd d~llwt~d ~O
a~y h~W by s+id MORTGAGEE a fwthu sen+~ity w aaid m«tys~~ debt. and, not I~u th~n tM (10) days in ~dvana of tM ~xpiration of ~ad~ polity. to dr
livsr ro said MORTGAGEE s ~~wsl therwf, top~tF?K with • rece~pt for ths premiwn of tuch renewalj and there shall be no fue w wir?dstam inwru~u
plxsd on ~ny of wid buildirg~, any interat thK~in or p+rt th~reof, vnleu in ~M fam and with ~h~ toss p~y+bl~ u ~fw~iaidj ~nd in tF~ ~vent ~ny wn+ :
of moMy Mcan~s paY~blt w~d~r wch polity w polici~s said 1NORTGACsEE sMll h~w ths option to npiw and ~pply tM ~m~ on aaa?^t of ?IN ind~btd~ j
ne~s Hcvnd Mr~by w a pKmN s+id MORTGAGORS ~o ~~ceiv~ and us~ h w any psrt thereof fw other pu~pos~s, wi~hout therob~ wsiving o~ imp+h• i
iry anY puity. li«+ w ~ipht under a by virtw of this mort~a9et ~~+d M th~ ~vcnt s~~d MORTGAGORS th+ll fw ~ny nsson f~il to ketp tM s~id pr~mis~s so ~
insu~ed, o• f•ll a del~ver pomptly My of said policies of insuranc~ to sa~d MORTGAGEE, or isil promPtly ro p+Y w~N +~Y P~«^~~?^~ ~~~fa °r i^ ~^y 1
r~.pect fail q pe~fwm, dischary~. ~x~cut~, effect. compl~te. comply with ~nd abide by this ~nt. a any pa.t M~wf. said MORTGAGEE may pbc~ a+d ~
pay fa tuch in~uranc~ w ~ny put tMrwf without w+ivinp a affectirp any opYwn, li~n, pvity. a riyhf ur~ or by virtw of this Mortpspe. ~nd the
full amo~nt of ~ach and ~wry wch paYma+t sh+ll be immediately dw and p~yabl~ ~~+d sh+ll beu interat from tM dat~ tM~sof ~ntil paid ~t tl» raN of
nine pN pntum pK annum ~nd toyether with wch interest ahall be secvred by tla IiM of this morty+~~• !
4. To pumit, oonu~dt or suffer no wast~. LnWi~ma?t w dete~ior~tion of said p?opaty w my p~N tMreof. ~
5. To pay dl ~nd atr~e!sr th~ cosb, charQes +nd expe~nes, including a reason~bM attorney i fe~ ad cosri of ~batracri of title, incvrnd w p~id N
any tlms by ~aid MORTGAGEE, b~c~use or in 1M ~vMt of ths failure on the pa~t of tM uid MORTGAGOR to duly. promPtb +^d fu~~Y P~'fa'^~ d'+~M'p~
execu~~. ~ff~a. oomDlen. oomplY w~th and ~bide by e~cF? and every tM ~tipulatiau. +9reemenn, caxl~~ions. and oown+nn of aid promi+ary ~wt• and ~hi~ ~
mortyp~ aMr or sitFar. snd said costs, chu~es and expenses. each and every, ih~ll b~ immediately due snd p+y~bb: whetMr w not tMr~ be rcotic~ dr
mand. ammpt ro collect or w8 p~nd~nyt and tM full amo~nt of each and every such payment shall bear In1tfN1 ffOrtl tIM flitf 1I1!/fOf ~ntil p~id ~t the '
rote of nin~ p~r centum per an~wm; and all said cosn, charg~s and expe~ses incurred or paid, together with s~xh intKpt. shall b~ s~tur~d by tM li~a of thi~ i
^art9+q~• ~
6. Th~t in tM ~wM of ~ny br~ach of this Mortgsg~ w detault on the pa?t of the MORTGAGOR, o? (b) in tM ~wnt ~ny of said wm~ of ma~y j
her~in r~fNr~d to be not promptly ~nd fully psid within thirty (30) days neat after the same sevaally beca+» due +nd pay+ble. wi~hou~ d~mand a noriu.
or In tM ~vent ~ach ~nd every tl+e stipulaYwns, agreemen~s, condiiwns and coverunn of sa~d promiuory nWe and this mwtpp~ ~ny o~ ~itMr a?~ no1
~uly, promptly and fvlly pKformed, discMrged, ezecuted, effected. completed, complied with ~nd ab~ded by, tFwn in ~ither a any tuch ~wnt tM s+id ap~
prsgate wm ma~tan~d i~ uid promisswy not~ then remainin~ uopaid, witA interest acuued. and all montys Ncvnd_ ha~by, sMll b~aonN dw ~nd p~Y
abl• forthwith, Ot tMfN}tN. at tM option of s+id MORTGAGEE, u fully snd comple~ely as if all of the s~id swns of money vwn aipinally ~tip~latsd
to b~ paid on such day, a~ythlnp in said promiuwy note w in this Nlortgsge to the contrsry notwitl?ftandieg: snd tlwnupon w thK~after ~t tM option of
•~~d MORTGAGEE, withovt notiu w dem~nd. wit at law or in equity, therefwe w thKeafter beyvn, maY b~ pro~tcut~d as If ~II mon~ys s~tund h~rtbY ;
Mi! rMtvrld prior fo its irotitWion. ;
7. That in tM went thst at tM be9inning of or ~t any time pending sny wit vpon this Mortyay~, a to Wnelos~ M, w to nform It, a to Mfwo~
paym~nt of ~ny d~ims herwnd~r, said MORT('iAGEE shall apply to the Court haviny jurisdK~ion theraof for th~ ~ppo~~tm~nt of a Rtceiwr. such Co~rt shall
forthwkh appoint s rKtivN of sai~ mortpaped property all snd singular, includ~ng ~II and singulsr the incan~, profits, itsws a~d t~vMUSS from wMt~vK
wurc~ d~riwd. ~atA ~nd ~v~ry o# wFiKh, it beinp ~xpressly undtrsrood, is hereby matgaged ~s if apetifiully tet forth and dNUibsd In Mi p~~ntinp and
e;aor.r+dwn wwes Ax~of, and suci~ ~Ceteiver 3IU}~ IiiY2 •iI itse txa:.i an3 etfzet;ve tVrR~ia-.s ar.~ r,.x¢n :.~s e:sy~rEse rnlnntes! by • Carrt tp ~ Reodver. ~nd
•~ch ~ppointm~nt ahall b~ mad~ by such Coon u ~n admitted equity snd a rrytter of ~bsotute right ro s~id MORTGAGEE, ~nd without nfennc~ ro th~
adeq~BtJr or in~dequaty of fM v~lw of 1M property mwtysged w to the wtveacy w~osolvency of ujd MORiGAGOR o~ fhe deftnd~nq, ae+d that wd~
re~ts, profin, Incan~, iuues and nvenves shall be ~pplied by such Recciver accwding to th~ lien w equity of wid MORTGAGEE and tAe practit~ of wcA
WuA.
8. To d~Fy. prornPtly ~nd fully paform, discharye, execufe, effect, complete, comply with snd abide by sach ~nd ~very th~ stipulations, apr~nts.
conditans ~nd ooven+nts io s~id promf~sory note u?d thls mutgage set fath.
9. ihat in ths ~wnf the ownership of ths mortgaged premises. or any part thcreof, becomes wst~d in a pKSOn other tMn flw MORTGAGOR, tl» ,
MORTGAGEE, iri wcusson ~nd ~uipro, m+y, without notice to the MORTGAOR, ~1 with auch succ~stor or Mxaswr in inferpt with r~f~nnc~ to this
monype and tM debt hertby secured in ihe same manner ss with Mortgagw wit ut in ~oy way vitiating p disch~ryin~ tM Mort9ayOrt' IiNbility h~rf
unde? or upon the debt hereby ~ecured. No sale of the premises hereby mortgsged and no forbearanp on tht p+~t of th~ 1NORTGAGEE a ib wcu~son
or •tsg~ and no extension of the time fw the paymcm of ~he debt hereby secured 9iven by the MORTGAGEE a i» successors or usipes, shdl opu+t~
to rele~, discFwry~, modify tha~g~ or affecf the o~iginal liability of the MORTGAGOR herein, either ~ whob w in part. ;
10. If h specifically ayreed rhat time is of the essence of this conuact and tMt ra waiwr of ~ny obliyaf'an Mreunde? w of th~ oblip~tion sa ~
cured Mreby sMll at any tim~ thereaher be held to be a waiver of the tcrms hereof a of the irutrument secur~d hKby.
11. In addition to the forego:ng mo~thly payments of prin~ pal and interest required by the prom~ssory ~ote secured hereby, mortpsgor oown~nb y
and agrees to pay to morigagee with e~ch monthly payment an addi~ional sum est+mated by mortgagee to be eqwl to 1/12 of ths annua) toit of tM follow- i
ing: ~
A-All real property taxes kvied w assessed against the above described real estate.
• - - - .:.swe:N.c e's ~-'-e- "-"-"J :...Y ~L'~M~..h ~:b.sfw nn ~{r 1~~+fwP f~!~(r:~+~f~ f1/Mniua.
O-TfQmIVffA Vf~ i~/C 11~Y w~~1Vi~N~'~~ ~~c.c..~ .~yv..cv :v ~~ic' ~r..:.'~ • -
II C-Premivms on such mortgage pwnnty insurante as mortgagee shall from time to time deem fit to uny on tM Iwn secured hereby. ;
~ Mortgsgee ~hall from time to time notify mortgagw in writing of the amoum due and psyabk F~ereunder and suth wm shall thtrevpon bs dw and
~ payable on the due date of the next monthly paymem and each successrve month thereafter uroil mortgagee shs11 nofify mwtgagw of a chsnp~ in such
~ amount. Such sums shsll be applied by mortgagee toward the payrnent of real property ta:es, insur~nce prem~ue?t, and mortp~ps ywr/ntp loswanc~
~ premiums.
IN WITNESS WHEREOF, the ssid MORTGAGOR has Me.eunto xt his hand and sesl the day and year fint afw~saW.
Sipnad, 5 I~d and red in th~ presence of:
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STATE OF FIORIDA 1
ST. LtTCIF ~ u' ~
courm oF
eefon me personally appeared Jose*~h M. Ch@93AY' and
KA thrvn T. A a qer _ ha wife, to me wen krawn •nd known to me to b.
the individwb desvibed in and who ~xecuted the fore9oiny instn?ment, and adcnowledged befwe me thst they e:ecuted the same for the q+rpw~s
therein enpressed. And the as~d Kathrvn T~ (`hess~r '
w~fe of tM wid JoqenYi M ChP83AY' ~ upon e sep~r~te aod prn+te ~
examin~Yan by me taken sep~nte snd apan from her said husband, sdcnowledged ro and befue me that she executed said irotrvment freely and voluo-
rar~ly snd without ~ny compulsion, corntraint, apprehe 9p. w feu of or from her ssid Fwsband. LL
WITNESS my hand +nd official seal this day of tember a 19_5~~_.
s -
Notary Pu in and fw the State of florida ~t lupe
• My ion ~~cpirq; ~
Ren~rn Ta. • 1Votary PubMc. itaN oi l7orid~ at Carge
Pinr F.deral S~vin~s 6 losn wssociat'an - . My COmmiuion Ex ~r~s Au 6, ~
Of Fort P7erce. - ~.!~l;.:, P 8• 1967
F,;:`~.:H~~ ~ond~d By Am~ncan Surety Co, of N. Y,
fort Picrte, Flaida ~:-O
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