HomeMy WebLinkAbout1211 . ~ :.r ,
To pl~a a+d aontYwiously kNp on t!w bu7idinp~ now a Mr~aftK ut~at~ on iaid land snd on ~II pvipmeM wd p~r~on~lly cova~d by tAis nart¢
p~, with dl paniwna tl~~on paid in f~q, fin ieau~~nu in tM ~nwl iqndard policy fwm. in ~ iwn approwd by th~ MORTGAGEE. ~nd wi~torm
insvru~q tn th~ ww~ Nandard pol;cy forny in • ~um approv~d by tM MORTGAGEE, M~ucA company or caenpaniK ~s th~ MORTGAGEE ~y
dir~dt ~nd NI fin and wind~wrm iraw~nce polici~s on any oi said build~np~ My {Mf~pt tAl~fi~l Ot pift tAN~Of, in tM ~ep+» wm dorssaW a
!n ~xoa~ ii~~pf, dMll conc~in ttN usual qaxlud awrtya~e cl~ua~ o~ iuch otF~p ci~vs~ q tM MatqapN en~y rp~K~. m~AGp tM low w+da iaid polE `
cta~. ~ ~nd ~wry, p~Y~bls b ~aW AAOkTGACsEE a;n infersst m~y ~pp~a?. ~nd sach a~d ~very such policy ihail M promptly ns:prnd ~nd d~livthd 10 ~
~ny hNd by said MpRTGAGEE as ivnhu ucwity to s~id mwtps~ deW, ~nd, ~at bss thie t~n q0) days tn ~dv~nc~ of tM ~xpiration of ~ach poficy. to d~
I~va to uid.MpRTGAGEE • r~w~l thuwf. topetha with ~ r~ctipf fo~ fhe pr~mium of wch r~newalJ and th~n sMl1 b~ no fir~ a windit«m inwaea
pl~c~d on ~ny of ~aid bvildinps, ~ny G?tKat tMr~in ir~ ~.art thKwf. unlcu in th~ form ~nd with ~M bss p~yabl~ as ~fa~id~ and in tF~ ~wm ~m swe
of mon~y b~con,~s p~yabl~ vr~ wd~ poiicy a polici~s s~id MORTGAGEE shall Mw tl» opt~oa ro naiw ~nd apply tA~ iam~ on acwun? o! th~ Ir~btd~
n.~s wcw~d henby a a pamN ~akJ MORiGAGORS to rsuiw and us~ it a iny put tAereof fa otF?er pwpo~es, without thereb~ waivi~q or imp~'a-
iny any puity, IiM a rtqM wKl~r or by virtw of thh mortpape; a+d In tM ~vent ~id MORTGAGORS sMU fw u~y ~~ason fail to kNp tM a~id prMni~s w
in~ured, a f~il b d~livK p~ompfly sny o/ said politws of inswanc~ ro ~sid A10RiGAGFE, or fail promptly to paY lvlly a~y pr~mi~m tMr~for p in ~
nip~ct f~il b paforn~, di~clwr~, ex~cvt~. ~ff~ct, compl~te. oomply with +nd abid~ by this cov~nt, a any p~n Mrwf. wid MORTGAGEE nwy plaa ~nd t
WY fw wch 4Nwano? or any p~t tMreof without w~ivinp w ~ffedinp +nY eWia+. tirn. pu~b. w ripbt wxbr w by vi.tw of ti~is Matp+p~. and th~ !
ful! amouni of aach and ~wry wch p~~nt ~hall b~ G?wnediately du~ ~ad p~y~bl~ and ~MII bw 6+tKat from tM d~t~ tMnof until paW at th~ rat~ oi ~
nin~ p~r pntum pK annwn ~nd top~ther with wch ioterpt aiull be secvred by th~ li~n of tha mortqay~. ~
1. To Pw+ni1. C01MIM Of iYHK 110 Wuf~. imP+imnent a deterantion of a~d P~oP~+b a+~Y W~ tMreof. +
S. To pay all ~nd dnpular the costs, chup~s +nd ~xp~n~es, includinp ~ resso~~ble attomey's fee and cosn of ~tracn of titb, incurc~d w paid at
any ti,r» by said MpRTGAG`R, beuus~ o~ in tM ~w~?t of tM failvre on tM pah of 1M said MORTGAGOR w duly. promptly and fully pHforn~, difchar~;
~xecu». ~fhd. oanpl~t~. aon~ly with and ~bid~ by e~ch ~nd every the stipulatia:s, ayreaments, cond~tions, and oown~nri oi ~id promiswry not~ and thq i
mo~tpp~ ~nY w Ntha, snd s~id oost~, ch+rqy a+d ~:Pents+. each and ~vay, sMll b~ U~un~diattly dw ~nd p~y~blet whetha or e?w tMr~ be aotia d? }
m~~d. ~thmpt to odl~et a aM p~ndinpj +nd tM full amount of esch ~nd every such paynwnt ~haU be~r int~st from ~M dat~ th~rwf unNl pNd ~1 th~
rote of n1M ptr ce~tum ptr annuny and all s~id oosn, chup~s and expenses incwred or pi+d. tog~~har with such Inta~st. iMll b~ s~wnd by th~ IiM+ of tha
mortD+~- .
6. TMt W M tM ~wnt of any breach of this Mortgay~ o~ def~ult on th~ p~rt of tM MORTGAGOR, a(b) ie tM ~wnt ~ny of aid wem of momy ~
heroln r~fs~t~d fo b~ no1 ptqnptly ~nd fully paid within thirty (70I days next ~fta the same sevtralty betore~e dw and piyable, without d~rnand o~ notit~. l
ar In ths ~wnt ~ach u~d ~v~ry th~ stipula~ans, s9r~emenri, conditiona and coven~nts of ~a~d promisswy not~ u~d thts mwtyap~ ~ny a eit1+N an ~wl {
iuly, aw„~,ty ,,,d ~.dM a.f,•m.d, d~+.~~d, ~xecvt~d, effected, compl~ted, complied wirh and abided ~iy. th~n in ~itl~ or ~ny such ~wnt ttM ~aid ap~ 1
prs9af~ wm m~ntiWwd M idd promiatory not~ then remaininp unpaid, wirh interest ~tuued, ud all n?oneys s~cund. httaby. shsll b~t'ome dw u~d pay~ 4
~bl~ fathwitly w tMtNftN. ~t th~ optan of said MORTGAGEE, ss tully ~rd comple~ely ~s if all oi the s+id sums of nwaey vvsre apinally atipul~t~+d ~
fo b~ paid an wch d~y, ~rthtnp in sa~d promJssory ~+on w in ~his Mo.tyaye ro riry conrrary notwiNa~andinp: and tMnupon w thaeaHM N tM optia+ of
uid MORT6/1(3E~, without notia or demsnd, wit at law or in pvity, therefwe or tMreaher bepw~, nwy b~ prowcubd a if ~II ma»yt savnd Mreby
had matund prior ro ib institvtion,
7. Th~t in th~ wMt tMt N th~ bpinninp of w at any txne peodirg sny wit upon this Morty~, or to /onctos~ h, o~ to nfwea tt, or to snforq
p~ym~nt of any daMns lwr~w~der, s~id MpRTGAGEE sh+ll apply to the tou.t I+~vinp jurisd~ion tlxnof for th~ appoinhnem of a ReceivN. wch Carrt ~hall
forthwhh ~pppiM 1?~CfivM O; Mi~ mortpaped propeny all and sing~lar, indud~n~ all and singulu 1M inooar, profits, issws aed rswnves from wlNt~wr
wura daiwd. ~ad~ snd ~wry o~ which, it beirp sxp.asly understood, is heroby mo.tgsged u if apscifiully set forth snd dewib~d In thi p~~ntirp u~d
h+b~ndwe dawu Mrwf, and wch Rece;wr aMll have ~II the brwd and effective f~nct~ons ~nd powen in ~nywise emnnted by a Coun tp a Reuiva. and
wcn appotntm~nt tMll be mde by such Cowt as ~n admitted equity and a m~tta of ~bsolure right ro wid MORTGAGEE, and withouf nfer~nq to th~
ad~quacy a M~d~qwq of tM wlw of the properry mwtpsged or to the wnrency o~ insolvency of aid MORiGAGOR w the d~fendants, and that s~th
rems, profits, Inooer, iau~s and rwenues ~MII be appliad by wch Receiver accord"u?y to th~ lien or pvity of said MORTGAGEE and the prattia of such
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8. To duy, proa~ptly ~nd fuly p~rform, d'nclarye execure, effect, comple~e, complr wi~h and abids by ead~ u~d ~very tFa stipulat~o~a, apn~nts,
conditions and ooven~nri in sa;d prornbswy not~ ~nd th~s mortyag~ aet fath. '
9. That in tht ~wm tM owrKnhip of tM matg+ped pranises. o? ~riy p~rt thereof, beronws wstd in • p~rwn other tlun tlw MORTGAGOR. tht
MORTGAfsEE, iri wcuston and assipeb may, wHhow ratiu to th~ MORTGAOR, deal with such wcusw? a suct~uw in interest with nfaene~ to this
mo~rp~ and tM d~bt Iw~by secvred in tM s+me rrNnner as with Mortgaga w~thout in ~ny way ririaYag or diacl~+ryinp th~ IYlorrqaqora' liabiliry herr
under w upon tM debt Mr~by ~ecvred. No ~ala of the p.emises hereby mortgaged and no fabcar~nca on ~he pirt of th~ MORTGAGEE a iri wa~ssoa
or aaiym ~nd no ~xt~nsion of tFw time fo~ ths payment of the debt he.eby secured y~ven by ~he MORTGAGEE o. in suaesiors or aaiprr, sh~11 op~rat~
to nleau, di~rp~, modify cMnp~ w affect tM originsl Iiab~Gty of the MORTGAGOR herein, either in whols w in put.
10. It b ~~tifiuty ~yroed rMt tim~ is of rhe essence oi this contract and that no watvs~ of aey obl;par'an I~eurxk? or of tM oblipation s~-
cund Mr~by ~MII ~t ~ny tiin~ thereah~r b~ held to be ~ wsiver of the t~rms hawf a of the irntrume~t ucvred Mrbjr.
11. In addition to ths fo?ego:ng moathly payments of princ'pal and interest requked by the prom~sw~y no~e ~ecwed hereby, morty~gor oownan»
and synes to p~Y fo mortya~te with esch monthlY paYmeM an sdditionsl sum est~mated by mortgayee to be eqwl to }/12 of the annwl tast of th~ foUow-
iny:
A-All rsal propery bxes kvied or assessed ag~inst the above described real estate.
B-Prtmivms on firo and windstorm inswance as herein requ;red to be urried on the improveme~n sitvate on the above dewibed premhp.
C-Premiums on wch mortQay~ ~wrsnty inswance ss mortgsgee shsli from t~me to time deem fit ro urry on tM ban ~ecured he~eby. ~
Mortq~pk si~dl from time to time notify mortgagor in writiry~ of the amount due and p~y~ble 1~e~nder snd tuch wm shall thereupot~ b~ dw ~nd
payable on the due dste af the ~ext monthly payrrKnt and each successive month ther~after until mortpagee shs11 notify mortgagor of a thang~ in such
amovnt. Such wms shall bs applied by mortg~gee toward the payment of reat property tsxes, insurance premiwns, and matgsps pwr~nry insurarKe
pr*miun».
IN WITNESS W 1 fREOF, th~ s~id MORTGAGOR has hereunto ~t his hand snd seal ths day and ys~r fint aforesaid.
; Sipmd, SNb a`d d in 1l~ew~c~ of:
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STATE _9f FLORIDA ~
COUr~ -,S'T. LITCIE
e.fw. m. p~non.~ty .pp~ued F.l ten ~ann
and
nnY+i ia TPSIt'1 Sl~~ his wHe, to ms weft krawn ~nd known to me to b~
ths ind'evldwb describ~d in u~d who e~cecuted ths fwepoiny instrumant, and acknoMrtedged before me that N~ey exearted the ssme for the pwposes
therein •upre~ard. And t1» a.id_ nnri A TA n R
w~Ie o~ ~ti. ..d _ El ton SARr ' ~~pw~ ~ sepKate ad priv~»
examin~tion by ms taken s~p~rst~ ~nd apart from her said husb~nd, ~duwMrladged ro end befor~ m~ th+t she executed wid irotnrment freely and volvn-
tari~y and withovl ~+~y oompulsion, oonstnint appreh ~ io ~~r of or from her s~id husband.
WITNESS my hand and offidsl saal thi~ ~ d~y of A. D. 19~_
sry public in and or t Stst~ of Fbrida at lupe ~
. • Mx ~ion •xpir.s:
R~twn Tw • tl~[. S~it! Of HOfldi ~ ~ifq!
Finf F~dMd S~virgf 3 L+~an Astoti~Yan - v~'~
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