HomeMy WebLinkAbout0018 1. lo plac~ and cauinuwsty kep on tM iw~Idnps now or lwreaFta s~u~r~ on sa~d 4id u+d m ait e~uiprnaw~ u~d pKwn~tty cowred by Mis nartp~
Ws. witA aM pr~+tiiwns Msteon pa~d a~ tv~1. fia~ i.~+w~~nc~ ~n ~M usual s~a~ard pa:cv 'wm. M• surw aopruwd bp ttv MORiCsAGEE. and ww~eam
;~sv.~ew in tiw ~?swl ~+~rdud pot:cy fonn. in • s~.,~ appror~d by ~M MGitTGAGEE, in such compar~y w curnpauws aa tM 1MORTWIGEE nar
~~.ec~s ~nd all fir~ ~nd w~wrm insurw~c~ pol~c:e~ an any o( sa:d bui+d.r~ :ny inie.est ~l~sre;n w part ~M+toi, in tM a~.eqa~~ wT ~faeaid or ~
;n ex:eas Il+enof, aMll contain th~ vsual uu~dud m«ry~.,~ dwa~ a such od,e~ d~us~ ~s ~M Ma:qa~ce enay ~pua~. aul~np ~1k iou w~r ~,d potF
c~cs. e~cA tnd tvtry. parabl~ w~id MORfGAGEE as .ta ~n~arrst ~ru~ ~,~pear. and txh and e~ _ry s~ch po:~cy sMl~ b~ p.anp~ly ass.pned a~d d~liwrsd ~p
e~y Mld by ~aid INORTGAGfE q lunhM sstuiity lo said monpy~ d~bt. a.~d. na teu ~hsn ~a+ l~0) d~ys in adwr~e of ~1+~ ~xpuauon of each po!~cy. ~o dF
1:~e~ ro iaid MORiGAGEE • neewal tl+Neof, ~oQaher wi~h a recc~pr fa ~he pemiwn of wch r~newal; and ~F,e~~ 4haI1 be rr+ iu~ w~indswrm ;e+swanc~
p~sced on any of said build~nga, ~ny interesf fhere~n or pan thareof. unles~ in ihe fwm and wi~h ~h~ !ou p~yaW~ u atortsaid: ~nd en tht ~~Ont any w~
of mon~Y bKOmo~ payabk und~~ suth policy o~ poliiies said AWitTGAGEE shall have ~he op~~un ~o reu~:Yd ~nd ~pply the aa~ne o•~ ~ccount ot the indebtud~
~ess kcw~d I~~py p tp psrinit said MORTGAGORS to reuive and u~ it p~~y part thereoi for orhrr purposa3, w;ehout :hr~eo~ wairi~ig w~mpa'a-
:r.9 a+~y p~Ih, lien w~ipht under or by virtw at ~hit mo:e~ape: and in ~hs event sa~d A10RTGAGOkS shaU fa ~ny rcason fsil ?o keep tfis sa7d prem~ss~ so
~nswed, or iai) b del~v~t promptly ~ny of said pol~cies of irnura~cs to u~d MOitTGAGEE, or fai! peomptly to pay fully any premium tharcfo~ w in any
:aspecr iail w pNfp:+n, d:uhu9e. eiecvt~ effect, ~ompttte, canply with u?d ~b~de by thls covenant, or a~y put hereot, said MORTGAGEE may place snd
pay fw wch iow~a~c~ w any put thereof witl.out wa~vinp a aifecti~g any opt~or4 IKn. Mu~tY, a ~~h~ unde~ w by rirtw of ttwi Mor~9a~. and the
fuil amovni of ea~ch a~d evKy wch p~ym~nt sMp ba ~mmed"utaiy dve and payable ~nd shall beu inrerest from tM dat~ ~l~ereof vntil paid at th~ raro of
n~ne per c~.?am pK anrwm aa_i eogether wi~h iuch interes~ ihali be a~~cured by tFk lien ot th~s mort9a9e.
I. To pKmit, comerdt ar wife~ .a wut~, Imp~'ument a dete?iaatwn oE said poperty o~ any put thereof.
5• To pay all ~nd sirgular tM costs, chsrg;,} u~d eapenses, includinp s reasonable anwney's fee arx! costs oF abstr~cts of title, incurctd or paid at
any tims by si~d MORTG/1GEE, Mcauae or in the we~t of tfie failwe on rhe part of the saFd MORIGAGOR to duly, prompdy and fvlly perfam, d~uhup~
•xecut~. ~ffect, complet~. comply w~th and ~b:de by each and eYeay the st~put~trons, a~reements, cond~nons, and cov~nann of ssd p~omissory ~a• an~i +l+t~
m.o~r~a~e ~ny o~ e;tha, u~d aaid costs, chu~es and ~xpenses, each and a~ery. shail be immediate(y d~e and payabte: wherher or Ro1 tAers be ao~:ce da
mand, a»~mpt ro tollect w wil p~nd~ng; and the full ~mouM of eath and every wch paymem sh~Ii bear ~ntereit from th~ date thereof until paid at the
~a~e of nin~ p,er ecotvm per sn,wm: ar~s all said eosn, charges ~nd exper.xs ~ncurred o~ paid, ~oyc~her w~~h iuch inter~at. sha11 be s~cured by the li~n of t!w
mort9~,
6. Thst tn th~ evsM of any brexb of this Mortgaye or default on the pari of the MORTGAGQR, w(b) in tF~e eve++t any of ss~d wms of money
he~ein rtflrr~d to bs not p~anptty and fvlly paid within th~rry (34) days next aire~ the same seve.atly become due and payalde, without da~na~d a noiic~,
or (c) :n tM svMf ~+ch and every the stiputaria:i„ ~greements, cond;rio~s and covenanh o! sa=d psom;sswy rote and th~s mortgaqe any or ei~har •?e nol
iuly, prompry ancl f~lly pe~formad. d~xharged, execveed. effccred. comptered, compUed w~+6 a~d ab~ded by. then h e~tFti-r a any t~ch ~wnt th~ u~d aq~
aregata wm m~ntia»d in ssid promiu~ry note then remain~rg ~npaid. with in~eresl acuued. and a~t moneys secvred hereby. shall become dut and pay~
ebls forfAwith, or tMreafle?, at tM option of said MORTGAGEE, a: fvl{y and comple~ely as ii all of rhe said.sunr of ma~ey were wpin~lly supulated
tu b° W'd on svch d+y, a~+y~hk+p ~n sid prom;ssory note w in th~s Mongage to the contrary notwirhsundi~q;. snd ~hsre~pon or thereaher a! tM option of
~efd ktORTG/1GEE, WI~IWYf fl0fitf or demand, suit at law a ir~ equiry, fhcrefwe a fhereai~er beg~n,, m~y b~ prosecuted ~s if ~II ma~eys ~ecwed hsreby
hed matw~d priN tO~ts irtstitution.
7. That in tM event that ~t ttie beginn;ng of ot at a~y t~me pe~d;ng a.~y wit upo:> >h~s Martg+ge, w to forecbse h, or to refwm It, a to enfwp
payment of ~ny daims h~reunder, said MpRTGAGEf ~hatl appty ro the Ca~n havi+~g jv~+sd~crion the~eof !o? th~ appoint~nent of • Receiver, such Court shall
focfhwith ~ppoiM ~ r~ceiv~r of sa' mwt~aged properry all aod singula:, ir+clud~ng alt and s~ngular the income, profin, issues ~~+d revMVes from whattver
wu~ce deriwd, each and ~wey o~which, it being expressly undcrstood, ia F,ereby mo-tg~ed as if saec:ficatly ut fortl~ ~xl described Fn fhe yrantin~ and
h=bendum dausts Aereof, and wch Receiv~r shaH have all tF?e b~oad and cffeceive fuact:ons and povrers in anywise entrusted by • Cou~t tq a Receiver, and
wch appointrt?em sMll b~ made by such Coun as s~ admitted equity a~d a matter of absolut~ rgAt to said MORiGAGEE, sr:d without ?cferaK~ to th~
edequacy or inedpwcy of the wlue of thr property .rortgagrd o~ to rhe sotvency «:nsotrency oF said MpRiGAGOR w the defendants and that sueh
renr~, profits, income, ;ssues ~nd revenues shz!! bs applied by svch Receivr accwd~ng to tha lien or equity o1 s~:d MORTGAGEE and the practic~ of s•xh
Co ,rt. -
8. To duty. promptty and fvlly perfo~m, d'~sciwrqe. execute. ef(ec!. coenplete, comply wi~h end abide by each ar~t) every tla stipulations. ~reert~ent~,
cond~r'wns and coven~ms in s~id promhsory note and th~s mortgage sef forth
9. TMf in tl+s eveM the ownenl~ip of the mort4aged premises. w sny part thcreof. becames vested in ~ penon ott+u than the MORTGAGOR, ths
h'•ORTGAGEE, in succeuon and assiyro, may, withou~ nor;ce to the MORiGAOR, deal wirh such successor a wc~essor in i~teres~ wirh,re{eeewee to fhis
morr9age and tM debt her~by setwed in the same manner as with Mortgagw wifhout in a~y v•ay vitiating or dixM:ging the Mort9~on' lisbility he+?
~nder or upo~t tM debt hereby secured. ivo saie ot ine prem;xs i+ereby mortg.~ged snd no foroearance on the part of ths N1pQTGAGfE o+ i:s s;,ctesson
or ass~gns and no exrension of the time for the paymem of the deb~ herrby secured g~ven by ~he MORTGAGEE a its succeuors w usigns, ahall operate
ro rNease, d::ch~rpe, modify change w affect the aig~nal Gab~l~ty of the MORTGAGOR here~n, e~ther in whole or in p~rt.
10. lt a specif~cslly ayread tMt tun~ is oi the esscnce of ~his contrad and thst rw wsiver of any obl'gar;on F,ereunder or of ths obligatipn H-
cured F~ereby ~Mt! at any rime tAereafter be held to be a wa~we~ of the terms hereof or af the ir~strumem aecwed 1_w.by.
11. in add~tion to iht forego:ng monthly payments of princ'pbl and i~terest required b/ the promissory nere secured hereby, mortgagor cowna~ts
ar:d agrela to pay to mort9agte with each monthly paynent an add~iianal sum esuma~ed by mortgagee to br equal b 1/1~ of the annual tost of the fdbw-
~n9:
A-All real pt~perty fexes levied q sssessed against 1he above dexriyed real estate.
B-Premiums on fire a:~d windstorm insurance as here~n requ:red to be carried on the imp.ovements sitvate an the above described premises.
C-Premiums on wch mwtgag~ guaranty i~surar,ce as matgagee shall from t~me to time decm fit to carry on the toan secured h~yeby. ~
N?ortgsgee shaq from tirrK to tune notify mortgagor ~n wr~t~ng of rhe amount due and payable txreunder and suab wm shall the~evpon be due and
F3yabf. on the due date of the ~ext monthly payment and each successive month thcseafi~r ur.til m~tgagee sha;f notif~ mortgaga of a chsnge in such
a-ount. Such sums shall be appl;ed by mortgagee toward the pay~nent of rea! piope.ry tsxes, 'nsurance prem:ums, and mortgsge gvaranfy insurance
p •emiums.
WITNESS WHE ~JF, tM said AAJRTCaAGOR has hereunto xt h7s hand ar:~ seal the day and yeu fint id.
abd d elive ed in tM presence of: ~ •
~ ; ~
, ~
rc--n
rc~.q
STATE OF FIORIDA `
~ ~
couHn oF 3t, T.,1~i~ ~
Befue ms personally sppeared W9l teT R~ Wi 7 iann ~
~l ArA ~+~~lS~n his wife, ro me well 4nown a~d known to me te be
rhe ~nd~vidwls desvibed in and who execvted the foregoia~ instrumens, end aci~non„tedged before me that they executed the ssme for the p~rposes
~herein eupressed. And tFie ~a;d C+~.SI'8 Milson
wtfe of tM sa~d - Wal tp~. w~~SO~ uPon + seW?att uid priv~te
exam:r~aYwn by me taken separate and apart from her ss;d husband, adcnov„kdged ~o and before me that sl+e eaecuted ssid i(laywieN; f~eety u+d volu~-
rar;iy and witirov~ ~ny compvts;on, constraint. .pprehens~o or fear of w irom her said Fwsbar~d. ~s~~~_~
WITNESS my F+~nd and official sea) this_ ~ _ day of dC _ A. Q. 19~LSL
Y~ ~
ary Publit in s:Ri fw tlKSt~t
~'f~or'ida at Lu~e ~
My Comra:asion expires: - ' ~
Retwn Ta. ~ ~'1 ~ - -
F~rst Fsderal Savings a io.o ~,«~.rw~+ 1.:,~J•-~' •
Of Forf P~erce. _r "
Fo~t Picrce, florida ~ , - . ~ ~RGE
• . . A~~•~-URIDA2 1969
F1~8 A~ UNTY' NOTARY FUBLIC. ss. -
REC~Ra V~FtIF~ MY CV4`AtSS10t~ EXPiRES AfR- .
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