HomeMy WebLinkAbout0022 To pl~p ww! a0ntin~~uaty ke,p on tM bu~ld:cgs iw~w a iarrsat;sr ~~w:~ oe: uid land ar+d on atl squi~~e+N ~nd pe+s~ully ccv~r~d bY ?hit ^.ap~
~y: wi~h aN p~miwes tAereon p+~d in fv:l. f~r~ iniv~~nc~ w+ ~ns uswl rr.nde~d po!Kr (onn. in • iuw~ app~owd by t?~ t.;.L::.AisEE. ~nd r•~ndin~rm
:nsxu+ot M+ t!~ ~nwl st~n~ard po1~i far+~, in + wm app~u.sd by ~F?; M4RTGAGEE, in sucF cwnpany o~ canp+ni~s as tM 1NORTGAGEE ~a~
d:ccej ~nd all 1in o~d t.~ndsarm 'a~sur~nu pou-,~s o.~ +ny of ssid bu~~d.nQs. ~ny u+~~resc ~herrin or oaK rhs+soi, in ~M ayprpan w~n ~f«es+d a
In exo~ss tlwwf, shall conuin tht uswt sundud mo:~gd9ee davse or such ahe. cl~~ia u IM Moregr~ea may rpu:~~. ma?inp t1» los~ unde~ sa~d Po~F
de~, s~ch ~nd ~very. pavabN b s~id AM7RTGAGEE as ~b interest may aopta?. and each and evey suth pol~cy shall b~ pompNy sa:Q~~ed ~d dtlivs~ed M
~ny I+~Id by s~id MCftiGAGEE u fwtAs~ setwity ~o said rr.~~g~ deC~. s-+d. n,H less t~an ten i10: d~Y~ i~ advanc~ of ~h~ ~ap~rat~on of each ~wl~cy. ro dr
~~va to ~id NIORTGAGEE ~ nntwal ihK~of, roge~hK w~'h • rete~~•i fcv ~M p.r.n~wn of wch runewal: a~d ~Fw~ ahall bt no fire w winds~wm in:wanu
pl~ced on ~ehr of said bvild'ugs s~y iroaest therain o~ pu~ the,eof, un:esa ~n ?he form ~nd w~fh ~he losa payable as •fa~sa~d: +nd 'u+ rhe ~ve^1 ~ny wen
of morwy becpn~s paYable w~da wch policy or polKies said MORTGAGEE shall Mve ~he opt~on a recriw and ~pply tM s+~e o~ +:ca+n~ of th~ inde~:~d'
Reu ~ecured M.•by w a p.~m~~ sad N~ORTGAGORa ro receiv~ ard use it a any pa~t thc•eoF ica othe~ purpous, wi~hout thereb~ waivi~g w~mpah-
t~ any puitq. lia+ o: rgM ve~d,i~ or by vi~tw of this matgaye: and in the svr.~t sa~d MORTGAGORS sti4U fw any ~es:an fail to keep the sa~d F•~n+~ses so
insured, o~ f~U b d~liwr pranptly ~ny_ of said policies of insuranc~ w s~~d MOR~GAGEE, a fail promptly to pay fully any premFum therefor a in a~y
respea fail ~e paipn~, dischupe. ~xecuts, effect, ca~npl~te, comply wi~h snd aGde by thls cor~nant, w any put 1+erwf, sa•~ MORTGAGfE may p~ace and
pay fw wd? irawanct or My Wrt tMreof without w~iv'u+p w affectinp any opt:an, lir~, equ~fy. w ri9h~ undt~ w by vi~tue of this MwtQape• ~nd tM
full anww?t of sach and wsry s~ch payment shall be imrnediasety dw :.~~d paraolt and s1?~II beu int-res~ f~om rh~ dat~ thcrnof uotil paid at tM ~at~ of
n~n~ pK eeetwn pa uwwm and toQ~~ha w;th such in~erest s'~atl be secu~sd by the liea of th+s no?t9age.
To pamit, comn~it a wffa ~o w~st~ imp~irment or deter:wation of isid property o• any paA the~eof.
S. To pay etl and sinpulsr *1» coats, cMrpes u~d exp?nses, :nclud~np a rcasonable srtwney i fee and co:ts of abstracts uf titls. incvn~d ot p+id
any firt~e by said MORTGA6EE, boca~ w in tM event of the failure on the part of the said MORiGA3'JR to dufy, promptly ~nd ivpy pe~fornn, d~sch+rq~t
•xecur~. ~ffep. aompl~tt comply with and ~b:de by exh and every ihe stipu~ar~a~s. +green,ems. :ond~f~ons, snd aova++nn of sa~d pranissory eats and thii
mwtpap~ any p eifhn. and said costs, c.harges and expenses, cach and evc+y. shali be immed~afcly due and pay~ble: whethe.- w not ther~ be ratice d~?
m~nd, ~tteir.pt to colktt w wit pe~d~ng: a+d fhe ivll ainount of each and every wch psyment shaB bear ;ntrrast from ~he dste ehereof vntil paid a+ tM
-are of nir» p~r «ntum per ur.vm: ~++d all uid cous, charges and cxpcnses ~ncwred w paid, toge~her wuh such in~er~at, shall bs setured by tM lieo of tFw
mortQ~.
6. iMt (a) in th~ evMt of any bresch of this Mortgag~ or defa~lt on tM put of fhe MORTGAGOR. or (b) in ths ~vsnt aoy of sa~d svm~ of ewnry
her~in r~fwnd to b~ not promptly and fully paid wifhin ihirty (30) days nex~ sfrer ~he sanx xvaat;y become dw and p+ysbie. with;,at dr.^and or notite.
er (c) In tM ~we?t each and every the uipulatioeu, ~greemeros, cond~fions and cove:~aats of sa:d p+an~uory nae u+d mortgage snY o' ather aro not
~uly. ~w~ry .~,d h,iy Pe.t«~+«:. d~x.%~+rged. sxecvted. e(fected, comNkted. complieo :vi~h and abide~d ~Sy: then :r? either or ~ny such even'' tM said t¢
gregete swn mee~tiawd in said promissory rate then remaining unpa~d, with inrere3t acuucd, and ai1 mo~ays tea:red. her~by, sM1I becwn~ due snd p+y~
abt• fo?thwith, or tMreaRa, at the optan of said MORTG~.GEE, as fv:ty ar~ compfetety as ii ~II of the sa7d surna of mor.ey were «~y~na~y ir~pu:~ted
ro be paid on such daY. anyflrrg in said promissory note w in th~s Nb~tgage to the contrary ~orw7~hsrandinq: ~nd ther~upon or Iheieafte~ at the opUon of
ssid MORTCaAGEE, witlwut twtice o~ dem+nd, wit at law or in equity, there(we or thereafter begun, may be prosetut~d u if sfl e~ta?eys sscured Ae+eby
had matvr~d prior fo its i~atitution. i
7. TM~ in tM event that at the beyinninq .E w ~t any timc pend~ng any suit upon this Mo~tgage, or ro foreclos~ it, w M reform it, ov to enfo~q
payrnnent of ~~~e claims hereunder, s+id MORTGAGEE shall apply to the Court havi~g jw~sd~cr+on thereo` fw ~he appo~otment of a Rrceiver, such Cowt sMll
forrhwith appoint s reteiver of si mortgaged properiy all and s~ngule?, includ~ng aIl and singular ~he incomt, pro(its, iswes and revenuts from whatsver
tource dativtd, eMh ~nd tv~ry o~whith, it beinp exp~euly understood. is hcreby nwrtgaged as if spetificatly xt fotth and deKtibed in thE 9rantinq ~nd
habe~dum davses herMf, and s~ch Receiwr shall have sIl ihe b.oad and effecrive f~ncf.ons and powers in anywise entrusted by, a Co~rt tp a Reteiver, ~nd
•~ch e~po(ntment shall b~ m+de by wch Court ~s an admitted equiry and s matte? of absoiute right to said MORiGnGEE, snd wirhou? referencs to t1+~
adequacy w inad*quscy of the wl~e of the property rtartgagtd w to the sonency or insolvency oi said MORTGAGOR w the defendants, and that such
renrs, pro5ts, incornr, iuues and ravenves shall be applied by such Rccriver accord~ng t~ the lien w equi~y of said MORTGAGEE ar+d 1he p?actiu of wch
:,ourt. -
9. To dvly, ~~rN .od f~~y ~.tor„~, ~scharge, execvte, effcct, complete, comp~y with and abcde by exh and every the stipubt'iau, spreemeots,
cond~tions ~nd covenanti in said promissory eote and th~s mwtqage set fath.
9. ThN in tbs ~v~n1 the ownership of the mortgaged premises, a any part thereof, becomes vested in a person othn than tl~e MORTGAGOR, th~ {
M.ORYGACaEE, its wccrssort and assiyRS, may, witF+a,~ notice ro the MORTGAOR, deal with such successar a iuccessw in interest with ?efe+ence to this ~
-.,o:rga9~ snd ths deb~ hereby secured in th~ same manne~ as wi~h Moregagw w~~hovt in any way vitiating or d~xharging :he Morty~gors' li~bifity f+er~- t
~~der or upon tIN debt hereby secured. No sale of the premises hereby mo+tgaged and no fabearance on tne part of the MORTGAGEE w its wtcesson j
or eu~gra snd no earension of rhe time for ~he payrnent of ~he debt h~rcny secu~ed given by Ihe MORTGAGEE w its succtssws or ~uigns, shall operaq +
to re!ea~e, dischupe, rnodify change or affect the osgir?al liab~lity of the MORiGAGOR herein, either in whok a in part. '
10. It b spac~ficslly sgreed :haf time is of the rsxr.ce of this comracf and that ne waiver of any c+blig,.tion hereunder a of ths oblipation tr
cured htreby ihall at any time thereahx be held to be a waiver of the tcrms hereof or of the instrument secured herby.
11. In addition to the forego:ng monthly paymems of p::x'aa! and interest rcquired by the p~omissory note setured hereby, mortgagor tovenanri :
and agrees to p~y to mortg~gce with each monfhiy payrr.ent an add~uonal s~m est~n,ated by mortgagee to be eqwl to 1/12 of the annual cost of the follow- '
a
~^9~ S
~
A-All real property taxea kvied o~ auessed ogainst thc above dest~ibcd real estatc. ~
B-Premivms on fir~ end windstarm insurance as FKre~n requ:red to be carried an the im~rovements s+tuate on tl+e above desvibed premises. {
C-Premiums on auch mortgage gwranty insurar.ce as mo~tgagee sha!1 from r~me to time deem fit to carry on the losn secured hereby. }
II Mortgagee sh~li from time to time norify mortgagor in wr~ting of ttK ar.+o:~n? due and payable l~eunder and such sum shall thereupon be dve and
c,ayable oa the d~e date of the next monthly payment and each svccessive month thereafter vr.til mortgagee snall notify mortgagor of • thange in such
! a^~ount_ $~th sums thall be ~pplied by mwigagee toward the payment of real property taxes, insurance prem:ums, and mortgage gusranty insurante
~ oremiumf.
~ IN WITNESS WHEREOF, tM said AAORTGAGOR has hereunto set his harx! a»d ual the day and year first ataeuid.
~ ~ Siptwd, akd an livett~d in the presence of:
~~LO? ~ aQ
~ /
~ n-'4
~n
STATE OF FLORIDA
SS.
couNnroF St~ Lucia ~
Befwe me penon~lly spFearcd Jo 88~h D L8t1d1~3t _ and
Mary L. Landry his wifE, to me well krwwn and known to me io be
the indiridwb described in and who execvted the foregoing instrument, u?d adcnowtedged beforc me that they e:scuted the same fw the pwposes
therein e~~a. Ma rr~ ~:a Mary L. Landry
w~?e uf the .~~a ~ Joseph D. I+all(~I'y - opon a sepuate +od pr7wts
exam~nstan by me taken sepsrate arKi apart from her said husband, acicrwr?kdged to and bef~e me ihat she executed said~instrvmenr freely and voluo-
ra~~:y and viritlw~t ~ny compubion, constraint, appreircns~on~pr fear of or from hcr said husband.
WITNESS my h~nd ~nd official scal thi: G]r~ C~~ day of A D. 19~~
~ Notary Publ' in and for the SNte of Flaids at Luye
~ My Commi an expires:
Retwn Tw.
~ Firu Feder~t S~rirgs b lo~n Assodatan .•.;~tt~::••. Piotary PubNc.?tsN of 1'loride at Ls~e -
o n
Ot to.r P:erce. ~.j•: My Comm~ss~on Expir~s Aug. 6, 1967
Fo.+ PK.c~. Ftw~ds ~
1~ - . Sondad 6Y Am~rican Sureiy Co. ot N. Y.
~ . . . .
~ ~z ~ ~ FILEO ANp RECORDED ;
• ~ - ST• IUCIE COUNTY, FLA. {
• ~ = r_G ~n vf ~iF~ED
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