HomeMy WebLinkAbout0024 To placv and oont+M+ouslr ke+P on th~ bviidK,ps now w Aer~af~~r ~~w» on s~~d Ked ~nd on a1~ eq.+:~ ar.d pa~aliy cow~~d bp Mis ~atQ- .
~p~. wish ~q prNniwas rhNwn pad :n iu1L fu~ auwanc~ ~n ~ht ~swl uandsrd•po~~c~ fan~ in i sum approwd bp tM MO~t~GAGEi. ~nd w~nd~~~w
~n:w«~o~ in !he ~n~?il ~undud pw:cp tain in a wr~ spprov~d by ~M MOATW?GEE. in wcA con~pa-y w canP+^~e+ es ~he N?GRTGAGEE n~+y
d~rectr ~nd aN fin ~r?~ wind~arm i~swanc~ pditKS on any o( sa~d build~npa, any insK~st tM.~~n w put thsreof, in the ~ppre9ar~ aw~ ~for~Nid or
en ~acws ~haeof, ~hall conl~in tM usual aa..dud enori9+9~ c{r~s~ or iuch aha clsuis ~s ~l,~ 11Ao~t9apee maY rey~u~. mtkinp r'y wu uedn wd pdi~
~~es. tad~ ~ed ~wry. P+raW~ a s~id i~.CRTCsAG=E as ~t~ in~e+est mr~ +pPe+r. a.,d eacA and ~wry s~r.h pa~~cy sluil b~ pranp~ty au.yned and del:~vered a
eny hdd by s~id MOftTGAGEE u funbsr sec~+rity ro s~:d ~,~a~~sp~ dcb~. and na I~u ~h+~ r«~ it01 days in adva,K~ ot ~M ~api~at~on of sach po~~cy. ro d?
I~~er ro s+id MQRTGAGEE • rMSwat 1t~ar~oi, 1ops~he• wirh • rece~p~ for tt~r premium oi i~:ii renew~l; and ther~ shail b~ ra f:r~ w wind~~am inswance
pl~c~d on ~ny of said buifdiiga, ~ny in?erest t~~i~ o~ put theraof, unleu ~n ~he form ~nd w~~h tM bu payabk as afor~sa~d: ~nd ~n tM ~wnt any iwn
of mort~y bsconws p~y~bM'ur+der auch policy or pol~c;es sa;d MORTGAGEE shall haw ~M op~~on fo rec~~ve and aQply the sam~ on +ccoun~ oE ~M i~ebied~
nlft NCWfd EIHf~ W 1O pt:-»z ++id 1YWRTGAGORS ro recriva u~d us~ it a any pan therrof fw o~i.c~ pwposes, w:rhaut tha~eb~ waivisg or ~:npa7r-
~ry anY ~q~r~ty. li~n ot tgnt_undK or bT v'v+w of ~his morspapr, u+d ~n tM ~vant u;d MORTG4GOR5 sh~U fw u+y reason fail Io keep tM uid prem~ses so
insursd, p faU b dslive~ promptly ~ny of said polities of insw.w• to seid MO~TGIGEE. d fail promptly to p~r fully ~~ry pr~mium therefor a in N~y
re~pect fail b pafwm, d~xlwp~, txtivl~, ~ffed, car.pl~t~, cac~ply with and ~bid6 by TFW COVfMM, or any psrt hereoi, said MORTGAGEE may ptace and
-~ay fw svch irau.:acr w any Wwt thereo! wiihout waivi~y or ~ffectiny any op~~on, lien. equ~ry, w rwht ~~de. a~ by vir~w of th~s lAonp~p~. e,+d the
iul! ~nouM of Nci? and rvery such p+ymei+t skall be i~r?mrdiately due +e+d payable and shall be+? inte~ast fran tM dat~ the~eof w?ti4 p~~d ~t th~ uN of
n~ns pe~ c~ntwn per ~nrw~n u+d to9e~her wirh wch in~r.es~ shall be secured b~r tl+s I~an ot th~s morr~agt.
1. To pamit, commit a svffa no wast~, 6r~p+ument w deteriora~ion of sa~d property a any pa?t thereof.
S. To p~y all and ~inpvl~r tl+~ costs, charyes snd expenus, includinp a?essonsble attwney's fee and costs of absnads of Yt~s, incun~d w p~id ~t .
eny fime by s~id NtORTGAGEE, becauae or in the event of ~he faihxc on the pa.t of tM ssid M7RTGAGOR w duly, promptly and fuliy pertorm, d~xnuyR
•xecu~~. sffoet. compkt~. tomplY w~th and ~b;de by exh snd every ~ha ~t~jwla~~ons, ag~eemen~s. cwa~tia+s. and tovona~nn of sa~d promissory note and ~hit -
morryp~ arr~ o? either. +.nd ~id coses. thuQes ~nd expenses, e~th and every. sMll bt immed;ately due a+x! payable: wAether ar not there he r.otictt dr
m.nd. ~tt~mpt ro oolkct a ivlt pu+d~rg; ~nd rl+~ fuil art+ovnr of each aod every s~ch parment sl.~:i bCa. intKes~ from tM date Ihereof until p~id a~ ti?e
rate of niM p~~ pntum per uwwrt~; ~nt! ~II said cwts, tharQts a~ expcnscs incu:red or pa~d. togetihe~ w~~h wch imK~st, sh~ll be sec~~~d by tM Iwn of this
mort9iy~.
6. TM1 in th~ ~vent-of ~ny breach e/ this Hlortyape w defa~lt on ~he part of the M.ORTGAGOR, a;b) in the eve+?t u?y of sa4! swea of monay
her~in refKred: to b~ oof p~omptly and fully paid withi~ th~rty !30) days r?ext afre~ ~Fe same sevrrally becane dve and pay+ble, witlaut dem~ed w notic~,
or (c) tn th~ ~wnt ~ach a~d every the stiputatio~s sgree+nenri, cazditions and coven+nts o~ sa;d promiuory oota and fh+~ mwtgsge anY or ~ither are no1
iuty, promptly uK! fully pNformed. d~xMrged. executad, ~ffscted. compkted. complicd with and abided `~y, then in e~the~ or any such wenf th~ said ~g .
grr,~ate surn mN+tioned in ssid promissory note thc~ remaininp v~pa~d. w7~h ioterest ~ccrued, and ap moneys secwed hereby. tMll becoms dw and pay~ :
ab.e fwthwith, or tMresh~r, at rhe opNon of said AR~RTGAGEE, ai fully and compkuly as if all of the sa:;: .ums of mawy wer~ or~p'uu~~Y +~~P~~+~~
ro b~ paid on wch daY. anythinp in said promiuory note w in ttus l~brtgage to the contruy notwithstandinp; ~nd therevpa+ a 1he~esfte~ at ti~e option oi
se~d MORTGAGEE. without eatia or dem~nd, :vit at law or io equity, thcrefwe or theresirer begun, msy b~ prosecvt~d as if all ma+e~rs secured hueby
had :natur~d piW? f0 ib institutip~. '
7. Tn~t in tM ~vent thst a? tM beginnin9 of or at ~ny t~me perKti~g any suit upa~ tl~is Mo.tgage, or ro foreclos~ it, a to reform tt, w to enfwp :
psyme~t of u~y daims Mrwnder, s~id MORTGAGEE shall apply to the Cour~ iuving jurisd;cuor: ihereoi fa tM appeintmem of ~ R«eive~, wd~ Couh shall ~
forthwkh ~ppoint a rKeiver of s~i~ mort~ayed property all and singular, incl~d~~g all and :ingu~ar the irxome, prof~ri, issuet and revMUes frore? what~vel
so,,ice derF+ed, eac!? u~d ~very o~ which, it bting expressly understood, 'is hereby morrgaged as if specificslly aet fath u~d desuibed in the yrantinp ~nd .
habc.xlum dauies he~eof, u+d wch Receiwr shall have sll the broad and eifecrive fvnct:ons a~ po~nert i~ anywise entrusted by • Cou?t t~ a Receivsr, end
s~ch appoiMm~M shall be madt by such Covrt u an admitted equity snd s maner of absotute right ro said MORTGAGEE, ~nd without re(etente to tM ,
edequacy w irwdequacy of the wlw of the p~operry mwt9sged w to the so+vency o. inwlvency oF said MORTGAGOR or the defendann, and ~hat s~ch
rents, profir., income, iuues ~ad rwer•ues sh+ll be apptied hy such Receiver xcwd~ng to the lien or equity of ~aid MORTGAGEE and the practiu of such .
CouA.
8. To duly, p«~aty aod ~?iy Pe.Fw~, d~r~.~e, execute, effect, canplete, comp!y wi~h and abide by each u+d ~vay the stipulatioos, ~yrs~?Mnti,
conditions and coveMnts in s~id promissory note and this mort~age sst forth. ~
9. That In tM event the ownership of the mor*9syed premises. w+ny part rhercof, becomes vsst~d in • penon other tk~ the MQRTGAGOR, tlr
h'.ORTC,AGEE, iri succeswrs and usisra, may, without no~ice to the MORTGAOR, deal with such successor or wccessor in ime~est with refaence to_this
mo:~gaye snd the deb~ hereby secured in the same manne+ as with Mort9agor wi~hovt in a~y way vitiating or dixhar9irtg the Mort9sgors' IiaE~iliry I+ert
under w upon th~ debt hersby secvred. No sale of the prem~ses ha.cby mwtgaged and no fwbearance on tha pa~t of the MORiGAGEE w its suuesson
or aii~gns and no extension of the time fw the payment of the debt hereby secured given by tF?e MORTGAGEE or its sutcessors ot ~uigro, shall operat~
to rclease, disdw~e, modify change or affect the wg~nal liab~l~ty of fhe MORiGAGOR herein, either in whole or in put.
10. It h specifically ~greed that time 6s of the essence of this cootract and thaf no waiver of sny celgation hereunder or of ths obtg~tion N- ;
cured hereby shall at ~ny time thereefter be held to be a waiver of the terms hereof a of ehe instrument secured herby.
11. In add~tion to the fwego:ng mw~thly payments of princ"pal and ~nrere:t requ~red by the prom~sswy no!e sec_•?ed Fxreby, mortysgar tovenanb
and agrees to pay to mortgagee with each monlnly payment an add~rional sum est~mated by mortgagee to be equsl to 1/12 of tne annual cost of ths fdlaw-
ry:
A-All real property tsxa kvied w assessed agai~st the above dexri,~,ed rea! estate.
6-Premiums o~ fi:e and wind~torm inwrance as fwein requ~:ed ro be carried on the improvem3~ts s~tuafe on the above deuribed premises."
C-Premivms a~ sucl? mortgaga yuaran^i insurar~ce as mortgagee shr!: frcm t:me ro ti.ne deem fit to carry on the loa~ secvred hereby.
~ Mortgsgee shall from time ro time not~fy mortgagor +n writ~rg of the amovnt due and payable kereunder and such wm shsll thereupon be due and
~ Fayable on the due date of the next monthty payment and each :uccessive month tbereaft-r ur.til mortgagee shall notify mortgagw of a tha~ge in such
I a~rount. Such sums shall be applied by mortgagce fowa.d the peYment of real property tixes, insurance prem:ur.u. ~nd mort9age 9wra~ty inwrance
4 o~emiums.
j IN 4VITtdE55 WHEREOF, the said 11RORTGAGOR hss Fxrevnto set his hand and seal the day snd y ar first aforesaid.
f ipned, S~ d and red in tM presence of: -
~Q
15ea0
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SiATE OF fLORIDA - ~ _
couNn oF St ~ T.i~~ i e ~
Before ma penw+aly appesred $~L~*'~6~~r. ~Sit:rb811
RP_ t t v F amnb _ 7 7 ~ his wife, to me well known and knowa to me to be
ri,e ;nd~ridwb described in and who executed the foregarg instrument, and ackrawkdged before me that they executed the same for the pwposes
there~n e~esfed. And the ss~d _1iE -~t-y~ ~znbel 1
r.ife o.' tM said S i cLn~ r- t=RII~=n~)9~ ~ upon s sepsrste and private
exam~nation by me taken sepsrste s~?~ +part from her said hust»nd, ~auwwledged to s~d beFwe me that sF~e exec.ned said instrument freeiy artd volurr
rar:iy and withovt aMr compubion, cantraint, apprel?ensio~~ fear of or f?o~ her said husb~nd.
WITNESS my hand snd offici~l seal thia ~y day of A. D. 19_~
~ Notary ~c in ~nd for the SNte of Fbrid~ ~t larpe
~ My :uion expires:
Return Ta.
Fitst fed~tal Ssvings 3 Losn Astotiat~on t~'.:1i=.l~t::.. NOtaly °l;9NC, l12t1! Ot AOfl~A ~~fl~
~ Of Fort Plerce. ;'s ~ :5y wmrnse`on :xp:ns Aug. 6, 19F7
Fwt Pie.ce, Fi«lda ~ ' bnded By Am~nr:an 8ure'ry Co. of N_ Y.
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