HomeMy WebLinkAbout1988 3. To pl~a and ao.Mbwou~ly kNp m tM buitdinps now w hK~afN. wn,ata on said 4nd and on ~II p~ipr~nl «+d p~na+aity oo+r~nd by ~hii ma+p~
p~. wi~A aN p?~krm~ tM.aw+ p~~d in ivl1, fin inturanu in tM ~awt irsnd.rd pofic~r fara in a wew approwd by tlw MORTCsI?GEE. ~nd wlnds~a~w
inswana M ti» wwl srandard poGCy form. h a~+ m ~pp.owd by ~M MORTW?GEE, in s:xA con~p~ny a aomp~nia a N+~ MORTGAGEE nwy
d~.ec+r sal aN fk~ and w~:~wrm irowanc~ pol.c:a on any ot u~d bu:Wie~t„ anY Ir~Nhst thersfn or wrf thK+of. in ~Iw apqrep~t~ wm ~fa~said a
tn •xpp theno/. shN) aonrain tM uswl uw~dwd n+aipapN Navse o? wch aMr c?wt~ as ~M Mo+qayN m~y ~~n, makinp ~M bst w~ sa~d poiF
:~es. ~acA and ~vKy. WY+b1~ w~id MORTGAGFE ~s :h ~eueresl awy ~ppw. arw! cacA and ev~.y sucA pol~cy shall b~ pranptiy as-yn~d and 3elivend w
arty Mld by stid MORtGIIGEE u funMr Ncwiryr ro said mort~+~e dsbt. +nd na ~tss ~hsn ten 1101 d~ys in +drana of 1l~t ~xpir~t~o~ of racA policy. to de
I~wr ro wd MORTGAGEE ~ r~w~l thsnof. rops~hu vr~rh a ~~cs~p~ for ~he pr~nniwn of urch rsoew.l= ard ~her~ si,~11 b~ no fu~ or windseorm tnswanc~ ~
pls~d on any of s+id bui{di~gs, ~ny inh~nst therein or pu~ tha.eoi. untesa i~ dw form u~d wi~h tM lau payabk u afa~said~ and In ~M ~ve~~ ~ny sum
of nwrwy becpn,p pay~ wxler ;;.ih politj~ p pol;t;y said MpRTGqGEE sMll Mw ~M optan ro raoeiw w+d apply tM saem on aaow?~ of th~ indsbted- =
ness s~cw~d iw~ q to pKmil said MORTGAGOk3 ro ~~atiw and us~ it or +~y pa~1 thereof Ew othe. pwpose~, wi~hout ~hereo~ waivi~y a~mpair- +
~r+q ~nY p~;b. ii~n or ~q~ ende~ or by virrw of thb mwr~j and iw rh..wru sa~d MORTGAGORS sha11 ta any roason f~il ro ke.p rM aid pnmises w j
insur~d, or faU to dNiw~ prom~,thr unr d s~id polici~s of i~swana to said MORTGAGEE. o~ fail prwnptN to pay fvlly ~ny premium therrfor or in ~nr i
rap~a fail ~o pafornq discl~pe, sx~cut~. tfisu. compl~a. cxnply wi~A ~nd abid~ by this cov~nant. or any put hs~~of, said MORTG.IGEE may plsa +ad
wr fa+ wd~ M+sw+nt~ w~nr part tlwnof. wi~how waivinp or aff*ctinp ~ opt;on, I;M, puity. or ~yht w~dK w by vir~w ot tF~ Mor~~. ~nd tM
`.u11 amowa of ~ach and ~very wch paymaro sh~ll b~ Nnmcdiately dw and p~y~ and sl»u bear intkes~ iran tfio dan thaeof w+tU paid at th~ rat~ of
ntn~ p.r o.owm p.r auw~ +od aya~ne~ wieA wch Mre.esr shaU ba secw.d br ~hs Iwn of ~h~s nar~y,ape.
To pNn~iy oo.nmit w wft~r no wa~f~ i~np+irnKnt w d~rs.ar~rion of sa~d prope~ty w.ny part therwf. '
5. To piy dl and sinpvlar tM cwt+. chuye+ ~nd expenses, inclvd'r~p • ~essombl~ ~trorr.ey i fes srd costa of ~bstncts of titl~. incwr~d a p~id ~t
~ny tim~ by said N1pRTGAGEE, Muv~ or in th~ ~vMt of the failvro on tM pKt of tk~ ssid MORTGAGOR w duty, proenpty ~nd fvlly pe~for.n, dixhar~
~~cecut~. ~lfsd, canplst~ comply nrith u+d ~bide by .ad+ and eve.y rM s~~putauo%, a9~eerrKnea, cond~~~ora„ and oown•nn of sa~d promisso.y na~ and ~his
morrp+p~ wry a N~hM. ~d said cosb„ cMr~es and acpanxs, sach anri ~vay. s1,a11 b~ im~+?ediar.ly due ~nd pay+bl~: whether o~ not tMn b~ ~.aica dr
mand. ~tqenpt to ooll~,t o~ suit pa,dinpi and rh~ full ae~ount af each and ~+ra~y w~i~ payment ahall bea. intKat from tAe d~t~ thKeof w+til ;
rate of ni~e ~d ~
P~ P~ +n~: u~d all said oos~s. clw~s ~nd experoes ir~axred w pasd. wyether w~th such int~r~st. slwll b~ sacwed by 1M liu? of tha ~
mortp+0~~
6. TMt in ths ewnt of a~r bnacA oi shis .Y1or~ya~ or defaull on th~ put of ths MOATGAGOR. +or (b) in tM went any of ss~d wms of mon~y
herein r~fM~d to b~ not promptly snd fvlly p~id within thirty (30) days ~ext ~fter the same severally bscan~ due ~nd p~Yable, without damand o? notit~, ~
or fd la th~ ~v~ent wch and ewry th~ stipulatio~s, ~greer-.ents. conditions ar?d cover?~~n of sa;d pranisso.y noro and t1w mortyape any or eithar ~r~ nw ~
iuly, p?pnptFy and fully perfornisd discbarpecl, ~xecvt~d, effetted, tpnpltted, complied wit6 snd ~bided
pregat~ swn m~miorwd in ssid 'aY, tMn in eitlw or any svch went tM s~id a~ ~
promisiory not~ then rea+aining ~npaid. with ~Maes~ xauEd. and all monsys sacvred. hereby. atNll becwne dw ud WY'
•bie forthw;th, or theresfrK, at tM oprion af said AApit7GAGEE, u fvlly and compl~tely u if all of rhe s+~d swns of nwn~y wer~ wpin~lly s~~p„tated
ro be paid on wch day. anythG+p in said prom~uay note w in tha MortQ~qe ro tM conrrary notwirhsrsndiny: aod thK~upa~ ar there~hK ~t Me option of
s~~d MORTCsAGEE, without notia w d~m+nd, wit st law w in p~ity, therefore or tl~eaf~er bc~~n, rnar b• prossa,~.d as if al! ma»rs sawnd her.by +
hsd matw~d prqr ro its irqtitvtion.
7. That tn th~ ~wm that ~t the b~yinning of or ~t sny time pendirg any w~t upon this Mwtgape, or to fonelos~ h, w to r~form it. or to enforu
payme~t of any dakro Mreunder, s~id MpRTGAGEE shall ~pply to the Court having 'ryrisd~ctio~ thereo( iw thf appointm~m of a Receivs~, svch Cowt sMll
fwthwNh ~ppoint ~ noelve~ of sai~ mortpaged ptoperty all and singvl+?. includug ail and singvlar tM incon», profin, btvp and rtv~nues from wMtevtt
sourc~ dKived, ead~ and ewry o# wF~kh. it betnp ~aPresslY widerstood. a hereby mortgaged st if speaf+ully set for~h ard d~ac~ibed in thi pr~ntirq ~~+d
habcndwn dauws hereof. ~nd wd~ RKe;vK ~hall have aIl the broad and effecrirs fvncf~or?s ar~d povrers in anyw;se entrusted by ~ Court t~ a Reoeivt~, and
~uch appointm~M sh~11 b~ matM by wth Cowt u ~n admitted eQuity and ~ mnte~ of ~bsolute rgM to said MORTGAGEE, u~d withow referenu to th~
edequacy a inad~quacy of ths v~lw oi the prope.ry mo~tga9ed or to the tonre+xy a insawncy of said MORIGAGOR a the detendants, and ~F?~t such
re~rs, profitt, inco~m bsv~s and rwenues sh~ll be applied by such Receiver accwdu+p to the lien a equiry of said MORTGAGEE and tM praetia of such
Cc+urt.
8. To duly, prompry ~nd fu1ly p~rform, d;scl~r~. e:ecvre. effect, comp(ere, comply virirh :nd sb~de by ach ~nd wrry sh~ stipubra% ag.serasnn, ~
conditiom snd oovenan» in said promtf?ory not~ ~nd this rtartgaps set forth. •
9. TMt b th~ ~~ra+t the awnerslrp of tM mort9+qed Wemises. o? uiy p~rt thereof, beoanes vestd in a pNwn otM? tMn the MORIGAGOR. th~ •
MORTGAGEE, its waessors and +?uiy~q, may, vvi+ho~t no~ice to the MORT('iAOR, deal with such wcusw~ w wcc~ssor ie interest with ?eferenu ~o thq t
mortQap~ and th~ depl h~yepy secured in th~.sarns manrKr as with Mortgagw w~?hout in any way virw~iny or d~scf~ar9~rq tM Morqa~ora' Iisbiliry F~r '
under or 1
upa+ ~M debt hveby secu~ed. No ssle of the premises he~eby mwtgaged ~nd ew fwbeara~+ce on the pa?t of th~ MORTGAGEE w in wccesson
cr essiy~u and no e:rension of the time (o. the paymenr of the debt hereby sccwed yeven by rhe MORTGAGEE a irs wcnsson or.~sa~pr?s, ahall operat~
ro reteas~. ditch~rpe, modify thang~ or affed the origioal liability of tM MORiGAGOR bvcn+, eithe? in whole or in put. ,
10. It ts spec~fically agreed ~Mt ~ime is of the euence of rhis conract and ~hst oo wi~er of ~ny obl'~gar~on he.eueder or of ~hs obliyation sr
cured haeby sMli at ~ny time thereaher be held to be a w~iver of the terms hereof or of the instrumsnt secwed herby,
1 i. fn add~riw ro rhe farego°ng monthly paym~nts of piirK
psl a,nd irae~est iequired by the p~om',ssory note secvred hereby, mort9agcx cowranb
and agraes to pay ro mort~agee with each mon~hly payment rn add~~ional ~um csr~mated by matgsgee ro be eqwl a 1/12 of the annusl cost of the fdlow-
ing:
A-Ail real prope~ty taxes tevied or assessed against the above detaibed reat estate.
B-Premiixns on fire snd ~windstorm ie~surance u herein requ:red to be curied on the improvemcnta sitvate on ths above described premises. ~
C-Premiums on wch mort9age ~uar~nty insurance as mortgagee shall from t~me to time desm fit to arry oe the loaa aecwed hereby. ~
Mwtyagee shall from time to time notify morlgagor in writ~ng of the amount due and psyabte he~eundev and wch wm shalt thereupon be dtre arK!
oayable on the due date of the r.ext mor~thly p+yment and each ss
_w__ns:ve month thereafte~ ur:til mortyagee shall ~ot~fy mortgagw of s chsnge in such ;
amount. Such sums ~hall bs ~pplied by mortg~gee toward the payment of real properry ta:es, inwrance pren~ivms. and mortgspe gusraMy iinurance
p~emiums.
IN WITNESS WHEREOF, the s~id MORTGAGOR has hereu~to xt his hand and seal tM day and year f' t~foraaid.
~ Swkd and live ' the pr~ of:
, ~
4
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~ tc~n
~TE Of FLORIpA '
couNnr oF St .~i,t~iA ~
~f~ ~ ~,„~,~iy William J. Blake ~
Pe BBY L. Blake to ~,~,~u .~a w~, m~ w b.
the individwb dewibed in ,~nd who ~xecvted ths forepoing instnwnant, and adu~owkdged beforo me that they exeaited the same for ths purposes
rheroin expr~sted, And ths ~Fd~(~Q L $1 ~Ce -
w~?e of tM ~atd W~lli a~ J. Bl~k9 - upon s sepsrate aed pina~e
e*amin~tipn by me tsken sepuah and apart from her sa;d,Misi~and, Klcnowledged to and before me that she exearted ssid irotrument freely and volun-
rar~ly and withovt aMr oompubion: cor?straint, appr , a feu of or from her said husband.
w~rNESS A,y h.~a .~a officid .sa) T f- d,y D embe a a ~9~.SL
! - Notary Pubtic in and fw the State of Norida ~t Luy~ -
Jay C~nanission e:pires:
Rehxn Ta. ~~~t 'r. ~{0~~ Q~G, Sb~! O~p~~~~
Finf fl~fl~l $lvjll~ a LOifl ASfOti~fiOn c: ~•`i,:.~:.,, r ¦~w1Yi ~
Of Fwt Pierce. ~
Mp C°"~ssia Expires Sept. 23, 1969
. Fo~ Pierce. Florids : ~ • ~••~w b A..ric.. r:. a c.~.,~p ;
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