HomeMy WebLinkAbout2261 S. To ptrct ~~d oonHnuouslY k~P ~+n th~ build~npt eaw w hK~afNr wwat~ on said bnd r.nd un ~II equipn~ ~nd ps~soMW cov~nd bf? ~~q~
+pa wifA ~M pr~nkin+~ tMnoa pa~d in fvtl, fih iea~~nu in dw wuat su++d+.d potiq fona. b• swe +PProwd bf? M* MO~~GIUGEE. and wind~~aa?
~ux~na in tM wwl uand~rd pt+IK7? for+n. h a wia app?wsd bp the MORiGAGEE. b wch eanP~^Y p~P+~+ tM 11I10RiGAGEE in+y
d'a~ ~nd ~N fin and winduoan iiaw~na po1KiN an ~ny d ~aid buiktinp~ unY i~?qnst tMrsin w pwt tMrwf, in th~ ap~~N?~ sw~? aMresaid a ,
1n ucaa ~Mr.of, ~h+ll ooruain tl» u~wl a~ndkd maqapM d:vw or wd+ atwr dau~ a tM Mo.p+pN m+Y ~«w~n. ~k~ fM bif W~N Mid ~1~
cia, wch a+d ~rK1?. WYabN Io s~id MORTGAGfE as ih inNrost nwy ~ppeN. ~nd ~+ch ~nd ~wry wd~ po~icY sMll be pomPtl~ ass~9~.~d ~+d dNiwnd w
•ny IrM by ~id MORTGAGEE a fwt!?:r secwity w s+id ma+psp~ dsb. and ~of hs~ tMn bn (~0) dayt in ~lv~ap of IM ~apiratan of ~ach Pol~cy. b dr
iivN ~o wid MORTGAGEE a ~~wd tMrw(. w~rMr with a ~~ceipt fa t!K pnmium of wch rsoew~lj ~nd dw~~ sMll bf ~o i~n w wtndstam inswanc~
p~~ud on ~ny d i~ld buitdirg~, u?y in~at tM~Nn o~ pKt tlwnof, w?I~ss cn ~h~ fonn and wi~h tM losi pay~bl~ u•fw~said; and in th~ ave~1 ~ny w~n
op mon~y b~coinM p~yabM w~ wch pcli~y or policip said MORTGAGEE shaU haw tiw option a noeiv~ ud ~pply tha san» on xcouM ai tM tndebte~
n.u i~ow~d Mr~by a b pKwlil s~ld MORTGAGOitS to nc.aiw u~d v~ M w~ny p+~i Nxreof i« othe: purposes, wiihout ~hxeb~ wa~v~~y or unpatr.
inQ +nY p~rib. lien ot ripht wd~r or by virtw of tha mortpap~~ and in th~ ~vee+t ca~d NIORTGAvCRS ihall for aey nawn i~il to keep ~M said pnmises w
tns~nd. w fail b d~liwr P~~P~hl +~Y of s~id policies o1 irowana w ssid MORTGAGEE. a faue promP~b b P+Y fulty any premium thsrefw a iw anr
respsct faH b p~rfonn, d'achvp~ ~x~a?t~ ~ffest. con?pk•~. canPh? wirh an~ ~bid~ bY this oown.M, or any put !?Kwf, said MORTGAGEE mar pl+o~ +nd
P+r fa wd~ Mwwno~ or any pirt tl~ueof witho~+t w~ivinp a affsctii.p aap opt~on. ~~n. eqv7tY. a rghe uoda a by virtw of this Mort9+p~, and fhe '
iull ~enowq of ~A aod ~wry wd~ p+Ym~nt ~Iwli b~ imn?adia»ly d~e ~nd p~yabb M+d sMll bw hteres~ fran tM daN tMreof w?ttl p+id ~1 tM rab of ~
nirx~ p~r pntum p~r ww~e ard toptthu wlth wch intKest shall be s~cvred by tM lie~ of this mortp~. ~
1. To panNt. aoennst or wffN no wast~. impsKmem a d~ta.iowtan of said prope.ty or any put therwf. r
t
S. To pay ~II ~rd sM~pvla? th~ eo~h~ clw~pes +nd e:PaKe~, i~'.ad'~np a n~so~bh attorney's fee +~d aosts of ~bst+~tfs of titl~. incwred o~ p~id a~
~ny tim~ by said MORTGJIGEE, b~cauN or in th~ waet of tM failun an th~ put of tM said MORTGACsOR to duly. pranpth? +~d f~lh PKfor~ d'Khuq~ ;
~xecut~, ~fheb oanPkM. comPh~ with ~nd abid~ by aach and wary tM stipulatiom. ayreemenn. condirions. and oov~wnb of s+id promisswY noh and thu y
monp~p~ w~y or ~itha. ~nd said ooat~,. chu~s x~d ~~en~. each and way. sl~rll b~ wwnediat~ly dve and p~yable; wh~~Mr a nw ~M.~ b~ r.otiw d?
m~nd. ~tt~enpt to oolbct w wN pM~dnpt ~d th~ foll s~nowu of exh and ewry wch parmen~ ah+li bea~ intet~st fran tl~ dat~ tMrwf until p~id a1 th~ `
rore of nk» pK aentum pa anwin; and alI said oats, dwyea and e~ep~nses incurrd or p+id. to~ther with such i~uuNt, ahall b~ secwed by the {i~n of tha '
~+~9+p~- i
6. 1'Mt (+J in th~ ~wnt of any brsach of this Ma~gap~ or dsfault on tlr put ~f ths MORTGAGOR. or tb) in tM wsnt ~ny d said wim of ma~y i.
h.r.in r.rar.d a b. na Pro~~y «~d fuih P.d wtrh~ !iw?~Y C~0) d~ys nex~ afta the same seve~ally l»cortw due u+d payaW~. without d«nand o? notiu.
w W tn fM ~w~M ~ad~ u~d ~very th~ stipul~tia+s. +9r~sen~n~s. conditio~s and caven~nb of s~~d p~omissur not~ snd th~s morp+p~ +nY a~ither an nol
iuly, proenPtiY and fulh pwfamd. ~sd~ar9ed. ~xewt~d. tffect~d, canPkted, ca~lied with and sDided dY, tMn in eitMr w enY wd~ ~wnt /M s+id ~
prey~h sum maNip~ad in s+id promissory note then rem~inu+y unWid. with int~test stvucd, ud all ma~tys aecur~d. htreby, shall beown~ dw ~nd pay-
ab;• fonhwitly or thKSaft~+. tM option of s+id MORTGAGEE. ~s t~lly and compl~tely as if all of rhe said su+na of ma~ey vr~n a'g'~n+lly stipulated
ro b~ p~id on wch d+y. +MtthinD in s.id promiua.y ooro a in ?his Mwtpaqe ro the oonrruy- nawi~hsundinq: ~od tM.eupon or thereafta at Nr opr'an of
~~id MORTGAGfE, witlwul notiw a d«nand, wit at law w in puity, therefore or tFwsafter ba~e~, may be prwecvt~d ~s if all mootrs wa+rad haeby
had matur~d prior to its instilution.
ih~t tn th~ ~wet th~t ~t tF~ b~yirrNrg of w at sny time PK~d'inp snY wit up«+ this Mo.tyape. a to braclos~ it, a w?eiorm i~, a to e~fora
a+Ymem of ~ny d~ims Mnw~der. s~id NIORTGl.GEE sh+ll apply ro th~ Cou.t hsvirg ~urisdrction therwf for ~h~ ~ppointment of • Receiver. wcl~ Cowt sMll
Forthwith sppoint a nceivK of saqd mwtpaped prop~rty ~II snd sinpular. Includu+g all and si~gular the incorM profits, issuts and r~venws from whatwe~ }
wurc~ deriwd. tad~ arw! ewry o# wh~ch, it beinp ~xpressly w~derstood, is hrreby mwtgaged as ii spec~P~cally aet fath and dewib~d In thi ~rantinp and
habendwn clausa henof, and wch Reuiwr sh~ll Mw ~II the bro~d and effenive functiw~s and powen in +nywise entrusted bY a Cowt p a Rsaeivtr. +nd
s~ch appointm~nt ~MII b~ m+de by wch Caxt ~s sn admined eqvity +nd a m+tter of absolute rght w said MORTGAGEE, and without rsfer~ 1o th~
adp~scy or in~dequ~cy of th~ wlu~ of th~ properry mort~ed w to thc sonrency w insotre~cl~ of said MORTGAGOR w tke defendaen, ~nd ~hat svch j
renrs, profits, Y~oan~, isaws and rwenues shilt be applied by such Receiver accordin~ to th~-lien or equity of said MORTGAGEE and the pr~etia of wch f
Coun. t
& To duly. PromFt~Y and ful~Y Perfwm. d'aclWrge, execvte, eHect, ownP~ete, oomMY with ~nd abid~ bY esch +nd ~wrY tM sfipubtioes. ~yr~nt~. ~
conditiwn and ooven~nts in said p~omksay oote and this mortg~pe aet forth. '
9. TMf in tM evem tlr ownership of the mwtg~yed P?ee^aes. or +nY P~rt thereof, beoanes vestd in a peaon otMr th~n th~ MORTGACOR. 1M
MORTGAGEE, in wowssors and augns, m~y, without notice to the MORTGAOR, deal with such tvcceasor a wicc~ssor in interest with rtfennc~ ro thls
rr.o.~ga~e end the deW lwrebp sccwed in the same mamer u.vith Mortga9or wHFaut in any way vituti~g a dncFrry'ug the lMort9apws' Wbility hs~t
under or upon tM debt hereby seaxed. No sak of the premises Aercby nwrtg~ed ~nd no iabea~anos on the psrt of tM MORTGAGEE or i» waessws
w auipro and no extension of ~he tkne for the p~yment of the debt he.eby secvred 9iven by ~he MORTGAGEE w ita avcc~sson or sssipro, shall op~rat~
ro releas~, disdrrp~. n+odify ch+nye w affect the wig~nal lisbiliy of the MORTGAGOR hsrein, either in whole w in put. ~
10. It b~pecifiully agreed that time is of ths essence of this eontract and th~t no wai.w of any obliy~ian haeundK a of tM oblipation tr -
cured Mr~b~r shdl at any tim~ th~reahK be heW to be ~ waiver of the ferms hereof a d th~ instr.r:~e~?t secw~d herby. j
11. In additan ro the forego:rg monthly paymems of p.inc:pal and interest requ~red by the prom~ssory oote secvrEd hereby, nartp+gor oovenams
and sgre~s to p+y w mortga9ee with e+ch monthtY paYment an addirionsl wm estimared by mwtga9ee to be eqwl w 1/12 of the anrwal cost of the folbw- -
, i
A-All real prope?ty tuces levied w auessed agair?st the above described real es:ate. {
B-Pnmiwns on fin and w'u~dstorm irouranoe ss herein requ~red to be cs~ried on the improvemenri situate on the ibov~ desai6ed premises.
C-Premiums on wch mwt9age ywrenfy ir~swance as mortgsgee sha~l from time to time deem fit to cury on the bsn aecvred hereby.
II MwtQsgee shall fiom time to time notify mwtgagor in writirg of the amount due and payabk hereunder and such wm shsll thereupon be dve and
payable on the due date of Ihe ne:t monthly p+yment ard each successive month ti?ereafter u~til mwtgagce shall notify mortgagw of s cl+ange in wch
` amount. Such wma shall be applied by mwtgagee toward the psyment of real p?operty taxes. inswance prem:ums, ud mori9aye 9wr~nry inwrenct
premivms. '
IN WITNE55 WNEREOF, the said MORTGAGOR Iw herevnto set ha hand and seal the day and i t aforesaid./~C//~ ,
iprnd Sw~d in tM presence of:
n ~
_ .?i` ,n `
- n '
STATE OF FLORIDA 1 ~ '
I
courrnr oF St. LuQie i~ _ '
~,~,i~„~.,.~ Donald P. Parker .~d ~
Jar~~*eline V. Parker ,~ar~, w~„~n ,,,d w,~,~, a~ m b. ,
tha individuals dew~'bed in and who enawted the foreyoinp instrument, rd aduawkdged before m~ that tF~ey exewted ths ssme fw ti» purposes
,h~,~;,, ~ ~ Jacqueline V. Parker
w;fe of M,. „~d Donald P. Parker - ~pw, ,,ep,.,,e ,~a P.;,,,h
exar.~iMtiOfl by me qken sepuete and ap~rt from her said ~ckrwwledged ro and before me that sl~e execvted said iratrument 6eely and volun~
re,ily uid withwt aryr oompuision, aointraint, apprehension,h~~of a from her said Fwsband.
wnN~,ss ~v ~a «~a ~-K:.i .s.i / 6 -r d,,, ~ December ~ p. 19 66
. _ ~ c~
~ - , Notsry Public in a+d fo~ the State of Florida at lary~
. . My Convnission sxpires: t
~ ttaw~ t« Nota'ry P~lic, State ~f Florid~ ri large ~
Firsf F.aa.t s~s a~ ksoasrw~ My Commissaa Expires Npr`_.~,,.1969 ~
or ~•~r P~a~. ~II.EO Atio RECOReEO . eaaa a, ~..~.y. Fr~~.~•c;
~ PK.~. F~«~ OUNTY. ~
ST.RECORD VERIFIEO - ~ • _
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