HomeMy WebLinkAbout0555 .
To plao~ and oa+tHwo~nly kNp on tM b~ildin~s ~ww a hK~aha sitwb on aid lud ~nd on all eq~ipm~M a+d P~+~h b'fl thb matq~ i
p~, with all pnmiwn~ Mer~on p~;d in fvll. fin inwranc~ in tM wwl uandxd policy (orm, in a swn approwd by tM MOUTWIGEE, and wkd~ronn ~
~nswanp In th~ uswl a~nda~d policy fp~n, tn a wm ~pp.ov~d by tM MORTGAGEE. in wch comp~ny a oanpani~s ~s th~ MORTG/1GEE e+ay
d~rad~ and all fin ~nd w'rxh~orm i~rwanca polki~: oo ~ny of ~+id b,iW~npa, +ny intenst thsrsin o. pan tM.wf. tn tM p~~p~~~ w~n afasaid or
In ~xons eMnoi, sM11 c~ontaln tM vwa! uandud +na~ya~ clw~ a such ahN dau~ ~s tM Ma~pagN m~Y nq~ih. en~kug tM bss w~d~~ asid poll•
ci~s. Nth and ~v~ry. p~Y~bl~ b s~id MORTGAGEE q ib intertit en~Y ~pp~p. and tach snd ~vsry ttKh polity th~ii b~ promptly ati:gMd uid dtliwr~d tp
.ny h.W by ~id MpRTGAGEE ~s fwHwr s~cwit~r ro aki morgay~ debr, and, ~oe Iw than tM q0) dsys tn advanu of 1M expiration of each policy. ro dw
liwr to ufd MORTGqGfE a~~w~l thKwf. toq~~M~ with ~ ~uipl for ttw prunium of wch reMwalj and than tF?~II b~ ~o ik~ w windsto~m inwra~q
pl~c+d on any of s~W buildinps, ~ny infe.~st ti+x~in or p~.t tF?Kwf, unleu i~ ~ia fo~m uid with ~FK loss pay~bl~ ~s afor~faid; and tn tFK ~vMt ae+y swn
oF morwy broo~ews p+yabl~ w,d~+ wch polky a polici~s s~id MORTGAGEE thall haw tM option ro r~iw ud ~pply th~ sams on accouM of th~ ind~bted
ness Ncw~d iw~by a b pumit said MpRTGAGORS ro raoeiw a+d us~ N w ~ny part thereof fw other purposes w;thout thereb/ waiving o~ impah-
i^p +^Y quitY. titn or ripht wd~r w by virtw of th~ mortysye: snd in th~ ~wn1 said MORTGAGORS thatl for ~ny r~ason tail to keep ths said pr~mises so
tnsund. o,r fall q dNivu pwnptN ~ay of said polic~es of iniu~.r+o. ro said INORTGAGEE, ot iail promptlp to pay f~lty ~ny pnmium 4htrtfpr or in any
r~spect fail b pKforn~, diuFNrp~. ~tcuN, ~ff~d, compl~t~. comply with ~nd abid~ by this oov~nar?t. w any put lwrtof, said MORTGAGEE may ptau and
p~y fa wch fnwrac~ or any parf tlwr~of without wahrinp w ~ffeatnp anY optior~, tiN~„ pu;ty. w ri~ht und~r or by vlrtv~ of this Mort~p~. and tM
f~u .mo„^t ot «d+ +~d w..r sud+ arn»~+ ~++u b. ~~,~au~•y dw a~d wy~N ~ed shall baa~ ietK~st frone tM dat~ ~hxaof ~?ntil paid ~t tM r~q of
n'"e per annwn P~r +nnum +od toyether w+~h such inte+esr shslt be sen,red by ~ li~n of this mo~pa~~.
To parnit, c+w~vnit or wffa no wast~, knpaumem or deteriaation of wid prop~.ry or sny p~rt thsrwf.
S. To pay ill aod ~irgu~ar th~ costs, cl~srye~ ar,d expsnse~. inclvdinp a nason~ble ~ttwney i fee ud coxn of +bst?ads of titls, tncun~d w p~id at
eny tim~ by aid MpRTGJ?GEE, b~ca~s~ or in tlw ~wnt of 1M fail~n on th~ pwt of tM s~id MORTGAGOR a duty. promptly a+d fvlfy perForm, diuF~aryR
ezecut~, slf~eb ca~,pkt~ comply with and ab;d~ by esch and ewry tM st~pular~ons, apreemenn. conditions, ~nd cown~on of s~d pomiswry not~ and ~hu
mort0+0~ +~Y w ~i?Iwr. and s~id cosb. d~u0~s aod expsnses, ~+cl+ and ~w?y. slwll b~ 4nnwdiately dua and p~y~bl~t whcther or not there b~ notiu Je~
mand. ~ttemp~ w coflect w wit p~np~ and rhs (ull amount of each u~d wNy wch payment ahall be~? Int~nst frwn ths dat~ thereof vmil psid at ~F~
rare of ewn~ p~r pntum per ~nwmi ud all said oosts, charpp ~nd expenses innirred w p~id, topethar with wch inhnat, shrll 6s s~cured by th~ li~n of thi~
mortpapw
6. iMt (a) in Nw ww~t of any lxtach of tlds AAortqape or default on t1r part of ths N10RiGAGOR, a(b) In th~ event ~ny of said twra of mo++~y
her~ln r.hn.d w b. ,w~ P.o~„P~w and fviy p.d wi~hin thirty (3p) days next after ~he same severslly become due ~nd p~yabk, without d~m~nd or notice.
or in th~ twnt ~ach u~d every tM stipul~tio~t, agreerneny, conditions and coven~nn of ssfd promissory not~ and th~s mortpape ~ny or tFther u~ ra!
iuly, prwnpNy and fulh psrform~, d'acMrpcd, exacvted, effected, completed, compl;ed wifh and abided by. tMn in ~ith~? a ~ny such ~wr?t th~ taid ap~
yrsy~t~ wm nNntion~d in said ptomiuory npte then remaininp unpaid, with interdt acwued, and all moneys setvred. hueby. aF?all becom~ due u~d p~y~ i
able (ortl~with, w thfreafttr. ~t th~ opNon of said 1NpRTGAGEF, ai fuUy and compl~tely as if all of ~he asid awea of money were oripiMlly stipulated
to bs p~id an wch daY. anytAhg M ~a;d promiuay note w in this Matyage to the contrary ratwithsandinp; ~nd t1+KeuFwe~ o~ thereafter a~ the option of
seid MORTG/1GEE, without notip w dtmand, wit ~t law ot in puity. thereforo or thereatta beguA, ~nay bt prosecutad u if ~1! rrarwys sreur~d hareby
h~cl mahind pripr fo iq irutitvtion.
7. Th+t ln tl» went tl?~t st th+ b~ginniny of or at ~ny t~ms pendeg any wit upa~ thw Mortyaqe, or to fereclos~ it. w to rofam it, w ro er~foro~ ~
PaY~~~ ~~1y daims h~?ew+der, said MpRTGAGEE shsll apply to the Co~n havin9 jw~sdK~~on ttx~eof Tor tlw appointment of • Receiver. svch Cowt ~}~SII
fo.rhwMh appoiM i nceiv~r of ~i morty~ged prppeMy and sin~vla, includug all and iingula the irKOrne, pro(its, iuws uid rewnue~ from whatsver
wurc~ d~?iwd, ~ach ~nd ~vKy o~whith, it beirg expreuly vnderstood. is hsreby murtgaged as if specifiutly set forth and dewibed in th6 yrsnrinp u~d
habendwn d~v~~s Aer~oi, and w~h RK~iwr sha~~ haye ~p i}K broad and effect;ve functions and powers in anywwa entrusted by a Co~n tp ~ Receiwr, u+d
•uch appointm~nt sha11 b~ m~ by such Court q an adm~tted equity ~nd s m~tter of absolute righl to said MORIGAGEE, and without ~efera+q to tM
adequscy p ie~d~qwq of th~ wlw of th~ prope~ty rnatys9ed or to the soner?cy a insolvency of said MORTGAGOR or M~e defendants, and tlut such
?entt, profiri, inton», issue~ and rwenws tFW~~ b~ ~ppl;~d by such Receiver accord~g w tM lien or puity of said 1NORTGAGEf s~+d th~ practiq of such
Court. . .
8. To duly, w~wnPty .od t~ib ~e?fo~m. ~.ch.?y.. e:ccute, effect. oonpiete, comply with and ~bid~ by each Md ewry ~M stipulationt. +~r~s~r~eeta.
conditaro and ooven~nh in s~id promitsary not~ ~nd ~his mortys~ set forth. '
9. That in th~ weM th~ ownenhip of the ^arf9+ped Premaes, a any paN thereof, becanes wst~d M s pKSOn otMr th~n ~M MORTGAGOR, th~
MORTGAGEE, in sucpssora u~d asi;gns, m~y~ W;thout no~Ke ro the MORTGAOR, deal wi~F~ such succstior p~ucc~ssp in interett with nfersnce ro this ~
mortpaQs and th~ debt hereby aecured fn th~ s~ms mat~ner u with Mwtq~gor without in any way vitwt~eg w dndwr~irq dM Mors~apwa' li~bility h~r~-
under or upon th~ debt ha+epy secvred. No sale ot t!r premises hereby morfpaged and no iabes~~np on th~ p~r1 of the MORTGAGEE or it~ wuesson
or assiyns and no exrension of tAe rimc for the payment ot the debt he~eby secwed given py t!» MORTGAGEE w its u?ccssaors or ass;9ra, ~MII opaat~
ro re!tas~, di~ry~, modify chsrg~ or ~ff~t the oripinal liability of tht MORTGAGOR hcre'uy eifher ;n wFwle or in put.
10. It b specifically s~reed th~t t~ne 4 of the essence of tha cw~tuct ~nd th~t no waiver of any obl'~g~tan F~ereunde~ w of tlw obli~tion se.
cured Mnby ~hall ~t any tirtw there~har ba held ro be e wsiver of ths t~ hereof a of the imt?umem secu.sd hqby,
11• !n addifion to the fwego:rg montbly payments of princ'pal and inte~cs~ required by the p~omtuory note secured hereby, matyagor tow~snb
and ayrees to p~y to mortyagee with each monthly paymcnt an add~iwnsl sum cstimated by mortysyee to be eqwt to 1/12 oi the annua) cost of the follow-
ing:
A-AN real property uxes levied or as~essed against the above described resl esbte.
B-Premiums on fire and windstwm inwrance as he+ein requued to !x urried on tF~e improvemenri situate o~ the ~bove dsscri6ed pemisea.
C-Premiums on wch rtwrtgsg~ yuaranty i~nwar,ce as mortgsgee shall from time to time deem fit to cury on the Ipan tecured hereby,
Maty~gee shall from Y~me to time notify morfgsgor i~ writ~ny of the ~mount due and payabte 1?e~cunde~ and such sum shall fhereupon be d~e and
payeble on the due date of the next monthly payment and each successive month thereafter urtil mortgagee shs11 not;fy mortgagor of s charge in wch
amouot. Such wms shall be ~pplied by mo~tysgee towud the payment of real property t~:es. irnunnte premtums, and mwtgsge gwr~nty i~wr~~ce
premiumt.
IN WITNESS WHEREOF, th~ s+id MOR1'CsAGOR hss hereunto set ha hand snd seaf the day and yesr fint ~foresaid.
j' Sipmd, S(ed nd ~r~d in tM presence of: ~
- ~
' f ls.•0
_ r~.~
K--n
STATE OF fLORIDA ~ s
courmr oF - Qt. Luci A ~ ~
sefon m~ penonafly .pp~ared Ht~r~~a T Pl A tt~ 7r y ~nd
Brel S~ pl Att his wife, to me welt known ~nd known to me to b~
the rnd~vidw~s d~scribed in ~nd w!a tx~cuted the fweyo'wg iruhe~na+t, and acknawledped befo~s rn~ that they executed the aams fw tM purposes
rherein ~xpt~sNd, /b~d th~ sa:d- 1+p1 Pl 8.1:
w~?e of th~ .ad He*'+*~~ J Pl ~ t t~ ~~'T_ r~- ~pon s separata and priv~t~
examin~Yan by me qken tepirate snd apsrt from her se;d hus6and, adcnowledqed to and before
me that she executed said instrument freely snd votu~-
rar~ly u~d withovr anY cd*+PuW+on, coratninf, ipprehsns;onut, fw of w fiom l+er iaki I~nb+nd.
WITNESS my h+nd u~d offlwl seal ~ ~y ~ A. D. 19_~. ~
~
Notary ic in ~nd for tMa State of Fbrida ~t Larpe
RNwn Ta ~ Mr ~ ~~P~ra' -
fint F~al $~vinps i Loan Aswciation ~
Of rorr P~erce. ~ ;.~:'~;:t:k~~~ Notary P~bNe~ ltat~ at 1~lortde at ~a
F/(~p~~ : ~.1 1„) My Comm:ssion Expins Aug. 6, Ip8
ST C~Rp . Bonded ~y Am~rican Surety Co. ot N. Y.
E ~VE ED ' ~t ~ ' ~ . ,
~ RE~~R~ RNF1~ p~• • T~l V':~_
:y,: '
1 _ y -
's~JAM 518s8 ;;;A~ a ~ '
J ~ pqy Z9 ~ ~ -
3' ~ ' ~ ~Q
. .
. oG'••. .
CL ~OGER pp~t '-.1~~`:,j'~~~;~;~
i`~~`,
ERK CIRCUIT C0~/qT : -
~ ~sooK164 PacE 553 ~ .
_
- w _ .
x~ - -
_ 3
ilM_r.y
~