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HomeMy WebLinkAbout0648 ~ . To pl~a and aontimwusly kNp on tM b~i~dMps oow a M.~ah« ~twa on s~id I~! ~nd on ~il pu~p+~ ~nd pKwn~lhr oow~w! bt~ ~Ns maq~ ap~. wNh pnmivma tMr~on p+id in fi?14 firt insvru+c~ in tM uwat sta~dard polky forrn, in • aww approwd bY t!r MORTGAGEE. and wi~dponn imwana in tM uswl ~tu~d+rd policy fain, in • tum ~pprowd by tM MORTGAGEE. In such oomp~^X a oan~^in ~s tM MORiGJ?f3EE ~n+y dtr~ctt ~nd all fin +~+d wind~wrm iriswaew~ policN~ on u?y of said buwid'~nps, +M? intaat thK~in o~ part 1M.wf. in th~ apyrp+N w~n ator~W or In ucaw tMnof. rMtl cont•M fl» usual stu+dard mwt~apN d~va a such WI~. dauw a tM Maty+pN m~y rpv~n. nwUnp tM loss wdN aid po~F ci~, wch and ~wry. P+Y+bI~ to wid MORTGAGEE a iri intete~t n+~y ~~wa~. ad tacA and every wch policy shail b~ p?anptly sss:ymd a+d d~qwnd M ~ny hdd by said MORTGi?GEE a iwthM ~cwitY to s~id mortysy~ debt. and. ~01 bss tMn Nn (10) d~ya in sdvai+c~ of ~M ~xpiration of ~ad? policy. to d? liwr b wid MORTG/1GEE a r~w~l tMnof. Iop~thK with • nuip~ fw th~ p~miwn of wch r~walt and that sFwil b~ no fin a wi+~s~orm irwx+nc~ piaad on ~ry of Nid b~ildinp~„ aM? inter~sf tiwr~in o~ put tMnof. vnlas in tM f«m u~d wi~h tM bss paYaWe a~ ~tw~widj and in tFw ~wn~ ~ny swn of mon~y Maoee~ p~yabb ue~ wch polkl? w Policia ~aid MORTGAGEE sh+ll I+~w tM optan to ~~uiw ~nd appy tM s+m~ on accou~~ of tM todebtd~ n.u sKw~d fwraby a. w p~nnit wid MpRTGAGORS ro nc~iw and ~ it a~~r put thereof fw othe~ pwposes, wi~hout tF~e.eb~ waivinq w imp+k- i^p +^Y puit~?. ~i~n a ripht wder a by virtw of this matp+qtt and tM ~wnl s~id A10RTGAGORS sh+ll fw ar?y r~ason fail to keep tM s~id panise~ w Iruurad, a faU b deliwr prompth d wid polici~~ of inwrana ro aid MORTGAGEE. a f~l pranP~M ~ WY w~h MY Wemiwm therefor a in any n+p~ct fdl w pwtonn, d'acMrp~. uc~wtt~, ~fhct. oomVNt~. aomplY wi~h ~nd abkM by this oownrro, a any part haiof, s+W MORiGAGEE m~y plaot ~~+d full ~mowW Nth ~nd ~wry w~di p~ymwn sh+ll b~ 'u~iatdy dw ~ piy~aW~ and aMl~ibw int ~est fran t1N d~at~ thstwffuntU p+~id ~ro~th~ r~ ol nint pK pnlum pu anewm and top~tht~ with such intenat shall b~ ~cw~d by th~ litn of thb mortp~pt. 1. To pKmit, oonwnH or wffu no wau~. iMP+km~nt or drtariontion of ssid prop~rty or any put thenof. S. To pay ~It and sMp~lar th~ cosn. charp~s ~nd expenHS, indud'a~p ~ r~a~on+bk ~tton+sy's k+ ~rd awts of ~bshacts of titl~. tnaxnd a p+W ~t any ~in+~ by said MORTGAGEE. b.cauN a in th. ~wnt of ~h. failw• on ~hs parf of ~M said MWtiGI?GOR ro duy. p.omPry .~d fi,iN ~..form. d-ad++roa ~xca,». eff~er. oomPletq oomplY with and ~bidt by tach snd wKy tM sY~wl~tia+s. +preemenu. tol~ditwro„ and oovtn~nts of wid ptomistwY aw~ ~+d tF~it ~9~W ~Y or eitl~. and ~aid aostr„ dwrye~ a~d ~xpa~ues, each ~+d wery. shalt b~ inv~wdiately due ~nd p~yabl~j whstl~r a not tfi~r~ b~ r.otic~ dr mand, att~mpt fo colbct or wit p~nd'myr +ed tM full smowd of sach and wery such paYment sAall bsa~~ intKpt hom th~ d~t~ Nwreof undl paid ~t tl+~ .eee of nine per ceMvm pa annun~ snd ~II wid costs, c1w~t u+d expenses incwnd or paid. 1ope~Mi with aid~ Inttr~at. shall b~ Ntw~d bY th~ liu~ of thw '^ort~ppw - . 6. TMt W in th~ ~wm of any br~ad+ d this JNortysy~ or defavl~ oe~ Nr put of tl» MORTGAGOR, or (b) in tM ~wm ~e?y of ~~d wms of mo~y hsr~tn ref~rt~d to b~ not promptly and fully p~id within thirty (30) days neat ~fter Ihe iame sever+ily b~cam du~ and payabl~. without d~rtwnd a notip, or (c) In th~ ~wm eacA and ewry ths stipulations, praements, conditions aed coven~nh of u~d promiuwy not~ ~nd this mortyap~ ~nlr o~ eitMr an nw iuly, prompth and fully pKform~d, doth+rqed, executed. ~ffected, completed. complied virith ~e+d abided ~iy. thtn in ~itiw or ~ey wch wM1 tM s~id ~ preyaM awn ma?tarnd In ssid promissory nots tl+e~ rsmainirg w~paid, with interest acvued, and ~II ma~eys acu~~d. Mr~by. shall bsoon» dw ~nd pay~ ~bl~ forthwlth, a tMnaf»r, ~t tM option of said MORTGAGEE, as ~ully aad completely u if all of the said sums of nan~y vren o?qinelly stipulated ro b~ p~id on wch d~y. anythinp in ssid promissay raro or in this Mortys~e to tM oont~ary notwithstudinp: snd tMrwpon a thersahe? at tM opian of ~s~d N10RTGAf3EE, without notia w d~maed, wit at law o? in p~iry. 1I1lf~OfO Of fFNfNNN bpw~, nwr b~ prw~cut~d as if all mootys ~eaw~d hereby hai! matvnd prior fo ib inqitutan. 7. That in tM weM that tl tht bepinniny of or ~t sny time pendinp any wit upon this Mat9aye, o~ to foraclos~ h. w to r~form N, o? ro snfo~a paYment of uryr daims hawndar. ~aid MORTGAGEE shall apply to tM Covrt Mving jurisd~nion therwf for tM appointment of a Receiw?. wch Caut sh~ll forthwMh ~ppoint a nceivN of si mortp+ped prope~y all ~nd iu+pulu, inclvd~~g a~l snd wgvlu th~ incan~, profits, istws ~nd rtwnues from wMtwK wurce d~riwd, e+ch ~nd ~vKy ~which, it beinp ~xpressly ~nderstood, is hereby mortgsged as if sp~cifiully set forth ~nd dMaib~d in th~ pr~ntkg and habenduen daw~s hereof, srw! wd~ Receiw? shsll h~ve ~II the brosd and ~Hectivo func~~ons and powers in anywis~ emrust~d by a Co~rt 1p a Receiv~r, and such appotntment shatl be rrwtM by such touN +s an admitted equity snd ~ m+tter of ~bsolute ripht to s+id MORTGAGEE. ~nd withouf refer~ntt b th~ edequscy ar Mwdeq~~c~r of tM wlw of th~ prope*ty matyaged w to the whency or insolvency of ~aid MORTGAGOR or tht defer~nts, ud that wch rent~, profits, irwom~, issues and rwarw~s sfisll b~ ~pplisd by such Receiver accordinp to th~ lien or puity of said N10RTGAGEE and the pr~ctio~ of such ~OUtt. ~ B. To duly. promptly ~nd fully pKform, dych~r~'xecute, affact. oomplea, tanply with ~~d abid~ by ~ad~ aod wery N» stipul~tion~, apreaneM~. condirioru ~nd co+ren.nn in s+id promksory not• and rh;s mo.t9ape ser fwth. - - 9. That in tM ~v~M th~ ownership of th~ mortyaped p?emises, or uiy psrt thereof, becanes wsted tn • p~rwn otMr th~n tM MOI[TGAGOR, th~ MORTGAGEE, its sucusson and auipm, may, wHhow notice to the MORTGAOR, de~l wi~h such svccaso~ a woassor in ime~e~t wirh refaenu to tbis mor~papt ~nd the debt hereby secured in tM same manne~ ss with Mortgagor w~tFaut a~y w~y vir~tinp w d~acMr9ug tM Monq~pors' lisbility F~n- under w upon tM debt hereby secured. No s~le of the prem~ses hereby mortysged and no fwbear~nce on tM p+rt of th~ MORTGAGEE a its waesson or aasigro aod ra ext~nsion of the time fa the p~ymem of the debt he.eby secured yive~ by the MORTGAGEE or its successors or u~~pm, rh+ll op~r+t~ to retea~, distMrye, modify charg~ or affett the orginal liabiliry of the MORTGAGOR Mrein, either in wFwb or In ps~t. 10. It k~pec~fic~lly agreed tMt tim~ a of tM esunEe of this comr~ct and that no waiver of any ob~iy+tan Mreunder or of th~ oblip~tion s? cured I+a~by shall at any timt thereahar be Mld to be a w~iver of tFw term~ hereof w of tM i~ntrumem secw~d Mrby. 11. In addition to the twego:ng monthlY paYments of princ'pal and interest required by the prwn;ssory nore secured he+eby, mortyagor oown+nri and agrees to p~y to mortq~gee with esch monthly payment u? +dd~tanal swn est~mated by mortgayee to bs eqwl w 1/12 of the annwl cost of the follow- ing: A-All real prope?ty ta:es kvied a assessed against the above described real estate. B-i;remivms on fire and windstorm inswance as here~n requ~red to be urried on the improvem~nn sitwte on tM ~bove described premises. C-Premiums on wth mortgsge gwrsnty inswance as mortgage~ ahall from time to time deem fit to urry on the bsn secuted hueby. Mwtpsyee shall fram time to time notify mortgagor in writing of the amount due snd payable hereunder and such wm shall therevpon be d~e snd I Fayable on the due date of the next monthly payment and exh successive month thereafter ~nti~ mortgsgee thall notify mortgsgw of a chsny~ in such ! emount. Such stxns slull be ~pplied by mortgayee toward the payment of resl p~operty bxes, inwrance prem:wns, and muty+ge gwrmty insuranc~ ~ premiums. IN VITNESS WHE F, the s~id MORTGAGOR has hereuMO set his hand ~nd s~al the day snd year ~nt ~foresaid. S' ~d, S b d I r d in the pr~sente of: y ~ n ~ n - ~n ~ rs~.n STATE OF FIORIDA ~ SS. cour~n oF L~ ~ i e def,n m, p~,aull~, ,ppe„ed ~~Lloyd C a 8h ,,,a ~n e 81 i e C 8 s h Fus wife, to me wel l known and known to me to b~ the indivldwb d~saib~d in and who ~xewted tla foreQoinp kistrurrwnt. ~nd acknowledped befwe m~ that they execvted the sam~ fw the p~wrposes ~,~fQ11, ,~,i„ Wi,~ Onealie Caeh ~ _ wite of tM aid Lloyd C a eh - , upon a sep~rate and p?hat~ examinaYan by me taken separ~te and p~rt from F~d ssid husband, acknovv{edged 1o and before me thst she execvted ~id.(atrwneot freely and voluo- terily ~nd withan anY oanpubion, caatr~int, ~pprehansion. w fear of or from hK said Iwsband. , v WRNESS my Mnd ~nd official tsal thia ~~i~1~ d~y pf `a1a /1. D. 1~ _ .t``~,ti~~~lj.w~~~• , . - - - • - t Notary Poblic to and fW tllt~~ ' My Commission ~xpinii: • 'N - Retum Ta RpE~ =d+~~~' _ . :`f`: F~n~ F.a...i s. s p RECO F~A - _ ~ . ~ ~ : . o ~ PK.~. T~E COUNIF • p - . _ ~~r.~ rn.t PK.~. Fb.~a. S'a~CORD ~ER~ Nm~av pueuc. sr~~~a't.~dtto~,~t~ o~~~ ,R 15192`~ ~ ~YISSION ~~s ~ ~ -~v 2 ; 5g ~ . `g pM '7p`'.'1' ~ +G1 J~N ~ 1 ~:r: KOGF~:R i'D~T ~OURT C~ERK CIRCUIT l - 8~K164 ~ 64~ _ , ~ ~ ~ ~ ~ - _ - .~~~..~~~x - ~ ~ - II,