HomeMy WebLinkAbout0696 To pl~a and coi+~Mwoudll ~P on th~ butleWps ~a~w a I+u~ah~r w~uaN on s~td hnd snd ou ~11 ~quipn~M ~nd Vaso^+~h? covw«I bY ~Is ~woe~P
•p~,, wNh ~II p~nk~ tl+wson paid Y~ fvll, N ~+^Of~PP~~ ~
tIN MOR?G/1GEE. ~s~+d~ ~canP+^~a~~onp~~~M
T1~ UAi0RT6RGE~
lr•~,.ana b tl» wwl aand~rd po~ic~? fam~, a ww~ ~iora~id a
dincti and ~N An ~nd wM+dstorm irauana polici~a on ~ny of ~aid buildinp~, ~n~? tnqnst t1~uNn or pMt 1Mrw1. h~ Wpn9+
M~xaM tMerof. ~kall ooM~tn 1h~ wwl staedard mo?t9+pM daua a wd+ alwr dwa a tM Mo.~papM ewll ~r+. ~~^D th~ bss wwM~ ~+id po1F
c?... ..d~ .nd .wrn wrabN a~afd MORTGJ?GEE ~n ~,~.nu ~r •Pp•a. and .ach .nd rwry wd+ poticY shaq b. p~amp~b +a~pn.d +^d d.th.hd a .
~ny MW by wid MORTOAGEE a fvthK ~b- to ~id mortp+p~ d~b~• and. no1 Iq~ tMn Nn 1101 dap in ~ana of th~ ~xpMatia+ of ~ad~ po1kY. b d~
~iw. ro wid MORTG~A~'rEE a~I M~a~of. fop~tMr with ~ naiW fa tM pnn~ of wch r~w~y and tMn sI+~U b~ no fin a windsroun G+sw~nc~
olaad On ~np of taW bvildk+p~„ ~ny M~tupt th~nin ot pat tMnof, vnl~ss in tM form u~d with tM bsf payabb a ~fonsaidi and in tl» tv~nt ~!nl swn
M tu u~
of ewew~r b~ea~w paqabl~ wdK wd~ polky a polieia s+M MORTGAGEE slwll h~w ~ option to naiw ~nd applr 1M s~ on aooo~mt of th~ M~d~btad~
n~u wcund lNnbp a to p~rmit wid MORTGAGORS 1o naiw ~nd us~ k a ~ey p~rt tl+a~o! ia otl+er pwpaN. withoot th~.eby wahrinp w imp+iF
(r~ ~nY pYity~ ~iM1 Of ~IQhf IK1dK Of ~ V1t1W Of II1ii ~IWtt~iQ~! M~ ill tM ~Vfnt NiII MiORTCtAGORS ~iil ~Of Y1y fN~Of1 ~ili 10 ItNP tM iiW P?MI~ifN W
Inswsd. a faN b d~liwr pranptip +nY of ~+W Policfa of kuura+u a s~W MORiGAGEE. a fail pranptiy to P+r fuNY +^Y P~wniwn tMnior a in ~
?ap.et f.il a pMfam, di~dwro~. u.wM. ~ff~d. a~mPk». ~Y wid? wd abid. by ehit aowa.nt, a+n~? P+rt h~nof. s+id MORTW?GEE m+r p~+a ~nd
p~y for wd~ LMwanor a~ pwt 1Mnwf witAout waivinp a affKttnp an~? aMion. ~Nn. pvih• o? ripM u~KfM a by virtw of thh Mat~p~, ~nd tIM
fvil ~nwwM of ~ad~ and ~vNy wd~ p~y~nMM sh~U b~ Mn~hy dw ~nd WYabl~ ~nd sl+~ll bMr intaaN fran tIM daf~ tl~trof uoNl p~id ~t IM raN of
nirw pM o~nhan pK ~nnwn ud topN1+K wNh wtlt int~nat ~}ull b~ asarnd by th~ li~n of thi~ eaortpa~.
1. To p~naib aonwdt ar wHn no wa~M~ MnP+knwnt w d.tuioratton af s~id propKtr a+nY P+h th~?wf.
S. To p~y all ~nd slrpul+r th~ wdR, cIw~ON +^d ~xWn~t„ ~dudi^p a re~w~wbb attamy's fN ~nd aoHs of ~btwds d tBle. incwnd a p~fd N
~ny ti+n~ b1? ~+W MORTGJIGEE. b~uu» a M th~ twot d tl» faih?h on th~ Put of tM sald MORTGAOOR to duly. P~P~h? ~nd fvlN PKfon~. ~ch~
~x~cvr~ ~fhct. aonipltM. oomp~Y wi~h and ~bid~ by s~d~ and twry tM stipulu~aw +p~~. oooditiar. and oown+ms of s+M praniswry noN and thi~
^+aM+o~ Mh? a wh~.. and s~id aosa. dwpN and •xp~+ws, Nch and w+ry. sMll b~ Mrm.diaaly d,. w+d p~y.bN~ wM~M. a not ~Mn b~ naia d?
n?and. ~tIMeM w oolbef a wit p~ndrgt and th~ tvll ~nwu~H of ~ach ~nd ~r wch WYm~^t al.all b~ar in~~?nt irom tM dat~ tMno! vntU paW N tM
?~t~ ot rJM pK antwn per +nwn4 and ~II aid oott~. chs~p~s +^d ~xp~s tncu~rnd a paid, 1opNhK with wd~ im~+W: sh~U b~ ~~d b~? th~ ii~n of thi~
^ar~apw -
6. TMt W k~ tM ~wM of ~ny br+ah of tNs Morq+p~ w dsfautt on tir part of th~ MORTW?GOR. a(b) tn fM wrm arq? oi wid swm of nanty
F+KNe hf~n~d w M nw pranptly ard ivlly p~id within thirty (30) days r»xt aha tht wrw s~vN~llr b~coe» du~ u~d WY+bb. without dMn~nd ot noHa.
or (cJ In th~ w«k Mch and w~ry tM stipulations. ~n. ca+ditiaa and oowo+nn of sa~d promiuory not~ and this nartpp~ anY a eiMa sn nol
~vly, prompfly ~nd lvllp p~dorm~d, d'scharped, ~x~a+t~d. ~ffachd, compieted. compii~d with snd abid~d 1ry. th~n b~itl~ a an~ wd~ ~wM th~ said ~
prpat~ wm m~miawd in wW p~~oinhaory noq Mee nnwk~G+p unP+id. with intenst acuwd. and all moeeya s~cund. Mnby. sh~tl b~aorn~ dw and WY~
•b!a forthwllh. or tlNtNfqr, d fh~ option of said 11IlORTGAGEE. a fu~y «d can~.ay ~ if ~11 of th~ saW sunr of nwnsr vwn oi~piM4y atipubt~d
to b~ p~id on wth d~y. snyMdnO h ~aid pranis~ory noM a in this Morpap~ fo tM oomrM? notwitlataedin~j and tMnupon or tlwrtaftw at Ih~ optan of
~ard MORTGAt~EE, witho~A notia or d~nw~d,, wB at law a h puity. thenfon. or tiNrwfar bpwb ~+1? bt P~+~ a~ if all inomys aand hK~MI
had matund priar ~o iq tnatitutlon.
7. Tlwt M tM w~nt tlwt aR th~ bpirw~ino of or ~t any tirrw p~inp +nY wtt up~a ~hia lNorp~, a to ionclw~ h, a to nfonn B. a to ~nioro~
P+Y~ of any daieeN FNnendN, aaid MORTGAGEE shall ~pply to the Goun lwvtnp juriadetion.Mec~of fa t!r ~PPoinbn~M of ~ R~aiwr. wd~ Cowt sh~ll
forthwFlh appoiM s t~aivM o1 ~ mo~tpaD~d WeP~rty ~II and sinpular. indudmp ~II ~nd sinyular_ ~M•:(e~ool~ J~ita. iuws ~nd tev~iN from whatwK
wurce d~riwd~ ~ath ~nd ~wrY w~utM. M bti++o ~xp~ess~Y unden~ood, h F~ebY enorq+yed M if ap~cj/ically sN fWl1? and d~wlb~d b thi p?«?tinp and
hab~nd~Mn dauw~ Iwnof. ~nd sueh Rao~iiwr aMll Mw all th~ broad and effectiw fvnc~~ons and porwts in anywi~ emn+atsd bY a Court t~ ~ R~afwr. and .
aa
u,ch appolntn+~m ~MII be nwd~ by wch Court as +n adeutted equity aid a m~»K of abwlut~ ri~M to wid MORTGAGEE, and w~thouf nfenna to th~
~dpuacy ar Mwdpua~y of ~e valw of the PropKb narp+p~d w to the sohr~ncy a insolv~ncr of said lMORTGAGOR a tM defendant~,. ~nd that wch
nnn. profit~,. 6rcam, haws ~nd nvKwNS sMll b~ appli~d bp suth RKtiver atootdinp a tM liwn or aqviry of ~aid lNOR7GAGEE and th~ puttip of stKh
Court.
B. To duh?. P~'~^~P~h? ~nd fu~h? P~?fpm. fiad~+?pe. ~xaa,ti, ~ff~ct. oomplN~, aomplY wtth a~d ~bid~ bY aad~ and wwY th~ +tip~tan+ ~p?~na~b.
conditiom ~nd oovuwnb in ~aid promNsary not~ and thit mo~tp+y~ sst Mrth. '
9. That In tM wrM th~ o+w~wnlJp of the mort9+p~d pre~nias, w+nY P~rt ti~raof, beoaees wst~d In a prwn w1+K th~n tlr MORTGAGOR, th~
MORTGAGEE. 11s woo~s~ors aod asip~a, ewy. withart ratica to the N10RTGAOR, dsal witb s~ch woos»or o? ~+oo~sor in interea with nfa~na to thb
monpap~ ~nd th~ deW Iwnby uax~d In tM sur~ msmar a with Mort9apa withovt tn aey way vitwtinp o? ~yi~g tM Mortpspor~~ li~bblitp ha+r
undM o~ upon tM d~bt Mreby sacwed No s~l~ of the premises her~by mortg+~ad snd no fwb~ar~no~ on tM prrt of tM MORTGAGEE a tts s~oasson
or auipns and no ~xt~euioo of the t&ne fa the payment of the debt hereby secu~ed 9iven by ths k10RTGAGEE or its svcusao~s a asigra. Q++11 oprnt~
to nk+w ~q~ w~ffat th~ oripinsl li~b~l~ry of tFw MORiGJ?GOR ha~in. ~itMr in whob or b p~rt.
10. h b ~p~dficaily ~pn~d tMt tim~ b of tM esaence of~ this aorrr~ct aed that no waiva of any oblty+tion Mr~under o? d th~ obllpation a-
and Mnbp ~MII at u+y tim~ Hweaher b~ hsld to be ~ waiver of tM t~rnn Mreof a of the instrua~nt wcwsd hKby.
11. In addition ro tM for~go:ng monthly psyments of princ:pal snd interest reqvired by the pran'~swry no1~ secwed he?ebY. mwtp~yo? cown+nb
and +prMS fo pay to mafppee with esch monthlY payment sn addiriaul sum estimated by mortyspee to bt eqwl te 1/12 of the annual cost of thi fdlow-
iny:
A-All rtal property ta~ces kvied w assessed agairot the abow described real estate.
b-~remiums on fin ~nd w~torm irowanoe as Fmrein requ~red to be urried on the improvemesN~ sitvat~ on the ~bove described premiwa.
. C-Preeuu~a on wch morty~ 9vuu~ry insurance as mwtgagee shsll from time ro time deem fit to cury on the loan aecurd hereb~r.
N{ortyape~ sMll from time to time notify mwtgsgor in writing of tF~e amount due ~nd payable ht~ewwbr and stxh wm shall therwpon b~ dw u~d
~ payabl~ on the dve dat~ of tM oexf monthly payment and exh successiw month thereaher until mort~syee thall notify mortgsgor of ~ chanp~ in wch
` •mwnt. Sud~ svms ~Mll be applied by morty+~ae tow+?d the payment of re~l properry tsxes, irawsnce pem:uira, and m0rtpape ~uaranty imwsnc~
€ pr~miuTt.
; 1 WRNESS VYH , the s~id MORTGAGOR has heteunto set !us Mnd snd se~l t da year~first ot ~
E d~llve~~d Y~ ti»~ pr~seno~ of:
l ~
~ ~ '~-~n
s
~ ~
STATE QF~ ~~R~~ ~ ~
courm oF 4~.• T~~eie ~ ~ ~
LinWOOd W. MacDonald, a single adult ?,~,r !
~fe~~,r~a me M?.~~ wwwn ~~a awwn a m. w b.
the indhidual/ daarib~d in and who ~~uwtsd the tor~yoinp instrurtw~t, and ~cknowkdpd b~fa~ m~ that e~ncut~d th~ sanN for ti» p~wpw~s
rfier~in ~d. ~...r~.~L - -
~
wm~SS Mv b.~a .~a o~dal ,hia /1 h d.r of A. c. ~9~_
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Noary Publk in a+d for th~ StaN of florida at Lup~
~ . ; e MY Conrnwsan ~~~s' , . : .
R~hwn Ta • - • ,
~~s~ ~1+t:.
fint FsdKa) Savinps i twn /lswciation ~ .
NQTARY PUBLIC. SiATE d fLORIDR~~~ :
or PK.a. FIlEO ANp :
F°" Pi««. F~«~a+ sr WCIE COUNTY ~~D wr coMMISSION D(PIRES APR. _ l~~~~~ _;;yn
RECpRp yERIF1~p~A: ' =
.ts ~ ` ~ s: ; ` ~,1- =
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. ,6l 394S ; s ; ~ ~ : ,
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20. 3 ~ o " -
. `4,' iti•««.•••'~:; '
P -'`f • •
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• ~~:?~;:tiu'`'•:
kOGER i~01TR~S : . . _ -
CIERK CIRCUIT COURT
~ ~oa 165 ~ 593 ~ p,~~, -
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