HomeMy WebLinkAbout1499 to pl~a and aonrinuowly knp on ~M buildie~ now a Iwnaft~r ~iwar~ on uW Iand ~nd on dl squipnwM and pasonslh oo~wnd b11 ~~~P
p~, with ~II •pnnwwn~ ther~on paid in f~r16 fu~ Gwwu+u in tM ~w~t ttandard policy fain. in • sww apprw~d by th~ 1MARiGAGEE. and wMid~lorw
~+~w~na M tlw uwal stWxlard poGcy fonn, in ~ sum approwd bY tM AAORTGAGEE. M wd~ comp+nY ot ao~~pani~s a~ Ny MORTGAGEE ~n+y
dinc4 N+d aN tin ~nd wie~wnn irawana iwliciss on any of saW buildinp~„ ~ny hMnst tha~in w parf tl~~ot. h th~ apprpah twa ~fonwid or
In ~xaa thuwf, ~h+ll oontain tM wwl saedard morpa~ d~ ar wd~ aha cta~ a ti» Mo~t9+pM ~Y nqu~ni, ~kG+O th~ ba wid~r uid po1F
ci~s. ~ach and ~vwY. wYabl~ to s~Id MORTGAGEE as its in~erest m~Y appw. ~nd wch u~d ~v+ry wch policy ~F~aN b~ pra~Wb ++t:~Md and deliwnd ~e
a~y F~k! by s~id MORTGAGEE as fwtMr secwNy to said ma?tpap~ debt. arw,. ~at le~ tl~+ t~n l10) days in advann d tM txp~r~tion of ~+d~ Volkl?. to dr
ilvu eo uld MORTGAGEE • noewal tMnof, wp~tlwr with a nnipt tor tM pnmium of axfi nnewalj and tMr~ sMll b~ no f'w w winds~am krw+^a
ptacrd on ~ny of wid buildinpa, +ny int~.at tM~tin or pa~t therwf, unl.ss tn rM fonn a+d wiM N» bss p~Y+bM M ~fons+idt and h the ~wnl ~n~r win
of mo~Ny b~oa~ pay~bl~ w~ wch polkll a politi~s wid MORTGAGEE sh+ll haw tM optfon ro rsceiw and applr ths on aooounl d IM Y~d~bt~
ness a~wnd Mnby a a pKmit uid MORTGAGORS ro nc~iw and us~ h a aey pah th~r~of fa othe~ pwpw«. wiihout tMr~by waivinp or impain
~^Y ~~Y. ~i~n a ripht w+Jar a by virtw of Mds mortp+y~: N+d in tM tweu said MORTGAGORS sha11 for any nasoo f~U to ~u~P tlw wW pn~i~ ~o
iniur~d, o? fstl w d~Uwr pranpty uiy of tsW polkks of tnswu~a b said MORTGAGEE. a fail promptlY to p~y iv~ly +ny p~?iwn tks~sfw or M+^1?
retp~ct fait b pNfonn, dixMrqe. ~r~cut~. eH~d, ooenPbte. oon~h witA a~d ~bid~ by Mk cov~n~nt, a any pat I~ewi. s+id MORTGJ?GEE ~y p~ao~ a~d
P+Y fw wd~ imwanc~ ar ~ny pui tMnof without w~lvinp o? ~ff~ctin0 anr bption. ~ie~, s4~+nY. a ripM wd~ ar b~? vtrtu~ of d~is Matp+p~. ~nd tM
f~n amoum of each .nd .wry svch P.ym.nt ~MII b. ~nm.d~sr.y dw s~+d p.y.W. a~d sh.11 b... tnt.rea 6an ~M dah dnr.of umil P+~d a ~h. .aw ef
ncne p~+ c~ntun? p~r aruwm u~d togNhsr wiM wch k?!erest shsll b~ sacvnd by tM li~n of this mat~+p~.
1. To pKmit, aornn~it o? suff~r ~o wast~. imp+ument or d~teria~tian of said propKty a~e~y parl th~+~of.
5. To pay dl ~nd sinp~+la? th~ eoats. clwr9~s and ~xp~nse~ ir~cludinp •a reasa+abl~ anorner's fN and ms» oF ~bqr~cri of tttl~, inarrnd a p~id at
any t&ew by wid MORTGAGEE, b~cw~e or in tM ~wnt of the fsilun on ~Ir put of ~M sa~d MORiW?ciwt a wiy. P~P~h? ~ fu~i1? Pe~a~m, d~~
executs, effsN. campkf~, comply with and ~b~d~ by e+ch and ~very tM sY~pulsfiona. ayr~emenn, conditia+f„ and oown~nb of s~d p?omissory noM +nd rtw
mo.t9ap~ any or a~he~, and said cost~. char~es and ~xp~eaes, tad+ and swry. ~MII b~ imrn~diatety dw and p~yabk: whetMr a not tMn b~ ~otia d?
mand, atl~mpt to eoliect or wit pMdinpt and tM fvll amount of esch and evay wch paymeM shall bear interpt fron~ Nr daN Ih~rwf uMq piid ~t the
rare of nine per untum par ~m~wn; uid ~II said cost~, ch~es and expe~ses wKwnd w paid, top~~ha with s~d~ int~at. s1M11 b~ wax~d br th~ ti~n of thit
mort~ap~. .
6. That (a) in th~ wMt of any breach of this N1at9epe w def~ult on tlr part of th~ N~ORTGAGOR, w(b) ie~ the wa~M a~11 ~ ~~^~'~1?
hrrein r~fen~d ro b~ not promptly and fully p~fd within thirty (30) d~ys next afte? ths tsrn~ severa{Ip b~tar~ dw snd p~Y~ble. withoul dN~wnd or ^otio~.
or W io t!r ~vem each and every th~ ~tipul~~~o~w +~eaMnts. cond~tiau and coven~nts of s+id promisswy not~ and tlas morqg~ any u~ an no1
iuly, pranptly and full~r p~rform~d, docFur~ad, exscvted, ~ff~ded, ca~ltt~d. ~omplied with ~nd abidsd by, tMn h~itlNr w any wch ~wnt th~ s~id
yregah wm me~raned io ssid p~omiuory rate then rem+ininp vnp~id, with in~er~st scuued, and a1t moneys acund hu~b~l. slrll bsoom~ dw and piy~
able fonhwitly or thereafter, ~t the option of said N10RTGAGEE, u fuly and completely u if all of the s~id :w~r of nw~r wen wipin+lh aNpul+~ed
to be p~id on sud+ day, anythie+g in ss;d prom~ssory oote w in ~h~s AIb.~~a9e ro rM conr.uy non~ri~l+st+nd'u,p: and th~rr~pon or tixreafh. r M. oWan of
seid MORTGAGEE, withovt notice w demsnd, wit at I~w or in puity, tl~efore or thereafter beywb maY ~ P~ ~~~~Yi
had matwed pnor to its institution. _
7. That tM eve+~t that ~t the beg'ur~ing of or ~t ~ny time pendirg any wit upon this Maty~. or to fweclw~ it, or to nio~n h. a to aefora~
payment of any daims Aereunder, said MORTGAGEE shslt apply ro the Court havirg jurisdiction thereof ia t1» appo7n~neM o~ ~ R~csiw?. sud~ Courf shall
forthwith ~ppoiM s receivs~ of said mort9aged ptopaty all ~od sinp~lar, includug all sad sirgular tM ineortr, profits, 4w~s and. reremns fran wh~t~vK
:ource derived, each ~nd every o( which, it beinp expreasly understood. is he~eby matgaged as if specifiutly sN forth and d~wibed in th~ prantinp and
habendum dauses he~eof, ~nd wch ReceivK shall h~w all the broad and effectiw functwru and powea in anywise ~mnat~d by a Caxt q ~ Reoeiwr. and
•uch appointment shall be made by such Court u an admined eq~ity •nd ~ m+tte? of sb:olu~e rght ro s~id MOitTGAGEE, ~nd without rofereno~ b tM
adequacy or in~deqvacy of the wlue of the prope~ty mwtysyed or to the sonre~cy a inaolvency of said MORTGAGOR w tM defvid~r?ts„ and tFut wch
rents, pwfits, income, issues and revenues sh~ll be applied by wch Raceiver +ocordinp to the lien w puiry of s~id MORTGAGEE ~nd th~ prwia of such
Court.
8. To duly. prompty and fvly periorm. d'ischarge, execute, effect, complet~, complY with ~nd abid~ by wch and wKy t!~ stipulatior~ ~prNm~eNi.
condiYwos arw! toven~ori in w~d prombaory note atw! this mortgagt aet fwth. _ • -
9. That in ih~ event the owne.ship of the morfga~ed premises, a ~riy ~wt N~ereof, beco~oes wsted in a psrwn otha tMn tM MORTGAGOR. th~
?110RTGAGEE, its successors ~nd ~uipro, may, without notice to the MORTGAOR, deal with such wae~sor w wooesaor in interest with nfere~oe b this
rnortgage sod the debt hereby srured in the sams manner u with Mwtgsgor witFaut in any way vitiatirg a d'ach~rp'sg tlw MoNp+pon' Ii~Wlity hu~
under or upon 1he debt hereby secured_ No sak of th~ Fremises hereby mortg+ged and no fabearance on th~ p+rt oI th~ AIIORTGAGEE or its wooessas
or a:sgns arx! no extensan of the time fw the psymem of the debt hereby secured yiven by tM MORTGAGEE w its w~ooesson w assip% sh+U oper+N
~o release, dischsrge, modify change or affect the wiginal liabiliry of the MORTGAGOR herein, eithsr in whole or In p~rt.
10. It is specific~lly agreed ~Mt time is of the essence of tha contrxt ~nd thst no waiver of any oblipstan henwidu or of th~ obli~ation s~
cured hereby shall st any time thereafter be hefd to be a waiver of the terms hereof or of ths irutrwneM secwed herby.
11. In additron to the fwego:ng monthlY payme~ts of princ'pat and interest required by the p?an"rssory note secured- hereby, mortpagor oovenanri
and agrees to pay to mortgagee with eacl~ monthly paymeM an sddi~ional wm cs~~mated by mortgagee to be eqwl b 1/12 ~ the ~nnual cast of the follow-
in~:
A-All real property tsxes levied o~ assessed against the above desuibed real estste.
B-Premivms on fire snd windstorm insuranet ss t~erein reqv~~ed to be curied on the improvert~Mri irtwte on ths ~bove deW~ed p~sas.
C-P~emiums on such mort9age 9uaranty i~su?ance as mortgagee sh~tl from t~me fo time deem fit to orry an th~ lo~n seaKed hereby.
~ Mort9agee shall from time to time r+otify matgagor in writirg of the amoum due and psyabk he~eunder ~nd wd~ wm shall thereupw~ bs due and
~ayable on the due date oE the next monthly payment and each successive month thereafie. ur.til mortgagee shall r~Wiiy mo~tqagor of s'dwg~ in wd~
emount. Such sums shall be applied by mo~tgagee toward the p+yment of rea: property tsxes, inwrance prem:una, and morty~pe puarar~y insurx~ce
premiums. _
j IN WITNESS VYHEREOF, the said MORTGAGOR hss her~to set his h~nd snd se~l tMe day and ye+r first aforeMid. -
~ dell in ofc
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SiATE OF FLORIDA ~
courm oF Sty L~~ f e
~~~,~~y ~ Rebert W~ Ai ~l A ~nd
Yvotl~le R. Hinle his wife, ro~~II t~wwn s~d know~ w ~+s to b~
the individwls described in and who sxecuted ths forepoiny instnwmnt, and atkrwwkdged b~fore mt tlut tMy eaacuted tir sam~ fo~ th~ purposes
fherein eupressed. Md th~ sa~d YVOZ1I19 R. A~pl@
W;f~ ~ ~ Robert W. Hinle - „po~, . ,.p.,,a ,nd p~t,,,~.
exa~i~tion by m~ qken separst~ and apsrt from her said , adcnowledped b and befon me that ~M exeMed sad bistnrme.N frody ~d vokrn-
rarily and witlwut ~ny compulsion, constrsint, ~ppr ' o~ f~ar of or from hsr said Iwsb~nd. L.~
WITNESS my Mnd ~nd offioial seal this ~ d+y of A. D.~ 19~Si.~
Notary Publk in and for th~ Sta1e oE Fiorida ~t Lar~e -
. Allr Commission ~xpir~
R~,,~ Ta . ~o~~,? sau ~ ~o~a.at_la~pe~ ~,p
First Fsde?al Savirgs a loan A~wciation s,
Of iwt P~erce. ~ ~ i• ~
F«~ P~.a. Floride fILED ND RECORflED~,, •'•a.''".~.~,`M^;i~c~'w'r";; .
{E COUNTY. FL.A. ~ ~ ~
~ ST LUC t , :1..,.. : ~ -
. ~RECORO VERIFIEO - :
~ • • :
-~544'~'i ~ "r~ ~t~1:~ ,t,' -
: Z 2 : ~ : ~ '
'61 APR AN t0 , . ~ ~ y _
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kOGCR POITRAS " ~ ~ ~
~LERK CIRCUIT COURT `:t,,:~~,,..:'•'`
~Y~ ao~x~65 PAGE~495 ~ ~ : .
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'~is . ~ : ~ _ _ y~; -
P Je p~`~ .