HomeMy WebLinkAbout2693 . , F: f;`,+S
i t ' . r. ~ _ ,
~B~~S ~tt ~ ~ W~ ~lI1W. 11~1ti1~MlV ~ spp~r1~BIIYOEt 121~OIt0~0 ~Oljlll~qr ~A all~
vi~s tha+euato ayparhinio~ ~ad tla rqah. iw~ ~ad prv9ts t6~rsot. ~sd ala W Ws at~ta ri~b4 titls. iutee~est ~nd ~ll ol~jp
+wd~~ wiuaos~er. v vdl is Lw ~s in equi~,.. at Mo~q~~or ia ~nd ~o t1~e ~ais. ineladiot but aot limieed toi
AII tw~6r. Pt'o8t~.~~e~sveaue~„ roTalua. r~hts ~sd ben~llis detiwd trom (1) arop~ ~owQ on s~id ~eaui4Y ~ad pr~odues ~
ot ttM ~oil oihee~.iee ail. vr miaetal4w~ o~ ~s p~smi~et oe ayr theroot e~tio~ or la~tt~r m~da with w 1
rlt6t b i+soeivs and raesiPt ~ae aad ~?pp~ tLe ~me to tbe iad~b~ s~ours~ le~nb~ eitbs~ btors ar afte~ W d~anlt
l~reandar. aad Mort~~s m~y dea~ao~d, sue ror aad eroovec aaJ p~ymana bu~ shaLL noo bs reqoir.d w to da ~nd ~3) vl
oth~e rept+. iuaa ~?ad .pco6b d t~Ls p.~nites hom tim~ w~
a aearuiot, wMWe~ nad~e le~~er ae~ ~r ~t~ ar
hse~e~ttar ere~ted~ra~s~ to M . qo~wa~ p lon~ as Mor~Kor.~s not in dshnl~ hs~eun,~, th~ r~6~ b ~eo~i~o ~d
ret~ We rents. ~sner ~nd Pe'allha~ (1) aad (3) l~~ein. .
All i~!~~+. awaeds a vd wtt~emaat~ ~e~t~r a~ds rea~ p'~n~ h~o~ eondema~tion a:1hs .
Wrin~~6t 1bs P~es or aR1? P~ tkaerot mdet tbs po~rer ot ~mioonl do ar f_oe a~e,~ dao~K~ ~?letbpr i~byr w~oh
a o16~wi~e) ~o Lh~ pea~s oe ths ~prO~atpany th~a ot ae to a~ t~1r ~,PPurte~~n1 t~io.
iad ~ s~arl tae ehao~s ot e d streets. M i~ hers~j
iatha~n*ed, oa beic~lt snd m tLs twbs d Mor~~or
to e:ea~u and d~~ae valid «oqnt~ fae ~nd to yp~~trom sny suob ~d~a~eab or awards. ~doMga~eea~ appb a1~
iqy P~rt ther~sot so :reei•ed~ ttis~?m eat d ayl o[ iv iaoindirs eost~ ~nd atwrne~s• [eer, an ths
~~~~d h~b~ •:in euel mannee as it ehet~, or. ~t id uPti~y~ acnouat _a W A~rt th~ot w reoeiwd
3'O HsvE AND '~D;~t ~ ~b~bove aranted uad de.oribed prsm;se. to Ma~~.~.s, it~ '~e~on .sda~n~ tors..r,
and Morfga~oc doea ~by +~r~lrii?t tM titie to aid land. ~nd wiri de[apd tbe t~m~ ~in~t We 4wtn1 e4i~ss a~ ~il panons
thomwe ,p~o'~d
~~+~11T~ Ltori~or ahall p~y to 11[ ~ :
pertorm a~ot~ee ieo~nts eonditioo~ d ~id ~no~~o
~renew~erie
~
n~mod~!
ti~on tbe~d. '
and o~ tL'q martH[0.~ U~i ~a, aud .ths e~ '
Mort~a~r i`orebet
o~ovetNatr
s~ad~ with M ~ awted sl~alt ea~s nai bs nnil wd roid.
a~e'eirt ar~+~ee to11o~: ~ . .
l. 7b p,y dl wm~ iuteeett ~esut+sd wltea as ~,~y~~, .
u ~7 ' pe~i~didt
e.iaiaid.. ' { n0~s..~ ~ ' ~
ezt~eoaon a~ modi~tion~ t~
o~ and in tWs mort~a~s, ~1I ~d ~n~ b 6s in 4~~a[ t~ Uait~d 8tates ot
A1R~leA ai ~Otf~~lS'a ~Ollwld': `~PV Oma0. OT st lq0~l O~ p~s M~~l~l~•~Y ~~i0 i11 ~Ill~(.
~ 1b pq wbon due. aad withou!r~qwriu~~ aa~. taties feom Mo~es~ +~U q~ce~y, ts ot aqy t~rpe or catnre snd
aae~m~a r
other eb~r~es levied or asseseed ~aintt herebY enoum ~nd produoe reeeipb theretor apon demaad. To
iatmedi~tetq P~11~ awd direDar~e ~e4im.' ~ir;~inb~rae~es~+i~6S~i iubh De+e~i~e~'wkiea ~ bi'or~lire~dm~ wpericc to
tLia mostg~ge aad to permit no d~nlt ot ddia9~7 ~+~Y:4~er ljen. euonmbt~lna oe sLarRe ~inst sue~ pe~emi~es.
~ rwt ~ar
witi an~
m~ addi~'t~an
tM
n~~eqd_ ~~a ~0r'~ ~ non-istarast. . apeo~wt. ~te
bs ~~aiaat th~ ~~~t' ii[~ eo n,q~n~j
~d~ ~je~yp~o~
~~dr t~eee~Tl
amu~o~an
~
nboh ta~se~ a~eees~nmts +~d pt~nin ~ wd6ea R~'bqeey~ya!~d M ~ 8neh dsposits sbal) be wad by Mat~ '
dnb ah~ bs~ M ~ P~~wqs~ Aqp ~sud? aoeouni tQ sqoh eliat~a waep ~
this m ~10~~
~ dn ~nd. R~ ~"d Nq' t 61 Idortri~oi'~ +~j-~ d
aid aavount ~t~'ee~eb ~ m`
a'd
and insura
~'nms bereia otheewiee~p[~ottded ah~ll noC be~a~~ e~oosp~'m
~o i~r~o~b
'1Ka~~~bea~e
m~
by
~P~~ee ~ l. M~ mp llrom tims to time d Ib oQhon wai~~. and atter wy suoh vaiver reinita~e.
~4Y ~~+~.P~~~ae+~eot~re4airin~ ~uoh daQoKb. bT aoties. ta l~orf$a`oe in we[tiu~. WLiie aqy woh waivar is in ~eet
~~k~ ~ P~T ~~e~, a~eNmei?ts and ina~r~aes preminmr as l~n elNwleee protided. .
~pw
~Ptb p~~~
r~?ll ta~ces a~+t ss~eamente anewed or ievied unde~ ~nd by virqtie at aqy atat~ tederal. or m~wieipl
hw ot ngnLtion hee+er?ttet P~~1. agsins! Dd qpa~ this m or fhe de6t he~+eby ~eonred~ or upoa ite inte~t ~
nadee ~w nwrf~s. P~vided-Lowisver fi~i ths~~a~ouat so ot
p~id~i?q~ saeh hues perawnt tn th~s P~'+[~Ph
wiW the int~est pnysWe on wid inde~tednaw not ea~eeed . t~e ~t Lw[~ rate ot iatenat in Florida and provided
turthet tLst in the eveut of We no
p~sQe d~ saeh Lw or r~gulation. en~es indebtedne~s ~eoared by tlw ma~~gage ah~ll
tberwpnn ~beeo~us.imntedi~ie~j?- dw ~ad.pysbis at~We option~d=Mortg,l~rs . ~ . . _ . > . . . . . . .
b. To~p the pre~ses i~aand~ost bs otd~m~s bJ?llrs, wlndst~ar~ aad suah ot~r 6as~rds a. my~ bereqn~sd6~
~gagee,~ m~~arm.asd amom?b aaW~iret~ to; ~nd ~m ~psar~aes aomPanies aPl~e+owi M Mor~agee~ tbe poliaies tor whiah
al~ll ~!~bis to 3~~. 8u~eh pdiaea, ~nd sbstra~ots ~nd otbet ~itls.eri~enes, ahall bs ddi~ered ~o and held
by l~[ ~a~ee. ~po~ io~edo~re m oe oe~ee o~~. ~~t f~ ~9 afs!~'~8.
po~~ ~bslriats ~nd. tiw ~id~qoA.~W1Y ~ f~s ~b~o~lute~p~cop~erty oct~a~a : • ~
a. To Srat obt+?in tbs written eoment at Mart~~suah eoa~ent to be s~~ed a~ withhaW at the wis di~ers~ d~soeh
]Lort~a~Mr ~doe~s W~'e~'aqins ai d ~ now ~ hen~ftar e~eeted oa the premi~es, (b alterinr the .
meat, desi~n ot e~arast~t ~~~rsot; (~m~ aqY r~psi~s whiek invdvs the r~mo~al at stsae~ p~rt~ or the enpos
~
d tLs 'me ~t~iior a~~ td tiie ~le~en h~ oft (d~' 1s~epf !oc dv~ ~P~p~' a9~8 -ar i~n4Rl~ ar pe~a~iy~ W4
anttin~ a
n ~
d ~a1 d aq~ t[
e e~ at ti
m
b e r oa ~ b
e peemi~er. .
` Z: 1~p npaint~in p~e~ui~e~ in good eo~tditioa and re~it. iaolndis~ 1?a0 aot Il~ait~ed b~s maldna d smi~ trp~ira as Morfgagss
~ iX~om tims to~ iime d~termine to bs neoe.~ry~ tor iae pre.er.atios ot ths yeemi.e. ~nd to not eommio aor permit an~ wasos ~
tDe~e~eot. ~ , . . . : ; _ : ~ ~ ~
8. To eomp~ with all 4?~?s. aedinanee~. re~atitiar~, oovenants, eondi4oo~ ~nd:estriotion~ aReotipr the Dre~ni~e~, and np0 ~
to suRer or permit aqy ~ioLtioa ~ee+eot. ~
9. tt Mort~agar fiu7s to ~y ~ olsim. liea ae d~oambranes whieh is wperior b tlw morfga~s, qt. wLen dns, any tai or
aseesment ar ie~oe:noe pe+e~um, or f~o ioesp t~s ia rs~ir. or +~all eommit orparmi~ wa~ts. ~ d thars be oommeneed
a~y aetio~n os proesediqg aQeo~ias tbepremise~ or tit3s tiMte;o. i~isdint. bnt not lin~ted to, ea~inent domain ~ad baala+~te~
or reo
r~
a o~
i~
t i
o
n ' tL~r?)dort4a~ee, atits aptio~n, a~p~r said aLim,lien. enanm
b
r
a n
e e
t~a~seament os p
e+ s
m ium,
with r~ght d wb~+otst~ . m~y? ~o~ks snoh t~ep~its aod Woe aul steps ~s it deems ad bp~eveo.t ot onrs woL !
waate, aad~m~? appe~r in aqp aaa~ ae~ion or pmeeediu~ aad ret~ian ooan~el theea~n. aad tate suoh ~oti~oa thsein as M~tga~s '
deams adviasbb. ~nd fa~ ~qy at nid porposer ~[ort~ee m~y ad~snoe sneh ~ d mone~. indadins all eosts, re~sonabls
attarnep?'s fees and othet item~ d aipews aa i~ desms aeee~rf: Mort~ag~e~ sbaD be the wle ~ndts u[ Lha l~galit~. ~alid.ity and
pnonq? af a4Y woh d~im. liea. eoesmbraaea t+=. a~ee~men0 apd pcemm~, ~od ot the smovnt to be paid in ast~-
fa~otion t~«ed. Mortga~es sLaD aot be Leld aeoount~ icr aq~r dei~y ia makin~ aqY sueh pymeat, whi del~ may nsntt ia
~ny a~ddi~ion~l in~eees~ eosta. eb~es ot es~eo~s ot~erwi~e. ~ -
10. Mortg~or w~l to Moet~aee~. immediaWy and witbont demand, dl wm~ d a~o~neT id~inoea b~ Mortiageu puewaat
w~is mortga~. iaelu~all oaL~. reMOnsble iLtornefl?'s fess ~od othqr itams d e~pe~ue~ together with int~erest on e~eh smh
adv~aueea~ent at tL~e rate ten pee eent~ (10_°~b) P~ aanum~ and all stuh sRms snd iatecest thereon ahait be ~eaured Lee~by.
11. AII sams ot amoney ~eeared bet~sby dWl be pqsbls w~ifho~L any eeliet' w~terec irom aq~ vah~stian ac appraiseosen! Lw~
12 If deiwlt be m~de in p~meni d a~ inatdlaient pt PrineiPat x interdt a[ pid nots oraq~ pirt tbereot wbea dnb. o~r
in P4ymen when du0. d o~ret sam ~eeured he~sby, ot ia p~[a~maaee o[ s~y ot_ M r'i obDastio~s. eovenanta ar
t~ n~
s~e!eements ~e~nder. ~ll d~ indebtednes ~ewred Lereby sl?~ll beea~e ~ad bs tmme ~ dne aud p~ya6is st tbe optiaa
d M~rtga~ee, witLunt not~iiee or dmuad whieh ara hee+eby~y w~ived. ii wh~oh evmi Mortgages may a~ail itesY u[ ;
all ri~hts aad re~edies. st Lw o~ in eqnity aod t~a matg~gs m~y bs ta~eebsed with ~i ri~Lts ~od rea~die~ asorded b~ ths ;
Lws o[ Flo~nda 1~ Mo~agar aLsli pRy~ a~l eost~. eh~rr+s ~ad a~ea~er i~?ee~eat.~i~eladie~ ~ re~sQU~ble ?ttoraey's fo~ ;
13. It ddanh be mada ia p~ymeat~ whm d~, ot aay indebtedne~s ~eoared bereb~; oriti pertarmauee d sny d Mortta~or'a :
obliastiwis. eov~enaats a as~emend neeenn~ier: . ~
(s) Moeigagse i~ wthorised at aa~ tima withont notios; ia its ~ob disae+stion to enter npas? aad Wca posee~ion d
the premi~er ar.aoy p~rt tLaneor. io pe~tonm at~y aot~ M~s desms neoee~r~ ot peaDer ~o eoo~ervs th~ rsauit~ and b
eoL{eet aad reae~ve all rea~s, wsnes an~d prnf[ts thereof. inetu tho~s ~t dqe as we[I as thoN ~eoruing the~+e~it~er, and
(b) Mort~a~ee ebaII b~ eatiWed. as a matter d atrioi r)ght aad ~nthaat z+~aed .to the ~alae or oeonpwnay d t~? ssoun ,
to Lave a e~eoeiver appoiat~ed to antor npm +~,d tai~epo~eermn ot ths premi~s~ eolledo ibe reats and proDta_thu+e6nm aad ~pp~ i
the ~me as the eonrt m~y d~reet. s~h eeeei~ee to L~ve aTl t~e right~ and powene permit~d nqder ibe l~ws ot F~orids.
In eiiher.ue~ o~e Mortg~ee or the ceoeiver m~y al~o tikepo~e~on o~. ~nd f~ We~e PnrPwes ~e. aaY aod aIl p~sonal
cont~ined u? tLe prem~ses aad usedb~ Mort~a~at ia ths renW or ~ t~e~ot or ~aY p~st ~e~eot. The
~~~~re0eiver's ~ee~. ooansel teee, oo~it ~d ag~enL ~ eompene~?tion? ineaersd ~uiw~at b jbe powet~ Lerein oonl~i~
be he~eby. M shsU (dter pRyment d all eosts and espen~s m~rrad) WP1Y ~oL re~b. iewas ~d prast~ '
reoeived iy it on the ind~b seoured hersbg in weh oedet 3s l~~~6+~'~ det~emis«. T6er~' t to mter and t;ks po~esswa
at said ty b nanage wd oDerste the ~ame. and b eailes0 We e'eaa~. issaes aadpcoSta t~~ereo~ wheWa s noeiver ar
oW~e~rne.~ahatl ~be aimul~~ive to otLer right or remedy hereunder a ~liorded by hw. a~d may'be eonourreat~y
~
wi~ ependeat~Y ibee+e~o[~urt~a~ss sLall be }i~bls tc? aeeonat ao~ tae a~ati re~tw, 3sae~ aud piosts aotaal~r reeei~ed
~~~i ~
_
~~,~,~~x~:~ 3 y - - r - - -
~ ~ ~ ,
~s:
b~