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HomeMy WebLinkAbout0122 To plac~ ~~+d contirwovsy kNp on tM buitdugs oow or he.eahN ~itwN on sa~d bnd ~nd on alt pufpn~l w+d P~~~h bY ~~~P p~, with aN pnmiums tMreon p~~d in (ull, fw~ insuranu in the usw~ stuidud policy (~m, M• wiw appo~wd by 1M MORTGA(;EE, ~nd windatonn Lau+ano~ !n th~ uswl s~andard policy farn, in swn +pprowd by ~M MORiQ~AGEE, in s~ch ooenpany or oon+p~niK M th~ MORT~sA~3Et dincy M+d all firo ~nd w'u~dswrm i~wu~ce po1K~e~ on ~ny of aid buildinps, aiy inp~at 1Mr~in a part tM~~of, in th~ ~pprp~N wm ~tor«ald or tn ucoas tMnof. shilt contain tha uswl standxd mor~gaQe~ tlw~ w wd+ otiwr dau~ a 1M MapapN awy nqui~ ~kinp 1h~ ioss w~da f~id pol~ cki. ~?sch ~nd ~wry. p~rab» w s.M MOR7GAGEE is ih In~aYat may app~ar. ~nd tacA'ind ~vNy urd~ poliry ahall b~ prompty aa:pn~d ~nd dNiwnd te any h~W by uid lNORTGAGEE as fwtM? sacwiry to wid, morp~ dsbt. and. nw lesa than tK? (10) d~ys in ~dvanu of !1» ~xpir~tion of ~rd~ Po1kI?. to da hwr fo s~id MORiGAGEE • ~erwwal tiwr~of, toped+K with ~ rec~ipt fw tM premiwn of wch rN+ew~l~ and th~n ~hall b~ no fK~ a windstan+ irow~nq p~~od an aey of s+id b?~ild'~nps, ~ny i~terest therein or put thenoi, unlcss io tM fwm and with tFr loa pay~bl~ a afonsatd~ and in th~ twnt anr swn ot moe~y becana p~yabl~ undsr wch policy a pol;c;~s s+id NIORTGAGEE sha~l Mw th~ optan to reaiw and ~pply th~ swnt on ~ocovnt of th~ tod~bt~d~ n~si s~cwed Mnby w b pKmit s+~d MpRTGAGORS ro?eaiw and uk N a any pKt tlKraoi fa other pwpw~s, withow 1M~~by waNinp a anp~k~ i~+p ~ny p~ity, li.e o, ~ighr w~de. w by v&~w oi tMs morrpp.j •nd u+ rhs ~veer u~d MORTGAGORS sMll fo? any r.a~on fail ro k.ep tM aid pr.misa w inwr~d, or fatl to d~liver promptly any of said pot~aes of inwnnu to said MORTGAGEE, or fail pranptly to par fu1H any pr~miwn thK~for or in ~ny r~sp~et f~il b p~.fonn, d;scharpe, tx~cut~, effect, compl~te, oomply with and ~bid~ by this aown~nt, a any part h~naf, ~aid N1pRTW1GEE may plaoe and p+v Ew wch M~war+o~ or any parr tMrwf w;tlaut waivinp a~ff~ctinp +eY cPtlon. (i~n. puity. a ripht unJK a by vlrtw of thts IVbrtp~p~. aod tM full +mo~+M of ~ad~ aod ~wry such paymem thall b~ immediately dw ~?d paYSbfs and sh~ll bear inMest fran tl» d~t~ thu~of untU ~ p~id at th~ ~~t~ oi nin~ p~a qnt~m pK ~nnum a~d ltgether witF. suth inte~est shall bt tecv~ed br tlK li~n of !Ns ~or?pap~. 1. To pamit, aoaueJt or suffK oo wur~. &~,pairment a d~tsrior~tion of s~id property or any part t1?enpf. _ S. To pay a)t ~nd sbgular the costs, u':uges snd expenses, includinp • na~aubl~ ~tlorney'~ fe~ and aost~ of ~btbacl~ of Ntl~. k~twr~d w p~id r1 any tim~ by s~id 1NpRTGAGEE, b~cause or in the ~vent of tM failwe on the part of th~ s~id MORTCsAGOR to duly, promptly ~nd fvpy pKforny di~dw~ execut~. ~H~a, compte», complY wiM and ~b~de by exh a~d tvay tAe ~tipul~~iont„ a~reemenH, oonditiom„ and aown~nts of aM promiswry noh and thi~ mort9ap~ any o~ ~i~hu. and ssid cosn. cMrges ~nd exPanses. ~ach and ~vsry. shall bt irwr~ediat~ly dw u~d payabl~t whetM~ a nw thK~ b~ notfo~ d~ ma~d, att~mpt to cd~ecl or suit peodieg; and the full amovnt of e~ch snd every such paymanf shall bear inhKUt fran Me dsfs th~r~of unfil p~fd ~t tM rste of nine per cee?tum per anrwm; and ~II said tosts, tharges ~nd expenses inturrod p pald, togetMr with wth InhtKt. ~MII b~ Ncut~d by th~ IMn of 1hN 'nort~apw , _ 6. Th~t in the ~vent of any bresch of this Mortgape or default on the paA of the NWRTGAGOR, or (b) tn th~ ~wnt ~r of pid surtp of naMr herein ~elened to ba not promptly snd fully psid within thiny (30) deys next after the same severaty b~cwn~ du~ ~nd paYaW~. rnithqut d~n?~nd or notiq. w W in the eveet each and every ti+~ sfipulat~ons, agreemee?n, condifions and coverwnh of sald prpn~s~ory ~qi~ and this nqrfpp~ ~ny a~ith~? an nol ~fY. Wo^+Rtly u~d fuNY P~a~+ed, discharged. ezecvted, effectad. tomPlttad, comPlied wiM ux! ~bided 4y. Mi~n N~i1Mr o/ ~ny suth ~vMt fM s~k! q~ ~ prapah wm ma+tia+ed in s~id promissory note then re~raininq unpaid, with intereit scuued, and alI mon~ys wax~d. l~u~bY. s1y11 b~oonN dw aN! pap aDl~ fw~hwith, a thereafrer, at the op~an of said MORTGAGEE, as fully and comphtaly ~s if alt of th~ said ~uws of morky yr~n aipin~lly atlpul~Md to b~ paid on wch day, anythin9 in said promiuory rate w in this MwtpsQe to the contruy notwithstand'ups and tlw~u~wn at tMr~affu ~t tM pptio~ pf s~id MORTGAGEE, withow notice w demand, suit at law o? in ~iry, thereforo or thaeahK Myw~, awy t» prascuf~d a ff aIt moeeya awnd Mnby ha/d fRallNed pfqr ro ift itltritVriOn. 7. Thaf in the event that at the beginnin~ of or at any time pendin9 sny suit upon this Allort~~. p to ~pr~eloN k, or to nfwm h, q to ~nfwq payment of any dsims hereunde?, s~id MORTGAGEE shsll appty to the Court having jwisdiaion theroof fot~ tM ~ppaotnwnt of ~ R~oeivK, wd~ CouH ahall forthwith appoint a?eceiver of sa~ mortgaged property all snd :irgubr. irrclud~r~g all and sinQvlu t?a incorn~, profits„ ktws and.r~v~nuq from wMtwN source de?ived. e~d+ and every o wh:ch, it be~ng expressly undentood, is iiercby mwtgaged u if sp~tifiulty sH forth and dMCribd In thi Oqntinp u+d habendum tlauset hereof, and such Receiver shall have all the bro~d and effective fonct~w~s uKl powen tn ~nywip entrusttd by ~ Covrt ?p + Rtedvp. ~nd such appointment sfisU be made by such Court as an ~dmitted equity ~nd ~ ma»er of absotute rght to ~aid MORTGAGE~, aed wittaut nfK~nq to th~ ~dequscy a inadeqwcy of the value of the property mortgaged w to the wlvency or insolv~ncy of s~id MpRTGAGOR w th~ d~f~r~danft, and that wd~ renb, profits. ~ncome. usves arx! rewenves shall be applied by such ReuiMer atcordinp !o th~aien w puily of wid MORTGAGEE and t!M prattks of wch CMJ~f. , 4 8. To duly, promptly and fully perform, dischar~, execute, effect, compkte, oomply with u~d abW~ ~ad~ ~nd ~ conditioM arM covln~nh in aa~d promissory nore and rha mon ~ w~Y ~~pulatiau. prwnwnn. 4age at fwth. . 9. That in ths event the ownership of the mo?r9ayed wem+ses, a s,iy put thereof, bec«nes wstx! in ~ p~rwn othK th~n th~ MORTGAGOR, tl+~ MORTGAGEE, its successws and ~uigns, ~aay, without rotice to the MORTGAOR, deal with iuch sua~ssor p ~uopnpr in im~rqt with nfK~no~ to this mortgiye snd the debt hereby secured i~ the same msnner as with Mortgagw withovt in u~y way vitiatinp or ~rpinp th~ MortQapqs~ INblity h~r? under or opon the debt hereby secured. No sale of tM p+emis~s hereby mortgaged and no forbNr~no~ on th~ part of tM MORTGAGEE w 1» wa~ators w astigra and ra exttnsion oi the time fw the payment of the deb~ herebr secured piven by th~ MORTGAGfE or ib woo~twn or asaipn~, aMll oqrat~ w release, discMrye, modify change a sffect the wiginal liability of the MORTGAGOR hertio, ~ither in whole ot ie pirt. 10. It b specificalty agreed that time a of the euence of this contrad and th~f no w~iwr of ~ny oblip~Yan Mrwnde? o~of th~ ob1{patton M. cured hereby sMll at any time thereafter be held to be a waiver of tf?e terms hereof a of ths 'untrumant sawad ikrby, . 11. In add~t'an to the fwego:ng monthly payments of princ'pal and intcrest required by fhe promiuoty note secured hereby, mor?papor opvrnanH - and agreea to psy ro mortgagee with each nwnlblY paYment an addirional sum estimatad by mortga9ee to be eqwl ~e 1/12 of ths annud cost of th~ follow- ing: A-All re~i propeAy taxes kvied w assessed against the above dewibed real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improverr~ntr sitwte on ih~ ~bov~ d~~vib~d prNnbp, C-Premiums on such mortgage guaranfy insurante as mwtgagee shs11 from time to time deem fit to utry on fh~ Ioan Mturd henby, Mortgagee shafl from time to time notify mortgagor in writing of tFro amount due and payable hereunder a~d suth wm sMll tMr~upon b~ dw ~nd ~ psyable on the due date of the next monthly payment and each successive month thercsfter until mortqayes ~ha11 nofify mortgapor of ~ e~anp~ M wch amount. Such sums ~a:l be applied by mortgagee toward the payment of real propcrty tsxes, inwrsnce premiums, aed mortpsps qwraMp Inturant~ premiums. " _ 1 NE55 WHEREOf~~said MORTGAGOR has kereunto set his hand and sesl the day ard yrw first afa~aaid. Sea and li presente of: ,t ~ G_ . ' n - n n STATE Of FIORIDA ~ ~ COUNTY OF - 4 t~ T.~~ r_ i. defwe me personslfy sppeared LAO E. Wi l l ems ~ _ Ja7le A Wil 1 Am his wH~ ro ms w~Il krwwn aed known w nr to b~ the individwb described in and who e:ecuted the iora~oiny &utrument, r?d ~dcrawledged befor~ me tMt tMy ucewtad the sims for tM purpw~s therein exp~es~ed. And ths ~a;d ~7ane A Wi l 1 gma w~fe of the w~d I ee E Wi i l wm8 • ~ upon ~ sep~rats and prW~t~ examinatio~ by me bken seQarate and apa» from her sa;d hv~band, sduwMrledped to and befon me that sh~ exea+tad said instnrrnent frply ~nd volvn- tarily and witho~t ~ny compylsioey oonstrsint, sppreF~ension, or feu of a from her said Mnbu~d. ~ WITNESS my `h~liMiNfiiwl seal fhi+ .-~-t=-- daY A r A. D. 19~L_ e:~ • ~ : ,~`~~...s...,~~ ?-,r~~~ - ~ :y ~ i. i? i'~ ~ ~ M ary P~~k~io ~e~d for th~ Sfah of Florid~ ~t Larp~ F~t F.d.a~ ;Q~ ~a r .,ti,~~; - . ~ ~p ~ ~e,~? ~ s te of Ftorid~ at iar~ _ _f-.~ , Ar~o aEC.o~ , c~~ ~ t-~~ pK~~_ ~ G; i ; f ll~~ OUN?Y. Ft-A' : Mf? ,a,.. ,?..,E"P! w a~' 2: 1969 ~ ~~r`~w~.'.li~e~~+.-•.:`v`; ~'REC R~ VERIFIED y c....r,. cg, f ~ ~ i~~~~~ _ ~ ~ A~ ~ . ~<< Zy PN 3._+ 3 . , '61 APR _ .~:OGr ~ ~'~1T ~OURT CLER~ ~CtRCVIt - ~ BOOKIU6 PACE ~,20 F ~ r - ~ s ~ ~ r ~ _ • ~ -