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HomeMy WebLinkAbout1231 ~ ~ j To plao~ ~nd oontinuovsy ~+ap on ~M buitdi~?ps now o~ hsrah~r uw~tt on s~id land ~nd on ~II ~quipm~nl and pMaondhl cov~d bY thu nwrq~ aQe. with ~II prKniwm t1+Kwn paKi in h+ll, fih insur~e~u in tM vwal tardud polky fonn, ie swn appror~d bf? tM ~M~ORTGAGEE+ a~d w'^d~t°rm Inwr~n in tM usu+l atand~d pol~cy fam, in ~ sum ~pprowd by ~M MORTGAGEE. 4? M+d~ tanP+nY a+ oo~ tM MORTGJIGEE en~y dincy and ~II fin u~d wind~wnn irow~~ policies on any of 3~fd butWinp~. ~ny InNhat tMnin a p~rt tM~eof. N tM pprpat~ wn? ~forts+id or in acaa th~rwf, shall conain tM uswl standard mwtg+~ clau~ a wd~ aMr da~a~ as. tM Matp+ps+ ^+~Y ~~+~n. m+kirq tM loss wdN u~d poli~ ci~s. ~ach u?d ~vKY. WYabb b said MORTGAGEE a in intetest nwy ~pp~a, and Nch and wKY ~ P~~Y ~II b~ P~anWb us~9md ~nd d~liwnd W ~ny MW by ~aid MORTGAGEE a furthK ~cwity ~o s~id matyap~ d~b1. and. no1 Iss~ th~n t~n dayt in ~dvaoa of tM expkatioo of Nd+ polity. ro dt tivw p~id MORTGAGEE • r~wwil tMreof, to~~Mr with a rac~ipt for tM premiwn of sudr r~walt ud tMn ~hall b~ ~o fin w win~lstam irowana _ plaad an ury of said b~ildinp~„ ~Mr int~nst tMrNn or put therwf, vnless ie tM f«m and wi~h tM las p+YabN u afora~Wi u?d In tM ~wm ~ny wn+ of ma»y baan~s p+YSbb u~wlM wc~ PdkY « Pd~ s+~ ~RTGAGEE shall Mw tM option to naiw +nd +pPtY tM s+m~ c^ +aoou^t of tM 4'ci~ted~ ~es~ wnx~d hK~by or w pNmit ~aid MORTGAGORS to na~iw sod w~ B a any part th~nof for other pwpa~s. without thaeby waivin~ a vnp+th t ' inp any puity, li~.~ w.i~ht undsr w by vt.~w of thia n+ony+y.r and in ~M ~venf wid MORTGJWORS sh~ll fa ~ny nason f~il to ke~p iM s~d prNnisN w inwnd, or f~il 1o d~liver promptiy ~ny of said policies of inaw+nu to aid MORTGAGEE, a bil p~aeptlr b p+y tulip any pnenium tMr~for o~ b+ +^Y resp~ct fail b pufwen, disclwy~, ex~cute. ~ff~ct. campl~t~. campfy with and ~bW~ by thk aown+M, o~ +~Y P+h s+~ ~TGAGEE rtyy plaa +~d full amoun o sach and wKy ~ p+yment sh+ll b~ ai~i»diately du~ and p+y~aW~ M+d shall~ib~ int~rist fran th~ ~ tMrwff ~1 p~~id at~th~ N o1 nir» per petum per aM+um and ~oQether with wth Interest sl+all t» s~cv~ed bY tM li~n of this morlp~. 4. To pKmit, oomn~it or wffa no wasq. 6npslrment ar d~tKiontia? of wW prop~?ry a a~? part tMnof. ~5. To pay all and sirgular tM costs, ch~ry~s +nd ~xPN+~, ir.clvdinp • na~bl~ ~ttomsY's fN a~d oos» of abatracri of Htl~, incu~r~d a p+id tl •ny tkns by iaid MORTGAGEE. b~c+~~s or u+ th~ ~wnt of th~ failur~ on tM p~t of tl» s~id MORTGAGOR 1o dulr. p?anPth? a~d fi+lly pufwm, disd~p~? sxecute. ~ffed, oanple% comph~ with and ~bide by e~ch uid ~very tM stip~lations ~yreein~nri. condition~ ~nd oowrnnM of s~id prortus+uY noN u~d thb mat~p~ ~ny or ~itha. aad said cosy. d~u~s a+x! ~xpens~s, each and ~wry, slall b~ Mwr»diat~ly dw ~nd p+yabNt wMtMr a not tMn b~ aot~a d? . mand, ~nemp~ to aolleN w svit pend~nyj and ths full amow~t of each and wNy wch psymsm aha~l bMr int~t fran th~ d+t~ Mrr~of w?til p~id ~t tM ra~e of nir~ pe~ oentwn pa +mum: and all s+id cwts. chu9ea ~nd expxaes intwnd w p~id, fop~thu with wth Muu~at. ~hall M Ncund by th~ INn of thM maty+pe• . 6. TMt in tM eveet of uqr breach of thb Mwtg~ w defavlt on Nw paA of tM MORTGI?GOR, o~ le) in tM ~wnt +nY of uid tuna of nan~y hereie r~ferr~d to be not prompty and fully psid within thirty t30) d+ys n~x~ aher tM sarn~ s~wrally b~can~ dw ~nd p~yaW~, without d~mand a notia. w(c~ in tM ~v~nt each and evary the stipulaf'ans, ~gr~em~MS, conditions ud cowMnts of ~aid pranis+wy eaM ~nd tha nwr~Wp~ +^Y a NtM~ +h ~ly. PromPtly and fullY Pe~iwm~d. d~scharyed. execw~d. ~ffected ca~Pk~ed, campli~d with and abid~d Mr, tMn in ~itlw or +iw s~d~ w~nt th~ s~id a~ preyat~ sum memioned i~ said p?omisswy rate the~ remaininp vnpaid. with intaat acuwd. and all morwy~ ~cw~d. MnM?. ~MII b~oant dw uid WY~ abk fonhwith, or thereaRe~, at the oprion of said MORTGAGEE, u fully and compt*tely ~s if all of tM s+id ~w~s of nan~r vwn o~~pinaUy stipulat~d ro b~ p+id on wch d+r. +nY?hinp in sad p~om~u«y note o. tn this Mortp+pe ro tM ca~rruy ~wtwi~Mtandinps ~nd NMnupon w tFwr~afrK at th~ optbn of sa~d MORTGAGEE. wirhout ratK~ w demand. wit at law or in pvity, rh~efor. «~h.r.ahK b.~vn, a~.r b. ~ra..a,+.d a ff a11 mon.y~ •.a+.d h.r.br had rt1~11Nld prql to itt instifufion. 7. TMt in tM event that at the b~ginninp of or ~t any time psnd'np sny wit upwi tl~h Ma~p+p~, a to bhelw~ k, or to nfam h, w fo ~nio+w payment of a~y daims hereunde~. ~+id MORTGAGEE shall apply ro the Cowt h~vlnp jwisdiction fMrw1 for tM ~ppoimm~nt of ~ R~ceiwr. wch CouA ~11 forthwith sppoint a nceiwr of sa' mortpaged property all ar~d sirg~lu, inrJudmp all and sfnyular tM k?oom~. ptofita, t~sws ~+d r~vMws ~roen wMtw~r wuru derived, each and every o~whicl~, it beinp expreuly ~rnderitood, a h~reby mortgag~d as ff ~pacifiulyr ~N fath ud dNCrlb~d In thi ~r~ntinp aed _ habendum clsuses hereof. «+d wch Receiwr sha11 have ~II tl+e brwd and effacriw funct~ons a+d pow~n in anywis~ ~mrust~d by, ~ Cowt p~ Reaiwr. ~nd such sppointment shall be made by wch Court as ~n sdmined eqvity ~nd ~ matter of absolW~ riqht to wid MORTGAGEE, and withovt nf~r~na ro tM adequacy or insdeqwcy of the wlw of 1he property mwt9+ped w to the sowency a insotvency of uid MORTGAGOR or tM d~hndants, ai+d that wth rent~, profin. income, issuea ~nd revenues sh+ll b~ spplied by such Reuiver accordinp ~o rh~ li~n or ~quiry of Nid M~ORTGAGEE uid t!w practia of wch Court. / . } 8. To duy. Pra^Ptly snd fuly perform. dach~rpe, sxewte, eHect, tomP1N~, complY with aed ~bW~ by MtF~ w~d ~r tM stlpulstioro. ~p?NmN~U. ~ conditions and coveeants in said pron+ksory note and this mprtysp~ wt forth. . c 9. That in the event the ovvnenhip of tM nwngap~d pten?isa, w uiY PHt tF~eof, bcoomes vast~d in a pKw~ otlnr th~n fh~ A~ORTGAGOR. th~ MORTGAGEE, in s~ccesson u+d ~ss~gns, may, witha+t notka to the MORTGAOR, deal wifh such sua.~or a ruoanor in im~nst with nfK~na /o this mort~pe and the deb~ hereby setured in ths s+rne mamer as with 1Morty+pw witMW in N+y way viti~tinp w d'ach+rpinp Mw Mortpapa~' Ii~bility h~r~ under or upon the debr he.eby secwed. No s+le of the premises I~e.eby mortg~ged +nd no fwb~ar~nu on tM part of t!w MORTGAGEE a it~ woauon or auigro snd no extension of the time fw the payment of the debt hereby secured yiw~ by tM. MORTGAGfE w in wcatsson w ~uipm, shdl oqr~t~ 1o releas~, dischsrye, modify ch+nge or affecf the wiginal liability of ths MORTGAGOR herim, aitha in wiwb or in put. { 10. It is spscitically agreed tMt time is of ths essence of this contract and tMt no wdwr of airyr oblipation hawnd~r or of fh~ oWlp~tlon ~r ~ cv~ed hareby sF?dl at aey tane thereafter be held to be a waiver of the t~mt hereof a of th~ inatnKnant acund haby. 11. In add~tion to the forego:ng monlhlY payments of princ:pal and interest req~ired by the_ ptaniswry nore secured hereby, matpsQor oown~nb and ~yrees to pay ro mortgagee with each monthlY paymcnt an sddirional sum estimated by mortyaye~ to b~ eqwl to 1/12 of tlw amw) twt of th~ fdlow- ing. . A-AI) real property tsxes kvied or assessed against the above dewibed real estste. . I B-Premiums on firc snd windstorm insvrance as herein required to be urried on tM improwmeeb idvaf~ on HM ~bov~ deforib~d pMnhq. I: C-Premiums on suth mort9age 9uaranty insursnte as mortgagea sh~ll from time to time de~en fit to urry on tM ban Ntur~d her~by. ~ Mort9agee shall from time to time notify mortgagor i~ v~rtitirg of the ainount due and payabk h~revnder ~~d wth wm sMll thxwpon b~ dw and payabk on the due .date of the next monthly payment and esch successive month thereafter until mortqayt~ sMlt notify mortgapw of a ch~np~ In avch amount. S~xh sums shall be applied by mortgagee toward the payment of rul prop~rty taxes, inwrance premiwro. and mort9+p~ puaruM~l iraunnp premivms. . IN WITNE55 WHEREOF, the said MORTGAGOR has herevnfo sef his hand snd seal tM d~y ~nd yNr fint afaa~td ~ Siyncd, and ed in the presence of• ~ te.'~ re..ry . ~ ~ STATE OF fLORIDA ~ SS. courrrr of St. Lu:is , eefore me perwnallr appea.ed Anne SnAndrli k~ g v~ Aew .ni -lerwiie, to me vwll krawn ~nd known to nr fo b~ the infividwl~ desvibed in and wfio exacuted the fweyoirg tr~trument, and ~cknowledped before m~ that glwy ~x~a+ted tM sams fw tM purposes rherain expessed. Mi~ ~aiJ wifaoi N» ~sir i MM'~w+~M ~wrwi~stiow ~r- ~w-t~~s~MMN ywr-~prf ~Mw? ~ ~id-iMr~+w~ ~~-1? a~i ~io~-t~lw~ ~b? ~~art~d-Mii iialrM~awf -fr~-aw~ volrw. ~ »ril~ ~rd ~rwl~eel ~i+p-oernpebio~,~arsteainl-rppreF~arwi~~a~-~f-or irow~+~lw~b~rnir WITNESS my hand and official seal this- ~ 9 day of A. D. 19~_ ~ ' Nofary ~+d fw the St~f~ of Florida af L,~rp~ - MY ~xpir~sz Retvm Ta. First feders) S~virgs i loan Afsociation : ' Of ~ i~' ~~otary PubKC. Stata o1 Fbride at L.arge ~ F`L~~ R~OED ` ~v1y Commission Expir~s Aug. 6, 1967 T. LUC I~ d~ I T N T T. FIA. - v. ~ 3onded dy Am~ncan Surety Co. oi (~L• Y. S RECORD VERIf1ED ~ c~~ c> ~/L/G . 1~02 f~- ! : ~ _ : o '67 MAY I 9 PM 3 : Z I - ~ ;:x° _ , - ~ . .n d~~~ ~ ~ ~ ` . ~ ~ t~~' r:. ~ `-,;~il :;STR~~r~' ~ _ . ~ ~ ~NHt1t~ C~FQ~•CI::CU1? C'~!~f~T . ~'.i } 6~U!( ~11U PAGE~~Q ~ - . - ~ - ~ ~ ~.~,,~.w _ ,a~~!-~ ~ - . ,~e"°..