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HomeMy WebLinkAbout0025 T~r l . I 1 To pl~w ~nd oonthwowly kNp on th~ buildinys oow a h~r~~ft~r sitwh oe saW land ~nd on ~II puipmMM ad pwson+~h? oownd bY ~^~~Y' p~. with all pnmiwM 1Mnon qid in full, fin insvrar?c~ io ~M uwsl staodard policy tam~, i~ ~ wm aPP~owd b1? ?h~ MdRTGAGEE' and v~ind~tor~n Yaw~e in th~ uswl Nand~d policy fam. (n • wm approved by tM MORTCsA(3EE.• In wd~ oon~+^Y or eomP~ a th~ MORTGA~3EE e++y dtnet~ ~nd ~II tin and winrbwrm iiawu+c~ poltc:ei on ~ny ot said buiWinp~. ~ny ieh.at ther~in a pwt tMrwf, in tlw pprpat~ ~wn afons+W a in ~xaa tiwrwf. sh+ll oontatn tM wwl ua~dud ~matgage~ clws~ w•uch aha dau~ a ~M Mo~~pap.. n,.y r.~?N~. ~lnp ~h. tos. w~d.~ ssid po!E ci~s, ~ach ~nd ~v~ry. paYaW~ !o s~id MORTGAGEE as its intereit m~y appsa~. and eath and tvay wch polity ~MII b~ promptly ~ts:p~ed and ddlwtw /o ~ny h~W by uid MORTGAGEE ss iwtMt tecurity ro said mortpage debt, ~nd, no~ las than an l10) days In ~dvuio~ of th~" ~xptr~~an of ~ath po~kY. ~o d~ (iw? to wid MORTGAGEE a nn~w~l tMnof, wpether with a ~aceip~ for the pnrt?ium of s~ ~~w~~~ +nd tlw~ ~h+~~ b~ ~o fin or wi~+dslwn+ k~wzana plaad on w+y of ~aid bui{dinps, ~ny intaKt therein or put thaeof, unleu ~n the form and with tM loss p~Y+~ afo.~ld~ ~+d h tM ~v~nt a~r ~wn of ewr»y b~ooews payaW~ vnda wch polic~r or polici~s wid MORTGAGEE sMll Aava tM optan ro nuiw u~d ~pply tM ~ on ~aount of th~ k~d~bted~ nns sscvnd ha~by or 1o p~nnit ~aid MORTGAGORS ro reoeiw and us~ it a ~ny pa?t lhereof for other pwpoies, withovt thersby waivug w in~k- kp sny puity. li~n a ripht w~dK a by virtue of this mortpaye: and in tM ~vent Nid MORTGNGORS sh~ll fa ~ny nasoe~ bil to keep tM s+W pnn+i+a w inurr~d, o~ 1ai1 fo dtiiva p~anptly ~ny of said policies of insuranc~ to said MORTGAGEE, w f~il promptly M pay fully ~nY pnmiwn tMrefw w in a~r r~sp~et f~il b pKfonn, d'achu9e, ez~cvt~. eff~ct. comPlete. complY wirh and abide by tha aovensnt, a any put Mnof. saW MORTGAGEE m~y"pP+c~ ~nd WY fw wd~ M~aK~ o~ ~ny part tMnof wi~hout w~ivinp a ~ff~ctinp any option, li~n, puib, w ripht w~dv or by virtw of tMs Morpap~. ~nd t!K full anwwu ot ~sd~ and ~wry wch paymN+t ~hall be imnedNtey dw uid psyabb and tMll b~ar int~rat han tM dat~ thKwf tmtil p+id ~t tM uh of nirw pK pntwn pa anwm ud topNher with such ime.ost shell be :ecvred by th~ 1'~sn of this mortyapt. 1. To p~rmlt. aarrnB or wffa no wasts. impaim+ent or deteriw~tion of wid propKty or any pirt thenof. S. To pay ~11 and slnp~lar t!~ costs, cha+9es and expenses, inauding ~ re~son+bls ~trorney's ht and owls of ~Mtr~ets of tnM, incun~d or paW ~t eny tirn~ by Mid MORTGAGEE, basuss a in the ewM of 1M f:ilwe oe ~hs pa?t of th~ sak! MORTGAGOR w duly, ao~ry .~,d f~iy ~o~~n, d~.ch.roa sxecvt~, ~ff~f. ao~mpltN. aomply with ~nd ~bide by ~~ch and every the itipulations. .yreenann. condiriaa, •nd aownann of .ad promiswry noa .nd t{.» mort~ap~ ~~y or ~itha, u~d said oosts„ ch+rges and e:penxs, each ~nd every, ih+ll b~ imn+adiat~ly due and payabl~t wMtFw or not tMn be norio~ d~ ~ mu~d, atMmpt fo oo1tM a wit p~ndi~gt and the full amo~?ro of each and evay such paYma+t sA~ll lxar int~st froen tM da» NM?wf uotil pald ~t t!r ~ rate of niM per oMtum per ~mwmj and all said tosts, tharges ~nd expenses inarr~ed or paid. top~ttwr with wch int~rut. sh~ll b~ Mcurd br tM li~n of thA ~ro~ 6. 1'Mt W in the wMt of ar?y breach of this Mwtgsye o? default on 1l+e psn of the MORTGAGOR, a(b) in ti+~ ~wnt a~y of ~aid surm of mon~y l+e~sin rekrc~d to be nof promptly and fully psid within thirty (30) days next sfta the same severally b~can~ du~ and psy~bl~, wNhout d~m~ed o~ notla, w W M th~ ewnt ~ad~ and every th~ stipulations, agreements, condition: and coven+nn of aid p.omissory not~ aod this mwtp+p~ any w~iMer an o01 iuly, prompNy and fvly pNformed, discharped. executed, effected, completed, compl'~ed with and abided by, th~n in ~itF~u w aM? wd~ ~wnt th~ s~id p~ p?sQat~ wm m~ntaned in ~aid promiuory note then remaining unpaid. with interest accrued, and ~II mon~ys Ntund. hu~by. .n.u b.ao~+. dw r,~d ar ~ abk fonhwith, a tiwreaha, ~t the option of said MORTGAGEE, +s fully and compktely u ii all of th~ s~id sunis of ewrny vwn orpinally ttipnil~Hd ~ to b~ psid on such day, anythinp tn satd prom~uory note or in ~his Mo•fgaye ro ~he con~rary notwitFatandinpt ~nel. tMrwpon a tMr~~R~r at fM op~ion of ; said MORTGAGEE, without no~~u w demsnd, suit at law o~ in equity, therefwe o~ tMrwfier bpw4 m+Y M proNCw~d a lf all marys savnd MnbY I had matund piwr fo iri imtitution. ! ~ • 7. ihat In tM wsnt that at tM Mginning of o? at any time pending sny wit upon this Matyy~, a to ~OriclaN h, ot to nfoan M, or fo ~nto?q payent~t of any d~ims Mreunds~. s~id N10RTGAGEE shall apply to the Couh hav~ng jurad~aion ~I,enof for tM appoint~?t of ~,A~iw4 wd+ Ca+rt sh~ll ~ ForthwMh appoim r nceiw. of sa~ mortpaged property all and singular, includ~ng sll and skgul~r tF~ k~oan~. profin. Istws ~nd'(~wnws fran wMt~wr ~ so~ru deriwd, ~ath at~d ewry wFi~th, it beirg expressly ~nderstood, is hereby mort~aged as if spKifitally sN forth uid d~wfb~d In thi prantieq and habendwn clav~es hereof, and wch Receiwr shs11 have all the bro+d snd effecrive funct~ons u+d powers in anywi~ entrua~d by ~ Cowt p a R~iwr, ~nd ! such appointment sh~tl be made by wch Cowt ss an ulmitted eq~iry and a m+tter of absolut~ ~ipht to wid MORTGAGEE. ~nd without nfKMa ro th~ ~dequsty ot in~d~qwey of th~ v+lue of the property mwtgaged or to the sonrency w insolvency of s~id MORTGAGOR w th~ d~f~ndan», and that s~th rents profits, tncam, iuues and nvenues shall b~ applied by such ReceivN +ccordinp to tiw li~n or puify of Nid MORTCsAGEE and th~ p?actia of wch Courf. 8. To duly. promptly u~d fuly pKform, d'ucha?ge, execvte. effect, complet~, comply with and ~Wd~ by NcF~ and ~wry Me stipulatioro, apnumnt~. conditiom and coven~nb in said promksory note and fhis mwtgage set forth. ' - ~ 9. Th~t in the rreM tM ownership of the mort9+9~ P~*^~. w uiy psrt the?eof, beooenes vest~d in • p~rwn olh~r tMn tFN MORTGAGOR, th~ ~ MORTGAGEE, ifs wcoesson and suip~, msy, without ratice to ~he MORTGAOR, deal with ~uch wocNSOr or ~+a~sso~ in irn~rat with nfKM+c~ ro thb mwtysy~ u~d the debt hereby sccvred in the same manner as with 1Nortgagw withovt in any way vit+atlrg or fiath~ryinp th~ Mortpapot~' IbMlity htr~ unde~ a upon the debt hereby secured. No sale of the p~emises hereby mortgaged end no fwb~awnc~ on the part of th~ MORIGAGEE a lri wootaon w~ssigm and no extension of the time for che payment of-the debt hereby secured given by the JNORTGAGEE w its suco~s~on a auipnb ah~ll op~rat~ ro r~leae, discMrp~, modify dwg~ or affect the original liability of the MORTGAGOR her~in, either in vylwb ot in put. 10. It b specifically ayreed that time is of the essence of this contract and that no w~lver of u~y oblipatron I~~w~der or of th~ oblip~tion sr cured Iwreby sMll at any tim~ tl~esfier be held ro be a waiver of the tem~s her~of or of the irutrum~nt secur~d Mrby. 11. In additan to the forogo:rg monthly psymeMS of princ'paI and interest required by the pra~i~uory eote secwed hereby, nattQpo~ oow~a+M~ and ~yracs to p~y to mortgagee with each monthiy payment an additionsl sum estirruted by mortgapee to b~ eqwl t0 1/12 of ths ~onual tost of th~ fdlow- _ . - A-All real property taxes kvied w asiessed agai~st the above described reil estate. . B-Premiurm on fi~e and windstwm insurance as herein requ~red to be tarried o~ the improvemenri sitwft on fhs ~bov~ d~stribid pr~nfiNt. C-Premiums on wth mortgsge guaranty ins~rance as mortgsgee shall (rom time to time deam fit to urty on fFw Iwn Ncur~d htnby. r Mo?tgagee ahall from time to time no~ify mortgagor in w.iting of the amount due arK! payabk hertundar and suth sum ahall tMrsupon b~ dw and - paysbls on the due date of the next monthly payment and each successive month thereafte~ until morigspee thsll rafify morfgagor of s thanp~ in aich emo~nt. S~d~ sums shall be applied by mortgsgee toward the payment of real property taxes, inwnnce prem~um~, and mortpaQs 9uu~My inwwna premiun~s. IN WITNE55 YVNEREOF, ths s+id MORTGAGOR has herevnto set his hsnd and seal th~ d~y and y~ar fint ~forn+id. ~ Siprnd, led and ddiwred in presence of: • h • ~ t ~ ~e.`ry rs..n ST/~? OF FLORIDA - - - Luc ie ~ 1'.. courmr oF St. f~,a,,,~,y Elf zabe th Tinney, a xidox . ~ z=a~., w~u k~own .~a wwv~n+ w m. w b. ths fnfiividwl/ d~wib~d in and who ~xewted the foregoirg instrwnent, and acknowledped befwe em that ~ ~aeouted ths san~ for tl~ purposes Mwrein ~xprNSd. Zo~Tf~ . ~ , WITNESS my h~nd snd official seal t~ I~ day of 'rul A. D. 19~ . ~ry Pvblit in a+d for tM StaN of Horida ~t la~ R~tvm Ta. •`,`~~,~a~tr.~~r~~t~,~, . My Commission ~xpirN: Flrst F~du~l S~vinp~ i t.oan Au«iation (G,E~ NMify ~1~. St~t! 01 Rotidi ~t ~MOf of F«~ PK.~. ~ • ~ • w~i ~j~~ 9~D . 9 3/~/9 ~wr v~.~.. F~«~d. ' c.>~ " y, ~ ' ~ ' ' ~ RECORO V RIFIEDta. ' ~ ~ ' ; s ~ ~ r : ' . - . J ~ J Mt , '.~",-.?i- C ' ~ . L . - Y:; - 3 ~ 10 . y8 . - ~ - , -,ti - ~ CIER~ S K CIRCUIT COURT { ~ ~K is7 ~ , ~ - ~ ~ - ~ j `s _ ~ F _ _ ',Z~}