HomeMy WebLinkAbout0201 To pi+a and oontimrousl~r ks~p on ~l+~ b~,iidtrgs now a Fwre~frK wtuaa on uW I~nd ~u+d on all puipmnt ~nd pKSOnalh oownd bY this ^p'p' •
p~. with al) pr~miw~u tMrwn p+~d i~ fvll, fire iniuranc~ i~ ~h~ ~wal standa~d policy form. in •~wn ~pptowd bY tM MORiG/1GEE. ~+d wind~torm
~niuranc~ M tM uswl p~ndard policy (am, in • sum apFuov~d by :!r_ MORTGAGEE, in wcA comp+nY or eanP+~+i~s a 1M MORTGA~iEE nNy
~~renj ~nd ~11 fin ar?J wind~ronn ie?~w~ea polkbs on ~+y of Hid EViWi~ YIy if1N?pt flMtfin Of piff fI1N~Of, in th~ ~rp~~~ wen afaa~ld or
~n ~:c~a 1Mnof, sMll ca?tain tM uswl stsndard mor~gagN claus~ or such aha dws~ a tM M«t9~ m~Y rpuu~. n++kin0 tM loss wKl~r ~+id po~b
ci~s, esch ~nd ~wry. p~Yabl~ b s~id MORTGAGEE u its interes~ m+y ~ppta?. and ~ach +nd ~ve.~? sah Po~rc~r ~h+ll b~ promPrN us:ynad +^d d~1ivK~d a
any Mld by ssid MORTGAGEE u fwth~ security to s+id mwtpa~e d~bt. +nd, not ~ess th~n t~n (10) d~ys in +dvano~ of th~ ~xpiration of tach po~itl?. to d~
liver to wW MORTGAGEE ~ nMw+l tMr~of, tope~he? with a rece~pt fw tM pnmi~ of wd+ nntwslt and th~n shall b~ oo fin a windsrorm iruwsna
pl~ced on ~ny of s~W bvitdinp~. ~ny intaest tMre~n or part ther~of, ~nkss in tM fo?m ~nd with tM bss p~y~bM a~ ~fcv~sNd~ u~d in tM ~vw?t a~ wm
af nwnhr becon~a p~y+We vr~ wch polky or poiki~s s+id MORTGAGEE sh+ll hiw rh~ option ro noeiw ~nd ~pply the ~ on +ccowN of tM ind~bt~ ~
neu wcw~d lwr+~r a a pKmit said MORTGAGORS to receiw and use N a a~y put thtreof for othe~ pwpo~w without thsreb~ waiving a imp~ir-
inp ~ny ~q~rity. tiM a~ riyht w+de+ w bp virtw of this mortpays; snd in tM ~wnt wid MORTGAGORS shall fa ~ny nason fail to k~p tM ~aid ptuniHS w
insured. a fsil b delive~ pramptly sny of said polKies of inwrancs ro said MORTGAGEE, t~~i Pro~?rb w wr ~~N +~?Y P~~+^ium tMnfor or in aey
re.pect fail b pKfwn~, diiclwpe. ~x~cvt~ tffect, complete, eomply wirh ud ~~id~ by this oown+~. o~ +eY P+n M+~of, s+~d 1~10RiGAGEE nuy p~+o~ +nd
par fw wd~ hawanc~ or any p+rt thereof without waivinp w affectinp ~nY option, INn, eqviry. a ripM undN a by virtw of tl+is MoH~+p~. +ed tM
full anw~rnt of ~ad? and ~wry wch payrtient si?all be immedi~tely dw ~nd payabb and shsll bw G?teresl ~*on+ 1!N d+b iheraof until paid ~t tM ah of
nine pet pnwm psr anwm ~nd together with suth interest shalt be secv~ed by tlw lien of tNs nwrt9ap~. '
1. To p~rmit, oon~nit or wff~ no wast~, imP+irmeot w deraiwation of aid properry or any put tlKr~of. .
5. To pay all ~nd siegula th~ cats. d~eryes snd expeoses, includinp ~ re~sa++ble ~ttorney'~ fN ud oo•n of .bstraen of Nrl•. k~cwr~d or p+1d at
any tim~ by said 1NORTGAGEE, b~c~us~ w io the ~vent of the failure on tM part of th~ ssid MORTGAGOR w dub. promp/b M+d fuUY P~~
execute, eff~ct. oompl~». aomplY with and ~b~de by each aod every the stipvla~ions, apr~smenn, conditwes. ~nd oownanb of s+id pranissorY noq and thit
mwrgapu sny o? ~i~ha. and sad cos», cMr~es aed expenses. cach +nd every, sh+ll b~ inrnediatey dw a+d payaW~s wMrMr a not tMr~ b~ not'w~ d? ,
mand, attempt to tdlatt ot wit p~~npt and the full amount of each and ev~ry wth p~yme~t shsll bear int~tqt ftan tM dat~ tlwcof undl pald N th~
rate of nin~ ps~ c~?tum per ~mxm+t u~d ~II said cosn, charg~s aad expenses iexwred o~ paid. togNha with wch intenal, ~hall b~ s~air~d by tM li~n of Hw
mortys~. ;
6. 1'haf in the ewnt of ~ny br~ad~ of this Mortgage or default on the part of the NIORTGAGOR, w(b) ~ tM ~wwl ~ny ot s+id wms of nwn~y ;
herein rehrr~d to bs o01 promplly and fvlly p~id within thirTy (30) days next after the same severaly b~c«n~ dw u~d pay~bt~, withow dem~nd a^etiu• _ ~
or (c) in tM ~wM ~ad~ sed every ths itipulations, ~greements, conditio~s and coven~~b of aid pran~uwy not~ and this rtart~~p~ an11 0~ ~itMx ~n no1 ~
iu?y, promptly ~nd futly perfwmed. d~scharged, executed, effened, compkred, compl~ed w~rh and ab'~dad by~ tIM11 i11 ~i1I1lf Ot My WCII ~Wf1f fIM Mid ~
gregats wm mention~d in Wid {xomiuory nole thea remaining unpaid, with interest stuved, and ~II moneys Mcw~d.INnby. ~11 b~OOiM dw ~nd p~y~ ~
able forthwith, or thereaR~r, at the optan of said MORTGAGEE, as f~lly ~nd completely u if ~II of tM s~id swes of nwt»y vwn aqtn~ly ttipuutsd ~
to bs paid oo wth daY. u?ythirg in sa~d pran'isso?Y note or in this Mortpa9e to the contrary ratwithstu~dinpt +nd fh~nupa~ a iMn~ha ~t tM option of
•e~d lNORTGAGEE. without notia or dem+nd, suit at Isw or in equity. therefare or thereah~r bpun, ~aY bt PraKw»d as If dl manyt Mcund h~reby
had maturtd priot fo iri i~qtitution. ~
7. That in tl+~ went that at the beg~neing of « at any t~me pend~ny sny tuit upon thq Morfpp~, a to ior~doN M, w to nfonn M, w to ~nfao~ ~
pnymeM Of a~ryr dixns here~rnder, s+id MORTGAGEE shall epply to the Court having jurisdictan therw~ for tM ~ppointm~nt of ~ R~iver. suth Cuwt ~II
forthwith sppoint s nceiver of si mortgaged property all and singular, ioclud~ng all and iu+gvlu tM incan~, profits, iuws u~d rtv~nws fran wlNt~vN
wurct dained, sach u~d every o~wii~ch, it being eacpressty understc+od, is hereby matgaged +s if ap~cifically sH forth ~nd d~w(b~d In fhi ~r~ntinp and
hab~ndvm clavses hereof, a~d s~th Receivsr shsll have all the bro~d and effective funct~ons ~nd powen in ~nywis~ ~ntnnud b~? ~ Cowt tp ~ R~u1wr. ~^d
~uch sppointment shall be made by wth Court as an sdmitted equity and s matter of absolut~ ripAt ro wid MORTGAGEE, ~nd wirlavl n~~nna a th~
adequscy a in~Jpwcy of ths v~lw of the property mortgaged or to the soNerxy w insolwncy of said MORTGAGOR or tM d~fMd~nts, and th~f weh
renrs, profits, income, asves and revenues shall be applied by s~ch ReceivN sccordinp to tl+~ li~n or puity of wid MORTGAGEE ~nd 1!N practia of wch
Court.
8. To duly. p«~Pry a~,d tu~h Pe.fo.m, d'~sc~roe, execute. eifect, eor~lete. cas~plY with ~nd ~Wd~ by wch and w~y th~ stlpul~tioea. pr~mnt~.
cond;tioro and oovsn~na in ~aid promltsory note and this martgage set forth. ' ~
9. ?hat in th~ want the orvnenhip of ti+e mortga~ed premises. a any p~rt tF~ereof, Mao~na wlfd in a pKSOn bNrr tMn tFN INORTGAGOR, fh~
MORTGAGEE, hs svaessors u?d auigns, msy, without ~otice ro the MORTGApR, dcal wi~h such wa,~ssor• ar_~+oe~aa'in int~t aith nf~rMa ro thb
mortgpe and the deb/ hereby secwed in the s+me rtwnne? ss with Mwtgagor without in any way viY~atinp a tt'ittll~tyi~p th~ 1Mo?tppors' Ii~blliry h~~
under w vpon_ N+~ dtbt hereby setured. No sale of the premises hereby mortgsged and ra io?bNt~np on tM pu1 of tM MOR?GAGEE or IM wooea~on
or assig~ u+d no extension of the time for the psymem of the debt hereby secwed yive~ by the MORTGAGEE or its sucqswn or a~sipes, ~+~I op~?~b
to releue, dixMrpe, modify chsnge or affect the wiglnal liability of the MORTGAGOR hersin, either in whob o~ in part.
10. It is specifically agreed th~t time is of the esscnce of this contrsct and tMt no waiwr of ~ny oblip~tan Mtwnekr or of th~ oblip~tion N~
cured hsnby sMll at any time thereaher be heW to be a wairer of the terms hereof w of th~ instrwneet sscw~d FNrby. ~
11. In add~tan to the forego:ng monthly payments of princ'pal and imerest required by the pran~s~wy note wcvred l?ereby, mortp~por aovMamt
and agreet fo p~y to morfgagee with each monthly payment an addirional sum estimated by matgapee fo b~ pwl f0 1~12 of fFa annwl cOSt of tIN fOllOw- ~
A-All real progsrty taxes kvied w assessed agai~st the above described real estate.
'n9. ~
B-Premiums on fire and windstam imu~ante as herein requ~red to be carried on the improv~menb situaf~ on th~ ~bav~ dewibed prM~iN~.
C-Premiums on such mortgage guaranty insurance as mo~tgagee shall from t;me to tune deem fit fo urry on tlw loan Ncw~d her~by. t
~ Mortg~gee shall from time to time notify mortgagor in writing of the amount due and payable he~eunder and suth sum sMll therwporl b~ dw ~nd
p payable on tl+e due date of the next monthly payment and each successive momh thereafter until mortpspee ~hall nofify matgs9or of • ch~np~ in such
amounr. Such sums thall be spplied by morrgsgee toward the Raymem of real properry tsxes, insvrance prem:wn~. ~nd ino?tp+pe pwr+My ira~+nnc~
premiums. •
IN WITNE55 VYHEREOF, the ssid MORTGAGOR has hereunto xt his hand and seal tM d~y ~+?d year fint afaaaid.
1pMd S~a a d ed in the preserKe of:
n
~ ~
n
STATE OF fLORIDA -
COUNTY OF St'i • IAlC~.@ } ~ - ~
eef«e me ~w~~ a~ea~d JOhIl W• M8I~9h811 _ ~ ~
Dai sy Meraha ,,,,~{e, w,,,~ ,~,e~~ ke~owe~ .na kr+own ~o ~o b.
rhe lndividwb d~scribed in and who executed the fwegoinp instrument, and acknowledped before rtr th~t they exearted th~ s+rtN for th~ PurPo~e!
,h~ro;n exP,e„~d, ,~,d ,,,T. ,,y;,d Daisy Y. Marshall
wife Of t~l! fi~ u~~a Marshall - i ilEli/i1~ MI~ (ff~~~
examinaYan by me takan sep~nte and apaA from her ssid husband, stknowledged to and befors rrw thsf sh~ exeMed ssid irotnirn~nf fre~ly and volvn-
tnrily s~d withovl any compulsan, constraint, appreh n~ir~,-or fesr of w from her ~id husb~r~d~ 6? ,
~ 1VITNESS my h~nd and official seal this ~ K~ day of J~•y A. D. 19 ~
i
Notary k in and for tM Stat~ of Ftorida at Lar~ ~
My ission u~pins:
Ratum Ta ' ' '
Fi?sr feda.l Savirygs a lo,n As.ocisran Notery PvDtc. ~N ef Aoilde st l.arge f
Of Forf P7erte. . i My ~o Expir~s Au~. 6, 1067, ~
Fo?t Piace. Flbrida ' . ~ . • • • , j•, , 80~~uC~f'1~1 ~~QEO - Y. ~
. - ~ . r: - RE UNTy ~ /
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- s: C~R~ V~RIFIED~.
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=r•. c'' 1 P~ 3% 51
f(,; ~ ho JS~'32 - ,~ry~ ,
,.<<:;: CLERK CIRCU~~7RqS I~'
r COURT i
{ . a~K 167 199 ~
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