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HomeMy WebLinkAbout0705 . ' ~ ~i ! _ ~ i To pl~a and coe?N~wousl~ kNp on th~ bulldinps now a Iwr~ahK wt~~N on Nid land ~nd m~II putpan~M ud pKSOnaIN oovw~l bY thi~ mor~ pb with ~11 pr~miww 1Mnon p~id in tul~ fin inw~~ou in ~M uw+l u~nda~d policy fann. . in ~ wn? ~pprowd bl? N» AAO~TGAGEE. N+d wL+d~ta~a Laur~ in tM awl a~~ndud PaK1? forni, in ~ wm ~pprowd by ~la MORTG~?GEE, in such aomP+"y w ownp~ni~ a tM MORTW?GEE msy dir~d~ w~d ~11 fir~ and w+nd~wn~ :n~ut~ea potic:e~ on any of said buildinp~, ~ryr ~t ~lwrNn a put IMr~of, in th~ apprpal~ wa~ ~fa~rq+id Or In. ~xoa~ d~~of, ~A+11 ca+uin ~M wwt stand~rd n+apa~ clww a a~ch wlw slws~ a 11M Al1or~9+~ ^~+Y n4~?in~, nMkM+p th~ 4oµ w~d~~ M~d poli~ cia. tach and .wy. v+Yab1. ro..id MORTGwGEE a in i~u.rest may app.r. .nd ach and •v.ry wd+ P~KY ~+U M v~~Ptty aaYpntd a~d d.liwr~d ro ~ny Mld by aid MORTG~IGEE a fvnhK sacwity to s~id mat9s~ debt, u~d, no1 leu th~n t~n (101 day~ In ~dvaeu of tM ~xpir~tion of ~+ch polity. w dt (ivK Ip uid MO(tTGAGEE r~nswal thKwf. lop~~Mr with • receipt for tht pnrt?iwn of t~rch r~walj and tl+Kt ah+ll b~ oo fin a windstam inwrana plapd on aey oi said buildups, ~ey inMrat tMr~in or~put rhereof, unt~u in tM fam ~nd with 1M loss paYabh u afonsetdj and ~n tM ~wnt any wn+ of moe~y beeonNS payibl~ widw wd~ poliey or poliews s+id MORTGAGEE shall Mw tM opt~on ro ~~uiw and ~pply tM sam~ on ~t of tM Ind~br~ ness s~cond hsr~bY a~ 1o petmit. wid MORTG~AGORS w reaiw and v~ b or ~ay part Meceof (o~ odie~ Pu?Pwa? without tha~by w+ivic~ o? bwWh` inp ~ny pvity. li~n o~ ripht unds~ or br vtNw of this mo?rp±9ss ~~d in tM ~wnt wid MORTGAGORS sMll fa ~ny r~awn f~il to keep tM s+id p«mii~s w iniuf~d. or f~il 1o d~liwr promptly ~Y of s.id po1'~es of inwr•nu ro ~.td MOrtTGIIGE~, w f~il pranptlr to pay fulty am pre~nlum tl~erefor a in a~y r~spact fail to p~rfwn~, dixharpt, aa~cvt~ ~ff,~ct, compl~ti.'comply whh u~d ~bid~ by this cov~n+nt, w anY.put Mrwf. s+id MORiGA~3EE ~suy p~+n +nd WY fa ~udi kau.anc~ or aoy pat iMttaf witAovt w~ivinp or aff~clinp aoy opYwe. ~i~n, iquity: a?ipM w+dK oi by virtw of tl+is Mortpp~. and tM full anavnt of .each and evsry wd~ p~ym.nt sh+H b~ herF~ediat~ly dw u~d payabl~ ~nd d?dl b~u tnter~t fran th~. dah thKwf w?NI pald ~t tM rat~ d ~ nin~ per cenfvm per annum and tc~ether with wch interesi ~ll bs iecwed by tM li~n of this mwtyaQi. To.pKmit, canmit or wffec no wut~, (mpsirmtnt w dtteriorstion of. said propsrty or ~ny pa~t 1Mrwf• S. .To Fay all and shgut~r tM cops. ch+r9ea +^d exPu+s~. j^dudinp ~ rtawn~W~ ~ttwney'~ h~ ~nd. oons of ~bmad~ of titM. inew~~d a Wid N any tims by said MORTCaAGEE, b~uv~e or io 1hs ~vent of th~ fiilun on tM pMt d tM taid MORTGAGOR to duly. pwmptly ~nd fu11Y M?fa?n~, di~tha~ execute. effect. comptete, comply with and ab:de by ~ach and ~very tM stipul~tio~a, ~pre~rknts. tonditioiu, and oown~nts of said promistoty not~ and thU mo.t~ e aeiy a ei~her. and said cw1~,. charpa ~nd ~xpentes, e~ch ~nd wsry, shall b~ imm~diat~ly dw and pay~bl~t wMtMr a not thK~ M notia dr ma~d, •nempt to cotlec~ a wit p~ndirgj and tM full ana~nt of each and ~wry wch p~ymMt alull bear int~»st kan tM dat~ ther~ot unNl p~id at tM rate oi nine per centum per arowms and all taid oosts, ch~r~ and exp~s itkvrr~d or paid. top~lMr with wch MtK~at. ~Iwll b~ wwt~d by tM li~n of Nw ~ j 6. llwt (a) in tM event of u~y breach of tha Matyep~ a d~favlt on tM put of tM AIIORT('sAGOR, ar (b) in th~ twM ~ny of said swm of naMy i her~ir? referred to bs not pranptly and fuly psid within thirty (30) d+yt next after the s+~n~ s~verdy b~can~ dw and pay~bb. withow d~mand w ~otia. w(~ tn ths ~vent e+ch aed every the sKpulations. agreem~nts, conditans and cove~anb of s~~d proe+asory nob and this morlpapt ~n1r a~iM~r an nol iu~Y. WomPty u~d fuly pe.fwmed, d~acharged, execured, ~ffecr~d, comPNted, aornd~ed with and abided tiy, tMn in ~itMr or u~y ~uch ~wnt tM uW a~ gregate wm mentio++ed in uid p?omisswy not~ the~ remainir~p w?paid. with inttrat acuwd, ~nd sll moMy~ sKVnd. hu~by. sh~ll b~ooen~ dw ~nd p~y~ able forthwith, or thereaher, at the option of ~aid MORTGAGEE, a tvlty ~ud compbrey ~i if all of tM ~aid wnr of rnorry vwr~ aiplnally ~tipvl~t~d to be pa~d on svch day, snythinp in said p?oni~ssory noro w in this Mortpspe to tM contrary ~otwithstandinpt ~nd thK~upon ar th~r~ahK at tM option of ~aid MORTGAGEE, without notic~ or demand, wit st law or in equity, ther~fon a tMr~afier b~rn. ~ar b~ praau+~~d at If dl morwl?~ ~au~~d I~u~bY had mawred pr~or to in inufi,ran. 7. Th~~ in tM went tl+~t at the beginni~g of w ~t ~~y tim~ pendi~+p sny wit upon thh Mwtpay~, a to lardow h, w to nfwm k, a to ~r?fo?a } payment of any daims he.eunder. said MORTGAGEE sh~ll apply to tM Go~rt havi~g jurisdidion thtnof fa tM appointnMnt of ~ R~c~ivK. wch Court shall fathwith appant s reotivei of sa' mortgaged property all and si~gular, includ~np all and sinpvl~? tM inaom~, profiri, bwa and nvlnw~ froen what~vN source derived, each and every o~which, it beirg ~xpressy unde~itood, is hereby mwtg~ged a if sp~cifiully set forth and dwsr~d M thi ~antinp ~nd habendum cbuses hereof, and wch Receiver sMll Mve all the bo+d snd efftctiw fvnct~oris ~nd pow~n In anywis~ ~nmrat~d by ~ Court p a Rtpiv~r, and such sppointment shall be msde by wch Gourt u an admitted eq~ity ~od a m~ttK of ~bsolus~ ripht fo wid MORTGAGE~, ~nd without nf~nne~ to tM adeq~xy w in~cleqwcy of the wlue of the property maty~ged w to the sohrency or insolventy of wid 11AORTCsAGOR w tM def~ndants, and thst such rent~, profits, income, iss~es and r~venues sF?all be applied by such Rec~iver sccordinp to th~ li~n w p~rlty of wid MORTGAGEE ~nd th~ pwttfa of wch ~ Court.. 8. To dufy. promPtly end fuly perform, disdurye, execute, effect, aa~plw~, comply with and ~bid~ by Nd~ :nd ~wry "tM stipulatioia„ prwnwet~, conditions snd coven+ots in said promissory note ~nd this mwtpspe set fath. ~ ' • 9. Th~t In ttie event the ownership of the mortg+ped premises. a aiy put Nkreof, beoomK wst~d in a p~rwn othn th~n tM 1NOItTGAGOR, tM MORTGAGEE, in successors ~nd suigro, msy, without notice to the MORTGAOR, deal with ~uch svcus~or a wa~wr in intae~t with nfa~na to thb mo.tga~e and the debt hereby secwed in tM same maro+er u wifh Nbrtgs~or without tn ~ny way vhiatieg or di~d?arptnp Nw Ahort~paa' I(~bility h~r~ unde+ w vpon the debt hereby-secwed. No sale of the premises hercby mortgsped ~nd oo fwb~ar~no~ on th~ p~rt of tM MORTGAGEE or I» ruoctuon a essg~n snd no extension of the time fw tl+e paymeot of the debt hereby secwed givM by tlw. MORTGAGEE w its sucanson or auigm, ahall op~wt~ _ ro releass, disch~r~e, modify chanpe a affect the wigi~sl liab~lity of the MORTGAGOR her~in, tither in wlwl~ or in part. ' - - t 10. tt is spec~fically agreed that twne is of the essence of this contract and tl?~t no waiwr of ~ny oblipation Mreunder or of th~ obllp~tion ~r cured hereby shall at sny time thereafter be held ro be a waiver of the term~ hereof o~ of the imtrum~M savnd Mrby. ~ ' 11. In add~tion to thr forego:ng monthly payments of princ ~a~ and interest required by th~ promiswry not~ s~cured hereby, monp+por oowna~ri ' and agrees to pay ro mortgagee with each monthly payment an additioosl sum estimated by mortpapee to h~e eqwl t0 1/14 of the annwl toat of tlt~ follow- ~ ing: A-All real propery taxes kvied w assessed against the above dex+ibed real estate. ~ B-Premiums on fire and windstwm irnwance as Fxrein requ~red fo be urried on tM improv~menls situat~ on tM ~bov~ destrib~d p?NnisM. C-Premiums on such mortgage gwranty insurar~ce as matgsgee thall from time to time deem fit to urry on fh~ loln secur~d h~r~by. S ~ Mortgagee shall from time to time notify mortgagw in writing of the smount due and pay~ble Mrwndar ~nd ~uch sum shall th~rwpon b~ dw ~nd payaWe on the due date of tF~e next monthly payment and eacF+ successive moroh thereaher until matpag~~ shsll notify mortps9or of • ch~np~ in such 4w amounr. Such wms shall be applied by mwtgagce toward the payment of rsal prop~Ay taxa, i~nnce premium~, and mortyap~ qwr~ntr 4~wr~nct ~ premiums. ~ IN WITNESS WHEREOF, the said MORTGAGOR has hcreunto set bis hand and seal the day y~sr ftrtf afw«ald. k ~ii~n , aled and liver n tM gesence of: ~ s _ ~ ~ ~ ; ~ a ''~--n ~n SiATE OF fLORIDA ~ _ ~ St. Lucis ; courmr oF Befae me perwnally appesred Aaren C. Beml~rv .,,d ~nn S ~ Bembrv his wife, to rm well krawn and known ro me io ` the individuab desuibed in ~nd who executed the foreparg instrwmnt, and ~cknowledped b~fon m~ that th~y ez~a?ted tF~e sam~ fw the pwpoaa i rher~in exp~es~.a. /1nd th. sa~d Allri S~ Bembl'~? i w~fe of tFw said Aaron ~'i • BAlribl,'~ - opon a sepaate and p~vat~ ~ examinstan by me tsken sepirate +nd apan from her said husband, ~ckrwMrledged to aod befor~ me that shs exewted uid irotrume~t fnely and voluo- tarily ~nd without any compubion, cwntraint, apprehN+sion, or fear of or from her said iwisband. WITNE55 my h~nd snd official seal thi~ 7~1 ~ day of A. D. 19~ Notary Publk in and for th~ Statt of Horida at tsr~ ~ MY Commission u~pins: . Retum To: ' " Notacy Pub1~t. S::.t~ ~i Wr.r:aa et latge firat Federa) Ssvings 6 losn /lssociation Of Fort P~~.ce. My Commission fxpires No~. 3, 1469 RE~pR~E~ w~a.a 6. ~,e..K., rw. a c,.~n,co. r~.r r~N~e. ~~ip A~ C~UNTY. FLA' ,ti. ;j ST. LF ~ORp VER~FIE~ . . R ~ , • . n • • ~ ~ 03 • - ~ ~ -a - ~y pM - ~ = , - '61 B~S,~ . ~ .i.5 ~ r.: o~a.~ ~ : ~ ~ ~LE~K C1R~V~T C ' ~ ~ " - ~ ~ a~K~67 P~~ .703 ~~~'F ~ ` - - r ~ - ~ _ ~ . - .m~ _ ~~:s ~