HomeMy WebLinkAbout2099 3. To plac~ a~d ca+tinuously k~ep on ~he bui:d~~gs now a l+~~~after urwt~ on said Isnd s~d on ~il equipn~el u~d qna?a~hr covKrd b1? Mb ^wrq'
age, with ~tl premiums thereon pa~d in full, fire insurance in ~M ususl standud policy form, in a swn app~ov~d by tM MORTGAGEE. M+d wind?fam
~nsur~nce in tM uswl ~ta~dasd poficy fam, in s sum approved by tM MORTGAGEE, In wch tanp~~y or eomWni~t as Nw MORTGAGfE ewy
d~recr, and all fir~ ~nd windstorm insur+nce pot~c~es on ~ny of SLifI bVildinQf, My 111MfNf tAOf~lf1 Of pi11 tI1NWf. M th~ apy~epat~ swn afaa+W a
In excess therwf, sAall contain the usval atandard mor~gagee clause o~ s~~ch othK clau~e u tM Mor~a~+~ rin~y rpuw. makL+p tM Iess u^dM s+id PdE
c~es, e~ch uxl ~very. paYab~s ro said MORTGAGEE +s its interei~ may ~ppe+r. and e+ch and ~very tvth polity ihall b~ pramPth assq^~d +^d d~liwnd ro
any held by said MORiGAGEE ~s furt!xr sec~rity to said mortgage debt, ~nd, nW I~ss tl»n ten (10) daya in +dv+nc~ of th~ ~splration of ~ach policy. ro dr
I~ver to ~aid MORTGAGEE • renewal thereof, IogetMr with a receipt fw the prsmium of such r~n~wal: +nd thsr~ slwll b~ no fa~ or wi~dt~wm G+fw~na
placed on ~ny of said buildi~gs, sny interesl therein w psrt thereof. unless in ~M fo~m and with tM loas p~yabl~ a aiwtsaidt +~d ~ tM ~v~nf any wm
of monsy becomes p~yable under such policy or polKies said MORTGAGEE shall haw tFw option fo nc~iv~ u~d apply th~ s+m~ o+~ +caa+M ol th~ k~d~bt~d
ness secured M~eby or b permit said AAORTGAGORS ro receive snd uss it p any pa~t thereof fw other pu~posaa. withouf thereb/ waivin~ w u+?pa~•
ing any eq~~ty, li~n o~ right uoder or by virtue of this mor:qa9e; and in ~he ~vent s~id MORTGAGORS shall fa ~y nawn fail ro keep tM s+id pnm~s~s so
~nsured, a f~il ro deliva promptly any of uid policies of insuranca 1o said MORTGAGEE, « t~~~ ao~ry w Pay wib +ny p..n?iwn rh.r•fu+ or i~ +^r
respect fail ro pafwm, discharge, execute, effect, complete, comply wi~h u~d abide by this covenant, w any put M~wf, ssid MORTGIIGEE m~y pl~ ~nd
pay for tuch inwrance w any put the~eof without waivinp or affedin~ any op~an, li~n, puity, o? ripht ~ndK a by virtut of this Mwt9ay~. a~d tM i
f~11 amouM of each and every s~ch payment sh~ll be immediately dut ~nd p+yable ~od shall beu int~+est from tM dat~ tFa~eof vntil p~id ~t th~ r~t~ ol
nin2 per centum per annum and together with such interest shall be secu~ed by 1M IiM of this mortya~e. ~
1. To permit, canmit ot suffer no waste. impairment or deteriwd'an of said property or any put thenof.
S. To p+y all and sing~lu the costs, charges snd expenses, including ~ reasonsbk attorney's f~e u~d tot» of ~bstratri of titl~, incutnd or p~1d al
ar,~ rime by said JNORTGAGEE, because or in the eveM of the failure ot~ the patt of ths s+id MORTGAGOR b duly, promptly u~d fi?Ily pKforn4 dbth~r~
:xecure, effed, complete, comply with and ab;de by each ~nd every the itiputations, ~greemen», ca+ditions, •nd oown+nn of ~aid promiuo~y noh s~+d fhu
r~rtgage any O~ either, and said cosn, charges and expenses, each ~nd every, sh~ll b~ immediately due and p~y+bl~t whetha w not tlwr~ b~ notip d~
mand, anempt to cotkct w suit pend~ng; and the full ame~nt of each and every wch payrr~t shall bear int~t fran ths date tM?wf w?til p~id at tM
rare of nine per tentum per aru~um; and all said msts, charges and expenses i~turred w paid. toge~her wilh tuth intu~tl. sh+~~ b~ s~wnd by th~ li~n of tha
mortgaye.
6. Th~t (a) in the event of any b~each of this Mwtgage w defauh on the part of the MORTCaAGOR, or (b) in tM ~wnf u~y of Nid ~wnt of morny
herein referred to be not promptly antl fully paid within thirty (30) days ~ext after Ihe same severally batonN du! +nd p~yablt. w~thout d~m~nd w notiu~
or (c) in the event ~ach and every the stipulations, agreernents, conditions and coverunn of s~id promissory nofe and this maf~+p~ a~Y o~ Hthet +n nol
i~fy, promptly s~d fully performed. d~scharged, execvted, effected, completed. complied with snd abided oy. tMn in ~itMr ot any s~d~ ~wnt tM s~id a¢
gregate wm memioned in said promissory rate then remaining unpaid, with intaest acuued. ~nd all moMys Mcund. hareby. ahall b~tort~ dw ~od pap
eble fwthwith, a thereafter, at tAe option of said MORTGAOEE, as fully and tampletely a~ if •11 of the aid tun~s of mor»y vwrt aipin~lly stipulattd
fo be paid on such day, anything in sald promiuory note or in this Mortgage to ihe contr~ry notwithst+ndinp; aed thKwpon ot 1h~r~+hK al tM option Of
sa~d MORTGAGEE, without notice w demand, suit at law or in equity, thcretore or tMre~fter be9un, nwy b~ proNtut~d a if sll m~ys Neur~d MnbY
had matu~ed pnor fo its institution.
7. TMt in the event that af the begi~ning of or at any time pendi~g any wit vpo~ tl~is Morty~, o~ 1o fo?~tlw~ H. o~ fo ?~fonn lt. w to ~nforC~
Payrr,ent of any cla~ms hereunder, saed MORiGAGEE si,all apply to the Court having jwisdician thenof fw th~ ~ppoinh*~nt of ~ R~ctivK, weh Ca+n fhall
fcrrhwith appoint a receivea of sai~ mortgaged p?operty all and singular, includ~ng all and sin~ul~r tF+~ ir~oan~, profln, issw~ ~nd nwnues from what~v~r
source derived, each and every of which, it being expressly understood, ~s hereby malg~ged u if specifiwlly kt fath and d~wib~d In thi prantlnp ~nd ~
habendum ctauses FKreof, and such Receiver shall have aU the broad and eftective iunct~ons ~nd powen in ~nywis~ ~r?nvst~d by a Cowf tp ~ R~ceivu, ~nd ~
s~ch appointmenf shall be made by suth Court as an admitted equity and a rt+attet of sbsolute riyht to s~id MORTGAGEE, ~nd withouf rtfN~nq t0 fh~ ~
edequacy or inadequacy of the vslue of the property mortgaged or to the solve~cy w insolv~nty of a~id MORTGAGOR Or fhe d~fetKlanta, and tlut such .
re~rs, proiits, income, issues and revenues shall be app{ied by such Receiver accordinp to the lien a ~quiry of iaid MORTGAGEE and th~ ptaetio~ of tuth
Courf.
8. To duly, p?omptly and fvlly perform, discharge, execute, effect, complete, canply with and abid~ by wch u+d ~very tM ~fiEwtations, aprNn»nb,
conditions and covenaMS in said promissory note and this mortgage set forth. '
9. That in the event the ownership of the mortgaged premises, or any p~rt the~eof, betanes wsf~d io • pKwn otlNr fha11 th~ MORTGAGOR. th~
h~.ORTGAGEE, in successors and au~gns, may, ~irhout norice to the MORTGAOR, dcal with such succ~s~or a wxassa in intae~t with r~ferMa to thu
n,o,tgage a~d the debt hereby secured in the ume manner as with Mortgaga without in any way vitiatkg or diuhar~inp tM Mwtq~pors' liabilify Irr~-
u~der w upon the debt hereby secured. No sale of the Rremises hereby mortgaged ~nd no fabearanos on the put of the MORTGAGEE or its ~uttessws
o~ ass~g~s and no extension of rhe ~ime fo. rhe paymenr of the debf hereby secv.ed ~iven by tl+~ MORTGAGEE or ifs sucasfors a assipM, ~hal1 op~rat~ ~
to release, discharge, modify change w affect the original liability of the MORTGAG6R here'uy either in whol~ or in put. ~
10. It is spec~fically agreed that time is of the essence of this contract and th~t no w~iver of any oblipat'an Mreunder or of tl» oblip~tion N- f
c~red hereby shall at ~ny time thercafrer be held ro be a waiver of the terms hereof a of the iratrument s~cw~d haby. #
11. In add~tio~ to the forego:ng monrhly paymams of princ'pal and interest required by the promissory note sec~xed hereby. mortya~or townanb j
a~d agrees to pay to mortgagee with each monthly payment an addirionsl sum estimated by mortgapee to be eqwl q 1~12 of fhe aruwd tost of fM follow- ;
!ng }
A-All real property taxes levied or assessed against the above deuribed resl estate. !
~f B-Premiums on fire and windstorm insurar.ce as herein requ;red to be carried on the improveme~n situat~ on tM abov~ dewibd pr~enit~s. ~
~ C-Premi~ms on such mortgage guaranty inswance as mortgagee shall from t~me to time deem fif to urry on fh~ ban setvred h~reby. '
Mortgagee shall from time to time notify mortgagor i~ writing of the amount due and paysble hMeunder ~nd suth wm shall iherwpofl b~ du! ~nd
E Fayable on the due date of the next monthly paymeM and each successive month thereafter until morfgsgee shall notify mwfgagor of • dwny~ in suth
t ~>:ount. Such s~ms sF.all be applied by mortgagee toward the payment of real property faxes, insurance prem:wos, and mortpspe ywranty inwranu
~ p~emiums.
IN WITNESS WHEREOF, the sa~d MORTGAGOR has hereunto set his hand and•seal the day a ye~r f af~id.`aGC~
ned, Sea and d' ed in the presence of:
n
Est er as er, a w ow,~~
- n..n .
i
~ i ATE OF fLORIDA~ ~
55.
COUNTY OF S~. T.UC1B I
Before me perwnsliy appeared E,,e th w r F' Qh w r A tli O V~ .awd-
~i~ wife, to me well known ~+d known to rta to b~
rhe individwly desdibed in and who e:ecuted the fwegoing instrument, and acknowledged befwe me that ~M~r executed the same for ths purposea
rhe•ein expressed. Ai~-ibelei~
:Ea- 9F -tM ~s~id- -~p~ ~ ~e}a~a~a'~i' MirM~
a..a ~w~wa+aw ~r w.~ MI.e~? ~epa.e~e~~d-apsr~-fro~, ~e?-said-Fn,sber~d.-~ek++o~Aedge~to a++d-tieforc metfiat shs execoted~ ss~d instrort~+rfisdT and ?oknt
~r~~ f and.yrithout~Y-cmaP~+laion.-wrstiraint? iPPr~bcwsi~y~•f~a? ~f-w ~inrirMers~ii iN~wdr - .
WITNESS my hand and official seal this day of A. D. 19~~
Notary Publ' in for the StaM of Horida ~t t~rye
_ My Comro' ion expires:
Retvm To: '
Firsf Federal Savings 3 loan Aisociation . ~;~!e of Florida at t~9~
Of Fwt Plerce. A ::,•.f~~~. ~ .(p~T.siS:G~~Lxi~i::-~ A~:~. 6 1971
. f011 PI!(C!. F~W1da ~ ,i, •I k~d~dt/Amc.K~r.i:ra6Cµ+~~Y~31
FIl.EO AND RECOrRr DED ~ ; ~ ° ~ ~ -
ST. WCIE COUN . F~.A• z,~ ! ~ _ -
R~CORD V~R1f1E0 ^ :
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e ;
~6i AUG I 1 PM 2 : 59 - . ~ : ~ ~ - ` ~
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`r./~F./ ~ ~ ~ ~ :1 ~ N ~ f
t:OJE.~ % ~~TR'~S ~
; CLERK CIRCUI7 COURT 0 R " *~r ~ q~
' ~ ~~Oft 1~ I ~A(,~ti~~ ` Q~
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