HomeMy WebLinkAbout2758 ~
To plac~ ~nd continvously keep on ths bui~dinqs oow or Mr~after sitvat~ on said land u~d on dl puiqmM ~nd pNSOn~ib e~~d by ~1~h n~aq'
sq~, with sll premiums tMreon paid in fvll, tire in~urante in ~F+e vsval ~tandard policy totnl, in ~ ~wn approwd by th~ MORTGAGEE. M~d wi~ra~?
insurant~ in tM uswl ataodard pol~q fwm, in a tum ~pproved by tM MORTGAGEE, M suth ton?p~nY or ooMp~ni« a~ M~O~TGAGEE ^My
d~rect; u~d sll ti~e ~nd windstorm i~suranc~ polic;es on ~ey of said buildinps, any in~~st thK~in w pWt ttwwf, {n ~M apprpN~ we+ ~for~s+id a
in excea Il+Kwf, ~MII contain the usval ifand~~d morrgagee cl~vu « wch otAa clws~ u tM Mwtya~ n++Y ~M~~
ues, eath and ~v~ryr. paY~bis to said MORTGAGEE as its interest enay tpp~ar. and t~ch and ~very s~ch poliq ~hall b~ prwnpth/ as~~yMd Md d~llw~~d to
sny F?eld by said MORTGAGEE ~s furthe~ security ~o iaid mortpase debt, snd, f10f Ifii IMfI iM (lO~ ~NS °f tIN fXPifiliOfl OI lKI1 PO~KY~ ~o d?
I~ver to said MORTGAGEE s reoewsl thcreof, ~opa~F?er wi~h a rece~pt fo. ~he pr~miwn ol svch ~enew+lr e~d tFw~ ah+~~ b~ ^o fin o~ winds!am Irourann
ptaced on any of s+id buitdirgs. any inte.est the~e~n a part the~eof, unleu in tM form a~d with tM loss paysbN as afons+idj ud in tM ~wM u?y wn+
oi m~y becams payaWe under iuch poticy a policies said MORTGAGEE shall haw the opYan to nc~ivs and applr tM s~mt on +aou~t of 1At M~bt~d'
neu secured h~reby or ro permi~ said MORTGAGURS td ~ecciw and uss N w any part thereof ta other pwposes, wiMwut thaeb~ waivinp a imp~M-
~ng any ep~ity, lien or right ~rKkr a by virtw of this mo:sys~~; and in ths ~vent s~id MORTGAGORS sh+ll fa a~y nsson fail ta ka~p th~ saW pnmises so
~nsured. o~ fail to d~live~ prompdy ~ny of said policies of inwranc~ ~o ssid MORTGAGEE. or fail promptly to pay fully ~ny pnmiwn tMnfor a in aoy
respect fail ro ptrfwm, distl?uge, rxecuts, sffect, cwnplete, comply with a~+d abidt by Nds oovenuU. w u+Y P++t hK~of, s+~d MORTGAGEE m~y p~+c~ +nd
paY fw such irouranc~ or ~ny put lhereof without waiviny a ~ffectinp ~~y option, liab pvity, ot ripht u~?d~r ar by virtw of thls Mortp+p~. +nd tM
f~11 amo~nt of each and every wch p+yment sh~ll be immediately dw and p+yabb and sh+ll b~a~ inter~st fran N+~ dtt~ tiisrwf untll paid ~t tM raN ol
nine per centum pe~ ~nnum and togethe~ with such interest shall be setuted by tM lien of this mwtyap~.
1. To pxmit, commit or wffer no wute, iropairrrKnt or deterioratan of said proparty a a~y puf 11~enof.
5. To p~y ~II u~d singutu tM costs, charges +~d expenies, including a rea~onsble ~ttwney's fee snd oosf~ of ~batr~tts of Ntl~, k~cwnd a p+W ~t
n~y time by said MORiGAGEE, becavu w in the even~ of the failure on the part of tM uid MORTGAGOR b duN, prompt~l? and fvUY P~fan1, d's~+~9R
executs, effec~, complet~, r.omply with and ab:de by each snd every the itipulatio~s, agreemenn, conditions, u+d aown+nn of said praniswry nob and d+i~
mortgsye aey w eitha. and sald cosn, charges and axpenxs, ~ach ~nd wery. ah+ll b~ inrnedist~ly due ~nd p~yabl~i wMtht? or not th~r~ b~ notio~ d~
mand, attempt ro colbct or suit pend~ng; and tM full amovnt of esch +nd everY such paym~nt shall besr intK~st fran tM d~t~ tMr~of until p~td N fh~
~ate of nine per centum per an~wm; a~d all said tosri. cMrges and ezpenses incurted or p+id, tog~ther with suth Int~r~at. sMll b~ Nwr~d by th~ IiM of thi~
mortysyf. -
b. That (a) in the event of any breach of this Mortgape or default on tM part of the MORTGAGOR, a(b) i~ th~ w~nt ~nY of faid tuT~ of ~oM1?
herein referted to be not pramptly and fully paid witAin thirty (30) days ~ext after the same severally bKan~ dw ~~d WYabb, without dNn~nd O~ nOtiOf.
or (c) in the event each ~nd every the stipulations, sgreements, conditions and coven~nq of s~~d promistwy note and Mis mo~tpap~ ~Y a Ntha m no1
iuly, promptly ~nd fully perfwmed, d~xharged, executed. effected. compkted, complied with and ~bided by, thM in ~ithM at an1? wch ~wnt tM s~~d ~P
gregate wm mentioned in said promissory note then remaining unpaid. with interest sccrued. and all mo~+eyt Ncvnd. Mrsby. sMll b~aonN dw and p~y~
able forthwith, w thereafter, at ~he opr~on oi sa~d MORiGAGEE, u fuly and compktely as if ~II of the s+id sw~s of momy vwn oripintlly ~tipulat~d
to be paid on such day. anythirg in sa:d prom~ssory oote w in this Matgage to the tontrary notwithst~ndinp: and tFw~wpa+ a tlw~sRK ~t tM oP~ia+ of
~e~d MORTGAGEE, without notice w demand, suit at law w in eq~ity, the~efwe w flweahK bepwl, ~+r b~ proMwt~d ~s if a~~ morNY~ Ndu~d Iw~by
had matured p?iot to its institution.
7. That in the event that at the begi~ning of a at any tim~ pending iny wit ~pon this Mortpaye, o~ to 1or~tloN h, or fo nfo~an H, or b~nfwq
payment of any claims !?ereunder, said MORTGAGEE shsll apply to the Ca?A h~ving jurisdictan ther~of fw tM appantrtNnt of ~ RKtivM. wch CouA sFN~~
forihwith ~ppoint a receive? of saijl mortgaged prope~ty all and sirgut~r, includ~ng all snd singular t!?~ ioo0m~, profits, isswt ~nd ?wMUM frpn wlf~tWN
source derived, each and every of whKh, it being expressly unders~ood, is hereby mortgaged u if spetifiully ~ef forth ~nd dNCriMd ln thi ~r~ntinp and
habendum clauses hereof, and such Receiver shall have all the broad and•effective fund~an and powers in anywise Mfrust~d by a Court fp a R~otivM, u+d ;
svch appointmcnt shall be made by such COurt as an admitted equity snd e matta of ~bsdute ri9ht to s+id MORTCsAGEE, N~d without nfersnc~ to th~
adequacy w inadequacy of the value of the property mutgaged w to the aotvency or insolvency of said MORTGAGOR a fM d~f~ndanta, and tMt wd~
re~+s, profin, income, issues and revenues shall be applied by such Receiver accordiny to tht 1'itn or eqvity of Mid MORTGAGEE and IM pracfit~ of wch
Court.
8. To d~ly, promptly and fully perform, dixharge, execute, effect, eomplete, camply with and ~bid~ by ~ath and tv~ry HM ~t1p~i~tloM. aprM~mnb.
conditio~s and covenanb in said promissory note and this matgage set forth. ' •
9. That in the event the ownership of the mortgaged premises, or any part thereof, becanes wstd ~ a p~non otMr th~n fhe MORTGIIGOR, th~
MORTGAGEE, its successon and auig~s, may, without notice to the MORTGAOR, deat with such succ~stw w MKSMSa in iMU~s/ with referMw~ to thi~ ~
moitgage snd the debl hereby secured in the same manne? as with Mortgagor without any way vitiatirg p~KI?u~inp NN MortpipOt~' li~bility Iwr~ i
under or ~pon ?he debt hereby secured_ No sale of the Fremises hereby mortgaged and no iwbtawno~ on th~ p~rt of tM MORTGAGEE or it~ wotttwn
o: assigns and no extension of the time for the paymem of the debt hereby secured yivan by tFa MORTGAGEE o~ ib ~uootason ot u~gia, ~11 op~r~t~
ro release, discharge, modify change or affect the wiginal liabifiry of the N10RTGAGOR hertin, either in wFwl~ or in part~
10. It is specifically agreed that time is of the esse~ce of this contract ~nd that ao w~iwr of u~y obliy~Yan Mrwnd~ w of tM oblipati0n t?
wred hereby shall at any time thercafter be held to be a waiver of the ferms hc+eof or of ths i~a?rurrNnt s~cvr~d h~rby. ~
11. In addition to the forego:ng monthly payments of princ'pal and interest required by the prwnis~wy n01~ ~etured Ix?ebY. narfpapot OowMMs
and agrees to pay to mortgagee with each monthly payment an addirional sum estimated by mortgspee fo b~ ~qwl f0 1~12 of th~ annual CO~f of th~ fdlOw-
ing:
A-All real property taxes levied or auessed aga~nst the above described real estate. ~
B-Premiums on fire and windslorm insurance as here+n requ~red to be carried on the improv~eheet~ sifvit~ On tha abOV~ dlWib~d prMtiNt.
C-Premiums on such mwtgage guaranty insurance as mortgagee shall from time to fime de~m fH to carry on ih~ Iwn NCU~ed h~r~by.
Mortgagee shall from time to time notify mortgagor in writing of the amount'due and paysble h~?eunder ~nd wch wnn sMll ttwwpon b~ dw and
Fayable on tF?e due date of the next monthly payment and each successive mo~th thereaher until mort9syte sh+ll notify mutgagot of • ehanp~ In wch
amount. Such sums shall be applied by mwtgagee tcward the payment of real property taxd, insurante prem:vm~, and mo?t~~p~ pwr~My Insut~nt~
premiums.
IN WITNESS WHEREOF, tFx said MORTGAGOR has hereumo set his hand snd seal tM dey ~nd y~ar fint aforaald.
Sipned, Sealed aad elivered in the presence of: ~ #
. •
.~t~v~ ~aQ f
.
, -
n..q
rs..q
ATE OF FLORIDA ~ ~ ~
COUNTY OF ~ i
~f„~ r...,,~,~~;, ,~~„~a Wi more M JoY~nson~ a widotiter .7~X
]6~t]~.7~, ro me wel~ known and known to me ~o b~
the individusl~ described in ~nd who executed the iaegoing instrwnent, and acknowledged before ms that"I~ ex~cuted the same for tM perpw~s
!herein eupressed. ~CtYtiKii~
~fX 87ifiGX~dC - xasar,zrw~7rr~txx~ pivl~iC
~
K
~ ' QD]bDP.1~141UQlC1ElF7G1CDIrJtDfd[7~~a~• •
WITNESS my h~nd and officGai seal this ~ t.~1 day of ~
~
Not~ry Pvblit in ~ w th~ Sb florid~ N Luy~
My Commission ~cpir~s: i
Retum Ta '
Fint Fetkr~) Savi s 3 Lose Associafron ~ S!-~? O} ~^:4t~L tt ~ aS^'r ~ a%, .
^g R~tB:Y p~ ' ,.:~~~u ~ -
Of FoA Pierc ~QE~ ~ t..- . - i ' ~ ~S ~i4'S • ~I~'~i
~ T x:~..~ • ~
~~~~~pY ~LA• n~i . . y ~ : ~
.
$F~,~1': ~F ~r'S ~~r~~L I ' ~~~j, _ 'J J ~
" ~i: ~f"0 / / ~ ~ .
~ i594i9 =
r~: ~
~ 9 ' S~ . ~ ~J , , _ _
•6T A~G 25 _ . : ~ ~ .
~~~°v~e~ - • ~ -
~ OvaT p ' • .
. ` ~ ` ° R ~67 2 . .
~L~~~K C~R~~1T ~ BaOK FAGE 750 ::~,:z:._.~ ~
~ !
~
r ~ _ ~ - - _
e~fi` ' '~`'XYi --t-.~'2y. S, 34 a.r'^ - '
' v_;;j
~~.i
~i.