HomeMy WebLinkAbout2809 To plac~ and continuously keep on the buitdings now a Mreafta situaq on said I~nd and on dl pufpnNN M~d p~~son~lly oovNMi by Mi~ Totq~
s~e, with all premiums ~hercon pa~d in full, fire insurance in ~hs utual sundard policy form. in ~ swn app?owd by N» N10RTGAGEE. N~d wied~/orM
;nsursnc~ i~ tM ~swl ~undard polrcy fam, in s sum app~oved by ths NtORTGAGEE, in tuch comp+nY or oanP+^iK +s tl~ MORTGAGEE m+y
d~recrj and ~II (ir~ ~nd w~nds~orm in~~.ance pol~ucs on any of said b~ildinpt, ~ny intenst tMnin o? p~n the«of, in tM ~pq~p~~~ wm ~faNald a
In excass Ihereof, ahall conNin the viual standa~d ma~gagee cl+uts w suth othN cl~us~ ~s tM MatyaqN n?~y tpuin~, nwkinp tM lou wdN f~id po~F
des, e~ch ~nd every, p~yable to ssid MORTGAGEE as ~is ~nierest may ~pps+~. +nd e+ch +nd ~very t~th Po~kY ~ P~a^'PNY ~•9^d ~"a b
eny hekl by s~id MORTGAGEE as iurther security to ssid matgags dcbt, ~nd, nw ku tFwo tM (10) daln i~+ +dvana of tM ~apir+tion of ~ach policy. ro d~ ~
I~~er to s~id MORTGAGEE ~ renewal thereof, toge~her wi~h a rece~p~ fa the pemium oi ~uch ~~newatr ud t1+K~ shall b~ no fin w wlnds~an+ Mswa^a ~
pleced on ~ny of said buildinps. any intere~t therein w part thereof, unleu in tht fwm and witb tM loss p+y~bl~ as ~fa~saidt +~d M~ th~ ~v~nt any swn ~
oi money becomes payable under such polky a policiss said MORTGAGEE shall iuw tM opYron to repiw .nd ipply tM ~+e on acaa?m of tM ind~bred~
ness secured htrtby w ~o pcrmit said MORTGAGORS to receive snd us~ it p any part lhereof fw other purposes, withoul thereby waivirq or imp+tr•
ing any eq~ity, lien or right undcr or by virtue of this mo:syage; ~nd in tM ~vent ~aid MORTGAGORS sMll fo~ any rNWn i~il to kKp tl+~ s+id pnm~tel so ;
~nsurerl, w fail to drliver promptly any of said polK~es of insuranc~ ro said AhORTGAGEE, o~ fail promptly to p~y i~lly ~t~y prNniun+ t1+K~for or M~ +^1~ ~
rrspect f~il w perform, dischargs, execute, eifect, completa, comply with and abid~ by tha coven~nt, w s~+y put henof, ~W MORTGAGEE rt~ay pl~p ~nd
pay fa wch inwrance w ~ny part thereof without waivinp w stfectinp any option, li~n. puity. ot ripht u~d~+ a by virtw of this Mortp+p~. ~nd tIN
f~ll amount of eac!? and ~very such paymcnt shall be immediately dw and pay+bb ~nd shall b~a? i~terest from tly dat~ thsreof w+til p~id ~t tlr aq ol
n~ne pcr centum per annum and togethe~ wifh such interesl shall be sacured by tM li~n of this mott~+y~. +
i. To permlt, mrt~mit or suffer no wute, impairment a deteraration of s~id property w any p+rf ths?eof• ;
S. To p+y all-~nd singular ths costs, charge~ and expenses, inclvdinp a res~on~bh attwney's fe~ ~nd aotH of ~bstwcts ot titl~, incun~d or p+Id N
any time by said MORiGAGEE, because or in the evem of the failure on tM Wh of th~ ~aid MORTGAGOR 1o duly, promptly ~nd tvlly p~rfo~n4 di~tMrpR
exec~te, effect, complete, comply wi~h and ab:de by each and every the stipulationa, ~gresments, conditions, ~nd cown+nn of said promissory ~wt~ and 1hi~ ;
mortgaye anr or either. and said costs, charges and expenus, each arid every. shall b~ immediately due snd p+y~bl~t wMther a not tMr~ b~ notice d~ ;
mand, attcmpt to colkct or suit pend~ng; and the full amo~nt of +each and every wch payment shall bsar int~rKt fran tM dat~ thereof ~ntil p~Id d tM y
rate of nine per centum per an~ium; and all said custs, charges a~d expenses ir?turnd w p~id, togtther with wth MttrNf, shall b~ Ntvr~d by tM IiN~ Of thi~
mertgaye.
6. Th~t (a) in the evant of any breach of this Mortgage or default on tM put of tM MORTGAGOR, a(b) in th~ ewnt ~ny of s~id suen~ of moewy
herein referred to be not promptly and fully paid within thirty (30) d+ys next after the aame teve?~Ily bKOmt dW ~nd pay~bls, withOUt d~eMnd Or ~Otiq,
or (c) in the event each and every the stipulations, agreemertts, conditions and coven~nts of sa7d promiswry noh ~nd thi~ nww~ap~ any o~ ~itMr u~ no1 ~
iuly, prompNy snd fv!ly performed, d~xharged, execured, etfected, completed, compl'ied with and abided dy, th~n In ~itlwr o~ ~ny ~i+d~ ~wi+t fM uW ~ t
gregate wm mentaned in said promisswy note then remaining unpaid, with interest scuued. ~nd all montys Ntvnd. h~r~by. slNll blooiM dw ~nd p~Y~ ~
able forthwi?h, or theresfter, at the option of said MORiGAGEE, ai fvlly a~d tomplete~y ss if ~II of the s+id sunr of naewy vwn wpin~lly ~tipul~t~d ~
to be paid on such day. anything in sa:d promisswy note w in this Mortgage to the cw?trary notwitl+~t~adirg; ~nd tlwrwpon or tlMrNftN at tM Option of
seid MORTGAGEE, without notice or demand, suit at law or in eq~ity, therelore or thweafter beyw4 msy b~ proMaubd ~s If tl~ rnOMY~ sKUtad hM~bY
had matwed pnor to its i~utitWion.
7. That in tF+e eveM that at the beginning of or at any time pending any wif upon this Mwt~ap~, ot to ~ot~dw~ if, a to nfwm R, or fo ~nfora~
payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisd7ctan ther~of fo~ tM ~ppoietm~nt of ~ R~ceivK. suth Covrt fMll
forrhwith appoiM a receiver of saij! mortgsged property all and s~ng~lar, iocludmg all and singulu the incorn~, ptofiq, Is~up ~nd tewnuN from wh~t~vtr ~
seurce derived, eath and every of which, it being expressly understood, is hereby mortgagtd u if sp~cifiully Nl fath and dNCrib~d In thi pr~otinp ~ed
habendum clsuses hereof, and such Receiver shall have all the b?wd and effective funct~ons s~+d powers in anywis~ u?trusf~d by ~ Govrf f~ ~ RKtiwq ~ad ~
s~ch appointmenf shall be made by s~xh Cou~t as an admitted eq~ity and a rrwtter of absolute ri9At to s~id NIORTGAGEE, and withouf nftrMC~ to 1M
edequacy a insdequacy of the value of the property mortgaged or to the sowency or insolvency of said MORTGAGOR or tM d~f~ndaMf, and that ~vch
rems, profits, income, iuves and revenues shall be applied by wch Receiver accwdiny to the tien or puiry of Nid MORTGAGEE and tM pratfioe of MKh i
Court. _ .
8. To duly, promptly and fully perfam, dittha?ge, ezesute, effect, complete, comply with and sbid~ by Nch and every fh~ sTlpul~tioM, aprMrtNnls.
condit~ons snd covenants in sa~d promissory note and this mortgage ut forth. '
9. That in ths eve~t the owrxrsh~p of the mortgsged premises, or any part thereof, becomes ve~t~d in a p~rwn ofMr tlNn th~ MORTGAGOR, th~
:',ORTGAGEE, its succeuo?s snd auigns, may, without notice to the MORTGAOR, de+l with such aucuuor w wa~sso. M inta~st with nfer~a to th4
n,ortgage and the debt I~ereby secured in the same manner as with Mortgagw without in a~y way vitiatin~ or diaharyinp flr Mort~apon' 1(abflify h~r?
ur.der or upon the debt hereby secured. No sale of the premises hereby mortgaged and oo fabear~nq on t!r paA oi tM MORTGACsEE or I1s woonso/s
cr ass~gns and no extension of the time fw the payment of the debt hereby secured yiven by the MORTGAGEE or its ~ucces~w~ or ~uipm, ih+~~ op~r+f~ ~
ro release, dixharge, modify chsnge or affect the wiginal liabiliry of ~he 1NORiGAGOR henin, either in whob w In parl. ~
10. It is spec~fically agieed that t~me is of tM esser~ce of this co~tract and tMt no wsiwr of u+y oblipatan I~ereunder o~ of th~ oblfp~tlon ~r j
wred hereby shall at any time thereaf~er be held ro be a waiver of the terms hereoi or of ihe instrument fecvnd Mrby. ~
;
11. In add~tia~ to the forego:rx~ monthly payments of princ'pal and interest required by the promiuwy note secured hereby, mottp~gor OoweaMS (
~nd agrees to pay to mortgagee with each monthly pay~nent an addirionsl wm estimated by Ynortgagee to b~ eqwl t0 1~12 of the annual Cost of tM fOllow- •
~ng. ~
A-All real property taxes levied or assessed agaie,st thc above desuibed re~~ e~tate.
B-Premiums on fire and windstorm insurar.ce as herein requ~red to be tarrie•1 on the improvemenf~ situ~te on fha abOVA dlsOib~d prNniMS. ~
C-Premiums on such mortgage guaranty irtsurar~ce as mortgagee shall ftom t~me to time deem fit f0 ca/ry on fFk (Oan ietuted he~~by. _
; Mortgagee shall from time to time notify mortgagor in w.iting of the amount due and pay~ble h~reundet ~nd stKh wm shall thtrwpon b~ dw and
i ~ syable on the due date of the next monthly paymem and each successive month tlxreafter until mwfpayee sMll nofify mortgsgor of • chsrg~ In such
f a•-~ounr. Such sums sF.all be applied by mwtgagee toward rhe payment of real p?operfy taxes, inwrance premivrtu, ~nd morty~ps puu~Mp iraurantt
~ premiums.
I ITNE55 WHERE , he said MORTGAGOR has hareunto set his hand and seal ths dsy a fi afotpaW
Sesbd a de io the presence of:
~ _ , • • n
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a /f.~~ e
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i
STkTE OF fLOR10A_ ~
$t• LLiCl.Q
COUNTY OF
Before me personally appeared Peter S. Huber
Ma,rgaret H. r
_ his wife, to me well known snd known to me to b~
rhe ind~vidvab desuibed in and who executed the fwegang instrument, and acknowkdged before me that they ~xewted the same fw ths purposes
rherein ~:~.~a. a,a r~ ~ Margaret H. Huber
~1re of the ~a;d Peter S. Hu er • - upor, , sep..,re .ea priv.t•
e=am~natan by me taken separate and apart from her said husband, acknowledged to and before me thet she executed said ir?slruma~t frsely and volur?~
rar~ly and withovt any compulsion, constraint, appreheru~on, or fear of or from her said hviband. 67
WITNE55 my hand _and official seai tF~i~~ day of Au JUS t A. D. 19
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~ . , ary Public in ~rd for ths Stat~ of Florid~ at tarp~
° _,~.~~i:sie~~rr~., My Co+nmiuan ~npira: ;
Return Ta _ j ,~rr ~'K ~ ~9~ i
fint Federal Savings 3 losn Association ' . S~k 0~ F~Idi
~ E s Z3.1969
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