HomeMy WebLinkAbout1162 . ~ 1~'.~ _ .
To ptio. .ea ooruim,ou.~y k..p on th. a,twinp. noa? o. M...r~.. wu.a a+ ..w I~+d. .na o~ d~ .qvlpnwM «+a pK,on.~l~r oo~wna b~r Ma nio.a. -
~p,, wi~h aU pr~mtww? thK~on paW in fv~. fir~ imwa~n in My u~wi surdard PolicY, hm~, ~ wa~ app~owd bY th~ MORTGI?GiEE. and wind~wne
Maunna tn t!N wu+l ~tad+.d pd~ry farn, b a~wn app~owd M? tM MORTGA~iEE. M~ wcA oomp~ny a companNa a tl» N10R?GA~3EE n+~
dM~ett ~nd all M and w~m inwqna Pdkin on +nY of ald 4?Iie~n~„ ~n~? Mhryt th~?~in w p~t th~nof. in th~ apyrpab wni ator«aW p
in ~xaw ~Mrwf, siwit oootatn tl» uwat st~d mor?~apN et~uy a wd~ aMr dw~ a~M MorpWN ~n+1? hquie~. m+kMO NN loa wda wid pot4
dK Nch and ~y. Wr~bl~ b wid MORTGAGEE a in inhtMt nwy ~PPM4 +~d Nch ~nd iw~y wd~ policy sMfl bt pro~npty? na:p~d and d~Qwnd N
~r h~ld by Nid AAO~TGI?GEE a~ furtl~ s~a+?1b to wid o+ort0+p~ d~bt. and nof Ip~ t~n Nn (lOf d~~n adwna of th~ ucpb~tlon ot Nch policy. b d?
Ww q a~id MONTGAGEE • nrrwal tMnof, topetM. wiM a nc~ipl fa fM pr«ohim of wch r~nhway ~nd th~ ~l~Stl bt oo fin a wind~tan~ M~ax~na
pbcad on an~? of Mid buildinpt„ any int~t N»nin a pwt th~r~of. unl~as in Nr fonw'~nd wNh tM loa payabN .ss ~ionsaidj ~+d tn tM w~nt ~ny Wm
of ~non~y b~wrnN payabl~ wKMr wd~ poticy a polkNs s~id MORiGAGEE sMU Iyw ~M option w?~aiw and apply th~ s~rtN on ~ooown o1 th~,Mxl~bt~d
+wb ~cw~d Mnby a w p~rmN s~id NIOR?GAGORS a npiw ard u» k a ~ny p~.t thenof fa otha pwpose~, withow fhK~b1 waivinp or 'wnp~in
Mip «w ~Wih?. ti~n a ripht adM a by vinw d tNt nwrtpqq and in tlw ~wnr aW MORtW?GORS ~l~stl fo. am? nsan f~il to kkp tl» s~W ~ w
IMw~d, a f~tl ~o ddiwr P~ompth? of s~id policia of inwnnn a wtd MORTGJ?GEE. w fail P~~P~b ~ P+Y ~N +~Y P~M+Mm+ tA~nfa a N a~
rapat htl b Pwfocni. dhdwr9e. ~x~artR ~ff~ct, compbt~. opM~M wUA and abid~ by thb covu~ant, a any p~t Iwnof, uid INORTG/IGEE ~nsy pl~a ~nd
P~Y !a wd~ hw~r~ or +n~r P+rt tAw~oi wiN+ou! w.Ninp a~HKtt~p +~ry? optie~, INn. ~quiM. a KpM u~d~ a b~r virtw of thh Mortpap~. and th~
fidl ~1 of ~~nd ~wry wd~ p~yn~?t ~hali b~ innwJi~Nly dw aml p~r+l~M ind shaU bwr M1uat han tM daN th~~of untN piid ~e 1M nt~ d
nin~ p~r oM~tum pw ~ewwm ~nd wp~tlw wi~h wd~ int~na~ siwll be saw~d bY tIM ~n d thM ~nat~q~. .
1. to p~mit, aanmil or sufhr no w+~ i~np~irn~em a dehrio?+tioe? of uid peopKly p any p~A tha~. .
S. To par a!1 and ai~Qular th~ toat~, clw~p~s +nd ~xp~w~, includinp + n~o~bb ina~Is fN and eosfs d ~b~taets of thly kKwnd a p~id M
~ny tinw by s+id MORTGJIGEE. b~c~uM or h th~ wN?t d tM failua an tlN prt of tM taid NIOitTGAGOR w duy. pran~ptt~? ~nd fvlty PKfomi. di~ch~
~x~cut~, ~fhct. compl~h. oomplY vvi~h and ~bids bp ~rad~ and ~rr tFK atlPd+tiaa. +pre~nlr„ cond'i8on~, +~d aov~rrnq of ~afd pramis~o~y ~01~ a+d thb
matp+~ +n~? w~itiw. and wid oost~. dw?O~s and ~xpKw~. ~ad~ and wwr. sb~ll b~ kmwd'wt~ly dw ~nd p~yabl~t wMtM~ a no~ thsn M eatioi d~
ew~d, •tNmW a odMct a wp p«d~ and ~h. full «~wu~N of .,d~ .nd .w.y wd~ p.ymu~r ah.ll b... t~+ter~,r han ths daa th.r.of unn~ qid d th~
nt~ of ~ pN on+tun pK arr~wiy and aU ssid at~t~. dwpp and ~xpKws te?aKrad a paid, ropNhK wi~h weh int«wt, shall b~ s~arr~d by ih~ li~n of thq
^wtlpap~.
6. iMt W b tM ~v~M of any bn~ch of this Maqp~ a def+uh an 11~.part ot ti~ ARORTGAGOR. a' (b) in tM ~vrnt ary oi uW wna of mon~r
lwdn rsf~n~d to b~ no1 pranptly ~nd fuly p~id withL? M~irty (30) days ~ext afM tM sarM s~wrdly M~om~ dw u~d pY+biy wflhout dsmand w na~ioe.
w(d in ~M ~wM s+ci~ and ev~y th~ atipulation~. sprwMn~. oaditions ~e?d aov~nts of wid p.a~iory ~wtt and this mwpp! any a ehMr art nol
!~h?. v~w~1? «~d fulb v~farm~ d'~d~uwd .xecurd. ~Hic+~d. canpl~t~d. canpli~d wifh and ab~ded by, tMn tn eitF~ w any w~d~ w~m t1» said .p~
WqiN swu mM+1ia»d in s~W promis~ay r+oN then nmaini+p w~paie~, with intsrat aaruad, and all moneri tKw~d iwtebp. ahdl b~aoeM dw and WI?~ ~
~bN fathwi~h. a thwwft~r. at tM opt~on oi s+id MORTGAGEE. a fuily and canpktdy a N aq oi tM said wmt of nwn~y w~r~ a~pirMlly utpula»d ~
w b~ pa;d an weh ds~r, anythinp in s~id promissory ~ a i~ thb Matp~ a tIw eauary nawltMt~,dinpj ~nd ~henupon w Nw~ah~r a~ th~ optioe? of
wid MORTGAC.EE~ without notit~ or d~d. wk at laa a in puity. N~a~fon or thwtaftK n?a b~
h+d m~t:tr~d priot fo ifs inttiwtion. ~"'4 Y P~~Tad a~ if aU mo~wpa Nound iweby
7. That M the went tbat ,r ti» l~imin~ of or ~t a~y tinK P~e~dieg +of? wit upon this Ab.~9+p~. w to fonelw~ It, or to nfonn h. « to ~niora_
WY~ ~+~Y d~ina lw~~urKl~r. ~+id MORTGJI('aEE th~ll ~ppfy to tM Cour1 hevinp jurisd'~ctioo therwf for tlr ~ppantmant of ~ R~aivK. wch Couit ah~Il
forti+with appoim a reaiwr of aaid matyap~d properry ap and ~kgular. indud,np a!1 and sirgular th~ lncbn+~ Profit~, iasws and nwnw~ fra-, wMtwK
w~xoe d~riwd. Ntl~ ~nd wery of which. H b~i~ip expreasly w~dKSlood, is htrtby mottp~~d at if ~p~tific~ly set M~th and dMtr'b~d in tIN prantinp ar~d t
hab~lwn c1a~+NS I+K~of, ~nd wd~ Reo~ivN ~hall have ali tiM lxosd ~nd ~ffectiw f~~oro ~d povrf.s in ~nywis~ aenusrsd b~r a Cowt to a R~oeiw., and l
wd~ appo~e~rn~nt sMll be m~d~~by w~h C~t a~ an sdmitted equitp ~nd ~ enrne~ of absolutt ripht ro said MORTGAGEE. ~nd without nferenc~ to tl+~
ad~qu+cy or in~deqv~cy of tM valw of the P~PKh? mat9+~d or to tM aolvaxy w iiaolvency of said MORTGAGOR a th~ d~fendam~„ and that wch
rN+M. Profits.,inoo~ne. it~+es ~nd nvw~ws shaN b~ applid by wd~ R~hre~ acoord'mp ro th~ lise a_~9~+itY of said IMORTGAGEE and th~ p~aclia of wc,h
Court
d. To du~Y. P~~+PNI? +~d fulb P~~~+. exacvte. ~ffect, oomPbb, oomplY wlth and abid~ by~Nd+ ~d twry th~ stipui~tio% p~Nm~nb.
eond'itioir and oov~nes in s~id promissory no» and thi~ mo~tyap~ s~t farth.
a
9. ikat N th~ wenf th~ owrwship of tKe n~o~p+0~d P~+ap. a+rry Put thenof, beca~NS wsted in a pn~n otha tMn ths MORTGAGOR. th~
MORTGJ?CEE. Ms wocesaas +nd wip~a„ m~y, without no~ic~ to ths AtipRTGAOR, d~:i wiih sud~ wa~sw or wocessor in ;nhr.st wirh rsfer~ to this
maqp~ and tht debl iwreby seaxed in tht same mimer as witA Matpspw wittwut in ~ny war vit;at&g or d'adu.0inp tIN Mortpapors~ li~biliry h~n-
w+d~r or upon the debt her~by seaued. No sal~ of tF?~ premi~es hereb~r mort~~p~d ~nd no forMuaKe an tM pwt of tha NYpRTGAGEE « iq svooKSOn
w ass~pns and no ~xtaesion of the eime fw th~ papment of th~ d~bt hxeby sea?red ~iwn by th~ M~ItTGAGEE w Hs wooessors w assipro. shall op~r~q
~o r~ ~a~rq~ +~+odif?r cA+rq~ a~ff~ct tlk oripin~l li~bility af th~ l1AORTGAGOR haei~. eithK in whol~ or in put. •
to. It ts specificsiy s~nsd Mwt time h oE tM ess~nce of this aororact ~nd tMt no waiva of any obhpatan FwreurKbr a of tM oblipation s?
au~d Mnby sh~ll at any tin~ th~reaftw b~ htld to b~ a waiwt d th~ Mmt I~u~of w d th~ irotrunwm ssaw~d htrby.
11. In ~ddHion ro the forpo:n~ monthly parmenq of princ:p~l and inte~est requi?ed bp th~ prom;ssory no~e s~w~d hereby, mortyayw towrnnt~
. and ap?eas to paY ro n+ortpaps~ with ~sch mo~thly paymsnt an sdd~rional sum estimaad by mortpayk to be eqwl w 1/12 of the smual cast of the idbw-
~ A--AII real property tsxes levied w.assessed apainst tlx sbove deauiEcd resl estaf~.
d-Promiums on fire and windstorm inwrana ss herein requ~red ro b~ vrried on ihe ;mp~ov«nea»s sitwt~ on tM ibove described pra+ni~p.
C-Piemiwns on s4ch mort9~ge pvu~nty inwrsnoe as matg~pe~ shail from t~me to time ds~m fit ~o cury on. tM lou~ secwed hsreby-
Mort9+pw thail irom time to time notify mortgapor in vniYrg of th~ ~mount due snd p~yable I~eundK and wch wm shall thKa~ipon b~ d~e and
papabb on the dw d~te of the ne:t monthty payment ~nd esch wocessiv~ monrh the~eafter v~til mortQaps~ ihall notify natgapor of a charpe in such
arno~rrn. Sud~ wms ~hall b~ applied by mortq~ae towud the payment of real property tax~s, imunnce preen;urns, and ereorqp~ puuanty ~Swsnp
Pnmiunq-
wrrNESS vVHEREOf, rhe ..w MORTCaGOa haa hersunro s~t his hsna .nd ,ed th. d.y «+d ye,. firs+ ,fo.as.id.
ipw . bd snd de rd th~ pr~s~e~a ofe ~ `
~Gl/ h
~ n
.
~ ~
ATE OF FLORIDA ~ . `
~
COUNIY OF --~S I,71C ~ A ~
' 8efor~ n,~ p~~lfy ap~.,~d T~s~ni al Cnl l i r3 ~ A V~ Al1LTAT t~nA Tnhn A LO kA ~„d `
' Vi n et _ _kA his w;fe. to en~ weil known ~nd known to nw to b~ !
` th~ 4dividwb d~w~d• M and wl+o ~x~cut~d th~ forpoirg irotn~neM, and acknowkdped b~fat rn~ that tlwy eascvt~d th~ wm fo~ th~ purpos~~
~ N~a.tn ~xp..r..d ~?nd th. Vi nl [3 . _ .n[~ke _
i ,~vtf~ ot th~ wid .T~hn A_ I.or_kA
~ ~x~in~tion kry nw taka~ ~eparaq and ~part from Mr s~id Iw~ban~l. ~dcnowl~lped b and befon mt ih~t ahe e:ewqd ssW inttnirt»M frMly and volw~
; ruil~r and without +^pr aompvlsiw4 ooestraiM, appnbsnsion, o fw of or from hu said hu~nd.
! WITNESS m~r Iwwl ~nd offiaal wal thi d~y of A. b. i9-J.._
~ Pvblic in ~nd for th~ Stab of Norid~ ~t t~r~
~
Rawn fa • MY-_~~s~
~~~:::.:~Utq`~'- .~...I S1it! 0~ F{Olldi ~ ~
~ wu F.d..,~ sw~, t~o«, ~..oa.f~? . Z ~~.t ~ ~ Co~wisrio~ E~ Sept 23 1969 .
E Of FO11 Pi!!C!. ~ ~..~N= ~ ~~i f10~ • e
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