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HomeMy WebLinkAbout0451 C ` r S. ?o plau and cau~ly icNp on tA~ bvad:gt t10W 01 INrHf/N ~ihNM WI f0id IMId Y~ Of~ aN lqui~enlf~f if~A ~MtpNlly COWt~ by tllif 1~1p11~ p~, v~rirh aG pr~miw~A ~Iweoe p~:d in fvU. tire insw~e?c~ ~n the vswl uand~rd PaK1l fwm. ~n • wm sppo~d b~l th~ MORiGAGEE. ~+d winds~w~w inswanc~ h d+~ ~swl s+andaro p~+1~cy farn. in • sum approv~d by U» MORTGIIGfE. in wd~ canpr~y w ca~npani~s as Me MORTGAGEE nwy Ju~eet and all f,n an~ wieduonn i~wa++u polic~es a? any OI Nid buiklin0i. MIy Glf~t!!t tMl~1f1 M~fl tMfWI, in ?1~ app.pae~ ~vn~ ator~wid ~ In ~xass ~wt, stwll contaL: tM wwl standxd mor~~~ daus~ a wd~ aha davs~ ss N+~ MortpapN en~y ~pvize. ma~inp tM loss wda sa~d po1i~ cia. ~ach and ~very. WraWe a uld MORiGAGfE a~n in~aes? may ~posar, end each ~+d ~very wch poticy ~hall b~ PromWh su:q~ed ~nd d~1:w~td ro any MW by s~d MORiGAGEE ~s furtl+K ssswity to said morq~ dsbt. and, ea~ 4ss tMn Ne (1G1 days ~n ~dvanu of M~ ~apir•r~on of ~aeh potky. ~o da t~wr ro sa~d MORiGAGEE ~ ~~ns.val ~M.wf. to~rFwr v?-iYh • recNpt for tM pre.~NUm oi svch r~newalj ~nd th~re sh+ll b~ no fw~ w wir~ds~«n~ aawaec~ plaad on ~ny of ~7d bvildinp~, ~r intarest ~her~in a p+~t thued. un1~u in ~i~ fo.m' and witA tF~ loss pay~bl~ as afwts+~ds ~nd in tM ~wnt ~ny wm of ma~y becon+p p~y~bl~ w~ wch policy w polici~s uid MOR!GAGEE ihaU Iww ~M op~an a reeaw ~nd appty th~ sa~ on aaount o1 ~he ind~bred~ neta secw~d I~tby or tc peimil ssid AAORTGAGORS 1o rsotiw ~nd ~ it a any pa~t thereof fa o~he. pwpasrs, w~~hout shs.eb~ wa[~w.p w wnpai~. 'np anY pvity. li~n w riqhl w~de? « b~r virtw of this nars~: and in tM ~vsnt sa~d MORTGJ?GORS sMll fa a~ naaon fail ro keep tM said pr«nises w ~ inwred, ar f+il b deliver WanPth u?Y of s~id pofioiea of inswuw w u7d INORTGAGEE. a ta~! WanP~~Y b WY ~+~h? +~Y P~emwm rhs«for a in any r~ip~a tail b perforen, ~sd~aJe~ f]fKYf~, ~ffect, compNt~, tanply with ~nd +b~d~ by Mw covenant, u any pa?t he~eol, s+id MORTGAGEE may plx~ ~nd WY fa wch imwanw w w,y pwt tke~eof withow w~Mrg a ~ff~inp +nY eW~o~, lian~ pwryl. w riqhr wd~ or by vi.tw of ihis Mo.t9apa and the fuU an,ow+t of eacA and wary wch p~Y~~wm sh~ll b~ immedia du~ and t tdy pyabN and sl+~tl Otar inter~st fraw th~ dab Ihereol w?til p~id at tM raN oi n~M per pnnrm pu urwn~ ud togethe~ wi~h wcA ime.esr shatl ~e iecw~d by th~ li~n of this ~w.t~p+. 1. To permi~ camdt w suffa ~no wut~ imp~KmeM a dsterior~tion of said property p~ny p~A thsreof. 5. To psy ~II snd ainpular th~ tosts, dweQes and ~xpee?se~, inctudbg ~ reasonabl~ attwney's (s~ and oosq of abatiac» of titl~ incwrsd w paid s~ a..y tirn~ by a:~a NtORiGAGEE, bacause o~ in t!w even~ of ths f~ihx~ on tlv put of the ssid MORTGAGOR to duy. promp~y and futy perform, d;ich~gs, •xecut~, ~ffed. coMplete. aomlHy w:th snd ~b:d~ by ~ad~ ~nd every the stipulatid+~. ~gree~e~nq. caxlitip~~, snd oovenu?b o( ssid promissory ~wte and t!w mort~ap~ airyr or ri~her, and sa~d cosnr. dwQts i.+d ~spense~„ ~+ch and ~very. :h~It be inwnedia~ely dw x~d payaW~: whcthes o. no~ tMn be na~oe d~ n++~d, ~nemp~ w co~kct a wie p~nd'ug; and rM ivll anaun~ of each and ewry wch pa~a~ sMll bea. interes~ froen the d~te thereof wuil paid ~t 1M ra~e of nin~ p~r cenrum pa Muw,n~; and aU siid cosn„ cMr~s snd expensts i~cwrd a paid, wpNha w~rb wcl~ int~rnt ~hall b~ s~cw~d by th~ Ii~n of tl+w ^~D~- A. ilwt tn the ewat of aMr brcach of this Mort9spe a defsvlt on the put of ths N10RTGAGOR, or (b) in the ~vcnt sny of ~Ed wms of nwnsy herain ref~.rd ro b~ not promp~~y a~+d fvly paid wi~h'w~ ~A'uty (30) days fll7ct iRK fF~! tJrlfe ~l~1ll~lly ElCdT1! ~I11! !/Id ~Y1DI~ WItIqU1 dlrfNlld 0/ f10fKQ ' or Fn the ew.l~ each and erery th~ s~ipulatio%, agnemeots. conditions and covertants of sa~d promissory note and th~s morq~pe any or e~~her ~r~ ool ~ i~iy. w«~v~y ,~d tuih pe.ro.med, d~schuged, executsd. e(fected. comPt~ted, compl~ed w~th a~+d sbided yy. tha+~ in e~the~ or any such w~enf tM wid ~ ~eegat~ swn mentansd in said p~an;uory oote then rsm~i^i^y unA+i~ witA interest scaued, and all mw~eys secvrsd l~eby. sMll becwn~ dw and WY~ abte forthwith, a theresfta. at the oprion of said NIORiGAGEE. ~s fuSly ~ed comp!etely as if ~il of the sa~d :wns of ewn~y wer~ org;nally si~pulated to be pa~d on svch day. inyttwg in sa7d promissory F.ote or in tha Mwtyage to the conaary nww;thstand;ng: and rhereupon a thcrcaftc+ a~ th~ opt~on of said MORTGAGEE, without notic~ a demand. wit ~t la~v or in equity, therefwe or thsteafter had marured prior to ~ts ins~ity~ioe. ~9w+. m+Y be praaecuted +s if ~tl mw~eys secvred hereby , 7. TMt ~ tM event tMt ~t the beginning of or ~t ~ny tim~ pending auy wir up«~ tha Mortg~e, a ro faeclos~ it, a to reform it w to enfo.p psyment of u?y cls;ms hereur~de~, said MORTGAGEE sMll appl~ to the Ca?n having jw~sdkuon ~hereol fw the appo~ntment of a Recciver, such Cou~ shall fwtMwith ~ppoint a receive~ of said mortg~ged properry aN and sing~lar, includ~~+y all u~d singutu the incoms. protits, iswes and revcnues trpn whatever sovru derived. eac4 and every of wh;ch it being expressy unders~aod, a hcreby mortgaged u if spccNically set fath and dacribed in the 9?anrirg and habend~im dauses haeof. and such Rcceive. shall Mve all IFI! ~Oid iM~ lHKfiv! fVnCtipAS ~11l~ pOyytft If1 iflyWiS! M1tU31ld by ~ Cou.t ro ~ Receivar. and wch sppointmenf sh~lt be made by such Cowt u an admitted cqvity +nd a m+tter of absolure right w s~id JNpRTGAGE~, and wi~hout reference to tM aclequ~cy a i++sdequscy of fhe value of the prbperty nwr~g~yed a to the sonrency a w~wlvcncy ot s~id MpRTGAGOR or the def ~ndann. and that wch renrs, profin, income, iuves and revenues shall be applie~ by wd~ Rete~ver ~ccwd~rg w the lien « eqvity of satd MORTGAGEf and the practice of wcA i Courl. & To dvy, panpry and fvly pe.fonn, d:sclwge, e:ecuee, eHect. compkre, compty wi~h uid sbide by each and ewry the stipolations„ agreements, conditioro and covenann in sa~d promissory note and ~his mwtgage ut forth. 9. 1h~t in the event the owne.ship of the m«tg~qed premises. a any pui thereof, be~omes vested in a person other th~n the ~AURTGAGOR, tl~e h1pRTGAGEE, its suceesson ~nd ass:gns, m~y, withoW notice to the MORTGAOR, deal with such wccetsp o~ wccessor in interest with refe~ence to this - morrg~ge and the deb~ he~cby secwed in tl+e same manner ~s w~~h Mw~gsga wi~hout in ~ny wsy vitiatinp w d~sch~.g'ug the Mwryagws• Iiabi:ity hsre. under w vpon rhe debr hereby secwed_ No sate o! the p•em~ses hereby martgaged and no forbear~nce on the puf of the MpRiGAGEE a its suaessors or augm sr?e! no extension of the tirn~ fo~ the piyment of the deb~ f~ereby secured given by the MORTGAGEE w its svcceuors w aug% ~fiall operate ro releast. disc7wrgt, modify change a afiect the aiginal tisb+l~ry of the MORiGAGOR herein,, eirhn in whde o~ tn put. 1Q. It is specifically greed rhaf time :s of the esseace of tb;s contract and that no w~iw~ of ~ny obtg~f'ae herew~der w of the oblgation se- a.red hereby shall at any time the~eafter be held ro be ~ waiver of the tetms hereof or of the instrwnent secured herby. 11. In add~tan to the forego:ng monthly paYmcots of prin~ p,l snd inter~st requ'ued by the promissory note secwed hercby. mortgagor coven~nls _ . and agrees to pay a mor~gagee with esch moarhiy payment an add~rional swn csr;mared by matqagee te be eywl b 1/12 of the annval cost of the fdlow- ing: A-NI real property tsxes kvied w assessed ayai~st the above described real estate. B-Premiums on fire and windstorrr. inwrance as here~n req~:red to be csrr'red o~ tlx improvertsenh situafe on fhe sbove desvibed prem~sa, C-Premiums on such mort4age 9uaraney inswar.ce as mortgagee sball from t~me to time dee+n fit to tarry on the ban se~yred hcreby, j Mwtgagee ahall from time to time notify mwtg~gw ~n wr~Nng of the amount doe and psysble hereurKler and suci? wm shalt thereupon be dve snd payaWe oe the d~e da:e of the ~+eat monthly payment and each successive monfh tT,zrcafter ur.ril mortga9ee sf+a11 not~fy mutg~gor of a change in such amount. Such sums shall be appl±ed by mwfgsyee toward fhe paymenf of reat property taxes, insorance prem:u:ns, a,xJ rtqrt9age guaranty inswance prcmivms_ IN WI?NESS WHEREOF, the aid MORTGAC,UR has hereunto xt his I+~nd and seal the day and yesr fint ~fores:id. ~--ii ead eakd delive in the rpence of: . 0 n ~-n STATE OF FIORlDA ~ u COUNTY Of - - ~ t . - ' ~ ' P. 8efwe me penonatly ~ppesrcd ~ 3:n F? 8 0. : i TriP:E' t~ and P. t t~t T~ r 2' 1!'2"1@ t lus wiie, to me well known and krwwn to me to bs the ind7viduab descriQed in and who eaecuted the foreyoing instrumeot, ~rd ~cknowkdged before me that tFrcy exccvted the same fw the purposes . Ma r~ Bettv L. Gr~mr~ett wifa ot the said Jam_ss l.. :rr2PL*f2gt~ ~pp~ s aep~rate ~nu privat~ rxam;r.+tion by me tsken sepants and +part from her said acknowledged tu ~nd befae me that she e~ceea~tted said irotrvment freeiy snd voluo. a rari:y and without arqr compulsion, constraint, appreF~ens~on, u•of w frwn her said lwsbsnd. WITNESS mp hand ~nd offiual seal thK ~e~ f d~y o{ jlpl•~mber D. 19 ~7 ~ ~ J Notary P~blic in ~nd for the Sjrte f fbrida at larye i My Cwmn+ssan eupires: i~/,~~9 Retum Tm Fusr F.d~.a~ s.~ing: a losn wu«iat~«? ' F{ot~r Pa66c, State af FloriC~a et (Jrqe Oi Fo?t P;erce. ~ v~.«. Fb.~d, fAy Coma~issioa Expirss Nc. ~ 3: .~iS9 ECOROE~~ h f4. r e~i~l.,c}: R1 ~ S „LV ~O E T~ E A, ~/3/~9 - • - RECpRQ - ~3 - ~ ~O . 3q = ~ - ~ZppM10• ~ ~ ~ '61 K 16182.~ - ~ . . _ ~ -ti-~ ~=UITRAS ~ ~ ' R~uC,1E~CV1T COURt 0 R PACE CLERK ~ d00K ~ r ~ _ _TkT,Y ' . '