HomeMy WebLinkAbout1193 1. To ptse~ contkwro~sly kNp an ~M buitd;nps eaw o? hsreattM wtwb on said t~nd and on ~II equ~pmeet and paso~ally covKSd by tl+is nqrp~
p~,, with dl praniwn~ ~he~wn p+;d in iv16 f'u~ insuranc~ in th~ usual u~ndxd policy (am, ~n a swn approwd by ~M MORtGAGfE, and windirorn~ ~
Nuw~nn in ~h~ uswl ~unda.d pol:cy (aa~, in • iun+ approv~d by rh~ MOIt~GJ?GEE, in wch company a companNS u th~ MORTGACrfE ~n+y
d~ne~J ~nd all fin av1 w~ds~o.m inswana polki~s on u~r ot f~id EYildinpi. N1y if~M~Nt tANlNI W pN1 fI1N~0{. in tM pp~ep~t~ ~wn ~for~+aid o~
M uu~ss tF?srwf, sA+ll eonutn tl?~ wwl sundud mapa~ elava or iueh o~ha davs~ ~s rM MorrQay~~ en~y rpwn maklnp tM bu w~der sa~d pol~ ~
ciK ~acA ~nd ~w.v. MY+b~ a iaid MORTGAGEE ss ib in~eres~ maY +CFt+'. and ~ach and ~ve.y ~uch pol~cy sl~aU b~ prorepNy ~is:qned and delivaed w ~
~ny hNd bp s~id MORiGAGEE as (wthsr s~cwiry to said mat9ap~ dsW. s~+d, ~+W ka tlwe t~n (10) days in ~dvu~e oi ~M ~xp'u~ran of ~ach policy. to d~-
IivM to s+id MORTGAGEE a rentwal tlweof. rop~tMr w::ti a?euipt fa the p~mivm o( wch r~newsl; and thsn shaii M no f'a~ or w;r~dseo~~ inswanc~ ?
pdaad on ~ny of said build~nqs, ~ny Fnterat tM«~n w pu~ th~reof. unleu ie ~M fwei and wi~h th~ tou pay~bl~ u+tor~~idj and in the ~vent anr swn :
of e~oeKy brcann paysDl~ u!~de~ wch policy or pofici~s said MORTGAGEE shall hiw th~ opt~on b ~~caiw and apply tM sa~n~ on Kco~nt o~ ~h~ ind~Ot~d- '
e~ss s~svr~d her~by a~ 1o ps~mit fa~d AAORT('iAGQRS w reeeiw uid us~ it w any par~ thereof fw other purposes, w~~hou~ thtreb~ wai~i~.g o. unpair- ~
inp anY p~?ity. liu~ or rghl under or Oy virtw ot this morspapr, and in th~ ~ve+?t sa~d MORTGAGORS shall for any reason fai! to ~srp tht q7d pr~enisq so t
inw.ed, or f~il eo deliver prwnptly ~ny of ~aid pol;aes of ie?iwv~oe to s~id MORTGAGEE, or fail promptly to pay fully iflY PfltT1YT tAQf~~Of M in ~ny ~
ntp~ct (ail b perto~ny dischK~. e:~cutt. ~tt~. canplet~. comply wirh ~nd ~bid~ by t!w covenan~, a any put he~~of. said MORTGAGEE may plac~ ~nd
p+Y f« wd~ inw~a~x~ w a~r Wrt therod w~thout w~tvirp w•ffecYwq anY opuon. IieA, ~qwty, w ripht vndar or by v'utw of :h~s Mort9ap~. ~nd the ~
fvll arnounl of sach and ewry such paynknt ~hall be ~mmediarely dw and p~yaW~ and sh+ll bcsr in~eres~ from Th~ dat~ thereol umil paid ~1 tM rat~ ol ~
nine px centwn pN anrwm u~d to~ether with such in~etest shall be secured by tM ii~n oi this ~norty~~.
1. To ptrmit, tanewt or wifa ~o wutq imp~'uarcnt a deter:ora~io~ of aid property o~ ary p~rf ?liereof. ~
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S. To p+y ~11 u~d sirgvlar tM•tosts, ~arpsi and expe~se~, inclvdirq s reasw~+bk ar.orney
s fc~ ud coib of abstr~cts of titls, incurred w paid at ~
ay tim~ by sa~d MORTGAGEE. bacws! a in the ~wn~ of ths (a~lw~ on th~ puf of th~ s~id MORTGAGOR b dvly, prompty ud f~lly pe~form, d~schuge~
~xecute, ~ffed. complet~, oornpl~ with and ab:de by e~ch and every the itip~lar~or?s, y~eemenn, c,orcditionr„ and oownants of said prom~ssory ~wte u~d this ~
ina~aQs any a ei~her. and sa~d costs. cMrges and expenses, eacA u+d ~very. shall be Nnmed'utely due and p~y~bk: whether a rat there be notice d~
m+nd, atrempt w e~ollect o~ wit pa~dieg; and tM fvlf ~rrwvnt of sach and eva~y svch p~yment sh+ll bea. ie~ierei~ fran ~M dat~ thereof unril paid at .he •
rah of nin~ per ceerwn per anewrn; and aU ~aid oesr~, charges and exp~nses incwred or p~id. topetha w~~h such intsrKt, sh~ll b~ ~ecured by th~ li~n of tiw
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A. TMt in ths event of a~?y breach of this Mat~s~ or default on tl+~ part of ~he MORTGAGOR, or (b) in fh~ evem a,y of sa~d swns of ~naKy
l~uetn ~~ferred ro be r?o+ promprty and fvlly pa~d w~thin thirty (30) day~ neat afte~ the same seraally be~come due and payabte. withou~ demand or noY~ce,
w W in th~ swnt each and every th~ stipulations, sgreemenn, cw~dirian and coven~nts of sa~d promissory ow~ sod th:s matya~e any or eithtr ue na
~ly. pranptlp and fu11y performed d:scharged. ~xecuted. eftected. compteted, complled w~th and ab~ded Sy. thee ;n e~tha or u~y svch event t1~ asid a¢
We~+b swn men~ioned in sa~d prom~siory nota then ~anal^irg v^Wid. wi~h inee.est acvved. and all moneys secwed herebY. sh+ll becomt dw ~nd Pa)`
•bl~ farthwith, w tirreafrer, at ~M option of said MpRTGAGEE, as ivly ~nd coinplerety~as if ~fi of the wid wms of money were originally sripulated
~o bs p+ld oe wch day. any~lwng in sa+d promiuory rate w in this Mwtpage to ~hs contr~ry nohvi~hstand~ng: snd the?eupon a thereatte~ at ~he option of
wid MORTGAG.E, withow rwtice w dem~nd, wit st lawr or in aq~~ty, theretw~ or thereafter begun, may be prosecvtcd u if dl ~nw~eys sacvrsd he~eby
IMd tnittlfld p~~W to i1S iMtiwliOf~.
7. That in the event thar at the beqira~ing of a at any fims pending aoy wit upon fhis Mortgage, or to fweclose N. or ro refona it, w to eafx~
ay~nen~ of ~ny da~ms he~eunde~. s+~d MORTGAGEE shall ~pply ro the Gourt M~ing jw~sdKrion ~hereof to~ ~he appo~ntment of s Receiver. such Ca?rt shsU
iortliwith ~ppoint a receive~ of sud morfpaged poperry atl ~nd sirgvlu, iaclvd~ng atl and singvlu the incwn~ pofits, iswes and revenues from whatever
~owa derived. each and every of whKb, it be~rg e:pressly unders~ood. is hereby morrgaged u if spcc;iKatly aet fa~h ~i deuribed in the 9?aming ano
h+bee?dxn ctaus*s hercof, a~d such Receive~ shall have all ~he bro~d and ei(ect~ve fwx~wns and powers in ~nyvrise r+trvsrsd by s tourt ro a Receiver. a~d
such appointmeM al~alf be nyde by wch Cowt u an adrsitted eqvity ~nd i Ti1~N of absoiwe right to said MORTGAGEE, and withovt refe?ence ro the
~deqvacy w insdequxY of the vatve of the property mo?t9~ged pr to the soNency w~nsolverxy oi sa~d MpRTGAGOR a ~he defendants, and that such
r~f. profits, income, issues and ~evenues sha11 be applied by such Receive~ accadiny to the lien or equity o( u~d MpRTGAGEE and the practice of sucA
8. To duly. promptly and fully pe.fwm, dischsrQe execu~e, effect. compkte. cort~ply with ~nd ~bide
ca~d'itioos and covenann ~n sad promissory note and rlw mwrgage xt forth. ~~~~y fhe stipvlaYwns, ayreeme~ri.
9. That in the event the ownership of the mwfgage.! praniaes, a ar~y psrt thereof, becomes vested in a persoe other th~n fl+e MORTGAGOR, the
MORTGAGEE, its successors snd auigns, may, witFwu~ ~otice to the MORTG~WR, deat with such wcceswr or successor in interes~ with reference to this
~9+9e +~+d the deb~ F~rebY secwed in N~e s+me m.anner ss with Matg~gor w~thout in ~ny way vit~atirg or d~stFwgirg tlx AAortyagors' li~bitity hertr
w+der w upon ~l~e deb~ h~veby secwed_ No sale of the grem;ses hercby mwtgaged and no forbear~nce on the put of the MpRTGAGEE or ib successors
or +ss~gns snd no eatens~on of the time iw the p~yment of the deb~ hercby xcurfd g+wn by the MORTGAGEE or in successors a auig~s, shall operaro
ro ~ekas~. dixharqe rrwdify change a affect the original Iiab~Gty of the MORTGAGOR herein, either in wlale or in put.
10. It is spec~fically agreed that time is of the essence of ~h~s contract sod tl»t oo waiver of u+y oblg~rion hereunde~ « of the obfiyatan sr
cwed hereby shall at any time thereafter be held to be a waiver of the terms hereof a of the instrument secwed herby.-
11. In add'nion to the twe9o:ng mo~thly paYments of print p~l and interesr_ required by tl+e pran~ssory note secured hereby, mortgagor covenants
u~d agrecs to pay to mortgagte with exh momhly payment an ~ddrtionsl svm est~mated by mwtgsgee to !+e equal to 1/12 of the annual cost of the follow-
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A-All resl property b:es kv~ed or assessed against the above deuribed real esqte_
8-Premiums on fire and w~ndstorm ~nsurance as herein reqv:red ro be cr.~+ed on the 7mprovemer?ts sitwte on the above drsaibed premises,
C-Diemiums on wch mort9age gwranry inwru.ce as matg~gee shsll irom t~me ro time deem fit to csrry on the loan secured hereby,
Mortgagee shaU froen time to t:me notify mortgagor ;n v,rtiting of the amo~nt due and paysble hereunder and such wm shall thereupon be due ~nd
payabie on the dve date of the ne:t month:y payment and exh suaessive manth thereafrer ur.til mortgagee sheN not~fy mwtgagw of a d+ary~e Fn such
~nounf. Such wms shall be ~pptied by mwtgagee toward ~he payment of real property tsxes. insurance prem:ums, and mort9age 9uar~^h~ inwr+nce
premiun+s.
IN WITNESS WHfREOf, the ssid MORTGAGOR has hereuntp se~ hi: hand and xa! the day and yea~ finl afaeasid.
ipned. Sale and d~ev~ted in the presence of:
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atL.~ -liLt~La ~~}-G.~+ti~ (Se+q
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S E OF FLORIDA ~
COUNiY OF - $alAt Lll - ~ ~
eera~ n» p~r~pr .pp~ula e7 sa Hog~~ a~-';
n~le~?dult
a~i
~i? wife, to me well knawn and known to me to be
t~ ~rydv+l! desvibed in and who exearted the fore9oirg instrurnent, and ackrqwledged before me tlwt t~r exec~ted tf+e same for the pvrposes
ti~erein expressed. ~11w~Nr..:d She
+rffi~Ms~yaid ~Poo++~say~ad. nrw
~a* lak«uy»~att ~arL apvi Eta~ hec sai~ h~uk~od. adu+owbdy~tila~~d.be~oww~~6ai Jhe~~trt~d,.said ~natr+ww~t L~ely~aod Yo4+o-
a~ ~e^+Pdaion-cons++aaw.~PPr br fe~r-oF tir frw~rl~er ~;~~Msiam{. -
MIIiNESS mlr h~nd and official seal this ~y a/
A. D. 19~~
Notary ?ublk ' !a the Stste of Flo?ida af l~rge
Return Ta. MY ~?m . e~cpires:
Frrst Federa! Savings 8 loan Asfociatbn ' -
ot Fw~ PK«e_ .,,it+.::• ~lotari PubGc. Stak of Fbrid~ at [arqe :
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