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HomeMy WebLinkAbout0778 , . To pl~ and conNawwll? k~+P on th~ buildinps now « M.~aftw ~hwN on said 4nd ai+d on •il equipe~n~m ~nd PMSOna1M oo~wr~d bY fAM n~aq~ ~p~„ with all p~iws~ thK~a+ Wd in ivlb fin inswaec~ in th~ usual sqndud polky fo?m/ ~n • swA ~pprowd bt? tM M~OItTCsAGEE. M+d windqone inwrN?a h th~ uwa) s~~l+rd polic]? fonn. In ~ wm approvsd bq tM MORIGAGEE. M~ M+d~ oo^~P+^Y ~~^P+^~ M tM -MAltilillGE! w~? dtndt +nd al) fih aw! wk~fo~n~ hwr~+a polici~a on any of w1d buiWNpb +ny inta~st th~nM or pKt ~1~rw~. in tM ~pp~p+N wm ~fa~id or In ~xaa tl~rof, ~Iwp ooMain tiw uw+l uandard maq+~ davw a wch ahK davw a tM MorpapN ~quKi~ ~na~1^Y th~ loa u~tM? uid poN~ dw .•d~ ~nd .vKv. wY•b1. a taW MORTW?GEE a in i~tenat may app~+r. .nd .ach «,d .v.ry wd~ po~ki? shaq M P~P~b ~~9^~ •nd d.Uwnd q .nr h.W by saW MORTGnGEE a funh....arriN ro aid mo.p+p~ d~W. +nd na Ir~ ~~.n (l~ d•p h.dvana of t1y ixpMa~ian of ~.d~ PoIkY. a dr Uw. w wid MORTGI?GEE a r«rwal tMr~of. ~op~~hN wirh a?~aeipt kr ~M pr«oiwn of wd+ r~w~b and tMn aMll -M no ,Rn or wtnd~taa~ Mau.ana plapd on aery~ of wid buUdu+pt„ +iyr infaMt dwnin a pat tl+K~oi. w+l~a in th~ fonw'and wi~h tM losa paYaW~ a~fonsaidj a~d in th~ ~wnt ~ny sww af nwMY b~con~a Wrabl~ w~da wd~ polky a polici~s said MORTGAGEE sMU h~w th~ option b noeiw wd ~pply Na ~ oa aooo~ml o~ tM Md~b»d~ n.a s.cw~d ha~by a a p~imit aW NWRTGIIGORS w naiw .nd w. h w•ny pa.t N~wf fa o~he. owposes, without '~her•b~ w+iv{np a~rnp+ie• ~ 4 W M~+~~1?. It~n a~qht wda a by virtw of tl~k eart~+p~j aed in tM ~wm wid MORTGA~GORS iMll fa any nason fail to~ki~p tM saW pnmiw~ w tr+sw~d. a fatl w d~l~wr a«n~nb of s~d po~~s of tnsunno~ a s.~a MortT G~? c~E o~ f. ~ i a~*~ b wr u r «~r w+~+~~' t f a a , M r n~p~c~ fati b pKfan~, ~y~. ~~cvN~ ~ff~d. compkt~• oompll? with and abid~ by thi~ aov~n+m. a aiy put M~wf. wid MORTG/WEE ~n+Y P~+p ~~d MY fa weh Insurae?a~ a~r~y pitt tMtrof withouf waNYg a ~ff~efnY aMioi4 U~1, p~~Y. o? ~h1 w~ o? by virtw of Ihis Mdrqap~. ~nd 1!N ivil ama~t of Nch «+d ~wry wd~ WYm~t ~MU b~ ~di+»IY dw aed pyaW~ and slwN Mar imu~st fran fM da1~ tlwr~oi untU p~i~ M tM ~aN ol niM qr antuen pN snnwn aa+d topether with wd~ M+t~at shall t» s~cvnd by 1ht Wn of thM enalpp~. To pKmM, oomnit w suHa oo w~at~, imWknKnt a dtt~rioratian of uid propKb o? P~t tMr~of• . . S. To p~y ~II and ~igular th~.ooa». d~+rp~+ +^d ~xP~n+K. indvd'~np • nasonabi~ ~ttorr~y's h~ and oosri of sb~tisc~s of titi~, Y+cwr~d o? p~td ai . . any tinw by wid IY10RiGJ1GEE. b~uw~ a In t!r ~wnt of tM failun on th~ pitt of tM a~id MORTGAGOR to duN. p~on+Mh ~~h? P~~• ~9~ ~ . ~xscvta ~fiM. oompl~t~. oomp~Y with and abid~ b~r ~sd~ and ~very the stipulat~aw ~p~~~^». oonditioro. ~d.aown~nts of wid p~ani+~or~? ~wt~ a+d tiw , mor~p+w «.HM.. .na ..id oo,t~, dwpa +nd .xpa~.~, .,ch .na ~w.~?. sh.n b. aro+~r.t.y aw .nd p.~Nb+.r M?~+.d». a na tM.. b. ~+otia a. _ m+nd~ ~ to coll~d a wM pNKfinpj and t1w tull arnoura of ~+d~ and ~wry sud~ paym~nt al?~II b~a. hqrsit kan flN daN tlweo# w~til ps:~: ~t tM . rat~ oi nine pe~ antum p~r wwent ~nd sll said obsts. d+~~e+ ~nd exp~ns~s ir~und or piid, wpetha with wch int~t, aMli b~ s~ax~d by tM Iwn oi thh nwrqap~. ` 0. iAst (a) i~ tli~ ~wi+t of any b~sach d Mas N1wq+p~ or d~fwit an th~ p+rt of th~ MORTGAGOR. 0~ (b) in th~ wN+t s~y of ~aid a~ pf nwMy h~nin nf~n~d w b~ ea pranpt~y and fulyr p~id within thirty (30) days M7t1 iNM 1M iY~N MvMilly blCOf1N dIN ifld WYiWf. WilIl0Y1 ~ p notic~ w(~ h~ th~ w«ft ~ad? ud ~wry tM stipvlatiaw +pr~nti, oond'itiaa ~rd coveMnts of sa~d pra~rsswy noh and this morqp~ any a NtM? ~ ~wl ~?~Y. pa^~P~Y and fvlb P~rfo?nwd. d~scMrpad. txecvt~d. ~ffided, complehd, oompli~d with and abiJad bY. 1Mn in ~ithe~ w any stxh ev~n1 tM said a~ 0?qrt~ wm maaia»d in ~aid peomissory eob tMe nmal~in~ unpaid. with inta~st accrwd ard ~II ma+srs s~cwed hsr~by, sh~ll become dw and W1r abl~ fathwith, a th~re~fiN. d th~ opt:on of s~id MORTGAGEE, u fully N+d oompl~tely a jf ~II of t7+~ s"sid aury~4 of mary w~ oripinallp ~tipvlaqd ro b~ p~id on such d~Y. snYlhY+p in ssid pramis+ay ~ot~ w in this Mw~ps~ to tM conrrary notwitMtindinD: arid tMnupon w the~Nha a~ th~ option of ~aid MORTGAGEE, withovt notio~ a d~m+nd, wit at la~v w in puiry, ther~foro a tM?~aft~r brqun, m~y be praa~cwed ss H all mon~ys Na+nd I~nby had rtwturd pti0? fo its irutitvtion. . _ . 7. That in tM ev~nt th~t at tl~ be~im&g of a ~t ~ny tim~ pendirg soy wH upon this Morty+p~. ar to ioredos~ R, o? to rMfon~ N, a to ~nfwc~ paymaM of ~ny daim~ Mrwod~r. wW MORTGAGEE sMll apply w tl+~ Coun h~virq jwisdictio~ thereof tar tM appantm~nt of a R~ceiver. wch Couif sh+ll fortliwith appoint a nceiwr of iaid matpsp~d property all ~nd sirgular, indudmp all ~nd sinpular tM h~otim~. profib. ksws and nwnws from wh~twK sowo~ deriwd, wth md avay d which, i1 b~inp ~xpnss~Y und~rttood. is Mreby mo~t~ag~d as if tqtifically wt fo?th and described in th~ ~antirg and hab~ndum clause~ lweof. ~nd wch RKaiver ~11 IMw ~II tM broad u?d effectiw functiau ~nd powen In ~nywis~ ~ntrustsd by a Cowt to a Rsaiwr, and such sppointnwnt ahall be mad~ by wch Court s an admtned equity and a mattar of ~bsolvte rigM to taid 1Y10RTGAGE~ and. without nfK~na to~tM •daq~wcy a krd~quacy of tM vslw of the p~bputy mwtyaped or to tl+~ sohrency or insolve~cy of said MORiGAGOR o? tM d~fendants, and that wd+ rents, profita„ k~e~e. iss~es and twenws shall b~ applied by wd~ Rectiver ~ccotdinp to tM li~n or p~rity of s~id MORiGAGEE ~nd 1M prattia of wch Court. d. To duly, pomptly +nd fully perfwm, di~cMrpe. execute, effect, oomplete, oomply with and abids by ~ach ane! every th~ stipul~ta~n,, apr~ert»nb, cor~ti~rss snd ooverynn in ssid pramissory eate and this mortyay~ set forth. 9. 7Mt in th~ ~+ne+t tM o~wnership of th~ mo~t9+ped P?tmises. or +nY P+~t thereof, beaomes vestad in • perton other tMn th~ MORTGAGOR, th~ MORTGAGEE, its aucceswn and ~ui~ns, m~y, witho~t rarice to the MORTGAOR, dsal with such wccessor a successor in interest with refe?enu w this [ mert~~pe and the d~W hKebp sscor~d in th~ sam~ mamer as with Mortya~or witlww in any way vitiatug a d'ncMrymp ths Mortyspors' liabiliry Iwe~ ~ unda or upon the debf hu~by secwed. No sak of th~ prem~ses hereby mo.tpsp~d a+d no fabeaance on tM p~n of ths MORTGAGEE a its wccesfon or sssipro ~nd no eaqroion of the tims for the psym~at of the aeb~ hereby :ecvred yiven bY tM MORtGAGEE a its sucusson w~ssi~ns, ahall op~r~t~ 1o r~kaW ~r~e, ewdify th~rg~ or ~ffett tht wipin~l li~bility of ths MORTGAGOR herein, eithu in wlwl! or in part. 3 - 10. It is spad~iullv apreed that ti~ne is of tM easence of tha cor~ract and th~t eo w~iwr of a~ryr oblipatan herax~der a of tlr oblipaYan te- curd l~by shrll at a~ryr th~ ther~afia b~ h~W to be a waiver of th~ tsrms hereof or of the instrwneet secured herby. 11. in .dd~rion w N~e fo?e~o:~ mon~hH wr~++~+n of w~r~c:P?~ a~d interest requKed by the promiswry nore aecur~d hereby, covenanb and prNS with each monthlY paYment an ~ddition~l sum estima~ed by mort~sspee to ~mua cost of follow- } - = A-/UI rsal property bxes levied or assessed apa~ ibed real estste. d-Premiums on fire a~d winds~orm ieaw ein requ' on the improvements sitwte on the above described premoes. C-Pr~rt?l~erw on s4ch maty anry iexwance as morsgagee sl+all from t~me to ' to csny on the loan secvred hereby. Mort~apee sh~ll fr to time notify mort9apor in writirg of tl~e amou~t due and p~ysblt her o~~uth wm shall thereupon be dw and payaW~ on tir te of tM nsxt monthly p+yment ~nd ~xh successiw month thereaftes until mwtyspee.ahall rai~f'~tne of a chsnps in wd~ amount. shall b~ applied by mort~apee towsrd the payma+t of real pioperty taxes, inwrance prem:vms, and mat~Ar~i~f inwru~u P~ i IN WITNESS WHEREOF, tM said MORTGAGOR has hereumo stt his h~nd snd seal ths day ~nd yeu first aforwid. W~ ~ ~ \ ? . . ~ i ~ a ~ ~ ~ S1ATE OF FLORIDA ~ i ~ SL. LtiCi¢ ~ ~ ' courm oF ~ e.tw. p,na„uy ,~.,~„d John J. L.anqel ,,,d M~IY 1{. I.a1'1961 his wife, to me rwil known aed known M nr to b~ tM Y+dividwb d~wi~d M~nd who uuc~bd tM for~poinp iratrum~et, and ackrawledp~d befon rn~ tFwt tMy ~x~at~d tM sun~ fw th~ purpow~ d,...s~ .~..d nea tl~...~d Mazv H. l.~anael ,,,~f. ,h. ~ John J. Lanael , ~poe, . ,p,,.w ,,,d prh,.h •a~mination br n» tak~n NpK.a snd aput fran ha said husband. aduwwNdpd b~nd befoh nr tIW sh~ ~~cut~d said InaltumaM fndy ~nd ro1~Nr tarily and wiM~o~M Mq? oomWkion. owrb~iM, appnhMM+o14 or fear oi a ftotn IMr laid hY~~d . WITNESS nry hnd and offkial wal L~ d.~, - A r i 1 o. 19 68 ~ ~ FILEO AND RECORD ~k f« s+.» or Fb. ~ t.~. ~ ST, WCIE COUNTY. FLA. Mr ~01""1i1O" "`~"`/o-t/-9/ ~ RMuM Toa FirM hdKal S~virq~ a loan A~soa~tan t t` i j: c- n r ~ i. n ~ a~ P».«. jss~l M~YTC~O~MISStON AEX~~R° Es ~ ii.~ ~ sw~oso ~~owM •wco r. o1~~rt~ •~~*L~ ..~4'` fwt Pi~.a, florida ~ . '68 APR 5 AN 10 : I I _ ~ - ; : . - , ~ ~ _ ~ ~ ~ :t_. ~ - : • ~ _ ~ « ared b'1 i.~ , a , u, ~g - _ a . ~ , L- ~ ~~{~ment CLERK GIRCUIT COU T . ,f• ` V. ~ first ~ederal Sa ~rce r ~ . ~ o~ ~ . ~ ~ ao~ 171 ~ 777 ~ ~ C~ . - ~ .r . - - - _ ~~z~ ~ -