HomeMy WebLinkAbout1626 To pl~c~ and oo~tirw+ously kNp on th~ bvildinp~ now w Mr~aN~? slhiat~ on aid lu~d and on all puipm~et uid pN~oe~~lly cownd bY thM na.p~
ap~, with dl pr~miw~O tF~~on p+~d in ful4 fu~ i.uur~nu in ~F~e vtwl sundard policy fwm. ~n a sun~ ap~xowd by tM MORTGAGEE. ~nd v.ird~~orm
Gnwanp In t!» uswl sundard policy fam, in a aum approv~d by tM MORTGAGEE; in wch canp~ny w comp~nie~ a tM MORTGAGEE ~nay
dincq ~nd all M~ u~d wu~ann in~waea policia on ~ny of ~aid buildi~„ ~ny intK~s~ tF~~h: w pa.t d+n~of, in tM app~par~ wm ~fa~+id a
In ~zoea tMrwf. aMll contain ~M uwal sand~rd mor*papN clwH a such o~hN davs~ a th~ INatp+~ i+++Y ?~V~in. makinp tM ba ~od~+ ~aid poti~
dN. ~+ch ~nd ~wry. P+YabN a uid MORTGAGEE a in i~uKeu n+~y appa+~. u+d each w+d ~wry ~ucl+ policy shall b~ promp~ly ~ss:9~ed and delivK~d w
aey MW by uW MORiGAGEE u fwthu s~curity to ~aW mortya~ d~W. and. no~ I~s~ ri~ ~~n (1~ days In +dvanc~ of tM expir~tioe of ~ach po~~cy. a da
Ilvw ro s+id 1NORTGAGEE a ~a+~w~l iMnof. wp~tlw witA • rec~ip~ fa tM pnmiuen of ~ueh r~wd~ and tFwn tMll b+ ~o fit~ a winds!orm tnwranc~
pt~pd on ~ny of ~aid buildinpa, aMr iotaest tMnin o? put tlrr=of, unless in th~ fonn'and with tM bsa p+y+bl~ ~s ~for~uidj ~nd te tM ~vent any w.~+
of mon~y bcon+a naYable ved~r wch policy a policws s+id MARTGAGEE sh+ll Mw th~ option w noeiw and ~pply tM ~ on ~coa+nt o1 tM ind~bted~
nep s~cw~d l~sby or w pirmit said MORTGAGORS ro neeiw u+d us~ h a any put ther~of for orher purposes, wi~hout +ha~eb~ waivi+s~ er ~mpair•
~^O +^1~ ~~b. li.n a.iphf u~ds. or by virru. of this mortyay~ and in il+e ~ven~ uid MORTGI?GORS sMll fw u~y «awn fail ro k.~p t}r s.~d pr.m~s.s so
inw?~d, w f~Il b d~livu promptly aey of s~id policies of insun~w ro said M^QTGAGEE, or Iail promptly to piY fully any pr~mium th~reiw w{n ~ny
r~sp~et fail w pafocen, dnehary~. ~x~wte. ~ffM. eompleh. aomply with and abid~ by this coweant, a ~ny pa.t lurwf, said MORTGAGEE m+y pt~ ~n0
WY iw wd~ kawar~ or ~ny put tMreof withoul w~Ivin~ or aff~ctkg +nY eWion. ~Nn. puNY. or ~ipht under w by vi~1w of this Mwtyap~. and ~M
full ~novnt of ~acF~ and ~y wch p~yrnMt shalt be irtwmd'w»ly du~ ~nd py~bw and sh~ll b~ar interest from tM d+t~ thereof until paid N tM ra?~ d
nin~ pK pntwn pu anrwm u~d to~thsr with wdi intKqt aMll t» s~cvhd by tM li~n of this mortpapa
1. To pKmit, oomnsl o? wff~r oo w~sb, ImP+4msnt ar d~Mriowtion of ~aid p~op~rty o~ any pwt tMrwf.
5. To pay ~II illd iif1QYIN tM40~1i~ CIMfQ~f a11fJ ~Xpllriff. GKI11dinD a fNi01NWf a»wn~y'a fs~ ~nd costs of ~bstr+cts of ~itte, G~cwred a p~id ~t
•ny time by faid MORTGAGEE, b~caus! w in the ~wnt of tM failwe on th~ pirt of tl+e uid NIORTGAGOR to duly, pranp!ly ~nd f~lly parfwm, d~ac?ur~.
sxecut~, ~ff~cf. oompl~h, oomply with and ~b'~de br ~sd~ u+d every tM st~latioro apreement~ co~ditiwu„ and oownanb of said p~omiswry nw~ u+d tlw
martpap~ any or eiN+N. u?d aid cosn. ch~ryes and ~xp~nwa e~ch ~nd ~wry. ~MII be immedia~~y dw and psyabb: whether a eo1 tF~r~ b~ notici dr
mand, ~mm~ a eoll~et a wit p~n~eg: and tM ivll srnount of ~ach and ~+n.y wch paymont ~11 bes. i~tNfft frpn th! ~t~ tMNlOS vnril p~W a~ N~e i
rate oi aine oer cenn,~n p~ anm,m:_~nsl~Il s~id o3sts, cMrpes u+d ~xpemss incwnd o? p+id. IopstMr with such int~rest, shill b~ s~cwed by the IiM of Ma i
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0. 1'Mt W in Nw ~wnt of ~ny bread+ of this Nbrt9spe or defauh on tl+~ pa~t of tM AhORTGAGOR, o. (b) k? th~ ~veet s~y of ~+~d weu o~ moe~y
he~ein ref~n~d to b~ nW prompty ~nd fvlly p~id within thirty (3p) days next after 1FK sam~ severally becane dw and paysbt~. without demand w nwia,
w W in tM ewnt esch and ~very the stip~rbtioiu„ a9r~nn, cor?ditions ~nd ooven~ros of sa~d promissory noa and ttds mwtgape ais~r or N~hN are na
i~ly, promptly and fvlly p~.form~d. d'achsrped, exscvted, ~ffected. compl~ted, complied with ~nd sbided by. thsn in eithp w~ny such ~wnt ~M said ~
prqat~ w~n mu~ria»d in ssid promisswy not~ thcn ran+tninp unpaid, with imer~st sca~ed, and all ma+eys acurad hereby. sl+sll becan~ dw ~nd pay~
abl~ fonhwith, or th~reaher, ~t tl+~ optia+ of saed MORTGAGEE, as fully a~d compl~uly u if ~II of the said wms of momy wen oripi~alty at~pulated
ta be paid on wd~ dsy. anythinp in said promissory noM o? in this Mort~~e ro th~ contrary notwithst~nding; ~nd thereupon w ther~aha the op~an of
said N10RTGAGEE, without eatice w demand, suit at lawr or in puity, theretwe or thereafter bepvn, may be prosecuted as if all money~ sscvred h~nby
had mahxed prior 1o iq institution.
7. That in tM weot that at the beginning of w st uiy time pendirg soy wit vpon this Mwtpsge, w to foreclose it, w to nfo?m H, a to enfwq
payment of ~ny daims hereuncle~, said MORTGAGEE shall ~pply to the Go~rt havirg j~risdictan thereof fw the appantmcnt of ~ Receiwr, such Court ~haN
fortFiwith ~pQoint a reuiver of said morty~ged ptoperty all and sing~la?, indud~ all ~nd singular the income, profib, issws u+d revenues from wha*ew~
wura derived. ~ach ~nd every of which, it bein9 expressly unders~ocd.' is hereby rnortya9ed u~f specifiuUy set f«~h snd describsd in tM pr~ming aod
hsbendum clavses hereof, ae+d such Receiver shall have all the broad +nd effective ivnct~ons a11d pOWNf 111 illyWlft M1~Vi~KI Court to ~ Rsc~iver, and
wch ~ppointment shall be made by wch Court u an admitted equity and a rrwner of absolute right to said MORTGACsEE, and without r~~Kance w tAe
adpu~cy o~ insdequacy of tAe wlue of the prbperry mong+ged a to the sohr~~cy or insolvency of uid MORiGAGOR or the defendsms, and ~hat wch
rents, profits, income, iu~es and revenues sh+ll be applied by such Receiver accordiny to the lien or puity of said MORTGAGEE and tht pratlics of such
Co~A. ~ .
S. To d~y, p~omptFy and f~lly pa~form. dischsr~, execute, effect, oompkte, complY with and abide by each and every th~ stipvlation~„ agream~nts,
conditioru and oovenann in said promissory nme and tha mortpsge set forth.
9. Th~t in tM went th~ ownenhip of tM mortga~ed premises, or any part tl~ereof, beoo~~es vested in a penon other thsn the MORTGAGOR, th~
MORTGAGEE, Ns succeswrs ~nd usiyea, may, without notice to tl+e MORTGAOR, deat with such waessor or wccessw ie interest with reltrance to thii
mort~a~ and tM debl hereby secwed ie the ssme msnner as with Mortgagw without in ~ny way vitiatug a discharging the Mort9agors' liability Mrt-
under or vpon the debt hereby secured. No ssle of the premises hereby mortyaged snd no forbea~~nu on fh~ p~A of the MORIGAGEE w in auccessas
a augro u~d no eateruio~ of the time fw the p~yment of the ckbt hereby secured piven by the MORTGAGEE a its ~~cceuors or auigns, .lwll operat~
ro ~~Itas~ d"ach+rpe, modify ch~nye a affect the wiginal liab~l~ty of the MORTGAGOR herein, either in whole or in put.
10. It is specfiiully apreed that tims is of the essence of this contrscc and that no waiver of any obl'~gatan herevnder ar of the obli9ation ~e-
cured Mt~by sM1I st any tkn~ thereafier be held to be a waiver of the terms hereof or of the instrwrKnt secvred herby.
11. add'Aion to the fwego:ng mor+thly payments of princ:p~l and imerest requ'ued by the promissory note secwed hereb , mort covenants
and aprees o r agee wd e mon y paymen an a ~ ans sum es imat y mortgsgee to eqw to o t annus cost oi t
ing: •
A-All re~l property taxes kvied w ssses above described resl estate.
b-Premiums on fire and -windstorm irowance u herein requ~ improvemenri. sitwte on the ~bove describcd premise:.
C-Vremiums on wch mortgsge gw.snty inwrance as 11 from time to fit ro carry on the loan secvred hereby.
Matyagee sh~ll from time to ti ' tgagor in writiny of the amoum due and psyabk hereun d.s~um shall thereupon be due and
payablo on the dve next monthty payment and exh successive month thercafte? until mortgagee sh~ll notify mo~tgsg~nLa chanye in such
lied by mortgsyee toward the paymcnf of real property ta:es, i~surance prem:ums, and rtwrt9aye yuaian~Ty-i~ua2ce
premiw~q.
f N WITNE55 WHEREOF, the said MORTGAGOR has hereumo set his hand and ieal the day u fint ~faesa'
E S~a ~nd deli in pressnc~ of: ~
i h
~ '
~ . " '0
~ . n
~ rc.,~
~ SiATE OF FLORI~A t
~ COUNTY OF St• I.L1C1@ ~ ~ .
~ ~ P.,.,,,,~~y ,pp.,~ Ral~h E. Hensley
~ L.aVerda Hensley his wife, ro m. well kncw~ ar,d know~ w me fo b.
~ Me individwb d~saiMd M~nd who ~xecut~d tM forpoi~g iratrwmm, ~nd scknow{ed~ed befwe me that tMy executed th~ samt for th~ purposs~
~p~, ~„d ~ LaVerda Hensley
~ ,w~~. a N+. ..id , Ralph B. Hensley upo„ . s~p...t. .nd pr'~v.+.
e¦~~ernat~on by m~ takM s~paraM snd ~pan from her said hv~band, adu~ov+l~d~ed to and befw~ me tMt al+e ~xeM~d iaid irotr~ment fr~siy r+d vokrrr
r~r~ly «+d vr~thaA uqr con?pukion, conitraint, ~pprstxmion, or fear of a from h~r s~id h~sband. .
WI7NESS eny h~e~! wid offieial wal tl~~ia d~y of JLU'f@ A. D. 19
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