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HomeMy WebLinkAbout1628 1 To plan and continuo~~h kNp on tFw buildirqs now o~ MrNffN ~itV~i~ Ofl f~if~ I~t~ ~f1d Ofl ilI fqVipRlfflt ~~d p~?wnally covK~d b~? tAi~ nw~q~ 3 p~, with ~II pr~mweA tMreon p+id io fuil, fin iasvt~nc~ io tht usual stu+dsrd p0licy fwm, ~e? • swn apptov~d by tM MORTGAGEE, a~d windttorm inwru~a In tM wwl panda.d poliq fart4 in ~ sum •pprov.d by ~h~ MORTGAGEE. i~+ wch company o~ cornP+nws as th~ MORTGAGEE n++y ~ dindt ~nd ~II fin ~nd wiMktorm ins~r~nc~ polici~s a+ any of seid build~nps. ~ny inttrp~ ~F~ein o? part 1M~wf, in tM pyrey~re wm ~faesald or I~ ~xc~a~ thenof, ~MII contain t1N wwl standud ma~p+~a claus~ or such other cla~s~ at tM Morty~pse may roqvin. m~kinp tM loss ue?dN u~d pol4 da, ~ach and ~wry, rsvabl~ to ~aid MORTGAGEE ss in inMrep may ~ppNr, and each and ~very s~ch policy shatl b~ promptly +u:yned u~d d~livKed ro any Mld by s+~d 1KORTGAGEE a tunha acu.ity to s~id morty+~ d~bt. ~od. not I~st than t~n (10) d~ys io +dvu?c~ of tM txpiration of ~~ch polity. to d~- livsr to said MORTGAGEE • ree~wal thereof, top~~hK with • fKf~pt fw tM p~~mium of :uch ~~newalr +nd tMn aMll b~ no fin o~ wi~ds~am inwr+nc~ ~ pl~pd on ~ny of saW buildinps. MY i11fNli1 Nlfffill Of part thenof, unless in tM fo+m'a~d wi~h ~i+e los~ payabl~ u afa~ui~: W+d i~+ tM event ~ny sum ` of ma+~y becorn~~ p+Y+bl~ ~^dN wch Pelity a polici~s taid N10RTGAGEE shall~Mw tM optio~ ro receiw and +pply tM swM on +cca+e~ 01 th~ ind~Dt~ ~ nefs ~ecynd Mnby or b pKmi1 Nid MORTWIGORS ro reteiv~ ~nd vs~ it or •ny part tAereof fw other purposes, wilhout thsrebr waivi~y ot impair- Inp anY p~ity. lien a rpht under or by virtw of this mwtp~t u~d i~ tM ~vent aid MORTGAGORS ahaU fw ~ny nawn fai) to ka~p the s~id pnmises w ~ ~nswed, or'hil b d~liv~r promptly ~ny of said policies of iniursna ro said N10RTGAGEE, w fail promptty to psy futly ~ny premium therefw or in anY rsspad f~tl b pKfan~ disch+~9e. ~xea+t~ ~ff~ct, complete. canply wirli W+d abid~ by this cover,aot, a a~y part I+erwf, ssid MORTGAGfE may pl~ce and paY fo~ wch Myurx~u pr ury parl tMnof withovt walvinp a aff~cti~+p any optan, li~n. puity. a ripht ~ndK or by vinw of this Mort~ap~. a~+d tM full amo~nt of escA ~nd wery wch WYment ahall b~ irrwnedNtely dw ~nd p~yabl~ and shall bsu i~tKest fran th~ dat~ therwf until paid M tM rat~ of nin~ pN ttntum pN ~nnum ~nd tt~geti+e? with sutA i~+taest shaU bs Kcv.ed by th~ lisn of this ma~y~. ~ 1, To p~rmit, oommit or suffK ~o wut~, 4apa'ament or deterioratio~ of s~id prope~ty or +ny P+A th~reof. ~ S. To pay all and sinpulsr the.costs, chu~es u~d expenses. includirg a reaso~+ble ananey's fee and oosts of sbsa~cts of tiNe. incuned w paid at any tim~ by said MORTGAGEE, b~caui! or in tl» twt?t of ths fsiluro on 1M part of the said MORTGAGOR ro duly, promptly and fully pe.fwm, d~xha.ga ~ e~eacut~. ~ffsct. tort~plet~. complr w~th u~d abid~ b~l each and eve?y the sY~pulations, ag~eements. ca+ditions, ~nd covenants of said promissory noh and th~~ mwt~spe ~ny or ~itha. and s+id coits, chup~s and exper+ses. sach and eve+y, slull be immedi~tely due u+d p+Ysblr, whether w not ther~ be notice da m~+d, attempt ro colktt a wit pendnq; and tM full arewvnt of each ~nd wery svch payment sh~ll bea. interest from ~ha date thereof ~ntil p~id at the rete of nine per cenhim pa ~nnum; and all said cdsts, chugst snd expenses intwred a paid. toptte~er with such inttrest, sh+ll b~ s~cuted by th~ IiM of thu 0. Tlwt in the event of a~ryr bre~ch of this Mwt~ap~ w defsult on t!r pah of the MORTGAGOR, w(b) in tM event ~ny of s~id swns of money heretn r~ferr~d to bs not promp~ly ~nd fulFy p~id within th'uty (30) days nex~ afte+ the same severalty become due +nd p+Yabk. wi~ha+t da^~+^d w not~ce, or (c~ in tM ~wnt exh and every the stipulations, ~greements, conditions snd toveMnq of s~id promisso?y note and th~s mwtgspe u+y a either ar~ no1 ; i~ly, Pro~~y .~d F~ihr pe.fo.~+.d, d~scMrged, executed, effected. completed. compGed with ~nd abided by. ths~ i~ ei~her or u+y svch ewnt tM said a¢ ` pre~sl~ swn rt~?tion~d in a+id proe+iuwY note then remsininp unpaid, with interest accrued, and all moneys secvred hereby. shatl bccom~ dw ~rxl p+y~ ~ •ble forthwith, o? thereatrer, ~t the option of said MORTGAGEE, as fully and completely as if slt of the said sums of money were agin~lly stipulated ~ to b~ paid on such day. s~ytliu+y in sa;d promiuory note w in this Matg~ge-ro the contrary notwithstanding; and thereupo~ or thereafte? ~t the option of ~ said MORTGAGEE, without ~otice a demand, suit at law o? in eqvity, therefwe or thereafter begun, maY be prosecuted as if ~il ma~e~n saturd hereby had rtatured ~rot to ~n i~u~iru~ion. 7. ?h~t in tM event that ~t the beginning of or at any time pendin9 soy suit upw~ this :~1o~tgage, a fo fweclose N, w to rcform it, a to enforc: payment of ~ny claims he.eunder. said MURTGAGEE shall apply to the ~ourt having jurisdrction thereoi fw the appo~ntmtnt of ~ Reteive~, such Court slull fortliwith appoiM a receiver of said rtwrtgaged property alt and singvlo, includ~ng all and s~noulu the income, profits, iswes ~nd revenues from whatever wuru derived, exh ~nd every of which, it being expressly unders~ood, is hereby ma~gsged u if speccfically set fw~h and deur~bed 'en the p~~ntirig ar+d habendum cl~uses hereof. ~nd such Receiver shall have all the broad and effettive funct~ons a~d powera in anywise emrusted by a Court to a Receiver, and wch appointmeM shall be made by such Court as an admitted equiry arxi a matta of absolute rigM to said MORtGAGE~, and without reference ro the adequscy or in+deqwcy of the wlw of the property mo?tgaged or to the wtvency w insolvency o~ said MORTGAGOR a the defendants, ar+d thet such renn, profits, incane, iss~es snd revenues shall be applied by such Receiver accordin~ to the lien or equiry of uid N10RTGAGEE ~nd the p~actice of such Co~tt. 6. To dvly, promptly and fully perfwm, diuharge, e:ecute, effect, complete, comply with and abide by erch and every the stipulstiau, s~reemenb, conditaro and covcnanti in said promissory nots and this mortgage set forth. 9. TMt in th~ event the awnenhip of the mortgaged pmmises, or aoy psrt thereof, becanes vested in • penon other than the MORTGAGOR, tM MORTGAGEE, ia wcce~sas and auigns, n+aY, without noticc to tha MORTGAOR, deal with such successor a successor in iMerest with retcrence to thia mort~age snd the debl hereby secured in the same manne? as with Mwtgaga without in any way vitiating or diuharging the Mortgagors' liability hsra under w upon the debt hereby secured. No sale o( the Frem~xs hercby mortgaged and no fwbearante on the part of Ihe MORTGAGEE p its successon 4 w assgro and no eatension of tF+e time fw the payment of the debt hereby secured given by ~he MORTGAGEE w itt successors or ~ssigns, •halt operate ~ ro release, dischsry~, modify chsrge or affect the wiginal liability of the N10RTGAGOR hereit~, eifher in whole a in pu!_ ; 10. It is specifically . agreed that time is of the essence of this contract and that no waive~ of any oblgatan hereunder or of the obliyation sr c..red hsreby shall n any tirix thereafter be held to be a waiver of the terms hereof a of the instrument secu.ed he~by. t and agr o with each mont ly payment an addi~' al sur1~ est~rtu~ed by mortgagee t be equal to of the a• t o the llow- ~ ing: All real property sxes kvied a a ssed against the a e estate Premiums on fir and windstorm in rance as herein r ;red to on the im situate the above d ribed prt s. -Premiums on s mortgage guar gsgee shall f ttme to time fit to carry osn ured hereb Mortg~gee s1,~I1 o time tify mortgagor ~ riting of the mount due and pa ble herev and such wm reu be due and I paya e on t e of the r+ext thly payment a exh successiv month thereafter u il mortgagee II ~otify mo gagor o e in uch I am ~ ~ ~ k m~ i IN WITNESS WHEREOF, the ssid MORTGAGOR F~~ ' a~ seal the day yesr fiirst foraxid. ~ ~ Se+ and ed in the p~esence of~~~TUSa 1~ INTAMCI ~~'w ~R POIT cM~ER ~j~'iRSpp~ r, ~ ~i4$~ ~rt ~ ACTSpf.l ; St• '40""f 1br ~tJ~tTrs ~ ~'~1t'~i? Co~,t ' rc-.n ~ - . t.c:. ~a,~,~, M~,a ~ toa n-,q SY STATE OF FIORIDA $t. L11C1C ~ COUNTY OF DE'?V Selp~ en~ perwnally ~pp~ared Dock Phillins ~C~RK ,~d Agnes Loretta Phillitys fiis wife, to me well known and known to me to b~ rhs individu~b described lt+ W+d who ~aecuted the foreyoiny imtrument, a~d ~cknowledged beiwe me that they e:ecuted the same for tF» pwposes rh.~•~, .xa....d. n~d r?» A nes Loretia Philli s ~ ~ «~r. o+ th. .,id Doe P 1 lps vpon .,ep.r.te .nd Priv.t• ~ •¦~mination by m~ taken s~parate ud ~psn from her said hvsband. Kknowledged so and befwe rt?e fhat iFa eaetuted said instrumtm freely and volw? i t~rily ~nd w~tho~t ~~yr compul:~:., cautraint, apprehension, w feu o~ or from her said husband. ~ WITNESS my !»nd a+d offic~al ssal th;s ~y o{ July ~ p. 19 68 ~ ; _ ~ Nots ubl~c in and fw t Satt of florid~ ~t l~ry~ ' ~ My omm~ssio~? expirn: ~c.~ . L~ !9 ~ i ~ Retum Ta. A Cb s first f~de~al Savinps i loan Asfocise~on ~ Netay PuWic. ~jte of d larqt N ~ s ~ Of Fdt P~erea. . , et,•~~ ~ ~p~A1K ~9nD' ~ ~ fo» P:erca Fbrids ~/~/wr ,iiA~ Cy 7~r~ ~ ~ ' ~.~i> . AR~ 'n~ ~ ~ ~ Ci^ ~ ~ ^1 :):~12 A ~ ~ This instnuneM prepsred ~ ~ . ; ' ~ o ~ ~ v . ~ ~ ° ~ first F ral Sav. b Loan Ass~. c U n ~ + vz~ Piet~e - ` ` ~ ~ o ~j -+o ? . ~ ~ ~ ~ ~ '~~l ~j ;"~t~ ` y ~ ~~0 , . ~ V ~ D O •~~:~i~~`~~ w ~ ~~~72 ~.:i~~ ~ ~ s - , ~ ~J , Y.~--,-~~~':= ~--1 : - _ _ _ ~ ~ -~~~~F~~;: . _ x~`_==