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HomeMy WebLinkAbout1036 ~ . .:`~'t:~ ~ ~;i; ~ To pl~o~ ~nd oo++tLwovsy k«p on tM bulldMgs now a hK~aftK ~itwt~ on ~aid I~+d +nd on ~II equtprnnt ~nd p~ria+aly aov~nd b~/ thh morp~ ap~„ with ~II pnmiuna tl~~on p~id in fv11. fin iniwanct in tM uwat sandud policy Mrm, in • s„~n approwd by tM MORiGAGEE. ~~d wind~rorm uaw«+a tn M. wual :t+nd~rd poticy fora~ in a sv~ .pprowd by fh. MOrtTW1GEE, in wd~ company w compaoi.s a th. MORTG/1GEE n+~y dtnct~ and ~II fM~ and windswrm i~xana polkih on a~y of ~akl build~ept„ ~ny tnqra~ thK~in or p~rt thorcof, h tM ayp~e9ab wn+ aforaaid or i++ ~ou~ tMrwf, sMll aont+N tA~ uawl ~qndard nwrqapN claw~ w wch otl+u ctaua as tM Mwt~+~ m+Y rpuir~. m+kin~i tht !ws undN said po1F ct~s. ~acA ~nd ~+r~r~?, WraW~ a s+id MOR?GAGEE as iK inNnsl en~y ~PP~+r. ~nd ~ach +nd ~wry wch poiky ~MII M promptly aa:~n~d u+d d~Rw.ed ro ~ny MW by said MORTGAGEE as ivrtha security ro said monp~ debt. and~ not I~ss th~+ t~n (10) days in advanc~ of tM ~xpiration of each policy. to dr tivw ro ~aid MORiWIGEE a r~newal rhtr~of. top~tF~u with a nc~ipt fw th~ phrniwn of wch rtnewalp a~d than sMli be no fu~ a winds~am inwru~c~ pl~od on any of s~id buiWi~p~„ ~ny intenst tMrein o? put tMrwf, vnleu in tM torm and with tM loss p+ysbl~ ai ~faesaid~ ~nd in tM ~wM aoy wm ~~Y ~~a P+Y+bI~ wwJ~r wd~ polky a~ pdici~s said MORTGAGEE shaH Mw tM optan ro nceive and apply the ~ame on accovat of tM Gxl~bted~ n~ss a~tw~d h~r~bp a b petmit said MpRTGAGORS W npiw and w~ it pr any part thereof /w other purposes. wi~houf tF?sreb/ w~iviny or impair- U+0 +~Y ~W~h. li~n a riphl w+d~~ w by v4tw of tAis rnoct9+~j and io tM ~vsnt uid MORTGAGORS shall fw ~e?y roason fsil ro keep ths wid pnenises w inwnd, or faif b detiwr promptly ~ny of ~ald policies of Inswa~ 1o ssid MORTGAGEE, or fail promptly to pay fuily soy premium therefw o~ in ~ryr ~ap~c~ fail b p~riorn~, discl+iry~. ~x~cut~, ~N~ct. oompl~t~, comply with a~d abid~ by thq aovenant, o. ~ny pan hereof, ssid MORTGAGEE may place ~nd WY fa wd~ irowano~ or any part th~nof without w~ivinp ot ~Hadi^p +nY cPttoe. ~ifn, tq~riry. or riyht ur~dK a by v?.fw of this Ma1~, ~nd the ~,ii «how» of .sd~ +~+d w«r W+d~ arm.~u s~+u b. ~+,.d'Nt•y dw ,~d P.y.~. s~,d ~„u e... intereat from th~ d~» thereof untit paid at th~ ran oi ~ n~M PK an~wn p~r arrwm and topether with such intersst thall b~ sscurod by th~ lien of tfiis mort~s~e. 1. To PKmit. aoan~it a wffK oo wast~, Mnpairn?ent a d~terio?ation of said prqxrty w any p~rt th~reof: ~ S. To pay dl ~nd tinpuiar th~ cwy, cAirp~s ~nd ~xpe~sfs, tncludinp a ~NSOnable attorney'i f~e and oosrs of absh~ds of title, irKUrred o~ paid at i eny time by wid MORTGAGEE, b~cws~ a in Me ewnt of tM failure on the parf of tM said MORiGAGOR to duly. promptly and fullY p~rform, d~xhary~ sxacut~. ~ffsd, aompkt~, eomply with a~d ~bid~ by ~ach ~nd every the stipul~tioro. ~preeme^ts. co:?ditio~s, snd wvenants of s~id pramiuory ~ote a~d thb ^+wty+p~ +e~r or ~ithn, arw! ssid ceat~, cMrpts ~nd ~xpenw~„ each and ~very, ahall b~ imn+ediately dw and payabl~r wlxthe? w rat there bs notice ds ma~d, attempt to collect or wit p~nd;np; ~nd fhe {~II ~mount of eac.h ~nd~every ux!? p~yme~t shall bear interest from Ihs dat~ thereof ~entil p~Id at the rate of nine. p~r aMtum per smwm; and all s~id eosts, d+aryes ~nd expsnses Incwred or psid, topsthe~ with s~rch intaqt, shall b~ sewred by th~ lie~ of N+a ^+ortD+D~ b- 11~+t (aj in Me ~wM ~f ~+y br~ad~ of this Mortyap~ or defa~lt on ths pan of ths MORTGAGOR, w(b) ;n the event ~ny of said sums of nwn~y herein refarred ro b~ not prompNy and fvlly p~id wi~hin thirty (30) dayt nsxt afte+ the same severatfy becwne due and payable. without drmand o? notin or in th~ ~v~nt each u~d ~wry tM stipulataea. ~preema?ts, conditans and coven~nb ot said promissory ~ote and this mortpa~ ~ny or eithu ~re eol iuly, prompty and fvly periorm~d, discharyed, execvted. effected, compl~tad. compl;ed w;th snd abided Sy, th~n in ~itiar or any auch ewnt tM ~aid ~ qregaM wen mer~tioned in said promisipty ~ote the» remaininy unpa;d, with interest scuued, and a11 moneys secured hereby, sMtl becwn~ d,?t and pay. able fwthwitly p thsre~fta, at th~ option of taid MORTGAGEE, aa fully and compktely +~s if all of the wid s~ms of money were o~ipinally stipu{stcd to be pa~d on wd~ day, anythiny in sa;d promiaaory ~ote or in this Matpape ro ths contrary notwirhstsnding: and the~evpon a thcreaftd at ths option of ssid MORTGAGEE, without rwt;ce or demsnd, wit at law or in puity, ther~fwe a thereahe. begun may be prosec~ted as if all moneys sacured hereby had mifured ptior to its Gqtitutioa. 7. ?h~t in tM ws~t that at tM begine~i~g of or at any time PendinD +~Y wit upon tha Mortgage, w to fwectose h, or ro reform it, w to enfwc~ paymem of sny da'uns herwnder, said MpRTGAGEE shall apply to the Court having jwisd;dion thereof Eor the appointrt~t of ~ Receiver. such Court ~all fwthwith appoint a reoeiv~r of said mat9aqed property ~N and singular. includ~ng all and sinyulu the income, proiits, issues ~nd revenues from what~vsr wuru dwived. ead~ and ~very of which, it beirg expressly unders~ood, is hereby matgsged ~s if specifically sel forth ~nd desuibed in the ~~antinp and habendum cla,ues hereof, and wd~ Receiver sh~ll haw all the brosd aod effecrive funct~ons and powcrs in aoywise entrusfed by ~ Cou.t to a Receiver, and :uch appointm~nt ahall be m~d~ by ~vch Cowt ~y ~n admined eqvity and a matte~ of absoluro right ta said MORT('sACsEE, and without ~eference to ths +deq~~cy or in~dequ+cy of th~ vslw of the property mortyayed w to the aohrency w;nsotvency of said ARORTGAGOR or the defendants, ~nd that such rents. profits, income, iswes a~d ~evenws shall be applied by wch Reteivsr accord~nq to ths lien or equity of said MORTGAGEE and the prsctice of wch Gourt. 8. To duly, promptly ~nd fvlly parform, d'ucha~, execute, effect, compkte, aomply with and ab'~de by ead~ and every ths stipulations, y~eeme~y, conditions and coveMnb in said promisyary nots and this morty~ge set fath. 9. That in the event the ownenhip d the mort9sQnd premises, w any parf thereof, becon~ea veyted in a person other 1Mn fhe MORTGAGOR, th~ MORTGAGfE~ hi wcces~on and au;Q~s, may, w;tho~f notice to Ihe MORTGAOR, deal with wch Yvcces:or a successw i~ interpt with refererKe ro lhis mort9aQ~ a~d the debt h~reby satured in tM sams msnner as with Mortgagor without in any way vitiaYug or distMrging ths Nbrtgsgcn' lisbility hera under or upon th~ debt hereby secvred. No s~le of the premises hereby mortpaged and no forbea~ance on the ptn of the MORTGAGEE or in waessora o. augm and no eztensioo of the time fw the p~yment of tF~e debt hereby secured ~iven by the MpRTC,AGEf w its wccesson or ass;pns, ,ha~~ upera~~ ro rekase, d'ischsr9s. modify ch+npe or affect the origin~l (isbility of the MORTGAGOR herein, either in whofe w in put. 10. H b spec~fically sgieed that time is of tfie essence of this contr~ct and that no wsiver of any obligation hereunder or of tM oWiyation ~e- cured hsr~by sh~ll ~f ~ny time'thereaf~er be iald to p~ i waiv~er of ths terms hereof o? of the instrvmeM sec~red herby. 11. In addition to the forego:ng monthly psYments of priec:pal s~d interest required by the promissory nole secwed hereby. mortgagor covanany and syrees to pay to mutyagee wit¢ each monthly payment a~ additional sum estimated by matgagee.to be eqw( b 1/12 pf the annual cosf of the fdtow- +n9e = A-AU real property t~xes kvicd w ssses:ed against 1he ~bove described real estate. B-Premiums on fi?e and windslorrn insurance as herein rcqu~red to be carried on the improvemeny iA~ste on the above described premises. C-Premiums on such mottgsge gw.anfy insurance as mortgsgee shall from time to time deem fit to carry on the loan aecured hereby. ; Nbrtgagee thalt from time to time notify mortgagor in writirfg of the amount dve and payabk herevnder and suth sum shall thereupon be due and ' payable on the due date of the ~+ext monthty paymeM snd each successive mo~th thcreafter ur,til mortgagee shall notify mortgagor of a change in wd~ ~ amount. S~xh sums shall be applied by mortgagee toward the payment of reat propeny taxes, insvrance premiums, and mortgage guaranty insunnce premivms. t 'n IN WITNESS WHEREOF, the said MpRTGAGOR hss hereuMO aet his hand and seal thc da and ~ y year f'ust sforesaid. l 1 sq~. s..~.a .na ae~iv...a in the aes.no. of: ~ : ~ . ',l --~~n ~ ~ " ~ _cs..n K--~ STATE OF FLORIDA ~ . - ! St. tuci• ~ ~ ~ countir oF e~rw~. m. P.nw„ly .pp...ea Oacas Gt. BsOOka ~ ~tty B=Op~ ha wife, to me wetl knowo ~nd krwwn tc me to b~ ' the i~divtdwls dewibd tn ~nd wbo t~uaitd ti~s forpoinp irotrument, ~nd ~clv+owledped b~fon ms that Niey euecuted tfis same for tM purposes E ?heretn ~xpnwd. And th~ ~.+d__ B~tty D. BZOOki wil~ of NN Mid OfCi!' M. 8l~Ak1 uppn • Nparat~ N~d priv~b exarn;naY~on by m~ t~ken ~epus» and aput from hN sa;d lwsb~nd. ~cr~o~edged ro a,d b~fon m~ thst ahs executed s~id i~atrvment h~sly and volwr rarily and withaA +~Y compulsion, oonsrr~int, ~ppr~h~nr~~~a4~ fea of or from he? said M,~nd MIITNE55 my h+nd and offiwl sM! thK :1~ ! diy of ~1 it A. D. 19 6g ~ _ i ' NW~ry Public in .nd fw ~h. 5~•a of Ftaida u l.rp. • f RMwe Ta • . 1MY Con+missiw~ ~xpira: 9. ~ 3+(~ 4 i . ~se ur~tr+. F1..t hda~l sa,nnps a to«+ A.wcc.ran Not~rl? PrbGt. St~k of Flo~id~ ~1 (,uq~ Of Fat Pi~rt~. . .i:~.~~ . ~ . i~ (~f10w ~W ~j„~;. ~Q6. FoA Piera, fbrida V' ~I ArwtM fM ~ 4~, G. - : ;s ' - n ~ ..~'y'r , y % ~ 7~ Q ' 1: T~ This Instrument Prepared By . ~ ` ~ ' ~ ~p ' Fint FedKai Savings b loan Association rv ~ ~ y i • f Pisras ~ ~ 'ti~ ..c:~'' ~ h ~ co ~"`3 m'2 i , Cp ~ 0~ ~ Chedced By ~ A' ~i c ~ } n ~'1 ~ n i R c u' ~ ~ ~ g~1?'3 t~~1027 ~ ~ ~ ~,o ~ ,b ~ ' ~ ~ - ' ~ ~ af ~ 0