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HomeMy WebLinkAbout1521 ~ ~~.3 ' ~ ~.~`~.i~ To plaa ~nd contkwouslr b~p on tM buildiega now a Mnafta ~i1wN on uid I~nd and on dl puipm~+t and pawn+lh oownd b1l thu mo~t~' p~, wi~h all pnmivm~ thK~on p~id in fv16 fir~ htiwu+a in ti~ uwai uandud policy ~am. in • swn ~pprvv~d bY tM MWtTGAGEE. ~nd wind~torm ira~x~aa in tM uswl ~andud poliel? for+n, In • wa~ +PW~ h? tM MORTGAGEE. in wd~ canp+i+Y o~ oomP+ni~s a the MORTW1CsEE nWr d4af~ and all Hn ~ed wind~tonn inwrana pdici~s on +n~? of ~aid buildinp~, +nY {nNhst tMr~G+ or put tM~~of. In tM ~~9+N wm ~faas~id or In ~xoMS tMnof, ~hail aont~in th~ uswl aand.rd matQap« clwN a wcA otF~ dauM a tM ~Aorlp+pN m+y rpuin~, n+akinp tM loss w~ uid pol} ~ia. ~sch and way. Wrabl~ a s~id MORTGA<3EE a~:a intwaf nwy appw. and sad~ snd •vKy wd~ policl? ahall t» pranptN +a:~ned and d~lhrered ~o ~ny Mld bll said MORTGAGEE a fwtiwr ~cvrUy to s~id mortya~ d~W. u~d. no1 I~u than t~n (10) days In advar~ oi tM ~xplratlon of ~ach Pdk1?. 1o da liw~ b uW MORiGAGEE a ra+ewal tMnof. 1op~th~r witA a haipt for tM pnmiwn ot wch rernw+l~ ~nd tMr~ shall b~ no tin w winditam Muwaoce plaad an a~hr of saW buildinps, ~ny IntK~at tlw~~ or pirt tMrrof, w?I.s• in rlk form a~+d wi~h ~k. loss par•bl~ u ~M..s+W, .nd tn ~h. ~wnt aqr wm ~~y ~„p p~y~ w~ wc1, polkj, o~ policios s~W MORTGAGEE sMll Mw rM optan to reo~iv~ ~nd appty tM sain~ on +coowU of tht Ind~bNd~ Mp lKWNJ IIK~ OI b PM111N NW MORTCsAGORS 10 f~OMw N1d 1q~ If Of My part tlxvwf fw other pwposes, without ihe~eby waivi~y ot anp~ir• ~+~Y ~h. li«+ or ripht vndw a by virtue of thh maspyet ~rd in tM ~vMt uid MORTGJIGORS ~hall for a~r r~+wn f~il fo kNp the s~W pnmi~s so Maund. a fai! w ddiwr P~anWh? +~h? of said polici~s of Mauru~o~ to s+id JNORTGJ?GEE. a fail p?omptN ~ WY fi+~h? +~1? P~~+r+wn? thenfa w In any n~p~ct fai~ b pafomb dhcfwpe. ~x~cvt~,. ~fhct. oomPl.~a. aomplY with ~nd abid~ bl? this oownant. a ~ny psN hereof, s+id 1NORTGAGEE m+y p~aa +~+d WY fa wcA irowano~ a any pa~t N~nof withoW waivin~ a~ff~ctinp +eY oP~ion, ~i~n. puth?. a ripht u~de~ a by vinw of thti Mat~+g~. and th~ full amow.nf of ~ach and ~vKY ~ P+Y~ sMli b~ im~Ndiat~ly dw aod piy~bl~ and t1w11 bcu intKest f~om th~ da» thcr~of w?~il paid ~t th~ raN of nirK p~ pt~twn pK anrwm ud top~thu with wch int~.est shsll b~ ~ecwed by th~ lia~ of thit mo~e. To p~rmit. aomn+it o? wffK no wast~, YnpakmMi w dNKior~tion of said prop~rty w any p+rt tM.eof. 5. To p~y all ~nd sinqvla~ tFa costs. zIw9N +^d ~xP~wti indudinp a hasawbl~ attom~y's fw snd cwh of abanacts of titl~. incurced or p~id at a~y tim~ by ~+id MORTGAGEE, b~cws~ w in th~ ewM of th~ fsilw+ on th~ psrt of tM said MORTGAGOR w du1y. PromPtly ~+d fu11Y Puforn~. diKMr9~ •x~wh. ~ffsd. oompl~t~ oomplY with and abidt by ~~ch and avKy ths ~tipulation~ aareemn+~s. oonditiom„ and core~ann of said promissory oW~ ~nd this mortyap~ ~nY a~itM~. aod wid oosp,. ch+rq~s ~nd ~xpsnws. ~ad~ and tvery. shall be Lrrnedia~ely due and pay~bles whe~her w not Nwre b~ notiu ds mand, ~mmpt a coll~ct a wN pwd'nst and Mw full amow~t of e~ch and -~vKlr such P+YmMt sh~ll b~sr interest fran Me date thereof u~tit pald N H+e rate of n{~:per oenhrm per ~nwm; uid all s~id oosts„ tharpea and ~xp~nse+ inaxr~d ot p~id, top~thsr with suth inta~st, ih+ll b~ s~cw~d by th~ liae of this ~ 6. Th~t W tn tM w~nt of any brtad~ of thb Mot~p+p~ or defsvlt on th~ pan of the llhOItTGAGOR, or (b) ie th~ ew~t u~y of wid wms of nwn~T Mnin nMrnd ro b~ not promptly and fully peld within ihirty C~0) d~ys next ~f~e~ the same severatly bacoms dw and p~yabk. withovt dem~nd or notics. or (d in tht ~wm each ud ~wry the stipulations, spr~nM, conditia?s and cov~n~nn ef wid promissory not~ and th~s mort~p~ ~ny a~itFw sn no1 ivN. P~~~~Y +nd fu1~Y P~rfo?n»d• discFwrped, ex~au~+d. ~ifsc~~d, compl~td. ca~l~ed with and abided by. tFwn in tither w sny such went tM said ~ grpst~ wm mentiawd i~ said promiuo~ry not~ thsn ramainirg unpaid. with inter~st aar~ed, erd atl moneys tecvrod he.eby. shall bacwm dw and WY- abb fonhwith, a th~reaher. st-tAe optiw~ of ssid !MORTGAGEE. a hrlt~r ~nd completely ~s ii ~II of ths ~id swns of ma+ey wett oripin+lly stiputated to bs paid on wch daY, anythiig in said p~omissory nots or in th& Morty+9e b the contrary ootwithsundinp; and the?eupon or thereah~r at th~ optan of said' MORTGAGEE, without notice or dereand, wit d law or in ~WitY. ti~usfwe w Mroreafier begun. m+Y bs Pw~ec~+~ed as if all nwneys a~ard M?eby had irNtvt~d prior M iri imtitvtion. 7. That ~ tM went tMt at tM bagiMirg of a ~t any Yan~ pandiig u~y wit upon tlm Mortyag~. or to faeclos~ it, or to rofom+ H, or to ~nfora peymsnt of any dawns l~e~evnder, s+id MORTGAGEE shall apply ro*he Coun lavirg juradK~ioo ~hereof f« ~he appo~nnne++t of a Rsceive., wd~ Cowt shall forthwith sppoint a roceivtr of ~aid mwt~+ped property all u~d ~irg~lar, indvdug all and siryulu tM inmme. prof;ts, issves ~nd rovenws from wh~twK soura d~ived. ~sch +ad svery of which, it beinp expressly unde?stood, is he.eby mw~gaged as if specifically set fonh and dnoibed in th~ yrantirg and habendwn claus~s I~eof. and such Reaiver shall haw sU tM broad ~~d eNectlw fwxt~an and powsn in s~rywiss eomated by a Cowt to a Receive~. ~nd such appointm~nt shall be mad~ by wch Cowt ss +n +dmitted eq~ity ~nd ~ matter of absolut~ ripM to said MORiGACaEE, ~nd without referenn to th~ ~deqvaey a ircadeqwcy of th~ v~lw of the p?operty mwty+ped or to rhe sonrsncy or inwlvcncy of said MORTGAGOR w the defendams. u+d tMt wch rena, profits, incan~, issues u~d rwanws sh+ll b~ sppli~d by auch Receiva acaordinp w th~ lien or pvity of said N10RTGAGEE and the practice of wch Court. s. To d„ty, wo~wtb +~d t~iyr P«fo.m, d~~..~.. .x«~re, effect. ~a.wkre. c«~h .~d br e.d~ .~a .rery ~hs srt~ar~o~.,, .~.e~.~n. cond'dioM ~nd oovetwn» in said pramissory note and this mortysg~ set fonh. 9. ~t tn the event the ownenhip of tM mortyeped pramises, or sny part thereof, becanes ves»d in a pena+ otMr than th~ A110R1GAGOR, th~ MORTCsAGEE, ita succeswn u~d +ssiy~a. m+Y, without ratice to tha 1NORTGAOit, d~al with svch waessor or successo? in inte?ast with retaence to this _ ma.~ppe ~nd the debt hereby secvr~d in the ssrM mamer ~s with Mortyspw without in any way vitiatkg or disrJiarg'~rg the M~ortpsgors' (i~bifiry her~- under or vpon the debt hereby seaxed. No sale of tM premises hereby mortysged and ra fwbear~nce on th~ pan of ths MORTGAGEE or ib suoceswn w~ssi9ns ~nd no extension of the time for the payment of tl~s debt hereby secured 9iven by the MORTGAGEE or its wcceswra or auyns, sMH op~rat~ ro relesie, discl~+rye, modify chan~e a affect tM oriyinal liabiliry of the MORTGAGOR herein, either in whole o? in put. 10. N is specifically aprced that time is of the essence of this eor?tr~ct ~nd that no waiver of ~ny obllgation hereunder or of tFw obliyation ss- cvred haeby sh~U at any time tfroreafler be heM ro be a waiver of the terms hereof or of the instrumem secwed herby. 11. In addition ro the foreqo3+g ~+nontAlp pa~yments of princ:pal and lnterest roquirat! by the praoissory note secured hereby, mortgagor town~nts and ayrees to pay to mortgagee with eath monthlr payment sn addir'wnal sum estimated by mortgspee to be eq~al to 1/12 of the annual coat of the folbw- ~^9~ , . A-All real propery taxei kvied o? assessed against the above dewibed real esrafa . B-Premiums o~ fire and windstorm imwance a: herein required to be carr'~ed on ti~e improvements sitwte on fhe above dewibed premises. ~ C-Premiu~r~s on wch mwt~aga gua?anty 6auran'te as mortgayee shsll from .t~me to time deem fit to carry.ori th~-loan tecured herfby. ' Mortgapee sh~ll from t~me to time notify mortgagor in writing of the amount due and psysbk herew+der and such wm shall thereupon be due snd payabb on the due date of the nezt monthly paymeM and each s~ccessive month ti?ereafte~ until mortgagee shsll notify mortgago? of a charge in wth amouet. Such sums ihall be applied by mwtpsgee toward the payment of reil prope~fy taxes, inwrance prem:~ms, snd mortys~e 9wranfy i~wrancs QrQmilNtq• ' _ ' + ~ N WITNESS WHERfOF, the said MORTGAGOR has Mreunto set his h~nd and seal tM day snd yeu afwesaid. , pMd. Se and 'v~rsd in tM presena oh ~ i n . ~--o " ~s..n STATE OF FLORIDA ~ St . I.uci~ ~ lNlson S. Rolle d~fa.~ nr p~norwlly app.ar.d "'d Bssif Mu Rollf hi, ~vir~, to me w.n known .na wawn w w b. tM fndividwb dwcrib~d h and who ~ncut~d th~ for~oi~q inst~t, and ackrwwl~dpsd b~fon me that ti~ey e~~evted the s+rtw fw th~ pvrposss ~ ~ ~ ~ Bsaie M~~ Rolle wiF~ of MN wid 1~1i0!! B. 1~11~ upon ~ s~pwN~ ~nd prhr~t~ exunin~tion br nr taka~ wparaN ~nd ~A kan her said husb+nd. Kkrww~edQed to and befon m~ tMt sh~ executed said instrureNe?t frs~lr ~nd voM~ ~ tarily and withovt N~y aon~pul~fon, tw+str~inf, ~pp~elxe~' p f~~? of W fepn hK s~id husband. m ~ WITNESS my !wd ~nd official sNl tl~k ~y ~ ti st A. D. 19_~.. Notary ~nd fw the N of Fbrid~ ~t L~p~ , . . MY ~xPirek ~ R~+rn Ta , firN F~d~nl SavM~p~ i Loan Aaocbtion `~`,~~c1~t1~~~~~~~+ Of fwt Piaw. ~ , `n ~~Y ~K. ~it! 0~ AOfl+i it ~ - w.r Ps..~.. Fb.id. r;.~ ' o~~., 11~? Coi~i~sirs.~ires M4. b, f971 : tia~~e.~t..d.ac...~ocvr ` R - ~ i' ~ ~ ~IED N ~ ' ~ : ~ ° : ~ ~ : ~ ST, lltC1E ~ UNT R~EO ~ This Instrument Prepared By • ' ` ~ ~ p r. R j~ VERlF11Ep~'A. Fint fydefal Ssvinqi 3 loa~ As:ociaYwn s%': ~ ~ r`~ . ~ Pierc~ . ~ ~ . Q ~ ^ ` • ~G8 . ..~•r ~ G SEP . ~ ~ ~ ~ ~ : L . • cr,«~~ ~''v ° ~ ~ 10 ' q6 ROG ~ C~RK CIACttO TRag ; . ` ` _ ~ 1 CGURT' ~ ~