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HomeMy WebLinkAbout1575 i .z ~1~~J To plap ~nd oon~kNwusN kNp on th~ buildinps now a M+~afta ~itwt~ on uW land ud on ~II p~y~nwM ~e?d pwtan~lip oova~d bt1 1~ ~R ap~, with all p~aniwn? tha~on paid in tvq, fin insur~nu in th~ uswl ~u~rd pol'~cy form, ~n a wm ~pprowd by tlw MORTGAGEF. and wMdqan~ leaunno~ in th~ uswi st~ndud policy fam. in a sum appwwd by tM MORTGAGEE: in wch comp~nY .o~ oompu?i~s a tIN MORT(il1GEE m~y dind~ and all fk~ and windiarm imwanca Pdici~s on any of ~id bviWuga. ~ny intNat th~rein a pat tlwrwf. h th~ p~rpaa wT aforaaid a In .sa.w ~h.r.of, sA+ll conuln ~b. wual u•ndard mo~rr9+~.. dau•. a•uch al?.r dws. as ~ ~Ib.+~.q.. m+Y nvv~r•. n+ak~q ~I~. ~oss w+d.r a.id pol} c1N„ ~ad~ and ~vKY. P+Y+bt~ w ~aid MORTGAGEE ti ia inrKat may ~p~ar. and ~ach and ewry such poiicy ~hall b~ prom~r a~:yeNd a~d ddlv+nd N ~nr hdd by ~atd MORTGAGEE u fw~ha ~eauity ro satd mataa~ d~W. and. not less tMn hn (10'! d~ys In adv+na of ~M ~xpk~tion of ~+ch Potky. a d? Iiwr b s+id MORTG~?GEE a nMwal th~nof, top~~h~r with a nuipt fw tM paniw~+ of wch .~rnw+l~ and tMro sh~lt be no fin a windstaa~ Ma~wana plaad on ~ny of ~aid buildirgs, aay inten~t Nw~ln a paN tMnof, unias in tM for~n'and with ~!w los~ payabl~ as itons~idt ~nd in tM ~wn1 any win of nqn~y becpn~s par~We wdK wd~ policy a polic~s said MORTGRGEE iMll Iww tM option ro nosiw and appir tM ~ an ~aa?n~ 01 tM i~wl~b~~F nw s~a~~d ha~by a w permit s+id MORTGAGORS ro receiv~ and us~ N w+ny psrt thereof fo~ o~ha purposss, without ~he.eb~ w~ivinp u impair- ~ ~^Y ~~Y. li~ o? riphf ~ndN or bp vittw of thh mott~+p~J and in tl+s tvent ts+d 1NG~TGAGORS shall fw ~mr naion feil to ksep the a~id pn+nisa ~o 4~svnd, or fatl to dtliwr pranptly anr of aid policia of inwnrw to s~id NWRTGAGEE, or fsil promptly to par ivlly 'u~y pr~mh~m tMnta w in uK nip~ct fail to p~rfoce?, ~chug~. ~x~aN~. ~f(~ct. oanPl~h. wrt~lY with ~nd abid~ by this covan+~d. or sny p~rt lareof, ~+W MORTGAGEE nry plaa ~~d Wy for wd~ irwaew~ w anr part Nwreof wiN?out walvinp or aff.ctGp +np aWion. It~n. wuity. w riqht w~d~r a by ~rirtw of rhis Mort9~p~, and ~M fvll amounl of Nth and wMy suth paym~nt sh+il b~ immd'at~ly dw ind p~yabls a~d shili best inhtesl hom tM dah.thKwf uMil y+id at th~ ~~N oi nln~ pK anMn pa arwwm ~nd togetl+N with wch intNeu sh+ll b~ s~cund by 1h~ lian of th4 more~spe. ' 1. To pwmit, ao~mst ot wffa no wat~. ia+P+tm,snt w d~taioration of s~id propKty a any p~rt t1~er~of. . S. To pay aU snd s4+pvlar th~~cost~. cMrp~s ~nd ~xWn+~s, incivdinp a nason+ble attornay's fee u~d oosts of abstr~cri of fitt~. in~wred w patd ~i ~ a~y tirM by said MORTCsAGEE. b~uus~ w in th~ ~wnt of tM fsilun on th~ put of tM uid MORTGAGOR ro duy. p?anptly u~d fvliy pKfonn, dachup~ ! ~xscW~, ~ff~et. oompl~t~, ~ompFy with and abid~ by ~ach and ~wry th~ stipvla~io~n, ~yrNments, caditiom~, and covsrunb of s+W promisswy nW~ snd ~ha i mo??O+p~ ~nY or ~itiw~, aed sa~d oosb. d++?~+ and ~xparres. each ~nd wsry. slal) be imrnedi~tely dw ~+d psy~bMj wf?etAcr or not tF~~ b~ nMki d? ; m~nd, atbmpt to adl~d or svit p~ndinyt ~nd tM full amount of ~ad~ and wery avch pr.~+s++~ sh+li bea intenst from t1+s date tMnof vntii paid st tM ra» of nin~ per osntwn per aruwrn: arxl all said cdsts, dw9ea apd, exp~nses inarned w p~id, ~op~tha with wch inar~sL sh~N b~ a~cwed by tl» li~n of thr ~ a. TMt W fn the w«+t of u~y brs+ch of this Morey~ w d~fault on th~ piA of the MQRTGAGOR or (b) in ths eveM ~ny of said wm~ of ~ey he.~b ref~~d ro be +at panpr~y ~od fu11y paid within thtrty (30) days rnx~ afre. ~he same severaty become dw u~d P+y+bl~ without ~Nawnd w noNa, a W ln th~ ~wM exh and wery the sNpvl~tia~„ pr~e~nents. conJitioos ~nd covNwnn of a~id promiswry ewt~ ~nd this mortp~pe any or ~itl+er ~n nao iuy. pompth and fu11Y pwform~d, dischuped, ezewted. ~ffLded, completed. canpl~sd with and abidsd by. tMn ia either oc any wch wMt th~ s~id a~ ~p~t~ wm m~ntiaNd In said ptomissory ~wM tl~en temairurg unpaid, with intertst acuved. and all moneys setwed hertby. sMll beaon~ dW snd pay~ abb fathwirh, a tMrs+NN, at tM option of said MORTGAGEE, as fuly aed canpkuly i: if all of the wtd wins of nwney we?~ oripincly stywb»d ro b~ piid an such day. anytAinp in ssid promissay eote or in this Mwtys9e to the tonlr~ry notwi?F?st~nding; and ~ha~~upon or there~fq? tM op~ea~ of ~sid NIORTCsl1GEE, wirlw~t notic~ w d~nd, wN at law w in pvity, therefore or thereaher beyw~, m+r be PnoMey(ed as'lf ;11"moneys s~cvr~d Mrtby had matured priot to its ir+stitution. ' . 'i 7. That in th~ want tMt at tlw beyinning of a at ~ny time pendirg ~oy wit upon this ~{rlortg~pe, a to farectoti it, w to roform it, o? fo Mfac~ paym~M of aey cla&ra M+eundar. said N10RTGAC,EE shall apply to the CouN havi~~g jurisd~nion thereof tor the appa~tment of ~ Receiver, such Cw~t ah~ll Fortliwith appoi~t ~ nceiw~ of said mwtpayed prop~rty all and sinyvlar, includ~ng sll snd singul~r the income. profits, issws and nvenu~s froen wMtever wwa dsrivsd. ~sch and ~very of wl+kh, it beirg ~xpressly vnders~ood, is hcreby mortgsged as if specificalty sN forth and d~scribed in tM prantiny u~d Mbandum cla+aes Mreof, a+d such Reoeiver shall have all the boad and effective funct~orn arxl powe?s in ~nywiit ertnwted by a Covrt to ~ Rscerer. and ~uch ~ppoiem~ent shall be made by svch Caxt as an sdmitted puity and a m~tter of absolute right ro s~id MORTGA('sEE, and withoW rof~r~np ro 1M ~dpu~cp a i~adeq~?+cp of tM wlue of the property mortysged or to the sonre~cy w~nsolvency of s~id NtORTGAGOR a the defe~xiants; and th~t wch renrs, profiri, incan~, issues and revenwt ihall be spplied by such Receiver accordinp ro the lien or equity of aid MORTGAGEE and the pradice of wth Court. 8. To duly, promptly ~nd fvlly perform, discharg~, execute, effect, complete. oomply with ~nd ~bide by each snd every tM stipvlatioro„ ay?cert~ants, conditioro and coven~nq in said promaiory not~ ~nd this mo~tgag~ set fath. . _ 9. ?hat in the went th~ owmrsl+ip of the mwf9aq~d premises, a any psrf thereof, beoornes vested tn a pKSOn ofher fhan fhe MORTGAGOR, th~ ; MORTGAGEE, its wccRasors ~nd aasipns, may, without noeice to ~h~ MORTGAOR, deal wi~h such wcceasor or sua~swr in interep wirh reference to this t mortaap~ and the debf Fw~ebr secw~d i~ the :am~ msnner u with AAortgagw without tn so way vitNtinp or d~scAarpirg the Mwt~aQws' iiabiliry hsr~. under or upon the debt hereFiy sea?red. No ale of the premises I+ereby matgsged and no~wbear~i~oe on• the pan' of th~ MORTGi4GfE or itt successon or auigro and no ext~nsion of the tirn~ fo? th~ payment of the debt hsreby secured 9iven by tM MORTGAGEi or iri waes~on or sssiy% shall opsrat~ ro nleas~ diidrry~, modify chanp~ or affect th~ oripinsl liability of 11he MORTGAGOR herein, ather in whole a in part. 10. It b spec~ficslly agreed thst time a of the euence of this ~nhut and th~t no waiver of any oblipatio~ Mrevrda~ or of tlw oblipatioo ~r a.red h.reby shau ar •ny ~in. Nxnafier be held ro be s waiver of rf+e terms hereof or d the instrw++eat aecwed herby. n addition to the fon9o:ng monthN payments of princ'p~1 and imerest req~i'ired by ihe promissory nore secwed hereby, morya w rwnf~ snd ap~ees to ort~~ with each ma~tMy payment an sdd~tional sum estimated bq mwt~agee to be eqwl to 1/14 of th~ pw o tM follow- i~9: ~ A-All re~l property tazes kvied or sssessed aga~ns ibed re~l estate. ~ ~ d--Premiums on firc and windsto~m inwrarue as here7n requ~red ovemenn silwte on the above dewibed prcmises. f C-P~emiums on s~ch mortg+ge gwr~nty i agee shsll from t~me to time deem on the loan secv~ed hreby. ~ Mwtgagee shall from time tify mortgagor in w?iti~g of the amount due and payable hercunder and s eu be due ~nd pay~ble on the dw e next monthly payment and ~ach succeuive month thereafter until mortgagee shall notify mortgagor of a c ' wch 'I amount. ahali be spplied by mwtga~ee toward the paymcnt of resl property taxes, inwrance prem:ums, and mortgage gwranty insw ' WITNES$ WHEREQf, the s+id MORTGAGOR has hereunto set his hand u+d K~I the day and r fint afwssaid. ! S~a ~nd del' in praerw of: f ~ ~ ~ n 1 4 ~ r TE OF FIORIDA ~ . ~ . . cou~rnr oF St. Lnci~ . e.fon P«.w~.ny .pp....d ei~Dh n. whit.~ ,na SYbil R. Wbite ~ tus W~t., ro me vwlt known and known ro m. a b. r!» b+dvidwb dwcrib~d in ~nd who ~x~cuted tM forepanp instrurn~nt, r~d scknowledQed before me thst they executed th~ sam~ fo? the pwpaN r~,...~„ u~p,a..d, ,~,nd N„ .•:a SYbil R. Mlhitt ,w~r. ot N+...id Ralph D. Mhite , upor, . sepa..t. «,a p~.t~ examin~tion by m~ takM wprr~N snd aput from he~ said h~sb~nd, ack~owlsdp~d w~nd b~efw~ m~ rhat sh~ e~acut~d said irotrvrrrnt frN.y and wlu~ t~~ilr ~nd without aror oompulaion, cansuaint, apprehens~oa+. ~cr~,ea~ of w from Iwr ~aid Iwsband. . ~ WITNESS +rqr hard and offkial wal 11~K f~ ~ d~y of A. D. 19 ~ Notary Pu fa tM Sute oi Florida at 4rp~ R.Wm Ta MY ~sc~- ~ / P ~ / / wa f.d..d swkps a loae+ M.ocNr~on • ' ~.i~ui! ' Yata~t P~6c. Sbie o! flarida ~t L~r~ a fon F~e.c.. ~ ~`l~): ~i,, t,,~,~ fdrt Pi~.ct. Flotida `~~`'l,•~,~pa.....~~~' `~~~~C~~~(~[~ib ~ ~ ~.~v ~••-.F. ?J , ~.y h _ . t. a ~ • , n~•~. , ' - ~ : C . . ~ ~ , FIlEO ANb REC ' ~c ' • : G - ST. LUCIF QRO ~ This iratrunK~ Pt~tt~d b~ - - _ , . COUNT ~Q first f~l~~I Sri. ~i ~OiR ASSn. G•' ' y R~'Ct1F~ VERfFYEpLA. , ~ _ Of fott PiertO ' ~ : ~ ' ~ ~ =~d~ . SEP 1 , ~ ?~0~$ ~ J. Collins - c' '~8 ~ 2 ~ 2Z , i HOGER Pp~=RA$ s : ~ , ~1~~~RCUtT COURT.~ ~t `