HomeMy WebLinkAbout1623 ~1` t' ~ ~~3 ~ ~ 3 ~
To pba and aontirn+owhr kMP on th~ buildinps now w 1?N~afbr Wwb on aid land and on ~11 squipnwnt ~nd pasen~ily oova~d bl? ~~~P
ap~, w;th ap pr~niw~ tl~wn p+id in Iu16 fin insu~u~a h the ww) uaodard policy ~an~. a w~n appra~wd by th~ MORTC3A(iEE. and wMd~wrm
kwurana b tM wwl at~nd+rd po~ih? fain. in ~ awe ~pprowd b1? tM MiORT~iA3EE. ie wd~ companY « oo~p+~s N th~ MORT(3/~~3EE may
dtnctl and ~II itn ~nd wNid~Wnn iiavr«+a poltcia on any of ~.~d 6uiwwp~, snr inN~ct Nwni~ or pan the.ws, N~ th~ p0..p~H sww .to~Nald «
M+ ~xaM NNrw/. ~11 eontaM~ tM uwsl q~ndard t~t9+ON a weh wl+K daw~ a eh~ Matp+pN m+Y nqu~n. matt^Y th~ Iws uedM aid poli~
dM, Nch and w~rY. WYabl~ a wid MORTCaAGEE as ia latKesf ~y ~pp~ar. and w~ aed fwry such po~kp s1uQ M ptOmpfly asqned M+d d~liwnd a
~ny beW by uW MORT~3AGEE a1 fwtiMt Nc~nity to s~id matpa~ d~bt. u?d. not le» than Nn (101 dayi in ~dvanco of tiw ~xpNatlon of ~ad~ policl?. M dr
liwt to a~W MORTGAGEE ~ r«ww~l tl~wf. wp~tha wi~h a nc~ipt for tM p.~nium of axh r~w~b M+d tMh shdl b~ no fln a windsronn M~anana
plapd an an~? of wid butldinp~. an~? hhrMt N~w~in a pat tMrwf. wdw in th~ fone'~nd with tM loss p~yabt~ ~s ~toniatdt and h th~ ~wet a~y wm
of niw~ey b~oonws p+yabN w~dir wd~ poikY o~ Po~icl~ aid MORTWKiEE slwtl h~vr tM option w no~iw ~nd pply tM s~nr on ~ooow?t o~ th~ M~d~b~
nps Ncvnd hK~r. a ~o pKmH said MORTGAGORS w~+aiw ~nd u~e it a any pa?f ~Mreof fo. o~he~ pwpos~s, without thxeby waivinp a i~air
inp +^r ~quih. lien a ripht w~da or br vfr~w of this mort~a~ ~nd in tl» ~v~at wid MORTGJ?GORS ~I++II fa any na~on iai) to kNp tM aid prarwsa w
in~w+d. a fatl w ddtwr P?~+MM +~Y ~ i+id polici~s of inswsno~ w saW MORTGAGEE, a tail pranptyr to p~r iu~h? P?«nium tMnfa oa in ~n~r
nip~ct fatl a pMfo~n~, dhcl++rpe. ~x~cu». ~ff~ct. oomP~. ~+PM wifh and a5id~ by tl~is oow~wor, or ~ny part hKwi. aid MORTGAGEE m~y plaa ~ad
WY for wd~ Inwrano~ or any part 1iNnoi without waNlnp a afhdinp +nY oWiw4 li~n. peib• o~ ?fpht vnd~r a by vktw of tNs Morpp~. and tht _
fi?11 ~nqwM of Nch ~nd ~wrY wd~ parn+~nf ~h+ll M~r~11? dw +nd WY~bM and shaN bar inNrMt from tIN d~N 1lwhOf until paid M th~ aN ot
niM pa aenlwi+ pa ew+um ~d topetMt witA wth ie~Mnst shall b~ s~cvrrd bY ~M li~n of th~ p~ortpa~e.
1. To p~ aonwntt or wHa no wasq. Y~P+km~nt o~ dMerioration of wid propKy? a any p~r1 tMr~of• _
S. To pay ali aed ~inpvlx th~ ~oos»,. d~+rpa +^d ~:P~aa. iaclvdinp s na~on_'~1~ ~tramy's fs~ sed aost~ of ~bstnc~s o( titl~ incund w p+id at
any tinw by said MORTGAGEE. b~auM a In th~ ~wnt d tlw failur~ on tf» P+n oi tM ~aid MORTGAGOR w dvly. P~~PH1l and fvlly pufam. d'
~x~cvt~. tff~a. eompl~t~. oomplY with and abid~ b~r ~ach ~rd ~wry th~ stipul+tio~a, aprNmenn. co~wlitioM. and oown~nn of s+id promtswry noh ~
monp+D~ +ny or «tM.. and sad oost~. dw0~s ai+d ~xPanses, sach u+d .vNy, th+11 b. imm.dia»!y d~is ~ed pay~bl~j wMthu a not Nwt b~ noRiei d?
mand. ~ w aolkct or wit pu?dinpr and tM fuN anww~t of wch a~d av+ry s~+d~ P+Ym~nt ~hsll bw intenst hom fM d~t~ tMr~of until qid af tM
r~t~ of nint pt~ aenhxn pN snwn~t arK! all wid c6st~, clw~e+ snd ~xp~nNt I~cwr~d a p~id. 1oWthu with wch iMU~st. ~AsQ b~ Mcund b11 th~ li~n of Nw
mo~f~~y~. ~ ~
O. tlwt W tn~l~ ~wM of any br~ad~ of tl~b Mapape w d~fauM on the F:+t of tM MORTGAGOR. w(b) in th~ ~vaM sny of ~+id wrns of ewoey
h~nin nbn~d to b~_rtot WomPtty aid fully p~id withie thirty (90) days nsxt aftsr tl+~ wn~ s~veraly becane dw and P+Yabl~. without dMnn+d or notict
Of G1 t~M WNIt NC~1 M1d fWfy 1~M ftipYl~liOM. iq?N~IlMf• OO~~?tiOn{ Mld tOwiHflb O~ Nid p~OrtliitOry fqf0 Nld t~fi{ IIIO~t~iQf illy Of f1HNf ~ft 1101
~11. P~~~Y and fuUy paform~l. ~clwrped• ~x~cutad effected. camPktad, comP~i~d with aod ~bided by, tMn in eithK a any wd~ want tM ~aid ~g
prg~n wia m~ntia~! in sad prombsory rwt~ then rNnsininp v~P+id. with intenst accn,ed. ~nd all nwneys secvnd her~b~/, sM11 b~oon+~ dw aod WY-
abb forthwith, or thK~aha, at tM option of s~id AAORTGAGEE, as tvlly and complettty as H all of the said wms of moiwy vwr~ aipinally stip~tated
ro b~ pa;d on s~,d, d•Y, anyrhiny in sa;d promissory earo « in tFm Mat~sQe to tM tootrsry eotwithsqndinp; ~nd therwpon or then+hM a~ tM option of
uid MORTGAGEE. without ratiu w de+~x~d. ~uit at la~r a in puity, ther~fon ot tl~eafter beyw+, may be pro~~cvted a if all moneyt wcund Mreby
had tnatu~r~d~priot fo iri iratitution. '
7. ihat in th~ went tM1 st th~ beyinnin9 of w at any tim~ pendirg soy wit upon tF~is Morty~, or to foreclos~ it, a to mfam it, or b enforp
psyeneM of any dsi~m here~nder, s+Id MORTGAGEE sh+ll ~pply to tM Coun havinp jurisdiction thereof for tM appantment of a Receiver. wd~ Cowt sMll
fatliwilh ~ppoint a naeivK of s+id mortgsp~d property sll ud sinpular. includ~n9 ali ~nd sing~rlsr th~ inc~nw. profits, issws ~nd nwr?ues from whatwK
aovra d~riwd. ~sd+ and every of whkh, h beirg expresstr understood, is hc~el~q~ m`ertgaged a if specifiuly s~t forth and d~acrib~d ln 1M p?~ntinp ~nd
r
MbN+dum davses haeof. snd such Reaeiver sh~ll haw ~II the brod ~nd effecrive fvndidns ark! powers in a~ryrwise entnat~d by a Cowt to a Rsoeiver. and
wch appointm~nt ~hsll b~ made by wch Cowt as ~n ~dmitted eq~ity and a m~tter of absdute right to s~id MORTGAGEE, and witlaut roferenc~ 1o th~
~dpuacy a i~+d~qurcy of tl» wlw of ths praperty mortgsped w to the sWve~cy o~ insolvency of said MORTGAGOR a the dehrnlants, and that wd~
renn, profit~, incan~. iswes and r~venues sMlt bs applkd by such Receiver ~ccordinp to the li~n a equiry of s~id MORTGAGEE and the practice of wch
Courf.
& To d~ly. P?omPtb uid fvlly pafomi, dncharye, execvte, effect. eomplete, oomply vrith ~nd ~bid~ by sach and every th~ stipulations, ~preemeMS,
cond'niau ~nd covatwnts in s+id promiuory not~ ~nd this mortpag~ set forth.
9. ?h~t ie th~ w~nt the owne~ship of the mwt9+yed Premises. or arry part thereof, becomes vested in a pason other th~n th~ MORTGAGOR. tM
MORTGAGEE, ita wcoeuws and assiyns, m+y, withouf notice to th~ MORTGAOR, desl with sucb successor a succeuw in unterest with r~faerKe b this
mort~ay~ and tM debt hereby sacwed in tht sam~ manner ~s with Matysga witFaut in ~ny w~y vitiatinp a diKh~rpiny tl» Mwt9sgors' lisbility iwe~
under w ~pa~ ths deb~ hereby secured. No al~ of ~he premises hcreby mortgaged u~d no fabearance on the part of th~ MORTGAGEE or in w«essors
w essipro and oo eat~nsion of the time fw the p~yment of the deb~ hereby secured qiven by the MORTGAGEE w in sucosssort a ~ssiprq. ah~ll operat~
to r~ast, d'ad~uye, modify chanpe w affea tl+~ oriyinal liability of the N10RTGAGOR hKein, eithsr in who~e a in put.
1Q It Is sp~tiP~cally ~reed that time a of ths essence of this co~tr~ct ~nd th~t no waivet of ~~y obl'g~tion here~rnder w of th~ oblipation
c1;nd Mnby sh~ll ~t anr time tlSere~fhl? b~ INId to b~ a waivtr of ihe. f~rnna hereOf. a of 1M Irntrument s~cured herby.
11. lo additiot? to ths fongo:^0 nw~pbh/ P+Y~~s of prioc:piT"~nd interesl raquircd by ,ihe; P~p^~~Y ~8~s sedired lirreby, mort9~gor oown+nts
and agrNS to P~Y to mortysp~e with sad+,mond+lY WYment an s~di~ional wm csiim~~ed:by mwt~aQse (o.be eqwl to 1~12.of the.±twwal oos~ of the fotlow-
; .
A-All resF property taxes Iwied o? ~assessed' agair~st the above' desvibed reaf estaro.~ . . . '
d-Premiums on hn and windstom[-~swa~e as h~r~in requ::ea ro be wtied an 'the imp?ov~eafs~ sitvate on tftid sboJe desvibad pemises.
C-Fr~n+ioiwi en=s4ch ~rt~e yuarmh? inwranc~ as-~nortgspee shall~i.ow~ tiM to: time de~m fit tb wry on tFr losn sewied hereby. '
~ Mony.gw .hall f.oen tim~ a time notify eowtgagor in writ~np of the aroount. due snd p~ysbla h.reunder ud wch wm shafl rhereupon be due ~nd
paY~ble on the due date of the neut monthlY paYment and exh svaessive momh theresfter urstil mo~tysgee d++ll notify mortgsgor of a charge in wch
~ amou~t. Such sums shall be applied by matysyee toward the payment of real propeny t~xes, inwrance prem:ums, and mortpaye guaranry ioswanc~
~ prMniuena
~ WRNESS WHEREOF. ttk ~iid INORTGAGOR hu hereunto s~t his hsnd and scal the day and fint aforesaid. • .
and tM p~e~ena of:
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K--n ;
. n..q ;
STATE OF fLOR10A ~ ~
52. UICIB } . ~ - . , . t
courm oF i
edo.. m. p~son.~h .pp....d Mos~ll~ McMillian • _ ; _ ~
Ca7C1'~~ MCMf 113iA his wife, ro nK well known and knowe to me w!»
t!» Mdivtdwb d~wibed b a~d w!a tx~cvud the fors~oinp instrwMnt, atknowkdy~d b~fo~ ene that tlwy ~x~wt~d th~ sarn~ for tM pvrpwrs
~ ~ ~ Carsie Mc llian
arife of tiy ~dd Mpltilf MC 11 i1f vpon ~ s~pwtle ~nd piva»
e~crninnion by n» tak~n wpwaN ~nd ~pa+t fran hK ~aid 1wsb+nd. ~duwwldp~d b~nd beforo m~ th~t ~M ~x~wt~d said 'wwnwmm fn~fr and voh~
ruily ~nd witho~M arqr aanq?aiaL caatraint. +PPrelrns~o~. or fw of ot fiam ha uid Iw~b~nd.
1MITNESS w+p iwd ~nd official wal th~ f.~.~ d~Y d A.~ D. 19 68
II.E~ AK~ R tY. ~ r~k ~«+d ra M+. s~.r. ~r F~~a. ~
~~r« ~ gT.1~C~~~`VFRIFIED c°""""`s°".~..k
wa ?.a...~ s.~. a~ k~«„r~ i~'c.C(: n ~ 1bt+ry PYbic. Sl~+te oi F{oridi at tar~
a wn P:..u. i~~- M~r Co~~~i.:a E,~a Sept. 23, 1469
P ~ ~O M'M' b A.«ic.. f:. a c..+, c..
fwt Pierp, Fto?ida
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ROGER PO ~ 1
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~'irst fed~tal Srl. ~ Asit1. EaK ~~aGUlt C - _ ~ Z
of Fort C~ , a- J, _
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