HomeMy WebLinkAbout2232 . • ~ ~ • i .
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qa wtthTal! pwnswe. h.~.on p~id~ tv~il. f~.~r?.w~u~~ N;. u~i
~s+. d«a po~
~forn~. in sum ~~a~wd by th.
~R
GA~sEE,~. a M+d~i~
inawana in th~ vtwl ~~andard poliey fara~, in ~ wm ~pp~owd by tM NIORTGAGEE. Y? wch oomp~nr a aornpanip aa th~ MORTGAGE! mar
~ct1 ~nd NI Ar~ ~+d wind~~w~n irawano~ poticiu on ~ny of iaid bulldi~, ~ny k?M~eat tFrr~in or part tlNrwf. in tM ~ppn~a~~ wn? ~faaaW a
In ~~oas~ tl+ayof, s~ll ea+t~In tt» uwal ~qnd~rd mon~a~ d+~a~ a wch wh~r dw~a a th~ Ma~p+pM m+Y rpuir~. m~kinp ~M bss w~dK s~id poli~
cia, ~ad+ and .v.ry. wr•bl~ a said MORTGAGEE in i~tKat maY +Pw+~. .nd .acA and w.ry such pottq ahafl b. PromWh ui:9ned .nd dttiwnd ~o _
+nr h.W by saW MOkTGAGFE u fwrMr sewrity to s~M mo?t~y. d.l~r. aod. eo1 ~w thw+ tM (10) days in ~dv~nw of tM ~xpkdion of ~ach P~k1?. M de
Iiwr to saW MpRTGAGEE a ~~w~l tMrwf. wpetl~ with ~ nuipt fa tM pnmkMn o~ wd~ nntwalt a~d thu~ sMll b~ ro fk~ a wind~tam kawana
ptaad on ~y of s+id buildt~ps. ~ny int~eenst d+Kein or pa~t tlKnof, w~kss te ~M forn? a,d with tM bss pay~bl+ a ~fonsa~dt and ln tM ewet ary win
of nwiw~r b~cana payaW~ ~ wd+ policy a potkia aaid MORTGAGEE aMll Mw th~ optioe ro r~aiv~ u?d ~pply tM sart~t on ~ooounf qf th~ Md~bteb
ewst s~cw~d hu~by w to p~rmil s~id MORTGAGORS w naiw and N oi u+y part ther~of for o~he? pv~pwes, witho~t t1~a.eb~ waivinp or i~npiir.
irp +nY p~+i~r. ll~n or r{pAt w~dp or by v41w d tAis mwtpa~t ~nd in tM ~wnt s~id MORTGAGORS shall for aoy nswn f~il M kNp tM aaid pr~nis~s so
irnund. a fail b ddivM P~~P~h? ~nY of said polici~s of lnswana~ ro saW MORTGAGEE. ot fail promPth? to P+Y fu(ly ~ny pr~mium ~Mr~far o~ N~ny
re~pW f~il ~o pKforo4, disclwrQt. ~z~tuM, ~ff~tt. cort?PIttR, complY wtfh and abid~ by thb coweant, o~ ~ny pHt Mrwf. saW MORTGAGEE may pl~o~ ~ed
WY fa wd~ Lawanor or ~ny psrt tMrwf without w~lvinp o~ ~ff~cfinp ~n11 aM~o~, (i~, pvi1Y, a~ipht und~r w by vinw bf this Mort~~. and th~
r„u ,~~wwu of .ach v~d .w~y wd+ pay~+.~ •t+.n b. t~+.d~arey dw .nd ¢ar~w. .~+d .ha~~ b.a. ~,:aest f.an ~h. d.a ~M.w~ w?~t~ p,w at th~ raN oi
nin~ 1»r antum p~r uwwm and to~etl~ with wd~ inNrest sh+ll be aecvred by tht tiM of this ~wrt~pt.
4. To p~rmit. oommH a wff~r no waste. 1mWknknt or deMiowtion of aid propaty ar ~ny part tM~aof.
5. To pay all ~nd ~inpvl~r th~ oo~~t eharpM and ~xp~nNS„ indudinq • rta~+pb ana~ney's fN and aosh of ~Mtrac~s of titl~, 4Kwr~d or paid ~t
ser rim. b~r sa~d µokTGwGeE. b.caus. a ~n ~h..w~ of M. i.stun a, N,. a.r of rM s.sd MoRrGAGOa a dvly. wonwtb snd fuiy p.rfam, d~R
~x~cub. ~ffset, oomPt~t~. oomptY with and abid~ by ~ad~ and ~wry tM uiputatio~a. aqre~men~s. caxlitioer. ud oovenants of said pramiswry nob ~nd this
mat9ap~ ~ny w ~ither. Md said coa~. cha!yq ~nd ~xpensu. ~+d+, +ed ewrY. shall b~ imrnadi~tely du~ ~nd p~y~bte: wMtlw~ w nor tMr~ b~ ootic~ d?
nwd. .?~.mpt ro cdlecr or wit p.~rgj a+d fh. fvll amouro of tsd~ and ew,y wch paymem ahall b.a. i~terest from rM d.t. Hw.eof w+til p.td n fM
.ate of n~ pe? cMtum per annumj and atl said oosts. chu~a ~nd exp~nses incwrd o? pald, ~ogttMr with such inta~t. shaU b~ waxed by th~ li~h of thn
matpap~.
6. TMt W k~ t!w w~~ of ~ny bn~ch of thit Morqa~ or def+ult on th~ part of ths MOStTGAG~R. or (b) in th~ evem a~ry of sa~d wem of money
henin nf~rced w b~ rat p~omptly ~nd fully psid within thi.ty (~0) days nex~ after tM s~ma seve.~lly bacorne dw and payable, witlavt demand a not~.
or W M tM ew~M ~sefi and wery tM stipv4tion~. a~~ermr?ts, cor~ditioes aed cownants of se;d prom;ssory rwt~ ard this nwrro~ ~nr w eitMr sn na
iu1y, pra~ptly and fully p~rform~d, d'adw~ed, tx~cuted, ~ffect~d, oompkt~d. comp~;~d with and abided dy, tlwn in atM? w aiy wch wN+t tM ~aid a~
prs~h swn mentaned io uid promissory noM then rom~ininp unp~id. with imanst acavad, ar?d ~II moneys ~ecwed her~by, shatl becwn~ dw ud WY
abk forthwith, w tMreahsr, at tM optiar? of aaid MORTGAGEE. as fully and compl~tely at N all of the said swns of money v,rere aipinally stip~lated
to b~ paid on wch d~Y. +nY~hinp 4+ s++d Pranis+ay nol~ w G+ this Mortp+ye to the contr~ry notwirhstsnding: snd therwpon or ther~ahK at th~ option of
ssid MORTGAGEE. withow rwtic~ w d~mu~d, wit at law a in MvitY. ther~fon or N~ereaher beyvn, m+Y b~ p~asecuted a if a!1 nwn~ys sacwd Mr~by
had mstwrd prior to in ie?stitvtio~. -
7. That in tM event thst ~t tM beginni~p of or at u~y tm» p~ndinp u~y wit upoe this Mortpap~, or ro forecloN it, or ro hfwm h, w to ~nforca
payment of any daims hereunder, ssid MORTGAGEE sMll apply W tM Court M~irg jwisdiction thereof for the appointrne~t of a Receiv~ wch Cowt ~hsp
lorthwith appoint i receiver of said mat9syed prop~rty ~11 and sinnpvla~, induduq ~II and singular ths income. prolits, issws and rwenws from whatwer.
wurce dsrned, eadi and every of whicF~, it beinp ~xpreuly w~derstood. is hereby morrgaged as if specifically set fwth ~nd deicr;bed in th~ ~rantiny and
habenJwn dauses hereof, ~nd wd+ Rce~iver shall haw ~11 the brosd and effectiv~ funct~or?s and powers in anywise entrwted by a~wrt to a Receiwr. u?d
~uch appointmeet shall be made by wch Court ~s ~n ~dmitted aquity sod a miHer of absolut~ r'ght to qid MORiGACaEE, uwl withoul nferenc~ to tMe "
+dequ+c~r or tn~dequacy of the vslus of the property mortg~ped or to tFi~ soNency or insoivency of seid 1NORTGAGOR or the defendaots, and th~t sud~
rena, profin, incorns. iswes aod rswnues shsll b~ appli~d by svch Raaeiver ~coordinp to ths lian or squity of s~id MORTGAGEE and tM practio~ of wch
Co~nt.
9. To duly, promptty aad fulh Paform. d'achup~ ~xK++te, effect,. oortplete. oompiy with and abld~ by Wch ~nd ewry ths sti latia~t.
cor~tiont and o-Dven~nts 'a~ said promisso?y not~ ~nd this mortysg~ set fath. P° ~9^~~ts.
9. Th~f in 4he event ths owriership of tM mortgsQed premi~es. or any psrt fhereof, becornes Wsted in a perwn other thsn th~ M4RTGAGOR, th~
MORTGAGEE. in aucassors and assipns, ~nay. witFwut notke.td the MORTGAOR dsa) with such succcaaw a succeua in intsrest wi~h refaaKS to Mis
mort~ap~ u~d the debt Mrsby tew~~d.in th~ Naw r+wxier as-wNh Matpapor-rvittww_ k~ aqY. !N+Y ;~itiatinQ or dixharginp ths Mat9apors' liabiliry Mr~
under a upon ths dabt he.~by secured. No sak of the premises hereby mortgayed and eo fwbesiance o~ tM pan of tM MORTGAGEE a it~ suocesson
w~ssipro and no ext~naion of tM tLn~' for fFii payment of tM d~M hsreby fecurtd pivee !iy the NIORTGAGEE u iti aiooasors a assiQra, sf~U op~r~t~
ro rek~se, d~schuye, modify chsrg~ or affect th~ orig;nal liability of tM AhORTGAGOR hsr~in, ~ith~r i~ wFal~ or in put.
10. It h speciP~cally.agreed that time is of ths easence of this ~~ct ~nd that no waive? of sny obligatan hereunder or of ths obliyation s~-
cvred hKeby sMll st ~ny time thercah~r b~ held to be ~ waiver of tha terms i+ereof or of the instrw~eM sewred herby. _
11. 1~ addiYan to the forego:ng monthly~paymerits of~princ'pal and interes~ required by the prom;uory rwte ~secvred hereby,`niwtgsgor cover?snK
a~d ayrees to pay~lo mortgagee with ead~ monthly payment an add~rional swn estimsted by mortga9ee to be equal to 1/12 of the annual cwt of the fdlow-
ing: . . . , . . . .
A-All real property taxas lwied cr as~sssnd• agairnf the ~bow desttibed real estate. .
8-Premiurrx on fira a~d windstorm i~suranca as herein req~iyed to be csrri~d on tl~e improwements sitwt* on the abov~ described premises.
C-Premiuma on such mert9ege 9wnnty inswance as matg~gee sh~ll from time to time deem fit to cury oo the loan secured hereby.
Mortgagee shall from time to time notify mortgsgor in writinp of tFie amount due and payable here~nder snd such wm shall tF?creupon be due and
paysble on the due date of the next monthty payment and each successive month thereafter until nwrtgsges sh~11 notify mortgs8or of a in wch
amow~t. 5uch sums shal{ be spplied by mwtyagee toward the payment of real property taxes, i~nurance premi~ms, and mafyape guarsn~ w~np
M~ •
. WtTNESS WHEREOF, the said MORTCaAGOR has he~evMO set Frs hsnd and seal the dsy and yeu firat sforesaid.'
and Ilve? in the ~
Prptna of=
/ A o
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0
STATE OF FIORIDA ~ '
Ct~ L-uci_!
COUMY OF -
e.rore +n. P.nw,df~r.~pp.,r.a Mlilbtur A. I.arkin ~
1~010l~Qi A• j.aZ~A' his wif~, to r~ w~ll knawn and known b me b b~
tM k~ividwls dhtribd in and who auarbd tM fapanp instrwnent, and atlcnowfsdped b~for~ m~ tlMt thty ~xswted tM sartw for th~ pwpw~s
~n.nin .xp.«..d. Ma d,. ..:a DOlorea A. i.arkin
,N+r. of N» ..~d Wilbus A. Laskf A upon ~ t~ras.id pel~?w
ex+enirw?ion by m~ t~ken s~parsb and ap~rt fran h~r said husb+nd. +da+owledp~d b+nd befon me th~t sh~ euiWted s~id iroln~+t,kiN~t;aiMl,+~M?
tarily ~nd wiffia~t +a~?. tomP~4 canir~iM, +PP~~~A. Ot ha? of ot from h~ ~aid Iw~b~nd. ~ s-•4=
vYITfiESS m,? h.na.nd offid~l .t.~ thia___26~ d.,, ot '+,•~~,.p.7~~~.
• ~ - ~ ; - .
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, RECOR rrw«,? vubrk tn «,a f« n» ar.r ot No.i~at prp... -
~ ' ~b DED -
R~hxn Ta. F1l.E~ N?Y. Fi.A• Ny? Comm~ss~on ucpir~u ~;/Z~ l~ ~.,J
wa F.d.al s.vkg. t toan Aswc~.t~a, S 7. LU C ~ E~C 0 U F 1) 3 d~7
OI' F«t P~~ce. i~'~1~~~~ A1~~TpA MlSS~ION=TATE K il~A~~., v~~~,,'
~'~r =
jorf Pi..ce. Fb.~d. ~ . t ~o..oeo •M~ rMSO ~r. s~r~rsLr$~?~+•;
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c. 0 27 J~!1 ~ ~
Thi~ InshumeM Prepared 6y ~,~~.~P~g - .
Fint Feders{ Ssvingi b loan Association ca~ a x 4! -
• Pierc~ v ~IE~K ~IROUt~ COUaT
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