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Home My WebLink About0692 : ~ ~ .n e~~.~?.oa y+~ey a ~ ~o~p~? ~a ,.~a ~.oa; ~.c ~a ~a r~ ~..x ~a..~: tL~t anke ~ fo~llMt ~arioe~ b pe~i~ot t~ ~es aiopie t~t1s b sdrl Lsd iu dr Aaod4tloa ss reaonabip be ,~,a ~ a~, ao ~ fi,e~, ...~.a a~ ~ ..~a ~a .na aer~a ~ ~ ~ ~n a~. PROVIDTD ALWAYS tLat iE tl~e ~~~~~n .~a ~a ad~? rar a,~ ~?w~a by thK o~hi~, p~o~uioory no~ af ~ren d~te m~s by tbe Macp~o~s and payabte t~ th~ Aasod~tioo. in the p~cL~rip~t sum a~E __TWELVE TFIOifSAND AND NO/100--_----------- ~~-.---.-_---...Ddian (=._1~.,~?49..44-- ~h,wc~ coge~l~.~~h ~c a,e~eon as a,man ~e~ed, ~s p~y~b ~n mo~t~? ~An~«w a~._..N~TX-FQUR.-- AND NO/100-------------------------------------------------------------------- (i-- 94--~~-------- 5~ -----_a:y ~ ~~g .N;c~------_-~'~v.ar~- 5- 1,9~9 ~ wr~ are to be u first ~o intae~, and the balanoe to pri~3pa1, until sdd indebtedness ~ p4id in full, aad s~II pe~oem, with and ab d~by e~ and every tLe~1a tioaa. agrcemenb, oonditioos and ooveoaab af aaid promWory no~e and~ ~Sa ~~S ~ s~ made by the A~odatian to the Ma~tgagas, ar tbeir suooaso~s in tida, far any p~pac, at any tlme befae tbe releate and anodlatiaa af t~ matgage, bta at no time slwll thi~ mortasge aecta+e advanoes an aoowi~ of said origiaal note togethe,t with snch additiooai advances in s s~m in e~ of TwE LVE~OZJSAND AND _ NO/100-----------------------------------~-nopars ~;___12,000~00 ),ph~ ~?r aavanoes neca~ry to p~otect tLe secvrity aad costs. iben ihis deed and the estate crested shall ceax and be nnA and vodd. AND 1'~~ MORTGAGORS DO henby an?eoant and agree: 1. To pay an ana s~gutar t~e prin~p~l ana int~t an~ ot~r su~ of mo~a~? P~r~ by .?~tue of ~aia p~oa~i~? no~e and tl~ moitgage, or eith~r, prampdy m the days respectiv~cly tha same severaUy came due. 2. To p~y aII and ainguLr tbe ta~ce~ a~nts, lev~es,liabilities, obllgatio~ and ~n~mbnnxs of every natuie and I~d now oa said described p~opecty, ar that bsreafter may be~~m~~p~s~ff~ered, p4oed, levje~l. o~ a~esaed d~erean, or that heeraftex may be levied ~ asses~d upon this Mactg~e, o~ d~e ;b ~c+II+ed hereby, c~ch and every, wben due and p4 ble. aoeoc~diag to law, befare they beoame delinqueat, and befora any int~ attacbes o~ any is incsured; and ~ as any thereof is of reoo~d the same shaIl be p~omptly satisfied and di~charged oE reoord and t~~inal of~al doamoeat (such as, foc in~anee, the t~ reoeipt ar the satisfaetion PaPer °~~11Y ~c~o~d or oeitified) shaD be plaeed in the hands af said Assoc.~iation os Mortgagee ~ tea days ne:t aker payment; and in the eveat tLat any tl~ereof is not paid, satisHed aod dbcl~arged, said Association a,ay at any tmie pay the same or any pazt thereof without waivjng o~ aNecting anY beQ• e4~Y ble under or by virtue of this Matgage, and the fuII amount of each and every wch paya~ent shall be inunediately due andpa ya and shaII bear int~erest from the date thereof until paid at the rate stated 'm the nate secvrecl hereby and together with snch ~ter- est shal! be secvred by tl~e l~a of this Moitgage. 3. To keep the bw7dings and aU equipment and penonal propetty iw~r or hereafter ~ taid premi~a o~va~ed bp thi~ mott6.~e. insured in a sum equal to at kast the amount oE the mortgage. or an ama~nt anfficient w oompl~ with an~ oo-imurinoe reqaire- ment a~ering the ~me under the la~rs oE the Stace oE Fbrida, ~overing loss irom both fir~ and sto~m. makiog t6e low under said poliaes. each aad every. payabk w t6e Association. as mortgagee. u its interat ma~ appear. wd said imnnnce shall be in a good and raponsible insunnce c~pany sacistaaot~ co :aid As~ociacion, and .rriccen b~r a responsible loal agene satiwtacwrp w said A~o- ~ ciacion: and che policp or policia shall bear a uaadard murtgage dawe ~ritbout a~ntribution. and, iE the origin~l principal amount I of the mortgage is Fifq 'I7~oosand and ao~100 Dollars (i~.000.00) or in Qoea thereoE, s6aU bt hdd by t6e A~ociation, and, in I che event any wm of mune~r becnma payaWe under wch policp or policia, tLe Ar~ociation ahall Lzre tLe op~ion w reorive and :PP~l I che iame on aooounc of che indebcedner~ hereby secared, or• to.permit the mortgagois ~o ~reoeive and we i~ oz an~ part thereof. foc ~ other purpo~es, ~rithout thereby wraiving or impairing any equitr. liea. or right undet and by virtae of tl~is mor~. and ma~ ! plaee and pay ior such insunnce. or any parc thereof. widwuc waiving or af[ecting ia option w foredoa. or mr r~ht haeunder. ~ and the full amount of ach and tver~ iuch payment shall be immediately due and payabk and s6a11 bear incerat fmm tbe date thereof unW paicl at the nte statod in the note secvred htreb~ and together with sacb interest s6a11 be ucvred b~ the liea oE tbis Mortgage. 4. Top~m~ t, aoa~mit, or s~ffer no waste, impairment ar deterioratian of said propaty, or any p~rt thereof, and upon the failure of the mortgagors to keEp tbe bnil ' on said p~mperty in good candition of repair, the Assoc~ion may demand the immediate rep~ir of said b~uildings ar the m med~iate nraymeat of the debt h~ereby secured, and the failure of the mortgagoa: to comply with said demand of the A.uociation for a period of Tlutty (30) days, sban coastitute a breach of this n~~t e, and, ac the option of the Association, ann~ediately mature the entire amount of principal and intetest hereby secaral, Association, immediately and vvithout notice, may instihrte pruoeedings ro foreclose this mort~age and apply for the appoint~ment of a Receiver, as heremafter provided. 5. This awrtgage c~o~tract pmovides for adclitional advarices which msy be made at the option of the association and sertu+ed by this aiartgage, and it 3= ag~eed that in tbe eveat of snch sdvances the amount awy be added to the mortg,age debt and shall iocrease the mpaid b~lanoe of tbe note hereby sec~a+ed by tbe amoaat o~ snch advance and shaIl be a pact af said note indebtedneu vnder all tLe terms oE said note and this oontract as fuIly as if a new snch note and cantract were a~ecvted ~ and debvered. An additiooal advance agreemmt may be ~ven and aocepbed for wch advance and provision may be made for ~ ciiffereat monthly P~Ymenb and a different interest iate and othere~~s modifications of tbe oontrac~, but ~ all other respects ~ this oontract shan remain in fuII force and effeet as to said indebt~, iocl~g all advanoes. 6. If any of tbe s~s of mone,y herein referred to be not p+n~ptly and fu~Y P~ ~D T~Y (30) days next aker the same severalty come due and payable, or if each aad ev~ay the tions, a~eemeat, condrt~. and covenanb of said promis~ory note and thn deec~ a~ dther, are not dnly peifarmed, com~ with and abkied by, the ag~te sann naentlaned in said promissory note and any otber amouut or aaw~ added to tbe moztgage iade~ ~mder tbe tierms of this matgage shall beoanne due and payabk fa~thwith or thcreafter at the option af the Asrociation, as fnlly and oompletely as if said aggregatc sum~ was aig~inally stipulated w be paid on s~ch day, anyt~n8 in said promiswry note or herein to tbe contrary not- & To deHver M the Associatia~, on or beEore March 15th, oE each year, ta~t receipb .evid~Cing tbe p4ymesrt of all 1aw- fully~ mses far t~e Preoedin8 calendar year; to deliver to tbe Associatioa reoeipts evidmrLg the paymeat of aIl liens ~ for impe~ b within nindy (90) days aftu tbe same shall t~eoome due and paysbk, and to pay oc d~ga within ninetY (90) d~ya af~r dne da~e, anr and all govemma~tal bvies tl~at tr~ay be made on the matBaS~ ProP~, on this mortgage or note, ar in any ot},er wsy resulting fmm the mortgage indebtedness aecured by this mortgage. 1 Y~ ~ ~ ~ _J 9~_ ~ ~ ~~..~_`~,.a, -t~'y#.__ .s_'..~.. _ ..,t s, ~ ~ . 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