Loading...
HomeMy WebLinkAbout1132 ~ y_ t • ~ Z. To plaa ~nd conlinuovsly kep on tM buiidinps now w h~reaftN ~ifwt~ o~ s~jd land and on dl equipn?~e?t ~r?d pason~lly covN~d by this morf~ ~ ~ge, with a!1 premiwns N»rwn paid io full, (iro inw.~ou in ~M uswl :~~ndard pottcy form, in • sum approv~d by tM MORTGAGEE. and windstorm , insw~e In tM uiwl :unda.d polky fam„ in ~ wm app~o~ed by tM MORTWIGEE. in urch company w car~paniss u ~M MORTGACsEE nwy direcU a~d sti fin ~nd w~ndstorm iruwanp policies on +nY of said buildinp~„ any inter„t thsr~tn w put th~reof. ie ti+e a~re9a~~ wm ~for~s+k! w in ~xcess ti+e~wf, shall cau~in tM ~+s~al sundard mort~syN clauH or tuch otMr ciauit a tM Mortpa~ may ~equin. rtwkinp tM lo~t u+da sa,d poli~ ciss. ~ach ~nd eve~y. paYable b said MORTGAGEE ~s its intorest may ~ppsar. ~nd each and twry ~uch policy shall b~ promptly a~s.y~rd ~nd delivtr~d to any hdd by said MORTGAGEE ~s further set~rity to said mortpa~ deb1, and, not I~ss tn~+ t~n p0I d~p in sdvanu of tM ~xptration of ~ach poltcy, w d~ liver ro said MORTGAGEE ~ renewal thereof. lo~ther with ~ receipt for tM premium of suth ~~newal; and the~~ shall be no fire w windstam inw~~na plsad on ~~y o( s~id bvildinqs, any intNtst there+n w part thereof, ~nleu in t!N fotm u+d with tFK loss p~yable u sfwesaid: and i~ t!N ~wnt s~t swn of mon~y becomes p+y~ble under such policy a policies ~aid MORTGAGEE shall haw ~M oplia+ to rece~ve and appty tl~ s~ma on account of tht indsbted- neu ietu«d ha+eby or a permit said AAORTGAGOitS ro reuiw and va~ it a any part ~hereof fa othe~ pu~pose~. withoul thaeb~ waivi~y w impai~- in~ any eq~rity, lien w riyht vnder or by viNUe of this mostpa9r, and i~ the event said MORTGAGORS shatl fw any reawn fait to keep tM said p+ernissa w ~nsured, w fail to deliver promptly ~ny of said polkies of in~wanca to sa~d MORiGAGEE, or fail womptly ~o pay fufly ~ny premium 1FK~efot o~ in u?y respsd fail ~o pKfwrt~, dischuqe, ~xecute, effect, complets, compy with~and ~bid~ by this mvenant, or any ps~t he~eof, said MORTGAGEE m~y plaea ane! poY fw svch irau~ar?c~ w aoy psrt thereof without wahrinp or ~f(ectinp any option, lie~., equiry, w right under w by virtw oF thh 1No.tpsp~. and the full smou~u of each and ~wry wch p~ymeM shall be. imrnediately dw and payabls and ihall bea~ interest irom ths da~e the~eof vn1i1 piid ~t IM rat~ ol nine per centum par uvwm ~nd togrther with such interest shall be secured by 1M 1'~en of this mortyage. 1. To ~o~rmit, commit or auffar no wasro, impairmant or detcvioration of said properry or any put theroof. S. To pay all ~nd singular ths costs, charges ~nd expenses, including a reasonable attorney i fee and costs of absrractt of titls, incurr~d or paid at any time by wid MORTGAGfE, because or i~ the eve.~t of ~he failwe on the paA of the wid MORTGAGOR to duly, prwnptly snd fvlly pe?fonn, dixhar9s, execut~, eff~cl, comptete, comply w~~h snd ab:de by each ~nd every the ~tipulatwns, agrcements, ca+ditiau, snd mvenants of said promisso~y not~ and thw mat~ags ~~y or either, and said costs, charges and expenses, cath s~d every, shall be immedit~dy dw snd payable; whNAar w not there be notice ds mand, attempt to co!lecl a suit pcnding; and the fvll smouM of eath u~d every suth paymeN shall bea? interest fran the date tMreol unti{ paid ~1 tFK ~are of nine per centum per annum; and all said costs, cha~ges and expenses inturred a paid, together with s~ch inrereat, slwll be sstured by the lien of this martp+qw . . b. That (aj in th~ ev~r~t of a~y beach of tfiis Mwtgage w defwlt on the part of the MORTGAGOR, or (b) in the eveat sny of sa~d sums of moner herein r~ferred to be not promptly and fully paid within thirty (30) days next after the ume severatly become dve a~d payabk, withovf demand p notit~, or in the event each ~nd evcry the stipvlatio~s, agraements, tonditions and coren~nts of ssid promiuory note and th~s mor~gs9e any o~ ~ither an ~?ot iuly, p.oenprly and fully performad, d~xharged, executed. effected, compteted, complied with a!~d abided by, tF?en in either or sny s~ch ~vem tF~ said ag gregste wm mtntar?eci in said promissory note then remaining i ~r all moneys secured ~xreby, shall become dw and piy~ ebte forthwith, a thereafter, at tM opflon of said MORTGA~ I of the sa~d wms of money were originaUy st~pul~ted to be paid on such day, anything in sa~d promissory ~ote w ir~1 ~ ~i ifhstand~i,g; and rhe~eupon ot thereafter ~t tM optlon of aafd MORTGAGEE, wYhout noNce w demand, w+t at !aw a in e~q~4~~j~~~ _bey~n, msy be proaecuted as if ~II moneys sacurad hareby had matVted pnw lo its inftitution. r 1 7. That in Ihe event rhat at the beginning of or st any Yans pending any wit upon this Mortgsge, or to forectose it, w tq reform it, or to enfo?t~ payment of any c(aims hereunde?, said MORTGAGEE shall ~p~y ~ Cq'?{~ ha+{~Qp ju ~s n thereo( tor the appointmenl of s Recciver, wch Coun sh~ll forthwith ~ppoint a receiver of said mwtgaged proQerty alf~ u r, ir~~d~n~ s ~'t inconx, profits, iu~as a~drovsnuet f~an whatever wurce derived, each and eveiy of which, i~ being expressly ur?dcrstood. is herebyr mor aged ~f pecif~cally sef fath and deacribed in the yr~ntinp and habendvm ctauses hereof, and such Receiver shall have sll the Moad and effeitive ~ ers in anywise entrusted by a Court to~a Receiver, and such appointment ahall be made by such Court as an admitted eq~ity snd a matt rgM ro said NWRTGAGEE, a~+d without reference to ths adequac~ w inadequscy of the wlve of the prope~ty matgaged a Ivency of said MORTGAGOR w the defendanb, ~nd that soch renrs, profin, income, iuues and revenves shall be applied bCty~~ ~~r~S".tOs.~en or equity of said MORTGAGEE u~d the p?actiu of such Court. ~J V R 1:i 8. To duly, prompfly and fully perfo~m, dixharge, execute, effect, complete, comply with and abide by each and every ths stipulations„ agreements, conditions and covenants i~ said promissory note snd this mortgage set forth. ' 9. That in the event the ownership of the mortgaged premises, w any psrt thereof, becomes vested~ in ~'person other ths~ tl~e N10RTGAGOR, the MORTGAGEE, in succeuws and sssigns, may, witFaut notice to the MORTGAOR, deal with such svaeuor at w2cessor in interest with reference to this mo.rgage and 1he debt hereby secured in the ssme manner as with Mortgaga without in any way •vitiating or dixharging the Mortgagors' liability h~ra under a upon the debt hereby setiured. No sale of the Fremises hereby mortgaged and ~?o forbearante on the part of the MORTGAGfE or iri sutteswn or assigns and no extensian of the rime for the paymem of the debt herebp secured yiven by the MORTGAGE' or its successors w assigra, shall operat~ to rclease, discF~arge, modify change w afiect the wiginal liability of the MORTGAGOR hNein, either in whole or in part. 10. It is specifically agreed that tune is of the essence of this contract snd tMt no wsiver of any obligation herevnder or of tM oWiyation se- cured hereby ahall at a~y tirrK Ihereafter ba Aeld ro be a waiver o( tMe lerms hcreof w of the instrumeM setvred herby. n addi~iee- ro" the ~ego"ng mon y psymm s o pr~nc pa anTiMerest requ~r y n ' and agrees to to mortgagee with esch monlhly payment an sdditional sum estimated by mortgagee to be equal to 1/12 of the annual cost of i - ing: A-Af1 real property vied or assessed agair?st the above described real estate. B-Premiums on fire and windstorm i ~mprovemea ua e on the above described prerti~ses. C-Premiums on such mort n inwrance as mortgagee s to time deem fit to carry on the loan secured hereby. Mwtgagee shall ~me to t~me ~otify mwtgagor io writing of ttx amou~t due a and such wm shall thereupon be due and payable on t date of the next monthly payment and each wccessive month thereafter urtil mortgagee rtgagor of s change in wch amou~t s~ms sF.all be app~ied by mortgagee toward the psyment of reaI property taxes, insurance p~em~ums, snd mw an inwranoe iums. • i Wl~NESS WHFR"Of, rhe id GAGOR has hereunto cet his ~nd and seal the day ear first aforesaid. ' ~$iqr~td• $le/r °'7•,° in he of: ~r'` '__.,~.1, 1~~ itnesses as to the sig- ,n V~ nature of Johnny M. G=een ~ ~ Witnesses as to all othez p ! / • signatuzes ~ { ' ATE OF FlOR10A ~ ~S@al ~ ST. UICIB u- courm of ~~e ,~„~JoAnn Cottsan, individually and as Adninistr b f thf esta~of Wzll'e G~'~ en, ~deceased and Rslph Cott~an, her husband;_ s ve aMer• d RoSa~in~~l~ ~rw~e ro ~ ~ed a rn. to ~i the individwts deuribed in and who executed the foreyoirg instrurt~ent, and edcrwwledged before rr~e th~t tip~.~c~!?rled saei~i. fpt~t~ pwpases rherein ~ sssed. Md the aaid JOAl~37 COtt1~~?A ~ •~J ~ ~ Ralph Cottaan ~ ~ . ~ ' wife of tF~ s~id .(r~t a~ptat~ pd Drivah ex~minaYan by me take~ ~ep~~ste +nd apart from her said husband, xkrawledged to and befwe me that sl+~ oaft~ s~ irsttvm~rq ~a~iy,jnd volvn- rarily and w~thout any compubion, constraint, sppreF~ension, fear of o~ from her said Iwsband. : 69 WITNESS my Fund ~nd official seat thi day of M~~ tf i 19 yD y~ r ~~l ~ y~ ~~o.( ~1 Al~ CJ~~ ~~N_M~~___~_~~(~ F~s~ ~~Jf~i Notsry Publit in ~r+d (or th~i ` My Commissioo ~xpires: ~~,*jerit~~ iiw i Cawrfr G. STATE OF P~ I IANA ~ SS. COUNiY OF ~ ~ ~,M~W Johnny M. Oreen ~ . Y~~, ro m. wd~ known .oa known +o n+. w b. tlr te~'rvidu~h dMaib~d in and who ~xecuted th~ fareyoinp instrumant, and acknowledyed befor~ me tMt they ~aswt~d tiw sarM fw tlw purposea tFwr~b ~e~s~ed. ~Y ~ . vrtir~b~.~y "?~d.~¢ ~K:.i ~ ' . ~9 69 . ' ~ - 'f • ~ Pvblic and a iM St ofn~ , , ~ . - r..; c~,?w.~ .xq..~: Iad a ~ • fidl` i~~i~r~` jiivi~ a loan /?swcia,a~ C~~F~_ N~~c~,,,~~.~ ~ Of Fcrt a F.~~ fl~ fOVilo' JI~.. ~~~M~ ~/~~j . ~ ~ . , of fort F~rce 6y~_ w• a~ _ ~ v~