HomeMy WebLinkAbout2226 ~ : ~ w ~
to plac~ ~nd continuously kNp on tM buildinp~ now w h~r~afbr siA+~N on said land ~~d a? ait equlpment u+d p~non~lly covKed by this matp~
q~, with dl pr~mlwru ther~on p+ld in fvll. fin inww~c~ in tFN ususl ~tandard policy fam, in • tum approwd by tM MORTGAGEE. and windstam
t~wr~ in th~ usw~ iund~rd policy fam. in a wm ~pprowd by iM 1MORTGAGEE. in wch con+P+^Y a con?W^ies +s tM MORTG/?GEE n»y
dtncq and ~II fin ~ed windstorm imwu~a~ polk»s oe +ny of wid buiW~np~„ ~ny i~?terat rher~in or part tha~of. in th~ pp~epa~~ swn afaes~fd a~
le ~xaa tMnof. sh+ll oont~in tFw uswl sqndud mortq~,re clw~ o~ such otha daus~ a tl+~ Mortp+~ maY requin. nwki^p tM loss w~der taid polF
ci~s, ~ad~ ~nd •wry. paY,bi~ a aaid MORTGAGEE +s ib ieterNt m+y appsar. ud e~ch and ~wry tuch policy ahall b~ promptly us:9ned and d~livKed ro
~~y Mid by s+id MORTGAGEE ~s furthu security to ssid mortp+~ d~bb +Ml. not I~ss tMn tN? (101 d+YS In ~dv+nu of tM ~xpi~ation of exh policy. ro dr
livu ro uid MORiGAGEE a~ewsl tMnof. top~~hN wilh • raceipt fa the praniwn of axh r~nsw~lt and tMre sh~ll b~ ~o fire w windt~am iawrana
plapd an ~+y of ~+id buildinps ~iryr interqt tht«in o? pa•1 tM+wf, vnless in tM form and with tM bas payable a afor~saWt «+d 6+ th~ ~wnt ~~y wm
of mo~y beoo,n~s p~yable wd~ wch policy o? pelkia said MORTGAGEE ahal{ Iww th~ option to reuiw and spply the ~ on accounl of tM I~d~bred~
ness wcw~d Mr~r a b pKmit said MORTGAGORS w naiw ~nd ~se h a~ any pan thereof fw other purposes, wi~hout tl?aeb~ wsivi~~ o~ impain
i^p +~Y pu~h. ~ia~ a ripht w~der w by virtvt of this morty+~t a++d in tM tvent said MORTGAGORS thall far u~y reawn f~il to k~ep th~ s+id p~+~ses w
inwnd, w fall !o delivN promptly any of s~id polici~s of inswance ro said MORTGAGEE, or fail promptly to psY fvlly sny premiwn thK~fa w in any
rap~d bil b pKfonn, dischuy~. ~xecute, ~ffM. compk~~, canply v~rith K+d +bid~ by this coven+nt, w~mr p+.t hKeof, sald MORTGAGEE m~y place ~nd
p~Y for wth imwano~ o~ ~ny put tiweof without w~ivinp a affectinp any option, li„+. ~quih?. a? ripht vnder or by vinw of this Nbrt~. and tM
full amount of tach and w~ry sud+ PaY?osnt shall bt immediaroly du~ a~d payable ~nd shall beu inte~est from tM d~t~ thereof until paid ~1 tM rat~ ol
nir» pa c~+tum pa ~nrwm and together with wch interest shall be secvrcd by th~ li~n of tl~s matyspe. -
To pKmit, oonwnit or wffa ~o wut~. impa'ument or dsteriu~tio~ of s+id propKty or ~ny pxt thereof.
5. To pay all and slnpvl~r tFa costs, charq~s ~nd ezpentes, includ'wg a r~aion~bl~ ~ttomey
s fee and tosts of abstr~ds of titl~, incvned or pak! H
sny tim~ by said MORTGAGEE, b~ca~se or in the erent of the faiture on tl~s paN of ~M s+k! MORTGAGOR a duly, prompNy ~+~d fully pertorm„ diach~ry~;
execvt~. ~ffset. complet~. oomply with ~nd ~b+de by each ~nd every tM itip~latior?s, apreements. condirions, •~+d oownann of said p.omiswry nots ~~?d rh;s '
mortQap~ any a ~ither. and iaid cosM, chu~es and expens~s, e+ch arx! ~w+y. aMll b~ imr~diatsly due and payable: whetF~ w not ther~ be notrce da~ ~
mand ~ttempt ro colkct a wit pendinpt and tM fvll amou~t of ~sd~ snd rvery wch payme~+t sh+ll bear interesr from 1M date theroof until p~Id at 1M ~
rate of nin~ pe~ centvm per annum; and all said costs, charges ~nd expsnses i~cwrad w paid, fogather with svch intKest, shall b~ s~cwed by tM lien of tha
mortp+pe•
6. 71wt (a) in tM ~wn1 of ~ny bre+ch of fhis Mortpaps or defsutt on ths p~rt of ths NIORTGAGOR, or (b) in the ~vent any of taid wrta of enorKy
herein referred to bs rat promptly and fully paid within thirty (30) days ~exf after the same severaltr become due aRd p+yable, without demu+d w notics.
or in the event eacA and every th~ stipulatioen, agreemeots, cwulitions and covenants of sa~d promissory ~ote snd th~s mwtysye any o~ either an ~01
iuly, promptly ae~d fully p~rformed, d~scMryed, executed, ~ffected, compkted, complied with u+d abided by, thx+ in either or any such ~w~t tM s~id a~
gre9a» wm me++tioned in said promiuwy rate then remainin~ unp~id. with inferest acuued, and all naneys secvred hereby. shall become dw ~~d pay-
able fwthwitly a thereafie~, at tM option of said MORTGAGEE, ss fully snd completely ~s if sll of the said wms of mo~ey were aiqin~tly stipulated
to be paid on wth dsy. ~nythiny in said promissory oote w in this Matyage ro tM contrary notwithstandirg: and there~poe w thereaftar at tM option of
said MORTGAGEE, without ~orics or damand, wit at law w In equity, ther~foro or thereahe. begun, may be prosec~ted as if all ma~eyt s~cured hereby
had rt~tuted prwr to its inslitution.
7. TMt in the event th~t at the beginninp of or ~t any time pendirg a~y wit vFon this Mwtgage, or ro fwaclose h, w to raform it, w to enfom
payme~u of any clsims herevnder, wid AhORTGAGEE shall ~pply to the Covrt hsving jwisdicfion the+eof fw the +ppo~ntment of a Receiver, such Cou~t shall
fwthwith ~ppoint • rece~ver of said mwty~yed property all and sirgula~, includ~ng sll and singulu tM income, profits, iu~es +nd rovenues from wMteva
soura derived. each and every of which, it beirg ~xpressly understood, is hereby mortgaged ia if. specifically set forth ar+d described in the y~antin~ and `
habendwn cbuses I+ereof, ~~d such Receiver shall have sll the broad and eHective functions and powen in anywise entrusted by s Court to a Receivs?. and 3
such appolntment shall be made by wch Court as an admined equity and a matter of sbsolute rght to said 'NYQRiGAGEE, and without reference to tM ~
adequacy w inadeq~~cy of the v~lue of the property mwtga9ed or to the aonrency w insotvency of s~id MORYGAGOR o~ the defe~dann, and that such ;
rems, profits, income, issues and revenues shall ba applied by such Receiver accord~ny to the lien or equity of said MORTGAGEE and the pradiu of such {
CouA. `
8. To duly, promptty snd fvlly paform. discharye, execvte, effect, compkte, comply with and abide by each and ewry tFa stipulatioa~, syreemenh. ~
confiitions and mven~nts in said promissory note and this mortgage sN fwth.
9. TFut in the event the ownership of the mortgs~ed premises, w any p~rt thereof, becanes vested in • person other th~n the MORTGAGOR, the
MORTGAGEE, Ita succeswrs a/+d sss~yns, maY. wi~hout ~o~ice to the MORTGAOR, deal with such wccessor or wccessa i~? interest with reference to this
mortyps ~nd the debt hercby secured in the ssms manner as with Mortgsga without In ~~y way vitiatirg w discharginp th~ Mort9~ors' liability hsr?
under or upon ~he ekbt hereby secured. No sale of the prem~xs hereby mortgaged and no forbear~~oe on the part of tM MORTGAGEE w ita auccesson
or ~uigns and no extensio~ of the time for the payment of the dcbt FKreby secured 9iven by tM MORTGAGEf a in succsssws or assi~ns, shall operat~
ro release, dixlwr9e, ~fy thanpe or affect the o?iginsl liabiliry of the MORTGAGOR herein, either in whole ot i~ p~rt.
10. It is specifically agreed that time is o( the essence of this contract and th~t ~o w~iver of any obtigstion here~nder or of tM oblipaYan se- ~
cured haeby shall at any time thereaher be held to be • waivN of the terms hereof a of the instrumtnt secured herby.
11. In addition to the fwego:ng monthly payments of prin~ pal and interest requirtd by the promiuory nore secured F~ereby, mortyagor tovenants 4
and s~rees to pay to mortgsgee with each monthly payment an add~rional sum estimated by mortgagee to be eqwl to 1/ 12 of the annual cost of the follow-
. .
A-All real property ts:es kvied or auessed against the above described real estate. }
B-Premiums on fire and windstorm i~wrance as hcrein requ:red to be carried on the imp~ovemenri sitwte on the above dewibed premises. ~
C-Premiums on such mor.tgage gwranry insurance as mortgagee shall from time to time deem fit to carry on tl+e loan setured hereby. ;
i Mwtgagee shall from time to time notify mwtgagor in w~it~ng of the amount due and payable hereunde~ and such wm shall thereupon be due and
paysWe on the due date of the next monthiy payment and exh succesaive month theresfter until mortgsgee shatf notify mortgagor of a charge in such
; amount. Such svms shall be applied by mwtgsgee toward the paymeM of reat property ta:es, inwrance prem:ums, and mon9age gvuanty irovranu ;
~ premiYmf. • i
i
~ tN WITNESS WHEREOF, the ssid MORTGAGOR has hereuMO set his hand ud se+~ the day and year fint sfaesaid. ~
~ Sign Seabd an deli ed rt~ tM pesence of:
f ~
~ - ~ t
~
STATE OF fIORIDA ~
ST . LUC IB ~
courmr oF
Reyis D. ?r~feln~r
d~fon m~ personslyQs
eu~lV! T=~felnez hq wif~, to me well known and knov~m to rn~ b b~
G ~ri
rM Individwb dhcrib~d in and who uucutd tFw fu~yoiop irutrwmnt, ~a ~ckraw~.a befon m~ tMt they executed tF+~ samt ta tM pvrpas~
~ ~ G~n~vieve S. Trt~tln~r -
wi~~ ot Mw R~is D. 2zffslntz ~,,.p...,. P.n,,,~.
exam~natan by en~ taken s~par~t~ and apart from her said husband, aduawkdped b and be~w~ m~ that she ~xscut~d said 'autrumem fr~ely and volwr
rsrily ~nd w~thart ury comp~bion, cantr~im, ~ppr~irm~~o~'/ a f~ar of a from twr s+i~ hy~bsnd. 69 ~
~ WITNESS nryr h~d a~d officisl s~+l thi• ~ ~~T'.1n ~y ~ J 1y/ A. D. 19
~
~ . Notary PuNic in ~nd fa t!w Stats of fbrid~ ~t l~rp~
~
~ Mr Cwe~nwion ~apirN:
~ Rttum Ta . . . , .
z•~ ~
~ fint f~da~l SavMgs i loan 1luociatan :i . IMNfy ~I. SW! Of ~OIM~i ~ W'M
of F~ vK.~.. C~wwisiio~ Es~a S~OR. 23. 1%9
~ ~y; M,6, b A.rau. ~ c«.... a.
fat Pitra. Fiaida , ~ 4
= ~ - c - ' . ~ : ~I~EO AND R
~ - _ - ST.IUC? ECORpEp ;
~ This tnstrument Prepared By ~hri W• : _ ; - ~ E ~
~F rn~ C~Vq ~Y. FLA,
~ First Federsl Savinfls b loan Association - ~ ` ` ~j ~0 i{
~ of Fott Piercq~ Rlo~ida . 18OS1~ i
, ~ ~ ~69 JUL 1 y ~y .
_ cr,~~a s,? ~ 10 . q0 ~
;r~ ~
CLERK f 1RCUIt COURT ~ #
~ ~'R g~1?8 ~E2~~4 ~ ~
,
a
, - . , ~
< ~
. ~ ~r-3_ "