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HomeMy WebLinkAbout2098 . ~ ~ ( _ ~ ~ :,4 : PROVIQEn, ALWAYS, that if the \iort~a~o~ shali pay unto the Mortsa`ee the indebtedness eviJenced by a certain pranisso~y note c+f wbich the follow•in~ in words and fi~urea is a trus copy taw~it: . ya..~-.....~ ..rrY~ : _ ___Y"_~ ~ _.~.a~.~~a. ~ar~rr..w~~...~a~- . . ' ~/i y'l/~. i~ . .Y ~~~.ii'Y ~ j 1, .7~! • (iC ~i:wI:11. l~U:IU~.___ t_~'_'_' a~~.~_' ~ ~ t' ~ F'O!{ ~'':ii.l l: Ri:(:l:11'EI) ' o,-'~ . - ~ .'i'-- - " - pr~:n:~c tu p;.v i 9 . ' `T.'1 T~- • ~ ~ ^ T/~~~-~ , { v . t.~~E~cur~t~•rut_..~~~IS_..~_._ GZ-~~TJ,t::,__~7!~1'~i~.:.~ ~ . !li~~ I~iliCl ~al ,uni oi'i7 ? c ~'~d r'1''E'. =-:.^ri ^ _ :1Ul.i.:~l{.` t~,h:l:icr v?ilh il.tcr t ~ ` : ~ i 1 .1Z-- 9L~••11.~_ - • - - - , f t~:~li'ft•Utt l:ulll l~;lla' 3~ Z~1~ lJLC Of ~l•11 Flt•fl7tU~~ ~l[ Ji1l1LLt11 I:U~lI !Il'1~lt:lly'. LuI:. ~~riUC:(i.ti «ttl~ IfliCfc'~1 ~.~:1Ga ~):1}'::i.:~• li= 31W ItII i;:U71~\' f 1~ ~{1i' ~:IUICI~ ~~:ll~'~ d~ I31aC1~'11C ~~V(~.~ ~iiaini, 1'~Olit~.9~ (~C 3l aUC~I Ui~t~T ~ 1JCt7 :L~ ~flC ~lU:t1C:~ h~r~Lf m~~• clc.ionaLc il: WrI:U d • Pritirii?ai :iiid iu!crc:t pay:?L!c in in,tallm.~n4~ :u follows: •~^~r,~ ( .~;~.00) DaliQ.r~ ~?r znon:.r. ~t-i:.nir_>, L_::: . o=' ' + ~EC.~-.:'::~r-,:'s _~`.`J~ ::0:=~_r_uin? O;1 .i~ ~ . ~:a1' G1 ~t?C:: :i i ~:non~h ~^ereafter until paid in ~~ull. i ~ > Tl~i~ eeoir nw~ Lc ~rc ?aid in Mhulr ur in ~:trt :~~trr une ~•car Irum t1:C (l1lC I1CC1.'Of U n a menl of a~enalt e uivalcnt tu t~w F i E . P~ P Y 1 ~ Y 9 ! E~~rc.~cet of tl:C prinripal ~u:n pr~~j?a:d. ' Each ie~~t:eii:n~iit ~13\'f12CIll ~F:ali be cr~d'.ted f?r•t u:a tiic ir~t~:~,t d,:~• ~nd the re~i~ainder on principal; and intere.;t sl?all three- ; u~zu~i c.~:~.•.• u=~~~ta th.~ princi~r.l u~ cre~~it~d. • TI:~ n::~.lrr. ~~°i: ri?dur~cr~ u! llii~ iio2e- fer:: to r.siL~ .~i~. `.:utia .:~-•~:rvm,i•:Q and ~~rotest, and in lhe event ~uit ~:,:~Il L~~ Lsuu;at Cot tL~- cult~•ctiau li~•:.~.~t. ur -.:t:~~~ lsa~ tu E,.• ~•~::.~ct~•, :;~un d~:. i .:t:c,: sicy, to pa~~ rca.~unablr. attomcy'r f~•e~ for t::akiu~ =urh rull~~i~tiun. ~ ~ llc•lrrr~•d pa~ iur:,l~ i;rrruc~u~•r ,liai: 6r~r ~::irrc;t at r~: .~n p, ;:t f~.: :..:.t ~ritj i~uiil ~iaid. 7~113 )iU~~: l.i :t•CUiCl3 1~~' 1 t:tt>fiy,~.i~i- U: t'1'c:ti (1:ii:: Ilil't h"1!~. ta :x7 ~'Gi~~li::c:.:lL~: Y" ~:curJinR tu lhe I~ws of the ~LSLC uf Ftori~~; :l~:Otl l~C1S111: 1.: lliC ~:i}~ll:t'.^.l i)i ~)iUt~'l~'J2i~ 3~1t:'~~f lLi.'Ci:.,! M~:.'? . ii1C .::i~l ~if principal :ltl(~ 1[i~Cf6St n•~cwini?ig unprid"::i:;tl1. ~t t#~~ ~p:iun uf tlic huidcr~, 't,::cur.ie ii:::i~..lia', l~ ~'.ut ::c:~! ;_y~:.i~l~r. . - _ _ ^ ~ _ • - - - ~ (SE:1I.) ' - - _ ` ' - - - ~ - - - (~I:Ai.j i'rcp.:rcd by ~pu•!rr ~ ~I~rnd:~~~h. :1:tor..~•y. . -L•_',f) i:iv-:..:.. :'i•,5.. ':ii~.~.:. ' . -it!e and shall perform, comply with and abide by each and every the stiputations, agreements, conditions and cove- nants of said promissory note and of this deed. thea this deed and the astate thereby created shall cease and be null and void. 1. The Mortsagor hereby covenants and agrees: (a) To paY :11 and sin~ulu the principal and ioterest u?d othet s~mis ot moneY W7~ble by virWe of said promissory note and this ; deed, or eithcr, prooptlr oa Um daya respectirelr tAe ssae severally becooes due. tb) To petmit, camit a sutter no ~sste ar~d to maintain tAe iisprorements at aU~ times ia a state ot ~ood repair and coodition. aad to ~ do a pe~it tb be done to s~id pre~iscs aothint that will alte~ or cAan~e the ~se and ~haracter oLsaid property or in aay vay impair a : reatea ~be security o( this aort~~e. And io case of.the refusal, ae~lect a ieabilfity of the Mort~a~or to repair and maiotain s~id proper- i ' ao ~ ty, the ?1at~s6te may, at his optioa, aaate such rePairs or canse the s~me to be sade. aed advaaee ~aooeys ia that beh~lf. E ~ (c) To pay all aad ainsulu the taxes, asaessments, levies, liabil~ties, aod obliNtians ot erery nature oe s~id described Froperty each ! and every rhen due and payable accotdin~~to I~v, be(ae tUey become delioqaent, tad to delivet to the Ulortsa~ee oa or betore MarcA ~ lSth ot eac6 year ua receipts evideacia~ t6e paYment ot •11 la~fully imposed taaes tor.the preeedins c~lendar yesr; to indeienify the I~fortp~oe upon his demaad fot all taaes, asseasments and char~es that mar be assessed upon this mott~ase oe the indebtedness s•- cured hertby, and paid by the mat~atee, ~rit!?out teesrd to aey I~v beteto[ore enacted a herestter W be enacted imposin~ payment oi the ~hole ot any ~+art thereot upon the Ulortsa~ee. (d1 To pay all and sinaulu the costs, cAarses and sxpeaaea. includin~ la~yers' tees and absuae~ costs reasonably iacuned i+r paid at any tiioe by the Nortgasee because o( the tailure aa the part ot the Mocttasor to per(orm~ comply ~rith aed abide by each and ever~ the stipulations. a~eements. conditions and corerunts ot said probissay aote and this deed. or eithsr, snd every sucA'payment sh~ll hear ~ ~ntcreat tran date at the rate o( ten (I0S) per centuo pet annum. ~ (el It is fur~her corenanted aad s~reed by said parties t6st in the erent o( a suit beie~ iastiwted to foredns! thia Ratsase, the ~1«i. ~ ~a~ee s6a11 be entitled to applr at anr time peadiaj such toreclosure anit to t6e coutt 6avin~ jntisdiction thereot ta ~he appo~otment o( a receiver of all and sin~ular tAe mort~sscd property. sod ot aU resq. incaoes. profits. issues sod rerenuea theteot. from Whatsoe.cr ~ sa:rce derived; and thereupon it is hereby exptessly coreaanted ard asteed th~t the Caut s6a11 torth+itl~ appoint such receiver ~aith ~ the uswl porera and duues ot receive~s in lite c~ses; and ssid ~ppointment shatl be eude by 1he court as a matter ot striot ri~ht ~o ; ~ the Mart~a~ee, and without retereace ~o the adequacy a inadequacy o! the r~lue ot t6e propeny Aereby mort~a~ed. a to the solveecy ~ or insolvency o( the Mort~a~ors a sny other party defendant to such suit. The Morti~lat 6ereby spteifieally ~raives the t~sht to ob~ect to the appointme~t of a receiver ss afacsaid and hereby eapresaly conseau t6at such appointvent shall be made •s an adm~tted equ~ty ~ and as a matter ot absolute ri~ht to the Mottp{ee aad tlut t6e. ssst ~aar be dooe siWout eotict to ihe Mott~ator. (f) If (orcclosure proceedinp s6auld be instituted e{aiast the p~ooeny covtred by this aartsaRe upa~ :nr other lien or claim whether P~ ~ •Ile~sd to pe superior or janiar to ffie lita qt tAis mortp~e. 1he Moct~a~te my ~t 6is oPtiuu i~ediatelr upon tOflllYl10f1 O~ SYCA SYII a durin~ the pendeacr t6ereo( deelare t6is ~ta~~e and the indtOtedatss secured ~he[eby d~e .ai~d pay~ble tortl~vith and may at iic option proceed to faeclwe this moctpse. i (v T6at the Matp~or ~rill teep all resl ~nd cereonal propertr nor a hereaRer cncosbered by t6e lien ot this mat~a~e insured ss may ` be required froai tiae to time Ey the Mortt~~ee apinst loss Ay fi~e, rindstora ~nd otber hszards. c~swlties and col~tin~encies tor such periods snd for not less thaa such a~o~wta ~s may Ee tequircd by We Notttaset aad to p~lr prompthr wfien due ~11 ~rem~ums (or such msurwce. ibe usounu of ios~raace cequired br t6e Mort~aiee shdl be tbe niai~oo aooums tor abich said insur~nce shsll be +~ritten and it ahall be inc~bent uooa tbe Mort~~sot to oaiatei~ auc~ additim~l ;os~r.n~e s: A.r ~ ~~~~S:arr ~o ~~ee a~a ~o~niy r~ur .~~en •II cainsur~ace requireaents coetaiaed in s~id policies to the ead t6at the aaid Mortp{or is ao[ a cd-insuror thercunder~lnsurance shall be ~ntten by s co~psar or ca~paaiea spptovcd a~ desi~n~tcd br the Mart~ajee and all policies and reae~r~ls thereof shsli be held by the Mat~a~ee. All detaifed desi{oatiuos by We hfott{~~or rhith ue sccepted br the lilott~a~te atd all a~reeadeats betveen Mort~~~or aad Nartq~ee rcl~tin~ to insurance. oor esistin~ or dereafter msde, shall be in .rritins snd sh~ll be s patt of this ieortp~e asreement ~s fully as thoush set torW verbatim herein and shall sorern boW p~rties Aereto and Weir successors aad assi~ns. Ho lien upon any ot s~id policies of insurance a uPm ani refuod or return ~e~i~n vbich w~r be oaY~ble on the emeell~tian or tcrmiaatioo thereot. shall be ~i~eo to other ~Aaa tbe 1~{otWtee. e:cept br ptoPer endorseeent ~fliaeA to such policy aod s/prevd bf Mort~a~ee. Each policy ot ~ iasorwce ab~ll ha~e atfiaed Nereto s Standud Ner Yort MorWtee Cla~ue ~itbout Coauibution. wtiea all loss a losses under such policr parable to tbe Mor~p~ee as its iaterest msy spest. la the e~ent aar s~ o~ sw~s of moner becose payable thereunder the Hwi- i p~ee shall have ~Ae optioo to receire and •pply tbe aaoe oe ~ccomt ot the isdebtedness hereby seenred. or to pe~mit [Ae MorttsEor to recei~e aod use it. or anr p~rt thereof. ~itdout tAerebr ~aivin{ a isp~irin~ aaY eqri{y. lies, or.ri~Lt unde[ and by_vutue of th~~ mort~~~e. In event of loss « phrsic¦~ d.ause to the aort~a~ed property tbe Mwtptor s6~~~ ~~v! ieeieedi~le notite thereof by m~~l to the Mortq~ee and tAe Llortss~ee auy mske proot of loss if the same is not made promptly Dy the Mort{a~R . In event of (orcclesure of ~ ' ~ . ' ~ ' 600K1~O PACE~V~S _ ~ - - - ~ ;~~^'r ~ ~ ' " s .