HomeMy WebLinkAbout1177 ~ To p we •+d :u~nn~u,r. \tM an Me h.~ d~~s ~•ow J~ hl~MftN ~ t,;aq o~ s, d a~+d a^d a cq.,~•.••a~~ a•d pe•~ona"~ c~n~~~ b~ ~h~~ ~na~g
s¢~ w ~ti NI p.r,~.~.~~ rAavevn }~ad 1.,~. e,re .,y„~~~.s .n ~M .~~.a. truv~•d ~x .cr to~m. ,n • s.•» ~~~~vosr.f t~. eh~ .11~:~ ..•~~.•:4. ?~•A ~~~~dfra,n
~~..r~+~t~ ~n e1w w.~ai ~4~Aa•d ~v.cy fy„~, ~n • w~,~ a~i4o.ed b~ ~tie 11k~R1~AGtt: ~~c1~ ca~~pa~~ c. c.v~i+~~,~s a~ »v A~JRI.~AV[F ~uq
A..~c~: a~d ati i..e a~+d ~w.+dsw~~n ~~~~•~nc~ c.~•~:•e~ on •n~ 01 ia,d tv~~~d ~+p~. ~n~ ~ms~~e.~ the~r~~ o~ ~w~ i~+e,eot r~ rhe •yg~, ~,re ~~aeu~d a
m tacws rhe~a~~f. s?utt cmra.n t+.r .•~..~i ~ra,vxtl +~..~~pyee c:a.s~ a s~:h o+hr c,ivu ~ne M.~,t~ayre m~Y ieyu,re. n~~?,n~ rr~e osf u~wie~ ia,d pWr
:~s ercti ~nd •~v. w,ab• w?~~d ~~.~tiu~3fE as ,n ~•ue.e~~ n.~r •ppe~~. •,+d e~.h and e.e•~ ~.~h ~v ..r ~r•au tae prony,~~~ a~~ y~,~.f ~~•d dr•~.c~,ni ~o •
an~ IK+d D~ u.d M~IR?.;AGEE ~s t.~,+.e, sccwa~ ro sard ,r,.*r~w~ debr a•*d npt !e~~ ~han ren ,tp~ da.s a.i.,~xe el ~M e.p~,a~,.~~ r~ .ach ~~'~~y, to d~- .
•N N~•d .NJR1GaGEf a raxwa~ eheree}. tcye~l~ r.~M • rrte~pt tw ~he psaw++.urn of su<h ra~eae; e~d ~he,e s~e, tro ~k t~c ..:,J~~c ~nsuun<e
p~ced on anr of sa~d b.~~:d,~+g~. •n~r ,roeret~ ~hc~e~n d part rhe.wf. unru ~n ~he form ~•~d h~+h ii.e ~oss pa~ab;e ~s •h~.ef~~d: •n~ ~n rke e.e.~~ a~~y ~.,m
o? ~+w+t~ becuRxs p~rar~e.vnde? s.th po;~cv a Ddi~ces ?a~0 AtJR1GAvff s~~ii M.e ~1+e o~+..n ~o .rcr~.r .+:•d ai+~ ~ ~hr sa,~e on r..ov of ~hr uwel•r~•~ ;
~ess flC~rtd A!~lbY or w pe.~n.e sa,d MARTGACx~RS ro?ece~ve ~nd use f~ a anY c..~~ m~ .of eor ~.~os ~n j,
~~y ~nY aq,i,rY, ~.s.~ a~~ynt ~~wir~ or by v~~rw of Mo mor.9afle: •nd ehe e.en? ~a d MO~TGAGC~RS`stis'I !o. any rcasun is~l w l.~ep the fa~d t'~e~,~~s.•s io
v~•*cvi or fMl ?o dr~ve. p.amp~ty any of ud po~a~es of <ns~~a~ce M u~d MORiGAGEE, r f~ ~o ~v~ t~ tY an~ p•r „~..:n rM~.fvr or ~n a„r
~espea tid a pe.for~+~, d~uM~~e. eiec.~re. e!fec~. c~.y~~e+e, conply N~Th ~~+d ab~d+ E~ th,s covr~a„~, a•ny uo~t he~ec•f. ss~d Mvll)„iGtE mav p~ace •~a
cv. ior •~~ch ~nw.+nr~ a a~+~ pa+t ehe.eof v?~rl+out Na~v~np a af/e:nnq any owron. Iro~. eq~ r~. o~ r;~hr un.icr w br v~~~u~ oi i!~~• MW1~~90. •nd ~he
~ a~r+.tim ot e~c~ ~„d e..er~ svch E,.~~me~f slu~f be ~m:,,K{,~~Ny du~ and pa~abie ~~xi s?.+~~ bra. ~„rrr~~~ t~an ~F~a date ~hcrrof ~,~i,l po~d n ~he ~aa ot
•~e F+er .e++~~~ ~w ~n~v~+± a~d *o~r+ne. v~~rA s.~cA .ntresr iha~. tx ~r:~~cd b~ 1he l~e++ ol th,s mo~t9Ne-
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t. Zo perm~e, t'pRN~1i} p~ lUFIN n0 NlfTl, i~*+paKment w dete?roraf~o~ of ia~d ~.o~xrty cv any paM thereof.
5_ To ~vy a;~ and sinp~~a rhe cas?s. charpes and eipMSea, ~nc~ud.nfl a rtuonable attwne~'s f~e a„d coa~s of abs~rnus o} t1r'e. ~~cuved e~ pa~d a~
r~v t:~x py sa.d MORiGAG~E. becavu w~n ehe evem of ~he fa,wre on ~he past o( t?+~ sa~d A10R1GAC~~R ~o duly. pry„NUy ~nd fu;ty p~.rtor~n. d~s.ha~qe
ea~c~te. etrec~. co.np;rte. oo-+~plY a.rh a~*d •b.de by each and every iht st~pv~af:ons. agrrcn,cr,~s. cond~hona. and covenanrs o4 sa~d p~o:.::,sory note a~~d ~h~~
-+.xrQaqe a~y or t.•her, and sad cosri. char~is a~d exper+ses. ~ach and wc~y, aMll be immed~a~e}Y .iue a~+d payab'e: v~hc~he. o~ r,,,t tt+rre be nu~~ce dr
-and, a»e~r+pt to co•~tct d svit perai.ng; and tF+e f~lf amount of ea<A and erery s~~ch pa~ment fl+ali bes• ~nreres~ from ~he dare therrof ~ntii pa~d at th~ '
•:•e n~ne F~e• cr~c.m ,~r e~~w~ anC a~~ sa~d costs, c?+H9es and exr~rr.xs ~ncurred p pa1d, ~oyr~hz~ w.rh such ~nteieat, ~hall be sec.,.ed b~ ~he +orn of tha S
~*w~: ~ya9t. ~
6. Tlut (a? in the evcn~ of ~ny b~each o{ This i1e.~qage or defa~tt on the part ef the MORTGAGOR. cv ,b? ~n ~he evc~f ar.y of se'd su~+s of money
`e-r~n ~l~Nrld to be not Fr.w-i~,tly and fv:~Y D+~d ve~Th~n th,rty (3J) davs nex~ a~r?+ fhe same u.era'ty become due and payable, w~i1,~u~ demand or nonce,
_•.c) ~n rhe evenr eacA •nd eve•y ~he u~pu,ar~ons, agreerrsentt, co*+d~t~ons and co~renan~a ot sa d prwn~sso~y ~e~e ar~d ih.s mo~tgage any a e~~her are not
i_ . pra~*+prty ~~d t~Itt pe.tormtd. dxharge<}. eaecuted, eff~cted, compiered, compi~ed w~th •nd ae~drd Sy. t}Kn in enl+er w any svch event the sa~d ag
a•~ga•e s~m meiw~oned ;n H~ F+rO'^•SSW~' nCT! fhe++ rema~n~ny unps,d, wnh ~nrerest accr„ed, and a~1 maneys secured hereby, shati b~come due aRd pa~•-
a~ e te.th,~.~h, a ihNHftN, at ~he opnpn of sa~d MORTGAGFE, as fu;iy and compietNY as i! a7i oi rhe sa~d s.~~ns of money arre or~g~nal:y sf~pu:ated
te ~ pe d o++ svch day, an~M,ng m sa d prom:ssery note o~ i~ this A1o~t~age to ihe con~r~r~ notw;~hs+a~~d:~,g: a~.o thereupon or the~eafter a~ the op~~on of
sa d MORTGALFf, v.~Thaut no~Ke o~ dcmand, su~t at Iaw or ~n equny, thc~efpe or thereafrcr begun, may be prosecutrd as if ali moneys sec~rrd h~reby ~
rt4tJ~ Et•~ Y f0 +tf t7131~lYl~(1, ~ .
Ihat ~n '!+r e.e^f '?~at ar r!~e begi~~tng oi or at an~ r;rne pe~+d;,,g any wJt upo~ ~hts Morfoage. or to forec+ose :t, or to reform it, o~ to enfor~
:~.TCm of anY rr ^~s ~+e-eunde?, sa~c MOATG~GEE ihaU aQply to the Coun hav~ng i~r~sd.c+~on thereof ior tht ap:>o~rthneM of e Re:e~ve~, such Coun shali
~c •hw,M a~o,n~ ~ rr~e,~rr o( sa~d :n.xrgaqed prooe~ty at! and s;nguta~, incivd.ng au a.-~ s~~x3~~ar tne incen,e, protes: ~ssues ard reven~es fro~~ whateYer
s:.•:e der~ve~. ea:h s+*d cvrry of v.h~ch, i~ ~ng expreu!v unde.slood. n hereby ma~ga~ed as ~f spec.l~caily se~ fweh and desu~6rd ir, ~he gransing and
h-~„m c.avses hcraof, a~d such Rece~~r rf+ai~ I~re ~il tAe baad and e(fecr~re_fu~ct.ons snd pewen in aoyw~se tnr~ustrd by a Ceun to e Rcceiver, a~,d
a~oin•rr,r::s sha~+ i~e r~.ade by svcA Court aa an adnitted equ~ty and a maur of absotute right to sa~d N1pQTGAGEE, and witho~~ reference ro tF,e
e;.~~xy a~nadcq„ac7 ~t ~h~ valve of the property rtqrtgaged ur to the w,rency or ~nso:vttKy o( aaid MORTGAGOR cx the detendants, a~d rha~ such
-e~-s prot::s, income, ~asuey and revrnues shait ba appl~ed by sucfi Rete~rcr accord,i~ ~o the lien p equity of said MORIGAGEE a~~d the pract~ce of such
C~rt.
8. To du'y, pror~ety i~.d fu;!y perfwm, d~scharge, execute, effect, complcte, compiy with a:+d abide by each and every the stipuiatia ~gree~neMS,
:~-+d:t~er» u+d covrrtann .n sad ~omissorr rwre a~d rh;s mJrtqagt set fortl~.
9. Ihaf ;n tFu l~CM tfie owne.•sAip of the mort9a9ed p~em~sK, w any pa/t the~eof, becomes vested in • person otfier than the MORTGAGOR. the
~8?v4GEf. +~s s~.ceu~s and au~gns, may, ,n~sh~,t nor~ce to +he MORIGAOR, deal wdih such succtuw a sutcessor in interesr w:th refercnce to this j
•gsge a^d the .i^_tt herc~~ sKOr~ m tht sam! manne? as M~th Morfydgpr w~tfquf in any N•ay vil;a!'enq p d+s~haiginq fhe ~1bn9agors' Gab~!~ty hert
,-~e• o~ up«+ rt.r debr h2-c. ~ se~ved. tVo u ~ of the Frem~xs hrree~ R+c.tgaged and no forbearance on the par~ of ~he MpRiGAGEE or irs successors
o• assgns and Ra e.re^s:on o~ ~he +:r.,e fw rhe paymeot of the dcb+ M.eby secured g:.e~ by fhe MORTGAGEf or irs succe:sws a assgns, s.5at1 operare
~o rrease, d.uharge. r^a~i.`y c!unge w a'tfKt the org~nat l~ab.`.:ry of the MORTGAGAR he.e~n. either in whoie o~ in part_
lp. !t is s>~ec f~:n';y acr~ tha~ r:-r,~ ~s of th~ ~yx~ce of this co•~rract and that no waiYer of any ob'~ge~~on hereunder w of the obtig~tqn se-
_,•ed he~eby a!+a.. ar a~, n~.~e thare~frer ~ f,e:d to be a wa~~er of the terms hcveof w of rfie imtr~rnen+ secv.ed F~rby.
11 in eo~ • c- •ne fo•e~e ^a ^~r.'n , pa~-s•ents of pr,~~ aa~ and i~i~rest requ~red 'oy fhe p.om ascry r.c'e s.cured hc-eb~. mo•tgagx covenants
_ ~ ay•ees +c ~a~ ~••~a3ee ,n,?n ea;+~ r^~~•h y Ya~•-ent a~ soa,•ro~a1 wm es•:~~ared by mo:tgagee to be eq~ai to 1 12 of thr aniual cost of the foilow-
•ea ::opertY taars se.~Ed r asses:ed aga~~s~ thc abo.e descri~d rna~ esfate_
6-~•_-~ _~a o~ 7:*e anc w:ndate~~++ ~~su•a~ce as nere~n •equ.rtd to be carr~e~ c~ ihe :.~^prore~++ears s;tuate on r'r~r above d~;cribed premEses.
C-~-e~-..-~s a-, s.:R r„y+yace gua.a~ty ~rs:,+arce as ma~t~apee sha'I fro^~ rme ro r~me deem fit to carry on the ban secu:ed hereby_
Ma-3~9eF s-c ~-~e ~c !.-~e ~.c*:f~ mc*tyagc. m w~~~: of the a~-o~:~e a~e and s ab;e hrr
^9 p y eundr. and such s~~~ shatl therzvpon be doe and
.-.r,~e o^. c,,r ce•e c~ rt.~ ~,G~rF..r pr,Te^t a~d each swcessive Tw:+h thereafe,r ucrri mcrtgas}ee sha!1 not.fy .nortgag~r of a charu~e in svch
5..:~ s..~s s~e ~t ap-.• ,c~.' by m,xtgagee to,~,a-d the payment pf rea! property rases, insurance precr.ums, a~~d martgage guaranty insurance
; P~n~tt~RS.
_ ~y r~aT'y~j$ y ~d O GAGOR has hereunto xt h~s hand and sea! the dey and year first alaeu+d.
-.a J of: 2o3~zo ~
~ .LL~ -...c9~.q
- Fi~EC ~~v R~coAOEa ` '
iT.1t1C1E GOUNtY 1~A, G °s'v ~se,~~
ROCER POrTRAS
CIERK CIF~CUtT T y ' ~
~tCORD Y ~ ~ . ::t~;~ . .
_ ~'E Of FlOR1DA Fa:~eo v: ~ t,-~. ±
;.:rJ'~?Y OF _ S' ~i • L't,l C 1 E~ ~ A I/~ ~ _ q: f e;t~ .L~ L~ s
V ` ~ ~ ` r~ - ~p~! i;~LF ' ~
6efae ~+e :!y a ared -.Va: j' r-~:
_ E~lean Clark - ~ , +
his wife. to me wel) kn ~y~~' , 1~~^~;•
._r ~~+d.+.duats desc ~bed in ar,d r?ho e~ecused rhe foreyoiny instrument, ard acknowtedged before me thet tAty execute~~e s~j+lY~•p~,~;
_-~:.i e=F.ess~d_ e~,d r,e sa~d_~ F'il ean R. ClArj~ _ ,
. : i
~ e of s+,. sa ~d Re n r~ 7 n i+t- upo~ a sepirati a~ priv~t~ i
P~d~:fcat,pA by Tc taien se;,a~afr snD aca.t fro~, hcr sa~d,~nd, acknowleclged to ~nd fwe me that s~+e execurcd said instrume~t freel~ ind vofurr
~ u.d w rhout a~r com;,,,:s~on. co-s*r~:rt, a~rchc~+s ear ot os from her ssid band.
WITNESS r+y ~+and and ofiK,r1 scal rh~a-_~ day of A. G. 19~
I ~
Nota+y u iic in and 1w the State of Fbrid~ ~t la?qe -
Qe!.:•~ '.a My Commasron eapires: .
F~rst fede+a{ S~.cr~s i loan I.ssoc,at,w~ ~y~T}~y -
ct-c-_ , f(.~~. ~?':°E CF F'iOF:LA 1R tl?R ;
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:uf F.f•:e f c• Ca _ . s. ~-.0 1:3n~ ~3TE ~I ~~y ~
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Th,s in:n;,?-,e~1 Prepared By J. D, C~a s ta in ~
First federas Sa~+~:g5 b loan Assot~ation
of Fart F~erce~ Flori~s ~
ch~k~ ey _ 6GGK1~~ PA~E~1~~ (
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