HomeMy WebLinkAbout2156 ~
~
3. 1e pt~c~ a~d oent«Mrawh~ ~ a+ N~t bu.~~.~ ~ow a lwwhr ~„a~e o~ ~a.d una ~~d on ~1, a•q,npmeM ~~d psna~~:~r co.~aed by N~w w~er+~ '
a~, w~fl? ~Y Pr~~wN N~so~ W~d rn ivil la~ ~n~w~~ct ~n tM w.rsi s+•~drd pa K~ iMiw ~n • a.~T ai„xortd br t*e M~?t~vAvEE. •~d w.~+o~~ ~
Mwvw~ca 1e ~ u~uN s~snd~.r po?~c~r fa~ iw ~ waw ~poRov~d Mr r1y MOtTGI?GfE, in wcA comp~ny a co~ryvn+~a M~N ~t1CiAGfE wwy
d~e1t ~ NI fw an/ wind~anw in~u.~nw vo+~t~ o^ +rw ol ~ bwld.ep~ ~nr u+kres~ ~wt~n a p+n rAe.co+. ,n n.~ .py~.~~~e aww ~bre~a~d M
in ~iaN lbaaf. sA~ll oomain tM ~ww1 aa~dwd rwo~qpM e~aw~ p wd~ aMr c~wae w~Ae Maqpe~ enaY ra~.nr~. r+~e wa wdK sad poiF
c»a. ~A ~nd evMy. a+raW~ a s~d ~RTG~?GEE M:a x.w+~ w~r ~PP~M• ~nd s~ch ~nd ~vrr w~A W:~ ~1»tt 6~ pa+wtir a~s qned a~+d d~~r++~d a
~ny h~d by wid MORIGI~GFE a fw*hM iecv~eeY ~o ~ad ~napp~ d~W. ~d. ne~ 1~as tlrn Ne~ t1~) d~ys in ad.~a~a of Me sapr~r+a+ of e~A Po:•cY. ~o dr
IivM ~e w~d MORTGAGfE • ewkw~l Mw~ef. 1o~Mlw with ~ nap~ fw Ihe pr~ww e! wd? ?~new~i; and eAe.e d+a~l be no t.r~ w w~~wis~o+m ~ns~r~nc~
pbpd en ~ny d sad bviW~npa, w~r inurMl ~hrrpn a p~rt tlwr~ol. w+iew iw NK fo.rw a+d wru~ ~1y ba p+raWr w~faM~~d: and ~n el~ s+~er any aww
Of 111pMy L~(OiM~ p~~Wt W~~ MK'w P~KY a Pd~CM~ M~ MORTGAGEE th~il Mw Mr op~an ~o .ectirve ar~d ~pph t1.~ w++~ on ~ccoum of rhe Kdeb~ed
~ wcvnd 1w~by a w per~wM w~d MORTGAGORS b tiw:v~ and w d a•ny pi.~ Mefeof tcx ott,~v w+~c~~s. w~,~w,ut M3~f o. .~•,~a~~. .
+~D ~r ~~Y. li~n a ripta und~r a br virtw o~ Nd~ ew.-ap+Qa: ~nd in tM ~vM~ wd MOitTW?GORS s1a11 fa any reason fail ~o teeF ~he sa~d prMehes w E
+tiund, a fdl w d~iiva Pr~b ~^r ~ s~ Pa~c:e~ d~~.w a s~~d MOR1W?GEE. w(a~! Pra^v~h w W1~ fu~~y .~y p•«•+~.,m c~e.eta a a? a~Y ~
...p.n f.H a p.rfwn~, dwci»rye. •,c.cu~.. ~ft.c~. co~npMt~, to^Whl wi~h and ~bd~ bY tAia oovM+nt. a~n~ p+n AMwf. s~~d MJRTCsAGEE inar p4ce M+0
WY for sutA itiur~nw p~ p~'1 11w~of witlw~M walvin0 a~fhelino arM option. Iwn. p~?M. or ripM urKMr w by v~nw d M~s Maryap~. ~nd efit
4u11 arnaxN d Ntl~ and wwy wd~ WYnw~w ~11 bt imm~di~~e1Y P~YabN ~nd s1u11 ~s? inte~est haw tM daM tl~ered u~s~l ps~d N tM ~aM d
nine pa a~nA~n pw snrwm and to,~etMr M~i~h f~+cA iNaest s1y11 be aecur~d by th~ 1iM? Ot fAit m0rlpgs• .
J. To p~rn~lt, oaNnh a wff~? no wast~. in+Wir^+R^t or d~iwatSOn of said prop~ny a~n~r p~rt tlw+of-
S. To p~y ~11 ~nd sinpvl~? Nr oosta. chwpw +^d inckidw~D ~ rwon~ble ~ttomev'~ fe~ and own of absn~cta oi t~Na. incur.ed o. pa~d a+
eny time by s+id MORTGAGfE. b~cauw or in tM ~wro of tM fa~luro on N» pkf of tl+~ uid N10RTCsAG~OR to duty. Pro^+P~iy ~nd fulty pe.fonn. AacMrge
exeMe. ~ffect. aomple*~. complY w~th and ~b~de bq each and every ~he sripula~;ona, ap?eeme+as. c+ond~~~orr. +~d oovs+~ann of w+d p~om:awry nae and ~ho
monpape ~ny or e:++he~. ~nd s+d ooata. dMrp~t ~e~d ~xpMws. ~aci~ ~e+d ewry. sM{i be in+n+ed~aKh P+rabie: wi+eN+c+ or nw ~her~ be ra~~ae ~
mand, ~its~ipl to oolbCf or wA pM~dinp; ard th~ fvU amoWM of eaCh ~nd wrsrY sucA WYmeM sMN bea~ a»aeresl tron~ the d~M Ihereof uroii paid N M~e
rare oj nine pn oentum pa +rowrn; and ali s~id costs. cMr~et and ~z~u~ incvrred a p~d ~~tAe? w~M such inN•est, shaN b~ setwed bp the ian of tha
n~or1~~. '
6. 7Mt (a) in Me rwn~ af ~+y bread~ d this Margap~ a defauh on N~e psrt d the N10RiGAt'sOR, or b) in the weM any of sa~d sw~s o~ ~wne~
he~ein rofe~red ~o be not p~wnptN s~+d tully p~id within Miny (80) d+ys e~ext af+e+ tl+e s~mt se~r~ra!ty beoome due and P+Yabl~. w+?hou~ d~+eand w not~w,
w ld in flr erent Nch +nd w~ry M+e aipula~qnt, aprMrn~nla. oo.~ditiau ard covw+ana of ss~d prominwy ~we snd th~s mwtpaye ~ny w e~tAer art no1 ~ t
iu~Y. P?wnptlY a~d fu11Y W*~~~L d~w9ed~ e:ear~ed. tfiected, oanPiehd. coRp~ied with and abided by. tMi+ in eitl~ or ~ny wc6 evr~a tAe sad ~g ~
prepste sum menr7oned in s~id p~onyssory note ti~? remaining unpad wiNi ina?est ~cvued~ and a11 mone~rs secured Mr~by. shatt becon~e dw aad WY~ i
~bk fo~tlMwitl~, a Mersaftsr. +t ~e option of s~id /MORTCs~FE, as h?tN «+d co~.~eN +s if +11 of the said sw*~a of ma~er were or~pen~lly u:pu+ated ~
to be paid on such day, anythin~ in said prom~ssory rw~e or in tha Morl~+pe to the oonf?~ry notwrirhstsnd~+g: ~Rd the~e~+pon w the~caftr ~t the optan ot
said MORTGJIGEE. witl~an not~ce or de~ suit M law a in puitY. ~hera~we or MareafKr be~ueL may be p~osen+~ed as N all monsps scan~d hereby ~
nad m~tut~d p+or to As vntitutwn. . -
7. Tl.~t i~ tl+e evaat tMt a~ *he bgirvw+p of or N u~y ta+r pM+fiuip sn~r wi~ u~son Mo Mwtysye, or to iweclote it, a to refom~ i?. or to eofara
oay+ne*» of ~ny clsims he?eunder. ssid MORTGAGEE sMtl apply to the Court haviry jwisd~nion ~leereof fw the a~po.ntment of • RKtiYN, wch Carrt sha11
forthwith appoiM a reoeiver oF said mo~t~ged proparty all ~++d tie~ular, indud~np aN u+d singvlx the incon+e. p.of~a. isaues ~nd reveex+es fran v.hatere~
wu+ce darived, ead~ a~d every d wi~Kh. it b~in~ e~cpronty understood. is herebY monQ~ged +s if spec:fic~:iy set fo~ and descr~bed in the y.aminq and ~
hebendum clau~es hereof. and wd+ Reoeive? shall have ~11 t!r broad and effect;ve funawro ~nd Rowers in anywise e+musted by a Coun to a Receirer. and i
suc+~ appointmenr sMl~ be msde by wd+ Caxt ~s an ~dmimd equity and a matter of absolute rgM w said MORTGAGEE. and witlw~a refercnce to the i
edeQuacy o~ in~dequacy vF the wlue o~F the pop~ny ewrtpsyed « to the so+ve~cy a insotvency of s~id N?ORTGAGUR a the defendsnts. ead that wch ~
renn. _ profits, inoome. +awes ~nd revsrwes sh~H be appli~d by wch Reoava accord~n~ to tht lien a eqv~ty o} said AIIORTGAGEE u+d ihe pradice o( wch
Ceur1.
8. To duty. p~wnptly ~nd fvllY Perfo*rn, d'scFwpe, e:ecute. effett, cwrple~e. oomplY with and ~bid~ by ead~ snd every the stipul~t~ons, a9nanen».
conditions ard cove+rMS in sad promitaotY no~e ~rd thia mortp~ set foctti_ .
9_ Th~t in the everA tfie ownerst?ip af tiie moK9a~ed Prem;ses. a ~ny part thereof, becomes vest~d in • peason othe~ ih~r? the MORTGAGOR, th~ ~
MORTGACs~E. ita successo~ and ass~Qro, maY, without nwice ro the MO[1G+~OR. dea! with wd~ uro~essor or successor in ireterest wah reference to this
morty~e and the debf hereby ~acu~ed in the s~rnt mt*vror ~s with klwtya9o~ witlw.it in anr wsy vitiatinp or discl~xp~g ehe Mwt9+4wi li~bifiry hcrr
under or upon the deW he.eby sewred. No sak W the p.emaes hereby nw.f~a9ed snd ~o forbesr~noe on the pa.f of ~he lMORTGAGEE a in succe~son
or ~ssg*s ard no e:rension of fhe time for the p~ymem of the deM he.e~r secwed piven bp the MflRTWGEf a its sucoesfors a assgro, shalt opaats
to re1~e. d~sclrrpe, modify cl~anye a effect the oriprwf l:~b~lity of the MORTGAC',OR here+~. eithsr in wri+oie or in part.
, 10. N's spes~fically agreed that time a of tfie essence of this ow+~rsct and tha~ no wa;ver oF arryr ob7g~tan hereur?det or of fhe obliy~tioe se-
cured Iwaby shali n sny time Mveafter be heid to be a waiver of the terms hereof o~ oi thc irotrunem secwed he.by. •
I1. In add:Tea-+ ro thc forego:ng nwnthty psyments of princ pa1 ar+d imerest required by the prom;ssory no~e sccvred hereby, rtw~tgs~or coven~nts
and ayrees to pay ro mongagee with eath rtwnthiY P+Vment sn ~dd~~ional wm esnma~ed by ^wct9+9ee to be eqw! 10 1~ 12 uf the anrN,al cosi of ti+e fdbw-
A-Ap real propeity tazrs kvied or assessed agai~at the above desc?6bed re~i estate_
8-Premiums an fire ard wi~dsto~m i~surure as herei~ requ~ed /o be carried on the 'ur+proveme:MS :itwte on the ~bove described premises.
C--Wem:ums or~ wch mort9~ 9~+*~Y ie~wranoe as mo~ty~gee sfiall f?om time to time deem fit to csrry m tt+e ioan secured herebY-
~~9~9K shail from r~me ta time r+wify mortsapcx m writirg oi the sn,ount due and payable henc~~der snd wch wm s#utt tl+c+eypw+ be dc+e end
cayabk on the due datc of the ne:t monthlY P+Y~~ ard each suceessive ma+th ti~ereahe+ ur.til mortyspee shsll no~ify mortg~gw oi s cF+s~ge in uxh
amount. Sudi wms shail be spplied by mn?fyapee towird the p+yrnenl oi real property ta:es, i~ur+nce pem:wsu, and mor~ga9e 9wr+My inswance
prenwums.
~ IN WRME55 WHERFOf, tim ssid MORiGAGOR has haeurno set his hand and seal ti~e d~y snd ytat first aSoresaid_
~ S~ s4 Se~M d deiiw d~n ths prewr~oe a~f: ~ FILED 41~0 RECOApE~ `
i ~ - ~~~R~ -ET. LUCIE COW1tY ft~,
Orl . ~
~ ' RECWEO YCE
RF
EOIiRAf
~ ne
~ szaTE o9~~ I~ar~].ana Z~ 3 41
~ 2a~`tE~ ~
couN7~r OF ;
s.s~ ~ o«.a,.ur +Qw+~.d Vilsnn J. Rhodes .~d
G. Ire~ Hhcdss w. me wei~ k~wwn .na kno~n to ~ns +e b.
tfie ind~vidw4 describ~d in and who e~c~cuwd t4k fw~poinp ir~strur~a. ~nd ~derwwkdped befon ms Hw tk~r eaeasted the sanr for the purpows
rhe+ein exprexed. And ti~s ~~ie! d_ Lrwnw Rbndes
.
wife d the wid ~~OII .1. ~4~S upm •
ex~mw+aeio~ by me t~ken sepwate srd ~p~rt fran hsr s~id i~usb~ed. ~etro+ibd~peA to ~nd brfws ar tMt she a~sM~d aaid instr `
u tarily ~rld withOYf ~:fy COrtIp{I~f~OA. LD~~ttraifd. 1pp?l~Nt~iiOfl; O? fM? Of O? frpn ~1M iiid 1Ml~bYld. ' ~i, •~j~
~ W~Nf~ T~ ~Itl~ NId OffiCM~ N~~ 1~11f_~~ _ d1y Of ~ ~
~ ~ ~ •
"s _ - - : i ; ~ n '
z
~ WorMy " ' fw Sues ~L _
~ My Cam+"~'°n "`N' ' ~ . g : _ ~
~ Renwn To: r1' COIR~I`c°• ' - ~ ~ . ~
~ First hd~rsl S~virps i lwn Iusoti~to~ w~LK E7.P;kE$ 1ULY 1. I ' ~a -
~ O~ fwt P.efce. (S,~ -
~ Fon P~e+u. Fbnda y : •
~ / ~ 7 " ~~lti;` . • C` .
~ _
~ This Instrument Prepared By J. A C~ieLi1D
First Federal Sav+n~s a Losn Association
~ of fert Pieroe ~ llot'ida
a
~ ~ 189 ~2149
~
~
~ - ~
~
. _ . _ _ -
~ ~ .a
- .sz ,,,f'»
. _ ~ ~t~^x ~ . `y"~~~ . . ,