HomeMy WebLinkAbout0773 3. To ptace and c,ntinuously \eeQ on t!u ~u, d:~~a new or herrairer y tunte e~ so~3 'and and on a11 ~~q,;:~•:-,ent end pe~sa~•ally co~e~rd by this mortg-
~e, w:th •ii pre~~.~~~s +hercon pa d.n f~~l. f~re +~s~re ~:e ~n ~he ~s.~a~ s~a,ve• i~r. ~cv to~m, m a s~m dF.rro~ed bY rhe r.1~~A.;;.~G:E, a~~d wind~twm
nswance in ~he vs.+at randard ~v!~cy rorm, m a•.+:n a;pro~ed ihe h1JRiVA~:E, in su:h cau~an~ or co•upan~es as ~he AtORTGriGEE may
d~rect; •nd all f~~e acd w~ndsro~m i~su•ance po~~c.es on any of u~d b~,~:d ngs, any ~n+e.c+~ fhere~n or part thtrcof, in the a~grcga~e t~m afp~es+~d w
eYCeu there~of, sha1J ;ontain rhe usval sta;•da~d mor+g3qee c;avse or a~:h other c.,.se as the hlo~tya~ee may ~eq~.re, n:a\<<~g the leu under tia~d pol~
:•es, esch and ever~-, pa~.ab'e ro sa~d ~~JRl„AGEE as ~ts :~~rc~~st may ap~ea~, a~~d ea:h ond e.e~y wc1+ po,:.y sh~~~ bt prJmptiy aasg~~ed a,+d de•~vered ~o
eny held bY aa~d h'.OR!GAGcE as f„•thrr sewnty ro sa:d ~ af~aye druf. a.~d, no! :e:s rhan tc• ~~1~ da,s ~~.~d.a~ue ol thr e.~~~~a~~en oi cach pol~cy, ~o de- ~
t ver ~o sa~d MJRTG%.GEE a:enc,na: thereof, i et~er v~nh e:ece: t ior the j
0.~ ~ pre~•:~um of sv.h ra~.e,..; :d +h~•re s~~a.i be no I.rc or ~dsto:m insuranc!
pieced on s~y of sa:d bu, d.~s, any Inferest there:n ur pa~t ~s,~.,eof, ur.!,is ~n rhe fcr~+-, a~ui w~~h ~tie :css pay.~b!e as d~Orl3a~d; a.^•d the e.ent any tum #
af rrtiork•y becones payabte ~nder such ~!~cy or poi,aes se~d A4J4!GAGEE i`~aii ha.e ~hr ~n fo recc..r :•~d .:p~'y t;,a a~~,~e on a.co.,~,t of the indebted-
ness secu.ed hr~eby or ro perm:t sa~d MORTGAGJRS ro recr+.e and uu ~r or any ~t t~,.~ io, ~.:r. .s~s +,,,;,t ih ~a ,:r p,;,~-
~~y- any eq~:ty, l~en or r~ghf un.irr o~ by vir~ue of th~s mcrr~age; and ~n the e~•r~r 53Ci A1~.~RiyAl'Z7RS`'Sh,e,1 ~or any reas~n ~3i1 to kcep ~he sa~d prem;ars so
rnsu~ed. or ta+I to de:~ve~ pro«~ptly any of sa~d poiK~es of ,nw~ance ro sad hlOR1GAC-:E, cr t.~. pr;:,y:r;y to ~•ay f~::y any ~;rrn~.••n theretor or in a~~y
•espect fail ?o pe~iorm, d:scha~ge, ear:vTe, eficct, COmp:ete, cO~~p1y w+th and a5~de b~ th~s :ovc~n~•.~, or any pa•~ h.ra:of, sa~d A!uitt~•AGE[ may ~~ece a~o
pry for such insurance or any part t!~er~es w,~bo,rt wa~v~ng or effe:iing any opt~~n, tien, eq~ ry, or ~:yhr v~:clc. or b~ vuwe o~ thls Moreqage, and thE
F..,~ arrw~um of each and e.ery sv;h pay~iern sha:l be .rn~ned;afrly 3..e and p~yab;e and sh,j~; trar ;,..r~.st from the da+r thc~coi uniit p;~d at the rate o1
,e per cenr„m per an~;, r s~~ ro?ctt~rr v. ~rh s.,:h ~nre cst cha r s~-:.,-rd by the .,en of ;h.s mCrTg3yt,
To permit, com-rit Cr su~fer (10 Nd~lP, 1T.~d~1mp7} 01 detpf,pf6'.J:1 0~ sa•d ~•;~~e~ty or any part the~rof.
S. To pay a!! and sin~,.:ar the costs, charges a~d e~}`er.ses, m:~,;dmg a•ezsa eoie a~'o~nrv's !ce a•~ci cous of abs!racts ot nt!e inc~~red or pa~d at
any time by sa~d MOR!vA~°_E, ~.~.,sr or in the evt~t of ~F~e ta..ure on tnr ca~t o! +tie ss~d A5J~1G~~JR t~~ du,y, pra~:yiiy and i~.iy per!onn, d~acharge
~
e,ecute. E fetl, c~np:ttq Cor.r:~ ,ti:rh and a5 dr by ea:R and rve-y rhe sr:~, ~.::s ay-;. ~r nts. co,d.!.:.:~s. ar.d c~.e ~a~,is ci s.,~d ;•ru:,~l,so~y r.~te a~~d +h~a
T~.rgage any or e~~her, and ss d ccs•s. c~aT~es a~d eaF~nses, oach a~d ece~;. Sha~i be ~~d,,te'y d.,c and Fa,.:~~ c; ~nhi~tl-~cr or not +he~e be ne~~ce dr
r:~n~, attempt to cot.ect or s~~t pe~a ^g; and the tui; ar.:oun! cf eac~ a•,;~ e•er. s_::, ,:~•nr 1~3L t;~a~ ~~~:cs~ j~om ahe dare ~he+eot unrit pa~d et the
,.~•e o+ n~ne pe~ :en,~~.n per o.,,:,,-•:; G.: sa~d coits. u,e•~es a"d ses ,;xu~red or p., d, tuy~•i~~.~r th a~,h ~cterest, stiaif ix sec„red by the ue~ ot th• i
mort9ape.
b. T}ut (a) ~n the e.•em of any breach of tfi~s Mortgage o: de~a.~:t F of :re .•.;J;'G c• .b': :n ~
u~ tt~ ~rr he event any of sa'd sv~ns of money
>•ein refe.red ra be ror p,om~.•:y a~d •~.:y ;,a~d v,n~.~n in.~t :3~~. ~i.i.s -r.f a. • f~~e
> ~ e se_e•:~ crc. d.:e a~~d paYaL'e. ~v:~hout d_~,;and or nonce,
c;c) in the event e~cfi and every r!~e e'.Or,s. agr¢Fmenti co .tl~tw`^.s and .~.e•~ar:rs o~ sa C ~:c:,,.ss. v i3c'_ and +h.s nw~tgage any o~ e~ther a~e no1
i.,:y, pramp:ly an~ tu? y pe•fc:~.ed, a s:':a~a••d e*ec~rrd, effecr~, ~~mpiered, .o.n~i.ed .~.rh a~~d a: ,o. 0 7;, ihen m e.th'rr o~ any su<h even~ the sa:d ag
-egate sum menhonNd ~n ia~d p~o~:,sso~~ nc•z tnen rena;m:~ ~::ra~d, .v~tn r:terr,t acu.;rd. a•:d n,.~n~:s t.-:~red here6y, shell bicor:~e due and pay
~ e io~thw~t4, a th~reaster, a~ fhe oc•~on oi s~.d AtiOr2IGAG;E, as tu,+ti ard com~'e~e'y as .r a~ ci +h~- s~-d s,.-ns of money ue:e o~:gr;,a~Iy shpu:ared
x pa d on s~ch dcy, aeysh~~g ~n sa d p~o..~:sscry nete o• tn~s Morfgagr eo ~he con:~e•y no;;:.rhsia~:d .~.g; a:ia efiere~pcn o. il,e~eafrrr a~ ~he o~_non of
s~ ~ N~t~RTGAGEf, .~.~~hau+ ror.ce or ~ma~~a. s~~t a~ larf or ~n equ~ty, the:e!ore o~ t;:e:eat~er begvn, n:ay be p+ose.uted as ~f ell monrys secured herehy
n_d maiurea D•:or ro ~K ensr.t~?~on.
7. 7nee ,n r!~e even! tha! at tnr beg~~n:~g of or st any t~r,e pend~ng a~y s~Y vpc~ t~~~s Mo-+gage. w to fcreciose it, or to reform it, or ro enforce
; a:meni of a~v c.^s he•evncer, se~ci ~.tiJv'u:.vfE sha'~ ap~`~ fo ~he ~o~~f ha..~-~ ;~.s:: ci.o~ ei;t«ot for }he ap~.~~nrn,em of a Rece~vcr, such Covrt shail t
~o.•hwith appi,:r•t a.~.:e~.er of ss~d +*~or~ a~ed . ) ~ i^u~.z a..A s..;.; a~ ~i e erco;>te,
3~ p ooerr • a:~ and s~rF ~iar, ~3 ; . n•oL~a. ~ss.,es and retie~,~es from whatever ;
s:.,•:e derived. eac' and every ot ~h:ch, rt oe~~ express'y unde~st:rd, ~s ~e:_ny n~o-~;,__~d ss specf~ca.iy set fe:th and destnb~ in the grant~ng 8~d
`~~bendum c a,;ses f:ercas, and svch Q~~r~ver sha;~ nn,rr ai: the Dr;,ad a~d rrx~:ve f~n~- o:s nnd powers en an~,n;se enr. ust:d by a Ce~rt to a Recc~ver, a:zd
s.;h appo~nrr.,e:~! s~,a, bc made by s~:h Co.:~t as an adT.^rrd rq,,~r. and a Fr.rfer c! abso':ure ~~gh~ to sa:d N.JRTGAGEE, and w~thc~t rEfcr~nce to the
e~eq:~;cy o+ ~naoeq„rcv ~1 ~5e va:~e o! the p~opr~ty mo•*osgeo or ro Thr sovrrxy or :nsc .~ncy o4 sa.d MQR~GAvOR a ihe deiendanrs, and rhat such
`^~s, proirts, ~nc~.-ne. ~ss~ea and rever,ves sha~i Ve app,~ed cy such Recr~vrr ac.ord~ng to f}K leen or e~v~ty of sa~d MORTGAGEE ar.d ~he pract~ce of suth
ourt,
8. To o~~'y, pr~.npt;y and fut!y pe.'o•~,, d~s:harge, exewte, ef~ect, ~~mpieTZ, co:~.p1y wnh and ab;de by each and every the st~pulations, agr~ments,
_~~drtans arui covenanra :n ~.d pro-:sso-i ~o~e and :h:s n,arga~e se; for~n.
i
9- 7hat i~ rhe e:e~r rhe Gw^e-st::p of thr mor.ga~cd pre•-+~~ses. or a•oy pan tnereof, bccar.:rs vest~ in a perwn o~l~er lhan the MOCIGAGOit, the ~
Y~C~GAG'.z, i~s s:,ccessars a~d ass~yns, may, v.~rhovt n:.+,ce to r~,e atORTGpOR, dea~ W~~~~ s~ch successor p sutcessor in ;nterest with rpfer,ipcz to th~~ ~
~ o~~gage a~d •~e deor F,ere~~ setured m the same mannQ~ ~s +~r.h ;:,ors~agor w~+h~uf in any way v;r oting e- d~scha~g~ng ehe Mortg>gan' liabuety here-
_•~der o~ u;~o~ •he d~cc sec~~ed Ne sa:e cf i+~e ~.•e~-nes h_•eb; mcrtgaged and nc 4o~beara~ce cn the Fan o~ the !AORTGAvtE or its suctessws ~
LSi:a'~S and -.e <_x•e•-s of *he ~:~,e *e• +~e ~ayme^* o+ ine deb~ hr•eby secur~ o~~en b~ ~he flOR?G~+GEE c~ its successors or ass:gns, a;~afl operate
ro re+ease d:s;F~e,3e, ~-~;.o:~y change or ayiecr the o•,gma~ .~aa .s~ of rhe /J~ORTvAGl7R here,n, e~*.her irt whoie oi m part.
l0. !r ~s s:et'~;a ~y ae•eed that t~me ~s o~ th> esse-~ce ci th s co-:'rac+ a~d tfiat no wa~ver of any oN ~at~on hereunder or of the ob!igation se-
:.,~ed hereby s=:a a- an~ tr:e rnereaf;er be he.d tc be a wa~.er cf t~e terms hereof pr of the ~•~stru^~rnt secured he•by. ~
1 } e~a • ..z 'o•e~c ~ ~ - _ ~ f
-~ts o' r-~-: o~tl rea,:.~ed b~ t•,e ,.on, ys •,o'e scw•~ n~~e5l, mort
F d ~ ~agor covenants
~ a_•`-es r~ ~ey ,,i y-3gee wnh eac~ r~r.•~ y ~,jr:.,ent a- ooa .o^ai s~ . s••~ ~r~~d bf •„-+gagee to be e;;,:a~ to t 1'<' of t'~e an~,ua! cost of the follow-
o F
. f
ti-:.'~ r..a pro~e•ty taazs iev.ec o. assess_d ag~..s• above orscib•d r,a~ esiare.
3-~':'~ - s on f.c~ ano ^~5?_'~. ~cs,:•a•ct ~s i.rre~^. . -ed to br ca•-°a c-: ;h:~ ..•ov: .
'~'a- • : ^ie~rs s.t,;a+e o~ rne above d=sc~~bed prem~ses.
C-yre• ...s o- s,:ch mo-ry~~e 9ua-,;-Ty ~~s,:ra~:e as mortg~gPe sha:I jro^ eme ~o •~+ne deeT (ir to carry on the toan sec~r~ f,ereby-
?J:or+gaaee s-= ro ~.~e c~~~. ^~c-~,,g~• ,n ,..,t,r.g oi th_ a-o_~t tl, a: d payable hereundrr and s~ch sun sha;i thzre~pon be due end
.,ab,e on +n.- ~,,E e, . • r, a•,d e=c~ s,;ccess~.e e_i~,r m~~~g3gee shali rwf;fy rn~rryagor of a change in s~ch
Sucn s..rs s ,r; py + ~,~,__e ~oea•d the pay.re~t c. rea' cr„~,e.~y taxes, ~ns~raicr prert~ums, a~d mortgage g~aranTy :ns~rs~ce '
,'^IJ!+15. . !
1!~t L'JT~,~E~~; ::~c%;"t se: MORTGf.vOR has here~•:~o se* 6:s ha~.d and sea~ the ay and yea fir atoresa~d.
- 5 a~ed o' the p~eyence os~ ~~IED AND 4~(,`~ ~
St. ~YCtE CO
1~OGER PQ1TR~t ~ t ~.ti t .K-~ (s~.q
- ~ CLERKC1RG111TC ~~~C ~a~
_~1:.~ +~econo v[a~r~Eg~~~
(Se~~)
- r - I~la~t 19 !0 ~ts AM •j~
: :.Tf OF fLOR1DA
f-;JNTYOf St. ~~~e 2 06 7~,2
Before me penor.a;iy aP~b,ed __Cha rl ie 411111 ls'~IDS _ MQ
- 1'] l~p ap Wilj iams ----4 h;s w~te, fo me w~ll lnown and k~q+rrn to +M to M
"~F ir.d~r~d~aif deso+ted in a~d who e~ecvted the foregoiny inslrumeN, snd acknorv:edg~-d brfore me ti+at tt.ey exet~ted the ~ett~ fQ~ (~.~yp~ j
~~•e•e~~ e~p+eav~d /v~d ri~c u~d_ Lil l ie MaP W1111aiII5 ' ~v~ - f
_ - - - - - - -
- -
r.~e ot sa,d _ Charlie tv'illiams
- _ - ___r ~Pald's?p~r.i•e•Zd~ ,y
~~o-...r.e~:cn ty -ne tei..~n upa~dre and a;,art !r~~ F,~•r sad hvsba-~d, acl~+orv,edged fo a-.d before me t}:a+ s>>e reetufed sa~d in~;E(xne~rfr~tlY~y(~1utF
=•~~y ai.o w~thovt eny to•r:~,~,~~on, CO~ s~rc:rt, spVrrh@~~l ~'ni w feer of o+ f~o~rs her sa~d husband. ~ y ~ -
^ - ~ ~ .
. 1h`ITNE55 my kand and o4f~c~a: seai th~s ~_2ot'n . HSZ'Cfl ' -
- _ oe~ c.! . - - - _ _ - - - ' Q 19_~~'.
•
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- ~Jl..l~/ ~ - -T : % ~ . _
Noia y PvF,GC dn and tor~ S~st~ ~ f~'~.~1~4v~, i
My ornm,ssivn eapiitY. ~ '1 t'-
k""~~' ?O NOTARY PUBLIC STATE OF FIORIWI~ S~-.•
i~n+ Feder~I Sa.~ngs b lca~ kss~~c:ar~~~.. A"•Y CO•' !'iSS10N EXPIRfS MAR. y~~j~~.
- ~ ' 0lNERl1l 1HSUitANCE UkDER1~y
, I.,, ii1TERS. tMC.
Th~s lnsf~~~ment Prepared By Richard K. Kayes
F~r~t Feoeroi Sev~ngs & L~~an l+ssociafion
of Fort P~err_e~ Floric~
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ChF•ked 8y ~ _ . - ~ k 191 . f ~ ;
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