HomeMy WebLinkAbout2266 3. To ptace a~d canr~+wousty ~eep on rhe bu~:d~ngs ~ww w hc~e~iter wru~~e on sa~d ~and a~d on a!~ rq:,~~u»rm end pe~wnally co~ered by this mcrtg
~ge. w:~h aU pro~~ w~ns thr~ean d~n fu~l, tue ~~:i„r~nce .n ~ne ~sunl sta~niotJ ~c'~cy to~m, ~n a t.+~n ~y.W~~rd by ~hc A10R~vAl;EE. and w~~ndt~arm
~~su~ance :n tha ~•:~~i ~~e~d,~,d ~w:.cy larm, ~n • sum a~pro.ed Uy rhe MJRiGAGEE, in wch cornp~~,y oa comy~an.rs as ~~~e MORiGAGEE may
d~rcct: ~nd ali !ne a~.d w.nclsw~m ~nwfance ~w:.c~rs on a~iy ol sa~d buiid.nyt, ~ny in~erast rhere~n or part thr~awl. in the ey.g.cgat~ ~~m aioresa~d o~
~n eacess ~he.~rol. shall CM"QdM ~he usual s~u~~da~d inatcJagee ciaute or iu:h o~hH d~uss af the Mor~y~yze may ~eyw~e. nal~~g the toss u~~de~ sa,d polr
c es. asci, and e..rv. pa.~b~e ro sa~d +~~ORIGAGfE as .ts ~nrrrrs~ ~nay appear, ~nd rach a~x! c.e~y ~uch po•~c~ s~,a:l be pto~„p~ty ais g~~rJ •~~d dr~vertd ~o
any held by aa~d h10~i:',AG:E as f~rehrr s_•c.,~~ty ~o sa+J ~~,or~g.,~e debt, and, no~ leu than ren (101 detis in ad.~~~ae oi ~hr ewp~rahon of esch poi~cy, to dr
~:•e~ ~O sa~d A10RTGAGEE a rr~x•,n~a~ d~rrrpf, toye~her w:th a~ece~pf for 1he pr~m~~m ol such r^~+e.~o1; a~~d ~hrre xh~il be ~w f,r~ o. v~~ndstam inswance
p:'ettd on any ul sa~d b4~'d~~ti~s any ~ntrresl thrre~n a pe:t thcrcof, untess in ~he form and w~th the !ou pay~6le aa ato~ess~d; aM io Ihe e.ent a~y •um
of ine.,ey beco~tcs payab!c under ~~ch ~wlicv o~ pol~uvs se~d MORTGAGEE ~fiall heve ~F~e oy~~on eo rrcenv .,nd ~p~:ty thr s..~,~r on a:cou.i? o! rhe i~xlet~rrd-
ness arcu~ed herrby oi ~o perm,t s.i~d Mt?RIGAGORS to rece~ve ar+d uss it o~ eny p..~1 ~t~.rof lo~ c:m. ~,;,~;.c,~~~e. ...,;~,,,t ~n ~3 cr p,,,..
~~y +~y equ,ty, I.e~ or ~~ght undar a b~ v~rr~e o4 ~h~s moc'gege; and in tM event tad M~2TGAGORS sh~tl Ew any rrason iail ~o l~ep th~ sa~d prem~ses so
~nsurrd. d(ail t0 de:~vet p+Or~~plly ~ny O~ 3~~d i~olK~ea 01 ~nfurdru~e f0 fa~d MORIGAGfF. or t~i! ~mptiy lo Ndy 1v.ly any pr~,n~w~~ th:rrfot p ~n inY
~ei~~rct tail to perForm, d:s~ha~ye, e~ec~~e, eiFect, con~pler~, ~o~t~piy wi~h ~nd ab.de by ~Rts covan.?nr, or a..y pan hrrcoi, sa~d MORir,AGEE may p~ace •~O
p+r for s~,ch imurance er ~ny ~r~ thor~of wahout w~~vi~~g or af(ectinq any op~~on. lieo. equ~ty. w r~gM u.,der a by v~rrue of rh~s Mo~tgage. and eht
i.~t a~novm ol eacA and e.ery auch parn+rn~ ih~lt be ,nu,xd~ately dve and payabie and sh..il brar inte~osr iro.n the dare rhr~cof v~~~il Ra~d a~ ~t~e ~~r~ ot
pe~ troro~n ~:er an:w enJ t„~rtn,•~ ,i.uh suth ~ntrrest shaii :~e scawcd hy ~he lien of th~s mw?9age.
To permit, conu~u~ o~ sufier r.o waste, impai~rr.rnt d drtrr~prat;pn ol aa~d-prope~ry o~ any perl thert~of.
S. To pay aIl and u.y..:ar the -os~s, cMrges and eapenses, incfud~ng a reasonebt~ attorney's fee a~.d <osrs of abs~racts of titie, ~ncuntd o~ psid ~t
t:~~e by s.+.d A~ORiGAG:E, beceuse or ~n the event oF ~he (a~iure on ~he par~ of ~he sa~d M.7RTGaGOR ro d~.y, p~anp~iy and I~uy perfwm, d~schsrye.
_.r.u~e, e}IKI, co+np:efe, con~+;y ~~.ih a~~d abdr by each and erery rhe shp~~anons, agra~.,,enh, cond~t~au, and cuve~,an~s uf sa,d pron~~ssory note a~d ~h~~
:-o~tg~a anY or e~~he~, s~ut sa d coa~s. chsryes ar~d r~eFensas, each and evrry, sM~l be imnx•d~ate~y dve ar~d payebir: Mhe:her w no~ there be not~ce da
~~~,•~d. :rrrmpe eo co::x~ w suie pr~~.i.~~y, ,~nd the (~II a~noum of each and rvery Suth poyment shatt bea• ~nt~:est f~pn ~he daec eM~rol unril pa.d a1 the
n~~f~ per c~~~~:~~n ~cr am~.. n; o~: aa~d eos~s. cf~srges end rxpenses ~ncurrtd or peid. toy~ttkr w.~h auch ~me~.:af, s}wil be secu.~d ~r ~he I~en o1 th~s
~nortgege-
6. Tha/ ;i1 in ~he ecent of any brr,~:h o( ~4,~s Ylw~gaye or default on i!r part of thc A10RiGAGOR. w~b; i~ the event any o1 sa'd sums of money
h~~rc~n rr!~~~,y~ to bc n~~ pr,>~nF,f;y y,~ :u;!y pa~d v.uhm th.rfy ,30i da~s ~cat afrrr the sa•~~r severa!ty becor„r due and pAya!~fe. wit7wut demand O? not«~,
: r,~> ;n ~h~+ r,rm each a+.d eve~r ~he stq~u.ano.is, a~ra~ments, cundmo~~s and covenants of sa.d pron~~sswy no~e a~xf th,a nwi~gage aoy w e~ther are no1
i~,y, prwnpeiy an.! y~~tpm~ad, d scha~gcd. ixetvtrl~, tllected. COmp:e~ed, compi,ed wnh a~d ab~d~•d Sy. ~hrn ln e.~Fnr o~ any such evero ~he sa~d ag ;
a:e~are sy.n ~r.rnew,~r:i ~n sa~d prw*~~ssuy ncre rhr.r rema~nmg ~nua~d. wdA interrst sctrved. end a~l ~ncncJS xwred hereby. she:l pecome due and pay. ~
e~ r tor~hw~rh or :herce!frr, ar the opnon of s,~d A10R1GAGEE, as 1u:ly and completa~y es ~f a11 0l ~hc sa~d s~ma o~ mo:iey we~e w~gina:ly snpu:afed 1
rc tx µ~,d a~ sc.:h .~•Z~rfi:,~g m sa d pro:r..sso:y r.ote or in this Morlga~e ~o the connary net crth:tan:l,ny; ano thcrcwpnn o~ ~ier+eeiler at ~he opfion o! ~
s~.d MORTGAGEE, v..s~,_.a n~i,ce w d~~~,and, sua ar ~aw p in equAy, Ihe~efore w tl~e~cal~er b,.-gun, may be NroaecWed as iF all moneys aecur~d hereby
n~d maWrKJ p~.pr to ~rs rit~,t~a~an. ~
7. Tha~ in the e.r~t r!wt a~ the begi~mng oi a at any time pend~nq eny su~t vpo.. ~h~~ Ntortgage, w to forcdcse et, or to re/orm ir, or to enforce
i-.~Ymrnt of drry ci.~:mi R~•e~ ~d.•r. s.+~d A1~RiGAG'.E sha;t apply ro the Cour~ havntg ~ur.~d.ctwn ~h~•~,ot tor th~ appo~n~mem of a Rece~ve~, such Co~,r1 shatl
~~"hw~'ti +FA'•^f ~~_`~~~•r~ ot s.~~d r.:u~tgayrd p~ootrty a:: a~x! si+yular, includ ~g a;l m+d su~g~~ar rhe ~ncome, ~r~1na, iss~es a^d revcn„es (rom wrha~ever
s: ~•cr der~vc`d. Paih e••c! e..••y ot ~..I~ ch, ~r be:ng eapress ~ uruie~stood, ~a herruy mongdged as ~f apec~f~caily xt lonh and destr~bed in the granting and
h.~:-end.,m da~ses hr•eef, and s~ch Rec~~Yr* sha~i have aH ~he b.aad and eflecnve (unct,o~~a and poyv~r~ ~n anyw~se entru~trd by a Co~rt to a Receiver, and
s, ih apFOmrmerr ah~~, ~ r:ede by s~ch fo.:rt as an ad•n,tird eywly artd a matse? ol absotute nght ro se~d MORIG~?GEE, and w•~thout reference to the
"~i~-a~~~r ~~^~~~c-~~; t4r .a:~r of the p~opr~ty mprtgaged or to the aonrncy or msolvc•My of said MORiGAGOR a the defendants, and that such
~~~~~ts, prot,ss. ~nc~~:~~. ~ssves snd rr.encrs shail ~ app~~ed sy such Recr~ver accord~ng to the lien or eqvity of sa•d MUitilaiaGEE and t1~e ~xac~icr o( such
Courf. .
8. To du~v. F~~+*r+~y ~^d I~Uy perform, distharge, eaecure, effcct, cor.,pSete, comply w~~h and abide by each and every the stipulafions, agr~ements, :
:o~drtions and covenann ~n ,a~d proT:ssory oore and th~s mortgage set fath. . ~
f
9. Tha~ ;n ~~,e e.e~t ihz o, --r•sh~p of the mortgaged premnes, a any part the~cof, becomes vested in a person o~her than lhe MORTGAGOR, Ihs f
?•~~Ti7GAGEE. ~+s avuess.:.s and ~».gns, may, vsiThoot nonce to she ~10RTGApR, deal w~th such successo~ ~i succ`es in i~teres~ wdh reference to this ~
:+•o•+gage a~d ehe dea~ ~e~e~y srcured i~ the same manner as wnh Morr9dgor w:thovt in any way vihating-w d~xha~g=ng the Nlortgagori IisbiGty here-
.,-drr a u~~on fhe drb~ her_~:, sea~red. No s.+'e ol the premises hereby mortgaged and ~w lorbeaia*~ce on the part v) :?K MORTGAGEE a its syccessors
e: ass:g~s ard n~ ex}e-~s:a~ o! rhe r~me fw the payment of the deb~ hereby srcured grven by the MpRTC~AGEE a* its successws w auigns, aM11 operate '
+o raease, d~sc'wrge, mod,fy ~har.ge w affKt the or.g~nal Gan~Lty of the MORTGAGOR here~n, either in whote w i~ part. '
10. It is 1~4Cj~:l~~y ao~eed rhat ~ime ~s of the caunce oi th~s contracf and ~Mt no v,ri;ver ~f any ob~~gat~oa hereunder or of the obliqatan sr
cv-ed hereby shei; a+ anf t~-.e ~hcreatter bt heid to be a waiver of the terms hereof w of the instrument secured h.rby.
I l. in aid ~-•o ~~e i~regc n~ .~.onrh'y Fuyments of p-inc pal and inrrres~ requ~red by rhe p.om sscry no•e scw+ed hereb~. mor~gagar eove~ants
•--d a~cees •o ~~v ,o . c•~.~gee ,n~+h ca,h ~-a~•h Y pair.zeM -.n add~nonal wm esT~rt:ared by nwnyagee to be equa~ So ly oi tl~e anr.ual cost of the foiiow-
A-A'i .e~' r.o~rry ~axrs ~ev~ed o~ asses~~d ag3i•,st the above described r_al es+ate.
6-F~, -~-s o•, a+~d .•.~:,osfo•;n ~nsu~a~ce as here~r requ:rhd to be carri.~d a~ the ;m~rovemen+s s:tvate on the above d_scribed premises_
~
~-P•_ ~ o~ s,ch mo.r;~e guaranty ~r.wra..ce as morrgay~ sha~I from rme to t~me deem fit t~ carry on the Ioan secured hereby. :
hio-r~igc~ s^_ ~a~*+ r„~~• ~o t: ~•e nc.~:+~ mortgagor m wr;t,nq of fhe amouv dv~ and pdyable here~nder and such wm shall thrreupon be due and
__.~b'e on c,,e ci ~t,~ n_..r ,,onrh;~ payme~t and each success~ve month ~hereafr:r u~:rii mortgagee sha!i nof,fy me•tgagor of a change irt such
:^vra. $v:!, s.:-+TS~'• :;r a;:a'~ed t,y ~nortg,~y~z to::aid •~~e payment of reat prepe~ty ta:es, ins~rance prem.ums, a~id rtwrtgaqe guaranty insurance
. ~em~~.,.s. . .
IN tirliyfa` V:HE~C^' -ne s' MO AGOR has hereunto set his hand and seaf the day and yea~ fir oresaid n
Sg~,' S~ated aad ~~y;cr i~ence o(: ~ ~ I~r/ ~
L-~' ~ r l-..~. c~ ~.'C t.- ~+~IJ l
an 1n . Y '7
yy s~.n
~-,c~ Ft$~`Pi~-6a ~ ` `"t'- cs.an
. 12'
- ~Scaq ;
5-%+TE OF FIORIDA ~
~
~OUNiY OF SL • ~t1C1@ ~ ~ ~
e~fo.~ ~ a~-d.~a _ _ Frank2in H. E3air _ ~
Marie B~ Bd1T his wife, to me wetf known a~d known to me to b~ Y
~~e ind~v,aua:a deau~.'~,vd in and who exec~ted the foregoing instrument, and ~cknowledqed before me that they e:ec~ted the same fw the purposes
•h~••:•• •+cp,ess~~++,d rhe uid----- - .'ti18IlE F3~ Bd1Y
~~se of -rhe sa~d r YdJl~C111~ H. Q31t upon a separste and privste -
e.am.nat:o•~ •-~.e ta:en u~arate ar,d apart from her sa~d husband, ~cknowledged to and befwe me that she executed seid instrument (reeiy and volun-
'i•„y +r~d ,v;~F.out any co-ny.;.:aon, co~ss.a~nt, appreh/cnsc+~, a tesr of o~ from he~ said husband.
rf Jul
WITNfSS rny ha:.d a++d offic,ai s_al thia_ ~~L! ~ day of_ /1_ D. 19~
- ~ ~ .u _
Notary Publ;c in and (or ~F~e tate of Florid ~My /L~r9s
My Comm~ss~orf expire3: C(
R~t'J-„ TO: • IO-II- ~I '
F,rat fedcr~l $e.~r.~t 6 loan Asm:at.on _ ~ ~ ` ~ ~ x
~J4 .rf e' . ; ~ ' '
ir~rl Y.-r! . f:~_r':i ~ • , ~
- FIlE01?NO RECQltO~ : ~ ~ ~
~ -
=t. LIICIE COUN [ Y f ' -
ltOCER POITRAS ~ - . '
" 1'-- CLEIUt 01RC~It COIMT • ~
Th~s Inst~:,r~,e~t prepare~ By RiCh.3td K. Kayes ~ ~EC0~0 YERIi f~~......~~ ~ , .
f~rst Federal Sav+nys b loan Associat;on ' - •
of Fort p,e~ce ~ Flet :da ~ ~ ~ ~
Cneck._Ki By - - - - - - - - - ~ /(l~ie`c.~l~
BUQK ~t~ -