HomeMy WebLinkAbout1783 1. To piace and com~nueusly keep on the l,v~'~l~~~9s nu.v or Lereelter situate on sa~d land and on alt equipmenl and pe~so~ally covered by this ma
sgs, Wi1h all pren~iu~»1 Ihercon pad in fi~ll, firc ii~sura~cc ~n the ~sual slandaid poi~Cy 10rm, in a wm epp~uved by Ihe MURtGAGEE, and wmdsto
~nsurante in the us~al uanda~d put.cy ;o~~n, in a su~n app~o.rd by ihe MORTGAGEE, i~ such co+~~pany or tompan~es as tha MORiGAGEE m
d~rec~; a~d ~11 lire a:~d w~nJsto~m mw~.+nce po:u~cs on aoy of said build~ngs, any in?cresl ~hc~ein or par~ thrreol, in ~he aggregat~ wm aforesaid
in eatesf thereof, s~all co~tain the wvil s~a~~darJ murtg.~gte c~ause or such o~hei dause af the Mo~tgagre may requ~re, malinfl the lou under sa~d po
c~es, each and every, pay ~b'e ~o said .~1pRIGAiJf E ns ~ts intrrrst may appeer, and each anJ every such po:~r~ ihall !x promptly ats gned •nd deGvered +
•ny held by sa~d A10RiGAGEE .~s ~urther srcurity ~o s~~d ~~w~~y+ye dcbt, and, not lesf Hwn tan 110) daYS in advance ol tho expi~at~a~ ol esch policy, to d~
~wer to said h10RiGAGEE a rencwal thcrrof, tex3e~hc~ with e rctn~pl for Ihe prenuum o1 suth renewal; and there ShaU be n0 h~e or windttorm insuta~c
plated on any of seid bvild~ngs, any i~vcrest ~Ihe~em or ~,ai1 tl~cieof, unless in ~he lorm and with the loas peyable as aforesaid; and in the eveN eny sun
of money bcco~nes payable uncl.~ such poGcy or pol~c~~•s ss~d AiJRiGAGEE ah~lt have ~hr opt~un to recr~ve and apply the same on accounl o! the i~xlebted
nefs setured hereby o~ to permit se~d MORTGAGORS to rcn~rvc and ute il M any p.~rf !hr+CJ~ to~ oth••r pur~~~si•s, v.~tiio~f ~h ••i u~ wai~r*g v~ ~~~~pa~~
Ing any cqu~ty, lien or r~ght undc~ or by wrwe of ~h~s n,o:~yayr; and in the event aa~d MORTGAGORS shall !or any rca~on fail Io keep the said prem~ses so
~ns~~cd, or fail fo de~ncr pranplly any of s~~d Fwl~c:rs of ~»surancc to se~d MURiGAGEE, o~ f~d promptly to pay fulty sny pre~nwm thc~c+ot o~ in a'+y
resprc~ fail to per(orm, d,scha~ge, eYC<ute, eHect, ca~~plere, con,ply w~fh a~~d ab~de by th~s coven~nt, or any pa~~ h~reoi, sa~d MORTGAGEE ~~ay plsce a~~d
pay fw such in3uronce or any part thr~eo! wrthvut weiw~~y or eff~cting any optiun, ~ien, cyu~~Y. or reght unJer or by virtue of thi~ Mw?gaye, and tht
f~ll anwv~t of each and every wch paymem snalt be ,n~mrd~atcly dve ai~d payab~e and shalt brar interr~l irom tho dale Ihcrcof until paid at the rate ol
~~~~~e ~x~ cent~~~ p¢t annu~n onJ to~rthrr ~nnh su<h n:!..rest shau so:ured by the lien Of thil mprtgagtt.
To permit, commit or wffer no wasro, imuairmrnt w Jrter~orat~cn of sa~d property or any pa~f thereof.
5. To pay a11 and singutar the co~t~, cherges and expenses. ~n.tud~~~g a reasonable at~orney's iee and cos~s o( abst~ads of titie, incurr~d or paid at
a~y ti~m by s~~d MOR~I'~AGFE, because or in the eveni of Ihe fa~:ure on Ihe part of the s~id MORTGAGOR to duly, pranptly a~d fully per(orm, d~scharge.
_Y~c~te, efEec~, canplrre, co~nply w~th and al.de by each and e.cry the snpu~a~~ons, egrcements, condit~ons, and covenants o~ sa~d promissory note and thif
n,ortyage any or e~~her, a~~d se.d coats, charg~s and e.Nens~s, rach anJ rvery, shail be immrd~atrly due and payable; whe~her or not there be no~~ce do-
mand, alte~npt to co:irU o~ suit pend~ng; and the tull a•no~nt ot rach a,~d e~ery svch payment shall bear interest from the date thereof ~ntil paid al the
r~re o~ nine per c~nt~m F~rr a~:~n:.n: o~~c' atl so~d cu~ts, cim:3rs a~~d ~~:x~~s~: uxuned or pa~d, togethrr w~th such interesl, shall be setured by ~he Geo oi thit
mort9sge.
6. That (a) in the e~-em of any brcach of this Mo~rgage or defauft on tl,e part of thc MORTGAGOR, or (b) i~ the evenf any o( sald sum• of mone~
herein refer~ec! to be nut pTOn+ptly and fuliy pa;d w~rl~~n th r~y ;3U) davi nrxt a~n•r ihe sa~~~e severa:ly beCOme duC and payable, without demmd or not~ce,
or ~c) in the evem each and rvery ~he SNpulat~ons, egreements. co~,d~t~ons a~d covenants of ia d promissory oote and th~s morlgage any or either aro oot
iu:y, pro~nptly a~d fuily perforn,ed, d scharged, executed, tifectrd. completed, tompi~ed w~th and ab~ded 5y, then in e~ther a any such eveM the ~aid ag
~~egate s~m mentwned in sa~d pronussory nute lhen ~rn~a~:ung un~•a~d, wdh inre~rst aci~ued, and aU inoneys setvred hereby, shall betome due ant) pay-
~be forth~virh, or thereafter, at the ep`~on of sa~d A10RiGAGEE. as lu~~y and co~rplc+c~y as il a~l oi tlec sa~d sums of mooey were or~ginsliy stipulated
.o be pa.d on wch dcy, an~thu+g m Sd.CI F~O'n~4iO~y ~otr or ~n ti~~s Nortgege to Ihe contrary notwithstanding; and thereupon or lhereehe~ et ?he Opbon of
s•;~ MORTGAGEE, w~thout ~~ohcc or demai:d, suit at law or in ryudy, there(ore or tl~ereaiter brg~~, may be prosetuted af if all mOney~ sKUred heteby
n._d niaturCd pnOr t0 ~IS inshtt,tion.
7. That in the e.ent rf~at at the begi~n~ng ef or at any tune pe~~d~ng any wit i~pon fhis Mo~fgage, or to io~eclose it, o~ fo reform it, or to en(orce
~a,ment of any c~a~~+~s he•eu^der, sa~d h10RiGi.G:E sha+: o~y>ly to ~he lcurt ha~~ry ;~rnd.c+~on thereof for the appo~mmem o( a Receiver, such Court shall
fcrth.v~th appo~nt a rece~ver oi s.+~d r.rortgay~d proprity ail and a~n~ular, i~~iiud ng ail a~~d singulm the ~~tome, p~ofits, issues ant~ (evenues from whateve?
s: u.ce derived. each and every of wl~ ch, be~ng eaprrss'y undr~s:uod is herrby rnorrgaged as if spec.f~cally set •fol°t!i and describzd in the 9~anting and
!.+`~endum tla~~ses herrof, and wch Rcce~.er sha~i have ait the br,>ed and rti.K!~vc fu~~c~,o~~s and powers in anywue entrusted by a Courl fo a Receiver, and
s_,h appoinrme~~t shjlt b~~ made by s~ch Cow.t as an adnntrd eq~ny and a rT:atter oP a~,soi~rr {~gM to u~d MORTGAGEE, and without reference ro the
a,ieqoacy w inadeq~acy of tF.e va;ue of the propr~ty mortgaged or fo the so.•rr~~ty ~r ~nso!venty ot sa~d MORiGAGOR or the defendantS, and that such
.~+rs, prohts, inco•ne, +ssues and reven~es sha~! be appnrd by such Rece~vrr accorci,ng to the;lie~ or equity~~o1 sai~[MORTGAGEE and Ihe practite of such
CJVft.
8. To du'y, promptly and F~IIy pertorm, d~scharge, exec~~e, effect. complere, co~nply with and abide by each and every the stipulations, agreemeMS,
cond~tions and covenanrs m sa~d prom~ssory note and ihs mo~sgaye se~ farth.
9. That in ~he event rhe ownenh~p of the mortgaged prem~ses, or any part thcrcof. becomes vested in a person other than 1he MORTGAGOR, ihe
4.')RTGAGEE, its succensors and as<~gns, may, w~rhout nu~~ce to the h1pRTGAOR. deat wrth such successor or wccessor in interest with reference to this
•-o-~gaye and fhe debt hercby secu~ed in the same mann~r as ~~rh r.loriyagor wnhout in any way vit~ating w d~xha~g~rg the Morrgagori liability herr
~~~der or upon the de~t herei~~ secvred. No saie cf the En~n.~s~~s h~~~eby mo~tgaged and no lorbearance on the part of ~he ~AORTGAGEE o+ its suecessors
r ass~gns and no eMte~s+on of the t~~ne ~or the F~aymrnr o} the drbt h~ reby secured given by the MORIGAGEE or +ts successors ot assigns, s~~all Operate
ro re+ease, d,scha:ge, mod~iy cha~,ge er aNect the or~y~na! G~u.:.ry of ~ne M,ORiGAGOR herein, either_in whole or in part.
10. It is snec:f~ca~ly aa•eed that t~me ~s ef the essence ef th~s contract and that no waiver of any obligat~on hereunder or of the obligation se-
cvred hereby shaii at any ti:~~e ~herealrer be hc:~ to be a wa~~er of the terms hereof or of the instrument secvred herby.
! t. In ~:id.r:o, ~o tne foreg: ~~~onrh~~ ~ ay•n~~ms ef p~~nc pai and inf_•~~•sr requ~red by the prom sscry note s:cu.ed hereb~, mortgagor covenants
d agr,~es to ;:ay to r,o•ega3ee .~~th ea:h n ~~~*1~ .e+:t ar. add,:~onal s~~n rsr areJ by mcityagee to be equal to 1, 12 of thr annual coat of the fo~low-
,
A-All .~al F-rope•ty ta,~~s ~e:~ o~ ass:,sc_•,i ag3~~s+ thc aEo~e desoi~cd ~.al estate.
6 P•; -~s on f,re a~~d .,~;ndstc ~rs~~a• cc as herr~n roq., red to be ca~r~. d cn !hr nn~;roveme~ts s~tuate on the above d_scr~bed premises.
C-P~rr-,:u:~~s on such ~~o:t,;qe guarrc*v irsura~ ce es mc•~gagee shai; from t me to sime deem fit to carry on the loan secu:ed hereby.
r.So~tgagee s^a ~'~c~n r~ * e to ~~~e nc•~~~ ~»on,,,gcr m wr~ting o( the a:~oo~t due and payable hereundrr and such suT shall thereupon be due and
j .,abt~ on thr d~e d.;•e of ~~e ~~_•z+ ~~~o~,th.~ pay•na~.t a~~d e.,ch svccessive month the:eaft,~ u~~tii mortgagee sha11 notiiy mortgagor of a thange in such
~ • ~;,nt. Su;h su~ns s~a,~ ~~e a;:z~ .ed ey .+•crrga;;~:e ro~a~d ihe Na;~nent of reat properry taxes, insurance prem;ums, and mortgage guaranty insurance
1 r•e~~wms. ~
t
~ I `VITP1f55 L:NERiOf, shr sa~d MORTGAGCR has hereu~to set his ha~:d and sea the day and r(irst afpresaid.
° ~ 5' ~ Sealed_ a^d deliver i t e resence of_ n C~~ /G~
~ i • P f1Lf0 A!1 ^NECGRDEO ~,~h
Il~.c L'1 . ST.I~CsE ..OtlNTY flA_ Yvrt~aq
~ ROC=R ',~~TRAS ( (Se,q
. Clf RK ~~3~UI1 COURT ~`~~a c~ 2
afCer~ c~k;itf~ (Se+q
1 (Seeq
:"~TE OF FLORIDA------. - Y 1 I~ 3 34 PH, 1'
~
~~U.'dTY OF SL . ~UC1C' I ~~~QQ
~JVV
Befo~e me persona~iy appeared ~W15 S~ t~alker ` ~nd
BaZb~~~~L~alker h~s w~fe, to me w~ll kqawin.~rd Iu+ch~0 to me to be
r ind~v~dua~s descr;bed in and who eaecuted the ioregoing instrument, and acknowledged before me that they exe2irted ,~i sami foI thi~ pvtposes
Lewis H t+alker ~ _ -
,^e•ein eapressed. Md the said----- • ' ~ • • ° ~~~i.
~e ot the sa;a - - ----~''rbara . F i_ltialker-- - opq,. stp:~ii and p.iv»
•.,irn~~nat~on by me takcn seG=~ate and ar.art from ker sa-,d h~sband, ackna,n;ledged to and before me that she eteNi~d f~iid instrument fjtsly and vOtw~-
_-..y ard w~rhovt any com;,u~von, co~~s~~a~nr, apprehe/ns. n fear of or from her said husbsnd. . , ~
` WITD:ES$ m~ band and off;ua~ sea( th:s __/~LJL . day of__ _ e te:Aber p, ~9 71
P-
' • , ` ~ : e • .
. • ~O. . ~ ~ ~
~ Notary PubGc in end for f51~l~ f,~{pritJ~~V4rp~
~ My Comm~ssion eap r Z:
~v~~ARY PU8[~C...S?IM~~q{•FIORIDAat lARGE
Rerwn (o: MY COM.'AISSI01~1 `EX RE~ $EPT. 25. 1915
~ F~rst Federal Savingf 3 loan Assoc~a! u~ B o n d e d By qme~~can g~nkers Insunnce w.
Q~ ~C't P.~C.. .
~ti Forr P~...;r F:-_~„~
~
~ Th,s Instrument Prepared By Richard ::ayes
~ F~rst Federal Sav+ngs 8 loan As~oc~at~on
~ of For! P~erce ~ Y lor i da U R ~y5 1781
dUOK PACE
Checked By _ _ - - - . - _ _ _
~
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