HomeMy WebLinkAbout2647 ,
3. To plac~ and conNnuouily ke~p on tM bvildir?p~ now w Mr~~ftN ~it~aH on faid land ~nd on all eqvipm~nt ~nd perwnslly cover~d by th(~ mortp~
•p~, with ~11 premiumi the~eo~ p~~d i~ lull, fir~ insur~r?c~ in tM usuat ~?andard poiicy form, i~ a tum approv~d by the MORiGAGEE, and wind~torm
imur~nc~ io ths usual ~undard pol~cy fam, i~ ~ ium approv~d by ~M JNORTGAGEf, in tuch compu+y or canpanis~ ai tM MORiGAGEE may
directp ~nd all fire a~d w~nds~orm in~ura~c~ polkies on any of ~~id build~nps. any interesl therein or part thaeol, in IM apyreyate ~um afa~~aid a•
In exces~ ~Ae~eof, shatl con~ain ~hs uiual standard mortyay~ clauw a such o~Mr c1~u~ ai Ih~ MatQa~a~ may requ~re, m+kinp t1u lou u~de~ ~~~d poli~
ci~~, each and every, payabl~ to s~id MORTGAGEE ai its intcreit may ~ppea, and each and every t~rch policy shall be promptly asa qned ~~d dtliv~rad to
~~y M1d by said MORIGAGEE as lunher security to ~~id mori9~9~ debt, and, no1 leu iMn ten (101 days in advance oi tM expir~t~«? ot each policy, to dr
liwr ro isid MORTGAGEE • r~~swal rhereof, top~~hK wi~h a rK~~pt f3r the pr~mium of ~uch renewal; and tlwre shall b~ ~o f~re or wind»o~m i~suranc~
ptac~d on ~ny ol ~aid buildingi. ~ny intere~t therttn or par~ th~reof. vnleu in ihe fo~m ~nd with tM losi payable ai a(a~s~id: and in tl+~ ev~nl any ium
of ma~ey become~ payabte u~d~r ~uch policy or polici~s said MORiGAGEE sMll hav~ ~h~ option to receive and +pply tM sam~ on sccoun~ oi ths ind~bted~
neu iecu~~d hereby w ro permit said MORTGAGORS to reotive ~nd us~ i1 p a~y pa~t ~hereof fw othrr pu~~ses, w~~ho~l thareb~ waivinp w nnpair
inp sny pv~ty. IiM w~iyh1 under w by vlrtw of thit mortppt; +ad in th~ ~ve~t ~s~d MORTGAGORS ihall tw any ~eaw~ fail to keep the said premises io
i~~ured, p f~il b dtliver promplly any of aaid po~ities of inwrance to said MORTGAGEE, a fail p?omplly 1o pay fully ~ny premium tl~ere~a a in a~y
rsspect fail to ptr(orn1, discharfle, execut~, ~ffecl, compltte, comply witA ~nd abids by this covenant, w~ny part heteof, ssid MORTGAGEE may ptKe and
pay fa ~ucl? i~uranc~ o~ ~oy part IMroof without wiivinp a~(f~ctinp any optan, li~n, equity, a riflh~ under a by virlw ot thii Ma~yay~. ~nd the
lull ~mount oi each ~nd ~v~ry such paymen~ ~hall b~ imrnediately dw ~nd p+yable ~~d shall bear inferest Irom ths d~t~ thereof until paid ~t ~h~ rat~ 01
n~ne per c~ntum per annum and together with futh interest sMll be secured by 1F?e lier? of this morfqage. {
1. To pNmit, conu?~it or wtlK ~+o w+st~. ImpairmeM w de~eriorNio~ of said proptrty a~ny paN thereof.
S. To pay all and sir?pular the coati, charpea ~nd expenie~, including a r~asonable tltwney'a (ee and costa of ~bstracts o( tiNe, i~cu~red a paid
any time by said MORIGAGEE, becavse a in the event of the fa~lure on the pa?~ of ~ha said MORTGAGOR to duly, prompNy ~nd futly p~rlorm, diuMry~,
execute. e((ecf. complete. comply w~th and ab:de by each ~nd every ~he ~tipula~wns. ~greemonti. conditions. ~nd covenants o1 aaid promisw~y not~ and ~hy
mw~gape any or ei~he~. •nd sa~d costs, cMrye~ and expenxs, each ~nd ~very. ~hall b~ immrdiately due and payable: wheth~r a not the~• be notKS dr
mand. attempt to rnlltct or suit pe~d~rq; and the full amo~nt of each and eve~y such paymeM ihall bea. ime~est t~om IMe dats ~F?e~eof u~til p~id at the
.are of nine per centum ~~rn~~rn; and all said cost:, charyes and eapenus i~curred a paid, toge~her w~~h ~uch inter~~t, ~Mtl b~ stcured by tM litn of this
mortqy~.
6. Th~1 (a) in the event of any breach o( this Mortyay~ w deiautt on tM part of the MORiGAGOR, or (b) in tM event ae?y of sa~d s~ms of nwn~y
herein re(erred ~o be not promptly and fulty p~id within thirty (30) days neat afier the same severalty become dve and payable, without dem~nd or notice,
or (c) in ttro event eath and every the stipulations, ~green+~ntc. conditiau s~d covenants of sa~d promiuory note and th~s mortyaye any a eifhM art rwl
iuty. p?omptly arx! fully ptrfamed. d~xharged, executed, ~Ifecred, completed, compl~ed with and abided Sy, then in e~ther w any such ~wnt tFw s~id
g~egat~ wm mentioned in said promisaory note t1~en rem~inin~ unpaid, with intere?t xcrued, and all moneys setured heteby, sMll becoma dw and pay~
eb~e iw~hwifh, a tIMfNFtH, at 1he oprion of said MORTGAGEE, ai lvlly ~nd comple~ely ~s ii alt of rhe wid wms of money were ori9in~lly iliputated
ro be paid on s~rch day, anythiny in ss~d p?omiuory note w in this Mortyage to the cont~ary notwithslandinp; ~nd thereupo~ or Ihereaha at th~ op~ion of
se~d MORTGAGEE, w~rhout no~Ke o~ demand, suil at law a i~ puity, therefwe or thereaite~ begun, may be prosecuted u if all mon~ys secur~d her~by
nad matured pr~w to ~ts inatituhon_ -
7. TMt in the event that ~t the be9in~ing of or ~t s~y lime pending any suit upa+ this Mortgage, w fo faeclose it, w to refwm tt, w fo ~nfo?ot
payment of any claims haeunder, said MORiGAGEE shall apply lo the Cou~t Mving jurisdia~on ~hereoi for the appofntment ot ~ Receiver, wch Cov„ ih+ll
forfhwith appo~nt a receiver of said mortyaged proQerty all and sinpulu, irxlud~ng all and singular the income, pro(~1s, issues end r~venues from what~ver
source derived, each a~d every of which, it bein9 expreuly understood, ia hereby mortgaged aa if spec~ficaily set fath and deuribed in the 9rantinp ~nd
habendum clauses hereof, and such Receiver shall have all the b?oad and effettive fur.ct~ons and powcn in anywiie entrustad by ~ Court fo a Reteiver, ~nd
i~ch appointment sAall be made by such Court as en admitted equiry aod a ma~ter of absoiute righ~ to said MORTGAGEE, and without reference ro the
edequscy or inadequacy of the value of Ihe property mort9sged or to the to:rency or iosolverxy oi aid 1NORiGAGOR or the defendants, ar?d that such
re~n, profits, income, issves and revenues shall be applied by such Recciver accorduiq to tM lien a equity oi said MORTGAGEE end the practiu of tuch
CouA.
8. To duly, promptty snd fully periorm, dscMrge, execute, effect, compkte, comply with ~nd abide by each and ~vtry the stipulations, apreemMta,
conditans a~d covenants ~n sa~d promisswy note a~d this matgage xt forth.
9. That in the evem the ownenA~p of the mortgayed premises, a any part thercof, becomes vested in a penon other th~n the MORTGAGOR, tM
MQRTGAGEE, its aucceuwi •nd assigns, msy, wi~hout no~ice to the MORTGAOR, deal with such succeuw or wccesw~ in inte~est wi~h ~eference to this
mortgage and the debt hereby secured i~ the s+me manner as with Mortgsgo~ without in any way vi?islir?g a d~xharying IM lNortgsgors' liability hert
under a upon the deb~ hereby secured. No sale of the premixs he~eby mwtgaged and no forbea~ance on the p+n of the MORTGAGEE or iri wccesson
or assg~s and no exte++s~o~ of the time fa the paymen~ of the debt hereby secured given by ~he MORiGAGEf a its sucusson a ~ui~ro, shall op~rat~
ro release, d~scharye. modify changs w affM the oriQinal Ii~bJ~ty of the MORTGAGOR herein, either in whok a in part.
10. It is spec~fically sgreed that time it of the essence of this coM~ad and that no waiver of any obliyet~on 1?erevnder w of 1he oblipMan w-
cv.~d M.~by shalt at ~Py fim~ ther~after be held to be a waiver of the terms he?eof w of the ins~cument secvrcd herby. _
11. In add~rion to the fwego:ng monrhfy paymems of princ pal and iroerest iequired by tFx promissory nore secured hereby, mortgagw tovenanfs
and agrees to paY to r.wrtgagee with each monthly payment an add~tionsl sum eat~mated by mortgagee to be equal to 1/12 of the annual tost of the follow-
, A-All real property uxrs levied o? assessed agai~sf the above described real estate.
B-Premiums on fire and windsrorm insurance as herein requ'aed to be tarried on the improveme.~ts situate on tF~e sbove destribed premises.
i C-Premiums on such mortgage guannty i~surance as mortgagee shall from t~me to time deem fit to tarry on the ban secured hereby.
~ Mwtgagee sha11 from time to t~rtx norify rtwrtgagor in writing oi the amount due and payable ix~eunder and such sum shall thereupot? be d~e •nd
~ ;ayabk on the due date of the next monthly payment and each successive month therea(ter ur.til mortgagee shall notify morlgagor of ~ thange in s~rth
~ a-+ount. Such sums sha~i be applied by mwtgagee toward the payment of real property faxes, insurarxe prem:ums, and mortys~e guaranty i~wranca
~ p•emiums_
~ IN WITNE55 WHEREOF, the said AhORiGAGOR Ms herevnto set his hand and sea! the day snd year first aforetaid.
F . `d a' ~ ~~"'Q~`° ~ii~l tnesses as to ~
;3~4~yt n~sn8a q~iy
~ n
" )Mtitneases a~ to . y q
)sign atwrQ o
Lois Gruber d
s a ~
S7ATE OF fL IDA • 1 A~ C / ~t L~ .
f SS. „ ~lJI'li~r
. v t
CoUNTY OF- D~d@ ~ ~ ~ a . ~ .
sefa~ me pe~sw+ally appea?ed '~r~~ Nd
~ ~s wite, to m~ vell• k~7nd kri~w~f• ~~te b~
rr,e individwls desc.~bed in and who e:ecvted tM forpa ~nstrurt~ent. +nd b~ m~ that thty t~tvfW sa~
A~a? wa.l 1 = < , • .
rherein txF+essed. Ar~d the s~i _
M A Wa 11 '
wtfe of rM sa~d • • ` O~e~ i 'liid plv~N
e,am~nat:on by me taken sepsrate and apart from her s~ i d F w s b a n d, ~ c k n o w l e d p e
d ro a n d b s iw~ t h a/ t
h e e~eecut r
d p
j~
j f~
l 1(
r w p ~
t
w~ v
o l w?~
ra-~ly and withovt any compufsion, cortstraint, ~ppreFKns~a+, or f~ar of w from hN id hus .
^ A. D. 19
~ WITNESS my hsnd and offiuaf seal this day of ` 71 ~
~ -
S~ATE NBMI YORK 4• lN• ~
~ SS. Notary PuWic i~ w,d fw tt» Sat~ of Florid~ ~t lu
COUNTY OF W ~ S/~i/~P My Commisfion ~x~Nfh . . ' '~t : ~ ~
~ s.~a. R» P...«~.~~y .~....~d I.ois Grub~s, s-~nrs~~ a?dult, _ ..,~,d -
Mwwil~, ro m~ w•II kraw~ •nd known ro rrw to M
~ rt~e ind~vidwl! d~su~bd in a+d who ezecutd tha forpoinp in~?rum~nt, and ~cknowldytd befa~ m~ th~~ rw~ ex~cuted tM sarn~ fa tM purpw~~
rMrtin ~apr~sNd. ~l~r~il
wi~.~/~~1/~Mi~t •~/N~1'~~MM~~
Mw1i/Ir11~eF~~ww~1~f1~M~ard~r'I/~M~Ow.~MrYI~~M!`M1~/.~Yl~~.t~~q~~~{~M#l~1A?~M~MW11q~KM+i11MAwIN1?~/~ -
AAF~1~'M1dIw/~M1"•!lw1h~MA<IrwIMM1~IMM~M~ i~MrM~MU ~{.MrI1Ow~1~MM~ ~
WtTNESS my h+nd ~nd offiud wd rhi* d•y of~ - `}~;tl `
This instruaent praparad by ~ . ~ t~' ~
,,,t~ . B. Braun No~~?y Publk in u~d fw tM Si~t~
First R~~8 ral vinq and Lo n °~~l°'
AffOC~aL10~ ~~OYt ~~fiC~~~~CCHARUlO N?Y ~o^w^~~~w^ ~+~D'w~ r' ^
N.n i.dw~t S.Yf.q~ a to.n Mwci•~~y Pubtic. State~ol~ NcW York - ~
a P.~,~. Ho. aa.2aa~a>o
fon ?~.rc~. flo.+d. QUaLt?ed In Kocktan ~ 9 1'~
M~rch ~ ~~i ~r
~ • Qerm ExV~~~ ~ ~G _ 73 600K 195 PAGE(.~V~tJ
~ . ~ i I~ µ~p.. ~
~ - ~yw