HomeMy WebLinkAbout0089 3. To p•.~c~ a~d COn!inuOuSiy Aerp o~ tne t;.~. i~~:~s noa• oi herra4ter ~~t~ate on se~d land and on all eq:,~pmem and personal~y covered by this mo~
a~e, w th ali prr~nw~~~s ~~~r~eon F.a J:n fu~~, 4~ra ~~:s.,~a ~ce ~n the ~swi sta~~ard po,~ty lorm, in a sum aHproved by the MOR~ "vAGEE, and wmdsto
nswante in the ~s~31 e•a_~da~d po~ cy iorm, in a su~:i oNp~o~ed 'uy the ASpRTGAGEE, i~ suth to~~~pany o~ compan~ei as the htORTG!~GEE m
d:.ec~; a~d all f~re a~~d w:.~dsterm snw~ancr poiic~es on any of sa~d b:,rd,ngs, any iroerest therem or pait therepf, in ?he a99rega~e ~um atoreiaid
~n excrss th~~reof, shj!1 :o,v,un ~t~e ~sval s~a~~dard mortg,~re rauae or such ahe~ c~ause as the Mortgagee may requ.re, ma?~~g the ~oss ~~~der sa~d po
; es, each o~~d c~ery, pa.:» r to sa~d AIJRIGAGEE as ~is mierest may appear, and each and e.ery wch po:~cy shall be promptlY ass yned and dN~vered ~
any hrld by sa:d h!ORIGAG~E as f~r+he~ ~_curity ro sa~d n:o~tyage dabt, and, not leas than ten (10) ciays i~ advance of the expirarion of each po6ty, lo d.
:..er to ia~d n10RTG:.GEE a renc.aa~ thireuf, togeiher ~~th a rece~pt for thr premi~m of such ren~a,al; and,thare shall be no 1~re or wi~~daw~m insuranc
n!3ced on any uf sa d 5~~.d~~~~s. a~y ~neerest thtrein o. part rhereof, un'esi in thr form and wnh the tosa payab!e as afuresa~d; ar.d i~ the event any su~
of mo~ey becomes payab:e under s~ch po~icy a poi~c:es sj~d MORSGAGEE sHall have the opnon to rece:ve and app'y the same on accoum of the i~xlrbred
n~~si secur~d hereby er to per.nit s~~~d MOR~GAGORS lo ~eceivC dnd use it W dny part the:eof tor O~~x'{ {:u!:oses. .'n~ho~t Ih'~.:» w.;~v~~~3 "`~P~"
~ng any 2qu~ty, t~en or r~ght undrr .x by v~rt~c of this mc"~age: ar.d in Ihe event sa:d A\O~TGaGOR$ sha!I `or any reason fail to keep fhe said p~emisrs so
r•s~red, or fa~l ro dr'~ver pranptiy any of sa~d poLcies ef insu~ance to sa:d MORTGAGEE, or fa~: p:omptiy to pay fui~y any p~e•~~~~m therefot or in a~y
~espen fail to pCrfa+m, dis<ha~~e, executr, effecL ca»pletr, conp~y with and ab~de by thls covenani, or any pe~~ hereo(, sa~d MORT'vAGEE may plece a~~d
,~y for s,:ch ~nsur.~nce or any pa~t thrreof wrthout waivi~~g or affeUing any op~ion, lien, equ~ty, or n~ht ur.der or by virtue of this Atortqaye, and the
±::I dmOUnT ot each a~~d e.ery s~ch payment sh~ll be ~mmediately due and payable ard she;l baa~ interest from the date therrof until pa~d at the rate ot ~
~:e p~'r itnrum per an•r„ n a~id t.~rther ~nith auch i~v,rest shaii be s~~wred L+y ihC IiEn Of this mOrtgage.
.1. To permit, com~nit or sufier no waste, impairment ot dzter~orat~on of sa~d property or any part thereof.
5. To pa~• all and s~++~~lar the costs, charges and expenses, ~nct~d~ng a reasonable attorn`y's fee and cos!s of abstracts of titte, incurred or paid at
~~:.,c by s~~d M:;l2?GA~;;:, .~,t:.:::se c: :n rhr e.ent of ~hr fa,Wre on the part of ~he aaid 610RiGAGOR to d~ly, pro~npUy snd fuily per!orm, d~xnarge.
_.c;ure, effea. comp:ete, caT~~~:y w~th and ab.de by each ar.d e~:try the shpuiano~s, ag~ezments, cond~tions, and cove~~ants o1 sa~d promissory ~ote and th;i
,,:,.rga~e any or e~ther, a~~d s~ d cesrs, charges and zxpe~ses, each and every, shail br in:~ned,ately dve and payab:e; v~hether w not there be not~ce de
r~and, atte :~pt to co :ect o: suit pen~ ng; and the ful! a::wunt oi each and every such payment sha(I bear inrerest from the date thereof until paid at the
e' .~~~e eer cenr~n, a.~~ , u~~c: ai~ sald ccits, cna~ges and ~x~er srs irxurred ar paid, toge~her w~th such mte~est, shall be secured by the I~en of thif
morfgage.
6. That ~a? ~n thr event of any Lreach of this 111ortgage or defauft on ~he part of tfif MORTGIGCR, or ;b) in ihe event any of sa~d sums of money
t~re~n ref~rred +o ~ ror i•ev,~.r:y ~•~d +~:!y pa~d v~i~hm Unrty ~.3J'~ days r.ext a~ter the same seve•a::y becor.ie d~e and payable, without demand or notice,
,c? in eha e~en~ e~ch a~d r~e~y thE snpu!at~ons, agreemenn. ce~~.d:r~ons and co~enann of sad p+omiasory noTe a•r~ !h~s mo~tgage any or ei~her are not
~.'y. Fro~nptly and tu'..y pe•fo•-ned, d scnmgeo. executed, effeued, completed, compi~td w~rh and ab~drd Sy, then in e~rher w any such event the sa~d a¢
~_ya~e s~~n Tem~on~d ~n sa.d pro•~~~ssory ncrr +hrn remair.iny ~,ira~d. .v~rh intrre;~ accr„ed, and a:1 monzys secured hereby, shall become due and pay-
e ie~~h.r:!h_ cr ~herea!r~•r, at ~he epr~on ef s.,.a MJRTGAGEE, as tuily and complerely as ii aft o( ~l,e sa~d swns of money were or~gmady sepu:ated
br p.. d on s.,ch @.:~, snyth~ng ~n 13 C~ Fr0'*`.SSJi1/ note or in ftus htortgage to ~he conr~ary not~vithstee,d:ny; and Thereupon or thereafter a~ the opnon oi
s- d ti'.ORTvAGEE, ...Th~ur ro<<:r o+ dcmand, s~~t at iaw or in equ+ty, the~efore or thereat~er begun, may be prosecutrd as if all moneys sewred hereby
...~d ~natured pr.or to ~ts ~.~st,tu!~on.
7. Thar in the erent that at the 6rginn:ng o1 or at any ume pe~d~ng any sv~t up~ this Mortgage, or to foreclose if, or to re~orm it, or to enforte
:~:ment eF any c,3~ms he~e.~~•de~, se~d RtJRTGr'.v[E shalf appiy ro the Cou~~ having ~ur~~d.c'+on thereof for the sppo~ntmeM of a Rece~ver, such Court sha~l
. rt,r.nn apix•.^t a rece~.r~ ot s~:d rne::go~ed property a't and singuiar, inc:ud ng a:t and s~ng~~ar ti,e ir,come, proi~`s, issues ar.d reven~es ~rom whatevtr
s;•,e de•~:rd. each ar.d e.ery ef ..n,h. n br~:~g express y ~nderi~ue.i. ~s he~eby mertyagcd as if spec.f~cai{y set forth and described in the granting a~d
~ r.:d,;n ca~ies F.r:cO~, 3rd s~ch Recz~.~r sha~: havz a~i the broad a~d effecr,.e f~~•c+o"s and powers in any,x~se emr~ated by ~ Co~r? to a Recriver, and
s.~ ap~c:~•~r.e:,r in3:: re ~•ade b~ :uch Co,,rt as an ad.~vnrd equ~ry ar.d 3 Td~'e~ ci a~sc•vte ngM to sa:d MORTGAGEE, and w~fhout reference to the
a~,c~ o~ ~~-ad;-;~ac, o~ ~~.r .a'~r ei nc~ proce~ty InO~f.33~E'd or to tFe SOYC~IC/ or ~:~sc ~rncy of sa~d MORiGAGOR w the defe~~da~ts, a~d that such
_~•s. c~or~!s. mcane. ~ss~es ond re~er.;,es sha~; oe app.~ed cy such Rec~~rer a„ord,~~g ~o the f~en a equity of sa:d MORTGAGEE and the prachce of wch
~ourt.
i . ,
8. Tc d.,'v. r~:^:• ~ a^d fui~y pe~for•n, d.sch3rge. exec.~e, ef*e:t, co-.p:e~e, con.p:y w,~th ar.d ab~de by each and every ihe stipul~tions, agreements,
~ u~t•w:s .~•~.i C~:VG~ 3::5 ~J Q F)!J4?lssory ncre a::d tn.s r.:~rrgj~e set to~rh_
i 4. T a! ~n tne e.e^• 'i,e cA ~rsh:~ cf the r.;urtgaged pre^~~ses, or any part the~eof; bet^mes ves!d+ ::a_a pt's: r. et!:er t`s : ihe MORTGAGOR, the
E ^A~f ! .Y.ORiGAOR, dea; w~th such wccessor o+ suc<esso~ ~n }nterest w~~h ~eference to th~s
.`R'v :~s s~sc~ss.:~s c•-d as~,.~,.y ,,,,y, ,n~rho~~t nc•~te o fha
; _~r3a3e a d+~e ci ~~re: , s_:,:~zd in tne same manr.er as w~~h :'..:r.~ago. ~w~'hout in any way v~~ s~ing er d,scha~g~ng the hlorrgagori iiat+~Lty here~
' dc~ er ,;,c~ f~e d.. s.c~,~c•d No s3'e of rt~e F•e•*;ses hercby morlgayed ar.d no 4mbea~a~cr on rhe part oi ~he ?hORiGAGEE or its successws
j - as; ~•~s a~d <.rr ~he ~rne fu~ rhe pay~nrnt oi t+:e ciebr he~e~~y sec~~rd 9~Yrn 6y the '.1pR?GAGE~ o~ its s~ccessors or ass!gns, shaii operate
~ ~ re e~se, d s;hary-e. `r~c ye or o!led t~e or~~.nal ~lao..:ty of The N.ORfvAGOR hera:n, edher in whole or in part.
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~ ~C- Ir ~s s~ ec j•, I.; +~~eed rh,ar t~~,e ~s of the essence ef th.s contract and that no wa~ver of any obl:gat~on hereunde~ or of the obligation se-
'ed he~eby s~~a at , e in~,rraher be tre:d to be a v.a~.er of tfie tecros herrof o~ of the ~~~strurr,ent sec~rEd herby.
4 1'• i~, . ~ _ .:~ea~_ ~~~c•~.•t~~r pa~,;~~,,.~s ot ,;•~~~~c ~a and ~~,~_:cst req~~red oy :h~ ~:•c--~ s,c~s o'r sc.u,rd 'nereoy. me;tga,~or eovena~ts
s ,•_es , _ ___-~,sL ~~•,.,~:~n:y enr an aa~ ~~onai sum ~•s' ~.a~ed by mo•~y3gee to be eaua~ to i 1~ of t:~e annual cost of the fo~fow-
~
~ :1 .d , :.i' r '.i~_S ~c.._ : O" .115"5`••_,l ayl~'~.ST /1•- dt-J.C C~c`SC'.'.cd f'_3~ esr~!e ~
~ E i. . s,,- __.~s;,~e~ :e as n. _•,n . ed tc br .a•.;= d c... thr ~rove~ne~ts s.suate on fh~ abc~c d sribed p~em;ses.
~ _ C•, s u~: -..:h g.;a•~~.*r «s.,•n~ ~_e ~5 me•t jiy°e s1:,~,-~ frc.. ,...e r~ f..n~• dce~ f,t to carry on the (oan secured hereby.
y •~.a~.. , _ c •e , ~ ry,g,• n.u~..rg of !ne ~ o~~t d:e ~d payabte here~r.drr a~:d xuch a~~„ <h;1! thereur~en be d::r and
' ~ , _ - _ - , . . •r.. ..r~ ~ . „ a..d e.:'+ au.cess,.e o•:•h ..•.ereah~r ~r.,;: mcrrgayee sha': r.ot 1y mortgagor of a change in such
5..•.h s..-~s s~ _~?~ay,c 'o:.a-d ~~e pa~~~ent of rra• p~e~;erty ta¦es, +nsoran:e pre~n.u~ns, a.~d mortyage goaranty insurance
. ...Ts_
~ i^~ :.~"+E~S :.+~`R:~~F •.e sa d M•:;RiG4GvR has hereu~fo se~ h~s he~ ~ and s_•i~ rhe day and year fini efwesa:d.
3
~ S~grsed. Sea'ed a~ti de'~ve d m the p~eser,~e of:
~
3 - - - - - ~•n
~u " - - ~ - - cx.o
. 11~¢ -
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. . , ~-~c._ic cs~an
_
- - - - - - - - - - - - ts~.n
~ " =.~E CF FLOR~DA ~
u
~ _~VTY OF - ~tia-1a~1Y~-------- ~
BFfore me pe~sonai:y apFe'-red ---~QT~@__~._-~'~...-~t- - ~nd
~ - -Sthel_Cur - -
_ _ his w~fe, to me well known and k~own to me to kx
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d.~d~a's desr:c~d m a::d v.ho exec.,:ed ihe foreyo+r.g instrument, and acknowled9ed before rne that they e,~ecuted tha san~ tor the purpose~
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~ _..e~n eapressed. And s>:d - - - EtZlel -~12'I~------ -
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" VpWI.• f!(»~stQ NM~ Pf~vat~
,;r: 'e cr eh. sad . . _ . _ . . WQ.~~_~_St..Sit~-i---
rj+.on b; ~e ~;..-n se;:a•,!e a:,d +c;a~t ;r,~, he~ sa~d husband, aci~owledged to a~d be+ore me that she executed ~iid-ifiStt~MlAf'{1~ety iRd vel~nl-
. r~: d ti:~~o..r a•~y tt ....s.c^., c~ s'~.;.:~t. aF,prehers.~y~, or feer of w fr~m her sa~d h~sband. - .
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~ \:IT":'_5~ mv ha~~ti a%d c`s~c a' se.a! th:s -L- - d"y °f---- ----NdYe1A A. D. i9
: - - ns~.C~, _~h~1.«}
N ary P~b'~c ~n sn ior Sl~tt of- {or~de •t larQa
My Ccmm~ss:on lxpi~ef: ~a~ ~ 47 .
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SS. lUG ` ` 1
CIERK ~~aC1At CWI~ ~ ;
F~fOe~~ I'
ORp YER' ,
: Tr,,; ~._,;•,.:R,e~t Frepared By J. D. ChastainREC
F.rst Fe~~~.~. ~a. ^:gs &~oan Asscc~ation ~~O 1t~
- o~ Fort P~e~~e ~ I~02"~d8 y
- en~_ke~ Bv l~`r~ ~.r~8~~3
r•~~ yr:
F.;~~ ~cy 1 t..,..
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