HomeMy WebLinkAbout0553 3. To p'ace a~d co~~rr.uo•.s'y ~eep on ~he b,,,'~t~:~gs nux on c~rraftrr t~t~ate on sa~d ~and and cn ail eq~~p:~~ent and personally covrred by this mor
e9e, w ~h all prr ni„ms ihereon F;; d:n f~ t, f~re ~~~s:,r;n,e m ti~r ~sual sr,~,d,~d E~ ~cy ionn. ~n a su~n aFpro~ed bY ~ha htJR~vAGEE, a~~d w~nds~o
~wrance in ihe c:uat s•a:,d~~d po:.cy form, in a w~n ap~,ro.ed ~y tha h1. RTGAGEE, in wch to~npany or ta~:; an!es as th2 A102TvAGEE m
d~~rcr, and a~l (i~e a~.d w.ndstc~m ~riwancr po~~c~es on any of sa~d bu~id~ngs, any in~erest therein or pa~t thereof, in the aggrcgat~ w~~~ atoresa:d
In excens thereof, s~~all :onr,~n ihe usu.;~ s~r d~~d mo~~9~gee C`3U5@ or wch o+her cia~se as ~he hlonyaqre may reyu.re, ma\~ng tha ~oss undr~ sa~d po ~
; es, ee:h and cvery, pa,~be to sa!d !.1JRTGAGEE as ~ts ~nicrrst may appear, ar,d eaeh and every such po:,cy sE~a~l be pro~npf~y assy~~rd and de~iv~red ~
any he!d by s.~~d A'.ORI~AG:E as i~rrhar ~zc~~~ry ro s~~d o.~~~~e drbt, and, not :ess than ten i101 dj~s i„ aJ.an:e of ihr expuor~on of eech poi,cy, to d~ '
.er ro sa~d PdORTGAGEE a re~~e~al t~~~reof, tcye~hrr N~+h a re.e~pt fo~ thr p~e:n~um oi wch rena.ea; a,~d ~here shall b~ no f.re or w~ndsto~m insuranc
p'acrd on any oi sa:d b~~'d~~~ys, any i~iecreat th~rr:n or part ~herroi, un'ess in ~he for~n and w~th the toss payeb'e as a'.oresa~d; aRd in the eaeM any wn
of money beco~.~es payab.e v~drr s~ch po~icy or po!~c.ca sa~d R",JRiGAG=E sfiell have ~hr op!~on ro reca~vr a:,d apN'y f7~e san~e on a:.ount of the indabt~•d
~~•ss sew~ed hereby or to pern,:t sj~o MORiGAGORS to rec~•~v: and use it w any p:,rt tY,e:cuf ~or v:n.+ pur; osrs. ..~i~~o•~t :h .v~~.~ t~ cr
any equ~ty, i:en or ~~yht under ot uy v~rtue of th~s ~~:orcgage; and in the event sad MO~jIiAGORS shail `,o~ any rcason fa~l Io kcep the sa~d prern~sas so
r.w~rd, w fa~l to de'~ve~ p,omptiy any uf sa~d F~ei.c~~•s of inwra~~ce to sa~d MORTGAGEE, er f~~i p:om~ily to pay fu:ly any p:r~>>.~m theretor o~ in a-~y
~espeu fa~l to periorni, d,.:harge, caec~re, eFtec~, co~~~p~er~, ca~,ply wirh and a5~de by th;s coven~nt, or any pert h~veof, sr:d t1lGRi~;,GEE msy Fiacr a~d
p~y far such insur,snce cr a~~y part thereof w~rhout waivie~g or affe.ting any option, lien, equ,sy, or r~tiM u~:der or by vi~~~e ot ~nla htortqage, and the
r.;!I amuunt of each and e~ery such paymrnt s}~a!1 be i~nmedietely due and payable and shail t~ar intc~~st from the data thcreof until pa~d at the rate ol
e per c~`ntum per 3r.nu n o~;:i r~~~-tG~r ~~~~n s.:i~~ i~~ter~yt shai; be iccwed by the litn Of th~s mottgage.
1. To penn~t, comm~t a su4fer no waste, imµaument or det~r;urar~on of sa~d property w any parf thereof.
5. To pay all and su.yi~lar ihr costs, cherges and expensas, I:.tl~d~ng a reasonabte attor~ey's fee and cests of abstracts of trtle, incurred o~ pa~d at
,~,y time by sa~d AtORTvAL'EE, beca~se er in ihe e.ent of ine fa~~ure on ti,e pa.t of ihe said MOR7GAGOR to duty. p~anptly and fu~ly perform, d~scharge.
;¦r,ure, efiect, cemN:e~e, con~,'y ;.r~ ab.dr by each a~d every ~he shp~'a~~ons, agre~'~~~tnts, COr.d~!iont, and covenants of sa~d pro~~~~iso~y note and ~h»
~.o•tyage any or e~~her, ar.d sa d cosn, charges a~~d expenses, each and every, sh~ll be immrd~ately dve and payabie; v~hether or not thare be nonce da
~ a~d, atte~'~pt to co.:rct or s~it pen~ ng; ard t!~a f~~! arnovnt c•f each and eve~) such paymrnl shali bea~ int~~reat from the dat¢ thereof until paid at the
e• n~ne per cc~:'~m `er a.~... , e:us ~~i sa~d cc.s~s, char3es a~~J ~ a:;e~:ses ~rxu~r~d or paid, toyeti~er ~v~th s~ch u~teresl, shall be secured by the I~en of th~s
mortgage.
6. That ;a3 ~n the even+ of any breach of th;a .1c~t~age or defa~lt on tM p~rt of tt:e MORTGAGOR, or ;b) ~n the event any of sa d sums of money
!•.~rein refc~rrd fo be not pr~•„F.• y a;,d !~'.ly ~;~~d v:~rt~,~:~ th..ry ;3J? Je,s neat a'.f.~r the sa:ne se.e~a:~y beco~~~z d~e and payab!e, vv~thout demand o~ noti:e.
: r;Q in ~hr event each and r.~ery the st~r~ or:oni, agreemtnta, cc~d~'~a~s and co~enants of 53 CI FrJ~~uSSG+y notr and s mortgage any or e~ther are nol
i~~'y, promptiy and fu iy ce.fcrmed dschargvd etetuted, etfectrd. comp'~eted, comp~,ed .wth and ab~tied 5y, then in e.ther o~ any such event the said ag
.;•rga~e sum men~~o ~ec.+ m sa.d pro.~ .sso~y n„ee then re~na~::i:ig ~:,;:a d. with ~nre~r>t acc~ued, and o~i n:eneys secured hereby, shall become due and pay
,c. e forthw;rh. or rherra`~t~, at iho ep~,o:~ o~ s~~d lttO~TGAG'_E, as fu!iy a~d [Omp~ete!y as ~f ati of ~hr sa:d wms ot money v~ere ongma:ty st:pu.a~rd
'~e ca d on such d::~, a~:~r~~e~~n ~a d p~o : ssery nore or In this Mo:tgagr ro the cont•ary not.v;~hsta~~d:ng; and there~pon or thereefter at the opt~on of
~.1 MORTvAGEE, wrh_W nu~:.e or dr:nac.d. s.;~t at Inw or in eq~~ry, Therefcre or therrat~er begun, ~nay be prosecuted as if all moneys setured he~eby
:1 matured pr,er to rts inst+'ut~on.
7. That ~n the e.rnr ti+ar at tne beg~nn ng o4 or ar any t~n,e pend~ng any su~t upun tl,:s h'•e•sgage. or to forrclose it, o• to teio~m it, or to enfo~ce
:~,menr of any c-~•~~s 1~r•ec•~d~~~, sa~d AtiJRTG:+GEE sha i apply to the ~eurt ha.~~•g ~w.ed c+.o:i ti.•_r~at !or ~h,~ ap;~o~nsment of a Rece~ver, auch Co~r1 shail
_•h~.v,th apf~~o:nf a cecci~.es Of s~~d ~•~or!~~ jrd propetty a~l and s~n~~ia~, int'ud ~~g ~~i ar+d Su~g.:-ar v•r ~rce~*-~e, proLts, ~asues ar~+ reve~aues from v~hatere~
,_•ce drri,ed, each and every of •nn,•~ rt tx~~;:g express'y unde~s!o.^d ~s ~ercty n:~r!g~ged as i} spe:i+ca,iy sel forth a~d destnbed in the grane~~~g and
rnd,,m c a.:ses hereof, and s~.ch Recr~.er sha:~ ha.e a!t the broad and efi~~c!,.e iu^:' ens and p~v.ers m anywase ent:usted by a Co~rt to a Recri~er, a~d _
3;:pcm~n,enT shai~ be• ~ ade c~ xch Co.:•e as an ad •:~~<<-d rq~~ty and a~atter cf a:;sauce r.ght t~ sa~d A'URiGAGEE, and w~Theut reference to the
•.~,.~;ct or ~n3deq•~aCy of ih~ va:~e o* rh~~ pro~:e~ry mo.*grged or eo ~hz so.e~cy ~r ~~,sc. L~ney o1 sa~d MOR'GAGOR or thz dei~ndents, and ~hat s~ch
~s. profrts, incace, ~ssues and re.er.~as shaEl pe ~pY.:ed by such Rece~wer acord~~g to ihe ~~en o~ rqu~ty of sa~d MORiGAGEE a+~d the pra.t~ce of wch ~
~ o,: rt. F
! 8. To d:,'y, p-e~~r:y and i,;.~r F>_•io~~*~ d:s:harge, exec:,re, effect, comp:ete. co^,~iy vti~th and abide by each and every the stipuiations, agreemems,
~dn:cns and c~ ~r~,an~s , sa~d pro^.~ssu-y ~ ~re .,.•d ~i~.s :~~rry~~e srt forrn
' 9 That ~n tne e~c^t fhe owr~~•-~h.c, o~ t~e n,ort, a ~d e~~.:srs, o. a~~r art tcereof. becomes vested in a s-n c:her than the MORTGAGOR, the
3 9- H' F~ Pe- ~ ~
.'~TGAvEE, i~s s..urssors and ~ss.3•s. ~•~ay, v~,rhou+ n.~!,ce to r~,e \'.OtTG~O~ dea: +a:rh s~ch successor w s~ccrssor ~n ~nterest w~~h re~e~ence to th~s ~
' +gadc a~~d ~he d_::t nt~rty se:~red tne sa~~e n:~nr.~~r as ,n~rh ".t~•+~a~o+ wrthout :n any way vit.ating or d~scha~g~ng the fdortgegors` Ifaoi~~ty htre- i
~ i
or ~~on :hr d.~ct h~~-::; s•;c_~,a h-~ sae ct rr~e Frrr~s••s h~reby ~nu•tgeyed a-~d re 4e~,eara•~ce on the pari o1 the !AORTvAGEE w ifs wccessors
ess ;~~s d• o r>'e~ s.o- o+ ~~e e i~~r ti:e payn~.ent of tt,e debr i:e•~_ Y sec.,red g~.e~: by the P.'~ORTGAGEE c+ its successors or ass,gna, s~:a~l operate
~ re r~se, d.scha•ge, mod~t~ chjr•ge cr arfect tne o•:g~nai i.a~ ~ t~ of ~he MGRTvAGOR f~erem, e~rher ~n ~nhoie or in par~. ~
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F t~~ t~ ;s sc~c j~ca: v.ag~e~d ri:a+ n~.-e ~s of the esse~ce cf ~h:s cenrrar. and that r.o wa~ver o! any o6`:gat,on hereunder w of the ob~igation se-
~ .~ed ~ereb{ sha.. at a~.~ ir•~c tnc'rracrer pe hcld to bC a v.ei.er pf the term3 hereof Or of ihe instrun:ent seiured he~by.
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~ 1 i. . , ~ i - - - - - _ . . . i.ar.....:•,•s ot ; ~:j. and r.;~r,-yt requ.•.•d c~ ~hc {~~c~n SaGry nc'r S~:uied i~e•~•b/. mo;lgagJr [OVenants ~
~ . i a~ ees t, ,a, r_ ..,,i~_e ~ c~~•h y- ent an ,d~' Jnd~ su~n ..s• arco by =~:ortyjgee to t,e equai to 1 i2 of ai~r en:~,;af cost of the fo~iow-
s
1.a ca: , ,`a..s !e er ass~sa_.s .iy3r-.iT ti:~ ai•~.2 d•scr~~.,d .cai es•err.
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i 6 • _..s ~ . . _ ni,~, 35 i...~.n •~q_.~..d ro be ca.,,.:.~ c,. , . , •o.eme~ts a•va'e on rha ato:c d_sr.:bed premnes.
; C F~,~ _ s o~ ..~r~ ~ ,i-~ ~.,s:•.~ ce as • c•?3e::•~e s~~~'' f~c• ~...r t.~nc d~~ . f,t to c~rry on t':e ~o3n s^c~red hereby.
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•~,a~. s. , c . ~ .ry o: •he s-o,,.•• d~, r-d pe~a~'e h.re.,~d~! a„J s.,ch w~, yl,~:t ~hrreupen be due and
_c, e o', rn_ . • , . r a~~d'r_cti s:;:o~ss~we ~ c~ !h r~:ercat~_- r~' ,ncr!g~gee she" no*.f~ mo•r~agor o} a change in s~:h
S.,cn s...^s s.. , .:'fy=_ 1~.~a'd +ne F:a.~r.r^t ot .r.~: r~ci.e*ty taaes ~nsura~:e pre!~,.~:r.s. a~d m;,rt~ege g.,ara~Vy insuronce
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IV ::I?`:[SS :.:-~;F: ~ s.+ ~'.1JG'i,:,'v'CK has hereu~~+o set h~s h~ d and srel +he day a.~d year ii!st aforesa;d.
~ S~9ned, Sea!ed a°:d de :ve~ed m the prese~ce of: ' ^~c,
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_ .;E OF FLORIDA (
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~'JTY OF L.l,i~-lE ~ i
"r~rank i). 61ilburn
:s Brfore me persona:,y aPFenred . - - - - •nd
•
~ 43eu 1 ah ti11 1 hurr ,
- h~s w~ft. to me wri. known and kno~n to me to be
: i~d:1~d.,a:s desr!i:.~d in end .,ho exe:.,ted the foreg::~~g ~nstrument, and ack~wwledged Cefore me that t1~ey exec.:+ed the ~a~ree tor the purposes
Reulah F . ~ti lhurn
+~~e~em exp~essed. And +ne s~ d
- - - _ - - - -
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~ fe of rhe s.j d - - - - F rcl Il}~ U - ~~_1 ~ hLI TIl _ _ - - - upon e separat~ u~d p~~v~t~
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:,m na~ .n b: ~~e ra~en r_, s•.•re ~,~d aca~r trc~» her sa d h~sland ac4no,w'edged ~o a~d be+ore me tnat she e.ecvted se~d insirvment heely and voiua-
, y e• d+. •F,o-~! a~~y s cn, c~~s•~~,r,r, a~ Fr~l~ens.or., or fear of cr 4:om he~ sa~d h~sband.
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: L:Ii~.reS .•~y na d a^d o~~ c~ s a' th s 1~ _ day ef. _ -~1~- ~'1~-r-- A. D. 19 71
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No!ary ~~b'rc ~r an.d for !hc S;als.of fiond~ ~t lary~ _
My Comm,ss~on eapires: ~_3 : -
f . ~r..r; at .,~R? .~sr S v.a~ , :n; ~ Z ~ 3 ~ , / ~ _ - ~
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~ ~ _ . f~lEO ~NO lIECQa~~ -
- i1.lUC~E COIiN~Y ,
y~ ROCf FOIT1lA~ I
CIERK CIRCN~T CW~t ~ ~ ;
RECOR4 VE~fP1E0~....---- S
- Th.s Ir:stru~~ent Prepared By Thc~mas i>r i scc l 1 O SY ~Z' ~
F~rst Fe:fera; ~a•::n•~= $ Loan AssCUatcOn ~~16
- of Fc~s P~-ce, Flc~ri~i~~
Checked 8y _ _ _ _ _ - 21C792J
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