HomeMy WebLinkAbout0874 3. ~,!.,er .+••d CJ:~i~ ~~O.~s'.~ lee;. cn ti:e ~..:':!:•'.ga ~:o.r o~ he~eaf;zr s~~vete on s~~d !and and on a1~ eq~ip,~~enr ond persona~~y covz~ed by th~s mor
+7~~, w:!h aIl ~r~• e::,, ~~s ti~ercon F.a d m iu.i, I~r~• u.sura :cc ~n ~n: ~su~i stendard po :ty foim, in a s~m aFpro+ed by the A1UR~~aG£E, a~~d wu~dsto
~:e.,rance in id,c vs.,~I s•.~ ~d.,-d ~ o, cy fo~m, in a s..m arE;~o.ed i,y ihe AIJRTGAGEE, in such co~npany or co:n,,an:es as fhe A',ORIGAGEE m
:i -cu; and atl S~re r.d w:nd;rorm ~ni„~a:uc puGc~~~s on any of sa~d c~.,r:d.ngs, any ~nterast therefn or pan thereuf, in ~he aggrega~e wm atoresaid s
excess ih~~reof, r~a~t :o~~+:,n ihe usv.:~ i~a ~Jrd n:orr~,~gre c,avse or su.h o~he~ c~a~se as tl,r Monyagee may requ.ro, mal.~ng tnr ~oss undr~ s.~~d po
;~~s, er.h a~d e.ery. ~•a, ;:~'a tu sa~d M1tJRTG4GEE as rts ~~verrst may appea., and each and every s~.~ po:,cy sha.i ue prompYy ass gncd a~~d 3e:i~errd :
,-:i he:d 6y s3 d f.'.O:t,~~:~:E as iur~h~~ s-writ~ ~o sa~d ~+'•atg~~e d_uf. and, no~ !ais rhan ~rn ~10) days in ~d:ance of th~ ex~~u3t~on oi each po!~cy, to d
.er ro s~~d !.10R;GAGE'_ a rer~_v..,i Ihereof. ~c~e~i~r~ w~th a rcc~~•pt for Ihe p~a~n~om of wch ~encr.a!: a:~d the~e s!~rl be ~w f~re or wi~~,iaw~:n iniurant
~ced on any of s~.d ~o~ d• ~~s, a~y ~ntrrest ~hcre:n or pa.t thercof, ~^`csi ~n rhe (orm a~~d w~+h ihe ~oss F:aya6ie as afcresa~d; ar.d ~n the event a~y su~
o! mon~y te~o..,ea p~~a~'e ~~:drr s~ch po:~cY or pei.c~es sa~d At~;RiGAGEE sh~~l have ~he op+.on ro rec,~.r ap,,iy 'ia same on a<cow~~ of thr +ndzbfed
is sec:.r~•d hr~~oy or to ~~ern!t sed /AORTvAGt7R5 to recrive and use i~ o~ any ;,~rt u,:~:,~uf ~e, :n_• i.ur es~>, ~:~~n;,,;t ~hr~~~ .~~..~~3 :.r ~•np,,.r
~_7 any eq~~ty, ~ en or ~~yh~ ~nder o~ ~y v~rfua of th~s moryage; and in the ev~nt sa.d n~~atGavoRSvsh.a!i `.or any reaso~ fa~l ro keep the sa~d prem~sea so
s.:~~J, or fa~l ro d_:~ve~ pro~~~;.tiy any of ss~d ~~oi.c:es cf ~nsu~ance to s~•d h10~'iGAGEE, or tr.! p:on:pt:y to pay fu!:y any pre:,~~„~n thercfo~ or in a~~y
rsFecr ta~' to ~rr'orn,, d,s:i,,,~e, ex,~c~rr, ef'tect, co~np'et~. co:np?y w~rh and ab~de by rhb cuvene:}t, or any p:~:r hrrrof, s:j~d R1l~RTvAGEE may p;ace a~d
fur s,,ch iniur,,r.ce or any pa~t thr~eof wrthout waiving or affecting any option, I~en, equ:ty, or r,~ht un~e~ or by v~rtue of this Mortgage, and th~
a~~,e.,r,t of each a~~d e.ery such pa,n,rm snait be ~,~:~r.ed~ately due ~nd payable and sha!1 brj~ insr~rst f~o~n tha datr th~~eof u+~til p..~d at the rate ol
e prr ~~~n~~•„ pe• ..,,d !.,~_fher v~~!h s~cn ~~~rartst sh;~~ t~e sr:,,~cd bq ~he l~en of th~s mortgage.
d. lo pem~it, comn,~~ or s~'fer no waste, impairme~I or detenoration of sa~d prape~ty or any part thrreof.
5. To pay aIt and s~ngu:a~ the coses, tharges and expensas, ~ndud~ng a reasonable attorney's fee a~d cests of ahstracts af title, inwned o~ pa~d at
~•~,r t6~e by s;~d ~1OR?GAG~E, because er in the event of the fe~{ure on tne pa~t of the said MORTGAGOR to duly, pro:nptly a~d fully perform, d~scharge.
_ cur~•, rtr~c+, cem~:~fe, cenp!y w~rh a~+d a6dr by each and eve~y the at~pviat~ons, agreemcnfs, cond~nona, and cu~ena„~s of sa~d prom~ssu+y ncte 3~~d ih~s
=~+ya~e any or r.rher, a,d se d cosrs, charges a~d expenses, each and every, sha~l tx ir~mrd~are;y due and payab:e; v~he~ner or not ~here be nonce d~
••~,d, a~re ~,;,t ro co .ect er s~:t prnd.~~9; a~~d ~he lu!! a ncunt of each a~~d e:r~y svch pa~~T~eM sh~7i :,ea~ mr,:rest from the date thereof unfil pa~d a~ the
. c ~,:~e tic~ :....u•r~ ~~i: sa~ci .~.ci. cna:~rs a•~d ~x::r~•ses ~~ecvrred or pa~d, rogeth~r w~~h svch ~nte~est, shall be secured by the ~~rn of the
r.~rtgege.
6. That (a? in thc e.e~' L,~och of th~s Mort~age or drfav~t on the Fart of the A'.ORTGAGOR, or ~b) in the event any of sa:d sums of money
•e~n re'.rrrrd to tx r.ot c~~ ~~uc.r a+~C~ fJ ~a~d w~ri~~~~ th rty i3J; days ne,t a•r.er the sa:rr se~e~a':y become due and payab?e, w~thout demand or notice,
in thr elent each and every the snpuanons, a3reements. tc~:d~'.cns and cover.ants of sad prun~;ssory note m}d th~s mo~tgage any or either are no1
pro~»~Yy and i,;!:y f.erforr~ed, d x~a~q~.d eaecurrd. effe:ted, completed, compi~ed w~~h and aL~ded Sy, then ~n e~ther q any such evenl Ihe sa~d ag-
. ;a!e s~-+~ mens~~:i~d ~n sj~d promissory nc+e then rerna~ning ~nra~d. w~th ~ntere,t accr~ed, and a+i nwneya secvred hereby, shall betome d~e and pay-
rc~!h.,,nc il:e;e~!~z~., at the oF~~~on o~ s~•d h1CRTGAGEE, as fu~~y and complete:y as ii a~f of ~nr sa:d s~ms of money were or,gmally st~pv~ated
• d on s_ch dc,~, ,n,rh;ng ,n sa d p~o,~ ssory nore or in th~s 1Llorigaga ro ~he conrra~y not.v~rhsfa~~d::~g; and ~he~eupon or thereafre~ at the o~r~on of
i.:`ORi;,Av'Ef. n.~r.:,:~ ~.o+~ce or demard, swt at iaw or in eqv,ty, ~he~efore o+ therearTer begun, may be prosecuted as if all moneys secured hereby
• _i v':et~rrd ar or to .!s ~-~st:tu+~on.
7. 7har ~n rFe e..~~••! ~!~at ar the bey.nn ng ef or at a~y t~me Fendlr:g any s~it upo~ ~+~~s ?:!u~~9age, or to ioreclose it, or to reform it, or to enforce
,.,~nent of any c,.~~.i F•~•e:,: J•~r, se~d ".1:.RTG:.vEE sha:l app~y to ihe Ceu.t havh~g ~u~~sdx~.on ihe~eo! tor ~he appo~ntment of a Receiver, such Court shail
•~w~tF, ap~:o~nt 3 r~Ce~:e~ of se~d r.,o~taaycd property al; and s~~~gular, ;r.c;~:d ng a:+ ar:d s:~~gu~ar i! e ir.co~ne, p{uf~ts, iss~es and reven~es from whatzYer
, ce d~~rived. e:;ch arc+. e.ery of „~h ch, ~r ~:ng express'y undersrcod. ~s he~rby me~~gag~-d as ~f s~ ec ?~ca.ly set torth and desu~bed in the grant~~ig a~:d
~ -,i C L„~SfS hrreo~, ard s~ch Recrner sha,~ have a'i tne broad ar.d etiec'~~e f~,~cr a s end pu.•.ers m any,~v;se entr~sted by a Co~•r to a Receiver, and
~ ~ri•c~n~mene sh,~: pe ~:ade oy s~ch Cowt as an ad+uttrd equ~sy and a n~a~rer of auso:~re •:gnt ro sa~d MORTGAGEE, a~d v~~:hcut reference to the
,;y e~ ~n~deqvacy o+•th~• va~~e o~ the prope~ty mo.tgageo or to the s~~~ency or :.;~o vency of sa:d +NOR~GaGvR or tne defrndants, a~~d ~hat such
•S p:0~.!S, ~nCO•n@, ;ssu~s and ~e.en~,es sha~~i be app~~ed by such Recr~ver ac~orci~ng to the iien or equ~ty of sa~:d A10RTGAGEE and the pract~ce 6r such
:._~rt.
a. ro d.,'~, prom; r:y a~:d f~f~y per!or-n, d;z:harge, exrcure. effe:t, comp'ete, [on:ply with snd abide by each and evrry the stipulations, agrcemeMS,
- d~t,ons and covrna•~•s se.d pro:-~:ssory ne!e a.:d tn s mcrtga3e set iorrh '
i
' 9. That ~n t^e e.~ ~t ~he cw~~e-sh~p of ~he ~-.er~gaa-~d pre~r•~ses, o~ a•,y part tnerecf, oetomrs res•ee en a person other than the MORTGAGOR, the
. ~ C'vaG'_E, ~rs s.:ccess_rs a~ d oss•ans, rnay, w~tF.c:ut nc!::e to tne ~tiSORTG~OR, deai wrth such successor o+ wccessw fn ~nterest with reference to this
r~_3e a: d tFe d, Fe'c: r s~•:vrzd in the same r..,~,ner as w~th Atorrgago. wrthout in any way vit:ating oi'd schargiAg the Mortgagori liabitfty herr
o~ ~~c:~ the d•~~ h_~~•~: s~::rrd tlo aj:e of ~~:r F~e~~.:ses hereby mo~tg33ed a~~d no forLeara~ce on the pan of ttie rJ~ORTGAGEE or its auccessors
,ss ~~•~s a:~d ~~o e,~r~ s o~ ot •h~~ !..ne fer the pay•.:e~~t oi t!,e d~b+ he~e~y secv~ed givan by the IAORTGAGEE or ~ts successors or ass.gns, ahall operate
. re•e~se, d.sc~a•3e, e~ed~4y c~arge or afiect the c-~~~nai i~ao ::ty of the h'.uRTGAGOR herein, e~ther in whoie or in part.
l0 Ir ts s;.~-c i,;,+i:y ,;*eed rh~r nme ls ef the essence of rh~s comract and ~hat no waiver of any ob~,gat~on hereunder or of the obtigation se-
; ~~-d herehy che'~ ae an! n~-~e thereaf+er be hc:d fo oe a wa~.er of the te~ms hereo{ or of thc ~na+rumeM src~red herby.
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11 ~ . _ _ o . o.,~h', c.3.:~ :•~~s of i:~~ :c J and i:,+_res~ reg:: ~ed or the p•om ssc.y no~e s,w~ed herebr, mortgagor tove~ants
; • , es r.a, ro ; ~.:y_.c .ti,~h a~~h ~,~,•i~ y~,a, e,r an aci ~or:ai s~m es~ ~ ared b~ mott33get ro be eq~a~ ~0 1 12 0l the an:wai cosr of the fo:iow-
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A, ,.~o.-• ; T~,_s ,e.,r1 c„ses~_;: .;y;.-ss ir._ :i.~:e e+•.scnE..d r_a~ es;ate.
t ~ ~.~c c^ t.r_ .-:y ,..ndsre•~~~ ~sw.;~ce as hr«~~n req..~ed tn be ;..-,led on the ,~^proveme~ts s~fvate on ttic above d_sc~~bed premises.
C f•• s _•:n a~~,~y ~rsu-a~ c~ as ~•,o•':..,_e sha:i 'ro•^ .^~e to !~,r,e dce^~ 1rt to ca+r on ~he loan sec~red hereb .
i _ . ~~y~ Y Y
{ > . n r,_ •o `r ~:e r+. ~rc-~~,~_• ,n ,v~:•.~tg of the a. o. ~r d_e a~d pai3~~e herevndrr a~~d wch s~~„ sh~ti th~•rruF~un oe due and
c, , o••th , ~y•, ~~,r a~ d e<c~+ wccesz~ve ^o•:~h rh~:eaf!~r t~: mcrtgagee she'I nor.fy mo*!gagor of a change ~n such
` ~~5~.!: s., °s s' ce s;.p ..:~f ~~,o•+~,: ~e +oae•d u~e He~~rent of rea! proFe~rr taRes. insura ~ce prem.ums, a~d mortg~ge gua.anty insurance
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"~:.i?~icSS :'.NER: ne s RTG4GC2 has hereu•~to set h~s hacd and seat the day and year firH aforesaid.
~ ~g~ed, Se~k~'a the prese~ce of: ~ /7°, ~
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t / - ` (Sea
~:e_' - - - - arles B E e ts~eq
~ LL ~4 ' ; c5e,p
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~ ~ f e~ . : S`~ : . i 1 Y B
~ - - - - - - - - - - - (Seal)
~ .'E OF ~ii4Dd7C ~~=C..~ ':3:.
~ 'dTY Of 7~ n - ~Yil.. - - - - I
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Befo~e m~ pe.sona:~y appeared Cha=leS 8. Ell@LL _ •nd
~ Mil red L. Elle_tt
~ _ d hn w~fa to me welt Rnown and known to me to be
~ i:.d;~~d.,a s desul~rd ~n and who execured the foregang instrument, snd ac~~ow~edged befae me ihat they e~eewted the same for the purposes
,
r~..-•e n e~prrssed Ar.d the sald __.Ml 1~~~_ L~~~_~-----------
~ 'e cf ~h. s.~.d _ ~18118$~_._~11eLt upon a sspar~te and privst~
~a• un hy , e t~,.~n s••; arite and a~an frcm hrr sa•d h~sband. ackr,owledged to e..d beforc me that she execu'ed said in~trument frttiy and volun-
~ a~~d r. u~o~t a~y co r; , s:cn, co•,s!~a~r.t, apprrhena.on, or fear of or fro.n her aaid husband. , ~
_ ~
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'.VIT.`.E55 r,; ha^d a .d cfl.;,ai sra! th~s = ~ - - d°y °f- ---NQ~L------- ' 0. -
3 ~ - ~
,t`_i a:.`~ :.:a ~i _O~
~n Notary Public in 1M Statt o r~
= My Commqsi iresc ~ ~ F' ~
Re•, DQC:~~i~~ i 2~"
'r~% i.•st F..dc:e! Sa., ;s 6 L~.~•~ i.sso:,,~o~ `,i ;
. f~~EC ahe aECOYoEO - . ~
~ ~ ST lUC1E COUNTY fLA ~
. . . - • ROCEa PO~TRAS tC~ _ ~
_ C~EP.K CIP,CUIT COURT 1 - .
" RECORD vE~~fIED~ !
= J
3
Th:s I^st;ur~~~v Pre~ared By Joh[~ W. Colllt~~'9 (O 15 ~~T~
F~rst Fe~:ara: Sa~. ~~gs 8 Loan A;scuation
~ of Fo-t P;erce ~ RlOrida
~~,-.k~~~ - 219119 f
5001(~~ ! PA6E V~ pa
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