HomeMy WebLinkAbout0876 To place and cemin~ously keep on the b~~ cl;•.7s ~~~.v u~ h...:.,+:rr f:~,~tr en s.:f .~:,d and en a!! ~~q.,~p«}em ard perso~a~ly cc,r~rd Ly thi: mor
a9e, w;rh all pren~~v~r.s ~hereon F;a.d in (~~I, t:r~ ~~s,:r.,~c~• in, ~i.,~i a•.,:.i~~ Ho c~ tor~n, ~n a s.:~~~ a~arovrd b~ thr AtiJR~v:.v_i, a~~d +.:::.isto
~^surance in the ~sJal standard p~;cy for~n, ~n a w;n 3,.pro.rd :ry iYr ~.1JRTG~Gii. s~.h compa~~y or cornpa~:es as the t.•JRT~~AC~iE m
d~.ec~; and all lire and w~ndii~rm iniurante Fo.~c,~'s on a"t s'~~ ~"ys, any ~~~~e~_st ihere~n or part thereol, in the agg~cy~te s~~» ato~esa~d
in excess thireof, s!~all :o~ta~n the usuat ita ~d~rd n,o~t-~.~3ae c.~..ie or ,..~h e~her c„~sr ai the r',o::yayee ~~ay requ,re, maAing thr ~css undrr a~~d po
c;es, each and rve.Y. Payab'e to sa~d :\~OR'.v.4G;E as ,~s ~ni_~r~at a. a; F~~ar, e~d eac!i o: d e.c.y auch pa s~~e~l ue pro~r,Ntly ass y~:rd o~,d da~~.ar~~.~1~
any held by sa~d ~tOR:GAv~E as f„rth:r sccu~~tv ~o sa.d o:tg_+3r a:e.r ~'.d not :c•ss ei~en ~e~z t10) d~rs in ad.a~~ce o~ thr ea{:~~ot:on o~ a~ch po::c~•, to d~
~rr to sa~d MORTGAuiE a renewal thereof, toyertrei v.~th a r~:, , t for ih_~ pre ~~~.,:r, of s::ch ~ene+.a ; a~~d thr~e sh,~!i be no f.re c~ ~.,~~:is~c~~n s:~s~ronc
s,.!~ced on eny o4 sa:d bu~'d~nqs, a+~y anterest ihcre.n or E,a+r rh_r~oi. .,s> ~n +he fc•,.~ a•,d .ti,fh II+2 •G53 paya6'e as aforesa;d: a~,d u, ~i~e e.ent a^y i~n
of money becomes paya6;e undrr s~<h poucY or poLc~e: s.~~d .410^~'G~~~F s'~;~i h,.e rhr . on ~o r:c_~:~~ ~~,d ap~~'y t~~~ s~•ne on ac.o,,:~t of ~he i~~~r:~t~~~
~~ss sec::red hrreby or io perm~f sa~d !IIORTGAGORS io ~rc~•~.e .~:d ~se Ir or .;-,v f•r~. ..,4 i_, o.,,. ~ ~ ~s~s ~h 3., a..,~
:ng any equ;ty, l~en or r~yht undrr or by v~:tur of th~s iT:c.•y,y~.; o~•.d ~n she a~r~,t sa 1021(;,AGORS sh.~ii ior any reason fa~l to k~r;~ the •.+;d ~ rem,s:s so
~~su.ed, or fail to dr;i~er p~on,p~ly any of sa~d ~:o:c~es cf ~r,su•a•:ce ~o s.+d h'.ORIG:.:.•!t, or r,,:. p:o:•~p~iy fo Fay f~::y any p~<~.:.-n Tn~:~~t~~ or ~n a•~y
~espeu fail to pe~form, d~sc~~~~ye, ex.~.~te. effect, comp e~e. co • F:;r .+~~h ,nd ab.de o~ eh:: cov~• ~a c~r any p,~i h~reof, s.+~d M~,Ri;,=.G;E ~„ay ~:~e.~~ a a
F ay fo~ such insur.~nce or eny part tne~cof w.thuul ~na~.~~~g o~ atf_U,n~~ any Of~1:J:1, I~G"~. G~L ~~l. O~ ;ht u~:dr~ or by vntue of th~s ~~u~t~.+ye, a~,d thc
! a~nount of each and e.e~y s~ch pa~~n~~nt sh,~l br ~«~:nrd~ere~; d:e o~'d F.i~~~'~ ~•.d baar ir,ra~.~st 4rw•~ tt~a do~e tt~~r~•oi uni~i ~,~d at tiir ra~e of
e~r cenrum Fer an~i~..~ ~~id rej_ti~~r ~~rl~ a~<~~ ~~~c'.s! s~~~.~ ~.c. ..1 i:~ ihe :~en ot :h:s ino:tgage.
4. io ptrmit, comm~f or suffer no waite, i:r•pa~rment Or d~tc: o:.,r.~.~ uf s~~d ~rcFrrty Gr any part ~hrreof.
5. io rey all and sing~~ar the costs, charges ard ea~~enses =d~'~~ a r~.,;o:~ai~!e ateorne~•'s fee a+~d ccs+s of abs!~ac!s of tn:a, encurr~~ or pa~d at :
t~~*~~~ by sa~d MORIGAG`_E. Decause or the event of t~ie 4~.~ir ~~n t~:r psrt of thr s~~d M11~RTGAGOR to d~iy, p~o~~ptiy a~~d f~,~y pt~fJ~~r1, d~S:hdr92 ~
_.~cute. effeU, cumplrfe. con,ply w,~h a~~d a:..Je by e.~ch a~d e.e•; ihC S: t~ 3' u~~s. ag~r_~ „~:~TS: cor.d,t~ons. and co~P~,a•,,s eE y-.j F..^•.:==='v ncre o•,d ih~y
~.origa~e any or e~~her, and sad covs, cha~gas ar.d ex~;rnses. ~ach .,•.•J ~.~ry. sha~+. be un~^.ediare!y due and Fayab:e; whather or nor rh~~e oe ~o1~ce d~ ?
...,rie~, dilE~i1(11 10 CO.~ZC~ Of SW~ F2~K~:"~: o~~d it~2 }u'~ d~r::,.::~t Ot c1c~! J.'c~ f•~'~Y S~i~~ Gd~mr~1 Shai~ G2d~ ~~~!~IBS1 {rOm Iht dare tner~of u~~~~~ ~%~~d d~ 1"P ~
e o~ r.~ne uer ccr::~•~~ F~er a~~~~„ n, ~o~ ~ii ;a~d cca~s, tr,~:3es a•.i s ntu: red or pa,d. toy~ti~er ~v~th s~ch ~nter~st. shall be scWrcd by the i~en of th,; .
1
r.,ortgage.
A. That ~e) in ~he event of any brrach of rhis Morry3g~ or d..'.,.:•i un ~iw Fa~f af ihe V.ORTGAGOR, or ,b) ~n the evrnt any of sa.d sv~ns of money t
Fere~n referrrd to t~ not pror~,p!iy arri fu:~y pa~d yv~fi,:n ~h r~ :i~,s r,c.~ a•r.~r fh,.~ sr:~e sr.e~. ,y ~ec~•ie d~e ar:d payab'.e, w~thout dc~r:e~,d o~ nor~cz.
c• (c) in the event each and eveiy the st~pu.a~~ons, a~reeme~~!s, c: ,:i'~o's a~~d tovenants e! sa d pro ~~~sso~y note and th s mortgage any or e~ther are not
i.,'y, promprly and fuuy perfo-~.~ed, d sc~arg~ d. exec~ted. ettr,tc-d co ~:•.„errd. co~»;;:.ed ..~~h and ac~d~•d 5y. +hen ~n e.ther or any such eve~t ~he sa~d ag
y~egate wm mrnKcned in sa~d pro:n~uory n~~e rnrn ren~a:r~~,~ ~~.,,~:d ..~~h ~•~frrr,~ a::r,,~d. end a,! moners sic~red hereby, shaL' bec~me due and pay-
,c e fo~thw~th, or the~eairer, at rhe op~,on of sa~d ~ti~JRiGaGEE as a~:d co^,F~'e+~~.y as rf a:l of t~+r s~ d w~ns of money vvere or.g~~~a~iy a~~pu,ared
; br pa.d on wch d:.y, a~ryth~~g in sa d pre^: sscry note or ~n t~~~s .'.t~rt::~.~e ro tr~e :o~:~'a~~ notr.~thst3~~d:.~y; and thcreupon or thrreaftrr et the o~'~•on of
s+ d MORTGAGEE, v.~tho~t noncr o~ demar.d, su~t at t~w or ~r~ cq ~::v. '.._'r:cre o~ therr~'~rr begun, n~ay be prosecutcd es ~f all moneyS Sewred hertby
r.: d matured p~~or ta ~ts Institu~~on.
7. That in the eYem ihat et tne beyinn ng ef or at an~ r.~.:e ~~g a^~- s~:t ~pc•~ r~•:s Mo~t~aae. o~ ro foreclose it, or to refo~m it, or to enforce
...~neM of any c?a~ms hereundar. sa:d 1.1UR';,ss„EE s~,o' a~i:!y ro r~,~• ~~,,r~ h,,. 3 on t1.; ! for the appo,nunent oF a Recs rr, su:h Court shi;i ~
.~hw,th appe~nt a rece~ver of se:d mert~ogrd proprrty a.~ n-~d s~ a•. .,,.f .~g . d s' i e~~~co~ne, p~ot~ts, usues ard re+~c ,;es +rom W`1d1c'Y2~
s -ce dcn.ed. each a.:d every of wh,ch, ~t be~ng e.prrss ~ Lr~d~ s~~..;_i ,~s ~T•:=~~-: ~<r.d• ~s srec.}~ca ty set fo~rh ar~d descr~b_d in the g~ant~„g a~~d !
e~dum c'a~ses hrreof, ard wch Rece~.e: sha~i have a!t ~h_ b~„a~i e.~ er~,c• ..+t~• s a~~d po..e•s any-a~se entr~sted by a L~::~t to a Recr~.er, a~d
s+_~ dp~4ntment shair be rnade by wch Caurt as an ad ~.~r.d ry.;:!i a~~d e~~ o~~er cf a_s~ ~re r:gM to se~d MORiGAGEE, and w~rh~ur refere~~ce fo the
:;~~acy or ~n3deG~acy o) the va~ue of the property mortg,grd o~ t~ ~r._• s~.~~-::~ e• ~ency oi aa:d 1rORivAGOR or the dr!~•~~do~ts, a~~d rhat s~ch
•s, p+oi~rs, in;o.ne, iswes and rever.~es sha~i be app:~ed cy wcn kec~~:.~r a._~+s.•,g w+he I~en or eq~:ty of ia~d MORiGAGEE and the p.a.f,ce of s:,ch
~,]Jf1.
8. To du'y, prompr!y and f~!ly pcrfo•-n, d~s_~a.ge. etiec~+•~. e~'c co -p ,!e. ca~ c y w~th and a5~de by each and every the sYpulat~ons, agree;nenls.
_:~d~tions and covrnanrs ~n sa~d pro,r,~ssory no~e a.~d t~ s~:rr~a3e s:'
9. Th;t i~ the eve^t the owre-sfi.p of rnr T.c~•~,+y^d Frr~:..ses o_.~~rt rh~~.<~cf, F:rco--nes vesred in a penon erher than the A*.ORTG~GOR. the
.~RTGAGEE, its success•~~s a~,d ass.gns, ~nay, v.::ro..t to r^e d~a, w~th s..ih successor o~ successor ,n ,r,teresr w~+h referer•ce to th~s
~~~gage ar.d rhe d~b+ hereby s,•cu~ed ~n tne sa~*,e as N~~f1 ~.._"~.i_=' ~~:Uf ~n any .vay vi~.af~ng or d:sc~+a~g:~~~ ~ne ASo:t9agors' tiac~,~ty hrre-
cier or ~pon the debt hereuy scc.~:cd ~1o s~e c+ ".e F•~ •.s-s ~~<r~c, .:~y_jr~ ard re fo•t•ca~a•~ce on the pa~i o~ rhe :"ORi.~AvEE or irs succrswrs
- ass~9ns and ^o e~'ans~o~ ef ~he n:^e fe+ the Fa~~~e•~~ o+ t~ e:ier,+ i.- •.'c , e<:.,~~ci g.c~ . t~y tne t.tJRTGAGEE or ~ts successors or ass gr~s, a~~aii orrrate
~ re~ease, d~scharge, mod~'y cha~ge or a+fett the o-~~.:.. Le:. o+ +~:e ~..:~iiGF+v~JR i~erc~~, e+tnrr in v.hoie or i~ pa~t.
10. It is spec.!:c~:~~ ..g~e•_d rhar t~•re fs e~ ~%e ~sse~-cr ~f s c. ac~ a••d *hat no weivtr oi any ob'ga~.on here~nder o. of the obligat~on se-
i "red hereby sha!+ ar an~ hme TF;~rra'rer be h~~'d to be a ~c,:.c~ c+ ~h~ ir: ns f,e•rc~f or of tne ~r~s'r~•^ertt se.ured hz•br.
i
I l In ~bd r.o •o r,e rc.e:~c , i . ~ ..n ,r . - ,•s c , . , ~r d : • . s• :i o, ~he F •o~•. sscry nc•r s::.,~et~ ~lC•'c~I~ mJ:1~3yJf covenants
r : ag~_es ro pey ro ~ ~-r~+,ace ..;.t; ra~h , ~ _ a: s.. ,<..i c;; •~~o•ry.aaee to be eG.,a. to 1 12 oi ~'.:e a~,..~.a~ ccst of 7he fo~ioyv-
~
r
f q_pil rea! ;;•pF~.ti :a,_s 'e•.~-_' o• a<s•~c~.~~ _ ~..s• d:•;-..~, i :~s' es•?•e.
; g p. -,S pn f,rr a:,~ .r..: cis'~ „ :ns.~ a _c .,s r . • ~ : • _3 1~' t`+' :1 • 7:1C rOYPTf.~15 c.r~ate on t:`,; abo~c d_sc: ~t,~ J ~re^.~~ses.
~ .
~--Pre:-,~~:•~S o•~ >uch r. c~+~-Qe gua~:.n.~. irs~•e~ as n_• jl:~•• y!:d~: 'rc c... c da~rm 4~t t0 Carry On th2 i0an Sc.ured hereby.
MO~~^y3,tC 5"~.f ~ . ~ TQ ,.^'P . : _ n ~y • u'i ~ ~ • ~ ~j'_ .l•'.CS P3~dJ~P Ft[f2UnC~2' d~t(i S~•C}1 SU'n 5~~~.~.: Tf:c'tru~'v11 b~ d:,e d:~~
~ . .ab'e on th~ .f~r .~,r.~ .i •t..~ . . . . _ ` ,.,i _ . .s.e , ..c~~t!~~ . m;,*tg3gre sho'.I n;,!,fy ,i,o-'q-~aor ot a ci~3,:ye in svch
- S~~ch S~~^s s~e.. i:e ca•:,~ .c~'3.~_ ~ ~:.~v .re i. _ o' ~~:;.e•t~ ta:ea. ~:~wra.,:e p~em.~rf. a~d n,.::t~:ye g..a•a~ty aniurar,ce
? . .:.T.r.:mS.
^IN tV1T"~E~S :':MER;OF. ~he sa~d «JR1G=~"~Q has i»re_~^~O se* h~s h; i and s~•a~ ~he dav an~year first aforesa~d.
: / . $ d, Seafed a ~d d ' ei d ~n the prese^ce of: ~ ~ ~ - ~ -
` ' /
g ~ ~ -(Sea!)
- . 11-~ -'c- -
'l •,_1L~~~~~_~(i~`?"- . - ~ _tSea~)
F~
: SuetLa N111 __~~aq
~ - - - - - - - - -
~"%+'E Of fIORIDA ~
. SS.
~ t. t.. L:C 1 a? '
> i~NTY OF - - - ~
- -
Before me persona~ry appeared f''Or~y -J. }i~ l i and
~ - - - - - - - -
S1. ~t~l N:11 h~s w~fe, to me we~t k~a.vn a~~d knox^ to me ?o be
- - - - - - -
- ' ~ ind~v~dua~s desu~brd i~ and v~ho exec.,Ted !he torcg~,:,g ~t,str~~~;er:t. er:d ackr~ov.,edged be4ore me that ~hey exewted tne sa~ne for the pvrpuses
r; ~
r~..:,~in eapressed. And tFe s~td- ~:.~ctt:;'~~111 - -
. _ - - - - - - - - -
r ~'Ot • 1 H111 , u.o~. e se a~ate a~.d ~tvats
~ r.. e Of the sa•d - - ~ ` • - - - - - - - - - F' F P
- ,•e~ ~ar on by ~~r fa.en seFa~ate and a, a•t f:~~ h~•. sa d he,ihand a:4 ~c.. ec4~cd ~o and be!ort me that she ecec~'zd sa~d ma~~..^~~e•:~ free~y a:~d vo.un-
a~ ~:uhens o~~ or ra~ of cr ! om her seid h~sGend.
'~'•.y dnd w ih0„t d:~y [or"~~,,;a~cn, cG?~s!ta.n!, ~
; < < ~-tL. ~i0 ~:1~'~eZ A. D iv_' 1_
' ~YITf:.SS m~ ha~d and o.4.c si s•~at th,t _ f~ d,~
- : ,E~ - ~~~~.~f.~.~ - ;
Note~r y~~:~c in a~d ior the 51ste of F{oridera~ta~~
';e My Co rn,ss+on eap~res: .1~j~~: ~ ~ ~t .~r~ L`
Rer,:•n to: ~f. C' . ~ K _ !';a!
= F:rst Federa~ Se•:~~~s 5 loan Ass:,:~at.~~ PaE~ ~ . ~
: : . aw0 ~?E~~,~ f~1,. 1 '
F~•~ r:•;~ c.. SjL~~~iE ~P~NaI?S at ~ 1~ : _ ~ .
RO~~"' ~~t ~0~ ~ . ~ , -
Cl~4F~Ep~f1E~ - , >
aECpr.~ y~ ~ - ' :
~
Th~s instrun,ent orepared By ^ i c h i : d ~5 . ~ ~ }
First Federai Sav~rgs & lcan Assoc:at~on nO ,
~L of Fort P~erc4 'loric'<: ~
21912° ~
,
~
Checked 8y ~ - -
=l+
6DOx~~~ p~ 8~ .
: ~
_ _
-
- -