HomeMy WebLinkAbout0069 J. 70 ~„arr .~~:d tonfinuous~y keep on fhe b~~:d~ngs now or herrafter a~t~ate on sa~d land and o~ ai~ equ~pmero and personally cove~ed by Ihis mor
n aa, ~v rh all prrn.;u~~,s ~hercon F.;~ J m fui!, Lre ir.:~ranca ~n ~i~e uswl sterd~~d po'~cy 1orm, in a sum aF.proved by the MUR~ "v.:GEE, a~~d w~+tdsru
v rence in tha •~s~at srancfa.d po:.cy to~m, in a w~n approved by the Ml7RTGAGEE, in such ton~any o~ tompan~es as the fi~ORiGAGEE m
d<<;r; a~d a~i i~re o~,d v.lnd;rcrm insu~ance poGu~s on a~~y oi sa~d build:ngs, any intereil ~herrin or part thcr,;o1, in the aggr~gate s~~n afo~esald
in eatess thcreof, shall cont,,in the usval star.dard mortya9ee Ciause or such Othet ciause at fhe Mortyagee may ~equ:rt, making Ihe io:s unJar s.~~d po
s, each and ~e:•ry, pa;o~'e to sa~d tAORiGAGEE as ~~t interest may appear, and eath and every such po'~c~ sh,~11 be ,romptly assg~~rd and de~ivcrrd :
~,i h~•!d hy syld 1;:~Rf.:AGrE as fu~~her securiry ro said n~ortg;ge debt, and, not less than ~en (101 d3ys in adva~~ce oi thr eapirar:on of each poGcy, to d~
~.er to s.~~d '.10RiGrlGf~f a ra~i~~v~•.:1 the~eo~, toye~her with a receu~l for the pte~+~ium o1 such ~enr+~a!; and there shail br no Lre G~ wir~dsto'm inS~ranC
~:;ced on a~ry o1 sa~d 'uui!d~~~gs, ~ny interest there~n or part thzreof, un!ess in ~he iorm and with the loss payab'c as aforesaid; a~d iii the erent any sun
ot money beco•n~-S payab!e undrr such policy or poLcies said MORiGAGEE shall have the opt~on to rcc~~ve ,;nd ap~;!y tbe same on acco~ro of the i~~dabtrd
~ ss st~c~.,r~~J h~~reb~ or fo permit said 1hORiGAGOR$ t0 feCeive dnd uSe it or dny part ti~•::eof inr 0:~~• ~ ~:ur;.oe~•S. :.i~i~o~! Ih:r. .ti-~i+i ~3 :;r ~:np,.~r
J~y equ~ry, f~xn or r;9fit und~•? or by vinue of this mc:tgagr; and in the event sa~d A50RiGAuORS sh~tt :or any reason fait ta k~ep the sa~d p~emis~~s so
•,sur~,d. or !.~il ro d.:~ver prompily any of s:,id poLc:es oi insurance to sa~d MORiGAGEE, or f~~: promptly to pay fu~ly any prr~n~um ~herefor or in a~y
r_•spec~ fa~l to pe~Eorm, d~scharge, eaecu~e, effect, canpleta, coroply •.vi~h and abide by this covenan?, or any part hareof, s~~d MGRTGAGEE may piace a~~d
for such insur.~nce or any part thrreof without waiving or a(Fecting any option, lien, equ+ty, o~ r~~ht under w bf virtue oF ~his Mo~tgaye, a~d thc
•..i a~novn~ of each and every such paymrnt sh~ll be ~mmed~ately dve and payabte and shail Ika~ interost from tha date thereof until p~id at the rate o1 ~
e prr c•_nru~n Hrr a:~nu~n and to~_•th~•r v.ith w~h inter~st shai~ be :ewred by the lien of this mor!gage.
4. To permit, commit or suffer no waste, impairmcnt or deterioration of said property or any par! thereof.
5. To p.+y atl and sing~tar the costs, charges and expenses, ~nduding a ~easonable a:rorney's fee and costs of abstracts of titte, incurred or paid at
; r~•~e by s~;d h10RlGAGEE, because or in the event of th> laJure on the par~ oi ihe said MORTGAGOR to duly, promptly and futly perform, dncharge.
. c~te, effecr, co~s~p;zte, comply w~th and ab.de by each and every the stipulal~ons, agreen,ents, conditwns, and covenants of sa~d pro,n;zsory note and this
-•rg~g^ uny or enhci, a„d s3.d cosrs, charges and expenses, each and every, shall tre immed~ately due and payabte; whether or not there be not~ce da
•.:••:f, au~••~pt to co,:~ct or suit pend~na; and the full amoum of each and e~ery such payment shall bea~ interest from the date thereot until paid at rhe
o~ ~,,~,c ~:er c_•n;~~n F cr an~~u:~s; o:,d au sa~d costs, cF~argas and ex;~enses incurred or pa~d, together w~th wch interest, shall be secured by the i~en of th~s
~rtgage.
6. That ~a) in th~~ event of ~ny breath of this Mortgage or defa~lt on thz part of the MORTGAGOR, or ;b) in the event any of sa;d sums of money
~~eln rei~~rr_d to be rot prom~,~ty and fulty paid within thury i30) days next airer the sa~ne seve~a'1y become due and payable, wi~hout demand or notice.
cr cl in tha crent e~ch and eve~y the stipu+ations, agreementS, condtions and covenaNS of sa,d promissory note and th~s mortgage aoy or either are oot
F:rornptiy and ful;y ~rformed, dscha~gcd, exetuted, effected, completed, compfied w~th and abidrd 5y, then in e~ther w any such eveM !he sa+d ag
: 3a!e s~rn mention~d in sa~d pion~issory note then remaining unpaid, with intere>t acuued, and a~t moneys secured herety, shall 6ecome due and pay-
for~hwrth, o. ij,_reafter, at ihe opr~on of sa~d h10RTGAGEE, as fully and completeiy as ii all oi ehr said sums of mo~ey vvere onginally snpu~ated
pn.d on wch d:y, anyih;ng ;n sa.d pro~n~ssory note or in th~s Mortgage fo the contrary nor.vithstand~ng; and thereupon or thereafter at the op~~on of
! PLORTvAvEE, Y.rthow nonce or demand, suit at !aw or in equity, therefore or ~hereaf~er begun, may be prosecuted as if all moneys secured hereby
f::.aWred pr or to n: ~nsf~tut~on.
7. That in the e.ent that at the beginning of or at any time pending any suit upon this Mortgaye, or to foreclosa it, or to reform it, or to enforce
-~ent oF any c~a~~~~s hereu~~dar, said MORTG~+GEE shalt apply to the Co~rt having iu~isd.crion thereo4 for the appo~ntment of a ReteivCr, such Court shall
• .•.~th apE,ci•~t a recei•rer of said mortgaged property all and sing~tar, indvd ng ai! and s~ng~far the ir.tome, profns, issves and revenuas from whafever
c•_ dc-•rved, each ar.d ev<~~y of wh~ch, n being express!y vnderstood, is hereby mc+rtgagcd as if spec~ficaily set for~h and destribed in the granting and
• -~:d;,m c..;~ses hen~of, and wch Receiver sha1l have aIl fhe broad and effective f~nct ons and powers in anyw~se emrusted by a Court to a Receiver, and
~-..:;.:~c:^~~r.~::~ sh~~c be n,~d~ by s~th Court as an admitted equity and a rnarrer cf absolu?e s~ght to sa~d MORiGAGEE, and without reference to the
;y ur ~nad~q~ac~ of inr vaiue of ~he property mortgaged or to the so.vency o~ inso~.ency of said MOR(GAGOR or the defendants, and ih;t such
s~ F:o~~fs, ~nco.r.e, iswes and reve~ues shali be apptied by such Receive: accordmg to fhe iien or eq~ity ot said MORTGAGEf and the practice of such
_,.rL
8. To dv'y, prompt:y and fu!ly perform, d~scharge, eiecute, effect, comp~ete, compfy w~th a~d abide by each and every the stipulatio~s, agreerr.ents,
~i~+or.s ard wvenants ~n sa~d pro:t~issory nore and th;s mprtgage set forlh.
9. Th;t in the evc.^.t the ownership of the mortgaged premises, or any part thereof, Eecomes vested in a person other than the MORTGAGOR, the
. 3.TGAvf" ,rs suc:esso.s a~:d ass~gns, may, wi~hout ronce to the A!ORTGAOR, deal w~th such successo~ or wccesso. in interest with reference to th~s
•yag_ ar J;he d•,o! hrret:y sec~red in the same manner as with lAortgagor without in any way vitlating pr d~scha~ging 1he Nlortgagors' fiability here-
or v~on rh~ d_•5f hereb~ s•_cur_•d. R1o sale of the premises h~-reby mor~gaged and no forbearante on the Fart of the IJIORTGAGEE or its successo~s
.~ss ~^s ar.d ~~o e,tens~on oi rhe t~me for the payme~~t ot the debt hereby secured given by the IAORTGAGEE or its successors or assigns, ai~all operate
. rc e..,se, d.scharge, mcd~fy ~hange or affect the original liao!lity of the M.ORTGAGOR herein, either in whote or in part.
lp. h~s st,cc:f;c.,!~y r:q~eed ~hat time is of the essence ot th~z cantracr and ehat no wa;ver of any obl~ga~~on hereunde~ or of the obligation se-
.•.d hereb~r shai~ ai ani h~~e ri~_ri•atter be held to bc a wa~ver of the terms hereof or of the instrument secured herby.
1`. ;~i t.:_: r~ t;;regc ng monih~ payments of pri~Cpal and interest required by the prom sscry no!e secured hereby, merlgagor eovenanis
_~~s fo ro-•.o~!~ _;•=e titi:nc ~ach n,onth!y pa;~,,em an add~~ional sum est.n ared b~ mortyage? to be eq~al ro I 12 of t;~e annual cost of the fo4iow-
A- ;:i ;-r .•r~ t3x_s ievi;;d or assessed ag3i~st the a6ove described r_al e:tate.
E F: '~:'s u., ar;d v:l;:tisre~~.+ inwra-ce as iiere~n req~:red to be carr~eci en the ~r•;:rovemeits s:tvate on the above d_scr~bed p~emises.
C~r s o i=:;ch n,o~+~..ge guaranry ir.wra~,ce as mo•tgagee sha~l fro~r. t me ro t~~ne deem f~t ro carry on the loan stcured hereby.
:'o~+g.z~_c s. ~•c~r r~~~._ to t;:r:e nor:f~ mortyagor ;n v..~t;ng of the an,ou~t d~~ and payab'e hereundar and such s~m shaf! thareupon be due and
-,u o•~ 'r~ : oi rh~ r~~ar n:onrh:~ paymem and e.,ch successive monrh thereafter w:t;~ mortgagee shaH not~fy mortgagor af a change in such
Sc~r, s.:^ s s'r., ~;,F•.ied by mertgag:e toward the payment of real property taaes, inwra~xe prem:ums, a~~d me!tgage guaranty insurance
~ •'~~v~rs.
iN ';rtT;~E~S :,H=R~OF, rne sa~d MORTGAGOR has hereunto set his hard and seal the day and year first aforesaid.
S~gned, Sealed and d•_€ivered ' the presence of: I,y ~
~~~~~LC-cz-~-Y, ~l r~~(Seal)
-I`-~ ~ .
--<i (Sesl)
- - ~f 2L~1 !oG' ~ (Seaq
- - - ($eaI)
'.?E pF fLORiDA
~ S5.
,,~~rr oF .~_S~c,-~1G~~_ I
, Before me persona'iy appeared _ W~II18I[t R• J~1T1
an~
_ $eBtY'1C6 A. ~3Z121 his w~fe, to me wetl known a~d Rnown to me to be
' ~ inu~wid;,a:s desu~~rd in and who executed the foregoing instrument, and atknowledged before me that they executed the s3me fot.the purposes
•_•~~in exNressed. And the said__~___ }3A1t2`~PP A Tahn ~
~ of rhe sa~d , {r+~11~c1J11 R. J81'lYl upon ai3epara~d private
n'naY~or~ by n,•> t;ien seaarate and apart from her sa~d h~sband, acknow{edged to and before me that she ezecuted said instrvr~ehT'ireeiy~2hc! volun-
; a~:d v:~ihout any co~~pu:sion, tonsrraint, appreh ~qn, or fear of or from her said husband. ~ ' .l, •
n ~
LY{TtdESS my hand and off;c~al seal th~s_ day of Au ~p. Q 19~
_ _
_ 0 1 _
- ~ ~i -
tary Pubfic in an fo the Sta1e f~~Iorida 6t laige : ~
My Comm;ssion expire : 3_ ~ . ~ K ' ~ ~ ~
Rerurn to: J~'. - . -
~ . .
i;rsr Federel Sa•.ings S lom Associat~on J(~~~ _
.~~F,. F:,_ fIlEO A4D RECpR p,
sT. ~UClE COUNTY f~~. ~
' ffOCE1 F~1Tq~=
CLERS ~''~UI* COURT
RECOPD ~~k~fIFD..........~
Th~s Instrument Prepared By J. H. Roberts~ Jr.
First Federal Savings 8 Loan Association A`N Q A 19 ~1! t7~
of Forr P;erce , Florida NW 't fl (
' ~1 j ~,i ~i~. ~ -
`,(t
Checked By ~
a~~~~J ~ ~
~ _ - - -
~ _ _ . : . _ . , -"'M1 a ~
r. ~W...~.,~~;