HomeMy WebLinkAbout0778 To piac~ ~nd conrinwusly kcop on !ha lwi!d~ngs +ww a hs~c~f~e~ u~wfs on uid la~i and un a!i eq~~p*ne~~ and ~xna+a;ly covcred by this mc+~g-
sg~, with aN prem~vms the~eon pa,~ .n tu=1, l~ce insurance ~n ths .~s..al ~~a~dsrd poticy Form, in • aum apµroved b~ tAe MCR~GAGEE, and •w~nds:orm
~nsur~nc~ u~ ~he uwat ua~erd p~!.cy fum, in a wm ap~xo~red b~ tia ASORTGAGEE, in ti~ch cunpany o. compen~es as ~he M08TGAGff ray
d~~eu= u+d oli f=~~ and w~nd~~orm insu~ance polic~ on a~y Qf sa~d tu:~d~ngs, u+y inr+ros~ ~l+erein w pan the~eol, In ihs agpr~ats wm ~toresa~d or
tn ~acess Il+e~eoi, chall con~ain ~he usual sta~~da~d ma~gapee c~a~n~ w such ah~r c4us~ u fM Malqagc~ may .aqv:re. mak~np ~he toss u~,drr sad polt
c~es, e~ih ~nd werY. payab!a ro saiu' MJRiGAGEE at ~tt in~erest may apNear, snd eecA and ave.y such pot~cy shoU tk prompriy ass g~xd s+u! dat~vered ~o
hrld by sa~d N.~RfGAGEE u Ivrehc~ ucvrity to sa~d mongage debt, and, not !e~s than ~en l101 days in adw~xe oi the exp~~at~on of each policy, to de-
Gver 1o s~id MORTGAGEE a?~newal thcreof, Iogerl~ witA a rece+pt fw the premium of such renewal; and there sh.~it bs no (:rc o~ w~ndsturm :nsvrsnc~
ptsced p~ any ot said build~~gs, any inrerest there+n or part thereof, unlass in the fo~+n and w~~h iF+~ Icss payable as afcvesaid; anJ in tM eveM any sum
of ma.~y becon,es payable u~dar such policy or pol~cies sa:d MOR'GAGE[ shail have ~I~e op~~on ~o receive c~uJ apyly ?1?e ssn» on •ccov~~~ of ~ha inclab~rd-
~e;s secwed hareby a ~o permit sa~d MQRTGAGORS ~o receive ar+d use it w any part thereoi fM orner purposrs. ..:~ho~e th,r~ur .ti~i.t.~y or ~~~,po~r-
ing ~ny equ~ty, I~en or r:gh~ undcv w by virtue of ~his mo:~,~age; and ~n tM eve~t sa:d MORiGAGORS sl+all iw any rcason iaii to krep the sa~d premisrs so
~nsured. w fail ro deGva promplly any of sa~d polKies o( insurance to said MORTGAGEE, or fail prompdy to pay tut~y any pre.navm the~r}or o~ en any
rrsprct f~it ro pcv(am, dncharge, execura, eficd, complete, comply w~~h ~nd ab~dr by this covenant, o~ any r:~t hareoi, ss~d MORiGAGEE may p~ace a~~d
pay fa such Insu~ance or ~ny part tF.rreof w~~hout waivin~ or affectir.9 any option, lien, eq~:ry. or riyht u~e~ or by v~r~us of this Mo.tgage, and she
lult unounl of ~ach and e.~ry such paymen~ shail be imrr.cdiately due and paYable and :ha!! bra? inte~eat bom t!?e date thereof until paid at Ihe rore ol
nine per tentum per annum and to~ether with such intrrest shatl be ircu~ed by the iien of eh+s mwtgag3. '
1. To pHmit, canmit a suffe? no waste, impairment a d~terioratio~ of said property or any patt tl~ereof.
5. To pay all and singulsr the costa, cMrges u~d e~epenses, incl.xling a reasonable attorncy's (ee and cosrs of abatracts of t~tte, incur~ed w pa~d at
a~,y time by sa~d MORtGAGfE, beca,~se p in the evenr of the ta~iu~e on the pan of ihe said MORTGAGOR to duly, promptly and fully periam, d~scharge,
e:rcute, effen, comptere, co.nply w~th ac~d ab:de by each a~d every the sripulat~ona, agreenxnrs, co~d~t~ons, a+x! covenanrs oi sa~J p~omissory note and ~hi~
r.eorrgage any w either, and sa~d costs, chugc~ snd espen,es, each and every, shaq be ;mmediatety due and payable; wAe?he~ w not +F~rs be no!ice da
mand, altempt to coltecf oi s~it pen~i~g; and 1he full amount of each and evcvy such payrr.ent shaN b; a~ in~e~es1 trom the date thereof unril psid a1 the
r~te of n~ne per cenwm ~r annum; and all said costf, cha~ges and expenses incurred w paid, tegeths: wah s~,ch int.rest, shall be setured by Ihe Len of Mis
n'°`tyage' -
6. Thar (a} 'e.n the rvent of any brexh of thia Mortgage or default on the pa~t of ihr MORTGAGJR, or (b) in the event any of sa:d svms of money
here:n refe~red to be not proc,ptly and fully paid within thuty (38) days nex~ a4trr the same severa'ty Ixconx d~x and payable, wi~hout demand or notice,
or (c) in the event each ar.d every the srip~;a~wns, sgreemen~s, cond~ria~s and covenanrs of sa.d promissory no~e and ~h~s mwtgage any p e~eher are ow
i~ly, promptly and fvtly perfo~med, dacharged, cxecu?ed, etfected. completed, comptled w~rh a~d ab~ded ~y, ~hen in e~~her or any :~ch event the sa~d ag
gregare sum menrpned in sa~d promisscry note then remaining unpa+d, wirh inreresf acuued, and etl mor:ays secured hereby, shall beccme due and pay-
eb7e fo~thwilh, w thereafter, at rhe option of sa:d MORTGAGEf, as futly and comple?eiy as i( all oi +he said sums of money were w~ginally s~:pula~ed
ro be pa:d on such dsy, anything in sa:d prom~ssory note c+r in this Mortgage ~o the com~ary notwithstanding; and thereupon w thereafte~ ~t she opf~on of
s~:d lkORT~AGEE, w~ihow norK~ w demand, suir at law ar in eqv~~y, ~herefMe a rhereahe~ beoun, may be proxcuted as if all mone+~s ~ecu~ed hereby
n::d marured prar to ~ts instituuon.
7. That in the even~ that at the 6eg;nn~ng of or at aoy t~~ne pend~n~ any su~t upon th~s Mortgage, or to !wecbse it, w to reform it, or to enforce
payment of any cla~ms he~eunder, sa~d MORTGAGfE shrll apply ro t1x Coutt harinq jvr~sd+ction fAereof !ar the appansmeot of s Receiver, such Court shall
Forthwith appoint s rece+ver of uid mo~tgaged propcrty atl and s~ngular, in~Ivd~ng all and s:ng~lar the income, prol~ts, iuues a~+d reve~ves from whateve~
source deriveci, each snd every of wh:ch, it being expresity understoe~l, is F.ereby maigaged as if spec~ficalty set forth and described in the g~antinq and
?~~bendum clavses Fxr~of, ard such Recriver sha~l have all tho broad ar.d effecr;ve func:.cns and powers in anyw~se entrusted by a Court to a Receiver, and
:~ch appointme~~t shall be made by such Cour• as an admitted equity and a matter of absnlute right to s~id MORTGAGEE, and wiihoul reference to the
adequaq w inadeqvacy of thr vaiue of rhe p~aperry morrgaged or to the sa.ver.cy or insoivency of said MORTGAGOR u the defendants, and rhat s~ch
re~~s, profin, income, iss~es a~d revenues shsll be applied by such Receivcr accord:ng to the lien or equity of saSd MORTGA~EE and the {xactice of s~ch ~
CouA. ;
8. To doly, promptly and fuUy perfwm, d~scMrge, execute, effect, comptero, comply w7rh and abide by each and every the sripulations, agreements, f
:onditrons and cove~a~ts in sa~d promissary nore and this mwrgage xt forth.
• 9. That in the event the ownersh7p of the mortgaged premises, w any part thereof, becomes lested in a person other than the MORTGAGOR, the
•ti'ORiGAGEE, its succeuors and assigns, may, w~thout no~ice to the MORTGAOR, deal w~th such successw or successor in interest w:th ~efe~ence ~o th;s
mo~~gage and the debt hereby secured in the same manner as with Mortgagor h~~thovt in any way vitiating or d~xharging the Mor:gagors iiabiiity herr
,nder or ~Fwn the debt hereby setured. No sate oi the premises hereby mo.tgagerl and no fo~ixarance on the part of ~F~e /A02iGE1GEE or its sutcessnrs
er ass~gns and no exrertsion of the e~me for rhe paym.ent of the debr he,eDy sec~~ed given by the MOItiGAGEE or i~s successws or auegna, a:wll operate
+o re:ease, d~scharg~, mod;fy char.9e or affect the original liab~iity of ~he NORTGAGOR hcrein, either ?n whole a in part.
16. It is speuficatly agreed that Iime is oF the esunce of this coni~nct and that no waiver of any ob6ga+~on hereunder a ef th~ ob!igaYan sr ~
c~red hereby shap af any time thereafier be hrtd to be a wa~~er of the terrrts `~ereof a of thr instrument secured herby.
i 1. In add~t~o~ to the faego +~g month!y paym~nts of rrint nal and inre~est req~ired by the p~om[ssory no!r sec~red hereb/, mortgagor eoienants
~~.d agreea to pay te mo:tgagee vv:th each mon,h;y ~y~::ent an odd~rional sum es`~~•ared tr~ mo+tgagee to be eqval to i,' 12 of t5e annual cosi of the follow-
A-Aii real property fax~z te~ied or assessed ag~7•,st tn~ above desc.ibrd rea! esrare_
B-Prem~uns on flre and v.~r.dsto::~ ~nsuracce as t~ere~„ n~g:,[red to bz carreed on the ~nproveme~ts s~tuate on the above descnbec! premises.
C-Prem~vms on :vch r:orfg;ge g~aranty ~rsura~ ce as morrgagee shall fru•n Yme to timc dee^~ fit to ~arry on the foan scwred hereby.
Mwtgagee sfiail irom t~rt:e to t~:ne noti(y mo.:gagor ln writing of the arr.ovnt due and payabfe fxreundrr and wcS su~ shait therevpon be due and
: ayabte on the due date of tFe ne.¦t month:y payment and each successive monrh fhereaft~r ur.tit mwtgagee shall :wtify mo~tga~or of a change in such
s--.ount. $uch sums sha'I be app'.ied by mortgagee toward the payment o~ real property taxes, insuraxe prem.ums, and mortgage guaranty insurance
:'emiums.
!N N/!7 SS YiiifREOF, the sa~d MORTGA' has hereunto set his ha,~d and seal the day and year first s~oreu~d.
_ 5 aled azd deliver ~n of:
- _ --~'~ea~
` ~~ckins 1~~ Carver esean
- - ~,ry
Her ( 'x ) Mark
Ruby P. Carver
SiATE OF F:ORIDA
I.UC 1@
COUNiY Of St . ; -
Bcfwe me personally appeared Harkins I~e C?rver a~d
Ruby P. Cf TN@r his viife, to mc well known and k~own to me ta be
the indiv~duais described in and who execu:ed the foregoing instrumeM, and ac(c?wwtedged lxfwe me that they e:ecuted tfx same {or the ~wrposes
rt:erein expresxd. And the sa~d ~~y p• C^rVer .
fe of the sa;d H A I~C lfl 5 ~E e~ Z V Q r vpon a sepa.alt, and j~v~ _ ~
e*am4nation by me taien separate and apart from her said hvsband, ackraw~•dged to and before me that she execvted said insttuhi~~f~ely ~hd,voWrt -.'--+:y.
ran(y and w~thout any compu{sion, constraint, apprehe . r of w from hct said husband. •
WITNES$ my harxf and official seal this ~ ~day o~ F bruary ~ '19 '~'3 1~ ' "
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No? Pubtic +n as~d for the Sta1c of flo: da at ~argt_ -
M ommiuan expires: - T' ' C ~ ~ K'
Return To: ~ ~r ;
ferat federil Savings d Lo~n Associat'on Y~r~~ rll ? = C.
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Of ~o~t P:e:ce. ~ ~MM~~~~~A~yf~ q,f ~t ~
Fort Pirrie. Ficr~da ~ ~
~R~
~M~H ~
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flLfL~ ' 'EC'JR~EO
This Inst~ument Preparsd By Gary F. Ellwood ST.IVCtC ..~U1(TY F~~.
Firs' Federal Savings 8~ Loan Association F~ :z=_ ,'~~S i~
o f F o r t P i e r
c
e , Florida ~~rR~ ~.:;.U~~ Co~l p T ~
prip: ~ t~'`_@.~...~.~~.a~
~h~~k~ BY e 22 3 4o P~'73
FE
~ 24830'7 5 b
soox 211 PACf .778
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