HomeMy WebLinkAbout2114 3. To p:ece and cont~nuo~.~iy ~.rep on ti~r 1•.u'~a~~:gs rwx or I~c~~ofte~ a~tuete on sa~d !end s~~d on eC rq~~p~»rnt a~~d pe:sonai!y co.er~d 6y th;s mong-
sg~. w~th 'lU P7Ci1~Wnl! ~hr~eon F;~ d~n lu;i, 1,re ~„s.,re•:ec ~n ~i~e ~~.,ai ~ro~,de~J yo'~cV ~orm, ~n a?~~n aFN~uveJ b~ ~Yie IdUk~i~:.'vEE, a~~d +~~~~Ja~u~m
lnsurencr in the uwei s~~~~Je~d N~i.cy fa~~~. ~n a s~~~~ aNpro.ed by ~he MuRTGAGfE, such co~~~y~~~~ or co~>>pa~i~es as the MORie:AGEE may
d~rec?; end all iira a~.d w~nditorm insurencr pu!~c~r~ on any o( se~d b~~~d~nyt, any inrerra~ ~1~erem or pan th~r~uf, in the eyg~cya+e s~m s1~~esa~d or
in eatess thrreol, sl~eil contam the ~sual sta~:d.,rd n~or~~a9ar c~ause o~ wch oiher cievae as Ihe Ma~yayea uiey ~ry~~ro, rt~aku~g the lc» ~~~drr s~~d poli-
c~es, each and every, pa,.,b,e ~o sa~d AWRii;AGtE as ~~s ~roer~st may appear, and eacA and e~ery wch po.~cy iha:l be pron~p~ty ass g~~rd a~ d d~:~.~r~d to
any heid ~y sa~d MOR~GAGE~ as (u•~har stwnty ~o so~d ~~~o~~gogr debr, and, not lrsa ~han ~en (101 days aJ:ance oi fha expuet~on ol c~ch po!~cy, to de-
I~ve~ to se~d MORTGAGEE a re~~rv.al t6orrof, toye~l.er w~th a recr~pt for the prr~~~~um of such rone«al; and ~hare shell ut ~0 1•re or w:~~.i~cc:~n w~s~~ance
pleced on any ol sa:d bu~!d~~,gs, any intrrest therei~ a pait thereo(, ur!ru in ~he funn and w~~h the loss payabfe as a(orese~d; end in ~he ere~~t any wm
oi money becomes payabte .+nJ~~ s:,ch policy o~ po~~ues sa~J h10RTGAGEE aheil ha~e d~e opt~on ~o ~ec~~ve and apy,~y the sa~ne on acco~~~t of ~he ~~~d~•l.t.•d-
neu secured he~eby w to pennit aa~J MORTGAGORS to recrive and use ii a o~,y p~rt ~hereol tor c:~~•~~ H~~e •~s.•s. ;.~t+~...t ih
~ng any equny, i~en or right under or by v~rt~e of this mcctyage; and in Ihe evant sa.d M0~2TGAGORS sha'I fo~ any ~eason fail to kcep the aa~d prrm~s;f so
inwred, or fail to del~ve~ promptly any of so~d pol~cies ol insurance ro sa:d MORIGAGEE, or i„~t pron~ptly fo pay fv~~y any p~r~~~~~~~n thcrefe~ oi ~n a~y
respect lail to pe~(o~m, d~scherge, e,cecute, efi~ t, cornpt~te, comply with and ab~de by ~his covenan~, o~ any p~~? hereof, fe~d MURfGAGEE may p~ac•- a~~d
pay for svch inaurance or any par~ thar~~f w~rhout waiving or aFfec~ing any o~~ion, lien, equ~ty, ar rlgM u~.der w b~ v~rrue of th~s ti!o~ty.~ge, and ~he
f~ll a~nouro of each and ere.y wch peymem shall be ~mmed~arely due and payab~e and shall baar intrira~ from tha date thcreof u~~ti! p~id ai ~he ~~~e ol
nine per crnrum per annu;n and to~rth~•r w~rh such Em~•~~e~ sha~i l,e s~•c~red by the Gen of this mor~gagc.
1. To permit, commit or suffer no waste, inipaiirnent or detenarat:on of said prope~ty or any part ~hrreof.
5. To pay all and sir.gutar ~he coits, cha~ges and expenses, inci~d~ng a reesonab!e attomey's fee and costs of e~stracts of t~t:e, incurr,:d o~ pe~d at
any time by sa~d MORTGAGEE, because or ~n the event oi ihe fa~l~re on the par~ of ~he se~d MORTGAGOR to duty, pro~nN~ly and fu~1y pe•form, d~acnaryr
_xewte, e~~ect, tompiete, co~np'y w,th and ab.de by e~ch and e+ery thr atip..l~~~ons, ayrre~+~ents, condi~~ons, and covenants of sa~d pron~~s~ory note and this
morrgage any o? e~~he~, and aa:d costs, tharges ai~d expenses, each and every, Shall be immrd~ately due and payeb!e; whether Or nof thert be no~~te dc+
mand, atteiript to co!iect ot t~it ~rtnci•ng; and the fufl amount ot each and every such paymeM shall bea. interos~ Irom the date the~eof unrii pa~d at the
:,r u~ n~ne }~er c~n:~~„ Ner en~,~:n; enc aii so~d ce»s, ci•arges and rr;,r~~ses ~ncurred w pa~d, ~o9r~t~rr w.th suth interrst, at~all be uwred Ly tne I~en of thn
mo~ tg age. .
6. That (a) in Ihe event of any 6rrach of this ldu~tgx~e or default on th~ part of the A/,ORIGAGOR, or (b) in the event any of sa:d w+ns of money
herein refe~~ed to be not p:orr~pfiy and fulty paid w~tl;~n tb~rry (30) days next aitcr the sanee srvera:ty beco~*ie d~e and payab!e, wi~hout de~nand or no+~ce,
or (c} in the evens rach a:xl eve~y the stipula~~ons, agreemrr,rs, co~d~no~~s and covcnants ot sa•d promissoiy note a~~d th~s mortgagr any or e~tAer are not
~~ly, prompdy an;! f~liy periormed, d.s_t~arged, exewtrd, effrcted, tanpleted, compi~ed w~~h and a6~drd Sy, then m e~~her or any wch eveM the sa~d ag~
g~egate su~~ ment~oned ~n sa+d pro~~ussory nctc then re~~~a~ni~~q ~npa~d, w~th ~ntr:e;t accr~ed, and au ~»onrys sec~red hereby, st~stl bccwne due ano pay-
ao:e forthwith, or thereafrer, at the o~.~~on oi s.+~J MO~iGAGEE, as fully and co~nptr~ely as if all of ~l+r sa:d s~ms of money were or~g~~~a.ly s~~p~.ated
to Ge pa:d on such dcy, anything in sa.d pro:u~ssary r.ote or in this Idwtgagc to the controry no~vv~thstan~~ng: and thercupo~ or thcrealter s1 the opt~on of
sa.d MORTGAGEE, witho~t nof~ce or de~oand, w~t at lew w in eqwty, therrfore or ~hereafrr~ begun, may t,e prosecuied as if ell moneys secured hereby
n„d matured pt~or ro~ts ~nst~tw,on.
7. That in the event N~at at the beyinn ng of or at any tim,e pend~ng any suit upon this Mortgage, or to forcc!ose it, or to refo.m it, or to en(o~te
payment oi a~y c~:~ims he•eund•cr, sa~d M.URTGAGEf aha:( .,~~~.!y to the Court having ~urnd.chcn the~cuf for the appantment of a Rece~+er, avch Co~rt shail
Ecrthwnh appc:nt a recr~rer o} said rnor.•gaged Froprrty ai, end aingutar, inctud~n~ a:! and su~~~~a~ ttre ir.co~ne, p~of,ts,'iswes and revanues from wh„trver
sc~+ce der;vrd. each a~d every ef vh.ch, ~r tx•~~.g exHr~-ss~y unders,ood, is i:r~eby mo+~yaged as if spec~fically set fonh and descr~t,zd m the granr~ng and
h,~bendum c~auses hereui, and such Rc-c~~ver sh.~i1 have ai1 the b:,~ad a~d efi~cnve (u~xt c~~s and powe~s fri anyw~se en!rusted by a Court to a Receiver, and
s_ch appCmiment sh~~f tk n:ede by s~ch Co~rt as an adn,ttrd ~QJIIY and a matter of a~io~.:te r~yht to sa~d MJRiGAGEE, a~d w~th~~~ reference to the
nde,~vacy ot inedaq~~aty of tF.r va:ur of the ~ro{~e~ty rnortgsgFd or to the ao.vr~cy or mw.YCr.ty of sa~d ldORIGAbURZ3t-fUe def?~.do~~ts, and +hat such .
rents, proirts, incume, isiues and re~er.~es s~~a:l be app~~ed oy such Rece~ver atcord~~ig to rhe ~~en or CqV~1y o( Sa~d N10RiGAvEE a~~d the praU~ce of s~ch
CourL
8. To dv'y, promptly and fuify pe~form, d:u_ha:ge, exc-:.~+?, effect, complere, comply w~th and abide by each and every the st~puiat;ons, agreemems,
condAicns and eovc~~~nn :n se:d pro~nsso*~ r.ot~ a:~d th s m..~ty~yB set forth.
~ 9. ihat in thh event the ov~nersh~p of ihe n.ortgaqcd pre~~~~ses, or any part thereof, becomes vested in a perwn other than the M^vRTGAGnR, the
MORTGAGEE, its wcces~ors ar.d ass~gr'~s, ma/, w~:hout noTice to ~he ~'ORIGFOR, deaf w~th such successor o~ sutcessor in +nterest w~th rrfrrence to ihii
rrortgage ai d the d~ i.t hcreby s~w:ed in the sar.t? manne~ a5 wnh .lurfyago~ wdhout in any way vA~ating or d~itharg~ng the Llcrtyagora' liabudy her~
~,r.der or ~pon the deb~ hcreu? ~«~~cd. t~o ia(e of the Fre~~:~s~s heieby mo.~gagrd ar.d no forbearance on the pari of the ?AORiGAGEf or its successors
or assigns and no extens o~ ot the t~me fur the f:ayrr.ent of t~~e debt hereby secured 9iren by the 1'110RTGAGEE or its s~ccessors o~ assigns, a~~all oprrate
~o re~ease, d~scharge, mud~fy c!:br.ge or affecr ~he o~rgmal Geb~i~ty of rne MORTGAGOR here~n, either in whole or in part.
I 10. It is spec:fica~ty agrzed that hme is of the essence of this contract and that no waiver of any ob~~gat~on hereunder or of the obligation se-
c~red he~eby nhaii at an~ t~n,e ~her~eher be heid to be a w~i~er of the te~ms hereof or oi the instrument secured herby.
~ 11. In a:fd t:o ~ to th~ forrjo i7 r' onthly pa~m_ms of p.~nc p•+! and inTerest req~~red by the pro~~ sscry r.c~e sec~.ed hereb~, mertgogor covenants
~ ind agrres to pay ro +•~oct_y ~g•~e r.~~h each on+h'y ~.a~~. ent an adcf.nonal s~m cst ated by morty.igee to k,e eq~~oi to 1_ 12 oi the an~wal ,ost of the }oliow-
~r.
~ A-AH rcal prcpc.•ty t.a,.-; lev~ed or ass~ s•.~~<i ,~,.~~•'.st th•_ air~ve d~-zc~i6~d r~_al rstate.
~ B- Pra~r:u ns on t,rc nnd windsro•~r ~nsur.:~ ce .+s i~~rr~;n re(~v.rec3 to ba• car. i~ d en ~he [~n;.roveme~ts s~tuate on the above described premises. -
C-Prc:n,,,~r.s cn >ucn :::ortg.•oe gua~3r::y :c;;,ra•.:e ds mrs3a~ee she:l fro~~: trr,e to tnne d~cm fit :o carry on the loan sewrrd F~errby.
Mortgagee sha'I frc:n nme ro r~rne ~=at:f~ mc.tgagc~ ~n wrinng of the a~r:ovnt d~e ar,d payabte he~eunder and s~ch s~.,~~ shail there~~on be due and
,~ya61e on thr ci,_• :.~re oi the r.c.r mo-~r~ ; F>i~•~ent and e~ch wccessive rror;th ri,ereaft^: u~:ril mcrtgayee sha!I not:fy mortgagor of a change in wch
~iouM_ Such s~:~~s s'a.: i~~ ap~~'~rd tr~ rncr'g,~ rr tona-d the Nay:.^.e~t of reai property taxes, ins~rance p~em.ur.:s, and mortgage gua~anty insurance
~ oremiums.
~ IN YIITPJESS :.'HER~OF, the sa~d .~OkSGAGCR has hereu~to set h~s ha~,d and scol the day and year first aforesa~d.
Signec~, aied and del've~ed in tne presence of: ~-j-- L
~ / ~y~ ~..~L:~,:.L4 ' CL-'71t~2sC-~ (Seaq
~ Peter P. Caaarata rseai~
- - ~ d~ r'{d~y Ydta ~2eL'-~(Seap
~ - . -(Seap
~ S ~ A7E OF ~Jt;h+ `/Oi ~ ~L 1
H~a.Qc~~- ~ u-
~ ;OUNTY OF - ~
~ Befwe me perwnally appeared PQteY P• C~dYdta _ and
~ MdYy/ F._ Canarata his wi(e, to me well known and kr.own to me to be
~hz individua!s described in and who exec~ted the forego~ng instrument, and acknowled9ed before me that they executed the same for the purpoxi
~ Mary F. Caaarata
~ therein expressed. And the said___- -
Peter P. Caaarata " u n a se arate and r~vate
r:~Fc of the said - t~ P P~
e~am~nat~on by me takan sepa~ate and apan frcm her sa~d husband, atknowiedged ~o end before me that she executed sa~d instr~ment freely and votun-
~ ~-r,ly and w~thout any comp~fsiun, constraint, apprehens.on, or fear of or from her se~d husband.
~YIT~~ESS my F~and and off~cial ual fh:s_ day of_ 7~v ~~~h y , A. D. 19~
~ , 7
';3 ~ - ,
N ary PJ61ic in and for the Siate ~ aK large ~
_ t• Comm,ssion expires:
Jtefy~iiloc.'• '.4~, . ~
F~rst Fed:r~l Sa~rioq~ d loan l1~io~~t~an
~p{ Fwt P'crc•_.
fp~t Pierce. Flor~Ja • . ~ y
_ _
, . r_i:.:_: . .
~ ' . ' i11E0 ~iiR R.CJ1lpE!
~ 'fhi5•)nstrurt~nt _~iepared By J.. H. RobeY ts Jr. St.lUC1E CO~NtY FLA•
'v" First Fe ng; ~ . . ROGcF~ r~~:;R~S
c~ra~ S,avi ~~;.loan Assouat~on CtEPK C~?CdIT COU1l1
: of.'fc»YPierce Rlorida _ RECnaD vF=:~~~ED
_sV' - r `1~ ~ i. ~~n~~
Checked B STAT'E t=' ~ ~ .
y _ ~O~UMENIAK!' ST/-~~Y?~ ~ ~ ~ ~ 9 35 ~M
r:, pcp; :F'. :"Y~fiUE .r~i~ 1I ~ - -
~ M'~ ~
' Eo~K~2~ P~<<21i4 r- B~~ ~~....~~~i=;~~'-~~~ z 7 0 0 2~z3s~ ~
~ ~ ~ z^ ~ ~j.
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