HomeMy WebLinkAbout1899 To place and con~inuously kcep on ~he bu~'J~~sgs now or hereaf~er ~~tuate on s.+:d !and and on al{ equip~,~en~ and person~lly covered by ~hi~ mwtg• •
eye, w~th all premiwns ~I~ereon p~~d in full, hre ins~rance ~n the us.:~l eta~~~:J pc.'~cy foim, ~n a sum syy+u+:-d• by the MOR~GAGEE, a~~d win~ato~m
~~s~rance in ~h~ uwal ttendard pol:cy ~orm, in a~u~n appro+ed by the MORTGAGEE, such tompany or compan~es +s ~he MORIGAGEE may
dvev; ~nd aN fir• a~~d w~ndatorm inw~ance po~ic~es on a~~y of w~d baild.ngs, aoy interest Ihese~n or parl thrrrol, in Ihe aggreg~~e su~ •fwssaid w
in eacess Ihe~eof, shall comai~ tne usual s~e~~dard mor~gagce uause o~ such othrr Uauae as the Mortyagee m~y requ.ra, ma?in9 the ~oss u~drr aa~d po~t
c~es, each and overy, pa~ab'e to sa~d h1pRIGAGtE ss ~n mt~•r~at rnay appaar, and ~~acn and every wch po::cy sf~alt tx promptly assg~~ed a~~d de~ivered ~o
eny held by s4jd MOR(GAvEE ss (urther security to said m~o~tga9a d.ut, a~:J, r.ot iess tlwn len (~0) d,r+ in ad~a~xe of the esp~~at~on ol eech po1~cY. to de-
~wer to said MORTGAGEE a renrwal thereof, logether wi~h a rece~pt for ~hz pre~nwm ot such renewal; and ~here shall be no i~~e or wi~idaro~m inwronce
p!eced on a~y o1 said build~:~gs, any intere~t fhere~n w par? thrrcof, un`.css in ttv fonn a+~d wnh the toss payable as aloresaid; ~~d in the eve~~ any wm
of mo~ey brcome~ payab'e und-r tuch poiicy o~ potkies saiJ MORIGAG"cE shail ha~e the opt~on to receiva and apply the same oa accwM o( the indebted-
ness sewrrd hereby or ro pe~mit i~~d IAORiGAGOR$ t0 reCeive a~d uSS il W any Nart Ihe+~~Jf fo~ oinr~ {:ur}.oacs., r+~~hout th~r~ u f .varv~ ~g o~
~n~ any equity, licn ot r;yht under w by virt~e of th~s mo't9age; and in the event sa d A10RIGAGORS thall ta any reason fail to keep the sa~d p~emise~ so
risurcd, or fail to del~vcr pro~np~ly any of s.,~d pof,c~es of insuron~Q ro sa:d MORIGAGEE, or fail promptly to pay fully any prem~~m thcrefoi w in a~y
r_s; ec~ (ait ?o per(wm, d,sch,.~e, exrcute, ef?ect, con~p.e~e, co:nply wi~h an$ ab~d.~ 6r this covena:~t, w any part hercof, ia~d MORT.,AGEE may p~ace a~~d ~
:..M ur.dwr or 6r virtue OF this Mor~gage, •nd t~tt
e{ t41 S~eD ir.fvrdntt W dny perl Inr~evl a~~iw~i wa`~...y i. =~'C :y =-t -
r~ i amount o( each and r.e~y s~ch peyment shall i;e ~mmzd~ately due ~nd payab!e and sheil~ baar ~nterNS~ from tho date 1Aereof uroit paid at the ~ate o~
• pcr ~enium per ar.nun. j~•ci ro~_ih~•r a,th 3~ch ~rorr,:s~ :i~,,i~ JP sewred by the I;en o( th~a mortgage.
1. To pe~mi/, commit ot suffer no weste, impainnent or dC'e~iOrotiCn Of sa.d property or any part thereof.
S. To pay all and siryutar the costs, charges and expenses, indud~ng a rea:onab~e attwney's fee and cos~s of ~bstratb of title, incurred w paid at
+~~r ~~~~'e by said MORIGAG.`E, because or m the event of t'r~e fa!:~re on tne part oE the said MORiGAGOR ro duly, prompt~Y and fu11y per(am, d~scharge. :
_.ccute, eif~t, compl~te, co~npty w~th and au:de by es:h and e.•ery the stipu!at~ons, agreema:nta, cond~tions, and covenants of said prort:issory note and ~his y
~•rgage any or ef~her, ai,d sa,d cos~s, charges and expenses, rach and every, shait kx immed~ately due and payable; whxther o? not there be notice da i
,•,:i, atte~npt to coi;ect or svif pend:ng; and the futl a~nount of each and every wch paymrnt shall bear interost from the da?e thereof until paid al the ~
n:ne prr cen:~m F~•r ;~~r.,:n: ~rw au sa~d cosn. cherges and eaNe~~aes 1ncu:red o~ pa~J. toyether w~th such interest, slwll b~ secured by the lien of ihis
;rortgage. s
b. That (a) in the event oi any b~each of this A!w~gage or deFault on tM pa~t of the MORTGAGOR, o~ ib) in the event sny of sa;d suma c+f money
hre~n refencd to be not promptly and ful~y paid vr~tnin th~rty (30; days r.eat aNer the same seve~ally betonx due and payable, wi~hout demand or nolite,
c~ 'c) in thr event each and evrry the s~ipu~a+~o-is, a~reements, cond~t~o~~s and covenants of sa,d promissory note and th~s mortgage any w e+tF~er are not
s..:y, promprly dOi~ }u!ry pCrlOnr.~~d, ds_harged, exrcuted, eifzcted, cumpieted, co~r,~:,ed wah end ab+ded Sy. ~hen in e~ther or any such eveM Ihe said ag
g_~ate wrn mcntioned in sa~d p~om~ssary note then re~.winin~ ~npaid, with ~nterest acuued, and at! moaeys secured hereby, sha~~ becume d~e and pay
ao fo~thw~th, w~hereaf~er, a~ the optiort of s3sd A10R1GAGEE, a: fully and comprrre!v as if all of +he sa~d wms of money were agina~lY st~putated
oa:d on such day, anythina in sa:d pro:n~ssory note or in this Mottgay? ro the connary ~otwithstanding; and thereupon or thereafter at the option of
s, .!ORiGAGEE, wrthout not~ce or demand, suit at iaw or in equity, therefo~e therratter begun, may be prosecuted u if all moneys secured htreby
.-.nn.•.e1 nr.~v tn df init~tul~oO.
7. That in the evenf that at the 6eg~r~ning of or at any ti~re p.nd~~y any ;~~t upo~ th[s Mortgage, or to fwecloss it, w to reiorm it, o~ to enforce
,;•n.~r.t of any ua.ms her,v~~der, seid l.1URTGAGiE s~+al~ epp'•y to tn•_ Cour1 hava~g ~u~.sJ ct.on thereol {or the appo~ntment of a Receiver, wth Covrt shafl
_ .~~rh apf,om~ a rec~t•:e~ ef sa:d rnortqagi•d Fruce~ty ~II nnd s~ngufa~, ir.c:,xi ng ar,d S~n3u~dr the ~ncorne, prohts, issues and revenues from whetever
.t~•.~ved. each ar•~ every of wh.ch, ~T ~e~r~g c~E•ress;y u~dc+sfcocl, ~s h.e*eo; mor!
,ayed as if spe~~f~calty set fath and described in the g~an~ing and
•~'.dum c av:es her,~at, and such Rece~rer shati haor all the b~aad and effectwe fu~ _:.c:~s and ~wrr~ in anyw~se eMrusted by a Court to a Retriver, and
;n 3pppin+men! shJii ix mjdr. by svch Court as an ad~^irced cgvrty and a.•ma+~e. oi aes.~:.~~r ~~9!+~ to said MORTGAGEE, and without refere~~ce to 1he _
~,-;~__,cy er inadrq~acy of the value of the orop~~t/ rr.c~tgeged or to ihe so.+c'cy o~ -o•:•=n~Y of sa~d MORTGAGOR or ihe defendants, and that svch
~e•:•s. profns, income, issues and reven.,es shai! be appiiad by such Rece~ver accord~ng to the Ge~ or equity of said MORiGAGEE and the p~actice of such
~~.:rt. . . i
8. To duty, proTptly a~d ful'y pa~~o+:r., d:s!1~a~ge, eteci~'r., ef!e:[, comp(ete, con:{~~y with and ab~de by each and every the st~pulations, agreements,
,:^dir~ens and wve,tianrs ~n sa~d prom(s:ory ~,c:e aud :his n:crtgage set fo~th_
9. That in the event the ownersh:p oi the n•o~tgaged prem:ses. or any part thereof, btcomes vested in a person other than the MORTGAGOR, the
:~RiGAGEE, ~~n suzcessers ard assSgr.:, r.,ay, v.::fi~~' not,ce to the 1LORTv~OR, deal w~ih wch successw or wccessor i~ interest with reference to this
~,•tgage a~d the deb~ h~r~by srwred ~n the sa~re r.r~°r.c; as .v~!h 111wt•3agor w~t~wut in any way viliating w dixharging the IAortgagors' liability herC
ier pr upon ±he d~bt.i~~~e~y s.c,:ed ~:e s~'e of ~he F:e~n%S^S hr:~•ny inortgayed and no forbearante on the part of the MORiGAGEE or its suetessors
t _ ...e ,t..ti. ~~An~n'~ (P(UfP[I o~ven bv ihe MORiGAGEE or its ivccessors or au~gns, ~hall operate
~„y:;~ o.,.: . _
o re~sese, d~scha:qe, modify change c~ afiect t6e,o•~g:r.a! I~ab~i~ry of ihe N,CRiGAGOR ne~ein, e~ther in whole or in part. _
10. It is spet ~~caliy agreed that ti~~~a is oi th. essence of tbis to:~tract and thjt no waiver of any ob~~getion hereundet or of the obligeYan se-
.,-rd hereby sha;: at any t~me thereaf:e: ue ~eid to be a wa:.•er of the trrms hercof or of the instrumem secured herby.
I1. Sn acic! r:o : to forcgo ~9 •=o~r~'~ f,~~::~-nts of pri ~c p3i ard ~~~ser^zc reqv~~ed bY prom~ssory nae secured hereby, mortgagar covenants
ci ag•ees to pay to riart9~yee w~?h eec~ m_~~!h'y ;:~y~~:ent vn add.~~ef~a! su~n esr~n-a~ed by mortgagee to be eqval to 1;!12 of ihe annual cost of the follow-
A-All rca! prcperty tar~s feve_c: cr asses•._d :y.+i •st !hte ai:ove descri:,-d r,a! es:.,te. ~
B- Pv:r~, ;~s o~~ fne arci ,r.+~:usso~•~~ a; ne~•_::- •ca;, -°d ~o ce carr~ed cr the :m;.roveme~ts s~tuate on the above described premises_
~ C-Pre~ni;,r•s e~ s~ch rrort a~ tv irsu-s.ce as mc-r a. sha:i fr~T !^ie to time deem fit to carr~r the ban secured heteby.~
~ agP q.~ 9 3"_
f 1longagee sk~i! f~om nme to tt..~e no~~i: rr.urt,sgcr m,.ritmg of the a.-~oum due and payable hereundrr and such sum shall thereupon be due and
f :~!e o~ th:: d.:e ci~te cf rh~ next ,o ~tt~.y par.^~•~r and e"ch suco~sv~e Tr.~h rnereafrrr until mortgagee shall notify mortgagor of a change in such
! Such s~}ms s! a'! Le apps~ed ~y ^~o"yeg••c tor•~-d the payment of rea~ prope~tyr taxes, insurance prem:ums, and mmtgage guaranty insurance
. . .~'.s. . i ,
IN Y:IiDJE55 'NHERiGF tre sa•d V,~~RiGA:,:vB has hereu~to set his hand and se 1 the day and year first aforesaid.
~ ned. Seal ~and ~}e' ver in the presence ot:
~ C f~0~~ ~a0
t
ne f~~f n~"~ ~^tiyj~ fLA• ~ iC ae ' . ro ~aq
--0.p~ Y
T -~2~rL,z/ !~2!`~t~_ Sj~ AJV. ~T C~Upt ' " (Seal)
i~ness ~ ry n Yown csNn
cL~~
~ . : 3 4~ ~~,1a ~
E OF FLORIDA 8 Q~~~
DADfi '
~C7
~ - -r_"dTY OP -
~ Befo•e me person'aU.~( a ared M I(~iAEL J. 8~~ and
~ 1`Y'f~~ ~N g~~ _ his wi~e, to me well known and knpyHl'ti1H~Ip bs':.
z ind~vid~ais described ~n and wFv~ exe:uted th? fotego~ng instrumem, and acknovvied9ed before me that they executed the saro~~~ t.
~
~ , . MARY ANN BROWN ~ ~
~ ~e~n expressed. And tne said- ~=~+~j ~~~i~J~.
e of the sa~d ---~I.~E~-EI'.~ . B~{~ vQbrt:asi~Ps~ and ~!r'!~'~ ~'i.,"
~ J>•,-n nat~on by me tak~n s=parate ar.d aoa+t irom her sa~d husband, acknowtedged to and beFOre me that she executed said inft~yr'~fnt f Iy~~,~p1Up+~
.
~ ~ a~d w~thout any co~+pu:sion, co::strainr, a~.prehens';c/n, ~fear of or from her said husband. , • p~ '
r3 ~"liTNE55 my hand acd offiGa: sea? th s _ _ day of `J ° ~ ~ ~ ~
' ~ ~ ~ • - •v
~ ~ •
r Not~lic in~ for the t of Ff~jd~i~ltr~ps-•~~
My Commission expires: /l~Q+ Sf~~
_ y~/huu~tsst~~'
~ Rerurn To:
Fint Federal Sa+ir s 3 loan Asso.:at.o~
a; g NOTARY PU6LK STATE OF ~tORIDA AT LAlpt
Of Focr P.e:ce. MY COMA4155ION EXPIRES MAY 9, 1977
Forr Pie~ce. Fi;;•;da • p~~ TM~U G~NERA1 W51JRAliCE UNDERIMRITER!
~
~ This Instrument Prepared ByrhoIDa?5 A. DI1 SCO 11
~
~ First Federai Savings 8 loan Association
~ of Fort Piercey Rlorida BaOK~ PA~~,vt~
~
Checked By
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x::
~ cf
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