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HomeMy WebLinkAbout0990 an~l shn~~ p~~?Jorm. ~-omp~y ~oi1h and af,i~~e ~?y Pa~•1~ and ~~~N~y t1~e Q(//PPD1PlIll. afipulatiwis. corulitions ant~ co~~~nanfs tii~~r~~J. n~~d o/ tF~is morlgall~. 1{~~~ 11~is maifqa{tp arcd ~h~ PSil1lP leere6y ~rpQ~eK/. shall rpase. ds- It~rmine n~u~ ru~~~ an~~ ~~oi~~. ~nd f~~e morfqu{~or ~~Pn•~y (urlE~~r co~~~nur~ts un~ agrnc~s fo paY pruntpt~y u~~ien ~Iue Itip prlncipal ant( in(ernsf an~~ ol~u~r sums o~ nioney pro~~i~I~~cI ~or ti~ sae~ nolN an~I fI~la morfgapp, o? pifhe~; to pay a~~ anc~ ? sinniilar th~ fa.r~s. ~ss~~sxnte~r~la. 1e•e~ies, ~ia6ilili~s, o6lignlions, nne~ encumb?ances o( every naturn on said pro- pFrf~; to pe~rntiL t-omntif or su~~er no u~aslr, impairm~nt or clefr~iorqfion oJ saicj ~unc~ or t~ie impro~~empnb f{~rrn~•n nt n~iy limi~: lo Ir~~~p Ih~ huildinns nuir or herva(to? ~?n c~id la~~d /ully insured in a sum o~ nol IPSS ( tl~an { in ~ ron~p~nr o~ ~•om~ni~~s a~•r~pfa~~(p lo I~~r mo?Ic~u~i~'~. 1~~e policy o~ po~iries fo ~?e ~~e~~ ~y, and poya6le fo, sai~~ morl~~ag~~, an~~ i?~ I~~P erent nny sum o~ mon~y f~PCOmes payaF~Ie ~y ~~irlue o~ such insurance Ihe mort~~ag~~e s{~ol~ I~~r~ tl~t~ ri~~l~l to rM•~ir~ a~~d ~pply 1{~~ same IO I~P l/1dPbI~I1PSS liereby secured, accounting ~O ~lIP m~~rfc~a~~nr ~ur m~y Surp111S; ~O ~)q) p~~ fU5~S, f~If1~~P5, Afl~ pXpPlISPS. Ilif~t[dlft(~ Iau~ypr~t fpPS Qt1~ ~1~~ sP~rr~~~s_ r~~sona~~~~ ir1~ t~rn~~l or pqi~~ ~?y f~~r morf{Ja~~~e h~rnr~sP of ftie ~ai~urp o~ l~~P morlpogor fo prompf~V . a~~ (u~~y ~•omp~v u~i~h flir a~rn~mHnfs, sfipu~afions. cw+~Iitions an~I ronenanis of sai~ rwle artc~ t{~is morlguge. i or ~ill~rr: fo p~•r/orm, ~omply ee~ell~ un~I atiitlN bv ~arh nn~l ~t~ery Il~e a~reements, slipulalions, conditions and coi~~iicinls sel ~orl{~ in saic~ nofe ancr ltiis ntort~a~e o~ Pifl~pr. In fhe Fi~en! Itie mortga~o~ (qi~s to pay u•hen ~ c~u~ nny lax. assi~ssmrnt, insuroru•~ prnmeum or olhPr s~m~ o~ monep paya~~e hy i~irfue o~ saic~ ?iolr unc~ I~~is mort~~a~~e, or pit~~~r, 1~~~ morlqa~~~e may pny fhP s~m~, u~il{~ouf u~aiving or a~jc~ling fhe opfion lo ~or~c~ose or any ot~u•r ri,ry~~t {u•rnwu~er, aru~ a~~ suc~~ ~ym~~ts s{~a~~ E~av inlprPSl ~rom ~afe t~er~o~ at I~ip l~iyh~st ~aw ~nI raf~~ I~~~n ~~~ou~e~~ f~~~ ~nu~c o~ 1~~~ ~fafP o~ f'~ori~~a. ~L nnv snm oJ mon~~ ~~Prein rN(~rrP~I lo nol promplly pniil u~it~~in t}11Y'~ t~ays nexl a~ler I~u• snm~ ~a•rum~•s ~~u~, or i~ eac~~ nn~ ~r~ry fl~~ a~reemvnts. sfipulations. con~~ifions ane~ i-o~~ennnls oj snit~ nofP mu1 Ihis niorf,ya~~~•. or ~illu•r. nr~ reol jully per/orm~d, complipd u•ifl~ ancl abid~d 6y. thPn tf~e entirp sum menlione~~ in sai~ nof~, an~~ t{~is morf4~ayp, or fh e enfire ba~ance unpcti~ thPrnon, shal~ ~orf~~wifh or f~~ereaffPr, al 1~~~ opfion oj f~~P morfc~ag~P, fiecom~ an~ h~ crue an~ paya~rlp, anyf{~inQ Plf SQt~ IIQ/R Or {~erein lo f~~ rnntrary noh~•if~~s(onc{ing. ~=~ilur~ ~~y 1~~~ morfgac~~•~ to arPmise any o~ t~ee righls or onlions tiprein pmt•i~l~K~ sf~all r~uf i-ur~sfiful~ a u~ain~~r o~ m~r ri~r{ils or opfin»s unc~er sai~~ nolP or 1{~is morfgagP acc'ructi~ or f~u>rna~t~>r accrttiric~. ~n ~itness ~hereof, tlr~~ .air~ mwlgayor {~as ~IPrFUl1I0 siqnPd nnd s~~led Ih ~ n p~re'~erit~: ~Re tlay ei++r~ y~ar ~irsl a~,ore~ +~~ritle>>t. . - . qE~• t. . Sinn~•~f. a~~~~ ant~ ~•~i~ rnc~ in 1~~ prnst~nce o~: . ~ ~ . C~~ _I { p T~T/+ . \ 1 ~~.fj....l~~..~.~t."r~-- 1~ . . . . . . 11. la .111{L..__. i.l-" r~... P ; - -.:q~,' ~ ~ ~ . % ~ , ~ , ' .1...~. _ BY.:. ~K.-~... s~ _ r ~president , ~ ~ . . . ~ _ - _ _ _ _ . - - . - ~ STATE OF FL(>RIDA, ~ COl'\TY OF $'C. I,i1C1@ . I~ 1{ER£,BY (:ERTIFY that on this day, before me. an offir~r duh• authori~rd in the Statr aforcsaid and in the Cour,ty afori~said to tak~ acknowledQmenu, personally appeared Peter M. Leaming, president of Peter Leaming, Inc. to m~• known to Fx th~ p~•rson describtd in and who es~cut~d the fore~oinq instrument and he aetcnowiedgecl • beforc m~ that he cxccuted th~ sam~. ~~'I"1'\ESS my hand and of(icial seal in thc Countp and Stat~• last foresaid this ~ , C~_ day of i ~ . - f < ~c f D. 19 ~ ~ , ~s' ' ; ' ~t \ , i ` . 3 . ' } _ /y~`~ ~ w~ , ~S , . , _ _ . - - . " ~ r ( . ~ ~ Notary Pu ic ~ ~ ~ r ~ / 1/ My caimission expires: ~ ~ 1 E i~ p'' nSY f LA. ~ fl~ S~ tU~' ~ AS t~'~ ~ f.t•,i . G~J~ C~='~ ~ , f FE~~~- ~ ~W. 1~ 59 b 3~'~~ )f i I ~Ilf IJI.c/nIl!/!'ll/ f11t~[lJk7/ hy: . ~ :~c~i/i~~t~ ~JHtS INSTR~4~.VT PREPq(Z:D gy; C:,j ~ ~ ~ C. GAY 321 5. 2ND 5T. ' ' p1ERCE, F~q, ~.nr_ . t~ - ' ~ _ Y . _ _ _ _ . :