HomeMy WebLinkAbout0531 To p~~c~ and continuousiy ke~p on ~M bui!dinpi now or ha~aftq ~itwq or f~id i~~ ~nd on ~II equipm~nl ~nd Mrwn~lly towrQd by ~hi~ morl¢
~q~. with all p?~m~ums iMreon pa~d ~n full, i~r~ insur~nc~ i~ ~M u~wl ~~~ndxd pot~cy tam. in • wm •pproyed by ~he MORCGAGEE. and w~nd~~am
cnw~~nu i~ tM wwl ~~+ndud pot~q (am, in • ium ~pprov~d by th~ MQRTGAGEE, ii+ wch company a canpan~e• a th~ MORiGAGEE may
duecrj ~nd ~II tir~ and wu+d?corm i~uur~nc~ po1KKS on u?y ot N~d buiW~, aMr tn~~r~+t ~h~~et~ w pa~t thereol, in 1he pqreqNe wm afaewid or
in ~xctp ?haaof. Mall co~tain 1M ususl ~~~ndud mort9pM tiwa w wcl+ aM. cl•~~ •s ~M Mb+~psy.~ may rpuu~. maYi~p ths ~ou unJ~r s~,d pol~
ci~s, ead~ aod ~wry. paYabl~ ro u~d MORiGAGEE ita interqt m~y ~ppw. Md ~+ch a~d wery svch poiky ~hall b~ p~ompUy ~s?.9Md and dtiiv~red ~o
~ny MId by said MORTGAGEE ~s fu.ihar ~ecurity to wid matp+p~ d~W. ~nd. ~ I~u 1lun t~n i10) d~ys in ~dv~nc~ of th~ ~xpir~t~on of e+ch pol~cy, to dr ,
l~ver ~o said MORiGAGEE s reoawal tM~wf. to9tthK wilh ~ receipt fw tM pr~miwn ol ~~ch ren~wal; and du~~ ~MII !k oo f,r~ or windswrm in~~~anf~ -
pl~c~d on ~ny of ssid buitdiny~. ~ny in~erett th~r~ie or p~rt tMr~oF, unt~a in ~FM form ~nd with tF» losi p~yabl~ as •(wetaid: ~nd in the •venl any sum
of mon~y become~ pay+bl~ vndn such potity w polici~~ ~aid MORTGAGEE ~hall Mw the option ro reteiw e~d apply the. sa~» on +ccou~~t o( the i~ebted~
neii ~ecwtd he+eby o~ ro p~rmir s~id 1NORTGAGORS ro rec~iw ~nd uN i1 p any pa~t thereof fa othc~ purposrs, w~~hout th~~~b~ wa~v~Y~ ur nnpa~~-
~nfl any p~ity. IiM w~qh~ ~nde~ w by ri.tu~ of thi~ mortpap~~ aed in ~i» twnt aid AhORTGAGORS ~hall fw any ~~~son fail to keep tM said prem+ses w
~niured, or fail to de~ivt~ p~omp~ly ~ny o( taid pot~ues ol imvrant~ Io s~id MORTGAGEE, w fail promptly to psy futty any p~em;um tho.efa o~ in any
r~saect I~il b ptrio?rn, diuhar~e. •a~cut~. ~ffect, compl~a, comply wlth u~d ~bid~ by Ihi~• cov~~ani, a~ny pa~t hareoi, iaid IAOR~GAGEE may piace a~d ~
pay fa ~uch Imurance or My part thaeof withouf waivirg a~ifsctinp sny op~ia4 li~n, equ~ty, w~~pht unda a by virtw of this M?a~~ga9e. +nd the
f~~il an+o~rnl of tKI1 afld fvNy such paym~nl shall b~ imm~diat~ly dw +e+d p~ysbl~ ~nd ~MN be~r interetl from the da~~ thereoF until pa~d the rat~ ot
~~r,e pN ctMUm pK annum and toyether with such interest shsll bs setured by tht lien of tAis mortqsqa
To p~rmit, canrnit « wif~. i,o wat~, {mpa'wm~nt a d~e~rar~tion of ~aid prop~rty w u~y put the~eof.
5. To pay ~II and s~nyular ~M costs, chugts a~d ~xpe~ws, includ'uq a reason~bl~ ~ttwney's fee ~od cos~~ of abst~acts of titls. incurred w paid af ~
any ~ime by uid MORTGAGEE. becwse a in ~hs ~wnt of tM f~ilur~ on ~M pan oi fM ~aid MORTGAGOR ~o duly. promPNy snd luily perform, d~uhary~. '
execute, eft~. compler~. comply w~th a~+d ~b:d~ by ~ach ~nd wery tM st~pvl~~ions„ preements, eondit~o~u. and cow~ants of s+~d prom~s?ory ~ote a~d ihi~ ;
~~.o~rgsqe any a ei~her. ~nd sa~d cosb, cMrpes ~nd ~xpease~. ~ach +nd ewry. ~lull b~ immediately dw ~r+d payabse: whether w no: tf+ere be not~ce ds ;
mand, ariempt to coltect w suit pend~np; u~d ~he fvll amount of each +nd ewry such payenenf ahalt bea. iroers» from ~he date thercof un~i{ p~id st ~he
~~.rr o4 nine per ceMum pe~ aiuium; arx~ ~11 wid costs, charges and ~:p~~xes innxred w paid, togetlxr w~th tuch inte~e~t, shatl be :ecwed by the lien of th~i 1
mortg~. ?
b. 1h+t i+) =he evem of any bnacb of this JNorf9ape a d~favlt on tlr p+rt of ths MORTGAGOR, o. (b) in th~ event any of ia:d sums of money g
hrrein ref~rr~d ro De- no/ promptly snd iully paid within tAuty (30) days neat aite~ ~he s~me severatly bacome duc a~ payable, witMul demand o~ notice. `
or (c) in 1M event each and every the ttipulations, aqre~msnts, conditions +nd coven~nn of sa~d promissory not~ and fh;s mortqaye any w e~the~ +re not
iuty, promptFy and fully per(amed, d~xhu~eci, ex~cuted, effected, compbted, complied w~~h •nd abided by, then ir+ either w eny such ev~nt th~ sa~d ag
gregate wm mtntioned in said promiuory no?e then ramainirq unpaid. with im~r~st ~cuued, and alt ma~eys tecured hereby, shatl becom~ dw and p+y-
ab~e fa~hwith, or thereafrer, at ~he optan of said MORTGAGEE, u fully and compl~te~y as ii all of the u~d sums of money were a~y~n+tly s~~p„la~ed
ro be p+~d on svch day, any~h~np io ss~d prom~s~ory note « in this Mwtyaye to IM contrary notwithsundin~; and thcreupon w theresftea st ~he opuon of
sa~d MORTGAGEE, withoW not~ce w demand, iuit at law w in equiSy, the~~fore d lhcreahcr be9un, may be {xosecuted as if all moneys secured hcreby j
. had matured pnot to ~ts institution. 4
7. Thst in the event that N the beg~niny of or ~t ~ny time pe~ding ~ny suit upon this Mortgage, a to faeclote it, or to reiwm if, or to enface i
paytnent of any claims hdeunder, said MORTGAGEE shall spply to the Court h~vinp jurisdKt~on thereof fa the ippointmeM of a Receive~, such Gwr.t shall
for~hwHh ~ppoint a raceive~ of said mortysged p?ope?ty +nd sinp~lar, inciud~ng all and singular ~Fx income, prol~ts, issues and revenues from whateve~ ~
sovrce de~ived, each end every of wh~ch, it beinp txpressly undtrslood, is hereby mor~gaged as if specifically sef fw~h ar+d descr~bed in the g~antinq and ~
habendum cl+uses hereof, and such Rec~iver shall have all the b~oad and ~ffective func~~ons and powen in anyw~se emrustcd by a Covrt ro s Receiver, and
s~ch appointmeM sAall be made by such Cowt u~o admitted equity and s matter of absolute ri9ht to said MORTGAGEE, and wirhout Ieference to /ha
adequacy or inadequacy of the val~e o1 the properry mort~s~ed w to the so:vc~cy w~nsolvency ot ssid MORTGAGOR or the defendants, a~d ~ha~ such
renrs, profits, incane, iss~es and revenues shall b~ +pplied by such Receiva acc«ding to 1M lien w eqvity of w~d MORTGAGEE and the practice of such
Court.
8. To duly, promptly and fvlly parfam, dixharye, execute, effect, cwnpl~te, comply wi~h end abide by each and eve~y the stipulations, agreements,.
con~~tians and covenanrt in sa~d praniisory not~ and this mortyage set fo~th.
9. Th~t in the event the ownership of the mwtyaqed premises, or s~y psrt thereof, becanes vested in • pe?wn other than the MORiGAGOR, the
:'.ORTGAGEE, ita wccessors and assigrn, may, without notice to the MORTGAOR, deal with :uch succeuor w wccessw in interest wi~h reference to lhis
mo•Tgage end the debt he~eby secu~ed in the ssme manner ss with Mwtgaga withwt in aoy way vitiating or d~xMrging the Mo.tgagori liability hers-
under a upon the debt hereby setured. No tals of tl~ premiMS htreby morlQ~ged apd eo (o~bearance on the part of the MORiGAGEE or iri successors
er asa~9ns and no e~rension of th~ tirne fw the payment of t1?~ dtbt henby secwed yiv~n by 1M MORTGAGEE or its wccessors w ass~gns, .ha11 operate
ro re~ease, d~xharye, rtwd~fy changt oi affect the orig;nal G~bility of the MORTCaAGOR hertin, either in' whole or in part.
.
10. It is spec+fically sg~eed th~t time is of. the essence of this contqct and IMt no waiver of ~ny obli9aYwn hereunder w of the obligaYan sr .
cured hereby shalf at any time rhe~ahei be held fo be.a waiwr of the »rpa heteof or oF.tM ir?strvme~t secured hetby. '
1I. In add~tion to the forego:ng monthly psymenb of prinE:pal snd intNesl reqvired bY !M promissory no+e secured hereby, mor~gagor covenants
a~d agrees to pay ro mor~gagee with each monthly payment an add:rional sum estim~~ed by mortyagte ro be equal to 1/ 12 of the annual cos~ of the follow- F
:ng: _
A-Ap reat property taaes kvird or asussed againsl the above deu~ibed reat estate.
~
B-PreT~ums on fire and windstorm insurar.ce as herein requ:red to be carried o~ the improvements situate on the above described prcmises.
C-Premiums on ;uch mortgage g~~?anty i~uura~ce +s trwrfg~qlt slisil irom t~me to time deem fit to carry on the loan :ecured hereby.
NSortgagee shall from t~me to time norify, mwtgsgor in.writ~ng of ths smouro due and payablq he/eunder and tuch wM shalt fhereupon be due and
:~,able on the due date of the. next moMh!y .paym*nt ant~ each sucGessive monlh ~~~esiter wtit morrgagee shall nolify mortgagor of, a change in such
~ a- o~nt. Such sums sF.al1 be applied by mortgsgee toward the payment of resl property tsxp, ins~rance prem:ums, snd rtwrtgage guaranty insurance
~
~ •emiumi,
; IN WITNE55 WHERiOf, the said MORTGAGOR h~s hereunto s~t his hand and ual the dey and year first afaesaid
~ Sgned. Staled ~nd deliver«! in rhe p.ss.nce of: pECOR~f ~ "
AN~ MjY Pl~ a4
~ - S~~lUC1E~CP0ITR?S '
- ~t~RX Cir~iCU1t COUR ~ ,
~ - clED ' a~
~:ji' /
Seaq ~
ST%.iE OF ftORIDA 1,y 1~ IO 44 A~'~~ - • ~
st. ~f. M' ~ ~6Si8,z
~OU`JTY Of
Befwe me perwnally appeared .~aN• M• ~CKewlZ and
" C~1id~A H~ lleKe~Ve1 his wife, to me well known ~nd krawn to me to be •
~ !he indiv~dwts described in and who executed the fora9oirg in~hum~rst, and acknowledqed before me that they executed the samt.tdl tl~e.purpos~s
~ ~h~,~~~ ex~.~xa. n~,a ~?M Claudia H. [NcK~vtr . ~
++~~e o( tfie ssid .Ia~~i M• MCKe~/!= i'~prrp~t~ and pl'rvstf
~.a~„'naYw~ by me taken separate'aed apsrt frwn her s~id husband, adu~owtedyed to and before me that sFx execute3 said ii~nilt+~~t frlel~-a~voriq~-'
~ ; a~ ~:y and w~thout any compuls~on, constrai~t, ~pprehension, yr fur of w from h~r sa;d husbsnd. 's • f/`.~~ ,
WI7NES3 my hsnd and offic~al ual thii ~ day of D„`ti9-~~ ~
~ d~ ~
~ -
? Notary Public in and or t Stats of ~bridi •aJ larpe ' -
~ M Commission ~ d. s,
STASE OF iLORIDA y -'No?ary Pu~-lic, SM?e vf ~lErM~'nt,C~.cNr ~
~ COUNN ~F &t. I.Y~~! } ~ . My ~c^-.missix~ cw~:ri .ai; ~2.,~9~T
~ ~t~Z ~n~d ~Y ~r.r::can Frr 6~~diuctty C~+ `
Before me penonally appeared wesi~ .T ~ and ~
~
~ Sb~l~ A• HYnt~= his wife, to me well known and known to me to be
~he indiridwb descr~bed in and wFw exec~ted tt+e foreyoinp Instrwn~nt, and ~cknowledpsd before ms that they executed the same iw the PwPoses
~ rherein ex{xessed. And the uid Yl!'r 1•~••~~LtlY -
~ r.He of tM aid _ ~f1~Y J• ~at~= • - upon e separate and privste
n
e,am~natiw+ by me taken separate ~r?d ap~rt from her ssid iwsband,~{4E~1l1lpe~•1o~~!d' bsfwe me that she exec~ted said instrument treely end volun-
rer:ly and withoul any eompvlsion, twulraint, appreh~nsion ot fNt:Qt+e~feo(i? 1~ Mid;lllnband.
WITNESS my h+nd u~d official seal this J~~~L d~of f~ A. D. 19~-
'ihis iastru~~nt pr~par~d bq: : ~ iy..='-~: F--
Robert J. Bvans, Jr. - r- • -
O •~J PubIK in fw Stat~ of Fbrida at l~r~e
p~ zst R~~ sl viags and Lo~
Assooisti~s~.+8~~ozt Pi~za~, orida., i>¢~;~~;'~tr c«""';u'°" a`~i,~,,~,v t~, sbr. ~ a~.~ao a, ~.Q.
firtt federa) Savin~s 8 Losn Astociatron V~~ 1Ay Cen~wiasio~ Expires Jdr 22, 197~
Of Fo.t P~erce. O R ~ . bY ~Mw^ Fr~ i CaswEty lY.
~]~~~J ~
• Fwt Pierce, Flo~ida gOOK ~(j~ ~
~
~ ~ v" ~
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