HomeMy WebLinkAbout0540 3. To pbc~ u~d sorainuov~ly kNp on rM bvitd~nps now a 1?e.t~hN N~wt~ or i~;d I~nd ~nd on ~11 equ~pm.nt ~nd p~rwn~lly covN~d by ~hi~ mat~
p~, witA ~11 pr~~niu+~ th~r~ p~~d in full, fih insuanc~ m ~M u?wl p~~~d po~~cy lan~, ie • wm ap{xowd by ~M MORiGAGEE. u+d wird~wrn~
Mrw~na b N» wwl ~tw~dard po~.cy fain. in ~ wm ~ppror.d br ~M AAORTGAGEE, in wcA canp~ny a comp.n;N q rM MORTW?GfE ie~r
dine+t ~nd ~11 ftn and wie~rorm in~w~nu polie~~ on ~ny pI N~d _build~np~, My inf~r~~t thtrfin W p~r/ IMr~pl, in ~F» yyrp~e~ wm ~for~aid a .
1n ucaM 1Mrw1. sMll oont~in tM uswl ~~andard rnor~9apN clwN a ~uch otl~ clav~ N th~ MwtypN may rpvu~, ma~iep ~M Iw~ w+dM sa+d pol4 •
eiM. ~ad? M+d wwr. pry~b4 10 ~aid MORiGAGEE a~ in ia~M~sf ~naY appw, ~nd NeA and ~wry weh poiley ahall b~ promp~ly ~p•pn~d and d~liv~e~d ~o
~n~r MW by s~W MOtTGAGEE a f~nlwr s~cwity to said mo.~yp~ d~br. ~nd. nw Ns~ tl»n t~n (~Ol d~y~ In ~d~~nw o( ~he ~api~~tan of Nc1+ policy. ~o dr '
Iiwr to wW MpRTGAGEE ~ r~wwal tMr~of, toq~~l+K wi~h •~~c~~pi fo. rM P..~++~wn of ~vch r~n~w~l; ~nd ?M~~ aM1! b~ ra fu~ w wtnds~a~n in~wsna
pt~cvd on M?y of ~aid. l~iidinp~„ ~ny in~~sf tMr~in or part Nvnof, unl~q In ~!w form and wi~A ~h~ tw~ p~y~bl~ •~Ot~Nidt w?d in tA~ ~wnt ~ny ~wn
of mon~Y b.eon~ p.y.bl. w~da weh paky w polK~.. •.d MORTGwGEE ~MII Mw ~M op~a~ w r~c~~~~ •nd ~ppty tM s~m~ on ~aount ol tM u+d~b~~
nas New.d 1~.~b~r o~ a q.rnh ~a,d MOltTGAGORS ro r.e.n• •nd uN it p any parl ther~af fw mhe. purposs~, wn~w„~ ~haeb~ waivinq a e++p+ir-
inp ~ puity. Ii~n p ripM w+d~r a by vir~w oi thi~ mortyp~~ ~nd in tM ~wnt sa~d MORTGAGORS thall fw ~ny reawn iail to kMp ?M ~a~d p«nisa w
Mrw~d, p f~il b d~liv~r promptly ~ny ol Nid polKi~~ of inav~~nc~ ~o a+d MORiGI1GEE, or fii! promptty to pay fulty ~ny pr~mium thersfor a in any
~Np~N fdl b p~rfwn~, diseA~~q~, •~~eut~, ~ff~tt, eoenpl~t~, eomply wirh and ~bid~ sy thi~ eovenant, or ~ny par~ her~oi, said MORTGAGEE may pl~u and
WY fa wd+ urw.~cs w«+y wM M..wf withw+t w~hrinp or ~fi~ctinp u~y optio~, (i~n, puity, o~ ~iyAt unde~ a by virrw of thi~ Matpp~, rnd tM
lvll rnowa of ach ~nd ~wry wch p~ymem ~hall b~ ~mm~diuNy dw ~nd pyabN •nd ~MII b~sr im~r~~~ f~om tM d~t~ ~M~~of umil pa~d a rM ol
nir» p« antwe pa arrwim and to~~her with such i~teres~ ~MII M ~tcuntl by th~ Ii~n of tAb nwrtq~y~.
1. To pMmtt, ooi+rnM or wffa ~+o wuN, Impairmtnt o~ dsttrior~tion of ~aid popKry w any pWt ther~ot.
S. To p~y ~11 u,d skp~ln tM eou~. eharqM ~nd ~ap~ ineludirq ~ r~~wnsbl~ ~trorn~y i fe~ and eo~~~ of ab~~rae?s of llet~, ineurnd a paid
«+y tMw by wid MORTGAGEE, b~cws~ w i~ tM ~vent of il» (~ilw~ on tFy pan of tM s~id MORiGAGOR a duly, promptly ~nd fulty pwtam, d~schar~,
~x~wN, ~ff~. compl~t~, oomply wiM w?d ~b:d~ by ~ach ~nd ~wry tM itipul~t~w», pre~~~s. condi~iorn u~d cown~nn o1 uid promissory not~ snd tlw
~o+p a~y or ~itMr. uid raid tosq. charpq ~nd txpN+ses. ~ach ~nd wky, aMll b~ immedi~t~ty dw ~nd pay~bl~: wF~ethN w not tMn b~ notic~ d?
~nd.~lf~mp to eelbet a wh p~ndnpt and tM full arnount of ~ach ~nd fwry ~uch p~ym~nt sMll bsar int~ns~ from tM d~q rhaeof v~til p~id ~t the
~~M Of ~Iinf E1N tMfWn pp NNWmJ ~nd ~II ~aid COf?t. chuges ar~d ~xpM~es ~ncw.ed a paid. ?og~rMr w~~A such im~ra~. ~MII b~ s~tvr~d by th~ li~n of Mu
^qrtDg~.
6. ilrt in tlw ~wM of ~ny br~~ch pf thi~ Mwtyp~ w default on th~ part oi the MORTGAGOR, w(b) in tM ~vent ~ny of ~id wms of nae»y
Mnln r~f~n~d 1o b~ not prwnptly ~nd f~fly paid w~~hin th~rty (30l d~ys n~x~ •tte. ~he sun~ s~ve.~1ly be~om~ dw a,~ payabl~. withow ckn~and or notic~,
w(d M 1M we~t ~ach and ~wry th~ stipvlatlom, s~r~n», conditioru and eown~nq of s~~d pomisso?y not~ and th:s mw~pap~ ~ny a~~ther u~ nw
~uFy, panptly u~d fuly pKiorm~d, d~xl»rped. ~aecuted. ~flected. compl~t~d, complad w~th and ~b~d~d by, tMe? in eiti~er w any ~uch ~v~nt tAs s~id ~g
prp~b swn +nt+nia~d.in utd pomitwry not~ tlun r~m~ininp unp~id, witA infe~~~t ~cuwd, uid.atl mon~ys secured hK~by. ~h~ll b~wmt dw ~nd p~y-
~bb forthwitly W flNfNftM. ~t tM option of ~aid MORTGAGEE, fully ~nd compl~~~ly if •11 of ~M utd wms of mon~y ~n wqinally sYipula~ed
to b~ p+id on wch day. ~nythinp in ~a~d p.om~uuy nore a ia this Mwtyp~ fo tM conu+ay notwithst~nding: ind ~herevpon or th~reah~r at rM op~an of
~aid MORTGAGEE, witho~t no?ip p d~nn~nd, wit N Iaw a in pvily, thHefo~~ a tMre~f~K be~un, en~y be pro~ecuted a~ if NI montys Ncvnd lyreby
A!d nwfYt~d prqf to iM IrNtitvfion.
7. ?Mt in tiw w~at M~t ~t tF~ bpinnirq of a at ~ny tim~ p~ndirg ~ny ~vit upon rhia Morry~ye, a to foredos~ It, a fo r~fonn iL a M~niorp ~
p~yn»nt d~ny dirm AMwndN. ~aid MORTGAGEE aMll ~pply to th~ Cou~t 1+~vinp ju~isdiaion therwf fw fM +ppo~ntm~nt of ~ Rac~ivK. avch Co~N s!?NI
Fo?thwM+ ~PPoint ~ e~c~f~rM of wk! n+ort9p~d p~openy dl ~nd iugular. incfud~np all and singul~r ~h~ incom~. profin. hsws and r~wnw~ /rwn wMt~ver
~owu daiwd. ~ach and w~ry of wblch, it b~inp ~xpressly und~raood, i~ F+~r~by mon9a9ed if apeutic~lly set fa~A ~nd dearib~d in tIr qru~rinp ae~d
Mb~ndwn cl~v~ M?wf, n+d ~uch R~csiver ~Mtl Mv~ al1 tM b.oad ~nd ~Hectiv~ funaw~~ ~nd pow~n in anywis~ ent~usted by a Cwrt to • R~uivK, ~nd
wch ~ppo(ntnrnl aMU b~ m~~ by wch Cowt u~n ~dmind puity ~nd • rrwtt~r o! •baolute ripht to s~Id MpR1GAGEF. and without r~f~renc~ b tM
«lpuacy w Mud~quacy of tM wlw of tl» propary ino.taped or ro the wtvN+cy or inio~veney of uid MORTGAGOR a tM d~f~ndann. ~nd rhat ~uch
r~ms. profna. Mrcom~, iwuM ad ~w~nwt ~hall b~ ~ppl~d by wd+ R~uiv~r accordinp to ~M li~n w puiry of a~id MORTGACifE ~nd tM practia of wch
Cow/
te duy, o.o~ry .~d h,ty p..fo.~, dixM.p~. ~x~cw~. ~ff~ct, conpl~~~, comply witF~ ~nd ~bW~ by ~ and ~wry th~ sNpul~tlon~. ~W~eta.
ca+dMlar and ~ov~1~ in wid proenhaory nw~ ~nd rhu morrpp~ wt fwrh.
9. TMt In th~ wM+t tM owna~hip oi rFk mortyay~d pne,caes. w any part the.wf, b~aann vhtd in • pa+on otlw~ thN+ tM MORtOAI'.OR th~
MORTGAGEE. Iti wte~won ~nd ~uipn~, may, wirho~t oo~ic~ to th~ MORTGAOR, d~d wi~b ~uch tuccesto~ a~ucce~~or in int~rNt with n(~r~np b tha
'^aqp~ M~d t!~ d~bt haebY Hcw~d in tM ~anh m~nner q with Mwtpapor witfiout in ~ny w~y vitiatirfp ot di~cAar9inp tly Mp~1~pp~a' (i~bility Iww
~nd~r o? ~ipw~ th~ d~bt Mr~by Mcvred. No tal~ of tF» pr~mi~ htr~b~r mortpp~d ~nd no fwbear~nu on rh~ pan oi ~h~ MORTGAGEE a In wae~wn
a wlpe» u+d no ~xt~ton of tM tim~ fw rM paym~n~ of th~ d~b~ h~r~by Neund piwn by tM MOATGAGEE a ih suea~aon p asipm„ ~MII epa~f~
1O ~M~w. dwc~p~. medih or ~ff~a ~h~ aip~nal li~b~(~ty of rM AtiORTGAGOR Aurin, iitMr in wAols w M? pyt.
t0. N M~p~tNkally prNd H+at ttm~ h of th~ easence of Ma caxaact and that rw w~IvN o! ~ny oblipatipn hw~d~ ar of tM obll~~tip? N„
a,r~d lwr~bp sh~l1 n~r tien~ tfyr~ahK b~ h~ld to b~ a waiv~r of rM »rma M~wf o~ of tM Imtrumem ~ecvnd herby,
11. In ~dditlon to tM forpo:np monthly p~yments of prieK'psl ~nd Int~rt~t rpvir~d by the promipory not~ secur~d h~r~by, mortpapo? cpv~nanU
a+d +p~«s ro p.y a nw~tpp.. w;~h ~ath monthly p~rm~nt an add~~cond wm e~tim~ttd by mwtppee ro b~ pw! ro 1/12 of tM aonwl cpt of tl» fdlow-
~^D~
A-All rtd propMly t~xa bvied a~~ua~ed ap+~~st the ~bov~ d~scribed red e~ut~.
hVnmiw+» on fir~ ~nd winduwm ins~r~nc~ a~ h~~ein re~u~red to b~ c~rr~ed on the improvem~nts sitv~te on the ~bow describ~d pr~miNS,
C--Fnenivm~ on ~vth mortp~y~ qwranty insur~r~ct ~s matgsgee shali from r'me ro t7me deem fit to urry on the ban setwed F~eby.
MwtpapN sF?ill frpn firew to tim~ ratify morty~pw in writ~np of th~ amo~nt dus and pay~ble hereunder ~nd iuch ~tHn ahall thKwpon bt dw ~nd
pay~bb on tM dw d~t~ of tM n~xt monthlY p~ym~nt ~nd each successiv~ month thereafter until matq~pee ihall notify mortp~gor of • chanQ~ i~ such
~•naint. Sucfi avrm ahali b~ sppti~d by mortyayee toward rha p~yment of rsal properry ta:es, in~w~nce prcm:ums, ~nd mortD~pe pusr~nty InWrarKy
pr~rniueep.
IN WITNESS WHEREOF, th~ Nid MORTCsAGOR h~~ herwnro s~t hia hand ~nd w~l tht d~y ~nd int ~fw~s '
Sfpr»d, Swld ud ddtv~rd in tM pr•Nnu of:
~ r f U A L . E ~
- POCf ~ Itll?S ~ ~ ~
~ ~ c~='~K C~~CUIT CCURt ~ R N I A Y n
. , c PI C D ~
ounm oF ~oA S t. Lu c ~ F ~E(~s- 5 3 3 AN'~? .
b+fw~ n» p«~oo~lly ~r~d PAU L W. CaAF F N E Y ~a~~46
! RG I N! A A. raAFFNEY ht. w~fs, ro m~ vwll known .nd known a mt ro b~
M+~ 1ndNidwb dMCrfb~d 1~ ~nd who ~s~cut~d th~ fwpoirp (rutrvm~m. ~r?d scknowl~dp~d b~fon m~ tMt tFuy ~xKVhd th~ um~ fa tM p~?rposM
M+.rdn ~upu~.d. Md M,. ..td_- V I R G I N 1 A A GAF F N E Y
wlf• of .tM pFd PAU L W. GAFFN E Y ~~N~t~
•xan~in+tfon bp nw t~kNn wp~r~t~ ~nd •p~rt hom Mr ~id hwband, ~clcnowl~dp~d to ~nd b~fon rm tA~t aM ~a~cvt~d Nid Jmtrunwrtt kMl~r and volur~
rnlly ~nd wbhovt ~^p compvubn, con~rr~int. ~Fw~~ or fur of w tran hK s~id `hw¢~nd.
wITHESS my hand .nd offk~al s.al rhi=~~~ d.y of- ~r ri C~•'~ - A. D. 19~
.
No~~ry Publk In ~nd ~ tM pf F{prida N Larp~
My Comrniuion ~upirw
ct.
R~twn Ta. " ` o' i;a::3a at tar9e
f:~:t«Y = ~ ~ '
Fint F~d~ral SMnp• a twn /4wd.twn t" "c ~c~ s i3, ~9R
Of fort iG~ru. ` ~ ---.+~t
.
fort Pl~rp, florld~ _ • ~ ' ~n,~
~
. : , ~
.I. HAL ROBERTS, JR. ; ~ ~ v~`~'.'
Thi: Instrumsnt Propered By .
Fint Ped~ral Savlnps d~ loen Association = ~
of Fort Pi~ra -r ~ ~ ~ C ; y
Fo?t Pi~ra, Floride 33450 . • ~
0 R ' • ~~.1 . , . : ti'3~.~.,a
Check~d 8y ~ BGOX~ ~V ~CE ~ _ . . .~'~++~,v.
~ '