HomeMy WebLinkAbout0330 To pt~q uid cont{nuou~ly kNp on tM build~np~ now w Mr~aftM ~itwt~ or ~aid I~nd ~nd on ~II eqvipm~ni ~nd pKwn~ily cowrrd by thb nw?p~
q~, wi1A ~11 pr~miww~ dwr~on p~+d in full~ INf ~nswu~cs in Ur uswl a~ndard po1Ky form, in • awn ~ppov~d by ~M MORTGAGEE. ~nd wind~~onn
itiw~na M M~ wwi ~andad pol;qr for.~, In • ium ~ppov~d b~ ~M MORTGAGEE, b wch con~pany a canpan~„ a rM MORTGI?GEE ww~
d4~ctl and ~11 fM~ and w~ar~n inaw~nu polkKS on sny ot Nid build~np~. My IMNNt thN~1n W p,n ~h~.wi, in ~M ~.p~a ww~ ~ta~1d a
in ~xaM thw~of, ~MII oont~ ~M wwl a~ndud mor~QapN d~vw a wcA aha davs~ ~a th~ Ma~p~ may ~puw~. m~kinp rM loa ~e~dw sa~d po14
dN. MtA ~nd ~wry. pY~bl~ lo said MORiGAGEE a i1~ int~yl rrwy ~pp~a?. ud e~ch ~nd ~w~y tucA pot~cy th~ll b~ pranptly au.9n~d N+d dNiv~t~d te
aey A~Id by ~aW MOATGAGEE a fvnlw~ Ncwity to uid ma~pa~ d~bt. ~nd, nw I~u ~h~n t~n (Ib) d~y~ in ~dYanu oi IM ~xpir~tio~ of Nch pplity. to d~.
Nvw ro wfd MORTGAGEE • r~w~l tMrwf. top~?hM wid: • nc~~pt (w tM p.emiwn oi ~uch r~Mwal; ~nd ~Mr~ aMll b ~+o f~n w wind~~am in~wu+c~
piaad on w~y of wid buildieqs ~eryr in~~st N~Nn or pat tM.~of, unl~ ln t1~ fo?a? ~nd witA IFN lou p~y~bl~ q•fa~s~id: u~d In tM WMt My {WR -
~~Y b~oa+w My+bN w+dM wd+ polky o~ poficiN uid MOItT<iAGEE dull Mw tM opnon w r~c~iw a~ ~pply tM sam~ on ~cooue~ of Mw i~~d~bad-
~MN MCw~d INr~by 0~ b pMmit ~aid MORTGAGORS to reqiv~ u+d uN it p~ny pa~t thertof (ar other purpo~e~, without the~eb/ waivin~ a~mp~ir-
M+p N+r pulty, li~n or riph~ wnlN or py virtw of th;~ morrpp~; ~nd {n tM ~v~nl s~id MORTGAGORS ~MII for ~ny r~swn t~il ~o kNp ~h~ ~aid pnmis~a a
Maund, p t~fl to drlivK p~omptl~ ~e~r of ~id poliei~s of ieuur~ne~ to s~id MORTGAGEE, a fail promptfy to pay fully ~~y prsmivm tAKSfw or in ~ny
nrp~et f~H ~o pMfar~n, ~y~r, ~x~cu?~, ~ff~n, compbre, comply wi~h ~nd ~bid~ by ~hts cove~~n~, a any pu~ Mrwf, sa~d MORTGAGEE m~y plau ~~+d
WY ~ wch Inwr~nq or ~ny p~~t tMrwf wiMo~t walvinp w~ff~ctinp ~~y op~ion, Ihn, pv~ty, a ri~At urds. a by vi~tw o{ ~his Mwtp~pe. ~nd th~
fvll anawq of !Kh ~nd ~v~rr weh p~yen~nl ~MII b~ irrMn~diately dvs ~nd p~yabb ~nd sMll b~ar intM~u iran ttM ditt thsr~of umil paid N th~ ~at~ ot
nie~ pN oM~wn pn ~newm ~nd tope~h~r wi~h ~ueh i~IfNNf fI1iN Df /KYtlII by NN INII OI tlly fllplt9i~l.
1. To qrmN, conr~ a wffa no wut~. imp~irm~M or deteriw~tion of ~aid property or ~ny p~rt tMreof.
S. To p~y ~11 ~nd ~M~pul~r tM eats, eMrp~s and ~xp~nwt, intludieq a r~asaubl~ anan~y i fs~ ae~d w~r~ of ab~triets of titt~, inewnd a paid ~t
M+Y t(re~ bq s+id MORTGAGE~ b~uws w in tM ~vMt of tM f~ilw~ o~•~ p~at of tM sakJ MORiGAGOR ~o duly, promp~ly ~nd fully pKfaen, daeMrq~,
~Y~cut~, ~ff~c1. canP1~N. oanp~Y witl+ ~nd ~bid~ by tach ~nd wery ~h~ ~tipvlations. pre~m~nt~, tondlt~oM. ~r+d cow~ants of s~d promiuwy ~ot~ ~nd ~1w
^arqp~ ~r or ~i~Mr. aid u~d oo~n. durqM u+d eap~nie~. eacl+ ~nd w~ry. ~Mii b~ imnwdi~~ely dw •nd p,yb~•: wF?e~Mr w+w~ .ha~ b~ noriu d~
~nd. ~n~mpt 1o aeU~tt or wM p~ndinpi and rh~ full smoum of ~ach ~nd w~ry svch p~ym~n? ~M11 b.a. intaest from ~he dat~ fhe.eof ~nfil paid ~f the '
ran oi nin~ p~. o~nrven p.r ~nnu,,,~ and .U ~afd cosn. cMrpe~ and ~xp~nses incu~rsd or paid. ~op~ther w~~h iuch i~rKyt, aMii b~ ~ecu~~d by th~ ti~n of tha
"wrlpapw .
b. TMt in ti~e w~m of ~ny bnach of thii Mortya~~ w d~fault on tFr p~rt of ~he MORTGAGOR, w(p) in ths event.~ny of s+~d swns of nwrwy
I+NNn r~f~rr~d to b~ not promptly ud fully paid wifl~in rh~rty (30) dayt n~at ~fter the s~me s~v~rally become dw and payabl~, without dcrn~ad a notite,
w(d in fM ~wm weh ~nd ~w~y ~h~ ~tipuf~tiom, aprNeewnn, ew~Qition~ ~ed eowmnn of ~aid promiuory nob. ~nd th~~ mortpp~ My ~x ~ifl~ ar~ nol
luly. promptly and fullr p~rform~d, d;scharped, ~xecut~d. ~ffected, compl~ted, complwd with ~nd ~bided yY, then in either or any ~ucA ~wnt ~M taid p~
ptpab wen mN+tia»d in s~1d promiaory ~ot~ th~n rtmaininp ~np~id, with inttr~it acuwd, and all monty~ tttured hneby. iMll beeom~ dw and pay. ~
~bb fwthwith, w tl~witK, ~t tM option of said MORTGAGEE, W fvlly ~nd compbtely if alt of ~he said sums of money wert orgiMlly ~tipul~ted
ro b~ p~id on ~uch d~y. anylhinp in uid p.omis~ory .at~ w in 1Fw Mortya9e to th~ cwur~?y nprwithftanding; ~„d fher~~rpon a ther~ahe~ at tM op~io~ of
~id JNORTGAGfF, withovl notip a demand. wit at l~w a In ~quiryr, therefw~ a tMre~fr~r be9un. m~y be proucwed if ~tl mawy~ s~cu~~d h~reby
Md matVf~d pf~Of to iM INtitvtipl. .
7. Th~t in tM w~nt th~t ~r th~ bpinnir+p of a ~t ~ny tim~ p~ndinp any wit ~pon thi~ Mo.fgp~. o~ ro faectos~ it. a to r~fw~n k. a to ~nfaq
P~Y~~+! ~~~Y d~ims Mrew+d~r, a+d MORTGAGEf ihall apply fo t!» Covn F?~rirp jvr~sd~c~ion ther~of fo~ ~he ~ppo~ntment of ~ RKfIVN, wd~ Carrt aMll
foAhwilh appo~nt ~ t~piwr pf u1d riwtt~~p~d property ~II ~nd ~inpul~r, kxludmp ~11 ~nd iirqvl~r tM income. profits. b~ves ~nd r~wnwa lrom what~v~r
~wure~ dwhed. ~~ch ~ed ~wry of whrch, it b~u+p ~xp.„~ty und~rsiood. n Mr~by mwty~ped a if ~pac~fically ~et fo.tA and d~saib~d M~!K p.~nrinp ~nd
A+b~ndwn t1awN Fw~of, and ~uth R~uivK sMll have dl th~ bro~d ~nd effettiw funcuons snd powa~ in anyw+•. eniru~fed by a Cou.~ ro a Rectiwr, ~nd
~uch ~pPa~t~M ~ha~~ M rrMd~ by f~Kh Court q~n ~dmitttd eqvity ~nd ~ en~ttN of •bsolut~ riyAt ro uld MORTGAGEE, and withoW ref~r~r~u to ttw
~dpu~cy or Mwd~qu~cy of t!~ valw of th~ popMty monQaped w ro rhe so?v~ncy or ~nsolva+cy ot ~aid MORTGAGOR o~ tM d~f~ndu+ta, Md rFwt such
?C~~ profiM. Inoorn~. N~w~ Md rw~nws shdl b~ ~ppl~~d by ~uch R~uiwr ~ccordinp to ~M II~e or p~ity of s+id MORTGAGEE u+d ~M pr~ctip of wch
R To duh~. W~P~~Y ~nd fully pKform. ~uhupe. ~:ecut~. ~ffen, conpl~q, comply with ~nd ~bide by Nch ~nd wery tM ~tlpul~tioro. ~Dn~n~q.
eandlffon~ ~nd aarv~eM~ in ~d prombsory eat~ ~nd tha morrp~ ~~t fo.th.
9. TMt tn tl» ~wnr tts~ own~nhip d tM mortys~~d prem~us. a any psrt thereof. become~ wst~d in • perwn otMr tMn th~ MORTGAGOR, th~
MORTrsAGEE, tt~ wa.~won ~nd ~uq~a, e»~y, wirhou~ norica ro the MORTGAOR, dNl wi~h ~vch ~uccruw w succeawr in in»rNf wifh r~fer~e~cs to tha
maq~ and tiN d~W 1w~by ~Kw~d in tM tamt manner ~s with Mortpayp without in ~ny w~y vit~~tinp or d~acMrqirp th~ Mort9pa~' (isbility Fwr?
a ~P~ ~~~~bY wct+r~d. No ulr of th~ pneniw~ Mreby mortp~p~d u+d ~q forb~arana on th~ p~rt oi tM MORTGAGEE a Ih weoesfas
o~ aMtQ~y ~nd -no ~aqrrbn of th~ tinw fw tM p~yrrunt of tM d~bt Mnby s~t~r~d Qiwn by ti» N10RTGAGEE w its ~ucaa~on or i~s;pn~, ahd~ op~ru~
ro?Nw~, d'acharp~, nwdify d~anp~ a ~ff~ct rh~ wiQ~nal liabit~ty oi tM MORTGAGOR Mnin, ~itMr k? whob or k~ pan.
10. It M ~p~eifiedly prNd MN tinN H of tM es~erue of th4 eontr~ •nd that ew w~iw? oi •ny obliQation hH~undK or of tM obllp~tiw~ ~r
CLrld IIK~ ~IUII If My 1If1'1~ t~MfNNN b. hsld ro b. ~ w,ir.. of fM r.rm. her~of or of tM~ instrument aacvnd hMbp.
11. In add'nlon to tM fapo:np monthly paYm~nt~ of pri~e'p~l ~e,d l~t~n~r nquir~d by tM From~swry noe~ sea,r~d F».~bY. n+o.ry+por eown+nn
~nd pr~s to pay to monppN with ~~ch monthlY pay?n~n~ ~n ~dd,iion~l sum estim~t~d by mortype~ to b~ equal to 1/12 of 1M ~nnwl cwt of tF?~ folfow-
A-All rNl pop~rly tix~a l~r~ed a~uessed ag+~~~t thc abovt d~uribed re~l e~r~re.
S-PrMnivm~ on fw~ ~nd windttwm ieyuranu a~ h~rein requ;red to be urried on tAe improvaments situate on tM ~bovs described pr~mis~s.
C-Pr~mium~ pn wd~ morly~gt yu~~~nt~ ;nyur~r.c~ as morrgagee shafl frorn t~me ro ttme deem fit to c+rry on tM lo~n setured hereby.
Mortyp» aMtl from tim~ to tirrr notify mo.iyayor in writ~np of thf amounr dua ee+d p~y~ble Mrwnder ae+d auel+ ~um shalt tMr~upon b~ dw and
wr~bN o~ th~ dw dat~ of th~ n~,ct monthly paym~nt and e~ch successir~ momh ~here~frer un?il mortyaqee ~hall notify mortpa9w of • cMnp~ in wd~
amount. S~Kh ~urm ~hall b~ ~ppli~d by maty~y~e toward ths paym~~t of ~e~l property taxet, iniur~nce prem:ums. ~r?d mortype 9ua~anry inswurc~
p~emFuem.
tN WITNESS WHEREOF, tFN Nid MORTGAGOR h~~ herwnto s~t hu h~nd ~nd s~~I the day ~nd y~ar iint ~for~
Sfpiad, S~abd ~nd d~llwr~d tn rM pra~~+c~ of:
.f!L~~
0~
~A~MD RECOROEO L~l,~~~L•%~ e ~~e:C~.~---- ~..ry
,E~ u~ ~ - iT.LVWE C01iMTY fLA Wayn H. Gi so
f!OCER PO~TRAS n
c:~=~c::CUi=COuF~ ~ t r M Gi son ~ 0
. ~q
STATE OF fLORIDA I~ ~ 19 PN
~ st . Lu~~e ;;gg301
e.fw• m. p.non.uy •pp..?.a Wayne H. C,ibson .ne
~ Kathry~ M Gib~n h~a w~t•, ro m. w.ll known ~nd krwwn w m. ro b.
tM Indlvtdwb dwc?ib~d in u+d who ~x~cw~d tF~ forpanp kutrw?Mnt, ~nd ~cknawl~dp~d to~for~ m~ thaf tMy uc~cv»d tM sarn~ fw tM pwpo~
+~+...M,.xp,.~wd, And,n. Kath?yn '~t. (;ibson
wH. d d,. s.M H'aYt?e }I. Gibsott wp~ • Nw?.t..nd p.lvab
•x~n~M~tfon bp n» pk~n ~ep~r~N ~nd ~part frwn Mr uW huib~nd. ~dcrawldp~d to ~nd b~fon n» that sM ~x~eutd aid MatrwnMt ir~Ny and vol~+e~
tuilr ~nd withovt ~ny tompvbion, tvrutnint, ~ppr~lwnaion~or f~u of a f?an hN s~id hwb~nd.
WRHESS ee?y h~nd .nd offkt•I ...I rl+t~ d,y Dec emb _ r A. 0. 19_~
' ~
` Noary P k in fw th~ St~» of Flafd~ ~t lwp~
MY iwion ~xpir~
~t.n,r~ to: «~ta~r P~.r' State of Flor'+da at Luge
flnt i~d~rd Swtnp~ ~ to~n I1~acl~tan ~ Cc~s!:c;ion Eapices i~ 22. 1981
~f fWt Pi~?c~. k: :ad Dy Acsr~s f~~ 8 Gtwh CopM
fort Pf~~a, fbrfda `
1`~
~ -
. .
This Instrument Preps~ed By J. ka 1 Pobert s, .Ir . •
Firit F~d~rat Savirps b toen A:sociatiort :f~~~-''
of Fort Pf~ra , 1 . .
Fort Piera, Ftonde 33450 ~
• t, . - ~
~ _ ,
- • -
Check~d By _ ' Y
D R ~ ~ _ , ~ Y'L . ~
o ~ . !
80~K . ~ .
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