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HomeMy WebLinkAbout0406 r . . ~ . To pl~n ~ed cominuoutly ke~ on th~ bu~'d~~p~ oow a h~rs~ftN ~~ruu~ o+~ ~~~d I~r,d ~.,d on ~11 eqv~pm~M ~nd pe.wn~lly co~~red by ~hi~ mor~ p~. wirh aU pr~miwns 1Mr~on p~~d ia fvll, fi~~ in~„noc• in tM u~wl ~t~rd~~d po~~cy fo~m, in •~um ~E.pro+td by ~M.MORTGAGEE, •nd wu+d~~a~n ierwMC~ In tM wwl ~undard pol~cy iam~, in • ~um ~ppro~~d by ?M MORTGAGEE, in wcA comp~ny or comp~n~~a u tM MORTGAGEE w?~y rir~ctt N+d ~II ik~ ~nd wie?d~lorm inw~~r+t~ pot~ci~~ on ~ny of s~id bvildinp~, iny iMp~~t tl?~~~in or pat Ih~r~of, ie+ ~I» ~pp~p~+e ~uen ~fw~aid a N ~xow ~hp~o}. slwll con~~in ti» uswl z~andard mw~papN c1~uN w~ucA o~Fw~ davN a rM Mo.~q~p~e may ~~qu;n. en~Amq rM :ou v~+d« ~ad po1E dM, Nch ~nd ~wry. p~Y~bl~ b Nid MORTGAGEE u~ Im~r~~t m~Y ~ppw. ~nd ~ach u~d w~ry wch po~~cy shall b~ p.ompily au qr+td am! d~Gv~r~d ~o +enr MW by wid MORTGAGEE a fwtMr ~ttvrity to uid nwrtpa~ d~br, ~nd, not Nu ~Fun r~n (10) dey~ in ~d~~nc~ o( ~l+~ •xp~~~f~on of ~ach policy, a dr Iiw. ro s+id MORTGAGEE • r~.xwal tMr~of. toq~~M. wiih • r~csipt fw tM pr~mium of •uch r~n~w~l; and ~h~r~ ~MII b~ no f~r~ a winduwn? Inwr~nu • pl~ad on N~y ef NW buildinp~, ~ny imae~t tha~~~ o~ p~rt fhtr~o/. unl~u in tf» forn~ ~nd wi~h ~M loas p~y~ble a(a~uid: ~~d In ~M •V~f11 ~flY ~LT ef ~wery b~ca++N p~y~b1~ ~ndM suiA policy a po1K~N Nid MORTGAGEE aMll 1uw ~M optwn ro r~c~iv~ ~nd ~pply th~ wn~w on ~ccoun~ d rM ind~bt~d~ MM Ncw~d Mr~by w 1o p~rmit u~d AAORTGAGORS ro rec~iw •nd uw it p•ny pen thercof fo. orhe~ pu~pose~. .w ~hout the.ee~ wa~vi~~y o~ u++pain M+p any pvlty, li~n a ripht ur~r w by virrw of thit mortp~p~; ~nd in th~ ~vtn~ w;d MORiGAGORS ~hi!1 fa ~ny reawn i~il to ke~p tM a~~d prtmise~ w M~wnd, a/~if b d~livN prompNy ~ny of uid polKie~ of in~ur~nc~ fo ~a1d MORTGAGfE. or faii promplly ~o pay iu~ly +ny prem~um ~herefw or in a~y nspM fNl b pafpm, diftl+~r~, ~:~cvi~, ~fIM, comp'.~t~, comply w~~A ~nd •bid~ by rh~~ cov~nsnt, or +ny psrt harwi, ?~~d MORTGAGEE m~y pl~t~ •nc p~Y for t~th Mwr~nt~ q My part tMr~of wit!?ou~ w~iviny a•tt~ctinp ~ny option. lien. ~qu~ry, a riyM u~d~. w bv virtw of thi~ Ma~p+ye. ~nd ~he fvll anouM of ~ch u+d w~ry such payment ~hal! b~ ~mmedi~f~ly dw and payabl~ ~nd tl,all bea~ ?nter~st from tM d~t~ tMreo( vntil pa~d ~t ~he rat~ of nin~ pM pntun? pM anewm ~nd tog~rher w~~h ~uch inre.~sr sh~ti be s~cur~d by ~M lien of thb mweqa~. 1. To p~rmit, tanmlt or ~utf~r no wute, impairment or dtterar~tion of s~id prop~rty a any pan thereof. S. To p~y all ~nd s{npvlM ~Fr coits, cMrpe~ ~nd exp~nus, includiry a rea~onable •nwney's fee and costs of abstr~ctt oi titte, incun~d w paid at ~ny tinw by uid MORTGAGEE, b~t~u~ w in th~ ~r~nf of tM t~ilur~ on tM pan ol th~ i~id MORiGAGOR to duly, promptly ~nd fully perfam, d~scAary~. ~~~cv~~, sff~ct. wmplet~. oomply with ~nd ~b~de by ~~ch ~nd ev~?y tl,~ ~tipul~taru, apreemsnu. cond~nona. ~~d cov~naro~ ol u~d p.om;seay not~ N+d ~hi~ n+w~pap~ ar?y a~ ~itMr. and s~id coats, chary~s ~nd ~,epenses. ~~ch •nd ~v~ry. ~Mtl b~ immedl~tsly du~ and pay~61~: whether w not fAer~ b~ ~o~ic~ d~ nw~d, ~tt~mp b eollKt o? wlf p~ndinpt ~nd tlw }vlt ~mwint of e~th and ~wry wcA paym~nt sna!1 beir interest from ~he dete tMreof un~il p~id ~t the r~h of I11M PN C~f1tYR1 ~f ~M~YT) and ~II ~~id costs, ch~rges and expauet ~~+curred a pa~d, ~ogether w~th such im~r~st, ~l+~11 bt secu~ed by tM li~n of thi~ 6. Tl+~t in tM ~wnt of ~ny b~sch of th~~ Mortppe w d~fau~t on ttr pan of ihe MORTGAGQR, or (b) in ~he evem any of u~d ~um~ of money Mrtin r~fNnd ro b~ not promptly and (ully paid within th~;ty l30) d~ys nea+ af~er tne same severa~ly become due and pay~bte. wi~hou~ d~mand w notice. w(c) In tM ~vem ~ad~ ~nd ~wry ~h~ nipul~Ho~u, ~grNr.~~rs, ton~itioni and cor~nants of u:d promiiw~y nofe •nd ~A~s rrwrtppe any a~~~h~r a~ ~a lufy. promprly and fully pNfo~m~d, d~scMrped. fiKutld. •ffected. completed. compl~td w+rh •nd •b~ded 5y. tF?en in e~+her or •ny ~uch ~v~nt th~ s~~d ~ Orpat~ wm m~ntior~d in s~id promitwry ewq tMn remaininy unpaid. with int~nst accrued, and alt moneys setured hereby. tMll becort~s dv~ ~nd p~y- ~bN forthwith, p thK~~fMr, ~t 1F» option of siid 1NORTGAGFE, fully •nd comple~~ly if ~II of fhe u~d s~ms of money we~~ wqinally stipui~~ed ro b~ paid on ~ud+ day. Mythiny in ~e+d promis~ay nor~ w in ~his Mortp~9e to tM convary notw~~hsundSny; and thcrwpon a thereaher a~ tM opuon of wid MORTGAGEE, without notic~ w demand, wit at law or in pu~ty, therefa~ w th~re~fter- beyun, may be proucuted ~s if all ma»ys a~cw~d Mr~by !ud m~hN~d pWr to i» IMtitution. 7. That in tM w~nt that ~t tM b~yinntnp of w H~ny tirrw pendin9 •ny wGt upon +6h Mwtg~ge, or to faecbs~,~lt, o? to refam it, o~ to ~nfwc~ p~ynweM of ~ny daiem Aawad~r, uid MORTGAGEE ~hall apply to the Coun Mv~np jwnd~ctlon thereof fw the ~ppo~otm~nl of ~ RKlivll, tuch Court shall Forthwfll~ ~ppoinf • naiv~r of ~ald mort9~p~d p~op~rty •II ~nd sinputu, includ~np •II •nd ungu~ar th~ income. P*oF~ti. issues and r~vMUes from wh~~~ver wwu d~riv~d, Nch ~nd ~v~ry of whKh, it beinp txpreuly und~r~~ood, is h~r~by mw~g~ged if'ap~ui,c~lly ~et fath and deurib~d in tht y.~nrinp ~e+d lub~nd~m d~vsN Mr~of, N+d ~vch Rec~irN sMtl Mv~ all th~ b.wd •nd ~ffa~~v~ funcnon~ and powers in +~ywi:~ entrusfed by ~ Court to • Recsir~r, ~nd wch appointnNnt aMll b~ mad~ by wch Court a~ ~n ~dmi?ted cq~ity ~nd • rr+nt~? of ~bsolure ~ight to uid MORTGAGEE, and w~~hout refer~nc~ ro tM ~dpuacy or inad~qwcy of tM v~lw of tM p?opaty mortpayed or to t!?~ ~otv~ncy w inso~v~ncy of s~id MORiGAGOR a tM d~f~nd~nt~, ~nd tMt iucA r~M~, profi», fnoon», iuw~ and rw~nws tM11 b~ ~ppfied by asxh Rtc~iv~r ~ccwdinp to tM li~n or pvity ot uid MORTGAGEE u~d tM prMiu o( ~vch Cow1. To duly, panptly ~nd fully pMiwm, dixharp~. ex~cut~. ~ffect. cornpl~r~, comply wirh and abid~ ~by each ~nd ev~ry flw itipvlations, ~pr~ta, aa+dittar and cov~m~ in sud pomiuory rat~ and ~h~• mwtpy~ i~t fo~th. 9. TMt In tM weM tf» owntrship of ti+~ mortgaq~d premi~es, a•ny part thereof, becomes veated in • perwn other th~n th~ MORTGAGOR, tM j MORTGAGEE, ks ~ucc~uors and ~uipm, may, wirhout nouce to tl+e MORTGAOR, d~al w~th such successw w iuccci~a in ~nt~re~t with r~fe~~nc~ to this mortpp~ Md tM d~bt hN~by s~tur~d in fh~ ~arn~ m~nn~t a~ with Nbrrp~yor without in •ny way vifi~tin~ o! diseAargieg tM Mwtpayors' li~bilify htr? ur+dM or upon tM d~bt AK~by wtvred. Ne al~ of tbe p~em~~t her~by morty~Q~d ~nd no forbeannc~ on tht p~rt o! ~M MORTGAGEE or Iri ~ucce~wn ot awlpM and no ~xqnslon of tM tim~ iw tM payment of th~ d~bt h~rtby ~~tund 9iven by tM MOitTGAGEE w ib ~utq~wn w~uipn~, ~hall opa~t~ b tM~aw, datMrp~, modify chanp~ or aff~ct th~ orip~nsl liab~liry of ~iN MORTGAGOR Mnin, ~ithtr in who1~ a in p~rt. 10. It b~p~dfkally pr~ed tMt tlm~ is of r1+~ esa~r+ce of thi~ rnr?tnct ~nd that no w~iwr of ~ny obliyation F»rwnd~+ w of tM obllp~tion ~r cur~d hM~by ~MII ~t ~ny tM+~ ther~~h~r b~ held to b~ a waiv~r oi th~ t~rms hcnof or of the Instrument Hcur~d herby. I1. In ~dd~tion to tM fwpo:np mor.thfy paymenn of princ'p~l ~nd intere~t r~quir~d by the prom~awry note secwed h~rsby, mortpapw cov~n~nh i ~nd prNS fo pay to mwtppN wifh ~ach monthty psyment ~n ~dd~r~on~l ~um ettimated by mwtflsgee to be equ~l to 1/12 of ths ~nnu~l cat of tM fdlow- ~ Inp: ~ A-All ~NI prop~rty ux~s (~v~ed or afiessed aga~~st ~he sb~w descr~6ed resl euare. i ; e-Pr~miums on fir~ ~nd wiRdNOrm ~nsur~r,ce as h~re;n requ;rcd to be carried en the =mprovemene~ s~tuate on the ~bove desc.~bcd premises. j C-Pnmiums on ~uch morty~9~ ywnnty insw~?c~ as mortgaaee shalt from rme ro rime deem fit to ca~ry on the b~n secv~ed FKreby. ~ MwtppN ~hall from tlrtw to tirru notify mortflagor i~ writ~ng of th~ ~mount due and psy~ble hereunder end such aum shsll therwpon bs du~ ~nd ~ pay~bb on th~ dw d~q of th~ r?~at mo~thly p~yment •nd each •ucces~ive montfi rhereefter until mo~ty~flee ~hall not~fy mo~tgago~ chany~ in tuch ~ smouM. Such ~vrm sFull b~ applied by rtw~ryayee tow~rd the payment of real p~operty taaes, insurance prem:um~, and maitg~~ gueranty insw~nu , pr~mfwM. } IN WITNESS WMEREOF, th~ }sid MORTGAGOR h~~ herwnto s~t his hand ~nd ~~~I tiu day ~nd y~~ fir w~ . z Slprnd, Sas1~d, and d~llv~r " In tM pr~Hnc~ of: j i ~ ' ~ q ; ,~,.~c,ti,, . O S . L , s L -~`.~ys ~ ''-L c~-2 ~ ~i _Z.[' ] ~ ~ e osA 1 DA ~"n - K--n STATE OF fIORIDA ~ LUCIE ~ ` couNrY oF ST • ~ e.t«• m. p.n«,•~ly .pp....d JOSE M. FLORES ` RO S A L 1 N DA FLO R E S his wife, to rrw w~ll known and knowe 1o m~ ro b~ F M» IndYvldwl~ dNaib~d In ~nd who ~x~tutd th~ forpo~np (nitrurr»nt, ~nd ~cknowledp~d b~for~ rne tMt th~y ~x~cut~d tM wrr~ for tM pwpwN - H,.ntn ~~cpr~d. Md rM sa~ ROSAL I NDA FLORES { .~ie~d ~ wId JOSE M. FLORES ~ ~ ~ by rr» tafun ~ep~nt~ ~nd ~part from Mr ~~id huaband: ~clcnowl~dp~d ro•nd b~fw~ m~ that aM eaKVt~d uid inatrument h~ely ~nd volwr t~rily ~nd withwrt aery eampubbe+, eonstraint, ~ppr~Mru~on, or f~u of or from Mr ~aid hu~b~nd. _ WITNESS my h~nd .nd offkt•1 sNl rhi• d.y ~ JANUARY ~ p. 19 ]8 ; `,C' J Not~ry Publk in for Sta» of fbrida at L~rQ~ My Commiuion ~u ~ R~v+n To: ~~otery Fu~ic, St~lc o1 ~i~i:a at la:qe 3 flnf F~d 5~vlrq~ i loan Aawclat~on f.i~ C~nr; ~t~•_u :`.,,;:~c: !~iy 22. 1981 Of fon ?;~rc~. ; E~:.:.a t~ r~..... s., e c„_... :..:.Pw Fort Pi~rp. Flortda ' ~ ~ • - Thit Insfrumsnt Prepared By .1. HAL ROBERTS, JR. ' , Flrit Fedtrel Savinqt b Losn Associstion ?~[D 4M0 R ~ of Fort Pieru t~. IUC~E C~~N~Y ~~it _ ~i - ~ FoK Pisra, Ftorida 33450 RO~FR GOITRAS - ' ~ r~ --r i:~^:.UIT C"liR' ~ . ~ Ch~ck~d By ~ ~ ~ ~ : - . .IAy IO 48 ~H ~~F . ~i L~;~~~~ ~ ~ v'slGf. ~