HomeMy WebLinkAbout0725 To pl~n a+d continuou~lY ke~P c^ ri» b~+~td~n~a now a her~~hM Ntu~N or i~id I~nd ~nd on ~II equipmen~ ~nd perwn~lly cov~r~d by ~hii .nwp~
p~, witA ~11 pr«niwn~ tF~~a+ pa~d ie fvl(, fh~ insur~nc~ in ~Ae uawl stwdud polky tw~n, in • wm approwd by tM MORIGAGEE. •~+d windstorm
imw~ M ~M uswl st~rd po~KY ~a~n. M~ w~n ~ppror~d by ~M MORTGAGfE. in wc~ canpu+y w comp~n~e~ w tM MORTGAGEE rrwy
dr~ctt ~nd ~U (Y~ and windawnn inwrana poliues on ~ny of said b~i~d~nq4 +~Y i~+hrN~ tha~in w pan ~hKwf. in tM ~pq~p~a wm ~for~id w
In ~xaa ~Mr~of. ahdl contw+ tM wwl qand~rd +no.~p+pN daw~ w wcl+ aMr claw~ a tM Mor~~pN m~~ .puK~. n»tinp rM Iou undK a~~d pdF
dN. ~ad~ ~nd wKY. WYab~ W wid MORiGAGEE ~s in inqreq may appw?. ~~d ~ach ~nd ~wry ~uch policy aA~ll b~ promptly ~u•yned ~~d d~livaed to
~ny Mld by Nid MORiGAGEE a fw~Mr ~cwitr to s~id n+«tpap~ d~b~. +~d. not 1~ ~h~n ~N+ UO) days in .d~anc~ oi ~M •api,~tion of ~ach policy. ro d~- i
IivM ro wid MORTGAGEE • ra+~wal ~lKrwl, ~oq~tMr w~th • r~~pt fot tM pe~niwn of ~uch ~~e+ewd; ~nd ~h~r~ ~hall b~ no fi?~ w winds~o.m iiuut~nci.
plK~d pn ~ny of wid buildinps, ~ny intNM tMr~in w pwt tMrwf. unl~s~ in tM torm ~nd with tM lou paY+bl~ •fo~taaid: ~nd i~ tM ~wnf any sun+ '
pf nq~y ~pey~ p~y~pl~ u~d~r such pol;cy w polKi~s ~aid MORTGAGEE ~atl Mw tM option ro r~uiv~ ~nd ~pply th~ t~m~ on +ccouM of ~M ind~bt~
tMas Ncw~d Mr~by a b p~rs?it ~aid MORTGAGORS ~o reuivt a+d uw tt or •ny p~.t fhercol fa o~he~ pu~poi~+, v~r~~?,w+t ~hereb~ waivin9 0~ ~mpair-
Mp ~nY puity, li~n a riph~ ue~d~ a by virtw of tAis mwsp+p~j a+d in tM ~w++~ w~d MORiGAGORS iMll fw ~ny ~~awn fail to kt~p th~ a~d pr~rniHS w
Mwrd, a iail w d~tiva p~omptiy ~ny of Mid PO~Kilf of inwr~nc~ b sa~d MORTGAGEE, a fa~I promprly to pay fu11y •ny p.~m~um tM~~for a In ~ny
r~sp~ct fail b p~rfom~, d'aclwp~. ~x~cv?~, ~ifM, canpl~t~, comp~y wirh and ~Qi3~ ~y th~s tova+ant, w~ny p+r~ Mr~of, sa~d MORTGAGEE m~y p1~c~ and
p~Y fw such Inwru~c~ w s~y p~N 1M~eof withouf w+ivirq a~ffactinp anY oprion, I:en. pviry, w ri9M under or by virtue ot ~6i~ Mo~fqay~. ~nd the
full ~reawu of ~acA and ~vMy ~uch p~yen~m sh+ll be ~mn»d'utdy dw a+d p~y~bi~ ~nd sA+tl bNr intKest fr«n tM d~t~ tMrsof un~il p~id tM ra1~ of
nirn pK tsnfvan pK u+num ~nd fo~tAtr with such i~tsr~st shali b~ Ncured by tM lien ol tAis mwf9+~.
1. To p~?miL oomenit or wff~r no wast~, impa'ument or dete+iora~ion of said prop~rty or any part ther~of.
S. To p~y all ~+d wp~l~r tFN costs, cMrga and ~xpaues: ~ndud:ry + re~~a++bl~ ~+fwney's fes ~nd co~h of ~b~trads of titts, inc~rr~d a paid at
~ny tim~ by ~aid MORiGAGEE, b~c.~u~ a ir+ tM event of rM failw~ on th~ put of iM said NIORTGAGOR ?o duly, promptly •nd fuil~ p..fwm, d~.cMrg•.
~a~aM. ~ffM, canpl~t~. oomp~Y witl? and ~b;de by e~cA ~nd wery rl+~ i~ipul~t~oru, ~preemN+n. condifiar. ~nd cown~n~t of s~~d promiswry noN ~nd th;i
m~p~p~ ~^Y or ~ithM. a+d said costs. cAarqe~ ~nd e:penset. eacl? ~nd ewry. ~MII b~ ~mmedi~tsly due +nd pay~blr, whetMr a not ?Mr• b~ notic~ de-
m~nd, ~ttempt ro co11M pr wit p~ndinyp and tM full ~mouM of ~ach and erMr wch paymMt ahall be~• intere~t from the date tMreot v~til paid at the
raN of nin~ p~r untum pM aroium: ~nd ~II said cosn. charges and eYpenses incvrred w paid. tog~~he~ w~rh such int~~~~t, iMll b~ xcund by tM lie~ of thi~
mortOp~•
6. Th~t (a) in tM event of ~ny b.~ach of tl,~s Nwrpsge w def~utt on t1u part of the MORTGRGOR, or (b) in the event ~ny of s~~d ~um~ of money
hK~in nfar~d ro b~ not promp~ly ~nd fulty paid wi~hin rh~rty (30) d~ys neat afrN the s~~ne severatly become dut end payable, wifhou~ d~mand w notice,
or (c) M tM wem each and twry tl+~ stip~lnions, apr~a+wnn. ca+~rions and coven~nh of ia~d promiuory note and M~~ morrppe +ny a ~ithe. an nw
luly, promptly ~nd fully pKfwm~d. d~scharped. ~aecuted, tffected. compkr~d. compl[ed wiih and sb~ded 5y. ~hen in e~~her or •ny iucA w~m th~ ~a~d ag
prp~N sum mentan~d in s~~d p~onisswY note thee r~mainiry ~np~id. witA int~reat uuwd, w+d ~II moneys secu~ed hersby. sMtl b~cwn~ dw ~nd pay-
~bl~ fpthwith, OI fFMfNftN. N~fit option of s~id MORTGAGEE, as fully ~nd cwepl~tely u if •11 of ~h~ ~aid surru of money wen aiyina~ly sNpvl~ted
to b~ p~;d un ~uch day. anythirg in ~a+d p?om~~sory nots a in this Allortpa~e to tM contrary notwithstand~ny; +nd thereupon w there~her tM opl~w+ of
~aid lNORTGAGEE, without norin w d~m~nd, suit law w i~ puity, rherefon p th~re~frer beyun, may be prwecutcd if dl morNy~ wcv~~d hKeby
IMd rMfW~d p~qr to iri imtitutioA. .
7. TMt in th~ w~m th~t ~t tl+~ beginntn9 of or a~ ~ny t:n~ pend~nq ~nY wit upon ~hi~ Mo.tyys, w to foreclos~ tt, a to nfo~m it, or to enfwq
piyenem of ~ny dairm Mrwnd~r, s~id MORTGAGEE sMlt applY to tht Couh Mvirg jvnsd~c?ioe+ thereof fw th~ ~ppo~ntment of ~ Rec~iver, wch Court shall
ForthwMh ~ppoint ~ npivp of wid inwtp+q~d properhr dl ~nd sirgvl~r, includ~nQ all •nd ~iryul~r tl+~ incom~. profi». i~tws and nv~nws irom wFutsv~~
wvrp d~riwd. ~ach uid w~ry of wh~ch, it bcinp ~xpre~sly undsrarood. is h.r•br nwr~g.ged n if ~pec~iR~lly wt fw~h and d~wiE~d M tM yiantinp and
hab~nelum cbuws Mr~Of, ~nd ~uch R~c~iv~? sMll Mve •11 the b~oad ~nd effectiw funct~ons and powers in ~nywise ~ntruffed by ~ Court to a Rec~iva, ~m!
~~ch ~ppolntnrM slu11 be mad~ by wth Court a~n ~dmitted eqvity and a rtittt~ of absolut~ ri~M ro wid MORTGAGEE, Md wit?aut ~dtr~nt~ to tM
~dp~~cy a M~d~quacy of tM vslw of the propMty mo~tpyed o~ ro ti~e w:vaxy a~nwlvency of ~aid MORTGAGOR a tM d~f~nd~n», snd that svch
r~ms, profib, fnconw, bsuN ~nd rw~nws ~luil b~ ~ppl;ed by sud+ R~c~iwr accordinp to tM If~n w pvity of uid MORTGACsEE uid tM p~~ctia o( wcA
Cowf.
S. io duly. promptly ~nd f~lly ppform. ~iscF+~rq~. execut~, effect. compltta, comply wifF? ~nd ~bid~ by NcA ~nd ~wrY tM ~Hpulations, ~ynem~nts,
cp~ditioM ~nd ~covsn~nl~ in sa~d promissory not~ ar~d th~~ mwTgsg~ set fwth_
9. That In tM wem tM ownenhip of the mon9s9ad prem~ses, w~ny p~n thereof. b~come~ v~thd In ~ p~rwn otMr tMn tM MORTGAGOR, tM ~
NIORTGAGEE, I» tucc~uors ~r+d ~aipna, nnay, w~rhou~ nor,ce to the MORTGAOR, de~l with ~uch tucceuor a succe~wr in int~?N1 with ~~f~r~no~ to thu
, monp~ and tM d~M Mreby ucwtd in the sama m+~ner s~ with Mo~tpapor witfiout (n ~ny w~y vitiatlnp a d~uM.9irp tM Mortppon' li~bility h~r~-
ur~ or upon tM d~br h~reby sacwed. No sa~e of ine Frcm~ses l+ereby mort9+p~d ~nd no forbearantt on tM p~h of tM MORTGAGEE a H~ sucauw~
o. auiyns ~nd ra ~xr~nston of ~M tim~ fw r!» p~ymenf oi rh~ d~b~ h..eb~r s~cur~d yiven by ~M MORTGI?GEE or ih s~rtawon w a~pm, ~MII op~rae~
lo nbaN, di~ch~rp~, modify cha~ a affect the wi~~M1 liab;tity of ~h~ MORTGAGOR Mrei~, ~itMr in wlwl~ or M put•
- 10. It k rp~c~flulty ~g.eed that time N of the esae~ce of this coMr~cr ~nd fhat no w~lwr oi ~ny obliy~tion MrwndK w of tM oblipatfon ~e-
cyr~d Mr~by ~11 ~t any tlm~ rhereah~r b~ held to bs • wa~~er of tM tenna herwf or of th~ In~trum~m wcw~d htrby.
11. ~n ~dd~tion to ths forpo:ng monthly payment• of princ'p~l ~nd inr~re~t requ~r~d by tM p.om~uory not~ secur~d Mr~by, mort9por covsn~nh
~nd preta to pay to morty~yee vvith tach mw+thfy payr..e~t an add~r~onal ium cst~m~ted by mortQpee to be equ~l fo 1/12 of ths annua) twt of tM follow-
inp: . -
f A-All red prop~rty t~xes lev~ed o. a~usud aga~~u fhc above dex~~bed ro~l esr~te.
j 8-Pnmiums o~ fin ~nd windatorm ~nsura~cc aa herc:n .equ;.ed to be urr~ed on the imp~o~em~nts s+twte on the ~bove desa~bed pr~mises.
~ C-P~emium~ on such matg~gs quaranty ~ns~:a~,ce as mor!gagee shatf 4ro~+ t n+e to t~me deem fit to c~:ry o~ the loan ietured hereby.
~ .
~f JNottq~p~e sh~tl from time to time no+~fy rnorrg~gor in wr:t~ny of thc a~rou~t due and psy~bie Mreundrr end such sum ahall tMrwpon bs dw •nd
~ pay~bl~ on tM due dat~ of th~ ne:t monthly paymcnr and each s~ccess~~~ Tonth rhereafte. urt11 mortpagee sh~ll not~fy mortgsgor of a chanpe in such
•mount. Such sum~ ahall b~ •pplied by mwtyspee towa~d thc payrn~nt of real property ta:es, insur~nca prem;ums, snd mortg~pe yuara~ty inauru~t~
s pr~rt+ivmf. `
~ IN WITNESS WHEREOf, tM ~aid MORTGAGOR has hereunto set his Fund ~nd wal the dsy ~nd y~~r fint ~fw~said. _
: ' • ~ '
~ SlpeNd, S~abd and d~llwr~d In th~ pr~ne~ of: ~ l
~ ~ ~ RECOROf C i~ ' (Su4
i - ~~E ~IIT1f F~~ ~+landa Lee, a si.ng~e a~ul~~~
~ ~OCER POti~A~S n
5 . c"f~K ~~~.f E~ ~CU...~-+-
; ' E n
5 Q .
~ 51ATE OF FLORIDA ~ ~~aH' ~ 3 ,,8 PN ~~'j ,
~ COUNTY OF St. T,UCl @• J~~
6~for~ rrN pKwnally ~pp~~r~d ~~i~a :.ee, 3 S111~i? ad~12t ~
~ Bii~:JFii~ to m~ w~ll known ~nd known to me to bs
~ fM Indtvldwl/ dNerib~d In ~nd who ~a~wt~d tM fwpanp instrument, rd ~dcnowledp~d bsfor~ m~ tFwtyt:sr ~z~cvt~d th~ s~m~ fo~ tM purpww .
; tMr~ln ~xpr~d. A~fiCIOmC
~ ~
a
~ ~ NESS n+y f?~nd ~nd offkiet s~+l thk / O d~y cf . A. D. 19 7~
~
~ Not~ry Pu..~ic In ~nd iw tM St~t~ af florid~, l~tp~
' My Commiuion ~~cpirp: / ~ - 3 ~p
R~tum Ta.
Flrat F~d~rd Savlrp~ i low+ Aawrat~on
01 Po.t v;.rc..
Fott Plerp. Fbrida .
_'3
This Instrumsnt Prepared ~y : oindexter r, s.°- - _ - . - v
Firat Fed~ral Savtn9s 6 loan Association ' ' - - ~ '
of Fort Pisru C:; . . - - _ - . . ; ~ ~ Z1 ~
Fort Pieru, Floride 33450 i": . .s. _ c~_.i,..
` Checked BY . . ; ~ - ~ R
y . ~ ~GO~c~~ Y~t~F ~
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