HomeMy WebLinkAbout0304 S. TO plan w~d tonHnuously tNp on ~h~ buitd~np~ now w I+H~~ftM utu~t~ or i~~d lu~d ~nd on ~II equiprn~nf ~nd p~rsonatly cov~r~d by this nar~~
p~ wirA di p~iwnr Mer~on p~~d in full, fn~ insu~~nc~ in ~M wwl ~unda~d polity fan+, ie • wm ~pprowd by ~ht MORiGAGEE. ~nd wind~twn+ .
M~ww~a M tM uwd N~ndad pd~clr fa~, in • w+n ~pprov~d by thi MORTGAGEE. in wcl+ ao~*p+ny a compan~~s a tM NWRTGAGEE ~e?~r
rindi ~nd atl fk~ ~nd w~~om~ kuwu~p POIiCN~ on ~e?y of N~d buiid=np~, ~ny imK~st rM.~in a p~~ ~h~.~of, in fM pprep~~~ w~n ~fa~wid or
N~uw Hwno1. ~MII oomaln ~M wwl u.~dad ~narppN clwN o~ wch wMr cl~w~ p th~ Nbr~ppM m~~ rpuu~. eewkin0 IM ba~ undM u~d poli~
~ qM. Mch r+d w~y. p~raW~ q w1d MORTGAGEE ~s in in?«s~t ~y ~pp~~r. •nd •.cti .nd .w.y •uch po~~cy •MU b. p~a~+p~~r ++•.y^.d .nd d.i~v~..e! ~o
~ hdd bp Nid MpRTGAGfE a fwtfw~ t~cwity to aid monpp~ d~b~. ~nd, na I~s~ +Iwn ~~n t10) d~y~ in ~d~anc~ ol tM ~xpir~tion Of ~~Ch polity. ~o dr
NrM b Nid MORTGAGEE • rMew~l Ihe~wf, ~op~~hM wirh ~ r~c~~p~ fa ~M p~aniwn of ~~ci~ r~ewwalr and ~h~r~ ~hall b~ ra fi~~ a winduarn IMw~na
Obad on «ry d aid bvilfiinp~, «+p MtNNt tMr~in w pwt tM~~of, unl~w in ~Iw fwn~ ~e+d witA tM lou parabt~ a~ ~fa~s~id~ ~nd in tM ~v~M ~~y ~wn
~.f e~anr b~oon~ ar.bl. wdw wd~ pakr w po~Kj.s s.~d MORTGnGEE •MU Mv. rM op~~a+ a r~c~~w Md ~ppb tM on ~ccow~~ of tM lnd~bted-
n~ Ncw~d Iw~b~r ar a pNmi~ NW AIIORTGAGORS to reuiw ~nd uN N a•ny pu~ ~her~of lor o+her pwpos~~, wuhou> >~+e~~b,r w•~vinq w~mpair- .
I~q ~ny pviry, Ihn ot ripAl w'~ p by virtw of t!w motlpp~~ ~nd in tM ~vte~~ siid MORTGAGORS thall fa u+y r~wn i~il to kNp tM u~d pr«niset w. -
Yru?.d, o. i•tl a d.Gwr promplly ~ny of uid polici~s of ins~r~nc~ w said MORTGAGEE. o~ fail pa++ptly to pay iully ~ny pr~mium tMr~}o~ a In ~~y •
r«p~tf f~li w pK}orm, d'achu~. ~x~cut~. ~ff~ct, canpl~N. comply witA and ~bid~ by th~~ cov~nam, a~ny par~ h~r~of, sa~d MORTGAGEE ~y plan +~+d
p~y for sueh Inwrane~ p M~y paA Mwnoi withouf walvinp w~ffMMp ~ny option, lisn. puity, o~ ripht unda w by vi?tw of thi~ Ma~p+p~, ~e~d tht
ivll ano~M of Nch ~nd wMy wd? p~ym~~t ~hall b~ i+nrMdia~ly dw ~nd p~yabb and ~hall !»ar G+ter~s~ from ~M d~t~ Msnat uroil paid N~M ran oi
nin~ pN c~wn pa aerwm u+d ~op~~lwr wiM wch inrerNt aMll b~ acund by tM lien of thh monpw~-
To p~rmN. aonmdr a wffM no wast~, knpa'um~nt or d~t~rioation oF ~sid pop~.ty a~ny put ~h~nof.
S. io p~y ~11 and ~Mp~rl~t tM cwts. cMryh ~nd ~ap~ns~s, includinp ~ r~aw~abh at~orney's fe~ and cose~ of abftr~ctt of tifN, incu~~ed w paid
w~? tYn~ by wid MORTGJIGEE, brc~vN a in tM ~v~nt of tM failw~ on ~M p~r! of tM i~id MORTGAGOR w duly. promptly uid fv11y pKfam, d'ncMr~
uc~pM, ~ihet. oaepbt~. aw~lp w~tb ~nd ~b~ by ~~ch snd ~very tM uipulata.a, pre~m~nrs, condir~om, .nd mverunn ot said p~an~uory noq and ~hu
~o~p ~ny a~itM~. ~nd ~aid coata. cMrpN ~nd ~Kp~n+e~. ~ach ~nd way. ~MII b~ Imm~di~~~ly dw and p+yabl~: wF~e~her w no~ ~Mr~ b~ nw~a d?
~wd,~t»mp~ to eotl~et a wM p~e~linp~ and tFK full urwum of ~acA ~nd ~very ~~ch paymem ~ha11 bear inter~tt fran the d~te tMrwf unnl p~id at tM
r~N o( nk» pN c~nfum pN wuwm; ~nd all ~aid costs. chuye~ and txpt~sei i~currsd w paid, tog~tMr w~th such InNr~st, tMll b~ s~cur~d by 1M Iwn of tAq
nior~WY~•
b. il+~t tn tl» ~v~n1 of any br~ach of this Mwtya~~ w defauh an t!r p~~t of ~he MORTGAGOR, w(b) in the w~nt ~ny of ~acd ~ums of erwe~y
l~.tn r•f~rr.d ro b~ nw p.omp~ly ~nd f~lly pa+d within thirty (30) d~y~ n~a~ ~tta rh~ sanw a~ver~tly becom~ due •nd payabl~. WItA0Y1 dfrtNlld Of fl0titf,
w W In iM wem eath u+d ~wry N+~ ~tip~,l~tio~s. ~9r~re+tn». cw+Qi~iau and cownann of sacd praniuory no~~ ~nd ~h~s mor~qaye any o~ ~~~Mr not
luly, pomptly and iutly pKforn+~d, d~schuQed. ~aecuted. ~ffected, compl~t~d. compli~d wifh and ab~ded ~iy, tMn in ei~h~r w~ny iuch ~wn~ tM uid p~
prp•n wm ~n.ntio~ in s•td pom~uory ~o~~ tMn r~mainiep u~paid. with int~r~st xvwd, u+d all mon~ys s~eured Mrsby. ~MII b~eom~ dw aod p+y~
abb forthwith, a t1+KNh~., ~t d» optan of said MORiGAGfE, ~s fvlly ~nd cornpf~~ety as if all of tl,e said wms of mon~3 wer~ aginally st~put~~ed
b b~ p~;d pn ~uch d~y, anythinp in s~:d p.omisiory not~ a in 1F?is Mortpa9~ to tM tontrary notwithata~diny: u+d thereupw~ a ther~aftK a~ tM opuon of
Nid MORTGAGEE. without notic~ a d~mand, wit ~t I~w a in puiry, tMrefw~ w tMreafta beyun, may be prosecutcd u if ~II money~ sKVr~d hK~by .
h~d matw~d ~wr to iu imtitution. .
7. ?Mt in th~ ~wnt thN ~t tM bqinnirq ot' or ~t ~ny t~m~ pendinp ~ny t~it ~pon this Mwt9~ye, a ro forecloH It, w 1o nfwm if, w to ~nforp
p~yrnNM of ~ny d~ims I+Nwnd~f, ~+id MORTGAGEE ahall ~pp~y to the Court havin~ jurndKtion the~eof (or ~he +ppomten~nt of • ReceivK, wcl~ Cow~ sMll
MAhwNA appoint ~ nuiwr of ~ald matpa~d property dl and sinpul~~, includ~ny ~11 ~nd ~ingular tM income. p.o~its. iawt ~nd ~w~nws fron? wh~t~ve~
~~pvre~ dKiv~d, ~ach ~nd ~wry of whicA, it beinp ~xprnsty undNUOOd. i~ 1+~r~by morr9agcd a if apeufic~lty s~t forth and dacrib~d in tM pr~ntirq and
h~buidwn ciau~ h~rwf, W+d ~uch R~c~iv~r ~MII hav~ aN tM b?o+d ~nd eff~criv~ func+~ons snd powen in anywis~ ~nnwted by ~ Caxt ro~ R~c~iwr, ~nd -
wch .ppofnfnrm .hall b. mad. by wch Ca,n •n •dmm.d eqviry ~nd • m+n~r of •bsotut~ r~yht w s+id MORTGAGEE, and witAout rtfKtnc~ w tM
sd~qu~cy a M~quac~r oi tM v~h» of tM p.ope~+y mw~paped w to the wnr~ncy or inwlv~ncy of said MORTGAGOR a tM d~f~nd~ms, ~nd rMt such
r~?», profit~, 4+oonw, M~w~ u+d rw~nws ~MII b~ applied by ~uCA RK~ivN KCO/din~ to tM INn w puity of said MORTGAGEE ~nd tM p~etiu of wch
Court. -
?o duh. pompMy N+d fuly pNiorm, dischar~~. exaut~. ~ffxt, conpl~t~, comply with and ~bid~ by wch u~d ~wry tM stiputNia~, pa~ots,
oor~ions and coven~m~ in s~id promusory ~or~ ~nd th~a matyp~ Nt farA.
9. ?Mt M tM w~n1 tM owrnnhip of tM mortga~ed p~~mis~s, a any p~M the?~of, becom~~ wsted In • p~rwn oth~r tMn th~ MORTGAGOR, tM
MORTGAGEE, IM wtc~aws a~d ~uipm, may, wiihouf norice to tM MORTGAOR, de~l wiih ~uch ivcce~io. a ~uccef~or in int~re~t with ~~fer~ to this
mortpq~ ~nd tM deb Iweby Ntw~d in tM Nm~ mann~r w~th Mortppor without in ~ny way vitiatiep w discMryirg t1N Mwtppot~' U~bility Mew
wid~r or upa+ th~ d~M Mnby wcur~d. No ul~ of ri» Fr~mis~s iur~by mo~tyap~d ~nd no fwb~a?anu on tM pah of tM MORIGAGEE w In waei~on
or wip~s ~nd ~o ~xqn~on of tM tim~ fa tM payn»nt of tM d~bt Mr~py wcur~d piwn by tM MORTGAGEE o. in ~uwawrs or auipn~, aha{I opa~t~
b rN~w~, d'ndwrp~• n+odify cMnp~ o? ~ff~ th~ wipinal Uabiliry oi ~h~ MWtTGAGOR ha~in, iitMr in wFwl~ a In p~n.
10. It N sp~cifiully pr~d that tlrn~ is of tM e»~.+c~ of thh carract ~nd that no waFwr of ~ny obiq~tion her~undN a of tM oblly~tion st
eiw~d hK~by ~hall ~t ~r~y tMn~ tMn~hr b~ Mld to b~ ~ w~ivK of tM t~rm~ henof or of tM Initrument ~ecw~d Mrby.
11. In ~dd~t to tM farpo:np monMly p~Ym~nr~ of princ p~l ~nd inrN~~t r~quir~d by ~M promtuory ~or~ ~ccur~d Mreby. morty~pw cov~nant~
w~d pr«t ro pay ~mo~type~ with ~ach mynthly p~ym~nt an iddn~on~l sum e~t~maed by morrqspc~ to fo~ equN w 1/12 of ths ~nnual cou of tM follow- _
~f
A-All ~NI p~Oppfy ti7cN bvied or ~ntased •pai~ut tAe ~bovt d~scribed ~eal ~~~att.
6-Pr~rniurm oe fir~ ~nd wind~torm insur~rtu h~rcin .equ~.ed to b~ urricd on the improvem~nt~ sitwte oe tAe ~6ove desc.ibed pr~mises. ,
t-inmlwrr on wch morty~y~ 9u~ranty i~susar,~e +s mor~g~gee shsll from t:me to time deem fit to carry on the loan secured her~by.
MappM alwll from tirrr to tim~ notify mortyayor ~n writiny of tM emount due and pay~bl~ ixreunder and such ~4m ~h~11 tMrwpon be dw and
p~y~bl~ on fM dw dat~ of tM n~xt mpnthly payment ~nd eacA sucte~~ive month thereafter urtil mortgagee shall notify mortgagw of s thanp~ in wcA
~enouM. Such ~vrns shall b~ appli~d by mortpp~a ~oward the payment of real property taxet, insurante premiums. ~nd morly+p~ pv~rsnfy insuranc~
p~«nfwm.
IN WRNESS WFIfREOF, tM s~id MORiGAGOR hn here~nto wt his hand and wal tF+~ d~y ~nd y~ar 'rat ~fw~s~id. ~
pn~d, Sybd and Ilvw~d M tM . p~na of:
~ ~ r. f-..J F~Ei 11N8 ttf ~ORO ~ G ~v q
Iuci~le ' o sT_LUCtE COUMtr ~t~ ar es . ngs
~GCEe~ POITR~S n
_'rr~~:~~ . ~~i~.~,. F>fi .w~~,iir C~s ~ ~
Joan C. ~ouin ~ . . _ ::~r. e ine . ings
(5..4
S7ATE Of u~
' ~ ~ ~~p ~ i i oo aN ~lR , ~
cour~rtr oF +3• S~~$
iiy,~,.,~ Charles W. Cumaings - ~„d
Adeline T. G~ia~inas wti{~, ,,,,.~i k„~,~?„ a„w „ b.
Nr Indfvldwb d~wib~d In snd who ~x~cu~~d rM fapanp Inatrvrn~nt, M+d ~cknowtdp~d b~fon m~ that th~y ~x~a,»d tM wn» fa tM pwposM
M~rN„ .xa,,,.d, A„d „w Adeline T. G1~asings
wlt. ot tFn aw Chi~zles w. Cuminvs , i~po„ ..~..+..nd p.w.a
u~ankurlon by en~ tak~n s~pa+t~ ~nd ~part han Mr ~~fd hwb~nd. .ek~wwldp.d ro.nd b.fw• nr that d» ~x~evt~d s~id tmtnrm~nt fn~ly ~nd volu~
nrily ~nd witF~out sny compubbn, aonstnint, ~ppr~FNn~~on, or f~~r of a from Mr s~id hu~bu?d. '
~ WITNESS my Mnd end o(fklal wal thl~ ~ d~y ot A. D. 19 78
_ ~ L( L( ~
Nw~ry Vublk t~ ~r+d fw r~a St~a of Fbrid~ at trp~
My Commiuion ~nplr~u
R~tv~n Tos
w.~ r.a...~ s.~+o. a ~ n.,a~,t~«, M7 t;omn:::::?~ ~ _ , ~ : , ; , .
Of Fort P~~ru. ~
fwt Pl~ra. Fbrld~
_ ~ ;i~~ .
. S ;,,'J~.
. ~ i'
Robert J. Bvans Jr. . .
Thi~ Initrumsnt Prepared By ~ : ~ ~ .
First F~d~r~l S~vln~~ 6 Losn Associ~tion _~-s~•" /1
of fort Pi~ra ; ~ ~ ~ ~ • '
: ~
Fort Pisra, Florida 33450 = • . } ~
o R 283 A~E 304 . . _ t ~ : ~ =
800K v : . =
~ "
Checksd By ~ t'~- ~1!* '
j ~
. : ~ .
J
•'•ii sl
y sh
~
.
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