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HomeMy WebLinkAbout0254 To pIK~ ~nd tontinuoualy k~~p oo ~M bu~tdin~a r.ow a Mr~~h~r utuat~ or taid land ar,d c:~ equipmtm •n~! p~r~on~lly tove•~d by Ihis ~nonp- with ~11 pr~mivnu ~h~rwn pa~d in lull. G~~ insc~o~c• in ~h~ uwal au~cfard pol~c~ furm, ie ~~um ~ppro~~d b~r Ihe MOR~iGAGEE. and wiMhrorm ~ 4Mw«Kr In t!N vwal •t~ndard pol~ty 4orm, 1~ • ivm ~pproved by tF.• MGRTuAGEE, in ~ucl~ tanpMy o~ comp~nip N IM MORiGAGEE may ditKft ~nd ~1) ti?~ ~~d wintb?orm insuranu potic~es on ~ny df w~d buildinpi, ~ny inl~r~~l tM~~in or part ?h~r~oF. in ~M a99~~yar~ wn+ ~tortuid a M~Ypq IFN/~Of, ~MII eon?~in ~M usval standa~d mortpa9s~ e1~uN a i.xl~ oeMr e+~vu~ ~s ~M Matp~gee miy r~qu~r~. rrNl~inp ?M :ou vnd~r ~~~d polb ci~s, Nch ~nd ~vNY. par.bl• W~~id MORTGAGEf as i~~ imereit may app~a~. •nd e~<A Md ere.y such po~~cy ~ha1t b~ promp~ly a~s qned ~nd detiv~red ~o ~ny Mld by aid NIORTGAGEE N(wtha uturiiy to ~aid matpap~ d~b~, ~nd, not i~~ Ihan t~n (10) day~ in ad+anet of tM •apirae~on of ~ath polity, to dr livN ro ~sid MORiGAGEE • r~n~w~l th~reof, tops~hN wifh • r~ce~pt fw tM p~~+niwn of tuch .~n~wal; ~nd ~Mr~ sh~11 b~ no f~r~ or winds~orm In~y~~~ p~~ad an ~ny of ~id buitdirg~, ~ny intereq tMr~~n a part tMr~oF, vnl~u in tM fmm ~~d with ~M lou p~~.~ble •fa~sud: ~nd in tM ~v~nt ~ny ~4m Oi moMy b~tony~ p~y~bt~ w~d~r ~uch policy o? pol;ci~~ said MORTGAGEf iMll Mva ~M option ro r~t~ir~ u+d ~pply th~ s~m~ on accounl o( 1b~ ind~bted- • ntN Ntor~d Mr~by or ~o ptrmit N~d MORTGAGORS to rK~iw •nd uN i1 w any part theroof fw o~her purpo?et, w~ihou~ th~reb~ waiving o~ ~mpai~- inp any pvity, li~n p ripht w+d~r ot by vinue of this morty~~~; ~nd in ~M ~vent Nid MORTGAGORS tMll fw any reawn fai) to ketp /M s~~d pr~mittf w inwr~d, p f~il to d~livN promp~ly ~ny of said po;K:rs of insuranc~ fo ~aid MORTGAvEE, o~ fail prompriy to pay fully •ny p~emium the~efor or in ~ny rnp~et f~il b ptrjpm, diuMry~, ~xccurs, eff~ct, compl~t~, comply wi~h ~nd ~b~~e by ~h~~ cov~~an~, a any par~ har~of, sa~d MORTGAGEE rruy ptace •nd wr fw •,xh tnw..nc• a any pa.+ ~lw.wf w;~hout w~lvinp a~ff~c~inp ~ny op~son, li~n. equ~ry, a rc9h~ under a by vutw of ~ht~ Maey~p~, and ~he full ~movnt of ~ach ~nd ~wry wch paymenr iMll be ~m~ned~~t~ly dw •nd pay~bl~ ~nd ~hall bea~ int~reat from ~h~ date ~hereoi until paid ~M ra~e ol nirr p~r c~mvm pK anrwm and toge~her wi~h ~uch interest tMli be secured by t!w lien of thi~ mortq~. ' . t • 4. io p~rmit, coeM~it or suffa no wut~, impairment or deterior~r;on of iaid property a~ny part thereof. S. To p~y ~I! ind ~inQ~lw tM cos?i, c),nges ~~d exp~nks, ;ncludinp a ~e+wn~bl~ atewney'• fee and cos~i oi ~btt~actt oi titte, incurr~d o~ p~~d ~ny tfnk by wid MORTGAGEE, b~t~us~ or ;n ti+~ tvent of th~ ta~lur~ on tM p~N of tM :aid MORTGAGOR ro duly, promptly u+d iul~y pe~fam, d~uFurge, ~x~cuN. ~iftct. comp~at~, eomply with and ~b;d~ by tsch and w~ry the itipulahon~, preemtnp. ea~ditiory, ~nd covtnanh of s~id prom~ssory ~ots •nd thif mor~9~p~ ~ny w~i~Mr. ~nd ~atd cwn. clurg~s ~nd sxper+se~. e~ch ~nd ewry. ~h~tl !v immedi~t~ly du~ •nd pay~bl~: wMrh~r o? no~ ~h~r~ b~ not~c~ da. mand, ~tt~mpt to co11M o~ wit p~ndinpj ~nd rh~ full ~movnf of each ~nd ~v~ry wch payrn~~t ~Aail bea~ inre.esr from the dare thertof unti! paid tAe r~te of nir» p~r ctntum p~r ~n,wm: ~nd all said costf, cAargei and expensea ~ncurred w paid, toge~her w~th such inten~f, ~MII b~ sacu~~d by tM l;en of thi~ mortp~p~. 6. Tf+~t in the event of ~ny brtach of Ihis Mortp~~ or default on ~ir part Qf the MORTGAGOR, or (b) in the eve~t ~ny of ~a~d sums of mone~ Mreln ref~?r~d to b~ not prompfly ~nd f~lly paid w~~hin ~h~rty 130I days next afror the ~~me cwer~Ily br_ome dw ~nd piyable. withou~ d~m~nd a ewtice. o~ (c,) In tM ~vent e~ch ~nd tv~ry th~ stipulatiw~s. ~gre~m~~r~. condtiont •nd cov~n~nn oi s~~d promi~sory not~ ~nd th~a morrpagt a~y a eith~r ar~ not i~ly. p~omprty and fuNY pKform~d. d~uh~.ped. fXKtllt<I. ~ffecred. compler~d, compl~ed w~ih ~nd ~bided `~y, then in e~iher or ~ny such ~wm tM ~+~d a¢ prp~b wm msntia»d in ~id promiswry not~ the~ remaininp unp~~d. with inta~i~ ~cuued. ~nd all mon~ya s~curcd F+erabY. ~MII b~come du~ ~nd pay. ~bl~ forthwith, a t!?a~~ftN, ~t tht option of taid MORTGAGEE, u fu(ly •nd corrq~tetety ~a it atl of rM uid wm~ of mon~y wer~ aiyina7ly •tfpul~ted to b~ paid on ~uch day, anythinp in s~td prom~s~wy note w in ~hi~ Mwty~9e to tM tontr~ry norwith~t~ndiny: and thcrwpon or thereaher at ~M op~~on of uid MORTGAGEE, without notic~ or d~m~nd, a~it at t~w w in puity, tMrefa~ a tMre~f~~r beyun, may bc prosecuted ~i if s1I money~ i~cvred hereby Ad nNfured pt+Or to i» Irutitution. 7. ih~t ln t!w *v~nf th~t ~1 the begi~~~ng of or at any tim~ pendin~ any ~u;t ~pon thi~ Mo.ty~ye, a to twecto~ it, w fo reiorm it, w to eeifo.~y paYrn~nt of ~ny cl~i~.u h~reund~r, uid MORTGAGEE ~MU ~Pp1Y eo the Court h~vinp jurisdittion tlxr~of fp tM ~ppoc~tment of • Rec~ive?. such Couh sMll fwthwith ~ppoint i r~c~ivN ol Ntd mortyyed property i!! and ~irpul~?, includ,np •11 ~nd s;ngul~, fM incorn~, profit~, i~iw~ ~nd nv~nue~ from whatwer wuru dniv~d. ~ach and ~v~ry of whKh, it beinp expressfy underuood. i~ Fur~by morrgaged if ~pec~fic~lty ~et fw~h and dewib~d in tl» pranrinp and habtndwn tla~Ht Mr~of, u+d ~uch Rec~iver ~hall have dl the b?oad ~nd effect;ve funa~on~ and powen in ~nyw~~~ entrusted by ~ 6ourt to ~ Rse~iv~r, and ~uch appointm~nt ~h~il b~ rrNd~ by ~uth Court ~n ~dmitted equity ~nd ~ rrwltN of absolut~ ri9ht ro ~aid MORiGAGEE, and wifhout rtfer~nu ro tM ~dpu~cy p 1n~deqv~cy of th~ vNw of th~ prope.ry mer~qrysd or to the ~ow~ncy w;nsoi~~ncy of s~id MORTGAGOR w the d~fend~nt~, a~d tMt such rtnr~, pr,fitt, Ineorr~, iuvN ~red ravanw~ ~hal! b~ ~ppl;ed by autA R~ceiv~r ~tcordinp io tM li~n or puiry of a~id NWRTGAGEE ~nd tM p~~ttie~ of ~ueh Co~A. d. To duly, prwnptly ~nd fuliy pNform, dixMrpe, lXKUt~, eff~ct, compl~t~, comply wNh ~nd ab:d~ by ~ach ~nd ~wry 1M ttlpul~tanti pnem~nn, conditton~ a+d oov~rynb in sad promiuory nort ~nd M~~ mortQp~ ~~t fwth. 9. TM+t In tM ~v~m tM own~nAip of tM ~nor~p~p~d p?emisu, or ~ny p~rt th~rwf, b~com~~ vht~d tn ~ p~rsoe otMr tMn tM MORTGAGOR, tM MW~TGAGEE. Ns wcaNOra snd ~uipm, may, w~rhour no~~ce lo tM MORTGAOR, deat with ~uch ~ucc~uor or aicce~~w ;n ;nt~n~t with nfe~~nu to this mortpp~ ~~d tl» d~M hp~by s~ewd i~ tht a~rrh m~nner witA Mortpapw without In ~ny w~y viti~tlnp or di~eMrqie~ fh~ AAortapor~• U~bility h~r~- w+dM or uPon th~ d~bt lwr~bp s~tw~d. No ~al~ of tM pr~mi~ !?~r~by mortpp~d ~i,d no fwb~u~na en tM p~n of tM MORTGAGEE or In ~~uon w+~s~prr ~nd no ~xqe?~ton of tM tien~ iw tM paymsnt of th~ d~bt ha~by ~~eund plwn by tM NWRTGAGEE w ib ~uepuors oe ~i9ro. aMi1 opva» ro rN~~N disthup~, modify th~np~ a~ffM tlN orip~nal li~b~l~ry of tM MORTGAGOR h~rtl~, ~itMt in whoN or In put. • 10. It b ap~etflutly apr~d th~t tlen~ i~ of th~ !lNnt~ of thii eontraet ~nd th~1 ea w~Iwr of ~ny oblq~t~on Mnv?d~r or of tM obllp~tioo a- u+nd Mqbp sMll ~t ~ny tMn~ tMr~~hN b~ hR1d to b~ • w~iv~r of tM t~rma h~rwf a o1 th~ irutrum~nt Ncw~d Mrby. 11. In ~dditton to th~ forpo:np monthly paymtnt~ of prinCpsl ~nd int~n~t rpuir~d by th~ p?omit~ory not~ ~ecund Mr~by. mwtyspor cpvrn~ets •nd p?~n to pay to monppN w~th ~aeh monehly p~ym~nt an ~dd~riond ~wn ~~Hm~t~d br mwtypt~ tc b~ p~d to 1/12 of the annu~l ewt of tM follow- - A-Afl rNl proqrty t~xn bvied oi au~ueti ag~inii the ~bor~ d~~cribed r~d ~sut~. S-Pr~miumt on fir~ ~nd windtto~m insur~nu as h~re7n requ~red ro b~ urried on tht improv~rn~nb •itosfe on the above destribed panises. ~ C-V~~miums pn tuth mortp~• puuanty inwr~nc~ ai matg~p~e ~hall from ~,me ro r~nse de~m fi~ to cerry on the Iwn sccured h~reby. MwtppN ~h~ll from tim~ to tirt+~ notify mortyayw ;n writinp of th~ •mount du~ and p~y~bl~ hNeunder ~nd ~uch sum shall thtrwpon bs dw and pay~bt~ on th~ du~ d~r~ of rh~ n~xt monthty p~yment •nd e~ch tuccessiv~ month there~fter unril mortpagca shalt notify mort~agor of ~ chanp~ in tuch amouM. $uch sum~ ~hall b~ ~pplied by mwtpapee toward tM p~ym~nt of r~al proptrty taxes, inavranc~ prem;ums, and mortgsye gwranry intur~nq pr~miums. . iN WITNESS WHEREOf, tM a+id MORTGAGOR h~~ ht~wnto Nt his h~nd ~nd pd th~ d~y ~nd y~ar fir~t afor~said. s+pn~d, s~+led ~nd d~u~~r~d tn tM pr~s~~u of: IS _ IS A BALLOON MORTGAGE AND THE F INAL PAYMENT OR -~HE BALANCE DUE UPON MATURITY IS DECEMBER 10, 1982, . TOGETHER WITH ACCRUED INTEREST, IF ANY, AND ALL ADVANCEMENTS MADB BY THE MORTGAGEE UNDER 1~iE TERMS STATE OF fIORIDA _ ~f OF TH IS MORTGAGE . Se al COUNTY OF ~ • ~.•liC.~-- ~ SS. 1 e.to,.,,,. ~y ,r,d Harr M. Schindehette .~a que~yn L. Schindehette h» Wff., ro n,. w.lt k~own •nd known a~n. w b. tM IndlvWwb dptribd M ana who ~a~eut~d th~ forpanp leutrum~nt. ~nd aekrww~.d~.d b~fon m~ tMt tn.~ ~x~evt~d tM s~m~ fw tM pwpww ~n.~.a+.xa.,..d. Ma *ti...y -7acquelyn L. Schindehette w~~. of rt,...b Harry M Schindehette ~xan+tn~rion by n» t~4~n ~r~t~ ~nd ~p~rt fran Mr taid husband, aduiowl~dp~d ro_ ~nd b~fon en~ tMt ~M ~~~eut~d MId IMtNrMflf ~fNIY MIt~ VOIWF ~uily w~d without u?y co~npublon, oorutr~int, ~ppnh~nsion. or fur of a from Mr wId husb~nd. WITNESS my Med ~nd offkid sNf thi• e2'S/ d~y ~ March ~ n, a. 19 78 ' ti,.ris _ - ~ ~ rit~'~ .4't?~ ' ` . • - . §fi 'l'y`.=1• 'L4~' Y " Not~ry Publk In ~nd iw th~ of 't i. f. i, t"+~ t-S M ~0! R~tvm Ta "'R' • _ , ~ , . ...~~T : L r Conuni~~lon ~xplr~ ~ D • 3 0 • ~~4~~ - . ~ Flnt Fsd~n) Savlrp~ ~ loan AsaciaYwn , ~ . . ~ r ~,~r1~~ : ~ Of Fort Y;~rc~. ~'vi= t . - ~ o~..u. F~~~d. 3 26 PH - .r _ fx~iar~ ~::cr;. State o! f!oc'da at • ~ .5-1'.:iS:;.. LS~ ~iiS U:t. '~~uV - j`;.' E=o:eJ A.:.~.~aa rw S 4f+.~:q Cuy+~~ .~e~~~t~~,'•~' This Instrument Prepsred By Richard K. Kayes First Fed~rsl Savinys 6 losn Associstion of Fort Pieres Fort Pieres, Floride 33450 ~ g~ K~8 4 ~~~F 4 ehecksd By _ ~ . , . ' dz ~ : _ _ _ _ - ~ _ - _ _ ~ . ~ _ . _ _