HomeMy WebLinkAbout0286 r
J. To pl~c~ u~d con~jnuou~ly k~~p on th~ build~nqf now a her~~ftN wtw» or ~i~d I~nd ~r.d on •tl eq~ipnxnl ~nd perw~ally covt~ed by Ihi~ mort~
q~. with ~11 p~miwn~ aMrta~ p~~d in (ull, lin insuranc• in ~M uw~l standad polKy lo~m, 1n ~ sum ~pprovcd b~ tM MORiGAGEE. and wind~tum
iMw~nq In tM wwl ~t~ndwd pol~cy fam, In ~~um ~pp~ov~d by th~ MORTGAGEE. in ~uch tanpany or comp~~i„ u ~M MORiGAGEE. m~y
dihtlJ ~nd all IM~ u~d wi~lwm in~ur~nc~ polici~~ v~ ~~y of N~d buildinps, ~~y inl~rqt IMr~i~ or parl tMr~ol. in IM ~pqrtp~t~ awn alp~N3d a
In ~xpM flw~of. ~Iwl) oonl~in tM utwl ~t~rd mat9pM clwN a ~uch o11?a c1~uN a~ tM Morty~qN m~y rpu~r~. makinp ~M Iw~ v~dN ~~~d po1F
ciN. Nch Md wMy. p+Y+~ p N~ ~RTGAGEE n it~ 1~1iN~~1 n+~y ~pp~ar. ~nd ~~ch u~d ~v~ry tuch po~icy ~h~ll b~ promplly au y~ed ~nd d~liv~nd ~o
~ iN{d by wW MORTGAGEE N fwtM~ stcwihr to ~aid mwtpW~ d~bt. ~nd, no1 Itu tha~ an (10) days in ~dv~n~~ of ~M •xpir~t~on of ~~ch polKy, ro da
IivM to aid MORTGAGEE ~ re.~w~l ~hawf, ~op~~Mr wi~h • nc~~pt fa ~M a.m~w~ oi ~uch r~n~wdj ~nd rhsn ~hail b~ no f~r• o. winduan+ inw~i~+a
pi~pd p~ ~ny o} s~fd b~lldinp~, ~nr Inhr~sl tM~~u? a pan tMrwf, u~l~u i~ tM fonn and wit~ tM loa~ payabl~ afa~aidj ~nd in ~h~ •v~nt ~n~ ~un?
a{ nw~~y b~corM~ p~y+W~ und~~ wch polky a po1KiN uid MORTGAGEE sh~ll Mw tM op~~on ro rec~iv~ ~nd ~pply ~M ~ on ~ccount ol H» i~d~b~ed~
H~N N(yf~ M(~ Qf 1Q pMTlt Mld MORTGAGORS 10 fK~IV~ 1f~ uq it a•ny pa?t ~M~eo1 for othc~ pu~poies, w~ehout ~hr~eb~ w~ivirq w~mpa~r-
i~,p ~nY pvtry, li~n a ripht undK a by vbtw of th1~ mortyap~: u+d in tM ~v~nt N~d MORiGAGORS shall fa any nason i~il fo k~eP ~M a~d p.~+ni~~~ ~o
Irqvhd, p f~fl b d~livN prompllY ~nY of uid polic~es of iruu~~nc~ ro uid MORTGAGEE, w fail promp~ly to p~y fully ~ny premium tMrefw a M~ntr
rNpKt fdl b p~(wrn, di~tharp~. ~a~cut~, ~ff~cl, tanpl~t~, tomply wiih ~nd ab~ by thi~ tov~n~n~, a•ny psrl hareof, s~id MORTGAGEE m~y pl~t~ anE
paY for ~ucA trouraec~ a~I part tMrwf witAo~N waivinp w~ff~ctlnp ~ny option, li~~. pu~~y, or riyht u~de~ a by virtw of ~hi~ Matya9s. ~nd the
full wnowN of ~ad~ ~nd ~y wtA p~Y~~ ~+~I b~ irrvn~diaNly dw ~nd p~y~b1~ and ~MII b~u intaN~ irom th~ dat~ ~hereof u~til paid a~ ~M raq of
nin~ pK pntwn pM ~nnum ~nd topNhM wi~h ~uch inra~~r sMlt b~ kcv~ed by tM lien of thia mor~qaq~.
Ta pamit, commM ar wffK no wut~, in+p+irment or det~rar~rion of ~aid propary or ~ny part theraof.
S. To p~y dl and ahipulM tM cwts, charp~s and ~xpa?wti i~c{udiny • r~+wrubl~ anorn~y i fes and costi of ~bft~ut~ o/ t3tls, incurred a p~id at
~ny ~km bp wid MORTGAGEE, b~cw+~ a in ~M ~v~nt of tM f+~lur~ on tM part of IM said MORTGAGOR to d~~y, pranptly ~nd fully ps.form, d~xha•g~.
~x~c~t~, ~ff~p. canpkt~, oomplr with and ~b+d~ by ~acA ~nd ~Vlfy tM ~IIPVI~1i011f. ~QINrtNn~f. conditiont, ~nd cowMnq oi wid p~omissory nofa ~nd thia
~orpap~ any a H~1+~. ~nd N;d ~pt~, chary~s ~r?d ~Yp~roe~. ~~ch ~nd ~v~ry. ~MII b~ imnwd~a?ely due ~nd pay~bl~: whe~Mr a not th~.~ b~ norK~ d~
mand, Nt~mpt to colbct a wN p~ndinpt +nd tM full ~moum of exh ~nd rvMl ~uth payrn~nt sMll bear ~nr~~N~ trom ~he da~e ~hereof until p~id a~ ~h~
?aM of lliM pN CMhNn pN ~Mwm: ~n~ Mb COSff, charge~ and ~xpe~sai incwred o~ pud, 1og~ther w~th such i~ttr~~1, shall b~ sac~~~d by tM lien of thi~
^artCp~• _
b. TAaf in th~ ~wnt of ~ny br~ach of this Mwt9p~ w d~fault on t!r psrt of ~he MORiGAGOR, «(b) in ~F?e event ~ny oi ~~d ~vmt of money
hN~ln r~fMr~d to b~ nof pranptly ~nd fvlly p~id wi~hin fh~rty (JO) days ne,c~ after the s~me s~v~ratly become due and pay~ble. wi~hou+ demand a notics. .
w(~ M M~. we~r •.d+ and ~wry ~M nipula~~ons, pr~m.nn, con~tans ~nd cov~eunn ol ~a~d p~omiuory not~ ~nd ~h~~ mortype any a eitMr u~ nw
iuly. panptly ~nd fully p~rform~d. d~scMrpad. ~l[KUtli~. ~(fected. comptet~d. compl»d w~~h ~nd ab~ded 5y. ~Mn in e~ther or •ny ~uch ~vem tM i~~d p~
prpat~ wm m~ntion~d in Nid promitwry not~ ~hen rem~inirp unpaid. with im~r~st ~cuued. ~nd •II mauys sacvrod hereby. ~MII becant dw and pay-
~bl~ iwthwith, a thx~~fN~, ~1 tM option of iaid MORiGAGEE, u fully •nd compt~~ely ~s i} all of tM ~a~d wms of money were orgin~lly atipulucd
to b~ p~id on such day, any11?inp in N1d p?om~~so~Y not~ a in this Mortyp~ to tM contr~ry norwi?h~~~ndiny: •nd therwpon or there~fte? at tM opuon oi
safd MORTGAGEE, without notit~ o? dein+nd, wit at law or in pvity, there(w~ w tMrcatra+ be9un, may be prwecuted ai if ~11 mon~y~ ~cur~d haeby
h~d rnatyr~d ptqr to iu IMtitution. .
7, TFMt M? Nr w~nt fhat ~t tFw be~ir+n7rg of w af any tirt» pendinp any ~uit upon thi~ Mo.tg~pe, w to fweclos~ it, or ro r~fwm tt, or to Mfap
paynwM of ~ny d~iim Mrwnd~?, .wid MORTGAGEE ~MlI ~pply to tl» Court haviny jurisdic+ion thereof for tM +ppo~ntmem of • Rec~ive?, ~uch Cou.t ~MII
forthwlth sppolnf ~ nafvp of aid inafpp~d prop~rty •II and ~inpul~r. includ~nq ~11 ~nd ~ir~gulu tM incom~. prof~ts. issues ~nd nvMw~ from wh~tever
~ourp d~riv~d. Nch ~nd w~ry of which, N b~inp ~xpres~ly undauood. i~ Mr~by mwrg~ged if ~ptufic~lly ut fa~h and dewib~d In tM prantinp ared
habMdum cl~~ Iw~of. a+d such Rec~ivN sMll Mv~ ~II ~M brwd ~nd ~ffactiv~ func~~ons and powen in anyw~se entruited by • Cou.t to a Rec~iwr, ~nd '
w~h ~pppl~tnwnt ~MII b~ m~ by wch Court ~s ~n admined equiry ~nd ~ rn~tt~r of •bsolur~ riqhl to said MORTGAGEE, u~d without re(er~nc~ to th~
~dpwcy or tn~d~quacy of tlw valw of tM prop~r~y mwtpp~d or fo the wnr~ncy o~ ~nsol~ency of uId MORTGAGOR a the d~fendant~, ~nd tMt sucA
r~ms, profiM, 4~to~, baw~ ~nd rw~nuM ~hall b~ ~ppli~d by ~uch R~c~iv~r ~aord~rp to tM li~n a pvity of Nid MORTGAGEE u~d tM practit~ of a~cA
Cowt.
To duly, pranptly Md fulty qrfonn. di~tM~p~. ~x~cu~~. ~ffest. comp{~t~, comply with ~nd ~bide by tach ~nd wery tM aHpul~tio~s,, apr~nn,
eoe+dMfar ~nd eov~nann in sa~d promiawry eot~ and ~his mortpp~ ~~t fatA.
9. ?hat In tM w~m tF» own~r~l?lp of tM morty~yed W~miHS, a~ny p~n thereof, becom~s wst~d 1~ • penon othe~ ~l~an tM N10RTGAGOR, tM
MORTGAGEE, 1ti wcctwor~ and ~alpra, may, w~rhou~ notice to the MORTGAOR, d~al w~~h ~uch succeuw a ~uccessor in int~rest with niN~nu to this
mw~pap~ ~nd tM d~W hN~by s~cw~d in tM ~~m~ m~nne+ ~s wi~h Mortpya without In ~ny way viti~tinp w dixharyinp tM Mwty~gw~' Ifability h~n~
unda a upon tM d~M Mnby s~owed. No s~I~ of tM premiw~ !u?.by monyaQ~d ~nd no forbtsr~nc~ on tM p~r~ ot tM MORTGAGEE a Iri wa~~wn
w ~wipns ~nd no ~xf~Mbn of tM Hm~ fa tM paym~nt of tM d~bt Mr~by s~cu~~d yiv~n by tM MORTGAGEE w it~ ~vcauon or ~w~ym. aMll opK~t~
to nl~, d'ad~u~. nadi~ly dunp~ or aff~cf th~ oripinat li~b~liry of tM MORTGAGOR hN~in, ~itMr in whob w te part.
10. h b sp~cifkdly prNd that tlm~ b of th~ caunce of this contr~ct ~nd that no w~iver of any oblp~tion htnund~~ o? of tM obllpation ~r
cvr~d h~r~bp shall ~t ~ny tlm~ tMr~~hK b~ Mld to b~ a w~ivN of tM »rmt htrwf or_of th~ tnitrument secur~d htrby.
11. In addition ro tM forpo:np monthlY paYenents of princ'paI ~nd int~re~t ~tqu~red Dy the prom~awry nor~ tecur~d Mreby, mortgapor cov~n~nri
~nd prNS to pay to mortpyN w~~h ~ath monthly paym~nt ~R add~~io~~l aum e~tim~ted by morryayee to bs pu~l to 1/12 of the an~wl cat of th~ fdlow-
Inp:
A-All r~d prop~rty t~xN bvied a ~utascd pa7n~t the +bov~ describcd resl estate.
S-Pr~miuim on fir~ ~nd windatorm ~ruunnu a~ Mre~n requ~red to be ca.ried o~ tlu ~mprovements •ituate on ~he ~bova described pr~misN.
C-p~~mium~ on ~uch mwt9p~ yu~ranty insur~r,c~ •s mwtg~gee sh~tl from t~me to time deem fit to carry on the loan secured hereby.
MortyapN ~MII from tirrw to tirn~ notify mwty~9or in writ~np of tM ~ma,nt due and payable hertunder and such sum sh~ll thereupon b~ dw ~nd
payabl~ on tM dw dat~ of tM Mx+'rtw~thly payment and a~ch successiv~ montfi thereefter until mortgagee shall notify mortpagor of a cMnye in tuch
amo~M. Such surm ~h~ll b~ applied by monp~yee tow+rd the payment of real property t~:es, insurence prem:ums, and mortg+ye guarsnty iruuranc~
p..~+iwm.
~ IN WITNESS WMEREOF, tM s~id MORTGAGOR h~a h~rwnto Wt hia fi~nd ~nd ~a1 tM d~y tnd y~~r fint ~fwasaid.
i Stpn~d, S~abd and d~tlvK~d In tM pr~Knu of: ``~J
~ r.~'~~~ `/t w~
. ~?~t~ t~c~Kat:, n
` s. c?E ca Nrr F~a. ~ ,
~ RO ;F'. FJI?RA c 1-'~- (~4
~ ' i ~ _ ~ r ~ . . ~o a Debhie M. Coker (5wq
~ sr~re oF ~oRio~ ~ l ! ~ 7 n ' 9 ' ~9~J"~
5 ~a,~ ~ - ~ ~ ~ _ 8 f a a dH ? .3•
~ ~a,. „w p.,,a„~~Y .~..,.d ThnmaS I Coker .~d :
~ DQbbja M roker his wif~, ro m. w•II known ~~d kiwwn ro m~ to b~
~ Mw 1ndlvldwb dNCrfb~d le a+d who uueuqd th~ forpoi Inatr~?m~nt bdp~d btfor~ m~ tMt tMy uaeubd tM saen~ fw tM purpwN
~,~.«..a. ,4,d N,, ~ebbie M.~o er
„r~~~ wb Thomas I. Coker upon • a~ra» ~nd prw~t~
•xwnleNtio~ by nw t~k~n Npar~t~ ~nd ~psrt fran F+N Nid hvsb~nd. ~cknowl~dp~d ro u+d b~fw~ n» tMt ~M ~:ee~t~d wid IMtr~m~nt fn~ly and volwr
r~rlly u~d without any compuubn, cautr~lnt, ~ppnMnuon, w f~~r of w from Mr utd hu~band.
~ w~rNESS my ~,.~a .~a affk~d ..d tF?t• 24 d.,, ~ March A. a. ~v 78
~ -
Publk In ~nd iw tM St~n of Fbrid~ ~t Larp~
~ M Commiufon ~xplr~u
R~twn To:
~ Fktl f~nl .~ivkp~ a lASn MWCi~tiW~ R;~yy r. ,
~ Of FOtI Pi~rtf. " - - .
~ fort PINU. Florld~ ~ . _ • ,
~ • .°l '0
~ ri..sr~.. ~.ri Y~ .1, 4.r.'~
u - .
~ . . ~ . ~ -
~ Thi• In~trumsnt Prspared By J. Hdl RObErts, Jr. , • ~
~ First fsd~rel Savin9s b losn Association
~ of fort Pieres . - ~
~
~ Fort Pieru, Florids 33450 p k p ~Q~ ~ ' y,
BOOK~04 PAG~ ~ :,r:..., ;r~.
-
~ Checked By ~ ' l`
rj br1 ~ r . . .
~ r ' ~ ~ ~
~ , . , ~ ~
~
-T~k ~ ~ ' ' - - .'r
~
» ~ -
rr
. _ . _ . . . . . ~~~F'a`~ . -