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HomeMy WebLinkAbout0403 To pl~ ~nd con~k?~qu~ly kNp on 1M b+iitd~np~ ~ow a I~~~itN Wtv~q or ~~id I~e+d ~nd on all equip~ent ~nd paspn~ily tovK~d by this e?wtp~ pw with ~11 pr~fwna N,K~on p~~d in full. fi~~ iryvranc~ in ~h~ uawl ~tudud polKy fo~m. ie • ~wn ~pprovfd by th~ MORTGAGEE. and windNam i~rw~ranc~ M ttw wwl u~ndvd pol+qr fan~, M• wm ~pprov~d py t!» MpRiGAGEE, in wch canpany a canp+niN ~s ?M MORIGAGEE ~y dir~cq ~nd dl tM~ a~d wind~lwm in~waen polici~f on any of uid bulWwps. ~nY tnNra~ ~h~r~i~ o. p~N ~1?~~~of, in tM pp~pN~ ~wn dor~Nld a M+ ~xaw IMr~. ~h~U oonNin ttw wwl aM+d~rd mor'ppN eiws~ a weh al»r d~w~ p r?,~ MatpyN en~y' rpuir~, m~M~op tM bu urMa a~d po1F cM~. wch ~nd wKy. WY~ q s~W MWtTGAGEE a in inqr~st m~Y ~PW+~. ~~d ~ach «+d way ~uc~ poGc~ ~hall b~ p~anp~ly ~u q~+id ~nd d~livKd ~o~ ~r h~W by uW MORTGAGEE M fWtlNf MOWIty t0 NW m0r1~~ ~bl. ~nd, not t~a tl~n t~n (10) d~yt in ad~anu oi eM fa~~tiOf~ OI NtI~ pOIKY. 1o d~ I;vM ro ~ald MORTGAGEE • r~wal ~Mr~of, fop~~hn wiTh ~ ~~u~p~ ta tM p~miwn of tuth r~n~w~l~ ~nd ~h~.~ ~MII b~ no fu~ a wind+~«m In~v~~~+c~ p~~o~d on an~r d NW bultdlep~, u~y Mh~M tMn~n a paf 1Mr~of. w+l~u In tM iwm ~nd wi~l~ IM lou p~y~bl~ u~(w~uids Md in tM ~wnf ~ny wm of nq~y b~rarw p~y~M w~d~. weA potky a pNie~s sak! MORTGAGEE ~MII haw ~M op~ia+ a ne~iv~ ~+d ~pply tM saen~ on ~eoun~ 01 tM ind~bted- Ma Mcw~d M~~b~r a ~O pKml~ ~aid MORiGAGORS to npiw and vN If a~~y parl tMr~of fw o~her purpos~~, w;~hout ~ha.eb~ w~iv~nq a unp~ir- 1np Mr puilr. li~n or ~ipht u~ w by virtu~ oi tAi~ mortpap~j ~~d in tiw ~vMt N~d MORTGAGORS thall fw ~ey nason (~Il to k~tp tF» uid p~aniws w . In~wd, or idl b d~livN promptlY ~ny of ufd policies of i+uw~nc~ ro stid MORTGAGEE. a(~it pranptly to pay fully u?y p.emium tF?K~fw a 1n u+y i rMp~ct fNl b p~rlonn, df~chwy~, ~x~cvH. ~fFat, caepl~n. con+ply wirh ~d ~bid~ by ~hcs cov~~a~~, a•ny psrf hereoi, said MORTGAGEE may pl~c~ ~nd WY b? ~ Muw~no? w any pirt Mawf w'rthout wNvinp w~ff~ctiny any optio~, U~n, p~i?y, or rlpht vnd~. a by virtw o! thi~ Mort~. ~nd the • f~+N anwwq of NeA ~nd wMy wd~ p~ynNeN ~MII b~ inv~wdi~t~ dw ~nd p~y~bb ~nd ~hatl b~ar i~tN~st from th~ datt ~Asr~of un~il paW ~1 tM t~t~ of nin~ pN anhNn pK ~r?ewMn ~nd top~tAa wirA wch~iMe~t~r shall be t~cu.'td by tM 11en of thh mwtpp~. 1. To pumtt, oo~mdt or wffa ra wu» Impairm~nt or d~te~ior~tion of Nid property or ~ny put tFicreof. S. To pay ~ll ~nd aMp~lr tM cwt~, chup~s and ~xpM~~, includ~rg •~~awnabl~ ~nae+ey'~ fse ar+d w~n of ~b~trecta oi 1ii1~. incun~d or p~id ~t ~ny Nnw by Mld MOaTGAGEE, ba,wN a G+ tF» ~wnt of tM failw~ on tM p~n of iM ~aid MORTGAGOR w duly. prwnptly ~nd fu11y p~.fw~n, dacMrg~. ~x~an~, ~f/~a. oompl~r~. opmplY wAA and abid~ by ~acA and evtry tf~ ~tlp~bl~w+~, pn~m~nN. tonditioru, ~nd cownanb of s~id promiawry eoa and ~hia - ~~YW~ +^Y a dtM~. and s+id eosts. d~~tt and ~xp~nws, Nch and way, d?~II b~ in~di~t~ly dw ~nd pay~blr, whethN or not thK~ b~ e+otie~ d? m+nd. ~tt~mpl b oolbtt a wM p~d"inp~ r+d tM full ~nwum o1 Nch ~nd ewry wcA p~ynw~f ~MN b~sr in?er~u from the datt tl,~~wf bntil p~id ~t the rne af nieM p~r c~ntwn p~r arr~wn; ~nd ~11 ~aid cous, cMrpe~ and expe~ies incwred a pakl, top~tl+N w,th wch int~rNt, ~h~ll b~ s~cvnd by th~ li~a of this ^wrtpp~. 6. i}N1 in th~ w~n1 of ~ny bnad? o( thy Map~p~ a d~f~ult on th~ p~N ot tAa MORTGAGOR. or N) in the ~vrnt any of u+d ~w+u of money MrNn t~fN~~d tp b~ nof prornpt~y and (uNy paid within thiry (3pl days rnxt atter th~ same s~ver~lly Mcom~ dw ~nd peyable. without dsm~nd o? notic~. or W In tM ~wM ~ad~ aed ~wry tM stipvla?Iora prNmen~s. con~itiora s.~d eov~nn of s+1d promisw.y na~ ae~d ~FNS matya~ aey a ~ith~? ~r~ no1 i~riy, promptty and fulty p~rfoneNd, dacharped, ~x~wted, effected, coa,pl~ted, complNd with and ab~ded . SY, tMn in euher or e~y .~uch ~vtnt tM said ~ p?~y+1~ wn+ nwntior~d 1n s~id promiuory nw~ then nmaininp unpaid, with intN~s1 ~cuwd, ~nd ~II morwys s~cv~ed ti~~eby. ~11 bacom~ dw ~nd p~y. ~bN M~thwith, o~ tMrNfiM. s1 tM option ot wid MORTGAGEE, u lutty ~ad eoe~l~qly ~s it •N of th~ ~aid wrna of morky wa~ a;9in~lty at~pulnsd ro b~ Wid on wd~ d+y. ~Rhk+p in ~aid panissory ea~e a in this Mortpp~ to tM toror~ry notwithst~ndinp; and ther~upon a there~he~ n ~M op~ion oi ~aid ~IWRTCaAGEE, without notio~ o~ d~m~nd, wit at I~w w in puity, ther~fa~ w tMrsaher bepun, may be praecuted u if •U moe.y~ s.cwd M.•by hd mstur~d prior ~o ib krtitvran. 7. ih~t tn th~ w~nt that ~t th~ b~yte~iny of or st ~ny tim~ pendirg any ~vit vpon thi~ Mwt9~pe. .a ro faeclo~ h, or to nforn? M. a to sntwcr WYTMM of «+r d•~++a Mr.und.r, wid MORTGAGEE ~MII ~pply to. tht Cowt havinq iwi~d'eet~on thtr~of ior th~ appointm~nt of • R~eeivM~ ~uth Cpxt sM11 ~t~~ ~PP~~ ~ nd~wr oi wld enwrap~d popenY NI ~nd alrpul~r, inelud~np •II ~nd ~inyular tM ineom~, profitf, baws ~nd r~wnw~ from what~rk wu?a dMtwd. Neh ~nd w~ry of which, it b~tnp ~xpresaty ued~rstood, a Mnby mo+t9yed a if ap~c;fic~tly Nt forth ind dNU~d in tM ~u~tinp and A+b~ndum c1awM Fw~ot. and such R~uivN ~MII hav~ ~U 1M broad ~nd ~N~criv~ ~vncnans snd powen in ~nywiK ent.wted 6y ~ Courr to a R~ceiver, and wth ~PPo1MeMnt ~MII b~ mad~ by weh CouM u~n ~dmieted puity ~nd ~ nwtt~r of abfolu~~ rigAt ro ~aid MORTGAGEE, ~nd witho~l r~itr~ne~ 1o th~ ~d~q~aty or {n~d~qvacy oi tM v~lw of tM pop~rty mortpp~d or to tM w1w~+cy w insolv~ncy of ~aid N1pRTGAGOR a tM d~f~nda+», ~nd tAa such r~"M. Profib. Moo~^~, M~vM +~d rer~a ~h+1~ b~ ~ppli~d by ~uch R~qiwr ~ccwdinp to tM Ihn or puity of Nid MORTGAGEE u~d tM pr~ctic~ q( wch CouA. To duly. pranptly and fullp pKfonn, dbcMrq~. ~x~cva, ~Hect. co~,pl~t~, comply wtth ~nd ~bid~ by wch and ~wry tM stiputatiom ~y~~nts, COf1~AlOf1~ MK~ OOV~fNnt{ ilf Nd pNO1111iiO~y nOf1 1nd thi~ tflWt9+Qf Mt ~Orf~1. 9. 1?~H ln fh~ wa~M th~ oweN.sh)p of tM mortpp~d premiss~, w~ny part th~reof, b~eoma v~t~d ln ~ p~non otMr th~n tlr INORTGAGOR. t1v MORTGAGEE~ Ms waon~on wd aslpm, may. withoul notice to tM MORTGAQR. d~al with ~uch tucceua w~uccessa in inl~na with nt~nnq 1o thi~ n+orqp~ ~nd tM d~b Iw~bp Ntw~d in th~ s~ms m~nnsr u with lNortppor withovt (n ~ey war ritiatlnq a d;acharyfrp th~ Mo?tp~pors• IlaWlity ~ h~r~ und~r a upa~ Nr d~b~ Mr~by Na+nd. No u1~ of the p~ert?iw~ her~by mOrtpp~d ~ad ea forb~ar~na on tM p~n of ~h~ MORTGAGEE or th ~vonuon or Malpna ~nd no ~at~n~ion of th~ tMn~ for tM p~ym~M of tM d~b1 M?~by s~tw~d piwn by th~ MORTGAGEE a it~ suee~saoes or usi~s aMll op~r~q ?o rd~~, d'adwrp~, modHy cMnp~ a aff~ct tha orpinal liabiliry of rM MORTrsI?GOR Mnin, ~ithK in wlwl~ a In p~rt. 10. M a~p~cifkslly pn~d that tkr» h of tM es~nu of thi~ contr~ct ~nd that no wafwr of uiy obtipatiw~ hKwndK a of tM obltpatfon sa cur~d Iwr~by ~II ~t uyr tkn~ tlNrNh~r b~ h~ld ro b~ ~ waiv~r of ~M tKm~ Mr~of a of th~ Instrwn~nt ~ewr~d herbY. - I1. In addition to tM fapo:np moe~thN p~Ym~nt~ of pin~ pd ~~d im~r~~t ~~quir~d by the p.om~iwry note secund MnbY. mo~tp+por cow~~nh .nd pras ro pay ro monpa~. w;~h ~~ch mor?thly p~ym~nt an add~e'wnal ium ~~timat~d by morfQayee ro b~ pwl to 1/12 of tAe annual toat of tM fdlow- A--AII rNl propwfy taxM bvied p auNfad ~yainst the ~bov~ d~uribed re~l tst~te. S--Pnmium~ ae fir~ and wind~torm inwr~nt~ h~ran reqv~r~d fo bR urried on t}w impiovemaah sitwte on fhs ~bov~ desvibsd pnenius, C-Pr~miu?m on wch mo~rty~y~ ywnnty ieuurar,c~ as mortg~qq ahall from t~m~ ro ume deem fit to c~.ry on the loan secured F~?~by, Mortppw ~MII from ~irn~ to tirn~ notify mwtyagor ie? writinp of tF?~ ~mount due a~d p~y~ble hereu~der ~nd ~uth sum shall th~reupw~ b~ dw ~nd F+Y~~ dw d~t~ of tM rwxt monthly p~yieum •nd s~ch succes~iw month there~frer until mort9pee shall not~fy mortpaqo? of a chanps ;n such amo~nt. Such suna ~h+ll b~ ~ppli~d by mortp~~e toward tF,e p~yrrKm of real •property t~xes, insurance prem~ums. ~nd mort9aye yvarany ins~ranc~ pr«nfwm. IN WITNESS WHEREOf, th~ s~id MORIGAGOR hp Mrwnro at h1~ hand snd Na! th~ d~y +nd fint ~fa . . Swbd u~d d r~d In th~ p~~~a of: ~ fll.ED ANO REC *GEG ~ it aOCERC'OITRAS~A O . oro y a marr e ~dult CtEPk CIRCUIT CO T ~ + ~!Q . . , r" !"r's1E~ ~ R--n STATE OF FLORIDA ~~p~ , 3 3 ~ z PM U v covnm of _ St . Zuc i e S5. e.r«. P...o~.ny,~..,.a Jo~n J. Korolv. a marriad adult ~ bi~ «riM, ro n+. w.n known a+d keoMm to m. ro b. M+~ Indhrldw dMnibd in N+d who ~x~eut~d tM forpotnq Inst~um~m, ~nd ~eknowt~dq~d b~fon m~ tMt ~~x~eu»d tM werw fa tM purpw~~ tMnh ~xpnM~d. .~1~i'~- --•1 - w{t~ ~f,.ti1~-adi ~ ~~~M~a~~ ~w~MMi~e?'iy'*r ~e wp~rMrw~d ~t ~v~n~iwrai~ I+u~6~ndr~diwo.ri~dpr~w-~nd-4~a~ ~ Ma aM ~~wA~i Mir-iewwmw~t.fs~ly. and +iokw ~atillr~odaritbout.an~ sompulsloey co~Laln?, ap~liw~M-o~-f~a~ ~i-«~w~w~INrMfi ~wwei. VYITNESS my Mnd ~nd offkld wal thls 1 ~ th d~y o{ ~ ~ A. G. 19 78 , Not~ry Pubtk In f tIN St~t~ of Florid~ ~t Larp~ . R~twn Ta. MY fkN ftd~t~) Savk~p~ i lo~n /1aWCl~tion ,`r~ . . . . , . ~ . - Oi Fort PHra. _ . E::.._d_. . ~ - . ~ ~ .'.i FOft VINC~, fIWId~ ' . , . .r . . . . , ~I This Instrument Propared By J. Hal Roberts, Jr. . ,--a. " Flrst Fed~rsl Savirp~ 6 losn Aisoci~tion of Fort Pi~ru . . : . : . . Fort Pisrc~, Florida 33450 • L; r~~ .r _ . _ . . - , - Checked By ~ ~ - p = . 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