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HomeMy WebLinkAbout1056 \1..rt ftl.Al'~STt1XE: laytal Supper. Ir:c. t t[att•~Itrd Ft. IiwlrrJilr. h'Iwrdr:l'i'SII I'+ttr ..t(1 7 and shallduly.promptly and fully perform. discharge. execute.etfect,complete.tomplywithrndabidebyeuhandeverythestipulatiuns.agreemrnls.tvndiliunsand ~ o~epants of said promisson• note antlof this mortgage, then this mortgage and the estate hereby created shall cease and be null and void. It is understood that euh of the x•onls, "tote," "mortgagor" and "mortgagee" respectively and the pronouns referring thereto, whether in the singubtr w plural ancx•here in this mortgage, shall be singular if one only and shall be plural jointly and severally, if more than one, and shall be masculine, feminine and or netHrr, t «hrrever the context aro implies or admits.. ~ And said Mortgagor for himself and his heirs, legal representatives, suetrssors and assigns, hereby convenants and agrees b and x•ilh said Mortgagee, his regal ~ rrpresenGttives, successors and assigns.: 1. PAYMENT OFPItINCIPALANDINTF.REST.Topt~•allandsingulirtheprincipalandinterestandthevarausandwndrysumsotmoneypayai,lebyvirtue ~ ..f said promissory note, and this mortgage,-each and every, promptly on the drus respectively the same severally becane due. 'L. FIINUSFORTAXESANDINSURANCE.Topayallandsinguluthetaxes,assessments.levies,liabilities.obligatansandincumbrances ofevery•na(ureand kind now oa said described properly, sttd/or that hereafter may be imposed. wtfered, placed, levied or assessed thereupon, and/or that hereafter may rte levied or asesseil upon this mortgage and~or the indebtedness secured hereby, each and every. vw hen due and payable according b lax,, before they become delinquent, and before any interest attaches or arty penalty is incurred: and in so far s, art) (hereof is of record the same shall br promptly satisfied oral dischuged of reivrd and the 1 „riginal official document such as for instance, the tax receipt or the satisfution paper officially endorsed or certified) shall be plued in the handsof said Mortgagor x ithin ten days next after pt~vment: and in the event that any thereof is not so paid, satisfied and discharged, said Mortgagee may at any timeltay thesameorany part thereof x•ithuut waiving or af[arting any option. l ten, equity or right under or by virtue of this mortgage, and the full amount of each and every wch payment shall be immediately due and payable and shall bear interest from the date thereof until paid at the rate of per rentum (ter annum and together ith wch intvnst .hall Ix• sarund b}• tht• lien of this nwrtgagc- :i- IIA•!-Akl) 1NtiUKAN('E. To plarn and erontinuously keep on the buildings nox• or hereafter situate en said land fire and windstorm inwrance in the usual ~tantiani Iwlicy form, in a sum not less than hiKhest insurable value. in such company or companies as miry be approved by said Mortgagee: and all such insurance I.,ticies on any of aid buildings arse interest therein or pan thereof, in theaggregatesum aforesaid or in excess thereof, shall contain the usual stattdard mortgagee clause making the Itrc urKler sail {tolieiea each and even, p~vable b said Mortgagee as his interest may appear. and each and every such policy shall rte promptly d~•I ivered to and held by said :llortgsgee: and, not Tess then ten da}•s in advance of the expirat-ton of each policy, bdeliver braid Mortgagees renexal thereof. together ith a receipt for the premium of such renewal: and there shat) 6e no such insurance placed on any of said buildings, any interest therein or part thereof, unles, in the f„rm and x•ith the Ieta-c payable ac aforesaid: and in the event an> sum o[ money becomes payable under wch policy or policies said Mortgagee shall have theoption b r.Y•eive anei a1Kt1}• the ame on account of the indebtedness secured hereby or b permit said Alorlgagor b receive and use it or any part thereof for other purposes ithtrut thereby waiving or impairing any equity, lien or right under or b> virtue of this mortgage: and in theevent said Mortgagorshall torany reason fail bkeep the ,oid premises w insurnl, or fail b deliver promptly any of said policies of insurance braid Mortgagee, or fail promptly b pay fully any premium therefor. or in any- r«tr•rt fail to perform. discharge. execute, effect. complete, comply with and abide by this covenant, or any part hereof, said Mortgagee mttJ place and pfiv for such i axis ranter or an}• part thereof x• ithout waiving or affecting any optan, lien, equity or right under or by virtue of this mortgage, and the full amount of euh and even, .uch payment shall be immtdiately due and lyvable and shall bear interest from the date thereof until paid at the nteot Ix•r ct•ntum lterannumaMi togetherwith such interest shall be secured by the lien of this mortgage. - - - i 3- PKEtiF:KVATIOti AND MAINTENANCE.. To permit, commit or wffer rto waste, impairment or deterioration of said property or any part thereof. } ('IIAKI:F:ti.Tottayallandsingularthecttsts.chargesandexpenses,includingreasonsblelax•}•ersfeessndcastofabotrutsottitle.ineurndorpaidatagvtime h~ :aid ~lorlgager because and: or in the eventof the failure on the partohhesaid Mortgagor bduly, promptly and fully perform, discharge, execute,etfect.complete, j c~,mply with atttl abide by each and th•en• the stipulations, agreements, conditions and covenants of said promisson note, and this mortgage, any oreither, and aid cats. charges and expenses. each and e?en•. shall be immediately due and payable. whether or not there be notice, demand, attempt b collect or suit pemling:and the full amount of each amt even, wch payment shall bear interest from the date thereof until paid st the me of percentum perannum: and sIl said c,~:t~chargesatttiexpen,es so incurred or paid, together x•ith such interest. shall be secured by the lien of this mortgage. K. DEFAULT. That fat in the event of any breach of this mortgage or default on the part of the Storlgagor, or Ibl in the event any of said sums o[ morMy herein rrh•rretl b be not promptly and fulh• paid within thirty dt~vs next after the same severally betrome due and payable, x•ithout demand or notice. orlc) in the event each and every, the stipulations, agrtrment_c. conditions and covenants of aid prrtrttisttn• note and chic mortgage. am•oreither. are not duly, promptly apd fully performtd. .ii <chargtd. exeruteel. effected. compleltd, complied x•ith and abided by, then. in either or any such event. the said aggregate sum mentiontYl in said promisson note .h.•n remaining unpaid. x•ith interest ttccruesi, seat all money: str•urtrl hereby. shall became due and payable forthx•ith. or thereafter. at theoption of said Jortgagee. ac r u i 1.• and completeH• a, if a! I of t he aid sums of month, were origi nal ly st ipulattd b be paid on sus h day. am•thing in said promisson• mote, and:'or i n this mongagr to the „arcane notx•ithstanding: and thereupon or thereafter at the option of aid 1lortgagtr, without notice or demand, suit at law or in equity. therebfore. or thereafter t",gun. may be pt•osecuteti as if all moneys secured hereb}• hul matured prior to it_s institution. API'OINTNENTOEKE('EI\'ER-That inlherventthatatthet,eginninytotoratanytimependinycanywituponthisrrartgage•ortoforedoseit.ortoreturmit, and or to enforce payment of any claim. hereunder, said Mortgagee .hall apply to the court having jurisdiction thereof for the appointment of a Receiver. wch court shall forthx•ith appoint a Ktceiverof said mortgaged properq-alt and singular, indudingall and singular therents. inerome, profits, issuesatxl revenuesfrom a•hatecer 4~urce derived, each and even, of which. it being expressly understood. is hereby mortgaged as if specifically set forth and described in the granting and habendum clauses hereof, and such Receiver shall have all the broad and effective functions and powers in anyx•iseentrusted by anturt too Kereiver, and such appointmenishall t,c• made b}• such court as an admitted equity and a matter of absolute right b said Mortgagee. and x•ithewt reference to the adequacy or inadequuy of the valueof the pn,prrq• mortgaged or b the sohencc or insolvency of said Mortgagor and/or of the defendants, and that such rents, profits. income.u-ues and revenues shall be :+pplieel b}• such Keceiver according b the lien and or equity of said Mortgagee and the practice of such court. K. PEKFORJIANCE. To duly. promptly and fully perform. discharge. execute. effect. complete. rnmply with and abide by each and even the stipulations. a;trrements. conditions and erovenants in said promissory note and in this mortgage set [orth- y- FIARI DA ('()NTRA(,T. It is mutually rnvenanttrl and agreed by and between the Mortgagor and the Mortgagee that this mortgage and the note securrti hereby ••,rnstitut da eontrut and shall be construed according b the laws of that titate. - 1 situ 88 ~hcrF .the said Slurtgagor has extrutesl this mortgage under seal on the d and year hert•in fist aiwve written. ~i rtYl. sealer delive - t e p e of• / ~ 1 W•H• DA CAMARA ~ Trustee , tiTATE t)F FI-()RIDA { /I ss. _ t•tn~tiTV of ~~i/i? ~ , RECORDING BOa 13efo~e tnr.peisartally appeared ..~,L ' ~ ~L~ . ~~~•.DA CAMARA , Trustee iItED RHO !'E GU ~ e i ~ - ST.LUCIE CDIJN1Y. A, •,;,+ltjlt?e~Jl kpgx•~d~~f~6)cntn meto}tethe indiciduah~drseriiasf in and tcho ROGER f'OITRA Qxecu thti~+jpregQiM$• iostrument. and acknnwltrlged ttt•fort• me that he CLERK CtRCU1T COUtT exerfiturd lhe~me•f6r~e~turpttses therein exprrsstsl. _ y) c f...._.- J :~_myhand and official seal this 4b~4~2 a~ ~O [x?('l'}IF:NTARY STAMPS '~~:30 ~~f1049 Public in and for y~T~Y pl)g~f C STATE Of FLORIDA AT U1lOCa[ he my and Slate Afor t M mission expires: KY GQh1Al1S51f~N fY91Rf5 /1UI' 21~lj,~ . • 1., I~u c.~rEllAt. ors .1