HomeMy WebLinkAbout0528 To pl~n and contlnuously keep on tha bulldingt now or hersafte~ ~ltuot~ an atd l~nd ~nd on sli equipmant ond panonally cov~red by thl~ matQ~ ~
e~, with •tl pt~mlumi thareon p~W in fu14 tiro tnturant~ tn tho ~wa) uandard poiky form, In s wm •pproved by ths ~MORTGAGEE, snd wiad~tam
(iawwonta M 1M wwl •t+ruJi~-d polky tam, In e sum ~pprovsd b/ ths M4RT(3AGEE, in tuch tomp~ny ot tomp~nte~ a~ th~ MORTGAOE@ msy ~
dtr~d~ ind ail flr~ snd wtndslo~m inavnnce potitib~ cn ~ny oE •aid !wflddnfli, any lnbr~~t Ihtreln ot pe~t Ihe~saf, In the ~ggre9ete wm atorruld or
In •xc~ss tMr~of, ~h~U confai~ th~ usvtl ttanda~d martgapae cleuse or wch o~her ct~u~a a~ ths MorlgtQee may requtre, m~king Iha lost ~nder ~~id pal{~
tia, ~+sh ~nd ev~ry, payabta to tatd MORTGAGEE it~ interest may ~p~ar, and t~th end evory euch poUcy ~hail ba promptly ~ts:yntd a»d dolivered to y
eny t+mld by saW MdRTGAGfE fwtha~ iccu~ity to s~td mortg~ge de6r, and, not les~ iMn ten (l0) day~ ln advence of the expiration of a~ch policy, to dr
(ivK to aid MORTGAGEE a rtnawai th~reof, tosie~he~ with a recaipt for Ihe premium of tvch ranewat~ and the~e ~hsll ba no fire or winds~orm tn~uranca ~
pl:csd on sny of lsld bulldinq~, eny tntera~t tMrefn or psrt thereof, unless In tha form ~nd wiih IM los~ payable a~ etoreiald~ a~d In the evenl any sum
of mon~y bucanes payabla under such policy or policles 1ald A10RTGAGEE ~hall have th~ optio~ io reteive and appiy the same on acco~nt of the indabted-
neu iecvrtd Mnby or to permU a~id MORTGAGOR5 to recetve and w~ It a any part Ihereof tor o~her purpoies, wUhout fhareb~ waiv+~~g or impair- ~
tr+~ any eqviry, Uan or righ~ under or by vtrtve of fhit mor~gagaj and in the evcnr iaid MORTGAGORS ~hall for ~ny teaian fail lo keep tha •aid premises ~o
~ I~sutad, or fatl lo dtitver promptiy any oi sald polkiat of insuronce to iaid MORTGAGEE, ot tail promptly to p~y fully any premium thsretor or in any j
teipect (~il fo per(orm, discharge, ~xecute, effect, complele, comply with and abide by tht~ covenanl, or any part hertof, :aid MORIGAGFE msy place and
pay ta ~uch lnsuronce or sny part thereof withoul waivirrg o~ aftecting any opflon, lien, equity, or right under or by virtue of Ihis Morlgage, and ~he ~
full artwvnt of esch and svery ivch payme~l sfiall be immediately due and payable and thsll bear intere~l irom Ihe date thereof until paid at tha role of
nine pa~ centum per annum and together with tuch interest shal) be secured by the Ite~ ot thit mortgage.
To patm!f, oommit ot suffer no wa~te, impetrment a deterioraiion of ~aid ptope~ty or any part fhartof,
5. To p~y ~il •nd singula~ the to~t~, ch~rfle~ snd expenses, including a reesonabla attorney'i fee end coit~ of sb~tracts af title, ~nc~rred or p~td a1
any ltme by :atd MORTGAGEE, betause or In the event of the failure on ths pari oi the said MORTGAGOR to doly, promptly end fully portam, dischargo,
exetvt~, etfed, tomplete, comply with and abide by eath and every ihe ttipulelions, agreemenis, condition~, and covenantt of sald promis~ory note end thit
rta~tysq~ +ny or aiih~r, and seid cost~, chuges a~d txpanse~, tach and ovary, ~hal1 be ImmEdialely due and payablej wfieiher or not there bs ~otice da
mand, atttmpt to tol{ect w ~uft pending~ snd the full ~movnt o( each and every :vch payment ~hall bear intere~l from the slste ~hereof until paid •t the
rate of nine per «ntum per ennvm; and all said cosli, chargei and exponse~ tncurrad of paid, fogether with iuch (nlerefl, ~hall ba tetuted by tha lien of Ihi~
rtwrtasye. ~
d. 7Fut 1n tM event of eny bresch of thl~ Ma1~efl~ or default on tM part of the MORTGAGOR, w(b) in the ~venl ~ny of eaid sum~ of money i
Mt~in nf~rred to be not promplly snd fully paid withtn thirty (30) dayt next atter Ihe same ~evero~ty btcome due ~nd payable~ wilhout dem~nd or rtotice,
a(c) t~ the ~venf each +nd every Ihe stiputations, ~grevmsnb. conditFon~ and covensnti of said promi::ory note snd this mortgeye any or either are noi
luly, prompjly snd fully performed, discharged, exes~tad, effected, completad, complied with and abided by, then tn eithot or any such ev~nt the s~id ag~ y
preyat~ ~um mentioned In said promissory note tMn remaininy vnpaid, with tntarest ascrued, er?d all money~ secvred hereby, shall betome dve and pay~ ~ r~
~ abtt fathwith, a ihsreafter, at th~ option of said MORiGAGEE, a~ fully and completely ai if ail of the •aid ~ums of money wete or~yinally •tip~l~ted
Io be paid on ~vch day, anylhin~ in :aid p~omi~sory nole or In thi: Mortgays to the contrary no~withstandinyt and the~eupon ~ar thereafter et ths option of
fald MORTGAGEE, without notice or demand, ivit at t~w ot (n equity, theretore a fheresfler begun, may be prosecuted as If sll moneyi secured hersby
had matvred pria !o its tnstitution. s
7. Th+? tn tM avent that ~t th~ beyinninq of or s1 any time pend~~+y any wit upon thls Mortge9e, or to faectos~ It, w to reform It, O~ 10 fflf0lC~ ,
payment of any cl~ims herevnder. said MORTGAGEE ~hall apply to the Court havirty jurisdictton thereof for tFM ~ppointmant of s Receiver, s~ch Covrt, thall w
forthwtth ~ppoint a raceiver of ~atd morlysged proparty all •nd ~inpular, tncludiog all and •inyular the incoms, pro(its. teauei and r~venue~ from wfiatever r~•
wurce derived, ~xh and ~very of which, it bein~y expras~ly urtdor~tood, is Mreby mor~gaged at if ~?ecifically ~~t forth and dasuibed in fhe ynnttnp and
hab~ndv.~++ cl~vus hereof. and ~uch Receiver shalt have all tM txo~d and effectiva funr~lons and powen in anywife entrustesl by a Court to ~ Receirer, and ,
~uch appolntment ihall Fx made by tuch Covrt a: ~n admitted equity ~nd • matter oi •bsolute riyh~ io aid MOkTGAGEE, ~r?d withovl reference to tM
' ~daq~acy or inadeqvacy oi ths v~iw of tha property mortgaged or to the wNency or in~olvency o1 siid MORTGAGOR or Ihs defendant~, and that tuch
r~ntt, profib, (ncoms, tsevai end revenue: :hall be applied by such Receivar accordiny to the lien ot aquity of uid MORTGAGEE and tha practice of fuch .
Court. ~
To dvly, promptly •nd fully prrform, dt~ch+rg+, execute, effed, complete, comp~y with ~nd ablde by eacb and avery the stlp~tations, agreamanb,
caeditiora and coven~n~s in said prorni~sory note srxi Ihis mortgage set forth. ~
9. That in tha ~vent ihe ownenhtp oi tM mortgs9ed premese~, oi any part thereof, becomH vested In s par~on otM? tM~ the MORTGAGOR, tM
MORTGAGEE, iri ~uccauor~ end assiyns, may, withovl notice io the MORTGAOR, deal with ~uch wuef~ w wtcessor in Intenil with rofersncs to thia
i . mort9ay~ and the debl Aereby secvred in tfi~ same ma~ner at with Mortgagor without tn iny w~y viti~tlny or dist~arging ths Mo+tgaport' liabllity herr
E uoder ot vpon the debt hsreby secured. No iale of the prem3scs hercby mortpaged •nd no forbear~nu on 1Fw part of the MORTGAGEE or ih sucte~son
~ or ~~iiyns and no exlens3on of Ihe time for the payment of ihe debt hereby setvred qiven by tho MORTGAGEE or ilt sucutioc~ or ~ssigns, shall operat~ ~
to r~lease, diuMr~e, modify change or afferct th~ oriyinal liability of the MORTGAGOR Mr~in, e1tMr in wbols or in part.
10. 11 Is ipecifically egreed tfiat Iima i~ af ti~e essence of thii tonfract and lhat no wat~tr ot ~~y obliy~tton hereunde~ or of the obliyetion a-
. eur~d Mnby s}~sll st any tim~ thareafter M h~ld to be a waiver ol the terms Aereof or of ihe InitrvmeM ~ecured herby. "
I1. In addition to the taego:ng monthly payments of prlnc:p+l •nd intere~! reqvired by ths promiswry note secvred hareby, mwtgapor covenant•
and ayreei 1o pay to mortgagee with each monthly paymsnt an ~ddittonal ium ettimated by mortya~ce to be eqvsl to 1/12 of the annual coil of the follow• - '
irg:
A-~?I! rs+l property texrs lavied or aue~sed a9ainst ths sbove described red estale. .
~ B-Premiuma on fire •nd windstorm intvr~nu +s hsre+n requ~red to be urried on the improvemsnb tituat~ on the above desuiixd premiu~.
C-Premiums on such mortgage ywranty inwrar,ce a~ mortgagee shall from tima to tlme deern fit to urry on tta ban iewred Fxreby.
Mortysgee shall from time ro time natify mortgsgor in writing af rhe amount due and payibla Fununcler and such wm ~hall therevpon bs dw ~nd
paytbJ~ on tM dve dite of the naxl monthly payment ~nd each successivo month thereaf~er untll mortqsQee thsll notify mortgayor of a chanp• tn wth ~
smount. Such sums :hall be applied by mortyagee toward ths p+yment of real proparty t~xot, ~nsur~nce premivmt, and matgaye yuannfy inw~u?cs
prert?I~mi.
IN WlTNFSS WHfREOf, tF?e said MORTGAGOR hai herounto set hi~ hand and seal 1M day and yeu fir:t ~torttiald.
~ ~Sf9~sad, Sealed ~nd deliv ted ~n ifie preserue of:
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STATE Of fLORIDA ~ •
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. ca,rrnr of G~ . L~~c is • ~
asfa• m. ~rso~.tty .~.and 7 aztd Taq1 Gi' ~nd
C 11'~ f 1 A F_ T,g~pz_ 1~is wrif:, to m~ vwll krwwn aod known w nw to b~
th~ Individwb d~wib~d In ~nd who ~xecvsed th~ forpotnp kutrurn~nt, ~nd acknowtdp~d hffon me tMt tMy ~x~cuted tM sami for tM purp~~s '
.xaK~.a. ~„a r~. otil c~e F. T~l~r -
a?ti. of N,. ~td n,oT Avl ~ upo~ a upu,t• and prlva
~xaminaY~a? by me taRee separate and apart from her aW lwsbse~d, acknowfedged to ind befoa m~ tMt ~he executed s~1d Ir?strum~nt fTetly and voturr
tuily uxi without ~ny compulfion, corutr~int, spprehewion, or te~r of or from FNr said hv~band.
WITNE55 my F»nd +nd oifkial ~eal thts day of NovAmhAr y/1. D. 19~ .
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~ry P~blk M~nd for 4ht Stat~ of FUo~id~ ~t Lotp~
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wu F.d~l~sa~e'rUi~M,~ Lou+ Aswctatton ~tY ~bNc~ State ~t Florrl+~ at L~rRe
~ f 1LED ANQ ftE~O~D~ My Commission Ex~~res Mn• 4. ~9~ .
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