HomeMy WebLinkAbout1096 Md ~atd Morty~pon, (a thamfalw~ and 1b~ir Mk~. I~fl~l tapr~~a~t~tiva~, wcu~ur~ ~nd utiqn~, husby ~olntly and NwtaUY covsnanf ~nd sprN
fo an~ w11h Ihs t~M MORT~'iA~+EE, (n ~ucassors and ~ulpru:
1. To p~y ali •nd ~fnyuitr tha prirKips! and Inte~ut and th~ varlou~ ~nd •undry ~um~ of monsy p~y~blo by virtu~ of aaW proml~eory not~, and thii
mortpafl~, ~uh nnd ~very, promp~ly on ~h~ d,y~ ~s~peaiv~ly ~h~ ~im~ t~wr~lly b~com~ due.
2. To p~y ~II and ~ingular tfie t~xes, assst~mant~, I~vit~, Ii~bllitie~, obllgatlon~ •nd ~ntumbr~na~ o( ~v~ry n~tur~ ~nd k~nd rtow on tald dsacribsd
ptopatty, or that h~reaittr m~y b~ imposed, ~uft~r~d, platd, l~vitd, or ai~+~sed tMrean, a ihat Mn~it~r m~y b~ i~vlad a ~t~su~d upon thl~ MortQ~
~9a, or t}k lndebtadnui ~ecvred h~r+by, ~sch and ~very, whan du~ ~nd pay+bl~, accord~nq to law, bs(ar• they Mcom~ deltnqu~nt, and b~fon •ny tnt~r~~~ ,
atucf»~ w any penelly i~ intu?rsdj AND INSO~AR AS ANY THEREOF IS Of RKORa THE SAMf SHAlI BE PROMPIIY SATISFtED AND ~iSCHAQGED OF ±
RECORD ANO THE ORIGINAt OFftC1Al DOCUMENi (SUCH AS, fOR INSTANCE, TNE TAX RECEIPf OR THE SATISFACTION PAPER OFFICIAIIY ENDORSEU ~
OR CERTIfIED) SHAII BE PIACED IN TNE HANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT, •nd (n the evtnt ~hat ~ny tha~eof le not
patd, uY,died •nd diticharged faid MORTGAGEE may at +~ny time p+y the :ema o~ any part the~eof without w~ivinp or •ffettinq •ny npqo~, Uen, ~quity or
.iyhl u~der or 6y virtue of ~hii mo~tg+pe ~nd ~he iull amo~nt of each and every svch p~yment ~h~ll ba immediitely du~ and payebl• snd thell be~r InlereU ~
~rom the date thereof unlil paid r~te of ~{pht pe~ c~ntum par annum and to9elhe~ with ~uch (ntere~t ~h~ll be tecurtd by the Ifen oi th:• morpuya. ~
To pl~ ~nd eonttrwou~ly k~ap on tM bulldtnpi now a Mnafl~r ?Itu~to on sdd I~r+d ~nd oe~ att rryutpemnt ~nd parson~lfy eovu~d by MI~ mortq~ '
wlth ~II pnrnlvm~ IMr~ p~Id tn full, flr~ Inwtanu tn tM usva) stand~rd polky fum, In ~ cum app?ov~d by Ih~ MORTGAGEE, snd wlnditotm I
ln~w~no~ In thf u~wl ~tand~rd poliry (orm, !n • wm ~pptov~d by tho MORTGAGEE, In wth company or tomp~ni~~ as ttr I~WitTGAGEE m~y #
dlrsct~ ~nd all fka ~nd wtnd~tam Inwrana pollcl~s on a~y of ~atd bulfding~, .ny Int~r~~t th~r~ln a parf thereof, In tM ~4yr~pats fum ~tar+~sld or
~ tn ~:uu iMr~of, sh~N cont~tn t!» v~w! •landsrd matpay~ dw~a or ~uth o1Mr cl~~p q IM Matyi9~s may nquin. m~klry tM lo?i w+dsr •~id poll• ~
~ tNi, ~ath ~~v~ty, payabla b aW MORTGAGEE a It~ Mt~rat m~y app~ar, and ~~ch ~rx! tvtry such pol(cy sh~lt b~ promptly •t~•Qn~d ar?d d~livend to i-
~ny M{d br NW MORTGAGEE u funh~r ucurity ta ~atd mor~qap~ debt, and, nof kas th~n t~n (10) days In sdwnce of th~ ~xplralion of ~uh policy, to d~ t
Uva to a}d MORTGAGEE a ~tn~w~l tMrw(, toqNMr with a ~~alpt (ot tM pr~mtum oi ~ucfi rtn~wal~ ~nd th~re ~hall t» no fit~ ot wi~d~twm tnwrsnc~ i'
~ ptaad a+ ~r+~r oF aW butldlnp~, ~ny intar~st fM?~1n or p~rt tMr~of, vnlea~ tn tM (orm ~nd wlth tM lo~~ pay+bla ~s afaet~ldj ~nd In tM ~v~~t sny ~um
of mon~y b~com~t payabt~ under avth po!!ty or policl~i tald MORTGAGEE ~hall fiav~ 1M option to trcetve ~nd apply th~ s~me on account pf tM indebt~d~ i
t nru wNrtd M~~br or fo permit uld MORTGAGORS fo realve and u~e N ot ~ny parf thersof for othar purpoi~i, wi~hout thereby w~iviny a 1mpalt• l
i ~ {rq ~+y pulty, Il~n or riyht und~r or by v~rtw at th(~ mortpsyeJ and tn tM svant ia~ MORTGAGORS ~hall 4ot ~ny r~a~on f+l1 to keap ths uId pr~mite~ ~o ~
~ Iruvrtd, or f~ll to d~liver prompily ~ny of sald policla of tn~ur~ncf to •~Id MORTGAGEE, or f~ll promp~ly to pay fully any premtum thecefor or in •nr '
n~pM f~Il to p~rform, discharp~, ex~cute, •fiecl, compl~t~, comply wtth and abtd~ by thti cov~nant, or •ny part hereof, sald MORTGAGEE may place 'and j
paY fa e~ch t~aur~na or any part therwf withoW witvlnp or affectiny •ny optien, ilen, eguity. or rlyht und~r a by vt~w~ of thls Maty~ya, ~nd tM
~ firll a+»ounl•of ~ach u?d avsry ~uch ~?ayrtknt thall b~ tmm+dlatsly dw +nd pyabts and shall k?~sr lnternf from tM d~te ~herw( untll pdd •t th~ rat~ ot
. nlrw pu c~ntum per mnum and toyether with ~uch tnt~roit ihalt ba trcurad by ths li~n of 1hDi matp~q~.
; I. To p~rmtt, oommtt or wfft~ ~o we~t~, Imp~trmatit ar d~t~rloratlon of sald prop~rty or any part tMr~of. _
~ S. To piy •U ~nd Nnp~~~r the catt, ct~srpea and ~xp~nHi. Includlr~y ~ rauonabla attorn~y'~ f~a ~nd co~t~ of ~b~tract~ of 1HI~. Incurr~d a patd ~1
~ ~ny fkn~ by ~aW MORTG/4GEE, b~t+us~ o~ le tM ~v~~t of tM tellur~ on tM ~.+n af tM s~ld MORTGAGOR to duly, promp~ly end fuNy p~r(orm, dtichuq~
~x~cvte. ~ff~ct, compl~t~, comply with •nd abtd~ by •~ch ~nd ~wry tM ~tipulaHoru, ayre~menn, tonditlau, ~nd oowr?~nn of uW promiswry eo» end thlt
; ~nwtQsp~ sny or ~I~hsr, and raid coits, ch~rph u?d ~xp~nH~, eich ~nd ov~ry. ~h~ll k» Irnmedtat~ly dw ~nd pay~bl~~ wMthsr or rtot thtr~ b~ natk~ dr
mand, ~tttmpt fo collect or ~ult p~nding= ar~d tM full amount of ~~ch and ev~ry ~uch paynunl stKll bear tnt~re~t from th: date 1Mrsof untll pitd ~f tt+~
i. rat~ of nic» p~r centum per ~nnumj and all s~id co~t~, chara~~ ~rtd expsnsa inc~rr~ or psld, to9ether with iUCh Inl~rat, ~hall b+ ucund by tM (t~n of thia ;
°»ort0~• t
j 6. Ylwt ln ttw w~nt of ~ny brtach of tfil~ Mortpa~,~ ot default on thi put of tfi~ MORTG/1GOR, or (bf tn tt» tv~nt ~ny of Ntd wrtu of mon~y
~ Iwrt~n r~fwr~d to b~ naf promptly and f~lly patd wttht~ rh~?N (30) d.ys n.xr .h•r ~M ~.+n. uvnlly b.c«n. dw and payabi~, withow dtmsnd or notkt,
j or (c~ In !M w~nf ~ach ans! ~very tt» ~t(pul~tiora, prNm~r?n, condHions and covmanh of uid proml~wry r+ots ~rtd thi~ monpp~ ~ny a~1tMr •r~ nq
luly, promptly and fully p~riama~d. dt~charQed, ~xet~t~d, ~ff~ctad, corr?pl~t~d, compli~d wtth ~nd abWfd by, tMn ln ~itMr a sny iuch ov~nt tM aid ~g
prpat~ wm m~ntion~d In Nid promlR~ory rat~ th~n r~malnlr+p unpold, with Mt~rat accrwd, end dl moneyi Kcur~d h~nbY, ~MII b~com~ dus and p~y~
~1~ forthwltly a tMr~afler, at tM optlon of safd MORTGAGEE, a~ f~lly ~+d compl~t~ly a H dl of tM said weu of mor+~y wtr~ oriptnalty tttput~Nd
ro b~ peid an wch day, a~ythlnp in s~id promtstiory not~ or Fn thh N4ortysyo to tM eorttruy eatwlthstandinp~ ~nd tfierwpon or tMn~hK al th~ nptton of
s~td JNORTGAGEE, without nofks or d~mar+d, wlt ~t law ot In aquity~ iFllff~Off Of 1~}HfN}tff ~Yfl~ R1iy M PfO~KY1~ ti If dl mon~yt Ncund Mnby
i I+ad mahx~d prior to Iri Inatit~Uon.
7. That In tM went that ~t th~ bptonlnp of or at ~ny ttme pendinp ~ny wit upon tht~ Matyp~, or to fa~claa 8, w fo nform It, or to ~nforo~
pwyr~f of any ct~irtu h~revndrr, wid MORTGAGEE shal) apply fo t}w Courl h~vlr~p ~wkdistion tMrwf fo? th~ ~ppoimmant of • Ratelwr, wsh Couh shall
forthwlth ~ppoint a ne~lver of said mo~ty~gfd prop~rty ~II and ~In9ular, Intludirp all aod Nnquls~ th~ Ineomr, proFit~,. bwa ae~d r~vtnws hom wh~t~vK
wurc~ dsrived, ~ach and ~v~ry of which, i1 b~iry •xpr~ly undentood, ie Mr~by ~r~orty~d a 1# ~pecifk+lly Nt forth ir+d dauibed in tM prantlnp ~nd
~ hab~r~rrn cl~v~ harwf~ !l91~ fUCF1 RKfIYf~ thall hav~ ell tl» broad and ~tf~iv~ function~ snd powors In anywis~ ~ntr~st~d by ~ Court to • R~celv~r, ~nd
` wch sppolntmsnt ~II b~ mad~ by such Covrt ~s ~n ~dmitt~d equtty ~nd • mattK of ~!»ol~t~ tiyhf to ~atd MORiGAGfE, u?d wlt}wut rifainp to tM
' adpuacy or Inadrquscy of th~ v~fw af tM propKty mortysyad a to tM wtr~ncy or tnwlwruy of ukd MORTGAGOR a tM d~fendanta, and that such
r~n», profits, Incort», fuws snd nvenws ahall bo ~ppli~d by ~uch R~utv~r accordinp to tM Il~n or oquity of said MORTGAGEE ~nd ths practic~ of such
i ~OyA, •
e. To duly, promptly and fully Qrrform, discMry~, execvt~, ~ffect, eompbt~, comply with ~nd iWd~ by ~~ch aod awry tM ~tlpulatto~?~, prNmMh,
i condttlart~ and cavanants In aid promiuory not~ ~od thl~ mottpsye wt forth.
j . 9. TI»t In tfis wens tM ownrrshtp of th~ mortyp~d pr~mfsM, or any part tMr~of, 6~oome~ w~t~d In • perw~~ otMr th+n t1w MORTGAGOR, th~
MOitTGAGEE, ht successon and aalyns, may, wHhovt notka ro tha MORIGAOR, ded ~ with o~ch suaraot or wtcefwr 1n internt wltb ~tfx~nc~ to Mla
: enonpegt and tM d~bt hereby ~red In th~ i~ms n?ir~ a wlth AAortyayor without tn ~ny w~y vNi~ttnp or discMrqlnp the Mortq~yon' Ilsbllitr har
; tend~r or upon tM d~bt hsr~by s«ursd. No s+l~ of tF» prwnl~ MrQby mortp+~~d and no tab~+r~ne~ a+ tM pan of tM MORlGAGEE a ita sueanaon
' or aalqrn ~nd no ax?~nslon of th~ timo for ti~e p~rment of tM d~b1 her~by secured yiven by the MORTGAGEE or 1» wcaswn or euiQno, shall opw~t~
. 1~ t~kw~, distFrr~, modifp chen~ w~ffM tM oriyinal Itabllity of tf» MORTGAGOR Mr~1n, ~ItMr M whois or In paA.
~ 10. It b spscifkally aprwd that ttm~ b of th~ asa~nu of tfiis wntract and tF?st no wdwr of any obtipation iwrwnd~r or of tM ob(Iqatbn c~•
w~.d h.r.by .h.~i .r,y ~~,e rMr.•her Mld to b~ a walv~r of tM t~rms benof or of tlw irutrwnsnt secured h~rby.
! 11. In additlon to tM fonyoin~ moathly p~ymrnti of pr[nc pal ~nd tnterett rtqvired by tM ptortiawty not~ saturod hereby, rt+oriypor tow~anir .
~ ~nd aqrNa to pay to morty7ape~ wtth ~ach montfily p~ym~nt a~ ~dditlond sum „timated by mortycgee to b~ equsl ro 1/IZ of tM ~nnu+l cat of tM follovw
r Y~pi
} A-All r~sl prop~rty f~xn Itvkd ar •sHSatd iyatnsl tl» ~bov~ d~ibed raal ~st~t~.
6-Pranlums on fln and wlndstorm tnsur~~a u her~tn rp~ir~d to b~ urrlod on tM Improvt+nsnt~ ~itu+t~ on tta ~bov~ d~st+ibed pnmlfet.
t C-Prtmfumt on uxh martyeg~ qu~r~nqr irtsurar~co p morty?pe~ ihall from ttmr to tim~ de~m fit to cury o~ th~ laan acurd bsroby.
' MwtppN slwll from tirrM to tirr?~ notify morty+yor ln writiny of tM •movnt dw ~nd payabl~ hereunder and iuch wm shall t~,~rwpon M dua u~d
i p~reW~ on tl» dw dato of 1M ne~ct monthly payn»nt and ~ach ~ucc,ouivs month tMnah~r until mortyasee thall notify mortp+QoP of a cha+~p~ b wch
M++ount. Sud~ ~wm ehaN br sppli~d bY mor'rq~ee toward th~ p+Y~'+~~.,ll.e~.~~m t~x~~. Ir~wrs+xo prKr?ivm~, Md n?utps~ gwr~nb M~+~anoer
~L ~ ,
IN WITNESS WHEREOF. tM sald MORTGAGOR has harwrsto Nt hb hand ~~d s~at tM day ~od yrar fint ~ na .
-t S6~ewd, S~al~d arid d~IfvK~d In tM pr~e~ ofi~) ~ ~O lJ~~ l ' .
~ ~ ~
i ~ L4~~~i: ii :
. ~O~K
. - A
~ 1964 DEC ~ 1 PM 2: 41 p
=TATE Of RORIDA R p~.~p~j 1 A~ CI~RK
°°'"~"r ~CI ~0 R 10 ~
.
~ sdon ±a~ v«soMlb +vp~+r.d " ' «~d
~ MARY . F~' IVER JAL.` SK~ON t~. wff~, w n,. w~f~ kno~ .na ~o n~. 9o b.
f ~d ~ ,
ra. idlv{a~.~. dncw.d M.r+a who .x.wr.d th. ra..poi~q Mu~wnwa, .na .skno~wl.ap.a b.far.t n~. th.t tra~? .x~we.a tt~ di~ln.~'AM,~erp°"'
. Ilwr~ ~xp~~d Md t!a `
' wih d N+~ sNd •
i- ~.and+»ttoe b~? n» tabn Np~Nr and apirt fran h~r ~aW hwband. ~d~rwrrl~dgd to ~nd b~fo+r~ mr tMt ~M Ncatuf~d Vld , trQ+i+t~~~
1rsUy M~d wlfhovf arry tomix+bfa4 taMtr~trM, ~PPnl~eaion. ar f~.~{•~rrbpjn h~r ~ald Fwsband. : • ~ .
, , .
WiTHESS my h~e~d ind otfkfat ew! thk .L dt1'~' o~=~-"ae~1' Q~~' 19~.
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? R~twn Ta ~ ' . ,(i S NotuY Pu6i~~r~ ~~~qtt~ +t ~
aeta.w. ?+d.r.1 sv,ri~. t ~?..4c+.K.. ~ , ;
~ ` ~ , . y~ ~r tommi:sio+~ txpu~r~'s Sepl. 2~, 196Q
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