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HomeMy WebLinkAbout1366 ~ ' + ~ . t`` . To pl~a a~ conNnvowlY keep os~ ihe bulldinq~ now or htreaNe: ~ituate on uld I~nd snd on all eqvipmenl ~nd pertio+»I~y covtrtd by ihi~ morlg~ ps, wlth •II p~emlu:ns iha~eon paid In ful~, fire insut~ncs In tM wual itsndard policy fo~m, In ~ tum approved Ly the MORTGAGEE, ~nd wl~d~torm Msvreese In 1M u:uai il+nd~rd policy fam, ln ~ wm •pproved by ths~ MORTGAGEE, In tuch compsny or comp~niss as tM MORTGA(3EE ma~r ° dk~ttl and ~tl ftr~ and wiad3torm in~urante poltc7es on any of ~oid build~ng~, any Interesl tl?eretn o~ part tl?eraof, ln ~ha aggrsgete sum ~toreseFd or In ~xcts~ tM~~of, ~11 conuin th*.v~wl standard ma~gi~es ctause cu such o~her clau~~ ihs McvlQagea may requirs, mdl~ tM loet undet ~sid potN tiK, ttch ~nd svtry, psYabl~ M iaid MORiG/1GEE e~ its IntereH may appesr, and eath and evary ~uch poiicy shall be promptty e~~;yned and delivired to ~roy hald by ta{d MORTGAGEE ~s furlher ttcurity to ~aid mortyage debt, ~nd, no? let~ tMn ten (10) day~ In advance of tha ~xpiratio~ of each polky, to da Iivtr lo aW MORTGAGEE a renawal therwf, togethet wilh a re~catpt for the premium o! such tenewal~ and tht~e thall be ~o fi~e or winds~arm inwrance pl~t~d on any of teld buildingi, any intere~t thtrein o~ pari theroof, unlass in the fotm and'w11h ths loa paysbls ai atorosaid~ and tn the event any +um of money bacome~ payable under such polky a policivi said MORTGAGEE shall havs the option to recaive aod epply Ihe same on account o( the Indebted- ~xtt saurod hareby or to permit tald MORTGAGORS lo receive and uas il af any pari thereot tw othet purpo:es, wi~hout thereb/ watvL~g or impair- Iry ~ny eqvity, Iten ot righl undar or by virtue of thlt mortgaqej and in ihe avent ~sid MORTGAGORS ~haN ta any roato~ f+il to keep 1he •aid premiic~ so Miurod, or fai) fo daliver promptly any of ~ald policle• oi Insurante to •sid MORTGAGEE, or fail promp?ly to pay tuliy any premium the~efor or in any t~spect fail to perform, discharge, txetvte, sf(ett, complete, c!+mply wiih and ~bide by thi~ covananr, a•ny part hareof, ~aid MORTGAGEE may pl+te and pay tor :uch Uw~ante or any pui thereof wi~hout welvioy ot affeciing •ny opHon, Ilsn, eq~ity, or ~ipht under or by W~Iue of Ihis Mortqafls, t+nd ihe tull amount.of each ~nd every iuch payment ~hall be immediately due and payable +~d ihali bea~ intera~t (~om the dats thereot urtil paid a1 the rot• ol nine per cenium per annum and together ~nith evsh intere~t ihall be :ecured by ihe 1lan oi ihit morigage. ~ 4. To permlt, commit or wFfsr no wast~, lmpairm*nt cx drterioration ef •aid proparty ar any paM iMreof. .:y 5. To p+y ~Ii and s~n9uler ths co3t~, charget and expenses, includiny a reasonsb!e attorney'~ fee and coslt of ab~lrocl• of title, i~curttd or paid •t ~ny ttme by said MORi(3AGEE, bsuvie a:n the evant of ihe failure on the part of the said MORTGAGOR to duly, prompily and fvlly perfotm, d~uharg~, . sxetut~, etfect, complate, comply with and abide by each and every the stipulatio~~, agreeme~ti, condiUons, snd covenanti o( taid promi~sory note and ~hts ~ morty+q~ any w eiMrr, and said cos», chargec a~d expenses, each a~d evary, ihall be tmrtxdiately du~ and p~~ableJ wheihet a not tMre be notice de~ rtund, attempt to collQCt or ~uft Qe~dingt and the iull amount of each and every tuch payment ~h~ll baa~ intere~t from tM d~t• tlareof untll p~id at th~ , ta~e ot ntne per centum per amiuml and all said coals, charge3 and expensei tncurred or paid, together w~th ~uch Inte~~~t, fhall be wcured by 1M lien of 1hU mottya~~. 6. That (a) (n th~ ~ven1 of sny bresch of thts Mortyap~ e~ dnfsult o~ ths part of the MORTGAGOR, or (b) lo ihe event any of taW ~uma of rtw~ey . har+~tn ?tf~rrsd lo be not promplly and fully paid within thirty (30) days next after the •ame seve~ally Fxcome dua and pay+ble, withovl da~nand or notice. or (c~ in tM av~nt eath and every ths stipulallau, a9rsaments, conditlons and coven~nt• of iaid promiswry nota and thi~ mortfl~9~ any or tlther ~re nal firly, ptomp~ly ~nd fully {kr(ormed, discha~9ed, executed, affedad, completed, camplied with and abided by, 1Mn tn eithet w any wch ~veM tM uid ay~ preyat~ wm m~ntioned In u1d promissay nole then remaininfl unpaid, with Interosl sccrued, ~nd all money setund hereby, shell betome due and p+y- ~ ~ble forthwit h, or theresfter, at thi option of ~aid MO'RTGAGEE, as tully ard completely ai It all of the wid suma of money wart, aiytn~lly •ripul~ted ; fo be paid on ~uch day, anythlny in said promiasory note or In this Mutgaqe to tM contrary no~withstandin9~ •rtd Ihsrwpon or thertafter ot ths optioe of ~sid MORTGAGfE, withoat notice or damend, •uit et law or in equity, therefore or thereafter lxyun, may bt prosecuted a~ If ~I! mo~eys tecured hersby f~ had mawreii pr'wr to ib Institvtion. ' ny y nfl po~ g~ge, or to foraloa it, or to nfam It, or to anfora 3 ~ 7. That tn tM ave~t that af the begtnnt oi or ~t •n tlme Fend3 any ~uit u this Mort paynxnt of a~y clalmt hs~eunder, satd h10RTGAGEE shall tpply to the Cour1 hav(ng (urisdictlon thereof for the appointment of ~ lteceiver, ~uch Court thsll ~ fathwith sppolnt a rxeiver of ~ald mortgaged property sll •nd st~ul+r, irxlvdmg all and sinyular Ihe income, pro(its, t~ives snd ravenuet tro+n whateve? ` 1 wvru derived, exh +nd every of which, it beirp •xpressly ~nde?:~ood, ii hereby mortgsged u if spacifially aef forth ~nd desuibad !n tM qrsmtnq and ; Mbendvm clwsa hsraof. and wch Recelver slull haw •It the ~road and effative functions end powen In anywise entrvsted by • Court ro• Receiver, ~nd i'` wch appolNment thsll be m+de by iuch Co~rt ~i an admitted equity and s matter of absolu?e tiyht fo said MORTGAGEE, end wUhout roferanc~ ro tM ; ~deq~scy or leadaqwty oi the vtlw of the propHty morty+ged or ro the wNency or tniolvency of uW MORTGACaflR or 1M defendants, ond that ~uch q. 1 rrot~, profits, lncort», iuves +nd rwenue~ ~hatl bv applied by ~uch Recelrer accordinq to tha Ikn ot ~q~iry of iaid MORTGAGEE uid tM prsctice of such : r . CouR. . s. To dvly, promplly and fully p~rform, diuharys, execute, effect,tortplete, comply with snd ~blds by tach arid ~very the stlpul~tiont, agreement~, ~ condiltor?s snd covenaett tn taid promissory ~ote artd Ihis mortpsg~ tet forth. ~ 9. That M th~ ewsnt tl» ownarihip of the mortgsged premi~es, or any part thereof, betome~ vssted tn ~ ptnon other 1Mn iM MORTGAGOR, tM ~ NIORTGAGEE, ih wcussors ~nd ~silyn:, may, wiifiout notice to the MORTGAOR, deal with ~uch succeuor a successor In inferest wilh reference fo ihli mwt9afle snd the dcbt hereby tecured tn tM sams manner a• with hlortgagor withoW In ~ny way vitiatlnp or diuhupirg the Mortyegors' Il~bllity Mre und~r a upon th~ debt her~by cecured. No ule of th~ premixs hereby mort9agsd ~nd no forbearanu on tM pan of tFa MORTGAGEE w It~ ~ucce:wr~ or autyr?~ and no ~ztensTon of the time iw the paymsnt oF Ihe debt here6y ~ecured qiven by fM MORTGAGEE or if~ suttessors or atsi~ns, ~ha({ operat~ { Io ~eleau, discharye, modify chs~e or affect tfk original Ilability of tM MORTGAGOR hsr~ln, either ir~ wholt or ln put. ~ ~ 10. N t~ apecifically agreed thst tirtu I~ of the e~sence of thti contract and thsf no welvor oF any obll9ation Mrevnder or of tF?~ obliystion ir, ' cund 1?ereby ihall •t ~ny Nms thereaftet 6s held ro be ~ waiver oF the terrru hereof a of ths (rutrvmant secwed herby. ` I1. In addition to the forego'.ng monlhly paymenta of princ:pa) and tntereet req~ited by the promissory ~olo tecurad t~eraby, mwtgagor tovenants snd agreei fo pay to mortgagee wilh each monihly payment an addirional svm es~imated by morlgagee to ba equal to 1/12 of tM annu~l coit of the follow* : i ~i ~ . i•~ : A-AO real property hze: kvied or a~sessrd ay~inil the abave desuibed real estate. ~ B-Promiums on fire and windslorm inautance ss herein requ~red io be carried on the tmprovementi ~ituale. on the aheve detctibed ptemlut. g - C-Prsmium~ on such mortgaye gwronty tnsurence as mortyagea shafl from time to time deem fit to urry on rM Iwn secured h.r.by. ~ Mortgsgea ihall from time to time notify mortgegor in writing of the amount dve and pay+ble hereundar snd iuch wm shsll therevpon be dw ~nd . j pay~bla on the due date of the ~ext monthly payment and each svccessive month there~fter until morlgagse s}wll notify morlp~gor of a chanse In wch . ~ ~mou~t. Such wms sh~ll be applied by mort~ayee toward tM paya+ent of real property taxe~, lnsuranc~ pr~m(umt, and mortyage yuarantY Inaur~nu : premiwn~. IN WITNESS WHEREOf, th~'aW MORTGAGOR has herouroo set hit hand and eea! the day and yNr ftr~t +foreiaW. ~ . ' Sipn~d, Ifd deUvK I~ tM pre~~nci of~ " ~ ~ -.d') ~ . ~ _ ~~Q• . ~ ~ 1 i~ ~ ~ . . - . STATE OF F1.~06ttaA - . - ~ - i . " ' . . ~ COUNTY OF 4 t, T.v n~ A ~ . : } . ~ bsfon erw p~rwnally app~arsd ~81~ 38~~ ~ - ~ ~ ! d` Bett~Te~n Selrh • hh wifi, w rr» vwll krwwn ~d known to n» to b~. • . tM kKpvadwh dacrib~d In :nd who ~x~cut~d tM forpoir?p kutrwn~rst, and acknowl~dp~d btfots m~ tMt tl~y ~x~wt~d the ~artM fot tM pwposts " ~.a,.~.....d. Ma n,...~a Bett~? Jsan 9elph . wif~ ~t ..b _ P eul 3e lph ~ Sr . , , „Q,~, , ,~,d ~xamination by m~ t~k~n ~tpuate and apsh fram F~ atd husbs~d, acknowledged ro•nd befon m~ that tM ~xscuf~d al~d in~t~t frs~lr and voiun~ - } s ta i ly a n d wi t h o u t a n y c a n p u l ~ i o n, c o r a t r a f n t, a p~ x e h ~ r u i q ~ y o r f~~ r o f o r frvm F~er aW hualund. - i ; : ~ WITNESS mr Mnd uid affkisl Nsl thl~.. t.~' s~ day of ~ A. 0. 19~. .~t : NWsry Pu M and for tha Slat~ of florida at I.arQ~ ~ay i«? .~.u ' ' ~ ~ . R~~ Toe ~ktion NotarS! PubMc, $tah ~ F'IOrWa i! ' ~ ~ ~ , - ~ ~ OM..y,.,~Commfsrs..io,~R.~,E.~x,p~icrs..s- !lu . 6, 19y6 . . . ~ . 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