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HomeMy WebLinkAbout2329 • 3. So place and conilnuously kaep on Iho bu(Iding~ now or hareafter ti~vate on ~atd land ar,d on nl~ equipmenl •nd pc~nonally <ovared by iht~ morly ' a~e, wi~h s!I p~emlum~ thercon pa~cf in tutl, f~~e i~~suronce in the usval standard policy (orm, i, a s~m approved by Iha MORTGAGEE, and windtto:m ~ Imursnte (n ihe uw~l ~tendard pol~cy lorm, in e ~um approved by ~he MORTGAGEE, tn such <ompa~y ar campan~e~ as ths MflRTGAG:E may ~ direcl~ end atl fi~e end windtitorm insurancs policie~ on any o( seid buildings, 4ny inlsre~t therein o~ part thereof, in ~ha aggre9ate eum atoresaid or In sxtest Ihereofi, ~hall contain tha u~~al standard moitgac~ea clauso or tvch olher tla~se as Ihe Mortgagea mey tequira, making the loss ~nder taid polh des, e~ch and overy, payable to seid h10RTGAGEE a: ~ts i~terest may appear, and each and avery tvch policy shal! be prompliy ais-gned and delivared to ~ny hald by uid MORTGAGFE a3 furtha~ sec~rity to said mortgac~e deb~, and, no1 less than te~ (10) day~ in advance of.Iha expirotlan of each polity, lo de~ Ifv~r 1o seid MORTGAGEE a tanewal thereof, together with e rcceipt tor the premium of ~uch ranewali and lher@ thail be no liro or windstorm tnsvr~nte pl~c~d on any of ~aid buHdings, any i~tere~l iheroin ar part thareof, vnless In ~hr loim and wi~h ~he los+ payable es aloresaidt and tn the event any sum OI mon~y betames payable under such policy or policies taid MORTGAGEE thall hav~ Ihe option to recaiv~ and apply Iha teme on atcounl of Ihe Indebted• Mts tecuttd hereby or to pe~mit said MORIGAGOR$ lo receiva and ufe fl ot any part thereof 1or other purposes, wi~hout Ifi.~rb~ waiv3ug or ~mpain in9 any ec~uity, (ien or right urxler or by viriua o( this mortgage; and in the event wid A1~RTGAGORS shall for any reason fail to keep 1he teid premiset ~o ~ Insured, or fail to delivar pro~nptly eny of eaid policies ot tnsurance to wid MORTGAGEE, or (ail p~ompily to pay (ully any premium Iherefor or in a~y retpect (ail to perfam. discharge, execule, eftect, comptele, cornpty with and abide by this covenant, or eny p~r? hereoi, said MORTGAGEE may place ~nd pay ~or ~vth ins~?ants or iny parl thereol without waiving or atfecttng any optiori, lien, equity, or riflht under o? by virtue of Ihi~ Mwtg~ge, tnd Ih~ tull ur,ount oi each ~nd every such payment shall ba immediately due and peyable and thali bear interesl from tho data thoreof until paid at the rats ot otne per centum per annum end toyether with such interest shal! be sec~red by the lien o( Ihis mortgage. I. To parmlt, commlf or su(fet no was)e, !mpairment or deterioration of :aid prope~ty o~ any part Iheraoi. • S. To pay a!1 and singvlar the sos?s, thnrgei and expense~, lncluding a reasonable altotney'~ fee and tosls of abflt?ct~ of title, Inturred or peld •t ~ sny Uma by iaid MORTGAGfE, because w in ~he evant of Ihe iailure on the parl of tha said MQRTGAGOR lo duly, profiptly and fully parform, d~tchsrge, z •xetvte, atfed. tomple~e, compty with a~d abide by eaci~ and every the ~tipulalions, ag~eomen~s, condiliont, and covena~t~ o( •aid promiifory nola and thi~ mwtQay any or either, and aaid costs, charges and expenses, each and every, shall ba immedia~ely due and payable; whather or not ther~ be nolice do- mand, •tltmpl to tollett or ~uit pendingj and the tull amount of each and every such payment shatl bear (nteret? fram the dets thereof untll p~ld al IM ~ rate of nine per centum per annum; and all faid costi, chaiges and expenses incurred o~ paid, ~oyaiher wiih tuch tNerest, ihatl be ~etyle~ by,1M lien of thil rt?orfpoye. . - - ~ 6. Thaf In tha evenl af any bresch of thtti Mortgago or default on the parl of the MORTGAGOR, or (b) in the avent •ny o( •aid wm~ of monay hantn r~ferr~d to be no1 pranptty and fully pald ~virhin thirry (30) day~ noxt aftvr ~he ~ame ~everolly becane due and payabl~, without dsmand or notice, or tn the av~nt eath and every the stip~lallons, agrcementt, cond~tions and covenants oi said promissory note and lhii mortgaye any or eilher ~re ~ot luly, promp~ly and (ully pertormed, d~schnrged, ezetuted, effeaed,- comple~ed, complied wilh and abided by, lhen in eithe~ or any such even~ tM ~aid ep~ pre9~te t~m men~ional in iaid promissary no~e thea remaining unpaid, with in~erest accrued, a~d all moneys secured hsreby, shall become dus and pay~ ~ able forthwith, or thereailer, at tha option of said MORTGAGEE, as ful~y and compteiely as I( all of the said sumt of money were origin~lly slipul~ted - to be pt+id on ~vch day, anything in snid promissory nofe or in ihis Matgaga to the contrary notw+th~tan~dingl end lhereupon a Ihere~ft~r a1 Ihe option of ~~ld MORTGAGEE, without notica or demand, suit at law or in equity, therefore or Ihereatte~ begun, may be prosecvted as lf all money tetwed herevy ~ ' had mawr~d prior to its inatitvtion. , ~ 7, Tha1 ln the avent that at Ihe beginning of ur at any tima pendi~q any iuil upon tht~ Mongage, w to forecto~s i1, ot fo reform It, or to ~nloit~ ~ payment of any clalm~ hercu~der, ~ald MORTGAGEE shdll apply lo the Covr1 having jurisd~aion therco) tor the appointmem ol ~ Raeiva~. wch Covrt ~h~ll ~ (alhwhh eppoinl a ro[eiver of said mortgaged property all and singuler, intluding al) and singular tha i~come, profils, Ltusi •nd rownuet trom wfiatewr ~ wures dtrivad, each and every of wh~ch, it beinq exp~euty undentood, i~ hereby mortgaged a~ ii ~pecilicalty ~at (ath and dattribed tn tM yrantiny a~d ~ habsndvm cl~usss hereof, and such Receiver shall have all 1he broad and eftec~iva tunctions and powErt in anywisa entrusted by a Cour1 to • Recslver, ~nd ~ svch sppotn~ment :hall be made by svch Court as en admitted equity a~d a mstter of absolute righl to said MdRTGAGEE, and wi~houl reterence to th~ adequecy a In~~eqvacy of 1ha vnlve of the prope~ty morlgaged or to tha ~olvency or insolvency of taid MORTGAGOR a the defend~~t~, and th~t •uch ' rCeWnt~. profitt, In<ome, issues and revenues shall be applied by such Receive~ according io ~he lien or eq~ily of said MORTGAGEE and Ihs prstlics of ~uch ~ 8. To duly, promptly and fully perform, diacharge, execute, ef(ect, complete, comply with and abida by each and evory tha ittpul~tioni, ~preemenN, ~ tonditiom and covonan~t in said promissory ~ote and thi? mortgage set fw~h. ' ~ 9. That i~ ths event the ownership of the mortgaged premises, or any perf theraof, beFome~ vested In s perwn othe~ tfian the MORTGAGOR, th~ MORTGAGEE, (ts successas and atsigni, may, without nolice to the MORiGAOR, deal wiih such sutcessor a suttessor in (ntt~t~t with referente fo ihi~ mortgage and fhe debt hereby secuied Fn tha same manner as wilh Mortgagor without in any Way viliating or disthsrging the Matgagora' liabllity hera- ~ under w upon 1ha drb~ hereby secured. No sale of the ~remises hereby mortgaged and no lorbenrance on th~ parl of the MORiGAGEE or iu wccessa~ ~ a assigns artd no oztension of the time for the paymant ot the deb~ hereby sec~red given by the MORTGAGEE or it~ ~uaessor• o~ assiQns, shaU op~raN !o retesso, d;uharpe, modify change or a(fecr the original IiaUil~ty of the MORTGAGOR harein, eilher i~ whole or In part. ~ ~ / . 1~~10. ~t ~Is~ s ecifically agreed ~hst time Is of the essence of this contrad an~ thal no weive~ of any obliga~ion hereunder or of th~ obll9~tlon ao- k ~rqd e y)ha~ft any tlme thcreafter be he~d to be a waiver of the tetms hereof or of the (nttrumenl iecurod herby. i ~ ~ ~ . r t,,~ 11, lry fidjjion to the (wego:ng momhfy payments of princ'pal and tnterest required by the promiswry no~a secured hereby, mortgagar eovsnanti ~ ~an~°agTee~ t~~iayro rAortgagee with ench momhly paymeni an addirional svm estimated by morlgagee to be tqual to 1~12 of the annual tost of tha follow- ~ 4 '1(1~ ~ ~ I . ~ • ~ ~ ~ • . A~y're~f p~o~rty taxes tevied or assessed against Ihe above described real eslate. ~ ~ y~'P~ i' t'!~(ij~a and windstorm iosurance a• herein req~Tred to ba carrieci on the improvemto~s ~ituate on fha abava deiul 1F s~^~1•7~ei1 ~ ~ ~ J ' ~ r~ i'.~~~~~vr~is Qn~uch mortgagc guaranty insvrar~ce at mongager ahall irom time to time deem fit to urry on the loan sc~~~ba1e¢y..,, •~;f p= h }1'~ c~~hall from time to tima noti(y mortgagor in wriling o f the amount due and payable hereundet and s~th sum ~~~lfiar~yp ~ri~be!li~; i ld"~ , p6k~~ c f~t~ due date of the next monthly paymen~ and each wccessive month theren(ter vnlil mortgagee shall nolify morl or of'3 ~Ila~ejfn ~ ~ pt miums~~~ sums shatt be apptied by mortgagee toward ihe~~~f~~ property taxes, Insurante premivm~, and ~o~a~~.gwta~t~ ~ns~~ .A.. ~ • f;, ~ . IN WfTNESS WHEREOf, the said M~RTGAGOR s reunto set his hand and seal the da and ear firsl aforesaid. d~ r~f C~y`: yt l ~ s,q~,~d se.~~d nd deli ered in ihe pre~ente'~~ ,~«p R~~~~~~~ HABRI~ ~NSTRLTCTION."_~?PORA~IQi~n,~~` z 9 Y ~ ~ : ~--~~~-~~~.~GOK , . ~ S , j ~ ~ , ~test. - ~ ' / . - ~ i9G4 DEC 24 (I: - r ~ in . r s, ~ re a'~~r ~ . ~ - - - - ~ _ - - _ - - - ~ ~ c~ K r~o rr~t~s, cteRK ~ - s~. ~uc~E coU~~rr, ~~~~tq8 . ~ STATE OF FLORIDA COUNTY OF T. CIE t HEREBY CERTIFY, That on this ~ day of Daeember , A,D. 19~~{.., , ~ before me personelly appeared Wi 11 i s~m W Iir~rri and _ F'~~k {1_n A. Harri :a ~ ~ raspectJvety, ~_,,president and Secretary ~ , of ~ , , ~ -,13A~RRT~ ~~n~.~iil'T ON C RPORA TON ~ a _ Flori_d~ Corporatlon, to me ~ knovti,h ~'6sT~~ca~°r,~}iescribed in and who execut~d the foregoing instrument, and :everally acknowledged the,exe~ ~ cut~ t~ w{ o .tbeir~ree act and de~d es such officers for the uses and purpcrse: therein mentioneds and that.they ~ s ~ affi~d•;~h~~p~t~le,o~J seal of said corporotion, and the said instrument ia the act and deed of said cor ration. - ~ • t. ~A R° ~ W~Yh~~'P~hry'~~n~?~ offtcial sea) at For1 Pierce , satd ooun and state. . ~ ~`''~:;Mw~ . . Notary Pubiic, in for State and County aforsaald. ~ ~ - My Commluian Ex ires: - ~ • 'Nota~ji Pu41ic. Stafe ot 1'loefda ~ ~ ~ My Commission Explres Aug. 6, 196 ~ Rondsd By Amcrican Sur~ty Co. ot N..Y. - ~ ~ : _ ' . . ; _ ~ . - . . : ' • . . ~ _ - ~ ; . . , . _ , . , o. R: ~~U rf. E J~~ ~ _ _ . e~~; K ~ . . - ~ : ~ • a -