HomeMy WebLinkAbout0054 l+nd said Mortgegon, for themselves and iheir he~n, legal representaGve~, aucce~son bnd etsigns, hereby joiMiy end te'+eraily covenaM a~d tgrce
to and wi~h ihe faid htORTGAGEE, its successor~ and assigns:
1. To pay all end eingular Ihe principai and inlerest and Ihe various and tundry eums of money payable by virtua of teid ptomi~iory note, •nd Ihi~
morlgage, eath and evcry, promptly on the days respeaivcly the ~amc severally btcome dve.
2. To pay all end tinyular the ta,crs, a~tessmenti, levie~, liabiliiiet, obtiga~ionf and encumbrancei of every natvre and kind now on ~eid de~cribed
properly, or that hereafler may be impofed, suf'.ered, pleced, levied. or assesicd therron, or ihat heree(tcr may be levied or esiefsed upon iht~ l~lortq•
ege, or Ihe indebiedness ~ec~red hereby, each and every, when due and payable, according to law, betore ihty become dalinquanl, end before any Intere~t
attachet or any penaley is incurred; AND INSOFAR AS ANY TFIEREOF IS OF RECORD TNE SAME SHAII BE PROMPTIY SATISfIED RND DISCHARGEU OF
RECORD AND TNE ORIGINAC OFFICIAI DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR TNE SATISFACTIUN PAPER UfflCtAllY ENDORSED
OR CERTIf1ED) SFIAII OE PIACED IN THE HANOS OF SAID MORTGAGEE WIiHIN TEN DAYS NfXT AfTER PAYMENT, and in the event that any lhereof is no1
paid, :a~~sfied and discharged sa d ~.10RTGAGEE may at any time pay the same or any part thereof withoui waiving or af(ecring any option, lien, equity or
rlq;~t under or by virtuc o( Ihis mortgage and thc lull amount of eath and every tuch paymeM ~hall ne immediately dua and payable and thall bear inte~et?
~rom the date fhereof ~mti! paid ar rate ef e?aht per cent~m per ennum and together w~th suth interest shall be secured by the lien of 1h:s morgtagt.
3. To pl~ce end continuouily keep on the bvlldiny~ now or heresftsr •ituste on feid land end cn all equipmont and per~ontlly covered by thii mort4-
~ys, with sll pr~mium• theraon paid in full, fire infuronce in ths vtual standerd f,olicy form, in a ~um epproved by tF» MORTGAGEE, and wfnd~torm
In~urante in tM vi~sl ttandard policy (orm, In a ~um •pproved by the MORTGAGEf, in such company or companie~ e~ ihe A10RTGAGEE m~y
directi and ali tiro end wind~torm insuience policiei on ~ny of ~eid butld~ng~, a~y interost therein or part thereof, fn the aggreyate tvm aforet~id or
in excat thereaf, ~hell ccMein the uivaf •t~ndard mortgegee clawe or auch other clau~e •t the Mortpe7ee may req~irs, m+~kinp Ihe loi~ under •aid poli-
cf~~, e~ch ~n~ every, payable Io ~aid MORTGAGEE es its interett may appeer, and each end every tuch policy ihsll be piomptly a~s.yned and delivered to
any held by taid MORTGAGEE •i further security to ieid mor~gege debt, and, ~ot Iesi than ten (10) day~ in advence of tiie expir~tion of each policy, to dr
liver to ~aid MORTGAGEE a renewal thereof, toge~her wifh e receipt for the pramium o( ~uch renewal; and there shell be no fire or windstorm int~rence
plsced on eny of taid buildings, any intere~t therein or part thrreof, ~nlesf fn the form end with the loss payeble a~ a{oreiaid; end in tha evenl any ~um
o! maney bscomes payeble under iuch policy or policies ~aid MORTGAGEE shall hava the oplion to receive and apply 1he ~ame on account pf the indebted•
nes~ fec~red here6y or to permit ~aid MORTGAGORS to receive end u:e tt or any pa~t thereof fo~ other purposes. w•ithout th?reby waivinq or impair-
Infl any equity, lien or right under or by virtue of this mortgage; and in the event taid MORTGAGORS ihall for any reison fall to keep the ~aid premiset ~o
insvred, or fall to deliver promptly eny of seid policie~ of inturence to •aid MORTGAGEE, or fail promptly to pay fully eny premium theretor or in any
re~pect fiil to perform, diicharge, execute, ef(ect, complete, comply wtth and abide by thi~ covenant, or any part hereof, iaid MORTGAGEE may p~ece and
pay Ior tuth Inturante or any pnrt thereof without waiving or affccting any option, lien, equity, or right under or by virtue of Ihis Mortgage, snd the
full emount of eech end every such payment shafl be immediately due and payable end •hall bear interest from the date ihereof until peid e~ Iha rota ol
nine per tentum per annum and togelher with such imerest shall be secured by the lien of Ihit mortgape.
1. To ~ermit, commit or svffer no wa~te, impairment or deterioration of raid property or any part thereof.
5. To pay el) end ~ingular the cost~, charges and expen~es, including a reasonable attorney's fee end cos~s of abstract• of title, incurred or paid el
any tims by ~eid MORTGAGEE, because or in the event of the ieilure on the Hart of the ~aid MORTGAGOR to d~ly, promptly end fully perform, diichargs,
~xecvte, effed, comalate, comply wi~h and ab:de by each end every the stipulation~, agreements, condition~, and covenent• ot •aid promis~ory note +nd thit
mortQape ~ny or ei~her, and said costs, cherges and expenses, each and every, shall be immedietely due rnd payable; whethrr or not ?here be notite de-
mand, •ttempt to collecl or suit pending; and fhe full emount of each and every such payment tha11 bear interest from ~he date thereof until paid at Iha
rste of nine per centum per annum; and all sa~d costs, charqe? and expen:es incurred or paid, Ioflether with auch in;erei~, shall be ~ecured by the lien of thi~
mortgaye.
b. Thet (s) in ihe eveni oi nny breech o( ihis Ahorlgage or default on tha part of the hIORTGAGOR, or {b) in tha event eny of ~e%d svmf of maney
heroln roferred to be not promptly and fully paid within thirty (30) days next after the tame severally become due and payable, without demand or notite,
or (c) in fhe evenl each ar.d every the stipulafions, agreements, condition~ and covenanh of said promiiiory note and th~~ mor~gage any or either are not
~uly, promptly and fully per(ormed, d~acharged, execured, ef(ected, cornpleted, <omplied with and abided by, then in either or eny ~uch evenl the taid afl-
greflets sum mentioned in ~aid promissory note then remaining unpa;d, with interest accrued, and all moneys iecured hereby, shall become due and pay-
a61• forthwith, or thereafter, at the option of ta'j MORTGAGEE, as f~lly and completely ai ii ell of the ~aid sum~ of money were oriflinally •tipuleted
fo be paid on iuch day, anything in said promissory note or in thit h5ortgage to the contrery notwithstending; end thtre~pon or theresfter at the aption of
tsid MORTGAGEE, without ~otice or demand, iuit at law or in equity, therefore or thereafter kxg~n, may be prosecuted e~ if all moneyi secured hereby
Md matured prior to it~ in~titu!ian.
7. That tn ihe event that at the beginning of or at any time pending any suif upon this hlortgage, or to foretlose it, or fo reform it, or to enfort~
paymant of any claims hereunder, :aid MORTGAGEE shall apply to the Court having jurisd~ction thereof for the appo~ntment of a Receiver, ~uch Courf shell
iorthwith appoint e receiver of said mortgaged property ell and aingular, includmg all and singular the income, profit~, i~s~et and revenues from whatever
wurce de~ived, each and every of which, it being expreisly understood, is hereby mortgeged es if •peu(ically iet forth and described in tha gronting end
hsbendum clause~ hereof, and •uch Rrceiver :hall have all the broad and effedive funct~ons and powrra in ar+ywiie entrusted by s Covrt to a Receivar, and
~uch appointment thall be mada by such Cou:t as an edmitted equity end a matter of ebsolute right to ssid MORTGAGEE, end vlithout reference to ihs
adequacy or inadequacy of the value ot the property mortgaged or to the •oNenty or in~olvency of iaid MORTGAGOR or the defendants, and ?hat ~uth
renr~, profitt, income, iisues and revenues shall be applied by ~uch Receiver eccording to the lien or equity of said MORTGAGEE and the prectice of t~th
Coutt.
8. To duly, promptly en~ fully perform, discharge, ezecute, etfect, complete, comply w~th end abide by each and every the ~tipulationt, sgreemant~,
condiHont end covenante in said promiisc+ry note end thit mortgage set forth.
9. Th~t in the event Ihe owncnhip of Ihe nwrtgaged premiies, or eny puf thereof, becomet va~ted in a perwn other thsn the MORTGAGOR, tha
MORTGAGEE, it~ euccessort ~nd assigns, may, whhout no~ice to the MORTGAOR, deal with such successor or successor in intere~t with referenca to thi~
-„r;;yoy: :.-ry p~,a ~c~ sttu:cd E.^. !!:a ee.^.:e m~r.ner as :~~th W~eFu,~~t ~n any way vitiatino or~discheroina She Mortgepor~' liabllity htra
t ....rtby
~ndar ot ~pon the debf hereby iecured. No iale of the premites hereby mcrtgaged and no iorbearance on the par~ oF the MORTGAGEE or its •uccesson
o? ef~iynt and no exten~ion of the time for thc payment of Ihe debt herrby tecured given by Ihe MORTGAGEE or itt successora or e~tignf, ~hall operat•
Pa takss~, diuharpe, rtiadify chanpa or effecl the original liebility of the MORTGAGpR harein, either in whole or tn part.
10. It Is specifitally egreed ehat time lt of the essence of this contract end that no waiver of any obligation hereunder or of ths obltgaiion se-
cvrad henby ~hell at any lime thereafter be held to be a waiver oF the termf hereof ar of the initrument secured herby.
1 i. In addition to the foregoing rnonthly payments of print pa~ and interest req~ired by the prom~ssory note secured hereby, matgagor tovenant~
~nd aprees to pay to mortgagee with each monthly payment an addition~l tum estimated by mort~;,ge= to be equal to 1~12 of the annusl cost of the follow-
Ir?p:
A-All ra~l property taxes levied or essessed against the sbove de~cribed rea~ eitate.
B-Premiuma on fire and windstorm insurance as herein reqv~red to be carried on the improvements situate on the above described premise~.
C-Premiums on svch mortgaga guaranty insurancs as~nottgasee shall from fime to time deem fit to tarry on the loan ~ecured hereby.
Mortgagee •hnll from time to time notify mo~gagor in writing of the amount dua and payable hereunder and tuch sum ihall therevpon be due and ;
pay~ble on the dut dete of the next monthly payment and each tvcctssive month thereafter until mortgagee shall ~otify mortgagor of s chnnye in ~uch
amounf. Suth sum~ ~hell be applied by mortgagee to.va~d the paymcnt of real property tsxet, insuronce premivmi, and mortgage guaranty insvrante
premlum~.
IN WIiNESS WHEREOf, tha said MrJRTGAGOR ha~ hereunto ~et his hend and seal the dey snd year first eforfiaid. ~ •
Siynad, ded end deliv tha pre:e~ce or: F I ~ E D A N D R E C 0 R D E D , ~ /
~~/~u~ ~~&r~r_!~ ~ 0 0 L ~n
s ' •n
Q• ~+a~ '
_7~ • t/ t~iq
G~1i~:'? 5 ~ttl 3: 5 2 ~•n
. ~
ii STATE QF FLORIDA • C ~ ~
~ .~.~,~~,35 .
fi cout,tnr~c~~:S;~~S, Lucie r~Ot~c;3~r'~.~"^r~.: i„LR'rC
i ' - . "
_ :~~!i~?i~ gPPeered RS L~'Tl.~~'~ ~ C 0 U N7 Y ' ' ' i~d . ~
~ ~r A his wi fe, to ma we N~ kriown i n d' known to rt» t
p b s- ~ {
~ tl~i- vid~ls ' ibld'•~ 1~! who ~xec~ted tM foreyoin9 ln~trument, and ~cknowlcdged before me thst they ~atcatsd~tfie sem~ for th~ pvrposp:
' F.stna L Fisher - ~
t~~n ~xFr~iied. llrxi tFp • ~ , ` -
: J ~ . . . .
q~H~ 6f tM~ uld I, . F~~'le I' ' eyon i.s~parstt ~nd•privat~ .
! ~am~ri~tiqo b~~pA~te artd apart from her sald h~tb+nd, •cknowledyed to and beforo mt that •ha execvted •~id;tnsttu~flai~t frilly, aAd Yolurr ~
~ t~t3~y a~td w lny fEaipv,qion, constraint, eppreh~n~ion, or fear of or from her satd husband. . " 1~•• .~C
~tN17~SS.~r?yi1{nd~nd~official se~l thii 25th day of Janus a,;~~ o
ti.
..,.~.f.1~~~`, 3
Noiery Publlc in and f Stet~ of f~orida at lsrqe (
My Commiuion ~xpir : ~ . ~ 1
; Ret~~~ 70: Notary Pubfit, Stat~ oi Florida at tar~e ~
° Citi:~ns Fader+l Savings 3 Lo~n As:ociation ~
; My Commissio~ Ex~. ,:s 1~!~;:~i 1, 17,,: ~
3
Of Sl. ~UCiO CO!Irlty E.n3~d !r AR,~r.cen Fue 8 C~:u+HY ~o• ~
~ ft. Pierce, Florida ~ c~~r ~
; ' ~
; fi BO~K ~~l d ~