HomeMy WebLinkAbout1860 And ieid Mortgegort, ior themtelve~ and their hein, Icflei rtprefenletivtt, wcteuo~t •nd u~ipnt, husby io~ntly •nd tev~riNy coventnt ~nd tqnt
to and with the taid MORTGAGEE, it~ succestiors ~nd e?tigr.~:
1. Ta pay ~II end sin9viar the prinupal end intare~? +nd fha variou~ ind iundry fum~ oF money payabls by virtu• ot faid promiftory nol~, and thf•
mongaye, enth ar~~ avary, prcTpt:y cn ~hr c+iy: r~Epetttvely the um~ ~evueliy becoma du~.
2. To piy r~ii b~~ ~iry~iei i;a tax~a, za.~s^:_,^.!;, lev~rE, U~bil~tiai, obllo~llon~ •nd •ncumbrinte~ of wtry n~tur• +nd klnd ~ow on nid deuribed
properly, or th~t hereaN~r mey bo imposed, ssu(fered, ptu~d, tevied, or •au1~d th~t~on, or th~t h~iraita miy tv levied or •~~liiea u~u~~ inis :~~rt~~
ape, or 1h• indtbttdne~~ ~ecured hareby, •~cfi and avery, wh~n dus +nd pay~bls, •t<ordinp to I~w, ba{ore 1h~y b~com• d~ilnqulM, •nd befor• sny InNr~N ~
ettaches or any pe~elty is incv~red; AND INSOFAR AS ANY THEREOF ~S OF RECORp THE SAME SNAtI 8E PROMPTLY SATISfIED AND 0lStHARGED :~F ;
RECORD AND THE ORIGItiAI dfflUAl OOCUMENT (SUCN A5, FpR INSiANCE, THE TAX RECEIPT OR TNE SATISFACTION PAPER ~FFICIAIIY ENDORSED j
OR CERTIFIEO) SNAII 6E PIACED IN TNE NANDS Of SAID MORTGAGEE WITNIN TEN DAYS NEXT AfTER PAYMENT, ~nd in Ih~ •venl Ihet any ih~r~of (t nol
peid, sat~sfied and d~uharged ~a:d h10RTGAGEE may at any Nme pey the femt or sny put Ihereof without weivinq or •tfertinq I:ny option, lien, •quity or
.iqh~ under or by virfue oi th~~ moitgege an~ the full emount o1 each and eveiy tuch p~yment ~h~il bt immediate~y dus end p~y~6!a ~nd fh~ll be~r Interei~
F~Om the da~e thereof uMil pafd at rate of ~iqht pe~ ceMum per annum and topetht~ wlth fuc~ inttretl fhall be uwred 6y ihe lien of th'! moryNya.
To pl~u +nd continuou~ly k~ep on the building~ now or h~r~~ft~t ~itu~t• on ~~id I~nd ~nd o~ ~II ~qvipm~nl ~nd penon~tly coverfd by thit mortq-
~9~, with sli premlumt th~r~on paid In full, fir~ tn~ur~nc• in tfi• v~u~l tNnd~rd pollty form, in s ~um approved by 1A~ MORTGA(3EE, and wl~d~torm
In~v?anrs !n tM uiv~l ~t~nd~rd polity form, in s wm approved by ~ha MORTa/1GEE, In wch comp~ny or compant~~ •e th~ A10RTGAtiEE m~y
dir~dl and ~II fir• ~nd wind~torm tneur~ncs pollci~• on ~ny of ~eld ~ildinfl~, any tni~r~st ih~r~ln or p~rt ther~of, In th• e9flrepit~ ium ~iwst~id or
(n exct~~ ih~raof, th~ll cont~tn the u~val tt~ndard matp~ps• cl~u~• or ~uch oth~r cl~us~ th~ Mortg~pt• m~y r~quir~, m~ki~y th• lo~~ und~r ~~id poll-
cl~f, ~och mctev~ry, p~y~bl• to •~!d MORTGAGEE •f it~ InNraft m~y •pp~~r, ~nd •~th ~nd ~v~ry wch policy ~hrll b~ promptly ~ts.pned ~nd dsiiverrd fa
iny h~ld by utd MORTGAGEE ~t furiher ~ecurity to utd mor+9~y~ debt, and, not Itu than t~n (!0) d~yi In adv+nte of Ih~ •xpiriNon of •uh policy, to da- '
tiv*r to ~ald MORIGAGEE a ren~wel theroof, toy~thar with a receipt for th• premium of wth ransw~lj ~nd th~r• ~h~ll b~ no fin or w1nd~lorm tnfuranc•
pl~ctd on •ny of ~.rd build~~q~, any int~re~t theroin or pirt Ihtnof, ~n~eu In th~ form and wilh ih~ lou p~yibt~ et •foret~idj •nd In th• •vant any rum
oi mon~y b+come~ p~y~6t• under tuth policy or policle~ iild MOR1GAGfE ~hell h~v th• optio~ to rac~tv and ~pply the a~m~ on ~tco~nt o1 th~ t~dabt~d-
n~~f ~~c~rtd her~by or to parmit ~eid MORTGAGORS to ~~celv~ and u~• it or ~ny part ihereof fo~ other purposet, wfthout ?hereby weiving o~ tmpair-
inq ~ny ~qu(ty, Ii~n or riQhl ~nde~ or by virtu• of th(~ mortpeQ~~ •nd tn th• •v~nt ~~td MORiGAGORS ~hal! for sny raaton f~il to ke~p the ~~Id premitet so
Intured, or fail to d~liv~r p~omplly ~ny o( ~~id policiet of In~ur~na to ~~id MORIGAGEE, ot f~il promptly to pay fully any pramium th~r~for or In ~ny
r~~pec1 fail to p~riorm, di~cherye, execute, eff~ct, complst~, comply with ~nd •bid• by tAi~ covenant, or •ny pirt hereof, ~aid MORTGAGEE m~y plica ~nd
pay tor ~uch (n~ur~nc~ or ~ny p~rt thereof without watvinp or aff~ctinp any option, Il~n, tqutty, or right ~nder or by virtue of tht~ Morlp~g~, •nd the
full ~mount of •uh ~nd •very t~th p~ymen? th~ll b• tmmediatsly dvQ ~nd p~y~blt ~nd ~h~ll be~r tnte~eit from ths d~te thereof until peid ths rat• o!
nin• pt? cantum psr snnum and together wi~h ~~ch inlerest ~h~ll be ~ecund by th• i(sn of thit mortg~pe.
4. To permit, commtt or •uff~r no wa~ts, (mp~trmsni or detaior~rlon of tald proparty or any pirt thaeof.
S. To p~y alt and ~Influtu th• co~ti, cherQe~ ~nd •xpen;~s, includinp • r~t~on~bl~ •ttorney`~ f~e ~rd cou~ of :bstr~cn of titls, tncurr~d or p~td e~
•ny tima by taid MORTGAGEE, btau~s or in the evant of th~ f~ilurs on th• p~rt of th• ~~id MQRTGAGOR to duly, promptly •nd fully par(otm, ditch~ry~,
•x~tvt~, ~ffttl, complet~, comply witfi and ~bide by •~th ~nd wery the Ilipvlalfam, •pr~~mmnt~, tondiflom, ~nd coven~nte ol ~eld promlitory not• ~nd thi~
matp~ee any or ~ither, and ~aid cost~, charQet end sxpente~, aath •nd •vsry, •h~ll 6• Immtdfat~ly du~ ~nd piyableJ wfitth~r or no! th~r• ba ~~otic• dt
mend, at!~mpf to tollett or tuit plnding; and Ihe full amount of •~th and ~v~ry lvth p~ymant ~ho11 bt~r intere~t irom tha dit~ ihereof ~ntii p:id ~t th~ ~
r~te of nine par centum per ennum; snd eli teid co~t~, charqaf ~nd expenta intvrred ot p~ld, toyethar with fuch ~nter~ft, ~h~ll ba ttwtsd by fhs lien of thi~ t
mortpaQ~.
d. That in fihs .v.~t a# a~y br~ath Of ih:~ !:4,:;!pa;,a cr dai;_!t en ~h• ~+a!f of th• MQRTGAGOR, or (b) in th~ evenl •ny of ~~td wmf of money -
Mnin r.forr~d to b~ nof promptly and fully pald withtn thirty (30) day~ next a11er th~ um• tevanNy becoma due and payeble, wi~hovt d~m~nd or notics,
or In th+ ~v~nt t~ch •nd ~vory th• •tipulatiom, •gr~tm~~t~, condition~ and coven~nt~ af ~~id prom~~tiory nota and thif morty~p~ ~ny or ~ith~r ~r~ noi
~vly, promptly ~nd fully p~rform~d, d~a<h~ryed, executed, efF~cted, compt~ted, compli~d with •nd ~bided by, th~~ tn •ithsr or eny i~ch avent th~ ~~id •Q-
pre9~t• sum manttoned in ~atd promiuory nore then rem~lntny unp~id, wfth lnt~reil iccru~d, •nd ~II monty~ ~stured heriby, ~h~ii becom~ d~a and pey~
abl• forthwlth, a thmrt~ft~r, at the option of ~~Id MORTGAGEE, u(~ily •nd tompl~t~ly a~ if alf of Ih• ~eid tvm~ of money w~r~ otipin~ily ttipul~tad
fo bs peid on ~uch d~y, anythinp in ~s~d p~omissory nols or fn thTt Mortyeys to tht contr~ry notwlthttandtnyj and tharaupon o~ thtrtifi~r ~t fha aptlon of
taid MORTGAGEE, wilho~t notics o? dem~nd, •uit sl I~w or in equity, th~r~for~ or th~r~~ftet l+sg~n, msy ba prot~cuttd at if sll mon~yi t~curtd h~t~by
h~d matured pria ~o itt In~tiiutlon.
7. The1 In th• evenl Ihet •t the bcflinning of or et ~ny tims pendinp ~ny wif upon tht~ Mortp~qs, or to foreclo~e H, et to reform it, or fo snforca
p~ym~nf of any ci~ims herfundtr, ~aid M~RIGAGFE thall apply to !h• Cour1 htvtn~ (witdittion th~reof for the ~ppointment oi a Receiv~r, such Co~rt ~h~il
fonhwitk •ppoint a recaiver of ~~id morty~ged proporty •II ~nd ~ingul~r, includ~nQ all ~nd 1lnyul~r Ihs Incomo, pro(it~, ittutl tnd revenuet from wh~tevet
•ource dartvsd, e~ch and •very of wh~ch, fi beinq expreuly undar~taod, f~ her~by mortq~9ed e~ if ~peciftcally ~rt forlh end detc:~bad !n th~ pr~nlinp a~d
h~bendum tlau~~~ hsnof, end iuch Reniver ~hetl hevs all ths broad and aftetiivs functiom ~nd pow~re in snywi~• entru~tod by ~ Co~rt to • Receiver, and
wch ippofntmenf ~heli be made by •uch Court e~ an admit?ed equity ind a mntt~r of ahiolut• ri9ht to ~~id MORTGAGEE, end withovl raf~r~ncs to ths
adequ~cy or tn~deq~ecy of the vetue of th• property mortgaqed or to tha ~olv~nty o~ insolvfncy of tetd MORTGAGOR or the d~fertd~nt~, ~nd th~l •vch
rent~, profit~, income, i~~ue~ and ravenue~ ehail bs applied by such Recaiv~r actord~np to th~ li~~ or •quity of •eid A10RTG~GEE end tht p?~ctice of ~uch
6ovA.
8. To duly, promptiy and fully perform, di~cherqe, exacutm, effect, tompieto, tomply with tnd ab?da by eath and svery 1Fu ~tipuletlon~, •pr~ame~to,
condiflone arsd toveninf~ in taid ptomiisory note and thit mattpefls taf forth.
9. Th~f In ihe avant the ovintnhip of th~ moH9tyed pr~mt~e~, or •ny p~rt thsreof, bacom~t ve~t~d tn a p~rton other th~n fh~ MORTGAGOR, tM
MORTGAGEE, iN wcceuon and a~lyn~, mey, withoul no?ice fo th~ MORTGAOR, d~N with ~vch tvccestor or eucca~wr ~n intuast wirh nfan~c~ to ti~i~
mortp~p• ~nd the dabt h~rsby iecured !n the ~~me manner as with Mo~tp~por without in ~ny w+y viti~Itny or'dlscharpiny th• Mflrtpi~or~' U~b?Ht~r h~rP '
und~r w upon th~ debt hereby secured. No t~l• af th~ prtmite~ hareby monp~p~d and no forb~eronc• on th• put of th• ~~ORiGAGEE or its tucu~~or•
w uilpnt •nd no •xtentTon of the tlme fa tha payment cf the debt hersby decurtd qivan by th~ MORTGAGEE or it~ tuccesfo?i or sssigni, th~ll oparat•
to rsl~as, dischorQe, modify ch~ny• or •ffact Ihe oriDinal Ii~bility of th• MORT(tAGOR h~:ein, eilher in wtwl• or In put.
10. It t~ tpeciflully ~r~~d th~? ttms ti of ths s~~fnu of thi~ contract and th~1 no waiver of ~ny oblip~fion hereunder or of ths obity~fbn ta•
cuted har~by th~ll at any fim• theraafter be h~ld to bs s w~iver oF th• ttrmi htrwf or of Ih• instrument iecur~d htrby.
11, in addition to ih• foreyoing monthly payments of princ p~t and lntere~t r~quired by th~ ~promf~tery nots ~ecurad hareby, mafgiQor tovanenti
tnd ayraa to pay to mortpipe~ with each monthly piym~nt ~n addition~l tum •ttim~ted by mortgcgee to t» equ~l to 1~12 of th~ ann~el co~t of th~ foilow-
lnps
A-All re~l prop~rty t~xet tavied cr a~fetssd again~t the ~bov deftribed r~el e~t~t~.
8-Preml~mi on fire and wtndstorm inaurence ai here(n reqv~red to be arried an th• improvem~n?~ •ituata on the above detcribed pnmisef. '
i
C-Premiumt on s~ch mortqepe gua~anty Jnau~ante ~i mortp~Qss th~il ftom tim~ to tim~ deem fit to carry on th• lo~n ~ecured hsr~by.
Mortyepe~ ~hsfl irom time to tims notily mortgagor tn writ;ng of th• •mount due •nd p~y~bie hveunder end tuch tvm ihall ther~upon b~ d~s snd
p~y~bls on th~ dve date of ths next monthiy peym~nt snd •uh tuctt~tiva month th~re~fter until morfpap~e thell notify mortyeflor of • ch~ng• In ~vch
•mou~t. Svch ~um~ ~h~11 b~ applisd by mortg~flat toward Ihs p~ymsnt of r*ii prop~rty t~zs~, (n~vrent• prtmium~, and mortpay~ guu~nty tn~vr~nt~
pr~mivm~.
IN WITNE55 YVHEREOF, th• ~atd MORTGAGOR h~~ h~reunt4 •~t ht~ h~nd ~nd u~l tha d~y ertd y~~r fl~fore~aid.
i sry~d .~d d.~t rt,. p ~ of~F1t..~,~./~NG EC RDED
~ r, 4!~[I~I~1~~~ROOK ' . •
~ ~ . _ . ~ . ~•n ;
_ c?--c..~--~-~ ~
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~66 FEB ~ ~1`~ ~ • 'y, I ~ ~ • ~~n
3TATE Of fIORIDA ~ .
~ ~is ~ ~ , ~ . j : ~ - -
' S'~ Lu 1 _ - _ -
~ cou~rtt oF ;r+,;~.~. c e - GErZ f-~" ;.,~;1 ~ ~'~C~l`~~tK : . " .
4#9r: aw? p.Nbn.~j~'syPo+?.d • ~ ~ ~ ' ` .nd
~ ~ J U - ~ _ . . . - ;
aWL' ht~ wif~, to me w~if krwwln aFx~:knawti~td_m+ to bs ~
th~:Irl~iriQwft}~aI M'.ind: who •x~cvtsd thQ for~yol ln~trurn~nt, M~?~ acknowfrdp?d bsion m~ thH th~y ~xswtfd tM ums foi~ tM purpose~ ~
. ~ .~i.~.d. ~;a~n.;.~r~a~ ~I.uc i l le How~ . . ,
wi{~ of ~tl~ il.++'s- . ' ' ~ .
upon ~ Npu~te ~nd privat~
~x~inin~ifon~-~ n» t~k~+ ssp~r~tj~' ~nd +~paro from hsr t~id hutb~nd, ~cknowl~dp te •nd b*for~ m~ thit ~h~ rxxvted uid Inttrvmsnt fr~sty •nd voturr
f I~rf~r'~ltd,~it't~ irn~ 2dropy(lNan, comtr~tnt, appnh~n~ian, or f~ir ol ot from A~t a!d hutb~nd.
,WJTd64t:my h~wt~atsJ'~Q~fffd~t c~al tht~ --8th d~y af A. D. 19~b
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' :'..~~~..,~1'.~` .
~ Not~ry Publir In •nd fo~ t •t• of Piorid~ ~t Lsrp~
~ My Commiuion ~xpira~
~ Retum To: ~
CiHs~n~ F~dar~) S~vinpt f~ lo~n /lisoci~tion •a '
~dotary Pu~lic, Siate of Fior;•.a at Large ~
ot it. tucla County ~ ~,Ay tommissi.n Expsres ;A?rct: 1, 1969
; aor,~.~cjv C ` d:d Sr ~n.~~csn fr. 8 Casani:y Co. (
Ft. Pt~res, Fiwtde R ~ j~' ,
{ L% ~ `
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