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HomeMy WebLinkAbout0980 ' ~V ~ • ~Ao~t~age and Security A~~ee~ent ~~i~~`a~, ~ ~ . r . ~ - , - . ~ ,?~s ~nw9e~~• ~a ur.:.::1~: ~•r a ARrll. •1988 by b.~,~~ Ineno'mD~ Sllva end` M~-,~~Y~.a.. hl Mf ~ (•.Mat9aga`). eryu . . ~ _ _ , Fir ~ ~ . , „ . c'MOnpsoee"!, tne address a wncn u~i~i~42S.~~~.~ $t~? ~lol'Idll 3A995-9012 . - . . . . ~ ''1Mitoeaaeth: / . . . . „ . w?+e~?s. Monps9a ~a lndeb~ed to Monqsqee ~h u~e a~~Pa~ sum or ~weny~ Rlve Thousand and ~~`I~~b ~ 3 7 ~ ; . v. _ . . cs 25. ~O. 1 toqettbl wNh fnterest the~eon, ~s evklerKed by the SiQ1MtUf8 I.k1~ AQt88m@fll Al1tl`b~a~loauro $iq~ternentcu~e ~No~e~ w eycn aate nerewltR txecV{.ed by irlo~tpspw uW Oe~v~re~io Matyaqe~, may AutWSle K? 4nd down kom fknq to fune. an~, ell aum~ ~OwItM urWN t1i0 M?0 ot uedt a olhe~• t w~se owed ur~der t,hs Note perter~Irq lAeretb"bM~ be secured harebY. ~r?i! no notk~ ol any atMrK~ need be ratpdsd ib evWeace wth ~dwicp. 11ie Not~ by reterence ~ ~s ma0e pat~liereot to°tAs eamt exteni ~s`u~ouqh aet oiit N tu~ Aeretn: - , . a NO~,`~11Efi~FORE to sacure. ihe parlamerKe b~i MoAqeqor 8f aM coverwNS and ca~dlfoos In lhe Nota and M 1NS Mortp~Q6"and M other hsuume~te setur• ~ ~~q the No,te, arid in ada to cherpi" the propuuas, kMpests and ript~s hetelnsha de~ibtd wft~ Fyth p~YmeM ~u~d pe~fo~mence "eu?~ to tec~u?e addttqryl ~dwnces:` ra ? newels and extensbns'th¢teol ~nd for'and h Cons~de~aUOrt of`the sum ol Ten ~nd rw/100 [~ts'1f10b0) Mwi9s9or dott het~by Mwips sM, arW atflpn l0 _ 90 D~ad~e r ~ . . ~ . ~.t x ' _a .,s ~ ..~._r-, . _ ~l.a. ~ _ . . .a, _ _.z_,. z . . _ .m. . : ~ y ~~r,~ M«~~g~:.~~«n?. a~ ~n r fI tA) w. a?w~y i~ t?~e'co~r w 5 desc.~e~Bte~:~~ ' ln ~pa menf OlRfaxlk . ~ - d . . " l'~ . (1 BLOIi d'~ f ~ ~,R E~ , Du'o'"On~ Class C In~ang~6lo ~ Pbrsonai Prop~ily, ~ : h~i~l"~df~9~ ~~~IC~ ~e~fd jSta~ ~~19 ~ , t.geg Pur:uani~To Chdptei ~71;~'134,~Ai1i"`Or:19~1. , ~ Fi~ a. ~ ~ . " OOUGlAS DIXbN, 'Cl~~k' Circui1aCou~1, Sf:~l~7tk. Co-r.: E TKis mortgage secu~es f~r~i'~e advt#ii~'~°s"~atit~h mii~y be mrid~ ~pi~~'su~C :t;o S~~~'~i~n • ' _ . . 697 ~ UG Florydat~St~~t~te~s~. g Ttieyrot~'l,. a~io~1"it of the ~n~l~ t~'tf~t~s~s ~~~Ct m'' ~~c . ~ ~be s~~`ii~ed b~ Ft~is mcS~`t ~ e mci _inere'as'e r°or d~~~~~s*e f~"~fi `~ime to C"ime~y the r~tal u~p~tii~`~ts~].~ii~e so se'~t1`~`~~d at a~y one tifie ~h~~1b~~it t~xc~d 'a ~ ~ mlximum pfihc'i~~l amoiint i~f '-$`25;~~~U:~O. . ° . ; , ~.,,,~n nes tne soaress ot ~13~1"Chal6iJpe~A~/e. i~t. ~LU~19~1o~'Ida 34~~73' ' . . . ' (SUee1) . . , _ - (~YJState/Zip Codd) . c~ nave and to t~o1d U+e ssme.'.topetha vMM d ttie impioremmts ~oVv`of'herestlet ere"t'Eed oA'such poperty ~nd .et i6~tu?e~. ~ww a baeaha attethed Uilrolo: toqether . x;;n eath aW ever`~ tt~emeMs. 1~edtsmaKS. easemeMS, riqhts. PQ~s.' prMeqte. ImmuNdes uW +PP~leroncas thaeuM71. belonyY~.°r ln. enywtse sppertatrrrq and Ux ~e verslpn efld f!VltEIOf~S:~- ieinaindu eriQ 'r6meY~ders, arid dso au tne ~ e'stste. Aqht, ~ title: iruaesi;° homesteed, ~1pM_of dowet.:~ sepsrste esute, proplnY. ~ posaesswn ~~nd ciwm - : wnatsoever h 4w as wN ss N`eqWty ~f Mortqsyoa ol. n and tb tl,e same in`every p~rt and pertel UierEot uMb'Matqs9ee tn'tee simpla {B) Toyev?e' wqh a securlty Inlaest h d tbeu,res attned to end P~sond prope~ty. excM,dinq housend`d'poo0s wt,icl? ere not'pulchssed wnh the 'woceeda dt the I (Cf Toqether wlth aN ru+ist iswes. WoM1t~ever+ue, inc~~ toaMoAqaqa sOSlorq'es no defauM nes aurned hapeisWer;tto.cWec4t ecNvea,~use sutA 6btedness sctwed herlby^ Iwwtvtfs.tt?et pltrtds~~ a - ~ ene6ls •.om Me popMy as'they btc6ciAt due ard PsYabb. but rwt N sdvarKe tAueo/. 7 ~ enY D~ o1~Or~Oplttilf ~ hl~eMi r~~ed` !o (8~ ihe~~Mo ~eof and erry edditbrol P~oPertY eaRd e~qulred' " 9a4'w and su6jetl t0 the Ileri $f th(s 7ulOrt4a9~ 9s9~ ~~Y•° ~ PFiO~ADED'ALWIIYS. U+et`ii Mat9~4a PaY ~o ~9a4K the Note'e`i tne tlmes and ~Uk°inarne~ stipuleted Meran. and in aII otAer lnsiiumeMs secuiriq"'the ~ ^.cee. inciud~nq raxwels. e,Rensio~ or mod~icstlon'ttiereof. and N Ws Mortqaqe°and in a1l othEr ` trumu~ts aecwirp the Note. to be kep4 P~~~ed bf observed by tqapor,'1t~eA this MoApeqe. sM1t cease and bE'voi~ MiF"s1~ othervMS6`remahln h,N ftlrts and cffect ~ Moat9syor. cover?a~s and sqrces: Nilfi Matqeqee a3 fWows: ` - I~ °1:`Conip&anCe with'~tbte and Moitgage~`Warranty~ol~Titie. M«tpe~ st~at compy w~ut ar'Prov~s+ooa o1'tne Note. iNs Mortpaqe snd of eve~'y other ~ -,svumerN secuinq the Note. and v~ ptompUy ptY"to Maty~qee ths prkrctp8l with Interest'il+ueon and aN oU~u wms rsquked lo bi'pdd b~i MoApepor under the Hote a~o purauen! to the O~ovtstons o/ ws Mb.tpsps and cl'every Ott~e~ Instrumaq s ~ a i , poi_covetints ths M3rt~q0r own~ and (s lndefeasbtjr seizcd of + y er Mort tqsqed Propert~tln t~ t~tumber ~ me~a Provlded by tfie Mat9a9t, tM~ t Mort9a~ ~ s noted in' tlie leq8t destriptioi? abovl: fhet Mortps9or ,Ms lewfi/ t~weY. 9s " Peete~jr and'4uie1?Y Mlby 1~ ~~9~ a~MY. an0 that "/:rtya9o? wM defe~d the MOAqaqed Prdpltty aqeins! the: tNims OI a!I Per6o~s wfK?msoeve~. and thM MOttyeQ~it" sb wetrsnts. 2.~Payment OI~Taxes BJId'~.18~13. Monya9or shd psY a~'the tauccs. essessments. ~evtes.,rsbides. oepstbns and eritdtnbtances`of ever~i titure rww on e K.ortysqed PtOpMY ot Wt haeaftp rtNjr be knpoxd. '~PM~ ttif3 Motipeqe` ct ttb MoA9eqed Roperty or upot~ fhe IndebttCness seaxe`d"he~eby. A.K . de~ient any MKerest attathe~ h? ~r ~ R,~^rdcbteCncss (s bt r~~~ y~y ~ pm ~~~~e blcome and befa~n ~t a any perolly is h?c~irred: `lnwfar as s^ qy ol wch aatlsfnttlo~ s}~ be lo Mort { ' 3.'' InsutBnce. ksatys9or sner keep nie Monqaped Rraperty ana me imaavements:now extaGrq « nereart« «ected oFf' me tinonyepc~a Ropefty'+nsu.ed as ay be rc~~red hom Ume to f r7~e. 1~Rort Gme by M6Aqs9ee aqa»st sosfi~ tiy b~. otha hszards and caqrtgencied H"such emouM erW 1or'siifFi peribds as may'be requlred br Mort- _ f re~ewsls'Vweof'she11 be Ompfy. wixn Cue. anY Premlums on such hs~rance. All Mnwance sh~ be eerrkd wqh f~e~1°e~pproved by Mort9a~'ard the poicy s?!~r oer a ~ , ~fls9~ and Mve anached thuNO Ioss'OpYsbls claus~s h tavor and tn torM eE~ to Matp~9ee. In ths eva~E t1f loss. Mort- ~ i~ 9!!K imme6ate notke-Dy' ma~ t0 MBrtqsflee sM MoAq~flee mar meke pObf of los9`N'no! made pomptly E~r Matqs9a. Eich' Msuance'tomperry! concuned is ~Neoy auuwrizso aoe dr«tee eo ma~c~i`psymer~ts to'r wcn ass aetdy ta Monqeqee ~nsteaa 6/ ett?~bi tb Mutqsqor ot Mon9noa'.nd Monqs9ea ~oY~tl~r Insurence po- , ' •.eeas a arry pa~ tnereof mty`be ~PPr~O bY ~9s9~ st Ks optlo~, eltei deduttinp thae kom eN Its e¦penses Ni4+drq ~ttaney s kes. elthet-t6 U+e fedutUon of tlrc in- ;e~tcdness'haeby seureC or tb tne ~ssta~tion o1 ~epelr o/ tlie ProputY d+ms0~d~, ~ Mauente authai~ed. ~t its cptton, t0`aettle and tdlKp`aNSe arqi ciaMns, a- •.~•~s damepes. rqt~ts o1 acGOn snd ptoteeds. erd arty otlw psymeM W re11N urWe~ ~ I~`Uie eveM tSl totecbsve Of Ws Mat y. q~qe oi otlkf'U~nster o1 e to 1he ?AptOsped P?oputY N e,~tkiq~/shment cl fM IndeCtedness secured hereDY. N rlql~,•Utle. and Maest ol Mortq~por 1n ard~t0 "arly'Y1av~nce poicks tlKn in tate ~.•~a5 pasa"tb"fne V~+~chaaa a qantee: MOrtp~ee may at its optfai requtre Mat9s9~' to depo611 wIM MoA¢~e e a? th~jiaYmsM dw drte ol eaeh muMh N addrtion" to .,;•r9 Osyma~ts 1i1 prlnc~el and htues4 unt/ the Note Is h/y Ps1d. an amour~t eqwJ io oM-~wNllh'(1/12I di the'')wh ~+emw,ms for er Yrourance. Such deposit~ sM! _ te no? Oe CeemeC tb be. tryt't AM~ds. btA mAy"be' cOmminpted.wqk the qc~ere7 ht~ds d~ Mort peyaGls In respeCt thereof. Upon deman0 r.~ ?~tatqsyte. Mortssqoi, s1iN deivei ib Mott . , r0~• u1d no htaetl ahsr~bi N gsqee wth~edQitlor4l moNes es are necessary tb malie up sny d~Acia~cies In the AmouMs necessary't0 ensbl'e Matpa9ee ~te to oe a ormed; ot observed Mat of detault under sny at tns tums. tovawKs and c s secved herebr, In s~xh msn~ es H{orl~qee sM~ determne, e~hy P~ Y Oe9a. MoAgsqee mey apply lb fht reductEOn ~'ths wm '~r ~ ws vdpr+W+ rema~,q to Mdrtqsq&'~:uedh ano arry reewn p.erntum recevta'~~oo6uons h tne kote. ws Matqe9a"a any o ~+avi,nient°searkip tne arr.o-~nt urWt~ tantNation ol uny InwreAti7 pWC9i`b'y ARbtqsqee upi5il (otedowte M •r.s Matq~q~. , 4, . . . c:~,~e .ny de~ a~ Mg ey.any qo «m~uMal~uu o~a y o~v~x~.ut a~y autno~ed b~ m,~vs of~' corwemnsuoo (wNcn terin when usea n«dn at~e~l in- • . Unlted Stateb dt'Amuka tA'bo dem- a~e ot take. end eiM"~''tr`anste? b~i ph~te sde N~c0 thn . 1t~e SLte bf F10rldi cf the: setund AttMy `sfW, at Mie optlon caxK ot ~nlre u` W~no tl+ra+q~+ conee~ .~na~ snei b~e ~ t~r ~.~ao~wer~'~aQes..nd`prosea~R ~~°arie pr«eede ot a on.o- eby aRhortzeQ`~t Ns op~o~L to'Eoinn?ance. Rs own a Mbit q~poPS:rrme. arty action a P~aeec~rq rdsttr~ tb iny eondertwttor~ an'dto'tettle tk compfanit~ aAy cW~lncar~ecUO~?lhanwRh.~ ~ suth tompensauon awvdR d~mape~: Wtm~,-rfptds or acoon and 0?oceeas. .na any onw? oerment. dr"reifer. and a~e rlqe~t eti«eeo. .re nereor +ssqr~ b9~ ~o~ tb Moreq.qee .r'id Manoso~e .rta aeductr,p eheroaom y. e:i i1s exPa?scs Includrq ~Hane~s fees'mey rebax any ew~ies so ~adv~d by it wltliout afkcttr~ the fen 61 Ws Morlq~qr ol miy appyl_the ssme In wch merr~a u . Matqeqee sher detamhl:'t0'th! nducdOll.M th! wm~ sltined 1ie~eby and l0 ~rH P«WY~ chMOe ikOVtded In~f11e Hot1. Ws M6rtq~Or Gt anY ott~el kKtrument se- ~ cwinq the Note. Any bsW~te o/ suth moNes t?kn remek~rq aM~ ba Oeid to Mortqeqai Mort9Aqor aqrcet to execute such Mit1~ ~ssqnrneMs a~ny compens~tlor?d, ' s. rfpMs o! scqoA an0 tkbteeds ~s Mortqe9ee'`m~y reQulre. ~ nc~wrqten tonseM~ M~989~'~~'~Y. ' Matqs9or "s?~n~ ntN reniove a d~molsh ~ny Eu~dnq ot other properfji formiq ~ Wu1 ti1 tM Matyape~ PropMr wlthoi.t - ' te.' knpakmeM or OeteriaaUon of UN' MatlQeO~d PropufY 6l iA~' pert Uxaof; ~ared snen keep the sarne and Improveme~ts thaeon M 40~ ca~ditbn and repdr. Monqeyoi„ ` ot tne Matq~qed Rrope~ty. ~ MortqsQee mt~i.` at Mottq~qee' dstrltibk As~ the ~~~ISNI rwUty Matpepes lA r~qn~ wtthln live IS) dslro 01 ~ny demaQe. & 4np~YmeM ?Aatwoed Prooatr ~pec~ea at arijr nm. .ne Mortqs9o~ a~rr a.Y .r r.oses riax?w Miy iv!«tpsp~e In,s¦~cutlrq N+d+ YKpectbn. , f ' ~ 8. M~qagee'~'f~lqht'to Make Certain' Payments. u+e e~+c ~no.~qs~? rm~s ~o pey a ascn.rQe n~e`w~es. sssQssma~ts. ~es. Nsw+nes. eep~++«?s and encurnbance~. br falb l0 keep tiis Mortpaqtd Aoperty k+sured eii tb deiver the P~s. P~em~uma pdd, a hIS to rep~M the Mort4~4eif Ptoputpi"es haeN ~pr~M. Fawf9.qe. may'rt Rs cPfbn Wy a dschvqe tM Wc.s. ~ssessment6. kNes. 4bities. and. obiqations irwf tnwmMantN Ot ~ pYt fMr~o1. t0 O~odut~ and pl~y fOr , Wy fa wclf`r~peUS. Mo.tqspee shv hew no •oblqaNOn dt 1ts o~ tb determ~» tM v~!dAY ot n~cesslry 8f ~ny p~ymeM n+erso! and ~ny such os my uN ~ner rwt wslw a seect ~?y' optlw4 ren equlty a r1pM ~i1 Matp~pM u~dN a tPy~ Wwe M thb 1~Aatqpe. t1N fW amamt ot_ ~ach ~nd twi"Y ~ Wm~~ sndl be Immed~telfr Oud ~nd p~rable ~Ad eheM bear hterefl Wbm th! d~t! tfwe0t un~ psla N fhe Oe4N11 iiate. es husk+Nta delk~ta. ~ctbpefMr wRh s~kh hCaesf. s t+ s~ b e s a c u r l d b~ i f h e l i e n b f t M S M o r i q p e. N o 1 N r q h e r e i n t o ~ t e k K d t ~ 1 ~ M b i o o n ~ l r u e d si repuklnq M b r fgspee to advan~a or axp~nd 1 1 meMloned 41 Ws PW~O?+W~ py~' 1 01 2 ' , . _ ~ cn ro~~er~ a ~t ~~r? ' ut ~n~eri ; z~~a~ . ~ _ , ~ ~t_ ; , . • ts . i , . , ~ ~ ~ > : . . ~ R' LL" ~ ' ' ~ ~ j OOIt . ~ ~ ~ . . ~ ; , , ~ ~ 76 . ~ _ .~~.~r~:~.~,~ ~ . . . - _ ~ _ 1~ _~.y.._a?-.._1Rc`z:~l. .'~.r" . . . ..+W