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HomeMy WebLinkAbout0929 70 lls~~ Aad To tluld the ,amt, tugrther with sll and ~ing~ilar la? ~um ryua! to the grout~d rrnt~, if an~, ne~t ~iue, piu~ thr :1;~ trnrmrnu, htreditaments anJ appurtenanirs ~hrreunto btlung- premiums that wiU next beiumc due and pa>ablr on ~wli~~t~ .~f ur ur ~n an~w~ie appertaining, and the reversiun and rrver,ivns, firc and other hatard in,urance coccring thc mongegrd pru~xrt}. ~r;n~indrr ur rema~ndcrs, rents, is~uzs and profits therrof; and plus taaees and assrs~ments next due on the mortgagrd ~ropert> all tht rs[ate, right, titl~, interest, ho?nestead, separate cstate, {ail as c~timateci by thc ~lortgagcei less aN sums alrra~i~ pa+d ;.~+~e+swn, cla~m and dcmand whatsoe~cr, as well in law as in thercfor di~idref by the rtumbrr of month~ to clapu hrfort unr ;,,uity, of the said !ltortgagor ~n and to thc +ame, aeid every part month prior to thc date v?hen wch ground rent~, prcmiums, taxe., c',rfeof, with thr ap~urt~nan~es ~~f the ~aid ~tortgagur in and co and asse~sm~nts Nill become deGnyurnt, su~h ,um. io tx hetd b~ ~ i:e .ame, and e~try part 2nd par~cl theceuf unto the said \turt- '~tartgagee in trust ta pa~ said ground rrnt+, prcrniums, ~a~c~, and ~.~~rt ~a fcr simplc. spctial assrssmznts; and ~\nd thc ~tortgagor herrby ccncnants Nith thr ~lvrtgagee tha~ lbl all payments mcntiuncd in ihe preced~ng ,uhsc~t~un uf thi, ~ti ~n~lrfeasibl~ seued ~f ~aid land in !er simple; that hc has ful! paragraph and ali pa~men[s to !x made unJrr the n:+tc ~r:urcJ •«rr and lawfu! right tu cun~c~ the ,arr~e in fer ~imple a~ hertby ~halt be add~d cugether and the aggrcgate amt~unt cherrot .t'~~fC~31t~; that it shall bt laNful (or thc ~tortgagee. at at! timrs ~hal1 be paid by :hc ~tongagor cach m~mth in a singlc p:~>mrnt to :•t~.i.r:~b(> and yuictly to rnttr upon, huld, ix~up~, and en~o> ,aid hc app6cd by the ~iongagce to th~ full~~w~ng ucm~ in thc <~rdrr ::~n~, and e?cry part thereof; thai the tand is and ~ill rema~n (rce ut forth: '~,~m all en~umbrances; that ~aid ~lortgagor will malc wch fur- lf1 ground rentc, Id[CS, s++r~+mtr~t~, t~rr end othci ha~ard ~n ~,rr as~urancrs lo ~ro~e the fct ?~mple t~tlc tu said land in satd SUI"dflit ~fftILLITI~: ~.I.~ngagee as may tx rea.onably rryuued. ~nd !hat ~a~d ~lurt- Iifi ~nterest un the n~~tr securcl hrrrb~; ..,>.~r dcxs herrb~ fully warrarn the t~tlr lo +sid land, and e~t~~ liiil amurtuaUon uf thc pnr~ti~ al of ~a«i nutr, ~.:rc thrrrof, and W~II defrnd ttir ~ame a~ta~~~~t thc tawful :(aimc of (i~f latr ~~arge,. Crrtiuns whun:sut~rr. Pra~idtd alw~)s, and thc~r prr~rm~ arc r~r~i~te.i ~nd drli~errd :1m dtfi.ien:> ~n the am~~u~~t ui .uch a~reg~tc munthl~ pa~- ~ :;•~,n tht fvNoNing ~ori~liuun,, tu wu: ir.rnt ~hall. un(es~ n~ade guocf by thc \turtgagor prtc~r tu thr :iuc € ~turtgag.rr egrec~ t~~ p~> the ~1~rtgegcr. ~~r .~rdcr, thr prin~ipal datc of the nrYt such paymcnt, :c~ntit~tute an eeent af default undtr this mortgage. l hc \lottgagre ma~ colieit a"tate ~harge" ~ ~~t For[y Five 'ihousand 5ix tiundre.! n~~t to ttcetd four rrnt: 14e1 far cach dol{~r (S11 of ta~h pa~mtnt ~ <i:td :~oi 1(i0 morc than ~ifteen (t~i days in arrcar~ to ic~~cr th~ e~t±enu ~n..~h- ~ I)ollar. ~S ij,6UU.(lU r.! cn handling drLny~cnt paymcnts. :~,~.Sr~i:r:f h~ a n~~tr ~~t r.rn ;1atn c~rrw~th, :~ith ;ntrrr,i fr.,m ~ J. ihat it the tota? .~f thc pa>mer.ts ~na~e b~ tFt ~tuttgag.~r ::~e ae chr race ~~f cle~'en under la1 of {~ar~graph 2 precaling ~hall et~~rd thr am~~unt r.f ~ pa~ment. artuali~ made bp thc ~fartgagcr, f~x gruund rr:us, ta~cs ,;~r*:tu;n i i i./~ °o~, prr annuni t~n thr un~~.:~J ~nd stist.,mcnt~ ard insuran~c ptem~umc, as th: ~ax ma> t~c. ; `,far,r un;~l ra~J 1ht ,.s:~i t~rin.~~~ei ar~~ ~ntcrc,c ,hall hr ra~a`,Ir ,uch e~ccsti, if the loan i~ rurrcnt, at the ~puun of tht ~tu:tge~ur. ~ ~ ,ha;t, he crcd~tcd .>n suhtieyuenc paymcnts to tx ma~1c h~ ~hc ~ ;hr :~tf~,r ~~t Indepectder,ce .1ort~age Corporat ion ~ " \t~~rtg3gur, e~r refundrd to the ~t:~rtgrgur. If, hoWC~er, thc >i ~~nerica 2~9y l.ce Read JlI1C('. bU`J mt~nthl~ pa>mcnt~ made by thc ~t~~rtgagar under fa1 c~f paragraph i s~ ~ e r f'a r~, F 1 o r i da 3"Z 1 tSy nrt~tding shall noi br suf firicn~ ta p:?p ~ruund rent~, tair~ and e,st~srT~cnts and inwran.e premiuma, a~ the ~ase may be, when - a; ,u:h .~t1?rr ~is., s. tht h,~l~er ~~f t}ar nutr me} .1c•~!Fret: in thc +amc :hal~ t~ecume duc and pa>:~ble, then tht itarlgagor 4h31{ ..r,,~:, ~ ui rn~mrhl} +n~iallm~n~. nt Four i~undred »~'rtgag~e am amuunt necc.tiary to make up the defi ~icri.}, on or t+cfo*c the date Mhen parmcnt o( such gru~nd rrnt,, ihircy Four and 2u/LUJ i~~r,, ~~t~~~Rti~r,~s, ~r ~nsurance prcm~~ms shafi be duc. If at an> llu{l~n IS 4 3y .?6 nmc the titur~gagor sh.~il terider to the '~turtgagre, in aciurdan:c ,:r;n~cr.u~~ ,,n thc ~ir,[ da~. ,>t tieptei:,ber . iv ~yb , with thc pru.atiiunti uf thc nute ~eiured t;crcbti, luil payment ut ~.:a ur: thr 'ir~t ut ra.t~ rn~»ith thcrea(;rr u:rii ±hr ~~r~,~.+, ai ~hc cr.titc tnJrhtrdntiti repre+tnted thr~tb}, the \luttgagrt ~h~ll. r.,~ ~ntcrr~t e;c tuily T~.e~J, r~;c~t that thc f,na~ ~.tti~nrn! ut , ri~~ ';i ~"mputing the amuunt of such i::debtedness. ~re.lit t~~ the a. .:iunt ~~f ti~e ~tortgag~~r an~ halan:c remaini:~g in .hc furi.lt a.- ;+.t~ ,~r.d in!ctc~t, tif n~;t ,u~~ner rai~t. ~hai~ t~e .tur an.d ;,.i;~~hl: ~~n cumu(ate*~ undet th~ pro~is~:~r~~ ot Eat uf ~aid ~atagt;~ph If ~~:r fir.t ~a•. ~~t :~ugust 1, 2Ut~! nc~rr ~ha;l tx a dcf3ult undtr an~ uf t~e pt+~~~~irn..~J th~ti rnurt ~n~ ,hat~ .iu~~. t~r~~n~~tl}. ~ri.1 fuilti ~rrl~~~m, di.~t,.,rg~, e~c.u~r. ~ace resuiting ~n a~ubl~~ sair uf thc premestti ~u~t~rd t~rreb~. ~~r "r~t. ;~~rr~i~ietc. an.1 :~~mpi~ ~i'h ~nJ abidt h} rait? atu! :~cn ~t thr ~lortgagee a.ywrt, the rr~~T•ert~ othtrwi.e aftrr deta::!!, thc •~;1r ~U~~l:i.t;f~~(1,. .l~fCflfiCil!~, ~Ufi,l1~~.~i1~. .Slll~ ~i~~Cildtil~ t~f ~d!.l ~~tlfifd~CK St)d~1 if(1j~(i, 3; f~iC Iiittf U~ lFlt :ummrn.cmrn+. U! ~L'•;h~ ,.~:it1~.Ufl ;lU',C dfla c~f (tll~ :i:i~i!t.i?i. if7tii ;fli? tiitt!tk:ir'.Y dfl~~ '~tC ~~f~:tCt(jlfi~~, 1~~ 3l lf1C ~ame 111i71 '.fiC (~f~~' Ct',~ Ii i>If::(H;~C Si- ,t.~!e hrrehti _:r.~tr~1 ~f~al. ~c.e~e ar:il hr nwl ar~~ ~~,~:1 i,usrr~l. !hr F~alan.e ther. ren;a~r~utif ~n !tie fund~ ~:~:.:ii:ilstr~i ,ir.~ler Ia? ~~i ~~af3~(~a~ti ~ nrrtr~l:nE a+ n ire.lit .~r=e~r;.t the arr.~~uri~ ~nd the ~t~arlk~gur further cu.enunh s+~ toN~~»4: !hrn rema~nint un~:aic~ iin:3cr .s~d n.~rc f h~t ht •.+ili ; a~ ;}:e in.ichtrdn;~~ e; ncrcinhc'c,~c ~~:.~eidr~l f~'t'.t~t~(C Iti ;C~Cf:I'cj (l~ ~}S1 f~It .1l'hI. :(t H~+~~r1C i>! }/l ~'d1i. ~~Il :l;t\ l~ld( ~1C '•~1~~ (~d\ 1~~ t3\~t. 1»C~~RSC(SI~. K3ll'f !.11C~. JIICi niFtt ~ i~~~i'tillilCilld~ Uf t11U711:!(`d{ ~Cldf~if~. }1tlt'ti. ~If Iflt(lC~~tiicl(it. Tt?f ~.l~~mc~~t c7ur :i.~tr ah:.h pnni~~~~n hr~ ri~rt hccn n~eJc htrtinc~l~~re, an.f i~ .i<f.~ult Tt;at. ir~ ~,r~cr :rie~rr tuli} <<~ `.~,tr.~ ~he ~r~+:r;n ,,t thi~ n;:,r! thcrcc,f thc ~i~~rt~a~re ~:ia. ~~a. thr ~ame: .+nc1 rhat hc w~li ~.i~r, rhr \iur+.egur. ;.~g,cthc; w~;h. ar., a~J:ti~~;z t~~, thc ~r~~rn; ti~ .1c:is~r !?~r ~~tfi„al rr.ri~t•. !~;crcf~~r ttu ~i,.~r:u~t~rc ;ilc~(It}ll~ (~d~l71fll~S U[1S~Cf IfIC iCflllti i~~ !}lf C~~it ~fiilfCCj f]Cff~~\. •!:1 ~;~r lir,t d.~~ c~t cd:h mun:tt uttlii Ihe ~a~J r,c~;r ic tt~11~ ~.r.]. w~ll ~..r. t,, r1;~ ~I,~r;K.z~cc Itit fu!!~>;~ii;,~ ~un;: t, ~ 928 , ~~1~:r - ~ c'n~e 7„f S ~ NIiD 92110M 1 ~(a r... ; „Yr~~ = o . . _ ...u~.~w~- w v ~