HomeMy WebLinkAbout0752_ _ - ~'o K 2 - 143
3. To place and contirwously k«P on rtes bul~drsgs now or Isaraaftay sHw» on orb land and on aN eraulprrserM ud ptrsonally rwwred by this mortg-
age, with all premivna thereon paid in full, fln IrtatNarrta Ms tIM usual stardud polity fortes, ro a Burrs approved by tlsa MORTGAGEE, and windstorm
insurance In tM uswl atarsdard polity toms, h • sum approved by tlse MORTGAGEE, M seeds contpanY of oonsPania a tM MORTGAGEE may
direct: and all fire -and windstorm irtwrann pdkia on any of saW bulldirtgs, any Interest thereto or part tharaoF, M tM aggrpa» wm aforesaid a
in excess tlsereof, atoll contain tM uwal uandaeA mortgagee dawe or such other elauae a ties Morgagee may regain, rnaklrp tM Iwt urdu said pd}
cies, each and awry. payable to said MORTGAGEE a its interest may appear, and each and awry such polity shall be promptly assigned and deUvuad ro
any Mld by said MORTGAGEE as fwther security ro said mortgpe debt. and, not lass than ten (10) days M advatxa of tlse expkalbn of each polity. to de-
liver to ~~ MORTGAGEFi~s renewal tMreof, topethar with a receipt for tM premium of such rersawal; and than shall be ro fin or windstorm Insurann
placed on any of said byildinga, any intuat tlsareM a part lhueof, unless In tM form and with tlse Ions payable as aforesaid; and In tM avant any wm
of mrxsey becrxnes payabb under such policy or polices saki MORTGAGEE sMll Mw tM option ro retafw and apply the saute on account of tM irsdebted•
Hess secured Mreby~r to permit said MORTGAGORS ro receive and use ft a any part thereof for other pwposes, without tlsereby waiving or impairs
Jng any equity, liar or right under a by view of fhb-mortgage; and in t)-a avant said MORTGAGORS atoll for any reason fall » keep tM raid premises so
insured, or fail to deliver promptly any of said policies of inswatw ro said MORTGAGEE, or fall promptly to pay fully any premium therefor or in any
respect fail to perform, discharge, exsMe, effect, compete, comply with and abide by this wwnant, or any part Mreof, aid MORTGAGEE may place and
pay for such inawance w any part thuwf without waiving a affectirq any option, I'wn, equity, or right under a by virtw of this Mortgage, and tM
full amount of each and awry such payrrtent atoll be irrtrrNdia»ly des and payabe and atoll bear Intueq ham tM da» thereof until paid at tM me of
nine per centum per annum end together with wch interest shall be served by tlse lien of ihb mortgage.
s....-.mi+ •w.•...Jt a a~::.r ra v:u:s. ia:pai:.rxr.! o: ~3e. =ra!ion of saitf p-opsrtlf or any part tMraof.
S. To rpay all and singuer 1M cosh, dsarges arty expenses, Irseludtng a reasor»be attot~sey't tae and costs of abstracts of title, incurred or paid at
any rims by said MORTG~/ .GEE, because or in tM avant of tM tailors on tM' put of tM said MORTGAGOR to duly, promptly and fully perform, diuMrgw
.~.,..: .ff.rt, complau, comph with and abide by each and every tM stipulations. agreements, conditions, and oovananb of said promissory no» and this
mortgage any or eithu, and said costs, charges and expenses, each and every. atoll be irnr^adittahall bear intues~from tMt data thuaof untilapaid~it tM
mend, attempt to cdect or wit pendirsg; and tM full amount of each and every such payttsen
rate of nine per centum per arxwm; and ail wid vests, charges and expersaes irswred or paid, t~stfsu with zxh lnts•.est, shall be secured by tM lien of thin
mortgage.
6. That (a) in tM ev~ertt of any beach of this Mortgage or default on tM part of tM MORTGAGOR, a (b) in 1M avant any of said sums of money
Mrein referred to be not promptly and fully paid within thirty (30) days next aftu tM tame sevually becorrse des and payable, without demand o- notice,
or (d in tM event each end every tM atipulaYtons, agreements, conditions and covenann of said promissory note and this mortgage any or either are not
duly, Promptly and fully performed, discharged, executed, effected, completed, complied with and abided bY. then in either or any ouch event IM said ag•
gregate sum mentioned in said promissory note then remaining unpaid, with intuest accrued, and all moneys secured busby, sMll become due and pay
able forthwith, or thereafter, at the option of said MORTGAGEE, as fully and completely as if all of 1M said sums of money were originally stipulated
to ix paid on such day, anything in said promissory Hale tt in this Mor!geg! to *t.w rmtrary rwtwithstandina; and thereupon or thereafter at the option of
said MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted as if all moneys secured hereby
had matured prior to its institution.
7. That in the event that at the beginning of or at any time pending any suit upon this Mortgage, a to foreclou it, or to reform it, or to enforce
payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof for the appointment of a Receiver, such Court shall
Forthwith appoint a receiver of said mortgaged property ell and singular, including all and singular the income, profits, issues and revenues from whatever
source derived, each and every of which, it being expressly understood, is hereby mortgaged es if specifically ut forth end deuribed in the granting and
habendvm clauses hereof, and such Receiver shall Mve all the broad and effective functions and powers in anywise entrusted 6y a Court to a Receiver, and
• _ -•-- -~ ~~-~! !-- ---±- by :suss f~••t ~..n •rfmhted equity and a matter of absolute right to said MORTGAGEE, end without reference to the
rri. r u: cy or inadequacy uT t. •E :-•..e :,` tl:c prop=r'y rror!gaged or tot so erxy or insolvency of said MORTGAGOR or tine defendants, and that sui
_~_n t._ _-..i:_,r s•., ...a o...;,,.. ,rr,.rdirr,s fn the lien or equity of said MORTGAGEE and the practice of such
rents. /roiin, inwmc, iaaozs o+..i +~.~.:o~. :•-.• u~ =t-r:•-~ ~, -_-. --- - ~ -
Covrt.
_~_ _ _ __ _ _n`_. __ r_ _ ___ • .: i.L ~-~ ~~ ~~ ~~ ~„~~; ~~ ~. •t•~ !r~r •lae:nn_, a~reementf-
ii. iu uuiy, p•vu•piiy e.w iu:l~ t;,~. .,: •~, u.;:•wi yz, .:x~.~;z, a: . ... •iy,...i~, .w•.y.y :',
conditions and covenants in said promissory note and this mortgage set forth.
9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person otMr than the MORTGAGOR, the
MORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal with such successor or successor in interest with reference to this
a,.ri the debt herebv secured in the same manner as with Mortgagor without in any way vitiating or discharging the Mortgagors liability Kerr
undrraor upon the debt hereby secured. No sale of the premises hereby mortgaged end rto forbearance on the peri uT iP.o C~.^,~: ;....-- ..' ~'= ==`-`-~`-`^"
or assians and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors wwassigns, shall operate
to release, discharge, modify change or affect tM original liability of tM MORTGAGOR Mrein, either in whole or in part.
10. Ir is specifically agreed that rims !s of the essence of this contract and that no waiver of any obligation hereunder o• of tM obligation se-
cured hereby shall et any time thereaiter be held to be a waiver of the terms hereof or of tM instrument secured herby.
I'J Y/ITtJESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal tM day and year first aforesaid.
.Si ned, /Sealed an~~/ delivered in tM presence of:
~,,J / ~jf,~ sti.K--I~t~ r
~ ~' ~:
~ir it e t a '7C/YL..-.
!~
STATF OF FLORIDA 1
Saint Lucie 1j u-
COUNTY OF
tired C. Jenkins and C rlene Anne Jenkins. his wife. and
Before me personally appeared A
~' T '='~''-= and Doris Jenkins his wife, to me well known and known to me to be
tM individwls desuibed in end who executed tM foregoing instrument, and acknowledged before me that they executed tM ume for 1M prErF!~
therein expressed. And tM sal
wife of the said upon • sc(ywN _6'r,kf'~tny~~a
examination by me taken separate and apart from her said husband, acknowledged to and before ins that sM executed said inatrurt~ feea)V-and Ydu^v!,
tarily and without any compulsion, constraint, apprehension, or fear of or from Mr said husband. `: •' s,
~ L'-" January ~ _ . ' a} p; Iq~•,. ,
WITIJC~$ my hanri vend official seal this -day of ~ ~~ ~r _
'T / -t ~'t It 1 ~ / •r
ivotary Public ir. and far tf:s StetreiF-iTeridi a~ roe
_ My Commission expires: , : •~ C, ' ; n ?
r~..
Return To: (1• ~`3 Notary PUh'~C. ~ttlrF'pf'tt.'~ ~s .,.p
first Federal Savings E Loan Association J1.. ~-/ My CO•nrtf''•,rOnj£r ry~~~c••1.~. . ~•al-
Of Fort Pierce. eOnVCU Dy amenGT. '~" too; f>,~•r'.~i.
Fort Pierre, Florida F~L~O ,~~~p RCCO`?DFD
_ 1, ~ ;~~ =~ ~~c
` .~,L `.~ t/l~,r~
< ti • ,~
..ti:;. ,
.,~~:: -
%r t
. ,.,,..
CJ
1^~ '~'~ ~ ~ Ftt 2• ~?
~;, LGCIE CI;U'IiY. FLC
J_t5E3
0