HomeMy WebLinkAbout0046 I?nd said Mortqaqors, for th~mselves ~nd their hsirt, IeQa! r~prtNnlativt~, ~vtcauon ~nd auipna, Mr~by jointly •nd MvNSlty tOwn~nf ~nd a~t~
to ~nd with the ~aid MORiGAGEE, it~ wa~aon and as~iqrn:
1. To piy sll ~nd ainyular tM principal •nd int~rest and tl+~ vuious and tundry wma ot mon~y pay~bl~ by virtw of ufd promiuory nof~, ~nd M?b
maty~y~, ~~ch a~,d wsry, promptly on rhs day~ rerpectively ~i» s~me ~wrdly bscarw dw.
2. To psy •II and ~ingulu tM ax~s, ~upur+~nh. I~viet, li~biliti~s, obliQarionf ~nd sncumb~~~tN oi av~ry nHvt1 and kled aow on s~id d~svib~d
prop~rtY, a thaf M~aaft~r may b~ imposed, wff~red, plec~d, I~vicd, o~ ~uas~d tMrwn, w 1Mt Mr~aftK m~y ba levi~d or ssaNNd upon thh Mat¢
p~, a th~ ind~btedness s~cured Mreby, ~~ch ~nd w~ry, wh+n dw ~nd payabl~. ~ccordinp to law, b~fae they k»car+~ d~lieqwnt, and b~for~ ~ny 1ntKN~
e+taches w~~y penalty i• incurred; AND IN50FAR AS ANY TMEREOF IS Of RKORD TNE SAME SMAII 8E PROMPTIY SATI5FIEd AND DISCHARGED OF
REtORD AND THE ORIGINAI OfFICiAI DOCUMENT (SUCH A5. FOR INSTANCE, TItiE TAX RECEIPT OR THE SATISFACTiON PAPER OFFICIAIIY ENDOItSED
OR CERTIFIED) SHALL BE PIACED IN THE HANDS OF $A10 MORTGAGEE ~/VITHIN TEN OAYS NEXT AFTER PAYMENT, and in th~ ev~n1 1h~t ~ny t1?~r~ot it not
pafd, ist~sli~d ~nd dischsrged sa:d MbRTGAGEE may st eny time pay the ume w•ny part thenof withow waivinq or affrctinp ~ny option, IiM, pvity a
riQht undbr or by virtue af thi~ mo~rgagr and rh~ full emount of each +~nd av~ry such p~ym~nt sh~ll be immrdiatety du~ and pay~bla and sh~ll krear ir+esr~n
~rom the date thereof until paid ~t rate of ~Ipht per esntvm per •nnum ~nd toqe~h~r with •uch i~~~rett ~h~ll be fecured by the litn of th:t moryto~e.
9. To pl~u a~d oontlnuoualy kMp on tM bulldirps now or h~rwfhr slfwt~ on uid I~nd ~nd oe+ ~11 equlpm~e~f ~nd p~noe+Nly evwr~d by fhis mortp~
sp~, with ~ll pr~rnfureu tMr~on pa~d in fvll, fin inwr~nes in tM wu~f a~ndrrd poliey form, in a~um ~pprov~d by rM MORTGAGEE, and ~•Ied~torn?
kMw~np in tM wwl st~nda~d polity fwm, I~ • ~um ~pprov~d by tFw MORTGAGEE, (n wch eompany w eomp~niN a tM INORTGAGEE may
dG~ctr ane! •11 fir~ ~nd wi~dstorm inwr~nc~ p~l)cl~~ on ~ny of uid buildirp~, ~ny Intpr~t tMr~in or put ther~af, fn tM agyrep~h ~~m ~forauid w .
tn ~xtra th~nof, sh~il tor~taln tM wual ~tandard mortq~ye~ claua~ w~uch otMr ct~us~ u t1?e MutppN m~y rpuir~, makinp tM lou w~d~r ~+id po1F
cla, ~scfi ~ w~ryr, p~y~bl• fo ~ald MORTGAGEE iti int~rest m~y ~pp~ar, and Nch and ~v~ry such policy sMdl b~ promptly ~u.yr»d end d~~ivNed ro
~ny MW by ~aid MORTGAGEE is f~rther ~ec~rity to wid mor~pap~ d~bt, ~nd, nM i~s~ than t~n (10) diyr In ~drane~ of tF?~ ~xpkation of ~aeh poliey, ro eir
liw~ ro wid MORTGAGEE ~ nn~wsl thereof, to~etMr with a ec~ipt for tM pnmium of wch renewal; ~nd tMr~ shall b~ no fir~ or winditorm inwr~nc~
pl~e~d on ~++y of a~id bvildiny~, any intMr~st ther~in or p~rt ~~rhof, unleu in tFw form ~nd with the Iou payabl• n•for~sddj ~nd in tF» ~wM ~ny wm
of nwn~y b~corR~s pay~bt~ under wch pollcy w policies wid MORTGAGEE sh~ll h~v~ t!w oprion to receiv~ ~nd apply tM urrn en accovnt pf the Ind~bt~d -
nas Mt~r~d iwr~by w to p~rmif aid M~RTGAGORS ro rettive ~nd u~~ it or my part thsreof For ather purpoies, without thereby waivivrq cx impair
kq any puity, II~+ ur riyht und~r w by v+rtv~ of this mwtq~fle; •nd in tM weM wid MORTGAGORS thall fa any reaw~ fafl to kt~p th~ said pr~mi~„ w
inwnd, or f~il to d~Hv~r promptly any of uid polici~~ of i~uuranc~ to aid MORTGAGEE, w fail promptly to p~y fully any pramium thenfa p in ~ny
r~sp~ct f~ii to p~rform, di~ch~ry~, •x~cute, ~ffect, tompl~te, comply with and abide by this tov~nant, or ~ny part h~reof, ~sid MORTGAGEE may p~~t~ ~nd
p~y for ~~ch Iniur~nc~ or any psrt ther~of without w~ivinq or ~Hfrtinq rny option, lit~, rqvity, or riyht und~r or by virtua of this Morty~9~, u+d th~
tvll ~mount of ~~ch ~nd ev~ry ~uch p~yment sh~Il be immedietely dv~ and pay~bl~ ~rtd ~hall be~r inter~~t fran the d~•~ therwf until p+id ~t th~ rat~ of
nin~ p~r t~ntum ps~ snnum and toyetha~ with such interest shali bt se~ured by th~ fi~n of thi~ mwt~ays.
4. To p~rn?it, tomm3t w wffer rro wsst~, imp~irmenr or deteriontion of s~id prop~rty or any pan tMr~of.
5. To p+y all ~nd ~ihpul~r tM costt, charqef and •xp~nses, includiny a rea~onablt ~»wney's f~e •nd cost~ of ibitr~cri of titl~, incurr~d or paid ~t
wty tim~ by wid MORTGAGEE, b~t~u~e w in the event of the failure on tM p~rt of tM ~~id MORTGAGOR to duly, promptly ~nd fully p~rfwm, di~tharq~,
ex~cut~, eff~ct, comp~~t~, camply with ~nd ~bide by ~~ch ~nd every tfis ~tipu{atioru, pners»nri, conditiona, •nd cwvenan!f of said promiswry npt~ ~nd rhis
r~rortp~p~ ~ny or ~ithe~, end ss~d cosr~, charyes and expenaea, aach ~nd ~vrry, ~h~ll b~ immedi~t~ly dve •nd piyable; v~'uther or not th~r• b~ notic~ d~
mend, ~thmpt fo collact w suit ptnding; and the full ~mount of ~~ch and every suth p~ymant ~hetl be~r inter~st f~om the dats therwf ~ntil p~id ~t tM
rat~ of nins per ce~tum per annum; and all seid cost~, charQas ~nd expanu~ irxurr~d a paid, toy~ther with tuch inter~tt, ~hall b~ ~ecur~d by tM INn of this
morr9~W
6. That iet tM ~wnt of any breach of this Nbrtyega or dafaulf on the part of ths MORiGAGOR, w(bi in tM ev~nt •ny of s~id wm~ of rtwney
l~eJn r~fKr~d to b~ not promprly and fully paid within thirry (30) days next aftar the ~am~ ~evtr~lly b~come due and payabl~, withou~ d~m~nd w notic~,
os (tJ In 1M ~wnt each ~nd ~~ery th~ ttipulations, ~greert~ent~, condition~ snd tov~n~nri of ~~id promiuory note and [t~ia mortpay~ any a~ither an narl
~uly, promptly and fully p~rform~d, d~scharyed, e:ecuted, effected, completed, complied with •nd abided by, then in either or •ny such sv~nt th~ aid ~g
pr~y~h wm mtntwn~d fn s~id promiuory rwte then rem~ininy unpaid, with interast ~ccrwd, and •II mone;~ secvred Mr~by, ~hall beconK dw •rsd pay~
ahl~ fortMrith, or then~fter, ~t tfie optian of taid MORTGAGEE, p fully snd complet~ly ai if •I! of the aid sum~ of money w~rt w~qindly ~tipul~t~d
to b~ p+id on ~uch day, ~nylhiny i~ ia~d p~omissory rrote or In thif Mortq~ye to thf contr~ry notwithst~ndin9; •nd !hereupon w ther~efter at tM Apjion of
_ said MORT~GEE, withoul notice or demand, ~uit •t law or in equity, fMnfwt ot th~reaft~r beflun, may be prosscutsd ~s if ~II mon~ya wcund ha~by
Md m~tvr priw to i» imtitWio~.
7. TMt in the e~ent that at the beginning of w~t •ny time pendiny any ~uit upon thi~ Monyage, w to forecloss it, or to raform it, ar to tnforp
paym~nt of •ny cl~im~ hereundar, •eid MORTGAGEE shall apply to tha Court h~vlny jurisdittion theraof for the sppointment of a Receiv~r, wch Cov~t ihsll
Forthwith ~ppoint • receiver of ~aid mortgsged property al! ~nd ~ingular, includ~nq •II ~nd •inyuler the income, profits, iasuH and r~venws from wh~tev~r
souru dsrived, eath and •very of wh:ch, it beinq expressly underitocd, is hereby mortp~yed as if ~pecifita~ly tet forth and deuribed in 4h~ p?~~tinq and
h~b~ndum cl~uses hsreof, snd such Receiver ~hsll hsva sll the broed •nd effediv~ functfons ~nd powen in anywise entrust+d by • Covn to • Rsceiv~r, rnd
wch ~ppoiniment ~hall ba mede by such Court as an •dmitted equity end a rt+ett+r of ab?olute riyht to Nid MORTGAGEE, end without r~f~renc~ to tM
sdpuacy w in~dequ~cy of th~ value of the property mortflayed or to the solvency or insolvtncy of aid MORTGAGOR w the def~nd~nts, ~nd th~t svch
r~ntb profits, incom~, iuues snd revenurs ahall be •pplied by tuch R~ceiver accordiny to the lirn w equity of uid MORTGAGEE ufd fM p~~dip of such
Court.
8. To duly, promptly ~nd fully perform, discherge, execute, effect, cortsplste, comply with •nd abide by each end svery fhe sttpulations, ~yr~em~nts,
ea+dltions and tov~nt~ in uid promissory nota and thi• mortflape set forth.
9. Ti~t in th~ event the ownenhip of the moriflaqed prembet, ar sny q~rt theraof, becomet veYted in • penon othsr than th~ MQRT6ACsOR, th~
MORTGAGEE, it~ wcceison •nd essig~i, may, without notice to the MORTGAOR, da~l with such tucces~or w ~uccesaor in interoat.with'flfii~~ ro this
mortyap~ snd tM debt hareby secured in the s~me manner witfi MortQ~qor without in any ~rvay vitiating or ~d+schsrpinq th~ JiMqrt¢iqq~i% li~biliiy~, hrrr
u~r a uyon the debt hereby secured. No tale of th~ prtmisas hsreby mo+ipaged ~nd no forbearance on the part of th~ MOiljCi!{GE6 w.i}i suc[Mwn
p ntiyns ~nd no ~xt~nsion of the time for tM payment of the debt hereby ~ecured yiven by the MORTGAGEE or i» tutcOs{eis ,IK~ s~gty, ~Ft~~rop~~Mt~
~p r~hMa, di~cl+~rp~, modify ch~ny~ w~ffoct the original Ii~bility of ths MORTGAGOR Mrein, aither i~ whol~ w In p~q. .
10. It b tpadfically p»~d thst time if of tha euenc~ of thi~ contr+d •nd that no waiver of a~y okaliya~ion h~riGn~ u of flw oblipifion 'ti~
ax~d hsrsby sh~ll ~i ~ny fim~ thereafter be held to be • waiver of th~ t~rm~ harsof or oi the insnumeM ~ecured herpy. : _ ,
11. In ~dd~tion to the foreqoing montfily p~yments of princ pel and interrst required by the promissory nate ~+tu+ed h*reby, mwlQ~br.-FownanH
ud sfltet~ to pay to mortpsgas with each monthly payment •n sdditional sum ettimated by mortg:.gee to to aqual to 1/12 of the snnwl tait of~tfia.#ojbvir
. ' , .
A-All n~l praperry texes lsvied or assessad againet the sbove described real es+ate. ~ .
6-Prsmiums on fire ~nd windstorm inturente ai herein requ~red to bc urried on the improvement~ siruate on the ~bove"ft~scribed~ pr~mises.
C-Pnmiums on wch mortyape guaranty insur~nce st mort9~9ea shafl from tim~ fo time deem fit Io carry o~ the loan s~e.~ursd'h~enby.
Mortgayee shall from time to time noti4y mort9ayor in writiny of th~ amount due +nd peyable here~rnder and such sum ~hall thei~upon br dus ~nd
p~y~blt on tfia dw dste of the next monthly payment ~nd ssch ~ucceuive month thereaher unfil mwtgagae thall ~otify mortqsya of a than9e in suth
~mount. S~ch s~m~ ~Mli b~ applied by mortqaqe~ towerd t1?~ payment of r~sl property taxes, lnsurante premium~, and mort9~y pu~r~nty insuransu
pr~mium~. ~ ' ~n
IN WITNESS WHERE , tfis uid MORTGAGOR kl5slha4~Mtd4~~~ ~~ttr dey •nd ye r first ~ resmid.
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s~ , s..+.d .~,a r.d q~= -I~ 0 0 K
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STATE OF FLOR{OA R 0 c"' u.~ n!~ S,.C L~ ft K
~,u~„~~~~~~ . Lucie ~•~UCic GUUNTY,
. eitar+::~~l+~X •py.~?.d ~~M M ~Tones •~d
T.i1 1 ie Mae soneg
his wif~, to me w~H known a~d known to ms to b~
fiMr jndj~i~lh dNkriliad- 1it~~nd who ~x~cut~d tF» for~going 1a~trurrtenl, ~nd ~dcnowl~dp~d btforr rt» tlut tF+~y •x~tvted the ssrtH fw fF» purpw~s
r„~,,,~ T i 1'1 e Jone s
wlfi oM 1fi.` s~id --~-r~-- '~hf
Z' M 7one s upon ...p.nt. .a,d priv.t.
:~ac~ fn~fio~} by rr~ I~`1r
in .arji~rate ~^d apart from Fm said hwMnd, ~cknowl~dq~d to ~nd btfore r!» tMt fh~ exetut~ed taid inatrum~nt fiMly ~nd volwr
-:t+~dA~i•~nd~rvA4ieut an~t~om~,liior~, corurre;nt, sppr~h~niion, w fca. of or from Mr s~~d husband.
YIiTfMF~Smt~~h~nd #r?d offici~l s~~l shi¦ 2~ day A. D. 19~
, ~''r!~:,;,;:
Nafary Publlc En a tfi~ St~te Fbrida at larys
Mr Cunmis~ion t tr 3/~ G C~
itetum To: ~volaty ~U~.~jtc. $;'lC G. t. ~
Cit+=~ns Fsdar~l Sarinqt i Loan Astociarion My Comm;SSIO(1 ~zjH!?; iilz~r'~ j,~ j;~ f
Of Sf. ~Ilili C4Yntr 6onde~ DY I.rcricar. f:o ;.a:.:•ir ~a.
Ft. Pi~rce, Florida . BQ~K 4~