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HomeMy WebLinkAbout0989 t ' ~ ~ To plau aed contiiwiouily ke~p on tM buitdinps now a t+K~ahN ~itv+t~ oe uid t~nd u+d on +11 puipmeM ~nd pNSOnally oova~d bfr thh ~at~ p~, with ~11 p~~mtw+A tMreon piid in ful~ fin i~uranc~ in tFy usu~l sundard policy fwm, ~n • tum +pprowd by tM MORTGI?GEE. ~nd wi~Rh~pn~ irqw~ in Mw wwl au~da.d pol~cy fam, in ~ wm ~pprowd by ~M N10RTCAGEE; in wch compsnY e* eon+P~nia a t1~e MORTGII~3EE may dind~ +nd dl fin u?d windpwm imwana polK~es on aey of wid build~nps, any Ieqnst thtr~in or pHt tMnof, b iM pqrp~t~ swe afw~sald a In ucaa N~~ef, ~hall cont~in tM viwl a~udard matp~ dws~ a wch o~hK dws~ ~s tiN Matya~ maY ?~4u'u~. makinp tM bu w~ ad po1E ciw ~ach u~d ~w?Y. WY+bI~ w ~aid MORTCsAGEE a its l~tKat m~Y ~PP~+~. and ~ad~ and ew?y s~ch policy shatl b~ p~omptM +ss:yned and d~liv~nd w ~ny MW by wid MORTGAGEE a fwtha se~rity ro aid mort9~ debt, and. ~ I~ss than »n 1101 days tn dvurc~ of th~ ~xpk+tion of exh policy. ~o dr liwr to s+id MORTGAGEE ~ r~w~l thkwf, to~ethK with • nc~ipt for tM p~nium ot wch r~new~tt a~+d tMr~ ~h+ll b~ no fir~ w winditam irour~nc~ plapd on wiy of ~aid bvlldi~, a~+y lnrenat tMr~in w p+n tlwrwf, w+~eu in ~M forn~'and with tM bu paY+bl~ a ~toresaid~ and in th~ ~wnt aeqr wm of mon~y b~can~~ paY~ wch polky or polici~s said MORTGAGEE sh+ll !ww tM option b ~~uiw ~nd ~ppy ~M sarM on ~cwum ol tM M+d~bted~ n~sa sKw.d I,K~y or w pKmif a~d MORTGAGORS ro naiw and us~ it p ~ny part Ihereof fw o~her ~rposes, without tha?eb/ waivi~y w Nnp~ir- u,p a~r .qu~ry. li«? w riphl ueda ar by virtw of tNs mott9+pr, and in ~rlw ~va?r s.M MORTGAGORS sha11 fw s~+y r.sson fail ro kkp ~M s.id pr.miu, •o insw~d a fail to tkliw? P~~W~Y u~Y of iaid policies of i~wra+~s to said MORTGAGEE. o. f.ii p.o~~h b wr fi+iy ~ny pKnium tha~for a in ~ny r~~qet fail b paforn~, d'ixhup~. ~x~cvt~. ~Sf~ct. oompl~N, oompy? w~~h +nd eb~d~ bY this cown+"t, a any p~N Mrwf. uid MORTGAGEE may plaa ~nd piY fw wd~ Iewwanc~ or u~y put thueof witFairt w~Ninp w ~ff~ctinp any option. li~. ~?ity. a ripht undN or by vi.h~ of thif Ma~~pe. u~d tM full amovnt of ~ach Md ~vay such p+rm~nt ah+ll b~ invnadi~t~y d w a~d pay~bb and aMll k»x intK~st from t!n dab therwf w?til p~id a~ th~ r~b of n;n~ pa pntu,n pN ~n•wm ~nd top~the~ with wcA inte~at shaU b~ s~cund by tM ii~n of rhb morp+~e. 1. To pan+h, oomrnit o~ suffa no wut~. MeM'vment w d~tKiw~tan of s~d P~~hl «+~Y P+N therwi. S. To p~y ~11 ard ~inpular tM.oats, clwrpea aed ~xp~ues. iecludirg • rosson~bl~ attorn~y's fe~ ~ard oosn of +bstwds of title, h+cvn~d a psld at any tim~ by uid MORTGAGEE, baavs~ or in th~ ~wnt of tFw failwi on th~ put of tM ~sid lNORTGAGOR a dvy, pranpNy and fu~hr p~rfo?m. d~xMry~ ex~cvt~. ~ff~d. aanPl~te. oomplr w~th ~nd ~bid~ bp ~ach ud ~wry the stipvlafions. ~Orseme^~s. conditioro. aew! aown+nt~ of s+M p~omis~ory noh and tha monpp~ ary a e~~Mr, and iaid oost~, da.0a ~nd exp~rws, ~ach and ~wry. ah+tl b~ knmediat~ly dw and pay~bbt whethe~ a not tMre be naici dr mae~d, att~mpt to coll~ct oe wit p~~d'u+p: and th~ full arnount of ~ach ~nd wery wch p+Yment ~h+ll bsa. int~?est from ~h~ dat~ fMrwf ~mtil paid at N+e r~~e of nirw per tentum pK anwmj and all s~id cbsM, char9es ~nd expN+tes inturred a psid. topetha with such inte~t, ~hall b~ s~cured by tlr liu~ of Nw '"aq+y~- 6. That in the ~wnt of any beacA of this Mortpap~ w defa~lt on tM psN of tM MORiGAGOR, a(b) in tM ~wm a~y of uw! wms of moMy herdn rtftn~d ro b~ not {xompt~y snd fvly p~id withia thirty (30) days neat aher th~ s~me severalty b~can~ du~ and payabl~. without dam~nd or notio~. w(d in ~h. ~w~r ach .nd wery rhe ~8q,la~ions. +yre+^~.^M. ca+d~rian ae~d coven+~n of sa~d pran'~siwy nor~ and fh~s morp+p~ any a eiHwr an ea iu1y, promptly and fully pKformd, discl++rped. ~xecvted. ~fficted, compl~ted, compl~ed with ~nd ~bided by, tMn in eithK a ~ny such ewm th~ ~aid aQ prq~b wm m~nrion~d in asid prom+ssory not~ tMn r~inirg w~paid, with intenst acuusd, and all moneys secur~d MrebY. shdl ba+om~ dw and p~y- ~ble forthwitly p tl+e~~aftw, at tM op~an of ~aid MORIGAGEE, as fvlly and comple~ely ~s N~11 of th~ said sums of morwy wer~ oripin+lly ~tiput~ted to b~ paid on s~ daY. anythinp in said promiuay eate or in thb Mort~a~e to the contrary nwwitMtandiny: and therwpon or ther~aha ~t th~ option of uk! MORTGAGEE, withovt notin or d~m+nd, suit ~t tarv a in puity, therefor~ or thareafier be~un, m~y be prosecuted u if all moneys s~cw~d hsr~by nad m.+und prar ro in tns~irutan. 7. Th+t in tM went thafsat the bs9inninp of or ~t ~ny tim~ pendirg soy wit upon this Morty+ye, or ro fo.ectos~ it, a w reform ib a to enforp p~ym~nt of ~ny d~ims herew+der, s+id'MOtTGAGEE sh~ll ~pply to the Ca?h havinp jurisdiction thereof ~w ths appamma?t of a Receiver. wch Cou.t sh+ll FortAwith appoint • reuiva of satd matpapd 'property all aad sinpulu, includ~np ~11 and singul~r th~ income, profib, fuuts and r~venues (rom what~w~ souree d~rived, each and eve*1t otav~uch, it banp e:preuly ~~derstood, is hercby matgaged u if spec~fically s~t for~h and daaibed in ~M 9r~nrirp and hab~ndwn clauses hsreof, u~~s ReoejOit,~M11 1»w a41 the bioid ind effective funct~ons ar+d powen in ~nywise entrusted by a Court to ~ R~ceivtr, and wch ~ppointmN?t sA+ll b~ rryd~~/ t~.CoWY a~ an ,admined p~iy and ~ matte~ of absotuta right to s~id MORTGAGEE, u~d without refersnce to tM adeq~wcy w iewd~qu+cy oi ~Iw va4~ o# tM:pbperty r+orf~~ed or to the wnr~n`cy 'a ~nsolvency of s~id MORiGAGOR w the defendants, and rhat such renes, proFin, inoom~, isw=s ~asd. isva~w~s ~+II b~ ~ppli~yby wd+ Receiver accwd~np to ths lien w puiry of said JNORTGAGEE and iM pracric~ of wch ~t• S. To duty. promptly a~d fully pKform. d'acharp; ~exaade: ~ff~cf. compkte, complY with ~nd abide Ey each ~nd twry the stepulationa, ~p?e~menb. conditioe~ ard coven~nn in sa~d promiuory'not~ and this rnort~e set fa~h. 9. Th~t in ths tvent the ownership of the naAy+yed pramises, or ~mr p+rt thereof, becomes vested in a peno~ other th~n the MORTGAGOR, tl+~ MORTGAGEE, i» succeuo~s and ~ugns, m+Y, wid+out notice to .tM MORTGt~OR, deal _ with such suaeswr or successor in interest v~rith refererxe ro this ma1p~ and ths debt hereby secwed in the s~me manner as with lMorty~gcw w~thout in ~ny way vitiatirg or discharprtg ths Mo~tysyors' li~bility here- under w ~pon tM debt hereby aecured. No s~k of tFK premis~s hereby mort9s9ed ~nd eo forbea~arwe on tM put of the MORTGAGEE or tn suaes~a or aiiyro and no extension of the time fw tM p+ymem of the debt hereby secured piven bp the MORTGAGEE w its ~uccssso~rs or ~u~pro, sAall operat~ ro rel~a~, dnch~rp~, modify ch~np~ or ~ffed the oriy~n+l li~bil~ty of the MORTGAGOR Mre+A, either ie whole w tn put. 10. N b specifically apreed th~t tim~ a of ths essence of this contrsct and that eo wirver of any obtip~tion Mrew~de~ or of tlw oblipation se- cvnd ha~by sMU ~t +ny tirn~ ther~aft~r b~ heW to be a waiva of tM Nrms herwf or bf th~ imtrument ~eoured herby. I1. In add+tion to the fwego:ng mo~thly psymems of princ'p~l and interest required by the promissory nole secured hereby, mwtgagot coven~ms and aprces b pay to mortgagee with e~ch inonthlY paYment an ~dd~tional :um estimated by morty~gee to be eqwl to 1/12 of the annu~l cost of the follow- in~: A-All real propery taxes levied a assessed agsinst the above desttibed real eststa ~ 6-Premiums on fire and wi~dstorm inwrance as here+n rcqu~red to be urried on the improvemenri sitwte on the above desuibed premises. C-Premiums on suth mortgsge guaranty inswance as mwtgagee shall from time to time deem fit to urry on the Iwn setured hereby. f Mortpagee shall irqn time to time notify mortsagor in writinp of th~ ~mouM dve snd psy+ble here~nder and such wm shall thereupon be due and payabb on ttx due date of rhe ne:t monthly payment and ~ach successive monrh thereafter ~rstil mo?tya~es ihall notify mortgagor of a chan~e in such ; amount. S~rcfi sums thall be ~pplied by mort9spee toward the payme~t of real property taxa, inwrante prem:ums, and mort9sye puannty inwr+nce ~ prerniums. IN VYI7NE53 WHEREOf, the s~id MORTGAGOR has hareunto set his h~nd and ~esl the day ~nd yeu fint aforesaid. Sipm ~Isd d liwr n re of: . i _ ~ ~ Y n t STATE Of F10RIDA ~ St. Lucie courmroF ~ . ~ ~ n ~+p~?ed Rov F. .Tenkins ~ ~ ~ ~r~ y.,~'t~T'OZ J@82'1 Jenkins 1ds wi{e, to me well known ~nd krawn to me to b~ the individwb daaibd In ~nd•who ~:ecwed tM foreyoirg instn~nem, and ~cknowledged bsfore ms that tF+ey executed th~ ssrn~ for tM purpaes ,y,d w;a Carol Jean Jenkina wift o~ tlw wW Roy E. Jenkins , vpcn a s~paat~ ud prtvat~ sxwn4ution bp nw qkan sepawt~ and ap~rt irom Mr uid husb~nd, adcnowkdped b a~d befw~ m~ th~t sh~ execvted ~aid iratrumant fre~ly ~nd voluir tarily and v~rithout ~rpr compvlalon, constraint, spprehension,~ fear of or from I~u aid M+sband. . WRNESS mp h~nd and official seal +1•:• V~B day A i A. D. ~v 66 Not~ry PuW' and fw the Sut~ of Horid~ ~t L~r~ My ~xpires: R~twn Tac Hrq f~d~~al Savinps i loan Auoaatioa . • Of Fat Pierce. D~p NOt1TY PUS~C. ~tdb Of I,Orid~ wn PK.a.. Fb.~ Fll ~N R~ ~ O O K~ ~ eor ~ed BylAmer~n S ~ty Go.'ot N_ Ys ~ `.~,~,alsk~~~~,: , i`/~~"' ~ • . '-'p i ~•Y ~,4i , ~ ° -o~,.t 2 AM Ip ; 4 ~ . , - o~' Y~~ ' _ . 31 ~ .~-;z. i Rrc ~ 44s ~ . ,o.- • . . : ; ~ ~~E . ~ f~`- ~ ~ _ R ~ t i t ; . , ~ • ~ 8 i.1Q,:: ..:y ~ST. L~C~E Ct;UN Y• ~ n,~;.`_~,~ . FLORIDA ~ . ,I~~'~.,~~~?t~1 'S• . - _ . , aooK144 387 ~ ~ . L~,,~,- - ~ . ~ - _ _ - - - _T~_ _ - - - ~ _ _ : . ~