HomeMy WebLinkAbout0486 3. TO pl~a and oq?timw~~ly kNp on th~ buil~ now or hKNft~r ~ttwh o~ NW land and on ~11 pv~t ~nd p~non~Ily opv~~d by Mi~ mw1~
prr witA dl pn+nfwA tl~~on pa;d in ivq, fin inswanu in tl~ vwal sundard p~olicy fonn, ~n a sum ~pprowd by th~ MORTGAGEE. ~nd wi~arm
t~auano~ in th~ wu~l ~~ud~rd pol~cy fa~n. in • wm approwd by ~M MORTGAGEE: in wch caepany or oompani~s a Mw MORTGJ?GEE nwy
dnct~ and ~II Rn ~nd wir~~onn in~wana pdkiM OA, My Of Nid bYildin~f, My MN~fit NlNfin O~ piH tF~rWf, t~ ~M apqrp~h wrn ~fanwld or
N~w~ ~M.~of. ~MII ooMain ~M uwal uu+dard matp+~ claus~ a wd+ al~w clau~e as ti~ Mortpa+~ ^~+r nv~?i~ makinp th~ iou u~da s+id po1i~
ci.~. Nch and ~wry. WYabN a said MORTWIGEE a in in~.nsf mar +PP~ar. «~d «ch and evs+y wci~ po~ky shatl b~ aomp~y .u:pn.d .r+d d~tiv.nd ro ~
~ny h?Id by s~W MORTGJ?GEE ~ furtl~ a~cwity w aid mortpap~ dsW. ~+d no~ I~u th~n teo (10) d+y~ in +dvu+n of th~ ~xpkation of Nch policy. te da
I'w~r b wid MORTGAGfE • ~~newal tMr~of, IoptthK with • noeipt for the pnmiwin of wch r~n~w~ij and th~n ~MII b~ no Pu~ a wlnd~twn+ lnwrsnn
pl~ad on an~r of wid bvlldi~g~, an~r htarat NNnin a p~.t fMnof, unl~ss in ~M fonn'and wi~h 1h~ loss p+yabl~ aa ~foreiakl~ and in tM ~wnt ~ey wm i
of a~on~y b~oonMS p~yabb undu wch polky a polkiaa wid MORTGAGEE shaU haw tM option w nc~iw and ~pply th~ wn~ a+ ~ccwnt o1 tM ind~bt~ ;
n~p Nc~~d I~~by or lo pKmit i~id AAORTGAGC)RS b teqiw ~nd uw N or any pa?t t}ier~of for other pu~poses, without tl+erob~ waivi~q or impair• j
~+~Y ~4~Y. li~n or ~ipht w~da ar by virtu~ d thi~ mortqsp~~ and in tM ~wnt uid MORTGAGORS shall fa ~ny reawn f~il to kNp ~M a~id pr~mis.s w ~
insw~d, af f~tl M d~liwr pramptly any Of s~id policiq of inwnnoR to said NYpRTG/IGEE, a fait pranpfly b pay fully any p~mivm tMnfw a M~ny
nsqct f~il b p~rMcn1, d'ischa?pe. ~:~cur~, ~ihct. oompl~t~ eon+py wi~h and ~bid~ by this covenant, a any put Iwrwf, said MORTGAGEE m~y plac~ and ~
D+Y fa wd~ Mar.anc~ a anr put tMnoi witAou~ walvinp or aif~ctinp +^Y optio~, ~i~n. pvfb, a rqM wklw a by vinw of thii Mort~pe. ~nd the ~
full ~mowu of Nd? ~nd w~r wch p~ymsm sk+lf b~ i~mwdiately dw ~nd pryaW~ and shNl bw tn»r~st from th~ d~t~ the«of until p+id a~ t~w rau ol ~
niee pM pntwn pK urwee and 1oq~tMr with wch interw sMll be s~cvt~d by tlw liw ~ of this morlp~pe.
4. To p~rmiy ooaw~it a wff~r ro wut~. imWirment w d~t~?iwatan of uid propkty a~ny pirf tMreof.
i
S. To pay all ~ed tinpular tM•oostt„ cMrpn ~nd ~xpMws, indudinp • reasonabb ~ttomey's fN u~d ousts of sbtr~cts of titl~. incvrred or paid af !
~ny th» by s~id AAORTGAGEE, b~twN or in tht w~nt of tF~ fulur~ a? 1M put of tM sald NIOR?GAGOR w duly. p~omptly u~d fully pKfon,n, datharg~ 1
~x~cutt, ~ffW. oomple». oomplY w~~h +nd .b~d. by ~ad~ and .wry ih. stipul+~~aw +W~~+~, eondiriwu„ ~~d ooven+nn of s.~d promiuory nor. and ~hi~ t
mor~pap~ +n~? w~i~lw~, and ~id eoat+. ch+~s and e~penws„ ~ad~ ad ~very, sh~ll be ir~diately ow and payibb; wMth~r a not tMr~ b~ nwid d~ +
+oand ~ttNnpl 1o co1Nd o~ wU pMid'w~pj and IM full ~nount of ~ath awl ~y wch piym~nt sh~ll bear intenst fran th~ datt th~r~of until psid at tht
rate of ~ p~r oentum pK urwmj and ~II said obst~ d~u~s u~d exp~nws inaKnd a paid, wpetMr with wch intanat, sh~G M s~cwd by tM li~n of tiw
mor~0+pw
A ihN in th~ ewM of arry bnach of ehis Mortpa~e a defauh on tlr psn of ttr lNORTGAGOR, a(b) in th~ ~wnt ~ny of s~id wms of mon~y
hahin hhn~d a b~ no~ promptlp and fully p~id within thirty Cd0) days next ~fter tM samt sevaaly became dw ~nd p~yabt~. wtthoet d~m+nd or notict
e? (d in tM wMN ~+ch ~nd twry tl+e sNpulatioe~, apr~ts. toexlitions ind tor~nn of w~d promissory nW~ Md this mor~pape ~ny a ~itA~+ an no1
~Y. W~P~h ~h_P~a~d. ~~9~. ~~t~d, effed~d, oompleted, canplied with ind ~b~ded by, tl~ in eid~ w any wch ~wm ti» ~aid sg
org~?q swa m~ntiaNd in s+id promis+ory rwt~ tMn nm+i~irg unpaid, with inter~sf acawd, and aN ma~eys aecw~d hereby, sh~ll b~com~ dw and p~y~
~ble fathwitl~ or thuesfter, p th~ option of said MWtTGl1GEE. as fully ~e~d compte~ely as if ~II of the said swra of rtwexy were oripirwlly aipul~ud
to b~ p~id on such day, anytFwg in ssid promissary ~ or in this Mort~aQe to tl+e tontr~ry notwitMtsndinp: aod ~her~upon w thereaher at ~M opfioe of
uid MORTGIIGfE, witl?o~t notio~ or dKn~rd, wi~ at lawr a in puity, tha.a(on a thsreaha ba9un, nWy be proaecvted ~s if all moneyt s~tw~d her~by
Md tMfw~d prior to its kntitution.
7. 71Nf in th~ w~nt tMt ~t th~ beyinnirg of or ~t any time pend'rg aqy wit ~rpon this Mwt9a~, a to foreclos~ h, w to nform tt, w to enforos
paymsM of wnr daims Aerew~d~r, pid MORTGAGff sAill apply fo the Court havirg jurisdktion thsreof for tM ap~antmer?t of ~ Receivc+, wch Coun shall
fortliwith ~ppoint s noeiwr of wid mwt9sy~d propeety ~I) ud siegula?. includ~np sll and ainyular ~Fk income, profits, issws and revenws from whatever
w~xa~ dw9wd. ~ad+ +nd we~y of which. it beiny expre~sly ~nd~rs~ood. is hereby mo.ry+yed a if tpecifiuUy ~et fonh and daaibed in tM prsmug snd
1++b~Klurn cl~uaa l~~of. ~nd wch Reaeivtr shall h~ve ~11 the brwd snd effective fwKt~oru and powcn in ~nyw;se ~ntnnt~d by a CaiN M a Raceiver, u+d
such ~ppointment sMll be e~e bp wch Caxt p an sdmitted equity and a man~r of absdute riyht to said MORTGAGEf, ~nd witlw~t refe?e~ce to flM
adsq~r~cy a~wcy of tM valw of th~ pbperty maqs~ed w to tM sonrsncy w iosolwncy of ~aid MORTGAGOR w the defendanb, and thal such
renn. p~ofin, 6~oarw, hwes and rev~nu~s sh~{I b~ ~ppli~d by wd~ Receiver aaordinp to tM lien or equity of sald MORTGAGEE and the pactic~ of svch
('.ouit.
e. To duy. pranptly and fvlh~ Ps*1e+m. dnch~rp~• ~x~rt~ ~ffect. cnmple~e. complY with md ~bide by ~ad~ anJ ~very the stipulatian. +preenxnts,
condtiom and w+renants in s~id promiswry eat~ and th~ mat~ye tet forth.
9. ih~t in th~ ~wM the owmrship of tM ^wrty+p~d Pre+nisas, or +op Part tMreof, beoomp vested in ~ perwn otMr tMn the IY10itTGAGOR, tht
AAORTGAGEE. Hs wooKfors +id assip~u, nWy. withow notice ro tl+e MORTGAOR. d~al with ~uch waesso~ a u,ocessor in tnterat with r~faence fo tha
morq~ and t!r debt hareby s~aKed 'n th~ wr» n?~rr~ as with /No.tyapa witlaw in aoy way vitiafirg or d~acl~a?yiny tF~e Mwt9agon' liability hen-
under or upon tM debl henby secwed. No sal~ of th~ premises hereby mort9a~ed and no fwbeswnu on fM part of the IYIORiGAGEE or in svccesson
or +ssipro and ra ~xt~nsion of th~ tin~e for tlr p~yment of the ~ hsreby secv.ed yive~ by ~he NtORTGAGEE or in succ~uors or ass;9ns, shall operate
to nl~ase. dachuy~. modfY ch~g~ w aff~ct th~ wipiml li~bility of the N10RTGl?GOR herein, either in wlak w h put.
10. It b spedficaly ayrsed tlut tim~ is of tM es~enoe of thb contract ~ed thN no waiver of ~ny obtigat~on herwrKler or of th~ oblipation se.
wrd hu~by sh+ll at arty wnt the?e+fta be held to be a w~ivd of the hrms her~of w of the ir~strvenent secwed herby.
1I. In additan ro tl+e fw~go:ng monthly paymeots of princ:p~l ~nd interest required by the p?omiswry nole secured hereby, mortgagor cowwants
sod ~qrea to pay w mortp~ye~ with each monthly p~Yment an add~rion~l :um esrimated by mwt9apee to be eqvsl to 1/12 of tF~e annwl coit of the follow-
inq:
A-All rea! prope?ty taxes levied a assessed ayai~t fhe sbove descri4ed resl estate.
d-Premiums on fire uid wirdstorm i~uwu~ce as Mrein requ'aed to be urried on the improrernenn iitwte on the above desuibed prem;ses,
C-Premiums on s~tch mor~9+9e 9w~snty inwrance ~s mortgagee thsll from t~me ro time deem fit to cury on the loan secvred hereby.
Maty~pae shall kom tim~ to time notify mort9agor in writing of tM amounr due a~d p~yable herevnder and suci~ sum sF~all thercupon be due and ~
paY+bl~ on the due date of the ~ext monthlY payment ~nd exh succeuiw month thereaher urtil mwt9syee sh~ll notify mortgsgor of s char~e in wch
amourN. Suth sums shal) b~ ~pplied by matys~ee towsrd the WYme~t of rt~l property taxes, inwrsnce prem:ums, snd mort8ape 9wranfy insuraKe
Memiumt• '
IN WITNESS VYHEREOF. the aid MORTGAGOR has hereuntp att I?is I~nd and se~l the day snd ar fint aforasaid. '
ed in the pr~sKw of:
~
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' STATE OF FLORIDA
j courm oF St . L.~c i e
; e.ro.~~,.P.~,.iy,~.,,.d Geor~~ Jones, a widower, surviving saouse of Ora ~
Lee Jones ~~,~~~~t~.~~~~~~
` rhe ind'nldwl~ duaibed in and who ~xecuted the fwe~o'wg &~strument. ~nd xknowled~ed befon ene that 3het ex~arted ti+e ssme for tM pwposes ;
~ ?i+e~ek~ ar~d. ~ ~e .
~ ~viF~-eF 1h~ -ukl- ~ ~m, _ '
! e,niwiiwtia~ ~ n~ t~k~n~ wpv~A ~+d~p~rt -f~om 1+er sNd-fio~bw~d; ~danowleelped ~arw~d~ be~on ~+w tlwtifwr~exa~uted iald-instn~r~ntt irael~ ~nd~relar
++~ig?arwi-wi~l~aM ' »iiNr-+P'r~t~nriw?r~r-fw-e4yrfiow+-Irryaid~~b+n~--
w~rKESS ~ ~d .~a ...i d,Y ~ c. i9_~..
' Notsry Publ' in ~nd fw the St~te of Fbrida at lu~s
Rstwn Ta. MY " a~ ~zpites:
~~,,,;,g, i b,,, FILE9 AND RECORDED
P;~,~. ~T. LUCIE COUNTY. FLA. Notary Public, ~tat~ of 19orid. at ta~.
RE ORD VERIFIED My Commission Expir~r Aug. 6, 1~7
FpK p~e~e:~:~yx~ 6anded 8y American Suraty Co, oi N. Y.
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t~oT:~,,~~-.~~: 146285
. AU 4~ _ ::Q.,E_F. ~'OiTRt.S
E 1-~ CLERK CIRCUIT COURT
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