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HomeMy WebLinkAbout0677 . ' ~ To pl~c~ u~d oontinuwaly k~p on tM butlanps now a Mr~aha W~wt~ on sak! tand snd on ~It pu~pnknt u~d pNtoea!!y oownd by this maq~ , w~. with al! pran+wea thenon paid G? fulb fin Insw~nc~ in ~hs uswt srandud pol~cy fo.,n, in • iww ~owd by th~ MOR~GAGEE. and wind?ta~n ~nswa~o~ in tM uwal ~~~nd~.d pol~cy fa.n, tn • swn approv~d by tM MORTGAGEE, an wch company w oompani~s a th~ MORTGA('sEE nwy dtnctr ~nd ail ftr~ ~nd w&d~wrm iraw~ea polK~es on aey of ~aid bvild~rps. ~ny int~rnt tlwnin a pan fFwwf, b dr p~rpa~~ sun+ ~for~aW w in ~:ap tM?wf, ~MII cont~in tM uwal standard mor~9a~e clav~ w suth other dws~ ~s tM Mortp~ maY nqvv~. m~kinp th~ loss u~wlK ~aid po1F c~e~. ~ad+ u+d ~wry. p~Yab1~ a wk! MORTGAGEE a in ie+terest m~y ~ppsar. ~nd tach and twry such pol~cy ~11 bt promptly au:pned ~nd dNiwnd to . ~~Y ~d by s~M MORTGAGEE a~ fwtha ~scurity w said monqs~ dcbt, and, na I~s~ than tN? (10! oays ie ~dvanc~ of th~ ~xpir~twn of tach policy, to d~- J I~~.. ro said M«tTGAGEE • r~ww~l ther~of, tope~hK with a ~ec~ip~ fw tM premium of such ~enewal; and ti,K~ ~II br no fu~ a winditorm iewrar~ Pt.ad on anr of aW bvtWuqs, MY TflfKfif MINfiII Ef t~fNlOf, ~nleu in th~ form ~nd with tM loss p~y~bl~ u afw~idt u~d in tM ewnt any wn? ~ of mon~y beoomp p~yapb ~nd~r wd~ polhy or pol;aes Nid µpRTGAGEE shall Mw tM op~ion ro rec~iw and ~pply tne s~rn~ on ~ccovnt of tM Ind~bt~ neu Mcw~d htnby a q pKmi? Nid MORTGAGORS ro nceiw u~d uu it w any par~ the~eof for other purpwq, w;thout Ihsrebr waivinp w impah- irq ~nY puity. l;~n a ri~b~ w~ds~ or by vir~u. of ~his mo.r~spet sed in r}w •ven~ ~a~d MORTGAGORS sh.ll fa u~~ reason fail ro k.ep rh. ,aid pnmia•s so ~ ~nsurad~ o~ fai! b ddivK promptly ~ny of said policies of inswant~ 1o said MORTGAGEE. w fail prompth ~ P+Y ~+~h ~+Y W~^+~vm therefor w in any re:pect fatl b p~rforeh, disclwrqe, ~c~tut~ ~ff~ct, compl~te, comply wi~h ~nd abid~ by thia cownaM, a am psn henof, s+id MORTGAGEE m~y plsp and P+r fo? such iraw~ w+ny put tMreof withovt waivinp or aff~ctinp snY option, Ii~n, puiry. w ~iph~ und~r a by virtw of this Monp~p~. and tM full ~mouot of tad~ and w~y such paym~M sMll b~ Unnediately du~ ~nd payable ~nd shall btar Fnte?cs/ hom 1!» dah tFareof ~ntil paid ~t th~ ~ah o1 nine p~t petwn pK ~nn~m and top~tha with wch inttrest shall bs tecu~ed by tM li~n of this mortq~~. ' _ 1. To qnnh, oommit or wffu oo wast~. Im~»irment or d~terioration of said ~+rope.ty or sny put therwf. S. To pay ~II ~nd siegvlM th~ cosh, char~es ud expe~se:, incl~dirp ~ r~awnsble attwney'a fe~ and cosq of abs»ach of titls, incvr.~d w paid at any tim~ by a~id IY{pRTGAGEE, l~caus~ pr in tM ~vMt of th~ failurs on ths ps~1 of ths aafd MORTGAGpR 1o dulY. promptly ~nd f~lly pKforrty difc}u~ •xec~re. ~ff~ct, ownpl~t~. comply with ~nd ~b'~de by ~sch ~nd avery the stipulations, agreemenn. condirans, snd cown~nn of said promiuwy nor~ •nd ~Ms mortyW~ ~nY w ~ithN. ~nd said coab. chu~es and expenses, e~ch and evay. aFwll b~ immediately due and payables whatMr or not ther~ be nofiu d~ mand, a»~mpt to oollKy a wit pnd~rgj and th~ futl srnovm of each ~nd every wch payment shaU bea. ~re~e~~ f?a,~ rh. d,t. rhe~eof uetu Paw a rM rate of niM p~r oenfum pet an~?r~; u~d ill iaid costt, chugss u~d expenses intur~~d or p~id, toge~her wi~h such in~~rNt, sh~ll b~ acw~d br tM lix? of this ~ro•~ b. TMt in tl~s ewM of any br~ad~ of lhis Mortp~p~ or default on th~ psrt of ths MORTGAGpR, or (b) ie~ the event any of said swns of money ~ her~in r~fur~d ro b~ not promptly and ivliy paid wi~hin thirty (30) d~ys next ~fte~ the same severally becom~ dw ~nd payable, wi~hout d~m~nd a eotia. i or (c) In the twnt ~ch ~~d ~vNy th~ stiputations, a9~eem~nts, cand;tions arwl coven~nn of ~a;d promissory nots and thls mo~tp~ any or ~ither ~n ~w1 ~uly, proenptty and {~I~y pNfprm~d~ d~scM~ged, ax~ted, ~ffected. completed, complied with and sbided by, th~n In ~itMr w any ~uch ~wnt tM said a~ Qr~yat~ wm n~tioiwd In s~id prom;uory npt~ then rems~nirg unpa~d, with intcrest acuucd, att moneys ucvrd. her~by, sh.N beaom. dw and Par eble forthyvitl~, q fFlMpftN, it tM option of said MORTGAGEE, ss f~lly ard comple~ely as if aii oi the s+id w~na of ma»y vrer~ orqie~ally ~tipul~ted to b~ paid on such day, anythiny in sa;d pre,n',ssory note a in this Mortgage to the contrsry notwitlutu~dinps snd th~rwpon w Nnr~afta at tM option of ~~id N40RTGAGEE, wttlwvt noric~ or dem~nd, suit ~t taw or in equiq• }FftfllOrQ OI tIlHN~/N begun, nwy b~ proNait~d as if all maKy~ s~cvr~d Mnby n.ii ma~w~d p?iar ro ns iiuutinnan. Th~f in fM ~wnt that N fh~ beyinnin~ of or ~f ~?y time pending ~ny wit vpon tha Nlorty~ye. w to fonclos~ h, or to nform h, or fo ~nfwa paym~nt of any daims Mteunder, s~id AApRTGAGEE sMtl apply ro the Goun having jurisdictioo theraof fa tM appa»tman of a ReceivK, wcA Coun shall Forthwith appolM a noeivN of said tnortps~ed propMy all and tingu~ar, includ~ng all and si~g~lar tM incom~, profits, isswt ~nd r~wn~e~ from what~vK wuru d~tiwd, ~ath Md twry p# wli,cl~, it peinp txpressly urdcrstood, is her~by mortgaged as if tpecifialfy ~et fwth and dewib~d in th~ prantinp ~r~d habsndwn claus~s I~r~of, and such Receiv~r aMll Mve alt the brwd and effenive furxt~ons and powers in ~nywise ~ntrusted by ~ Court p ~ RtaivN. ~nd wth appoinfinent aha11 be m~ by such Court u an admitted eq~ity and a rn~ner of absolvte riyht ro taid MORTGAGEE, and without nfenop to tl+~ ~deq~~cy w iMd~qwey of th~ valw of the property mortgaged or to the sonrency a insolvency o( saed MORTGAGOR p tl~e defendan», and that such ! rent~, profits, incom~, law~ and rtvenues sh~ll b~ applied by such Receiver accord~np to the lien or puiry of taid MORTGAGEE and tM pr~ctia of such Court. 8. to d~rly. Pro~ry ,~d s~iy P..ro.~,. d'~scharye, execute, eifec~, compkte, aomply with and abide by aach u~d ~vsry ths stipulatlons, ~n~nU, ca,d~fions and aoven+nn in s.id prombsory ~ote and ~his mortgage set fwth. - • ~ 9. That in tM wem rM ownsnhip of the ^nort9+yed Pren+~ses. a eriy pan the.eof, becornes wsted ~n a p~non other th~n the MORTGAGOR. tlr h10RTGAGEE, in wcc~ssws ae~d au;p~s, iruy, „n;~hout notice to rhe NWRTGAOR, deal with svch successo? or ~ucc~swr ;n interat wirh r~fert~ce to th4 mortyap~ and tFM debt Mreby setwed in tiw same manne~ as with Mortgsgw without in any way vitiatinp p distharyiny the Mortqsport' li~bility Mrr under or upon tM d~bt hereby secured. No s~le of the premise~ hereby mo.rgaged and ao iwbeaunce on ~he p~n of rh~ MORTGAGEE or in waesson or auige~ and np ~xttnsion of the time for the payment of ti~e debt i,~reby secured given by the MORTGAGEE a its sucussws or astiyru, ~MII op~rat~ ro ralew, diulwrpe, modify ~hany~ or affett the originsl Iiabil;ty of the 1NORTGAGOR herai~, either in whole a in part. 10. It b specifkally ~yreed thar time is of ths essence of this conrrac~ ar,d that no waiwr of any oblg•Ywn her~under or of tM oblipatan tt cured ht?eby ~hall at any tirn~ thereaher be held ro be a waivcr of the terms hereof a of the insavment secvrid Mrby. 11. !n addiTion to the fwego:ng mo~~thly paymrnts of princ'pal and interest required by tlx prorti~uory note secured hereby, mortpagor tovenanri and aflrees to p~y to mort~apee with esch monthty payment an additwnal sum estimaled by mwtgagee to be eqwl to 1/12 of the annual cost of the follow- ing: A-Ail real prop~rty taxes kvied or assessed aqainsr tF+e above dewibed real estate. B-Prdniums on fir~ ~nd winditorm inaura~ce as herein requ~red to be carried on the improvements situate on the ~bove desuibed premises, C-Premiums on such mortQage gwranty insurance as mwtgagee shall from t~me to time deem fit to urry on the lo+n secvred hereby, Mortpagee shsll from time to time notify mortgagor in writing of the amoum due and payaWe hereunder and svch wm sMlt thereupon b~ dw ~nd pay~ble on the due date of the ne~et monthly payment and eath successive mo~dh thereafter urtil mwtgsgee shsll notify morfgagq of • chanp~ in such emount. Such wms shall be ~pplied by mwtgagee toward the payment of rosl prope~ty tsxes, inturance prem~ums, and matysye pwranty imuwnc~ premiums. IN WITNESS WHEREOF, tl» s~id MORTGAGOR hss hereunto set Iin hand and seal the dsy and r fint afor id. Si~w~b S bd and h r~d i • pr of: ' ~ ~ n ~ n--n STATE Of FLORIDA ~ ccuNtir oF T.~te_iw ss. seton me p.no~„Uy,pp.,red • Heraee B. Jones ~ Mar B Jones '"d ' Y • ' his wife, to me well known snd known to ms to b~ ~ ; rhe individwb describ~d in and rvhe ex~wted tM forayoirg instrurnent, and acknowtedqed before me that they executed the same for the pwposes i i therein expres~ed, And tlw pid ~f8j+p ~JQj1eD ; ~ wife of tIN sajd _ ~O1~BCQ B Jone s _ ' vpon a separats and priv~t~ Exam~naYan by me taken ssp~rat~ and apsrt from her said hvsband, ackrawledped to and before me that ihe executed said instrument freely and vol~rr tar~ly and witfw~t aM compulsion, cpntraint, apprehensan~r feu of a from ber s~id husband. WITiJE55 my hand and officiat seal rhn day of Sentember A. D. 19~,.~2. ~ ~ ~ Notary o~blic in and for the State of Florida at Lu~ ~ ~ , • MY Ca~vniasion ~xpires: Retwn Ta f2atary Ps:~:c, Stetc rlor:ia et iarq~ F;~f ~.d~a~ S'~t°°' ~ to~ A"°"'~'°" Mr Commission Expres Nor. 3. 1969 Of Forf Pierte. beNO 6r k+~++c~~ fw 8 C++w~y Co. Fwr P~ce, F~o?~ds 0 ANp RECORDED ~;;;::::;l;;;j~~ FILE OUNTY. F~- '~Qtb' sT. 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