HomeMy WebLinkAbout1338 To pl~c~ e~d ca+tLwawly 4Np on tM b~?ildL~ps oow a h~~ahu sitwN on said I~nd ssd on ~U p~iprnewt ~nd pKwnally cowr~d by th4 narq~ ~
p~, witA all p~miun+e th~r~on pa~d in fut6 fi~ inswu~c~ in ~Fr vswl suidard poiicy farn. ~n • sw+n approwd by ti~t MORiGAGEE, ~++d wwxhwnw
hawMp in tlr vsuN ~randa.d poGCy /an~, In a sva+ ~pprowd by tM /NORt(',AGEE; in wcA comp~+y o~ ct,mpan;~s a tM MORTGAQEE in+y
dindr and a11 fin wd w~nduorm inw~ana poi~cita on ~ny ot swd 0„iM:np~, any inanst thsre;n w p«t tMr~of. in d» gprpan ~wn afor~said a
N ~sau Nw~+i. sM11 contain tir vswi srarwla~d mat~~ du.a~ w wch o+Aa dav~ a~1+~ A1onp+pN m+Y ?*q~?in. m+ki~p t1w bss undu s+id po1F ;
w~. t~th and ~wry. WYabN w said I11lORTGHCsEE as i1s iM~rest en~Y ~PPt+~. and t+ch and ~wry wth policy a.hall b~ Woe^Mb au~9r+ed and dtliva~ed M +
~np hdd by s~id MORT3AGEE u tur~ha ~ea?~i~y ro s~id mort~ap~ d~bt. ~nd. ow I~ss than he (iW d~ys in dvancs of tM expir~tan of ~acA pol~cy, b df
Gvw b said MORTGAGEE a~tntwal Iha~oi. ~op~tM. wieh a~ea~pt fa tM p~.niwn of axh ~N+ewal: and ~ha~ st?~N b~ no fN. or r?;ndstam inswww
plaad on ~ryr of iaid buildirqa. ~ny inrNat thw~in or put tM.wf. ue4u in ~h? (o.m' and sni~h Nw loss p~y~We u~for~sa~d: a+d in ~M ~wnr any swn
of mary becams p+y~bh wd~. wd~ pol~y o. Pdicws uid MORiG1?GfE i1?~U Mw tM opt;a, a r~ceiw and ~pply tM swn~ on ~caow~~ 01 th~ 4wl~W~
npa ~a,r~d ~w~by a b psrmi~ said MORTGAGOitS ro reeeiw and vk ie a any p~.t dxreof fa othcr pwposes, whhovt Mreb~ wai~i~~ a impair-
inp any q~rity. 1'Nn or riph~ undu a by virtw of this mas~aq~; and in tM ~vent ~acd MORtGAGORS shatl fa aoy ~~aan iai! w ks~p rhe said p?an~es so
+nw.~1. w fai! b deliver promptly any of sa~d polKies of ~nwnncs sa~d MORiGAGEE. « f~a P.o~ry a P+y t„iy ~ny pnm;wn ths.~fw a in ~ny
~ap~ct bil a~w.fonn, d~xhar~. ~:~n,t~ ~ffsc~. compl~t~. comply vrtrh and ab;d~ py Nris cov~nu?t, or any pi.t he~sof, said MORTGAGfE nwy pl~ and ~
psy fw wd~ irawMOn or sny part thereof without walvtnp w aff~ctinp ~ny optioq, l;~n, pwty, o~ rght undM a by viNw d this Morpap~. ~nd tM
tull a~ao~nt of ~ach ~,d wary such paym~nf shall b~ imrned'waly dw and payabl~ and sMll b~ar inta~ f~om ~M dah tl+ereof until paid a~ th~ raN ol
~ pM cenhHn pa arrwm ud royethe~ wirh wch int~.~s~ ih~G b~ secwed by th~ lisn of tNs mortyapt ~
To pKmit, aommit w s~if~r no wute. 1mP+kmeet or dst~+iorat;on of s~id p~opNty w ~ny p~f tMrwi. '
S. To pay ~ll and w~pular thr~oosts, cAup~a and expense~, inclvdirg ~ reason~bl~ a~~xaeys fee ud cwn of abstr~cts of ntl~. incwr~d w pa~d a~
•ny tim~ by s~id MORTGAGEE, becaus~ w in ~A~ went oi ~M failure on ~h~ put of TM ssid MORTGAGOR w duly. proenptly and fvlly perform, d:scharg~
eaecvt~. ~ffect. comPt~r~ comply with and ab~de by suh and evsry rh~ aNPvl+t+orw agresment~,, coaditiwM, ~nd oovrnanq o/ said omi
morqap~ uq? a titha. +nd w~d cosh. chupts and e:penes, tach and e ahall be immed~at du~ ~nd P` swry not~ and tFw
~Y• ~Y P~Yablt: whetM+ a not thsre M notici da
~w+d~ at~empt w cdkd o~ wit pe«f'~g: ~nd tM fvll a~r+ounl of ~ach and sw~y such payment ~11 bea~ inrere:~ from tht :~t~ the~eof vntil paid ~t tM
.ate of ,w+~ p~. cenrun, per arrwm,; and all s~id .dsrs, chu9es and e:peniss inaurd w p~id. topNh~. w~th wch int~nst, shill b~ sKwed br th~ IiM of Nw
n~tWO~- .
e. Th.r ~n iM we~r of anr b~each of rha ~Ao.ps~. w defa„i~ on r~r P.r~ of ~hs MORrGaGOR, «(b) ~n ~i~e ~vent any of sa~d wms of mon~y ~
Mrein refKred ~o bs ~ot pompth srx! fuly p~id withia thaty (30) days nsxl af~er Ihe sarne sevcrattY become dw u+d pay~W~. r,rithc+ut dem~i,d a notice,
w W tn tM ewn~ exh ~nd wary the stipvlatwns. +9rcemer?h. conditior?s u~d coveiwnn of s~~d promisswy rwte sad ~h:s monp+~ +^Y a eithe~ u~ nol
~uly, promptly and fu(ly pKiornKCl, d~schu9ed, executed, effected. cornpleted, cnmpi~ed wiih and abided by, th~n in e~tber a ~ny such ewnt tM said ag
prc~M swe me++tbr~ in said prnmluwy nae then ra+n~u~irg ue~id, with interest ~cvued, and all mw~eys tecwed he~eby. shall becorat dw and p~y~
•b1~ fathwith, or the?e+tter, at tfie oprion of said MORTGAGEf, u fvlly ~nd coenp(~~ely as ii ~fl oi the s~id sums a( money wer~ a~pinally itipvlated
!O ~ P++d ~ s~ d+y.. +~Y~~D P~~~~Y ~ob o~ ~n this Mort~~ge ro the contrary ~wtwithsqnding; ~nd thereopoe~ a thereafter at tM option of '
said N10RTGAGEE, without noric~ or demand, svit ~t lawr or in pv;ty, therefor~ a ths~eaf~er bepvn, ee?~y be prosecuted ~s if aIl mw~eys secvr~d hereby ~
had aMfwed prMf to its institurion.
7. Th~t ~~he e,r~„r iMt ~t ~he beg'u~ning of or at any time pend,ng aoy wtt ~on thia Mortgage, p to faedos~ it, w to mform it, a to enforp
psyme~t of u~y cl~ims hc.eunder. said ~y1pRTGAGEE shall ~pply to the Coun having jw7sdKYan ehereoi 40? the appo~ntment of a Receive~. :uch taxt sh~N f
fortliwith appoint ~~eceiver of taid mort9aged property all and ~inqvlar. indud,nq all and singula tht incwns, profits, issues ~nd revenues irom whatever i
+ource de~ived. exh ~nd every of whxh, it b~in9 expreuty unden~ood. is hereby mwtgaged u if apec~fically set fath and dcscribed in the s~anring u~d
hsba+dwn clauses hereof, s.~d such Recriver shall have ap the boad and eifective funct~ons and powcrs in anywise entrusted by a Cov~f t0 a Receivd. snd
wch •ppoinrmen~ sha11 be m.de by sucA Coun u a~+ adm~rred eqvw~y aod ~ ma~te. of absolute rght to ss~d MpRTGAGEE. and with~ut reference to the
adequ+cy or inadequacy oi the value of the p~oper~y mwtgs9ed w to the sonrcncy or i~solventy of said MOR~GAGOR or the defendann, and that such
renn, profits, incane. iuve~ arid reve~wes sha!! bs applied by wcl~ Receirer accadin~ to the lien or equity of said MORTGAGEE and the ptWiu of wcA
Cowt.
8. To duM. p~anptly and fvUy perform, d'nchug~. execute. eftect. conpkte, conM~lY w~th u~d abide by each and tvery tM stipulafions. ~9reemenb,
ca~dtions and covenanrs ~n sawl promissory rare and +his morrgage ~et fath.
9. That in the eva» the ownesship of the mortgsped premises, a sny p~rt thereof, becomes vested in a person otl+er than tM MORTGAGOR, ih~
1MORTGAGEE. its aucccuas snd su~y~u, may, without notice tq the 1~1pRTGAOR, deal wi~h such wccexsor p wccessor in ir?terest wi~h reference ro this
mortpape and the deb~ hercby secwed in the same manner as wirh Mwtgagor witlww in any way vit~atirg or discFragirg the Mortpagws' lisbility hers-
vnder a upon the debt hereby secvred. No sale of the premises hereby mortgaged and no fwb~.y~anc~ p~ the part of the MpR1GAGEE o? its succeswrs
r.r auigns u+d no eatens~on of the time for the p~yment of the deb~ hxeby secu.ed g;ver? by the MORTGAGEE or in svccessas or assiy~s, ,hall operah `
b releas~ dischrrQe, modify ch~nge er affect the w;g~l IisbiGry of ~he MpRTGAGOR hereu~, either ia whole a in put.
10. It is s~xcif'~cally ag~eed tMt tirne a of the esxnce of t6a co~tr~ct ~nd that no waiver of any obligation hereunder o~ o{ the oblipaYan se-
wred herebY shatl at any time thereaher be hcld to be a w~iver of the terms hcreof c• of tfro instrueKnt secwed herby.
11. In add~tan to the forego:.g monrhly paYmnus of princ'p~,l and inre.cst requ'ved by ~he prom;swry r,ere secured hereby, mxtgsgor covenants
gor
~ uid agrees to pay to mortgagee w~th each mon~hly payment an add~~ion~l sum es~imated by mortgsgee to be eqwl to 1/12 of the a~nwl cost of the fdlow-
~^9=
A-All re+l propaty ~axes kvied p assessed agsinst the above described real estate. "
B-Premiums on fire and windstorm insu~ance as here:n ~eqv:red to be canied oo the improvements situate o~ the ~bove described premises,
C-Premiums o~ wth morrgage gwrany insurance ~s mwtgagee sh~ll from tnne to time deem fit to carry on the Ioan secured hereby.
INwtg+gte sha!1 froer. time ro time notify mongago~ 7n writing of the amount due and payable herevnder and such wm si?all thereupon be d~re and
psYabl~ on the due dare of ~Ae nexr monrhlY WY~+~ +~d exh successive monrh rhereafrer ur;~il mort~agee shall not;fy nartgagw of a ~n such
amounl. Such swns shall be apptird by mortgagee toward the psyment of real property taxes, ;nwranu prem:um~. ~ mort9~ 9~ ry+~ ~swu+ce
peniwas.
IN WITNfSS WHEREOF, the said MORiGAGOR hss bereunto set his hand and seal tbe dsy ind year fust ~faassid.
Sgrwd. ad in presencs of: ~~il/
. ~
~n
K--n
K--~
STATE OF fLOR10A ~
~a„v,Y o~ S t.~Luc i e ~ u ~
6efore me psnonallr app~xed t: el ter R. Jone s
Elvira R. Jone s ~f~, to ~n k~ ,~a ~ b~ b~.
tht Ind'nidu+~s descri6ed in and wFa e~ecuted the fwegoir~ '^u~strument, and atknoa,{edged before me that they executed tl+e sam.e fer the pvrposes
M~ein .,~p,es,ed. ,4d th, N:a L' 1 v i r a R. Jone s
.~r. ~r rti. W~ 'dalter R. Jones
~:aminat~on by rn~ taken tepa.ste snd spi~t from he. said huabsnd, ~cknowtedged to ~nd befae m~ that she e:ecuted s~id x~n~ mens
t h,eely +and ~vofw~-
tuily and witFw~t aenr compuyion, constraint, sppreF~ensiot4 a fesr of o~ from her s~id Iwsband.
WITNf55 ~my Iwd and official teal th~ ~ l~ d~y of D e c e mb e r A. D. 19 6 T
~
Notsry P ic i~ and for the State of Floridi ~t Lups
• Rehrm Ta ~MY iuion acpires:
fint F~der~l Sav?nps a Lwn Assotiasion ~{Ot~ ~('K• S{~tt Of i~
~ P~.«_ . ~,9, 6 ~n
F1LED QN Pierce. Fbrida 1~A11 ~
~ w~+sc,~.
ST. tUC1 ~ RECORDEp - : ~l ~ ;
COUN7Y. F~Q, - ~ ' ~'.-'.`v ":t4=
V='RtF)EU = ~ Z' ; j
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~j-~FK CIR~UIT COURT .
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