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HomeMy WebLinkAbout3000 • i a ~ To pl~a and coetMxiously kNp on th~ bvitdinps now a I+a~aftM utwN on uid land ~nd on ~II eqvip+~e~ u+d perwnalty covN~d by tht~ rnap~ p~. wi~h ~11 p~M?iwe~ tlwnon p~7d in f~ll, fin in~w~ec~ in ~h~ uswl ~urw{~.d policy lo~e?. in a wm ~pprowd by ~1w MORiGAGEE. ~nd wi~~an+ M~w~n In N» wwl u~nd~d po1~q? fa~n, fn ~ wn~ ~pprov~d by tM M4RTGIIGEE, in wch tanp+nY a ca^P+nies +s tM MORTGAGEf n?ay dM~etj ~nd dl fk~ w?d wie~wrm haw~np policiN on +iW o( s~id build~~pf„ ~ny in~a~st tlwrsin a p~rt ~he~wi, in tM ap~~ey~~~ ~wn afwNaid a te excw~ th~o1. ~MII conuin ~h~ vwal u«+dard map+pM clavw w wch alw~ clws. ~s ~M Ma~pay~e m+r rpuK~. m~?iop ~h~ toa und~. u~d po~F ti~~, Nth Md wKy. paYaWe ~o Nb MORTGAGEE p its ini~ttN enay ~pp~ar. ~nd each and ~wry ~~ch polity ~h~ll b~ promptiy ~u 9~ed +nd d~livaed ~o any MW by said NWRTGAGEE ~s fwtM+ acurity to aid maty+~ deW. aod. ~w Isa ~Mn ta+ l10) d+ri in +dvanc~ of ~he ~xpiration ol ~ach policy, to da IivN ~o aid MORTGAGEE ~ r~wal tFw~~o/, ~op~~Mr with ~ nc~ipt fo~ tM pr~miun~ of svd~ r~newslj and ~her~ shall b~ no fire w windstorm inw~~nt~ pl~ttd on ~ny of wfd buildinps, ~ny 1M~rn1 tMr~~n or W~t IM~eol, w+l~ss {n tM form and with th~ los~ payabl~ u~ta~said: and in IM ~veM any ium of rnon~y becoc~s paYabN w~dN wd~ policy a policiN said MORTGAGEE ~hall haw ~M opt~on to raceive and apply the wn~e on ~ccou~t of tf+~ i~deb~ed- n.s• ~ecw.d h.nby w w p..mt~ sad MO~TGAGORS ro flOfiW ~nd ttN If p•ny pd~l /herOOF fOt O~hc~ purp0lt~. wilhOU~ Ih:~iO/ waivi~iy O~ unpiir- inp any p~ity, li~n w ri~hl undN or by vutw of tl+is mortq~p~; ~nd i~ tM ~ven1 ~a~d MORTGAGORS ~A+11 fw any reason tsil to keep the sa~d premises w ini~red, a fall b d~liver pta~?tly ~ny of said policits of insw~nq b said MORiGAGEE, a fail promptly to pay fully a~y p+emivm therefor a in a~y nip~ct fail q pKiwrti. dischuqe. ~xecvt~. ~tfM. canpl~t~. canplY witA and ~bkM by this covenant, a any part Mrsof, said MORTGAGEE m+y pl~oe arw! paY fw wch imwanc~ a ~ny put thK~of without w~Ivinp or ~ff~cth+p a~r option, lien. pvih, or righ? unde~ o~ by virtw of this Mwtgaq~, ud tAs full amount of each ~nd ~wry wch paym~nl ~11 imm~diattly dw ~nd p+y+bk a~d sMll bear interest from tM dat~ thereof uroil paid at tM rat~ ol niM p!r CMfum pN ~mwm and fo~1hN with such Interest shall be secured by /M IiM of thts mo~ty+ps. 1. To q?mit, aortwnit or suHp no wat~ Yepakment w dete?iw~tion of said propaty w aey paN thereof. S. To p~y all and slrpular tM costs, clw?p~s and ~xpMSe~, i~d~irg a reasonable attwney + fee and costs of abstracts of t~tte, incurrcd w paid at a~y tiroe by said MORTCsAGEE, baca~s~ or in th~ w~nt of ~M faiturs on ~he ps~t of ~he uid MORTGAGOR to duly, prompNy and fvlly pertorm, d~xharge, execvte, ~ffed, tomplet~, comply with and ~bidt by each and every the stipul+tions, syree+nenb, ca+di~ions, and covcnann of said promissory note ~nd this mwt~ap~ ~ny a either. a~+d uid costs, thuyes u+d expenses. e+ch and every. shall be immediately dve erx! payable: whether o? no~ there 6e notKe ds mand, ~ttempt to collect o? suit pend'e~y; ~nd tM fv1l amount of eath and wery such paymeM ihall bea? interesl from Ihe date thereot until paid at the rate of nin~ pe? oentum pa ~rnwm; and all s~id oosts, charpes ~nd expenses inturred w paid, toyether with such interest, ihall be ucured by the lien of thii mott~ap~. 6, Th~t M the ~wnt of ~ny b~each of this Mortgap~ or default on tM pa?t of the MORTGAGOR, w(b) ~n the event ~ny of sa~d sums of money hr.ein refeired to be not promptly snd fvlly paid within thirty (30) days next afte~ the same severalty become dve and payabls, without d~msnd o~ notice. or in the event eath ~nd ~very tF?e stip~l~tioen, +greements, conditions a~d cove~snts of sa~d promiuo+y note and th~s mwtgage any w either are no1 ~uly, promptly snd fully pNfwmad, d~scMryed. exscuted, effected, completed. complied wifh and ~bided by, then in either w any such evenl the iaid a¢ gregats wm mentioned 1n s~id promisaory note then reauininp unpaid, with inlerest xuued, and a11 moneys secured hereby, shall betort~e due +nd p+y~ able fwthwith, w thereafta~, at tM option of said MORTGAGEE, u fully and complNely as if all of the sa~d sums of money wcre aginally stfpulared to be paid on svc!? day, anythirg in ss~d promiuory note a in this Mortgage ro ths contrary notwithstanding; and thereupon or thereafter at ths opfion of said MORTGAGEE, withovt notio~ a demand, wit at law or in aquity, therefore Or IFK/N~tN beyury may be prosecu~ed as if all moneys secured hereby had matwed pr~w to in institution. 7. TMt in t!w event tMt at the beginnirg of or at u~y time pendirg any suit upon this Mwtgage, or to faeclase it, w to rcio~m iL o? to enfwcs payment of any claims hereunder, s~id MORTGAGEE shalt ~pply to the Court having jwisdiction thereof for thc appo~ntment oi a Rrceiver, such Court shall . Forthwitb appoint a receiver of said mortpaged property all a~d singvlar, includ~ng sil and singular the income, proi~ts, iuves and rerenues from whatever sovrtt detived, eath and tvery of which, it beinp e:ptessly untlerstood, is hereby rtartgaged u if specifiully set fonh and dewibed in the graMing and habeixlum clavses hereof. u~d wch Reteiver sf?all have all the boad and ef(ective funtl~ons and powers in anywise entrusted by a Court to a Receiver, and wch appointment ihalt be mad~ by sud~ Cowt ~s sn admined equity and a matter of absolWe rght to said MORTGAGEE. and without reference ro the adequaty or inadeqvacy of fM wlw of the properry mortgayed or to the w~vency w insolvency ot said N10RTGAGOR w the defendants, artd that iuch ~ renrs, profits, income, issues and reyenues shall be appl~ad by s•.xh Receiver accordiny to the lien w equity oi said lNORTGAGEE and the practice of such CouA. . 8. To duly, promptly snd fully perform, d'uchu9e, execvte, effect, complete, comply with and abide by each a~d every the stipulations, agree~s~cnri, co~ditaro and covenants ~n said promissory note ar~d this mortgsge set forth. ' 9. That in the eveM the ownenhip of tF~e mortgaysd premises, a any part thereof, becomes vested in a person other than the MORTGAGOR, ths MORTGAGEE, iq suctessors and auigns. m+Y. without notice fa the MORTGAOR, deal with such succeuor or suCCessor in interest with reference to this ~ mwty~ge and the debt hereby secured in the same ma~ner u wi~h Mortgagor without in any way vitiating or dixharging the Mortgagors' liabiiity he~o- under or upon the debt Frcreby secured. No s~k of the Fremises hereby mortgaged ~nd no forbearance on the pan of the MORTGAGEE w ib wccessors o. suigns and no extension of the time fw the p~ymem of the debt hereby secured yiven by the MORTGAGEf w its i~rcussas w ~ssigns, sh~ll operate ro release, discF~rye, modify tha~ge or afftcf the otiginal liability of the MORTGAGOR herein, either in whole or itt part. 10. It is specif'~cslly agreed that time is of the euence of this contr~d end thst no waive? of any obligat~on hereunder .or of the oblgaYron sr cu~ed hereby shall at ~ny time thereaher be heW ro be a waiver of the terms hereof w of the instrurtKnt secured herby. , 11. In add'etion to the fotego:ng nwnthfy payments of princ'pal and inte~est requ~red by 1Fx prom~uory ~ote sett?red hereby, mortgsgw covenants and agrees to pay to mortgagee with each monthly payment an add~rionsl sum est~ma~ed by mwtgagee to be equal to 1/12 of t!x an~ual cost of the follow- ing: A-All real property taxes kvied or sasessed against the ~bove dexribed real estate. . B-Premiums on iire a~d windstorm insurancs as hertin requ;red to be carried on the improveme.~ts situate on tt~e above described premises. C-Premiums on such morfgage guaranty insursrce as mortgagee shall from time to time deem fit to tarry on the ban secured Fiereby. . ~ Mwtgagee shall from time to time notify mortgago~ in writing of the amount due and psyable herevnder and such sam shall thereupon be due ar+d { payable on the dve date of the next monthly paymem and each successive monfh tFKreafter u~til mwtgagee shall notify mortgagor of a change in such E amount. $uch sums shall be applied by mortgagee toward the paymeN of real property taxes, insurarxe prem:ums, and mortgage guaranfy insurance premiums. ' N WITNESS 1NHEREOF, the said MORTGAGOR has hereunto set his hand snd xal tF?e day and year~ esaid. Sea and liv in the preasnce of: ~ -p ~ %l% C • Wi iam . "J 11 n . % . ~ ~ Carol J 11 - ~ STATE OF FLORIDA ~ S5. couNn oF St . i,uc ie eefo,~,,,,anon,~~y,ppe„sd ~~illiam fi. Jewell C aY Ol yR lJ . J Qy11e l 1 hia wife, to me well known and known to me to b~ . the individuab dewibed in and who e:ecvted the fweyoinp instrurne~t, and adcnowledped before me that they executed the wme fw the purposes r~,e~ .,~~,ed, nr~d N,. said Carolyn t~i. Jewell wife of rh. ,.~d William E. Jewell ,,~,,,te P,;~.~ e:amin~tiw~ by me taken sepsr~te ard apaA from her s+id hu~band, ~duaw{sdp~d b u?d b~fwt rn~ that ihs executed said irotrument fretly and volw~- ~ rarily and witho~t u+y compulsion, constrsint, apprehens' fear of w from her said Fwsbsnd. ~ WITNESS my h~nd and offic;al sNl thi day of December A. D. 19 70 ~ . Not~ry Pub' and for tM~} a~t~~ ~of flaida ~t Lu ~ M,? e«.w,~~ ~,~~e,: /9 Retwn Ta First F~deral Savitqs i lo+n As~ociatiw~ O~ FwT Pierte. ~Flf~rp ~:.~`~tf, StE~!' 0~ ~l1~8 2~ ~ ~ F«T PK.u, f~«id. ,.?;?~iA~,.'i,, ~ C;;r=:.KSiop E:pres ~09. 6, t9n . y~, . 4.. b~ M Aa~w~ Eiu ~ S~i Y . v'v • . ~ ff 'r'~` ~ _ ' t lf0 AND aEcQa~ o~ - . ~ This Instrument Prepared By Wm. E. Bra}~q - j..., ; ~~.L{~CIE C01lN~T~ _ Firat Federal Savings 3 Loan Association CJ - ~p~E1t ~OItIIA: of Fort Pieroe, Flor id.~ •L~' •b ' o:~ Q~ERK c~aeu~ cow~ . ~ .~o;•.; ~;~?Q.~,{; •4~c~'; ' IlEC01?~ YE~tFtEO ~h~~ By ' sTr~~~°.~~~: ~ ~ 18 3 ~ rN'10 ''~~~~,~~~..N`- - • 5~~~ ; . . _ 202321 _ . . ~