HomeMy WebLinkAbout2814 3. To place end cun7inuously keep o~ tht bu~'d~~~gs ~ow or he+eahsr ~~tuete on sa~d land and un a!~ eq~~pmenl and prroonal~y covered by this morlg-
sg~, w~ih all prtmi~ms tt~rreu~ pe~d in lu~l, fve iniurance in ~ht us~al iterdard po~~cy lonn, in e su:n d{p~OrCCI I~y the Mi~R~v:.GfE, a~~d v.~ndstoim
~n~urence in ~he usua~ sia„dord poi:cy lor~n, in • svm app~oved by ~he MJRTGAGEt, in iuch co~~~~,any or co~n~,an~es as ~ha 1.:0~1C,AGEE may
d~recr: a~d all fire a~~d w~ndswrm in~ura~ce {w~~urs on any o( sa~d tw~id.ngs, any in~ereu ~hc~cin or pa~~ thcreol. ihc~yg~•ga~c w~~~ atores~~d or
in eatesf thereo(, ihall :ontain ~tir ~.tival sta~~J~~d ma~gagee clruse a auch otl~e~ ciausr a~ the M~~tyeyre may reyv~re, me?~ng Ii~c ioss unJrr ~e~d yo~i-
c~e~. each end every. pa~ab;e ~o sa~d A~Ol21GAGEE as ~~a ~n~.rrsl n,ay epprar, and each .~,d eve.y such F:u~~c/ al,oll t~e ~,~omN~ty assy•,.J w,d de,~.v~rd ro
any held by said AtORiGAGEE as (~~rhrr s.curify to said n:oi~ynye drbt. and, not lesa Ihan t.n ~IQ} ~~ys 1n •~J.ar.ce oi thr raF~~~a~~un ol each pol~cy, 1o dr-
Lver to se~d A10RiGAGEE a ~~ncwai therrof, togeiher w~th a rrtcipt lor ~hc p~c~~~.um o1 such re~~rwa~; n:~d +hcre sh,il l,e ~w Lre u~ .~:~~~u.,.~~~ u:w~ance
pteced on any ol sa~d b~~'d~nys. any interesl therom o~ pait the~col, unless in the ~orm and w~th ~he ~oi~ pavab!r .s a!:~rei~id; a~d ir. ~I,e eYCnl any sum
ol money becu~~es payablr ~nJr~ wch po:icY ~ PoLars s.+id MOk1GAGEE sh.~H have ~h~ o~,t:cn ro re~•:we ,~;d c,p~~:y fd~r se~:,e on oc:o~~ ol ~he 1~~debt~~d~
ness secu~ed hcrrby or ro perm~~ sa~d MO~tTGAGURS ~o rcc~•~~e and u~e ir w eny ~,.,r~ ~6....•01 u:~,- : i.:,:: ..a~:. , r~h ~,r
ng any equ~fy, lien M ri]hl u~dc~ ot by virtue o1 this ~nor'gsge; and in the evrnt sa,d MOn^i(:rA'vURS sha'I !o~ any rcason (e~t lo k~ep ~he sn•d prem~s~•s so
ins~rrd. Or fail 10 dtl~vet p~a~~ptly an~~ Of sa+d poLtic•f o1 ~nS~ranlt to Sa;d MORIGAvFE. o~ f~:l pcc~n~~,:iy fo ~,ay 1u:ly any p:t.n~.~m th~-~cfpr or ~n d•~y
~espea lai~ ~o pe~~orm, d~s.ha~3e, exrwre, elFecf, canN~@1J, CG•IiNly weth anJ eb~dr by +lus coY~•~~.+:~t, or a+,y E,.,,i h:rrof, s~~~d M.uRTG~~GEE ~uay piace a~~o
pey fw t~ch insurence or any part the~eof w~thoul waivmg w affec~+~~ any opt,on, lien, cquny. or i~~~,t u~~dcr or by vutue ol th~s hlor~gayc, end ~he .
tu!I a:novnt af eatA and e~ery svch paymCnt shall bc in:mad~ately due and pa~aLle and she~l b~•nr inrri•_i~ fru~:~ ~ha d~te th~rrof unrJ p~id ar tLe rote ol
~~~re {xr irntum pet dnn~~n anJ t~qrth~•r ~n~!h fuch ~nt~•rest sha1~ t~r sc:~~ed by 1liC ~~en o1 Ih~i mo~tyay~.
To pernit, tommit ot suffer no waste, impairnxnt or dr!rrlora~~on oi sa~J p~operty or any part ih~~.of.
5. To p+y sll nr.d sing.~iar the costs, cherges ard expe~~sca. ~n.i„d;~~g a reasa~ab!e attornr~~'s F~-r a~~d uir: of ebsn.cn of tit~e, incuned or pa:d at
eny time by aa~t~ /~tOR1GAG`_E, betouse or in the tvC~V o1 the fa~~urc on It~e pa~t O! Ihc sa~d MORTGnGOR ~o du~y, pro~~~Ntly a~id fu~~y {~rrionn, d~~charqe
,.rcwe, effect, canpt~ie, co~:~p:y wnh and ab.dr by each a~d e.e~y tl~r s~~p~!a~~ons. .~grr.~~nrMa, co~~d~t~ons, and cu~e:~~~~rs of ~„~~f pro:~..;eor~ nute erd ~h~~
,,ortgayr anY or t~ther, a~:d sa d costs, cha~~cs a~.d e¦pcnses, ca.h and every, shall be in,m~d~atr~y due and ~~ynL'c; v.h~ ~her or not !h~•re t~a ~ot,ce d-
a.:and, attr~npl ro cotlect or su~~ ~~~d~~~g: and the full a~nount oi rach and e~~ery such po~~n~•m sh~l1 b.,a. u,r.~r~•s~ f~o~n +he da+e thr~.•ot ~ntit pa~d at ~he
..•tP J~ ~y~+M pCI crn~u~n F~c`f dni~~.n; ai~d dll Sd~e~ ioitf. Cf~d!9ci dn(~ ra~~a•r.Si`S uKUt(l'(~ 01 NdK~. IOyet~~~f w~tfl Su(~~ ~~~re~est. •hail ue sec~red by I~IB {~@O O{ I~b~
mortflage-
6. That (a) in the event of any breach of Ihia Morrgage or dofa~'~ on ~M parr of rhe .L~.ORTGAGC~R, or ;b? ~n the evr~~~ any of aa:d sumi of money
hrre~n reft~rid ~o bt nof promF+tiy and fuHy pa~d w~tVun ih.rty t30` J.s~s ~c>t a!t••r thc s+~~~e s~rera':y bcc.~.'~~• d~e and ~~ayab!e, w~!i~c~r demand Or nohce.
: r ~c) in thr e~enr rath and every ~he snpu~at~ons, a9reeme~~ts, co~.d~~~J~~S and covenanta of 3a J~ ro~n~ssu~ ~ no~~• enJ d~~s rrwrtg~ye any o~ e~thei are not
~u!y, pro~+p+~y anJ tutly perforn,ed. do:herged, eaec~ted. eltected. tomptered, co~r.pLed w~ih and ai_~.1~•d 5y, then ~n edhcr or any wch evenl Ihe smd a9
arc~att Sum me~+!~Onet~ in ieR~ prO~n~isor~• note thtn r¢induting unpa~d. w~ih S~~rr~e~t ~cuwrc~, nnd a,l mpn~•yi sa~cured hrrrbY. s~~~~l beCU~~~t C~uB and pay-
ab~e forthw~th or ~hereaAe~, at the opt~on of sa~d h10RiGAGEE. as I~ily a~d comyErtr!y as ~f a~! ot thc s.~~d su~ns oi mortey •xrrc or~g~na~ly st.p~~eted
te be pa d o~~ su.h d:.y, anyth~ng in sa d promissory note or in this l~~wtgage to the co~vrary not,vlthsta~~d~.~g, a~e~ thcrrupon or tl~rrre!trr at the op~~on o1
s,:d MORTGAGtE, w~~hout noh:e o~ drn,and, su~t at law w in eq~dy, therefore o~ thcreaftrr bry~~~, may t>c piuaccuted as if a11 moneys sxurrd hereby
n;:d mat~red p~~or ta rts ~nst~tut,on.
7. Tha~ ~n rhr e~ent that at fhe beginn~ng ol o? at any nme pendi~~g any suit upon ~h~s Mortgage, or to foredcse or to retorm it, or to enforce
F~aymC~1~ of sny c~.+~~^s he~eunder, sa~d MORTvAGEE sF,ati appty to the Co~r~ ha.•mg ;~nsd.c~,o~~ thc~~of for th~• a~.NO~tmnem of a Rece~.er, such Co~r~ ihail
..~!hwith appe~nt 3~CCP~•B~ of sa~d martgage,d procerty all and singula~, inc~~d~r~y a~i and s~~~yu~ar the m:ume. p~ol~rs, ~swes ard reve~:ues from whalever
s:~~rce denved, each a~.c+ every of .r!~.c~~. ~t be~ng exp~ess:y ~nders+aod, n bereby mo~!9nged as ~f sFec f~ceily se~ for~h and drscr:bed ~n ~he g~anh~ig and
h.~bendum dauses her~•u~. and svch Rcce~vr~ sfiaii have ail the b+cad and rflett~ve funU.uns and po~~e~s ~n anyw~se e~trustrd by a Cocrt to a Rece~ver, a•~d
s. ch a~ pointment shal~ be made by such tourt as an ad:nined rquity and a matter of abso~ute ngh~ to se~d MORIGAGEE, and w~~ho~t reference to the
•d,q•,cY or ,nedequac. al the value oi the prop¢ny mortgaged or to the so,vr~cy or ~~~so :ency o1 sa~d MORiGAGCR or the defenda~ts, and ~hat such
re•~~f, profRS, inco~ne, ~•ssues and revenves shail be appued by such Recewer accordmg fo ~he lien or rquity ot aa~d «10RIGAGEE eed the practice of s~ch
Court.
8_ To d~'y, prumFr'y and fully perfo~m, d~scharge, execute, eifect, complete, cumpiy w:th and ab~de by ea:h and every the stipu:at~ons, agree~nents,
cond~t~ons and covenanis n sa~d promisswy note arsd ~h~s mortga~e set forth.
9. Thaf in the evc,t rhe ownersh~p of the ~*wrtgaged prem~ses. or any part thc.eoi, becomes vested in a pe.son other than the MQRTGAGOR, the
\'OR=GAGEE, ~+s success~rs and ass~gns, may, wrthou~ nonce to ~he MpRiGApR, dea! w~~h such successor w svccessor in ~r.teress wi~h relerence to th~a
:~±gage and the debt he~eby sec~red in the same manner as vv~~h Morrgago. w~thout i~ any way vif:atin9 or d~scha+ging the Mortgagori Gabi~ity herr
:~e~ or upon ~he detit hereby sec~red. No a.+`.e of ~he Fre~nses hr~eby mo~'gaged ar.d no for:,ema~,ce on the part of the MORiGAvEE er i!s successors
c~ ass~g~s ar+d r.o ex'e••s on of the t~me ior thr payment of tt~e debt he~eby sec~red given by the h10RTGaGE~ or ~ts successors or ass gns, st~all operate
~o re~ease, d.scherge, mod~ty change or affecr the o~ig;nai l~au.::ty of ~he h'.ORTGAGOR here~~, e~ther in whole or in part_
10. It is spec.fic~~:y agreed thar time is o! the essence of rh~s contrac~ and that no waiver of any ob'~gar:on hereunder or of the obligation se-
cvred hereby s!~a:~ ar any ti~ne therea`ter be he:d to be a N'd1YNf of the terms hercof or of the instrumenl secu~ed he~by. '
11. In a~:' ~ o~ 'o fne iorege n7 •^o^!n~y paymems of pr~:u F:a; and intcrrs+ reqo:.ed by the pr~~n sscry +:o~r secwed hereb~, mortgagor covenants
1^d agroes te ;:a~ ro ~~•o-!yagee v.ah each momhiy pay~•:ent an add~r~onal sum rs!-~ ated by mo~rgagee to be e:~uai to 1 12 of t:~e ennuai cos7 of the foliow-
i
y:
~ A-r~°~ red~ ;:~ope•ty ta~:s frv~_d or assessrd ay~~•~st the abo-.e dest*:~id rea~ esrate.
~ g-F•,~ ,••s on f:re ard w~ndstc-m ~ns~rarce az hcrrin rcq,:.red to be ca~n~ d en the :ra;:ro~ements s tuate on t'~c above d~su~bed premises.
; C-Pre:~~u~ s o~ sucfi mort~:ge gua•anty icsurar.ce as mo•~gagee aha~l from r me to tnno deem fit to carry~o~ the loan sewred hereby.
€ Mortoaaee s^~ ``•c:r. r,~ne ro T.,-:e nor~~, mertyager ~n w•~t,ng of the a~ro~~~i d~e and payabie hereu^drr a~~d such su~~ sha:l thrreuxn be d~e and
{ .•.3~J~E on nc~ c:~e d~!r of +hF ~_•.t r.:onth:~ pay~nent and each wccessive ~~o~.!h thereaft=r ur:t„ mortgagee shafl not,fy mertyagor of a change in such
~unt. Such s., ^s s~ = oe ac~i :,rd by moiTgagae toward the paymr~t of real propert~ taxes, msvrancr prem.v-ns, and mo+tyage guaranTy insurance
F :~~•e•r.~~ms.
~
; IN Y11TN[~S :VH;RiOF ~-,e sa!d MORTGAGOR has hereunto set his hand and seol rhe day and r first aforesa:d.n
~ S~gned, Sea~ed and de'.ivered ~n the p~esence Of:
~ ~ ~ (Seal)
~ - ( ` a . on
~ (Seaq
~ . (y~.A/ . . l5eap
F 1S . Ori~S
~ (Seaq
5?:.TE Gf FLORIDA
~ ~~J'JTY OF SL . Luc ie ~
~ Befo~e r.x perwnaily appeared ~ C`~ r 1 I' .`JOneS _ and
~ Lo~s A. Jones
h~s w~~e, to me weil 4nown and knawn to me to be
~ rhe ind~v~duais descr:bed in and who exttuted the foreyang instrumem, and atknowledged before me that they execvted the same for the purposes
Lois A. Jones
~ rher~Sn t:p.esxd. And the said--.-------- - - -
Yi
~ ..~fe of the sa~d - C~3Z1 1.. .~02'1E~S - upon a separate and private ~
iS e.a~n:nat~on by me taien separatr and apr.rt from her sa~d hus6and, at4nowledged ~o and before me that she exewred said instrument freeiy and volun-
~ ia~~:y and w~~hovt any compuls~on, constramt, appreheRs~on_?r fear of o~ frorn her said husband.
; ~
WITNESS m.y hand and offiual sesl this-- ---~y day of-.-- -----~~Z11--_-- - A. 0. 19 71
~ ~
- - -1~ I /~L ~ s"~=;~~ -
Notary Pubi~c in d fo~h!~ State of Florida •t lal ge
My Comm~ss~o apircs: ~j(~~~ / ~ J /
- Ret~rn (o ~ ~7
' First Federsl Se~inys 3 loan Associet.on •
_ pi .~t G . •c., , _ t,~'~ ' ri ~
Fo•~ G:.,.~~ F";~~d- ~ .
~ ffif0"1XI~ t~~ORDEO ~
-
_ ' ' ~ ~ ~ v ~ `r` fT. lUC1E COUNTI? f~A.
: .,i ~ c= ~ ~ j ~ . ROCER POITRAs Q '
- This Instrument Prepared By j'icha rd . Kayes ~ ' C~ ~ : _ ~~ERK CIRCUIT ~p~~T ~
RECORD YER~PIEO~„~,~
F~rst Federa! Savings ~ loan Assouation - . J - ~
~ of Fort P~erce~ F~ loric~:~ ~ ~ C L`~ ~ 23 ' ll
fn Checked BY - - - ! 7 i
s~ _ ~ ! ~
r~~ g~~~t ~
4;~ .
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