HomeMy WebLinkAbout0266 3. To plxe end co~~inuovs~~ 1.eep wi ihe bv::du~gs now a hc:ta!:c~ ~~tuete on sa~d land ~na on a4 cq~~pnm~N ar,d pcrsonatly covere[J by Ih~f mwt9-
ngs. wdh atl pre:~uum~ u~r~eon ~:.,.d fn futt, hre u~sw~nce ~rt ~he ~~wl .i~,xierd pohcy Form, • w.~~ ay.yru.ed by the MGR~i,:.GEE. •~~d w~ndstpr~n
~r.swance :n ~he ~swl ~~a~.Ja.d 1w~.iy tw~n, in a wm ~ppror.ed !.y ~he MOft1GAGEE, in suth can;iany o~ ca~np~n:et ss Me MOR*GAGEE miy
d~~att; ~II fi~t a~+d wiMls~uim ~nfurante Fot~c~es p~ ~ny of sa~d iwiid~~t, ~ny iNO~aaf tltt~t/n or p~rf ehcr~l, in t!k DQy~e ja~e fum ~to~esaid O~
in eace~s 1?+cr~ol, sfiaU cones~n ~he ..ausl s~anda~d owrtgsgsa c:eusa ar s:.ch o~6a~ d~~se ~s ~h~ Mw~yayre may ~eyu,rr. n,.?~ny :1~ ;ot~ ~~~xla~ se~d poli-
r.•s, each and evr.Y. Wv.,b!e tn ta.j .tit.jRii:,AGEE •s ~ts m~rrrs~ may appear. •nd each a~u/ ~ve~Y svth pc,!~r~ shd(t b- pra=,NUy auy~~ed e~,d de:~vered ro
enY heid bY se~d ~itOit~G.RGEE n Forrha~ acc~nry io sa;d mo+tysge drb1. and, ~wt !ess tMn ~en (10) days in ad...~~ee ol ~he e¦~.~raf~on ol each prl~cy: to de~
I~vsr fo se~d A~ORIGAG(E a re~~rwol ~~ir~eo(, to9e~he~ with s rrte~pi for Ihe p~nm~um oi suth renewal; e:~d d~rro st~e;i I,e .~p L~c w ~v.~~J~tun-~ infvra~ce
plsced q~ any o) ~a~d bvild,ngs. any iaferest therom o~ pa~t tikrrai, un!esa +n ths form •rK) M„rh ~hs foss p~yrble » alwe?sid; ~nd in ths erenl any suT
ot n~ney becom~s payable ~vxler s~ch pol~cy a pol,cies s~id MORiGAGEE ahall have ~he oyt•on ro recc~ve ~nd opH:y tha se~~u oo accoun~ o! the i~xfehted~
nest Secutrd hertby O~ to pr~~n~t se~d M(~Ri~iA~R$ to ~Keiv ~nd uk it Or sny p.~~t It.rrc•J1 lo~ Ot~i.•r Hu~~~o+es. :.~~~~~,ut t~i-•. i.l Gr ~n~~~~-
"'9 ~^Y ~qu~?y, 6~ or r~yhe ~mdrr or by viriue o1 th;s mo:~gage; ~nd in the ev~nt w~d MORIGAGORS sh.~ll iw any .c~son iail lo k.~cp ~he s~~d premius w
[nsvra~cl, p fait ~o daGvcr pra~~+p•'~ any oi sa~d poLurt o~ ~nsur~nce ~o sa~d MORiGAGfE, w lad p:o~nHtiy ~o pay f.,i:y eny prr~:~w:~ thcrrfp o~ in a~~
respett fdil lo ~x~fo•n, disth, ;~e, eaecufe, !i(C.t, tq~.pfete. cPnply with ~rd ab~de by th~a CAVC.~JnI, p/ any perl Aareol, ae~d MVRIGAGEE mav place •n0
pe. la such ~mu~,m<e or any pa~t ther¢of w~thout waivi~g or affectiop any opGon. lien, equ~~y. w nght un~ar or by v~rtue of thiti b..xtga9e. and tht
1~u s+~~,n~ ol each and r.e~y such peY~,rm shatl tx ~m~nrdu~ely due an.~ payahle •:~d sha11 Mear int:r.s~ fron. eho daro ~he~rof w,r~l p.,~d •e ehs r~ee of
n~r~r ~xr cantvr*e FKr are:au;n enJ lalrti.~~r M~!b fuch int.~rrat sh,fl~ tK se.~,r.i by the l~en of Ihif :tWtt9sge.
1. io permit, coznnuf or wfte~ no was~e, impairment ot deta.oretiun uF said property p any part Iherrof.
S. To pey aSl e.~d s~ng..tar N~e cu~~a, tharge~ s~~d rapeasea, i~ctud~ng a rcaw.~abte anwnny's fe~ m,d costs of ab~trada cf title, incuned o+ pa~d a~
e~; ti~r,e br u~d AIQRIGAGEE, txc.~usc or in the event of ~hc ia~~urc o~ th- part of the sa~d MOR?GA~R ro d~~y, µrun~yNy s~'d fu:Iy p,~.!«.», d~unarye. i
_..~c.,re, lIIKt, C yn~.:cte, cornply w:th and ab.de by each ~nd every th~ s~~p~lanons, egrrrment~, cprnlu~uns, and cuvr~~e~~es o• to~d p~o:n~iwry ~w~e a~d th~~
~yayr any or e~~h~r. a~~d s.,.d cosrs, cl~argi~ and ripansrs, eech anel avavy, sFwH be immed~ate:y d~e and paya4,:.•; wi:e~he. or .~ot ~hrro Le no•~ce d~
~.+~~d, at~rmpr to co:l~t e~ suit pa~~J.nq; a~d the fu!! arraunt of each and evr~y svch ~,ay~nent sh~li lea. ~n+~~rrn~ from ~he da~e therrof uoril paid t~+e ~
. o~ n~nr p_r c.-nt,.~n ~ti. an„~, o~,c: ei= so~J cosrs, cha~yes s~~d r.~,r~~ses ~ncurred w pa,d, ~ogr~hrr ~v~~h sv:h ~n~r~est. sheli pe securecl by the I~en o1 th~s ~
rtiortfl~e. ~
6. iha~ ~a} i~ th~- e.rnt of eny hreach of ihis .Hatgage or defauft on rhe pare o( ~he MO~IGAGOa o~ ~n ?ha cvent ~ny uf sa:J sums of money }
h,•rei~ refrrrrd to M• not F•i.•n~,r;y tutly pa~d wirhi~ th~rty t30? deya next aftrr the sa,~.e se.era':~~ bcco~ne d~e and payabte. w~thout ~mand or not~~e,
;Q in thr e.em rach anci e.rry the »~pv~anons, agreertµMf, condr.~an and covenanta ol sa.d pro:mawry no:e a~~J rh.s morrgage any a e,the~ are nol
i,,ty, pra,,pi;y en,f ~v:ly p,.rfu:•n~~c1, d scnerged, ececuted. efteurd. tomp~eted. comp;~ed w~th and ab~drd ~y. iheo e.~her a any such evem the s~~d p ~
~•.~3ate som ~r~nLOned in ta~d pro~n,ssory oote tl~rn re~na~mna unpa~d with mte~esl acuurd, end a~t monrys xcured hereAY, sFwll pr.ceme du! .~+o w~r
+c: e iu:ihw~rA, w rhrrrafrc., et me opnon o! s.a~d A{ORTGAGiE, as f~Ily rnd cornplerely as ~f atl ui ~hr sa~d wms of rrwney were or~g~naliy shpulated
r_~ c.e pa.d on svch doy. ,~,y~h~:~g in sa d prom~ssory ncte w in th~s Mo~tgage to the co.~~rary n~~.vihsiend~:w; and ~here~pon a thereeh~r af tAe op~~on of
+~,d ~:ORIGAG:E, w~theut nor.,r or drmand, sv:t at faw w in equ~ty, thcre(ore c~ thereaher txgun, may be prosccutet/ as if atl moneyt tecwed Aeroby
n:d mu~red pr~w to .ta ~nst.tur:on.
7. Thar ;n rbc ever+t !haf a~ rhe beyinning af or at any t:me pend~~.g any su~t upon thii Mort~age, w to fareclose u, or ~o re(wm it, or to enf~rc~
F a.ment of any cf.~~ne hr•evndrr, sard 1+1i7RTG.1GfE shall spply to the Cour~ hav~~~g ~~~~sd.cnun thc:ecl for ~hv ~~y~~ntment of a Re:cirer, svch ~ov.t ~had
rAw~rh ap~+~r! ~ rrce::rr of sa~d mort~ayed pronerty al{ and s~~+yular, in~lud~r~p a~l and s~ng~~ar the inc~me, p~ot:+s. :ss.:es •c~J reve~~es tro.n wl~atever
s~„•ce dert.rd, each and rvery of ..r,.ch, ~t tx~ng eap.ra:~y ~ndecs~ood, ~s hereby mo~rgagrd as if spec,hca~~y xt fort?, ar.d drxr~bed in th~ g.am~ng an~
t~+!Y•ndvm cta~ses her~at, and such Rece~vcr sha11 have dlf ihe brpM} +.,d ~ffecr:re f~nu.o:~s •nd powns ~n anyw~se erorua~rd by a Co,,~t to a kEC~iver, and
s. ;h ep~v~nrmenr sh,ii rr mede hy svch Co:,r~ as an ad nitted eqwry and a ma~rer of abso~~te r~ght to a:.:d Ati'vRTGAGEE, ~nd w~~fwvt reterertce ro the
e.?rqvacy cv inadeqwcy of tFe vaiue oi thr proF.rrty mw~gaged or to the ~o.vency w~mo:vency of :a.d ARURiGAC,UR d!he detendanrs, and ehat s~ch
rr~•s, protds, uxome, :swes er+d rever.~es ahall be appGed by such Recr~vr.r accwd~ng to the Geo oi equ~ty of aa~d MORTGAGEE aul the p~~d~ce of such
Court.
8. To d~:y, prompCy and fu:~y prferm, discharge, exccute, effect, complere, con•pfy w~~F, and ab~de by each and every the stipalations, agreements,
:=~•-.a:!;ena :nd covenanrs .n sa~d prom~sswy note and ~his mortgaye sr: fwfh.
9. That ~r. ~he c~~ ~t the ownersh~p o~ the ~nortgaged p~em~ses, w any part ~hereof, becames veatcd in a pe+wn o~he~ ~ha~ she MORTGAGOR, 1he
CTGAGEE, :fs s~ccessa+s and ass~gns, may, w~rhout nor~ce to ~he MORTGAOR, dral w~th such suc:esw~ w successor m mterest w~th refcrence ro th:a
~~~gage and rhe v,c~ h~rrby sc*iur~ in the same manner as wirh Mortgagor w~thout in any way vit~a~~ng or d~scfierg~rg Ihe Mo:tgagori liabi~it~ herr
.^,ier a upo~ +he debt h.~:r:» sec~•~ed. No sa:e of the prem~srs hrreby mortgaged ar.d no iorbea.ance on the part or tne MORiGAGEE or its successo~s
c~ ass~gns a~d ~~a ex+r s.on u! :he e~me for rhe payment oi ~he deb+ hercby sec.,rH1 g~ven by the MORTGAGEE or irs succeasors or au:gns, a;ull opr.ate
ro re!ease, d~scfiarge, mod~fy change w aff~ct the orig,nal lieb~i:ty o1 the MCRTGAGOR here~n, e~:~er .n whole o~ in part_
10. It is s;,ec f~c~:;y aQ.red ~hat f~me is of the esx~ce of this contrMt and that no waiver of any ob!:gai:on hereuru~er w of the obligatwn sr j
c~~~d hrreby sha~~ ar an~ t~~•e rhrrraf:er be n~id to be a wa~rer of ~he terms he~eol a o/ the instr~~nent secvred herby.
li_ In e.id~ 'o r~e lo~etic .twnih;y paymentf of pri:~cpal and interest reqv~red by the promsscr~ no'e scived h,~~eb~, m:o;tga~ot tovenants
~•~d agrt.~s ta r~y ro .•-e-fga~~e ~~!h eacn ~non~h~Y F~y:.:ent „n add,:~onal su~n es;.:^ared by morrg,~gee to Ge equat to t 12 of t:ir ar.-,va~ cmt of the toliow-
A-A~I .~a r~x.•~tv ra.rs Ir::r~' e• assesscd aga~•,st thc a6ove desv~bcd :ca~ esrare.
S- Fr, •_,s en f•e a~d •y,~~:.'Storn: +nsur~rCC as here~n req~,:red to be co~ned on the .~nprove~ne~ts s:sva+e on th; above descr~bed premiss.
C-Pre~^.. • s c~ wch ~•!~.Qe guaranty ~rswa~:ce as mortgagee shall frc~c ! me to ti~ne d~em fir to ca+ry on the loan secvr~l hereby.
Morf~e.~..- s~>., '`•.--n r~ ~ e tc r~~,e nc~~fy „+eng;gcr m wr:nng o! ~!r r~^ov~f d~e and FaYabte hercundrr an~ soch s.,~, sha;! therevpon be due and
.,,ab'e an r~e d„r aa•a et ;ne n~•:r monr?r:~ pay.~r.ent and each sxcess;ve .mpnth thrreafr~r ur.rit mortgagee sh~!I not.fy .,brrgagor o+ a change in svch
~„nt. Such s.:~-s s' ~ i:e aHn Uy mor~gag_Y ro~tiard the payment of real crope.ty taaes, insvra.xe prem.ums, a~d mortgage g~a~anty insu!ante
. Y•nr:rtiS.
IN ~~tTNE_>; '.~N:~_J{ •~e sa~d INCRTGAGOR has hereunfo set h:s har.d and seal the uay and year fint aforeu~d.
Sgned, Sealed a-d de':ver~ in the preaence of:
FILED AND RECOROEO ~jct~•~~- ~.,l~fz%`~
ST.IUC~E C~uNTY FLA. _ ~---~--zr-- ~~•n
l:,- ROCEn ?O~TRAS har es Henr V ~ s ~.q
~ ' CIERK CIRCUIT COUR ~
- _ RECORD VER?FSED «'~f
- = MaZ n-aq
~?%.:E GF F:OR~DA ~ J~.10 IO ls AH'~{
=JU~1TY OF St. ~11C1@ ~
Befure me perso:ully appearcd Charles fienrv JOAeS
and
l~lat V Jones h~s w~fc, to me well knawn and known to me to bt
shz ;:~;~,d„aIs descr~bed in and who exec~ter! the fore~ang instrument, end acknow~rlged befwe me that they executed the same iw the p~rposef
rne.•~n exp~essed. A.iai the sa~d_--_ -----_F}a rY .~OTIeS
...°e of tte sa:d L~1dZ1@S H~nry Jones vpon a separ~te and prrv~t~
e•~m~nst~on by me taien separate and apa~t from ner sa~d husband, acknowtedged to and before rt~e that she execusrd said iostrument fteely and voivn-
!e'~•y a~d w.rho~t a~y tom~uls~on, co:'strainT, appr ens~ , or fear of o~ fr~n her sa~d h~sbaod.
WITNES$ my hand and oft.~~al sea! thii_--~~ _ day of- ~ A. D_ 19~.Z
~ f
- ` J' !1-'~ ~A-t.~_
Notary P~biic in and fx the Staje of Florida a1 LwQ~ •
My Comm~sa~on ewpires: ~:C~ fi/!~ 7'
Retvrn To~
First F~deral Savings d Loan Asscciat~on ~C' '
Oi ~~.t v : -c•. {
Fort P~erce. Fto.:Je " ~
This Instrument Prepared By RiChard K. Kayes -~ti~`- `
First Federal Savings 8~ Loan Association .
' of Fort Pierce Floxida " '
s • •
Checked BY ` ' ~
~ooR 19~ z~ ~
ljs
k - ;
~ . _ . - -
- ~ ~