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Home My WebLink About1388 ~ , . . , ~ To plac~ and co~rinuo~esly keep on thr bu~!d~ngs nuw or he~eaher ~;ruete an said land and on a~t rq~~pmen~ and pe.sonaity cove~ed by ~h~s matg- ag~, w;1h all prem~ums ~hrrcoo pa:d in fufl, Gre ins~rsnce •in the usual s~andard polity form, in • ~um approved 6y the MOR~GAGEE, and winds~am ~~~urance in the ususl s~andard pol.ty io~in, in a iu~n appro:rd by ~he MORTGAGEE, in such campany o~ compan~es aa 1he MQRIGAGEE may dirsct; and a!1 lere and w~rxlaorm insurance poficies on any of sa~d buiid~nys, any inte~es~ therein or part thereol, in 1he aggrega~c s~m afwesaid or in exceu thcreof, shall contain the usual sea~dard mo~~gagre clavae a such othe~ dause as ~he Mortgagee may requ+re, mak~np the lou unJrr sa~d poli- des, each and eve~y, payabte to sa~d A10RiGAGEE as ~ts in+trest may ippear, and each and every such po;icy shall be promp~~y ass g~~ed and dalive~rd to an f held by said MORTGAGEE af further ~ecurity ro sa~d mongage debt, and, not leu ~han ten (10) days i~ advance of fhe expirat~on oi each pol~cy, to dr I:ver fo taid MORTGAGEE a renewal the~eof, together with a rece~pt fo? the premium af svch re~ewal; artd rhere sha11 be no frz o~ windstonn insurance plsced on sny oi ~sid bu~ld~ngs, ~ny intere~t ~here+n w psrt thereof, unless in the form and wi+h the loss payable as ato~csaid; and in ~he eYen1 any sum of money beca,us payable under s~ch poticy a poGues sa~d MORTGA6EE shall have ~he opt~on lo rece~+e and appty the same on accounr o( the ;ndrbred- ness secured hereby w to permit said MQRTGAGORS to recaive snd use it W any part lhereof tor o:ner purposrs, v..~hc.,t Ihr, u~ v~,a;.i or ~n:p.,~r- ~~g any equ~ty, Gen or ~ight under or by virtue ol this mo:tgagr; and in the evrnt sa:d MORTGAGORS ehall (or any reasan fa~l !o keep the sa~d ~emiars so ins~red, oe (ai1 to deliver prqnplly any of said poiities oi insurance to said MORTGAGEE, oi fai! promptly to pay lully any pre~n~~~n thrrelor or in any respect fait 1o p~vfwm, discharge, execute, effec~, cornptete, canply with an.~ abide by this tovenaN, or sny pa~t he~eof, sa~d MvRTGAGEE may piace ar.d ~ pay fw such insurance or any part thereof wnhout waiving w ~ffectirg any option, lie~, equ~ty, or ?ight under w by virtve of this Mongage, and the tull amoune oi each and avery such payment shall be imrncdietely due and payable and shall bear interes~ from the date thereof until pa~d at the rate ol ~~~ne p~r cemvm ~r annum and togetlxr with such interest shali tx srcured by the lien of this mortgage. To permit, tommit ot suffer no wa~ts, impai~ment w deter~oration o( said property or any part tF~ereof. ' 5. To pay all and tirqular the costs, charyes and expenses, includinp a reaso~abte attwney's fee and cos~s of abs?raae of ttNe, incurred or pa~d at eny time by said MORTGAGEE, because a in the evem of ihe fa~{ure on tne part of the said R1QRiGAt30R to duly, pron+ptty and fully perfwm, d~scharge. sxecute, efiect, tomplete, comply w~th and ab;de by each and every the stipulations, agreements, candi~ions, and covenants of sa~d promissory note and this mo~tgage any w either, and sa:d cosrs, cha~ges and expenses, each and every, shall be immed~ately d~e and payab:a; whether a not there be no+ice dr martd, attempt to collect w suit pending; and the full amount of each and e~ery svch paymem shatl bcar inreres? from the da~e thereof uMil paid at the ' r,;te of n~ne per centum per annu:n; and aU said cwts, charges and expenses irxurred or paid, roge~her w~th such inferest, shaU be secured by the lien of this i mortgsge. 6. That (a) in the event of a~y breath oi this Mortgage or default on the part of the Ma~RTGAGOR, or (b) in tht event any of sa:d sums of mo~ey herein referred to be ~ot pra^nptly and fully pa~d within ~h~rty (3p) days ner.~ after ihe same severatiy become due an~+ payable, wit?:ou~ demand or notice, or (c) in tbe ev~m each and every the atipuiaGons, agreements, condtia~s and covenants of sa~d promissay rwte and th~s mortgage any or either are nof iu!y, promptly and fully perfonned, d~scha~ged, executed, effected, completed, complied with and ab~ded by, then in either or any such eve~t the sa~d ag gregate sum mentioned in said p.omissory nore then ~emaining unpaid, wi~h intere>I accrued, and aU mo~eys secured hereby, shall become due and pay- eb;e falhwith, w the?eai~er, at the option of sa~d MORSGAGEE, as fuily end completely aa if all of the said sums of money were or,9ina:ly at~pulated to be pa;d a, such day, anything in sa:d prom~sswy note or in tnis Mortgage to the conrrary notwirhstandi~iy; and thereupon or thereaftei a~ the opuon of ea:d MORTGAGEE, without notice or demand, suit at law or in equ~ty, therefore or thereafter begun, may be prosecuted as if all moneys secured hereby n<d maWred prlpr fo its institunon. 7. That in the event that at the beg~nn~ng of or at any ~ime pend~ng any su~t upon ~hia Mortgage, or to fweclose it, or to reform it, or ~o enforce paymenf of nny claims hereunder, sa~d MORTGAGEE shatl apply to the Cour~ having jur~sdia~on thereof for the appo~mment of a Receiver, sv,h Cou~~ :hail fcrthwith appoinf e receiv~r of said mortgaged property all and si~ular, inc;ud~ng all a~,d singu+ar Ihe irttome, profJS, issues and revenues ~rom whatever source derived, each end every of wh~ch, ir be~ng expressly unde~srood, is hereby morrgaged as if spec~fically set forth and describad in the g~anting and habendum dauses hereof, and s~ch Recei~er sha~t have all the b~oad and tfF~t~ve funct~ons and powers in anywise entrusted by a Court to a Receiver, and s„cn appoinrmem shafl be made by s~ch Court as an admiued equity and a matter of absot~te right to said MORIGAGEE, and w~rhovt reference to the e:.~eyuaty w inadequacy of the vatue of the properry mortgaged or to the ao~vency or ~nsolventy oF sa~d MORiGAGOR o~ the defrndams, a~d that such renrs, protits, income, ~ssues and revenues sha11 ~ appGed by such Receiver accordmg ro the lien or equity e! sa~d MORiGAGEE and the practice of such Court. 8. io duly, promptSy and fu1!y perfor~n, d~scharge, execute, effect, complete, somply with and abide by each and every the stipulatioos, agrerments, conditions and covenams ~n sa~d praTissory note and this mortgage set fwth. 9. That in the event the ownrrship of the mortgaged premises, or any part thereof, becomes vested in a person ather than the MORTGAGOR, the ~ h".ORTGAGEE, it~ successois and ass~gns, may, w»hou? notice to the MORIGAOR, deal wifK"fJCh s~ccessw or successor in interest with reference to this n•ortgage ar+d ehe deot hereby secured in the same manner as with Mortgagor without in any way vif~ating or dixha~g~ng the Mortgagors' liab~lity her~ under or upon t6e debt hereby sec~red. tYo sa:e of the prem~ses hereby mortgaged and no forbearan~ on the par~ of ~he MORTGAGEE or its successors - o. assigns and no e,arens~en of the t~rne for the payment of the debt hereby secvred given by the MORTGAGEE o+ its successws or ass;gns, ahali operate ro release, d~scharge, modlfy change or afEett the orig~nal liab:i~ty of the 11~ARTGAGOR herein, either in whoie or in parr_ 10. H is speuf~catly agreed that t~me is of the essence of this contract and that rw waiver of any obligat~on he~eunder or of the obligation s~ cvr2d hereby shatt at an~ time therFafter be hetd to be a waiver of the terms hereof or of the instrument sec~red herby. 11. In add;tion to tne forego ng month:y vayn:ents of princ'pal and interest req~ired by the prpm~ssory nore secured hereb~, mortgagor eovenants and agrees to pay to mo-tgagee v~~:h each rr.on+hly pay~ :ent an add~~ional s~m esnm.ared by mortgagee to be equai ro!;' 12 of the anrtua! cost of the follow- A-All real yroperty tayas Ic~:e~ or asses:cd ag~~•:st thc aoove described reat estate. B-Pren:~ums on fne ar,~ w;;:dzto~~~ ~ns•.,rar~~ ~s nere:n reyu;red to be carried on the ~mprovements rtvate on thr above d:scri6ed premises. C-Premiums on s~ch mort~;ge gua.anty ir.svra~.ce as mo•~gagee shat( frorn ume ro time deem fit to carry an the Joan secured hereby. Morrgagee sha:! from r~mr to t~~r~e r.oTify mo~tgago~ ,n v.riung of the amoum due ard payable hereunder and such sum sha11 thereupon be due and :.~yable on ttre due date of the ne~i monthly payment and eath svccessive monrh thereaiter ur.til mortgagee shall notify mortgagor of a thange in such a^•ount. $uch sums s~ ai( E;e app'~Nd 'oy mortgagee tor.ard the payme~t of real property taxes, insurame prem;ums, and mortgage guaranty insurance p•emium3. IN WIT tESS :1~HfREOF, the sa:d MORTGAGOR has hereunto set his hand and seal the day year first aforesa~d. Si , Sealed and iiver4d in the presence of: - - i~~`~~1/K ~ v~ ~esl) ~ ~ Vernon Alphonso Jone {~ai~ ~t~M~ 1?EA{t1E0 Car e A J tseaq _ 1 . one cseai~ State of Florida ~ ~ ~ ~ ' County of DADS ~ 2b~s95 ~ Vernon A1 honso Jones ' Befwe me personally appeared p a~ ' Carole A. .Jones his wift, to me well known and known to me to be ihe ind;v;duats described in and who executed the toregoing inst~ument, and acknowtedged before me that they executed the same for the pu~poses ; therein exprcssed. And the said CarolR A• .lOflQS N:'e of the said V@YIIOS Alphonso Jones upon a separate and prrvate ~xamination by me taken separate and a~art from her said husband, ackrww(edged to and be(ore me that she executed said instrument freely and voluo- rar:ly and without any compu'•sion, co~straint, app.ehen ;pn fear of w from her said hu nd. ~4th ~ovenber 73 WIiNESS my hanJ and official seal this_ day of ,A. D. 19 _ - - ' ~H,?~~ ~ NotarylPu tic in and tor tha S~at! eF J ~ i e~' . Retum To: My Commission expires: • ~'!~~s~h---"---• • ' o •~G,,,~,~'- ~ ' . - First Federal Savings d Loan Association - t,,, ~ Of Fort P.erce. ~ : - ' ~ , fort Pierte. Fiorida ~ ^ ~ • ' ~ ~ 1~ ; ' i ? S~~ l ~ /i ' ~~i .+~0~.~.. ' .•.S.'. . t~/,~.• f? ~i This Instrument P~epared By •J. H. Roberts Jz, F+rst Federal Savings 8 loan Association + ; j ; • ' ~ of Fort Pierce ~ Flo= ida . _~=~'G ~ ,s;,~~; ~ . ,i. a ea:. r ~ ~ . Checked B - ~ ,1 0 R y " .1~ t; u ~-~G . , _ .,1~ , a~~K 221 FN~,1388 ~ ~ ~ F _ ~ . ~ ` , -