HomeMy WebLinkAbout0152 .yw w~... .n ~,.~m~w+n ~ne~wn p~w in ru~y i~ro ~nsur~ncf m ~M uiW~ t~arW~ra po~Ky rv~m, ~n • wm ~yy... vi.
imww+c~ M tM wwl ~andard pol~cy fwm, in a sum ~pprowd by ~M MORTGAGEE, in wch comp~nY a oo~?~P~^+a th~ MORTGAGEE m~r
dkactj u~d all fu~ ~nd wK+dsrorm Insvranc~ Po~ic~es a+ ~ny of said bviM~np~„ ~ny MtNat ~F~~in or p~h tfiN~of, in ti+» ~ppnWt~ wen afaaaid o~
In ~cceu tl~wf, ~hail contain dw ~wal uanda~d ma?ysp~ c1au~ a such aM~ davw +t tl+~ MaqapN m+Y n4uw~. nwklnp M! ?as w~ u'd Pd~'
tiN. Nch and wary. arabl~ to wid MORiGAGEE a in intKat nwy ~pp~u. ~rd ~ad+ and wKy .ucb polity ~Mll M P~o^~MIr at:pn~d and dNivK~d a•
•ny Iwld br s~id MORTGAGFE fur~l?N secu~ity to said mort~a~~ dtb?, and, not iau ?Mn tN? (10) days tn +dva~c~ ot tM sapkatia? of Nd+ policy. w dt
Hw~ ro wId MORTGAGEE • rMewal tMr~of, toperF?K wi~h a rec~ipt iw tM pr«nlwn of wch ren~w~lj ~nd tMn ~hall b~ no f'a~ a windsian+ 4+~w~nu j
~laced on aay of s~W buildte+9s. any inte~at sl+~r~;n o~ pu~ t1,~rwf, unkss io iM fam ~nd wNh N» bs~ pay~bl~ u~~fa~~a'id~ and 1e tM ~vaN ~ny swn:^^~+
pf m~r~y becon~ p~Yeb1~ undsr wch polky p polici~s ~id MORTGAOEE shall Mw rM option to nceiw ~nd apply tl» ~am~ on ~ocam~ ol tlw M~bted~
~ wcvr~d ha~by a ro permit said MORTGAGORS to .eoeiw and u~ N w~nr p~rt tM~wf fa otha pu~pos~a. without ~h.r•b~ walvi~ a imp+k-
inp ~nY puity, liee a ripht undN or by virtw of thi~ mortpaqr. ar?d i~ tt~ ~veM said MORTGAGORS shall tor arty ~~asa? fai! b kNp /M said prMnists so ~
insu?ed. w(ail to deliwr promptly any of said policies of iruur~nc~ to ~aid MORTGAGEE, a fail promptly to p~y, fvlly any p~~miu~! thenfor a in u~y '
~~spect fait w p~rtoen+. dtschar~~. ~xccut~. ~if~ct~ complete. comply wiM ~nd ~bW~ by this oov~nanl, a ~ny put hK~of, s+id MORTGAGEE may pl~o~ ~~d~y~
par fa such inswanc~ w sny puf thaeof without waivinp or ~ffectinp a~ry option, li~n, aquih. w ~ipht undN a by virtw of this Mon~ap~. ~~d tM • w
fuli ~irw„n~ of sach and ~wry such paym~nt si~+ll be inxnedi~tey due ~nd p+yabi~ and shail Mar intK~~t from tM dar~ th~nof until paid ~t tM ru~ of ~
nG+~ pa ca?tum pK annum and toyether with auch intereat shall be sacured by 1M liet? of th:s ~r?o~tqsp~.
1. To permit, oommtt a wHer ao wast~, impairmeM or deterior~tion of said propKty or ~ny Wrt tM~wf• •
S. To pay dl ard sinpul~r thr costs, chu~ and ~xperoe~, incl~rdinp • na~onabla ~non»y's fN aod oosn of sbatr~cts of tiN~. 4KVa~d a? P+~d N
~ny time by s.id MORiGAGEE, Mcaus~ a in tM ~vent of tl+~ failun oe the pan of tM said MORTGAGOR w duly. promptly and tvlly pwfam, d'acharp~;
~xecut~, e~f~ct. oompkt~. complY with ar+d abide by each an~ every the stipulatioe?t, ayr~~ts, caxlitia+s, ~nd aowMMS oi s~id p?omisioty not~ snd tfii~
mwtyp~ ~r or eitMr, and sa~d cosM, ch~ryes ~nd expenses, each snd avery, ~i»II b~ Mnmediabip dw ~nd pay~bi~t wMtha w not tMn b~ not~i,~ ~d~
n~and, ~mmpt to col~ed or wH pending; ~nd the futi anount of each a~d ewry wcl+ p+ymen~ ah+~1 b~+r inter~st fran tM daN th~r~of until paid ~t 1M
rat~ of oin~ per t~~tum pe~ annvm; and all ~id aosts, ch+rpes and expN+sa inturr~d or paid, together with suth imw~st. aMll M a~tund by 1h~ IiM of tIW
mort~+~. . ~
6. Th~t (a) in 1hs eveet oi ~ny breach of this Mwro+~ w d~fault on the paM of the MORTGAGpR, or (b) in tM wMt an? of taid axm of morny
herein nf~rnd to b~ not promptly and f~lly paid within th~rty (30? d+Ys next after the sams seve~atly becane dw and p~ysbt~, witl?out d~ma+d a notia.
a(~ in the ewnt ~ach ~~d ~very tM sHpuluionq, agreements, conditiau ~nd cov~nanq of saw! pranisawy ne?t~ ~nd tlw ~norq~ any or ~itMr u~ nw
iuh?, P~a'^P~b aod fu11Y PKf«med, d~xhu~ed. ~xecuted. ~ffeded. campkt~cl, cw~Ptiied with and abided by, th~n in ~iti~ or aMr wch weM tiw wid
p~eyat~ svm mentioned in s~id p~omiuwy note ther~ remaininp ~npaid, with int~rest ~cuued, and ~II morrys tecur~d hu~by. sFyll bsoom~ dw.}yd pay-~ •
abts fa~hwith, a iirsrafier, at the oprion of u~d MORiGAGEE, a fvlty ~nd compktely u lf dl of tM ssid swm of moM1? rwn a~pin+~h~~~~
ro be paid on wch day. anythieg in u;d promiuory note or ln thls Mortsa~e to the contr~ry notwiehstu+dinp: a~d tMr~upoe w thKNftw at th~ opYwn f
wid N10RTGAGEE, without notic~ or demand, suit at law or in puity, therefwe o~ thereaite? beyw~, may b~ proaecut~d u 1f all rnornys New~d y ~
fi~d cnatwed prior to in irotitution.
7, That in tM eve++t that ~t ehe beginning of oo at ~ny tim~ p~nding any wit upw~ tfiq Matgag~, or fo fonclo~ N, or b nfortn N, w to _
paymsnt of ~ny claims hereunder, said MORTGAGEE sMll apply to tM Cou?1 Mvinp jurisdiction tF?ereof fw tM ~ppointm~nt of a R~ceivN, wd~ Court II _
forthwith appoiM s rcoeiwr of aaid mortgaged property all and sing~br, includ~ng all and iirg~lu tM incom~. profits. issws and r~v~wa han whate
~wnu dKived, esd? and every of wh~ch, it beiog expreuly underitood. is hereby mo.tgaged as if apecifiutly wt forth N+d d~wibed in tF?e 9.aminp
hab~ndurn clauses heroof. ~nd iuch Receiver sl?all have ~U ~I+s bro+d and effacrive funcNons a~d povrers i~ snywise emrusted by a CouH ro ~ Ractiwr. ~nd
such appoietme~t shslt be mad~ by svch Court ~s an admined equity snd a matta of absolwe r'ght w said MORTGAGEE, ~nd without nfennct to th~
ackquacy or inadeqwcy of the vatw of the property mortgaged a to tFu solvency or inwlvsncy of said MORTGAGOR w tl+~ def~ndants. and tMt such
rems, profits, i~come, iuurs snd revenues ahall be applied by s~ch Receiver sccordin~ to tM lisn or eq~ity of sald MORTGAGEE and tM p~actic~ of sucb
Court.
8. To duly, promptty and fully pe?form, dischargs, ~xsoute, ~fftet, oomplete. cornply with u?d abids by each and ~v~ty th~ stipv{atia~s„ ~reemenb,
conditions and mvenams in said promissory note and this mortg~ set fath.
9. Thst in the evem the ownenhip of the mortgayed premises. a arry put ihe?eof, beoanes vested in a p~rwn other th~n thr MORtGAGOR, th~
MORTGAGEE, in succeswn and auigm, may. without r+otice to the MORTGAOR, deal witfi auch successw w svaessor in interest with refa~nq to thh
rno.)g~e and the deb~ hereb~r sacvrsd in the same msnner as with Mo.tgago? witlwvr in a.ry way vitiat&+p or d~9ieg th~ Mortpa~ors' li~biliry her~
under or upon ti+e debt hereby sect,red. No sate of the premifes hereby mortyaged snd ao fabearance on tM part of th~ MORTGAGEE a its wou:sas
w auigns and no extension of the time for the payment of the debt hereby secured 9iven by 1M MORTGAGEE or itt wcansots or assiprn, sh~l{ op~rat~
to rekafe, diithar9e. rtwdify ChanSle Or affett the orioinal liabil:ty ni ry. A~noTf_ Af:[w I....s ~ ~j!!,w : j,:.:.
10. tt is specifically agreed thaf time. is of the essence of fhis contrsct and thaf ne wsiver of any oblig+tio~ hereunds~ u of th~ obli~atian ~e-
cvred hereby shall at any time thereafter be held to be • weiver of the terms hereof or of the i~ntrwnent secvred Mrby. '
I1. In addition to the fwego:ng monthly payments of princ'pal and interest requ"aed by t!?e promissory oote secured hereby, mortpsgor covensnts
and sgrees to pay to mortgagee w~th each•monrhly payment a~ add~rional svm est~mated by mongs9ee to be equal to 1/12 of the annual catt of the folfow-
ing:
A-All real p~operty taxes levied w aueased against the above descr~bed rea{ eatate. . _ .
B-Premiums on fire and windstorm itnurance as herein requ~red to be carried on the improv~ments situats on the sbove desctibed pnmises.
C-Premiums on such mortgsge guaranty insursnce as mortgagee sFNlt from t~me to time deeen fit fo carry on tM Io+~1 sewrad heteby.
Mwtgagee shall from time to time r+otify mortgagor in w.iting pf the amount due and payabk hereunder and wch wm shall therevpa+ be' due ~nd
paysble on the due date of the ne:t monthly paymeat and each successive month thereahrr until mwt9a~ee sha11 notify morlgagor of a ch~n~e in wth
amount. Such sums shall be applied by mortgagee toward the payment of real property taxd, ir?sunnce premiwns, ~nd morfp+~e ywwnly irou~+nte
, pretniums.
IN WITNESS WHEREOF, the said MORTGAGOR hs~ hereuato set h+s hand md sea! the day and .ysu fhst afwes~id.
s~~a, s~ ~~a • af: F!~EO1?~ u a~coaofo p -
I
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ST. LUC~t COUNTY f lA. ~1`~'~ ~ ~saq
AOCEk ?a~~A~- c ard ~
E bR0 YER~F EO COURT ~ ~
~ ~
~ R onstance R. e ings ~
~ STATE OF FIORID ~ 5 ~ a~ • ~ . •
t
~ S t. L. l1C 1 e
f couNTM oF 315463
~ Befwe me personally appeerod R ichard R. Jenninc~s ,nd
C ons t anc e R. Jenn ing s w~•, ro ~e w~~t k~wMm a~d koo~+ +o ro b.
the individwts described io and who sxecoted the foreyoi~g instrumeot, and acknowled~ed befor~ rn~ ihat th~y txecuted the ~am~ for th~ pwpwes
~t,~,e~ ~ t~ Constance R . Jennings _
~ «ife ot s+~ R ichard R. Jenninas ,„Pon ,,e~,..,te and pr~?.a
exsmination by me taken separste aod apan from her said husband, sdcr?ovrledged ro~nd before n~ th~t ahs exetuted said imtr~rt~snt froely artd volun-
~ rarilr and without ~ny compulsion, constroint, appr ~ensio~, w fear of or from iiet said FY~lband.
~ WITNESS my hand and official seal this day U u A. D. 19 75
~ . •
~ Not~ry PuWit in and foI Stat~ at larq!
? My Commisiion expir • ,n
` ~ Retum Ta ~ a~ /y~
~ Fust Federsl Savi~gs d. toan Auociation ~
~ Of Fwt P~erce.
~
E Fort Pierce, florida •
~
E v '
~ • i . .
~ ~~O'~,~ F ~ -
~ 7his Instrument- Prepared By Gary F. Ellwood -
First Federal Savin s~ loan Association _
9 ~ ~ Ct' ~ .
~
~ of Fo~t Pierce Flori da . _ a.
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