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Home My WebLink About0576 ~ A i . i ~ • i To p~~c~ and cvnrinuova~y kerp a+ rha tw~!d~rva~ now w her~~her ~~tw~~ on +~id :snd ~~d on ~11 aquipme~~ ~nd p~rsonally cova~d by lhts ~ort~ p~, with ~il p~miums thereo~ paid in tull, fin ir.iur~nc• in ~ht ususi ~tandud potKY ~orm, in a wm approv~d by 1h~ MORTGAGEE. +~d wirditwrn x tmwant~ in th~ u~wl ~t~ndard pol;cy fam, i~ ~ sum approvtd bY tM MORTGAGEE, in wcA company w ton+pani~s as 11» INORTGAGEE +nay ~ dir~cy ~nd all ik~ and winchrorm inwr~r~c~ poGc~e~ on ~.~y ot isid build~nps. ~ny ir~q~s~t 1Mroin or p~~t tF~wi, in tM pys9att wm afw~ssid o~ s tn txceu Ihercof, iMil comair~ tM u~wi stusdard mw~9ays~ ci~vs~ or ~uch o~ha cl~us~ ~s tM Matpa~N m~y ~pv~rt, m~kirg th~ bu ur~r ud poiF ciH ~~ch and •v~ry, paYabl~ ro said A~ORT3AGEE a its in~e~ast may appsa?. s~d ~~ch u+d •very ~uch policy ~hall b~ pranptly ~~s:9~~d ~nd d~liv~rsd ~o •ny Mld by s~id MORTGAGEE u iunha ~~c~~ity to s~id ~+a~pp+ deb+. +nd. not tesa tMn ten {f0) dayf in ~dvsnc~ ol tM ~xpir~~ion o! each pality, to d~- ~ tivM to wid N10RTGAGEE a ran~wa{ ~herwf, ~op~iMr with a r~csipt fw 1h~ pr~.nium of wth rtn~wel; and ~here shall b~ no fir• a wind~rorm i~sur~nc~ :~~5 pi~ced on ~ny of uid buildinps, ~~ryr nuer~a ~Fwreu~ w p~r~ ~her~of, uniess in ~M fwm and wi~h ~M lou pay~bl~ ~a afor~~ids +nd in ~ht •vdN a~+y wen of mon~y becomes pay~We unda tuch pol~cy o~ poi~uas uid MORiGAGEE sMll haw tl?~ option to nceivs and ~pply the ~ame on acco~nf of tM ind~bted~ rKU seevr~d he«by a b pt~mit utd MORTGAGORS to rtttive and uHe it a any put ~hereo( for othe~ purFwsea, ~ee~+hout lhsrebl waivi~ip o~ ~n+pa~~- - in~ ahy pviry, lien w ripht unde? a by virtw of thii mo:lpa9s; ~nd i~ tM •vent w~d MORTGAGOt25 chall (a ~ny rtaw~ fail to keap the w~d prN+nlses ~o ' insvr~d, a fail to deliva promptly any of w~d pol~ci~s of inswanc~ to s~~d MORTGAGEE, w ia~i promptty to pay fully any premium fRerofw a in any 4 ~~sp~c~ (ail ep pKlorrt~, disch~rye. ~x~cufe. ~ffad. canptete. comply wi~h ~nd ab~de by Ilfq COWMf11, a~ny pe,i htr~of, aid MORTGAGEE may plaw ~nd " p~Y fa such +nw?enc~ w ~ny part Ihereo} withoul waivlrp w~fftclinp any optbn, li~n. eqvity, or riphl undN o~ by virtw o( this Mortpap~, ~nd 1M ~ full ~moum of ~sch u~d w~ry such p~y~nant shsll be immedia~~ly dw and p+;~W~ ~nd sh~ll bear inttr~tl lrom Ih~ d~t~ th~rwl uatil p~id ~t IM ~ah ol ~r' niM ps~ c~ntum psr uu+vm and togerher with ~uch inte~a~~ ?hali be securcd by t1+~ t~en of th'n mortyp~. 1. To permit, cwnmlt w suffe? rto wa~te, impairment or de~erioration of s~id properry o? a~y parl therwf. ~ , S. To p~y alt Kcd s~npular tM costs, sharyes and expe~ses, tnclud~rsp • reason~bte s»wney ~ fee snd wstt of sbstr~ets of title, iricv~r~d or paid a~ sny time by taid MORTGAGEE, becavsa a in the tNM1 Of 1I10 ~~~~UlQ 011 f~ pA/l O~ tM said MORTGAGOR to duty, promptl'y +nd fully ptrforrti, di~cMrq~, execut~, elf~, compfet~, comply wrth a~d sb~de by escA •nd every the stipvlatwns, ~grcKments, co~+d~tian, and cove~unts of uid promissory nob ~nd thq mort~p~ any w e~tha, and ~aid costs, charqes and aapenass, each a~sl svery. tFull br immodiately 'dut and payable: whather w not ther• b~ notlce df rrand, aqcmpt b toll~ct oe wit pernl~ng; and. fhe full xswunt of e~ch and svery such paymem sh~ll ba~? intenst from tF+~ data tKaeot u~Kl prid at N+e rare o( nine per crntvm par a~n~m; and all said co?rs, charges ar.d expenses ~ncurred a paid, together w~th such inrer~sL-shatl b~ aetured by tFw tien of thu mortyagw 6. That in the evu?t of any bre~ch of thl~ Alwtflape w de(ault on the part of ~he MORTGAGOR, w(b) in ~he ~veM any oi u~d swes of ma+ey he-ein nfmred ro b~ not prompNy and_ fully paid wuhin Ihirty (30) daYS next afrer fF~e um~ sew~ally becwn~ dw and payablt, wifhout dem~~d w ~o1ic~, or (c) in the even~ each and every the stipulstiais, a~~cemcnn, co~d~Tans and covenann of sa:d promiuory nots ~nd th~t mortya~e +~y w either ar~ nol iuty, promptly and fully perfwmed, d,~charged, cxecutsd, effecred. canptsted, comp~ied w~~h and a6ided by, tMn in ei~hrr w any such ~wM tM said a~ greg~t~ sum meM'a.~ed in said promissory nots ~Ixn remai~inp unpaid. with in~ereil xuued, and all moneys secured hereby, sFwll betort~t dw s~d pay- able fathwith, or thereafte~, ae tha oprion ol ss~d MURTGAGEE, as fu~ly and complaee~y as if all of ~he said sums oE mon~y were wpiaelly ~tipu4ted ro be r~a~d on such day, any~hing in sa:d prom~sswy rwte w in fhis Mwtyage ~o the convary notwi~hsandiwg~ ~nd lhsreupoe~ p thereafter a~ tM op~~on of saod MORTGAGEE, v.ithcut ~otite or dc,r.and, au~t at I:w or in eqvity, thrrefwe or thereaftcr begun, may be pros6cvted a~ if ~II naneys wcwed Mrtby had maturtd prw to ~t~ instifution. 7. ihat in t1+~ svent that at the beginning of or at any ume per,di~~g any suit upon this Mortyaye, oa !o fotaclose k, d fo t~torm M, q to enforp payment of ~ny c~aims F+e~eur,der, said MORTGAGEE shall ~ppty to the Go~rt having jur~sd~ttion Iheteot f~r t1N appointrrxnt of ~ Rsc~iwr. wch Court shaif • 6orthwith appoint • receiver of said mwtgayed pro~xrty ail and s~~+gviar, inc~vd:ng al! and singular 1he~ incorr», p~ofits, iasues and rev~nues from wh~ttvp four~0 de~ived, ea:h ~nd ever~~ of wh~ch; :t being expressly understood, is hereby morrgaged as if speufiully wt fortA and deKribed in IM 9ranti~y avJ hebendum ci~uaes hereef, and such Rece~ver ahatl have ~it the broad a~d effec~;ve fwxtrons and povrtrs ir~ anyw.fe tmrusted by a Court to a Reueivtr, ~nd i~ch appoimment shalf be made by such Court ss a~ admittrd equity and a matter of eb:olutc r~9h: ro said MORTGAGEE, ~nd witlao~ re(erence fo tFK adequacy o~ inadeqvacy ot tF,~ v~lve oi the propeery mo.qaged or ro the so:vency or 7nsol,rer+ty of s~id MORTGAGOR oi the defendants, and thal wch renta, profits, income, issues ~nd revenues shall be appued 6y wch Qeceiver acuxdrt+p w tM lien or equiry 9f said MORiGAGEE and the pr~ctits of suth Coutt. ~ 8. To dvly, prompt!y and futly perform, discharge, execute, efEect, comp~e~e, comply with and abide by each and every tks stipulations, aQreemanri, conditions and cavena~ta ~n sa~d promiuorr note r~d lhis mwlgage sat forth. ~ • 9. That i~ the event th~ ownenhip of the mo~tqaged premises, or any part t}urcof, brtomrs vested in ~ pe.wn other then 1he MORTGAGpR, tM h1pRTGAGEE, ifs successws and ass~gns, may, w~~hout norice so the MORTGAOR, deal with such succecsor ot tuccessw in interest with re(erente to fhis n,ortyage and ?he debt herebr set~red i~ the same manner as with b~rtgagor without i~ any way vitialinp or d~acharpinp tlw Mortyagors' liability Mra ' under or upo~ the debt hereby secured. No saie of the premius hrreby mwt9sqed and no forbear~nte on tht parl of t!K MORTGAGEE oi iri succeuws ~ or as; ns a~d no exre~s~on of rhe t~me (or rhe a mem of ~he debt hereb secv.ed ~ven b the MORTGACaEE a ib wcuswn a ~ ~9 P Y Y 9 Y ~ss3pru, sf»II opaaq ~ ro release, d:scharge, modify chanye w affect the orig~ral liabiti~y of the MORTGAGOR herein, e+ther in whol~ or in part. # 10. It is apeNfically agreed ~hst rime is of the essence of th~s contract end thst no waiver o( a~y obliyation herevnder or of th~ oblipatbon W ~ cVred hereby ahail at aoy time thereaFter be he:d fo be • wawer of tFu terms hereof a of ths instrumeM secured herby. I 1. In aod~fio~ ta the iorcgo ng monthfy paym:n!s of prir+c pal and interest required by tbe promisaory note tecured F~ereby, mottysqor cpwn~nh ar.d agrees to pay to n:ortgagee with each mcnrhiy paynent an add~r~onal sum ess~mated by mortgagee to be eqwl to 1/12 of the annual cost of the follow- ~ng: A-All real property taxrs lev~ed or assessed ega~~st tFc above described real estate. _ ~ B-Fremiums on (~re and wi~storm ~nsuracce as Iure~n reqv:red to, be carried on the improvements situate on the ~bove desvibed ptmises. ~ C-Premiums on suth mortgage gua~anty insurance as morrgagee shat! irom r~me to time deem fit to cury on tlie bsn secured hereby. Mwtgsgee sha!! from rime to time notify mortgago? i~ writing of the amount due and payable hereunder and such wm shall therevpon be dw and E Fayable or~ the.dve date of rhe r+Pxt monthty p~yment and each successire mon~h thereafTer urtit mongagee thall rat~fy mortqsgor of a char?9~ in wch ; a~~~ount. Such sums shail be appi~ed by mortgag~e towa.d the payment of rea! property taxes, insurance prem:ums, snd mortgaye gwr~nty insurant~ i f p~emiums , ~ WITNE WHERiOF, the safd MORTGAGOR hss hereunto set his hand ar~ seal rhe day and ye first afore ' ~ ~ al ~~v i~ the presence of: ~ ! ~ ~ s~~y~rs~t, r fii. W ie Lee , Sr. I i e ..-~RS ~ ~ ~~-.f~~ `'~~1 ~ Frances L. Jo s s~ t 's ` ' - - , -:V!~ ~ STATE Oi FLORIDA ~ ~ ~ t ~ M~ ~ I ~ ~ os AN l 5 ~456U i COUNTY C~F St . Luc ie ~ ¢ Befwa me penonally appesred W1111Q Lee Jones, $Y. ` Rrances L. .70i1eS his wife, to me well known snd known W ms to b~ ~ ~ the individuats described in ~nd who ~xecuted the fo~cqoirg instrument. ~nd acRnow{edged before me that they executed the ssrn~ for ths purposa 4 ' Fzances 1,. ~ rherein expressed. And the .a~a__ Jones N~fe of the sa~d Willie Lee Jones, SY. ~ - upon a separ~t~ end priv~q ~ e.am~nation b~ me uken xparate and aparf f:om her said h~sband, scknowled9ed to and beFOre me that she exetuted s~id instrumeN fraely ~nd volua rarily ~nd without soy compulsion, constraiM, approMns~on, M fear of or from her said husband. ~ WlTNESS rr.y hand and ofl7c~al seal thi~__ dey of A. p. 19 76 ' " l~'C ._L~ ' 'f ' l~ ' , ~ ( ~/ary Public in aod iw tF~e Sl+t~ ~brida Larpe . G Commiasion expires: , ? Retum io: ~ ' Fint Fedcr~l Savings 6 loan Astociarinn ~ ~ ~,1.~ ~ Of Fort P~erce. ' ' t y fort P~erce. Florida _ y, . . . - "i. a ' ~ ? ~ , ` This Instrument Prepared By Donald B. Hughes ~ ~ ` ,~~1 ~r~ ~~+4•~~ ~ _ ; ~ : _ ' ~t i ~ First Federal Savings ~ loan Associatiort ~ _ . of Fort Pierctt, Fiozfda , ~ L ~~~~i,t~~ •y~s- ' ~ Checked By ~ ,;~~'~fi•w;.•~~. .~C~_ ~4r~~~''.., . ' a R