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3, To piAU Ind conllnuovoly Ir."p on the b.,lldi,. now (I( he,.."., tll.HK on Mid Ilnd Ind on III equlpmenl Ind potloollly covered by Ihi. mortg'
ego. wllh III pt.mivm. I......eon pAid In lvII, fI,. Inw,..-cl in .he 1n...1 It""d polley fo,m. In I Ivm epp,oved by I.... MORTGAGEE, Ind ",ind,'orm
Inlu'lnc-e In the ulvll ,,"nd.,d policy fOtm. In I lum apptom by the MOllTGAGU, In luch complny 0' complniel "' I'" MORTGAGEE mOl'
dl'KI; Ind .11 fl,. and ....lrdltorm !Nu'.nee polklH Oft ...y of ..Id buildingl. ...y 1n1.'.11 I.....in 0' 1'.'1 lhereof. In II.. aggr~ll. turn Ilore..id or
In .llC", I.....of. ......:! conllln the ......1 ".ndatd ~ ct..... or 'o.>Ch othoor ct.u.. .1 the Motlgage. m.y ,equi,.. mlklng I'" 1011 vncle, ..,d pol~
Clel. .Ich Ind .ve,y. ply.bl. 10 ..Id MORTGAGEE.. If8 Inte,..1 m.y .~r. .nd Nch ind .very luch policy .hlil be promplly I..gned InQ J.I"ered 10
.ny ....Id by ..Id MORTGAGEE .. furt..... IIC\lrlty 10 oakf mortsiagl deb.. .nd. nol .... lhen len (lOld.V- In .dvJn.:. of I..... upllllion of elch policy. 10 de-
li,'or 10 ..Id MORTGAG~E . '~II lhereof. ~I"'" with . ,ec.ipl fo, the pt.mlum of ouch ,enewII; .nd Ih.r. ,h.1I be no fi,o or wind,torm In.uranc.
pl.ced on .ny of Mid building.. ."y Inl.'.., 'h....in 00" pArI '.....reol. unl... In the Iotm .nd with I..... lOll paYlbl. II .fore..id; and in the evenl Iny ,urn
01 ~y becom.. p.YIl:>I. under .uch policy or poliel.. ..Id MORTGAGEE ,hili .....v. I..... oplion 10 'e<:elve .nd .pply Ihe ..me on occounl of Ihe Indebled,
...." MCured her.by or 10 pe,mll ..id MORTGAGORS 10 ,ecelv. .nd UII II Ot Iny p.or' Ihereol f(){ olhe, purpo.e., wilhout IhNd)( w.i.i"g Ot "',p.ir,
Ing any eqvity. II." or 'ighl uncle, (){ by vitlue of Ihll mortgag.; Ind in Ih. .venl ..id MORTGAGORS ,hall for Iny ,e..on fail 10 k"ep Ihe .aid premi,,,. .0
in.v,.d. or foil to delivo, ptO'1"\plly .ny of uid polici.. of In,vllnc. 10 ..id MORTGAGEE. 0' fail p,omptly 10 pOly fully .ny pr"mium Iher.for Ot in any
,eopeel f.i1 to perform, diKhltg.. .xecul.. .IIecl. complel', comply wilh Ind .bide by Ihi. co,'enlnl. or any p.r, hor.of, said MORTGAGEE m.y pllc,: acd
ply for luch Uuu,.nc. or .ny plrt lhereof wilhoul w.lvlng or .ffecling .ny oplion. lien. .quity. or right vnd"r or by virtue 01 Ihi. Morlgage. and the
full lmounl of ..ch Ind .very .veh plym.nl .hlll b4 imm<tdillely due Ind pAYlbl. Ind .hlll beer Inler".1 fr~ Ihe dole Inereof unlil pdld .1 the rate of
nine per cenlvm per .nnvm Ind logelh", with .uch inler..1 ,hell be 'KV:ed by I..... Ii.n of Ihi. merlgoge, ,
~, To permit. commit or luffer no w..',. ImpAirmenl or deleriotalion of ..Id propArty or Iny plrt Ihereol.
5. To ply .11 .nd .ingul., lhe co.ls. c....,g.. Ind 'Xpentel. including . ,...onlbl. attorney'. fee .nd co.,. of .b.lracl. of 1II1e. Incurred or p.id al
any time by ..id MORTGAGEE. be':.UII or In Ih. .v.nl of lhe hiiur. on lhe plrt of lhe ..id MORTGAGOR to duly. pr"",ptly and fully perform, d,,,hargo
execul... .II.ct. compl.... comply wilh Ind Ibid. by .ech .nd .v.ry lhe 'Iipulalion.. ogreernen". condition.. and covenant. 01 uid pro",i..ory nole .nrl th"
morlgog. .ny or .ilher. Ind ..id coals, chltg.. Ind .><penH.. IIch .nd Iv.ry. ......11 be imm.di.lely due .nd p.y.ble; whelher or nol Ih"r" be nOlic" d.,.
m.nd. "".mpl 10 coll.ct or wit pondic.g; .nd lhe full .mounl of ..ch end /IVery .veh paymenl .hlll be., inl"re" from the dtle Ih"r"ol unlil plid ., Ihe
ral" of nine pe' cenlvm p"r Innum; .nd .11 .Iid co"'. chorgel and expon.e. ineurrw or p,id. logethlt wilh .uch inter.... .hall be .ecured by Ihe iI.n of Ih,.
morlgAQ-I.
0, T"hA, (.l in Ihe .v"nl of .ny breach of Ihi. Motlgeg. or d.flull on lhe plrl of I"" MORTGAGOR. or (bl in Ihe cv"nl .ny 01 ..id ,um. of money
""rein referred 10 be nol promplly and fully paid wilhin Ihirly (30l day, nexl .fte, Ihe ..m. .ever.lly become due .nd p.yable, wilhoul demand or notice,
or (cl In lhe evenl eoch .nd every Ih. .tipulation.. ogr.emenl.. condition. .nd co~""nl. of uid promiuory note .nd Ih,. mortgag" any' or "ith"r are nol
~uly. p'Qrllplly .nd fully performed. d.lChlrged. execuled. .IIected. compl.led. complied with .nd Ibided 't>y. I""n in eilher or any .uch event the .. id ag.
gregal. .um menlioned in ..id promissory nol. Ihen ,.mainlng unpaid.. wilh inler..1 ICuued. .nd all mon.y. ..cured ....r.by. .h.11 becom" due .nd PlY'
.bl. forthwith. or I""realrer. .1 lhe option of said MORTGAGEE. "' fully .nd complal.ly .. if all of Ihe said .um. 01 mo","y w".. o"g,nally ",pul.led
10 be plid on 'o.>Ch d.y. .nylhing In lIid promiuory nol. or in Ihi. Mot'iJ.g. 10 Ih. conl'''y nOlwith.landing; .nd th"reupon or thereafter at Ih'; oplion of
..id MORTGAGEE. without nolic. 0' demlnd. .uit .1 Ilw or in equity. lher.fore or Ihere.lrer begun. may be pro.ecuted a. if .11 money. .ecured her"by
had malured prior 10 ill inllilulion,
7. ThOll In I.... .venl Ihal II lhe beginning of or .1 any lime p"nding .ny luit upo>n Ihi. Moriga\le. or 10 forecln." il. 'or 10 rel;rm il. or to enlorce
paymenl of .ny c1.im. her"under. .aid MORJGAGEE .hall .pply 10 Ihe Courl having iuri,diction Iher"ol for the appoinlmenl 01 a Recei.er. .uch Courl .hall
forlhwilh appoinl . ,eceiver of ..Id mOtlgag"d property .11 .nd .ingullt. Includ,ng .11 Ind .ingular the income, prof.II, i..ue. and re.enue. Irom what"v"r
lOurce derived. each Ind .v"ry of which. it beinv .xpreuly understood. i. h.,eby morlgag"d .. iI .pecific.lly .el forlh and described in lh" gr.nling and
h.bendum c1lu.e. her"of. and .uch Receiver .h.1I have .11 Ihe broad .nd .IIectiv. function. and pow"r. in .nywi.. "n'ru"ed by . (ourl 10 a Receiver, and
.uch Ippoinlmenl .hall be made by luch Courl II an .dmitted equily Ind. malle, of ab.olvle right 10 ..id MORTGAGEE. and wilhoul reterence 10 Ihe
adequacy or inadeqvacy of the value 01 the prop"rly morlgaged or 10 I"" .olvency or imolvency 01 ..id MORTGAGOR or Ihe defendanll. and that .uch
,enll. profill. income. inve. .nd revenue. .hall be applied by .uch Receiver occording to Ihe lien or equtlY 01 said MORTGAGEE and the practice of .uch
Court ,
8. To duly. promplly .nd fully p"rform. ditch.rge. execul.. effecl. complete. comply with Ind ebide by e.ch and ev"ry Ihe IIipulation.. agreemenl..
conditions .nd covenants in said promissory note and this mortgage let forth.
9. Th.1 in Ihe evenl Ihe own<lrship of Ihe mortgaged premi.e., or .ny p.rt lhereof. become. ve,'ed in a person oth"r Ihan the MORTGAGOR. Ihe
MORTGAGEE, ita lucceuon and Inign., may, without notice to the MOP.TGAOR, deal with Ivch su<ceuor or lucc~uor in jntt-rest with reference to this
mort,,"ge .nd lhe debt hereby .,,",ured in the ..me mlnner .. wilh Morlg.gor without in Iny way vilialing or d,,,harg;ng the Mortgagor.' Iiabilily here'
under 0' upon Ihe debt hereby ...ured, No ..I.. 01 Ihe premi.". h"reby morlgaged and no forb"..ance on Iha p.rt of Ihe MORTGAGEE or il. .u(cenort
or a..ign. Ind no exten.ion of Ihe lime for Ihe plymenl of Ihe debl hereby ,ecured giv"n by I.... MORTGAGEE or it. 'ucc"..ors or anign.. ,hall operate
10 releese. diachArlle. modily change 0' "flecl lhe origin,,1 liability 01 the MORTGAGOR herein. .ither in whole or in parI.
10, It is .petifically agreed lhal lime i. of I"" e...nce of thi. contracl and th.1 no w.iver of any obligalion her.under or of the obligation .e-
cured ""r"by .hall al any lime Ihereall", be held 10 be . waiver 01 ,''' I.rm. hereof or of I"" imtrumenl .ecur"d herby,
11. In addition to the foregoing monthly payments of princ"pa! and interest required by the prom:uory nofe secured heren" rno~!,~agor co....enants
.3r.d agrees t') pay to mortgagee wilh each rr.onlhly payment an additional sum el.!imaled by mortgagee to be equ~1 tel: 12 of the an!1udl (OSI of the follow-
ing:
A-A!I real properly taxes levied or 4ssened against the abo..... described real estate.
B-Premiums on fire and windstorm inlUranC8' II herein requ;red to be carrled on the improvements situate orr the 5bove described premi'5cs.
C-Premiums on such mortgag., guar~nty insurance al morlga.ge!' shall from time- to time deem fit to carryon the loan s.ecvred hercbi.
Mortgagee shall from time ,o.time notify mo:tga~or in writing of the amour.t due and payable hereunder and such sum 1ha:1 thereupon be due dnd
payable on the due date of It-.e next montt,ly payment .nd each luccessi....e monlh thereafter un'i1 mortgagee sh.~dl not.fy mortg3gor of a char.;]c in such
amcun!. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem,vms. and morlg~ge guaranI., :nSiJrdnce
d'~~.~.:d
~reunto \el hi. hand and ..al Ihe
/'
(S"al)
(Seal)
(Seal)
(Seol)
STATE OF flORIDA
COUNTY OF
..;t. Lucie
SS,
Before me ~"onally .ppeer~
T~omas 0. Tavlor
!110
:<:leanor 11, Ta ':lor hi. wife. 10 me well known .nd known 10 "'. to be
I"" individvll. described in .00 who .lleculed lhe for~oi'>';l ;",Irumenl. and Ickno.....:.dg.d before me Ihol Ihey eJ<ecul"<;! the !e"'. for the purpose.
h. ed And IL 'al'~ Eleanor M. Ta -.'lor
I ereln .xpr..., nw _ <;
.....ile of lhe said Thomas O. T a vIor '"' vpon . ..parale end private
eumin.tion by me lahn leperale .n<:! apart from he, ..id hu.band. acknowledged 10 and before me Ihal .he execuled .aid imlrumenl Ireely and vo!u,,'
larily .nd wilhoul eny compul.ion. conllr.inl. Ipprehan.ion. or fea, of 0< from "", .aid hu.b.nd,
2t3-11t day of March
WITNESS my ....nd and official .eal Ihi.
A:D,19~
,O~P.. ..~
the SI.'e of Floridl .1 large
11.4327
Associat ion
Notary PUblic, State of Florida at L?'''e
~,~y Comm:s"on E):i,:r~S Apr:1 24. ] <-,~)
Bo~de::J by Aml'r,o'] Selrl'l! Co of '. i.
-'. .}'
FILEO H~O RECOf~Dm
IN _~,QffidaLRecord 1GOK
1%3 MAR 28 PM 3: = 3
ROGER POITHAS. C;JU\ 1.;1
S'l. LUCIE CGUilT!, fl[~V
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