HomeMy WebLinkAbout0420 v i ~i
~ ~
To pl~a a?d contYMaaly kMp on th~ buildinp~ eaw a Mr~ahw aNwN on uid land and on all ~quipnwm Md pKSOnaNy ao~vK~d br thi~ ~ato• i
p~. with ~II pnmiun~ tMr+on p~id h fuU. fin &awM?a in tltir wual uand~?d Po1kY forn~, ~n a wn~ ~pprowd by tlw MORTGAGfE. and wkd~~orm ~
trrw~na In t!w wud aand~ed Po1+cY foral, In ~ wm ~pprowd by ~ MORT~l1~iEEE. in wd~ canpany a oompania ~s fh~ MORTGAGEE w~? ~
dM~ct~ ~nd ~11 Nn ~nd wird~lonp iirv~~na polici~s an aq? of wid build'a~, ~ny MNrat thMNn w pat tM~w1. in tM ~pqrp~t~ twe afor~id or !
In ~eaM 11~f. dwll oonl~h tM vw~l ~t~ndaed stOrpipN daw~ Or iuth WhN claw~ N th~ Mor~yp» maY ?~4uir~,. maAinp NN Iws wdM f+id poli~ '
tM11. ~ath Y~d w~Y. WYabN b s~id MORTGAGEE a~ it~ intstqt n?~y app~M. and e~d? ~nd ~vNy aucA polic~/ thall bi ptompllr ps:p~ed ~nd dNivK~d t0
+~Y h~W b11 Mid M10RtGAGEE a iwthn ~airiqr w wW maqap~ d~M. ~nd. ~ot las th~n t~n (10f d~ri in ~dvana of ~M ~xpka~ion of ~acA policy, ro da
liv~v 1o said MORTGAGEE •?a~w~l tAK~of, top~thM with ~ natpt far tM pr+miwe of wd~ r«irwali ~nd tMn ~lull b~ ro fin or ~?i~~a~n 4awana
plaad on ~ny of sald bu~Winp~, MaKa1 ~Mnin o? pa~t ~Mrwf. w?IMS b tl~ i~o~n~'~nd whh tlw loss pay~ble as ~fu~widj and in tM ~wnt u~y wm
of mon~y bca~ p~~bM unA~r wd~ polic~r a policN~ s~td MORTGAGEE siwll havr tM option b nceiw and ~pply tM wn~ on acco~Mt o~ tl~ ind~btsd~
~ Narr~d Mt~ Or q p~tmit s~ld MARTGAGORS b?~piw and uN N w My put thenof fw othe? purposts, without thsrab/ w+ivinp w impair
ir+p +n1? pua11. li~n a ~ipM w~ or by vir~w d tNs nwrt~p~r M+d in tM ~wnt ~id MORTG~?GORS ~Aall ta any ?*ason bq fo ksep th~ wid pn~ni~ w
tnsw.d. or t,q w ddlw? w~+wb +~1? of ~aid polKia of i~wnncr a uw Mortrw?csEE, « t.i~ a~P~h ~ wr fi+~b •~n? o?«n~wn +het.for o. in any
napKf f~ll q PMfo~n~ dheh+r9~. ~~ntvN. ~fht1. eompNt~. con+~lY with and ~bid~ by Hw ooven~e?t, or ~nY P~rt !?Kwf, aid IYtORTGAGfE m~y plau and
WY ~ wch iiwKano~ ar ~r put M~r~of w»law wa1,r~ w+fhal~ opie~, IMn. p~~b, a ripAt w~ w by virtw of riw Mo.pap~, ~nd tF~
full ~nowN of Neh ~nd ~r wd~ parn~M ~Iwll b~ ~t~ly dw aml qyabN ~ed ~11 bNr hd~rat from th~ d~t~ thuwf untU p~id M tM wN of ~
Pw ~ Pw ~~l~W~ and topetfw with wd~ ht~nat sMll b~ s~cvhd bp 1M H~n of lhis p~orpapw !
1. To PwmM. oo~nh ar wff~r no w~t~. tiwP+k~+t a dNMiwatlon d iald prop~ty or ~np part 1Mr~oi.
S. To p~y a!) ~irpirlar the~ooat~, ch+~0~s and +xpM+N~, indvdi^D + naawbh attorn~a fM ~nd?oosts of sbsn~c» of titl~ incwnd w p~W ~t
~nY tinw br taid~GAGEE. b~cwN a in H+~ ~wnt of tlr f~ilun on tM p~rt of t!r aid MORTGAGOR to duhr. PromPtb ~nd fvih? P~'form. d~scMr~
~x~, ~ff~ct. M. compip with and abid~ by fact? ud every? tM uipul+t7aw +pi~~~, con~tioe~. and oewnu+h of Nid praniswry nw~ ~nd tAis
^+aq+p~ anp or ~ithN, and aid eosk„ cMp~ and ~aPeen~~. ~ach and ~wry. sMll b~ inrmdiaMlp dw ~nd piyaW~j wMtl~u or not tM~e b~ notici dr ~
m+~d. atl~n~pt to ooIIM ar wh pMdMgj and tM firfl anaunt of Nch and wKy wch p+ynNn~ d~rU b~ar int~nst from tM d~h th~nof urttil paW af tM
rate of nirw pta pn~urn pn arr,u~n,, ~nd aN wid odstR, charp~s and ~ap~ns~s irourr~d a p~id, top~th~r with wch inta~st, ~hall be wcw~d by th~ IiM of thi~
nw.q~pw .
0. Tl+~t (a~ in tM w~nt of any bnach of N~is Mortpap~ or d~fauh an th~ put of the M~ORTGJIGOR. o? (b) in th~ ~w++t a+y of ~aid suna of e+ioney
Mntn af~rc~d w b+ rat promptly ~nd ivlN P~id wid+i~+ thirtY t30) d~ri e~ext after tl+~ s~ sevsr~lly b~carK dw ~nd P+Y+bly withow d~a~and w ~otiu,
w td In IM ~wM wd~ ~nd ~wry tM snpubtio+w +pnunaaa, aaKlitioes and ~ovawn» of s~~d pramissory not~ ~+d tha morqap~ any or ~itha u~ no1
iu1y. praopthr and fu~h v~a~»d. da~upsdl. ~xsaur~d. ~ff~cad. oompkt~d. compi+ed w~th and ab~ded 4y, tl~ in either a any wd~ ~wnt tM said ~
Wq~N wN? n~Niard in s~id promis~ory ~wt~ 1hM ranainirp w~paid, with infaat accrved, ~nd all ma~eri sKw~d I~nbY. shdl b~can~ dw and W1P
~bl~ forthwith, a thawha, at t!w option of s+id MORiGAGEE, ss fuliy ~nd oanpl~tely a H ~tl ot th~ ssid wms af nwner wsn oripinalty stipv4ted
to b~ psid on such day, anytAinp In ~aid promasory noq w in this Morfpap~ w th~ oontwry notwirMtandin~; ~ed eMreupon or thereahM ~t t!» op~ion of
s~id MORTCsAGEE, without ~otic~ w d~mand, wir d lawr or in puity. ~Iwr~fon w tM?sahar bsy~M. ~+1r i» prosec~ted a if all moesya s~cw~d Mreby
had m~tur~ prior fo its i~atihrtio~.
7. Thst in th~ evrne d~st ~t Me be~Ennkg of or N ~ny tin» p~e~d'in~ aoy wit vpon N+is Mortyage, w w f«aclos~ h, w to nfwm N, w to a++fora
paynwM of any d~ims Mre~nda. s~id MpRTW1GEE iMll ~pply to ths Court having jwisdiction the~wf fa tM appo~ntment of ~ Receiver. wch Cowt sMll
fo?N+w1th ~PP~N a naiwr of said morty~~d prope~ty aN and si~+pvlar, 4+cludu~p all and s'a~Qolu the F~+coaw prof;ls. issues and r~venves from whstsvN
sa+ra~ ~d~rivad. ~ad~ aed ewry of whid~, it beiop exprassy understood, is I+~reby maty~ged as if sp~cifiully wt fonh and dewibed b~ tM qram' and
h+b~edun dauNt I~raoF. ~nd suth RepivK ah~ll have all tl» brod uid effectiw fw~tt~wn and ~
powers in aeyw~s. entrusnd by • Govn ro• Rsceiv... •r?d
r,xh ~tnwnf aMll b~ by wd~ Cowt u ~n adm;tted eqvity ar~d a rrytte~ of absolute rgh~ w s~id MORTGAGEE. ~nd wi~hout reference to tM
ad~q~racy in~[y.oPNM wlue of Me P~~~Y ~~9+9~ or to tM sWvsncy or iesolvtncy of said MORTGAGOR or fht defendanb, and that wch
ProFb+ G~+»r• i{wy md ~~ntl+s shalf b~ appli~d by such Rsceive~ aa.ordirg to tM lien a p„iry of said MORTGAGEE and ths practia of svch
Gouet.
d. To drly. P~P4h? +^d fuq~? PMfonn. ~+r~e, eaecure. ~ff~ct. oompltM, ca^Phi with ~~?d abide ~ad~ and
confiirtar and aowe«~a in said promitaoryr nor~ and thi. mortQ.p. s.r fo.M. ~ ~«r d~. stipularwns. +p?semena,
9. That in 1h~ ~wnt tM ownKthtp of tht morW+p~d P?emiaes. or ~nY P+rt thereof, beco~rns wsted in a p~noe~ other thsn th~ NIORTGAGOR. tM
MORTGAGEE. fls sucustors and sssipra, m~Y. withow ewt~oe to tM MORTGAOR, dsal with such wocessp or successer in interesl with rsfnenu to Mis
^+a.~p+p~ and tM deb~ Mnb~? satw~d in tht same msnner a with Mort9apw witlww in any way vitiatirg a dischupinp tht Mortyapon' liability l~sn-
undsr a upon tM debt Mr~by secu.ed. No ssle of tl» premises hereby ew.ty~ped and no fwbeuu~ae on th~ pan of the MORTGAGEE or in waessws
or assipna ~nd no exrsmion of the time fa th~ p~ym~nt of the ~bt hereby senxed piwn bp th. IItiORTGI?GEE or in woo~sson w+ss~pes, shatl opsr~t~
to nle+t~. dudurpt. ~fy chanpe or affed the aipina! li~bil;ty' of th~ MORTGAGOR ha~in, either in whoh w in put.
10. M b ipscifk~Uy ~re~d that tims is of tM essenoe of this cnmraet and that ra waiw~ of '
cund +nY oblip~Non herew~der w of t!r obliyatiwi sa- ~
h~r~by shall ~t N?y Wn~ thereafiM b~ held to be ~ w~iver of the t~rna herwt or of Nw irotrwn~nt sscvred herby.
11. In addtion to the forego:rg mo,+rhh p•ymenn of princ:p?) and interest ?eq~tKed by tht promisso~y note aecvred I~ereby, morty~gpr ~pv~any ~
and +pre~s ro p+~ b mortpapN with e~ch monthly p~Yment an addirion~l sum estimated by mat9syet to b~ eqwl b 1/12 of the a~nnval coat of the fdbw-
irg:
i
A-/UI rNl property taxes Iwied or auessed ag~inat tAe above deacribed real estate.
6-Prert~iums on fin and windsrorm inwrarKe as herein requ:red to bt urried on tM improvernents sitwft a~ the above d~icribed pemises.
~ t-PrarNU~a on sttdi mwtgsge pvuintp inwr~nce a mortgage~ shsll irom Ym~e to tirne de~m fn to csrry on the loar? ~ecwed hersby.
N1oAyage~ sl+all from time to time notify mo?tgspor ;n writirg of th~ amount due and p~y~ble hereunder snd such sum shall there~pon be d~e and
PaY~bl~ oa.th~ dw d~» of tUe ~e~n monthlY WY~~t and each successiw mo~th thereafter until morpa~ ~hatl notify mwt9agw of a
smount. Sucl~ sums slull be applied by mortp~yee towsrd the paym~nt of nal property taxes, inWxsnu pem:wrs, ~nd mwt
Pr~rniiwea. 9+~ 9~~b irowance
IN WITNESS WNlREOf, the s~id MORTGAGOit has hereumo m his hand ~nd seal fhe diy and yra? Putt afa~aid.
Sip~r~, S~sl d d.! rd jn fM pr~a~oe of~
;
4 ~
n
' ~
n
re_'h j
t
STATE ~OF FLORIDA ~ i
counmr oF 3 t. Luci e ~
a.+~ ~.,.a,.ih,~...a ~ Llovd Tavlor ~
c~ oti lde F. Tavlor ~ ~ ~ ~i ~ ~ a ~ ~ ~ ~
ths h+dividwb daaibsd h and who ~x~wted tM forpoinp instnwnant, and ~cknowledped b~fon ms that N~ey sx~cvted the ssm~ (w tl» pwpo~a t
.~+...d. Ma ~...:a _ Clat3lde`F. Te~•??nr ~
,~te ot ~ Lloyd Taylor ~ ~~~t~ ~d ~~ti
exrnin+tion by nw aken ap~rab and apart fran her a~id Iwsb+nd. +dnwvvl~dped b~nd befon m~ thst sh~ ~seout~d said irotr~rt~em fretly ard volu~
~arily and wdhout +n0~ oompu~sion. oo~straint. +PiK~+a~+on.~ fear of or f?an Mr s+id lw~band. ,
wm~ss mr ~a «~a ~ .w ~o „a.,? ~ dune ~ p. ,v 66
. : ~ ~ f
ry Pvbtk in and for the StaN of fior' at lary~
. . . . . . fa Mr Comm~ssan ~xqres. ~ ~i(o O
~.~sil.n4'sav~i~~~j toan ~f~ Np R~~ Nolary PuYrc. State ~i~ri:{a /
• MY Ccmm ~sior~ ~ ~_ar= ~
~a'~;~ f~ C,IE COU Ep xande~ t~'' E..r'~~_ 1i3n..: ta~
rFa?! ~~ys: .Florld~s L p vERIFI Y Amari::;.n ~ur~ty i:o. a~ r. tr.
. _ - ~ * ~ " ' _ ;z -'RE R ` [t
. - ~ , ~'i ' ~ ~ i = ir
~ ! ~ ~ t
; - : - ~ N 2 . 3 ~
<r;:. ~ u _ 2G P . .
. . -
F:. •
;,~`C. ~:.f ~ ~
~ CLERK CtRCU1T COURT
600K~48 419 ~
f" l~ . , ,
F~,~, - - ~ ~ . ~1~
~ ~ a - - _ - _
~ ,
~ ~~p' ~ ~ _
,
~