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S. To plaa and conti~wouslp kc~p on tM bvildi~ now o? Mr~~ft~? u~u~t~ on said iand ~e+d on all pvipnent and pKia+aily covK~d by tl?h ~p~
+p~, with ~b p~miwA ~F?K~on paid in fvll, f~n insu~anc~ i~ ~1v wwl fanda~d policy fonn, ~n • sum ~pprowd by tM MORTGACaEE. ~nd windstam :
irawana M tM wual ~tu~dsrd policy f«n~, in • wm approwd by ~M MOATGAGEE; in such ~canp~ny a ca~y~ani~s a th~ MORTGAGEE m+y
dinery ~nd ~11 !in M+d ~ wL+d~~ inwra~+a poiiei~s on ~ny of s~id bulldinp*, ~ey ieMnit tF~~in w put tMnoi, in Ih~ a~prp~t~ wee ~torhaid or i
b~xaas tlwrof, ~MII tonain tM wwl uandud monp~ d+us~ w such othN da~ ~s 1M Nb?t9+9~ ^~+Y n4~ir~. makfrp tF~ loa undN uid po14 i
dw ~+ch and ~w?Y. WY+b1~ b ssid MORit's/IGEE as its 1ntt~eit maY +PPM~. and ~sch and ~vay wch polity ~MII be ptomptly ats:pMd ~nd d~livK~d to
~ny MW by uW MORTGI?GEE a funha Ncv~ity ro aid matp+p~ debt. aed, nW I~ss tlw~ ten (10) d+y~ in advu~n of tM ~xpiratan of ~ad~ policy. ro dr
liwr to uid NWRTGJ?GEE ~ r~wsl tM.wf, top~~F~u wi~h • nuipt for rlw prsmiwn of wch .aww~y ~nd ~h~n ~Aall b~ oo fv~ a windslan? inw~~
plaad on a~r of ~aW b~iWinps„ u~r Inta~tt tMnin or put tMrwf, unl~~s in th~ fam'a+d wi~h ~M loss p~y~bk +s af«~saidj and in rM ~v~nt any wm ~
of ~ewn~y b~con~ par~bN ~nd~~ weh policy or policip said MORTGAGFE shall Mw tM option ro reaiw aod apply tM s+mt on ~ao~?nt o1 tM indsbted~ i
n~ sKw~d hK~by or ~o pi~rr~it aaid MORTGAGORS ro«uiw aed w~ it a ~ny put tha~eof fa other purposea, wi~hout Ihe~eb~ w~ivi~y a~mpair•
~np «,r .qu~ry. li~n a ripht wida or by vir~w of this matpapr, ~+d in tiK ~veot t~id MORTGAGORS shail (or any ~Nwn fail 1o kt~p 1M said pr~mises so
imwed. a f~ii w d~liw? pramptly any of wid polici~s of insunnu ro uid MORTGAGEE, w f,?~ Pro~,~ry w Pay fidy anr pr~mivm tMnfor or M~ny
r~~c1 htl b pMfo~n1, disd~u~e. ~a~cuh. ~ff~t compleN. eamply with wd ~bid~ by this cowoant, o~ ~ny pan Mrwf, s+id MORTGAGEE m~y plics ~nd
pay for s~eh Yuwant~ or ae~y part tMnof witl~ovt w~Nirg or ~ff~ctinp any oplion, ti~n, puity, or riphr under or by vi~tw of tF~is Mortyap~. u~d tM
~
iutt arnow~t of each and ewry wch payn~t ihali b~ imined'at~ly dw snd p~yabl~ and sh+ll bw int~r~st from th~ dat~ tMroof until paid M tl» rab ol ~
nin~ pK oa~tum p~r ~nrwm a~d toydha with weA inr~rat shatl b~e ~etw~d by tM IiM of thia mortp~.
4. To pumit. ooew~dt ot wffp no wasi~, Impakment or d~tKior~tion of s~Yd propKry a~ny put tMfwf.
S. To pay ~ll M+d sinpular fiM~cwts chupq ~nd sxpe~s~s. inchxlinp a reasonabl~ ~ttornty'i fe~ and cosh of absn+cts of titl~, incvn~d w p~id at
~ny tkn~ by said MORTGAGEE, ba+uN or in th~ ~wnt of th~ failun on Hw paM of tM uid MORTGAGOR w duy. prompty +nd fvlly perform, diichuya
~xacvt~, tffsd. aon+pl~t~. aomply with and abid~ b~r ~ach ~nd ~wry tM stipul~tiaa, ~reements. conditiaa, uid oownanb of s~id promi:wry not~ and ~hu
mortyap~ +nY w~itlw~, x+d said aos?s. ofiapa and ~xp~nes, ~ad~ and ~very, shall be immedi~tely dw and p~y~blt: whetF~ w not tM« b~ eatioi d~
m~rd, ~~~mp~ to colbct or wh p~ndnp; and tM full anwu~t of ~ach and w~ryr wch paym~nt ah~ll b~s. interest from tM dat~ thtrwf until p~id ~t th~
rat~ of nim per oenwen p~ an~wny u~d all uW cbst~ cha~~es and expenses incwr~d a piid, toQ~tha with wch inbmt, shal) b~ s~cw~d by 1M liu~ of tiw
~q~
b. 17wt in tM ~wnt of s~r hrsad~ of this Mwty~ or defwlt on th~ part of the MORTGAGOR, or (b) in the wa+t u~y of s~~d wms of ma+~y ~
Mnln hf~ned ro b~ not promptly ud ivlly psid within thirty (3p) days oext aher the same severally becane dve and piyable, without derrwnd a notice.
ar W in th~ everlt ead~ an~! *wry tM stipulations ~y~e~nta, co~ditions and coven~nq of sa~d promiuory note and this mort~~ ~ny a a1hN u~ nol
iuly, pramptlp and fulh p~rformed, d~scM~ped, sxecvted, ~ff"tded. compl~ted, complied with artd abided by. then in either a any iuch event tlN aaid ap~
pr~pN wm maetiaMd i~ s~id promistory not~ then ?«ruininQ w~id, with intertst xwwd, and ~II moneys secvred htreby. shd) beconw dw and p~p
ablt iwthwitA, or tlwr~aha, at IM optan of s+id MORTGAGEE, u fully ~nd compk~ely aa if stl oi the s~id wms of mawr wero wqinally stipul~ted
to b~ paid on wch d~r. ~nytl3ny in said promissay note w in this Mwtqaye ro the contrary notwithsundinp; ar~d thereupon or thereahe~ r~ tM op~io~ of
uid MORTGAGEE, withou~ notice or demand, wil at lawr w ie equity, therefore or thereafter be9un, may be prosecuted as if all ma~eya ~cvnd her~by
had m~1w~d prqr ro ib Gutilution.
7. That in tlw went that at the b~yinnkg of or st ~ny time pending ~oy wit upon this Mw~giy~ ~oY ~o-foAeil~ ~,~i`ro m(orm it a to enforp
piy+ne+zf of a~y claims hereunder, said MORTGAGEE shall apply to the Co~rt h~ving jurisdiction thereof fa~ the +ppwntmEnt of ~~Rdcelver. such Cou~t shsll
fortliwitA ~ppoint a reuiwr of said mongayed property all ~nd sirgulu, includu+g all snd singular the incnme, profib, issues and reveoues irom whatever
w~ct dKiwd. Nch and every of whith, it beirp ~xpresaly v~ders~ood, is hereby mor~gaged u if apecifiuly s!t forth m+d described in rhs 9r~ntiny and
F+~bsnd~im cla~qq h~+eof, and such Reteiver shall haw all the bro~d and effecrive functions a~d powen in ~nyw~se entnrsted by a Coun to a Aeceiver, ~nd
tuth ~ppointmeriY shall be madt by w~h Ceurt as an ~c(mitted equity ind ~ m~tter of abwlute ripht to pid MORIGAGEE, ~nd without r*ferente to ths
•dequacy or inadepvacy of rM v~lue of the p.operty mw~g,9ed or to ~he wnrcncy a insolveecy oi said MORTGAGOR or rhe defendants, and ~hat tuch
renn, profits, i~can~, isiues and ~~venvts sfiilt be appli~d by iuch Receivel ucordin9 to Ihe lien w equiry of said MORTGAGfE and tM practiu of wch '
Court.
8. To duly. promptly and fulty parform, discharge, execute. effect. compkte, con?ply with snd abids by each and every tF~e stipulatiam, sgreemenn.
condtioro ~nd coven.n~s in said promissory not~ and this mortgsge set forth.
9. That in ths went tM ownership of the mortgsyed premaes, o~ amr part thereof, becomes vested in • penon other than the MORTGAGOR, th~
MORTGAGFE, hs succeison snd auipra, may, withow notice to the MORTGAOR. deal wi~h such successor a succeuw in interesl with reference to this
mafyap~ aad the deW hetcby setw~d in the sam~ manner u with 1Nortgapw without in u+y way vitP~tiny or dischar~ing the Mwty~gws' Ii~bility her~.
under or vpon the debt hereby secured. No sak of rhe Fremaes hereby mortyag~d and no fabearince on the p~n ef ths MORiGAGEE or its wccessors
w auig~s and no extenian of the time fa the payment oi the debt hsreby secvred ~iven by ths NtORTGAGEE w ita successon or assi9ns, ~hall operat~
ro nlesst, discharpe, modify change w affect th~ original liability of the MORiGAGOR hsrein, ~ithe~ in whole or in put. i
10. It is specific~lly agreed that time is of the euence of this eontracr and that no w~iwr of a+~y obt;gatan herevnder or of tM abiiyation se-
cund hereby ahall ~t ury time there~hK be heW to be a waiver of the terms hereof w of th~ irutr~rment secured herby.
11. In addition to the forego:rg monrhly payments of princ'p~l and inre.esf required by the promissory note secured hereby, mortpagor covenanq
and ~grees to psy to mortysgee with eatl+ mo~thfy payment an sddi~ionsl sum estimated by mort~agee to be equal to 1/)2 of the annual cost of the fdlow-
ins:
A-All real property ta~ces kried p asscsscd agsinst the sbove dew~bed real estate.
B-Premiuro on fire and wir+dstorm iiuurance as herei~ ~equ:red to be urried on the improvements sitwte on the ~bove desuibed premises.
C-P~emiums on s4ch mort9age 9wr~nty insurance as mortg~gee shalt irom t~me ro ti~ne deem fit to tarry oe~ the loan tecu?ed hereby. ;
Mortyagee shal! f.oen t7me to time•notify mongapor in wriKng of the smo~nt dve and payabk hereunder ~nd such wm shsll thereupon be due and
payabls on the due date of the next monthly payment and each successiw mo~fh tF+ereafte~ vntil mwtqspee sh~ll ootify mortgsgor of a change in such
amount. Such wms shall be applied by mwt9syee towud the paymenr of real p~operty taxes, ir~w?a.~ce pem:wns. ~nd mortgs~e gvar~nty insurance
Premiums.
IN WITNESS WHEREOF, the ~id MORTGAGOR has hereuntp set his hand snd seal the day ~nd year ~nt aioresaid.
bnd. S~al~d n deliw ed in th~• pres~nce of:
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STATE OF FLORtDA ~ ~
courmr oF S t. Lu c i e ' '
e.~«. m. ~,uy,p,P.,.~a Lloyd Taylor
C lotilde F. Taylor his wife, ~~,~is ~„~a ~ w~~o e.
i tM ind'nidwb dac.ibed in and wha exscuted the foreyo~ irotrvment, ~nd acknowledped befue me that they executed ths same for tFw pwpose~ i
rhe..r, .xp,.,..a. nnd N,..,;~ G lo t i l de F. Tay lor
~ rvif~ 01 tM wid - T,1 O.y d T e Y 1 o r upon a sep~wte and priv~t~
ii exsminstion by me ta4en sepum ~nd ~psrt from her said husband. ~cknovvtedged to ~nd befae me tF+at she euca»ed ssid instrwnent freely and volvr?~
~ t~rily and w~tho~A arqr oompulsan, cantraint, apprehensan~or feu of or from Mr ~aid Iwsband. ;
j WITNESS my hand and official wal t~ 36 dap of June , A, D. 19 66 ~
~
Notary PuWic in ~d for the State of F~orid~/~ af larpe ~
Rfhxn~r~ Mr Cornmis,an sxpires: 3!~al,`Q .
F~s? f~cal~6~p~ i lwn Ass«iatao Notary Pub(ic, State of Florida ai Lar(~e
. ~~~Y ~om:niss'on rxp'res PAarch 18, 1968
W:f,bn 'Pie.ce. Soncted By American Su:tty Co. of N. Y.
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• '•Pfepx. Hor:da
~ C~~_.•,~,~.~
= ~ FII.ED AND RECOFtDED
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~ ^ ; • - :ST. LUCIF COUNTY. FIA.
_ - .t~=o •t = RECOR~J V~RIFt
~ ~ ~ = f:='`Ca.f = " _
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~~1 ~ itU'v`t• ti i'0{T r R?5
CLERK CIRCUIT COURT
~ ~ aooK 150 370 : -
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