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1. To plac~ ~nd conlinuously k~ep on the buitdinps now a Fw~+ftK sitwt~ on said land snd on ~11 puipnMM u~d pKw~+1~Y covK~d bY lhis nwrp~
p~, with •II pr~mi~ms th~reon p~id in full, fire insvranc~ in tM ~w~l sund~rd policy form, in a swn ~pprov~d bll tM MORTGAGEE. a~d wkd~lorn~
insuranc~ in tlw ~swl tr~ndard pol~q fam, i~ + ium approv~d by tFw MORTGIIGEE, in wch canp~nY o~ aompan~N a tM MORTCsAriEE~ inay
diractj and all fir~ and windsrorm inwrae?c~ policies on anY Of MifJ b1?Il~f. My IfltffNt tlNftli~ Of piH fINtWI, in tiw +ppn9+~~ +v~^ ~f~~++b a
In ~xcess 1her~of. sMll conain ?h~ uswl stsndud ma~gage~ claus~ or iud+ aM~ clww ~s d» Map+~ m+y ~p~?in ^?+Alnp tM loss wdK ~+id Pdi'
cia, tsch ~nd eve~y. paYabl~ w said MORTGAGEE u its in~erat may app~a~. a~d s+ch and ~wry ivch Pc~icY ~h+ll b~ p~amptly ~ss:pn~d ~nd dtliwnd 10
•ny Mld by said MORiGAGEE ai fur~hs? iecu~ity to uid mort~+~ debt, and, not Icu tl»n ten l10) dalri in +dv+eu of tM ~xpiration of ~ach policy. w dr
Gver ro s+id MORTGAGEE a ~enewsl tMreof, to~e~Mr with • renipt for the pr~miwn of iuch r~n~w~l= ~nd ~Mn ~l++II b~ no f'u~ a wird~tam inswanu
placed on any of said build~*~o; any intereit tlwrein or part theraof, unleu in ~M form u+d with 1M loss p+yabb a+tons+Idr +nd M~ tlw ~v~^t ~^Y aw* ~
of nwn~y becomts p~yabb undu wch policy w policies said MORTGAGEE sMll I+~w ~M optan ro nc~iw uid ~pply tM san?~ on +cca+M of tht ind~btd~ j
neu ~cured hertby w 1o pxmit s~id MORTGAGORS to rateiw snd uk it or +ny part tiK~eof fo~ other pwpotts. withoul the~ebl waivin~ w anp~k- f
iry sny equiry. ~ien or right uede~ w by virtue of this mo:tyaye; ud ie tIN ~vent s~~d MORT(iAGORS shall fa ~ny nason fsil to ks~p th~ s~id pr~nis~s w ~
insu~ed. a fail to daliver promp~ly ~ny of said policies of in~wanc~ ro said MORTGAGEE. w f~il promptly to paY fvlly ~~y pr~iwn tMreta a in ~nr ~
respect fail to pe~fam, d~uhargs, execut~, effect, compl~h, comply with ~nd abid~ by this aovtnant, or «+y P+h Mnof, s~id MORTGAGEE nwy pl~a ~nd ~
pey fw such inwrancs or ~ny put thereof without w~ivinp or ~ff~ttinp u+y oprion, li~n, p~iry, or rpht undM o? by viHw of this Morlpp~. ~nd tht ~
full amount of ~ach a~d wery wch p+yment shall be immediatety dw and payabb aad tMll bsar intKttt fran tIN d~q tl+Kwf un~il paid tl th~ r~h of ~
n~ne per centum pet ~nnum and together with such intcrest shalt iir secvred by fM lien of tF~is nwrtp+p~.
4. To p~rmit, canmit or suffsr no waste, impairment or deteriowtion of said property a ~MI P+A tl~pf•
S. To pay ~II and ungvi~r the coan, charges and expens~s, includinp ~ reawn~bl~ ~ttw~ey i fe~ ~nd co~ri of ~bsh~eta of Htl~, inwn~d a p~id at ~
any time by said MORTGAGEE, because a i~ the ~va?t of the failw~ an ths p~rt of tM s~id MORTGAGOR to dulY. promptly and ivlly p~rforn?, di~drtpR f
execute, effect, ccmplete, comply with and eb;de by exh and every the stipula~~ons, ayreemen~s, conditioro. •nd aownann of ~.id praniawry ~oh +nd thq i
mortgpe ~ny or ei~her, and said cosn, cMrges and expenses, esch and every. ~h+ll be imnediately due u~d pay~bbt wMtM~ or not tA~~ b~ ^otip d?
mand. attempt to colkct or suit pe~d~ng; uid the full amount of esch ~nd evKy wch p+Yment shall bear int~r„t from IM d+t~ tM?~of vn81 p~td N tM
rate of nine pe? centum per an~wm; and all said costs, charges ~nd expenses intw?ed or pa7d. toWths~ with wth (ntanst. ~hall b~ Ncund by 1M IiM~ Of thA
mortyay~.
6. That (s) in the event of any breach of this Mwtga9e w def~ult o~ tlr paA of the AhORTGAGOR, o? (b) in tM ~wM anY of N'd ~wm of m~Y
herein referrad to be not promptly and fully psid within thirty (30) d~ys nex~ aftef ~he sun~ sever+lly b~cam dw a+d P+Y~bb~ wUha+1 d~^n^d a notia~
or (c) tn the ewnt exh and every the stipulations. ~greemenn, cond~tia,s and coven~nn of ss~d promiuory rwt~ ~+d th~s rnorqaQ~ ~ny a~itMr ~n no1
iuly, p?omptly and fully performed, dwcharged. exetuted. ~ffected, compl~ted. canpliad with a~d abided dlr. tlw~? ie ~i1Fwr a? ~ny +ud~ twM 1M s+id aQ'
gregate wm rn~mioned in said promiuay note then ~emaining u~paid. with inter~st acvued, uid all ma~ey~ wtund. Mr~by, sMll b~oom~ dw and p+Y'
ab~e forthwith, a thereafter, at the option of said MORTGAGEE, u fully snd completely ai if sll of tM s+id sun~s of mon~y wtn aqinNly ~tipulaNd
ro be pa;d on such day, anything in sa;d promiuory note w in this Nlwtya~e ro the contrary notwitiutandiep; and tlwrwpoe or thKeahN ~t tM option of
se~d MORTGAGEE, without notKe or demand, suit at law or in equity, thereforo or thereafia bp~A, m+r b~ prowa+t~d M If a~~ mo~tY~ ~p~r~d Mt~b~r
had matwed pnOr to its iMtitution.
TMt in the event that at the beginnirg of or st any time paxli~+g any suit vpon tl~is Al~ortpay~, or to fOhtloh M, or to nfonn It, or fo Mfotq ~
paymer?t of any claims hereunder, said MORTGA('sEE shall apply to the Court Mving jurisdiction fherwf fw tM appointm~nt of ~ R~tdvN. wd~ Ca+A sl+~~~ ±
Forthwith appoint a receive~ of ui~ mortgsged property aIl ~nd sinpul~r, includmy all and singul~ tM inton», p?ofifs, issue~ ud nwnvM frpn wMtwN ~
source derived, each and every of which, it beinp expressly understood, is F+e?eby mortgaged u if ap~tifiully ~et fath and d~wib~d In N+i ~?+e~L+p ~nd ~
habendum clauses hereof, and wch Receiver shall have all the bo+d and effcctive funct~ons and powtrs in u?ywis~ ~mrust~d bY • Cow1 M a R~uiwr, ~nd
s~ch appointment shall be made by such Coult ~t an admitted equity and ~ rmner of absolutt ripht ro wid MORTGAGEE, ~nd witAo~t nrtKMt1 1o fh~
edequacy a insdeqwcy of the value o4 ~he property mortgayed or to the sohrency or insolvency of ~aid MORTGAGOR a tM dtf~ndantt, a~d that ~uch
ren+s, profiri, income, iu~es and ~evenues shall be applied by s~ch Receiver attordinp to tM lien or puiry of said MORTGAGEE and tM prattiq of wth
Court.
8. To d~ly, promPtly and fully perfwm, dixharge, execute, effect, eomplet~, complY with snd abitM by Nth and wKy fM atiPulationM ~Dt~^N^ta.
conditans and covenanta in said promissory oote and this mortgage set forth. ~ - ~
9. TFy~t in the event the ownership of the mwtgaped prt*niscs, o? ariy psrf thereof, becanes wst~d in a pKwn ofher tMn fh~ MORTGAGOR. tlr 1
MORTGAGEB, its successors and aui9ro, may, w~thout notice to the MORTGAOR, deal with tvch suw~~ ot wa~s~or in int~rat whh MfNN1t~ t0 t~1iq 4t
mortgsye and the debt hereby secured io the ssme mann~r u with Mortgsgw without in ~ey way vitiatinp o~ distliu~wg th~ Mortyapots' liability htr? ~
under or upon the debt hereby secured. No sale of ~he premises hereby mortgaged +nd no fwb~arano~ on th~ put of tM MORTCaAGEE or in wassson
or assigm snd no extension of ehe time for the payment of the dcbt hereby secvred y~ven by rhe MORTGACaEE w iri sucuswn o? atipro. ~ha~~ op~t+t~ ~
to release, distharge, modify change d affect the original liability of the MORTGAGOR herein, either in wlwb or in put.
10. It is speci~ically agreed ~hat time is of the essence of this contract and thst no w~iwr of any obli~ation Mrwnder or of th~ obllp~tion ~
cured hereby shall at any time thereafter be heW to be a waive? of the ternu hereof or of the instrument secund Mrby.
11. In add~tion to the forcgo:ng monthly payments of princ'pal and inte?est required by the promiswry noM secwed Aereby, mort9~or oownaMs
ard agrees to pay to mortgagee with each monthly payment sn addirional sum est~mated by mortg~pee fo b~ pua) f0 1~12 of tM ~nnual tost Of th~ f01{ow- '
ing:
A-All real property taxes levied or assessed against the above dewibed real estate.
B-Premiums on fire and windstorm insurance as herein requ:red to be carried on the improvem~~ri sitwfe on th~ abov~ describld ptMniNS.
C-Premiums on such mortgage guaranty insu~ar~ce as matgagee shsll from time to time deem fN fo urrr oe ihe ban sKUr~d h~t~by.
Mwtgagee shall from time to time rtotify mortgagor in writing of the amount due and payabk hereundet ~nd tuch sum shall thKwpon b~ dw ~nd
i Fayable on ti~e due date of the next monthty payment and each succasive month thereafter until mortqsgee sMll notify mortgsgor of ~ cMnp~ in tuth
` amount. Such sums shall be applied by mortgagee toward the payn+ent of real proptrty tsxes, inwranc~ pran:wns, ~nd morlp~p~ ~u~nnty Wur~nc~
premivms. '
IN WITNESS W/HEREOF, the said MORTGAGOR has hereunto set his hand and xd the day and yeu fi aforpald. r
Siyned, Seakd snd li ed in t esence of:
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STATE OF FLORIDA ~
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couNrr pF St. Lucie ~
Before me pcrsonally appeared Lloyd Taylor ~nd ~
Cloti~ de F. Taylor to me well knawn :nd known to me to b~ (
rhe i~vidwls described in and who executed the foregoirg iintrument, and adcnowledged befwe m~ that thty exscuted the same fw the pwpwes
theroin expessed. And the aid CilOti~~B_:~: Taplor
W;Fe of tF?e sa;d L14yd Tayl02+ ~ - upon • sep+~~te «d pri~?a»
examinsYwn by me takm separate and apart from her said husband, ack?wwledged ~o and beforo m~ that she e:eMad said imtnm~ent'h~ely and vol~n-
tarily and witl?oul any compulsion, constraint, apprehensi~or fesr of or.from her said twsband.
WITNE55 my FWnd and officisi seal this 2 3 day of Sep tember A. D. 19~
~ ~A ~ -
. ary Public in ad for th~ State of Florida at lar~t
_ ~ . . My C°nr^'at'°^ ~xqnss -
Ren?m Ta; Notary Pub'~c, Si :!2 of F!orida at larp,e
Fint Fedar~if''3ay'xi'y~"At•ipsn Ass«iation My Co~'tm'ss~o ;~x ; r,s :ie:cn 13. 1908
~ # ~ Bonded Eiy 1L~:~, ::,n ,.,.:~_y Co. of N. Y.
`~'r ti;• ~o . F~_ P%e~r~,. FILED ANG RECORDEO
~ ~~e:t P~u. ~~+da , $T. IUCI ?
. ~ :'~.1;~~_ ' E COUNTYr FL/i~
- ~ - L ' ' RECORO VERIFIED
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' ~ ROGcR POtTRi4S ~
CLERK CIRCUIT COURT
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~ ` BOOK,~~ , !
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