HomeMy WebLinkAbout1641 To ptaa ~nd contiewously kkp on th~ buildi~ now a ha~~fi~r ~itv~» on s+id I~nd ~nd o~ ~II pu{pn~nt ~nd pa~w?~Ily cov~d by thia e?on~
with ~U premiwns ~her~on pa~d in fvll. fi~~ infu~anc~ io IM uw~t s~andud policy fonn, M~ swn approwd by tM MORiGAGEE, ~nd wind~torm
iruwa~ in th~ v~wl s~andud pol~cy fwm, in a sum spprov~d by ~M MORTGAGEE, in wcA canpany a canpania a th~ lNORTGAGEE ~y
dHedt ~nd ~11 f'u~ and windsronn inwrana polic;es on ~ny of N~d bVildin0i, ~ny &1qfMt tlMrtiA Of pirt tA~r~01, in tht p~p~t~ wm ~forp~id or
in ~xc~s~ tMnof, aMll conqin ~M wual srand+rd mongage~ tlws~ w such otiw~ daw~ a IM MorppN eMy nquin. maAinp th~ lou wKbr ~aid pol1~
ues. ~ach u~d ~v~ry. o~rabl. ro said 1NORTGAGEE a~ iti inte?est may appear, u~d •ad~ and .w.y s~,ch Po1icY ~11 b~ p.anP~h aas:9n~d and d•liwr.d w
+ny h~ld by sacd MORTGAGEE u(unFwr usurity to said mo?~ys9t debt, u+d, ~wt I~ss t!?~n bn (10) days in advar~a of ~M expU~tion of ~ach policy, w d~.
live~ fp said MpTtTGAGEE a re~ewal tMreof. topethN witA a recapt fo~ tM pr«niwn o~ wch r~riewalt and tMr~ ~hall bt no fK~ w w'u~dstan~ imwa++a
p~ac+d on any of ~id buitdirgs, ~ny inte?est th~r~in o~ pan thereof, uoleu i~ tF» fo?m ~d with tM bu payab4 +s ~tonwid: u+d In tM ~wnt ~r~y wm
ot mo++~y b~co+n~i paysoi~ w,a~+ sucR y~Rrt ar sa~ !4!C~!t?~cEE ~u Mw tM optio~ ro ~eaiw ud ~ppty tM wn~ an accov~t oi th~ ind~b»d-
neu acured he~~bp a ~o permit said AApRTGAGORS to receiw u~d us~ N or any part th~reoi tw oti+e~ quposp. wi~hout ~h..•b~ waivinp a imp~k-
~r+g a~y p~iry, tien a riqht unde? a by virtv~ of tAis mortpsye: ~nd in ~M •wm s•id MORTGAGORS ~A+II fa w+y n~wn f~il ro k~ep ~M uid pr.mi~s a
insured. w fail 1o deliver promptly ~ny of said poticiet of inwrsna to ~a+d AAORTGAGFE, a fail promptly to p~Y f~lly ~ny pr~mivm tharfa w in any
respecl fail b putani, dixhuge. ~xecut~. ~ffecl. complN~. comply with u~d abids by this aoveau?t, or ~ny part hK~of. qld MORTGAGEE m+y pl~ and
P+r fo? wc1~ inswant~ a a~+y part thereof without waivirg o? affacHnp any option, tiab eqviy. or ripAt u~d~r a by vlrtw oi tNs Matp+p~, and tM
t~N amovet of ~ach and ~v~.y such payment shrll D~ immediatey du~ and p+yabl~ and sMll beu inhrht fran tM dat~ thuwf w?tll p~W at tM ~a~ of
n~ne per centum pK annum ~nd together with wch in~e~est ~hsll be ~ecured by th~ 1'wn of this morrp~.
1. To permtt, eommit or wffar no wut~, impairment o~ deteiaration of said propKty o~ any put tMrwf.
5. To pay all and s&pular tM costs, cAargea snd expe~sa, incl~?Ji~p s n~son~bb a»onky's fe~ and co~t~ of ab»acq of Htl~, inewr~d o~ p~id at
eny fims by aaid MORTGJ?GEE, btauss w in the ~vent of the failw~ on th~ p~rf of tF» s~id MORiGACsOR to duly, promP~H •~d iv~y pKtor~n, dacha~
e:ecure, ~ftea, compkte, comply with u?d ab:de by each ~nd every the stipublions, prsements, conditiau, •nd eow~»nn of ~a~d promiswry raa and rhu
mwrgap~ any or eirher. ~nd said costs, charQes and eapenses, each and svery, sh+ll b~ ieunediat~ly dw ~nd pay~bl~i wMth~? w not tMre ~e notic~ d~
mend, attempt to oollett p wit pe~din9J sod tht full amount of sath a~d ~
rate of nirn ~~'Y such WYment sMll bea? inttr~at from tM dat~ tMnof unNl paW at tM ~
per centum per aruwm; ~nd alI siid costs, cF»ryes ~nd expe~ses incwred or paid, top~ther with wcA H+ta~st, ahall b~ saw~d bp tM li~n of thi~
mortp~Qe. . ~
6. That in the event of any breach of this MatgsQe o? defsult on tFr p~~t of tM MORTGAGOR, o~ (b) i~ th~ w~nt ~ny of said swns of mon~y
herein referred to be not promptly snd fully psid within thirty (30) days next after the same severatty b~com~ dw ~nd paYaW~ without d~mand or notip
or (c) ~n tl» svent each ind every ~he stip~tations, ag?eements, conditia+s u~d coven~nb of sa+d promiswry not~ and th~~ matpp~ ~ny a NNNr ~n ~w1
iuly, prompty and fully performed, d~schuged, execvted, effecfad, compbted, complisd with and ~b~led by, flwn in ~itMf or ~ny wd~ rwnt NN ssid ~
gregafe wm mtnrio~d in said promissory rqre then remaininQ urtpaid. w;th inrereat Kuved, and all nwn~yf sKw~d. h~r~bY. slyll beooeM dW ~~d pap
abte fwthwith, o~ rF~e~ifa, at ~he oprion of said 1NORTGAGEE, u fully and comptetely ~s if NI of tM a~id aun~a of rtae~y w~n aipfnally stipulat~d
to be pa7d on such day. anythinp in said prom~uory note or in this Mortgs9e ro th~ oonrrary notwitMqndinp: and th~r~upa~ o~ th~?~af»r ~t tM option of
said MORTGAGEE, without notic~ w demand, s~it at law or in eqviry, 1F1ltlfOf~ Of 1AlfNNlt b~~n„ may b~ proNeut~d q 1f ~II nqeNy~ Nwnd Iwnby
had m~tured prqr lo its institution.
7. That in the evero thst at the beginning of or st any tune peoding any wit upoo this lY{ortpa~, a to tprtlat~ !f, ot to nfwen N, o? fo ~nfo?p
paymcv~t of sny d~ims herevnder, said MORTGAGEE shall appiy to the tow~ having jurisdk~an thsrsa! fo? th~ ~ppoi~tm~nt of a RacdvN, wch Caxt sh~ll
for~hwith appoint s receiver of sai~ mort9aged propertY all a~d sirg~lu, iixlud~rq all snd singular 1F+~ incom~, profit~„ iuuN a~d nwnu~~ from what~vK
source de~ived, esch and every o wh~ch, it beirg txp?essly vnde.srood. is hereby mortgsged as if ~p~c~fically sN forth ~~d dacrib~d In thi pqntinp and
habendum dausei hereof, snd such Receiver shall have ~II the brosd ~r+d effective funct~a+s and pow~rs in ~nywiw Mtruaed by a Cowt 1p a R~qiwr. ~rid
s~ch appoi~tment shall be rrWde by such Court as an admitted eq~ity and a m~tta of absolut~ right ro qid AAORIGAGE~ and witho~+t nf~r~nt~ 2o IM
edequscy or iosdequ~cy of the value of thc property mortgaged or to the wNency a insolvency of ~id MORTGAGOR a tM d.f~ndann, and tMt s~th
rems, profin, income, iuues and revcnues shall be applied by such Receiver ~ccordinp to tM lie~ or puity of Nid MORTGAGfE and tM pradia of wd~
Court.
8. To duly, pronspHy and fully perform, d'~schsrge, execute, effect, cwnpkte, oomply with and abid~ by ~+ch ~nd ~wry th~ atipulatiorq prNrtwnta,
co~ditaro and coven~nts in ssid promissory note a~d ~his mo~t9sge set forth. ' .
9. TMf i~ the event ~ne ownership of the mort9+yed P?emaes. or ariy part thereof, beoanes wst~d ie a pKSOn oth~r th~n Nw MORTGA~'aOR. th~
MORTGAGEf, in successon aod su:gro, may, wiihouf noficc to the 1NORTGAOR, deal with i~cF~ svct~t~ or wa~twr in intaqt with nfenna to thh
matga~e and the debt hercby secured in the same man~er as with Mortgsgo~ without in ~y way vitiatirg or ~charpinp th~ Mort~por~' li~bflity Ikr~
under w upa? the debt hereby secured. Ivo sate oi the Fremixs hereby mortgagetl and no forb~aanps on tFK pa» of th~ MORTCsAGEE a iri tutte~wn
or assig~s ar+d no extension of the time fw the payment of the debt hereby secured qiven by the MORTGAGEE w ih ~vcpawrs or ariipns, slw11 op~r~t~
to rdease, dixhs~ye, modify charge a affect the origina) Iiab~lity of the MORTGAGOR h~rein, either in whol~ or tn parL
10. It is apecifically agreed that time is of the eucnce of this cont~act a:~d that no w~Fwr of arty oblipation hNtynder o~ of th~ pbllpat(pn p.
cured hereby sh+ll at any time thereaher be held to be a waiver of the terms hereof w of tM instrwn~nt acw~d h~rby.
° 11. In add~ta~ to the faego:ng monthly psymrnts of princ:pal and inte~est required by the promistory note sscvred hereby, motfyayor oownanb
and agrees to pay ta mortgagee with each monthly payment an sdd~rionst sum est~mated by mortgapee to bt ~qud to 1~1~ of the annva! tost of f1» fdlow-
ing:
A-AU real property taxes kvied or assessed against the above ckwibed real esbte.
B-Premiums on fire and windstorm insurarce as herein requ~red to be urried on the improvem~nn sitwte on tM ~bov~ describ~d pnenis~s.
C-Premiums on such morfgage guaranty irsurar~ce as mwtgsge~ shatl from t~me ro tirt?e deem Nt ro t~try on tht loan MCUred A~reby.
AAortgagee shall trom time to time notify moitgagor in w?iting of the amount due and pay~ble Mre~ndet a~d suth Wm shall thtrwpon b~ du~ and
payable on the due date of the next monthly payment and each successive month thereafter until mptyapee aM11 notify mortgsgpr of • thsnp~ In wth
amovnt. Such sums shall be applied by mortgagee toward the payment of real property tsxes, irowanct pe+r~:yms, !nd mpfp~ pwnpfy insy~a~
premiums. -
IN WITNE55 WHEREOF, the ssid MORTGAGOR hss hereunto set his hand a~d se~l N+t day and year fir t aforaaid.
Sipned, Seale en I' d in the presence of: i
~ ~
t ss~yt~~
11~'J~~ ' ry
. n
n
~
STATE OF FLORIDA ~ ~
cour,nr oF _ St. Luaie
eef«e me persw~ally appeared Lloyd Tavlor ~
Clo ti~ de F. Ta41or w;~e, k,,,,~,,, ~ ~ ~
rhe indiridwls descr;bed in and who executed the faepo;rg instrwnent, and ~clenowled~ed before m~e that they executed the sams fa ths purpases
rt,~?~„, .xP.~„~. a,d rt,e Clotilde F• T8 lo]c~
w~Fe of the said Lloyd T~lor - ~ upon • sepu~te ~nd priva»
examieutwn by me taken sepsrate sod apart from her said husbsnd, ~du~owledped to ~nd before m~ tMt sl~e extated said irotrument fteely and volvrr
~a.ily and w;tF~ovt sny compulsion, corutraim, apprehens~on, ot feu of a from ha s~id husband,
WITNESS my hand and official seal this a3 a,y or_ September , A. D. 19 ~
- A
• Notary P~?blic in w~d for tM St.t~ of id~ .r l~ry~
Rt~urn.jo: . My Conrniasan txpins: ,.3~~ g'~0~
Fint Fedeal~.S+rf~ys.~~ Losn As:ociaYwn ~~~Q ~O R NOY~ry ~':-'`c' C''~ ~~a::da at La?£8
~ ' tOf. Fo?l`P~erte; 8T. Lt1C~E ~ ~-:l;~; . ~?13. ~s~s
~fra~aa- REGOA C a~~`' ~ ' - .;o. Y.
_ • , ; ~ VE I~I~D
, ` •4` O CL1~,I• -Y ~ . •
- , . ~ ~ , , = ~ SEP 26 ~
~ = ~ = 148~ 3 • ~3 -
~ ~
, ~ ` ' ^ ~ e , ~~RK CIR~
OITRqg
~~T ~OURT
80UK~~~ ~ '
. .
~ ~ ~ ;~~x <a - -
~ ~ ~s~~~~
~ ~a: ~
8" ~
k~;~;
~