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Home My WebLink About2939 To plao~ +nd con~inuouslY ke~P u^ tl» buitdirgs now w I~ersaftM ~tuate on i~~d land ~nd on +11 cquiprn~m ~nd pawn~lly covK~d by this mwt~ ~s, with ~II ptmiwns thtrton p+id in fvl4 fir~ i~uurance i~ tM utual standard policy form, ie a swn approwd by tM MOR~GAGEE. and windttorm ~ i~,su~ano~ in th~ vswl au~dard policy fam, in a ium approved by ~hs MWtTGAGEE, ie ~uch compsny or compan~e~ u th~ MORTGAGEE n?~y diredJ ~nd all iM~ and winebtorm iniursnce policies on any of iaid b~,icd~nps, ~ny in~enst therein w p+n tFw~wf, io ~M ppre9~~~ wm ~fa~~aid a in ~xc~st therwf. ~11 conbin tM vtwl ~ta~dud morrgagc~ clause a fuch o~Mr clsuse ~i ~M Mortpagt~ may rp~'a~, makinp tM bu ~ndN ~+id poli~ ue~, each uid ~wry. ar+a• ~ s+~d ~TGAGEE ~s ih intereil may ~ppear. and each and ~very svch policy ~h~ll b~ promptly ~ts:y~td u+d deliv~red to •ny Mld by s~id MORTGAGEE as furthe~ sxu~ity ro said marr~aye deb~, and, not kss ~h+n ree p0) days in edvu+c~ of tM expiration of each policy, ro d? he live~ to a~id MORTGAGEE a rMew+i thtreof, toptther with a race~pt iw the premium of such re~ewal; and tMr~ shall b~ no fir~ w windstwm insu~~ou 1 pleced on u+y of s~id b~rildinps, ~ny i~tertst Mer~io ot part thereof, unleu in tM form and with 1M loss p+yabt~ ss ~iw~said: ~nd in tM event a~y ~urn of mon~y b~com~s pay~bl~ wwlN such policy o~ policies said MORTGAGEE shall h~ve tM opt~on to receive and ~pply the same on +cca+nt of ?M indsbted ness •ecwed I~.by o~ b p.rmi~ sad MORTGAGORS ro rtceive ~nd us~ h p any pa~t lhereof iw other pvrposei, without the~eb/ waiving w impai*- iny any pvity, IiH? or righf unde~ w by vinw of this mors~~~e; +r+d in ~hs wem sa~d MORTGAGORS slul) to~ a+y reason fail to keep ths faid pr~aes so ~~~ured, or fail b deliver promptly ~ny of sa~d policies of in~urance to said AM7RTGAGEE, a fail promptly to pay fully any premium therefw w in any respect fail to pKfweq, dischu~, exscut~. ~ff~tf, campl~te, comply with uw! abide by this mvenant, a any psrt herwf, aid MORTGAGEE m+y p~ate +nd pay for wd~ irou~a~c~ w ~ny put tMraof without wsivinp w~ffectinp a~y optan, lia+, equity, a rigM under w by virtw of this Mortyape. ~nd t!n ful: amo~nt of ~ach and ~wry wch p+ymeet sl+all be im~ned~atey dve +nd pay~bl~ ~nd shall be+r interest from th~ dat~ thereof w+~il p~id at th~ rat~ oi n~ne par cMtum pN annum u~d together with tuch intmost shalt be secured by Iha li~n of this mortqage. ~ To pKmit, ooennut or suffK no wute, tmp~irment w deteriuation of sa~d property w any pah thereof. S. To pay ~II ud sinpul~r th~ cosn, chuyes snd expenset, inclvdinp a reasonabk •nwney i fee ~nd wsts of ~bst~scts of titls. incvrred w p~id ~t eny tirrN by ~aid MORTGAGEE, b~cause o~ in the w~nt of ths failure on the part of the ssid MORTGAGOR to duly, promptly ~~+d f~t1Y perform, d~sch+ry~, •xewt~, ~ffeef, complst~, oomply with and ab~de by ~ach snd evc?y the st~pulanons, agreements, cond~tions, ~nd cownan~s of uid promissory note ~nd thi~ mwrpap~ alfY W f11I1l1. and s~id costs, cl++r~es and expenses, eacA and every, ihall be immed~a~ety due and payable: whetl+er or aot there b~ r,ot~ce dr mand, att~mpt to colkst o~ wit p~ndingj and tF+t full amouM of e~ch ~nd every svch paymcM shall bea. inter~st from the d+te thereof until p~id ~I tht ; rete of niM per tMtum psr annwn; ~nd all said costs. cMrpes ~nd expe~+ses incwted o~paid, together w~th iuch intere~l. shall be secured by th~ IiN+ of tFw ~ mortpay~. ~ 6. ih~t in tl+~ ewnt of uiy bre~ch of this Mortgspe w defaul~ on the psrt of the MORTGAGOR, w(b) in the ~vent any of iaid twm of morwy herein r~fert~d to b~ not promptly ~nd fully p~id within thirty (30) days nexl aiter the same xverally become dw and payable, wilhout dtm+nd a notic~, or (c) In tM w~r?t tach and wery tFr stipulatio~u ~greemems, conditions and coven+nts of sa~d promissory note a~d this mort~a~e any w either ~re nol ~uly, promptly and fully pKformed, disch~rged. executed, eifected, completed, complied with and ~bided by. then in eifher w any such ~wnt tM said ap~ pragatt wm m~ntaMd in Nid promiuory oote then remaining unpaid, with i~terest acuued, and all moneys set~red. hereby, shall beton?e dw and p~y- ~bl• fwthwitFy w tt+Keafta, at th~ option of said MORTGAGEE, ~s fully and completely as if ~II of the sa7d wms of mw~ey were wiginally ttip~l~tsd to be paid on wth day. aoyfhlnp in said p~omiuory note w in this Mo?tgage ro the comrary no~withsundiny: ~nd therwpa+ w there~fter at tM option of ~eid MORTGAGEQ witho~t noY~ce a demand, wit at I~w or in equity, therefore w thereafte~ begue?, may b~ prwecut~d u if sll moneys s~tund ha~by nad m~f~t~d p~iOr f0 iri intfittitiOn. 7. That in th~ ~v~nt that at the beginning of or ~t ~~y time pending any suit upw+ this Mortgage, or to foreclos~ it, or to reform tt, a to enfwq peyment of any d~ims Mrwnder, said MORTGAGEE sMll ~pply ro the Cou?t having jurisdlction thereof for th~ appointment of • Receiver, such Covrt shell E~rthwith ~ppoinf a nuiw~ of sa' mafyayed property aIl snd singular, includ~eg all and siregular the income, profiti, issues ~nd rewnues irom what~ver wurce detivtd. ~atA ~nd ewry o~which, it beirg expressty undcrstood, is hereby mortgaged ss if ipecifically set fwth and dewibed in the yr~ntinp and habendvm cl~wes her~of, u~d wch Receiwr shall have all the broad and effective ~uncrions and powcrs in aoywise entrusted by a Gourt tp a Retsivtr, ~nd ~uch appointm~nt ahatl b~ mad~ by wch Co~rt as sn ~dmitted equiry and a ma~ter of absolu~e right to said MORTGAGEE, ~nd without refa~nct to th~ ~ ad~quacy w inadpuacy of the value of the property mwtpaged w to the sowency w insolvency of said MORTGAGOR or the defendants, snd that such . renfi, profits, intane, iuues ~nd rtvenues shsll be applied by such Reteiver according to the lien or puity of s~id MORTGAGEE ~nd the practitt of such Court. ? 8. To duly, promptly ~+d fvlly perform, dschar~e, execute, effect, cornptete, campty with snd ~bide by each and ewry ths stipulations, apreemen», . conditioro u~d coven~nrs in s~id promissory rate and this mortgage set forth. ~ 9. ihat !n the ewnt the ownership of the mortgaged prem~ses, a sny p~rt thereof, becomes vested in • penon other thsn the MORTGAGOR, tM MORTGAGEE, its tucceuors ~nd ~uiyns, msy, without notice to the MORiGAOR, deal wifh such suttesfw a wtussor in interest with r~fa~ote to this - mortgage and tFN debt hereby secured in the same mannet as with Morrgagor without in sny way vitiating w d'~stMrying the Mortyspots' liability herr under w upon tM debt hereby secured. No s+le of the premises hereby mortgsged and no (wbearance on ~ht part of iM MORTGAGEE or its suaessws or es:i9ns and no extension of tht time for the psymem of thc debt hereby secured given by the MORTGAGEE or ita successors or suigm, sMll opsrat~ ro release, discharye, modify cMnge or affect ths wigina~ lisb+lity of ~he MORTGAGOR herein, either in whole w in put. 10. It is apetif'~ully ayreed that time is of the euence of this contrsct and that no w+iver of any obliyation herevnder w of th~ oblip~tion s? cured h~reby sh~ll ~t any tim~ thereafier be held to be a waiver of she terms hereof p of the instrumeot secured Mrby. 11. In addition to the forego:~g monthly paymems of princ'pal and interest required by the promissory note secured hereby, mortyagor oovensnts and agrees to pay to moAgagee with each momhly payment an addirional sum estimated by mortgagee to be equal to 1/12 of the annua) tost of the follow- ~ in~: A-All real property taxes kvied or assessed against the above described real es~ate. • B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improveme~t~ sitvate on the +bove desvibed premises. C-Premiums on such mortga9e ywranty insura~ce as mortgagee shall from t~me to time deem fit to carry on the (oan secured hereby. Mortg~gee shall from time to time notify mwtgagor in writ~ng of the amount due and payable hereunder and iuch wm shall thereupon be due and ; payab~e on the due d+te of tM next monthly payment and each successive month thereafter ur.fil mortgagee sFwll notify mortgaga of a change in such amovnt. S~ch sums shall be applied by mortgagee toward the payment of reeF property taxes, ins~rence prem:ums, and mortg~ge guaranfy insu:ance j premiums. ~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day snd ye+r ' af ssid. ; SiCrwd. S~+Isd and d~livered the presence of: ; •n [ .o n . . ~ ~n S`+ATE Of FIORIDA ~ couNn oF St. Lucie ~ 6efon me perwn.~~y ,pp.a.ed T.l nvd Tt~vl er ,nd ~r' ZO t ~ ZCi 8 Z'' .~'R.a 1 L12' his wiie, to me well known and krwwn to me to be ~ ~ the individwb dauibed in sod who executed the fore9oirg instrument, and ackrwwledged before me that they executed the same fw the pvrposes therein exp~essed. Md th~ •ei•~ G7 pttldA F'. Taylor wife of tM said Llnvd Tavlor - ~P«, a sep~~ate ~nd priv~te~ examinstio~ by ms tsken separate snd apaA from her said husband, acknowledged to end befwe me that she executed said instrument freely and volun- ~ farily and withou~ aMr compulsan, constraint, apprehension, or u of w from her said husband. ~ WRNE55 my hand ~nd offitial se~l thi~ day of A. D. 19~_ ~ ~ Notary Pubtic in ~nd fw the State of Florida ~t.larye ~ . . . FILEO AMD RECORDED ""Y c«ti"~u'°" °"~.~fr-z-. r , - _ aen?.~,~o~ ST. LUCIE COUNTY. Ft,q.: j;: ' ~ fi~t r~ir~( Sav~~ys i u"cs~ /~wc~a~~or~ R~CORD VERIFIEO - - ~ - ~ ~ ~ Of ~orf Wi~rce. y~(~~~ . , . ~ ~ . . ~ Fa~ q~erte. ~lorida ~ ~ i _ ~ss ocr z~ P~ 3: ~ 2 g~~ ~ ~ ~ . ~ ~ ~ f . ~ ~ 14951~ ~ ~ . . re:,=-F r o~zc~as CLERK CIRCUfT COURT ~ ~ ~ BooK1.51 PAGE 538 ' ~ ~ v , _ - - - - - - _ _ - - - - -:,y~ - . ~~4 ,r~• ~ ~ = °=;3='',