HomeMy WebLinkAbout0411 S. To plso~ and aon~uwaustY 4Np on dy Ow'd:•S~ wow w~+r.~ahw ww~a on i.:d bnd and a~ ~!t p~qn.s~a ~ pason~lly cwn.~A M Nw ~t~
p~. witi? ~N pn~nwwss therwn p++d in fv11, fire ;~:~.~nc~ ;n :1» vsw~ i~aM•erd pa~ faaL in • win aFprawd b~r tht MOR(GAGfE. and windNa~w
i~qw~na I~ U» vswl uandud policy faa~ irr ~ wm aFpro.~d tqr d~t MGRTi',.1GfE. in wch caapany or cor.p+~+as a~ ktORTG/1GEE wisy
sir~cit a+d sN fk~ and winds~onn irawanoe pot~c:cs on a.sy wi ti+:d bv:.d~+ys„ ~ny in~~sf ~Mr~in w pat tl+u~o/, M+ ~Iw a~pp~iqa~e tuin ~fw~sa:d w
ire sxcsss ~hK~of~ shali c.~tain tl~ uswl a~a.~.iud mat~.=.yc~ clause or a~-c!+ at+e~ clause u~M Morpag~e ew+y r~quJa, n~alirq t+,e Eoss und~r a~d Ewii
c+cs, eath aed ~wnr, araek a s.W ~ORtGa?GEr as ~a =y:Kil! may app~a. r.xi sach and tvery auch po6q skill b~ prwnpNy ait.9ned and d~iiwnd ro
e~y ikid by sa;d MqltfG?GkE u fwtA~r aszwity ro iaxt Rcaya~ deb4 and. na kss ~han rM l10) days ia advanc~ of ~M ~apirs?~on of ~ach pohcy. w d~ E
I;ver b said MORTGAGfE a nrkwal Msraaf~ wpcefa+ v~iih • rec~~pt ta iha p~~miwn of s~ch ~enewai; ar~d tnut sMU b~ n~ f:r3 or wind+~w:x w+suranc~ ~
ptr_s.! on any of sa~d bu;ldiny~, any in~c+a~ thsra~n w pu~ ~M+sot, w.:cu ~e ~M (o.m and wi~h ~M bs~ paY~bb u aiw~s.id; ind in ~M weet ~ny sun+
of n,w»y b~co~„~s pay~bh w~d~~ wch po~Ky or polrc:es sa~d MQRTGAGEE ~hall Mw ~h~ opt~on w rec~iw and ~ppty tM a+ma on account of the indcbred~
neu wcw~d lwebr or 1o pKmit sa+d MpitTGA(',ORS ~o receiw and it p ~ny part rhe.eof fa oiher purposes. w~~hout ~hSreb~ waiving a unpain
+~+Y ~W+~h?. ~iM or rqAt ~x+de~ or by virtw of tbis ~*roz~~apr; rd in tht ~vent ia~d N1~RT;aAGORS ihaU tw any reaso~ fail ro keep the uid prem~~ so
in:ur~, or fail b delirer pron?ptly any of lOid pOfitNf of Mwra.x• %~ad MOR~G~GEF, a fai! prom~tiy to pay futtr ~ny premi~,rt? the~etor a in
r~sp~ct fail b p~rfo~~, dixlwp~, ~x~cute, i[fect, compt~t~. com,~ly wieh and abid~ by this cav~nt, or ~n~ put I+srwf, sa~d MpRTGAGEE may p3ac~ u+d
P+Y fa wch irowux~ ar any p~N ~hsreof wi~hovt waivinp w aff~ctinp any option. ~i~o. equfry. w ri~h~ w~d~r or by virtw of this MorlQaps, and the
tuu anwwd of each and .+.ry wc1~ payn,.nf ahatl bs i~nrned~wrsly dw ~nd pay~bl• a~d sMll bear inter~st from tha dat~ ths~eof untii paid ~M wb ol
nine pK pnttpn pN ~mwn and toQttlw:a with SutF~ interest ihali be tecvred by th~ lien of Nw mortqap~.
To pumit, oonr~dt a s~ffK no wau~, (mpairment a dsteiwwt;on of said properry ar any part thereof.
S. To pay all and siegular tM costs, thar9ss and expenses, inctudirg a ~eason~We st~or~ey's fee and cost~ of ab~aacts oF title tr+cvned w p+:d u
any fim~ by aaid IMO1tTGAGEE, becavse w in ths ~v~nt of ~h~ failure on ~h~ san of tM ssid MORTGAGOR w duly, p.onp~y ar+d fuly parfam: A:scharyR
MXKUf~ !fflCt. oompl~t~, corty~ly w~th a~d ab~de by ~~ch u+d every ths it~pu:a~wns, ap~eemen~~, conditans, and covK.nn of sa~d promissory note and tFw
maty~ ~^Y w aihe~. uid said oos~s. chuyes and saps~ses, tach and ewry. shall be immeduta~y due ~e+d payaWe: wtuther or nW the~s bt fAtiC4
mand, atteinpt to collaci or wit p~nd7nqj and tM full anwunt of each u+d avery wch psymem shalt bea. interes~ frwn Me da~e ~hereof uitil p~id at tFK
rate of ni~ per centum per annum; and ~It s~cd costs, charges and experues inturred or pai~, u+gethe~ w~th :uch eMSrrs1, sl»II b~ secwed by tM lisn of thit
mortpa~.
b. ifwt (a) in ths svani of ~ny breach of ti~;s Mortgap~ or defavlt on the pa~t of the NIORTGAGOR, or (b) as the evsnt anY ot sa~d sw~» of mor?~y
h~rein ref~rred ro b+ not promptly u+d fully paid within thirty (30} d~ys ne,ct after ti+e same severatly become due ~nd payable, withoul dem~nd o~ noY~p,
e? in tM ~wnt each and every the stijwtations. sgreementa, cond~fwns and coren~nn of sa:d ptomissory note ~nd th:s mortpsye any w eiths? ue no1
~uly, prort~ptly and fulh perfamed. disclurged. executed, sffected, canpleted. complied wi~h and abidsd ~iy, th~n i~ e;fher or ~ny sv`h ev~nt Mw sa~ a¢
yregate wm ma+ticntd io said promiswry note the~ remaininy unpa;d, with interest acuucd, and alt ma~eys aec~~ed_ he~ebY. ~M11 become dve ~nd pay-
abl~ for?hwith, or tlwsaftsr, at ihe option of said MORTGAGEE, as fully ~nd compk~ely as ii sil of ~he ssid swna of money were orp~n~lly ~Np~ured
to t» p~id on su;h dsy. u~ythinq ;n sa;d prom;ssay note or in tha AAo.tgege ro the conrrary notwirh~iand;np; and tiwreupon ar thereahar the option of
s.~d N10RTGA('sEE, without ooric~ w dem~~d, wit at law a in equiy, the.eforc or thareaf~cr bepun, m~y be pro~ecvt~d ~s if stl ma~sys sew~d her~by
hei! n?.tur.d prior ro in iroGtwion.
7. Th~t in tM event tlwt at the beg'~nnirg of or at any time pending sny wit upon this Mwtyag~, or to fwecloss It, w to ?~farr~ lf, a fo er:force
P+ymcnt of a~ryr daims Mrrunde~, said MORTGAGEE shall spply ro the Coun i+aving jurisc~:c~ion thereof for tFs~ appa~tment of ~ Receiver. s~ch Cawt sh~ll
f«thwhh ~ppoint a nceivM pf s~ij! mortp~ged propHry all ued sirgvlu, includmg alt and singula. tF+e inoar~e, profits, issues and revenves fran whaeevtr
wurce d~rived. each and tvKy o# whKh, i~ bN+np expressty unders~ood, is hereby mo.tyaged u if specifically ~et forth and detvibcd in the yranrin9 and
hab~ndwn davses hsreef, and such Rea~ver sha~~ h~ve all the b,rwd and effecrive fwxt~ons and powers in snywise entnnted by a Cowt t9 a Reuiver, and
wc~+ appointm~nt sh~ll o~ made by wch Court u sn adrra:c.ti+ eq~ity sad a martcr of atrsolute right ta said AAVRIGAGEE, and wi~houf reference to the
edequscy p&wd~qwcy of the wlw of the property mor~y~ged w to the sonrenc~ or ;nsolvcncy of sa~d MORTGAGOR or tha defendann, and that such
renn, profits, inccme, issues and r~veows ~h+n be applied by svch Receiver ~ccatlinp to the lien or equiry of said MORTi'sAGEE ~nd the practice of such
Court.
8. To duly, promptly +nd fully perfor.n, d'~sch~rys, execute, effect, ca~plcte, comply . with and abide by eacfi snd ~very tM stipubtions, agreerne~ts,
conditiorq Md ooveiyets ;o y;d promhsory rqte and this mortgage set fath. ~
9. That in tM event the owncrship of the mortgaged prern;ses, or sny pan tFKreof, becwnes ves»d in a perton other than ths 1NORIGAGOf~ ths
MORTGACsEE, in s~cceuon and usiyns, may, wi~hou~ norice ro the MORTGAOR, deal with such succauor w wcc~ssor in interest with refer~nce to thia
mor~ga9e and the debt hereby secwed in tha same manner as with I~Rartg:~~ without in any way vitiaY~ny w dixhuying the Mortgsgws' fi~biiity her~-
under or upon tl» debr hereby sccured. No sale of'the pemise~ ?,e,eby matgaged snd no fwbearance on the pan of the 1NORTGAGEE or its successors
or aasi~~ and rq eatension of the time fw the paym~m of the debi hereDy secured given by the MORTGAGEE or its susussws or auigro, shall opewt~
ro release, d7uha~e, modify charge or affect the originat tiab~Gty of the MORTGAGOR herein, eitl+er in whole a in parf.
10. it h specifically preed that time is ~f the essence of tha cpetract asid fhaf no wsiver of any obl'gstion herevnder or of tha oblgstan se-
cured hpeby ~Ml1 ~t any time thereafier be held to be a waiver of the terms hereof a of the ir~strument ucured herby.
~11. Ir. ~dd~tion to the fwego:rg morohfy payments of prirK pal ud imerast requ'ued by- the prom~ssory note secured hereby, mortgsgor covenant~
and agrees to pay ro mongagee with exh monthty payment an add~rional sum estimated by mortgagee to be eqwl to 1/14 of the snnual cost of the fdlow-
irtg:
A-All real properry taxes levied or auessed against the above dewibe~i real estate.
B-Premiums oo f'ue and windstotm insurance as herein requ:red ro be carried on the improvee:?~nts siti.ate on 1he above described poemises.
~-Premium: on s~ch mort9sge 9wranry insurarr_e as mortgagee sFall from t~me to ti,ne deem fif to cury on the loan secwed hereby.
Mortgagee shall from time to t3me norify mo?igagor ~n wrif~~g of the amount due and payable hc?eu~der and such wm shall the.evpon be due and
pay~bie on the dve date of the next monthly payment and each successive month thereaiter u~~til mortgagee shal: notify mortgagor of a chaoge in suth
amovnt_ $ud~ sums shall be applied by mortgagee toward the payment of re~l prppmty bxes, inswance prem:~ms, and mortgage gwranfy insurance
pr~miums.
IN WITNESS WHEREOF, the said MORTGAGOR hss hereunto set hi: hand and seal the day snd year fint aforessid.
kd and ed in presena of:
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STATE OF FLORIDA ~ ;
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caurmr vF St _ Lu _i . -
ssfore me pe~aonauy apFaa?ad - L 1 o Y d T a y 1 o r~
and ~
C~ 8~.OT' h;s w;fe, fo me well krawn and kr+own to me to bs ~
~he individwb descn'bed in and who execvted the fsregoing inst~umen.*. ~nd a~crawledged before me that they executed tix same fo? the w+~P~ses
~?,«~~~.x~.~. ~rh.,,;~ Cloti'_de F. Tavlor
w~fe of the wid Llovd Tav lor - ~ xpante and priv~t~
examPnation by me taken separste sod apart from her said hu~bsnd, adcrw,Nkdged to and befpe me that she executed said inttrument frcely snd volurr
rarily and witlwut ~np compulsion, cwntrsint, appr~~or fea~ of or from her said husband.
WITNESS my hand and off'~cial seal t~ 7 day of vember 6r3
/l. D. 19
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_ wsry PubEic in and fw the St~te of Florids at 4~s
.t•~`~~.se~Ffi.To: NO RECOROED Convn~iswn exFuts.
FILED A ~~,°,`~n`~''- S'-~::^- ~'~-:da at lar6e
?s F+~d!c}~ ss~!W!oi '~oan ~1s~c~at~T. LU C E t,~ n , L g
F; ~ a~ ~ 1 COUWTY. FLA. a~, ls 8
~jE¢ : . ot i2. Y.
••'°f P`t`a=; P.ECORO VERIFIEO . ~ . ~ ,
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, c," 66 NOV ~~7, PM 3. i{
YT.;`= ~ ~49'784 -
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' ' - ~ .OJC~ ."O~ZftAS
~ CLERK CIRCUIT COURT
sooK 158 PA~E 4~~. ~
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