HomeMy WebLinkAbout2392 To placa a+~d contirMro~n1Y ka~P on tM bui!dirps now w h~reat~~. urw~ on ~aid land ~nd on all eq-~ipmeet and pe~son~lly covc+ed by thii n+or~.
~p~. witA ai pnmlwn~ thawn p~~d in f~tl, fin inswanc~ ~n tFw ~wal seandxd poticy fwm, in • swn approwd by ~h~ MORiGAGEE, and wtn~tam
~nswana In tM uswl ~undard pdtcy fa~n, in • w+n appovcd by ~M MORTGAGEE, in wcl+ canpanY or comW^i~s u tM JNORTWIGEE m~y
dirKij ~nd sll fin and w~nds~wm i~?swana poliues on anr of wid buiidKg~, ~ny ie~rer~st ~herein o~ part th~.wf, in tFk ~p9rep+t~ wm dan~id or
In sxcep the~wf, ah+ll tora~in tM vsu+l u~ndard morrgayea clavs~ er tucA otfi~r dw+~ as tM Mx~9a~ e?ay rpuK~. maki~g ~h~ loss u^der s++d Pdi~
cie~. ~+cl~ +nd ~vsrY. P+vabl~ w said MORiGAGEE ~s ib in~~rest may appsa. and each and every ~uch poliq it~all be p~ompt~y au:y~ed u~d d~live~ed to
hsld by said MORiGAGEE as fur ~ secwity ro said mor~gs9~ dcb~. and. no~ ks+ ~1~n ten pQ> days in adYance of ~h~ expir~tan of each polrcy. ro d~-
I~ver to wid MORTGAGEE a rw~ewal th~rwf. wpe~iw~ with a rece~pt iw tM pemiwn of such rer~ewal; and then sMll bs ao fu~ o~ winditam i~uranc~
pl~ced on ~ny of said build~~, ~ny intereat thenu+ or put ihercof, unlsa in the fwm and w~~h tM losi paysbte u ~fa~sa~d; and fn tl+e event ur/ wm
of n,w~ey becom~s pay+bl~ w~d~r wcl~ poliq w pol~cies iaid MORiGAGEE sF~all have tM optan 1o receave +nd ~pply ths s+m~ cr+ +cca+~~ of ~M w~dabted~
ne» secvhd ha~py w q pe~mit v~d MORTGAGORS to reuive ant! use it p any part ~hereot fw otix~ pwposes, wiihwt threb~ waivi~?9 0~ unpa'a-
~Y ~~Y. 13M cv ~~pht und~r a by vi.tw of this rno:rqage: snd in ~M ~vee?r u~d INORTGAGOQS iAall fw .ny reawn 1a~1 ro keep ~he •s~d premwes so
inaured, or t~il b ddivK pranptly ~ny of said poiicies of inswanu to sa~d MORTGAGEE, or fait promp~ly to pay fully a~y p+emi~m tMrefa a i~ any
respstt fail b pe~fwrh, d'nchu~e, eaecute, ~ffect, torry>I~t~, comply wi'h and ab~ds by this covenant, a any par+ hereof, iaid MORTGAGEE may place and
pey fw wcb irowano~ o~ ~ny p~rt tMnof wirhout w~ivinp w ~ffectinp any opt~on, li~n. equ~ty. or ryht urwler w by vinw of ~his Mwt~. s~?d ths
futl amwmt of esch and tvery wd+ p+ymsm shall b~ immed'uroly du~ ard pay~bl~ and ahalf beu int~reu fram th~ daq tkeraof vntil paid at th~ raq ot
n~na psr ca~twn pK anwm and togather wi~h such interest shali be secured by th~ lien of this morpsy~.
I. To p~rmit. oamut or wffer oo wutt. impairmee~t w deta~oration of said property tx any put tl~e?eof.
5. To p~y atl and siry~lar tFw coat~, chu~es and ex~xnses, inclvdinp a reasonable ~ttw~+ey's fee and costs of ~bshacts of title, incwred w pa~d at
eny time b/ s+id MORTGJIGEE, b~cause o~ in t1~e ~wnt of the failwe on the p+rt of the said MORTGAGOR to duly, prompNy ~nd f~1y perfwen, d:xM~~,
execur~, ~ff~p, canpl~t~, tanply vinth and ~b~ds by each and every ~he st~pular~ons, agreemenrs, cond~tans, and cowMnn of sa~d p.«n~ssory nore and ~hu
rr.orr9ay~ ~I a~iths~, and sa~d costs, chupes ~nd e:penses, each ar+d every. th+ll be imrnedia~ely dw snd payable: whether or not there be ao~itt dr
mand. ~ttempt to cotkct or wit pe~d~rg; s~d th~ full amounf of each +nd every such p~ymen~ shal~ bear interest f~om the date thereof w?til p~id a~ ti+~
rore of nLK per ceetum per arwwm; and all said costs, charges and e:penses incw~ed a paid, togeiher vr~th such in~erest, shall b~ setvred by th~ liu? of this
^wrlyy~.
6. Tfwt W in tlu ewnt of any brsach of this Mortgage w defw~~ on ths part oi the MORTGAGOR, or (b) in ths event any of s+id wms of mawy -
herein r~h~r~d to b~ ~wt promptly and fufly paid within thirty (30) d~ya ne:t after the sams seve.ally becane due ~od p+y~ble. wi~i+o~t 3smaad o~ notice.
or (c) tn tM ~wnt sach u~d evsry the stipulations, ~greemsnts. caxlitions and cove.»nn of sa:d promisswy rate and ~h:s mortga9e any o? a~har ue na
iuly, prompNy and fvlly pKformed, d~sclWrged, executed, effected, completed, compl~ed w~~h and ~ti~ded `~y, then in e~thet or arry such ~vent tl~ iaid a~
gregate wm mtntioned in aid promiuay note then rcmainir+g ~opaid, with interest acuved, and all moneys secured hereby. shall betane d~~e and psy~
abla forthwith, a thersaha, at tl+e oprion of said MORTGAGEE, as (ully and completely as if all of the sa~d swns of ma~ey vrere agu~+tiy sGpulated
ro be paid on svch daY. ~nytlrrg in sa~d promiuory note or ir? thia Mwtg~ge to the contrary notwi~hsund;np; ~ed there~pon w therc~ftat a~ ihe opian of
•a~d MOitTGAGEE, withovt notia o~ demsod, wit ~t Iaw or in equity, tl~vefore or tharesfter begww, ms; bt proaecuted +s if all mer.eys s~cured hereby
hed m~tvr~d priOr to ib irotitution.
7. Th~t p~ th~ went th~t at th~ beginning of or st any time p~od'u+g sny wit upon this Mortg~ge, w to foredost N, w fo rcform it, or to enfwp
p,yment of sny dsims hae~x~der. uid MORTGA6EE shall apply to the Court having jur~sd~ctan ~heceof fw ~M ~ppointment of ~ Receive~. wcl~ Cowt shalt
forthwith ~ppoim ~ receiver of~ mortpaged property all and sirgutu, inclvd~ng all and singular the incwns. profits, iswes and revenues irom whatever
~ource daiv~d, exh ~nd ewry ot wh~th, it beinp ~xpressly understood, is hereby morrgaged u if spec~fically set fo~th and dewibed in tl+e 9rantirg ~nd
povrers in anywise entrusted
habendum da~ses hereof, and such Receiv~r sh+ll have aIl the broad a.~d effective funct~ons and by a Cowt to a Receirsr, and i
such appointment shall be rtude by wch Court u an admitted eqvity ar?d a r~tter of absolute right to s+id MORTGAGEE, u~d wi~hout refe~ence ro tFw
edequscy w in~deqwcy of the value of 1he poperty mw~gaged or to the sWvency o~ insolvency of sa~d MORIGAGOR a the defendann, and that such
ren~s, profiri, income, istues and r~venues sAall be applied by such Receiver sccord~ng to the lien or equity of said MORTGAGEE a~+d the practice of such
Lourt.
8. To duly. promptly and fully perfo~•n, d'ncharge, execute, effect, complete, complY with and abide by each ~nd wery the stipukY~oeu, agnarnents.
cond~ta~n snd ooven~nts in said prombsory oote and ~h;s mortga~e set fo?th. ' (
9. iMt in fhe eveM the ow~nhip of the mortga9ed premises, a any put thereof, becomes vesfed 6~ ~ pe•son other tha~ the AIIORTGAGOR, ths ?
MORTGAGEE, its sucusaon u+d auigns, rr~y, without notice to fhe MORTGAOR, deal with such svccesao? or succ~ssor in interest with retersnce fo this
mcrtgsg! and the debt hereby secured in the same msnnet as with Mortgagw w7ihout in any way viruYug a d~xiWrg~~+g the Mortgagors' li~biliry hert
under a upon the debt hereby secured. No sale of the ~vemises hereby mo~tgaged and no fwbearance on the pan of the MORTGAGEE or it~ successon
or assigns u~d no extension of the Yune tor the payment of the debt he.eby secured given by the MORTGAGEE w its successws a assiqns, shall operate
ro release, discFwrge, modify change a af(ect the wg~nsl liability of the MORTGAGOR hereu4 either in whole or in put.
1Q If b specific~lly spreed th~t Y~me is of the cssence of tha corursct arn! thaf no waivar of any oblgat~on Mreunder or of tM ob!iysYan W-
cured hereby sh~ll at any time thereafter be Ixld to be a waiver of the terms hereo( or of the instrum~nt secwad herby. '
11. In addiYwn to the fwego:ng monthly paymrnts of princ'pal snd interest requi~ed by the prom~sscry nore secured hereby, mortgsgw tovenants ~
and egrees to pay to mortgagee with esch monthly payment an add~r~on~l sum esrimated by mortgagee to be equal ro 1/ 12 of the annual cost of the follow- ~
inq: _ {
A-All ydl property taxes kvied a assessed ags9++st thc above desuibed real esrate-
B-Premiums on fire and windsto?m inwrance as herein requ~red to be carried on the improveme~ts situate on the above desvibed premises. ;
C-Premiums on such mortgage guaranty inswance as mwtgagee shaU from t~me to time dcem fit to carry on the loan secured hereby.
Nlortgagee sfiall from time to time not2fy mwtgagor in writing of the amount due and payable herevnder and such sum shail thereupon be due snd
i ,r.ayable on the due date of the next mo~thly psyment and each successive month therea(ter ur.til mwtgsgee shall noti(y morrgagor of a change in such
f amovnt_ $uth wms shall be ~pplied by mortgagee toward the paymcnt of real property taxes, insurance prem.wns, and mortgsge g~aranty insurarue
premiums.
f IN WITNE55 WHEREOF, the said MORTGAGOR has hereumo set his F~and and seal the day and ye firs aforesa'
~ Sipned, S~aled and delivered in the prese~ce of:
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STATE OF fLORIDA ~
St. Lucie -
courmroF
g~{ae ~~~~y.pp~~ T 1nv~TAVI er and
l:lOtj.l(~9 F• Taylor his wife, to me well known and known fo me to l»
the individwb described in and wfa ~xecvted the foreyoing instrurnent, and ackrwwkdged before me thst they executed the same iw the pwposes =
therein !xp?~ssed. Arld fhe said ~1 A.l 1 de r' ~ Taylor ?
w~fe of ttw s~id T.l Avr~ ~vl Al+ vpon s sepsqte and privat~ ~
examfnatan by me taken ~epante and aps?t from her ssid husband, sdcnowledqed to and befwe me that she executed said irotrumem freely and volun-
rar~~y and witho~t ~ny compulsion, constr~int, apprehens~on~,~J fear of or from her ssid husband. ;
WITNESS my hsnd ~nd officisl seal thi: f 9 l~~- day of December a p. !s 66 ;
c~K.~i ~ - .
• Notary Fublic in and ~or~ jt~e ~f~Fl~~da at luye
• My Coernissan e~cpires: / / (p %
Retum Ta • , . _ _ . . • . . :
Firi~ FsdK~~ sa~s a ~o~~ ws:oc~at~o~ ,C ANp RECOROE~~ , : . . . _ : ~ t~. .
Of Fwt Pierce_ FI?.GQ ~OUNtY~ ec~r~v;~ .~.~~t r:.._. .',r~ , - ~
~ PK.u. Fb.~~ ST.l.UC1E VEa1F1E0 _
RECOFtD GF~~6~ . : _ ~ ~ ~ . ~ _
. r..~~r~%~' ~ S4 . - - ~'a
'66 DEC 19 Pa 3. ~
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oGER ~ o?TRag : . ~ .
~R?t CIQCU?T COURt _ '
o~R 589
~ 800K1~~ PACE ~ ~l~~
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