HomeMy WebLinkAbout0646 S. To pba and ooe+lMwovsN kNP on th~ bvildi~ps now w Mreaftu ~itw» on said land snd on ~II pulprt~nt +^d PMan+UN oovKd bY tAis morlp~
p~, with ~II p~«niwns tMrwn p~+d in fuli, M Mw~anc~ In th~ uwal staedud P~k1? krrR M a swe +PProwd b~r tM MORiGAGEE. and windttann
1ruw~na M tM uswl staodud policy fonn, in • wm approv~d by th~ MORTGJ1GEf, tn wch comp~Y a ao~nP+ni~s a th~ MORTGAGEE m+y
dtncry ~nd ~q tin ~rd wind~wrm kaw~na polkia on ~ny of afd buiid'a~p„ ~r hhn~~ tFwrein or part tF~sof, in tM appnp+t~ ~wn da~id or
h~ ~xa~s 1M~wf. ahdl oontain tM wwl u~ndud mortyap~ clauw a ~ud~ wlw. d~ a ~M Morro~ ~n+Y rWuin• m~kinp tM ba w~da wid poli~
ctN. ~+d~ and ~wry. WY~bI~ b said MORTGAGEE a ib interest may app~ar. and ~acl+ and ~wry wch policy ~MII b~ p~anPfly ea:pnsd ~nd d~liwreJ w
a+y h~id by wid MORiCAGEE a furthw s~axifp to s~id m~xtyap~ debb and. not la~ th~n ten 1101 d~ys in adv+nc~ of tl+~ ~apir~tioo of ~ach poticy. to dr
liwr to ~aid MORTGAGEE • nn~wal tlwrwf. to~~hK with • nu~pt for th~ pr~mium of wch rsnwralJ and tMn ~hall b~ mo fin a wind~~am ir?swa+a
pl.ad on any o~ bvtl~nya, ~ny ha+~q thw~in w put ~h~.wf, unkss in ~M fam ~nd with tF» lou p+~raaW~ as afwa+idj uid tn th~ ~v~nt ~ny wm
of mw»y 6~ooi~ phrabN wwJK wch potity w polici~s aW MORTGIIGEE shall h~w tht option W nuiw and ~pply tM s+rm on +cauwN of tM inckbted~
n~u a~cw~d Iw~by a b pKmit s~id MORTG/1GORS 1o nniw and us~ M a any part thereof fo~ other purpwea, wi~hou~ tM.eb/ waivi~q or imp+iti
i~w +~r ~qv~h. lia~ or ~i~M u~la or.bp virtw of tF?b mort~+~t and in t1» ~wnt said MORTGAGORS shall for ~ny ?NSOn fsil fo kNp tM s+id pnmisss w
tnwnd. or fall b dtihra P~~Pth ~~1? of u~d Politi~t of inwrana ro said MORTGAGEE. w fs~~ w~v~h +o wr fi+~h +~+r w«~+~+ th.~.~o• « in ~nr
rssp~tt faN b p~rforn~ dfschary~ ~xawt~. ~ffM. oompl~t~, oompy with and abid~ by Nws aov~ewnt, or any put Aar~of, s~k! MORTGAGEE may pl~u aod
wy fw wd~ Maw~no~ w aM? p+tt tMnof without w~hinp or ~ffKtinp +eY cW~on, 11~n, pvity, a ripM wd~r a bY vtrtw of thb Matyap~. a+d tM
fu11 ~eno~wu of weA ~nd rw~y weA paym~nt shill b~ immsdiahly dw ~nd p~yabb and sh~ll b~ intenst fran tIM dat~ thawf vntU p+W at tM ~at~ ol
nins pa p~1wn pK ~nwim u~d to~etFw with wch interest ahall t» s~cvred by th~ lien of Mas nwrq~.
1, To pKmit. eonw~it a wff~? no ws~», M~pairm~~+t a d~tKioraYan of Nid prop~+tp w+ny p+N thawf.
5. To pqr ~II ~nd sNp~lat th~ costs. dMr~s +^d exP~^MS. includirp ~ re~~oewW~ ~tton+ey
s fe~ fnd oosb of abatwcts of titl~. Mwr?~d or paid ~t
any Nnw by wtd M~ORTGAGEE, b~cww ot tn tM w~nt of tM f~ilun on th~ pirt of tM s+id MORTGAGOR b duly. prompty and fvly p~rfonn, d'achuya
~x~cut~, ~ff~, oompbt~,, aoreiply with and ~bid~ by ~ad~ and wery th~ stipul~tiar apream~nts. conditions„ ~nd oown~nri of said promiswry ~ot~ and th4
mortyap~ any w eirM?. aod s~d caatt. dwp~s and expames, ~ach and wKy. ~hall b~ inunediately dw u~d p+yaWes wF?etMr or not tM.~ be notice d?
m~nd, ~tNmpt fo eo1Md or wN pae~d'inpt snd tM futl amo~nt of ~seh u~d aw~y weh payment ~hall bea? inr~st from th~ da» th~rwf until paid ~t tht
~ate of nlrn pK oantum per a~wx~ms ~ed all said oosti, tharpet and expa?ses iaairnd w paid. top~thar with wth inttnat, ~hall M s~u+nd by th~ li~n of Hw
~9+OR
b. That (aJ in th~ ~weN of aey 6had~ of this M«t~ap~ w d~fwlt on Nr paA of tM JNORTGAGOR, or (b) in th~ ~wm +aY of wid axm d nw+~Y
hsr~in nhrt~d ro b nof pranplly aed fvlly p~id within Ihirty (30) days nexf ~Ne~ ths sam~ sevaalty b~cam dw and p+y~bb. withow damand a ootic~.
w(~ In th~ ~wnt ead+ and ~wry th~ stipvbtioro. +prN.neen, conditior?s and coveMnn of said p.omis~ory not~ and tli~s matpp~ any w sithK ~n no1
ivly, promptlr aod fully pNfwm~l, dach+rped, ezecut~d, effected, cor^Pl~ted. ea+iP~i~d with ~+d abidsd by. M~n in ~itha or ~ny wch w~nt tM ssid aQ~
prpaH swin m~ntia»d in s~W pranasory not~ then rem~inir?p ~npaid, with interqt ~cawd, and ~II moasys ~scw~ifereby. aMll b~ooee» dw ud pap
abt~ fo?thwith, or tlwNftu, ~t 1M oprion of said MORTGAGEE, ~s fuly snd compl~t~ly u if all of the~aid auma of maa~r. wen wipiMlly ~tipulated
to b~ paid on wch d~y. aaylhinp te said promiuwy oot~ a tn this Mortpape to th~ comr~ry notwithstandinp; snd tMr~upon or thK~aftu ~t the option of
said MORTG/1GEE, witlaut ootia w d~enand, wit ~t law a in equiry. ther~fon a thKSahK be9un, may b~ pros~wt~d as if ~II aaMys weurd hK~by
had n?~tw~d priot W its irotitution. ~
7. TMt tn th~ want tMt d tM b~irr~inp of or at any ti~e pee~dinp any wit ~pon ttNS Mortya9e. a w fa~dos~ N, w to nfwm h, a to N+fwa
payment of aay claims hawoder, said MORTGAGEE shall appy to the Covrt haviny pxisdrction ther~of fo~ tM appointmeot of ~ Receiwr, wch Coun shall
futhwMh appoint +r noeiw~ of s+i~l mortpap~d property all u~d sinpvlar, includug all and imgvlar the incan~, proii», iuws and r~wnues from what~va (
wura dahed, tach and ~wnr o# which, it b~inp ~xpreuly understood. is hereby neortg~ged as if specificaliy s~t fonh ~~d d~suib~d in thi pr~ntirq ~nd i
h~bendw» clauws lynof, and wch Rec~iv~r shall h~w all the broid snd effective fw~ctans and powen in anyw~se entrusfed by a Court tp a RettivK. ~nd t
•uch sppointm~nt sMlt b~ mad~ by wch Cowt u an adrnitted equity aod a matter of absolut~ right w said MORiGAGEE, ~nd witho~t r~fennc~ to th~ •
edpu~ ot Mad~quacy of th~ whr~ of the propsrty mwtgsged w to tl+e sonrency w insofvency of ~aid MORTGAGOR or fh~ defendants, and th~t such ~
renn, profib, incwn~, issws and hveeues ~F~SII be applied by svch Receiver ~ccwdinp to tM lien or puity of taid MORiGAGEE and the pradia of wch
Court.
t. To duly, pnanptly and fully puform, discha~e, axecvte, effact, aaepk~e oomply with snd sbW~ by wch and wKy th~ stipulaY~on~„ prNrtwnb.
conditiom and oo~r~rwnb in s~id promlasory not~ and tha mortpaye set forth. '
9. Tlwt in tM w~M tht owMnhip of th~ matpped premises, a ariy parf thereof, beaomes vat~d b ~ pKwn oth~r 1Mn Nr NIORTGAGOR, fh~
MORTGAGEE, kt sucasaora and iui~f, m+y, wsthow notice. to tAs MORTGAOR. ded with wch svccKSOr a ~ua~ssor in interest with r~fennot ro this
mort9~ and th~ deW hereby tecur~d in ths same manner as with Mo.tyapw without in My way vitiatirq a d'ach+rpinp ths Mortypw~' Ilability her?
under a~wn th~ debt hKeby s~ared. No s~ls of the premises hereby mong+9ed ~nd no fabear~na on th~ put of tM MORTGAGEE w its waeuon
or eu~pro ud no ~xta~san of tM time fw the paymem of the debr hereby secured 9iven by the MORTGAGEE a in wceessora a ~ss~pm, ~h+ll op~nt~
ro r~leae, d'iuh~?p~, modl~y ch~npt or affett the uiyin~l liabitity of the MORiGAGOR Mrein, ~ither in whole or in pul.
10. It b sp.cifiully apre~d eMt tinN is of the essence of this cavr~ct ~nd tFw no wdwr of ~ny obtip+t~on h~rewKler or of th~ obllpatan t~
cursd Mnby sh~ll at ~ny ~in~ ~Mreah~r b~ heW ro be a waivK of tF+~ terms hsr~of a of tM instrvrnMt tecw~d hKby. •
11. In additan to tl+~ fors9o:ng monthly p~Yments of princ'pal and interest required by the promistory note set~red hereby. mortyagw oownanb
artd syrNS to p~y to mortpayee with e+ch monthlY payment sn sddirional sum estimated by mortyagee to be pu~l to 1/14 of ths annwl cost of ths follow- _
~
A-All real property hxes kvied or ~uessed apainst the sbove desvibed rc~l esbte.
B-Premiums on fim and windstorm insurance as herein requ~red ro be carried on the improvem~nt~ sitwte on ths above dewibed premises.
~j C-Premivmt on suth mortpay~ 9wranty insur~nce as mortgsyee sha0 from time ro time de~m fit to csrry on fhe loan secured hereby.
; Mwtysgae sh+l) from Yime to time notify mortgagor writ~ng of the amouro due snd paysbk ha~eunder and ~ucb wm shsll thereupon b~ dw ~nd i
~ pay~ble on the due date of the next ma+thly payment and each wcceuive month eherc~fter until mortgagee s!?all eatify mortg~por of a chsnpe In wch `
amount. Such sums sh~ll b~ +pplied by mortgsyee fowud the p~yment of re~I p~operty taaes. inwra~ce prem.ums, and mortyape 9uaranty imw~nce S
~ premium~. -
IN WITNESS WHEREOF, tiw s~id MORTGAGOR has hereunto set ha hand snd seal the day and ysu first ~faeaid.
~ Si ~d~ Swbd and delivar in th~ prtsenct of:
~-~J n
n
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STATE Of FLORIDA ~
St. Lucie
courm oF
~~,,,~,~~y,~,~ Lloyd Taylor and Clotilde F. Teylor. hia wife ,~,a
Elmer Hurley and Betty Hurlev. hia Wife -~y ;,,,ifw ro n,. r,n~~ krww,~ •r,d known fo me to b.
the tndiridwb duv~d ln ~nd who ~~wted th~ forepoiig instrvm~nt, and ackrawkdped befon m~ 1hN tMy e~t~wted th~ samt fw the putposes
~„d,~,...,a Clotilde F. Taylor, wife of tha aeid Lloyd Taslor end
rett?. ~f-N.~-wi+ ,$~-$UI'1B~ V~tB Gt t23Q S A i A $l mnr Anrt wv _~~pon •~epa.aa and pr~vaw
examination by n» t~ken a~pant~ uid ~part from Mr ~id husband, adcnowledped to and 6~fon me that shs exewted s~id imtrwna+t bedy ~nd rol~m
rarily ~nd witFwut arry oanpulsion. tonttr~ht, appteh~mion~ fear of or from Mr said husband. ~
wm~ss mr ~a ~,a ~ ...i ,~n a,,, ~ January - . n. o. ~v b7 `
~t`.~t~N1U~~~i~~~ ..,f ~y~._'-,w=.'~~ P'L~
~t r'j ~ Nauy Pvblk in ~nd for ths State of FbrW~ ~t tup~ -
;~t' ....;~'+ij M Conrnistion
'~~~'~`~'~q~'='- ~'ILEO AND tary Pub~ic, State of
F~wn~da at ~arge
F~~"•:~•~;~~~0'f+ ~~!11O" $T. LUCIE COUNTY F~pded ey
A~men~can
suree~C.oio't N. Y
- . ` f~: : a~C RD VERIFIEp ~i
N; ~~`G ' _ , " c~%.~G~
'%~C.' w ~ ~ ~~A7T 1 ~ P ~ ~
f~r~~- . ~ ~ ' S5 _ ;
J....', , /SI~l-~
~
~i:0~j'R a01TR4S
- Cl£RK CIRCUIT COURT
B~K~~ P116E V~ t ~
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