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To plao~ and coe~ttrNpusly kNp on ~M buildiegs nOw p hltNNN Nfu~N On Nftl IMKI lnd OR ~II lq~lipmlllf ~ pN~pMlly ppvN~ by 1N1 eWft¢
+W. witA ~11 pnmi~n+a tMr~an p~id in fuq, fir~ ir?suae~u i~ tM uwal stands~d policy forny in a sun+ ~pprowd by Nr MORTGIIGEE. ~nd wind~tonn !
~wana In tM uswl s~~ndud poGcy turt~, in ~ wm ~pproved by rM MORTGAGEE, te wch comp~ny w wmp~N~a a th~ MORTGAGEE naY ~
dr.set~ a~d ~II fin ud wind~wrn+ irowu~a policia oo ~ny of s~id bu~Winpp. ~enr intKat tAerein a part tF~wi, in tM apy~~p+t~ wm ~fwaaW a
in ~xaa tMe~of, ~lwil conqin tM uswl sqndud mor+gage~ claus~ w wch wFw ctaua~ ~s ths Mwtsa~e m~y ~pvu~. m~kinp th~ loas w+d~r s~id polF
titi, tatb and ~w~Y. WYabl~ to Nid MORTGAGEE aa ib interest may ~pp~ar, and Nth and ~very tuch poli~y sMll b! promptly us:pewd and dNivtr~d 10
+eY Mld bY s+1d MORTGAGEE a funha s~cvrity ro ~aid monpap~ debt, ~nd. no~ ku ~h~n 1M (10) d~ys tn ~dvana of tl» ~xpuation of Nch policy. fo d~
fivN 1p ~aW 1{I1pRTGAGEE ~ nrww~l tMfeof, top~rMr with a rec~ip~ fo? tM praniwn of wch r~newalj ~nd ~h~r~ aMll b~ no fu~ w windstorm inswana
pl+ad on any of ~aW bvildinp~, ~y interest tMrtin or put tFweof, un~u ia ~M fam and wi~h ttie loss p~y~bt~ as ~fa~s~idj ~nd in tM ewnt ~ny swn
o~ ~Y bKOnw~ p+y+bl~ w~ wch polky a potici~s said MORTGAGfE sAall Aaw tht optan ro rscrivr ux! appy tM sun~ on xcouM of tM ind~btrd~
i»sa ~cw~d Mr~r a to pKmit wid MORTGAGORS w nceiw ud us~ It w~ny put the.eof fa o~he. pwposes, wi~how thereb~ waivin~ a imp~ir-
~g +~Y ~Wib. ~i~ a ~~pt?t w~d~? or by viMw of this mortpa~e: a+d in tM ~va?t ~aid MORTGAGORS sMll fw ~ny rsason fail to k~ep tM sa~cl pnmises so
ira~nd, a fNl b d~fiwr promptly any of said polic;es of inswsnp ro s~id MORTGAGEE, or fail promptly ro p~y futlr sny pr~mium the~~for w In any
r~sp~ct fdl b p~r(wn~, dischuy~, eaeab. ~ff~ct. comPl~t~. complY vrith ~nd abide by this ooveMnt, a ~ny put herwf, s~id MORTGAGEE m~y plac~ ~nd
P+Y ~+~d~ Gaur«+a o~ +ny p~rt tMrwf without waivirg a aff~dino any opNon, Ii~ry puity. a ripbf w~dN a by rirtw of this Matpsp~. ~nd the
full amou~q of t~d~ ~nd ~wry such p~rrn~nt shall be immed'utely dw aod pay~bl~ and sMll btu int~rest from th~ dat~ thawf wntil p~id at tM ~at~ ol
n~M Pa amwn pM a~rwm ~nd tog~ther wirh wch intetes~ shaU be ~cvrod by th~ li~n of this mwtpap~,
to p~rmlt, commit w wff~r no wut~, in+paLma?t a deterioation of said propKty or any put theraof.
S. To pay all and sGputr tM oosts, cha~es u~d expaues, includinp a reasawbl~ atto?ney's fes and cosn of ~bsn+cts of titl~. incwr~d a p~id tl
~ny tim~ py said Iy1pRTG11GEE, b~caus~ or in th~ ~vent of the failun on !he pan of th~ said MORTGAGOR to dvly. prompty and iv~h pafwm, d~scM.9~
~xea?te. ~fhd. complN~, comply with aed ~bid~ by each urd evcry tM stip~dat~ons, apreemeots, cond;rioru, and oowr~snn of sa;d promiuory na• and ~h;s
rnortQap~ anr w~itha, ~nd s~id cost~„ dwrpes arw! expensei, cach ~nd ~very. ~hall b~ immediately due ud payablet wheths? a ~ot tAer~ b~ ratio~ d~.
m~^d. +„~t to aolMct or wit p~ndirgj and th~ full arnount of ead~ and ewry wch p~yment shall bea. int~rest f~om th~ dafe tFweof umii p~id at t!w
ra!e o~ ni~y pK c~nt~ per ~n~wrr~; u~d al) sad cost~. clwrya and expenses incwr~d a p~id, top~ther with wch inttr~st, shall b~ s~a~~d by tht IiN? of 1hi~
n'°rtp+p~,
6. lfwt in Nr tvent of ~y brNCh of this MwtgaQ~ or def~ult on tFr p+n of t!?~ MORTGAGOR, a(b) in th~ weat ~ny of s~id wms of moMy :
her~tn nfv[~d ro b~ oot prompfly and fully paid wirhi~ thirty (3p) days nexe after th~ same xverally becoms due u~d p~yable, without d~mar?d or notite. :
o~ (d 1~ 1h~ ~wM ~ad~ ud every th~ sNp~?latiorn, sgreem~nri, conditions and covensnn of ss~d promis~ory n~te and this mwtpap~ arnr p~ithar ~re ~wl i
~"ly. P?ar?P~Y ~nd fi+lh Ps~famed, d~scMr9ed, execufed, effected. completed, complied with ~nd abided by, thsn in ~ither or a+~y wch tvenf tM said aQ~ ~
preyit~ swn rewntioned in s~id promiuory note then ~emainin~ irnpaid. with interesl ~arued, ~nd a11 moneys secvred. hereby. ~11 beoaee dw ud p~y~ ~
abl~ forthwith, w tFwrsafta, ~t tM option of said AIIORTGAGE@, ~s fully and comptetely as if all of the ssid s~ma of mawey were aipinally ~tipulated
to bs paid on such daY. +~+Y~~O ~ s+id Pro~?isswY no?e a In this AiwtyaQe to tM contiary notwithstu~dirg; agd thueupoe a there~her at tM oplion of k
•~id NIORTGAGEE, without notic~ or dem~,?d, wit at law w in equity, therefore or tMreafier begw~, mar b~ proiecw~d ~s ff ill maKys ~pud hereby `
hail enatw~d priw to its imtitution. ~
7. Th~t in th~ ~wnt th~t at th~ beyine~ing of w~r any tim~ pending any wit upon tha Mo.rgap~, w to fondo~ h a to nfam h, a to Mfora
P+Y~?~ ~+ny daims I+weund~r. ssid MORTGAGEE shatl sppN to the Cw?~ having jw~sd~nion thereoi fa tM appoi~tr~t of a RKmve~, wch Cou~1 sMll ~
fwthwhh appoiM s nctiw~ of sai~l mortpaped property all ~nd singular, inctud~ng atl and sinqulsr tM incoms. profin, iuut~ and rewnues from whattwr ~
sown d~ri~ad, each and every o~ which, it beinp expressly unders~ood. is hereby matgaged as if apeciiically set forth aed described ~ thi prsntiop and }
hab~ndum daw~s herwf, and wch Receiver sMll have stl the broad and effective fvnn~ons and powen io a~ywisa entruued by a Covrt ty a R~oeiver. and
wch appotntm~nt shall be made by wch toun u an ~dm;tted eqvity a++d a mstte. of abwlufe rgM to s+id MORTCAGEE, and wi~hout refereno~ to th~ °
adpu~cy or insd~q~acy of the v~lw of the property mortgaged er to the wlvency w~nsolvency of said MORTGAGOR w t1?e defendants, and that such
renb, profin. incane, aiues and r~venues slNll be spplied by such Receiver accwd~ng to the lien or equity of s~id MORIGAGEE and the practia of such ~
Covrt.
8. To drly. poomptly ~e~d fulfr perform. discharpe, execute, effect, compktt, comply with snd abide by esch u~d ~vary th~ stipulaYwns, a~ream~ms, t
conditioos and ooven+an in said promhsay note and this moregage set fwth. - t
9. TMt in tM ~vent the ownenhip of the ewrtgayed premi:es, a a~iy part tl~ereof, becomes wstsd in s perton other tiwn the MORTGAGOR, the ;
MORTGAGEE, ifs wcceason and auipm, may~ without notice to the MORTGAOR, deal with such successor p~ucc~stw i~ interest with rtferance to this j
mwtyap~ u~d the debt hereby satwed in the same manner as with Mwtgsgw without in sny way vitiatinp a diath+rying the Mwt~s~ors' li~bitiry h~r?
vnder or upon tFa debt hereby secured. No sale of fl~e premises hereby mortgaged ~nd no fabeawnd on the pan of the MORTGAGEE or i» suocesson
or ~uiyru and no eztension of the time fw the payrr.ent of the debt hc.eby secured given by the MORTGAGEE o~ in sucteuors or sssigns, sha11 operaq
ro r~Mas~, dischary~, modify cMnge or affect Ihe wig~nst liab~lity of the MORTGACaOR hereiry either in whole a Fn p~t,
10. It is spedfiully apreed that tims b of the euence of ~his contract and 1Mt no waiver of any obl'~gation here~nder or of ths obl~~tion ar
cvr~d h~r~by a?wll at ~ny tin~ thereafiK be held to be a waiver of the terms herwf a of tM irutrumsot secw~d I~by.
11. In add~Ywn to the forego:ng monthly paymeMS of princ'pal and ioterest reqvired by tlx promissory note secured hereby, mwtgsgor apv~nann
and apraes fo p~y to morfysgee with each monthlY payment an addi?iona! svm ptlmaled by mortga~ee fo be equsl to 1~12 of the anrwal cost of the follow-
ing:
A-All ~eal property taxes kvied or assessed against ehe above descri4xd real eatate. ~
8-Premiums on fire ~nd windstorm insvrance as herein requ~red to be tarried on tFx imptovements situafe on the above desvibed ptemites.
C-Premivms on such mort9ege 9uerenty i~surar+ce as mortgagee shall from ~7me to ti,ne deem fit to carry on the ban secured hereby
AAwfpagee shall from time to time notify mortgagor ;n writing of the amoum due and payabte he~evr?der and such sum shall thereupon be d~e a~d
PaY+b{s on the due date of the next monthly paymenf and each successive mon~h thereafter ~r.fil mortgagee shall notify mortgagor of a chsrge in svch
amount. Such swns shall be applied by mo~tgagee toward the payment ot reel property tsxes, insursnte prem:ums, and mort9age 9uaranty iiawsnce
premiwm.
IN WITNESS WHEREOF, th~ stid N10RiGAGOR hu Froreunto set his hand and sesl the day and ye~r fint afwesaid. -
Sip~»d. Seabd 1 in N+~ esencs of:
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rc--o i
STATE Of FlORIDA ~ '
St. Lucie u-
iourmr oF
e.fo.. a+. p~nonsny .pp.,..d Lloyd Tavlor
(`.l nti 1 dA F'~ Ts~l nr his wile, to me well known snd known ro me to be
tl~e individwb desvibd h and wFa exacuted the foreyoirg instrwrNnt, and acknow{edged before me that they execvted the same fw tM purposes ~
•=w•~. n~a C oti ~ de F. Tavlor
wife of tM wW L103C(~ TB~ZOZ~ - , upon a sep~rafe ~nd priv~t~
ex~min~tion by me t~ken separate and apart from her ssid husba~d, sdu~ovvledged b and befwe me th~t she sxecuted sa;d irotrument freely and volve?~
rarily and withaA u~y oompulsion, oonstraint, appreiNenion~fear cf or from het said Iwsb~nd.
w~rr,ESS m,? ~,a .~,a ~~.i .e.~ r~s ,l~-`= a.,, ~ Februarv 6
. /1. D. 19~
?l-a..~.r/
_ FII.ED ANO RECORDELI~ ~k ,~~+d
af the Stare of Fbrid~ tary~ - i
. .
~ ST. LUCIE COUNTY. F'i.A. ""y ;
Fint F~tiM6rqs: io+4 Auocl+rion
RECORD VERIFiED '~~~~r~ State ot rlorida at ~ar~:.
a r-- ' ~ S - Comms~:on Exp:~es March 18. 1908
~3A
Y_~_~`~'~ ° l~,' ~-y~- Bondecf F~y ;,rner::sn Su?ety Co. of N. Y_
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~~,.~.`1 ~t~G~R i~OcTR~S
.ri ~~~t _ CLERK ClRCUIT COURT ;
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~ ~ ~ BOOK 164 PACE182O
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