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Home My WebLink About2379 t, ~ t' ~f ~ ` • + ; ~ t' ~1 ~s ~ " To plac~ ae?d continuowty ke~p on tM bu~ldings now w here~ft~r ~itwt~ on s~id land +~d on ~11 equipr~nt and p~+son~lly covKed by this mort¢ we, with ~11 premi~rru tl?aeoe~ p+id in full, fire ins~rance in the uswl standard polity form, in • ium ippco~~d by tM MORTGAGEE, and wind~tam inwrantt in tM ~wl ~t~ndard policy fam, in a ~um approved by tM MORTGAGEE, in such company w tompaniK a tM lNORTGAGEE may d~recti ud dl fir~ ~nd w'u~dsrorm in?w~nce polic~es on any of said buildinps. ~ny int~r~st tF~erein w put 1Mreof, in tlw +~qrepa~~ wm ~fae~aid w In ~xcea therwf, sMll conuin the uwsl stu~dud mortgagee clause u such o~her clauis u ~M Matgagee may rpuu~. makinp tM los~ unds~ said po~} cies, each and ~wry, Fayabl~ to said MORTGAGEE as its iroerest may appe~~, and each and evcry auch policy thall be pranpt~Y us~9^ed +^d dtlivered to ~ny Mld by said MORTGAGEE ~i funhN accurity to s+id mor~gage debt. and. not leu tha~ t~~ (10) d+YS in advaece of ~he exp'uation of e~ch polrcy, ro da I~ver to ~aid MORTGAGEE • renewal therwf, toyeth~? wi~h a rece~pl for ~he p~am7um oi tuch renew~l; sr+d tlxr~ shall b~ no fire o~ windstwm i~sv~~~c~ pleced on u+y of s~id buildinp~, sny interest there~~ w psrt thereof, unless in the fwm and with the lou paysble +t aforesaid; and in ~h~ ev~nt any sum of money becom~s paYabl~ u~ such policy w policiei said MORTGAGEE shall have ~he optan to receive and spply the s+me on acco~nt of tM indebted~ neu ~KVretl hertby o~ b permit said MORTGAGORS fo rKeive snd use i1 p a~y part thereof for othcr pu~poses, without thereb/ waiving or ~mpair- infl any p~ity, lien or riyhl u~de~ w by virtue of this morsgage; +nd in the event taid MORiGAGORS shsll for any ~esson i~il to keep the s+~d premisei ~o insu~ed, o~ fail b dtliver prwnptty ~nY of taid polities of insursnts to said MORTGAGEE, w fail promptly fo pay fully any premium therefor w in sny t~spect f~il b p~rfwm, d'~scharyt, sxecvt~, effed, compl~te, comply with u~d ab~de by this covenant, a any part he~eoi, said MORTGAGEE may pl+ce ar~d paY fw such inwranc~ or +ny put tMreof w~thout waiving w affectinp any optwn, lien. equtty, w ripht vnder w by vi~tw of this Mort9a~e. and the full ~mount of tach and w~ry svch payment shalt be immedi~tely dw +nd payabl~ u~d shall beu interest f~an tM dat~ theroof until p~id at tM rat~ of n~na per c~ntwn per annum and togethe~ with such i~~erest shall be secu.ed by tFw lie~ of this matysg~. 1. To permtt, canmit w wffa ra wute. impairment a deterioratan of said property w any p+rt thereof. S. To pay ~11 and sinp~lx tM cosri, ch+rges ~nd expenses, includinp a reasonable attwney's fee and cwts of abstracn of title, incuned w paid at ~ ~ ~ny ~ims by said MORTGAGEE, betause a in the ~vent of tl?e failure on the part of ~he said MORTGAGOR ro duly, promptly and fully perform, dixhar9R , ~xecut~, ~ffacl, compl~t~, oomply with and ~b~de by each and every ~he stipul~tions, agreemeros, co~ditioru, and cover?anrs of said promissory oote +nd ~hi~ i mortpape ~ny or ei~hea. ~nd said oosts, cMr9es ~nd expenses, e~ch +nd every, sMll be immediatety due and p~y~ble: whethcr w not ther~ be r.otice da ~ mand, ~H~mpt to oolletl or suit p~ndin9s ~nd tM full amo~M of each and every svch p~yment thalt bear interest from Ihe date thereof uMil p~id +t th~ rate of nir» p~~ cenwm per aruwm; +nd ~II said costs. chargcs ~nd expenus incwred w paid, together w~th such iMerNt, shall bs secured by the lien of thu ~ morty~p~. ~ ~ 6. Th~t (a) i~ tM ewnt of aey bre+ch of this Mortyag~ or daf~ult on the part of the MORiGAGOR, a(b) in the ~vent any of said swns of money henin nfKred to be not prwnpNy and fully paid within th~rty (30) days next after the same severally betome due ~nd payable, withovl dem+nd a ootite. or (c) In tFw ~wM e~th ~nd every the stipulations, agreements, conditions and cove~unn of ss~d promiuory note and ~h~s mort~+ye +ny w either are no1 iuly, prompNy and fully perfo.mad, dixh~rged, executed, effected, completed, complied w~th and abided by, then in e7tM? w any such event tM said ag ; gregate wm m~nYan~d in qid promissory oote then ~emaininp unpaid, with interest acuued, and all moneys secured Fxreby. ~ha~~ beeo~+e dw and psy~ ` ~bls fo?thwith, or thereaft~r, u the option of aaid MORTGAGEE, ss fully and comple~ely ~i ii all of tF+e said sums of maxy were aiginrnlly stiput~ted to b~ paid on s~ch day, anythiny ln said promissory note or in this Mortgage to the contrary notwi~ha»ndirg; ~nd thereupon w thereafter a~ the optan of ~ald MORTGACsEE, without notit~ or dem~od, suit at Iaw or in equity, therefore or thereafrer begun, msy be {xosecut~d u if all moneys setured heteby hed matund p~ior to iri institution. 7. That in tAs eve~t iMt at tM be9inning of w at any time pending any suit vpon this Matg+ge, or to fonclos~ it, or ro reform it, o~ to enforp payment of any daims hereunder. ~aid AAORTGAGEE shsll apply to the Court having jurisd~ction thereof for tks appointment of ~ Receiver, wch Court shall forthwNh appoint • receiva of ti mwtpaged property all ~nd sing~lar, inclvd~ng alI and singula~ the incom~, profits, issues +nd revenues from whatev~r ccurce de?ived, each and w~ry o~whith, it beinp expressly understood, ia hereby mortgaged as if specifically xt farth and described In the 9ranting and habendwn clausa her~of, and such Receiver sF~all have all the broad and effective funct~ons and powers in snywise e~+truited by a Court ty a Reteivsr, ~nd ~uch sppolntmenl ~hall b~ made by such Court as ~n ~dmitted eqvity aod a maner of absolute right to s+id MORTGAGEE, u~d without referenct ro tM adequacy or inadpwcy oi the v+lue of the p~operty mwtgaged e? to the soivency w insolvency of sa~d MORTGAGOR w the defendann, and that such rem~, profits, income, issu~s and rwenves shall be applied by such Receiver according to the tien w equity of uid MORTGAbEE and the practice of such Coutt. 8. To dvly, promptly snd fvlly perform, dischar9e, execute, effect, completa, comply with and sbide by each and every the stipvlstions, agr~eme~ts, conditioro and aoven~MS in ssid promissory note and this mortgage set forth. ' 9. That tn ths evenf the ownership of the mwtgaged prem~ses, or any part thereof, bccomes vested in • penon other thsn fhe MORTGAGOR, ths MORTGAGEE, ib successon ~nd sui~ns, may, without notice to the MORIGAOR, de+l with such succsuw or wccesso? in ~merest with referente to this mortyage ~nd TI~ debt hertby secured in the same manner as with Mortgagw withovt in any way vitiating w dixharging the Mort9sgon' liability here- --Qr.der or upon tM debt hereby secured. No ssle of the premises hereby mortgaged and no (wbearance on the part of the MORTGAGEE w in succe~sors or essigns ~nd no eztension of the time for the paymem of the debt hereby secured given by the MORTGAGEE w its sutcessors or ~uigns, shall operate to reteue, disch~rpe, modify chsnge w affect the original liab~l~ty of the MORTCaAGOR herein, eit}xr in whole w in part. 10. If la specifiully agreed that time is of the esxnce of this contrad and that no waiver of any ob~igatioa hereunde~ or of fhs oblip~f'an se- cvred hereby shall ~t any time thereahar be held to be a waiver of the terms hereof p of the instrumeM secured he~by. ` 11. In addition to the fwego:ng monthly payments of princ"pal and interest required by the pronussory note secured hereby, mortgsgor tovenants # and agrees to p+y to mongsgee with each monthly payment an add~rional sum estimated by mortgagee to be equ~l to 1/12 of the ann~al cost of the follow- i ! ing: - - A-All real property taxes levied or assessed agai~st the above deuribed real estate. ~ 'i B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvements situate on the above described premises. ~ C-Premiums oe such matgsge guaranty insurance as mortgagee shall from t~me to time deem fit to carry on the ban setured hereby. I E Mwtgagee shall f?om time to time notify mortgagor in writing of the amount due and payable hereunder snd such sum shall therevpo~ be due and Fayable on the due date of the next monthly payment and each successive month thereaffer urtil mortgagee shall notify morlgagor of a change in such E amount. Suth sums sh~ll be ~pplied by mortgagee toward the payment of real property ta:es, insurante prem:ums, and mortgage ranty insurance oremiums. ~ IN W E ssid MORTGAGOR has hereunto set his hand and seal the day and year ' aforesaid. x ~ 5' d. 've~ in tht presencs of: / ~ _ ~ ~ n 3 d - ,q ~ e ~ ~-n ~ f STATE OF FLORIDA ~ COUNTY OF St. LLlC~A ~ ~ ` i Before me personally appearcd Dou~las N Taylor .~a ~ ~[~hal R Tevl Ar _ ha wife, to me well krawn and known to me to be rhe individwb described in and who e:ecuted the faegany instrument, and acknowl ed before me that the executed the aame for tF?e purposes thzrein exprested. And the said ~abel R• T831~OP wife of the said ~OL1Rla9 N• Z'A`JZOI' _ upon a separate and priv~te ~ exam~nation by me taken sep~rate and spart from her ssid hus nd, acknowledged to and before me that she executed said instrumeM freely and volurr rorily and witlwut any compulian, conshaint, apprehension~sr of w from her said husband. ~~7 WITNESS my haod and off'rcial seal this day of Februar A D. 19J.- ~ °f - ~ • . • Notary Public in snd for the St~te of Florid~ at larpe My Commiuion ~xpires: ///3/~ ~ Return To: ~ Fint Fed..a1 sari~s d. losn As~otiatan N~,Zry Publ:t. Slat~ ~t Honda at la~ge . Of Fort P~erce. RpEQ ~?y Cornmisswn Exp:~~ ~~r,,3.~ ~'9,; ~~';J~:,, b • ~ rn.~ v~r«. F~a~da ANp REC,4,~Y ~Lp. 6vaud "t1 Af'x:.:~o iae S Ga~ `k'~~1 i - s.~LLV~tE a~V R~F~~~ . _ . _ ~ • ~~r~'W{/~ r` l ••,r ~F.C~R ~ = . ; nZ•~ a n . ~ 2'S3 " ~~i{i°~~. ~ ~ E~.B 2~ P 3~ , 61 R53a _ -.o;z ~o~ai r~ERK CIR~V~? $ ^ BOOK 164 PAGE~J ( 5 " s ! ~ , , - - - - - n~= a . ~ Y ~ ~ `""e_3