HomeMy WebLinkAbout1162 4 S f .
S. To pba and comMua+s1Y kHP an tM buildinp~ now a Iwwha awaa o~ s~td land s~d on ~II ~qulpn~nf and pKw~+~b oov~nd b1? ~~~P
•pw wi~h dl pnw~iunr tlwwn p~id in h?il. Hh inswu~u in tM vswl sueda+d Polic~r iam. in • swn ~pprowd bY tM MORiGAGEE. ~nd wi~rn
ira~w~na in Nr usv+l ua~dard pol+cy fart~ b a wm ~pprowd by ~M MOItiGAGEE. ie wch comp~ny a caeparda a tM _ MORTGAf3EE m+Y
d~net~ ~e?d ~q fin and winds~wm insur«~ pol~eih on ae?y of s~ii huildinp~. +eh? hhr~i~ tl+~rtin or put tM~wf. in tM y~~p+t~ swn ~ioraaid w
M~xas~ tlwwf. sA+ll conqh th~ uswl standard monyayee daw~ w wc~ oalw~ dauw a th~ Morro+pM maY h4ain. m~kinp th~ bss wda ~aid polE
ciN, e~ch and wKy. p+v+b~ w aM N?01tTGAGEE a~ ib imenst may app~a~. M+d Nch aew! ~wry such policy ~MII b~ pramptly ~sf:p~ed and d~livK~d w
•ny M1d by s+~d N10rt1GAGEE ~s fuNiwr securtty ro saW morysp. deb~. ind. not I~w tMn t~n QO) days in a~lvar~a of th~ ~xpiration of ~ach politl?. to dt
ItvN W Nid N{ORTGAGEE a ramwa! tharwf, top~thK witfi ~ naipt fa tM pr~miwn of wch nn~walr ad tMn sh~ll b~ ro fu~ a windstam 4uwa+a
pland on any of saW b~lidi~g~, +nY i~+tKest tMr~in a put thenof. unlsss in tM fwm and with tM loss p~yai~ aa ~fw~~dt and in th~ ~wet ~e1? ~wn ' .
of nwn~y b~coenN p~yaW~ wder wch polky a policies ~+~d MORTGAGEE ah+ll haw th~ opfton w naiw uid ~pply tM s~me an accowN of tM ird~bted~ i~
nsss w~w~d I~~by a b p~rmit s~id MORTGAGORS ro reaiw and wt h a any part Ihereof fa ahn qxpo~es, wi~hout tFiereb,l waivinp w impair-
+~l? pvfi?. ~ia+ a r'ght w~da or by vinw of this mortyapet and i~? tl+~ ~vMt said MORTGAGORS sMll fa w+y nason fail to k~p th~ wid pNnaa w
insured, a faii b d~livK promptiy any of s~id poi~ci~s of irour~nu to saW MORTGAGEE. « r~~i ao~nPdy ro Pay tutN +e~r pren+ium ths~efa « i^ +^Y =
r.sp~ct fall a pufwrn. dixh+rp~. ~x~wt~. eff~ct. ca*PMt~ comply wi~h ad sbid~ bp tha oov~n+nr, a airy part M~wf. said MORTGAGEE nwy plaa aed
wt
P+r for wch irowanc~ w ~ny put thueof without walvinp ar aff~ctinp anY option. ~ien. puhY. a ripM w+dw a by vi~1w of thb MwpaQ~, and the .
lull ~na~At of ead~ ~+d fwry such paymKn sh~n b~ inr~ediattly dw ~nd piyabl~ and ~hsll b~u irMerst frwn 1M d~b tMt~of until paid ~t th~ nt~ of -
ni~ pat pntum p~t airwm ~nd togtthe? with stxh interest sMll be secvred bp ti+s iiu~ of th4 nlort9pt. .
4. To pKmit, oomnit or wffa no wast~, h+Wirment or d~tNior~tion of said propKtp or a~y part tMr~of. ~
.S. TO piY i~~ M1d i~11QY~if 1~M OOl11~ C~Mf9lS M1d ~7[~l1W~r ~IIC~tId1110 i ftifOMb!! a!!~'~'S f..~ rw11 C0~1~ OF ~!~!i W(H~ ~1
a~y tim~ by a~id MORTGAGEE, bKws~ w in th~ svent of tM f~ihin on tAs part of tM ~aid MORTGACaOR b duly. pro~npNY +nd fulh PerM~~n, dix~rp~
execvte, ~fkct. aompkr~, comply w~th u~d ~b;de by ead~ and wery the sY~p~rlatioro, apreemenn, conditiaa, snd aowaants ot s~id promis+ory"noN +nd ~his
morry~ ~r a ~itha. and s~id cos». dwrpos and expa+~s. exh and ~very. sh~N b~ Mrnediarely due ~nd payabbt whether a not ther~ b~ notio~ dr
msnd. anemp~ fo odl~ct or wh p~d'inpt and tM fvll a~no~nt of ~xh and wery wch payment ihall bear Mt~?at from th~ daN tMnof until p~id at tM
rate of rww per tN?wm per wwm; u~d ~II said cost~, chu~s +nd ezp~r?ses imxred a paid, top~thsr w~th such int~rat. aMll b~ Ncwd by tM IiM~ of this
,r,aro.~.• . ~ •
b. That W in tM ~wM of any b?~ach of this Mwt~sp~ w def~~lt on tlr paA of ths N10RTGAGOR. e? (b) in tM ~veM an~?~ of s~id wreq o# ma+~y
herein nferred ro be not promptly u~d futly p~id within thirty (30) dsyt nexf after ~he ~anw severalty betom~ dw ~nd p~yaW~. vvtthoul dan+i+d o? notke.
or (c) in the ev~em ~ach ~nd every fhs stipi,latiaw ayrMenent~, cond~tio~s and oown~nts of sa~d pranwsory note and tha morlpap~ ~n1? a~itMr ah no1
i„ty, piomprly aed fvly perfam~d, disclwrped, executed, ~ifecnd, compl~ad. oanplied wi~h and sb"~ded by. flfM M1 fH/Mf Ot M1y atKA ~Wnt tM Mid
greg~te sum mentioned ie s+id promissory note thea nmainiop unpaid, with iMertst ~caued, and all mo~eys ~KVnd htnby. ~II b~aome du~ and p~y~
nble forthwith, or th~rsaher, +t the option of s~id MORTGAGEE, ~s f~lly and canpktely as if •11 of the said wms of mon~y w~n a~pina~ly ~tipul~ted
ro be paid on wch dsy. anYthinp in sa~d promiu«y nae a in ~ha Mor~paye ro~hs conrr•ry norwirhsundi~pj and ~he..upon or thereaf~.r N+. op~an of
sa~d MORTGAGEE, witho~t notice or demsnd, wit et Iaw or in equity, therefon or thertafter begun, n~y be proteartad +a if++~~ moiwY~ ~cvnd l~ebY
had mahrred ptior to ib i~titution. •
~
7. Th~t in N~e event that at the beginning of w st sny teme pendinp any wit upon this Mortgape, or to fw~clw~ it, or fo rttorin it, a to anfo?o~
payrncnt of any daims hereunder. ~aid MORTGAGEE shall spply to the Covn havirg jurisd~ction thereof fa tM ~ppoietmsnt of a Rscttver. s~xh Co~rt sh~ll
forthwith appoint a receiva of said martgaged poperty atl snd sirgulsr, ~ncludmy all and singulsr fh~ inooree, profits, issues and r~vuwes fran whst~wt
wurce derived, each and every of which, it be~np expressy u~+d~stood, is her~by mwtgaged u if apec~fiutly Nt forrh and da«ib~d in tM p.anrirg ~nd
habendum davses hereof, u~d such Receiver shall lave all the broad u+d effective functiom a~d powen in ~nywits entrusted by ~ Cowt tp ~ Reuiwr, and
euch sppoirtment shall be made by such Cowt ss an admined equity and s m~tte? of absdute right to wid MORTGAGEE. ~nd without nfennet to tM
edequacy a in~deqwcy of the value of th~ properryr mo?tg~ed or to the wtvency or insdvency of said MORTGAGOR or th~ defe~dants, and thst such
ren~s, profits, income, iuues snd revenues shall be spplied by wch Receiver ~ccwdi~y to the lien a puity of said MORTG/~GF# and th~ pndio~ of wd~
Court. _ .
8. To duy. PromPtly and firllp P~rfwm. d'ochsrye, execute, effact. canPkte, complY with and abide b~? e+cfi and wKy ih~ atipul~tiom,, ayn~msnts.
conditioAs and wve++ants in said promissory ~wt~ and this mwt9ape set forth.
9. TAat in the ewnt tfis ownership of the mortgaped Premiaes. or +nY P+A thereof. beoanes wested M a p~non othN t1Wn the MORTGAGOR.. th~
MORTGAGEE, its successors ~nd assiy% may, without notica to the MORTGAOR, deat with such s~ccasor or waes~or in imerest with refer~noe to th4
mortgag~ and tl+e debt hereby sscvr~d in the same maiw~er as with Mortgagor without in My w+y vitiatinp a diach~rpinp th~ Morty~t' (i~bility herr
undcr or upon the debt hereby secured. No s~le of th~ p~emises hereby mortyaped ~nd no fwbeu~~oe on tM pNt of tM MORiGAGEE ot its waesson
or assigns and no exte~sron of the time fw ttK payment of the debt lxreby secured yiven by tFK MORTGAGEE w its succ~ssors or assiytu, shall oparat~
ro release, discharge, modify chanpe or affcct the original li~bility of the MORTGAGC)R herein, either in whol~ w ln put.
10. It is specif'~cs~ly agreed that time h of the esxnce of this eontract ~od th~t ~o waiver of ~ny obliystw~ Mr~w~der or of ths oblipation s~
cvred hereby shsll at any time theresfter be heW ro be a waiver of the t~rn~s hereof w of the instrument secwed Fw~by.
11. In additio.~ to the faego:ng monthly psyments of princ"pal and interest required by the _pran~sswy nots secured hereby, mortg~gor covenants
and agrees to p~y to mortgagee with each monthly payment an additionsl swn es!imated by mortyagee to be eqwl to 1/12 of ths ar?rwal tost of th~ follow-
~9:
A-All real property taxa kvied or assessed against the above described ~esl estate.
d-Premiums on fire u~d windsform insuratue as herein requ;red ro be carrieil on the improvemenn situs» on the above desaibed premises.
C-Premiurris on uxh mwtSage 9wranty iiuurance as mortgsgee shsll from time to time deem fit to carry on the lo~n setu~ed hereby. -
~ Matgsgee shall from time to time notity mortgagor in writing of the amount due +nd payabk herevnde~ ~nd wch sum shsll therwpon bt due and '
~ Fayable on the due date of the next nwnthly payment and each svccessive month thereafter until mort9agee shsll nofify mwtgagot of a tharge in such
amount. Such :ums shall be applied by mwtyagee toward the psyment of real property taxes, insurance p?em:ums, snd mort9s9e ~wranty Imw~nce
~ premivms.
IN WITNESS WHEREOF, the said MORTGAGOR hss herevnto set his hand and seal the day and y~ar ' t afor id. _
Sipna~, Sealad d Ii in 1he esence of: •
n
~
~
~
rs.n
STATE OF ftOR1~A ~ ~ ~
cour,Tr of st. Lucis ~
i
LlOyd TeylOr ~
C10ti1dC F• TBylol~ his wife, ro ~ we~~ wwM?~ a~d k~~ to ~+o ~ ~
- the individwb described in and who ~xewtad the fora~any instrwrwnt, and adcnawtedyed before ms 1F~tt th~y ~zsamed tFw sarns for th~ pvrposes ~
therein ~[pr~ss~d. Md 1FN saia ~i~.Oti~lde F~ Taylor '
wife ot rt~ ~~a - Lloyd Taylor - . ,.p.?,~ ,~a ~
examin~Yan by me tsken sep~rste sod spsrt from her said Iwsb~nd, aduwwledped to and beforo rrN that sM exewted said irotranentfrealy and voluo- ~
~ariiy snd witho~t arpr computsion, oo~straint, ~pprehension~yr fesr of a from har said hv~bsnd. L.~
WIiNE55 my Iw+d and officisl u~l thn d~y of March , A. D. 19s~_~__
. sry Public in and fw th~ Siat~ of Norida at larp~ -
" y commasia+ txpires:
.~~~!u;n Ta.. . • •
F~ra F~Y-~a~.,~s.'~.,~o~: A.s«Nrpr~ Not:+ry Pub~~r~ g~...~ . t,--~ li~
/
~ bc.~ar~'P .~fr,; MY Comrr.~..~:a~ c : ~ -
1~ fon Pi.?c.,'Not~¢.- Bondea 8y.t:n ~y ~ / i
:r. Y.
. ~~i p
~ r. FIlEO AND RECORDEO - ?
= ~ : - : ~ 8T. LUGE COUNTY. ~L.A.' _ _ `
- = ~ ; ~ _ RECORD VERIFIEb - _
~ f~-11 C L;= t- t_ U..• L r'~
. a ' ~ 154245 ~ ~ DOCUMENTAn~ ;
t. ~ ,
_ . ~STAMP TA!(
: . . , r _ ;,'v~~=~va,-------._..~
"''•''r''' - - • ~ ...n ~ 19 ~ - twtrr~~'-~;_;...-f
' ,'~~~i~~r• i=; . I• ~ ~ • N (,7 ~ ~ ~ ~ ~
. ~ e~~~ C~OLLER Q ~
N~. .0138 ~~;'~-'~~s _
~ ~ i~O~ER POiTRaS _
LERK CIRCUIT COURT ~l ' ~
. , ~ R ~.65 PA~~.~.59 ~.f ~ :
1 - . BOOK . _ . ~ _ ~
- ~j4 *
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