HomeMy WebLinkAbout0368 To pl~a and conti~wiousy ks~p oo buildinps now w hK~~ftK situs» on taid land ~nd on ~II puipnMt ~nd p~r~ondly oownd by tNs
+p~, with ~11 prNniwns tMr~on p~id in fuil, fir~ iniuranc~ in 1F?~ usw~ stu+dard policy foren, in ~ twn approwd by tM MORTGIIGEE, ~nd vrie~o~m
u+iwe~e In tM wwl sundard poliq fwrn, in • wm approwd by tM MORTGAGEE. M wd~ oomp~ny or oompa~ a N~ MORTGAGEE nwy
d~rccrr +~d ~II fin u+d w'a~w.m insuw~cs policies on ~ny of ~aid bufld~np~„ any Ml~nst tMrNn a p~rt tMrwi, in ~A~ apprpab wn+ afaaaid or
1n ~xcas iMnof, slwtl contatn ~M vsw! :ta++da.d mo.}gape~ claa~ w svd+ wFwr dauw a~M
~~9+?~~ ~+Y ~ir~. makinp th~ loa~ undw ~aid polE
des, each Md ~wry. p~Yabl~ to said N10RTGAGEE as iri i~tc?est may ~p~~r, ~nd ~ach ~nd ~vNy wch policy ah~ll b~ ponyftly aa:qiNd and dtliwnd to
~ny MW by wid MORTGAGEE as further s~cvri~y to said ma~p~ debt. u+d, no~ Ira than t~n (10) day~ in advanq d tM ~xpintion of ~ach policy. to d~-
Ilver to siid MpRTGAGEE a ~~wal ttxreof, top~~hK with a receipt fa tM prsmiwn of wd~ r~~twalJ and 1Mn ahall b~ no fih w winditonn irawana
plscad on any of s~id build'u+ps. ~ny interest tM.~in w put thereof, unless in tM form snd with tl+~ tou payabl~ q afa~ssidt rrd in tht tvMt any wn~
of nwn~Y b~c~ornrs p~yabl~ urder weh policy a policiss said MORTGAGEE sMll Mw tlw option to nc~iw a+d ~pplr tM s~rn~ on ~ocwrnt of th~ Ird~bt~
ness s~cur~d h~r~by, p~ tp permit ~aid MpRTGAGORS 1o noeiw and w~ h p aoy p~tt tl+~reof fw othe~ putposM, without tM~~b~ wsivieg w imp~ia
iry any puity, li~n:or riyht vnder ot by virttrt oi this mort~~s and in the ~wnt aid MORTGACORS ~MII for sny nawn fall M kNp tM saW pre~nif~s ~o
inaured, or f~il q deliva? prornptly u~y of ssid polK~es of tnswanc~ to ssid MORTGAGEE, a f~il promptl~r to pay iully aehr yr~miwm M~r~fa a in ~ny
r~spect f~il b psrforn~, discharye, ex~cvte. ~ffect. complets. comply with ~nd ab;d~ b~r thy oown~nt, or any p~?t Mnof. pid MORTGAGEE n+~y plao~ and
pay tor wch Imurancr a any p~?t thereof without w~ivinp w aff~ctina MY oP~~, (i~n. M~~h?, w ripM w+dK a by virtu~ of tN~ Mort9ap~, Md ~M
full +mowq of ~ach and .w.y wd, P.y~~ .hau b. ~,,.dN~ey dw «+d pyaW..~d ah~~ bear ~+r.~.s~ tran ~h. d.r• ~h.~eof u~~u P.w a th. na o~ ~
~~~e per pntum pet anrwm and toaether with wch interest shall be secvred by tl~t !IM oi this +natpr~s. f
f. To pKmit, oommif or suHsr no wut~ Srryuirmtnt o? dete~ksation of sid prop~rty or ~ny p~tt ihenof.
S. 7o p~y all and sinpul~r N» coan, eh+r9~s +nd exPease+. indvdkg s r~ason~bh ~ttaney'~ fM and oosri of abatr~cM of tit~a, kkwnd w p~id q '
any tims by said MORTGACaEE, b~cause or in tha ~vent of the failvre on tM part of ih~ said MORTGAGOR 1o duly. pron~ry and ivth P..forn~, d~.dwp~ .
execure. ~ff~p. comp{~t~. co~r~lY with and ab;ds by sach arw) every the stipulat;aa„ apreements, conditiau„ a~xi aownrnq of s~id praniswry rwN and thN
morr9ay~ u~y w either. and said costs, ch~rges and expenies, tach and svery. th~ll b~ ke~diat~ly dw and pay~t wMth~r or not tMn b~ notfa dr
mand. ammpl ro colkd or wit pending; and ths full arnount of each ~nd wky wch paymaot sMll bsar tnt~nst froen ~h~ dat~ th~nof witil p~id ~t tM
rare of niM per centum per aruium: a~d sIl said cosb, charqes and expenses intwrtd or paid, 1op~tMr with wd~ lnqtMb sAaU b~ s~p~nd by tIN IiN~ oi 1hi1
mortyapf. _
6. 11u1 in th~ went of sny broach of this Mortpaye or default on t!r part of tFw MORTGAGOR, or (b) in th~ ~vwit ~ny of Nid ~wry e/ eqrNr
hcrein refe?red to bs not prompfly arid fully paid within thi?ty (30) d~ya nex~ ~fter tht same severally b~cam~ du~ u~d p~yaW~, without d~nued Or notio~,
or (c) in ths evero each aad every the stipulat'ions, sgree~na?y, condiY~oru and coven~nts of Nid poiriissory ~ot~ rnd ~h;s mortp~,p~ any a ~Nhu ~n no1
iuty. MomPdY sod fully performed, d~scharged, executed, effected, caxPkted cornpli~d with ind ibided by, tMn In ~itl~ or a~r wth wM~f tly sNd a~
gregate wm mentio~ed i~ wid promissory note fhen remsi~inp unpaid. wit6 intereat acuued, ~nd all mqkyt Ntur~d. hu~by, .ti.n b.oo,,,. dw a~d ar
able fwthwith, w thereaher, at the option of sa~d MORTGAGEE, ~s futty ~nd compbtely u t( alt of th~ aid suMS of mon~y vwr~ oriplntlly ~tlpui~t~d
to be p+id on wch dsy, anythinQ in ssid promisswy note w in this Mortpaye to tM eontwry notwithsfandinps ~nd 1Mthepon w/h~tNftK at tM option of
seid MORTGAGEE. without ~+or~ w demand, suit st Iaw a in equity, fheietae or ther~ah~r bpun, ~+y b~ proNCUt~d a ff atl enon~ys Ntund Iwhby i
had mattxed priot ta its institvtion. ~
7. Thst in the evenf rhst at ths beginnirg of or ~t any time pend;ny u?y wit upon this Nb.tpap~. w to ~ohtloN h, a to nfa,m It, a to Mfap
payment of ~ny claims haeuoder, aaid MORTCaAGEE shall spply to the Couh haviny jurisdiction therwf for th~ ap~wintm~nt qf a Rto~Iwt, wth CouH 1h~11 ;
forrhwith ~ppoint a receiver of sai~ mort9aged propertY all ard sirgular. includ~ng a!I and sinpvlar th~ ina~?e~e, profits, bswi and rw~nwa frpn wMtwer `
source derived. each ~nd every o# whGch, it be~ng ~xpressly understood. is hereby mortgaged ~s if rp~cifically s~t fohh ~nd dMVib~d In Mi prantlnp ~nd ?
habcndum cla~ses hereof, u~d s~xl~ Receiver shs11 have ~II tlx brosd ~nd effectivs funct~or~s snd powsn io ~nywis~ eMnest~d by ~ Gowt p~ R~qivM. ~nd
is
auch appointment sha1J be made by wch Court ~s an admitted eqvity ~od a m~ttei of absoluh ripM To aaid MORTGAGE~, and witbouf nf~nr~ fp t1y
adequaq or in~dequacy of the wlve of the property mortgaged or ro the sowcK+cy o~ insolvency pf aaid MpRTGAGOR p tM d~f~nd~nts, and tfwt wd~ ~
renss, profin, income, isaues and revenues shall be applied by svch Recsiver xcordir~ to th~ lia? a puiry of ~aid NWRTGI?GEE and th~ pradia of wch 3
Courf. - ~
8. To duly, promptly and fvlly perform, discMrge, execute, effect, oomplet~, oomply with u~d abid~ b~r wd+ and ~wry th~ stipulattptt„ prMnyn„,
conditiom ~nd coven~nts in said prom(uory ~ote and this mortgage set forfh. • .
9. That in the event tAe ownership of the r^c?t9+Qed P~em+ses. o. .rir tl,ereof, betomes wsNd h a pKton otlNr ltwt the MORT~iAGOR, 11w '
MORTGACEE, Iri wccessors and auigr?s, may, without no~ice to ths MORTGAOR, deal with such wocysor or ~~or In iMKqt with nfK~no~ }p thi~
marfgage and the dcbt hereby secured in the same manner u with Mortgsga without in +u~y wsy viti~ttn~ or dircl~a~Fnp fh~ Mortyapo?a' Uabllit~r h~?r
under a upon the debt hereby secured. No ~ale of the premises hereby mortg~ged ~nd no fpb~ar~np on tFN prt of th~ N10RTGAGfE o~ iM waoNSOn
o. assigns and no extension of the time for the psyment Af the debt hereby secured ~iven by ths MORTGAGEE p its sucqs~ors pr qsiprq, yha~~ pp~t~f~
ro release, d'acAarye, modify ci~snge a affect the wig;nal I,a of ths N10RTGAGOR her~iry eithe~ in whols or i~ pwt.
10. It is specifically agreed that time ia of the essence of this oontr~cl a~d th~t ea waivK of ~ny obliyation h~r~under p of th~ obl{p~tlon w.
cured hereby ah~ll at ~oy time thereafter be held to bc a waiver of ~1he terms hereof w of the ir~trumant a~wr~d h~r~y,
11. (n addiYwn to the forego:ng monthtY paYmems of princ'pa) arx! interest required by the promiswry nota secured hereby. mprfQapor apyrry~y
and agrees to pay to morfgagee wirh each monthly payment an addirional sum estimated by mortysyee to b~ pwl 10 1/1~ of tM amual oost of th~ fdlow-
ing:
A-All real properry taxes levied or assessed against the above described real estate.
B-Premiums on fire and windstorm in~urance as herein required fo be carried on the improvertwMS sNvatt on tht ~bpy~ deK~ibd pnmby, -
C-Premiums on svch mortgage gusranty insurance as mortgsgee shall from time ro time deem fit to urry on th~ lo~n secut~d h~reby,
Nlwtgsgee shall from time to time notify mortgagor in writing of the amoum due and payable herwnder and suth wm sha11 tMrwpon 1~ dw
Fayable on the due date of the next monthly paymem and each suttessive mw~th.thercafttr until morf9ayee shait notify mortqppr of • dunp~ iA
amount. $uch wms shall be applied by mortgagee toward the payment of real property faxes, intunnte p?ertiwms, a~d mortpspe oWrnNr ana
premiumf. ,
IN WITNE55 WHEREOF, the said MORiGAGOR hss herevnto ut his hand srxl sesl the day and y~lu &st af id.
ipned, and ered in the presence of:
n
~
n
57ATE OF FtORIDA ~ ~ ~
courvtr oF _ S~. LuciQ
eefo~e me pe~s«~~~y e~eared ' L loyd Tay lo r ~
Clotilde F. Taylor ~~Q,to~~~~~~~~b~~~
rha u~nidwh desuibed in and who executed the for~eeyary instruma?t, and acknowkdyed before rr» NNt tiKy exeMed ths sarn~ for th~ purpw~s
therein expltied. Ai~d }~N taid- V LOtilld~ F Taylor
r.ife of the w;d - LloV~ d Tey~nr - , ~ipp~ a stparrn snd prhrat~
exam~natiai by me taken ~eparare and epart fran he~ ss;d }wsbsnd, adu~owledged m~nd ~ef~~ ~tN~~ fr~
rarlty and vv;tFq~rt ~ny campulsiw~, cautrsint, sp~ehension„~.4eu of or from her ~aid husb~nd,
4s
WITNESS my h~nd and official seal thi: n~ ~ d~y Apri Z D. 19 6?
t~ry PuWk for th~ Stab of Flaid~ at larp~ i
My f~pi~,ps ,
Retwn Ta
First fadew) S~vu~s 8 Loan Auociation .,..•,~•~•it~~~t Notary PGbNC, ltt1Y ollbtidA ~ LlKae
Of fon Pierce. ``.`~t;~.. ~'~sf My Commission Expir~s Aug. 6, 1a67
rnrr •pierot Fb,;d, ;.v ,~~j!s,~ 3onded dy America~n Surety Go. of N. Y.
~ ~ ~ i :
f IL~O AND REC4RpED _ J. Q- . O~`~
S1'. IUCIE COUNTY, FL v: • :r - ~G~6,,
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. 1~ECORD YERIFIED ? B . ~ : _ _ i
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~ a~K 16fi P~E 366 ~
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