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To pba ~nd cauiewoush? ks~P on th~ b~?itdinps naw a Mr~afiK ~itwN on ~id land snd on ~11 aquipeMnt ~nd P~o~th ~w?~d bY ~~~P
.g~, with ~11 pnmiuna tM.~on pw! in firU, fin inw~u~a in tM vswl auodwd poilc~r fa~n. in a tw~ ~pprowd b11 th~ MORTGAGEE. and wind~twm
insurana in tM wwl stuidud poGcy fam, In • w~n appwv~d by tM MORTGACsEE. M~ wd~ canP+^Y a oanpa~K ~ N» M~ORiWtiGEE ~y
d~r~ctj and ~N fin and windsam~ inswa+o~ polici~s on ~ny of aid buildieq~, ~ny inNn~t tMrNn or part tM~rwf. M tM apprpat~ w~n ~fon~aW a
in .xcea t1~.of, sMll oonr.in rl+. uwal u«~dard mar9+p.. d.us~ or wd~ al~ dau~ a. N+. Monpap.. m+Y ~+quin~, ni+?kq ~h. lo~s w~dM u~d pd4
ci~s, tath M~d ~wtY. WY~bN b s~id MORTGAGEE ib interMt may ~pp~M. ~nd Nth ~nd ~wry tvth po~ky aMll b~ ptaopNY us:9n~d M~d d~1ivK~d W
any h~ld by wd M4RTGAGEE a fwtha s~aKib ro said mortp+y~ d~W. +nd not las thM t~n l10) dayt in ~dvana of th~ ~xpir~tion of ~ad+ poUcY. 1o d~
live~ to Nid MORiGAGEE a neww~l tAK~of, bp~tl~ with a rwipt fa tM pr~miwn oi such n++t~w+lj and tMn ~MII b~ oo fin or windstorn~ MMw+nt~
placd on ~r oi said buildinps, a~y int~rat tMnin ar put tM~wf, vnl~ss in tM fom+ and with tM Iws p~Y+bN a~forNaids +~+d in tM ~wM aqr aHn
of ma+hr b~oom~s p~r~bb w~d~~ wch policy a polici~s wid MORTGAGEE sh+ll Mw th~ option to naiv~ and appy tM ~xn~ on account d 1M ind~bbd~
rxu s~aw~d iwnby a w p~m~it s+id MORTGAGORS to naiw ~nd u~ N or ~ny part M~nof fw othe? purpa~s. wi~hout theraby w~ivinp a imp+ir-
tr,y anY qvib. ~ise w riphf wwi~? w by virlw of thb mortpapes ~nd in 1M ~wnt wid MORTGAGORS fMll for an~? t~swn f~il to k~p th~ s~id pt~ni~N w
iniured, w bil fo dtiNN P~~P~~Y ~1? of said policMS of inswantt b s~id MORTCaAGEE. w bll pranENly b p~y firlM ~Y P~~~r^ tha~tor or in an~
respect fall b pafwm, d'ixhuyt. uacut~, ~ff~d. compl~ta camPh? with and ~bid~ by tl~is aovMU+t, a any p~t h~nof. a~ld MORTG/1GEE nwy pl~a a+d
P+y fw wch Gaw~noe a any p~rt tl+enof withow waivinp ar ~ff~c?Inp +nY aMion. ~1~n, pvitl?• or ripM ue?dK a by vi.tw of this Mortp+p~. ~nd tM
full ama~M oi ~adi aod tvKy wdi payreNM shrll b~ Mnnwdiat.ly du~ ud p~yaW~ ~+d sh~ll bw inteast fran ti» dab tMnof unttl p~W N th~ r.a of
nine p~r cenwm p~r annum and topetha with wch interest sh~ll b~ s~cvnd b~r th~ li«+ of this map~pw
4. To pKmtt, ooenmit o~ suffa no wssN. bnp+irme~t a detKiaation of said propNty or aryl prt therwf. .
S. To pay all ~nd sYgular tM costs. clwp~+ ~nd exp~ae+. 4xlvdG~p a nafon~bb Ntormy's fN and aost~ of abnaets of tiN~. ina~n~d w p~fd d
any tirr~ by sald MORTGAGEE. baavM w in th~ ewnt of tM faihx~ on tlr p~rf of tlr Nid MORiCsAGOR to duly. P~a^~P~~Y ivllr P~riornl, d'ach~q~?
execute. ~fhd. aomPlet~, oomplY with ~nd abid~ by ~ath ud ~wry tM stipulations. pr~^n. oonditiaM, and oownM+ri of wid pranlssorl? not~ and thb
mwt9r.~ +aY a ei~Mr, and wid cosn. clwy~a and ~xp~ns~s. ~ach and ~vKy. ~11 b~ imn~diately dw ad payaW~t wMtMr or ra1 tMn b~ notia dr
mand, ~»empt w oollsct or wit Pad~rg~ and tM fvll anaw+t of uch and avery wd~ pym~m ahall b~ar ht~rat fran tM d~h tl~wf w~til pNd ~1 the
rate of nir» p~r centum psr +euM+m: and all said aosn. cFw9ea and exp~mes ina+rnd a p~id, top~tl~ w~th wd? Int~n~t. ~MII M s~wnd by tM Ihn Of thi~
monpap~. .
b. Th~t (a in tM wN+t of any br~ach d this Maty+p~ or d~fault on th~ part d tM MORTGAGOR. a lW in t!r w~nt W+Y of saW wna oi nwmy
hereln nfen~d w be not promptly and fuly p~id within th~rty (90) day~ next ~ha tl+~ s~roe wwr~ly baoeew dw ~nd pay~bb. wMhout dNn~nd a ootie~.
or (c) in fM ~wnt ~ath and wery tlr sfipulaiions. ~9nsm~nts. conditaro ~nd cov~n~nb oi w3d pronds~ory not~ and tlw nwrpp~ +n1r a~iM~r ar ~w1
iufy. PromPtly and fuly pKformed. d'ad~srped, ex~cut~d. ~ffeNed. comPl~t~d, oanptisd wiM and ~bidad ~y. M~n M~i1~Mr ot ~nf? wd~ ~wn1 tM ~aid aP
gregate win mentia~ed in s~id promisso~ry not~ then remainirg unp~id, with intae~t ~cuwd, ar?d all n+oa~ys Ntvnd. h~nby. tMl) b~oom~ dw ~nd p~Y
eble fwthwith, or thsreafter, ~t tM option of s~id MORTGAGEE, as fvlly and aompl~tdy a If all of tM uid ~u~ of mon~y wv~ aripin~~hl Wipul~~d
to be p~id on wch day. +nYthi^0 in said pramissory note or in this Maq+p~ ro tM oonh~ry ~otwfthstandinpJ +ed t1w~M+Pon a~h~r~aftK ~t tM v~.:ion of
said MORTGAGEE, witho~t notic~ o~ denw~d. suit ~t I~w or in puiry, tl+K~foro a tFwt~ft~? bp~n4 m+1 ~.Pl~~~ ~ri
hai! ma?und aar ro m im~mnion. , .
7. Th~t in tlN event th~t at the be9imin~ of or ~t any tims p~nd'np u~y wit ~rpon tl~b Morfp~. or 1o fo~tlo.N N. or 1o Te~'ore~ N, o? 10 ~^faq
payment of any tlaims here~mde?. said MORTGAGEE sh~ll apply to the Cowt h~vinp jutisdiction tMnof for tl~ appoinlwNn/ Of ~ R~t~ivK. wth Cowt ~hall
forthwifh appoint s nceivK of sa~! mwty~yed property all ud sinpular. includNg atl and sirq~lar tFa irKa~N. profit~, bsuN «?d ?~wew~ fran whaNvK
wurce deriwd, each and every o# whrch, it beinp expressly unde?ttood. is hsreby mwt4aged as H~cifially kt foAh and d~wibd b thi qrantinp u~d
hatxndum clavses hereof, and wd+ Receiwr ~hall lave all fhe Ixoad u~d effeaiw funct~ons +ad pow~n in +nYwiw Mtn+s~d bY ~ Ca+rt ro~ R~oelwr, +~d
such appointment shall be mad1~'by wch Cowt as sn admitted eqvity aod a m~na of sbsolut~ ripAt to Mid MORTGAGEE. ~nd withouf t~f~r~na fo fh~
adequacy p tn~deqwq of the v~lu~ of the prope~ty mat~a9ed w to the whrsncy w inwlwncy of s~id NYORTGAGOR or tM d~hndanb. +nd tha/ wch
renrs. proflts, incae~e, issues and•~~venues shall b~ spplid by such Rauiwr accordinp to tl» li~n or puity of Mid MORTGAGEE and th~ prWia of wd~
Court. .
8. To du1y. PromPty ~nd fvth vsrfwm. d~scM?p~. ~xecut~. tffect, ooMpl~+e. cornplY with and ~Wd~ b~r ~ md w~ry th~ stlpulatloro. aOnKnMfa.
conditam arK! coven~ts in said promisaory not~ and this mwtppe set fwth. ' • -
9. That in th~ ~vent the ownenhip of ths morly~yed premaas, a ariy pwt tiiereof, b~oorma wshd in a pKwn ofhK than the MORTQ~ACsOR. fh~
MORTGAGEE, ks successas ~nd +uip~, m~y, without eofKe to tM MORiGAOR, dssl wit1~ wd~ svoaww or waMSa in irouest with nfarw~o~ w this
mor~ga~e and tM debt hereb~r secwed in th~ same m~nner ~s with Mwtyapw without in any way vitiatinp w~?9i~+0 th~ Mortp~po~s~ liabflity 1»rt
~nder u uPon th~ dcbt hereby secured. No sals of•ths premises hereby m«typed and no forb~ara~o~ on :h~ put of th~ MORTGAGEE w Nt wa~ason
or assigro and no exte~nion of the time for the psyment of the debt hereby secursd yiwe by th~. MORTCsAGEE or i~s sucas~wn or assipas, shall op~rat~
ra releaie, discharp~, modify ch~np~ or affect th~ oriyin+l liability of th~ AhORTGAGOR F~~iq, eithK in whob a M p~rt.
10. It is apecifiully agrsed that time is of tM essence of this contwd aM! tMt no wahra of ~ny oblip~tion I~twnder or of fh~ oblip~fion ~
cvred hereby sh~ll at any time thereafier b~ held to b~ a waiver of tM tMns herwf a of 1M hatrurtNnt Mow~d lwwby.
11. In addition to the forego:ng monthlY paYment: of print:pal ~nd interqt reqvired by iM pron+istotY nof~ Ncur~d hereby, mwt9~por oo~ren+nM
and agrees to pay ro mortgagee with each monthlY paYment an addirional sum ettimatad by rnwtpap~e to b~ ~qu~l 10 1/1~ of th~ ~row~l aost of th~ folbw-
ing:
i
A-All real property taxes kvied or sssesud against the above desvibed rea) estate.
~ B-Premiums on firo and wudstorm i~sance as herein iequ~r~d to b~ turicd on the improwmenM sitwf~ on tM abov~ dptribed pr«e~iws.
[ C-Premiums on such mort9aye 9uaranty insurance as mortgagee sh~ll from time to Yune de.m fn ro carry on th. ban acur.d hu.by.
~ Mort9sgee shall from fime to time notify mortgagor in writirg of th~ amount dw snd pay~bie hsreundN and stxh wm shall theriipon b~ du~ and
payable on the due date of the next ma+thly payment and each sucoessiw month thereaher until mortqape~ sh~ll notify mortqagor of ~ dwnp~ in wch
ar,ount. Such wms shall be spplied by mortyagee towsrd the payment of nal prop~rty ta:es, inswa~u pran;wm, and mortyap~ 9uarudy Imuru~o~
premiums.
IN WI7NE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and ual th~ day a~d yNr aforp~id. -
Sipnd, e~lad and delivered in tM presenos of:
A
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n
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STA7E OF fLORIDA ~
courm oF St . Lucie
e~f«~ ~„«„u,, ,~.,,~a Llo.vd Taylor ~ .~a
C 1 o t i 1 d e F. T a yl o r hi, wN~, „ n,. ,,,,~n kr~own .~a known a m. w b.
rhe individwb describad in and who ~xecuted the f«sQoirg iiutrwmnt, and ~ctcnawledp~d b~fon m~ th+t tlwy ~x~cut~d the sam~ for th~ qxpows
~ ~ N;, Clotilde F. Taylor •
w~fe of th~ said LlO~d TByloY' - , upon a s~para» ~nd privat~
examinarion bp me taken sep~rate and apart from !wr said lwsband, acknovvl~dped to and b~fon mt th~t sh~ ~xacuted said irotrurr~nt freely and volun~ i
ra~ity and w~thovt any Fao~wMion, ooostr~int, appreMroion,,,or/~
w o# a from Iwr s+W Iwaband.
W~TNE~SQ (/.t~~a9d dfkial seal tFN• ~.T day of 8 D. 19 67
a.~l. ?c/.4 ; . . -
r> f'' w- • NoRary Publit in for fIN Staf~ of Horidf ~t larp~
: - O~ p; t: y - . - 11„Y G,,,r,,;.,io„ ° 4
+
yHlsf~'~tlaral S~a ~wn: ll:socistion IDA ~ u~
~ 7 t -PSres. ~C S'TATE a! flAR
~ . 1 rt``~''" nntfl'~.~?~ -
~ fiL~
:~Fort-~rct' ' LUCIE COUt~t''~~A'~ Mtf C~~+a~ISSiOM EXPtR~S SEPT~ l
~ ~i~~nr4 taN~o•1cy r*m w. o '
` °f Fcoc~°.~ sT.R~coao v~RtFiE~ - ~ ~ G7
• • ~ / /
. ~ 15f
3"2g` , 0 ,
'6T MAY 22 ANI 10• ~ -
~;o_:t ~ ~-~~:~~r.s
GI.E~tK C1riCU1T COUR~'
_ ~ BODK 1~V PACE~~~~O.._~ ~
~F x ..;~xr : T '
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