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3. To pba and aontinuovay k«p on tM bui!dinps now or h~ahK ~it~+a» on ~aid~l~nd ~nd on ~U ~qui~nMf ~nd pa~a+alh oownd b11 ~~b'
p., with aN prMniw~f tiw~wn paid In ivl4 fin iewr~na in tM ~wal ~andard policy fw~, (n • ~wn approwd by tM MORiGAGEE, and wind~torm
I~,wnna ie th~ wwl sund~d policY fam, in a sum ~pprowd by th~ MOR?GAGEE. M~ wd~ oanP+^Y a oanP+ni~s a ~M MORTGA<iEE nNy
dir~stj ~nd dl tin ~nd winrha~m i~awana poliw~ on +nY of wid buildinp~, ~nY MN~at tl~h a pwt th~nof. In th~ apprpaN w~ ~faewW a
in ~xpp therwf, ~MII confa~ tM wwl standud mortp+~~ clauw ot wch wMr dwN a 1h~ Morq+p~~ ~+ap nqvir~, m~kk~p N» ~as wd~ ~tid Po1F
cies. ~sth a++d ~wry. WY~bb a s~W MORTGAGEE as ib inte~at ~wy pp~M: ~nd aath ~nd wNr such polity ~A~II b~ prortipNy ast~^~d and d~liwnd a
a~y h.ld by ~atd MORtGAGEE a fw~h.r secw~N ro sa~d mohy.p. deb~. and. no1 bss tMn an q0) d~y~ in adv+no~ of th~ ~xpir~tion ot Mch P~k1?. to d~
liver w s~W MORTGAGEE ~ r~wd tMrwf, top~tM? whh a na~ipt ta the pnmium of wd~ r~new+y and tMn ~MII b~ no f'w a windttwm kiw~ano~
ptaced on any of wid buiW~rg~, ~ny int~rat thu~in a put tMhof, unbss G+ tM fom+ and with ti~ loa payabb a aforaaidt and in th~ ~wM ~ny wm
of nan~y b~conw p~yable wwlK wd~ policy a policia wid MORTQAGEE sh+ll Mw th~ option M nafw ~+d ~pplr tM s~nN on ~oooi+nf d tM M~d~bMd~
nea Mcw~d Mnb~r a a pKmit s~id MORTGAGORS a no~iw ~nd uw M a uiy pa~t tMnof for aha pu~paw withovt tMr.bv w~ivinQ or impair-
iny anY ~Vwb. IiM w ri9ht unds~ or by vGtw of M~is mortysp~t and In t1w ~vMt wid MORTrs/1GORS ~MII fa arry tw~ f~il to kNp th~ s~id pnmisM w
in~ured. o? fsil w d~l'rva PranWb any of s~id policia of iesw~na ro satd MORTCsAGEE. a fail P+~^P~hl ~ WY fi?~b ~~1? P~a^ivm tMnfa or in anp
~espea fail to paia~, d'acharp~. sx~w~~. ~ffat. compl~t~. oomplY with ~nd abi~M by tN~ aov~nant. or ~nq Pwt Mnd, uW MORTGAGEE may plaa ~nd
wr for •vch i~aw.no. w any p~rt thKed witMwt w~hri~q a~ff~inp ~r~ opHon, U~n. puiM• or ripM uada a by vtrtw of thk Morq+p~. ~nd tM
fuf! aenou+N of eath and ~wrY ~ WY~^t shall be immdNbly dw and p~ysbl~ and sMU b~a M~hra~f irom t!M d~h thtnd untU p~id ~1 th~ r~b d
n;ns p~? oM?tum p~? an~wm and toyttMr with wch interest thall b~ saswtd by tM IiM~ of tNt mortppw
I. To p~rmit. aommit ar wffM no wut~. Y~p~i~ment a d~tKioratia~n of said propHry a any p~rt tMnof.
S. To p+y ~II and sLqular th~ aosa. d~+rpN +^d ~xP~. ~xJud&g a~wsonabl~ at~onKy'~ fw a~d oo~M of ~bat?acla of Ntl~, incwnd a p~id N
any tim~ Ify f~id MORTGAGEE. bKNIM p Ifl tllf ~YN1t Of tlr faih~n on th~ pa~t d tM said MORT~sAGOR w dulp. P~omWN and fuily p~rfonn. dix1+++9q
eXecv». ~Efea. campl~ta oanPy? wi~h ~nd sb~ by ~ad~ and ~very fhs sfipulatioM. ~WN~M^1t. ea~dit~oro. M~d aOwMnM of s~id prOn?lifOry 1wh M?d thil
mo.r9+p~ +nY a NtM?. and ad cos~s. d~+ry~s and ~xp~ro~s. ~ad~ ~nd ~wry. ~MII b~ inw~wdNt~y dw ~nd payabl~t wMthN or na tMn b~ notia d?
mand, att~mpt b edket or wi1 qndn~ ~ed th~ fvil ~enouM of ~aeh ad ~vwy wd~ paYmar?t sMll b~a? Int~nst han tA~ dah M~nof unNl pNd tl 1M
rate of nin~ pK centum p~t arNwn4 ~nd all s~id oosts. thu9es snd ~xp~nssa hwn~d or paid, top~tMt with suth fntKMt. i1N11 b~ Ncund br tIN IMn Of thi~
mort9+0~.
b. That in th~ ~wm of any breach of tNs Mortyspe or d~fwit on the put of tM MORTGAGOR, or (b) in th~ wM~ +nY of Nid wnu of m°My
herein r~fKr~d to bs oot promptly ~nd fully p~id within thirty (30) days next aha tM sarn~ wwralty b~tom~ dw ~nd paYabb, wlthoW d~mand o~ notip.
or (c) in tks ewnt each and ~wry the stip~latioro„ s~r~ts, conditiom aeK! tov~n+an of uid pranissory ~ and Mi~ morrO~W «+Y a ~itMr ~n
iu1y, prompNy and fu11Y pafarnwd, d~sch~ryad. exswad, ~ffscted, caenplend, canpli~d with ~nd abW~d by. 1h~n In sitlw at any wch w~nt tM ~aid p~
yregab wm ma?tionad in said promisswy not~ then runsininy vnpaid, with intanst ~arwd, and all mo~ey~ wew~d.I+K~by, sh~ll b~oom~ dw and paY
eble forthwith, a thereafier. at the oprion of s~id MORTGAGEE. +s fu~y .nd oon~k~~hr a H ~II of tM ald a~ of monty w~n apin~il~r uipvl~»d
~o be psid on wch day. ~nythinp in said promiiwry nots or in tFds Mort~ap~ to tM connary notwitlw~ndt~ps and 1Mnupon or tt+a~aftM at 1M oWion of
ssid MORTG/1GEf, withovt notio~ or demand, wit at law or in ~quity, tl~~fon a thas~ha b~pvn, n~r b~ proNaNd ~ if dl montY~ s~ound Mr~bY
had m~tured p~ior to ~n irat~turion.
7. Th~t in tM ~vent th+t ~t th~ begiminp of w ~t ~ny tim~ PN+d^p ~nl? a?it irpon thb l41ort9~, or to 1preloN h, or b nfonn tt, w b~niwa
payment of any dawm he~eur~der, wid MORTGAGEE thall apply to th~ Caxt Mvinp jwisdiction tMnof fw th~ ~ppoN+tm~M of ~ R~aiwr. wd~ Ca+rf shall
Forrhwith appoint s receiver of sa~ mort9ayad property ~II and sugutu, indudug all and wgular tM inoo~n~, profiM, iwws and rownun fran wh+twN
wurcs derived, each'and every o which. it beinp expreuy vnders~ood, a hereby mon~.ged u N ~pKifiully ~et forth and daufb~d M thi Sqntinp ~nd
habendum clauws hereof, and wch Receiwr ihall Mw all the brwd and effecriw funct'wru and pow~n In anywia~ ~nfn+~t~d by a Court tp a R~alwr. ~nd
such appointment shall b~ mada by wch Caxt a sn admitted equity and a m+tta of abwlut~ ~ipht b e~id MORTGAGEE, ~nd without nfK~nq 1o th~
adequscy a iMdequaq of the valw of tl+~ property enorty~ed w to tM solwncy or insolwncy of N1d MORTGAGOR a th~ d~f~ndanM. ued Mat wd~
renrs, profits, intorne, iuues u~d rwenues ~hall bs applied by suth Rat~iver atoord'up to tM UM o~ puify Of Nid MORTGAGEF M1d f1N pratHts Of u+d1
Couri.
e. ro d„M. w«rory .~,d fi,ib p..f«~++. ~?w, ~xecw:. .s~.c~, oo~r., oa~r w~*h .~d ,bid. by .ad~ .na .wry ~h. a~ut.no~w
cor.ditans and caveMnta in said ptomissory noM and this mortp+p~ set forth. ' •
9. That in ths tvant the ownenhip d the mortyaped ptemises. or aiy p~rt tl+ereof, b~awnN v~sf~d in • p~rwn oflwr fh~n the MORTGAGOR. tIN
MORTGAGEE, Fh wccessors ~nd ~ugro, m+y, witho~?t notice to the IIiIORTGAOR, deal with wch ~uoawor w,uaNtw in b+t~nst with r~far~no~ to th4 (
mortg~ye and the debt heteby secvted in ths s~me manner ~s with Mortg+por without in ~nr way vkiatinp a dacMr~iny tl» Mort~apas' Ii~blliry I+~r~
under w upon tM debt hereby sccvred. No s~k of the premises hcreby morty~ed ~nd no iorb~arana on tht put o~ th~ MORTGAGEE or Iri woonson
or ass~g~u and no exte~uion oi the time fw the p~ymem of she debt hcreby secwed yiwn bp tlw. MORTGAGEE or i1s woasson a~uipm, ahall opaat~
to release, disch~rpe, modify chanpt or affect the orginal li~bility of the MORTGAGOR htniry tifMr h whol~ ot In p~rf.
10. It i~ spec7fically agroed thst Yrne is of the esserKe of thi~ cQntnct ~nd tM1 nq w~iwr of any obliy~tioe_Mnunder or of th~ oWfparion ir
cured f~reDy sh.lt ~r any ttme ~hereaher b~ held w be a waiver ot~rl~e~ tirnu iie.wf oi of th~ ienrrwn~nr aan~d I+Nby.
11. In add~tion to the iorego:ng monthlY p~ymenb of princ:pal a~+d interest required by ths pomiswry note secwed hereby, mortpapor oownanb
and agrees to psy to mortgsgee with each monthly payment an add~riorNt sum est~mated by ~reort~aye~ to b~ eqwl to 1/12 of ths annwl cost of th~ folbw-
ing:
A-All real property taxes kvied or sssessed agairot the above desvibed real estate.
B-Premivna on fire and windstam iiaurance as herein reqv~red to be uA'hd on the improwmenls situat~ on tM ~bov~ detuibtd pnmitq. ~
C-Premiums on wch mort9sge 9wr~nty insvrance as mwtgsge~ shsll from time to time deem fN to urry on th~ b~n ietur~d h~reby. t
f Mortgagee shall from time to time ratify mortgagor in writing of the ~mount dve snd psyabk Mrw~der and wth wm shall tMrwpon b~ dw ~nd
t ~ayable on the due date of the next monthly p~yment and each successive month the~eaher u~til mort9~pe~ ~hall tatify mortyspor of a tMnp~ in svch
~ a~~,ount. Such sums shall be applied by mortyagee toward the p+yment of re~l prop~rty ta:es, inwranc~ premiwns, and mortpap~ pwrudp insuranc~
premiumf.
IN WITNE55 WHFREOF, the said MORTGAGOR hss hereuMO set his hand u~d a~1 tM day and y~u fbsf ~foraaid.
SiDned. Se+ and deliver~d in tM presence of:
~
~
_ n
STATE OF FLORIDA ~
SS.
courm of St _ Lucie _
6eta,,, n,s pKSOr?,uy,ppt,nd i.l ~yd T8v7 or and _
C lo t i 1 d e F. T a y lo r hi. u,N~, b,,,,. „r.~~ k,,,,,,,,, „d know~, „ n,. „ b.
rhe individwb desvibd in and who ~x~ated th~ faepoinp instrwmnt, and ~d~no~wlsdp~d befon me tlwt tlry ~x~wt~d the wn~ for th~ perpoas
therein ~xa~swd. ~?nd ff» ~atd CZOt11d6 F. Teylor
w;Ee of ,M ..id Lloyd Taylor • „p,,, , ,.p,,,t. ,~a P,h,.a
examin~Yan bq me qken sepsrat~ and aput from her s~id Iwsband, ~cknowkdped ro and befon nw that sM ezecuted aid Irotrument fr~ely and volurr
rarfly and witho~t ar~y compulsan, oomhsint. ~ppreha~p+t' or fur of o? from hu wid fwaband. ~,~7
WITNE55 my iwnd ~nd off'Kial s~al this RJ~ day of M8 A. D. 19~
~ D~t.o
- Notary Pubtk in and for tfr St~» of Horida ~t Larp~
. , ~ ~ ~ ~LE,~~' ~ ~ - MY Conrrussion ~xpnas
. ~
~ ~~$iy~ i~ Auociatioo :MOTARY Fi:~fEl~ STATE d FLORtOA ~t ~
:'~t~
4~ ~~•.a...¦oy, '~s;t.~~ RQ~a atr cc~~~sscoti ~c~aES s~t. e, 1 ~
q"~~.^~~.r~._`~ '~~~{~p~k~i FItEfl AH
COUt~ttY FIA~ ~ONOCD TMROiJCM iRED W. DKif~LlNM~ ~~6
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