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S. To pl~ and contlnoously ke~p on tM bvlldinps ~ww a I+K~afi~r Qtu+t~ on aid I~nd ~nd on dl equipm~nt ~od perwa+lly covK~d by this mor~~
aqs, with ~II premiwns tl~e~wn paid in full, f'u~ inw~u?u i~ ths usual usndard polky form, in ~ s~m ~pprov~d by th~ MORTGAGEE. ~nd windstorm
iniwanc~ te tM uswl stu~dard policy fam, in • swn ~pproved by tM MORTGAGEE, in such compsny w canp+nl~s +s tF» MORTGAGEE may .
d~rectt ~nd ~II fin ~nd wioditorm iniwana polici~s on ~nY of s+id bvild~rgs. any IntK~st tF~ein w put tMrwf, io ~M +~y.e~sa ~wn afor~aid a
in ~xcess tMreof, tMll ca?tain tM wwl itu~dard mort~apN dsus~ w wd~ otha dauss as tM Mortyape~ m+y requin. makinp ~M loas undK s+id poli~
des. tach ud ~wry. p~Yable b s~W MORTGAGEE as iri Mlerqt may ~pp~ar, a~d each u+d ew.y iuch policy iMll b~ prompty ~ts~arnd and d~liwred to
eny held by s+id MORTGAGEE u fvrfhK sscu:ity ro s~W mapsp~ debt. aod, oot less th~o t~n (10) daya in +dva~?c~ of tM ~xpk~tion of ~sch polky, ro d~-
I~ver ro s+id MORTGAGEE a reMwal fhKeof, fo~~IhK with • nuipf for tM premivm of such reneway ~nd tF+sn shsll b~ eo fi~t o? wir+dstam imura~+c~ ;
plsnd on ~ny of ~aid lwildirgs, u+y tnter~st thK~in a put tMnof, unless in 1M form ~nd with th~ loss p+yable ss ~foreiaidj and in tM ~vMt any wm ;
of r,..~y b~comes p~yabl~ undN wch policy or policles uid MOR7GAGEE ihall haw th~ optan to raceive ~nd ~pply ths wns on accouM oi tM lndebted
neu ~etur~d Mr~bp w b petmit taid MORTGAGORS to receiw u?d us~ H a ~ny part there.~f io: other purposei, withoul thereby waiving w impair-
ing any eqvity. IiM a ripht unde~ a by vtrtw of this matp+~s and in tM ~vent said MORTGAGORS ihall fw +ny rosson f~il ro keep th~ aid premisss w
iniured, or fs~l to delivK promptly ~ny of s+ld policies of inwr~nq ro said MORTGAGEE, or fail promptly to psy fully any premium thereiw or in any
re:Pen hi! ro perf«m, d~xhu~•, exec~ts, ~fIM, complN~, comply with ~nd ~bide by this covenant, w ~ny p~rt hereof, uid MORTGAGEE may place and
paY for wch insur~nu or any pan ther~of withou~ wsivi~p or ~ffecrinq a~y optio~, lia+, eqvity, w r~yht under a by vinw of ~hii Mat~a~s, and ~he }
full amount of esch and evsry ~uch p~yment sMsll be immedi+tely dw ud piyabl~ and shall beu interest from th~ date thsreof until paid at tM nt~ of i
n?ne per cent~m pw anrwm and together with wch interest shall be secured by the li~n of this mortpaye. }
i
1. To psrmit, comndt or wffa ~+o wute, imp+irma+t or det~raration of s~id prope.ty a ~ny pan theraof.
S. To p+y aU ~nd sirgul~r ths oosts, cM~s and expe~ses, incl~dlrg ~ reason+bl~ ~ttwney
s fee u+d oosts of ~bstnda of title, lrxvned or p+id at ~
any time by said MORTGAGEE, bacsi?se w in the event of tM failuro on the p+rt of tM said MORTGAGOR ro duly, promptly and fully pKiam, discharg4 ~
execvte, effad, oomplets, comply witF. snd abide b; sxh and every the stip~latio~s, ayreemenn, conditio~s, and covenana of ssid promiswry nots and thu
mort9a~e any or eithe~. and said oosN„ charges and expanws, esch and every. sl~all b~ imrn~diately due ~nd paysbl~; whether or not there b~ noY~ce da
mand, anemp~ ro oolkct or wit pendiny; and the full art~ovnt of ~ach and w~?Y sutl+ P+Yme~t +h+~~ bea~ interest from tM dat~ thereof until p~id at the
rate of ~ine per centum per annum; and all said oosts, chuges and exptnses incwrad or p~id. logether with such intsrest, sh~ll be iecurad by tM lan of tha
mOrt~~f.
6. ihat (a) in the event of any breach of this Mwtysge or defwlt on tlu part of th~ MORTGAGOR, or (b) in iM eva+t any of s+id wms of money
herein roferred to bs not promptly ~nd fully paid within thirty (30) days ne:t after Ihe same uverally become due and psyable, without demand w notice,
or (c) in the event cach and every the stip~lataro, ~grae~nenh, condiYrons snd covanants of ssid promiuory rate and this mortga9e any or eithe~ m not
iuty. promptty and fully performed, discFwrged, executed, effected. completed, oomplied with and ~bided by, then in either or any svch event tM s+id ag
greg~t~ sum mentaned in said promiuwy note then remainirg unpaid, with i~terest acaued, and ~II montys secwed hereby. sh+l) beoome dw and p~y-
abte forthwith„ or thereaher, N the optan of said MORTGAGEE, ss fvlly and completely as if all of the said ivms of money were wqinally stipulated
to be paid on such day, anything in said promissory noro w in this Mortyage fo the contr~ry ~otwithsunding: and thereupon w thereafta at the option of
said MORTGAGEE. without not~ce a dam+nd. wit at I~w w in pvity, therefore w lharsafier beyw~, may be prwecuted a~if all mawyi a~cv?ed hereby
had matured prior ro in iroticution.
7. Thst in the event thst at the beginning of or at ~ny time pending any wit upon this N1~a to fw~close it, w to reform it, a to enforos j
payment of any claims hereunder, said MORTGAGEE shall apply to the CouN Mving jurisdiction tlxreof for the appd~ntment of a Recavar, wch Coun shall ~
forrhvr:th appoint a rauiver of said mwtgaged p?operfy all aed sinyulu, including al) and'singular tFK inoonw, profit~„•jstues and _rever~ues from whatever
wurce derive~, each snd every of which, it beiny expreuly u~derstood, is hereby mortgsged as if s~teifjcally}~ fortl~~~+d desa~bsd in ths yranti~g and
haben~xn cAvses hereof, and s~ch Receiver shall have all the broad ~nd effective functiau a~d powen in anyv~ise entrosteil~~ L'lourt to a Receiver, and
such appointment shall be msde by such Court as an admitted equity ~nd s matter of absolute rght f~ s+id' MORTGAGE~;. ahc~~w~thout .reEeience. to tM
adequacy or in~dequacy of the value of the property mortga9ed or to the sohency or irnolvency of }aid MdRTGAGOR `a the de~fendanri, and that such
rents, profi», tncans, iisues snd revc:~:.~rs shall bs applied by such Receiver socord~ng ro the lien or equity o~ said MORTGAGEE and the proctice of s~ch
Co~rt. ,
8. To duly, promptly +nd fully perform, diicF~ar9e, execute, effect. oomplete, oomply mith and ab'~ by each and every the stipulation~, ayreemsnts.
conditions and oovenants in said promissory note and this mottgage set forth. _
9. That in ths event ths ow~ership of tMe mwty~yed premises. a+nY psrt thereof, becomes vested in a person other thsh the MORT(`aAGOR, ths
MORTGAGEE, its successon and assigns, may, without ratice fo the MORTGAOR, deal with such succeuw w wccessor in interest with reference to this
mortgspe and the debt hereby secured in the same manne~ as with Mwtgagw without in any way vitiating a discharging the Mort9agors' liabiliry herr
under w upon ths debt hereby secured. No sale of the premises hereby mortgsged snd no forbearance on the part of the MORTGAGEE or its successon .
or aug~s and no exta~sion of the Yune for tl+e payment of the debt hereby secu~ed given by the N10RiGAGEE w in successors w assigns, shall operate
to release, di~char~e, modify change or affect the originsl 1'iability of the MORTGAGOR herein, either in whole w in part.
10. It b specifiully agreed that time is of the essence of this contract and that no wsive? of sny obligstion hereunder or of the obligatioo ~e-
cured hereby shall st any time thereafter be held to be s waiver of the terms hereof or of the instrument sec~red herby.
11. lo additio~ to the fuegoing monthly payments of princ:pal aod interest required by the promiuory note secured hereby, mortgagor tovenants
and agrees to psy to mortgagee with each monthly p~yment ~n additional sum estimated by mortgagee to be eqwl ro 1/12 of the annual cost of the follow-
ing:
A-All re+l property taxes kvied w assessed against the above dexribed real estate. ~
B-Pre~niums on fire and windstorm inwrance ss herei~ required to be carried on the improvements situate on the above desvibed premises.
; C-Premiums on such mortgrS7e_guaranty insurance as mortgagee shall from time ro time deem fit ro carry on the loan secured hereby. :
' Mortgagee shatl from tjpro to timesnotify mortgagor in writing of the amount due and payable hereunder and such sum shail therevpon be due and ;
payable on the due date of the n~xt monthly payment and each suctessive month thereafter until mortgagee shall notify mortgagor of a change in wch
~ a~iount. Such svms sha10 be applied by mwtgagee toward the payment of real property taxes, insurance premiums, and mortgage guarsnty insutance • '
~ premiu~n3a~_,,:~ .;~:~:'t:lt:fll)!/
g IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day y irsi,a ' A ; Y~ rQ ~i/~,~,
! Sipned. Seakd and delivered in the of LSK • ~t•
~ i~ BY: . nt; 9
. c9 • "
~ Attest: - ~ ~_~y '
}
~ --s~- ,
~ - : _ . w. #
~ ~?'r t ~ , .
STATE OF FLORIDA COUNTY OF ST. LUCIE v; • • • . • . ~ ~ ~
~r ' ~ ,~~g
I HEREBY CERTIFY, That on this day of May ; A.D. ~9 , ~
Brrol S. Willes Ann C. T ylander ;
~ be fore me persona l ly appear e
d an d ,
respectively President and Secretary , of ~
~ Tylander Renta?ls, Inc. Florida ~
, a Corporation, to me '
known to be the persons described in and who executed the foregoing instrument, and severally acknowledged the exe-
~ ~
~ cution thereof to be their free act and deed as such officers for the uses and pursoses therein mentioned; and that they
? affixed thete~d thg ~t~fiGa) seal of said corporation, and the said instrument is the ad and deed of said corporation.
. ~ G. :
G1
~ i~ViTt~ESrS my hand••~Ad isfficial seal at Fort Pierce , said county and state.
{ - ~tn r.
~ ; r• ~ ~ILED A~JD R~CORDED Notary Pu , in and for State and C u aforesaid. ;
~ : ~ ' ~ ST. LUClF COUNTY,
~ r ' ~n;,~ F~A• Commission Expires: ~
~ .L•, - , - .j:~~:U 7-,D ~
~j : M~ r o P~ 3~ 35 f
~ of Fort P
e~ce • 1
T. Driscol ~ - s~a'20
~ ~ ~ ~ F.
r~ rpK ' = :-i?, ,
~ 1'~s ~nshumer~ prepar~ 6y ~~T C OU RT
~ F'ust fdieral Sav. & .
~
~ of Fort Pierce
~ gy ~~0 r~ s c o ~o~K PACE Z4i5 r- ~ ~ k
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