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Home My WebLink About0381 ' 1 i .1 • ~ i ~ To plaoi and contlnvo~ily kNp on tM buildieps oow a M~e+hK uw+t~ on ssW lud and oe ~II puipnent ~nd pNSO~++lly covend by thG nw~tp~ C p~. with ~p pnmlw-w thKeoe p+~d in fuli, firo inswanc~ in the us~al stu+J+rd policy form. ~n + suen approwd bY tM 1NORTGAGEQ ~nd wi~dstam imw~np in tM uswl ua~da.d pol~cy fam, in •:um approved by tM MORTGAGEE, in wch canW~Y a~W~?ia +s th~ MARTGAGEE n+~y dinctt ~nd aU fk~ and wind~torm ir?iwanc~ po~k~es oe any of said buildirgs, ~ny intenit tM«in w pa?t tl~wf. in rM apyrpat~ wn~ ~fonsaid a ( in ~xus~ Iherwf, slwll conHin tt?~ uswl itandud mortga~ clsuse a svch otl~ ciws~ at tM Morly~gN m+Y n9u'u~. mak{np th~ loss v~de~ said pdE ci~„ ~ach ~nd ewry. p~Yab1~ to s+id IMORTGAGEE a ia iroKest may ~pppr. s~d sach and every such poticy thall b~ promptly au:9~+ed u~d dtlivKtd to ~ny htld by t~id MORIGAGEE u fur~her s~cwity ro s+id matps~ debt. and. nw bss tMn t~n (10) d+ya in advance of tM ~xpir~tion of tach po~icl?. w da livu ro aid MORTGAGEE a nn~wal tMroof, to~~hu with • rat~ipt fo? the pr~miwn of such r~ewwal= and tl+a~ ~h+ll be no fi~~ a windstwm insuranct plao~d on any of said b~?ildinps, any k?te~at tMr~in or part tMreof, ~nleu in tFr iwm'a~d w7th tM bss paY+bb u afa~saW: u+~ in tM event any win of mp~y becoen~~ payaW~ v~ wch pol'~cy w poiici~s s+id MORTGAGEE shall hsw tM option 1o receive and ~pply tM s~m~ oe +ccou+?1 0~ tM ind~bted~ nqs ~cw~d h~t~py p tp permit aid MORTGAGORS to reteiv~ and ~ it ot any part ~he~eof fw o~he? purposes, wi~hout fhereb~ wsivin9 a impair- inp a~y pvity, U~n a r'pht unde~ or by vwfi» of this mortp+ye: u+d in th~ tveo~ wid N?ORTGAGORS shall fw sny r~ason f~il ro keep tM said pr~mises w imwed. w f•ll ro d.~iwr pranptN +ny of said polKies of inwnnu to ssid MORIGAGEE. a fsil promptly to pay fvily aey p?emium ther~for a in +nY ?~sp~tl fail b pKfocn~, disthary~, ~aecvt~, ~ff~N, tomplett. tomply with and ~bid~ by tAis tove~?ant. o~ +~Y W?t I+~eof, aid MORTGAGEE may plate ~nd p~Y fo~ wd~ ie~wrana or ~ny part thereof without w~lvinp or affMiep aq? opti0n. ~+N+. q~~tY. a~qht ueder or by virtw of this MortQap~. ud tM full ~eraw+l of ~ad~ and ~y s~tA Wymsnt s~»II b~ inun~diat~ly dw ~nd p~y~bis and shsll bsu interest from tM dat~ thereof until p~id at th~ rat~ oi niM pK centum pK anrwm u~d together with sucA interest sh~ll be secured by the li~e; of this mort9~pe. 4. To permit. aommit or wffer no wut~. impa6ment a dete?a?stan of said property w~ny p+N tlx~eof. 5. To p+y dl and sinQula ths ~cosri, ch~rpes and expenses. includinp a rsssonable sttomey i fea and oosts of ~batractt of title. incu?red or paW at My tim~ by s+'w' MORTCaAGEE, t»causs ot in the ev~nt of th~ failuro on the put of the said MORTGAGOR ro duly, prompNy and fvliy paform, disch+ry~ ~xecute. ~ffect, oomplet~. complY wi~h and ab:de by ~ach snd every ~he sr'Rwlarions, agreernenn, conditions, ae+d cove~a~n of sa~d p~aniuory noro and ~hu mwtyap~ arry a ~ither, and wid costs. chupes snd ~xpenses, each snd every, sh+ll be immediately due and payabte: whethe~ w not ther~ b~ notici de~ m~nd, ~tttmpt to colkct o~ wit p~i+dirg; and the full arnowit of each a~d every wch paymem sh+l~ bea? inte?est from the date thereof u~til p~id at tFx rate of nin~ pe~ centum per annurrV and ~II said o3sts, charyes and expe++ses incwred or p~id, topether wah sixh interesl, shall b~ secured by tM li~n of tha ~+or~D+p~. 0. TMt (a~ in tM ~vaet of any brsach of this 1Mortgsp~ ot defsuh on tM psrt of the MORTGAGOR, or (F) in tM event ~ny of aid swns of naewY h~?ein r~fKred to be not prompny and fully p~id within thirfy (30) days next afta the same severatly become d~e ~nd p+yabte, without dernand or not~ce, or W in th~ ~v~nt each and ~very the stipulations, sgreements. conditions and toven+nn of uid promiuory ~ote ~nd th~s mort~~e ~ny or either ~n nol ~ly. pomptly and fully parformed, discharged. executed, effected, completed, complied with and abided by, then in e~thtr or a~y such ewnt the said ag prs~at~ wm mentioned in said promissory rate then remainieg unpaid. with intere~t scuued. and s11 moneys xcu~ed hereby, sMll becwne dw and p+y- ablt forthwith, ot tMreafter, at ths option of said MORTGAGEE, ss fully and completely as ii all of the said wms of money wero oripinally stipul~ted to b~ pa~d on wcA day, snythirg in said promissory note or in this Nlongage ro the contrary notwithstanding; snd thaeupon or thereaher at the opuon oi ~aid MORTGAGEE, withow ~otics a demand, wit st law w in equiry, therefwe or tl+eteafeer be9un, may be prosecuted as if dl money~ secured hereby had maturtd piqt to in insfitWiWf. 7. That in th~ event that st the beginning of or ~t ~ny time pending ~oy su~t upon this Mwtgage, or ro faecbse it, or to mform it, or to e~foro~ paymer~t of any da~ens herevr?der, said MORTGAGEE shall apply to tF?e Cour~ having jurisdiction thereof for the appomtment of a Reteivcy, wch Carit shall fonliwlth ~ppoint s receiver of said mortgsged property all and singulu, includmg all and singula~ the income, profits, issues and revenues from whst~ver wurp dKived. esch and every of wFiKh, it being expressly understood, is F+ereby mortgaged as if specifically set fath and described in the prsntinp and habendum clavses hereof, snd such Receiver shall Mve all the txoad and effedive funct~ons and powe~s in ~nywise entrusted by a Court to s Receiva, and such appointment ~all be made by such Caxt u an admitted equity and a matter of absolute rigM to said MORTGAGEE, a~d without reference to tM adpuacy w in~deqwcy of the value of the properry mortgsged w to the so~vency w~nwtvency of ssid MORTGAGOR o~ the defenda~ts, ar?d that such rents, profib, G+car% iuues snd rwenues sAall be applied by such Receiver accord~n9 to the lien or squity of said MORTGAGEE and the praci~ce of wch Court. & To duly, promptly ~od fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulstions, agreemenb, cord'itioro ~+d covensnts in said promissory note ar~d this mortgsge set fwth. 9. 7Mt in the event the ownenhip of ths mortgaged pre~nises, or any paH thereof, becomes vested in s perton other than the MORTGAGOR, t}+~ MORTGAGEE, iri wcceswrs snd auigro, may, without norice to the MORi6AOR, dtal with :uch s~aessw a suctesso? in interest with reference fo this mortp~ and ths dtbl hereby secured in the same mannet ~s with Nbrtgagw withouf in ~ny way vitiNinp or disthuging ihe A'w?tgagon' lisbility hers- under u ~pon ths debt F~ereby secured. No sale of the premius lxreby mortgsged +nd no forbearanc! ori the part of the MORTGAGEE or itt successon tx ~uigrn and no e:tension of the time fa the paymem of the debt hereby secured given by the AhORTGAGEE a its suctessors or assigns, .h+ll operate ro nkase, dixhar~t, nwdify thange w affett the origi~el liability of the AhORTGAGOR hercin, either in whoie or in part. 10. It is specificslly agreed fhat Y~me a of the essence of this contract and that no waiver of any obl'gaf'an hereunder or of the oblipatio~ se- cvnd haeby shall ~t sny time thereafter be held ro be a wsiver of the terms hereof w of the instrument secured herby. ' 11. In add~tron fo tFrc forego:ng monthly payments of princ:pDl and interest required by the promiuory nole secured hereby, mortgagor toven~nts and ayrees to pay ro rtsortgsget with eath monthly payment an addiiwnal sum estimared by mortgsgee to be tq~al to 1 f 12 of the annual cost of the follow- 1 ; 'rg: A-All real property taxes levied or assessed against the above dexribed real estate. I~ B-Premiwns on fire and windstam insurance as herein requ~red to be carried on the improvements situate on the above desvibed premises. C-Premiums on s4c1+ nw?tyage gwrsnfy inw~ance as mortgsgee shall from time to time deem fit to csrry on the losn secured hereby. Mortgagee shall from time to time notify mwtgagor in wriring of the amount due and payable hereunder and such wm shall therevpon be due and p~y~ble on the due date of the next monthly payment and each successive month thereafter ~ntil mwtgagee shall notify mortgagor of s change in such amount. Such wms shsll be applied by mortgsgee toward the payment of real property taxes, iniurance prem:ums, and mortgage guaranty insur~nce i Prem~ums• ; IN WITMESS EOF, the MORTGAGOR has hereunto set his hsnd and seal the day year ~nf af id. Swlad ~ o : aq ~ •n , ' ~;o~~---'C~ cs~~ n..~ STATE OF FLORIOA ~ Seint Lucie courmroF ~ l~fors m. p..sona~ly .pp.srcd T9me a A~ TA ;.~1 ~r and PEt 2+i Ci E TBX 1 or his wife, ro me well kr?own and know~ ro me to b~ th~ in~vidwls dewibed in ~nd who ~xauted the fw np instrument, and acknowtedged before me thst ti~ey executed the same fw the p~rpose~ ~xa.~. ,~,d ~M ,,;d Patricia ~eylor Jame s A. Tay lor vpon • sep~r+ts ~nd priwt~ uwnination by rn~ Nke~ separat~ ~nd aput from her sa~d husband, ackrawledped to and before me tMt ~he executed said instrumem fresly u~d volun- ~uil~ wid w~tho~t uyr compulsion, constraint, +ppreh sior~~r har of or from her said huib~nd. ~p WITNESS my hand and officia! as~l this lrT;'~ day oi D. 19_SZS~ ? Nora~y ublK in and for the Sutt of Flo+id~ ~t larQe FIl.EO AND RECORDED My ~o~.m~~s~ ~apires: L`- 7/ a'""" To: ;T. LUC!~ COUr:TY. FL~. fitst F~derd Savirgs i Loan Associaf~on ?~y . or con P~crce. 1~ , NOTAw~ ?YStIC~ iTATE 9F ROIIIOA AT Fon Piette. Flw~da MYCO.IMIISSION ~pIRES NOV. ~~~f ' ~o?u ~nw~yaM_LSCO r. o.s~~s~Mos~ ~ ~ '68 r!'~ I 3 aW I Q~ y 0 . This irrstrument o,?~,;.; l.,,~ i P~~pared - Frst Federal Sav. a~~~ Ct~ZK CiRCU1T COURT - , ot F Pi ce _ ~ ` - By Qt~+' 0 R 3^~ _ - ~ ~~1?3 ~ 3~ ~ ..4`~ ~ , •:f:~pi ~ . ^ e . ~ ~ . 4 .