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HomeMy WebLinkAbout0447 , ~ i , ; r i ~ To plaa and continuoinly kNp on tFN buifdin~s now or MrNfta ~itu+t~ on said land ~nd on all putp+wnt and perwn~lly oovNd by tN~ n+at~ p~ with ~II premiw~A th~rwn p~id in fvll, fin iniv~~nc~ in the vswl it~rdard policy form, ~n ~ suM ~pp?ov~d by tM MORTGAGEE, and wiew~tam irqw~na in tM uswl ~tu~dard pol~cy fam, tn a wm approwd by tha MORTGIIGEE, in such comp+ny or canP+~ia u tFN 1NORTGAf3EE niay dlr~ct~ u~d all tk~ u+d wird~Mrm intwanc~ polici~+ oe ~ny of said biildinps, any int~~eit thtr~in ~x p~A thenof, h+ th~ pp?~yaq wm afa~s+id or in ~xce~s thtr~of, shall oontsin iM vswi st~odud mortqayN cl~~ne a iuch otha cla~ a tM Mort9+~ n++Y ro4vin. m+kMp tM ~oss u^d~r s+id Pol} ciN, ~ach ud ~wry. Wr+bN ro s•id MORTGAGEE a in inrKe+t may +ppaa?. ~od ~+ch ~nd ~vav :uch Pol~cy sMll b~ prompry .ss:9~ed u~d deliv~red to .ey MW by wW MORTGJ?GEE ss funha s.ev?i~y ro s+W mo~ey+p. deb?. ~nd. not I~ss tMn t~n (1~ days i++ advanu of th~ ~xpk~Yan of ~ach policy. ro dr IivN to said MORTGAGEE a?enswal thenof, top~tMr with a r~ceipt fa tM prsmiwn of wch r~newalj a~d tMn sMll b~ no f'u~ o? winditam inwr~nc~ plapd an ~ny of said b~rildlnps. any inter~st tMr~in w p~N tMnof, unless in the form'and wi~h tM los~ p~y+ble ss afw~saidt and in tM ~wet any wm of mary bacae~ paY+bl~ ~nde~ wch Pdiey w poiic'~s ~+'d MORTGAGEE sl~sll i?~w tM optan ro nuiw +nd ~pply tM s~me on ~ccoum o~ tM 4~d~btsd- n~u s~cw~d hK~by a b psrmit s+id MORTGAGORS to reteiv~ and us~ it w any part the~~of (a other pu~poses. without thereb/ waiviny or impair- inp ~ny puity. li~n ot ~ight ur?da~ o? by virtw of thls mott9~pet and in 1M ~vent said MORTG/1GOR5 tF?sll fot ~ny r~ason f~il fo keep tM said pnenises so Ir?wnd, w faii 1o deliva prariptly ~ny of said policies of lmunnu ro said MORTGAGEE, or t~il promptly to p+y fulty ~ny premium tMrefo~ w in u+y nsp~ct faN to pafoan, d~schsrg~. ~:ecut~. ~ffad. oompbt~. aa++ph? with ~nd ~bid~ by this cown+nt. w ~nY P+n hKeof, said MORTGAGEE may plac~ and paY fp~ wd? &qorux~ or aMr p~rt fMnof withoW w~hinp or ~fhdinp ~ny opYan, ~i~n, puity. a?ipht w~d~~ or by virlw of this Mwtyap~. ~nd the full ~+nt of eath and wery u+ch WYm~nt s~+~li b~ immedi~tely dw aed payable and ihsll be~r intK~ss from tM dat~ thereof until pa~d M tM at~ of nirw pr centum pu ~nnwn +nd royefha wnh sucA i~ter~st shall be secvnd by ths lan of this mortyap~. 4. To p~nnit. aonwnit or wff~r no wute. 1111~i1?rtll~11 Ot ditlti0liti011 Of Mid ENOpQf1~I 01 i~ly ~1 f~1MlOf. S, To pay ~11 sed ~inpular 1M'cosn. charya and ~xpsn~e~, inch~dinp a resso~uWe ano~ney's fee and costs of ~bsnxts of title. ie~ned o~ paid at any time by s~id 1NORTGAGEE, because or in the ~vent of tM failure on the pan of tM said MORTGAGOR to duh. P?a^P~~Y +^d ~+~~Y P~a^4 d'~~rgR ~ exscut~, ~ff~d, compl~t~, caoply with and abid~ by ~ad? and every the :tipulatia?s, sgreanents. conditiorn, aed oow~+nb of said p?omiuwy nots and tAis mortyaps u~y or eithe?. ~nd s+id cosh. charoes and expanses. each aad ~very, sMll be immedistely dw u+d p~ysble; whether a not then b~ notici ds reNnd, ~ttempt to co11K,y w ~uit pMding: and tM full srnow~t of esch and rvery wch p+vmenl sA+ll bea. interest from the date tMreof ~ntil p~id at the ~ rate of ~ine per aw?tum per amwm; and all said cbsts, chuges and ezpenses incwrad a psid, topethK w~th wch iMerest, sMll b~ a~cured by th~ IiM of thia mortp+0~ a, i)wt in tM eveM of un? breach of this Morl9ape w defauh on tM part of the MORTGAGOR, or (b) to ths eve~t any of ~id swns of ma+e~ { herein r~fernd ro be not pranptly ~nd fully paid within thirry (30) days nex~ sfter the same severally bec«ne d~e and p~yabl~. withow d~mand or noYro~, or W in tM ~vent each snd wery tFw stipulaY~ons, sg~~anenn. cond~tions and cown~nts of ssid p~omissory nae aad th~s matps~e u~y w ei~hK u~ no1 ivly, promptty and fully paform~d, d~sch~rged. executed, effected, compkted, compl~ed with a~d abided _by. then i~ either a sny such w~m tM said a~ prt~at~ wm mN+tion~! in ssid ptomissory oote then ramsininp unpaid, with interest acuued, and all mo~eys secured hereby, shall become dw and pay- •bl~ forthwith, a th~r~ahM, at thc option of said MORTGAGEE, u fvlly ~nd compktely as it all of the wid wms of ma+ey wer~ aigin~lly ~tipulated ; ro be paid a+ :ud~ day. anything in said pra~i~swry note w in th& Mortgsye to the contrary notwi~hstandinp; and thereupon or thereahe? ~t tM option of ; ~sid MORTGAGEE, without not~ce w demsnd, suit at I~«r or in equity ~MNlFOIQ Ot ~FItfNNN bepw+, msy be prosecuted u if all moneys ~cv~~d hareby ~ hed m+wrsd prar ro~n inst~wtao. 7. That in tM ~vent that d the begim+ing of a st ~oy time pcnd'ng aoy suit upon this Mortgsge, w to fweclose it, a to refaro it, a to e~fo~q ~ payment of aey daims herevnder. ~aid MORTGAGEE sMll appty to the Court hsving jur~sdidioo thereof for the appo~ntment of a Receiva. wch Coun sha{I I fwtFiwith ~ppoint a receiver of said mortgsged property all ~nd singvl+r, includmg all and si~gul~r the income, profits, iswes and revenues from whattver wuru darivsd, each and every of whKh, it being expressly ~nderstood, is hercby mo+tgaged ~s if spectficaliy set fath and described in the prantiep u+d Mbsnduen davses hareof, and such Receiver shall have ~II tFe broael and eHective functions and powen in anywise entrusted by s Co~rt to s Receiver, ~nd •uch sppointment shall be ma~le by such Court as an admitted equity ~nd a matte~ of absolute right to said MORTGAGEE, and without reference ro the ~ adequ~ty or inadeqwcy of the wlve of the p?ope~ty mortgsged or to the sotvency w insolvency of said MORTGAGOR w the defendants, and that s~+ch rena, profiq, Income, issuet ~nd revenves shall be applied by svch Receiver accordiny to the Iien or eq~ity of said MORTGAGEE and the practics of such Court. ~ 8. To d~rly, promptly arid fully p~rform, discharge, execute, effect, complete, comply with u~d abide by each and every the stipulations, ayreemenb, ~ conditioe+s and coven+nb in sad promissory note snd this mwtgage sct forlh. - ~ 9. That in tF+~ event the ownership of the mortgsped premius, w any paH tlxreof, becomes vested in s penon other than the MORTGAGOR, tl+~ MORT6AGEE, in succeuon •nd suiyns, may, without noY~ce ro the MORTGAOR, desl with such waessw a wccessor in interest with reference to this mott~~e ~nd tM debl hereby setured in the same manner as with Mortgagor without in a~y way vitiating w dischsrging the A'.wtgagors' li~biliry herF under or upon the debt hereby secured. No' s~le of the prcmises hercby mortgaged snd no fabearance on the part of the /AORTGAGEE w iri successon w assgm and no extenian of the time fw the payment of the debt hereby secu?ed g~ven by the 1NORTGACaEE or its succeswn or auigns, shall oper~t~ ~o rel~ase, dixMrpe, modify th~nge or affect the wiginal liability of the MORTGAGOR here'a~, either in whole or in put. 10. It is specifically ~greed tMt time is o1 the essence of this contrsct and th~t no w~iver of any obligation herevnder or of the oblip~tion sa- , cured Mreby shall ~t any time theresfter be held to be a waiver of the terms hereof w of the instrumeM secured herby. 11. In addition to the forego:ng monthly payments of princ:ppl and interest required by the p?omissoty nore secured hereby, mortgagor covena p and agre +y to mortgsgee with esch mo~thly payment ~n addirional sum estimared by mortgagee to be equsl to 1/12 of th w o t e o ow- ~ ing: A-AO real propeAy taxes kw a ainst the above dcscribed re . ; B-Vremiums on fire and windttorm insurance as he ' on the improvemenh situate on the above desaibed ptemises. i C-Premiums on such martg+ge ~nsurance as r~wrtgsgee shall from t~me to time on the bsn secured hereby. ' ' Mwtyagee shall fr ' to time ~otify mortgagor in writing of the amount due and payabk hereunder and suc , ereupon be due sr+d ~ payable on the se of the ne:t monthly paymeM and exh successive month therea~ter until mortgsgee shall notify mortgaga o ~ ~n such ; am sums shall be applied by mortgagee toward the payment of reat properry taxes, insunnce prem:~ms, and mortgage guaranty insu i emiu~M. IN WITNESS WHEREOP, the said M10RTGAGOR has hereumo xt his haod and seal the day snd yesr fkst aforasaid. Si d, S~abd and eliwrod in the presence of: . ~ )~~l~tne~ses a~ to ~ p ~ )~a~es T y~r +4 )W~tnesses a~q to F~~ +n • s gnature o T ~rwnico T~?yior S!'~tFCOR~ V~RIFIEO h. - ATE Of~oam~ot tvew x~tttc ~ 169~~4~ COUNTY OF .JiYR~I~L[ ~I~~ ~ t~I? ~~iy Ja?mes Taylo~6R AIt~ 1 S Au a• e 1 ~nd~~ ia~.rifw to me well k~own and w r!» k~dividual~ dNOibd in and who executed the fae9any instn?rrnm, and acknowledyed bafore me th~t 1F+s~ executed ths t~~Aq. ~ ~ ~ . rFwr~in ~xpr~swd. J~~d.1M~ _ • e~w~nMwN~w~ ~.rpwM+~d.+M?a.f~~i~as~ieLirrhr~.+dv~rl~d-ta.~d.k~fo~.aM.tb~iih~J+ui~t . triy?.~ri~wtho~t-a~1?~w~bio+..~ws~a~rM•-MP~ ~.bar.dp.f~on.ker.~ir~wab~wd - (r~ ~ C• . ` WITNE55 m hand and official seal thi day oi Au u t ' 19.~_ f ~ • 1 O t : STATE OF FLORIDA ~ ~ ~ - , Noury Public in N+d fa t!y Statt of . counrtr oF St. Luci~ Mr co~..~ .,~..s: ~ _ w~,. ~,,,,~ity Bunict Tavlo= ~ ~ bwMife, to ene weN known and krawn to me to b~ tfw irdividu~ts dtiniMd in u+d who ~xtcuted tM fue9oirg instrumant, and acknowl~~d befon m~ tbat ~r! e~ilwf~d tht s+n+~ iw tM pvrpw~s + rM~tin ~xpr~swd. Md th~ s~id l3Ln~r~e Ta~~?lor ,•.~rTi,~ -~a~ps T lor . .~a ~.a rlrlf~ 01 t~N M1d l~,y " e" ~ flW~ eaamiewtion b~r me tak~n wparate and ~p~rt froen her sud husband. ~tlcnowled~ed b~nd befw~ mt tMt.sl~e.~c~art~d sald (iy~n?m~nt hs~ly and voiu+t tailr ~nd w~thovt arpr con?pul~+u?. ta»er~int. ~ppreMns`~' ~w f~~r of w from Mr said hvsband. • ~ WITNESS m~r h~nd ~nd ofikul seal tl•r. day of ~ _ J t A. 19 68 ' .~7. - Ndary P it" i~ .w+d br thi Sf Of florida N l~rp~ ~ iis ir.st~ument preRa~ed by M,, ~ i q~/ R.+~." T~: First f~we;at ~a~.. & Loan A:>an. w~ F.a...~ s.~. a~ of Fori Pie •~!~otur P,~k.~ St.te o~ t~~ a ~on PK,c.. • " aAy Cw~miss'u".Enpi~s ~4' R~eres, Fior~da 6 ~.....a~r~.ac.~w.sa.~_~-'~~ ~ - 8~K 444