HomeMy WebLinkAbout2342 . ~ ~ . i.:~ ~
u :•_~r
ro plaa and oontinuovsly kNp on Nn buildinp~ now a Mnaft~r ~Nwt~ on faid I~nd and on ~II pukxr~+t and pKwn~lty oow~~d bY +hk mat~
p~, wilh all prwniumf tl~ean piid in ful4 fi?a hswana in tM usWl sqndard Policl? tom+. in ~ wrn approwd bY tM MORTGAGEE. and v+indttorm
ieuw~na in tM uwal au+d~?d polic~/ fonR in • wia +PProvid bl? th~ 11110RTGAGEE. in wch oanP~nY a oo~R~~M a 1M MORTGA~iEE n~?
dinctt and aN fin and ww+dNwm irauwna potiws on +nY of aW buildinpy ~ny M?1K~st thu~in ar part tl~wf, in t!r apq.tp~a swn ~for~id a
In ua~ th~nol. sMll oont~tn tF~e wwl a~nd+rd mort~+~ daus~ a wd~ wlw~ dauu a tlw MortyapN m+Y ~squ~. makkq tM Iw~ w+dK uid po1F
ciq. Nd~ and w~tY. Wyabb to ~aid MORTGAGEE a ib inhte~t ~wy app~~t. and tath and ~vNy wd~ P~k1l sh~il b~ promptly at/:~iNd and dtliwnd fo
any Mid by said MORTGAGEE as fwtha s~cwity to wid mo?t~sp~ ~bt. and. oot las th~n ta~ (10) days in ~dvu?o~ o~ th~ ~xpk~tion of Nd? policy. to da
liv~ fo wid MORTGAGEE a r~wai tMrwf. topetMr with • r~aipt iw tM prwniwn of a?ch re~ewais +nd tha~ ahall b~ no fin a wind~~win haw+e~a
plaad on My of s~id buildinps. +eY lotetat tMrein ar pet N»rwf. unl.ss M ~h. io?m and wi~h ~M Ios• payaW. as •fon~aidr •e~d ~n t1,. •v.M «~y sun~
of nwe~y beowna p+Y~bh ur~ wch polky or polkia s+td MORTCsJ?GEE ah+tl Aaw tl?~ option 1o naiw and +pp1y th~ s~+~ on aeao~xN of tM M~d~Wed
nas s~ew~d AK~bp a b pumN said MORTGAGORS a natw +nd ws N ar ae~r p+rt Nw.wf fo? otha pwpoa~a, without rM.eb/ waivinp or irnp~ir
inp ~nY puitp. li~n a r'ght u~~tiK or by virtw of tNs mottq+fl~t and in dN ~wM said MORTGAGORS shall for aeql tN~on fiii to lu~p tM laid pr~mises w
ka~d. or fstl b dtUwr Pranpt~p ~nY of said polieia of ieaurana to s~id MORTCsAGEE, a fail Pt~P~FY ~ WY ~~t1? MY P«+niuen thsniw o~ in aeryi
nspat faU b pufore~, discharp~, uaeut~, ~fhcf. ea~p~~t~. ea~P~Y with ~+d ~bide by M~b oownant, or ~ny paA hKwi. s~id MORTGAGEE may piao~ ~nd
WY (or w~d~ tnw~ano~ ot aM? part M~r~of withouf walvGg or ~ffr'eHnp +eh? aWion. ~i~n. p~~h?. a?iqht under a by virtw of thit N1w~p+q~. and tM
fvll amoerM of ach and evary wch payn~a sh~ll b~ imn»di~N1y dw and p~yaW~ and shall bw int~rest from ih~ dah tMreof until paid ~t tM wn of
~ pa antwn p~r anrwm ~nd to~tF~ with surh in»rsst th~ll b~ s~cvnd by th~ li~ of thb maq+pw
I. To pwmit, aann3t w wffM no was», inP+&m~nt or dttKioation of said propKty or ~ny p~rt tMrwf•
S. To p~y aU and sirgular tM aoats. ch+rpa and ~xpaa~~ indudinD a ewsaMbM ~ttormY'~ he ~nd oosri of sban~cts of tlt4, kKwr~d w p~id ~t
a+~y time bp said MOttTGA6EE, bca~a~ w in tM ~vMt of tM iaih~n on th~ psn of tM s~k MORiGACsOR 1o duly. P~a^M~Y and fvi~Y P~a^~
~xesv~~. ~ffaet. aomP1~~~. eomplY wit6 and ibid~ bp s~ ~nd ~wry M: stipulatiorn ap?sanenb. aonditioir. aed ooven~nb of safd promissory noN and this
ry+e?p~~ +nY w~ithK. ~nd said coa~s, cFwpa aed txpa~.~es. ~ad~ aed ~wry. shall 1» knrr»diately dw ~d psy~bles wMthsr' a eot ther~ b~ notio~ d?
m+nd. +ttemPt to aolbct or suit pMdi^0: and th~ tull aeno~xN of:wcA and ~wrY ~ WY~~t sh~ll b~4 interest fran tM daN tMrwf u~tH p~id at 1M
rate of ~ per o~ntum per anwnV +~d alI said oos~s. ch+r~t+ and ~xp~ns~a lna+rnd or p+id. to~thet with wch inter~st. sh~ll be s~cur~d br tl+~ lisn of th4
mottpip~.. .
6. TMt (a~ in tM wa~t of arry bresch of fhb Matya~ ar d~fault on th p~rt of th~ MORTGAGOR. or (b) in th~ ~wnt ~ny of s~id suna of nwney
Mrein nfsrnd ~o b~ not prompty and fvly ~p~W within thirty (30) dsys nezt aRer th~ sa~ne saver~lly beco?rn due uid p+yabl~. withouf dem~nd a notip.
or (d in tM ~wnt sach ~nd ~wry the sHpulatioeu. ag~Nments. aond'+tions and cov~nrna of aaid praniswry note snd this matpap~ any a ~it~r u~ nof
luN. P~^Pthl +~d fully p~fan+~d, disd»rped, aucutd. ~Hect~d, oompletsd. complirJ with and ab'ded ~iy, tMn in eithn w any wch ~wm tM aid +p~
p?p+t~ wm meotioned in s~id po+nissory noro then ?emaini^0 unp+id, with interat acvuad, and ~II maiep secvred haeby. sf++tl baoon+~ dw snd WY~
sbb iorthwith, or thereahar. ~t th~ option of said MORTGAGEE, as ivly ~nd compl~telp as N ~II of M+e wid swns of morky w~?e «ipirnlly ~tipulat~d
ro M p~d on wch day, a~ylhiny in sa;d prom',ssory noh or in this Matpape to tM contruy notwitMtudirg; and therwpon w thereaAa at th~ option of
aald MORTGAGEE, witho~?t naia w dMi+nd, wit ~t law or in pviry, tMr~for~ or tMreafier bpun, m~y be praaacvt~d a if all moneys ~~cwd Mnby
Md m~fured prior ro iti i.istifution.
7. Th~t in th~ we+~t that ~t the beyinninp of or st ~ny tim~ Pen~fi^p +nY wit upa+ this Mortgsg~, o~to-Ieraclw~ H, w to nfwm N, w b a~fwa
psym~nt of any claims herwnder. s~W MORTGAGEE sh~ll spply to tM Court h~virg jwisdrction thareof for the ~ppointment of a Recsiver. such Ca?A sh~ll
forthwith ~ppoiro a receirer of ssid mort9agad prop~rty. all and sinp~l~r, i~clud~np all and sinp~lsr th~ incwne, profits. issws u~d revenws iran whatw~?
wwos derived. ead~ and every of which, it bc+.~ ~xpressly u~d~ratood, is htreby n+wtgaged as if specifiully set forth ~nd dacribed in the prantirg and .
habendum clavties hereof. and wd+ Receiver slyll Mw ~II t)w broad ~r~ effective functions ~nd powen ie anywise a.~tn»ted by a Co~~1 w a Receivsr. W+d
such ~ppointmeot shall be made by wd+ to~rrt ai sn ~dmined eqvity ~~+d ~ matter of absolute right ro said MORTGAGEE, ~+d withovt referena to th~
adequ~cy w indequacy of th~ wlw of th~ property mort9a9ed or to the soNency or inso~veacY of ~aid MORTGAGOR a fhe defandaon, snd tMt wch
renn. profits, incane, iuws snd revenuss ahsil b~ ~ppliad by wch Receiver accordinp to th~ lien or puiry of said MORTGAGEE and tM practia of sixh
Co~ut.
a. To duly. promptly u+d fully perform, disd+arye. ex~wte. effect, oompkte, comply arith and sbide by e~ch uw! ewry ths stipulatlo% aynements,
cw~d;tioris ~nd oovs~snn in saij! p~omissay note ~r?d this mortys~ set forth.
9. TMt in tha evem the ownenhip of ths mort9aged premises. w a~y part tF~eof, 6emmes vested in a penon othar tMn the MORTGAGOR, tlr
IKOitTGAGEE, in wccessws and wigni. m~y, withou~ notics to the MORTGAOR, desl with such succes+or a woceswr in interest wi~h refer~nu to this
mort~ap~ and the debt hereby secwed in the sune m+rrw as with Mwtgagw withow in sny w~y vitiatirg or distMrpinp the Mortga9ws' Uability hs~~-
unde? a ~rpa+ N~a debt hereby :ecured No ak of the prerriues Mercby mortgsged and no fabearsnce on tM p~rt of the MORTGAGEE a its waesson
w~ssigns and no extension of the time for th~ payment of the debt henby secured yivsn by the MORTGAGEf or its sucassors a auipns, sh+ll opaa»
ro rel~ae, duchupe. modify charge or ~ffect ths wipinal liabiliry of ths MORTGAGOR haein, either in whole o~ le put.
10. It b specifically agroed tMt tim~ is of ths esse+rc~ of this coMrsct and that no w~iver of srry obli~stion hsrwnde? or of th~ abliyation ~e-
a,rod Mr.by shall a~ any ~ane NN...h.. be h.ld ro be s waiv.r of ~he ternn hereof a of rM instrKnero s.n,red he.by.
11. tn sddrt~on to rhe forego:ng mon~byr payremn of princ'pal and interest requKed by the promissory note sec~red I+ereby, mortgs~or oovenants
` and agrees to pay to mortgagee with eich monthly payment an addirion~l swn estimsted by mortgagee to be equ+l to 1/12 of the annual cost of ihe folbw-
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A-AU real property isxes kviEd w assesud sgsinsf the above described resl `estate.
6-Premiums o~ fire a~d windstorm inwrance as herein requ'ued to be urried on the improvemeab situate oo fhe sbove destribed premises.
j C-Premiums on wd~ rnortgage gusranty insuranoe as morty~gee shall from tmrc ro time deem fit to tariy on the loan secured hereby
~ Allortgagee shail from time to time notify mortgagor in writiog of the amount Aue and paysble hereunder and suth wm shatl therevpon be due and
i pay~bls on ths due date of the next monthly p~yment and exh s.rccessive mor+th thereafter until mortysyee shall notify mortgagw of a chaige in wch
~ smount. Sud~ wms shall be ~pplied by mwtyagee towsrd the p+yment of resl property t~xes, inwrsnce prem:vms. ~nd mortya~e guuanty~inwnr?ce
~ promitwms. • _
IN WITNESS VYNfREOF, the said MORTGAGOR has hereuMO s~t his hsnd ~nd seal the day and nt ~ esa'
` Sipmtl, S~aMd ar~d d~liwr~d in the pres~nc~ ofe
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- fs..n
STATE OF FLORIDA ~ ~
5?. L.UCIS -
couKnr oF
I.loyd ?ayloz
e~fo.. lot i di
F Taylor w~f., t~ m. w.u known ,na krw~, „ m. b.
Me .Ind'"~idi!!~!. dworibd in and who uuar~~d th~ for.~o~ instn~nt, and ~ckr~owlsdped befon n~e tMt tMy exawt~d the sarm for tM purposas .
• Clotild~ F. Taylor
~ ,A,~ ~ . .`~,Z, _ Ta? lo! vPon • s~~rm «d prtvaN
Yx ~~..'1~ ~ iMitat~ ~nd .parr fran h.r s.td Iwsb.nd. .dcrwwl.dped a and b.fon n+~ N~.t sh. •x.a,r.d s.id imtrvn»M h.~tr and vok~
a ti~l~'+~ wi+lw~ aompv~+l~n. .i+t. t..? of o. fron, Iw, ,.~tt~,~bss 68
~ ~rr~s ~n'~'"a a~ er~• 1~ d.~, of o. ~9
. as ; _ ~ . Q .
_ ; : • - : _ ~a, .
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, : Notsry Public in ~nd f« th~ Stat~ o# Florida u l~rp~
:~jj.:'...•••`~'i« ' fILEO AN~ RE~~ FLA• Mr c~~
~~,~+d~a ~i^04 .+;!p•~+ ~~+tiO" ST. IUC~E CV~RTYEp ~pTA~1r rptlCr tTnt A 11~Y AT Wl~t
of ias M.~ce f,• 0 R.. ~ M~ EX~YlEi DK. 7. 1771
•..~rws I~a~ K Rlsfl~~o4~t
iwt~ Piuq.. flwida i~v-
- ~ '68 OCt 1 ~M 11:35
This Instrument Prepared By
F1nt Fad~ral Savirqs 3 toan /4sociation ~0 ~Eq FOt'RAS
• f Pittas
c~aK c~RCV~T coua
e~ed • . .
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