The URL can be used to link to this page

Home My WebLink About2952 ~ ~ . : . i to pt~c~ ~nd continuously kt~p on tM buildinpt now or •Mreah~r ~itv~» on iaid laod u~d on al~ equiprn~nt ~nd p~rwrully covK~d by this matq~ y~, with dl premiwns fMrwn p+id in full, fin inwranc~ in tM vwal sa~rd polky form, in ~ wm appror~d by tM MORTGAGEE, and wi~cbtwm inwra~p in tM ~swl p~ndud policy form, M• sum approv~d by ~M MORTGAGEE, in wch company a compaeies a tl» MORTGAGEE m+y dinclt a~d ~11 tin ~i+J windsro.m insw+e~a policiN on ~ny oi ald buildiep~ any intenst tF~~in w put tMr~of, (n tM apyrepat~ wm afa~said a In ucna thKwf, ahall cont~in tM usual st~ndard monyapN cl~us~ or such o~hK claus~ u tM Ma~yape~ m+Y nq~'u~. m+tinp tF+~ losi v~ s+id po1F cia. ~ach and ~wry. paYabl~ w said MORTGAGEE ~s its intanst m~y app~+~. ~nd ~ach and ~very suth polity th~ll b~ pranptly au:9n~d u+d delive?ed to any Mid by said JMORTGAGEE as furth~r secwity ~o s+id mortys~ debr, and, oot I~~ ~Me ten (101 d+YS in adv~nc~ of ~M ~xpi~~tia+" of each policy, to dM IivN ro said 1NORTGAGEE a r~waf tFareof, topttMr with • nuipt fw the premiwn of wch reMwal; ond ther~ sh~lt be no fu~ w wind~twm inwr~att pl~pd on ~ny of said buildiops. u~y interest t1+K~in or p+rt tMrwf, unlea in tM fo?m and with tM loss p+yable u afores+ids aod in tM ~wnt any sum of mpMy betp~ p~yabl~ u~de~ auch peU~y or polici~s said MORTGAGEE shall Mw tM option b receiw ad apply ths wns on ucount of t!+~ indebted~ ~ess Kcund F~tby a Io pKmit said MORTGAGORS fo naiw and vs~ it or sny put thereof fw other . pu~poses, without tAereb~ waivin3 0~ impair- iop anY pvity. li~n or ~ight wKler or by virtw of this mott9~pei and in tFN ~wnl ~aid MORTGAGORS shslf fo~ any reason fail to keep tl+s s+id pr~mue~ w inwr~d, w f~i) w dsliver pwnptly any of said policies of intur~nc~ ro s~id MORTGAGEE. a fail promptly to pay fully ~ny premium therefar w in sny re~pea fail w p~.fwm, d'acM.g~, ex~eut~, ~ff~ct, tompl~t~, eompty with and ~bid~ by this covsn+~t, w ae+y part hs~eof, aid MORTGACsEE may pl~ ~nd ~ pay fa such imuranu or ~ny p~rt tMrsof without waivinp o? ~ff~ctkq any option, IAn, pvity, w ~iyht ~nda or by vi~tw of this Mortyap~, ~nd tM ' full art~ovot of ~ach and ~wry such paymeet sh~ll be immsdiatdy dw +nd pry~ble u~d shsll bcs? interest from ths dat~ thereof vn~il paid at tha rats of nine p~r o~ntum per ~nrwm and together with such interes~ ahal{ b~ secured by th~ IiM of thb matga~. 4. To pamit, oommit or suffa no wa~», impaim~ent or deterioation of ssid propKry or any part thereof. S. To p~y all uid sinpular the costs. cha~ss ~nd ~zpenaes, intludirg a reasonabl~ ~ttan~y's f~s snd cosb of abst~acts of titls. incvned w paid ~t any tim~ by taid MORTGA3EE, beca~ss or in tM ~v~nt of ths failwe on th~ ps~t of tM said MORTGAGOR io duly, promptly and fully perform, d~icha~; ~ exeevt~, eff~d. compl~t~, oomply with and abide by ~ach ~nd every the stipulations, ayreemeMS, conditio~s ~nd covenan~s of said promissory note +nd this mortyays ~Mr w either. ~nd said cwn. cMrpes ~nd ~xp~nses. ~sch ~nd every, sMil be immediatety dw and payable; whether o? not there be notice de~ 3 mand, attempt to cdkd w wit pendinyj and tM fu~l air~o~~t of each u~d every s~ch psyment sMll besr imerest from the date thereof unHl paid ~t tM : rare of nins pe? u~twn pet annum; and all said oosq, cF~u~es and expenses intur?ed o? paid, to~ether with wch interest, ahali b~ aacured by tM lien of this ^w?tyay~• b. 1'Mt in the ~vent of u~y brcach of tl?is Mortyap~ or default on tM pa~t of ths MORTGAGOR, or (b) in ths event ~ny of ssid sums of nan~y lxrein r~fa~red to bs not promptFy and fully p~id within thirty t30) days next ~fter Ihe tama ieverelly become due and psyabk, wilhout dernand a notice. or in the event each and every ths stipulations, agreem~nb, conditaro ~nd covsn~nb of said promissory oote and this moripayt any w either are no1 _ iuly, promptly ~nd fully pe~formed, dischsrped, exscuted, ~ffected, completed, cornplied with ~~d ati~ded by, then in sitF~er a any such ~vent tFw N~d ~reg~t~ wm mentioned in s~id promiuory note then remaining unpaid, with intere~t ~cuued, and all rtaneys secwed heteby. ~11 becom~ dw and p~y- able forthwith, or thercafter, at tlw option of said MORTGAGEE, as fully ~nd compktely as if all of the said wms of money were orqinally stipul~ted to be paid on suth day. anythir+g in said promissory note or in this Nlortyaye ro the contrary notwithstanding; and thereupon or thereaher a1 tM optan of said MORTGAGEE. without noY~ce a d~mand, suit at law or tn puity, therafom or thereafter begun, may be prosecuted as if all moneys secvred hareby had matuted prior to in institufion. 7. That in ths event tAat at th~ beyinning of or at any time pending any wit upon this Mortgage, w to fweclose it, o~ to mfwm tt, or to ~nfaa payment of any claims hereunder, s+id MORTGAGEE shall apply to the CouA havirg jurisdiction thereof fo? the appantment of ~ Receiver, s~ch Ca?n sh~ll fwthwith ~ppoint • receiver of said mortgayed property all and :ingvlar, includ~ng all and singular the income, profits, issues and ~evenues from whatev~r source derived, each and every of wliKh, it beirg expressly urukrstood, d hereby mortgsged-as if specifically set forth and dewibed in the yrantinp and ~ habendum cl~uses hereof, and such Receiver shall Mve all the broad and effMive funct~ons and powers in anywise entrusted by a Court to a Receive~, ~nd i wch appointmeM shall be made by wch ~ovR as sn admitted equity ~nd a m+tter of absdute right to said NIORTGAGEE, ~nd without refcrente to 1M ~ adeq~sty a inadeq~aty of the value of the property mortgaQed or to the solvency w insolvency of said MORTGAGOR w the defendanri, and that svch k rcnrs, p?ofits, income, iuues and revenves shall be spplied by such Receiver according to the I'~en w equity of said MORTGAGE~{ and the practice of such CouA. 8. To duly, promptly and fully parfam, diachsrge, exacute, effect, oomplete, comply with and abide by each u~d every ths stipulations, ~greemenb, conditaro and oovenants in said promiuory note and this mortpaqe set forth. 9. 7Fut i~ the event the ownenhip of the mortga~ed prsmises, a any part thereof, becort~es vested tn a person other thsn the MORTGAGOR, th~ MORTGAGEE, its svcteuors and assgns, may, witho~t notice fo the MORTGAOR, deal with s~ch succeuor or uxcessor in intereat with referente to this mortgaye and the debt hereby setured in the same m~nner as with Mortgagw without in a~y wsy vitiatiny a dixharging the Mortgsgors' lisbility Mr~- under or upon the debt hereby sec~red. No sale of the premises hereby mwtg+ped a~d no fwbeawnce on the part of the MORTGAGEE a iri suassson or auig~ and no extension of the time for the p~yment of the dcbt hereby secured yiven by the MORTGAGEf a its svcceswrs or auig% ah+ll opeatt ro release, discharye, modify change or affect the wiginal lisbiliry of the MORTGAGOR hereb4 either in whok w in part. 10. It is specificalty agreed thaf time is of the essence of this coMract snd that no waiver of any obligetan he?eunder or of the obliy~tion se- cured hereby sM+ll at any time there~fter be heW to be a waiver of the terms hereoi a of the instrument setured herby. 11. In add~Ywn to the forego:ng monthly psyments of princ:pal and interest required by the promissory note secured hereby, mortgsgor covenants and agrees to pay to mortgagee with each montbly paynxnt an additional sum estimated by mortgagee to be equal to 1/12 of the an~~al cost of the follow- ing: A-All real properfy tsxes kvied a asxssed against the above dewibed real estate. B-Premiums on fire and windstorm insurante as herein required to be carried on the improvements sitvate on the above desuibed premises. C-Premivms on such mortgage guaronty insurance as matgsgee shsll from time to time deem fit to carry on the loan iecured hereby. Mortgsgee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and payable on the dve date of the next monthly paymeM an~ each successive month thereafter urtil mortgsgee shall notify mortgagor of a clwnge in wch amounf. Such sums shall be applied by mortgagee toward the payment of real property taxes, insursnce prem~ums, and morfgage guaranty inwrance premiwns. • IN WIiNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year fint aforesaid. i t ipnad. S ed and ivered in the prese~te of: . - ~ ~ ._./~e,,~~.x/ ~ • ~ n ~ : n - K--~ STATE OF FLORIDA ~ St. Lucie ~ courmr oF Befor~ m~ personally ~ppearcd David E~llan Tavlo~ ~c Cathv L. Tavlor h;s wife, ro n,e we~~ known .nd known to me to bs the individwb described in and who exearted the fwe~oug irtst~nent, and ~dcnowleclyed befwe me that they exewted the same fw the pvrposes r~?e~ .xa~,.ed. a~d rt,~ .~~a Cathy L~ Taylor w;fe of H„ „id David Allan Taylor ,„p,,, exsmination by me tsken separate and epart from her said I?viband, atknowkdged to and befwe me tF~at she executed said instrument freely and votwr rarily uid without amr compulian, constraint, apprehemio~, pj feu of or from her said husb+nd. WITNESS my hand ~nd offici~l seal thk a3 ^~C day of December p. D. 19 68 a ~ ~ . Notary blic in and for the3 tste of Florida~a d l.W~ , . Ii!{Ofl f7lPtflf: ~iV ~ 7 ~ ~ Retum To: • • s , Fint F~d~ral S+~~ngs a t,oan Aswciatan ,,..a.iret .~ry Pu'~I'ct, State of Porida ~t Larq~ Of Fo~t Pierce. til i~y Co.~,~,~~s~o~,Ex~ires Auq. 6.1911 ~ Fwt Pie?ca. Florida , ~ , . . , . , ' !~e!d ~ Ek! a Sdbl~Mr S+Y ; ~~'.~'~Cy FI~E~ AND RECORDE~~ v ST. LUC1E CGUNTY. FLA. ' ~ f .r . = R= C~~2[~ V~RIF!CD This Instrument Prepared By " ~ J F i r s t Federal Savi n gs ~ Loan Association ~ ; 1`~'3~03 • of Fort Pierce e ~68 ~F~ 2` P~ 36 - - Thomas A. Driscoll = ~ ~ ~ Checked By . " ~ - ~ocE~ ~oiTRas CLERK CIRCUIT COURT ~~i Boox~.74 ~?~~545 ~ - ~1.~ _x._ _ --z .~t_ - ~ t