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S. To plaa ~nd aa+tirwously kNp on tM buildk~ now a ha~aft~r utwt~ on ~aW land ~nd on atl equipn~nt ~nd P~+~h b1? tM~ nwrq~
+p~, with ~II praniumf tMnon paid in futi, fin Inu,r~na in th~ uswl ~tandard policY fonn, ln ~ wm approvsd by tM MOR~GAGEE. ~~d win~torm
irawa~ h th~ ~nwl sun~a.d pol~cy fan~, tn ~ swn approwd by tM AxORTGAGEE, in wcl~ comp~ny a caep~nia as th~ MORTGAC~EE m~y
dfnds and all fir* ~nd windsfam ie?~wa~ poliws on ~ny of w~ buiWinp~, any int~.Nt tlwr~i~ or part thKeof, in tM ~pqrepat~ wee afonsaM or
In ~xo~ss tMnof, ~MII oont~in iM ~wal standud mort~spN da~n~ wch ahu clau~ ~s tM Mo.tpa~ maY nquih, m~kinp the loss und~r ~aid pdi~ ~
ci~s. each ~nd ~wry. paYabl~ b Nid MORTGAGEE a ib tnt~rtst may appw. u+d ~acA and ~wry tuch policy sh~ll b~ promptly ass:yned aod d~livKed ro
any Mld by ~aid MOkTGIIGEE u furtha s~writy to s~id mortpa~ cl~bt. u~d, ~wt lesi th~n t~n (10) d~ys in ~dvanc~ of tl+~ ~xpir~fioe~ of ~ach poliey, to dr
I~wr ro wid MORTGAGEE a rMew~l tM~wf, top~tlwr with a nceipt for rh~ pneniwn of such r~n~walj snd IF~ sh~ll bt no fu~ ot windsto~m it?sur~nu
pl~pd on any of said beildie~. ~ny intereu tMnin or put therwf, w?less 1~ ttr form and wi~h tl+~ loss p~y~bl~ u afwes~id~ ~nd In tlv ~wnt ~ny swn
of morwy b~ca~wt p~y+W~ wwlK wd+ policy a polici~s said MORTGAGEE thall haw th~ optan w npiv~ snd ~pply tM sKn~ oe accow+t of tM ir~bted~
n~ss ascwtd fw~by w ro pamFf aaid MORTCsAGORS ro naiw ~nd uw it or ~ny pa~t thereof fw other pwposes, wi~hout thereb/ waiviny or impair•
irg any puiry, lirn w ripht undK or by virtw of Nds morl~p~t u?d ~ tM svent uid MORTGAGORS sh+ll for any rtason fail to keep tM aid premises w
iroured, a f~i) b d~liwr promptly ~ny oi aid politits of inswann Io taid JNORTGAGEE, w fai) promptly to pay fvlly ~ny premium the~efor w in ~nY
nsp~ct faU b pwfw~, dischary~. ~xscvt~. eff~ct. oompbt~, oomply with ~?d ~bid~ by this oovee?~ot, or any part hereof, said MORTGAGEE may pl~p and
p~y fa wd~ Gpwant~ or ~ny p~rt t1+Keof without waivinp ot ~fhcttnp ~ny optiwb ti~n~, puity, or riyht u~der or by vi?tw of tfiis Mortsap~, ~nd tht
full arnount of sach and tvery such paym~nf sh~ll b~ imrnediat~ly dw and p~yabt~ ~ed shsll bsu inttrest f~om th~ d~t~ thareof uotil paid at tM wt~ ot
nine pK pntum pw ~mum and toyethe~ with wch int~rest ~11 be sscured by tM li~n of N+ia matyape.
1. To pwmit, oomndt or wff~r no wut~, Impiirme~t or det~riontion of iaid prop~rty or ~ny pirt thereof.
S. To p~y a!I and sinp~rl~r tM oosn, charpss a~d ~xpaw~, G~dvdinp ~ reason~bl~ anorewy's fe~ ard awn of abstracts oi tltk, incunsd or paW ~t
any time by said MORIGAGEE, b~cws~ or in th~ twnt of th~ failun on tM ps~t of 1M s~ld MORTGAGOR ro duly, promptly snd fully pKform, di:chu~w
execvt~. ~ff~cf, oompl~q, eomply with ~nd abid~ by exh u~d ewry the stipula~ioes, ~preements„ conditioiu, snd eoverwnb of s~id promiswry non and thit
mor~p+p~ any a atMr. u+d s~id cwts. clwryes and ~xp~n~ea, ~ach and ~very, shall M immediately dw u~d payabl~: wMtMr o? not tMr• b~ notic~ da
mand, sttemp~ to oollect or wit p~ndinys u~d tM f~ll anww~t of wch aod w~ry such psyment shall beu interest from the dat~ tFweof until p~W at th~
rate of nint pa eenhim per an~wmj ~nd all ~aW oosts, chuy~s aed ~xpanses inw~red or paid, toyethe~ with such intaest, ~hSU b~ secw~d by tl+~ li~n of tlw
^b?p+DR
6. ~lwt ~ tM w~n1 of soy bnach of this Mo?tyap~ w defavlt on th~ pan of the MORTGAGOR, a(b) in tM want any of sa~d swns of mon~y
herein referred to be not promptly and fully p~id within thirty (30) days next ~fte? tM same sevealty becon+e dus and piyabk withwit dern~nd or notks.
or in the ~rent each a~d tvery ?h~ stipvlstiora agneme~n, corditian and coven~nn of sald µomissory note snd tFas mortpape ~ny a either ~n no1
iuly. Promptly u~d fu11Y perfwmMd, d'~sci+ar~ed. exstu»d, effscted, compl~ted, canplied with ~nd abided by, tMn in either u ~ny wch ~wm tM said ag
pregsN wm mentioned in said promissory rate thee~ ~emainir?~ w~paid, with k?t~rest accrued, and all moneys secvred hereby. shall bacane dw a~x! p~y~
able fwthwith„ w thsresfte~, at tM option of s~id MORTCsAGEE, a fully ~nd compktely u if a~l of tF+e said wms of mo~~ey were ori~irully stipulated
to be paid on wch dsy. anything in ss;d premissory note w fe M~is Mortpage ro~M contrary natwithsanding: and ~hxeupon o. ~hereaher a> >M op~ion of
uid MORTG14GEE, witlwvt noti~ or demand, suit ~t law or in puiry. tharefor~ or tF~ereaher bagun, m~y be prosecuted as if ~II m«~eys sacvred Mreby
had mat~xed pr~or to in institutio~. ~
7. Th+f in 1M eveot that ~t the begienirg of or at any tirt~ pend'rg sny wit ~pon this Mortgage, or to foretloa h, or to rofornt it, or to enfpq
payment of arer daims herevnda?, said MORTGJ?GEE shsll apply to tM Covrt hsviny jurisdidion thereof fw the appointme~t of a Receive?, such Cow1 sMll
Forthwith ~ppoint a receivat of said ~tyaged ptoperty all ind sin~ulu, indud~ng ~II and singvlu the income. profiri, isiues snd reven~es from wiHt~ver
wurce derived, e~ch and every of which, it bein~ expressty vndentood, i~ hereby mongaged u if specHically set forth aod described in tM yr~ntinp and
habenduen davsea haieof. and such Receiver shall Mve all the bro+d ~nd eftective fwrcfions and powers in aRywise entrusted by a Co~rt to s R~ceive?, and
such sppantmsnt shsll be med~ by wch Cowt ~s ~n ~dmitted equity and a matte~ of ab~olute r' M w said AApRTGAGEE, and withovt refe~ence ro ths
adequxy or inadequacy of the valus of the property mortps9ed ot to the soNency w insolvency~f said MORTGAGOR or the defendants, and thst such
re~nr~' profin, ineane, iss~es and revenves shall b~ applied by such Receiver ~ccordinp to ths I'~an or puiry of said MORTGAGEE and the practice of wch
& To duty, pranpMy and fully perfone?, d'achs~ps, exetiwe, effect, complete, oomply with and ~bide by o~ch and every the stipulstioos, sgreements,
co~ditions and covenants in said promissory ~ote and this monyag~ set forth.
9. That in the evero the ownership of the Rwrtgsyed premises, or any part thcreof, becomes ws~ed -in • perwn othsr thsn tl+~ MORTGAGOR, tM
MORTGAGEE, in wcceuas ~nd auipns, may, withovt notice to the MORiGAOR, deal witb such successw or wocesso. in ;r~terest with reference to thia
morty~ye and the debt hereby secured i~ the same rr~anner ~s with Mortgsga w~thout in a~y way vitiatirg or d~scharyirg the Maq~gws' li~bility ksrr
under or upon the debr hereby sea,red. No ssle of the premises hereby mortgaged and no forbearanoe on the part'of the MORiGAGEE a ib successors
or assigro and no extension of the tirrK fw the p~yment of tFk debt Fxreby securgd yiven by the MORtGAGEE or iri iuccesson or ~ssi~ns, ihall operat~
~o release, d~scharge, modify change or affect the originsl liabiliry of tl+e MORTGAGOR herRm either in whob or io pnt.
10. N is specificslly agrced that time is of the euence of this contrstt and that no w~iver of ~ny obtig~tion heraende~ w of th~ oblipation ~e-
cvred I~ereby shall at any time tAereaftar l» hsld to bs a wsiver of ths terms hereof or of the instwment sewred herby.
to the forego:ng monthly payments of princ:pal aod interest required by the prom~ssory note secured Fiereb
and agrees to pay to 'th cach monthly payment an addir'qnal wm estimated by mortyagee to be u amual cost of the fdlow-
~ng:
A-All real property taxes bried or assessed against fhe a real estaTe.
B-Premiums on fi?e snd windstorm inwrance u ' ~red to be carr~ed on menb situate on the ~bove destribed premises,
C-Premiums on wch mort4age 9wr rance ss mortgsgee shall from t~me to time deem fit o the loa~ secured hereby. ~
Mwtgsgee shall from ' time ratify mortgsgor in writing of the amount doe and payabk hereunder and such s hereupon be d~e and
payabk on the d of the next monthly payment and exh successive monlh thereafte~ until mortgagee shall notify mortgagor o in such
amou~t. shall be spplied by matgagee toward the p~yment of real property taxes, inwrance prem;wns, a~d mort9ape gwran
ms. ~Y
IN WITNE55 WHEREOF, the said MORTGAGOR F?as he?evmo set his hand and seal the day and yesr fint aforaeid.
pned, Seal an d ed i tht pre~ente of:
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STATE OF FLOxIDA ~
courmr oF - St. Lucie
e.fo.. m. P..son.Uy ,pp.,,.cf _ Lloyd Tavlor ~
_1Qt i1 de F Tavlor hi, w;te, to n+. .ve~~ tnown .na i~rwwn to n~e w b.
the individwb described in and wFa ~x~wt~d tM fw~poirg instrurtwnt ~rd atknowledyed befor~ me that they euecvted the same fw the pvrpwes !
rne.er~ •,~..s,.d. ~„d d,..,;~_ Clotilde F. Taylor j
W~r• oF eti. s.;d Lloyd Tavlor ' ~ [
ex~menation by nw t~ken sepuat~ and apwt from hN said Mnb~nd, aduwwledped to and b~fore m~ tMt she executed s~id imtrwnent heely and volvn~
rarilr and wi~hovt ~ny ca^Pvbion, wrotr~int. +PPr~h~a;~, or (ear of w from her aid Maband. ~
wrrNESS my ~+.r~t .nd oHkid el,:• ytX d.Y of r i c. 19~_
Noary Pub ~n ued for tM Stat~ of Fbtida ~t Lupe
My ,~'c.y _ / 1 ? /
Return Toe
Hn/ hdsr~l Savinp~ i i,ox~ AarocFa?ioo . ` y
Of Fort P~crce. .~~~1`sN~~,~;,'.
Fott Vieru. Flwida •-'vi.~,:.....,`~`'•.,'','"'~t~ry P~ S~
. t , ~ c~~.~~ 6. ~n 3
- c.~ C c~ ~ ~ , ~EO "AND ~~~D@~'
_ : 'v . ''-iQ' ~ ' ;
This Instrument Prepared By " ' ; ~ : = $T~P.ECORCI VERIF
ED`d~
Fint Federal Savings b loan Association 1 J _ 1,~,6545 f
of Fort Pieroe Q .
~ "'T = '69 APR 7 PM 12 : 25
Chedced By John W. Collins ST~ L~
t
~"YV~
d~K PA(~~83~ ! CIERK C RCUIT 4~U T'
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