HomeMy WebLinkAbout1589 J. 1o p:x~ and tonYwwovs~~ ?Hp m rhs bu~'d~np~ ,ww a he«a~h~ MA,~N an ~a~d ~~nd ~nd on al, eQ„~p..~u •~d pt~~on~iVy ca~e~ed by th~~ rt~a~p~
p~, w~~A ~11 p.~.,,,v~rn ~Ae~~on p~~ ~n fuii, h.e qyy~1M~ ~n ~!r usual ~~~,dard po'xy tam, in a?~T +~.wu..A br ~he MJR•:,a~EE. •„d w+~ds~wrn
Mtw+nc~ fn ~M wwl ~~~nda.d pot.cy lam„ in s wm appro.ad br tM INORiGAGEE. in sucA ca~~pany a co~y»n,e~ a? ~h~ MJR1t;AGEE rnay
dv~c~~ ~nd ~11 iK~ and w~arrn u+yw~ne+~ pW+c»a on ~ny o1 s~+d bw~.nos, ~ny int~.~~~ tlv~ern o~ par~ the~co~. ~n ~hr ayq:~ya~e ~~m alaesa.d ~
M~acws ~M.wf. ~Aall cw~~~in ~M ww~ Nandud mor?p.pN Navw a wch WI+N dws~ ~ tM Mo.rysq~e nvy ~e~v.,~. ma?.nq ene ~o» w.der w~d po~6
c:~a. eatl+ ~nd ~vavy. D+r,Dy a.ad rMORiGAGEE a~M 1ntN~s~ ma~ +PP~~r. w~! e~cA and fYNY s~rch pa~c~ ~1+~11 be p~Omp~iq us y~ud ~~*d da:~~e~ed ro
~ny I+Nd by s~~d MOR1GAGiE ~s fw+1+N ~ecv~~ty to wsd mayaq~ drb~, ~nd. eqr I~a tMn ~en 1101 d~YS in ul~a~xe o( ~he e~pu~~~on ol !KA ~?OIKy. to dr
i~v~ ro wd MORTGAGEE s r~+ewd rlw~of. roq~?iw w;M • rK~~p~ 1W rAr pr~.n~w~? o! ~uch r~newai; •~.d ~here s?uu !,e .w 1,.e o~ a~~,~~~o~,~ ~~wu~c~
plKed on ~n~ of N~d ~udd~eys. ~ny intNqt tAKw~ a put Ih~rtoF, u~leb in ~h~ fo~m ~~d w~th M~ ios~ p~yole ~s afaesa~dt and in th~ e~eM •ny wm
of naney beca*Ki p~yaWe undK wch policy a polK»s said A80RTW?GEE sAall Mw Nw optwn ro recc~ra u~d ap~:t~ ~he ssme on ,ccou:~~ ol ~he ~~wieb~.d~
~+e~s setw~d l~Mp or b pamit s~id /NpRTGAGORS Io reMiw W+d u~e it or ~ny part fF~ercol ia o:n.•r pwF osrs. v.,~i,o.:t i~.~•~ w,:~.. cr ~.,.p~,..
~np any pv~ty. 1~ or ~pht ue+da p by virtw of tAis mo:t~p~; ~nd i~ ~M eve~+t w~d MQRTGAGORS ~ha11 fa any reawn (aiI ~o keep ~he u~d p.em~scs io
~nsur~l, p~ f~il 10 dtfivN prpnptly any of iaid pO~iciri 01 iMUr~rK~ b faid AIIpRTGAGEE. c+r t~~1 piomptly to pay fully •ny ~xc•~~~vm thcrefp o~ in anr
respect fail W pttf«tn, d~ttMrye, exetut~, ~Hett, complet~, mmply wi~A Md ~bd~ by this covtnaM, w~ny par? ht~aof, sa~d MOR1GAGfE nuti p~ace ~~d
P+Y (a such insu.~ o~ ~ny part tM.~of wiMout w~irinq or ~ff~ctinp ~ny optic+n, lien. eqv:ty. oe r:~M unde. w b~ v;rtw ol ~h;s Ma!4ape. ~•,d ~F,~
t„11 anwwa af erc!? and ~vtry wch payme~t sh~ll b~ im~nedi~~elY dw and piyabl~ ~+x! ihall bcar imcrri~ from 1M'date thereol w~?il pad ~M raa ol
n~~+e Pat c~n~wn pa ~ro?um a~+d to,~e~her w~th such intaest tMU be secured by tM IiM of this mort9p~. '
t. To pKmit. comnwt or wfl~e no wa~~~. impabment a dttKia~tan o~ s~id prope.ty w~ny part rhereof.
S. To pay atl aod sinput~r tM costs, tl?Mp~s u+d atpenstt, includwg a rtawnable ~trorney's fee and costs of abstrada of GNe, 1~curred o~ ps~d a~
sny tim~ by ~a~d N1UltTGAGEE, becws~ or in tA~ evtnt oi tM /a~lure on the pa?t ol ~M sud MORiGAGOR to duly. Prompdy and fully pe~!wm. d~schsr9e.
e¦ecuN, effttt, compler~, ~pmply Nrdh a~+d ab:d~ by ~ath ~nd ~very tFK stipufatqni, a9recments, co~x~~twns, and cove~u~~rs of sard pram~asory note and ~h;s
•~tya~e ~ny a e~>her. ~ru! ss~d tosq„ th~rpes ~nd •xpsnses. each ~nd overy. shall be immediately due and payab!e: whrtlxr pr not thrre be nor,ce dr
mand, ~tte~np~ fo coilect or suit per~d~ng; ~ Ihe tull amount of each ~nd every such psymem shall bea. inferes~ from the date thereoi uRtii pa~d a1 1he
rare o! n~oe pe~ csnrum ~xt •nnum; eed a1t said cosrs, char~es ar+d e¦pe~us fncuned or pa~d, toge~her w~th s~ch ~n~e~est, shatl be secured by the Iien ol Ih~t
"'crty+Q~-
O. That in the ~vent of any b~cach oi this Mort9sQe a dcFauh an tM pa.1 oi the AIIORiGAGCR, o? (b) in t!~r event any ol u.d tu~*~s o( n,oney
havein refevred to be n~ promptly and futly paid within th~rty (30) days neat alte+ the same aeve~al~y ~ome due and p~ya6le, without dernand or ~once,
or (d in the eveot eacA u~d every the stipulat~ons, agreeme~ts, cond~Tans and cove~ants of sa.d p.omissay note snd ~h.s mo~tpaqe a~y or e~~hr~ are nof
i~ly. promptly and fvlly pNfermed. d~scha~9ed. eaKVted. slfected, compkted, compi~ed w~~h a.,d ab~drd by. rhen in e~rher o. any :uch evsnt tAe te~d ag
gregate sum mentioned in s~id prpm;ayory note then remaininy unpa~d. witi~ imerc;t accrued. and atl mo.~eya setured hereby. shall becume due and pay,
ab:e forthwitA, or tAereaftea, at the option of said MORTGAGEE, u fully and completely aa il all of the w~d suma of money wcre wg,na~ly supulated
to be ~n:d on svch day. anythinq in sa:d prom~uory rate or in rhis Mwtg~ge fo the contrary notw~thstenduy; and ~here~~wn p tl,rreafre: ~t the opt.on of ~
se.d MORTGAGEE, w~~lwvt no~~c~ or demand, w~t a~ taw p in pu~ty, therefae w Ihereaftet begun, niay be Fvoxcuted as if aIl moneys ?ecured hcreby '
hOC~ maturcC~ pr~pr 10 ~h inftitytWn. ~
7. Thef in ~he evene thst at th~ bege~n;ng o{ or at ~ny t~me pending any suit upnr~ thi~ Mo.tgage, w fo fo~rciose it, or to reform it, o~ to enio.:s
payme~t of any da~ms he.eunder, said MORTGAGEE sMll apply to the Covrt haviog j~r~sd~ct~on ~hereot fa the appo~mment oF a Rece~Ye+, such Ca,n sho~l
forthwitA ~ppo;m a receEver of stid mort9aqed ~xpoerty all and singular, includ~ng a~l and su~gutar tf,~ income, prolrts, issues and re~•enues from wharere~
sou~ce derired, cach a++d e~rcry of whKh, it beirg e:prcuty unde~stood, ~s hercby mwtgagcei as if spec~f,csEly se~ faiFi a~d deu~ilxd in the gran~~ng and
habendum clsvsra hereef, and ~tKA RKCIVH shali have al~ t{~e brwd and effective fun:t~ons and powers in anyw~u cntr~xted by a Cov~t to a Retelver, a~d
ch appointme.~r slwii be made py tuch Cou~t as an adm~tted equity and a rrrtfe? of absotufe r;ght to said AhOR7GAGEE, a~+d withcut refere~xe to the
adeyuxy a insdequacy of tAe wlue of the poQe~y ~mwt9ayeef or to the ao+vency or .nso~vency of sa~d MORiGAGOR ot the defe~}dants, and ~hai such
re~n, profits, income, iuues a~d revenues sAall b~ applied b~ luCl~ RKervH accwd~ng ~o she I~en o~ equ~ryr ot wid ARaRTGAGEf and rhe pract;ce of such
Court. _ ~
8_ To duty, promFtly and fully pcrform, duFa?9e, execute, effect, cpmpleu, comply with ~nd ab~de by each and every Ihe stipu{ations, agreememi, i
c~+di~ions a~cf covenanfs u+ sa~d'prom;ssory nott and ~h~ ~rgsge se~ torth. '
9. That in the event rhe ownership of the mcrtga9ed p?aeeuses, w any psrt tlxreof, becomes veyted in s persw~ other than the MORiGAGOR, the
R4~RTGAGEE, in succeuon and ass~gns, may, wi~houf narKe to fhe AtpRiGAOR, deal with such succeasor a succeaso. in interesi wi~h reference ~o this
~-+o~~gage and thc deat hereby secured in tFK same manne? as witA Mortgagor wirh~t in any way vit;atiny a d~xhargirg the Mortgago~a' tiabifity here-
~nder or upon rhe debe Aereby secured. No uie of fhe ~rem:us he~eby mortgdged and no forbeara~ce on Ihe part ol the MORIGRGEE a its sutcessors :
or assg~n ane! no earensren of rhe r,me fa the paymem of the debf hereby sec~red given by the MORTGAGFf or its wccessors or au~gns, shafl ope?au
ro re~eur, d~scMrpe, rnod;fy chang~ a ~ffect the o~ginat tiabi(ity ot ~he NIpRtGAGOR he~ei~, eitfw in whole or io part.
t0. dt K spec;{;ulty agreed tMt time is o{ the easence of th~s comract and ttiat no waiver of any obfSyafwn hereundcr a of the obliyatio~ sr
cvred he~eby shall ~t any time thereah« b~ 1uW to b~ a waiver of tfie t~rms hereoi w of the ir~ur~ment securcd herby.
ti. In add,i~o~ to rhe for o ma,th! a mrnts of !
~'9 ^9 Y p Y {Ni-~c pat and interesr required by the prom::sory nore secvrrd he.eb~, mortgag~~ covenants
a^d a~rees to paY to mo:tgagee witA exfi monthty payn,ent an add~ri~nsl sum es+~mated by rreortgdgee ?o be equa! to 1, 12 ot the anr,~a! cost of the lollow-
: ng -
A-All reei prop2rty faxrs lev~ed or assessed aga~~st the above dexribcd rea~ cstate. i
S P:.^::~-s c1 fire ar~d wi~ds!orm tnw•arte ay he+ci~ ~equ:~ed b be carried o~ the ;mprovame~ts s~twte o~ tFw above descr~bed premises. ~
C-Cremiums o~ svch mort^yege guaranty ir.=ura.:ce as mortgagee shali f~orr~ t me to t~+ne deem fit to tarry on tl~ ban ucured i~eseby. (
Matgagee s~+a:i f.om t~rr,e to ti>ne net~fy mo~tyagor ~n writ~ng of the amount dve and payable hereundr~ and such su+n shall thereupon be due anc! i
:3vaGle on tFK d.x cate of the nert momhiy payment and each successive mooth tlxreafte+ u~.til mortgagee shalf not~fy mortgagor of a change in avch
a-~ounr. S~ch sums s+~a'i be appiicd by morrgagee roward the payment of real psoperty taxes, insurance prm:ums, and mortgage g~aran)y insurance
C'lTiIUR73. .
IN ~YI?N[SS WHERiOf, th~ saK! MpRTGAGOR Ms Fxreumo sei his har.d and seal tFx day and year first aforesaid.
" ned. Seakd an defiv dJ the preseryce ofv ~
~~0~ FItED AMD RECORQE ,q
ST. ~IlC~E COUNTY F '
ROCER POITQAS
- ClfliX CIRCUIT C T ,q
1lECO~D VERIFiEO ~
~7~ 15 3 4i
PM 7 I 203415 ~
~~uwrir oF . LUCIB ~
e~+«~ a„«,.~r,, ,~,.,,~a David L. ?aylor, a siagle adult; and Lloyd ?aylos
ClOtil~ R• =,ylOS his wife, ?e me well keown and krawn.to me to be
thr ~nd;v~dwis descriDed in ~nd wF?o eaecuted the foregoinp o?strument, and ~cknowtedped before me that they exccursd the iame fa the purposes
~?k.~~? .~~a. n„~a ,,;d Clotilde F. ?aYlor
w~fe of th~ s~id Lloyd Tsylor ~E,a, • separat~ ~nd priv~t~
~'tyyp sep~rafe and apsA irom h~r sa;d h~ab~nd, ackrpw~~ po ~r~ ~fae mt thaf she e~cecuted said inshume~t hee! aird volu~
r
•~Y`,~R~ x[+ ~ ~~l~4i~n, constraint, appreFw+s~on, a fear of o~ from her said husb~nd.
~ Q'~ ' ~ i...i I 3 r_l, a. January
:~,M~;, t` 4 : ' y A. D. 19~L
= :f~1' ~ ' ~
y p . 9 : _ :-~Ll , ~ac
~a •.p ~ _ Natsry Public in ~nd for the State of Flor~da ~t l~r9e
•zw
d.:; ~ 1, MY Comm~ss~on expires:
~wrwn
` _ ~ , .
y~n Ass«~a,~on NOTARI? M78i1C.1tATE cf RORiDrA at tJIR6F -
9/~ pt•fo~ P~e. MY COMtilISSION EXP~RE$ NOV. 17.. 1974
'i`~ r_~.rA«`~i tOhUEO IMerUUbH fn~J p. ~.~tSTf~H„4S,
'~p~~,
~'~'+rr,~..
~l-l y'7`~
This Instrument Prepared By JOl~! iil. CO111AS ~
Firs! Federat Savings b Loan Association =
of Fort Pierce ~ Rlosida
Checked
aa ~.~9 P~E15~5 _
- , ,
~ . ~
~ _ _ - - - . ~ „a .
~ - = ~ ~
~ ~ _ : :
.
~ ~ ~