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Home My WebLink About0339 1o pl~c~ ~nd ca+finuousiy keep on tM bviid~rps now a htr~~ftN ~itu~t~ on s~td I~nd and on all equipment and p~nonaily covered by ~his mort¢ p~, with ~II pr~mium~ thereon paid in full, fi~e insursnc~ i~ Ih~ usual ttandard policy form, in • sum apFroved by ths MORfGAGEE, end wind~twm iniw~nc~ in tM uswl uandud pol~cy (am, in ~ sum ~pproved by ~M N1aRiGAGEE, i~ ~uch company w compan~es as the MORTGAGEE may dinctt ~nd all (ir~ and windi?orm inw~u+c~ PO~iCiN on a~y of aid build~nps, any interes~ thsrein w part thereof, in Ihe a9yreya~e s~m aforesaid w in ~xctss tl~er~oi, ~hall contsi~ tM usual pandard ma~9+9e~ claus~ w such a}wr clauu as ~M Mor~9agee may reqv~r~. makinq ihe los~ unde~ sa~d poli~ cla, each ~nd ~ve~y, payab~~ to s~id MORTGAGEE a ib in?a~est may appeu, ~nd eacA and every tuch poticy shsll ba promplly ass.gned a~d de~ivered ~o any hrW by said MORTGAGEE af (urther ~ecurity to ssid nwrt9p~ debt, and, no1 leu than tm? (10) days in advance of the cxpiraticn of each policy, lo dr ~ I~ver to ~aid MORTGAGEE ~ nnewal tMrwf, to~~tMr with a rattipt fw the pr~mium of such ~e~awal; and ~here sha11 be na f~?e a windsto~m insurance plac~d on any of s~id buildinp~, ~ny inter~st thtt~~n or p~rt thtr~of, vnleu in the fwm ~nd with the lou payable at ~fwesaid; and i~ tM ev~nt any ~um of money becorne~ payabl~ u~ ~uch polity or po~icas s+~d MORiGAGEE shall haw tlw option to rece~ve snd apply tM same on account of the indabted- ness secured Mreby p b p~rmit said MORTGAGORS lo tettiw and uN it p any pari thereof io~ otncr purf.oaes, w:~hout th_.cu~ waiv~n3 or ~~r,paln irg any equify, lien w ri~hl unde~ or by virtw of tlui mortpay~; ~nd i~ 1M ewnt said MORTGAGORS shall fa any reason fail to kcep the said premises so insured, ot fai) fo deliver promptly a~y of s~id po~itiss ol int~rant~ to sa+d MORTGAGEE, o~ fail promptly to pay fully any premium therefo~ w in a~y :espect (ail ro perform. diuh~rqe, execute, effed, canplet~, compy with and ab~ by rhis covenam, o~ ~ny part hareo}, sa~d MORTGAGEE may pi~cs a~.d pay Fo~ auch inw.anc~ w~ny part tF?Kwf withart waivinp ar ~ff~ctinp aey opt~on, li~n, equ~ty, or r~gM under a by virtu~ of ~his Mwtgaqe, and thc f~ll an+ounl of each and ~wry sutR paymeM iMll b~ immedi~tdy dw and p~yabk and tAall bear intereal from the data thereof untit pad a~ 1he rar~ of ni:~e per centum pet annum and togNher with suth in~crest shatl be ucu~ed by tM lie~ of this matga9e. 1. To psrmit, commit w suffK no wut~, imp+irm~M w det~rioratio~ of safd p.operty or any part the.eof. S. To pay all u~d drgular tFK costs, charqes ~nd txptnses, includin~ s?easonabk sttarky i fes and costi of abstr~cts of tiNe, i~curred a paid a? any time by said MORiGAGEE, b~cavse w in tM twnl of tM tailwe on 1Fw part of th~ said MORiGAGOR to duly, promptly snd futly perform, d~xhar9e. execut~, elfect, compkts, comply with and ~b~de by exh and every ths st7pula?wns, ag~eements, cond~tions, and covensnts of ssid promiiwry note a~+d ~h~s matgape any or either, a~d said cosb, cha~flts a~d expenses. each and every, thall be immediatety due ~nd payable: whether a not there be no~icc de ; mand, attempt to tdkcf w wit pfndingt and tht full arrwuM of ~ach and every wch payment shall besr interest trom Ihe date the~eof until paid a1 thc i rate of nine pe? centum per uwwm; snd ~II s~id costa, char9ea +nd expenses incurred w paid, topether w~th such ime~es~, sMtl 6a ucured by the I~en of th~~ mortyapt. b. That (a) in tM ~wnt of aoy brexh of this lNortpay~ or de(eult on the part of the MORTGAGOR, or (b) in the event sny of said sums of r.+o~+eY herein refared to be not promptly and fully paid w~thin thiry (30) days next a4ter tM same sever~tty beiome due a~d payabte, withoui demend or rtor~cc, or (U in tl~e tv~nt ~ach and ~vKy tl+s stip~rlalio~s. agrNments. co~ditions ~nd cov~nantf of sa~d promissory note and th~s mortgaye any w either are not iuly, promptly and fvlly pKform~d, discMrped. e;ecured, ~ffected. campkted. complied with and ab~ded Sy. ~hen in e~ther w ~ny such evem the sa~d ag~ greg~b wm mantion~d in wid promisswy no~e then temaininy unpa~d, with interest accrued, snd all moneyi secured hereby, thall become due and pay- able fwthwith, W fFllfNNH. at tFr option oi said MORTGAGEE, ~s iutly and completely as if all of ~he said sums of mortey were w~ginally st~pulated to be pa~d on such day, anythiny in sa~d prom:uory ~ote w in this MwtyaQe to the contrary notwithstsnd~ng; and the+eupon a thereafte~ at the op~~on of se~d MORTGAGEE, withovt noric~ w demand, suit at law a in equity 1F1NlFO(Q OI ~f1lYN~IN begu~, may be prosecuted as if all moneys secured hereby nad matwed pr~or to in inslitution. 7. That in th~ evee~t tMt at the beginnirg of p ~t any tima pendir+g ~ny wit upon this Mo.tyage, or to fweclose it, or to refam it, w to enfwcs payment of any claims herevnder, said MORTGAGEE slutl ~pply to the Cou?f havin9 jwisd~ct+on thereof for the appointrrKnt of a Rece~ver, such Courf shail Fo.~hwith appoint a~eceiver of said mortpaged property all ~nd sirgular, includ~~g all ad s~ngular the income, p~ol~ts. issues snd reve~ues from whafevcr wures derived, each and every of whKh, it be~g eapreuty underseood, is hereby mortgaged as if spec~iKatly set fwth and dexribcd in tl?e gra~r;ng and habendum cl~uses hereof, snd s~ch Receiver shall h~ve ~II the Moad and effecr~ve funce~ona and powers in anyw~se entrusted by • Cou~t to a Recrive., and s~ch sppointme~t shall be made by wch Court ai an admitted tquity and a ma»e~ of absoiute righi to said MORTGAGEE, and without reference to the edequacy w inadequacy of th~ valve of the prope~ry matya9ed or to tM wiwr?cy or ~nso~vency of sa~d MORTGAGOR a the deferedants, and that such renrs, profits, income, iuues and rovenues shall bs spplied by such Receiver xcwd~ng ~o the lien w equity of said MORTGAGEE and ths prutice of such CouA. 8. To duly, F~omptly and fully pKform, discha?~e, executs, effM, compkte, comply w~th and abide by esch and every the stipuiations, agreemrnls, conditions and covena~~s in sa~d promissory no+e and thia mwtgsge set fwlh. 9. That in ti~e event the ownersh~p of the matgs~ed premiscs, or any psrt thereof, becomes vested in ~ penon other tMn the MORTGAGOR, tM MORTGAGEE, iri successors and sssigns, may, without notite to Ihe 1NORiGAOR, deal with such succeuor ot succeasor in interest witA reference to this mo~tgage and the debt hereby secured in the tame mannet as with Mortgsgw withovt in any way vitiating w dixha~ging Ihe Mort9tgors' liability here- under w upon ti~e debf hereby sec~red. No sate of the Fremises horeby mwlpaged and no forbeara~ce o~ the part of the MORTGAGEE w its successors or sssigns and no e:tens:on of the ~imt for the payment of the debt hereby sccured given by the MORTGAGE'_ or its svcceuors or su~gns, st~all opersi~ ro releass, d~scharpe, modify change or atfect the original liability of the MORTGAGOR herein, either in whole a i~ parL y 10_ N Fs spec~fically agre~d thst time is of the essence of this contract •nd IMt no waiver of any obligat~on hereunder or of the obliyafan se- cured hereby shall at a~y time thereafter be held to be a waiver of the terms hereof w of the inst~umen~ secured herby. 1]. In add:t;on ro the fo~eyo:ng monthty paymentt of princ'pal and interest required by the proa~~sswy note secvred hereb~, mort~agor covenants and agrees ro pay to mortgagee with each monthly paymem an add~~ional sum esNma~ed by mortgagee to be equal to 1,' 12 0( the annual cost of tFro follow- ~ng: A-All real property qaes kvied w assessed agai~st the ahove described reat estue. 6-Premiu~ns on iire and windstwm insurance ss he~ein requ:red to be carried o~ the Imp~oveme~ts situate o~ the above described premises. ~ C-P~cm~ums on such mortyage gvaranry i~surance as mortgagee sM{I from t~me to t' e deem fit to carrv on ~he ba~ secured hereby. Mwtgagee snatl from time lo time notify mwtgagw ~n writing of the amount due a~;.ay+ble Ae~turxier and such wm shall the~eupon be due and Fayabk on the d,x date af the next monthly payment and each successive month thereafter urtil mwtgagee shall notify mortgagor of a change in such j a~~.ount_ Such sums shall be appiied by mortgagee ~oward the payment of reat prope~ty taaes, insurance prem:ums, and mortgaQe guaranty insurance : p~emiumf. s iN WfTNESS WHEREOF, the ssid JNORTGAGOR has hereunro sst his hsnd ~nd seal the day and year first afwessid. ~ € ~yead, Sealed nd d• a~ ~,in th~ p~ s~ ot: iIlEO AkD RECOROED ~ ~ _ SL LUC1E COUNTr FLA, •n ~ - ~ AOCER POITRAS s CLERK CI~CUIT COURT RECORO YERIFIEO~L : ' ~ ~i~ ~ - fEe 10 II le AH TI ~ SiATE OF FLORIDA ; ~ sz. WCIfi ~ ~ 2a4455 couNrY of ~ ~ David L. ?syloz a sinQlQ adu2t ~ defwe me penonally appeared L Lloyd ?aylor and C1otildQ F. ?aylos his wife, to ~~n k~, ,~a k~, to ~+o b. ; rhe indiriduds descr~bed in aod who ~aecuted the forepoinp instrvment, and ~cknawledged befo~e me that they executed the same fw ~ha purpoxs Clotilda R. ?aylor + ~ !he.ei~ e:pressed. Md tht said ~ .~,re of ?h. ~,~d Llovd iaylor „~o,,.; ~r.fs .nd P.~~,r. ~ e.am~nairon by me t~4en sepa?ate and ap~rt from her said Fwsband, ~cknowlydged to and before rrK that :he executed sa1~ insr~j; fretlY~lnd vo{uo- ~ rar~ly and w~thout a:+y compulsan, constraint, apprchen~s~on_,/~'~ feu of or from her iaid husband. ~ •-~1NM^^'""t~~t/y~~,4~- WITNESS my h~nd and officisl seal thi. ~ Lh d~y of FQbllln! '~'t ~ ~j~q~~. ' ~ ~i _ - L-~ ~ :~~-~~~~j'*_ ~-L- • ~ No1ary Pubtic in a~d fw j~ . . ~ _ ~~s My eomm~uion ~avue~~ - " ~.'s'.,S' ~~T~r p = ? Retur~ Ta , . ~ ~ `~'-E ~ ~ O _ . i F~nt F~de~~l Savinps a ~oa~, ~?u«~.r~o~, IiG1A+zY hiksL+C. STATE ot F1~~' ~ ~ MY ~-OF.7trt7SSlON EXW~tBS ' : ~ . Of Fort P~erce. aOT1DEU iriN(~iWf fntu ti14 , .r; Q~~ ~ for~ P~erca Florida ''••«.~'~G O*r~~ 4 ~ ~ <Y. - Y ~~~~~i/!{~1l111~'~~~\\ ~ ~~.~y-y~ ; This Instrument Prepared By .1ohn W. Collins - First Federal Savings b loan Association ~ of Fort Pierce~ Florida ~ ~ ~ Checked B ~ ~ ~ ~ ~ ~ . ~ ' ~ ~ i ~ n , . --..~k=... _ _ _ .