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end shall ~r/orm, irmply u~itf~ and abide by each and ei~en• thP ngreements, stipu~etions, ronditions and i
co~~~nanfs t{~ere~e(, nnd o( this mortpnpe, thpn this mortqagP and thP eslatP f~prehy rnwt~, s{~a~l CPASP, ds- ~
tPrmine nnd ~x null ond i•oid. ~
~UNa fhP mortgac~or hemtiy (utt~t~r c`ovenants ancl agrees lo poy prompfly u~tien ~ue fhe principa~ n?td
inlernsl and ol~?er sums o( money proi~irl~ Jor in saia note and t~is morfgage, o~ eiftier; to pay a~~ nnd
singulnr tl~e tnxps, assessm~nts, IPI~iPS, IIl~6i~tI1PS. O~II~AIIORJ, antr pncumbr+nnces of PUHIy IIQIUIP OR SQId PPO-
perf~: fo permit. commil or su~(pr no u~nste, impairmen! or deleriomfion o( said land or fhe improt~emenU `
il~ern~•n at an~ fime; to k~P thP buildin~s nou~ or herno(ter on said land f ully insurc~l in a sum o~ not Iesa i
~haR highest insurable value ~
in a rnm~nv or com~nies acc~plab~P to ftie morfgagee, fhe po~icy or po~icips fo he tie~a tiy, and puyable ~
~ to, saic~ moNqaqea, nnt~ in f~e e~~ent any sum o~ money bpcomes ~vn61~ by ni~tue of surh insurance the
~ mortgaqeP shall haoe t?~e rigF~l lo ~P('Pll'P A?Id OPP~y ~RP SQI~IP to tl~p ~nde6ted~ess here6y secu~, amounting ~
fo 1{~e mortqngor ~or any surp~us: to pay aj~ costs, c{~a?pes, anc~ P.l'F/PIISPS, incjuding lawypr~s Jees antl ~if~e ~
sFarr~es, rPnsona~?~y incurrec~ or paia ~y t{~e m~rt~a~ee tic~cause o( the ~ai~ure o~ fhe rnortgagor to prompt~y ~
an~ (u~~~ comp~y u~ith t{~e agreements, stipulations, con~itions anc~ coi~enants oj said nofe aner l~is morfgage. ~
or eit{~er; to per~orm, compl~ u~ith nnd a6ide by eac{~ and Pl~P~' thp agreements, stipulations, eonditions and ~
co~~enants set /ortl~ in said note and this mortgage or either. In thp event the mortgugor jnils to pay u~hen ~
~ tliu~ any tnx, assessmenf. insurnn~e prnmium or ot{~er sum o( money ~pnyab~e liy nirfue oJ saic~ 1lSte anc~ t~is
~ n~ortgage, or eittier, fhe mortqa,q~e may pay f{~e same, u~ithout u~aining or a~~e~cfing !he option to jorpc~ose
o? any OI~IEK r1~/11 hPrPUI1~R~, Q?Id all such paympnts shnll bear interpst Jrom date ther~eof at t~e highpst Iau~-
(ul rnte then allou~ec! by 1he Iau~s o/ ~he State o) Florida.
anq sum o( monev tierein re~err~ to he not prompt~y pnid u~it~in ten c~uys nexf after
the same becomes due, or i( each and e~~pry tlee agreements. stipulations, conditions and covenants of snic~
notp and ttiis morigage. or eitf~er, a?p not ju~ly per~ormed, complied u~ith and nb~dpd 6y, t6en the entire
sum m~ntioned in said nole, and 1{~is mortgoge, or tbe entire 6nlance unpaid theeron, shall Jorel~u~~~k or
t~erea~ter, at f~e opfion o~ t~e morlgapee. become and 6p d~ n~d ~yn6l~, anyt~ing in snit, note or ~er+ein
to the c~onfrnry notu~ithsfanding_ Fai~urp by tlep morlgagee to exprrise nny o~ the rights or options herein
proi~ic~ed s{~a11 nol c~onstilute a u~airer o( any rigtifs or options unc~pr saic~ nofe or t~is mortgage accrued or
ttiPrenjl~r acc?uing.
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~n ~lLilw.l ~~~1~ Iti~ saicr morfgagor has ~ereunto sign~ anc~ sea~ fhese pr+esents fhe
day anc~ ypar f i?sf a~oi~e U~RIIPR. ~
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~i ~Il~, SPQIpcI and IIjP~Pd III ~ PrPSPRC O~:
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. - f= . _Freddie James ~'I`aylor-----~----..
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Tay or
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.k STATE OF FLORIDA, ~
'y~ COL'\'TY OF ST. LUCIE ~ HEREBY CERTIFY that oa thu day~ before me, ao ~
~ offic~r duh• authorized in the Sut~ afor~said and in the County afor~uid to ukr acknowkdgments, pcnonally appearcd
~ Freddie James Taylor and Janie Taylor, his wife
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~ tio me known to bc the penon g d~x~ibed in and who ezecutrd the (or~qoing instrument and t}iQy acknowledsed 4
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briore m~ that they ~xn'uted tht same. ~s
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N'I7:'~ESS mq hand and of(icial s~al in th~ County and State last a(oresaid thu ~ _ _~a~ o( ~
~ December A_ D. 19 71 • I
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F'~Et cti[ GEGORDED ~ .a.1._..~.~-t1---~-- - - .ti.l~~L(~L~-=-
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st i~c+_ r,ouKtY FU- Nota Public S te of FTv~'id~ ~
_ !!~GE:. ~OITR1?S rY ~
~ CI.RR C:*~GUIT COURT at Large ~
~ R~f8k0'vEF F;ED~.~ •
1~C ~U 3 lr ~'7i My commission expires:` p•, ~G~ r ~
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Y 2203~ U ~
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Thi~ Irtc~nnnrnr prcparrd by:
A~~,~~ THl3 INS1rRl~sr.E~"r };;~s ~~F~..pE~ ~'f 0 R 1 Q/ .
' R1~EW~D D. SNE~D, iP.•c`p3T F~D~RAL ~i'.i1~ 60GK 1V P~E 75
= fOKT PIUtCt~ FIA. . _ .