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Home My WebLink About1231 To plxs u+d continuou~ly kNp on 1M buildinps now a her~aftN sitvaN on f~W land ~~d on ~11 ~quipm~nl and pKwn~lly covtr~d by this morl¢ p~, with ~1) pr~m~um~ ther~on pa~d in (u14 f1n in~ur~nc~ in ~h~ ~swl ~t~ndkd polky form. in • sum ~pp~owd by th~ MORTGAGEE, and wind~twm i~wr~?ce i~ tiw uwat u~ndard policp fam. In a sum approwd by tM MORTGI?TiEE, le wch compa~+y a con+pani~s a th~ MORTGAGEE ~ay dk~ctr ~nd ~H tk~ ~nd wind~wrm insuranu poirci~a a? any of ~W b~lldinps. ~ny h?terat thuein o~ p~n rhH~of, in tFr pq.pa~~ ~wn ~for~aid a in ~xcea ther~of, ~MI~ ca+uin th~ usual srandwd mortyp~ claus~ a tuth alwr tlw~ a ~M MalpapN may ?p~u~. m~klnp ~M los~ a~~d polF d~s, HtA and ~v~ry, paYab!~ q~id MORTGAGEE q iti intHe~1 nuy ~ppNr, and •ach and ewry ~~ch policy ~MII b~ p~omp~ly ass•y~+ed .nd dNiv.•ed ro ~ny Mld by ~id MORTGAGEE (wthe~ s~cu~ity to s~id morroap~ d~bl, ~nd, na I~u ~han tM (t0) d~ys in ~dva~n of tM ~xp~~atbn of ~ach policy, w d~- livw to said MORIGAGEE • ~~newa! lh~rwf, ~op~~hw wHh a rtuipl for the pnmiwn oi s~ch ren~walj and ~hen sh~il b~ no fi~~ w winduam inu,rar~ ` ptacad on ~ey of Nid bvild~r?pa. ~ny interest ther~ln o~ p+~t tMnof, w?ka io th~ fum ~nd wi~h 1M loss payabl~ u•fa~Nid~ and in the ~vMf u~y swn of mwNy becom~s payaW~ undK wch poticy o? policisi s+id MORTGAGFE shaU Mw tM option ~o receiw ~nd ~pply tM san+~ on accounl of tM irnlebt~d- n~u s~cvrad hereby a b ptrmit said MORTGAGORS to ~eceiv~ ~nd vs~ it w•ny part thtreof lor o~her purposes. w~~hout Ihaeb~ waivi~?y w~mpai~- irq ~ny puiry, li~e~ a rght w~der o~ by vir~w of thii mwtpaqe; and in th~ ~we+t said JKORTG/1GOR5 ihall (o? a~y rtaion fail 1o keep the said p~mises w _ . tniwed, a fail to d~liver prwnptly any of aaid policies of irawant~ to s+id MORTGAGEE, or f~il promptly to piy fully any premium the~efo~ w in u?y r~ipect fail b p~rform, d~scharge. ~XKUfe~ eff~cl, complr~~, comply with and sbid~ by thi~ oown+~~, or a~y part l~aof. s~id MORTGAGEE may pl~ce ~nd paY fp wch ins~rancs w~oy parf thsreof withovt waivug a aNectkp any optiory li~n, puiy, w rqM v~de~ or by virtw of thii AAortqaQ~. u+d the full ~rauM of each and ~wry such payment shall be irrwn~d'ately dw ~nd pay~bte ~nd shall bsa~ intKSSt from tM dat~ thc~eof until paid N th~ raq oi nine per centum p~r a~num ~nd together with suth i~te?es~ sMU bs aecwed by th~ ti~n of this matyape. 1. To p~rmit, commit w suffin eo w+~ts, tmpairment or dere~ioratioa of said poperty w any paA tMreof. S. To pay ~N ~nd siapvlu tM cost~, charges and sxp~nsei, includirg a reasa?able ~ttaney's fes ar~d casts of abstracts of title, Incurred o~ paid at any time by said MORTGAGEE, betavse w in the ~vent of the tailur~ on ths p+rt of th~ sald MORTGAGOR to duly, promptly and fvUy petfwm, dixhar9R execute, sffecl, compkts, comply with and abide by ~ach and every ths ~tipulation~, apreement~, cor~dition~„ +nd oovtn~nts of s+id promissory oote a~+d th4 mortyape any o? either. and said costs, cMr~es and ~Xpans~s, each and ~very. sh~U b~ imrt~edi~lely due and payable: whetFkr or not there be notice d~ mand, attempt fo colkct or wN pending; and ths full anauM of each sod wery wch p~ymem shail be~r inre~~st from the da~e thereof until p~id ~t the rate of oine per cenfum pe~ annum; and all said costs, chu9es and expenses incwred w paid, topathe~ with such iMer~st, ihall b~ aecured by 1M 1'~ of this mort~ay~. 6. That (a) in tM event of any bresch of this Mortyape w defautt on th~ pa.t of the MORTGAGOR, w(b) in the event ~ny of said svms of rrwnty herein rafcrred ro be nof promptly and tvlly paid wifhin thirty (3p) dayt next afte? 1hs serrw saxrally becane due and payable. wi~houl dtmand w not~ce. o? in the eve~~ each and every the stipulations, agraaments, conditions and cove+?~nts of ssld promiuory note and th~s mort9age ioy w aither aro not iuly, promptly ~nd fully performed, d~scharged, execvted. effecred, completed, complied with and abided Sy, then in e~ther w srry such evw+t the ssid a¢ gregata wm mentaned in ssid promiuwy note then remainirg ~npaid, with interest acuued, and all monays secured hereby, shall becane dw and pay- able forthwith, w tF~ea'te~, at the option of said MORTGAGEE, as fully ~nd canpletely as it att of tl+e said wms of mw~ey we~e originally stipul~fed ro be pa~d on svch day, anyth;ng in sa;d prom;ssory rate w in this Mongsge to the co~rrary notwiths~anding; and therevpon or thereafter a~ the op~ion of said MORTGAGEE, without notice or demand, suit at law ot in equity, therefo~s or thereaftcr begun, may be proaecvted u if atl moneys sewr~d hereby had matured prwr to ifs instifutan_ 7. That in rhe evcnt that at the beginn;_ng of or st any time pending any suit upoo this M,atgsge, or to foreclose it, w to roform iL a to enfwc~ payment oi any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction theraof for ths appoiMment of ~ Receiver, such Coun shaU Fo~thwith appoint a rcceiver of said mortgsged p~opcrty all and singular, includ~~g al! and sing~lar the iruwne, profits, issues ar+d nvenves from whatevtr source de~ived, tath ~nd every o( which, it beit~p expressly understood, is hcreby mwtgaged as if apetifically set fath and desa~ibed in the g?anting and habandum cla~ses hereof, and iuch Receiva shall have ail tF?e broad and effeaive f~nctiaa and powers in anywjss antrusted br a Court to a Receivar, and such appointment shall be made by•s~ch Court u+n admitted equity and a matter of absolute right to said MORTGAGEE, and witFaut re(ere~ce to the edequacy p inaJequacy of the value oi the property mwtgaged or to the wNency or insolvency of said MORTGAGOR w the defer~daots, and that such reros, profin, incane, iuues snd rere~ues ihalt be applied by tUCFI RKltYN dGtO?dilf9 10 ths lien w equity of said MORTGAGEE and the practice of such CouA. 8. To d~ly, promptly and fully perform, d"+uharge, execute, effM, comptete, comply with and abide by each ~nd every tFK sfipulations, agreemenb, conditions and covenants in said promiuory note and this morfgsge set forth. " 9. That in the event the ownership of the mortgaged premixs, o~ any part thereof, becomcs vested in • perwn other fha~ the MORTGAGOR, ths MORTGAGEE, its sucusso.s and auigns, msy, without notice to the MURTGAOR, deal with such successw w successw in i~teresf with reicre~ce to this mortgage and Ihe debt hereby setured in ihe sams manner as with Nbrigagor without in a~y way vitiating or dittharging tF+e Mwfgayon' IiaDilify here- undd p upon the debt hereby secured. No sste of the premises hereby mortgaged snd no forbeannce an the part of the MORTGAGEE w in s~ttesson or suigns a~d no extens'wn of the time for the payment of ttx debt hereby secured given by the MORTGAGEE or its successors w assiyna, shafl operate ro reiease, discharge, modify cMnge or affect the original liability of the MORTGAGOR herein, either in whole w in pan. T0. It is specifically agreed thaf time is of the essence of this co~tract and that no waiver of any obSigatq~ hereunder or of fM obligaYan sa- cured hereby shall at any time thereafter be held to be ~ waiver of the terms hereof or of the irutrumeM secured herby. 11_ tn addiiron to the Iorego:ng monfhly paymrMS of princ'pal and iNerest requ~red by the promissory npte secured he?eby, mortgagor covenants and agrees to pay fo mortgagee with each monrhly. payment an add;riona! sum estimated by r?wrtgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real properfy taxes levied or assessed against the above described real estate. B-Premiums on fire and windstorm insvrance as herein requ~red to be carried on the improvements situate on thc above destribed premises. C-Premiums on such morrgage guaranty inswance as •mortgsgee shall from time ro time deem fit to carry on the loa~ secured F~ereby. Martgagee shall fiom time to time notify mortgagor in writing of the amoum due and payable hereunder and such sum shall thereupon be due and payable oe? the due date of the. next monthly payment and each successive month thereafter until mwtgagee shall notify mortgagor of a change in such amount. Such sums shall be applied by mortgagee toward the payment of real property tazes, insurance prem:~ms, and mo?tgage guaranty inswance premiums. IN WIINESS WHEREOF, the said MORTGAGOR has hereunto set his ha~d and seal ttx day and year fint aforesaid_ Sign ~d~'eat delivered in tf?e preseote of: ~~i/ ~ _ ~ ~t Ll a or n ~ ' 0 ! Clotilde F. Ta lor ~ ,i • ' STATE Of FLORIDA ~ ~ S t. Lucie ~ ~ counmr oF ! eefore me penonally appeared Lloyd Taylor and i Ot de F. ~ OT his wife, to me well know~ and krawn to me to b~ s the individwls descr7bed io s~d who ex f t t and acknowkdged before me that they executed the ssme fw the purposes ~ "~4~0 1~`e~'': 'fwaySo't ~ rherei~ expressed. And the said E wife of tF~e said Lloyd Tay2or upa? a sepa~ata ar+d privat~ ~ examination by me taken separate and apart from her said kuaband, acknowledged to and befo~e me that she executed said i~strument freely and voluo- { rar~ly and w~thout sny compulsion, constraint, appro~ens~~ r feu of w from he~ sa;d husband. ' WITNESS my hand and offitial seal this J'~e d,y pf A ri1 ` a p. 19 73 i ~ . ' i Not Publ'~c in and 4w the State of lorida Larye M ission expirea: ; - E Retum Ta ' Fint Federsl Savings b loan Association ~ ; NOTAR1f PUBLiC. STATE of FIORIDA ~Hl.~ ` j Of Fort P~erce. ~ CQNIMISSION EX~IR:S E 1~114 ~ ~ FOrt PitrtC. Flo?ida BOnded Thru Gc~e~al I:_u~~oce bndZn+rltM~L ~ , ! ' ~ . i ' ~DEO f-- • . _ ~ p AMO RECG. v = j / t~ ~E COUMIY il~. ~ ; - This Instrument Prepared By John N. Collins S~• ~ cp~'RAS ~ = ! First Federal Savings ~ loan Association Ra~ c~~c~;~z couR? • • ~ ~ : ; of Fort Pierces Flo~rida ,~f*~R~ti+~'` t~=~ ~~~'P:tpj~ ; ~ ~,~3 M.~t~~` ~ E Checked By ~Q'~~ 0'~ 8 : • ; ~ 2528'75 ~ eoox~3 PACf12!~0 i ~ ~ ~ ; > _ _ _ _ _ _ _ - _ - _ n~ _ ~ , :y-~.--,~.. ~ ~'~W'! :