HomeMy WebLinkAbout0524 ~ To pisa ~nd continuously k~ep o~ tF?~ building~ now or horo~fts~ ~Iiust~ on u!d I~nd ~rx! on ~H rqvipmanl and parfoe+~lly covsr~d by thl~ mort~•
e,~a, with ~1! p~emivm~ tMroon p~M t~ full, (ir~ Inaur~ncs in the uw~l ~t~nderd po~ky form, tn ~ 1um •pprovsd by fhe AIQRTGA(3EE, and wi~ditorm
(~w~~nc~ tn 11+~ uwii u.ndud poi~cy form, tn a ium approved by Ihe MOkTl3AGEE, ln fuch tompeny o~ , c~+npania~ ?s the MC~RTGAG~E may
dlrstt1 ~nd ~II fir~ and wi~uls~~rm Inwr~nce po!kia• on •ny of taid bulldin9s. •ny Inltresl tMrein or psrt thereof~ ln the sqQreg+te tum atae~~id or
{n ~xaii iF?e~eof, ~MII cont~in tha usual stand+rd morigagae ctevse o~ such othor cl~use ae ~he Marlgagee mey roqvire, m~kl+y the loss under ta;d polb
dH, each snd every, payable to s~ld MORIGAGEE si itt tntere~t may eppeer~ and each and every ~uch policy ~h~ll be promptly eis:yned and delivered to
~ny held by sstd MORTGAGEE •t further ucwity to :sid morty~ge debt, a~d, not less than ten (10) days (n advente o( the expitation oi eath policy, to da
Iiva to ~aid MORTGAGEE e renewal tharaof, toflarher with e raeipt for ~ha premium of tuch renewal~ and Ihere chail be no fire or windstorm intivranc•
pi~tid on ~ny of said bufldiny~, •ny interest therein or part thereof, unlois tn ihe form and wflh th~ loss paysble at eforeseid~ and (n the event eny ~um
'of mor~ey b.zcome~ pay+ble unde~ wch policy w policies tsid MORTGAGEE shali have Iha aption to receive and apply tha aame on atcouM of the indebted- ~
n~se •ecurcd hereby or ta permtl ~ald MORIGAGORS 1o recelve and use it or any pan thereof for other pwposes, withoul thereb~ waiving or impair•
iny any equih•, Ilen or riyht under or by virtue ot Ih1s mortgaqe~ end In the event •aid MORTGAGORS ~hall for any reason f~it to keep Ihe seid p~emiies so ~
insvred, or fail to deliver promptly i~y of •aid polictes of insurance to satd MORJGAGEE, a fai) prompfly to pay fully any premium tharafor or in any ~
taepect faJl to perfwm, dischorge, execuls, effec~, complete, comply with and abido by ihii tovenant, or any part hereaf, taid MORTGAGfE may place and
psy for ~~ch Insuroncs or eny pari thereof withovi watving or af(eNing any option, 1(an, equi~y, or right undar or by virtua of Ih(~ MortgaQe: snd the ~
fvil amount o~ each a~d evary ~~ch paymenr iha!! be immsdiataly due and payable and thali bear interest f~om ihe date the~to( unlil paid at the rate ot ~
ntne per cent~m per annvm and together ~vith tuch interest shall be tecured by the lien of thit nwrtgage. ~
4. To parmlt, tommH or suifer no waita, Impal~rtxnt a deteriorotion of said property or any pari thereof.
5. To pay all and singular tM coslt, charges and expemes, tncluding a reasonable ettomey i fee and cost• of abilract~ of title, incurred or paid at
~ny time by atd MORTGAGfE, because or in the event of the {ailure on the parl of ~he seid MORTGAGOR to d~ly, promplly end fully pe~torm, d~acherga,
~xecuts, ef(ect, complete, comply with and abide by each and every the ~tipulation~, agrcemenb, condition~, and covenantt of s~id promissory note and thii ~
mottgye ~c?y or either, and said costs, charge~ and expenses, each and every, ~hali be fmmediatety due end payebioj whelhar or no! there be notice de~ ~
mancf, attempt to coNecl or ivit pending1 and tbe full emount of each and tvery fvch paymem shall bear Interest from 1he date thareof until Fald a1 the
rate of nine per centum per annum; a~d all said cosls, charges and axpenses inc~rred or paid, together with tuth interest, ~hall be ~a~red by iha lien of thi~
matyaye.
6. That (s) fn the ~vent of any breach of fhi: Mortgags or default an the par! of tbe MORTGAGOR, a(b) In the event any of t~td ivmt of money
Mreln reter~~d to be not prors~ptly and fully paid wUhin thirty (30) dayi nexl afrer the sama ~eve~ally become d~e and payable, without dem~nd or notice,
or (cj In the ewN s~ch and ever the iU uletlons, ~greameNt, conditions and covenanti ot taid
y p promissory ndte and th+i morlgape eny oi either are nol
~vfy, prompNy and fuliy performed, d~scharged, execvted, eifected, completed, compiied with and abided by, then in eithcr or any wch event the i+id aq~ '
pregat~ ~uni rtwntioned In said p~omfssory note then remaining unpaid, with intereit accrued, and all money~ iecured hereby, ~hali become du~ and pay
able forlhwilh, or thereaftor, et the option of iaid MORTGAGEf, as fvNy end completely a~ if al! of ~he said surn• of money were oriyinally :lipuleted
to b~ paSd on euch day, anythin8 In said promissory note w in thi~ Mortgage to the controry notwithstanding~ and thereupao or ihercafter a1 the option of
~~id MORTGAGEE, withovt notice or demand, tuit at law or in eq~ity, therefore or Ihereaftor begun, may be prosecuted a~ If ~II moneys tacured hereby
had maturcd prior to itt Institution.
7. That In tM event that st the bepinniny of or at any ttme pendtny any ~uit upon thii Mortgsge, w to fwatfoss (t, or to nform It, or to entorc~ >
paymenl of eny c~almf hereunder, taid MORTGAGEE ~hall appiy to the Co~rt haviny ~urisdittior~ thereof fot tha appoi~tment of • Recefver, futfi Court shail
forthwith +ppoint a recetver of ~~(d morigaged p?operty ail ~nd :ing~lar, tnclvd~ng al! and rtnyular 1hs Income, profi~f, t~sus~ and revenue• from whatever
•o~rce derivsd, esch and every of whicb, i~ bein~ expretsly underttood, it hc~eby mor~geged at if tpecifitslly tet fonh and dasuibed in ths 9ranting end
habendum clauses hereof, aad suth Receiver •hall have ail ihe lxoad and effective functioni •nd powera in ~nywitie enfrusied by a Cou?t to e Receivsr, •nd
tuch sppointmrnt shall be made by svch Court as an admitted equity nnd ~ maUer of absolufe rigM to taid MORTGAGEE, and without teference to ths ~
~dequ~ty or inadeq~acy of the value oi the property mo~tflafled or to ~he iolvency or insoivanty oi ~aid MORTGAGOR or tha defendan~s, ~nd ihat tvch
rents, profih, t~come, iisuei and revanue• shsli be applied by :uch Receiver eccordinfl to the Iten or eqvity of •aid MORIGAGEE and the practice of suth
Court. ~ .
8. To dvty, promptly and fully ps~form, d;scharge, executr, effect, complete. comply with •nd ~bide by each ~nd every the stipuletia?i, agreement~,
conditions snd coven~ms in isid promttsory note and this mortgage cet ionh.
9. Tha1 in the event the ownerihip of tha mortgaged premises, or any pa~t ttwreof, becomes veitad in a pfrton other than the MORTGAGOR, tls~
MORTGAGEE, Iri uxcetfori ar~d euigns, msy, wilhouf notlce to fhe MORTGAOR, deal wilh ~uch tutcefsw or ~ucce~sor in tnteratf with ~eference to ihis
mortgaye snd the debl hereby secured in the same manner ai wilh Mortgagor without in aoy way vitiatiny or discharqinq the Mortgagora' itabiliry hera
under a upon the debt hereby iecured. No s~te of Ihe prrm~sei hereby mortgaged ~nd no fo~be+rante on tM part o! ihe MORTGAGEE or itf tucte?son
or ess;gns and no exlenslon oF the tima for the payment of the dsbt hereby stcured given by Ihe MORTGAGEE or its ~ucces~or• ot assiyna, fhall operat~
to retease, diicharge, modify change a aftect the orlginal liability of tbe MORTGAGOR herain, either in whole or tn part.
10. It Is apecifically agreed that time f~ of the esuxnce of thti contraa and~lhat no w~tvsr of sny obtigation he~~undrr or of tht obll9ation re-
~vred hareby ~hal1 at any tlme ~hereaf~er be held to be a walver of ffie tsrm~ lxrepf a af tfie Instrvment secured herby. -
I1. Irt sddi)ion to tbe forepo.ng monthty paymentt of prlnc:pal and interett required by the promissory nole setured hereby, mortpagor covenan~i
~r?d agrees to pay to mortgaqee with each monthly payment an additional sum eitim~~ed by mortgagee to be eqvsl to 1/12 of Iha tnnuat tost of the follow-
- .
A-All ~e+l proprrty tazes levied or asse~sed agairtit ihe above described rasl estate.
B-Premlvmi on (ire and windatorm tnsvrance ai herein requ~red to be carried on the improvementt •ituate on the ~bove desuibed premises. "
C-Premiums on such mortgage yuaronty in~vrance as mwtgagee ~hall from time to time deem fit fo urry on tFws bsrt tietured hereby.
Mortgsgea shsll from time to time noiify mortgagor i~ writing of the amount due and payable F?erevnder ~nd •uch sum ihall thereupon bs dw •nd
paysble on the due date of the ruxt moathly payment and eacb ~vccessive month thereafter until mortg~yee ~hall notify mo?sgsgor of a chanyo ln wcfi '
. amo~nf. Such sumt shall be applied by mortgsflee toward tF~e paymenf of real proparty taxet, inturance premiv?ns, ~nd morigage yuat~nty iruunnct
pnmtwn~. .
tN WITNESS WHEREOF, tha taid MORiGAGOR ha~ hereunta set hJs hand snd seal ths day and yeu f ~t afort~ald.
rsed, Se~1ed nd de iv~red the reunto of: ~
W 8 S ~ 9ZA O ~n
•n
Witne ~ ou ~ ay or
. rc-a~
SiATf OF FIORIDA , ' ~
COUNIY OF T~~~
i.9 . ' ~
~ ~
Bsfon ms perwnally app~ered NeZ~kf ~1~ T8 yl_Ot?
~ F.mmA T.e~ Tg 7 or `
~ ~ hh wH~, to rrw well known and known to irw to b+
t!w ksdivfdwls dewibed En ~nd who ~xecuted tM fapoirp Guhumtrnt, ~r~d ackrqyvlndq~d b~fon rt~e that tMy ~x~cwed t!?s ~sme iw tM purpoas
thereM ~xpnssed. Md the sasa Emmfl LOU Taylor
w~r. ~ r~,. .,r~ Hez~k~ ~h Taylor . .~d r~~~.r.
~x~mtnstion by rrK tsken sepuats and +pan from her saM husband, aduwwtad~ed to ~nd brfon rr~ tMt iM ix~cut~d H d trntnxr?fnt hs~fy ~nd rrolwi-
~ tuily and witAeut Lny compvlaion, ca»triint, ippreheraron, or feu of or from s+ Iwsba .
i a~ ~ / L/ ~
. W1TNE55 my h+nd ~nd offitial sed thi~T~~ day of Or19.&C~
+ S7.
Notary Pubik tn ~nd fw ths Stats of florids ~E~~~u~iT`• •
. ~ ~~+U' '~3~ My Commiaion ~xpirsss -`-~uQ~y'~~,~ .
- R~tYffl YOi . . . `~w.~~~~~~.~~~~~•e.y,iv
• i~t hd.r.) savtng, ~~oan Aa•oct,~~•°(~r ~,fn p Notary. Publk, State oi ~a ~t U 8.'P ~
~ oan 1 ILL.O QI'(U 1\ ~ , ~
ti~~~~~~~~F ~t~•. ECORDED Y'~mmiuion Fac res Jan 13. 196T ~q+ ;`i~,=;
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~~:,~f.;~~= S1. LUCiE COUNTY FLORIOA .
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