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? To pl~u ~nd cor~Nnuously k~rp o~ Ihs 1~?ltd~ng• now or h~n~f?~~ ~1w~~~ on ~sid lend end on dl equtpment ~nd psnanalty covered by thl~ mort~
p~, wilh ~II premlumt th~reon paid tn full, ttro tnsurana in ths wual stirdard poUsy fam, tn a wrn ~pprovtd by the MORTGAGEE, and windti~o~m
~ ~ tniwsnce M the usud ~t~n,~erd policy fam, in a s~m ~pproved by th• MORIGAGEE, in wch comp~ny or companlei ai the MORTGAGEE may
} dir~ttl ~nd •ii 1tr~ ~nd winditorm Inturanta polidet on •ny af wld buiidinps, any tnterest the~etn or part thereai. In the a44req~~a ~um afaesaW ot
1 h~xtett theraot, ~MH conf~ln tha vtual •tandard malgsges clavso ot wch o~her clau~e •t the Ma~peyee m~y require, m~kin~ 1ha loti~ untler s~ic~ po1H
tte~, ~ich u?d every, payabl• to ~~id MORTGAGEE es it~ intere~t m~y •ppear~ end aath and avety such poliq ~hall be promplly ass;gned and deiivercd to
i k+y Mfd by ~eid MORTGAGEE s~ iwthet trcu?ity fo ~atd morigaga debr, and, ~ot le:e than ten (10? day~ tn advanco of ths e:cpi~a?to~ of each policy, to de-
? Ifwr to s+k1 MORTGAGfE s rtn~wsl thereof, to9ethet with a rae(pt for the premium of wch renewal~ and ther~ ~hall be no fire or windstorm insvrance
,~E platad on ~ny of taid buildinqs, any inte~e~i therein ot part theraof, ~nless 1~ the (orm and with tho tos~ payabte as afwesaid~ ~nd tn the avent any ~um
' i of i~ianey bucome~ p~yablt u~de~ iuch poticy w poHcte• taid MOR7GAvEE shall bsve tha option to ~eceive and apply the aame or~ a<counl of Ihs indebted~
neu txurerJ horeby a ro parmit tsid MORTGAGORS to recolve end use It a any pa~t thereof for olhcr purposes, wi~hout Ihercb/ watving o~ impair•
~ top any equity, Ile~ or right vnde~ o~ by virtue of thts mongaget snd in ihe event said MORIGAGOkS ohall (a any reason fail to keep ~he s~id premise~ to
~ insured, or f~it to deliver promptly any of sald polltie~ of insurance to taid MORTGAGEE, or fail promptly to p~y t~lly any premivm Iherefor a in any
i tt~pect t~ll to p~~(ornt, discharge, ezecute, elfecl, tomplete, comply with and abide by Ihi~ covenant, a any pait haroof, •afd MORTGAGEE may ptace snd
~ ~ p~y for tuch tn~urancs or i~y part thareof wi~hout walvictig ot affatlny any opflon, Ue», equity, or righ? undt~ or by virtue of thts Matflsge, and 1M
fvll smount of eaih and every auch paymeM thaU be immadi~tely d~e a~d payable and ihall besr Tnterosl irum tha date thereof unti) patd at the rats ol
~ ~ nin~ p~r cant~m pe~ anrtum and toyather w3th ~uch interest shall be secured by the lien of thtt mortpaga.
~ ~ 1. To permit~ commit a wtter ~o ~ssate, Imp~irment or dete~torstion nf said property or a~y part tharaof,
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5. To pay al{ and stngulu ~M cosb, charget and expense~, trxtudtny s reasanabta attorney'~ (ee and co~1• of ab~t~ettt of title, (ncvrr~d or peld at
~ ariy fkn~ by iaid MORTGAG:E, beca~~a w in tho event of the failure o~ the parl of the said MQRTGAGOR to duly, promptiy ~nd fvlly parfam, di~tharga
•xQCUte, etfetl, comple~e, comply with and ~bide by tach snd every the stipulations, egreementi, condition~, snd coverwnte af said promtssory note and thi~
; ; matg+y~ any or ~ither, and said co~t:, charge~ •nd expente~, each and every, ihall bo Immedlately tiue ~nd payablaJ wheiher or not there be r.otice da
~ mand, attempl to tollect ot euit pendingj and tM fuli a,-nounl of eath end every evch payment thall bear intere~t from the d~te thereof until paid ot the
f'~~ rate oF nin~ per cent~m per ann~m; and all iaid costs, char9et and expensei (ncvrred or paid, ~ogether with such (ntere~f, shalt ba securod by the !(en of ihit
~ . { mort~+Q~•
~ b. That (a) !n tM event of any breach of ihts Mortgaga or default on tM part of the MURTGAGOR, or (b) tn the a~eM ~~y of taid tum~ of money
Mraln r~ferred to ba not prompily and fully paW within Ihirty (30) days naxl after the same aeveraliy becoma dus and payable, wilhovl demand or notitA.
ot (c) M th~ tvsnt •ach and avery tha stipvla~iont, agream~nf~, condifions snd covonants of •aid promiisory note and thii mottQaqe any ar elther are not
~ ~ ~uty, prompt{~r ~nd fully perfwmed, dtichsrged, exec~l~, effected, completed, tomplied wtth and abided by, then in either oi any tuch ~van? tha said ~q-
; p~eqatt wm rtwntioned in •aid promissory nots than remainin9 unpaid, with tMerost earued, and atl moneyt tacurod hareby, shall becoms due and pay~ I
abl~ forthwith, or fherealte~, at t}» opt;on of said MORTGAGEE, ai tully and completely a~ if eQ of tho wtd wmt of money were alginally tlipulated
i tu be paid on stich day, ~nythtny tn said promiuay note or in thl~ Mortysga to the contrary notwithslanding; and thereupon or thereafter •t the op~ion of i
j ~ uW MORTGAGEE, withoW ootice or demand, suit at law or in aquity, thereFore o~ thereifta~ bt~un, may be proseculed es if all moneyt securad hcreby i,
i• Md matvted prior fo it~ tnititution,
} ~ 7. Tha~ in tl?~ ~venf thst at ths Inni of or ~f an Urrk odi ~n auif v thi~ Mort ,
~9 ^9 Y Pe ^9 y P~ psg~, o? to forecloe~ H, or to reform tt, or to fnforc~
~ paymenl of •ny cl~ims hersunder, said MORTGAGEE shall apply to the Couri haviny i~risdicllon Ihrreof for tha ~ppointmsnt of a Recelver, ivch Co~~1 ~hall ,
i tathwith ap~oint a racetv+r o) ssld mateaged proprriy +II ~nd iinfl~lar, lncludin9 all and sin9ular the lntome, profits, Isaves and revanues trom whatever
~ ~y wwc~ derived, each and every of which, i~ bein~ exp?essly undentood, is hereby mortgagrd as If ~peciflcelty iet forlh snd described In the yr~minp and
1 habendum clavus hereof, and such Raefver thalt havs ait the broad and effectiva functiom and powers In a~ywise entrusted by a Court fo a Rscflver, and
3 ' wch ~ppointment shall bs mada by tuch Co~rt +t an admltted equity and a malter of absolute ri9M fo sstd MORTGAGfE, ~nd without ~eferente to ths
~ t adeq~~ty ot loadaquacy of tha wlw of 1he properly mortgaged or ro tha wlvancy or insolvency of ~etd MORTGAGOR ot the defenda~tt, ~nd that tuch '
r~nU, ofita, incom~, tuves and revenuea shall be a I~ed b such Recetvo? accordi to the lien ar ~
~~.P~ pp' y n9 equity af taid MORTGAGEE artd Ihe prnctice of •vch
8. To dvly, promptly srw! fully perform, dischary~, execule, effetl, complete, coanply with •nd ~bide 6y each and ~very the tllpulatlont, prtement~,
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conditwru ~nd coveMnti in said promfssory not~ ~nd Ihit mutgags ut forth. ~
~ 4. That (n th~ want tf+e awntnhip of the mortgaqed premiiet, or any part thereof, bscoms~ vested In ~ perfon otlkr thao iM MORTGAGOFt, th~ !
MORTGACaEE, ltt wcteuon and asaigns, m+y, without no~ice to the MORTGAOR, deal with ~uch iutceisor a~ucceiwr ln tntere~t with retcrence to thts - +
mortgafl~ snd tha drbt htreby iacvred in ths_ ~ame manner as with Mortgsgor without tn any way viti~tirey or diuh~rytry the Mortgayon' lliblliry Mr~. ,
ey
t under or vpon the deb~ hereby brcurrd. No u!s of the premiies hereby mortgaged and no forbaa~ance on 1ha part of tM MORiGAGEE or its iucco:sw~
~ ' w ~siigru and no extension of the Nme for the paymeot of the debt hereby tecured glvan by the MORTGRGEE ot it• wccesiors or assiyns, shall opsrat~
! ~ to rsleass, distharqe, modify thange or affect the original iiabitity o1 tha MORTGAGOR hereln, either In whols or ta pa~l.
10. It is speci(fcally agrcad that time of the cssence of thls cont~an and that no walver of sny obfiy~tion herevndar or of th~ obllyatton ~a-
~ wnd hertby shall at any tim~ thcreatlar be held to be ~ waiver of ths termt hereof ot of the Instrumtnt wcured herby.
11. In addition to the forego.ng monthly paymenti:of princ:pal ani! interest requircd by the promissory note secu~ed hereby, mo~tgagor covenants
~ i ~nd ~9rees to pay to mortgagee witb each monthly paymenl an addirional :um estimated ~y mortgagca to be equal to l/f2 of the annval tosl of the follow-
~ f ~j . .
~ A-Al! resl property taxes levied or assessed agatrtst the above describrd rea! e3tate.
B-Pramiurtu on fire and wirtdstorm i~surance as herein requ~red to bo carried on the (mprovamentt •it~at~ on ihe above desu36ed premtses,
~ ' C-Premiums an s~ch mortgage guarenty fntu~ancs at mortgagee ihall from time to ttme dtsm fit to c+rry on the loan wcured hareby,
~ ~ Mortysgee shall from time to time notity mortgagor In writing of the amount due and payible hsreunder and auth sum :hall theroupon be dvs ~nd
~ pay~bk on tF» due d~te of the nexl monthly payment snd eath successive month thereafter untll mortgagee tha{I notify mortgaflor of s than~s In such ,
; ~ ~rnount, Such svms ihall bs applied by mortgagee toward the payment of real property taxet, Iruurance premiumt, and mortpaga yuaranty inwrtnte
~ pthniums.
!N WITNESS WHEREOf, the ssid MORTGAGOit hes hereunlo set hii hand and :oal the day and y u flrst aforassld
~ ~ Slpn~d, Se~led and deliverqd In th~ preiancs of~
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~s~" ~ i `l~s~.~ •
~ t ; .n
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; ~ ~n
i , cs..n
~ ~ ' STATE OF FLORIDA • ~
j ` counnr oF 3aint Luci d ~ . ~ : ;
;
wror. n,. p~r.on.uy :pp„nd L10~ d Ta~,_ ~
l Ll nti l dA Fa T$~ ~ hh wtf~, ro me wtll known and known to trw to M
f. ~ t M k ~ div l d w ls dasu i b
e d M a n d w h o txecul e
d t h e funpotnp inttruma+t, and ackrwwt~dpsd b~fo't m~ tMi th~r ~xewted th~ sams for ths purpot~a
.x~?.,,.~a. n~ r~. ,.~d_ Clo~ild~ F. Taylor
wi~e of tF» ..w L~ oy„~ Tavl or ~pon ~ asparat~ and prtvat~
~x~mtn~tion bY m~ taken sap~r~t~ ~nd apart from her tald husband, acknowledged to iod b~ior~ rr~ tha~ sfis sxecuted s~id tnatrumant frsaty ~+~d volun-
Iarily ~nd withovt sny compulslon, con:traint, apprehenstory or faer of or f
DBC hAI' 6~
WITNESS m Mnd ~nd offlcia! ~eal thi¦ ~
; + Y s~ day of A. D. 19
~ ~ >~,~y~-`'/`tf ~.~r~-/ .
i • ~ ~ry Pub~lk tn ~nd fot t1~ St~t~ of !{orid~ ~t Lsrp~
` Raum To~ . - 1~~~~6' M~~~u~iic, t te ot FlorWa at ~ef~:~
R flra ~~`eN~,~ t,oan Aaoclarion Y Commis~ion Expires Marcn 18. 196$ ,
_ ~ . ,`...•p~,~~~, . - Ro~r,~~t ~x A~ner~c~ sw~~ ~ Q~ h`Y~ . ~
~ : c~ , . Fl~f~ rD AND RECOROED ~
j ' ~ t., Q~ ~R j'~".: • !T' • ^ UOQ~ ~•~`~~~,~~U rl~~ _ ~ .
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~ : ` ' •~?~~~~y~v ~ ,1964 DEC -?r- 3: 36 . , ~ ~ .
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~ ; +''•,~r • : ROGER POITRAS, p.EltK ~ ; • l . ` .
~ ; ~'-..;~CF f~~~:~',.•~' $1. IUCIE COllNTy, FlOR10~ - . ;:ti ~~~r ~
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