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Home My WebLink About2374 ~ . . . . . , To p~et~ and canlinuously keep o~ Ihe butldings naw or hereaftar sftwte on said land and oo all equlpma~tit and personii~y cover~d by ihi~ rttprl¢ • ; a~a, wlth ~!1 pramlvm~ !'~:reon paid tn tul1, Iire insurance in ~he vivat •landard poltey (orm, in ~ wm approved by Ihe MORIGAGEE, •nd win;l:ra~m ~ lrt~utanca 1n itsi usual ~?andard potky fo~m, in a sum epprovad by ~ha MORiGAGfE, in tuth compa~y or canpaniet a~ the MOR1CiAGEE msy i ditedj ~nd •II t(~• end windstorm Inivronca policie~ on any oi taid buitd~ngs, any inter~sl tharein or pert thereof, in Ihe aggregate ~~m ~taai+id a ! (n ~xcoif Iherec(, ~hsll conlai~ the usual standard mortgagea clauw ar s~ch olher ctause at the Mwigageo may req~i~e, makiriq tho ~es~ undrr iaid poll- • ~ t!`t, ~sch •nd evary, payabla to ~aid MC~RTGAGEE ai i1s interest msy appoat, and eath and every wch policy shall be promptly ass'gned and delivercd to ~ any Aeld by t~id MORiGAGEE as (w~her securHy to sa(d mat~ago debt, and, ~01 less than len (10) ~dayi in adva~co of 1he expiration o( each polity, to da • IivN Io •eid MORTGAGEE • renewaf ihereof, toge~har w+th a receipt for Iha pfemivm o( iuch re~ewal~ and ihere ~ehAl1 be r~o (;re or windiiorm in?vronce ' pl~ced o~ ~ny ol said bulldinc~s, any i~tcrest Iherein or parl thereol, unlcs~ ln the (o~m and wiih Ih~ foss payable as aforeiaid~ and In Ihe evenl any wm - of n~ay become~ peyable under tuch policy or policies snid MORTGAGEE shall have ~he optio~ to ~ecelve and apply tha same on account of the indebted- ~ nesi uc~rod hereby w to pennit faid MORTGAGORS lo rcteive and usa (1 or any part there.~f for olher purposes, wilhout Ih:rcb~ waivi~~g o~ impait• Ir?g ~ny eqvity, lien w right unde~ or by virwe of Ihis mortga9e1 end in the avcn~ taid MORTGAGORS shall (or any reaton fafl to keep tha s~td promises ~o t~sured, or fall to delivor promplly any of ~aid policies ol insurance to safd MORiGAGEE, or fail prompfly to pay (ully any pre+nivm thareto~ or ln ~ny p t~spect i+ll fo per(am, dischsrfle, exec~la, effed, comptota, comply wlth a~d abide by Ihis covenan~, w any part hereof, said MORiGAGEE msy pl~te and ° p~y fa tuth lnsurante or any part thoreof without waivlnfl or affec~ing any option, lien, equ+iy, or ~ighl undar or by vl~l~e ot thit Malgaga, ~nd tht ' ivll smarol of e~ch and every w<h payrno~l shall be immedialely due and payable and shatl boar Interest from !he data thereoi un~il paid at the rote o1 ; i ~ ntna par ce~tum per annum and togeiher wiih wch lnteiest thall be secured by the lien of thiti mortgage. ~ To pa~mit, eommif or tu(fer no wasle, Impatrment a de~erktetion of iaid property o~ any part theroo(. ~ ~ , 5. To piy all ~nd ~i~~la~ Iho cos~s, chargrs and oxpantes, ind~ding a reasonabla at~orney'• tee and cos~• of ~bstracu af ti11e~ Incurrad or p~td el `ti ~ny time by ~aid MORTGAGEE, betause a 1n Ihe evenl of Ihe tailvra on Ihs parl of ~he •aid MORiGAGOR to duly, promptly •nd fully periorm, diich~rg~, ~xetute. ef(ect, tomplete, comqly with and abide by each and every the ~~ipvla~ions, agreemenls, co~dilloo~, and covtnant~ of ~aid pramltisory note ~nd thl~ . mwtQaQe ~ny o~ ei~fier. and ~aid casts, charge~ snd expentei, e+ch and every, shall be immediately due and pay~ble; whelhe~ or no1 there be norice da i' mand, •dempl to collecl or ~u1t pending; and Ihe tull amount ot each and every :uch paymen~ ~hall bea~ lnteroN irom the dat~ thereof until paid st ths a : rale of nfne per cenwm per annum; and all said cosu, chargea a~d expenses incvr~ed or pald, togelher w:th ~uch Interoi?, ~hall be iec~red by tM lien of thi~ ~ mortpsy~. . 4, That (a) ln tha event of sny breach of Ihls M.ortgaga or default on ihe part of the MORTGAGOR, or (b) tn tM ~re~t ~ny of estd fumt of monay ~ t hereln ~t(erf~d to ba not promplly and tulty paid wi?hin thirly (30) days next atler tha same severally become dva and payable, wUhout demand or notite, _ ~ a(c) In tht eveM euh and every tha slipulations, agreemeMt, condi~ion~ and covenaal~ of sa~d promissory note end ~hi~ mortgage any w eithe~ u~ nat ~viy, promp~ly •nd fully performed, discharged, execu~ad, eifected, compteted, complied with and abided by, then In either or any •uch ~v~nt IM iaid a~ prey~t~ sum mentiooed In :+id promisswy no?e then remainirty onpaid, with Interest accrued, ~nd all money~ utured hereby. ~hall becvme d~e and p~y~ ibla fotthwith, or thereailer, a1 ~he option of said MORTGAGEE, as fully •nd comple~ely ei if all of the said svmi of mon~y were oripinally i~ipulaled ~ lo be paid cro such day, anything I~ said promissory note or In thi= Mortgage ?o tM conus~y notwilhstandingt and thereupon or 1herEa(ter •t the option of z. teld MORTGAGEE, wilhout no~ica or demand, suit at lew or ln equily, there(we or thereatter bc~vn, may be proucuted ~Y if all moneys ~ecvred heteby had matured priar to i1~ lnstitution. , 7. That ln tM event that al the beginning of or at any ttme pending a~y tuit vpon thi~ Mortgaga, t>r to foretlose It, or to rsform It, or to e~forq._ ~ ~ payment of ~ny cletm: hereunder, ~aid MORTGAGEE shall app~y to the Court having iurisdiclion thereoi for the appointment of a Rxelver, ~vth Co+rri ~hall E (orlhwlth •ppoi~t a ~eceiver of ~aid mortgaged properry all and iirg~lar, tncluJmg all and sing~lar the income, profits, isi~a~ aod rovenvat lrorr? wbaleve~ ~ wurce darived, a+ch ~r.d eve!y of which, it being expressly undentood, i~ hr~eby mortgagrd s~ if tpecitiully ul #alh •nd defuibad in tM gnntiny and ~ habend~m tleutet hereof, and such Reteiver shaU have all the Moad and e(tective funuio~s and power• in anywise emrusted by a Cevrt lo a Retefver, •nd ~ such appoinlmeM ~hall be made by ~uch Court as an admitled eqvi~y a~d a m+ttet of absoluto right to safd MORTGAGEf, and witboul ro(ero~ce to th~ adequaty or tnadequacy of the vafue ot tha properly mwtgaged or to the tohency or insolvency of •aid MORTGAGOR ot tha defendant~, •nd thal such renii, profit~, Intome, iasuet ahd rovenues thall be applied by auch Receiver according to the lien or equity of said HIORTGAGEE arui tM pracNca of such ~ ' Gwrt. ~ 8. To duly, promptly and fully portorm, discharge, execote, eftect, complNa, comply with end ab(de by each ~nd avery the stlpul+liau, sgreemeM~, ~ conditiona ar~ covenant~ in t~id promitsay ~ote and thi: morlgage sat torlh. ~ 9. That In the evenl Ihe ow~ership of the mortgaged premise~, w any parl thereof, betomei ve~ted ln a perton otfwr than the MORTGAGOR. the ~ MORTGAGEE, lts successws +nd asiigns, may, wi~hout notice to the MORTGAOR, deal wi~h :uch ~uccessor or succesao~ in Interest wEth reference to thi~ ; mortQe9e •nd the debl hereby secured !n the aame manner a~ with Mortgaga without In any way vitiatiny or d~schargtnq ths Mort9agort' li~bility hera ~ under a upon the debt hereby ~er~red. No sale of the premises hereby mortgaged ars~ no torbearonca on Ihe parl o( ths MORTGAGEE or lh wcteswrs ar •ssigns and ~o extension ot the tlme for ihe paymenl oi the debt hereby secured given by the MORTGAGEE or its ~ucceiswf or atiigns, sha11 operat~ ~ ~ to retaa~e, diuh~rQe, modify change or aftet~ the original liability of the MORiGAGOR heretn, either in whole or in part. ; 10. I! Is specificalty egreed thaf time It of the essence of this conlrac~ and thsl no waiver of any obllg~tion here~nder or of tM obliyatton se- eurad hereby shall at any time therca(ter be held ro be a waiver of the term~ hereoi or oi the inst~vmant ~ecured herby. : 11. In addition to the faego:rx~ monthly paymeMf of princ"pal and interesl required by the promiisory nole tctuted hereby, mortgbgor CoVManli ~nd ~g~ees to pay to morlgagee wi~h each monthly payment an additional sum estima?ed by mottgagee to be equal fo 1/12 of tFie annual toif of fhe follow- S ~•-a~ ~ A-All rt~l property taxes lavied or assessed againsl the above desuibed real ~~tate. 'r~ , 8-Premium~ on fir~ and windstorm iosurartce as herein req~;red to be carried on Ihe lmprovemeMt tit~ate on tha above dcsuibad premita. ~ C-Premivmi on such mortgaga guaranty enaurance as morigagee shall from time to timo deem fU to c~rry on tM (oan Eccured hattby. ~ Mortgages shsll from time to time notify morlgagor in writing of the amount due snd payable hereundar and such sum •hall ther~vF+on bs dw end ~ payabta on 11~ due date of the next monthly paymenl and each successive monlh thereafter unlil mo~tgagee ihal) notify morlQayor of ~ chan~a ln ivch ~ amount. Such ium~ ~hall be applied by mortgagee toward the payment of rea! property taxei, Ins~rance premivmt, and mortQag• quaranty lnsuranq > prlmlumt. ~ IN WITNESS WHEREOF, the iaid MORTGAGOR has herounto :et his h~nd and teat the day ~nd ear Ilr: otasaid. • ~ S(gned, Sealed an q1t red in the presenca of: ~ ~ Qi~s% •n ~ ~ ~ ~ •n 3 ~ ~ ~ ~ an f ~ STATE OF FLORIDA ~ _ ' ~ COUNTY Of ~L11L'~_ ~ ~ ~ defore me ps~wnally appeared Lloyd Taylor ~ - ; ~ilQ~,~,C~6 TflQ~OI' ~ his wife, to rr~ vwlt knawn and known to m~ fo b~ ~ ttN Individwli desvibed In and who executed the taregoir~ in:trument, and acknowledged brfc~r~ me th~t thay •z~cvt~d ttM tam~ for tM purposes _ rhsr.~n ~x~a..d. Md N?e said__Sc1.~ t~3.1 ~ c~ r~ A vl o ~ wl(o of tfN ~aid Lloyd Taylor ~ , ~~i~~h ~xaminaYwn bY me 1ake~ separate and apart from her taid hwband, stknowlcd~ed to snd b~fon me tMf ~hs oxecuted sald initturtwnl frrty ~nd vat~n~ 2~ t~rily ~nd wi~hout •ny compul~ion, comtroint, sppreheniwn, or fear of a from her Nld hu:band. WITNESS my tund and offici~l ~eal tht~ ~ day of A. D. 19~ r ~ ty ~ 13~8 `0 • otary Publk M and fa th~ St~t* oi florld~ at LWp~ ; . My Commtulon explreu " R~twn To: • ~ ; Ftn``~ ~~~~q~~rg• b I.o~? Assocl.Y No+a?y PuDtic, State of Florida at Largs . ~IL~ AND R~COROEQ My Commission Expres March 1$, 1958 > ~ ~T~'~. ~dr~,~~~«.. . . t{ ~,•``~~An.ca:i•~;t,~k~fy~rfda 3~aK ~onaea BY. American $uaeq! ~o. ai t'L Ys = ~ % •`"~t~,±~-I' - , ' ~~~~QTa~y•~' : 1954 O~C 28 AP114: ~p . - ,_r::~.c-,~~~,~% . " , ` - ~ -~~~:i:ej = . . . . . . ~ ROGER PQITRAS CI~RK ' ~ ~ t ~G ' . . ' . ~ : ~.••Av ~ . ST, tUCIE COUN1r, F[.0~ . ~y~~~.`~± L:'':°«? : _ , . ~ ; : ~ 'cC ~'~;,~;:z rr *~4t~%' - . ~ ~ . ~ h : c: . •'"~'17:;4i~.•' . :~"s • • ~ f i . . _ ~ - . ' ~ enR~ iQS tr.[~~~~ . ' ; i ~ '•i:~ . . , : ~ _ - ~ , ~.l ~ '.t~} - . <r , ~ ~ ~ ' ~ ; ~~~.~,~:s~ .z,K.._~.~.~,~._ _