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S. To pl~re +~d <ontin~ouely keep on ~he buildtngt ~ow or htreattt~ ~ltuste ort »id I~nd artd on all eryuipmrnl ~nd petson~lly tovertd by ihif rtottg- ~
d4s, wt~h atl premiumi Iherson pnld In iutl, f~ra ins~rance In Ihs ~~~al ~ta~dard policy form, i~ s tum spprov~d by Ihe MORIGAGEf, and wlndstorm ~
Irt~u~ance In 1M utiua! ~~andard poliey torm, In a ~um approvod by 1he MORTGAt'ifE, in ~uch <ompany a~ tompaniat e~ Ihe MORTGAGEE may i
di~tttl ~nd all (ir• and wind~torm Ins~rance policiat a~ any of taid build~~gs, any lntere?1 therein or pert Iheroof, In IM aflgrege~e sum aforei+td or
!n excesi Ihsreof~ shall <on~ain Ihe u~val i~andard mortgagea dause o~ such other ciause •s t4~e Mong+gee may requ~ro, meki~q ~he los~ unde~ said po?M
.cle~, esch and •very, psyabla to ~sld MORTGAGEE as i1s iNe~esl may eppear, snd each and eva~y such poliq ~hall be prompity ets~g~ed and doliv~red to
:ny held by ~~id MORIGAGEF ai I~~tha~ seturity ~o saiJ morigage debl, and, ~ot les~ ihan ~en (10) days In advanco of ~Ae eapirsllor? of e~ch poficy, to de-
Itver to ~aid MORTGAGEE a renewal the~e~o(, 1ogNher wilh a receipl tor Ihe p+emivm of wch renewalJ and there •:hsli ba no fira or windsto~m tnw~ance
pl~ted o~ ~oy at s~iJ buitdings, any (nterei~ Iheruin or par~ fhereof, ~nle:~ in ihe (arm and wi~fi 1he los• payable a~ atoresaidj end in the event any ium
of money brcomss payabte v~der tuch policy or policias ~eid MORTGA~iEE ihall have tha oplion to ~e<efva and appfy tfia same on accovnl o( the t~debted-
nrss stcu~ed hereby at to pemiit ~sid h10RTGAGORS to receive snd ute il or eny patf thereof for olhe~ purposes, without Ih:rcb~ waivi~~g or impair•
~ Ing •nY equity, iien o~ ~i9ht under or by vlrtve of this mortgagep •nd (n the evenl taid MORTGAGORS shall for any teaton fail to keep Ihe fald premite• io
~ ln~~red, w fail to deliver promplly any of ~aid policies o( ins~ranco to iaid MORTGAGEE, or fail promptiy to pay futly any p~emium Ihere(or or in any
tefpect fail lo pertorm, dischatge, execulo, eftect, con~pl~te, comply wi~h and abide by Ihit tovenant, or any part hereo(, ~aid MORTGAGEE may plsce and
~ pay (or ~uch ln~uraruo- ar any part Ihareof withoul waivin9 or atfecllny any option, lien, equity, or t~g}it ~nder or by virtue of Ihi~ Monsage, and the •
~ t~ll amovnt of eath a~d evary s~ch paymoro shall be immediately due and payable anJ ~hall bear inrerest irom 1hs dsta thereol vntil petd al the ~ata ol .
~ eine por centum par ann~m and together with wch inle+est thall be iecured by the lien of Ihis matgaga.
~ 4, To permit, commlt or suiter no wa~le, Impni~ment w deteriorotion of •aid prope~ty or eny part thoreof. -
~ S. 7o pay aH and sinqvla~ the to~ts, ch~rge~ and axpenses, induding s reasona6le attomey'~ fee and costt of •bttract• o( title, Incurred or p~ld ~t i
any time by ~aid MORTGAGEE, becausa a i~ ~he svent of ~ha tailure on ~he parl oi the taid MORiGAGQR to duly, promptly snd fully parfwm, discharg~, .k
~ ~zecvte, et(td, complete, comply with and abide by each and every the stipuletions, agreemen~s, conditions, and covenanl~ o( •aid promistory ~ote ~nd thif
mor~Qape ony or ei~her, and said costs, tharges a~d expertses, each and every, •hall be immediately duy and payables wfielhet or nol fhete be ~otica da
, ~ mand, attempt to coUect w tuit pending~ and the (ull amouM o( each and every ~vch payment shalt bea~ in~aresl Irom Iho d~te Iher~ol until pafd al tht _
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~ rota of nine per cenfum pcr annum; and al! ~a;d coits, thnrgei and expenses irx~rred or paid, ~ogelher with wch Intete~t, ~hall be iecured by 1he lien of thi~
~ mortyaqs. i~
6. That (a) In tha event of any breech of thii Mortga9s or defeult on Ihe part of Ihe MORTGAGOR, or (bj In tha tvent any of ~itd sumi af money
~ M~eln rsfer~ed to be not promptly arxt fully paid wiihin thirty (30? days »exf after Ihe same tevarally become due ~nd Qayat~le, wilhout demand or no~ice, ,
or (c) M!he event e+ch and every the stipulalions, agreemenlt, conditioe~i and covenants ot ia~d promissory note and th~~ morlgago aoy ar oilher •re not
~u1y, promptly and tvlly periwmcd, diuharged, exa~ted, eifected, completad, tomplied with and abidrd by, IMn In eilhr~ w any ~uch svenl Ih~ taid sg i
preyata surr~ meNiontd In said promissay nota then remaining ~~paid, with interesl aeuued, snd all money~ tecured hereby, fhall becoms dua •nd psy- '
t"' ; ~
~ble ferihwllh, or lhereaiter, at ~he option oi said MORTGAGEE, a~ fully and completely as if sll of tha ~sid tums o( money were aiflfnally ~tlpulsted
fo be paid on wch day, anything in ~a~d promitswY note ~r in this Ar\wtgage to Ihe cont~ary notwithstandingj and Ihereupon w thrreafter at Ihe option of
taid MORTGAGEE, withouJ notice or damand, suit a1 law or in eq~ity, theretore c~ therea(ter begun, may be protecuted ea if alt money ~ecured hereby
had mat~red prior !o itt Instit~tiw~. ,
~ 7. Thal In the avent that at the beginning of ot •t any tima pending any suit upon thls Mortgege, or to fo~edo~~ h, or to r~fam It, or to entotce
r paymenl of any ctaims hereunder, ~aid MORTGAGEE rhall apply to the Covrt having (urisdiction Ihe~eot for the appointmenl of • Rctelver~ ~uth Co~rl shall
4 fu~hwtth +ppoint • receiver of •aid morlgaged properly all end ~tngular, lnctud~r+y all and sing~lar ihe Income, prot;l~, tswe~ and revenuas (rom whatever
~ wurce darived, each a~d every of which, it being expressly vnde~itood, it hereby mo»gaged as if tprc~lically se1 forlh •nd de~cribed In IM yr~ntirs~ and
~ habendun clauses hereof, and ivch Receiver shall have all the broad and e(fec~ive funuiont and poweri in anywiie enlr~tted by a Courl to • Recelve~, +od
•uch appotntment shall be made by suth Court as an admitted equity and a maller of absot~te righl lo taid MORIGAGEf, and w31hou1 reFerenco lo iha
~ ~dequacy u Inadeq~acy oi tfia vatua of the property mortga9ed or 10 Ih! tOIVlM~/ or i~sotvency oF ~~id MORTGAGOR ot the defendantt, and Iha1 tuch
~ rents, protit~, income, iisues and revenues ihall be spplied by tuch Receiver accordiiig to the lien or equity of •aid MORTGAGEE and ~hs praciice of iuch
~ - Court.
S ~ 8. To du1y, promp~ly and fully perform, discharge, execute, effect, complete, comply wi~h snd sbido by esch and every the ~fipulationt, ~q~nmenti,
j conditionr srx! covenanti in said promis~wy note and ~his mor~gage ~et forth.
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; 9. Thil In 1he event the ownsrship of the mortgeged premises, or any pa~f thercof, becomes vested In • penon olher thin tM MORTGAGOR, ti»
; MORTGAGEE. Ih successori •nd assigns, may, without noiice to the MORTGADR, deal wi~h tuch :uccessor or ~vcce~sor in iniereit with reference to thit
? mwtgags and the debt hereby tetvred in the ~ama manner s~ with Mortgago~ withovi ln any way viliating or ditcharying tM MortfliQori' (i~bllity M~t y
, ~ndcr a upon the debf hereby ietured. No ~ale of the premises heroby mortgaged and no forbearonce on the pul of the MORTGRGEE u it~ svtceatw~ ;
~ or esi~gns snd no extens+on of 1he time for the paymenl of fhe debt hereby tecuted given by Ihe MORTGAGEE ot lts ~utcetitwa or aitigru, shall opotat• #
~ 1o roleese, di~tharge, modily change ar altect the original liability oi the MORTGAGOR herein, either in whol~ a In psrt. ~
~ 10. It 1~ specifetally agrced thal tlme i~ ot the cssrnce of this conltac~ and that no wsivet of any obltgation herwnde? or of the obll9ation sr
• cured hereby ~hall at any time thereatter be hald to be a waiver of the terms hereof w of fhc ini~rvmrnt utured herby.
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Il. In addition to the (orego:ng monthly paympnts of princ'pal and tNerest rrquired by the pramissory nore tetured hereby, morly~qor cov~nantf ~
and ~greet ro pay to mortgagee wilh eath mon~hly paympnt an additional sum eslimated by mortgagee to be eq~al to 1~12~ of the annwl tott of fhe follow-
. ~ )~g; . .
~ A-All teat property taxe: levied w a~sessed againsl the abova descrlbed real eslate.
B-Premiums on fire and windstorm insurante as herein requ~red to be carried on the tmproremems :ituits on the abore desuibed pt~mlt~oe.
{ C-Premivms o~ such mor~~age guaranty insurar~ce as mortgagee shsll from time to time deem fit to carry on 1he lo~n Ktur~d Mraby.
~ Mortgagee ~hal1 from time to time nolify mortgagor in writing of the amount due and payable hereunder +nd tuch ~um thall therevpon bs dw ar?d
pay~bl~ on 1he due date of Ihe next monthly paymanl and each successive month thereafter until mo~tgagee shall rsotify mortgagu of • chang~ 1n wth
~ amount. Sucb wm• :hatl be apptird by mortgagee toward the payment of ~ea! praperty taxes, inEUrance premiums, •nd mortgaye pvaranty Inwr~r?c~
x ptemiumf.
IN WITNE55 WHEREOP, the seid MORTGAGQR ha~ hereunto tet his hand and seal the day and ye~r fint aforo:aid. . •
~ qned, Sealed • d a ed in the esence of~ ,t~~
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~ STATE OF FLORIDA ~ • ~
cour,rir oF seint Luaie _ , • . - °
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~ 8efore mt perwn~lly appeared •l O~~ T~y 1 dr .,,d
~ ~lOt'.~ZCZ6 'r' e Taf~A~' hIe wff~, to rt~ w~ll know~ ~nd known to nvi to b~ -
tM lndivW~ali deicribed tn ~nd wfio exetvted the foregoiny instrvrr~ent, snd acknowledgad btfor~ m~ that fMy ~x~cuted th~ sarrk fot tM purp~et
~ thertTn ~xpress~d. Md the wTd _...._~1l~.t 3 w E.?~~1Qr ~
~ wtf~ of tho w1d L1Qgd Tav~ lor ' , upon • separa» snd priv~t~
~ sxsminat;on by me taken separote arxl apart from her ~aid husband, scknowledged to and bsfon tr~ tfi~t ahe ~xecvted fald ltKtrwrnnt trNly ~d volun~
~ tarily end withovt ~ny compulsion, tonslroint, ~pprehen~ion, or fear of a from her s+fd husb~nd. .
} WITNE55 my Mnd and official wsl thi~ day of Deaember , p, p, jq~ .
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f 1`~=~,~.~ 7: _ Y Commiisbn •xpir~u
" : S:' ~ry'Tg~',':~ s . Notary Pub1'~c~ State ai fWri4a at I.ar,~• .
~ Ftnr Peder,l~a~f~~ ~.'~[¢n:Ri,~c~.r~n 1,Ay Comrtt~ssion Exp+res Marcn 18~ 196i
~ ot ~on..~ce.ce. n Banded 8y. Ame~~n Surety Co. ot N. Y.
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, . ~ ~ _ ~ ~1. 1954 DEC 2Q AM l0: p . , ~'*~:-~q~~ . . . -
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T. " ~~„~S'"" `*ry`; ~0~. f
ROGER POtTRAS. CtERK ;
- . . ST. IUCIE COUNtI', Fl.~RIDA ' ~ , ~
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