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HomeMy WebLinkAbout2111-- - - - b. To plea and contirwowly keep pp.tho buNdktgs rtow er itereaher shueN on tatd land and on aR equipment and ptrceorsslfy oownd by thk merge a0e. whh aR premiuns thereon Wb N full, lira Naurana N site usual aanderd pocky loan, N a srrrrt approved by tM MORTGAGEE. and wNdaonn Ma~rartoa N tl+a usual usrdard pocky form, N a atom appeved by sire MORTGAGEE, N sud ottmparty a oomparttsa p tIN MORTGAGEE may dNtd= and all fYe and windstorm N urianoa polkip on any of Nid buiidNpa, any MMr•st N+an1n or paA tha-aof, N tM apgrapaN sum afor•sald a h exaw thereof, sMll Domain the uwsl aandard mortgpee dawn ar sud other dauN p tM Mortgagee may nqufre, makNg tM lose under said pd4 ctsb each and every, payable a Nid MORTGAGEE p its Ntsnst may appear. and sad and wary sud pocky shall be promptly esslgrrd and delhnxed ro any held by NW MORTGAGEE p further aaarrhy a Nld ntortgpe deb. and, rtef leas Man ten (1~ days N advance of the expkatket of each pdky, to de• Rver to Nfd MORTGAGEE i renewal thereof, togahar whh • nalpt fx tl» premium of sud renewals and tFtere shsfl ba no Are or wksdstonn Nswana plead on any of said bvildNps, any Interea therein or part thereof. unlw In the form and whA the ices payable p afonaald~ and N the event any sun of moray becmm~ payable under sud polity a pdkip Nld MORTGAGEE shall Mw sire option b receive and apply site NnN en aocamt of 1M kdebterE rtsss secured Iweby or to permh N'd MORTGAGORS to naive and use N or arty peA fl+ereo/ for otMr pvrpoaas, whhouf thereby waiving a Nrpak- letq any equity, lien or fight under a by v4tw of thN ntorgaget and N site ewm Nld MORTGAGORS shall fa any reason fail ro keep tM Nld premiNS so ktnrred. or fag to deliver promptly any of said pdklp of Nsurana b Nid MORTGAGEE, a fad promptly to PaY ~lY MY premhartt tFse-efor or N any respetl fail b perform, dbdarge, exaM~~ effect. eorrtplete, oowtply whh and abide by th4 eoversaett, a any part hereof, Nid MORTGAGEE may plan and pay fa such Nsurance a any part thWiof withers waiving a affectMtg any optkn, lien, equity, or right under a by virtw of thN Mortgage, and the fate amount of sad and awry eud paymem slsefl be kntwdlatsly dw and payabki and shall beer kNerea froth fire date thereof until paid a tM rats of nine pw arttarrtt per emttm and togeMar whh such Nlerpt shall be secured by site Ran of stele wtorlgage. 1. To permh, carrath or wffer no walla, NtpakmarM a dehrioretbn of aald property or any part tlrreof. S. To pay eh and singular the cosh, d-argea and expenses, NdudNg • reasonable atfaney'• fee and Dan d abstracts of Ntle, Na-irad or Wid al any store by aaW MORTGAGEE, becauN a N file werN of 11+e falkrre an site part of the NId MORTGAGOR to duly. prompNy and fully perform, dbcharpA axeMe, effect, oorrtpMM, oowtply wits andwide by each and very fIN atipttlatlerr, agreements. cortdhlorte, and coversants of aaW premissory nose and fhb ntorpage any a ehher, end said costs., d+wges and expetres, sad and every, oMR M krrnediataly dw and payablet whether or not there be no/ia d- nand, atfen+pf to collect or wh pendirtgr and tM full amount of sad and every and payment slsaQ bear Ntsnst fran 11te deN thereof vmil paid at site rate of nits par cemsNtt pN arr+awnj and all Nid Doan, Barges and expertws Named or i»Id. togMlaer with eud Ntsrest, shall be seound by the lien of this nlalgaga. ~~ 6. The (a) N till ewm of any branch o/ thM Mortgage a delwh an site part of tM MORTGAGOR, a (b) N fire event arty of Nid sums of matey hereN referred to be not promptly aad'fuly paid withN thfrfy~(~ days next after tM sense severally became dw and payable. whhout demand or notice, a (G N tM ewm each and every tM stipulations, apreennnts, oordMlorn and cevertann of NW pranhsory noN and this mortgage any a either an rtot fuly. promptly and fully performed, discharged, executed, effected, completed, contplMd whh and abided Vy, Men N eitltor ar any wch event site Nid a~ gregate sum mentioned N said promissory note then remehtMg unpaid. with lettereat aotxwd, end all moneys secured hereby, shell become dw and pay able forthwith. or thereafter, at the op-bn of said MORTGAGEE, a fully end completely p H all of tM Nid sums of money wen originally uipulatad to be paid on such day, anything in said pomissorry role a N th4 Morgage to fire contrary rtaitwithstandktgr and thareupa+ or thereaher at tM option of acid MORTGAGEE, without ratite a demand, wit a law or N egvfty, therefore or thereaher begun, may be prosecuted p N ell moneys secured hereby had matured prior to its institution. 7. That in 1M event that at the_beginnirtg of ar a any time pandirtp any wit upon thM Mortgage, or to foredoN it, a• to reform it, or to enforce payment of arty claims herwnder, Nid MORTGAGEE shall apply to tM Court having jurisdiction thereof for the appointment of • Receiver, such Court atoll forthwith appoint a -eceiver of said mortgaged property all and singular, including all and singular the Neorna, profin, bursa end nvenws from whatever source derived, each and wary of which, it bring expryetly understood, b hereby mortgaged p if specifically eat forts and desvibed N tM granting and hebend~Nrt clauses hereof, and such Receiver shall have all the bond and effeaiw functions and power N anywiN antrwted by • Court to a Receiver, and such appointment shall be made by tuck Court p an admitted equity and a matter of absolute right fo Mid MORTGAGEE, and without nferertce to the adequagr or inadequacy of tM valve of the property mortgaged or to tM soh%ency a Nsolventy of Nid MORTGAGOR a the defendanh, and tMt such reran, profits, income, haws cent} rwenws shall be applied by sad ReoaMr eoardirq to the lien a equby of eaW MORTGAGEE and the pratlice of sad Court. S. To duly, pro:ptly and fully periwm, a`aci-arge, execute, effect, complete, tornpiy with and abide by each erd evsrty lire siipulaiiorra, agreemeni, conditions and covenanu N Nid promissory note and thN mortgage NI Perth. 9. TMt in the event tM ownership of site mortgaged pnmbes, or any pert thereof, becentes vested N • person other than the MORTGAGOR, the MORTGAGEE, its successwa and auigns, may, without rtptip b tM MORTGAOR, deal with sad wceeaaor or sueeessor N Nterpt whh reference to thb mortgage and the debt hereby secured in rM same manner a wits Mortgagor without N any way vhlating a dadtargNg tlr Mortgagor' liability here under or upon the debt hereby secured. No NIe of the pnmlNS hereby mOAgaged and no forbearance on tFta part of the MORTGAGEE or its succeasa7 or augns and no extension of the time for tM payment of the debt hereby aacured given by tM MORTGAGEE or in successon~or essigm, shall operate to nkaN, discharge, modify change a affetl rise orlglMl Iiability of the MORTGAGOR hereN, ehher N whole or N part. to, Ir 4 specifically agreed that time b of the esaertoe of thin camraq and that no walw- of arty obligafon Mreutder or of the obligatan se- cured hereby shall at any time thereafter be heid`to be a waiver of the terms hereof or of tM inarurtnrrt severed herby. IN WITNESS WHEREOF, tM aid MORTGAGOR hat hereunto sa tell hand and Nal Tl+e day and year fNtl eforeNid. Sig Sealed d delivered h pre enp oft 7 c~••n ~-an STATE OF FLORIDA S,t int Lucie u' couNTy of before ~n 7-'. :] ~.` - aiv a- a a ,z • a swaaaw ~ h4 wFfe, b m. well ki+olw?' anq. ~ s itr~ the 4dividua4 described N and wlto exearNd site }orepoktg Mtstrtrttawtl, and adu+owled0ad 4e/en tree Mat May etcearljJ * ~~;~. tlr..N exp..,s.d. And the e1u+ Do~ie ~. Radke ~~_~ ~~'~'•^ wit. of tit. Nor Edmund M. Radks .' ~ • . . ` •- by m. taken sepwats and apart from hp Nid "'t4~ Md'p~~A examination ac#ttowledpad b and w}Ore me tltaf sM executed sell ~ t,.~e roily and without any contpubiay cartraNt, or few of p fran her Nfd ltutbrtd. ~~•. --vvi~:~ WITNESS my hand and official Baal stela ~~D ' day of "' 1l. ~. 19~ r~~ No/ery -ttNfc N and site iteM~of ~Wa at Lafpe Return Tor MY ~~ ~ Puubb!(KK Si1C 0~ f~0iidif 2t ~2fQ! lira Federal SwYtgs a bars AwoeW{ott - Ml- Coiamission Expires NoY. 4, 1961 of Pert Pierce. 924US w.... it. Aarrfar For a c...rr c.. Fort Ptsra, Fbrida 'h/r,f UI ~,; r F!LEC A~~O R CORDED . , ~"~ .~_DOOK ~~`~ ~~~ I ~ PF1 2: 4? -•`, t:.~F;:.••;: ~;~~ ... ROGER s . r• . ~. . ,•. .~< , POITRAS, CLERK ~~''~+1Y. F:OtctOA ~' • , i