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HomeMy WebLinkAbout2208~b~K 4 237 ~. To [flag and ooMNuowly kNP ~ ~ buNdrsp ttOtlr « Itaradsar Hfstasa an said larsd and eve aM a~IrlptrtarM and paraartallr satiated by fills ttsong- age, wNh all pertslsmy Mtereon paid N full. fka Irtlcrrasea N Nsa tASial slarsde-d polkr farR M a satin ap'raved by Mss MOtTGAGtl, and wisbfam Nau.anw N Mta Iwud srarsdad pdky forest, N . autss approved br flsa MORTG/WEf', N tltrch aontpawy « cartpatNa a tM NWRTOAOEE tssay dkeett ad aN fYe and wlrsdstorm Newana polkla an any d said buildirtga, any NNraM fhatrin « pan shared, N rise aprpaN tttass aforewld « N etcoasa tlsereof, atoll oastsN rise twwl aandard matgagaa dauN « each other dells a Nsa MatOegaa star nquMa„ rnaltMq Nsa IoM uttdar Nld po1E acs. «dt and awry. peyebli w Nld N10RTGA(iEE « Na Nfaa/ Wray appar, and cads and w«I- wdt 1~y ehaM ba prontpily aaalorrd and deMvaed w any heW by Nfd MORTGAGEE a fwtl'ser security fo eaW tssorgaga deb, atsd, nol INe risen Ian (1C1 clays M aduanoa d Nta axplratlon d aadt peltelr. fo der Ihrar to Nid MORTGAGE! • rersawel thenef, topath« wfM • raoayst ter Mss praahutt d atxh rarsevra4 and then atoll ba ro lira « vrltsdstonts Ntttarana placed on any o/ add bWWlrspe, any Nterat fhereMs or pan tlsaraof, satslass In !M form and wNh rise lea Parab4 a daweWs atsd N rise avast any cum of moray beoonss payable ursda wch polky « polklee Nld MORTGAGEE shall haw rise optbn to receive and apply tl+a sense on aonount d rise Ysdebt.d• tssa sacwed Mteby « b permN NT~MORTGAGORi ro noeiw and uea M « any pan tlsereof f« orbs purpose, without thereby wahrirq or ln+fs+b• Inp any equity, lien a right under or by srlrtw d thM ntongeget and N t?w avant seW MOItTGA~00Rli shall f« any ttiasen faN to kap ties Nid pramNs eo ir+eured. or fell b deliver promptly any of safd pdicMs of Gtawanp b Nld MORTGAGEE, a fall prontpMy to pay fuNy any pranlwn therefp a N any rspetf fall q perform, disd-ergar exetsrte. affeeL complete, comply wills and abide by Chia covarsaM, « ar-y part hereof, seW MORTGAGEE may plea and p.y for such Nswarsce or any part thereof wkhaR waivNg a athcting any option, lies, egvMy, a right ands a by vines d thh Mortpepe, and the full amount of cads and every essch payment shall be immediately des and payable and shell bear Inhreet from rise data thereof sxNN paid et 11se raN d nine par eersfsatrs per arrwsm and togetMr wNh ssrch M+terest alsall be second by rise Nan d this n+ortpege. ~. To permN, commit a suffer no wale, Ntpefrmast a daterbraNon of saW property « arsy pan tMreof. S. To pay ell and singular tlse costs, dsarges and axpawa, ksdsrdNg a reaeasebla atforrrys tee and cops d abNraefe d title, Msurrnd « paid N any time by Nid MORTGAGEE, beeauN a N the avarsf of rise fNlsxe on rise can d the Bald MONTC3AGOR b doh. [x~pht std fulh f>~~4 dlseha~ execute. effect, onrrsplefa, comply with and abide by ead- and every rise sHpulatiotr, agrearrsent, rxtrs~tlorta, and oeversanb d Bald prorn4aay more and thM mortgage any or Ntha, std Nid oats, d»rga end etcperaee, cads and every, atoll be itrnedlately due and payebMt vtrMlMr « not tlssre be notice d- nand, attantps b colMct or wit pendYgf and f1N full emosrnt d cads and every ails paymaN shell beer Ntenst from rise deN thereof wsMl peW at tM rate of nine per centurts per arsrstwnj and all Nid cleat„ cl+arpes and experaa NWrwd a geld, fogNh« wish such Nfaaf, shell be seeswsd by !!se IMn d tlsM mortgage. 6. That W N the avant of arty breach of flsls ARongaga « default on Mss pan of rise MORTGAGOR, « ps) N tM event any d Nid awns d moray herein referred to be not promptly and fully paid wlthN thirty' (~0) days neat .star fire satssa eeverelh bemrna dt~ and payabM, without danced a notice. or (d in rise ewM each and awry the stipulstiorr, agreanant, cadMlorte and covenant d Nld promfsetsry note and thM tssortpage arty or eMlsa en not iuly, pranptly and sully perforrs+ed, discharged, exewted, effected. oontpleted, complied with and ebielad ~y, flrrt N either « any such evert rise said aP pregate sum mentioned M Nid promissory more then nwsafning urspaW, with 6sfarest ttecrued, and aN Asoneys sacwed herby, shall beoonse des std pay able forthwith, or thereafter, at the option of Nld MORTGAGEE, a fully end OOeetpletely a ff dl d rise saW sums d money was originally stipulated to be paid on such day, anything in said prtxnbtory rate or In this Mongape to rise comrary nofwithstandingt and thaeuport a thaeafta at the option of said MORTGAGEE, without notice or demand, suM at law d to equity, Mserdore a thereafter begun, may be prosecuted s ff dl moneys secured hereby had matured prior to ifs institution. 7. That in the event that at the beginning of or u any time pending any wit upon thb Mortgage, or fo foreclose ft, or to reform it, or fo enforce payment of any claims hereunder, said MORTGAGEE shall apply to the Court Mving jwisdiction thereof fa tM appointmeM of • Receiver, such Court sMll forthwith appoint a receiver of said mortgaged property all and singular, Includirsg all and singular rise income, profit, isaws and revenws from whatev.r source drrived, each and every of which, it being expressly understood, Is hereby mortgsged a ff specifically Nt forth and dewibed in rise grantirsg and habendum clauses hereof, and such Receiver shall have all the broad and affediw fursaiom and power In anywiN entrwted by • Court to a Reufwr, and such appointment shall be made by such Court as an admitted equity and a matter of absdWe right fo Nid MORTGAGEE, and without reference to tM adequscy or inadequacy of the value of the property mortgaged or to Ilse soivertcy a insolvency of Nld MORTGAGOR a tM defendant, and that such rents, profits, income, sous and• revenws shall be applied by such Receiver according to tM Hers or equky of Nfd MORTGAGEE and the predka of such Court. 8. To duly, promptly and fully perform, discharge, a:acute, effect, complete, comply with and abide by each end awry tlse stipulations, agreement, conditions and covenants in said promissory note and this mortgage aN forth. 9. That in the event the ownership of the mortgaged premiss, M arsy. pan thereof, becomes vested in • person other than tM MORTk i~l,,tFi ; MORTGAGEE, its successors end assigns, may, without notice to Ilse MORTGAOR, deal with reach successor a suttees In interst with Nfe?jnc!' fs.lTie,' mortgage and the debt hereby secured in the same manna es with Mortgagor without N any way vitlNing O- discMrgirg tM Mortga~afs'•habilltp here •". under or upon the debt hereby secured. No sale of iM premiss herby mortgaged and rso forbearenu on the part of tM MORTGAGaR~ b a assigns and no extension of the time for the payment of the debt httnby secwed given by the MORTGAGEE or its successan'or ae>liprtF, ~t~tf~ to release, discharge, modify change or effect tM original liability of the MORTGAGOR herein, eltlser in whole or N part. ~ . ~~% -;, -- `' ~ ~"~; 10. It is specifically agreed that time is of the essence of this corerad and that no waiver of any obligation Isaeursder or Is~ t'he ~• cured hereby shall et any time thereafter be held`to ba a waiver of the terror hereof or of tree iratrurrsant secured herby. ~.: ' .~• . ' .~•• t. , ~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand arsd seal the der and year first aforsaid. ~ •• C recd, Sealed and deliver in the presence of: H~tiRIS NSTRiJr`I'ION CCR.P;~AT~~i~ by t ~ ,. /~ ~~ attest e r STATE OF FLORIDA COUNTY OF SAII~TI' LUCIE , 1 HEREBY CERTIFY, Tlwt on tht, __ ay o{ _ ~~ -~-~--~-'1 ~-y , A. D. (9~, before tree personally appeared tail l i am td Harris and ~'rarkl ~ n uarri s respectively President and -- Secretary °f ''ARRTS CONSTRtTCTTON CORPORATTON Florida a oorporntion, to rrte known to be the persoru de.crt6ed in and wive executed fire foregoing irutrwnertt, and severally acknowledged lice exe- cution thereof to be t-tetr (tee act and deed as such officers for t{ce wee and purposes tkerein mentioned; and that they affixed thereto the of f trial real of said corporation, and the said inatrEUnent b lice act and deed o~ .asltd t~orpar+aiifon. VVTTNESS my leand and o f f icinl seal of Fort Pierce county artf ~tctte,~ . ' . <- _ .. ,.. Notary P lie, fn and f State and Loan of arerJt~r ~ .. My Commission Expires: •. ~` •'• ,, NotsryI-~Iic, S;sfs'61 Rof1~R tit Gp~l >: a.r.. ,..rra.nur ..rrr. _ ARr Comeussidit •Eli~ires Dec. 4, 1961 sealed a~ Asswbf for l Gs.aeY Ca. •,S •I.i lJ l ~I n?.~ f,V _- _ ,~~, ~' ~ `a~-~' ~.~~~. FILED AND RECORDED ... .. - • I . .::~ - .... - : ~ . ~"~. ~ ROGER "OSTR',~. ~!~`'' `1" ~ v • ~32~?: ._r :. _~_;__.