HomeMy WebLinkAbout2683~~~K 28 ~~c~552 •
now a httraafter situate on aal~ find and en dl pulpmeM and perrlonally covered by this mortg•
~. To play and mrstinuowly keep on tFN bsstldings yt • sum approved by tM MCRTGAGEE, aril windstorm
age, with all premiums thereon paid iA Full, fire Masxana M tM tasuat aNndard po1kY form. a Campania a tM MORTGAGEE m+Y
inswanu M tiw uwal sNrsdard poky form, In a assrn approved by fFsa MORTGAGEE. M such company r N. vein aftxeaaid a
direct] and all fke and w'rrsdstorm insurann polkiq on any of said bvlWirgs, arty Mtenst therein w part tMreof, in tM apg p
M exna thereof, shall conuin tM wail stardud mongagN datasa or sud- mbar douse a 1M Mortgagor may rpuire, ttsaldrq tM Ives order said pd}
ties. each and every. payable ro said MORTGAGEE as in Interest may appear. and each and awry ssrch policy shall be promptly asignsd and delivered to
eny MW by said MORTGAGEE as further security ro said morlgepa debt, and. rsot less than tan (10) days to advance of tM expkation of each policy, ro de-
liver to aid MORTGAGEE • -Mewal thereof, rogethM with a teglpl for tM premium of such rer-ewal; and tMble~slaforesaid;rand In rise •ventiany sum
placed on any of acid buildings, any interest therein a part thereof, unless In tM form and witA tM loss pay _
of monty becomes D+Yable unde- such policy a policies aid MORTGAGEE sMll Mw tM I~setie~o tf nco ihveer ap~srrpw~ wwthhout tl»reby uwa vlfng~ ~b~
neu secwed hereby a ro Permit said MORTGAGORS ro reahre and use N a any pert
Irsg any pvity, IiM or right under a by vlrhte of thb rnortgpat and In d+a evert aW MORTGAGORS sMll fa any sawn fail ro keep tM aid premises so
Inswed, a fell ro delhra pomptly any of said polkies of Insurance ro aid MORTGAGEE, a fail promptly to P+Y fully any premium therefor or In any
aspect fell ro perform, discharge, execute, effect, tompbN, cempN with and abide by this covenant, a any pan Mreof, said MORTGAGEE may plan and
pay fa such insurance a eny part 1Mreof without wahrktg or affecting any option, Iles, puny, or right under or by vl-tw of this Mortgage, and tM
full amount of each and every eructs payment shall M ImnedNNly dw and payable aril shall beu Interest from tM date tMreof until paid at 1M reN of
nine pu centwn per annum and topetMr with such interest shall be secured by tM Ilea of fhb matpage. .
krtsent or dete-toratlon of eaid property a any Part tMreof.
t" To permit. commit a suffer ra ware, lmpa
S. To pay all and singular tM cosh, charges and expenses, Including a nasoneble attorney ~ fee and mats of abstracts of title, Incurred or Paid at
any time by said MORTGAGEE, because or M the event of tM faih-re on tlse pen of tM said MORTGAGOR ro duly, promptly end fully perform, dittlsarga-
execu». effect, complete. comply with and abide by each and awry tM stipulatsorq, egreemenri, conditions, and wwnann of aid promissory note and fhb
mortgage any or either, and said costs. dsuges and expenses. aacA and every. sMll be wit shall bears nt~-estfrom tMt date thereof untilepaid~it the
nand, attempt to collect or suit pendirq; end tM full amount of each and awry ouch MdYmen thN with such interest, dsall be secwed by tM Ilan of this
ra-e of nine per centum per annum; and all said man. charges and expenass irtewred or W rage
mortgage.
6. That (a) in the event of any beach of this Mortgage a defwh on tM Part of tM MORTGAGOR. a (b) in tM ewn~ Yrio~M ~5~~ « ~k:
herein referred to be not promptly and fully paid within thirty (SO) days next after the same severally bee soh and thPsymongage any or eithe- an nos
or (d in the event each .and every the stipulations, agreements, conditions and covenants of said promissory
iuly, promptly and fully performed, dixhargcd, executed, effected, compbted, complied with and abided by, then in either a any such event tM said erg
gregate vein men•ioned in said promissory note then remaining unpaid, with Interest acausd, and dl moneys secured hereby, shall become dw and pay
able forthwith, or thereafter, at tM optron of said MORTGAGEE, as fully aril completely as if all of IM said wins of morsey deaf er~aialF~ie aap~to~ of
saidM ORTGAGEE,hwishovtnnot;ce or demand. wi~tnlatw ors ntegvi~tisereftore or thereafte b gi ~f~~be a ~t~ all moneys secured hereby
had matured prior to its institution.
7. That in the event that at the beginning of or at any time pending any soil upon this Mortgage, or to foreclose it, or to reform it, o- to Mforu
payment of any claims hereunder, said MORTGAGEE shall apply to the Court Mving iwisdiction thereof for the appointment of a Receiver, such Court shall
forthwith appoint a receiver of said mortgaged property all and singular, including all and singular the income, Profits, issues and revenues from whatever
source derived, each and every of which, it being expressly understood, is hereby mortgaged as if specifically set forth and d:scribed in tM granting and
habendum clauses Mreof, and such Receiver shall have all the broad and effective functwns and powen in anywise Mtrusted by a Court to a Receiver, and
such appointment shall be made by such Court a fr• ~t„ed~ « 0 1~asohrency°oramsollvency of said OR~iGAGOREor the defendantsefand sluice h
adequacy or inadequacy of the valve of the pope ty g 9 aclice of such
reins, profits, income, issues artd~ revenues shall be applied by such Receives according to 1M Iten •x puny of said MORTGAGEE and the pr
Coon. regiments,
with and abide by each and every the stipulations, erg
ft. To duly, promptly and fully perform, discharge, execute, effect, oompl.N, comply
conditions and covenants in said promissory note and this mortgage set forth.
9. That in the event the ownership of the mortgaged premises, or any part thereof, bsmrtoea vested in a person other than tM MORTGAGOR, the
MORTGAGEE, its successors and assg~s, may, without notice to the MaRTGAOR, deal with such successor or strcces 9 ^9 intuest 9th fsfe' ;brie to~htr
mortgage and the debt hereby secured in the same manner as with Mortgagor withou.rd no forbearance ton the dpsn of r the tMORTGAG~ or its successors
under or upon the debt hereby secured. No sale of the premises hereby mortgaged wen the MORTGAGEE or its succesaors'or aulfj(1t1;14ty;~ate
or assgrss and no extension of the time for the payment of tM debt hereby secured 9 by rr
to release, discharge, modify change o- affect tM original liability of rise MORTGAGOR herein, either in whole or in put. \\\\~\~ ~~~ rrrr,
Y rg ~,,,,~}:•~i{ri0w see ,'.
10. It is specifically agreed that time is of the essence of thin contrail and that no waiver of an obi' anon het ^` _ • ~
cured hereby shall at any tune thereafter be held to be a waiver of the terms hereof or of tM instrument secured herby. ` .' " Via' 0 9 G ~ • a•
.• • :.
IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hard and seal t~dyr YR~If. ~~O•' mCe:
Se led a iwred in tM prtsenu of: a li V - ' ~. s, j"` ~• • • ! , i
by ,
~ re ~ _ :
attest ` '•-
- ~Secre g,~,y .
STATE OF FLORIDA COUNTY OF SAIlYT LUCIE ''-~,,;r~~;.~,.:..°. .
Y CERTtF•Y, That on tht. 30 ~~ sap of --~A A.~ u.4 R y A. D. ~ 19~
1 HEREB
before tree Persortallp oPP and
re'~ib"lp R'~tt ~ Florida
p ~ tJ CON3TRIICTI01~ CO. Ina. a
atxporation, to tree
described to and who executed the f oregotrtg • a"d seD"~p °~iOg7~°L{ the exe-
known to be the persons thet,ttn ~j; ~ that they
cation thereof to iee their f rw ad and deed w nkh o~jtoers fa the uses and Pu*P~ei
of f txed thereto else of f idol seal of said wrponstton. a~ the said tnstnurtent is th. ad and deed of said oo*Po~°TM
and o f f tdal seal at Fort Pta+oe ~` o ~ s O ~ ~ ~~ht and stab.
WTfiVESS mx.ht}!!d
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1365
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~ ~: 26
. t .. . , • ~-r-. k 1961 JAN 30
~~~..:- , s ; ~~,,,:?~ - ROGER P01?RAS.
~•:~•,.r~,.r,r~•r• ,~. IUCtE COUNtY.:flOR10A
.~s~ C'
Public. to arid f or~ Stab and Cour~h af-
Inrttiulort Lax;-inss =
Notary Public, Sfate of FloAda at Lar(;e
My Commission Expires April 24, 19G5
Bonded by tir.~cri::.:t Surely CO. of N. V.
a P,,~.c