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3. To p!ace and conlinvoU1ly keep on 1h. buiki'ing, .IOW Of hereafter ';hJate on '!lId land .snd on e!1 tquipment 5nd perlonally covertd by Ihis ,"lO"g-
age, wit" all pre-miun11 tht-reon p.sid in full, 'ire inl{'U"lCO it' rho ulv.1 IUooard policy form, in ... ,urn appro....ed b)' the }.\O~IGAG[f, ~nd ....o'l:~JHO~ll'
insurance in the Ulv,,1 ,Ilnd".-d policy form, in I .um .ppro....ed by the MORTGAGEE, in such compan)' or COII'\p.niel 61 '\.\.a MORJG.A.,;U: 11).)'7
dIrect; and all fire and wind,torm insurance polic;el on any of laid build,ilQI, any interet' therein cr part .hereof, in the aggregate IVI'1 "forcslid or
ii' t'Jl.Ceu thereof, .hall contain the u.u~1 standard mortgagee clevIe ot luch other clause bot the Moltgage~ rn"y req....ire, ,TIJking the Iou uLder la.d poli.
cies, each And e,,~r)'. r-ayab!e to uid 1.o\'JRTGAGtE 41 its intere.t rt":ay i 9peu, and e5ch and eVl:ry su(.h pollCI .hbll b~ promplly an gned tlnd deli'o'~rL.J la
.ny held by ..;d MORTGAGEE .. further aecurity to uid mortgago <lebt, and, no! Ie.. than ten il0) daya in adv.nce 01 the expiration of e.ch po!;cy, to de'
lIver to .~id MORTGAGEE a r~newal rhereof, together wi~h a receipt for .he pre:nium of luch rentwal; l!nd ,"'ere Ihall be no fIre or ....inc.htorm inJ.ur.jnCt;
pl,:,ced vn any of laid bl.1ildings. any interelt therein or part thereof. unleu in the f('lrm and wilh the loss pay~b!e al aforesiid; and in the e"ent an'" su'n
of monel b.:-comes payo.J!e ul1dn luch polICY or policil:1 I,,:d MORTGAGEE ,hall have the o~ion to recci....e l!nd apply the 'emf" un account af the inut...l:r....;j
nen 1t'<'Jred hereby o. to permit si!id MORTGAGORS to receiv" .nd ule it 01 any pMt thc'r..-of tor olh~r ~lurJ..>OH'S, wi1hout th._'rt:'h, .....ll.:tl>j \..,r 1~".J.'l'
ing any t''luit~., ren 0:" right und~r or by ....irt\Je of this mortg!y~; end in the .vellt laid ^\ORTGAGOR5 shall for allY reason hil to keep th~ laid prem;sl'l so
iraur,.d, or f-"lil to deliver promptly any of laid politics of iosuranCe1 to said MORTGAGEE, or fail prcrnptl)" to pay fully any premiun'" therefor or in arl f
rt-speCI hi: to p.~rform, dischlHge. execute, effe-ct, 'complete. comply with and abide by thit covenant, or any pMI hereof, I~id MORrCAGl:E n1J'f piac" ~ :0
pay for luch insurAnce cr any pari thereof without waiving o( affecti;:g any option. lif'n, equity. :>r r;ght under or by \ irtue of 'hIS Mortgdge. br,d Ihe
full an:OL'1l1 af el5ch and e'very such p3ym~nt shall be imm~dl!ltel't due and payable .tncl shall be.1r interest from the d.!lte thereof until rd1d at tht rMe of
nine pd cen,v p~r ar,num and togclhN with such inlerest shjll be Il!'cured by the lien of ihis mort(.age.
.t. To pe!'mit, commit cr suffer no waste, impairment or det1?rioration of said property or ar.y part !hereof.
5. To pay all and singul5r the costs, charges ''1d expenses, including a reasonable attorney's fee and costs of !bstracts of titll'. incurred or raid jf
any limo by aoid MORTGAGEE, becou,e or in the event 01 the failure on Ihe p.rl 01 the aoid MORTGAGOR fo duly, pronlJ.>fly end lully perfo,m, d,,,hJrgo
execute. effect, comptete, comply wllh and abide by each and e"~ry the stipulations. agreef!lcnts. cor.dilions, and covenantl of saId pro!ninory Ilote alid Ih,~
rT\ortgtlge any or either, and said CO!ts. charges and txpen.es, each and evelY. shall be immediately due and l")!yable; whE.ther or not thue :,e notiCe U;':-
0l3nd, attempt '0 collect ()r suit pend:ng; _ and the full amOl1r:t of each and every svch paym~t shall ~ar int .!rell from the chte thereof until p~id al the
rdll' of nU1C per Cc.ltum r;rN anllu,n; and dll sdid cosh, cha:gcl ~nd expenlel incurred or paid, together With ~uch interest. sh!!1 be sccureo 0" the lien of th..
mort~age.
6, Th., (a) in rhe evenl 01 any bre.ch u! this Mon9.lle or delault on Ih. porI 01 the MORTGAGOR, or (b) in the event any 01 s.,d aums of money
hereil" referred to be not promptly and fully paid within thIrty (30) days next after the s-"lme severally become due and payable, without dL'ln3f'd or n::.:.rl:t.-,
or (c) in t~e event eJch and every the st;:,,",-'13t;on.. agree.-nen1t, conditions and covenants of said promiuory note and th'l mortgagt! any or eilher 4re not
iuly, promptly Cli)d fully performed. discharged. executed. effected, completed, corr.plied -Nifh and abided '-:ly, t~en in either or ani such event the .ald 3~r
grcgate Ivm menfionen in said prominolY note then remaining unplid. with interest accrued. and all moneyl secur.d hereby, .hall become due and p~y.
abl. lortnwilh, or thereoft.r, at .he oplion of ..id MORTGAGEE, "I lully and complelely..... if all 01 Ih" aoid sums of mcney were 0"9;n.lly I',pu:d"d
to be J=i\id on !uch day, anything ~n la.d promincry note or in this ^\ortgagl' to the conrrary notwithstanding; and thereupon or tl'-ereafrer at Ihe Opl:O;1 of
"id MORTGAGEE, w;,houl notice or demond, suil al law or in equily, th..efore or the,eafter begun, m.y be proaecvted II if all rT,cc.eys a.cured herebl
had mat.;ped prior to ,ts institution.
. 7. That in the ('vent that at the beginning of e-:" at any time pending any S'Jit t'pon t.,is Mortgage. or to forcclose it, or to reform it. or to enforce
payn'Cllt of any cl.Jims hereundcr, s.l;d ,,,^ORTGAG~E shllill \lpp!y to the Court having juri\d.iction Ihereof for -the appointment of a ReCeiver, such (aurt shdll
forlhN;th appoint a recei...'er of said mortgaged property all and Ilngular, irclud,ng all and singular the income. profit" iuues and revenues frorn whr!'JtevL'r
source dN;"ed, each and ever). of which, it being eXDreuly understoon. il hereb'p' mortgaged al if 'pecificd~ly set fOrlh and descrioL'd in Ihe granling and
k~b('ndum clauses here-of, .,nd such Receiver shall hl!ve a!1 the broad llind effective funCllons Clnd powers in anywise entrusted by a (curt to a Recei"er, and
'Lch 3pr'oin1mcnt shdll bE' made by such Court as an admitted equity and 8 ma1ler of absolute right to s.aid MORTGAGEE, land without reference to the
a~h'qu.jcy or inadl.'"quac:y of the value of the property mortgaged or to the so:vency or insolvency of iaid ',^ORIGAGOR or the dctendJr.h, df'd that such
rf'nU. profits, income. iUI:es and revenues shdll be app!ied by such Recei\er accordIng to the lien or equity of said MORTGAGEE and the practice of such
Court.
R, To dJly, promptly and fully perform, discharge, exccule, elf.cf, complele, comply wilh and abide by each and every the stipulafions, agreements,
condilions and covenants in said promissory note and this mortgage set fonh.
9. That in the event the ownership of the mortgaged premises, or any pllrt thereof, becomel VEsted in a person other than the MORTGAGOR, the
MORTGAGEE, its successors and assigns, may. without notice to the MORTGAOR. deal wilh such SL>cceuor or successor in intert:1.t with reference to th;s
mortgage and the c.:cbl hereby secured in the same man'ler as with 1.\()rtgagor withoul in any .......ay vitiating or dlsch"rging the '....orlgagors. liability here-
under or upon the dt...bt hereb,. secured. No sale of the premises hereby mortgage"" and no forbearance on the p~rt of the MORTGAGE.E. or its successors
or ass;;;ns ~,1d no exl~ns.ion of t~.~ time for the payment of !h~ debt ill:~reby secured r,iven by th~ MORTGAGEE or ils suc!:eSSQrs or assigns, shall operate
10 rcle.ue, d.scharge, modify change or affect the original liability of the MCRTGAGOR herein, either in whC'le or in pa~r.
10. Ii is specificJlly agreed that time is of the essence of this contract and Ihdi no waiver of any obligation hereunder 0" of the obligation se.
cured here-by shall at anf time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. ""..,"., .
11. III <.HJd,flvn to the- for(:go:ng Illl,nthly payments of princ'pal and ill!t.'rcst r('qlJ:rl.:c...~ by the prom S~C\{'f note ~ecured herep'2 ',rr~C#o.fJr 'f'dv.c.nJnts.
dnd Jgrct..'S to pay to mortgagee wilh each inon:h:.,. payment an c1ddJlional sum CS:"L..:teu 11, fllorl9c.!YCC 10 b~ e4UJl to I 12 of Ih~""~f\\U.!l:.c.o:sA-oi.(^~l1o,.....-
ing: .:',"::.... ...~,.,
'" Ai! rcal f,ropC'ity tdxCS lC"w'.eJ or anessed against the abov~ dc.scribed rcal CItat:,. :~. r,: :J t"!- . c~.
, '-' . ~ ..:J t:'
B. Prt!m:ums on fife and willusto:r'l insurance as hcrt:"lfl reqUIred to be carried 011 the .rnprove'nenls SI!Ui'JfC on th,.! ab~'~e:..~tUl;c~~fr""s~_
C Pr~lTliulT1S on 5ul..h lt~ortgdge guaranty insllr~nce u mortgagee sha!1 from ';me to tn"';~c d,;..::-m fil to carryon the loao ~~c~re~eb'1"':' . _
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l/or'g/jgee In::;ll from time to time notify mortgagor in writ;ng of the amount due Clnd p<.!yable hereunder and such I,J~ 6.baiJ thercvfit(t ~ \(oe- ~nd
rdY<'HJ!c on the due ciJte of tht' n('>:1 mo.,thly payment and each s :ccenive montr- tLercdft..:r urltil rnortg~g(;e shi'lll nOTify mO!1q.~~<5f.of a chJnge.~jr+"ul.:h
d!/:Cvnf. Suet. sums s~d~1 be uppiicd ~)y t11ortg~gee to......'ard the payment of reJI prcj-1crty taxes, ip\urdncc pr~miUn11., or',d m~!f.1i}fC/' 9Ut1,l\-rlt,....ci{f~~.cte
pre1niums. "'~......... ..... .; (; , \ '-
IN VIIHJESS 'NHEREOF, the sclid MORTGAGOR has hereunto set his h~cd IO!nd seal the da~' ar.d reM first afofEs,Jid. /'/,-, .
_.---S),i9nc9;, 'Sealed ~d delivere,.uin th~ presence 01, HARRIS CONSTRUCTION CORPORATION
~-,' /~ L l/;;<.L (- L/ . (Se.l)
~=~-~~i_-.V;:n_~>nL..c.1LL By :111t~
,~~
STATE OF FLORIDA
/ j COUN-;-Y OF ST,
this-./2 _~___day of
LUCIE
FebrUBrv
v
___, A,O, 1963_,
I HEREBY CERTIFY, Th~t on
before me personally ,)ppeared _..1.t'illlaIll
respectively __ PresidE'nt and
.Hurri s
and
F r B n k lin.....A ~_H1ll:-r.i S,___
,_r
II .
Secretary ____ _____
__ _, of
~,
--4 __
F lOI'i~__________ Corporat\an) ,l'\-t:e,
. . "-,, ........... 'p--' '/...
known to be Ihe persons described in and who executed the foregoing instrument, and severally acknov~.dgcd the e';(<:-.,.
cutiof, thereof to be their free act and deed as such officers for the uses and purposes therein mentioned~ a~J ~M hhe/, ':
, -r '- - ' ~
inslrl1ment is th.c a:t and deed d s{JiaV9rpO'rati~ '
, _' " or .:.. 0 tl "
WI,NESS my hand and official seal at Fort Pierce _____________,___, said cGunty and state, <_,'... " .'
,.(. (I '. ,
---')/ '</ ?/ ,( 'ro...':....'
---SL. ./ - .-r' _/ \~ K_ ~_~______ __ .~~~~ ----:_ r ;.~?__~.,'.
Notary Public, in and for State and County afores'aid
My Commi~sion ExpirooPliHY Put;1 :, )',:!~ o~ ,'c~1a ...., l:l~?
My Con"l1 ~~ 011 ~'p.rL' ,'0/, J, 1) J:)
BoN1lld by AmerIcan Surety Co, of N. (.
HARi1IS
cor13TRUCTION
CORPORATlillL, a
affixed thereto the offic:v: seal of said corporatio~, and the said
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