HomeMy WebLinkAbout0962 3. Te p':+ce end co ~r:nca_s ~ Ae~a c~ L_~ :i - ~s -..,,v or t~'r~eafier ~ r~~!e s~'~ !ar.d ;;i ,~i a.: q . :at ar1 persona' i coveied b~ tt;is m~rrg.
age, whh S 'h•:.~'on t,:i :n f.. , I, i, .i n t~~~: u5v.;( 5'.~i ;~i•:( p_~ C/ fonn, in d 5: n, ~ ~ ~~.<<. b~ 1~~~• . JR' v~~ ,-1 t
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insu:an:e in th~ ~y~sl sr~nd~~d po' cy fo~:n. in a s~'n a, pr,:•:rd l,; th~~ MOR(C.~GEE. in wch co:,~..tin, cr -c pan,cs .is ~nr` .`.1;J~'IG:+GEE rna~
dilech and 3il fire ar..~ ~d.,r.tls!c,..,n ini.~.'ac~e E;~o'.~C:•.'S o~i of seitJ C~.~~Jd,r~s, any int@re>! fh~~rein f~~d~t !F~arr'.+f, in th£ dg~:?''-ya•_• s:;rn dtOr~sa~t~ or
in extest fhrreOf, sheil :ontain th.c• uav:~~ s!.+~'~d..rJ n~;cr~~=.~r~ c~.,~_sa o! >vih olhar c!3~~Se at the PAo~t:~a:~~•r m..;y re:~!re, m.;i~ing li~,\ ;:~ss ~ndar sa~~.ti po':i•
ciei: each and every. Pa~.~b e to sa'.d .'.10RILAGEE .,s ~is i,n~ r,st •..;~r a; pear, snd e.;ch ~nd every s.~ch F~,: sl ~',i i,r ~,o,~,pr'~y .vss ~~~,~~;i a~l de.r._rcd ~o
any he!d by s+~d ~+~OR(;.4GEE 3s f~rthar s::.n;~y ro sa::1 ~_„~r~., ~ d..br. acd. r;ot 't~ss ~han ~en (IOi ~~,s i i ~civ.ar:cr ef ~h~~ expi•,!,on of ca:h po icy, to de.
livar to Said 'AORTGAG[E 3 renawai thertuf, to;~crh~t ~niih a rrR•.t t ror Ih_ pr~•:r:~~!n of wch rene:.:: ;:i •:1 tl,r;i• s~~a l:,s no f.re o ..i ..iit;~~n ir5.:rance
plaCed on dny of Sd:d b~i!ai~~qs, any int:r~it ihcren or p~rt ti~~c~reof, v:+''~.._si in the fCrni ,nd t~~i!h u:e :'cis {~aye:;.'e .;s :+icresa;d; acci,~i~ the ~.c+~f a:~y s_~.n
Oi mo~ey baco~nes payob:r ~ndcr si,ch pc"icy or eo'~c~rs sa,ci N,On?G :vE[ ss~,n have the ep .~n to r~ ..-:i ap~.r t;r~ se•n•. on :ic:~~ it o`. tirc lnJ~bt~.!
ness ser.;~ed hereby cr ro F:enr,,t sald tAORTGAGOR~ to r~c~'~.c a~~d us~~ it or i',•~ ii .:~oi s~:> ~t, n...
ing any eq~:ty, i;en o~ rigt~t ~edcr or by o~rtua of rh;s :ncrrgag~~: a~~d fr~ Ih~ event sa d!.1^~2TG:~GC2~. sti.i'I any rcason fai•i fo krer. the 5ald przmis.'s iu
~ insur~d, er fail to de'ivzr promptly any o4 S,~:d poi~:t:.s ot ~nwtance ~o sa~d ~~,ORTI~AG~E: cr E..c.n~::tly~!„ ~•,~y f~~ly ~ny ,.,;~n tl,.,rct~r or in s•-~y.
respet~ fail ro perform, d,scharge: exccinc. efie_t, ca7~p:et,•, co:c~;!y ..~.i~h and ab~je b~ rl~ s cov,.•~~a ,r, o: ~~n~ c,.~:r h_ieof, s;:d .;,uRiG=,G~E ~n~'r }',a:_~ .
pay for such ins~r,nta or any pa•t thercof w~ihour wai:ing or affacring ~ny opt~on, lien, equ.fy, or r~_ht v~~.:9ar er b~ ~~rr~e,or 1h~s '1•.ertga~_, and fhe
full amo~nl of each and e~ery w.h payn•eN a't~a:i be iin~nediatel: dui and payvble and sha;i baar in!er~st fro:n fF~ date therco•` unhi p~:d ai !he rate of
nine per cent~,m per ai:nu:n ro1~~h~r y~;!i~ s„!i i~~tr~,st sha~~ s.~c~re:~ by the Ilen of Ih;s mo;tga~e,
4. To p'rrmit, ccmmit or su`fer no waste, in,pa:rm~nt or ~+;trr~orat~on of sa~d prop~rty or any 7~r! the~cof.
5. 1~ pay all and sin9u!ar thr cesrs, charges a~'d ere~ei;ses, ~nd~.~d:ng a retsonab'e atrorn~~y's fe~ and ees!; ef abctr„~ts of !It'c, i.^.cured cr E~; ~ a~
any t~~-r by s~~d M110RTGFa~~E. betause er !n the eve,:t oi the fa.'iure cn ti~e part of the said (~±ORTGAG~R to d~ly, F~o;rc:!iy a~•d fv"y Fr%fo::~i, d~schs~ge
exec~h•, effcct, cen,pieee, co „pi f w;th and ah d~ by ec,:h and uve,y rhe s~ipu'at,ons, agree,nenrs, cend r~ens, and cuvenanrs of sa~d pro:,,l,sory note ard ii:~s
mor!~ag~ any or eliher, ar~.d s3d costs, thargcs and expenscs, ~ach aeti evciy, shail be imm.~d~atv;y d~~~ and psysb:c; ~+~h~~~her ur n.f th~~:e !;e r.onc~° da
mand, atte~rpt ro co~iect ar suit pind.•~~; ar,d fha f~;; ~~nount of each anci e:ery wch payn,~-ni sf~:,!I tea: in+:rest f:om fF;e date it~rreof unril p,~id at ri,e
rate o~ . n:: ~_n;~ n~~~ ~ii Sd~i7 <osis, ci~arnes ~^u ix: s~s ..:~:red Or ~;~id. Io^yet} e; ~~~!n s~:h i:verest, sf~all 02 SeCVred by the ilen Of ~h.s
mottgage.
6. ihat (a) in the event eF am~ b,cach of th~s Mort~age or defau't on fhc part ef th~ ;,'pRTG%.GOP„ or ;61 in tF.e ev~nt any of sa'd sums of nroney
herein refe~red !o be r,o~ Erv;np~;y and i~!I~ paid withln th.rty 13G1 ci.~~s ne•,t aitcr the so,c.z sevcra:l~ iec~^,a d~c and paya!:;e. v.I!hout demand or n^t„_.
~ or i~) i~ th~ e.•ent rach a~d ev~~ry ti,e s+ r~.a!;c~u, a3-ee~ne~:tz, ce ~;fo s a-d cavcr,anrs of sa d~.ro ~~.;s~ r,• no~a :,rd !h,s n,o•tyaye a~y or e~the~ a~c not
july, F•o:nptly ,~nd fu'iy pGrf~•r•~ed, ti s 3 y d execu~_~d, eifectea ce r~p;~!ed, ce np!led with and at; ;1:•q 5y, then m e rher or any su:h event the sa d ag
~rega+e s~~n ment~aned ,n sa~d pro-~ s5~r~ n„'e then re;naini^g ~npaid. with ir.tert;t ~CCfUC:~, d'~d n~one~s Sec~r~d here;.y, sha(f bc,crtie dve and aay-
ab e forth,virh, or rh~reaftcr, at fhe en~lo,i o~ s ~;c'. :titOR1GAGEE, as fuily ar.;1 compiem.y os ~f a:i of ~L, s~',d s~n,s oi n:oney ~e;e cngina',!y st~~ulated
to be pad on Such d.:y. anything in s~d ~.ron~.,ss~=:y not? or in th~s P.1o~'gaye tu thc con~rdry not.•.~t~sta^.u~n~: .nd In~re~~;en or ti~~'riaftcr at Ihe opt~oi Cf
sald MORTGAG;E, wrtt,~ut no~~ca o~ de~7~a;;d, s~ir a! law or in equiry, th~,r~~fore or thc~~afte~ beg_r,, n~oy be L>fOS~CU1t'CI as if a:l m~neys sec~red hereby
nad mat~r_d pr~or to ~ts irstitution.
7. That in the event !ha1 at the beyinn'r.g o~ er at any tune pending any s;lt u~ on rf~;s ~"o•tg,;rye, cr forec;es? it, o~ to r~form i+, or eo enforce
paymeni of any c'.~i~n5 hereor.d~r. ;a~d .',ORiG: v:E s-~u: -~{;p`y t,~ the Co~~t ha~~, ~ ~;cl~c';o:~ t!~ ~ ~o! ftr Ih~ ~pp~,,nhnent of a RCO'~:er, Suth CU~rt SF~~aii
Forthwi'h at;co:r~t a rece~ver of s~:d n;ertqag.d preFerty a~l 3rd s;nqviar, inc;~:d ng , a~ :i s n:;o:a• 1' e u~con'.e, p'of~ts, issve> end ~~.ei uas irem wh~?e.,er
se.:~ce de~~Jed, each a^d e~ery of •,~h.ch, It reing express'y vnd~~rsbod, is Fer~by ~s t~~ u as ~f s~ ~~t fic;!;y Set for~h and descnb_d in tFi.~ g~anN;;.3 ar,J
haher.d~m c a.;ses herror, and wch r~etei~..r shn,f na~e all the b•oad a~~d effec?:.e rw.,' c•:s ~r:d c.e:.~~r; ir: amyw:s^ en!r~s~zd by a Court :o a kccci~er, a d
t;,:h ~peoinrn:e,~t sh~ll ~:,e n~ade by svch Co~rt as an ad •iitted eGu~!y aed „.~,ancr cf c.,~~.~r~: r.gr~> to sa;d A'."2TGAGE:, c~~! wi~i,~ut refere:ue to the
ade:av~cy er inadaqvac~ of rhe vai~e cf the proncrty r~o~rp>9~d o~ to ri„ s~,van,ti c~ ;x: ._,,:i oi s~,d 1.1CRiGAG•:R er tt,.~ cie"rc ,d~nis, a:,d ihaf s.:ch
ren!s, Froiits, inieme, issues and revenu~s shaii oe appl~~d by suc5 Rec~~ver ac,ord.~,g'tu the I;en or e,uit~ of sa:d M~~nTGAGsE and tf:~ ~~.ractice of such
Co u r!.
8. To duly, promntiy and fu"y perfe~m, d~sd~.+rge, exer•~r~, eFfeU, compir'e, ccrn~;!~ ti~;rh ar;d at;~de by ea:h and every the st:pu':atlons, agree:nents,
cond~t'ens a^G ccvenanrs ~n sa~d premissxy no;e ar.d ti~IS n,crtga~e sct ferth,
9. That in the e~e~t the ovme~<_h'p of the n:ortg~g~d p;c^~~ses, cr any part th•_recl, [~•,c~~n~es vested in a pc~s~n o!her ;han the ",1~RTGAGOR, the
~
M.ORTVAGEe, its svcce;so•s e:d ~s. ~ns, ay, ~v~~h:.,r nc' c_ to tr:._ ,,:;;TG~.^.~, d,,:i ,_,,:h s,:;•:.;sor or s,:,c,;s~r ;r, ~~terast ,:,en rcterer,;e to ti,is
roo•~yage ard the dcU tc cb~ c:,o,,:ed in tne s, m~,n r as v. r~_!~:?or ,nr,ho~+ i•i a .v,y v;t ~'ic~ cr d,sc ,arg!cg tn~_ ~..•tG gors' lizo:ilf~ harc.
ur:dc; c~ ~pon ihe dect i:_~~~~~ s~.urcu. :'JO s:, c c' ?t c r_ , Is ~s h_r~b; ~„c~~naged arJ r,o ~lorle.+r,.~.o~ on t±~e parr o'r tt,^ :`O.,^T'v.'.'vEE or i>s s~,c~r>sors
or ass~~,ns and no extens;o~, of ~ho rhe : ay~,.~•f ; d,~~? n:.•~.t;y secured a._n by !nc. ;1~:ikTG:•GcE o• ~ri suscesso.s or ass gns, o(,ail opcra~e
lo re~ease, d~schargo, mod~fy cna:~ye er ~ iec` ih•~ or~~ n:,i' i•a:; . t~ o' th~ /;1G~TGAGOK f,~-e~n, either in v,ho:e er in psrt.
t~
10. -it is 5dEl,j~'c~fiy a~ d tlu+ r'•re ~s e~ !h> ss .e ct t~~, : ce~.r.:cr a•~.d that ro wz, er of c_' ~a~ hrrEU.^.der or of the ob:igat~ur, se•
~
ct.~ed harehy sh~.e! timc rr ~ r ~ to b, a.,.~._. cj r~~: tc s h. r! oi of the ~•,srr~ ni s u ed F by
~ /
' ?1,'~~ i~:it'q4~tp tf~e . , 'ti ~.s c` . ~d . a ~ i,~ ;i. ~ , ~ ~
~0.'a3r~es tu ,~a~'~c•~,1o,•9'r„_ r , ~ _ r ~ „ „ . _ci b, ~_f f _ , _ . ~o t t:i,~.7; ~'y: coYe~.~~~s
- - ;2 c.:s~ oi fhc fa o:.
inj: ~
A--AII rcal~c;~oparty, eix z . o• sss:- _ .i , i± t'~ ai;~:c d•: , . _ + . _ ,I cs'
- B_p;.,,r;u..,s o~ firH ~r~~ rds+o~ ~st, ii~ i,~
. q,.ed to b~ cc~. ~ c. ~h_ •o•._•re ts s_., e? t'~. ai:~._ d sc~~k;:~ prc.•,;ses.
~ .C-VEC:'1~~,rS,C~ti t~C!i , ~ _ C7J~ ~ ^5~._ ~ 5. . . n
, _ _ . . . . . , {.t r~ ~a•r~ O~i , '.i~~ . S~_'_~~e:l hrtfp(. :
~ P'o~!~eg'e s;~3~! ~~c r r o' r~• r: n., r ef fr -c i._~ pifa h. .,u ,~~.J s, s s 1iF~ .~pon fg due.and
F'.lab on.L~~•[f~~ c a _ , ~r ~ _ ~ , , ~ :t~r :i ~ ,c _ . - . , t:~~ ~ sr._., ro 'fy ~ nc~~o._q{ ~nrnl~.lr1'Sercn
amc~ ~.'r3Jeh ~'vt~s'~I,~,': k~~ e... ;1 t~,.n ~ _ .•ec° r~ . .:.e .•ert; 't~. ~s.~ irs ~ ~ . .
. . • i - . _ ~:s, a ~d v:t~.~e- cyr3f`bnty inS~.R7t[i_
p~en~i~ms.^ . _ ; . i' . . _
i.`~ l'ri?•iE55 .,~._R_G~ fh.. s~~ ~.~'~c?G,-_",. h~._,..ro sc! i~;s h~.d a~-d s,,. tF.., da/ _rd yca~ !~rst a'~~.<a'd. -
jS~gned, 5 led a.o ve•ed in rhe c~eycn._ of: r~r~. ~r ~;~v' (~~If , ~(~1~
~_~',~'~,r,2~_~ ti~~'{~g~~? 'T$ ~ i
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S7ATE OF FLORIDA CQUNTY QF 5T. LUC!E
I HEREBY CERTiFY, That on this~ day of _ ~ tlny ,r~.p. 19___~?__,
bEfO~e rrt~ 0f50f1a~~ 8 e8f@C~ _ LO'-1? `g '.~~~°T""~y'-n t ~ 8f1C~ ..r_ ~~1c, i, :'~.~ntr`~:'j?rOf:~1
P Y PP - ot.i ; n n
respectiveiy President and Secretary _ of
- FZ=~ ~0,..._)~VT ~r "7' I'i)~'~~~~i- T`~'-, ~ 8~~ dt. ~ A CO~POIBtIOfI, t0 rfl@
kr,o•fi-n to be the persons descri~ed in and ~-vh~ exetuted the foregoing instrument, and severaliy acknowledged the er.e-
cutio~ th~reof to be their free att and deed as such officers for the uses and purposes therein mentioned; and that they
affixeC thereto the .~ffic~ai seai of said corporation,.and the said instrument is the act ~nd deed of said corporation.
. , . . .
1NITNESS my hand and"cfficial sea! at Fort Pierce said couni nd state.
E N D R E C f? R~ E D - ~ r
• ' ;t~ __-~~~t~~~l~ Notar~r Public, in nd for 5tate and Coun!y aforesaid.
~ , ~ ' . /J /~~~--Yf= My Commission Expires:
.~.pC .GL_ i
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Roc~~ ~o~~? E7~~, c~~~K j
ST. LUCi~ COUN~'Y, ~
~ ~ 80~» _ J~o :i
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