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HomeMy WebLinkAbout2002 3. Tu p'ac~ .~d ci;;u ~..:~.,s':, a~, c. ~ , ~ ru by tF:s moitg egC, w~th a;l p~en~ uns thereon Fa d:n f~li, f_: s. n i ~ F ! r .,,.;v ~ E, ard w~ndstorm tE, i, s„ h c- • r c Y infvrance in thc uwa! st,ind~~d po' ~y Eor~n, in a s. . a~ ,~~.~..1 t•; tF 1~ Rr~ ~ c ._s i „1~RTGAGEE ma direU; ano all (ire and w~ndstu:m ins~~rance F.o'~ . s ~ ~ ~r of s.1 c,.,~ a~ ys, ar;y ~rr~••~s+ t4. rr~ ~ , t~~ ~r tr •:+c~:~ ~:,~c sum aforesaid or in exce~~ ther.,f, shall cent~in ihe uswi st~.•cia-d rno ~.s-. s.,:n o~h: c:~se as th~ P..~-i~ey_. a, r~•, n ak~ny i~ _.ess ~nder sa~d poi+- c;es, each anc~ .:very. Payab'e ro sa~d h1JRiGAGLE ,~s !,s ~~~.i~.r::st appc•ar, .,~~d •..~ct, ..~.d ry s.:!~ si ~,,o•,~E,t:, ass g~ed a~ d ~iel~vered to 11ny held by said MORTGAGEE as fur~h~'r securily to s~~:.~ c urrge~e u_i~~, a~•~i, n~t ;ss th,~n t~~n ;IU, :.~.~,5'i .;:<i..;r:•~ of tf~:• rzp:rat:on of ea:h polic~, ro dc'• live+ 1o said MOr~TGAGEE a renewRl thzreof, te>,7ether ~~:~I~ a rece~;;f for ~h:~ p~an:u~n oi such ~c•~:c•.•._ ct ~i.•_ si~a I l~• r.e f ic oi ~v~~~ditv~m insuranc~ plaeed on any o1 Said b~ildings, any imrrest there~n ar pa+t rhareof, vn!csi ~n the fon:; a~•.<i •n;~~Fl fliP r~55 ~~:~;~i~',c as ~!o•esa~d; z.^d in the e<'ent any sum of money bvcomes pay~bte vnd~r s:,ch poiicy or poi,c~es s.~ d.tiS~ikTG=.i,FE s~,.~ii h~.-_ ~h~~ c~ ~,on ro•. c.; ;,'y fl~~_ s,,,,e on .,ccov ~t of the indebr~•d- nes~ secured hereby or to permlr ss~d MORTGAGORS io r c.,. a~~,d „sr r or _ ;:rr i c• .h .~::.~:3 ing any equlty, Gen or ~iaht under or by virwr ot ~h~s n c..~s~~, a,~d in u,e cvut~ sa d:': tT,_ G~; sh;~ a.~~y rr,,son fai: ro kcep ihe sa~d pre~n!ses so i~s~red, oi fai~ to deliver pro~nptly any of s.~~d pol~c cs of i~;wan<<- to s,e~ MOr'iG:+C cr ~ y'u ~~y fu.:~ ~ry tiierafur or io a•~y respect fail tc perform, d~scharge, executa. efle;t, comN eta, co ~~p'y ~•:iih a:.i~ ~b~ae F:y t~~ s covc e: sny i~a:t i~:reoi, s.~ d!.~.:RT~~aG[E may place o~d pay fer such insur~nce or any aart the~eof w~+ho~t wa~~ing or atfe:ting any ort~on, li=n, ey:nty, or n;!~t v~:d,~r or h~ virtue oi +h:s Mor!gaqe, and thc f~ll amo~nt of each and every xuch E~aym~M shall 6e ~m:n~~dlatei~ due a~:d peyaE,!e a:~d s!~ail bear in?rr:~st fro~n tha date rh~~reot ur~til F>~id at the rate of nine per centum per annum and to~afh~v ~~~~rh s~~ch in?arest shaii s:•cured by iha ~~en of th~3 mU~t~joge. -0. To permit, eOmmit or suffer no 4rast~~, im.~ ~~rment cr drteriorr,Nc.n oi s~~d preperty or ~ny part ihcreof. 5. To pay all and singu!ar the coets, chrges ond : xna~~s_•s, inc:~~d;•~g i rr;seasL+'c ai~eme~•'s f~e and ccs!s e( absrracts of ti! e, ~n~urred or ~>aid a' any tir.~,e by se~d MOR?GAGfE, betause or in the rven! o~ +t~a ~.j:iurr en tiie ca;t of che sa!d ~410RT~^>AGOR to ci~iy, prorptl;, ar.d fu;l~+ p~rform, d:scharge exetuta, effect, [ompleae, comply w:th and ab d~• 6p eac~~ and evr!y the st~~ o-~s, agrr~~~c:'^rs, cor.u~t~ov;s, ar.d coveran's oi sa~d p•o:r.issory r,ute ~•~,ci tii~5 m~rfgage any or e~~her, and sa;d costs, char3es a~~d exp~nses, each and ~~+~ry, <_~,ail be ir n•,:d~ate!y d~e :~r.d ~~aya:,'~~; v.h~,ther or not rhare be ro+~o~ de mand, attempt to coiie<t or s~it pend.ng; ano tha f~~i; ;~nount oi each a:~d c~e~ i_ch F'.:,:~._nt sha'i be~~ ~nr_vest fru-n th~• da!e th•~reoS untit paid at the rate of nine per centum par an;:u~r cnc ~:I se:d ccs+s. c...~;ges a~d r.~ ~~.s, s n,~ ;;:ci c~ pa~d, ie;~ctl,er tF~ wcii in!er~~;~, sha{i Le setured by ihe lien of this morlgage. 6. Tha~ ;a) in th_ event uf any breach of r~JS ~ti5ort;age or d^`~u:t on tl,~ p.~rt ef ihe 1;'.OFTGAf.•JR, or ;k~) i,~ ~he event any of sa'd sums of money herein referred to be r.ot prcmptiy and fu~ly paid v.~'i'.~~; th rty ;,3,i, d~.s re~' a•!•:' ihe s3 ~'~e _~.vcr:~.iy ceco^'•r due and payab!e, with~o~t de:nand o~ noticc, or (C) in the avent each and every t~e stipuiatlu:~~s, a~rea~ner.ts, <c~~d~r~o- s..-.d c~.rr;ar:ts o' s~ d Fre n:sscry ro!e a~~d t}i.s i~~artc~age ar.y or e~ther are not ~uly, premr~ly ard fully aerformed, d schar~ed: ea:cuted, effected, cornp:et~,d, con~Y!:ec1 :v~;h and at; d<•d `~y, then in e;~her or any wch event the sa~d ag ~re9ate sum mentioned in sa+d prom~ssory nc•e th:n ren,ainin~ un::aid, with ir,!ere;t o.uu_u, a~~d o~i mon~ys sccured hereby, shail become dve ar.d pay- able forthwith, ar therea`rer, at the op~ion et s.+~d ~.10zTGAVEE, as ful!y ar.d :arpie~ciy ~s if ~:i uf i'~;: s.~:d s~~:rs cf money v:cre or~gina!ly st:pu;ated ro be pa:d on suth dcy, anything in s.3d ,r,:cn~sso~~ nct~~ er in :ii~s ~:~orrgag- te, :he co:,vai~ not:.~rt:;ra:d:~q; c~-.ci thar~~upon or ih~reafter at the opt~on cf said MOR?GAGEE~ K'i1F1VJ1 notice or dernar,d, sv~t at iar: rr in cac~rr, thcreicre e~ ~I;er_-arr~r c_~::::, r.a~ be c;ros_cuted as +f all ~^vneys aetured herebf nad marured pnor to rta inst~rurion. 7. That in the ~vent tfiat at the beg~nr~;ng of or at any t~:• a:_rd~,~g ~n~ ! co t~,:z !."o-r~:~ae, r.± ro jerruose it. or so reform it, or to enforce paymeM of a~y claims here~nder, said PlORTG:.GEE s~~a'i ; p!y to th, Ce::r; ha:~• ~~c ~s.~ s.c ',or o~ntn:ent uf a Rccciver, s~th Co~rs shail forthwith appoint a rece(ver of said mcrtc~eg.d Froperty a!lyand tin~vidr, i^C'vd»a o~~d sf~~-:, ar _ i:~,ccn•,e, c'of~~s, iss~es ard reve:wcs from whatever 3ource derived, each ~nd ever~ of wh rh. it b:.,ng exc;r.•ss'y un~.~sroc<i. ~s Fer-; ;~n~c: r,; ;_;•:d as ~'•,sc ~c.j~..~!:~ set ;o~th and ciestn'v~•d in fhe graming a~~d habendum clauses he:eof, ~r.d such Receivef sha~~ have a:i th: ir._~d o,.d ef~ecs:.~~ fuc_.., ....d p;~..~.s in anyv::se en;;us~~d by a Cou•t to a Receiver, ard tuch appa~nrment sh3ii b~~ m~de by s~ch Court as an ad ~~:itt~u r. ;oi;~ and a r~,a!rer or a.,rcur_ r;;,~~i to sold h'.O=TG~•vcE, and .tii~hout ~eierence to th: edequa.y or inadeq~acy of the value of the pro~~crty mor~,:~:-d cr tu the so.a:n:y er ;n;c,~_-nc; cf s~d .':,OQiGAGO~t er the de`c•~dar.ts, ar.d +hat such rents, profits, income, issurs and re:enues shs:l oe ap~;l:ed b; sucn Rec_.~~ r.~_,.;rci.~,y ~o tha i~en or e:;~„~ cf s.~:d MOnTG:~GEc ~nd the pract~:e of s~ch Covrt. 8. To du'Y, prompr:y and fv,iy perforr;, d~scharge, execu'.~, ei'e.r. cc ~.pi~~:. c.:~ .::~ii arri .,k.:de ny ea-h and evary the s!~~,ulations, a3reements. Condifiors and covenants in sa:d promisse~y no'e aed ;'r.s .~.orr.:~_e 5_t 1o'tn. 9. That in the evem the ewnership of rh.. n.c~r ~a;oc~ p.. ^:ses, c- a,;: s>a.t •i._:.:o`, c^o: n.-s ves+ed a pe•sen other tnan the tr10RTG.4GO~i, the MORTGiaGEE, i!s suceessers and sss ~•~s, F•.~.~ c~ r.~e d•.a. n_~~ch svc<essor or so:cesso~ ~n inrrr~st v,ri~ re'erence to th~s mortgage ar.d the debt hereby se:ured in tnc .+:3'1• ~7• JS N:~'!1 i;1~jJ' 'r: ^V1 ~n onr ~~e;~ vi! <;t;•;y cr d scharo n~ th., 1.1Crsg~yois' liaoliity here- und~r or upon the debt hc•eby ser •cd. ~+o o= s,s h,~r. i~~ .,urty~g~ d ~ r! r~o fo ara-c•_ o~ ~he part of ~he ~.10R1;,r,GE~ Or its s~ccessors er ass~gns and no extens~on of rhe r:~ e fcr tf,a F aym,~ t 1c~ ci,.L! ;,rrc::y sce_rc:l g!:-~:n by tiie ;:.J"r.TGF.G._ or its s_:cessors cr ass gr,s, ~I,ail oper~~e to re~ease, d~scharc~e, modify change er zffect the cr~g:r.,.. i;.~:: o~ 'iu ~LGRiGfiG02 here:n, either in v.ho:e ar in part. i0. It is spec fica•.iy acreed that ti,~e is of !6e ti, ; cc•..._,~ a~~.d ttrat no •r~aiver pf an; oF.°g,,r on hereur.der er of tF.e obligation se- c~red hereby sha!I ar any lin._ rh.,reatter b~ h:.d tc c~ a v`,.~.~. c~ te•~. _ hc._~. cr of th~• ~~str_. ._.•:t se:•. ,d h~ri,y. ll. in e:ic+tir.~ ro th~ fo~c~e ~_.~r.; _,tz ~f . •i r. _..d i:r. tl: ~ ro ,i i::~:b;, ~ne:tge~or eovenants sn~ agrces to pay to r:ort~~.,_e .ti;~h :ac- c ~ n`y _ . . - , s , . , . . _ - r ro i v? ..al ,.es~ oi tne foiioa:- ing: A-A!i reaf propcr!y tax::s _ss:s-~_;i .~s~ d~_.-~-~..~ c,sf~•.:. B- P~_~rc~u•r.s on fire and .:k~c'.s , .^s_~~-ce ~ , ~ r. . c. _ , c^ _ . ~ , ~ _ ~ , t.,. J :,cd premises. C-Prernivr.-s on su<h rnort~ ,g.. o~~a~~- r~ Irs~~•-- : . . s:,3!. f:+ to carr; , sccurcJ here by. N,ortgagee shai'. ,'rom n.r.e ~^:e no~if; rrcrt.; ~~r .n r•. r~ ej t~ e,_ o, .n c ~ U j7,1y'Jh'C t.B•,,J^:: • ard s. ch sv sh,:it tFa~eupon be due anc: cayab!e on ~ne d~e da!.. oi ih~ i~,.~ n,cmr , r.i'*'. ~r ~_f .r~_,~_~ee s~ . ~~.i~ ~•:o•e,a~sr cf d Ch3n~C in such ~n~:ouni. S~~th sums s~ai~ ~ .xi ~.y nr_r,g:-~ _ tc:. r;i _.t c,~ r~ }-x~_s ir; r._ v„ : n-.~rtgag~, gu~ra~ity insurance oremi~ms. IN ~VITPi[55 YJHcRcOF, the sa~d ;~,ORTG:~GO~ f,~s F.-r;r. h.:~d ..-.d s•~,~ rF^ a~~d year a+o~~sa~d. ~ igned, led and 'vered in the pres~r,ce os~ ~ ~ ' (Seal) ~ ' ~ - - / C~r v~t.~ _~`~^lSeal) ~'~Ll.t~- ~'7'~ L~ _s.-ft[i - (5eal) - - ' - -iSeal) STATE Qi FLpRIDA ~ r ? SS. COU'JiY OF - ------._~~L~+L1C~8~- ~ Before n:e persor.aily appee~ed Fran~sl_~n A. Harris EII1C~ V~l.e~ri~ V. ~QI' S ,~1~5 wife_,,_ and ~g t?1 _~BQ._•`]'1.IItlllfj2?~. ~l$O ~QW21 8A P88I'1~ MS!@ -~7~n~s~r, r~o me w~~irkngwn and known to me to be the ind~vidua!r described ir. and who axec~?ad the feregoing instrument, and acknowiedg=d befo:e m.? that they exyper~ted the s~me for the purposes Iherein expressed. Ane}4h~seirJ__~-St1sL9___a~~Y_~1Q~~_V~_ Harrisj_ WiPe_ oi` rI'~Z~{1~1"1 A. Harris, nifevh fhe soid = upon a saparate and private ezamtnatlon by me taken separate and aprrt frern her sa~ri husba~.d, atknor,:ed?ed to and before rne thar she `xer.u;ed sald instrument free'y and volurn ~arily ar.d w:tF.out any ccmpu'sior., ce.^.strair.t, ar.:;reh~ns:c~, o: fear o{ or iro-n rer said h~sbar,d. WITNESS my hand and cffical seai !h~s_ a.~~_~__. _ de; of___ ~__-.-.----4~~~~----_- A. Q. 19~ - - -i]~_-~ No!ary 11c E;~ a~d for the State qf florida at large M.y Co rn~ssion expires: .:.~~"''"'.To=- Notary Public, State pf l~oride at L`a~rg2 firt;f~diecal Savin s& laap kssoc:at,~r ~,L tvly CCmm~Sfi'on cx 'res AU 6 1967 ~ ~ ~'~j A~~N,~~ ~jEGORDE~ I N_. ~~L,J.s e~_..L~ ~r B Q Q ~'f Bond~d By AmtricarP~Suret~ Co. of N. Y. Fort Pierce, F~oridr - - • y . ~ i - : ~ ~ - - :65 JUN ZN P~+I 3 : 51 ~ : ~r~~:;•. ' . • ~ ~ w• - . • , - . ' , ~ , r ~ ' . ' -~_R1~~wJV` - ~ _ ~ , • . ROrER POlTnAS. CI.ERK ~ .j=,.< ST. LUCIE COUNTY, ~ ~ ~LOR~Da ~ . `•,~ii ' . . . ~ ~ ~ / ~ ~ . ~ ;