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HomeMy WebLinkAbout0456 - ~ ~ " - . _ _ . - _ To piaa and o~l~wowir kNp en t!~ buildinp~ now a herwihr u1wt~ on uld Iwid ynd en ~11 puip~f Md ifKwnaily oo~wnd bY N+M maR vrNh ~!1 p~wnivna ~Mtion p~id in h.14 fin M~wu~c~ in ~M uswl <t~rd polky fan~. fn • w~ ~pp?or+d bY tM MORT~iI~GEE. «+d wtnd~torm InMK~+w In th~ wwl st~nd~ed pol+cp form, in • wm ~pptowd by tM IMORTGAGEE. M wch company or oompanfM N 1h~ MORTC.IWE! nwy dkaq wd +~II fin w~d windrbrm t~wa~a~ polki~~ on iny of uir bui~dinp~, ~ny InM~nat tlwr~ln o~ ~wt tMnaf. In tiw pprpa~~ ww~ ~faM+td e? In ~xcrM tANwf, ~h~ll cent~in tM wwi ~tandud mortya~ clwN a wd~ ot~ Naw~ a tM MaqpM n++Y nEWin, nrkinp tY» Iw~ ur~dN N~d po14 d~s. ~ach ~rd w~rY. WY~bI~ to uid MORTGAGEE a ib intersat may app~ar. ~nd Nci~ a~d ewry suei+ poikp ~It b~ pranptly ~ui9n~d ~nd d~livN~d W any h~ld by s~{d MCRTGAGEE u furtMr acwhy to aatd mortyap~ d~bt, u~d, no+ bu tMn bn (10) day~ in ~dvana of th~ ~xpkation of ~ach policy, to dr ~ Iiv~r w aid M4RTGAGfE • r~wal th~reof, toqetirM with a nnipt for tM p?rmium of wch r~mw~lj ~nd tF~ ~hall b~ no fK~ o~ wi~tam Inwr~nu pl~c~d en ~ny of said buildln~s, ~ny intayt tMr~in or part fherwf, u„tsa in tM form ~nd with tM bu p+y~blf a afw~ukl; and {n tM ~vMt ~ny wm of nwn~y becnnas payabl~ u~ such polky w polici~s taid MORTGAGEE iMll Mw th~ op~io~ w r~niw ~nd appir tt?~ s~m~ on acco~n~ of tlw ihd~bt~ Mt~ s~cur~d h~r~by or M p~rmit said MORTGAGORS to reuiw ~nd uf~ if w~ny part ther~of fa other ourpos~s, without !hereby waiviny a impair inp ~ny puity, lia? or riyht u~der or by virtw of this mortppe; ~nd i~ tM went uid MORT~'iAGORS shall (or sny nawn hi) to kNp th~ ~aid pr~enisa w Ins~r~d, w f~H b d~l+wr pranpity ~nr of uid polities of in~ura~c~ to ~a+d MORTGAGEE, a f~il promptly fo pay fully any pr~mium thfnfor ar in ~ny r„p~cr f~il ro pKfarty dixhufl~, ~x~cut~, •ffsc~, compl~t~, cornp:y wirh ~~d abid~ by thi• coven+nt, w~ny pan Miwf, Nid MORTGAGEE m~y p~~c~ and pay fw ~uch lmurancr w~ny pan tMrraf without waivinp or ~fisctln9 ~ny option, li~n, puity, o~ ripht und~r o~ by vlrtw of tF?I~ Martpp~, ~nd tM full artw~nt of each and w~ry such paym~nt ttull b~ immecli~tely dw and payabl~ ~nd ~MII b~ar interist from th~ drN th~reof ~ntil paid ~t tM r+q of nirr p~r cw~tum p~r annum and together with tuch interest shall 6e iacvrad by thie li~n o# thia rnortyay~. ~ 4, ro p~rmlt, commlt or sufftr no w~st~, impairment or detariwation of aid prop~rty w~ny p~rt tMrwf. 5. To p~y all ~~r! sirpulrr tM costs,'ch+ryes and expe~~, includinq ~ roasonable ~ttwrroy'~ fe~ u~d con~ of ~b~tracri of titl~, tncun~d or p~Id N ~ny tlrrw by aid MORTGAGEE, bfca~~e a in tM ~vent of the fail~ra orr tlwe p~rt of tM taid MORTGAGOR to duly, pramptly ~nd fvlly pKform„ di~cMrg~, ~x~cw~, ~ff~ct, complst~, com~ly with and abtd~ by e~ch ~nd evtry tha stipul~tiom, presmenn, conditiorx, •nd wv.n.nn of uid promirwry oon .nd rhb matqaq~ ~ny or ~itMr, ~nd taid cwn, cMrg~~ ~nd ~zp~nses, ~ach and ~v~ry, thall b~ immadiat~ly dw ~nd p~yabl~j wMtM? or not tMr~ b~ notlu dr o+und, an~mpt to coll~d a wit p~ndiny; ~nd tln full ~mount of ~sch and w~ry ~uch p~ym~nt ~hall b~ar int~nst fran tM dat~ tl»rwf untfl pald ~t tM rr» af .~iM p*r centum pH annum; rnd all ~aid cosrs, cMrfles ~nd azpenus irrturr~d a paid, topether with wch IntKUt, ~I?all M s~ur~d by t!w li~n of thN ~+0~• 6. TMt in tM ~wnt of Nty br~~th of thit Mortqp~ ot def~ult on the patt of tM MORiGAGOR, or (b) In tM w~nt any o4 wid awm of nwMy MnM nf~r?~d to b~ rwt promptly ~nd fully paid within thirty (30) day~ rtsx~ after th~ Nme wv~raliy b~tom~ dw ~nd p~yabls, without d~mand a notip, a(~ fn tF» iwnt ~ach ~nd w~ry iM ~fipulatioru, ~gresm~ntr, condition~ and tov~nants of uid pramiaory not~ ~nd th~~ morfp~g~ u~y w~lther ~n ~ol ~11, promptly ~r?d fuliy p~rfam~d. diuh~~yed, execut~d, eff~tted, compl~ted, compli~d with ~nd abid~d by, 1lw~ {n ~itl~a or ~ny ~uch ~wnt tM tald pi~yat~ wm IMf1t10B~ 10 Hld Pf0111ilWtY not~ ih~n r~maininy unp~id, with Int~rnt kuwd, and all monty~ Ntund. h~?~br. ~hall b~com~ dw and p~y~ ~bl~ fwthwfth, w tinruh~r, at tM option of ~aid MORTGAGEE, a fully and compl~t~ly ai If •II of th~ wid su~w of moMy vwr~ oriplr?~Ily stlp~lat~d K. M paid an ~uch day, ~nythlnq in ~aid promiuory not~ or tn thi~ Martya9a to tha contr~ry notwitiutandinp; ~rrd tMr~upan w tMrfaft~r ~t th~ optian of wid MORTGAGEE, without noriu or demand, suit ~t lew or in equity, th~r~foro a tMr~~fte~ b~q~n, m~y b~ prw~cut~d a If all mon~ya wcur~d Mnby h.d marur.d prlor ro in tn.tir~tion. . • 7. TMt in tM ~v~nt that at d» beql~ninp of a~t eny tima pendinq any ~uit upon thi~ Mwtg~qe, a to 1w~clw~ h, or ro nfam It, w to ~nfwa payment ot any d~im~ Mr~vnder, ~ald MORTGAGEE ~h~ll ~pply ro the Cour1 hevinq ~uritdidion ther~of for th~ ~ppo~ntm~nt of • R~caiwr, wch CovN fMll Forthwith ~ppoint • nceivp of s~i~ mortpayed propsrty ~II snd iinyul~r, includ~~g all and sinyutsr th~ ineom~, ptofi», IsWH ~nd rtwnw~ from what~wr wdre~ deriv~d, ~~th ~~d ~wry o~ which, it beinp ~xpresaly underi~ood, ia Mreby mortgaged ~s if sp~tific~lly wt fath and deKr(b~d 1~ thi qrantinp and h~or,onJvm clau~ Mreof, a~d suth Rac~iwr shall haw •I! the brwd snd effectiv~ functlom and powers in ~nywis~ N+trwtM by ~ Cwrt tp + Rtcelva, •nd such appolntm~nt shall b+ made by such Co~rt as ~n ~dmitted eq~ity and a matter of absalute riyht to said MORTGAGEE, tnd witMout r~fertnt~ to tM •dsqv~ty or inadequacy of ths wlue of the pro~arty mortqaged or to the solvency or insolvsnty of taid MORTGAGOR or tM d~fe~danri, and th~t ~~ch r~ntt, profiri, intomt, iuue~ ~nd rsven~es ahall ba ~pplied by such Recrivet accordin9 to the (i~n or ~quity of said MORTGAGEE and tl?~ pr~ttiu of wth Court. 8. To duly, promptly •nd fully p~rform, discharye, execute, effect, complete, comply with and abid~ by s~ch ~fK~ fVHy 1M ~TIPNI~11pU~ oqrt~rt»nt~, conditiona and covenantt in ~aid promiswry nots and thi~ mortyage set forth. ' 9. Th~t in ths evtnt ths ownenhip of the mortgeaed premises, or ariy part therwf, becomt~ wst~d in ~ p~non otM~ th~n th~ MORTGAGOR, th~ MORTGAGEE, U~ tutcesson and rsiiyna, m~y, withavt notice to the MORTGAOR, deel with ~urh ~ucuuor a Iwtc~??or In intertst with r~f~r~nc~ to thlw ~~fl~fl~ ~nd the debt Ae~eby secured in th~ iame manner as with Nbrtgsgor without in any way vitiatinp er dixhar9iny th~ Mwtp~qon' liabflify h~r~- under w upon iM dsbt hersby secured. No ~sle of the premise~ herrby mortqaged and no fo?bs~ranea on tM p~rt of the MORTGAGEE a It~ sua~~wr~ a~~iiqns ~nd no extemion of the timr for the payment of the debt hereby secured yiv~n by ths MORTGAGEE or it~ ~ucc~stori or ~a~ipna, rhail op~rat~ fa nleaw, diuh~rpe, mudify chang~ or affect the original lisb~lity of the MJRTGAGOR Mr~in, ~ither in whoi~ w In p~rt. 10. It {s specifically sg.eed rhat time it of the aunce of thi• contract snd thet no w~lver of ~ny ob~i9~Ywn iKr~under or of tM abl(y~tion tr tur~d F~ertbp rh~U at ~ny time thereafter be held to be e waiver of the terms hereof or of tM imtrument ~etur~d Mrby. fll l. In a~ytion to t~h gforrgo:ng monthly pyyPm~nts of princ"pal and inte~est requir ~ by 9 9 promiswt~y nota ur~d hereby, mort t gor.oor~Mi ~~~~i~;' ~nd a rees to to mort e ee with eath momhl a ment an addirional sum estimated b mort a ee to be ual to 1 12 of the annu~l Cos ,of h~(~'c~r fltS . U . . , = ~ - A-All re~l property taxes ievied or asiessed againat the abave described reef estete. p{~'~' 8-Premiums on fire and windttorm insurance as herein required to be tarried on the improv~mentr ~ituet~ on tM ~bov~ dei~ qlrhhaa. ~ srik+!'d-~ ~ ~ /1' ~ ~ C~ : C-Premiums on such mortgag• yuaranty insurance as mortgagee shall from t~me to time deem iit to carry on tM loa~ acursd7~edy,~ ` ~ Mortgagea thall from time to time notify mortgagor in w~iting of the emount due and psy~ble her~under and ~uch wm ~hall tluia~6~pn bpCddif~nd A: - pay~ble on the dus data of the next monthly paymem end each successive month thereafter until morfy~ye~ sh~ll notify morigayor yf ta~ dha irfy~ch Q;~ ~ amount. Such sumi ahall be spplied by mortgay~ee toward the payment of real property tsx~s, insur~nca premivrtu, •nd mortyaq~ q~Jrf~~h~wt~y~~~ rr ; PfM11UTi. - `Y IN WITNE55 WHE'REOF, the said MORTGAGOR has hereunto set his hand and teal tht day •nd ytu fint ~fwa~id. ~~~i~ (T ~ 1 Q t~~` stq~d, ~d i~d ~tw~ed tha presenca ot: HARRIS C(J STRIICTION CORP~~i'A~~~'` ..t/ $y l_ ~ , cw~ .4 W W. ar s ~ t ~ Att~et' ~ ~ ~ . r n r s, ecr ~ y _ ~ ' . ~ - - - - - - ~ - - - - , STATE OF FLORIDA ~ COUNTY QF ST. LUGIE '~'3 - 1 HEREBY CERTIFY, That on this day of JLily • T_kY:;.:~~~q,d ~y~~ ~ . before me persanally appeared ~~lliem W Harris and F''r~l ,Ti: A,. R~+.rrir~ ~ respcctively ~ President snd Setrstary ' . , oY` ; : _ HA.RRIS CONSTRUCTION CORPORATION ~ a Florida ;•pttt~;;,~o',t~ie t` • known to be the persons deseribed in and who executed the foregning instrument, and severaify ackno~r+liEdge~d'f~s_ex~ ~ cutian the~eaf~to!b~ their free act and deed as such officert for the uses and ur ses therein mentioned; and that the ; L P Po Y effixQd -tti~r,~tQ •t~;offieial aeal of said corporatbon, an~~1h~"Y~trrtstrument is !he act and deed of said tor~ration. : . . . ~ . . ' . ' W1rtNfrSS~yp~ ~at{c~,anci:ofFicial seal at Fort Pierce said oou~ty and atate. - . " ~ ~ ~ ~ . RECORdEO =~~~.;~1~(~ y~~~ .-~I~ED AN~ ,~ctQQKNotary Public, in for State end Counry aforessid. . I tJ i~ M1 N M y C o m m i s s i o n E x p i r e s: O~''•~...:~••'. ~ ~.o~ary Nublic, State of Florida at Large f j 1'-lL-`[. ~ :~A Commission Ex ires Au 6 1967. t~ .~g C~nded By American Suroty CoL nt,~, X. _..,.>:.....~.!~S ..1111 Z9 ~~r...-•.. - - - _ 1UU1 ~LERK~ ROGER Pt;1'1 RA.~, sY. 4~.~ E\~a~~~ eoa~1.23 454 . C~ ~ ~:.1 . y . , ~ , . .