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Home My WebLink About1159 - -~.r i t ~ • f ~ f . . ~i:. 9. To pl~cs ~nd tontinuously Iceep on !ha b~i'dings now or hereaftar ~A~~ate on said I~nd tnd on ~11 equipmMt ~nd p~rwnaflY cOr~r~d by thi~ mWf~ p~, with dl pttmivms thsreon p+~d in full, fi~e ~~s~ronce in ~he usuel sta+xlard po~i<y form, in • sum appr~wd by th~ MORTGAGEE, ~nd wintl~torm ` 3nfunnet in fM usval ~tandard pol~cy form, in a sum approved by the MORTGAGEE, in such tompany or Comp~e+iq q tFw MORTCsAGEE rnay direci; ~nd ~II fir~ and windstorm ~nsurance poi~c~es on any of said buildinqs, any ints~yt tMrein or part therwf, i~ iM pqrep~t~ wm afp~latd O~ fi In ~aeNf N?e~,wf, sfiall contain th~ wual atandard mxvg.+gee daux or such other clauss u th~ Morty~pee rrNy rp~ir~, tn~kinq tM lou undM t~id po1F ti~s, esth snd every, p~yabla to said MORTGAGEE a~ ~rs imerest may appea~, and each and every such policy sh~ll b~ promptly assqntd a~d deliv~t~d to ~ ~i?~_ a~y Meld by said MORTGAGEE as funher security to sald mortgage debr, and, not less than ten (10) days in adwnce ot tht exp+ration of ~ach policy, to dr (iv~r to said MURTGAGEE a ~enewal thereof, tayether with r rece~pt for the premium of such ~enew~l; end 1her~ f~h~ll br r+o firt or windstorm infunr+t~ ~ plxed on ~ny of said buildings, sny inte~est there~n or part thereof, unless ~n the form a+~d with the lo~s pay+ble as efor~said; ~nd in tl+~ ev~nt any ~um ~ ol~cies said MORTGAGEE shall have tha o tion to receive and apply the same on accoum of the ind~bted- o f m o n~ y b e c o m e s p a y s b l e u n d e r s u c h p o l i c y o p P . neu secured Mreby or to permit said MORTGAGORS to receive and uee i1 or any part thereof tor other purposes, without there't,~ waivi~i9 or impair• I ing any equity, IiQn or right under or by virtur of th~s mo;tgage; and in thc event se~d MORTGAGORS ahail ftx ~ny reason fei! to keep the s~id premisei ~o ~ insured, or faii to deliver promptly any of said pol:c~es of insurance to said MORTGAGEE, or fail promptly to pay fully •ny premium tMrefor or in any ~ ~ reapea fail to perform, discharye, executc, effea, compteta, comply with and abida by this cover+ant, w aey ps~t herwf, said MORTGAGEE may pbce and , pay for such Insurante or any part thereof without waiving or affaciing any option, lien, equity, o~ ri9ht ~nd~? or by virtw of this Mat9pe, ant! tk~e I full amounr of aech and evary such peyment ihall be immediarely due artd payable and •hall bear int~rest from tht dat~ thereof u~til paid at the r~ta ot ~ n~ne per centum per ennum and together with such inre~est sha~i be sacured by the :ien of this mortg~qt. ~ 4. To parmit, tommit or suffer no waste, impairment or deterioratio~ of said property or any psrt ihereof. S. To pay ail and singul~? the costs, charges and expenses, including a rcasonable attorney's fea •nd cwts of. ~b~tratts of title, inwrr~d or p~id i any timr by ~a+d MORTGAGEE, because or in rhe event of ihe failure on tha pa~t of ~he said MORTGAGOR To duly, promptly •nd fully psrform, ditch~~ra~, execute, effect, tomplete, comply with and ab;de oy each and every the stipulations, agreements, co~ditions, ~nd tov~n~ntt of said prumiuory nots •nd thi~ mortgage any or either, and sa~d costs, charges and expenses, each and every, shall be immediately due and payable; whethsr or not ther• b~ notict d~ mand, attempt to Col~ett or suit pe~~d~ng; and :he full amount of each and every such paymeM shall brar int~r~at from the date thereof until pald a1 tM i rate o( nine per centum per arnwm; a~d aIl sald costs, charges and expenses incur.ed or paid, togather with wth interNt, ihall b~ ~xur~d by tM li+n af th~~ ~ mort~lgs. ~ 6. That (a) in the event of any breach of this Alortgage or default on !he part of the MORTGAGQR, or (b) in the ~venf sny of taid sums of mon~y I here~n referred to be not promptly and fully paid wirh~n th:riy (301 days next after the same severally 6ecome due ~nd payab!e, wi!hOVt d~m~nd or notiG~, or (c) in the event each and every the stipulations, agreemems, conditions and covenants of ~a~d pramiuory nots and ifii• mortp~ye a~y or eilhar a~s n~! ; ~uly, promptly and f~lly performed, dlscharged, exec~red, effected, complered, complied with and abided by, thtn in •ither o~ ~ny wth ~wnt 1M uid a~ ' gregate sum mentioned in said p~omissory nore thzn remairiing unpaid, with interest accrued, and all money~ s~cund. hersby, ~hall b~tom~ dw ~nd pa~ ~ able forthwith, or thereafter, at the op!~on of sa~d ,ti~ORTGAGEE, as fully and completely a~ if sll of the said s~nr of mon~y w~r~ aipinally ttipul~ttd ta be pa~d on such day, anything in sa;d promissory note or in this Mortgage to the tontrary notwithstandinq; snd therwpon ar thareahtr at tha optiOn Of ~ ~ said MORTGAGEE, withnut notice or demand, s~it at law or in equity, therefore or thereafter begun, may b~ protet~t~d ff all moneys Nturld her~by 6ad matured pr~or to its institution. 7. That in the event that at the beginn~ng of or at any time pending any suit upon this Mortgag~, or to iweclosw it, or to roform it, or to enforp payment of any daims hereunder, said MORTGAGEE sha'I apply to the Ccvrt having juiisdiction thereof for the ~ppoirttm~M of a R~teiver, wch Court ~h~ll ; forthwith appoiN a receiver of saifl mortgaged property ali and s~ngular, includ.ng all and sing~lar thv incorrN, prafiti, itswt and I~vlnue~ frOm whatWtr source derived, each and every of wh.ch, ir bcing express'y undersiood, is hereby mortgaged as if •peufically set forth and deKribaO 1~ ihi pr~ntiny •nd habendum tlauses hereof, and wch Receiver shali have all it,~~ broad and effective funa~ons and powers in anywise enttutt~d by • Gourt tp • Rectiv~r, and iuch appointmem shall be made by s~ch Covrt as an adr.ilttcd equity a~d a maiter of absolute rigM to said MORTGAGEE, ~nd witFxwt nfennt~ to ih~ ~ edequacy or ir,adequaty of the valve of the properry mortgaged or to the soivency or insolvency of seid MORTGAGOR or tM defendants, •nd thH wth rents, profits, income, issues and revenues sha~l be appi~ed by such Receiver atcordir.3 to tt:e lien or equity Of uid MORTGAGEE and the pradiu of tuch t COUrt. ~ 8. To du~y, promptiy and fu~ly perform, d~scharge, execute, effect, complete, comply with and abide by e~ch ~nd every tM itipulations, ~yrNment:, ! conditions and covenants in said promissory note and this mortgage set iorth. i 9. That in the event the ov.~nership of the rnortgaged premises, or any part thereof, becomes vested in ~ p~non Other than Ths MORT~C'sAGOR, th~ ' ~ MORTGAGEE, its successors and assigns, may, withcut not~ce to the h10RTGAOR, deaf with suc~~ susuuor or N+tWSwr in int~reft with r~frr~ntf to thi~ ; mo:tgage and the debt hereby secured in the same manner as w~th Mortgagor without in any way vitietiny w diuhsryinq tM Mortq~yon' li~bility h~rr j under or upon the debt hereby secured. No sale of the Fre^~:ses h~reby mortgaged ar.d no forbearsn~e on the part of the MORTGAGEE O? itt wtcetsori ' or assigns and no extension of the time for the payn~ent of the debt hereby secured given by the M02TGAGEE or iTa futtetson or atfignl, shall opsrat~ to release, discharge, modify change or affect th? original liab~i~ty af ine MORTGAGOR herein, either in whola or in p~H. 10. It is specifically agreed that time is of the esserue of th~s contract and that no weiver of any obl?gation hlrevnder or of th~ obliy+t(on ae- ~ cured hereby shall at eny time thereafter ue he:d tc Le a waiver of the terms hereof or of the instrument tetur~d h~rby. ~ 1!. In add;tio? to the forego'ng month:y payrn~nts of princ pal ar.d inrzrest required by the promissory note sewred hereby, mort9egor tortnant~ i and agrces to pay to mortgagee with each month:y ra,r.,ent ar. add~riona! sum estin~ated by mortgagee to be equal to 1~12 of the annwl co~t of the follow- ing: ! A-All real property taxes leview o~ assessc<i ag3;r~st ;he above described real estate. ~ B-Prem~~ms on f re and .v;r.dsto-m i~ s~~acce as i>>zr;~:n raqu~red to be carried on the :mprovement• situate on the ebove deicribed premi~es. C-Premiums on suth mortg;pe g~arant~ insu~ar ce es rncr;~agee shall from t'me to time deem fit to urty on the losn ~ewred h~r~by. ( Mortgagee sha;l from time to flr*,c ncr~fy mcrrg g::r !n wr~t;ng of the a:nou~t due and oayable herwndrr and wch sum shall th~r~upon b~ ~ut and . ' payable on the due date of the next :r•.omh:~ eay:•~enr a:,~ each s~iccessive month thereafter until mortgagee shall notify mortgagor of ~,Ithln~iFf ~NTCIt.,'= ! amount. Such sums shai; be appiied by mort~a::e ~ov.a•d ~he paym=nr of real property taxes, inwrance p:em~umt, and mortpape ,pup`ar~ ,h}svrante p~emi~ms •t T ` I IN V~IiNE55 WH'cREOf, the said MORTGAGOR has hereunto set hls hand and seal the day end y~a ' " - 5i d and d e~ t presence af: S REAL - $ ' . e rg at ze r~~,, ~ - At te s t : . ~ : ~ 8 8 8 8. Z8 S aC`L:;,, ~ 45sa1) ~ `rz'8 88 . ~ - - - - - - - - - ' ~ STATE OF FLORIDA COUlVTY OF ST. LUCIE } /f~ i I HEREBY CERTIFY, That on this~day of _ Augu~t A.D. 19 6~, before me personally appeared ,St~~x'~.~ ~atzes _ and Helena M. H8t Te~s~,:,:,,,;~~_ •o{ respectively President and Secr~tary ...8*+~ '~T~ ~ ~tiY`4i?' ~ HATZES .,REALTY~_ INC. , a..._~ Delaware 'Cor~b~a~ion,~o r~'Ye . , i known to be the persons describeci in ant! who executed the foregoing instrument, and severally ackno,wi~plg~ed~ tg~~~ce- ~ ~ cution thereof to be their free act and deed as such officers for the uses and purposes therein mentit~,r~~, and that,.ttiey _ ~ affixed thereto the official seal of said carpcxation, and the said instrument is the act and deed . of~~.~~id 'cprppce~t'ip~. i WITNESS my hard and officia! seal at Fort Pierce , said county an statc. ~ ~ 1 ~ ~ i FILED AND RECOR~ED ° ~ry pUblic, in an~ for State and County aforesaid. ~ ~ 'ti, • . ~Y~OOK y.~,.. ~My COmmission Ex~ires: Nptary °ub6^, State of F~ori~a at La~?9 i ' • . Cd ' k~ ~5 ~:OV. .S, 1`155 y Comm.sscn Exc:~r ~ ~ 6onc~eu rti~~Ct .,i ~~~~~t, oi Y. i ` _ ~s ~ s P~a z : y s . : ~ . ~ ~ . _ _ . ! 1_3~3~~~ - . . . ROG~:! ~'~i ~ t;,~S. Cl~r FiK i}. ~ ; . ST. LU~i~ COUP~iTY, ~ : _ ` ~ } 60~OIE I :