The URL can be used to link to this page

Home My WebLink About0893 : , J. To pl~c~ and con~inuousiy kkp on tM bvildinpi now a h~rc~ft~r ~itwt~ on said land ~nd on all equipment and pNSOnally tovK~d by thit enort¢ y~, with dl p~miwr4 thHea~ paid in full, fire insuranc~ in t!~ viual standa~d pol;cy fam, ir? a sui+n app~owd by ths MOR~GAGEE. ~nd wie+dttorm inswanc~ in ~M uiwl ~undard pol~q form, in • sum ~pp~oved by tM MORiGAGEE; i~ svch compu~y w tompaniq ~s the MORTGACsEE rt+~y ~ dirKtj and all t;n +nd w~nda~wm insurancs policies on any of e~id build~nps, any interest tM.rin o~ put tAereof, k1 tM sQQrepat~ sum ~for~Nld or in exuts tMreof, thall contain ths uswl sta.xlud mortp~ge~ clavse a iuch o~her cl~vu as tM M.ortqsgee may rpuirt, makinp ~M loss undK taid pol~ ~~s, tac6 ~nd ~very, p~y~bk ro uid MORTGAGfE +s ~?s intereit m~y apptar, and sach ~nd ~very t~?ch policy ihstl b~ pranptly au:9ned and detiversd ro ~ny heW by s~id MORfGAGEE ~s further secur;ryr ro aid m«~yay? deb?, and, nof ksti tMn ten (10) days in ~dvanc~ of tl+~ ~xptration of ~ach pol~cy, to d? livn to ~+~d MORTGAGEE a ~anewal thereof, to~~th~? with a receipt fw the premivm of such reoew+l; and ther~ ihall b~ no fin or windstwm inwant~ pl~c~d on any of uid build~n~s. ~ny interest tha~io or p~~~ thNeof, unlcu in tM twm'ud wirh tM bu payable as •fwes+id; and in tM eve~t any ium of monty becoma payabl~ unda such pol'~cy or policies said MORTGAGEE shall Mw ~hs op~an to ~eceiw a~d ipply ths same a~ ~ccovnt o~ 1M indebted~ ~ neu sttvred htreby or ~o petmit said MORTGAGORS to rKeiw and ~f~ it a ~~y part ther~of fw oti+e~ purposes, without tAereb~ waivi~~g ot ~mpa'er- irq any p~ity, liu~ a riqh/ under w by wi~tue of this mwspayr, and in !M evenf t~id MORTGAGORS shsll fo~ any reason fail to keep tM i~id pr~misa w insured, or fsil w d~liver pomptly any of said polities of insunnu to said MORTGAGEE, or fsil promptly to pay futty ~ny premium therefw p in any respect f~tl to pKfocm, d~uMrge, execute, ~ffect, complate, tompty with and abid~ by tlw covenanl, a any part hersof, s~id MORTGAGEE m~y place and pay fo~ wd? tmuru+c~ a~ny p~h ~hsreof without wahiny a affectinp any optiay IiM, equity. or ripht under or by virtw of this Mwtya~e, and the full arnount of ~ath ~nd ~vKy s~ch paymtnt sMll be immediately du~ and p~yabl~ and thall besr intereat irom the dat~ tktrwf until paid a1 the ?aM o! nin~ per centum per ~r.num and togethe~ with wcA interest sl+sll be secured by tht lie~ oi th7s mortyaye. 1. To pNmb, commit or suffer no wut~, impaimxnt a deterior~tion of said prope.ty o? a~yr part tM?eof, 5. To pay all ~nd wgvlu tMtosta, cMrpes ~nd expenses, inctud:~g a re~sonable mo.ney• fee and costs of abstwcts of title, inc~rred or p~id at any time by said MORTGAGfE, beu~n! a in the event of the failure on the psrt o' tM s~id MORiGAGOR w clufy, promptly and fully perfarm, dixMrg~, executs. effsct. compJea, comply with and abide by ~xh ~nd every the :t~pulations, ~greemants, conditions, and covenants of s~id promiuory note ~nd this mortyape ~nr w eitl~er. +nd sa~d cosn, char~~s and expe~se~. each and evcry. sMll be imnKd~ately due ~nd p~y~bl~: whether o~ not ther~ be notice de- m~nd, attempt to cotlect or wit pa+dng; a~d tha fuN amount of sach and avery wch psyment ~h~ll bt+~ interei~ from the date thereof umil p~id a1 the rate of nine per cer+tum oer aruium; snd all said costs, charges ~nd eapenses incur~ed or psid, togelhtr with wch intaest. shill be secwed by tM lien of thi~ mat~ap~. ~ 0. Th~t (a) in the event of u~y bresch of this Mo?tg~pe or defavtt on tlr pan of the MORTC,AGOR, or (b) in ths evcM any of ss~d sums of money ; herein refared to be ~ot promptly ~nd fully psid within thirty (30) days next after the tame severally become due and payaWe, without demsnd or notice, j or i~ tM ~vent exh and ewry tM stipulationa, sgreements, conditiora ~nd cc~enrnts of srd promiuory note and this mortgape any a eitMe? u~ na iuly, promptly and futly pe?fwmed, d;scharged, executed, eifected, completed, complied with and abided by. then iri either w any tuch evsnt the s+id ap~ p~egaM svm rtvintion~d in said promiasory noh then rem~in'u~p unpsid, with inteiest ~caved, and all moneys tetvred hereby. thall becans dw and pay- able forthwith, a thxesfte~, at the option o! said 1MORTGAGEE, as fuNy and compktely as if ~II of Ihe said sums oi money wcrt oripinally stipulated to be paid a? such day, any~hing in sa7d promiuory note w in this Mo.tg~ge to the contnry norwithstsnd~np; and thereupon or theresfter at tM opt~on of said MORTGAGEE, without notice w demand, suit at lawr w in puity, tlxrefwe or thereaitcr begun, mey be prosecuted as if s!! naneys secur~d hareby had matwed pno? ro iri institutia?. 7. 1F~a~ in ths event that at the beginning of or ~t ~ny time pe~d;ng ~oy wif upon th~s Mortgage, o~ to foreclose it, or to reform it, a to Mfmce payment of any claims F~cunder, ssid MORTGAGEE sh~ll apply to the Coun hsving jurisdK~ion thereoi iw the ~ppo~ntment of ~ Receiver, such Covn iha~l forrliwirh appoint a receive~ of sa7d morlgaged propcrty all snd singulu, includ~ng all and sirgular the i~ome, profits, iswes and revenues from whatever wurce derived. esch and every of which, it be~ng expreuty understood, is hereby mortgaged as if spec~fic~lty set fw~h and dewibed in the yrantinp and habcndum clauses hereof, and such Receiver shall have alf the broad and effective furtdro~u and powers in ~nywise entrwted by a Covrt to a Receive~, and i such appointment shall be made by such Coun as an admitted equity and a maner of sbsolute riyht to ssid MORTGAGEE, and without refer~nce ro the edequacy w iMdequacy of the vslue of the property mortgsged w to the sonrency w insofvency of said MORiGAGOR or the defendanh, and that svch rCen~r~• p?ofi~s, income, iuun and re+renues shall be applied by :uch Receiver accud~ng to the liee or puity of said MORTGAGEE and the practice of such 8. To duly. promptly snd fully perform. ~xharge, execute. effect. complete, tomply with and sbide by each ~nd every the stipulations, yreements, conditaro ~nd rnvenams in said p~omiuory nofs and tha mortgsge set fath. 9. That in fhe evem the ownenhip of the mortgayed premises, o~ ~ny part the~eof, beoomes veited in a penon other thsn the MORTGAGOR, the MORTGAGEE, its successon and auiyns, msy, without notice to the MORTGAOR, deal with such wccessa a successw in interest with refeaence to this mo~tgaye and the deb~ htreby secwed in the same manner as wirh Mwtgagw w7fhout in any way vifi~tirg w discMrging the Mort~agors' liability hen- under or opon the debt hereby secured. No sale of the pr~mises hereby mortgaged and no fabe+re~ce on the part of the MORTGAGEE or ib successon w~ssig~u and no exreniwn of the time for ~he payment of the debt hereby secured given by the MORTGAGEE or its successors w us;pns, ~lull oF?e?~h ~o releas~, diuMrye, modify change w affect the wiginal liability of Ihe MORTGAGOR hcrein, either in whole a in put. 10. It is specifically agreed that time is of the euence of this contrsct and thst no wsiver of any obl~gst~on hereunikr or of the oblgation sa a,red hercby shall at any Yune thercafter be heW tp be a waiver of the terms hereof or oi the insrrument secured herby. 11. In addiYan to the forego:ng monthly paymenta of princ'ppl and interest requked bY the Piomissory ?wte secured l~ereby, mortya9or covenanfs and agrees to pay to mortgagee with each monthly payment an addirional sum esiimated by mortgagee to be equal 10 1/12 of the annual cost of ~he"follow- '^9: . ~ e ~ ~ A-All resl property taxes kvied or assessed against the above described rest estate. ' _ B-Premiums on f'ue and windstorm insv~ance as herein requ:red to be carried on the improvemenri :ituate on the sbove,~i~d~i ~ G'e` C-Premiums on such mptgage guaranty ins~rar,ce as mortgsgee shall from time to time deem fit to t+rry on the foan :e6~e~ ~iereby~, Mortgagee shaU from time to t;me notify mortgagor in writing of the amount due and pay+bte herevnder and sucl? sy~m;sh~l ihOcetlpo _duE=aAd payaNe or+ the due date of the next monthly payment and each successive monrh there~fter urtil mortgsgee shall notifjr: naags~ot ~a •~~=uch amo~nt. Such sums shall be applied by mortgagee towa?d the payment of real property taxes, insurante prem:vms, and moctps~6,~ ~ran inwirance premiums. j ~a'; IN WITNESS WHEREOF, the ssid MORTGAGOR hss hereunto set his hsnd and seal the d~y and aar fint afor - - ~.a, ka .~a d~~~ve.~a • the or: A , r , ~ F~ ~ • . R;~~ _ • wa u ; re s - .»>~rr~: i~~;~. AtteQt: ry . ear~e a .e s . 4 ~ . n • ecre arv- rea~urer ~ rR~ ; ~~~.:t' - - - - - STAFE .OF-.C~(pA° = COUNTY OF ST. LUCIE ~ ~i .t k1~8Y CEi;TqK, That on this day of March ; - , ; . . - - ' , A,D. 19~~., ; befio'r~•me person~lly appeared Edward L. Durhem a~ _ Georae B k'el rQ . - ~ respeai~tel~.~"'8s president and Seuetary-TreeQnrer of ~ C.L.A.G. INCORPORATED ~ a Floride ~ ; ti~......, ~ known to be the persons desuibed in and who executed the foreg~ing instrument, and severally edcr~wtedgtd tl~e~g~ i cution thereof to be their free ad and deed as such offioers for the uses and purposes therein me~it~~ ter7d~}Fl~f th~y. _ # affixed thereto the official seal of said oorporation, and the said instrument is the ad and deo~ o~'~~ ,oapor~ion,. ' ~ b ~ O WITNESS my hand and official seal at Fort PierceS t Lu e i e F 1 o ri c? $~~d oounty state::, AND RE~ R~E~ ' :~1~,~~~.~~ ~ . FILED 900K Notary Pubtic, in and for State and County aforesaid. ~N G~G~~ My Canmluion Expirest~otary Pc~tic, Sta.e ~f ~lorid~ at Larqe F f Y • 52 ~1y ComatissiN ht;,x~~ +J~r. 3, 1969 ~~Q VAQ t' ~~l • ?OAJl.~. E/ Al4GCea rve S Gscailr C~, qq ~Yii~ 13 i435 - v~~{E~/R~ ~ ROVI.i• :-~.;'.i\r•~. ~1 fr ST. LU~pR1pA ti FL ; ~ x140 ~ f~ ~ ~ ~ ~ _ _ . . _ ~_3 ~ . _ ~