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Home My WebLink About2207 To placr and continvously ketp on tM buildings now w hereafte. s~tuste on sa~d land and on aU equipmtnt ~nd p~?sor~ally cov~red by this mat¢ •ps, witF~ dl ptmiw~u tM+eor? paid in (ull, fi~e insurance in the usual standard policy fam, i~ a sum app~ov~d by th~ MORTGAGEE, and wind~tart? ~ ~nsur~nc~ in Ih~ uiwt uandud pol~cy fam, in a sum approved by ~he MORTGAGEE, in ivch company or tompaniy as t1?~ MORTGAGEF n+ay dlrectj sr~ i~~ fu~ ,N;~lsro~m insurar?c~ pol~c;es on any of said build~n~s, ~ny interest therein or parl ~hereof, in ~M t~yre9~t~ sum afor~~aid w in ~xctis tMnof, ~hal) contain 1M uiual standard matgagee clause a such other claus~ as th~ Mor~yagee m~y requ~r~, makinp 1M lou vnda~ said polF cies• each ~nd w~ry, pay~b~~ ro said MORTGAGEE ai ifs intere~l may appear, and each and eve.y such poticy ~hal! be prompdy au gncd and d~liwr~d to •ny Mld by aid MORTGAGEE ~s further security to said matgage debt, and, not leu than tcn (10) dayi in advance of the expi?ation of each policy, to d~ I~ver ro aid MORTGAGEE ~ ne~swal th~reof, to9e~Mr with • rece~pt for the premium of such renewal; a~d there shali be no f~re or windstorm inturaot~ pl+ced on any of tak! b~ildi~g~, ~ny intsrest fherein or part thereof, unless i~ the form and wiih the loss payable as ataes~~d; ~nd in tM eve~t ~~y i~m of morwy pe~om~s p~y~ble ~r~ w~h p~IKy a p~~;~;Q= ~KJ µpRTGAGEE shall hava the opt~on to receive a~+d apply the iame on accou~l o( the indebted- nest s~cursd hK~by o? b permit said MORTGAGORS ro rcceive and us~ iT or any parl therrof fo~ Othc~ pwposes, without Ihareb/ waivi~~g or ~mpair- ~~W +nY p~~hl. ~~e+~ or rght ~nder w by viriw of this m~tgsge: and in the event sa~d MORTGAGORS shsll fw ~ny reason fail to keep the iaid premiui so insured, p f~il fo deliver promptly ~ny of taid policies of inivra~c~ to said MORiGAGEE, o~ fail promptty to pay fulty any premium thereior o~ in any reapect f~il b perfain, dixMrpe, execute efiec~, complete, comply wirh and abide by this covenant, w any part he~eof, said MORTGAGEE may place and wr f« such inwranc~ or ~ny part thereof wi~hout waivinp w ~ffect~np any option, lien. cq~ity. a rlgh~ ~ndsr a by vinue of ~his Mo~~9s~e. and the ' full amouM pf each and ~wry such payment sha0 be immediately dve and payable and shall bear intereft from tM date t1+Neof ~ntil paid at the rat~ ol ~ n~ne p~? c~ntum pe~ ~nrwm and toge~her with iuch interest thaU be secured by 1he lien of this morlg~ge. 1. To p~rmit, commi; or suffe+ no waste, impairment w deterior~tion of said properry w any part the~eof. S. To pay all ~nd sirgul+r tM costs, cMrges s~d e:penxs, including a ~easonable attorney's fee and costs of abstracri of titte, incurred or paid ~t ~ ~ny time by uid MORTGAGEE, btavse or in the event of the failu~e o~? the part of the said MORiGAGOR to duly, promptly and fvl{y perfwm, discAarye, •xecut~, ~ifect, tompkt~, comply with and ab~de by each and every the stipvlae~ons, agreements, conditions, end cownanti o( aid promiswry note and thii mort9aps ~nY or eilhet, ~nd yaid tosts, charge~ and expenses, esch and eve~y, shail be immediatety due and payable; whether w no/ there be r.oti~e de~ m~nd. ~tt~mpt to coll~tt or suit pe~ding; and tM full amount of esch and evcry s~ch payment shall bca. interest from Ih~ date thtreof until piid at tM rare of nint per centum p~v aruium; a~d all taid costs, charges and expeases incurred or paid, toge~her w~th such inter~tt, ahall b~ secv~ed by the lien of thit 6. TMt in the went of ~ny breach of this Mwtgage w default on the part of the MORTGAGOR, w(b) in the event any of said tvms of mon~y herein r~f~rred to b~ not promptly ~nd fully paid w;thin th~rty (30) days next after ~he same sevcratly becoms due ~od psyable, WitFWUt dlm~nd p f10tK~, or (c) ?n tM ~wnt ~ach and every the sripu~arions, agreemenrs, conditions and covenanrs of ss~d promiswry note and th~s matpaye sny w either ~n oW iuly, promptly and f~lly p~rfamed, d~:charged, executed, efiected, compteted, complied wi~h and ~bided by, then in either w any urch event tM aid preysfe Wm mtntion~d in asid promissory note then remai~ing unpaid, with interest accrued, and all moneys secu~ed hereby, tM11 become dw and pay~ sbl• fwthwith, or ther~ahtr, at the option of aaid MORTGAGEE, ~s fully and comptetely as if all of the said s~ms of money were orpinally stipulated to be p~~d on ~vch day, anythirp in said promiuory note or in this Mortgage to the contrary notwiths~and~ny; and tF~e~eupon or thereaher at tM option of ; seid MORiGAGEE, withovt nWice o+ demand, s~it at law w in equity, thcrciwe d thereafier begun, may b~ prosecuttd ~t if all naneys acu?~d henby ~ hed mafured prip to iri Institytion. 7. Th~t in ths ewnt th~t at the beginn;ng of or at sny time pending any wit upon +his Morfgsge, w to forstios~ it, or to reform tL ot to enfwp peyment of any daims h~rewder, said MORiGAGEE shall apply to the Cou~t havi.g jur~sd;crion theroof fw ths appointmenf of ~ Receiver, ~~ch Court shall Forthwith appoint s r~iwr of sa~ mortgsgod prpperty a~~ a~d singular, includ~ng all and singular fhe incortM, profilt, iuuei and revenues from what~v~r wurce dsrived, e~ch ~~d ~vary o which, it beiny expressly understood, is F~ereby mortgaged at if specificatly xt fafh ~nd deKribed in tFre praMinp ~nd habendum tlavses heteof, ~nd wch (teceiver shall have ~II the bro~d and effective funct~ons and powers in ~nywise entrv~ted by a Court fy a Receive~, ~nd ~vch appointm~nt shall bo made by such Court as an admitted equity snd a matter of absolute r~gh~ to aaid MORTGAGEE, and without referenc~ to tl+e adequaq or inadequaty o~ the wsue of ~he p.ope.~~ ?.w.egaged or !o the sotvency or insolventy o! said MORTGAGOR or fhe defendann, and that iuch renr~, profin, income, iuues and revenues i1w11 be applied by such Receiver accord~ng to the lieo a equity of said MORTGAGEE and the practiu of ~uch Court, 8. To dvly. promptly ~~d fully perform, diuharge, execute, effect, complcte, corr+pty with and abide by tsch ind every the stipv4tions, a9reem~nb, conditana and covenanrs ~n u~d promlasory nore and this mortgage iet fwth. 9. That in ths eveM the ownenhip of the mortgaged premises, w any pan the?eof, becomes vesttd in a penon other fhsn the MORTGAGOR, fl+~ MORTGAGEE, iri sucuuwt ~nd ~uiyns, msy, without no~;ce to the MORTGAOR, deal•wirh such succ~ssor w wccKior in interest with ieference to lbis mong~~e and the debt hereby sccured in the same manner as with Nb~tgagor without in any way vifiati~g w discFwrgi~ng the Morty~ws' li~bility herr under or upo~ tht dtbt hereby secured. No ssle of the premises hereby mortgaged and no fwbeara~te on tF~e part of the MORTGAGEE or itt sutcesson or euigns and no extension of the time fw the payment of the debt here6y securcd given by the MORTGAGEE or its succeuas w auigns, ~hsl) operats to releaie, discMr~, nadify ~F~ange o~ affect the wig;nal liability of 1he MORTGAGOR herein, cither in whole w in part, 10. It h specifitally ~greed thst time is of the essence of this contract and that no waiver of any obligauo~ hereund~r or of th~ obliqation sa cured hereby ~hal! at any time thercafler be held to be a waever of tfx terms hereof w of the insrrumem secured herby. 11. In addition to the forego:og monthly paym~nts of princ'pal and interest required by the p~pnissory note secured hereby, mortgagor covtnant~ and agre~s to pay to mortgagee with eath monthly payrnent an add~rional sum est~n:ated by matgagee to be eqval to 1/12 of the annual tost of the follow- ing N-AO real property taxes levied a assessed aga;nst thc above descri5ed real estate. B-Premiums on fire end windstorm insurance as herein requ~red to be carried on the improveme:+ts s~tuate on the above desuibed premises. C-Premivma on such mortgage guaranty insurar,ce as mortgagee shall from t;me to ti~ne deem fit to carry on the ban secured hereby. ' Martysgee shall from time to time notify mwtgagor in writing of the amount due and payable htreunder and such sum shal! thereupon be dw ar~d payable o~ the due date of the next monthly payment and each successive month thereafter ur.til mortgagee shall ~otify mortgagw of a chsngt in suth amount. Suth sumt shalt be ~pplied by mortgsgee toward the payment of real property ta:es, in:urance p?~m:ums, and mortgape yua~~tp, io~uranp premiums. ~ IN WI7NE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first afwesaid. a~=- ~»a. s.. ~~.a a~,~ or: HARR GO ~RIICT ION 4f~'1Jf~~3~I01~: t- ' By lli ~ _ s . - Atteat - ' ' " r~ rp'- r n . a., e. . - - - - - e~ ~ dv~ s r STATE OF FLORIDA ~ COUNTY OF ST. LUCIE I HEREBY CERTIFY, That on ihis day ot O.tnher , A.O. 19~_, before me personally appeared W 7 7 i m W H rr~ ~ a~ Frenkl in A H rri . respectively President and Secretary , of H6RRT4 C[~NCTRII[`Tj~j^CnRP~RAT.IO~L_, a F'1 pTj~B Corporation, ro me known to be the persons described in and who executed the foregoing instrument, and severally acknowledged the exe cution thereof to be thei~ free ad and deed as such officers for the uses and purposes therein mentioned; and that they affixed ~he~el~.tXe~ qf{iqa) seal of said corporation, and the said instrument is the act and deed of said corporation. . . WIT~tf~.•m~r [~qd,~and=offkisl seal at fort Pierce , said county a state. f. = ~ ~ `.-v _ . = FII.EO AND RECORDED = ~ ' ~ ~ : ST. LUC(E COUNTY. FL U•~ ~`•f' RFCORD VERIFIEO ~o1ary Pubtic, in a for State and County aforesaid. ; fA nODU My Commission Expires: Notary PubMc, ~tat~ ot horide N Large ~n„ y'-ta7 c7 My Comm!ss`on Exp:r~s Aug. 6, 1967 i . Gonded By qm~r~can SureQy Co. ot N. Y. . . ` '66 OCT I0 Pt~ 3:24 ~.~~o a,~~ ~0:-ER ?~OITR~S r~ raK r~~~~nT ~..~~nT ~ ~56 ~ 4p~ , .r-,., 1 ~ ~ - i y, ~~s^ y,. ~ _ _ . _ _ . . . _ - . . . ~P' ~'~~a'~,~~d'~ ~ _ ~?~s~s..~ .