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To pi~n and contir?~ously kt~p o~ tM buitdir?ps now o~ here~ftar s~twte on ea~d land ~nd on ~It equip~r?~nt snd p~e~onally cova~d by this nartp~
p~, with aN pr~miwry tha~on pa~d ;n fvll. fit~ insw+nce ~n ~he uswl f+andard po?i~y form, in • ~um approwd by tM MORiGAGEE. ~rd wie+dstoran
Intwanc~ in IM v~w) uandard pol~cy fwm, i~ • wm approved by 1he MORTGAGEE, in sucA compa~y a toenpani~s aa 1iy MORTWIGEE n?~y
dincts N?d a!1 fir~ ~nd winditwm insurance polKies on any of wid bu'rld~nq~, any tnte?pt therein w parf tF~wi, in tM a~ey~t~ wm ~fo~tsaid w
M~xt~ss the~wf, sMll contain tM ~swl ~tandud ma~gagee clsuse o~ such otha clauss ai tM Mwt9ages m~y ~equw~. makinp tM tw~ u.~dK a+~d po1E
ciy, ~ach ~nd ~vKy, p~y~bN ro s~id MORTGAGEE as ~ta imeres~ may appeu, a~d earh and every such pol~cy ihall b~ prompely ati.yned and d~lir~r~d to
. any M!d by aaid MORTGAGEE u iurlMr secvrity to s+id ma~page dcbt, ~nd, not teu tha~ ~en (10) days in sdvanc~ of tM txpir~tion of ~ach policy, ro dr
IivN lo s~id MORiGI1GEE • r~wal tha~of, toperhK wi~h i rKl~pt fOr 1hp premiym Of svch renewal; and ~her~ ihall b~ no f~r~ a wind~~am insu~anc~
pl~ad on ~ny oi said buitdirgs, any inrere:t ther~~n o~ part ~hcieoi, unleas i~ tAs form ~nd w~ih tM loss p+yabl~ u ~ia~uid: and in 1M ~v~~t ~ny swn
of nweMy bec~s pay~pl~ w~ tuch polity p polici~s s+id MORTGAGEE ihall h~ve ~I+~ op~~on to recrive and apply ths same on scca?nt oi tM ind~bted-
~t Ncur~d I+N~by o~ ~o permit s~id A~pRTGAGORS fo rctcive ~nd use it w any part thereof fw othcr pu~potei, without tAereb~ w~ivi~W w~mp~i~-
lnp any puity, ti~n w ripht unde~ or by virtw of this mo:s9~ye; and in the wc~t said MORTGAGORS shall fw any reaton f~il ro ke~p tM said p~~n+ises so
inwr~d, w fail to d~livet ptomptly ~ny of iaid policiea of insur~nc~ to uid MORTGAGEE, o~ (ail promptly to pay fully any premi~m ther~for o~ in any
n~p~ct fail b pK(orrq, dischup~, sxsc~t~ effect, compl~te, comply with and abide by this covenant, w a~y part herwf, said MORTGAGEE may pl~ce and
paY fa ~uch inwranc~ w any put tMraof witlwW waivinp w ~ffectinp a~y optio~, lien, equity, a right ~~d~r w by virtw of this Mwtqy~, a~d the
full amoum of ~ach u~d ~wry such p~ymN+t shall be inunediately due ~nd payable snd sMll bear iote~e» f~om tM dat~ the,eol until paid ~t th~ ~~t~ ol
nini p~r ctntum pK amvm and together wirh such inrerest shatl bc secvred by th~ lien of thi~ mo.r~age.
4. To p~rmit, c+onu~Jt w suHN eo waste. impairment or deterioration of s~id property w any pah thereof.
5. To pay ~II and tirgulx th~ cosb, ch+ryes ~nd expenses, including a reasan~ble attorney i fee and costs of sbstr~cri of tiNe, incurrd a paid d
any tims by wid NSOQTGAGfE, Mtavss or in the tvent of tAe fail~ro on tlwt part of ths said MORiGAGOlt w duly, promptly ~nd fvtly perform, d~ulu~p~
~xecut~. ~ffscl, complete, compty w~th and ab~de by each and every tlse st~pulanons, agreemenrs, cond~t~ons, ~nd towMntt of s~id promissory note ~nd ~lui i
R?ort~~p~ ~Mr or ~ither. and said cwta, chu9as and expenxs, each and eve?y. sMfi ba immed~a~ely dve s~d paysbla: whether w not rhae be r.otics dr i
anant~ att~mpt to coU~ct or suif p~nding; u~d tM full amount of each and every suth p~ymem shall bear in~ereat from tM data tMreof until p~id at IM ~
rate of niM per ccntum pe~ aMwm; and all said co~ts, charges and expenscs ~ncurred o~ paid, toge~her w~~h wch im~rp~, ~11 b~ ~ecur~d bp tM IiN? oi thu 3
~no?ty+p~•
6. TAat (a) in tM ~vent of any breacb of this 1Mortpag~ or detault on tM part oi the MORTGAGpR, w(b) in tM event ~ny of ~a~d svms of mon~y
hKein r~f~rred to bs na promptly and fully p~id within ~h~rty (30) days next aher the same uveratly become due snd payable, witFwW d~mand o~ notic~,
o? (t) In tM ~wnt each and every the stiputafions, sgreementi, cond~rans a~d covenanr~ of ~a:d p?omissory note ~nd fh~s mortpap~ any w ~ither ar~ no1
~uiy. prompNy and fully pKformed. discMrged, executed. effected, completed, complied wi~h •nd ab~ded by, thtn in ~ith~r p any such ~wnt ti~ s~id ag
prpat~ wm m~ntiontd in said promissory opte then rem~ining ~npaid, with imerest xcrued, and a11 moneys secur~d. herebY. aMll betane dw and pay~
abb forthwith, w tMr~afta, ~t the oprion of said MORTGAGEE, ~i tully ud compte+ely as if all of the said swns of money were orpinally atip~l~ted
to b~ pa~d on such day, u?ythinp in said promcuory note or in this Mutgage ro the conrrary notwithit~ndinp; snd ~hereupon a lhere~fta at tM option of
s~id IMOttTGAGEE, without notic~ or dern~nd, suit at law w in eqv;ly, the+efo~e a theresf~er begun, may b~ prwecut~d u if all nqn~ys Ntur~d Mreby
h~d rtNtut~d prlor to iri Irotitutiw4
7. th~t in fM ~vent tMt af the beginning of or at ~ny time xnding any suit u~an this Mo.tgage, w to for~clwe it, w fo rofwm IL OI t0 MfOfp ~
p~ym~nt of ~ny d~ima h~?eu~der, said INpRTGAGEf shsll spply ro fhe Court having jurisd~ctiort thereof fp tM appointment of a Receivet, such Couh sMll
Fafhwith appoiM s rtteiver of sa~ matqaped p?operty all and singulu, i~clud~rg all and singular the income, profits, iuue~ and rev~nues from what~v~r
~oura d~rived. each and ~wry o which, it being expresaly understood. is hereby mongaged ai if speutic~tly set fw~h ~nd describ~d in the yrantinp ~nd
Mb~ntlum dsv~es hereof, and such Receivtr shall have all the brwd and effeaive funct.ons and powers in anywite entruited by ~ Cou~t tp a Recsiv~r, ~nd
suth +ppointment shsll b~ made by wd+ Court ~s an admined equity and a ma~ter of absotute r~ght to said MORiGAGEE, and without r~fe~ax~ ro 1M
+d~q~scy w inad~q~acy of the value of the properry morr9aged or to rhe so~vency o. ~nsolyency of sa;d MORTGAGOR or the defer+•!a~ri, ~nd th~t such
r~r?ts, profi», inca~w, iauts and revenues sF~all be spplied by such Receiver accordmg to the lien w equity of aid MORTGAGEE and tht practiu of such
Coun.
8. To dvly, promptly and fully p~rfwm, discharge, e:ecute, efiect, complcre, comply wirh ared abide by eath and ~very tM stipulatiau, ~Qrs~rtMn»,
tonditioiq ~nd cpvenanti in said promltspry twte and thia mortg~ge ut fweh. '
9. That in tM eveM the ownenhip of the mortgaped premises, w any psrt thereof, becomes vest~d in • perwn mher Nwn the AIIORTGAGOR, ths
NWRTGAGEE, iri sucquors a~d auiyns, may, without no~ice to the MORTGAOR, dcal with such succsuor o~ wcctssw. in inte~e~t with refert~ce to this
mortpp~ and the debt hereby secured in tha same mamer as w~ih Mortgagor w~thout in any way vit~ating w dixhar9~ng the Mutys~ws' liability hera
unda w upon th~ debt hereby secured. No sale of the premises hereby mortgaged snd no fwbearsnce on the pan oi the MORTGAGEE or its tuttesson
or euiy~s ~nd no exrension of rhe time !a tF~e payment of the debt hereby secured given by the AhORTGAGfE or its svccetsws or suigns, sMll op~rat~ j
to r~leae, diithu~e, nwdify tMnge pt affect the original liabiliry of the MORTGAGOR herein, either in whole w i~ part. ~
10. If is specifk~lly eyreed that time is of the euence of this contract and that no waiver of any obligation hereunder o. of tM oblip~tion ss- t
a?r~d M~eby sMll at ~ny time thereaher be held ro be a waiver of the terms he?eo! oi of 1he insuvment secured herby. ~
11. In addition to the ~fotego:ng monthly payments of princ'pal and interest ~eqvired by the promissory no?e secured hereby, mortgsgor cownant~ #
a~d ~grees to pay to mortgagee w;th each monthly payment an add~r"wnal sum est~mated by mortgagee to be equal to 1/12 of the annual cost of the follow-
irg: ~
A-All real property hxes levied or assessed against thc abovt destri5cd real es~ate. i
B-Premivms on fire and w'u?dstwm ir+surance as herein ~equ~red to be carried on the ~mproveme~ts situate on the above described ~
premites. ~
, C-Premiums on s~th mortgage guaranty insurance as mortgagee shall from t~me to time deem fit to urry on the loan secured hereby. '
Nbrtgagee ihall from time to time notify mortgagor in writing of the amount due and payabte hereunder and such sum slwll thereupon be due and
payabls on the due date of the nexf morcthly payment and each successive month thereaiter urtil mwtgagee thall rtotify mortgagor of a thange in such '
~mount. Such sums shall be applied by mortgagee toward the paymem of real property taxes, insurance prem:ums, and mortgsge yua?anfy insurance (
premiumf.
IN WITNESS WHEREOF, the said MORTGAGOR has hereunto xt his hand and sesl the dey year fi t esa' ~
,
'~d, a ed ' tM presence of:
~
.
an
c •n
- ~ ~-n
~ ~n
~
i STATE Of FLORIDA ~
cour~tr oF S t Luc i e
: defore me penonally appeared p'*+Ankl3r~ A. Harria and
VIIl al+~ g`/ $ rri ~ his wife, to me well known and known to ms to bs
, tha individw(s described i~ and who executed the foregoing instrument, and aclcrwYyledged before me fhat they execvted the same for fhe pvrposes
rhe+etn .xp.es,ed. ~?,~d rhs s.~d- V 81 e~'' i e V H rr i!~
wlf~ of th~ ~sid _ Frgnkl ~,n A, H~+ris vpon a separate ~r?d priwts
exunin~tion by me taken separate and apart from her ssid husband, acknowledged to ar.d befwe me that the executed said iostr~ment freely snd volun-
qrily ~nd without any compulsion, constraint, apprehens~ feu of or from her said hutbu~d,
~ WITNf55 my hand ~nd officid seel this day of A D. 19_~.
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Notary P u in a~d for the St~te of Florida ~t l~r~e
My ~uion expires:
Return To:
Flnt Fadenl Ssvirgs a Loan Auociation Notary PubMC, ltaM Ot l~orlde at Ca~e
,Qf•w~ P»«~. pND RECORDEO ;ny ~ommisc~on Expinc /lu~ 6, 1967
~''p;~,~,-'~~s FI~.E~ ^onded 8y Am~ric~n Surely Co. oi N. Y_
ST• `v~ORp VERIFIED ,
- .1 j . RE CI-L,/""" ~
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CLERK CIR ~
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