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3. To pba ~nd con~inuousiY ka+P on tM bw~dinqs now w Mreahe~ si~wM on ~id bnd tnd c+n ~H puipr+wM M~d pusa+~IN tova~d bY ~Ns na~b' ~
.9~, w~tA ~ pr~.wrm~ ~Mrwe pa~d in fv11, fin inswanc~ in ~ht uswl swdard pol~cy form, in a swn WProwd b1l dw MORTGA(3EE. ~nd ~r~nd~ror~ 1
~nsw+np M tlw uw~l ~tandard pol~cq fonn. N• awn aPProvsd by tlri MORTGAGEE, in sud~ ca~panY w co~P~~a p tM JMORiGAGEf ~wY
duectj and ~N M ~nd vrin~b~one in~w~noe pd~cKS on any of said bui7dw+ps„ any tnNrstit tMrein w part thKwt, h ~l~s yQ~ep+q s~ew~ afa~a+W w
~n ~xaw th~nof. sfiaii aon~ain rM vswl sund«d mpr~tit+pM c?ws~ or such alw~ dws~ as ~M Map+~ n++11 ~p~~~• ~?akinp ti~ ba~ undK ~a+d pd~
c~es. ~ad~ ind wKr. WY+b~ a s~id MORTGAGEE as ~ts inte~est may app+a~. and e+ch and ~very wd? P~Iicy aFull b~ V~a^P~h +~+~9"~ a~d d~iw?ed ~o
.ny lwld by said MORiCsAGEE ~s twtha secwity a uid e+~ortyspr d.Gt. a~i. not I~ss tlwa t~n (10) d~ys M+ ~dva~e oi the ~xpir~tion of ~ad~ ~oliq?. w dr
I~~a to wid MORTGAGEE • nn~wal tMrwf. wpah~r wirh s renipt for tl+~ prwniwn of wch neewalj ~~+d Iha~ shall b~ i+o f~n or wind+twm k+swanc~
PiKld 011 Mlr OI i~~ bt11If~11~l,~ N1Y I11tlf~il NNfNf1 Of piTt 1F1lflOF, unless ~n ~M forn? a~d with tM toss paYab4 as afor~said~ +~+d N the ~wnt aey s~n t
of moMy b~oo~ pa~rab4 w~Jn wch policy o? po~icas a1d ~MORtGAGEE shall I+~w the op~a~ a reoeiw +nd apply tM wn~ o~? +ao~nt of tM ind~bt~d
neu s~tw~d hN~by a to pKeeit said 1NORTGAGt~RS to tste:w atd us~ it ot any psrt thereof fo~ other pwDOS~s. w~+hout tFwreb/ waivinp ot rnp~ir• '
~7+,~ anY puitY. li~n or ~gh~ w+da or br virtw of ~his nar:~: «~d in ~venr s+~d a110RTGAGORS sM11 fo~ any ?eason ta7 w ke~p ~h~ c~id ~anws a
~~iu.ed. or f~il b detiwr A~~P~iY ±^Y of s~W polidss of i~uv?ance ro said MORTGAGEE. « fa~t ~om~b ro a+r fi+~N +^Y Pfemiwn tMnfw w in aMr ,
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r~spect fail b pafwen, di~ch+r~ exeeutR ~ff~ect. comPkta ~Y wirh and abid~ by tha oove~+nt. a any P+n henof. s+id MORTGAGEE m~y plao~ ~nd
Pay fw wd~ ka~ancs a ~ny p~rt thsreof Mnthout w~ivinp a affecti^0 +nY op~ion, lien. squi~Y. o~ ?ght w+d~r or by virtw of tks Mo.p+p~. ~nd tht
full amouro of esch and ~wry wcfi p~ymaM sh+ll bs bnenedi~t~ly du~ ~?d payabb and ilwll bca~ Interest from th~ da1~ d+eaof untU p~id at th~ tab ot
n;ne pK pntum pK anwm and ~oyNha wifh wch i~+t~rat shatt be sec~rd by ths lia~ of this mat~ag~.
4. To pamit. aon~n3t or wffa ~o wa~t~. imp.im~eet w de~erionrion of said proper~y a+r+y pan tM.eof. ;
5. To p~y all and sinpula~ tM coats, cl~pes +nd exp~ns~s. Mclv~ieg a reasonable eno.ney's fee and costs of sbur+cn of titk. i~wr~d or pe~d
•r.y tim- by s~id MORTGJIGEE. bec+vs~ or a+ tht ~vK?t vt ~M failwe on the put of tM said MQRTGAGOR 1o duly. prornptly and fuly pKfonn, d~xhup~
l7cKYT~. ~ff~d. aomPkt~. oanplY vrith and abidt by each and every 1Fr stiputations, ag~eements. cor~ditions. an~.' oown+oq of said pr~t~:sto+Y not~ ~nd t1w :
mon9+~ ~nY a~ithe~. and sa3d oosts. chupes ~nd ~xpenscs, each aed every. sMl) b~ immedia~ely dve and p~Yabl~s whethe~ a not then b~ notic~ d?
mand, smmpl fo oolkct a~ suit p~ndi~gt and tM fvll amowd of axh ~nd every such payme+?~ s1+a11 bear iMenst fwm tM d+t~ tMreof onKl p~id at IM
rete of nin~ pK ca?tum per ~n.we~; and stl said aoats, chu~ea and expenses ir?twrzd w paid, together with suth intK~st, ~all b~ s~wrd by tF~ liwt~ of tlir
mortyap~, .
6, 1}Mt in th~ ~wnt of any brsach of this Mortgaga or def~ull on the part of ths MORTGAGOR, or (b) in tM fVl11f MY OI 3aid tW~1i Of R10My
1+erein nf~~d tr b~ nof p~omptly ar~ ivlly paid within th~rty (30) days e~exf after the sae+e severatly becan~ dw u~d p+yable. without d~mand oc notic~.
or (c) te tl+e ~wnt each +ed ewry the stipuktions, sgreemsnn, conditions and coveewnn of ss~d promissory note and tlus morty+~ +~y or either u~ nol
iuly, prompth aid futly paformed. d7scharped. e:scured, eifected, compkted, c«nplied w~fh and abided by. tlwn in ~i~Mr a any such ~wat tM said ap~ i
0~egat~ swn mentia~! in s+id promisswy note then ramaining ~npa~d, wirh imnest scuued, and a11 maieys secw~d. haaby. ~h+ll beoome dw and pap ~
ab!e fwthwith, a tMreaha, at tM optan of said MORTGAGEE, u fuly and canpletely ~s ii ~tl of the said sums of naeey wert a~pin~lly ~tip~lattd
ro be p~id an wd~ day, anythiny in said p~an~ssory rare « in this Nb.tga9e so rhe coNrary nwwi~hs~andinyr and ~har~upon or the«sfta at rh~ op~im of ~
sa~d N10RTCaAGEE, witlaut notic~ w dem+od. wit ~t taw or i~ eqviy, there(ae or thereafta bcqun, m+y b~ pro~ecut~d ~s if ~II mon~ys a~ar~d Mreby ~
ned manx.d pior ro in i~u~~nnion. ~
7. Th~t in th~ went that ~t the beyinnirg of or at sny time pe.~ng sny wit ~rpon this Mwtga9e, w to fo.sdose h, w to nform h, or b~nfora~ ~
psyment Of ally daima Mrwndet. s+id MORTGAGEE shall ~pply ro ~he tov.~ having ~ur~ad~an ~hersof fw rM ~ppo~nnnam of s ReccivK. wch Caxt sMB
forthwHh appoint s noriver of sa' mortyaged poperty aH and sing~lar, ind.d~ng all and singular the incorn~, pofits, issws u~d rw~nws from wl~sbver
sourcw duiwd, ~ach and twry o~wli~clw, it beinp expreuly understood, is hereby mwtgsged u if speufica!ly aet forth ~nd describd in the Srantinp aed t
habendum dausa hereof, arw! svd~ ReuivK shall have ~II the broad and effective funct~ons and powen in ~nywise entrvsted by ~ Court tp ~ Reo~ivtr. ~nd
~:.ch appointment ~MII b~ rrwde by wch Cowt u an admittcd equity and ~ matte~ of absolute right w s+id :NORTGAGEE, and withow refer~~ ro th~ :
edequ~cy w irwdaq~acy of tt~e v~lw of the prope~ty morty+ged or to the sotvency or insolve*+cy of sa~d MORTGAGOIt a tM d~fendants, and tMt sucl~
renrs, prof9ts, incomo, issws and ~wenues shall be applied by fYCI1 RKHVN ~ccord~ng to the lien a pvity of said MORiGAGEE and the practica of wch
COUff.
8. To dvly, pempty ud fully perform, dachsr9e, e:ecute, efiect, comptete, oon?ply with and sbids by sad~ and weiy th~ sfip~latiora„ ayr~nts,
conditioro ~nd coverw?ri in said promissory note and this mortgage set fwth. '
9. That in tM evant the ovvnenhip of the mOrtgayed pre+nises, w any pstt thereof, betomes vest~d in ~ ponon other than the MORTCsAGOR, ths
htiORTGAGEE, its wccason u?d ~ui9ns, m~y, without ratice to the MORTGAOR, desl witF~ such avcussw or wcc~s~or in u~terast with refereno~ ro this
mortga~ ~nd th~ debt hereby secu~ed in iM same mar~sc+ as with Mortgagw withow in any way vitistirg a discMr~~rg the Mort~sqws' li~btlity herr
unc+er w upon tM debt h~rsby secured. No sal~ of the Fvemises hereby mortgaged and no fcvbearancs on the parl of the MORTGAGEE ot its avccessors '
o. ass~gru and no extensio~ of the Yune fe: the payreent of the debt hereby secured given by the MORiGAGEE a in successon or ~ssi~ns, sh+~~ op~r+t~
ro rNease, dischupe, modify d+u+ge or affect the original liab~liry of the MORTGAGOR herein, either in whole w in psrt.
10. It- is ~pec~fically ayread tMt time is of the ess~nce of this contract and thst no waiver of u+y obl'~yatwn hereunder or of tM obli~ation -
cured hareby shall ~t any time tl+ereafier b~ held to be a waivN of the terms hereof a of tM inst~u~ncnt sscured hsrby. ,
l I. In add~tion to the fwego:ng momhly payments of prinCpsl and interest required by the p+omissory rate secured hereby, morlpsyor oownanb
and ay?ees to pay to mort~agee with esch montMy payment an add~rional sum estimated by matgsgee to be eqwl ~0 1/12 of ths anw~l cott of th~ fdlow-
ing:
A-All real property taxes kvied or assessed against the above described real estate.
B-Premiums on firs and windstotm insurance as herein requ~red ro be carried on the improvemtnn situste on the above dtsaibed premisss. ~
C-Premiums on svch mortgsgs ywranty inswance as mortgagee shal! from t:me to time deem fit to urry on tM ban sec~red hereby. t
Mort9sgee shall from time ro time norify mortgagw in wriring of the amov,~t due and p~ysbk hereunder and suth wm shall thereupo~ b~ dv~ ~nd i
~ Fnyable on ths due date of the next monthly_ payment and each successive monfh thereafter ur,til mortgagee shsil ratify mortgsgor of ~ chsrg~ in such t
a^~ount. Such wms shall b~ applied by mortgagee toward tFx paymcnt of real proErcrty ts:es, inaw+nce prem:ums. ~nd martysae puu~nt~r,a~sur~?ce i
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premiumf. ~ - - ._.:t~ „ ~ ; ~ :
IN WITNESS REOF, t said MARTGAGOR has hereunto set his hand and seal the da and yesr first ~foraaid. . ~
~ of_ HARR~~ CO~t3TRUCTION COR~~t~~'i'YO~:~'~::
~ ' B~ W ' = ~
~ ~ - Attes • ;
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STATE t~i- FLORiDA ~OUNTY OF ST. LUCIE ~ ~
I HERtBY CERTIFY, That on this c~°~ ~ay of November , A.D. 19~_, ?
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before me persona~tX"appoa~r~d william W. Harris a~ Franklin A Harris ?
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respectiv~ly''~; F'~sident and Seuetary • ~f ;
HA fi~ 'CONS R[~`I'IQN CORPORATION , a Floride Corporation, to me ~
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lcnov~tn~o brf~ie p~rsqps-.elesuibed in and who executed the foregoing instrument, and severally acknowledged the exe ~
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cution~t~iergqf to be t~eir'free att and deed as such off~ters for the uses and purposes therein mentioned; and that they- ~
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~ aff~xer~~~tFierefo ~he ~fficial seaf of said oorporation, and the said instrument is the act and deed of said oorporation. ~
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WITNES~ my iic~ ~r'id.o#icis! seal at Fort Pierce , said coun and state. j
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~ ~~~p AND RECOROEO Notary Public, ' and for State and Ccunty aforesaid.
~'f, t„LIC~E COUN?Y. F1-A?• My ~miuion Expires:
P.ECOR9 VERIf1E0 Notary ~ubNc, !talQ o~ ~rda at L'arBe
Nly Commission ExP+s~ ~~s of ll. Y~ ~
1501~3
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~R ~ t71T~Ns ~
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- ~ ~ooK 159 ~~f 432 - - . ~ '
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