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Home My WebLink About2588 1. To plaa +nd continuously ks~p on rM bu~idn?Q. now w hi.~a~ vtwh on s~d ~and ~nd on all equiprnent ~nd pKSOn+tN oo~n~ed by ~s ~nor+4.- p~. with ~11 prNnwwa tMcwn p~~d in ful1. fin insurance ie tM uwal srandard pol~cy form, in •;wn app~owd by tfr MORfGAGEE. +M! wind~tam insur~ in th~ vsual sunda~d pot+cy tara. in a swn app+oved by the MORTGAGEE. in wch ca++p+nY or cacW^~~s +s tl+~ kWRiGAGEE wuy c+s~ect; and ~11 fin ud wted~tonn waw~nu polKies on any of said bv~id++ps. ~n11 w+Nr~ thcrrn a p+~t ~herwf. in tM a~yrs9+~~ sw~ afaaaid a 1n ~~qp tlKnof. sh+ll eonain rM vawl sandard maegagk c~avs~ w sueh o~Fn. Nau~ as tM 1Mortpa~es m~y requ~n. e++?ie~ t!w bss ~nda+ sa~d pd4 c~es. ~ad~ ud ~wry. WY~ble 1o said MORTGAGEE u iq ineerest may ~ppaa~. u~d each and ~rery svch poliq ~nail b~ prompdy ~s~ qned «+d d~ini:ed w ~ny hdd by iaid MORTGAGEE ~s fwtMr sscwiry ro s~id m«t9age aebt. and, nw leu than ten l10) days in ~dvano~ of 1ho •.piratan of e~ch policy. 1o d~- ~ G~•. ro wid MORiGAGEE ~ raeKwal rherwf, to~rMr wi~h •.eu;p~ f« U+e p.~um oi wch rMewal; and ~here ~haU be no 4u~ a wir?ds~o~m iawranc~ , plxed on ~ny of said buil~rgs, ~ny in~aest thKHn a put thareof, V~1IE33 ~n ~h~ fwm u+d wi~h ~I» bu payabte u ata~said; and in tM ~wn1 a~+y sum of mw»y becoen~s pay~bb w+de~ wch pdicy a pol~ciss said MORTGAGEE shall Mw th~ oprion ~o receiv~ and spply the s+me o~ accow~~ ot tM ind~b~ed- nesi •ecw.d hs.~by o. w p..m~~ s+~d MORTGAGORS ro reoeivs ~nd u~e N a any parf thcreoi Iw othcr pu~poses, w~~hout ihreb~ .vaivi~g a~mpa'a- inq any puify, liu~ or right unds~ or by viAw of this mortys9e; ~nd in tM tven~ sa~d 1NORTCsNGORS s!?aU fw uiy ~eason taif ro keep ~he said p~emisas so inavr~d, a fail a delivs. p~an4?tly any of said pol~cics of inswance ro sa~d MORTCaAGEE, w fa~l prompdy ro pay fvlly ~ny prem+um therefw a in any rosp~ct fail b pKfw~n, dachary~, ~x~cut~ ~ffM, compNt~, comply wi~h ~nd ab~de by tlws corenant, a ~ny put M~eof, said 1NORTGAGfE may pl~oe ~nd pay Fa wd~ imwano~ o~ any pirt tl+Keof w~rhout w~ivinp w ~ffacrinp any option, li~n, eq~~~y, o~ ~~yht w+du a by virtw of this Mort~a~e, u?d thc full ~nwm~ of .ach a~d w.~r wd+ P+y~«+~ sh~u b. ~cdNreh dw s~+a Payaeis u~d ~?eu e.u M~aes~ from rM daa thereof un~il paid a1 tM rat~ of n~ne pK untvm pu arr?wn and to9etha wifh such inte.Kt shatl b~ secwed by tFw tien of th~i mort~ape. i I. To pe~mi , oonrnit or wffu no wastt inpairment a deteriaarion of said prope:ty or any put thereof. S. To pay all ~+d sirgulK tM costs, ch~~es u~d e:penses, includenp a rcasonable uianey i fee ud ooses of ~bst~xts of title L?cw«d or paid st any time by said MORTGAGEE, b~cwie w in the event of the failure on ~he put of ~M said MORTGAGOR w duly, p~anptly and ivlly pe?fwm, d~scharqR execuq, ~ffect, oon+P~~~~, comply w~fh and a4:de by ewh and every t1+e st~pufatioas, ag~ee.rKnts. cond~t~w?~ and eown+nn of sa~d promiuory i+ote and thw mor~9+p~ ~ny or e+~her. and said eosM~ chugcs and eap~nses, each and ~vKy, shall b~ inrnediatety due +nd pay~blr, whether a not ~hae be ratice dt mand. attempt fo oolkct or wit pend~.y; +nd th~ full amount oF each and rverY wch payment shall bew intar~sl from tl+~ date thtreof until p~id at the rare of nfne pe~ centwn per ~rnwm; and all said cosn, clWrges and e:penses incwred or paid. together with wtfi inqrest, s1~a11 be secured by tM lie~ of thia mon9+~. 6. iM~ in th~ event of any brcach of this Matgap~ w defwlt on tlr pa?t of the MORTGAGOR, a(b) in ths event aey of sied swns of morwy here~n .•farred ro ba na P~o~+Piy a~d fu~y pa~d within tA'uty (30) days next after t1+e same severatly beca+~e due ~nd payabk. withou~ demand or notic~, or (c) In the evsnt each ~nd evKy tF+e stipulatio~s, agrermcnts, condifions and covee~nn of ss.d promissory note snd this mwtg+9e aey or ei?I+er a~e no1 ~uly, promptly and fully pe~formed, d~scF?uged, execvted, effected, compkted, compl'~ed with ~nd ~b~ded Sy, tMn in eithe? a any wch ~wnt tM s+id sp~ ~ pregate swn mentanet! in said promissory note then remair?in~ unpsid, with in~e~est ~cuucd and a11 ma~eys ~ecured hereby, sF?~II becon+e dw ~nd pay~ at;• fafhwith, a thereaRa, a~ the optan of said MORTGAGEE, u ful~y and complNety u if ~It of the said sums of money were aipinal;r stipviated , ro be pa~d oe+ wch day, anythi~g in ss:d p.omwsory noro o~ in this Matgage to Ihe conna-y notwithsqndi~; ~nd there~pon a theresfter at the option of ` said MQRTGAGEE. withouf notic~ or demand, wit at law or in equiy, thereFwe or thereaficr begun, ma~ b~ prosecuted as ii ~II moneys secv~ed hereby had mahx~d p~iOt to ib imtilution. - 7. ih~t in fhs ~vent that at the begiMing of a at srty time pending any wit vpon this Mwtg~ye, w to foreclos~ it, or fo refam it, a fo e~fwo~ paymcnt of any daims h~reunder, s+id MORTGAGEE shall appty to the Court having jur~sdkran thersof for ths appo~ntment of ~ Receiva, wch Court sMll forthwith appoint a reteiver of ss' mortgaged prope?ty aU snd iu+gul~r, includ~ng aIl and singular t!ro income, prof~ts, issues ar~d revenuef from whafev~? wurce deriwd, esch and srtry ~\YIIiC~, it beinp expressly understood, is hereby mortgaged +s if tpecifically set forth and described in the pranting and habendum da~ses hereof, u~d wch Receiver sh~Il have ~II ~he broad a~d effedive funct~o~s and prr.•.rs in anyw~u entrusted by a Cowt ty s Receivs~, ~nd ~;,ch appointment shall k» made by such Court u an admitted eqvity and a rryner of abwlure rigAt to ~aid MORTGAGEE, and w~thout reference to tl+s edequacy or in~deqwcy of the value of the property mortgag:d a to the sotvency a~nso~~ency of sa~d MORTGAGOR a the defendanri, and that such ren», profits, incans, iawes snd revenues shall be apptied by such Receiver xcord~ng ~o the lien w equity of s~id MORTGAGEE and the p~+ctiq of such Court. 8. To duly, promptfy ~nd fully perform, d'axFwga, e:ecute, effect, complete, comply with and abide by esch aod every the stipuktans, sgrsements, condirions ard covenanq in ssid promiuory note and tlw morfgage xt fwth. 9. that in tM event the ownership of tM_matgsged premixs, a u~y pan thereof, becornes vested in a perso~ other than the MOR'GAGOR. tM MORTGAGEE, itt auccessars and aasi9ru, may, witfiout notice to the MORTGAOR, deal with such wccassa or successor in interest with reference te this mortg~ge ~+d the debf hercby secwed in the same marvKr as with Morfgagor without in ~ny way vitiafing a d~stluryirg the Mortgagws' lisbiliy hsrr ~~der or upon the debt hereby secured. No wle of the premisea hereby m«tgaged and no iorbeuance on the part of the MORTGAGEE w its successors or astigns and no eatensia+ of the time fw the psyrrKnt of the debt hereby secured g'~ven by the MORTGAGfE or its successors w suigns, shall operats ro releass, distFrrye, rradify d~snge or affect the aiginal liab~liry of the AhORTGAGOR hcrein, either in wl+ok or in put. 10. It is specific~tly agreed that tune is of the esxnce of this contrxt and that oo waiver of any obligatan herevnde~ o? of ths obliy+Yan se- cured hereby sMll at ~ny time thereafter be held to be s w~iver of the terms hereof w of the instrurtetnt secwed herby. 11. tn add~tio.~ to the forego:ng monthly payments of princ'pal and interest required by the prom~ssory. note secured hereby, mortgagor cove~ants and agrees to psy ro mortgsgee with esch monthly payment an add~r~orwl sum estimated by mwtgagee to be eqwl to 1/12 of the a~nual coat of the fallow- ing: , A-All real property taxa kviEd or assessed against the above described real estate. B-Premiwns on fire and windstorm i~surance as htrein requ~red to be ca.ried on tlx improvemenri sitwte on the above described prerti~ses. C-Prm+iums on wch mortgage gwrany insuronce as mortqsgee shail irom t~me to time deem fit to carry on the loan secured hercby. . Mwtgagee shall from time to time notify mwtgagor ~n wris~ng of the amount due and payable hereunder and such .wm shail tF~ereupon be due and Fayabte on the due date oi the ne:t monthty payment a~d each successive month thereafter ur.til rtartgagee shall notify mo?fgsgo~ of s char~e in wcK ~ a~:ount. Such wms shall be spplied by mortgagee toward the payment of real property taxes, irnvrsoce prem:ums, and mortgage ~~prslify ~~Mbrepce premiuml. ~ ; . 1' ~ ` ` I IN N i E he said MORTGAGOR F~as hereunto set his hand and xa) the day and year fint sfwesaid. ' ~ f !hr in the presence of: ` a~ . _ - i Kell struct '.=C ~ n~~ r. - g . _ _ ~ ' ~ - ~ 3~ s ~y ~ ~ _ . _ _ a " " . _ _ ~ ~ ~i . . 4 . ~ . ~ I . ~ ,1 STATE OF FLORIDA COUNTY OF ST. Ll1CIE ~ ~ ~ I HER~BY CERTIFY, That on thi day of DecembeP , A.D. 19 66 ~ ~ before me personally appeared Kel1V Hall a~c ~ ~ respectively President xiW~ 9mt~x0y , of ; _ Kelly Construction Company , a Florida Corpo~ation, to me j known to be the persons described in and who executed the foregoing instrument, and severally acknowledged the ex~ ~ ~ cution thereof to be their free ad and deed as such officers for the uses and purposes therein mentioned; and that they ~ ~ asfixed thereto the official seal of said corporation, and the said instrument is ihe act and deed of said co~poration. - WITNESS my hand and official seal at Fort Piesce , said oounty and state. - ~ i~~ i~, ~ FILEO ANO RECORDED Notary Public, in and for State and CountX aforesaid. , ST. LUCIE COUNTY. FLA. M Commission Ex ' RECORO V~ IFIE~ y ~~ary R:~.l:c. Sia:~ f?~: da ~t~la~;~ _ . ~ ~ tAy Com.~.i5i{;8 Ex~xes ~ioY. 3, 1';~~_ : - ~ E..al~d 51 Ar.enao i.r~ G..as~{Y Ca. ' V. y- - ~a c ~ ~3 -PI~ 4 : u 1 3/~ - . r. ~ ` . ; 15i ~03 / 9 ~ ROG~R POITRAS . ~ - CLERK CIRCUIT COURT ~ _ ~ ~ 600K ~6~ PACE ~pe5 ~ ~ ~ - - - _ ~:~.~:~.~-~.z _ _ - - - - ~ ~ „ - ~ 4~ . ~ = ~ . . ~ ~.>,a.3.. . . ~ . . . . _ '