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Home My WebLink About1497 ~ _ To pl~a and aa?ttrwouslY ke~P a+ th~ buildin~s now a hKwft~r Wtvaw on s~W land and on ~11 ~quiMmtu ~nd pK~h? oownd b1? 1Ns nwrq' p~, w~th dl pr~mi~eey tMr~on p+~d in fu11, (in insw~u in tFr wwl s~andard polky fo.m. in ~ w~n approwd bt? -tM M~ORTGACrEE. and w~~Mtan~ tniwana In Nr wwi uandrrd pdKr fain, tn ~ swn +Pwowd btl tM 1NOkTGAGEE. in wch comP+nY a canpani~~ as tM MORTGAGEE m+y dv~dr a~d dt fi?~ ~nd winds~oan inwr~na polic;es on any of ~std buwldinp~„ any hN?K~ ttNr~in w p+~t tiw~wi. in ~M +~w+i~ wn? ~tonwid or fn ~xast Nw~of. ~I~all cont~in tM wwl stand~rd ma~9+p~ dauN a wch alwi davw as tM MatppN m+Y n4u~ni, ~?+?tnp tM lofa u~xiu a+id po1E ciss. ~ach and w.ro. wr•bl. w uid MOrtiGAGEE a in in~aros~ maY app..r. and a.ch snd .v..y wch PDikY ~I++~I b~ aa^W1y +~.~d .nd de~iwnd ro ~ny h~ld by said MORTGAGEE a(wtlw~ secv~ity ro ~aid mortp+y~ debt, ~ntl, no1 Ita th~n Nn 1101 days in ~dv~no~ of th~ exptration of t~ch polkl?. to d? I~wa ro~id MORTGAGEE ~ nmw+l therwf, 1op~~hw with • ncNpt for Ihi phmiwn of wch r~new~IJ ~nd ~Mn stwll. b~ no fin a windswrm M+swanu plac~d on ~ny of said buildinps, ~+y intK~st tMr~in a p~rt tMrwf, unlesi tn th~ Mrm and whb tM loa payaW~ a~ aforewldj and tn th~ ~wnt any wm of mon~y bacoenM psyabl~ w+da wd~ poUcy a poGci~s s+id MORTGAGFE shall Mw tM op~~on to receiw u~d ~pply tM wn~ on acoount oi tM ind~bqd~ neu ~x~d I+Kaby a b pumN said MORTGAGORS ro reo~iw and us~ B a u~y put ~henof iw othe? pwpww wilhout ~ha.br waivG~y or imp+i.- ~nq anY puiry. li~n or rght w~d~r a by vGtw of Mia mort9ay~t and in tM ~veM said MORTGAGORS sMll fa any hason f~il to kkp 1M said pnmit~ ~o in~ured. a f•11 b d.liwr P~a^+Mhl ~ny of said polkas of inswana ~o s.id NIORTGI?GEE. a. f~~~ p~omp~y a Pay fu11y ~ny ~«n~wn tMr~fo. or in ~ny respM fail b pK(wn4 fiischu~. ~x~cvt~. ~Hect. canPl~t~. comPh wtth ~nd ~bW~ bp thl~ oovee+M, or '+eY P+rt MhoF. ~+id MORTGAGEE m~y pl+a ~nd P+Y for such tiawanc~ a sny p~rt rherwf witAout waivinp w aff~etinp +nY ePtfon. U~n, w~+ib. or ripM ~nd~r or bp vtrh» of Mb Mat9sp~ ~nd the full aenarnf of ~ad~ and ~wn? wd~ p~ymenf sMlt M Gm~liattly dw ~nd pay~bb ud ~MII bear intK~tt fioa~ !M d+N.tMteof until p~W at th~ rah ol ~ nine p~r centwn pK aruwm and toptther with wch interest sMll b~ s~cwed by tIN IiM of this n+ortppe. ( 4. To permit, oam~it or wffM ~o w~ste, h+p+irmtnt o' d~tNaration of said property a+ny p+N 1Mrwf. S. To pay al) and sinpular th~ costt, clwp~s +nd ~xpe~ws„ ~k'~^~ s reuon~bl~ sttomey's fN and ~wts of sb~nacts of titb. L+wrnd or paid u any ~~me by said MORTGAGEE, bcws~ a in th~ ewnt of th~ fsilun on tl» p+~t of the said MORTGAGOR w du1y. prompthl ~nd fi+lh? P~fam. d~xl~rya exauts, eifecf. compka. comply with and ~b~d~ bp e~ch and every the stipulations, ayree+mems, ca+ditiona, and aoweants of said promiswry ewt~ and thit ~ mortype amr a ei~hN, and s~id oosM, cM~s and ~xpen~es, eacl+ uid werr. ahall b~ 6~vn~diatey dus u+d payabt~t wheth~r w nof tMr~ be ratice d~ ~ mand. am.,~p~ w oollec~ w wn p+ndinyJ .nd rhs ivU .moun~ of ..ch ~nd wary such p~y~nent shall be~? int~t~st itan tM daN flwnof unNl p~W tl/M •ate of nin~ psr centum per arawm; ~nd all safd cos~s, chuyts s~d txpens~s intwr~d or W~d. topttha with suth Inta~tt, iMll b~ a~cw~d by tIN lim of thb mortpa~. 6. 71+N (a~ to th~ eve~f of aey brsacA of this Mat9ap~ or d~fsult on tFr part of ths MORTGAGOR, O? (b) I~1 tIM ~VM~ MY Of M~ ~YMt D~ 11W~My herein nhned ro bs na prompty ~nd (uty patd within thirty (30) days next ~he? tFw same seversly bscar~ du~ uid prysbt~. withoW demand o~ notb~. or in the went each and ~vKy tM stiputat~ons. +prNrnent~. condYions snd ooveiw~b of saKl promiuwy not~ a+~d this matpay~ any or ~ithu ar~ no1 iuty, promprly and fullY pKform~d, disch~r~ed, exea,qd, ~ffected, compl~ted, oomplisd with and abided by, th~n in ~itl~ or any wd~ ewM tM s+id a~ yrc~gat~ wm mMtantd in said promiswry noa tha+ ~inieg unpaid, wirh ina.e~t scuued, and all moneys sKwed iiu~by, atwll b~c+am dw ~od p+p ~ eble forthwith, w theresher, ~t the option of said MORTfaAGEE, q fully and complstely as if all of the tsid sums of money vwre wipinally stipulated ~ ro be paid on such day. anythirg in sa;d prom~uory note or in this Mort9+Ce fo tM con~r~ry notwitMfandinp; and thKeupon or thereaha at th~ op~ion of i se~d MORTGAGEE, withoW notice a demand. wit at law or in squi~y, ther~fore or theraa(ter be9un, may b~ prosecuted a if ~D moMys a~tund Mr~by nad manx.d prwr ro~n tnst~n,rion. 7. il+at in N» ~vent ths~ ~t ~he beginnirg of a ~t any turw pendinp any wit upon tha Mort~age, or to fweclow h, or to nform h. w fo ~nfwa payment of ~ny claims hereunde~, wk! MORTGAGEE sAall apply to the Coun hsvinp jwisdiction thereof fw the ~ppointmMt of a R~ceiver. such Ca?n fhill fonhwith appoint • receivK oFsaid-mort9aged property all and sirgula~, includmy all and singul~r ths iocon+e, profiri, bsws and tw~nues fran what~v~t source dtrived, eath ~nd every of whith„ it beinp expreasly vnderslood, is hettby mwtgaged ss if speti(iuNy set forth u~d dsstribed in tM ~ta~tinp and hebend~m clauses I+ereof, and such ReoeivK shall M~e all the bosd and effective funa~ons and powers in anywiss entrusted by ~ Ca?rt tp a Recsiwr. ~nd ~uch sppointmer?t shall be made bp wch Cow~ as ~n ~dmitted equity ~nd ~ m~tter of ~bsolute right to tsid NWRTGAGEE, and withoul rsferMp to tM edeq~acy os ias~equsr; of tler wlue of the property matq+ped or to the soNency w insotvency of ~aid N10RTGAGOR a the def~nd~nta, ~nd th~t such rems, profits, income, issues snd revenuss ~hsll be applied by such Receiver according ro tha lieo or pui~y pf said MORTGAGEE and~ th~ practia of such CouA. ' ' 8. To dvy, p~~omptly and fvly parform, discharye, executa. effact, oompkte, complY with and ~bid~ by Mch and ~wry th~ stipulatiora~, ~pn~maNs, cond~tions and covenann in said promissory rwte u~d this monya9e set forth. 9. That in tM event tM ownership of tF~e mort9+ped Premises. or sriy part tlxreof, becomes wstd in ~ pKton othar tMn th~ MORTt3AGOR. tM MORTGAGEE, in wcces:o.s snd suig~?s, m~y, wi~hour norice ro ~he NWRTGAOR. deal wi~h such wcceua a woo6ssor in i~+seresf wi~h refer~nu to this mortga~e and the debl hereby secured in the same msnner as with Mortgsgw without in any wsr vitiat&g w d'~scharpiny the Mortqayo~s' 1Lb11ity Mr~ - u~dcr or vpon the debt hereby setured. No sale of the premises he~eby mortgaged ~nd no forbtawnce on tM part o( tM MORTGAGEE w its s~+otasws or assgns and no extension of the time fa the payment of the debt hereby secured ~iven by the MORTGAGEE w,~ts svctessors w assip% shall op~r+t~ ~o releass, dixharye, modify ch+nge or affect the original lisbiliry of the MORTGAGOR hs~ein, either in whole a~ part. - 10. It h specifically agreed that_ time is of the essence of this contract u~d that no waiver of uiy oblgation hsreunder or of fh~ obl~tion ss- cured hereby sMll at any time thereaher be held to be a waiver of ths terms he?eof or of the inst~ument secured herby. 11. In add;Hon to the forego:ng monthlY paymems of princ'pal and interest required by the promiss«y note secured hereby, mortyayoi oown~nri and agrees to pay to mortgagee with eech monthty payment en sddirionsl sum estimated by matg~gee to be eqwl to 1/12 of the annwi cost of tF» fdlow- fng: , . . A-All real property taxes kvied w asxssed agai~ut the above described resl estate. 6-Premiums on tire and wir~dstotm insurance as herein requ~red to be carried on the improvemenh sitvate on tlr ~bOVO described pramises. ( C-Premiums o~ s~?ch mort9age yuaranry inswance as mortgsyee shall from t~me to time deem fit to tarry on the lwn seeured hereby. - f Mortgagee shall from time to time notify mwtgagor in writirg of the amount due aod payabk herevnder u~d suth sum shall thereupon ~ ~ ~ payabte on the due date of Ihe next monthly payment and each succsssive month ti+~reafter until matgagee sha~l nofify mortgagor of a c~ ~ ~ ~ amount. 5~?ch wms shall be applied by mortgagee toward the paym~nt of real property taxes, inwrance premwms, and mortgipe ; pu~nly~/i~p~~1 ~ p~emiums. ' ` •••~~M~N~~• f , C' IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and yea t ~for~ssid. ~0:~- t~'~ ~ ar~d iwred tl+t of: S ~ ' : , .,•-c f - _ 't _ - : ~ y~, . ~ _ n . - - - - - - - - - - - - - - - - f T; • ~ ~ . ~y.-.~~ - - - - - - - - - - - - - , ~ : . STATE OF FLORIDA COUNTY OF ST. LUCIE = I HEREBY CERTIFY. That on thi ~ ay of , A.D. 19~, before me personally appeered ~11Y Hell fii~ respettively President aAd' 3~sereta+~~ _ Kelly Construation Company a Florida ~ , ~~'~~i~~p''"~, ~~.`:Y1 . known to be the persons desaibad in and who executed the foregoing instrument, and aeverally ~d~9~ cution tfiereof to be their free act and deed as such o~aen for the usea and purposes therein m~+~Q~d:~ ~'~d ~Y:.•. ~ - 7 - ~ ati • ~ affixed N~ereto the offidal seal of ssid oorporatien, and the said instrurrier?t is the act and cleed gf, ssid a3~P~ 4D•: _ said aouMy nd state; O t) `NITNESS rr?y hand snd offidal seal at Fort Pieroe • ~',~5- •••,•J - i Notary Public, in and for State and Coun~y efo~esaid•• P1LE0 ANd RECOROEO My Commission 6cpir~: sT.-LUC~E covr~Y. F~?~ ~ r~t~? s+a~ ~f ~a. C~ RE C 0 Rq ~I ~r~ ~y ~s;a, Expices No.. 3, 3~O / .L~ ~ w.a.a sr _ c...++~ r ~'6T APR 3 t0 : 22 n~vEARn POIYR^%~S'1 r~ ~~K 1.~1{~~'~ yOV~~ ~ . . - - Q b ~ x~65 ~a~~1493 ~ ~ ~ ` ~ r~~i~' _ _ ~ _ _ - - - ~y