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Home My WebLink About0057 . ~ . • : I ~ To plau and oontinuously kNp on tM buildieps now a her~aha wtw» on s+~d Ianc! ~nd on ~U aqutpn~m ~nd p~noeally oow?~d by thb I q~, witb ~11 p~miwew tF~uwn paid 1n fvU, fFn lnsur~nc~ in tM ~swl ia,~dard policy form. in • suen approwd by N~t MORiGAGEE, aBd wind~m j insw~na tn tM uswl stand~rd pol~cy fain, in • swn approv~d by tM MORT('sAGEE, in wch company a tomp~iN as Nw~ N10RTW1GEE n~~ t dirMj and ~II ftn ~ed windstam intwano~ poticies on any of said bvild~s, an~ iot~nst tl+erein a pWt tlwwf, b th~ .~~b ~wm ~faaaid o? M~xpq tMnof. shsll cont~in tl~ v~wl standard mort9a~e dav~e a such aha d+uu u tiN Mpt9+~ m+Y ~qvin. m+khp tM ioaa u~i~~ ~+id Po1F ciy. wcb ~nd ~wry. Wy~bl~ b wid MORTG/1GEE ~s in intere~~ m~y +pW+r, and exh u~d ~very such policy shs8 M pranpNy u~:qn~d and dNiwnd to ~ny MW dy saW AAORTGAGEE p fwtM? iscurity to ~aW monysy~ debt. and, not I~ss than qn (10) days te ~dv~na of tM ~xpiration of Nch policy. ro d~- IivN b ~aid MORTGAGEE • r~wal th~nof, top~~hu w;~h • ret~ipt fw tM prtmi~m of such r~walt ~nd d~~ ~II b~ ~a fue a winds~orm Gawanc~ - ptaud on any o~ s~id butidinpt, sny Inttrqt ther~i~ ar part tFwrsoi, unku in ~h~ form and with tM bsa payabl~ as ~for~saidJ snd in tM twM ~ny wm of mon~y bKpn~t p~y~ w~da wch po~ky a pd;chs sa;d MpRTGAGEE sMll haw ~M option to recsiw snd -sppFy tM wn~ on aao~nt of tM kd~btd~ rwss s~cw~d ha~by a a p~rmit s+id MpRTGAGORS to receiw ~nd usa ff a•ny pa?t thereo( fw othe. purposes. wiihout the+eby waiv;.~ a unpak- 1nQ anY pulry. IIM~ or ripht vnda or by virtw of this mortQpet and in tM ~vent said MORTGAGORS ih+ll tor any reason fail to aeep the ~id pnmises so inavnd, w f~ll w d~liwr promptlY ~?y of said polici~s of insuranu to said MpRTGAGEE, « f.~~ ao+~rh ro wr ~~h? +~Y P~~m tl~ttar or in any nsp~cl fail b pKforny dischar~. uc~cut~ ~lftct. corr,pl~ta. comply with and abide by this cownanb w any part hu~of, said MORTGAGEE m~y plau aod WY sud~ 1mw+nc~ or +ny part tlwrwf without w~iviny a ~ff~ctinp ~nY optioe, li~n, puity. o? rpht undK or by virtw of this Mortpap~, ~nd the full ~mou~u of esch snd wKy wch p~ynnnt shatl b~ inrned'wt~y dw ~od payabt~ snd shall bear intsr~st han tM dat~ the~eoF until paid ~t th~ r~» ol nin~ p~? pntvm pK aMwm ~nd tpp~thN with suth i~terest shall be secvred by tM litn of this matpsp~. To ptrmit, oomadt_or wffa no wut~, kopairm~nt a d~teriowtion of s~id propsny a~ ~ny put tharwf. 5. To pay all ~ad sinpula tM oosh, chu~s and e:p~enes, iocludirg • reasorwbfe atto?ney's fe~ ud costs_ of ~tracn of Htl~. incun~d a psid ~t ~nY tie~ bY said MORTGAGEE, b~uv~e a in tM went oi tM faitwe on ~hs gan of tM saW MORTGAGOR b duly, promptly ~nd fully pKforny diuMry~ ~xecut~, ~ff~et. oanpl~a. caeply with and ~b'd~ by ~ach and every the itipulations, ayroements. conditions u~d oown~~b of said promisiory ~oh ~nd thi~ +nortp+p~ ~ny w~irh~?, and uid aosts. cMr~s and ~xpeese~, NcF? and evay. shall b~ inwnedia~ely due ~nd p~yabl~t whetMr or not ~Mn b~ ratic~ d? ^++^d ~»tmpt to co11M a suH ~nd'nps ind t}~ full amount of each and every such payment shall besr inter~sl fran fM da» thsreof vntil p~Id N tM ~at~ of nln~ pK centwn per snnwn; and all said oosts, tFwges.u+d expens~s incw~ed or p~id, togetF?er with wch intKUt. shall b~ secvr~d by tlr li~n of thY mutp+~, 0. TTut (aj in th~ ewnt of arty braach of fhK MwtQsy~ a default on the p+rt of the MORTGAGOR, o? (b) in th~ waN ~ny of ~aid wms of nwe»y herdn hfN~~d to b~ oot promptly and fully p~id within thirty (3p) dayt oex~ shea the sams severally become du~ and p~yaW~, without dem~od q notit~, or (c~ G~ th~ ~v~m ~ad? and ewry the stipvlations, sgreeenents,•conditions snd ewrenann of sa~d p~omissory ~a +nd tlus mafpay~ ~ny a~ith~r an no1 iuly, Pn..r.~ry .~+d fv~h P..fo.m.d, d~u~d, execv~ed, effected. eomP~e?'d. complied with and ~bided by, thee in ~ithe~ w u~y wch ~wnt th~ wid aP I prpah wen m~ntio~d in s~id promKywy nete then remaininp unpaid, witF~ interesl xuusd. arnf all ma~ty~ ~.cured. her.bY sMtl b.aan. dw u,d par ~ble fortMvFtly a thenaftN, at th~ opriw~ of said MORTGAGEE, +s fvlly a~d completey as if ~II of the w~d swes of ~na~sy wsre agin~lly ~tiputated ' fo b~ paid on wch day, soptMn~ in sa;d prom;ssory note w in this Mortgage fo the contrary ~otwithst~ndinp: ~nd fhKwpon p iFMr~aftw at th~ op1'wn of ~ usd ifAORTGAGEE, witlwut notio~ or de,nand, wit at taw or in puiy, thersfore w thsreaher be~un, mar b~ prosecuud as lf all mornys s~cund h~r~by f A+i! auA+ttd pr'wt M i1f i~stitution. i 7. Th~t In t1N w~nt that ~t th~ baginning of w ~t ~ny tims pe~ding ~ny suit upon this Mort9aye, or to Ionclok h. a to nfonn k. or to a~fap P+r~nt of any ddms Mr~r. sa(d INpRTGAGEE shall apply to the Coun haviny jurisdkrion thereof for th~ appointment of ~ Receiva, such Cowt shrll fwthwirh ~ppoint a?euiw~ of sa~ mott~a~ed propeny all and singulu. includ~ng all s~d sing~lar the incorne. profits. issues uw nvMVes from wFutw~r wura deriwd, Nch and ~v~ry whicFy it beinp expreuly undcrstood. is hereby mortgaged ~s if specifiully set fonh and dewibed in thi prantinp and habu~durn dausa her~of, and wd~ Reoeiv~ sh~ll haw all the brosd and effecrive funct~or~s and powers in snywise entnnted by a Court t9 a Receiwr, and ` such ~ppoietm~m shall be made by w~h Cax~ u an ~dmitted eqviry and e m~ne~ of absolwe right ro said MORiGAGEE, u~d without nferenct to th~ ~ adpv~cy p in~deq~acy of th~ vatw of the properry mortyaged or to the solveecy or ;nsolvency of ~aid MORTGAGOR or th~ defendsM~, u~d that such ~ renra, profit~, incane, issues and revenues shall bs applied by wch Reuiver accordinp to ths lien a puiry of wid MORTGAGEE and tM pr~ctia~ of wch Court. f 8. To duly. ~Prh fi,ih v..fo?~,, a-acha?~, execute. effect, complete, c~plY with and abid~ by sxh ~nd every ths stipulatioru„ apreemtr~ti. mnditioea and oovenanb in s~id prombsory note and this mortgage set forth. ' 9. That in tM tvent the ownership of the mortgaped premisea, or ~riy paA thereof. becanes v~shd in • p~rwn otMr than th~ MORTGAGOR, th~ MORTGAGEE, hs succauon and ~uiyrts, may, withovt notice to the MORTGAOR, deal with such succN~ w sucassor in interest witA r~ferMOe ro rhb monp~pe and th~ deb~ hereby secur~d in th~ sams manner as with Mortgago~ w;tFwvt in any way vitutiig w dischuying the Mon~~pers' liability har und~r w upon tM debt hereby secured. No sale of the p?em~xs hcreby mortgaged and no iabeaw~ on the part of tM MORTGAGEE w ita suaesson or euiqns and no ~xtension of the-time for th. wyment of rhe debt hereby secu~ed yiven by the NIORTGAGEE or i4 sucnsson or ~ui9rq, sha~~ ppaal~ ro r~lea~, distMr~e, modify chanpe or affett ths wiginal liability of tAs Ah08TGAGOR herein, ~ither in whole a in pu1. ~ 10. It & specifically a~reed th~t time is of the essence of this cwu~sct and that no waiwr of aey obli~ation Mrevnder or of th~ obliyatip~ a~.. tvrd Mr~by sMll at ~ny tim~ thereafier bs hetd to be s waiver of the tem~s hereof or of ths inst~ument seaered herby. 1 i. In add~tion to the forego:ng munrhly paYments of p.inc'pa! and interest required by the prom~ssory note :ecured hereby, mortpago? oown~nt~ ' ar~d pr~es fo pay ro mortgapae with each montMY paYment an additional sum estimated by matgagee to b~ eqwl tp 1/12 of the amua! oost of fhe fdbw- f iry: _ . ' 1 A-/UI real property taxes bvied a assesscd against the above dest~ibed real estate. . ~ : B-Premhnns oe firo ~nd windstorm insurance as herein requ~red ro be u?ried on the improveme.~ts sitvaf~ on the ~bove describe~? Rreenit~s, C-Pramiums on s~th mortgsye gwranty insurance as mwtgagce shall from t~me to time deem fit to urry on the Iw~ setw~tf her~~„~~~ . Mortpape~ ahall from time to time notify morlgagor in writing of the smount dve and payable hereunder and aucF? wm shafl ~ payaWe on the due date of the next monthly payment and sath sutcessive month thereafter uotil mortg~gee shall notify rtwrtgaypr pf~a ~ ~ amovnf. Suth wms sMll be • lied . ` pp by mort9agee towa~d the payment of real properry taxes, insvrance prem:ums, ~nd mp?t~ao~ ~pr~My y~f~nt~ : premiwnt. ' 3 ~ ~ : 7 1N WITNfSS WHEREOF, tFw said MORTGAGOR hss hereumo set his hand and seal the day and year fint aforpaid, - rw C, 1d the ptesatKe of: o e7 s - , _ - ' ~ ^ _ . ~ I , j - ' - - - - - - - - - - - - - - - ~ ~ Q- _ • J' ~ ~ STATE OF FLORIDA COUNI'Y OF ST. LUCIE I HEREBY CERTIFY, That on this ~ day of , A.D. 1~~ , before me personally appeared KE?11~ $all a~- respectively President and 9eqetat9 , of I~elly Constr~ction Company ~ a Florida Corppcation; t,~~Ane known to be the rsflns described in and who executad the for 1~~ ~ ~ pe egoing instrument, and severalty acknoiqtLdged~t~'e~c~, ~ cution thereof to be their free ad and deed as such offioers for the uses and purposes therein mentior~d; an~ that th~ 'c,~t . ' : l U c affixed thereto the official seal of said o~rporation, and the said instrument is the act and deed_ of :said ~orpo~a~:" WITNESS my hand and official aeal at fort Pieroe , seid aounty and stata: V V 1 p~~ ' ~ ~ ~o ~ 3 Notary Public, in and for State and CowRfy'bfoSe~aid~ `T~' FILED AND RECORDED _ . . ST. WCIE COUNTY, FLA. My Commission Expire~ioitxy Pn!~=:. S'~'~ ' at~t~~~ ; RECORO VERIFIEO `M1r Co~<'~~~~- 3, 1969 ! ~o.e.~:, •.c..-_= . ,....r, ~!I a~9 ~ - . . .~ai.... . • 'ST .ri~ 3 ~P~! 3: 34 . ~ . - .L5`7f ;.~;r~~s CLERiC CIRCWT COURT Q~~~~ ~ ~ 8 ~ ~ p. ~ ~ _ - ~ _ . s~ :.-y:. v._ ~ '