HomeMy WebLinkAbout0183 3. to plac~ ~eid coeaL+~wvsly kNp on tl» buiFdirgs now w lwroaft~r siware on said Iand and on ~11 poipn~ sno pnsoe?~IN ~~d MI ~~~P
.p~, with ~U p.Mniw~s ~1w.~on pud in h?14 insw+nc~ in rir ~nw' aard+~d pd~cy forn~ r? a wia approv~d br tM NWRiCI~GEf. ~nd windctonn
tr~,ra.~ce in Nw uswl uandwd pol~cy faa~. in a swn approwd by d+~ 1MOR"'a+.GCE: in w~d~ caspanr o? oo~npanih a t!~ MORTGAGEE nwy
dinctr ~nd aq 1in and wind~a~m inw.ancr FolicNa on any of a~d bwld~npy, ~ tntu~u Mwein o~ pa~t tMrw`. h~M sp~p~a w~+ afa.~saW a
in ~xass ttw~w6 sMlt oonain d» wusl sunda.d mapa~ da~ a wd~ aha ds~n~ a tM Mo.?Qap~~ may nqu+~, makinp Mr bu uod~. ~aid poN~
dw ..d~ .nd .w~y, arab:. a uid AcORTGAGEE .a ~n 6uwu m+ir sp~+w. .acl+ .nd w.ry ~uch poGcy ihall b. Pran+WM Ws:9^ad and d.1iw~..d a
.ny M1d by •atd N10RTGAGEE as funha sscwcry ro uid mor~ps~. deb~. aed, oot leu than tM t101 d~ys in ~dvano~ of tM ucptr~~ion of exh polky. ro d~-
tiw~ b ssid MORZGJIGfE • remwal tl~eoi. wp~tlwr witA ~ r~ceipt for th~ prsmium oi wch ~~n~a,al: and si?~II b~ no fin a windsto.m t~ana
plaad on ~ny of uid b~ild'ags any intKSU tMrein w pwt tMnaf, unl~ss in t!~ fonn'and vr~~h tM loas pay~bb ~s sfor~ssidi ~nd in tM ~wnt any swn
of ~e1? becomq WY+bI~ wKM. wch poliqr a palioi~s s~id AAORTWGff ahaY h~w rtw oprion a ~s~sin aed applp ~h~ wn~ on acoowd d th~ Md~bt~d- '
n.:s s~sw~d I~ueb~r a a p..m~~ ss~d MORTGAGOrtS ro rsc.:,r~ and vs~ i~ a a~y parl the.eof fw orher pwpos~~. wi~hout ~he+eb~ wai.~:.g w i~npair- i
~+~Y ~b. li~n w riphl w~da a by virtu~ of this mortpap~t ~.~d in ti+~ ~wnt s~id MORTG.IGORS sAaG iw any rwson faif b kt~p tM ssid pnrnise~ ~o
&uv.sd. or fail w ddiva PromWhr any of »id pol~ci~s of inwr~ ~o said 1MORTGI?GEE. a. t.~i ~th a ar ~~h «~r a.~+~w~ th~r~fa a b aryr
napM /atl b patoaR dixhw~• uc~cut~,. ~ffM. compkta aa~ly vri~h and ~bKM by this aownaM, or anY P+~t lwrwl. said MORTGAGfE m~
Wy for weh intwanes w~qr Part tMrwf wiNwut wdvir~ or aff~etle~7 ~e?p eWier~, Ua~ ~qei~y, a ripht w?dN a Y P~+a u~d
tull aenoiN+t of ~ad~ and w~r wd+ paynwnt sh+ll b~ Nerne~~t~ dw ud b1? virhw d this Marpape. ~e~d ~ht _
~n~ pu caenMn p~. ~Mwn~ ~nd ~oyaAe. wirh such in~aa~ shi11 ~ ~ecund by~M~r '1 and ~
11 p~ a~ ~ran N~. d.n rher.ot w?~il pa~d a~ ~M ot
To pun~it, ar~nr't w wftN ao wast~ impairme~t or deterioration of said propKty a? Ky parl lMsw1. ~
S. To p~y aU «+d wpvlar th~.oost~, tAar~s and ~:penus„ includ'~np a re~saybl~ attonKy's fes and costs of absn~cts oi titt~. incurr~d w paW ~t
any time by said MpRTGAGEE. becaus~ w in tM evam of th~ failw~ on ths put of th~ said A10RTGAGOR M duty. promptly a~+d fully p K iorn~, d'a c
h a r
y~
e:ec~t~ ~ i fed. oanplet~, comp l
y with and ab~d~ by ~ad~ and way th~ stipuluions, apreemant~ cor~Gtiont„ and oow~snq of s~:d promis~ory not~ ~nd this !
^'or~~ +nY w~irlwr, and s~~d eosb. clwpas s+?d ~xpe:wf~. ~ad+ and *very. sh~ll b~ im~n~di+tel~ dw and paY+bl~j whe~ha a r+w t!Kr~ b~ naici d~
mand, anempt a a+ltact w wit ~j and th~ fu:l ~nwunt of exh aod ew~y wch payment aMll bsar ~„+sr.s~ irom ~M dan ~M.eof unru o.sd a~ ~he
rate of rwM psr oseMn pa arwwrn; a+?d all said edsp. thupes and expenses in~vcred w paid, IopNMr wi~h such intes~st. ~Iwtl b~ ~cwad by tk~ twn of tha
"'orep+ye-
a ih~e t+J tn tM w.n~ of any b.~~ch of this Mw~psy~ w defwlt on the put of ~M MORtW?GOR. or (b) in the .vent ' ~
hersu+ nfer~d ro be nor p.ompriy a~d fvUy Q.~d w~:han i' C~o) d.ys nea~ afte~ the sam~ s~veral bac~nr dus aed ~ ot s~id wmt of nwn~y :
or (d in Nr ewn~ sad~ and way the stipvlation*. +9rNmen~s. condtions and oova+~u?n of ss~d ~ WY+~• wttho~rt d~m~nd a aotice.
promiswry ~ot~ and tlws malp~y~ ~ny a ~itlw u~ no1 ~
iuly. ProenPtl~r and fuQY P~rformed, d~xharped. e~ecutsd, elfected. eanpt~ted. c~ompl~ed with and abkied yY. then in ~i~lxr a any wc1~ wa?t tlw t~id a~ ~
yresaN wm msntio~d in said promiaso~y ~ot~ then ~em~ininp uop~id, with intersst ~ccruod, and all nwns~rs sscvred ha~by. shdl beco~ dw and p~y- `
abte fathwith, a tMrsahN. at tl+~ option of said MORTGAGEE, as fully and ca~np.4~rly as if atl of the said sums oi mprsy were +oripin~lly sr7pulafed t
ro te pa~d on such dsy, anytAirg in sa;d pran;uory ewte or y~ thp Mw~Q~ b the contrsry notwithstsndinp; a~+d ~hereuFwn w thcreaher a1 tM option of '
u~d MORTGIIGEE. w~thout not~ a ekmar?d, wit at Iswr w in pvity. therefwe or shrreafier begwy msy bs prosec~ted as if dl ma~tys s~axsd her~by ~
had m~tw~d p~ia ro its iiatiwtion.
7. Ih~t in tht went tbs! at the beg;ivi;ng of o~ ~t sny tims pending ~oy w~t upon this Mortyage, o? to fpecloa~ it, or b~efonn it, a to enforp ~
piymeet of any dairna he~ew?der, sad MORTGAGEE shaU ~pply to the Cour~ having jw~sdict~on ~hereof fw the ~ppantme`I of a Receiver, wch Co~it sh~ll t
Fwtlivvith appoin! a rectiwr of uid matg~ged prope~ty all ~nd sinyvl~r. includiog a!1 u~d airgular the incoms, prolit~„ issues and ievenws frpn wFutever
wurca duived, s+ch ~nd ~very of which, it beinp expressly understood. is hereby mortgaged as it spec;fiully set forth ~nd dexribed in the yrantinq and ~
hebendi~n clauses hereef. ~nd such Receivee sh~U Mve sll the bro~d and effecrivc fvnawns and powets in ~nywise entnneed !sy ~ Coun to a Receiver. and
iuch appointment sh~11 !+e mKle by wch Cowt as an adm;tted eq~rity and a~?vtta of absalute ight a s+id MORiGAGEE, and wi~hwrt r~fereoa~ b tM
~deq~acy w icac;eyuaey of Ms vslw oF the prbperty n,onyaged or to the savency or ;nw~vency of s+Id AAORTGAGOR or rhe drfendann, and rF~u wch
rents, profit~„ Lrcome, iswes and revemres ~SlI ba applied by sude Reoeive~ accord3nQ w t!~ lien w~q~,iry of said /MpRTGAGEE and the prad~u of such
Court.
8. To dv~Y P~o^+PNY ard fvlb P~?form. discha~e, execu% eHect, c+omplete, complY with and ~bide by e~ch and every the ltiputations, +9rCe:nei?ts.
conditio~ snd wvenams in sa~d pra~wssory nor~ and tAis morrgag~ ser forrh.
9 Thar in rM event rhe owne.sh;p d ~he mat~ed wea+%xs, a any psrt rnereof, becanes vested k? e persoo other ~hsn tl+a IIFURTGAGpR, the
MORTGAGEE, its succcuors and ~ss;pr~s, maY, w~~hart no~ice ro the MORiGAOR, deal with such waessor a succassor in ;ntcres~ with •rcference w thia ~
mor+gayt and the deb/ hereby secured in N+a a~r.:e ~narrser ~s witA Mortgagor witlaut in any way vitiafi~y or d'~scharping the MorT~apori• IiwbiGty • htra• ~
under or upon the debt hereby secvred, No s~1e of the premises hereby mo.tgaged .and ra labeuence on tl+t part of the MORTGAGEE w its wcceuors
o? aasigns and no extrnsian of tF?e time fa the p~ymint of the aebt hereby secvred "4iven by the 1NIORTGAGEE or iri wccesson or ~u;gns, sh~ll operat~ ~
ro releas~ d~ar~ mod;fy chanpe a affect tF.e or;y;n~l Iiabiliry of tMe MORiGAGpR F~e;n, either in whde or in pirt.
10. It b spec~fically sgreed th~t ti~r~ is of Pne essence of tha coMract and tMt no waiwr d any obl'gation hereunder w of ths oblipasion se- ~
c~red Frsreby shall ~t ~~r time rhereaher be held tp be a w~'rver of the terma hereof or of the i~utrwnent secused he.by.
11. In add~tqn ro the ~wego:ng menthly ~yrnents of princ'pil and interest required by the promisswy notr secured hereby, n~pr)9~gor cnwnanti ~
• an ' ayrees to pay ro mary~gee wi~h exh mo~rhly ~~menr an add;tional sum estima~ed by mortgagee ro be equal w 1/12 of the amwl cost of the follow- ~
"y' t
A-At! real property taxes kried o? ~sse:seJ aga;+,sf d~e abo„e dew;bed ~eal estate. ~
6-Premiums on tire and windsrorm insuranoe as herein ~eqv:red to be carried on the +mprovernenb situate on the above dexribed pemises. f
C-Premiums on wch mort9age 9wranty inswance as n?arrgagee sha{I from t~me to time deem fit to urry oe the Ioan yecured her~~jt, i
Mortgagee shsll from Yane ro tune notify mwtgsgor ;n writng of the amo~nt due and payabk hereu~der and such wm shall t '
payabl~ on the due date of rhe next monthty payment and exh suocessiw month the~eafMr urstil mortgagee shall not;(y mor~yaqar o~ ~~F
amount. Such sums shalt be applied by mptyaye~ toward tl+e payment of rea! property t~xes, inwrance prdn:ums, and mortgape . ~}y .I '
prcmi~wrq. - . \ +
iN WITNE55 WHEREOF, the srid MORTGAGOR hat heree?~M set lus hand and sfa! the day end ye~r fint iforesaid. y' ; =
s~d~, s~'~.a +~+a a~"""d'"'i" a~ °f: BARRIS CONSTRII~TI ~~?RPQRI~IO~$~ ~ Y ~
y 1 ~
_ . ~c ~
Attest • ~
-_~J - - - ~ n ~ _
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5TATE OF RORIDA ~ COlIiVTY OF ST. LUCIE
I HEREBY CERTIFY, That on this ~_~ay of NOVember , A.D. 19_~?Z, ~
before me personally appeared _ W~~? i Am W_ H rri a a~ Frankl in A HBI~I~i s ~
respetfively Pre.sident and Seuetary ~ . ~f
HARR.~~: COI~STRIICTION CORPORATION ~ a Florid8 Corporation, to me
• ~ ~ t -l,
know'r~ to.~be the:p~s4ns described in and who executec! the foregoing instrument, and severally acknowledged the ex~ ~
cutiort•'t to,.pe~.tFjeic free act and deed as suth offioers for the uses and purposes ±herein mentioned; and that they
. 1, . I~- ~
a,~fixed~t~reto ttt~ officiat sea! 4f said aorporation, and t~e said insirument is the act and deed ot said corporation. 1
. _
. t,~-~'.:~;~a
WI~yE3~ r official seal at Fort Pieroe - , said oounty ar~d state. `
~ - - ~R~; ~ • srt~.~P~.~e~rs.~ ~
F~~p AND RECOR~E~ Notary Public, i and for State and County aforesaid. ~
~ S7. LUCIE GOUNTY. FI.A. My Commission Expires: ;;fl;~;y F,~,:~. 5:~:~ ef ~~~~x a: [a~r_ '
RECORD VERIFA
~ ~~;-,r Co.:; :.:~:.>,;n czp,:~-s ~:.y. b. 1911 f
. _ ~ _ .~.V10 u ~ ~ L ~.a er ~w«K..: a c..,..+. e., .
`6t NOV ! 3 Ae1 g(~ 7 f ~
~ ~ ~
~~ro~z~As ~
~:u~L :
CI.ERK CiRCIl17 COURT o Q ~
~ ~~x169 ~E 1~2` ~
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