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Home My WebLink About1831 , ~ To plac~ ~ed contkww~sly kNp on ~M buildinps now w h~r~after ~ituat~ on said I~nd and on ~II puipment u?d pKaonally covN~d by this mwt~ p~, with ~I) pr~mi~r•A thtr~on p~id in fvl4 fir~ in~urtntt in th~ utusl tt~ndud policy fam. ~ a suM +pprov~d by iM 1NORTGAGEE, •nd wiexbtoren i~w~nq i~ tM ~?swl ~tu~dud policy forn~, in • ium approv~d by tM MORTGIIGEE; in tuch company u compania as tM MORTGAGEE m~y dk~ctt N+d aU fin ~nd wind~torm ir+swu~n polic'as on any o( ssW build~nps, ~ny inl~nit th~r~in w paN tMnof, En tM ~~p+t~ tum ~fa~said ~ In ucc~u tl~wf, sAall cont~in tM uswl iundud mortp+~N ciause a iuch otFwr cl~us~ u tM Matp+~ may nqvin. ~kiep tM bu uew~ sa~d po~E dw, ~ach and ~v~ry. p~Yabit ro uid MORTGAGEE a ib int~rest rewy ~pp~ar. and e~ch and ~very tuch policy ~MII b~ promptly ~~:9n~d u+d delivKtd t0 ~ny Mld by said MORTGAGEE ~s fur~F?K s~cu~lty to aid matp+p~ d~bt, and, oot leu th~n tM (10) d+ys In adv~nc~ oi tM ~xptr~tion of each policy, to d~- livN ro aaid MORTGAGEE ~ nexwal tF+~no1, Mp~tFw~ with a rac~~p1 fa the p~miwn of ~~ch ren~w~lj ~nd thsn sh+ll b~ ra fk~ w windstam ir?s~r~nc~ plaud on any of s~id buildinps, ~ny Intet~tl tM~~in or p+rt th~nof, vnless 1n th~ fum'~nd wi~h tM lou p+y+bl~ ai ~fa~i~id: and in the ~v~nt any sum d mon~y p«pna pay~bl~ u~ wd~ polky or policiei ~aid 1NORTGAGEE tl+~~l h~w tM option to rectiw a~d apply tM sx~ on aaouM o~ tM ind~bteo- nNS s~tur~d I~~by a b permit ssid MORTGAGORS ro rectiw and us~ N ar any parf thereof fo~ other purposei, wi~hout thereby waiving o~ impair- Inp ~ny pvity, Iit~ or ~iqh! undtr o? by virtw of lhis mortpap~; and in tM ~we?t wid MORTGAGORS sMll fw u~y nawn f~il to kKp tM aid pr~mises so intur~d, w f~ll b deliver promptly ~ny of s+id policiss of inwnncs to ~aid MORTGAGEE. or fail promptly to pay fully any premiwn ther~for o~ In u+y nsp~ct bil b pKfoa+n, d~sd~uy~. ~x~cv1~, ~ffM, compkt~, compty wirh ~nd abid~ by tha oow~+ant, a u+y put Mreof, uid MORTGAGEE may pl~cc a~ paY for such Inwranc~ o~ u+y pa.t tl~wf without w~hinq, or ~ff~ctinp a~y option, lien. puiry. or rght unda a by virtw of this Mort~ap~. ~nd tM ivll ~rnovnt of ~ad~ aed ewry wch WYm~~t shall b~ im~wdiaMly dw ~nd p~yabb and sh+ll beu inter~st hom tM daq thereof vntil paid M th~ rat~ oi n;n~ pa antwn pN arvwm ~nd tegetF~e~ with tucA interat shall be sacund by tM Iwn of tha nartq~pe. To pamit. aommit a svffK no wut~. Impairment a d~tKior+tion of aid propaty o? +nY P+r1 tM?~of. S. To pay ~II and slnpular tM.costs, cA~rpes ~nd ~xpen~, inclvdirq + nasonable ~ttomey's fee and oosts of ~b~h~Ns of title, incurred w paid d sny time by said MORTGAGEE, b~cavs~ w in tht ~vtnt of tM failun on the pan of ths said MORTGAGOR ro duly. promptly ~nd fvlly perform d~scFwr9~, ~xecute. ~ffect. aompkt~, complY with sr+d abid~ by e+ch ~nd every th~ atipulations, ~yreements. ca~ditions, ~nd aoven~nn of said promissory not~ ~nd thw morty~ps any or ~i~her. ~nd s+id costs, charqa and ~xp~nks, ~ach +nd ~w+y, shall be immediately dw and p~yable; whether w not tMr~ b~ norici dr m~r?d, sttempt to colkct or wit p~ndiegj and IM fvll srtiount of sach arid ~vary tuch p+yment sMtl bes~ interest fran IM d~t~ tl+~reof ~ntil paid a1 the rate o~ nine pe~ centum per aroium; u~d ~II iaid c6its, chu~ts ~nd expenses incwred w paid, to{}ether with suth interKt, tMll b~ s~tur~d by tM litn of thw ?~9~- e. That in the ewnt of ~ny b~cad+ of this Morty+p~ w deia~lt on tFr pa~t of tFw MORTGAGOR, a(b) in tM ~ve~+t ~ny of sa~d wms of nwn~y henin r~fsrnd to be no1 promptty and fuly paid w~thin thirty (30) days next aher th~ same ~ever~lty becane dw and payabl~. wi~hout d~m+nd w notice, w(~ tn the twqt each and ~very tFa sNpulatio~s. ~grasm~nts, conditions and covenants of sa~d promiuwy note ~nd tiw mat9p~ ~ny w eitMr u~ no1 iv1y, promptly and fully performed, dixharQ~d, ezecuted, effected, completed, compfied with and sbided by, then in eithe~ or ~ny such ewnt tM said a~ prq~t~ sum rnentaned i~ s+id promissory note then rortuini~y ~npaid. with imerest acuued, u~d all moneys securod hereby, sh~ll becom~ dw end p~y- abl~ fathwith, or theraaher, a1 the option of said MORTGAGEE, u fvlly ~nd canpl~tely as if all of tlx said sums of rr~on~y were originally ttipulated to be pa~d on sud+ day. a~?ythirg in said promissory note or in tha Mortgs9e to ths contruy notw~thstanding: and thereupon or thereaher at tM option of said MORTGAGEE, withovt notGce w demand, suit at Is~v w in equity, therefwe a tl~ereafter begun, m+y be prosecuted ss if all moneys securad 1:.•eby had matured priOr to in institutian. 7. TMt in tl+e event that ~t the beginning of or at a~y time pending aoy wit upon thn Mortgsge, o~ tc faeclws it, or to mfwm it, o? to e~fora paymen~ of any claims herew~der, said MORTGAGEE shall spply to the CouA havirg ju?isd~ction therw( ior the ~ppantme~?t of ~ Receiver, such Court shall fwtliwith ~ppoint ~ ~eceiva of said mottgs9ed property all and siep~lar, includ~ng all and singulsr the inc~me~ profib, iuues and revenues from whataver wurce derived. each and every of which, it being expressly understood. is hereby mortgaged as if spec~iic~Ily s~t .forth a~d dewibed in the yr~ntuy and Mbendum davses hereof, a~d such Receiva shall have ~II the bro+d ~nd effective funct~ons and powers in anywise eritrustedby•~ Court to a Receiver, and ~uch appointment shall be made by such Court as ~n admitted eqoity and s matte~ of absolute right to said lNORTGAGEE, and`Without refe:rnce w ths adequsty or in~dequaty of the v~lue of the pioperty mortgsged or to the whency a inw~vency of said MORTGAGOR or lhe defendann, snd that such renn, profiri, income, iuues snd revenues shall be spplied by such Receive~ accud~ny to the lien w equity of said MORTGAGEE and the pr~ctice of sucl~ Court. • 8. To dvly, promptly snd fvlly perform, discharqe, exscvte, effect, compkte, comply with ~nd ~b'~ by each and everyr the stipulations, ~greements, conditiwu and covenants in said promissory eots ~nd this mwtgage set forth. ~ 9. That in the eveM the ownership of the mortgayed prcmises, or sny ps~t tF~ereof, becort~es vested in a perwn other thm the MORTGAGOR, tl» MORTGAGEE, iri sutcessors ~nd suiyns, may, without notice to the MORTGAOR, deal with such succeuw ot ~~uccessor in inttrest with referente to this mortyape aod the dtbl hereby secured in the same manner as with Mwtgagw without in any way vifiatirg or dixharging the Mwtgagon' lisbility here- under u vpon the debt hereby secured. No sale of the premises hereby mortgaged snd eo fwbearance on the paA of the MORTGAGEE or its successors or auigro snd no extension of the time tor the payment of the debt hereby secured given by the MORiGAGEE w its :~ccessors w auig~s, ,MII operatt ro rel~as~, dixharye, rtadify change a affect the wiginal liabiiity of the MORTGAGOR herein, either in whok or in psrt. 10. It is specific~Np grced tMt time is of the essence of this contract and that no w~iver of any obligstan hereunde~ w of the obligstion se- cured hereby sMll at any time thereafter be hetd to be ~ wairer of the terms hereof a of the instrumeM secured htrby. I1. In add~tion to tF+e fwego:ng monthly payments of princ:pDl and interest required by the promissory ~ote secured hereby, mortgagor covenants and syrees to pay to mortgsgee with each ma+thly payment an addirional sum estim~ted by mortgagee to be eqval to 1/12 of the annual cost of the fol~ow- ing: A-AU real property tsxes kvied or assessed against ti+e above described real estate. 8-Premiums on fire and windstarm insurance as Ixrein requ~red to be csrried on the improvements situate on the above described prerre~us. C-Premiums on such mortgage gwnnty insurar~ce as mortgagce shall from time to time deem fit to csrry o~ the ban secured hereby. Mwtgsgee shall from time to time notify mwtgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due snd payable on the due date of the next monthly paymeM snd exh successive month tF+ereafter until mortgagee shatl notify mortgagor of • change in such amount. Such wms shall be spplied by mortgagee toward the payment of real property t~xes, insurance prem:ums, snd mortgage gwra~fy insvrance I Premiwrq. ~ IN WITNESS WHEREOF, the said MORTGA R h+s eunto set his hand snd ual the day year fint sfwesaid. ! Sipmd, 5~~ an i the p? se ofe' IVER TRAfl G • ~ ~ ~y Mi hae Coh n, Pres ~t Attest , q y ~ ~ ~ -C-= ~4 rw ~..t, - - - - - ` - - - - - - - - - - - :i+ - . -7`-l'_'.'. . . '~~L i ; ~ ` • . • ~~i STATE OF FLORIDA ~COUNTY OF ST. IUCIE ~ % ~ ~ I HEREBY CERTIFY, That on this day of April ~`~4~~~"-68;; before me personally appeared Jeffery r'ichael Cohen _ and Bett A7. Be~ict~L~t ~1 , i ~ respective~. President and Secretary of i: 'isi~~~ ~ i f ~ ~ • Iyi]IAR.~~R TRADI"IG C.nRP. a Florida Corporation;'fo me . knoWAlip;6~ the persons destribed in and who executed the foregoing instrument, and severally acknowledged the exe- evt+orl_'thereof:to be tbeir free act and deed as such officers for the uses and pursoses therein mentioned; and that they ~ ' - ~ - ~ affi~ted ther~b;flq Qfficial seal of said corporation, and the said instrument is the act and deed of said corporation. . WITNE55 my h~~tr~ official seal at Fort Pierce said oounty an st : . V ~V• _ ~~:.;?',~,~,<<~`~~~ Ff1Ep qN0 . ~ ST. ~{JC~ RECO puI~c, in and for State and County aforesaid. This instrument prepared by RFCORP ~UNT~~mmi3sion Expires: Frst Federal Sav. & loan Assn. ~~'Fr~rEp ~~-u~~~ 6~ ' of Fort Pierce 6E up~ 29' ~ ~ . 10 : 3l By -~66~12- -c'~-?- :•o~ ~ CLERK CfRCU1T COURT ~ ~ ~ ~71 ~1829 ~ ~ - ~ ; , ~ aooK ~ , - - ~ - - ~r t ~ _ ~r- - w