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HomeMy WebLinkAbout0723 To pl+a ~nd aontintw~rsly kNp on tM buitdinps now a k~re~ha ~itwN on sald :~nd and on ~II pulprKOt ~nd pKwnally cowr~d by tNs narq~ p~, witA ~11 pnmhxrA thKwn paid in full, tir~ inwanc~ in th~ uswl sandHd polky fam, ~n a sum approwdcob~n yN?ORTGMGE~R GAGEfE may kaw~na in ~M uwal qandard pol~cy farn, In • sum ~pprowd by tM MORTWIGEE; in ~uch canipinY dinct~ «id dl ftn aod wtndstorm imwana Pa~+ on ~ny of said build~np~. +rw lnbnst th~r~in o~ pan tM~wf. in ~M ap~rp~~~ wm afor~atd a le uco~ tMnof, ~MII oonah tM uswl srandard mortq~ cl~~ a such o~h~? dws~ a tM Mortpap~a m+y rpu~~~. ~n+?inp th~ loas vnda ~aid po1F ct~s. ~sch ~nd ~vM?. P+Y•bl. ro s~W MORTGAGEE a in in~era~ may appN•, and ~ach u~d ~wry wd~ policy ~hatl be promptM ~a:9eNd w~d delivN~d ro any Mld by ~aW MORiGAGEE a fwtMr Nturity ro ~aid mortp~ d~bt, and. not IKS tMn t~n (10) d+y~ in +dvano~ of tk~ ~xpir~tion of Nch policy. to d~ tiwr ro~id 1MORTGAGEE • ~~w~l tMnof, wp~tMr with • nc~ipt fa tM paniwn of wch renewal~ and th~ ~hall no Pw~ or wiacbta~n Msw~nn pl+ad on ~nr of s+W b~r{Idinp~, anY Mterat tlw~Nn a p~rt thw~of, unl~u lo th~ form'u~d with tM Iws p~y+bi~ ~s afaaaid~ u~d tn tM ~wnt any wn? of nan~y becoma p+YabM w~da wch polky a polici~s Nid MORTGAGEE ~hsll Mw tM option ro nceiw and ~pply tM ~ a? acoount o~ tM G?d~btad~ naa wtynd Fnnby or q pKmit said MORTGAGORS b ~eaiw uid us~ it w any put tF?e~eof fw othcr p~rposet, without thsrob~ w+ivin~ a imp+iti Inp any puify, li~n a tipht u~ a by vktw of this Mort~p~t ~nd in th~ ~wnt aid MORTGR~'~ORS sh+ll fo~ any ~easo~ f~i) M ksep tM s~id pr~rt?ise~ so in~~red, a fall fo tklivK pranptly any of saW policies of inwnrw to s+id MORTGAGEE. a t~~i P?o~+P~h w wr w~N +~+r w~+~~T ~~fa a~^ ~^r nip~ct fatl b p~?fom~, dischu~. ~x~cut~ ~fhct. compl~t~, complY with ~d abid~ by this cownant, or any put Aerwf, i+id N10RTGAGEE m~y pl~v ~nd paY fa wch Mwranc~ or uiy p+h thKeof without w+lvinp ot ~ffectinp any optia4 li~n. ~qiti~Y, a?ipht ~ndN a by virtu~ of thi~ Mortp~p~. and tM wu or .,ch «+a w..r ~ ar~ •h+~~ b. ~,,.duMN dw ~~d pyabN and ahall bsu ionrat fran tM d~b thKwf w?til p.id a~ rh. wn o1 nin~ pK antvm pM aMwm ~nd topetha with wcA interest sMfl be s~tvttd by th~ IiM of this ~a~. 1. To pKmit, aanmit ar svffe? no wate, imp+kment a d~tKior~tion of s~id propKty o? any p+h tMnof• 5. To pay aq ~+d siep~lar tt?~ ~cosn. cMrpa +nd ~xpens~s, includirq a nawn~ble attwn~;h fee u~d aosh of ~bsn~cts of title. incun~d or p+id ~t any tim~ by said MORTGAGEE, b~caus~ a 1n th~ ~wnt of tM failure on tM p~n of th~ s~id MORTGAGOR to duly, promptly s~d fully pNioren, d~Khu9~, execut~. ~ff~ct. cwnplst~. oanP~Y with and ~bid~ by ~+ch ~nd every the sti~wl+tions. +yresment~. ca+ditio% aed ooweaob of said promissory eah and th4 ~9+~ ~Y or ei~her, and ~aid oosts. ch+r~s snd ~aperws, each and ~very. sh+ll b~ wruMdi~t~ly due and payable: whether a not tMr~ be notici d? muid, ~n~enpt to oollect w wit p~ndirgs +ed ths fi+ll amount of ~ach aed awry wd~ p+Ym~nt ~hall bsar imerat from tM dat~ therwf until p~id at tM rate of nim psr tenturn pa an~wm: +od ~!1 ~sid cdsts, c1»rges and e~cp~nset_tncurred or p~id. IopttMt with avch inttr~st, ~h+ll M wcured bp th~ lisn of tiw e. ifwt W in the ev~nt of any bresch of tbis Mort9ap~ w defavlt a? th~ pan of th~ MORTGAC^Q. or (b) te tM went any of aid sums of money herein r~fernd to b~ na prompn~ and f~lly paid within tF?irty (30) d+ys nex~ afta the same saver~lly becane due and pay+bl~. withovt d~mand or ootice. or in the wM1t each ~nd ewry tFr stipulatioia, agraMnenn, conditions u?d tov~+~+nn of said promiuuy not~ snd this mwtps~~ any a eilh~r are ~wl i~ly, promptlp and fully perfwmsd, d~scl++rped, ~xecvted, sfficted, compl~»d complied with and sbided by. thse in eithe* w u?y such ~wnt tfw s+id a~ pre~b wm m~ntion~d in said promissory not~ then r~mein'ug w+paid. with intaeat acuwd, and all ma+eys stcured hereby. ahall becom~ dw and p~p able forthwith. or thereafta, al ths option of s~id MORTGAGEE, u fully ~nd compktely ss if ~II of the said swns of r~aewy we?e oripinally stiputated ro be paid on s~ch day, anything in said promiswry eote or ln th(s Nw~i~ye to the contrary notwithsbndirg: and therwpon w thereafter at the option of uid MORTGAGEE, without noY~n w demand, wit at law or in puity, the~efw~ or thereahe? be9un, m+y be pro+ec~ted u if all ma~eys secured hersby had man,red prior ro in inttitur'wn. 7. Th+l in tM ever?t thst st th~ begirming of or at any time pendieg ~oy wit upon thn Mwtgsge, w to foroclose N, o~ to reform N, w to enfwc~ paymcnt of ~mr cla'~ms herwnder, aaid MORTGAGEE shall apply to the Coun havinp jw~sdrction the~eof for the ~ppo~ntme~t of ~ Receiver, such Court shall fortiiwith appoint • receiver of said mortp+g~d property +II and singulu, inclvdug all and i'ug~l~r the income, protits, asoes u+d revenues from wF?atever source daived, euh and every of whKh, it beirg ~xpreuly unden~ood. is hereby mortgaged u if apec~fiully set forth ~nd dexribed in the 9r~otiny aed hsben~wn clauses hereof, snd such Reo~ive~ shall h~ve •II the boad ~nd eHective hrnct~a+s and powers in ~nyw~se entrusted by a Covr, eo,? Qeceiver. and wch appoi~tment shsll be made by such Caxt as +n ~lmitted equity and s matte~ of absolute ~ight to said MORTGAGEE; and ~e~ttwlit {eiereace ro ths adeqvscy w ie+~dequ+cy of tM wlvt of the prbperhr mortg+ped or to the wlvsncy or ~jnsQ(~,ncy of said MORTGAGOR or tl+e d~fendaob, and that such rents, profin, income, issues and ~eve++ues sMll be applied by such Receiver accwdirg to the 1'~en w equity of said MORTGAGEE and the practiu of such Cou~t. _ 8. To duly. pranptly and fully p~rform, fixhs~ge, exewt~, effect, compkte, complY wirh and sb+de by each ~nd. every the stipulatian, apreemenb. condiYpns ~nd coven~nts in said promissory oote u~d this mat~age set forth. ~ - 9. Thst in the evem the ownership of the mortp+pd premisa, or ~ny p~!rt thercof, becornes ve~ted in • penon other than the MORTGAGOR, th~ MORTGAGEE, Its successors and usiyns, maY. without notice to the MORTGAOR, deal with , wccessor or ~uaessor in interest wi?h reference to this mo?tpag~ ~nd the debt hereby secured in the isme m+rr~er as with Mortgapa withovt in ~~~way vitiafinp or dhchuging the Mortgagors' lisbility lrre under or ~pon the debt hereby secured. No iale of the premises hereby mortpaged u+d no faibearinae on~tM'part of tl?e MORTGAGEE w ib succeuas w auigns snd no exte~san of the time for the payment of the aebt hereby secured yiven by the MORTGAGEE or in successors w ~ssigns, .hall operat~ to rekase, dischupe, modifp thsrg~ or affecl tl+~ aiginal Ii~bJ~y of the JNORTGAGOR herem, eitha io wlwk a in pirt. 10. It is speciPKally egreed th~t time is of the eu~nce of this contrad a~d that ra waiver of ~ny oblgation hereunder or of the oblgation sr n,red hersby sMll ~t sny time theresfier be heW to be a w~iver of the termt hereof or of the instrumcnt secured herby. ~ 11. In additan to the forego:ng monthly payments ot print:p?I snd imerest required by the promissory ~ate securec~ Ixreby, mortgagw covenants and agrecs to pay to mortgsgee with e~ch monthly payme~t an add~twnal sum estimated by mortgagee to be eqwl to 1/)Y of the annual cost of the folloyv- A-NI real property taxes kvied p assessed againtt the above described real estate. B-Premiums on fire and windstorm i~utrnnte as herein requ:red to be urried on the improvements situate on the above described premises. , C=Premiums on uKh mortgaye gwranty insurance as mwtyagee shall #rom t~me to time deem fit to car_ry on the ban secured hereby. ; ' Mortgsgee shall from time to time notify matgagor in writing of the amovnt due snd paysble lxreunder and such sum sha0 thereupon be due ~nd ~ payaWe on the due dste of the next monthly psymem and each sucoessive ri~w~th thereafter until mortgagee shall notify rnwtgagor of a chang~ in wch ama?nt. Such s~ms shall be epplied by mortgagee towatd the payme~t of real property taxes, inwnnce prcm'.wns, and mo?tgsye ywranfy inwrance premiumf. IN WITNESS WHEREOF.~the s~id MORTGAGOR has hereunto set his hand and seal tl+e day ~nd ar fint ~f ~E Sipnd, S ied snd red in the pesence of: ! ~ ~ • ~ K--n K--o i TATE OF FLORIDA ~ . ' St. Lu~cie couwn oF . ~fOe ~ ~,~,~~y FYanklin A. Ha?rYis ~/dl@1'~A V• ~rl~ his wife, to me well knawn and known to me to b~ the individuals desaibed in u~d who execvted the fore~oinp &utrurtwM. «+d scknowledged befwe me that tF~ey exearted the same for the purpo~ss rherein upressed. Md tM said . Vel1P•Z~e V. Harris wife o4 tM said Rranklin A. Harris ~p~ i sep~rate u~d pirvab ex~minatan by me taken separate and epart from her said husband, adcnowledged to ~nd befor~ me that she e~cecuted said irotrument fre~ly ~nd votun- tarily ud withovt ~ror tompulsion, constraint, apprehe~ w feu of ot from Mr s+id h~sb~nd. , WITNESS my FNnd ~nd official ~esl thi• ~ day of J~e A. D. 19~$_ Notsry P in snd for the_ State of Fbrida ~t lupe ~ ~ My ion eapires: ~ G~/ y 7/ - Rehrm Ta. F4st F~dera) Ssvinps 3 Loan /lssotiaYwn . • Of Fort Pierce. . ~~tit~``:::i:~i;j: ;1^tz~y Sbt! 0~ AO(idi at ~i1* . forf Pierce. Florids `~tt`~x~N ~ ~Y ~O~IIHiKS1~011 S~0~ ~9. 6. ~n . ~ ,......,~=.~:.~i. lo~d~dhA~~*~~1 . ~ , . ~ , ~ ~ ~ ;1~~ • t ~ FlLE~ AND R Thls In _ _ ~ - ~ ECORt~ strument propared 6y ~ - : ' ' ` i ED: ; F1r~t~F eral Sav. & oan Assn. ~ 3-- ° r~ : • ST. LUCIE COUNTY. FLA." ; f Fort P' r o; _ aE ce~c~ v~~i~ i~Q ° ~ ' ~ ~v 16`7802 ~ _ ~ ' ` ~.•y.~ _ • ~ • . . ~~~r.t: . 68_ JUN 7 AM 10: 50 ~ ~Il,,~~~~' 800K~ 1~ PACE (21 ~ t CLE~RK C RCi11T COURT ~ , - ~ - - - ~ .:~f ; . . ..:~..a . - - : - • - - - - - - - - - ~ - r~ - ' _ ~ _1"aS';,:.