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Home My WebLink About1364 S. To piaa and oonthwo~nly ke~p on th~ buildinps now a I+K~aftK ~w~t~ on s~W I~nd ~nd on a11 pu~pn~?t and pKwn~lly cova~db~ tNs mwt¢ aQ~, with ad pr~miwrl~ thK~on p~id in fuq, fin tnswuia in th~ ~nwl sundud policy forny ~n ~:um approwd by tFw MORTGAGEE, ~nd wlnd~torm _ M~w«~a M ~h~ wwl sundud pol~cy fonn. h• wm ~pp?ov~d by rM MORTGAGEE; in arch comp~ny or comp+nia a tl» MORTGAtiEE n++y directt ~rd ali f~~ and windsw~m insw~na policiN on ~ntr of wid build'ap~, any Mhns~ t1,KNn or pat therwf. in th~ ~p+» swn ~faaatd ar b~xoea tM.wf. sMli contain tM usval standard mw~9sp~ dau~ a wd~ otMr dava th~ Mortp+~ m+Y nqvir~, n»kinp the Iws undN Nid polb dw ~•ch ~nd ~wry. Wrabl. a uid MORTGAGEE a ia imKes~ may •pp~ar. and ~ach and ~wry wch policy shatl b. prompNy .ss:9nsd a+d d.liv.nd ro any h~W by wid NWRTGIIGEE a fwthw Kcwit~r to ~atd matp~p~ d~W. ~nd no1 la~ tMn »n (1~ days in +dvuia of th~ ~aplatlon of ~ach policy. to dr liw~ to s~id MORTGAGEE • r~wal tMnof, top~tha whh ~ nuipt fw tM pnemwn oi wth rM.w.i~ awl tMn sMll b~ no Pu~ w wlndstam Inwnna plaad an ~r of ~aid bvildkg~, u~y inte.~q tM«in w pMt ~1?K~of. uni~ss M tM fam'and with tM loas p+yabl~ u~fa~s+idi and in tM ~veet a~y wm of nan~y becan~s pay~bN un~ wd~ policy or polici~s uid MORTGAGEE sh~ll h~w tM option to nceiw ~nd apply tM w~ on aaovnt oT tht i~~t~ e~qs s~cvnd h~r~by a: ;M?mit s~id !.•.~!!?vl1GORS to npiw ~nd us~ h w ~ny p~rt thereof for othe? purposes. wi~hout thaeb~ waivlnp o~ impair- inp any q~ity. li~n w ripht under w by v4tw of this mortpp~t and h tlw ~we~t aid MORTGAGORS sh~ll for any r~ason fail ro kKp tl~ s~id pnmi~es so inwnd. a f~q b d~livK pranptly ~ny of s~id polities of insunna to s~id MORTGAGEE. or f~il R~~P~N ~ WY fi+~b ~Y P~emiwe~ ther~fo? a M any n~peet fatl b pKfan~, disdwrp~. ~x~wt~, ~fhct. oanpl~t~. oomply wlth w+d ~bid~ by this oov~n+nf, w any put Mreof, said MORTGAGEE may piecc a~d p~Y far wch liaww~o~ ot ~+y put tMrwf without walvinp or aff~ctiap any optieq, IMn, puity. w ripht unda a by virtw of thts Mat~sp~, and 1M fvll amovot of ~ach snd ~wry wd~ payn~M sh~ll b~ imnwdiatdy dw and p~y~bl~ and al++ll bw W~r~st from ths dab therwf ~ntil paid at th~ rN~ of nirn pK ceetwn pa anwNn aid to~etM? with wcA inter~st shall b~ secund by th~ li~n of tl+i~ tnorlpape. To p~n~it. oo~nn~it or wffN no wast~. imP+km~nt or d~tKiwatan of said propKty or any prt tMrwf. S. To pay ~II M+d ~inputar th~.cost~„ chupa u~d ~xp~nsM, indudinp a rea~onabls ~nornty'~ fN uid oab of ~batr~ct~ of titl~, incwrd w paid at any tink by said MORTGAGEE, b~ca~ or in tM wMt of tM faiivn on ths prrt of tM tald MORTGAGOR to duly, promptly and fully pafwn~, dischargR ~xscut~. ~ffect. oompkt~, oomply with arw! abid~ by ~ach and wery tM stipulatiau, pre~ments, conditiom„ ~nd oow+?ants of said proeniswry not~ and thy matyap~ +nY a athK. ~nd said coats. ch+rQ~s u+d expee+~es, er•!s e~r± ~ry. s!»II be ~m~diasrly d~ra arsd psyablsj whstl~r ~ na~t ehrre !r n~at~te c4 m~nd. +ttemp? ro ooll~cl or wit P~ndinpt ~nd th~ ivil ~mount of ~ad~ and ewry wd~ p~ym~nt sA+ll b~ar intenst from tM dat~ th~nof until p~id ~t thr rate of nin~ pe? centum pu aruwm~ arK! all said od~n, chu~a u~d expa+ses incwr~d ar p~id. topNh~r with wd~ intv~st. ihall b~ s~cvred by th~ IiM of thi~ mortp+p~. . 6. Tfwt in the event of any bnach of thia Mapap~ w dsfault on t!r p~~t of tM JNORTC,AGOR, o~ (b) in th~ ~veot aM/ of s+W sums of mor~y h.r.tn r.f..r.d ro be ~w p~o~~hr .ed fidy P.d within thirty (30) days next ~fter th~ sam~ aeverallr b~cans due and psyaW~ withow dsm+nd w noNu, o~ (d in tM ~wnt ~ad~ snd ~wry tM stipulatioos, s~~ents, co~+ditions N+d toven~nb of sa~d promis~wy note and this mortpp~ any w titl+N u~ no1 iuly, pompNr and fully p~rformd, dischuped, ex~cvf~d, ~ffictad. compktad, complied with ~nd ~bided by, thN+ in eitl~ w any such ~wnt tM s~id a~ Qn~,tl~ swr? m~ntaned In wid promisswy not~ tF?en remaini~g unpaid, with inrerest acvwd, and all moneys s~c~red hereby. sMll become dw ~nd WY~ ~bl~ fwthwith, a tMrNh~r, at tM option of sad MORTGA('sEE, as fuly and compktely a if all of the asid wrns of ma+sy wer~ wipinalty uipvlated to be paid on svch day, an/tAiny in said promiuory eots p i~ this Mortpa9e to tM contr~ry notwithsta~iny: and therwrpon a thereaher at th~ option of uid MORTGAGEE, witFw~?t not~ or dsmand, wit at taa or in puity, therefwe or thereafter be9un, rMy be prosecuted ~s if all moneys sacvnd Mr~by hid rMtw~d pri0? fo iri institutioo. • 7. Th~t in ths went thst at thc beginnirg of or st any time pendinp ~oy wit upon this Mortpapt, or to fweclosa H, or to refwm H, w to enforo~ paymer?t of aMr d~Gns hareunder, ~aid MORTW?GEE shall ~pply to ths CouM havinp jwi~diciron thereof for the appantment of ~ Receiver, wch Gouit sh~l! fort}iwtth ~ppoint a receivtr of ~aid mortQa~ed property all and sinp~lat, inclvd~rg all and singul~r th~ incane. profits, iswes ~nd revenves from what~w. sowc~ dsrived. ~ach ae~d ~very of which, H beirg expreuly v~ders~ood, is hereby matgaged as if apecifitatly set forth and dewibed in the ~rsntinp u?d habenduen, dauws Iwreof, and such Rtuiva shall have ~II 1M brwd •nd effecrive firnct~ons and powcrs in anyw~se entru•red by a Cou.~ ro a Receiver. and such appointrnent shall be mad~ by wch Court as an admined eqvity ~nd ~ m~tte? of absotufe ripM to aaid MORTGAGEE, and withow r~ference to the ad~q~+cy w in+deqwcy of tM val~e of the prcperty matgaped w to the solvency or insolvency oi uid MORTGAGOR w the defendants. ~nd that wch ro.et~ profin, income, issues and ~evenues sh~l~ b~ appliad by wch Receive? acc«dinp to th~ lien or poity of said MORTGAGEE and the practiq of wch Caurt. ' 8. To duly. prompNy and fully perform, d~schar9e. e:ecute, effect, complete, complY with and abkb by sach and wery tlw stipul~tioris, ~~eements, ~ oooditiom ~nd oovenants in ~id promiuory ~a~ and tha mortpag~ set forth. 9. That in tM event the ownenhip of M~s mortyaped premises, a any part theieof, becomes vested in • perwn other than the MORTGAGOR. th~ MORTGAGEE, its successoa ~nd auiyrn, m~y, withow no~;ce to the MORTGAOR, de~ with iuch waesw. w suaessor in interest with refer~nce fo this mort9ap~ and the debt hertbr sstvred in the tame m~nner as with Mwtgagw withoul in u?y way vitiati~g w discMrging the Mortysgors' liability here wider or vpon tl+s debt henby secured. No s~k of the premisea hereby mwtpaped and no iwbear~nce on t!N part of the MORTGAGEE a iri suaesson or assi~~n snd ra e:tenaion of the time fw the p~yment of the debt hereby secvred yiven by the MORTGAGEE or in wcussors or ~ssipru, ahall opewt~ r ro releas~, dachuyt. modify clunge or affect ths aipinal liabiliry of the MORTGAGOR herein. eithtr in whde or k~ put. ~ 10. It h specifKSlly sgreed th~t time is of the euence of this cw+tract and that no waivar of any oblgat~on herewxkr or of the obliQaYan se~ wred hereby sMll at any time tl~ereafter be held ro be ~ waiver of the terms hereof or of the instrument secwed herby. 11. In addition to the faego:ng nanthly paymmts of print:p~l and interest required by the promissory nole setured hereby, mprfgsgor covena~y snd agrees to pay ro mort9sgee with e+th rnw~thly payment an ~ddi~ional wm estimated by mortgsgee to be equal to 1/)2 of the annwl cost of the follow- ~^9= A-All ~eal property tsxes kvied w assessed against the above described real estate. ,ti•ri~'`~~ , d-Prcmivms on firo a?id wi+Klstorm ii?surance ss herein raqu~red ro be car~ied'on tFK im ' i.1~~ • provemenb situete on ths,above:,dEscj ~remis4s. C-Premiums on such mortgsge pwranty inswa~ce as mortgagee sha0 from time to time deam fit to prry on t(~L,~O~n~ecured h~iet~y; = Mqrtgapee shall froep time to time notify mortgagor i~ vinitinp of the a~wunt due and paYrbk bereun~ler and ;up~~um aheltt1y~eupofZ ~•dw and .g payabb on the due date of the next monthly p~nry~~ ~ach successive month theresfier-un1i1 mortgapee shall not~ nio~t~ag0~o~'a ~h~g4 in si~d~ amount. Such sums shall be applied by mwtga~ee tows th! pay~bent of -fyl~ propKty tsxes, insurance pr ium~, ~ •~Rort~aap~ gulran{y ansurance premiums• ' : - C) ~ ~ ' IN WRNESS WHER60F, rhe ~aid MORTGAGOR has hereunfo set..his hind and teal tM day ~nd first afota~aid.:` c s~' "'d e'~ a~° °f: FI~ED AND RECORDEOI NS~ , ! ST. ~UCIE COUNTY. FIA. y ~S n ~ R'.CC1R~ VFAIFIED . n :1~8~2~ . ~ ' + iii~i _ • n - - - - - - - ~a~ - - - - STATE OF FIORIDA ~tl~D~1K 861S~3A8CIE 'R~C CIRCUIT COuRT ! HEREBY CERTIFY, That on this ay of 3~~ A.D. 19~ . , before me pe~sonally appeared ICglly Hall ~ - meapeOt'~et'~t President ~ 9eoet~qt , of K~llv Construction Comp~v , a Florida Corporation, to me known to be the personrdescribed in and who executed the foregoing instrument, andi~ally acknowledged the exe- l hi ! cution thereof to be ~rsfree ad and deed as such officers for the uses and pursoses therein mentioned; and that fhe! j affixed thereto the official seal of said oorporation, and the said instrument is the ad and deed of said corporation. WITNESS my hand and official seal at Fort Pierce said county an ata. f ~ ~ ~ ~ . i,`~ a~' - t~{otary Public, in d for State and County aforesaid. : ~ ; j . ~ 'L v Commission Expires: . G / 7 ~ _ ~ i 9 ~ ~ This instrument propared Iy ~ _ ~ i ~ " t+~t~y ~tK, sc~te •1 ` firs~ Federal Sav. & Loan Ass~1„ : ~ : ~ Q - of Hon.,a ,t ~ ; f Fort _ s~ ~9. 6, t9~j i ts~e.4 h e•~.K,. r~. a c.«,~+n co. Br ~ ~ . ~ ~ C . . ~ ( ( ~ o K172 PAGE1360 ~ - ~ _ - - - - ~ ~.v~ ~~~:r~~ - Y~~_ "