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Home My WebLink About2624 _ _ . p _ _ _ _ ~ { . ~ ~ ct:i`~~ ~t ' To pl~ ~nd ca?tieKwusly kNp on th~ buildi~+ps ~ww a t~aftN ~itwt~ on uM land ~nd on ~H eqvipmot Md p~nonally covK~d by thb monp~ +~~nn in ~~~wwl u~nd+rd policy faea fiin • wm app?owd by rM MORTGJ?GEE. i~n~wch + icompanY~~c~mP+~1~sMORt ~GE~TCaA~sEE n»y dlnctl ~nd ~II fir~ ~nd wie?ditorm in~w~na pdici~s on ~m? of wid 6uild~, ~ny intN~st thaein w put thawf, in tM ~ppreyats wm ~fae~aW a In ucna tMrwf, sMli conuin the wwl qandard morips~w d~ a such ah~r ci~ a rM Mortypse m~Y ?e~win. makinp tF?e loss undK said pol} c1N. Nch and ~wry. WYaWe b saW MORTCsAGEE as ib intt+~tt m~y ~pp~ar. and Nth a+id ~wry tuch policy ah~ll be p~omptly ass~yned ~nd dtlivK~d to anr MW by sald MORTGAGEE as ivnha ~ecurity to said mortpsp~ debt, and, ool I~ss than ron (10) dari in +dv+~?c,~ of tM ~xphatwn of each polity. ro d~- livu to s~id MORTGACaEE a nmwal th~rwf, topNl+N wttA a receipt fot tM pr~ni~m ot wd~ rse?ewafj ~nd then sh~ll b~ ~o fu~ w wind~lo+m kawuiq pl~pd on ~ny of s+id b~ildirg~, any iMerat tM?~E+ o~ part thKwf, unleu in tM fam ~nd with tM loss p~y~We a afons+idt +~d G+ th~ ~w^t +^1I of mon~y b~aanq pay~bl~ w~ wch polkY or Polici~s ~•id MORTGAGEE ~h+ll haw th~ optan to nceiw snd spply ths Mrne on +cco~~t of tM ir~btd~ neu secvnd h~nby p lo permit s.W MORTGI?WRS ro?.a.iv. ~nd uN h or any psrt tMreof fw othe~ purpoces, without theceb/ waivin,p or imp+ir 1rg +~Y M~~tY. lia~ or riyhl und~r w by virtw of this mortyptt and in ih~ ~wnt t~id MORTGAGORS sh~ll fo~ ~ny ~tawn fail to kaep 1M s~id p~~misa w inwrod. a btl ro ddivsr promptly any of saW polici~s of i~uwu+o~ to aW MORTGAGEE. ar fsil promptly to p+y fufly ~ny pn+nium the~+for or in sey reip~ct fafl b pKfonn. dtxhar~. ex~cut~ ~ff~tl. aomPlNe. canplY with ~nd sbid~ by thlt aownanl, a any part he?eof, s~W MORTGAGEE m+y pl+a a+d paY fa wd~ 4wwano~ o~ ~nr part tAanof without waivinp w affi~ctinp any option, Ikn, equity, w right u~der a by vir~w of thN Ma~t~pe. Md tin full a~nount of exh and ~wry wch payn?ent s1+i11 be immedi~tsly dw ~nd p.y~ble and shall biu intaett fiom tM dat~ thereof umtl paid at th~ rat~ ot nine p~r centum psr aiwwm and to~ether wi~h such interest sMll be securod by th~ lien of this mo?ty+pa 1. To pKmit, ooe~nut or wff~r no wstN, impairme~t ar dete~iaatan of s~id proparty ar ~ny put tl~ereof• S. To pry aN a~d sinpvlar the costs, cMrpss and expernes, indudinp a rsasonabk ~ttorney's fe~ aod wsn of ~bstracts of titl~, incwred or pa~d +t any time by saW MORTGAGfE, bacau~e o~ in th~ ~w.» of tM fsilu?s on tl+s put of tM ssid N10RTGAGOR to duly. promptly and fully perfwm, d~scharqR •xecvt~, ~ffecf. camplet~, canplr with and abide by eath and avery the stipulations, agreements, c«+diti«a, ~ed coven+nb of said promissory not~ ud thi~ mortyap~ sny or aithx. and said cosfs, charpes u~d ~xpenae~, e+ch and werY, sh+ll be immediattly dve and psyable: whetMr a not thers b~ ratia ds~ mand, attempt ro colkct or wit psndinp: ~nd ths full ~nount of ta~h. and svery svch pavmeM th+ll bssr interest from ths date thercof until p~id d th~ rare of nir~ pe~ cwuum per annum: and all said owts, d+uyes u+d expenses ina+rred or paid. togather with a~ch intaat, ahall bs ~sa+red by the lieo ot thit ' • 6. 1'h~t (s) in the +w~?t of any breach of thts Nloreyape w defavlt on the part of ths MORTGAGOR, or (b) in the event sny of said wms of moMy herein ~tfe?nd to bs na promptly and f~lly paid within thirty (30) dayi next after the same severally becane due and payabM, withovt demand a ~otin, or (rJ in the eveM each ~nd every the stiputatiora, sgrasnNnts, condiYanl rod cownann of s~id promiuory note ~nd this mortpage any w either ~n o01 ivly, promptly and fuily perfo?med, d~chuyed, executed, effected, eompleted, complied wirh and abided by, then i~ ei~her a sny such event ths s~id a~ gregate wm mentwned in said promissory note then remaininp unpaid, with intetest acaued, ar~d all mor~eys satured hereby, sMll beto~na dw and p~y~ able forthwith, or thereaher, at the option of said MORiGAGEE, ss futly and completely as if •II of tF~s said wms of ma~ey were wipiMtly stipulated to be paid on s~d~ daY, anything in sa~d promissory note a in this Mortgaye to the contrary notwithstandi~g: snd tl+ereupon w thereahe? at the option of uid MORTGAGEE, without notice a demsnd, wit ~t law or in eqvity~ 1F1lfQIOfQ M 1F1lfNf1H begun, m~y be prosecvted as if all mooeys secvnd herebr had mawred pri« ro 7n ins~~hrrion. 7. That in the event that ~t tFie beginniny of or ~i any time pendi~g ~ny wit ~pon tha Mortgaye. or to fweclos~ if, or to roform N, w fo enforq paymer?t e{ any d~ims herevoder, ssid AhORTGAGEE shall apply to the Court having jurisd:ction thereof for ths appointment of a Receive?, wch Cowt sMll FatMvith ~ppoiM s receiva of said mortgaged property all and iugular, includu~g all ar+d singulu the income, profin, iu~es and revenues fran whsteve? source dsrived, exh end every of which, it beinp expressly understood, is hereby morlgsged as if specifically tet fwth and dewibed in the ~nntirg and habendvm clauses hereof, and such Receiver ihall have all the broad and effective fw~ctions arx! powas in anywise entrusted by ~ Cou?t to s Receiver, ~od such sppoi~iment shall be made by such Cou?t as sn sdmitted equify and a matter of absolute r'ight to said MORTGAGEE. ud without nferenoe to th~ adequ~cy a irNdequacy of the vslve of the p?operty mortgaged or to the solvency w insolvency o( said MORTGAGOR or the defer?dann, snd that such rents, profits, inc«ne, issues and revenucs shall be applied by such Receiver accadioy to the lien w puiry of said MORTGAGEE and the practia of t~ch CouA. 8. To du{y, pranptly ~nd fully perform, d'+sdwr9e, execute, effect, oomplete, comply with a~d abide by each and ~vKy tM stipulations, ayreemants, condit~ora ard co+renanb in said promissory note uid u~is mortgage set forth. 9. 7hat in the evem the ownership of the mortgaged premises, w any part thereof, becomes vested in a person other ths~ the MORTGAGOR, the MORTGAGEE, its wccessors and usgns, m~y, withoW notice to the MORTGAOR, deal with such wueuor or succcssw i~ interest with refere~te fo this ` mortg~ye and the debt hereby senrred in the sarne maru~er as with Mortgagor without in any way vitiati~g w dixhargiry the Mortyagors' lisbility lKr~ under w upon the debt Ixreby secured. No ssb of the premises hereby mortgsged and no fwbearance on the p+rt of the MORTGAGEE w iri woteswn w assig~a snd no extens~on of the time fa the payment of the debt hereby secured given by the MORTGAGEE or its successors or ssi~M,:t~1~il; (~ps~N~ . ro release, discF~arpe, modify chanpe ar affect the orlginal liability of the.MORTGAGOR herein, either in whole or in part. _ - 10. It is spedfiutly agre~d tfiat time is of the essence of this connact and that ~o waiver of arryr oblgaYan hereunder or.~of •tln oblip~tion .si6. cured hsreby aMll at any time thereafter be held to be a waiver of the terms hereof a of the instroment secured herby. . j •a~i~~" 11. In addition to the forego:ng monthly payments of princ:pal and interest reqvired by the promiuory note secured' hefe~` ~rt a~d agrees to pay to mortgagee with exh monthly payment an additional sum estimated by mortgagee to be eqval to 1/12 of tt~e ~ ~ 1As ~ . . : - A-All real -pcoperty ts~ces' kvied or assessed agains! the abo+re described reaf estate. ~ ~ _ ' 1 : -•y : , . ; ~ = ~ B-Premiums on fire artd windstorm inswsnte as htrein requ~red to be ca?ried on the improvements sifuafe on iF~e ibo~?H ~~isO~bl~ pfe~. ~ C-Premiums on such mwtgage guaranty insurance as mortgagee shall from time to time deem fit to urry on the toa~ feEyrld ~ye?eb~ ; o; 3 ~'pd^-,- ~ Mwtgsgee shall fran time to time notify mwtgagor in writing of the amount due and;payable ~ierevnder and sudl w~+~'~Fiq31 ther Qler'.due~~rd : ~ payabk on the due date of the next monthly payment a n d e a c h successive mont h t h erea fter unti l mwtgagee shall noti f y Of a~ c M ~ f y e i p'woh ; ~ amount. Such sums sF:all be applied by mwtgagee toward the p~yment of real property taxes, insurance prem: , and n~ n o~ ~OKiqly•~wR~' prem"~ums. ' . ~ 4 ~ i % ~ ~ ~ ~ IN WITNESS WHEREOF, the ~aid MORTGAGOR h+s hereunto set his hand and seal ihe day and t aforwRid. N~~'~'~.. Spmd. a del' in tl~e p?esetKe ofs . By r• y 1 $ ~1 i~ S n FILEO ANO RECOROEd . _ ~ ST, ~UC~E COUNTY. F~A• n :~r rQRt? V~~lF!EO rs..n - - ~ - - - - ^ - - - - cQ " pM 3 : o i STATE OF FI.ORIDA lWUIVPI~ OF ~T. LUCIE,~ 1'71~5 I HEREBY CERTIFY, That on this day of October , A.D. 19 68 , before me personally appeared Kelly Hall ~TS RCt11T C~ ~ Aqp~l~c President ~ i~¦1¦~~t , of t ~ KBLLY CONSTRiICTION O~MPANY ~ a Florida Corporation, to me ~ known to be ihe persons described in and who executed the foregoing instrument, and severally acknowledged the exe- cution thereof to be their free ad and deed as such officers for the uses and pursoses therein mentioned; and that they affixed thereto the official seal of said oorporation, and the said instrument is the act and deec~_ of said corporation. WITNESS my hand and official seal at Fort Pieroe , said coun ,art~l'.sfa1~~•,,~ i, . . 'i, .a ~ . . . . . ~ ~ _ . • s - Notary Pubtic and for Stat~ ~~6fl~resald. 1 This insfrumen~ prep~red tiy My Commissi ~~r~s:''~4~_<~ ; ~ federal Sav. & Loan Assn. . :Y .t t~roe . . - ~ 6 ~n , F~t P'ier . ~ .~.w~:~ ; • .,~~i..r~~. _ ' . ~'i`~~• ~L . i Chedced - . D ` • - ~~..!t,,u~~~ ti:+~.,'~~~ 800K~7J PAr;E~~~ ~ _ _ ' i { . E ~ , ~ - _ . _ :~~--Y.,..:~~= -