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Home My WebLink About1406 ~ ~ a. To plau and conNnuousy kNp on tM buildi~qs ~aw a MrNh~r ~itwN a+ said Iand ~nd on dt putprMnt ~nd p~r~oe+ally oovK~d by this narq~ p~, with ~il premiwm thtrwn psid in fvil, fih insw~eu in 1M wwi ~tandard policy form, in ~ wm approved by tM MORTGMGE~Ru~ciAGw~nds~~Y Irawanp in N» uswl uu~dard policy fore4 In ~ wm app~owd by th~ MORT(3AGEE. h wch compinY o? comP+n3es dinct~ and ~11 fb~ u~d wind~wrm inwranoi polk3a on +ny of aid hviWi^p~„ ~^y in~enst Mwtln or pa?~ tMreof, in tF+~ ~rp~t~ swn aforesaid w In ~xcws therwf, ~h+ll oont~in tF» wwl uandard maty+p~~ cI~N a wch aha c~~u~ ~s tM Mortpa~ may n~win. m+k4~p tM bst ~r~de~ s+~d Pd} citi. Nch ~nd wt~Y WY~bi~ b saW MORTGAGEE ~s ib intKat m~y app~ar. and ~scl+ and ~v~ry i~rch policy ~11 bs p?on+ptly +s~:9ned ~~+d ddivend to ~ny h~ld by s~W MORTGAGEE ~s furtMr ~ea+rity to s+id monpap~ d~W. +od. ~oe I.ss ~h.n ~N+ (lo) days in ad~+r+o. oi rM .xpk•tan of .~ch po~~cy, ro d.- ~ livw ro aW MORTGAGEE • nntwal tlwnof. topttha with a naipt fw tM p~miwn of wch ~~r?ew+lt and then sh~il b~ no fu~ w winditam inwaoc~ pl~qd on ~ny of ~aid bui~dinps, any inta~st tMrNn w p+rt th~+eof, unb+s in th~ iam ~nd wi~h tM loss p+y+bl~ u ifO~fMldJ N~ M? tl~f ~wnt an~? wm of mp»y baan~s p~Yabl~ u~ wch policy w politia s+id MORTGAGEE sMll Mw the optan ro roceiw and ~pply tM same on ~aa+m o( the indebted- nttl s~cw~d hKeby w b permH s~id MORTGAGORS ro ~piw aod w~ h or ~ny pul fhereof fa ott?e~ purposes, without thtreb/ w~ivi~~ w impair- inp aMr pu;ty, lian or riph~ undar or by virtw of H?is mortp+p~s Md h tM ~wet wid MORTGAGORS shall fw any reaan fail to ke~p tM s+id prnnisea w inwnd, o~ f~ii b drlivsr promptly anY. of said policia of irq~r~++o~ b s~id MORTGAGEE, a fail prompNy fo pay fully ~ny pr~n?i~m thErefa a in u+y r~s~cf faU W p~rf«n4, disch+?9~, sxecvt~ ~ff~ct. con?Pl~t~, comPb with ~nd ~bid~ by this coveoan~, w u~y part hsrwf, uid MORTGAGEE m~y plac~ ~nd psY fw arch irawanct a ~ny part thKwf without waivinp or ~ff~crinp any optioo, li~n, eqvib. w ri9ht wder a by virfw of this Mo.tya~. +nd the full anww~t of ~ach ~ed way wch WYm~nt sh~ll b~ imm~diaNiy dw ad p~yaW~ and sMll bear interast from ths dat~ thereof until p+id ~t tM rat~ ol nin~ pu tantvm p~r annum and toyetha with s~th interesl aFall b~ setund by tIN lien of N+is mortya~e• 4. To p~rmit, commit a wHa no wate. imP+kment a d~t~iaration of ~aid p?opKty w any part thereof. 5. To pay all and tirgular tM costs, cl~upes u?d ~xWnw~, includinp a reason~ble +»wneY's fes snd oosts of abstrscts of title. incuned a paid ~t ~ny Wn~ by said MORTGAGEE, b~cau~e or in th~ ewnt of the failun on tir put of ~M s+id MORTGAGOR w duly. promptly ~nd fully perforrn, dischup~ sx~cvt~, ~fhd, oompMt~, o~mply with and abid~ by each and wery tM st~pulations, sg~eements, caxlitioes, and cov~snts of said promissory ~ote ai+d this mwtppe any or ~itha. anJ ~aid cosn. chupes ~nd ~xp~ns~s, s~ch ~nd wery, shall b~ immediately due and p~yabl~; whethe? a not th~n t» eotioe ds ' mand, ~ttempt ro oollect a wit pendirpj and th~ full amow~t of ~ach and ~vary sud~ p~yment sh+ll bsa. interest from th~ d~te tMreof ~ntil p~id at tM rate of nine per centum pe? ~wwm; ~nd ~11 sald oosts, th+rpts ~nd exp~rnss intvrr~d or paid, ropethe~ with such interast. sh+ll b~ searad by tM I'Nn of tha mortp+D~. . b. Th~t W in tM went of any brs~d~ of this Mort9ap~ w default on tM put of rhs MORTGAGOR, or (b) in the event any of ssid sunn of monay herein «farred ro b~ not promptly and fvlty p~id within thirty (30) days next after ~he same severally become due and p~yable, without dem+nd a notics, or (v tn tM ~wnt e~ch and ~very tM stipula~io~s, ~greemtnri, co~ditions u?d cov.^+^n of si~d promissory nots snd this mwtysps any w eitha? are o01 iuly. prompNp and fully perfo?mad, dischu9ed, sascuted. ~ffected, compl~ted, complied with and abided b1r, than in e~ther or any such ~wnt tM said +p~ pregat~ wm mentia~ed in ssid promissory rwte tF~e~ rarnaininp unpiid, with imerest acuued, and all nwneys secu~ed hersby. shal) bec+om~ due u~d pay- abk fonhwitly or thereaher, at Nw optan of said MORTGAGEE. u f~lly snd completely u if all of the said wms of money were ai~inally ~tipulsted ro be paid on such d~Y, anythiny in s+~d p?omissaY not~ w in this Mortys9e to the cont~~ry notwithstsnding: and thereupon w thereafter sl ths option of said INORTGAGEE, without no?ic~ w ds~nand, wit st I~w or in puity, therefore or there~fter be9un, may be prosecuted as if all nw~eys s~cured hereby had rtatured pr~ior fo in iastifution. 7. Th~t in tM avent thst at ths beyinning of w at ~ny tim~ pending +ny wit upon this Matgsge, a fo faeclose It. w to reform it, a to e+~foros payment of any cbims here+u+der. s+id MORTGAGEE shall apply ro the Court hsving jwiad~dion tFrcreof fw the appo~ntment of a~Receiver, wch Cowt shatl Forthwith sppoiM • rcceiver of said matyagad property +~I uid sirgula?. includu+g sll snd iu,gulu tF+e i++come, p~ofib, iuues and revenues from wMt~ve? soura derived, exh ~~d every of whkh, it bcinp expressly ~nderstood, a hereby mortgaged as if specifically set forth and described in t!?e prantinp u+d habe~xn ctauses hereof, and such Receive~ sh+lt Mve sll the broad ~nd effecrive fvnctbns and powe.s in snywise entrusted by ~ Court to a Receiva. and such appointment shall be made by wch Court as sn +dmitted eqvity sod ~+tiner of absolute ~iyht ro said MORTGAGEE, u+d without refere~ce to ths sdeqwcy or in~dequacy oi the wlue of tAe properry mwt9~yed o? to the solvency or insolvancy of said MORTGAGOR or the defqndants. and that such rents, profits, income, issves snd revenws shsll be applied by such Receive~ xcordinp to ths lien or eqvity of said MORiGAGEE and the practice of such Covtt. 8. To duly. promptly and fully paform, d'ach+?9e. execute, effect, compkte, canply with ~nd ~bide by each and ewry the stipulatioos. ~greemenb. ~ cond'dions and covenants in sa~d pranis:ory note and this mortgsge set fatl~. , 9. That in the event the owr+ers!?ip of the mortgayed prere'nes, or soy psrt thereof, beoon+es vested i~ a person other than the MORTGAGOR, tl+~ i MORTGAGEE, iri successors snd auipm, may, without ~otice to the MORTGAOR, deal with such wcceuar or successor in interest with reference ro this morr9pe and the debt hereby secvred in the sams ma~uror ~s with Mortgagor without in any way vitiating w disclNryirg the 1Nortgagon' liability hers under w vpon the debt hcreby secvred. ' No s~l~ of the premises hereby mwtgaged and no forbeara~xe on the pan of ths MORTGAGEE or its successon w augm a~d no extension of the time fw the payment of the debt Mereby secured given by the MORTGAGEf or iri successas w sssigro, sh~ll operats ro release, disch+rye, modify dWnfle or affect tMe o?iginal lisbility of the MORTGAGOR herein, eithsr in whole or in part. :_~w 10. It is specifically agreed that time is of the essence of this coMrsct and thst no w~iver of any obligaYan hcreunda ? o~~tv ~p~tjq~~ation ~e- cured hsraby shall at any time thereafter be held ro be s waiver of the terms hereof or of the instrument secured herby. n; ~~r,.~ . In additwn to tlx fwego:ng monthly p~yme~b of princ:pal and imerest required by the promissory note secur~d, and agrees rt ee with exh mo~thlY payment an additionsl sum estimated by mortgsgee to be u aMu~l~of thO~EoMew-. ing: ~ ~ i ~.i-.•~: : , A-All real Prope?tY taxes kvied or assessed agains desu' estate. ; ; , 8._- _ B-P~emiums on t~re ~nd windstorm insurance as herei ~ ro be urn emenh sitwte on the abore de~i~ed p~a~.-'~3: x= C-Premiums on such mortgage gwrnn nce as mortgsgee shall from time to time deem fit ro the loar~ abc~?~fld',i~et~liy. ~ ' Mwtgsgee shall from ti notify mortgagor i~ writing of the amount due and payabk hereunder and such sum. ~ ar~d; ~ I payable on the d the ~+ext mo~thly payment and each successive month thereafier until matgsgee shall notify morty_ag6r~~ •inr.•~ucli _ ; amount. shall be spptied by mwtgagee foward the p~yment of real property taxes, inwrance prem:ums, and moifg~e yy3f~lf~`i• , ~ ~ . v V 1 er {N WITNESS WHEREOF, the said MORTGAGOR h~ hereunto set his ha~d and scal the day u~d ye+r fint aforesaid. /~~j"'°'='-"`'•~• gned, Se and d ed in tM pres~noe of: ~ EO AND RECORDED' ~ . UCIE COUNTY. FLA. By: n. ~~:COR.~~~~P~Attest: ~ ~ ; ~r ~s"~ ! - - 27-- ~y--~-.- ts-~ _ - - - STATE OF FIORIDA COUNTY OF ST. ltJC1E I HEREBY CERTIFY, That on thi ~R ~~AS~~TJanuarv , A.D. 19 bafore me psnonally appeared - Edmund M. Radke a~ DoYis M. Radke respedively President and Seuetary of ; SDMAR INC. ~ a FLORIDA Cprporation, to me ' ~ known to be ths per:ons desuibed in and who executed the foregoing instrument, and severol~ acknowledged the exe- ~ c~tion thereof to be their free act and deed as such offioera for the uses and purposes therein mentioned; and that they ~ effixed thereto the offitial seal of said oorporation, and tfi~ ;~id an~trvptent is the act and deed of said oorporation. ~ 1 ~~4.:••~-~~' \\{{11 • -F-..~'. WITNESS my hand and official sea! at Fort Pierce ' -~'`~~,f said aounty nd state. • , b - This insbrument prepared y : Frst federal Sav. b LOatl AiS~• ~ i tery:~trblie, and for State and County aforesaid. of fo~t Pierce . : : . ~~ras, ~ ` , ~ ~ J. Chastain _ , ir : ~ ~ s.. - ; ~ r' . Q ` Notary Aiic. Sti1e of Haida at larqe . _ o.: ; ~ . `ti; . . _ Co+wvessioa Expires lwq, 5, t'Ii Ti ••,.,-r'~ $?i••~ Wfdre~~~~jsa~cLr . ~~•T: - ~ . . f " ~ ~0~ ~ - ~-A~~ _ ;