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Home My WebLink About1547 y ' , ? S. To plac+ and continuously kNp on th~ buiidiep~ now a h~r~ahK ~itvab on s+id land ~nd on all eq~ipmsnt u+d p~rson~ily cow?td by this morq~ I with ~p premiwns thsreon pa~d in full, fin i~wanc~ ~n tM uswl tundud poticy fam, in • tum approv~d by tha MORiGAGEE, a~d windstwm I iniwana in th~ vswl a~~da.d polrcy fan~, in a sum approwd by tM MORTGAGEE. in wch company w con?p+nies- +s ~M MORTGAGEE n++y dindt and all tir~ and w~ndstorm inswanc~ po~ici~s on +~y of said buildinps. ~ny int~rpt tlwtein or part thereof, in ~Fr ay9re9are wm ~faaaid w !r+ exnu tl~wf, shali contafn the usu+l stu+dud matyape~ cl~us~ w wd+ wha clau~ as th~ MaropN m+y rpuw~. m+?inp tM bu undK said po~F ciss. each ~nd ~vNy. paYabl~ ro wM MORTGAGEE ~s in interat may app~a~. uid each and ~ve~y avch polky thall b~ promptiy aas:pned and deiivaed to ~ny Mid by said MORTGAGEE as tunhet securiry to s~id mortpap~ debt. and. not less tb+n ~en (101 days in +dv~nc~ of tM eapir+tion of each polity, ro da liwr to s+id MORTGAGEE • nnewal tF~eof, topelMt with • receipt fw tM p~miwn o~ wth renew~l; and 1her~ shall be no fi~~ w windstam insurance plaad on ~ny of said buildinps. ~ny intaest tl+a~ or p+rt tMreof, vnleu in tM form and w~~h ~M ioss wr+bh as ~fwes+idj a~d in the avMt ~ny swn of nioney becoma payab~e under sud+ policy or po~iciss s+id MORTGAGEE ~hall f»w tM option ro ~eceive and ~pply tM same on ~ccoum of tM indebted~ neu se:vr~d hasby or b permit s~id MORTGAGORS to rsc~iw ~nd use it or any part thereoi for other purposea. wi~hout thareb~ waivi~~ a~mpair- ;n~ any pu;ty, li~n or rghl under a by virtw of this mortpaqsj and in tM ~vent said MORTGAGORS shall tw sny reasa+ fail to keep the said p?amises so insured. or iall b delivK promptly ~ny of ~id pofities of ieavr~np ro ssid MORTGAGEE, w fail promptly /o pay fvity any premium therefa a in any r~spect (~il b p~.(wm, d~xhu~, ex~at~, ~ffect, comp!ete, con?p1y with and abide by this cove~aN, o? any p+n her~oF, sak! MORTGAGEE may plac~ and paY fw ivch ie~panct or any put fMreof without waivinp or aff~clinp +~y op~ia4 lien, eq~ity. a right under or by vinw of this Mortyay~. a~d t~+e full smount of ~ach u+d evtry svch payment sh~ll M imrt~ediat~ly dw and p~yabls and shall bea~ interei~ from the date tF?ereof until paid at ths rat~ ol nine psr centum pe~ ~nnum and to9ether with such interest ihs1l be secured by tM lien of lhis mortpape. 1. To pKmit, m~nmit or suffa no wasb. kopa4meot or deterioration of uid property or any p+rt thereof. S. To p+y ~II and sirgulu the cwts, charp~s +nd experoes, incl~dinp + reasonabk attorney's fes snd cosq of ~b~tracts oi title, incuned w p+id at ! sny time by said MORTGAGEE. becaus~ o~ i~+ th~ ~wnt of ths f~ilu~e on the pa?t of tl+e s~id MORTGAGOR a duly, pranpNy aru! fully perfwm, d~xtw9~ e:ecut~, d(~ct. complete, compty with and abide by each ~nd every the stipulations, agreementi, conditiau, end mvenann of said promi:sory note and ~his mortp~pe ~ny or ~i~her, and said costs, cMr9es and expenses, each +~d evaY, shall be tmmediatety due ~nd p~yable: whethcr or not there ~1! f101iC~ de~ m~rd, attempt to collect or wit peodlrg: ~ the full anaunt of exh +nd eve~Y s~ch paymem shall bea. iNerest from the date thereof until p~id s1 tfit rate of ein~ pcr centum per ~nnum: and all said cos~s, cMrqes snd expenses inturred or paid, together with such interest, ahatl b~ secured by the lien of tha ^+wtp+~• 6. That W in the eveM of any breach of this Mwtgay~ or dafault on ttr p~rt of tlx MORTGAGOR, w(b) in the eve~t any of sa~d sums of money herein refetred to be not promptly and (ully paid wi~hin thirty (30) dsys ne:t ~fta tFx same severally become due and payable, without demand w notice. or in tM eveM exh and every the stipvlations, sgraem~~ts, conditions and covenanb of sa~d pr«ri~sso~y note and th~s mortyape a~y w eithe? are nol iuly. prompNy and fulty pe.fwmed. dixha~ged. executed ~ffected, completed. tomplied with and sbided Sy, then in either w any such event tM said ag pregate wm mentia~ed in said promissory note then remaininp unpaid, with interest acuued, and all moneys secured hereby, shall becorRe due and pay~ able forthw~th, Of 1F~QtNffM, et the op:ron of said MORTGAGEE, as fulfy ~nd complercly u if all of the said wms of mor?ey were originally stcpul~ted to be p+id on such day, anything in said promissory note or (n this Mortgage to the comrary notwithstanding; and thereupon or thereafter af the option of said N10RTGAGEE, withovt notice w ckmaad, wit at law or in pvity, therefwe w thereaiter begue, may be prosecuted as if all naneys secured hereby had mstured pna to iri insGtution. 7. That i~ the event that at the beginning of ot st ~ny time pending any svit opon this Mortgagc, or to foreclose it, w to reform it, o? to enface payment o( any claims I~ere~nder. said MORTGAGEE sMll spply ro the Court having jurisdictan thereof fw the appointment of • Receiver, such Court shatl Fwthwith ~ppoiM a rcteiver of wid mortg~ged property all ~nd sing~lsr, includmg all and singular the income, proiits, iuues and revenues (rom whstever sourc~ derived, each and evcry of which, it be+rg expressly underitood, is hereby mortgaged as if specJically set for~h and desuibed in the granring and habendwn clauses hereof, snd such R~ceiver sl?all have ~II the boad and effective funct~ons and powe~s i~ anywiu entrusted by a Court to a Receiver, and such appointment shall be made by wch Court as an admitted equity a~d a matte~ of absolute right to said MORTGAGEE, snd without reference to the adequaty a inadequacy of ihe value of the property mortysged w to the solvency w insolvency of said MORiGAGOR a tM defeodann, a~d that such reros, profits, income, issves ~nd revenves shall be applied by such Receiver according to the lie~ w equity of ssid NWRTGAGEE and the practice o1 such CouA. 8. To duly, promptly snd fuly perform, d'ucharge, execute, effect, compiete, comply with and abide by each and eva?y the stipulations, agreemenn, condifions and covenams in sa~d promisso~y note and tha mortgage set for~h. 9. That i~ the eveM the ownership of the mortgsyed premises, a any part tF+ereof, becomes vested in a person other than the MORTGAGOit, the MORTGAGEE, iri successon and auigns, rt?ay, without notice to the MORTGAOR, dtal with such succeuw a successor in interest with reference to this mortgs9e w+d the debt hereby secwed in the same mar~ner as with Mortgagor without in a~y way vitisting or d~scharging the Mortgagors' lisbility here- under or upon the debt hereby secured. No ssle of the pemises he~cby mortgaged +nd ~o forbearance on Ihe part of ~he MORTGAGEE or its successors or auigns u?d no extension of the time fo? tlk psyment of the debt hereby secvred given by the MORTGAGE' or its s~cceuws or auigns, shall operate ro release, disthar~e, rtadify thange o~ affect the wiginal liabiliry of the MORTGAGOR herein, either in whob or in part. 10. It is spec~fically agreed tiWt time is of the asence of this ccntract s~d that ra w~lver of any obligatwn hereunder or of 1F~e obl'gation se- tu?ed hereby shall at any tune thereafter be held to be a waiver of the te~ms hereof or of the instrumeM secured herby. 11. In addition to the fwego:ng monthly payments of print pa) snd interest required by the promissory note secured hereby, mwtgagor covenants i and agrees to pay to mortgagee with esch montbly psyment an add~rional sum estima~ed by mortgagee to be equal to 1 f 12 of the am~al cost of the follow- A-/lll real property taxes kvied or assessed agai~st the above dewibed resl estate. B-Premiums on fire arxl windstorm insurance as herein requ~red to be carried on the improveme~ts situate on the above desuibed premises. C-Premiums on such mortgage guaranty insvrante as mortgsgee shall from time to time deem fit to carry on the ban setured hereby. ~ Allortgagee shafl from time to time notify mortgsgor in writing of the amount due and payabk hereurtder and such sum sF~a11 YhlYeupof)~ be due and ! Gayab~e on the due date of the next monthly payment and each successive month thereafter urtil mortgagee shall notify mortgsp~"L1a~~c~wnqe in such amoum. Such sums shall be applied by mortgagee towsrd the paymcnt of real property tsxes, ins~rance prerrt.~ms, an~• w~rta~p~..y~~ra0/y inwrance ~ premiums. ~ IN WITNE55 WH EOF, the said RTGAGOR hss hereunto xt his hand ar~,seal the and fi t C r. - _ ~ ~ kd presence of: _ - . ByS - ~ . • rA . _ - . ~ n Attest: . , 4 ` - _ _ - - - - - = - - - --.•sr-•h,;,-3- s ~ STATE OF FLORIDA _ COUNTY OF ST. LUCIE 1 HEREBY CERTIFY, That on thi: ~-7 ~sy of January , A.D. 19 69 ~ before me personally app~sred -_-7~hn p_ uotip a~ Rre~ F, a~a~s r~~;~y its pr~ident and Sscretary , of i- ~ H& A RENTALS~ INC. , a FI1]RI nl? Corporatip~l.,..~k! i~ ~ known ro be the persons describsd in and who executed the foregoing instrument, and severally acknow "the ext , 'e°~ ~ ~ cvtion thereof b be their fres act and dsed as such offiQen for the uses and purposes thsrein m~nYw?~d;'ar~}~st~„~. ~ effixed th~eto th~ official sesl of said aorporstioii, and th~ ~id instrument i: the act and deed o~" ~sid~~ioor~~ibi~.~_ ~ wITNESS my hand and official seal at ~orf Pi~roeSt. Lucie ~ ~ , se;d aounty snd state. ~ C,~iv R,~ FILED AND RECORDEO" • ' ~ ~ This instrument prepared b~T. LUCIE COUNTY. fLA:' ' ° First Federal Sav. & L08t1 ASStI. RECORD VERIPIED Notary Public, in and fa State and Cou~ty afor~id. ~ of fort Pierce 1?~1~(~ My Commission E~cpires: ~1-~-'~/ R. Kayes ~ ~Y ~~~~~~AyE~OF_FLO~I~A AT LARi[ B~ 2' ~ IO WMO[O 1MROIJ~N ~REO .v. oEcsrc~kow9~' ~jY~ Tll~.~ CL~f~k ~~f?~JR7 ~OURT ~ ~YY aooK~?~ ~1544 ~ f ~ ~ ~ _ ~ _ . _ _ _ _ t } - _ ~ . . _ _ _