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Home My WebLink About0774 . ~Z ' - ~ To pl+o~ and continuously kNp on th~ buildinps now a Mr~+ha situaq on said land and on alt equipm~nt aad pKwnally ww+~d bY this enortq~ p~o, with ~II pnenivms tMrwn p+~d in fuli, fin i~auwna in tM uswl ita~dud policy twm, in ~ ~um approwd by tht MORTGAGEE. ~nd windsrorm trowanc+~ in tIN vswl sund~rd patcy form, in a wm ~pprovad by tM MORTGAGEE, in wch car+P+nY o? a^mWeia ~s tM MORTGAGEE n?~y dindt and sll fin u?d wind~torm imuranc~ polKws oe~ any of ssid buildu+p~. ~ny interest tiwein o? pa~t thavof, in the apyrey~te wnn ~faaaid o~ in ~xce~s tMrwf, sMll contain the usual sta~da~d mortqaye~ davs~ or such otMr cl~us~ as tM Mortpa~ maY nqu~r~. maki~p tM bss under uid po1F ci~s. Nth ~nd ~vKy. MY~bI~ ro said MORTGAGEE p ib interest may sppsar. ~nd eath uid ~very such polity sF?~II b~ promptly au:y~ed and deUwted to ~ny h.Id by aid MORTGAGEE u tunh~? security ro s.id mw+y+y~ deb~. +nd, not ku ti?~~ len (10) days in adva~u of tM ~xpkatioe~ ot sach polity. to dr liva ro said MORTGAGEE a renewal thenof, tope~her with a recsipt for tl~e pnmium of iuch renewal; ~nd IMn shall b~ no fire a windi~orm tnw~a+~c~ plapd on ~ny of s~id buildinp~. ~ny tntereit the~ein or p+rt thsreof, uoleu in the (wm u+d with tM loss payabi~ u ~fons+id~ s~+d in th~ ~wnt aey urm of moMy beconws p~yabl~ undN sud~ PoIkY e? Polici~s s+id MORTGAGEE ihall h~w ths option ro receive snd appty ths s+m~ on +ccow+t of tM i~debtad~ Mss s~cvred hsr~by w b permit s+id MORTGA(30R5 fo nceiw and ~w if w a~y psrt thereof fa other purposes, wi~hout thareb; waivi~~p w impair- inp ~nr puity, Ii~n or ri~ht wda~ o~ by virtw of this mortyaps: and in the ~wed wid MOATGAGORS shall fa any :eason f~il ro keep tM s+id premises so inwred, or fail b d~live~ promptly ~ny af wid policiss of iruu~anu ro said MORiGAGEE, a f~il promptly to pay fully any premivm thcrefor w in any rt~p~et f~il b p~rian4, dischar9e. ~xecut~, eff~ct. compbt~. comply with u~d ~bide by this cow~+ant, w ~ny part hereof. aid MORTGAGEE msy plact snd p~Y fa wd~ insu~rana or ~ny pwt thsrwf without w~Ninp a ~ffactirg any optwn. li~n, puiry, a riyht unde? or by virtw of this Mwt~ags. +nd tht fvll s~naxN of ~ad~ ~nd ~wry such p+yn~+t ~i++~~ bs immed~+tely due a~d p~y+ble ~nd ihall bear i~+terest from tM date thsreof wdil p~id at tM rab ol niM ~fM CMf1M~1 ~1N ~MYm M1d f0gllMf wirh such i~terest ~SII be securcd by the lien of this mat9ape. 4. To pKmit, ooenmit a wffK oo wut~, imp+im~e~t w deterioratan of said property a any ps?t thereof. S. To p~y all and sinp~lsr th~ costs, charyes ae~d expen~es. i~ctudinp a reasooable attomey's fee snd cosrs of abst.ec» of ti~b. incurred o? p~id at any tirne by aid MORTGAGEE, because o~ in the ewnt of ths failu~e a+ the put of tM ~id MORTGAGOR ro dulv, ~omptly ~nd fvlly p~.form, dischargt sxecvt~, ~ffec?. oompkt~. comply with snd abide by ~ach ~~d every the stipulations, spreeme~ts. ca~ditions, and eov~nants oi said promissory noq and thu mwtyap~ anp a si~her. and s+id costs, chuges ~nd expenses, each end every, shall be immediately due and payaWe; whether a not there b~ notice ds mand, anempt to colMct or wit paxlinyt snd tM full aieavM of each and every such psyment shall besr interesl from ths date tM~eof until p~id at the rate of nine per centuns per ~mwm; and all said costs, cl+ar~es and ezpenses incwred or paid. together with such int~rest, sh+ll bt t~turod by 2M (i~n of thu morlp~. b. ?1wt in the ~vent of ~ny breach of this /Nortpag~ or default on the part of the MORTGAGOR, or (b) in the eveM any of sa~d sums of monsy her~in nfarred to be not pramptly ~nd fulty p~id within thirty (30) days next after the same sevenlly become due and psysbk, without demand o? notice. w W In the event each and ~very the stipulations, s9reements, ca~d~tions aod coven+nn of ss~d promissory note anJ th~s mort~spe ~ny o~ e~ther ~n ~w1 ~uly. promptly and fully perfwmed, disch+rged, executed. effected, compkted, comp{ied with ~nd abided by, then in either w sny ~vch went th~ said ag pre9st~ wm mentwned in taid promiuwy note then remaining unpaid, with interest acuued, and all moneya secured hereby, shall becom~ dw and pay- eble {wthwitiy a thereaher, at the option of said MORTGAGEE, as fully and completely as if all of the said wms of money were wiginally atipulated ro be paid o~ wch d~y. anythi~+g in said promiuory rote a in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at tM option of uid MORTGAGEE, without notice o? demaod, svit at law w in equity, tF+erefore ar thereafter begun, may be prosecuted u it all rt~onsys secvrsd hereby had man,red pt~« ro~n insNwt~on. 7. Th~t ie th~ we~+t th~t at the beginning of or at ar~y time pendi~g any wit upon this Mortgsge, w fo fc:eclose it, a fo refwm it, or M enfo?p payment of any da'uns Aereunder. said MORTGAGEE shall apply to the Court having jurisd~nion thereof for the appo~ntment of ~ Receiver. svch Court sMll forthwith sppoiM a receiver of said mwtgaged property all ~nd singular, includmg all and singular the income, profiri, iuves snd revenues from wMte~e? source derived, exh and every of which, it being expressly ~nderstood, is hereby mortgaged u if specifically set fwth and described in tM ~?antug and habendum dauses hercof, and such Receiver shsll h~ve sll the broad and effective funcGor?s and powcrs in anywise entrusted by ~ Cou?/ to a Reoeive~, and •uch appointment shall be made by such Cowt as an admitted eqvity and a matter of absolute right to said A.JRTGAGEE, and witAbut reference ro th~ adequxy or in~dequacy of the value of the property mwtgaged or to the sowency w i~solrency oi said MORTGAGOR o. ~he defendann, and that avth rents, profits, income, issues ~nd revenucs shall be applied by such Receiver accwding to the lim or equity of said MORTGAGEE ar?d the ptactite of wch CwNt. 8. To duly, promptly and fully pe~form, discharge, execute, effect, complete, comply with snd abide by each and every tM 3tip~lations„ ag~eemsnb, condtioro and mven+en in said prom'~ssory note and this mortgsge set fwth. . • 9_ That in the event the ownership of the mortgaged premises, w any psrt tl+ereof, becomes vested in ~ penon othe? tha~ tM MORTGAGOR, tl» MORTGAGEE, Itt sucoessws snd auiyns, msy, without notice to the MORTGAOR, deal with such succeuor w successor in interest with reference to this mpt9ap~ and the dtbt heteby secured in the ssme mamer ~s with Mortgaga without in any way vitiating ot dixMrging the Mortysgors' (isbility hera under w upon ths debt hereby secured. No ssle of the premises hereby rtwrtgaged and no fabearance on the part of the MORTGAGEE w in suocesson w ~uigm +nd no exrension of the time for the payment of the debt hereby secured yiven by the MORTGAGE~ w its svcceuors or assi9ns, ~II operate to rele+s~, dischsrye, modify charge or affect ths original liabil~ty of the N10RTGAGOR he?ein, either in whole w in part. 10. It b specifically agreed that Yune is of the essence of this contract and thst no wsiver of any obligaYan hereunder w of the obliyaYan se- cured haeby shall st any time tfxreafter be held to be a waiver of the terms hereof a of the i~su~ment secured herby. 1 In additan to the forego:ng monthly payments of princ:pal snd interest required by the promiuory note setvred hereby, morigagor nri and sgrees to pa ee with each monthly payment an addi~anal sum estimated by mortgagee to be eqyal to 1/12 of the o the follow- in9o A-All real property taxes kvied w assessed ags~. described real estate. ' B-Premiums on fire and wi~dstorm iruurance as herein requ~red to improvements sitvate on the above deitn~lxd pren?ises. ' C-Premiums on wch morfgage gvaranfy irtsurance gee shall from time to time ' carry on the bsa -sepur~, hereby. ~ IrAortgagee shall from time to tim ' mortgagor in writing of tFx amount due aad payable hereu~der a rli~s i~l ~s ~ '1~4 aVi and payabk on the dve date o monthly payment and each successive month thereafter ~rtil mwtgagee shall no~i~ji _~~p ~l1~8p~ '-svch ~ arrw~nt. a be applied by mortgagee toward the psyment of rea~ property bzes, insurance prem~, ~ ,'4~Oi~ ~r ~nte - , . . : : •rV - i % < ~ WRN EREOF, the uid MORTGAGOR F»s herevnto set his hand and seal the day and yea~ firs~,~qe~id` ~~~~ti and tdel' er in the presence of: ~ rJ S,3 , _ FII.ED ~ND RECORDED ~ST ` ~ U" - h J~..~ LUCIt ~QUNTY. FL:~. B r q _ . ' o s n 1'75`7J3' Attest: ~ 0 . ~ ~ a- - _ . . _ i 9 WI t t. 2~--- - ~ STATE OF FLORIDA ;?~,,C~11~~~§T. LUCIE I HEREBY CERTIFY, That on this 1~lil£ R K~~~ ~~T C 0 U~rCh , A.D. 19 6 9~ before me personally appeared Robert E. Rose 8~ Mary Rose respettively President and Secretary" , of Westglen Corporation Florida , a Corporation, t~o me ~ known to be the persons described in and who executed the foregoing instrument, and severally a~pvwisdqgd the exs- cution thereof to be their free act and deed as such officers for the uses and pursoses iherein `~~'~e~;~w~e~ith~~ they affixsd themto the official seal of said corporation, and the said instrument is the act anc~'dj iir,plf~id:cq~:~y,etion. ~ ; : ti WITNESS my hand and official seal at Fort Pierce , said coury enc~ sia~e.41 C I ~ ~ i j : - ` . . • ; = • a • = ; This instrument prepared by ~ ~ -l ~j y?10 ~~.r:R~ : ~ . . . Fi?st Federal Sav. & Loan Assn. of Fort Pierce Notary Public, in and for S ~ My Commiuion ' , a~~~ Thoaas A. Driscoll ~r Co~sio~ . ~ - - M.IN b IW~NN Astidw ~ WM++ C~. c.~... ~wp ' ~f - ~ 3 - 7~- BOCK 17~ PACE 7~ . ~ ~ . _ _ - _ : - - ; ~3.. ~ _ ~