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Home My WebLink About1130 ~ [ ~ ~ . { j `l~ To plan and continuo~sly k~ap on th~ buildinps now a Mr~~fl~? ~itwt~ on said IM+d a~+d on dl p~iprn~nl and p~~~onally covK~d by this mat¢ ~ .Q~, with ~II p~miums thenon paid in full. fire insw~nc~ i~ ~1?~ uwal ~und~rd poticy fo~m, in ~ wm approv~d by th~ MpRTGAGEE, a~d windshxm ~nswaec~ ie tM usual ~randa.d pol+cy fam, i,+ • wm approv~d by th~ MORTGAGEE. in such comp~e?y or tompania u tiw MORTGAGEE n~r ; ditKfj afld i~~ flff ~nl~ Wi~310f1~1 iMYINK~ POlitils Of1 ~11y Of Wi1J buiWinOi, MIy 1l1M~yt tlN~fk1 O~ pirl tMrp~, ~fl t~M ~~~l~f~ WA~ ~EOffiiid O/ j In ~xap therwf. shall contaie ths uswt stand~rd morr~apN clava~ o~ wd? al+N claus~ ~s th~ Mortqa~ m~y ?equ'v~. makinp tM bu wx1K said po1F ~ de~, ~ach a+d ~very, payabl~ w s~id MORTGAGEE ~s iri in~erat may appsx, and each and ~wry i~ch policy sh~ll b~ promptly au:pned M+d dNiwred 10 any MW by said MORiGAGEE as furthor sesurity to said mor~ya~~ deb~, and, nW tess thin ten (1Q) days i~ advar~ of th~ ~xp&atlon oi ~ach policy, lo dM ~ tiwr ro said MORTGAGEE a renewa! thtreof, topttMr witA a receipt fa the pr~mi~m of wch ~enewal; u~d IFw~ ~MII bs ~?o fih a wi~htam Inw~ant~ pl~ud oo ~ny of said buildinqs, any ioterest ~ha~ie or p~?~ ?he~eof, vnless in ~M form ~nd wi~h ~M los~ pay~ble as ~f«~saMr and te tM ewet any wn? t of mon~Y becpn~a p~Y~bk undK wch policy a potici~s taid MORTGAGEE ihall haw tM option ~o receiw and ~pply ~he s~,w on •aoun~ of ~h. ind.bred~ ~ neii ucur~d F~eby w ro pe~mit said MORTGAGORS ro roceiw u~d vae it p ~ny pu1 thereof fa other pwposes, wi~hout thereb~ waiving or in~ir- ~ irg any pvity, lie~ w r'ght under or by virtw of fhit mortpaqej and in tM ~vent wid MORTGAGORS ahall fw any reason fall ro keep tM s+id pnmises w inwrtd. or fai) q d~live~ promptly ~ny of s~id polities of insur~nu to said MORTGAGEE. or fail ptomptly to pay f~lly sny premivm thet~fo~ p i~n any resp~ct fail ro pKFor~n, d~schu~e, axacute, dfect, complete, comply with and abidt by this cove~t, or ~~y put he~aof, ssid MORTGAGEE may plao~ a+?d psy for such inswu~c~ or a~r part tM~eof wirhout waivin~ a affectinQ any opt;on, li~n, equity. w r~ght vnde~ w by virtw of this Mw~9ay~, and the full ~nwuM of ~ach ~+d ~wry wch payrne~t shs~l b~ immedistely due and payabk ud shall beu interest from ths dat~ the~wf uotil p~id ~t tM rab ot nine pa tMtum pa ~nnum and toge~her wiih such intercst shafl be secured by tM lie~ of this mortyag~. 1. To p~rmit, commit o~ wffer ~o wute, impakment or deteriaatian of ~aid prope~ry a~ny put thereof. S. To pay +N snd sirqular the eosb, charqes and expensea, includiny ~ reasonable attorney's fes and oosts of ~bstrscn of title, intwred w p~id ~t any tim~ by qid MORTGAGEE, because or in tl+e ~vent of the f~ilwe on the pan of ~he said MORTGAGOR W duly, promptly snd fully pe~form, dwct~+r~ ~ execut~, e(fect, compkt~, comply w~th and ~bide by each and every the itipulations, agreement~, conditions, and covenants of said promissory not~ and t1+w mo.rgape ~+y or ~iiher, and iaid cosn, chuges and expeases. each and every. sh~ll b~ immediately dw and payabk: wl+ether p not rhert be notiu ds ~ mand. ~ttempt to colktt w suit pending: and tM full amouM of each and every svch payment shall bear interest from the det~ thereof vrtNl paW al tht rate o1 nin~ pK centum per an~~um; and aN said coats, chargsa snd expenus incvrred w p~id. together with wch interesl, shatl b. s«ur~d br tM 1i.n of tha ; mat9aq~. 6. TMt in the event of any breach of this Mortgage a default on the part of the MORTGAGOR, a(b) in the event s~y oi said wms of naney herein ~efe?red to be not promptly a~d fully paid within th~rty (30) days nex~ a~te? the same seve~ally becoma due sr+d psyable, wi~hovt demand w ~fotire. o~ in the event each and every the stipulaYrons, sgreaments, co~ditions a~d coven~nts of sa~d promiuwy oote and th~s mw1~~g~ any or eithet ue nof iuly, prompty and fully perfo?med, d~scMrged, execv~ed, effected, compieted, complied with and ~b~ded by, thso in eithe~ a any such ~wnf tM s+id a~ ~ gregatf wm mentioned in said promiuory note then rcmaining unpaid, with interest sctrued, and atl mooeys secured hereby, shall becoma dw snd pay~ abte forthwith, M tht~NftN, a~ the option of said MORTGAGEE. ~s fully ~nd completely as if all of the said sums of nwney were aqinally stipviated to be paid on s~ch day, anything in zaid promiuory rate or in this Mortgage to the contrary rwtwithstanding; and thereupon or thereaher at the opiwn of said MORTGAGEE, w~thout nor'~ce or demand, svit at law or in puity, therefwe or thereafter begu~, may be prosecuted u if all ma~s~rs secvred hereby i had matwed pnw to its irutitutio~. f 7. That in the event tl?at at the beginn~ng of or at a~y time pending any wit upon fhis Matgsge, or to fweclos~ H, or to roform H, o~ to enforp ~ paymeM of sny claims Aercurxler, said MORTGAGEE ihall apply to the Coun having ju~isd~ction thereof tor the appointmeht oi a Receiver, wch Cowl shall forthwith appoint a receiver of seid mwtgaged property all and singular, iatlvd~ng aU and singular the income, profits, issuet and ~reve+w~s f~pn wlialevet source derived, each and every of whKh, it beirg expressly understood, is hereby mortgaged as if spec~ficaily set fwth and destribed in the 9rantinp snd habendum cl~vus hereof, and auch Rcceiver shsll have all the broad and effective fu~ct;ons and powers in anywise entr~sted by a Co~?t fo a Receive~, ar?d s~ch appointment ahall be made by wch Court as a~ admitted eqvity and a ma»er oi abwlute right ro said MORTGAGEE, ud without referenos fo 1M adequscy w inadeq~acy of the value of the properry mwtgaged or to the solvency w insolvency of said MOATGAGOR w the defendaMS, and thal such ~ ren~s, profits, income, iuves and revmues shatl be applied by :ucF? ReceivN atcordiog to the lien cr pvity of said MORTGAGEE end the practics of wch Court. 8. To dvly, promptly and fully perform, d'ncha~ge, execute, effect, complete, comply with aod abide by sxh and every tl+e stipulatio~a„ agreemenb, ~ cond~Ywns and coveoants ~n sa~d prom~ssory note and this mortgage ut fatA. - ~ : 1_ ~ 9. That in the eveM the ownership of tF~e morlgaged premises. or ~ny part thereof. bcmmes vesteii in ~a person other than the MORTGAGOR, th~ MORTGAGFE, in succeuws and assi~ns, msy, vyithout notice to the MORTGAOR, deal with such succeuw a successw in interest wi~h refere~ce to this mortg~ge and the debt hereby secured in the same manner a: w~~h Mortgagor without in ~ny way vitiatug p dixharging the MortgsgMS' li~bility hen- under or upon the debr hereby secured. No ssle of the premises hereby mortgaged arx! no forbearante o~ the part of the MORTGAGEE a in suoctuors or augns and no extension of the tirqe fw the payment of the debt hereby setured 9iven by the MORiGPGEf or its svtcesson w assiyns, sMll operat~ to release, discharge, tnodify change w affect the wginal liability of the MORiGAGOR herein, tither in wFale or tn ps~t. 10. tt is speNficatly agreed that time is of the euence of this corttract and that no waiver of any obligaYan hereuntkr or of the obliy~tion ts- cured hereby sha11 at any time thereafter be held to be a waive? of the terms Aereof or of the ir?strument secvred herby. 1l. In add~tio:+ to tF~e forego:ng monthly paymrMS of princ"pal and i~terest required by the promiuory note secured hereby, mortgagor ~ovenants and sgrees to pay to rr.ortgagee with each manthly payment an additional sum estimated by mortgagee to be equa! to 1/12 of the annual tost of the fdlow- ing: A-All real prope~ty laxes kvied or assessed against the above deuribed real estate. B-Premiums on fire and windstorm insurartce as herein requ~red to be carried on the improvemeari situate on the above desvibed premisp. C-Premiums on such mortgage guaranty iiuurar~ce as rtartgagee shall from t~me ro time deem (it to carry on !he loan secured hereby. JNortgagee shall f~om time to time notify mortga~or in writing of the amoum due a~d payable hereunder and wch wm sF?all thereupon be dw ~nd payable on the due dare of the next monthly paymenf and each successive month thereafter urtil mortgagee shall notify mortgagor of i~,~siMMgq;~ stKh amount, Such sums sF.ail be appfied by mortgagee foward the psyment of real property taxes, inswarxe prem:wns, and mortga~¢.~by~lt~r~~ tM~? premiums. ' : V ' '~/T~ , i . r ~ ~ IN WITNESS WHEREOf, the ssid MORTGAGOR 1?u hereunto set his hand a aeal the day and esr aforessid. AN- ' : se, . r ~ ~ of: REC~R~E~~ . NSTR ' ' ~ • /~i~~~.Y~% ~ ~ F11.E0 AN COUN1'Y• FI.A• BY• ' " - rn . . ' : :~A i T. WC1E V~RI~F~~D y , _ - kF.C~C'? ~ _ _ '9r . 5' ~ ~ . - • ~ y~~` ~ . - - - ~ .~'2 t~ ~ ~ '•~.~~~~J 7~~~` ~ ~ 1~ ~ ~ _ ,~~~~~H.~r.i~~~•..•~`'~ . i. h...~:~, ' STATE OF FLORIDA ~ ~ E ~ ~ i HEREBY CERTIFY, That on this ~ ~1T COU~May ~ A.p 19 69 . before me personally appeared ttQ1 ~ v u~.it ~ President 7mdc ~ , of K~lly Constzuction Co¦pany s Florida Corporotion, to me ' ' i known to be the persons described in and who executed the foregoing instrument, and ser~e~sN~r acknowledged the exe- ; his cution thereof to be 1l~eFr free ad and deed as such officera for the uses and pursoses therein mentioned; and that ~ affixed ihereto ihe officiaf seal of said oorporation, and the aaid instrument is the att and deed of said oorpolation. " WITNESS my hand and offieial seal at Fort Pieree~t.Lucie. Florida . , said aounty and state. . ,.4;,~;_ , • ~ ;i • ' ~ • . r Notary Public, in and for State and i' ~ M Commistion Ex ~res: . ~ ~ , ~ ,4 . y P /~1~3.?T : ~J ~ + : aOTA~~ Ml~UC. tTATE OF fLQ~lYA AT : _ MY COMMISStON EXP~RES DEC. 3. 14T a.~:.._w t _ . - ; ~ONDEO 1MNOtiCM iREO W. DILaT[LN0~1Yi . 4 Checked By J. Colliiis = - ; S - ~ ~ } ~1?'7 n~1129 ~ - ~ - r_~ ~ - - ~,~~~~a::.~~.