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Home My WebLink About1201 9. To plac~ and conunuo~siy ke~p oo tM build~rqs now or h~+~+ftK Wtwt~ on said lar?d u~d on ~II equipm~nt ~nd panonally cov~r~d by this mat¢ : p~. with ~!1 premium~ thc~eo~ pa~d in full, fi?e ins~ranc~ in tM uswl st~ndud polity form. M~ tum ~pproved by the MORiGAGEE, and windstorm ~ Msur~nc~ in tM uiwl ~~andard pot;cy iwm, in i sum app~ov~d by tM MORTGAGEE, in wch aompany w tompar+ies +s tM MORTGAGEE may _ dinctr ~nd ~II fir~ ~nd w~nds?orm inaurance policies on any of said buitd~np~, ~ny In~er~st tFwr~h o? part thcreo(, in tM ~repst~ tum ~foteNkl w M~zcess lhereof, ihall contain tM viwl itsndud mortpa~ clsuH w such otFwr claus~ a IM Malppe~ may ~equi~~, makinp tM Iou unde~ sa~d pot} cip, each and wery. paYabl~ to said MORTGAGEE ~s in interal may appear. ~nd each ~nd ev~ry tuch policy ~hall b~ promptly us:9ned and delivered to u~y held by ~aid MORTGAGEE a~ {urtha iec~rE*y to said matya9e debt, and, not leu tMn ten (IOI d~yf in idvanc~ of tht explraiwn of e~ch policy, to d~- IirK to said MORTGAGEE s ~enew~l tMreo:, i~the~ with a receipt ior the pr~miwn of svch renewal~ and there shall be no fire w windsto~m intu~anc~ p1ac+~d on ~ny oi iaid '.wildings. ~ny interest thetein ot p+rt thereof, unleu in the form and with 1M loss p~yabk as ~foresaid: u~d in the evtnt any sum of monty becomes paYabk u~da wch policy o~ policies s+id MORTGAGEE shall Mw tM op~ion ro r~ceive and apply the sam~ on accow+t o( the indebted- mss sscurtd Fwreby w b permit ~sid MORTGAGORS to reo~iw ~nd ust it or any part thareof for otha~ purposes. w~tFw~t thweb/ waivi~g or ~mpair- 1rg anY equtty, lieo a right unde~ w by virtu~ of this mozsps9e: ~nd in ths ~vent aaid MORTGAGORS ihall fa any reason f~il ~o keep the ~aid premiies so ini~red, w f~il w delive~ pranptly ~ny of said policies of insurance to said MORTGAGEE, a fail promptly to pay fully any prem~~m tlxtefw or in a~y rKpect fail W pHiw~n, dlscha?ge, ezecuts, effed, complete, comply wirh and ~bid~ by thit covenanl, a+ny part F?~rcof, said MORTGAGEE may place and paY fp wch irovranc~ w sny pan thereot witho~t waivug w affactinp any option, lisn, equity, a~ight undc+ w by virtw of this Mortgage. and the full amount of tach ~nd every such paym~nt siull b~ immediately dw and p+yable a~d ihall bear interest from ths dat~ thereof until paid at the raa oi e~ine per tentum pa snnum and to;~ethcr with such interest shsll bs setured by fFw lien of 1lia mat~+ye. 4. To permlt, canmit a suffe~ na vrasts, impairment w deterioratan of iaid property a any part the+eof- S. To pey all and singula? the cos», charye~ snd expenses, i~cluding s ~easonable ~naney i fee and costs of abstracts of title, incur~ed o? pald a~ any time by said MORTGAGEE, because or in the ~vent of the f~ituro on the pa~t of the said MORTGAGOR ~o duly, promptly ~nd f~lly perform, dix~arga ~xecute, effect, complets, comply w~th and ab~de by each and every the ~tipulat~ons, ayrcemenb. conditiau, and covenants of uid promissory ~ote and thu ; mortgape any w either, and said costs, cMrges and expenses, esch and every. sF?~II be immediately due and payeble: whe~her w not there be notice dp ~ er~nd, attempt to colkct or fuit pend~ng; and the full amouM of each and evary such payment thall bea. interest from the date thereof until p~id ~t the ~ate oi nine per centum p~ annum; and all uid msts, cMrpei and expe~ses incwred q paid, together w~th wch interest. ~MI) be setured by the lien of 'hu morty~ye. ~ 6. That in the event of any breach of this Mortgspe or defa~lt on the part of the MORTGAGOR, or (b) in the event a~y o( uid wms of money herein referred to be not promptly and fully paid within thirty (30) days next atter the same severalfy becane due and payable, without demand w notice, or (c) in the event each and every the stipulations, sgreement~, conditions and coven~nts of ss~d promiuory note and th+s mortgage any p either are no1 ~uly. promptly ~nd fully perfwmed. d~scharged, eaecuted. ~ifetted. completed, complied wiih ind abided by. then in either a any such ewnt the said ag pregate wm •mentaned in said womiuwy ~o?e then remaining unpa~d, with intersst acuucd, and all meneys secured hereby, shall becon?e dve and pay- abb fwthwith, w thereafter, ai the oprion of ssid MORTGAGEE, st (ulty ard compkrely si if sll of the said sums of money were aiginally ~tipulated ro be paid on such day, anything in said promiuay oofe or in this Mortgsge to the contr~ry notwithstanding; and thereupon or thereafter at the option of ~aid MORia:;,Cs~E, without norice w dem~nd, suit at law or in pvity, _ therefwe or theresher be~un, may be prosecuted as if all nwneys sacured hereby had rt?atwed prar to iq inslitution. 7. TMt ln the eveM that at the beginniny of or st any time pending any suif upon this Mwtgaye, or to fwecloie if, or fo reform it, w to enforce payment of s~y claims he?cunder, aaid MORTGAGEE shall spply to the Court Mvirg jurisd~ction thereof for ~he appointmenl of a~xeiver, such Co~rt shall fathwith appoiM a receiver of said mortgaged property all ~nd sinyulu, includmg atl and tingular the ~ncome, profits, issues and revenues from whatever wurce derived, each and every of which, it beiny ~xpreuly underttood, is hercby mwtgaged as if speciiica~ly set fwth and dewibed in the granting snd hsbendwn cla~ses hereof, and such Rcceiver shall Mve all the brwd snd effective funct~ons ~nd powerr in ~nywise entrusted by a Court to s Receiver, and •uch ~ppoimme~t sF~all be made by such Cowt as an admittcd eqvity and • matter of absolute right ro said MORTGAGEE, ~nd without refere~ce to ths •dequacy a inadequacy of ?he wtue of the properry mwtgaged w to the wwenty a insolvency of said MORiGAGOR or the defenda~ts, and that such rents, profib, iocome, iuues snd revenues shall be applied by such Receiver xcording to the lien or equity of seid MORTGAGEE and the practics of such Court. 8. To duly, promptly and fully perform, dischsrge, execute, effett, mmplete, compty with snd abide by each and every the stiputations, ~greements, conditioM and covenants in uid promissory note and this mortgsge set fwth. 9. That in the eveM the ownenhip of the mortgaged premises, w any part thereof, becoma vested in s person other tha~ the MORTGAGOR, ths NtORTGAGEE, its successors and sugns, may, without ~orice to the MORTGAQR, deal with such successor w successor in interest with reference to thi: mortgage and the debt hereby secured in the same manner u wilh Mortgsgor withovt in ~~y way vitiatirg q diuhargirg the Mortgagors' lisbility hc?e- ~ under or upon the debr hereby secured. No sale of tM Fremises hereby matgaged and no forbearance on the pan oi the MORTGAGEE or its succeuors or ass~g~s and no extenston of the time fw the payment of the debt hereby secured yiven by the MORTGAGEf or its successers a auigns, ahall operate i to release, diuharge, modify change or affect the orginal liab~lity of the MORTGAGOR herem, rither in whole w in part. 10. It is speufically agreed that fime is of the esxnce of this contract and that oo waiver of any obligation hareunder w of the obligaYan se- cvred hueby shstl at any time thereafter be held to be a waiver of the terms hereof w of the im~rument secured herby. 11_ In add~tion ro the fo~ego:ng monthly paymenri of print:pal and interest required by the promissory no?e secured hereby, mortqagot eovena~ts ' and agrees to pay to mortgagee with each monthiy payment an add~rional sum est~mated by mortgagee to be equal to 1/12 of the annua[ tost of The foNow- in9: . • . . ' ` - r~. . , . - . ' . A-All real property taxes kvied o~ assessed against the above described real esrate. :"~~,~~~uullij B-Premiums on tire and windstwm insurance as herein requ~red to be carried on the improvements situate on the aborp~l~~{~ X~_>- ~ ~ C-Premiums on such mortgage gwrany insurance as matgsgee shall from time to time deem fit to carry on the'~oln iedljjd. ~ '~~f~~,~a,:_-,` ~ Mort a ee shall rom time to time notif mort r in writi of the amouM due and able hereunder and su s ~tia1C ' ~ 9 9 ~ Y 9~ ^9 PiY ~G~ ~!~.~!4: - - payable on the due date of the next monthiy paymeM and each successive month thereafter until mutgsgee shall ra~ l~p~fyiiy~~of;~.T#w~Rc~ smouM. Such sums sF:all be applied by mortgagee toward the payment of real propeny taxes, inwrarxe premiums, .;e¢t( InQe~n~~6/p -~f~ptici premiums. _ ~j ; :a: ;*s~V~ • : - IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand snd iea) jhe da ir t~re i t'- "'~'~':;o' f I sgned, seakd s~d dd~~e.ed tn rhe P?esence oi: FILED AND RECORDED: 1~~,%,;.:__'~. 1 ' ST. LUCtE COUNTY, FLA. 'N'£` ~ . ~ ~ ~ - R..~~::~ ..~R~r;EO Q ~ , ~n ~ _ I'1~ ~ , ;L_..~., ~ ` ,,,t._.. . n eA~ 'ZQ JA~I 22 t~l I I: 20 ~ - STATE OF FIORIDA C~}nl9~.1R ~10511RA9CIE I HEREBY CERTIFY, That on this ~/~CL day of ~RCUIT COURT.3 Januazv , A.D. 19 7O , before me.personally appeared - Kelly Hall ~ ~ ~~y, as President ~ ~El@f~dj , of Kel1Y Construction Co~spany ~ a ~ Florida Corporation, to me known to be the person} described in and who executed the foregoing instrument, and s~aiay acknowledged the exe~ ' cution thereof to be iliw~.free act and deed as such office~j fo~ ihe uses and purposes therein mentioned; and that )'hey ; affixed thereto the official seal of said corporation, and the said inst~um~M i~t -ihe •~ct and deed of said corporation. f~ St.Lucie s'~ '1 WITNESS my hand and official seal at Fort Pierce l said oo~nty and state. ' •t. This instr~ent pr~pa?rad by F`~ . ' John W. Collias ~ " - Risst Fo ral Saviags and Loan .~3r~pr~~P~ ~-iR: .:State and County aforesaid. Associst~n of Rort Piesce, I~lorida ;^';~y~y"~rn~ssioit~ri~•-' ~-7. G, i~'~ ~ ~ : 0~ C~ ::~tary PubUc. Strie of Horida at l~rle , :.~a- , ~:'t~- _ t~, c~~ ~ 6. ~n ..r'~. . 'b~i4'./~_• . . ~ _ ~i 0. ••f.` . ~~~~~~~~~1 .,'~U••... •-~v' . ~i SSj~ Checked By~ . ~ `.''~tis~ia~~ - . 8001( PACE~~~ r - - ~ ! ~ ~ ~b,t. ~ . . - - - - c ~ . ~ _ ~ .~e`"~a~sT- ~.r a~.~ a,~ S:3 ~.r~-v,..".. - rt~, ~ ,-?y~ ~`~-~".~.'.'~,~u~s~':.'`F ~ ~4 _ . r'.=r-~~.`".~_"~ _ _ ,