HomeMy WebLinkAbout1770 To plac+~ •+~d cauMuowlr kMp on th~ buiklkq~ rww a M~NftM ~ihr•N on taW I~nd Md on dt pulpnNM ~nd pawn~lly oowr~d b~r ~Ai~ ~wo~q. .
p~. witA ~il pnmh~m tMnon p~~d ~n fv{6 lw~s iiuwson in the ~nval s~w+dard polky fo~n4 b• w~w ~pprowd by tM MORtGAGfE. snd wind~ar~
N~wa~a (n Nw u~wl ~~aaMrd pol~cy fan~, in ~ wn~ approwd bp Nw MORiGAGEE. M wcA oomp~ny a con~pa~i~a y the MORTGAGEE w~ar
dir~ct7 ~nd ~11 fir~ ~nd wind~lan~ inNK~nt~ policiN oe Mn? el s~i~ b~iWina. ~ fnNrM1 th~t~in or part tlw~oi, in th~ pprp~h MMn ~fonNW or
In ~xaM tMr~of. ~lwil oont~in r!w wwl af~nd~rd morqp» clauN a wcA o~lw~ c1avM a tM MatppN rr~r nq~w~„ maAino tl» loa w+dM sud poY~
c~. ~ach ~nd tw~y. WYabb b Mid MORTGAGEt a ift inMNt nwy app~M. ~nd Nth and ~v~?y tvch politp ~Mli b~ P~~^Pt~Y as•pMd ~nd d~livK~d to
.nr MW by •ab MORtG~GEE a tw+lwr ..cwiH a s.W mo.pp. d.W. +nd. na ba ~Mn Nn (101 day~ tn adv~nc~ oi dr ~ap~r~tion of ~ad~ polky. ro dr
li+n~ b s+td MORiGIIGEE ~ rMewal tl+K~of. wp~~Mr with a ac~iW ia tM prwniwn of wcA r~wali and ~Fw~ ~II b~ no fw~ a wind~~am Muwano~ ~
plaad on ~ny ot s~id buildGq~, ~r intK~st tF+.~in a pan tlw~of, vnlas M th~ hrm and wi~h tM Iw~ MY~ as a(w~widt ~nd M th~ ~wnt ~r sww
of moMy beconrt payaW~ wd~ wd~ policy or potici~s said MORiGAGEE ahaN Mw tM option ro npiw wid apply ?M ~ on acw~M ot th~ kid~bt~d
rnss s~cw~d h~reby a to pumit Nid MORTGAGORS fo naeiw ~nd w~ h a aoy parl IM~eof for othc~ pwpoces, wi~houl ~hsizb~ waivinp o~ ut~ir•
~^a +~Y ~9~+~h. i~ w ripM wwM~ w by virtw of th6 mortpN~t and in tM ~wet u~d MORT(3AGORS shaq (or ~y fNfOf1 f~ii b ICNp tIN MKI P?M11~M W
iruw~d. or fs(1 w deliwr prompM~; ~ny of ~aid pofiws of irowa~o~ ~o ~+id MORTG/?GEE, a fail prompNy b pay fvtly ~ny p~mium th~r~(a a in ayr
rKpM f~il W PNiom1, d'qchKy~. ~x~a?t~. ~ff~ct. compl~t~. aomply witA ~nd abid~ b~l tha aova.~ant. a eny paN I+Kwf, s+id MORTGAGEf m~y pl~q and
p~y fa weh inwuno? or ~ny parf tl+Kwf wiMout waivinp or aff~etinp any option, INe~, pu+ty. a i1pM wKi~r a by virtw of tAb Mo~t~a~. w,d tir
full anww+t of ~ad~ and w~y web payenN?t shail b~ imm~diatNy dw and pyaW~ uKf ahall b~ar inhr~s~ hom 1ho dat~ tMrwf un~il paid ~t tM r~n of
n~M pei ceotum pK ~mum and toaethe~ with wth intenst sha{I b~ wcuhd by t1» li~n of ihis matpp~.
I. To pKmit, aommit or wffa no watM. MnP+irm~+tit a dNKioratian of satd p~opt~ty w any paM ther~oi. '
S. To p+y alt and sinputa tiw ooats, dw~p~s u~d exp~rw~. includirp a?s~s~on+bb ~»orr?ey's fe~ and costa of ~btr~cts of titl~, &~cvn~d w p~id ~t
•ny Y~me by s~id MOR1Cs/?GEE, b~ca~q~ o~ {n th~ twet of 1M f~ihx~ on tht parl of tM aaW MORTGAGOR b dufy. promptly ~nd f~lly pKform, disch~rq~
~xecute. ~if~c1. compt~t~, comply with and aajd~ by ~sd? ud ~w~y ths itip~tiora. prosme.?ts, eonditiont, and Qownanfa o/ said promiuory not~ and thb
mor~~~ amr « e~~ha, and iaid cosq„ cMrpes and exp~ewa, ~scA and every. shall bt inwr~ediatety dw ~nd p~yabl~: wMrher a ea tMr~ b~ notio~ ds
mu+d, anempt to coll~ct a wit ~»ndinpt and th~ full arraunt of ~ach u+d ewry wd+ piymsr+t sh~ll beu i~ter~s~ frwn tM dat~ Meeeof uoNi paid ~t tlK
rate of nin~ pe~ ccntum per anrwmj and all said aos». ch+rQa u?d expsn~sa u~pxr~d a p~id, toy~iher with such intuat, sMll b~ ~ecw~d br tM li~n of this
^wrep+~. '
6. 11Wt in the ewnt of a~ryr brsach of thb Mertp~ or default on Nr put of tM MORTGAGOR, or (b) i~ the eve~+t any of said wriu of morwy
hersin rsferrd to be not promptty u~d fvlhr paid wi?hin ~hirty (3p) days nexf aher tl+~ sarrN s~ve.~lly becom~ dw ~nd payabl~. wNiw~t d~ynd w ~orio~.
or in the event each and ewry tM stip~lations yreems~?ts, corKlitions a~d cown~nb of s~id promiasory note a~d this mortQaye anr or ei~h~r are nol
iuly. promptlY u~d fully perfwm~d, d~sd?~r~ed. ~x~arrod, ~ffacted, oompkted, complied with ar~d ~b~did byr, th~n in e;rher a any iuch ewm tlw aaid ~g
g?a9aM wrn mentioncd in sa~d promiswry not~ then ~~maininp onpaid, with inlensl aocrued, and atl ma~eys fetored hereby. sh~ll becom~ dw u~d p~y.
able fwthwith, or thereafte?, at the option of said N10RTGAGEE, a fvlly ~nd canpl~~ely ~s' if ~tl of tha said s~ms of mon~y wer~ ppinalfy stiputated
ro be pacd a? wch day. ~nythirg tn said promis:ory note a in tha Monpaye to the contrsry eo~witMtandinp: and therevpon w ther~aher at tM oplion of
said MORTGAGEE, without notice a dem~nd, wit ~f law o~ in eq~rity tllt~fFOr~ Of 1F1lfNftH be9un, may be prosecvted as if ~11 moneys ka?nd h~reby
had manrred prior ro~n ins~iwtion. -
7. Tha~ in ths went ti~at ~t ths beginntnp of or ~t ~ny r~m. ptndinp any wit upon thh Mo~tys~e or to forxlos~ it, or to rofden N, or to enforq
payment of any dsims hareunder. said MORiGAGEE shalt apply to the Caxt h~virg jwisdictia? thereoi fw the ~~Spaetmant of ~ Receiver, such Cou~i shsll
fwthveith appoint ~ receiver of said m«tyagsd_property al) and tinpvlu. includ~og atl and singulsr the income. profits, fsews and revenuea f~om wF~sNre~
sowce derived. each and ~very of which~, it beir~ ~xpreuly ~ndsrs~ood, a hereby mor~gaged u if spec~iiulty set fa~h H+d dewibed in th~ 9.~mirq and
habendum clauses hereof, u~d s~ch Reosiver ~tl Mve ~ll th~ bro+d a~d effectiw (unct~on~ and powen io ~nywis~ entnnted by a Cwrt w a Receive~, u?d
such appointment shatl be madf by wd~ towt as ~n ~dmined equ~ty a»d a rr~stter of absolufs riyht to wid MORTGAGEE, ~nd without referencs to tFw
sdsqwcy a in~deqwcy of tt?~ wl~» of the property martpsped or to the wlvency a insolvency of said MORTGAGOR a the defendanq. and that such
r~
f• profin, income, issues and nwnws ah~ll b~ app(;ed by such Receiver accordinp w tM tter? or eqvity of said MORIG/0.GfE and the practice of suc1~
8. To d~ly. ~a~ry a~,d h,~b r~.rfom+, t~schar~e, execuh, effect, comPkte. aomplY with and abid~ by sach ~nd wery th~ stip~tatioro„ a~eemenls.
ca?J'itiora and ooven.nn in said promiswry net~ a~+d this mortyaq~ set fwrh. ~
9. 7Mt in tl+e event tM ow~ers6ip of sh~ mo~tg~ped premis~a..a am part thereof. 6ecwn~s wsted in a panon ofher thsn the MORTGAGOR, th~
, MpRTGAGEE, its success«s ~nd as~gns, may, withow notiu to the MORTGAOR, desl with such wccessor w wccessor in interest with refcrence ro ihis
mortpspe and the deW heteby secured in the satee muner as_with Mortyago~ witho~t in aay way vitistiry or distharging ths Mottyagors' tiabiliiy htra
under or upon the debt he~eby secwed. No aak of th~ prem~sea F~ereby morfga~ed and oo fwbearance on tM p~rt of the MORTGAGEE or in wocessors
w suig~s and no eatension of the time io~ the paymem of the debt hereby secwsd ~iwn by tM MORTGAGEf w ib succesfors or ~ssigrq s}y~~ ppera~~.
ro release. dixFurye, modify ch~rge a aNecf the aip~nat tisbility of th~ 1NORTGAGOR 1~eio, eitF~e~ in whole ar in part.
10. It ts specificatly a~reed that time is of th~ es~ence of tl~ contracl and that no waiwr of any obl;gation herev~der or of-th~ obliyation se-
cured Iwreby shsll at any time thereahar be held to be a w~iver of th~ terrhs hereof o? of the ins~rument secvred herby.
11. In add~t~o.~ to the forego:ng monthly psyments of princ'pal and iaterest reqvired by the p?omissory r?ote secured hereby. mortgs~or covsna~ri
and agrees to pay to mortgegee with each.monthlY payrnent an add;rio~al sum estima~ed by mwt9agee to be equal to 1/12 of 1!» nww~}~ll~'Of the fdlow- `
. ~ ~ t~ ~ t ri r~~~~,
A-A~I real prope~ty taxes kvied or usessed igainst the above desailxd real estate. ••p ~~Ia,1. "
. •-e+,`._'•.
B-Premiums on fire +nt! windstorm 'wuwance as herei~ requ~red to be carried on the improvemeets situate on the ~bo~e ~~i:;
~ ~''f.
C-Premiw»s on such mort _ ,R~~!~- y~
9sge gwrsnty inwrance ~s mortyagee slull from time ro time deem fit to csrry on the b~i?~etyil~ ~a y:'.!!,~~ ~
Mortgagee shsll from tims to Yune notity mortgagor in wriM~y of the amount dve and payabk he~a~nder and such W'~ •
paYsble on the due date of the next monthlY paYment and sath successive month thereafier until mort
amount. Such sums steaft be applied by mortyayee taward the 9~ Q sh+ll ~oti i
y t' ; ;
P+Yment of real properryr taxea, insur~~e prem~ums, ~rd: ' , '
premiwe!s. ~ . . O _ ?c V: ~ ~ ~
/ N WITNESS YVHERE , the s+id MORT~R h~a~~o~yntq~l~GbV~GY ~ day anJ ~N aforesaid. .T ~~~'tb ~;'y ~ ' ~ "
iver ~ r 1~-G v A
'O~T. LUCIE COUNTY. FIA. g "a~'
.
, :J: r~tRl: :~~~lF!EO y aze a
~
_ 19`76`,~~est - "
+?a A~t~ 2 S~'iM !Q : I I a• r s, ec a
ROGER ~OSTRAS -
STATE OF FLORiDA CLERK~~QF(~1~1~E
1 HEREBY CERTIFY, That on thia _~SiL~ dsy of Auguat - , A.D. 19 7O ,
before me personally appeared Haael J. Harris a~ Franklin A. Harris
respcctivety Vice president and Secretary , of
!-GIRRIS ODNSTR~JCYION OORPORATION ~ a Flozid8
Corporation, to me
known to be the persont destribed in and who exetuted the foregoing instrument, and severally atk~owledged the exe-
cution thereof to be their free ad and cleed as such officers for the uses arid pursoses therein mentioned; and that they ~
affixed thereto the official seal of said oorporation, and th~ ,;sid_.Mstrument is the ed and ~ked of said corporation. ~
WITNESS my hand and official ~al. at Fort Piercs ~`C ' ssid ooun nd stab.
: ~5,~;a, ~
?his instrument prepared by
John W. Col l ins ;~"~.'f+lp ~ ` nd for S te and County aforesaid.
First Federal Savinfls and Loan =:l,:t=~~_ ~i
Associatfon o! Fort Pierce, F1orfda „~c~8+y Pshln. Stak o1 Fti°"d° +~t t~o~
_ . ~aG.:..~'' ~ Q ' o`° t,yr coa~outsiai ~ ~ 6. Wli
.
Chedced By .C.~_ ~ ; . . .5~ ~.,aa w e..e.+6r a c...rr ~
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