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HomeMy WebLinkAbout1151 ' j . ~ ~ ` ` . To plac~ u?d ~ontieuou~ly kNp oo tM buildinpt now o? hKNftK ~itv~N on saW land and on all putpm~nt and pKwnally cov~no by thi~ nar?¢ • pw with dl p~rmiwn~ ~h.~~on p~id in full, itn iey~uu?c~ in ~h~ ~~wl N+ndwd poticy fo.m, tn • w~n ~pprowd by rM MORTGAGEE. and wir~d~ta++~ 1iaw~+a in t!» uwal tand~rd poGcy faM, in ~ wm ipprovsd by tlw MORTGA('sEE. M+ wcA oompany w compaoi~a a tM MORTGAGEE ~+wr dinc~t ~nd all fln ~nd w'w~duonn Ira~xaea Pdici~s on +nY of s~id buildieps My InNr~st tt~ein or pat thenof, in tM apyrp~q swn aforesaid a M Nca~f tMrwf, chali contain rFw uswl standad narpps~ d~vw w wcA otMr d~uk as th~ Mor/pa+W~ ^+~Y r~W+~n. makinp tM I~s undM sud po14 ciw .xA «+d .wry. WYaW~ b NM! MORIGAGEE a~n ina..u n?.r app.ar, .nd e«h «+d ~w.y wd~ poacy .h.~~ b. p.o~prh as?:9~.d a~d d.aw..d a ~ny h~ld br said MORTGAGEE ~t funAM s~turiry to s~id n+a1~aQ~ d~b1. and. no~ I.u ~h.n tin (~0) days L+ advsnc. of rh. ~xpua~ion of .ach Po1icY. ro da liwr eo iaW MORTGAGEE a nn~wil fMr~of, wp~tha with a naiq• fw tM p~miwn of aud~ r~wdj u+d tMn ahall b~ ~o i'u~ w wind~~ann 4?swane~ P~aad on w~y of s+W buiidinp~, any MtK~tt 1Mr~in or put tl?.wof. vnl~ss ie tl+~ fam u+d witA ~1?~ Iws p~y~bl~ u afa~id~ and in th~ ~vaN any sw~ of n~or~Y b~comN pay~bN wd~ wch policy or policia uid MORTGAGEE shall haw rM option ro naiw M+d ~pply tM sam~ on ~ccow~~ ot ~M ind~bted~ Mss ~.cw.d 1»r.bp or w p..mi~ s+d A~ORTGI?GORS ro naiw «~d w. M a•ey pah the~wf ior other pu~poses, withwt thsreb/ waivi~~ w~mp~ir- inp any pvit~r, li~n w ripht wdw w by vinw of thia mort~s u~d in tiw ~wnt uid MORTGAGpRS shaH (a u+y reason ta1! ro ke+p tM u7d p.anises so F~wr~d a fall b d~livu pomptly ~ny of ssid pol~ei~s of Msuranp to faW MORiGAGEE, a t~il promptly to pay fully ~ny prtmi~m therefat w in ae?y nspact f~il b pKfor~n, discharyr. ~x~cut~. ~fhct. compist~. cornply wi~h ~nd ~bid~ by thb covN,uN. w~ny put h~rwf, s+id MORTGACsEE may plia ~nd P+Y f« wch insw~r+c~ a My put th~nof without wahrinp o~ ~ff~ctlnp any op~;w~, U~ry puity, or ripht v~dN w by virtu~ of this Mat9ap~. ~nd tM full arew~nt of ~ach a~d ~wry wch paym~nt aF~all b~ imm~diably du~ and piy~bl~ and tMll bw inter~s~ f~om tM da~~ rhereof „mil paid ~h~ raa ol n+ns PK ca?h?rn pu ~rowm and toge~Aa with wch G+taest ~aq bs s~cvhd by tM li~n of this mwty~p~. To pKmit, cwnmit or wffK no wut~, Hnp~lmwnt w d~tKioratioe of said propNly p any p~rt tMnof. S. To pay att sed degvlar tM cosb, eharpei and exp~rwa, indudinp • nawnabt~ ~ttanty's f~ snd costs of aMt.sds of ti~ls. k+cwred a paid ~t ~ny tun~ by s~id IyIpRTGAGEE, b~cause or tn th~ ~w+~t of tl+~ failw~ on ~ht pu1 of tM aaid MORTGAGOR to duty, promptly u~d f~tly perform, dischar9~. execut~, ~ff~ct, cempkt~. compiy with u+d ~bide by ~ach and every the itipul~tions, agr~ts, ca~ditioro, and cownsnts of said prom;ssory nute and ~his mort9ap~ ~ny or a~ha, ud said costs. chu~es ~nd ~xpee~es, ~ach a~d ewxy. sh+il M imn+ediat~ly due and payabk: whe~her a nw rha.t b~ not~ce da msnd„ ~ttempt to collect or wit pend~np: ~d tM full amount of ~acF~ and wa~y svch paymMl ~11 bea. interes~ from the dat~ tFKreof until paid at tM rate oi nins pp cYnrum ptr anwrn: tnd a!1 said cosb, chupq and exp~nsss inturrd or paid, toptlher with wch inta~esl, sMll b~ secured by tM lien of thit " 6. 1!?~t in the ~vent of ~ny brNCh of this 1Nortp~ o? defaull on th~ paH of ths MORTGAGOR, a(b) in ths ~vent~~nr of sa~d sums of mo~y herein nterred to bs nof prwnptfy and futly paid whhin th'uty (3p? d+ys next afte? tM same s~vsrally becbin~ dw and payabl~ withow demsnd or notit~. w(~ io tM ~wnt each and ~wry the stipulatio~s p~esen~nts, conditia~s and eownanb oi s~id promissory note and this mor~qap~ ~rry a either an no1 ~h. P?~P~~Y +~d fi+tb PN'formed, d~schar9ed. ~xecvt~ effsn~d, compl~tad, complied with ~nd abided by, th~+~ Fn eithsr a any such ewnt tl~ said ~p pregat~ wm mentionad in said promissory note thso r~ininp unpaid, with inte?u1 acuued, and all mor?eys sec~rsd Fw~by. shall become dw aiw! pay- abl~ forthwith, a thxeaher. a1 th~ opt~on of said N10RTGAGEE, u f~lly ~nd compl~tey u if ~II of the said wms of mw»y vacra aipinally stiputated to be psid on such day, anythinp in said prpmiysqy ~ts p jn thi~ Nlorfpape t0 1M conirary nOfwithst~~dinp; ~nd therevpon w thereafter at the op~ion of wid MORTGAGEE, witho~?t notice w dtmsnd, wit tl law w in puity, thasfon w thtr~afiK b~yut4 rt?iy be prosecuted q if all ma~tys Htured hsr~by Aad mafV?ed prwr to ib inftitVtion. 7. That in the want tMt at th~ begu,nirp of or st any t;me ps~~dinp sny wit ~ipo~ tha Mo.tpsge, or to foreclos~ it, or to refoem i1, w to ~nfwct P+Y^K^~ of +~Y d+~ms Iw~w+der, s+id-N10RTGAGEE sMll apply to tM Couh havinp jurisd;ction thereof for the sppointment of ~ Receiver, s~ch Co~rt ahall fwthwith appoinl • receiver of said mwt~aped p?oQ~rtr all and sinpvla~, incl~d~np aU snd airguiu the incwrn. profib, iswes and rewnuei f~an what~ve~ •owa derived, exh and ~ve~y of whkh, it bei~p expressly undsrstood. is h~reby mor~gaged a if specitically set ia~h and described in rhe yrantinp and 1+ibandum dauses hereof. snd wd~ ReuivK shall Mw all th~ Ixoid ~nd ~ffeniw funct~«?s and powers i~ ai+ywise erqr~sted by i.Court ro a Reuiver, and ~uch appointme~t ~hatl be made by wcA Cowt a a~ admitted equity u~d s mstter of absolute ripAt w said M~JRTCsAGEE, , aid without r~ferenu w tM ~dsquacy a iewdeqvacy of th~ wlw of the proparty mort~ap~d p ro tlie solv~ncy or ;nsolvency of s~id MORTGAGOR or N,e defendints, and tha~ such ~ renn, profits. incane, issues and revenws sh~il i~ applied by wch Rscelvar accordinp ro th~ Iieo o? pu;ry of said JNOltIGAGEE and the prxtice of wch Court. a. To duty. wa++r~h t~~h dncMr~. es~cute, eHect. eo+ePkta. co.~plY with and abid~ by wch and avery the atipulatiora, +preeme~ts. cad'itiom and cover?W?a in said pronwssory ~wh ~nd this mortyay~ set fath. 9. That in th~ w~nt th~ owe+enAip of the ^~olty+p~d Pr«nisa, or any p~rt M~erwf, becore~a wst~d a peraon ot1+e~ tl»n the MORTGAGOR, tF» MORtGAGEE. Hs wccesw.s and assipns, m~y, withan no~ice fo rhe MORTGAOR. dea{ witl+ such waesvor a waesao? in inttnst with r~fe.ence ro ehis mort~ap~ u~d the debt hereby secw~d i~ th~ samt mamer u with Nbrt~a9w without in a~y way vitiatinp p dischir~inp th~ AAwtp~gors' li~bility herr unde~ a upon the debf hercby securcd Plo"sale of the p~cmc~es hereby mortya9ed W+d ~o forbsaranq on. tFr parl of the N10RTGAGEE w its :uccessws or auig~s snd no extension of the time fw the p~yment of the debt he~eby s~cvred ~rva+ by tM MORIGAGEf w its s~ccessors a suiy~q, s1?all op~at~ ro rdeas~, dischupe. modifp chang~ or ~ffect th~ oryinal tiabitity of the MORTCsACsOR hNeay eith~r Fa ~ivhole a k~ par1. 1Q It is ~pec~fkatly agreed rhar time is of the essencs of tMs cont~act ~r,d thrl no w~iwr of ~ny obl'gat~on l~erew~de~ o? of th~ obliyation sr cured irreby sMll at aoy aime thereafiar be held ro be ~ waiwr of the terms hereof or of t!~ i~trumeM secvred herby. 11. In ad~Yron to fhe forego:~g mo~,~h1y paymenn of p•inc:pal and interest reqvired by the pram;ssory ~ore secured FMreby. mortgagor coven~nh and sgrees to pay ro mortgsgee with each montMy paYmen~ an +dd~Yana1 wm e:t7mated by mwsyage~ to b~ eqwllo 1/12 of the annwl cost of the fdlow- ing: _ A-A~1 reai property taxes levied or assessed agai.~st the above described real estate. 8-Premiums oo fi~e aed windstwm i~uwarue as herein requ~red to be tar~ied on the improvemenl~ situate on the above desvibed premises, C-Premiums on wch mort9sge 9wranty insurance at mortgaQee shall from time to time deem fit ro carry on the ban secwed hereby. Mortgagee shall from tirnq fo time notify mo~tgsyw ie vinitinp of tAe arnount due snd paY+b~t hereunder and auch wm shall N+erey _ ~'sd..dyj`~nd pay+bl~ on the due date of fhe nsxt monthiy psyment and each wcoessive month ti?ereafter until mortyspet sha11 notify morf9ayor of- a_ ~~uCh amouot_ Such sums shaN be applied by morf~a~ee loward the payment of r~al prop~~ly f~ces„ iruur~u pran:~ns. ~nd mpPtQ~ :;~~wr ' . ~au~m~i~i . tN WITNESS WHEREOF, ths said Al10RTGAGOR hp hereunto Nf his h~~d u~d ieal the da and ' ~ r rs+. fir.t .fores.id. . ,~''~R t Q R~'''~•;' i Se~l and del' in Ih~ pr~s~~n p(: 5 S - - - _ . . . . . . _ . St~iuDCiE COUNT1f~FtA. By • * ~ . ROCE~ Po111US . • o ' ` ~ ~ , - CLERK CIRCUIT COtl~ftte t: y ~ 1t~ i1ECOR0 YfRiF1E0 . _ _ ~ - - - - - - - -~-r~_ - - - a .-;-'!~"'l a,-, $ %~(~158 ~ ' STATE OF FLORIDA COUNTY OF ST. LUCIE '~~•"'•'•••~ya.'' ` f HEREBY CERTIFY, That on this ~ dey of ~'iOV~~ A.D. 19_ZQ ~ Hazel J. Hazris Franklin A. / , ~ before me personally appeared a~ Harris respactively Prasident and Souetary , HARRIS CONSTRI~TION CORPORA?ION , a Florida Corporation, to me known to be the persons described in and who executed the foregoing instrument, snd severally acknowle~lged the exe- cution thereof to be their free act and deed as such offioers for the uses and pursoses therein meationed; and that they affixed thereb the official seal of said oorporotion, ar~d the said instrument is the att and deed of said oorporotion. WITNESS my hand and officisl seal at Fort Pieroe said aounty and state. i ?hi~ instruaent prepazed by ' , ~ Ja~aes D. Chastain ' + ' ~ " } • < ~ ~ for~State~nc~ ~pty aforesaid. ; Fizst Federal Savings and i,oan =t ; ~y 01 Ro~a at larqe Association af Fort Piercv, Florida 4~~'•_~~`~Q-'~ 19n w': ~~0 ~ ' _ ~Ily G~:n _..~s~~n ~xpires H~g. 6, , ~..~..~.si J~ t~.... b M~ tie # Sle~r Snr ~ ~r~..~2 _ , ~,p r er?~ed By~ _ -;,GoJ~, e .oc~ • ' ''~~I~ {yST~tiTE ~i ~ ~ ~ BOOK1~0 PAGE1148 ~ . ~ a : ~ . ~ ~ ~„~.~s~~ f. - - - _ ~~~z~ ` ~~e~,~w~.., s?. ~