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Home My WebLink About1460 ~ To pl~c~ ~nd contiMwusly k~p on tF+~ buildi~ps rww a Iur~altM Wlwq oe~ i~id land u+d on alt equipme~t ~nd p~non~Ny covNed by fhF~ mor~ ap~, with ~!1 prtmiums tMrton paid i~ fuU, fi~t i~su~a~c~ ia tM ususl it+ndard poli~y }orm, {n ~:~m approved by tM MORTGAGEE, and windstorm inunance in tM usw) ~undard pol~cy (orm, i~ • sum approv~d by tM MORTGAGEE. 1~ wch tompany or tompa~ies as Ih~ MORlGAGEE may dihctj ~nd atl fin ~nd w~nd~~wm i~suranu policies on ~ny ot s~id buildinOS, ~~y inftrflf fhNf111 OI p1lt /M~10f, in ~M ap~rega?e wm alaesaid or In ~xc~as Iherw/, shal) cont~in th~ usual s~andard ma~y+~ claus~ a wch o~htr tl~use u tM Matpa9N may requu~, maMi~q tM lou unde~ se~d poli~ ciy, ~ach and ~wry, payabl~ to ~id MORTGAGEE ~s iq int«esl may ~pp~ar, and ~ach and ~very tiuch pol~ry iMtt b~ promprty au:9r~ed and delivered ~o ~ny hetd by uid MORiGAGEE as fwthe~ ~ecv~ity to said mo+~p~p~ debt, and, not tea tMn ~~n (10) d~yt in ~drarx~ of ~he eapi~~tan of e+ch polity, to dr IivN ro iaid MORTGAGEE • renewal tM~wi, to~etl?K with ~ rateipt for Ihs pr~mium of suth r~xwals and ~he~~ shall be no (ire w wi~ds~am i~uuranc~ pl~t~d on ~ny of said buildinps. ~ny interest 11?K~in o~ put the~eof, v~ku in tM to+m and w+th ~M loss payabt~ ai afwewid: and in ~M ev~nt any tum of nwn~y becw~~ payabb under wch potiq a policaa uid MORTGAGEE sMll Mw d» option to raceive ar+d apply 1M same on accoun~ of tAe ind~bted- nsu secur~d hK~by w ro pami~ aa~d MpRTGAGORS to rec~iw u~d uie it w ~ny pa?f ihereof 'Iw oihcr purposes. wirhovt rhs~~b~ waiving w unpair- inp any pvity, li~n or riyht ve~de~ o~ by vi~tw of tAis mortpap~; ~nd in tM went uid MORTGAGORS shall fa any r~ason iail to keep the said premises so inwred, m f~il fo d~liva pramplly ~ny of uid polKies of insurance ro~aid MORTGAGEE, w fail p~omptly to pay tully any prQmium therefw p in any respett f~il to pKform, discMrge, executs, eHect, comptete, comply wirA ~nd ab+d~ by this covenan~, a any part hereof, sa;d MORTGAGEE may p1~u •~,d paY for such ieauranc~ a sny part tM~eof w~thout waivin9 a ~ffxtirg ~ny option. li~n. pu~ty, w r~gM under or by vinue of th~s Moatgape, and thc f~ll amount of each and ~wry such paymeM shall be iirwnediately dua ~nd pay~b~e and ah~ll bea? interest frcm ths dat~ thereof until paid it tM rats ol nine per centum p~a annum ~r~d toyetAe~ with sucl+ interes~ shatl be secured by tl+e lien of Ihis mortysge. . To permif, commit p suffer no waite, impairrrKnt or deterioration of ~aid properfy or any p~rl the~eof. 5. To pay all and drgulu tM cwn, cFwr9es and expMSes, includirg • reasonable ~tfw~ey's fee and costs of ~bstracts of titls, incvr.ed a patd at any time by asid MORTGAGEE, b~causs p in the eve~t of ~he failure on ~he part of the said MORTGAGOR to duly, p~omptly and fully perfwm, d~scAarge. ~ execute effecf, complete, comply with and ~b:de by exh and every the stipula~ions, ~greements, condifiau, and mve~anri of sa~d p~omisso?y note and thi~ mor~gspe any or ei~he~. and said costs, cMr~es snd expenses. each and every. sh~ll be immedi~tely due and payable: whNher w not nc~re be norice dr mand, attcmpt fo tolktt p suit pending; ar~d the fu!! smounf of each and every wch paymeM ahall bear iNerest from Iha data thereof until paid ~t tM rate of nine pe~ centum per arn~um; and all said coiti, charyes and eape~xs incurred w paid, together with such intere~t, shall be secured by Ihe lien of thi~ • ^wrt9~pe• - 6. That (a) i~ fhe eveM of ~ny breach oF this Morrgape or defavtf on the part of thc MQRT(',AGOR, w(b) in the event any of sa~d svma of money herein referred to be not promptty and fully paid wirhi~ thirty (30) days neaf afre. Ihe same seve.ally become due and payabte, withoul demand w oo~ice, o? ie the event each ~nd every Ihe slipulations, agrecmerds, conditions snd covenants of sa;d promiuory rwte and . th~s morlgage any or either are not iuly, prompHy and fully performed, d~xl»rged, executed, effected, compkted, compl'~ed with and abided by. theo i~ e~ther or any such event the Hid ~g g~egat~ wm mentio~td i~ said promissory noro then remai~ing unpaid, with interesl accrued, and all money} secured he~eby, thatl become dve and pay- able forthwith; w thcreafrer, at tl+e oprion of said MORTGAGEE, as fully and c«nple~ely ~s if all of the sa~d sums of mooey wcre aginally irpula~ed to be paid on such day, a~ythirg in sa~d promissory note a in this Mwtyage to the contrary notwithstanding; a~d thereupon or thereaf~er a~ the opt~ of sa~d MORTCaAGEE, without notice w demand, wit at law w in puity, therefwe w thereafre~ begvn, may be paosecufed as if all rnarcys sacured he~eby F+ad maN~ed pnor to iq irotitution. 7. ihat in the event that at the beginning of a ~t any time pending any iuit upon this Mo~tgsge, w to faeclose it, or to refwm it, or to enforce Payment of any claims hereunder, said MORTGAGEE shall apply to the Court Mving jurisdrct7on the~eof for the .ippointment of a Receive~, such Coun shaU iathwith appoiM a receiver of said mongaged property all and sirgular, includ~ng atl and singuta~ the incwne, profits, iuues snd revenues from whatever source derived, eath and every of which, it btitg expressly understood, is hereby mwtgaged as if specititally set fwth and desuibed in the 9raMing and habendum cfauses hereof, ~nd such Receiver shaN 1?~re a!! the broad and effective funttions and powen in artywise entrusted by a Court to a Receiver, and such sppointment shall be made by wch Court as a~ admitted equity and a maner of absolute right ro ssid MORTGAGEE. ~nd wi~hout reference ro the edequacy a inadequacy of the value of the propeny mort9~ged o~ to the wtvency or insoivency of said MORiGAGOR a the delendants, and ~bat such rents, profiri, income, iuuea and reven~es shall be applied by such Receiver accading to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To duly, prompNy snd fully perfam, d'~xl?arge, execute, effect, complNe, comply with and abide by each and every the stipulations, sgreernenta, condit'ans and covrnants in said promissory note and this mortgage set to~th. 9. That in the event the ownenhip of ths mwtgaped premises, er any paH thereof, becomet vested in • perwn otl~er than the MORTGAGOR, th~ MORTCaAGEE, its successors ~nd assigm, may, without notice to the MORIGAOR, de+l wiih such successw or successor in imerest with refcre~ce ro this mwtqaye and the dcbl Aereby secured in the same m~nner as with /Ybrtgagor without in any way vitiatiny or discharging the Mortgagors' liabiliry here- urxk~ or upon the debt hereby secured. No safe of the prcmises hereby mortgaged and no forbearance on tFro pan of the MORTGAGEE w its successon or ssigns and no exrens~on of the time for the payment of the debr hereby secwed Qiven by the MURIGAGEf or its succeuors or suigns, ahall opNate to rete+se, discharge. modify change or affect the aiginal liab~lity of the MORTGAGOR herein, either in whole w in psrt. 10. h is specifically agreed that time is of the euence of thn contract ~nd that ~o waiver of any obligation hereurxler_ w of the obligation se- cvred hereby shafl at any time thereafter be held to be a waiver ot tMe te~ms hereof a of the instrument secured horby, II. fn additioa ro the forego'og monthty payments of princ'pal and intcvest ?eqv~~ed by the prom;ssory no!e seture~l F~ereby, mwtgagar covenants and agrees to pay to mo: tgagee with each monthly payment an add~rional sum esumated by mortgagee to tre equal to 1/ 12 of the annual cost of the follow- irly: A-A(i roal property taxes (evied w assessed agai~st the above described real estate. , . B-Prem;ums on fere and windsto.m insu~ance as herein requ;red to be tarried on the improvemenri situate on the above described premises, C-Premiums on such mortgage guaranty insurarKe as mortgagee s1+all from time to time detm fit to carry on the Ioan setured hereby_ ~ Mwtgagee shall from time to time notify mortgagor in wr;ting of the amount due snd payable hereu~xler ind such wm sha(1 ther~pon 6s dre and Fayable on the due dare of the r~ezt monthly payment and each successive montF~ thereafter urtil mortgsgee shall notify mortgagw ~t{~nye 1o'yuch amount. Such sums sha~l be app!~ed by mortgsgeo toward the payment of real p~operty taxes, insurance prem:ums, and mortgage~.. ar 11~.~ premiums. . . . . '~~~~~"~I~~i IN WIiNESS WMEREOF, the said.MpRTGAGOR hss hereunto set his hand snd seal the day and year fiat sforesaid. ~;:•••••!p0~ ~i~ Sgned, Sealed and de~ivered in the presence of fIIED AM4 RECpROEp S~ ? ~ q''• iT.IUCIE COUNTY iLA. gy ~ i~ ~ - ~ ROGER P011R~S aze s _ ~ : = CIERK CIRCUIT COUII ~ pttest ~ ~ ECORO vEA~FIEp . A t ratl . 11' ~ ~ ~ - - - - - - - - ~iW _ } ~ ~t'~-~'-iiF - . ~ 1 !t ~ 2G1410 STATE OF FLORIDA COUNTY OF ST. LUCIE " I HEREBY CERTIFY, That on this ~ day of November A.~. 19 ' . . ~ before me persoreatty appeared Haiel J. Harzis a~ _ Franklin A H . arris respectively President and Secretary , of ~ HARR IS CONSTRilC2IO~I OO1tPORA2ION Florida Corporation, to me t known to be the persons described in and who executed the fo~egoing instrument, and severally acknowledged the exe- ; cution thereof to be their free ad and deed as such officers for the _ uses and pursoses therein mentioned; and that they affixed thereto the official seal of said corporation, and th0,~ ~,,~cyme~t is. the ad and deed of said corporation. WITNESS my hand and officiat seal at Fort Pieroe 4;~``~~~~~~~~~ ' , ~ ,r3aid county and s te. , This instrument prepared by `t ~ + , i. James D. Chastain ad for State and County aforesaid. i t F ir st Federal S~vings and Loan : ri='~? : piresc Association of Rort Pierce, Florida ; f:.~t~0 `~a~J`• . • , : ti : i~c.~:t .•..:c. :,tatc ct TlJft~`r~ ~ yc n'• ~ 11Ay Commission Ezp~res Auq. 6, i911 ' ~~n r..•• •GO ~ ~c A~~ E+n ~ fi~r Sw Checked By ~ , SS ~ . 8ooK1~8 PACE~457 ~ ~ ~ ~ - ~ ~ _ _ ~ _ _ . _ - - - _ _ - ~ ~ ~ ~ ~ ~ a ~ ~