HomeMy WebLinkAbout1584 3. To plste and coro~nuousty Leap o++ ~he bu~'d~~9f ~~uw o~ !~ereaf~er ~~tue~e on tr~d !e~ and on a: «i.~;:_•:r~~ a:.d ~e:son~:!y ce:e~ed by ~h~s ma`g-
~ge. w~~6 atl p~emw•n~ ~h~•~eon ~.e l,,::, f~rc ir.f:,~s~v tne ~s~ai s~o~~dard po ~cv for:n. in a s..:r. aHNr~+ed b~ rha l.'uR..-~:.vFf, d w,nds+o~m
~ns~rance +n ~he ~svat sv.~da.d pot.cy fo:m, ~n a ivm a~~,ro.ed by ahr MORTG~GEE, in such co~r;,~n~ e~ w+~a~an.cs as ~i~r A~J+tiv:.vEE ma~
d~~ec~; a~.d ell 1ne and w~nJstn.n~ ~nsuranca po~:c;~s a~ a~:y of sa,J b~~!d.~~gs. ar.y ~nte~eif ehrr~m or ~~art ~h~-~.;;;~. in ~fu aggr~y,,~z ~„~n •fe~esa~d or
in eYCest ~hereof, sfw;i cont~~n ~he 43:J3~ s~ar.J~~d morr~egaa c~autb w s~ch orhrr c+..~sr as ihe blorty~~.e n~a: rc.~~.ro, n,o?,~~~g tr~, ~oas ~~+ilrr s.,d poia
c~es. ea:h and every. pa,.,b:e ro sa•d A~JRTGAGEE as .rs m~rr.•a~ ~nay aµpra~, and each ..~,d .vr~y such p,...,~ s'r:,,;: tr• ; ru,r;~~,y ass g•~.~d e: J d~:,.~•~rd eo
any hr{d by sa~d 1tORIGAGEE a~ f~~Th,.-r src~nty to se~d mo:ig.+ge d.:~~, e~~J, not iau ~hen ~~•n ~;C: d~rs ~d.~~~c~ of eh~• r.~.~~ar.un ef ~e.h +;ai,~y, to dr-
tnN ~o sa~d ti~ORiG~G~E 3/C~iCdJ~ ttee~eol. iogeihn with d trce~pl f~~ the prr~tuum Of s~th ~eni•a,o; ~.:d ~i:ere aha~l tt r,0 L~e or ,~•:.dsti.•.n ~nSvr~nce
p!xed on any of sa,d b.,~!d.~~gs, any ~nterest there.n or pa~~ thrrrol, ~n'~•3s ~n fhe tc.m and ~n~eh fhe •o~s p~yac!e .~s a.'cres~~d; a~~d ~n the e:ent any sum
o~ money brcomes payabta unJrr s~ch ~,ei cy w poi,Ges se~J A~tORTG~GEE sy~ll have +hr .-~.r:on ro rrc•r:r .~~J eF~~~.~ tt~a so :~e on acw:,.u of thz ;~~.i~•c~f~d-
na33 sr~ur~ hereby or ~o perm~t ~a:d A10RTGAGORS to reGr~ve and use it p eny {~..~t ~h.• .•ol rnr c•h.~r ,..~r,~~~,~s, ::.~•-._..t tY~ cr
inq any eqv~ty, I:en or ~~ght under or by vir~„r of tF.~s ~+or~yagr; a~d ;n the evrm sa.d til~~2iGAGiURS xh~'! 'or ~ny rrason !a~! ro Arep ~he sa~d prem~s.•s so
~nsurcd. ar fai! to de!~.~: pre.r,;,t!y a~y of s.+~d pol.c~rs of ~nwra~ue ~o fa:d MORiGAGEE. w f~~; prompr.y to pay iu.:y a~~y p~r,:,.u~» ihrr,:for w in a~~y
respec~ tail eo pe~(orm, d~;thaige, eYCiurr, effrc!, ca.~p~r~r, co:nply with and ab~de by ~h:s cove•.a•~~. or a~i; n_reoi, s~~d MvR~;,:.GEf ~~~oy N,acr a~a
pay i.x s_ch inw~..nce o~ any parr thereof w~rtwur waiving or affeuing any op~~un, I;e:~, equ,~y, o~ r,3Mr ~nJcr o. v~r:ue of ~h~s Mortg~ge, and the
f,,il a~nount o( cach and e.ery s~ch pa~mra shatl be ~^vnrd~areiy d~e and peyabt.. a~.d s~~e:! brar ~ntcr_~s~ tro+n eFkt da» th~~reol v~~nl p,~d at the rate ol
•~.~:e pev tanium ~r snnwn end to~r~h~•r ~~~:h such mtr:.-sr she~~ ;,r ~rc~re~ by ~he I~e~ 01 th~s mortgega.
To permit, commit or sufier no waste, impairment or drterio~ation of sa~d prope~sy o~ any p~.~ thrreof.
5. Ta pay a~l and s~ngular ~he cosrs, charqes and e:?xnses. ~ncluding a reasonable attwnry's fee and ceus of abstracts o( t~Ne. incurr~ o• pa+d a~
.ny ~inx by sa~d MC~RIGAGEE, because or in the erent of ti~e f~.iure on ~ht par~ o! inr sa~d A1JR~GaGOR to dv~y. pro ~~,HUy a~:d f~'iy p~efotm, d~~cnarq~.
r.rcutr, eff~ct, canplere, comp!y w~th and abde by each and e~rry rhe stip~-tat~ons, agn~~~~~a.,~s, cond.+~ons, and cove~~enTS o~ s~.d p-o-.~.sso~y note a~~d ~!~~i
r.orrqaga any or e.~ber, end so.d costs, .harges ar.d exprnses, each and every, sha~l be im~n~d~ei.~ty dve and payab.n; v.hrrh~r w not +here br no•~ce d~
n:and, ane«~pt ro coiiect or su;t pe~x~ng; and the f~tl amouN of each a~u! e~ery svch pa,»~en~ shjti bea. ~nfcresi irom rhr darr rhereof untit pr.d n~ne
u~ n~:~e uar ien;~m pat ar~~w n; and r!~ said costs, cj~argrs and ex;~cnses ~ncurred or pa+d, togrtt~~~r w.~h :uch ~~iterost, aha:l be Sec~r.,~d by tF~ i~rn of this
mortyage_
6. Thar (a) in ~hr event of any lurach of th~s Mo~rgage or defavtt on IM part of ~!:r ,ti~JRiGnG~R, o~ ;b) ~e the event any o( sa d sums o( mo~ry
here~n rcierrrd to tr~ na p.a~:p~ty and i~tiy paid ,n~rh;n ~h..ry t30) da~s .xa~ a~~_•r ~hr sa ~~e a~.e~a':y beco^~e d.,e and paleb!e, w~tFwu~ de~nand o~ nc~~ce.
:r tc) in thr event ~~=ch and evrry ~he sn~;at~ons, ag~er~nrnts, cond~•~o~s and covena~ts c4 sad p~e~n~ss~r~ nor~ and ths mottgaye a~.y w e~~nz~ are not
iu:y, pra~~pt~y ar+d iv~+y ~erfon,~ed, d.xhargrd, e,eecutrd. eifecred, canpierrd, c~~p~:cd v~~th and ab~drd Sy, r},~n in eeh.:r o~ any s~:h event the sa~d ag
~•egatr se,m menr,oned ln ;a,d pro•n~uory ~ote the~ ren:a~~~in~ unpa~d, with mirre;~ ac:~~ed, e~~d e.i mO~:t~3 srcored hrreby, sheti becwne due and pa~-
ec.r for~Mv~rh, o~ iherea'ter, at the oprroo of sa~d AtOR1G:+G~E, as f~i;y and ca.~piete:y as ~f a~! of ii,E ~,:d w•r,s of money wcre ongina+ly st,pv.ared
to b.: pa:d on wch d:y, ~nyrh.ng fn sad p.an~ssuy nore or m th~s blortgage to the convary r,ot,v;thitar.d:ny; a~~d ~F.ere~pon w therealrer at the op~~on of
s3:d .Y.ORTGAGEE, w~rhout rtor~ce ur demand, aud at law or in equdy, therefore Or thcrea:~rr F~gvn, may bo prosecuted as if all moneys sec~red hereby
n~d matured pr~.x to As ~nst~rutw+~.
7. That ~n fhe eveat rhat at +~-e brg~nn~ng of or at any r~me pend:ng any su;? upo~ th~s Mortg~ge, or to foreclose i~ or to reform it, or to enfo~ce
~ayment of any c:.r:~ns ne•e~nder, so~d riIJRTGAGEE sha? apply ~o ~he Court hav~~~g ~u~,id.:a~o~ ~^_•:eo! for ~hz a~~p.•~ennenr of a Rece~+e~, such Cw+n sha~l
i~rfhwith appomt a rece=.er of so~tl mortgagatd pronerty d!1 and singula+, incivd ng a.t a~~d smyv~ar eF~e ir.cor~~e, prolas, nsues ard reve~~ues frwn whatever
--•_•ce da~;wed each a~~d elery oi wh.ch. n bz~r,9 express:y underi+~d, ~s Fr.eby mo«y~~~•d as i~ s~nc.!~c,i:y set fo~rh an~ descnbrd ~n the g~annn~ and
h.~:,end~~n c~a~srs her~~oi, ar.d s~ch Rrce~ver sha~l have all the b+oad and rff~cr.;e fu•~u ons and pov.e.s m an~v.•~se rmru~trd by a Co.,~t to a Ren•i.er, and
s,:h appoit~tmr~it Sh~ll be made by w:h Court as an ad~itred rqu~ty a~:d a..~a+ter of a~.so:.~+r ngh~ ~o sa~d MORTGAGEE, and wnhcut referencr to ~he
edeyvscy Or inadeG~acy of thc va~ue of the prop~rty mpr:gaged or to t't~e scr~•nr; e~ .r~ ~:.ency of sa+d f110RiGAGOR w the def•r„dants, and th~t such
~e~+s, proF;rs, mco.ce. ~swes and revrnues sha:i t~e app+~ed by such Rccr~ver aaor~,ng to tne lien w~aquity of sa,d MORIGAGFE ar.d the pracece of such
Cov~_
B. To d~'y, promptiy and fulty perfo~m, d,scharge, execure, effec~. mT.p;cre, co~~r+~ w~ih a~d ab~de 6y each and eveiy the st~p~:ations, agr~ments,
conditio~s and wvrr.enrs n sa.d prom~ssocy nc:e and th.s ~~•..~:yayc srt forth.
9. That in the e~~- ~t •he ownersh[p of thc mortgaged pre~~~ses. ar any D3If thereof, beco~nes vesfed in a pe~son other thjn the MORTGAGOR, the
b'.ORTGAGfE. in wcc.~sso.s and asn.3ns, may, w~rhout no+~ce to ~ne :'ORiGaOR, dea: w~th s~ch wccessor o~ scccrssor ~n ,nreres~ w~~h reFcrence to th~s
n~o•rgage ar.d fne d_t~ h~~:rby srcured ~n ~ne same rt,anne~ as w.:h Lt~rt~a~o~ w•tho~i ~n an~ waY vd.a~~+,g a ds:t~arg;ng rf~e ~.tc.ry,gors' Lab:;~ty here-
v~der pr upo~ rhe drar nr~r.~~ secur~d. No s~'e of t!-.e Fre•nises hereo,r ~:~o~tgagc•d a:~d ne fo:l:eara~~tr o~ rF.e par~ ot ~he !:~ORiGAGEE or irs succeisors
e• ass~gns and no ecre+-s,u~ of fhe n^}e !o• the paym.ent of ti:e drbt h-~rc:;y secvred g~v.•n by the N,JR?GAGEE or 1ts successors or ass:gns, a~~ali o~erate
ro re~ease, d:scharge, mod~fy cha~ge or aiteU ~he o.~g~nal ti~u:, ry of rrte N.CRIGAGOR l:ere:n, e~rher in v,ho;e w in part.
10. It is spec~?:c~:~y egreed rhar r~~.,e is of the rsse~ue of rh;s co"tracr and rhet no waiver of any ob"gar~on here~nder w of t~ obliyation sr
c~red hereby sha!. at ar.y ~r:r thircahe~ be he:d to be: a wower of ~he terms hereoi or of the i~>s~w~: ent sr.~red hcrby. a~
M '
I1. tn a:id ~ o, ro *he i•,rr en': 4~~'im_ntS of ~.ri-:c j: and ~oe_rcv reg~n,d br tF,~~ p~o~r. s>c: ~ ~ s_c,:•_d her~by, mortgagor eovManrs
e^d agr~s to ;:,,y ro :-,o-fg:iyce ~.~'i~ s•a:r, ,ronrh'Y ya,: e~.t ~n a:i.i •,c :al sum arcd Lr ~-,o-ry~ge~ to br ey~a~^ro i t2 oi t!~r anr~ual coa+ of ~he fdlow-
.,.q. ,
A-A'1 r~a? ;:cp~rTy u¦_s or assess_,i aq+~•.st t~~_ et,~ve desc•~^~ d~_aI es*.,re
6-F-_:~ „ rs on f.re a~•d .v ~-da~;,•m ~r.Swa°ce as here:n ~eq~.red :0 6e car~;, ~ c~ t't~e :m;,rov~me~ts situate on tha above d°scnbed~]f~eesiisa,
C-Pre:•.:. ~ s o~ =_L~ „•~r!~ 9" g,~~.jr,ty ~rsura•.ce as mortgayee sna:! ',c^. r•:•e ~ de.e;~ f~t ro carry on the wan_uc~red hereby.
~ r
AAortgagee s^,;.• :.rT e...;r ?v ;:..~c ~ri,:,~~ ---•y,;y;;c -.•.•..•y • ~.r...._..r .i,.., a.:ri na~at~lr hereunda~ and si.th3um ShdR~AKtuPon be dL~ ~nd
;.ayable on +Fk r~~e c.~~e o~ :4,e ~••_rt ~~:o~th;y r,,,y.n~~t and each su.cess~ve To-+Th tl,e:ea4~~ar ~c~i: mortq3gee shalt noKfy m~t~agor- ef a ehange in such
a^•e_n+. $uc!+ s.: -.s ::e a; z.'~rd uv mo~rpaq ~r 'o.tia•d ti~e pay~r-.er.t of re:~i pre~e: r f ra~ees. msurance prem:~ms, a~td . martgage yuaranty insyrance
.'~'em~ums. ' . , ~
. tC
IN \':IT`:[:~ ::ri-?=O~ rn? sa~d MOftTGAG~.^.R has hrreunto ~et h~s h~:•.d and seel ti~e dar and r'.st a{oresaid. 'i~ ' •
S~gn.d, Sea;ed a~.d d_`:vered in the presence of: K ~ST C~Y
FILED ARD ttECJR~ED$Y: . 4
- - - T~---r--- ST. Ll1CIE COUATY FtA. ,
_ ~,..~~,~3~~~_-x__~ ROCE~ POITRAS a s esi en
CIERK CIRCUIT COURT ~ ~~a~~
-3----- - RECORD VFRlFIFO~ t~a~)
~n._ ~~I ~_!L_ ~~c.~ _ _ _ (Sesq
A~c 9 t! 4s AN'T I
~TATE OF FtORID~ ~ COUNTY rJ~ ST. LUCIE 213408 ;
I HEREBY CERTIFY, That on th~s day of_ A~!l~gt~________ A.D. 19__71 ,
~efore me personally a~peared Kelly Hal l _
respective{y _ _ President and . _ _ _ _ _ _
- - of
Kelly Construction Conpany FlOZld.7? Corporation, ro me
a__._
kno~Nn to be th~ persons descr~bed ~n and who executed the forego~ng instrument, and severally acknowiedged the exe-
~::*~on thereof to be the~r free a~t and deed as wch off~ce?s for the uses and pursoses therein ment~oned; and that they
a"ir.ed thereto the off~t~al seai of sa~d corpo~at;;,n, a:?d The se+d inttsvment is the act and deed of sa~d coroorat~on.
VVITNE~S my hand and offic~a! sea! at Fort ~~erce F1DZ~da ~ , said county and state.
rhis inatruner~t prepared by wn, E. Bzaun
~ irst Fedezal Savings and Loan Association ~°i
~f ~olt P1erCe~ RlOrida Notary Publlt, in a for Sta e and County aforesaid.
My ~ommission Expires: y /
~:~ARY PII~ISC SsA~E O~f14R~1'~1 ~AR(~
~ r~!!;•!:SS1CSr EXPIRES AUG. ~ ~
- - G~?:E~AL {NSURANC~ UMD~ `
Checked 8y G -73
~o~x 1y4 15~3
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