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HomeMy WebLinkAbout2613 3 To p:.~c~- .r.d com~nvo~s~y keep on +he Lu~'_i~~,gs nox or hereoitrr ~nuate on sa:d ~and and on all ..•qiiip~nent a:.d persona~~y covered by this ma x'h ~U F•rc, , y•~:_~reon F a d m fuli, f~re i„s:ia~.ce ~n tiie ~wal s!a~~dard po ~ty fo:m, ~n a s~m aHp~uvcd bi thr ti10RIl~AGEE, and w~ndsto ,,,r,,n;e ~n ~f,e us.,ai s~~nd~~d pa cy ior~n, in a wm aFpro.rd br the h1OR1GAGEE, in such co~~~pa~.y or com;~an~es as the h~ORTGAGEE m :r; and all fue a::d w:nda~orm ~ns~ran~e pd~c~ra on a~~y of sa~d tw~ d~ngs, any ~nterasi tharem ur par~ thereof, in the ag9re9~~e wm atoiesa~d i exce:i !h,•r~•of, st~~ll :on~~~n ~he ~susl sra•,d~rd n;orrg ~yee c!~use or su:h ahe~ ctause aa the Mor~gac~ee may ~equ:re, ma?~ng the ~oss undr~ se~d po ~ s~•ach a~:d r.ery, p~,.~~'e to sa,d .ti1JRIGAGEE as ~rs ~n~~~c~st may appear, and each and e~e~y s~ch po.~:y shaii i~e promptty ass gnrd o~~d de~ivered : ~ h~~:d 6~ ia.~ t.'.J~IGAG~E as +u<<he~ sec~~ity ro s3id ~~:or~ga~e dabt. and, not lrss than ~en ~IO) djys in aJ.a~~ce of the e~.p~~ae~o~~ of each pot~cy, ro d~ +o s~~d !.SORIG~~v'E a renew~l tL:;reof, toge~her w~tn a recr~pt for the premwrn of s~ch ~enrwai; and ~hrre shail be no i.re or w~nciuo•m inwran; ; : jced on a~~y of s_d b~i'.i,~~~s, any int•rest thrrein or pa:~ thereoi, un'.rss ~n the form and w~~h the losa payab!e as aforesaid; a~~d in the event any aun j c~ muney 6~co-~~es parsc~'e under such po6cy w poi~ues sa~d AAO~TGtiGcE shall have rh~ opr~on to reo:~:e a~:d apy'y tir same on account of the indet~.•d 3 • ss sr:. rrd hi~~~by or to perm~t s.+~d MORTGAGORS ~o ret~•~ve and vte it pr any parl Ih~~:rof lor o:i~• r pw; cs~•s. .~.~~~~.~1 th,•~ ~r w1~•~ ~3 ~~~r d ~ 3 a~~y rqu.!~. I rn or r~ght und_~r Jr by virWe of ihis mo:~gage; d~~d in Ihe evenl sa.d A10~2T(iAGUR$ sha'I .`or any reason fa~l to keep the sa~d ptem~se! so ~ ~n~~r~d, or 1,u1 to cj_ ~Li•~ p+OnipNy dny OF S~~d pOLCirS G~ u~SUrd~~CB TO said MORTGAGEE, O~ foi: prO:nptly t0 pdy 1u~ly dny p~e'n~um therc'f0~ Or in d'~y ~ s, i,~! to F:e~`.,~m, d.sch,~ye, execute, effe:t, con~plrrr, co ~~p1y w~~h and ab~de by th~s covenan~, or any p.,rt hareof, s~~d h1l;RT~AGEE may piace a.•o tor s,.;h ~ru.,r.,nce or a~~~ psrt thr~cof waho~t waiv~ng or atfeaing any option, lien, equ~ty, or nght ~~drr or by v~itue of fh~e Mortga3e, and the _::nount cf eac~ a~~d e~e~y wch payment shall be ~R~mediately due and payable and shall bear imer~•at from tha da'e ~he~eof unt~l pa~d at the rate ol .~in„ ~r• a;. ~~.n ~nd t:,}_~f,~r ~nirh wch inrcrcai sha~~ br s~~.:.rrd by the Gen of th~s mortgage. 3. So pernur, c~r.,m~t or wticr no waite, impairmeM or der~~r~orar~on of sa~d prope~ty or any part therrof. To p.~y alt and s~+,gu.a~ ihe cos~s, charges and expenses, ind~ding a reasonable anorney's iee and cosrs of abstracts of title, incurred or pa~d at . r, e by s.~:d htGA1GAv`E, bcc~use or in the EvEnt of the fa~~ure on tne part of the said MORTGAGl7R to duly, pro~npily and fuliy perform, d~scharge ~!tec~, comp:~rr, co~~piy w~th a~~d ebde oy eech and e.ery the srip~lai~ons, agree~~~r+~ts, cond;t~ons, and covenanrs of sa~d p~an~ssory note and ~h~s ~•~y~~e any or e~fher, a~,d s~ d costs, charges and exprnses, each and every, shall tx imm~d~atrly due and payal,:e; whether or no> >her~ be nor~ce d~ d, atrr ~ pr to io .ecr or s~i~ par.d:ng; and ti~e f~~ll a:~uunt of ~~ach and every such pa~meM sh~11 bea~ in~cres~ from the date the~eot until paid at the ~ ~:•e ~<< c~~ ~c: ,.,c! a~i sa~d :o~ts, ci,argzs a::~ rx~e~:ses ~ncurred or pa~d, tog..•ther ~v~tn wch interes~, shali be setured by the I~en af th~~ ;;•tgi~e. 6. That ;a? the avrnt of any 6rrach of rh~s hlortgage or default on tM part of the h10R7G%1GOR, or ;b? in the event any of sa'd sums of money ;:n .r'rrrcd ro be r:c! ;.ro:~.f.r:~ a~,d i~~~y pa~d ~~:•i~~n rh.rry ;3J; days ~ext a~re~ the sa~«e se:ero ty beco~~~e doe and payabte, witho~t demand o~ not~ce, ; io ihe e:e,;t c:;ch and e.ery tne siipu:a~~or~s, agreemenn, w~~d~'~o~~s and covenanis ot sa d pro~~~ssory note and th:s mongage any or erther are not F~e ~ p~~~ and 4~:iy perfo,:~•ed, d s:ha+ged. execwrd. effeaed, complered, ca~~pt~ed wrth and aL~d_•d Sy, then in enher er any such event the sa~d ag ~ s:.-~ ~.~:~r,~~~rd ~n s„d pron,~ssory n..!e then ~e•»a~n~ng u~~Na(d, wnh interest aurued, and o,t monrys secured hereby, shall betome due and pay ..,!h c~ r~~,•re~i!e~, at :>~e opt~on oi se:d A10RtG~G~E, as f~liy and comp;ete~y as ~i a~i of ~',r sa:d sums of mon~y were ong~naily st,pu~ated • .;;i svct+ d_.r. ,ny~:-,~~g ~n s~ d pro n:sso:y nore or in this Alorrga~e to ihe co~~trary :.oi.,•:fhsr~~;d.:,g; and thereupon or thereafter at the opt~on of 1T. v. tno~t nohte or deinand, surt at law cr in equ~ty, lhciefore or Iherrafte~ beyvn, may be prosecuted aa if all moneys secutcd hereby . ..~.'_i F~.~ Jt !O ~13 ~!~5!~!Vt~J'1. 7. I•,.r ~n fl~e e..~nr rf:ar at the 6~~7~nn:ng o( or at any t~me pend~~:g a~y sv,t upon ~h~s Mo~tgage, o. to foreclose it, or to reform it, or to eniorce • c• t e~ :~•~v c.~. •~s he•e~.no~•r, sa~d AtGR~GAGEf sha I epply to ihe Court hav~~:g ~ur:s:i.cr;un tF_:co4 for the appa:ntment of a Rece~ver, such Co~rt shail n,_!.+ ~,_e:.er ci ;,;d ~no~t~ay<•d properf~ ai: and s~ng~lar, i~~::~d ng a~' a~~d s~~~yu~ar ihe ir.~o~~,e, proFrts, issues ar.d revenues from v~hateve~ e_:~ a~.d e.ery oi ~,,h.ch, ~r ~,ng e~};:ess y undr~srovd. ~s he!roy me+~gaged as if spec.f~ca~iy set fo:~h and described 'en the granr~ng a~d ! '~•~~_o±, erd s_~ch Rece~.ar sha~~ ha~e a~l fhe b::,ad and eifeo,ve f~rcr.ons and powers anywne entr~sted by a Court to a Retei~er, a•~d ~r s~.a.. ~ sde b~ svch Ce.,~~ as an ad •~~ir~d eq~~ry and a~^.atfe~ of a! so.~re rgh~ ro sa;d MORiGAGEE, and w~rhout reference to t1~e _.c, o~• 3c.,~ ~,i o~ i~.r va:~~e o~ the prope+ry mortqaged or to fhe s~.vency or ,~,~;:.e~,cy oi sa:d t~IORiGAGOR or the defendants, a~~d ihat such •s ~:v:•s. ::.c~ ~~r. ,is~~s a*+d re.rr.~es sha~l be app:~ed oy such Recc~ver a:.ord~~~,g to the l~en or rquity of sa:d MORSGAGEE and the practice of such ...rt. v. ~ i Tu d:;'~, r~c- e•:{ a~d fc:'y perixm, d~ut,jrqe, exec~te, effect, co~rp:rre, cc*,:p?y w:~h and ab~de by each and every the st~puiations, agreements, s a~ o w.~na,.•s d pro.,•ssory .,are ~~;d chs n,~rrg~ge srr fonh. ~ I i 4 T~ a+ ~.e •t ~he c:.^e•eh~, of tne ~.,o:rgaged prr~~~ r any part tne*eof, beco~es vested in a person other than the MORTGAGOR, the j 525, O r ~~s s_r:c;s:~s ~ d os~ o~~s, may, v.~rno~t ner~ce ro ~re .','ORii,.:OR, drai ~v;th s~ch wccessor or successor in ~nterest y,,~th ~eference to this ; y a a•.. <ny se..,red ~n the ia~re :*~anr~r as w;th !.S.rTgago~ w~tho~t ~n any ~vay Y~f.d~~~1(J o~ d:schary~ng the 1.1c.Tgagor~' i~abillty here~ s~:.•~ed. Ne sa.e of ahe E~e•*:ses h_~~•b; mo~Igayed a~•d no tor~;ea~a~ce on rhe pan ot ~he r~ORTGAGEE or its successors e , ,.sya~d :t u,e e fo~ ihe payn:enr of t'r~e drb~ h~.eby sec:.~ed g~.en by ~he MJRTG~GEE or ~ts s:,ccessurs o~ ass:gns, ~hell operate ~ d s;`-r ye ~r;d.cy c',e,•ge or oifect the o~~y~ral i~ai~:: T~ of the h'.ORTGAGOR liere~n, e~ther in whole or in part. ~ ~ • ' ? Ir :s s::~~c'•_,,:y r~~d +~~af t~~~e is of rhe esse~ce of th~s contract a~~d that no wa~ver of a~y ob ga~:on hereunder a of the obliyatipn se- y _ _•d :^.rr_cy s'r:3. a• t:°.~`tr.~~reatter L•e h~•~.d to be a w~t.~~r of the ttrr:s hercof or of the iastrument seiwed ~erby_ . ~ • :ati ,•,rs vf ~ and .~s rc1_ -_d o; the {.•a~.: s;cry „c'r s,:ured herobr, mort9~QOC e~~Ai'1!Mnts ° . . .r~ ,r .;,.,•i ~ ~.-~l~ __T ar..a,.~~ a~ s_ r~s• ~~ed i~~ ^:crg.jgea to be e:a~a~ to I 12 of the aruwai eoff:0~ 1he fbfiOW- ~ ~ .1_ ~ ~ _ . ~ . . . 'fi'S .<-..•'t O• d55-'SS~_ii ~:j~~'~51 1F:!' dti:~~'.C tls.~r r~.~ .;d~ CS~sc. ' , ,.sr.- _„->,-a- ce he:e r, •,~G,;,.rd ro br ca•-~~ d c, ihc _ OvBmC~!S s,r;;ate en th~ abore de}vi6ed premises_ ~ G; : . . ~ d~F • C F• ~ . ~ _cF. ~ ~r+, c~~a~jn~y ~rs~ra~:ce as mo~r~agee sna:l fre~~ r me to t~~~e dee~n f~1 !o ca+~y on the loan sCCVfed he~eby• _ ~ - • •o +~.e r e r,,,g,.r rt w~:r~~•g of th z•~ o~~t d~;~ ard payable hereundar and s~ch surn shs{I ihereuppn be, snd • • o• •r : r^r ,.;t a~,d e.,:h succ•~s~.~e ,,o.-rh thercafr~r ~:.v~' mortgjyee sha!I nof,fy mo~tga9or o~ a thal~g~'~if wth s. s- _ , d c:~ ~„r.~,~•,r tor.ard ri~e ~a~~nent of r~,i pre;~eriy ta.es, ~ns~ranct prem.~ms, a,~d mocfyage :~{~iy~illyijAturance . , s "T _ .;Si :,ti:C~CF +n.• sa d!.10RTGAGCR has hereu~to set h~s hand and s~•al the day and ear first aforesaid. ; 5 g~ed.• Sea:ed a:d ~'~:e•e in the prese~eb ,,NO RECOaoEO WA C~~ Y ~Y - - - ~uc~E couHtr F~~. . ~ Bv • cs~a~ _ ~ ~ ROCER ?~ITRAS _ ayne . ne , r . , e i~~n~ - ~ i;tERK C1kCIfIT COURT y . a " ~~-r~-- - _~ECIIRO vEFiFiED....~...~?- ~ ~ C1 cs~a~~ i Attest: r cia .~ines, ecre aey e - - - - - ~ ~ 1 11' 1 ~ (Seal) ~ ~ reasurer ~ 218~36 ~TATE OF FLORIDA COUNTY OF ST. LUCIE . ~ 4 I HEREBY CERTlFY, That cn this day of ~tabPi__ A.D. 19 ~l , . . Wa Sines Jr Patricia A. Sines before me personaliy appe~red Xh~_U,-------i--- and - T rea su re r of ~espectively _ _ President and _ _ _ . _ Secretary : _Wayne__Construction_Company _ _ _ _ a Florida _ _ _ Corporation, to me = known to be the persons described ~n and v,ho executed the forego~ng instrument, and severally a~know{edgetl the exe- ~ 3 cution thereof to be their free a:t a~~d deed as such offi~~ers for tne uses and pursoses therein mentioned; end that ihey affixed thereto the official seal of ;a+d corporat~on, and the sa~d insf~ument is the act and deed of said corporation. ; _ V`:ttNE~S my hand and off;cial seal at Fort Pierce ____~.~JQ_ said unty nd stat = This Instrument Prepared by Richard K. Kaye ~ ; ~ = First Federal Savings and Loan _ ~ ~ Association of Fort Pierce, Florida Nofary Pu I~c, ~n and for tare and Counry aforesaid. My Commission Exp~res: m~ ~ q-.~~-- . , ~ ~ _ _ ~ _4.._:.: . z ~ . _ , - - BooK19S P~~F2609 - 4~