HomeMy WebLinkAbout0030 3. 7o p;ace a-,d :ont~~;;o~ s; 4eep o•~ me -3s rc., or hr~ra~~r* ~~r; jre on sa d~and and en rq_~p,,.ent a^d prrsona'~~ ce.e~ed b. ih,s
a9e. w tfi alt prt^,:..~~a thcreen d.r. f,, , I,,e s.,~~ ::c t,~r ..s..e, s*> ..,•d .cr jotm, ~n a S..~n a~.pro.rd br +1~_ /.1~iR~..~~v;:. a .iero
^surance ~n ~ne usuai a•anda~d F.o cy }o~•~. ~n a s~:n a;:;.ro.ed c; rnr fl'1JRTG~G:E. ~n sL.h co~.~Yany or co.~; an es as }ne ,'J~T; %.3:E .
d~ecr; and all f~re a^~ w;nduorr~ ,nl,~•a~ce po ~c.rs on any of sa~d bu~ d~gs. any ~n~eres~ tl+erem ~r part thcr~oi. in the ayg~. ga•r s~~~ are~es~ d
e+cess thereaf, s'~a'.1 :o~.re,n the vs.,.: s•a••d~rd mo~!~~gre c•~:.se or s„ch o~her c a~se as the Mo~tga~ee may ~ey:; r!, maAing tnr .ess u»d~•~ i~ u F:o
- es tach a~d every, pa.~5'e ro sa~d t~:~R':>4GEE as ,~s ~~~er~~st n~ay ap;ear, a^d ea.h a~~d e~e.y svch po_c,r sFa~~ be p~o~~pr~y ase g~,«i s. ~ d~• .<r. n
a^.~ he~d by s~~d Mp~TC,AGiE as fu~ther sewr:tY fo s3~d mo~t~ege deof. a~~d, not ;cs~ ~han ien ~iC'. days in ad.a~~:e ol the erp~*;~~o~: e~cn Fo ro d.
.er ro sa~d MORIG!.~EE a rerye~a! tt,ereoi. toy~efhrr ,ti,rh a rcce:~:r for the p~r^~.~m of iuch re~,e.~.~'; a:,d +here aha',: br ~e f.re cr,,~:,.,~s~~ .n,~,.s_~a:,c
:'~ced on a~y of sa:d b~~id.~~gs, a~r ~~te~es~ the~e.n o~ pan ~hzrrof, un'css +he for~n a~.d ,ti~~h ihe .cas paYab:e as a~.res~~d; a^d ~he e.e~~t a^y s„^
o• money becoTes payat'e vndr~ s~ch po5cy or po6c~rs sa.d MJR'G.4GcE ah,ti ha.e ~he op~,en to rcce..r ~nd ap~:y t:~~ s~~~~e on a;co.,.~~ oi ~^c ~.~~,ce~d
~:~ss sec:,.rd ht~cby or ro ~.~enn,r aj~d MpRiGAGORS ro fECr~r2 a~d ~se it or a~y ;.~~f tr-:~~~af to. c~,,..r ._s~s. ~tir~:•, _
,~~g any eqwry, ~.en o~ ~,ghf under or oy ~~:t~e ot th~s mc•r~age; and in ~he ev~m sad MO~2'GAGORS sha'i `or.any fN3SOR 4a~1 to :rep ~?,e sad 4re"~.s:s so
~w~~d, or fat to de:~~er p•~,npi~y ~n~ of sa~d po~,ues of ~~s~ra~~ce ro sa d A1ORIGAL,iS, or te~. p:omp~ii to pay fv~:y any i;rr »~~.m 1t~2~a'J! or a y
•es~ecr ta~l to perforrr,, d:sch;.ge, e+ee;,,rr, etie:e, comp.e}e. co•nply w~~h and ab~de by th~s co~ren~r:!, or any parf herzc+f, s~:d R1v~T,,:.GEE ~T:~~ F ace a o
~ e~, fo+ such inwrence or any pa.t thereof v,.Thou~ wan~ng or aifecnng any o~~f.on, i~en, eq., ry, or i~yht under o~ by wrrue oi ~h;s h~or~g~,~r. a^.d shc
i a~novm of each and e.ery scch pa~rnem sha:l be ~n:med~ate~y d.~e and payab:e a:~d stie:l lxar inter~st 4rom ~ha datz th¢reof unt~1 po.d a~ ~ne r,~ro o1
• e per cenr~m per an~,; ,,~:,a. 1Jjrth~•r ,,.r.h s~cn in~e•~s~ sha:. or sr:.,~ed b~ the i,en of th~s mortgag~.
1o pe:mir, commrt or suffer no wai~e, impairment o~ derzr.crat,on of sa~d property or any psrt ihereof.
5. To pay all and s~ng~tar the cos!s, charges a~d e.per.ses. ~nnud~~g a reasor.ab!e a!Tamey s fee a~d cosrs of abu~ncts of t~tle, incu~.ed or p~:d af
. t~•ce by sa:d MORTGAG~E, becaase or in the event o1 the (a.~~re on +ne oart of the se~d M~RTGAGOR to dc:y, pro^p~ly a~d f~:~y pzrform, d~sc~~~~ge
__c~+e, etfec~, c«np:ere, conp;y nnh and ab.de by eacfi and every ~he s~~p~:a~,ons, agrer~.~ents, cond~t~ons, ar.d cove:~an~3 of sa~d pro~*,:ssory r.c~te a•.d ~%.s
•~-r9age any or e~rhe., and sa d cosrs, cha~ges and eapenses, each and every, sha~l be ~mmrd,ately due a~d payac:r; wherher or not ~hr~e be noT~ce d~
~+~d. atte~„pt to co ~ect or s.,rt pend ng; and rhe fu.! a~~ount oi each and e~•e.y wc!~ pa,men~ sh31i bea. ~nt~resr 4rom +he dafe ~hereof ~n~~~ pa~d af r~~~e
~ e+ na~e per c~r.•,,„ ;.~r a, , ai; sa~d cos~s. cna~ges ard cxre~ses ~r,curred or pa~d, togrrher ~.•,eh s~ch ~nreJes~, shafl be secured by fhe „rn of th,s
mo-~gaye-
6. lhat (a1 in ~he evem of any breach of th~s Mo~rgage o~ defa,,:t on ttr_ part of tl,e YORTG~GQR, or ,bl in thr event any of sa'd sums ot money ?
re~n r~fe~red to be r.ot pro~-•pr:y and }u'~y pa~d .+~~rhm tn.~ey ,3v, dais ne,r a•re~ the sa•»e sr.e•a :y beco~~~a due a~d payeL!e. w~1hout dema~~d o~ ncr,:•~,
~•;c) in the eve~t each and e~ery ihe snpv:anons, agreemems. co^d~~~o~s and covenanrs o! sa d promiSSCry note and ~h s morfgage any or e~ihe~ a~e no~
r. prompriy and f~~,iy performed, d xha+3~d, e¦ec~red, e!fec+ed. complered. com;,:.ed wrth and ao~ded Sy, then i» e:iher or any s~ch event tt~e sa,d ag
:•,~~ate sum me~t,~n~ ;n sa~d prom~ssory ncte then ie~*.a~n~ng unpa,d, vvah in~erE;t acu:,ed, and a:~ mane~s secured hereby, shalf become d~e and pa~-
ferthw~rh, or rhereaf~e~, at the op•~en o? sa.d 610~21GAGEE, as fu:~y and c~~mF:ete:y as if a:1 of ti,r sa,d s~ms oi money ~nere or~g~na.iy si F.:.at~d
_ br pa.d on such dzy, ar,yfh~ng ;n sa d pro•n~ssory ncre or ~r. ti,;s Morfgage ~o the conrrary not ~.tnsrand:nq: ard thereupon or ihr.eaffer ai ~he eF.r.on ef
s- d M02TGAGEE, v~nnow no~~ce or oemand, surt at !aw or in eq~~t~, theretore or thereatter beg~n, may be proseWtetf as :f all moneys sewred 'hereDy
~ matured pr~or ro ns mstnut,on.
7. Tha~ In ~he event thae a~ ihe beg;nn,ng of or at any t~me oend~ng any su t upon thyy lSfto*tgage; or to~oretlose lt, ot ta refo~m i~, or to enfcrce
.?.Tent o1 any c~;TS !,ereunder, sa:d h•. ;R?G:.G:E sha'i opp!y to the Cew~ har~r-~ ~~•~sd:cro~ th£reof foi the ~ppointii~er(T pf ~ Rece~ver, auch Ce~r~ shai{
_+=•wah a~po~nt a~ece~.er of sj~d ^.~.ort~aged property ai! a~d s~~g~lar, ;nc,~,d ng a•~ and smgu~ar i~.e incen,e, ptof~t~, •i~sy~s ar.d revenues f~om v~hate:er
s. _-ce der~.ed, each a-d eYery of ht~ th. ,r i~e~nq e<p•ess y unders~ecd .s te:cb~ mo~*gagrd as ~'r spec:f,~a:~y set forth and desu~bed in th< grant,ng acd
~endum ciavses hereof, z^~ 1,;ci, Reca~:es sh3~~ have a~t ine b•~ad a~,d e~?rc•:,~e f~~~r. c,cs end po+vers m an~x~se enrruated by a Co..•t to a fiec<~i.e~, a•d
s c~ appo~ntme~~t sha~I ~.-.ade D~ su;h Cc.:rt as an ad hiTted equ;ty a~d a r.:orrer oi abso:urz r.ghi ro sa:d ~Y.JR7GAGEE, aRd w~rhout refefer,cr ro the
:_•a.,acy M ~nd[jfq~2ty of tF.e va:ve ef ihe p.operry mprTgaged or ro rr.~ so ~erc~ cr ,nsa .e~c~ of sa:d MpR:GAGGR or the deirr.da~n. a=~d rh~t s~ch
,•s, prof~ts, income, ~ss~es ar,d reven~es sha+~ be app:~ed ey such Rece~ver auoro ~~g fo the :~en w equ~ty of aa~d MORTGAGfE and ihe pracnce of s..ch
~_~rt.
8. To dvly, prompt;y a~d fully perfo•m, d~stha~ge, execu~e, ef',ect, coTpleTe, com.ply w~+h and ab~de by each and every the st~pu;at~ons, agreemen:s,
=-~d~+~ons and covenann ~n se~d pro~n~sso~~ nou and th:s mcrtgage set forth.
9. That in the e.ent ihe ownersh:p of the mortgaged prem~ses, o~ any p~rt inereof, tecomes vest~ in a per~n other than the MORTGAGOR, the
:~RTGaGfE, its wccessors ard as:~gns, may, w~+ho~~ r.o•.ce to i!ie :lORTGA~R, deai ~,:~h such successor or s~ccesso~ ~n ~nteresr ,nni, refer2nce to th~s
c-1gage and the d_b~ he~eby secored in tne same man:,~r as w~~h ~1,or.3agor w~tho~t in any way vi~:ating o~ d~scharg~ng the fhortgagoii iiab~.~ty herr
_ ~er or upon the d=b~ ~ere. ~ sec~red No sa e ef ~he ~~en,:ses ~ereo~ mortgaged ard no ~orbearance ort the parr of ~he ~AORiGAGEE or Ity su,cessors
ass~3ns ard no exrerston e'. ~he t,~.e ior ~he payn-ene of the debe h~-e~~y sec~red g~~en by the titiOR?GAGEE o~ ifs successors or ass.gns, ~~.a:~ o;;eraie
o re~ease, d:scharge, mod~fy chacge or affecr t~,e o•~g~na~ i:ao.~.ty oi tne N.ORTvAGOR here~n, either in whole or [n part_
10. It is spec ii;a~'r ~g•eed ~haf t~me ;s ef the esse^ce of th;s co,rrad a-:d tha! no wa~~er o~ any ob,:gat;on hereunder or o! the ob'igar~on sr
c~-=d hereby s~a'~ at any t~me tnerearre: be he:d to be a wa~:er cf the terms he~eo4 or of tne i~sir~ment sec~.ed he:by.
I1 In ~dd t.c~ to t~~e fo~ego .-.cnrh'y pa.menrs of pr~nc ::a a=.d ~~,-r~es~ re?u~•ed by rhe p+em sscry ne~c se.,,red h~~rt•b~. mC:tyayor covenants
~ ag•ees to pa~ ro ~•.O"t~d~CE +~nh eac~ ~ ~n+h y ta~. e~f ar. o~d •.cnai s.,~~~ es• ^ ated 6y mo*tg~gre to t~e eq~ai to 1 ty oi +::e o~:, uai cc:t of tFe to~iow-
y
A-Al! rea~ ~;rope~'~ taYes le.~ed o• ass=ss_o ay:~•.st rF~r eco:e desc•+^._d r_;I es•a!N
6-F.~•n.:~~ns on f:re ard o.~~difo~•,. ..^.w•~~:e as ne•e~r. .ec.:.red to be ca•r~-d cn !re :~rroveme~ts stuate on the above d~=_v~bed prem;ses.
C-Premwr.:s o~ s::ch mytg;ge g.;aro^ty ins~ra~:ce as mertgay?e sha~i {rcr*~ r ce to t:me d,ern fit to tarry on tFe loan sec~~:ed hereby.
Mortgagee sht i'~cm trne to t~~-:e nct~l~ mc~tyagcr .n v.nnng oF tne a^ o_~t dve and payable here~ndar and such s~~r shai! ti,cre~pon d~e and
...,b!e on thL due care of !~e re~t rt:0'tth:y paymer~t and each wccessi~e -ro^rh rhe~ea4izr ~r.ti: mcrtgagee shai~ nof:fy mortgago• of a chan~e in wch
_ ;ont. $~Cfi sums s~a.+ be a~p`i~d 'oy mcrtgeg~e towa~d tne payment of reai proFerty taaes, inwrante prem.~ms, d~~d mortgage guaranty insurance
. ~.:iums.
j IN 1JITNESS Y:NEREOF, fhe sa~d ~AORTGAGOR has he~evnto set hia har.d and seel ~he day an e firot aforesaid.
' Segned. Sealed a-d de'.ivete in the p~esence of: ~,T t ~i i
i . ~ t' : ` 15ea()
c~ ~p F:L~G:.k.~ ~~--^EO ly ' 4 1, :°res:dc~r:.
, ~ S~ IUC. :..:y1~ FIA. (~~1)
: F' - - - ~ a;ti,RT ~ - (Sea1)
~ _ C ~ i. ` . . _ - ~ l$eal)
t - , , ~ -
t _ _ . - - ~ - - ~ - - -
4 '
° ,l~ut 8 u2 AN'~1 22252S
' STA7E OF FLORIDA COUNTY OF ST. LUCiE
~ c iar.uir
' I H_REBY CERTIFY, That on this day of y _ , A.D. 19 1~
~ •
before me personally appeared ':E' : ~y : ~d i =
i fes~ctiu~ly ~5 President g~~p~y~c ~ of
s ::.~il, ~on~tr•ac~: '',-.-.~~::n, =;~ric?~
, a - - Corporation, to me
' known to be the person~ described in and who executed the foregoing instrument, ands~u~call~C acknow~dged ihe exe-
~ cution thereof to be free act and deed as such offi:er~ for the uses and pursoses therein merrti ~ hat 1he~
; ;~1 _ •
affixed thereto the official seal of said corporation, and the said instfument is the act and,.dpt~ . atron.
s~~r i~.l%'. ~
WiTNESS my hand and officia! seal ai Fort Pierce , said county a ~lat~;' ,
rr . ~
a f ~
. .:5 :R~tr::r.c•ci ~;re~,ar~._ ;
' r.
~ .;~~t~-- . 1 i ~;5 ~ .
~ ._r5* .,~~?i~r~l r~~~.r N r~r Gblic, in and f State {du or~ai~.~~,-
" ^ My Commission Expires: ~ ~ ' ` '
; : = i . ;r r OT' ~ : E IC't 1 ~ - = r ~ 'dr~'' ~~1~ T
' - • -,~.;y;~ R~.
; -a9 - ~5 .Y~~;~~ t , :
r
' •n....::..:+r`'~ ,
- Checked By :
t
E~R~ sy9 P.,~E 30
- ,