The URL can be used to link to this page

Home My WebLink About2959 ~ I 3. To p~ace and com~nvo~siy keep o~~ ~he bu~:dmgs no+a or hereafter ~~tuate on sa~d la~d and on aR equipmen~ and perso~ally tovered by this mor age, w[th ail prem~v~ns thareon pa d in iull, Gre inwronce in the ~sual standard po~icy fo~m, in a sum approved by Ihe MORiGAGEE, and wmdsto ~ns~rance in ~ha usua! s~andard pol.cy for~n, in a sum approtied by the N10RTGAGEE, in su<h conipo~~y or companies as the AIQRTGAGEE m d~~ect; and all fire a~~d w~nds~onn insuran~e poGci~s on any oF said build~ngs, any inte~NSt therein or pa~t thereof, in Ihe agg~egate sum aforesaid :n excess thercof, sh,~ll :untain the usual sta~~dard mortqagre clause o~ s~ch othet dause as tha Mor~yagee may requ~re, making the loss undrr sa~d po c~es, each and every, pay~b!e to sa~d L1~RTGAGEE as ~ts interrst may appear, and each and every such pc!:cy shall be promptly ass qned and de~i•lcrrd ; any hefd by sa'~d t:,OR1GAGcE as furth<r sccurity to said n~or~gage dcbt, and, not less Ihan ten (10l days in ad:ance o( ~h~ eap~~a~~on ol each poGty, ~o d. Gver to said MORiGAGEE a renewal the~eof, togethrr with a rece~pt for the premium o} svch rene+.al; and the~e shall ba no Gre or windsto~m insuranc placed on any of s3id bui!d~ngs, any interest there~n or part thereof, unless in ihe form and w~th the toss payab!e u aforesaid; and in th~ eveM a~y sun ot mCney beto~nes payoble ~nder s~ch policy o~ pol:cirs said MORTGAGEE aha{I have ~he op~~on to rec_~~r and apply tha same on accounl uf the ind~br~d n_•ss secured her~oy or to perntit said MORTGAGORS to recrive dnt~ use it or any part thr:eof for o:n~_~ {.ur; osos. .v~tho~t thi~. u~ .v:i.~ or ~^ip.•~~ ing any equ~ry, I~en or right ~nde~ or by vinue of this mo:tgage; and in the event sa d MORTGAGORS ah~tl :or any rcason fail to kaep ihe sa~d prem~ses so ~nwrad. o~ fail to dal~ver promptly any of said poGeies Ci insuranee lo said MORIGAGEE, or f~i: p:omptly ro pay fu~:y dny pre~niwn there4or o~ in any ~espect faif to perfo~m, d~scharge, execute, e(fect, complete, co~rply with and abide by this cove~a~v, or any part hereof, sa~d MGRTGAGEE may piace a:~d pay fe? auch insua~nce or any part thareof w~rha~t waiving o? affecting any option, lien, equ~ty, or r~ght undrr or by vi~tue of thls Mo~~gage, and thE f~ll amovn~ of each and e.ery such paymrnt sh~U be immediately due and peyable and shail bear interest }rom tho date ~hereof untit paid at the rate oi ~..~,e pcr cenrum per annu~n ~nd ro~~ah~r vcith s~ch intaresr shaii be srcured by the lien of this mortgage. 4. To permit, comrnit or sufier no waste, impairment w deterioration o'. said praperty w any part thrr~of. 5. To pay all and singular the costs, charges and expenses, inc!udin~ a reasonabte attorney's fee and costs oi abstracts of titie, incurred or pa~d at any ti~~:e by sa~d MURiGAGfE, because or in the event of the fa~lure on the part ot Ihe sa~d MURIGAGUR to duiy, pra:~pt~y and fuiiy pe~(oru~, d~sdm~ga. _~rcute, ef(ect, co~np:ete, to~nply w~~h and ab de by each and every the stipu~a~~ons, agreem2MS, cond~t~ons, and covenants of sa~d prom~ssory note and ih~s r.or~gage any or enhe~, and sa!d cos~s, charges and expenses, each and every, shall be immediately due and payable; whrfher w not there be no~~ce dz mand, atr_n,~t to co:lect or svit pend.ng; and fhe full amovnt of each and every such paymem shall bear interes~ from the date thereof until paid at the r r~ o+ ~nne per c~~ntum Yer an~~un , aN sa+J cosis, charges and exper~ses incurred or paid, together w~~h such interes~, shall be sewred by tne lien of this mortgage. 6. That (a) in the event of any breach of lhis Mortgage or default on the part of the MORTGAGOR, or (b) in the eve~t any of sa:d sums of money h, rein refe~red to be ~ot promptly and I~tly ua~d wi~hin thuty 130) days next after the same severatty become due and payable, without demand or notice, er ~c} in thr event each and every ~he stipu~at~ons, agreements, cond~tions and covenants of sa.d prornissory note and th~s mortgage any or e~thet aie not i~iy, p~omp~ly and fully perFormed, d~scharged, eaecured, eflected, completed, compGed with and abided ~iy, tfien in e~~her a any svch event the sa~d ag 3•ega!e sum ment~oned ~n sa~d promissory note then remaining unpa~d, with interest accrved, and atl moneys sewred hereby, shali become due and pay- ec e fo~th.v~th, or ~Aereaffer, at the ept~on of sa~d 610BiGAGEE, as fully and completely as i( all of ~he sa:d wms of money were onglnaily st~puiated ro be pa.d on such dcy, anyth~ng in sa.d pro:r,;ssory note or in ihis Mo~tgage ro the contrary not~v~thstand+ng; and thereupon w thereafter at the option of s;.d h10RTGAGEE, w~rhout not;ce or demai,d, suit at taw or in equity, therefore u thereaiter begun, may be prosetuted as if all moneys secured hereby r.,d matured pnor to ns ms~itutiun. 7. ihat in the e~ent rhat at the beginn~ng of or at any time pending any suit upon this Mprt~age, or to foreclase it, or to reform it, or to enforce ~~~~ment of any c!,in,s hereunder, said h10RTGAG~E sha'1 apply to the Cour? having junsd:ction therrof for the appomtmem of a Receiver, such Co~rt shall ~c•1h,~~Th appant a rece~ver of said mortgaged property atl and singular, indud.ng ail and s~ngular the income, profrts, issues and revenves from whatever s_.,~ce der~vc'd, each ar.d evc~y of wh,ch. ~t be~~lq eapressly understood, is F.ereby mo.~gaged as it spec~ficeNy ses fo~ih and destribed in the granting and F,:~endum. c~avses hereof, ar.d wch Rece~.er shali have alt the broad and effective funu~ons and pov:ers in anyw~se emrusted by a Cour1 to a Recei~er, a:~d s. ch appoiniment sna~i be made by such Court as an ad~nitted equity and a matter of absoiute right to said h1URTGAGEE, and without refetence to the ac?equacy or inadequacy of the value of the prope~ty mortgaged or to the so,venty or insoiventy ol said MORtGAGOR or the defendants, and that such :rs, profits, inco.re, issues and revenues shall be appGed by such Receiver accordiug to the lien or equity of said MORTGAGEE and the prectice of such Court. 8. To duly, promptiy and fufly perferm, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, _cndirions and covenanrs in sa~d prQ:n;sswy note ar.d this mortgage set forth. 9. That in the event rhe ownership of tha mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGpR, the :"~RTGAGEE, its s~ccessors and ass~gns, may, wiihout notice to the MORTGAOR, deal with such sutcessor a successor in interest with reference to this ~•~gage ar.d tne deut hereuy secured in the same mannar as with i~tortgagor without in any way vit~ating or d~stharging the Mo:lgagori liability here~ ~^der or upon the d~bt hereby sec~red. No sale of the premises hereby mortgaged and no iorbearance o~ the part ei rhe IAORTGAGEE-or its successors au~gns and no extens~on of the rime for the payment of the debt hereby secured given by the MORTGAGEE or its wccessors or auigns, ahaU operate ro re+ease, d~stharge, mod~ty change or affect the orig:nal lia~~~~ty of the hSQRTGAGOR herein, either in whoie w in pa~t. 10. It is spec~fic:,i~y aoreed tha+ time is of the essence of this contract and that no waiver of any obligatlon hereunder o~ of the obligatiun se- c~~ed hereby sha;, at any time rhe~eafser be he:d to be a waiver of the terms hereof or of the instrument secured herby_ 11. In ~:i~ r:o ~~o the fo~egc .~g ~^onth!y paym=nts ot princ pal and interest required 'by the prom'sscry no!e sewrzd hereb~, mortga~or tovenants r,:i ag.c_s ro pay ro r,c-tg.~gee v.~th each ~o~anrh!y payr.~ent an add~rional sum ~~sn,,,ated by mortgagee to be eqvat to 1, 12 of t;:e annual cost of the foilow- A-A(t real prop•_-rty tsx.s Ie•~;ed or ass>ss_d agai•~st the above describcd real estate. 6- Fe~r~, r.s o~ 1~~e and .vindsio-m ~~wrarce as nere~n requ~red to be ca.ried on the lmrroveme~ts siwate on the above described premises. C-Pre:-;u~~~s o~. :ucn ~.:ortg:,oe guaranty ir.sura~.ce as mortgagee sha:l i~om t'me to time deem fit to carry on the loan secured hereby. Mortgaqce sh,il from teme to Gme ncrify mortgagcr in writ~ng of the amount due and payable hereundrr and wch sum shall thereupon be due and ~ abte on rh~, d~e care oi ihe next month:y payment and each svccessive month thereafter ur.ti~ mortgagee shall not~fy mortgagor of a change in such l o~~t. Such SJ'T:5 s~ a.i be a~ ~:lied Ly mortgagee toward the payment of real property taxes, insurance prem:ums, a~id mortgage guaranty insurance ,~~•e~niums. . - IN Y,IITPJESS :VHER~OF; the said MORTGAGCR has hereuato set his hand and seal the day and year first aforesaid. Signed, $eat an de vered ~n the presence of: F~LEO ~ND RECOROED C~x'S I 0 ORATI ~ _ S LUCIE COUNTY FLA.~ By: ~ ~L . ' ` - ' (Seaq g ~ ROCfR POITRAS ~ z rr ~ en I - - CIERK C1RCU11 COUlIT «a~~ RECOP4 VEP.tFIE7 tesfit - 1 (l'eat~ - - ~ ~ 1? ' - - - - • - - - ~ e~ - : 239308 ~ ~ ` . : ~ ~ STATE OF FlORIDA COUNTY OF ST. LUCIE ' ; r Y ~ ~ - - 1 HEREBY CERTIFY, That on this . s~ day of-______ ~ctober A:D'.19 72 , ~ 5efore me personally appeared aZe~J. Ha2'2'is and Franklin A. Hariiis s G respectively President and _ - Secretary , of HARRIS CONSTRUCTION CORPORATION Florida ~ a____-~--_____ Corporation, to me ~ known to be the persons described in and who executed the foregoing instrument, and severally acknowledged the exe- a: cution thereof to be their free act aad deed as such off~cers for the uses and pursoses therein mentioned; and that they affixed thereto the official seal of said corporation, and the saic! instrument is the act and deed of said corporation. ~ • WfTNESS my hand and official seal at Fort Pierc~~' , sai county a state. ~ r , _ ~ The instrument prepared by . i, t ' ~ ?•fi. F. Braun . • • ~ ~ ~ irst Federal Savings and Loan :--i ' • Natary Pubtic, in d for St te and County afQresaid. ~ . ,~Ay Cpmmission pires: ~ C, / 9 ~S ~ nssociation of Fort Pierce, F2o~ic~t:,- t- V j r t ~.~RY P~iBL(C STATE OF FIORm~ eT ~ a ~c~~ ~ -;~~r..- ~ ' i•_", ~ _ ~ - • • '.r i . r c r-~l-RAL INSURANCE UNDERWRITE6~ 1975~ Checked BY ; . ' RS. INC~ . . . i, , _ _ ~ : _ ' BOOK ~Q~ YAGF~~~~~ ~ ` ,.a _ ~ . _ _ ' ' _ '¢h ~-,,r- ~ i c a. ~ ~ y ~ _ z ~°A.u~, ~"~~ts"'X„_ _ : _