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Home My WebLink About5891 3. To piace and cont~nuo~sfy keep on ~he bui'dmgs now or herrafter eituate on s3~d land and on a!~ equ~p~nenl and personally covered by lhis mortg- ege, w~th ell premiwns thereon pa:d in iu~l. Grz insurance in the ~sual ard~,d~~d porcy form, in a s~.~n aHp~oYed by the MOR~GAGEE, and w~~~dstoim ~nwrance in the usual standard po:~cy loim, in s wm a~;~~~o~ad b,r the A~ORTGAGEE, in such co~npany cr com~ art~es as ~he h10R1GAGEE may d~~M; and all fire ar.d w~ndetorm inwrance po,~c~es on any of said b~ild~ngs, any interesl therein or part the~eo~, in the agg~ega~e sum aforesaid or in eacess thereof, shaU contain ~he usual srandard mortgagte dause or such o~her clause as the Mortgagee may requ~re, mak~ng the ~oas ~~~drr sa~d poli- c1es, each and every, parab!e to sa~d ~1~ORTGAGEE as ~rs ;nicr~s~ ~~ay appear, and each and every a~ch po:~ci sha~l be pro~~p~iy ass g~~~d a~~d de~~~a~~d ~o any held by sa~d A10RIGAGEE as (urthzr srcurity to said mo~tga~e debt, and,- not less than ten (10) days ir~ ad.ance of the eaairatbn of each policy, to dr I;ver to said A10RTGAGEE a renewal thereof, toge~her with a rrce~pt for the p~e~n~um of such ~e«ewa'.; and ti,ere shall be no fire or w~~~ds~o~~~ ~~swance p!ated on any o( said hui!d~ngs, any interest there~n a parf thereof, un!ess in the form and w~~h the lo:s payobie as afo~esaid; and in the event any s~m of money becomes payabie vndrr svcfi policy o~ po~+cies said MORTGAGEE shall have the opt~on ~o rec~~ve a~~d apN:y the same on accoun~ ot the ind~•i,ted- ness secured hereb~ or to prrmu sa~d tAORTGAGORS to recrive and use it or any part ~F1a:BJ1 ior ocn~°v F•~~.os<s, ~.~~~~•~~T thr.DJ `h..~:~ 3 0~ ~ng any equity, lien w right undrr or by vir~ue of this mo:cgage; and in the event sa,d M0~2TGAGORS shail Eer any reason fail to keep ~he sa~~ prerms_s so ~nsured, or fail to da~ive~ promptty any of said pollcies of insurance to sa~d MORTGAGEE, or fa~l promptly to pay fu:ty any pren'~um fherefor o~ a~y ~espect fail to per(orm, d+schzrye, eaecure, effect, complere, comply wirh and abide by thfs covenant, or a~y part hareot, sa~d MGRTvaGEE may p~ace a:o pay for such insurance or any part thereof w~~hout waiving w affeuing any option, lien, equ~~y, r~~ht ~nde~ or by v~~tue of this lto+tgage, ar,d the 4u~1 amount of eath a~d e~ery suth payment shall be immediately d~e and payable and shail bear interest from the date thereof uniil p,,~d at the rate ol n~ne per ten~um per annu~n and together ,nirh such uiter~•st shai~ be secured by Ihe I~e~ of this rnortgage. To permit, comn~it or suffer no waate, impairment or deter~oration of said property or any parl ther~of. 5. To pay all and sing~lar the costs, charges and expenses, including a reasonable attorr.:y's fee and costs of abstracts of title, incurred or ~a~d ar any time by wid MORTGAG'_E, because or in the eve~t of the fa~iure on the part of the said h10RiGAGOR to duly, pro»pdy and fully pe~form, d~sc~a~ge. ~xecute, effec~, canplete, co~nply w~rh and ab:de by each and every the stipulat~ons, ag.eemeros, cond~tions, and covenants of sa~d prom~ssory note and ~h~~ ~~orrgage any or e~~her, and sa:d costs, charges and expenses, each a~d every, shall be immediately due ar.d payabie; wh~~~her or not there be nonce d~ mand, attempt to cotled or suit pend~n9; and the full amount of each and every such paymem shail bear interest from ~he date thereof umil paid at ~he ~+re oF o~ne per centum ~xr a~in,,.i~; and aii sa~d costs, chargrs and ex;~enses irxurred or paid, ta3ether ~r~th wth interest, shalt be setu~ed by the lieo of th~~ mortgage. b. That (a) in thr event of any breach of this Nlortgage o~ default on fhs part oi the MORTGAGUR, or ;b) in the event any ot sa'd sums of money herein refe~red to be not pron.ptly and fuily pard w~thin th~rty (30) days next after the same severa!ty beco~ne due and payable, withou~ demand or nonce. cr ~c) in the event each and every the stip~;atlons, agreemeros, cond~fia,s and covenanrs o` sa d pro~n~ssory nore and fh~s mortgage any or either are no~ iu;y, prompdy and fully performed, d:scharged, executed, effeued, completed, compi~ed with and ab~ded 5y, then in e:~her or any such event the sa~d ag- ~regate sum mentwned in said prom~ssory ncre thrn remaining unpa~d, with intere>t accwed, and atl mon~•ys setured hereoy, shatl become d~e and pay- rb:e forthwith, or thereafter, at the opt~on ef said h10RTGAGEE, as fu+~y and comp:e~ely as ii atl of the sa:d su~ns of money were or:g~naily snpu:ated ro be pa:d on wch d~y, anything in sa:d pro~n~ssory note or in this Mortgage to the comrary not.v~thsfand~ng; and iherrupon or thereafter at the opt~on of sald h10RTGAGEE, w~~hout nonce or demand, suet at Iaw or in equity, therefore or thereafier begvn, may be prosecuted as if all moneys secured hereby nsd matured pnor to ~ts inititution. 7. That in the event that at the beginn~ng of ~r at any t~me pending any suit upon this Mortgage, or to foreciose it, or to reform it, or to enforce ~3yment of any claims hereurder, said MORTGAv:E sha~l apply to the Court having ~urisd~ct;on thereot fo~ the appo~nt~nent of a Receiver, such Court shail rcrrhwith appo~nt a rece~ver o! said mortgaged properly all and s~ngular, indud:ng a!I and si~~guiar tt~e ir.come, p~of~is, usucs and revenues from whatever s:urte da~ired, each and every o! wh.ch, it be~ng eapress:y unde~stood, is hereby mortgaged as it speoficai~y set iorth and destribed in the granhng a~d h3bendum ctauses hereof, end svch Receiver shall have all the broad and effev~ve funu~ons and powers ~n anyw~se emrusted by a Cou.t to a Receiver, and s_ch appo+ntme+~~ shalt be made by wch Ccu~t as an ad~nitted equ~ty and a matter of absotute r~ght to said h1pRTGAGEE, and without re;erence to the a.iequacy or in:deq~acy of the vaiue o4 the property mortgaged or to the so~vrncy or inso~venCy of sa~d M.OR:GAGOR or the defendants, and that such rr•~ts, proiils, income, issues and revenues shall be applied by wch Receiver accord~ng to the Iien or equ~t~ of sa:d ~dORiGAGEE and the practice of such Court. 8. To du~y, prompt:y and fully perfo~m, discharge, execute, effect, comp~ete, co~nply w~th and abide by each and every the stipu!ations, agreements, conditions and covenants ~n said prom~ssory note and this mortgage set forth. 9. That in the event the ownersh:p of the mortgaged prem~ses, or any part tncreof, 6ecomes vested in a person cther than the MORTGAGOR, the '.'ORTGAGEE, its su:cessors ard ass~gns, may, without not~te to the !:'tORiGAOR, deaf with sc:th suc[essor or suctessor irt interest with reference to thia ~r~•~gage and fhe deut hereby secu~ed in the same manner as wish 1.lortgagor w~thout in any way vinating or d~scha~g~ng the /dortgogors' liability her~ u~ drr or upu+ the debt here~y sec~r~d. No sa e of ~he Frem~ses hereby mo~tgaged and no forbearance on the part M the IJVORTGAGEE or its successors er ass~gns and no ex~enzion of ~he t~me ior the payment of the debr h~reby secured g~ven by the MORTGAGEE or ;u svccesson or ass:gns, a1ia11 operate r~ re+ease, d~scharge, mod~Fy cfiange or affect the o: ~g~nai Iiab;I~ty of the N.ORTGAGOR herein, either in whole or in part. 10. It is speuiicaily agreed that time is of the essence of this contrau and that no waiver of a~y ob~:ga~~on hereunder or ot the obligation se- c~red hereby shali at any time thereafter be n~id to be a wa~.er of the terms he~eof or of the instrument setured he~by. I1. In add.t:o~ to the ;orego ~~3 n onth(y payn~;nrs of pnnc pal and intecesr req~~red by the prom:sscry no!e s,cured hereby, m,adgagp~, eovenants d agrees to pay to nwrtgagee v~nh each mo:~th y pr~r ,e~~t an add:~ional sum ~st..~.ated bt mortyagee to be eyuai to 1 12 of the`atMti~ll,to6ipflt~ier' ipHow- ` • t. . , , . - ~~i , ..Y `-tr~• ' ~ • F A-All reai properry ta,ces !e•~~ed or d5595S:~7 ~g:r,st th~ aeo+e dcscr~'r.ed r,al es!ate. ,•~-st%~ ! B- Pren:~u:ns on f~re and r.~~idsto~m ~r.wra~~ce as he~e~n regu~red to be ca~rl~ d en the ~mproveme~ts s;tuate on the aboye~~ic?5be~~i~. i- . . ~ j C-P~emfu:ns on svch mortgsge guar; ~ry ~r.sura~.ce as mo•tgagee sha~i frc^~ fr,~e to ticne dz•r^i fit to carry on the toan ~e~ured~,~re~~: - A'to.tgagee shaEl frcm t:me to nme ncNf~ mo.iga9or ~n writ~ng of the amount d~e and payah~e hereundrr a«d wch _sv~? iha~theieupon be due and. ~ ~yable on the d:;e da!~ of th= n~xt ~,:onth.~ pay~r.ent and each wccessive m.onth tnereaft_r ur.til me~tgagee sha!I notify aig%~~gOr o~a ch3nge`in ~ucl? ;unt. Such su~r.s sFa,i 4?e apF~'~ed Ly n:orrgag-rr tovfard the payment of reat p~ope~ty taxes, inwra~ue prem:ums, and iq6r~aee g~aranty lnsus~nc~ i :~•e~niums. ~ ` ~ 1,~ • IN \'JITNESS ::HEREOF, rhe sa~d MORTGAGOR has he~eunto set his hard and seal the day and year first aforesaid. cJ~ v V v ' 5~ ned, Seaied a~d de~" e ~ the presence of: fILEO wM~ RECORDEO H R IS CONS?R TI • C.`ORP'ORA'rIQN ~ ST. LUCIE COUNTY FIA. • q i - ROCER FOITRAS , ~ - CIERK CIRCUIT COURT BY' « P.ECORC v~R!FIED.__ a erie . a r1s,_ice- res~~ient ` ~ • , ~ - - . Y~1~'~ ~ ~0 ~fl L.. ! ~ ' (Seal) ranklin . arris, cretary i ~ 2~5fi29 ~~w~` ; ~TATE OF FLORIDA ~ COUNTY OF ST. IUCIE ~ I HEREBY CERTIFY, That on this __~~"-___day of___.___--_~l~.II~ry , A.D. 19_~, ~ before me personally appeared __Valerie V_ Harris and Franklin A._Harris ; re5pectively Vice President and Secretary of ~ s . . • 3 _ Harris ~'on~tr~t~on Gornora~l.~_ a__-_El~_l_da__ Corporation, to me .s _ known to be the persons described in and who executed the foregoing instrument, and severaily acknowledged the exe- cution thereof to be their free act and deed as such officers for the uses and pursoses therein mentioned; and that they affixed thereto the official sea! of said corporation, and the said instrument is the act and deed of said corporation. - ~ f.. - WITNESS my hand and officiat seal at Fort Pierce •"'~~~~~~"'h said county an tate. _ . ~r This instrument prepared by _ " _ • ~ ~ _ ttim. E. Braun ~ r Notary Pu61ic, in d for Sta e and County aforesaid. First Federal Savings and Loait .Asso~. ~ My_~4mmission pires: G~ ~ 97 J f; Fort Pierce, Florida ~ ; ~ . - . ~ ~ • . . r~ . = i _ Checked By 3~- _ - , _ $DCM xrV~7 ~Y . ' I / ~~"''~i . - -3 . ~