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Home My WebLink About1681 To plac~ and con~invoualy kc~p on tM bui!din~~ now a Mrea(~tr sitwt~ on s~id I~nd ~nd on all equipmenl ~nd p~rwnally cov~red by this mort¢ ~p~, w~~h ~II premivm~ thereon pa~d in full, (ir~ insur~nct in 1M usu~l s~andard policy fwm, in • sum app~ortd by tM MORTGAGEE, and windstwm insvranct in tM usv~) irandard pol~cy form. in a sum ~pprortd by tM MORTGAGEE, in wcA tompa~y w compan~e~ +s th~ MORTGAGEE may d~ndj and ~II i'u~ and w~ndi~o~m insurann po1Ki~~ on any of iaid buildmyi, any In~er~st tMr~in w pan therwf, in tFw aygrey+t~ ium a(aeuid or in tacas lhereoi, thell contain th~ usual itandard mortqap~e claus~ w su:h o~FKr clauw u tM Mortq~qe~ maY requ~r~, ma?inp tM los~ vnde~ sa~d po14 cisi, e~ch ard evay, payabl~ to said MORiGAGEE ~s it~ inte~eit may appear, a~ e~cF~ and ~vay avch policy shall b~ promptly as~ 9ned +~+d de~ive~ed to any held by said MORTGAGEE as funha security to said mort9afle deb1, and, no~ Itss tMn ten (10) d~ys in sdvanc~ of the expiration oi each policy, to da liva~ to aid MORTGAGEE s r~newal therw(, toptthK with a reteipt fw the premium of ~uth re~swal; ar?d 1F~er~ ~hall bs ~o fi~~ or windstorm insurante plaud on any of said build~ryi, any intant tMrein or part IMreof, unlsu in tM form ~nd wi~h tM loss p+yabl~ as sfa~saids and in tiw evenl +ny ~un+ ; of money becwnes payable unda such policy w policies said MORTGACiEE :hall have tM option to roce~ve and ~pply the s~me on account oi the indebted- ~ ness secured hsreby w to permN said MORTGAGORS to receive and us~ it a any pa~f thereof 1w othei purposes, w~~hout thsreb~ wai~ing or u~~pai~- ing any pu~ry, lien w riqht under u by virtue of ~his mortga9e; ~nd io ~he ~ve~t sa~d MORTGAGORS shall fa any reason f~il ro keep ~he ssid prem~ses so ; insured, ot f~i) ro deliver pra++ptly any of isid policies of insu?a~ce to uid MORTGAGEE, or fail promptly to pay fully ~ny premium the~efw o? ~n +~Y respect fait b ps~form, diuharge, executs, ef(ed, complets, compty with and abide by this cove~anl, a any part hereof, said MORTGAGEE may pl~ce ~nd pay fw tuch iruurance w sny part thereof without w+iving or ~ffecting any option, li~n, puity, w rgM unde~ or by virtw of this Matga9e, snd the full amount of each ud every such payment ~hall be immcdiately dut sr+d payable and sha~l besr interest f~om ths date thereof u~til paid at the rate ol nine per centum pe~ annum and together with iuth intere~t shall be secured by the lien of lhis mort9age. To permit, commit w suffer no waste, impairment a deteraratiw? of said property ot any p~rt ihercof. S. To pay all and singulsr ths costs, charges end expenses, includirg a reasonsble attorney i fee and costs of abstracts of title, inc~rred w paid a~ . any time by uid MORTGAGEE, betavse a in the event of the failure on the part of the taid MORTGAGOR to duly, promptly and fully pertorm, d~scharge. execute, etfecf, comptete, comply w~th and abide by each and every the stipulations, agreeme~ts, conditiorn, and covenants oi said promisswy note and this mortgspe any w e~ther, and sa~d cosb, charges and expenses, each and every, shall be immediately d~e and payable; whethe~ o~ not there be notke de~ mand, attempt to collect q suit pe~ding; a~d the full amount of eath a~d every s~ch payment shall bear interest from the date thereof until paid +t the rate of ni~e per centum per annum; and all said costs, charges and expenses incurred or paid, toge~her w~th such interest, thall be secured by the lie~ of thi~ mortyage. 6. Thst (a) in the evenf of any Meach of this Mortgage or default on 1M part of the MORTGAGOR, or (b) in the event any of ssid s~ms of mo~ey herein refe?red to be not promptly and fully paid within thirty (30) days next after the same severally become due and payabk, without demand w notice, or in the event each and every the stipulations, agreements, conditions and covenants of sa~d promiswry note and th~s mortgage any w either are no1 ~uly, promptly and fuIly performed, d~xharged, executed, effected, completed, compl~ed with a~d abided by, then in either or a~y such event the said ag gregate sum mentbned in said promissory note then remaining unpaid, wifh interest acuued, and alt moneys x~cured hereby, shall become due and pay- able fwthwith, or thereafter, at the option of said MORTGAGEE, as fvlly and completely as if all of the said wms of mooey were aiginelly st~pvlated to be paid on such day, anything in said promissory note or in this Mortgage to the contrary notwithstanding; and thereupw+ w therea(ter at the option of sa~d MORTGAGEE, witMut notice or demand, suit at law or in equity, therefore w thereafter begun, may be p?osecuted as if all mw~eys secured hereby nsd maW?ed pr~W to its institution. ~ - 7. That in the event that at the beginning of or at any time pending any suit upon this Mwtgage,, w to foreclose if, or to re~orm it, or to enforce payment of any claims he.eunder, said MORTGAGEE shall apply to the Court having jurisd~ction fhe~of fo~ the appo~ntm~nt of a Receiver, :uch Cou?t shall F~rrhwith appoint a receiver of said mortgaged property all and singular, inctud~ng all and singular tFu income, profits, iuues and revenues from whatever so~rce derived, each a~d every of which, it being expressly understood, is hereby mortgaged as if ~pecifically set forth and dettribed in the granting and habendum clauses hereof, and such Receiver shall have aIl the broad and effeciive funct~o~u a~1d powers in anywise entrusted by a Court to a Receiver, and s~ch appoimment shall be made by such Cou~t as an admitted equity and a matte~ of absolute rigM to said MORTGAGEE, snd without reference to the adequacy w inadequacy of the value of the property mortgaged or to the solvewcy or insolverxy of said MORTGAGOR w the defendants, and ~hat such renrs, profits, income, issues and revenues shall be applied by such Receiver according to the lien or equity of sa~d MORTGAGEE and the practice of such Coutt. ~ 8. To duly, p?omptly and fully perform, discharge, execute, effect, complete, comply with snd abide by each and every the stipulations, agreement~, conditions and covenants in said promissory note and this mortgage set forth. 9. That in the event the ownership of the morigaged premises, or any part fhereof, becomes vested in a pe?wn other than the MORTGAGOR, the h10RTGAGEE, its succeuors and augns, may, without notice to the MORTGAOR, deal with such sutceua or successor in interest with reference to this mortgage and the debt hereby secured in the same ma~ner as with Mortgagw without in any way vitiating or dixha~ging the Mortgagors' liability here- vnder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance oo the part of the IAORTGAGEE w its successors or assigns and no e:tension ot the time for the payment of the debt hereby secured given by the MORTGAGEE or its successws or auig~s, shall operate to release, dixharge, rnodify change or affect the wiglnal liability of the MORTGAGOR herein, either in whole or in part. - + 10. It is specifically agreed that time is oi the essence of this contrad and that no waiver of any obligat~on hereunder or of the oblgation se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof w of the instrument setu?ed herby. I 1. In add~tio~ to the fwego:ng moMhly payments of princ"pal a~d inte~est required by the promissoty note secured hereby, mortfls~or coveriar}tjs ~ and agrees to pay to mo:tgagee with each momhly payrnent an addirional sum estimated by mo?tgagee to be equal l0 1/12 of the annual tVtt of fhe•fbilp+q-~,;~ ng. ~~~.e . ~ i : ~ _ A-All real property taxes levied or assessed against thc above described real estate_ ~ i 6-Fremiums on fire and windstorm insurar.ce as herein requ~red to be carried on the improvemeats situate on the above de~tr~ pre~Esp~.,:~ C-Premiums on wch rr.wtgage guaranty insurar~ce as mortgagee shail from Nme to time deem fit to carry oo the baq secvr~~here6lC~ { t' ~G Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shaJl efber0u~ l~e~e~ ar~l1 - . I~ Fayable on the due date of the next monthty payment and each successive month thereafter ~rtil mortgagee shall notify mortga99r~,~:a;tObaf~g~'in aqtl?' d;` a~~ount. Such sums shali be applied by mortgagee toward the payment of real property taxes, insurance prem,vms, a~~d mortye~,~ ~~?fy ir~~~G- ~ premiums. f IN Y1ITNESS WHEREOf, the said MORTGAGOR has hereunto set his hand and s al the day fir f i ` y ' ~ Signed, Sealed and delivered in the presence of: . M AEC4R~E~ ~ ~ ~ O Co~~~1~ ' [ fILED h fl ~ ~ ~ St. LUCiE ~~JM[Y fU. ' 8 3 eII a~~ y~ ~~~TRAS ' ~ GLEN . ~~`='~~tt COUR1 ~ +4 ~ qs.^.^.c•', iF:tt -'.CQ...~...~}}.e3t.: Seaq • 3 ~ CT@ 82'~ ~Sesq ~ 3 ~ : AI!'?3 . - . 2510'78 ' STATE OF FLORIDA COUNTY OF ST. LUCIE 1 HEREBY CERTIFY, That on this day of___ ~'~h A.D. 19_~, . before me personally appeared Haze~J. HaTi'is and r'~'~lil1 A. H81'r'fs respectively President and Secretary , of _ HARRSS CONSTRUCTION CORPORATION a Flo1 ida _ Corporation, to me f known to be the persons described in and who executed the foregoing instrument, and severally acknowledged the exe- , cution thereof to be their free act and deed as such officers for the uses and pu~ses therein mentioned; and that they f ~ affixed thereto the official seal of said corporation, and the said instrument is the act and deed of said corporation. WITNESS my hand and official seal at Fort Pierce , said county and state. ; ~ This instrument prepared by - i ~ trhn. E. Braun ~ • ~ ~'irst Federal Savings 3Ud IAat1 Notary Public; in a for St e and County aforesaid. ~ ' : My Commission Expires: ~ G~ y»~ ~ssociation of Fort Pierce, Florida ~ ~ . - ~ - . . ~ ~ ~ . . t ~ Checked By ; ~ ~ ~ R ~2 ~~s8~ BOOK , ~s - - - - a .:.~o~--~~ - ; ~ ~ ~ F- ~ ~ -