HomeMy WebLinkAbout0413 3. To p~ate and co~tinuo..:~y kcep on tLe 1.~~`c1~ .9s ~~c+ir or he~rafte~ f~twfe on s~~:i iard a~:d on a!I tqu~pnwm and penunaily tovrred by this mwtg- M
nae, w:ih sll premi~m~ tiic~eon p~,d .n fuil, f~re u~s~,ia~~c•: ~n ti~a ~s~~i i:a~~e~d ~:o:c~ fo~:», in ~ w~» app~c~tJ a~ thC MOk,'v~~viE. a~~d windi~o~m
nsurance ~n fhe usual s+a~~J~~d Hol.cy fonn, in a•.um ep{,rovrd by tl~e h10FtGAGEE, in tuch tompany or to+iq~an+es aa the /10RIGAGEE may
,i.recr, and all fire an~ w~n~tuonn in~urance po':~c~.s on a,iy oi si~d tw~~d•~~ys, any ~nterest thete~~ or part thrrcuf, in Ihe agyregate t.rm afo~esaid or rs
~n cxtess th.~reof, sha? :unr~in it:e uwi: ~+.~~~d~~d mo•ty ~grr t'ause or such othei cauu as the htortga~re may reyu.re, mak~ng ~1,e ~css unJer sa~d poli-
<~s. each and rveiy. pai>bir so sa~J t.~Jk?uAGEE a~ ~ts u:t..r~st msr aNpear, and ~•acl~ and every wcA p::'rc! si~~tl be {,ron',Nt;y .~ss g•~rd a~~d da:~+ered to
e,,; h._Id by sa.d h10Ri~::'1GEE as i,.rtha. s:curiey ~o ~e~d n.o:tg~3e d..i~r. a„d. not tass ~han ten days in aJ+o~~cr c1 the vxpi:a+;vn of each po;~cY. to da-
.rr ro seid A10RiGAGEE a re:~ewal thr~real, toyeiher w~lh a recr•pt foi Ihr p~e«~~~~n of such reneNa!; ar~d ti~rre Sf:a!t ::e ~o o~ w~~~ds~orm i~surance
p'nced on any uf said bv~ldnx~s, any interes~ there~n or par~ th.•rcot, u+~'~~s ~n fra !or~n and w~eh Ihe !oes FayanEe ~s alurcaaid, snd in the e~eM a~y sum i
oi money beco~ne~ payal~'e ~~ndrr s~ch po!~cy or aol+uci s..~d MORIGAGEf shaH have ~he opt~on ~o rete~+r ~n3 oppty tho wme on atcounl of the ind~otrd-
n..sa sec~rrd hercb~ or t:, per~uA se,d I.KiR1C~AGORS Io rr:ri.e d~•d use ~t o~ .~.~~'r f-"rt ti.:•:r~i k:r C••.~,.r ~,,:~..:s~•S. wnh~ut t!.:•~~.~ :i~ r„pa~r.
. .4...~ ti~. a~Ll n.nm~a:.~ an
r~ .~ny eqvity lien ef riyhf ur.der or by v~rtur ot ln~i n:Or'gagr, dnd ~n tne eve~~~ s, u 7n::~:v:.: Cn~ s,...,. ,,..y ,
~,s ~~~•d, or fail ~o def,.or F:ro~nptly any ol v~d poi~cics cF imw3~,ce to sa;d MURi,,AG: or iai? ~~:av:ptty to pay~fu!ly any p~e~n~um t}:erefor o~ in anY
a, ~~;t tail to pcrfo+m, 3:s.!~o~~e, e,.e.~!e, eFfect, com~~~e'e, ~o.:.~~ty v::'h and aF~~de by th's covvna~f, or sny p+tt h2rrof, said h10Ri:~AGEE may piace a~d
. for such ins~r.~r.ce or any pa~t tf:e~~~of v.uhou~ .vaiv~ng or afiecting any opt~cn, Gen, eqwly. Gi ng1:! urt~er a b~ virtue oi ~h~s Merlgoyr, and the .
• a~novnt of each a~.d e.e•y wch pa~~r~nt sh~l: br un+ned~strly d.:e ar.d Fa?a'.,'.e a~~d s'~ai~ b~ar ir.teresl iro:r eha date tF.ereor urt3 pmd at the rate o1
.~~er cent.~m pe• an~i.;;:. s~•.J te ~..tl.. ~..~:h s~~:i. rl• •V~.~., >~.~r.~d hy tn^ i:er, of th~~y mor29a4a•
i
3. To pe~~~it, co~nmit or suffer ~•o waste, ~~~pa:n.~enr or d<<~r;oreucn of said N•oy city or an~• part thereo(.
s
5. To pay a!~ and si~'•gu~ar the coits, cha~ges a~~d expe~n~•s, ~~~dud;ng a r.~;so~~abie atrorney's fee and ces~s of abstrads ot tit!e, inturred o~ paid at ~
~..,•.c by ae~d h'.vC!~•A~~` F. ~CCJI:SP 01 6~ thc ev~nt ot :i~_ fr.wre on Ii~e part ut tne s~~d MJKtGaGUk to duiy, pre•:~ptiy ancl `v,~y prr!or,n, d~s:hsr~e. ~
. c,re, ttfeU, cemp:~~te, cc »~.1r +~~th a~~d d~ Ja by ea_h a~:d eyery the snp~ia~•ons, agr.-~•~~rnts, condd~ons, and covenanes of s~~d Fro~n~ssory note a~~d eh~s 3
raage any o~ e~the•, .q:.ci s3 d ccsts. chargcs r.~•:i ~ xEens~s. ra=1: and cwery, sh:~~l ,~e ~n~~r.•,ct~atcdy due and payable, whethe+ w~~ot ~here be nohce da ~
~ f ytte~+~pt to co::ect vr sud ~+r~~o.~'9; ~~~d t}:e ~u~~t d~1tJUlN cf each a:~d e~e•y sv~.h pa7~nrn1 ihvll brar inreres~ from Ihe datg thwcrf uNil paid it th!
.,:,;e u~r , ; . i. . _ . .:1 ~.~s ~ : ~~s ~•,ci s~ s ,r.c~r. r~•J or ~,.:~.i. toyether vrah such ~nterest, ahati be se:vred by the I~en of th~s
- tyage.
d. Tfiat (a) in !he r1eM of any b~ea=h of tnis h!c:tgage os d~fa..~•r on tb^ psrt cr the• tLORTGAGOR, or •.bl in the event any of sad sums of money
~ rc~~~ ~eferrrd so be not pro~~~F,tiy a~~d ~~.~y ~:a~il :.~+1. : th.~ty i3~~ days ne,ci a•r•~: t:~e sa•ne sr+era!ry becvmr dve and payable, without demand or not~ce,
• r; in +hr evem rech er.d e~~:+y ~:~c st:cu.a~..:n:, aurr.~~nr~:ts condr.fo•~s anci cose:iants o' sa d pra-nisswy note and th:s mortga~e any or eilher a~e nal
..:~•On~prty a,id ru•ly .:rrf~r~neJ ct ~ ~~r~. j ~;c..n,d, rFt c~c:i. co:~:,~e.+~~d ..:,._a ~~ts~ ~,:,d ac~dad yv. ~neo in e.ther o~ any such evem the sa;d ag-
. r s~~n ~nant.o. e~l s,rd F~ren 5io~~ r _ t~rn re •.~.m~ig ~ny a!d .ri!ti ~ r,t a c ~nd ~~l mo~rrs Secu~ed h^reby, sheii be<ume due and pay
•.~~.•thw~th or thereafter. a: fha cc'~~~ rr s.,3 ,~~::a?GaGcE. as tw.y ~~,d c.,.~~:~e~c,~ ,s ii a:t of !ne sa,d s~~~+s of ~wonty were o•eginally ihp~iatrd
.•~~:i Jn SvC!~ ~..:J, ur,~fh r~ ~n s ~ F~~. ssery ~,ofe o: in in:, D.!o~t~a~~~ tu tne co~v,a,y no!:.~ihsfa:;d~:,g; anJ there~~pon o~ tneroai~er at the op~ion of
'"ORiGAG_E, •r.~:•'r c:, e r•<,~:cc• c• a' ;r.w or +n eq~d~. the~~ic,•e or I~ierc.,ite: ~v~~, n:ay ue prosrtvied as if dll moneyi sec~red hzrebq
~turrd }.r~or to :rg ~ ~st:~~_• or..
7. The! ~n er,r e~.,,.t ~t t~c !.,y.rn ::3 o, at a~,y •~..e pe~tair~~ any w:! upun tf:is Nertga9e. or to forecicse it. or to reiorm it. oi to enforce
• oi an~ r,~ =.s _ ci .....R'.;=-.:•.'- .,i ~o the C.:~crt ha~~;.g i~::sci ;~:on ~hrreor tor thr appe~~t~nent of a Rece~ver. such Ce~rt shall
•n a~ c:~. ~t .~.,,.rr s. .i . _ , . ~ ir:tu~.ng .a.! :j•:d s~ny~~lar ~he irco•~,e. prot~ts. issues and revenues from v,hatever
e.~i; d,. 3.: ;,i 4 r- , ccd. is her~-i,i n:rr+gag_d as ~i srec~f~calty set iorth and desuibed in the grant~ng and _
v-r
!.,m c:ausrs her,oF. ~.~•s_ch Re«.._- s~ ~..~h • s:~ th.: :_ad h eticc'~.e fc c~ ~•;s and ~:cwers in a~ywlse er.trusted by a Cou~t to a Receiver, ar.t~
;:,;n~me•~t n!~ ~ -•de by such C".:-• az sr. „d •~~e~.~d . q.:~c ~.~~:a a^ a".•' c1 ~`~s-: ~~re nyht to sa~d K.OR7t'iAGEE, and wi~hoLt refere~xe to the
or inadeq,.acy.of ~~a:~e ot rhr ,,•cc.~•:rv ,r;o~ra.,yrd o~ t~ r.._ se.._~::_; ...,...,^c; ef sa~d MORiGAGOR or thr defenda"rs. and thal sueh
~ ;:ro~ns, ~nco~r~, ~rurs a~d r~~~-_n;es sh~:l ee .EH:~ed oy su.h Rec_~.cr a~-.:rci.,~:; t;. Ne lien or equity ot sa~d k~0~2TG11CifE and the prad~ce of such
8. To .i~'~. F:~c~, : r:y xad fully :=er'orn.. d~-harga~ r+ce:.:tr, ef~.-ct, cor*~;i:.te c.: .~'r w~~h and sb~de by each and every the stipu:arions. agreemeMS. .
7ni ar0 c:.ti••:,a~`ts ,n SauJ *.rOr.~isto'y no•~' o..'~ lirs r..crt~Jq? Y^ i.rln.
9. ;r.~ ~h_ c. ~~t c::^r-_` • of the rrc~t~~~ed prc~n;s~s. o• anv pa~t me:~~cf r.etomes vested in a pr•son othet than the MORTGAGOR, ihe
~c;Ec.',~s _._•s . ,+<._z, ; ..'.a:. +.e:ho:.• r,~...e r~ r!::. ~,.;,r?~;:.J1. d•_e~ +.,•t, s~,ch s~cce+sor or ~uccessor in :n!e-~st •.~:rh referente to this
a ~ ~ : ~ _ t i sa :e ~•:ra vr ~!?.~~tyagor ~t~ _u: ..~.y .vay v~t.ating or d~schargir~~ the :io-+gagors' tiab~Gty he~e~
.,r . o' . F~~ s:s h_~..b; •nc•~ 3>g~d o• d no forhrarance on ihe part of sbe !.1O4iC;:,GfE ar in successor~
~ ' ~
s a: d ,•.n:. . -'.r t:, icir h s~ c~•• c::: _n br tne ~hORTGAGEE or its s~ccesso~s oa ass~gns, a~~atl operate
, ~ r. )
ne. d.sch,,. ~e. ed~fy char.3._ er ,~>Fect th~ o~~ ~ f; ot R i ".Ok her¢~n, e~:her m who!e or in part.
1p. It is s_ c_ ~ica~ y~c•ecd tha! nms ie cf tl~e essc•~~ce of ti :s co ~tract and that no waiver of ar.y obligat~on herevnder or of Ihe obligalion se-
.~_d hzreby sha!~ a+ any s,~~e inerea+~er be nc'd to a wa~v~•- of t'.c 'er~~s i~erc~i or o( ~he ir•ssrumem secured herby.
I l in ,:i-~ r. ~ne ;or~.~^ .g =,..~n•n y F,ay-~ ;•.•s ot F:~~ .c p• and ~^*er: s~ ~~,;~~:.~3 Ly ~he p~onrssery nc~e sccured fi_:r.by, mcrtgagor covenants
:~s to i ~-c _.,~t; , c_ . _ td 5~~'•1 -:(I mo-tg.yre to h,e eg~a! to 12 of a•,,n:at tost of the foifow-
A-r:~ rc~: p~cs:~..~t, t~,~s ~.~_C ar ass~•ss_J _ . ~.e .i~~.-. , ci ..~ai F:•atr.
~ F-Frr. e~ ~~•A end x ~c~t~•.,; .ry:,•;~-., •s i~e.•~n.r. -y,:red tu c~.•-~°d c, !h~, ;,.roveme~is s'rtuate on th~ at~ova d°strrbed premiuy.
F ~r: .,s ~r ~~:•a- sF=~f ~ r,, ' mF ro t.r°.e deern fit to carry on the ban sewred hereby.
~ t P r ~~3 c ~ ti r _ s e:,i 3 .
a 5 _ ~ r.. u' n~ o_~~t u..c• and payable hereundx a~~d wch s~m sna!I th~reuForf~b~+'Hbbr~d `
~ n : ~ , . ~ , _c i , , „d _ t ~c, ~ ~ . af,,,, u~n1~ mortgagee sha!I not,fy r.u~•ayao~r of a ehap~e~n~tk,,
~ 5~~~ s; ~ s te ay; _ , y,~ ro..:~ j ti.~ ~e~nc~. of F„c~:e•Ty ta:es, insurence pre:n.~ms. and mu/fgnge ~u~V~nty..ir?s4~at~
t .
~ l 5 . . . ' . . . . . ~~x ~ ' `f • ' - ~ • ` ~ 'i
;~t ::;ir~E 5.':NE~=GF sa ~"..'~n T ,:',R has ner~~~~~to se: ~~s h.,: d a::d s••ot ihe day and ear first aforesaid. S~.
~ ned. Sea'e .~:y ~n the prfsF~cc of- ~~~.?RDED 1~~~~ a[ riT_M~~t_p'~~~• a~. _
~ 9 _ _ ft:~~ E~_ - ' . ~
- ST. LUC : : .~UM , Y EU• : - " ..?4 " ` ' i
, , -aAS ~ r~ -
~ p Geor eodor l~res n~ ~
~ " - _ - -~rfLt~~ CJURT ~ AttBSt• . e_..r~~ , ~a ,
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~ - - 3 P~'75 ' ' ~ ~ ~~±4.
~ 3 ~
~ 2~845
~ STATE OF FIORIDA - ~ COUNTY OF ST. LUGE
, A.D. 19_~,
~ i HEREBY CERTIFY, That on this~.~ day of______ ~'~r -
~
~ b~~ore me personally appeared _ ~~o?'$e_ Theodoron and p~~'~ P' ~'"~tt
~ respectively President and Secretary of
~ '
~ -T'??z'C~J~~GL? & *JII~^rtETT,-P.A_------, a------"lorida Corporation, to'me
~ known to be the persons described in and who executed the foregoing instrument, and severa{ly ack~zowledged t~he exe-
-
cution thereof to be their free act and cieed as such officers for the uses and p~oses therein men fi ~c~r~fy~s:and:~ha~: they
`
f ~
~ af{ixed thereto the official seal of said corporation, and the said instrument is the act and de~aoE-sdidcaorp6t~tlon. ;
z"~t , 1-_ ~ ~ O /
VJITNESS my hand and official seal at Fort Pierce - , said and s ~ • K: ~
' , "I~ - . _ o . i
~f~ "'his instrument prepare~ by ..s O ~ ~
.s~_
~ . Braun
~ otary Public, in and for te and Co~?nty 3foFeyaidc~4
' irst ~deral cavin~s and ~ar. My Commission Expires:
.~-sociation of ~'ort Pierce, ~Zorida ~uC S~AtE'~F ~1o~10A ~t IAp~!
Ml' COa1MISSl~Jf E7(PIRES MOYEMBER 12. 1911
~ Fnyrsp tµRU 6fAlEtUU ~Nb~o~r~c ~~rM~,a...
~ n~~i~~
" ~ ^
Checked By _ -
~5 C~ ~
. 0' :.t3c7 1'.e'.:: ~
~ - -
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_ . ~ . ~