HomeMy WebLinkAbout2946 3. io place and conr~nuousi~ I,e~~p on the L~~:d~+.~s nc.v or h?rcatte~ ~rt~et~ en a,::i and and on a:. _q,iixnenl ocd personally co~.~red by this morlg-
ya, w;th ~U prrnuu~,~s ~hrrewi p., d ~n fuii, f~r~ i~+s„~o^c<~ ~n tiee us..ai s<<>r,aoru ~-o :c/ ~erm. in a s.,m aFp~uvrd by thc htUk1:,:+GEE. and w~ndstorm
; N+surante in tha usua~ s~a~,de~d po~.cy forui, in a:w~ jypiorrd by tha h1uQTGAGEE. m such to+npany o~ com~~in~es as thr ldORTvAGEE may
~ t~~~fC~~ and dll {~t~ di~~ J~.n(~stP~~n in~~v~n~e j,O1~G~c3 On unY O~ 1•~•l~ EX.~~U.i~r~5, arly iMeirif iher~in Jf pa~t 1hc~eU~, In 1~~! aygr~geto S~~T dtO~fSdi(~ 01
~ i~ eice~t ~hareaf, ~hall w.n;in rhe ~•su.:i s~.,cdard rno~+, ee a~~se or t~ch ahe~ c~.,~,sr as tl+e A1on j; ~e n~a ie: ~~re, maA~~ the ~oss ~nJe~ sa~d
J 9 9• 4' Y i ~9 poli-
~ t es, each and every, pa.,.~'e ro s~~d .'.t~~RTi.,AG'_E c,s ~ts u~tcr.st ~•~ay a+>pcar, s~o ~•::ch .,••d eY.~ry s~ch po ic~ s~+ell br {:rort~pt:y ass g•~rd a~~d drf~v..~red to
~ •ny held by said AIt~A'GAGFE es funhcr secur~ty to s.~~d n:or~~~ye J~-b~ and. n.t :rss ~L•an ten ;:0; days in ad.a~~ce oi ~he eapiration ot eecn po:,cy. to da- .
, Lvrr fo sa;d AtOR~i;.\GEE a re~~exal d~errof, toyeihrr w~th a rece~pt io. ~h•_ prc:~~~.,,n of svch ie~~rr.a!; a-~d ihrre sh311 be no fue or windstorm insurence
p~~ted on any of said buiid~nga, any inrerzst tiiere~n or par? ti~~reo~, ~.~~ea~ ~n the icr~n ~nd K~th the ~oss payanle as aforesaid; end in thc e~~nt any sum
o! monty becomef pe/~b~e undar soch pol~cy o~ p~i,ucs s~~:i fJ:Oki~,AGfE ~hall have iha opt.on to rece~ve ~~id apFly the same on accou~~t of the indebtrd-
, nrs~ sec~rcd h~~reuy a w permlt aa~d 1.1URiGAGURS to r.~crive and use it or a~~~ ;.•~t ti..: .•of IOr . F,~: .:Y.'S, v:.in~.uT ~h:~.:., ~3 c~ n„p..~.-
~ ing any eq~;ty, tsrn or right under or by v~: rue af th:s mcrrgagr; ~ ad in the rvrnr sa d A~Jn'TGAGORS^ahail for any rcaaon fail to kcep ti,e aa~d premises so '
~ inwred, or (sil ro d°~~ve~ promptly any ot s:id {~o~.t,•S oi ~e~~w..~nte ro sa:d MOR':GA:,EE, cr f~i; ~,:o~~~Ntly to pay fully dny pre~n~u~n tha~e!or o~ in a~y
re+peC~ faii t0 pr~~orm, d:scharge. exe.'ute. e('e:l, con~p:ete, c0^,ply ~h••~h end 3!• de b} th~S w~•enant, or any part h~~re0~. .;a~.l MORIvAGEE may piace and
pe; for u.ch insurence or any part ~herrof wnho~~ wa;viny ar affecring any opi:~~, :i~~n, eq,,ay, or ~~;hr undcr or by virrue of ih;s Morryage, and the
i~:l a~noum of cach and e.ery sv:h F••~~,~,ent sn~'I 6c „~,n~ediarely d.,e and paya:Je a~~~i sha~l bra. u~te:~si f~em the ~'atc thcrcof w:W p.,~d at thc rate ol
nn~e pa:? Ce~ir~:n pe• 3'ii:LV: J';:1 l~7::;;.., .vi~h s~.:.h ~~r.:^rsr gha:, 5_tiu::•d hj the :.rn ol th~3 mOtigage.
4. TO permit, com^.~it o? s~ffer no was!e, impe;r:r:crN ur dcr~•rorat~c:~ ci sid ~~rope~ty er any part thrreof.
5. To pay all and sm9~!ar rha custs, charges and rxpensc~s. ~nciud,~~g a~r.,;o :ai,le atr~rney's fee and cos`s of abstrads of title, incurred er paid at
+~y tirr.e 6y ta~d Mt,f.'GAu:E. because o~ ~n ri~~ t+t~~* oi th._ 1a,~~rc on ~nr ~arr of Ihe ca.d M~2T ;AGOR to duly, pro»plly and fu~ly perfo~m, d~xharge.
=:.:;ute, elied, Con~p;e~a, co-~~F:i~ ~n,~.1h ai~d o.>.ue by e~[h an~ e~vrry fhe S~~puiat;ons, .t~~r~~~n~•ntt, Cond~t~ons, dntj COVCnan1S oS Sa~d piomisSOry nole dnd ~h~s
^.ortgage any w e~ther, a:.d s~ d cosr:, cha•ors d.~aF.enses, each an[I CYB.'Y, l~ld~l be ~rr~mod,j~-;y due and payabie; vahether o~ not the~e be notice de
~';a~ d, att~~npt to coGrct or suit per.d.ng; a~~d rhr ful: a,nount of each and every svch payn~rm sholi tx~e. interesl frqm the date thereot until paid at the
° n~ne Nf'! R•ntl.'n ~.W ~r..t~.~~.~; c'l:i nl~ :n.,: Cvi'i, Ua.r.~Pf s'u~ iA..av•S-1 u!C-r+rCfJ O! ~:u.t~. ~Ot~ct~l~! Lv~tfl SVC~1 ItltCf@Sf, shall be secured by the Iian of thA
":ortg~ge.
6. That (a) ~n tha event of any breach of th~s Nortg~ge or dzlau'~ on the pa.1 ot the N.ORTGAGOR, o~ ;b) in /he event eny of sa:d sums of money
F~~rcin ~eferrei3 to be nof prompdy and fuhy ~a~t~ ~v~thm th~:ty i301 d.+ys n.:af a+~rr t~~e same severai~y Gccome due and payable, without demand or notite,
cr in the evre• ~;,~h and evc~y rhe sti~v:at~ons, ayreemente. cor.d~t~o~s end co+enarns of sa.d p~o:nissory note and th~s mortgage any or either are not
p~omptly a~d fully p-:.forr~:~;i, V~~;~ar3 d, ca_•cu!~_d, ej~ected, t~~n{:~et.~d ~c •,~~~~ed wdh and aL~c1~~d ~iy, then irt edher er any svch evero the said ag-
~are s~m mem!oned in sa,d Fro~n~aswy r.~fe ri,~n ~•;~no,n;ng ur.paid, wnh ~r~T~•.r,f ac;~ccd, and ai! moncyi secured t~ereby, shall become due and pay-
- rorrt:w~th, or it~ereorr~r, at the c~ •~o~ c+ d r; JR~GAGE~, as f.,iiy a~» co:np.rrei~ as if ati of ti,e sa~d swns of money were o.~g~naNy shpu:ated
pa:d on wch ci:.~, .,ny~h~,~q ~n ;,.i p~_.., ssory ,,oie or m iius .Lit•re~,~~ re th~ co~~no.y not,v~~hsta~:du.g; and the~eupon or ~hereahe~ at the opt:on oi
s~; !nORiGAGEE, w,tt•ovt nar.ce o~ de:n,,: ~j, s;~~ at :aw ur ~n eq:.~~ty, there~vre or thrr~eiier beyun, may be pruaecuted as if a!1 moneys secured hereby
• ;i ~,~atured pnor to it: inst~rvr,on.
7. TF.at in th~ event ~t,;it ~n tnr E:ry.n~,.•,g f or ot ~n~ t~:ne rend~~.g a~:y sv~t u~ on tlus Nortgage, or to fwe:!ose if, or to re(orm it, or to enforce
,.;nt of any c', rra !.r~~=~~~,+~r. s.,.d JkTV.>vzc . ~ ~o r•« C.~~.~t her~,
; N~y y~~~„~i ct.on tf:erc•o! 1or the appo~ntment of a Recewer, s~ch Court shall
~ • ..;~h a~~~.o.~~t a ~.~;r~.c; .i s, d ~ •~-.r,~:: , , t, n ,;a ;,:;y~: a,, , , „y , S, , j~~ar the income, p~oirts, issues and revenues from whatever
-.i~r~vcJ. ~~;:c~• a~~.i ry ot .i~. ,q , .:r s. i n .~ed as i! spec~rically ~t for~h arx! ~escnbed in the g~annng and
u!vm c:aoses her~ro`, a.•a v~ch kr:c . s1 1;, „ ~„~,y ~„s and powers in anyw~se eNrusted by a Court fo a Reteive~, and
. ; ~ppoi~rn,ent sh.,ii u~~ n:,d,- py s:.,c+: ~s ,,j~•:rr.,.} ~:~_::y ,.y•r.r cf r:s~;~~te ngfil ro said MORIGAGEE, a~d without reference to the
~ _cy er inadequacy of ~he vi:~,e :,f 'h•, ;.~;,~;r; <<v.r,~.:~,;~ ~.r r_ ri„- s~.~. _ •~.c.e~cy of sa~d ?AORiGAGOR w the defenciams, and that such
profrts. +ncome, is:~es and rr~an,;es si:.• : ee a~:.,;~e.i s.:ch Rec~:;:~. .~.:,ru •_i fhc iien or eqwty o1 sa~d IdORTGAGEE and the pra~tice of such
_ ~.,rt.
8. To dv:y, prc•mf t;y a~ fully Ferre r, d sc!.ar ;e, exe: .te, erEE,e, con,,:~: tr-, ~ ~,~y w;rh and abide by each and every the stipulations, agreemeats,
ons ared to+ena:i~s .n s, d~ro^,is~or; .,o!r a::d rh s!P.~t•y33•J Sc:t torth.
9. Tt:at in ?he eve^.r th~ cv:-~rsh•,^, o( t~.~ r,ort;a,c•d E>re~~~s~•s. e~ any ~.art ti~eceo~, Eecomes vested in a person other than the MORTGAGOR, the
~AGEc its svccesse-s ~ro ass~~ns ..<-,y, r.:i,c.,e nc•.ce ro r;,~ ,t;j.,'~.,-~~, d~~..i .~:ih s~ch successor or sccceszor in interest w~rh reterence to 1Fis
+ taye and tne d,ot hereby c.,t„rcd in ti~e sa,.~_ r a..c_r as w+h ~titio;•}: qo• v,,,th:ut ~n an~ way vit.ating or ducharging the lLlorr9agors' liabitity here-
- or up;o~ the d~br he~rel~~ s.::,-~ 3 ~:o ,,:e of ,T••~ E,~••••~~•~s 1•_r.:b, mo~Tq.3.d a~~d no iG.:~@dfdrt~~ O~l the part of the ~AORiGAGEE or its successors
~ > 9~~s a~d r.o exre~s!o~ cf rh~• i._. lr.:. •.>yr. rr t ~4 ;hE deb~ h••~ri secured g~ven b ine htpRTGAGEE or ir g operate
F ' - r v s successors or au~ ns, a~~all
_~s~, d:scharge. rnuc'.~fy cha„ge or e~fec+ L:e _ i~ab.:~ty of 1.:CR?GAGOk i~ere;n, either in whole or in part_
!J. It is s~~~c~i1,a~ y agr,-ed thar f:nr~ is oi +b~ esse~•:e ef t6is car~fratt and tF.at no wai~er of any obGyat~on hereunder or of tfie obligation s~
heie6y shai: ar an~ ti-~e th~rea`•er b> hc:d to be a wei.rr ci the •err-s 1:ercef or of the instrvment secured herby.
t I. In a:i:f , r~ +n, fn,.. .,rs _,S ;,,,..c ,n: ar d irr~,r: sr rrqu ~d hy fhe prom:sso~y nore secured hereb/, morfga~or covenanls
ees to ray ~o ~o-ta ,^c r, r. : c.,~n ~n e..~ _•,al s~•r. _s~ ~~~rd t:; ~rcrtgagee to 6e equal to i,%12 0( the annual cost of the foilow-
A-AL' real proN~rty tax~~s le:~e~ C.' $S^S: aj o,: ,i~ st tn~ ai:~~P des~~~~ _d real esra+F. • z• .
6 - Pr s . _ r J r:; ,ds+., ~ . _ _ _ ~n . ~q•~.•c:i !o E;•. ~ 3•. , J _ . S!~e !n~ :rov=meots s~tuate on the above describ~d'pepiAisas. ~
C P:e s o~ 5'_ch r;~r:g ,ge g„~.i; ,-sv a_e ~s ~~..1a^,ce sh='1 '.ro.-, t•rc ro tune deem fit to carry on the ban ~u~td herebY~ • ' fs.
:'ortg,.~~~ s''•:..,~ n;,.• to t. ~ nc f T- ,~,;Q_. ~ f,,.r r.~ of rh~ :o_-•r a«•• and payable hereunder and such s~~:.+ skall tbereupon be due~ an¢
~ c c,~ th_• ci a=~e e i.: . ex+ .an r~,: _.r and _,,,h succ•~ss~ve ~rr,:h r},::~afr_r u~.Ni mortg~gee shatl noG(y ~r._Ytyagor of a•ehange in sutk~
S~th s,. s e:~i .;e ~pn:~tu oy ^ y o u:.a-d the pa,n:e~t oi reai property taxes, ins~rance prem;ums, and .^.tor~ya4i?.'qyd~enty irtsur~nee~
_ ~~s. . . - ,
1'v ::ii`:~SS `:.H:k:GF. rnc sa:d t:,;;RT~:.GOR t,as h~.reu~,to ser h~s hs~,d and s•_e~ the c'ay and year first aforesaid.,
S~gned, Seated and deGve*zd in the p•esence of: ~ ,DED B~~ ~~I ~ ~~Y1' •~,P!~ATED
~ .7_ - ~:'_E~ , ti`. t~T! FLA. BY2 ~ ' r-?t-.^`ISRe4
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ATTES7 ! v ' ~ ~ • / p-!•
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: - . . : • ''~:`~:~~t`t `t`Fi~nsoa~ ecre~ary
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MIAY 28 1 i 39 AH'7~
STATE OF FIORIDA COUNTY OF ST. LUCIE ~~W,r~
1 NEREBY CERTIFY, That on this ~ 7 day of- 1~y A. D. 19~_
, ,
before me personaily appeared Vernon C. Rhinesoith and G. Hutchinson
respectively President and - Secretary , of
_ Benchsark Co~tr~Ction Caopa~y~ IncoZ~Zated, a Florida Corporation, to me ;
known to be the persons described in and who executed the foregoing instrument and severally acknowledged the exe-
cution thereof to be their free aci and deed as such officers for the uses and purposes thereln• menfioned; and that they
affixed thereto the official seal of said corporation, and the said instrument is the act and deed '~tif said corporation.
VVITNESS my hand and officia) seal at Fort Pierce J~ `L C. . C , said tovnty and state~,,: '
This inatru~ent prepared by r ~ = , ~ : ' f~ ` C' ~
1 ~ -t ~c. c`~- ~ -:i~ .1- ~ ~~ts:_-. e~ -~331-~.
Gary F. EllxOOd Notary Public in and for Stst2 qndtourity•aforesaid.
First Federal Savings and Loan ~ t
Association of Fort Pierce Pla. My Commission Exp~~ry Po6R~.s+an oTsterreo a~
t C-.. -:=;~'r^! ~?-_r( i0, 1977
~ : , Co.
. _ :~y
~ , . ~
Checked By _
_ d00x~9 PAGF~9~
F
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S'...~. °».'s . _ " . - - ,
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