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Home My WebLink About1535 J. To pl~ and continuousty ks~p on tM bvi:dings now ot M~eahN situah on tiaid I~nd and oo all puipmenl and pt~wn~lly covtr~d by thfs mor1Q~ ~ sg~, with ~II pr~miums tMr~on pa~d in lull. fin iniuro~xe i~ ~he wuai tifanduJ pol~cy fam. in • sum approv~d by tM MORiGAGEE. ~nd windstam ~ iniuraoq in th~ viwl uaoda.d polky lam. ie • sum ~pprov~d by ~M 1NORIGAGEE, lo wcl? comp~ey or compani~s a tM MORTGAGEE m+y ;ra d~recy and dl (in and wi~k~wm i~~ra~c~ polKies on anY ot s~id build~ny~. any inre~~~1 the~~in or p~n thNwf, in ~M apqrs9~a wm ato«said a ~ In excets therwf. sMll cont~ie~ ~M vswl tandud m«tgag~ clws~ a avch othK elaus~ ~a th~ Ma~payN may reqvu~. maki~p IM bu u~da sa~d po11~ ( c:~~, each ~nd ~very. paYabte to iaid MORTGAGEE ~s i~• intereie may ~ppsai. and each and evsry tuch poticy shill b~ promptly ~ss.yned a~d deliver~d +o • j eny heW by aid MORTGAGEE as (vrtha iavriry ~o said m«~pag~ daW, and, noi iesa rhan 1~n (id3 days in advanu of tM expirarion of esch policy, to dr `r I~ver to ~~id MORTGAGEE a renewal ~hereof, toperhK with a rece~pt fa tM p~~mium oi :uch ~~n~wd; and tMr~ aMll b~ ~o fir~ or winditwm insur~na ~ plx~d on any of qid buildinys. ~ny ieNKa~ tMr~in w p+rt thereof, unleu In the fwm and wi~h tM loa parabk ~s siw~isidj and in tM ~vent any tum of mor?ty becanN payaW~ vnde~ such polky w policiei ~id MORTGAGEE ahall Mvs IM op~~ to r~c~iw aod ~pply th~ wr» on ~ccoue~ of tM indebted~ ~ nes~ secur~d Ixreby or w p~rmit s~id MORTGAGORS to ttuive Md vN it p any part Ihercof fw othe? purposes, without thereb~ wairi~~g or ~mpair- iry a~y puity, Iien or rqM vnde. a by vi?~w of ~his morr~agr, u~d ie tM even? s~id AAURTGAGORS ~hsll fo~ ~y r~ason fai) to ke~p ?M s+id p~~mises so ~•+~,~r ! insured, or fail 1o deliver promptly ar~y of wid policies of insurant~ ro sald MORTGAGEE, or fail p+ompliy to pay fi?tly ~oy prtmium ther~fa a ln ar?y :,r. ~ respcd lail w pe~fam, diuherge, execute, ~f(ect, complere, comply wi~h and abid~ by thi~ covenant, or any part M«of, aie~ N10RTGAGEE n~+y plac+ ~nd ' ~ pay fw such in~urance o~ any pan ~hereof withoW w~ivurp or ai(eclinp u?y optio~. li~n, pu~ty. a~iyhi unda o~ by virtw of thts Mwtpa~. ~nd the full amo~M of each ~nd ~wry such p+yment ihall bs immediatcly dva ar~d paysWe ~nd shall be~r imereit fram th~ dab thereof until paid at tM ~att ol n~ne pe~ centum per a~num and to~etF+er with such i~terest sMli be tecured by the lien of this matgsg~. 1. To permit, commit a wif~r no wul~. impairment w detxaration of ~eid property or aoy part the?vof. S. To pay ~II and dnpul~r th~ coits, charpe~ ~.~d exp~nses ioclud~np a reasonable •nwney's fe~ ~nd ooatt of abstracb of ti11~. inev~r~d o~ p~id at any time by u~d 1MORTGAGfE, b~cau» or in tAe event of Ihe failvre on Ihe part of ths ~aid MORTGAGOR to duly, promptly and fully perfwm, dischargR executs, effect, oompk~e, tomphr wnh and abide by sacfi and every the s~ip~lat~ons, agreements. condit~o~u, and covenan?s oi said promiuory ~ot~ ~nd thii n,orrgaye any o~ ei~he~, and said costs, charyes and expenus, each and every, shall be im.nediately dw ae~d paysble; whetMr a not then b~ notice ds mand, anempt ro collect o? wit pend~ngj and tM full amount of each and every such paymen~ shall b~s. imer~t from the d~te tl+~rwf until paid ~t N+e ~.~~e of nirx per centum per annum; nnd all aaid cos~s, charget and exNenses incurred ot paid, together with such interest, shall b~ s~cvr~d by the lieo of tbis mortgaye. Q TMt (s) in the evem of any breach of ~his ARortgsga w default on the part oi the MORTGAGOR, w(b) in the event ahy of said swris of nwney herein referred to bs ~ot promptly ~nd fully paid within th~rty (30) dsys ~ext afte~ the same seve~~lly become d~s arw~ payabl~, without dan~nd w notice. or (c) in the ~vent each and every ~hs s~ipufations, agreem~nts. cond~tioni and coveoan~i of ss~d p.omisw+y not~ and ~h~s morlpap~ any a either ar~ ew1 iuly, promptly and iully perfwmed, d~scharg-d, executed, e(fected, completed, compl~ed wi~h end abided by, 1Fwn in eithet a ~ny ~vch ~vent th~ uid gregate sum mentioned in said promissory note then remai~ing unpaid, with interes~ acuued, and all moneys mured hereby, shalt becorn~ dw ~nd p~y~ ab:e forlhwith, w thtreafter, at the opt~on of said MORTGAGEE, ss tully ~nd completety as if all of the said wms of money were wiyinallr stipulated ro be pa~d on such day, anythir~g in sa~d promiuwy note a i~ this Morrgage to ~he contrary notw~ths~andinp; and thereupon or ~hereafta a1 th~~option of s,~d MORTGAGEE, without notice or demand, :vit at law or in equity, therefore or thereaiter beg~n, may be prosxvted as If ~II ~nooeyt sKVrd hereby n;~ matuted pt+Or to ib inatilWiOn. 7. That in the event ~hat at tF~e beyinning of or at any time pending any cuit upon this Mwtgag~, or to fwedos~ if, « ro.ef«m ir, a ro enfwc. F~Yment of any tlaims htreunck~, uid MORTGAGEE shall apply to the Court having junad~ction thercof fw th~ aq~ointment of a Re'teiwr, Wth Cowt shall f:;~~hw~th appoint s recei~er oF said mortgayed prope+ty at{ and sir+gular, includ~ng all arw~ s~ngula~ the income, profits, fuws and .evenws f~an wMtewr scvrce derived, each a~d every of which, it being expressly understood, is-hereby mortgaged as if spec~iically set fath and dtsu~bed in the ~?antiny and h3bendwn clausea hereof, and such Receiver shall have all the broad and efiective }uncf~ons and powen in aeyvrise entrusted by ~ Court to a Receiver, ~ntl s~ch appointment shall be made by such Covr1 as an admitted equity and a matter of abaolute right to said MORTGAGEE, a~d witl?out reterence to the ad~~quacy w inadequacy of the vafue of the property mortgaged w to the sotvency or insolvency of said MQRiGAGOR w tl+e defendaMS, and thaf tuch re~rs. profits, income, iuues and revenues shali be appiied by such Receiver accord:ng to the lien w equity of said MORTGAGEE and ~he E?rxtice of such CourL 8_ To duly, promptly and fully pe?form, dixha,ge, execute, effcct, complete; comply with and ab~de by each snd every ths stipulataro, ayreements, ~ conditioro and corensnts ~n sa~d prom~~:ory note and this mwtgage set fo~th. ~ 9. That in the event the ownenhip of the mortgaged premises, w any psrt thereof, becomes vested in a penon ofher than the MORTGAGOR, tl+~ j 6:~FTGAGEE, in successors and +fsig~s, may, without noe;ce to the MORTGAOR, dea7 wi~h such svcceua or wccessor in interest with reference to this j rro•i9age and the debl hereby secured in the same manner as with Mortgagor w~thout in any way vitiatirg or distMrping the Mwiyagws' liability htre~ ;~~:der or upon the debt hereby secured. No sale of the premises hereby mo~tgaged a~d no fwbtara~oe on. the put of tF~e MORTGAGEE or its fvcttsioh c~ ass+gns and ra extension of the time for the paymenl of the debt hercby secured given by the MORTGACaEE or its tuccesson w ass~gns, sha4~ vpera»~ to re~ease, d~xharge, rnodify change or affect the origioal IiaUdity of the MORTGAGOR herein, either in whok or in part. }~~l~Hy,fu~~~ • . 10. It is spec:fically agreed that t~me is of the essence of this contract and that no waiver of sny ob~i9ation herevnder or of't~,o~l~tan sY.,~ cvred hereby shall at sny tirtse Ihereafter be held to be s waiver of the terms F~ereof or of the iostrumeM secured herby. t);±,. i' - S~ •.'Qi~_~ . I1. In add~tio~ ro the forego:~u3 month:y payments of princ'pal and interest ~equired by the promissory note setured hereby, ~ and agrm 1o pay to mortgagee with rach momhly payrnent an add~~iortsl sum estmated by rtwrtgagee to be eqwl to 1/12 of tha anrw~l.pOt~of. ~ 4 z. ; , ing: . ' - ~y'~ ` . C~`~~~ o~r?r A-A!1 real property taxes ievied or assess~d. againsr the above dexribed real estate. _ ~ •~"t-~S.' ; ~ ' - ~ ti~+S,` 0,;~i'i ~ . 6-Prem~ums on fire and windstorm ~nsurance as herein req~~red to be cairied on the improvemeats situste on 1fie above ~ • pjemislf. 2 Gj d~st~ ~ - - C-Prcmiums on such mwtgage guaranry insurar,ce as mortgegee shall from t~:ne ?o time deem fit to urry on t!?e losn setur4d.;b~f~~t: ~ . "Ott " u t _ _ . _ _t .L_ J' _ '_J "'_L~_ t______J__ __J .'"1 _l_U LL_\7..._~~_..a!_` 1~_d:{- ! R~ g:y« .~.a.. .......y:.y .....:..y r.:.~~..... :,•rabte on the dve date of the next monthly payment and eath successive month thereaiter uotil mo?tgagee shsll notify morigagw ` i~~"' ~p a^:o.,nt. Such sums shall be applicd by mortgagee roward the payrtKnf of reat property taxes, inwnnte prem:ums, and mortgaQe ~Y~J~ ,i ! _ -e•.,~ums. '~:',°'`~xlr?~' I ! IN '1~ITNESS `NHEREOF, the said MORTGAGOR has hereuMO set his hand and sea~ tF?e day and yeu P~nt afo?essid. ~ Sgned, Seakd and delivered in the p~esence of_ ST. ~F. G RAL STR ION~CORP. t f~~Ep ANL~ kECOR0E0 • - .l'JC~C 30uNTY FI.A. By~ ~~-R~p-resider~~~~n ~ ~i - F.ovcn F,~tTRAS q , i E=;K ;,:=.G~1~ COURt n s , ~ A ~~F fEi Attest: ~ ; I ' o~• Luis ata, Sec.~_ reas.-- ~ - - 3-tt2~r~-~~-- - ~ ~ . ~ S~r. Q ~i~:~' p.""_ 31~~~'2 ~ STATE OF FLORIDA COUNTY OF ST. LUCIE I HEREBY CERTIFY, That on this 8th day of September , A. D. 1975 , ~ _ ~ before me personally appeared Mike Naser a~ Luis Cata ~ t respectively President and Secretary - Treasurer ~ ~t. I~cie C~neral Censtruction, CorF. Florida ` - , a C id me € known to be the persons described in and who executed the foregoing instrument and severally ~,tF?'b;ejp~ f , ~t: % ; cution thereof to be their free act and deed as such officers for the uses and purposes the~ein me~ti~r(ad; ~~-th8~1~; : _ - n ` affixed thereto the official seal of said corporation, and the said instrument is the ad and:dset~=rN,~aue~,ao~~crf^~ , I WITNESS my hand and officia) seal at Fort Pierce Florida , said county arid~~atste~~! ~ v . c.~.•' ~1 G t3 ~ T`his instrument prepared by ~ Hal Roberts, .Tr. ; ~ F First Federa?1 Savin s& Loan Notary Pu ic, in and for State and Cn~[nty~4~~~.•`_-- 9 M Commiuion Fac ires: ~t~~•~~~~~~~~•s~," ~ ~4ssn of Fort Pierce~ Florida 33450 y P ¢,./S-,8„rt..~ ~ ~ ~ ch~ked By ~ ~ R 24c~ PACEIJJS ~ BOOx ~ar~,-~ To: ~~IRS'T,FIDf~1i~.I. ~ ' ; . . :~vus,~a .°a I~oar~ ASS~~1$ii:1~ ~ ~'`'r ~ i~:,r+ rs,-r~ Fl.a. ~ _ - -