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HomeMy WebLinkAbout2689 J. To pl~c~ •nd cominuously kHp on ti» bui:dirps now w hNNffN ti1V~t~ 011 N~ (Nld ~~fA Of1 ~II ~qVlp~eNM M~ pMi011~IN OOW~~ ~ 1~ ~~O' p~, with ~II pnrniwM tMrwn p~~d ~n lull, fu~ iniur~nc~ in iM usv~l aand•rd poiKy fam. in ~ wn~ app~owd bY rM MORTGAGEE, u~d winduan~ inwru~ In Nw uiwl ~unda•d pol~cy fam, in a sum approved by ~M MORTGAGEE. M wch company or comp+niM ~s th~ MORTGA~iEE ma~? dirMt N+d dl fin and wind~rorm iruur~na policip oe ~ny of aid b~i~d~aps. ~ey inbrpt ~F+KNn or p~rt tha~ol. in IM pp«gaq win ~for~Nid o~ ; In ~xc~u ther~of. ~MII coro~in ~h~ usual standard ma~papN clsu~ a such aF~ daw~ a tM Mor~9apN rn+y hqvw~. n+akw~p ~M Iw~ unda Nid po1F , ~ c~.+, .ach and .ve.y. p.r•b1e a said MOrtTGAGEE as in in~.r••r ma~ .pp.ar. .nd each .nd .v..y ~uch policy th~t1 b~ pranpHy .a•pn~d .nd d.liwr.d a~ ~~y heW by said MORTGAGEE ~i fw~Mr ~ecvrity ~o said n,ort9p~ deb~. and, na Nu rMn tM t10) d~ys in adv.eu of ~F» ~+ep'uatia~ of Nch policy, M da liw~ to iaid MORTGAGEE a r~w~l tMreof, top~~ha~ witA ~ rett~pl tor 1M pt~rt+iwn of wch r~wal; u?d ther~ ahill b~ no f'u~ a windstam 1nw~aec.~ ~ plx~d on u+y of said bvild~rqs, any inter~q thKein a p+r~ ths~wf, ~nisu in ~he (o~m and wi~h ~M Iws pay+b4 u ~fw~idj and in tM ~wet u+y wm of mw+~y becwn~s payabt~ a+de~ such poliey a polki~s s~id 1MORTGAGEE ~hall Aaw tM option ~o r~piw ~nd ~pply 1M s+m~ on ~ccoue~ o~ ~M lnd~bte~ : n~a secur~d M~~by o? b p~~mit wid MORTGAGORS to receiw ~od uN N or ~ey put th~~wf fa othe~ purpos~s, wi~hout ~Mnby waf~irg a wnpaia inp any pu~ty, lien or ~iyht vnda a by virtw of ~Fw mortyay~i ~nd tn Ih~ ~wnt ~aid MORTGAGORS sh+ll fa arry r~ason fail 1o kNp tM uid pnmis~s so ins~red. w fsil w d~live. pranp~ly ~~y of said policies of intura~c~ to ssid MORTGAGEE. w fail promprly to pay fully any pr~miw,n ther~fw a in u+y i r~spect f~il b pNfarn, dixhar9s, execvte, ~(feu, camplets, comply with ~~d ~bid~ by lhis cow.unt, w any p~rt Mrwf, aaid MORTGAGEE may pl~p and ' paY fw such Fnwrant~ o~ ~~y part thereof wUhout w~~virg w affMinp ~ey option, li~n, puity. w riqht undN w by vlr~w of this Matyap~, ~nd tM ' full amovnt of each and ewry such payrneru shall ba immedia~ely dw ~~+d p+yabl~ ~nd sMll bear I~11HN1 ft01l1 lIM il~f~ 1IIQfOOf until p~id ~t tl~ rah ol i nint pe~ centum pa annum and together with s~ch inrerest sMll be aecu~ed by tM lis~ of this mort~aya ~ 1. To p~rmit, commit w sufFer no waste, impairment a deterior~tion of said property or u~y part tF~wf. S. To pay. sll ~nd sirgul~r the co~ri, cMryes and expenses, tncludiny s nawnabl~ anwn~y s fN snd co~ts of abstracts of titl~. kKwnd or p+id N sny time by ~aid MORiGAGEE, b~ca~ or tn tM ~wnt of ~h~ (ui~~~r on th~ psrt of th~ wid MORTGAGOR w duly, pomp~y ud fvlly pKfonn, dischuq~ exacute, eHea, complere, comply w~th aod ab:d~ by each ~nd ~ve.y tha ~tip~rla?iau, i9~!!mlMf. COnditiOM, ~nd ODwninq OI Nil~ prOmisWry rlWf ~d thif mortQaps any or e~~F~er. ~nd sa~d costt, cha~yes and expenses. cach and ~vKy. ~hall b~ immediatsly dw ~d pay~blr, wMther w not th~r~ b~ notia d? mand, attempt to ~Ikct or wit psnd~~g; and the full a~no~nl of each and every svch payme~t sMtl bea. intKal frpn tM dat~ thereof vntil paid at tht ~ ra~e of nine pe~ untum per Mnum; and all said coit~, char~es :nd exp~nses intwred or paW, topether wilh suth interett, ~II b~ s~c~+nd by th~ li~n of thi~ mortpap~. b. Th~t I~ the ewnt of aoy breach of thi~ Mortgay~ w defaul~ o~ tM part of the MORTGAGOR, w(b) In t!N ewnt ~or of NW swns of mon~y herein reFerrtd ~o be not promptiy ~nd (ully paid within thirty (30) d~yn nea~ afrer tM sam~ sevenlty becoms dw and pay+bb. witla~t dtnund Or notite. w(t~ In ths ~wm e~ch and every the stipulstions, ayre~mcnts, cond7Yans snd cow~rwnts of sacd promiaw~y not~ ~~d tldi mwf9ap~ any o~ eitMr are na iuly, promptly and fully p~.fwmed, d~xharped, execu~ed, effected, completed, canplied with and ~bided by, tMn in a~Mr a aMr s~ch ewM th~ s~id a~ pregat~ sum mentioned in said promissory rate then remaininy unpaid, with intaest uuutd, snd atl montys satured hereby, tMtl betomt dw ~nd pay~ abk forthwith, w thereaffc?, at the opt~on of said MORTGAGEE, as tully and completely ai if all of ~he wid wms of mon~y wer~ pipin~lly stipulated to bs paid on such day. anything in sa:d prom~uory note w in thi~ Mortgage to ths tontrary notwithsl~ndiny; and thereupon w there+fter al fM option of said MORTGAGEE, without notKe a dcmand, suit at law oa in puity, therefwe a thereaher beyun, may b~ prosec~ted u if all montys s~tvnd lareby had matvred prat to its institutio~. 7, iMt in the event that at the beginn~ng of or ~t any time p~ndinp any wit ~pon this Mortgage, w to fwtcloss it, w ro mfum it, or ro e++fo.a. payment of any claims hereunder, said MORTGAGEE shall apply ro 1he Court hsving jvrisdktion thereof fa tM ~ppointment of i RKNVlf, wch Cour1 sh~Il fathwith ~ppoint a receiver of said mortgsged proPerty all snd singul~r, includ~ng all snd iingulu the incom~, p~oliri, ittves u+d rw~nws from what~ver source derived, each ~nd every of whrch, it beinq eapreufy understood, is hereby mortgaged at if specifiutly s~f forth and desuibed in 1M yrantinp u~d habendum clauses hereof, and such Receiver shall have al! the broad snd efiective (uncYa+s and powen in anywit~ Mtrusttd by a Co~~f to ~ Receivsr, and ' such appointment shall be made by such Court ss an admit~ed equity and a mattcr of absolute tighf to s~id MORTGAGEE, a~d witFaut ~eferonce 1o th~ adequxy or insdeqwcy of the value oi the properry mortgaged w to the iowency or insolvenqr of, said N10RTGAGOR or 1M defMdanq, ~nd that such rents, profits, income, iuues and reve~ues shall be applied by such Receive~ acc«d~ng to ths lien or puity of ~aid MORTGAGEE and the practice of wch Courf. 8. To duly, promptly ar+d fully periorm, dixhsrge, e~cecute, effett, complete, comply with ~nd abide by each and ewry the sfipulatiwn, ~greements, conditions and covenanrs in said promissory note and this mortgage set fath. 9. That in ths event the ownership of the mortga9ed prcmises, or any part thereof, becomes vested in a penon other than fhe MORTGAGOR, the MORTGAGEE, iti succeuws a~d suigm, may, wirhout notice to the MORTGAOR, deal with such succeuw a auccessor in interest with refer~nce to tha mortgage and the debt hereby secured in the same memer as wlth Mortgsgor wifhout in any way vitiatinp p dixMrgirg the Mwtq~gors• liabilit~r hert under or upon the deb~ hereby ucurcd. No sale of the premises he~eby mwtgsged and ~o forb~ara~oe on ~M part of tM MORTGAGEE or in s~aesson w suigra and no exree~san of the eime fw the payment of the debt hereby ucured 9iven by the MORTGAGEE w ih succeswrs w auipns, sMll oper~t~ Io relesse, d~scharye, modify change or affect the original liabelity of ths MORiGAGOR herein, either in whole or in put. 10. It is specifically agrted tMt time is of the essence of this contract and that no wsiver of w+y obli~atan haevnder or of th~ oblg~tion ss- ~ .cured hereby sMll a1 any time therea(ter be hetd to be a waiver of the terms hereof w of the instrvmeM setwed F~erby. 11_ In add~tion to the fwego:~g monthfy paymeNS of prirx'psl and interest required by the promitsory nole secured hereby, morigsgor covtnanfs and agrees to pay to mortgagee with each mon~hly payment an add~rional sum estimated by mo?tgsgee to be eqwl to 1/12 of the an~~al cost of tM follow- ing: A~Al1 real property taaes kvied or assessed agai~st the above described real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be carreed on the improvements sitwte o~ the above described premises. C-Premiums on such mortgage gwranty insurance as mortgagee shall from rime to time deem fit to carry on the bsn secored hereby. Mortgagee sfiall f.om t~me to time notify matyagor in writirg of the amount due and paysble hereunder ~nd such wm shall thereupon be due and , r.ayable on the'due date of rhe neat monthly payment end each successive month thereafter until mottgsgee sl?all notify mortgagw of ~ thange in s~ch amount. Such sums aF.all be appiied by mortgagee toward thr payment of reat property tsxes, imur~nce prem;ums, and morfgsye ~var~nry imursnce ' premiuma. i I IN WlTNESS WHEREUF, the said MORTGAGOR has hereu~to sat h7s hand sad xal the f ~ sp~,~a, s..iea .~a a~s„~.~a ~r~ or: CORPORATION . s~ c~-- • ~C1a:+f.i` B . ~ n ' ~ v i~ 1 y ~lJ~-~a ~ ~ Q ~ . ~.~i~~S5 ~ gZ • ~V, 7 ~ ~.1 1^i V r ~ ~ r'. ::s. . Atte.gt i . ~ _ 4 ~ ~ Franklin . arri a. ° „ ~ ~ . . ~1._.-.._-- -.-..-•----~-.~•--~v ~ ~ - - _ _ ~1~ ~ 36i~~'~~ - - - . - . . , r. o ~ ~ i ~ ~ ~ : ~ t t ' _ . - ~ . ~ = . ~ STATE OF FLORIDA COUNTY OF ST. LUCIE I. . . ` ~ ~ I HEREBY CERTIFY, That on this ~ day of ~~-C9`ofiz~v ;•.AS IA•~~,..°•,-'_. .P:' s before me personally appeared HsZel J. Ha]c`Y'is and ~~k13][1 A. HB~~'~._,. ~ ~ respectively President and Secretary , of ~ Harris Cons~ruction Corporation Plorida , a Corporation, to me s knawn to be the persons described in and who executed the foregoing instrument and severally acknowledged the exe- ~ cution thereof to be their f?ee act and deed as such officers for the uses and purposes therein mentioned; and that they ~ affixed thereto the official seaf of said corporation, and the said instrument is the act and deed of said corporation. WITNESS my hand and official seal at Fo~t Pierce - ~ , said county and state. This instrunnent prepared by . • ~ Wm. E. Braun --a.~^ - - - ~ First Federal Sevillgs aTld Loan ,tsr~.PubliG,:ia for State and County aforesaid. ~ Association oP Fort Pierce, Flo~:i~: Y~mission ~ xpires: ~tc' ,6 /q~y ~ ;i_%%.'. n. ~ Checked By ~e._._ ~t:/r`i^~-'•; •'cv s ~ _ . ~ocx ~'~4 Pac~~$~ . ~ ~ . . ~ . y.... . ~ ~h r :.J . _ - r - - - - - - ~ . ~ys ~ ~ ~~y.~`¢',~,w.s~ - ~;,~-~~°~s~'~~I,~~=~ s~ _ - i• 'Y-^~' ° 'r~' ~ ~ - . ~~qi_S, _ . . . . " . . .a ~ _