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Home My WebLink About0361 9. To place •nd co~tinuo~sly k~ep on ~M bu~'dmyz now or Mreai?N utw~~ or ~aid land ~nd on equ~pmen~ •nd perwn~ily covercd by mor~g~ eg~. w~th all wemwm~ thereon ps~d in f~ll, Gre in~ur~nce m ~M u~wl ~und~rd policy 9orm. io • sum appro~sd by the MOR~GAGEE. a~~d w~»d~~orm :mur~nc~ M tM uiwl iiandard pol:cy fo~~+, in a sum app~oved by IM MORiGAGEE, in wch cwnp+ny w compan:ts a~ ~h~ MOR(:,AGEE ~nay d~~ect; ~nd ~11 li~• and w~nd~torm intursnce polici~t on ~ny of feid build~~yb any ?nMr~il tMroin or part ehercol, in ~he agq~e9art wm •fwetia~d w in ~xtets thereof, ihall contain 1h~ usual u~ndud malqape~ clavw w suth Otha CI~UN a~ tM MO~fq~gN may r~qu~~~, ma?~n~ Ih~ losi u~dar sa~d poti- us~, ~~ch and ew~y, pavabls ~o ~ard MORTGAGEE as lrs iMereu m~y ~pp~a~, ~nd each ~nd •wry such poi~c~ ~Mtl b~ prompsiy a~s yn~d and dei~Ye~cd ~o sny I+eld by s~~d MOR?GAGEE ~s furtMr ~ecuri~y to ssid mw~ya~ d~bt. ~nd, not lea tMn qn (101 daYi in advance of tM eapi~al~on of uth poliq, ~o de- Gvsr lo s~id MORTGAGEE a~encwal the~to/, logethe~ with • reteipt fu 1M prNn~um of tuch ren~wal; and there shsll be no i~re o~ windstu~~n insurance ptac~d on any of t~id build~nqt, any io~a~es1 the~ein p p~~1 1Mrw1, vnl~~~ in IFN (orm and with tM loss payable a~ atorei~id; and in the e~en1 any sum ol money becomei payabte u~de+ such policy w polic'as said MORTGAGEE ihatl Mw ~M opt~on to receive snd apply ~he te~ne on •ccoun~ of the indab~ed- neas secw~d hereby or to pe~mit wid MORTGAGORS to reteivs ~nd us~ it w sny part ~hereof for othcr purpases. ..~~hout th~~..~i .ti~~•~~~ ~r ~~~~p~~^ . ing any pviry, lien or right unde~ w by virtw ol Ihi~ mortyay~t and in Ih~ ~vte+t q~d MORTGAGORS ~hsll (w +ny rsa~on (ail to keep ~M s~id premises w inwred, p fail to detive~ {xomptly any o( seid pOlit~ea of iniur~nt~ fo ~aid MORTGAGEE, w fai! promptly to pay fully sny prr~n~um there+or u in +~Y re.pzct (ail to prr(orm, discharge, exetute, e(fec1, complet~, tomply wilh ~nd ab+d~ by thif cove~+aM, or ~ny part hareol, sa~d MURiGAGEE may pi~ce e-~d pay tor such insuranc~ or ~ny part thercof w~~hout w~ivi+g or af(ettinp any op~ion. lien, equ~ry, a rph~ under a by ~irtue ol ~h~s Matgage. and ~he f.,Il amovnt oi exh and sv~ry such paymant shal~ be immediately dw ~nd p~y~bl~ ~nd sMll bsa~ interesl from tFa date thereoi until pa~d at the rate ol n~ne pes centum per annum and together with suth interast ~hall bt secured by tM li~n of thii mort9a9e. • 1. To p~rmit, commit p wfler no waste, knpairment a detHioratan of ~aid property w~ny part thereof. S. To pay all and unputar ths cosn, cMrget ~nd expenses, includin~ a reason~bl~ +nwney'• iee and costs oi ~bsnscts of ti~le, incurred or ps~d a~ eny time by said MORiGAGfE, betauss w~n the ~rem of ths i~ilur~ on ~M p+rt oi tM s+id MORTGAGOR to duly, prompHy ~nd fuily pe~fwm, d~uhargt r.zc~t~, e(fect, complete. comply w~th and ~b~de by ~+ch and every tM it~pulaiwni, p~eemem~. conditiont. ~~d cov~nants oi said promissory note and ~his mortgagp any o~ e~~her, and sa~d costs, thuges and eapenses, each and evtry, ahall b~ immediate~y due +~+d paYsble; vnhe~her w not ~here be no~~ce dr mend, atlempt lo coSiKt or wit pending; ~od tlw futf art~unt of axh antl etirory svcfi paymenl fhaii bdar inreres~ from ~~e date inereoi unfii pe~d •1 d~r ~.,~e of nine per crntum per annum; and all s~~d costs, chs~ges and expa+sef incurred w paid, together w~fh such interest, shall be secured by the lien of th~~ mortgay~. Q That (a) in the event of any bresch of this MortyaQ~ w default on ths pa~t o( the MORTGAGOR, a(b) i~ tht e~e+~t any of sa~d sums of money herein reierred to be not p?omptly and fully paid wirhin th~rty (30) days rxxf after Ihe same severally betome due +nd payable, without dem~nd or ~otice. or tc) in the evenl each and every 1he stipulatiwu, agreementa, conditio~s and covenants of sa:d promiswry note end th~s morfgege any or e~ther are no1 iuly. Promptly and Iu11y perfwmed, d~uharged. txecvted, effMed. compl~ted, complied with and abided by. ~hen in e~the~ a any svch ewnt ~he t~~d sg gregate wm mentio~ed in said promissory note the~ remaininp unp~id, with imer~st atuued, u+d a11 moneys secured hereby, tha11 betome dw and pay- ab~e fwthwilh, w thercaf~er, at 1Me option ol ~aid MORTC,AGEE, as fully and completely ai if •II of the said sums of money were or~g~naily s~~pulated fo be patd on such dey, anythir.g in said p~omisswy note or in this Mor?gage to ths contrary notwithstanding; end thereupon a thercaf?er at the optton of s~:d MORTGAGEE, w~thout nor~ce o~ demsnd, suit at law w in equity, thereiwe or thereafter begu~, may be p~osecuted as if all mooeys secured hereby r.ad ma~ured pnor lo da inatitution. 7. Tha1 in the event thaf at the beginning of or ~t any time pendin9 any svit upon thia Nbrtgsge, w to foreclose it, w to ~e~orm it, or to enforce payment of sny claims he~eunder, said MORIGAGEE shall spply to the Court having jurisd~a~on thereof fw 1he appo~ntmenf of a Receive~, such Cou~t shail Forthwith appoint a?eceiver o( said mortpa9ed property ~II and singular, intludmy all and singular Ihe income, p~of~ts, iss~es and ~evenves irpm whetever sc~rce de~ived, each a~d evcry of which, it beinp expressly understood, is F+ereby mor~gsged as if specificslly set fwth and deur~bed in the g~enling and habendum ctauses F+ereo(, and such Receiver shall Mve all the broad and effectire funct~ons and power~ in anywise entrusted by a Court to + Receive~, and s.,ch appointment shall be made by such Court as an admitted eqvity and ~ matter of absolute rigM to said MORTGAGEE, snd wiihoul reference lo the a~•~qvacy a inadequacy o4 the vafue of the p~operty mort9ped or to the w~vency o~ insolvency oT said MORTGAGOR w t defendann, and fhat such ~~•~*s, profits, incane, issues and revenues sMll be applied by such Receiver +ccad~ng lo tha lien w equify of said MORTG EE and the p~auice of such Court. 8. To duly, promptly and fully pcrio~m, dixharge, execute, eftect, complete, comply w~~h and ~bide by each ~nd every the ' ulations, agrcements, co~,d~jio~s and covenants ~n ss~d promisswy note snd thii mortgaga set fortfi. ' 9. Iha~ in the event the ownership of the mortgaged premises, or any psrt thercof, becomes vested in a person other then the MORiGAGOR, the ,!~RTGAGEE, its successors and assgns, may, wifhout notice to Ihe MORTGAOR, deal with such successor or suaessor in intereit with referente to this . o•~ga~e and the debt hereby secured in the same manner as with Mortgagor withouf i~ any way viGating or d~xharging the 1Jbrtgagors' liability (xrr urder or ypon the debt hereby sec~red. No wte of the premises hereby morlgsged and tw forbearance on the pan of the IAORTGAGEE or its successors c~ as:~gns and no exre~s~oo of the ~ime (o~ the paymenl of the debt hereby secured given by the. MORTGAGEE or its successors or ass:gns, s~~all operote ro re~ease, d~xharge, mod~fy change or afiect the orig~nal Gab~lity of the AM1ORTGAGOR Fwrein, either in whole or in pan. 10. h is spec~ficatiy ag.ced rhat time is of the esxnce of lhis contracl and thsl no waiver of any obtigation hereunder or of the obligation sr cured hereby sha11 at eny time Ihereafter bt h~ld to be • w~iver of th~ ternu her~ol or o4 the imlrument s~cured herby. 11. In add:t:e~ to the fwego:ng monthly paymeMS ol prioc'pal and interest required by the promissory nore secvred hereb~, mortgagor covenants d agrees to pay to moctgagee w~th each momhly pa~r.,em an addirianal sum estim~ted by mortyapee b be eqwf to 1/ 12 of the annua: cost of the fol:ow- A-All real property taxrs leyied or assessed agai~st the above deuribed real estate. B-Premiums o~ fire and windsrorm iniurance as her._%n requ~red to be urried on the imerovemeNS s~tuate on the abovc destribed premises. C-Prerr.~ums ort such mortgage gus?s~tjr insurar,ce as mortgagee sh~ll from t:me to time detm fit to carry o~ the loan secured hereby. Mo+tgagee shall from fime to t~rne notiiy mortgagw in writing of the amouni due and payable hereunder and wch sum shall tRereupon be due and :.,:ab:e on ~he due dafe of the nezt monthly payment and each successive month thereaftor ur.til mortgayee ahall noufy mor?gagor of a change in such j : ount $uch s~ms sF.all be appfied by mortgagee toward the payment of resl properry taxes, i~surarxe p+em;ums, and mortgage guaranty insuronce ~ j p~e~niUmS. ! ~ IN WITNE55 Y/HfREOF, ~he said MORTGAGOR has hercunto set his hand and sesl the day and year first aforeuid. l Signed, se,ted nd de~~ver - rhe pr of: ~~N~~ BS BUI ~ • r. I - ' S ~ ~~_-tlK C RG*Wt COUR~ Bern e?haaes, Pzes dettt ~ - ~ ~ r• Y~f IEa....----- / c~n . _ = ~ A2exandris ?hases ~ ' S~tar~?~~ . . _ ~ 3 9 z~s AN T7 - - _ _ ~ - - - - - - . - - - - - - - - . _ _ Treisarer ` = _ ~ ~~1~ ~ ~ , : STATE OF FLORIDA COUNTY OF ST. LUCIE ~ ~ ~ I HEREBY CERTIFY, That on this -.3~~ day of May , A. D. 19 77 , before me personally appeared Bernie Thaaes and p?lexandzia Tha~aes respectivety President and Secretary - TYea suret , of F i Tha~es Builders, Inc. ~ a Florida Corporation,~a-u,e ~ 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 purposes therein mentioned; and that they ~ 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. ~ ~ ~ ~ Notiry~Public, in and fo ta and County aforesaid. My-~pi~iiT.iSSjOn Expires: Noro.•v Pv_;i:. Sr_t~ of r!o-13a n, ln.g~ ~ ; My Co^.c.:s•~x ..,-:r~~s :2, 1977 ; `t~~ ~Ondsd ty luixrico~ f.re a Cos"alh G. ' : .C " _:ked By~ - _ O~:'•~~ .3`~',7~ ~ A - . . a~~K269 ~E 36i ; ~ ~ ~ . - ~ - V~ _ .