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HomeMy WebLinkAbout0257 . ~ To pl~o~ ~nd oontirNwviM kNp on tM buildinp~ now a iwr~+f~ 4twN or said I~nd and on dl puipm~M a~d paton+lly covMSd by ti~is morp~ p~, wtth all pr~miwet therwn paid in ivll, fin Uww~na ~n ~h. usual uandard po~Ky Mrm. M~ ~wn ~pprowd by tM MORTGAGEE. ~od windarorm i inswanp In 11N uwd ~IandMd poliry forM. M1 • wm approv~d by tIN NYORTGAGEE. b wch tomp~ny a oompanHf N/1y MORiGA('sEE tn~y d'wycq and ~q fin _r?d wi~tonn iiawana poiic~ on anr Of M~ b1tII~11f~ tf1Y If1NfM1 I~fIf1 OI Pitl iMftOl. Y? tM +p~~9+» swn aia~wid a , ± In ~aaM tkKwi. ~Mlt canbN tlr wwl uandard morp+pN d+~+M a wd? alw ti+us~ a tM Mor~p+p~ m+Y rM~+in. nw?tnp ~tr bu w+dM said po14 : ciu. ~ad~ wd ~wry. W~~bl~ lo NW MORTGAGEE a iri M??~rat mal? ~PP~~ ~d Nth and ~wry wch po~ic71 ~F?+II b~ P~^Mb +~s~9^~ ~^d d~livM~d to i •ey MW by u~d MORiGJ?GEE .s /wHw~ s~awMY a Wd ~norp+9. d.W. +ed~ nw I~sa ~ha+ »n (10) days in ~dv~nu of tM ~zpl~~tion of ~ad~ policy. to dt _ 2 iiwr q Mid MORTGAGEE a nnhwal thtrwf. top~d~u with + ~~c~ipt fw ibe praniwn of wch ra»wa1J a+d tMr~ aMll b~ eo fK~ o~ wir?d~~am U+~w~nu i plaad on ~n~? of saW buildi~g~, ~ny k~t~r~s1 tMn1q a pNt tlw~wi. unl~ss In tFN fo.m a+d with tM tou p+Yabl~ ~s afores~idt and in the ~wnt eeY w~ i of n~on~y b~conwa payaW~ wdN wd~ polky a policla s+id MORTGAGEE sMll Iww tM option to receivs and +ppy th~ sam on ~ccaint ot tM ind~btsd~ . ~ e~a »ew~d fw~b~r a eo pKn+N wid MORTG/WORS ~o naiw ~nd u~ ff Of ~nr part 1Mreof fw other purposts. witFw~t ~haab~ waivi~ig w ~mpair- - r- kw +~+r w~+N. li~n ar ripht wd~ a b~r wk~w af thb aartp~j w~d in th~ ~wn~ w~d MORT(3AGOR5 sh+U fw any ?taso.~ faN to kMP ~h~ said P~~mue~ to - r insw~d, w bi) b deliwr promptly ~rry of ssid polieia ot ieaur~na ro uid MORTGAGEE. w tail promptty to pay fvtly any pr~n+tw++ t1~a~for or in +^y r.sp.ct bil b puform, di~d+a~9.. ~.wt~. ~ff~n, oompiet.. oomplr vrirh and abid. by tMi oown+n~, or any par~ heraof, said MORTGAGEE may plac. a+d paY fa wd~ Mawanor ot ~qr put thKwf withovt w~ivinp a ~H~dinp anj? option, liH?, p~iry, o~ ri~ht unck+ a by viAw of thi~ Mwt~aq~. +nd tM fvll anwwu of tad~ and ~r wd+ p~rm~nt.sh+ll b~ im~di+»ly dw and p~y~ ~nd ~MII bear &?u.es~ from ~he daH tl~s~eof unril paid a~ th~ ~ah ot nin~ pM potum pa arowm ~nd ~oy~thx with suth inqrest ~II be ~ax~d bp th~ li~n of thia mortp~p~. 4. To p~r+n». aow+n~t a M+fIM eo wMh. Y~p~knwM a~a.ior~rion oi s.id ptopKty w ~ny p.rt tF~enof. 3. To psp ~II ~nd sk~pub? th~ oosM, ch~?pu and ~xPa?t~t. includin~ • n+son+bl~ ~ttwritY's fe~ and owb of ~bstracts oi titb. Mcvrr~d a p~id at ; .~+y ?tm. by ~+td ~tiortTC~?Ge~, b~a„a « tn M. w.ed of rh. f.~~w. on rh. p,n of et+. iatd Moatc~?~c~k w d~+??. p.«~y .+,d fi?ity P«fonn. d~uha.~w t , sxen+ts. ~fieci. oanplet~. oanPb wMh ~nd ~bid~ by tach ~nd ~ve~y tM stipulatiaw +~~e^n. oondHiaa. and oow~+nb of said promiswry rab and thb ^+ony+~ +nY w~itF~, and said ooa;, dwrpa ud ~xp~nws. ~ach and w~?y, shall b~ immed'u~ely due ~nd p~yabkr whcthK w nw tM.~ b~ na~oe dr . ,=.,.nd, ~thmpt ~o aoIIM a wit p~nd'inpr and th~ fvtl ~nwunt of ~ach u+d ~Y ~ Wymam shall bear inrm~ from the da~e tlxrwf w?tU p~id af ~h~ rate oi nin~ p~r cMh~n1 p~ annwnt and aI1 Mid twq. tharyta ind e7[pMSes inu+n~d o~ p~id, topethsr with such inrarpt, shrll be ssn,red by tM 1'an of tha~ . ~ maq~R ~ ~ 6. iMt (a in th~ weM of ~ny bnach of fh4 Mo~tpap~ or d~favlt on tlr put ot th~ MORTGAGOR. a N) in tM ewnf any of said wms of mo~ey E herdn nfKr~d to b~ na promptly ud fuly p+id wirhin thirty (30) d~~rs rox~ ~fta tM same sevarally become ~ue +nd payabb. without dem~nd w notice. ~ or in tM ~wnt ~ad~ and ~ws~r N» stipul+~ion~„ yr~n~s. aonditions ~nd cw~n~na of sa~d Fromiswry na~ s~d rh~s mort~+ye ~ny or ~ithe~ ~r~ ow s ivh. P~~P~t? and ivlN Pwf«+md, di~clw~d, •s~out~d, ~ft~ded, compbnd. con+p~i~d with and ~bid~d br. Mwn ettF~ a any wch ~wm tlti s+id +p~ ~ preQ~N suia n~ior~d tn s~id pra~wy e~o1~ th~n %~I^i~p unPtid. with inte~st scuwd. and all maKys secwed huabY. shall b~oome dw and pay~ ~ sbt~ fathwith, ar thK~aftN, at tM option of said MORTGAGEE, u fully and compktely u if •II uf M~e wid wms of mawy wen ori~irully stipulated ro b~ p~W on wch d~y. anyyhiny i+ said promissory noh or in thb Mwty+~ to ~he coo~rary notwi~hs~+~+diny; snd theroupon w thereah~r at tM option of uid MORTGAGEE. without notios w demarid. wh d law at ln puiry, tMrtion or thereaite~ 6epun, m~y be prosetuted as if dl mot~eys s~wted hereby had m~tund piqr to ib imfiNtion. _ - 7. Thn 1n th~ ~ve~t th~t ~t tl+~ b~yGv~inp of w d u?r tim~ pend'u~p any wk ~pon fhis Mort9sye. or w fweclot~ H, or to refwm H, or to anforu . paymsnt d u~y-dalm~ hKeundar.~s+id MORTWIGEE sh~ll ~ppfy ro tM CouA Mvi~g px~sd~ion thereof iw the appointmaet of a Rsuiva, wch Court sMll ~ fwthwith appoint ~ nosivK of taid matpp~d prop~rty dl and sinpulat, intl~d~ny ~II and sinqulH tM intom~, profit~ issues and rewnues from wf+attver ~urr.a daiwd Nth and every oF whidl, 8 ikinp e~cpreaslY und~rstood. a Mreby n+or~gaged a ii sp~cifiollv set fath and desnibed Iri tM prantinq and ~ habawlwn clwsp Mreof. ~nd wch Reofhrer ~H haw ~II th~ brwd ~nd effectiv~ fvrxt~om and povren in ~nywis~ entruuee 'vy ~ Court to a R~ceiver, and i wch appoinfrn~nt slutl b~ made by such CWxt a an sdmitted equitp ud ~ matta of ~bsolute right to s+id MORTGAGEE, ~nd without reference to tM ~ adequat~r or kiadatriricy of the wlu~ of the propKry mortp~d a to the sohrency or insolvency oi said MORiGAGOR a the defend+nq, and tha~ s~ch ~ renrs, profiq. inoo~n~, fWws and ~~renu~s sMll b~ ~ppli~d by wch R~ceiwr +ccordi~y to the lien or puity of uid MORTGAGEE snd fhe praaice of wch Cowt. a. To duh pranptly ur! fully pvfo?en, dad~~r~. ex~wt~, effect, oomplete, ca++ply with and sbid~ by euh and svery tM sYrpul~tio~s aproemMts, conditiona-arN! Coven~nts in said promqsory no1~ and thii mo~rf9ap~ sef forth. 9. Th~t In 1M weM tM ownKShip of tM mortp~pad prempes, a u~y put thereof, becanes vested in a peraa+ . oth~ lhan thc MORTGAGOR, t1+~ MORTGAGEE, paarooewqn and aasly~r, auy, withoul notice to t(~e MORTGAOR, ds+l with such succeswr or succeasor in iMaest with r~faenca b tha mw~~a~ and th~ d~M henby sacw~d in 1ir aam~ m~rr~sr aa with Mo?yapw wittwut in +np w~y vitistinp a d~schupinp tM JlAort9+qas' li~bility herr under a upon tM debt F~s?+y s4wred. No wl~ of tFK premises hereby muty+ped and ro fwbe~ra~ce oe~ tht p+n of tM MORTGAGEE or ib wcces~oa f or auiym and e~p eu»zsion oF Nw ti~n~ fw th~ piymenl of the debt hereby secwed yiwn b1r th~ IMORTGAGEE or ia waeason or assipes. shaU opuaq 1 to rek+s~. dadwry~ mofifl/ chaap~ or aff~ct th~ orlpin~l liability of the MORTGAGOR ha~in. ~itha in whole or fn part. • ~ 10. h b:pedfiully ~ned tMt tim~ k of th~ ~s~ac~ of this contr~ct a~d thst no waiver of any obligatan hsrevndsr or of the obli~ation st ; cured hK~by sball at any t6m theraftu be Mld ro bs a waive? of tM qrms hereof a of the instrumem sacured herby. 11. M addition to fhe foreyo:rg monthly paymenb of princ'psl and interat required by the promissory note secured herebY. ~~9aQpf~o~pt K ; and a~re~s ro p+~ to mortyapee with e~d+ monthly payment an sddirional sum estim~ted by mortgagee to be eqwl b 1/12 of tfie annwt,tp~,,'+~e~I ~t`or?- . • R' ~N~~~+~7 t ~v . . . ' ~ `~~~w~, ° A-Atl real property tax~s levied or assessed aysinst the ~bow described real esute. ``;_'c=~~ ::'T~, ; B-Pramiums on. fin and w;nds}orre inwrarta as- herein requ'ued ro be urried on the improvemcnts sitwte on the above delflr~'d. pr~~sw. ~r i C-Yremiums on s~d~ mort9sg~ ~u+rmty inwrance u morly+gee shsll from t~mt to time, deem fit ro carry on the losn s~c~ },~ebri z~- ~~i C~; E Mortyapee shall from tim~ to time notify mafgspw in writinp of the smount dve and payable hereunder and wch s~en ~1ala ~t~rupo~ b~ ~~1d - payabl~ a+ N~t dw date af tM n~xt monH?ly p~yms:: ~ach waesiive month thereafter until mortyagee ihall notify Q~.s. cl~7~ in amwnt. Sud~ sums sh+ll be +ppiied by morf~ayee toward the p~ymenf of real propMy taxes, inwrance prem:wm, and uN~ promium4 _ : " t/ • • r! IN WITNE55 WHEREOF, th?said MORTGAGOR hss herwnto s~t hes hind and scat tiie day and year fint aforesaid. !F':-~'d~`~~~ii!t4 s~nd, s«bd +~d d.uwr.d in M+e aa«~oe of= f~LEO Alt~ RECOROEO IS R ON` ~f ~ ATIQN =i. `UCIE COUMTY FU. - q - _ ROOER'OITRAS . z J is si = • C~EP.K CIRCUIT COU T ; R-= na!1 VEP~FIEO ~ , ~ , ~ } t . h A p~ ItUo Z3 3 45117,~~. FsST: Fran i A. is, ~ STATE Of FLORIDA ' • $@C=~ta=y • f couN1Y OF St . LuCie 3`V~rVs . . - - . ~ ~ STATE OF fLORIDA COUNTY OF ST. IUCIE ; ` I HHtEBY GERTIFY, Tfiat on this _~day of ~~St ~ , A. D. 19 77 , ~ before me personally appeared ~ze 1 J. Hart i s ~ a~ Fr ank~. in A. Harr i s respectively the President and the Secretary Harris Construction Company ~ -~C~~~ioa,.~;is~e ' oria - known to be the persons described in and who executed the foregoing instrument and severally acl~~iw~~`~eei~ wtion thereof to be iheir free act and deed as such officers for the uses and purposes therein. m~rttidried; and that;t~ " affixed thereto the official seal of said oorporation, and the said instrument is the att and dee~"df ibi¢ oorporat~dn. - i -:r . - : WITNESS my hand and official seal at~fort Pierce St t~~.•;e _ trt~rida ~nty and ste~1~~~~'~..,,._,~,:'' ~ This Instrument Pre~ared by Donald B. Hughes {ti 6, _ • ~ ~fl ; ~ ~ Fir~t Federal Savings and Loan Associatioo K~.~~~ ,J=~"".=' of Fort Pierce , . Notary Public, in and for State and County aforesaid. Fozt Pierce, Florida 33450 My Commission Expires: ~t+~r ~k . M~r Gaaer~sioa Expires Uie. 27. 19~0 ~ h~c4.c r, wn.nc« ~r. a c..r+• c.wr.~. . - _ oa _ /y~ _ ~ . . ~ ~ EOOK ~~e PACE z~ . ~ ~ - - - _ _ _ . ~ ~