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Z. To pl~c~ +nd conti~waisly kNp on ~M buildinp~ ~ow a M+NtiK ~itwa or said Iw+d u?d on alt eqvipm~n~ u+d p~rw~?~Ily oovK~d by ~his n+atp~
p~, wifh ~II ptmiwns ~Mrwn pud in fut4 fi~~ iruu~u+c~ in ~M ~swl itud~~d policy (am, in • sum +pprov~d by tM M4RiGAGE£. u+d windsta~n
ina~ranq in tM uswl ~andud pol~cy 1am, in • ~wn ~ppror~d by th~ MORT(~1GEE, in wch company o~ tanpanie~ u tM NIORiGAGEE m+y '!`7~'
duKfj ~nd aq fin uid wa+dsarm iiawanu policies on ~Mr oI said buitd~np~, ~ny in~aat ~tw~in w part ~he~eof, in d» ayqrpaq sum ~fa~atd a• v,
i~ ~xaw Merw~. sh~ll coMain tM u~wl suridard morryapN dww w wch aFw~r daw~ N tM MatpayN may rp~u~. maAinp tM 1oa w~da sawl po1F
ci~s, ssch Md ~w~Y. WY~bI~ w wid MORTGAGEE u it~ int~r~st may ~pp~a?. u+d ~ach snd ~wry such policy ~hall M p?omptly as~.~ned and d~liv~~~d ro
•ny Mld by ~aid MORtGI?GEE a~ fw~hM seauity to wW morqsp~ d~br, ~nd, not I~a thu~ tw~ (10) d+ys in advanc~ of ~h~ ~xpir~~an of ~ach poiicy, to dr •
livK to aW MORTGAGEE a renewal ti~wf, topellwr with • nc~ip~ fw ths pr~miwn of ~~ch r~w+l; and tMr~ ~MII b~ no f'a~ a winditam inawar~
plac~d on ~ny of s+W buitdinps. ~ny intKat thK~in a p+~t therwf, unks~ in tM fam u+d wiih th~ lou payabb a~ afw~utd: and in Nu ~wnt ~ny swn ~ i
of ,non~y becpms payable w~d~r wch policy w polKi~s Nid MORTGAGEE shalf Mw tM op~an ro ~acaw and appy tM sa+» on +ccount cf ?h~ Ind~bt~d' ~
n~u Ntw~d hp~by or q p~rmil said MORTGAGORS to ~euiw ar+d vs~ i1 w~ny put thereof fa other purpo~es, w~ihout therab~ waivin~ a~mpair- ~ ~
iny .~,r .qv~ry, li~n a riphl w~d~r a by virtw of this morty~~ ~rd in tM ~vMt Nid MORTGAGORS tAsll fa any r.+son f~il ro k..p rhe saKl p~.+nu.s w.- 1
iniursd, or f~il 1o d~liva pomptly +ny of taid pol~ciss of fnawu~c~ 1o Nid MORTGAGEE, a tail promptly to pay fully any pr~mivm tMr~fa a in ~ny
r•.p.c~ f~tl w pKiaen, d~scMrp~. ~xecut~ ~ff~c1, cort+pl~t~, oomply with and abid~ by th7s covenant, or any part hawf, said MORTGAGEE may plac~ •nd ;
PaY fa wch Inwranc~ w ~ny put therwi without wahrirp w ~ffMinp N+Y cP~i«4 ~Ia+. ~4ultY. o? ~igh~ under w by virtw o( 1Mi Margap~. ~nd the `
full amount of ~ad~ ~nd ewry wd~ p~YnNnt ~h+ll b~ anmedi+tthi dw +^d Wy+bl~ a^d th+ll bw Interest from ~h~ dat~ thereof ~mil p~id tM rat~ ot {
nins pa cMwm pK uvwm w+d togNher wi~h auch intertst shall b~ s~cund by th~ tiK? oi thi~ mort9ay~. ~
I, To pamit. aonrnit or wff~r ~o waN. knpa'um~nt w d~briordion of said prop~rty a any put ths~wf.
S. to pay ~11 M+d unput~? tha cab, cM~pe~ ud ~ap~ns~~. includinp a reasonable ~norn~y's ft~ anc! oosb of abttracts of titl~, incun~d a paid a~
any tim~ by said MORTGAGEE, b~uu~ or ie th~ ~vMt of th~ failun on th~ put of tM ~aid IMflRTGAGOR b duly, prompNy and fvUy pKform, d~schary~
executi. ~ff~et. compl~t~. aomply with and ~bid~ by ~~d+ and wsry tM stipulstiaa. spream~nts, ca~itions, u+d oownanb of said promiswry not~ u~d tFw
moriyap~ any a ei~hs~, and said oost~,, chuy~s and ~xp~ns~s. Nch and ~w.y, sh~tl b~ inrnedia~~ly dw and pay~blr, wM~Mr a not thert k» notiu dr ~
mand. att~n+pt ro aolNtt w wit pK~!'i~g: +~d tM fulf amowN of e+c6 and wKy wd~ paYme~t aMll beu inter~st f~an th~ dat~ lhereof until paid at ~he
raee ot nin~ pN ce~tum pa uuwmt +nd all said cosn. chu~ ~nd expenies ~naxr~d w paid. wpathN with wch io~Kat, tMll be secvred by tM li~e of this
^wrtysp~.
6. T}~+t (a) M tM ~vent d any brsach of this Mortype w dafwlt on th~ paN of the MORTGAGOR, w(b) in tM ~wnt ~ny of sa~d swns of mon~y
herein r~fKrd ro b~ not promplly and fully paid within thirty (30) days eeat af~e~ tFr same averatly bacan~ du~ and payabk, witho~t demand a notics.
or (c) in th~ w~nt sacl~ ud ~wry t!r sHpulatioe~s, ~reements, ca+d~tio~s ~nd cown+nb of sa~d promisso~y oote ~nd th7s matpap~ any a eitl+er sr~ nol ;
iuly. promptly a~d futly p~rformed, d~scl~xpad. ~xscvted. ~ffscted. completed, complisd with ~nd abided by, thN+ in ~ithsr w ~ny wch ~wnt tM said a~ :
preyate wm m~ntiand in said promisa«y not~ then nmaininp unp+~d. with intereu ~cuued, and all maisys tecvred herebY. sMll b~oarK dw and pay~ (
able fwthwith, a ~Mre~fi~r, at tl+~ option oi said MORTGAGEE, a fully and canpletely a~ if all of the said sums of ma?~r were orgin~lly st~pufated '
ro be paid an wch day. any~hln~ in wid p?omiuory ~wt~ or In this Mort9+pe to tM contrary nwwithstanding; ~od therwpon w the~tafte~ at tM optan of ~
said MORTGAGEE, witFaut notio~ or dem~nd, wit at law a in aq~?ity. therefat w N~ereafta bep~n, m+Y be Prosecuted ~s if all mone~rs t~wr~d h~r~by s
had maA?~~d p?iOr fo i1t irtttitution. - i
7. TMt in th~ eve~t tMt at the beglnninp oi a st ~ny tims pendinp sny wit upon this Mortysge, or ro forecbES h, a w nform B, a to tnfo?o~
payment of u~y dasr.s Mreunde~, s+id MORTGAGEE sMtl apply to tl+~ Cou?1 Mvinp jwisd~ction thereof fa the ~ppoiMment of a Receiver, wch Covn sF?+II
Forthwith sppoint ~~eceivw of said mwt~yed property all uid sirgula, includWg all and sin~ul~r tM income. proiiq, iswes and rwenues from wfistever
source d~rived, txh ~~+d ~very of wliich, it beinp expressly undera~ood. is hereby mortgaged u if specifiully set fwth N+d d~wibed in tM prantinp and
habendum clavsa 1?Keof, ~nd such Receive? shatl Mve ~II the broad and effective functans and powers in ~nywiie entrusted by a Court M a R~uivp, and ~
•uch ippointment shsll be msd~ by wch Cowt as an admitted equity and ~ m+tte~ of ~bsolute ~ipht ro said 1NORTGAGEE, uw! without refKence fo the t
adequ~cy a inad~q~rscy of tht v~lw of 1he p~ope~H mo~rt9+p~d or to t1+e solva+tY u? inso~vency of said AAORTGAGOR or the defer+ds~ts, and that such
renrs, profi». issves and rev~rwea sh~ll b~ applied by wd~ R~uivar sawdinp to tha Iis~ or pvity of wid MORTGAGEE a~?d ~he p~~aiu of wch
Caurt.
8. To duly, p~omptly ar+d fully paform, d'~scF~arye, execute, ~ffect, complete, comply with ~nd abide by esch and every ths stipuiaY~ons, prsements,
conditio~a M+d coven+nn in s+id promissory note and this mortysg~ set fwth.
9. That im tM event the ow~ership of the mortgsped promises, or smr p+rt thereof, becomes vested in • pe~wn other NWn tM MORTGAGOR, th~
MORTGAGEE, iri svccessoa u~d ~uigns, m~y, wirhout notice to the MORTGAOR, deat with such wuessor or successor in interest with reiersnce to this
mortga~ee ~nd ths debt he?eby secured io the same manner u with Mortyayor without in any way vitiatinQ o~ discharginp the Mwtysgors' liability herr
under or vpon the debt hersby secwed. No sab of the premises hereby mortq~ed and no fwbearanu on tM paN of tM MORTGAGEE w in succeswrs ~
w assig~s and no ~xt~nsian of tM tun~ fa rM psyine++t of the debt hereby secwed piven by th~ MORiCAGEE a ih succrswra a ats7p% ahall opa~te
ro r~ku~, dixl~ry~, modify cFwnge w aff~ct tl+~ origtn+l Iiability of the N10RTGAGOR haeiq, eithK in whol~ a in pu1.
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10. h h specifiuNy agreed that tim~ is of the essence of ~ this ca~aact snd th~t no w~iver of any obliyation herwndet o? of tM oblipstion se-
cured her~by ~MII ~t any time thercafter b~ held ro be a waiwr o( tM terms hereof a of tM N+strument secwed herby.
I 1. In add~tion to the forego:ng monthly paymentt of prirK pal ~nd interost required by the prom7sswy note secured hereby, mwt9+A~ •~t.
a~d agress to pay to mortgagee with exh mwuhly payrnent ~n ~ddi~ionsl sum estimated by mortgsgee to be eq~sl to 1/12 of the anrwal mst of~~'t fd~o~rt~
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ing: 'v'`~ _ ' ~G .
A-All rNl p?operty t~xes kvied a assesxd against the above described real estate. ,`~o
B-Premiwns on fire and windstorm insurance as hereen reqv~ed ro be urried on the improvemenri situate on the above desai~d~prM~(s&. _ `
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C-Premiums on such mortgsge 9uuanty insurana as mortysgee shsll from time ro time deem fit fo cerry on the bsn secwe~l~feby.-~ s~
Mwtgs~ee shall from tims ro time no~ify mortgsgor in wrtirg of the emount due u~d psyabte here~nder ~nd ~ud? wm shap iffeievpon-be dw~; t
pnyable on the due date of the next monthlY psYrrKm u+d each successiv~ month there~fter v~til mwtgsgee shall notify mo?t9sgw ,qf~.~ chsnps;~ii ~
~ amount. Such wms shall be applied by mortg+gee towud the payment of real propcrty fa:es, ir?wrarxe prem:ums. ~nd mortyaq~ Lquatanty irowspci, ~
premiums. ."__I.,~~~~••e~~~~:' €
~ IN WITNESS WHEREOF, the wid MORTGAGOR hss hereumo se~ his haed and sed tM day snd yea~ fint aforesaid. `1 f i
i ~ ~ ~ ~ ~uEp Harris Construction C~pq,~ation, ~
; ~ ~;~+~~~~r fl~. A F o i z ora ' ;
~ ' ¢~R ~OITRAS j
ClffK CitiGUlt COU ' ~ ~
~ , ~c~~r.. ~~_~•~IEO~$Y~: 2 PreSl ent q
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S7ATE OF fLORIDA OCi ~ 3 O~A~T~ ttklin A.Harr i s~ Se etary ~
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STATf OF FLORIDA ~ COUNTY OF ST. U1CIE
I HHtEBY CERTIFY, That on this day of September , A. D. 19 77 ,
before me personally appeared Ha ze 1 J Harr i s and ~iu A. HaM'iA
respectively th~ President and the Secretary , of
Harris Construction Corporation ~a Florida etion,?o;me
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q r~ ey s _Y,:?,~^r.~i~i'~i::
~ known to be the rsons described in and who executed the for oin instrument and severali ~d the ~xs- j
~ cution thereof to be their free act and deed as such officers for the uses and purposes therein fie~tifiQr~ed; and that ;t~jl ~
affixed thereto the official seal of said oorpo~ation, and the said instrument is the ad and deal :o~ ~aid oor~atl~on. ~
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WITNESS my hand and official seal at Fort Pierce St . Lueie? Florida , said county and " ~
This instrument prepazed by: R.E. Poindector
Fizst Federal Savings and Loan
Association of Ft. Pierce Notary Public, in and for State and County aforesaid.
Ft . Pierce, Rlorida 334~ My Commission Expires: witary Pu;CK, St~~e ~i FIc:':'a [,•;e
~ ~ix;ssion Exp'aes D;,~c. i3, iiuJ
~ ~~~1~A~..:w f.. a Cat„tp ~o~~/
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Checked By ~
o i~fc i; Q~ r~
. ~oac~: ~J PaCE ~v~ . . _
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