HomeMy WebLinkAbout0888 3. To pl~c~ ~nd continuou~ly kNp on th~ buildinp~ now w M~~aftK ~itu~N or said I~nd and on ail eq~ipn~+t w+d pKio+ully covK~d by d+is mortp~
+p~. with dl puniw~q ~he~~oe? p~id in fv14 iir~ knunnc~ in iM v~wl sundard potiqr form, in • wm ~ppror~d by ~M MORTGAGEE, u+d wind?torm
in~u?~ M th~ uswl stand~rd policy ~am, tn a sum ~pprov~d by ~M MORiGAGEE, fn wch companY w comP+~~a w~h~ MORTGAGEE may , t
dN~ctt ~nd ail fln ~nd windi~~ irawtnu policiN on ~ny ot wid buildiepL M1y Mttrt~l IAHQM Of Pi/l fMrWI, in tF» appre~+~ w~n ~fayaW a•
In ~xpq 1hNwf. ~hall oonl~In th~ uswl sandud maro+pN davw a ~uch od~ claus~ ~s tM Ma~p+pN m~y rpuK~. makfnp tFr bu ~~da ~~~d po14
ci~s. ~ach and ~wry. WYabl~ ro wW MORTGAGEE ss itt in~a~u mar ipp~+~. ~nd ~ach and ~w.y ~vch poliq ah+ll b~ pranpNy a~s:yrwd u~d ddiver~d to
•ny hsW by aM MORIGAGEE .s fu.~h.. s~axity ~o ~aid mor~p.p~ deW. and. nw la~ than tee (101 daya in advaec~ oi ~h~ ~xpir~tion of ~ach policy, ro dr _ s
livtr to ~ald MORTGACsEE ~ nMwal ther~of. top~tha wiih a nc~ipl fa tM pr~miwn of wch r~newal; u~d ~Mn aha~t b~ no f'a~ or wi~ds~am Inw~anc~ ~
plac~d on ~ny of said Iwildlnp~. ~ny G?tKyt thK~in a part tM~~oi. unl~ss in tM forn+ and w~th Ihe loss p+yabb u~tu~saWr +~d in tM ~wnt any ~wn ~ ~
af awn~y becanN paYaWe w+d~r ~uch potiqr a polici~s ~aid MORTGAGEE ~h+ll haw ~Iw op~ian ro nceiw and ~pply tM wn~ on ~aount of tM Ind~bt~ 4 }
n~a ~cw~d lwnby a w pKmi1 s.d MORTGAGORS ro r.u~v .nd uw H a any pa~t thereoi fw orher purpases, wi~hout tha+eb~ waivi~y w w++pai~- ~
tny ~ny oquiry, li~n ot riphl w~ ot by virtw of this mortyap~~ a~d M t}N ~wnl Nid MORTGAGORS tMll tor ~ny nawn fail to ke~p /M iaid pnn+isy so ~ f
iniured, w faN b d~liver promptly ~ny oi wid politiq of imwanc~ to uid IIIIORTGAGEE. or (~il p?omplly to paY fully ~ny preR+iwn tF~er~for or in ~ny ~/},r
re~paa fall b psrfo~en, dixhup~. ~x~cvte. ~ff~ct, compl~», complY wi~h and abid~ by tl?~a covanant, w ~ny pa~t hereof, said hWRTGAGEE may pliu ~nd ~
pay fa s~?d~ Imw~rKS o~ aqr parf thK~of withoW w+ivinp or affectinp ~np option, IfM, equity, ot ripht vnder a by virtw of thif Matpap~. ~nd the
full amouet of ~ach «+d tv~ry wd+ p~ye~nt sMll b~ imn~diatdy dw ~nd p~y~bM and sh+ll bear intK~st from tM datt thereof vntil p~W at tM ra~~ ol
nins pK cMwm pa~ snfwm and togNhe~ with svch intaest shall b~ sec~r~d by th~ li~n of this mortppe.
1. To pamit, oomrdt a wffK no wpte. Impaitment a d~teria~tion of said propKty ot any p~rt thtr~of.
S. To pay ~II and sinp~lar th~ costs, chup~s and ~xp~ws, includiny ~ nasawbb ~ttan~y i f~e and costs of ~bstracts of titk. k+cw~~d a p+id a1
any tinN by wid MORTGAGEE, b~cauw or in tlw ~wnt of t!w failure a? tFr put of th~ uid MORTGAGOR a duly. p~omptly uid fully pKfwm, d~scha.pt
eaecut~, ~ff~d. eompl~t~. eanplY with and ab~d~ by ~aeh and ~vay the stipulatiom, ~q~~nt~„ eandi~ions, ~nd oow+»nn of s+id promi~y nor~.and tlw
mw~yp~ any or e~tMr. and wid oosts. charp~s and exp~nses, each and ~very. sMll be immadiatety dw and p~y~bl~t whetF~r a not ~M.~ b~ nwia ds
m~nd. ~tMmpf to cdl~cl a wit pa+d'npj and tM full amount of exh and rwry wch payment ahsll bsar interest from t1+t d~te N~ereof until p~W ~t the t
~are of nin~ per ur~t~m psr annum; ~nd all s~id costs, cMr~es ~nd expenses inewred or pakl. tog~tt~ wfth wch tmenst, ~Mtl b~ s~wnd bp th~ liw~ of•tha
~9~ i
6. TM~ (a) io the ~wnt of any bnach of thts AAortpp~ w d~fwlt on th~ part d th~ MORTGAGOR. a(b) in tM ~wnt ~ny of w~d uxm of money S
hereto nftrnd ro b~ not prempNy and fully p~id within thirty (30) days rnxt afta tM same aeverally become due ~nd p~yabb, withow dtmand w notice, ~
or {c) In t!w ~wnt eacA ~~d ~wry tM ttipulatio~u, sg?e~menH, oonditioru a+d coven+MS of s+~d promisso~y not~ ~~d this mortp+p~ ~ny a ~itM+er an no1 ~
iuly, pron+ptly ud fully pKform~d, d~scMrped, ~aewtad, ~ffeded, compkted, complwd wl~h ~nd ~bided tiy. Hwn in ~iUx~ w any avch ~wnf tM s+id ag '
yreyaM wm m~ntiaMd in said panissay not~ tMn nmainirg unpaid. with int~r~st acuusd, ~nd all rnoeeys secvr~d hereby. ahall b~com~ dw and pay- ~
able forthwitly or thereafta?, at tFw option of ~aid MORTGAGEE, u fully and canpl~tely ~a if all of ~he sak! wms of morNy wero w~pin~lly stipulNed °
ro be paid an wd+ day. anythinp in ~~d prom+sswy note or in th~ Mortys~ to the contrary norwirhsand;ng: and thawpon or thsreahu at tM op~~on of
uid MORTGAGEE, without ootio~ a d~m~nd, wit st law o~ In puiry 1F1Q~QFOf! O~ tIllfNflN be~un, m~y b~ prwecuted u if ~11 moeKr iesvred h~reby
nad m.w.ed pia. ro ia i~ntin,l7o~.
7. TMt in tM ~vent that ~t tM beginnJnp of w ~t ~ny tim~ pendinp any wit upon this Mortgegs, a to fwacloa~ h, or to nform it, or to ~nforo~
payment of u~y da6m Fwreundsr. s+id MORTGAGEE shall ~pply to the Co~rt h~viny jvrisd'rction thereof for tM ~ppointrnent of ~ Rece(ver, wth Cowt shsll
for~hwith ~ppoint a receiwr of ssid mortya~~d property +H and sirg~lu, includug a~l and singular tM i~oonw, profits, isawa and rwenues from whatwet
wurce dsrived. ~ad~ ard ~very of which, it beinp sxpreasty u~dsrs~ood. is hereby matqaged ~i if ~pec~fically set fath and describ~d in tlw s~~erirg a~d
habendum dauses h~r~of, and sud~ Receiver shatl have ~II the broad and effective fund~ons ae~d powen in anywise entrusted by a CouA M a R~celver. ~nd
such sppointm~nt ~hall be made by wch Court a ~n ~dmined equity and a mstter of absoluq right ro said N10RiGAGEE. and withoul ~~faenu to tM
adeqvacy a insdeq~r~cy of the w!w of the property mong~ed or to the wlvency a insolvency of s~id MORTGAGOR a tM defendams, u+d that such
rer,n, Exofits, incane, issues snd rwa~wes ~SII b~ applied by such Receiver ~ccord"ug ~o the lie~ or puiry of said MORTGAGEE and tM puctice of such
Court.
8. To duty, promptly ae~d fully pwform, d'isch+ry~, execuro, effect, c+ompl~te, comply with ~nd abide by e+ch snd ~vay ths stipulatior?~, ipreemenb,
conditioro and coven~nts in uid promissory eote and th~s mortgag~ se~ iwth. ~ •
9. TMt in th~ went the ownenhip of tM mortysqed premises, or amr psrt thereof, becomes wsted in a person other th~ the MORTGAGOR, th~
MORT6AGEE, iri wccsaw~s uid sssiqns, m+y, wirhovt no~ice to the MORTGAOR, dwl with tuch s~cussa~ a succeuor in imerdt with rticraxe to thi~
mortgpe and tM debt hereby secwed in tM same manner u with Matyapw withovt in any way viliatirg or distharq'ug the Mort~~gors' li~bility her?
under or upon the debt hereby secv~ed. No wk of ths premises hereby mortg~ysd u+d no fwbearanoe on tht p+rt of the MORTGAGEE a ib successon
o~ sssig~ +nd no exttnsion of the time for the paymeM of the debt hereby secwed piven by the MORTGAGEE- or its succeuors or auip~s, sMll operN~
ro release. dyclurpe. ~fy chanye w affect the orig~rwl liab~lity of the MORTWIGOR herein, eithK in whole or in part.
10. It b specif'~cally agrsed th~t Yime h of the euence of thts conn+ct ~nd th~t ra waiver of amr obliq~tion hereunder a of tM oblipation se- ~
cured hsreby sFwll at any time thereafter be heW to be a waiver of the tams hereof or of the i~utrument secured herby. ?
11. In addiYwn to the forego:ng monthly psyments of princ:pal and interest required by the prom~swry note secured hercby, mortyagqf, o~~b
and agrees to Qay to mortyagee wifh each monrhly psyment ~n add~riwut sum est~mated by mwtyagee to be eqwl b 1/12 of the annuat;tos~~ ~~1e~._
ing: f: "
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A-All real property Iaxes kvied a assessed ayainst the above dewibed real estate. ~t ~:1~-
= ~
B-Premiums on firo and wind~fwm iawrante ss htrein rtq~'aed to be urried on the imp~ovcme~ts situate on the ~bove desvlbod: p~a~ _ ~'S ~ ~
, C-Premi~rms on such morig+ge ywrsnty i~swance ss mwtgagee shall from Nme to time deem fit to carry on the Iwn se~rQ~ ~hereby..
Mortgsgee shall hom time to time notify mortgayw in writi~g of tfie amount due ud pay~ble I~ereundei and sod+ sum sfiil~N~et4Upon be d~o~ind
payable on tht due date of the next monthly payment and each succeuive month thercaher until mutgapee shall notify morty~g~r ;Of s chan~i~ M such_
amount. Such sums shall be +ppiied by mortyagee toward the p+yment of real property tazes, inswsnce prem:ums, and mortg~pl;9uaranty iowrancR .
premiurtq. ~ '•..~s`=~ , f
~ IN WITNESS WHERfOF, the said MORTGAGOR hu hereunto s~t his hsnd ~nd sesl the d~y artd year, fint~foresaid. ~ i~ ~
~ ~ ~ ~ p~e [iarris ~.onstructiozi`• X,a~tion
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E C~ERK C~RCI~IT ~~URT B ~ s esi t
E ':=Rif1ED ~ F
~ 0 1 ~ 3 os PN A :~~~in . rr's, S etary `
STATE OP fIORIDA - ~j . °
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STATE OF FLORIDA ~OUNTY OF ST. LUCIE
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I HEREBY CERTIFY, That on this day of Se~tember , A. D. 19 77 ,
before me personally appeared Hazel J. Harris and.,sl~B~IClin A. Harris
respectively the President and the Secretary
Harri s Construct ion Corporat ion ,"1N`~~ . f
r..-_, , a_ Florida 4~p'q~~~4,~ ~ ~
; known to be the rsons described in and who executed the for r~ f j
* pe egoing inshument and severally acl~noiNiedaed~he
~ • ~..i I f ~ '
cution thereof to be their free ad and deed as such officers for the uses and purposes therein menfiatied;~r~d that 4~~
~ affixed thereto the official seal of said c~poration, and the said instrument is the ad and de~ oi ;t~{d aor .
~
~ WITNESS my hand and officia) seal at Fort PierceSt 1u i F said ty and stat ~ ~ V~ 0 ~
~ This instrument prepared by: R.E. Poindextor ~ ~ ~ ' = ,
0 ~
' First Federal Savings and Loan
Association of Ft. Pierce Notary Public, in and #or State and County afa~a~~'~~~
Ft . Piezce , Florida 33450 My Commission Expires: f-.; ~ ,x
~,R,,, ~l. ~.a.c.ysA tr. ? ~"~'i~' W"'O'' 1
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Checked By ~ n' vr .
r ,e~ f ~ •
. e0~~'"?~j` PacE` 88T .
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