HomeMy WebLinkAbout0877 1. T~ pl~p M/ ooraLwiowly kNp on tlr buildi~ps rww « I~HhM ~itwN or N!d la~d ~nd on ~11 puipn»n~ v~d ~son~lly cov~~d by MM rwr~
pw wiTh ~q~r 11www ptid in }vll, fb~ inw~eeu in ~M wwl u.n1«d oa+c~ ~o.~w. • Mpw ~pprowd by tht MORTWIGEE. ~nd win~sa~
YMwaea (n ~Ai~ aMd~.d Pol~ Mrn~, In ~ svm approwd bp ~1+~ MORTQAGf4 M~ tucA oo~nr a oomp~niM M ti~ MO~TGAGt! i.N ~
~Mnc4 ~nd ~11 flr~ ~nd wind~a.~ Maw~na poticiN on aqr of ~alr bu1Wi~. ~np InN.~N ~IwrNn a pNt thNwf, M ~M pap~» ww~ daMW w ~
M~aN N~ew1. ~11 aoM~in H~ wwl u~nd~rd aiorpa~ e1~u» a wd~ oltw d~ws as tM MonYpM nwY nV~rin~. nwklrp Mw boy wdn swi piF
dM, ..d~ ~rd wMr. ar•b~. a aW MORtGA,GEE a~a Mu.r..~ m.y +PP~+?. and .+cA .nd .w.y wd~ poiky ~M?t b~ a~Wh ~aMd «d d.liwwd n-
M1r MW b~? wid MO~TGAGEE M fwthK wa+rify ro s~id narpp~ d~b4 ~nd eo1 1~ Nwn Nn (10) d~y~ in sdvana ol th~ ~aplra~ioe of wcA policy, a ar
4w /e wld MORTGAGfE ~~~wa! Mwaof. ~op~d~r witb • natp~ tor rh~ pr«niwn of wd? rM+~way ~nd tM.~ aM~l b~ no fin a windnawi i~ar.w~
p~~ad on ~n~r ei uid buitdi~,. ~ny hNrw dr.~in a pw tMnof, w+la~ M 1h~ Mnw w+d witA ~h~ loa~ pay~bl~ a~taaaid~ ~nd in Nr ~w~l ~r w.
of ~aw!? baawM phrabN wwl~r wch pdky a poticia w!d IMORTGAGEf ~MH h~w th~ option a naiw ~nd ppty rM iwn~ on ~ooauN d Mr 1w~W~.
n~ Marnd ha~bp a w pKmh ~aid MORTGAGORS a~wiw ~nd w~ N o. •ny p.r1 ~h~rwi fa orhe. pwpo+a, w~~hout ~h~.~b~ w~iv:n~ a wep~:+ -
~^Y +^'li ~b. !Mn a~ipM w+d~r w by vktw of tAb rnor~qp~j ~nd in ~M ~wiu Nid MORTG~A~GORS ~hall fa unr hasa+ bil a kNp Ny wid prwwiN N,
MwM~ or fd) b delfwM ~omp?ly ~ny o1 faid polieiM of in~w~nq b uid MORTWIGEE, o~ fail p~omptly lo yaY fu11Y ~eqr pNniwn th~r~for a ln a~pr
n~p~ct fNl b pMforni, ~dyrp~, ~x~cut~ ~ff~ct. oomplM~. c~omplY wiM ~nd ~Sid~ bY this covMU+~. a~ny pa.t M~wi. aW MORiGI?GEf n+~y pbn ~ui.
Wlr fa wd~ 6riK~no~ o~ Mry? pw/ M~nof without wdvinp or ~ff~d ~u
Fnp ++q op~ion. ~I~n. ~4u~b, a ripbt ~ndM a by vi.~w of tM~ ~~Y el
fuN MiowM of and w~r1? wcA WYnwm ~MII b~ inrmdNtd~r dw ~nd WYabN ~nd sM11 bN? NM~a fran tM daN tM+~ot w~tll
nMr ~ oMMu~n pM anwm M~d top~tl+N with wch Inter~st Jwq b~ Ncw~d by tM NM of lfas nwr~Op~.
1. T~ p~rMt, oon~n~N a wHM no wah. ~np~irmMt w detKior~tton oi said propKt~r a~ny pat ~henof.
S. To p~y ~11 ~nd ~Mp~fr t!r cost~ cl~rpr ~nd ~xp~nN~, incJvd;np a~~bb at+wn~~ fN wd cwn of ~batac» ot tith, Incwhd a p~id ~e
+~fr 1MM bp wld MORTaAGEE. b~cwN a ln ~ ~v~nt of d» failw~ on ~M pw~ of th~ Hid JMORTGAGOR a duly. P~~P~b ~h P~?forw~, ~rci~~
•s~euM. ~fher. aon~pbh,. Qomp1Y wilb w+d abNA b~r ~eh w~d wNy th~ ~tip~l~tioey, prNee~nts. t~ond~tion~, ~nd aoven~nn ot said pan3swry woM ~nd M~is
narq~ u~y o~ ~i~INr. Mfd Nld OO~b. t~Mf~N Md ~tpM/N. NLIf Mld ~VMy, ~INII ~ 1fMNdNffly dY~ ~ed wy+bbs wM~Mr a not tMr~ b~ ea~a d?
~w~4, NN~np w oo1Ma o. wn p~inp, .na M+. fi,~~ .ma,m of .«n .na ««r wd+ ar~.M .h.~~ b... i~+f.r.a i.o~n rh. aa t+~.r.of vnw p.:a « NK
~aN of nin~ PK antwn pM ~nrwny ~nd ~p uid owM. ch~rpe~ and ~xp~n~ tercwr~d a p+id. top~~Mr w~rb sueh intKNt. ~AaU b~ s~ew~d b~r Nw Ww ef tAi
'"aqq~. -
6. ihn in Me ~v~nt of ~ny b~tich of this Morpap~ or d~f~vlt on th~ pu~ of rM MORTGAGOR, w(b) In the ~wnt ~ny oi ~aid su~r o1 wow~y
1»nin nhn~d to b~ ~ot womWN and fuly pa+d wi?hin thirty !30) d~ys rr:t aftN tM s~me Nwr~ly bcom~ dw ~~d p~yabl~. wielwv~ d~nMrd or no~~a.
w(~3 b 1h~ weeM ead~ wd ~wry th~ afip~latbra, a~~n~nts. condjtions and eownant~ of a+~d p.anissay not~ a+d tA~s morqp~ any a a:~iw ah wa
iuhr, paeplp and fulM P~rfpnwd. d'uclN.pd, ~a~eul.d ~ffec~~d, eanpbnd. tompli~d wirh and ablded ~y, th~n in ~irha a any sueA ~v~eM N~ wd .o-
Dr~pat~ sws nrnTiayd in ~ald promi~ory noh tlrn r~mainirp unP+~d. with intaat acuwd, ~nd ~11 aarrys wcw~d l~~by. shaN b~oonr du~ ~.d Wtr
~bb MMhwi~h. or th~rwfta, at th~ option of ~aid MORTGAGEE, q ivlly and conpta~ty if •fl of M» s~id wm~ of nwMy wen ar;~lly s~;p„yN,d
b b~ prd on wd? di~. ~nrtNnp ln satd paniuory nots or tla. Mo.p.p. ro~h. aa»~•.y notw~~ha~.nd~npr and ~h..wpon « ri».wi~a a~A. apae d
s~id MORTGAGEE. withoW noaia a d~rn~nd, wit af Iwv a[n pvi~y, th~r~ion a M~r~ahK bpun, may be prowc~ted u H dl rewneys ~~d hu~b~?
h~d m.nind p.w. a~» 8wtn,~ion.
7. ThN in th~ w~eM M~t ~t tM bpkwdnp of a~f ~ny t~ ,kndiny ~~r wit upon tl~is Mwt9~, a fo faeeloM M. a 1o nionn k, a b wiap
p~ynwM d ~ny d~i~w AM~w+d~r. Wd MORTG/1GEE sM~l ~pply to tM Court Mvinp jurisdittlon tAerwf for tA~ appointm~nt d~ R~aiw, wch Cprr~ ~ly~
ForM+wllh ~ppoirH ~ no~lw? of ~ald morfpp~d prop~ty ~N ~nd si~q~IN. intludup NI ~e~d eirqular the i~eoen~ profits. Mfws ~nd nwmiM fean w#M~w
~ourq dMiwd. ~aA ~nd ~wry of whitl~, N beinp ~xprtialy und~r~tood. it Iweby na?t4+p~d u if ~p~tifiuly ~M faM and dNet~d M 11» p~a~ •
A~bwd~rm d«~ I~~of, w+d wd~ R~uivN ah+li M~ •11 tM brwd and ~ff~ctiw funct~om «~d povwn in Mywiw Mtrwt~d by ~ Court b~ iE~o~iw. ~ad
wd~ ~ppolntnwd ab+N b~ rnad~ by weh Courf a~n ~nin~d squity and ~ n+~ttM of ~bsolun ripht to wW MORTGAGEE, w~d wi~hovl e~hnna b M+~
~d~W+c1r a MMd~quay of tA~ vdw of th~ P?op~rtY mo?tOp~d or ro tM wMncy a'a~wl.ency of uW MORTGAGOR a tl» d~f~~, ~nd MM wd+
profiM, tnopn~, ipu« M+d rtv~nws ~MU b~ ppli~d by such R~aiwr aao?dinp ro f!~ Ilen a puity of ~ald NIORTGJIGEE ~nd tl~ p~clits d srd~
To duly, pranpdy ~nd fulh P~. ~x~ane. ~ff~ct. comPlN~, oon+plY wiM N?d ~bM~ by wch ~nd w~ry tl+~ qtpu{Nton~, ~
oonditiona ~nd cov~nu in w~d p~omia~wy not~ ~+d ~hu mwfpp~ kr torth.
4. Tlw In th~ ~wM tM owrwsAip of fh~ mo~tyaqed pr~enha, a~oy pNt N~s?eof, b~eonrs watd In • p~rwn ofM~r than th~ MOtT(~~(;OR. t1y
MORTGI?GEE. If~ woaMas N~d usipro. m+y, withait ~orice ro tM MORTGAOR, d~al with ~vch fuars~w a woc~wor ;n ;nt~r~s~ witi~ e~tM~no~ p Mi~
mapp~ «+d th~ d~b hKeby Ncu?ed in th~ s~ en~nner a w~th Mwtppw witho+A In ~ny w~y vHitlinp a d'i~ch~tpin0 IIN INprl~pp~r' Y~b~~ 1y~'?
w+el~r a upon Mr d~bl h~r~bp ww~d. No s+I~ of ~he pr«++tsN MnbY enor~9ap~d ~nd eo tab~u~na en tl+~ prt o1 th~ MORTGIIGEE ar h~ wiorw~on
a ~rlpna a~d no ~t~ion of th~ tMn~ fa t!r pa~menl of tM d~M IN.tby New~d Olwn by tlr MORTGAGEE w 11~ Mioowan. a~Mi~M, afrN oprw
b ~Mw~. ~'retir~. n~o~h eM^p~ a~ff~a rh~ o.ip~,+ai U,b7~ry of r1N IIAOrtTW?GOR haNe~, sitMr In whoN a In p~rt. ,
10. M b ~p~aAc~lly prNd Hwt t6n~ h of tM ess~nc~ of thh oomract ~nd th~t no vwlwr of ~ny obllpdion hK~~nd~/.~jtE~ it~W~w ~
ar.d Iwr.b~r ~h.lt K.np Nm. tM...h.r b. h•W ro b~ • w.iwr of ~h. »rn+a Mnaf a of th. M+mue~n ..ow.d h.?by. • z~ r t
, _ ~1~.r'' ` ,
11. (n ~dditlon fe tM fwpaeq mo~+N~r WYrrM~ts of pine'pd and 4+t~1 r~q~ir~d by tM p~aniaory nof~ pr~~ :
~+praa to p~y w morpp~ with tacfi maithlY parm~nt ~r? ~dd~?ior~l ~um ~aim~~sd b~r monpa~e~ fo b~ pwl a 1/12 ;iM~1e~~e~
A-All r~al tucp Iwied a~unsed . s~'' ~ ~ u~~`~ ~ 7
proPwfY psinsf the abov~ d~~cribed nal tu~».
~ ' ' ' S C• ' 't : 1
d-/nmiunr on fi n ~ d w i
n d
~torm irow~nu n htrein requ~red fo b~ u~ried a+ tM ~n+prov~nwnn situsq on tM aboMi~
~?~a ~r .
G-PremFuerr on wd~ mortyay~ 4w,anly inwr~r,c~ as mwtypee sh~ll from t~me ro time dNen fit to urry on th~ IoN~i ~acw~t ~r~~, ~
AAortpapN ~hall han tim~ to tirM nor~fy monpapor in writinp of the ama,nt dw and p~y~bb Mr~unde~ a~d wch wm sA~lt!~ ~i~ aed
payabb on th~ dw dat~ of th~ n~xt monthlY paYen~nt ~nd ~ach aucceuiv~ month the.e~Re~ until monpapN sMll notify mo~f~por e!f ~ d w i~ ~
amovnt. Such iw~r ahall b~ appli~d by mwtp~pee toward the paym~nt of r~al prop~rty t~:~s, inswanc~ pem:wnt, Md mortp~ qy~rw~ i~r~ra~
P?NnItM»•
IN WRNESS WMEREOF, th~ s~id MORIGAGOR hu F~~umo s~t hia h~nd and pN tM d~y ad fint ~fonqid ~
s+p~Nd. s~+wd +nd d~utiw~d ~n r?+~ pa«~o~ ot, HIAR~IS OONSTRU(.`TION CORPORATI02~,
ftLEO ANO RECORDEO rida o or o ~
~ S1. lUC1E COUIlTY Fla BY=
~UC~R POITR~S ze s en
~,;saL, ~ ~..q r-•~ c: ~ ra4CUlT CQU ATTEST: .
_•c,`~ .
anklin A. is, Se "tarp
" '7
_ _ ~-oE PH 7
oomrrz oF sr . Lucz~ 3bi86s2 _ _ _
STATE OF FLORIDA COUNTY OF ST. LUCIE
t HEREBY CERTtFY, That on this day of December , A. D. 19 ?7 ,
before me personally appeared Aasel J•. Hsrris and ~~klin A. • H$rris
respectively President a~d - Secretary , of
AARRIS OONSTRIICTION CORPORATIQ~i ~ a FTARIDA Corporation, to me
known to be the persons described in and who executed the foregoing instrument and severaUy acknowledged tt?e ex~
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 officiat seal of said corporation, and the said instrument is the act and deed of said corporation.
WITNE55 my hand and official seal at Fort Pierce , said county and state.
This instrwaent prepared by: - ir j~.
R. E. Poiadpcter, First Feder$1 Ssvings - Nqtary Pubtic, in and for State a d County aforesaid.
and Iaaa Association of Fort Pierce~~ ,
~o~~. . QA~ Commission Expires: / ~ • 3 ~ _ ~
~ '~~';,r' c3 _ . ~ .
Check~d By _
_ . . - - • ~
< r:'~~7.~ ' ftOtY~ PIVr,C. ~tui?? C~ ~.:.~1~i tt (~f~
. . oA - c:t. 3e, ts~
_ • . • fj . ~ ~ . kt~:~o L~ i.c..:.u~~Fr~,f C+s.w~ ~onii+q
. ; ~ 'f' v ~ ~1V U~
. 6II01( PAGf ~ _