HomeMy WebLinkAbout2823 To p!ap and continuously keep on tM buildirgs now a MraaftM situate or ?aid land and on all equipment and ppaonally covered by Ih4 matt •
age. with all p?smiwna tMreon paid M lull. lira in?wance M tM uawl ?tartdard policy lam, iw • awn approved by tM MORTGAGEE. •nd windstorm
irawsrtoe b the usual atanda.d policy fain, M • vein approved by eM MORTGAGEE. M such company a companies a tM MORTGAGEE may
dked; and aQ fin and windaorm inswana policies on any o1 aid buiWinga, any Interest tfterein a part thereof, in tM aggregate sum afaeaid a
N exteN tl+ereotf, shall contain tM wual standard mortgagee clause, a such pMr clause es 1M Mortgagee may require. ma?ir,g tM bas under ad potF
des, each and every. Wyeble ro said MORTGAGEE as in intasst may eppew, and each and every such policy shall be promptly asa•gned and delivered t0
any MW by estd MORTGAGEE as further sstwiry a acid mortgage debt. and, not leas than ten (10) days in advanu of tM expiration of each policy. ro des
liver ro aid MORTGAGEE • renewal t)teraof, topetfter wltA s receipt for tM premiwn of such renewal; and tMre atoll be no fire a wlndatam inaurartce
placed on any of aW buildingb any lntsrest tMrein a part tMrsof, unless In tM form end with tM bas payable u afaeaid; and M tM event any surw
of money bsootrtes payable under such policy or policies said MORTGAGEE shall Mw tM option ro recent and apply tM same on account of tl+e irtdebtad~
pees aecwed hereby a b permit acid MORTGAGORS ro receive and vN N a any put thereof fa other purposes, without thereby waiving a impair-
Mp aryr equity, lien a right under a by vurw of this morlgape; end M the evanl Mid MORTGAGORS atoll for any ?eason taU to keep tM aid premises W
cawed, a fall b deliver promptly any of acid policies of inawanu ro aid MORTGAGEE, a fail promptly ro pay fatty any premium therefor a M any
respect fail b perform, dbcftarge, execute, effed, wn+pieb, comply with and abide by this covenant, or any part Mreof, acid MORTGAGEE may plats and
pay for such 4awanod a enY part thereof without wehrinp a effettlrtg any option, Iles, equity, a right under a by virtw of thN Mortgage, and tM
1vQ amount of each and awry such payment nhall be inrnsd'ratey dw and payable and shall bear interest from the dab thereof until paid at tM rate o1
nine per pr?tum per anwm and togstl?er with such interest shall be secured by the lien of thin mortgage.
4. Tb permit, aortttttlt a wf}er no west, ImP+irrrtem « deterioration d said property a any part thereof.
S. To pay all snd sirtpular the oats, drupes and expense., including a resaonabM attorney's fee and coats of abatrac» of title, tncvrred a paid at
any tktte by said MORTGAGEE, because a in tM event of tM failwe on tM part of tM said MORTGAGOR to duly, promptly and fully psrfam, discMrpe.
exettM, effect. canplste, comply with and abide by each and wary tM atipttiatarts, agrsertwrtts. conditions. and covsnan» of said promiaaay nob and this
ntorpape any a either. and said costs. dtuges and exper,aeti each and evNy~ shall be immediately dw and payable: whether a not there be notice des
mend, attempt ro collect a wit perdirq; and tM full amount of each and wary such payment sMll bear interest from tM date thereof until paid at tM
tab of nine per centvm per annum; and all said cos», charges and expenses incwrsd a paid, together with such interest, sl?all be secured by tM lien of this
ntorpage.
b. TMt (a) in the event of any breach of this Mortgage a default on the part of tM MORTGAGOR, a (b) in tM ewm arty of said wins of money
larein referred to be not promptly and fully paid within thirty I30) days next afts? tM same severally become dw and payable, without demand a ratite,
a (ra M tM event each and awry tM atiputationa, agresmen», cortQitions and townan» of said promissory note and this nartgage any a either ar nW
iuly, prarttptly and fully performed, diacltarged, executed, effected, completed, complied with and abided by, then in either a any such event the said ag•
gregab sum mentioned in said promissory note than remaining unpaid, with interest staved, and all moneys secured Mreby, shall become due and pay
able forthwith, a thereafter, at tM option of aid MORTGAGEE, es fully and canpletely as if all of tM said sums of money wire spinally stipulated
ro t» paid on such day, anything to aid promissory note a M this Mortgage ro tM contrary notwithstanding; and thereupon a thereafter at tM oprion of -
aid MORTGAGEE, without Hotta a demand, wit at law a in equity, therefor a thsrtaftsr begun, may be prosecuted u if all ntortey~ secured hereby -
had matured prat to its iMfitvtion.
7. That in tM went that at ?M bpinnirg of a at any tirrte pending any suit upon this Mortgage, a ro faedose It, a ro reform it, or ro ertfora
payment of any dairta hereunder, aid MORTGAGEE atoll apply to tM Court Mviry luriadtction tMreof fa tM appointment of • Receiver, ardt Court atoll
fathwNh appoint a repiver of said nartgped property all end sirgvlar, including all and singular tM income, profits, hausa and revenues from whatever
scarp derived, each end very d whidt, it being expressly urtdsrstood. a Mrsby nartgaged es if specifically set forth and deeuibed b the granting and
Mbertdwn clauses hereof, and such Repiver shall Mve all the broad and effective functions and powers in anywise emrwbd by • Cowl to a Receiver, and
such appolntnant shall be made by wth Covet es an admitted equity and • matter of abaduts right ro aid MORTGAGEE, and without rferenp ro tM
adequacy a inadequacy of the valve of tM property mortgaged or to tM sohrency a inaolventy of said MORTGAGOR a tM dsfendan», and tMt such
rams, profits, lncorne, issues end rewnws shall be applied by each Receiver according to tM lien a equity of said MORTGAGEE and tM practip of such
Court.
e. To duly, pomptly and fully perform, diacMrge, execute, effect, complete, comply with and abide by each and every tM stipvlatbra, epreenwnb,
cortditiora and oovenams in aid promissory note and this mortgage set forth. -
9. That b tl+e swm tM ownerfftip of tM nartgaged premises, a any part thereof, bsmntsa vested In • person other than tM MORTGAGOR, the
MORTGAGEE, Ica etrcteaaors end ess'tpm, may, without notice ro tM MORTGAOR, deal with such successor a succsaaor in interest with referenp ro this
ntorgage end the debt hereby aecwed in tfw same manner es with Mortgagor without in -any way vitiating or ditKharginp the Mortgagor' IiaWlity here-
under wagon the debt hereby sacwed. Pic eats of tM premiss hereby mortgaged and no forbearanp on the part of tM MORTGAGEE a Ica strceessora
a aeslpns end no extension d the tlrrte fa tM payment of tM deW Mreby secured given by tM MORTGAGEE a its wtassora or aaigna, atoll operate
a reNaae, dadtarge, modify dwnpe a affaa the original IiabiGry of tM-MORTGAGOR f?ereiry eitfter in whole a M part.
10. It a apedfkally greed tMt time is of tM esance of this contrail and that no walwr of any oblpation hereunder a of tM obligation ae~
c?rrd hereby aftell at arty time thereafter be told to be a waiver of tM terns ttareof a of the Iratrumem secwed herby.
tl. In addition ro Nte forsgo:ng monthh payments of princpal end interest required by tM promiaWry Hors stxured hereby, mortgagor oovenenb
and agrees ro pay ro mortgagee with each monthly payment an additional sum estimated by mortpagse ro be equal ro 1/12 of tM annual cat of tM fdbw-
~r
A-All real property taxes levied a aaasaad against tM above deuribed real estate.
d-Premiums on fire and windstorm insurance as Mrcin required ro be urried on tM improvemen» situate on the chow dewl6ed.
C-Prsmiuma on such mortgage gwranty insuranu as mortgagee shall from time to time deem fit to carry on tM ban
Mortgagee atoll from time to time notify mongaga in writing of tM amount dw and payable hereunder and sudt wrR~tol~~ia~be~ -end
payable on tM dw date of tM next monthly payment and each successive month tMreafter until mortgagee shall notify ~of'••
amount. Such -sums shall be applied by mortgagee toward tM payment of real property taxes, inswanp guaran
premium.. 1_ . . E
IN WITNESS WMEREOf, tM aid MORTGAGOR hsa Mrwnto set his hand and seal cite day :end year a _ t r'- :
siprad~, S..I.d .nd delivered in cite presence of: F~R TY fiER'` - -
B RP.
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STATE OF FLORIDA COUNTY OF ST. LUCIE
- JA('~UARY
I HEREBY CERTIFY, That on this 19th day of A. D. 1979
RlinnLPH MA_RCHESE - '
before me personally appeared - - - - - X~(
- -
X9(i~14lIX~X~ President~(tl~( ~E~l(~d( y =-T--. bf
Fn1IR rOUNTY SEBYTCnFT WATER REFINING CORP. , a FLORIDA ~ :Corporation, tQ
= ~ -
known to be the persons described in and who executed the foregoing instrument and severally a~ktsow(~dged the: e
cation thereof to be their free act and deed as such officers for the uses and purposes therein mentb~d; artt~ "thet~;~?ey~
s - -
affixed thereto the official seal of said corporation, and the said instrument is the act and deed of•,said gOtpa~ion.
• _ S`
WITNESS my hand and official seal at Fort Pierce St. Lucie ,said county and state.
F' Tnis instrument prepared by First Federal Savings an oa
Association of Fort PIERCE, RKK/dz
Fort Pierce, Florida 33450 Notary Publ , in and for State and County aforesaid.
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