HomeMy WebLinkAbout1606 . t ` ~ ' '
Ta plic~ u+d conlinuou~ly keep on iM bulidiaqs ~aw a MraRsr ~ttu~ts on aId I~nd ind esn sil equtpmtnt ancf psrton~lty sovsr~d by thts mortq•
• po, yviih ~fl pttrtstvnu thafacrr paid in ful1, lira tniuranu ln the wwl ft~nda~d policy Form, I~ ~•um ~pptoved by tFts MORYGAGEE, ind wlnd~torm
In3w~nc+ ln iM uw~l ~tindud policy (orm, In e sum apptov~d by tM MORTGAGEE, in tuch company w compani~i a~ th~ MORTGAQEE may
dtrat~ ~nd •q fR~ and wi~d~?orm inwrance polieles on +ny of tstd b~ildtrqs, u~y lntert~f tlur~in o~ pa~t lhtreof, Is~ ihe ~yroy~i~ Wm ~tpret~ld or
. H txc~a therwl, ahal! contstn ~he v~wl ?tsndard marlg~gat clauso or ~uch oiher clausa a tM Mor~y~yea may roquu~, m~kir+~ the It,s~ ~nder eaid potb
tiW, ~ith ~nd svtry. pay~bl~ to ield MORTGAGEE as it~ inlere~t rt?~y tp;oest, and sach arxi ave+y tuch poltcy ~hall b~ p~omptty ~~s:9r,ed ~nd de!(vorerl to
~ny haW by a(d MaRTGAGEE ~s iurthe~ securlty fo said matgage deb~, and, not les~ lhan ten (IA) days in advaac~ ol the expiration of each policy, to cle~
1(wt to taid MORTGAGEE a renawel thercof, togathe~ wi~h a reteipt for tha premium of ~uch ao~awall and the~s ~hall be no tird or windsto~m I~surance
plac~d on any of iaid twlldtnys, any Interest ther~tn or part tha~co(, unleu tn the form and wlth th~ lo~i payabl~ ai aforeuld~ a»d In ~h* ovent any ~um '
oi enonay becomet payabla unds~ ~u=h policy a pal;tias taid MORTGAGEE sh~ll have 1M option to ~acelve and •pply the ~ime on accounl of the indebted• ~
" rwss tec~red hereby or 1o permit ?std MORTGAGdRS to ~~ceive and u~~ N or •ny part Ihereof fa olher purposet, wi~houi Ihereb~ watvt~~g o~ in,pair.
~ ins any equity. Iten or rigfi! under or ty vtrtue oi thts mortgage~ and In the event ~atd MORTGAGORS ihal) ta ~ny reason (aH to keep the satd premisa so ~
, ~iraured, a fall to deilver promplly +ny of said policie~ of insurance to •aid MORTGAGEE, or fail promptly 1o psy fully •ny premium Iheretw or in any ~
, nap~ct fr~l to p~rtorn~ discharge, ~xecvte, eHec?, complele, cornply with and ablde by thii cove~ant, or any part hereof, wid MORTGAGEE may pl~ce and ;
• pay 1« •uch rn~unncs or ~ny p~rt th~reof without waJvJnp o? affactlny ~ny option„ Ikn, equity, or ~iyh~ undar or by viriw of Ihli Mortga9e, and the '
' f~ll amount of eacA and every tvch paymenl ~hall be immediately due and psyable and ~h~ll bear Interesl from the date thereot unti) pai~! al the ~ate of '
f, . nin~ ptr ce~tum per ~~~um and togelher with such tntera~l shati be ~ecured by the Htn of tht~ rtwrtQayp. ~
4. Ya ptrmlt, coenmH or wffar no wute, tmpalrment or daterioration ol ~aid property or any part ihereof. i
~ 5. to ali and tt ufer the coitt, char es ~nd ax se~, includt ~
pay np p pen ng a reasonsbls •ttorney'f fee s~el costt of ~bstioct~ of titi~, incv~red o~ paid a1 1
~ny time by ~sid MOATGAGEE, betaute or t~ the evsnt of tM (aiture on 1he parl of tha tald MORTGAGOR to duly, promptly +~nd fully psrfwm, ditchar9~, i
_ ~x~t~, efi~cl, tomplel~, compiy wtth end abide bq eacb and every tho ~tipulatio~~, ~reements, conctition~, and cownant~ ot aId promiiaory nota and thI? ;
ory
mart9ays any or rither, and iaW tosts, ch~rgei and sxpense~, e~ch and evary, ahall M immedi~lely due and payablep whetMr or not tM~~ be no~ica dt ;
mand, sfismpt to aolMst or svit pendingj and thm tull amount of ~ach o~d every auch psyment th~ll bear interesl frorn tha dat~ tM~lot -unHl paW •I 1M ~
~ tate oi nine per tsntum per +n~wmt and all satd coits, charges and ezpensei incvrred w paW, topether wilh such intaea?, ~f?all b~ ~etvred by tM Utn of thN i
~+ro+~• i
6. That (a ln tM ~wnt of any breach of this Mwifl~y~ w default on th~ part of the MORTGAGOR, cr (b) In th~ ~vent ~oy o( satd wma ot mor~y i
~ Mtt:.: ~efor~~d to b~ not promptiy ~nd fully paid within thirty (30) day~ next after Ihe ~sme ieverally becom~ dw and payabl~, wbfwut demand w notlce, ~
v or (e) In th+ ~wnt exh and tvery th* stipu1s11oni, agr~ement~, conditiont and covenant• of iaid promiiwry not~ and ihis morfpeQ~ any or NIM? ar~ nW
~+IY. P~~P~IY tully puriorm~d, diuha~9ed, execvted, ~flected, completed, camplied wi~h and shided by. tMo in ~ithet or any ~uth ~vrnl tM iaid ~g
q~egat~ win mtnrior~d tn taW promtuory note then remaininy unpaid, with tntarss~ acuued, :rtd sl! monaya txured hereby, ~hail become due •nd pay~
: abt~ forthwlth„ or ther~aftar, ~1 the optio~ of •aid MORTGAGEE, e~ fuily ~nd completely as if ell of the iatd ~ums of mon~y wer~ originally Uipvlated
x. ro b~ paid on tvch day, anythlnp in said p~omi~sory note ot In this Mottga9~ to the tontraty rtofwUhstandin~p •r?d Ihsrwpon or ihereafter at fh~ option of
~ • Ntd MORTGAGEE, wiMwut notice or d~mand, wit ai !aw or in equity, thersion or theraaft~er beDun, may ba p~o~ecvtrd u if all moneyti secu~ed hsreby
had matured prior to itt Imlitution. . ,
, 7. That M tM went that +t tM b~ylnninq of or at any tirtK pendlny ~ny wit upon thi~ Mortp~~, or to foretios` It, ot to nfam It, or to tnforu
; paym~nt ot any claims hereN~der, satd MORiGAGEE ~h~ll appiy ro rha Co~n havirq ~urlsdictlon thereaf ta !he appointr»~nf of i Receiva, ~ucF? CouN ~MU
, forthwlth ~pg~oint • receivar of said mortQayed ptoperty a11 ~nd singvl~r, (~duding all and singular the lncort?~, profit~, tauaf and rw~nves irom whatever
3 ~ouru d~rlvtd, e+ch and ~very of which, it boinp axpreuly understood, ii Mreby mwtgayed if ~pscifkaily ~~I tortfi snd destribed in tM yranting and
I~ hab~r?dun~ cl~usrs hareof, and ~uth Recsivar ~ha11 have aIt tha broad and efiaiive funstion~ ~rx! pow~rt in ~nywise tntrusltd by a Covrt fo • Recelver, •nd
i ~uch ~ppotntm~nt ahall be m~dt by such Court at ~n admitted eq~ity and a matter of absotut~ riQht ro uid MORTGAGEE, •rsd without nference to th~
~ t'• adequacy or Inadequ+q of the valw of tht property mortp~9ed or to the sotvency or insolvency of Hid lNORiGAGOR w:M defendanb, and thst soch
~ r~nf~, profito, lncane, issves and rovenues ihall ba applied by ~uch Receiver according to th~ Itan or ~qulty of atd MORTGAGEE ~nd the prectico of such
~ Gour1. '
0. To d~ly, promptly snd fully pKform, diichsrpe, executa, afFect, complete, comply with end ab?ds by oach ~nd ~very tM ttiput~tlau, ~yreementi,
condit(ora and covrnints fn aid promiasory r~ote and this mortqage se1 fath.
~ 9. That in th~ tvenl The owne?thip of iM mortgaped premi:es, or any part thereof, b~tomes vnted In a ptrwn othK fhan tM MORT(3AGOR, th~ ~
~ , MORTGAGEE, Mt tucceiion •nd assigns, miy, without no~ice to the lV~ORTGAOR, deal with i~ech iucceuor or wtceswr in IntereN with rtftrtncs to thS~
. moriyage and t!a debf hereby secured in tha tam• manner at wRh Mortgagor withovt 1n any way vHiatlnp or d;scharplr?p 3hs Mort9igan' U~btlity l~tn. •
~ und*r a vpon tbe debt lxreby sscured. No sale of the premises hereby mortyagad s~d no fwbesr~nu on d~w part of tM MOitTGAGEE o~ In tuaeswn ~
z~" ~ a auiyru ~nd no extdmion of the time for the payment of the debt hareby iecured 91ven by the MORTGAGEE or it~ wccauori er auiQm, fhall optrate
t:' ro r~t~~s~, dixAsrpa, modify chanye or affect the original liabili~y of the MORiGAGOR herein, ~ithet in whok or ln pu1.
i0. ft h spetifically agreed that tima is of the esunce of thi~ contract and thit no walver of any obli9ation h~rwnder ot of tl?~ obllpatlon ss-
. turai hrrtby shall a~ ar,y Uma thereeftar be held b be a waiver o! the terrrw hereof or of the Intuument ~ewred Mrby. ,
11. In addition to the forcgo:ng monthly paymentt of princ'pal and interesl required by the ptomitsory nole secured hereby, mortyigw corenantt ~
y ~nd ~yrees to p~y to mongagee wilh each monthly psyment ert additional sum estima~ed by mortgagee to be tqua! fo 1/12 of fhe annuel twt of the follow-
~ : ~ ,
A-AU ~esl property t~xes leviec! a asseised sAsinst the +bove desuibcd real estate. ~ ~
B-Premiums on firo and windstorm inwrance a: hsrein requ~re~d to be urried on the lmprovmnent~ titust• on tFk +bpvo desuibad preq~itqt~
C-Premiums on s~~ch mortgaye gvsranty•insurs~ce at mortgagee chali from time to time dtam fif to urry on the ban secured h~Y~~•%
• 1VSort~ayae :hall from ftme to time notify martgagor in writing of tha emount due ~nd payabla hareund~r snd tuth wm ~hall t~~,prti
~ p~yable on tM due date of the r?oxt monthly paymont a~d each :uccessive month thereaftar untll mortgsqee shsN notify mortgag q~
~ . ; ~
amount. Such surru shall tse a I~ed b mort a ee toward tha ment of real '
PP ~ Y 9 9 PaY property faxe~, insur~ncs pramitrms, and mortqa~ a~p` ~j~
~ e•~
~ • prffilcurt~. i~ i c.~ .
i IW WITNESS WHEREOf, the said MORTGAGOR has hereunro :et his h~nd and seal tha da and ysu flnt ~foresaid. `
i~~,~,
f.•,
s~a ar?d de ered tn tFu prasento of: PLASTIC SPEC~IAL`l~ , ,I~DF G~ ' Ry~ON
, •
` ~ am ~ er n ~
~ ' ,
- - n
~ • ~ Attest .
~ ~ ~ ~ ~ _ _ or on , erna , eore ar'y `
~ . - • - ~ - - ~
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~ ' ~ ~ ; STATE OF FlC3RIDA ~
C4UNTY OF ST. LUClE
. ! HEREBY C.~RTfFY, That on thls aay of
- Q em e r , A. D. 1 9~
k...,
befora~ me personally appeared _ William $~therirYCr .nr, a~ G rdor~ g v FernR7 d
!
~ • raspectlvely ~.i~a President and Seuetary of :
f p.A~TTl~ pFCTAT~T~~ CTUEIN / Corppretbn, to me ~
{ , a ~'loz~ida
known to be the persons descrlbed in and who executed the foragoing in:trurnemt, and ~verolly acknowledged the ex~
: cutton~,~~¢.~t.~~ a.r fr~e act sn~ doed a: such offlcers fot `tli~ u~ and purpo~ ther~tn m~r~tioneds ~r~d tfiat they ,
_ a ff i 4 j?~~~~~. ~ sea! o
f ~a k
l corparation, and tha saId tnstrument t: the acl and deed of aald oerporatbn.
A~,,
~ ~ : W ~t-, t~ -.t~idal seal at Fort Pferce - ~ ,
} : ~ a` y:'' , said aour a~d stefe.
_
~ . : . -~.-~i~~ ~ 13Z456
2 , v ~ _
. •''~J?~+`'••. 8 L' i• Nota Publk, t nd for State and Coun afcraaaW.
~ o,~~; ~ ~ f{l AND RECORD~D y Cryommissior~ ~r~: - ~
. Q t~
V 1 t~ 1 Uoo~ My~C.omPm~
on fxpi
es Aug. 6 196~ ~
~ . ~ t_. :`e,~~'~•''~ .°G~ ~4 t~'~-' I I ;.pw,.3• py. . ~ M~erican sur.y?co4otb, Y. ~ :
. M t~.~,'s •j~ G ER POITRAS, CIERK ~ ~ - . : ~
~~,T ~a~~.~` IlCIE COdNTY, fl6RIDl . ~ , ' - - ~
;~J~~~,..~ ~ . ~ . . :
~F .o~`, . R. R:
~ cor~ ~~t~ ~ ' ~ Q ~ ~`K ~
: ++~*d - . - _ .
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