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To p4c~ ~nd oontiewiously khp on tlr buitdinps ~ow w h~reahK utuaN on s~id land ~e~d on dl puipm~et ~~d pKwnatiy covNtd by this mwt~
ap~. wtth ali prtmiuaq tMrton paid in fult, firt i~s~rarttt ~n tM vswl stards~d polity form, in ~ ium approwd by the MURiGAGEE, and wirKhtorm
~n~ur~na in ?M uswl s~andard pol~cy form. in • ~~m ~pprov~d by th~ MORTGAGEE, in such compa~y or compani~s u tM MORTGAGEE ~++ay
direct~ u~ all fin ~~d wind~wrm irawana policies on ~ny of said buildinp~, any in~~rKt tha~eie or part theraof. in tM ap~repa~~ swn +faesaid a ~
in •xeeu lhwyof, ~MII cont~In th~ ~nw1 st~odud mor~gagee clww w wch otha ci~vse ~s th~ Mortqsg~s may ~equu~. m~kinp tM loss uodsr u~d po1F
ues, eacl ~nd ~v~?y, p~Y~bl~ ro~id MORTGAGEE ~s in in~ereit may appear, and each u~d ~very tvch polity thall b~ promptly au:,~ned u+d d~livKed ro ~
sny M~d by s~id MORTGAGff as furtha uswity to said martyaQe debt, and not ksi ~han teo (10) days in advante of the txpiration of each poliq, to dr
I~v~r ro~W MpRTGAGEE • r~nswal thvwf, topaMr with • ~ecetpt fw the premium of such renewal; snd the~e thall be no i"ae w wi~+dstorm ins~ranc~
placed on ~ny of said buildinys, ~nr infe~est tha~in w part tMreo(, unleu in r1K fwm and wieh ~h~ lou payabb as alaesaid; ~nd in IM ~v~nt any ium
of moMy baornN p~yabl~ ~ntlM wd~ policy or polKies said MORTGAGEE sAall Mw tM option ~o receive and ~pply the s~m~ on account of the indabted~
~e~s s~tw~d INr~by a a petmit said MORTGAGORS to receiw and u~e it q any part lhereof iw other purposes, wi~hout thcrtb/ waiving w~mparc-
~^9 s^Y p~tity. 1it~ p ripht undN a by vLtw of this mortpspej u~d in tM ~vent iald MORTGAGORS sMll fw any reaton f~il to keep the said premises so
insu~ed, w f~Il b dtlivar promptly ~ny of said policies of i~sw~nce to said MORTGAGEE, a tail promptly to p~y fully iny premivm therefor or in any
rospect fail b pufwen, diichuq~, e:~cut~, ~ilec4 comptete, comply with and abid~ by thi~ cowna~t, a any pa~t Asrso;, uid MORTGAGEE may pJace and
wr Fa wc6 ieawano? or any puf tFweof wi~hout waivinp or affactirq any optiwy li~n, puity. or rgAt unda a by virtw of ~hi~ Mo.t9ape, •nd ths
full ~aqunt of ~ach and w~ry w~h p~ym~nt sh+~~ be ~mmed~~tely dw ~nd payabl~ ar?J shall beu interest irom th~ d~b Hx~eof v~~s~ p++d •t rM rate of
"~ne Ps~ c~ntum p~r annum and topether with s~?ch inte?est shall be ucv~ed by tM IiM oi tlus mwtyape.
1• To pumit, oonwedt ar wff~r oo wute, Impairmem w deterioratiw~ of said property o? any part thereof.
S. To pay all and sh~Qu1M tM cosb, cMrqsa and expeoses, includiny a re~son~bk attorney s fee snd costs of ~bstracn of title, incvrnd or p~id a
~ny H~?~e by said MORTGAGEE, b~cau~e or in tM svent of the failure on the parl of tM said MORTGAGOR w duty, promptly and fvlly ps?fam, d:uherq~c
~xrcuts, ~ffsct, compkte` oomply with and ab;de by each and every the ttipulations. ~greements, cw~ditions, ~nd cow~?ants oi said promissory note and ~hii
mwtq~qe any or ~ilha, and said eosn, chuyes u~d expenses. esch and ~very, sMll b~ immed~ately due ~nd p~y~ble: whethsr or not there be r.otice dr
mend, attempf ro oolkct or wif pendirg; and th~ fv!! amount of exh u?d every such psyment ihall bear inte~est from tM date thereof until p~id at th~
rare of nine per eentwn per sru~um; ~nd all uid costs, cFwrges and cxpenses incvrred a paid, togethe~ w~th such iata~at, shatl b~ setursd by the li~n of thi~ i
morty~. .
6. ~Mt tn th~ ~vent of any breach of this 1Norrgaye ar delwlt on rhe part of ths MpRiGAGOR, or (b) in the ~vent any of said wms of money
herein r~ft~nd ro be ~wt prompNy and fully paid within thirty (3p) dayi next afte? the same uvcrolly becpne due and p~yable, without demst~d w notite,
or (c) I~ tM w~+?t each and every tha stipulations, sgreements, conditions and coven~nn oi s+~d promiuory eote and th~s mortyap~ any a ~ither are ~04
iuly, prompNy and {~IIY psr{wmed, discharged, exetuted. effeded, completed, complied with ~nd ab'~ded by, then i~ e~ther w ~ny such event th~ said
preyat~ wm eMntioned in ssid prOmissory note then remaininp unpaid, with inte~est atttued, and all moneys aetvred 1?~reby, sMll beaae~e dw and pay~ ~
able fwthwitly Of fhffNRN. at tht option oi isid MORTGAGEE, as fully and completely sa if all of the said swns of money were wginally itipulstsd
ro b* pa;d en wch day, any~hing in said promiuory note or in this Mo?tgaye to the con~rary notwi~hsundinp; and thereupon w thereafter at the option of
seid MORTGAGEE, witho~t notic~ a dem~nd, wit af law w in puiry, therefore or t!?ereafte~ be~~ry may be pro~ecuted ai if aU ~na~eys aacv~ad hertby }
nai! matund prior to in lnstitution.
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7. That in the event that at tF~s beginning of w+t any time pcnding any wit upon this Mongage, or to forsclos~ it, w to rofwm it, w to enfwp
payment of any d~ims hereunder. ssid MpRTGAGEE shall apply to ttx Court having jurisdrctan theraof for th~ appoiMmtnt of ~ Receiver. such Covrt shall
Forthwith appoint a rece'rvtr of sai~! morig~ged prpperty all snd singvlar, includ~rg all and singulsr ~hs income, profin, iuues and rewn~res from whatevtr
wurce derived. e~ch ~nd ~vsry o# which, it beinp expreuty untkrstood. is hereby mortgaged as if spet~fic~lly set forth a~d dett~ibed in th6 pr~ntinp ~nd
habend~m dau~es hereof, and such Rrceivtr shall have a!! the Moad artd effective funcnons and powas in ~nywi:e entn?sted by a Court tQ ~ Receiv~r, ~nd •
such sppointment shali bs en~de by such Cour1 at an sdmitted equity a~d s mstte~ of ~bsolute ~ighl to said MpRTGAGEE, ~nd without ~eference to th~
adequaq or in~d~qwcy of ti+e vatue of ti?e propery mortgaged or to the sonrency a i~solvency ot said MORiGAGOR or the defendanq, and that such
ren», profits, income, iuues and ?wenues shall be applied by such Receive~ accwding ~o the lien or eqvity of s~id MORTGAGEE ~nd the practio~ of suth
Court.
8. To duly, promptly snd fully pe?form, d'acharge, execute, effect, complete, comply with and abide by each ~nd every the stipulations, ~grssrt~snts,
conditions and covenanta in said promissory no~e end thi~ mortgsge aot fa~h. ,
9. That in tF?e event ths ownership of the mortgsyed premises, or ~~y part thereof, becomes vested in a penon other ths~ the N1pRTGAGOR, tl+~
MORTGAGEE, its succeuors and auiyns, msy, withou~ notice to the MORTGAOR, deal with such succeuor or ~ucc~ssor in interest with refer~nte to this
mortgage and the debf hereby setwed in the ssme manner u witb Mortgaga witl+out in any way vit~Ninp ot discharying the Mortysgors' liability hert ~
under or upon the debt hereby secured. No tale of the premixs hereby mortgaged and no fwbearanu o~ tl+e parf of the MORTGAGEE a its succeuor~
or a:signs and no extensiw~ ot the time tor the payment of tke debr hereby secured piven by the MQRTGAGEF or its successors w ass;gns, slul) operats ~
ro re~ease, di~tMr~e, modify change or affect the original liabitity of the IMipRTGAGOR herein, eithe~ in whok w in put. ~
10. It is specifiu~ly agreed that time is of the essence of this contract and thst no waiver of any obligation hersunder or of the obliyation se-
cvred Mreby ~Full at any tims thereaher be held to be a waiver of the terms i+ereof a of the Fnstrvment secu~ed herby.
1 i. tn edditio.~ fo the forego:ng monthly paymenfs of princ"pal and infeiest ~equi~ed by the promissory note secured he~eby, mo?igagor crnnnants
and agrees to pay to mortgagee with each ma?thly payment an addirional sum estimated by mortgagee to be eqval to 1/lY of the annual cost of the follow-
ir~:
A-All reat property taxes kvied or assessed against the above described real esrate. ~
B-Premiums on fire and windstwm inwrance as herein requ~red to be urried on the improvements situate on the above desaibed premises.
C-P~emiums on such mortgage guarsnty insurance as mwtgagee shall from time to time deem fit to carry on the Ioan setured hereby.
Mortgsgee shall from time fo time notify mwtgagor in writing of the amount due and payable hereunder and suth sum shatl there~pon be due and ,
payable on the dve date of the next monthly payment and each successive month thereafter until mortgagee shall notify mortgagor of a thange in suth
eTount. S~ch wms shall be applied by mortgagee toward the payment of real property taxes. insurance prem:ums, and mortgage gusra~ty insurance
premiums. '
IN WITNF55 WHEREOF, the s+id MORTGAGOR has hereunto set his hsnd and seal the nd yt+r fi sforesaid.
S'qrwd. Sea and de ' d in the resence of:
~J J
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~ "~~n
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STATE OF Ab~f~n7c lb~C~G~C Ne~ York ~ .
courm oF ~_..,~YLhr `/o
e~r«. m. ~..o,,,u,, ,~.a«a _ Joaeph 0. LaBonte, a single adult ,,,d
~vai~ to me well known and known to me tu bs
the individw despibed in ~nd who eaecvted the foreyarg instrument, and acknowtedged before me that 36~r executed the same fat the purpo~es
ehtr~tn uep~~d. ~~~Z Z'le
~a~~~ .
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WiTNESS my I~ar1d offiCial asal thi r~y~~ day of a n. i9 66
e
~ ~ Notsry Public in s fw Ix Stste ~t~ar~ ` }
t.; 1'. I~ " • MY Commission ' es: . `
• ue~urn ta FILED AND R~CORDE6 Ne~ YoY'k ;
F"" s'"j"~' '"~'°'"~'P: LUCIE COUNTY. FLA. ~ ~
~ ' ~ ~ REC D VERlFlED ~ ~A }
•~ptY Dierce; EIb"rida ~ ~ G 2 +
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~ r • . • ~o~..~~°Ga~ ~
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CLERK CIRCUIT COURT ~ p`~j f ,
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eooK 151 302 .
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