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Home My WebLink About0267 9. To plec~ and continuovsly kNp on ~M buitdinys ~ow w hsrea(tN tilwt~ on iaid l~nd and on all cquepmen~ ind perionally covered by ~his morr¢ i p~. with ~11 pr~miunu ~hsnon pa~d in lutl, fire insur~nce in ~h~ usual s~anderd pol~cy lorm, in a ium appro~ed by the MORtGAGEE, and windstorm imw~nce io li?~ uiwi iunda.d pol~cy fam, io a ivm ~pproved by tF+e N10RTGAGEE, in ~uch company o~ compan~es as th~ MORTGAGEE may dinttt ~nd all f'u~ ~nd windsrorm inturance polici~s or~ any of ~aid build~nas, ~ny iM~rost Iherein w pa~1 ther~oi, in tl+e agqreyste aum ~faeaid a In ~actss thcnof, sMll coMain Ih~ ui~al s~andard ma~pspee claus~ a such otha cl~uie ~s IM Mw~pa9es may reqv~rs, mal~i~q the lou vi+da u~d potF ciy. ~ach ~od ~very. psYabl~ to said MORTGAGEE ~s its in~ere+1 may ~ppaar, ~nd each and ~veay ~vch policy ahaU bs p~omptly ass yned and delivered to ~ny h~ld by ~id MORTGAGEE a~ (ur~her seturity to said mortya9e debt, •nd, not I~u than ten (10) d~ys in advance oi the expiration of each polrcy, to d~- livH to said MORiGAGEE ~ re~+ewal thereof, Iope~Mr wi~h • receipl ta the pr~mium of a~ch ~enewal; and there sMll be ra f~re or w7radsto~m insuranc~ Pl~ad on ~~y of said buildinp~, any infe~est lhsrsin a p+rt thereof, u~less in ths fo~m ~nd with ~M lou payabl~ at afaetaids snd in the event any ~um of mon~y becynes pay~ble under suth pol'icy w policies said MORTGAGEE shall Mw Ihe option to receive and appty 1he same on accouM of tM indebted~ neu iKV~~d Mrdby a 10 plrmit said MORTGA('iORS fo rtCeiW ~nd uN it O? any part the~eOf fa mhci purpOSes, wiihout th~re b~ waning or ~mpair- irg u+y puiy, lier? or rght ~nde~ or by virtw of tA4 mortqaqs; and in Ihs ~ve~t uid MORTGAGORS thall for any ~eason fail to keep the said premi~es so insured, or f~ll 1o dsliver promp~ly ~ny of said policlp of insvrance to said MORTGAGEE, or /a~i promptly to pay fu~ty any pre~nium the+efw or in any rrcpact fall b pafam, dixharga, executs, sifect, comp{ete. comply wi~h ~nd abide by this rnvenanf, a ~ny part he.eof, sa~d MORTGAGEE may piace antl pay fa such insuranc~ or ~ny part tF?sreof withouf waivinp a affectinp any optio~, litn, eq~ity, or rigM u~der o~ by virtw of thi• Matqage, and the fult ~nwunt of Nth u~d ev~ry i~th paymeM shall be imrnediately due artd pyabls arx! iF~sll bear inte.esl from tha data thcreof until paid ~t tM rare ol nlne per ce~tum pa~ annum and together with such interest shall bs secured by tM lie~ oi this mwt9+9e• ; 1. To permit, ewemit or wffa oo wa~te, impairment or deterioration of iaid p?operty or ~ny patf tAereof. ~ i S. To pay all ~nd sinpular t!» cotts, tharoes and expenses, i~cluding s ressonable attwney i fee and cos~s of abstracts ol title, incurred or paid et i any time by said MORTGAGEE, batsuse or in tl+e even~ of the fa;lure ai the part of the said MORTGAGOR to duly, promptly and fully per(wm, d~stharge. execute, et(ect, complet~, comply w~th and ab:de by each and every the stipulstions, agreemcnts, cw+ditidu, and tovcnants of said praniiwry note and thi~ mortgafle any or ei~her, and sa~d msri, charges and expenses, each and every, shall be immediately due artd ~psyable: whether a not there be no~ice dc . mand, ittempt to colkct or wU pendi~g; uxl the full amouM of each ~nd e~cry tuch payment sh~ll bea~ interest from ~he dste thereof unril p~id at the ; raro of ni~e per centum per an,wm; aod all said costs, charges and expe~xs incurred or paid, together w~th such interest, shalt be secured by the lieo o! thu rtW?t~~l. ~ F b. Thsl (a? in the event of any breach of this Mortyage or default on the part of the MORTGAGOR, ~w (b) in the event +ny of saPd s~ms of nwney herein refrred to be not prompNy snd tully psid within thirty (30) days neat afeer the same sevarally become due and payable, withoW demsnd w norice, or in the event each and ~very the stipulatio~s, agreemenfi, conditions snd covtnants of sa~d promissay note and th~s mortgaye a~y w e~ther ~re nol iuly, prompNy and fully pe~fwmed, d;sch~rged, executed, effected, completcd, complied with ~~d ~bided by, then in either or any such eveM the said sQ gregste sum mentioned in said promisswy note the~ remaining unpaid. with imerest accrued, and al! moneys secured he~eby, shall become dus and p~y~ able fwthwith, or thcreafte?, at the option of aaid MORTGAGEE, as fully and compktely as il all oi the sa~d sums of mo~ey were a~ginally st~putated to be paid on such day, anything in sa~d promissory note w in this Mwtgage to the contrary notw~thstanding; a~d thereupon or lherealter at the option of sa~d MORTGAGEE, wlrhout norKe or demand, svit at law a in equ~ty, thcrefore or Iheteaher begun, may be prosecuted as if all moneys aecured 1~e~eby had matured prqr to it3 institutqn. _ 7. Th~t in the event that at the beginning of or at any time pending any suit upon this Nbrtgsge, or to fweclose il, or to refwm it, or to enforce paymint o~ any claims hereu~dtr, said MORiGAGEf shall apply to the Court I+aving jurisd~cfion thereof tot the appoi~tment of a Receive?, suth Cburt shall fwthwith ~ppoint a receiver of said morigaged property all and singular, includ~ng aIl aod singular the income, prof~ts, issues and reve~ues from whatever source derived, each and every of whKh, it beiny expreuly undentood, is hereby mortgaged as if speG~iully set fo~th and deuribed in the granting and habe+~dum d~uses l+aeof, ~nd such RcceiveF shall have all the b~oad a~d effective funct~ons and powers in anywise entrusted by a Covrt to a Receiver, and •uch appointment shall be mads by such Court ~s en admitted equity and a matter of absolute right to said MORTGAGEE, s~d without referente to the adequacy or inadeqvacy of the valve of fF+e prOperfy mprtgaged Oa to the soHency or insolver+cy of said MORiGAGOR w the defendants, and thai such rents, profits, mcome, nsues and revenues shall be applied by fUCM RKlIVQ/ KCOfd~l~ 10 tF1Q IIM or equity ol aaid MORTGAGEE and the practice of such CouA. 8. To duty, prompTtp and fully perform, discharge, execute, effect, complete, comply with and sbide by eatF~ and every the stipulations, agreert~ents, corxlitans and coven~nts in sa~d promiswry note and this m«tgage set fwth. 9. That in the event rhe ownersh~p of the mwtgaged premises, w any part thereof, betomes vesttd in a person othar thsn the MORTGAGOR, ths MORTGAGEE, iti successon ~nd auigns, may, without notice fo the MORTGAQR, deaf with such successo~ q successw in interest with ~efcrence to fhis mortgage ~nd the debt hereby xcured in the same manner as with Mortgaga w~thout in any way vitiating or diuha~g~ng the Mortgagors' liability F~crr under w upon the debt hereby secured. No asle of the Fremius hereby mwtgaged snd no forbearance on tF~e part of ~he MORTGAGEE o~ iri succeuors or auigro and no exier.sion of the time for tFro payment of the tkbt hereby secured given by the MORTGAGE£ or its svtctssors w assigns, shall operate to rekase, dischar9e, modify change a aitect the orginal I'iability of the MORTGAGOR herein, eithe~ in whole or in put. 10. It is spec~fically agreed that time 'q of the euence of this contrad and that no waiver of any obligation 1?ereundcr or of the'ob;igation sr cured hertby shall at any time thereafte~ be held to be a waiver of the term~ hereof ar of the instr~mem secured herby. 11. In add;uon to ihe forego:rig monthly paymenta of princ'pal and inte?st required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mongagee with each monthly payment an addirio~al svm estimated by mortgagee to be equal b!/12 of the annual cost of the follow- ~ng: A-Atl real prt~perry taxez kvied or assessed againsf fhe above described real estate. B-Prem~ums o~ fire ar~d windstorm insurance as herei~ requ~red to be carried on the improveme~ts situate on the above desc~ibed premises. C-Premiums on such mortgage guaranty insurance as mortgagee shal~ from time to time deem fit to csrry on the ban secured hereby. Mortgagee shall from time to time norify rtw.tgagor in writing of the amount due and payabte hereunder end such wm shalf tf~e~eupon be d~e and ~ayabk on the due date of the next monthly payment and each successive month thereAfter ur.til m«tgagee shall not~fy mortgagw of a cfiange in such amount. Such sums sh.all be applied by mortgagre toward the payment of real property taxes, i~svrance prem:ums, and, mwtgage g~aranTy insurance p~emiums. IN WITNESS WNEREOF, the_ said MORTGAGOR has hcreunto set his hand a ~1 the day a year first s said. sgoed, kd ~~d i~e.ed rhe P?~~ of: F lE0 AN~ iIECQ~~ RO,EIICP~RA4 L ` Jos h 0. a on e ' ; CtER Yf RRf EO (Se.n ~ ItECaRO O ~.n ~ . t~r ~ 3 ~ ~ sro,1E oF F~oaio~ ~o~,~ ~ _ St. Lucie ~ ~ 2cos~3 ~ ~ 8efore me personally appeared JoseTh 0. LaBonte. a si nRle adult ~ ~ his wife, to me well knawn and known to me ro bs rhe indiridwt~ desuibed in u~d who executed ~he iore9oinp instrumant, and sckrawledped before me that ~y executed the same for tl+s W+?Aoses rhtrein fxpteited. ~ WITNfSS my hand ~nd officia! seal thi day oI A. O. 19 Notsry Pu in and for tFx ate of Fbrida N l~ry~ Retvm To: My Com uion ~apires: 6, ~ 9~r ~ ~ fi~sf Federal S~vinps 3 Laan /lstociat'an ~ ~~~?t I1J~~, ~ , ~ Nctary Pu~f:c. ' zt Of Fwt Pierce. S.dtt Q~ a Ftori_ fO/f Pierce. Florida MY ~i:.1:,;.J;SlJ!! E i[~{?ZS I~ii9. 6. ~n ' _ ~ _ ~ ~l. ~....e ~r F.. + e,~..Mn cn. ; C •`r . I;_ - : ; ~ ~ J ~ This Instrument Prepared By J• D. Cjga~ th~{~ ~•;'F~' ~ ~ : : First Federal Savings b loan Associafion : r:.~.::;: d`; of Fort Pierce~ ~lorf da ;r'' ~ ~~Q ~ c~~'•••....: - -Q~---_ ~4. . S . ?~ti.`. <i Checked By ~ ~~`~~+t:~t•~»~~s~•r, ~0~~1$$ ~ ~S7 ' ' ~ ; u ~ .s~~.~ ~ . _ . _ _ _ _ v~