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Home My WebLink About2374 3. To ptace and conrinuously keep on ~he bui'd~ngs now or hereafter s~tuate on said land and on ali equip~nent and personally cove~ed by ~h~s mor ege, w~th all prcmi~~ns d:creon pa:d in iutl, f~re insc.rance in Ihe ~suat sn+ndard po.rc~ form, in a sum aHpru+ed by the h10R~G:+GEE, a~~d w~ndsto ~nsurance in ~he usual standa~d po~~ty Fo~:n, in a s~m approred by the AIORTGAGEE, in wth tanpany or tanpan~es as Ihe AtiORTGAGEE m d~rec~; and all lire a~;d w+ndstorm insurante polic~es on any ol s~~d tw~ld.ngs, any intereit therein or part thrreol, in Ihe aggrrgare ium aforesai~ in excess ~hrrcof, shal! ;ontain the usual ~~a~edard mor~9agee dause or such o~her cla~se as the Mortyagee may requ~re, making tha loss undrr sa~d po c~es, eacA and eve~y, payab:e to sa~d A10RiGAGEE as ~ts ~mcres~ may appear, and each and eve~y such po:~cy ahail be promptly ass gned and de~~vered ti any held by sa~d 1dORIGAGEE as funher aecurity to sa~d mortgage debt, and, ~ot less than ten (10) days in ad.ance oi ~he expirat~on of each po6cy, to d. I~~er ro sald MORTGAGfE a renewal thereof, toge~her with a rece~pl for tha p~emium of such renewal; and the~e shall be no f~re or windsto~m insuranc placed on any ol said 'oui!d~~gs, any intereat the~ein o~ part Ihereof, un~ess in the form and wi~h the loss payable as a(oresaid; and in ~he eve~t any su~ of money becomes payablz ~nd.:r wch polity or poLcies said MORiGAGEE sfiall have the opt~on to receive and apply tfie sarne on accouro oi the indrbted ness secureJ hereby or to permit said rAORTGAGORS to receive and use it W any pa~t th?:~~of tor o:ner pur~ oscs. w;t~rr,t th'~. ill ~3 ""P°" ing any equ~ty, lien or righl unde~ w by virtue of this mo:'gage; and in Ihe event sa:d MORiGAGORS shall fa any reason i3if to keep the said p~em~srs so ~nsvred, or fail to delive~ promptly any of said po!~ues of insurance to said MORTGA~',EE, o~ foil promptly to pay fu~ty any prr~~~~urn thcrefor o~ in a~y respect Iai! to perfo~m, d~scharge, exec~te, eftect, complEte. co~nply wi~h and abide by Ihis covenant, or any part hzreof, said MORTGAGEE may piace a.c pay for such insur..nce or any part tnereof withoul waiving er affecting any opt~on, lien, equ~ty, or r~gh1 unJcr or by virtue of this Mortgage, and the full amo~nt of each and e.e~y such paymem shall be im,nediately due and payable and shall bear interest from tFw date Ihereof umil p~id at the rate o1 n~ne per c~mum per annu:n ~nd to~rthcr with such interest shaii be sxured by the lian of this mortgage. d. To permit, commit or sut(er no waste, impairment or deterioration of said property or any parl Ihereof. 5. To pay all and singular the casts, charges and expenses, ~ncluding a reaso~able aftorney's iee and cost: of abstrads of ritle, incur~ed ar paid at a~y tin•.e by sald MORIGAG£E, because or in the event of ihe failure on the part of the said MORiGAGOR to duty, pro~nptly and fu~~y perFwm, dacharge. ~,ccure, effect, comp:ete, comply w~th and ab:de by each and every the st~putat~ons, agreements, conditions, and covenants of said promissory note end this ,,o~~gage any or e~ther, and sa;d costs, charges and expe~ses, each and every, shall be immediately due and payable; whether or net there be notice dr n,an~, ~ttempi to collect or svit pendmg; and the full a~nouM of each and every such payment shall bea. imerest from the date thereof until paid at the ~.:~e o~ ~~~ne per c..•~rum Ner am~u~~; and all said costs, charges a~~d expanses incurred or paid, together wuh such interest, shall be secured by the lien of this mortgage. 6. Thar (a) in the event of any breach of this Mortgage o? defaull on the part of the MORTGAGOR, or (b) in the event any of said sums of money herein re(erred to E>r not pro,n4~Ny and fuily paid within th,~ty l30) days neat aiter the same seve~a'ty becoma due and payable, without demand or nouce. c.r {c) in tha event each and every the stipufarions, agreements, co~ditions and cove~ants of sa d promissory note and th~s mortgage any or either are no1 iu'y, promptty an;! fuily pe~formcd, d;schargrd, executed, effected, completed, compGed with and a6~ded 5y, lhen in either or any such eveN the said ag- ~regate sum menr~oned in said promissory note then remain;ng unpaid, with inte~est acuued, and aU moneys secured hereby, shalt become due and pay- a~•e forthwith, or thereafter, at the option of said MORTGAGEE, as fully and complete:y as ii all of the sa~d sums of money were onginafly st~pulated rc be pald on such d~y, anything in sa:d p~omissory note or in this Mwtgage to the contrary notwiths~andh~g; and thereupon or thereafter at the opnon of s:.d 1dORTGAGEE, without not~ce or demand, suit af law w in equity, therefore or thereaiter begun, may be prosecuted as if all moneys secured hereby r..:d matured pr~or to ~ts inafit~tion. 7. Tha~ in the event that at the beginning of or at any time pendirg any su~t upon this Mortgage, or ta foredose it, or to reiorm it, o? to enforce ~~;mem of any ciaims hereunder, said MORTGAGEE shati apply to the Court having ju.isd~ction therrof ior the appointment of a Receiver, suth Courf shai! ,,.•~hv.ifh appo~nt a rece~ver of said mortgaged propeny all and s~ngular, includmg atl and sing~iar the ir.come, profrts, issues and revenues from whatever s;~ce drr~.ed. each and every of w6.ch, it being expressly unde~stood, is hereby mortgaged as if spec~(icaily set forth ar+d described in the g~anting and : end„m aauses her<of, and svch Receiver shall have all the broad a~d effect~ve funct,ons and puwers in anywise entrusted by a Cou~t to a Receiver, and s.,ch aapoin~n,e•v shall be made by such Court as an admitted equity and a matter of abso~ute right to said MORTGAGEE, and w~thout reference to the ,~i~~q;,aq or inadequar~ of tF.e vai~e of the property mortgaged or to the so.vency or insoivency ol said MORiGAGQR w the defendants, and that such ~ts, prof:ts, inco~ne, issues and revenues ahall Ee appleed by such Receive~ accurdmg ?o the Iien or eqvity oE said MORTGAGEE and the practice of such Courf. 8. To du}y, prompt:y and fully pe+form, discharge, exec~te, effect, complete, comply with a~d abide by each and every the stipulations, agreements, : ~:;dit~ons and covenaros ~n sa~d p?omissory note and this mortgage set forth. 9. That in the eycnt the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORIGAGOR, the :'~RTGAGEE, in successo.s and ass~gns, may, without notice to the MORTC;ApR, deal with svch successw or successor in iroerest with reference to this o•igage and ~he dcbt here5y secured in the sarree manner as with lJlortgagor w~ahout in any way vit~ating w dixharging the Mortgagors' liability here- ~~~der or upon the de~t hereby sec~red. No sale of the premises hereby mortgaged and no forbearance on the part of the fAORiGAGEE or its successors o~ ass~gns and ~o extens~on of the fime (or the payment of the deb~ h~re~y secured given by the MORTGAGEE or its successws or ass~gns, a~iall operate co re!ease, dscharqe, modify change or affect the originaf liab~~ity of the MORTGAGOR herein, either in whole or in part. 10. Ir is speuficalty agreed thar ti~ne is of the essence of this contract and that no waiver of any obl~gar~on hereunder w of the obligation se- w-_~d here6y shaf~ at any time thereafter be he:d to be a wa+ver of the terms hereof or of the instrument secur¢d herby. ' 11. In .:dd.+:o ~!o the forego'ng month!y paym_nts of princ pal and interest requ~red by the prom sscry no!e securad hereby, mo~tga~ar covenams ~ d egr~es ~e ;:ay ro r~orrgagee r.ith each month;y pay~.ient an add~~~onal wm est~n:ated by morrgagee ro be equal to 1, 12 oi t;ie an:~ual cost of the foliow- A-Ait reai property taars levi_d or assess~d agai~st ihe above describcd reat esfate. i g-Cr~n !u rs cn ilre and viir~dsrorm ~ns~racce as here~n requ~red to be carried en the improvements s~t~ate on the abov~ d:scribed premises. C-Prr~r~u~ns on such mortgage gvaraMy ir.surar.ce as mortgagee shail fro~r: uume to fi~ne deem fit to carry on the loan secured hereby. I! h'.ortgaqee sh,:~ `rom f~me !c rime not~fy mortgago~ In wriung of the amov~t d~e and payable hereundar and such surn shatl thereupon be due and i ,:;b'e o~ rh~ c~ve a.,re of ~h~ r.ext monthly payment and ezch successive rr.onth thereafter ur.tii mortgagee shall rtot~fy mortgagor of a change in such E ,•,~t. Such sums sha.f be applicd by mortgagee toward the payment oF real propeny taaes, i urance prem:ums, and mortgage " araNy insurance .;iums. y year first afor ~ aid. IY 1'11TP:E~S ':.'HER~OF, t sa~d MORTGAGOR has hereunto set his hand and seal the da nd ( S~gned, Sealed and d' ered in the presence of: i . , l~ i , ~ Donald H. DaMeules, a s~ngl~~~ult G (Seal) - ~ i (Sea4 i - S?ATE OF FIORIDA St. LuCis ~ ss' ~OUNTY OF - - ~ Before me personally appeared _ ~n~'d H• ~~81L~'@3~ a$~11g1A aC~lllti .iwrwii~, to me well known and known to rt+e to be ~ ind;viduai~ descr~bed in and who executed the foregoing instrument, and acknowledged befwe me that fhe,r executed the same for the purposes ! rherein expressed. .Awi ~I~e~nii~ -~..ie.~i~~~~~ - ~w~ _~aaara: -~~SY~~?.~aM~w.M'w~~wd~spsrMire~r°iRr7~lAf'1iCibMRd~RIRls1~fldt,~~s~+d~FfeivTAl~f1~Rl~a11!'tl!ClQtlt~' . _v:..y.~~ci.rr.if~.t.aayir+~+~isi~w~r+~«w~~pw.i~ ~~Fe~er•eFerfrerrffie*~lsl~hdsbend.~ .'r~.~\, ,,...JJ~ "12 WITNESS my hand and official seal this_ day of ~ J,' ~•a D. ~ ' = ` ~ ~ Notary Public in and for the Sta Ie~id l3~ge p. . My Commission eapires: ~ y ~ ~ ~J~4' ~~:pu~ . ~ ~ Return io: " ~ ' - 234518 S. .j. ~ > ~ ; ,~JA First federal Savings b Loan Assotiation S ~ Of i;:rt P r•c?. 3~b1~~ l~ ~~Gi~l~~ ~ r~~`~y~ c~~f P~~~«~. Fi~~,~da fILEO AM[ AECOROEO 'tD,r,S '~'~4 w:f:,.~;:~~tv S?.lU~".it COUNTY fLA. ~ RY ,c, '''~:~~~;:nt~ AGG=:. =,~,T3A5 ~l . . 'r. ~..T_ CLrF!~ C; .:,~.F CCU4T r, F,",'"' . r pcr~ar ~ This Instrument Prepared By dOhI1 W. C0~~13 p " -,,-~5 ~ First Federa! Savings 8~ loan Association ~i 1 l 03 1 M~1Z of Fort Pierce ~ Florida Ch2cke~ By ~ ~ BDOK~O4 PAGE~~ ls ~ . . . ~ ~ . . - Ft~:» C . - w v,?' . . -'~'~r- `5~e,..~~ ~ ~ i ~_'3 _ . ~ r~'~.~~-'.°'~:e~r ~