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HomeMy WebLinkAbout0456 J. To ;~'sca a~d conr~nuous~y kecp on the bu~'d~ngs now or hereaiter a~t~ate on sa~d tand and on att eq~ip~nent and personally covered by this mor :1:7C, Ni~!F1 d:~ E;t~•~li:~::~5 ~~~cfa•Of1 ~%o~C~ ~f1 fu~~, f~f~ I~:SU~a~:Ci: i~1 t~lc' ~SUdi St3~~~~'(~ ~lO~.~Cy fotm, in a Su~ll J~.~fOYEd by t~~t Muk~~:.VEE, ~~~d w~~~(~S~O r~sursnce in ~he uwai s•~:~d.~~d {•o:.cy ionn, in a wm aHpro~rd by ~he h10RTGAGEE, in su:h co~r.pany ot compan~es as the I.tORlGAGEE m d,rccr, and ail I~rr ar.d w~ndstorm insurance po~~c~es on any oi sa~d bu~'d,ngs, any interest therein or part thareof, in ~he agg«~ga~e sum aforesa~d ~n eac~~ss th:veoi, sh~ll conr.~in the uswl irr~d:,~d mo:~9~goe ciause or such mher clause as ~he 1Aortga~ee may requ•re, making thr ~oss ~ndrr s.+~d po s. e~ch ar,c~ cvery, pa..i~'e to sa~d .~10RTGAGEE as ~~s interest may appear, and each and every such pa::c~ s~~alt be promptty assg~~rd and de:ivcred ~ en~ hr!d t~y S:~J ':O~`.vAGcE as fur~her s,:curity ro sa~d n,ongage deot. and, not tess than ~rn ~10) da~s in ~d.~~~ce of the expirat~on of each po:~cy, to d. I.~er ~o ss~d td~RtGAGiE a r~•newai thrreof, ~oge~her with a rece~pt for the pram~um of such rene.+a'; and ~here sha~l be no Gre or w~~~ds~o•m insuranc p!aced on a~~y of sad 'ovi'd.~~gs, any in~~rest there~n or part thcreof, un'ess in the foim a~ed w~!h ihe loss payab!e as aforesaid; ar.d in the e~eN any sun of monf'y VrCO~neS paY~b:z ~nder s~ch pol~cy or pol~c:es sa~d MORTGAGfE sh~ll have ~ha opt.en to r~c•_~ve ~:~d apy,'y ti~e sa~nr on account of the inda6trd .~~ss s~c~..red t~ar~uy or lo permA se~d MURTGAGORS to ree~ive ar.d use it Or any part 1he;co{ tar o:~:• r pur. .^,s~s. ..~n+ovt ~h ~r ~J ~':'~~~r ~ng any eq~~ty. I,en or r~~ht under or by vutue of this mcr'~agr; and in the event sa.d MpRTGi~GORS sh~!I `.o~ any reason fa+l to kcep the saiC1 p~emi3_3 so nsur~d, o~ f~i1 to d-~:~~er pro~n;:t~y any of said pol:cies of insu~ance to sa~d MORTGAGEE, or faii pcomptiy to pay fu~ty a~~y p~r~n:,;m therafor or in a~y r_~:p~•u fa~t to perEorm, d~sch~r Je, ea~ure, effr:t, co~~p!et~, co~nply wi~h and ab~de by th~s covenant, or any p.~re h:~eof, sa~d MI~RT:~i~GEE may p~ace a~~d p: ~ for s:,ch insur ~nce or any part tt~ereof w~ehout waiv~~~g or afFecting any opt~on, lien, equ~ty, or r~~ht under w by virtue of ihis A'~ortgage, and the ~1 ,~,no.rnt of edch and e.er~ s~ch paymrnt shall be immediately due and payab;e ai~tl shail bear interest from the data thereof untii p~~d a~ the ~ate o1 _:e pr~ :_~r:tu~n H~~r a~i•r,;:n ~nd tJ~_thrr ~ni!h s~ch interest cha~+ be itcur<d by th@ li@n Of thi3 mOttgagB. .t. io Fermit, comm~t or wifer na waste, impairn:ent o~ drterorateon of said property ot any part thereoE. 5. To pay all ar.d s~ng~lar the costs, charges and expenses, indudin~ a reasonable attorney's fee and coses of abstracts of tiNe, incurred or paid at ~•~y f~ ~ r by s~~J A10RT~AGfE, because or i~ the evem of tha fa,iure on ~he part of the said MORTGAGOR to duty, pro:nprly and f~~fy perform, d~scharqe. r, rfi~a, cc~~~p rre, co~np.ly .r~th and ab:de by each and eve~y the st~pclauons, agree~nents, cond~t~ons, and covenants oi said prom~ssory note and thls ,,rrg,3e any or e~!hrr, an~ sa:d cosrs, charges ar.d expenses, each and every, shall be immrd~ately due and payable; whether or not ehc:e be norice d~ ar<< .~pr to co:iect or sult pand,ng; and the full amo~nt oi each and every svch payment shall bra. interest from the date thereof umil paid at the • ~..,..r :_,.c~~~: t.;,n: ::nd ~~I sa~d c~sts, charges and ~.penses ~rxurred or paid, togatF~:r wah such interest, shall be secured by the Ilen of tha ~T~orrgage. 6. Tha+ ~a1 in the evant of any breach of th~s Vlorrgage or deiault on thw part of the MORTGAGOR, or ;b) in thr event any o( sa:d sums of money t,:~r,.~~n .efarred ~o be r.ot prv~~E,tiy and ful~y pafd w~rh~n rh~rty i30; days ne,~f a~+_~r the san~e se+era:'.y Ceco~ne due and payab!e, witho~t demand or no~ke, _~(c) in thr event aach and ever~r ~he supulat~ons, agrerments, cond~'~ons and covenants ot sa.d pron~issory note and th~s mortgage any or either are no1 ;~~'y, ~,ron,E:tiy an;i fu:ly perfor~t:ed, d scharged, execured, effected, comp~eted, compl;ed w~~h and ab~ded Sy, ~hen in enher or any such event the sa~d ag~ :~•,~ata w~.~ ~nrnr~o :ed in sy~d pro~mssory ncte thrn iemaini~rg unpa~d, with interr,t aur~ed, and a~i moneys setu~ed hereby, shall become due and pay ~ iorrh,ti~th, er tF,_~r•_aFr~r, at the cp~~on of sa~d h1G~2TGAGEE, as ful~y and comptetely as i1 acl of ~he sa~d swns oi money were or~gina~ly st~p~:ated c>a.d on suc!~ d..y, anyth~ng in sa.c' pro:n;ssory nota or in this Mortgagr to th~ coritrary no~,v~ihstand:~ig; and ~h~reupon or thereatter ai the op~~on of 1 t:,ORiG :GE~, N~TP.cvr r:ot:ce or den;and, suit at law or in equ~ty, therefore or thereaher begun, may be prosecuted as if all moneys secured hereby . ~.f ;:iaturcu pr.or tp ~is u-~strtvtaon. . 7. That ]n the e~ent that at ihe beginning of or at any time pending any su~t upon th~s Mongage, or to fo~eclose it, or to reform it, or to enforce ,•;•ncnr ef a~y c.~ ~~~s h~~~eu~~d~r, said tAORTGAGEE sha~: app!y to the Co~rt havi~,~yrisd'+ction thcreot,~o~;fhe appoint~nent of a Receiver, such Court shaH ~ ,•.:•h 3~ e c~•~t a r•; ce~.er of s3id mortgag_d prop~•rty all and s~ngular, inc;:~ ng a:l and s~ngu~ar the ir.co~pe~pTOtil~, iss4es~nd rever.ues irom whate~er .'._~~:e:i, e: ch and every of wh.ch, h be~ng express!y undersrcod. is ~er.,by mo~tgaged as. if speuficaity set; t0~th an~ described in the g~antin~ and ~l., n c a_ses F'Jr._p~, d.^d such Receiver sha;; have ai! the broad ~nd etfectWdiurtct,ons and powe?s irt ari~~y~e~;~j~ usf4Jby a Cou~t to a Receiver, ar.d . ,;,.~~o::,n,~~,,r sh~~: b~ r.ade bv such Couit as an ad•utr~d equity and a mat~_o~'absolutc ,rigM to se~d+YdURTGAGEE, and without reference to the ,,.:c~ or ~~~a~+~,~,a;t of tt:e vaEue of the property mcrrgaged or to rhe so.veQ~y.or jnw~vency oi sa~d !L1pRiGAGOR or the defendants, and ~hat such s. ,,~oi^s, ~nc= e~, ns„es and rever.ues sha+l be app~~cd by such Recr~ver at!ord~~~g to the fie~ or rquity Qf sa~d MORTGAGEE and the practke of such ~_oort. 8. To dv'~, c.o^~~.t'y and ~ul~y pe~[oim, d~scharge, exewrr, effect, complete, comp'.y w~~h and abide by each and every the st~puiations, agreements, ~~n~ens ar.d co~:r~~ar.fs ~n sa~d pramissory no!e and th;s mcrtgagr s~t fo:th. 9. IFa~ in ih~ e..~ u the ownership of the mortgagad prem~ses. or any part thereof, 6ecomes vested in a peison o~her than the MORTGAGOR, the l_'R'GaGc ~~rs s;cc~ sso•s a~;d ass.uns, may, wirhout norice to ~he •'.10RTGAOR, deat wnh such wccessor or auccessor ~n ~nterest .v~~h reference to this ye o: 6~t.c d-~a ~,~r~•L•y secur~d in the same manne~ as w~rh lAertgagor wrthout in any way vit!atiny or d~scharg~ng the Morsgagors' liability here- or u~ o~ rh~ d,:r h_~e:~~ secured. No saie of the Frenuses hereby mong;ged ard no fo:bearance on the par~ of rhe NiORiGAGEE or its successors '~ts ~•,s a~ d• o exr,~• s:on ot ihe r,:r,e for thz fayn:.ent ot the debt here~y SCN~2C~ (~iVG~1 by the h50RTG~GEE or its successors or asigns, ~~~all operate :L~~asa, d.~che:ge, mcd.fy ~!1a~.ge or affect the orig,nat liau.!,ty of the N,ORiGAGAR herem, either in whoie or in pa~t. •.0. It +s sc:~z f::,,~~y ::meed rh~t t~~~,e is of the essence of this contrau and that no waiver of any ob!~gaf~on here~nder or of the obligation se- _-•.d hrrecy s!.a:• at anr tu•.r th~reatter be hcld to Le a wa~v~r of the terms hereof or of the instrurrcro sewrcd hrrby. I! I-, .,:f.~.: to rt forege ~,7 c.onsh!y paym ~nis of p~i-c pa1 artd ~nt?rc'St requ~red by the prom sscry no'~• s~:~.ed hcr-_b f, mo:tga~a: covenants _-_s ::a. cc ~.,,:h ~•a_h ::~on+h y;;ay~ enf an add ;~onaV w~n ~s: :r;~ed by .^.,o~tysgee to be eyua~ to 1 12 of i:,~• a«:~ual cov of the toliow- ~:.a' , •rr r.a,~~s ie:;~:: or assessco aga~~~st thc acove descr~b,d ~:a~ essate. 6~ r ,~•ci v::~,dsto ~rsw~::ce as i~e•r~n r:q~ red to be carncd en the ~m;;rovements s:t~ate on th: a~ove d_st*~bed prem~ses. C Pr_ s c~ :.-:ii r ort~,ac gca~3~:ty ir.w~a~ ce ds ~ncrryagee sha~l iro•T• t r~e !o t:•r:e deem fft to ca+ry on the loan sewred hereby. ~ rg+ to s~~.':e nce~f~ mwt~,ger ~n wnnng of ihe a•--o:.~~t d~e and payab:e hereundar and such su~~ sha;l fh~~reupon be due and i ' • ' f ~•'o ~ r.. er rhe ~,:-•,t n,ontn:; pay~rent and each successive ~r.on!h thereaftar vr.t~i mcrtgagee sha!I not.fy mortgagor o4 a change in s~ch ~ . 5~_h s~ i;e ~c~~ :~~d i~y mortge_ re tor:ard the paymeni of real property taaes, insura:xr prem.ums, and rr.ortgage g~aranty inwre~te ~.,~s. f 4V :~:T :E~S :.H:R~OF, the sa~d MORTGAGCR has hereunro set his hard and seel the day year first foresaid. - i ned, Sea'ed a~d delrve~ in thg presence of: ' ~LL - - ' ~ ~ (Sea4 ~ - ~ - - , ~ eph O. LaBonte lseaq ~ ~~111°~~ - - - ~ v~ - (sea~) ~ - - - - - (Seap ~".~~E OF fIOkIDA ~ SL__ Ll1C1Q ~ ~J'~TY Oi - - - - ~ Be~ore me erso~all a .~OSQ ~l LaBonte, a single ddUlt ~ p y ppeared - lpcmt~C to me well known and known to me to be ind~.~:l.,a: d:sv~ced in and who executed the foregeing instr~meM, and acl.nowfedged before me that he exewted the same (or the pu~poses r'•- •ein expressed- Iwa..li~w~ - ~ wi~.y~1i`.i - - - - - - - - ~ W!i~~[SS my hand ard off~ral seal this__ 14th day of AU USt _••~j ' t=/ ,~•~'y~,'D, 19 72 ~ • • ~ i-_. . . i.~- ' . . . . y Notary Pvbl~c in a~d fw ibt Sta~s P(,flor}dr at-lugs > My Comm~ssion expires: ' " ~ , ~ Re!vrn To: nQTAA~f~~~U6lIC~STATfO(FL.~RlDAetIARG *:•st icd•_ral 5~:~:~gs 6 loan Associ~t!on $EPT. 25, 1975 ~ MY C0y11~ISSWl~. E~~~ • Bonded By Amefce?? ~a~+kers Insurance A. ~ F;.~* F-._ c._ F~cr:,a ~ r•4a ~ ~ ~ Th~_ Irstr~ment Pre ared B Richa7Cd K. Ka es FILEO A4^ ?ECORDEO ~'r P Y Y ST. IUC~E C)UNTY FLA. ? ~ Fi:st Fe~e;-31 Sav~rzgs & Loan Association AOGER Fnit~AS ~ ~ of Fort Pierce , Florida CLERK Ct'~',tT COURt qfCC~~ Y~"~.' £D Cn ~ck~ci 6V~ - • Auc t~l 2 sa PN ~2 ~ ~ooK ~5 PAG~ 2•35,~9.3 ~ , ; _ ~ ~A ~ ~r~ ^ _ ~ r~ - ~_~`-s~._a_.4~ _ _ s~,.~`_