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Home My WebLink About0719 ~ J. To pl~ce ~nd conti~uously kcep on tM buitdings now w i+Keafter situat~ on said I~nd ar+d on ~11 equipment ~r+d ptnonally tovered by lhis mor~~ +g~. with all prfmiums rhereon pa~d in lu~l, fi~s ir?sur~nce in the utuai i~andard policy form, in a wm ~pproved by tM MORTGAGEE. and windstam i~uwanc~ in th~ uiual s~a~dud pol=cy fam, in a swn approvad by tM MORTGAGEE, in such compa~y or~ canpa~~es ~s tM MORiGAGEE m+y dvacft ~nd all fw~ a.~+d win~tam inswar~ poticies on sny of said buildJnp~. My loterea~ therein w p~rt the~wf, in tM a~preyata tum afa~wid or in Ncuss the~eof, ~MII conuin ~hs utusl iu~+dud mort9a9N cl~u~ a such oth~. claus~ u tl+~ Mortya~e~ may rpvire. makinp ~M lou unda uid poi4 ~~as. e~ch u+d ~very. paYable W said MORTGAGEE ~s its iroeresl may ~ppear, ~~d each and every ivch policy shall b~ p~omptly iu:pned and delivercd ~o •ny held by said MORTGAGEE as fwths? securiry to said mortqags debt, and, not less than te~ (10) da~n in ~dva~ce of Ih~ expir~Yron of eath polity, to d~- live~ to said lNORTGAGEE a rer+ewal ther~of, togetFw~ with • ~ace~pt for the prsmivm of such renew~li a~d tMr~ shall b~ no ('u~ or w~ndstorm intu~ance placed en any of said Iwiidnps, ~ny interest thersin w part thsrwf, vnleu 1~ ~M fwm ~nd with tM lois payabte si afaewidj and in th~ event any sum of money bcco~r,es payable vnda such policy a policies wid MORTGAGEE shall Mve ~he opt~on to ~eceive and ~pply tM ~am~ on account of ~he indebtcd- neu setured hereby w w permit said MOQTGAGORS Io reteive and uss it d any part thereof for other pu~poses, without th:reb~ waivi~x~ o~ ~mpair- iny any eqvity, lien q right under w by virtue of thif mor:ga~~; and in the eveM Nid MORTGAGORS il?sll for a~y reaco~ fail to keep the aid premisei w insurod, or fail w deliva promptly any of said policies of insur~nce to said AhORTGAGEE, w fail prompt(y fo pay fully a~y premivm therefor or In any respect iait b p~.twm, discharge, executs, effect, complete, comply with ~nd abids by this covenant, or any part htreof, ssid MORTGAGEE may place a~d pay fa such inswance w any put thareof withouf waivinp or sffactinp ~ny option, lien, eq~ity, or right unde~ w liy virtue oF this Mortya~e, ~nd tht full amount of each and every wch paymem shall be immediately due and payabte ~nd shal! bea~ iotaest from ths date thereof uNil paid at the rate oi nine pet centum per ~nn~m and together with svch interest sha~l be secured by fM lie~ of thi~ mort9ige. 1, To pNmit, cpnmit w suffer ~o waste, lmpairrn~M o? deterio~ation of said property or ~ny part thereof, 5. To pay all sod sirgutu the costs, cFurges and expenses, includi~y a reasonable attorney i fee and costs of abstracts of title, i~curred w paid at any time by said MORTGAGfE, because or in fhe event of the (aitura on the parl of the ~aid MORTGAGOR to duly, promptly ar+d f~tly perform, diuhargq execute, effM, complete, compfy with a~d abide by each and evcry the stipulations, agreements, conditions. ~nd covenann of said prom~ssory note and this mo~t9a9e u~y or ei~her. and said costs. charges and expenses, each and every. shall be immediately dve and payable: whether o~ not th~ve be notice da mand, attempt to collect a suit pendlnp; and 1he full amovnt of each and every such payment shall besr interest from Ihe date thereof until paid at the ~a~e of n~ne per centum per aruwm; and all said costs, charges and expe~ses incurred or paid, togethcY with tuch intarest, thall bs secured by the lian of thit mwt9a9°• Q Ttut (a) in ths ~vent of a~y breach of this Mortgage a default on tM part of the MORTGAGOR, a(b) in the everit any of said svms of money herein referred to be not promptly and fully paid wilhin thi~ty (30) days next after the same severally becoene due and p~yable, withoul demand w notice, or (c) in ihe event esch and every the stipulatiom, agreements, conditiwu and covenants of sa~d paomissory note and th~s mortqspe any w eilher are nof iu1y, pramptly and fully pe.famed, d+scha?ged, executed, effected, completed, complied w~th and abided by, then in eittier or soy such event the sa~d ag gregate wm mentaned in said promissory note then remaining unpaid, with interesf accrved, and aii moneys secured he~eby, thall becane dus and pay- eble forthwirh, a thereaftei, at ~he option of said MORTGAGEE, as f~l1y and completely as ii all of the said wms of money wero originally stipulated to be pa~d on such day, anytfiing i~ said promiuwy note a in this Mwtgage to the ca+trary notwithstanding; and thereupon w the~eafter al the op~~on of sa~d MORTGAGEE, wi~hout noeice or demand, suit at law or in equiy, fherefaa or thereafter begun, msy be prosecWed as if all moneys~secured 1?ereby nad rt~stured pnpr to its inatitutio~. _ 7. That in tF~e eveot that at rhe beg;nn;ng of or at any time pending any wit upon this Mortgsge, a to faeclose it, or to refwm iL or to enforce payment of any claims FKre~nckr, said MORTGAGEE shafi apply to the Court having jurisdiction thereof fw the appointment of a Receiva, suth Court shall fo~thwith sppoi~t a receiver of said mortgaged property all and sirgular, includ~ng all and singular the income, profits, iuues and revenues from whateve~ so~rce tkrived, each and every of which, it being expressty understood, is hereby mortgaged as if specificatty ut forth and described in the g?sot;ng snd habend~m clavses troreot, and such Receive? shall have all the broad and effective funct~ons and powers in anywiu entrusted by s Court to a Receiver, and s~ch appointment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the edequacy or inadequacy of the value of the p~operty mortgaged or ro the wwency w insolvency oi said MORiGAGOR w the defendann, and that such renrs, profits, i~cane, iuues and r~venues shall be applied by such Receiver according to the lien w equity of wid MORTGAGEE and the practice of such Court. • : . f 8. To duly, promptly and fully perfwm, discf»rge, execute, effed, ~omplete, compty with end abide by esch and every the sfipulations, agree~rxnts, ~ conditiora and covenants in sa~d promissory r?ote and this mortgage set forth_ ~ 9. That in the event the ownership of the mortgaged premius, a any part thereof, becanes vested in a peraon othet than fhe MORTGAGOR, the MORTGAGEE, its successora and assigns, may, withouf notice to ~he MORTGAOR, deal with such succeszor or successor in interett with ~eference to this morrgage and the debt hereby secured in the same manner as with Mwtgsga without in s~y way vitisting w diuhsrging the lNortgagors' liability here- under a upon tht debt hereby setured. No sale of the premius hereby mortgaged and no forbearance on the pan of the MORTGAGEE w its succeuon or assigns and no extension oi the time for the payment of the debt hereby secwed given by the MORTGAGEE or its successors w auigns, «`wll operate ~o releue, dixharge, moJify thange or aifecf the wiginal liaoility of the MORTGAGOR ixrein, either in whole or in part. 10. It is specifically agreed that time is of the essence of this contract ar~d that no waiver of any obligat~on hereunder w of the obligation se- i cured hereby shall at any time thereafter he held to be a waiver of the terms hereof or of tfx instrument secured herby. f 11. tn addition to the for o:. montht a rtreMS of inc' 1 and interest r ~ e9 "~9 Y p y pr pa equired by the promissory nore secured hereby, rtwrtgagor covenanis and agrees to pay to mortgagee v.ith each monthly payrne~t an add~rional sum estimated by mortgagee to be equal to 1 f 12 of the annual cost of the fo~low- ing: • • A-All real property taaes fevied or assessed agai~st the above descri?~ed real esta?e. 8-Arem;ums on fire and w;ndstorm insurance as herein requ~red to be carried on the improveme~ts aituate on the above described premises. C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the ban secured hereby: Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shatl thereupon be due and Fayabte on the due date of the next moothly payment and each successive monrh thereafter urtil mortgagee shall notify mortgagor of a change in sucFr- a~r,ount_ Such sums sha~l be applied by mortgagee toward the payment of rea) property ta:es, insurance prem:ums, and mortgage 9uaranfy insurance ' premivmt_ ~ . ~ IN WITNESS ~WHEREOF, flx said MORTGAGOR has hereunto set his hand and seal the day and year first aforesai ~ Signed. Seakd and delive in the presence of: 1 - R r Lac o x, a single a u a~ - n--~ i _ t5eap SiATE OF FLORIDA ~ cour,n oF St. Lucie ~ Roger Lacroix, a sinvle adult Before me penonally appeared - - ~ f ~iiie, to me well known and known to me to be t the individwl' dexribed in ~~d who executed the foregoing instrument, and acknowledged before me lhat fhe~I executed the same for the pwpaaes i therein txpressed. qpdth~i~ ,.Y4.oE ~r~ii ~w ~ ~~r~t~ ~.Qww~e + wciroiwfim~iy.we.tak.r.a.~a~le.a.~L.p.Mir.M~iii~wiawd,~dcweMriedged~veend~etere~nethershslxeeuledsald~h+~l+srwenrfre~l~~end~~ole1~ ' tyvY.ifld~fi~OVLi?~YlaroFL+~iolVi~oosiraiotr.aPP~be~s~o~„~os.fwr~f~wi i~wi~ii.IM~wd. ~ WITNESS my hand and official xal thi: 17th da` Q{ Ms~ ' . p~ 19 73 ~ \-s, ~ ~ * r rary Public in and for the St of F ~ ' L My Cort~miss'wn expires: ` J .'..~l. , ; ~ >4.~ > ro o : i • ! : Retum To: ' • ' • f•~'r~,~•a' f ~~i~~ ~ First fedenl Saving• 6 Loan Association NOTARY PUBUC. STATE•1~~IQ~~ Of Fort P~erte. ~ ~~-~i 2S tAY CO`~MISSION F.XRIR~~ECO~~i9~w~: ~ ~ I Fort Pierce. F~a,da 4s83 tlonded l~w Generall~s~r~ ~ d'~ J,•.2s . d_~.: ; . : ~ . ~y ; ,~V •~~jo`~I~r_ ; This Instrument Prepared By John W. Collins ~ ' T~1 E ~ First Federal Savings 8~ Loan Association • of Fort Pierce ~ F2arida FILEO KkG~K~~~. st. ~uccEacauNTr t~ 0 R~ 2~~ ~ ~,p ROG_ P ~ITRAg "V d00iS PACE Checked By ~`11-- CLERK C: ;~~t~G~uRi QFCCF'` VE~;E!ED N~r 1~ 10 og AN'i3 S j _ ~ - - - - - - - - , ~ . - ; . ~ _ ~ , _