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Home My WebLink About1493 3. To place and coroinuously keep on the bu~:d~~,ys now or hEreafter s:tuate on said tand and on a~t eq~ipn~ent and personilly covered by thit ma?Q~ sgs, with al) pramiums ~harton pa~d in futl, f~re ins~~encr in Ihe usual sra~ulord po~~cy form, in s sum a{:proved by ~he MORIGAGEE, and winds~o~m insurance in the usual t~andard pot;cy la~n, in a sum appro+nd by the MORTGAGEE, in such canpany or compan~et as the MORTGAGEE may dinth •nd e0 firs •nd w~nduorm insura~ce pol~c~es on any of sa,d buiid~nps, ~ny iroeresl therein or pa~t thereof, in the aggregate tum afwesa~d w in exce» Ihrrcof, ihall contain ~he wual standard mortgagee ctause or such otlxr clause af the ~Vlortyagee may req~~r~, makin9 the loif u~~der sa~d poti~ cies, each ~nd every, payabte to said MORiGAGEE a~ ~ts iroerest may appear, and each a~d every such po++cy shail ix prompUy ais gned and deGvered to any held by aa~d MORIGAGEE as furthe~ ~ecurity ro said mortgage drbt, and, not Ieu Ihan ~en i10) days in advaiue of the expiration of each poGcy, to de- fver 1o said MORiGAGEE a renewal thereof, toge~her with a receipt for the premium o( auch renewal; and ~hero shati be no f~re o+ windsro~m inswance Pfaced on +ny oi said b~ildings, a~y intere~t fhere~n or parl ?hereof, untess in the form and wi~h the loss payable as a(oresaid; ard in ihe event any aum of money becomes payable under such policy or pol~cies said MORiGAGEE shall have the opt~on ~o receive and epply 1he sa~»e on accowit of the indrbted neas aetwed heraby w ro pcrmit seid MORTGAGORS ro ~eceive and use it or any par~ tl~~eof fo~ oti~cr purposes, w~~na,t th_i. u~ woiv~~~g or ~n~pa~~- ing any equity, lien or r~9h1 under w by ~irtve of Ihis mo-tgage; and in the evenl sa.d MORTGAGORS shall for any reason fail to keep the sa~d premisrs so inaured, pr fail to deliver prpnptly any of sa~d policies ol insurance to sa~d MORTGAGEE, or fail promprty to pay fuify any pre~»~vm the~elo~ or in any respect faii to perlam, discha~qe, execute, effec~, complete, camply wi~h a~d abide by this cove~ant, or any pa~1 hrreof, sa~d MORiGAGEE nuy piace a+.d pay for such insurante or any part thereof without waiving w affecling any optipn, lien, equity, or r~ght unde~ or by v~itue of this Mortgage, and the f~~l amou~t o( each and every suth paymrnl shall be imrnediarely due and payable and sball bear interest froro Ihe date thereof ~ntil paid at the rate ot nine per tent~~n pe~ annum a~d toge~her with such inter~sf shali be s.cured by the lien of thia mortgage. 1. To permit, tommit or su((er no waste, iinpai~inenl w deterioration of said property or any pa~t thereof. S. To p~y all and singular 1he costs, charges and ex{+enses, including a?easonable attwney's fee and costs of abstractt of titte, incur~ed or pa+d af any time by said MORTGAGEE, because or in rhe event of the fa~iu~e on the pa~t of the said MORTGAGpR to duly, p~on,ptly and fully perform, d~scha~ge. rxecute, eflep, complete, comply wdh ar~d ab:de by each and every the stipvlat~ons, agreements, conditeoos, and covenantt ef said promissory nole and thia mortgage any or e~~her, and said costs, charges a~xl expenses, each and every, shatl be immediately due and payab:e; whefher a not there be no~icc do- mand, a»empt to co~lect or suit pending; and the full amovrtt of eath and e~ery such paymeM shall bear interest (rom ~FK date thereof until paid a1 Ihe r;~te of nine per centum ~er annum; and all said tosts, cha~ges and ~xpensea inc~rred or paid, logelhe[ w~th such intereat, shalt be secured by the litn of thif mortgage. - 6. Ihat (a) in the event of any breach of this Mortgage or default on tF~ part of the MORTGAGOR, w(b) in the eveM any oS faid sums of nwney herein referred to be no/ pramptly and fuliy paid wahin th~rty (30) days nex~ after the same severally become due and payable, without demand w notice. or (t} in t6e event each and every ~he stipu~arions, agreemenrs, condirions and tovenan~s o! sa:d promissory note and th~s mortgage any or e~ther are nol iuly, promptly anci fuuy periormed, d~scharged, executed, effec~ed, canpieted, complied wi~h and abided Sy, then in e~~her or any such event Ihe said ag gregate sum mentio~xd ~n said promissory note then re~naini~g unpa~d, with interest accrued, and aU moneya secured hereby, shall become due and pay ab;e fonhwith, or nc~reatter, at ~he option of said MORTGAGEE, as fully and comple~ely as if all of the said sums oi mo~ey were or~ginafly st~pu:ated to be pa~d oo such day, anything in sa:d pro~n:ssory note or in th~s Mortgage to the comrary notwithstand~ng; and thereupon w thereafter at the apt~on of sa~d MORTGAGEE, without nonce or demand, suit at Iaw w in equity, the~efore or thereaiter beyvn, may be prosecuted as if all moneys secured hereby n~d matureo pnw fo ~ts institution. 7. That in the event that at the begi~n~ng of or at any time pending any su+t upon this Mortgege, w to forettou it, or to retorm it, or to eniorce ~ aymero of any daims hereunder, said MORTGAGEE shall apply to the Coun haveng jw+sd;ctlon thereol for the appoimment of a Reteiver, such Court shalt forthw~!h appoint a receiver of said mortgaged p~operty all and singular, i~clud,ng all and s~ngu~ar the income, prol~ts, issues and revenues from wha~ever so~rce deriv¢d, each and every of wh~ch, it bc~ng expressty u~derstood, is hereby mortgaged as if specifically set fo~th and dexribed in the g~anting and habendum tlausei hereof, and such Receiver shall have ail the broad a~d effecrive f~nct.o~s and powers in anyw~se entrusted by a Cou~t to a Recriver, and s:.ch appoi~t~nenr shall be made by such Court as an adm~itrd equity arid a ma~ter of ahsotute right to said MORTGAGEE, and w~fhout reference to the ndequacy or ~nadequacy of the vatve of the prepe~ty m.ertgaged or to rhe so~vency or. insolvency of said MORTGAGOR w the defendams; and that such . re+,~s, p~oFits, income, issues and revenues shalt be appt~ed by such Receive~ according lo tfie lien or equily ot said MORTGAGEE and the practice of such Court. ' . 8. To du!y, promptiy and tuily perform, discharge, execute, eFt~r, compfete, cort~ply w;1h and abide by eath and every the stipulations, agreements, :onditions and covenanis in sa~d promissory note and this mortgage set forth_ 9. That in the eve~t the ownership of the mortgagcd prem:ses, or any pan thereoi, becomes vested in a person othe~ than the MORTGAGOR, tfie MORTGAGEE, i» wttesscrs and ass~gns, may, wi~ho~t notice ro the ~SpRtGAOR, deal wirh such suc<essor or successw in interesf with reference to this n ortgage and the debt hereby secured in the same manner as w~ih tilorigagor Withaut in any way vitiating w dncharg~ng the Mortgagors' liabitity here- ~nder w uFwn the debt nereby secur~. No sale of tl~e premises hereby mortgaged and no lorbearance on the par~ of the IAORTGAGEE w its successors or ass~gns and no extens~on oF rhe time ior the payment of the drb~ he~eby secured given by the b10RTGAGEE or its wccesso~s or ass[gns, a~~all operate ro release, d~scharge, mod~fy change or affect the origlnal IiabJ~ty of ~he MORTGAGOR herein, either in whole or in part. 10. It is speciiicat{y agreed that time is of the esse~ce of this contract and that no waiver of any obl~gat~on hereunder w of tF~e obligation sr cured hereby sha!i at any time thcreaFter be hcld to be a waiver of the terms hereoi or of the insfrument secu~ed herby. 11. In add.t~en ro the forego ng monfh!y pay~r:_ms of prmc pal and interest requ~:ed by the prom~ssory nore secured hereby, mortgagor tovenants ~~d agrees ro pay to mortgagee v~~th each monrhly pay~nent an add,~ional su~n est+n:ated by mortgagee to be eqvafito-i.::12 of the annua! cost of the tollow- ing: A-Atl rea( pro~x~rty faxes levied o~ assexed ay 3;•~st thc abave describcd rea~ estate. B--Prem~u•~s on fire and w~ndstorm insurarce as herein requ~r~d to be ca~n<d on the ~mproveme~ts situate on the aboye desaibed premises. C-Premiums on such morfg~ge guaranty irsuracce as mortyagee shail frcm t:.re to fime deem fit to carry on the loan secured hereby. btortgagee shaSl from time to time r.onfy mongager in wr=t]ng of the amounr due and payabte hereunder and such sum shall thereupon be due and : ayabte on the due datr oi the next menthly payment and each sutcessive mo~th thereafrer ur,tit mortgagee shall notify mortgagor of a change in such ~^:ount. $uch sums sha!i be appt~ed by mortgagee tor.ard tne payment of real property taxes, insura~ce pre.n:ums, and mortgage guaranfy insurance ~~~emit,ms. IN 1JITNESS Y.'HEREOF, the said MORTGAGOR has hereunto set h~s har.d and seal the day a year firsi af wid. l Signed, 5ealed and delivered the presence of: ~ / - " ~ Sea4 _ ~--~-c~~ Jos . nte, a single ~ic~~}lt ~':l.c il ~ ~ , r~an i ' (Sesp STATE OF FLORIDA 1 St Lucie } j COUNTY OF • ~ Before me personally appeared Joseph O. L,aBonte, a 83I1q~Q adult ~Ad N1lCOiR, to me well known and known to me to be the indiv~du descr~bed in and who executed tha foregoing instrument, and atknowledged before me thaf t~ executed the same for the purposes therein expressed. A61d~I1~~A ..:t~ drrie.y~d a~ ~ a~ e,~en~~wa?errby~iwe~l~bew~epwMpw~~~1~(+owti.her.Ni~.iw~bar~ra[hnrwl~j~dl~~wdbeL~~e --.~.:L~.' ah~ -~dictii4r~onL~roely.ADCLY041D- ra~nt9~nd~ae?rt,~~ny~centipuRleir,ta,:nefnr, ~ppetf+erMer, er-~fra?~el-er-f~o~,e~asid bewdr WITNESS mxil~~ ~:offic~at seal this__ day of A, D. 19 74 _ ~ / ` - t,`'`,~~~~ ~ i . Notary Public in and for the 51 e of Fiorida at large - ~ JRerurn: Fo:~'. .j~!'= N1Y Commission expires: Fhst fede}a1~5avin~ d Lepn /?ssociation Notary ry6~t, Sro~r et N~rids ~t t,or~ ~ : _ ~ ~ : Of Forl P~c:ce , = I L Fpti P:ztce',.. 1'1brJHi,; Mr Commission E<~• r~_ Ocf. 30. 1976 i.^•• ' H; . dondtd br M+eriwn fire 6 CosuO~fY CO. . l,• ~ '~~~'I ~ ^ . 1T FtIED ~v~ RECORDEO ~ ST.LGC~! ~~i3MiY fU. This fKStrument Prepared By J. H. Robezts ~ Jr. •.,•T First Federal Savings 8~ Loan Association RG;,c r„+ ~ RAS of Fort Pierce, Flozida R~ Cf ERK~~.'r d~i COURt Checked By ~ M~ ~I 9 33 ~N , ~ : s ~t ~4 P~~cE 1492 2`759s6 ' dz ~t - - - - ' ~ ' , ~ x . . _ . _ , . ~ . ~