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9. To place and cominuovaty kcep on ihe bui!d]n~s now or herzalter sit~aie on said land aod on alt cquip~~+ant and personaliy tovcrtd by ~his mor19- 4
a3e, with all premiums Ihereon pa~d in futl, fue ins~ronct in the us~al sta~dard po:icy iorm, in a fum aNprored by !he MORiiiAGEE, a~~d winditorm
:~surante in the uwal s~andard pol.cy (am, in a aum app~oved by ~he MORiGAGEE, in ~uch cwnpany or tot*+panies at the MORTGAGEE may i
d~rec~; and all (ire and w~ndslorm inw~ance po~:cirs on any oF said build.nqs, any i~terast Ihc~ein .x part thrreof, in tM aggrcgats wm afaesaid or f
in excess Il+ereof, aAall contain the uwal standard mo~~yagee ciause w wch o~F+er d_~a. aa Iha Mortgagee may requ~rs, ma?in~ tF,e lois u~+der ~a~d poli~
c~es, each and every, payable to said MJRI:'sAGEE as its m~crest may appear, and each cnd every such pohcy shall Ix prompNy ass.gned and detivered to
any held by se~d MORiGAGEE es fur~her sewr~ty +o said mor~g~~e debt, and. no~ Irss than ren l10) days in advo~xe of Ihe expiratioo ol each poiicy, to dr
I~~er to said MORTGAGEE a renewoi thereol, toyethe~ with a rece~pt for the preRUUm ot •uch re~~ewal; and ~here thall be no f~ro or wiodstoim insuraote
p!eced on sny of said build~ngs, any interest therein or parl ~hercof, unless in the form and with 1he Icss payab!e as aioresaid; sr+d i~ the event •ny sum
of money becomet payable under :uch poticy or poGcies said :dORTGAGEE ~hall have ~he opnon to receive and apply the isme on account of the indebted~ .
ness secured hereby a to ~ermi~ ssid MORTGAGORS ~o recei~e and uae it or any furf thercof ior otiu~ pur}~oses, w~~ho~t th_+eo~ ~vai~ing ~ impein
:n~ any equAy, lien ot right under w by virtue of this mc-?gaye; arsd in Ihe eveM ~a;d MORIGAGOStS shaU for any reason tail to keep the said {xemist3 sp '
~nsured, w fail to delrver pranptly any of seid poi~cies of fnsurence ~o sa;d MORIvRGEE, or fail promptly to pay fully any premium ~herefor a in a~~
respect (ail to paform, discha~ge, taec~te, effect, canpte~e, comp~y with and abide by Ih~s cove~ant, a any part he~eof, said MORiGAGEE may place and
p~1 (w :uch insurence a any part the~eof w~~hout waiving w at(eui~ig aoy opr~on, Gr~, equ~ty, or right undor or by vlrtue of this Mo+tgage, and the
!::'i a~nw,n~ o( ea:h and erery such paymaro shall be imm~•d~ately due and payabte ar,d shaii bear interest from tha data thereof until paid at t}x rote ot
~~::c per centum per annum and to~~ther with s.,ch ~nter~•st shali be sewred by the I;en of ~his mottgage.
1. To permil, commif or suffer no waste, impairment w dete:~s+~ion of sa~d prcperty or any part thereof. !
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5. To .~v e~l and singular the costs, charges and expenses, includ~ng a reasonable aftwne~•'s fee and costs of abstrsds of title, incurred w paid at ~
~r,y t;me by said MORIGAG:E, lxtause or in ~he event oi the fa~ture on the pan of the said MORTGAGOR to duiy, pron,ptly a~ fully periwm, dixharge. ;
,ec~te, effect, complete, comply w~~h and ab:Je by ea:h and e~ery the stipula!,ons, aqreeaients, conditions, and tovenants of said promiuory note and this
~_xrgaga any w e~ther, and s..:.'. ::ts, cha+ges ar~d expenses, each and every, shait be immed~a~ety due and payabfe; whethrr or not there be ~otice do-
n„nd, atremFt to cotle~~ or suit pend~ng; and the tull amount of each and every su:h payment shall txar interesf lrom the date the~eof until paid at the
ct nine per cant~m ~r~ annu:n; a:~d ~It sa~d cvsrs, char~es a~id cx;~~nses incur~ed or paid, togeti~r ~wth such interest, shall b~ setured by the ~i~n of this
~r.cr tgage.
6. That (a) in the event of eny breach of this Mo~egage w defaul~ on ~he pa~t of the MORTGAGOR, w(b) in 1F~e evenf ~ny of said ivms of mwxy
h:~rein refe~red to be not prwnptly and iully pa~d vvithin ~harry (30) days next af~er the same save~aliy become due snd payable, without demand w notite,
(c; in the event each arn1 every ~he st~pulations, agreements, condl:;or+s and covenants of sa~d promiswry note and th~~ morlgage any w either arQ not
i~:y, pro+nptly and futiy performed, d s:harged, executed. eifected, comp'eted, compi:ed v~ith a::d ablded 5y, then in either o~ any such eveM the said a¢
a-e~a!e sum mentioned in sa~d pro~nissory nore thrn remaining vnpaid, with inferesi acu~ed, and ail moneys secured hereby, shall become d~,e u+d pay-
so e forthwith, a tFereafter, at the option of sa~d A!ORiGRGEE, as futty ar~ comrieiely as if a~l of the said sums of money were originally stipulated `
r-. he pa:d on such day, anyfhing in sa:d promisswy note or in this Mortgage ro the contrary notwiths~anding; and thereupon or thereafter at the option of ;
s> a MORTGAGEE, wi~lr~ut not~ce or demand, suit at law or in equny, therefore or tt~errafier begun, may be prosecuted as if all moneys tecured hereby ,
r.. d maturcd pno~ to ds inatitution.
7. Thar in ~he eveM ihar at ine beyinn~ng of or at any rime pend~ng any su~r uF~~. ~his Morrgage, or to forecloie if, w ro reform it, a to enforce
~:~nent o( any ciainu hereur3der, said :1lORTGAGcE sha`:I spply t~ tFe Coure ha~~ng ~w~sd,tf:on thereof ior the appointmeM of a Receiver, tuch Carrt shall
~•t~,•,i:h appoint a re.eiver of sa~d mo~tga~ed pro~xrty ali and sngvlar, dnc~,d,ng ili: AR(~ s~ngular the ir.come, pro(~ts, issues and revenues from whatever
,,•cr der~ved, eacF and evuy of ,tih;ch, r tn~~~g express~y underswod, ~s t.rreby mcr~g.sg~•d as if sFec~fically xf iwth and described in the gronting and
r:t•~~nd~m ciauses hereof, and svch Reteiver sha!! have alt the bruad and e:(ecftve fur.cr.on~ :nd powers in anyw~se enlrusted by s Court to a Rete~ver, and
s_:h appo~nrment shaU br made by such Court as an admined equity and a mat~er or r~s-~ute r~gM to said A10RTGAGEE, and without refererxe to the
:~a,,scy or i~adrq~acy of the vaive of the property mortgaged or to the so~~_ncr er ~r~s,;;.ency of said NtORiGAGOR o? the defendants, and that such
•s, profits, inccme, iu~ea ar.d revenues shail be appi~ed oy such Rec~iver a.cor~i.cg to the lien w equity of said MORTGAGEE and the practice of such
c'.: _-t.
8. ?o duly, prem~r;y and fui~y perfarm, d~scnarge, ezecute, effect, compiete, co:np:~ w~th arul ab~de by tach and every the stipulations, apreements,
r d!!ior.s and covenents m sa~d promissory note and th;s mcrtgage set to; th.
9. ihat in the eve~t the o~vnrrnfiip of the mortgaged prem~ses, c. any part thereo(, becomes vested in a person other than the MORTGAGOR, the
:'t'GAGEE, lrs wcccssors a^d ass~Jns, :~~ay, w~:hcu: nut~ce so ~ne 1'14GRiGAOR, drai vn~h such successw a successw in interest with referonte to this
~~y~gc ar.d ~he d_ol hereby ~ecv~ecf in the same macner as wnh ldo.tgagor v~~thout in a~y way vitiating w d~xharging the Nbrtgagorf' liability herr
cr ~~<on the d~b~ hrreby sc:c,~.cd no sa`e of she F.re•ivses hrreby ~nortgaged and no forbearance on the pan of the MORTGAGEE w its ssxcessors
..s,.gns ar,d r.c exrenz~on of the !~n,r fu~ rhe ~,ayn,ent GT rF.e deb: iie~r6y accured g~ven by the MORTGAGEE or its successors or au+gns, shall operate
c re ease, d~scharpe, rtwdity cha~ge or atlect the origmal liau,+~ty of ~ne MORTGAGOR herein, either in whols or in part.
10. It is spec~fically agreed that ti;ne es of the easence of this contract and that no weiver of any obl~gation hereunder or of fhe obligation se-
,~ed hereby shaii at any tim.e ihereaf~er be hefd to be a wa~ver of the terms here~f or of Ihe instrumeM secured herby.
11. In ~ocl:r!n~ ro rhe ~o~eqG ~~'7 ~nGnrhiy c,ay~r,:n1S of pc;:;: Yai a~d i•~fe+esr required by the promiswry no~e xcu~ed hereby, mortgagar coveoants
' a3rees tu pay to mo:tgyg<g v~i;h eacn mo~~th y pa~~:fent an add~•~onal sum cst~n:ared by mortgagee to be equal fo 1~ 12 of fhe annua) cost of the folfow-
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i A-Aii real f:rujxrry }3AC5 ie:ied e+ assess~:ti ayai•~st thc a~o.•e descri~~~d reaf esrate.
i . .
s B- Premr,n,t o:+ f~re and •x-indstorm ~r,sv~a^ce ~s nerem r~q~:r~d to b~ carried en the improvements situate on ihe above destribed premists.
~ .
i G-Premwr,~s on svch mcrigage guarenty ms~ra~ _e as mortgagee SI'f3i~ fro~^ t:r.,F to time deem fit to carry on the ban secured hereby.
~ ti~.o~tgaqee s~~'+ fron: ~:~nc eo ~,e nov~f~ ,nc:ryogor ~n v~rir~r,g of the a::~.o~~t dv> and payable hereundrr and such sum shall thereupon be due and
~ b:e on tne clut date ef r;,e nex~ m~mh!y payn,ent and eoch wcc_ss~ve moneh thereafier unril mangagee shall notify ~nortgagor of a change in such
~ Such s~ms sti3~l be rp~~~red ty mo~rgag:.e to,~a•d inx payment o4 rea~ property taxes, insurance prem;ums, and mwtgage guaraMy inwrance
i . . . >>r~s.
~
~ IN Y~ITPJESS Y~HfREOF, !he said 1'SURTGAGOR has hereunto set his hand and seal the day and year first eforesaid.
~ Signed, Sealed and deGvered in the presence of: ~
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~ t ~ - ~11.E'v A!..f ~b~t7~itf$N `L~ y~.~ Sta4
~ ~ . ~,;,yt':E '.3tlhi'~t'
~ t---- - fiCC.-`_ _ rR~'•!i~AS ~ (Sesq
~ - (:L: c rI ~ ~t:H{T ~
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~Seaq i
~ i ~ OF FLORIDA ~ ~ ~O~~~r ~
b ~ ~ ~N'?5 4
" :'_:NTY OP St. Lucie_ ~ v
eefore me personatly ap;,eared James J. LeBlanc, a single adult
- to me well known and known to me to be
~ :~nd:vidual desu+bed in and who executed the fwegoing instrument, and acknowledged before me that fie executed the same for the purposes
~ e~ein expressed. ~~~~XXXXXXX3CXXXXXXXX?CXXXXXXXXXXXXXXXXXXXXXXXX3CX3CXXXXXXXXX?IXXXXX
~ ~'J~c7~ ~~~i
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~ ~?i4?f ~i~~GXt1fo~GJ~alC1~C?fiaGdLA~2G~}C7G~ila~3(~q~7~~7~tj~~~F ~~~1.
Y/IiNE35 my hand and offiual seal th~s__. 2nd day of Ma A. p, 1975
~
s~
Nmary PubIK in and for t tate o lorida d large
- My Commissiae expires:
~ ~ Retum To:
1
F;~st Federal Savi:igs S loan Associat~on ' ~ - ~}r,r~~a at LARGE ~
~ Of Fo-t A e:c~~. 7. 1977 (
~ For2 P~erce. Horida L~:.,,.,, n.: ~,..,i~~ ~ci.~..LiL 16~,,:if1Gi Cp,~
~ ~ ~~~lifill I•'•,~ -
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~ This Instrument Prepared By Richard K. Kayes •'•'~~"''`"-%-i'.
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~ First Federal Savings 8~ Loan Association 3,~,;. ; ~
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of Fort Pierce ~ Florida - d~: ; f~ C' :Y_ ;
~ U R a~F; _ ~ _
~ = -.i ; a ~,J a _
~ Checked By ~ 800K~~ P11GE ~ a , ~ 4 : =
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.ry .
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