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Home My WebLink About0074 To plac~ and continuouily keap on ~hs bui'dings now o~ hcrraf~er ~1t~ats on sa~d Iand and on a!1 equipmem u~d pe~wn~lly cov~red by this mor~p- egs, with all premi~mi fhe~eon paid i~ (ull, the in~ur~nce in tha usuel srarxlard potiGy (orm, in a sum app~ovtd by the MOR(GAGEE, and wiodstam insursnc~ in the uswl ~s~andard poGq i«m, ie • sum approvod by the MORTGAGfE, in uxh company or compenits ~s tM MORTGAGEE may di~ech ~nd all fir~ ~nd winda~orm inw~ance policies on any oi said bvild~nys, any inl~r~a1 therein or paA ther~ol, in ths sgyregi/~ sum ~fortsaid o~ ~ in excess Ihereof, 1ha11 rontain th~ usual standard morlgagee clause a tuch other cl~u» as ti» MptgagN may requu~, maYir+y tM loss unda sa~d pol~ ~ c+es, eath ~nd every, payab~~ to ~id MORTGAGEE as irs in~erest ~~ay; appear, and each and evary svth policy shsll bs promptly ass.gned and delivered to • sny held by s~id MORTGAGEE as fur~he~ secu~iiy to said mortgage debt, and, rat leu 1ha~ ten (10) dayf in advance oi the ezpiration of e~ch poGty, ro d~- I~~er to iaid MORTGAGEE a re~ewal thereof, toyether with, a receipt for the premium of such renewals and there ~hall be no fire oi wind~io~m insur~e~ce placed on any o( said kwildings, any Interesl thersin w parl thereof, uniesa in ~he form and with the loss payabla as afwes~id; arxl in the event any ium of money becoma payabte under •uch policy or policies said MORTGAGFE ahall have ~he opnon ro receive ~nd ipply t11e tim0 Of~ KCOUnI OI 1M intlBbtld- ness secu~ed hareby w to permil said MORTGAGORS to receive and uae it a any part thertof tor other pu+potes, v.ifFr~,,t ~hareia~ wai~ing ot unpair ~~g any equ~ty, fien w righl under or by vittue of tAis moregage; and in Ihe event said MORTGAGORS sMll fw sny rea~on (ail to keep the ~aid premiaes w insv~ed, w fail to de!ive~ promplly ~ny of said poticips of insurance to satd MORTGAGEE, or fail promptly Io pay fully any premium therelw a in s~y • ~espect fai! ro perfwm, d~scha~ge, e:ecura, efiect, comptete, comply wi~h and abide by ~h~s cove~ant, a any par~ hareof, ssid MORTGAGEE may pf~ce a~d pay fw suth insurance or any pa~1 thereof ~vithout waiving w affectir~ any oplion, lien, eqvity, or ~ight under w by virtue of this Matgaga, and the full amount of each and every such payment shalt be ~m~rw:diately d~e and payabte and shall besr interes~ from the date thereof until paid at the ~ate ol ~ine per centum per annum and to~ether with such interest shs{i be setured by the lien o( this matgaye. 4. To pe?mit, commit w sufier no waste, in,pairmrnt or deteriorat~on of said proFerty or any pari thereof, 5. To pay all a~d singular the costs, cha?ges •nd expenses, including a reasonabie ettwney's fee and costt of abstrsctt of titts, incur?ed w paid a1 any time by said MORIGAG[E, betause or in the event ot tha fa~lwe on the part of ~he said MORTGAGOR to duly, promptly and fully perfoim, d~stharge, eRecute, eltect, complete, comply w~th and ab:de by each and every ~he stipulauons, agreements, conditions, and covenen» of said promissory note and thi~ mortgage any w e~ther, and sa~d costs, charges and expenses, each and every, shail be immrdiatety due snd payable; whcther w not the~e be notite da mand, anempt to tollett w tuit pending; and the full amouM of each and every such payment shall bear interast from the date thereof uNil paid at 1ht .~~e of ~ine per car.tum p~r a~uwm; and all s.+id cosfs, charges and ex;;r~~ses erxurrcd or paid, IogNher wdh such interest, shall be secured by the lien of thi~ mortgage. 6. That {a) in the event of any breach of this Mortgage or default on 11~ part af the MORiGAGOR, or (b) in the eve~t ~ny o( sald sums of money he.ei~ referred to be nof Fromptly aod iully paid within thhty (30) days neat aEre. ~fx same severatty become due and payable, wi~Faut dert+and or nofice, or (c) in the event each and every the stipulatio~s, s~reemenrs, cond~tio~s and covenanrs of sa~d promissory note and th~s mortgsge any a either are nof i~Iy, prompHy and fu~Iy ;~eriwmed, d xharged, executed, eifected, mmpieted, compl~ed w+th and ab~ded ~y, then in either w any such eveN ~he aaid ag gre3ate sum mentioned in said promisswy note then rema~ning unpafd, witn inte~rst accrued, and aif moneys setured hereby, shall bewm~e due ar+d pay- ao!e :orfhwith, w thereafrer, at the oprion of sa~d MORTGAGEE, as f~lly and comp:a+ely as if all of ~he said sums of money we-e origi~ally stipuiated ro be paid on such day, anything in s3:d pro~n:ssory nate or in this Rtortgage ~o tha .on~rary notwithstanding; and therevpon or thcreafter a1 Ihe optio~ of sa;d MORTGAGEE, wi~hout notice or drmand, suit at law w in equ:ty, fhe+efwe or therraher beg~n, may be prosecuted as if all moneys sKUred hereby r,~d matured pnor to iti institvtion. 7. Thaf in th~ event ~hat ar ~he beg~nn~r.g cf or at any tirne pe»di~fg any su~t upon this Mortgage, or to foreclose it, ot fo refwm it, or to enforte Fayrnent of eny tlaims hereunder, said MORTGAGFE shalt appiy to the Court ha~mg ~unsd~tl:on ~hereof iw the appolntment of a Receiv~r, tuth CouA Shall i,~h.virh appoint a rece~cer of sa:d mortga~cd prop~_rfy al~ and singu:ar, irclud,ng a!I a~c! s~rv~vlar the ertcome, prof~ts, issues artd revenues irom whatever s_ _-;e derived, each and every of wh;ch, ir be~~g expressly undrrstooci, is hereby mo.rgaged as ii spedfically ut fwth and destribed in the granting ~nd F3tend~m c!auses hereaf, and such Receiver sha8 ha~e all the broad and effective (unu,ons and pewers in anywise entrusted by a Coort to a Receiver, and s ch appointment shalt be made by such Court as an admitted eqvi!y and a nwtter oi absclvte rigM to said MORTGAGEE, and without reference to the edcy~scy a inadequacy of the value of ~he property mongaged or to ~he son•~ncy or ;,,;o:vency ot said MORTGAGOR or the de~endants, and that suth r~,~s, profirs, income, issves and rovenues shall be appliad by such Rrceiver azcord~ng to the lien or equity of said MORTGAGEE and the prattite of such Co~rt. " B. Te duty, promptly and futiy perform, d~scharge, execute, effect, complete, comply w~th and abide by each and every the stipvlatiw~s, agreements, _.•~dn~ans and wvenants ~n said promissory note and th~s mortgage se~ forth. F ' 9. That in the event ehe o.vnership of the mortgaged premises, or any part thcreof, becomes vested in a person other than the MORTGAGOR, the 'GRT(',AGFE, its successors and ass;gns, may, wnhout nonce ro rhe Y.OP.TGAOR, deai wnh such successa or successw in interest with ~eference to ihis c•~yage and the debt herebv secvred in the same manner as wi!h J.lortgagor w~thout in any way vihatirg or diuharging fix Mortgagors' liability l~err .-~c: w upon the debt herrb~ secured No saie of the prem~s~s hcreby mo~tgag>d artd no forbearance on the part of the NtORTGAGEE a its sutcessors C' a55:~OS ar.d ~G extension of the time for the pay~r.ent of the debr herrby sec~red given by the MORTGAGEE O~ its ~uceessOtS w asiign3, shall op6raf0 ~o ra~ease, d~scharge, modify ~hange or affect the oriyina! :i%.i;~;rty of the h~ORTGAGOR herein, either in whote or in part. 10. It is spec~ficatty agreed rha~ t~me is of the essenc~ of th:s centract and that no waiver oi any obligation hereunder w of the obligation st cured h.:reby shali at any time ~hereafte~ be heto to be s wa~ver of the terms he~cof or of the instrumeM secured herby. l l. ln add:r'o~ To the forego'nq ~,:onth~y paym~ma of prmc ,;al and ]n:errst requ~red by the promiswry note secured hereb~r, mortgagor covenants •ra agrees to pay to mortg~gee w~th each rncnih~y uayn~ent an add~nonat svm _~z!~mared by mortgagee tt be equal to 1;'12 of the annual cosf of the follow- A-All real propcrt~ taxes lerled w assessed aga~nst the above descnbed real esrate. , B-Prc:r~ums on fire ar.d wintisrorm ~r.w~a.^.ce as tiercin .eq~,red to be ca-ricd c~~ tl,e improvemeMS :ituate on the above described premises. C-PrC!^iun~S on wch mortgage g~ara:~ty insu.ar.ce as r.:origagee shall from ~~rne to time deem fit to carry on the toan secured hereby. NSongagee s~~o~i from rime to t~me no+i{y mortgagor in writing of the a~ro_n! due and payable kereunder and such sum shall thereupon be due and ,,~b!e on the due dare of ~ha nett :nonrh:y payment and each successive •r.o~th theroafter urtil mwtga~ee shall notify mortgagor of a change i~ such .-ovr.t. Such s~ms sha:l f~e appGed by mortgag~e ~owa-d tne payment of rea~ property !axes, insurance prem:vms, mxl martgage guarenty iosurance ~ :~.~e~ni~ms. IN ~YITNE55 LYH:RcOF, !he said M.ORTGAGOR has hereunto sei his har.d and seal she day and year first afwesaid. Signed, Sealed and delivered in the p?esence of: ~ _ ~ ~ s4 . . ; q 4 i - - _ s~n - ~ ~ - (Sea4 ~ S;ATE OF FLpRIDA l ' ~ ~~uNTY OF St . I.itCl@ i SS- ~ ~ 8efpre~+e.perwnaily appeared .1. V. PdLtl Dallaire a~ ~ _ ~ Carole A Dallaire - ' his wiie, to me well knawn and known to me to be ~ the iS~yY(d.NS•des_ ' in a~d who executed the fwego~ng instrumenr, and ackawwtedged before me that they executed the same fw fhe purpoaes ' ~~~~u~c~ ~xP~s~~ yaxt~?~o ,,;a Carole A. Dallaire ! = r~`e~ o~IQ sa~d y' .T • V. Pau l Da l la i re vpon a separafe and private s - ~*aQr~n~tion~ rrte {ake4~separote anti apart from her said husband, atknowledged to and before me that she exetuted said inslrume~t freely and volun- ~ ~.ar,~~ ar.~~.rJ:~h0i+1<epy'cbmpuision, canstraint, apprehens:on, or fear of or from her said husband. ~ ' 17th Jul ~ . VYbT~~~~ har~d end official seal this- day of y q, p. ~q ?5 ' • L ~ ~ , , Notary Publ'K in end fw the State of Ftorids at larps . ' : . , My Commiuion expires~~ / ` ~ ~ / / ~ ~ ~ Return To: ~ First Federa{ Savings 6 Loan AssocEat~on ' Of Fort P,erce. . `~~~uC ~ CDu~~R~~o { Fort Pierce, Flo~ida pCF~ y!/. ; ~ Q~ERI[ ~14~7~TR!` . i Af~:RO v~ai i~a ~~~RT ~ ; ~ ! This Instrument Prepared By J. Hal F?~ober~ ~~r. f 30 pM •T5 ~ ; First Federal Savings & Loan Association ; ` of Fort Pierce~ Rlorida 33450 ~A~ f~'. ; E ~ j ~ ~ Checked By ~ ~ ' ~ c s~r ~ ROOK~~ PiM1Gf ~ r~~ - ; - ~~xi Y ; ~ ~ ~ - k , _ .