HomeMy WebLinkAbout1014 To plaa snd continuously ke~p on tM buitdiegs now w haeaft~r ~itwt~ on said lu+d ~nd on ~II puipm~nt and p~eson~lly covK~d by thii maq~
p~. with ~II pr~miv~d ~her~ W~d in h+ll, fin inwr~nc~ in ttv viwi studud poticy form, ~n • tw+~ approwd by tM MORTGI?GEE, and wind~torn~ ~
leaw~ h tM wwl ~undard po~~cl? f«n+. in • swe +pprowd by tM MORTG/1GEE; in sucA comp+nY w comP+nie~ a tM MORiGAGEE n+ay
dinttt and ~II fk~ ~nd wind?to~m irauraew policas on any of said build~nps. ~ny inhrot tMrtin w pa~t therwf, in tl+~ p9rp~t~ ~u~ ~fatsaid w
M u~c~a therwf, sA+li com~in th~ wus~ standud mortyapN clavs~ w sucl? od+K davw s~ tM Matya~ may rpu'w~. i*+?fnp tM bu w+dK sa~d po14
eip, ~ad~ and tvKy. paYabl~ w uid MORTGAGEE u ib intae~l may ~ppaa?, and tach and ~very tvch poliq ihalt b~ promptly ~ii:9ned +nd dNivKed ro
any lwld I,y ~aid MOR7GAGEE as tur~her wcvrity to wid mort~a~ d~bt. ~ed, not less tMn tM l10) day~ i~ adv+nn of ~h~ ~xpi~ation of each polrcy, ro da
Uwr ~o said MORTGAGEE • r~newal tF?Kwf, top~thN with ~ rec~ipt for tM pr~+niwn of wch r~walj sr+d tMn sMll b~ no fw~ a winditam imur~~c~
pl~d on aMr of ssW bvildinps, u~y intKa~ N~~in a put tt»reof, unteu io th~ fwm'ud with tM lou payabl~ ~s ~i«~i+idj +~+d k+ th~ ~v~nt ~ny sum
of n+a+~y baco~nn p+Y+bl~ w~d~r wch po1k1? or Poliua said MORTGAGEE sMll Aaw ~M~ option to ~~ceiw ~d +pply tM s+m~ on accounl 01 tM i~debt~
n~st s~cv~~d IMnby a b pK~t Nia MORTGAGORS ro rKtiw ~ed uM it Or ~~y put thersof for other purposes, w~lhout ths.ebr waivi~y o~ ~mpair-
inp ~ny puiry, ~i~n a riph~ wwla a by virtw of this mor!y+p~r +~d in tM ~vent ~aid MORTGAGORS sMll fw sny nason fail ro ke~p tM s~id premis~s w
insur~d, or f~fl b d~IivK promptly ~ny of said polities of insunncr M said MORTGAGEE. ot f~il prompHy ro pay fully any premium thertfa a in ar+y
nsp~et fall a paf«in, dischu~• lkOtVtO. ~ff~ct. compl~t~. comply wirh «+d abid~ by this covN,ant, w ~ny pan herwf. sakf MORTGAGEE may pl~ce and
ar ~ «•^Y P+~ ~~~f wiMou~ w•Ivirg w•ff.crinp aMr op~ion, li.n. .qu~hr. o? ripM w+d.• or by vinw of ~his Mo.~ysp.. •nd iM
fvll amo~nt of ~ach ~nd ewry wch WYmMt sMll b~ immed'ut~ly dw ud p~yabM u~d sh+ll b~u intNest from th~ dat~ ths~eof until paid at th~ ~at~ 01
nin~ pM c~ntum pN ~rnwm and fopether with tucA interat iMll b~ aecured by tM li~n of this mort~ap~.
1. To pKmit, cann?it or suf4a eo wuts. 1mp+irmeM o~ det~riowtan of said propKry or any put thsrwf.
S. To pay all and w+pular tM.coats, charqes snd txp~nses, includinp • reason~bl~ ~ttanty's fe~ u+d cosb of ~bthacn of t:tl~. incuned or p+~d at
~ny tim~ by s~id MORTGAGEE, b~caus! w i~ tM ~wnt of tM failure on th~ put of th~ uid MORTGAGOR ro duly, promptty ~nd fully p~rfonn, diicharg~ :
•xecut~, tff~d. aompkt~, cempN with ~nd ab~e by ~+di and ~very th~ stipula~~ons, ayre~ments, coaditioro. ~nd aown+nn of said promissory not~ +nd tFw +
matpape arhr a ti~her. ~nd uid tosM, chupes ~nd ~xpernes, tach and ewry, tMll b~ immdiately dw u~d pay~blt: whether or not tMr~ b~ notiti da
m~nd, ~tt~+npt ro coll~et or wit p~ndirps +nd tM fvll amount of ~ach and wery arch Wrn+~+n sl++ll bea. imer~st from d» d+t~ tl+Kwf vntil p~id tlK .
rate of nine per untuen per aruwm: end ~~I said o5s», chupes and expar+sts incurred or paid, top~ther with such intHqt, ~h+tl b~ a~cwed by th~ Iwn of this ~
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a. Th~t j~ in the ewet of ~ny bn+ch of this lNorty~pe w defauh on th~ pa~t of th~ MORTGAGOR, or (b) ln tM event ~ny of ~aid wms of mon~y
her~in r~fand to bs rwt promptly and fully p~id within thirty (30) days next siter tM sa~n~ sevaally becan~ dw and p~yabN, wi~houl demand or notice.
or W in tM ewrp each and every ths s~ip~latio~s, apr~emenn, oonditions ud coven~nn of is~d promiuory not~ ~nd this morp+pt any w ~ither an no1
iuly, promptly and fuly p~rform~d, d;scharped, execvted, ~ffected. canpl~ted, complied with ~nd ~bided by. then in either or ~ny such ~wnt tM s+id a¢
prq,H~ wm m~ntio+Md in said proadsswY noM tt~ee? nmaininp unpa~d. with interest ~cuued, and all moneys ucured har.Sy. sMll becom~ dw a~d p+y~
abl~ tathwith„ a tFwsaher, ~t the optan of said MORTGAGEE, as fully and completely as i( all of the wid wms of morKy were oripieully atipulated ;
to be p+id on wch daY. ~nylhinp in sa7d prwnissory noro or in this Mort9age to tM con~r~ry notwifhstandinp; and the~eupon a thereafta ~I tM op~ion of
uid MORTGAGEE, without not~u a dem+nd, wit ~t lawr w in puity, thnefwe or thereaf~er begvn, m~y be prosecuted u if ~II rno~eys ~cur~d hsfeby
Fud rn~t~red prq~ fo ib iiatitution.
7. That in t1» went tfiat at th~ beginning of o~ ~t ~ny tirta pendirg ~oy s~it upon this Mortgage, or to fweclos~ it, or to refwm it, a to enforo~
payenaa of u~y daims here~nder, said MORTGAGEE shall spply to the Coun having jvr~sdtaion thereof for the appou+tment of s Receiver, such Court sF?~II
forttiwith appoint a rtceivN of said mortpagsd ptoperty all and siny~tar, includ~ng all ~~d singuls~ the income, profits, iisues and revenues from wh~t~v~r
wwu duived. ~ad~ and ~very of which, it beinp expressly wwkrs~ood, ii hersby mortgaged as if spec~fically set fwth and dewibed in tl+~ 9r~ntinp and !
hsb~e+dwn da~nts Mreof, and such Reuive? sh+ll Mve sll the b?o~d and effective fvnct~w~s and powe?s in a~yw~se eetrusted by ~ Coun to a Rcteiver, snd
~uch appointn+ent sMll bs n?+de by sucl+ Court +n admitted eqvity snd a m~tter of absolute rght to s+id MORTGAGEE, and wi~hout referenc~ to tM ~
adeqv~cy a k~adequacy of the v~lw of the pioperty mortyaged or to the wnrency or insolvency of ~aid MORTGAGOR w the defendann, ~nd that s~ch
rents, profib, incane, issues snd revenues sMll be applied by such Receiver accordinp ~o the lien w epui~y of said MORiGAGEE u~d th~ pnctiu of svch
Court.
8. To duly. promptly ~nd fully perform, dxhs?9e. execute, effect, c+a~lete, comply with ~nd ~bide by each ~nd every the stipulsYwns, ayreemenb.
cond'nions and covenami in said promissory ~ote and ~Iw mortg+9e set for~h.
9. That in th~ event tM ownership of the mortya~ed premises, a smr psrt N+ereof, becomei vested in a pe.son othe~ than the MORTGAGOR, tl»
MORTGAGEE, Hs succeswn +nd sugra, n++Y, withow no~ice to ~he MORTGAOR, deal with such wccesso~ or successor in imerar wirh refc?ence to tha
mortp~e and the debt hereby secwed in the tame mamer ~s with /Nortgayw wi~hout in ~ny way vit]atbg or discharp'u~p the Morty~gors' liabil~ty h~re-
under w upon the debt hereby secured. No sak of the premises hereby morty~ged ~nd no iorbear+nce on the put of the MORTGAGEE a its successon
w auigm and no ezternion of the tkne for the payment of the dcbt he.eby secured y7ven by tM MORTGAGEE or its sucoessars or assipro, shall op~raro
ro r~iease, d'adN~e, modi(y cMrpe or affect tM original Gab~Gty of the MORTGAGOR herein, either in whob a ie p~N.
10. h is spec~fic~lly s9reed that time h of the essence of this conusct ~nd tMr no w+iver of any obligatwn hereuoder a of the obliyation se-
cured htrtby sMll ~t ~ny time thereafter be held to be a waiver of the terms hereof w of tFro iratrument secured herby.
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11. In additwn to the forego:ng monthly payments of princ'p~l snd imerest required by the promiuory note secured hereby, morig~gw covenants
and agrees to pay ro mortgagee with e+ch momhly payment ~n add~tion~l svm estim~ted by mortg~gee to be eqwl to 1/12 of the anrwal cost of the follow-
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'ng:
A-All re+l property taxes kvied or assessed against the +bove dewibed real estate. E
b-Premiums on fire snd w'u~dstorm inswance as herein requ~red 1o be carried on the imp?ovemenb siwate on the above destribed prtmises. `
C-P~emiums on such mortgage yuaranty insurance +s mongagee sh+tl from time to time deam fit to orry w+ the losn secured hereby.
Mortgagee shall from time to time notify mortgagor in writirg of the amoum due and paysble here~nder snd such wm shall thereupon be due and
! payabls on the due date of the r?ext monthty psyment and each successive month thereafter ur.til mwtga~ee shall notify mortgsgor of s change io such
~ amount. Such swns shall be a ied b mort ee toward the ment of real o taxes, iruurance em:ums, snd mort e uarant insurance
PP~ Y 9a9 P+Y P~ P~nY P~ 9a9 9 Y
f premiwns.
i WITNE55 1lVHEREOF, the s~id MORTGAGOR has herevr+to set his hand and sea! the day u fFrst s~oresaid.
~ and del' ad ' presence of: '
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STATE OF FLORIDA ~
St. Lucie
courm oF
defore me p~rson+lly app~arcd Reymond Bergeron ~
iti!t
Angelina Bergeron his wife, ro ~„e Wen k ~~~,~ttie,~ ro b.
the ird'niduab described in snd wFw e:ec~ted tl+e forepoirg tnstrurnent, and acknow(edped before me tMt tF~ey execute~.~
- fer~tbe'pvrpose~
~~,Q;~ ,,,,d ~ ~,;d AnQe lina BerQeron
. ti~
W;f~ ~r t~. ,,w Ravmond Berge ron ~
i; .;r~~a;~„~.
~ exsmination by ms uken sepaate and apart from Fror said h~sband, adcnowledged to and before rn~ that shs exswled~ai~ ~tr~eq~eJtr fresl9 ari~ vekin~
rarily and witho~t arnr compulsion, constraint, apprehensan or eu of or from her said husbsnd. ry ~ F
WITNESS my h~nd and official sea) t' day of '1 1 ` 1~y ' ~ A.~~ ~1- ~
C' . _ „
~ t~ry Public M,~+d t« d,e S~»49 fleirij~'~f ~~r',~'+~
4. • My Commission enpires: + :
~ First fdersl San'rgs 3 loso IliwcisYan PI~K. S1J1! Of fl011~'~t~~t
~ Of Fort P~erce. R~C~~OF A. iAy Ca~wissio~ Expires Se~t. 23. 146~
pN0 N~Y . w.a.e a ~•«K.. a c«.rn c..
~ Fort Pierce, Flaids~~LEVC`~ C,~V ~,~~~0
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