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3. To pl~c~ and continvously ks~p on the buildirps rww or 1+~r~afttr situat~ on ~~id I~nd tnd on ~II p~ipnNM ~nd pK~on~lly cov~tld by this nwrq'
sg~. with ~11 p~~miwns thereon p~id in full, fi~e insurance in ~hs usval st~ndard policy form, in • twn ~pprowd by 1M MURTGAGEE. w+d wi~+d~tonn
~~suru~c~ in 1l+t uswl ~~~ndard pol~cy fam, in ~ sum approved by tht MORTGA('sEE. in ~uch canp~^Y a coe^P+^~~+ M tM MORTWI~3EE mall
directj ~nd dl f'u~ and wind~wrm iniur~nt~ polK+as on ~ny of said build~npt, u~y inten~t tl+x~in w pan thKwf, in tM +ppn9+t~ sum ~fa~W w
w
in ~:cas therooi, shall con?~in tM utual ~unda~d mor~gagee clavse o~ s~ch wlw~ clws~ u tM Mat~a~ maY nq~ri». m+khq tlr bu wwlK ~+id po~F
c~es, tach ud eve~y. p~yable a iaKi iNV+tTuAGEE as ~is im~res~ may appear. ~nd ~+ch and .wry ~ud+ po~~cy sh+ll b. prompUy as:9n~d and d•Iiv.r.d a
.ny h~ld by said MORTGAGEE as furrhe~ security ~o said mor~gage debt, and, nw leu than ten (10) d+ys i~ +dv+nu of tM txpir+tion of Nd+ polky, ro d?
I~ve. to said MORTGAGEE a r~newal therwi, tope~her wi~h a rece~pt ior the premium of wch renew~ij ~nd tMn sh+ll b~ no fu~ w wind~ram inwrana ~
placed on any of s~id buildings, ~ny inrerest there~n os par~ ~hcreof, unleu i~ tM fwm ~nd w~th tM loss pay~bl~ as ~fw~saidj and in tM ~wnt any wm
of mon~y b~corms payaW~ u~de~ s~rch policy or pol~cies said MORiGAGEE shall Mw th~ optan to reoeiw u~d apply tM uen~ on +ccowd of tM fod~btd~
ne:s aecu~ed F~aby or b pe~mit ~sid MORTGAGORS lo receivs and ~se it or any part thereof fo~ other purposes, wi~hout thaeb~ waivirg w imp+lr- `
ing any puity, litn o~ ri9ht unde~ w by vi~tue of this matgage: ~nd in the event s+id MORTGAGORS sMll (a ~ny nason fail to ke~p tM s~id pnmi~s so ~
~nau.ed, a fail w d~liver promptly any of said poliues of insu~ance to said MORTGAGEE, a f~il promptly to pay fully ~ny pr~mi~m tMr~fw a M any i
respect fail 1o perfarn, discharge, execute, effed, complete, comply wirh ~nd ~bide by tlw ooven+nt, a any pa~t herwf. ~sid MORTGAGEE m~y pl+c~ u+d ~
pay fw such inwranc~ o~ ~ny put thsreof without waivinp w sffectinp a~y opt~on, li~n, puity, w ripht u~da or by vi~tw of this Mortpp~. ~nd tM :
full smounl of each and ~very sud+ payment shall be imrnediately due and p+y~bls and shsll beu ietatst hoen tM dat~ thsreof until paid at tM rab of ~
nine per centum per ~nnum and together with such interest shall be secured by tM iitn of ihis r..,;.-O~s~a.
1. To ptrmit, c~wnmit w suffer no waste, impairmem or deteriwation of said property or a~y put thereof.
S. To p~y all end sirgula~ tM cosn. chargm s~d expenses, includirg a re+sonable attorneY's f~e and t~:ts af s~na~ af tk!a. £~:v:r:d at gs6d s!
any time by said MpRTGAGfE, because or in the evem of Ihe failure on ths part of tl+~ ssid MORTGAGOR to duly, pron+ptty snd fvlly pKfo?m, diuhups~
execute, effect, complete, comply w~th and ab:de by each and every the stiputations, ~reemen?s, condirions, ~nd oov.nann of wd pranissory not~ and thN
mortgape +ny o~ ei~ha. and said costs, charges and expenses. each and every. iMll be immediately dw ~ed p~y~bt~: wMtF~ or oot thK~ be notip d~
mand, ~ttcmpt to collecl or suit pend~ng; and tF+s full amovnt of each and every svch p+ymen~ shall be~r i~t~nst fran 1M dat~ tFwrwf until p~id N tM
rare of nine per centum per am~um; and all wid costs, charges and expensea irKVrred or paid, togethet with iuth Int~rat. ~hall b~ a~cund bp tM li~n of thi~
mwip~a !
6. That (a) in the event of any breach of fhis AM1or~gsQe or default on tFr part of the AhORTGAGOR, a(b) 1n tM ~wnf any of said sums of rtwn~y !
herein referred to be not promptly and fully paid within th~rty (30) days next after the sams teverally bKaM dw and p~yabM, without d~mand o~ notiu, E
or (c) in the event esch ~nd eve.y the stipu{ations, agreements, cond~t'ans and coven~nn of ia~d promiuay nott ~nd this mwtpap~ any a ~itMr u~ no1 +
iuiy, prompNy a~d fully perfwmed, d~xharged, execu~ed, effected, completed, complied with snd sD'~ded dy, tMn in ~ithN or any wd~ twnt th~ s~id a¢ ;
gregate wm mtntaned in said p~omissory note then remaining unpaid, with interest scaued, ~nd all moneys s~c~nd. her~by, ahall Moom~ dw ar?d Wp
ab!e fathwith, w thereafter, at the opricv~ of said MORTGAGEE, as fully snd compktely as if ~II of ths s~id sunr of mon~y wtr~ orpinally ~tipul~t~d
to be paid on such dsy, anything in uid promisswy note w in this Mortgsge to the tonnary notwithstandiny; and tM~wpon w ihNNhN at MN option Of ~
sa~d MORTGAGEE, wi~hout notice w demand, suit at ~aw w in equity, therefore or tF~eafter be~un, may bt ~f~d as if all momys s~wnd Mnby ~
hzd matured prior to its institution.
7. TMt in the event tha~ ~t the begi~ning of or at any time pending any suit upon this Mort~sy~, o? fo Wr~doN k, or fo nfam It, or to Mforp
Paymenr of any cla~ms he.evnde., sa~d MORTGAGEE shatl apply to the Court having juriul~ctan thereof fa tM appointmtnt of ~ R~t~iwr, wch CouN sh+ll
(orrhwith sppoi~t s receiver of sai~ mwtgaged property all and singular, irxlud~ng all and singula~ the intorn~, profits, hsws ~nd nwnws fran what~wt
source derived, each and every oi which, it being expressly understood, is hereby mottgaged ss if apKifiully f!t fOrth u~d dewibd In fl~i ~rMtinp and
habendum clauses hereof, snd such Receiver shall have a0 the broad and effective functrons and powen in anywis~ entrutt~d by a Court tp a R~pIvM, ~nd
s~ch appointment shall be made by such Gourt as an admined equity and ~ rtytter of absolute riyAt fo s~id MORTGAGEE, ud withouf nfKtnq f0 NN
adequacy or inadequacy of the value of the p~operty mortgaged w to the sotvency or insolr~nty of s~id MORiGAGOR w tM d~f~nd~nri, and thN sueh
renrs, profits, incane, iuues and rever.ves shall be applied by such Receiver accwdinp ?o the lien or puity of said MORTGAGEE and 1M pracfio~ of wyh
Court.
8. To duly, promptly snd lully perfwm, discharge, execute, effect, complete, comply with ~nd abid~ by ~ath ~nd w~ry th~ ~fipulatians, aprNm~e~ts.
co~ditions and cove~ants in sa~d promissory rwte and this mortgage set forth. '
9. That ln the eveM the owr+ership of the mortgaged premises, or any parf thereof, becomes v~st~d in a p~no~ other th~n tl» NIORTGAGOR, th~
MORTGAGEE, its succeuws and assigns, may, without notice to the MORTGAOR, ded with tuch sutustoa w~utps~a in inf~r~t1 with ~ef~?aw~ ro this
mo~~gage and the debt hercby secured in the same manner as with Mortgagor without in sny way vitiat'ug or diKharyiny ih! Morty+pon' U~bl~ity h~??
under or upon the debt hereby secured. No sale of the Fremises hereby mortgaged ~nd no fpbNrsno~ on tM part of tM MORTGAGEE or it~ tvouswrs
or assigna and no extension o( the time fw the payment of the debt hereby secured 9iven by the MORTGAGEE ot ib wcpsfors or utipns, ahall op~rd~
fo release, discharge, modify change o~ affect the original IiabiGty of the MORiGAGOR her~in, ~ither in whole w in ps~t.
10. It is specifically agreed that time is of the essence of this contract and th~t eo w+iwr of ~ny oblipation Mr~under or of ih~ obli~tion N~
cvred hereby shall at any time thereafter be held to be a waiver of the terms hcreof or of the inttrument sKw~d hNby.
11. In add~tion to the forego:ng monthly payments of princ'pal and interest requ~red by the promissory nple ucured hereby, morlpagOr oown~~ft ~
and agrees to pay to mortgagee with each monthly payrnent an addirio~sl sum est~mated by mortgsyee to be equ~l ro 1 f 12 of the a~nual cost of tF» follow-
in~: ~
A-All roal property taxes levied or assessed against thc above described real estate.
B-Premiums on fire and windstorm insurar.ce as herein requ~red to be carried on the improvem~nri situat~ o~ th~ ~bov~ dtstribld prNniNS. f
C-Premiums on such mortgage guaranty insurar,ce as mortgsgee shall from time to time deem fff to urry on the ban ~eNred hsreby. j
~~I Mortgsgee shall from time to time no~ify mortgagor in writing of the amount due and payable herevnder ~od such sum sF?sU thereupon b~ dw ~nd t
Fayable on the due date of the next month:y payment and each successive momh thereafter until morfpspee thsll nofify morfgagor of • chanp~ in such I
amount. Such sums sF.all be applied by mwtgagee toward the paymeM of real property taxes, i~s~rante prem:wru, ~nd morfp+pe qwr~nty irouranc~ ~
premiumf.
IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and sesl the day ~nd y~a? ~nf afor~taid.
5~i -:.d deliver in t sence oi:
/ I _ ~ ' n
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STATE OF FLORIDA ~ ~
St. Lucie
courlTr oF
e~r«~ personally appeared Erneat B~rgandi at~d ,~,d
_ Crnl di P RPrgandi ha wife, to me well known snd known to ms to b~
rhe individwls described in and who e:etuted the fotegang instrument, end atkrawledged before ms that they ~xatuted the same fw tM p~rrpo~e~
therein e7tpl!!s!d /1nd ih! fai~ Cr(1~~ ~ BPZ+~A1'1(ji t
,~;•e of ,he ,,;a Ernest Ber~andi - , ,~„t. a;~,,,. ~
eram~nsYwn by me taken uparate and apart from her said husband, scknowledged to +nd before me thst she executed said irotrument freely and volvr~
rar~ly and witho~t a~ryr compulian, constraint, apprehension, w f ar of w from her said Fwsband. i
WITNfSS my hsnd snd offic7al sesl thi day of Se ember ~ p, 19 66 ~
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• sry Public in u+d w th~ Statt of Fbrida ~f lu~ ;
• :.;~utua~.:,Mr Commission ~xpires: ~
Retum Ta J~~; ~ ~ f~t. Swt! 0~ AOfldi it Vfq! i
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F~.~~ F~,Fp
~,~~~.s«RDED~ .~v,~=;, Expir~s SeQe. 23. 969 ~
Go..issio~ 4
ST . ~ ,
fOA~t,i~/ f(e~~NTY F~• ti'~ ~s., ~M~ A~icM Fi~ a GswMf G~ ~
~ ERIFIED ~ ~ ~
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~ss SEP ~e~'~ : ~ :
~ J ~ 'O • v is. Q ''/~J'
14 • -t~,^~••.......••°°
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CLERK ER ~'OiTR,~g ~~=~~.<<~». . _
CIRCUIT COURT
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