HomeMy WebLinkAbout1199 To plac~ ~nd conYwwously keep a+ ~M bu:tcivgt now a t?e~e+fra ww~~~ on said land ~nd on all ~quipm~~~ u+d p~.sonally ro~a.~d by this +nor~y-
p~. w~th ~Q pemiuee4 ther~on p~~d in fuq, fu~ insur~oc~ in tF~ ~swl uaedud policy /orm, ~ iwn approv~d b~ ~M MORiW?GEf. s~+d windcw~n~
ir.~wwK~ in tM ~+su+i i~u~dard poGcy forrin, in a ~um approred by ~h~ MORTGAGEE; in w~h company a compani~s a tM MORTGAGEE nwy
duMj .nd all fir~ ~+d win~btom+ ins?.ya~c~ potKKa on u?y O~ f~id E~?ildinOs, My G1iNqt t~Ntti~l OI ~1 tMt~WI, in ~M ~ppreys*~ w~n daes~id or
in ~xceu ~her~oi, sMll conai~ t!~ uswl sundud ma~~a~ d~us~ w sucA ahe~ ctwse u ~Iw More~ap~e maY ~qv;.,.. nukfnp ~M bss ~ndaY s+~d po14
c~a. ~ac!? and ~verl. P+Y+b1e ro ~aid MORTGI?GEE ~s ~n intaest maY ~PP~+~. ar?d eacA and ~very iucA policy sh+ll b~ PraeWh ~u:~nad and d~1ivK~d ro
•ny h~{d by sa;d MpRTGAGEE u iwtAer slcv~ity ~o s+id mort~ap~ deW. ~nd, ew Ieu than ten (101 days G+ ~dva.xe of th~ ~ap'aatan of fach pol~cy, ro da
fivN ro Nid MORIGAGfE a ~tnewal thtrtof, toy~~hM witA •.eceipt ior tl+c pnmiwn ol sud+ renewal; and rhke sh~ll b~ eNa fu~ w windswnn inwr~nq
pl~c~d on ~ny of s+id bvildinps, My inter~st thsre~e~ or p~r~ tlw~of, ~nl~u in tM fwm'~nd wi~h tM loss p~yabl~ ~s ~fo~~saidj x+d in tFn sve~t any wm
ot moeKy becan~s p~yaW~ w~der wch policy w polici~s s~id JNO4TGAGEE ihall Aavr tM opt~on ~o rece;w and apptp th~ kme on accuw~~ 01 th~ indsbt~d
nesi s~cv«d hxtDy o~ w permit isid /NORTGAGORS to ~euiw and ~s~ if a any part ~hereof for o~hc. purposea, w~~hou~ the~eb~ wai~i~.g w r++pai~.
i~g any ~quily, litr? a riyht uede~ a by vi.tw of thit mort~a9~: and in 1M tvsn~ uw! MORTGAGORS sh~U tor any r~ason fail M ks~p tM said pnm+sa w
inswed p fa31 b dsliva pomptly u~y of said polici~s of im~nrw ro sa7d MatTGAGEE, or fail promptly w p~y fvlly any pr~mium the+efor or in eny
rssp«t f~il a p~rfonn, di:chuy~. execure. eff~. compbt~. comply wi~h ~nd abid~ by th~s cowoan~, or any put hs.eof, sa~d N10RTGAGti m+y plac~ ~nd
par for such tnswanc~ or anY puf tht~sof wirtavt waArinp or afhdinp a~Y optior~, 1i~n,, puity, or ripht und~r a by virtw of this Mat~, ~nd the ~
full amouet of sad~ ~nd ~vNy such payrrne?t ~I»II be irmmdi~taly dw and p~yabN and sl?al{ bear int~t~s~ from tM dat~ thettof w.::! p~id a1 tM uN ol ,
n~n~ pp ca?h+m pa arVwm +nd togethe. wi~A wch interest shill b~ a~n,red by tIK li~n of tAis morty~.
1. To pNmit. aom~~if or svHa eo w~t~. imp~irmeot or detKiorarioo of ~aid p~operry a any pirl thereof.
S. To pay aG and sinQular the tos», ciw~es and sxpenses, :ncludiny a reason~We ~ttwney'~ fee and cosK of ~bstncb of tide. N~cvned a p~id st
any Y~me by sa~d MORTGAGEE, beca~a? or tn the .ven~ of ~he f•ilwe w+ ~he pu~ of ~he s•id INORTGAGOR ro duly, pranPtty ae~d fu11y p~rform dxhug~
execute, etfed. caeplet~. tomply with and ~b'vie by .sch and eve~y rhe sripulahons agreamenn~ cond;~;orr,, and co,ro,wnn of sa~d p~omluory nw• a.~d ~!w
mony+9~ any w ei:he~, s~?d sa~d cos~~, chu~s and experses, each and wery. shall b~ i~nmed~ately dw ~nd pay~bk: whal+N or rat thar: b~ notki d~
mand, anempt ro colkct a wit pN?finp: ~nd tM full ~neount of each and eve~y wch p~ym~nt ~Mtl beu i,nterest tran tM dat~ rA~reof vnNl paid ~1 the
rare oF nirK per ce~rwn per an,wm,; and ap said cdsts, chuges snd expe~ua incur~ed a paid, bpetl+e~ wiih ivch inter~st, sha{I M aecwed by th~ lien of thw •
"'ortyape•
A. l}~f in the evenl of any brcach of this Mortgsg~ a defa~lt on the put of tly MORTGAGOR, or (63 in tM evem any of ss~d svms of nan~y :
herein rttrred to be ewt prorxpny uK! fully paid withi~ ~h'aty (30) days nea~ after the same severally become due ~nd p~yaWe, wi~hou~ d~mand a naic~. ~
or in the evsqt exh snd eve~y the stipul~tions, ~greeenents. conditions ae~d coven~nb of ss~d praniuory note u~d ~h;s mw~g~pe ~ny a r::her ue eal '
iuly. promprly and fvlly perfwmed, d~scharped, executed, ~ffected. complered, compl:ed w~th and ab+ded ~ay. than in ei~her p any wch ewnt the sa~d a~ ~
Dresat~ wm mentioned in sa;d prem;asory nots then ~emainirg unpaid. wi~h in~erest ~cuued, and a!1 moneyi secured herebr. s1ut1 beci~-~e dw and p~y. i
~bfe futhwitly a thereafter. at the opiqn ot said MpRTGAGEE. ~s fully and complefely as if stl of the said swns of mw~ey were or:ginaNy ttipu4ted ~
!o be pa7d or~ svch day, anything in sa.d prom:asory note w in this Mwfgage w the conuuy naw:~hstand~ng: and IAlflVP011 01 tI1l~NFtN a1 fltt Op~iOA O~ ~
said MORTGAGEE. w;~hout notic~ a dem~nd, suil at la~v w in equity. tlel~lfOtO Of thNNftM beg~n, mar be prosecuted u if stl mw~eys sacund I~ueby ~
had matWtd prpr 1o ib inititution.
7. Tha~ in the event that at thc beginn:rg of w ~t any tune pend;ng auy w~t upon ~h~s Mwtg~ge, w ro fweclose it, w w. refam it, or to enforp '
payment of u~y cliims hereunder. ~a;d MpRT(',AGEE sh~ll ~pply to the Caxt havirg ju.~sd~c?ion thereol fa t1~e appantmeM of a Receiver. such Cowt ~II ~
iutliwith appant a receiver of said mort9aged properry all and sirgufar, i~clud~ng dl and siogvlar fhe inco~ne, po(;fs, issues ar~.+ revenues from wha~ever
wurce derived. each and every of wh~clti it be:ng expressly w~derseood. ia hercby a,or~9ag~d u if spec;(ically set fath +nd desuibed in tAe qr~ntirg and
habend~Kn davses hereof, and such Receivcr shall have ~tl the broid and ef(eaive funcrwns ~nd powcrs in anyw~se eatrusred by a Court ro a Receiver. and
such appointment shall be made by wch Court ss an ~dmitted eqviry and ~ matter of absolute right ro said MORTGAGEE, and wirhout reference ro th~
edeqvacy w in~deq~rsty of the wt~re of the property mort9~ged or to ~he sonre~cy w inwivency of said MORTGAGOR or the dctendants, and that iuch
renrs. profits, income, iasves and re'venues ~hatl be apptied by ~uch Receiver xcwdinq to the lien or equity of said MORTGAGEE u~d the practiu of such
CouA.
8. To dah, prompHy and fully perform, ds~h~rge, execute, eifect, con,pkte, comply with ~nd sb~de by cach snd every the stipvlations, ~greement~,
conditions and coveMrns ;n ss;d prwr,;ssory nore ard ~his mwtgage set forth. ~
9 7haf in rhe evenr rhe owne.ship of rhe mo.tgaged prem;ses, or .ny perr the.eof, becwnes vested in ~ person other thsn the !u10RTGAGOR. th~
MORTGAGEE, its svcceuon snd auigns, m~y, w;thou~ notice to 1!rc MORTGAOR, deat with such svcceasor w successo~ ;n ;nterest w~?h reference ~o this
"'°rtgage ~nd ~he d~bt h~?ebY secwed in Me ssme manner ~s with Mwrgago. w7rhout in any way vit~at:np or d7schuging the Mwrg,~gws' liabiliry hrra
under or upon the deb~ hereby secured_ No s~le of the Fremises he.ebp morfgaged and oo forbearsnce an the put of the MORTGAGEE a its successws
or s:s'gm and no e:rension of the time for the psymem of the debt hereby secvred given by tbe A1pRTGAGEE or in svccessors w aui9os, si~ll operaro
to relea~e, diachi~~, mod;fy charge w affect the orig~nal li~b:tiy of the MpRTGAGOR here'u4 either in whde a in R~rt, ,
10. It is specificilly agreed that 1'~me is of the essence of this contract and tiwl no waiver of any oblig~tioa hereuoder or of the oblig~tioe se-
a,red hereby s!?~II a~ any time thereafte~ be held to be a waiver of the terms hereof or of the instrume~.t secured herby. -
I1. In addnion ro the fwego:n9 mw,~h1Y paYmenrs of p.inc'p~l and iner.es~ requ~red by the p~om;sswy nure sec,Ked I+er~by. ,nwtgagor cov~,Wnrs
and ~grees to pay ro mortgagee w;th each momhly pay.nent an add;rionsl sum esumated~by mortgagee to be eqwl M 1~)2 of the annual cost of the fdlow-
'ng:
A-All real properry ts~ces kvied or assessed agai~?st tF+e sbove dewibed resl estite.
B-Prem~ums on fire and windstorm ins~KU:ce as herein requ:red to be urried on the imp?oveme.~ts sitvate on the ibove desa~bcd prem;ses.
C-Prrmiums on such mwtgage guuanry inswar~ce ss mortgagee shall from t~me to time deem fit ro cxry on the Iwn secured hereby_
N~ortgagee shall from time to time notify mortgagor ~n wr;t~ng of the amount due and payable hereunder ~nd such wrn shall thereupon be due and
payable on tFe due date of the next monthty paym.ent and eacfi successive ma~th thereafter ufriF mortgagee shall ratify mo~tgagor of a chtnge in such
amount. Such s~ms ahall ~ apptKd by mortgagee toward the payment of real prope~ry taxes, insurante prem:ums, and rrwrt9aga 9uaranty insurance
premiwns.
,
iN WITNESS NRiEREOf, the sa' AAORTGAGOR has hereunto xt his harrd and sea! the day and yesr fint aforssa;d. i
~kd and livered the pr of:
; _ ~
. ~
ee ~ 'n
n
STATE OF FLORIDA ~
courm oF St. Luc~e
e~fae m. ~,«Wu,, .~~.ea _ Raamond BerQeron
T~gel i T18 Bergeron his wiTe, to me well known ~nd known to me to bs
the ind~v~dwb descnbed ~n snd who executed the foregoing instnwnent, and adcnowledged before me that they executed the ssme fw tF~e pwposes
~~'H^ ~xa~. ~ r~ AngQlina Bergeron
W~f~ o+ - Raymond Ber¢eron - ~ ~ xp~~te and privat~
exarouNtan by me uken scpars~e and apart ftom her said husbsnd. ~du~owkdged ro and before me that she executed aaid instrument freely and volvn-
tarily and wnhout sryr compulsan. co~straint, spprehenian,_ q/ feu of a from her aa;d fwsbsnd.
WiTfYESS my h~nd and offiwl seal thi~ ~ud~• . d,p or -December ' Ej7
A. D. 19
~ ~
~ Notary PuWit in and for the S~+t o Florida aI La~gi
My Commiuion eap%res: ~~~1
Return Ta
Fint F~de~a! Ssrings t~ Loan As~ociatan . • -
Of Fort P~erce_ NOliry Ptlait, SIilB Flo+ida at Lar9e
~on P;~.a~. F~o.~d: 11~r Co+rmussion E:pires No.. 3. 1969
~0 RENDY~F
p~. ca.a.e F.. a c.~ co.
.
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