HomeMy WebLinkAbout2632 To pl~c~ and continuouily keep on ~M buitdings now o? M~e~fter situa~s on i~id land and on all equipment ~nd p~rsonallY cova~d by tAis mort~
~ys, with •II premiurns ~hereon pa~d i~ full, (ire iniu~+nce ~n the viual sundard policy form, ~in a sum approved by the MORTGAGEE. •nd wir?dstwm
in~uranc~ In tFr uswl ttandard pol~cy (am, in • sum approved by tM MORTGAGEE, in such company or comp+nies as ~M MORTGAGEE may
dirKtj and +11 i'u~ ~nd wiodatorm ins~rancs polic~es on eny of satd build~r+y~, any interest therein or part thereof. in tM ayp~ey~1~ sum ~for~taid ot
In ~xc~a ~hereof, sMl~ cont~ir? the usual i~andard mortgagee clause a such othsr cl~use ~s th~ Morlgaye~ m~y ~equ~re, makiny tM Iois undN sa~d polF
ciN, e+ch u+J ~vay. psyabk 1o said MORTGAGEE ai its intere~t may appa+?, and e+ch and every such policy ~hall be promplly +ss:gned and de~ivered ~o
~ny Mld by aid MORTGAGEE at furthe~ security to said mortyage debt, and, not less tMn ten (10) days in sdvance oi tF» expir~tio~ of each policy, to dr
live~ to uid MORTGAGEE ~ renewal thereof, Io~ethN with a reteipt tw Ihe premium oi suth renlwal; and Ihere shall b~ no fir~ w windsto~m insuranct
plaad on any of aid bvitdirgs, any i~terest therein o? put lhenof, vnless in tM form'end wi~h 1M loss payable ai afaesaid; and in tht eveM ~ny sum ~
of money becomes payable under iuch policy a policies said MORTGAGEE ~6a11 have tM option to receive and apply the isrrN on +ccount o~ ~M indsbted- ~
ntu secvr~d Mreby or to permif uid MORTGAGORS to receive ~nd uis it w any part the~eof for other purposes, without thereb~ waivi~ig o~ u*~pa~r• ~
;np ~ny pu;fy, litn or right under or by virtue of this mortgage; ar+d i~ ~he event said MORTGAGORS shall (w a~y reason fai) to keep the ssid premisei w
ins~red, d fail ro deliver promptly any of said po~icies of insunnce to said MORTGAGEE, w tail promptly to pay fu~ly any premium therefw a in any ~
respect fa~l b perlam, dischar9e, exec~te, ~fFect, complete, comply witn and abide by ihii covenant, a any gart hereof, said MORTGAGEE may pl~te and ~
pay fa such iiqurance or any part thereof without walvin~ a affectin~ any option, li~n, equity, w right under or by virtw of this Mo~tga~s, ~nd 1he ?
full amount of each ~nd every tuch paymcnt shall be immediately due and pay~ble a~d ~hall besr interest from ths dats thereof until paid a~ tM wt~ ol I
nine pe~ tentum per annum and to~elhe~ with sut~ interesf shs~l be secured by ih~ lien of this mwtg~ge.
To permit, commit or wffer no waste, imp~irment w dNerioratian of iaid property or ~ny part thereof. ~
S. To pay ~II and singular the ~costs, charga and expenses, including a reasonable attc+rney i fee and costs of abstracts of tit~e, incurred or psid at
any Yune by uid MORTGAGEE, becavse w in the event of the failure on the part of the said MORTGAGOR to duly, promptly snd fulty perform, d~uharge,
rxecvte, ~ffect, complete, comply w~th and abide by each and eve~y the stipulations, agreemenn, conditions, and covenant~ of said promiswry note ar+d ~his
mwtgs~e any or e~ther, and sa~d costs, charges and cxpenses, each and every, ihalt be immediately due and payabte; whether or not there be notice de
mand, ~tttmpt to to~iKf or suit pending; and the full amount of each and every s~rch paymeM shall bear interest from the date thereof until paid +t the
rate of nine per ce~tum per annvm; and all uid costi, charges and expenses incurred w paid, together with tuch interest, shall be sscured by tM lien of thit
mortpap~.
6. Tl+at (a) in the event of any breach of this JNortgage w default on the part of the MORTGAGOR, a(b) in the event any of sa~d sums of money
he:ein referred to be not prompt~y and fully paid within thirty (30) days next aftei ~he same severatly becor~ne due and p+yable, without dem+nd o~ notice,
or in the eveM e~ch snd every the stiputations, agreenxnts, conditions s~d covenants of sa~d promisso~y note and th~s mortgage u~y or e~ther +re nol
iviy, promptly and fully performed, d~uharged, executed, effected, completed, camplied with and abided by, then in either or any tuch evem the said ag
yrcgeg+M sum meMbned in said promissory note then remaining unpaid, with iMerest accrued, and all moneyt secured hereby, shall become dW and pay-
able fwthwith, or thereafter, at the option o( said MORTGAGEE, as fully and completely as ii all oi the said sums of money were originally ttipulated
to be pald on such day, anything in sa~d prom~ssory note or in this Matgage to the conuary notwithstsnding; and thertupon w thereafter al the option of
said MORTGAGEE, without notice or demand, suit at law w in eq~ity, therefore o? thereafter begun, may be proxcuted as if all moneys secured hereby
had matured ptwt to its institution.
7. That in the event that st the beginning of or at any time pending aoy suit vpon this Mortgage, w to fwetlou it, or to refwm it, or to enfores
payment of any claims Fxreunder, said MORTGAGEE shall apply to the Court having jurisdic~ian thereof iw the appo~ntment of a Rece~ver, such Couh shsll
fortFiwith appoint s receiver of said mortgaged p~operty all snd singular, includ~ng all and singu~ar the income, profits, issves and revenues from whatever
wurce derived, each and every of which, it bcing expressly undersfood, is hereby mortgaged as if ipec;tically set fwth and described in the granting and
habendum clauses hereof, snd suth Receiver shall have sll t!x broad and effeaive funct~ons and powcrs in anywise entruated by a Court to a Receiver, and
such appointment shall be made by such Court as an admitted eqyity and a matter of absotute righl to said MORiGAGEE, snd without reference to the
edeqwq w iosdequacy of the vslue of the property mortgaged or to the sonrency w insolverxy of seid MORTGAGOR or the defendants, and that such
renrs, ptoEits, intame, iuves and revenues shall be applie~: by suth Reteiver according to tht lien a equity of said MORTGAGEE and the practite of suth
Courf.
8. To duly, promptly and fully periorm, dischsrge, execute, effect, complete, comply with ~nd abide by each and every the stipulations, agreemenri,
conditions and covenants in said promissory note and this mortgage set fath.
9. 7hat in the event the ownership of the mortgaged p~emises, a any part thereof, becomes vested in a person other than fhe MORTGAGOR, ths
MORTGAGEE, its successors and assigns, may, withovt notice to the MORTGAOR, deal with svch succeuw or successor in interest with reference to this
matgsge and the debt hereby ucured in the same manne~ as with Mortgago? w;thout in any way vitiating w discharging the Mortgagors' liability here-
under or upon the debt hereby secured. No sale of the Fremises hereby mortgaged and rto forbearance on the part of the MORiGAGEE w its successws
or assigru and rw extension of the time (w the payment of the debt hereby secured given by the MORTGAGEE or its successors w au~gns, stiall operate
to release, discharge, rrwdify change a alfect the orginal liab~l~ty of the MORTGAGOR herein, either in whole or in part.
10- It is specifically agreed that time is of the esunce of this contract and that no waiver of any obl~gat~on herevnder or of the oblgation sr
a.red hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secu~ed herby.
11. In addition to the fwego:ng mo~thly payments of princ'p~l and interest required by the promissory nore secured hereby, mortgagor tovenants
and agrees to pay to mortgagee with each monthly payrnent an addirional sum estimated by morlgagee to be equal to i/12 of the annuel cost of the follow-
ing:
A-All reat property taxes levied or assessed agai~st the above desaibed real estate.
B-Premiums on fire and windstwm insurante as herein ~equ~red to be carried on the imp~oveme~ts situaTe on the above described premises.
C-Premiums on such mortgage gwranty insurance as mortgagee shall from t~me to time deem fit to carry on the loao secured hercby.
Nbrtgsgee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and
payable on the due date of the next monthly payment and each successive mo~th lhereafter ur.ti~ mortgagee shall notify mortgagor of a change in such
amount. Such sums sF.all be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty insurance
p~emiums.
i IN WITNESS WHEREOf, the said MORTGAGOR has hereunto set his hand and ual the day a year irst aforesaid.
~ L~ Sip~ad, Seal and livered in thc p? of• ~
~ ~ m1 'n
E sn
~ .t~i (Se~4
~ ~Seaq
STATE OF FLORIDA ~
St . Luc ie
COUN7Y OF
eero.e ~ ~.s«wuy a~ea.ed Ravmond Beraeron
Angelina Berc~eron his wife, to me well known and known to me to be
the individwli described in ~nd who executed the fuegang instrument, and acknowledged before me that they executed the samt fw the purpoaes
rtierein expreued. nr~d the said Anqplina 6er~eron
~ wife of the said Ra,ymond Bergeron , upon a xparate and privst~
~ examin~tion by me taken separate a~d apart from her said husband, acknowledged to and before me that ahe exetuted said instrument freely and volurr
~ tarily and without •ryr compulsion, constraint, apprehension, w fear of or from her said husband.
;
~ WITNESS my hand and official seal this day of Marc a p. 19 68
~ l'Q1lQ~-Q ~C1u.~A.
Notary Public in and for the State of Fbrida at Lafye ;
` My Commasion expircs: 16 -7/ ~
- Ret~rn To: y,
" Fint Feder+l Savings 3 loan Associat~on • NOTARr ?UBLfC, aTATE OF FLDRIDA AT t.'R]E
Of fort P~erce. MY COAAMI5SION E~(PIRES NOV;. , 1 ~
FIlEO AN~ RECORDED~ •oNOEO 7MRNUyp F_RED w. p~~.~~ ::.f :
~ Fo~r Pierce, Flwida ST. LUCIE COUNTY, FLA. ' 3
- e,t-;;~~~rr~ ~ : ,
:Y# `~65120 _ . ' . _ ~
~ e~2~ea bY ~ - .
~ ent p' S ' I 0• 4 0
j;?is ~r~t ~~4
S~v- ~ L~~3n ~,s 68 M~R I 2 ~!M • -
Fi~st f~ ~~o ie cz ati~Z~
~ oy;` ~~~JC~Cv - -
~ ~ .
. . .'O:T?:.$
~ ~ CLERK CIRCUIT COURT ;
~ ~
.y~ f ~
't ~ BOOK 1~~0 PAGE~~ ~ ~ ~
~
'ay'eia' ,+x.:.r,`~r ''_~c'-.
. . _ . _ _ s.. , . . . f