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HomeMy WebLinkAbout0169 a ~ - Z. To pl+ce •nd continvously kkp on tM buiidin~s now a h~r~?sftK ~itu+t~ on ~sid luid ~nd on all equipm~~t ~nd pawn~lly covK~d by this morp~ sp~, with all pnmi~rt?s Iherwn p~id in f~ll, fin insw~nc~ In ~he uswt standard policy form, in a sum approwd by ti» MORTGAGEE, ~~+d windstorm Inswanc~ tn tM ~swl ttands~d poliq fam, in a wm ~pproved by tM MORTGAGEE. in wch tomp~ny a comp~nies ~s tFr MORT('aAGEE m+r dir~ctj ~nd all tir~ and windslorm i~wrae+p polici~s ot~ any of ssid buiWi^ps, ~ny intereit therein or part therepi. tn tM apyreyue wm aforesaid o~ in ~xeess tharaof, sMll contain the vsw! abndard matps~e~ ctsus~ w iuch othsr claus~ as Ih~ Mo~tyayee may requin. makinp ths bss u~der asid poli. c'~es, each and every, payable ro said MORTGAGEE as its internt may ~ppsar, ~nd e~ch and every such poliq shall b~ promptly au:~ned and delivered to •ny heW by said MORTGAGEE ~s furthK set~rity to ssW mortyaye d~tbf, and, ~of ks~ ~han ten ()0) days In adva,xe of ths expiraYwo of each policy, fo da liv~r 10 ~aid MORTGAGEE a renewal thereof, to~e~hN with • receipt for the premivm oi suth ~a?ewalJ end ~Mre shail be oo f~re or windstwm loiu~~nc~ placed on any of said b~ildi~gs, any inlerett tfieni~ or part the?eof, unleu i~ the fam and with tF+s toss p~yable as afwesaidt ~~d 1n tM ~wr~t any sum 01 ma~tY becomes payaWe ur~de~ such polky w policies said MORTGAGEE shsll fiavs tM optwn to receiva snd apply tM same on accovnt of tM indebted- ness ~svred he~eby a 1o psrmit said MORTGAGORS to ~eteiv~ u~d ws it or ~ny pa~t thereof fo~ other purposes, without thereb~ waiving or impair- inp ~ny puity, lien or riyhl w+der or by virtus of th4 mortyage; snd to fhe eva+t uid MORTGAGORS shall fw sny reason fail to keep the taid premi~s so ins~red, or fail to deliv~. promptly any of said policies of ieaur~nu to said MORTGAGEE, or fail promplly to pay fully any premium therafor w in any respect fall to pMform, discharga, execute, effect, complete. comply with ~nd ~bids by this tovenant, or ~ny patt hereof, said ARORTGAGEE may plaq and paY for a~ch inwranc~ a any part thereof without waiviny or ~ffedi~y any option, Ikn, eq~ity, or right unde~ w by vi?tue of thls Mor1~s~~. and tM full smount of each ~nd ewry such payment shall b~ inwnediately d~?e u+d payabls s~d sMll bear interest from ths dale tl?e~eof un~il pekl at the rat~ of nine per centvm per ~nnum and together with such interest sha11 be secured by t1a lien of M1s mortgage. To permit, eommlt or suffer no wa~te, impaimrcnt a detcrioration of said property p a~y paA thereof. S. To psy all and sinp~lsr tF~e cwts, charges ~nd ezpenses, including a reasonabk atrorneys fee a~d cos~s of atxtracts of title, iocvrred w p~id ~t , any time by ta;d MpgTGAGEE, because or in tM event of the failu~e on the pa?t of the said MORTGAGOR to duly, promptly ~nd fully perform, diichar~ execute. etfect, oomplete. aomply with ee~d ab:de by each and every the itipulatioos, ag?eements conditions, and covenants of said pomiuo?y note and thi~ mortgape any or either. ~nd sa;d tosy, charges and expensa, evch and every, sh~ll be immediatety due and payable: whether or not there be notice de~ mand, attempt to colkct w suit pendingj and tM full arnouM of esch and every such payme~t shell bear interest from Ila date thereof un111 paid al the rate of nine pet centum per aiu~um; and all said costs, charges and ezpenses incvrred w paid, together with such intereaL shall b~ setured by 1M lie~ of thq mo~tyap~. 6. TMt (a) in the avent of amr breach of this Mortgs9s or defaull on the pan of the MORTGAGOR, w(b) in the event a~y of ssid svrru of rnooey herein roleared to be not promptly and fully psid within thirty (3p) days next after Ihe same uverally become due and payabk, without demand o? notite. or (c) in the evcnt each and every the stipulations, agrecments, conditiau and coveBants of satd prom~ssory note and th~s mortgsge any or either are not iuly, promptty snd fully per(o?rt~ed. dixharged, executed, etfected, complated, complied with and abided ~iy, then in either w ~ny s~ch event tM wid a~ gregate wm mentioned i~ isid promiuay note then remaining unpaid, with interest acuued, and all moneys secured hereby, shall become dve a~d pay~ able fwthwith~ p 1I1lfNNN~ at the option of said MORIGAGEE, as f~lfy and completeiy as ii atl of the said sums of money were wigena!!y stipulated to be psid on suth day, anything in said promissory note w in thia Mortgage to the contrary notwithstanding; and thereupon or thereafter at the optan of said MORTGACsEE, without notice a demand, wit at law or in eqvity, therefwe w thereafter begun, may be prosecuted ss if all mor?eys secured hereby had malured prior to its institution. • 7. That i~ the event that at the beginn;ng of or at any time pending any wit upoe this Mo.tgage, or to fweclose it, or to reform tt, or to enforos payment of a~y claims hereunde~, said MORTGAGEE sMll apply to the Court having jurisdiction thereof fo? the appointment of ~ Receiver, suth CouH sF~all fwthwith appoint a receiver of said mortgsged prope~ty a!1 and singular, includ~ng all and sinqulaa the income, profits, iuues and revenues from whatever source derived, each and every of which, ~t beinp expressly unders~ood, is hereby ma~gaged as if specifically set forth and desuibed In the grantinp and habendum clauses hereof, and suth Receiver shall Mve all the Fxoad and ef(ettive functions and powers in anywise entrusted by s Court to e Reteiver, and •uch appointment ahall be made by such Court as sn admitted equity and a matter of absolute right ro said MORTGACaEE, and witiauf roferente fo ths adequscy a insdequaq ot the value of the property mortgaged w to tfie wlvency w insolvency o! said MORTGAGOR or the defendann, a~d that such rC,en~t~' profits, income, iu~es and ~evenues s}utl be applied by svch Receiver according to the lien w equiry of said MORTGACaEE and the practica of such 8. To duly, promptty and fully perform, d'~scharge, execute, effett, compkte, comply with ar?d abide by each and every the stipulatwns, agreemeny, conditions and cove~?ants in said promissory note and this mortgsg~ set fwth. 9. That in the event the ownenhip of ihe mortgayed premises, o~ any parf thereof, becomes vesfed in • pnson other than fhe MOQTGAGOR„ th~ MORTGAGEE, its successon and auigns, may, without r?oY~ce to the MORTGAOR, deal with such suctessor or s~tcessor in interest with referente to this mortgage and the debt hereby secured in tf?e same manner as with Mortgagw without in any way vitiating or discharging fhe Mortgagor=' liability here~ under or upon the debt hereby secvred. No wle oi the premius hereby mortgaged and no fabearance on 1he part of the N1pRTGAGEE or its suae:son or augns and no extension of the time for the psyment of the debt hereby secured given by the MORTGAGE~ w its successws or assiyns, ~(1 operafe to refease, discharge. rradify change or affect fhe original liab;l;ty of t{x MORTGAGOR herein, either in whok or in psrT. 10. It is specifically agreed that time ia of the essence of this contract and that no waiveF of any obligation hereunder pr of tha obltqatiw~ se- cvred hereby shall st any time thereafter be held fo be a waiver of the terms hereof w of the instrumeM secured herby, 11. In add;tion to the fwego:ng mo~thly paymaMS of princ'pal and interest required by the promisspry ~ote secured hereby, mortgagpr cpvenant~ and agrees to pay to mortgagee with each monthly payment an add;tional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- 'ng: A-All real prope?ty taxes kvied w assessed agai~st the above described real es~ata B-Premiums on fire and windstorm inwrance as h~vein requ~red to be urried ort ~the improveme~ts sitwte on the above desaibed premises, C-Premiums on such morigage gva?anty insurance as mortgagee shall from t;me ta time deem fit to carry on the loan secured hereby. Nb?tgagee shall from time to time notify mortgagor in writ3ng of the amovnf due and payable he~e~nder and such wm shall thereupon be due and payable on the due date of tF~e next monthly payment and each successive month thereafter urtil mortgagee shatl notify mortgagw of a cRange in such amourtt. Sexh sums shall be applied by mortgagee toward tF?e payment of real property taxes, insurance premtums, and mortgage guaranty inwrance premiums. • IN WITNE55 WHERfOF, the said MORTGAGOR has ixreunto set fus hand snd seal the day ear finf aforesaid. Signed Sea a 1' red in ?F~e presence of: . b •q . sesq ~-n STA7E OF FLORIDA ~ courm oF St. Lucie r sefae ~,~.,«„iry a~arod _ R aynwnd B er eron snd Anaeli~ Ber~ren h~s wife, to me well known snd known to me to b~ the individwls described in snd wFa exearted tFa foreyoirg instrume~t, and adcrwvvtedged befwe me that they execwed the same for the pvrposes r~e~ ex~.~a. ,~,a rn, ~ Angelina Bergeron wiie of rhe said RaV~lorid B~~ron upon a sepa~ate aed privat~ examPnstion by me taken separate and apaA from her ssid husbsnd, adcnowledyed to and be~as me thaf she executed said instrummt freely and volvn- tsrily and without any'~~tompubion, wratraint, apprehperaion, or fear of w from her said husband, WRNESS mY. ~~d~+r~Jtofficial s~al th~ d+y of ~i~ . ' ' A D. 19_b.8~ , ; t ~ •'~,..s ~ ?.~~i .1 Q• ` r e~ . ti'` % sry u lic in and for ths State of Florida at L~r~s ~ • ; N ~ My eommissia, expi. ~~~'Z3-~o 9 ~ . ':R~,.~ i~: • . _ RECOR Fint Fsde~~i ~y~~s. e~ 3,0~ ics~c~~or~ FILEO AND ~ - : f Fo?t P~ert ~ ST. LUCIE COUNTY. FLA. .~'a~~~~~~: ~~f~? RE_COFt `~FRlF1E0 ' ~~j~ i : 1'71 ~ Z~ pN 12' 23 " ••-..,,,,..j,,,~,.• - '68 OC~ ' This Mstrument Prepar,ed By First Federal Saving;-~.Loan Association ~ F rt Pierce , aOG~R POITR~+S ~h~~ gy CI.ERK CIRCUIT COURT~ . aoo~~~~ ~ ~~9 / ~ - - - ~ . - _ ~ - cf