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Home My WebLink About1701 i 3. To ptac~ ~nd conU~uou:ly kep on tM buildinp~ raw a Mre~Ha ~itwt~ on said I~nd and oe ~II equipm~M and p~norully cownd by thls nwrt~ p~, with ~II premiums thenwa paid in fuil, fire insur~nn in ths uswl uandard policy torm, in a•um approv~d by the MORiGAGEE, ~nd wi~xlsto~m ie+sur~nce in the usuai i~anda?d policy fam, in a ium approvad by ~M MORTGAGEE, in tvch tompaay or tompanies as tM MORTGAGEE may dirodt and aA firs and wind~lorm insu~a~p polities o~ any of said bvildinps, ~ny interast tl?arein w put theteof, i~ IM ~rtyate sum aiwts~id o~ in excess Ihe~eof, iMN con~ain the usual standud mortysgee,clsuie w such other clauss as tM Mo~tgag~e m~y requM~, makinp tM lou unda wid pd~ des, each and svery, payabte ro said MORTGAGEF as iq interesf may ~ppcar, and each and every such poticy ihail be promptly ~s~:y~ed ~nd delivered to any held by s~id MORTGAGEE ~s furlher set~rity to iaid matpsge debt, and, not leu tMn ten (10) days in advance of the expiration of e~ch poticy, to da liver to said MORTGAGEE a ~enewaf the~eof, toqetMr with a receipt for the prtmium of tuch rcnewal; ar+d there shall be no fi~e or windstorm insur~nc~ pl~csd on any of said bvildings, any in~ereit therein w part thereof, unleu in ths form end with tM losa payable es atoreiaid; snd in tl+~ eveM any sum of money becpnes payable ~~der such policy or policiei s+id MORiGAGEE ahall haw the option 1o receive and apply the same on accounl of tha Indebted~ ness secu~ed hereby or M permit said MORTGAGOR$ to reteivs and usa it w any part thereof fa other p~rposes, without th`reb~ waivi~:g a impair- ing any eq~ity, 1'ien w right under w by virtw of this morsgspej and in the event said MORTGAGORS shall fw any reason fail to keep tF~e wid premius w iniured, q fail b tklive~ promptly ~ny of said policies of ins~rsnce to ~id MORTGAGEE, a fail prwr,pUy to pay fuily any pre~nium therefor w in any reipect fail to pKiorm, d~scharge, execvte, effect, complete, comply with and abide by this covenant, or any part hereof, said MORTGAGEE may pl~ce and pay (w such inwrance or sny pan thereof witAout w~ivinp a ~ffedin~ any option, lien, eqvity, w right ~ndc~ a by virtut of fhi~ Mongape, and tM fuil amovot of each and eve~y such payment shall be immediately due and payable and iha11 bear interest from the date thereof u~til paid at the ~ate of nine per tentum per annum and to~ether with such wnterest shsll be secured by the lien of this mortgsge. 1. To psrmit, commit w suffer no waste, imp~irment w deteriontion of said properry or any part thereof. 5. To pay atl and singular the coits, charges and expenfes, iocluding a reasonable ananey's fee and costs of absaacts ol titls, fncuned a p~id at ' any time by ~aid MORTGAGfE, because a in the event of the failwe on the part of the said MORTGAGQR to duly, promptly and fully perform, discharg~, , execute, ef(ect, complete, comply with and abide by each and every tl?e stipulations, agreements, conditions, and tovenants of said promiiwry ~ote and this mwtgage any or e~ther, a~d sa~d costs, cherges and expenses, each and eve~y, shsll be immediatety dve and payable; whe~her a not thera be notice de mand, attempt to mllect or tuit pending; and the full amount of exh snd every such payment sha~l bear interest fran the date thereof umil p~id ~t the rate of nine per tentum per am.um; and all said tosls, charges and expenxs incvrred or p~id, together w~th wch ioterest, shall be secured by ths lien of thit mwtyaQe. Q ll+sl {a) in the event of any lxeach of this Mortgs9e or default on the part of the MORTGAGOR, or (b) in the event any of said avms of mo~ey herein referred to be not promptly ared fu~ly paid within thirty (30) days next after the same severatly become due and payable, without demand M ~o1ke. or (c) in the event each and eve?y the stipulations, sgreements, co~ditions and covenants of sa:d promisw?y ~ote and th~s rr.ortgage any or either are not ~uly, promptly and fully perfwmed, d~xharged, executed, eifected, completed, complied with and abided by, then in either or any such evtnf Ihe ssid a¢ gregate sum memioned in said p?omisswy nota then remaining unpaid, with interest accrued, and all moneys secured hereby, ihall become dve and p+y- able fathwith, or thereafter, at the op~ion of said MORTGAGEE, as tully and completely as ii all of the said sums of money were aigiMlly stipulated to be paid a? such day, anythirg in said p~omissory note w in this Mortgage fo the contrary ~otwithstanding; and thereupon or the~eaftea at ths option of said MORTGAGEE, without no+ics w demand, wit at law or in eqvity, therefore w thereafter beg~~, may be prosecuted as if all moneys sacured heteby had matured pnor to its institution. 7. That in the event that at the be9inning of a at any time pe~ding any suit upon this Mo?tgage, or to foreclose it, w to reform it, or to enforc~ payment of any claims l~ereunde?, said MORTGAGFE shall apply to the Court having jurisdiction thereof fw the appoiotment of a Receiver, such Co~rf shall Forthwith appoint a receiver of said mwtgaged prooerty all and singular, includ~ng all and singu?ar the income, profits, iuues and revenues from whaterer source derived, each and every of which, it being expreuly undersrood, is hereby mortgaged as if specifically set fwth and destribed in the yra~ting and habendvm cla~xs hereof, and such Receiver shall have all the brosd and effective funct~ons and powers in anywise entrusted by s Court to a Receiver, and :uch appointment shall be made by such Court as an sdmitted equity and a matter of absolute righf to aaid MORiGAGEE, and without reference fo ths edequacy a inadequacy of the vatue of the property mwtgaged or to 1F?e sonrency or insoivency of wid MORTGAGOR w the defendants, and that such renu, profin, income, issues and revenues shall be applied by such Receiver accordmg to the lien w equity of said MORTGAGEE and the practice of such Court. 8. To duly, promptiy and fully perfam, dixharge, execute, effen, complete, comply with and abide by each and every the stipulaYans, agreemenTS, conditions and covenants in said promissory note and this mortgage set forrh. 9. That in the event the ownership of the mortgaged prcmises, w any part thereof, betomes vested ir~ a person oti~er fhan the MORTGAGOR, fhs t MORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal wirb svch successor w successor in interest with reference fo this mor~gage and tF~e debt hereby secured in the same manner as with Nbrtgagor without in any way vitiating or diuharging the Mortgagon' liability here- under w upon the debt hereby secured. No sale of the premixs hereby mortgaged and ~o forbearance on the part of the MORTGAGEE or its successon or auigns snd no extension of the time fa the payment of the debt hereby secured given by the MORTGAGEf or iti succeuors w auigns, shall operate to release, d~scharge, modify change w affect the wiginal liability of the MORTGAGOR herein, eitF~r in whole or in part. 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any obtigation hereunder or of the olsllpation se- cured hereby shall at any time thereafier be held to be a waiver of the terms hereof or of the instrumeM setured herby, In add~r;o~ to the fwego:~g monthly payments of prin~ pal and interest required by the promissory note secured hereby, mortgag_~wyaw qaM~' a~d ayrees to rt agee with each monthly payrnent an addirional svm estimaled by mortgagee to be equal to 1/12 of t~ s~f fhe futlow- ing: ~ A-AN real property taxrs levied w assess ' t the above deuribed real estate. B-Premiums on fire and windstorm insurance as herein requ~r t improvements situate on the above desuibed premises. C-Premiums on such mortgage guaranty insurarce a ee shall•from t~m deem fit to tarry on the ban secured hereby. Mortgagee sha?I from time to time ' ortgagor in writing of the amount due and payab e i and suth sum sFwl) tF?ereupon be due artd payable on the due tiate o monthly payment and each successive month thereafter urtil mortgagee sha ' rt agw of a change in x~ch amount. ,a 1 be applied by mortgagee toward the payment of real property taxes, in3urance prem:vms, and mortg ranfy insurance s. tN WITNE55 WNEREOF, the said MORTGAGOR has hereunto set his hand and seal the day a ar first aforesaid. , Signed, Sealed and deliv ed in the presence of: a~ a~ _ ~ 4 STATE OF fIORIDA ~ counm of _ St. Lucie ~ eeto.e me pe.,onauy .ppearea Ravmond Beraeron An~elitta Bergeron hi: wife, to me well known and known to me w b~ the irxlividwts descr~bed in ~nd .wt~ ~xecvred the fuegoing instrument, and acknowledged b~fae me thaf they e~ecuted the same for ti~s pwposet r+x.~~~ .,yr.~yed. ~N,..,y~~d . - Anqelina Ber9eron w~f~ of th~ s~1d~~ „~F~dS~DAa B@I96YOII vpon a separat~ and priv~t~ exsminat~o~~6y~ laitlA•leqA ar~d spart fram her said husband, acknowledged to and befor~ me that she exec~ted said instrument freely arxl voluo- ~arily and ~~~;AduY in~r ~ompu~~~tpast?ilnl. +pPrehens~on. or fear of or (rom he~ aaid fwsband. WITNE~S"mr•h~ind ~nd~ Offiqaj,sitl ~ ..L day of N ember A. D. 19 68 , y Notary PubIK in a~d for tF+e Sute of Fbrida at Luq~ ; ~ • - • ~ ~ ~ My Commisiion txpirq: , ••Rehrrn To: ~ ~ Fint Fadeyl' S~viri~^a ~~o~q•~/iociatiorl • ~01~Y P~. S~ ~ f~~ "'~ot. cw?~ v,qS4~•~~• i~y Goa~a~'~''f~lb~ires S~t. 2~. 1%9 c..~rn c.. EoN,Pierce.i~~lwida ~ M'~ST, ~UC~~~ ~~CORDED i n „ t, _ ~ TY, F~,A ~ This Instrument Prepared By First Federal Savings b Loan Association 11rn of Fort Pierce y I Zs ~ 9; y~ Checked By J. Collins ~ -p , , a c~~~~'''t ~ o I - 0 R ~ CrR~UiT ~ e00K1 /4 PACf16~1 ~ RT , 4 ~ ~ ' M _ cf