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Home My WebLink About1545 Y ~ To plx~ and contin~ously keep on ths buildings now or hereafttt ~itvsq on iaid Isnd and on all equipmeM and p~rsonally covered by this mo~tQ~ +y~, with ail premivms thercoe? p~~d in full, fi~e insu~anc~ in the wswl sta-+cla~d po1Ky form, i~ a s~m approved by ~h. ntiORrGnGEE, and wi~dstorm insuraoct in tM uswl uandard poi~cy iam, i~ a sum ~pprowd by 'the MORTGAGEE, in sticb comp~ny u canpaniei as ths MORTGAGEE may dir~clj and all iir~ and w~ndstorm ::.wruws policNes on ~ny of is'~d build~nps, any interesl 1larein or part thereof. t~ Ihe ay9rc9ate sum ~for~sald a In ~xcess thenof, sMll ca~tain ~he usual s~andard mortyayN davs~ w such o~he~ clauw ss tM htorrpayea may requu~, makinp the los~ vnder sax! poll~ ) cies, exA ~rid eve?y, payabl~ ro said MORTGAGEE as its intereu m~y ~ppe~r. and each ar~d ~very svch poticy shall be promptly au:y~icd u+d d~livered to # +hy Mld by taid MORTGAGEE as iunha~ iecurity to uid mo+ty~9e debt, and, not less thsn ten (10) dsys in advance of the expi~~tan of each policy. fo d? E tive~ to said MORiGAGEE a ~H+ewsi thereof, to~ether with a rece~pt fw tbs p.emium of such renewal; arn! there ~hall be ew f~re or wi~dstwm insurance E placed on •ny of said buildirgs, ~ny interest there~n or part tF,ereof, unlssa in the form and with the loss payable as aforesaid; s~d in the event any swn of money becwnes p,iy~ble undK such pelicy or pol;cies ssid MORTGAGEE shall havs the option to receive and apply the same o~ accwnt of the indebted~ neu seturtd hsreby w b permit said MpRTG~1GORS lo reteive and use if p any pa~t tfiereoi lor othcr purposes, without th:rcb/ waivi~~g o~ h~pai~• tnp any eq~ity, lien or right uode? or by virtve of this mortya~e; and in ths event w:d MORTGAGORS shall iw any ieason fail to keep the said premises w insured, o~ fail fo dtlivar promptly ~ny of said policie~ o! insuaarxe to said MORiGAGEE, a fail promptly to pay (vlty any premium tFx~efor p in any respact fail tp pe~form, discharge, execute, affed, comptete, canply wirh and ab7de by this cove~ant, or a~y pa~t hereof, iaid 111~QTGAGEE may place ~nd pay fa tuch im~rance or any part thereof without waivinp a affactirg any option, lieo, equity, or right under or by vi.tw of this MortQaps, ~nd tAs full amovnl oi tach and tvery such payment thall bs immrd;~tely d~re and payable and thall bea~ interes? from ths date thereof u~til paid at the ~at~ ot ~~~e per centum psr annvm and toge~her with iuch iroerest shali be secured by the lien of this mafgage. 4. To psrmit, commit or wffa no wasro, impairment w deteraration of wid prop~vty o~ any part thereof. S. To pay all snd singulu the cosb, charges ~nd expenses, inclvdir?g a reasonable attornty's fee and cos~~ of ab~f~acts of title, incuned w paid at any time by said MORTGAG:E, bewuse o~ in the event of the failwe on fhe part of the said MORTGAGOR to duly, promptly and fully parform, discharge, execute, ~ffed, tompkte, comply wi~h ar?d ab:de by each snd every the stipulat~ons, agreements, co~ditions, end covenants ot said promissory note and thq mortgsge any or eirher, and said coab, charge~ a~d expenses, each and every, shali be immediately due and payable; whether p not there be notice da mand. attempt to colktt or suit pendingj and the fvll amount of each and every such payment shall bear interest from the date thcreof until paid ~t the rate of nine per centum per annum; and all uid tosts, charges snd expe~ses incurred or paid, togethet w~th such inte~est, shall be secured by the lien of thif ~ mort9sge, b. Thsl (a) in the event of any breach of this Mortgsge or deFault on the part of the MORTGAGOR, or (b) in the event any of said t~ms of money herein r~ferred to be not promptly and fully paid within thirty (30) days neat after the same severatly become due and payable, without demaad p nptite, or (c) in the event each ~nd every the :tipulations, agreemerds, cond~tions and coven~nta of sa:d promissory note and th~s mort~ape any or eithe~ are nof ~uly. prompHy and fulty perfamed. discharged, executed. effected. completed. compl~ed with and abided by, then in eifher or a~y t~ch aveM ths said aQ~ gregate wm mentioned i~ said promiswry nore then remaining unpa~d, with imeresl accrued, and a11 moneys setured hereby, shall become due ~nd pay. ab!e fwthwith, a tFu~eafter, at the opr;on o( said MORTGAGEE, as fully and completely as if afl of the said :ums of mor?ey were aiginally stipulated to be pa~d on such day, a~ything in sa:d promiasory note or in this Mortgage fo the contrary notwithstanding; ard thereupon os thereaftea ar the option of sa;d MORTGAGEE, wirhout norice a demand, suit at law a in equity, there(we o? thereaffer begun, may be prosecuted as if all moneys secured hereby had mawred pnot ro ~ts institutioo. 7. That in tlx evcnt that at the beginning of or at any time peoding any suit upon this Mortgage, or to fweclose it, w to reform it, or to enfwce Fayment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisd~ction thereol for the appo~ntment of a Receiver, such Cou~t shall Forthwilh appoint a receiver of said mortgaged proQerty all and singular, i~clud~ng all and singular th~ intome, proiils, issues and revenues from whateve? source derived, each and every of wh~ch, it being expressly understood, is hereby mortgaged as i! speci(ically set iath and described in the 9~snting and habendum clauses hereof, and such Receiver shall h~ve all the broad and eifective funct:ons and powers in anywise entrusted by s Court to a Receiver, and s::ch appointme~v shall be made by auch Coun as an admitted equity and a matter of absolute ~ighl to said MORTGAGEE, and wirhout reference to the adequacy ot inadequacy of the value of the property rtqrtgaged pr ~a th~ sptvency or insolventy of said MORTGAGOR p the defendants, a~+~d that ~uch ~ renn, profifs, incane, issues and revenues shall be applied by such Receiver according to the lien w equity oi said MORTGAGEE snd the practice of wcl~ CouA. 8. To duly, psomptty and fvlly perform, d'ucharge, exen,te, effect, complete, comply with and abide by ~esch and every ths stipulations, agreements, ~ conditions and covenants in sa~d promiasory note and this mortgage set torth. i 9. That io the event the ownership of the morrgaged p?emises, w any part thereof, becomes vested in a perso~ other thsn the MORTGAGOR, the MORTGAGfE, its successors and asslgrts, may, w+thwrt rwtice to the MORIGAOR, dral w»h such sucsessw or succeuor in interest with refcrence to this mortgage and the debt hereby secwed in the same manner as with Nbrtgagw without in any way vitiating w discharging the AAwtgagors' liability here- j under w upon the debt heroby secu~ed. No sale of the Fremius hereby mortgaged and no iwbearance on the part of the MORIGAGEf or its successon w sssigns and no extension of the time for the payment of fhe debt hereby secured given by the MORT(',AGE' or its s~ccessors o? sssigns, shall operate ro release, discharge, modify change or affect the original liab~l~ty of the MORTGAGOR herein, eithtr in whole or in part. 10. It is specifKally agreed that time is of the esxnce of this contract and that no waiver of any obligation hereunder or of fhs obtiyation se- cured he~eby shall at any time thereafter be held to be a waiver of the terms hereof p of the instrumeM secwed herby. add~tion to the fwego:ng mo~thly payments of princ'pat and interest required by the promissory nore secvred hereby, mort a nsnlt ~ and agrees to pa rt agce with each monthly paymeM an addirional sum estimated by mortgagee to be eqval to 1 1 a cost of the fotlow- in9: A-A!1 rea! property taxes levied a assess ag . ve desaibed real . B-Prem~u~ns on fire and windstorm insurance as hcrein reqv:red the improveme~ts situate on the above described p?emises. C-Premiums on such mwtgage g~aranty insu tgagee shall from time to time on tF~e loan secured F~ereby. Mortgagee shati frpn time t ' ti y mortgagor ;n writing of the amount due and payabte hereunder and s+x the~evpon be due and Fayable on the due e next monthly payment and each successive month therealter urtil mwtgagee shall ~otify mortgagor o a n such amount sums shali ~ applied by mortgagee toward the payment of rea) property taxes, insurante prem;ums, and mortgage guaranfy insura wms. IN WI1NE55 WNEREOF, the said MORTGAGOR has hereunto set his hand and seal tF~e day and year ' t aforesaid. ned. Sealed deliv ~in the presence of: n - s~,~ ~--n STATE OF FLORIDA 1 $t• (.L1C1@ • ' i SS. COUN?Y OP 8efwe me personally appeared Leonard Berq Peaav W. $@!O his wlie, to me well known and krawn to me to bs rhe ~nd,vidwb described ie a~?d who ~xecuted the faegoinp instrvment, and adcrwM,ledged before me that they execured the same for the pvrposes r~•~~ e~w.~d. n,~d rne Pegoy W. Ber wife of ths ,,;d Leonard Berg ~pcn ~ sepa,~ts and priv~t~ examinaYan by me taken separate and apart from her said husband, acknowledged to and befwe me that she executed said instrumem fr~ely ~nd volvn. ranly and without any compufsion, conitraim, apprelxns~o~or fex of w from her said husba~d. WtTNESS my h~nd ~nd uffic~al u~l thi ~ d~y of J~~= A D. 19.~9 No~ary Pu in ~nd for 1he~Sfate of Florida ~t lup~ R~tu~n Ta MY ion ~xpiret: 6 ! 9 7 / Finf fldOf~l $avir?g! i Loan AstOCiation ` ~ ~ , ~ ::1 ~ ~ , ; , ' ~ Of Fort P~erce. ~ •vt2ty PY~IC. S~! 0~ H011~ i~ ~ fort Pierce. Flwida : ; - ' 6• ~n ~ ~ FllEt~4 i~- ' • _q ~ - ST. LUCI .~lA!r~.-, ~ RECORD VERIFIFD This Instrument Prepared By r-~ f U ~ First Federal Savings ~ loan Association - . ~ ~ ; . 1'742~8 of Fort Pierce Q ~ Q ••c,E '69 JAN 2 9!W 10 : 2 Checked By ~2~~ 1~ ~ris~ o/~ • . ~ ~ ~L~• ~ P.QG~~ ITR~S aQQ~~,~ CLERK CIRCUIT COUR1 ~ ~ - ~ _f~ t _ . ~ » k _ _ _ _ . - J.~ ? . _ . _ . ~n~ ~'~./.L4' 2+...~~u~-.n' ..i _ . , K ~ Ll ~ ~ _ ~..n