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Home My WebLink About2164 e ~ ~ ~1! 3. To placy ~nd contirw?o~sly ka~p on the buildirps ~ow or h~+~aher ~itwte on said i~nd and on ~II equipmeet and perwnally covered by this matp~ ~ge, wirh ail premiwns thereon pa~d in fuil, fire insuranu in the usual standrrd po~~ty Iwm. in s sum approved by the MORTGAGEE, and windslorm Inswanc~ in the usual ~?andard pol~cy iwm, in a wm approv~d by the MORTGA6EE, i~ s~?ch comp~ny a companies +s tM MORTGAGEE may diract; ~+~d sU ~ firs ~nd windstwm insura~c~ policisi on any of ssid buitdu+ys, any inlsrtil tFa~ein w pan thsreof, in tl+~ +~gre9+~e iwn af«esaid w in excess Ihereof, iMll contain the uswl st~ndad mor~ga~ clsuse or such other ciauss u the Matyayee may requ'u~. maAinp tha foss ~nder s+~d Po1F cie~, each ~nd every. paYable ro said MORTGAGEE as iti interesf may ~ppea~. +nd each and eve~y i~ch policy sha11 be promptly u~:9ncd and da~ivered ro any heW by aid MORiGAGEE ~s (urtha security to seid morty~ge debt, snd. ~wt leu tMn ten (10) days in advance of the expi~ation of e~ch policy, to d~- livaa to wid MORTGAGEE a ranewal thereof, toqetha wi?h a recsipt fw the premium of s~ch renewal; and there shsll bs ra 1ke o? w~nds~o~m iosu~ancs pl~c~d on ~ny of said b~ildingi. ~ny inlerest the?t~n w p+rt thereof, unless in the farm ~nd with the loss payabte as afweuidj a~d in the evenl +ny sum of money becomes payaWe under auch poUcy w policies said MORiGAGEE shall Aave tMe option to receive and apply the same on account of the indebted~ neu secured hereby w to permil said MORTGAGORS to rKave ~nd us~ it a any part thereof fw othe~ purposes, witho.~t th9.eb~ waiving w impair- inp any equity, lie~ w right under or by vutve of this mortpage; u+d in the event sa~d MORTCsAGORS sMll fw any reason fail to keep the said Wemises so iruured, o~ fail ro daliver promptly sny of said policies of inivrante to said MORTGAGEE, w fail promptly to pay fuliy any premium therefw a in any respett fail 1o perfam, dixharge, exetvte, effett, complete, tomply with aod abide by this mvenant, w+ny part hareof, said MORTGAGEE may place and pay tor suth insurante or a~y part thereof without waiv'ug w affecling any optiort, lien, eqvity, o~ right under w by virtw of this Mortga9e, and t!?e full amouot of esch and svay such payment shall be immediately dw and payable and ~ball bear interest from ths date thcreof vntil paid at tM rat~ of nine per ce~tum per ~nnum and ta~ether with such inte~est shall be sttured by the lien of this mwtgage. 4. To ptrmit, commit w suffer ~o waste, imp+irment a detaaratia? of wid p?operty w any part thereof. 5. To pay all and siogular the coats, char~es ~nd expenses, including a reasonable attaney i fee a~d costs of abstrstts of title, incwred o~ paid +t any time by said MORTGAGfE, becavse w in tF+e tvem of the failure on the part of the ~id MORTGAGOR to duly, promptly and fully pe~fwm, disch~rye, execute, effecf, complete, comply w~th and abide by each ar?d every the stipulations, sg~eements, conditions, and covenan~s of said promissory note and ~his mortgage any or ei~he~, and sa~d costs, cMrges snd ~xpenses, each and eve+y, ihall be immediately due and payable: whe~her or not there be not~ce dr mand, attempt to cotkct or suit pendin9t and the fvll amount of each and every sucl~ payment shall bear i~terest from the date thereof until p~id at th~ rate of nine per centum pet annum; and all said costs, charges and expenses inw~red or paid, together with such iMerest, shall be setured by the lien of this monysge. 6. That (a) in the event of any breach of this Matgage w dcfault on the part of the MORTGAGOR, or (b) i~ the eve++t any of said wms of moner lurein refeared to be not promptly and fully paid within thirty (30) days next aftcr the ~ame severally become dve and payable, wi~hout d~mand a notice. or in the evem each ~nd every tF+e stipulations, agreements, conditions and covena~ts of sa~d promissory no~e and th~s mortgage any a eithe~ are no1 ~uly, prompdy ard fully performed, d~xharged, executed, effected, completed, compfied with and abided by, tfien in eilber w any such eve~t the said a¢ gregate wm mentaned in said p?om~ssory oote the.: remaininy vnpa~d, with ioteresl atuued, and all moneys setured hereby, shall betome due and pay- able fwthwith, w thereafter, at the optio~ of said MORTGAGEE, as fully ~nd completely as if all of ~he said sums of money were d"ginally uipu~ated to be paid on s~ch day, anything in said ptomissory nole or in this Mortgage to tl+e contrary notwithstanding; and therevpo~ or ihereaNer at the option of sa~d MORTGAGEE, without ~otKe w demand, suit at Isw or in equity, therefwe w thereafier begun, may be prosecuted u if aIl ma~eys secured hereby had maWred prwr to its instiwtion. 7. That in the event that at the beginning of a~t any time pending ~ny s~it upon this Morfgage, o~ to foreclostr if, o? to reform iL o? to enfotp payment of any claims hereu~der, said MORTGAGEE shall apply to the Court havi~g jurisd~ction ~hereof iw the appointma+t af a Receiver, sud+ Court shsll Forthwith sppoint a rece~ver ei said mortgaged prof~e?tY all and singular, in Jud~ng all and singular the income, proiits, issues and reven~es from whatever wurce derived, each and every of whKh, it being expressly ~nderstood, is h~veby mw?gaged as if specifically xt futh.and described in the g?anting and habendvm cla~ses hereof, and such Receiver shali have all the broad and effective funct~ons and powers ir+ anywise entrusted by s Cou?t to a Receiva, and such appointment shall be made by such Cowt as an admifted eq~ity and a mstter of absolute r~ght to said MORTGAGEE, and without referente ro tF+e adequacy or inadequacy of the value of the property mortgaged w to the ~oivency w insoiver.cy ot sa~d MORTGAGOR d the defendants, and that such rents, profin, intane, iuues and revenues shall be applied by suth Receiver accordfng to the lien ot equity of said MORTGAGEE and the practice of suth Court. ~ 8. To duly, prompNy and fulfy peaform, dixharge, execute, effect, complete, camply with and abide by each and every ihe stipulaYans, agreements, conditions and cov~nants in sa~d promiuory note and this mortgage set fwth. 9. That in the event the ownership of the mortgaged premises, or sny part thereof, becomes vested in s penon other thsn fhe lNORTGAGOR, fhs MORTGAGEE, its successors and assigns, may, without notice to the MORiGAOR, deal with such successw w successor in interest with reference to this mortgage and the deb~ hereby secured in the same manner as with Mortgago~ without in any way vitiating or dischargiry the Mortgagors' liabilify here- under w upo~ the debt hereby secu~ed. No ssle of she premises hereby mortgaged and no forbearance on Ihe pert of the MORIGAGEE o~ its successors or suigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEf or its successws or augns, slull operate to release, dixharge, modify change or affect the orginal liability of the MORTGAGOR Fxrein, either in whoie or in part. 10. It is spec~fically agreed that time is of the essence of this contract and that no waiver of any obligation hereunder or of the obligaYan se- cured hereby shall at a~y time thereafter be held to be a waiver of tl~e terms hereof w of the instrumem setured herby. In add~teon to the fwego'ng monthly payments of princ"pal and interest required by tlx promissory note secured hereby, nanfs and agrees to rt agee with eath monthly payment an addirional sum e:timated by mortgagee to be equal to 1 nnual cost of the follow- in9: - A-All real property taxes Ievied w assessed aga~n ~eal estate. B-Premiums on fire and windstorm insuranc ~n requ~red to be ta e improveme~ts situate on the above desuibed ptemisa. C-Premiums on such mort anty insurar.ce as mortgagee shall from t~me to time on the loan set~red hereby. ' Mortgagee st~aif ~me to time notify mortgagw in writirg of the amovm due and payable he?eunder and su 11 tF~ereupon lx due snd i payable on t date of the next monthly payment and each successive momh thereafter ur,til mwtgagee shall notify mortgagor oFac nge i~ such ~ amou h sums shall be appiied by mwtgagee toward the payment of real property taxes, ins~rante prem:ums, and mortgage guaranty ~ e ~ miums. ~ IN WITNESS WHERfOF, the said MORTGAGOR has hereunto set his hand and seal the day ear fint aforesaid. Sigrxd, Sealed and delivered in the presence of: ~ n ~ n n ~ STATE OF FLORIDA ~ ST. LUCIE counmroF Befwe me penonally appea?ed Raymond Bergeron Angelina Bergeron his wife, to me well known and known to me to be the individvals dew~bed in a~d who exetuted the fweyoinp trument, and acknowledged before me that they executed the same for the purposes ~ ex~.~a. a,a rn~ ' An9el~nn Bergezon w;+e of ~~d Raymond Bergeron a,~,,,te and privaN examinaYwn by me taken separate ~nd apart from ha said husband, sckrawledged to and before me that she execvted said instrument freely and volvn- rariiy and without any compulsion, constraint, ~ppreheni~pn or feu of w from her w' sband. ~ WITNESS my hand and official seal this ' day of ru~`ry A. D. 19 69 ~ ~ . Notary ic in and for the ate of florids ~t Lsrpe My mission eapirq: /~c'- f J/ _ ~ Return To: Fint F~dera) S+vioy~ 3 Loan Asaoc;atan ; u:+• i i~~; NOliry Pu~I. St~t! 0~ F{O~Idi ~t Vtqt Of Fort P:erce. : ~~L`~ 1~ ~ ~ ~n f10~ ~ ^~l1• 6• ~n , fort Pierce. Ftorida J~ ' : ~ ~ -'i~ ~•~e~~~~~~ • • ~..~J ~ ' = ~ c~ ~ ; ; FILEO AND RECOROED g•'/ ST. WCIE COUNTY. FL~. ~ : kr ~f• - . • R VERIFIEO This Instrument Preparpd By - = p ; ~'J : ; = ~F~C~' ~ ~ ~ " 1'74665 First Fede~al Savings d~ Loan Association v ~ : c of Fort Pierce . O~•. ~ ' ~ " ~ ' I . Z6 • ' - '69 fE8 • John W. Call ins ' ~a.~~ ~ Checked By '~K,:~.~;.t~•••'~ . 4 R iiOGER OITRAS ~ BOOK PACE2161 LERK CIRCIlIT COUR7: . . . ~ ~ ~ , ~ ~ ! - _ ~_._.x = ~,s_. ~ ~