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Home My WebLink About2170 ~ ~ . . ~ 3. To plau a~d conti~uously ke~p on tM buildinq~ now w Mr~aftw ~itu+t~ on isid I~nd ~nd on all equipm~m ~nd perwn+lly cov~nd by tAis mat¢ ~g~, with al) premiurrw ~iureon pa7d in iuU, fir~ ii+suranc~ in tM uival stardud policy fwm, in ~ i~m app~ov~d by tM MORiGAGEE, and wind~torm insuranc~ In tM uswl i~anda.d pol~cy fo~m, in ~ sum appoved by the MORTCsAGEE, i~ wch comp~ny or compa~ies as tM MORTGAGEE m+y directt ~nd all fira and windsrorm imuranos policies on any of said buildinps. ~ny interpl therein o~ p+rt lhereof, in the sgqre9att wm afa~said w In ~xcesl thereof, shall c.~tain ths uswl ilandard matgagee clause or svch o1he~ clauis as tM Mort~agee may requiro. makin~ ~hs loss ur~de~ said poli~ ciss. aach and evNy. paYable to sa7d MOR7GAGEE as its intere~t may appear, ~~d each and ~ve?y such policy shall be pramptly au:~ned and deliverod ro a~y held by said MORTGAGEE ~s further seturity to uid mwlgage debt, and, no~ leu thsn ten (10) days in advanc~ of the expi~atwn of each policy, M d~- live~ to taid MORTGAGEE a renewal thereof, toyetha with a receipt fa the pramium oi iuch renewal; and ~here shall be no fire o~ windstam inturanc~ plsced on any of said build7ngs, sny interest therein or p+rt thcreof, unleu 7n the iorm and wi~h ths loss p~Yable as afwesaid; e~d in the event ~ny wm of money becomes payabte under such poliq w policies wid MORTGAGEE ~hall have the option to receive and apply the same on accouM oi the indebted- neu setured he~eby w ro permit said MORTGAGORS to receive u?d uss it a any part thereof for othc~ purposes, wi~houl Ih:reb/ wa~vi~~g or ~mpair- ;~y any eq~;ty, lien w right unde~ or by virtue of this morsyaye; and i~ the event w~d AAORTGAGORS shall fa any reason fail to keep the said premiies w ini~red, w 1ai1 to deliver prompily sny of said policiea of insurance to uid MORTGAGEE, or fail promptly to pay fully any premium therafo? w in any respett i~il ro perfam, d~scharge, exec~te, effad, complete, comply with snd sbide by this cove~ant, or any psrt hereof, said MORTGAGEE nuy p~sce a~A pay fq such insurance ~r ~ny paA theteof w:thout waivirg o+ affecting any option, lien, tqu+ty, or rigM uRde~ or by virtue of this Mor~ga~e, and the full smount of each and every sucA payment sFwl~ be immediately dve and payable and shall bear interest from the dats thcreof until paid at the rate of nirte per centum per annum and together with suth interest shall 6e secured by tF?e lien of this matgage. 4. To permit, commit or su(fer no waste, impairment or deterioration of ssid property w any part theroof. S. To pay all end singular the cost:, charges and expenses, includi~g ~ reasa+able attaney's fee and costs of abstracts of title, incurred or paid at any time by said MORTGAGEE, beca~se a in the event of the failure on the part of ~he said MORTGAGOR to duly, promptiy snd fuly pertorm, d~scharye; execute, etfect, complete, comply with and ab:de by each and every the supulst~ons. +green,enn, co~ditions, and covenants of said promissory note ~nd this mortgage any or ei~he:, and said costs, charges and ~xpe:?ses, each ai+d every. shall ba immediately due and payable: whether w not there be notice de~ mand, attempt to coUect or suit pe~d~rg; and the full amou~t of each snd every s~ch payment ihall lxar interest from the date ihereof u~til p~id N the raee of nine pe~ centum per am~um; and all said costs, charges and expenses incvrred a paid, together with s~th interest, shall be sKUred by the lia? of thii ~ mort9+9e• ~ , b. That (a) in the event of any breach of this AAortgage or deiault on the part of the MOQTGAGOR, or (b) in the event any of sa7d sums of money herein refer~ed to be not promptly and ~ully paid within thirty (30) days next after Ihe same severally becorr~e dve and payable, wilhout demand w ewtice, or in the event each and svery the stipulatiw~s, agreements, condifions and covcnants of sa~d promiswry note and th~s mo~tgage any w either are ~of ~uly, promptly and fully perfwmed, d~xharged, executed, effected, completed, complied with and abided by, 1he~ in either a any such eveM tF?e said ag- gregate sum menYwned in said promisswy note then remaining unpaid, with interest aarued, and all moneys secured hereby, sFwll becane due a~d pay- j able fcrthwith, or thereafter, at the option of said MORiGAGEE, as fully and comple~ely as if all of the said sums of money were aiginal~y stipulated to be paid on such day, anything in said promiuory note or in th~s Mortgage to the contrary notwi~hstanding; and thereupon w thereafte~ at the op~ion of said MORTGAGEE, without r.~~ite ot demand, suit at law or in equity, thereiwe or thereafter begun, may be prosecuted as if all moneys secured hereby had maWred pnu lo its enstitutior?. 7. That in tha event that at the beginning of w af any time pending sny wit upon this Mo~tgage, or to fweclose it, w ro refwm if, or fo e~fwa payment of any claims hereunder, said MORTGAGEE shall apply to tfie Court having jurisd~ction thereo( fw ~he appantment of a Receiver, wch Covrt sAall forthwith appoint a receiver of said mortgaged property all and sing~la~, includmg all and singular the income, p~o(its, iuxs and revenues from whatever source de+ived, each and every of whicF~, it being expressly understood, is hereby mor~gaged as if spec~fically set fwth and described in the granting and habendum clauses hereof, and 3UCA RKtiVN shall hsve all the broad and ei(ective tunct~a~s and powers in anywise entrusted by a Courf to a Receivtr, and •uch appointme~t shall be made by such Court as an admitted equity and'a matte? of absolute right to said NARTGAGEE, anz! without reference to ihe adeq~aq o? insdeqvacy of the value of Ihe p~operty mortgaged or to the so:vency o? insoivency oi said MORTGAGOR w the defendants, u?d lhat such rents, protits, intome, iuues and revenues shall be applied by suth Receiver accwdi~ig~'`t4~ the lien or equiry of said N10RiGAGEE and the practite of such CouA. _ S. To duly, promptly and fully perform, discharge, execute, e((ed, complete, comply with and abide by each and every the stipulatiau, agree~r~ents, conditions and wvenants in said promissory rate and this mwtgage set forth. 9. That in tAe event the owr~ership of the mortgsged premius, a any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its succeuors and sulgns, maY, without ratice to the MORTGAOR, deal with such successor or successor in interest wlth reference to this mortgage and the debt hereby secured in the same manne? as with Mortgagor without in any way vitiating p diuhargirg the Mortgsgors' liability hera unde? or upon the debt hereby secured. No sale oi the premises hereby mortgaged and no torbearance w+ the part of the MORTGAGEE w its successors ~ or aui9rn and no eatens~on of the time for the payment of the debt hereby secured given by the MORTGAGE~ w its successors or auigns, shall operate to release, discharge, modify change or affecf the original IiabiGty of the MORTGAGOR here'u~, either in whok or i~ parf. ~ 10. h is spedfically agreed that time is of the essence of this contrad and that no waiver of any obl7gation hereun~kr or of the obligation sr tured hereby ahall at any time thereaFter be held fo be a waiver of the terms hereof or of the instrument secured herby. add~tio~ to the forego:nry mw~thly payments of princ'pal and interest required by the promisw ure hereby, morfgagor covenants and agrees to pay rk} with each monthly payment a~ add~~ional sum estimated by equai to 1/ 12 of the annual cost of the follow- ing: • A-All real property taxes levied or assessed aga~~ e escribed real estate. B-P~emiums on fire and windsto+m insur ere~n requ~red to on the improveme~ts situate on the above described premius. ' C-Premiums on such mortg ranty insv~ar~ce as mortgagee shall f~om t~me to ~ it to carry on fhe loan secured hereby. i Mo?tgagee sha?I fr me to time notify mo~gagor in writi~g of the amount due and payable hereu r sum shall thereupon be due and f payable on the ate of the next monthly payfi?ent and each suctessive month thereafter ur.til mortgagee shall notify mor g change in svth E a~nount sums shaii be applied by mwtgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaran e ~ ~ wms. ' E IN WITNES~ WHER"cOF, thb said MORTGAGOR has hereunto set his Fwnd and seal the day and year fint aforesaid. ~ ~ ' ned. Seal and deli in the presence of: ~ ~ t ~ n { (Sea4 ; ~ n ( ' n ~ _ : STATE OF FLORIDA 1 ~ couNn oF St. Lucie i~ ; ~ eefore me personslly appeared Ravmond Herap+-on ~nd Angelina Bergeron 9 his wiie, to me well known and kcwwn to me to be ~ the individuab described in and who executed the foregoing instrument, and acknowledged befwe me that they executed the same for the purposes rherein ~:a~d. A~a t~ ~9elina Ber4eron w~fe of tF+e said Raymond Bergeron _ a separate snd priv~t~ exam~natan by me taken separate and apa~t from her said husband, ackrawledged to and befwe me that she executed said i~strument freely snd voluo- tarily ~nd without •ny compufsion, constreint, apprehension or fea? of or from her said husband. ~ WITNE55 my Mnd and official seal thi. 2'~ day of ~~ar a p. 19 69 ~ , Notary Publ' n and for the State of Florida ~t larye ~ My Commi expires: ~ d / y?~ . Retum To: ~ ~ First Fedenl Se~ings 3 loan /?s~ociation . ~ . , ~ ~t: ~ , . . ' ~ Of Fort P~erce. - . ` ~K. SV~! O~ ~Of1~i it ~f~! S Fort Pierce, Flwids ~ ' ~ ~BIIHSSWII ~~IlflS AIIQ. 6, ~n . ~ ~ ! • ~ • . w.s.a h E~s a c«.149b . - - - F~LED AND RECORDEDt s - - ~ ~ 3T. LUCIE COUNTY. FLd. ~ This Instrument Prepared By ~ j , 7,~ R~-~~~'~ VERIFtEO First Federal Savings 8 loan Association J'~,`• ry ~ - of Fort Pierce . ~ `2 . ;~t`; ' 1 14~~ Jon~ w o - '69 FEB I I AM I I: 26 Checked By • ~ dOGK 175 ~E~~~~ Cl.ERK CtRCU1T COUAT~ ~ - ~ `1~: ~ - - _ ~ s.~~~ `.~~;2~~ ___a~_~.. . . _.K _ - ~ ~~~,T~_~_~