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HomeMy WebLinkAbout2209 3. To p~ace a~d connnuo~s~y ~eep on !1~e b•-~ d•• as or htreniter a:tuate en a~~d !a•~d a~d on a~~ eq.,~p•~~e~T a~d pe.~onaify covrrrd br th~s m~ e9s, w:+h alt prem;u~T» fharro~ pa d,n fc,;, 1.r~~ ~~~s,.~a .:r +nr ~+_~l sr~n~3rd po ~cy iorm. in a s.~-n dratJ+2GI b~ the MOR~..~=.G:E. a. .i vr~.~dsro ~nsvrance in the us.,al sta•~da.d po'•.cy fo•~n, in n s..~n a,:~•ro.ed Thr MJRTGAGEE, in svc~ compa~~y or co~*~pan.es as +he 1.',ORI;,aGEE m d~rnh and all fi~e and w:nJstcrm Ins~•a~cr ro.~c~es on any cf s~~d bu~,d.~gs, any interest tf,ere~n or part thereo+, in the egg~eg~Te sum atu~esj~d in excess therecf, shali :onrain ~he uwsi sra•d;rd n:o•~3~~~'e c,a~se cr s~:h o+her ~Ia~~se as the Mortgagee may requ.re, ma?~ng ~hr ~ess w~drr a~~d po r~?s, cacti aed r~e•y, pavab!~ ~o sa~d AlJRTG4GEE as ~~s ~n~rr~~s~ mar ac~uear, and eacA and e~ery such po~~iy shall be prompllY ass g~~r0 and de~~.r~..•d any held by sa;d /.tOR?~.4GEE as iurehe~ secur~cy to sa~d n orfg~~e d_ot, a~d, not 'ess than tan ~i0~ d3ys in ad.ar.ce of the exp~~e~~en of e~cn ~ot~cy, to d~ I:.-e~ to said A10RTGAGEE a reneaa~ thereof, togerher wi~h a rece , t fo~ the prrm~um oi such ren.:.~a:; and the~e sha;l be no i~re or .~,~~~isio•m i~~s~ranc pleced en any ol said bu~!d~~~gs, any ~nferest thr~e~n or pa~r thrr~•of, ~~,'~ss ~n chr for~n a~~d v~~~h tfir ~oss payab!e as afo~esa~d; and ~n ~he e.ero any sun of money becomes payable ~nder such policy or peLuea si.d'~'.O~~iv=.~:i sh;tl have the opT,on to rece~L~e and app:y the ae~ne on rcco~~t of ~he ~~~drot~•d ness secured hereby or to perm~i sa:d lAORTGAGJRS ~o recri~e ard use ~t o~ any +h-=-eo; ror o:~~•~ i:~~~s os<•s: ..:~^~~T ~7 ~ng any equ:ty, I~en w r:ght u~de~ or by viri::a of th~s mcrr~a9e; and ~n the event sa d A10RiGAvORS sha!I `.or any rrason iail to kaep ~he sa~d p~em~s:sVso ~nsu~ed, w fail to dr~iver promptly anY of sa~d po~.c.es of ~nw•mlie to sa d A10R1vAGEE, e~ f~~t pre~n~r,y to pay fu',ty any prt r.~,,•n theretor o~ ~n a~~y ~espect iail to perform, d~scharge, exec~te, efiect, :ompietr. co~~p~y h~fh and ab~de by th;s covenjnr, or any p.~rt hrreof, sa~d MGR7;,AGEE may p:ace a•o pay fw such insurance or any part the~e~f wnhout waiv;ng or affec~~ng any opr~on, I~en, equ~ty, or r.3ht ~nder o~ b~ virtue ol th;s A1erf~~ye and ~fie f;,N amount of each a~d e.ery such pa~mrm shatt be im:nediatety d~e a~~d payable a~~d shail bear ineerest from iha dare ~hereof unt~l pwd at ihe ra~e o! n~ne pr~ canwm per ann~m and ro3_~ner wrh such ~n~~~~~st Sh3~~ br sr:,,red 'by tha t~en of th~s mortgage. 1. To permit, commit w suffer no wastr, impairment or deter~orat~on of sa~d property or any part thereof. 5. To pay all and singular the costs, charges and experses, ~nci~dmg a reasonable a»orney's fee and cosrs of absr.acts of titte, inwr.ed o~ pa~d a~ any time by sa~d MORTGAG.E, beczuse or in the e~~e~t of the fa lure un the oart of ihe sa~d MORTGAGOR to duty, promptly and f~tly perform, d~scnarge. >,eec~te, effect, comptete, comply w~~h and ab.de by each and every tha si~p.,:a~~ons, ag~e~~~~ents, cond~tions, and covenants of sa~d Fromiasor~ note and ~h~s Torrgage any o~ e~thPr, and sa.d coses, charges and expenses, each a~d zvery, shail be immediat-rly dve and payab!e; whefher or not ihrre be nof~ce d~ mand. atrempt to co~lect or wit pend,ng; and rhe fut! xnou~:t ot each and eve.y svch parmem s?~all bear inf~re:t from the da~e thereaf untii pa~d at the ~.,re oi ~me per centun; Fer on„~~,; znd alt sa~d ceus, cna•ges a•~d ~xr~•,:ses ~:xurred or pa~d, ~ocrther w~th such interest, shall be secured by the iie~ of th~s mar~gage. 6. That (a) ~n the event of any breach of this Mo~tgage or defa~;t on iM part of the MORTGAGOR, or ;b) in the event any of sa:d sums of money h~.e~n referred to be not nromuflv ar.d fuilv oa~d v~itn~n ~h.rfv i3u~ dals nexi acrer the Sarn2 se,era'.:v becume d~e and payable, wi~hout de~~~a~~d or notlce, e- (c) i~ thr event each and every the u~pu.at~ons, agreemenrs, cend~~;o ~s and covenants of sn d promissory note and th~s mortgage a~y o~ e~ther are not ~ufy, promptly and fuNy perfo:med, dscharged. exec~~ed, effected, tompietzd, comp~:ed w~rh and ab~ded 5y, then in e~ther w any such evem the sa~d ag~ 3•egate sum men~wned in sa~d promnsory no~e then rema~n~ng urpa~d, wnh mTere;r acuued, a~1d at! moneys secured hereby, shall become due and pay ao,e forthwith, er ~he:eafrer, at fhe epr~on of sa~d MORiGAGEf, as fvi~y and co~plerety as if a:i of the sa~d sums of money were or~gma~ly st~pu;ated o be pa:d on such d~y, anyth~ng ~n sad pron~ssory note or ;n th~s l.tortgagr to thr contrary not,nithitand~ng; and ~hereupon or thereafter at fhe op~~on of s~.d MORTGAGEE, w:theut nonce or demand, su~t at ~aw or in eqvnv, therefo~e o~ thereatrer begun, may be prosecuted as if all moneys sewred hereby n,d matured pt~ot to ,n msut~non. 7. That in the evem rhat at the beginn~ng of or at any t:n+e pend~~.g any surt ~pen this Mo•t~age, or to foreclose it, or to refe~m it, or to enforce ;:ayment of any uaims he•e~nder, said t.tORTG~.G:E sha;l apN!y to the Ce~•i havir:y ~unSd.U:on thereof far ~he appo+mment of a Receiver, SUCF1 CGVf1 Snd1I icrfhwirh appo~nt a rece~ver of sa~d morigagrd proprrty aii and s~~gu~ar, in:~:,d ng a,i a~~d s.ng,,,ai ~he irtcome, proins, issves and revenues fro:r wF.atever s: ~.,+ce der.ved, each ard every of wh.ch, it be~ng express y une~c~s~ced n ie:eby mo.~gaged aa if spec.fically set fonh and descr~bed in the grannng and h.3~ndum ciauses hewof, ar.d.such Rece~~er shai~ have a~t the or„ad a~.d rlfecr,.e fur.c~.ons and powers in anyw~se entr~sted by a Co~rt to a Receiver, a:,d s_;h appointme~:~ shau be rcade by s~cfi Ceurt as an ad~~;t~ed rq~~~y and a rrat+er of a5sot~ie r~gM to sa~d MORTGAGEE, a~d wishc~t reference to the tCJi•aJ3CJ~ O~ inadeq~aty o~ tFz vai~e of the prope~ty mor~gag?d or to the so ven~y or ~nso~.vency of sa~d MORiGAGOR O~ the deie-:dan!s, and that Such ~e~!s, profits, inco.ne, dssues and revenuts sha~i be app.~ed oy s~ch Rec~~ver aaoro.ng fo fhe Iien or eqvity ot said MORTGAGEE and the pract~ce of wch Gourt. ~ 8. To du~y, p:ompt'y and fu:~y per•`orm, d~s:harge, execu*e, efEed. compiete, compfy with and abide by each and every the stipuiations, agreements, cendrt~ons and cove~aros m sa~d prom~ssory nese ar~d sh:s rnorrga~e sr~ forfh. i i 9. That in ihe event rhe owrersh~p of tne mortgaged ~re^~:ses. or a•iy part tnereof, Eecomes vested in a person other than the MORTGAGOR, the ~ AtORTGAGfE, its successo~s and ass~gns, may, w~:hour no~~ce ro iF~e A'.ORT^v~JR, deai .v~sh such successo+ o+ svccessor ~n mterest ~vnh reference to this i ~,o~igage and the deu~ hereby secured m the same manner as w~fh :'orgago+ w,:houf in any way vitlating or d~scharg~ng the Mortgagori liability her~ ~noer or upon the debr hereby secvred. No sa:e of fhe Fre^:ues hereb; ~r:c~tgaged and no forbearante on ~he part of the IJIOR7GAGEE or its successors er ass~gns and no ezrer.s~an of the tame for rhe payment of tr,e debs hs*ec~ secured given by the MOitTGAGEE or its successors or ass:gns, a.iaif operate ~ ro re~ease, d,scharge, mod~fy ~~,ange or affect the o~ig,nai Gau ::ty of +he PdCRiGAGOR here~n, either in whole w in part. ~ 10. h is specuf;ca~iy agreed that t~:ne is of the esze^ce ef rh[s cororacr and that no waiver of any obE~gat~on hereunder or of the obligation se- ~ cvred hereby sha'i at any time ~h~reafter be held to be a wa~rzr of the terms he~eof or of the instrument secured h¢rby. _ ~ 1T. In odd t:c~ to the forege mcnthfy payn,crss oT pr~~-c ;:a~ and ~~,*,res' req~~red by the prom sscry r.ore secured hrraby, mortga~or covenants ,~d agr_es to ,,ay to mo•rgagee Nrth each monrn y pa,~ ~ent an ;cia ~,or~al s..~n es~ • ated b~ morrgjgre to be equa~ to 1 12 of t4e ;n~~ua! cost of the follow- s '3- 4 ~ A-AIf real property taxes le<<ed o. assess_o ag3~~~s! tn~ abo:e desr~~ed real estate. ~ 6- Fr~rn•u~-~s o~ fire ano wmdsiorm ~r.su•a~ce as nere~n r.~G~.r~•d ro be car~:e-d en the ;m;.roveme~ts s~t~ate on the above d°sv~bed prem~ses. ; C-Prern~~r..s o~ wch mortg;ge guarznty ir.sura~.ce as moregayee sha'I 4rc~: t r,e to time deem fit to carry on the loan sec~red hereby. ; hlor.gagee sha'~ 'rom fl~-~e to t:^:e ncnf; mo:r~sgcr n:r~~t:rg of ~ne a^ o:;~t d~e and payabte hereundrr and such surn sha:l th~~reupon be due and :~rab!e on the d~r aa~e oi fna n_xt ~ronth r pay~,en~ a~id e~c~ s~ccess~ve *o^'h tnerea4tir ur.tii mortgagee sha!1 no'~fy moctgayor of a change in such o~nt. Such sums s~a.i be app:ied by mcrtgagae ro~a•d the pa~r^er•; ef reai prore~ty !axes, insurance prem.~ms, and mortgage guaranty insurance - ..•BmiVTS. IN ~'~tTNESS '::HEREOF, the said MORTGAvCR has hereunto set his h3rd and seal the day and ye irst aforesaid. ~ ~ Signed, Sealed ar.d deliv in the presence o: ~ ~ ~ ~ -f- 1 q a ~ ^ y nd Ber eron ~~si~ . - _ (Seaq _ _ A lina r ez ~~aq ~ ~ ;~ATE OF FLORIDA ~ SL . ~.L1Cle ~ ~our~rY oF ~ ' Before me personally aP~a~ed - Raymond Bergeron a~ ~ Angelina Bergeron his wife, to me well known and knovvn to me to be rhe irw~viduals descr~bed in and who executed the foregoing instrument, a~d acknowledged before me that they executed the sarne for the purposes - rhe.e~o exp.cssed. And the said Anaeliria BerqQron _ ;t r~~fe of the said Raymond Bergeron , vpon a separate and private eram~nat:on by me taRen sepa~ate and apart from her sa~d husband, acknowfedged to and before me that she executed said instrument freely and votun- tanly a~d w~the~t any compu;s~on, constra:nt, apprehens:on,~?q fear of er from her said husband. ~ WITNESS my hand and offiual seal this_ day cf ~C ~Z A. D. 19 71 _a ?~V _ Notary P ic in and for the tate of Florida at large My Co ~ssion expires: lr l.~ = Returrt To: ~ ~ Fi~st Federal Savings 8 Loan Asscuat:on ~..^,TE "'Y f~_ ;r STi• i"::F Fs nR1~1^ ~T ~ 4(~((~ Of Ecrt P e•ce tAY CCid'.!:SSIO~t FXPlRES All;~. 6, 1g7,~ - For~ P~er~e, F~cr~da G~NERAL INSURANCE UNDERWRITERS~ IIIiC~ ` FILEQ AN4 RECOROEO ' ~ S7. LUC?E i.0UNT1 flA. R6CfR P011RAs s:~ This Instrument Prepared By John W. CoI1 ins - ~ ~ ~~ERK CtRCU1T COURT ~ ' Fi r s t F e d e r a t S a v i n g s 8 L o a n A s s oci at i on R E C O R 4 VER3F~E0 - of Fort Pierce , Flozidd ` '+c~' ~~q~ ~ ~ OEC ~ ~1M r~~ - Chzcked BY " , , ~rt s~JVIG.1 ° ao~x19`7 ~A~E2207 -