HomeMy WebLinkAbout1812 3. To p!ace a~~d cont~n„o_,;li l~ep on t!~e 6u~ ~:+~~s now o~ heresfter s~t~a~e on sa~d land and on a~i ~~q•,~pmen~ and pe~se~~alty co:er,:d by rt,fs rnor
egr, w,th all pren:iu~~:s thereon Had .n I~if, f~e irwrance ~n rhe ~sual stond~~d po'~ty form, in a a.,:n eHp~o+rd by tha 1l,UK~.,:.vt~, o~.d ~~~Jstu
nwra~ce in tha ~suat sf~ndard pa.cy lonn, in a s~m approved by ~ha MORTGAGEE, in wch cu,npany or tompan~es as the ti'.J2TvAGEE m
d~rect; and all tire and v~~nJs~urm insurance poiic~~~s on any of sa~d bu~td,ngs, any inter~st ~herzin or pa+? thr~eol, in the .+gg«~g~Ta swn aforesa~d
~n excess thereoi, sha11 :onrain ihe ~s~~.:l s~a•~J,rJ mortgegee clause or such o~her ~lause as the Mo~~gagee may ~ryu.re, mat.~~~g ti~r ~cas ~nJar sa~d po
c~es, each and every, pa~,bia eo sa~d h~uR;GAGEE as ~ts imer~st may appear, a~xl each and e~ery such pc:~c; sf~afl be pro:.:pry assg~~~d e~~d det~v.:rrd +
eny he(d by sa~d N,ORtGAGEE as f~nher s_cui~ty ro aa~d n:orrgaqe denf, and, not less than trn (SOl days ~n ad.ance of ~h~ e•p~r,t,on oi each pot,cy, to d~
I~~er to sa~d h1pRTGAGEE J fC~tG~•:al ther~~of, toge~har w~th a rece:pl lo~ the prrmi~m ol suth rtnewa!; a~~d tt~ere sha!I be no fue o~ v~~~:,fs~o•m inwranc
p!aced on any of sj~d bui•.d~nys, any interest tn~re:n or par~ thereol, un!ess in the fo~m a+~d with the Ioss ~ayab!e as ;,lareiaid; ond in the e~eM any s~n
~t n,onry beco~nes p.~yabte under such policy or poLc~~s sa+d MORiGAGEE a'~~II have ihe opt.on to rea_~~e ~nd apN'y the sa+ne on ac:ount o( thr indrotcd
n~~ss secured her,:by or ro pe.n,~t sa~d MORTGAGORS to rrcaive and use it w any part th~r:eof tor o:~~•.r F:~,; c;~s, :.~u:;,,t ~hr~u; ,ti_~..:~ ~:a..~~
~r.g any equ~ty, Iien o~ nyht undcr or by vi~tue oi ~his mc~'gage; and in the even~ aa:d A10RiGAGORS sha!t `or any rcason iai) to k~ep the sa~d premitas so
nsurcd, or fail lo dal;ver prom~~tly any of said poLtics o1 inwran~e 10 said MORTGAGEE, o~ taii p:omptiy ~o pay fu~ly any prE~n;~m Iherefor or in a~y
respect fail to perfo~m, d~schorge, exewte, effea, con,plete, cornply wirA and ab~de by eh;~ covena:~t, or any +~.~r~ har~of, s+:d M,'vR1v~1GEE may piace a~o
c~er fo~ such insur.,nce or any part therCOf without waiv~ng or afietting any Option, lien, equ:ty, or ri}ht ~nder or by virtue of th~s Mortgage, and the
f~~l aniount ot each and e.e~y wch paymeM shall bz immediately due and payable and shafl brar interest from tha dare t?~errof unti! paid at the rate of
n~r,e per c~nrurn per a~~n~:r~ ~~~d tu~_ahc-r »ith s~ch i~itrresr sha~i be secured by the lien of thia mwtgage.
4. To permit, commit or suffer no waste, impairmeM or drteriorat~on of said property or any part thereof.
5. To pay all and s~~gular the costs, charges and expenses, including a reasonab!e alrorney's fee and cos~s of abstracts of t~~le, incurred or pa~d at ~
~~y tin:e by said MORiGAG~E, because o~ in the event of the failure on the part of ~he said MORTGAGOR ro duly, pro:r~prly and fu:ly peifonn, d~scharge.
_=~~c~ta, effec?, complete, canply w~rh and ab.da by ea:h and every the stipu~at~ons, agree~~~~nts, cond~hons, and covenanrs o~ sa~d piomi>sory note and iF~~s f
,~or~gage any or e~~her, and s_~.d cos~s, charges and expenses, each and every, shall be immed~a~ely due and pavabie; whe~her w noi rhere be nonce da
~-,~nd, attempt to cotiiect or s~it pend»g; and the ful: arrTOUr.t ol each and every such paymem shall bea~ iMCrest kom the c~:e thereo+ until paid al the
oi n~ne per crntum µer an~w n; ,:nc: a1~ said costs, char9es and expanses irxurred w paid, togrther ~wth svch interas?, shatl be secured by the 6tn of this
~nortgage.
6. That (a) in the event of any breach oi this Mortgage or default on the par! of the h10FTGAGOR, or (b) in the eve~t any of sa:d sums of money
1•cre~n referrrd to be not promptiy ar.d fu~~y paid with~n th~rty (30l days oext air•_r the s~+ne severa'ty beco~»e due artd payable, wiihout demand or norice,
or tc) in the event each and every the snpulat~ons, agreements, condn~ons end covenants of sa.d pronusw~y note and th~a mortgage any w e;ther aie not
i~!y, p.omprly and tully performed, d.scharged, execured, effeued, complered, compGed wiih and ab~ded tiy, then in enhe~ w any such event the sa~d ag-
~regate sum ment~oned in said promisscry note then ren:uining unpaid, with interest actrued, and ati moneys secured hereby, st~alt btcume due and pay-
a~'r fo~~h.virh, or tf~ereaher, at the op~~on af s~~d M02iGAGEE, as fully and comp:e~ely as ii all of the s.,~d sums oi money were or~ginatly s~~p~lated
to be pa:d o~ wch dcy, anything in sa.d pro:mssory note or i~ this Mortgage to the contra~y notwithstand,ng; a~~d therevpon or /hereahe~ al the opnon of
s:;:d MORTGAGEE, w~thout nof~ce o~ de:n:and, suit at law or in equ~ty, therefore or thereafter beyun, may be prosec~ted as if all moneys secwed hereby
n~d marured pi.w to rts institut~on.
7. ihat in the event that at the bey~nn~nq of or at a~y time pending eny suit upon this 1'1~ortgage, w to fweclose it, or lo reform if, or to enforce ~
F aymem of any cla~ms hereunder, said f~IURTGAGEE sha:l apply to the CourY having ~unsd~ttion thereof for the appo~ntmenf of a Receiver, such Court shail
f;>thwirh appofnt a rece~ver of said morlgaged proparty aIl and s~ngular, inci~d,ng ait and s,ng~~ar the income, prot~ts, issues and revenues irom whatever
s. ,~ce darived, each and every of wh:ch, ~t beiag expressly understood, is hereby mongaged as if spec~ficafly set forth and destnbed in the granii~x,~ and
h~:,endum ~lavses hereof, and such Receiver shaii have aU the b~oad and effective funa~ons and po;tie~s in anyw~se entrusted by a Court to a Recewer, and
s_ ;h appointment shaii be made by such Court as an admittrd equi~y and a matter of absolute nght ro sa~d h50RTGAGEE, and withcut reference ~o the
a~~rq~aty or inadeqvaty of tl:e value of the property mongaged or to the so~vency or m;o:venty of sa~d MORiGAGOR w the defendants, and rhat suth
~rs, protns, inco~ne, issues and revenues shail be appiied by such Receiver accord~ng to the lien or equity of sa~d htORiGAGEE and the practice of such
Court.
B. To du:y, prompt;y and fulty pe~form, d~scharge, execute, etfect, compiete, comply with and abide by each and every the stiputatians, agreements,
co-iditions and cover.3nts ~n sa~d prorrzissory note and th:s mortgage set forth.
9. That in the event the ownersh~p of the mortgaged prem~ses. or any part tnereof, becomes ve:ted in a person other than the MORTGAGOR, the
: ORTGAGEE, irs successors and ass~gns, may, wishout no~ice to the h10RTGAOR, deal with such successor or succeuor in interest wifA reference to this
r'o•tgage ard the d•_bt hereby secured in rhe same manner as wirh Mortgagor rirthout in any way vit:ating or d~scharging the f.lortgagori liability here-
..ier or upon rhe dett hcreby secured. No safe of the prem~ses hereby mo~tgaged ar.d no forbearan~e on the pan of the ?AORTGAGEE or its succcssors
ass~gns and no exrens~on of fhe s~rz:z- fe~ the payment of the deb~ h~reby setured given by the f~SORTGAGEE or its suaesso~s o? ass[gns, ahall operate
!o re~eese, dscharge, mud~fy change er affect the orig~~al I~au:lity of the MORTGAGOR here~~, either in whole or in part.
10. It is spec:f~caliy agreed thjf time is of the esserce of this contract and that no waive~ of any obligat~on hereunder or of the obligatwn sr
cured hereby shal~ at any time th~rratter be held'to be a wa~ver of the terms hereof or of the instr~ment setured herby.
11. In „ud r:c ~ to t!:e fo«gc ,3 ~nonth!y p~yments of princ pal and interest req;,~red by the prorr. ~;cry nc'e secur2d herrb~, mortga~o~ eovenants
d agr~~es to pay to r.~ortg~yee v.~th each month~y pay:,~ent an add~:~onal sum est mated by mortgagee to tk equak to 1 12 oi the amwa! cost of the follow-
,
A-Alt reat properfy taa~s le~~=~ or assessed agai•~st th~ a6ove described real estatee
6- Pr~~rr.~u~ns on f~re and :.~~~dstorm ;nturacce az nere~» requ;red to be carned en the ;mproveme~ts s~tuate ort th= above d_sc.ibed premises.
C-Przrnivm5 o~i Suih mort~ ~qe gvaranty insurar.ce as mortgagee shall troT Y•me to t6r,r deem fit to carry on the loan secuced hereby.
Morrgagee sti~!! 'rcm n~*,-~ to t~.Te nOTif~ monyagcr in writing of the a~rou~t d~e and payable hereundrr and such surn shalt thereupon be due and
.~,ab~e on th~ due da!e ci th= ~iext month:~ payment and each successive month thereafter ur.tii mortgagee shal! not;fy mortgagor of a change in suth
o~nt. Such s~ms sF~;: be a;,F•.i~•d by mortgagce towa*d the payment of rea! property taxes, insurance prem.ums, and mortgage g~aranty insurance
enuums.
(N l`JITFJESS :':HERcOF, the sa~d f.tORTGAGOR has hereunto set h+s hand and sea: the day and first aforesa~d.
Signed, Sealed and delivered in the presence of:
- ~ (Seal)
. (Seaq
(Seal)
(Sea?}
STATE OF FCORIDA ~
~ 'UMTY OF St.. L12C1B ~
- j
8efore me perwnaliy aP~a.ed _ R~ymond Ber~eron
, ~ A?1~P.Z~Tla Ber~eron his wite, to me well known and known to rr~e toabe
rh~ ind~viduats described in and who executed the foregoirx) in<~~ument, and acknowledged before me that they exec~ted the same for the purposes
rh_•rein expressed. And the sa~d_ _ ~~eZZYlc~ ~E2"~~I'Cn
s. ~fe of the said _ ~ ~ -
i__ Ra ond Ber eron upon a separate and private
e.am;nat:on by me taken separate and apart from her said husband, acknovdedged to and before me that she executed said instrument fretly and volur?-
and w~thout any compulsion, constraim, apprehension, w fear of w from her said husband.
WITNE55 my hand and official seal this_ ~.~~d • day of J~e ~?..0, 19 r'-
. • ' ~
Notary Public in d for the te of f (da *f Larg~ ' .
My Comm~ssi expires: ~
Ret~rn To_ , . " : `
First Federal Sav~ngs b Loan Associat:on ~''D;!C. S:RTE Of fC 'iip •
- A at EARGE
Of Forr P..,~~. ti'Y l:i....~.:.;:'j:' E1WIP~$ UEG: 29. 1515
Fort P~_rce. Fic.~da fILEO A~i:~ ~'~C',1~~E~ :'ar.a.d ~ ;u :u .•.!JeC.,'~~nEer.,~:•rrs.
ST.IUC~r ~~UNT1' ftA. . /
R4.~',~~. ~0~'RAS tt
CLERK ~:i i,Ui ~ COURT j y• r' ~
Rc~f•~^ ~'Et'=tED- ~ ~ ,
This Instrument Prepared By ~rhn. ~'~.1n
First Federal Savings & Loan Association ~ 23 ~O 44 AH ~~Z
of Fort Pierce ~ Florida
Checked 8y _ 231999
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