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Home My WebLink About1015 . . . . 3. To place and continuously keep ai the bui:d~ngs now w heree(~e~ situare on sa7d fand and o~ aq equipmen~ and personally covered by this mor~y- sgs, w~th all premiums thercon pa~d in fult, (ira insurance in ~he ~sual s~andard poticy form, in • sum approved by ~he MORTGAGEE, and wi~dsrorm ~nsv~ance in t6+e us~al tianda~d pot.cy tam, i~ •~um approved by ~he MORTGAGEE, in sucF~ company o~ compan~es ~s the MORTGAGFE may direct; ~,tid all firs and w~ndstorm infu~a~ct ~~lic;es on •ny of ~aid build~ngs, ~ny lntere~t Iherein or part thereoi, in the aggrrgs+e iu~n ~faetaid w in exceu ~he~eoi, shall contain ~he usval flanda~i ~~o:~gayee clause a such other dause u the Mor~yagee may requ~re, ma?ing the loss unde~ sa~d poli- cies, each and every, payabte to said MORTGAGEE ~ its in~erett may appea~, and each aod every such policy shall be promptly ass gned and delivered ~o eny F~eld by said MORiGAGEE ai (unher sec~rity ~o said mort9age debt, and, not leu ~han ten (10) day in advance of the eapirat~on of eacl~ policy, to de- I~ver eo iaid MORTGAGEE a renew~l the~eof, tofle~her wiih a receipl fa tF?e p~emium of tuch re~ewat; and there shall be no f;r~ a. windffO~iT~ insu~ance placed on any of said bvildings, ~ny in~erest there~n or put thereof, unleu in the form and with ~he lou payable as a(wesaid; ar.d in ihe event any sum of mpney be~omes payable under such policy or polrc~es said MORTGAGEE shall have the option to receive and apply the same o~ account o/ the indebted nesa eecu~ed he~eby a to permil said MORTGAGORS fo rKe+ve and use 7t p any pa~t theiepf for othc~ purposes. .vi~nout th-rtu~ ~,ai.i~,3 or unpa~r- ing any equ~ty, tien or right undar or by viftue ot this mortyage; and in the eveM said MORTGAGORS shall fa any reason fail to keep ~he said premisas so insured, ot fail to dtlive+ promptly ~ny of said policies of insv~snce to siid MORiGAGEf, w fail promplly fo pay fuIly any p~e+~~iu~n there~or w in any reapect fai! to pa(orrt4 discharge, eaecute, eifecl, tomplete, tomply with and abide by this tovenant, w any part he~eof, sa~d MORTGAGEE may place a~~d pay fw such insurance w ~ny part thereof wi~houl w~ivinp w afFecting any opl~on, lien, equity, o~ righ~ unde~ w by virtue of ih~s M«tgage, and the f.,ii amount of each and e.ery such payrtxnt shall be immediatety due and psyable and shall bear i~terest from the date thereoi umil paid at the rate of nine pe~ cMtum per annum and to~ethrr wi~h such imerest shall be setured by 1M lisn of this matgsge. ' 1. To permit, commit or suffer no waste, impairment or deterioratio~ of said propc~ty a a~y paA thereof. 5. To pay all and singular tFxt costs, chargea and eaper~us, includirg a reasonable attanry's fee and costs of ab~tracts of title, i~curred w pa~d a? any time by said MORTGAGfE, because d'en the event of t}ro feilurs on the part of "the said MORTGAGOR to duty, promrrly and fully pe~lorm, dixharge, execute, effect, complete, comply with and abide by eack and every tFK stipulations, sgreemenq, cw~ditions, and covenants oi said promissory note a~d ~hii mo~rgage ~ny or e~~her, and sa~d cous, charges and expense~, each and evtry, shall bt ir+imed;ately due and payable; whether a not rhe~e be norice de mand, at~empt to collect or iuit pend;ng; and the full amwnt of each and every such payment. shall bea. interest from the date thercof until paid af the raie of n~ne per crntum per annum; and all :aid costs, charges and expenses incurred or paid, together wnh such interesr, shall be secured by t}u lien o1 this mortgage. 6. That (a) in the event of a~y breach of this Mortgage ot default on the part of the MORTGAGOR, w(b) in tlx event any of sa~d sums of money herein referred to be not promptty and fully paid wifhin thirty (3p1 days next after the same uyerally betome d~e and payabte, without demand or notice, or (c) in thr eve~t each and every the stipulations, sgreements, conditions and covcnsnts of sa~d promisso~y note and th~s mortgage any a e~ther a~e oot iuly, promp~ly and fully performed, d~uharged, executed, effectcd, completed, complied with and abided ~iy, then in e~ther or any such event the aa~d ag gregate sum mentioned in said promissory note ~hen rema~ning unpaid, with inrerest accrued, and a!I moneys secured hereby, shall become due and pay- ab~e tonhwith, a fhereafter, at fhe option of said MORTGAGEE, as lully and completety as ii all of the sa~d suma of money were or~ginatty st~pulated ro be paid on such day, anything in said promissory note or in thia Mortgage to the conrrary notwithsta~ding; and tlureupon w therea(ter at the oprion of :aid MORiGAGEE, w~rhout norice w demand, suit at Iaw or in sy~::~, :`.::eE~:~ ~ the~e~6•~~ !w•,,~; ..+a~ F+e orosec~tecl as if all moners secured hereby had maturcd pnor to its institution. 7. Tha~ in the event that at the beginning of or st any time pcnding any suit upon this Matgage, a to foretlose it, or to reform it, or to enforce payment of any claims hereur~der, said MORTGAGEE shall apply to the tou,t hsving ju~isd;a~on thereof for the appointment of ~ Receiver, such Cour~ shall Fo:thwith appoint a receiver of said mortgaged propeAy all and singula~,'includrng a~l and singular the income, prof~ts, issues and revenues from whatever source derived, each and evcry of which, it being expressly urxkrstoed, is hereby mortgaged as if spec~fically set forth and described in rhe g~an~inp and habendum clauses hereof, and such Receive? shall have all the b~oad snd effect~ve funcnons and Qowers in anywise entrusted by ~ Court to a Receiver, and such appointment shall be made by such Court as an admiued equ~ty and a matter of abwlute r~gh~ to said MOitTGAGEE, and wi~hout ~eference ro the adequacy or inadequacy of the ralve o! the property morfgaged or to the wivency or insolvency of sa~d MORTGAGOR w the defendants, and ehat such renrs, profits, incane, iuues and revenues shall be applied by such Reteiver according 1o the lien w equity of said MORTGAGEE and the practice of such Court. 8. To dutv. Promptly and fully perform, discharge, execeite, effect, complete, comply witF~ and abide by each and every the stipulations, agreeme~ts, co~ditions and covenants in sa~d promissory note and tAis mortgage set fwth. 9. That in the event the ownership of the mortgaged p~cmises, o? any part thereof, becomes vested io a person other thao tMe MORTGAGpR, the M,ORTGAGEE, its succeuors snd assigns, may, without norice to the AM1ORTGAOR, deal wiih such svccessw or successor in ;nterest wiTh reference to this mortgage and the debt hereby secured in the same manner as with Mortgagw without in any way vitiating or dixharging Ihe Mortgagors' liability herr unde~ or upon ~he debt hereby secu~ed. No sale of the premises hereby mo~tgaged and no forbearance on the part oi the MORiGAGEE w its svccessors or assigns and no exfens;on ot the time ta the payment of the debt hereby secur~d given by the MpRTGAGEE or its successws or ass~gns, ahall operate ~o release, discharge, modify change w affect the o~iginal liability of the MORTGAGOR herein, either in whole or in part_ 10. It is spec~fically agreed thal time is of the essence of this conuact and that no waiver of any obligation hereunder w of Ihe o6tigation sr :ured hereby shatl at any time the+eaiter be held to be a waiver of the ferms hereot a of the instrument secured herby. I 1, In add;tion to the forego:ng monthty payments of princ pal and interest required by the prom~ssory note secured hereby, mortgagor covenants a~d agrees to pay to mo:tgagee with each monthly payment an add~~ional sum est~mated by mortgagee to be equal to 1 j 12 of the annual cost of the follow- ~;;g: A-Alt real property taxes levird or assessed against the above descri5ed real estate_ B-Prem~u+ns on fire and windsrorm ins~rarce as here~n requ~red to be car:ied on the ~mp~ovements sit~ate on the above described premises_ C-Premiums on such mwtgage guaranty insurance as mortgagee shafl from t~me to time deem fit to carry on the loan secured hereby. Mwtgagee shatl from time to t~me notify mortgagor in writing pf the amount dur and payable hereunder and such sum shall thereupon be due and ~ayable on tF~ due date of fhe next monthly payment and each successive month thereaher urtil mortgagee shal) notify mortgagor of a change in such a~~~ount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, a~x! mortgage gu.::anty insurance p~emiums. N YJITNESS 'NHEREOf, the said MORTGAGOR has hereunto set his hand .and seal the da ear first afwesaid. ~ z Sealed and 'vered in the prexnce of: (Sean a ond Ber eron ~~a~ - . (Senq tSeaq An iin~~ rye n SiATE OF FLORIDA ~ . S5. ~ouNt~r oF -s,t. Lu~ ie- ' Befo~e me personally appeared Raymond Beraeron a~ ~ AncJel1na Bergeron ! his wife, to me well known and known to me to be the individuals described in and who executed the foregoi^~ instrumenL and acknowfedqed before me that they executed the ume fw fhe purposes thereio expressed. A~d the said AngellTla Beryeron. r.~fe of ~he sa7d Ra ~mc~nci F~Prnprnn ~ ~ 3 ~ a rate a ~vate e.am~nation by me taken separate and apart from her said husba~d, ~tkrawledged to and befwe me that she executed said instrutt~q~t freelj/,~nd•yolwr ; rarily and w7thout any compulsion, constraint, apprehe ion,_og fear of or from her said husband. + , ; WITNE55 my hand and official seal thi dsy of an~ry ' ~ q. p_~ ~q 7 ~ ~ - 45S . No ry Pubtic in and for t State-ot Fb_ri~a ~t large ' My Comm~uion expires: u' ~ Return To: FI~EO Al10 P,£(;URDEO ~"x" Q~ ~ First Federa! Savings a loan Association fT. LUCIE COUMTr FLA. ~ " Of Fort P~erce. ROCE~ rGITqAS iort Pierce, Flor~da ~~f R~ S°' ~~=t COJRt r~ RECORD vEf ~cf~ ~ L~ ~ ~ ~ 1~ 3 ~8 PN '73 This Instrument Prepared By Jonn itir. Collins First Federat Savings 8 Loan Association of Fort Pierce , Flor ida Checked ey __~FH ~?.i0 ~i~i3 S8 f ,.t ..r..= . , , - ~ ~ _ . . . r= _..n. T w°'. ~