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Home My WebLink About1017 ~ f t,:~ ' - - 9. To place and continuously keep on ths bui!dings ~ow w he~eaftcr ~ituate on said ~ind and on all equip~nent and persa+atly cove~ed by thi~ morlg- +g~, with all premiums thereo~ pa;d in full, fire i~surance in the ususl s~+ndsrd pol~cy form, in ~ sum approved by the MORiGAGEE, end winds~wm iniurancs in tha usual itandard pol:cy form, in a ium approved by the MORTGAGEE, in suth canpany o~ companip as the MORTGAGEE may dirett; and aN fi~t and w+ndalorm insunnce policies on any of ta~d buildinps, any intlrc~t therein or part thereof, in tM aggreqa~e •um afwesaid u in exceu ~hereof, shall tontain the usual standard mortge9ee claus~ w such other clauss ~s the Mo~~flagee m.y requ~~e, msYiny ~he toss under sa~d poli- Nes, eac6 and eveiy, payabte to t~~d MORTGAGEE as ~ts interest may appear, and each and eve~y such policy ihall be promptly ass gned and del~vered to any held by sa~d MOR1GAGfE as fur~he~ iecurity Io aid mwr9age debt, ~nd, not lau than ten (10) d~ys in advance of the ezp~rat~on of each policy, to da IivM to uid MORTGAGEE s renewal thc~eof, to~~hu wi~h a rec~ipt fw the prtmium o( iuch renewal; and there ihaU be no 1~~e or w~nds~onn inswance p!xed on any of said buildings, ~ny intereit therein or part thereof, u~less in iF+~ form ~nd with the tou payable ai aforesaid; a~d in the event any aum of money becomes payable under such policy or poGc~ea uid MORTGAGEE shall have ~he op~ion 1o receive and apply the ume on account of the i~~rbted- neu secu~ed herQby w ro permit said MORTGAGORS to ~eceive and use it d any pan ~hereot fo~ o:her purposes, .v~ihout ~h~.. u,r wa~~~ cr ~~~~pe~~- ing any eqv~ty, lien w~ight under w by virtue oi thia mortgage; u+d in the event said MORTGAGORS shall fa a~y ~eason fail to keep the sa~d piemis~~s so in~ured, w fail lo deliver pranptly ~ny of said policies of insurante to said MORTGAGEE, or fail promptly to pay fully a~y pre~»~~m therelor or in any respecf iail ~o perForm, discha.gs, execute, effea, complete, comply with end ~bide by this cove~anl, or any pa~t hereof, sa~d MORtGAGEE may ptace ar,d pay fa such iruurance w ~ny part tha~cof without waiving or affecti~q ~ny option, li~n, equity, or r~ght vnder w by virrue of ~his Mo.egaga, and fbe futl amount of each and eve~y ~uch payment shall be immediately due and payabk and shall bear interest from the da~e ~hcreo( until pa~d at ~he rate o1 nine per cemum pe? annum and to~etha~ with auch interest shail be secured by the lie~ of th~s mwt~age. 1. To permi?, commit o~ suffer no waste, impairme~t or deter'wratio~ of said property or any part thereof. S. To pay all and singular the tosts, chs~ges snd expenses, includiny s ressonable attwney i fee and costs of abstracts of Y+tle, +ncurred o~ pa;d ai any time by sa~d MORTGAGFE, betause w in the event of the failure ot~ the part oF 1he s~id MORTGAGOR to duly, promptly and fu~ly perform, d~scharge rxec~te, effed, complete, comply with and ab:de by eech and every the ~t~pulationi, agreements, conditio~s, snd covenann of sa~d p~om~sso~y note and thii mortgage any o? e~~her, and said tosts, cha~ges and expenses, each and evcry, ihal! be immedialely due and payabfe; whetAer w not there be no~ice de mand, attempt ro collect or suit pendiny; and the full amo~nt of each and every such payment ~hall bea? interest from the date Ihercof until paid at the .ate of nine per centum per a~num; and all taid cost~, charges and expenses incurred w paid, together with such interest, ~hall be secured by the l~en of thif morrgage. 6. That (a) in the event of any breach of tAis Matgage or default o~ the part of the MORTGAGOR, a(b) in tha event any of sa~d sumi of money herein referred to be no~ Nromprly and fully paid withi~ thirty (30) days r~ext after ~he same uverally become d~e and payable, without demand o. notice, or (c) in the event each and every the afipufations, igrerments, conditions and covenants of sa~d promissory note and th~s mortgage any or e~ther a~e nof iuly, promptly a~d fully performed, d~scharged, ezecuted, effected, completed, complied with and ab~ded by, the~ in either or any such event the sa~d ag gregate sum mantioned in said promissory note then remaini~g unpaid, with inrerest acc~ued, and ail moneys secured hHeby, shali become due and pay- aole forthwith, w thereafter, at the opGon of said MORTGAGEE, as fully and completety as i1 all of the said sums of money wera w~ginally st~pulated to be paid o~ such day, anything in sa;d promiuory note or in this Matgage to the contrary notwiths~anding; and thereupon or fhereafter at the opt;on o1 said MORTGAGEE, without notice w demand, suit at iaw w in equity, therefwe or thereafter begun, may be prosecuted as if all moneys secured hereby nad matured pnor to its insritution. 7. That in the event that at the bcginn~ng ot a at any time pendirg any tuit upon this Mortgagc, or to forectose it, or to reform it, or to enforce payment of any claima he~eur~der, said MORTGAGfE shall apply lo the COUrI having jurisdictio~ fhereof for the appointment of ~ Rece~ver, such Court shall iorihwith appoint a recciver of said m«fgaged property all and singvlar, inclvd~ng all and singular the i~come, prol~ts, iisuas and revenues from whatever seurce derived, each and eve~y of whfch, it being expaessfy u~ndenrood, is hereby mw?gaged as if speuf;cally set fwth and dewibed in tF+e granr,ag ar.d nabendum clauses hereof, and such Receive~ shall have sll the broad and effecrive funct~ons and powe~s in anywise entrusfed by a Court to a Receiver, and s:,ch apFointmcnt shall be made by such Co~?t as an admitted equity and a matter of absolute right to uid MOitTGAGEE, and witFwut reference to the adeq~;cy a inadequacy of the value of the property mortgaged or to the solvency or i~solvency of said MORiGAGOR p the defendants, and that such renes, profits, income, iuuei and revenues shall be applied by such Receiver accord~ng to the lien or equity of said MORiGAGEE and the praUice of such Couct. 8. io duly, prompNy and fully pe~fam, discha~ge, exccute, effen, complete, comply with and abide by each and every the st~pulations, agreements, conditions and covenants in sa~d promissory note and this mwtgage set fwth. 9. That in the event the ownership of the mortgaged prcm~ses, w any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its succeuws and auigns, may, without ~orict to the MORTGAOR, deal w;th such svccessor or successd in interest with reference to thia mortgage a~d the deh! tie~•hy :K.ved ;n the aame manne? as with Mortgagor without in any way viuating or diuharging the Mortgagors' liabilify here- ~nder or upon t~e debt hereby secured. No sale of the premises hereby mortgaged and no iwbearance on the part of the MORiGAGEf or its successon or assigns and no ex~ension of the tirrx fw tF.e payment of the debt hereby secured given by the MORiGAGEE or its success«s or auigns, shall operate ro release, discharge, modify change or affect the original liab~lity of the MORiGAGOR herein, either i~ whole w in part. 10. It is spec~fically agreed that time is of the essence of this contraU and that no waiver of any obiigation hereunder w of the obligatio~ sr cured hereby shal7 at any time rbereafter be held to be s waiver of the terms hereol a of the instrument secured herby. 11. In addn~on to the fwego'ng momhly payments of princ'pal and imerzst required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee v~ith each momhiy payment an add~rional aum esnma~ed by mortgagee to be equal to 1 j f4 of the annuat cost of the ioflow- ing: A-All real property taxes Ievied or assessed agai~st th: above descri5ed real estate. . B-Prem~ums on f~re and windsto.m insurante as herein ~equ~red fo be carried o~ the improveme~ts situate on the above described premises. C-Prem~ums on such mortgage guaranty insurar:ce as mortgagee shail from t:me to time deem fit to carry on the toan secured hereby. Mongagee shall irom time to t~me notify mortgagor in wriling of the a~re_~! d_•e a•~d payable hereunder and such sum sball thereupon be due and r.ayabte on the due date of the oext moNh:y payment and each successive month thereafter ur,til mortgagee shall not;fy mortgagor of a change in such a~*~ount. Such sums shall be appiied by mortgagse'towait~he payment of real property taxes, insurance prem:ums, a~x! mortgage guaranty insurance premiums. IN WITNESS WHER , the d MORTGAGOR has hereunto set his hand and seal fhe da and y ar first aforesaid. , Sealed a de er he prex e of_ 1 Sean ' (Sea!) f • (Seal) r ~ i5eal) S7ATE OF FLORIDA ~ ~ couNrY oF St. Lucie 3 ' Before me penonally appeared Raymond Bergeron a~ E Angelina Bergeron his wife, to me wetl known and known to me to be ~ rhe individuals desuibed in and who execu ed the fpr oi instrument, end acknowledged before me tFw/ they e~cecuted the same far the purposes ~ rherein expressed. And the said ~9elin`~ ~ezgeron wlfe of the said Raymond Bergeron upon~'a sepa~ate ~nd private e.amination by me taken separate and apart from her seid husba~d, atknowledged to and before me that afie executed sai instruJOeat.frta(7~ and. volun- ; rarily and wirhout any compulsion, constraint, appre ,p~fear of or f~om sai usband, _ , ,a ~ ,73 ! WITIYESS my hand and officia! sea! this ~ J~0. ~ of Janu . ' 246456 _ a ~ . ; - Not ry Public in snd r t St of~flori`a at~ ~arge My Commission expirei: Rerurn To: fllED AMG RE(',pK0E0 a'~ ~ 5 ~ First Federal Savings b loan Associat~on sT• ~UCIE COUMTY FLA. ' t~OCEF PQ~TRAS ~ o~ Fo~t v:e~ce. CIERK CtRC1:IT COURT - Forr Pierce, Flo~~da RFCt+R~ yFF;F~~(~ ~ • ~ 1'~ 3 2e PN ' 73 ~ ` This Instrument Prepared By John W. Coll in s - First Federal Savings & Loan Association of Fort Pierce, FloYida z Checked By ~ bit~ ~5 ~ ~ ~ ~ - : ~ ~