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Home My WebLink About1835 3. To plac~ •nd conti~uously kcep on ~he bu~:d~ng~ now w herea(tc~ ~ituate on iaid I~nd snd on ell equipment ~nd perso~aliy cove~ed by this mortg~ iy~, w7th all pttmiurt~t ~he~eon pa~d in tutl, (i~e insu~anc~ ~n the usual s~andard policy form, in a ium approved by ths MORTGAGEE, a~d wind~tam inwr~nce in tM uiual ~ra~da.d pol~cy fwm, in a sum ~pproved ~y 1M MORTGAGEE, in iuch canpany or companlei +s ~ht MORTGAGEE msy di?tctj ~nd atl tir~ a~+d wind~~orm insuronc~ policies on ~ny of said buitd+rqs, any intt~eit therein or part fhereot, irt !1w sgyrep~~s ~um afo«s~id p 1n ~xt~u the~eof, ~t~al1 contain the ~sual standa?d mort9agee claute w iuch aAe~ claus~ ~s ~M A~or~yagee may rcqu~n, makir+p the lou unde~ s+.d po1F c~es, exh ~nd ~ve~y, payable to seid MORTGAGEE as ita in~erei~ may appear, and each and ever~ ~uch poiicy ~hatl be promptty ~is gned and d~livered ?o any heid by said MORTGAGEE ~s fur~her security to taid mortQaQt deW, snd, not less Ihan ten (t0) da~-s in sdvancs of ihe sapiration of each policy, to dr livet to ~aid MORTGAGEE s renewal thereof, to~e~Mr witA • receipt tor IM pemium of t~ch rtn~walj and there sh~ll b~ no f~re a windsto~m inaurancs placad on ~ny of said b~ildinps, ~ny intertsl therein w p+~t ~herwf, u~iess i~ ~IN form and w~th ~M loa payable a~ •faessid; ~nd in tF~e e~~M any sum of mon~y becomes peyabte under such policy a polk~es said MORTGAGEE shall hav~ Ihs option to teceive end apply the same on ~ccoum of the irxleb~ed~ ness secured hereby O~ to permit said MORTGAGORS to rective and uss it p any part thereof fa other pu~posrs, without th~reo/ waiving or ~mpair- ~ ir,g any puity, lien or right unde~ a by virtvs of thi~ morrpags; and in Ihs event uid MORTGAGORS shall (or any reason fail to keep the ssid prem7ses w iniured, ~x fsil ro deliver promptly ~ny of said pol;~ies of inwrante to said MORTGAGEE, w fail promprly to pay fu~ty any prt~nivm Iherefor or in any i respect fail ro perform, dischs~ge, execute, effep, comptete, comply wirh and abid~ by thi~ covenant, or s~y par~ hereof, said MORiGAGEE may pl~ce and ~ pay fa tuch inw~ance or ~ny part thereof without wsiving w ~ffectir~y any _option, li~n, eq~ity, o~ right under w by virlw of thi~ Mwtga9e, ~nd the full amouM of eacA and every such payment shall be immediataly dw and payabla snd shall bear i~terest from ths dat~ the~eof u~til paid at th~ ?ats ol - 1~ nine r ce~tum annum and t ~ ! pe per o~e~he~ with such inlaest sMll be setured by the li~n o( Ihis mortqage. I. To permit, commit or sufter no waste, impaim~ent p deterioration of ~aid property or ~ny part thereof. S. To pey all srwl sirgular ths costs, chargas and expenses, including a reasonable sttorney i fes and costs of abstrscts of title, incurred w paid at any time by said MORTGAGEE, because w in the avent of tha fa~lure on the paA of the said MORTGAGOR to duly, promptly ~nd fuUy pe~form, d~xharg~, execute, effM, tomplete, comply wflh and sbide by each and every the stipul~lion~, agreemenri, conditions, sod tovenanq oF said p~pmissory note and this mortgape any or eitha, and ia=d cos?a, charges and expenses, each end every. sFall b~ immediately dw and payable: whethe~ w not ~here be norice d~ mand, attempt to coliett w wit pendingp and the (ull arrwunt of each and eveiy such p~yrrKm shall bear i~tere:l (rom the dafe t1?ereof until paid at the rate of nine per centum per annum; and aN iaid costs, charges and. expenses intucred or paid, toyether w~th iuth imerest, ihall be secured by the lien of this monyapa 6. That (a) in the eve~f of any breach of this Mortgage or defautt on the pa?t of fhe MORTGAGOR, w(b) in tM event ~ny of said wma of money herein referred to be not promptly and f~lly paid wifhin th~rty (30) days next after the ssme aeveralty become due snd payable, without demand or notice, or (c) in the event each a~d every t6e stipulations, a9reenxnts, conditions and covensnts of sa~d promissory note and th~s mwt~age any a either ~re r.o1 luly, promptly and (uUy perfamed, d~scharged, execufed, eiiccted, completed, complied with ar~d abided by, then i~ either or any such eveM the sa~d gregste sum mcntioned in said promissory note then remaini~g ~?npaid, with iMerest accrved, and all moneys secured hereby, ihdf become dw and pay- able fwthwith, o~ tfiereafier, at the option of seid MOR7GAGFf, as fvlly and comple~ely as ii all of ~he uid wms of money were pigin~lly stipulated ro be paid o~ such day, anything in sa:d promiuory note or in ~his Mortgage to the contrary notwithstanding; and thereupon o+ thereafter a1 the opt~on of sald MORTGAGEE, without notice w demand, suit at law w in equity, therefwe w thereafter begun, may be prosecuted as if all moneys secured he~eby had mafwed ptror to rts institution_ ' 7. That in fhe event that at the begi~n~ng of or at any time pe~ding any su~t upon this Mortgage, a to foreclou it, w lo refwm it, w to enfwce payment of any claims he~eunde~, said MORTGAGEE shall apply to the Court having jurisd~ctio~ thereof tor ~he appo~ntment of a Receivc~, such Court shall fo~ehwith appoint a rece;ver of said mortgaged p~operty all and singuter, incl~dmg all and singular the income, profils, issues and reven~es from whateve~ • sou~ce derived, each and every of wh~ch, if being expressly unders~ood, is hereby mortgsged as if spec~fically set fath and destribed in the y~anting snd habeMlum clavses Fxreof, and such Receiver shatl heve all the broad a~d effedive funa~ons and powers in anywise entrusted by a Cour~ to a Receiver, and s~ch appointment shatl be made by such Cour~ as an admitted equity and a mattar of absolute Nght to said MORTGAGEE, aod withoul reterence to ~he adequacy or inadequacy of the value of the property mor~gagcd or to the so~vency or insolvency of taid MORiGAGOR p the defendants, and ~hat such renfs, p~ofits, income, issues and revenues shall be applied by such Rcceiver acco?ding to the Iiea or equity of said MORTGAGEE and the practice oi such Court. 8. To duly, promptly snd fully perfwm, discharge, execute, effect, complete, comply with end abide by esth and every the stipulations, agreement~, conditions and covenants in said promiuory ?wte and tbia mortgsge set fw1h. 9_ Tbat in !be event the ownership of the mortgaged premises, w any part the~eof, becomes vested in s pe~son other ths~ the htORTGAGOR, the MORTGAGEE, its succeuors and au~gns, may, without notice to the MORTGAOR, deal with such successa or iuccessor in interest with reterence to this mortgage and the debt hereby secured in the same maruxr as with Mwtgagor w;thovt in any way viriating w d~scharg~ng the Mwfgagori liability FKrr under or upon ~he debt hereby secured. No sale of the premius hereby mwtgaged end no forbearance on the part of the MORTGAGEE w iti tutcess«s or assigns and no extension of the time fu the payment of the de61 E?ereby secured given by the MORTGAGEE or its successws or ass;gns, shaU operate ro release, dixharge, modify change or affect the origi~al liability of the NIORiGAGOR herein, eifher in whole or in part. 10. It is spec~fically agreed that time is of the essence of this contract and that no waiver of any obt~gatio~ Ixreunder or of the obiigaYan sr c~red hereby shall at any time thereafter be held to be ~ waive? of the terms hereof or of ttx instrument secured berby. I1. In add~tion to the iwego:ng monthiy payments of princ'pal a~d interest required by the promissory nore secured hereby, mortgagor covenants a~d agrees to pay to mo:tgagee with each mon!hly payrnent an add~rional sum esiimated by mortgagex to be equal to 1/12 of the annual cost oi the follow- ing: A-All real property taxea levied or assessed agai~st the above deu~ibed reaf estate. B-Premiums on fire and windstorm insurar,ce as herein reqv:red to be carried on the improvements situate on the above described premises. C-Premiums on such mortgage guaranty insurar~ce as mortgagee shall from time to time deem fit to tarry on the loan secvred hereby. Nlwtgagee shall frpm time to t~me notify mortgsgor i~ writing of the amount due and payable hereunder and such sum shall thereupon be due and ;.ayable on the due date of tAe nezt monthty payment and each successive month thereafter urtil mortgagee sball notify mortgagor of a change in svch art,ount_ Such :ums sFaII br applied by mortgagee toward the payment of real property taxes, insurante {xem:ums, and mw"tgage gua~a~ty insurance p~emiums. - (N WITNE55 WHfREOf,_the said MQRTGAGOR has hereunto set his hand and seal the day a ar first aforesaid_ Signed, Sealed_ and d' ered io the preunce of: - l ~ ~ an ~ ~ Sesq ; ~ Seaq I STATE Of fLQRIDA 1 ' cour~rr o~ St. Lucie ~ u- i gefore me an s Ravaond Bera¢ron PefS~ Y PPeared snd ! Angelina Bergeron his wife, to me well known snd known to me to be E rhe individusls described in and who executed the fwegoing instrument, and atknowledged before me that they executed the same fw the pwposes ; therein expressed. And the sa~d ~9elina Bergeron ` w~fe of the ~~d _ Ray~ond Bergeron upon s sepa~ata and priwts ~ examination .by me taken separate and apart from her said husband, atknowledged w and befwe me that she executed said instrumec?~.ff~ly and volun- ~ ranly and without any compvlsion, constraint, apprehens~on, a fear of w from her said husband. ' f i WITNESS my hand and official seal thi~ lstb dsy J~~' ~ '-'q, D. 19 73 s , ~ • . l . ~ i . Notary Pubtic in a~d w tha f!' `~tls ai la~e : ~ V G My Commiu'an expires: - - ; ~ . : i Return To: IIOTARY-iV9CfP~ TAt~' o/ t ? Fint Federal Savings 3 loan Assaciat~on Z$ f~RIDA-2t E~RGE : 2S"r3'~2 ~fl' G~jS$t(1J'l EKPIRQ~pEC{ ~ 1975 ~ ` Of Fort P,erce. ~onded"JKs.~ r„ o•..; r~... 4~xc:?~:r. ~ Fort Pierce. Florida ~ ~ i , i • / ~ a . . _ _ ~ , F~a ~KO RE~oR f~o - . - , ~q , _ .tUC1E C00 This Instrument Prepared By JOhn H1. Collins ~~f ~ F~"A?S ~ CIERK C~"r:~WT COURt ~ \ ; Fi r s t F e d e r a l S avi n g s 8~ L oa n A s s o ci a ti o n ; o Fort Pierce, FlOridd RECOR'J YEA~~~ E O 2Z ~ 04 ~'73 ~ Checked By ~ z ~ ~ . eooK 215 FAGf 1832 . t . . ; . : _ ~ = ~ .