HomeMy WebLinkAbout1837 3. To plac~ ~nd continvously k~ep on fhe bui!dingi now w Mre~f~e~ utuate o~ said land •nd on all equipment ~nd par~onally cav~red by this mortQ-
sQs, with ~11 p~emiums thereon pa~d in tull, fire insurance in rhe viua! s?anda~d poliKy 1wm, {n ~ sum approved ~y the MORiGAGfE, •nd w~~tam
inwrancs In ~M usual ~~~ndard pol~ty fam, in ~ sum app~oved by the MORTGAGEE, in such canpany oi compa~ias as ~he MORTGAGEE ~nay
direcq and all ti~~ and wi~+dswrm iniuronc~ policie~ on any oi ~•id build~nps, any inter~~t tAer~in or part theraol, in 1M aQg~ep~1~ sum atw~uid or
In txceu ther~of, •ha!! contain the vsual sfandmd mwtQa~» cl~uw o~ such o~M. claus~ ~s ~M Mw1y~9ee m~y reqv~r~, ma?irg the lou under ss~d poli~
cie~, escA and eve~y, payable to s~id MORTGAGEE its i~~erest may sppea?, ~nd e+ch +nd every auch policy shall be prompily ~~s:gned and del~ve~rd ~o
any held by_said MOR~GAGEE ~s /ur~har security to said mwtpage deht, and, not I~ss than ~~n (10) days in advance of ~ha expir.tan of erch pol~cy, to da ,
liv~t tp said MORiGAGEE a?enew~l therwf, to~ether with a receipt for 1M pr~mivm oi tuth re~ewelj and Iher• ihall be ~o f~rs w windstorm iniur~nce
plated on ~ny of said buildi~y~, any inte~e~l tMr~in or parl tMr~of, unless i~ ~ht (orm ~nd with tM foss payable +a s(aesaidj and in 1he evtnt any ium
ot mu~ey be~come~ payable under such policy w policies said MORTCaAGEE shall Mw ~he optan ~o ~eceive snd apply the same on account o( the indebted~ •
ness secu~ed h~reby a w permit said MORTGAGORS ro.eceive and us~ it w any parl thereot for othcr purposes, wi~lwut rhrreo~ waivi~x~ or uapair•
in~ any equity, iien w right under or by virtw ot thJs mor!~aye; ~nd in ~}w ~vent wid MORTGAGORS thsll (a ~ny reawn fail to kcep the said premisrs so ~ ~
insured, a fai! lo dslivet promptly any of said polities of insuranca to said MORTGAGEE, o? fait promptty 1o pay fully any premium theretot w in any
respect fail to pNfwm, dischugs, e~cecule, ~ffKt, complete, comply with s~d abids by this covenanl, a any part hereo(, said MORTGAGEE msy place and •
paY for, sush insurar?cs w any pa.t th~reof wi~hout waivug or affactiny ~ny option. lien, equ~ty, w r:aht under a by vir~w of ~his Mortga9e. +nd the :
full amouM of each ~nd twry such paymet?t shall be inunedi~tely dus and payable and sMll bear intereat irom ths date rhereof unti! peid a1 the rata of '
nfne per centwn psr annum and to~ethe~ wi~h ivch inte.est ihall tx secured by the li~n of ~h~s mortqage. `
1. Io ptrmi?, commit or suffer no waat~, lmp~'umenf or deteriwstan of uid properry w any pa?t 11?e~eof.
S. To pay aIl a~d singular the costs, charges and expenses, including • reasonable atraney i fee snd coats of ~b~trads of titte, inc~rred w paid at
eny time by uid MORTGAGfE, betause a ir+ the event oi the tailure on tM part of ttie said MORTGAGOR fo dvly, promptly and fu!!y perform, dixhargs,
execute, effecf, complera, tompfy with and sb~de by each ~nd every the stipulations, agree~nents, conditions, and covenants of said promis~ory note and thii
+*+wtgage any or eirher. ~nd said cosb, charpes and expenses. each ar.d every, shaH b~ immediately dw and payable; whefher or ~ot there bs norice de~
mand, attempt to collect pr suit pending; and rhe f~N amount of eath end every suth paymeM shall bea~ i~tereal from the data theraof until paid ~I 1he
raee oi nine per centum per an~~u~n; and all said costs, charges and expensea incurred w paid, togethe~ with tuch interesL ihall be tacured by the lie~ of tha
mongage.
6. Thaf (a) in the event of ~ny breath o1 this Mortyage or defautt on the psrt of fhe MORTGAGOR, a(b) in tM eve++t ~ny of satd s~ms of nwr+ey
hertin referred to be not promptly a~d fuily paid within Ihi~ty (30) da•~rs ~ex~ after the same severa{Iy betome due and payabl~, witho~t demand w notite.
or (c) in the eveM each and every the stipulations, agreements, cond~tions and covenants of sa~d promissory note and th~s rt+wtgage any p either are no1
i~ly, promptly and fvlly performed, d;schuged, executed, effected, completed. complied w~th ~~d ati~ded ~y. then in either w any ~uch eveM the iaid ag
gregat~ sum mentioned in said promissay note then remaining u~paid, with inte?est acvued, and all moneys secured heraby, shaN become due and pay-
eble forthwith, or rhereaher, at Ihe option of said MORTGAGEE, as fvlly and completely as if all of the said wms of money were aiginally itipulafed
to be paid oo such day, anyfhing in said promissory note or in this Mwtgage to the contrary notwithslanding; and thereupon or thereafter st the op~ion of
~aid MORiCaAGEE, without notice w demand, suit at law w in eqvity, there(ore or thereafter begun, may be prosecuted as if all ma?eys setured hereby
had matured p~or lo As institution_
7. That in the event that at the beginning of or at any time ~nding any sv+t upon this Mortgage, w to foreclose it, or to reform it, or to enfwce
payment of any claims hereunder, said MORTGAGEE sha11 apply to the Court hsving ju~isdrc~ion thereoi tor the appo~nrmenf of a RKtiYK, such Cou?! shall
Forrhwith appoiM a receirer of said mortgaged properfy al! and singular, includmg all and s~ngular ~he income, prot~ts, issues and reve~ues from whateve?
source derived, each and every of which, it being expressly u~dentood, is hereby mortgaged ai if spccifically ut forth and described in Ihe 9ranting and
habendum clauses hereof, and such Rcteiver shall heve all the broad and effective funcr~ons and powers in anywi:e entrusted by a Court to a Receiver, and
~~:h appointment shall be made by such Court as an admitted equity and a rr~na of ab~lute right to said MORTGAGEE, and withoul r~fere~ce to the
adequacy o~ inadequacy of the wtve of the property mortgaged or to the sowency o~ insotvency of said s~10RiGAGOR or-the defendants, and that such
rents, protits, income iuues and revenues shall be appl~ed by such Rcceiver accwding to the lien w equity of said MORTGAGEE and the practice of such
Courf.
8. To dvly, promptly and fully perfwm, discharge, exccute, effect, complete, comply with and abide by ~ach and every the sfipulations, agreements,
cor:ditions a~+d covenants in said p?omissory rate and this mortpsge set fwth.
9. That in the eveM the ownership of the mortgaged pramises, w any part fhereof, becomes vesfed in s person other than the MORTGAGOR, ihe .
h10RTGAGEE, its succeuws snd ass~gns, may, without no~ice to the A10RTGAOR, deal with such succeuor or successar in interest with reference to this
mor~gage and the deb~ hc.eby secured in rhe same manne. as wirh Mortgaga without in any way vitia~i~g w discharging the Mortgsgors' lisbility herr
under or ~pon the debt hereby secured. No ssle of the premises hereby mortgaged and no forbearance o~ the pan oi the MORTGAGEE d its successon
or assigns and no extension of the time for the paymenl of the debt hereby secured given by the MORTGAGEE or i» successors a ass;gns, sfwU operate ~
ra retease, discharge, modify change a affect the original liability of the MORTGAGOR herein, either in whole w in part.
10. It is specificatly agreed that time is of 1he esxnce of this contracl and thst no wsiver of any oblgation hereurxkr or of the obliyaYan sr
cured hereby shall at any time thereafter be held to be a waiver of the terms hcreof a of tfk inslrume~t secured herby.
I1. In add;tio~ to the fwego:ng month!y payments of princ'pal and interest required by the promissoay ~ote secured bereby, mwtgagor covenants
znd sgrees to pay to morigagee with each monthly payment an add~rional s~m estimated by mortgagee to be equal to 1~`12 of the annual cost of the follow-
in~:
A-Alt real property taxes levied w assessed against the above described real estafe. ,
B-Premiums on fire and windstorm insurar.ce as herein requ",•ed to be carried on fhe improvements situate on the above d~scribed p?emises_
C-Premiums on such mortgage guaranty insurar,ce as matgagee shatl from tin.e to time deem fit to carry on the loan secured hereby_
Mwtgngee shaH from~rime to time norify mongagor i~ writ~ag of the amount due and payable hereunder and svch sum shatl thereupon be due ar?d
~,ayable o~ the due ciate of The next monthty payment and each successive monih thereafter ur.til mortqagee sAall notify mortgagor of s changt in such
a~^ount. Such sums sh.all be app!ied by mongagee toward the payment of real property taxes, insurance prem:ums, and mottgage guaranty insurance
premiums.
' (N WITNESS WHEREOf, the said MORTGAGOR has hereunto seT his hand and seal the day nnd ear first aforesaid.
' Signed. Seaf arx'! deli ~red irr the ~sence of:
i r
~ ~ Slay
i ~ ~ R n Bergezo
; C :`C-~~~ - " ~
~ a~
E
t
~ STATE OF FLORIDA . ~
~ couNrr oF _ St. Lucie
_
; Raq,wnd Bergeron
~ 8efwe me personally appeared ~ b
and
, AngeliIIa Bergeron his wife, to me well known ar+d known to me to bs
; rhe ind~viduals described in and who executed the foregoing instrument, and acknowledged before me that they executed the same for the pwposes
t rherein exp~essed. And the ,~~a Aaaelina $p!~lO~i k
: {
: wife of the said Rayaond Ber9eron . a sepsiatl ~nd pr'~vats ~
~ exam;nat[on by me taken separa?e and apart from her said husband, ackrwwkdged to and befwe me that she executed said instrymept•freeJ~p~d volvn-
~ tar;ly and witho~t any compulsan, tonstraint, apprehension, or fesr of or from her said husband. .~t•- ,
15th
~ WItNESS my hand snd official seal this dsy of ~~e." D. ~9-'.73
~ - . -
~ j Notary Public in e~d iw the afe ~ _ i~e ai tar~ , ~ 4
My Commission expires:
~ Retum To: NdTARr ~C. ST~TE nf fl dR1QR' ~
a+~E
first Federal Savi~gs 3 lsan Association M1~ COMh91SS1:''7' r`' "'--.1~: C. ~2~: 1~75
Of Fort P~erte. Bond~O T~ru t;: ae- i. 7~-i O~d~rii~fa. ~
.t.
' Fort Pierce, Ftorida '
~ :
s ~T.~YCiE couN~r Fu. , ~ -aq ~7~ i
This Instrument Prepared By JOhn W. Collins 01,~RK8C RCUIt,C
UIIT
First Federal Savings E~ loan Association RECQR~ Y~R~I~~p ~
§ Fort Pierce , RlOrida ~ ~O ~ ~
~ ~hecked B js
;
i
i 4
eoax 2~5 QA~-183 2~~3 ;
3 ~
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