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Home My WebLink About1839 J. To place and conrinuously keep on tM build~ngs now w hereatter silu~te on said land and a+ all equipment and perwnslly cove~ed by Ihls mort~- aye, wi~h ~11 prem~~ms the~eon pa~d in fuli, (ire int~ranct in the usual •randa~d polity foim, In • tum ap{xoved by th~ MORiGAGEE, and winds~orm ~nivranc~ in ~M usual atandard pol~cy fam, in • ium +pproved by ~M MORTGAGfE, in such canpany a compan~cs as the MORTGAGEE inay dir~ct; and all tir~ snd winduo.m iniuronce polic;es on any of iaid buikiin~~, ~ny i~terest tMrein or pa.f the~aoi, in the ipQrepa~e tum alw~uid w tn ~xces~ thereof, _~halt contain ths uswi alandard matyape~ clause a svch o~he~ claute a tM Mw~y+pe~ m~y req~~n, makinp tl+~ ioi~ unda sa~d po1F cie~, Nch and ~vKy, payable 1o said MORTGAGEE as itt interest may ~ppear, ~nd eacA and every cuch policy thall b~ promptly ass pned a~d ds~ive?ed ~o any heW by i~id MORTGAGfE as furthe~ security to wid mwtgsge debt, ~nd, not less tMn ten (10) days in advanc~ of tM ~xpirsYwn of each po1Ky, to d? IivN to ~aid MORTGAGEE • ~enswal ~herwf, tope~Mr wiih a?x~~p~ fw ~i+e p..m~um of ivch re~ewal; ~nd ther~ ~ha~l bs m f~re or wir,dito~m ir+surancs plac~d on ~ny of said bvildiry~, any interesl th~rei~ a parl thereot, unleu tn the fwm uw~ with th~ lost payabla ai aforesaid; ~nd in th~ evant a~y sum oi moe+~y becomes payable under wch po~icy w policias iaid MORTGhGEE shall Mve 1M option ~o receive ~nd apply the ssme on account of the indebted~ ' nea secur~d hereby or w permit said MORTGAGORS to ~eceive and ut0 it p iny parl thereof f0~ othe~ purpoSes, wittn~t thqrfu~ waive~xJ o~ anpair- ing any eqvify, tien o~ right under or by vlrtvs of this morr9age; ind in tM event uid MORT~'sAGORS shall fa ~ny reason fail to keep the wid premius so insvred, o~ f~il fo delivee promptly ~~y of said policies o1 insvrante to ssid MORiGAGEE, or (•il promptty to pay (utly any premium tFxreto? ot in a~y re~pect (ail ro perfam, discharge, ~xccute, effep, completa, compty with snd abid~ by this covenan?, w any pert hereol, iaid MORiGAGEE may place and ~ pay for such inwranc~ or a~y part thereof without w~iving or affedinp ~~y option, li~n, eqvity, or righf under w by virtw oF this Matgaye, and the full ~mouM of each and every such p~ymant shall be immcdia~ely du~ ~nd payable •nd ihaft bwr interetl irom ths date thereot until paid at the rit~ ol ; ni~e per centum pt~ a~num and togNhe~ wi~h such interest shall be secured by tht lie~ of this mort9aye. t!, ' j To parmi~, canrnit w suffer no waste, impairment w deteriwation of said p~op~rty o~ any part thereof. S. To psy all and singul~r the coits, chuycs and exFenscs, inctuding a reasonable attorney's fee and costs of abstracts of title, incurred or paid at any time by ssid MORTGAGEE, because or in the event of the failure on the paA of 1he wid MORTGAGOR ro duly, promptly and fvlly perform, discharg~, ~ execute, effec~, complNe, comply with end sb~de by each and every ~hs ~t~pula?ans, sgreements, conditia,a, ~~d covensms of said promissory note and this mortyape ~ny w e~tha, ~~d ~sid costs, chuges and expenxs, each and every, shall be immedia~ely due and p~yable; whether a not there be noNce da mand, attempt to colled w wit pending; end the fvfl amount of each and every wch paymenl ?hall bear interost from tFa date thereof uNil p~id al the raie of nine per ccntum per annum; and all said costs, ~harges and expc~ses incurred o~ paid, together with such interes~, ahall be secured by the iie~ of tha mortyspe. 6. That in the evem of any txeach of this Mwrgage or default on fhe pat oF the MORTGAGOR, a(b) in the ever,t ~~y of said sw~u of money he~ein ~eferred to bs not prompNy and fully paid within thirty (30) d+ri next after the same severatly become due snd payable, without dems~d or notice, or (c) in the event each a~d every the stipulations, agreements, conditions a~d cove~anq of sa~d p~amiuory note and th:s matgaye any w e;rher are not iuty, promptly a++d fully perfwmed, diuharged, executed, effected, completed, complied with and abided ~y, then i~ e~ther a any such event the sa~d ag gregate sum mentioned in said promissory ~ete then remaining unpaid, with intcrest atuued, and all moneys xcured hereby, shall become due and payr ab!e fwthwith, or thareafter, at the option of sa~d MORIGAGfE, as fulty and comple~ely as if all of ihe said sums of money were wginaNy ttipulated to be paid o~ such day, a~ything in sa~d prom~:swy note or in this Matgage to the con~rary notwi~hstanding; and the~eupon ot thercafte~ at Ihe op~ion of said MORTGAGEE, without notice or demand, suit at law or in equity, theretae or thereafter begun, may be prosecvted as if all moneys secured hereby had matured q~ot fo ils irotitution. 7. That in the event that at the beginning of w at any time peodi~g a~y suit upc+n this Mortgage, or to fweclose it, w to reform it, or fo enforce payment of any claims hereu~der, said MORTGAGEE shall apply to the Cou.t having j~r~sd~ct~on thereof for ~he appointmenr of a Receiver, such Courf shall Fo~rhwith appoint a receiver of said mortgaged property all ~nd sirgular, includ~ng all and singu~ar the income, p~ofits, issues and revenuea from whatever source derived, eath and every of whi:h, it being exp~essly underatood, is hereby mortgaged as if tpec~fitally sel forth and deKribed i~ the granting and habendum clauses hereof, and such Reteiver shall have a!1 the hroad and effective funcnons and powers in anywise entrusted by a Court to a Receive~, and c:ch appointment shall be made by wch Court as an admitted cquity and a rt+atter of absolute right to said MORiGAGEE, and without referente to tF~e adequacy w inadequacy of the value of the property mprtgaged or to the wtvency or insolvency of ssid MORTGAGOR a the defendanrs, and ihat such rents, profin, incamq iuues and rerenues shall be applied by such Receiver accord~ng ~o the lien or equity of taid MORTGAGEE aod the pradice of such Courf. 8. To duly, promptty and fully perform, dixharge, execute, effect, complete, comply wi?h a~d abide by esch and every the stipulations, agreements, conditions and wvenant~ in sa~d p~omissory note and this mortgage set fwth. 9. That in the event the ownership of the mortgaged premises, w any part thereof, becomes vested i~ a pe~son other thsn the MORTGAGOR, the MORTGAGEE, its successas and assigns, may, withou~ notice to the MORTGAOR, deal with such s„ccessw a succeisor ~n interest with refererKS to this n,o~tgage and the debt hereby secured in the same manner as with Mo~fgagw without in a~y way vitiating or discharging the Mortgagors' liability herr under or upon the debf hereby secvred_ No sale of the premises hereby mortgaged and no forbearance o~ the pan of the MORTGAGEE a its tucceuws or assig~s and no extension of the time fw the paymem of the debt hereby sec~red given by the MORiGAGEE o. its successors w auigns, sAsll operate ~o release, d~scharge, modity changr or affect the original liab~l~ty of ~he MORTGAGOR herein, either in whole a in part. 10. It is specffically ag.eed that time is of the essence of th~s contract and that no waive? of any obligat~on herevrtder w of the obligsY~en se- cured hereby shall at any time thereafter be hetd to be a waiver of the terms hereof or of fhe instrument secured herby. 11. In add~rion to the forego:n~ momhly paymems of princ'pat and intzresf reqvired by the promissory note secu~ed hereby, mwtgagor covenants and agrees to pay to mortgagee with each momhly payrnent an add~iional sum estimated by matgagee fo be equal to 1/12 of the an~ual cost of the follow- in~: A-All rea~ properfy taxes levied o? assessed against thc above described real estate. B-Premiums on fire and windsrorm insurar.ce as herei~ requ;red fo be carried on the improvements situate on the above dest+ibed premises_ C-Premiums on such mortgage guaranty insurar.ce as mortgagee shall (rom t~me to time deem fit to carry on the loan secvred hereby. Mortgagee shall from time to tirt~e notify mortgagor in writi.eg of the amount due and payable hereunder and such sum shail thereupon be due and ~ayable on the due date of the next monthfy payment and each successive mo~th thereaf?er ur.til morlgagee sF~all notify mortgagor of a change in s~ch amount. Such sums shail ne applied by mortgagee toward the paymcnt of real property taxes, insurance prem:ums, artd mwtgage guaranty insurance premivms. IN YVITNE55 WHEREOF, the said MORiGAGOR has hereunto set his hand and seal fhe day snd first aforesaid. Signed, Seated snd deliv~red i~ the presente of: ~ ~ ~ - J / , - ~ Se~O , (Seal~ i - Sean ; i Seaq + l STATE OF FLORIDA ~ I CdUNTY OF St. Lucie i Belore me personally appeared Ray,wad Bergeron and ~ - Angelina Bergeron his wife, to me well known and krawn to me to be ; ~he individuals described in and who executed the foregoing instrument, and acknowiedged before me that t1~ey executed the same fw the p~rrposes ! rherein expresud. And the :a~d ~Qe2~~ Sezgeron ; f .v~fe of the said Rays~nd Bergeron ' upon a sepsrete and private ; exam;nation by me taken separate and apart from her said husba~d, ecknowledged to and before me that she executed said instrument froely, and voturr rarily and without any compu!seon, constraiM, spprehension, or fear of w from her said husband. WITNESS my hsnd and official seal this 1~tb day of '~~/1. ~D. i9.~~= _ ~ ' ~ : t" ; ~ Notary Pubtic in and for Stat F~ofi~'`af Lar~e ' ~ Retum To: My Commiu'an expires. N~ARY P1i9i~,'~`,'~'~r ~~R~~JJ1~8t kRf~6E : First Fedenl $avings d~ loan Association y~Y C~•..~~-'i'~•~' , J'``.~,~1975 ( Of FOr! PierCe_ Bonded im~ ~,cq.f;ai 1'_.~.~~._ .t~'~in:~~L i ~ ~ ~ :~,:s P:erce. Flor:da ~ ' ~ . n, t ico R~co~ ,~~,~,3~ ,Z Zy. ~s s~. ~uc1E COUNTY L~ 4 ; This Instrument Prepared By .JphU W~ Collit~s ~OCER•POl1'RAS ? First Federal Savings & Loan Association ClE1t~ Ct~CUt? Cp~RT ; RECORO ~Epif1E~..~...~ of Fort Pierce ~ Rlotide ~ j~~ f Checked By~ ~ ~ ~ ~ ~ ~s s s aooK2~~J ~Ac~1~ ~ s . - - - - - n' . _ . , = I ~ . ~ _ ~ _ . . _..s: