The URL can be used to link to this page

Home My WebLink About0749 " r J 3. To plece and cont~nuausly kecp o~ the bu~:din~~ now o~ hereifier e~iuate on se~d i~nd and on all equ~p~nrnt ~nd perso~s~~y covered by this mu~g~ sgs, with all premiumf ~herco~ pa~d in futl, 1ve insurance the ui~al stendard po~icy io~m, in ~ svm a~.p~orrd by the MORiGAGEE, end windi~orm insursncs ln the u~ual srandard pol~cy fo~m, in e sum approved by the MORiGAGEE, in iuch canpany o~ compan~es sa ths htORTGAGEE may direch ~nd all fi~e and wlndstorm insurance poGcies on any of said build~ngs, +ny inrorest ~herein or parl thereof, in tM ag3rcpate wm ~fptW~d w in satess Ihereof, sfiall contain the usual atanda~d mortgagee tlau~e w such othe~ tljuu as Ihe Mo~~g+gee may requ~rs, malirq Ihe loss undr~ se~d po~1- ties, each and every, payab'e to saed MORiGAGEE as ~~s intereat may appea?, arxl each and every su<h po~icy shall be promptlY +sa gned and del~vrrrd ~o s~y held by u~d MORTGAGEE ~s furiher security ~o said mwtgage debt, and, not less ~ha~ ~en (10) days in advance of ~he expirst~on of each pol~ty, to d~- liver Io uid MORTGAGEE a renewal Ihe~eol, toge~he~ w~~h a rece~Nt for ~he p~em~um oi such ienewal; and ~he~e stwll be no f~re or w~~ds~o~m inwrance pl~ted on any of taid bvild~~gs, sny interest therein w part ?hereof, u~!ess in the form ~nd wi~h the loss payable as aforesaid; and in the sveM any sum of money becomes payable under such policy w pol~cies ~aid MORTGAGEE shall have ?he op~~on to rece~ve ar~d appty tAe san,e on accounf of ~he indebted- nefs setured hereby ot to pcrmit said MORTGAGORS ro rece+ve and use it or any pa~t thrreof for oti~rr pu~FOSrs, ~v~iho~t ~h~r~b/ war•n~g u n~~pav- ing any equ~ty, I~en or righ~ ur+der a by virwe of ~his mor'gage; and in the event sa~d MORTGAGORS shall (or any ~easw~ fail to keep the said premisz~ so inwred, or fail to delivei prompNy any of said pol~cies of insurance to sa~d MORTGAGEE, o~ fa~l p~omptly to pay fu:ly any premium theretw w in a~y respect fail to ps~tum, d~scharge, execute, ef(ect, complete, comply with a~d abide by thii covenant, or any part hereof, s+~d MORiGAGEE may place a~~d psy fo? such insurance or any part thereof without waiving w+ffectin9 any option, lien, equity, or right unde~ w by vi+tue oi this Mwtgage, and tF~t ~ _J~_'_~'_ J"_ ~_J _ ._41~ ~_J .?.U : o.. ~F....n( ~u.~:t na:d a~ ~lu ra~s o1 . ~u.w.~~i Ji co~i. s d:~ :w:. p..~..~...:: : . ...~e . . . _ . nine pe~ <entum pe~ annum and togethrr witA such interes~ shall be secured by the lien of lhis mortgage. 4. To permit, commit Q[ ~uf(er no waste, {mpairment p deterioration of said property w any part thereof. S. TQ FaY a~l__pnd_ti~yv~a~ 1he s4e14. tharg~~ artd ~xpenses, induding_a reasonable atta~ey's_fee and costs of abs~rads of titte, incurred o~ pa~d a+ any time by sa~d MOR~GAG:E, becavse w in the e~em of the failure on ~he par~ of the said MORTGAGOR to duly, p~o:nptly ar+d fu11y perform, d~scharge, execute, ef(ec1, complete, comply w~th and ab:de by each and every the stipulat~ons, a9reements, conditio~s, and tovenanb of said p~omisfory note and this mortgage any or ei~her, and sa~d costs, cMrges and expenses, each and every, shsll be immed~ately due and payable; whethe~ a no~ there be notice da mand, attempt to collett w suit pend~ng; and the full amount of each and every such paymeN shall bear interest from Ihe date thercof until paid at the iare of nine per centum µer an~~um; and all said co:ts, thargea and expenses inturred w paid, together w~th suth interest, shall be secured by the lian of this mortgage. 6_ That (a) in the event of a~y breach of this Matgage or defaull on the pa?t of the MORTGAGOR, o~ (b) in the event any of iaid sums of mo+roy herein ?eferred to be not promptly and fully paid within thirty (30) days next after Ihe same aeverally becwne due ar.d payable, without demand or notite, o. (c) in the event each and every fhe stipu~afions, agreements, conditions and covenanta o! sa:d promissory note ar,d th~s mortgage any or either are not ~uly, promp~ly and (ully per(ormed, d~scF~.+rged, executed, effected, twnpleted, complied w~th and abided Sy, then in e~ther w any suth event the sa~d ag- gregste sum men?ioned in said promissory note then remaining unpaid, with interest accrued, and atl moneys secured hcreby, shall become dve and pay- able forthwith, or thcreafter, at the option of said MORiGAGEE, as fully ard completely as if all of the said sums of money were aginally st~pulated to be pald on svch day, anything in sa+d p~omissory noro w in this Mortgage to the conrrary notwi~hs~anding; and ~hereupon or thereaiter at the op~~on o1 said MORTGAGEE, withovt not~ce or demand, suit at taw or in equity, therefore or thereaiter begun, may be prosecuted as if all moneys secured hereby had maturcd pr~or to ds institut~o~. 7. Thst in the eve~t that a1 the beginning of or at any time pending any su+t upon this Mortgage, w to fweclou it, or to refam it, o~ to enforce paYment.o4 any-daims hereunder.-uid MIOAiGAGEE shall-app1Y to tha.Co.ut-having jurisd~uw~ theceo! for the appo~ntment of ~ Receiver. such Court shall - forthwith appoint a receiver of said mortgaged properly all and si~gular, inclvd~~g all and :~nqu~ar the income, proi~ts, issues and revenues fran whatever so~rce derived, each and evcry of which, it being expressly understood, is hereby mortgaged as if spec~ficalty set forth and dexribed in the g~ant:og and habendum clauses hereof, and such Receiver shall have all the broad and effecrive iunct,ons and powers in anywise entrusted by a Cou~t to a Receiver, ar.d fuch appointment shalt be made by such Court as an admitted eqvity and a matter of absol~te riyht to sa~d ti10RTGAGEE, and without reference to the adequaty w inadequacy of the value of the property mortgaged or to the sotvency or in:olvency of sa~d MORIGAGOR or the defendants, and that such rents, profits, income, iuues arxi revenues shall be applied by such Recriver accord~ng to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by tach and every the stipulations, agreements, conditions and covenants in sa~d prcmissory note and ehis mortgage set (wth. 9. That in the event the ownership of the mortgaged premises, w any part thereof, 6ecomes vested in a perwn other than the MORTGAGOR, the MORTGAGEE, its successors and assigns, may, without no~ice to the MORTGAOR, deal with such successw w successa i~ interest with refere~ce to this mortgage and the debt hereby secured i~ the same manner as with Mortgagor without i~ any way vitiating or d~xharg~ng the fAortgagors' liability hera- under or upon the debt hereby secured. No sale of the Fremises hereby mo~tgaged and no forbearance on fhe part of the ~aORTGAGEE or its successors or assigns a~d no extension of the time iw the payment of the debt hereby secu~ed given by the MORiGAGEE or its successws u assigns, s~~all operate to releaae, d,scharge, mod~fy change or affect fhe originaf liab;lity of the MORTGAGOR herein, either in whole a in part. 10. It is spec~~ically ag.eed that time is of the esse~ce of this contract and that no waiver of any obligation hereunder or ot the obligaYwn sr cured hereby shall at any time thereafter be hetd to be a waiver of 1he terms hereof or of the instrument secured herby. 11. In add~tio~ to the fwego ng monthly payments of prinCFal and interest requ~red by the prom:ssory note sec~red hereby, mortgagor covenants and agrees to pay ro mortgagee v~~th each momMy payrneM an add~iional sum est~n:ared by mortgagee to be eq~al to•1;'12 oi the an~~uat cost oF the fol(ow- ;n~. ' A-All real property taxes lev~ed or assessed aga~nst thc above described real estate. B-P~.m~ums on fire and windsrorm insurar.ce as he~e~n req~~red to be carried on the improvements situate on the above destribed premises. C-Premiums on such mortgage guaraNy ir.~urar:ce as mortgagee shatl from t;me ro time deem fit to tarry on the loan setured hereby. Mortgagee shall from time to time notify mortgagor in writ~ng of the amo~nt d:~e and payablt hereunder and such sum shall tFiereupon be due and ; ayable on the due date oF the next month!y payment and each successive month thereafter ur.til mortgagee sha!I notify mortgagor of a thange in such ~ a-•~ount. Such sums sFall be apptied by mortgag~e toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty ' insurance f premiums. ~ IN Y~ITNE55 WHEREOF, the said RM1ORTGAGOR has Fereunto set his hand and seal the day and year first afwesaid. Signed, Sealed and delivered in the p?esence of: • t ~ ' ~ ary ~ ~ elvin Re ce err ~~,p ~ 1 (Sea4 ~ ie w. eerr n ~ ~ S~ATE OF fIORIDA ~ St • T+UC 1@ ~ ~ COUNTY OF 1 ~ Before me perw~ally appeared Melvin Reece Berryman a~ .It1118 W. Berryman his wife, to me well known and known to me to be ~ rhe individuals destribed {t?yant! who executed the fwegoing instrument, and ackraw~edged before me that they executed the same for the purposes _ . _ Julie-W, Berryman ~ therein expressed. Md thtsi~ y - ~ Melvin Reece Berryaan ~ wffe of tlx said`; ~ -?~[g~ upon a xparate and private ~ examination b~~ln~e 181cen~sepa(ate ~ijd ~iaSt from her said husba~d, acknowledged to and before me that she executed said instrumeM freely and volun- rarily and w:th~T•'an~'~~1~Jhi9rL~~o'63'fi~ty, appreF~enJs~~ or fear of w from her said F~usband. ~ WITNE~-'rn5r haa~el~r(Q offitiaf;led) f?lia.. yY^ day of A. D. 191j ~ : t ~ ~ _ : • ~ _ ~ - ~ S ~~d; G~~' ' Notary Publit in and for the a of fbrida at large F. : ~1~&~~~ . ?v ` My Commission expires: Fint ' qf ~ -J~s4lt ` , ry federj4~ ~avh~ 6- ~'ation , ' .(Tf fqM. P~,~~e. ~ Fort PiNrtie.,F~p/ida~ N~~ry ~~4 sf~ d~~ ;.:1 Mr G~aauta+ e:a... o~+. 30, iv7s ~ti ~ bonded br Am~ricon fir~ L Ca~wlh~ ~ ~ ~ This Instrument Prepared By J. H. Roberts ~ Jt . fILEO ~ND aECQRDlq a:-~ First Federal Savings 8~ Loan Association ST. LUCIE COUNiY fl~. of Fort Pierce ~ Florida aOGEa POITRAS ~ CIERK CIRCUIT COURt ~ RECORO VERIFIED ~ Checked By ~ o a S~ 5 10 ~o AM'73 ~t ~~~~218 PACr 748 2628'7'7 ~ _ . , ~ ~ ~ - - - - - - - ~ ~ti ~ _ey,,,_._~_s_ _ . . _ ~