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Home My WebLink About0745 To pl~ and contirww~~ly kKp on ~M bu~!d~npf now or her~ahN utwt~ on uid land aad on dl equiprnMt ~nd pKtorylly cov~.ed by thi~ ma p~. w~th 1!1 pr~mi„rru ~F,e.ecn pi;d fu14 fi.e inawaou in ~h~ ~swt ua~dwd policy form, in a~wn ap~owd by tM MORiGAGEE. ~nd w~nd~ro ~~sw~ t~ ~M uwat srandard pol~cy fam, i~+ a ~wn ~pprov~d by N+~ MORTGAGEE, in wcli company o~ compan~M a th~ MOrtiGAGEE m du~d~ ~nd aU tk~ and w~wrm insvwnp potic~ oe ~ny of uid bvild~+~p~, w+y tntenst th~r~in or par~ ther~oi, M t1w aqyrs9~t~ wm afo«said In ~xteu Il+e~eof. ~hall contain tlw vswi ~~aniiuu maiyapN eiww u+ ~ua~ ~~i z~w-s~ ss crw::~c~:~ ::ai :e-~:=:-a: !^:a ~~r+ ta~l f+e c~e~. each and ~vKy. parabt~ a~aid MORTGAGEE as it! inlHHl miY ~pp~M. and each and ~va.y urch pol~cy ~MII b~ promptry aas.Qnsd ~nd del;verad ~ any l~eld by s~id MORTGAGEE u further security to ~id mw~ya~ dtb1, ~nd, ~w1 lea 1FMn qn (10) days in advanc~ 01 1M exp'aatwe~ of each policy, ro d~ I~vN ro said MORTGAGEE a.enew~l ~her~of, ~ope~hp wi?h ~ raqipt for tM pr~miwn oi wth renewalj and ~he~~ ~F,all b~ no f~r~ w wi~ds~am inwr~nc plac~d on ~ny ot said buildioys, ony inttrtst thertin or paat thereoF, unbss In ?M fwm and wifb 1h~ lou payabt~ as afw~s~id: ~nd in tM event any ivn o! maKy blcanes payable ~ndsr such policy or policiss ~aid MORTGAGEE shall Mw tM option to receive and apply the same on accounl of tM indebted ~ess secwed he~sby o~ ro permit ssid MQRTGAGORS ~o ~eteive u~d us~ it or any pu~ rhereo/ fw othcr purposes, w~rhout ~h~.eo~ waiwi~~g w~~npa~r iny ~nY equ~ty, lien a rght unde~ or by v'vtw of thq mort9ape; u~d in tM ~vs+~t ~a~d MORTGAGORS shall iw~~ny reason fail 1o keep the said premisat so ~nsu?ed, a(ail lo deliver promptly ~ny of said policies of ie~sw~nt~ to said MORTGAGEE. a fail promptfy to pay fully ~ny premium tlx~etor w in any roipfct fait b partorn~, disckarge. execute, ~ffecf, compkts, comply witl? and ~bide by ihis cove~aM, w any psrt l,t~eof, s~id lMORTGAGEE m~y place and paY fw wch i~suranc~ w u~r parl thercof without waivinp ot ~ffMinp ~ny optiori, lien. puity. w riph~ ~nde~ a by virtw of this Mortgaye, and the fu11 amount of e~ch and ev~ry such paymem shaU be imrnaiiately dw ~nd payabb snd sha~! bea~ i~tare~t from ths date the?eof until pa;d at th~ rat~ of nine per centum pe? anrwm aod togethe~ with such iroerest shall be secured by th~ IiM ot this mwt9~ge. 4. To permit, cwnmit or suffer no w~sle. impairment o~ deterioration of s~id prope~ry a any part thereof. 5. To psy ~II and wg~lu the cosb, cha?pes u~d eape~+ses, includinp a re+sorwbk +t~o~ney's fee and costs oi abstracts of title, Incurred w psid a~ any t~me Oy sa~d Mivk~v~vi'e. oec+use or in the eve+~i v: it+a !~:l:ua ;.:.Y t; i`.: :~i+ unnt~er.no _LJY. F•i"^PHy and fullv ~riorm. dischu0~ execute. effect, complete, comply with and ab:de by esch and every the stipulatiana, sgreeme~ts, conditi«u. and covenants oi sa~d promissory note and this mwrgaqe any or tither, snd said cosh, ch~rges and expenses, each and every, slwll be i~rrnediateiy due snd payable: wherl+er or not thera be notice dr mand, attempt ro coJlect pr wh pendingj ~nd the full x~aunt of +ach and every wch payment shall bear int~rest from the date thereof uMil p~id at the rate oi nine per centum per aru~um; and all said costs, charges and expenses incwred or paid, togNher w~th suth iMerest, sF?all be secured by the lien of this mortgaye. • . - 6. That (s) in the event oi any b~each of tha Nbrtysye a defau~t on the put of the MORTGAGOR, a(b) in the event any of ssid svms of mw~ey he~ein referred to be no1 prompliy and fully paid within thirty days next after the aame severatly become due and payable, without derr~nd or notice, or (c~ in the event each and every the stiputations, sgreertienh, conditions and covenann of ta~d promissoay no~e and this mortpaye any a either are not iuly, promPtlY and fully perfwmed. d~scl+u~ed. executed. effected, compkted, complied with ~nd abided 5y, then in either or ~ny such evenl the ssid ag~ gregate wm mentioned in said prom'~ssory nete then rema~ning unpaid, with interest accrued, and atl moneys secured hereby, shatl becaoe due and pay~ abie forthwith, a fhereafter, at the option of said MORTGAGEE, u fulty and completely u if all of the said wms of nwney were piginally stipulated to be paid on such day, anything in sa;d promissory note or in this Mortgage to the contruy notwithstanding; and thcreupon or thereafte~ at the op~ion of sa~d MORTGAGEE, without notice or demand, suit at law or in squity, tFlt1'tFO~Q Of iMNN~lN begun, msy be prosecu?ed as if all moneys secured hereby had mat~rtd prwr to its institotion. - 7. That in the event that at the beginning of or at any time pend;ng any wit upon this Mortgagc, or to fweclose it, or to mform it, or to enfo~ce payment of ~ny claims herevnder, said MpRTGAGEE shsti apply to the Court having jurisdicrion thereof fa the appointment of a Receiver, s~ch Coun shall fcrthwith appoint s receiver of said mortgaged prpperty alt and singular, inciudmg atl and sinpular the incane, profits, isiues and revenues from whafever seurce derived, each and every of which, it being expressly understood. is her~by mptgaged as if ~pecificatly set forth ~nd de~cribed in tMe yrantiny end habendum clavses hereof, and such Receiver shall 1?~ve all the brwd ~nd effective funct~«n and powers in anywise entrusted by a Courf to ~ Reteiver, a~d such appointment shall be made by such Court as an admined equity and a matter of absoiute rigfii io sai3 1K7~YGiaviE, s~+d wii~i rEt~rer.ce ia SS~ adequxy w insdequacy of the value of the properry mortgaqed or ro the sotve~cy or ;nsolvency of said MORiGAGOR or !Ix defendants, and that such ~ renis, prof;n, incane, issues and revenues shall be applied by such Receiver accwdinp to the tien or equity of said MORTGAGEE and the p~aci~ce of such Court. 8. To duly, promptly and fu0y perform, dixharge, execute, effect, compkte, compty with and abide by esch and every the stipulatiuq, agreements, conditaro and covenants in sa~d promissory note a~d this mortgage set fath. 9. Th~t in the event the owncnhip of the mortgaged premises, or any part thereof, becomes vested in a person other tMn the JMORTGAGOR, the MORTGAGEE, i» successon and auigns, may, wirhouf ~otice to the MORTGAOR, dcal with such sutceuor p sutceuw in interest with reference to this mortgage and tF~e de6t hereby secured in the same manner as with Mwtgagp without in any way vitiating a discharging the Mortgagors' liability here- under w upon the debt hereby secured. No sale of the premises hereby mortgaged ~nd no forbearaoce on the pan of the MORTGAGEE or in successors or assigns and no exrension oF the ti~.~e for the payment of the debf hereby secured given by the MORTGAGEE or its successors w assigns, ,hal~ opuate ro release, d~stharge, nwdify chsrge a affect the originsl (iabitity of the MORTGAGOR herein, either in wholt or in part. 10. It is spedfically agreed that time is of the essence of this contract and that no waiver of any obl'gation hereunder or of the obligation sr cured hereby sfwlt at any time thereafter be held to be a waiver of the terms htreof or of the instrumeni secured herby. 11. In add~tion ro the forego'ng monthly paymenrs of princ'pal and i~terest required by the promiswry note secured hereby, mortgagor covenants and agreea to pay to mo:tgagee with each monthly payrnent an addirional sum estimated by mwtgagee to be equal to 1/12 of the annual cost of the follow- ing: . A-Atf rea( property taxes fevied or assessed against the above described real estate. B-Piemiums on fire and windstorm insurance as hereio requ:red 1o be carried on tFK improvements sitwte on the above desaibed premiyes, C-P?emivms on such mortgage guaranty insurar~ce as mortgsgee shall from time to time deem fit to carry on the loan secured hereby. Mortgagee sfiall from time to time nosify mortgagor in writing of the amourit due and paysble hereu~der and such wrn sha(1 thereupon be due and Fayable on the due date of the next monthly payment and exh wccessive month thereafter ~r.til mortgagee sha11 notify mwtgagor of a change in such amount. Such sums shall be applied by mortgageo toward the payment of real property taxes, irnurance prem:ums, and mwtgage guaranry insunnce premiums. 1!N W17NFSS WHEREOF, tiK said MORTGAGOR has hereuMO ut his hand and sea~ the day and year fint atoresaid. / ~ Vy~ `.1~ a~.1 .LI rl tl~ .v.aunrw nfe ( ~ / - r l~ ~ LLS/~J Il~ah Warr~E. o~ n vo ie . ~ ompson ~`''n SSATE OF FLORIDA ~ $t . Lt1C1@ ~ COUNIY OF 8efore me penwwlly appeared WarZ~11 E. Thompson and DOl il@ M• T onpson lus vvife, to me well known and known to me to be rhe individvals described in and who executed the foregoirg irutrumeot~ and sckn~y(edged before me that they executed thi: aame for the pwpoaes therein expressed. And the sa" ~Ol l le • Tlloapson ,•,r~ : . = - _ w~re of fne ~~d Warren E. oa~pson , . ~ upoi~, ,~s .~d priv,» examination by me taken separate and apart from her sa;d husband, adcnovvledg~d to ~nd befwe me that shs exeqle~ ` jd• tarily and without any compu{sion, constraint, appreFiernion, feu of or from her said husband. ern _ 1. . ; • ~ WITNE55 my hand and officiat sesl thi: le ~Il _ ~Y ~ A Z'1~ pi'1 r ~ ~%j~ pQ' 19 72 . ' • • i ~ • t ~ Nofary Public in and f~o fh~•Sf~f f~prjt~ My Commiuion t:pirel~ `a~' • ~ .1' ~ ~ ~ ~ ~ Retum Tw ~ , ~ ~ first Federal Saviogs 6 loao Association •~~~~M~~~~~$ SEPT. 25. 1975 Of Fort P~erce. ~ ~ (IqYli~O~ C0. Fort pierce, Florida " ~~ie~ ~o ~ttr~ ~ y John w. Coiiins ~atTR~s ~ This Instrument Pre red B ~IEAK CT:CIIfT COif~T First Federal Savings 8 Loan Association RfCCR01lERIFIEO~ . of Fort Pierce ~ Florid3 ~ ~O ~ ~q~ 1 ~ Checked By rl.h ~ ~'7196 o r ~ ~ 7~ ~ , - - ,f ~ _ : _ . - - _ - ,.~;s-~ ~ : ~ •