The URL can be used to link to this page

Home My WebLink About2842 To pl~q and con~irnwutiiy kep o~ ~M bu~!d~.ys now a I+Had~N wtu~h on ~~d I~nd and on ~It equip~+K~~ and pKwnally cov~r~d by thi~ ma p~. with dl p~miunu tlw~eo~ p~~d ;n !uN, fir~ in:ursnc~ ia rM vtva! ua~d poti~y forn~, !n a wm ~ppowd by 1M MOR~GAGEE. u+d wind~ro ~nswa+c~ in /M vsual ~~~ndard pol~cy Ip~n, in • wm app.ov~d by IM MORTaAGEE, ie wch comp~ny or cpnpa~;ss q the MQRTGAGEE ~n dw~uj a?d ~11 Iw~ ~r~d wi~arm inw?ance polici~~ on aey u( Nid buiidin~„ WIy inflrffl MNfin W{~~f thtrlpl, in tM apprep~?e iwn afa~uid M ~acas the.wf, ~hal! com~in eM vswl s~~ndud mor~9ag~ clavk a wch otlw~ claus~ as 1M IYlo.roape~ may rpuw~. mskinp tM Ioa u~d~+ sa~d po chs, ~ach a~d ~vNy. paYabb ro aid MORTGAGEE a in in~aes~ may app~ac. and Nch and ~vNy ~ucA policy shalt b~ promptly ~u 9ned w+d d~livaed ~ a~y Mid by s~~d AAORiGAGEE ~s (vnha ~ecu.ity ro uid mwtpay~ d~W, ~nd„ iwt I~is th~n tt~ (10) days i++ ~dv~nc~ of th~ sxpiralion of fKh.ppliCy, ro d~ ~twr b said MORTGAGEE a r~wal tl?Nwf, lop~d~ wi~h a r~ipl iw tM pr~.niwn of wch r~+ewal; and tl»~~ shall b~ no f~re w winds~am inwcanc pl~pd on u+y of said buiWNqs. ~Ay iMNMI thHtio w p~rt tM~w/, uni~u ie tM fam a~d w~~h tM lou payabl~ u+Ia~saidr and {n ~ht ~wM any iu~ of moMy becpn~s p~yabl~ ~„d~r wch pol;cy p po~Kies said MORTGAGEE ~MII Mw ~M optan ~o ~KQiW ~nd ~pply tM sam~ on ~ccoun~ of M~ ind~b~ed nass securtd hNeby w a ptrmit said MpRTGAGORS ro rKeiw and uM it w a~y put rhereof fw o:her purposes, withour ~hareo~ wai~i~y or ~mpair iny any puity, lien or rght v~der or by virtw of this mo: spapa; and ln tM sv~nt wid 1NORTGAGORS ihall for sny reason fai) to keep the said p~emise~ w insured. w fai) to d~livet promptly any of ~sid policies of inswanc~ to s+id N10RTG/1GEE, or fai) promptly to pay fully any pr~mium therefw p in any re~pect fail w p~?forn~, d~uFwrge, ~xecute, effect, compt~te, comply with ~nd abid~ by this covenant, or any pan h~rwf, said fAURTGAGEE may pl~ce an8 fa ~~ch inswar~ a ~ny part slxraof wi~hout w~ivinp or affactirg any option, li~n, puity. o~ ~iyM unde~ a by virtw of this Mort~ap~, and the full amounl oi sach ~nd wKy such payment shall be imrnediately dw snd payabl~ u?d sMll besr ie?tKes~ from ~he dat~ thereof ~nril paid at th~ ~at~ ol nine pe~ centwn pe~ arwwm and to~ethei wifh svch tnterest ih~ll be iecwed by tM litn of this mort~s~e. 1. To psrmit conwnit a ~uffer no wsste, impaument p deterior~tion of said properfy p ~ny put thereof. S. To pay dl ud siegulu tlK costs, charpes ~~d expenses, ~ncludirg ~ reasonabk ~ttaney'i fee u~d costs of abstncts of title, i++curred w pa~d at any time by said MOkTGAGfE, because or i~ fhe event of ~he failure on the part of t1+. said MORTGAGOR ro duty, prompely ~nd tuily pe~fam, d~xhug~t execute, elfed, complete, comply with and abtde by sach ~nd every tF+e itipulations, agreements. cw+ditio~a, and oovenants of said pramiuory note and this mortgaye any or eifF~. ~nd ssid cosy, charges and expenses. cach and ~very, sl+~ll be immediately due and payable: whethe~ or not there be notice dr ~ mand, attempt to tollecf w suN pending; ~nd ~he full amount of each aAd every svch paymeM sh~ll bear imerest from Ihe date thereof ~?ntil p~id at the ; rate of nirte per cMtum per annum; and all said msts, charges and expenxs incur~ed or p~id, together with such interest, sh~ll be ataired by tha lien of this ~ '^ort9aye• 6. That (a) in the event of sny breach of this Mortgage w defavlt on the part of ths MOATGAGOR, or (b) in tl~e event ~ny of sa~d sums of money herein referred to be not promptly and f~lly p~id within thiry (30) dayt nexl after 1he'sart?e severally become due and payabte, without demand pr notioe, or in the event each +nd every the stipUlaYwns, syreements, conditia~s and cover?~nts oi said promissory nofe aod th;s mwtpa9e any a either are not iuly, promptly and fully performnd, disctwrged, executed, effected, compkted, complied wi~h ~nd sb~dad by, then in e~ther w any such evem tM sa~d ag gregate wm mentioned in said promissory note then remaining unpaid, w;th interest ~cuued, and a11 moneys secvred hereby, shall become dw and pay~ abfe fwthwifh, w thereafter, at the option of said MORTGAGfE, as fvlly and comple~ely as if all of tF+e said sums of money wrore originally stipulated to be paid on such day, anything in sa~d promiuory note o~ i~ this Mwtyage to the contrary notwithstanding; and thereupon p thereafter at the option of said MORTGAGEE, without notice or demand, suit at law or in equ;ty, therefwe or thereaffer begun, may be prosecuted u if all moneys setvied he~eby • had mstwed pripr to its institution. 7. Thst in the event that at the beginning of or at any time pending any suit upw~ this Matgsge, or to foreclose it, w to reform it, w to enforce payment of any daims hereunder, said MOR1t3AGEE shall apply to ttx Court having jurisd"+ction fhereof tw the appoinfinent of e Recriver, such Covrt shall faithwith appoint a receiva of said mortgaged prqxrty all and singulu, includ~ng all and singular the income, profita, issues ~nd revenues from whatever source derived, eath and every of whic~, it beirg expreuly understood, is hereby mortgaged as if speti~ically set forth ~nd described in the granting and habendum dsuxs hereof, and suth Recciver shall have aU the broad and effective fvnd;ons and powers In anywise entrusted by a Court to a Receiver, and :uch a~~tmeM shall be made by such Gourt as an admitted equity snd a matter of absolute rigAt. to taid• MORTGAGEE, and without reference to the edequacy w inadequacy of the value of the propcrty mortgaged or to the solvency or insolvency of said'MORTGAGOR oi thd deferxlants, and that svch renu, prof;n, ~ncorne, ~uues snd revenues shall be applied by such Receiver according to the lien or equity of wid MORiGAGEE s+id tfie practice of such CouR. 8. To duty, promptly and fully perfwm, discharge, execvte, effect, complete, comply with and abide by each and every tlx stipulations, agreements, conditions and covenants in said promissory note arxl th;s mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any parf thereof, becomes vested in s perwn othe~ thsn ihe MORTGAGOR, the MORTGAGEE, iri succeuws and assigns, may, without no~;ce to the MORTGAOR, deal with such successw w successor i~ interest with rcicrence fo this mortgage and the debt hereby secured in the same msnner as wi~h Mwtgsgor witFqut in any way vitiating o~ dixharging the Mwtgagors' liability herr under or vpon the debt hereby secured. No sale of the premises hereby mortgaged and no fwbearance on the part of the MORTGAGEE w iri successon or assigns and no extension of ti~e time fw fhe payment of the debt hcreby secured given b~ the AAORTGAGEE or its successors or auigru, sha!! ope~ate ro release, dixhsrge, modify change or affect the original liability of the MORiGAGOR hereio, eithe~ in whole a in part. 10. It is specifically agreed that time is of the ess~nce of this contratt and that r?o wsiver of any obligation hereunder or of the obligation se- cured hereby shalt at any time thereaher be held to be a waiver of the terms hereof w of the instrument secured herby. 11. In add~fion to the fwego:ng monthiy paymanfs of princ'pal and inrerest req~ired by the promissory nore setured hereby, mwtgagor covenanfs and agrees to pay to mo~tgagee with each monthly payrnent an addirional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing; A-All real property taxes kvied w assessed against the above described real estate. B-Premiums on Fire and windstorm insurartte as heiein requ;red to be tarried on the improvements situate on the above desuibed premi;es. C-Premiums on such mortgage guaranty insurance as mortgagee shall from teme to time deem fit to carry on the loan secured hereby, Mortgagee sMail from tlme to time nolify mortgagor in writing of the amoum due and payable hereuoder and such sum shall thereupon be due and Fayable on the due date of the next monthly payment and each successive rt+onth thereafter urtil mortgagee sFwll notify mprtgagor of ~ chanye in such amounL S~ch sums sF.all be applied by mortgagee toward the paymmt of real property taxes, insurance prem;ums, and morigage guaranty insurance premiums. ----i WtTNE55 WHEREOF, the said M TGAGOR hereunto ut his Iwnd and seal the day ye first esaid, ~ ed,, Seakd and in t e resence of: ~ ~ hn L T n u h ov ~ Bet t v Thornburah STATE OF FLORIDA ~ St. Lucie ~ couNn oF ~ eefore me pe?sonaqy appes?ed JOhtl L. Thornburgh a~ Betty Thornburgh his wife, to me we11 known and known to me to b~ rhe individuals described in snd who executed the foregoiny instrument,. and acknowledged befwe me that they executed the ssme for tf» purposes ~ therein e:pressed. And the s~~_ Betty Thornburgh ,r - wife of the said .1011II l.. • ~~i - =~~'R~~ Thornburah ' ~ - " ~ examinatr~n by me taken separate snd apart from her said Fwibancl, ~dcrwwledg~d to snd before me that she executed s~id '1~N}~ ~rMly ' .roluir tarily and withouf any tompulsioe, tonstraint, appre ~~~N,. feu of q from her said husbend. ~i,,, . WITNESS my hand and official ual thi: d~y of ~ •"r~ ' . r " ` -7 . Not~ry Public i~ and fw ate'o~IFjpr~ ~ t~rRt - My iuan expi~es: . ~ . • l.:. . Return To: first feder~l Savinps 6 loan Associatan NOTARY ~'t! ..~,TE UF ~IOF~iDp A'~ ••`•~j • Of For~ Plerce. MY C: : ..=S ~ i~:? 2. 1 ~tHi~~•~~~~• Fort Pierce. Flwida ~EIdERAL INSURAN6f Ut~DER1':RITERS, IN~:. ' ~ AMO R.EC ~ J/ . This Instrument P~epared By John k. Collins ~~E F~f 3~~ First Federal Savings & Loan Association q,ER~ C~~t : of Fort Pierce ~ Florida ~~'~~8 : ? s Checked By ~ ~ 3 ~ ~ ~ . ; ~ 2~861~ ~ ~o$~~ l . ~ ~ F - - - - . ~ t~~:.: ~ ~ ~ ~ .~~-,~~~~„-~~~.~~3~, . . I ~