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Home My WebLink About1405 3. io p!ace and continuo~s:~ ?eep on tnr 6u~ ~f~r:gs no,+v or hereaFte~ s~tuate on sa~d !and and on al~ .,,~~>~nent and person,~lly covried by th~i mo~ ege, w:~h all pren~~u~~,s fh~-reon F,a J,n t~,!. f~!C 11?SJfy 'Cl• m ii,_ usu~i sr,r~d,~d po ~cy form, In a s..•,: a~,;:~u.ed by iiir h1JR.v~vLE. J~~d a~:~dsro ~~swan~e In th•~ vs~ai s•and:~~d po.cy form, in a r.,.n iF{?~o.rd by the MORTGAGEE, in s~;h co:npr.~y or com~,an:es ~s ~~~e :~O~TGAGEE m d~rec~; and all fue a:.J ~r~ncl~foiio insur~nce po:~c~~~s on any oi sa~d bu~id~ngs, any interest tharcin or part th~rruf, in the aag~~ ga'e s.:~n afores3~d in excess ?hr~eof, sha11 com..;n the usu.:l srr d,rd morrg,gee c.a~se or such oiher da~se ~i the ASortga~ee mjy ~eyo.re, me?ing rnr ~css unJrr u~d po c~es, each and every, pa..,L~:a to sa~d AIJRiG4~EE as ns ~n~erest n,ay appear, an~f each and e.~ery s~ch p:, ~c~ siwit be prolnpr~y ass g~~rd a~ d de.~:cr~d ~ eny hr;d by sa~d 1.10RfGAG~E as fw~h~•~ s•_coi~Ty to ss~d o.origage d~~bt, and,- not less than ien (10) d3rs i;~ ad:.~~~,e of thr exp~re~~on oi eoch poi~cy, to d. I:vei to sa~d h1QRiGAGiE a ren~•r:~l thareoF, tegethrr with a rece~pt for thr p~r~nlum of wth ~e.nrr.a!; and ti~rre sh„~I be ~TO i.~e or .n~~~~is~o•~n inwranc p!eced on any of sa~d build~ngs. ~ny interesl th~re:n or part th:rroF, un!ess in ~he form a•~d wiih the ~osa pa~.,u!e as aforesa~d; and in the e.eM any sun of money beco~~•es payab~e v~~dar s~ch po:~cy or po!~u~s sa~d MJRTGAGEE shaii have the oHr,on to rec•:~+e .,~~d app:y t~~e same on rc.o~.~t of the ~~~dabt~~d n•~ss sec~red her~b~r or ro pe~~:~~t sa~d MORTGAGORS ~o reca~ve and use it or any part rhe:~•of ic,r e:~~•r F.,;r; ~s-s. :..u...;,:2 ~h:•,~: a_.~.i:3 ^p~~~ ~ng any eq~~ty, I~<n or r~ght cndrr or by virtue of ~his mc:tgage; and in the event sa.d MO~IGAGORS sh3'I :or any raason fa~l to keep ~he sa~d pren~;s~•s so :nsur~d, or fail to d:~ivcr prou.ptly any of said poLues of insuran~e lo sa~d MORTGAGEE, or la,: promptly to pay fu.ty any prc•r::,,,n thcrrfor or in any iespect fa~l to perform, dsct,,;rge, execure, efiect, canptete, conply wiih and ab~de by thit coven~:V, or any part h:reoi, sa~d IdGR1G:aGEE ~~iay p~ace a~d paY fo~ such inwr.,nce or any part thereof w~thaut waiv~ng or affeuing any opnon, t~en, equ~ty, or n~ht undcr or by v~rtue of thfs Mortgage, and thc f~ll amo~nt ol each and e~ery s~ch paymem shall be ~mmed~ately due a~:d payable and sha!I bea~ int~r~~st fiom th~ datr thereof until p.,~d at the rate ol ~~:ne per c~~vu~n per ar.rwm .,~~d to~~~hrr with such int~~res~ shai~ be sacured by the lien of th~s mortgage_ d. To permit, conunit or suffer no wasre, impairment or deterioration of sa~d property o~ any part thereof. 5. io pay a!i and singular rhe costs, charges and expenses, including a~ea:onable attwney's fee and cos~s of absnacts of ti~!e, incuned a pa~d at 3ny time by sa~d MORIGAG~E, beca~se or in the eve~t oi the fa~iure on the part of ~he said MORTGAGOR tc du~y, promptly and futly pe.fonn, d~scharge _.~cvte, effec~, comptere, comply w~th and ab.dr by each and every the s~ipulat~ons, agrce~r~~n~s, cond~t~ons, and covenants of sa~d pro~n~ssory note a~•.d ~h~s vrtgage any or e~rher, and sa d costs, charges and expenses, each and every, shall be immed~atefy due and payau!e; whether o~ ~ot there tx not~ce dr c~~•~,d, auernpt to co.lect or suit pend~ng; and the full arrwuM of each and every such pa~mem shaU bea~ in+cres~ fro~n the date the~eof unril pa~d at the o~ ~~,ne per c.•n!u~n F,~•r ann~:>>; .:n~ aii sa~J costs, charg~s a~ed cx;~~ses irxurred or pa~d, loyethar ~v~th such interes~, shalt be secur~d by the I~en of th~i -nortgage. 6. That (a) in the event of any brrach of this Mortgage or defaul~ on tM part of the MORiG~GOR, or ;b) in the event any oF sa'd sums of money F:~.~~~n ~efe~rrd to tx not pro~nprty and futly paid wirf,~n th.rty (30) days nexi a~te. rhe same se~era'ty beco-ne due and payable, witi:out demand o? not~ce. cr tc) in the event eath and every Ihe stipu~auons, agreements, tond~tions and tovenants of sa.d promisio~{ note a»d th~s mortgage any Or enher are nol i.,:y,.promprly and fuuy ~erforrned, d.scharged, eaecuted, effeaed, compfeted, compi~ed w~ih and ab~ded 5~, then ~n e.~her or any s~ch event tFx sa~d ag~ ja!e sum mentioned in sa~d promi5sory note then re~~~aining unpa~d, with inferest acuued, and a•~ rnoneys secured hereby, st~all becume due and pay- ~c v forrhw~rh, or rhereaher, at ~ha ops~on of s,~d MORTGAGiE, as fuily and comp:eie~y as if alf of ~f~~• s3:d sums oi money ~nere o.;g~nady st~p~.ated be pa.d on svch dcy, anyth~n~ ~n sa d pro:n~ssory note or in this Mortgage ~o tFw con~rary notLV~thsrand.ng; and ~heraupen or thereahr~ at the opt~on of s. d MORTGAGEE, w~thaut no~+ce or demand, suit at law w in equrty, therefore w thereafrer begvn, may be prosecuied as if all maneys secured hereby r_d maturec~ priOf fo ~t3 insti'utiOn. y~ g y pend~ng any su~t upon this Morrgage. or to fo~eclose it, or to reform it, or to enforce 7. That in rhe e~ent that at the be inn~n of or at an time t p,~ment of any ci~in,s he.eund_r, said :AORTGAGEE sha,l apply to the Court havi~~g ~u~~sd_ction ~hervof for the appo~nt~nent of a Receiver, such Co~rt sha~l r~r:h.virh appoint a rece~ver of s>~d mortgay~d property a!! and singu:ar, inc~ud:ng a:l a~~d singufar the ir~co~ne, prof~is, issues ar.d reve~ues from whatever s: _•ce denved. each and e~ery of ~.h:ch, ~r tk~ng express!y undersfood, ~s f.ereby mengaqed as if apec.{ua:;y set forth and described in the g.arnin~ and t. endom c:a~ses hereof, ar.d ~~cF Rrce~ver ahal~ have all the broad ar.d effecr~ve func~ ons arsd po..ers ~n anyvv~se enrrusted 6y a Cou~t ~o a Rea~~er, a~~d s:h appoinsmem shail bc n,ade by such Cou+~ as an ad ~~~~red equity and a mafte~ of abso~~fe r:ghi to sa~d h10RTGAGEE, and w~shout re~cre~xe to the r:i_a.,~cy or inadequacy of ti,z value of the property mortgaged or to ~he sovency or ~mo:~~•ncy oi sa~d MORIGAGOR or the defe,~dants, and rhat such ;~~!s, p~ofits, inco,ne, issues and revenues sha~l i>e appi~ed by such Recaive~ accord~ng to the iien or eq:,~ry of sa~d MORiGAGEE and the pract~ce of wch Court. 8. To du~y, promf~t!y and fully pe~fo.m, discharge, execute, effect, complete, cor.,ply w~~h and abide by each and every the stipulations, agreements, cond~tions and covenants :n sa~d prom~ssory ~o:e and th~s mortgage set fonh. 9. That in the event the ownership of the mortgaged premises, or any part thereof, 6ecomes vested in a person other than the 1110RTGAGOR, the .'C)RiGAGEE, its successors and ass~gns, may, without not~ce to the 1t50RTGAOR, deal with such wccessa or successo+ in :nterest with reference to this o•rgage and rhe d~aut hereby secured in the same manner as w~th h5ortgagor without in any way vit:ating o~ d~scha~gfng the lrlortgagors' Gabifity here- der or upon thz deot hereby sec~red. No sa:e of the Fremises hereby mongaged aed no forbearance on the part of the !hpR1GAGEE or iis wccessws c~ ass~gns and +.o extensEo~ of the r~rT e for the payment of the debt he.eby secured grven by the Y~~RIGAGfE or its successws ot ass:gns, ai»II operate ~o ~e!ease, d~scharge, modify char.ge or affect the orig~nal liab.t~ty of the /YORTGAGOR herein, e~ther in whote or in part. 10. It is s~erffca~fy ag.eed thar rime ~s of the essence of thfs contract and that no waiver of a~y ob!~ganon hereunder or of the ob!igation se- c: red hereby shala a; any time thereafrer be hcid to be a waiver of the terms hereof or of the instrument sr.ured herby. I1. In ;;id t:c~ 'o !he foregc ~3 v.unth'y paym_nts of pri~c paf and intrrest requ:red by the promsscry no'~- sc¢ured hesrbr, mortga3or eovenants ~ d agrees ~o pay ~o ~•:o•tg.~yee ,+~th each rnenrh y pay~. ent an adJ ~+onal sum est n ared br morryagee to t~ eq~ai fo 1 12 of t:i~ annual cosr of the foliow- A-Alf r~a~ property taxas lev~ed of ass>ssed ag3i~st fhe above descriyed r_al esrate. , 6 Fr~~~ v-,s on fire and windstorm msura~,ce as nere~n req~:red to be carried on ~he ~mprovements s~t~ate on t5a above d=scr~bed premises. C-Pre;n,~:-s e~ wch mortg:+ge 9u3ranty icsu~a~.ce as mo•tgagee shall frc~r t~me ro t6nc• deem fit to carry on the loan sec~red hereby. Alorrgagee sha l f.cm ti~:~e to t: •:e r.cr~fy mc~ty::gcr m wr~t;ng of the a~rou~t d.,e and payable hereundtr and such w•r shait thercupon be due and I ..~ble o~ th~ clue care oi ~h> ne¦r -i,oroh.y payment a~id each success~ve ~+onth thereaftcr ~rtil mcrtgagee shall not.fy mo~to,gor of a change in s~th ~~nt. $uch wms s/ +:i be ar~~'i~d by mortgayee tovcard ihe payment of real property taxes, msurance prem,ums, and mortgage guaranty inwrance : •e•~•:iumS. - ~ lN \':IiD~ESS L~H`R~OF, the sa~d MORTGAGCR has hereunto set his hand and seal the day and year first aforesaid. ~ $ t,/ igned, Sealed a. eJiv;.ed in the preser.ce ofc '-t~ r ~ 1 n- _ (Sea}) ~I1lll i T.!=O 10~ A ($fap ~ ~ (Seal) ~ - - - Janet B . 2ho,pson tsean ' ~ ~-~iE oF FLORIOA ss. ~~ur~TY oF _ St . Lucie _ i ~ . € Before me perwnatly appeared ~i1Als LlZOy ThO~sOII - snd ~ _ Janet E. T~]01pfOA his w~fe, to me welt known ind knowA to me to be r~ ~ ind~v~duals describcd in and who executed the fwegoing instruroent, and acknow!edged before me that they Gcecuted the same fw the purposes rhe~-ein expressed. And rhe sa~d_--_ JaAet B. Thoapson _ ; Dennis 1.!!O 2h01~ sOA ~po~ s ~~P~~afe u+d p?;~~te ~ ,~:.`e of ~he sald y p ammar~on by me ta'ten separate and apart from her aaid huaband, acknowtedged to and before me that she execufed said instr~ment frellr and voluo- y-and w~thout arey com;~~'s,en, constra~nt, apprehens;on, or fear of w from her uid husband. ~ WITNESS my hand and offic~al sea! th~s___ l9th _ day of- 1 JunQ _-;7~ C 19 72 ~ ~ - ; Nota.y P~b~~c in and far the Slate f Fbrida at Large ~ My Comm~ss~on ~xP~.~s:.- September 25, 1475 ~ Rerurn To. ~ First Federal Savings 8 loan Associa!.on ~ (i} p • •c-~ - ia _ ~ F~r. F:~,:::, Fi~EO a~;c ~.z~~~OE St luC~t :.Jt~MTr ft~~ ac~_- ~:~~a~4 ~ CIEN'~ i: COUAf ~ . RFC(?~,. ,*r.- ~ ~ This Instrun~ent Prepared By J. H. Roberts Jr. ~ 1 ~e First Federa{ Sav~~gs 8 Loan Association 1~? ~ of Fort Pierce ~ Flozida ~3A J 1 Checked Bv b~ - ~ saflK 2Q3,~ 1405 ~ dz ~ ~ ~ . ; ~ : ; ` ~~`~~~~.~k~ . : y~