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Home My WebLink About2467 To place and continuously keep on ihe bu~'~~~~3s now o~ heroafter ~~tuate on sa~d land and on al, equ~p~nenf and pe~~o~a~ly covered by ~his matg- egs, wi~h all prtm~ums tAereon pa,d in (~II, I~~r iniu~enca m the uwai s~end~~d poi~cy form, in a sum approYed by ~he MORIGAGEE, and windetonn insurante in tM usuel ~undard poLCy lorm, in a wm appro+rd by the MCJRTGAGEE, in fuch canpany o~ compan~es as the A~ORiGAGEE may d~red; and all (ire and w~nJstorm insuronce pol~c~es on any of said build~ngs. •ny intere~~ the~ein or parl thereof. in the aggrrga~e tvm a4oresa~d a in exceu Ihereoi, shall conrain ~ha us~~l standard mortgagee c~aute or wch o~hm dause as the Mortgagee may roqwre. meAing the bss ~~~dr~ s.+~J poli- c~es, each snd e~e~y, payab~e to sa~d MORIGAGEE as ib in?rrast may appea?, anc! each and every such poticy ~hat~ be prompUy ass gnfd a~~d de~~YC~ed ~o any hefd by said MORiGAGEE as ~urthei security ~o said mortgage debt, and, not les~ ~han ten (10) days in adoance of the expirat~on ol each po6cy, to de- liver to ~aid MORTGAGEE r re~iewal thereo(, logerher wnh a rece~pt for the pre~nium of such renewa~; and ~here thall be no fae or .vinusto~m ir.turance plated on any of said build~ngs, any imerest Ihere+n or pail thereol, un!ess in the fo~m and w~th Ihe losa payebl~ as afo~esaid; and in the event any sum of money becomes payable under such pol~cy or pot~ues sa~d MORTGAGEE sh~ll have ~he opt~on to roceive and appty 1he sa~ne on account o( the indabted- ness secured hereby or to permi~ sa~d MORTGAGORS Io receive and uie it a any pa~t tl~e~cul 1or oin~r ;,ur;~osrs. .v:thu~t ih,rw~ ~~~+~•~3 0~ ~~~~p.+~+- ~ng a~y eqo~ty, lien or r~ght under or by vi~tue ~f th~s mo:tgage; snd in the evero sa:d MORTGAGORS shaq fw any reason fail to keep ~hc said fuem~s:s so insured, a Fail to deliver promptly any of sa~d poGcies of insurance to ~aid MORiGAGEE, or taii promptly to pay f~1ty any prenti.,m ~he~efor w in a~y respect lail to perfwm, d~icharge, execute, e~fe:t, comp~eta, comply wi~h and ab~de by this covenanl, w any pe~t hareof, sa~d MORiGAGEE may place a~~o pay fa such inw.ance or any par~ thereof wuhout wai~~ng w afiecting any opt~on, lien, equ~ty, or righ~ under w by vir~~e of ~his Mortgage, and ihc full amount of each and every such paymem shali be immediate~y d~e and payabls and ihall bear interest From the date thereof u~uil pa~d at the ra~e oi n~ne per ceroum per annum and to~zther wi~h such iroerest shati be secwed by the lien of th;s mortgage. 1. To permi?, commit ot sufier no waste, impaitment or deterioration of said property w any part thereof. 5. To pay a~l and singu~ar the costs, chargea and eapenses, including a reasonable attorney's fee an~ coats nt. abst~acls oi ti1!e, incurred or paid at eny time by sa~d MORTGAG:E, because or in the event of the iailure on the par~ ot the said MORTGAGOR ~o duly, promptly and fvlly pe~form, d~xha~ge. execute, etiect, complete, comply w~t6 and ab:de by each and e~ery the aiipulat~ons, agreemems, cond~t~ons, and co~enanrs of sa~d prom~ssory note and th~s mortgage any w e~the~, and sa~d costs, charges and expenses, each and eve~y, shall be immed~ale~y dve and payab'e; wherher. or not there be no+~ce ds mand, a»empt to coltect or suit pend~ng; and the full amount of each and every such paymem shatl bee. interest from ~he date thereof untii pald at the rare oi ~ine per cem~m par annu:n; an~ all said cos~s, charges and ex~xnses iruwred or pa~d, together w~th such interes~, shall be secured by the 11en of th:i mor~gags. 6. That (a) in the event of any breach of this Mwtgage or defau~t o~ the part of the MORTGAGOR, o~ (b) in the event sny of sa:d sums of money htrein re(erred lo be not p~omptly and futly paid witi~in th~~ty (30) days next after the same severatly beco~~e d~e and payable, without demand or notice, or (c) in the evenf each and every ~he stipu~ati«~s, a9reements, cond~tions a~d covenants of sa.d promisso~y note and th~s mortgage any w either are nof iuiy, promptly and fuily periormed, d:scharged, ezecuted, e}tected, completed, compl~ed w~th and ab~ded Sy, then in either w any such eve~t the sa~d ag gregate sum mentioned in said p~on,issory note then remaining unpa~d, with interest accr~ed, and all moneys srcured hereby, shall become due and pay abie forthwith, o~ therea(tcr, al the option of said MORTGAGEE, as fu~ly and comple~ely as if all of t6r sa~d sums of money were a~ginally s~~pu;ated ro be pa~d on such day, any~hing in sa.d p~om~ssory note or in th~s Mortgage ~o ihe conrrary notw~~hsrand~ng: and thereupon or thereafter a~ ~he op+~on of sa~d MORiGAGEE, withuut not~ce or demand, su~t at law or in equdy, therCfore or thereafter begun, may be prosecuted as if all moneys secured hereby r.~d matwed pr~ar ro~ts insKtut:on. 7, ihat i~ the event that at the beginn~ng of or at any time pending any suil upon this Mortgage, w to foreclose it, or to reform it, or to enforce payment of any claims here~nder, said MORiGAGEE shall appiy to the Court having jurisdiction thereof 4or the appo~nt~nent of a Receive~, suth Court shail Forthwith appoint a receiver of said mortgaged properly al{ and singula~, inclvd~ng all and s~ngular the income, prof~ts, issues and revenues from whate~er io~rce derived, each and every of wh~ch, it be~ng expressly undenrood, is hereby morrgaged as if speoiicalty srt iorth and deuribed in the granting and haoendum clavses hereof, and such Receiver shall have all the b~oad and eflective funct,ons and powers in anyw~se entrusted by a Court to a Receiver, and s~ch appoinsment shall be made by svch Court as an admitted equity and a ma~ter of absolute righi to said MORTGAGEE, and without reference to th~ adequacy or inadequaty of the value of the property mortgaged or to the so~vency or ~rrsolvency oi sa~d MORiGAGOR p the defendants, and that such re~ss, protas, income, issues and re~enues shall, be applied by :uch Receiver accordmg to the lien or equiry of said MORTGAGEE aad the pract~ce of such Court. 8. To duly, promptly and fully perio.m, d~scha.ge, execute, effect, comptete, comply wlth and abide by each and every the stipulations, agreements, conditions and covenants m sa~d promisswy note and th;s mortgage set fwth. 9. That in the event the ownersh~p of the mortgaged premises, w any part thereof, becomes vested in a person other than the MORTGAGOR, the h•.ORTGAGEE, its successors and ass~gns, may, wiihovt norice to the MORTGAOR, deat with such successo+ w successor in interest with refe~ence to Ihis rnortgage and the debt hereby secured in the same manner as w~th Mortgagw w~~hout in any way vit~ating or d~uhaiging the MoKgagors' liab~lity herr ~,,nder a upon the debt hereby secv~ed. No sale of the premises hcreby rno~tgaged and no forbearance on the part of the NIORTGAGEE w its successors or ass~gns and no extension of the t~me for the payment oi the debt hereby secured given by the MORTGAGEE or its successors or ass:gns, a~~all operate to release, d~scharge, modify change or affect the original liau~l~ty of the MGRTGAGOR herein, either in whole or in part. 10. it is spec~fically agreed that t~me is of the esse~ce of this contract and tha~ no waiver of any obligarion hereunder or of the obligation x- cvred hereby s~aU at any time ~hereafter be he~d tc be a v~af~cr of the terms hereof or of the instrument secured herby. 11. In atid.tio~~ !o ~he forego n9 +nonrhly payments of princ pal and inrerest reguired by the prom~ssory RO~E• secvred hereb~, mortgagor covenants ana ag~ees to pay to mo-tgagee v+.r•h each niomhiy payrnent an edd~rional sum est~mated by mortgagee to br equal 10 1,' 12 of the annual cost of the fotlow- ,,g: A-All reai property taa=s 1evi~d o+ assessed agai•1st thc above desvibed real estate. B- Pm~~:wms on i~re and wir.dsto:m msurar.ce as herein req~:red to be carried on the improveme~ts s~t~ate on the above dascribed premises. C-Prerniums on wch mo~tgege 9varar.ty irsurar.ce as mo-tyagee shail from time to time deem fit to carry on the loan secured hereby_ 'I Mo~tgagea s!+af~ f~om ~~~ne ro t~me ~ot~fy mortgagcr m wrinng oi the amou~t due and payable here~nder and such surn shall thereupon be due and c~yable on fhe due date oi rhe nc•xt monm:~ payment and each successive month rhereafter until mortgagee shall notify mortgagor of a change in such I a•~ ovnt. Such sums sF.a:i be applied by mortgayee toward fhe paymenf of re;l property taxes, insurance prem.ums, and mortgage gu anty insurance i ,,•cmiums. - { IN Y~ITNE55 'NHEREOf, the said MORTGAGOR has hereunto set his hand and seal the day yea~ t afor id / € Signed, Seated and deliv ed in the p~esence of: ~ ~ 1 ~ , ~ ~ _ Edward . Tho son _ ~~a~~ ~ . .~//j~' Q ' - ~Seaq ~ ~ (~venda L. Thompsa t~ai~ ~ S~A E OF fIORlDA ~ ~ COUNTY OF St • Luci e_ ~ ~ ~ Before me perso~ally appeared F~~ard Tho~rQson a~ Gwenda 1, . ThomQson his wife, to me well known and known to me to be ~ rhe ind~viduals described in and who executed the fwegoing instrumem, and acknowledged befwe me that they executed the same for the purposes therein expressed. And the said ~renda 1. ThomRson ~ .,:fe of the said Edward Thompson a separate and private e.aminat~on by me ta!cen separate artd apart [rom her sa~d husband, acknowledged to and before me that she executed said instrument freely and volurr ~ rar~ly and w~tho~t any compulsion, constraint, appf h s;on, or fear of or 4rom her said husband. _ ~ WITNESS my hand and offiual seal this day p-' ~9 73 ~ " "CC + _:f-~' . . ~ Notary Public in a (or State o b at La~ _ My Comm~uion expires: TqF}y PU ._tf,.,51'~TE~f F!$RIDA`~et IRRGE Retum To: ~ MY CO'wk: ;S',-.+~ E•; :4-; c;~'~t~E C: ~9 :1975 . First Federal Savings 3 Loan Association 25~SSJR~`'J`d N.__ ~i+c~ uc~wQtars. Of Fo.t Fe.ce. fIIED A!10 RECt?RDED ~J '-r`+ ` r; Fort P~e~ce, Florida ST. LUCIE COUNTY fLA. ~ ~ ' ROC~r ~n~TRAS y!';; _ k CLERK C+~tCUfT C~URT ~ '~f,~,~~:~+u" RECna:, Yf= ~:~D~..~~~ ~v ~ Th:s Instrument Prepared By John Collins First Federal Savin s& Loan Association ~ 9 Jn~ ~5 3 4i PH'73 ~c ~r~ , . ~ ~ of Fort Pierce ~ ~l.orida ~ S Checked By f ~ ~ ~ ~ ~ S~~! . ~1.,' ~ -~~tiv , ~ ' 'y,y ~ - . . _ _ . . . ` ~ti . L k 4 ` ~ ~~~~.F ,~m~ . ~ r w . ~ ~ -gc r : ~ ~ ` ~ ~ ° ~a,~, ft _ _ ~ ,