HomeMy WebLinkAbout2410 To piaa u~d contkwously kKp on tl.~ buiM~nps now o~ he+~ahM wwah on ia~d land and on ~II eqviprn~nt and p~nonaly ~~d by tAis narp~
p~, w~th all prsmiw~q ~Aerwn pa~d in iuti, fir~ insv.anc~ in tA~ vswl uudwd po~icy lorn~, ~n a twn ~pprowd by dw MORiGI?GEE. ~nd winditorn?
Inswana in ~M usw) s~~ndard po?;q (aeq, in • swn ~pprov~d by r!k MORTG/1GEE; in sucA company a compu~ia ~s tlN N1pRTGl1GEE nwr
dinctj ~nd all fir~ a+d wi~ann inswanp polic~es on any of sa~d build~n~t„ aey inNrnf ths.ein o~ part lhe.w/, In tl» apgre~at~ swn ato.~:aid a
In ucuas tl»nof, s1y:! contain IIw usual itandud ma~9ap~e dsus~ a sucb aM+ clavs~ q 1M Mw~ps~sa may ~p~'a~. makinp tl+~ bis w+da said poi:~
dw ~ach and ~wry. P+raW. eo ~aid MORTGI?GEE ~s ib inlereu ~Y =PP~~~. aod arch ~nd ~vrry such poiicy iMll b~ P~~^P~hl ~u~~ned and dNirNtd 10
w+r h.ld by ad MORiGAGft is fvnAer sea,.ir~r ro s+id monpsQ. deW. +nd. nw I~ ~F~an te~ (1~ dap in ~dva~ of ~h~ ~apir~`ion of ~ach policy. to dr
Gva ro~d MORiGAGEE s ~Mew~l ~h~.~oF. ~o~s~hu with a rec~~pt for tA~ pr~eniu.r of ~vch ren~wal; and ~hsr~ ~11 b~ oo f'u~ w windatai+? inwwna
pf+ad on «+y of ~aid buildi~g~, u~y inte~at therei~ a pxt ~hsrwf, ve?t~ in tM tonn'and with the loss payibl~ as afa~s~id: and in th~ ~vent any swn
of mon~y brconws par~b4 unds~ sucA policy w poticies said MpRTG/~GEE sMll Mw ~!w opr~on ro receiw and ~pp1y rl+~ s~rn~ on accow~~ 01 ~he k+cl~bted~
e~ss ucw~d Fw~~by w a peimi~ sai3 MORTGAGORS ~o reesiw and ~s~ it p any put thereef fa ofhe~ pu~poses. wirhout eha.eb/ wa;vi„9 oi unpair-
inp any pwtr. lip• ~r ripM vnder a bp virtw of this morr~~j and in th~ ~vent sa~d MORTGAGORS sh~ll fw s~y nason fa~l to ks~p the a~d p~misa w
iiawed, or fail b delive. promptly any of said policies of insv~rw ro fa~d MORTGAGEE, a fa~l promptly ro aay ivllY u~y pemivm tf~erefor a in any
n~pect f~il b Fw~oceq, d~sclwye. execvt~ tffecL complet~, comply wirh and abid~ by tha covsnant, or ~ny put hereof, s~~d NtORTGAGEE may plsc~ a~+d
WY fa wd~ &awanc~ or +ny Put ~M.eof wirhout wa~vinp a aff~ctirp ~np opt;pn, li~n, pv~ry. o? rghr unde. or by virn,~ of tl?~s Mor?~~. ~ed tM
ivll a~nowu of each ~nd .w~y wd+ P.ym.~,r ~..u b. ~„~+Kdw~.~r dw ,~,d o.y,w. ,,,d s?~+u e~.. intereu from tM dat~ the+eo( until p~id a~ tM ~an ol
eyn~ pK csntwn p~r uuwm and ~o~nhe~ v?i:h such interest ahali b~ secwed by th~ li~n af tlus ~wrtqa~,
a. To p~.mit, cwanar or wffa no waare, impauenen~ w de~s.~o.ar;on of sa;d propKh, o~ ~ny•put t}~ereof.
5. to pay all and siegvl~r rhe.costs, chupa ~nd sxpenses, includ~np a reason~bl~ attaney's fe~ u~d cosn of sbshacta oE title, incvned w p~;d ~t
My t~me by iaiJ MpRTGAGEE. becauae w in tl+e eveet of the faiture oe~ the psrt of t1K said lNOR~CaAGOR a duly. p.om~tN and fvlly pertorm, d~xhugR
exscvt~, ~ffsct, compk~~, oon,ply w~th aod ~b:de by ~+ch and every the stipulation~, ap~eements„ tondilioM, and cowtwnq of s~id pomisspy noh and thit
~narya~ a~yr w ei~ha. and sa~d cosn. char9cs and e:perres. each ~nd ~very, shall be iinmedia~ely due and payaWe: wherhN o~ na rlw.~ be raeice dr
manal. ~rre~np~ w colkd a wit p.wi;~; ~nd tM fufl ~.nount of each ~nd avery such paym~~f ah~ll bea. interest fran ~he date thereof w?~il p~id ae Me
rate of rw~e per tentwn ~ ae,wm; and all said costs, chuges ~nd expet?ses inturrad w p~id, topether w~~h s~ch inlenat. sh~ll b~ sr.wed by th~ li~n oi tlrs
morty+~e•
b. Tfwt in the wcnt of ~rey brexh of this MatQaQe w def~ult on tM part of th~ M~RTGAGOR, or (b) in th~ went ~nY of s~id swns of mon~Y
herein r~fs.red to ba not promp~y and fuly pa~d within Nwry (30) days f1lXI affN tFl! SAnI! flvNilly blCOf11O ~N afld PiyiWt. wi~Fw~~t d~msnd a ootiee.
or W in ~M .wn~ each and eve.y N+e sriputat~oaa. +g~ee~ne+~n. cond~rans and eoven+nn of ~a:d promissory note ~nd th:s mor?Q~pe any a ei~her u~ no1
iuy, promptly and iuliy performed, d:schuped. eaecuted, effecred, co•npteted, compl~ed w~~h and sbided ~iy. tMn in e~iher or any such ewnf th~ said a¢
p~e~ate wm enentioned in said promisso~y not~ then remaining ~npi~d. with interest acuued, and att ~noneys sscwed herebY. sAaN beawne dut and WY-
abb for~hwirlw, q~I~INIfH• at the opt;on of sa~d MORTGAGEE, ss fully ~+d canple~ey u if all of ~he said w~ns ef nwney we.e e.;p;n~lly s~;pubud
to be pa~d on s~ch dsy. any~h;ng ;n sa;d p,e,r,;uory nore o~ ~1,b µargage ro~he conrruy non,v;rhsfsnd~ng: sed thaieupon a thereaftnr ~t th~ opt~on of
said MORiGAGEE. witlw~t ~wtice w demand, wir ir la~v w in eqviry, therefore a thereafter begw~, rn~y be proeecyted a if all moneys secu~ed heroby
Md enanxed aar to ~a iosGt~tan. •
7. TMt in the eve~t that at the beginning of w N ~ny time pr~•L'ng soy w~t upo~ ~h~s Mo.~age, a
toti~rdcf~p~y w to ~efwm it, w to enfwo~
p+ymen~ of ~ny claims he~eunder, said MpRTGA('aEE shall appty to thr Courr having jur~sd;cr;on shereof for7the•appantment of i Receiver.•~uch Coun sh+ll
fwtliwith ~ppoint s receiver of said mort9aged propcrtY all and singular, includu+g all and singulu tM incoms profits,• issbes and re+~nves frOm whatever
~o~uca derived. each and every of whkh, ir being exp.essly unders~ood. is F+e.eby matg~ged u.if _~peci/itally set Twth an~rle~cribed in the ~anting ~nd
h+bendum cl+vses he?eof, and sucA Rec~iver sMll iwve all the broad ~nd efiecrive fimctwns and powers In aeywise entrv}h~ by a Co~~t to a Recciver. uid
such appointment shaU be made by such Court as an xlmitrcd eqvity and a matte~ of absolute rght to •said MORTGAGEE,~ ind witlwiit reference a the
~dequ+cy w iosdeqwc~r of tAe va:ve of the prope~h mor~g~ged or to f}ie sotvcncy a~nsolv~cy af said AApRTGAGpR w tM defendana, and ~hat such
renn, profits, inc«ne, iuves aod ~lYMVQS 3IIiII b! ipplild bY tyClf RKlivlf accordN+q to ths lien or equitr of said MORTGAGEE and rhe pactip of wch
Co~xt. . . ,
8. To duF,. ptomptly u~d fvtiy pet(orm, d'iscl?uge, execute, efFect, c+anpkte, comply wirh and ab+de
cond'tioro and covcnants ~n sa~d promissory note and ~h~s mor~gage set forth. e~ f!x stipulations ~greemeny,
9. Th~t in tM evenl the owncrship of the nqrtgayed p«n,;s~s, a u~y psrt tixreof, betomes vested in ~ persun othn th~~the MORTGAGOR, ths
uORTGAGEE, ib succeuws and augns, m~y, wi~hov~ notice to the MORTGAOR. deal with such svccessor or successor in interesf with refcrence to lhia
mor~yage ~nd the debt he?eby secured in the same m~mer as with Mutgsgw w~thoW in ~ny way vitiating or discharging the Nk~t~~gors' Ii~biGty hat
u~der or upoe~ the debt hereby secwed_ No ssle of the Fvem~ses hcreby mo.tgaged and no•fwbearaece on the put of the /AORTGAGEE a ib successws
a+uiges and no extension of the time fw the payment of ~he acb~ hsreby ucvred given by the MC' TGAGEE or ib successws a ass;yns, shail oper~te
ro rekase, d~sd~+rge, modify ch~nge or affect the wg~nal liab~tity of fhe MORiGAGOR hadn, either in whole w in part.
10. It is spec~ficalty agreed that tMne is of the essence of this contr~ct and that no waive~ of any oblg~tiw~ f?erew~der or of tl~e obligatiw~ te-
cwed heroEy sha11 at any time thereafrer be held to be a waire. of the tams he?eof or of the instrvrnent secured he~by.
11. In add;tion ro tF~e fwego:ng monthly payments of p?int pDl and inre~esr reqo'ued by the p~omissory npte secwed hereby, mortgagor co,re.ynri
~ and agrees ro pay ro mortgsgee with esci? monthly payment an add~rional sum ~s~~mated by rtwrtgagee to be eqwl to 1/12 of tlx annual cost of the foltow-
~^9=
A-/iN real property ta:es leried or assessed aga:~st thc abore described real esute_
B-Premiums oe~ fire snd windstorm insurance as hereu~ requ;red to be urried on the improvemcnts sitvste on the ~bave desui(xd pr~mises.
C-Premivms on such mwtgage gwrsnfy insurance as mortgagee shatl from ~;me to timc deem (it to urry on the {osn set~red F~ereby,
Mortg~ee shall from time to fime norify mortgagor in writ~rg of the smount dw and payaWe herew~der and such wm sha!! the~evpon be d~e ~nd
payable on the due date of the next monthly payment and exh successive month thcre~fter ~r.til mortgagce sha11 ~otify mortgagor of a change in wch
an+ount. Such sums ahall be applied by matgagre towud the payment of real propeny ta:es, insunnce prem:ums. and mort9age 9ua~anty insurance
P~~-
IN WITNESS WHEREOF, the saed lNpRTGAGOR Ms hereu~to set his hand and seal the day a yeu Fin1 afor
S~pead. and ed in the p~eseoce of: ~
r
~
~n
.
/
` ~--n
n-.o
STATE OF FLORIDA ~
Saint Lucie u-
courm of
~fa~ ~~~,o,,,iiy,~„~ Joseph Richardson. a sinnle adult
~
117! rvifw to me we4 known ,nd known to me to M
the ind'n~idu+l! descrFbed in and who e:ecuted the fwego;ng instn,rncnt and xkrawledyed before me that thef executed the same for the purposes
~ein ucpressed. y1f~fAr~~ld-
~Ih'tlt 1FA Zild -~rpo~~~-~epswte~wd~'r'~raM~
~[RII~'q1~1 ~r t1R T~kQ1Y"'~af~1! 11R~ ~}7Sff 1YO~T 1I1R'7A11t' FIIllE7~1f~ 7~10R~l~' bti~ ~7~^f~1!•111~'14~1!"!llR~f!'~J!!~ ~wMIN1fN~M jf ~I~MD~
~'~1~1~~1/11~RAl~/l~Z~d{!10l1~l0~1S1tIbfl?~~/q,lpfr~{~~'pF~P~T0~1r~7lr ~ . ~i
WITNESS my hand ~nd offici~l sesi this day of ~
D. lvr¢.~
Naary P ic in and for the Sute of Fbrida at luye
Retum Ta. MY uion eapires:
_ Fust Federal Savirgs ~ Loan Associatan • .
OF fwt Pierce. .:tt~~''~::ti ~l~I(. S{atE O} ~Ofidi it ~IQ!
Fort Pierca Ftorida •i ~••i .db?i~1 . 6 ~n
~ltED ~~~D nECORDED .:'`J~;" Ml? ~~'4~~ ~ ra
ST. L:SCIE ~:,~UR~TY ~LA: ~v '.1. v~,,~ .o.a.a~r~••aw~ssa~lec
N J,~ ~
f?i_rt;:i:; `/~i~~riFD - ~ -r;-
. ~ ej :`Y _
1630"?'1 - ~ : o . ' ~ :
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~gT 29 ~~1 9 : 4~=;;,,;•. ~ ~
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J~/ ~
f l/' 1 t ~1~
,'1~~~_.~. . . 1".• ~~:i{Lt~~~`• .
CLERK riRCUlT COUR7
B~K~6y FA~239~ . _ ~k
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