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Home My WebLink About2746 : ~ • • ~ To plac~ and continvously k~~p on tM buiidinys now or l+~r~aft~? at~ab on s~id lu~d and on +II puipm~nt ~nd pKSOnally covtnd by thi~ mat¢ ap~, with ~II premiur•ta therwn pa~d in full, fire i~svr~nc~ tn the ususl sandard policy fwm, ~n a~wn approwd by th~ MORTGAGEE. and windttwm tnwr~nce M tM viwt ituid+rd policy fam, in a wm approv~d by ~M 1NORTGAGEE, in such company w companiN a tM MORTGAGEE v~y dirMi and ~II fi~~ ~nd wi~d~tum inwr~nu poiicies on any of s~id build~nps, ~~y i~ttrei~ therein w p+?t tht~wf, le ~M apqrp~t~ wm ~for~wid w in ~xc~u ~henef, aMll conqin th~ usval sNndud morty~N cl~us~ or such otF~ cfavs~ u tM MortyspN en+y nquin. m~kinp tF+~ bu u~ s~id p~14 cla, tacA ud ~wry. p+Y+bk b s+id MORTGAGEE u its imereit may appea~, u+d ~+cA +~d ~ve.Y iuch Po~KY ~hall b~ promptlr asi:9~ed ~+d d~liver~d to u?y Mld by ~id MORTGAGEE u f~nha sec~rity to said mo.tp~ys debt, ~nd, noi kss tMn ten (10) days In advanc~ of tM ~xpiraYwn of ~ach policy, to dr liva to ~aid MORTGAGEE • rMew~l therwf, to~tha wirh ~ rec~ipt fw the pr~mi~m of such renew~ll end thtr~ sh~ll b~ ~o fin a windstwm iniu.anc~ pl~ad on u~y oi uid buildirgs, any intKat therein a pa~t tl+~nof, w+iesf in tM fwm'u~d wi~h tM loss payabl~ as ~foreiaidJ +nd in tM ev~n1 ~ny sum of ma»y becann p+YaWe wide~ wch Pclicy or polici~s iaid MORTGAGEE sMll h~w th~ opfan ro receive u?d ~pply the ss:~ on acoowH o1 tM ind~bted- nsss ~ecut~d h~reby a b petmit s~id MORTGAGORS to rKeiv~ snd uf~ it ot any pa.t fhereof for olhcr purposes, without thveb~ waivi~g o~ impair- lnp any pvity, 1'Nn a rpht vade? or by vinw of this morty+~~: ~~d in tFw ~vent said MORTGAGORS shall for any r~awn fail to kasp ~M said p~emises so iniured, w f~tl w d~liwr promp~ly ~ny of said polK~es of tnsunrw ro said MORTGAGEE, o~ iail promptly to pay fulty ~ny premi~m ther~fw w in any reip~ct f~ii 1o p~rfam, dischuqe, execut~, ~ffect, complet~, comply with uid abid~ by this mvenant, a any put hersof, ssid MORTGAGEE m+y pl~ce and p~Y fot wch Ie~wranc~ or ~ny p~rt thereof witF~out watvirt~ a~ff~ctirg any option, lien. pu~ty. or ripht unda w by virtw of this Mwt~ap~. and tM full amo~~t of ~ach ~r?d ~wry wch p+yment s1++11 b~ ir~diat~ly dw ud payabls and ~hall bear int~r~s~ from tM da~~ thereof uMil p~~d M tM rat~ ol n;ne pK cN+him pa annum and toqether with sucA interest sMll bs iecurod by tM lien of this matpap~. I. To pern+it, aann0t or suffer no wait~. Lnp~irment or deterioation of said prope.ty w~ny put theroof. 5. To p~y all sod unpulu thetosts, charpet +nd exper?ie~, includinp • reasonable attwnty'• fee and cosri of ~bstr~cts of title, incurred a paid st i •ny tim~ by said MORTGAGEE, bscaus! w in the evee?t of the failuro on ths part of tM sakl MORTGAGOR ro duly, pranptly snd fu~ly perform, d~xhary~ execvte. ~ffsct. oompleu, comply with and ~bid~ by ~acfi ~nd every the itipulations, agreements. ca~ditions, ~nd coven+nb of said promissory noh and thia ; mor~y+Cs aoy or ~i~her. ~nd said cwts, tharqes and ~xpernes, e~ch and avery, sh~ll be immed~ately dve and p+y~bk: whether w nof there be e?otice da . msnd, ammpt ro colkct w wit p~nd~np; ~nd tM fvll amovnt of each and every such payma~t ahall beu interest irom the dat~ thereof ~ntil p~id N tt+e 1 rate oi nine per ctntum per uuium; ~nd :II said obsts, charyes and exp~oset incurred or paid. ~opether with such intere~t, shaU b~ tscv~ed by tM litn of thif ~ ^+orq~p~• ~ p. 1h~t W in the ~vent of any b~each of this Mwt~ape or default on the part of the MORTGAGOR, or (b) in tl~e event ~ny of ~aid :wnt of maney herei~ r~fKr~d to be not pr.arnptly and fulF~r p~id within thiry (30) days ncxt afte? tht san+e severally betome due a~d payabk, witho~t demand w notice, or W in tM ~wnt e+ch ~nd wtry tM stipulatans, ~greements, conditions and tove~snb of sa~d prorriisswy note and th~s matp~e any a either an no1 iuly. promptly and fvlly p~rformed, d~xMr~ed, executed. ~ffected, completed, complrcd with and abided by. ti~en in either w any such event the said ap~ ,~re9,iM win mention~d in said promiuay note then remai~in~ unpaid, with interest accrued, and moneys secured Mroby, shall becom~ dw and pay- able forthwith, o? thereaha, st the option of said MORTGAGEE, u fully snd comple~ely as if all of the said sums of money were aiginally atipulated to be p+id on such day, ~nythirg in saEd promissory aote a in this Matgage to the contnry notwithstanding; and thereupon w thereafter at the option of sa~d MORTGAGEE, without notics w demsnd, wit at I~w or in equity, therefo?e or thereaf~er beyun, may be prosecuted as if all ma~eys sewred hereby had mawred prWt to ib irotitution. 7, Th~t in tM event that st the _begiru~ing of w at ~ny time pe~ding aoy suit ~pon th~s Mo?~g+ge, o~ to fwedosa it, w ro reform it, w to tnfo?p payme~?t of ~ny d~ims he~eunder,_{ai;lAIORTGAGEE shall apply to the Cou~t havin9 jurisdrction ti~ereoi tor the +ppo~ntment of a Receiver, tvch Court sMll iorlliwith ~ppoint a KpllSier ol-saiMd mortgaged property all ~nd singvlar, includ~ng atl ~nd s~ngulu the income, profita, issues u~d revenues from whatever tovrce d~rived, eath and every of which~, it being expressly understood, is hereby morlgaged u if tpetifically set forth and dewibed in the ~rantirq and hab~ndurt? clauses Iwreof, and such Receiver shall have sil the broad snd effective fund~ons and powers in ~nywise entrwted by a CouH to ~ Reteiver, and ~uch sppointmeH shsll be m~de by wch Court ss an admitted equity and a matter of sbsolute right ro said MORTGAGEE, and without re(erence to the adequacy or in+deqw~y of ihe valw of the p~bperty mwtgaged or to the solvency or inwlvency of :~~d MORTGAGOR or the defendants, ar.d thaf such i renes, profits, incan~, isuxs +~d revenws slull be applied by such Receiver accordin9 to the lien a puity oi said MORTGAGEE and the prscrice of such CovA. ' . & To d~?ly, prcr~dy swd fully perform, discharge, execute, effect, complete, oomply with and sbide by each ~nd every the stipulations, ~greemenri, cond'Riont and coven~nn :a ssi~~qrais}ory note snd this mwtgage set fath. 9. That in ths event the ownenhip of the mortgsged premises, a any part thcreof, becomet vested in a person other thsn the MORTGAGOR, tM MORTGAGEE, its svccesson and auigns, may, without rro~ice to the MORTGAOR, deal wi~h such suaeuor or successor in interest with reference to fhis morlyaye and the debt hereby secured in the same mannet as with Nbrtgsgor without in any way vitiating or discharging the AI1~tgagon' liability hera under w upon the debt hereby sccured. No ssle of the premises hereby mwtgaged and no fwbearance on the part of the MORTGAGEE w its suaessors or ~uigns and no extension of rhe time fa the paymeM of the aeb+ hereby secured given by the MORTGAGEE or its successon or assig~s, sMll oper~tt ro releas~, disch~r~e, modify chsnge or affed the original liab~lity of the MORTGAGOR herein, either in wi~ok a in part. 10. It h spedfially sgreed that time is of the essence of this contnd and th~t no waiver of any obligaYwn here~ntkr w of tM oblig~tion se- cvred hereby shall at any Yune thereafter be held to be a w~iver of the tcrms hereof or of the instrumet?t secured hNby. 11. In addition to the fwego:ng monthly payments of prin~ pDl and iroerest required by the prom~ssory note secured hereby, mortgagor covenanri ~ and agrees to pay to mortgagee with esch monthly payment a~ add~rional sum estimated by mortgsgee to be equal to 1/12 of the annual cost of the follow- i rty: , A-All real property ta:es kvied a assessed a~ai~st ti~e above described resl estate. ~ . S-Premivms on fi~e and_windsto~m insunnce as herein requ~red to be carried o~ t~e imptovemeits sitwte on 'the above desaibed premises. ! C-Premiums on wth mortgage guusnfy insurance as mortgagee sFwll frdm time to time deem fit to csrry oa the IOan securnd hereby. MprtgsQee shsll from tirwe to time notify mwtgagor in writiny of tF~ amount dve and paysble hereunder and suth sum shall thereupon be d~re and payable on the due date of the next monthly payment and each succcssive month tF?ereafter u~til mortgagee shall notify mortgagor of s change in such , amoum. Such sums shall be applied by mortgagec toward the payment of real properry taxes, i~u~rance prem:ums, and mortgage gusranfy inwrance premiums. ~ IN WITNESS WHEREOF, the ssid MORTGAGOR has hereunto set his hand and xal the day and year first aforesaid. ; ~ Sgrnd, S~aled and delivaed in the presence of: ~ 3 ~ - ~l1. [l(~ , . . ~sn i ~ ( /L'~ ` ~$tin ~ ~ STATE OF FLORIDA ~ St. Lucie couNn oF befon ,f,e p~na„~~y ,ppe„ed Aaron Riehardson ~1~~ Riehardson his wife, to me well known snd krawn to me to b~ rh~ ind~ridwb dewibed in ~nd who execu~ed the foreyoinp irutrwrant, and acknowled9ed befwe me that thsy sxacuted ttw same fw the pwposes ?!M.~~~ .xaeswd. a,a ~h. ud 2heLa Richardson ~ wir. o+ ih. s~id Aaron Rie~fardson „po„ .,ep...te ,nd p.~~,» exaeninarion br eM Nken s~par~t~ and ~paN froa~.~~ssid husbar+d, atknowledged w snd befwe m~ tFWt sM ex~cuted said irotrumtnt freel~ ~nd volun- r~rily a~d w~thout uyr computsion, constraint, ~pprehe f~ar. of a fram hN said Fwsb~nd. . ~ WITt~iESS my Fwnd and official ual this~~ d~y of A. D. 19 68 ~ FILEO AND REC r,o+,ry v~b?K i~ .,,d ra T~ s~,r. a~,f ~c„q. COUNTY~ FI.A. MY c«,~,~.~, .xP;...: ~o-r ~79 ~ ~ R.w.~-r~: ST. I.UC~E ~r~ Cn .:...,~'b . ~ j:~;~ ~ M~•- . 1~ Fint f~d~rd Saviny~ i loao Associat~on i • ~ : _ • i~~ ~ . ~u~•- ~ ' ~ Of For~ P~e.ce. %f!. % ~ fwt P~erca Flo~~da ~ TA~Y r11tU6. iTATE Oi F~O~~ L~~ ~ Q: ~ . . ~Y COMMISSION EXPIRES ' l. ~t71 p ' ~t 'u . ~ s ~ t W'~ ' ~oNOCO TMAOYON /11ED w_ D~TiT¢M~R~~j ~ . _ t~ ~ . e- Y~~"`~ - ~ .-~i • ~ This instrument re ared ~ ~'Q`-~~ • ` `~~5 ~ . ~ P P y CLERK CIRCUI7 COURT ~ first Federal Sav. & Laan Assn. ~ of ort ~~eyc~ By~ ~ /,i OR r - ; ~ 7 ~~7'~3 ~ ~ ~ ~ ~ # ~ , . _ ~ ~ _ ~r ~ j ~ ~ ~ ~ . 3 .x~._ _ . . ^