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HomeMy WebLinkAbout2300 . , . . • 9. TO place and continvouily keep on ~h~ bui'd~ngs now er heraaftrr fit~ite on sa~d io~~J ar~d on aG ~•qu~p~„ent and penonaily cov~red by tF.is mong- e90, Wit~1 all p~em~umf tiieieon pdd in fu:l, f~re ii~suiince in 1ht ui~ai St.+~•.1~~d ~,o~.cr 4CnT:, in d S~~n a~F•!~~rd b~ th~• A'.~i2~v%.l'~EE, and windllu~m 1 ~~s~rance in the us~at stand.:rd poLcy iorm, in a sum aFproLaJ b~ r1~e h10RIGA~,EE, in w~h to~ny,a~~y o~ co:~~; an~es as thr ~dORTGAGEE may # dirKf; and al) 1i~e ar.d wlndsWrm insur~~ta poGc~cs on any of sa~J Uu~~d~n~s, any intri~~t ther~~n ~r ~ art th~•r~•o(, in Ihe ayg~. ~ete sum aforesaid Ot { in excess thereo(, sha11 ;oMain the ~s~at Sta,;J~rd mo~ty~gee c'~a~se or s~;h oife.r c•,~se ai ihe hto~t~ay..~ ~„ay ~rqu~re, n~aku~g t1,< ~oss under s,~d poli- c~e~, eath aad every, paFSL'r ~o s.,~d .`.tOR7GAvEE as ~ts i~itrr.st m~y app~~r, a~~d cach .~r.d r.rr~~ivch F~o .c~ ~I~„~1 ix p,omNity asig•.ed a~~d de',~v~rrd ~o any held by sa~d ntC~RIGAGcE as (.:nh.~r srwray to sa~d mo~~g~~e drut, a~~d. not i~•ss ~han rt~n 1:0: d.j~s ~n .~d.~n~e of t1,~ exFi:,,r,un of e~ch po!~cy. to de- Irve? lo said MORlGAGEE a rrncrol thercaf, loyeine~ with a rece+Ht fo~ th:: prr~n,urn of s~ch rr•~r:..,.; .j id ti~rre s~~+:l bt i~o i.~e o~ w,~:;isto~m insurance plated or? any of sa:d bui'd~-~gs, any intcrest Ihere.n or per~ ~hr~eof, •,n'~as ~n th~ form a~~d w~!h the Icss payai:e ~s atc~cso~d; and in the evenl any sum of money beco~~es payable ~~~drr s~ch poLCy o~ pollcias sa,d MOk(GAGEE s~~.~~1 hive if~: o~ ~.~n to ~ec:~r~~ ,~F>i y r,~~ sa~r~e on .+cco,~ ~t o! the i+~drbtcd- ness setu~ed harcby or to pecm;~ sa~d MORiGAGORS to rece~va and u~e if or a~~~ F;, u,.. ,•~i i,:~ c:•:•. r,„~ ,s• s. ,~h ~ cr ~ ~~p,,~ ; in~ any equrty, Len ur riyi,t undcr or 6y ~irtue of this neo:'~eyr; a~:d ~n the evrni aa d A'„)~tT(;AGpRS sh.~'i `or a;~y r,raaon la~l to k~•ep nc~ sa~d prem;s.~s so ~nwred. o~ fall to dzi~~~r pruntipt;y any of said po7~c~~~s of ~nsurance to s.~ d A1pRIGAGEk, e: i...: l~•:.~,.~;r+y to y ~y tu :y any ~.....,,~,~~n chcletu~ or in a~r respect fail to pe~form, d~s.l~a~ge, execute, effett, cor»plrte, co.~~ply w,ith a~ed a~~de 6y th,s cov•_•~.+r;+, or a~ry E:.~r~ he~e~f, s..:d M~~RTvAGEE ~nay ptece a~d pay fw such inavrence or any part thrreof wnhou~ waiving or aHec~;n9 any op~w~~, i~en, eq.,.ry, or n:;%~r ~ader or b~ v~n~e ot ri,~s .V.o.rg~ge, and ~he ' fuil amounl of each and e.ery wch pay~nent ahall be ,m:ned~ately d~e ~nd pa,eb!e a•~d sh,~~ hrar ~n~r~. sr frc~~, th~ dote thcreof um~l po~d at the rate ol ~~:ne pe~ cr~'u~n per ann:.m onil tu~e!h.cr .~~th wth in~e:~st Sh~n l~~~ srcured by fhe Len o{ ih~s a~ortg:~g=. To permit, Commif ur S~tftr no waSte, impainnent ar da~ter~pr,,tlon of sa~d proF:~rty or an~• yor! 1F~•r:-o{. S. To pay all and singular the costs, charges and ex{,e~~scs; in:iud~ng d lCJlO~~dU~a• 3tt6t/1~V~S f~_• ,,r,d ces~s of ,;l;st~ects of t;Nr, ,n~urred o~ paid at eny tim.e by aa~d MORIGAGEE, brc.+~se o+ in the rveN of ~he f,~~lure un me P~~~ af the su:l 11JkivAG:.:R To d...y, pru•~;~riy and f,; ~y ~.~rionn, dncharge. e.ecWe. e(fect, complete. coo~ply wnh a~~d al dc by each ar:~ ~•.~~ry ~h~• sr;,,~:,~~,ons, agr~.r., ~.,us. co~•dn,~,,s. and cc.c .~~~~s ~.t so d F ro"~sory nore a~~d th~s ,~orrgage any or e~rher, and sa.d cosrs. ch3~yes and eapcnses, eacn and e:,~•y. sha~I b~~ ~",~•,.:d~,~.~!y d_:., a,~d F.~; ,t,:~•: wh.:~l,_r or no~ rha~e be nar~ce d~ R,and, at~empe ro coliret or svit pe~~d.•~g; and the f~ll an,ount of each a~~d e~er sv;n ~~~.~ni s~..,'.t i:..a• ,,,•.,...~r !ro:., ihe dai ~her„ ; y E r e ot u~~~~~ pa~d at the r. te u~ ~une De~ tr~t~r» p~~ d.in~ n; onc: all so~J costs, cha~ges and c xp ~•~.ses uX~rird ar pd~d. tp,~r~}~rr .ti,rri s~th ~nlr~rsf, sh~:l te src~icd by thc i~an o} th~s mortgage. 6_ That (a) in thc• evertl of any breach of 1hi3 1Jlvrtgage ot def~~ t on 1h~ pa•t ef r~:e :'i.)~;G~~G:~^, o~ ;h? :n fhe ev~•nt an~ 01 sad s~~»s of money h~'iCin re4~~rred to (h' n0~ pro~nptly anC~ Iu'ly F.a~d wrtf~i~l ih:rty ~.3r}' u.i~~ n~xr a•f.:. the S,",r S~~.c•o"y to,c..i•, d~.~a dncJ (ie:JJ~P. \Y:i/:Jt'1 ~L•ndn(~ Or pObte, cr it) in thr e:em e;ch and eve~y the ehpu'at~ens, agreements, te•~d~:~o ~s and covrnan~~ o! sa ~I ; ro,~,.ss~~ o~r .,~,J th s a~crig,,ye a•~y or e+~t~er are not ~uly, ptO~r,ptly and t~,'~• performed. d,acharged eaecuted, effecrrd. comp;eted. io•nNi~ed v.~tt; ar.d a: ::1. ti~r. tlia:n ~n e.ther or any S.:h rvent the ta,d ag. 3~rgate SUT mfn:rCn~ vT id.l~ P70~n~130ay n~:'r ff~Cr2 !P^~dm~•>a~ Ve~~',d•d, w,Ifi u,rrrr;t aGV„c:~, u::d , n c,~.c~S Si<~',~ hr.'ci y. Sha ~ L_;o~+~< d„e dnd Pd/' eoe forthvvrth, er Ti~~:~a'fe~, at the op~~on or sa.d h1J2TtiAGiE, as +~'~~y a~:d co~.,p:~•~c:~ ~s ~i u( s.~.± :~:ns oi ~,,;,•,ey yaere o~,g~~~a,ly sr~Hu~ated to be pa.d on svth d,;r. a•;rF::ng in sa d j:,o ssory note or in th~s f.lortga~e tc rhe cor.r-a-y n~r,.:rt:s~a~~:: ;y. .=~;d rf,:vr~t,cn or ih~:e~+tei at ~he opi~on of s.:.d MORTGAGEE, wiri.out n~e.:e or c}emard, w~t at law or in eq~~ty, therciure or th,,~reattrr b_~,:n, ~:~ay t;i- cr.~~s~...tcd as rf a!1 muneyi sewred hereby r,,~ matured pnor ~a :u ~r.st~r~~'~on. 7. That in the evert that a~ the bey~nn~ny of or at any t~~ne F,end~nq any su.t v~~. ~ eh~s '.'o•'_~age o• to forec!ote it, or to relerm it, o~ to enfo~ce payment of a~y ei~uns he~e~e•der, sa~d MJRTGr~GEE shali app'y ro the Cou~~ hawng ;unsct.c~o:~ cF:_r_ot f~r th_ y:o,ntn:ent of a ReC•voer, S~ch Cw~t shad tcrrhwith appo~nt a rece~.e: of sa.d n:ortgaged prooerty alI and s~ng~:ar, in~iud ~~g a.: rnd s~~~,;:ar t!:e mcen e, ~.~o1rts, ~ss~es ard ~c~<~:ves lran v~hetever sc~u~ce derived. each anc! eYery of «h~ch, ~t be~«g pxu+ess'y unde~a+ood. ~s Fereby mortyayed as i4 S::rc ~~co::y ar~ tor~t~ and d~estnb•rti ~n tf;e g~ant~n~ d»d h»~dum e~a~ses her~of, ar.d s~ch Rree~~cr shaH have a~! ~he brcad and ~r.ccr:ve iur•ere:,n med po:.erx :n ~nr~..ie ~•.~tc,;,r,•d br a t.:;•~ to a~i~c~i.Er, a:~d s..ch appointmenT ah31i ~e made by svch Ccurt as a~ ad~~rt~•d eq~~ty and a rrarter ef a':so~.~ri r.c~ht to s,.d .'.'.JR7~,%-vlF, a»J x:»~_uf ief~,er;cc ~o the ad~qu,q or inadeqvacy of the vaiue of rhe properry r,o~taaged or to the so.vency c. ,~,s.~ .~nc~ 01 se,d rd.e~R~G:.Ge~2 0, a~,~„d,,,~s. a:~d rh,t such ~e•~n, psoi~~s, inco:ne, ~ssues and revenues ah~ii be app:«~i e,y such Rece~vrr ac:o~d.ny w~he t.~n or ~q,,ny of i,:d tdJRIGi.GEE a~:d ~he precr~ce of such Courf. B. To dufY, prompt.y and f~;~y perform, d~xharge, execute, efiect, torr.p:ete, con~piy w,~th and ab;:ie by ea:h ar~d every the st;p~iations, agr¢ements. :cr:diticns and covenants :n se;~ prm-;:sio•y note a:~d tn:s ~nortgage srt lorth. 9. That in the e.e:.r thi~ owne~sh p oi the mJit~aocd p~em.~ses, or any part 7hereoi, k:~canes vested in a pr•son o!Fer th3n the M~RTGAGOR, th~ ti'~RiGAGEE, ;;s s~ccrssun m~.d ass~y-~~>, ~•~ay, w,r4,oui ncr,ce 'o rht A,ORTGA~R, dea, ,n~rh suih wccessor or succ~,so: ~rfei,st w:tfi refr.¢r.ce to th~s c~+gage and the d,o+ hr.:.b~ securzd m tne samr RtdnRE'/ as .~~~h l.`~r•~age. w~th„ut in dny ..;~y va:ar,n or d schar g g ab~i~ty here- • 9 9~•~a the 1cr• > ors' L :.~~3er or upo~ !h~ dccr h.:•rE~y s...•~.J Nu sa+e of ~ha ~•~•r~.~s.~s h•~tr. o r7_y~•d ~,d r.e t~:rer~-~-ur c~~ :!~r ~err ci ~h~• r~1pk7~;:;vEf o- irs s~ccessors o• ass~ons a~d na exre so-•. c,i ~hc~ to• rFie pay~.e~~t o~ ~he debr h•-~., f x..;~r~ g~vcn by tn~ JR;G%~Gc~ c• ~fs s~~cessora or ass.gns, a~~ail optrate ~e re%ease, d,scharge, mod.fy cna~•ge er at!ect the or~g,na1 ~;au . r~ of tt:e l.•.~'QTGAGOR i~e+r;n, e:tt.rr ~n whae or in parr. 10. It is spec f,.,a`iy rgrred tF.ar n~ne is of tha esse~ce of th;s to•~r.a:r a~•d tF+~t ro .vai.er of a~y of.' gar.on hereun$er or of the ob~igation se- a:red h¢reby sha ~ at any t~r e th:r~a•ter be held to be a wdi~ar of the tern:s hereof or of ii~e !•:sfr~-~~.ent s~cv~rd i•crby. ~ I1. In addr.o~ to •ne te:il.: +o n,entn'v Vayn-._~nts of p:~:~:~»; ~nd v~~t::~st re7..~+cd o~ ti~e p•o~~:s>cry rc~~ s_.~~-d he[~6~. mOrty33~r eOvenants ,~.d agrees to ray to ^ o r_:,y,,c r.,r1: eac^ ~r~n'h'~ p~,. ~e.:t ar. aci.: ~unat s~n ~s ~ a!ec! b~ r• o•!g.jg?e to ue r q~~ to 1 i2 ot t: a" ;;ai coit of the foiip„v- n~: A-A~I rca~ prope•~~ ~a,~s ie:~: or ass^sseci ag~~ s! nc~ above descr:~•d ;rl esrore. 8- Fr_r s on f:•e ar.o ....ds:o ~n ;nswa•ce as i:.,.r~n ro ~.n~d tu be ca':~.. t: ~ . . , q d c~ ~e ~.•av..-.ieits s tua'r on th_ abo~e d_sv~txd prem~ses. C-P•e~r.~~r s o i su;h +no,-t~,.ge gua~anty ir.wre, ce ai mortgagte sha'I ~rc•*~ r me to r~m~ d~e:n Gt to cany on tiie foan secvri~d hereby. Nortgag~ sc,, r.~ o t:•.~- ,,;,r 1. r.~c.r,;~gcr ~n vyr[f:rig of 1he e•: o....r J~., erid piYai;te nerrund~~r a„d s~:h su n sh.; th.~r~~ibn be due and ; 3,able on 'h d.;~ c,aee of tF, month ~ pay•~,_.r.t en~ eacfi su:cess.ve ~r•o^th t~~~•;EO;t~r ur.rr mcrtgage.~ sh.,ll noi:4y mO~t~.:3pr of a thange in such - e~nt. Such s s_ ue a: }~d i,y •norrga3•:i toaard the payment of re,a' prcFerty t3xes. insu.a.,ca pre,~:.u:ns. a•d mortgoge guaranty msurance .~~•o•.:ium5. IN \'lIT~~E~; :~H[F;•,^~ •n~ sa~d MORiGtiGOR has here~nto set his ha~d and seai the dr.y and year f~rst a#oresald. ~ S:gned Sealed a-a ~f ~~n the presence of: ~ - _11L!i~.~-`_---- ftLEO ANO RECOAQEO ~~~~-aZ ~QL =T. WCiE C~UNTY r~A. -AarOTf 1ChardS01'1 ~~~-~-'~ean - ROCE~ POtTRAS ----r------ ---t (s~e~) ~~-'r C1ERK C1RCU1? COURT,¢~~, -~'i~ ~~%s t ~ - (Seap _ RECORO VERIFfEO~~..~.i1~./ ~ n - (Seap ;;:,TE Of FLORIDA ~~O 8 7Y ~'TI z p 5 7~ 0 ~JUNTY Of St . I.l1C1E' _ 1 Befae me pcrscnally appeared _ _ aaZOll R1C1]OYC~S.QQ_____ _ _a end _ TheZma Richardson h~s wife, te me weli known ar,d known to me to be !he ind;v:duals descr;bed in end who eaecuted the foregoing ;nstrument, and acknorvledged before me that they eaec~ted the s~me for the {,urpose~ rhere~n expressed. And the sa~d_ _-______TheZl~ Richardson _ _ - - - - .~!fe oF :a.d Aaron Richardson - _ . upon a xparate and priwte e.am;nat;on by me ta4en seFara+e and aF;art from her sa~d h~sband. rcknow!ed~ed to aad be4ore me that she exec~ted sa~d ina~rument freely and voluo- 'an3y and w;tbovt any co-:~;uls;on, co~aL~,nt, apprehe.u,p/i, or fea. oi o• f~om her said husband, p ~G WITNESS my hand and offiaal seal th~s - _-L- - _ _ _ _ day cf_ `i`. A_ D. 19_ZL - 1~~~ - . Noiary P~bG ' and for thr tate of Flor~da at luge j Re~~rn To~ My Comm~ ~ ex;~~res: / 9 First ftderal Sa+ings 3 loan Assoclat~on ('Jf :L•t P..,~.. „ ..:!l~i~t. . , . ' • . ~ ~ Fore V,: rce f: . _ . a'fl! • . , : . . . ~ . 1~~~ ` ~ ~ ~ ` . . . . . - . < • .y - ~f'`: f 7 ~ ' This Instrument Prepared ByJohn W, Colllns; t ~ First Federal Sawngs 8. Loan Associaiion - • , ~ ~ ' ~ ~ ^ ~ ~ . ~ , of Fort Pierce U;•. 4.;,~~C~ _ ` G•., • . . 4 n••.......•~ ~ : . Checked By - ~ . . ~ . • BflQK~90 2296 - ~F . '~a`.~"` n,_... ...__z.~ ' ~ ~ "_"_..w.