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3. To p.ace a~d co~~~nua,s!y keep on the l~~'d,~9s nc.u o. her~~frer s:r;,~te on s_.d !and a-.d cn a'. ~`q.~~i"^~nt d•'d ~)E~10~1d;ty co.rr~d t, +n,s mur
eg~, wilh All premwmi Ih2reon pe d in {u~l, 1~re u~s~„~an;e ~n tna us~~~ 1!a~~d~'d Fo ~CV fO~m, in d S.+"+ e: r=~w2d bJ ~~~r N~.~k~v:~vC[, a'~d +~~~`~Jsro
~nsurance 1n rhe us~al sranda*d po'.cy fonn, in a w~~ a;.p:o.ed Ly the MJRTGaGEE, in s~ch CJR'JJ~`y er c~~~; ar.es as f%~e t. J~t1;,:.vtE m
d~rect; and all f~re ar:d w~ndstorr~ ms~~ance pu:~c•es o~ an~ of sa~d b.,~,d ~gs, any ineeresi the~e~+~ or ~a*t !hrreoi. ~n ihe ag~~~ ga`e s,•-~ ascrrsa:J
in excess thereof, shjtl :ontam the usv.:~ s!a::da~d more9e9ee c.aute er such oiher u~,~se as ~h~ Mc~tgagee ^••ey ~eq...re, ma?~ne) ~nr „ss ~~~~r~ s. d po
c~es, rach and eve+y, paYaS'e to sa~d A~ORTGAGfE as ~ts ~n~er~sr ~nay appear, a~d eacn and e•e.y wch c~ .c~ iha~~ ur F-~~.N~ v ass g~~~a a• d d~• ~•~~~~u
an~ held by sa:d 110RTGAGEE as funhzr secur~ty to sa.d •~~o:+gege dot,r, and, not ~ess than ~en il~: dj,s in .,J•n~•.ce of ~he e¦;-~•a• o~~ o` c~:~ ,;r, }c a.
I,oer to sa~d MORTGAGEf a•encwai ti~ereof, fogether v`~~n a rece~pt for the pre:rw~n ~f such ~e~ie+.a!: a~d rr~ere s!~.r~i be ~~o i,re .:s:- ~ s~ron:
p'~eed on any of sa~d bw!d~~gs, any ~meres+ ~ne~e~n or parr the~eof, ~::'~ss in ~he ~cr~n a^.d w~~h the ~css ~a,s~.e ~s afrresa~d; o••d :~:e e...~~t a~~ s.^
of mo~ey becomes payab(e vndrr s~ch po:~cy or po!,c~es sa.d M,OkTGAvEE s~uu ha~e rhe eFt:on to nce~:e d ap::y t:~e sa::~e on acco,; ~r of :hr ~~~u_•~~~d
ness aewred herrby w ro perm~r aa:d MORiGAGORS ~o rec-;ve a~,d use it or a"y rh- .~.~f t~, r~•.• .=S_s. ~~r .
~~g a~y equ~fy, t~~n or r~gM vnder or by vhive of th~s mcr~yaye; a~d m ~hr evem sa d AlOniGAGORS ih.i't ~or e:~y reason f,~~i to k~~ip ~hc sa d~~c•~~~,s_~s io
~nw~ed, or faii to dr~~~e~ promp~ly any of sa~d poi•c•es of ~nw~ance to sa d MORTGAvtE, or t,,;. p::,~~.:.•'.Y ~a pay t~.:y any p~~ n the~~•!or or ~n 3'~y
~espect fa~! to perfo:m, d~scho~ge, exec~te. effEC~, comp~e~a. conplr wi~h and a~~de by ih.s ce.e~».~, or any pa:i harNOi, s.~•d MGRIG%.lr:E ~~~sy ~;.oa~ ~ a
par 1or wch ~ns~rance or any part thereof w.Thout wa~v~ng or affec+ing any op~~on, t~en, equ ~y, or r.~F,t ~•,drr or b~ v~rr e oi th:: h~.s~rg,~e, ar.d chc
f~N amoun~ 01 each and e.ery s~ch payment shall be ur:~nedately d~e ar,d paYab+e and s~~~~ bear ~~terrst irom ~ha do:e th~reof un+~l p..~d ai *i~e ~~!e of
~~::~e per cent~m pe+ annv~n and to~_+he. v.~~h s~ch ,:r.e~esr sna~~ :>e s~~re~ b~ the l~en of th.s morrgage.
To perm'n, comm~t or suffer no waste, impa~ir.,ent or detenoro~~on of sa~d prcpe~ty or any part thereef.
5. To pey all and s~~gv~ar the cosrs, chargFS ard exper.ses, ~~cl~d~ng a reaaonab•.e a!ro~~ev's fee and cos~s of at~svacts of ri~:e, incu~~ed o~ p~~d a~
n~v ti~re by sa~d MORTGAG~E, because o. in ~he event of ehe Sa.:ure on the part of ihe sa~d M110RTGAGOR fo duiy, c•o.~prly a~~d f„'.~y Frrto:m, d~icn_a:gt
eaecute, effeci. comptete, comply w~th and abde by each and erery the sNpu~a~:ons, agree~~~~'nts, co~d:LOns, and ccve~~ann sa,d p~o:.,;ssory note a d~'~:s
-~ortgage any or e~ther, and sa:d cosTS, char~es a~d expensrs. each and ever~, sha!I be imm~-d~at~:y d~e and payab:e; v~he~he~ or not thert be rw~~:e d~
^:and, atte~npt to col~ecr or suit pend.ng; and the fu!: a~rwunt of each and every svch ~a~n,cnt shai~ oea~ ~~•n_resr irom ~hE dafe the~rof um~l pa.d a~ t~,E
e o~ n~ne per cenrom per an~r,;n; a~d an sa~d ccs~s, cnar~es a•~d cx;:rnses :rx~rred o. pa~d, ~ogefhrr ~v~ih such ~nte~est, shall be sec~red by ~he i~rn of th~~
mortgage.
6. That (a) in the event of any breach of this Mortgage or defa~~t on tFr_ pa~t of the A'.ORTGAGOR, or ,b; ~n the event any o~ sa d svms of money
herein relerred ro be not pro,np+~y ar,d ~~:~y pa~d w~rh~n th.~ty t3J1 da~s nea~ a•ier the sane s~~:e•a:r tec~°~e d.:e ana paydb!e, w~ihout dema~~d or no:~ce.
or (c) in the evero each and every the snpu;a~~ons, agreemenrs, co~~d.r~o~s and covenann o! sa d p~o^~:sscy no:e and t~.s mortgage a~y or e~ther a~e r.a
~u;y, promptly a.+d fuily perfo~med. d s,ha~geo, execvred. effected complered, com;,::ed ~n~~h and ac ded 5y, then in e:ther o~ any such event ihe sa~d ag
~~egate sum menr.oned in sa~d pron~,~sso~y nore then rema~n~ng unpa~d, wiih ~nfrrest a.u.,fd. and a,! mor.tyS sec~~ed hereby, shali beceme d~e and pay
ab,e forthwith, or ihereaf~er, at fhe opr~on of sa~d MORTIiAGEE. as tu~iy and como.efe!Y as ~1 a:: oF r~• sa.d s~~~s of money were o~~g~~~a.ly ss.p,..aT~d
io be pa~d on such day, anything in sa.d pro:n.sso~y note or ~n th~s Mortgage to the conra~y no~,~~+hsra~~d ~g: o~~d thereupon or tnereafter a~ the opt:on of
sa,d ldOitiGAGEE, w+thout noT~ce w demand, su~t at law o~ in equay, therefore or tt~erro'~er oegun, may oe prosecuted as ~f ait moners secvred he~ebf
r._d matured pnor to ns inslitv'~on. ~i~. -
7. That in the event rhat at the bcginn~ng of or at any t~me pend~ng any s~;t vpon fhts Mo~t~~.~,p
j~~ r~(ose it, er to rgform it, or to entorce
c3vmen! of any cla~+ns hereunder, sa~d MORTG%.GfE sha!~ apply to the Court hav+ng ;u•,sd r.or. ther ~'(TdT'f~! ~~HO~ntM~m of a Receiver, iutF Co.,rf sha~l
.~rhwith appc~m a ~ece~~er o1 sa~d mortgaged property all and sin~~i3r. inciuo ~g ad a•~d s-.:~,.~ a~ +~•~~ruM~a prof~ta, iss~es and ~lurnulf~trem J~halever
s: ~•ce de~ived, each and e~ery of wh ch, ~t oe~ng expressiy ~nders~ood, ~s hert~; m.oregnat-d aS a~ s'et:fqi~~y rrt'fe~tFi and desvib*44 in t~ ~ani~ a~:d
F s:>er.d~m tlavses hereo!, and such Qeceiver shau have a~l the b~oad ar.d eifec~..e fu~•tt cns a~~d pe.ye~s ~n any ~n:ie em~usted by a Cou*t to a Rec~i~er, a•~d
s_ch appointmem shail be made by suct~ Court as an ad ~itted eqvrty and a n atte~ of absa~~e r:ght to sa:d MORIGAGEE, and v~,thcut reference to the
rdeqvocy a inadeq~acy of the va~ue of the property mo~~gaged or to the so ve~~c> or ~~:so..encr ef sa~d ifOR"GAGOR or the defe~da~ts, and rh;t wch
r- n, profits, inco.ne, issues and re~enues sha~~ be app~~ed oy such Rece~ver accord.ng :o ihe ~~en or equ~r~ of sa~d MORiGAGEE ard the practice of a~ch
Court.
8. 7o d~'y, prompt!y and ful'y perform, d~scha~ge, execu~e, effect, co~.+plere. compl~ v~lrh and ab~de by each and every rhe st~puiat~ons, agree~ne~ts,
;ond~t~ons and covenan~s sa~d proT+;sso~y ~ote and fh:s mcrtgaye seT fo.rh.
9. That in the eve^t the owr.ershEp of fhe mortgaged p~em:ses, or any part tnereof, 6ecomes vested in a person other than the MORTCAGOR, the
:'~RTGAGEE, its suctessors and ass.gns, may, vv~rhout ner~ce to +he A',O~TG~OR, deai w~th s~ch wccessor or s~cceoso~ ~n interest .v~~h reference to th~s
o~rgage and the deb~ hereby secwed ~n the same manner as w~.h :tio*r~agor w~shout in any way vii.ating or d•sct:argmg the l.1c~:gogori liabit~ty here-
.,~der o~ ~pon the debt he~eby se_~red. No saie of ihe Fre-.:~ses hereby mo.+gaged and no forbea.a~ce on ~he Farf of the ~dORiGAGEE er its successors
o• assigns and no eate~sion of the t~rne for t~:e payme~t of the debt here~y secured g~ven by the MORTGFvEE o+ its wccessors or assgns, a~~a~l operete
ro re~ease, d~scharge, mod~fy change or affect the o~ig.nal Gau :.ty of tne /l.ORiGAGAR here:n, either in whoie or in pa~t.
10. It is speufical:y aareed that ti~ne is of the essence of th~s cootrac~ and that ~o waiver of any ob'~gat~on hereunder o+ of the ob'igat~on s~
f a,-ed hereby shai. at an~ time ~hereaFter be he d to be a v.•a~rer af the terms hereof o~ of the ~nstrument secu.ed he~by.
~ 11. In add rio~ to the 1orege ng rror.tt~ y pay•z en!s o4 a~~~c ~ei and ~n;c*est requ~~ed by fhe ~,rom ssory no~r scwred her_by, mo•~g~yor cove~ants
~ ~~.d agrees to ,~ay +o mo-tgagee v.~'h eacr r o^•+h ;;;a:• e•~s an ao~ ~~onat sum es~ ~ ared bt rro*tg3ges to be eqoa+ to 1 12 of tf,r an.,uai cost oi the fo~:o,n-
E y
i A-Atl rea~ p~operty taxzs lev~e~ o• assess;d ac:~~s• ~~c aco,+e desv~brd r_a~ estate.
1 B- Fr~~: ,,~ns on i:~r ard w~~:ds!o~m msvra• ce as ~e~,~n •eq~ ~rd to 5e ce~ne,d en the :mr~ove~nents s:•uaTe on th~~ a6e.e d_sc~ibcd premises.
~ C-Pre~n~u^•s on such mo•tg,ge gua-an!y ~rsu*a~ ce as rno•tga~ee s~a'i frc e'o t~ce deern frt !o tarry on rhe ioan secured hereb/.
? Mortgagee sha l f•cm r~-.,e ro '~^~e ~o••f; mCrTya~Cr r. n.rt,r,g e~ fhe a~-o-~^t d.,e and payable he•eund:. and s:.ch su-n sha!! therrupun be due and
..able o~ !he d~e d~•e of the r~•,et ~r.o~th ; pay~.ent and e~c~ svccess~ve ^~o•'h ihereafr~-• ~rti! mcrtgagee sha'I not,fy n,o•rga~cr o} a chanoe in avch
k o~nt. Such SJTS s~a.~ be apE. :ed by mortga~ee ~owa-d ene pay~re~t of real propertr ta:es, insurance prerr•.ums, a~d T0~T93~G g~a•anty insurar.ce
~ •e^:i~ms.
5 IN Y~ITNESS ':1MERc0~, ~he sa~d MORTGAGOR has kere~~to set his hand and seal the day and year first aforesa~d.
k
; S~gned, Seated and de?ivcred ir~ the presence of: ~
3 ' s (Seal)
~ S~ R chardson _,~si
~ - ~
~ _ _(Seat)
~ _ _ V. Richardson _t~a,~
~ S ~ ATE OF fIORIDA ~
~ ~~U!JTY OF .Sti. Lucie ~ ~
~ Befae me personally appeared _ S iCha~'~022 _ snd
Glady s V. Richardson
~ fiis w;le, to me well known and knorvn to me to be
~he indiv~duafs described in and who executed the foregoing instrument, and acknowledged before me that they eaecuted the same for the purposes
~ r~erein e:presxd. And ine sa~d _ Gla~?3 v. Riehardson _
~ N~fe of the said - ~a E. ~CY18IZ~SOA _ upon a separate and priva~e
:t e.am~~at~on by me take~ sepa~ate a~d apart from her said husband, ackrwwledged tc+ and before me that she eaecuaed said instrument free+y and volun-
_ +a.iiy a~d w~thout any com~,u;sion, constraint, apprehens, q„ ~ fe~r of or from her said husband.
If~i/ 72
_ WITNE55 my hand and offiual seal this_ day of ebrua ~ A. D. 19
~
Notary PubGc in and for th tate f Fl i~a ~t Large
My Comm~ssion eapires: ~ ,
•
- Return 70: , ~ , '
~ first Federal Savings 3 loan Assouat.on ~'y -
Of Fo•~ P e~ce- • ~ : ~ _
- Fo~r P~erce. F~o.;d~ / lE0 AND ?ZEC~ROE~ ~ ' : -
LUCtE COUN tr Fl " L -
~ ROCE~ a~=TRAS L •'Q.
CIEFiK~ ~::CEO COUw
It~~ . F
~ H. Raberts, Jr. n~r,eRg v F~f ~ ~SZ=~
- This Instrument Prepared By J. .
First Federaf Savings 8 Loan Association ~e t1 'O 3,~ tu t~~
_ of Fort Pierce ~ F'Zorida R«
':f
;;i Checked BY `~14`~
: 8~1~9 ~2~~ ~5