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Home My WebLink About1041 To plac~ and continuously keep on tM bu~idings now w Mreafttr uwat~ on said I~nd u+d on ~11 puiprrKnt and p~non~lly towt~d by thi~ mor~¢ i p~, with ~11 pr~miumt ~hareo~ pa~d in iuIl, I~re insurance ~o ths usual t~~nda.d policy form, in • sum approv~d by tM MORTGAGEE. ~nd wind~~wm inWr~nc~ in 1M uswl s~endard pol~cy fam, in • sum app~ov~d by tM MORiGAGEE. M wth compsny or tornpani~a as Ih~ MORTGAGEE mar d'u~t1J and dl f'u~ ~~d wind~eorm in~u~ancs po1K~e~ on ~ny of ia~d buiW~f1Ql~ My ~R1fI~~1 IMffH1 01 ~fl IMf~O}, h IF» pprp~et wm ~fwes+id w In ~xc~a ~henof, ~Mtl comain tM usual tundard morr9age~ cla~s~ a iuch oU+N davs~ ~s IM Mort~y~ may rp~'u~. m~kinp tlw bu u~de~ ~a~d pol} cia, each u~d ~very, p~yabi~ io uid MORiGAGEE as ~1~ i~ierest may appe+~, and sach and tvsry iuch policy ~hall b~ pron~ly aa.9rnd ~nd dttira~d b sny httd by said MORTC,AGEE as (ut~her ~KUrity 1o said mottyaye debt, and, ~ot less than tM (IOI dayt in advant~ of th~ ~xpir~tio~ of ~ath policy, to d~- IivN ro a~id MORTGAGEE • renewal thereo(, to~e~htr with a reteipt for tM prtmium of wch r~newalj u+d tF~n~ aMll b~ no f'u~ a wind~~am int~rant~ ' pl~cad on ~ny of said build~rgs. ~ny intereit tMr~in a~ p~r~ ther~of. unle~i ln ~F~ fo.m ~nd wi~h tM loss pay~bl~ as ~ia~s~idJ ~nd ~O 1M •vM1 My {Yf11 ~ af morky bscpn~~ psyabl~ undM such policy a polici~s s~id MORTGAGEE ~M11 haw tM op~an 10 fKQiv~ ~nd ~~ly tIN i~rtN OA KCOW1t O~ IM indtbf~ % i i n~ss ~etw~d Mrebr w~o permit said MORTGAGORS lo receiw a~+d vs~ M a a~y pa~t tMreof fw other pwposN. w~thwt therab/ waivi~~ w unp~ir- j inp any p~~ty, IiN? or right uru~e. a by virtue of tlw mortpa9p u~d ir? IM ~ven~ qid MORTGAGORS shall fa u?y nawn fail fo kNp tl» ~aid pnmise~ so F int~red, w fat) to dtliver promp~ly any of taid polities of insura~c~ lo said MORTGAGEE, a f~il promptly to pay fully any premivm therefp p in any ~ r~~pect fail to per(pm, discharge, s:ecute, ~ffecl, complete, comply with uu! abid~ by thi~ cov~r?ant, a any part h~nof, ~aid NWRTGAGEE rrwy pl+c~ and pay fw such tnturuxs or any parl thereof wtthout waivir~ « ~ffactir+p ~ny opfion, lien, puity, w riyht undK or by virtw ol ~hi~ Matpap~, u+d the full amounl of each and ~vt?y sucF? payment shall be immediatety dw and pay+ble ~nd ih~ll bear inlerest irom tM dat~ Iht~w( w+rit paid at tM rat~ ol ~ nine per centum pe~ annum and to~ether with such intcreat ~hall be secured by 1h~ lien of thi~ motlyape. ~ ? To permit, commit o~ suffer no waste, impairmeM w deterioration of said property o~ ~~y part thereo~. ~ S. To pay all and iirgulu the costs, cFurge~ a~d expenses, including a re~sonable mwney i f~e and ooats of abih~cts of titl~, incwrsd a paid ~t any tims by sa~d MORTGAGfE, because a in ~he event. of ths failure on Ihe p+rt oi 1M iaid MORTGAGpR ro duly, p.ompty a~d fv11y pKiorm, d~uhary~. execute, effec~, compk~e, comply w~th and ab:de ¢y eech and every the stipul+rwns, agreements, cw+ditions, ~nd aownann of s+id promiuory not~ and thii mor~yaye any u either. and u;d costs. ch~rpes and expenses, each and eve~y. st»II be imrnediately dw and payabtr, whether a not thKt be noriu da mend, attempt to col{ect w tuit pend~ng; a~d the full amounl of each and eve?y tuch payment ~hall bear in~e~e~t (rom tla dat~ tMreof until paid at th~ rate of nine per tentum per aroivm; and ali said costs, cha~ges end expsnses i~curred a p~id, together with such interesL sh~l) b~ Ncured by th~ lim of thiu mortps~a. 6. That (a) in the event of ~ny breach of ~h;s AAortgage w defaulr on the psn of ths MORTGAGOR, w(b) in tM ev~nt ~ny of said avms of moMy . herein nfe.red to be not promprly and (ulty paid wirh~n thirty (307 days next afte~ the sam~ severally become due u+d payabf~, wifhout demend a eatice. or in tM event each snd every the stipulations, agrcer?Knn, corxl~f~ons and coven~nts of ss~d promissory not~ u+d th~~ morro~p~ ~ny o~ ~ither ue no1 iuly, p~omptly ~nd fully pe~iwmed, d~xharged, ezecuted, ~ffected, ~ompleted, compl;ed with ~nd ebided by, tlwn in tither o~ any such ~vent tM a~id a¢ gregate wm mentaned in said ptomisaory qqte then remaining ynpaid. with interest xuucd, and all moneys seCUred M~eby. ah~ll bKOme dw and p~y- able forthwith, or thereafter, at the optia+ of said MORiGAGEE, as (ully ~nd completely as if •11 of ths s+id wms of mon~y vwre wpinally ~Iipul~ted to be pa~d on such day, anyihing in ~a.d promissory note w in this Nlortyage to the contrary norwithatandinp; and there~pon w thereah~r at tM op~ion of said MQRTGAGEE, without notice w demand, suit ~t law w in equity, therefore or thcreafter beg~n„ may bt prosecuted ~s if all ma~tys s~cvrad hereby had matured pnw to ns institutwn. - 7. ihat in ~he event that at the beginning of or at any time pendiog sny suit upon this Mortg~g~, w ro f«eclos. t?, or to refwm tt, a ro ~nfac~ payrrKnt of any claims hereunder, said MORTGAGEE shail apply to the Court h~virg jurisd~ction lhereoi ior the ~ppointment of ~ R~ceivar, suth CouA shall Fwthwith appoint a receiver of said mwtgaged proNerty all and :ingutsr, indud~ng all and singular the income, pro(its, iuws ind revemxs from what~ver wurce de?ived, each and every of wh~ch, it beirg ex~,reuly unders~ood, i~ hereby mortgaged as if specifically set fath snd desaibed in t!?e S~antinp and habendvm clauses hereof, and such Receiver shall have all ~he kxoad and eftecrive funa~ons and powers in anyw~se e~trusfed by a Court fo a Receiver, and such appoi~tment shall be made by such Court ss an admitted equity and a matter of absolute right to ssid MORTGA6EE. snd without r~ferenc~ ro ths adequacy a inadequacy of the vatue of the p~operty mw~gaged o~ to the so+vency w insolvency of said MORTGAGOR w tM. defendants. and that svch renrs, profits, income, iuues and ~evenue~ shall be apptied by suth Reteiver accord~ng'to 1he lien or equity of said MORTGAGEE and tF~ prKtiu of wch Court. 8. To duly, promptly and fully perform, dixhsrge, execute, effcct, complete, comply with and abids by e+ch a~?d every tlr sfipulations, agreements, conditions and covenants in saed promissory nore and thES mortgage set fwth. 9. That in the event rhe ownership of the mortgaged premises, or any part the~eof, becomes vesfed in • penon other th~n fhe MORTGAGOR, th~ MORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal w~th such successor o? successor in interest with referetrce to fhia mortgage and the debt hereby secured in the same manner as with Ntortgagor without in any way vit~atiny or distharginp the Mort~~goq' li~bility FKra under or upon the debt hereby sec~red. No sate of rhe premises hereby mo~tgaged and no forbearance on the p~rt of the MORTGAGEE w~ts waessws or ass~g~a and no extens~on of the time fw the payment of the debt hereby secured given by the MORTGAGEE w its succsuors or assigro, shall opewte ro retease, d~scharge, modify change or affec~ the ocig~nal liab~t~ey of the MORTGAGOR herein, ~ither in whole w in part. 10. It is specutically agreed rhat time is of the essence of this tontratt snd that no waiver of ~ny obliyation he~aunder w of ths obliyatia~ se~ 3 cured hereby shall at any time thereafter be held to be a waiver of the terms hereof d of the instrurt?ant secured herby. 11. In add~tion to the forego ng monthly payme~tt of prin~ pal and interest requi~ed by the promissory note setured heteby, mprtgsgor covenants and agrees to pay to mo:tgagee Kith each mo~rhly payment a~ add~rional sum est~mated by rtwrtgagee to be equal to 1~12 of the annual cost of the fdlow- +ng: A-All real property tax~s levied w assessed aga~~st thc above described real estate. B-Prem~~ms on fire and windstonn :nsurar.ce as here~n requ~red to be carried on the improveme~b situate on the above described premises. C-Premiums on such mwfgage guaranry ~r.surar~ce as mortgagee sfia~l from t~me to time deem fit ro cerry on the laan secured hereby. ~ Mortgagee shall f~em time to time norify mortgagcr in wrifing of the amo~:nt due and payable hereunder and such wm shall thereupon be due and ? payable on tbe due date of the next month;y payment and each successive momh thereafter urtil mwigagee shsll notify mortgagor of a change in wch amount. Such sums shall be app!ied by mortgag?e toward the payment of real property taxes, insurance prem:ums, and mortgsge yuaranty insur~nce premiums. ~ IN Y~ITNESS WHEREOf, the sa~d MORTGAGOR has hereunto set his hand and seal the day and year firtt sfpesaid. ~ Signed, d"vered~n the presence oi: r i aQ ~ / - - Jo nie R Bo t p ; ,1 . ~ . _ %~-•i.- v?~~.. -,L, 1 ~ ~ ~ ~ ~ _ Clara Bell ab~rright ~~,~y STATE OF FLORIOA ~ St . l.uc i e ~ COUNTY OF Before me penonally appeared JQhnniw R. Bo;.t~right ,,,d ~ Clara Bell BOatwri yht his wife, to me well krawn and known to me to b~ ~ fhe individuals described in and who exetuted the foregoirsg instrument, and ackrwwkdged before me thsf they enetufed the sartw fo? tFw purposes therein expresud. And the said Clara BQl~ BOat~rriqht ~ w~re of the ~e~a Johnni,e R. Boatxriqht uPo„ a,ep..,re and priva» examination by me taken separate and apart from F~er said husband, etknowledged.fOR~and befwe me that she execvted ssid irotrument freely and volun- rarily and withovt any compuisan, constroinf, apprehe1nsion, or fear of or from her aaid husband. € WITNESS my huid snd official seal this dsy of Jui A. p. 19 7S ~ fi~EO ~M~ ~c~~ONOE~ _ ~-c~.e-c~i ' ST. IUCiC v~L`!i • ~~sry Public ior the Sfate of Florida at Larye ~ - Focc~.:ot3RAS ~ Rero.~ 70: CL£RK Cf~Li1i! COURT My Comm~u~ expires: Ko4ary Pub1Tc, Store of Flor~da ot forg~ ~ first feder~l Ssvings b loa~ Associat~on Rt :C~.~ YF`t!Ftt17~.....~~ µy Caa~r.rnion E~~i.es lu~y 22, 147% ~ ~ Of Fort V:erce. ~ gpn3¢+1 ?sr Ameri;an i.~c L Gw:'ri ~r. Fort Pierce, Flo~ida ~ I 315 PM 75 ~ - 313~ 4 ~9~7 .~y~. ~ - ~ - ~ This Instrument Prepared By Robert A. S~ishet Jr. First~ Federal Savings & Loan Association ~ - ` ~ ~ ~ of Fort Pierce , Flotida 33450 " ' Q : = J . + a Chetked By ~ _ p-`-1 1 i ~ rr v....~' ~ ~ Y ~UC~~~ •/t,• $QOK~~~ . ~ ~ ~ 1 dz r y..:~ ' ' ~ ,Y ~ 4 - . . . . . i,~~:~:~~L:~ 'Y . - ~ - y- ~ ~:=~ia~. . ~ ~ ~ ~ : e . ,