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~ 3. To plac~ •nd «ntfnuou~ly keep on !he bulldingf now ot he~eefler tltuale on ~sid land a~d on all equipmrnl end per~onaliy cover~d by thl~ mortg•
; ~a, Wlth all premivms ~hueon paid in fulj= ;;re (nsurance in Iha uiual standard polky torm, in a sum approved by Ihe MORTGAGEE, a~d windsrorm i
i~tur~nce In ihe utwl ~~andard policy torSu, In s avm approved by ths MDRTGAGEE, in ~~ch tompany or tompanie~ a~ Ifie A10RTGAGEE m+y }
dlrett~ and ell flro and winds~orm Insvrance policies on any of teid build~ngs, eny IMeres1 tharein or parl thereof, tn the aggregate wm afore~eid or t
In extes~ thereof, ~hail contain the usv~l stenderd matflagcu <lause or tivch o~her clause ei iha hiorfgagee may «qvire, meking 1ha los~ under ie+d poib f
~ tte1, e~ch ~~x1 evQry, peyable to ~aid MORTGAGEE a~ ils in~ertsl ma a pear and each and ever wch I~t ~hall be tom tl ass: ~ed and delivered lo ~
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•ny held by teid MORiGAGEE a~ f~rihet secur(ty to taid mo~tgage debl, and, not le~s Ihan ten (10) day~ in advance ot tha expiration of each pol(ty, Io de• ~
Ilvsr lo ~sid fl10RTGAGEE a renewal ifierecf, logelhe~ wiih a retaipt (or Ihe promium of ~uth renrwalj and tharo shall be no ffre or windslorm i~turonco
plited on eny of •aJd bvilding~, any Inlereit tharRin w parl Ihe~eof, unless in the form end with ~ho loss payablQ as afarataid; and in Ihe event any sum f
s• of money become~ payable under tuch poliey o~ politias taid MORTGAGEE ~hall have 1ha option to taceive and appfy Ihe •ame on eccount of Ihe indebtad-
neis sec~~ed heroby or ro permil seid h4~RTGAGORS to recelve and usa Il or any pa~t Ihereof for other purposes, wiihout ihs~~b~ waiving or unpair•
ing any equity, Ilen or righl under w by virtue of Ihis mortgagej and tn Iha evenl said MORTGAGORS thall for any reason fail to kc~p the ~aid premiies so ~
Insured, or fail to deliver promptly any of said poGcies o( insvrance to ~aid MORTGAGEE, or fail prompNy to pay tvlly any premivm Iheieior or in any
!i ~aspect fai) fo perform, distAarge, oxecvle, ef(ect, complete, co~nply with and abide by thit tove~anl, or any part hereof, said h10RTGAGEE may place and
pay for tuch ~nsurancs ot eoy pan thereof without waiviny or alfecHng any option, flen, equity, or ~igh~ unde~ or by virtua of thfs Mo~igage, and ~ht ~
full smount of eech and every svch payment shali be immedietely due and payable and shall bear intere~t from Ihe data Ihereof uniil paid at the rate ot ~
nine per esntum per annum and toge~hrr with such interest shail be secvred by the lien of thi~ mortgaga. ~
1. To permit, commit ot sufter ~o wasle, Impairmenl or deterio~ation oF taid p~operly or any part thereof. f
e~ 5. To pey all •nd singuler the co~ts, charget and expenses, including a reasonabla atto:oey's fee and cosl~ of abs~racts of title, Incurrod or paid at ~
'~ny time by ~aid MORTGAGEE, betause o~ in the evenl of the failure on Ihe part ot iht :ald MORTGAGOR to dvly, promplly and fuliy perfo~m, di~chargs,
1; sxKvla, effect, complete, tomply with and abide by each and every Ihe stipvlalions, ag~eemenls, co~iditione, and covenants of seid promissory nota and this ~
mwtyage any ar eiiF?er, and iaid cosls, charges and expenses, each and every, ~hall be tmmedialely due and payabtej whether or not there be nottce do-
~ ~ mand, sttem 1 to coflecl o~ wil ndi y p y P !
?i p pe ng; and the (ull tmount of each aRd sver such a ment shall bear interest from Iho date lhereof uroil aid et Ihe ;
rsle of nine per tentum par ennvm; and all said costs, charges and expenses frx~rred or paid, togelher with tuch fnlerest, shall be set~red by ihe lien of thif
~~g~e~ ~
6. That (s) ln Iha evenl of any breach of thit Morlgege or defaull on fhe pa~t of the h10RTGAGOR, or (b) In the event any of eaid t~m~ of money '
hereln refeued to be nat prcmptly a~d fully paid wi~hin thirty (30) days nex~ afier Iha same severally become d~e and payable, without demand or notice, i
;3 • ot (c) In the event each and ~very the ilipulationi, agteementf, condilionf and covenants of said promissory note and Ih~s mortgage any o~ eithet ere nol
. i , ivty, prompfly and (~Ily performed, discharged, executed, eftected, completed, complied rvith and abided by, the~ ln either or any s~ch eve~t the taid ag~
. gregate tum mentio~ed in said promissary ~o1e then remaining unpaid, with Interest accrued, and all moneyt tec~red herehy, shall become due and pay~
~ble falhwith, ar thereafter, at tha option of said MQRTGAGEE, as fully and completaly as it atl of tha said tvms of money were aiginally it~pulalad
fo ba paid on i~ch day, a~ything ln sn;d promissory note or In this Mortgaga to ~ha contrary notwithstandingj and ~hereupon or thereafler at the option of
•ald MORTGI~GEE, without notice or demand, tuit bt law w in eqvily, therefore ot thereafter begun, may be proseculed ai if ell money~ tec~red hereby
~ , had maWred prior to iu tnstit~tian. •
7. That tn tho avant that at the beg(nning. of or at any tima ptrrding any s~it upon 1hls Mortgage, or to foreclose It, or to reform tt, or to enforce
payment of eny claims hsrevnder, seid MORTGAGEE shall apply to tha Covrt hnving (urisdiction thereof tor tha appoinlmenl of a Receiver, such Courl ihall ~
~ fwthwtth appolnt s receiver of taid mortgaged properly aH and singu(ar, (ncludmg all and •ingular Ihe income, profit~, Issue• and revertve~ from whatever ~
wurce derFved, each and every of which, il being expretsly vnderstood, i~ hereby mortgnged as if tpec~fically set forth and described In ths grenting and ~
habandum clautet hereof, a~d such Receiver thall havo all the broad and effative functions and powert in anywisr entrusted by a Court to a Recelvar, and
~ tivch appolntmenl shall be made by such Court at an admittcd equity and e matter of absolute right to tald MORIGAGEE, and withoul reierence to the )
adequaty w Inadequaty of 1ha valua of Ihe ptoperly mortg~ged or to the tolventy or insolventy of •aid MORTGAGOR or the defendants, and Iha1 ~vch ~
~ renti, profitt, tncoma, is?ves end re~enues shall be applied by such Receiver accotding to the lien or equity of taid MORIGAGEE and the practice of tuch ~
~ ' Court.
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~ 8. To duly, promplly ar~d fully perfam, d;stharge, execute, eftect, complete, comply with +nd abtde by each and every the •lipvlationt, agreemeM~, 1.
condiYwru u?d covenan~i in t~id promiiswy note and thi~ mortgage set tath. j
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9. That In the eveni the ow~ership of the mortgaged premisei, or any parl thereaf, become• vested ln a penon olher than the MORTGAGOR, the i
~ MORTGAGEE, tti wccei:or• and assigns, may, without norice to the MORTGAOR, dea! w+lb such sutcesso? or successor in interest with ~eterence to ihi~
; mort9aqe and ~he debt hereby tacured in the tame manner ai with Mor~9agor without in s~y way vltisting w discharging the Mortgagors' liability hera - •
under w upon the debl hereby secured. No ~ale o( the premises hereby mortgaged and no forbearanca on the part of tha MORTGAGEE a ih ~ucceiso?i ~
or ats+gns and no ex?enslan of 1he tlme (w 1ha paymenf of the debt hereby secured given by the MORTGAGEE or itt iuttessots or assignt, ~hall operale ~
lo release, discharge, modify change or affecl the original liability of the MORTGAGOR herein, eilher in whole or ln parl. ~
10. N li specifically agreed Ihat timo I~ of the eisence of this contract and thal no walver of any obligation hereunder or of tho o6ttg~tlon ta
. evred hareby ehall at any time thereafter ba held to be • wsfver of the te~m• hereof or of ths lnslr~men) tecured horby. . ~
1 i, In additia~ to the toregocng mon~hly payments of princpal and Interest required by the promissory nple secured hereby. mortgegor co~enanla ' ~
r and agrees ro pay to mortgagea wilh each monthly payment an addilional sum es~imated by mortgagee to be equal fo 1/12 of the annual cosl of the follow~ ~
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A-All real property taxes (evied or aisessed against the above described real es?ats. '
~ B--Prcmivms on fire artd windstam Jnsvrance as herein requ;red to be carried on the Improvementt ~ituate on the above described premite~.
C-Premiumt on such mortgage guaranty in:urance as mwtgagea thsll irom time ta timo deem fit to carry on the loan setvred hereby.
~IAortgagee shatl irom time to time noiify mortgagor in writing of tha amount due and payable herevnder and tuch •um ~fiall thereupon be due •nd
p~yable on tha due. date of tha next monthly payment and each succetsiva month thereafter untl! mortgagee ihal) notify mort9agor of s changs In cuch ~
amo~nt. Such iumi shall be applied by mortgngee toward tho payment of teal property taze~, Inturonce premiumt, and morigage guaranty (ntur~nce
; ~ pramiums, i
!N WITNE55 WHEREOF, the said MORTGAGOR has hereunto sat his hand and seal the day yaar flrs esaid.
- / t , Sesled and dallv . n t prrsence oft ~ ~~"l~G.~ ~ ~
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W ness Ens~ Lazen y o , a g 'n '
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tness _ Nanc9 Jan o a n e a u ~~+n
_
Se.p i
~ ~ STATE OF fLORiDA , , ~ . ~ ~ 3
~ cr~u?vn of St. Iucie - ~ ss. Rebe Sue oone~ unmarr ed i
. e~fa~ ,~r,«~,,,y ,P~Bt~+ EnQ Lazenb Boone a$ in le adult and Nanc Jane Boone,~~ ~
Q s i nQ l e A G~ t 1 1. t a n d R e b e e c a $ L
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8? 8 0 0 2
1 8~ u n m A r
r 6 d .~,~e~ fo me welt known and known fo rta fo b~
th~ (ndividwlt described in and who exxufed the foregotny Inshvment, rsd acknowledged befora me that they executed tha same for the purpose~ }
theroln expreued. ~f~~he~isflL~. .
• ~riL.clLth~,s~id •a~ew~~s*wrRs+n~eMprlvsNP
Iyy ~rtaw+natiQ~~.rue.tak~a~r{a~ral~apdap~riirwMwMLti~wb~d~.ft~~e~~~+wd~Iwiswww+iul~~~+sid~~nPf~+eql}?w~d~
I~ri~aw~f. ~wl~a wir w~rla+w~ ~e.w~,r.ia?,-~eppeake++sttn+.~ tser~vl~ er-ft~in tner selei-hvsbm~nt!! ,---r-- - '
• WITNESS my h~nd and offkial sea! thi ~ day of D cember . 19 6~.
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FILED AND RECOit M~~ry ublii In e+~dr "r ef.~~~' ~~a,. ~ ;
~ ~ ~ l.~ y a~ on ~xpt
R~t~r~ To: A, nRny~ ~ G~ N; :
Ptnt Fed~ra! Savlnq~ a loan Macfat~b' C~a ~ UUU1\ Not~ry Pub1'K, sat~;~ ~~a,eP~o 7~ : i
of Fon P~erce. eC f i411 Cor~mission Ex I ; ~ '
fon P' td~ 1964 DEC 29 P~ .~7 Yeo.a.i ~^K,. ~ i r,~)'s~~.~~1~~~~.~A ' ;
_ ~ ~I~~~ . 7T~ •G ~j l.h1 . . S
~ . ~ ~ : ~ ~ ~ . - ROG ER P01"I-~AS, CI't~iiC ~''~•~~~'3 - ;
j 4'~!,:~~~E~::::~ ~ ST. LUCIE COUNTI', FIORIDA ~ : :
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