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S. To plan u~d contiewcwsly kep on th~ buildiiqs now a F+Ke~hN sitwN on sa7d land and on ~11 pu1M'k^~ +^d Pw~b ~ bY
•~a~, with dl prNniunw ~her~on p~~d in full, fve i~swanc~ in ~h~ wud surda.d policy fom~, ~ sum ~pprovrd b~r tM MORTGAGfE, a~d windsrorn~
insw~ in tM ww! uanda~d pol+cy fornti in • sum app~ov~d by tM MORTGAGEE; in w~A compa~r or conqvniet a ~M MORTGAGEE .n~y
di~Ktt ~nd all fw~ and w~sarm inwrana pol~ on .ny ol sa~d buiWtnp~„ «qr iRw.Nt ths«in w p~t thenof. in ~ ~pq.paa swn atvr~satd a
In ~xas~ ~he~wf, sMlt conuin ~M ~w+l uandard morpays~ clau~e w wd? aiw~r dauN ~s tM NAort9+~ m+Y rM~?r~. nw?'a~p ~M bu wKla uid po14
ci~s, ~ad~ ~ed ewry. WY~ b said MORTGAGEE as iri h~erest maY +PPN~. u+d ~acA and ~v~.y wcl+ policy ahatl b~ promptly us:~d ~nd d~liw~~d ro
.ny MId br +ad MORiGAGEE u iw~hu s.cu~iti ro sud mo.~~ap. dew. ~nd, ~wt ks~ tMn hn (10) days in advenc~ oI tM ~=pM~tion of ~ad~ pol~cy, to d?
I~w~ ~o uid MpRTGAGEE a reeKwal tAKwf, w~e~Fiw wit6 • tettip~ for th~ p~miwn of suth ~seiewalj and tMn s1?~tl be no fin o~ winds~am M~w~nu
p!acad on a~ of s+id buildinp~, a+y in~a~q t1~~in w pwt ~Aerwf. unless in ~M torm'Md wi~b tM loss pay~bb u~lor~+idr and in rh~ ~wnt u+y wm
of nwr»y becan~s p~yabk w±dsr wch polky a pol;cies s+;d MOQTGJ?GEE ~MII haw ~M optan w hceiw and apply tlN s~rne on acoounl 01 ~M indebtd~
neu usw~d Mreby or a pum~t sa~d MORTGAGORS to nuiw and us~ it w~oy part tl?creof ia o~her pwposes, w;~lwut thxeb~ waivay o~ ~np+K- !
~^9 +^Y ~b. ~i«+ x ~ipht under or bp vir~w of tha mort~a~: anJ in Nw ~vMt stid MORTGl1('iORS s!»!1 fa aMr r~ason (aU lo ke~p tM a~d pr~mi~ef so ~
~nsund, a fail a delivsr proF~aly any of iaid policies of M,~.,~o. a s+~a ~tc~?cE~, o. r.~i ~o.~~iy ro Pay f~ih sny pnmium rhenf~ or in anr ~
r•sp.a /•il a p.rfwm, dischar~e. ~xacut~. ~ffact. compl~M. oomply wi~A ~nd abiJ~ by tlrs cown+nt, w any part he~~o(, said MOATGAGEf may plac~ and
p~Y for wch Laur~ a~ny put ll~erwf without w~lvinp w affectinp ~np optipy lien, pu;ty. a riyAt wd~r a by virtu~ o( th~s Mat~a~. and ~h~
~ull amo~,e~ oi .+cA and ~wry wch p+ym«a s~ti.u b. ~ed~.rNy dw ~+d pyW. .nd sh~u bea. cna..s~ fran ~M da» ~he?eof uru~l pad a~ tF» uh ol
nir» pN pnlwn p~t a~xwm ~nd togsther with sucA interett s1~11 b~ sstwrd by !h~ li~n oi tAis nwrfpp~.
To psrmir. cw~r~rt or wffsr no wa~t~ lmp~irment or d~mior~tion of said prop~.ty or ~ny p~n tlw~of. '
S. To paY ~11 and lu the.cosn„ tharpq aed e: t
s~u PMMS. includinp •~casa»bte ano.~y'~ fe~ and costs of abstracn of ti~la incvrred w p~~d a~ j
•ny ri~n~ by s~;d MpRTGAGEE, becaus~ a in th~ svent d th~ failure on th~ put of tM s+~d M.ORTGAGOR a duly. promptly and fvlly pafw.n, d;scAug~ )
execw~, ~tfect oon?plete. oo.rply w~th and ab+d~ by tach and eve~y tl+~ stipulatiorsa, a~ea.nsnh„ conditiom, and oovena~ts of s~d promiiwry ewt~ and tFw
mw+p+~ +nY or e3Mer. and said cosh. ch~r9es and f:pa+re~, Nch and ~very, sMll b~ inrnsdiat~y dw snd WY+bk: wh~rAsr w ~ot ther~ b~ eaioi ds~
m~nd„ an~enpt a ootkct w wit p~nd'~rg; and tM full anwwM of sach ~nd e~rery wd~ p~ymen~ sAaN ba~a. IINNNt }tQl1? tI1~ ~1~ flftflOf yf1t1) PiifJ al N~!
ra?e ot n~n~ pe. cenrum p~r aru+ven: snd alI ~aid cdsn. cha.gea and expenses a+cwred or j:aid. wped+K w~th such inta~st, sl+ap b~ sacured by tht Iwe of thit
n'utqspa
a n~.r ~a ~ rh. ~t of .~,y b.~+ct+ ot tt,a ~o.?q,~. o. derwn o~ +fie ~ ot ~~atr~ac,oR, or (b) tn the ~vent ~ny of ~s~d arms of money
hercin r~ferred ro be no/ promptty and fvlly p~id within th~rry (30) days nex~ afte~ ~!K iame seve~~lly becoms dw and p~yaoie, vv;tho~t demand w ~otice. ~
u(~ in t!w ~wnf each and ~very tM snpulations agreemenn. condct~ons and covawnn of s+id promisso~y note and tlrs moripage any a e~ther an no1
iuly, prompHY and fully pe.formed. d'acha?9ed, execvted effected, cwnpl~eed, compl~ed w~~h a+d abided ~ay, then in e~the~ a ~ny suc6 ewnt tM said ~g ~
yre9at~ wm mentiw~ed in ssid proen;ssory not~ then ran~'sveg unpaid, with in~e~esl acuued, and all mooeys seaxed herebyy. sMll becorne dw and p~y~
able forthwirh, a thereafte., at the op~an of said MORTGAGEE, u tulty and canpkrely u ii ap of the said swro of moeKy were a~pw+~lly atlpulated
to be paid on wch day, anything i~ sa;d prom~sswy note w in ttrs Mortgsge ta the conrr~ry norwithstand'u?g: ~nd the~rupon a thereafta at th~ opuon of
said MORTGAGEE, without nwice w demsnd, wi~ N law or ie eq~~ty, thcrefore or the~eafrer beguq, may be prosecvted ~s if ~H nprwys sscvrsd hersby
hed matwcd piar ro;n iratinrrion.
7. That in the event that at the beginning of w at any time pending aoy wit ~Ran rhis Mortgsge, pr to faeclos~ H, or to refw~n it, or to enforq
WY~~ of ury d+ims he+ew+der. said MORTGAGEE shall apply ro ~he Coun ha::ng jur~sdK~~on ~hereof iw the appantment of ~ Reccivcv. wcl~ Cowt :hall
fortfiwith ~ppoint a receive~ of said r+w~tgaged property aU ~nd :ingvlu, includug alt and singulu tM income. p~ot~rs, issues and ~evenues fran whatever ~
source darived, each and every of whicM, it beinp expreu;y vnderstood, a hercby matgagtd u if ~pec;fically set fath and dewibed in the pr~mirp and ~
habendwn davses hereof, ~nd svch Rcceiver sh~lt have +U the brwd ud eff~ctive /unct.ons and powas in anyw~x cnuus~ed by i Court to ~ RKlIVN• u~d
s~ch appointment shall be m~de by wch Cwrt u an ~dmined equ;ty ~nd a m~tter oi ~bsolute riyht to s+id MQRTGACsEE, s~?d without ro(erence ro the i
adcq~~cy or in~deqw~y of the wlue of 1he properry mwt9~yed o~ to rhe solvency a insdvency of said INORTGAGOR or the defendant=, and that such t
profin, income ~u~res ind revenues shill bs ippGed by svch Receive~ ~ccordirg to the lien w eq~ity of ~aid MORTGAGEE and the practiu of wch ;
e. To duy, prompu and ful t
Y ~Y P~o~m. dischu~e, execvrc. effect. complete, canp~y with ~nd abide by exh and ewry fh~ stiputations, agreements. i
conclitam and cover.ants in sa;d promissory noro and this mortgkje set fatk ~
9. Th~t in the event the owaership of the mortgaged prem7ses, or ~ny p~rt the~eof, becwnes vested in a penon othe~ th~n the MORTGAGOR, the
MORTGAGEE, its wccessas snd assigns, m~y, without norice to the MORTG~?OR, deal wiih such successor or wccesaor ;n ;nte~est wi+h refcrence to this
mortg~ge and rhe debr hersby secured in the same rnarnc~ u w;fh Mo.rg~gw w~tiwut in aoy way vir',afing a d~schargirg the Nbrtysgors' liabiliry hera
under a upa? the debt hereby secwed_ No ssk of the premises hercby mo.fgsged and no fabearsnoe on th~ put of the MORTGAGEE a in s~cccssors
w assgns ~nd no exrension of the time fw the p~yment of tl+e debt hereby secvred y;ren by the MORTGAGfE or in waessws or ass;g.y, shsl) opaats
ro releue. d"+scMry~, modify cl?~nge or affect the orig~rul Iiab~Gty of the MORTGAGOR here'~n, either in whole or in psrt. -
10. It is spec~fK~t1y agreed that time is of the ess~nce of thn contrsct :,d that oo wirver of any obligat~on hereunder o~ of the oblig~tioe se-
cured hereby sMll at any time thereaher be h~ld to be a wsiver o( the terms hcreoi w o/ the uatrwnent secured herby.
1 t. fn add~tion ro the iwego:ng monrhtyr paYmenrs of princ"p~! and inrerest requ'ued by f1+e prom;sscry nwe secwed hereby, mortgagor coveeants
and sgrees to pay to mortgsgee w;th cach montMy payment an add~rionsl swn esumated by morfgsgee to be eqwl to 1 J12 of the annual cost of the follow-
irg: ,
A-All real property uxes Ievied w ~ssesscd agai~st the above descriyed real estate_
B-Piemiums on f;re and windstwm insvru~ce as hnein reqv:red to be urried on the dnprovemeari situate on the above described premises.
C-Premivms on wch mortgage gwranty iruwa..ce as mortgagee shall lrom Y~me to t~me deem fit ro cury on the Ioan secured hercby.
Mortg+gee shall from time to t~me norify ma~gagw ~n writ~ng of the amount due and paysble he~evnder snd such su:n sha(1 thereupon be due snd
payabk on the dve dare of rhe next monthly payment and each succeuive monfF~ thereafter ur.til mortgagee shall not;fy mortgagor of a change in such
amoun~. Such sums shall be ippl;ed by moregagee toward the payment of real property ta:ss. inwrance prem;~xns, and morf9age 9wra~ty ioswance
premiurns.
lN WITNESS- WHEREOF, the said MORTGAGOR has Fxrevnto set his hand and seal the day snd ye~r fint ~foresaid.
Sgned, Sealed and del
~~d~ t presence of: x~i~~~ .
, cs~•n
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~~n
~-n
STATE OF ~eR+a? N~w ~ ~iQS 1 •
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defon me person~ly appeared PA»l T._ Gn ahnri inn ;
Marv T. ('~ASharinn his wife, to me wetl known ~nd known tu me to bs
rhe ind'n~dwh ~escrGbed in ~nd who executed the foregoi~g instn~t, and sckrawkdged befwe me rhat they esecuted the ssme fw the pwposea
~~«~+.=v?~a. Ma ~ Mary L. Gasbarino
wife ot the aaid _ Ps~ ~l L. Gasbarino ~rpon ~ sepuate privat~
eaamin~Yan by me aken tepuate and apart from her said husband, ~du~ow{edged 1o and befu,e ms tt~~t ~xnvied s~;d instrumcnt freely snd volw~-
rarily and w~thout any compubiory constraint, apprehMSgzn, 04 fear of or frer~ her ss;d Fwsb~nd, - .
WITNf55 my h+nd and officia! seal thi~ ~~~L. d,,, ~ Jarnx~r 68
/ - - A. D. 19
~~rt~ ~Lf
Notary PubtGC in and for the State of i{Niio ~t tarps
Rerurn Ta Mr ~u~ eic~~0
first F~deral Ssvings 3 Loa~ Associat~on ' ' ~~W~N HAMirOND
~ F«~ PK?«. FILEO AND RECORDEO': ~~Y
PK«• f~«~~ ST. LUCIE COUNTY. FLA.'
. RECORD VERlFIED µy~«~~•~d:~:~~~.w,~~~
This in -~-63408 . - ~ ~
strument prepared b~68 JAN f I~IW 10 : 33 • t
first Federal Sav. & Loan Assn. ~ ~
_ t ort ~ce Q~ ~ ~ ~
8 ~c~:;~?~ .~0~ i R:,S 1~
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y , CLERK CIRCUIT COURT • ~ ~
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800J(1~ Pi1Cf~~~~ • . ~
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