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To plau and continuovsy kNp on tM buildinp~ now or hae+ha sin++N u~ s~td land ~nd on all equipn+~nt and p~non~lhr covKd bY Mis narq~
ap~, with ~U prNntw*i? tMnon p~~d in fu14 fin insu~anc~ ie t1+~ us~~) iqndard policy form, ~n a swn approwd by tF» JNOR~GAGEE. ~nd winduwm
Nawana in tM usual au~dard pol~cy fwm, in a swn approv~d by TM MORTC~AGEE: in wch coenP+~Y a comP+~ies u th~ MORTGAGEE may
d;nctt ~nd ~II fin ~d wiadswrn+ inwrana policist an a~y of s+id b~iid~egs, any IMKeat t1+K~in w parl therwf, in tl» a~rpat~ wm ~fonsaM a
In ~xoas rherwf, ahall oomain tM wwl standxd morryspN cla~ a such or1+K ci~us~ a tM Mat9+9~+ e++y nqdu~. ^+~kM+p tM loss undM uid poiF
ci~s, Nth and ~wry. paYabl~ b said MORTGAGEE q iri intKest may ~ppNt. a+d aach and ~wry such poticy ~hsll b~ p~oen=?tfy ~u:y~+~d ~~d d~tivaed to
~ny Mld by said MORTGAGEE as fwtMr s~cwity ro s~id mortpsp~ debt, and. not Mss tMn t~n (10) day~ in ~dvaeo~ of th~ ~xpir~tion of Nch policy. ~o dr
liwr ro Nid 11110RTGAGEE • ren~wd tM~wf, to~~M~ with • rec~ip~ iw tM p~mium oi such rNaw~lt u~d ~Mn sh+tl b~ ~o fit~ or winclstam le~wr~na
pl~pd on ~ny of wid buildi~gs. ~ny iota~q tMr~in w p+n thKeof, unless In t!~ fwm'and with tM bas payable u afor~iaid: and ie tM event any wn+
of mawy bcana paYaW~ w?dN wch policy a polici~s said MORiGAGEE shal~ h~w tl+~ op~ion to ncaiw and ~ppty tM ~an+~ on acoount o? tM ind~btd~
nass a~cw~d henby a w permit said MORTGAGORS ro reo.iw and vs~ N or ~ny psrt thereof fw othe~ pu~poses, witlqut the?eb~ waivinp or ~mpair•
inp ~nY puity. liw~ w ripht w~der a by virtu~ of thq mwtpap~j ud in tM ~vent s~id N10RTGAGORS sh~ll fw ami nata+ f~il to kt~p tM s~id pr~mises a
I~sw~d, or iail to ddiwr promptly ~ny of said polici~s of ins~.snu ro said MORTGAGEE, or f~il pra++ptly ro p+y ivty ar?y pr~miwn th~r~ior or i~ any
nspM t~il b pafo~rty ~'ischuy~. ~xen+M ~ffxt. canplet~. comply witl~ and ~bid~ by this cownant, or a+y put hKwi, s~id MORTGAGEE m+y plac~ and
paY fa tuth ley~ranct ot My p~rt tMrwf without w~Ninp or aff~ctinp ~ny oplioA, li~n, p~rity. w ripht u~ a by vi~tue of tF?i~ Mort9sp~. and tht
i„u a~+o„~+r of ..c~+ .~+d .w.y wd~ P+ym.m shau b. i~+m.d~~.ty dw .~d P.r.a. .~+d ~a ~a. ~+t...st t?w+~ rl,. da» rh.~eo1 until paid M th~ ~at~ ol
nin~ pK oentum p~r aneNMn and topetha wiM wcA intaat shall b~ s~cured by Nu ti~n of this morf9+p~.
To p~rmit, oon~mit a wffer ~ wut~, tmp~Gment a~fKiOt~tipl Of Nld (lfOPtfty O~ M~? pY1 fIM~lOI.
S. TO p~y ~II ~ N~~QYIY tIN ~O{t1, CFM(~!f i~1d f7cplf?M!. NK~t1di11~ i flifOMW~ ~t1Wf?!y's fes and oosta of sbstrsds of titl~, ir~rt~d o~ p+id at
any tirn~ by said MORTGAGEE, bsuus~ a i~ th~ ~vent of the fsilun on ~he pa?t of the said MORTGAGOR to duly, pranptly ~nd fully perforn?, d~sch+~
execv~~, ~ffsct. oompkt~. oomply with and abid~ by ~ad~ and ~very rh~ stipulatio~s, ayreema+n, conditio~a, ~nd cown+nb of ~aid promissory nob u~d thu
^wrty+y~ anY or ~ithK, u?d said cw~s. cM?qes and ~xpe~res, each ~nd ~vKy. sMll b~ irrwnediat~ly dw and p~y~bb: wAetM+ a ~01 there b~ notice dt !
mand, atf~mpt to co1Nd o~ wit p~nfiinps se~d tM full amo~nt of sach and ewry wd+ p+ymeM ahsll beu interest hom tM da1~ th~reof until p~id at the ~
rate of nirw per tentum pe~ atenum; and sll ssid tbsts, chu~es arx! expenfes ieKVrred o? p~id, topether with such iotarpt, sMll b~ sacwed by tM li~n o1 thif ;
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e, That in tAe event of ~+y brssch of Nds Mo?ty+p~ w def~ult on tM put of ths MORTGAGOR, or (b) G+ N+s wa+t ~ny of s~id sw+u of nwn~y (
henin r~fured ro be not p~amptM and fulN paid within thirh (30) days next ~fter the same seve?ally become due +nd payablt, wi~Favt d~mand or notice. ~
or tcJ tn 1M ~wnt esch and every tl+~ :tipvlations ~gr~ments, conditions a~?d cown~na of sa~d prorriisswy note +~d th7s mortqape ~ny a eithtr ~r~ no1 ~
iuly, promptly and fully performsd, d~xMr9ed, executed, effected, completed, compl~ed with ~nd abided by, tFwn in eithK w ~ny such ~wnt tl+e said a~
prey~l~ wm m~ntiwwd in said proni~ssory note then remaininp unpaid, with intertst ~ccrued. and all mo~eys secvr~d hereby. shall becore~ dw and p~p ~
able fwthwith, a thKSafte~, at tM option of taid MORTGAGEE, u fully and con+pk~ely ss if ~II of ~he wid wms of money wer~ o~gin~lly st~pulated ;
ro b~ paid on wch day. x~ything in sa~d promiuay note w in this Matyage to tM ca+rrsry ~otwithstandinp: u~d therwpo~ or thereafter ~t the option of ;
uid MORTGAGEE, without norice w damand, w8 at ~a~r or in puity, thcrefore or thereafter begun, m~y be proxcuted u if all r.~o~ey~ secured hereby t
had marw~d prwr ro in insr~w~io~+.
7. That in tM event that ~t the begieninp of w at sny time pending soy wit upon this Mortgsge, w to fweclose it, or to refwm it, or to enfo?c~
paymant of sny daims hereunder, s+id MORTGAGEE sMll apply ro the Court havinp jw~sd~ction thereof fw ~he appantmr?t of a Receiver, such Ca+rt ihall
Fo?tFiwith appoiM s receiver of iaid mortgayed property all ~nd sinpulu, inclird~ng all ~nd singular the inmme, p~ofits, iswes snd revenues from wh~teve~
wwp daivsd, ~ach ~nd every of which, it beinp expreuly understood, is hereby mortgaged ss if specifically set fath and described in the ~r~nti~g and
haba~dwn clausa hereof. ar~d such Receiver ah~ll have +11 tF~e broad and effective funct~ons ~nd powers in anywise eotrusted by a Court to a Receiver, ~nd
~uch appoirum~nt shall be msds by such ~ow~ +s an admitted equity and a matter of absolute rght ro said MORTGAGEE, snd without reference to the
~d~quacy a in~deqvacy of the wIw of tl~e prbperty mwtgsyed w to fhe so~vency w insolvency of said MOQTGAGOR a the defendants, and that such
renn, profita, incane, iuues u+d rev:nues shall be applied by tvch Recciver accwdiny to the 1'ien w aquiry of said MORTGAGEE snd the practice of sucl~
Court.
8. To duly, promptly ~nd fullp perfwm, dischsr9e, execute, effect, complete, comply with ~nd abide by each u~d every t!a stipulatiau, apreemenb,
cnnditaro and oovenants in said promissory note a~d this mwtgsge set forrh.
9. That in tM event the ownenhip of the mo~tga9ed premises, or any psrt thereof, beaomes vested in ~ person other than the MORTGAGOR, tl+~
MORTGAGEE, in tuccessors snd supns, may, wifhout ~otice to the MORTGAOR, desl wifh such wcceuw or wttessor in interest with reference to this
mwtp~ ~nd the debl hereby setur~d in the same man?ci as with Mortgayw without i~ any" way vitiafinp or distharging the Mortgagors' tiab~lity here
under w upon the debt hereby secvred. No sale of the premises hereby mortgaged and no fwbearance on the put of ths MORTGAGEE or iti svccessws
~ w auigns and ra ex:eosion of the time fo? the payment of tAe t~cbt hercby secured given by the AhORTGAGEE or its_ wcussws or assi9ns, shall operat~
ro rsleas~, discMr~a, modify tF»nge w affect the origiaal IisbiGty of the N10RTGAGOR herein, either ie wFwk or in part. .
10. It b specifically ayreed that tirns is of the essence of this contrsct and th~t no wsiver of ~ny oblgaYron hereunder w of tM obl'gation se-
a,red hereby shall at ~ny time thereafter be held ro be a waiver of the terms hrreof or of the instrument secu~ed herby.
11. In ~ddition to the forego:ng monlhly paymeMS of princ:pDl and intcreat required by fhe promissory qote secured hereby, matgagor covenanfs
a~d ay?ees to Pa~ ro mo.~9sgee with each monthly payment an add~tionsl sum estimated by mortgagee to be equsl to 1/12 of the annual cost of the follow-
A-All real properry ta:n kvied or sssessed against the above deuribed real estate. .
6-Premiums on fire and windstwm irK~w~nce as herein requ~red to be carried on the improvemtnts situate on the sbove desvibed premiies.
~ C-Premiums o~ such mortgsge 9usranty insurance as mor~gagee shsll from t~me to time deem fit to c~rry on the loan ucured hereby.
~ Mort9agee shall from Yune to time notify mortgagw in writing of the amount due and pay~ble hereunder s~d such wm shall fhereupon be due and
~ payabb on the due date of tM next monthly payment and each sutcessive month thereafter until mortgagee s!?all notify mo~tgagor of a change in such ~
~ amount. Such sums shall be applied by mortga9ee toward the p~yment of real property taxes, inwrance prem:ums, and mwt9age guaranry inwrance
~ p~emiurns.
; IN NlITNESS WHQItEOf, the said MORTGAGQR has hercunto set his hsnd and seal the day snd yeu fint sforjqid.
and deliY~r~d in pr~senq f• ~ 1
~ ~'~,~,4.~. ~ t
1 • ~ {
l~'i ' ~.c~P.~s~ (S..n
~
i n--n
STATE OF fIORIDA ~ i
St. Lucie t
courm oF `
~,a„~h,~.,.~ Josenh DiFrancesco ,,,d E
~ Ma~ DiFrancesco hi, W;r~, to r,,.u know~, ,na known w n,. w b.
H?~ in~vidwb d~wib~d in a.d wfio ~a~cuted tM fwpanp instrum~nt, ~nd adc~awledged b~fwe ms tMt they a:acuted tM same fw th~ purpous `
.,a.,..d, A„d H,. .,;d May DiFrancesco ;
~ a~M Md Jose~h DiFrance9co opon a sepant~ ~nd privat~
•xanin~tion by m~ tak~n s~paran ~nd apan (rom he~ said husband. .dcnowledped ro a„d befo.• m. tF?+~ sM •xea,t.d s~id ie?strum~nt fredy ~vid voluo-
?~.itp and w~tAan wq con+putsion, cautraiat, spp.~ a f~x of a from ha s~~d hwb+nd. • L~
WITNESS m~? fwd and offitial wal thi~ day af A. 0. 1952~.._
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~ Not+ry Public in a~d lo~ th~ StaM oF Fbrida at t~r~
~ My Comrnwan ~~ra. 2 ' 7
~ RNun+ Ta ~ ~
~ fifq ftdltd S~vinp~ ~ lOM1 AfsOtiatiOn . • . .
~ 01 fort P~erc~.
FI~ED AND RECORDED MYT
OI1A~uj``p~,tj ES NOv~~A26T j'9R~E
w.+ P~«~.. Fb.d, 8T. IUCIE +~OUNTY FL~i. ~~o Tn~IVY4M .,~~o p.~..
~ . ~ ~ . ~ ` i~ r V F i F ; r s•~Q~~ ~ . ~I `
~ t 1 ti.ti'.' . i
~ 1ss38~ ~ ~ . -
~ Thrs rrtstrument prepared by 'S6 AP~ 22 P.~I 10 : I 9 ' ' .
~ Frst Federal Sav. b loan Assrt. , - - - - . ~
~ of Fo~t Pierce ~ , . _
gy D. Chastain c: :•p~Tp: t;
CLERK CIRCUIT COURT " -
..•T . • r.
d00x 171 PAGf 1537 s:, rb
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