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s. To plaa u~d contin~owy kNp oe the buildiaps now a MnahM ~ituaa oa said land ~nd on all puipm~nt and p~noeally cova~d by th4 mat~
p~, with ~11 psmivms tMr~on p~~d i~? fvll. fin insuranu ie~ ttr ~w+l sundard potiey fam. in a wm ~pprowd by tFw l1AORTGJIGEE. u+d winJifam
inwra++c~ in tl» uswl sqndard pol~cy fam. in a swn approwd by tM MOItTGAGEE, in auc.1 aanpany a oompanNs a tM MORTGAGEE may
dfnctt and ~II fih u~d wu~wm~ kaw~na polki~s on ~ny of s~~d b+ildir~ any inhr~st tha~in o~ part tM~wf. in tlr sp~rep+te swn ~tor~s+id or
in ~xuss therwf. sMll contain ~M uswl sta~dud matpapN clwq a such ah~r cl~ u tM Ma~pays+ m+y req~rin. m+k{^0 tF?~ low unda? ~aid pdi~
ciN. ~sch and ~vKY. WY+W a s+d MORTGAGEE ss its inta~st mar ~pp~ar. and each and ~very ~~ch policy ~hsll M promptly aas:~n~d M+d delivKSd to
~ny held by said MORTGAGEE as iurtl+K ~ewrity to aaid mwty+~ dabt, +nd. ~wt les~ fhao t~n (10) days In ~dvana of th~ ~xpiration of each pol'~cy. to dh
IivK ro saW MORTGAGEE a rsn~w~l thenof, topetMr with • rouipt fw th~ pr~mium ol u?ch reoewalt ~nd tMn ~hall be no f'a~ w windstwm inw~aou
plaad on anr of said buiid'irgs, ~ny interest tha~in or Wrt tMteof, w+kss io the (or+n ~nd with th~ loss pay~bl~ as ~faaaidt ~nd in th~ ~w+N +ey su~+n
of nan~y becan~s p~Y+ble w~ such PoIkY a P°~'d°s sa'd MORTGAGEE shall h~w ths optan ro r~ceiw and spply th~ s~rM on ~ao~nt oi tM ind~bted-
n~ss s~cyred Mreby o~ to pKmit s+id MORTGAGORS ro rsuiw and us~ it or ~~y part thereof fw other purposes, withovt thereb~ waivi~y w imp~ir-
inp anr p~ity. lien or r3pht vnder or by virtw of this mortpa~r, aed in th~ ~wnt w~d MORTGAGORS sAall tw uiy reason fail W keep tM ~+id pr~miset w
inswed, or f~il W d~liwr promptly s~y of ~aid polici~s of inwranu ro s+id MORTGAGEE, or fail promptly to p+Y h+lly ~ny premium therefw w in u+r
n~ped fail b pMfwrn, dischu~e, execut~, ~ffect. complete. comply with and ~bid~ bY this covensnt, a ~ey p+rt Iwraof, said MORTGAGEE m~y plaa a~+d
WY fw wch Gawane~ or ~ny put tMrwf witha?t w~lvlnp w ~ff~ctinp sey opNa4 (i~n, eQuitY, w rpht under « by virtw of thi~ Maqaqe. H+d tM
fuN .~ma~t of ~ach and ~wry wch paymMt ihsll b~ imn?edi~tely dw and p~yable and shall bear 4+terest from th~ dat~ tMreof until paid ~t th~ ~at~ 01
nir~ pK cMtum pa arowm and to~ether with wch intereat shall be securcd by th~ lia~ of this mort9ag~.
1. To p~nnlt, aoinn?it a wffa ra wast~, imP+i?ment w detaioralan of said propKry or +oy put thereof.
S. To pay sll and sirgular ths costs, ch+~s +r?d e:P~mes, includirg s ressonable ~ttomeY's fee and aosh of ~nacts of titlt. hcvr~ed a p~W at
~ny time by wid MORTGAGEE, b~cauae w in the ewnt of tM failwe on ths put of tlw sald MORTW:GOR ro duly. prompt~Y +^d fi+~~Y Pafa^~, dis~~
sxecvts. ~ff~ct. tanpk» oomply with ud abide by ~ad~ and every the stipulations, agreemer~b, conditions, ~nd ooven+nts of said promiiwry rah and tha
mortp+p~ +nY w either. and s~id oosts. cbuQss a+d expemes, each ~nd evary, sh~ll bs &nn?ecliatey d~e snd p+ysWe: whether w no1 thsn bs norioe d?
msnd, anempt to odlecl a wit p~nd~~g: and the full ~naw+t of each and every wch paYment sh+Il bcw interest from ths dat~ tl+ereof untit piid ~t the
rate of niro pe~ centum per annum; aod all said coats, charges a~d ezpenses incwred w paid. togeti~ar witl? svch ioterest, shall b~ ~acured by th~ IiM of ti~a
mortp~ya
6. iFwt (+J in th~ ewnt of ~ny breacl+ of this Mortgape w defwlt on ths psrl of ths MORTGAGOR, w(b) in the evem any of said sums of monsy
herein nferrod to be no~ promptly ~nd fully p~id within th'uty (30) days next after the same seve~+lty become due end payable. without du++~nd a ~otice.
or W in the ~vent each aad ewry the sNpulatio~?s, a9reameMS. condiYans snd covaanb of ~a;d pran'~sswy ~ote ~r?d this mortyape any o~ athK an no1
~uly, promptly ~nd f~lly perfwrerd, discMrped, executed, eff~cted, compkted• compl~ed with ~nd abided by. then in ather w any such ~wM t!w s~id a~
gre9ate wm mer?tanad io s~id promisswy oote then remaenirg unpaid. with interesl ~cuued, u~d alt mo++eys secvred herebY. sF»II bacnm~ due and psY
able forthwitly or tMrsafter, at th~ option of said MORTGAGEE, u fully ud completely as if al! of the wid wms of money wem orip~n+tly slipulated
ro be paid on such daY. snythi~g in sa~d prom~ssory note e? in this N?e?tgage to the contrary notwithstanding; ~nd thereupon or thereafier a1 ths option of
•aad MORTGAGEE, witFaut notic~ or dem~nd, wit at law or in eqvity, thcrefore a tF?ereafter beyun, may be proaecuted ~s if all naneys a~cvrad he«by
had tnatwed prior fo its institution-
7. Thst in the eveet tMt at ths beginning of w st sny time pending u~y suit ~rpon this Hlortgsge, or b fweclwt H, or to ?efwm it, or M e++fwo~
payment oF ~~y d+ims hereunder, s+id N10RTGAGEE shall apply to the Gou~t havin9 j~risdiction thereof for the appointment of a Recelver, such Caxt shall
fwthwith ~ppoint a rcceiw~ of ~aid mat9aged property all ~nd sirgulu, inclvd~ng all and singular the income, profits, iss~es and rewnues from whatwer
souro~ derived, exh and every of wfi~ch, i~ beirq exprculy understood, is F+ereby mwtgaged as if specifically set forth and desuibed in ~he prMtiny and
habendwn clauses hersof, snd wch Recciver shall Mve all the brosd ~nd effective fvnct~ons and powen in a~ywise entrwted by s Court to • Receiver, and
wch sppoi~tment shall be madli by such Covrt +s an admitted equity snd a m+tter of absolute right to said MORTGAGEE, ~nd without referenc~ ro ths
adeq~acy a in~deq~~cy of th~ vslus of tfie property mortgaged or to the soNency a insolvency of s+w! MOitTGAGOR or the defendants, and that wch
rents, profits, iocome. issues and revenues shall be applied by such Receiva accwding to the lien or equity of said MORTGAGEE and the practice of such
CouR.
8. To d~ly, prompty snd fully perform. ~scharge. e:ecute, effect. eomplete, canplY with snd abide br sad~ and every ths st~pulatiora, agresmeMS,
conditans ~nd eovenants in wid pramissory note and tha m«tgage set fwth.
9. TFwt i~ the event the ownership of the mortgaged prem~ses, or +nY P+rt lhereof, becanes vested in a penon othsr tMo the MORTGAGOR, the
MORTGAGEE, its successort and sugns, may, without no~ice to the MORTGAOR, deal wi~h such waessor or wccessor in iMerest with refe~ence 1o this
mortg~ and the debt hereby secured in tF~e same manner u with Mwtgaga without in any way vitiatiny a discharging the Mortyagots' li~bility hera
under a upon the debt he~eby secured. No sale of the premiaes hereby mwtgaged and no forbearance on the pare of the MORTGAGEE o~ iri suocessors
w ~ssig~s and rw extensio~ of the time for the payment of the debt hereby secured given by the MORTGAGEf or in succ~ssors or sssiynb shall operat~
ro release, dischar~e, modify change a affect the original liability of the MORTGAGOR herei~. either in whole a in part.
10. It is specifically agreed th~t tirt~e a of the essence of this contract ~nd thst no wa'~ver of any obiigatan here~nder w of ths oblipstioo se-
cured hereby sh~ll at any time thereafier be heW to be a waiver of the tams hereof a of the instrument seared herby.
i~l._(n add~tion to the forego:ng monthly payments of princ:pal and interest required by the pranissory no~e secured hereby, mort
and agrces ro~ e with each monthly psyment an addiiwnal sum estima~ed by mo?t9~gee to be an~wal cost of the fdlow-
ing: '
A-All real property taxes (~vied or aucssed against t real estate.
B-Premiums on fire and windstorm iosurance as u:red to be carn overt~es~b situate on the above described premises.
C-Premiums on such mortgage u ~nsunnce as mortgagee shall from time to time deem on the loan secured he~eby.
i Mwtgagee shall from ' o time notifY mwtgagor in writing of the amount due and psYsbk hereunder a s haU thereupon be d~e u~d
paysbk on the d of the next monthly payment and exh successive month thereaftr~ until mortgagee shall notify mortg change in svch
i amount. urtn shall be ~pplied by mortgagee toward the payment of real property taxes, insunnce premiums, and mortgaye guaran nnce
k
IN WITNESS VYHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and r fint •
Sipned, Stsled 'and delivered in the presence of:
4
0
~n
' ~--n
STATE OF FLORIDA ~
ST. L.t)CIB
courm oF
~f~ ~ ~~iYap~ ~ FYank J. Martinelli. Jr. ,,,d
M~ssy Giaee Maztinelli hi. wife, to me we~~ tnown .nd known w e+. +o b.
the individwb dsacribad in ud who executed tl~e for~yoirg instrwna~t. ~nd ,~o~~~d bef ine that they euscuted the same fa th~ qxposes .
Mary Gzsce Maztinell~
r?x..in •~cp.~.sed. Md rh. Fran . Mart ne111 z.
wif~ of tM s+id ~ uPon a sep~rat~ ~nd priv~t~
e:sminaYan by me taken sep~~~t~ and apsrt from her sakl hwb+nd, acknowledged w end beforo m~ that slw exearted said iratrurtam f~e~lY ard ydwr
rarily and withotrf any tompu~sioe, cantnint, appreF»tuion, g fear of w from her ssid husband. -
WITNESS iny hsnd and official ~r~n I-~' d~, ot Masch i` b: ~y b9
µ • ...thi ; ' i
FILED AND RECOR ' ~ ~ ~ ~ ' ~ ;
~ NTY Flf~: ~ary publit in ~nd fa tM S~ .~s :
~ ST. LU C I ~ ~ ~ ~ R { F' E D My Comm~ss~on expir~u : ~ ~ • j , t
Retwn Ta F. E. C 0 ' ~
inps i loan Aawciatan J- ,
~ Firsr F~d.wl Sa~ 1'756i6 +~~iAYy PYBUR iTAiE Of ~ A
Of Fwt Prc.ce. q MY COMMISSIOIv EXPIRESf ~ J:! z
f
o r t P i e r c e, f l o. i d a n f 1 1 W' 1 " G~ ~~eo ~M~oww fweo w,:q ~l,~O~~~ ~
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;.o~T~:,s ~ s=;.;F.
~ This Instrument Prepared By F~-'- • -
First Federat Savings b loan Associ~bCRK CIRCUIT COURT=
of Fort Pierce
_ ~h~~ By John W. Collins
600K 1 J U PACE 5~
~ ~ ~ ' ~ C~
~ ~ -
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4- -w.m.:= 5 , _
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~s°a_-•'C:.~:'k 1 ~ . ~ ~'~S.+Y 'e.~'.'-'F~n~~ .
. ai~`~. ~.:ser°'.~'_.:~.~ .