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3. To place and continuously keep on the buildings now a hereafter situate on said land and on all equipment and personally covered by this mortg•
age, with all premiums thereon paid in full, fire insurance in the usual standard polity form,. in a sum approved by the MORTGAGEE, and windstorm
irtsurarxe in tM vswl standard policy form, in a sum approved by the MORTGAGEE, in such company or companies as the MORTGAGEE may
dtrKtt and all fire and windstorm insurance policies ore any of said buildings, any interest therein or part thereof, in the aggregate sum aforesaid a
In excess (hereof, shall contain the uswl standard mortgagee clause or such other clause as the Mortgagee may require, making the lou under said poli-
c+es, each and every, payable ro said MORTGAGEE as iri interest may appear, and each and every such policy shall be promptly au~gned and delivered to
any MId by said MORTGAGEE as further security to said mortgage debt, and, not leu than ten (10) days in advance of the expiration of each policy, ro de•
liver ro said MORTGAGEE a renewal thereof, together with a receipt for the premium of such renewal; and there shall be no fire or windstorm insurance
placed on any of said buildings, any interest therein or part thereof, unless in the form and with the lou payable as aforesaid; and in the event any sum
of money becomes payable under such polty Or policies said MORTGAGEE shall have the option to receive and apply the same On account of the indebted-
ness secured hasby a ro permit said MORTGAGORS to receive and use if or any part thereof for other purposes, without th:reb/ waivi~ig w rmpair-
itg any equity, lien w right under or by virtw of this mo::gage; and in the event said MORTGAGORS shall for any reason fail to keep the said premises so
insured, or fail ro deliver promptly any of said policies of insurarxa to said MORTGAGEE, or fail promptly to pay fully any premium thCretor or in any
respect fail ro perform, dixharge, execute, effect, complete, comply with and abide by this covenant, or any part hereof, said MORTGAGEE may place and
pay for such (nwrance a any part thereof without waiving or affecting any option, lien, equity, or right under or by virtw of this Mutgage, and the
full amount of each and every such payment shall be immediately dw and payable and shall bear interest frgpo,)Ftes~at~eNheDreo~f urtttl paid at the rate o1
nine per centum per annum and together with such interest shall be secured by the lien of this mortgage. 1'T~I``LEEUDDCIE ECORDED
4. To permit, commit or wffer no waste, impairment or deterioration of said property w any part thereSof.•. nRnCOUNTY, ~Lf~,
S. To ~~~ r'b~h tts~~l~~il~{r}red or d at
pay all and singular the costs, charges and expenses, including a reasonable attorney's fee and costs of a ~I and full r xhar e
any Ytme by said MORTGAGEE, because or in the event of the failure on the part of the said MORTGAGOR to duly, promp y Y pe 9 .
execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions and mvenanri of said ~ to and this
mortgage any a either, and said costs, charges and expenses, each and every, shall be immediately du t J ethane notice do-
mend, attempt ro collect w suit pending: and the full amount of each and every such payment shall rnt~~eh i~p1~~fy,~f~pard at the
rate of nine per centum per am,um; arw all said costs, charges and expenses incurred or paid, together with such interest, shall 4s lien of this;
~0+9e• ot
fl. That (a) in the event of any breach of this Mortgage or default on the~part of the MORTGAGOR, or (b)ROI~: ~T~(`e~~~id sums of money
herein referred to be not promptly and fully paid within thirty (30) days next after the same severally becof*t ~ue,anc~p~ao , + demand or notrte,
or (c) in the event each and every the stipulations, agreements, conditions and covenantor of said promissory` note at~irl iN,ii rtaottk pg~ ~ rther are nol
duly, promptly and fully performed, dixharged, executed, effected, completed, complied with and abided Sy, then in either o- any such e~ the said a¢
gregate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall become due and pay-
able forthwith, or thereafter, at the option of said MORTGAGEE, as fully and completely as ii alt of the said sums of money were originally stipulated
to be paid on such day, anything in said promissory note or in this Mortgage to the contrary notwithstanding; and thereupon a thereafter at the option of
said MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted as if all moneys secured hereby
had matured prior to iri institution.
7. That in the event that at the beginning of or at any time pending any suit upon this Mortgage, or ro foreclose it, or to reform it, or to enforce
payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof for the appointment of a Receiver, such Court shall
forthwith appoint a receiver of said mortgaged property all and singular, including all and singular the income, profits, issues and revenues from whatever
source derived, each and every of which, it being expressly understood, is hereby mortgaged as if specifically set forth and desuibed in the granting and
habend,tm clauses hereof, and such Receiver shall have all the broad and effective functions and powers in anywise entrusted by a Court to a Receiver, and
such appointment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without refererxe ro the
edequst:y or inadequacy of the valor of the property mortgaged or to the solvency or insolvency of said MORTGAGOR or tFre defendants, and that such
renri, profiri, income, iuues and revenues shall be applied by such Receiver according to the lien or equity of said MORTGAGEE and the practice of such
Court.
8. To duly, promptly and fully perform, dixharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreentenri,
condiYtons and covenants in said promissory note and this mortgage set forth.
9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the
MORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal with such successor or successor in interest with reference to this
mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating a discharging the Mortgagors' liability here-
under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE or ifs successes
or augns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGE£ or its successors or suigns, shall operate
to release, discharge, modify change or affect the original liability of the MORTGAGOR herein, either in whole or in part.
10. It is specifically agreed that time is of the essence of this contract and that rw waiver of any obligation hereunder or of the obligation se-
cured hereby shalt at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby.
11. In addition to the foregoing monthly payments of princ'pa) and interest required by the promissory note secured hereby, mortgagor covenants
and agrees to pay to mortgagee with each monthly payr.,ent an addirional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow-
ing:
A-All real property taxes levied or assessed against the above described real estate.
B-Premiums on fire and windstorm insurance as herein required to be carried on the improvements situate on the above dexribetf premises.
C-Premiums on such mortgage guaranty insurance as mortgagee shall from. time to time deem fit to carry on the loan secured hereby.
Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and
payable on the due date of the next monthly payment and each successive month thereafter until mortgagee shall notify mortgagor of a change in such
amount. Such wms shall be applied by mortgagee toward the payment of real property taxes, insurance premiums, a~xl mortga a guaranty insurance
premiums.
IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and r st a esaid.
Signed, Sealed and deli red in tfte presence of: t
~!~*~~ itn s f r Antointett 'n
i ss" ~ i c~o~t ester P sciotta aq
T i~c~o~t~ r Sylvester 4
s ~c~o~t~ r Antoinette Antoinette P sc otter rsea~
~ isc~o~t~a r Sylvester
STATE OFD NSW JERSEY
ss.
couNtr of
Before me personally appeared ~~
Antoinette Piseiotta hie.~wife~to me well known and known to me to be
the individwle• desuibed in and who executed the foregoi instrument, and acknowledged before me that ~~ executed the same for the purposes
therein expressed. .Awiafte ores ~]~( Sn
wife..aE.thejaid -"°""'r ~"°~~ P~1°
__~_'--~--•- by. err .iakaw-aa'arate •+wd. apa~F iron- tsar ~saii JsuaMwdr +akwawiergai ao-nwd befe-e• me Mtsl-shr exe~etet} said-+ratrsn+ent-(redT wed-~rsbrr -
.tarily-w+i ~rithoot-wyr ssn+pslsro*TeonslreiM~aPPreheasww-~ 4earof-o-~rsrw fte* maid-hvslrw+dr ,
WRNESS my hand and official seal this a2.S-'~~ day of AuQUSt ~ -;.IL p, 1969
This ins~truKment prepared by: ;s~~,,,::::a,tr,,,;~r~r,
Fi rst~edeiaia~avings and Loan Association Notary Public in and for the Sta1! of ~ ,J~Trf~y"• ;:.
P . O . Box 249, Fort Pierce, Florida My Commission/expires: ~ C' ,•
Return To•. ~~ / _ Gl~ri~ ..yam` /--~ '~t. ". .
first federal Savings d, loan Association,Fort PierCe,f+ la • (/)"`'-`-'f/ '`a'~_ v: ~ ~ - __
STATE of FLORIDA NOTARY PUBLIC ~ ~1~,lER_.SEY ~'iy
counlnr of St . Luc ie ~ ~' MY COMMISSION EXPIRES l~l~, 1970,.-~ _
Before me personally appeared Sylvester Piseiotta ,~ •~~~a•~- ~'~-'~"~' ~~~
..
the irtdividwls' desuibed in and who executed the for instrument, and acknow ~ftle•w+Fe;~!q.~
egoing kdged before-'rrtq~hrfl
therein expressed. ~latd` tft~ ~a~ - - ^'
•'iwi~ltr~d'kstowtrl`b cot ro be
!1 11te same for tfte purposes
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-euarnirwtia+•bp~na~eakwrsa~ta.awl.ap~asslrav.Lan.aaidbusbnob+akaowfatlgatib-aadbafot~asrittft~~, sd~iti+ltt++oeatJwll~~id.Y~4Vt
larily~.ard.witlswrt.asst',cars~padsion^tewsiraiW,~appra4eatioal, iaa~wf..otirars-i>»ssaid.hrsband. .
WITNESS ttty hand and official seal th:• trZ ~Z~ day of • , ~ t' ~ ~, C~ - ~ ti D. 19~2~
i'~"
~ ~ ~ "j~ ! Notary Public in'a~,fo~'1~l.State of Florida st large
[1(JQK ~ ~ ~Af E ~, 1 ~.~ My Commission expires: />. _ s~I~~ --