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To pl~c~ ~nd contin~o~sy kNp on tM buitdirqs oow o~ Mr~aftN ~ituat~ on said IMd +nd on al~ equipm~M ~rwd ~
ap~, witA dl pasonally covtred by th4 mat¢
irawurc~ in th~e uswl st+nd~rd Mfa1m, fie a sumf+~ Mowd bswlw~MORTGAGE~E, in
~~~~W~ ~P~ov~d by tM MORTGAGEE, and windsro~m i
Pa~~Y PP~ Y ompanY w comp~ni~s as 1M MORTGA('sEE may
directj ~d aN fin and winektorm irowanp polici~a on My of uid build~np~„ ~ny iettnat t1+Kein o~ put therwf, in tM apq.pa~e ~w++ afonsaid or
ia ~xoas tAereof, ihall contain tM vswl qand~~d mortysy~ dww a wch o~hu daus~ a tM Maty~ may rpvir~. makirg t1+~ 1w~ under ~a~d pol}
ci~a. tach ud ~very. paYabM ?o s~M MORTGAGfE ~s iH Interal may ~pp~u. Md ~ach and tvay svth policy shall b~ promptly ~ss:~ntd and ddiwnd to
any h~kJ by aid MORTGAGEE ai (arthe~ security to ~id mortp~ d~b?, and, oot kss th+n t«? (10) days in advanu of tM ~xpiration of ~sch policy, to d~- '
IivN to aid MORTGAGEE • noewal tMreof, top~~hK with a rec~ipt for tM pr~miwn of wch re~ewalj snd there sMli b~ oo ftn or win~hrorm i~w~anc~
plao~d an a~y of sa3d bvildinQs. any interpt tMr~in or p~H tharaof, unkss In th~ fwm ~nd witA ttN bas p~y~bl~ ~s ~fwes+id~ and ia ~M ~wnt ~ny wn?
of mor~y becoems pay~pl~ undK wch polky a polici~s said MORTGAGEE shall F»w tM optiw~ to receiw and ~pply 1M sam~ ~n account of tl?~ ind~bted~
n~ss sscvr~d Fwr~by a~o permit said MORTGAGORS ro nceiw ~nd ut~ it a any puf lhersof for other purpoaes. wiNw~rt tAareb/ waivi~~ w~mp~ir•
~rg +nY pv~tY. lisn a r~yh1 undet or by virtvs of this mort~apst +~+d ia th~ ~wnt t~id MORTGAGORS shall for any reatoo f~il to katp tM taid pr~mise~ w
tru~red, or fai) b d~livK promptly eny of said policies of iraur~nc~ to s~id N~pRTGJ1GEE, or fai) promptly fo p~y fulty a~y premium therefor o~ in a+yr
napsct faF! b pafam, d~scharys, txecutey effM, compl~t~ oanply with ~nd ~bkM Gy this eov~+?an1. a ~ny part h~~eo;, aaid MpRTGAGEE ma
Y P~ and
p+Y iw such lnwranc~ or any p~N thenof without waivine w ~ffactimp any optiw~, INn, equity. a ripht unde~ or by virtw of this Mortyspa. and tht
full art?a,nt of aach and ewry auch paym~nt shalt b~ immediaf~ly dw and payabl~ ar~d sha!! f»ar Mterest from ths d~t~ thereof uetil p~id ~t tM ~aN oi
nin~ per centum pK anrwm and togethe? with uxh interest ~lull be secv~ed by tM lien of this mottp~e.
1. To permft, ewrv~ut or suffer no wat~, 1mp~ument or dete~ior~tion of said property w ~ny put thereof.
S. To pay all ~nd sinpvlar tM cosb, cMrp~s and expemea, includiny a reason~ble ~ttorney's fe~ and oosts of abstrccts of titte, incvr?ed w paid ~t
a~Y bY s++s! MORTG/IGEE, b.cause or in rhe •venr of th. f:,H,re on ~hs pan of ~M said MORIGAGQR w duly, prompdy ~nd f~lly perfonn~, d~charo~
exKUt~. ~ffed. camplete, comply with and abide by ~ath a~+d every tM itipulations, syreements. cor?ditio% and cov~nanq of said promissory ~ot~ and thb
mcvtpa~e any o? ei~hsr. and yaid cosy, charpts ~nd ~xp~es, ea~h ar?d ~very. shat~ be &nmediarefy due and payable: wherhe~ a not thert M nofice d?
mand. attempt to colled or wit pMd~rgs u~d the futl ~rnount of each aod every ~vch payment ahall bear i~rc.esf frwn ~M date thereof until p~id at tM
rate of ~?ine pe~ oee?tum per arnwm; and all uid cosh„ chuyes and expenses incvrr~d or paid, together with wch intaresf, shalt b~ secured by th~ li~r? oi tha
^+ortp~s~•
b. Th~t In ths wsni of ~ny bread+ of this Nlartga~e w def~uh on the pan of the MORTGAGOR, w(b) in ths went ~ny of s~id wm~ of nwney
herein referred to be not promptly ~~d fvlly paid within th~rty (3p) days neat after the same tevaally becoms due ~,+d payabla. withoul dem~nd o? eotio~,
w W in ths event each snd every the sNputatiau, agr~tm~nq, cond;rions and rnvenanb of sald promissory note and th~s morrpape any or sither an no1
iuly. promptly ~nd fullY pertormed. dischuped. ~xacut~d, ~ffected, complsted. compliwd with a~d sbwed by. tMn in e~ther w a~y auch ~wM 1M ssid aQ
gregate wm mentioned in said promissory note thee remaininp vnp~id, with (nterast acuurd, and a11 mo~oys setured hereby, sh~l! becom~ due ar~d p~y-
sble forfhwith„ a theresfter, at the option of taid MORTGAGEF, as fully ud completely as il ell of the said wma of money were aiginally stipul~ted
~o be pa~d on such day. anythioq in said promiuory rwte o~ in this Mwtps~e to the contr~ry notwithstanding; and ~hereupon « the~eaher at ths option of
said MORT6AGfE, without not~ca or akmand, wit at law or in puity, therefae w 1Mereaha begun, may be prosecuted ss if all mor~ys sacured hxeby
had marured prior to in institution. .
7. That in ths eve~t tl+~t at the beginniny of or ~f ~ny time pe~ding ~ny su;t upon this Mortpaps, at to foreclos~ h, or to ?eform it, or to ~nfwat
payment of any ctaims hereunder, s~id 11,~pRTGAGFE sh~H apply to the Covrt Asving jwisd;ction lhereof fw the appointment of i Receivcv, such Co~n sh~ll
forthwith appoint s receiver of ssid mortyaged property sll snd singuls~, includ~ny aIl snd sinqulu the income. profits. iuues and rovenues f~om what~ver
iource derived, each and ev~ry of whicly it beinp ~xpr~ssly underitood, is hereby mortgaged as if. specificatly Kt fwtl~ and dewibed in the yranriny and
habendum cla?nes he~eof, ond such Receiver shsll Mve ~II ths broid ~nd efiective funct;ons +nd powers in anyw~se enuu~ted by • Goun ro a Receiver. ~nd
•ucfi appointment shall be made by wch Court as an admitted equity and a m+tter of absolute r'iyM ro said MORTGAGEE, and without referance to ths
adeq~racy or inadequacy of the va1~ of the property mort9aged a to the solvency or insolvency of said MORiGAGOR or the defendiros. and that such
renn, profits, income, iuues and revenues sMll be applied by such Receiver according to tM lie~ or equiry of asid MORiGAGEE and the practic~ of s~ech
CouA. ,
S. To dvy. pranptly and fuiiy perfom?, d'acMrge, execvte. effeet, oomplete. eomplY wi?h and abide by eacb and every the stFpvbt;ons, aQreemMts,
conditioru and covenims in said promiuory note end tAis mortgsge set fwth. ~j
9. That in the eveM the ovunership of the mortgaged premises, a any part-ri~eoi. ~ecomes vested in a person other thsn tM MORTGAGOR, th~
MORTGAGEE, its tuctessors a~d assig~s, m~y, without ~otite to the MORTGAOR, deal with such s~o~essor or svocessor in interest wifh refer~nte fo thFa
mort9s~e and the debt hereby setured in the ~ame manner as with Mwtgagor witFwut In ~ny way vitiatug' or dischargirg the Mutysgors' li~biliry h~ra
under w upon the debt hrreby setured. No asle of the Rremises hereby mortgaged and no forbearance on the p~A oi the MORTGAGEE or its svocessws
or auigrnc and w ex?e~+s:on o! the time fw tF~s paym~nl of tM debf hcreby secured ~iven by tM MORTGAGEf or iri tucuessoa a assiyrn, shali op~r~te -
to reteass, discharye, modify thang~ a affect tl+e w'g'u~al liability of the NYORTGAGOR hereuy ~ither in wFwl~ a in part-
10. It !s specific~Ily ag~eed that tune is of the easence of this cont~ad ~nd that no waiver of any obligation heteunder p of ths obliyation se-
c~red hereby shali at any t~ne thcre~fter bs held to be a w~iver of the te~nr hsreof w of ths ir?strumenf sec~r~d he~by,
11. !n addition to the fwego:rg monthly psymmts of princ:pal and interest req~ired by the promiuory nore setured Fxreby, mortgago~ opvensny
and agrees to pay to mortgagee with each monthly payment an ~dditior?al wm estimated by mortyagee to_be egual to 1/12 of the annual cost of the follow-
,
A-AO reat properfy taxd levird or assessed against fhe above dewibed real estata
B--Prem~ums on Iirc arw! windstorm ir?surante as herein requ:red to be tarried nn the improvernents situate on the above desCribed pretnises,
C-Premiums on such mwtgage gvaranty i~aurance as mortgagee sFu11 from time to iune deem fit to urry on the btn secvred hereby,
Nlortgagee shall from time to time notify mwtgagw in nrriting of the amou~t due and payabk hereunder and sutli sum shall thereupon be d~e u~d
cayabk on the due date of the next monthly payment and exh svccessive month thereafter until mortgagee tha11 notify morfgagor of • chsnpe in wd~
amovnt. Such swns shall be applied by mortgagee toward the payment of real property tsxes, insurante p?em:~ms, and mort9sge 9uaranty i~uur~nc~
premiwrp. .
IN WITNESS WHEREOF, the said MORIGAGOR haa hereunto ~t his hand snd seal the day eu first eforesa'
gned, e a del d the preseoce of:
eas ~ ~ ~ 4
~ r;;. .
• DesB AliCe R. Lac~any
~ --q
STATE OA~~ OHIO • ~ •
~ ~
COUMY OF
eeff«e me Peraw~.l~ ,.ed Dezs~ J. Lad~yi
_ Alice R. Ladanvi his wife. ,o ~ w.o k„o~,~, ,,,,d ro m. w e.
the individuab described in and wfa ~xec~ted tM foreyoirg t~utrum~nt, and ~clcnowtedped btfon ms that they ezeaned the sarn~ for tht pwposes
~++e.~in .xp.e,~ed, n~d the sa Alies R, Lsdan f
wFfe of ths s~id DeZ~O .T. L,adaoyi ~~on • s~parate aod privat~
exsm~oation by me tiEa? separ~le aad spsrt from her ssid hvaband, atknowled~ed m and b~fon m~ that she execwad s~id i~trvment hMly and volue.
~arily ~nd without aM oompulsior4 tonstr~int, or fsa of or from her Nid lwsband.
wrrr~rE$,f iti;,"iis~?a ~rew. ofrki.~ s..~ d+r oF October 69
~ D. 19
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. - FILED ANO RECORDy~n' K+^ fa rh~ s~arr o~EIDBiOiIOpeC OHIQ
;~`:~R~+ T~ ~ S~'. lUC1E COUNTY. t~z'A. ""~1°'~. .
F~M Fida,! .'Sarir,~s t,~,o~if
: As~oc+ar;a+ R~ G 0 R t~ V E R t F! E 0
~ ~•Nort `/1(
Kt.," o~nCn . ,:•i. fi :a ~.Uy. COUiiJCS
~ fo,; o,,~,~l~d~.'-_ _ 1(~7~J i..j ~.r~res luno 4. 1973 ~
.:':t,.•'- - '~9 OCt 29 AM I I: I 4 y~- ~
This Instrument Preps~ed By .T. D. Cha?~~
First Federol Savings b Loan Association ~ ~•017R
' of Fort Pierce~ Rlosida CIERK CIRCUIT COURT?
Checked By ,L~- .
do~s~o ~~~s
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