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3. To plate and cominuous~y Aaep on ihe bui:d~ngs now or herealter s~tua~e cn s~:d !~nd acd on al~ eq~~;,ment and persona!ly covered by this m.xlg-
~gs, with al) premiums therson pa:d in full, i~re insurance in ~he ~ioa{ sta:~do~d po'~cy to~m, in a s.~« a~.Nr~~ed by thr h1Uk~`vAGEE, and w~ndstorm
iniurante in the usual ~~anJa~d pol~cy form, in a sum approved by the MORTGAGEE, in su:h co~t~µany or co~npin~es as the h`ORTGAGEE may
direcf; •nd all fire and windstorm insurance polides on any of sa~d b.r~,d.ngs, any ir.lerrit ~herem o~ part thc~eol, in tlu aggregate sum afo~etaid or
in excefs lhereof, shall co~~ain the usual sea~~dard ma~ga~ee dause or nuch o~he~ cia.,se aa ~he hlortyegae n~ay ~equ~re, making ~1,r Iesi undrr sa~d poti-
c~es, each and every, pay~bte to said MORTGAGEE as its lrorres+ may appear, a~~d each ar,d every auch po:•:~ shall be urompt~y assg~~~d a~:d delivered ro
any held by sa~d MORTGAGEE as turther secur~ty ro sa~d n~ortgage dabt. and, not !ess ~han t~•~~ ~:0) d~ys ir oJ.ance e1 the exp~rot~on of each poi~cy, to dr
live~ to said MORTGAGEE a renewal thereof, toge~he~ with a rece~pt for ~hc prnm~um o1 s~ch rene~rva+; a~~d ~hr:e shail be no f~rc or w~:~dstc~+n inwrance
plaeed on any of said bvitd~ngs, any interest therem w part Ihc~?A{. v~~~rss ~n ~he form a~~d w~~h the Ioss payab!e as a!o.eza~d; ar.d in the rvent any sum
of money betomes payable under s~ch poliq or poLcies sa~d N,ORTGAGEE sh.,ll have :he eF:t:on ro r~~c•:~ve ~„d apply the ia~ne on acco~.n ol the indrbted-
neu secured hrreby w ro perm~t said MORTGAGORS to rcce~ve and use it or any i~.~~i th~•:_•ot ro, o:~,.~ ~.~:.os~s. ,...:.~t ih:~,.;. .~:~.I:~ ;,r ~n~p,.~r
ing any equ~ty, lien a~~9h1 urx~cr w by virtue of this mo:'gage; a~d in the evem sa.d A10~2fc;AGORS s~a'~ ;or any reason fail lo keep ~he sa~d prem~srs ao
insured, w fail to deliver promptly any of said poGc:es ot inwrsnce ~o sa~d MQRTGAGEE, or t~:; p-~~~~p+ly to ~ay fui:y any pr,:~~uum theielo~ or in any
respect fail to perform, d~scharge, execute, effect, canplete. compty wnh and ab~de by ifi~s mv~~~.+m, or any ~:~rt h.r~ol. s~~d MORTGAGEE may p~ace and
pay fa such irtsu~ance or any pa~t ~hereof without waiving w afiectiry any opnoo, lien, eq~~ty, o~ ~~~h~ ur.,ier o~ b~ v~rtue of ~his Mo~tg.~ge, and the
full amount oi each and e~ery such paymant shall be immed~ately due a„d payable and shall baai inten~st from tha date the+eof until p,;~d at the rate o1
nine pet cMlum per annum ond to~rlh~r w~th suth intr~rst shai~ !~e s.•wred by the lien cf th~s ~i~orty~ge.
1. To pe~mit, comrnit or suHer no waste, impairment or det~~t~or~tion of sa~d piope~ty or any pan tArrcof.
S. To pay all aod aingu'm the costs, charges and expe~zsrs, in.Iud~ng e reasonau!e attcrnry's (er and ees~s of abs~racts of t+tle, ~~curred or paid at
eny time by wid MORIGAGEE, beta~sc w in tFx event of tlx fa~iurc on thr part of ~hr naid MORTGAGOR to duty, pranNHy and fu~ly p~rform, d~scharge.
execute, eifeU, complete, comply w~th and ab:dr by each and every ~hr 31~~~~•Id!~OnS, dy~fi~~`~•-~~t5. CJ~~~~hO~~S, dnd cove::ants oi sa~d pran~>sory note end th~s
mortgage any w ei~her, and sa:d costs, charqe~ and expenses, each an:! every, she~l be ~~,:n,~d~at~!y due and paynbi~; wherher or not rhere be ~o~~ce d~
mand, ditempt to cOlletf or Sui1 pend:ng; and Ihe full amouM of each and every such pa~:nrnr sii~ll bra~ mt~•rest fram the date thereof ~ntil paid at Ihe
~ate o~ nine per centum per annu n; and al1 sa~d costs, cha~ges and «~e~~ses irxvrr,:d or pa~d, !og~tii~~r ~n~th s~ih ~merrst, tt~all be stc~red by the 7~rn of ~his
mwipage. ~
6. That (a) in the ::vent of any brzach of thls AAortuage or defau!t on ?F~,: part o} 1'OR1G~IGQR, or ,61 ;n the event any of sa:d sums of money
herein referred to be not prpnpfly and fu~ly pa~d within th:~iy ~30? deys n~xt ait:•r ~he s_-~~~e se~era ty Eeco~~~e d~e ancJ pa~ab!e, wntwut de~na~d or nerite,
or (c) in thr evem each and every 1he stipu~at+ons, agreements, cond~:io~~s and covenanTS ot sa d pro«ussu~y not.~ and ~h s nwrtgaye any or either are nol
iuly, prompHy and lully perfonned, d:scharged, e,eec~ted, elfected, complrted, conpi~ed .v~ih and ab~ded Sy, then in e~the~ or any such event the ~a,d ag
gregate sum mentioned in ;aid proir,issory note thrn rema[n~ng unpa~d, wrth intrre;t a:.~~ed, e+~d a~i mor,cys sec~red her~by, s~~all becume dve and pay-
eble forthwith, or thereafter, at tF~e opnon of said h10RTGAGEf, as fuily a~x1 complete!y as ~i a1i of rhe sald surns oi oney were ong~nally st~pulated
to be pa~d on such dty, anything in sa.d prom~ssory note or m this Mortgage to the contrary no:.v~~hst~~:d;::g; aud therev~n or thcrealtrr a~ the option of
said MORTGAGEE, w~~ho~t nonce or demand, suit at law or in eGuity, thereiore or therea'tter bog:,n, may 6e presecutcd~as if all moneys secured hereby
had maNred pr~w to ~ts ~nsi~t~tion. J
7. That in the event that at the beginn~ng o~ w at any time pending any s~:t upon th~s lhnrtgage, o? to forectotc it, or lo reform i~, or to en(orce
payment ot any cla~ms he~eunde~, uid MORTGAGEE ahatl apply to the Court havir.g ~u+ud.c::un the~eoi for ~he appon me~t of a Receiver, such Court shall
forthwith appoiM a rxeiver of said morfgaged prooerty all and singular, ind~d:ng aIl a~ed s~ng~ ar the inconee, prot~ iu~es and rcvenues iro~n whatever
sovrce derived. eath and evrry o~ ~.rhlch, ir being expressly unders~ood, n::e:eby mer~g.~ged as spec:i~calty set th and deuribed in the granhng a~d
habendum clavses hereof, and such Rece~ver shall have all thr broad and effec+~ve fur,:~ en: a.,d po.ven in anyw~se enrrustrd by a~o~n to a Recriver, and
such appointment shall be made by such Court as an ad:nitted equ~ty and a matter of abso!urr r:gh~ ro said MORTGAGEE, a~d wiihcut reierence to tha
edaquacy w inadequacy of the vai~e of the property mortgaged or to the so:vency o~ ~nsd..ency of said h10RiGAGOR or the defendanis, and rhat sach
renfs, profiri, income, issues and revenuea shail be appl~ed by such Receiver accord~ng io tt.e i~en or equity of said MORTGAGEE and the practite of such
Lourt.
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8. To duly, prompt;y and fully perform, dlscharge, execute, cffect, comptete, ce~-,N.y w:rh and abide by each anrl ev~ry the stipulations, agreementa,
conditions and tovenants in sa~d promissory note and th[s mortgage set forth. '
9. Tha* in the event ~he ownersh~p of the mortgaged prem~ses, or any part thereot, becomes vested in a person ottxr tha~ the MORiGAGOR, the
410RTGAGEE, its successors and ass~gns, may, wi~hour nonce to the MO~TiGAOR, deal w~th svch s~ccessor or successw in Gnterest w~~h relere~xe to th~s
mortgage and the deuf hereby secured in the same manner as w~th h•,ortgago. w~rhout in any way vit.ating w d~scharg~ng the Mortgagori liabii~ty hert
~~der w upon the dcbt hr rby secured. No sale of the premises hereby mo~lgagrd ard no forbearance on the part of the 1i11d2TGAGEE or its s~cceswrs
or ass~gns and no exre~son of the time for the paymer.t of rhe debt hereby secwrd g~ven by the MORiGAGE~ or its successon or au~yns, ahall operate
ro release, d~scharge, mod~fy change or aftecr ti:e or;g,na~ liao~iay of the M~RTGAGOR herrin, e~the~ in who!e or in part.
10. It is specifically agreed thjt time is of the essence of th~s co~tract and that no waiver of any obGgat~on hereunder w of the o5ligation se- ~
cured hereby shall at any time thrreafter be held ~o be a waner of the terms he~eol w oi the insrr~ment secured herby. }
11. In add.t:o~ to fhe fo~e o n month' e m~nts of ri^c •>v~ and inte:es~ re~u~red b the rom,sscr nore scc~r~ hereb mort a ar covenants }
9 9 vP-v P ~ ~ r F r 99 y
~nd agrees to pay ro martgagee v~~sh each monrh•y payr-ent an add :~onai s~m est :•.ated b~ mortgagee to be eq,~al to 1, 12 0: thr annua! cost of the foilow-
~ ng:
A-All rea! property taxas lev~e3 or ass•~ssed agai•~st the above desai5cd r,al est.ne. ~
' B-Prc^:~~~:,s on fire and w~ndsrorm ~nsuracce as here~n requ;red to be ca~r~~ d en tne :m,:roveme.its s:tuate on tha at=ove d_za~bed premises. i
C-Premivms o~ svch mortgage g~aranty ir.sura~~ce as mortgagee shat! fro.^ r me to !r~~e deem i~t to carry on the foan secvred hereby.
Mortgagee shai( f~om time to time r.~tify mort~agor ;rt wr,t;ag of 2F.e a•rou~t d~e and payabte h~r2undrr and such wn, shall thercupon be due end
cayable o~e the due oate oi the nr~t month:y payrnem and eaci~ wccessive ~romh thereaficr u:.tii mcrtga~ee shalt norfy morrga9or of a chartge in such
j a•-~,ount. Such sums sha'~ be app~ied by mortga3ee toward the payment of rea! property taxes, inwrance prem.ums, a~.d mortgage guaranty insurance
~ ~.•emi~ms. ~
IN \YIT Y.'HfPEQf rhe s+d MORTGAGOR has hereunto se+ h~s hand and seaf the day and ye " ~ b~oreu~
Si~ ted a e(i in the presence of:
i t~ ~aq
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t~~. ` ~IEy[a~eared JOhri R. Lupu ar~
~ = - . . ~ ia C . Lu u
' - his wife, to me well known and known to me to be
tlT~~r ' •+~!l~~i~ ind wbo executed the fore~oirx~ instrumeM, and atknowledged before me that they executed the same fw the purposes ;
: l,.. • • ~ i 9 . pu }
; ~?,~~~~~e~?s~:ee.,~,~~et?Q.~~~d- V r inia C I..u -
v ~
,~vife 6G,~~Eald John R• I.11
u~_ - upo~ e xparate a~d priwte
~ e~aminatib~ by.~+p tY~te~ separate and apart from her sa~d husband, scknowledged to and before me tha~ ahe executed said insrrument freety and volurr
- rarity and w~tlw~t any compuls~on, consrrainr, apprehens~on, w fear of or from her sa~d husbard.
WITNESS my hand snd official seal th~s__ ~~i~~~ day of_-_ ____E a A. D. 191L_
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s: - ~ . _t 7ll.l <
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~
Notary Pubfic in and for the State of FX~~d( at Large J
My Comm~;s:on eapires: Q}~10
- Return To:
First Fedtral Savi~gs d loan Assoc~anon ~IN~A f'ASCUTE i
4
Of fort P.e~ce N,~;ar~ F'.r.;:; , 1+::•:.r:u'i Cuuntq, Ohio
s Fo+t Vie~ce, ftur~da Y.` C4'~~t:~SIGt. EXPI~:~~ A.`G 15 1~73
~
g_~,~ z 06 85~
~
~ This Instrument Prepared By Richa rd K. Kayes f~lEO AMp qECORQE
~ First Federal Savings 8 loan Association sT Rp~~~R pa~T~a l~
~ of Fort Pierce , Florida ~~fRK Ciq~~~T ~OURT
AE~ORO VERIFIEO-
~ Checked By - '
~ ~ ~ 1 ~s ~M'll
eo~ ~
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