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3. To place and :onti~vous~y keep on :fu bui:d~n9t ncw e~ herealtr~ futuate on sa~d Ia~~d a^d an all eq~ipmenf and penonaily covered by 1h~~ ma~9-
ags, w~th ali pren,~unu ~hrreon pa:J fuli, 1ue insura~ue ~n the usual srendard po'~<y fo~m, in a?.,m a~.N+ov~d b~ the h10k:~AGEE, a~d wmdito~m
~~su~ante in the uwal f~.tndard pot.cy to~m, in a wm approvrd by ~h~ MORiG~vtE, in weh co~r.pany or co~~~y,ames as rhe MORTGAGEE m+y
d~rect; and all fire ar.d w~nds~orm inw~ance po!~c~r• o~~ any of s~~d bu~~d•ng~, any ~n~r~c+i thaein or pa~~ ~h~•-rof, in the agy~•:ga+e ium ato.esaid or
in extess Ihereof, shall co~tam the us~al strnJord mort~agee uause or such u~her clause as the Alwtyeyee ~»ay requ~re, maA~ng thc ~osa wxler te~d polr
c~es, each and eve~y. payab~e to se~d \tJR1GAGfE as ~ti ~r.~errst may appes~, a~xl eaah a~~d e~ery wch ~.a .cy sl:~tl lx ~,rwnp~ly ais gnrd a~~d de~~vered ~o
sny held by se~d h1ARIGAGEE as ~urrhtr secunty to se~d ~~:ortgage drbt, and, not less than ten (10) o~~s in aJ•a~ue o( the eapua~~on o~ eech pohty, to de~
l~ve~ to ie~d 1~10RiGAGEE a rtne~+a! Ihe:eo4, together with a rr<eipl }o~ !he premi~m of wch renc.~.: ; a.d there sl~~~~ Lr ~~o I~ie or vv::~dsto•m insurance
plated w+ any of sa~d b~:idax~t, o+~y +ntcrest thero~n w part the~eol, un!ess in the form and w~ih ~he toss pay~ble as ateresa~d; and i~i the evenl any som
of money beco:+,ef payable undrr wch pol;cy or po6cies sa~d M~JhiC•AGEE sha~i have ~he oHnun ro rrc_••.c ~~~d ap~ :y ~%ir se ~~r on auo.,.~~ o~ the ~nclubted~
neas secvred lroreby or ?o pennit sa~d MORTGAGORS eo reccrve and use i~ or any p,,.r ~h.,,r~i ~,x ~,:,,.r e,h c~ ~~np..r..
iry a~y equ~fy, Gen pr r~gM undrr w by virtve oi thb mocegaye; and in the ev~m sa.d MOkT(~AGORS sha!I 'or any lC31U/1 fa~t 1~ Arep ~he sa~d premisrf so
in~ured, w iail ?o del~~er ~.anptiy any of sa~d poGt~rs ot ~nsurance to sa:d A1U~TGAGEE, e~ t.,~! pron~piiy ~o pay fu :v any p~e~~n:• n ~hr~cfor or in a~y
respect fail ro pe~form, d:scharge, eYecute, ef(ect, cauptn~e, co•np2y wi~h and ab~de by th~s cov~•~ant, w any E...~~ hcrroi, ti~~d M~iRi~ AGiE may piace a~~d
pay for suth ir~surance or a~y part thcreof withovt woiving w aHecting any opt.on, fien, eq~:ty, or r~gM u~.ier o~ bV vl~tve ul th~s Mo~tgage, end the
1u11 a~ncwM of each and e.ery such peyment shall be mi~ncd~atcly d~e and payable and shail hear ~ntcr~st lrom rhe do+e thc~rot until po~d at the rate ol
n~~~e pa~ centum per an~wm and t.~rther v~i~h such inte~rst sha~~ be srcured hy tl~e Gen o~ th~i morlgayr.
1. To permi~, commit or suffer no waate, impaim~ent or deterioranon of sa~d proprrty or any pa~t th_•reof.
5. To psy a~l and sing~tar Ihe costs, charges ar.d expe~ses, ;nciud,ng a rresonab~e atrornry's f~r and cests of abstractt of tire, incu~red o~ paid at
any time by said MORTGAG:E, beca~se or in the evero of the }a:lur~ oo thc part of ~he sa:d MJRiGAGOR !u duly, pro,nN~iy and ?~:ly pariorm, d~schar9e.
e.ecute, effed, tanple~e, compJy M~th a+~d ab:de by each and rvery uie st~p~•.at•ons, agrre,~~.~ntt, to~,cl~no„s, and cove ~ants of sa~d pro~~i:ssory nott and th~~
mwtgage ~ny or e~~her, and sa:d costs, charges and exprnses, each and evrry, sha~l be im^,.,d~ete:y d~e and payeU~u; v.hrther o~ nor t4:=re !;e no+~ce d~
.*~.and, attempt to collect w suit pead~ng; snd the ful! anw~nt ol each and every such pa,mr.m s~~:.Ii bea. ~n~cies~ irom ~he daie therewf until pa~d at ~he
::!e oE n~ne ~xr cc~r.,m i.er an~~„ n; cnc! a~l sa~d tosts, chn:qas and c.,:.•nsea ~nc~rred w pa~d. tuyether ~vth wch i~ite~rst, s~all be scc~red by the i~en of th~s t
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mortga~e.
e. That (a) in the event of any b:each of this Mo~tgage or de(ao:~ o~ ~t~~ pa+t of the AtORTG:IG=`P. or ;b! rhe e~rn~ any of sa d wms of money
he.rin referred to tre r.ot pron+ptly and t~Ily pa~d w~rhin th ~ty (301 da~s ~~exi a'~•_r the sa~~:c save~a :y brco-~~r_ d~e ~nd payal~te. wlclw~t demand or no~ice,
er (c) io the e.~e~~ eech a~x! every the stlpu,ar~ons, agrc~me~~ts, co+~d~f~a~a a corenants of aa d t~or•~~sswy no~e and fh.s nw~tgage any or e:ther are not
i~ly, promptly and fu~iy per~o~~r,ed, ds~hargrd exec~ted, effecred. :dn~e~ ~pi~ed w~th aqr ~~yd:d yy, then ~n eahe~ o~ any wcA evem the sa~d ag~
gregate wm ment~urzed in 3a~d pror.~~ssory note thrn re~na~ni~ ~~~paidy w1A~~st ac;:ued;'aa~a7~ ~~~~~~•~s sc.u~ed hrreLy, sha~l b<come dve and pay-
a5:e forthwith, or ~hereaf~er, at ihe cpr:o~ of sa~d h10RiGAGEE, as fu:~y a~xi comp!etely as'ii ali of ~b~ s.:•d s,,:ns o4 .r.oney we~c o~~gcnally st•p~:ated
to be pa:d on such day, a~yth:ng in sa d pran.sswy note or in ~h~s Mortgage to tne Contra~y not ~~thsta•.d:ng; yod ~F~er~;;}~en or thrr~-aher at the opnon o(
s~:d MORTGAGEE, ~n~tho~t nonce or drmand, s~•it at law w ir. eg~ity, thrrelore or thereafre~ L~eyun, may be prosecuted as ~f a11 moneys secured hereby
njd maWred pnor to rts ~nshtunon.
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7. That in 1M event that at the beginn~ng of or at any time pe~~d~ng any suit ~pun th;s ldo~tgage, oa 1o (oreclose it, or to reform i1, or to enfores
FaymeM of anv c'a~ms hereu^dcr, sa~d R1pRT;aAGEE sha:l app•.y ta the Cev~t hav~ng ~w~sd•ttion thr~rof for thz a~:HO~nhnent of a Rece~ve~, such Covrt sha~l
Ferthwith appoint a rece+.er of sa~d mortgaged proo.:rTy all and singu~ar, inc[~d ng a~l and s~ngu~ar +f~e incon+e, prof~ts, issues and revenues irom whatrver
se~~ce der~ved, each ar,d every of wh.ch, it be~ng esp:ess'y ~nden~ood, ~s he~rby mo~rqog_d as ~f spec:{~cal,y ser forth and descnbed in the granr,~g and
nrt.endum ciavaes he~rof, and ~~ch Recee~er~sha!i have ali the b~oad and etfec~~Ye fu~~: e.:s and po.re,s m any..•~sr en~rus~ed by a Co.,rt to a Recriver, and
s_:h appoi~imem shai~ be made b, such Court as an adrieted eq~ity and a matter of aG~e~ute ng~~t to sa~d A!JRiGAGEE, and wiihe~t reference to the
edequaq a inadeq~acy of the vaiue of ~he property mortgaged or to the so,ve~cy er ~nsu:vency of sa~d MORiGAGOR or the defe~~dants, a~~d that such ~
re~~~s, prohts, incwne, iss~es and rever.ues ahaff be appi~ed by svch Rece~~er accord.ng ~o the ~:en or equ~ty of sa~d MORiGAGEE and tht prad~ce of such
CJU(t.
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8. lo d~'y, prompcly and ful~y pe~f~rm, d~scharge, execute, e~fecr. co~r.piere, cor.:~.ly w~+h and a5~de by each end every the stipuiations, agreements, ~
c~n~iYans and covrne~rs ~n sa~d pro•nissory nore a:~d 1h:s mo~tgage srt iorth
9. That in the eveot the ownership o( the mortgaged prenuses. or any part tnc.eof, 6eco:nes vested in a perso~ other than fhe MORTGAGOR, Ihe
:'ORTGAGEE, its suc.rssors and assgns, may, wifhout notice to ~~e MOR7GAOR, d~t w:th s.:ch successo~ or s~.ccessor ~n ~nterest w~+h reference to this ~
~ o•~gage and the d=b+ hereby sec~red i~ the same manner as w~th ;der~gagor wohout in any way v~~.a~ing or ds:ha+g~ng the ?dcr~gagori Iiability here-
::^der w utwn the drbt herebv secu~ed. No safe of the Frem~ses hereb~ moitgagrd ard no fort,earance o~ tt:e part oti the ~dORS(iAGEE or its successors
r. ass~gns and ~o eate^s~on of the t;me fo+ the paymem ot tne deb! herc~y sec.,red g~ren by tha MORTG~GEE or its w.cessors or ass gns, a;~aft ope~ate • i
~o reiease, d~scharge. m.od~}y change or affect the ong~nal Ga~.i~ty of ~ne MORiGAGOR herr~n, eitl~.er in whoie or i~ pa~t.
, 10. It is apec~fica!:y agreed that time +s of the essence of th~s contract and that ~w waiver of any oo';gat~on hereunder w of the obli9ation se-
c~red hKeby shat~ ar any hme tF?ereafter be held to be a waiver of the terms he~eof w of the ~nsuument tec~.ed herby.
11. In adi.t to the forego ~`+onth!y paym:nts of princ ~~l and ~nterest required 'oy the prCre~s>cry no'c stcu•ed hCraby. mortga~or Covenanfs
3^d u~rees to ;;a, vo rr:c-tgayee vv~th each menrhiy pay~ :ent an add~~~una~ sum_~st:..•a+ed u~ mo:tg,,gee to be equa~ to 1, i2 of t:tie a~•nua! cost of the fo~iow-
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A-AN rra` property iaaes ie•.~ed er assesscd aga~~ut ~hc a6ave desr.~bcd rea~ estate.
B- P+a•r _,s on f:re and w[ndsto•m ~nsvrarce as he:~'in req~ red to be can;~d o~ thd, irn;~?ovzmetls s~tuate on Ih~+ a6ove drscribed premises.
! C-Prem~~~•~s o~~ s;;ch mo~+:~,ge gua+an*y ~ns~ra~.ce as mo~syagce s1•a'1 !roa t.me ta ti:nc d~em fn to carry on the loa~ secured hereby. !
F µaTg : ~=hti t, to e,•ne r.cr~f} -r.o•tyager .n wnt~r.g oF the a~rov~t d.ie ana payab!e herr~ndrr and s~ch n sha'! t~ereupo~ be due and
.>.able rhr .,r oa•a of +F,e r.••.T ~:o~th:~ p~y~n~•~u and eech auccess~~e r*o•~th thereaftcr w~ti! mcrTgagee sha!1 not~fy~ortaagor of a change in svth
f , e,,nt. ch s~ s s'~r. ae ae~ ~ed by mo~tgayee ~o+~ard the payment cf rea! properrT taxes, ins~rance pren-:.~ms, apd mo~tgage guaranty insurance
~ c•emiu r i
`,t E~: '.+N:V_a~ ~he said MORTGAGUR has here~~to set his h~r.d and seai ~he day aRd year fw~t'a~wesa~d - `
~ • " ned. Sea: ~d del~~ in t presence o(: " /^C~~ ~~~1~~'
~ ~ 2 j~ . ,n ,
~ ~_,vi ness K . C~, ~z~ . i~. f,y. ~ _ • e - - - cs~.q ~
~ - jy' ~ ~ ts~.~~ ~
nes a a . .i 3
~ / / ~ !f i°32 t (Seaq
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~ S ~ %.TE OF ~ Nex Tor
~ 55.
~ ~ouNrv oF li/~tc~irc~t~P ~ _ - -
o~ Aamor?IC Peter D. Albertini
defue me perwna:ly sppeared ~~d '
~ _ CiBY'/~~8 I• Alb@I'E~[l~ _ h~s w~1e, to me well known and known to rrK 1o bs ;
~ ~he ind~viduals deuribed in and who executed the foregoin instrumcnt, and acknow:edgrd be re .e that they exec~ted the same (w the purpofea
~ therein exprefsed. And tne saSd- C82~~18 1 . ~b82'ti~l~ - _ -
~ «+!e of the ~~a ~~r D• ~~I'ti~Il~ ~ vpo~ a separat4 and privat~
~ e.aminat:on by me takcn stpera~e and apa~t from her sa~d hvsband, acknowledged to a~d fore me hat she exetvted said inatr~ment freety and volun-
~ ~aniy ~nd w~thcut any computsron, C9~Stre~nt, apprehe~s~on, or ff~r of or fro~; her sa~d usband.
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- _ da of _ _ - ~ A. D. 19 ~
4 WITNESS my hand and offic~et seal th;s. ~~S Y
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. . Notary Publ~c in end for the State o~ pe
r - , My Gomm,ss~on eapires:
. . r,~ Jo:
r= p~-~~ ` RICHARD VAN VLACK
ti FirM'f~t~~Siv~N~'~ loan Associat;on ~
~ °-.-'C~,~IA~ Notarf Publ~c Sta~e ot f~lew YOrk .
.P.eice No. bV 'l 39:i0 . ~
' fOr1 1je?tc~ile~da Quai~fied ~n Puinam COUnty V;, f:
~ ' ~ - • Jerm Exp~res Marcn 30, 197t ~L -
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~ ~ ~ - : ~ ' ~ ~r~ ~A
~ • ' ' f ' .r ~ ~ ~7?(,~ ~ ~ • .w v ~ ~
3< Braun
.~s tciyfrori~ent Prepared By ~iu. E.
: c~ S .'r~ ~o. : .
- Hnt~federal~SeL?ngs b loan Association ;:.~s ;L~.
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~ . of Fort Pierce~ Flo1'id8 J:; , b10 iJ
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Checked By - - ''~II01(~~ ~ %t ; ~ ~
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