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1. ~ I~ec~ a~d coneinuous~y Aeep o+~ ~Ae bui'd~nqs now a Mre~fttr sitwt~ a~ fa~d land and on ail equ~p~*~en1 and p~.sonatiy covered 6y this e+o~1Q~
y~, with tll p~em~u~ns +hcreon pa~d ~n tull, hr~ ~n~ur~nce ~n ~I» usval ~?e~da~d poiKY form, i~ • sum aywo~ed b~ ~M MURiGAGEE. •~d w~~+dstans
~nswance in ~he uswi ~+~nd.rd pol.cv fo~m, m• sum app~oYed by tM MORiGAGtE. i~+ wch compM+y w compa~~ea as ~M MORiGAGEE rn+y
dwecV ~e?d •11 lir~ and Nif1(~fWfT insuraec~ poGcK~ a~ ~ny of sad bwld.npt, any in~~~~~t ~t+ercin or part the~eoi, in the ~py~eya~e wm ~lor~s~id w
in •acesa t!x.eof, sh.ll co.~~a.n uswl y+a~dard maeflaye~ dws~ w such o~M~ cto~s~ as ~he Ma~ya~s~ may ~equ,r~. ma\~np ~hs +oss unde. s~~d po~i-
c~e~. each ~od eve~Y. P+r+b~e ro s+~d MORIGAGEE as ds ~nt~rest may ~pp~a4 Md each ++~d evrry a+ch ~ucr sheif 1x promptly asi y~+ed i~~d de+ivered ~o
~ny held by u~d MORiGAGEI as fw~M~ sewntY to ~aid mw~9ayr debt, and, not less than te~ t~01 days i~ ad.~res o! ~M e•p~~~t~~ ol each po1Ky. fo dr
Gv~r ~o s~~d MORiGaGiE a re.~ewal thereof, topahe~ witA • rece:p~ fa the pre~om o! such re~e+yal; and tlxre shali tx no I~re w wu~ds~am i~su~anc~ _
placed on ~ny of sa~d bui!d.ngs. any u~eerest thae~e or part thereo(. unie» in :he to~m and w~~b ~he Ioss pay~ble as ~ioreu~d: a~d in tM went •ny ~u~n
of m.aney becomes p~Yable ~+xic+ f~,ch policy w°~olKies s+w! MORTGAGEE shall hav~ IF~t ONt~Of1 t0 IKiivd and apFly Ihe u~~~e on ~ccoun~ o~ ~he i~debfrd
neu ucured he~eb~ a ro perm:~ sad MORiGAGORS ~o rece~ve ~nd use it w any par~ nm:rul tw o:~,~•. p.,~F~os~•s. ..,u,•.,,,e ~ti:~.ar wd~~, e. ~~~,po~•-
~ry any eqv~ty, I~en a righl u~ a by vi.rw o~ ~nis ma'9a9e: ~nd ~n ~M •wn~ ~a~d MORT(',RGpRS sha!! fo. any reasw~ fail to keep ~~+e s+~d p~em~ses so
~~sved, or ftil W detiver pro~npUy any of sdid poi~ues of insurance ro s~:d MORTGAGEE, or Fait promptly ro pay fu~ly a~y p~e+mum theretp w in a~~
rei~yd fail b p~rforr ~ d~u~+arge, e:ec~te, eFfecl. cwopl~:te. <anply w:~h and abid~ by th+s cove~+an4 0~ +nY par~ ha.eoi, sa~d MORiGAGEE may p~ace •~O
p~r Fw tuc1~ insur~nt~ w any pan thereof w~t!wul waivinp or atfectinp any option, lien. equ~ty, w rigA~ unde~ p by virtw of t!~is Marya~. and the
full amount of eech and e.~ry such peYmrns shalt b~ ~mnxr~ietely dw and psyabls and sAall tear inte~est from tM da~e ti+ereof v~vil pa~d at the ~a~~ ol
~~ne pe~ cenrum per annu~r o~~d to~rTher v~rth such inu~esr shaii ~x srcvred by tM I~en oi th~~ mortgaga. ;
4. To pKmi1, commil w sutfcr ~o waite, in.paurt~ent a deterioration of s~~d p~ope.ty or ~ny pan tl?e?eof• ~
S. To pay ~Il ~~d s;~gvlar ~he costs, char9es and exper+ses. ~~ciudi~q • ro+sonabk auaney's f~r a~d costs of abstracts of t~tle, inc~~rred w pa~d a~ j
e~y t~me by u~d MORIGAG:f, becavse w~n the e~rent of the fu+wc on ~he Wr~ of ihe said MORiGAGOR ro dvty, promNNy and fu~ly perform, d~uharg~. ~
eaecute, effea, compleie, c~mply v.rth and ab.de by each a~+d eYe~y ~he atipvls~ans, agree.+,enn, cor+dn~w+s. and covenants of sa~d p~omisso.y nofe and ~h~s
.,+or~gage any o~ e~~her. and sa.d coses, charges ~nd axpensea. each and eve+y. shall be immediately dve and payab:e: whe~her a no~ ehere be ~+oe~ce dr
mand, atrcmp~ ro co~ktt or svit pn~d~ng; and the f~ll ~nou~t of each and everY svch payment sMll bea. imeres~ 4rom ~he date thereof u~tii pa~d af the ~
..+re o~ .~~~x ~r~ cr~tum prr a~z~~u~i; arw a11 sa~d costa, cMrges u+d eaix~nxs intw~ed ot pa~d, togathr~ w.~h such intcrrst, iAail be aecured by the lien of tha ~
mort~aQe. ~
6. Tl~at (a) in ihe evem of any b.eech of th~~ Mwtgage w deiault on tAe part of the MORTGAGOR, o~ ;b? ~n ~he event any of aatd sums of money 7
herein reEerred to be ~ot prprptfy and f~:ly pa~d w~~h~n thuty l30) days r.. a~ aiter 1l+e sarr.e seve+afty beco.»e d~e and payable, without demand a ootice, ~
er (c) in the evem each a.x! eve~y ~he sri~wlae~ons, agroemn+ts. co~duia+s and covenant~ o} sa.d p~om~sswY rw~e and th.s ~nortgage any w ei~Aer are no1
i~ty. pra,~pUy and f~ity perfwmed. d acharqrd. cxecuted. effected. completed. canpued w~~h ~nd ~b~dcd Sy. ~Iwn in e~ther w a~y such evam tM w~d aQ
~rcgare wm mennorxd ~n ~a~d Fx~nussury rwre ehen re.naininy unpa~d. with infeaezt accrued, and ai1 monrys setured FKreby. sMq become dw and pay-
eb~e iwthw~th, c+~ therra!re~, at the opr~on ~f sa~d MORTGAGEE, u fully ard co~++plerely as if aU of ~he sa:d sums of money were o~g~..~lly s~~pu:~~ed
to be pa~d on such day, anyth~r.g :n sa.d prom~sso~y note w in tnis Mort~age to the con~~+ry notwi~hsta~d:ng; an~ thcvevpon w thrreafter al ~he op~wn ~f
sa~d MORTGAGEE, w~theua not~ce w dcmand, su~t at law w in equdy, therefwe w thereafier begun, may be prosecuted as if alt moneys secured hereby
nad marwed pr~w to ~+s insnrut~on_
7. That in the event that at the beg~nn:ng of n at sny tine pcnd~rg any tuit upa+? ~h;s Ma tgege, or to (o~eclose it, w to refam it, w to enfo~ce
~:a~menf of any ct~;ms here~r,dar, satd S!ORTC~s~Gff sha~: appiy to the Cov~~ ha~~~~g ~un~d.u~on ~he~eof lor the a~po~~~nunt of • Qcceive~, such Cu~rl sh~ii
icrtl~w~tA ~ppo:nt a receiver of sa~d mwtyaged prooer?y all ~nd sir+quiar, inctud~ng all and su.gular the income, p~ol~ts, issup and revenues han wh:t~vet
scvrce de~irrd. each and every of whkh, ~t be.ng eapressly unde~stood. is hercby mortgaged af it specA~ce{ly xt fa~h a~d descnbed in the pran+ing and i
?~~bendum c~~vses F+creof, ar+d such Receivc~ sM~~ Mve al~ the broad and eifecr~ve funct,ons ~~d powe~s in anyw~se entrusted by a~ou~t !o a Receiver, and ~
s:.ch appoinrmav il+aU be made by such Cowt as an adm;ned eqv~ty a~d a matte+ of abso~u~e r~yh~ to sa.d MORiGAGEE, snd wirhout reference to th~ 1
edequacy o~ inadequacy of the wlue of the prope~ty matg~ged or to the w.vency o~ •nso~rency o( sa~d MORiGAG02 p the de+endams, a~d ~hat such
.enrs, proiits, income, iswes and reve~ues th+il be appl:ed by such Rete~ver xcord~ng to tAe iien or equiry of said MORTGAGEE an~ the p~act~ce ot such .
Court.
8. io duty, p~o~:ptly and futty perfam, d~xAa.ge, e:ecute, efiect, co.nplete, comply witA ~nd ~bide by each and every the stipulatio~s, ~greemenri,
cor.di~iora ano covcnants ~n sa~d pro~~issory note and ~his mortgage xt fwth. -
9. That in the event the ovrnersh~p of the mortga9ed premisea, p any part thereof, becomes vested in • person ether than the MORTGAGOR, the
M.ORiGAGEE, its wcceuws aed assigns, ma/, wifhout nor~ce to the MORTGAOR, deal w~tfi wch successw w successw in mtere~t w~+h reference to this
martgage a~d tAt debf he:cby secu.ed in tht :ame manner as wilh Mo~rgagor without i~ any way viti~ting a d~xharging the Mortyagors' liibility htra
.-+der or upon shc drb~ ne~rov secwed. No sale of Ihe premiyes hereby mo+tgaged a~d no forbearance on the par~ ol ~he MORiGAGEE or its successors
cr ass:gns ar+d no exte~s+on of fhe t~r»e iw ~he payment of the debt F~ercby seturcd 9iven by the MORTGAGE~ or its succeuwa w auigns, ~ha~l operat~
~o release, d.schaege, nwd~fy change or a!fect the orig~nal Iiab:l~ty of tAe MORiGAGOR herein, tither in whole a in part.
10. It is spec~i~calfy agreed ~hat time is of rhe esxnce of th;s con~rxt and that no w~iver oi any obl:gaf~on hereundcr a of the obligstion st
cvred he~eby shati at any t:me thertatter bt hetd to tx a warver ot the terms hereof a of the instrument secured herby_
11. In add r:o~ ro +he ~wego ng ~noroht~ paym~nts of pri~,c pal and iroerest req~~red by the prom~sso~y ~o~e securrd hereby, mortga~w covenants
end agrees te ~ay ro ~:e-!ga~ee aith each mcnrhiy payr..ent an add~rro~al wm es~•mated b~ moitgag~eJo be equai to 1, 12 of the annual cost of the folbw-
~n~: .
A-Ati real prope•ry ra~r: lev~ed o. assess:~d agai•~st ehc abave desc~~bed r^al es~ate.
B-Pran~w•ns on f:re ar.d :v[ncfsror+n ~nsu+arce as he:e~n req~~red ro be carried on the [mprove+neah s'rtuate on the above descnbed prem~ses.
C-P*r~n+~ms o~ s~ch mo•t~ag4 g~a~anty ir.suro.~ce as ~tqagee sha~l from ~.me to t~me dcem fit to carry on the Iwn secured txreby.
INortg.~ee snr' '•cm nme ra f.me ncr~ly mortgagor :n w.~n~g of ~he amoc~nt due and payabte hereundrr and wch su+n shalt thereupon be dve and
:..vabte on `t~ due d-~•e ot ~hr nrsr momht~ payment and each suc.ess7ve month ehcreaher u~,ti1 mortgagee shall not~fy mortgagw of a change in such
i--ount. S.,ch su ^s s^ 5e apE•~,ed br ~~f9agee to+`ard the payment of real property ta:es, insvrance prem.ums, a~y! mortgsge guaranty insursnce ~
i
i p•emiums.
IN WITNE~S t:H:4E7? me sa~d MORTGAGOR has hereunto xt h~s hand and seai the day and year first a es .
1Si9~e}d.( Sea!ed and delive~{e~d' in the presence of: ~'~_Y
{ -j=+s ~A.~n ~/U ~i4 I~~~il~'vJC~_' v~ . ~C~ay
! ~ ~In .
(
_ _
5?ATE OF FLORIDA ~
St. Lucie
~ou~rr oc
e~ta~ a.,o,~nr appeared Franeo Roeolino .~a
JLanita ~~01~:1Q his wife, to me well 4~own and known b me to b~ ;
r!.e ind~vidw+s desu~bed in and wFa executed rhe fore~iny instrum~nt, ~nd acknowI~ ed befwe me that they e~cetuted the same ta the purposes
rhe•e~n exp~essed. /?.~d +he sa~d~ Juanita Rogolino =
~.,fe of the ~~a Franc~ Aogolino _ • se~a?at~ and priwt~
e.am~~~e~on by me taktn u~arate and apart from her s+~d husband, etknowkdged ro •nd befpre me that she executed said irntrument fretly ~nd volvn-
~a-~ty a.~d w~~hout a~y comp~,:s+on. cons~ra~nt, spprchens.on, a~e~ oi or from her said husband_
WITNESS my hand ~~d otfic' 1 ~I th:t ~~i _ d~y of Jul A. D. 19 7t
_ It~ PAIME':t 7~~'ES
RECFIYED s
OIIE ON 'C' 1lITAliGtBlE PER9LfL~1 P'i~~::
pURSIIANf TO C1IAPTER 2C724, ACiS OF 1:l1 tsry Pub~ic in ar,d tor the St~te of Flaid~ ~t lup~
11tl1MM~T~~+~~ ~1~ ~I(CYf~ ~6Ut~ . My Gomm~ssion expi~es:
::..i~.:r. :7~LtC. STl~1E OF FIORIDA At (A1lQE
F~.st ~ede.at Sa ~ 4df'DMII~~'K1^KNOMrIES, ~Q. M1° G~M111ISSION EXPIRES SEPT. Z3. 1973
F o'~~. ~a+~ n~w F~ a~~
ta~t co~kctot • • ~ .
Fo.,°~~i~.~~`? . ~ ~ . _ ' 11~E~3
dL~LGr ~ . . s i ~
B~ 7C~' - _ ' `""~.;.,J. - ~ ii~t? AMO AECo
DEPIl1Y qfRK' : ^ ' • ~ : , ' :t. LU~'.IE ~'i~~INTr~ i
~ " ` a~ ; ~ • 110CER PpITRAi ~
This Instrument Prepared 6y JOhn iJ. CO7:1~Y1s ; CIERI~ CIRCUIT COtl~T
First Federal Savings b loan Association ~ . ~ . REC011G vER~F1Ep..~,,,,,~~
;~'lorida ,c, • ~ ~
, : :
of Fort Pierce s -
t' 2:57 PM' T I
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