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To place and conr~nuously keep on the bu~'d~ngs now or hereaiter ~~tuate on sa~d Iand and on alt equip~nen~ and pe~so~ally covered by this mo+ a~e, w:~h aU prem;ums th~reon pa~d in fu~i, fire inwra:~ce ~n iha usuat smndard po!tcy fo~m, in a sum approved by ~he MOR~GAGEE, and w~ndiro nw~ance in the usual standoid pol:ty }o~m, in a s~m app~o.•ed by the MORIGAGEE, in svch company o~ compa~ies as the A'IORTGAGEE m d~rect; and all fire and w~ndstorm insura~ce poiic~es on any of said build~ngs, any interast ~he~ein or part thereof, in the aggregate sum a(oresaid in eacess ~hrreof, shatl contain the usual standard mortgagee clause or such other ciause as the Mortgagee may requ~re, ma~ing the ioss unde~ smd po c es, exh and eve~~r, payab!e ro said MORTGAGEE as its interest may appear, and each and every such poiicy shall ?x promptly au gned a~d de~~vered i any held by sa~d MORfGAGEE as further security to said n~a~gage debt, and, oot less than ~m (10) days in ad~ance of 1he expirat~on of each policy, to d~ Gyer to said h10RiGAGEE a renewal fhereof, toge~her with a receip~ for the premlum oi such renewal; and there shall be no fi~e or windato~m insuranc p~aced on any of sa~d buildmgs, any iNerest therein w part thereof, unless in the fo~n and with Ihe loss payabfe as aforesaid; and io the eveM any sun ot money becomes payab!e under such policy or poGcies said MORTGAGfE shail Mve rhe opnon ro recaive and app!y ?he same on accoun~ ot the indabted n~-ss sew~ed he~eby or ~o permit sa~d MORTGAGORS to receive and use it a any part thereof for o:ir_r purF~~aes. ,.~~hout ~h_•.u~ w~i~in~ cr unp,iir ' ~~9 any equ~ty, lien or right uotkr w by virtue of this mo:'gage; and in the event wid MORTGAGORS shatl for any reason fail to keep the said p?emisas so ~nsu+ed, or iaii to de~~ver prornptly any of said policies o1 i»surante f0 said MORTGAGEE, or tail promp~Iy 1o pay lully any pre~~~ium therefor w in a~y respect tail ~o perfo.m, d~scharge, eaecute, effec~, complete, co:npiy wiih and abide by th~~ cove~an~, a any par~ hareof, sa~d MORTGAGEE may place a:~d pa; 1or such insurance or any part thereof w~thout waiving or a(fecting any option, lie~, equ~ty, a ~;ghf unde? or by vir~ue o1 this Mwtgage, and the t~il amo~nt of each and e~ery such paymem shall be immediately due and payable and shall bear interest from the date thereoF until paid at the ~ate ot ~~~e per crnt~m per a~nu:n ar,d to~ethe~ with such in:eres~ shali be sacured by the lien Of this mwtgage. 4. To permit, commit or su(fer no waste, impairment or deterioration of said p~operty or any part thereof. ~ 5_ To pay all and singutar the costs, charges and expenses, including a reasonable attorney i fee and costs of abstracts of title, incur.ed or paid at ~~,i time by said MORTGAGEE, because or in ~he event of the fa~lure on the part of the said MORTGAGOR to duty, promptly and fully perform, d~scharge, _ a_ cute, effect, canp:ete, comply wah and ab:de by each and every the stipula~~ons, agre~;ments, cond~tions, and covenants of said p~om;ssory note and ~his ~:~rrgage any or e~~her, and sa:d costs, charges and expenses, each and every, sha~l be immediately due and payabie; whether or not there be no~ice de 4 ~:~~~d, atte~npt to collect or suit pending; and the ful) amounl of each and every svch paymem shall bear interes~ from the date thereof untit paid at fhe o~ nine per crnt~m ~r anuu~r, and ali said casts, charges and expenses incuned w paid, together wdh suth interest, shall be secured by the tien of this 7 mortgage. ! 6. That (a) in ~he event of any breach of this Mortgage or default on the part of the MORTGAGOR, or (b) i~ the eveM any of sa;d sums of money t,~~r;:;n referred to be r.ot prompfly and fully paid within thirty (30) days next afrer the same severa;ly become due and payable, without demand or notice. cr (c) in the event each ar.d every the stiputations, agreemems, conditions and co~enants of sa.d promissory note and th~s mortgage any or either are not ~ i~'y, promptly and fu11y performed, d~scharged, executed, effected, compkted, complied with and ab~ded Sy, then in eirher w any svch evtnt the sa~d ag ~ _•_gare sum mentioned ir~ sa+d p.omisswy note then remaining unpaid, with inferes~ aurued, and all moneys secured hereby, shall become due and pay- ..u.~• forthwith, or thereatter, at the option of said MORTGAGEE, as ful~y and completely as ii atl of the said sums of money were ongfiaily st~putated be pa;d on such d:.y, anything in sa:d promissory note or in fhis Mortgage to the tontraty notwithitanding; and thereupon or thereafter al the option of ~ s~ d MORTGAGEE, w~thout nonce or demand, suit at law or in equity, the~efore or thereaiter begun, may be prosecuted as if all moneys secured hereby ~ r._:d matured pnw to its institution, 7. Thai in the event that at fhe 6eginning of or at any time pending any su~t upon rhis Morrgage, o. to foreclose it, or to reform it, or to enforce i ;.,:ment of any cl,~ims hereunder, said MORTGAGEE shatl apply to the Court having jurisd:ction thereof (or the appo~ntmeM of a Receiver, such Court shal! ~ rhwizh appoint a receiver of said mort9aged property all and singolar, includ~ng all and singvlar the income, proiits, issues and reven~es from whatever _ ce derived, each and every af wh:ch, it beeng expressly understood, is hereby mortgaged as if speciFicalfy set fatn and described in the granting and ~ _endum ua~ses her~of, and such Receiver shall have all the broad and effective funct,ons and powers in anywise entrusted by a Court to a Receiver, and ~ 5 appo~~tme~v sFall be made by such Court as an admi~ted equity and a m.atter of ah:olwe r~ght ~o sa~d MOR7GAGEE, a~+t! w~thout reference to the :.auUcy o~ inadeq~acy of fhe value of the property mortgaged or 1o the so~vency or ;nsolvency of said MORTGAGOR w the defendants, and that such ~ • ~s. profits, inco~ne, issues and revenues shall be applied by such Reteiver accord:ng to the lien w equity of said MORTGAGEE aad the practice of wch Courf. B. To du1y, prompt;y and ~ully perform, dtscharge, execute, effect, completr, comply with and abide by each and every the stipulations, agreements, .~.~:drtions and covenants ~n smd promissory note and this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any parl tFiereof, becomes vested in a person other than the MORiGAGOR, the :"R7GAGEE, ets successors and asz~gns, may, w;thout no~ice to the R10RTGAOR, deal wirh such successw a successw in interesi with reference to this ~-~~gage ard the d_ot hereby secured in the same manner as with Mortgagor without in any way vitiating o? d~uharging the Mortgagors' liability h¢re- ~_r or uEvn th~ d~abt hcreby sccured. fYo sate of the premises hereby mortgaged.and no iorbearance on the part of the N10RiGAGEE w its successors • ass~gns and ~o earens~on of the time fw the paymem of the debt hereby secured given by the MORTGAGEE or its successors or auigns, ahall operate o+e~ease, d~scharge, modify change or afiect the orig~nal lian:lity of the MORiGAGOR herein, either in whofe or in part. 10. It is spec~fi:ally agreed that time ~s of the essence of this contract and that ao wa'rver of arty ob4gation hereunder a of tF.e obligation sr c..-•~d hereby shali at any time tnereatter be he:d to be a waiver of the terms hereo( or of the instrumenl secured herby. l l. In acJd.r~on ro thr forego"ng month!y paym=ms of princ"pal and interest requ~red by the prom'sscry no!e secured herebv, mortgagor covenants c~rees to pay to n:xtgagee vvrth each monthiy pay<<~ent an add~~ional sum est~n;ated by mortgagee to be eaval to 1,' 12 of ~he annuaf cost of the foliow- A-AIi reaf property taxes levie~ or assessed agai•~st th~ above described real esrate. B Pr~n:~~~ns on i~re and windstorm inw~ar,ce as nere~n requ~red to be carried on the ~mproveme~ts situate on the above described premises. C-Prefr.~u~~~s o~ svch mortgage guaranty inwra.~ce as mortgagee shail from t?me to time deem fit io carry on the loan secured hereby. R~orrgagee s6a:t !rom time to time no~Hy mongagor ~n writ~ng of the amount due and payable hereundrr and wch sum shall thereupon be due and .-:6!e on th~ d•~r dare of the next mcnth!y paymem and each successive month thereafter ur,tii mortgagee shall notify mortgagor of a change in a~ch ~,nt. Such sums sFa'.1 be appiied by mortgagee toward the payment of real propeny laxes, insurance prem:ums, a~id mortgage gua?anty insurante = iums. IN ~'dITP~ES$ '+'+NEREOF, the sa;d MORiGAGOR has hereunto set his hand and seal the day and year first aforesaid_ ~i ~ed, Sealed and deli re in the presence of: . , ~ SeaA _ nCO Ro 0 1 ~~ai~ ; _ ; ` ~ (Seaq s _ anita Ro olin s~aq ~;:.iE OF FIORIDA ! f $t . LuC le ? S5. ~.iUNTY OF ~ Befwe me personally appeared Franco Roqol ino ~ s~ Juanita Ro olino - Q his wiie to me we(I ic , nown and known to me to be ~ ' individuals desc~ibcd in and who execufed the faegoing insttument, end acknowledged befote me that they execu ed t~e same for the pur es f ~~_~ein expressed. And the said Juanita Rogolino ~ i c c'---a• • ::.fc of the s~~d _ Franco R OI lII0 ~1pQp ~s~~paratA and priwte , F~_>.-n:nat:on by me taken separate and apart from her said husband, atknowledged ro and before me lhat sbe execdt¢! ~itt irfsiru~ient irsely and voiun- •:y ar,d w~rhour any compu~sion, const~aint, app~ehension, u fear of or lrom her said husband_ WITNESS my hand and official seal this 14th day of AU i1St : q_ p_ ~q T2 . . ~ Notary Public in end ior ~Ae te of Flor~d~ Mj Lar9e My Comm~ss~on expires:SeQ gmbe~' 1975 Retum To: • 1 1 'v _ ~ 't =s F;rst Federal Sav7ngs a loan Association ~ Of For: P e•ee. Fort P~arce, fforida f~~Ep ~KC RECORDED This Instrument Prepared By Richard K, iCsyes 57.1UC1E COUMTY f~. ` First Federal Savings 8 Loan Assaciation Rp~~r~ PD~TR~S of Fort Pierce , Florida CLERK C~'r ~~t COUat Rc~pP,Q ~Er' ,~D Checked By p~ ti6 14 30 ;~35491 B00lE ~Jlhi PA6'€ ~~S ~ , ~ b_ a ~ . , _ ~ ~ ~ - - ~ - ~ ~ n