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3. To place and conrinuoualy keep on the 6~i'd~ngs now or haraaiter ~~tuate on sa~d land and on al; rq.;~pmrnt a~~d perxona!ty ~ovzred by this mortg-
ege, with sfl premiums ~hercon pa~d in full, (~rc ir.s~ro~xe ~n the usual uo:~erd po!;cy fo~m, in a wm a~.proYed by ~he h:JR~:,..~EE, a~~d wndttorm
inwrance in the usual srandard pol.cy form, i~ a su.n apprcvcd Uy tha MORTGAGEE, in such canpjny uc co~~,;:an.es as ehe !~~.CRIGAGEE may
d~rcct; ar~d a~l (ire and w~~dsto~m inw~ance poGcies on any of sa~d bui~d~ngs, aoy interest the~e7n or part tharrof, in ihr agg~rgorc wm dt0~lS3i(~ or
in exces~ ~hercof, st~all co~ram ~he usval seandard mongagre uause or such oiher clauu as Ihe Mor~yagee may req,,,re, n„k~ng fhr ~ose w~Jr~ sa.d poli-
c~es, each and every, payab!e to said AtiORiGAGEE as ~ta ~roer~s~ may appear, and each and every iuch po':cy shj;i ur p~ompt~y ass y~,cd a~~d de;~•~•r~•d to
eny hetd by satd MORTGAGEf as f~r~har s~:uriry to sa~d mo:ig~ge deb!, and, not Izss than ten ;f01 d~ys ~n adr,r.ce of ~ha explydtlon oi each po~~cy, to da-
Gver to said MORTGAGEE a rer~ewal thereof, ~oge~her with a rece~pt for the pre~nium o( suth renewa!; a:~d th~~re aha+~ be no f.~e u~ .r~~~~sw~m i~~~su~encz
placed on any of said buildings, any interest theie~n or part thrreol, un'ess in rht form a~d w~rh the loss pa~ab!e as a~ore~a;d and ~n the eveM any sum
of mooey becomes paya6te undrr s~ch po~~cy or poLcias sa~d .~102TGAGEE aF~aN ha,;a ~t,a op!.cn to rer:~+r ~~~d ~rH'y t?,e sa~~~e on a,count of ~he inJ..~o~rd-
ness secured hereby or to perm~t sa~d MORTGAGOR$ to receive and use it o~ ony ~~a.~ thc:.•of tor o:~~~ r~;,~, ar>. ::.~n__; +h,•.,.. ,••.~,;r-
ing any equ~ty, lien w righ~ under or by virtue ot ~h;s mor~gage; and in the event sa.d MORTGAGORS sha!I for any re~son fetl to k~zp tf~e sa~d p~e~n~s_s so
insured, or fail to dei~ver pranptly any of :a~d poGCies of insurance ro satd MORTGAGEE, or fa~'• pron:p~iy to ~,ay f~ any pr~• ~,:~=n ~nrr~•for or ~n a~,y
respect (ail to pe~form, d~scharge, eaew~e, effecl, compiere, co:nply with and ab~de by this covena.~?, or any pen hareof, sa~d MuRTG:.Gif may p,ac.: a•~o
pay fw •uch insurance or any pmt thereof w+~hout waiving or afFecring any op~ion, lien, equity, or rigM under or b,r v~rrue o~ ~his Morrg~yr, and the
full amouM of each and every s~ch paymem shalt be immediately due and payable and shatl bear interest irom th~ d.~re thcreof un~il p„~d at the rare a~
~+ne pe~ tentum per annum and rogciher with such inreresr sRaif be srwred by the lien of lhis mortgage.
4. To permit, tommif or sufier no wasle, impahment or deterioration oi sa~d property or any part thereof.
5. To pay all and singvlar tha costs, ch~rgrs and expenses, induding a reasonabte atrorney's fee a~d costs of abs!racts of tn;e, inc~rred o. pa~d aT
any time by said 610RiGAG.E, because o~ ~n ihe eve~t of ihe fa~wre on t6e part of ~he said htORTGAGOR ro duty, pro^:ptly and (vi!y pr~loim, d~scf,.~rgr
exewte, elfect, compte~e, comply w~th an~ ab:de by eoch and avery the stipulai~ens, a~~eemenTS, condn~ons, and covena~,rs oi se:d pra~,~ssory note a~:d ~h~s
mortgage any w eifher, ar,d sa:d costs, cha~ges and expeoses, each and every, shali be immed~a:~ty d~e and paya~'a; v„herher or ~;~t :he:e ~3 ^at:c- da
m.and, atternpf to coltect or suit penc~,ng; and the ful! amount of each and eye~y such payment shall bea. interest from the date thercof until paid at the
~~te oi ~iine per centum prr onnum; au~' aG said costs, cha:ges and ex:;~•i~scs inc~rred or paid, toyethet ~v.th svth interest, Shall be sewred by the ii~•n of th~s
mortgage.
6. That (s) in the event of any breach oF rh~s Morrgage or defa~h on the pa~t of the INORiGAGOR, or ;b) in the evero any of sa'd sums of money
Ferein referred ~o be not pror.,pt:y and fufly pa:d wifhin th~rty ~301 days ~ext a'r_. fhe same se.era'ty beco+ne due and pa~rab!e, wrtho~l demand or notice.
or (c) in the event each and every the shpuiations, ag~eements, cond~rions and covenams of sa d promnsc~y norr and th s n~oregage any or e~rher a~e not
j~ty, promptly and fu~iy ~rforrnzd, d.scharged, execured, effected, completed, compi~ed wnh and ab~ded 5y, tfien in e:thrr or any such event the sa~d ag-
~~egate sum mentioned in so~d prom,~ssory note then rema~ning ~npa~d, w~rh i~itere>t accrued, and o;I monrys setured 'nereby, shaVl bccome due and pap-
eo~e forthwith, or rAereafter, at the opuon of sa:d MORIGAGEE, as fuily and completely as if ail of ~I~r :a~d sums ef money v~ere or~gina:ty st~p~:a~ed
ro be pa~d on such d:.y, anyfhing in sa.d pro~n~ssory nore or ~n th~s Mortgage to the con~rary net.vithsta~iding; and th~reupon or thereeltrr at the opc~on o}
s~ d MORTGAGEE, w~fhout nor~ce o. demand, su~t at law or in equ~ty, therefo~e or thereairer brgun, may be prnsecured as if a;! moreeys sec~red hereby
r:d matuted pr~p~ to As insl~tution.
7. That in the event that at the beginning of or at any ti~ne pendirg any su~t upon this Morigage, or to foreclose it, or to reiorm it, or to enforce
~.r.mnnt of any ci.~~ms hereunder, s~id MORT._sAGEE shall aADty to the Court havfng ~unsd.ct~on thereof for ihe appointment of e Receiver, sucfi Court shaN
Fc~rhwith appo~m a rece~•.e~ of sa~d morrgaged property aIl and sing~lar, in~iud.ng a~l and s~~guiar ~he ~c~ome, prof~fs, issues ard revenues lrom whare+er
s_ u~ce de.ived. each and every of wh:ch, 1t be;ng expressly unders~ood, is hereby mor~gaged as if spcof,~al~y set for~h and descnbed in the g~ant~ng and
haeendum clauses hereof, and such Receiver shaN have a!I the broad and eftec+~ve fvncr.ons anr} po,ne,s in anyw~se entrusted by a Court to a Receive~, and
s~ch appcintment shall ba made by svch Court as an ad~nitted equ+ty and a malter of abso~~te r.ght ro sa~d M,ORiGAGEE, and w~thcut reference to the
adeyuacy ar inadeqvacy of the value of the property mor~gaged or to the s~~vency or inSU:vency ot said M.ORiGAGQR or flre deE~,~da~rs, ard rhat svch
reou, profits, income, issves and revenues sha!i be appt~ed by such Recrrver ac;ord~ng to the lien or rquity of said MORiGAGEE and the pract~ce of such
Court.
B. To dufy, promptty and fuL'y perform, d;scharge, exec~te, effect, complete, con,p!y wnh and abide by each and every the s;fpu~ations, agrecmeMS.
:onditions and corenants ~n sa~d promissory nete an~1 thks mortgjg~ set fo~th.
9. That in the event the ownersh~p of the mortgaged premnes, or any part thcreof, Ee~omes vested in a person other than the 610RTGAGOR, the
:'~RTGAGEE, its wccesso~s ar,d ass~gns. may, wrthout ~onte te the J'dORTGAO~, deaf w~lh s~ch svccesso~ or svaessor m~nterest ~v;~h refrrence to this
o~rgage and rhe d>bt hereby secured in the same menner as M•~fh :'orryagor w~thow in any way vit:at~ng or d:scha~ging the h\ortgagors' liabil~ty t,ere-
~~dcr or upon the debt Aereb~ secu~rd. No sa~r of tE,e Fremisef h~~eb~ mo~tgaged ar.d ~o ferbearance on the part of tne /dORTGAGEE or its wccessors
o- .,ss~gns and na ezienvon of rhe t+m~- fcr tne paymenr of the d~or he.eby secured g~ven by rhe MORiGAGEE or irs successors or ass:gns, ~7~at! ope.ate
ro re~ease, d~scharge, modify change or affect the or~g~nal Ga~uay of the NORIGAGOR here~n, e~the~ in whole or io part.
10. It is speufically agreed ~hat time ~s of the esse~,:e cf this tontract and that no waiver of an~ ob!'gation hereunder or of the obligation so-
cu-e~ hereby shall at any tirr.e ~herea'ier be hela to be a wad,rer oi the terms hereof or of the insvument sc~cu~ed herby.
I1. In a3d t~o~ ro thc foregc ~~7 oMn'y pa;~r_nrs of ~zr;:,~ and im~resf re~u;red by the prom sscry ne!r s:~.v~ed t;:•eb~, mo:tga~ar covenanJs
d agrees to pay to rt~o-tgage~ v.nh each mor~th~y pay~,,ent an add.~lunal wm es* : ared b~ mo:tg~gee to be equa, to 1 12 of t::v ann~al cost of the fotiow-
~y;
A-A~I real propcrty taxes Irr~c~ o~ assess_.:i ,;y~i•~st thc aoo~r descr~~~d r,al estate.
B- Pr~~-;,~u~c~s on f~rt ar.d r,ir.dsro~••~ insvrar:cr as ite~e~n r,G;. red to be car~:=~ en tha ire~;roveme~ts s:!vate ori th_ above d-scribed prem;ses.
C-Prern;,;a,s on s;:ch mort~:,ae gva•ar.ry ,csvr~-ce rs m=•tg~g~» s:,a:, ~,c..•, r.,rr to t..ne ci~-~~i f~t so cac:y on t!na: 'aan sc.u:~d heie'.:!-
hlortgaqee shaJ frcri e~me to ;.^.e not:fy n crty:;gcr n wrrt~r,g cf the a^:o,;~t d~e and payable hereundrr a~~d such suo, sh.~.i th~~.~upon be due a~d
..ab'.e on thr dv~ ti~!e oi +he r~r.• mo-,ih:~ payn,,~.,t a:,d each successi~e mo^th ~~:ereafr,~ u~rii mcrtgagee shatt not.fy mo~tga~or oF a change in such
~ euM. Such w:ns sha.i be app;~ed by mongaa.tc tona•d tne pa;~r~e~~t of real proFxrty taaes, inwrante prem.u:n5, d.tCl rT,ortyag~~ c~~a•anty insurar.ce
c'e~niums. '
tN ':/ITrlE55 Y/HEREOf, tne sa~d I,AORiGAGOR has hereun+o set his hs~-d and seal the day a year first a{o~esaid. ~
~ Signed, $caled and de{ivered ' the presence of- f~~ ,
'~(Seal)
- - Ck E, e f - ~~aq
' -t ~ i' ~ -S~T3C ' (Seal)
_ - _C1C.~~..~ ~ AIILIEti~ '1'. ~~u~ (Seafl
~T:.7E OF lt~Ri9fi 0~1 ~ aJ )
~ ~ - i SS.
~JJVIY OF
Before me persona:ly appeared ~a~6~,_a.iC F.. RiI1~l~ and
Al1Yl@ti~ T. Rinelli his w~!e, to me well k~own a~d k~own to me to be
~he individuals described in and who executed the foregoing instrument, and acknow~edged before me that they executed the same for the purposes
rherein expressed. And the said AY1~t.~_ T. ~II61~
r: ~fe of the said .~1~~( ~ia_~j'~e~i___ ' , upon a separate and private
e.am~nation by me takan separate ar.d apart from her sa~d husband, acknow:edged to and before that she execu!ed said insrrurre~N freelY and volun-
~-~•~!y and w~thout any comp~lsion, constra~nt, appreh pq, or fear of or from her said husbartd .
!'1?. ~j~
WITNESS my hand and official seal this___~ day of_ Q A. D, 19_.L~
_ ~n n ~ ? ' - .
o+ary Pu61it in a d for the Stote D~j L r~ =
Retum To: My Comm~ssion expire i~C~
Fint Federal Savings b loan Associat.on ~~.~.~7.~ ~j~~~~~1d~(,`~ ,
y . ,
Of Fcrr Pere~ . ,
Fort P~erce, F!cr:;J~ ~~h ' y
N, ~ ~ ' ~
This Instrument Pre ared B ~ fftEC AMC REGORDfO
P y J. Hal Roberts Jr. ST.tuCiE ~cc;Ntr F~~.
Fi~st Federaf Savings & Loan Association ROCEk POITRAS °
of Fort Pierce Florida CLERK C~="~.~J~t COURT!~
~ a~C4R9 VE•='~
Checked 8y - ~J ~Q +2 46 PH ~~3
E~~o~ Nnc~ `
" ` 25~~ ti ~s~s~
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: . - ~ ~ 15
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