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To pl+n and con~irwouily keep on ~he bu~idirys now w Iw~aha Wtwa on sa~d Iw+d and on dl equipm~et and person+lly cm~ered by ~hi~ mor?~
p~, w~th dl premiums ther~on pa~d in tu11, fue insvr~nc~ in ~1» vwal sundard pdicy fonn, ~n ~ sum approv~d by tFw MORiGAGEE. and winduum
ir~w«~c~ in ~Ae uswl s~andard po~~y tam, in a wm ~PP.ov~d by tM MOkTG~?GEE. in wch comP+nY o~ comPa?NS +s rla MORiGAGEE m+y
dir~ctt and a11 ik~ and ww?ds~wm inswann policies on any of said buildMp~. ~ny in~~st dw~in w put thK~of, in th~ ap~re9a~e w~n afa~said o~
i~ ~acas ~herwt, ihall conuin ~M usual iandud mat9apM claus~ o~ such aM. cl~us~ a tM Ma~p+p~+ e~+y rpuu~. m~kGg rhe tou ~nda sa.d po1F
cas, exh ~~d ~ve.y. p+rabk ro s+id MORTGAGEE a~n in~eres~ may ~pp~a. u+d t+th +~d ~vNY sud+ Polity ahall b~ p~omptly ~ss 9ned and dsi~vered ~o
a~y hsld by w~d MORTGAGEE a iunhtr security to s~~d matpa~ d~W, snd, nw bss tMn ten (10) d+1rs N+ +dvanc~ of th~ ~xpiratan of each policy. to da
tiw ro s+id MORTGAGEE • re~ewal thsreof. tope~Mr with • rec~ipl fw tM p~aniwn o/ s~ch rs~ewal; and ~hen aMll b~ no f~re w windstorm insurance
plaoed on aMr of said b~,iMinys. ~ny int~reu tl~~in or put thereo~. unless in tM fwm u~d wi~h th~ loss payabl~ u+tortsaid: and in th~ •vMt u+y sum
of n+aay becomes p+Yable undK such policy a policiei s+id 1MORTGAGEE shall Aaw tM oprion ro~eceive and apply ths s+ms on account of ~he indebted~
neu secured he+tby w a pt~mit s~~d MORTGAGORS to receive and ~rs~ if p•ny par~ thereof fa other pu~poses, w~thout ~h>r~o~ wani~~g o. ~mpa~r
inp any puity, lien a right unde~ or by vinu~ of this mort9ap~: snd in tl» tvent ~sid 111WRTGAGORS sh+ll ta any reason fail ro keep tF?e ta~d premisrs so
inwred, a f~il b deliva promptly ~~y of s~id polities of inswanc~ to s+id MORTGAGEE, ot fail promptiy to pay futly any premium therefot o~ in anY
re~pect fail to perfpm dischsrgs, e:ecut~, effM, compl~te, comp~y with and abid~ by this oovenant, w~ny pan hereof, sa~d MORTGAGEE may p~ace and
p~Y fa wch inwrancs w any pa?t thereof withou~ wa'ninp or ~ff~ctinp ~ny option, lien, pulty, a rqht under w by virtve of ~his Mor~9+ge, a~d ~he
full amoum of each and evay wch payment shall be wernediately dw and p+yabls and sh~ll beu interest irom tM daN thereof until paid a~ the rate ol
nine pe~ «mum per annum and togethe+ with wch inte.est shaH be secured by the li~n of this mortpape.
1. To permit, oomrnit w sufter no wut~, i~np~irment w deterioration oi said popery p any put thereof.
5. To pay dl u+d sinpular tlw cosn, ch~rpes ~nd expenses, includi~g a reasonabb ~nwney
~ fes ~nd costs of ~bstncts of title, inc~ned w paid
any time by said MORTGAGfE, beca~se a in th~ event of tM failwe on the part of the ssid MORTGAGOR to duly, promptly and fv11y perio~m, d~xh+rge.
execufe. ef(ed. comptete, canpty w~th and ab:de by e+ch and every the st~pulations, ~greements, cond7tions, a+d oovH+ants of said p.omissory note and ~his
mpr~9aye any p eithe~. and said costs, chu~es and expenses, each +nd tvery, shall bt immediately due and payaWe: whcther a not there be norice d~
mand. anemp~ ro colkct w wit pend~ng: snd rM futl amounf of each u~d rvery wch payment th~ll bear interes~ fram rhe da~e ~hereot un~il p~id ~t ~he
raee oi n~ne per centum per annum; and all said costs, chuges snd expe~ses i~cvrred w paid, ~ogether w~th svch intereit, ihall be secured by the lien of this
mortg~pe.
6. Thst (a) in the evem of any brcach of this Mortgags or defwlt on the pa~t of the MORTGAGOR, a(b) in the evcnt any of said wms of money
hcrein referred to be not promptly ~nd fully paid wi~hin thirty (30) days nex~ afte~ th~ same sever~lly become due snd payabte. wi~hout demand w notice.
o? W in the evem each snd every the stipulations, sgreemenb, condc~ions u~d covenanrs of sa~d promissory note snd M~s mortgage sny or c~ther are not
ivly, pro~tly and fully performed, d~schsr9cd, executed, effected, compkted, canpl~ed with u~d abided by, then in either w any such event ~he sa~d a¢
gregate wm mcntaned in said promissory rate then remaininp ~npaid. with interest acuued~ and sll moneys securtd hereby, shall become due and psy-
sble fathwith, a ther~after, at the opfan of said MORTGAGEE, u ivlly ud completely as if sll of the w3d wms of mw~ey were originally s~~putated
~o be pa+d on wch day, saythi~g in sa+d pran'~sso~y note or in this Mortgsye to the conrrsry ~otwi~hsunding: and thereupon w thereafte. a~ the option of
said MORTGAGEE, without notice a demand. wit at law a ia equity, therefwe w thneafrer bc9un, may be~ p.oxcuted ss if all moneys secured FKreby
had matured prw~ ro in irotitution.
7. Thst in the event that at the beginn7ng of or ~t ~ny time pending ~nY w~t upon this Mortg~ge, o? to forecbse it, o? to refwm it, or to enforce
payment of any daims hereunder, said MORTGAGEE shall apply to the Court Mving jurisdKtion thereof fw the sppo~mment of a Receiver, such Court shall
Forthwith appoiM a receirer of said mortgaged property u+d w+gv4r, includ~ng all snd singu~u the income, profas, iuues and revenuea trom whatever
source derived, esch and every of which, it bein~ exprossly undero~ood, is hereby mortgaged u if speuFically set falh and deuribed in the granting and
habendum clauses hereof, snd such Receiver shsll have sll the brwd and effective furKt~orw and powers in ~nywise emrusted by • Cou~t to a Receiver, and
s~ch appoimment shall be made by wch Cowt as sn admitted equity snd a rrrtter of absolu~e right to ssid MORTGAGEE, and without rcference fo the
adequacy w insdequ+cy of tF+e wlve of tl+e p~operty rnorfg+9ed w to ehe wsvency w insolvency of said MORTGAGOR w the defendants, and that such
rems,.profin, income, iuues and reveeues shall be appl7bd by such Receiver according to the licn or equiry of said MORTGAGEE and the practice of such
CouA. ~ .
8. To dufy, promptly and fulty perform, d"~scFNrge, execute, effect, cwnpkte, comply with snd sbide by each and every the stipulata% agreements,
conditions s~+d covcn+nts in sa~d promissory note and this mortgage set fath.
9. That in the event the ownership of the mortgayed premises, o? sny part thereof, becanes vested in a person other thsn the MORTGAGOR, the
MORTGAGEE, its successors and assigns, may, wifhout ratice ta the MORTGAOR, deal with such successor a successor in interest with reference to thia
mor~gage and the debt hercby secured in the ssme manne* as with Mortgsgw w~thow in any way vit~atirg a disch~rg~ng the Mortgagws' Iiability herr
under w upon the debt hereby secured_ No ss!e of ~he Fremises hereby mortgaged and oo forbearsnce on the p~n of ihe MORTCaAGEE w its successors
or auigns and no extension of the time fa the payrn~nt of the debt hereby secured given by the NIORTGAGEE or its wccesson a assgns, shall operate
ro rekax, d~sch~rge, modify charge w affect the orig~nal liab~lity of the MORTGAGOR herein, either in wFale w in put.
10. It is specificalfy agrced that time is of the essence of this contr~ct snd that no w~iver of any oblg~iwn hereunder w of the oblgation st
cured hereby shall at any tirrK tlxreafter be heW to be ~ waiver of the terms hereof a ot the instrument secwed herby.
11. In add~tio~ to the fwego:ng monthly payments of princ"pal and inrerest required by the promtuwy note secured hereby, mortgagor covenants
and agrees to pay to mo:tgagee w~th esch mo~~hly payment an add~r'wnal wm est~mated by mortgsgee to be eqwl to 1/12 of the annual cost of the follow-
ing: - ~
A-All real property taxrs kvied or assessed against the above desc~ibed real estate_
B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvements situate o~ tl~e above d~xribed premises_
G-Premiums on such mortgage guaranty insurar.ce as moAgagee shall fram t~me to time deem fit to carry on the loan secured hereby.
Mortgagee shall from time to time notify mortgagw in writing of the amount due ar+d payabk hereunder and such wrn shaD thereupon be due and
'f ~ayable on the due date of ~he next monthly payment and each successive month thereafrer ~r.tit mortgagee shall notify mwtgagoi of a change in such
amount. Such wms sf~all be applied by gsgee toward the payment of real property taxes, insurance p~em.ums, and mortgage guaranty insurance
~ premiums.
IN TNESS HEREOF sa' RTGAGOR hss hereumo xt his hand ~nd seal the day aod ar first afaesaid.
I akdvnd ence of:
~ ~ ~
Pa ua Ai o aq
sNn
Rose Mari~Aiello ~s~aq
SiATE OF FLORIDA ~
St . i.uc ie
coucmr oF
eefore me persona~~ly appeared Pasquale Aiello - a„d
ROS6 Mar i~ Aiello h;, W~~, to me well known and krawn to me to be
rhe indiridwls described in snd who executed the fore9oirg instnwnenf, and acluwwkdged before me ihat they executed the same for the purpoaes
rherein expressed_ And the said Rose Mari~EAisllo
w~fe ~ r~ ~~a Pasquale Aiello _
a ate and ~vste
examinat~on by me taken separate snd apart from her said husband, xkrwwledged w and before me Nwt ahe e:earted said iMtrument freely and volurr
rarily and w~thout any compvliwn, cons~raint, spprcl~a~sion, w fear of or from hv said husbu~d.
WITNE55 my hand a~d official seal this QT~ dsy of R P~~ A D. 19 73
~ Notary ublic in snd (or ihe Stafe of fbrida M_Larpe.
` My Conunission expires: _ : '
~ R~w?^ Ta GEOR~E C. " . • ' ~
ST; ~ah: r ; ' ' - . ~ ~
~ Fint Fede~sl S~vings 6 Loan Associat"wn lFOT~.RY PUSUC, + - . ~
Of Fort P~erce. $.3tE p} ~X Y~r - -
/io. 52-922~15. &jft~lk CuGGty '
~ Fort Pierce. Flwida ~5~~ ~ . f~ ~ ' .
~ ~ ~YIafC11 ~gf~Q ~ '
I~9a~F7 ~F ~ • ~
~ 249900 ~ ~j -
~ This Instrument Prepared By J. H. RobeYts, Jr.
First Federal Savings b Loan Association fIlE4 b~- AkCi7qDt0
~ of Fort Pierce , Rlorida Lt.IUC~C LOl~~1~~slA. ~
ac~=.~ • ~
~ LL~ i ~ _ " ~OURt
Checked By _FC~; - , _ . r ~
MNt ;b 4 0~ PM'13 p~
aooK 212 P~.E 43 . , ~
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