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' ~ To plac~ and conti~uouily ks~p on th~ buitdinyi ~ow w Mre+ftsr sit~at~ on said land u~d on all equipm~m ~nd pawn+lly covaed by this mort~ j y~, with all pr~miums tAt~son paid in full, fir~ in~ur~nt~ in tht ufu~l standud policy form, in ~ tum approvsd by tM MORiGAGEE. +~d windstam ; insuru~n tn tM uswl ~t~ndard policy ?a~n, in • wm ~pprov~d by tM MORTGNGEE, in wch con+pa~Y o? cor^P+^~y +s ~M MORTGAGEE m+y = dueclt u~d ~tl fk~ and w~nditum insurana policies oe~ ~ny of said buiW~~ps. ~~y I~~~~~ct thercin o~ part thersof, I~I IFN ~rey~t~ ium ~fOr~Hid M in ~xcea IMreof. sMtl confain th~ usual standud mortyaye~ clauw w such othK cl~us~ a 1M Ma~p+ge~ m+y req~ir~. mati~p tM lou under sa~d po~~ i ci~s, each u+d ~very, paY~bls to said MORTGAGEE as iri i~taat may ~ppear, and sach ~~d ~very ivch policy shall b~ p«xnptty ~ss:yned and delivered ~o { ~ny held by iaid MORiGAGEE as further setu~ity to said mortpap~ debt, and, not lets 1Mn t~n (101 d+YS in ~dv~nn of- tM expiration of each polity, to dr ~ IivN ro iaid MORTGAGEE • renewal thereof, lo~ethtr with a raceipt fw the pi~mium of tuch r~newals and ther~ shall bs no f'ue or wi~dstam inwr~nts I placed on ~ny of s~id buildings. ~ny interstt ther~in w p+~t ~h~rwf, vnless in tF» form snd wifh 1M loss payable as ~forasid~ and in eM event ~ny wrn ; of mon~y bacwn~s payable uMia wch policy w policiss ssid MORTGAGEE ihall haw tlw opt~w? to receiw u~d ~pply tM sams a+ ~ccount of th~ indebted- neu secu~ed hereby w to permit said MORTGAGORS to receiw and use it a any pa~t thereof for orher pu~posei, w~thout the~eb~ waivi~~g o~ ~mpair iny any eqvity, ~ien or right ~nder or by vi?tw of this mortype; ~nd in ths ~vent ssid MORTGAGORS shall (o? eny ~eason f~il ro keep the uid p~emises io inswed, w fall to deliver promptly ~~y of said polities of insur~nte to seid MORTGAGEE, a fail promptly to pay fully any premium the~efor a i~ any rospect fail b pe~fwm, dncharge, exec~te, effed, complete, comply with ~nd ~bide by this covenant, or sny part M~eof, taid MORTGAGEE may p~~te +nd pay fa such tro~ra~ce o~ sny part tF?ereof withoul w+ivinp or ~ffeclinp ~ny option, lien, eqvity, o? ~igh1 u~der or by virtut of this Mortgsye, ~nd the full unarnt of e~ch and tvery iuch payment ~11 be inwnedi~tely dw and psysble ar+d sMll besr interest f~am ths date thereof ~ntil paid +t the ~ate ol nine ps~ ce~tum per ann~m and togethe~"with iuch interesi iMll be secured by the lie~ of this mort9sye. To pamit, oommit ar suffer no waste, impairment w deteraratio~ of said property w+ny paN thereof. ~ S. To pay all and sinyulu the costs, tharges and expenscs, includioy a reasonable ~ttorney's (ee and costs of abstracts of title, inturred a paid at any time by wid MORTGAGEE, because o~ i~ the event of ~he failure on the pa~t of 1he tsid MORTGAGOR to duly, p?ompNy and fully paform, dluharge, ~ execute, etteN. tomplete. comply with and abide by each and every tl+e stipula~ans, agreemenn, conditans, ~nd oovenants of said pramissory note and this i matgay~ ~ny w eifher, ~nd said cosb, ch+rges and expenses, each and every, shall be immediately due and paysble; whether or not there bs notice de~ ~ mand, anempt to mllect w wit pending; and the full ~nwum of ~ach and every iuch payment shsll bear interest from the date the~eof vntil paid at the rate of nine per centum per snnum; and all said costs, charges and expenses intvrred w paid, logether with such inte«st, shall bs secured by the lien of thii ~ mortg~e. Q That (a) in the event of any breach of this Mo?tgayt or default on the part of the MORTGAGOR, w(b) in the event ~ny of-said sums of money herein refared to be not p?omptly snd fully paid within Ih~rty (30) dsys next after the same xve~ally become due ar+d payable, withou~ demand o? notict. or in the event eath snd evc~y the atipulations, ~greements, conditiw~s a~d covenanri of said promiuory oote and this matps~e any a either are not iuly, promptly and fully performed, d~scharged, executed, effected, completed, complied with and abided by, then in either a any such eveM the said ag gregate wm mtntaned in iaid promissory note the~ remaining unpaid, with inte~esl acuued, and all moneys secured hereby, shall become dw and pay- able forthwith, a theresfte~, at the option of said MORTGAGEE, as fully and completely as if all of the said sums of mooey were originally ttipulated to be paid on :uch day, anything in said promiuory ~ote or in this Mortgage to the contrary notwithslsnding; and ~hereupon or thereafter at the optio~ of said MORTGAGEE, without notice w demand, suit at law or i~ equity, therefwe w thereafter begun, may be prosecuted as if all moneys secured hereby had rt?stwed prior to its institution. 7. That in the event that at the beginning of w ~f any time pending any suit upon this Mortgage, w to foreclose if, or to reform if, or to enforce - payment ot any claims hereunder, said MORTGAGEE shall apply to the Cou?t lwving j~risdiction thereof fw the appointment of ~ Receivet, such Cwrt shall forthwith sppoint a receiver of said mortgaged property all and singular, includ~ng all and singular the income, profils, issues and revenues from whatever source derired, each and every of which, it being expreuly understood, is hereby mo.~9aged as if specifically set forth and dewibed in the y?anting and habcndum clsuses hereof, and such Receiver shall have atl the txoad and effective functions a~d powen in anywise er?trusted by a Court to a Receiver, and :uch appointment :hall be made by such Court as an admitted equity and s matter of abwluro right to ssid MORTGAGEE, ~nd witlwut refercnce to the _ adequsty w inadequaty of the value of the property mortgsged or to the sotventy or i~solvency of said MORiGAGOR w the defendants, a~d that suth renrs, profi», incorne, iuves and revenues shall be applied by such Reteivtr accwding to the lien or eqviry of said MORTGAGEE and the practite of suth Courf. 8. To duly, promptly and fvlly perform, diuharge, execute, effed, mmplete, comply with snd abide by each and every the stipulaYwns, agreements, conditaro and covenanrs in said promissory rate and this mortgage set fwth. _ 9. That in the event the ownership of the mortgsged premises, w any part thereof, becomes vested in a person other tha~ the MORTGAGOR, ths MORTGAGEE, iri svcceuors snd sssigns, may, without notice to the MORTGAOR, deal witn such svcceuor w successor in interest with reference to this mortgage and the debt hereby setured in the. same manner as with Mortgagor without in any way vitiating or dixharging the Mortgagori lisbiliry herr ' under or upon the debt hereby secured. No ssle of the ~emises hereby mortgsged and no fwbearanca on the part of the MORTGAGEE or its successors or assigns and no extension of the time fw the payment of ihe debt hereby secured given by the MORTGAGEE or iri successors a auigns, shall operate ro release, d.ischarge, rtadify change w affect the original liability of the MORTGAGOR herein, either in whole or in part. 10. If is specifically agreed that time is of the essence of this contract and thaf no waiver of any obligation hereunder or of fhe obligaYan st cured hereby ahall at any time thereafter be held to be a waiver of the te~ms hereof or of the instrumenf secured herby. 11. In additia~ to the fwego:ng monthly payments of princ'pal and interest required by the promiuory note secured hereby, mortgagor cov~nants and agrees to pay to mortgagee with each monthly payment an addi~ional sum estimated by moatgagee to be equal to 1/12 of the annual cost of the follow- ing: . A-All real property taxes levied w assessed against the above described real estate. B-Premiums on fire and windstorm insurance as hereio requ~red to be carried on the improvements situate on the above destribed premises. C-Premiums on such mortgage guaranty insurar~ce as matgagee shall from time to time deem fit to tarry on the ba~ secured hereby: Mortgagee shall f.om time ro time notify mortgagor in writing of the amount due and payable hereunder and such wm shall thereupon be due and I~~ payaWe on tfie due date of the next monthly payment and each successive month thereafter urtil mortgagee shall notify mortgagor of a change in wch ~ amount. Such sums shall be applied by mortgagee toward the payment of resl property taxa, insurance prem.ums, and mortgage guaranty insurance ~ premiuma. ~ j IN WITNE55 WFIEREOF, the said /NORTGAGOR has hereu~to set his hand and xsl the day and ea~ fint aforesaid. ~ ~ Signed, ed and deliv in of: 255592 F~ED Atifl p~G a Gemna Folcarelli ' ~ - 4UC~E COJN Y ROGF~ `011RA~ (Seaq ~~~^r. ~ ut~ ~OiJ~T Slena Folcarelli ~ Rf~flt.~, y~::-~~{C:? • ( Seal2 STATE OF New York ~ I da Folcarelli couNnr oF 'Q l1~ 0~( - PPd 3~ 9 z~ aH ~3 , ~ ~fae ,,,e ny a a«a Gemma Folcarelli. a sinale adult and Elena Rolcarelli,a ~ single adu~t, an~ Ida Folcarelli, a single adult fo ~ r„~n k,,,M,,, and known to me to be ! the individvals dewibed in and who executed the foregoing instrument, and atknowledged before me that they execvted the same for the pwpose~ ~ ~ therein expressed. ~~I~fi ~X~OCx~000GXXXXXXX y~• XXXXX~C)QCX XXXXXX)QOC7QSXX f . KM ~RlfiqiiQC24 WITNE55 my hand and official seal thi: ~c day of ~ A D. 1973 ~ r . ' 'I~~j. . ~ ~ . Notsry Public in and for he S1ate pf F a,.~a,.-~r'i,r " ~ My Commiuion expires: ~ - v ~ ~4 ~a~ r,. - i~:. - ~ Retum 70: ~t,,s~,~ FRq(~K ~Y ly' ~~~~f~ ~ Fint Federal Savings 6 Loan AssociaYwn •~w.i, Ptlb~iC ~~@ sy~•:~ J No. ~?y~~~ ~ ' C~f ~Mf P~nrro, s~7w _ rS~ ~ r~ - Florida ~ll~~f~ ~Il~ak~r~~ ~ s ~ ' ~ + i . Fort Pierce, - Commisston Ezp'y~ °~t'b~y„ : ~ _ 3_30-7~ 6~.4.~~ao L~;Z~~: Ri , This Instrument Prepared By J. H. Roberts~Jr. ~~C.~~ •~11~;.•'~,''~' First Federal Savings 8~ Loan Association y?t~~~:'-_. of F~rt Pierce , Rlorida ~ ~ Checked By ~ - i 800ic ~..1~ ~ - , , ' ~ r~ - - - - - - _ - _ P~.s'y~ -Y` F"5 tj~~~ " s ~ . iT-~`.