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9. To ptac~ ~nd continvously keep oo the bui;d~rys ~ow w hereaftK s;*wN on sa~d 4nd and on ap eq:,~~ ~rd paaonathr oore.~d b* +i++ ..or+~
+g~. with ~II prtmiumt thereon pa;d in iv0, firo inivranc~ in ti~e v~wl sNndNd poticy fonn, in a tww appro.sd by ~i~e IAOt;GAGEf. +nd srndc+v~
intur~nc~ in th~ viw! arandard poLcy fam, in • sum approv~d by IM MORTGAGEE, in wcA we+p~nY o~ con~pae~:es tY~ 1N~TG~AGrFf
di~~tlp ~nd all fir~ and wind~torm iniuranca policiei on any of s~id bvild~np~, ~ny inNres~ Nwein or pan thcr~ol. in tM ppr~ su~ abs~+d •
1~ ~xc~ss Ihe~wf, ihall con~ain ths wuel sra~tidard mwrya~a+ dws~ a such a1+N dw,s~ a~ ~!w Mwtpage~ m~r roqu.r~, m~?i~q +1r ?as wdw s.d ~eiF
cisf. e~ch and w~ry. paYable ro taid 1NORTGAGEE +f ~ts in~erest may app~ar. and ead? and ~~e,y sucfi pot~cy. sh~lt b~ p~hr ass~ned u+d Qsf..~en~ •
•ny heW by uid MORTGAGEE as fur~he~ security ~o sa~d m«i9aga debt. and eat less dw~ ta+ t101 dap :n adrK,oe oR Nr ~apr+aon d s~d+ poip. +o eir
l;v~r to sakl MORTGAGEE a renewal rhereof, to~HF~ with a reu~pt for tM prNnic~m of wcA renewal; and ~here sF.~l~ bs no i.r~ o. w'v~dsw*~w :n~,as~cs
pl~ced on ~ny of said buildinys, ~~y interesl the~e~n w put thsrwf, w+1~ss in th~ /wm and with th~ bss payaWe a~ ~for~:~ ard i~ tl~e e+~w aq sas
ol nwMy patomts payable ur?de~ such policy a polic;es said MpRiGAGEE sAall Mw ths opt~w? a rscciw and apply tM ar~s ow saaurr d fM~e n~deane~
neu secu~~d htreby w to permit sait~ N1pRTGAGORS•to rtclive and Os~ it or any pa~t thereof Iw otner pu•yoses, w.eM~.A ti~rro~ wa~~~ y or ~.,:aa.*_
infl any ~uify, litn w right unde~ w by virtw oi this morlyage: aad in the tvenr ~aid MORIGAGORS shal! 10? any rsnon fai to keap the a+d pe~wies so
iniured, w fiil 1o deliver prompNy ~ny of said pol~cies of inw~anc~ ro sa~d MORTGAGEE, a fa~! promptiy b p~y fv~ly aeqr premw,w tM~err~or o. ~n r.r
rssptct (ai) to pNiwm, d~scharga, ~xecu?s. e(fed, complete. comply with and ab~d~ by this coven+M, w ury pan haso(. sud MOit7Gl.;sfE p+~ar a-e
paY for ~veh ieuurane~ o? any pan N»reof w~~hout w~iv~np or ~ffactinp anY option, IiM, eqr;ty, a rqM unde~ o~ by v:nus d d,'s Mon9a~ a.d ~l+e
full ~mounl of each ard rvtry such payment shall be imnietfiately dw and prable and sha11 bw iraKeu irwa ri» daw ~+ereoi unat pa.d a~he ~aae d
nine psr centum per ~nnum and foge~her wi~h wch inrersst shali be tecured by th~ lien of Mis mort~s.
, 1. io permit, cwrvnl~ w svffe~ no wast~, Impawmenf w detaior~tion oi said propert~r p my part thereof.
5. To psy ~11 and slnQutu rhs cos?s, chugei and expsnses including a reasonabk anorney's fes and aosa af abar.~e+s d~e4, incur.ed v~d r
any time by said MORTGAGEE, because or in the event of tM failws on tl,~ put of th~ said N10RTGAGOR a Au.y, proenpry a.d fuJy ps~farw~, dsciwqe
execut~. effed, complete. camply with and ab~de by exfi and every the st~uls~wns, agree.nenn„ cond~tiw~s, and oo.ew~ea d s~d pro~aarr no~e axd ihs
mortyape ar?y o? ei~ha. sr~d aa~d costs. cfiarges ~~d expenses, each and eve.y. sh+11 b~ inr.Kdu~sly dw aed Wrablr. whetF~e+ or na *1~e.e 6e .wce dr
m~nd. ~nempt fo tollect or suit pend~ny: and th~ full arno~nt of each u+d eva~y wch p~~ment shaU bea? iMerest trwn Me dn~ ~ered vad s+rid a a~,e
~ato of nins per centum per srnwm; and all wid costs, c6arges and expenses incwred a pad, fopeti~er w~th such inNraL s6~Y bs s~[++red b~r ~I+e irw ti a1r
mortpap~, .
6. TMt (a) in the evant of any breach of this N~ortg~pe or defwh on the pa~t of rhe N10RTGAGOR, a tb) in th~ erer~t s~r af sa~ xrws d ao+e~
he~ein ~efared to bs no1 promptly and fvlly psid within th+rty (301 days neat after fhe sa~ry severaslr become due and payabl~, ~ral~ou~ de.r~r~d er a~o~ct,
or (c) in the event exh u+d every the stipula~ions, agreemenn, condifions ~nd covenants o! sa:d promissory noee and sh~s mort~a~e a.ry o• aek+er ase ad
~uty. Promptly and fu~ly performed. d~scharged, execv~ed. effected, comPleted, compl+ed with and :b~ded Sy. Ma~ in enher a~n~r sud~ t~r~r tbe sad ag
gregate ium mentaned in ia~d promissory note tfice rema~nirg unpaid. with ime~e:t aurucd, and a11 moneys secu?ed haebY, s1r.N beco~ne due ard p~*
ab;e forthwi~h, a thereafter, at ~he oprion of said MORTGAGEE, u fully and complere~y :s i} a!! o~ thc w+d sw.~s of nwner ,rs+e o.qw+„!~r s+~p.arne~
ro be paid on such day, anything in sa:d prom~uory note or in this Mortgage to fhe coro~uy notwi~hst~r+d+ng; and there~~pon a tl+er~her iu ~e opi~w ei
said MORTGAGEE, wi~hout not~ce a demand, suit at law w in equity, the~efo~e or thereaher be~un, may be proaecu~ed ~s ~ aq ~s s~sdsed i~er~
had r»atured pnor to ~ts institution.
7. thst in the event ~hat at ~he beginning of or a~ any time pe~ding ~ny wit upon this Mwt~e. or-to foreclpe $ v~e esd~
payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jur~sd:dwn thereof tor tfie sppo.ntmeat d a ver, sud~ C~Y shs/
forthwith appoint s receiver of said mortgage~ propcrty all and singulu, inctud~ng a~l ar+d s~rgulu ~he income, profa~, 'ssues and reve+wes ira~w riaaeers
source derived, each and every of wh~ch, it be~ng expressly unders~ood, is hereby ncortg~ged u if spec,f,~alty se~ for~ and dexibed i+ the qram~ snd
habendum clauses l+ercot, and such Receiver shaU have aIl the broad and effective funct.ons and porwe.s :n anywne ermus~rd b~r a Laxt to ~~.er, ~~+d
s~ch sppointment shall be made by such Coyrt as an adrtytted eq~ity and s matta of absotute riyht b s~:d MOitTCsAGEf, ard ~iwut rei~enoe ~o she
edeq~aq d inadcq~acy of the value of ~Mr prop~vry mwtgaged or to the so:vency or ~nso~vency of said MOR7C,A~,OQ or the defenda~rtt, snd sh~s s„c~
renrs, profin, income, iuves and revcrtues sha!) be ~pplied by such Receivet aocwdiny to the lien ot equer of said MOYiCsAGEE ~nd tM~e psactrrs pf sud~
Cour1. , '
8. To duly, promptly and fulty perform, discharge, execute, cffect, compkte, comply wi~h s~,d abide by eatU s~d ere*y the u~u:~ooc~, ay.een,ea~t,
conditions and covenanrs in sa~d ppa7issory .ar~ a~d this mortgsge set fo?th_
9. That in the event the ownerah;p of the mortgayed ~prem~ses, or any part thereof. becorr~es vested in ~ person otl~er ti?Sn ~ir MOY7GAfap~ ~e
MORTGACaEE, its succesw~s and ass~gns, msy, w~fhouf norKe to the MORTGAOR, deal with such successo. or succes.so. in .ne~es~ .ri~t. reieree+~z ao ths
mortgage and the debt hereby secured 'en the same m~nner u w~~h Mwrgagor w~rhout in ar,y way rir;ar:~ or dac~wy"o+g ~he Mlor~g.yors' liaoiti~r ~Sr .
under or upon the debt hereby secured. No sale of the prcmises hereby mortgaged ~nd ro forbcar~.KC on the p~ of the MpYTGA~f e? i~s s~ors .
or auigns and no ext~nsion of the time fw tFK paymeM of the deb~ hereby secured g~ve~ by the• 1fI~ORTGAGfE or ia sucoaws w a~aqrs„ ..~-rli opsaoe
ro release, discF,aryq modify ch~nge « aifecr the originsl liabitity of the MORTGAGOR here+n„ eithn ;n .rhoie a in part.
10. It is specifically agreed that time is of the essence of this contract and that no waiver ai anr obtgat~on herey~eder or oF th~ abfiq~tow ar
cured hereby sha11 at any tim~ thcreafter be held to be a waive? of the te.ms hereof e~ of the ir.cnwaerq secured herb~_
11. In add:tio~ to the forego~ng monthly paymems of priru"pat and imeres~ reqv~red by the prom;ssory ro+r secwed ~erebv, mo~Oe nore++ares
and agrees to pay ro mo:tgagee v~ith each mo~thiy paynxnt an add~uo~wl sum esnmared by mor~gs~ee to be eqwi w 1; 12 of t~e an~uat cost of y!rc iaii~,~-
~~g:
A-All real property taxes kvied or asaessed ~gai~st the above described real estate.
B-Premivms on fire and windstorm iniurance as i~erei~ reqv:red to be ca~r:ed on the improvements s:t.uate on the abo~re desc•ibed prem"s~.
C-Premiums on such mortg~ge guaranty inswar.c~ as mortgagee shatl from t:me to time deern ~i1 ro c~rry on the toan yecured lpreb~r_
Matgagee st+a+l lrom t~me to t~me notify mongagor writ~ng of the arreoum d~x and paYabk he*a+u~d~* and s~ w~*~ shaU tl+err,q+oe ~e ciue and
payaLle on the due date of ~he ~uxt month:y payment and each successive mo.~th ti+errafter ur.til m~tgagee siwU rot:iy mortg~~or oF a~~aegr 'se y~
amount. Such sums shall be applied by mortgagee toward the payment of real prop~rty taxes, inswance prem.umt, ard mortgage gwra~s~ ie~a~sae~oe
premiums•
IN WITNESS WHEREOf, the said MORTGAGOR has herevnto set hiz hand and sesi fhe day and y~w f"sfA a[oresaid.
SiQoed, Sealed and del;ve+ed in the presence of: •
?
~ ~ ie vale~rio
; An li.r:a' A. Valerio
STATE OF7~ ~ I? Y'o~tr~
i w~s?t~t~;f/~ # ss.
COUNTY (?F
; C7iarles Valerio
Befwe me personally appeared ~
? Mgelina A. Valerio ~ ~ ~ ~ ~ ~ ~ b ~ ~ ~
; the i~viduais described in and who executed the forepoing instnwnent, and acknowSeeiped before me thst tfie~r esec,~ed the sane iw the prr~mes
i ~ therein expressed. And tF?e s~~a An9elina a~ vdZ61'~O
F Charles Valerio ~
i w:fe of the ssid ~R~
~ e:am~rtation by me taken separate and apart from her said husb~nd, acicrwwkdged to and before me tFyt she ~ted said ;aw~ freef~r asd ~oY~
~ rarily and without sny compulsion, constraint, apprehension, or fw of or froen her said husband, }
~ WIiNESS my hand and official seal this day of r C J r~ A. D_ !9~?
I
Not,ry -
Return To: , MY ~ ~
' Fint Fedc~al Savings a loan Associat~on j„ n~J1
E Of fort P~erce. . ` - ~ d
~ ~ ynn~ C,~'S
~ Fo~t Pierce, flotida ~ ~
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~ This Instrument Prepared By J. H. Roberts ~ JY . "T~;~.',~ -
First Federal Savings b Loan Association : , _ ~ . - : -
~r .
~ , of Fort Pierce ti~,~~~ y~ ~ R
Checked Sy H~ - : - _ ` ~ ~f- d!?BK ~ ~
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