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3. To ptece and cuntinuo..sly leep on ti~e l,uL'cl~n ~s no.v o~ hzreahrr s:~ujte on sa~d ~3nJ and cn ei~ cq~~E ~ em ar.d pr~so~.aity co+ered by th~~ mo~tg
nga, with al! prenu~:t,s rhereon Na d~n {ul1, I,re irture•.,e m ~he ,;e~a~ sra~~ji:d ~w~~cy (arm, in a s~~n ay:pi~vrJ h~ ~he 11luR~G:.GEE. .++~d w~~d.tonn
in~Wanc! in ihe usuol Sta~:~3ord pol.ty torm, in a wm oy~,ro~ed by Ihe M~~RtGaGEE, in wth cC~npanr cr ~~.:~ai::es as ~r~z ;'.~;~ti'vAGEE may
d~reci; and all lire and w.nds~crm insurance po:~c~es on any of sa=d b.,~:d.ngs, a~y interes~ the«~n or ~:an the~rof, in the agg~cy.~Te s~m afo~ese+~ or
in eacess thereof, st~a11 :onra;n ~he u:ual st,,nclxd ~noregagre ciause or su:h o~her ~fause as ~he Mci!yayrc m~y req~,~a mo:.~~~g r~~e ~cu u~~Jrr se~J pofi-
c~es, each and evz~y, payab!r to sa~d AtJRiGAGEE os ~n ~~v~r~•st n:ay appr,~r, and each oud e~ery s~ch pc ~c~ sfia?~ br ~~ro~~~N+~y as~ g•~cJ a~ d de:~.ar~d ~o
any heid by sa~d MORfGAGEE as (urthrr sec.,~~ty ~o a~~d ~~.o~~ya~r de6t, end, not fess ehan ten t10) days ~d.a:.ce of ihr e,p~:anon of r,ch Fwiuy, to dr-
liver to said A10RTGAl•EE a re~iewoi thereof, toge~her with a receipt for ihe p~em~um oi auch renev~al; a~~d ~hr~e ahall be no E,•e or wu~dstc•~n insurance
platrd on any of said build~ngs, any inT<•;est there~n w part thereoS, untess in the fonn a~~d w,~h the Iosa payaL'e as afc,resaid; and ~n the event any sum
of money becoRies pafa:r7c veidrr such p~licy o+ poi.cies s.+id h'ORTGAGEE ahail have rhe oNt~on to rec:i:~ .,nd apH!y the se~ne on accoun~ ol ihe inJ~bt~•d~
nesa aecured hereby or to permn sa~d !.SORIGAGORS to rec~~ve and ~se it or a:~y p:,r~ i` ,•:~~of t;r on~•.~ .„r~-s~~s. :..t~,..! ih . ..r
+~y any equny, :I,n w r~gfit ~ndar or by v~rtue of fhis n~c.~~a~c; a~°.d in the erenr sad ti".02TGaGpRS sh~!I ;or any rz~aon fo~! to k~~e~~ rh.: saJ ~~re~n~s:s so
~~SUret~, O~ fail t0 deliver prpmptly dny of Sa~d poi;Ci?S of insurante t0 se:d MOATGAGtE, Cr fy: ~r.crn~tiy to {:ay iu~ly any ~+•c'~~~~..•r thrrcf~r Ir, an~
respeu iail to pe:fo~m, d:scharge, exea~te, elfect, co~np,ete, conp~y ~vith and ab~de by th~s covenanf, o~ anr p~rr h~•r~of, s.+~d Mt:~RI'v~GcE ~nay p:ace a a
pay fo~ such inswante ei eny part thereof wnfioul wa+v~ng or a!fecting any option, lien, eq~~ty, or r~ght undar or by v~•rue of ihis A!crtg.,ge, a~:d thc
f~:l amo~nt of each and e~e~y such payn:rm shall be ~m~ned~ately due arxl payable and sha11 bear int~res~ trom the dafe th~reof u~.t~i p..~d ar the r.:re ot
n~ne per cenrum per annun, and toart!:_r ~nh sveh i~ur:rsr shvll :~e sacu•ed by !he lien of 1hi3 mortgage.
J. io pe~mit, cammit or sutler no waste, impai~ment or deter.orahon of sa+d prcperty or any part thereof.
S. To pay all and singular the cosrs, cha~ges and expenses, ~nclud~ng a reasonable attorne~•'s fee and costs oF at~stracts of tiile, in~~rred o~ p~~J at
any time 4y said A10RTGAG`_E, because or in the ev~nt of the fa;iure on the part of the said ht~RTGAGOR to duty, pro~~Ft~y and fuily re~fonn, d~sei~arg~
e.ecute, eHect, comp!ete, comply w~th and ab:de by ea.h and every ihe stlpulai~ons, agreemeNS, cond~t~ons, and covenan+s oi sa~d pru~.~~>sory note a~~d th~e
mortgage any o? enhe~, and sad coats, charges and eapenses, each and every, shall be immrd~ately due and paya6:e: whe~her or not +h~•re be not~ce d-
r.,and, attempt to co:i~t or suit pend~r.g; arx! ~he full amount of each a~d every svch payment sholl bea. inte~est lrom the date thereot until pa~d at ~he
~}e ut ~i;ne per crntum y,,.~r a:i~~:. a~f sa~d costs, u,a:ges and exxnses incwred or pa~d, ~og~:htr w,th wch ~ntereat, shnil be secured by the ~~on of th~•
mortgage. '
6. That (a} in the event of any breacfi of this Mortyage or default on ~t,e part of the A!QRIGAGJR, or ;p) in the evenl any of sa'd sums of money
h~~rein refeired to be not promptly aod fully pald wiihin th,~ty (30) days ~ex~ arrc~ the same srve~a:ty become due and payab!e, wiN~out de:nand or nofice.
er ;c) in thr event each a~d every the stipu:anons, a~reemenu, con~+,;,o~~s and cove~ams of sa.d promissory nose and fh~s n:otrgagr ony or e~rher are no1
i~:y, promptly and +~i!y per(ormed, d.scharg<d, execur~~d, effeued, tornplered, conpi~ed w~~h aRd ab~ded 5y, then in e;~hrr or any such event the sa~d ag
g~egate sum mem~oned in said pra~~issory note ?hen remaini~g ~npa~d, with intr~e>t accrued, and atl moneys secured hvrehy, shalf become due and pay
ab'e forth.vith, or thercafier, at the ep~~on of sa~d h{ORTGAGEE, as iui,y and comp!erely as if a~! of the said svms of ineney were ony~na.ly st:pu,ated
ro be pa!d on suth day, anyth~ng in sa.d prorn:ssory note or in this 6tortgage to the contrary ~1O1N11I:S1Jtldt~l9; and thereupon or thereafter at the opt~on of
sa.d MORiGAGEE, v.~ehout nor~ce o~ demand, su~t at law er in equity, thcrefore or thereaher begun, may be presrcuted as if all monryt secured he~eby
n,d maNred pnor to rts institut+on.
7. Thar in the evrnt th~t at the beginn:~,g of or at any time pend~ng any su:t upon th~s t: oregage, or to foreclose it, or to refo*m it, or 1o erforce
F'~yment of any tlaims he•e~~~der, sa~d A',02TGi~G~E s!~a`.i app!y to thc Cou~t having ~unsd.tt~on thereol for thc apNO~ntn.ent of a Reteiver, such ~o~rt sha+l
f::•thwith a~poe~t a reCe~ve~ of said mortgag~d p~aprrfy ail and sing~iar, Jn~!vd ng a;~ a~id s~ny~~~ar the ir.co%ne, j:~of~t1, issves and revrnues from wheteve~
s_ o•ce der;ved, eech and every of wh.ch, u oe~ng exwess'y understcod. ~s hereby mortgaged as ~f spec~ficai:y sel forth and drstnt<d ~n the g~arting and
>»:~endum c~a~ses her~f, and s~ch Rece~ver shai: have ail the b.;,ad and effecrive f~nct•ons and F,o~vers in a~yw~se enrrustee! by a Cc:,rf to a R_crne:, and
s, ch appointment sheit ae n,adr oy such Court as an ad.^~tted equ~ty and a r*-aaer of abso:ute right to said MOR7GAGEE, a~d wrth~ut reference to the
edequacy oi inadequacy of thr val~e of tii'r preperty mo•tgaged er to the so,vency or ~nsoivency of said MOS2iGAGQR or the dcre~~d~nts, and rhee such
-e•~+s, profns, income, issues and rewer~ues sha11 be apai~ed oy s~ch Rece~ver accord~ng to the Gen o~-equrty of sa:d MORiGAGEE and the p~achce of such
Court.
8. To duly, prompt!y and f~(ly perforn•., dncharge, execvre, effec~, compiete, comNly wirh and abide by each and every the stfpu~at(ons, agree:neNS,
cor,dit~ons and cove~a~ts ~n sa~d prom~ssory nore a::d rhls me~rgage ser forth.
9. That in the evc:» rhe ownersh~p of the mortgaged prem~ses, or any part t~ereof, becomes vested in a person other than the MORiGAGOR, the
:•JRTGAGEE, its successors ar,d ass~gns, may, w:thout no*ice to the VIORiG~OR, deet ,n:fh svch s~cteuor or svccessor ~n interest ~v~rh rc!erence to th~s
c tgage and the debt hereby secured in the same mannrr as w~rh G'lo~vgagor w~rhour in any way vit;ating or d,scharging the Mcragagori ilab~lity here-
.^der or upon the deb~ he~eby secured. No sa!e cf'the pre•nnes h~•rrDy mo~tgayed ar.d no forbearance on the pare oi the G10RTGAGEE o~ ~fs successors
ur assigns and rto eat2nzion of the time for thr payrreM of the debt h~~eby se:~red gi.en by the MOR7GAGEE o~ :fs successors or ass.gns, at:ail ope~ate
ro re+ease, d.scharge, mod;fy change o~ affect fhe ong;nal liao 1rty of ihe MORiGAGOR herein, either in whole or in part.
1C. It is speufically agreed fhat t~me is of the essence ef th;s contract and that r.o waiver of any ob~:~at~on hereunder or ot the ob!igation se-
_~red hereby sfia.: at any time thcrea!ser be he:d to be a w~~.er of the terms hereof or of the insrrument srwred hc~by.
11. Ir. atid s:en to rhe foreg~ :rc~•i,:y ;;a;.n,•nrs o{ ,:i^c pai and inter~s! req~~red by fhe prom sscry nv~- s~c~red h~r_6~, rr~orrqa3~r corenanrs
' d aqrees to pay to n:orr~agee x~~h eac~ ~:~~nrh'y +:a~~ e:-~t an add,r~ona! su~r. _st ~ ated b~ mo:igagee to be eq~c.i ro 1 12 oi t;~.e „n:wal cosr of the loflow-
~~,3:
A-A!I real cro~e:ty fax:z ~en~~ or aisesi_~d og;i st th; .,c~ve desc•~bcd r•_a~ esta~e.
6- Fr~~.,,, ~-s en f~rA ar.~ we:ciiio'•n irti~rar.ce a> n_•re;n r,q~;red to kae ca:r~.d o^ tne :rn;;rovem~nts s~tuate o~ the a5ovr d_sc~oed premises.
C-Dre+r.;~,•.~s o:v such mon~sue guaraa7y ics~-a~ ce as mo•tgacee sha;l f:cr t rne to ti~ne deem fit to ca:ry on the loan secured hereb~.
t.~.ortgaqee s~~a~i j.'CT i;-~,e ro r,~.:e no•,{; mc-~yagcr m fr. it~ng ef the a:- o~ ~,r dv~ and payjble hereunder and svc!~ su n sh~il thereupon be due and
t ~r~ble on rhe dve date of The r,rMt ~nonth:y payment and each successive r.onth tnereafter ucti~ mortgagee shall nohfy rnortyagor of a change in such
uunt. S~ch sums s'ra:i Ue aFp.i_d by mortgagae to.vard the pa~:.:ent af reai property saxes, insurar.ce prem.ums, a~~d mortgage gua•anty msurance
c•pmiums.
IN 1'YITh~ESS YlHEREOF, the sa~d MORiGAGOR has h=reunto set his ha:;d and seal rhe day and y r lir~t aforesa;d. ~
S~gned, Sea~ed and delivered in the presence of:
($eal)
f'~ e%~~'-t C O@' Gl VO _ tSe 1
' - - ~ ~r ~
' _ Vita GiamaalVO ~~a~y
~ -
? SI;~TE Of J~( ~-t'L~ ~
~
~ ~JU'dTY OF _ ~
` Before me persona y appeared Joseph Giaaaalvo and
~ V~La Gl~$d],VO _ his wife, to me we~l known and known t8 'ne to be
~ 'he ind~viduais described in and who execured the foregoing instrument, and atknowiedged before me that they executed the same for the purpozes
~ rhe~ein expressed. And the sa~d- _ Vltd G1aIIns3IV0
~ r: fe of tfie sa~a Joseph Gia,aa~alv~o , upon a separate and private
~ e. om~narion by rne 7aRen separate and apar! fro.m her said h~sband, acknowledged to and before me that she executed said instrumen reely and votun-
; 'an~y and w~thout any compu;s9on, tons!raint, a,r.prehens;/on~,
~or fear of o~ from her said hus nd.
~ WITNESS my hand and offic~ai seal this-_ pi~!-- day of ' Ct~b q p ~q 73
Notary P c ' ~e~,
i My Co mission expires:
1 Return To: ~~.r°•' y °pr ~
; (inTAF`" ; ~ v,~r?
fint federal Savings 6 loan Asso:iat;o~ ~ .
df Fcrt P~,.ce r~r,, t;:
S ~~l ~r.:ic. , i
Fort Pi,_,te, Fior,Ja ~
l
~ f~~~~ A,,o wECOR0E0
X This lnstrument Pre ared B J. H. Robezts Jz. St.iuc~~. ~~~ya~S~A ~
~ P Y , RCs~.F :
3 First Federal Savings 8~ Loan Association ~~EP.l~ C: ^ C~UaT
of Fort Pierce , Fl~r ida Rf ~ 0^~~ ~ F '`0
i p
Checked By O~j t6 `t 19
; ~'oo~ 220 674 6~QS 3
~ i. 3
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