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To plac~ end continuou~ly keep o~ fhe bui:tl~ngf now on c~rea.'ter ~ituat~ on sa~d Isr.d and on al~ equipmeM and psrsondly tovered by this morl~
ege, wilh ~tl prem:ums t?~ereon pa~d in Full, iire ins~rance ~n tha ~s~el ita~de~d ~ticy to~m, in a sum spp~ovcd by Ihe MORiGAGEE, a~d w~ndslorm
lnsuranct in the usual ~tanda~d pol~cy torm, in a sum approved by ~he MORiGAGfE, ~n such company w canpaniti as tFa MORTGAGEE may
d~rect; ~nd all fire and wlnds~orm insurance po~~ues on •ny of said bu~~d~ngs, any intere~t ~txrein o~ psrt thereo(, io ~he aggr~g~te sum ~fo~eseid w 1' p
~n eaceu Ihereof, ahatl contain the usual s+anderd mortgagee cca~ise or such oiher clause as ths Matgagcs may requ~rs, maki~ ~he loss under sa~d poli- t' ~
c~es, each and avery, payab!e ro s~id MJRTGAGEE as its imerrst m~y appee~, ei.d each and every such po6cy ahall be prompNy ass.gned and del~vered to
eny hetd by said MORIGAGEE ~s furthe~ seturity ro uid mwtgage deb~, and, no~ lest ~1wn len (101 d~ys in adva~xs of Ihe •xpirat~on of eath polity, lo de-
i~~er to said MORTGAGEE a renewal rhereoF, togethsr with a receipt fw the p~emium oi such re~ewal; and the~e ~hall b~ no fire or windsto~m insurance +
pleced on ~ny of said bui~ding~, any intcrest there~n or part thereof, unlesa in rhe fonn and wiih the loss payabte aa a(oressid; a~+d ~n the evem any sum '
ot money becomas payable under such policy or poGcies sa~d MORIGAGEE shaU have ~he opno~ to receive and ap~ly the same on accouM of the indebted-
ness secured harrby or ro permit ssid MORiGAGORS to retaive and use i1 a any part the:~of for otitier puiposes, w~~ho~t th_rcu; wai~i or ~mpair-
~ng eny eqv~ty, lien a r~gh~ unde~ w by virtue o1 this mo:sg~ge; and i~ the event sa~d MORTG+~GORS shatl fw any reason fail to keep the said premises so
;nsured, or (ail to delrver promplly any of said poLcies of iosuraoce to said MORiGAGEE, or fail prompNy to pay folly any premium therofor or in any '
respect (ail to perform, d~scharge, execute, eHect, complete, comply wi~h and abide by th~s coveneni, w any par~ hereof, said MORiGAGEE may place and t~~~~
pav fo~ s~ch insurance or any parl therooF w~rhout waiving w affetting any option, Gen, equity, or ~igM unde~ ot by virtue o1 ~his Matqage, ~nd the
iv11 amount of each a~d every such payment shall be immediately due and payable end shall bear i~terest from Ihe date thereof uMil paid at the rate o1 ~
•::,e per centum per en~um a~xf to~e~her wirh such ~nte~rsr sha~i !x secured by the Len oi this mortgage_
4. TO permif, commit Of suf{er no waste, inipsirntent Ot deterior8liOn of said Nrop2rty 0/ any paA tFlereOf. !
5. To pay a11 and singula~ the costs, charges and ex~enses. ~nclud:ng a ~easonabte attwney's fee and coets of abstracta of tiNe, incuned or paid at
.ny fime by saiJ MORiGAG:E, because or ~n the ~ivant of the failute on the parl of the aaid MORTGAGOR to duly, prompNy and f~tiy perForm, d~scharga. ;
.~cuta, effe~t, complete, comply wdh and ab:de by each and every rhe stipulat~ons, agreemenfs, conditions, and covensnts of said promissory note and ~h;i
:rtgage any or etther, and sa~d cosfs, charges and e~cpensea, each and every, ahall tx immedialely due and payable; whether w not tAere be notice da
-,,~^d, attempt to cottect or suit pend~ng; and the fulf amoun! of each end every svch payment shall bea~ interea~ from tAe date Ihereof until paid et the
~ n~ne per centum par annu~ , a,~d all sa~d custs, chargrs and ea~,enses ~ncurred w paid, together w~th suth interesl, shall be setured by the lien of thif
n,ortyage.
6. That (a) in the evenl of a~y breach of this Mortgage or default on ~he part c~f the MORTGAGOR, w(b) in the event any of taid suma of money •
~refn referred to be not promptly ar.d fully paid wiih~n thirty (30) days next afrer ihe same severally 6ecome dve nnd payable, without dem~nd o? notice,
c. in thr evrnt each and every the stipularions, agreements, condttions and covertants of sa;d promissory ~ott and th~s morfgage any w erther are not
i.;:ti, p~omptly and i~'IY performed, dscharged, exewted, eifetted, cwnp+eted, compGed with and abided `ay, then in either ot any such eveM ths said ag ,
~~r~ate sum mentioned ~n said promissory note thrn re~nai.»ng unpa~d, with mterest aarued, and a1{ moneys secured hereby, shall become due and pay-
ao e forthwirA, or thereafiar, at ~he op~~on oi sa~d MORTGAG~E, as fully and co~nplete~y as if all of ~he said suma of money we~e ori9inally stipulafed
.o De pa;d on such day, anyth~ng in sa.d p~om~ssory note or i~ this Mo:tgage to the comrary notw~thstanding; and thereupon o? theteaiter al the option o~
s- d MORTGAGEE, w~ihouf nor~ce or de~~~ar.d, svii at law w in equity, therefore or thereairer begun, may be prosecuted as if all moneys secured hereby
n.,d mawred pnor to iri institvtion.
7_ That in the event that at the beyinn;ng of or at any ti~ne pendir~g any suit upon this Mortgage, or to faeclose it, o? to reform it, or to enfo?ca
...~~,ent oi any c!rms hereunder, aai~ IAORTGAGEE shall appty to the Court ha.•;ng ~unid:ct~on ~he~eo} ior the appo~ntmmt of a Receiver, suth CouA shall'
•,,,ith appu+nt a rece~ver of -sa~d mo.tgagrd property a!1 and s:+~gular, inc~ud,ng a~l and sngu~ar the income, proflts, issues and revenues from whatever
: der~ved, each ar.d every of wh~tih, rt being expressly understood, is hereby mo~tgaged as if specifically set Fwth and described in the granting and
i,: ,:,dum da~ses F.ereof, and such Receirer shall have a~t the broad.and effective for.cs.e:u and pewers in anyw~se entrusted by a Courf to a Reteiver, and
appoin!men? shali be made by such Court as an adm~rted equity and a matter o4 avsotute r;gh~ to said MORTGAGEE, and without reference to the
_ioacy or inadequacy of the vaiue of ~he property morrgaged or to the so:ve,~cy or ~n<_olventy of said MORiGAGOR o? the defendams, and that svch
~ •s, prof~+s, ~ncome, issues and revenues shatt be applied by such Reteiver accord~ng ~o tha {ien or eqvity of taid'bIIORTGAGEE and the proUite o( such
=_c~rt.
S. To dufy, prempt~y and f~;Iy perfo.m, discharge, execute, effect, comp~ete, con,ply with and abide by each and every the stipulations, agreemeMS,
cd;t ens end covenan+s ~n sa~d promissory note and th:s mortgage set forth_
9_ Ihet in the event the ovv~ershEp of the mo:tgaged premises, or any part thcreof, 6ecomes vested in a person other than the MORTGAGOR, the
."RiGAGfE, its wcceswrs and ass~3ns, may, wrthout nauce to the uORTGAOR, deai v.ith s~ch succeswr or successo~ in interest with referznte to this
:-+yage and the debt hereby sewred in the same mennet as w~th ;.iortgagor wrthovt ;n any way vitiating or dixha~ging the Mortgagoti liability herr
cr u~~n the debt here'uy sa;;,~+ad. `:o sa'e of t1~e Fre~i:~ses h~-r~by mo~ty,grd and no (oit~rarance on the pa~t of the RAORTGAGEE w its succe:wrs ~
-•,s>~gns a-.d no ea~e~s~on of the time tor the paym.ent of ttie debt he~eby secured g:ven by the MORTGAGEE or its successors or auigns, shall operate (
•o r_ case, d~scharge, modify cha~~g= or aftect ~'~e orig,nai liau:i:t~ of the N.ORiGAGOR herein, either in whole or in part. ~
10. It is spec:ficafly agreed that tin~e is of ;he essence of th~s contcact and that no waiver of any o5iigation hereunder or of the obligation se
c~ ed hereoy shatl at any tir}e thrrea'ter be heid to be a ws:ver o` the terms he~eot or of the instrumero secured herby. f
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11. fn atid.t.~, ~ ro ti~e ~xegc •ronth'y Hoymrnes of pn:u aat and interest reqv~:ed by the prom~ssory no~e secured hereb~, mortgagor eovenants ~
ay•ces to pay ro ~~orry?gce v,ith ra:%: rr.o~~+h:y pa~.: ent an add~~:o:.a! sum es:~^:a!ed b/ mwtgagee to be equai to 1; 12 of the annual cost of the follow-
A-Atl real property taxes ~en_C or assess•=d ag3i•-st thc above desc•io^d real estate.
B-Pre~r.;u~„s on f+re and winds~orm ~nsvr~nce as here~n requ:r~d !o br carried on the improveme~ts situate on the above described premises.
~-Prem~ums on wch mort~age guaranty ir.sura:~ce as mortgagee sha:l from t:me to ti~ne deem fit to ca?ry on ihe loan secured hereby.
~ ~Jlorrgagee s~a:' 'rc~n e~:r:,_ r~ r.:r.e nor~f; mo.t~a~e• in writ~ng of the a:;~ouv d~e and payable hereunder and such sum shall thereupon be due and
~ ,h:r on the dvr oa~r oi 1n~ n_~xt moathi~ pa~ment and each succassive rnonth thereafter un~il mcrtgagee shall notify mortgagor of a change in such -
~ Such wms shaii be ap ied b m.orr a^•_e tou:ard the a ment of reat ro rt taxes, insurance rem:ums, a~~d mort a e uarant insurante
~''r. P~ Y 9 y' P r P Fe Y P 9 9 9 Y
_ ,ms.
` IN VJITNESS WHEREOF, rhe sa~d h50RTG~'.GOR has hcreunto set his hard and seal the day year fi aioresaid.
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~ Signed, Sealed ar.d deti.ered in the presence of: ~ J
E - +4
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, / - cst.~
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, '.'E OF FLpR10A ~ , .::3:!lt:ll '
1 'Y I~
' .;'~TY OF ~_Lt1C~@_ ~ ~ ~ •
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Be~re me personatty appeared - _ JO~lI'1 ~i, Zanetti •~:si~'~•
~ . ~-r~, . , .
Kathleen V. Zanetti h~: W~f~, ro me We~~ kno,~.fi'i Rno,M, ro n+e74~ec:
~ individ~als described in and who executed the for ang instrument, and acknowtedged before me that they eaetuted tde seR~qt~'~ :pYi~ef
~.e;n expressed. And tFa ssid--- Rati~l~e6II 7.8I1@tit'i~ - ~ V u S
~ • of the said - tTO~ C• .?.c1~16~i~i~ ~ ~j~a ` ~-~~_d
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~ :~ar;on by me taRen separate and apar! fra-n her said husband, acknowledged to and before me that she executed sai~ijn~~Y ~v IQ?N
~ ~ and w~thout ar,y com~ulsbn, co^s~raint, apprehens~on a fear of or from her said husband. ~i~~ ri!, ~`j
" ~lITNESS my F~and and offidai saal this___~Q ~ day of_____ Feb2'Ural'~I, ~`j~~ i1'~~
"..,:,`Tri11j111 -
~t Notary Public in and for the State of ida at larye
My Commission expires: ~ p. 3 O-?(~
q Retum To:
~ iirst federol $alings b loan Association E
Of Fc:t P:erce. ~
0
~ Forr Pier~e. Fioi~da
~
~ fILEO ANO kECOR0E0
_ aT.l.t?CIE GOUNTY FIA.
r ROCE~ P0~?RAS
~ CLERR C~RCUIT COURT j,
This Instrument Prepared By 1dri. E. B2'8tV1 RECORD VERtF1ED ~
4a Firsi Federal Savings & loan Association
~ of Fort Pierce ~~OT1d8 fEe 2Y 2 31 PH .
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~ Checked By - Ii
~ ~ 301806 ;
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~ g~ 6 p~~1785 ~ ~ ~ ~
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