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3. To place and co~~lnuo~siy keep on the b~iid~~~gs ~ww or hrreaiter ~itv~te on said I~nd and on all equ~pmero and personsliy cove~ed by ~hi~ matg-
ege, w~th all pre~~~ums thereon pa:d ~n full, f~r.: ins~rance in the ~sual atenda~d poi~q torm, in a sum apwo.ad by the MORiGAGEE, a~~d winda~orm
~nsu~ant! ~n Ihe usual standard pol~cy fe+~n, in a svm approved by the MORTGAGEE, in auch company or companies a~ the MORiGAGEE may
d~rect; a~xl al) (ire and w~~dsroim insuronce po~~cie• on aoy of sald oui~d~nys, any inleresl tF~rein ut part ~hereof, in ths aggrrgste sum afwesaid w ".I
in e:cess Ihereof, shaU co~~ain ~he usual a~e::dard mortgagee da~se or such other dauae s~ the Mortgagee may requ~rs, making 1he ioss under ~a~d poli- -
ues, each and every, payab~e ~o sa~d MORTvAGEE as ~~s in~aresl n,ay appear, and ea~h end every such po:icy ahall Ue promptly asi gned and deGvcred to ,
any held by said MORTGAGEE a~ furrhe~ sscu~ity to saic! mortgage debt, and, not ieu than ten (10) days in ad~ance of the expiretion of eath polrcy, to da
Iwer to said MORiGAGFE a renewal Ihe~eof, together wi•n a rece~pl for the p.emium of such renewal; and thrre sh~ll be no i~re o~ windatonn inw~~nte
placed on any of said buildings, any intarest there~n w,~e~t rha~eof, untcss in ~he {orm a~id w~~h the loss payable as a4oresaid; ~~d in the eveot any sum
ot n,o~~y becomes payabte vnder s~ch policy o~ pol~des said MORTuAGEE shall have the oprion to receive a,xl apply the san+e on accounl of Ihe indebted-
ne~s sec~~ed Frereby or tu perm~~ said MORiGAGORS to receive and utie it d any rf~e~c•oI tor o;ner pu~~~cses, r.~thout ~h ~r, u~ wa~~i.~g or +~npau-
ing any ~qulty, tien w rigM un~er or by virtue of 1h~s mortgage; and in Ihe even~ sa;d NORiGAGORS sha~l 4w any reason fail to kaep the sa~d p~emises so ~
~ns~red, o? fail to de~iver promptly any of sa~d pol~cirs of insur3nce to said MCR1GAGtE, or fa~l promptly to pay fuily any pre~ni~m lherefw o~ in a~y
r~sF~ru fail lo perform, d~zcharge, eaecure, eftet~, compiete, co~T,p~y wi~h and ab~de by th~s covenant, or any parl hareoi, said MORT„AGEE may place a~d ~ f~
pa: for ~~th insurance or any pa+t ~hereof without waiving or afFrctin9 any o~t~on, iien, equ:ty; or r~ght under w b~ virtue of this Mwtgage, and tht ,
1~~!I amoun~ o( each a~d e.ery wch pay~nrm sh~ll be ~~nm~d~e~eiy d~e and payab!e and shall bear interest irom Ihe date thercof until paid at 1he rate o1 .
e per centum pet ann•~m and ~o3r.h:•r ~ti~:h such inte:c~r sh~li !+e secw~•d by ~he I:en of this mortgage. i
4, io permit, commit or auffer no was~a, impainnent w drtrt~o~at;on of said uroperty w any part thereof.
5. To pay all and •ingvlar the costs, charges and eapenars, indud+~g a reasona6le altorney's fee and costs oi abstrads of title, irtturrQd w psid at
Nmc by sa~d h10RtGAGfE, because or ~n thc event oi the fa:~ure on the part of thr soid htORiGAGOR to duty, piomptly and fully p@rfwm, distnarge.
_.ecuta, effect, cemplete, tomply woh and ab.de 6y eac}rand every the stip~!at~ons, agreements, tonditioris, +nd tovenants of sa+d promiswry note and this
,•~ngage any or ei~her, and aa:d ccsrs, cherges ~~:d .;xpenses, each and every, shalt be immediatrly due and payable; wherhsr p not the~e be notice dr i
mand, atter~pt lo cotlect or suit pend~ng; and the full aenount oi each and every such paymem shali bea~ interest Irom the dste ti~ereof until paid at the t
o! n~ne }~er crntum uer an~~~:~r, anc ai! sa~d c~s~s, cna ges a~,J ea,:r~:sea uxurred or Ha~d, toyeiher w~th such interes~, shall be sewred by the lien of thi~ :
-nortgage. ~
6. That (t) in the event of any breach of thie MortgJge or default on the part of tne MORTGAGOR, or (b) in the event any of sa:d sums of money
i,erein refe~red +o be not pro~~pNy and lulty pald .v~~hir. th~rty {3J) days next a~!c~ ~he same se+era'ty become due and payable, without demand a notiee,
;-r in the event each and every the s~~puiations, agreemenrs, cond~tions and covenants ot sa.d promiswry note and this mortgage any or e~ther are not
.'.~:y, p:ompNy and tu~ly pz~fvr~naJ, da~ti~:9~d, executed, e!feued, co~np'eted, compiled v:~~h and ab~ded by, then in e~ther or any s~ch evenl Ihe said ag-
~ ~ate sum mentio~ird in sa~d prom~ssory nc'r tt~rn re~.~aining u~pe~d, w~th m;ere~t acc~..ed, a~~d ail moneys setured hereby, shatl betome dut and pay-
fu+thwirh, or thereeftrr, at the o, c~on ut s~.d h'.ORTGAGEE, as fv1ly ancl :on,;;.-ie!y as if aik of the said sum: of rr.oney were or~gine;ly stipulated i
pa'd on wch d.:y. anythirq in s.. o p~c n~sso~y nete or in th~s 1.~.o~tgage to thr c~nr.ary not.v.thsfanding; ar.d thereupon or thereaitet s~ the option of
ti:! .'.1URTGAGEE, w~thc~t not,ce c+ r'•;ms ;l, s~~t at faw or in eq~+ry, the~eiore or tF:ercafter beyvn, n:ay Ge prosecuted as if all moneys sewred hereby
matured pnor to its ~nst~tvr~on
7. 7hat ~n the event thet et Tne b~•g1en:•:,3 ,f or at any t,~re ~ndiny any w~t ~pon th~s Mo.tyage, or to fweclose it, or to re(orm it, or to enforee
ne„t o{ any c'~:~ns Fere~r:~:r. sa:c .tJRTC~Av=c sha!1 apply to thc Co~~rt h~:~~~g jU~~sd.t:icn !I:e~ec! for the appo~ntment of a Receiver, suth Court shall
~...;~h ,~p~cirn o~~._..er oi s.• d r. _.•ya~.-u Frc^ :ty a!1 and singu!ar, intiuu~•g o~:d s~~~viar tl:e ircome. profds, issues and revenues ftom whatever
den,~ed, e.:ci: a~d c.cry ot ~~t~.ch, n<~irg ~•rFvess'y unde~stcad, is kere!~~ ~..w~qeged as :f spec~i~catty set fo~th and dexribed in the granting and
_:~nd~m c'auses Fi'_Gt, J!~l~ svch Rece~aer sl~aii ha:e a~l ~he brcad and rifer:.e fu: c• o~u and powe~s in anyw~se ent~usted by a Co~rt to a Rtceiver, and
. ^ appoin!~ne~d sna:i bc inade hy s~;ti. Cavrt ns an ed;n;ited equity anri a n~atta o' ab.oiutr ngM to said MORTGAGEE, and wi:hout rcterence to Ihe
;u;cy or inadeq~acy of the vawe of fhe p~oFnrty mo~!gaged or to ti,e sa.ve~~cy or ~~._u,.cncy o1 said MORiGAvOR o~ the deiendants, and that wth
•s proiits, inco~n~, lssves a~d re~er.ces shall be app~led !,y wch Receiver ac:urd.~+3 ~o the lien w e~uity of said MORTGAGEE and the pracrite of such
rt. , . ~ .
8. To du(y, F~o=~:.t!y a~d fu!ty rerlo•rn, d~s~harg~, execute, efted, com•plete, c~ .~~~i~ wilh and abide by each and every the stipulations, agreemeMS,
.~t:ons ar.d tovenar:n ~n said promisso~y note aud th;s m:.rtqage srt furlh.
9. ;F.at in ti,e event the u~vr.e~sn~p of rFe morlgag~d premises, o: ary Fart t'r.er:cf, becomes vested in a plrson othe~ th~~ the MORTGAGOR, the t
.:?~~AGEE, itz si~ccesson ~nti 35<i~na, riay, w~~te~ut n~a~c~ to r~~•_ X'J?iGAO<. d~a: ::~~ii such successor or successor in interesl witfi reference to this
r~og¢ ard ~h~ d_c~ f:c~eby sec~~red in the same r;ur.r.r' a5 •..~:~t :'.'1r'gago• .v~thcut ;n any tivay vit:ating w dscharging the Mortgagors' liability herc-
- o: vpon the d:rbt i~~~re:•y se.•.~~:u. s_~'> ~:f ~~r~s~s F:~r. b, ~t~or!gagrd aed no forbearance on the pan of the /dOR1GAG~E w its suctessors
. r~•,s ar:d ~o e>'t•rs~o^ of rh.~ r, ~ fc-.~ :%,A r,+~~. erPr ~oi t~~e d. ii• i~~~,k:y secured g~.en by the MORTGAGEE o: ~ts svccessors or aui9ns, ahail operate
, d~scha-ye, mod:*~ c~~~^y~: , ~'Fe:t the c: o~na! .~ao':ry oi ~t~e N~)RIGAGOk herein, either in whole or in part.
i0. It is spec~ficatly r.qr.~.zd ..e is oj tF:e ~sse~ce of t}•.s contract and ~hat no waiver of any obllgatfon hereunder w of the oblgation se-
.-ed h~reby sha'i at an. t~T:e ti~zre~'r;er be h_!d to a wc~Yer cf t!: ~ ter~~~s hereof or of the instrument secured herby.
11. In _•Jdl • ro t~-, ior_
;c ~g ~.~;h'; ~:a; -_n:s of p,n. c~»i ar.d inre:rst requ~red by the prom~ssory no~e secured hereby, mortgagor eovenanfs
_•ees 'o pa~ to~~~~,rrg ~gcc :.i•i, ;;_h r, o•~~r~ y; ,._~:t an ~;..5 ~ra' w^~ a~ed b~ mortgagee `o be eq~a~ to l;`12 of the annual cost of the fo{low-
q_Gii rea~ {:roporly taa •s ~e.:._r: r,ss~->~._i ,,y,~".st ti~-. anove d_sc'~!,cd ;ca~ es'atr..
5 Fr ~~-u en 4:re ar.~ .•r~-:c;s,cr~r. ir.SC~~~ c~ a5 he <;n r>>q~:red to br carr~cd on the :mproveme~ts s+tuata on the above dascribed premises.
C-Pre^~~•~:• s o:i w<h rr,ore~ ;ge g..ar~•:tv ~rsurer c~ as mcrrg3cee shaii trc~e • n:~ ro time deem fit to carry on ihe loan secured hereby.
r,tortgagre s~a i~o-r~ r~~~:e ±o i:~~•e ~.c~ i; n.:::! ;ag~r i~ writ~ng ~f tho a~•.o~nt d;,~ and payabte here~nde+ and such surn shaH thereupon be due and
~ ~ic on the u.,~- e.+~e of the n•~<r .,.o~t^'~ ~~y~~-ent a:,d e:ch su~u~ssive month thereaFtar uroil mortgaqee shall notify mortgagor of a change in wth
{ ~tT. Such wms s' ~:1 be ~p~•:i~d 'uy ':a~r~a':-;~ to•. ~:c~ ii~e ~,a;~rent of real prepe~ty taxes, insurance pre:n:ums, and mortgage guara ' surance
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E it~ WtTNESS :1HERE~F, sa:d "J,CRiGi.vUR nas hereunto set his hard ana seal the day and year first aforesaid.
~ Sig 1 an e~ive in the presence of: /y~ • t
~ ~f~~D ..4t:: =6GDfiDF1~ -
~ - - L:II~^.,E : ~U1i~f1' ~.U~. srw~~~ uP ~u`' Seaq
~ - - - - - - {t•~ ~ = = ~ 41 i~dib ~ ' (Seaq
~ CIERr CvIT ~OWBT ~t
F{ ;~F~ f ~!E'r..~..~~ ~ `'cL-'(Seaq
C~~~ - - , ~ ~ :
~ ~Seal)
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- - - -
. ; E OF FLORIDA ~ ~
~ u' ~3~I~1~96"~
~~:-v oF ~-~uc_ie - ~
y
Before me persona~iy a~p~a~ea Mohammad Arif Parupia a~
C thia A. Paru ia
~ p his wife, to me well known and knowo to me to be
;::dividua:s described in and who executed the forego~ng instrumeM, and acknow~edged before me tbal they eaecuted the wme for ihe p~rposes ~
~ ein expressed. Ard the :a~d_______ _ Cynthia A. Parupia
~ Mohammad Arif paru ia r~
of the said - ,Uj1a,"~.~ and privats
~ nat~on by rne take~ sepa~ate and apart irom her said husbar.d, acknowledged to and before me that shr execu ~.(1'~and volun-
~ ! and w:!hout any compulsion, co~stra~nt, apprehens~on, or fear of or from her said husband. ~"r!:,~~ ~/i '
. , ~ ~ i~ ?
~ Y:IiNE~S my hanJ and offuai seal th:s_ _ day o A rll ~~t •'/Sl.' ~~f~ 7 S
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` otary Pu lit in arsd for ~ f F 'da;'a,. r]1 -
r' My Commissior~ experes- ~ • ~ . _ (y;~~~ ~ ;
e_ Rer~rn To~ ry F•• ~ c
,:rst Fedetal S~vir,gs 8 loan Asso'.~~,t,on N~y C~~~~~~ ~ ~ ~ V
? Ot ~~rt Pe;c-,. Bcqdsd~.~~~L~~ ~ff
bY ~topsr! 7 w~r,' .
~ Fort P~erce. F~cr cl> ~ CM.
"Rtlfi~•,•~•
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~ 7his Instrument Prepared By ,I. Hal Roberts, Jr.
~z First Federal Savings & Loan Association
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of Fort Pierce , Florida 33450
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~ Checked By
~o~x 238 PACE1549 ;
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