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3. To place and conun~ous~y kcep on the bw'd~~~gs ~ow w lxrs+fte~ +ituala o~ sad land and oo a~~ eqv~wnem and personally cavaed by thEt mortg~ ~
egs, wilh all prem+vmi iherton pa~d in fuU, h~e insunnce i~ Iha uiwl s~~oda~d pol~ty fwm, in • tum appioved by ttu MORfGAGFE, and winditwm
:ni~rance in tl» u~ual ~tanc3ard pol:cy for~n, in a aum approved by Ihe MORTG.~GEE, in tuch company o~ ta++p+~~es as 1M MORTGAGEE may
d~rccq ~~d all (ire and w~ndsrorm i~swance poGciri co any of •s7d bwld~ny~, any inrerest therein w pa~t tha~eof, ie? IM aqyreqat~ tum dwes+id a
i~ ezce» therepF, ~h~ll contain ~lie u~ual standard mor~gagee clausa w such other ciauss ai /M Mo+~yagee n+sy requu~, m~kinp ~hs los~ under sa~d poli~
c~cs, each and every. payable to ~ald h10RIGAGEE aa ~ts imerest rs~ay appear, s~~d eacfi uKl every such policy ~hall 1» promp~~y +ssg~~ed and deGvered ~o
any held by siid MORIGAGEE as turrher aecu~iry to aa~d mwtgage d.bt, and, not Ies~ Ihan ten (10) d~yi in advance of ~he expiration of each policy, 1o da •
I;~er ~o sa~d ~dORTGAGEE a re~~ewal fhereof, ~ogerher with a roceipt for the pram~um ol sexh ronewal; u+d there ~F+alt be no fire or wind~wrm iniurance
placed on any of taid Iwilding~, any interost the~e~n or part thereof, uoles~ i~ iFx torm and with ~he ~oss payabk as aforeiaid; and in the evant any ium ;
ot mon~y bccomes paY+ble v~xie+ wch policy a pelKies said MURIGAGEE sMll Mvs ~M option M receive a+x! ~ppfy ~M same on acco~nt of ~he indebtad- ~
ness secured hereby u to permit uid MORTGAGORS to retnive and use if p any part Ihereof lor other purpos~s, w~iho~t th_reu~ wai~l~ig o~ ~mpair• ,
1n~ any equ~ty. Gen a riyht u~ a by virtue of ~h;s mo:~gage; and in Ihe went u~d MORTGAGORS shall for any reason fail to kcep ~ha sa7d premi~et w ~
~n~vred, pr fail fo ~!;ver promplly sny of said po~~c~es of insurancs to sa~d MORiGAGEE, or fait p+omptly to pay fully •ny premium Iherefot or io any ~
retpecl fail to perform, d7uha~ge, execute, e(fecl, canp;eta. canply with and abide by this :ove~ant, a any part hereoT, ~aid MORTGAGEE may plate a~d '
pay fa such i~surance or any part thereof wirbut waiving w affecliog any option, iien, equ~ty, or right under o? by virtue of this Mwtgaye, and the ~
s~;l amount of each and eve.y svch peyment shalt be imrnediately d.x aod payab!e and shall baar imerest from the date thereof umil paid al the ats ol t'l~:, ~
~:•r,e per centum per e~~nuni and to3ethe~ with such in!e~est shatt be sewred by the lien of thii morlgage.
To (xrmit, tCmmit Of wt(er n0 wasle, impdirmeN O~ deterioration of said uroperty Of ~ny aart t}ferlof. ~
5. ?o pay all snd singul~r the costs, charge~ and expenses. ~nck,ding a re+aa~able anwn~y i fee and cosls of abstracts of titl~, intwred w paid at '
.ny t6re by sa~d MORIGAG:E, bctause or +n tht event of ta~iure on Ihe part of ihe sa~d MQRiGAGOR to dvly, p~omptly snd fu11y p~riam, dwcharqe~
_.~c~te, effect, complrte, co:nply w~th and ab.Je by eath and every the s~ipulanons, agreements, conditions, and covenanb oi ~sid promisspry nots and thi~
,;o+tgage any w ei~her, and sa+d c~sts, charges and expenses, each and every, ahall be immed~ately due and payable; whetAer w not there be notice de~
n,~nd, atternpt to coltec~ or suit pend~ngt and the full amounl of each and every such payment ahall bea. i~terast frwn Ihe date thereof until pait! at th~
o> n~ne per crntum F.;r ann~rn; and ail ~aid coses, charges ar•:d eape~sra incurred o~ pa~d, togethe~ w~fh such iNC~esl, shall b~ secured by the liso of thi~
mcrfgage, i
6. That (s) in the event of a~y breach of this Morrgage w deFaulr on tF,e part of the MOltTGAGOR, a(b) in tfie event ~ny of said tums of nwney `
hrre~n ref~rred to kx ~ot prwnp~ly and :ully paid w~~hin thirty (3~) days next a{eer tne same seve.ally betome due and psy~ble, without demand W notite, ti
er ic) in the cvent e~th and every the stipuiario~s, agraemcnts. c~ndltions and covenants of sa:d ~xomi:so?y note aod th~s mortgsye any a eithtr ar~ nol `
i~ly, pranpt:y and fv~ty pertormed, dscha~~ed, axecut-d, eifecred. ca~pleted, tompi~ed w~th and at~ded 5y, then in e+ther w any such evero 1he said ag -
~rcgate Sum mentio•}ed in sa~d prom~sso~y ne:e then remain~ny unpa~d, ,vith interest accrurd, and ati moneys secured hereby, shall become due and pay~
r.r. For~hwith, or thrreafter, at the opt~on of •aid MORTGAGEE, as `uHy and compietely as ii all of the said sums of money were orgin~lly sGpulated f
• be p.a~d on such d•.y, anything in sa.d pro•n~ssory note or in thia M~tgage to the cwdrary nofw~ths~anding; and the~eupon w ihereaile~ at the opnon of
-.d /,~ORTGAGEE, w,~rhout norice or demand, s~it at law or in equ~ty, ~herefore or thereaiter be~un, may be p~osecuted as ii •11 moneys setuted hereby
r~d matu~ed pnW t0 ~TS instituhpn.
7. That in the event that at t»e beginn~ng of or at any time pertd;ng any su~t upon this Mortgage, w!o foreclose il, or t0 reform if, w to enfmts
~~.~~ent of any daims hereund:~, s.,id 410RTvPG~: shaU apply to thc Courl ha.~ng ;ur~sd:cuon therrof {w the appointment of a Receiver, such Court shall
,~i~n appoint a reteiver of sa~~i ~r,orrgaged pro;,~rt~ all and singu'ar, inc'~d~~g atS and si~.gutar the,income, profits, issues and revenuet frOm whatever
s:, den.ed, eath and every of wh~ch, It lxing r..p.rssi~• undrnrocKl, is her:by ~no+~~aged as if spec+fically xt iwth and described in the yranting and
._`;endum r.aines hereof, and svch Receiver shaU have a:l the brcad and effecr;~e fv~o~s and powers ie anywise entruited by a Court to a Receivtr, and f
;,;h appointment sh31i be n,ade by such Court as an adm~~tcd equi~y and a~~atrer of abaolute right to said AFORTGAGEE, and witFr~ut reference to the
~.:-.y~acy o~ inadequacy of thr vawe of lhe property mortgaged or to t!K so,.•e-~<i or ~r.solvency of ss~d MORIGAGOR a ihe defendants, and that such •
r: ,~s prof~ts, income, issues and revenues aha~i be applied by such Rece~.er accord~ng ro the {ien ot equity of wid M~RTGAGEE and the practics of suth j
Ccu: t. ;
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8. To dv!y, promptiy a~d Fulfy perform, d~schjrge, exewte, ef(ed, cornplete, comply with and abide by each and every the stipulations, agreements, ~
-,-.-~'~ons and covenan~s in sa~d promiswry no!e and fhis mortgage set forth.
9. IFat i~ the eve^t the ownenhip of thc mortgagcd prem~ses, o~ any part thereof, becomes vested in a person other than the MORTGAGOR, the ~
:._?TGAGE~, i!s acci;zwrs and aisigns, rnay, wrtlwut no~;ce to the AiORTGi.GR, deal ,.iih auch succeuor w successa in interest with reference to this
+yage a~d ~he d_t~t heret.y secvred in the same mar.ner as w~th Rlortgagor withcut in any way vitiating a discharging the Mortgagors' (isbility here-
o~ up~ +h^ d•.bt hereuy secured. F~o saie of the Fremises herrby mortgaged and no fwbearante on ~he part oi the MORTGAGEE or its suteessors t
.+s> gns ar.d :~a @~'fnS~OR af !he t~~ne fo+ the pryment oi the deb? here~y secu•ed given by Ihe MORTGAGEf or its successws or auigns, shall operate _ ;
~ re edse, d scharge, .~odify chen~e or afiect t}x o: ~g:n:ui ~iab~i~ty of the N,CRiGAGOR nerein, either in whole or in part.
10. It is spec[ficaiiy agreed rhar t7m~ is of fhe ezsence of tF,ls contract and fhat no wsiver ol any obt~gation hereunder or of ths obiigatan sr
;.;red FI.'ffDy shaii at any timc thrreafte~ be he!d io be a wairer of the !erms hereof or of the instru:neni secured herby.
11. In a;L_l.f:,-~~ ro r!,e fo.e9o n~ n:~ntn'y pay:,: •nrs ~f E•r:::-'pal and i~ feresr re4u~red b~ the prom~sscry ~wte secured hereby. mortgagor eovenaNs
• i,:_~~es to pay to r.,ortg~c,ee ~.~th eacr, :°cr.~h y F:.~~~ ent ar. edd~r~enai wm est::r:a!c~! by mongagee to be eqval to 1/12 of the annual tost of the follow-
A-A:1 real ptopcrtq taxas k~;ed o~ assess_d .~ya~ ist thc above d~sv~~d raal es~at?. '
S--Pram~vr.n on f+rr and w~nd;to:m +f11ui3^C? d5 i~ere~n ~~ueed to be cnr~ied a~ tfie improvements situate oo the above described p?tmises.
C-P~e+~-.~~rrs o~* s~ch n~or.~;~e gu.+r+at~ ~cs.~ra~ ce as •:,c•tgagee shall fron-: r me to time deem iit ~o earry on the loan secured hereby.
' ~!orrg~gee sha'i ~rom nr.,e to hn,e nci;fp ^,er*:~a~or m v..ir,ng o! the a::ouro dve and payabte hcreundrr and soth sum shail thereupon be due and
i ;b`e on tha ~ue riase of ~ne rt~xt monlh'.; ~rr~~ent and each s~:cc~ssive month tFcreafter ~entii ma~tgagee shall notify mortgagor of a changt in such
~ o::nr. Such sums shai! be appi ed 'oy mortgag^e rov.a•d the paymeM of r-a1 property taxes, insurance prem:ums, and mortgage guaranty insurance
~ n;ums.
; L V~ ESS '.YHEREOF, r' sa~d RT AG:rP. has hcreunto sef his hand and seal the ay and ear first afaesaid.
~ Si aled and de~ ~ed ' esencc of:
Flif~ ~+N•y•~~y~Y flA-
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: ^ w'vGi. ? -~iS l ' •
- _ ~L~~'•~ ,;.:...i CJURT ~ .
- ` f---- - err~cT ~ i Z ~ rs'+~
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- ~ ~?ir 6 ~i 57 ~ri'7~ ~
'.:.TE Of FLORI ' ~
~~~n oF = - ~ 3U'~36~ ~
c~s X. !tartofelis ~
~ Before me personally appeared ~nd i
Nelen wartofelis his wife, to me well known arsd known to me to be f
a individuals deuribed in and who exewted the forego;ng instrumeM, and acknowledged befwe me that they executed the same for the purposes
~ r relr, e:presse~_ And the said FZQZQII uarto felis
~ of the said __.__~us_ X• f~a=tOfQ~.15 ~ vpon s sepatate and priwte
~ ~^~'naNon by me taken sepaiate and apart from her said hu~band, stknowledged to and before me that s!x executed said insttument freely and voluo-
~ and w~thout any compuis;on, canstreint, apprehena~on, w fear of w from he aid hus d.
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WITf~cSS my hand and offiual seal th;s_____°Z ~ day of_' _ A. D. 19~'
~ ~ ' ~
- ~ Notary Public
My Commission expires:
~ Retum To:
~ r:nt Federai Savir~gs loan Asscciafion FR:1- L. CIZ~
~ota~ Pub:ic. ~t::re ..ew Yotk
~ or Fo,f v.t:~~. - ~~~~tin
Quali'ied ' •:eens Cant7
~ Fort Perrce, Flo~:da ~e •
~ Cec?• i'!ed .~~=tr ~ ~teens Ca Rtg.
Term ~Pice~ ~;.:ech 30, 19~.~:°-..
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~ This Instrument Prepared By J . Ha 1 Roberts ~ Jt . .
~ First Federal Savings 8 loan Association : . ~ ;
~ of Fort Pierce ~ .~lorida 33450 ~ ; • ~ : ` "
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~ Checked By U R ~ ~A~~ ~ +i
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