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To p~ace and co~+tinuo~,aly kecp o~ the bw'd~ngti now w M+eaNe~ siwat~ on sa~d I~nd and on all equipmeM +nd pa~on~lly cove.ed by thi~ mor~p- ~q~, wi~h all prem~ums the~eon p~.d in i~il, Ina ~~~s~rence ~n tne uiw! ttanciard policy form, in ~ svm approvsd by tM MOR(GAGEE, and windi+am insu~anc~ i~t tM usual ~randard pol:cy :wm, in a sum approved by tM N1nRTGAGEE, in iuth comp~ny o~ con+pani~t ~s ~M MORTGAGEE may , i di~att: and •II ii~~ ~~d wlrul~~o~m insura~,c~ poGurs on any of sa~d bu~ld~~gs, ~ny ~nter~~~ th~rein or p~rt tAereol, in IM apgrey~~t ~um afue~aid ot ~ in ~xc~u lhereof, ~hall concein th~ usual ~ta„da~d morryagas davH or such ot1+K clauN as ~M Mo~tpa~e~ may ~eqwr~, m~Linp tM loai unda s~~d po~b i ciei, each and ~vary, paYable to iaid h10RTGAGEE as ~ts intereat may appe~r, and ~ach and •~e~y ~utl~ policY ih~ll b~ p~omptly ~ss ynsd and d~iiv~red ~o ~ny held by sa~d M~RfGAGEE a~ tur~her securily to said mor~yage debt, •nd, not leu ~han ten (10) d~ys in ad~ance o~ tM expi~atbn of each policy, to dr livK to said !~10RiGAGEE a renewat thereof, toye~her with a receipt for 1M premium o) such ?enewd; and lher• shall b~ no fin a w~ndi~orm insuranc~ . pl~ced on ~ny of ssid buildings, any inttrest therci~ or psrl thereo(, unlesi in tF» (orm •nd with the lou p~yable a~ afwes~id; +Rd in tM •venf any sum of mor»y becomat payable under iuch poticy o+ polK~es f~~d M.OitTGAGEE shall have ~he op~~on to receive and ~pply the same on accoun~ of 1M i~dabted nass iecwed Mreby or to permit said MORTGAGORS to ?ece~vs and we it a any part tlureof fo. ofi:e~ purpos~s, wi~hout thareb/ waivi~g w unpair- ` ing ~ny equ~ty, I~en or ri9ht under or by virtua of this mo:tgape; and in tFw event ia~d MORTGAGORS ihall fa sny reason fail fo keep ~he t~id premites so insu?ed, w fail to deliver promptly any of sa:d po~~t~es ol inaura~te ta •aid MORTGAGEE, or 1ai1 promptly to pay fully ~ny premium therefor p in any respec~ f~il ~o perto.m, discharge, rxecute, elFec~, con~p~ete, campty witfi and ~b~de by TFui covenent, a ~~y par~ herwf, said MORTGAGEE may p~ace and pay for such imurencs o~ any part thereof w;tho~t waivi~~ or aflectin~ any option, lien, equity, o~ right under or by vi~1w o~ this Mwtyase. +nd tht full amount of each and every wcA payment shall be ~mmediately due and paysble end shel! bear iroerosl from the date thereof until paid a~ tM raq ol nine pe~ te~rum per annum and to3ethr~ with such intrr~st shall be secured by the lien oi th~t matyag~. d. To permit, commit or sufler no waste, impairrnent a deterioration of said property w~ny paA therNf. S. To pay all and :ingutar ths costs, charges uw expenses, including • reasonable at~aney a fee and costs of abitracts of title, incurrsd w paid at any time by s+~d MORTGAGfE, tmause w in the event of the (ailure on the paN of ~M said MORiGAGOR to duly, promptly +nd fully perform, d~uhargR, rxecute, et(ec~, canN:ete, compty w~fh and ab:de by eacfi and every ~he sripvlenons, ayreements, conditions, •nd covenanta of said promissory eote and this mortgage any w ei~her, and sa:d cosTS, charges and expenses, each a~d every, shall be immedi~tely due a~d payable; whe~her a nof ~hert be notica da mand, anempi ta collect or s~it pcod~ng; and the fult amouN of each and e~ery such paymeM shall bear interes~ from t1+~ date therooi until paid al the ra~e oi nine per centum per a.i~~~:n; and a11 said cos~a, charges a+x! expanxs incurred or p~id, ta~ather w~th ~uch intere~t, thall b~ sstvred by the lien of thif mort9ape. Q Th~t (a) in the event of any t~each of th~s Mortga~r or dcfa~lt on the part of the MORTGAGOR, or (b) in the event ~ny oI ssid swns of money herein referred Io be not prcmptly and fu11y paid within th~.ty (30i days next alter the same severa!!y become due snd payable, wifhout demand or notice, or (c) in the evero cach and every the stipulat~ons, agreement~, cond~tions and coven~nn of sa~d promiuory note snd tA~s rta~tg~pe any w ~ithe? are no1 ~vly, prompNy and fully perfwm.d, d~xharged, execured, effecred, comptetcd, compGed with a~d abided by, then in either w anY ~uch sveM tM said a¢ gregat~ sum mentioned in said p~omisswy note then ro~na~ni„g unpaid, with interest acuued, and all moneys setvred hereby, shalt becort+e due and pay- able forfhwith, or thereaf~er, at the op~ion of sa~d MORTGAGEE, a~ fully a~+d complete:y as if a~l of the sa~d sums of monsy were a~ginally stiputsted to be p+~~d on such day, aoy~ning in satd prum~sswy note or in thia Mwtgage to the~ cantrary notwirhstanding; and thereupon w thereahe~ at tM op~ion of said MORTGAGEE, w~thoul notice or deinar.d, s~it at law or in equity, there(o~e w the~eai~er begv~, may be prosecuted es if all moneyi tecur~d hereby had matured pnor lo ~ta institut~oo. 7. That in the eve~t that at the beginn:ng of or ~t any time pending any suit upon this Mwtgage, or ro fwaclose it, o~ to refam it, or to enfwu payment of any claims hereunder, sa~d MORTGAGEE fhall apply to the Covrt havin9 jurlsd~ction thereof fOt the appoioTment of s Receive~, svch Court sF?s:l torthwith appoint a receiver of sa~d mo~tgaged property all and aingular, i~ctud~ng all and sing~lar the incom~, prof~ts, issues and revenues from whatever ~ourte derived, each snd every of whach, it being expreasly undenrood, is hereby mortgaged at if sPecif~tally xt faih and dewibed in the graming and habendum clauses hereof, and s~ch Receiver afialt hav~ a~l the b~oad and eifauive fur+ct~ons a~d poweri in anywise entrusfed by a Court to a Receiver, +nd s~ch appointment shall be made by such Cou~t as an admitted equity and a~r.aner of absolute r~ght to said MORiGAGEE, and without reference to ths adequacy or insdeqvacy of the va~ue oi the property mor~gaged or to the sotvency or insclvency ot saed MORTGAGOR a the defendants, and that such ren+s, profits, intome, iasues and revrn~ea shall be applied by such Receiver accord~ng ~o the tien w aquity at wid MORTGAGEE end the ptattite of such ~ Court. 8. To duty, promptly and (ut~y per(orm, dis:harge, execure, effect, comptete, comply with and ab~de by each ~nd every ths itipulations, agreemenfs, ? conditana and covenants in sa~d pro:nissory note and tha m~r~ga~e aet forth. # 9. That in thr event the owr.ership of the mortgaged pren,ises, or any parf thereof, becorrxs vested in a perwn o~her ihan the MORiGAGOR, th~ # MORTGAGEE, its successors and a:s~gns, may, wirhast nor~ce to the MQRTGAOR, deat with such t~ccesso+ w successw in interest with reference to tFis # mo: tgage and th~ debt hereby secu~ed in tfie same rranner as with Mo:tgago? w~thout in a~y way vitiating or d~scharging the Mwtgagors' li~bility hsrr ~ under or upon the debt hereby sx~red. No sale of the p~emises hereby mortgaged and no iorbearance a? the part of the MORTGAGEE w its suctesson or ass~g~s and no eYte~s~on of the t~me for ~he psyment of the debt he.eby secured given by the MORTGAGEE w its successors a ass~gns, ahall operate to release, discharge, aadify chanye or aifect tha ariginaf liab;i~ty of tF~e MORiGAGOR Fxtein, either 'a~ whohs w in part. - 10. It is spec~fically eflreed tha~ t~me is of the esscr.ce of ~his contracl ~nd ttut oo wiiver of sny obligarion hereunder w of the obligetion se- cured hereby shal{ at any time thereaFter be hefd Io be a waiver of the terms hereof or of the instrurtwent secured herby. I1. In addnio:~ to the foregd~g month!y payments of pr~nc"pal and interest required by the prom~swry nose secured hereby, mortgagor tovenanfs and agrees to pay to mortgagee v.~th each n•on!hiy ~,ay~nen? an addrrional sum esT:mated by mortgagee to be equat to 1/12 0( the ann~al cost of the follow- ing: A-Alt real property ta~ces levied or assessed egai~~st th~ above described real estata B-P~emiums on fire ard w[r.d'atorm mw.acce as herein requ'ved to be carrtcd on the improvements sitvate on the above destribed premisei. i ' C-Prem~~ms on such mortgage gva+anty icwra~.ce as mo{tgagee shail from t~me ro tirr.e deem fit to carry on the loan xc~red hereby. Matgagee sha;l frnm t~ ne to t~me no~~fy mortgagor in wr~ting of the amount due and payable hereunder and auch sum shall thereupon be du~ snd Fayable on the due date of the next mon~h:y payment and each successive month rhereafter urtil mortgagee shall not~fy mortgago~ of a change in such L":W~If. SllCF1 sums shaii be app!i~d by mortgagee loward the payment of rea) property taxes, insurante prem:ums, and rtw~tgage guara~fy insurance ~ premiuma. ~ IN WITNE55 LVHEREOF, the aaid MORTGAGOR has hereunto xt his hand and seal the day and y ar fint aforeuid. ~ ! Signed, Se~led and deli in the presence of: F~~p ~x0 ~ECOR Q ,I ~ : ~ St.L1iCtE C011MTY~#. ~ P~/,'. ~~•Gd~r-~,q ~ ~ _ ~uCEa PO??R1?S L~ Emanuel M. Ranio o ~ ; ~ CIERK CiRCUIt CQURt ~ C~~ . L~ ~se~n ~ aECORV vEa~f~EO~ Anna A. Ran iolo ~5„q ~ ~ 10 tl ~M'7~ 51ATE Of fLORIOA _ St. Lucie ~ 32412 i COUNTY OF Before me perso~ally appeared Emanuel M. Raniolo Ailifsl A. Raniolo h~s wife, to rrK well known snd known to me to be the individuals desu~bed in and who executed the foregoing instrumeN, and acfcnowledged before me thaf they executed the same for ths purpoaes rherein expressed_ Md tFx :a~d- _ Anna A Raniolo ~ wife of the said ~AdTlllel hT. Raniolo ~Po„ ~ sep~rate and privay ~ examination by me taken separatc a~d apart from F~er sa~d husband, acknowledged to and before me that she exetuted said irntrument freely ~nd volvo- = tarily and without any computsion, tonstraint, a~prehension, or (ea? of or from het ssid husband. ~ 3~,~,y - December 75 ~ WITNESS my hand and offic~al seal this_-_ day of - - A. D. 19 ¢ ~GtJ?-~.~.? ~ Notary Fublic in and for the te of Fbrida ~t I.~rpe ~ My Comm~uion expires: / I • 's ~ ` Return To: ~ Pirst iedersl Savings 3 loan Associatlon - ~ ' ~ ~,rt, . . ~ OF fort P,erce. ~ • Pott Perrce. Horida ` ' V r ~ ~ • ~ b - ~A_ t ~ . / • ~ ~~~~~T~~•= ' : _ . Y , s. _ ~ , ~ ~ , ~nd' r~s `~z''7 ' - ~ ~ This Instrument Pre~ared By RobeYt A. SwisheY Jr. : ~ : ~ ~ ..:..J i• ,e'.' ~ First Federal Savings & Loan AF ociation 334 O ' ~ ~ ~ _ r ' of Fort Pierce , lor da 5 . f/ j p`~ ~ + •"r- . ~'~J I~ . Checked By p ~ _ . • . • ~ ~~~7 ~ . aQO~ ~ ~ ~ ~,~,k;~t ~ ,,:,,,~~"-~::,-w ~ . . _ dz - - - - _ - - ; ~ ~ _