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To pl~ce ~nd continuously keep on ~he bui:dings now or hereaFt~~ ~~tu~t~ on ~aid t~nd and on dl cquipmem and pa~orully cov~r~d by ~hi~ mwtp~
pe, with •il prQmivms Ihereon pa~d in full, fire intur+~ce ~n Ihe usual standsrd policy (am, in ~ tum approved b~ tM MORIGAGEE, and w~ndttwm
in~v~a~c~ in ~hs utua) atandard pol~cy fam, in • ium ~pproved by tM 1NORTGAGEE, in ~ucA compsny w companip u tM MORTGAGEE may
direch and all fire and w~nds~o~m insurance pol~Nes on ~ny of Nifl bN1ldi~~. ~fl+~ PtikfQfl lAffQi11 pf ~ifl lIWlWI, in th~ a99re9~t~ wm afaeaid a
in ~xcess thereof, ~MII con~ain ~I,~ uival standard mwtfls9ee clavse o~ ~uch othe. cl~vi~ ~i tM Matqpe~ may reqv~r~, m~kinq tM lou unda s~~d po1H
ci~f, sach ar+J every, payab~e ro said MORiGAGEE ai ~ts in~cre~/ may appear, and each •nd avery such poi~cy shall be promptiy s~s.gned anJ delive~td ~o
•ny h~ld by said MORTGAGEE as (ur~he~ fetvrity to isid ma~9ags debt, and, not tes~ tMn tsn (10) d~ys in adv~~c~ o( tke expir~tion of e~ch polity, to d~
liv~~ ~o said MORTGAGEE a r~newal thrreof, ~o~etMr with a rctc~pt (w the premium o( tuch renewal; ~nd Ihere ahall be ra f~r~ o~ w~nds~o~m insur~nc~
pl~ad on ~ny of said bu~Id~~q~, a~y interesl thersin or part thareof, unte~s in ~he iorm and w~~h ~M ?o~i payable ei aio.~sa~d; u+d in the •vem any sum
of money betomet p~yable under iuch pol~cy w pol~cies seid MORTGAGEE shall hav~ tF» opt~ Io rcce~~e and apply ~he s~me on accoum o( tM indebted-
ness ~acured hcreby w ro pe~m~~ said MORTGAGORS to ?ecei~e •nd uu il a any part ~hereof lor om«~ p„rposes, wuno~t th_•.o~ wa~~~+~g w~~~~pwr•
iny ~ny pu~ty, liee? w rght under o~ by virrw oi th4 maspage; ~nd in the event sa~d MORTGAGORS ~hall fa ~ny n+wn fail to keep tM asid pr~mises w
in~ured, o~ fail to delive~ promptly any of said pol~ties of insuranc~ lo ~eid MpRiGAGEE, o~ (ail promplly to pay fv~ly any prcmium therefot w io an~
respecl fail b perlam, d~schar9e, execute, e((ect, complets, comply with and ab~de by th~s covenan~, a any part hereof, sa~d MORTGAGEE may p~ace u~d
pay tw suth insurance ot •ny part th~reof without waivinq w~ffettinp any oplion, lieo, equity, w righl under ot by virtw of Ihis Mortgap~, and the
f~1I amovM of each and every such payment shall be immeJ;~tely dw and p~yabie •nd ihall bear intarest from 1h~ datt thcreof umil paid a~ tM ~aq ol
mne pt~ centum per annum and to~r!hrr wirh auch interes~ ehai~ be iecured by ~he lien ol th~t mortgsge.
1. To p~rmi~, mmmit or suffet no.wa~te, impairment or deter~wstion of sa~d property o~ any part thereof. -
S. To pay sll and aingular the coats, charges and expenses, inctuding a reasonsble artwney i fee snd cos~s of abstractf ot titte, incur.ed o~ pald at
eny time by said MORTGAGfE, because w in ~he eve~t of ihe ta~lure on ~he part of ~he said MORTGAGOR ~o dvly, promp~ly snd f~lly perfwm, d~scharg~.
oxecute, e(Fect, comple~e, compty w~th and ab:de by each and every the uiputa~~ons, ~greements, conditions. •nd covenann of s~~d p~omissory rate and ~h~s
mortgage any w e~ther, and aa:d cos~s, charges and expenses, each and eve?y, shall be immedu~ety due and payable; whefher w~,ot there be no~~ce de
mand, •ttempl to co~tect or fuit pend~ng; a~?d ~he full a~nount of exh ~nd every such payment shsll bea~ interest (~om 1he date Ihereof until paid ~t the
.are o~ nine per crnt~m per annvrn; a~d a!1 aald custs, charges ar~d ezpenses i~cw~ed w pa~d, ~ogether w.th suth iroeres?, shall bs secured by the lien of th1~
mat9apa
6. That in the eve~l o( any b~esch oi thi~ Mortgage w defaul~ on the pa?t oi the MORTGAGOR, or (b) in th~ event any ot u+d sums of money
hercin referred ~o be not promptly and fu~ly paid with~n th~~~y (30) days neat aft«r the same severotly bctome due •nd payable, withou~ demand w notite,
or (c) in the event each snd every the s~iputa~ions, agreeme~rs, cond~!.ons and covenants of sa:d prom~isc•y note and th.s mortgage any or e~tF?er are not
iufy, prpmpfly snd iully perfo.m~d, d.scharged, exec~red, e~~ected, completed, complied with ar.d ab+ded Sy, then in e~lher w any such ev~nt tM taid ag
q~egate sum memaned in said promissory r+ote then remaining unpaid, with ime.est accrued, and aSl moneys seturcd hereby, tMll become dw a~d pay-
ehte forthwith, w rhereafrer, ai the opr~on of ss~d MOR7GAGEE, as futty and complciely as if a~l o! thr sa~d sums of money were w~g~naqy st<<w;a~ed
to be paid on sixh day, anything in :a.d prom~ssory note w in ~his Ntwtgage to the contrary no~with~landirg; and thaeupon or there~fter ~t the op~ion o!
te~d MORIGAGEE, withau~ not,ce or demand, su~t at law a in equity, ~herefore or ~i~erraiter begun, may be proseculed as if all moneyf fetu~ld hereby
nad matured pr~or to ~ts insti?ution.
7. Thaf in Ihe event ~haf at the beginn~ng of or at any Iime pend~ng a~y fu+t upon this Moregage, a to fweclose it, or fo reform it, w to enfo.ce
paymeM o! any claims hereunder, sa~d N10RIGAGEE shatl apply to the Coart having ~un~d~ctlon thereof fw the appointment of ~ Receiver, wch Coun shaN
ferthwith appoint a receiver of said mortgaged property a!t and singu~ar, incivd~ng ai1 and si.~gutar the income, prof~fs, iuues snd reven~es frpm whatever
wvrce derived, each and every of whkh, it being exp~estly unden~ood, is hereby mortgaged as i1 spec•fically sN (orth and deuribed in tAe 9ranring and
habendum claoses hereof, and such Receiver shail he:e all the brwd and effecr~ve fur.:t.a~s arxf powers in anyw~se emrwted by ~ Cour~ to a Receiver, and
s~ch appantment shilt be made by such Cou.t as an aden~nrd equiry and a matter of absoEute right to seid MORTGAGEE, and withovt rcferente to ~he
adequacy or inadequxy of the valve of the property morrgaged w to Ihe wivency a~nsolvcncy of said MORiGAGOR w the defendants, and that svch
~enrs, profits, income, issues and revenuea shafi be appiied by such Receiver accwd.ny ~o the I:en w equity ot taid MORTGAGEE and the pracrice of such
Court. ' s__~ . _
8_ To duly, prompt(y and fully perform, d~scharge, execute, etfcct, comptele, comply w~th and abide by each and every the stipvlations, sg?eementi, 3
conditions and covenants m sa~d promissory ~ote and rh~s mortgage :et iorth. ?
9. ihat in the event the ownership of the moregaged premises, o~ any part thereo(, becomes vested in a pe~wn other than the MORTGAGOR, the ~
Y.ORTGAGEE, its successors and ess:gns, may, w~~bovt nonce to the 4lORTGAOR, deal w,rh such successw w successw in interest with reference to this ;
mo~tgage a~d the debt he~eby setur~ in the same mar.net as w~th ?lbrtgagOr withoul in any way vit~ating Or d~Xha~ging tF~e Mo~tga9ori liabiiify here-
~r.de~ w upon the debt hereby sec~red. No sele of the p~emi:es hereby mortgaged snd no labearance an the par~ oi the /AORTGAGEE a its successors
o~ assigns and no eztens~on of the eime (w the payment of ~he dab~ hereby secured given by tFx MORiGAGEE or ita succ~ssors a ass gns, st:all operote
to releaae, d~acharge, modify ch:nge or af(~ct the o.ig~na! liau~i:ty o4 the MORiGAGOR herein, either in whole or in part. ~
10_ 1t is spec~tically ag.eed that time is of the esxnce of th~s co~tract and tha~ no waiver of any obliget~on hereunder or of the obligstion se-
cured hereby shatl at any time therraher be hefd to be ~ waiver of the terms hercwf or of the instrumont secwed herby. `
11. In addn~o~ to ?he forrgo ng moath!y paymcn+s of princ pat and iroeres~ requ~red by the prom~ssory nar secu.ed hereby, morfgagor covenants
and agrMS to pay to mortgagee v.lrh each mc~+hly pa~~: ent an add~rtunal wm e:~~n:.ared by mortgagee to kx eqvat to 1' 12 oi the annual cost of the tollow-
~ng.
A-AI! real property tax.s {ev~ed or assesc~~ a~ai~ss the abo+e described real rstare.
B-Dremiu•ns on fre and viindsto-m insurance as here~n rrqu~red to be carried cn tne 'mprovemt~ts s~tvate on the above dascribed premises.
C-Premiums on such mengage g~a.anty insurar,ce as mor?gagee shail (.orR r me ro time drem fit to cany on the loan secured hereby.
Mwtgagee sha~l fram time to h~r,e nonfy mortga~or ~n writmg of the a.rount due and payable hereund~~ and such sum shalt thcreupon be due and
~ayabte on the due date of ~he ne.t ..~onth;y payn•..:nt and each successive month rhe.ea4te. ur.ril mwtgagee shall notify mortgagor of s cF.ange in suth
'i a~~ouM. $uch sums sha~I be app:ied by rr.ortge3er towa.d fhe payment of rea: property taxes, ins~ra~tce prem.ums, a~~d mortgage guaranty insurance
premiums.
~ IN WITNESS VJMEREOf, the said MORiGAGOR has Fwreunto set his har.d and seal the day and year firsr aforesaid.
; "pned, Sealed and delivered in the presence of: .
` ~ ~ ~ r~/ cs~.n ~
Kenneth levante ~~n
~ ~ _ L Z (Seaq
~ Mary . fle levante c~+n
~ S TE OF FLORIDA . -
~ SL. LuC1Q ~
couNnr oF
~ Befwe me personally appeared Kenneth L. Delevante _
~ NIaZy E. Delevante his w~fe, to me well k tind~ ~ Mr ~td' ~ to be ~
~ the individwls deuribed in ~~d who executed tM foregoiny instrumcnt, ~nd acknowledged beFwe me that they executed-~he ~~Ir.D4~ooses ;
Mar E . De levante • - '
rherein expressed. And the ss~d Y '
s Kenneth L. De levante
wife of rhe wid s~para~ an8 ~vate
~ e.aminat~on by me taken xparate ared apan from he~ said husband, ~cknowledged to end before me that she exetuted saiQ„i'~ nt`~free?y~ and'I~itr
t rarily ~nd without any computsion, constraint, apprehens~on, a fear oi or from her said husband. i 3 -
~ lOth ecember : . < Y E
4 WITNE55 my h~~d and official seal this_ day of r ~ q, ~ l
o
F , a
~ . _
j ~ -
; ~ Notary Public in and iw Ihe S1Ns of~.~toriQ! ~1 ~
~
f Return To: / Y Ccmmi ,'oo~ir~s. ~~f` . , . .
First federsl Savings 6 loan Associat:on ' ~ ~
~ Of Fort P~erce_ ~ ~
fwt P~erte, Florida \
' I~RA~Y KJM1C STA1F Oi fIORIQJ? 1•~(,~
Mr OQMMISW01~~ ExIMB S~~ e~y~
` This Instrumeni Prepared By John W. Col l ins ~~~~R'~
~ First Federal Savings b Loan Association 3,fi~~j~~
~ of Fort Pierce, Plorida r'~' ~
F Checked By ~ F~~EO AN~ HECOqDEO
ST. ~~CIE COUNTr F~~
c - - RUCEA
' ~E ~t ~ v R~~;
~F~ COURT
, • . ~G~A A"70 n_ . ,