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To plan and contirwously keg on tM bulldlrtps noun p hereafter aNwN on wld land red on all equlpmet-t and personally covered by this m«tg~ pe, with all pemiums thereon paid In full, fin knwana M tM uwal standard policy form, In • awn approved by 1M MORTGAGEE, and windst«m kuvrana M tM uwal standard polky fpm, M • swn approved by tM MORTGAGEE, In asxh txxnpany p companle a tM MORTGAGEE may diredr and all fin and windst«m imwance potkla on any of uW buildirgw any Interest therein p part thereof, in tM aggr•gNe wm •f«esaid « in excau thereof, shell contain the wwl standard nt«fgagee clauN p sucl- otM- clause w tM Mortgagee may require, making tM loss under said polo ties, edt end awry, Payable ro said MORTGAGEE a iri Interet may appear, end each end awry such policy shall be promptly assigned and dellwred to any Mb by said MORTGAGEE as furtMr security to wId mortgage debt, and, not less than ten (10) days In advartp of tM a:plration of each policy, to de- liver ro uid MORTGAGEE a renewal thereof, together with • repipt fp tM pemium of ouch renewal; end there atoll be no fire « windat«m insurance placed on any of said b~ildirsgs, any interest therein a part thereof, unleu In tM form and with tM loss payable as ttf«esald; and In tM event any sum of money becomes payable under such policy « polkies said MORTGAGEE shall haw 1M option ro receive and apply the ume on account of tM indebt.d- ness secured Mreby p ro permit uid MORTGAGORS ro reuiw end uw H p any part thereof f« otMr purposes, without thereby waiving « impair- i~.y any iyuiY~, 11:,~ o: rhy!:t t,•-der or by vim~e of th4 !!+ortp~s; ±f!d M t)ra lYrt sa!d MORTGAGORS shall f« My rNwn fall to i[eep tM saki pemlaea ao Insured, « fall to deliver promptly any of acid policies of Inawanp ro said /W~RTGAGEE, p iNI promptly to pay fully any premium theref« p in any repast fail ro pert«m, discharge, execute, effect, complete, comply with end abide by this covenant, « any part Mreof, said MORTGAGEE may place and pay f« such Inswance or any part thereof without watering p affectlrsg any optbn, lien, equity, a right under « by vlrtw of this Mortgage, and tM full amount of each and awry such payment atoll be immediately dw end payable end shall bear Interest from tM date thereof until paid at tM n» of nine per antum per annum and togetMr with such interest shall be secured by 1M Ilan of thh mortgage. 1. To permit, commit « suffer ra waste, {mpairrttant « deterioration of Bald property p any part titereof. psi _r; ~_:d •=guar ...:.c~sti, eFarg:i any txF:~tat, En`iw3i.'~ a ra«orai:is 'ic;rry's ia: 2'-c ~:ie of s;:as,u;t ,! t: = .°-~: _.', ;~ i.::.; any time by said MORTGAGEE, because « In tM event of tM hllun on tM part of tM said MORTGAGOR ro duly, promptly and fully per~«m, discharga~ :xa_-:::a. effccl, eornplete. wrr+ply v::h :.-sl a!:?~ `; _~h eel r.:r7r t4z z'!,:~ _•~-. r.~...~.•k :orsdi•!t~t, _.•,~ r••,•••••••• •~ •,:•1 pr .....:..... ....r..,..i rti,:. mortgage any « either, and said costs, chugs and expenses, each and every, atoll be irrtrrtediately dw and payabler wMther « not tMn be notice de• marl, attempt to collect « suit perdirsg; and the full amount of each and awry wch payment shall bear Interest from rite daN tttereot until paid at tM rate of nine per centum per annum; and all said costs, cMrge and expense irteurred p paid, together with such Interest, shall be secured by tM lien of this mortgage. 6. That (a) In tM weni of any beech of th4 Mortgage p defwlt on tM part of tM MORTGAGOR, p (b) in tM event any of acid tome of money herein referred to be not promptly and fully paid within thirty (30) days t»xt after tM same severally become dw and payabk, without demand « notice, « (d in tM event each and every tM atipulatans, agreemenri, conditions and oovenanri of said promissory note and this mortgage any « either are not >tuly, promptly and fully pert«med, discMrged, sxaMed, effected, completed, complied with end abided by, tMn in either « any such event tM uid age gregate sum mentioned in said promissory rate then remainirq unpaid, with Interest acuued, and ell moneys secured Mreby, tMll become dw and pap able f«thwith, « thereafter, at the option of said MORTGAGEE, as fully and completely as If all of 1M said sums of money were «igfnally stipulated to be paid on such day, anything in said promissory note « in this Mortgage to tM contrary notwithstanding; and therwpon « thereaher at tM option of ..:a unDM er:cF ..,:, h,..,r ..nr:re n. d....a...l uds .r la.., ....,:.., rl....r,... ,.. rl.....rr. . ..... ............-°, ..._.__. .._..- _ --...- ---- -- ---, ^r i.^. _,,_..,, - ._r b!gun, may be prosecuted as if all moneys recur reby had matured pri« to its institution. - ~. That in the event that at the beginning of « at any time pending any suit upon this Mortgage, « to f«eclose it, « to reform it, or to enforce payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof f« ti+e appointment of a Receiver, such Court shall forthwith appoint a receiver of said mortgaged property all and singular, includirq all and singular the income, profits, issues and revenues from whatever source derived, each and every of which, it being expressly understood, is hereby mortgaged as if specifically set f«th and desuibed in the granting and habendum clauses hereof, and such Receiver shall have all the broad and effective functions and powers in anywise entrusted by a Court to a Receiver, and such appointment shall be made by such Court es an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the adMvacy or inedenvacy of the valve of the property rnortpaued or tt: ilia solvency tY. i.^.:o!ve^cy of said MO°TG°GC`R a. '~,= defc'dr•.t:, a^'! thct ~= !: rents, profits, income, issues end- revenues shall be applied by such Receiver according to tM lien « equity of said MORTGAGEE and ilia practice of such Ctt r!. A- To duly; promptly end fully perform. discharae. execute. cite:!. co~!:!e, :~ - ,,.iii, arw aoioe oy each a.,r; r+-'- :i'.a aiipuuiions, e4raementi. conditions and covenants in said promise«y note and this m«tgage set f«th. 9. That in the event the ownership of the m«tgaged premises, « any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal with such success« « success« in interest with reference to this mortgage and the debt hereby secured in the same manner as with Morlgag« without in any way vitiating « diuharging the Mortgag«i liability here- under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no f«bearance on the pert of the MORTGAGEE « its successors « assigns and no extension of the time f« the payment of the debt hereby secured given by the MORTGAGEE or its success«s'« assigns, shall operate to release, discharge, modify change « affect the «iginal liability of tM MORTGAGOR herein, either in whole « in part. 10. It is specifically agreed that time is of the essence of rids contract and that rear waive ui any rwligNiun I,arew,.tda: or of tl:a obligation se- cured hereby shall st any time thereafter fse held`to be a waiver of the terms hereof « of tM imtrument secured herby. IIJ WITNESS WHEREOF, the said MORTGAGOR has hereunto set hit bend and seal tM day and year first • esaid. ~ Signed, Sealed andtd'elivere'dy/a'~' the /presence of: ~ -'~ ~ ~~// ~..- ~Cfs_ .s -L. - i' . YL_ .C L (~~`~'C/ i ~ /!/ (~ y Yi !_!/f~i.-.~.~~! ($ealT cr ?yl~a1 ,~ ~ .~i. ,~~~,~ ,CP1.lt'oJn.,n u STATE OF FLORIDA ~ ~~ ,..; ~~~ ~~ '~ couNrYOF Saint Lucie ~ ~' ~~ - •`''-• John B Waters Y' ~' `~ G~• _ Bet«a mt personally appeared • Nellie Ruth Waters ~ his wife, to me well kr(owr,i ~ e'tt~-f4 1~ the individuals dtsuibed In end who executed tM f«agoing instrwrteM, and ackrawledged befpe rite that tM exert M ~ Y ~ tit% » a,meZty~ ~ >~ apupaeea therein expressed. And tM saw _ 1• (j l l l8 lL1i LA W A L O r8 ~ ~~~ <<.: - ,~; wife of rtes said JOhn Be WAtera ~ ~ upttr~~ ~~f f~~. pc~y~q examinatfoq by rrte taken separate and apart front her said husband, acknowledged ro and before me that sM executed said ittstrsmtent fre~~y,N1d'4oltm- tardy and without -any compulsan, corotnint, appreMnsian, or mar of p from her ofd husband. " ' WITNESS my hand and official seal this ~~~ day of A. D. 19~ ~ x ~! ~Ay f..;w~..i.-~Iw,; _x~'"~ ~'w.t. triu'~E C/ C1-.: v. st Return To: ' First Federal saving. i loan Asaodation My CowmltsWn EiipaeS ~lOY. 4, 1961 Of Fort Pierce. yeNr y Aw,uw fin 6 GsvNy G. Fort Piero, Plaids 91503 . "'t'.,;;~ ~ F F~ n~;0 FCC['°.nED ~U,~ r a. li - u~ j'' :w!; . 1~; O : •! ~ Or ~ 1 l' i_ 1\ 1 V t 1 stn r '~ ';:i~;,...~~-.r<~.: ~4` :~~ ~' r ;. LUCIE COUtITY, F~i.~. 1~ B V / •• •..~~ ® ~.