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To place and continuowly kelp nn 1M buildings now or haaafter tiWete on said lend and on ell equipment and peuonally cov^rtd by this s,ortg- ege, with all ^ren~iumt theroun paid in full, fire inwrance in the uwsl ttenda~d polity form, in a sum approved by the MORTGAGEE, and windstorm insurance in the usual standa:d Tsolicy form, In a cum apprc ved by the MORTGAGE, in such company or companies as the MORTGAGEE n:ay dirett; end all fire a ..'. windstorm Imurence polidet on eny of raid buildings, any LNerest therein or part thereof, in the egg tgete sum aforesaid or in excess thereof, shall conta~n the usual standard mortgagee clause or wch other clause at the hlortyayee may require, tusking the loss under said po'i- des, each and every, payable to toad MORTGAGEE of its interest may appear, and eech anc suety such policy thall be promptly ass gned and de:ivercd to eny held by Laid h102TGAGEE at further security to said mortgage debt, and, not leu then ten (TO) days in advance of the expiration of each policy, to dz- hver to said MORTGAGEE a renewal thereof, together with a receipt (or the premium of wch renewal; end there shall be no fire or windstorm inwrence placed on any of said buildings, any Interest therein or part thereof, unless in the form and with the loss payable es afc -said; and in the event any sum of money becomes payable under such policy or polities said MORTGAGEE shall have the option to receive and apply the same on account of the indebted Hess secured hereby or to perm;l raid MORTGAGORS to receive end use it or arty pa,t thereof for other purpcsts, without therw; v:anu,g or vi~pan- Ing any equity, lien or right under or by virtva of this mortgege; and in the event raid A10RTGAGORS shall for eny reason soil to keep acre said premises so insured, or fail to deliver promptly eny of raid poGciet of inturarce to said MORTGAGEE, or foil p•ornptly to ;say fully any prem~u:n therefor or ut any respell foil to perform, discharge, execute, effect, complete, comply with and abide by that covtnanr, or any part hereof, said h10RTGAGEc may plaa• a~~d pay for wch inwrence or any part thereof without waiving or affecting eny opnon, lien, equity, or right under or by virtue of this /.larigage, and the full amount of each end every wch payment shat! be immediately due aqd payable and shall bear mtereu from the date thereof umil paid at the rote of Hint per centum per annur, end together with such interest shall b^ secured by the lien of tMa mortgage. 4. To permit, commit or suffer no waste, impairment or deterioration of raid property or any part thereof. 5. To pay oil and singular the costs, charges end expenses, including a reasonable ettorney's fee and costs of abstracts of title, incurred or paid at any time by said h10RTGAGEE, because or in the event of the failure on the part of the Bead h50RTGAGOR to duly, promptly and fully perform, d+uharge, execute, effec•, complete, comply wdh and abide by each end every the stipulations, agreements, conditions, oast covenants of said promissory note and this mortgage eny ar either, and sa~.d costs, charges and expenses, each and every, shall be immediately due and payable; whether ur not there be noha• de~ n,ar.d, attempt to collect or wit pending; end the full amount of each and every such payment shall bear interest fro.n the date thereof until paid at the r,:e of nine per centum per annum; and all said coos, charges ar.d expenses incurred or paid, together with wch interest, tall be secured by the lien of th~~a mortgage. G. That (a) in the event of eny breach of this Mortgage or default on the part of tha MORTGAGOR, or (b) in the event eny of :aid sums of money herein referred to be not promptly and full paid within thirty i30) days next after the same severally become due and payable, witho,.: demand or notice, or (c) in the event each and every the stipulations, aoreementt, conditiors and covenants of seed promissory note and thn mortgage any or either art not duly, promptly and fully performed, discftarged, executed, effected, completed, complied wish and abided Sy, then rn either or any such event the said ag gregate wm mentioned in said promissory note then remaining unpaid, with intereslaccrved, and all moneys secured hereby, shall become due and pay- able forthwith, or thereafter, at the opsien eF said MORTGAGEE, as fully arscf completely as• if all of dt_ said sums of money were ong~nally st~pwated to bt paid on wch day, anything in said Promissory note or in this /.'.ortgage to the contrary notwithstanding; and thereupon or thereafter at the optlor. of , said h10RTGAGEE, without notice or demand, suit at low or in equity, therefore or thereafter begun, may br prosecuted as if all moneys secured hereby had matured prier To its institution. 7. That in the event that at the beginning of or at any time pending any suit upon this Mortgage, or to foreclose it, or !o reform it, or to enforce payment of any claims hereunder, said MORTGAGEE shall apply to the Court harng jvrisdic:io+l !hereof far the appointment of a Receiver, such Court shalt forthvi ith. appoint a receiver of said mortgaged property all and singular, including all and singular the income, profits, haves and revenues from whatever sours.- derived, each erd every of which, it being expressly understood, is hereby mortgaged as if speGfitally set forth and described in the granting a•+d habendum clauses hereoF, and such Receiver shalt have all the broad and effective functions and .owes in anywise entrusted by a Court to a Reserver, a ~d scch appointment shall be made by such Court as an admitted equity and a matter of ebso!ute right to said MORTGAGEE, and without reference to the adequacy or inadequacy of the value of the property mortgaged or to the so'venry or insolventy of »id h10RiGAGOR or the defendants, and that such rears, profits, income, issues and revenues shall be applied by wch Raceiver exording to the lien or equity of said AORTGAGEE and the practice of such Court. 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide uy each and every the stipulations, agreements, conditions and covenants m said promissory n~ta and this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the /.IORTG4GOR, the MORTGAGEE, its succours and assigns, may, without novice to the /.IORTGAOR, deal with such successor or successor in interest with reference to this mortgage and the debt hereby secured in the same manner es with Mortgagor without in any way vitiating or discharging the Mortgagors' liability here- under or upon the debt hereby secured. No tale of the premises hereby mortgaged and no forbearance on the part of the lORTGAGEE or is successors or assigns and no extension of the time for the payment of the debt hereby secured given by the /J10RT6AGEE or its wccessors or assigns, shall operate to release, discharge, modify change or affect the original liability of the MORTGAGOR herein, either in whole or in part. 10. It is apec~fically ayreed That tune is of the essence of this contract and that no waiver of any obligation hereunder or of the obligation se- cured hereby shall at any time thereafter be Feld to be a waiver c•f the terms hereof or of the instrument secured herby. 11. !n addition to the foregoing monthly payments of princ~pal and interest reyu;red by the promasory note secured hereby, mortgagor covenants and ag:ecs to pay to mortgagee wish each n,anthly payment en addaional sum esNmareJ by n~orty~gee to be equal ro t / f 2 of the annual cost of the foGo.r;- ~+rg: A-A!! real property rates levied or assessed ;yainat the above dtsuihed real estate. fl- r^ren•.~urm on Gre and windstorm insurance as herein required to be carried on the improvements situate on the above desuibed premises. C- PreT~lurns on such mortgage guaranty insurance as mortgagee shall Pram time to tines d•_em fit to carry on the loan se:urtd herein. .M.or!ga3ee shoo from tine to ti,~e notify mortgagor in v:riting of the an~ovnt due and payable hereunder and such wm shall thereupon be due and payab'e on the due dare of the nzxt monthly payment and each svaessrve mo~~th rhereatter unto mortyagee shall notify mortyagor of a change in such a: ^.ount. Such Burns shall be af; plied by mortgagee toward the peyrnent of real property taxes, insurance pre~n~ums, and mortgage guaranty insurance p'emi~mS. L"J VJITtJESS '.YHEREOF, the said h10RTGAGOR has "hereunto set his hand and seal the day end year firs aforesaid. ~ igned,,g~sled end del'~yered in the presenco of: // r l -~'~~ ~(~/ w _ _ y, / ~.' ~`i - `_'1!~` ~J-(Seal) ~! (~ 6 _ -(Seel) _J "t t-~_ Li~.a~ - -(Seal) -- - (Seal) STATE OF FLORIDA S5. couNTV Of _- S t _ T,u~ i ~ ) ii.fore me personelfy appeared _ QLT'F3 ~'~'• 1-~III1s- ~ ''r; (~~'1W _ 'b^d _ -frir-wife, to me well known and known to me •o be the individuals described In and who executed the foregoing instrument, and acknowledged before me that they executed the same for the purposes therein expressed. Arsd~fie-said ~rvffe~ofihe-said`---- upon-e-sepxatrind pr'wete ~>laTMation~r +ns Mften aeparok~-rd--apart~rcm dssr ~aid~wsband,-aekwowledyed-to-a.td bc•fort~t+e-/fwst-sfso-e+c+cuteJ+3:d-iattrua,«s~ kesly ar.d~Wrsrr- .tecity Jad_vsit6twt~y_coraprtwon.-cowatsaialr +VProharx:ant w-lrrar. oF~- fioai-f>•r-~sid-Fw:band WITNESS n:y hand and official seal this-_I1f~__ day of ~_IJSCf n A A. D. 19~1c~_ Notary Public in end for tfre S:ata of Florida at Large 1_-~-~ ~ F~ My Commission expires: Return To: ' First Federal Savings ~ Losn Auociatien Of Fort Pierce. Fort Pierce, Florida ~_ -• . r, ~ . . •.,~'. ... ~,- ~j ~~ FILED AND RECORDED I~-.~~i ~_BOOK 1961 NOV -6 Phi 2: 52 RJGER POITRAS, CIERK ST. IUCIE COUNTY, FLOkIOA ~? ~~tc,.Lc ~ / r is 013fjr f'[!h:!r Cr~,.n ~' F~V~, ,r, .'+ (Jf: P f,?y Cream s-nn (. v~