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To place and conttnuo~sly keep on the buildings now or hereafter •~tuate on sa;d !a~d ai~d on atl eyuipment and penonelly cover~d by thiy mo?tg• ' ~g•, with ~II premiuma thercon patd in fv11, firc inw~ence in tke uaual standa•d policy form, in s sum appruved by the MORTG.IGEE, and windsiorm Insunnce in the usual ifandard polity form, In e sum •pprovad by the MORTGAGEE, in wch canpany or compsnies as ~he MORTGAGfE may direct; and all fira a~d winditorm insuronce po~kfe~ on any of said build~nQs, any iMersst there~n or part thereof, in tM agg~egate s~m •foressid or In ~xtess thereof, ihell tontain the usual srandard mortgagee tlause or fuch othei clauu es the Mo~tgegee may requ~ro, makir~y the lass under ta~d polr ciet, each and every, payable to seid MORTGAGEE as its intereat may eppe+r, end each and every tuch policy shall be prornptty ass:gned and delivered to j •ny held by said MORTGAGEE as furthar tewrity fo said mortgage debt, and, not iess rhsn ten (10) days in advance of the expirstion of each policy, to da ~ liv~r to ~aid MORTGAG'`c e r~newal theraof, toperhar wi~h s receipt for the premium of ~uch renewal; and ihere shall be no f~re or w~rtidstor,n insurance ~ plactd on any of said buildings, sny i~terest fher~in or part tharaaf, unless in the form snd with tha ~oss paya5le as aforoseid; and in tha event any sum of money becon+es payable under such policy w poli<ies taid MORTGAGEE shall have the option ro receive and apply the same ort account of the i~debrrd- rwfa tecured Mreby or ro permit said MORTGAGORS ro rete+va and u~e it or any part thereof for orhrr pur,~osrs, r+Iiho~t th~rruf ws~~i„3 or ~~>>pa~r- ing any equity, lieri or right under or by virtve of this mortgage; a~d in the event aaid MORTGACORS shall for any reason fail to keep the ~e~d premises so inaurod, w fail to dsliver promptly any of said polities of insuronte To ~aid MOkTGAGEE, or fail promptly ta pay fully any are~nwm therefor or in a~y ~ respact fai) ro psrfwm, discharge, txecute, effect, comp~ete, comply with and ~bide by this covenant, or any part hereof, said MORTGAGEE may place and pay for such inturanc~ or ~ny part thrreof without waivin9 or affectiny any optia., lisn, ez~u~ty, or right under or by virtu~ ot this Mortgage, and the fu~l amount of each and avery s;xh peyment shall be immediatety due and payab~e and shall bear intcrest from the date thereof until paid at the rate oi ~ nina per centum pei annum and together with wch intarest shali be sec~red by the lien of this murtgsge_ To permit, commit or suffer no waste, impairment or deterioration of taid property w any part thereof. I 5. To pey all and singular the costs, charges snd expenses, induding a roasanable attorney's fee and costs of abstratls ef tiJe, incurred nr paid ar any time by safd MORTGAG:E, because or ~r, the evem of the faliure an rhe part of the said MQRTGAGOR ta duly, prorrptly and f~lly perform, d~scharge. execute, sfftct, complete, comply with and eb~de by each and every the stipulationa, agretments, co~d~tions, and covenanrs of said promissory note and this mwtgage any or eirher, and said cosro, chargea and e~penses, each and every, ihall be immediate~y due end payable; whether or not there be notice dz mand, attempt to cotlett or suit pending; and the full amount of each and every such paymem shall bear interest from the dete thereot until paid at the rate of nine per cent~m per ann~sr and all said cos!s, charyes and expensea incurred or paid, together wlth such interest, shall be tewred by the lien of this F mortgage. ' 4. That (a) in the event of any breach of this Mortgaoe or defauEt ~n tne part of the MORTGAGGR, or (b) in the eve~t ~ny of said tu~ns of money i herein referred to be not prompdy and fully paid within thirty (3Q) days next after Ihe same severa!ly become due and payable, witho~t demand or notite, ~ er (c) in ifie event each and every the stiqulations, egreements, tonditions and covenants of sa~d promissory not~ and th~s mortgage any or either are not ~uly, promptly and f~lly performed: discharged, ezecvted, effected, completed, compGed with and ab~ded 5y, then in either or any such event the sa~d ag• pregate sum mentioned in aaid promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, snal! become due and pay able forthwiih, or thereafter, at the op!ion of said MORTGAGEE, as l~fly and completely as if all of the t~~d sums of money were originally st~pulated to be p++id on s~ch day, anything in sa~d promissory note or in this Mortgage to thc contrary notwithstanding; and thereupon or thereafter at the option of i said MORTGAGEE, without notice or demand, suit at law or in equ~ty, fherefore or thereaf~er beg~n, may be pros~cutzd as if all moneys secured hereby ~ had matured prior to its institution. ` 7. That in the event that at the beginning of or at any time pending any s~ii upon this Mortgagt, ar to foreclose it, or tc reform it, or to enfor<e payment oE any tlaims hereunder, said MORTGAGEE shall app!~ to the Co~~t having junsd~ttion Shereof for the appo~ntment of a Reteiver, such Court shail ~ forthwith apfioint a receiver of said mortgaged property all and singutar, includ:ng all ar,d sin~utar the ~ncome, proi~ts, iswes ar.d revenves from whatevar ~ wurce derivad, each and every of wh;ch, it being expressly unders~ood, is hereby mortgaged as if spec~ficaily set forth and deuribed in the graniing and habendum dauses hereof, and s~ch Receiver shall have al~ the broad and effective fvnu~ons and powen in anyw~se erKrusted bq a Co~rt to a Receiver, and such appointment shall be made ~y such Court as an admitted equity and a matter of absol~te rght tu said MORTGAGEE, and withaut reference to the ~ edequacy or inadequacy of the value of ~he property mortgaged or to the so!vency cr inso!~ency of said MORTGAGOR or the deiendanti. bnd that such ~ rents, profits, income, issues and revenues shall be aFplied by such Receiver accord;ng to the Iien or equity of said MORTGAGEE and the pradice of such 'd Court. ~ 8. ?o duly, promptly and fully perfo~m, discharge, exetute, effect, comp'ete, comply with anc! abide by each and rvery the stipulations, agieementa, ` conditions and covenants in sa~d oromiasory note and this mcrtgaae set ferth. 9. T~~at ~n rne evcnt the ownership of the mortgag~d premises, or any part thereof, becomes vested in a person other than the MORTGAGOI:, the MORYGAGEE, its successors and assigns, may, without notice !o ttie MORTGAOR, deal with s~ch ~uccesso: or svccessor in interest with reference to this ~ mor~gege and !he dzbt hereby sewred in the aame manner ax whh Mortgagor w~thout in any way vitiating or d~scharging the tvlortgagors' liability here- E under or upon the debt hereby secured. No s~le of the premises hereby mortgaged ar.d no torbeara~ce on ihe par~ of sne PhORTv:.GEE or itz sutte~,ors ~ or assigns and no extension o! the tirne ior the paymern of the debt hereby sec~~ed given by the I+tURiGAGEE or its successo;s or ass~gns, a;~ail operate ~ ro release, d~schaioe, modify char.ge or affect the orig~nai iiafx;lity of the MORTGAGOR herein, either in M;hole or in parf. ` 10. It is specifically agreed that time is of the essence e` tnis contract and that no waiver of any obi;gas~on hereunder or of the obligation se- E tt,red hereby snaii at eny time tnereairer ee neid ro ne a we;ver oi tne ierms i,err~l or of ihe i~~stru:nent s~w~eJ I~rrLy. ~ 11. !n add:tion to tne forego:ng momh'.y payrnents of pr;nc pa~ and interes} reG~:red by the prom sscry no'e ae;ured hereby, mertgzgor covenants and agrees to pay to mortgagee with each momhiy payr.~ent an addi~io~af sum est~rt,ated by mortgagee to be equal to 1; 12 of the annual cost of the follow- ~ ing. ~ A-.AII real prflperty taxes levi?d or assessed egai~st ;hc above desu~bed reat estata. I B-PreR,~ums on fire and windsrorn insurance as nerem requ~rcd ro be carried cn the :mprovements s~+uate on the abeve dexribed prerrises. ~ C--Premiums on such mortgage g~aranty ir.surance as mor;gagee shail frem r"me to time deem fit to carry on ine loan secured hereby. - Morigagee sha!I hom time to time notify mortcagor ~n writing of ihe a~rount due and payabic hereund~r and such svrn shail thereupon be due and ~ payabie on the due date of the n~~xt monthiy payment ar.d each s~~ccess~ve mon!h !hereafier ~ati~ mcrtg~gee sha!! not~fy moctgagor of a ch~nge in such ~ amount. Such sums sh.ail be app!ied by mortgag=e tov:ard the payment of real property taxes, insurance prem,urns, a.id mortgagc g~~aranty insure~~ce premiums. ` I YIITNESS V'JHEREOf, the said MORTGAG02 has hereunto ser his hand and seal the day and ear first aforesa~d. ~ ' n, led d del ered in tfie presente of: ~ ~~!;,~~'~G~i'Cc' 'L,"`~ (5cel) ,i~_ ' ea1) {Sral) {$eal) STATE OF F~ORtDA 55. COUNTY OF LllC ~E _ 1 B~fore me persona!{y appeared _ ~~~1.~1_~1 B BLl~.li13 and ~.:,VGl.~~rn D L~U ~ ll3 his wife, to me well known and known to me to be the individuals dest+ibed in and who executed the foregoiny~ instrumen!, end ecknowledged before me that they executed tF.e same ror the purposee th~rein expressed. And the said~ ~V91~21 D, a1~~1.L19 " _ wi{e of the Aa~d _ wiiliam ~UZZU3 , upon a separete and ~ri~:ate exam~nation by me taken sepa.ate and apart from her said husband, acknowledged to and before me that she executed said instrurnent freely and vo!un- rarily and wlthout any compuision, constraint, apprehen~s/ion o? fear of or from ~er said husba~d. [ WITNE55 my hand and official seal tn;s- day c' Mg , A. D. ]9 ~1 Notary Vvblit in and for the State of florida et Large ~ My Ccmmission expirea: Z¢ Peturn to: First Federal Savinga b Loan Associatien • Of Fort P~erce. , Fort Pier~e, Flo~~'0 Aro No~ra~r Qu~~re. sra~ oi ~oR~oa ~t u~acE ~ ~ . ~ ~E~ MY GOlNMI~SIUN IXP;RES APY,. 24, 1969 r~ . , _ ; . G. N. 900K . ` t;,,.,~ •~C~•IQU~w'•~~/': ~ •~~r"n•d ;;'1~' ~r';~Ci ~ : ~ ~U, ~r~: R.Jr~~ i f r~ . ; : ~ * ~ ` MA~ T A~?~ I ' 3~ ° ' ~ ' y~r ~ „ ~ "Y?Ct~ ~ - e~ .llC!'J ~iJ• :\V ' C.i • :"1 f . . : ~O•~'..,,. "`~~J•. : ST. ~~OtTRAS. CI~RK ~ . ~ = ' Ci~E COUNTY " ~ ; T. FIORtDA ~ £ BOO~t~~~ • ~ ~