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To pix~ •nd ~ontinuovfly keep a~ !`~a bui:dings nuw or heroafrer s~tuete on said I~nd and on ~II equipment ~nd p~nona~ly ~nver~d by this mortg- p~, with •II p~emiums thKeo~ psld in full, fire insurar,ce ~n the usuaf xta~xiard po{i<y form, in a sum approv~d by the MORiGAGEE, •nd windstorm Msur~~?ct in tFu u~wl uandard policy form, in a sum approved by the MOR7GAGEE, in w<h <ompany or wmpaniea at th~ MORTGAGEE may dirttlj ~~+d •N fire and winchtorm insi~ance policies on any of sai:~ b~ildmgs, eny interext therein or p~rt tharaof, in the sygre~qete ium aforaf+id a ki ~xcysa Iher+oi, shdl co~tain th~ usual atsnda~d morrgagea clausa or such mher cla~sa es the Mortgagee mey requ~r~, makiny the lois under •~~d polF tiw, tach and ev~ry, p~yeble to u+d MORTGAGEE as it• interest may appear, end each and every such poticy shall be promptly at~ flned and del;vered to any held by uid MORTGAGEE as further security to said morrgage debt, and, not iess tha~ ten (10) days in advan<e of the expiretion of each pol~ty, to dr (IYN 16 ~aid MORTGAGEE a renewsl thereof, togerh+r with a rece~pf for the premium of svch renewal; and thero shall bP no fra or windstorm insurante pl~cad on ~ny o} Nid buildinys, •ny interest therein or part thereof, unless in rhe form and with the loss payabie as afora~aid; and in t6e event sny sum of mon~y becomes p~yable u~der such poiicy or poGcies ~aid MpRTi;AGEE shal! have thr op~lon to receive and apply the same on accovN of the indebted- ness ~cu~sd M~sby or /o pe~mil ~aid MORTGAGORS to receive and use it or any pa~t thereof for other pur~~oats, withovt ~her~o/ waivi~ig or impair- in9 any equ+ty, lien or right under or by virtue of thit mor`gage; and in the event sn~d ~1M1ORTGAGORS shall for •ny reason fail to keep the said premise~ so in~u~ed, or feil to deliver p~omptly any of enid palities of ina~rance to said MORTGAGEE, or fail promp!ly to oey fully eny pren,ium thercfor er in any respett fail ta perform, discharge, execute, effed, complete, comply wirh and abide hy thit covenant, or eny part hereof, said MORTGAGEE mey plece and pay fw wch Insura~ce or •ny part th~reof without waiving or affecting any option, lien, equity, or rSght under or by virtue of thie Mortgage, snd tht full amount of esth ~nd ev~ry tuch paymenl shall be immediately due and payable end s'sall 5ear interest from tfi~ d~ts thereof until pa~u et the rat• of nine per centum per a~num and together with auth i~teresr shall be securzd by the litn of thi~ mortgage. 1. To ptrmit, commit or wffer no waste, impeirment or deterioration of said property or any part thereof. 5. To pey •II and ainpula~ the costy, chsrges snd exp~nses, i~cluding a reasonao!e attorney's fee and coats of ebstraett of title, incurred or F~id at any time by said MORiGAGEE, bKSUSe or in the avent of the failure on the pan of the said MORTGAt"idR to duly, prompNy and fully perform, ciifcharge, •xecute, effett, camplete, tomply with and ab:de by each and every the stipulat~ons, agreements, cond~tions, end covensnts of said promissory note ~nd rhi~ mortgaye any or either, and ~aid cosri, charqes and expenses, each and every, ahail be immed~ate'y due and payeble; whether o! not there be notice dt mand, attempt to tollect or euit pend~ng; and the ful! amount of each and e~~ery such payment shall bear i~terest from the date thereef until paid ~t th~ rete of nine per centum per amiurn; end all said costa, cherges and expensza inwrred or paid, together with tuth int~t~~t, shall ba securad by the li~n of fhit mortq~qe. 6. That (rj in the event of Rny breach of thia Mo~tgage or default on the part of the MURTGAGOR, or ;b) in the event any of aaid tums of money henin referred to be not promptly and fully pa+d within thirty (30) day~ neaj aiter the same severa!ly become due snd psyable, withouf demand or notice, or (t) In the erent eech end every the stipuletions, agrrements, cond~tions and covenants of sa;d promistory note and th:s mortgaqe eny or either are not ~uly, promptly and fully performed, dlscharged, executed, effecred, comple~ed, campl~ed with and abided by, then in e~ther or any ~uch avent tha said ap~ gregste sum mentioned in said promissory note then remaining unpaid, with interest acuued, and all money; utur~d hereby, ~hal! become due and p~y abte forthwirh, or thareafter, ~t the option of said MORiGAGEE, as fully and completely as if all of the said s~ms of money were origin~lly ttipulatrd . to be pa~d on such day, anything in aeid promissory note or in rhis Mortgay~ to the contrary notwithsrandin9; and thereupon or thereafrer at the apiion of seid MORTGAGEE, without notice or demand, auit at ~ew or in equity, thereforc or thereafter be~un, m~y b~ prosetuted at if all moneys ~~tured hereby had matured priot to its institution. 7. That in ihe event that at the beginning of or at any time pending any s~it upon rhis Mortgage, or to foracta~~ it, or to reform it, or to enforc~ paymenT of eny eisims her~under, said M~RiGAGE[ shall apply to the Court haviny j~r~sd~ction thereof for th• eppointment of • Receiv~r, ~uth tourt shall forthwith sppoint t receiver of aai~1 mortgaged property all and singuier, includ~ng all and s~ngular the inmme, profits, issusi •nd rev~nues from whatev~r soures derived, eech ond evsry o~ which, it being expressly understood, is hereby rnortgaged as if specifically set forth and dettribetl in ths yr~ntinp and hebendum clausea hereof, and such Receiver shali have al1 the broad and effecrive iunct~ons a~d poweri in enywiie entru~ted by a Court tp a Raceiver, and :uch appoir.tment Rhall be mede by such Gourt as an admfrred equiry and a maiter of absolure rlghr to said MORTGAGEE, and without referance te ths adequacy or inedeq~scy of the value of the property mortgaged or to the so,vency or insoivency ef said MORTGAGOR or the defendanri, ~nd that •uch renta, profirs, intome, is~ues end rsvenues shall be appl~ed by such Receiver according to the lien or equity of said MORTGAGEE and ih~ practit~ of tuth Court. 8. To duly, promptly and fully pQrform, discharge, execute, effect, complete, ccmply with and abida by each and every the stipulations, ~~r~ements, tondi!iont and covenent~ in said promlcsory note and this mortgaga set {orth. 9. That in the event the ownerahip of thE mortgaged pren,~ses, or any part thereof, become~ vested in a person other than the MORTGAGOR, th~ MORTGAGEE, itf svctessari and essignY, may, without r.otice 4o the MORTGAOR, deal with such su[c»aor or ruccelsor in interett with referr~te to ih~~ mortgage and the debt hereby secured in the same manner as with Mortgagor w;tho~t in any way vitiating or discharying the Mortfla9orf' liability here under or upon the debt hereby secured. No aa!e of the premises hereby mortgagEd ar.d no forbearante on thC pert of thv MORTGAGEE or it~ wccessors or easigns and no extension of the time for the payment of the debt t~~reby sec~red given by the MOkTGAGEE or iti ~ucceieon or auigns, shal? operate to release, d~scharge, modify thange or afFect the orig~nal Iiao~Gty of the MCRTGAGOR here~n, either in whole or in part. 10. It i~ specifically agreed that time is of the essence of ~h~s conrract and that no waiver of sny obligetion hereunder or of ths obliyetion sr cured hereby •heii et an}• time thereatter be held to ba a waiver ef the terms hereof or of the ir,strument secured harby. 11. In add~tion 4o the forego'ng month'y paym~nts of prir;c pal and i~~terest ~equ:red by the prem;ssory note se.:,red heraby, mortqagor sovenant~ anti agrees to pay to mortgagee wi;h each m~nthfy pay~~~ent an adtl~ror.al sum esr;~,ated by morrgagee to be equal to i j 12 of the annual cost of th~ follow- ing: A-All resl property taxes levied or assesscd ag~i~ut thc obeve described real estate. B-Premiums on fire and windstorm insurance as hereln req~;red to be czrried on the improvament• s~!ua?e on the ek~ove deicribed premi~et. C-Premiums on such mortgaga guaranty ins~rance as mcrtgagee shal! 'ron- t:me to time deem fit to carry on the Iean eecured hereby. Mortgagee shall from time to time notify morrgagor ~n w:iting of ihe a~o:,~~ due ard p3yable hereundar and such wm shaVt thereupon be d~e and payabie on the due date of the next monthly paymen! and each successive menth tnereaf!~r untii mortgagee iha!I notlfy mortgagor of a change in such amount. Such suma shall be apFlied by mortgageP toward the payment of real property taxes, insurance prem~~ms, and mortgege guaronty insurance premiums. ! WITNESS WHEREOF, the said MORTGAGOR has hereu^.to set his hand and seal the day and year fint aforeaaid. ned, Se~led nd livered in ihe resence of: s-?"!! • Y ~ ~5oel) r r ~ ~a~~v (Ss~l) lS~el) - (Seal) STATE OF FLORIDA ! COUNTYOF ~a~T1t LUC~H ~ ss. Before me personally eppcared R ob er t F'.C~W T'4~ 5 _ and Clnrq L,A~a Fr~war~s his wiie, to me we!! known and known to me to be the individuels described in and who exewted the foregoing instrument, and acknowledged before me that they executed the same for the p~rpmes therein expresaed. And the •aid _ C OT' ~1 L P, 8~!j W& T' ~ S wife ar rhe said R~b~rt Ff3W82'(.~3 upon a separate and prive!e examination by me taken separate and apart from her said husband, acknowledged to and before me that sfie exetutied said '+nstrvmeM f?eely and volun- tarily end vvithout any compulsion, constraint, apprehens:on, or fear of or from her said husband. I ~ e~r y -J v L a. ~ D. 19.r~. WITNESS my hand and official seal this~_ da of 6~ ~ ~ _ ' ~ ' ' : .r - . N tary P~bl;c in and for tFse Sttt~ oE~ ~lorida at Lsr~a y Commixsion expi~es: ` ~ _ - Ratum To: ' ~ " µ •'~`Q F~~.~ Federo! 5avirtgs 3 Loen n:~~a,~q~~~E~ AND REC4 RDED - - Of Fo.t P:erce. r -~~„~.RM Q 0K NOTAP,Y FUBIfC, S[AT~,bJ ~LUfZIDA at ,RGE-' . I~d--J~~~~ h".Y CCM'diSSION EXWRES•APR•..T4~;.1969_ . Fnrt Pierce, ~loPiJ3a iaa~,~ , ' ~ . /i . / , v, ~ ~ ~ ~ ~ .,p'•1 ~ - . 2 . ~ , ; ~ . '65 2 P~._ • . ~ ~ _ ~ ~ . r ~ > - _"r - _ - = ~ - ~ i ;~u5 CLERK _ , ' . RflST.t LUC1~ COUNTY. • . ~ . } • ~ ~ FLORIDA : ~ BOpK, .l.~~ ~~~4 „~°.~~9