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To plats end coMinuo~sly keep on tha bui:dings naw or hereafter situate on ss~d land oi:d on al; ~q:~ipmeM end pe~~onally cover~d by this morfg- p~, with •il pr~miums therew~ pa~d in f~ll, fire ins~rante in the usual standard policy torm, in a sum approved by the MORTG~GEc, and windstorm l~wu+t~ in the ww~ ~tandard poGCy fo~m, in a wm approved by the MCRTGAGEE, in such tompany or companics as thQ MORTGAGEE may dit~ct; mvd ~II fir~ and windsrorm i~turance poli<ie~ on any of *aid build~~+gs, er.y inler~st tharein or part thrreof, in thr syyregate aum ~fwes~id or q~ uct~as th~roof, fMll cont+in 1Fx usual ilandard mortga9ea clav+e or suth o~har clawe ai the Mortpsgee may requ~re, mskinq the los~ unde~ u~d polN ties, each a~d ~wry, payab~a to said MORTGAGEE as its ~~~ecest may sppear, snd each and svery svch po!icy shall be p~omptly ~ss gned and delivared ~o ~ny hsW by ~aid MORTGAGEE aa furthcr feturity to said mortgage debt, and, not less than ten (10) days i,~ advance ot the expiration of each potity, to ds~ liwt W feid INORTGAGEE a reMwal thareof, toyether with a race~pt for the premium of ~uth renewal; and there shall be no f~re or windsrorm insuronte pl+hd an ~r+y of uid b~.ildinys, +ny interest therein or part thereof, unless in the farm ~nd wi~h ihe losi payablr as eforesaid; and in the event any sum of mo~y b+com~f payabie under such pelicy w po~~ciea wid MORTGAGEE shnll have tha opt~on ro re<eive and app':y the same on accounl of the indebted- n~ss ucund Mr~by w ro psrmit said MORTGAGORS ro reeaive and uss it a' any part the:eof for o:»~v purposef~ W~~~1')JI ~h+~ro; wai~ing or in,pair- inp ~ny equity, lien or right under w by virtue of this moc'gage; and in the event sa~d MORTGAGORS sha11 for any reason fail to keep the said pramises so iroursd, w f~il fo deliv~r prompt!y ~ny of xaid polities of insuran~tr to ~aid AA4RTGAGEE, or fail promp!ly to pay fuily any premium thetefor or in eny ryp4tt f~il b psrfwm, dHCMrge, axecute, eff~a, complete, comply wi~fi and abide by this covenant, or any part hareof, sa~d MORTGAGEE may place a~d pay fw wch lnawsnt~ w~ny psrt th~reof without waivinq w affecting any option, lien, equ~ty, or right under or by virtue of Ihis Mo~fgaye, and the fuli amount of sach and ~wry such payment shall be immrd~ately due and payable and shall beer interest from the date thereo! until paid at the rate ol nins per cenwm per ~nnum ~nd togtther with such interes~ shait be szcurrd by the lien of this mortJage. ~1. To pamit, commit w svHer no wa~te, impeim~ent w deterioration of said property o? any part thereof. 5. To pay ~II and sirpular the cwts, charges and eapenses, inctuding a reasonab!c attorney's fee and costs of abstracte of title, incur~ed or paid at any time by said lY10RTGAGEE, bacau~a w in the event of the failure on the part of ;he said MORTGAGOR to du~y, promptiy snd f~l!y perform, d~scharge, execvte, affect, complet~, comply with and ab~de by each and every the stip~lat~ons, agree~nents, conditions, and tovenants of iaid promissory note and this ~ mortyape any or either, ~nd asid mstt, therges and expenses, each and evary, ahatl be immediateiy due and payable; whether or not there be not~ce da mend, attempt to tollett w suit pending; and the full amovN of each end every such payment •ha11 bear interest from the date thereof until paid at the ~ rate of nine per tentum per annum; and all aaid costs, charges and ~~~~enses incurr~d or paid, together wdh such imerest, shall be secvred by the lien of thia ' mortyage. 6. That (a) in the event of any breach of thia Mortgr~e or default o~ the part of the MORTGAGOR, or (b) in the event any of sa~d s~ms of money herein referr~d to be not prompHy and fully paid within thirty (30) days next atte• the same seeera!ly become due and payabte, without demand oi notice, or (t) in ihe e~em eath and every the stipulations, agreements, condltions and covenants of sa:d promissory note and thh mortgage any or either are not # 9uly, promptly snd fully performed, d~scharged, exetuted, effected, completed, complied w~th and ebided 5y, then in either or any such event the said eg• ~ yregate sum mentioned in said promissory note then remai~ing unpaid, with i~terest accrued, and a!I moneys secured hereby, shall becorne due and pay- •ble forthwifh, or thereafter, at the option of safd MORTGAGEE, as fully and completely as if aIi ot the said sums of money were originally stfpulated to be paid on such day, anything in said prom~ssory note or in this Mor~gage to the contrary notw~thstanding; and thereupon or thereafter at the option of said MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereaf?er begun, may be prosecuted as if all moneys aetured hereby had maturtd pnor ro its inatitution. " 7. That in tha event fhat at the beginning of or at any time pend~ng any suit upon this Mortgage, o: to fo~etlose it, or to reform it, or to enforce ~ payment of any tlaims hereunder, said MORTGAGEE shalt apply fo rhe Cowi havirg jur~sd~tNon thn~EOi for the appointment of a Receiver, wch Court shall forthwith appoint a receiver of said mortgaged property all and singular, includ:ng aIl and s~ngufar the income, prof~ts, issues and revenues from whatever source derived, eath and every of which, it being expressly understood, is hereby morrgaged as if spec:fically set forth and deacribed in the grenting and habendum cleuses hereof, end such Receiver shafl have all the broad and effec~ive f~ncr,ens and powers in anyw~se entrusted by a Couri to a Re<eiver, and such appointmeM shall be made by such Court as an admitted equity and a matter of absot~te righi to said MORTGAGEE, and without reference to the adequacy or i»adequscy of ihe vatue of the property mn~tgaged or to the so~vency or ~nsoivency of sa~d MORiGAGOR or the deiendanta, and that such reros, profits, intomr, iasues and revmues shail be applied by such Recaiver accord~~ig to the Iien or equ~ty of said MORTGAGEE and the practice of such Court. 8. To duly, promptly snd fully perform, discharge, execute, effect, complete, comply with and abide by each end every the stipulations, agreementa, conditionz and covenants in aaid promissary note and thls mortgage aet forth. ' 9. That i~ the event the ownership of the morigaged premises, or any part therec+f, beccnes vested in a pe±son other than the MORTGAGOR, the MOk7GAGEE, its successors and asslgns, may, w~rhout nofke to ttie VORTGAGR, deal with such successor or auccessor in interest wirh reference to this martgage snd thc debt heteby sewred in the same manner as with Mortgagor wnhout in any way vit~ating or discharging the Mortgayors' liability here- under or upon the debt hereby secured. No sale of Ihe premises hereby mortgaged and no forbearance on the part of the MORTGAGEE or its successors or assigns and no extension of the time for the paymem of the debt hsreby sec~red given by thz MORTGAGEE or its succesaors or assigns, shall operate ~o release, diachar~~, madify thange or effect the original liab:l~ty oi fhe MORTGAGOR herein, either in wholc or in part. 10. It b spetificatly agreed that time ie of the essence of this contract and fhat no waiver of any obGgation hereunder o? of the obligation sr a.red hereby shall at any time thereaiter be held to be a waiver of the terms hereof or of the instrument secured herby. 1?. In addrtion to the torego'ng month!y paymants of pr'nc'pal and interest req~ired by the prom;sscry no!e secure~ hereby, mortgagor eovenants and agreei to pay to mortgagee with each mon?nIy payn:eiV an add:~ional sum estlmated by mo~tgagee to be equai to 1; i2 qf the ann~al cost of the follow- ing: A-All real prope~ty tax2s levied or assessed agaiost thc above describrd real es!ate. B-Premiums on fire and windstorm inw~ance as herein requ;red to be carried on the im;;roveme~ts s±uate on the abeve described premises. C-Premiums on such mortgage guaranty insurar.ce as mort~agee shail from t'me te ti~ne dc~em f;t to carry on tne !oan secured hereby. Mortgagee shall from time to time notify mortgsger in wr~t;~g of ffie amc.,~~t d~e and payable hereundcr and such wm sha;l there~pon be due and payable on ihe due date of the next month:y payn~ent and each successive mor.th thereaft:r uctil m.crtgagee sha!I no!ify mortgagor of a change in wch amount. Such s~ms shall be applied by mortgag?e rov~ard the payment of rea~ propsrty texes, insurance pre:n:u:-ns, a~,d mortgage guaranty insurance premiums. IN WITNE55 Y1H EOF, the said MORiGAvOR }ias he:EUnto set his hand and seai the day and year first aforesaid. ~ Si ned, 5esled d de!' n the c~of: ~ ~ ` r--~ ~G (Seal) ~ . ~ , (Seal) STATE OF FLORIDA SS. coun,rr oF S t. Luc ie _ i s` Before me personally appeared C_ R- ~~f~'m9j-St~.BY'-_ and ~ ~ I)c?rQthy F. H~f~meister his wi/e, to me well known ar.d know;, to me to be the individuats described in and .~ho executed the foregoing instrument, a~d atknowledged beiore me !hat they exec~ted the aame for the purposes ~ ~herein expresssd. And the iaid Daro thy F. Ho~'~ i s ter ~ C. R. HoSfineister ~ wife of the said - , upon e separate an~! private _ examination by me taksn separate and apert from her said husb d, acknowledged to and before me that she executed said instrument freely and volun- larily and without any compulsion, consrraim, aYprehe ~on, ot ar of or from het said husband. ~ yNITP(ESS my hand and official scal thi~~- day cf J A. D. 19_ U~7 ~ Y ~~LYei! ' ~ fvotary Public in rnd for the State of Florida at Large My Comm~ssion expires: Return Tp: First Federsl Savings 6 loan As~ociation „ulU1n ~ Of Fort Pierce. i ry~ _ ~n of 1 qq~. Fort pierce. Flo~ida G i/~ ~ ~ . . _ , J~ ac;._,.. . _ _ . _ FI q EC ROED 3~•' ~N_ ' BOOK - . =c~~oz,^;Ry~.~ - , . : . r~ ' ~ ' - n t~ : - ~ . " g Lj ~ T- ~ 22 PM z ' t~ ~ ' ' _ " '65 JUL 3 ' ~ ~ ~ ~ ~ ~ - ~ - ~ . ~ ~ _ ~ _1 4~• ~ 'L~~ ~ ~ ~ i~' p ~ ~a:+' ~ . _ ~ ~ ~~~h~~ J 1 . ROG~R POIT~tAS. CLERK ~ ~~~.i ~t~~' . ~ _-3, ~ . ST. LUCIE COUNTY. { ' ~'LOR1DA ~ . ~ ~ _ _ ' _ _ . _ , . ~