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To pl~t~ •nd to++tinuously kaep on the buildinga now o~ hereafrer s~t~are or, sald I~nd and on •i~ equ~p+nMt +~d penonally covered by tt~if mort¢ p~, with all premiums thereon paid i~ Fuli, fi+e insurance in thc usuel standerd po!icy form, in a surr~ spprowd by the MORIGAGEE, •nd windstwm i~~ur~nc~ i~ the u~ual ~tanderd policy form, in a sum approved by the MORTGAGEE, in •uth company ot companies af fhe MORYGAGEE may dintt; •nd all fire and windatorm insuranca poi~cies on eny of Ye~d 'ouild~~gs, any interex~ therein or port thereof, in the eggreyaro wm afores~id a In ~xteu fher~of, thal! contain fhe uauel standard mortgagee clause or such other clause as the Mo~tgagee may require, meMin9 ihe loss under sa~d poli~ t+~s, ~ach and svery, payable to said MORTGAGEE as ~ts intcrrat may eppcar, and each and c~ery such pa!~cy shall be promptly a:~ gned and delivered to ,~ny Mld by seid MORTGAGf.E as further security to said mo:tgage debt, ar.d, not less than ten (10) days in advance of the exp~rat~on of each polity, to dr (ivtt to uid MC?RTGAGEE • renewal Ihereof, to~ethet with a rece+at for tht premium of such renewa!; and thete ahall be no f~re or windsto~m inturance pl~c~d on any of said buildings, any Intcrest therein w pert thercof, unless in the form and with the loss payab~e at aforesaid; nnd in the rvent •ny ~um of mo~roy becomet payrble under sutfi policy or policiea said MORTGAGEE shall have tha opt~on to receive and apply the same on account oi the indebted- n~st setured heroby or ro permit said MORTGAGORS to receive and use it o~ an, p~rt thereof for othcr purposes, w~tho~t fh-reo~ waivi~ig or ~mpair- inp any puity, lien or riqht v~+der ~r by virtue of this mo:lgage; and in the event sa~d MORTGAGOR$ shali for any rcason fail to keep the said premises so iruured, or fail ro deliver promptly any of said policies of insurance to said MORTGAGEE, or fail promptly to pay f~~~y any premium thorefar or in any r~spect fail to perform, di~charge, execute, effect, complete, comply wi~h and abide by thit tove~ant, or ~ny par~ hereof, said MORTGAGEf may ptace and pay'for auch insurance or any part tl~e~eof withaut waiving or affecting any option, lien, equity, or ~ight under a 6y virtue of thia More9ape, and the full ~mount of each and every iuch payment shall be immediataly due anc' payable end shall bear interest from th~ data thereof until paid at the rate oi nln~ per tentum per ~nnum and together with such interest shali be secured by the lien of thii rROrtqa9e. 4. To permit, mmmit or euffer no wnste, impairment or deterioration of said property or any part thereof. S. To pay all end sinyular the costs, thargea and expenses, in~luding a re~sonable etrorney's fee and tosts of abst~acta of title, incurred or paid at •ny time by sa~d MORTGAGEE, becausa or in the event of the failure on the part of the said MONTGACrOR to duly, promptly end fully perfarm, diuhargs, ?xatute, effetl, complete, comply with and eb~de by each and every the ~tipulatinns, agreernenrs, cond~tion~, and co~enants of said promissory note and this mort9aye any or either, and said tottt, chergea and expenses, each and every, shall be immediately due and payable; whether or not there 6e r~o~ite do- mand, sttempt to collect or suit pending; and tha f~ll amount of each and e~ery s~ch paymenr shall bear interest from the date 4hereof until paid at the rete of nine per centum per annum; enc! all said cost?, tharges and expenses irvturred or paid, together w~th suth interett, shall ba secured by the lien of this mortaaq~. 6. Th~t (a) in the event of eny breach of ihia Mortgage or default on tM part of the MORTGAGOR, or (b) in the event any of said sums of money h~r~in referred to bc not promptly and fully paid within tn~rty t30) days nexi a'ter the same sevcrally beccme due and payable, without demand or noticc, or (t) In the event each and every the stipuiat~ons, agreement:, cond~`ions and covenants of sa:d promissory note and th~s mortgege eny or either era nat ~uly, promptly and fully performed, discharged, exewted, effected, completed, tomplied with and abided 5y, Ihen in either ar any wch event the said ap- pregeta sum mentiontd in said promissory note then remaining unpaid, with interest accrued, and all moneys aecured hereby, shall become due a~d pay abl~ forthwith, or thereafter, at the opt~on of said MORTGAGEE, as fully and comple~ely a: ii all of tF.e said sums of money we~e origirtelly ~tipulated fo bo paic! an Y~ch day, anythin9 in said pr~missory note or in this Mortgage to the conrrary notw~thxtanding; and rhereupon or thereafter st the option of said MORTGAGEE, without notice or demand, avit at law or in equity, thzrefore o• thereefter begun, may be proxcuted ai if all moneys setured hereby had matured prior to it1 institution. 7. Tha! in the event that st thc beginning oi or at any time pending any auit upon this Mortgage, or to foretloae ~t, or to re4orm it, or to enfores payment of eny claims hereunder, said MORTGAGEE shall apply to the Court having jurisd~ction thereof for the appointment of s Receiver, ~uch Court shall forthwith appoint ~ receiver of sai~! mortgaged property all and singular, includ~ng aIi and singu~ar the income, profits, issues and revenues from whafever wurce derived, each and every o~ which, it being expressly understood, is hereby morrgaged as if spec~fically sef forth and described in the granting a~d habendum clauses hereof, and such Receiver shall have aIl the broad and effe~tive f~nct,ons and powers in anyw~se entrusted by a Court to a Receiver, and •uch sppointment shall be made by xuch Court as an admitted equity and a matter ef absol~te ~~ght to said MORTGAGEE, and w~rhout referenca to the ~dequaty or inadeqvaty of the value of the property mortgaged or to the so~vency or insolvency of sa~d MORTGAi~iOR or the defendants, and that such rent~: profiri, income, issuee and revenues shail be applied by such Recei~er according to the lien or equ~ty of said MORTGAGEE and the practice of such CouR. 8. To duly, promptly and fully perform, d~scharge, execute, effect, tomplete, comply with end abide by each and every the stipulations, agreements, tonditions and tovenents in sa,d promissory note and this mortgage set forih. 9. ~at in the event the ownership of the mortgaged premis?s, or any part thereof, becomes vestcd in a perwn other than the MORTGAGOR, the MORTGAGEE, its ~uccessors and assigns, may, withovt notice to the MORTGAOR, dea~ wi~h wch successor or wccessor i~ interest with reference to this mortgage and the debt hereby secured in ihe same manner as w~fh Mortgagor without in eny ~vay vit;ating or discharging the Mongagors' liability herr under or upon the de6t hereby setured. Tlo sale of the ~remises h<r~h~ mortgaged and no forbearen~e on the part of the MORTGAGEE or its successors or essigns and no eztension oi the time for the payment of the deb~ he~eby secured given by Ihe MORTGAGEE or its s~ccessera or assigns, slial! operate to release, discharge, modity thange or affect the o~ig~nal liab~l~ty of the MORTGAGOR herein, either in whola or in part. 10. It is ipecifically agreed that time is of the essence of this contracf and that no waiver of sny obligation hereunder ur of tha obli9ation sr cvred hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In add~tion to the forego:ng monthly payments of princ pa! a~d interest required by the piomisso~y no!e secured hereby, mortga~or covenants and sgrers to pay to mortgagee with each monthly payrnent ar. add:~icnal sum est~n.~ated by mortgagee to be equal to 1; 12 of the annual cost of the fotlow- ing: A-All real Froperty taxes tevied or a:sessed against the above described real estate. B-Prem~ums on fire and winds!orm insurar.ce as nere~n requ'red to be carried on the [mprovements sitvate on the above d=scribed premises. C-Premiums on wch mortgage guaranty insurar.ce as mor;gagee sh~il from t~me To time deem fit to carry on the loan sec~red hereby. Mortgagee shall from time to time notify mcrtgagor in •Nriting of ihe an,ou~t due and payable hereunder and such suT shall theteupnn be due and payable on the due date of the next month;y payment and each succsssive month thereafier unt~l mortgagee shall not~fy mertgagor of a change in such amcunt. 5uch sums ~ha:l be applied by mortgagee toward ?he payment of real propert~ taxes, insurance prem;ums, and rtiortgage guaranty insurance premiume. IN WITNE55 EREOF, the said MpRTGAGOR has hereunto set his hand and scal the day and ear first aforesaid. Siflned, Ssal nd v d.j resence of: ~j,,,~/~' ~ ' --~~r . i~C~' ° ~ ~ ---~Seal) ~ ~ ~ ~ Seel) (Seal} STATE OF FLORIDA 55. COUNTY Of S81.i1~ Lucig 1 Before me personatly appeared D. T. MCCi ~ 2 Z 18 Cl end E~YlE 1~. MeC le 11an his wife, to me well kr.own and known to me to be the individuals described in and who executed the foregoing in:trument, and acknowledged before ma that they ezecuted the same for the purposes th~erei~ expressed. And the sa:d E~ h@ 1 B. M eC 1 e 11 a n wife of the said _ D, T. MCv ~-G l lan , upon e seperate and private examination by me taken separate and apart from her said hus and, atkr.owladged to and beforo me that ahe executed said i~strument freely and volun- tarily and without any compulsion, constrain~, apprehe ~ear o( or from her said husband. WITNE55 my ha~d and official seal thi~ day of QC ber A. D. 19 ~ ~N - Notary Pub!ic in and for tne State of Florida at larfle My Commission expires: ~~r Ret~~rn 70: ° /s First Federal Savings 3 loan Aswciation ~pTA:cY PJ3LIC~ STATE of f~ QRtCA At LARGB Of Fort P;erce. ' ~ ~ 'a 6$ , r ~ p~ f r^`. :~I?>`~,`I EX~i.,ES `lOV. 29, 19 Fort Pierce. Fiorida , ~ ^ ~ ' ~ • _ ~ R Q E D _ J'I, t vr'', ~r.~~ ~~OK ; . ; ~ _ ' ` _ ..-t~ . - ~=~~.p;~ . ~ G ~ ~ 5 ~ ~ : i 5 ; . . w ~ S5 OCT _ * ~ ~ , . , ~ 3:3~53~ ~y ROGE:' f'OiTfi;aS, CL~RK r~4 ~T. LUCIE COUNTY. ' - FLOP.{DA ' . ` 600K.t.IGrt7 ~