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To place and continuousiy keep an the build~ngs now er hereafror ~~fuate on sa~d land and on ai~ equ~pment snd parsonelly covered by this mo~tg- pe, with sN promiums thereon pa~d ~n f~ll, (ire insu=anci h~ tha ~s~al standard policy form, in a sum approved by the MORiGAGEE, •nd windstorm infurance in the usual ~tandard pol;cy form, in a sum approved by the MORTGAGEE, in such company or tompaniea as the MORTGAGEE moy direct; end ali fire and wlndstorm insurarce pofic~es en any of sald build~ngs, eny interest therein or part thereof, in the aggregate sum aforesaid o~ In excea~ thereof, thali contain tF~e usual standard mortg.~gee clause or wch other cl3use es the Mortgagee m~y rtyu~re, making the lais u~drr fa~d polr cies, aach end every, peyab!a to said MORTGAGEE as ~~s inte~est may appear, and each and every such poiky shail be promptly ass gned end delrverrd to any helcl by sa~d MORTGAGEE as funher security to sa~d n~orrgage debt, and, not less than ten (10) days in advance of the expirat~on of each poGCy, ro da- liver to aaid MORiGAGEE a renewal thereof, togeiher with a rece~pr for the premium of such renewal; end there shal; be no f~re or windsrorm insuiance pieted on any of sald buildings, any interest the~ein or part thereof, ~niess fn the form and with the loss payable as aforesaid; ai,d in the event any sum of money becomes payable under such policy or policies sa~c~ h~ORTGAGEE shall have the opt~on ta rec~ive and apply the same on account of the inderted- ness sewred hereby or to pe:rrit eaid MORTGAGORS ro receive and use it or any part rheraof for othcr purposes, w;thout th~rri~; .v~ivina cr ~n,pair- ing any eq~it~, lien or right under or by virtue of this mo:'gage; and in the evenl sa~d MORTGAGORS shall for any reason fail to keep the said prem~ses so inivred, or fail to deliver promptly a~y af said polities of insurance to said MURiGAGEE, or faJ prompfly to pay fuily any premwm therefUr or in any respect fail to perfarm, d~scharge, execute, effeu, con~plete, comply wirh and abide by this covenant, or any part hareof, srid MURTGAGEE may place enc7 pay fc+r :uch insurance or eny part thereof without waiving o! affecting a~y option, lien, equlty, or right under or by virtue of this Mortgaqe, and the full amovM of each and every such payment shall be immediately due and payable and sha:l bear enterest from the date thereof unti! paid at the rate ot nine per centum per a~num and together w~th such intcresr nhaii be secured by the lien of this mortgage. 4. To perrnit, commit or suffer no waste, impairment or deterioration of sa+d property or any part ihereof. 7o pey all a~d singular the costs, charges and expenses, inc!ud~ng a reasonable attorney's fee and costs of abstracts of title, incurred or paid at eny time by said MpR1GAGEE, because or in the event of the failure on the part of the said MORTGAGOR to duly, promptly and fully perform, distharge. execute, effect, complete, comply wrth and ab;de by each and every the sripulations, agreements, conditions, and covenams of said promissory note and thl~ mortgage any or either, and said costs, cherges and ezpenses, each and e~ery, shall be immediately due and payeble; whether ~r not there be r~otice da mand, attempt to colleU or suit pend~ng; and the full amount of each and every svch payment shsll bear interest from the date thereef until paid at the rate of nine ~er centum per annum; and atl sa~d costs, cliarges and expenses incurred or paid, together w~th such interest, shall be sewred by the lien of ihi~ mortgage. 6. 7hat (a) in the event of any breach of tF~is Mortgage or default on the part of the MORTGAGOR, or (b) in the event any of said aums of money herein referred ra be not promptly and fvlly paid w~thin th~rty ~30? days next aiter the same severa'ty become due and payab(e, wrthout demand or notlce, or (c) in the event each and every th~ stip~la!lar,s, agreements, conditions and covenants of sa:d prom;s>ory note and th~s mortgage any or e~ther are net ~uly, promptly and fully perfonr.ed, d:scnarg=d, exec~ted, effected, completed, complied with and abid~~d 5y, then tn either or any such event fhe said ag• gregate a~m mentioned in said promissory note th?n remair.ing unpaid, with interest accrued, and ail mon?ys setured hereby, shall becorr.: due and pay- able forthwith, or thereofter, at the oprion oi said IAORTGAGEE, as fully and complete~y as if ali of the said sums of money were originally stipu~ated to be pa~d on such day, anything in sa:d prom~s>ory note or in this Morigage to the contrary notwithstanding; and thereupon or thereafter at the o; ~ion of seid MORTGAGEE, without nonce or demand, suit at law or in eqvity, therefore or thereafter begun, may be proaewted as if all moneys secured hereby had maTUred pr~or to ~rs insNru~ion. 7. That in the event rhar at the beg~nn~ng of or at any t~me pending any su~t upon this Mortgage, or to foreclose it, or to reform it, or to enforce payment of any clairrs hereunder, said :~10RTGAGEE shail app!y to the Co~n hav~ng jur~sd~ct~on th;:reof for the appointment of a Receiver, such Court shall forthwith appoint 3 receiv2r of sai~ morlgaged property ail and singuiar, ir.clud.ng ait aed singular the income, prof~ts, isrt and revenues from whatever sourte derived, each and every of wh~ch, it being express!y ~nderstood, is hereby mortgayed as if spec~ficaily set forth and detcribed in ihe granting and habendum da~ses hereof, ard such Receiver shall have afl the broad and effeuivc fun;r,cns and powers in anywise entrusted by a Cou~t to a Receiver, and fuch appointment shall be made by such Court as an ad:nitted eq~ity and a mattcr cf absoluee righ~ to said MORTGAGEE, and without reference ro the adequ3cy or inadequacy of the value of rhe property mortgaged or to 'he so:vency or insoivency of said MORTGAGUR or the def~ndants, and ~hat such rents, profits, income, issues and revenues shail be appiied by such Re.eiver accord~ng to the !ien or equity of :aid MORTGAGEE and the practice of such ' Court. Ta duly, promptiy and fully perform, discharge, ex~cute, effect, complete, compiy with and abide by each and evrry the stipulations, agreementt, conditions and covenants in said promissory note and fh:s rnortgage se~ forth. 9. That in the event the ownership of the mortgaged premises, or any parv tnereef, becomes vested in a person other tha~ tht MORTGAGOQ, the MORTGAGEE, its successors and ass~gns, may, without norice to the MORiGAOR, deal w~ih svch successor or wccessor in imerest with reference !o thix mortgage and the debt hereby secured in the same rnanner as with AAo~rgagor without in any way vitlating or discharg~ng the M1lortgagors' liabil~ty here- under or upon the debt hereby secured. No sa:e of tha prem~ses hereby mertgaged and no fo~bearar.ce on the part of the MORTGAGEE or its svccessors or essigns ar.d no extension of the time for the payment of the debt he•eby secured given by the MORTGAGEE or ite avccessors or ass!~ns, ahail operate lo release, dis[harge, modify change or affect the origlnal liac;;ity of the MORTGAGOR herein, either in whole or in part. 10. It is spec~f;cally agreed that tlme is of the essence of this tontracr and that no waiver of any ob!igation hereunder or of ihe obligation se- cured hereby sheli at any time thereafter be held to 6e a v~aivar of !he terms hereof or of the irlstrument sec~red herby. 11. In add~r,o~ to the forego:ng monsh!y payrnenrs of ;;rinc pai and interest requ~;ed by the prom ssery no~e s~cured hereby, morigayer eovenants and agrees tu pay ro n;ortqagee .tiith eacn ~r~onth y pay~. ent an add:ronai sum est:n.a~ed b~ morrya~ae to be equal to l. 12 of rFe ar3nual cost of the follow- ing: A-All real property taxes levi~~ cr assessed ag~i~;st tF•: aEove d_scri.~,ed reai es?ate. B--Prem~ums or. fire ard w~ndstorrn inwr~rce as her~~;n n,q~;red to be carried en the ~m,:roveme~rs s:ruate on the above des:ribcd premises. C-Premiums on s~ch morigage guaranty ir.sura~ ce as m,orrgagee shall from t r.;e to ti~r.e deem fit to carry on the loan secured hereby. M.ortgagee sha;l from ~~n-~c ro t~~ c ncr~fy mcri;~~cr ~n wr~r~ng of tne an•ou~t d~e a~d payab!e hereunder and s~ch sum sha;l thereupon be due and payable on thz due date of ~he n~xt ~~•~omh:y p3y-~ ant acd e~ch successive menth ti,ereaft_r u: !ii mcrtgagee sha!I notify mortgagor of a change in such amount. Such sums sFail be app:ied by morrga3ee rov:ard !i,. F:ayrnent of real properry taxes, insurance prem;vms, and mortgage guarenty insurance premiums. IN WITNESS ~h'HEREOF, the sald MORTGAG~~R has hereunto set h~s h~nd and seal the day and year f~rst aforesaid. i , Sea ed d i d the resence of: ~ ' P ~ ~ / / g, . . - C/ -'~~l~i" _ ~1L ~ ~~~a~~'~t5eal) v -~`~'t'~-~- '~,~1~~~'k- - -f5eel) - (5eal) - (Seai) STATE OF F!ORIDA ~ COUNTY OF _I,1LG~.$- - 1 Before me perscnal;y appeared _ ChArl A c T~ and i n _,~j~u,i ~a r his wife, to me vaell known and k~;own to me to be the individuals desc.ibed in and who exewted the foregoinc~ instrument, and ackr,owledged before rt:e that they executed the same for the purposes therein expresaed. And the said_- LUC 18. .S @ V 1 E T' _ wife of ~he sa~d - _~'tI1~2'_~A S D. .5.` 8 V3.C~T' , upon a seoa~ate ard private examination by me tzken separate ard aor~t from Fer said h~sband, acknowledged to and before me that she executed said instrvment freely and vo!un- tarily and w~thout any compulsion, cor,stra~r3, apprehension, or fear cf or from her said husband. WITNESS my hand ar,d officiai seal this_~_-___,le__..~_~_ day c'~ NC~~~.~ A. D. 19~ ' - - Notary Public in and for the State cf Florida at Large My Co ~:sion expires: Re?om 70: ~D~D ~ / Notary Pub!i<. 5:~:~ . First Federal 5avings & Loan Assodat:en ~ C Q ~Oy " j.~['j ry My Commissicn xp:rrs !`:o•r. 3, 19e~ Of FUrf P-~rte. V O" e:,jed aY Amcr~caa F.ir s Cas~~~y . Fort Pierce, f!crida f,~, ~J U~ " . ' . _.'9~ ° - " ~ ` • n . _ , _ \ . ~~C~ ~li~ F?'~ } ' ;~iy C~nrt~asi;,n ~X~ire~ ~i'u~i. 3, i9b~~ e, - ~`~~F~;.w, - de~ .°I Ar.n:.:en:i~re 6 ~..4i~ai!y . _ ~ ~ "4 Co. . ~ . . . ;.~y.. ~(~I.YGRX ~f . _ • . . F~U~~'.J~U~='~RtGA ~d~Y. - rL - ~ ; , 80RK131 133 ~ , ~