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To plece and continuo~sly keep on rha buiidings now or hereafPer •ituate on sa~d ~and end on ~II equipmeM ar~d penonally povered by fhi~ mo~tq- p~, w~th •~I promium• the~eon pa~d in iull, flre insurance 7n the uwal starxiard poli<y form, in a sum approv~ by thc MOR1G.>GEE, ~~d windf!orm ins~rar.ce in the usual standard pol~cy form, in a sum apprcved by the MCR1GAGfE, in such tompany or Compan~es af tht MORYGAGEE mey direct; snd sll fire and w~n.ls~orm ins~rance poiic~es on any of seid build~ngs, eny interest therein or pert thereof, in the aggregare •un+ aforesaid or fn exce~s thereof, shall contain the usual standard morrgagee ctause or such other tlause as the Mo~tgagee may roq~ire, making the loss uniler ei~d polh cies, each and every, payable to said MORTGAGEE aa its interest may appear, and eech and every such pof~cy ahalt be promptiy ess gned s~d defivored to ~ny held by said MORTGAGEE ss furthnr security ro seid mortgage debt, and, no! lesx than ten (10) days in advance of the exp~~ation of each policy, ro dr liver to baid MORTGAGEE a renewal thereof, tvge~her with a receipt for the prernium of suth renewa!; and thera Sha11 he no firo or windstorm insurance placed on any of said b~ildings, any interest therein or perl thereoF, uniess in the form and with the loss payablc as aforexaid; and in the event any sum of monay becomes payebla under such policy or policies said MORTGAGEE shall have the opt~on ro receive and app~y the same on accouM of the indebtzd- ness sec~red hereby or to perm~t said MORTGAGORS io reteive and use it or any part thereof for othcr purposes, without th~reb~ waiving cr nnpair- iny any equity, I+en or right under or by virtue of thii mortgage; and in the event said MORTGAGORS sha~l fcr any reason fail to keep the said premises so insured, or fail to deliver promptly eny of said policies of insurance ro said MORTGAGEE, ar fail promptly to pay fufly any pre~n~~m fherefor or in any respect fai~ to p~rform, discharge, exec~te, effect, complete, con,ply wirh and abide by this covenant, or any pa.t hereof, said MORTGAGEE may place and ~ay for such insurance or any part thereof without waiving or affetiing any option, lien, equity, or right under or by virtue of this Mortgage, and the full amount of eath and every such payment sha~l be ~mmediately due and payable and shal! bear interest from tha date thereof ~ntil paid at tha rate o1 nine per tentum pet a+inum and tag~ther w~th such interest shaii be secured by the lien of thit mortgage. 4. Ta permit, commit or suffer no waste, impairment or deterioration of said property or any part thereof. 5. To pay all and singvlar the costs, charge~ and expe~ses, including a reasonab!e attorney'~ fee and costs of abstracts of title, incurred or peid at any time by ~aid MORTGAGEE, because ot in the event of the failure on the part of the said MORTGAGOR to duly, prornptly and fully perform, diacharge. execute, effect, complete, comply w~th and ab~de by each and every the stipulatiors, agreaments, conditions, and covenanrs of sa~d promissory note and this mortgage eny or either, and said costs, charges and expenses, each and every, ahall be immediately clue and payable; whether or not there be r.otice da mand, attempt to collect or suit pending; and the full amount of each and every s~ch payment shall bear intarest from the date thereof until paid at the rate of nine per cant~m per annurn; and all said costs, cha:_yes and exaenses incurred or paid, toyether w~th such intere~t, ahall be sewred by the lien of thif mortpega. G. That (a) in the event of any b~each of this Mortgage or default on the pa~t of the MORTGAGUR, or (b) in the event any of sa~d s~ms of money herain referred to be not promptly anc~ fully paid wrthin th;rty ;30) days nexf a'n~r the same severally becoma due and payable, without demand or notice, or (c) in the event each and every the stipulations, agreemen!s, cond~~ions and covenants of sa;d p~omissory note and th~s mortgage any o~ either are not ~uly, promptly and fully performed, discharged, exec~ted, efiected, completed, complied with and abidcd 5y, then in either or any such event the said ag- gregate s~m menrior,ed in said promissury ncte then remaining unpaid, with interest accrued, and all moneys secured hereby, shall berome d~e and pay eble forthwith, or thewa',rer, at the option of said MORTGC.GEE, as fully and compleielv as ii afl of rhe said surns of money •.vere or~ginally st~puleted to be pa~d on such day, anything in sa:d promisso~y nose or in th~s Mortgage to the contrary notwithstandi~ig; and thereupon or thereafter et the option ~f seid MORTGAGEE, without norice or demand, suit at law or in equity, therefore or therea'rer beg~n, may be prosecuted as if all moneys setured hereby had matured pnor to ~ts institution. 7. That in the event rhat at the beginning of or at any time pending any suit upon this Mortgage, or to fo~eclose it, or to reform it, or to enforce payment of any daims hereunder, said MORTG.4GEE shai; apply to the Cuurt having jur~sd',ction thereof for the appo~ntmem of a Receiver, such Court shail forthwith appoint a receiver of sa~~ mortgaged property ail and sing~lar, indud~ng ali and singular the income, profits, issues and revenues from whatever tcr~ce derived, each and every of wh;ch, it being expressly understood, is hereby mortgaged as if spec;ficaliy set forth and detaibed in the gronting and hebendum cla~ses hereof, and such Receiver shail have al~ the broad and effective f~nct:ons and powe~s in anywise entrusted by a Couft to e Reteiver, ar,d wch appointment shal! be made by suth Court as an admitted eq~ity and a matter of absolure r~ght to said MORTGAGEE, and without reference ro the adequacy or inadequacy of the value of the property mortgaged or to the so'~vency or insolventy of said MO~CrGAGOR or The defendants, and that svch rents, profits, income, issues and revenues shatl be applied by such Receiver accord~ny to the lien or equity of said MORTGAGEE end the practice of such Court. 8. To duly, promptly and fulty perform, dischn~ge, exec~te, effect, complete, comply with and abide by each and every the stipulatiom, agreements, conditions and cuvenants in sa~d promissory note and thls mortqage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person oiher than the MOR7GAGOR, the MORTGAGEE, its successon and assigns, may, without netice to the MORTG<+OR, deal with such successor or wctessor in interest with reference to this mortgage and rhe debt hereby secured in the same rt~ar.ne! as with Morrgagor witho~t in any way v+t~ating or discharg~ng the Mortgagors' liability hero- under or upon the de5i hereby sec~red. No sale of the prernises hereby mcrtgaged ar.d no forbearance on the pan of rhe 1,AORTGAGEE er it~ successors or ass~gns and no extens~on of the time for rhe payment of ihe debt hereby secured given by the MORTGAGEE or its successors or assigna, shall operate to reiease, discharge, modify change or aFfeU the origlnal iiauility of the h10RTGAGOR herein, either in whole or in part. 10. It is spec~ficaily agreed that time is of the esse~~ce of this contract ard that no waiver of any obligalion hereunder or of the obligefion sr cured hereby shall ar any time thereafter be he!d ro 5e a waiver of tiie terms hereof or of the instrument secured herby. 11. !n add:tion to the fore~o':~9 rronth!y paym~nr; of prirc nal and interezt requ~red by the prom ssory no!e s:cured hereby, mor!gager eovenantf and agrees ro pay to mortgagee v.~th each month:y payrnenr an add~rionel sum est~rnated by mortyagee to be eqval to 1; 12 of the annual cost of the follow- ing: A-All real prcperty taxes ievi~d or assess~d agai•~st tnc acove aescribed real estare. B--Prern~u^~s on fire and wir.dsrorm inwrarce as i~ere n reGu;red to be carried on the i~nproveme~*s situa!e on the above d~scribed premises. C--Prem~~ms on such mortgage guaranty ~nsurs~.ce as n,o~tgagee shail frem t me to time deem fit to carry on the loan secured hereby. Mor~gagee sha!! 'rom time to tlme n~~ify mort_;a3~r in writ;rg of the amo;,~ot d~c and payab!e hereund~~r and such sum shafl thereupon be due and pa•yabie on ;h~ ~,;e cia!e of th~ :ier.t monlhiy paym~:nt and e~ch succ^SSive month thereaiter untii mcrtgagee shali not;fy morigagor cf a change in such amount. Such sums sF.a:l be a;~plied by n:ortgag=e !oward tf~e payrr~,ent of real property taxes, insurance prem;ums, a~~d mertgage guarenty insurance premiums. IN YJI7NES5 VVHEREOF, the said MORTGAGOR h3s here~~to se' his hand and seal tne day and year fint aforesaid. igned, Se~ ard d'~red in the presence of: (Seel} - % ~x~~~'~ , iSeal) ~u - - (5eai) (Seal) STATE OF FLORIDA S t. Luc i e courarY oF I Sefore me personalfy appeared G. i~ . ~Q.~[1 `.~Qg.__ end Ruth 3ohn~on his wife, to me well known and known to me to bc the individuals described in and who executed the foregoing instrument, and acknawiedged before me that thiey exewted the same for the purpoaes !herein expres~ed. And the .3~d___ _ Ruth Johnson wife of the said ~~r w. .70~'1I1~C1ri , upon a separate and private exam;nation by me taken separate and aaart from her said husband, acknowledged to and before me that she executed said instrument freely and voiun- tari{y and withour any compulsion, constraint, apprehensir~a, or fear of or from her said husband. Gn.. WI7NES5 my hand and off+cial sea! th~s__1 day of_~ N078Y11~?8i A. D. 19b~- ~ " Notary P lic in and for ihe State of F!orid~ at Large - ~ ' - `fl . . , My Co ~ss+on expires: Retum To: Ffnt Feder~!. 5avibgf. &.'LoaYil:Association C O p~ ~ Of Fcrf .F~eK~:' ~I1.. '~'I`' 1 ~ n G~` ' ~ ary Pu"! , stat~ ot ~~or:d~ xt ?.:erge ~1Li~ 2 5~~~, igo~ fort ~di~ICe, Flonda y ~ .O " ,.,:~.,cu hn~Er,c:an 6yraty C4. ~af N. Y. , ~ ' . _ . ! t~ ; , j . ~ ` ti ~ O~ . . ~ ~5 5~;0 ~ ~ ~~t ; ~ . . . ~TYRh - ~ U~~~~ , . , c~~ FLpR1D+'~ ~ ~ r~ R . BQOK~~~ _ . . ~