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To piac~ ~nd continuously keep on the bu7!dings now w he~eatter ~7tu~t~ on satd land and on alt equipment ~nd penonally cov~red by this mort¢ y~, with all premivrtls thereon pa~d in futl, fire insurance ~n the usual srandard policy form, !n a sum app~oved by ~he MORTGAGEE, and windstam insuranc~ in the usual aranda.d pot:cy (am, in s sum app.oved by rM MORTGAGEE, in tuch company o~ canpanies ~i tM MORTGAGEE rnay directt and ~II tin +nd w~ndstorm insurancs poliuei on any oi w~d buitd:nys, ~ny int~reel ~herein w part thereof, i~ th~ afl9reg+1~ sum ~foresaid o~ In ~xcess thereof, shall contain the us~al s~a~xlard matgag~a clause w such other c~ause ai tM Matgage~ may requ~r~, makinp tM loss under w~d pol~ cie~, e+~ch and every, payable ro sa~d MORTGAGEE as in ir.~ereit may appear, and e+ch ~nd ~very tvch policy shall b~ promptly ~u gned and detivered ~o ~ny held by s~td MORTGAGEE +s furthe~ security to sa~d mwtg~ge debt, and, not ku than ten (10) day~ in advance of ~hs expi~~tion of each policy, to dr ~ I~ver ro u~d MORTGAGEE • renewal ~he~eof, ro9eiFwr with a rece~pt fw the p~emium of such r~newal; and there ihall !v oo f~re or winda~orm insurance plac~d on any of ta~d buildings, any intere~t there~n or part ~i+ereof, vnlcu in th~ fonn'~nd wi~h the lou payable si afweiaid; and in the e~•ero any sum _ of maxy becanes payable ~e~de~ such policy a policies iald MORTGAGEE shall Mve ~M option ro receive and apply the same on ~ccount o1 ths indsbted~ neu iecvred htreby o~ fo permit said MORTGAGORS to receive and use it w any parl thereof for othc~ purposes, wi~hour tha.eb/ waiving a~mpai~- iny sny p~ity. IiM o~ rght under w by v'utw of this mortgage; and in tM ~vcnt uid MORTGAGORS shall fo~ any reason fsil ro keep the s~td premiu~ so ~ insured, o~ fail b de~~ver promptly ~ny of said polities of insun~ta to s~id MORiGAGEE, or fail promptly fo pay fully any premium therefw or in any respect fail b perfocm, discharge, e:ecute, effec?, complete, comply wi~h and ~bide by this cove~ant, a any part hereoi, said MORTGAGEE may pl~ce and paY fa suth iniurants w+ny part thereof without waNinp w affectirg any option, lien. eq~ity, or rigAt u~da w by virtw of ~his Mort9ape. and Ihe full ~movnl of e~ch s~d ~very ~uch payment shall be immedi~tely dw and pyabk ud shall besr intereit from tM date thereof umil paid s~ tF.e rat~ ol nint pa cent~m pa aenum and to~Nhe~ with such interest shall be secured ty the li~n of this mortgs~e. 1. To p~rmit, commit or suffe? no waste. imwirment a dete~ioration of said property w ~ny part thereof. 5. To pay all snd singulu the.costs, char~es a~d eapenses, ~nclue+:~ a ro+son~bk atrw~ey i fee a~d costs of abstracts of title, incurred o~ paid at sny time by said MORTGAGEE, becaus! w in the evtnt of IAe failure on the part o' the siid MORTGAGOR to duly, promptly and fully perfwm, d~stha~ge. eaecute, affect, complete, comply wifh and ab~de by each and every the stipul~~ions, +9reements, conditions, and covenants of said promissory note and thii mwtya~e ~ny w either, and aa~d cosn, charga and expeose~, each and every, ihall be immediately due and payablc; whether w rw! the~e be ~otice ds mand, attempt to coI1M or suit pending; snd the full amov~t of each and every wch p+Ymem sha~~ be+' i^tercs~ irom the date thereof until paid at the rate of nine per centum pe~ annum; and all said co~ts, charges and expenses inturred or paid, togetlw~ w~th such interest, shall be astured by 1M lien of thi~ mortysge. 0. Th~t in the event of any breach of this Mwtga9e w deFsult on the pan of the MORTGAGOR, or (b) in the event any of sa~d sums of rtw~ey herein rofe?red to be not promptly and fully p~id within thlrty (30) days next afte~ the same severally become due and payabk, withovt demand or notice, or in the event esch and svery the stipulations, sgreemeMi, cwd~tiau and tovenann of sa~d promiuory note and th~s mortgaye any a eithcr are no1 iufy, promptly and fully perfwmed, d:xharged, executed, effected, completed, complied w~th and ab~ded 5y, tFxn in either or any such event the said eg gregsq wm mentioned in said p?omiuory note lhen remaining ~npaid, with interest xcrued, a~d all moncys xcu~ed hcrcby, shall become dw and pay- eble fathwith, a there~Fte~, at the option of said MORTGAGEE, as (ully and comple~ely as if all of ~he said swns of mo~ey were agi~ally sUpulated to be paid on such day, anything in said promissory note or in this Martg~ge to the contrary rwtwithstanding; and thcteupon a thereafter at the option of ~aid MORTGAGEE, without not~ce or demand, s~it at law or in puity, therefwe a thereaftcr beg~n, may be prosccuted u if all moe~eys secu?ed hNeby had maWred prior fc its institution. 7. Th~t in the event that ~t the beginning of w st sny timc pending aoy suit upw+ this Mo?tgage, or to faeclose it, a to reform it, w to enforce payment oi ~ny claims hereunder, sa~d MORTGAGEE shall apply to the Court havirg ju.~sd~aan thereof for the appo~ntment of a Receiver, such Court shall fortFiwith appoint a receivcr of said mortgaged p?o{xrty all and singular, includ~n9 atl and singular the income, p~ofits, issues and revenues from whatever ~ source dtrived, each and every of which, it being eapressly understood, is hereby mortgaged u if specificafly set fwth and dewibed in the graNiny and habendvm tlauses hereof, and such Receiver shall have all the broad and effett~ve furxt~ons and powcrs in anywise entrusted by a Cou~t to a Receiver, and :uch appointmem shall_pe msdl~by such Court as an admitted equ~ty and a ma~ter of absolute r7ght to said MORTGACaEE, end wi~hout reference to the adequaty a w~ideq~aty of tFy value ef ihe property mortgaged w to the so~vency or insolveixy of said MORiGAGOR a the defendants, and that such rems, profits, incoe~e~ iuues and revenues sAall bs,a~pplied by such Receiver accwd~ng to the lien w equity of wid MORTGAGEE and the practite of sucA CauR. 8. To duly, promptly and fully perform, d'ncharge, exccute, eifect, mmplete, comply w~~h and abide by each and every the stipalations, agrcerrKnn, conditions and covenaNS in wid promissory note and this mortgage set fwth. ~ 9. That in the event the ownership of the mortgaged premises, o~ any part thereof, becomes vested in a person other than the MORTGAGOR, the ' MORTGAGEE, ib succeuws and assgns, may, wi~hout notice to the MORTGAOR, deal w~th such successw o~ succe:so~ in interest with reference to this mortgage and the debt hereby setured in the same manner as with Nbrtgaga w~thout in any way vitiating a dixharg~rg the Matgagori liability herr under or upon the debt hereby secured. No sale oF the premises hereby mortgagcd and no lorbearance on the part o( the MORTGAGEf a its iuccessas or auigns ~nd no extension of the time for the payment of the acbt hereby secured given by the MORTGAGEE o~ its successors or ass~gns, ahall operats ~ ~o releue, dixhar~e, modify chsnge or affect the original Iiab~I~ty of the AhORTGAGOR FKre~n, either in whole o? in psrt. 10. h is specificatly agreed that tirm is of the esxnce of this contract and that no waiver of any oksl~gation hereunder a of the obligation se- a,red hereby shall at any time thereafter be held to be a waiver of the terms hereol or of the instrvment secured herby. - I1. In add~tion to the forego:ng monthly payments of princ"p;l and interest requ~red by the promisswy note secured hereby, mortgagor covenants and agrees to pay to rtwrtgagee with each monthly payment an add~~~onat sum est:mated by mwtgagee to be equal to 1% 12 of the annual cost of the follow- ing: t A-All real property taxes levied a assessed agai~st the above described real estate. B-Premiums on fire and windstorm insurance as here~n requ:red Io be carried o~ the improvements sitvate on the abore destribed premises. ' C-Premiums on such mortgage 9uaranty insurar,ce as mortgagee shall from t~me to time deem fit to carry on the ban secured hereby. i Mortgsgee shall from time to time notify mwtgagor in w~iting of the amount due and payable hereunder and such sum shall the~eupon be due and ~ayable on the due date of ihe rtext monthly payment ar.d each successive month thereafter ur.Nt mortgagee shall not~fy mortgagor of a charge in such ~ amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insu~ance prem:ums, and mwtgage guaranty insurance ~ p~emiums. ~ IN WITNESS WHEREOF, the said MORTGAGOR hss hereunto set his hand and seal tlx da and first atwesaid ~ Sigeed, a ed in the presence of: 4 ~ ~ +n ~ (Seaq ~ r(Sn'~ i STATE OF FLORIDA ~ t ~ St. Lucie ~ s Befae me penonsll appeared Thoma s C. Os te en } ~9abelle Osteen his wife, to me well known and known to me to bs ~ the individvals described in and who executed the foregang instrument, and acknowtedged before me that they executed the same for the purpous i ,,,~,~;n exaessed. And ~he u;a I s a b e 11 e 0 s t e e n ~ wife ot tM said Thoma s Ci . Os te en vpon s separate and privat~ ~ exsmination by me taken separate •nd apart from her said husband, eckrawledged ro and befwe me that she executed said instrument freely and voluir tarily and without any compvlian, constraim, apprehension~ feu of w from her said husband. ~ WITNESS my hsnd and official seal thi~_~ ,9 dsy of arch q. p, 19 66 ~ otary Public ' and i the State of Fbrida ~t lu~e ~ My Commisi expires: Return 10: ~ fint Federsl S~virg~ a lwn Associat;on IVOtary PubBC, 3tate of Piorlda st Lar~e ~ - ~ ,~t~t,Qj: Fort P~erce. CQ~DE oY~~mmiss~on Expi?es Aug. 6, 1967 ~ ~~~k,~~a~aa F1l.E~ AND PE p pK ;~c ~vn~~s~u.~y ca. a a, Y~ ~ - . , _ ~ , ~ - ~ , , ~ ~ ' ~ ~ ~ • O~ ' _ • . . v•.- k ~ . . 2~ pt1 l0 _ . _ _ ~ ~ r : , ~ . ~ ~~,R - . - . ' u~ - ~ _ ' .j ~ :'c: y 1 ( ~)RK _ ~ • - : r - V i-. ~ C ~ t,~U~, ~Y - _ ~ = ~ h~''``` ~yC1E ~ ~ . ~ . •r" ST. R1DA ~ ~ LO ~ _ ~ ~ F , i' . Bo K141 8z ~ - ~ . . ~N , _ ~ ~ : ~~~~-~~~-z _ ~ r ~ ` ~ ,~,~~'r ~ ~ ~ ~