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To placc and conti~uously keep on the build~ngs now or hereafter ~it~ate on sa~d land and on ali equipmQnt ~nd personally cov~~ed by thif mw~g- a9~, wi?h aU prem;u+MS ~hrreon pa~d in full, fi~e insu~ance in ~he usual star:da~d pol~cy form, ~n a sum approved by ~he MORTGAGEE, and winds?orm tnsur~~c~ tn ~he usual srandard pol~cy fam, in • sum approved by the MORTGAGEE,' in tuch compa~y or companies as the MORTGAGEE may direch and ~II (i~s and w~nd:torm insurance policies on any of said b~ild~ngs, sny i~terest therein or part thereo}, in the aggregate ium aloresaid or I~ txteu thereof, sMll conNin ~he usual s~andard matgagee clause w such othe~ clauie ~s tM Nlortgagee may requ~re, maAinp the los~ under said poli- cies, e~ch and every. payable to said MORTGAGEE si ia infereit may app~ar, and each and every such policy •hal! be promplly ass.gned a~d delivered to any held by said MORiGAGEE as furthe~ security to said mongage debt, and, no~ leu than ~e~ (10) days in advance of the expi~a?;on of each policy, to dr liv~r to taid MORTGAGEE a rcnewal thereof, together with a reteipt fw the pre~nium of suth renewal; and there sMll be no fire w windstorm in:urante p~~ced on any of said building~, any inte~est the+ein or pert thereof, unless in the form' ~nd wiih the loss payable as aio?essid; and in the event any sum of money bncomei paYable u~ such poliq o~ policies said MORTGAGEE shall have the option ro ~eceive and apply the ume on accovnt oY the indabted~ neu sea~~ed he~eby w 1o petmit sa~d MORTGAGORS to rcceive and use it w any part thereof foa onc~r purposes, ti~~ihout ~harebi waiving o~ ~mpair- iny sny equity, li~n or right unde~ w by virt~e of this mo:tyage; ~nd i~ the tvent said MORTGAGORS shall (or any ~eason iail to keep the said premiie~ so iryured, or fa(I 1o deliver promptly any of said policies of insurance to said MORiGAGEE, or fail p?omptiy lo pay fuity any premium theretor o~ in any respect fail to periorm, discMrge, execute, eifect, complete, comply with and ab~de by th~s covenaro, or any part hereof, said MORTGAGEE may place and p+Y fw svch iniurance w any part tbereof without wahing w sffectinp ~ny optiay lien, equny. or righ~ under w by virtue of this Mwtgsfle. and the full amount of each snd every such payment shall be immediately due and payabls and shall be+r interes~ from the date thereo( un~il paid at th~ rate ot nine per centum per annum and ~o~ether with s~tA interest shall be saured by the lien o/ thes mortgage. 1. To permit, commit p suffcr no waste, imp~irmeN a deterioration of said property o~ any part thcreof. S. To pay all ~nd unpulu the.costs, charges and expenses, incluc~:-g a reasonable attaney i fee and costs of abstracts of title, incur?ed or paid at any time by sa~d MORIGAGEE, bccause o~ in tl+e even? of !he failure on t?x part o1 the said MORTGAGOR to dvly, promptly and futly perForm, d~ulwrge, execute, etfecl, complNe, comply with and ab~de by each and every the stipvlations, agrecments, conditions, and cove~ants of taid p~omiswry note and thi~ mortgaye any w e~ther, and sa~d costs, charges and expentes, each and every, shall be immed~ately dve ar~d psyabte; wherher o~ not thers be notice de mand, ~ttempt to collect or suit pendl~g; and the (ull amouot of each and every s~ch payment shall bear i~+eres~ from the date thcreof until paid at the ~ate oi nine per centum per annum; and alt said costs, charges and eapenses incurred or paid, together w~th such interest, ihall be kcurrd by tAe lien of this mottpaQe. 0. That (s) in the event of a~y broach oi this Mortgage or default on the part of the MOATGAGOR, or (b) in the event any of satd sums of money herei~ referred to be not promptiy and fully paid within ~h~rty (30) days nex~ after the same sevcrally become due and payable, wi~hout demand w notice, or (c) in fhe eveqt each and every ~hc s~~pulations, sgreemcnts, conditions and covcnants of sa:d promissory ~ote and th~s mortgage any or ei~her are nol ~uly, promptly and fully perfwmed, d~uh~rged, executed, effected, completed, compl~ed with and ab~ded Sy, then in either w any such event :he said ag~ pregate wm mentioned in said promissory note then remainin9 unpaid, with interest actrued, ar~d all moneys secu~ed hereby, shall become dve snd pay- able fathwith, or thereafter, at the option o! sa7d MORTGAGEE, as (ully ard completely as if a11 of the said sums of money were wiginally st~pulated to be paid on such day, anything in sa:d prom~ssory note or in this Mortgage to the connary notwithstanding; and thereupon o~ thereafter at the option of said MORTGAGEE, w~thout notice or demand, suit at law or in equ~ty, theretore or thereaffer begun, may be prosecuted as ~f ali moneys secured hereby had maWred pnw to its irotitution. 7. TMt in the event that at the beginning of or at any time pending aoy suit upon this Mortgage, w to foreclose it, or to refwm if, or to enfores paymeot of any claims hereurtder, said MORTGAGEE shall apply io the Cou.t having ~un~d~d~on thereol (or the appo~mment of s Reteiver, such Court shall iortliwith appoint a receiver of said mortgaged prope?ty all and singutar, includ~ng all and s~r~gular the income, p.ofifs, issues and revenues from whatever saurce derived, each and evcry of whrcF+, if being expressly understood, is hereby mo~rgaged as if specifitally set fath and desuibed in the g~aoting and habendum dsuses hereof, and such Receive? shall have all fhe b~oad and effeaive funct~on: and powers in anyw~:e entr~sted by a Court to a Receiver, and auch appointment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and wiehovt referente 1o the sdeqvacy a inadequacy of the valve of the property mortgsged or Io the sotrency w insolvency o! said MORtGAGOR w the defendants, and thal suth rents, profits, income, issurs and revenues sha~l be applied by such Receiver accord~ng ~o the lien or equity of said MORTGAGEE and the practice of such Court. 8. To duly, promptly and fvlly perfo~m, discharge, exccute, effect, complere, comply w~fh and abide by each and every the stipulntions, agreementt, condiYans and covenann ~n sa~d promissory note and th~s moatgage set fwth. 9. That in the event the ownership of the mortgaged premises, w any part thcrcof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its successors snd ass~gns, may, wirhout norice to the MORTGAOR, deal with such successw w successor in interest with reference to this mortgsye and the debt hereby set~red in the same manner as with Mortgaga without in any way vitiating pr diuharging the Mortgagors' liability here. under p ypon the debt hereby secured. No sale of the premisea hereby mortgaged anei no fwbearance on the part af th~ INORTGAGEf or its successws or assigns and no extension of the t~me for the payment of the aebt hereby secured given by ~he MORTGAGEE w its svccessas or au~gns, ,hall operate ro release, d~schargs, modify chsnge w af(ect the orig~nat I~abil~ty of the MORiGAGOR herein, either in whole a in pan. 10_ It is specifically agreed tha~ tirrM is of ~he ess~nce of this controd and that no waiver of any obltgat~on hereunder w of the obligation st o.red hereby ihsll at any time thcreafter be held to be a waiver of the terms hereof or of the instrumenl secu?ed hcrby. 11. In add~tion to the faego:ng monthly payments of princ"ppl and interest requ~red by the prom~ssory nore secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an addirional sum est~mated by matgagee to be equal to 1/12 of the ann~al cost of the fol(ow- in9: A-All real property taxes levied w assessed against thc above described real estate. B-Premiums on (ire and windstorm insurarce as herein requ;red to be carried on the improveme~ts situate on the above described premises_ C-Premiums on such mortgage guaranty insurar~ce as mortgagee shall from t~me to time deem fit to csrry on the loan secured hereby. Mortgagee shall from time to t~me notify mortgagcr ~n writ~ng of the amount due and payable herevnder and such sum shall thereupon be due and payaWe on the due date of the next monthfy payment and each successive month thereafter ur.~il mortgagee shall notify mo.•tgagor of a change in such amovnt. Such sums shaH be applied by mortgagee toward tFx payment of real property taaes, i~wrance p?em:ums, a~xi mortgage guaranty insurance premiums. IN WITNES$ WHEREOF, the said MORTGAGOR has hereunto xt his hand and seal the day a r ii~st afuesaid,' n Si~ ~led an livered in the presence of: r/I C,~~ _ i.n e s s ATIONA~ BANK a r 1 em c't , R~~e r es~sn . , 1.~ 9 g QURGi. N. J. ~Q"r-~~-~-~ r t5eaq (~+0 srnTe oF~~otu~ac N e w Je r Q e~• ~ . :a:ren ~ COUNtt Of ~ Before me perwrwlly appeared p m r R p 1: P T. ~nd _ ~9 PT' l P t J ~~F r his wife, to me well known and Rnown to me to be the indrv~duals dpuibed in ~nd who executed the fwegoi~g instrument, and ackna+viedged Fxfwe me that they exec~ted the same for tF?e purposes tFxrein expresud. Md the sai~- u 8~'?'' ~ P± ~T R q~r P T' , wife ot tFis ss~d _ H p r 1 Pm r~ R P Y P^ upon a scpuafe ~nd p~iwt~ sc examinaYwn by me tske~ separote a~d apart from hei said hvsband, ac4nowtedged fo and befwe me that sF?e executed said instrumem freely and voiun~ ~a~~~Y +~d w~thw~t +~y compulsion, constraint, appreheniion, or sr of or from her said husband. WITNE55 my hand and official seal th~ ds of ~''~!8T'Cti' ~ Y ' ; A, D.r19 ~ ' ~ ~ r - ~ Nota Public in and t Stafe~ Retvm To: MY Commissan eapires: ~~~~J~ V.-. . ~ : ~ Frst Federal Ssvings b loan Assptiation 7 0... C~ , Of Fort Pierce_ F ~ r~'` ~ E C p O` Al ~r~+RY p~el1 r~ • A Fort Pierce. Norida ~ 1^ i 1~ ~ R/ 8~ , ~ 1 R V_ 0 K y ~0"'mis s r o n NEW i E~ p~r~ M : ~ir ~ . . . ~ =s ~,~,a . -~:6 r~~~ 28 ' ; • pp . - ' Pl•f . ~:~~--1 " - • . ' " { ri~=3~ `rJ . . , ' . 1 ~U~/til7 - ' , . . F~GGr_ ~ . : ~ CLc"RK ~ . : ~ : • _ S'T. LUi;:c ~;GU~JTY, . FLOiiIDQ ~ 0 R . s~aK141 448 i = ~ ~ _ : ~r~~~.~~