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To plx~ ~nd con~inuously keep on the build~ngs now o~ haaafte? ~;tvate on said I~nd and on sll equipment a~d pcrsonally cove~ed by thi~ mortp- ~y~, w~~h ~II premivrtR Ihercon pa~d in full, f~re insurance in ~he usual sra~da.d po1Ky fam, ~n a sum approvad by the MORiGAGEE, a~d w~ndsram intu~~~te in tM u~u~l ~unda~d pol;cy fum, in s sum approved by the MORTGAGfE, in tuch tompany or compan~e~ as ~i» MORTGAGEE m~y d~rttl; and all fir~ and w~ndsrorm i~~urante poliues on any of said build~ngs, any interest Ihcrein w part thueol, in th~ ~ggrcg~r~ svm afaesaid or in ~~teu 11?ereof, sMll contiin ths usual s?andard mo~tgagee cl~ute a such othe~ clause ~s 1hs Mortg~gee may reQu~rs, makin~ tM toas ur+der sa~d pol~ ci~s, each and svery, payabt~ to said MOR~GAGEE a~ ir~ in~creat msy appear, and each and eve~y such policy ihatl be prompt!y a?s.yned ~nd delivered ~o any heW by sa~d MORTGAGEE further iecurity to said mort9age debt, and, nof leu than ten (101 daYS in advarx: of t`.~ expiration of each.policy, ~o dr liva to iaid MORTGAGEE a re~ewal thereof, toge~her with • rKe~p1 fo~ ihe p~emium ot :uch renewal; and the~e s}all br no f~re a w~ndsto~m in~v~ance plactd on sny of uid b~ildirgi, ~ny inlerett lherei~ w p~rt thsreoi, unless in th~ fwrn' and wi~h the losa payabte aa afwesaid; and in ehe event any tum of money becomes payable ~nder such policy or polKies isid MORTGAGEE aAall Mw ~M option to rece~ve and appty the same o~ account o~ the indebred- neu s~cur~d hereby or ro permit sa:d MORTGAGORS to receive and ~se it p any par~ thereoF for mhe. purposes, w~~ho~t ~h~(ED/ wai.i~y o~ ~mpain inp any p~ify, lien w right under w by v'utw oi this mo:!9age; ~nd ir? tha event said MORTGAGORS ihall fa sny re~son fail to keep ~he sa~d pr~mises so insurcd, or fail ro deliver p.omptly a~y of w~d polKiea of insvnnce ro said MOk1GAGEE, or fai! p,omprly ?o pay fully ~ny prc~n~um the.efp w in any refpect iail b per(orm, discharge, execute, eftect, complete, comply with snd ab+de by this covena~t, o~ any part herc~f, said MGRTGAGEE may piace and paY fw tuch insurancs w any part thereof without waMing w affect~g ~ny option. lien. equ~ty. a Nghf under a by virtue of this Mwryage. and eht tull amovnt of tash and ewry such payment shall bs immediately dw and p~yable ~nd shall bear interes~ from 1M dat~ thnreof uMil paid a~ tM rat~ ol nine ps~ centum per annum and together with sucA interest shal{ be secured by 2he lien of this mort9age. 1. To pcrmit, oommit or suffer no wsste, impairment or deterioration of said propetty or ~ny p~rf thereof. S. To p~y all ar+d singular tM.coiri, charga ind expenus, ~~ctuding a~easonable at~wneyi fee and cosrs of abstred: of f'erle, incwred or paid st sny ti.ne by said MORiGAGEE, becavse or in the evcnt of the fsilure oa the part of tht iaid MORTGAGOR to duly, promptly a~d fulty pe~fam, d~scharge. execute, ef(ed, complete, comply w~th ar,d ab~de by each ~nd every tl+e stipulat~ons, agreenxnts, conditiona, snd co•.~+ar~ts of said promi:sory note and thii mortgsye ~ny w ei~ner. and sa~d cosrs, charget and experre~. ~ach and every, sFHll be immediately due and p~y~bte: whethcr a not there be not~ce d~ ms~d, ~ttcmpt to rnl{ec1 a suit pend~ng; ~nd the f~ll amovnt of rsch and e•ary svch psymcnt shall bea~ interes~ from the date the~eof until p~id at the rate of niru per centum pet amium; and all said costi, cF+~~ges and expenses incurred or paid, togethar w~rh :uch interest, thall be secu?ed by the lien of tha mortpape. Q That (a) in the event of any breach of this Mwtgage or default on the pa~t oi the MORTGAGOR, w(b) i~ the event any of sa~d suma of money herein refcrred to be not promptiy and fully paid within thirty (30} days nex~ afte~ fhe same severalfy become due snd payabu, withove demand or noiice, or (~J in tha eveM exh and every ~he stipula?ions, agreemeros, conditio++s and cove~?ants of sa~d promiswry note and th~s mortgage any a ei~her are not ~uly, promptly ~nd futly perfamed, d~scharged, executed, effected, completed, complied with and ab~ded Sy, then in e~ther a any such event the said ag- preq~te wm mtntioned in said promissay ~ote then remaining unpaed, with imerest ~taucd, ar+d all mo~eys secured F+creby, shell betome due a~d pay- •ble fathwitA, a there+ft~r, at tF+e opt~on of sa~d MORTGAGEE, as fully and comple~ely ss if all of tF+e said sums of money were originally tt~pulatcd to be pa~d on suth dsy, anything in sa~d promiuory note or in fhis AAafgage to the contra.y norwithstanding; and thereupon p thereafter at Ihe optien of :aid MORTGAGEE, without notice or demand, suif at law a in equ;ty, therefwe or thereaftcr begun, may be prpsecuted u if all moneys secured hcreby had matu~ed pnor to its inst~tution. 7. TMt in the evmt that at the beginn;r?g of or at any tirr+e pend;ng soy su~t upon this Mortgsge, w to fweclose it, w to reform it, or to enforce payment of any tlaims hcreunder, said MORTGAGEE shall apply Io the Court having jur~id:c~~on ~hereof for the appo~n~~..ent oi a Rcteive~, such Covn shall fortFiwith appoint s reteiver of said mortgaged property a11 and singular, intlud~ng aIl and s~~gular the irxome, pro(ds, issues and revenues from whatever wurce dmived, ~ach and every of wh~ch, it be~~g expressly u+~de~srood, is h_~eby mo.tgaged u~f spec:ficslly set fath ~nd described in the gran~ing and habendvm clauses hereof, and such Receiver shall have all the broad and effective funct~ons and powers in anywise e~trusted by a Cou.t to a Rcteiver, and such appointment shall be made by such Court as an admitted oquity and a rt+atter of abso(ute rght to said MORTGAGEE, a~d without refe~ence lo fhe edequacy or insdequacy oi the value of the property mwtgaged a to the soivency or ~nsolvency of said MORTGAGOR or the de(endants, and that such rents, profits, income, issues and revmues shall be applied by such Receivcr accord~ny to the lien or equiry of said MORTGAGEE and the prattite of suth Covrf. 8. To duly, promptly snd fully periorm, discharge, execute, effeci, complete, comply with and abide by each ~nd every tFM stipulations, sgreanents, conditana srd covenams in said promissory note sod ~his mortgage set forth. 9. That in the event the ownership of the mortgaged premises, w sny part thereof, becomet vested in • person othe~ than the MORiGAGOR. the MORTGAGEE, ib successors and assigns, msy, wirhout nor;ce to the MORTGAOR, deal with such successa w wccessor in interest with refcra~ce ~o this rnortgsge and the debt hereby secured in the same manne~ as with Mortgsgor w~thout in any way vitiating w distharging the Mortgaqori liab~lity herr under w upan the debt hcreby secu~ed. No s~le of the prem~ses he~cby mortgaged end no (orbearance on the pan of the MORiGAGEE a Fts successors or assigns and ra extension of the t~me frr the paymen~ of the deb+ hereby securcd given by the MORTGAGEE or its svccessws or au~gns, ,hall operate to releue, dixharge, modify change or affect the wig~nal IiablGty of ~he MORTGAGOR Ixrein, eifher in whote or in psrt. 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any obtig~rron hereurKler or of the obligation se. c~red hereby sh~ll at any time thereafter be held to be a wsiver of the terms hcreof w o! the instrvment secured herby. 11. In addit'an to the forego:ng monthly payments of princ'p;l and interest requ~red by the promissory rate ucu~ed Aereby, morlgsgo: covenants and agrees to pay to mortgagee with esch montbly payment an add~~ional sum est~mated by mwtgsgee ro be equal to 1/T2 of the annual cost of the follow- ing: A-All resl p~operty taxes kvied or assessed against the above desc?ibed real estate. B-Premiums on (ire and windstorm insurance as herein requ;red to be carried on the improvements situate on the above dex?ibed premius. C-Premiums on such mortgaqe guaranty insurar,ce as mortgagee shall from t~me fo time deem fit to carry on the toa~ secured hereby. Morfgagee shall irom time to tirrK ~tify mortgagor in writ;n of tbe amount due and psyable hereunder and such s~m sha:l thereuppn be due and payable on the due date of the next monthly payment and e utqq~v th tFkreaftcr ur.til mortgagee sha11 not;fy mortgagor of a change in such amount. Such sums shall be applied by mongagee toward ~ d~t~oY'real roperty taxes, insura~ce prem:ums, and mortgage guaranty insurance premiums. IN WITNESS YYHEREOF, the said MORTGAGOR h F~eun'~sy~ S~~ ~seal the day a yesr first aforesaid. _ ikd anc~~liv~ed in pr of: ~ ~ G!t G' 1 C• , ~E/~L ` res ' t • ` ~Prr ~ I rea~.a~er ~=~-nR~ v~ STATE OF FLORIDA ~ COUNTY OF ST. LUCIE I HEREBY CERTIFY, That on this ~S" - day of Apri 1 , A.D. 19~_, before me personally appeared John P. Hoke and Fred F, Adams respectively President and Seuetary ~re8surer , of H& A RF:NTq~~ IN~ Florida ~ ~ ° Corporatio:~;' fo me known to be the persons desuibed in and who executed the foregoing instrument, and severall acknowl 1T j,~r' Y edg~•tfie'exe~,~ , cution thereof to be their free ad and deed as such officers for the uses and purposes therein mentioned; aAd~Hat~ t~iey , • affixed thereto the officiat seal of said corporation, ar~d the said instrurr?ent is the ad and deed of ':said ~~rp~r~io~i • WITNESS my hand and official seal at Fort Pierce s St.Lucie,Florid y, v: v` ,~id county a state. ` O t! ~ 7 - F~~EQ ~ND RECORDcC ` ^ . - . 0 K c Notary Public, in and for State and Couny aforesaid,` ' J b My Commission Expire~otary Public, State at Florida at larqe --~~=-~'Pa~~1~' My Commission Ezp+res Nar. 3. 1964 'fi~ APR 7 p~ 3' ~ ~ r- . ~.~.a ~~..f., F{o 6~~_, 1443-i~ _ , a ;-,l - ; ~ . K ~:T. LUC''t i;'~~U~:~i'Y. C7 FLORIU:~ BooK 142 526 ~ . . - ~ : ~~u ° ~ x~~-~~,~ ~ ~a.s~~`-„ . . . _ , ~ . ~,r~~_