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To plan ~~+d tonfin~oui~y ke~p on th~ buildings now w h~re~ftt~ situat~ on said I~nd and on ~II equipm~M ~nd ptnon+lly tovered by th{s mat¢ ~g~, wilh ~1) prtmiu~m thNto~ paid in fvll, fir~ i~suranc~ in tFw uwal standard policy form, in ~ sum approwd by the MORiGAGEE, u~d windstorm in~uranp in tM ~nwl ttandard poliq fan~, tn ~ sum +pproved by ~he MORTGAGEE, in such comp+ny o~ canP+^i~s +s ?Ik 1MORTGAGEE mey dlrectj ~nd ~II ttn u?d windstorm i~w~~nce policiei on +ny of iaid buitd~nps. ~ny interat therei~ or put ther~of, in the +~rc9at~ wen afwesaid a In ~xcea thenof, sAall contaim tM vt~al standard mortgages cl~use w such otl+N clsus~ a tM AAatysgee may requi~~, en~kinq tM lou v++dN sa~d po~l- cie~, ~ach u~d ~wry, p+yabl~ ro said MORTGAGEE ai its interest m~y ~ppear, and each snd every i~ch policy shstl be pranptly +u:9ned and d~~'vered to . ~n> held by taid MQRTGAGEE ~s furthK setvrity to ~aid mortga9e debt, a~d, ~W I~ss thu? t~n (10) daYS in adva~c~ of the eapi~~tion of each polity, to d~- I~~er to wid MORTGAGEE a rsnew~l tMnof, fopetMr with a rece~pt for ~he p~emium of tucF~ renewsl; and ther~ shall bt no f'u~ w windstwm insur~nce ~ pl~csd an ~ny of ssid buiWirgs. any intereit therein ot p~rt thereof, unleu i~ the form ~nd with 1he lou payable ss siaesaids snd in the event any wm ! of r»onsy b~conws payabl~ ue~de~ such pollcy w pol~ues wid MORTGAGEE sMll havs tM opt~w? a ~eceive and spply tM s+me on +ccou~t of ths iRdebted- neu s~cw~d her~by o? ~o pe?mif said MORTGAGORS to receive and use H w ~ny part thereof fo~ othe~ purposes, wi~houl thereb~ waiving w unp+7r- ~ ir,y an~ pvity, lia? or ripht w~der or by virtw of thit mortgaye; and in the ~vent said MORTGAGORS shall fw any reason fail ro keep the ssid prtmius w insured, a fail b d~liwr promptly any of said policies of iniurancs ro said MORTGAGEE, w fail promptly to pay fully ~ny premivm therefw w in any ~ roipect f~l) b p~r(wm, dixhuye, ~xacute, ~ffact, complete, canply with and abide by this covsnant, or any p+rt her~of, ~sid MORTGAGEE may place ~nd pay fw wch Muuranc~ o~ u~y put tMrcof without w+ivinp w aff~ctirp any option, lien, puity. w right ~~dK w by virtw of thii Mort~ape, and the full amow~~ of sach ~nd eve.y wch paym~nt shall be ITftlldlN~Qly {~W a11d PiYibl~ u~d shall bear in~~res~ from tM dat~ ~herw( ~,n~il paid a~ ~M r~r~ ot } ncne pe~ oentum pK ~nrwm and together with such interest shall be secv~ed by the lien of thls mort9ape. ~ 1. To ptrmit, eanrnil or wffa no wast~, irnps'ument w deteraration of said p?operry o~ any put thereof. S. To p+y all ~nd sirgvlar the costs, cMrges and expenus, includirg a reawnibl~ attwney's fee and coib of ab~tr~cts of title, i~curced o? p+~d at d any time by uid MORTGAGEE, b~ca~se w in the event of ~he failu~e on the p+rt of tM said MORTGAGOR 1o duly, prompHy ~nd fully periwm, distF~a~, ~ exec~te, ~ff~d, oompkte, comply with and ~b~de by each and every the stipulations, sgreemenrs, condit~ons, and cowr+ants of said promiuory note ~nd thii r+tatyp~ any or eithsr. ~nd said cosb. ch~r~es and exper?ses, each end every. shall be immedia~ely due and payable: wlxtl+e~ or not th~r~ b~ notice d~ mand, ~nempt to collect a wit pending; aed tFw full amount of each ~nd every svch payment shall bear interest from the d~~e the~eof un~it p~id at th~ ~ rate of nin~ pe~ centum per annum; and aU said costs, charges and expenses incurred w paid, togetha with tuch inter~st, ahall b~ secured by tht li~n of tha i mortQ+~- 1 6. That (a) in tM event of any breach of this 1Nortgsg~ or default on tM part of the MORTGAGOR, a(b) in the event ~ny of s~~d sums of moe~ey j herein referr~d to be not promptly snd fully psid wuhin thirty (30) days next after the same severally become due and payable, without dem+nd or notice, or (c) tn the ~wnt esch ~nd every the stipulatans, agreements, conditiau and covensnn of ss:d promissory note and th~s mortpaye ~nY or eitl+er are nw ~ iuly, promptly and fully pe?formed, d~schsrged, executed, effected, completed, complied with and abided by, thtn in eitht~ a a~y s~ch event the s+id a~ ~ preqate wm menYaned in said promissory note then remaining unpaid. with interest accrued, and all moneys secured hereby. shall becon+e due and p~y- able forthwith, p IIKfliRN, af the option of said MORTGAGEE, ~s f~lly and completelY as if all of the said surns of money were wginally stipulated • to be paid on tuch day, anything in said promissory note a in this Mortgage to the contnry notwi+hsundiny; and thereupon o? fheresfter ~t tbe option of ~e~d MORTGACaEE, without notice or demand, svit at law o? in eqvity, therefwe or there~her begun, may b~ prosecuted u if ~II ma~eys sewred hereby F.ad maturad piwr to ib institWion. 7. TFwt in the event that ~t the beginning of or st any time pending any suit upon this Mortgage, or to forecloee it, a to refwm it, or to enfaa peyment of aoy daims herevnder, s+id MORTGAGEE shall apply to the Covrt having jurisdiction thereo( fw Ihs appointment of a Receive~, such CouA shall forrhwith appoint a receiver of ui~ mortgaged property all and singular, inclvd~ng all and singular the income, prolits, issu~s and revenues from whatever source derived. each and every o# which, it being expreuly understood, is I+ereby mo~tgaged as if spec~tically xt iath and dewibed in the 9ranting and habendum clawes hereof, ~nd wch Receiver shall have ~II the boid and effective funct~ons and powers in anywise entrustcd by a Court t9 a Receiver, +nd •uch appointment shall be made by svch Court as en ~dmitted equity and a matte? of ~bsolute right to said MORTGAGEE, and without reference to tM edequaq w in~dequ+ty of the value of the property mortgaged w to the wlve~+cy or insolvency of said MORTGAGOR a the defendants, a~ that such renrs, profits, incane, iuues and revenues shall be applied by such Reteiver atcwd;ng to the lien or equity of said MORTGAGEE end the p?actiu of suth Court. 8. To d~ly, promptly ~~d fully perform, d'~scha?ge, execute, effect, complete, comply with snd abide by each ~nd every ths stipulations, apreementi, ~ conditans ~nd ooven~nts in said prombswy note and this mortgsge set forlh. 9. That in ths avent the ow~+ership of the mortgaged prem~ses, a any psn thercof, bec«nes vest~d in a perwn other than the MORTGAGOR, tln MORTGAGEE, its successors and auigrn, may, without notice to the MORTGAOR, deal with such sucussw o? wcusaw in interest with refcrence to tha mortgaye and the debt Aereby secured in the same manner as with Mo~tgagw without in any way vitiatinp d d~scFurying the Mort9agors' liability hert under or upon the debt FKreby secured. No sale of the premius hereby mortgaged and no fabe+ra~+ce on the p+rt of the MORTGAGEE w i» successors • or ais~g~s and no eztension of the time fw the payment of the debt hereby secured ~iven by the MORTGAGEE w its ~vccessors or auigrn, .ha~l operat~ ~ to release, dixMr9e, modifr change a affect the original liab~lity of the MORTGAGOR herein, either in whole a i~ ps~t. ~ 10. It is specifically agreed that time is of the essence of this contrsct and that no waiver of any obligation hereundcr w of tM oblip~tion st ~ cured herebr ~II at any time shereafter be held ro be a waiver of the terms hereof w of tl+e im~rumeM secured herby. { 11. In addition to the fwego:ng monthly payments of princ pal and interest required by tFvr p~omisfory note setured hereby, mortgagor cownanfs and agrees to p~y to mortgagee with each mo~thiy payment an add~~io~sl sum est~m~ted by mwtgagee to bb equal to 1/12 of the annusl cost of the follow- ing: A-All real property taxes kvied or assessrd against the above deuribed resl estate. B-Premiums on fire and windstwm insurante as herein requ~red to be csrried on the improvementa situate on the ~bove destribed premises. ~~i C-Prcmiums on such mwtgage gvaranty insurance as mortgagee shall from Gme to time deem fit to urry on the loan secured hereby. i Mortgagee shall (rom time to ti~ne notify mortgagor in writing of the amount due and payable hereunder and such sum :hall thereupon be d~e and payable on the due date of the next monthly payment and each successive month thereafter urtil mortgagee shall notify mortgagw of s change in such a~nount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem:vms, and mwtgage guaranty insursnce ~ premiumf. , € I ITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and scal the day snd year first a~foresaid. ; s ed, Se and deliver in be presence of: _ 1 i . ~ , ~ ~ .n ~ n `~`~n l STATE OF FLORIDA 1 . ~o~yTM ~ St. Lucie ~ Befwe ms perwoally appea?ed N. J. C oop e r and _ Cl 1. 8 C3v 3 I. C o op e r his wife, to me well k~own and known to me to be the individwb described in and who executed the foregang instruments and acknowledged before me that they executed the same for the p~rrpo~es therein expresied. Ar?d ths sa`d Glaa~9 I. Cooper .~+fe of ths s+id N. J. Cooper „Po„ a sepuate snd pirv~t~ examination by nce taken sepsrate snd apart from her said husband, stknowledged to snd befwe me tfiat she exetuted said instrument freely and voturr tarily snd without any compulsan, const?aint, appreheni n, fear of or from her iaid husband. LL ~ WITNESS my hand ~nd official seal thi dsy of A u9t A. D. 19~.~L ~ - ~ N sry Public i~ and iw the State of Florida ~t larye MY Commiuan expires: ~ Retum Ta ~~~~:,k~~,r~ ~ ~'~0~1f~'1~[. Stit! ~ ~011di ~ ~ first Feder~l Savi~~ 3 Loan Association Y~ .~i, ~ Of Fort Plerce. ; % ~ ~ y ~~K 1969 ~ • /MIN w4f G. ~ fpt Pierte. Florida 'i ; -l _ i ~ - ~ c_•- C;, _ : D AND RECORDED ~ FILE ~E COUN'~lf. F~-p`• - r' =--J ~ ST, LUC FRtF1E0 ~r: ~ t RECORQ v- H - ~i ' : ~ ~ QS Q ' . . ~ ~ 14'74 - - ~ 3•01 ' f * '~6 y P~ ' ~ ~ J~P~tiC~ ~ ITRAS i ~ CLERK CIRCUIT COURT~_ g~OK15~ ;49 - ` ~ - . . _ _ ~~~L 4 f y^~ _ ~ _ - '~s ;r~.P~. SZ - = e ;..C.x.., t,~, t~. ~~.,w~