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To ptan and contin~ously ke~p on tM buitdingi now or Mreafter situats on ~aid land and on ~II equipmtm ~nd pasonallY covtr~d by thii mortg~ ~gs, with ~11 pr~miums thereon p+id in tull, tire insuranct in ~he uswl itandard policy fam, in • sum app?ov~d by 1M MORTGAGEE, and windstam ~ imuranc~ in tM ~nw) ~qndard polity fam, in • sum spproved by ~he MORTGAGEE, in ivth company w ton+P+n~~a ~s 1M MORTWIGEE may { directj ~nd ~II tk~ ~nd windslorm irnu~ance polic~e; oe~ any of said buildinys, any inter~st therein or pa~t tMreof, in tM +~re9st~ sum afw~s+id or 3 in excs~s thawf, sMll contain tM usval standud matgagee clause or such otha cl~us~ as IM Mafpagee may ~pu~n, makinp the lou under said po1F ~ uss, each ~nd ~wry, paybl~ a said MORTGAGEE u its inte~eit may ~ppear, ~nd each a~d every such policy ~ha~l be promp~~Y ass:yned and d~live+ed to t •ny h~ld by said MORTGAGEE ~s funher seturity to said mongsfle debt. ~nd, no1 leu tMn Ier~ (10) days i~ advancs of the expiralion of each policy, to dr I~ver to s~d MORTGAGEE • renewal tMreof, lopetMr with a receipt for the premium of t~ch renewal; and there ihsll be no f~re w winds~wm insur+nc~ placed on ~ny of aid b~iWinps, uiy iMaest th~rein ot put the~nof, unless in the form and with ~he lou paYable as afore:sid; and in th~ evsnt ~ny ium ot monty becom~s pay+bb such P~KY « Po~K~ ~RTGAGEE shall hava ths optan ro receive snd ~pply the s~me a? account of the indebted- neas secw~d ha~by w M pKmit taid MORTGAGORS to receiv~ ~nd uw it w any part thereof for other purposes. without th~+eb/ warving o~ ~mpair- iny any pvity, li~n or rght ~nde~ w by virtw of this morsgage; ~nd in ths event said MORTGAGORS shsll fa ~ny rea:or? fsil to keep the sa~d premiies io imured, or f~ll W dtlive~ promptly sny of wid polities of i~surante 1o ssid MORTGAGEE, or fail promptly to p~y fully s~y p~emium fherefor oa in any re.pect fail b pKfonR, diuhu~e, e:~tut~, etfect, complete, comply wilh and abide by this coveoant, or any part hereof, said MORTGAGEE may place and pay fw such Imu~anc~ or ~ny put thtreof without w~ivi~g a affectinp any option, li~n, eqvity, w ~ight u~dtr o~ by viAUe of this Mwtgsge. a~+d the full arrwunt of sach ~nd ~very such payment sh~ll be immedi+tely du~ and p~yabl~ ~nd shall be+r intereit from tM dat~ thereoi vntil paid at tM ~at~ ol n~ne pcr tentum pa annum and together with wch interest siwll bs secured by ihe lien of thia morfgspe. To p~tmit, oaewnit or wffar no wau~, lmpairment or deterioration of said property or any psN the~eof. S. To pay all and sL+pulx ths costs, charges ~nd expenses, including a ~eawrwble ~ttorney i fee and cwri of abstracn of tiNe, incvrred or pa~d ~t eny time by said MORTGAGEE, b~cause or in the event oi the failure on the part of the said MORTGAGOR ro duly, promptly and fvlly pe~form, discMrye. execvre, ~ffect, compkte, comply with and +b~de by sach and every the stiputat~ons, agreemenis, conditions, and tovtnanb of said promissory note and thit mortg~qe ~ny Or eithe~, ~nd s+~d coata, charges and expenses, cach and every. shall be immed~a~ely due and payabte: whe~her a not there be r.or~ce da mand, ~»~mpt to aollect w wlt pe~dingj u~d tht full srtauM of eath and every wth payment shall bea~ iMeroit from the date thereof until p~id ~t tM ~e~e of nin~ per centum per uu,um; and all said coan, chsrges and expensas incvrred a.paid, together with tuth intenst, shall be iecured by th~ li~n of this mortys~l. 6. Th~t in tM event of any bre+ch of this Mafgsge or defaull on the part of the MORTGAGOR, w(b) in the ~vent any of said sums of morwy herei~ refKr~d to be not promptly and fully paid within th~rty (30) days next afte~ the same uveratly become due and payable, withoW dert?and o? rwtic~. or (c) in tM ~wnt each and every the stip~lations, sgreements, conditions and covenants of sa~d promissory note and this mortpaye any w either are eol july, prompNy and fuly per(«m«l, d~scMrged. executed, effected. compkted, compl~ed w~th and abided by, then in either w any such event tF~e ssid +g ~ yregate wrn re~Miaxd in ssid ptomissory note then temaining unpaid, with interest acaucd, and a11 moneys setured heteby, thall betome due tnd pay- , ab1• fwthwitFy w tMreaftN, at the option of said MORTGAGEE, as fully and completely as if all of the said wms of money were orgirully stipulatcd to b~ paid on wth day, snythlnp in said promiuory ewte or in this Mortgsge to the contrary notwithsandi~; and thereupon w lhereafter at the option of seid MORTGACsEE, without ootic~ or dem~nd, suit at law w in equity, tlxrefore w theresfter beg~n, may b~ prosecuted ~s if all ma~eys secvred hsreby had matw~d prlw fo its irtttifution. 7. Th~t in th~ went that st the beginning of or ~t aoy time pending any suit upon th~s Mortgage, or to foreclose it, w to refwm it, or to enforo~ payment of any daGra Mrevnder, s~id AhOR1GAGEE shall apply to the Covrt having jurisd~dion thereof tw ths appointment of a Receiver, such CouA shsll Ferthwffh appoint s retciret of ta~ mwtgsged property all and singvlar, includ~ng aIl and singutar the incoms, p?ofits, iuues and revenues fran whatever ~ource daivtd, each and ~very o wFi~cl~, it beinp expressly undcntood, is hereby mortgaged as if spec~fically xt forth and deuribed in the pr~ntiny and habendum tlauses hereof, snd wch RKeiwr sMll have slt the broad and effective tunctions and powen in anywise entrusted by a Court fQ s Receiver, and ~uch appointm~nt ahsll 1» rrwde by such Court ~s ~n admitted equiry and a rr»~ter of abwlute right to said MORTGAGEE, ~nd without refererxt ro tl» edequaq or in~dequacy of the valw of the property mwtgaged or to the solvency or insolvency of said MORTGAGOR a the defendants, and Ihat such ~ renrs, profiri, income, iuues and revenues shall be applied by such Receiver according to the lien or equity of taid MORTGAGEE and the pradiu of such ~ . Court. 1 8. To duly, promptly snd fully perform, discharge, exccute, effect, compkte, comply with ar~d sb~de by each and every the stipulations, agresmenti, ~ cond~tioru u~d coven+ms in said promUsory note and fhis mortgage set forth. ' ~ ' 9. That in the event the ow~enhep of the mortgaged premises, w any psrt fhereof, becomes vested in a person other th~n the MORTGAGOR, tM ~ %~tORTGAGfE, iri wcuuors and usiyns, msy, without no~icn to the MORTGAOR, deal with such successo~ w wcc~sso? in jmerest with reference to this mortgage and tM debt he~eby secured in the same manner as with Mo~tgagw without in any way vitiati~ or dixhar~ing the Mortp~gon' liibility her~- under or upon ths debt hereby set~red. No ssle of the premises hereby mortgaged and no fabearence on the psrt of the MORTGAGEE w itt sutcessors ~ cr ess~gns and no extension of the time for the paymcnt of the debt hereby secured given by tFx MORTGAGEE a its successors or assigra, shall operate ~ !o releas~, disclwrye, modify cFwnge or affect the original liability of the MORTGAGOR herein, either in whole or in psrt. 10. It h specifically a9reed that time is of the essence of this contrad snd that no waive? of any obligaYan herevoder or of the obliyation sa ~ cured hereby shall at ~ny time tlxreafter be held to be a waiver of the terms hereof or of the instrumertt secured htrby. ~ 11. In addition to the fwego:ng moNhly payments of prin~ pal and interest required by the promissory note secured hereby, mortgagor tovetwnri end egrees to pay to mortgagee with each monthly pay.nent an additional sum estfmated by mortgagee to be equal l0 1/12 of the annual cost of the follow- # irg: j A-All real property taxes kvied w assessed against the above deuribed resl estate_ B-Prem~ums on firs and windstorm inwra~ce as Ixre7n requ~?ed to be carried on the improvements sitvate on the above desuibed premises. C-Ptemiums on svth mortyaga gwnnty insurance as mortgagee shall from time to time decm fit to c~rry on the bsn setvred hereby. I Mortg~gee shall from time to time notify mortgagor in writing of the amount due and payable herevnder a~xl sush sum shall thereupon be due and Fayable on the due date of the next monthly payment and each successive month thereafter ur.til mortgagee snall notify mortgagw of a chang~ in such i aTOUnt. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mwtgage gusranfy insunnce ~ p~emiums. ~ IN WITNESS WHEREOF, t sa~d AhORTGAGOR has hereunto set his hand and seal the day and year fint afwesaid. 5pned, S~~I snd li~ '~tM presence of: • q ~ n ~ - ~ - ~ ~ STATE OF FLORIDA ~ ` couNn oF St. Luci e ~ 4 Beforo me penon~lly appeared i7enrv Ro~~ nson .~d Tr?nP p~'~i I'130^. his wife, to me well known snd known to me to bs rhe irdividwls described in u~d who executed the foregoir~g instrument, and acknowt ed before me that they executed the same for the pvrposes therein exp?ested. And the sa~J I?'PnP ~~?'~gOYl r, ~ fe of the s~id u e n r v R~~ i n s ~ n' - ~p«, a separate and p~iv~t~ examinatiw~ by me taken sepante and aparf from her said hvsband, adcnawledged to snd befwe me that she e:ecuted said instrumeM freely and wl~rr rarily •nd withovt any compulian, constraint, apprehension, w fear of w from her aid husbsnd. WITNESS my hand and offkial sesl tfii: /7~~ day of Febi~zar D. 19 _ ~ ~ ~ ~ ..,..~~u,~,.. ;s - ~ ~ Notary Public in end fw the State of F{orida at tuye ' ~ ; ~ P ' • • i ~ My Commission enpires: ' ~ : ~P rn~te' : - FILEb AN~ RECOROED ~ NoTARY PUBLIC STATE ot FLORIDA at LARGE ~ Fust~~~dfr~1)~~5~~ C~A ~sspdstioe ST. LUCIE COUNTY. FLA. IIY COMMISSION EXPIRES AUG. 29. 19fi8 ~ FOfC` = P. E C ~ P, 0 V E R I F I E D ~ONDED THROYOM FRED W. DIESTElMOR9T ~ Fb.~a~ _ _ . ~ ~ p,,~~~~ - 152990 ~ ;:T• y. '6~ FEB 2 4 PM ~1 : ~ . . t _ ~~,~~a?~,~~:~G iiOG~?: i'OtTRAS - CLERK CIRCUIT COURT Soox164 PACE~JOJ ~ . . - - - - _ _ { ~ ~ ~ ~ : _ ~ r~,~.+~~~~~',Y• ~y ~•.w ? ~ ~ ~ . ~-"y s~,'t€;t ~ ' w e~ ~ ,k ~ s~~ y