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To plaa ~nd contGwo~aly kMp on t!~ buildings now w I+K~+fiK si~uaN on said lud u~d on a11 equipnwM ud pKwn~ity cove~~d by thia morfp~ +y~, with ~N preeniwM t1?Kwn paid tn full, fir~ insur~nc~ in tM v:wi su~da~d policy fq,n, in a suen approwd by th~ JNORTW?GEE. ~nd windNorm ?nswinq In th~ uswt uu~dud pol~cy fwm, In ~ wn? +pprov~d Dy ~M NWRTGAGEE, io such comp~ny o~ canp+nia ~s tM MORTGAGEE may dir~ctt and all fin ~nd w'ud~torm ioswu~w policiet oo ~ny of s~id buildinp~ «?y intayt tf~eln w part fhereof, h tM pQ.ep~t~ ium ~foraaid o~ ~n exe~p th«rof, ~hall aontain tM usva! uandad mortps~ claus~ o~ ivd? otFw~ clws~ u tM NbrroagN m~y ?equ'u~. makinp ~M Iws undK said po1F c~es. ~ach ~nd ~wry. paY+bl~ b wW MORTGAGEE u ia inrerest m~y appe+r. a~nd tach aod wery t~ch policy ~Full b~ promplly asi:p~?~d u~d d~livtted to ~~y Mk! by s~W MORTGACsEE as funl+~r s~turity to said mwtyapt dtbt, and not kss ~han ten p0) days in advu?n of th~ ~xplration of each policy, to d? tiv~r ro wid MORTGAGEE a r~wwal tM?eof, topttMr with ~ ~eteipl for the premium of such r~newali ~nd thert sh+ll b~ ro fir~ w windstwm inwr~i+c~ p~iCe~ 011 Mly Of qitl EIUIWir?Of, My in1Nlst thfr~in Of p~rt tharoof, unless in yiK io.m ~~d with tM bss payablt u•fa~saidt snd in tM swol any sum of moewy becom~~ payal~ w~d~r wd~ pcdky w pcliciss said MORTGAGEE shall haw rM op~an ro receive a~d ~pply ths ~ame on accwnt of th~ ind~bted~ ness s~cw~d Mr~by a w pK~nit s~id NIpRTGAGORS ro nceive u+d ~s~ H or any psrt thcreof fw other pwposes, without thaeb~ waivi~tig o~ impai?• iny +ny p~iry, li~n w ripht u~dt~ ar by virtw of this mortpapet u~d Fn ths ~vent faid MORTGAGORS shall (w ~nr reason f~i) to keep the ~+id pr~mises so iniursd, w fd) b dtliwr promptly ~y of s~id politits of inwrancs to said MORTGAGEE, a fail promptly to pay tvlly ~ny pn+nium therefw w in any rsspect fail b pN(orn~, discMrp~, ex~tut~, ~ffect, complN~, compfy wi~h ~nd abid~ by tha cownant, or ar?y pi?t heraof, said MORiGAGEE m+y pl~ce a~d pav fc? +ud? lrowanc~ or +ny part tMreof wi~hwit waivinp o~ affectinp any option, Iten, equity. or ~iyht und~r or by vinw of this Mat9+y~. and the fvll ~nwuM of Nch and way wch p+ym~nt shall bs immed'wtely dw u?d p~yabl~ and sF?sll btar int~rest froen tht dat~ thtreof vn:i! paid at tM rate of nin~ pa q~twn p~r uxwm ~nd toysther with a~xl~ k?terett shaU be secvred by tM li~r? of this mottps~~. To pNmit, cwemit p wffa no wut~ Impaument oR deteriaatan of said property o~ ~ny part t}~eof. S. To pay ~II and un~vlar tM coa», dWrp~s and expense~, includinp • reasoMbls ~norncy i fn and cosri of ~bsrrscn of titl~, incvned w paW at ~ny tim~ by s~id MORTGAGEE, b~c+us~ or tn the ~wnt of the failure on tM part of tl+e said MORiGAGOR ro duty, promptly aod fv11y pNfo~m, d~schar~ sxacut~, ~fhd, oompl~t~, comply with u~d abide by ~ach and every the stipvlations, agreements, canditio~?*, and mv~n~nts of said promiuwy noh ~nd ~hu mortyp~ ~mr or ~itl~. and s~id cost~„ cAu~s ~nd experues, each and evay. ahall b~ imenedia~~ly due ~nd pay+ble: whether or not then be notiu dr msnd, ~thmpt to ootl~ct w wN p~ndingj and tM full amount oF each a.~d every ivch paymen~ shatl bear int~nil from Ihe d~te thereof until p~id d tM ' rate of nln~ pe~ c~ntum per u~d all said cost~ chuyes and expenses incwred or psid, togetha wi~h sucA ii?~~r~at. sh~ll be ww~~d by tFw IiN? of thit mort9ap~, 6. Th~t in th~ went of ~ny br~ach of this Mwtg~p~ w default on the parr of tAe JNORiGAGOR, a(b) in tM ~~ront any of si~d sums of mon~y i henin rlhrr~d to bs not promptly and fvlly p~id within thirty (30) days next afte? the sams severally b~tqrn dut and pay~ble. without dtmand a ootic~. or (c) in th~ weM each and every th~ stipulatioas, agreementt, conditions and coven~nts of sud 'promissory note and tA~s morfpp~ ~ny a e'+ther ~re nol iufy, prompNy ~nd fully performsd, disch~rged, execvted, sifected, completed, complied with and abided by, tha+ in ~itha or u~y such ~wM tM said a~ p~a9at~ wen m~e+iwn~d in uid promiuwy not~ thee remaininy unpaid. with imerest acuued. and all moneyt s~cvred. hueby. sMll becwne dw and pay~ abl• fwthwith, w thKtifta, at tM option of said MORTGAGEE, u fully and completely as it all of the said wnr of money were aipin~lly sNp~lated ro be paid an such day. anyd,i~g in s~;d p,on,;uory rate ar in tha Mortgage to ~he ca+~ary notwida»ndinp; snd therwpon a thereaher at the oprion of s~~d MORTCsAQEE, witl+out notia a demand, s~it ~t law w in p~ity, therefwe o? th~reafter beyury may b~ pro~sc~ted as if aN moneya setur~d l~sreby had tnatvt~d p~iOl tp iq irqlilufiorL 7. Thit b tlr ~vent thst at the beginniny of or ~t any time pending a~y suit upon this Mortyage, w to foreclos~ it, or to reform it, o? to e~forp paym~nt of a~ daans hereonder. s~id MpRiGAGEE shall apply ~o the Coun luving jurisdician ~hereof for ths appointment of a Receive~, svch Court sha!! !orthwith ~ppoint a nceFvt~ of ui~ matyaged p?operfy all md iing~lar, includug all sad singular the incom~, profits, iuws and revenve~ from whatwer sourt~ dariv~d, ~ach ~nd ~vKy o# which, it beinp ~xpreuly urders~ood, is he~eby mortg~ged as if specifically ut fwth and destribed in thi praetinp and habendwn clavses hereef, u~d wch Receiv~r sha11 Mve +It the broad and effective funct~o~s ar+d powers in anywise entrusted by ~ Carrt tp ~ Reoeiv~r, and such sppointrrM~t aMll b~ made by wch Cowt u sn admitted equity and s m+~ter of absolute right to s~id MORTGAGEE. ~nd wi~hout referenu to tF+~ ad•quary w in~d~qwcy of ths wlw of the property mwtgaged or to the wnre ncy or inso(vency of s~id MORiGAGOR or the defendann, and that such renr~, profi», incane, issua a~d nvenues shall bs spplied by such Receive~ accordinq to tM lien o~ squity of said MORTGAGEE u+d the practip of such COL?t. 8. To duly, pranptly ~nd fully p~?form, discharye, execute, effect, complero, comply with and sbid~ by ach and ~very tM stipulations, eqre~msnts, conditions snd coven~nts a~ aa;d promysory rwte xd this mwtqags ~et fath. ' t 9. Thaf In t!w ~v~nt ths ownenhip of the matgayed premises. a ariy patt thereof, becomes v~estad in • penon othet Min the MORTGAGOR, th~ ~ MORTGAGEE, lts wcceswn a~d ~ssiyns, may, wifhout notica ro the MORTGAOR, deal with such tuccKSw or ~ucc~sao~ in interast wi~h nfererw to this i mort9~y~ and tM debt hereby secured in th~ same manner as with Morrgagw w;thout iw any wsy vitiatiny a dixMry'u~g the Mwtyapors' li~bility 1»rt under or upon tM debt hereby secured. No sale of the premises hereby mortgaged and ~o fwbearance on the paA of tht MORTGAGEE or its tuaessws or essigns and no eatension of the time for the payment of the debt hereby secured yiven by the MORTGAGEf or it~ ~ucceuon a assigns„ .hsll operat~ ro releas~ diacharp~ modify ch~eg~ w affect tha original Iiability of the MORTGAGOR Ixrein, either in whob a in put. 10. It Fs specific~Ily s~reed th~t time is of the euence of this contracr and tha~ no waiver of ~ny obl~yaYwn Mrevndrr or of tFa oblfpation se- j cur~d Fwr~by sMll at ~ny tim~ thereaher be hefd to be a waiver of the terms f~creof or of tf+e instrument secwed herby. ( 11. In add~ran ro~F+e fo.ego:ng monthly paymenfs of princ Pal aod interest reqvired by the promissoay rwte secured hereby, morfgagor townanb ~ end agraes to pay to mortpagee with esch monthly payment an additionsl sum estimated by mortgagee to 6e equal to 1/12 of the annusl tost of ths follow- ~^9~ A-All real property tsxes kvird w assessed against the above destribed ~eal estate. B-Premiums on fin ~nd windstorm iniwance as he?e~n requ~red to be carried on the improveme:+ta situate on the above desvibed premises. C-Premiums o~ wch mwtyag~ 9wranty insurance as mortgsgee shall from t~me to time deem fit to carry on the loan secured 'nereby. Mwtysys~ shall from time to time notify mortgsgor in wr;ting of the amount due and payable hereunckr and such wm shall thereupon 6~ due and peyable on ihe due date of the next monfhly payment and each svcceuive month the~eaife~ ur.?il mortgagee shall notify mongagor of s change in such amount. Such sums ah~ll be applied by mortgagee toward the payment of real property taxes, insurarxe prem~ums, and mortgsge guaranfy insurance premiums. iN ITNESS WHER ths said MORTGAGOR has hertunto set his Fwnd snd seal tF~e day snd y~sr fint aforesaid. S~j~ in th~ breserxe of: ~~t/ • s 4 4 ; ~ j n ~ ~ ~n ~ i ~ ~ n--~ i STATE OF flOA1DA ; f ~ S$, i counm o~ _ S~„ L.LCi e ~ t i - 4 9efwee+.p.na+al~y,pp.,.ed Mar; ~Tane Mavf~ ield, a wi~nw ~ ~ ' ~~7~ to me well krwwn snd known ro me to b~ the individwls dewibsd in ~r?d who executed the fwegoin~ instrument, and acknowledged before me tMt they e:ecuted the sams for the purpotes therein ~:preis~d. ~•74~d ~ ~ ; :i~7f x~~rac - ~ !4!4]4~7Q44D~~94lC~lC3R'.~~~an~ ti`~ ~ WITNESS my lNnd a~d offki~l s~al this,~2 day of A. D. 19 v ~ Plot+ry PubJic in ~nd for the State of Florid~~~.L~rN.;~ ~ Mr Commiuion ~xpires: ~ Z ~ ' ~ ' ' , Retvm Ta FILEp ANO RECORBE~- :''r% Fint Fede~~~ s~~~~s a twn k~iJ~LUCIE COUNTY. f'E.A: ~1~1~:1c{ F~ PK«• REC~AD VERIFlEO NOTARY PUBtIC, s~~,~j ~.oRtOXaf[atcE Fort Pierce, florids MY COMMtSSION ~XPI~ S l~~' 0~9 153a`?'~ . . `6t FE8 2 8 PM ~ . I ~ . . . . . . _ ~ C?~'i" J, noc~a ~ OITRA ~ ' S CLEFtK CIRCUIT COURT ~ E [ ~ ~ - . aooK164 pacE24~34 - ~ ~ ~ , _9:-1~ ~ _ ~ - ~tir sG ~`Y„3 ~.lS~ ~_t i .