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To p!~ and continuously keep on ~he bui:dings now or Mre+fta ~tuate on s~id land snd on all puipe?wM a+d p~nawlh aowr~d bY Mb r^°rb' ege, with all pr~mivms thereon p+~d i~ full, fire inaurance in ths usu+l standard policy form, in ~ sum apptowd by th~ IMORTGAGEE. and wind~torm ~nsuranc~ in tM uswl sundard pol~cy (am. ie? ~ sum approved by ~As MORTGAGEE, In such comp~?y o~ oa~p~ni~s +s tM MORTGJIGEE ^wy dirett; and all fir~ snd windslorm insuranc+s policies on a~y of said buildinps, ~ny int~raft tFwtein ot pM tFNnof. in th~ ~pp~paq wn? ~lotlsaid O~ in exce~s Iheroof, iMtl cont~in ths vi~al standsrd matgages clause w ~uch o~ha clww ~s tM Matqap~~ m+y rpuin, ~4inp tM Iws v~ uid po1E ~ c~es, each end ~vtry, payablt to said MORTGAGEE as its in+e~est may ~ppe~~. ~nd tach +nd ~ve?Y such P~~KY ~ PfO""?~~Y ~'9^~ ~ ~ any held by said MORTGAGEE ~s furtAer security to said matgage deb~, and, oot less than ten (10) days in advana of tM expk~tan of ~ach politl/. to d~- I~ver to Nid MORTGAGEE • re~ewal thereof, tope~M~ wi~h a rece7pt fw the pnmium of wch rsn~wal3 and 1Mn shall b~ no f'u~ a wi~~a~ Inwr~nu pleced on ~ny of said bvildings, sny i~teres~ therei~ or part thereof, unless in tM form ~nd wi~h tM loss paYabt~ u afatsaidr ~ tM ~wnt ~ny wen of money becomet p+yabte wider :uch policy or policiei said MORTGAGEE shall haw tM optan to roa~w and spply tM um~ on +ccow+t of tht tnd~bted~ ness secured Mreby q to permit said MORTGAGORS to receive and use it ot any put the~eof fw othe~ pu?poses, without the.eb~ waivi~q a imp~ir- in~ any equity, lie~ w ~ight ~nde? or by virtue of this morsysge: and in the ~vent t~id MORTGAGORS sMll fa ~ny roason f~i) to kkp the aid pnmisa so insured, or isil ro d~live? promptly ~ny of said polities of insurance ro said MORiGAGEE, w f~il promptly M p~y fully ~ny premium 1Mrefor w in ~ny resFect fail b pa(am, d~uharge, execute. effed, complete. comply witA u+d abid~ by thit covenu+t. w any put Iw~of, s+id MORTGAGEE may p~~a and pay for such.inw~arece or u+y put thereof without waivin9 w affactinp a~y optio~, li~n, aquiry. a ripht ~ndK a by virtw of this Mat9apt. and the t~ll amo~nt of esch a~d avery such psyment tF+~ll be immedi~tely du~ aad payabl~ ~nd th+ll b~sr inttr~st from tM dat~ thateof uNil paid a1 th~ raN of n~ne per tent~m per annum and togethe~ witA suth interast shall be secvred by 1he IiM of this m0rf~~y~ 1. To permit, eanmit or suffer no waste, impairment w deteriwation of said properry w any part 1Mrwf• ' S. To p+y ~II and singutu the coat~, charges and expenxs, includinp s reasor?~ble ~Hwney's fe~ ~nd oosri of aMhscts of tid~. k~curr~d or paid ~t any t~me by said MORTGAGEE, becavse w in the event of the fsllu~e on the paA of tM aid MORTGAGOR b duly. p?anptly +nd fv~~Y P~rfa^~ dacM~. execute. effett. complete. comply with and ab:de by each snd every the stipulafio~s, ~greertKnri. tonditions, ~nd oov~nls of said promissory not~ +nd tt~u , morrgage any or eithe~. and said cos~s, charges and expenses. cach ~nd every, ahall b~ irtunediatsly due u~d p~yaW~t whetha ot not tMr~ b~ r~otiq d~ rr,and, attempt to colkct or suit pend~ng; and the f~ll amount of each and wery such payment shatl bes? int~r~st from th~ dab th~reof vntil paW ~t tM rate of nine per ccntum per aruium; and all said costs, charges ~nd expmsts incurred or p~id. togsther with suth infltNt, sMll b~ NWr~d by t!M ~wn Of Nw mort9ayt. ~ b. Th~t (a) in the event of any bresch of this Mortgage or deiwlt on the paei of the lNORTGAGOR, o~ (b) in th~ twnt ~ny of s~id awns of nwn~y ~ herein referred to be not promptty and fully paid wi~hin th~rty (30) days r?ext after the same severally b~com~ dw ~~?d p~Y+bb. wt~hout de~nu~ o~ ^o~k~~ i or (c) in ths event esch snd every the stipuiations, ag~eements, cor.ditions snd covenant~ of ssid pror~i+uwy noN u~d thi~ nwetyap~ ~ny o? ~itMr at~ nol iuly, promptly and fully perfamed, diuharged, executed, effected, tompleted, tompl'~ed wilh ~nd abided ~iy, thln in ~ithN or ~ny Wth ~wM fIN said ap~ gregate sum mentaned in said promissory not6 then remaining unpaid, with interest atv~ed, and all mo~ys sacvt~d. MrtbY. ~1w1~ b~oorM dw ~nd P~Y' eb~e forthwith, w thereafter, at the option of said MORTGAGEE, as fully and completely as if sll of tht said swes of e~onty vwn oripindly stipulabd fo be pa~d on such day, any~hing in sa;d prom~sswy nofe or in this Mortgage to the contr+ry nofwitlutand'upt ~nd tlwnupon a tlwr~afNr at fM option ot ie~d MORTGAGEE, without notice w demand, suit at law w io equiry, therefore or M~reaiter bepw~, may b~ prwKVl~d p if ~l! nwtwy~ Ntwd hM~by had maNrld prror to its inttitution. 7. Thst in the event that at the beginning of w at any time pendirg any wit upon t6is Mortype, or fo fohtloN It, o~ 1o nfotm M, o~ !o ~nforp payment of any claims hercunder, said MORTGAGEE shatl apply to the Court h+ving jurisd~dion ther~of fp tIN ~ppo~nlm~nt of ~ R~celwr, wd~ Cour1 ~MII forrhwith appoint a receiver of sai~! matgaged property all and singular, irxlud~ng all and singular tht inconM, pofits, Itsws and rwM?uN ftpn whaf~vN so~rce derived, each and every of whkh, it being expressly understood, is F+ereby mwtgsged u if sp~c~iiutty ~et forth and d«cr~d In thi ~nntkp and habendum clauses hereof, snd such Receiver shall have all the b~oad and effcctive func~~a+s and powtn in anywis~ eaMUt~d by ~ CovA tp a ReO~ivN, ~~d ~:.ch appointment shall be made by such Court as an admi~ted equity and a matter of absolute right to s+id MORTGAGEE, and without nfKN~u to tM ~ edequacy p inadeq~acy of the value of the property mortgagcd or to the sohency or insolventY of said MORT('aAGOR Or fh! dtf~adanH, ~nd fh~t suth ~ re~rs, profits, income, issues and revenues shall be applied by such Receiver accordinp to th~ lien or equity of s~id MORTGAG£E ~e?d fM pwttit~ of wd~ # Court. - 8. To duly, promptly snd fully perfwm, d'~scharge, execute, effect, complete, comply with ~ed ~bid~ by sath ~i~d ~wty fh~ ~tip~latiota, apr~nf~, cond~tions and covenants in iaid pranissory r.ote and this mortgage set forth. ~ ~ ~ 9. That in the event the ownership of the mort~aged p?emises, or any part thereof, becanes veshd in a p~rton othK fMn ths MORTCsAGOR, tl» ~ h',ORTGAGEE, its successon and assigns, msy, without notice to the MORTGAOR, deal with such sutustor or N+easso? in intuat with r~f~rN~ to thb ~ ~no~~gage and the debt hereby secu~ed in the same manner as with Mwtgagor without in ~ny way vitiaYug or diKhar~ug fM Mortpa~ws' li~bilify Frn- ; undsr w upon the debt hereby secured. No sale of the premises hereby mortgaged and no fwb~aranoe on 1M part of tM MORTGAGEE w it~ suttesson or ass~qns and no extension of the time fw the payment of the debt hereby secured 9iven by the MORIGAGEE w ib ~vcussors or assipnb ~M~~ opu~» ro release, dixharge, modify change w afiect the wginal liability of the MORTGAGOR herein, either in wFale w in parf. 10. It is specifically agreed that time is of the esxnce of this co~tract and thst no w+iwr of any obliyaYan harwnder or of th~ oblip~tion u- cured hereby shall at any fime thereafter be held to'be a waiver of the ferms hercof w of the irutrument tetur~d Mrby. 11. tn addition to the fwego'~9 monthly payments of princ'pal and interest required by the p~omissory nOte slturad hereby, mOttp~gOr eOWMOfa and agrees to pay to mortgagee with each monthly paymem an addirional sum estimatcd by mwtg~gee fo be eqwl t0 I~1Z of the annw) tosT of tiN follOw- Ing: j ' A-All real property taxes levied or assessed against thc above described rea) estate. ; B-Premiums on fire and windstorm insu:ance as herein requ~~ed to be carried on the improvemenri situate on tl» ~bov~ desctibed prNni~a. ; C-Premiums on suth mortgage guaranty insurar~ce as mortgagee shall from t~me to time deem fit to urry on th~ loan setursd he?sby. i Mortgagee shall from time to time notify mortgagor in writing of the amount d~e and payable hereunder and ~uch wm shal) therwpon be dw ~nd ' Fsyable on the due date of the next monthly payment and each successive month thereaftcK vr.til mortyagee shall nofify mortgagor of a cMrg~ in wch t i e~~;ount. Such sums shall be applied by mortgagee toward the payment of real property taxes, inwr~nte premiums, and morfps~~ yuar~nfy insutarK.~ i f p~emiums. ; ~ IN WITNESS WHEREOF, the said NIORTGAGOR has hereunto ut his hand ~~d se~l the day and yesr firat ~faaaTd. Si9 , Sesled a eliv ed in the presence of: ~ ~ Q • ~ - - ~ ~ Si E OF FLORIDA t ccuNrY oF St. Lucie j~' Befae me personally sppeared ~"~YeI B. K21hI1 and Launah June ~~lll his wife, to me well known end krwwn b rne to b~ rhe individuab dewibed in snd who executed the fwega instrument, and sdcnowkdged bsfore me thst they execvted the ssms fw th~ pvrpwes ~r,<~e~~ exa~a. a~a ~t~ said I.atlIld~i June Katu~ ~,:fe of the said ~yei E. ~d~1J1 • vpon • sepa?+te ~nd private e~aminaYan by me taken separate and apsrt from her said husband, sdcnowledged ro and beforo me that she exewted said ittstrument freely and volvn- rarity and without any compulsion, constraint, apprehens~on, os feu of or from her s+id husbsnd WITNESS my hand snd offiual ual thi~~~ day of Au JUS t A. 19 67 Notsry u ic in snd for fhe State of flwida at tupe „ My Cannission ~xpires: Retum To: ~ ~~~~f`•- ; Firit Federal Savirgs d~ Loan Association r ' Np~ r~. ~k ~ . Of Fwt Pierce. ` ~ ~ ~ ~ • ' • ' " • (~ssio~ ExpKa Sept, j3, 19b9 ~ J' - ~ ~.i Fort Pierce. Flwids ~ . . M.iN b waMir~. iw i Cr.Mhr Cw ~ ~ r~ RILEO AND RECORDEO F~ i St LUCIE COUNTY. Fl.~?• ' o-_ 1 - ~ ^ RD VFRIFIED ~ ; a~,,e ' ~ - . 159195 • _ . '61 AUG I~ At~l i0 : I 3 ` °.~.~~`'~z ? t=o`~E:~= ~~uiTR~S ~ 681K16~ PACE~t321 CLERK CIRCUIT COURT ~ ~C ~ - . . . ' - - - - _ _ _ ~ A ~ ~ : - - W . : -