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To pl~c~ ~nd conti~uously k~~p on th~ buiid~ng~ now w Mre~(q~ ~~tu~t~ on said land and on ~tt equtpment ~nd p~nonally covered by fhf~ n?wtp~ sp~, with all premivrtq thereon pa7d in fvll, fi~s ins~ranc~ i~ the ui~sl itandard polity fam, ~ a sw+1 ~pprov~d by Ih~ MORTGAGEE, ~nd wind~twm inswana in tM uswl iranda.d poGq fwm. in • swn approved by ~M MORTGAGEE; in such compa~y a comp+nies as ~M NtORTGAGEE may dinctj ~nd all fi~e ~nd wiodsto~m insurana poticie~ on any of said bvild;np~, ~ny intersst therein w part thsrwf, i~ tM ayprcq~t~ ~um afo~eaid a ~ In ~xaa Ihereof, ~hall contai~ the usual sl~ndard mat9apk cl~use w such other tl~us~ at tM Mortp~gee may reqvin. makinp tM loss und~+ said po1G cip, tach ~nd every, pay~bls to iaid MORTGAGEE as ib intereit may ~ppQat, ~nd e~ch ~nd ~very s~ch policy shal) b~ prompfly ~s~:y~ed and dllivared to any h~ld by said MpR~GAGEE is turlher tecu?ity to sa~d maty~9e debt, and, not leu 1Mn tsn (101 dayt in ~dvanc~ of ~M explr~twn of each polity. 1o d~- IivN to uid N10RTGAGEE • ranewal ther~of, topetl?N wilh • receipt fw the premium of tucF~ re~?ewal= and thero th+ll b~ no fin w windstorm insur~nca pl~ad on ~ny o/ said b~itding~, ~~y intere~f the~ein or part fhN~of, unleu in th~ (orm'and with th~ loss p~yable as ~tu~s~id; and in tM ~v~nt ~ny sum ' of mon~y becwn~s pay~bl~ vnda such pol'~cy a polKies said MORTGAGEE iMll Mw tM op~ion to ~eceiw ~nd apply 1M s~me on account o~ the indtbted- ~ M1s Ncv~~d h~?~by o~ to p~imit said MORTGAGORS to receive +nd uit if p any part fhtreof fo~ other pu~poses, without ti~rreb~ waivi~~g w ~mpair- Inp any puity. ~i~n or ri~ht unde~ w by virtw of thu mort9ap~j and in IM ~vent ssid MORIGAGORS shall fw any r~aza? fail ro keep the satd premises so ins~~ed, w fail b deliver promplly ~~y of uid policies of insunncs to said MORTGAGEE, a fail promptfy fo pay fuily any premium the~efot o~ ie any ~ ntpect hil ro pe~(otm, diubarge, execute, ~f(ed, canplet~, tomply with ~nd abid~ by tlus mvenartr, a~ny put Mreof, ssid MORTGAGEE may plx~ •nd pay for such iow~anc~ w~ny part thereof without wshrinp a~ff~ctirg any option. li~o, equiq, or riyht undN or by vi?tw of this Matys~e, and the i full amouM of Nch uid tvery sutF payment sMU be immedi~tely dw ~~d payabM snd ahal! bea~ Fnterest f?om tM dat~ Ihereof until paid a1 th~ rat~ 01 ~ nin~ pK cenrum pw a~num and to~ether with such interesr shall be securod by the IiM of this mortyape. 1, To pKmit, oomrnit or suffe~ no waat~, lmpa'ument or deterioratan of ssid property w~ny p~rt thereof. ~ 5. To p~y al~ snd ~inyvlar thetosts, charpa ~nd expenxs, includi~g a reasonable a~turney't fea and costs of abstracts of title, incurred or paid at ~ any time by iaid MORTGAGfE, becaus! or in tha event of the failure ort the pa» of rhe said MORTGAGOR ~o duly, p~omptly a~d fully perform, dixharge, •xec~te, e((ect, complet~, comply with snd ~b~de by esch ~nd every the ttipulations, ~greements, conditions, and covee~ann of said p~omissory ~ote and thii matype any w ei~her. ~nd sa~d costs, cFurges and expernes. each and avery. sMll be immediatety due and payable: whcther a ~ot fhe~e be norice ds r+?~nd, anempt to collect w suit pend~ng; and tM full amo~nt of each and every s~ch paymem shall bea. intereit from tF+e d~te thereof until p~id at the ~ rate of ~ine per ccnwm per annum; and all said c6sts, charge~ and expenses incurred w paid, together w;th s~rch iroerest. thall be secured by ths tien of thi~ ' matpap~. 0. TMt (a) in ths event of ~ny breach of thia Mwtgape or defa~lt on the pan of the MORTGAGOR, w(b) in the svent ~ny of said wms of money herei~ r~ferred to be no? promptly snd fully paid within thirty (30) days nexl after the ssme sevcrally become due and p~yabk, without demand o~ notice, w(c~ in tM everlt each and every the stipulations, agreements, condiriona and covenann of sa~d promissory note ~nd th~s mortgape a~y a either are not ~vly, promptly snd fully performed, discharged, executed, effected, completed, complied with a~d ab~ded by, then in e~the~ w any such event ths said ag~ pre~t~ wm mentioned in said promiuory note tF~en romaining unpaid, with interest accrued, and all monays secu~ed hereby, shall becane dw and pay- sble fathwith, w thereafter, at the option o1 said MORTGAGEE, as fully and completely as ii all of IFx said sums of monay were oriqinaliy ttipulatcd ro be paid on such day, anythirg in ssid promissory oote w in this Mortgage ro the con~rary notwithsta~ding; and Nxreupon or thereafta at tha option oi 'i seid MORiGi4GEf, without rwrice or ckmand, su'rt N law w in eq~ity, therefwe or thereaf~er begun, may be prosecuted u if all ma?eys sacurad hereby had marured prior lo its instirution. 7. That in the evc~t that at the beginning of or at any time pending sqy suit upon this Mortgage, w to foreclou it, a 1o refwm it, or to enforp payment of ~ny claims hereunder, sa;d NIpRTGAGEE ~hat1 apply to the Cour1 having jurisdiction tF~ereof for the appo~ntment of • Receiver, such CouN shall fwtliwith appoint a receivcr of said mprtgaged property all and singular, includ~ng all and singular the income, Fvofits, iuues and revenues irom whatever source derived. eseh ~nd every of which, ~t being expreuly uodcratood, is hereby mort9aged as iF spec~fically set forth and desvibed in the ~i~nting snd h+bendum dauses Aereof, and such Receiver shall have sll the broad and efiective funcs,ons and powers in anyw~u entrusted by ~ Court to a Receiver, and " + •uch sppointment ihstl be made by such Courf ai an admitted equity s:+d a matfer of absotute right to said MORIGAGEE, ~nd withouf refe~ence to fhe ~dequaq or inadequ+cy of the value of the property mortgaged w to the soivency w inwlvency of said MORTGAGOR or the defendaMS, and that such rents, profib, incane, issues and ?evenues shall be applied by such Receiver accordiny to the lien w equiry of said MORTGAGEE and the pradice of such Court. 8. To d~ty, prampdy and fully pe~fo~m, diuharge, execute, effect, mmolere, comply wirF~ ~nd abide by e~ch end every the stipulatioru, ag?eements, conditwns and covenants in said ptomissory note and this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, a any part thercof, becomcs vested iri ~ penon other than the MORTGAGOR, 1F~e MORTGAGEE, i» succeuort and auigns, may, without notice to fhe MORTGAOR, dea! wirb suc6 successa a suctessor in in?erest with referente to this mor~g~ge and the debt hereby sec~red in the same manner as with Mortgsgor w~thout in any way vit~atirg o~ discharging the Mortgagors' lisbility here. under w upon the debt hereby secured. No sale of tfie prem+ses hereby mortgaged and no forbearance o~ tl+e pan o( tMe MOQTGAGEE or its ~uccesson w issigns ~nd no extmsion of the time for the paymem of the aebt hereby secured givcn by the NWRTGAGEE or iu ~uccessors or assigns, sh~ll operat~ W release, d~sch~rge, modify thange w affect the orig;nal liabil~ty of the N10RTGAGOR herein, either in whole or in part. 10. It is specifically agreed that time is of the esscnce of this contract and tMt no waiver of any oblig~tron hereunde~ or of fhe tRbligation se- p;red hereby shap at any time thereaftei be held to be a waiver of the terms hereof w of the instr~ment setured h~iby,-_, 11. In addition to the fwego:ng monthlY paYm=nts of princ'P~I and interest requ~red by the prom~ssory not~•~+ ~•.Fierr~Yf:,~r~'s• ~`tovena~ts and agrees to pay to~mortgagee with each monthly payment an add~rional sum est~mated by mortgsgee to be equal.tq.i/`~ o~ the a~?r~la( cod? of•fhe follow_ . ~ - . t - . A--Ai ro erty fsxes levied w assessed against the above deuribed real estate. ~ ~ _ B-Premivms on fire an 'nsurance as herein requ~red to be carried on the improvements situate as t~ ' 1~ ~~~xy; C-Premiums on sqch mortgage guaranty insura.~ce shatl from tim ' ~ to urry ,oo the. fpan secured her~,; • Mwtgsgee shall from time to t~me norify mort ' ' t amoun able hereunder and sych'ivrh:skaJ~ jlwPy{~o~i b~,~ve and payaWe on the due date o y payment and each successive month thereafter urtil mor ~ mbr}~bgb~•o},a'cha~pe In such ums s all be applied by mortgagee toward fhe paymeN of real property taxes, insurance prem:~ms, ,a ~w~~e premivms. . . „ ~ • ' 1:1C`- , IN WITNESS WHEREOf, the id MORTGAGOR has hereuntp set his hand and seal~he da ~p~y~ fusi fol ~F,'-'~ 8 ASSOCIATIQN, IN s~led ~,delive in presente of: T UC:1 (:V a Gy . ~n a . ~ry ~ ~ t5e+q 1 _ Ruth Gilkey, Secre ary . - ; STATE OF FLORIDA OUNTY OF ST. LUCIE ~ I HEREBY CERTIFY, That on this ~~day of Januar (g , A.D. 19 , before me personally appeared Georqe CulVerhouse, Jr. e~ Ruth Gi.lkey i respectively Pre;,ident and Secretary , of St. Lucie County L~air Association, I~c. Florida _ ~ ~ Corporation, to me known to be the persons described in and who executed the foregoing instrument, and severally acknowledged the exe~ tution thereof to be their free ad and deed as such officers for the uses and purposes therein mentioned; and that they effixed thereto the officia! seal of aid corporation, and the said instrument is the ad and deed of sa~d ~~o~~Yo~atron. WITNESS my hand and official seal at Fort Pierce , F o~"~ da , said county state. ' • r~0 REC~~CED Y - • , , ~ 9 ~ FILED ~ ~ ~ Uf. . rl.r. ~ ^ ~ sT. LL'C~~ Notary Public, in and for Sfate n County afo~es~id. ~ v ~ . . My Commission Expires: ,~~f~' , . u " 16~~s~ ~ - . . ~~R .`'i'i 26 N'`' ' ~ 1 . 1 ~ - , t Teis i~~+.em^~.t pra~ared 6y~• Frst F~~~-<i 9r Lc:an Asstt~~ • • . _ of Fort Pie'ce; - ~ ~ . ~ ~ T s~K ~.?O ~5`~ - - . ~ - , ,j~ ` % a . ~ ~ ~ _ ~