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To plx~ ~nd coroinuously ke~p o~ the bui!dings now w here~f~~r ~itust~ on satd land and on all eq~ipment u+d p~nonally cov~red by thi~ morrp~ sgs, wilh ~II premiwAS thereon paid i~ full, (ire insur~~ct in tM ~swl st+ndard policy fwm, r+ • tum ~pprovsd by Ihe MORTGAGEE, and windstwin inswanc~ fn ti+e ~swl st~ndard pol~q fam, .In • wm ~pprovad by tM MORTGAGEE. in such cwnpany or comp+nies ~s ~hs MORTGAGEE auy direct= and all tir~ ~nd windstorm insuru?c~ policles on a~y of wid build~rgs, ~ny intK~st fherein or pa~t thereof, in tF» s~re~ata tum afa~said or In ~xuss the~wf, ~h+ll contain tF+e usval s~andud mwtgage~ claust a iuch otF+N claui~ as tM Matp~ges may ~equu~, makinp tM bss unda uid poli~ cies, ~ach and ~very, payabk ro uid MORTGAGEE ~s its interest may ~ppNr, and each and ~very iuch pot~q shall be promptly ~~s:gned ~~d delivercd ~o sny Mld by ~aW MORTGAGEE ~s furthe~ ucu?ity to iaid mortpsg~ debt, and, not leu tMe+ ten (10) days in +dvance of the :~cpir~l'w~ of e~ch polity, to dr ;Iv~~ to uid MORTGAGEE • rtnewal Ihe~wf, toy~thN with a reteipt fw the p~emium of such raxwal; and tl+er~ shall bt no firt w windstorm insuranc~ plaad on a~y of said buildinyi, ~ny interest therti~ w p~?t thereof, trnleu in tht fonn'~nd with tM loss p~yable as aforttaid; u+d in th~ evtnt any ium of mon~y becanes pay+ble unda such policy or policies said MORTGAGEE shall Mw the option ro receive +nd apply the s+me on account o~ tM ind~bted- neu s+cvr~d hNeby w ro peimit ia~d NIORTGAGORS to reteive and vu it a any part thtreof fw othcr purposes, w~lhout thereb~ waiving w impair- ;nq any p~;ty, lie~ or ~ght ~nder or by virtw of this morryage; +nd 'wn ~M ~ven1 s+id MORTGAGORS ihall fw +ny reason fai) to keep tM s~id premises w insured, w fail to delive~ p~omptly ~ny of said policies of insursnce to said MORTGAGEE, w fail promptly to p+y fully any prcmium thcrefor a in any ~e~p~c1 fail to perioa+w, distharge, axecute, effed, complets, comply with ~nd ~bide by this covenant, a ~ny part herwf, said MORTGAGEE may pl~cs and psy for such insurancs o? any pan thereof without w~Ninp w affecti~p any option, IiN+, puity, w right v~de? o~ by virtw of this Mortp~9e. ~nd the full amounl of ~~ch and ~vary such payment sMll be immedi~tely dw and p+y+ble and sh~l) bear interest from the dat~ thereof until paid N tM rat~ ol nin~ per centum pe~ ~nnum and toge~her with tuch interest shall be ucured by the lien of this matgage. To permit, oommit or suffa no waste, impairmem or deteriwatan of said p~operty or any paA thereof. S. To pay ~II ~~d sin~~lu tM.costs, char~es s~d expenses, includiny a reasonable snorney'~ fee and costs of sbstracts of tiNe, incurred or paid any time by wid MORTGAGEE, becaus! w in the eve~t of ~he failure on the psrt of the said MORTGAGOR to duly, promptly ~nd fully per(wm, d~icharg0. execute, effect, comptete, comply with and ab;de by each and every the stipulations, agreements, cOnditiau. +nd covenann of ssid promissory note and thii morrgape sny or ei~her. +nd w~d cmta, cFurges +~d expen~es, each and every. ih+ll tx immediately due and payable: whether or not there bt ~oticb d~ mnnd, attempt to colletf o~ wit psnd~ng; and the full amouM of eacl~ and every such payment shall bear intetest from the date thereof until psid at the rate of nine per centum per annum; snd all said ccsts, chsrges ~nd expenses inturred or paid. logelher with such intetest, thall b~ tetured by tht lien of tbiu mortpa~e. e. Th~t in the event of any breach of this Mortgaye w def~ult on the pa?t of the MORTGAGOR, or (b) in the event ~ny of ~a~d tums of money herein referred to be not promptly and fully paid within thirty (30) dsys ~+ext afte~ the same severally become due and payable, without dem+nd w notice, or (cJ in the everlt exh snd every the stiputatio~s, agreemeros, cond~tiw~s and coverunts of sa~d promiuory note and th~s rtwrtgaye ~ny or eithet +rt not iuly, prompdy and fully performed, d~sch~.ged, execured, effected, compteted, complied wifh and abided ~iy, ~FKn i~ either w any iuch ewM Ihs said ag yreg~ts wm meMio+~ad in iaid promiuory note then remaininp unpaid, with interest acuued, and all moneys setured Fxteby, shall become dw sr?d pay~ ab!e fwthwith, a fF~QfNfiN. ~t the option of uid MORTGAGEE, ss fvlly and completely ~s if all of the said sums of money wcre aiginally tt~pulatcd to be paid on such day, anything in ss~d promiuory note w in this Mortgage to the contrary notwithstanding; and thereupon or ihereafter at the op~ion of •aid MORTGAGEE, wirhout norKe or demaod, s~it at law or in equity, therefore or thereaher begun, may be prosecuted as if sll moneyi secured hereby had matwed pnor to it~ institution. 7. ihat in ihe event thal at the beginnirg of or at any time pending aoy suit upon this Mortgage, o? to fo?eclose it, w to reform it, o? to enfwp payment of any claims he?eunder, said MORTGAGEE shall apply to the Court havirg jurisd~ction thereof tor the appo~ntment of a Receiver, such Court shall FortFiwith appoint a receiver of said mwtgaged property all and singular, intlvdmg aIl and singular the intome, pro(its, issues and revcnues from whatever source derived, each and every of whKh, it being expressly understood, is hereby mor~gaged as if speufically sN tath and dewibed in the 9ranting and habe~dum clauses hereof, and such Receiver shall Mve all the broad and effective funct~ons and powers in anywise entrusted by a Court to a Receiver, •nd such appointment shall be made by such Court as an admitted equiry and a matte~ of absotutc right to said MORTGAGEE, and without reference lo the adequscy or i~adeqwcy of the value of tF?e propNty mwtgaged or to the w~vency or insoivency of said MORTGAGOR a the defendann, and ~hat such renta, profih, intane, iss~res ~nd revenues shall be applied by suth Reteiver accwdn~ to the lien w equity of said MORTGAGEE and the practice of such Court. 8. To dul•:, promptly and fully perform, diuharge, execute, effect, cornplete, comply with and abide by each and every the sJipulations, acreements, condit'ans ~nd covenaots in sa~d promisswy note and this mortgage set fwth_ 9. That in the event the owncrship of tF+e mortgsged prcmisa, or any part thereof, becomes vested in a penon other than tlx MORTGAGOR, the MORTGAGEE, its successws and assigns, may, without notice to the MORTGAOR, deal with such succeuo? or successor in interest with reference to thi~ martgage and the deb~ hereby secured in the same manner as w7th Mortgaga without in any way vit~ating or d~scharging the Mortgagors' liability hero- undcr p vpon the debt hereby secured. No ssle of the premius hereby mortgaged and no forbearante on 1he part of rhe MORiGAGEE w its successon or assigns and no extension of the time fa the payment of the debt hereby secured given by the MORTGAGEE or its svcceuors or assigns, ahall operate ro relcase, d~xharge, modify changa or affect the original liab~lity of the MORTGAGOR herein, either in whole or in part. 10. It is spec~fically agreed that time is of the easence of this contract and that no waiver of any obligatioe~ hereunder or of the obligaYan se- sired hereby shall at any timc thereafter be held to be a waiver of the terms hcreof w of the instrument secured herby. 11. In add~tion to the forego:ng monthly payments of prin~ p~l and interest ?equired by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an add~riona! sum esr~mared by mortgagee to be equal to 1/12 of the annual cost of the foliow- ing: A-All real property taaes levied or assessed against the above described real estate. 8-Premiums on fire and windstorm insurance as Ixrein requ~red to be carried on the improveme~ts situate on the above described premises. C-Premiums on such mortgage guaranty ins~rance as mwigsgee shall from t~me to time deem fit to csrry on the loan secured hereby_ i Mortgagee shall from time to t~me notify mortgagor ~n writing of the amount due and payabte hereunder and such sum shall thereupon be due arsd payable o~ the due date of the next monthly payment and each s~ccess~ve month thereafter urti~ mortgagee shall notify mortgagor of a change in such amovnt. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and morigage g~aranty ins~rance ~ premiums. i IN WITNE EREOF he sa' MORTGAGOR has hereunto set his hand and seal the day and irst aforasaid. i I Sipned. 5 1 ~ r i~tpresence of: ~ f ' aQ ~ (Se+4 ~ ~ (Seaq ~ Seaq ~ STATE OF FLORIDA ~ ~ COUNTYOF St. Lucie ~ ~ Before me personslly sppesred Herman E. Bozell ~ I llene B02@ll his wife, to me well known and known to me to be the ind~vidwls described in and who executed the fuegarg instrument, and acknowledged before me that they executed the same fw the purposes ~ therein expressed. And the said I llene BOZell ~ wife ot the ssid Herman E. BOZe Z 1 upon a xpsrate and priv~t~ ~g e~csmi~aYan by me taken separate and apan irom her ssid husband, ~cknowledged to and befors me that she executed said instrument freely and volun- ~ rarily and without any compulsion, constraint, apprel~ension~p~fesr of or from her s / ~ ' WITNESS my h~nd end official seal this day of A D. 19[ o~ ~ / ~ ~ Nmary Public in and fw tFx.St e of F{otidtl'~t Lar~q ~ My Commiu~on expires: - - Retum Ta ` • • " • . ~ Finf federal Savings 6 losn Association ' - . ~ . - O( Fo?t v~erce. MOTApr PU@UC, STATE OF RQRIOA AT ~ ' ' ~ Fort Pierce, Florida MY COMMISSION EXPIRES pCT. 4~ ` ~ ~ONDED THROUGM FRED W. QIESjEL~!}p~~ ~ ~ ` FILED AN~ RECORDED~ _ , _ ~ COUP~TY FLA. . . ^ r!~'t'iJ c.. This instrument prepared by ST. ~UCIE ~ - First Federal Sav. & loan Assn. ~'~'4"-: ;.r'• . .=;.;t~-y f Fo ~ r . 164~`.)1- . - ~ By ' Eg ~ 5 AM t 1: 25 ~ . ~ :~~;i ~~s ~ CI-ER~ ~~~~UIT COURT ~n' , , f ~ eaoK~. ~~~~E ~ ` - - - - - . . _ - ~~..s. s ~ - ~ N. - -