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To plac~ and continuously keep on the ~uildinyi ~ow or here~iter sltuate on sa~d t+nd and on +11 equipme~t ~nd penon~lly tov~red by Mii ntortp~ +gs, with all p?emiurtu thereon p~~d in full, tire insurance in th! usual itandard potity fam, jn • sum •pproved by tFN MORiGAGEE, and wind~tam Insur~~ce In ths usual ~~andard pol~q fam, tn • ium approved by ~h~ MORTGAGfE, in fuch comp~ny or ~ompania +s th~ MORTGAGEE may ~ dirM; ~nd all fir~ and windatorm insurance policies o~ sny ef taid bvild~~ys. ~oy iote~esl tF+erein o~ part thereol, io tM apgreg~te wm ~fptNid w In ~xcest lherwi, tMll contsin the uswl ttandard mortgagee tlsuie or tuch otha c~auss ~t tM Matgages may reqv~r~, m~~inp 1M los~ under said poli~ ~ ci~s, each and evNy, payable to said MORTGAGEE a its intere~t may appear, and each and eve~y :vch policy shsll b~ or~ptly ~ss:9ned ~nd delivered ~o j any hsld by said MORTGAGEE ~a furrhu security to iaid mw~gage debt, and, not less than ten (10) days in advance of fF~T~xpiraHon of esch policy, to da ~ IivN lo said MORTGAGEE a renewal thereof, ~o~e~her with a rece~pt fw the premium of avch renewat; and ~here shall be no fire or windiro~m intu?ance ~ plxed on ~ny of said buildirgs, any i~tereit therein w pa?t thereof, ~nleu i~ the form'snd with the lou payabte as sfaei+id; u+d in the event any sum of mon~y becanet p+yable u~der such poticy a policies said MORTGAGEE shall have the option to roceive and apply tM same on account o1 the indebted- ( net~ setured hereby w to permit said MORTGAGORS to receive and use i1 w+ny part therrof tor o?hcr purposes, wi~hout tha~eb~ wa~ving o~ ~mpair- ing sny puity, lie~+ or ri~ht ur?de~ or by virtw of this morspage; ~nd i~ 1M event sa~d MORTGAGORS shall fw sny reasa? fail to keep the ssid premiia w ~ insured, o~ fail to deliver promptly ~ny of said polities of insunnte fo ssid MORTGAGEE, w fail promptly lo pay fully any premium therefw w in ~ny respect fail ro perfam, discharge, execute, effect, complete, comply with ~~d ab~de by this covena~t, a any part he~eof, said MORTGAGEE may plsce and : pay fa such insurance or a~y part thereof without wsNinp w ~ffecting snr option, lien, eq~+ty, o~ right under w by vi~tw of this Matgage, and the full amouol of each ~~d ~very tuch payment shall be immediately dw a~d payable •nd shall be+r interest from the dats theroo( until paid a1 th~ rate ot nine pet centum per anrtum and to~ether witA such intaest shall be secured by the lien of thii mortg~ge. 1. To permit, tommit or suffe~ no waste, impai~ment or deterioration of uid property or ~ny p~A thereof. S. To pay all and sinyular the <osts, charges and expenses, ~nclud~ng a resson~ble attwney's fee and costs of abstracts of titte, incurred w psid at any time by wid MORTGAGfE, because or in the event of the failure on the part of the said MORTG~~'^R to duly, p~omptly and fully perfwm, d~scharqe. executa, eifect, camptete, comply w~th and abiJe by exh and every the ttipulateons, agreemenq, cond~tions, snd mvenann of sa~d promi:sery note and thls mortgape any or eithe~, and sa~d costs, charges and expentes, each and every, shall be immediately due and payable; whethe+ w not there be notice d~ mand, ~ttempt to colktt w suit pending; and the full amount of each and eve?y i~ch payment shall bea. intere~~ from the date thercof until paid at the rate of nine per tentu .r per amiurn; and all said costs, chsrges and expenses inturred or paid, together w~i;? such interest, shall be secured by ths lien of fhw motty~e. a. That (a) in the event of any breach of this Mwtgsge or default on the pan ot the MORTGAGOR, w(b) in the event ~ny of ss~d sums of money ; herein refe~red to be not promptly and fully psid wifhin thirty (30) dsys next after the same severally become due and payabk, without demand or notice, or (c) in the event e~ch and every the stipufations, sgreements, conditions a~d covenants of sa~d promiuory note and th~: matgsge any w either are nol iuly, promptly and fully performed, d~xharged, execvted, effected, completed, compl~ed wi~h and abided by, then i- eiiF~er or any such ewnt tM said ag pregat~ sum mentaned in said promiuory note then remaining unpaid, with imerest accrued, and all moneys secured hcreby, thall Ixmme dve and psy- able fwthwith, or thereafter, at the oprion of said MORTGAGEE, as tully and completely as if all of the said sums o1 money were originally stipulned to be pa~d on s~ch day, anything in sa~d prom~ssory oote w in this Mortgage to the contrary notwithstanding; and there~oon w thereafter st the option of said MORTGAGEE, withoul notice w demand, suit at law ot in equity, therefore w thereatter begun, may be prosecuted as if all rtwneys secured hereby htd rtwtured pnw to its institution. i i 7. That i~ t!?e event that at the beginning of w st any time pending aoy suit upon this Mortgage, w to fweclose it, w to reform it, or to enforce payment of any claims herrunder, said MORTGAGEE shall apply to the Court F~aving ju~~sd~ction ~hereof for the appo~ntment o( a Receiver, such Coun shall ` fortFiwith appo~nt a receiver of said mortgaged property all and singular, inclvd~ng all and sinqular the income, profits, iuues and revenues irom whatever ! source derived, each a~d eve~y of which, it being expressly understood, is hcreby mortgaged as if specifically set fwth and detcribed in the graniing and habe~dum clauses F+ereof, and such Receiver shall have all the broad and effecrive functwns and powers in anywise entrusted by a Court to a Receiver, and •uch sppointment shatl be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to ths adequacy or inadeqvacy of the value of the property mortgaged or fo the sowency or insolvency o( said MORiGAGOR o~ the defendants, and ~hat such , renrs, profiri, incwne, iss.xs and revcnues shall be applied by such Receiver accordin9 to the tie~ w equity of said MORTGAGEE and the p?actice of tuch ' Court. 8. To duly, promp~ly and fully perfwm, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, condiYwns and covensnts in sa~d promissory note and this mortgage set forth. 9. Thst in the event the ownenhip of the mortgaged premises, a any pa?t thereof, becomes vested in s person other than the MORTGAGOR, ths MORTGAGEE, its successws and ass'~gns, may, without norice to tl~e MORTGAOR, deal with auch successor a successa in interes+ wi~h reference to this mortg~ge and the deb~ hereby secured in the same manner as with Mortgagor withouf in any way vitiating w distha~ging the Matgagors' liability here- ` under o~ upon the debt hereby secured. No wle of the Fremises hereby mortgaged and no forbearante on the, part of the MORTGAGEE w its successws ; or assigns and no eztensio~ of the time fw the payment of the debt hereby secured given by the MORiGAGEE or its successors w ass;gns, ahal! operate ro releax, distl?arge, modify change or affect the wiginal liability of the MORiGAGOR herein, either in whole or in part. 10. It is spec7fically agreed that time is of the esur+ce of this contract and that no wsiver of any obligatlon {xreunder or of the obligation sr n.red hereby shall st any time thereafter be held to be a waiver of the terms hereof w Of the instr~me~t secured F~erby. 11. In ~ayments-~~s~~i-awd-iwtHect-;a~+KOd--bY - i}w--P~om;uory..no+o sxwad heraby, mortgsgor covenants an~ mowthlY~+y~'~e^}a~?-ad~:~ie~aL-s~Mn-es?~a~a~ed-by mortgage~b be equat-to 1~i2 ei 11x annual co~t of the 4o11ow-• i^4r r A- ea1 esta~. to-brearried orr-1he~rnpreve~ne++b a+wae~-en-~e-abeve desa~bed premises. ~arant~r-i«su~a~ ~re~++-?+mr -on-~-t+errby. ~ m,; :yay.. ti u f * i .,~,r(y_mnctgar~nc~ y"*' g~s4!ba ou,.. a..~ ..a ~?.~e tv.~....,~e. ...~ti .ti~u be due arid ~ pay -r++ortfk-fhe+esf~er-vntil n-s~rleJeger}#?°M twfif~r-*^o*t4agor-o~a-c}*ms9~in zuth . . -~e+oMgege-~aererM~r insvrsnte i ; -p~la~NnM- ~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto ut his hand and sea~ day and y firsf aforesaid~ i 3 ' ned, Sealed and livered in the presence of: ~ - ~ ' ~~,~1 ~ ~'~`~t ~n ~ ' cxer~ t ltJ ~ a ~ ~ ~ ts~+~ ~ CJ~Yno erolaW . La~/ " ~ (Seaq ~ . S?ATE OF FLORIDA ~ Saint Lucie ~ u- couNn oF ~ Befwe me penonally appeared Theodore 4:. Latccaitis ~~d ~ Dorothy E. Latwaitis his wife, to me well known and krtown to me fo be ~ the indiridwls described in and who executed tFie foregoirg instrument, ar?d acknowledged before me fhaf ihey executed the same fw the purposes rherein expressed. And the said Dorothy r:. Lativaitis ~ wife of tM said Theodore R. Latcvaitis upon a separate and private examination by me taken separate and apart from her said husband, acknowledged to and before me that ~he executed said instrume~t frtely and volun- tarily and withot+t ar~y compulsion, constraint, apprehension, ot fear of w from he~ taid husband. ~ WITNESS my hand snd official ieal thi~ ~-3 day of i•iarch A D. 19G8 ~ ncnY~f{~Lt: ~ ~~v~~- FI~ED APlD RECOR~---- $T. LUC~E COUFJTY. ~LA• Notary Public io and for the State of Florida ~t L+rge ^r ~ ` ^ My Commis~ion expires: - Retorn Ta: t'~= f~ - ~ Fint Federal Savings ~ loan Assoc~at~on NOTARY PUBLIC. STATE ot FLpRIDA at up~ " Of fort P~erce. MY COMMI~.;ION EJ(FIRES MAY !0, 1969 r~~ ~ - fort Dierce, Florida ,68 ' Q A11 ' I~ Z' rowaaD TM~ouaM /R[D W. OIL~7tlNOR~T ~ x, n= ' 1 r - re aredb! ~-_y-• - . - This instrument P Loan As~• . ~ ~ ~ ~ ~ ; P `.s deral Sav. & ' - - ; . EI(St F CLERK CIRCUIT COURT , o f ort P~ ~ ` . ~ . , . ~ . _ - . B~ BOOK 1r/ O PAGE~9O2 ~ ck ; ~ - ~ ` ~ `'_.~4 r . _ ,