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To plac~ ~od continuously ke~p on tM buildirgs now w Mr~sfta ~ituat~ a+ said land ~nd on ~tl equipmtet ar+d pe~sonally townd by th(~ nwrlp~ ~ y~. with ~II pr~mivrtb thtnoe~ p~id in full, iir~ in~u~+nct in Ihe us~+l ~tandard policy fwm, ~n a sum approwd by IM MORTGAGEE. and windtlonn ;niwanc~ in ~h~ vswl a~arKl+rd pol~cy iam, in ~ ivm ~pp~ov~d by ~M MORTGAGEE, i~ such company o? comp+n~a a tM MORTGAGEE m~y ~ d~nd~ W+d ~II tir~ ~nd windi~wm inwranc~ policies on +ny of aid build~ops, ~ny in»rnt tlxrein o~ pirt tMrwf, in ti» apprp~t~ svm ~fw~said o~ I~ ~xuss tM~wf. sMtl conain th~ uswl sandud mor~gs~e+ clavs~ w such otha cl~us~ ~s th~ Mortps~~e may roqvu~. nulirq tM Iou vndK said po1F c:a. ~ach and ev~ryr. paY+bl~ ro said MORTGAGEE u in intereat may ~ppssr, and each and ewry ivch policy ~hall b~ p~omp~b ~si:yn~d +nd d~tiwred ro ~ •ny h~W by wid MORTGAGEE as twtl+N s~cv~ity to ~aid matp~ye deb~, ~nd, no~ leu th~ t~n (10) days in ~dvar+c~ of tM ~xpir~tion of ~ach policy. to da ~ IivN ro~aid MORTGAGEf a re~?~wal tMrwf, to~e~Mr with • ~eu~pt fw the p~emiwn of ~uch renewal; a~ui tAera st?itt be ca firo o? wMdero+n+ Haw+nc~ pl~ad an ~ny of aid bvild~rgs. ~ny ioterat t1+K~in or p+n thsrwi, unka io the form'and with tM lou p+ysbl~ u afonsaidj and in th~ ~vent ~~y sum ~ of maNy becanis WY+bI~ vndK wd' PakY o? Po1K'K sa'd MORTGAGEE shall Mw ~M optian ro ~eceiw and ~pply tM s+rn~ on +cca+ro o1 tM indebad~ ~ n~sa y~cvr~d M?~by p b pKmit said MORTGAGORS fo reteiv~ ~nd us~ 11 w any part thercof 1w othcr purposes, wilhouf thereb/ waiviny W impair• ;np any puiry, litn or righl ~x~de~ or by virtw of this mort~ap~t and in tM ~vtnt wid MORTGAGORS thall fw ~ny rNwn fail to keep ths uid pr~mises so ' insu~ad, w fsil b d~liwr ptomptly ~ny of qid policies of ietunrw ro said MORTGAGEE, w fail promptly to pay fvlly ~ny premium ther~fp o~ in any ~ respM f~il b pHfocm, diuMr~e. ~ztcut~, ~ffecf, compl~te, comply with ~nd abid~ by thls covenant, or any part heteof, said MORTGAGEE may plaea +nd paY for tuch ie~swanc~ or any put tMreof without wahrinp a aff~ctug ~ny option, li~n, equity, or riyht under w by virtw of thii Mort~+p~. +nd tM full amoue~ of each u~d ewry wch WYment shall b~ imned'ately dw and p~y~We and shall beu lnterest from ~M dat~ ther~of vntil p~id ~t tt+~ na ol n~n~ pK ca+tvm pN anewm ~nd together with uxA intaest shall be ucurod by the lien of Ihis mwty~ye. 1. To pKmit, conwnit a wffN no w~st~. impa'ument w deterioration of s~id property w any puf ihe~eof. S, Tp pay ~II and sinpuls? the tosts, th+rqes ~nd expenses, includirp + re~son+bl~ attomey i fee and costs of ~bstncts of titls, incuned or paid ~t eny timt by aid MORTGAGfE, because or in the svent of ths fail~re on th~ p+rt of tA~ ssid MORTGAGOR to duly, prompNy ~nd fully pafo~m, d~xharge, execute. ~ffect. compk~e. complY with and ~b~d~ by ~ach and every the stip~l~tioeu, ayreements. conditio~s, and coven~nts of aid promisswy ewt~ ~nd thw maty~~ ~ny or ei1hN. u~d sa~d cosn, d+arpes u+d ~xpernes. each and evMr, sMll b~ immediately due and psy~bk: whether or not ther~ b~ notki ds mu~d, an~rtipt ro oolkct or wit pend7rgt and /hs fvll Meiount-of-esch and averY such piym~nt-ahsll bsa~ Inte~~it from tl+e d+te thereof until paid ~t the rata o~ nine per centum pet sn+tium; ~nd a!! said cbsri. charget and expensts incw?ed or paid, toqether with svch intsr~st, shall b~ setured by tM li~n of tha ~9+C~• A. T!sa! ;s) in the evenf of aay breach of this Mortpap~ or default on t!r part of the MORTGAGOR, o? (b) in the ~ve+~t ~ny of ~id wms of maKy hrrein r~fe?red to bs not prompny and f~lly p~id within thirty (30) dsys nex~ ~fter tht same seve~~tly becane dve +nd payabk, without demand or notice. or in tM event each u~d wery the stipulsYans, sgreemeMS. conditions and covenants of said promiuory note and tAis morlp+pe anr w eiths+ ~r~ not iuly, promptly and fully pe~fwmed, discharged. exetuted. effected, tompleted, comp~ied with and abided by, then in either o? snr tc;~!? arrant the said ap~ preast~ sum mcntioned in said prom~uory note then remaininp vnpaid, with imerest sccrued, and all moneys secvred hereby, shall beeome due and p~y- •bte forthwith, or tF~eaher, st th~ option of said MORTGAGEE, ai fvly and compl~tely as if all of the said wms of mon~y we~e oripinally stip~tated ro be paid on s~d+ day, ~nythinp in ssid promluory note w in this Mortgage to the conrrary notwi~hstsnding; ar+d thereupon w thereafter ~t the op~ion o~ said INORTGAGEE, witho~t ratice w dem~nd, suil at lawr w in equiry, therefo~e a thereaite~ begun, may be prosecvted as if all moneys secur~d hereby nad mawred prwr ro~n insrirurio~. 7. ?M~ in ths event that at the beginning of o? st ~ny time pending say suit ~po~ this Mortgsge, w ro foreclose it, w ro reform it, or to enfwc~ paym~nt of any claims he?eunder, s+~d MORTGAGEE ihall apply to the Court having jur~sdKt~on thereoi fw the appo~~tment of ~ Receiver, such Court sMll forfFiwith ~ppoi~t a:Keiver of said mortgaged property all and singular, includ~ng atl ~nd aingular the income, profiri, issues ~nd rove~?ues from wbatevc? source derived, each and every of which, it beirg expressly ~nderstood, is hereby mortgaged u if specifically set iorth snd destrilxd in the ~ran~ir?g ar+d habendvm clauses hereof, a~d svth Recciver shall have atl the broad and effective functions arxl powtrs in anywise entrustcd by a Courf to + Receiver, ~nd ~uth sppoinlment shall be made by such Caxt ss an admitted eqvity and a matter of absolutr right to ssid MORTGAGEE, and withouf teference to the :dequ~cy a in+deqvacy oi the vslue of the property mw~gsged w to the wlvency w insolvency of ssid N10RTGAGOR a the defendann, and that such ~ rortr~, profib, income, iss~?es snd revcnves shall be applied by such Receiver accordiny to the lien or equity oi said MORTGAGEE and the practiu of sucA Court. - 8. To duly, p~ompNy and fully perform, diuhsrge, execute, effed, complete, comply with and abicle by esch and every the stipulations, ~greemenri, ~ conditions and coven~nts ~n said promissory note and this mortgsge set forth. 9. TMt in the event the ownership of the mortgaged premises, or any part thereof, becanes vested in a penon othe? ths~ the MORTGACaOR, tF+~ MORTGPf-`_f, I'a =_=_~cetson a~d assigns, may, without notice to tF~e MORTGAOR, deal with such successor a successw i~ interest with reference to this r~~!yage and the debt hereby secured in the ssme manner as with Nb~tgagot without in any way vitiatiny or diuhargirg the Mortgagors' liability here under w upon the debt hereby setured. No sale of tFx Fremius hereby morlgaged and no forbeararKe on the part of the MORTGAGEE w its sutcessors or assgnt and no eztension of the time for the paymcm of the debt hereby secured given by the MORTGAGEE or its succeuors or assigns, shall operate to releas~, d~xharge, modify charge or affect the original liability of the MORTGAGOR herei~, either in whok or in pa?t. 10. It is spec~~ically agreed that time is of the essence of this contratl and that no waiva of any obligaYan hereu~xler or of the obligation se- n,red hercby shall st any time thereafter be held to be a waiver of the terms hcreof a of the irntrument secured herby. it-~ iteon to the faego:ng monthly payments of princ:pa~ and interest required by the promiswry note secured hereb or covenants ~ and sgrees to pay to ee with each monthly payment an add~rio~al sum estimated by mortgagee to be equal to 1 e annual cost of the follow- i ng: A-Alt re~l property taxes levied or assessed agai~st ribed real . B-Premiums on fire and windstorm insurance as Ixrein requ~r carried on t ~mpro he above described premises. C-Premiums on such mortgsge guaranty ins mortgsgee shall from time to time deem fit to carry on the ban s hereby. Matgagee shaH from time t tify mortgagor in writing of the amount due and payable hereunder and such sum shall thereu e due and payabk on the due da ~ next monthly payment and each successive month thereafter ur,til morfgag shsll notify mortgagor of a thange amount. shall be app~ied by morigagee toward the payment of real property taxes, insura prem:~ms, a gage guaran rance ! IN WITNESS WHEREOF, the ssid MORTGAGOR has hereunto set his hanil and seal tix day e;r fi sf ~ Sg~~'~;~+d d5l~vero~ in the Wesence of: : ~ 6 ~i~1N ~q ~ E ~ n i ~ - n ; ~ sTa.e oF Fioai~n St. Lucie ~ ~ couNn oF e.f«e n+. p.non+~~y +pp..rcd Hoyt C. Murphy DOlOthy E. MtlZptty his wife, to me well keib~ivo ~nd•krq`v~n,to me fo b~ the individi»!s dtscribed in and who executed the fwepoiny instrument, and ~cknowledged before me that they exstLited~tl~„yy~ie ~fw;tl+t pwpwes rhe«~~ .xpre,,.d. Ma rh. a~ Dorothy E. Murphy ' Hoyt C. MurPhY •r:~ a~xl ~~a~. ~ arif~ of tFM Nid ~ep'? ~R pi ~ exNniMtiOrl by me qken separate and apart (rom her said h~sband, acknowledged to ~nd befwe me tF~at she execkied ~id {waNym~nt friely arid_volurr = ~ ~ar~ly ud w~thovt upr computian, constr~inr, apprehsns~on, w feu of or from her aid husband. : y;~` - t WITNESS my hand ~nd official seat this J~'~,~~ d~y of `JUl ,Q. Ig. 68 3 _ - , No ary Public in and fw the ~t~ of F{qt' ~[p~ " Comcnissiw? expires: ~ . . ~ Return Ta. F1lED AND RECORDI~! ~ F~..~ F.d«.i s.~~~. a~o,~ ~?..«~ar~o„ SS. L'UCIE COUNTY. FlA• Notary PubCc, Sube ot Raida at Luqe ot Fo.~ a,~,«. s. ^ r, -~~'r r; :A~ Commission Expires Sept. 23. 1969 ~ fort Yierce, Florida 1~~~ y~~ iw ~ ~ ~ '68 ~ 6 ~ ~ 2~ . ~ ~ This instrument prepared br First Feder~l Sav. ~ loan AssN. ~ ot Fort Pierce ~tEF2K CiRCUIT COUR7 ~ By John W. Collins ~ ~ ~ aoQK 172 P~ 219z , ~ ~ ~ ,e~ 4~~ _ _ _ - ~t~ ~