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' ` i ; + ` + * ~ t ~ ~ To pl~cv and oontimio~sly kNp on tM bvildiap~ now a her*~fia ~itwt~ on said land ~nd on +II equipm~ot ~nd ptqan~lly covK~d by thb mortq- , p~, with ~II pr~mivms tMrwn p~id te full, ftr~ te?sur~na ie th~ vswl stendard policy form, in a sum •pprored by ~M MORrGAGEE, ~ad wi~torm tnwranc~ in th~ uiwl stand~.d pol~cy fwm, in a sum approved by tM MORTGAGfE. to wch company oi companies u tM MORTGAGEE may ~ dir~cry and i!1 /1» N+d wir?ds~orm Insw. u+a~ policie~ o~ ~ny of uid b~ild~npa, any iro~rtst therein or part lharaof, in tFr ~ppre9~t~ wm ~for~~aid o~ in uecea lhsrwf, slwll contain tM uswl standud mortya9es clauss a such other CI~Vi~ O~ IIN MO~f~~N IMY ffQYifO. makinp ths lou v~dn ~aid polE cies, esch a~d ~wry, payable b aid MQRiGAGEE a~ its interest may ~ppear, and each and ewry s~ch policy sMll b~ prompNy ~ss:9ned +nd d~livtred w +ny Mld by ~aid NIORiGAGEE ~s fwther secu~ity to s~id monysge debt. ~nd, not leu than ta? !10) dsys in advsnce of the ~xpiration of e+ch polrcy, ro d~- liver to said MpRTGAGEE • re~ew~l thereof, lopethK with a receipt for the premi~m of ~~ch ~enewalJ u~d tFwre shall be no fi~e w wir+dtlam inwranu pl~d on ~ny of ~aid twildirg~, ~ny intere~t ther~in o~ p~rt thereof, vekss in tF+s form and with the lou payabl~ u aforesaids ~nd in tht ~v~wf any ~um of nwMy beca~ws payable ~nder such poiicy or policies said MORTGAGEE shall haw the optioo to rsceivs a~d appty the san~r on accovnt of 1M t»d~bted~ ness sKUrad l~tby or p permit said INORTGAGORS ro~euiw ~nd uss it or any part Ihereof fa onc~r purposes, wi~houf th~reb/ waiving or impair- i~ ~r .w~h. a~~9t?~ a by vinw of this mortpag~s u+d in tM eveot seid MORTGAGORS shall for any reason fail to keep ths s+id p~Nnises w insured, or tai) w d~IivK promptly sny of said policies of inswance ro said MORTGAGEF. w fail prom~tiy to pay fully any p~emium tFwrefor a in any r~~pea f~tl b paform„ discharye, execvte, ~ffecl, complete, comply with u~d abide by th~s covenant, w any part hareof, said INORTGAGEE may pl~p end p+Y for s~d? imu~ano~ or ~ny part thereof without w~ivir?p or sffsztirg any option, tien. equiry. or right under w by vi~tw of thir Matpaye. and the full amovr?t of ~ad~ and twry such psymen? sh~ll be immediately dut and paydbk snd shall bear interest from ths data tfiereof ~ntil~paid ~t tFK ~ats oi nine par r.ntum per ~nwm ~r?d together with sixh interest shall be secured by the lien of this mortaage. To p~rmit, aomrt~it or wffer ~o wuts, imp~irment or deterioration of said property or any paM thereof. S. Yo pay sll snd sinpular the cost~, charpe~ and expenses, i~cluding a r~asonable attwoey's fae and oosrs of abstrach of titl~, inevrred or paid at ' eny fime by ~aid MORiG/1GEE, becavse w in the went of the failwe a? Ihe part of ths said MORTGAGOR ro duly, prpnptly ~nd fully pe~form, d~schargR y execvt~ ~ffect, oanpkte, wmply with and abide by each ar+d every the stipulat~ons, agreeme~ts, conditiont, and covenants of said promi:sory note ~nd thit } mortyaQ~ a~r w either, and said coats, charges a~d expenses, each and every, shall be immediateFy dw and payable; whether a not thers be notice de 1 mand, attempt to tolled p suit pending; snd tM full amount of each and every such payment shall bear interest from the date thereof w?til p~id ~t th~ rate of nine ptr tentum pet aruwm; and all said msts, thuges u+d expenus inturred or paid, togather with s~ch interest, shal! be setured by ths lien of thu j morfpapa ~ b. TMt in the ew~+f of iny breach of this AAortgsga w defa~l~ on 1he part of the MORTGAGOR, or (b) i~ tlie event ~ny of said sums of moe~y ; herein referred to be not promptly and fvlly paid within thirty (30) days ~ext after the same xverally become dve and payable, without dema~d o~ ootite, or (cJ in the ev~ent each and every the stipulafions, sgreements, conditions and covenants of satd pran'isswy note and th~s matga9e any w either ua nd i ~uly. p?ompdy ud fully performed, d~uharged, executed, effected. completed. comptied with a~d ab'~ded by, Ihen in either or any such weM ths wid ~g i pregate wm rn~ntioned in ssid promissory note thtn remaininy unpaid, with interesf xuued, and all mor?eys secured hereby, shall becwne dw and psy~ eble forthwith, a thereafte~, at tl+e option of said MORTGAGEE, as fvlly and comptetely as if all of the said wms of money were o?igirully stipulated to be p~id o~ such day, aeythinp in said promiuory note or in this Mortgage to the ca+trary notw;~hstanding; and thereupon or thereafter at ths option of said MORTGAGEE. witlw~t notice or dem~nd. svit at law or in equity, therdore or thereaiter begun, maY p~~prosecuted as if al! rnoneys secured herebY had matwed ptwr to ib iastitution, . ' 7. That in the event that at the beginning of or ~t any time pending any wit up«+ this Mortgage, w to fweclose iL or M roform it or ro enforu payment of any daims hereunde~, wid AM1ORTGAGFE shal~ apply to the Covrt having jurisdiction thereof iw the appointment of ~ Receiver, s~ch CouM shall forthwith appaM a receiver of wid morigaged property al! a~ tingular, includ~ng all and singular the incort~e, profit;, iswes and revenues from whatever t sourte dsrived, eath and every of which, it 6eing expreuly undersrood, is hereby rrarrgaged a~ if spet~ficalty set fwth and dexribed in the grsnting and ~ habendum dauses hereof, and wch Receiver shall have all the broad and efiective funct~oru and powen in anywiu entruated by a•Courl to • Receiver, ~nd ~ wch sMwietment shall be msde by such Court as an admitted equity and a malter of. absolute right fo said MORTGAGEE, and without reference fo ths adequacy or inadequacy of the wlve of the property mortgaged ur to the solvency w inwlvency o( s+id MORTGAGOR w the defer?dann, and that such• rems, profin, incorne, iuues and revenues shall be applied by such Receiver accwding to the lien or equity of said MORTGAGEE and the ptactice of wch COVff. . - ~ / i & To dvly, prompt(y and fully perform, d'+scharge, execute effect, complete, comply wilh ~nd abide by esch and every the stipulations, agreemenn, ± cortditions and coven~nts in said promissory note and this mortgage set forth. ; 9. That in the event the ownenhip of the mortgaged premises, w any part the?eoi, becomes vested in a penon other tMn the MORTGACaOR, ths MORTGACaEE, its succeuors and suigos, may, without natice to the MORTGAOR, deal wLh sexh succeuor a successor in intaest with reference to this mortg~pe and the debt hereby setured in the same manner as with Mwtgsgw without in any way vitiating w diuhargi~g the Mwtgsgon' liability here- under or vpon the debt hereby secvred. No wle of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE or its successon or auigra and no extension oE tFK time for the paymem of the debt hereby secured given by the MORTGAGEf or its successon or auigns, shall operats to rekase, dixMr9e, modify change ot affect the orginal liab~lity of the MORiGAGOR herein, either in whole or in part. 10. It is specifically agreed that time is of the essence of this contract snd thal no waiver of ~ny obtigafion hereunder or of the obliyation sr cured hareby shaN at any Yane thereafter be held to be a waiver of the terms hereof or of the instrvment secured he?by. • In add~tion to tF~e for monthl nts of rioc' al aod imerest r e4~~^9 Y l~Y~ P R equired by the promissory nple setured hereby and agrees to pay ssg with each monthly payr.~em an add~tional sum est~mated by mortgagee to be equal to 1 'al{ cos~p{,~e tb~(p,N_ , irsg: L. : A-All reat property taxes kvied p assessed agai~s! ribed . ~ ` ; . ~ ~ .O~ ry. ~ B-Premiums on fire and windstorm insurance as herein r ' carn im oveme~ts situate o~ the above=d~r~ ' ' ! C-Premiums on soch mortgage guara r~ce as rtwrtgagee shall from t~me to time deem on the ban ~ °bYi. ~'i , Morfgagee shall from ' ~me notif mort or in writi of tht amount due and r Y 9a9 ~g payable hereveder and s `l~ ~ payable on the d of the next monthly payme~t and each successive month thereafter ur,til mottgagee sha1) notify mo?f~ r~ ; ~ am o u nt, w m s s h a l l b e a p p l i e d by m o r tgagee towar d t h e paymen t o f rea l property taxes, insurance prem:ums, and mor`tsag~~ wns. . • IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year fint aforesaid. ~f`~i., 1~: . Seakd ~nd delivered in the presence of: - ..fd::~:..::~''~ ' - • • ~ FILED AND RECORDED ' ~ S E. IUCIE COUNTY. F~~Y~ ~~.~,q . ' c:F r ~r: " !=f_:f ~ ~~=»-:-=,P~, ~~l~~ ck.n ~ ~~'4~~`~ Attest• , .~i - . - - _ - - - . '69 FEB I 8 AM I I: 56 - . y . -s--- ~TA~'~.~Q~roA?r~ COUNTY OF ST. LUCIE a_ 1;1"~~h:+~ERi`iFY;~at on this 7~~~.OITRAS y A.D. 19 - . , befi~p~~I'y - Edmund M. Radke a,~ _ Doris M. Ra~kp ' G- - respecti~v~l~ _U.~;.~,,r, ~bi~ient ond Secretary ~ of . -.-~=-;~~Ri;. , s FLORIDA Corporotion, to me ; known. ta bi#'111e persoRS described in and who executed the foregoing instrument, and severally acknowledged the ex~ cution thereof to be their free act and deed as such officers for the uses and pursoses therein mentioned; and that they affixed thereto the offidal seal of said corporotion, and the said instrument is th~ act and deed of said corporotion. WITNESS my hand and otficia! seal at Fort Pierce ~ said oounty and state, Notary Public, in and for State and County aforesaid. ` ~S i~nt prepared 6y My Gommission Expires: s~ of flaid~ at Larqe ~irst federal SaY. & Loan Assn. My ~~io~ b~i~ s~t. z3,1%9 Of Fnrt Piar~! ~NM M ~•«w. rr. a c.~.+, c.., Chedced By R~. J. Chastain dnOK ~ ~l5 PAG~ 1G~ f~~ ~ ~ ~ ( _ ~ ~t~ ..H. - . 4"~ ~ ' ~ ~ ~ s,..~._~ 1 _ . y ~ .:s ~