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To plsc~ ~nd continuously kesp on tF~ bi,i!dir~~ now o~ hereaftM utwt~ on ss~d land and on ail equipm~nl and pe?wnaUy cava~d by thi~ mwty- sp~, with ~II prfmiumS iM~lWf pa~d in fu!!, fir~ insv~anc~ in ths ususl i?andard policy fwm, i~ ~ sum app~oved by the MpRTGAGEE. ~nd winditam i~qw~~ in tl+~ ~swl ~tandard policy fam, in ~ sum ~pproved by th~ MORTGAGEE, in wch company a companies as th~ MORJGAGEE m~y dinctj and all fG~ and wii+dstorm inswencs poiicie~ on any o( said buifd~npa, a~y i~tenst the~ein a pan thereof, in ths ~9rey~te wm ~foresaid ot In excess thereof, sMli contain ths ~~wl staodard matgagee ciauss or avch other clause as ths H1ort9ayee may rcqvi~~, makinp IM lou unda ssid poli. ti~s, ~sch ~nd ~wry, payab~~ ro sa~d MORTGAGEE »~ts inte~est may ~ppear, and each and svery such poiicy ~hail be prampdy ass:9ned and de~ivmed to ~ny Mld by ssid MORiGAGFf as turther ~ecurity to said mwtgage debt, and, eot leu than te~ (10) days i.? advance of the expiratan of each pol'~cy, to d~ IivM to aid MORTGAGEE a renew~l tF+ereof, topethet with a rece~pt fw the premium oi such renewal; and there shall be ~o f~re o~ windstorm insur~nc~ plaoed on a~y of said twildings, a~y imereit therein or p~rt thereof, untess i~ the form and with the loas payabk as ~faesaid; and i~ th~ went any sum of nwney becomes payable u~der sucA poticy or policies said MORTGAGEE shall have ~he opt~on to receive and apply the same on account of the indebteo- Mu secvred hereby or to pe~mit said MORTGAGORS 1o receiv~ and u~e it or any part thereof fa oshcr purposes, w~iho~~ tha~eb~ waivi~y o~ unpair- inp any puity, lien or right vnde? a by' irtue of this mor:ga9es and in ths event sa~d MORTGAGORS shalt tw any reason iail ro keep the ia~d p?emises so Insured, or f~il b deliver promptly any ~f said polities of insurance to ssid MORTGAGEE, or fait promptly to pay fully ~~y premium therefor a in any r~speet f~il to pa~fwm, discharge, exec~te, effect, tomplete, comply with and ab~de by thit tovenant, or sny pa.? Ae~eof, said MORTGAGEE may place and p~y fpr such irouranc~ ar +ny part thereof without waiving w affetting ~ny opt;on, Iien, equity, or rlght under or by virtue of this MatgaQ~, and the full ~mount of each aod ewry such payment shall be immediately due and payable and sha(1 besr interest from the date thereof vntit pa~d at the rat~ o! nine per centum per annum and togethe~ witA such inte.est shali be secured by the liee~ of this mwtgsge. 1. To permit, oommit or suffe? no waste, impai~ment or deterioratia~ of said properry or any part thereof. 5. To pay sll and sir+gulu ths costs, charges a~d expenses, inclvding a reasonable sttorney's fee ar+d costs of abstracts of title, incvrred or paid al ~ny time by iaid MORTGAGfE, because w in the event of the failure on the part of the uid MORTGAGOR to duty, prompNy a~d fvUy per(arn, d~xharge, ~xecufs, efien, tomplet~ compty with and ab:de by each and every tF~e stipulations, agreemenri, conditions, and covenants oi said ~xomiswry note and ~hii mortgaqe any or ei?1~, ~nd sa;d cosn, charges a~d expenses, each and every, shall be immediately due and payable; whether o~ not there be notice de- mu?d, attempt to collect or suit pending; and the full amount of each and every svcb payment shall bear interest irom the date thereof until psid al the rate of nine per tentum per am~um; and all said costs, charges and expenses incurred ot paid, togelher with suth inttrest, sha{I be setured by the lian of thii mortp~. 6. That (a) in the event of any bresch of this AAwtgage a defautt on the part of the MORiGAGOR, w(b) in .the event ~ny of satd sums of n+or?ey herein referred to be not promptly and fully paid within thirty (30) days next after the same severatly become due a~d payable, wi~hout demand or notice, w(~ in the eve~t each and eve?y the stipulations, agreemcnts, cond~tions and covenants of sa~d promiuory nota and th~s mortgsge any w either are no1 ~uly. prompNy and fully perfamad, d;sc}?arqed, executed, effected. completed. compl~ed with and abided `ay. then in either a any such event ths sa:d aQ~ preg~te wm mentaned i~ said promissory nore then remaining unpaid, with intereit accrued, and all moneys setured Ixreby, shafl betome dve and pay- eble fo~thwith, w thcreafter, at the option of said lNOR7GAGEE, as f~lly ard completely as if atl of fhe sa;d wms of rtwney were originally slipulated ro be paid on such day~ a~ything in said promissory note or in this Mortgagt to the tonlrary notwithstandi~ig; and thereupon or thereaher at the option of said MORTGAGEE, without ~otice w demand, suit at !aw or in equity, therefwe ot thereafter begun, may be prosecuted es if all mw~eys securet! hereby IWd mafvted p?wr ro ib institufion. 7. That in the evenl that at the begionirg of or at any time pend~ng any suit upw+ this Mortgage, w to foreclose it, or to reform it, w to enforp psyment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisd~ctio~ thereof for the appointment of a Receiver, such CouA shaN farrhwith appoint a rete+vet of said mo~tgaged property a1) and singular, inclvd~ng all and singulM the income, profits, iuves and revenues from whatevtr source derived, each and evtry of whKh, it being exp~euly unders~ood, is hereby mortgaged as if specifically ut fath and described in the pranting and habendum clauses hereof, and such Receiver shall have all the broad a~d effective funcno~~s and powers in anywise ent~usted by a Cou?t to s Receiver, and suth appointment shall be made by svch Court as an admitted equity and a matter of absolute right to said MpRTGAGEE, snd without re(ererxe to the adeqoscy or in~dequaey of the value of the property mortgaged w to the sotvency w insolvency of said MORTGAGOR w the defendann, and that such renrs, profit~, income, iuves and revenues shall be applied by such Receiver accwding to the I'~en or equity of said MORTGAGEE and the practice of such C~eut. - 8. To duly, promptly and futly perform, discharge, exccute, effect, co~kte, comply with arul a6ide by each and every the stipulations, a9reements, ConditioM and covlnenK in said promissory nore and this mortgage se~ fath. 9. Thal in tAe event the ownenhip of the mortgaged premises, or any part t{xreof, becomes vested in a penon olher thsn the MORTGAGOR, the MORTGAGEE, its successors and assigrts, may, w;thouf ho~;ce to the N10RTGAOR, deal with such successor or successor in interest with reference to Ihis mptgage aad tf~e debt hereby secured i~ the same manner as with Mortgagor withouf in any way vitiating d dixlwrgirg !he Mortgagors' tubility hera. und~r or upoe the debt hereby secured. No sale of the premius hereby mortgaged and no forbearante on the part of the h~ORTGAGEE or its successors or assigns and no eatension of the time for the payment of the debt hereby secured given by the N{pRTGAGE~ or its succeuors or ass~gns, shalt openta ro ~ekase, d+"scharge, modify change a affect the wiginal liabil~ty of the MORTCAGOR herein, either in whok or in part. 10. It is specifically agreed that time is of the esxnce of this contract and tha! no waiver of any obligation hereur~der w of tha obligation se- cvred hereby ihall at any time thereafte? be held to be a waiver of the terms hereof w of the instrument secured herby, I1. In add~tia~ to the forego:ng monthly paymeNS of p~inc'pal and interest required by the promissory note secured hereby, mortgagor mvenants and ag~ees to pay to :no:igagee wiih each monthly pay.nent an addirional sum estimated by mortgagee to be equal to 1 j 12 of the annual tost of the follow- ing: A-A~1 real properfy faxez lev~ed or assessed agai~st the above deuribed real estate. B-Premiums on fire and windstorm insurar.ce as herein requ;red to be carried on the improvemenfs situate on tiie above desuibed premises, C-P~emiums on such mortgage guaranty insurance as mortgagee shail f~om ume to time deem fit tA carry on the ban secured hereby. • Mwtgagee sha!1 from ~ime to tim~ notify mortgagor in writing of the amount due and payabte hereunder and such sum shal) thereupon be due and Fayable on the due date of ~he next monthty payment and each successive month tf~ereafter ur,til mertgagee shalt notify mortgagor of a char+ge in such amou~t. Such sums sF.all be applied by mwtgagee toward the paymenf of real property taxes, insurance p?em:ums, and morfgage guara~ty insu?ance premivms. IN WtTNESS V'~HEREOF, the said MORTGAGOR hss hereunto set his hand and seal the day and~~ fi aforesaid, . Se and de ' ed in the presence of: ~ ~ ~h h . Seah STATE Of FIORIDA ~ cour~rtr of _ St . Lucie defote ms personatly appeared Bdward H. $t1111V1I1 and .jbdll P. $111~1V~1 b;s wife, to me well known and known to m~ to b~ the individwls desciibed in and who ex«uted the fore9oirg instrument, and adcnowledged before me that they executed the same fo~ the pvrposes N~erein e~cpressed. Md the sa~d .J08I1 P• SLi1~1VdT1 wif~ of tM ~aid Sdwazd I{. $11111V3ri upon e sepuate and pr'rv~t~ examina~~on by me taken separate and aput from her said F~usband, aclcnowledged to and before me that she executed said insu~ment freely ~nd volwr tarily ~nd w~thout ~ny compulaia+, constraint. ~pprehen~~on~r fear of a trom her said husband. WITNESS my hand and off;cial seal this_ day of ebruar A. D. 19 69 Notary Public " a~d (w the Statt of Fbrid~ ~t t~rpe My Commiss tapires: ~c 6' / Q'' Retum T6: ~ • ? Firq F~dtrd Savinps i lo~n /lssociat~on ' of Fo.t v,e:ce. ::`~'c',•r. .~otary HuWx. SUte ot FlOridi at Llrq! ~.e oK.«. F,«~da i~1? Conwiesion ,E~pi~ AW 6. 1971 . Mu.~ M 6r.d~~ tii~ ~ Srirh 4 .~l ••V• , ~ ` . _ ~ :.ii} .,i'~1~ h~~.Qf:r~r This Instrument Prepared By - ~ l.U~l~ i;~[~~?v ; First Federal Savings 6 Loan Association ~ _ ~ - r~cc~i ,'Ff;1i Of FO?t Pitrte ~ t r ~ . Checked By Thomas A. Dziscoll _ - . ' - t, r _3 L _ . j ~ ~ . 3 ~1i~ FO~tr~ r'V?1 ~t~;~, - C~ERK CIP,CU! i CQUHT - ~ soaK i 75 ~'AGE 299~ 1'75a"~ r _`t ~ - - t~ , , - - - v~ ~ - _ _ . _ _ _ _ ~ r~~