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To pl+c~ and continuousty keep on the bvildings now w Mreaft~r situat~ on said land ~~+d on all equipment ~d p~rwnslly covered by this mort~ ~g~, with ilt premiums thereon pald in tull, fire insurance in ihe vsuai siandard pol~cy form, i~ a f~m approYed by tlis MORTGAGEE. +-~d windstorm insuranc~ in tM v~wl uandard potiq fwm, in a sum approved by ~he MORTGAGEE, in such company or companies as tht MORTGACsEE may dirMt u~d all fir~ u+d wind~torm iniura~+ce polKies on any of said build~n~s, any interes~ therein or part ti?ereof, in ~he a99rey~te svm afor~said w In ~xct» the~eof, sAa~l contain ~he usual standard mor~gagee clauss w such other clause +s the Mwt9agee may requ~r~, making the lou unde~ said polF cies, each ~nd avery, paYabls ro said MORTGAGEE as its inlereit may +ppear, ~nd each and evay tuth policy ihall be promptly au:yned a~+d de~ivered to •ny held by said MORTGAGEE as (urther securiry tu ssid mw~yage debt, a~d, not leu than ten (10) days in sdvance of the txpi?ation of each policy, to dr liver to said MORTGAGEE a renewal the~eof, toyethet with a reteipt fw the p~emium of such renewal; and there shall be no fi~e w windstam insvr~nce pl~c~d on a~y of sa~d buildinps, any interest therein or par~ ~he*eof, unleu in the (orm and wi~h the loss p~yable as aforeiaid; and in the ~vent ~ny sum of moewy becanes paYable undN tuch policy or po~~cies said MORTGAGEE shall have the optton to receive and apply ihe same on accouM of the indebted- ness setured hNeby w to ptrmit said MORTGAGORS to reteive and use it a any part thereof for osi.e~ purposes, wi~hout thsr~b/ waivi~ig or unpair- inp ~ny equiry, lien ot ri9ht under a by virtue of this mo:tga9e; and in the event sa~d MORTGAGORS shall fw any rcason tail to keep the iaid premises so inavred, w fsil 1o deliver promptly sny of said policies of insuronce to said MORTGAGEE, w fail promptly to pay fully any premium therefw or ie+ anY raspect fail ro pafonn, discharge, execute, effect, complere, comply with and abide by this covenant, or any pa.t hereof, iaid MORTGAGEE msy place and pay for svth inwranc~ or any part thereof withovt waiviny w affecting any optia+, lien, equity, or right undet or by virtue of this Mwlgags. and the full amo~nt of each ~+d ~very such payment shall be immediately due and payable ~nd thall bear interest from tho date thereof u~til paid at the rat~ oi nine per cer?tum per +nnum and to~ether with such interest shall be secured by iF+e lien of this matgage. 1. To p~rmit, tommit or suffH no waste, impairme~t or deterio~atia? of said property w any psrt thereof. S. To pay all ~nd singular the costs, chuges and expenses, including s reasonable attorney's fee and costs of abstracts of title, inc~ned w p~id at any time by said MORTGAGEE, because w in the event of the failure on tfx part of the said MORTGAGOR to duly, promptly and fully pe~form, d~xharge, execute, effect, campkte, comply with and ab:de by each and eve:y the stipulatio~s, agreements, conditions, and covenants of said p~om~cory note and thu mortgaye a~y or eithe~. and said costs. charges and eapenses. each and every, shall be immediately due and payable: whetAer a not there be notice do- mand, attempt to colkcf w suit pend~ngt a++d the full arta~nt of cach and every such payment shall bear interest irom the date thereof until p~id at the rate of nine per cent~m per aruwm; and all said costs, charges and expenses inturred or pa~d, logether with suth interes4 shall be ucured by the lien of thi~ mwfps~. b, ?hat (a) in the event of ~ny breach of this Mortgage w defautt on the part of the MORTGAGOR, or (b) in the event eny oi said s~ms of money herein referred to be not promptly and fully paid wi~hin thi?ty (30) days next after the same severally become due and payable, without dema~d a ~?otite, ! or (cJ in the event each snd every the stipulations, agreements, co~ditions and covcn~nts of sa~d promisso~y note and th~s mortgsge any w either are no1 ~ ~uly, promPNy and fully perfwmed, d~scharged, executed. elfected. completed. com~Led wifh and abided 9y. then i~ either w any such event the wid ag i gregate wm mentioaxd in said promiuory note then remaining unpaid, with interesl accrued, and all moneys setured hereby, thall betome due and psy- ; able forthwith, or thereafte?, at the option of said MORTGAGEE, as fully and comple~ely as ii all of the said s~ms of money were o?iginally sripulated i to be paid on svch day, anything in said promiuwy note or in this Mortgage to the contrary notwithstanding; and thereuport w thereafter at the option of ~ said MORTGAGEE, witho~t notice a demand, suit at law or in equity, therefore or thereafter begun, may be p~osecuted u if all moneys aacvred hereby ~ had matured prwr to Ets institution. ~ 7. That in ihe eve+~t that at the beginning of or at any time pending any suit upon this Mwtgage, or to fweclose it, w to refam it, a to enforce ~ payment of ~~y claims F~ereunder, said MORTGAGEE shall apply to the Cour~ having jurisd~ction the~eof fw the appointment of a Receiver, svch Court shall j Forthwith sppoint a receiver of said mortgaged proQerty all and_singular, includ~ng all and singular the irtcome, profits, issues and revenues from whatever ~ wurce derived, each and every of which, it be~ng expreuly understood, is hereby mortgaged as if speci(icafly set fath and dewibed in the gra~tiaq and ' habendum clavxs hereof, and such Receiver shall luve all the b.oad and effective funcnons and powers in anywise entrusted by a Court to a Receiver, and such appointment shal~ be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and withcut reference to the adequacy or i~adequacy of the value of the p~opery mortgaged or to the sotvency or inwlvency oi said IKORiGAGOR or the defendants, and that such rents, profits, incwne, iuues snd rcvenuzs si?all be applied by such Receiver according to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To duly, prompNy and fully perfwm, discha?ge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, ~ canditans and covenants in said promissory note and this mortgage set fwth. I 9. Tnst in the event the ownership of the mortgaged premises, w any part thereof, becanes vested ~in a person other than ihe MORTGAGOR, tl+e j MORTGAGEE, its successon and auigns, may, without notice to the MORTGAOR, deat with such succeuw a successor in interest with reference to this ~ mortgage a~ the debt hereby secured in the aame manner as with lAortgagor without i~ any way vitiating a diuharging the Mortgagors' liability here- under a upon the debt hereby secured_ No sate of the premises hereby mortgaged and no fwbearance on the pan of the MORTGAGEE w its successon w auigns and no extension of the time for the pay~nent of the deb~ hereby secured 9iven by the MORTGAGE' or its successors a sssigns, s~'iall operate to release, discharge, modify change w affect fhe orig~nal liab~lity of the MORTCAGOR herein, either in whole a in part. 10. It is spec~fically agreed that time is of the essence of this co~tracf and that no waiver of any obligation hereurxkr or of the obligation se- cvred hereby shalf at any time thereafter be held to be s waiver ef the terms hereof a of the instrumem secu:ed herby. In aod~tio~ to the forego:nq monthly payments of princ'pal and interest required by the promissory note secured hereb and agrees to *i agee with each monthly payrnent an addi~ional sum estimated by mwtgagee to be o the annual cost of the follow- ing: A-Atl real property taxes levied or assessed agains scri estate_ B-Premiums on fire and windstorm insu?ance as here~n r to-be carri o ments situate on the above described premises. C-Premiums on such mortgage guaranty irts as mortgagee shall from time to time deem fit fo tar ban secured hereby. Morfgagee shall from time t t~ y mortgagor in writing of the amount due and payable hereunder and such sum s upon be due and payable on the due d e neat monthly payment and each successive mor:th thereafter ur.til mortgagee shall notify mortgagor of a c 9~~` ro such amount. Suc s sF.atl be applied by mortgagee toward the payment of rea) property taxes, insurance prem:ums, and mortgage guaranty insu~Tee ~ pr _ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto xt his hand and seal the day a~d ear first afwesaid. Sip Sealed and liver in the presence of: n •n n S STATE OF FLORIDA 1 . LUCIE ~ courm oF ST' ~ _ eet«. ~ personally appeared Samuel J. Jensen s~ AriflB Gertrude Jensen his w~fe, to me well known ~~+d known to me to be Ihe individuats described in and who eaecuted the foregoing i~strument, and acknowledged before me that they executed the same tw the purposes rr.~.~m .xa~d. n~d r~ Anna Gertrude Jensen Samue 1 J. Jen sen ~Po„ a separate snd ~.t. wi(e of tM said P" e~smination by me tsken separate and apart from her said husband, ackrawtedged to and before me that ihe executed said instrument freely ~nd voturr lariiy and wi~aWt'~~sompulsion, constraint, spprehension, or ear of w from her said hu~band. . VKIYTIES~,my~K~r~~,~.qfficial seal thi day of ~ Februsry A. D. 19 69 ' . \ Tl.~ - ,r` a • j~ • • w • ~ . ~ i~1~1 , r r _ ~ ~ . ~ ~Notary Public in and for the S~ate of Florid~ d lar~e ~ - . ~ ~ . ~ r r ~ ~ ~ ~ G ~ J ~ ; ~ My Comm~ssion expir~s: ~ _ • ~ Rl~fl•t0: ~ , ~ J ~ 1 ~ J . i . . . '^'~'I ~AR. Sl~lc Oi fR(R~ a~ ~ Fk.~ F.d:.~i~ a1.~~t~q~ ir ~'^L U C~-'~ MY Commissio~ Expacs Sept. 23, 1969 ; - . wi~ ~orf P~tr~e_ ~ . ~C'` . ` _ ` b Aar~c+~ fiw i ` .~t~rt~I~p.'Flc~ida`~ ` trwr~ G. t • ' • ' , TZ ~Y~ - - ~ ~ ! This Instrument Prepared By ~`~RK Cli Ct~i i C'-~"~' ~ Firsf Federal Savings ~ Loan Association of Fort Pierce - John tti. Coll ins l~i~rw`~ Checked By 6G~f~ 1 ~ V FACE _ . _ y~t ' . _ _ ~ _ ;u..~ _ - ~ ~'~.-s~~.~~ .b.-~~ ~ ~_r ~ a'~~~~,~~:~