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To pl+a and continuo~sly ke~p on tM Mrildinps ~ww w Mnaha ~itwt~ o~ said la~+d ~~d on ~II equipment u+d pNSOn~lly cova~d by this mat¢ p~ with all pnmiums th~non p+~d in full, fin insuranp io ~M uswl st+~d+?d polity fwm, in • swn apptoved by th~ MORTGAGEE, u+d windi~wm inwra~c~ h tM uwal ita~dard policy tam, in a sum ~pproved by tM MORTGAGEE. in wch ca. pu~y or compani~s ss the MORTGAGEE ~n+y dinctt +nd aU iin u~d wA+dstwm insuwoa pdicies on any of Nid t1UiWi~l. ~Ily irlif~Nt iFNffN1 M pi~f IIlfrlOl. in tM ap9~ep~~~ +wn afor~saW or in ~xass thtnoi, ~MII conbin tM vswl standud matya9as claus~ w such otlw~ cl~u~ a tM Mort~a~a~ may rpuk~, makinp IF~ loss v~ said pdb ci~s, esch ~nd ~wry. p+Yab1~ b aid MORiG/1GEE as its intsrest en~y ~ppsu. u~d each and every s~ch policy ~hall b~ promptiy us:~n~d ~nd dtlivered to ~ny Mid by ~aW MpRiGAGEE u ivnMr seturity ~u s+id mortp+9~ d~bt, ~nd. not less than ten (10) dari in advanu of tM ~xpiration of each policy, ro dr IivK ro said MORTGAGEE a ~~new+l tha~of. topt+har with ~ raceipt fa the premium of wch renewalt a~+d tha~ shaN b~ no fi~~ a winds~am inswanc~ pi~pd on a?y of ssid buildirg~. ~ny G?terat tMrein or ps?t thereof. vnleu in tM form and wi~h tM lou payabl~ u aforesald~ u+d h~ tM ewnl any swn of moe»y becomes p+yabh u~da such policy o? polici~s said MORTGAGEE shall Mvs the option ro receive ~nd appiy ths same o~ accou~+l of tM ind~bted- n~u ss~yr~d hersby or w pKmi1 s~id MORTGAGORS ro rcuiw and us~ if w sny part thereoi fa othcr purposes. without ~hweb/ waivi~y w impiir- tnp anY puity, lien or riyht w~der w by virtw of thi~ mortya~e: snd io tM ~vent said MORTGAGORS ~+all fw any rsason fail to keap tM sa~d pramise~ so ie?wred, w bi) b d~livN prompNy any of said polities of insuranu to said MORTGAGEE, w fail prompNy to pay f~Ily any premivm tharefor a in u?y r~sp~d fail b p~riwnl, dischar~t, execut~, ~ffect, compkts, comply wirh and abide by this covenant. or anY part hereof, said MORTGAGEE m~y pl~ce ~nd p~Y fa wch irqvnnct pr ~ny put thersof without wsivinp or affattinp any optan. lien. eq~ity. w riyM under w by vi~tw of this Mortpsp~. and the fv~l amowu of each and ~wry wch p~yment sMll be immadi~tely dw snd p+y+bl~ ~nd shall bea~ interesf fran ths dat~ thereof until paid ~t tM rat~ 01 nin~ psr cw+twn pa ~mum and toyether with such i~terest shaU 6e secwed by tM lie~ of this mo.tgsye. 4, To p~rmit, c+o~ewnit or suif~r ~o waste, imp~irmcnt a deteraration of isid prope~ty w ~ny p~rt thereof. ' S. To pay all .nd sinp~la iF~e cosn, char~es sod expenses. incfudi~g a nasonable attwney i fee and wsts of abstrscts of titl~, inc~rred o~ paid ~t ~ny tims by said MORTGAGEE, b~cavse w in tht ewnt of the failwe on the part of the said MORTGAGOR to duly, promptly snd f~?IIY psrform, discM?9~, ~xecvte. ~ff~ct. oomplett comply with and ab+de by each and every the stipul~t~ons, agreements, conditia+s, and oovenanb of said promissory ~+ote u~d this matyape ~ny w either. and said costs. chu~es and expenses. each and every, ihall be immediately due and payab~e: whether or not thers bs not~ce ds~ , mand, attempt ro cotkct w wit p~odiny; ~nd the full anwunt of each and ewry sucA paymero shall bear intercst from the date ti+ereof v~til p~W at th~ rate of nine per centum per ~nnum; and all said cosn, chsrges and expenses in~wred or paid, together w~th such intereal, shall bs sec~red by ths lien of this ~~0~• 6, ihat (a) in the ewr+t of ~ny breach of this Mortgage w dehuh on the part of the MORTGAGOR, or (b) in the event any of said swns of mo~+ey herein referred to be not promptly and fuly paid withi~ thirty (30) days next after the seme uverally become dve snd payablt, without demand o? notice. or in tl+s evem each and every the stipulations, agreements, conditions ~nd coven+nts of said promissory note and this mortpape any w eitF+er ~r~ not iuly, promptly snd fully perfwmed, dlxharged. executed, effeded. completed, complied with a~d abided 4y. then in either or ~ny such event the s+id a~ pregat~ wm mentaned in said promissory note then remaining unpaid, with interesl accrued, and all morxys secured he~eby, shall becon+s dw and p~y- •ble forthwitly or thereafta, at the opt~on of said MARTGAGEE, as fully and completely as ii all of the said wms of moruy were aiyin~lly stiputated to be paid on avch day, anythiag in said promiuory note or in this ARwtgage to tF+e contrary ratwithstanding; and thereupon a thereafter s1 tM option of said MORTGAGEE, witho~t ootice or denwnd, suit at law or in equity, therefore or thereaft~r begvn, may be prosecuted u if ~Il~rnoneys secvnd hereby had matwed priar to in i~ntitution. - 7. TMt in the eve+~t that at the begin~in9 of w at any time pending sny svit upon this ARwtgage, w to fweclose it, a fo- mform it. o? to enforoe payment of any daims here~nder, said MORTGAGEE sMll apply to the Court having jurisdiction thereof fw the appo~ntment of a Receivet, such Court shall forthwith ~ppoint a ~eteive~ of said mwtgaged property all and singular, iocludug all and singular the income, profits, issues and revenves' from whatever wwte derived, each and every of which, it being expressly undentood, is hereby mortgaged as if spec7fiwlly set forth and dewibed in the ~?~ntirg and habendurn dauses hereof, u~d such Receiver shall Mve aU the brosd and effecrive funct~ons a~d powers in anywise entrusted by a Coe~t to ~ Receiwr, and ~uch appointment shalt be made by wch Court as an admined equity and a m~tter of absolute right to said MORTGAGEE, and without re(erente to ths adsquaty w iewdeqwcy oi the wlue of the prope~ty mwfgaged or to the solvency or inwfvency of said MORiGAGOR or the defendann, and that such rents, profits, income, issues and revenues shall be applied by such Receiver according to the 1'ien w equity of s~id MORTGAGEE and the pwctip of svcl~ Court. 8. To dvly, promptly snd fully perfwm, discharge, execute, effect, cwnplete, comply with aad abede by each and every thd stipulations, agreernents, conditions and covenants in said pro:niuory note and this mortgage set forth. ~ : 9. 7l+at in the event the owncnhip of the mortgsged premises, or any part thereof, betomes vested in a person othet th~n the MORTGAGOR. ths MORTGAGEE, its succeuws and assigns, may, without notice to the MORTGAOR, deal with such svccessor a successor in imere~t witM reference to this- maty~pe and the debt hereby setu~ed in the same msnner as with Mortgagor without in any way vitiating w distharging the Mortysgors' liability hera under or upon the debt hereby secured. No sste of the premises hereby mortgaged and no forbearante on the part of the MORTGAGEE w ib wtcesson or saigra and no extension of the time for the paymeM of the debt hereby secured yiven by the MORTGAGE' or its wtussor~ or ~asiigns, sMll op~rat~ ro release, dixharge, modify change o? affect the original liability of the MORTGAGOR herein, eithcr in whok w in part. 10. It is spedfically agreed tMt time is of the essence of this contract snd that no waiver of any obl'gaYan hcreu~der or of the oblg~tron sa cvred hereby shall at sny time tF~ereafier be held to be a waiver of the terms hereof w of the instrurrKnt setwed herby. 11`n add~tion to the forego`ng mw~thly paymrnts of print pal and interest required by the promissory note secured here6y, mortgsgor e ts and agrees to mortgagee with eath monthly payment an addirional svm estimated by mortgsgee to be equal fo 1/12 of the an e follow- 'ng: A-All real property "taxes levied w asses above deuribed real estat - ;i B-Premi~ms on fire and windstorm insurance as herein requ~r the improveme:?fs sitwte on the above desvibed„panises,_ I ~ C-P~emiums on such morfgage guarant i mortgagee shall from time to time " to carry on the ban secured' I~r~GY-•, Mwlgsgee sha0 from ' me notify mortgagor in writing of the amount due and payable hereunder an sh m shall lher~sP~[~ ~~y.6Ad payable on the e of the next monthly paymeM and each successive mo~th thereafter urtil mortgagee shall notify mortp s M+i~p( ut. ~ amount sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem~ums, and r~ ~ . ; : ~ IN WITNES~S VYHEREOF, the said MORTGAGOR has IxreuW~~' ~~y and ear fin f essid. F-- ~ ~(~t; ' i ~ ~ ' •y- . ~and livered in the presence of: r WE~TG . L~ ~ ST. LUCIE COUNTY. FLd: _ ' 17~°~~1~~~F,~?: , % ' • n Attest : r os , ecre ar n 'S9 M~iR I 9!~I I I: 3 0 ~ y Y' ~ - - - - - - - - - - RO~~R FO~S ~ STATE OF FLORIDA ~p( pf~UlL~1pURT, 1 HEREBY CERTIFY, That on th~ 13~ ~ay of MarCh , A.D. 1969 , before me personally appeared Robert E. Rose and Mary Rose respectively President _and Secretary _ , of - ~ Westqlen Corporation ~ Florida ~ , a Corporation, to me ~ ~ known to be the persons described in and who executed the foregoing instrument, and severally acknow{~cigsd the exe- • s~K~:!:~~~ . cution thereof to be their free act and deed as such officers for the uses and pursoses therein ~erit~on~ a` tfiey ~N~~~~~~~~Y~ I~~ :l ~ affixed thereto the official seal of said corporotion, and the said instrumen3 is the act ancjfn~ pf ~id•kdcQbratfon. WITNESS my hand and official seal at Fort Pierce , said coun a~d s%a , 8~ ~d '~v' = , . • : ~aIL'o?~ ~ _ ' This instrument prepared by ~1c • t~'; °~a~ ~irst Fede~al Sav. 8 Loan Assn. Notary Public, and for State s~ of Fort Pierce My Commiuion Expires: • ~ 23, ~yn By Thoaas A. Driscoll ~ ~ ~y ~ a,,t,,N, ~ co, ea~K ~ ° ~ 176 P~E .789 _ - - ~