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S. ~o plac~ aed ca+tinuously ke~p on tM puud~n~s now o~ Mr«f~.. ~waa on •a~d Iand ~d on a1t equ~pm~nr and pen«+ally cov.r.d b~r ~his n+a~ with all praniums thereon paid in fu14 fi» &~sv~~nu in ths ~svsl sraoda~d policy form, in a tum ~pprowd by 1M MORiGAGEE. and wi~tbtorm lnswa+c~ tn tha uswl sundard po1~q fu~ ln a twn ~pprowd by ~M 1NORTGAGEE, in wch company or compaeies aa tF~e MORTGAGEE may dinctl snd a11 fin and wtndawrm inswana policia oa any of said bv+ldinp~, a~ny inftrpl tMrtin w part 1Mr~of, in tlw apy.paN w~n ~fonsaid or In ~xces ~henof, ~all contain tM uswl stu~d~~d mor~yayN daus~ w wch othK clws~ ~s ~M MatpapN may ~pvu~. makirg tM Iws v~ aid poli~ cie~. ~ch and evNy. paYabl~ w said MORTGAGEE a ib interpt may ~pp~a~, ~nd ~ach and ev~ry wcA policy sMll b~ prprtptly ass:pned and delivHed to any Mld by s~id MORTGIIGEF ai fwtF~e. secvriry to said mortpay~ d~b~, snd, not less thui tM (101 days in +dva~ce of d+~ aeRi~atia+ of esch policy, ro d~- liwr 1o aid MORTGA(',EE ~ rtaew~l therwf, ro~e~hu wi~h • receipt fw the premiwn ot wch ~enewalj aod ~her~ sMll b~ oo fu~ w winds~wm ieww~ec~ • pl~pd on a~y of said M?ildinqs, any r^r=fest ti~~in or part th~reof, u~ku i~ tF~e fwm and with ti» loss pay~bl~ u afa~iaid: ~nd in tM ~wnt a~y swn of moe~y becom~s payabte wxler wch polky a polic~us :s~d MORTGAGEE shall Mw tM op~an ro nceive u?d apply tM s+me on accounl of tM Indebtd~ neu secvnd hereby a a permit sa~d :.:~RTGAGORS ro nuiw u~d ua~ it or any part ihereof ta orher purpotes, w+rhwt the~eb~ wai~i~~ w impaiN inp any pvity, IiM or ri9ht wide~ or by virtw of tius mortyay~; and in tM tvent taid MORTGAGORS shall fa any raason fsil to keep ths said pr~maes w insurod, o? fai) W dtlivtr promptly ~ny of said polic'KS of insuranc~ to said MORTGAGEE, w fail promptly to pay fully ~ny premium therefo~ w in ~r?y r~apact fail w p~rform, dischugs. ~xecvte, ~ffect. complere. comply wieh arx! abid~ by this covenant, oe any part M.eof, s+id MpRTGAGEE may plao~ ~nd paY fo? such (nw~anc~ w sny pan thereof witiw~l w~ivirg « sffectinp ~ny optiwy IiM, eq~ity, or riyM undN or by virtw of this Matqa~. and tht full artio~ol oI sach and w~ry such paym~M shal) be imrne~liat~ly dut and p~yabla snd sAall bea~ tnterest hvm tM daro tMereof unttl pald at tM ra» of n~ne pK anrwn par anrwm and ?oQether with such intaes~ shall be secured by the lien of this mortyaga 4. To p~rmit, commit or suff~r no wait~, imp~'ument w deteriwatioo of said propaty or any p~M thereof. S. To pay all ~nd singula~ the coa~s d~ar~es u~d ezpenies, includiny a re~sa~ble attwney i fes snd costs of abstr~ of titte, incurred w paid at any time by said AApRTGAGfE, because or in tM event of ths f~il~re on the part of ~M said MORTGAGOR to duly. promptly and fully per(wm, d~xharpR axacut~. ~ff~ct. compkte. comply wi~h snd ab~de by each and every the stipulations, agreements, conditioai, and covr~ants of said promissory note and this mort~ap~ any or ei~her. and sa~d costs, dwges ~nd expenses. each and every, shall bs inwnediatety due +nd payable: whether o~ not ther~ b~ ewr;oe d~ marx~ altempt to cotlect p suit pendiny; and tM ful! arrwunt of exA and every such paymeM sA~ll bea~ inte~est from the dat~ N~ereof ~ntil paid at tht rate of nine per tantum per an~wm; and all said coats. ch+r~ and expenses inturred w paid, together with s~th inte~ail, aMll be s~tured by 1M lie~ of this "'°rro+~. 6. llwt (a) in tM event of any breach of this 1Nortysye or defavlt on the pa?t of the MORTGAGOR, or (b) in tM event ~ny of said ~ums of money herein r~fer~ed ro be ?.ot promptl;• --d fvlly paid within thirty (3p) days ~ext after the same severally become due and payable, withovt dert?~~d o~ notice, or (c) in th~ event each ~nd every the sY~pulations, sgr~sme~ts, conditions a~d covenann of sa:d promissory ~wte and this mwtyaQe any a aither an iwl iuly, promptly and fvlly perfamed, d;xMrged, ~xecuted, elfMed, compkted, compl~ed with ~nd ~bided by, then in e~thx o~ sny such ewnt ths said a~ greg~t~ wm mentioned in said ~sromiuwy note then remaining unpaid, with interest accrued. and all moneYs secured hereby, shall becorne dw and p~y~ able forthwith. O~ tFIQfNffN. at the M++an of said MpR~GAGfE, as fully and completely as if sll of t1?e said s~ms of mo~ey were aiginally stipulated to be paid on wch day, anything in sa:d promiuory note or in Ihis Matgaqe to the contrary notwithstsnding: and thereupon or thereafter ~t IM op~ion of said 1NORTGAGEE, wirhovt notic~ or dema~d, wit at law or in puity, therefore or thereaiter begun, may 1x proaecvted as if a!! moneys secw~d he~eby had tnatvted p~iq to ib insfitution. 7. That in ths event ~hat at the begin~ing of or at any time ~xnding any wit upon this Mortgage, or to fweclose it, w to reform it, a to enfo?p payment of any claims herew?der, sa~d MORTGA(',EE shall apply to the Court having jurisdrction thereof fw the appoi~lment of ~ Receiver, such Govrt shall forrhwith appoint a rcceiver of said mortQaged property all and sirgula~, intlud~ng all and singulsr the income, pro(in, issues and revenues from whaterer wurce derived, each and evc?y of whith, it beirg expressty untkrslood, is hereby mortgaged as if speci(ically set falh and desuibed in the prantinp and habendum clauses hereof, a~d such Receiver shall have ~II the broad and eHetrive funct~on~ and powen in anywise entr~»ted by a Court to a Receiver, snd auch sppointment shall be made by such Covn ea an admitted cquity aod a matla of abwtute right to said MORTGAGEE, and without referente ro the adequxy a inadequacy of the value of the properry mort9a~ed or to the sonr~ncy or insolvency of said N10RiGAGOR w the defm,da~ts, and that such renrs, profits, incane, issves and mvmues shall be applied by such Receivcr according to the lien or eqvity of said MORTGAGEE and the practice of wch Court. 8. To duly, prompNy ar+d fully perform, discharge, execute, effect, completc, comply with and abide by each a~d every the stipulations, ag~eemeny, cwiditions and covenants in said promisso~y note and this mortgage set fwth. - 9. TI?~t in the event ~he owne+ship of the mortgaged premises, or any part thereof, becomes vested in a ae?son other thsn the MORTGAGOR, tM MORTGAGEE, in wccessors and assigns, may, without notice to the MORTGAOR, deal with such suc<essw or svccessor in i~tcrest with reference to tha morl9age and t!x debt hereby secured in the same manner as with Mortgagor without in any way vitiating w distharging the Mottgagors' (iability I~ero- under w upon the debt hereby secured. No sale of the Rremises hereby mortgsged and no forbearance on ths psrt of tF~e MORTGAGEE or i» s~ccesson or assigru ifld 110 lXfMSipl1 p{ 1lfe 11TC for the payment of the debt hereby secured given by the NtORTGA6f' a ih successors or assiQns, sha!! operat~ to release, d;sd»rge, modify chsoge or affect the origioal liability of the MORTGAGOR he~eiey either in whole or io put. 10. It is spec~ficatly agreed tF~st time is of the esunce of this contract and th~t no waiver of any obligation hereu~der or of the oblig~tan se- cured hereby ihall at any time therea!!r be held to be ~ waiver of the terms hereof or of the irntr~meM set~red herby. 11. In add~twn to the fwego:ng irwnthly" payments of princ"pal and interest required by the promiuory npte secured hereby, morfgagot covenanri ' a~d ag?ees fo pay to mo:fgagee with each monthty paynxnt an add~tional sum estimated by mortgagee to be eqva! to 1/12 of the annual cost of the follow- '~g: A-Alt real property taxes kvied or auessed against the above described rea( estate. - B-Premiums on fire and windstorm insura~tce as herein requ~red to be tarried on fhe improvements situate on the sbove destribed premises. C-Premiums on such mortgage gwranty irtsurance +s mo?tgsgee shall from time to time deem fit to carry on the Ioan fecured hereby. AAortgagee shail from time to time notify morigagor in writing of the amount due and payable hereunder and such sum shall therevpon be dve and payabk on the due date of the ~xt monthly paymem and eath successive month thereafter urtil mortgagee shall norify morlgagq of a change in sucb amounf. Such sums sF.att be applied by mortgagee toward the payment of real property taxes, insurance prem:~ms, and mortgaye guaranty i~surance premiums. IN WI?NESS WHEREOf, the ssid AAORtGAGOR has hereunto set his hand and seal tFK day and year irft aforesaid. SiQned, aled snd delivere in the presenoe of: • ~ ~aq K_-n STATE OF FIORIDA ~ S?. UJCIB courm oF l~fore m~ person~tly eppeared Cleiwie Davis, a widow ~ ~ to me well known and known to me to b~ fhe individwb described i~ u~d who execwed rhe fore9oinp instrwoent, and ~ck,wwtedped before me tMt rhey e,cecwed the same for tFw purposes therein ~xpss~ed. .r~si,d...a.~ ~ ~ WRNESS my h~nd and off'Ki~l seal t1?' day of ~y c. 19 69 sry Pubtic in +nd (or tht Stat~ of F{otida ~t lary~ Retum Ta ' Mr Conxn~xsion txpires: f&st fdea) Sa i loan Aasociatioo ,,~q+N~~~st:~lij~~,. 1~i v~ r: •`~~~~'~n~"•~ `My ~i~Wt. i~ AOf~i n(~ Of fOtf V~erte. j~ ••~~~~~~~i~~~:`~ : ~ ~ ~ Fort Vierce. FM.~d. a-T . • ~••tw ~ ~.r.. a. a e,.,rr ~,is_~`= - - • c~ ' c.. . • ~ 4f ' . = ; : FlLED ANp~RECORDED~ This Instrument Pre red B • ~ ST. LUCfE C4UNTY: ~'L/4. First Federal Savings 6 lo~an Ass ciation '~:L RECORQ VERIFIEO • ' : of Fort Pierce ~i . 1"7g114 a.' ~ r'. - ~ Checked By John W. i.vllins I~~''~~:,.,~~~.,~~~~''` ~ Z ~ 3~ 09- l t Qy~ ~ R ROGER POITRA~ { ~ ~ ed~K~~ ~~101s ERK CIaCU1T COUR?~ t ~ - _ Q,N ~ r ~ 3 _ ~ Y l _ , - ~;r,. '