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To plan and contirnwualy keep on tM bvildinpt now or hs«aftN uw~t~ on said land a~d on sll equipmeet ~nd penonally cove~~d by thts matp~ ~ ~g~, with ~II premiumf the~eon p+id in full, fi?e teaur~nct in th~ uswi standard policy form, in • tum approv~d by tM MORTGAGEE, and vrindstorm inivranc~ in tM uswl s~~ndard pol~cy fam, in ~ wm ~pprov~d by ~he MORTGAGEE, in wch company w compania as 1Fw MORTGAGEE m+y dir~ttt and all tir~ ~nd wind~form insurano~ policiet on ~ny of said build~+p~, ~ny int~~tst 1F+etein or part thtreof, In th~ a{~9reyst~ wm afpts~k! or In ~xcess thereof, shall contain the uural s~andard mortya~e clwse or such otMr claus~ as tl+~ Mort9agee may ~equ~~~, makinp tM loss under ~aid po1~ ciss, each and every, payaple ro ssid MORTGAGEE as its intKest may ~pp~ar. ~nd cach and ~wry tiuth poliq ahall be promptly ~ss:~ned snd delivered to ~ny htld by said MORTGAGEE as furthe~ sccvrity to ssid mortpsye dcbt, snd. not leu tMn ten (101 days i~ advance of the expiration of e~ch policy, to da j liver ro uid MORTGAGEE ~ renewal thereof, topether with a reteipt for the premium oi suth renewals and there shall be no fire or windsto~m ir+sur~nce ~ plKed on ~ny oi aid buildinps, s~y intc~est therein a put tF?ereof, unless in the form snd with tFN loss payable as afwesaidt ~~+d in the ewnt any swn of money becanes p+yable under such policy w policies aid MORTGAGEE shall haw tM option ro receive and apply the same on accouM of the indebted~ ness secured hereby w ro permit said MORTGAGORS to rKeiw ~nd us~ it o~ any part thereof fo~ othe~ pu~pases. wi~ha~t thereb/ waiving w~n~pair- ing ~ny pu~ty, lien w riflht ur?der w by virtue of lhis matyayet ~nd in tM ~vent said MORTGAGORS ~hsll fw any reason f~il to keep the said premises w , insured, w fii) b deliver promplly any of said policie~ of inswa~te to said N10RTGAGEE, w fail prompNy to pay fully any premium t!?erefw a in a~y ! respect fail to perfar~, discharge, execute, effect, complete, comply with and sbids by ihis covenant, a any pa~~ hereof, sa'id MORTGAGEE may p~ace and ~ pay fw such Insurante w u?y put thereof without waiviry w affettinp any optwn, lisn, equity, ot right under o? by virtu~ oi this Mott~spe, and tM full amount of tach and ev~ryr suth payment shsll be irtunediately d~s a~d pay~ble and shall bear interest from tM date thereof ~ntil paid ~t tM rat~ of nins per es~tum per a~num a~+d toyNher witA such interest shall be secured by ths lien of this mortysge. 4. To permit, oommit w wffer no wuro, knpairmee~t or deterioration of said property w ~~y p+rt thereof. S. To pay all and sinp~lar the costs, chuges u+d ezpenses, includinp a reasonsble snorney's fes and costs of ~bstradt of title, incurred w p~id at any time by said MORTGAGEE, becauie or in the event of the failura on the part of ~he said MORTGAGOR to duly, prompdy and fully perfwm, diuMrge, executs, etfect, compkte, comply with and ab~de by esch and every ~he stipulations, apreements, conditions, ~nd covena~n of sa~d prom~ssory note +nd this mortgage any or eithe~, and sa~d coits, chsrges and expenses. eacF? and eve+Y. sh+ll b~ immediately due snd payable: whether a ~+ot there be notKe da mand, attempt to collett w wit pending; snd the full amouM of esch and every wch paymeM shall bear interest frem the date thereof uMil p~id a1 the rate o1 ~ine per ce~tum pet annum; and all said costs, ch~ryes and expenses incurred or paid, logether with s~ch interest, shall be satured by the lien of thif mortya9~. i b. That (a) in tM event of any breach of this Matga9e or default on the pan of the MORTGAGOR, w(b) in the evcnt any of pid ~ums of money i herein referred to be not promptly and futly paid within thirty (30) days nex~ after Ihe same severally become due and payable, without demand w notice, ~ or (c) in the eveM each and every the stipvlations, s9reeme~ts, conditions and cove~enb of satd promiuory note and th~s mortgage any or eitF+e? •re no1 iuly, promptly and fully perfwmed, d~scharged, executed, effected, completed, complied with and abided by, then in either w any iuch eveM tM s+id ag~ gregate wm mentioned in ssid promiuory note then remaining unpaid, with imerpt accrued, and all moneys secured hereby, shall become dw ~nd p+y~ able forthwith, a thereafte?, at the option of said MORTGAGEE, as fvlly and compktely as if all of the said wms of money were aiginslty stip~lated to be paid on s~ch day, a~ything in ssid promiuory note w in this Mortgage to the contrary notwithstanding; and the?eupon or thereafter st the option of said MORTGAGEE, without notite or demand, suit at law or in equity, tF~e.efwe w thereaftcr begun, may be prosetuted u if all ma~eys securad hereby had mafured pnor fo its institution. 7. Thst in fhe event that at the beginnir~g of w at any time pending any wit upon this Mortgsge, w to faeclose it, a- to ~efwm it, or to enfwce paymem of any claims hereunder, said MORTGAGEE sh~ll apply to the Cov?t having jwisd7ction thereof fw the appo~ntment of a Receiver, such Carrt shall Forthwith appoint a ~eteiver of said mortg~ged poperty all and singular, includ~ng all and singular the inmme, profits, issues and revenues from whatevtr source derived, eath and every of which, it being expressly understood, is hereby mortgaged as if specifically set fwth and dest+ibed in the granting and i habend~m clauses hereof, and such Receiver shall have all the broad and effective funct~ons and powers in anywise entr~sted by a Court to a Receiver, and such appointmens shall be made by such Cwrt as an sdmitted equity and a matter of absolute r'ght to said MORTGAGEE, and without reference to the ' adeq~acy a inadequacy of the value of the property mortgaged or to the soNe~cy or insolvency of said MORiGAGOR or the defendann, and that such ~ rents, profiri, incane, iuves and revenues shall be applied by svch Receiver accwding to the lien or equity of wid MORTGAGEE a~d the pradice of such ~ Covrt. ~ 8. To duly, promptly snd fvlly perfwm, discharge, execute, effett, complete, comply with snd abide by each aod every the stipulations, ag?eemenri, conditwro ~nd cavenants in ssid promiuwy note and this mortgsge set fo~th_ 9. That in the event the ownenhip of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, iri svccessws and assigns, may, without ratice to the MORTGAOR, deal with such successor w successor in inlerest with reference to this mortgage and the debt hereby setured in the same manner as with Mortgagw withoul in a~y way vitiatir?g w diuhargirg the Mortga9ors' liability hertr ~ under ot ~pon the debt hereby setured. No sale of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE w it~ successors j or auig~s and no extension of the time fw the payment of fhe dcbt hereby secured given by the MORTGAGE~ or its successors or suigns, s1u11 operat~ ; ro release, dixharye, modify change or affett the orginal liability of the MORTGAGOR Fxrein, either in whok a in psrt. 10. h is specifically agreed that time ia o(.the essence of this contract snd th~t no wsiv~r of any obl~gation hereunder w of the obliyation se- cured htreby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrumeM secured herby. 11. In addition to the forego:ng monthly payments of princ'pal snd interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagce with each monthly payment an addirional sum estimated by matgagee to be equal to 1/12 of the annwl cost of the follow- ing: , A-All\~eal property taxes kvied w assessed against the above described reat estate. . ' B-Premiumi on fire and windstorm insurance as herein requ~red to be carried on the improvements situate on the above desuibed premises. C-Premiums on svch mortgage guaranry insurance as mortgagee shall from time to time deem fit to carry on tlx loao secured hereby. ` Mwfgagee shail from time to time notify mortgagor in writing of the amount due and psyable Fxreunder and such sum shall thereupon be due and i Fayable on the due date of tAe neat monthly payment and each successive month thereafter ur.til mortgagee shall notify mortgagor of a change in suth ~ amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem:~ms, and mortgage guannty inwrance ~ piemioms. ~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. i , ' ned, led and ivered in the presence of: ~ • n ~ ~ ~ . ~ - ~-n ~ STATE OF FLORIDA ~ ~ .St • LtIC~@ ~ ~ • COUNTY OF ~ Befae me psrsonally ~ppeared .l. .lOIIQi and ~ G~a?dvf .lOA6S his wiie, to me well known snd known to me to b~ ~ the individwls descr7bed in uid who executed the fore9oing instrument, and ackrawledged befwe me that they executed the same fw the p~?rposes ~ s rherein ~xpressed. And the ssid Gl ~v~ B T~n~ a ~ w~fe of the said Fi'~ J~ ~riQS vpon a tepar~te snd privat~ ~ ~ examinata~ by me taken separote and apart from her said husband, ~dcnowkdged to and befwe me tFwt shs executed said instrument Jr~ely u~d vol~o- ~ +arily and w~thout any compvlsion, constraint, apprehensi~w feu of o? from her aid husband. WITNESS my hsnd and official ieal thi: ~ day of `J~e A. D. 19 69 ~ . Nwsry blic in ~nd fw the State of florids ~t lsrpe ~ My .xq.~: ~ 6, i y 7/ Return To: ' a Fint Fsderal Savir?pa 3 loan Association i~ (~0{iry Pt~K, Stak of Ho~da at Luqe ~ ~ s' ~ Of Fat Pierte. , i :t: ~ • ~ (;p~lpssjp~ ~~IfeS ~111j. 6, ~9n • " Pierce, florids 1.~4~11t E~s~saerlt?Li ~ ~ ~ 'YC~ . - : . F41.E0 AND RECOR~~ ~ J-~ ST. LUC1E COUNTY. F~• ~ f- V~ ftECOs~~ VER1FtE0 ~ This Instrument Prepared By ~ ;a . : ~ _ ryK~~'~ First Federal Savings b loan Association v ~ ~ . ~ .i ~ ' ~ ' of Fort Pierce . , ; 12 • ~ . a,,~ •69 JUN 10 PM • ~ . ` ~ Checked By Joha leT Collins u~. 5:. . .~i,~~• ~~/jj~ i~ ~ ~p c-R , ITRAS . ~ _ $001(~~ ~~;,~K CIRCUIT COURT. ~ ~ • ~ ~ ~ _ - - - _ _ - _ _ - - - ; = - Y:a~. °r~_ . . . . . -