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' To plac~ and cont4woushr kNp on tM buildirps now a Mr~aftK ut~ab on said land and on ~II puipn+~et u~d p~non~lly covK~d by this mat~ p~, with all pr~eniums ~herw~? p+~d in fi+ll, fin tnsuru~o~ ln ~M uw+l ttandud policy torm, in ~ sum app~owd by tM MORTGAGEE, ~nd windstorm insw.nc. tn N+. uswl •andud patcy fam. in ~ wm +pp+a~wd by tF+t MORTGAGEE. in wcb companY or comP+~in +s tM MORTGAGEE may dinctt and ~II fir~ ~+d winds~wT i~swa~+u pdkies on +^y of aid bvild~~+ps. s~y inler~st tMrsin w part tF~sof, i+~ tM a~qrep~t~ wm afor~saW a in ~acsss tMrwf, shall contsin ti+~ ~nwl sta~dud mor~q+pN c~+uu a suci+ othK claus~ ~s tM Matpa~e~ may requ'w. m+kinp tM bss w+der said po~4 ci~s, ~ach and ~vNY. paY+bl~ ro s+id MORTGAGEE as iq inta~st m~y ~pp~ar. ~nd each and ~verY wch Pclicy shall b~ prompfly ass:9ned ar+d d~liv~red to ~ny h~ld by said MORTGAGEE as furthe~ ~ecurity ro ssid mor~ysp~ debt. +~d. not I~u tMn t~n l10) days in advanc~ of tM ~xpir~Yan of each palicy, to dr IivN to said MORTGAGEE a re~ew~l therwf. to~e~Mr with • ntsipt for the pr~enium of s~ch renew~l~ and tha~ shail b~ no fin or windstam Inwrante plaad on ~ny of aid build'u+ps. +ny interest thenin or part thKeof, wku in tM fwm and wi~h tM loss p+Y+bt~ ~s ~fo?~saM; ~nd G+ tM ewnt any swn of ma»y becoma p+yabl~ uoder wch polky o~ po~ici~s s+id i11WRTGAGEE shall h~w tM option to raceive and ~pply ths s+m~ on +cca+et of tM ind~bted~ nsss secund hareby w to pe~mit s~id MORTGNGORS fo rtc~iw a~+d us~ it a~ny part therwf fw other {w~poses. without thxeb~ waivinp w ~mpair- inp any puity, liu~ ot ripht widsr w by vittw of this mwtp~yej ~nd io tM ~vent ~a~d MORTGAGORS shatl fa ~oy ~eawt? fail ro keep the said pr~miaes w inwred, or f~il b d~live~ promptly any of sald polieies of iequrana ro s+~d MORTGAGEE, or fail promptly to pay fully +nY premium tMrefor or in any ~e~p~ct fail to p~rform, diachar~, ~x~cut~. ~ffM. compl~te, compN with +nd +bide by this covenset, o~ any pa?t herwf, said MORTGAGEE may plac~ and paY fp s,~ irawar~u or any put thereof without w~iva+p or ~ff~ctirq ~nY option, lien. equity, a right u~der w by virtw of this Ma~9aye. ~nd t!» full amo~nt of esch and ~wry svch paym~nt shill b~ imm~diat~ly dw and p~y~bt~ ~nd shall bsu intaest from ths date thereof uotil paid at tl+~ rat~ 01 n;ne pN p~tum pa ~nnum ~nd topethsr with wch intKest s1?+II be s~cured by tM li~n of this rtart~a~e. 1. To pKmit, oomnJt ar wffu no wast~, impairment or detKia~tan of said propary or +oy put thereof. S. To pay all and sagula? the costs, cMry~f and expemes, ind~dinD + reasa++bl~ a»wn~y's fes ~nd ooits of ~bstr~cts of title. incuned w paid ~t sny tims by said MORTCaAGEE, bscause or in tM ~vent of tM failw~ on tM p~H of the said MORTGAGOR to duly, prompHy ~nd fulty pe~fam, d~scharpR execu», ~ffM, canpl~te, oomply with ~nd abid~ by s+ch and ~very tM stipulations, ayreamcnts, conditions, snd oovenann of said p.omissory oot~ and thu mortpap~ anr a atMr. ~nd said cosq. chupes and ~xPensss• each Md ~`rerY. shall be immediately due and psyable: whether a not ther~ b~ notice da~ mand, sttempt to colkct w wN peodingl and the full amouot of each ~r+d every s~xh p+yment ihatl bear intereit from the d+te th~~eof until psid a~ the rate of niM per centum per an~wm; and all said oosts, charyet +~d exPe~+ses inu+rred a psid, top~ther with such intoresf, shall be ~ecured by tFw lien of tha ~ 6. 1'h~t In the ewot of any beach of this Mwtgspe or def+ult on the part of the MORTGAGOR, or (b) in tM event aoy of said wms of naney heroin referred to bs not promptly snd fully paid within thirty (30) days next afta the sams teve+atty Aetome due ~nd p+yablt. without d~msnd a ootice, or in the event esch and every ti+e stipulataro, ag~eemK+ls. conditions and covsnants of ss~d promiuory_ note and th~s mortp~~ sny w sithsr ~re no1 iuly, promptly u~d fulty pe.fwmed, dlscharged, execvted, effeded, campleted, canplad with and abided by. then in e~ther a any iuch ewnt tF» aid ao- gregate sum mentioned In qid promissory oote then remainirg unpaid. with inter~st scuued, u~d all rnoneys secured hereby. shall becoms dw and p~y~ sble forthwith, a theresfte~, at th~ option of said AIIORTGAGEE, ~s fvlly and compktely as if •11 of tix wid wms of mor~y were wi~in~lly stipulated to be paid on wch day, anytlurg u+ said PromissaY note w in this Mort~aye to the comruy notwithsanding: and therevpon or thereaher a1 th~ op~ion of said MORTGAGEE, without notice o~ dem+~d, :~it at law a in pvity, thereforc ~r fI1MNfIH bc9un, rray be prosacuted +s if ~II ma~evs secured hsreby had n»wred prar ro in imtirutan. 7. That in the event tF~at at the beyinning of or st any time pendirg ~ny wit vpon this Mwtgagv, w to fweclou it, w ro ~eform H, or to e~fora payment of ~ny claims hereu~, said AhORTGAGEE shall apply to the Court haviny jurisdiction ~hereof fw the appoiMmenf of a Receive?, such Co~N shall Forthwith sppoint a retriver of wid morty+yed property a~~ ~nd su?pular, intludmg sll ~nd sirgulu the income, profits, iuues and revenues trom whatewr source derived, eath and every of which, it beinp expreuty ~ndersrood, is hereby mw~gaged as if spetifitatly set forth ~nd destribed in tAe yrantinp and habend~m clauses hereof. and such Receivet shsll h~w ~II ths bro~d and effective fund~wss u~d powcrs in ~nywise entrustcd by + Court to ~ Receiver. and ~ucA appointment shall be made by such Court u so admitted equity and s mane? of absolWe riyht ro said MORTGAGEE, u~d without retefence to tM edequscy or inadequacy of the wlve of the property mwtg+ged or to the sonrency w insolvency of said MORfGAGOR w the defendanb, ar+d that iuch renrs, profin, income, iss~es and revenues shall b~ ~pplied by such Receiver accord~np to th~ lien or equity of said MORTGAGfE ~nd the practict of such Court. 8. To ~ly, promptly and fully perform, dixharge, execute, effect, compkte, comply with ~nd abida by each and every ths stipv~tions, sgreemen», conditions and coven+nn in said promissory not~ and th~s mort9+ge set fwth. 9. That i~ the evem the owncrship of the mortgayed premises, a sny psrt thereof, becomes vested i~ s perwn other thsn the MORTGAGOR, the MORTGAGEE, in successors ~nd augns, may, without norice to the MORTGAOR, deal with such wccessw w wccessor in interest with refcrence to this mortyage ~nd the debt hereby set~red in the ssms m+nne? as with Abrtgaga-without in a~y way vitiatinp a distMrging the Mortpagors' li~bilify htre- under w upon the debt hereby secured_ No ssk of the premises hercby mwtgaged and no fwbearance on the part of tF+e MORiGAGEE or its suaesson or sugns and no extension of the time for the paymeM of the debt hereby secured given by the MORTGAGE' w its tuccessors or auigns, shall operat~ :o rekase, dixharpe, modify change w affect the orginal liability of ~he MORTGAGOR herein, eithcr in whole a in psrt. 10. It is speciFically sgreed that time ts of the essence of this contract and that ~o waiver of any obligation hereunder or of th~ obliyation se- cured hercbr shsll ar sny time there~her be held to be a waiver of the terms hereof a of the instrument secured herby. In additior? to the fwego:ng monthly payments of print:pal and interest reqvired by the promissory note setured i~er ts and agrees to a ee with csch monthly psyment so add~rional sum est~mated by mortgagee to be o t annual cost of the follow- ing: ~ A-All real properry ta:es kvied or assessed aga~n res estate. ~ ~ B-Premiums o~ (ire and windatorm insurance s requ'aed to be urn ' ovements sit~ate o~ the above described premises. C-Premiwns on wch ~w?tgage ~~sursnce as mortg~yee shall from t~me to time deem i o~ the loan secured h~reby. 4 ; Mwtgagee shall from ' o time notify mwtgagor in writing of the amount due and payable FKreunder and s eupon be due and ~ i payaWe on the d of the next monthly payment and each svccessive month thereafter ur.ril mwfgagee shsll notify mortgagor of a ~ amount. sums shall be applied by mwtgagee toward the payment of real property taxes, insurance prem.ums, and mortgaye guaranty insurance ~ums. ' ; IN WITNESS WHEREOf, the ssid RTGAGOR h~s hereunto set his hand and seal the day ~nd year firat aesaid. ~ i Siyned. Sealed and deliver tl+e presence of: ~ y.~~.~ 1 4 ~ . ~ i ts~.~ : 's /Su~ ~ e STATE OF FLORIDA i ~ ~ ~ , ! courmr oF St. Lucie 4 8efon me p.rwo.Uy sppsa?ed FYatfkl A. I~Lr~ and ~ Valeri! V. HSYl~! his wife, to me well known ~nd known to me fo b~ ~ the individwb described in and who ~xscuted the fwe~arg instrwnant, and acknowfedaed before me tFwt tfiey executed the ssme for ths purposes ~ nc~rein exprassed. And the aid Vilel~.! V. ~ZZ~s ~ wife of tM said Rranklin A• ~ZZ~i upon • separ+te ~nd privat~ examinatwn by ms taken seps~ate and apart from her s~id Fw~bsnd, adcnowledped to +nd befw~ m~ that she execvted said irotrumem fra~ly ~nd volu~r ~ ~ ?arily and withovt aoy compulsion, co~straint, apprehension,y~ feu of or from her s~id husband. f ~ WITNE55 my h~nd and official s~+l th:~ f~~G d~y of A. D. 19.~_ ~ . Not~ry Pu in and iw tF» Sut~ of Fbrida at lar~ My ion txpires: L~ ! Q 7~ ~ R~tum To: ~ ~ First F~deral Sav'ugs i toan As:ocistion ~ Of Fat P3erce. , . ` • • :,c : j, ~ , . ~iry PIIaK. Stit! Of Fort Pierce. Flwid~ 1. - e,. ~ F~i ~t . , n . Comiaission.E~ires An~. 6. 1971 ~ ~ ~ . % . ~ e~~ li i bs~c Lb ~ - v= • t=' . ~ . FtL~D AND RECORDEO This Instrument Prepared By = ST.-CUCIE~ COUNTY, ~LA. : ~ ~ ~ _ _ : _ ~ L : C First Federal Savings b loan Association" •`'~.C~lpn 4 4?.F' C ; ~ of Fort Pierce • C~ : ` : ~r~?~~3 ' ~ '~O~' K'~ , • . ~ Chedced By Tnl~n rt~pllirss- ~=`_+~ST~~~~~- • '&9 ~~I~' ~ 6 ~ ~0 ~ 50 ~ ~~,t~ , ~ C~ LC~t! ~ ~QQ1( / PACE , ~7 ~ ° ; GS 3?~LER . Q~'fF3 ~ • ~ ~ i CLERK C~RCU1T COURT ~ ~ ` ~ , - _ ~ - ~ x~ ~ ~ '~.`~~~Y'Sr,.~^~.~Weu3 ..e_.=_~ _ _ Y'~'.¢.~' '`a~:~