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To place and continuously keep on tFts buildings now or hereafter situate on said land and on all equipment and personally covered by this mortg• pe, with all premiwos thereon paid in full, fire inwrance in the usual standard polity form, in a sum approved by the MORTGAGEE, ar-d windstorm insurance in tM uswl standard policy form, in a sum approved by the MORTGAGEE, in such company or companies as the MORTGAGEE may direct] and ell tin and windstorm insurenc~ policies on any of said buildings, any interest therein or part thereof, in the aggregate wm aforeaid or In excess thereof, shall contain the usual standard mortgagee clause or such other clause as the Mortgagee may require, making tM loss under said poli• ties, each and every. payable b aid MORTGAGEE as its interest may appear, and each and every such policy shall bs promptly assigned and delivered to any Mb by said MORTGAGEE as furtMr security to said mortgage debt, and, not less than ten (10) days in advance of the expiration of each policy, to de• liver ro said MORTGAGEE a renewal thereof, together with a receipt for the premium of such renewal; and there shall be no firs or windstorm insurance plead on any of said buildirgs, any interest therein or part thereof, unless in the form and with the loss payable as aforesaid; and In tlse event any sum of money becomes payable undo stxh poliq/ or polresss sard MORTGAGEE shall have the option to receive and apply the same on account of tM irsdebted• ness secured hereby or ro permit said MORTGAGORS to receive and use it or any part thereof for other purposes, without thsreb/ waivi,sg or impair- ing any equity, lien or right under of by virtw of this mortgage; end in the event said MORTGAGORS shall for any reason fail to keep the said premises so insured, a fail b deliver promptly any of said policies of insurance to said MORTGAGEE, or fail promptly to pay fully any premium therefor or in any rasped fail ro perform„ discharge, execute, effect, complete, comply with and abide by this covenant, or any part hereof, said MORTGAGEE may place and pay fa such insurance or any part thereof without waiving or affecting any option, lien, equity, or right under a by virtue of this Mortgage, and the full amount of each and every such payment shall be immediately due and payable and shall bear interest from the date thereof until paid at tFse rate of nine per centum per annum and together with such interest shall be secured by the lien of this mortgage 1. To permit, commit a suffer no waste, impairment or deterioration of said property or any part thereof. 5. To pay all and sirgulst the torts, charges and expenses, including a reasonable attorney's fee and costs of abstracts of title, incurred or paid at any time by said MORTGAGEE, because or in the event of the failure on the part of the said MORTGAGOR to duly, promptly and fully perform, discharge, exeatt, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions, and covenants of said promissory note and this mortgage any or either, and said costs, charges and expenses, each and every, shall be immediately due and payable; whether or not there be notice der mend, attempt ro collect a suit pending; end the full amount of each and every such payment shall bear interest from the date thereof until paid at the rate of nine per centum per annum; and all said cosri, charges and expenses incurred or paid, together with such interest, shall be secured by the lier- of this mortgage. 6. That (a) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, or (b) in the event any of said sums of money herein referred to be not promptly and fully paid within thirty (30) days next after the same severally become due and payable, without demand a notice, or (~ in the event each and every the stipulations, agreements, conditions and covenants of said promissory rrote and this mortgage any or either are not ivly, promptly and fully performed, discharged, executed, effected, completed, complied with and abided by, then in either or any such evem the said ag• gregste wm mentior-ed in said promissory note then remaining unpaid, with interest accrued, and ail moneys secured hereby, shall become due and pay able forthwith„ or thereafter, at the option of said MORTGAGEE, as fully and completely as it all of the said wma of money were aginally stipulated to be paid on such day, anything in said promissory note or in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at the option of said MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted as if all moneys secured hereby had matured prior to iri irgtitution. 7. That in the event that at the beginning of or at any time pending any suit upon this Mortgage, a to foreclose it, or to reform it, or to enforce payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof for the appointment of a Receiver, such Court shall forthwith appoint a receiver of said mortgaged property all and singular, including ail and singular the income, profits, issues and revenws from whatever source derived, each end every of which, it being expressly understood, is hereby mortgaged as if specifically set Torch and described in the granting and habendum clauses hereof, and such Receiver shall have all the broad and effective funct.ons and powers in anywise entrusted by a Court to a Receiver, and such appointment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the adequsq a inadequacy of the value of the property mortgaged or to the solvency or insolvency of said MORTGAGOR or the defendants, and that such rents, profiri, income, issues and revenues shall be applied by such Receiver accordrrtg to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To duly, prompty and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipufatioru, agreements, corsdittons and covenants in said promissory note and this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, iri successors and ssigns, may, without notice to the MORTGAOR, deal with such successor or successor in interest with reference to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating or discharging the Mortgagors' liability here- under or upon the debt hereby seared. No safe of the premises hereby mortgaged and rso forbearance on the part of the MORTGAGEE or its successors or assigns end no extension of the time for the payment of the debt hereby secured given by the MORTGAGE'_ or its successors or assigns, shall operate to release, discharge, modify change or effect the orig'usal liability of the MORTGAGOR herein, either in whole or in part. 10. It fs specifically agreed that time is of the essence of this contract and that no waiver of any obligation hereunder or of the obligaYton se- ared hereby sMll at any time thereafter be held to be a waiver of rise terms hereof or of the instrument secured herby. 11. In addition to the foregoing monthly payments of princ'pal and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an addirionsl sum estimated by mortgagee to be equal to 1 /12 of -the annual cost of the follow- in9: A-All real property taxes levied or assessed against the above described real estate. B-Premiums on-fire and windsi,xm inswarce as herein required to be carried on the improveme.~ts situate on the above described premises. C-Premiums on such mortgage gwranty insvrar,ce as mortgagee shall from time to tune deem fit to carry on The ban seared hereby. Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and payable on the due date of the next monthly payment and each successive month thereait~r until mortgagee shall notify mortgagor of a charge in such amount. Suth sums shall be applied by mortgagee toward the payment of real property taxes, inwrance prem,ums, and mortgage gwranty inwrance pre ms. IN WITNESS tfERECF, the said MORTGAGOR s hereunto set his hand and seal the day and year first aforesaid. end li 'n the pr of j ~ / •n : o c ire n ' Sean ' e s e s e Sc ire man STATE OF )~ ~~' 55. COUNTY OF _ Before me personalty appeared Vito Schiralli and Teasie $Chiralli his wife, to me welt known and known to me to be the individwb described in and wlto executed the foregoi `instrument and acknowledged before me that they exeated the same for the purposes therein expressed. And the ai Teasle Sehiralli wife of the aid Vito Schiralli upon a separate and private examfnatson by me taken separate end apart from Fser aid husband, acknowledged to and before me that she exeated aid instrument freely and votun- tsrily and without any compulsion, constraint, apps fear of or from her said husband. WITNESS my Rand and official oral thi day of 'J~ ~~ A A. D. 19 69 Retwn To: First federal Savings b loan Association Of Fort Pierce. Fort Pierce, Florida This Instrument Prepared By •j. D. Chastain First Federal Savings b loan Association opf,F~ort Pierce ~ Florida Checked By ! ,~ '69 800K ~~9 PACE ~. ~.- - Notary Public in and for tfse State ~ EM My Commission expires: f~fl IfSTER F. C[1tAR0 f)fIDi/1Ry f-UBLIC, Btote of Nth! Y~1 Plo. 52-690525 Quofifird in Buffett QotRt+sistias Expiraa J1lorld?s 3~`f 3,~_~~_o .:~ FILED AND RECORDED ST, LUCIE COUNTY. FLA. RFCQRf? ~IfiR~FIED 181283 AUG I AGM 10:50 2 J f?OC ~ R ROITR,t t ~' CLERK CIRCUIT C~c...RT `~ '-~-s -_- _~; .~ . r " 'r ~ •- -r ~` 34 s'o ~'1 3 f1 d ~` ~~- _ • ~~~,3~1~r~~ ~, f