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To plan and continuously keep on the buildings now a hereafter situate on said land and on all equipment and per>rsnalhr covered by this rrtortB• ttga, with all premiums thereon paid in full, firs insurance in the usual standard policy form, in a sum approved by the MORTGAGEE, and windstorm inswartce in tM usual standard policy form, in a sum approved by the MORTGAGEE, in such company a companies at the MORTGAGEE may diradt and all fGa and windstorm insurance policies on any of said buildings, any interest therein or put thereof, In the aggregate vein aforesaid a In excess Thereof, shall ton+ain the usual standard mortgagee clause or such other clause as the Mortgagee may require, making IM loss undo said poli• ties, each and every, payable to said MORTGAGEE as its interest may appear. and each and every such policy shall ba promptly su grted and delivered to any MW by said MORTGAGEE as further security to said mortgage debt, and, not leu than ten (10) days in advance of tlta sxpiratart of each policy, to de• liver to said MORTGAGEE a renewal thereof, Together with a receipt for the premium of such renewal; and there shall ba no lire a windstorm insurance placed on any of said buildings, any interest therein a part thereof, unless in the form and with Ihs loss payable as sforesaidr and In tM event any sum of mousy becomes payable under such policy or policies said MORTGAGEE shall haw the option -o receive and apply the same on account of the indebted~ Hass secured hereby or ro permit said MORTGAGORS to reteivs and use it or any part thereof for other purposes, without thereb/ waiving or impair- ing any equity, lion or right under or by virtue of this mortgage; and in the event said MORTGAGORS shall for any reason fail to keep the said premises so insured, or fail b deliver promptly any of said policies of insurance ro said MORTGAGEE, or fail promptly to pay fully any pranium thtrefor a in any respect fail ro parfortn, dischuge, execute, eHed, complete, comply with and abide by this covenant, or any part hereof, said MORTGAGEE may place and pay for such inwranq or any part thereof without waiving or affecting any option, lien, equity, or right under or by vi-tw 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 tM rata of nine per centum per annum and togNher with such interest shall be secured by the lien of this mortgage. I. To parmib commit a suffer no waste, impairment or deterioration of said property a any Part thereof. S. To pay all and sirtgulu the costs, charges and expenses, including a reasonable attorney i fee and costs of abstracts of tills, .incurred or paid at any tune by said MORTGAGEE, because a in the event of the failure on the part of the said MORTGAGOR ro duly, promptly and fully perform, dixharg0 execute, effsd, 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 dr mend, attempt to collect or suit pending; and the full amount of each and every such payment shall bear interest from the date thereof until paid st the rate of nine per centum per annum; and all said costs, charges and expenses incurred a paid. together with such interest, shall be secured by the lien 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 rafmred to be not promptly and fully paid within thirty (30) days next after the sari severally become due and payable, without demand or notice. or (c) in the event each and every the stipulations, agreements, conditions and covenants of said promissory note and this mortgage any or either are not iuly, promptly and fully performed, discharged, executed, effected, completed, complied with and abided by, thin in either a any such event the said erg gregate vein meNioned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall become dw and pay eble forthwith, a thereafter, at the option of said MORTGAGEE, as fully and completely as if all of the said sums of money were originally 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 a thereafter begun, may be prosecuted as if all moneys secured hereby had matwed prior to its institution. 7. That in the event that at the beginning of or at any time pending any wit upon this Mortgage, or to foreclose it, or ro reform it, or to enforce payment of any claims hereunder, said MORTGAGEE shall apply to the Coun 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 revenues from whatever source derived, each and every of which, it being expressly understood, is hereby mortgaged as if specifically set forth and desuibed in the granting and habendum clauses hereof, and such Receiver shall have all the broad and effective functions 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 ro the adequacy or inadequacy of the valve of the property mortgaged or to the solvency or insolvency of said MORTGAGOR a the defendants, and that such rents, profits, income, Tunes and revenues shall be applied by such Receiver according to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To duly, promptly and Tully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, condittorts 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 A10RTGAGEE, its successor and assigns, may, without notice to the MORTGAOR, deal with such successor or successor in interest with reference to this mortgage ind the debt hereby secured in the same manner as with Mortgagor without in any way vitiating or discharging the Mortgagors' (lability here- under orupon the debt hereby secured. No sale of the Premises hereby mortgaged and no forbearance on the pan of the MORTGAGEE or its successors or asigrts and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors or auigns, shall operate to release, discharge, modify change or affect the orginal liability of the MORTGAGOR herein, either in whole or in part. 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any obligatron hereunder or of the obligation se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In addition to the iorego:ng monthly payments of print"pal and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an addi~ional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: --- A-All real property taxes levied or assessed against the above described real estate. B-Premiums on fire and windstorm insurance as herein required to be carried en the improveme:tts situate on the above desuibed premises. C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the loan secured hereby. Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and such win shall thereupon be due and payable on the due date of the next monthly payment and each successive month thereafter until mortgagee shall notify mortgagor of s change in such amount. Such" wins shall be applied by mongagee toward the payment of real property taxes, insurance prem.ums, and mortgage guaranty insurance premiums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesa' Sig Sealed a i rite esence of: ~ ~ an aq r~ 1~l ~ (Seaq rt---4 STATE OF FLORIDA 55. couNTY of S t . Lucie Before me personally appeared B . B . (20s~ t2 artd Ieva Rosier his wife, to me well known and known ro me to ba the individwb described in and who executed the foregoing instrument, and acknowledged before me that they executed the same for the pvrpoxs therein expressed' And the sai • Ieva Rosier - wife of the said B • B • RQ!S]E T upon a sepuats and private examinattort by me taken separate and apart from her said husband, acknowledged to and before me that she executed said instrument .freely and volun• . ,,.~i. . verily and without any compulsion, constraint, spprehertsion, ~r feu of or from her said husband. • ' - . ~~ s July •.•'•r~ti k:•fq 6.~ WITNESS my hand and official seal this ~~ day of Notary Public~i}nfetnd for tfta State, pf,•lrlo~da at u q~ My Coma I / ~rasr • ~~.--~.sg~ fC' ~~ ~ °': . . Return To: ~ ~, _ ~ ~ .• P ' '~ first Federal Savings b Loan Associatwn ~ ~ ~.T G = Q% : - - _ ~ Of Fon Pierce. • ~ Fort Pierce, Florida FtL.EO ANO ~RECOROEO~_ . ' ; ` '' ~~ .•'4: •• ST. I.UCIE COUNTY•'~LA. .... _ .1~., RECORD VFRIFIFD ~.Ti.~ This Instrument Prepared By Thomas A. First Federal Savings dr loan Association of Fort Pierce , r loci ci2t Checked By ~r; Driscoll 18~"~4 '69 AUG I AN 10.5 0 C'"a-~'kct,~ ROGER POITR~S CLERK CIRCUIT COURT' 800K 179 PAGE 257 ~~ cf ~~,