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To play and continuously keep on tM buildings now a heroafter situate on said land and ors all puiprttertt and personally covered by this mortg• age, with all premiums thereon paid in full, firo insuranu in tM usual standard policy form, M a sum approved by tM MORTGAGEE, and windstorm inssrrana in 1M uswl aandard policy form, in a sum approv_a~ by tM MORTGAGEE, in such company a companies as tM MORTGAGEE may direct; and all fire and windswrm insurance policies on any of said Inlild~rsgs, any interost therein or part thereof, in 1M aggregate sum aforesaid a in excess thereof. sMll contain 1M uswl standard mortgagee clause a such other clause as tM Mortgagee may rpu-ue, making tM lou under said poli• ties, each and every. payable fo saW MORTGAGEE as its interest may appear, aril torch and every surfs policy shall be promptly au:gned and delivered to any held by said MORTGAGEE as fwtha security to said mortgage debt, and, not lea than ten (10) days in advance of tM expiration of each policy, ro de- liver to said AIIORTGAGEE a rerrowal thereof, together with a receipt for tM premium of such renewal; and tMre shall be ra fire a windstorm inwrance plead an any of said buildings, arsy interest therein a part thereof, unteu in tM form and with tM lou payable as aforesaid; and In tM event any sum of matey becomes payable under such policy a pollcles saki MORTGAGEE shall have tM option to receive and apply tM same on account of tM indebted• neu setvred htxeby .or b permit said MORTGAGORS to receive and use it a any part thereof for other purposes, without th:rl:by waivi~~g a unpair- irg any puffy, tiers a right under or by virtue of this mortgage; and in tM event said MORTGAGORS shall for any reason fail to keep tM said premisd so insured, or fail to deliver promptly any of said polKies of insurance to said MORTGAGEE, a fail promptly to pay fully any premium therefor a in any respect fail b perform, distl-arge, execute, effect, complete, comply with and abide by this covenant, a any part Mreof, said MORTGAGEE may plea a^d pay for suns imwance a any Part thereof without waiving or affecting any option, lien, puny. a right under or by virtue of this Mortgage. and the full atravnt of each aril every such payment shall be immediately due and payable and shall bear interest from tM date thereof anti{ paid at tM rate of Wins per antum per annum and togetlror with such interest shall be secured by tM lien of this mortgage. 1. To permit, arrlmit or wffer no waste, impairment a deteiluation of said property a any part thereof. S. To pay all and singula tM costs, cMrges and expanses, including a reasonable attorney's fee and costs of abstracri of title, incwred or paid at any time by said MORTGAGEE, because a in tM event of the failure on the part of the said MORTGAGOR to duly, promptly aril fully perform, dischargR execute, effect, complete, comply with and abide by each and every the stipulations, agreenronts, conditions, and covenanri of said promissory note and this mortgage any of either, and said costs, charges and expenses, each and every, shall be immediately due and payable; whether a not there be notice de• mend, attempt to tolled a suit periling; and tM full amount of each aid every such payment shall bear interest from the date tMreof until paid at tM rate of nine pa antum per amwm; and all said costs, charges and expenses incurred a paid, together with such interest, shall be secured by 1M lien of this mwfgsge. 6. That (a) in tM event of any breach of this Mortgage or default on the part of the MORTGAGOR, a (b) in tM 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 or notice. or (cJ in tM event each and every the stipulations, sgreemenri, conditions and covenants of sa:d promissory note and this mortgage any a either are not iuly, promptly and fsrlly performed, discharged, executed, effected, completed, complied with and abided by, 1Mn in either a any such event tM said ag• gregate wm menYarsed in said promissory note then remaining unpaid, with interest acuued, and all moneys secured hereby, shall become dw and pay' able forthwith, a thereafter, at tM option of said MORTGAGEE, as fully and completely as if all of the said wms of nsoney were originally stipulated said MORTGAGEE without ynpY~ for sdemand, suuitr atnlatw or ntpui~ tiserefore hor thereafte~begunt rtwy be prosehcuted as f alll f enaneysasecvred thereby had matured prior to iri institution. 7. That in the event that at the beginning of a at any time pending any suit upon this Mortgage, a to foreclose it, or to roform it, a to anforos payment of any daims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof for the appointment of a Receiver, such Court shall Forthwith appoint s receiver of said mortgaged property all and singular, including all and singular flee income, profits, issues and revenues from whatever source derived, each and every of which, it being expressly ursderstood, is hereby mortgaged as if specifically set forth and described in tM granting and habendum douses hereof, and suds Receiver shall have all the broad and effective functions and powers in anywise entrwted by a Court to a Receiver, and such appointment shalt be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to tM edpuat:y a irtadpuagr of tM value of the property mortgaged or to tiro solvency or insolvency of said MORTGAGOR a the defendants, and that such rents, profits, income, issues and revenws sMll be applied by such Receiver according to flee lien a puny of said MORTGAGEE and tM practice of such Court. 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every tM stipulaYlorss, agreements, conditions and covenants in said promissory note and this mortgage set forth. 9. llsat in the event tM ownership of 1M mortgaged premises, a any part thereof, becomes vested in s person other than the MORTGAGOR, the MORTGAGEE, :ts successors and suigns, may, without notice to the MORTGAOR, deaf with such successor a successor in interest with reference to this mortgage and tM debt hereby secured in tM same manner as with Mortgagor without in any way vitiating a discharging the Mortgagors' liability here- under or upon tM debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on thK part of the MORTGAGEE or its successors or auiglx and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors a auigrss, shall operate to release, discharge, modify change a affect the original liability of the MORTGAGOR herein, either in whole a in put. 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any obligation hereunder a of tM obligaYlon sr 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 additwn to the forego:ng monthly payments of print pal and interest required by the promissory note secured hereby, nsortgsgor covenants and agrees to pay ro mortgagee with each monthly payment an addiilonal sum estimated by mortgagee to be equal to 1/l2 of the annwl cost of the folbw- ~ng. A-All real property taxes levied or assessed agai^st the above described real estate. B-Premiums on fire and windstorm insurance as herein required to be carried on the improvements 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 ban secured 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 thereafter until mortgagee shall notify mortgagor of a change in such amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance premiums, a~xl mortgage gwranty insurance premiums. - IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. ~~Sealed and 'vexed ' tM presence of: _ r . w IJ-. 1/Y1 /l~iy +~ STATE OF FLORIDA couNTY of ST. LUCIB SS ISwa~ 1)eforo rrte ptsrsonally a~Qeared F s er Ra L. FisheY •nd a L. his wife, to me well known and known to me ro be tM irdividwls described in and who executed the foregoing instr t and acknow eeaas~ed before rrse that they executed tM same for the purposes -dna L. F~sber therein expressed. And the sa' wife of tM said Ray L. Fisher upon a separate and private examinaYlon by me taken separate and apart from her said husband, acknowledged to and before me that sM executed said instrurrront freely and volun- tarily and without arty compulsion, constraint, appreheruion, fear of or from her said husband. WRPIESS my Mnd and official seal thi• ~~ day of /~tl()llst '~ _ A. D. 19 69 Return Toe ~..•Ilssrl,/. '• ~~`' First Federal Savings fi loan Association •• ~ ,Z ~•, ' • Of Fort Pierce. 7 ~ .•••"'•• ~ ~•- Fort Pierce, Florida ` ~ r = J. ,_? V • `' - n: p ~ Instrument Prepared By J • R Thi • ~ ;- . =C~sfs i' . ~ J s First Federal Savings b loan Association ~•~ ~ ; ~ •., ~=s'+- ~ ,.~ ., of Fort Pierce Rlorida t . ~ JJ,••'~•••••'•~ ~-' = ~ ~ , ''i v ,i :.~~, r~ ..'1 rrrr ~,•• ~ rljlj tl\1tj1 [ Checked By - -. Notary Public in and for ~ State ~f ~ td~ a~lalps My Commission expires: ~ d. Y ~- PI>8f~, Stab d Plaids ill RDEC- S I ~,rcRIF1E0 RECi-RC 6~9'S~ ~~ Quc 181504 ~' rocE.K i-oi CLERK CIRCUIT COURT (^' pox 17'9 ~,~ 549 ~~ ~< 1~,