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To plan and continuously keep on the buildings now a Mreafier situate on said land and on all equipment and personally covered by this mortg• pe, with all premiums thereon paid in full, lira insurance in tht usual standard policy form, in a sum approved by tM MORTGAGEE, and windstorm inswance in tM vswl standard policy form, in a sum approved by the MORTGAGEE, in such company or cornpanies as fl+a atMORmG, «E~d w diradt and all fin and windstorm insurance policies on a^Y of said buildups, any interest therein or part thereof, in tM pg eg In excess thereof, shall contain the usual standard mortgagee clause a such other clause as the Mortgagee may regwre, making 1IN loss under said pdi• ciss, each and awry. payable to said MORTGAGEE as its interest may appear. and each and every such policy shall bt promptly assigned a^d delivered to any Mb by said MORTGAGEE as fwther security to said mortgage debt, and, not kss than ten (10) days in advance of the exp'uation of each policy, to de• liver to said MORTGAGEE a renewal thereof, together with a receipt fa the premium of such renewal] and there shall be no f'ue or windstorm insurance placid an any of uid buildings, any intere:t therein a part thereof, unless in the form and with the loss payable as aforesaid; and in tM event any cam of money becomes paYa~ u^~ such policy a polKres card MORTGAGEE shall have the option to receive and apply the same on account of the indebted• nsss secured hereby a t0 permit said MORTGAGORS to receive and use it or any part thereof lor other purposes, without Ih:reb~ waivi•y or impair- ing any putty, lien or right under or by virtw of this morlgagst a^d in the event said MORTGAGORS shall for any reason fail to keep the said premises so insured, w fail b deliver promptly any of said policies of insurance to said MORTGAGEE, or fait promptly to pay fully any premium thaetor a in any respect fail to perform, dixharge, execute, effect, complete, comply with and abide by this covenant, a any part hereof, said MORTGAGEE may place and pay fa such inwrance a any part thereof without waiving a affectirsg any option, lien, equity, a right under a by virtw of this Mortgage. and the full antowst of each and every such payment shall be immediately due and payable and shall bear interest from the date thereof until paid at t)se rate of nine par certtvm par annum and together with such interest shall be secured by the lien of this mortgage. ~ To permit, commit or suffer no waste, impairment or deterioration of said property a any part thereof. S. To pay all and singular the costs, cltargea arid expenses, tncludrrp a reasonable ttaney i fee and costs of absrracts of title, incurred a paid at any time by said MORTGAGEE, because a in the event of the failure on the part of the~id MORTGAGOR to duly, promptly and fully perform, discharge. execute, effM, complete, comply with and abide by each and every the stipulatons, 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 wit pending; and the full amount of each and every such payment shall bear interest from the date thereof until paid at the rate of nine per centwn per amwm; and all said costs, charges and expenses incurred orpaid, together with such interest, shall be secured by the lien of this mortgage. 8. 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 ntor-ey 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 (O in the event each and every the stipulations, agreements, conditions and covenants of said promissory rate and this mortgpe any or either are not duly, promptly and fully performed, discharged, executed, effected. completed, complied with and abided 5y, then in either a any such awM the said erg' gregate sum mentiased in said promissory note then remaining unpaid, with interest accrued, and ail moneys secured hereby, shall becorne dw and pay able forthwith, a thereafter, at the opYan of said MORTGAGEE, as fully and completely as if all of the said sums of moray were originally stipulated to be paid on such day, anything in said promissory note or in this tAortgage to the contrary notwithstanding; and thereupon or thereafter st the option of said MORTGAGEE, without notice or demand, suit at la•.n or in equity, therefore or thereafter begun, may be prosecuted as if all moneys secured hereby had matured prior to its institution. 7. That in ihs 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 enforq 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 all and singular the income, profits, issues and revenws 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 habendwn 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 to the adequacy or inadequacy of the valor of the property mortgaged or to the solvency or insolvency of said MORTGAGOR a the defendants, and that such rents, profiri, income, issues and revenws shall be applied by such Receiver according to the lien or equity of said MORTGAGEE aril the practice of such CouA. 8. To duly, promptly and fully perform, dixharge, execute, effect, complete, comply with and abide by each and every the stipulations, preements, conditrorts and covenants in said promissory rate and this mortgage set forth. _ ~. 9. That in the event the ownenhip of the mortgaged premises, a any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its successors and assigns, 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 dixharging the Mortgagors' liability here- under orupon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the paA of the MORTGAGEE or its successors or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGES or iri successors or assigns, shall operate to release, discharge, modify change or affect the original 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 obligation hereunder a 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 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 payrnent an addirional sum estimated by mortgagee to be equal to 1 j 12 of the annual cost of the follow- ing: A-All real property taxes levied or assessed against the above described real estate. 8-Premiums on fire and windstorm insurance as herein required to be carried on the improvemeits situate on the above described premises. C-premiums on such mortgage guaranty insurance as mortgagee shall from time to tune 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 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. Seth sums sF.all be applied by mortgagee toward the payment of real property taxes, insurance prem.ums, aid mortgage gwranty insurance premiums. IN WITNESS WHERE ,the sa" MO GAGOR has hereunto set his hand and seal the day and year first aforesaid. . Sig ed and li i presence of: . aq .• ~ <<~~- ct--o STATE Of FLORIDA 55. COUNTY OF St . hLG ~ e ~~ before me personally appeared and Bpcci a A Wahgfexr _ his wife, to me well known and known to me fo bs the individuab described in and who executed the foregoing instrument, and sckrawkdged before me that they executed the same for the purposes therein expressed. And the sa' Bessie A. Webster wife of the said (9><arles Webster -- upon a separate and private examination by me taken separate and apart from her said husband, acknowledged to and before me that she executed said iratrwa~tCt•tt;sly t!^d volun- eerily and without any compulsion, constraint, apprehension, or fear of or from her said husband. s ' ~.f't -?~ ,-~ WITNESS my hand and official seal this ~ ~~ day of ALLOL1St ,; ~:~' ---:/-,~~~,9~ 69 Notary Public in and for iby :State~ts a ~t Vrl~ .,.,lam My Commission expires: ~~~ ~t~/rc ~ s•~ Return Tor - _= /''~' first federal $avirps b loan Association RECORD~O. •n':`~ :; .•;' ~v FILED AND .%';: _ - ~~ Of Fort Pierce. ~E COUN t f4~ Fort Pierce, Florida ~~~ - 4 _ :.• . This Instrument Prepared By Richard K. Keyes +t t,(` ~ ~ PM ~2 ~.~5 ~~ r First Federal Savings b loan Association Sg ~ ' of Fort Pierce Florida Checked By ,(Td+ CL_~(~K CIRCUIT COURT aooK179 ~~E .781 ~~ ~ ~ ~f