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To plea and contitttwusly ktep on the buildings now a hereafter situate on said land and on all equipment and personally covered by this mttrtg• age, with all premiums tftereon paid in full, fire insurance in the usual standard policy form, in a sum approved by tfte MORTGAGEE, and windstorm inwrance In the usual standard policy form, in a sum approved by the MORTGAGEE, in such company or companies a tM MORTGAGEE may dincet and all fire and windstorm inwranq policies on any of said buildings, any interest therein a part thereof, in the aggregate sum aforesaid a to excess Iherwf, shall contain the usual standard mortgagee clause a such other clause •s the Mortgagee may require, making the loss urder said po1F cies, each and every. payabb ro said MORTGAGEE as its interest may appsu, and each and every such policy shall be promptly au:gned and delivered to any htld by said MORTGAGEE u further security to said mortgage debt, and, not leu 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 placed on any of said buildings, any interest therein or part thereof, unless in the form and with the lou payable as aforesaid; and in the event any win of money becomes payable under such policy o. poltcies said MORTGAGEE shall have the option to receive and apply the same on account of tf-e indebted- ness sttturad hereby or ro permit said MORTGAGORS to receive and use if or any part thereof for o:her purposes, without th:r¢by waivi~ig or irnpair• irg any puny, lien or right under a by virtue of this mortgage; and in tM event said MORTGAGORS shall for any reason fail to keep the said premires so instxed, a fall ro deliver promptly any of said policies of insurance to said MORTGAGEE, or fail promptly to pay fully any premium therefor or in any respect fail ro perform, discharge, execute, effect, complete, comply with and abide by this covetwnt, or any part hereof, said MORTGAGEE may place and pay for such inwranu a any part thereof without waiving a affecting any option, lien, equity, or right under a by virtw 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 st the rate of nine per contain pat annum and together with such interest shall be secured by the lien of this mortgage. 1. To permit, commit or wffer no waste, impairment d deterioration of said property or any part thereof. S. To pay all and singular the costs, charges and expenses, including a reasonable attorney i fee and costs of abstracts of title, incurred a paid at any time by said MORTGAGEE, because a in the event of the failure on the part of the said MORTGAGOR to duly, promptly and fully perform, discharge, execute, affect, complete, canply with and abide by each and every the stipulattons, 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 imrncdiatety due and payable; whether or not there be notice ds mend, attempt ro_ collect a wit pendirg; and tM full amount of each and every such payment shall bear interest from the date thereof until paid at the rate of nine per contain 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 a default on the part of tiro 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 nest after the same severally become due and payable, without demand or notice, or (ra in the event each and every the stipulations, sgr menu, conditions and covenants of said promissory note and this mortgage any or either are not duly, promptly and fully performed, discharged, executed, effected, completed, complied with and abided 5y, then in either or any such event the said ag• gregate sum mentioned in said promiuory note then remaining unpaid, with iroerest accrued, and all moneys secured hereby, shall become due and pay- able forthwith, or 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 opYron of said MORTGAGEE, without notice or demand, wit at law or in equity, therefore or thereafter begun, may be prosecuted as if all moneys secured hereby 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 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 all and singular the income, profits, iuuts and revenues from whatever source derived, each and every of which, it being expreuly understood, is hereby mortgaged as if specifically set forth and desuibed in the graining and habendum clauses hereof, and such Receiver shall have all the broad a:d effective furxt,ons and powers in anywise entrusted by a Court to a Receiver, end 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 adequary a inadequacy of the valve of the property mortgaged or to the solvency or insolvency of said MORTGAGOR or the defendants, and that such rents, profiri, income, iutres 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 fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreemenri, conditions and covenants in said promiuory 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 successor and auigns, may, without notice to the h10RTGAOR, deal with such successes a 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 Itere• under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE o. its successors or auigra 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 charge 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. T1. In addition to the foregoing monthly payments of princ'paI and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an additional sum estimated by mortgagee to be equal to I % 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 on the improvements situate on the above desuibed premises. C-Premiums on such mortgage guaranty insurance as mortgagee sfwll from time to time deem fit to tarry 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 tlroreupon be due and payable on the due date of tfte 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, and mortgage guaranty insurance premiums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. Signed, sealed d delivered in t presence of: / • s ie , e u ~t r V ~ , (Seal t STATE OFD CONNBCTICiTT ~ ~ COUNTY OF Hi3ll,~tr,F~L'[I Before me personally appeared ?heZ@sa R. Liebl. a single adult ,red Barbara A. Liebl e a single adult , to me well known and known ro me to be the individwb described in and who executed the foregoing instrument, and acknowledged before me that they executed the same for the purposes therein expressed. ~•e+i - lee~oDf~~Mt WITNESS my hand and official seal this ~ ~ th day of ~~ Au9tlst / t-''L- _ _,',~ %C~ 19 69 Return To: Fast Pectoral Savings b Loan Association Of fort Pierce. Fort Piero, florids Notary Public in and for tM 5~~~ ~~tiCUt My Commiu""ton expires: _ .: . y_ _i/~,. ~.._ ~ r t•=(~ lfr c`1Li.*,r•ss N~~RE~-~u~H 3r~ •, ~:, FILED AND RECORDED ' ~ :~~ tr C z .~ ~;T, LUCIE COUNTY. FLY. ~ - -~ This Instrument Prepared By J. D, Chastain 181 1 X72 First Federal Savings b loan Association of Fort Pierce, Flo=ids '09 I".I'G ~ 3 P~ 12 • y5 Checked ey ~- ./JIC/ ~a'~''~~'~'`'' CLERK CIRCUIT COURT ~~~~ X79 ~ X32 ~k