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To play and continuously keep on the buildings now or Mreafter situate on said land and on all equipment and personally covered by this mortg- age, with all premiums thereon paid in full; firo insuronu in the usual standard policy form, in a sum approved by the MORTGAGEE, and windstorm insuratxe to the vswt standard policy form, in a sum approved G9 the MORTGAGEE, in such company a companies as the MORTGAGEE may d'trsdt and all firo and windstorm insvrsnp policies on any of said buildings, any interest therein or part thereof, in the aggragate :um aforesaid or In sxuu therrgf, sMll contain the usual standard mortgagee clause a such other clause as Ihs Mortgagee may require, making the lou under said po1F des, each and every, payable ro said MORTGAGEE u its interest may appear, and each and every such policy shall be promptly au:gned and delivered to any Mld by said MORTGAGEE as further security to said mortgage debt, and, not Ieu than ten (10) days in advance of the expiration of each policy, fo ds• liver ro said MORTGAGEE a renewal thereof, together with a receipt for the premium of such renewal; and there shall bs no fire or windstorm insurance placed on any of said buildings, any interest therein a part thereof, unleu in the form artd with the lou payable as aforesaid; and in the event any sum of money becomes payable under such policy a policies said MORTGAGEE shall have the option to receive and apply the sanx on account of the indebted- neu secured hereby or ro permit said MORTGAGORS to receive and use it or any part thereof for o: her purposes, without thsrebr waivi~tg or unpair- irg any putty, lien or right under or by vfrtw of this mortgage; and in the event said MORTGAGORS shall fa any reason fail to keep the said premiss so inwred, or fail ro deliver promptly any of said policies of insurance to said MORTGAGEE, a fail promptly to pay fully any premium therefor or in any respect fail ro perform, discharge, execute, afford, complete, comply with and abide by this covenant, a any part hereof, said MORTGAGEE may place and pay fq such inawance or any part thereof without waiving or affecting any option, lien, equity, or right under a by virtue of this Mortgage, and the full amovr-1 of each arsd every such payment shall be immediately dw and payable and shall bear interest from the date thereof until paid at the rats of nine per centum par annum and together with such intercat shall be secured by the lien of this mortgage. ~. To permit, commit ar wffer no waste, impairment or deterioration of said property a any part thereof. 5. To pay all aril sir+gulsr the costs, charges aril expenses, including a reasonable attorney's fee and costs of abstracts of title, incurred or paid at any time by said MORTGAGEE, becaus or in the event of the failure on the part of the said MORTGAGOR to duly, promp-1y and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions, and covenants of said promissory note and this mortgage any a either, and acid costs, charges and expenses, each and every, shall be immediately due and payable; whether a not there be notice de• mend, attempt to tolled or 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 amtum; and all said costs, charges and expenses incurred or paid, together with such interest shall be secured by the lien of this mortgage. G. That (a) in the event of any breach of this Mortgage or default ore the part of the MORTGAGOR, or (b) in the event any of std 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 (c) in the event each and every the stipulations, agreements, conditions and covenants of said promissory note and this mortgage any or either are nol >tuly, promptly and fully performed, discharged, executed, eifectrd, completed, complied with and abided Sy, then in either a any such event else said ag• gregate wm mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall become due and P+Y' 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 o. in this Mortgage to the contra.y notwithstanding; and thereupon or thereafter at the option of said MORTGAGEE, without notice a demand, suit at law 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 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 ~urisd~ction thereof for the appointment of s Receiver, such Court shat) forthwith appoint a receiver of said mortgaged property all and singular, including ail and singular the income, profits, iuues and revenues from whatever source derived, each and every of which, it being expressly understood, is hereby mortgaged as if specifically set iwth and described in the granting and habendwn clauses hereof, and such Receiver shall have all the broad and effective functions and powers ir. 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 adequsry or inadequacy of the value of the property mortgaged or to the sonrency or insolvency of said MORTGAGOR or the defendants, and that such rents, profiri, income, iuves and revenues shall be applied by such Receiver according to the lien a 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 fix stipulations, agreements, condiYtorts 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, its succeuors and auigrts, may, witfwut notice to the MORTGAOR, deal with such successor or successes in interest with reference to this mortgage and the debt Isereby secured in the same manner as with Mortgages without in any way vitiating or dixharging the Mortga5wrs' liability here- under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE or its succeuors or auigrts and no extension of the time far the payment of the debt hereby secured given by the MORTGAGE' 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 essnce of this contract and that no waiver of any obligation 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 foregoing monthly payments of princ'pa1 and interest required by the promissory Wore secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an additional :um 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 deuribed real estate. B-Premiums on fire and windstorm insurance as herein required to be carried on the improvements 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 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 tee applied by mortgagee toward the payment of real property taxes, insurance premiums, and mortgage gwranty inwrance r 1 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. / i al and delivered in the presrsce of: •n >~ one :. i „ scan n s- " STATE OFX~61?AC DELAi'iAR COUNIY OF ~ C..Q~Y~iCi- I)efore me personally a argil Kenneth ; . Geraldine P . Filbert __ his wife, to me well known and known ro the individwls described in and who executed the foregoing instrument, and acknowledged before me that they executed the same for the Geraldine P. ?ilbert °'"'rrir,. . and to be thereto expressed. Atsd the sat r ` ~, . wife of the said Kenneth l•.. c ilbert vPP,n,r~•~ tr~irtg_~.itnate examination by me taken sparste and apart from her said husband, acknowledged to and before me that she executed said ir~ntperbrA -ard.v~ tartly and without any compubion, constraint, apprehension, or fear of or from her std husband. ;~ ~ ;, ~•. ' , ~,. •• WITNESS my hand and official sal this day of ~uQlTS t ' ~ - - /~ ~~ - A, ~. ~. Notary Return To: FILED-AND RECUtivtu Fist Federal savings ~ Loan Association ST, LUCiIE COUNTY. FLA. of Fort Pierce. RFCOP.~ VERIFIED fort Pierce, Florida iQ18~6 '69 AUG t 5 AM 10:45 This Instrument Prepared ey 1. D . Chastain/~ First Federal Savings 8t Loan Association of Fort Pierce , Florida CLERK CIRCUIT COURT: Checked By ~ in and for the state' of J4(a'~`~Yr~~~btf n expires: - :- •'- +. •` ~ .~ ye,~y~•or. . -, .. ~•a7-7o ~'4. BooK119 ~~E1056 ~ ; SS. Filbert ~~