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To place and continuously keep on the buildings now o- hereafter situate on said land and on all equipment and personally covered by this matg• +ge, with all premiums thereon paid in full, fire insurance in the usual standard policy form, in a sum. approved by tM MORTGAGEE, and windatam inwrana M tFse uswl standard policy form, in a sum approved by the MORTGAGEE, in such ,company w companies as the MORTGAGEE may directf end all fire and windsrorm inswance policies on any of said buildirgs, any interest therein or pert thereof, in the aggregate sum aforesald or In excess thereof, shall contain the uswl standard mortgagee clause o- such other clause as the Matgsgee may require, making tM loss under said poli- ties, each and every, payable ro said MORTGAGEE as its interest may appear, and each and every such policy shall be promptly assigned and delivered to any Mld by said MORTGAGEE as further security to said mortgage debt, end, not less than ten (10) days in advance of the expiration of each policy, to de• liver to aid MORTGAGEE a renewal thereof, together with a receipt for the premium of such renewal; and there shall be no firs or windstorm insurance plaottd on any of aid buildings, any interest therein or part thereof, unless in the form end with the lou payable as aforesaid; and in the went any sum of money becomes payable under such policy a policies said MORTGAGEE shall have the option to receive and apply the ame on account of the indebted rsess secured hereby or ro permit said MORTGAGORS to receive and use if or any part thereof For oshcr purposes, without th:reb/ waiving or rmpair- irp any equity, lion or right under w by virtw of this mortgage; end in the event aid MORTGAGORS shall fd any reason fail to keep the said premises so insured, or fail ro deliver promptly any of aid policies of insurance to aid MORTGAGEE, a fail promptly to pay fully any premium therefor a in any rasped fail to perform, discharge, execute, effect, complete, comply with and abide by this covenant, a any part hereof, said MORTGAGEE may place and pay fa tuck tnswanu a any pert thereof without waiving or affecting any option, lien, equity, or right under or by virtw of this Mortgage, and the full amount of each and every such payment shall be immediately dw and payable and shall bear interest from the date thereof until paid at the rate of nine per centum per annum and together with such interest shall be secured by the lien of this mortgage. 1. To ptrmit, commit or suffer no waste, Impairment or deterioration of said property or any part thereof. S. To pay all and singular the cos», charges and expenses, including a reasonable attorney's fee and costa of abstract: of title, incurred or paid at any time by aid MORTGAGEE, because or in the event of the failure on the part of the said MORTGAGOR to duly, promptly 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 +nd this mortgage any or either, and aid costs, charges and expenses, each and every, shall be immediately due and payable; whether a not there be notice de- mand, 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 centum per antwm; and all said costs, charges and expenses incurred or paid, Together with such interest, shall be secured by the lien of this mortgage. b. 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 referred to be not promptly and fully paid within thirty (30) days next attar the same severally become dw and payable, without demand or notice, or (~ in the event each and every the stipulations, agreements, conditions and covenants of said promissory note and this mortgage any or either are not July, promptly and fully performed, discharged, executed, effected, completed, complied with and abided 5y, then in either a any such event tM aid ag• gregaN surrt mentioned in saint promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall become dw and pay- able forthwith, or thereafter, at the option of said MORTGAGEE, as fully and completely as if all of the said wms 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 a thereafter at the option of said MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted as if all moneys secured hereby had matwed prior to i» institution. 7. That in the event that at the beginning of or at any time pending any suit upon this Mortgage, a to foreclose it, M to reform it, or to enfwp payment of any claims hereunder, aid MORTGAGEE shall apply to the Court having jurisdiction thereof for the appointment of a Receiver, such Court shall Forthwith appoint a receiver of aid mortgaged property all and singular, includ.ng all 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 iunct~ons 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 wlw of the property mortgaged or to the solvency or insolverxy o4 said MORTGAGOR a the defendants, and that such rents, profi», income, issues and revenws shall be applied by such Receiver according to the lien or equity of aid 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, agreements, conditions and covenants in said promissory rate 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 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 discharging the Mortgagors' liability f+ere• under or upon the debt hereby secured. No ale of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE a its successor or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGE'_ or its successors a assigns, shall operate ro 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 or of the obligation sr cured hereby shall at any time thereafter be held to be s waiver of the terms hereof or of the instrument secured herby. 11. In addition to 1Fx foregoing 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 addirional 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 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 ben secured hereby. Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder end 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 shat) be applied by mortgagee toward the payment of real property taxes, insurance prem.ums, and mortgage gwranty insurance premiums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set hie hand and seal the day year first aforesaid. Signed, Sealed and delivered in the presence of: ~ STATE OF FLORIDA St. Lucie ~' couNTY of an aq seen Before me pertonally appeared Tt]bII Fsiward l~ocei r~lc _ end Olive $. Messick his wife, to me well known and krwwn ro me to be the individwb described in and who executed the foregoing instrument, and acknowledged before me that they executed the same for tM pwposes therein expressed. And the sa' wire of the aid John Edward Messick examinaYan by me taken separate and apart from her said husband, acknowledged to end before me that she executed ss' tarily and without any compulsion, constraint, appreheraion, or fear of or from her aid husband. WITNESS my hand and official teal this ~ 6 i` day of AtilQllSt - - n 3 upon • eaAjk p1fYA!t td instr~etegiy,and vohpr s`s.,. ~,c ~ ~~ .._:. . . _'y 3 ~1 Notary Public in and for_thLe~StatC„!R fTwida at lar~ ~~:.' Return To: FIL~ `a~~~t~E9~'~=~7~ ~~ `' ~ _ - fint federal Savings a Loan /ltsociation ST, LUCIE COUNTY, FLA. ,''~' ~ ~. %~ of fo.t Pierce. RCCOR~ VERIFIeO I'• :, ~=. fort Pierce, Florida 1Si(,~sj ~ ` ~ ,; ~~..JlC~)VV ~ r '69 AUG 18 PM 3 : 0 8 This Instrument Prepared By Richard K. Keyes First Federal Savings b loan Association ~nGFR ~~~ of Fort Pierce, Florida CLERK CIRCUIT C URT Checked By /~ _. BOOK ~~~ V~GE~1 I~ ,~., ~` cf