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To plea and continuously keep on the buildings now a hereafter situate on said land and on ail equipment and personally covered by this ~q' pe, with ail premiums thereon paid in full, fire insurance in the usual standard policy form, in a sum approved by the MORTGAGEE, and windstorm inwrana to the uswl standard policy form, M a sum approved by tM MORTGAGEE, in such company or tompanits as tM MORTGAGEE may direct; and all fire and windstorm insurance policies on any of wid buildups, any interest therein or part thereof, in tM aggregate sum aforesaid a to excess thereof, atoll contain the uawl standard mortgagee clause or such other clause as the Mortgagee may require, makirp the loss under said po1F cia, each and every, payable t0 said MORTGAGEE as iri interest may appear, and each and every such policy shall be promptly assigned and delivered to any held by said MORTGAGEE as further security to said mortgage debt, and, not less than ten (10) days in advance of the expiration 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 ra fire or windstorm inwrance placed an any of said buildups, any interest therein or part thereof, unleu in the form and with the lou payable u aforesaid; and in the event any wm of money becomes payable under such policy or policies said MORTGAGEE shall have the option to receive and apply the same an account of the Gedebted• neu secured hereby or M permit said MORTGAGORS to receive and use it p any part thereof for other purposes, without th.reb~ waiving or impair- ing any equity, lien a right under or by virtw of this morsgage; and in t)+e event said MORTGAGORS shall for any reason fail to keep the said premises so insured, a fall b 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 b perfom-, discharge, execute, effect, complete, comply with and abide by this covenant, or any part hereof, said MORTGAGEE may plan and pay for such inswana or any part thereof without waiving or affecting any option, lien, equity, or right under w by virtw of this Mortgage, and the full amount of each and every such payment shall be irrunediately 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 mortgpe. 4. To permit, corrtrttit or wffer no waste, impairment o- deterioration of said property or any part thereof. S. To pay all and sGpular the cosri, charges and expenses, including a reasonable attorney's fee and msri of abstracts of title, incurred or paid at any time by said MORTGAGEE, because or in the event of the failure on the part of the said MORTGAGOR to duly, promptly and fully perform, discharg4 e:ecvte, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions, and covenanri of said promissory note and this mortgage any or either, and said costs, charges and expenses, each and every, shall be immediately dw and payable; whether or not there be ratite de• mend, attempt to collect or wit peredirp; 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 anrrrm; and all said costs, charges and expenses incurred or paid, together with such interest, shall be secured by the lien of this mortgage. 6. That (a) in tM 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 after 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 promiuory rate and this mortgage any or either are red iuly, promptly and fully performed, discharged, executed, effected, completed, complied with and abided `iy, then in either or any such event the said ag• gregste sum mentarted in said 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 sums of money were originally stipulated to be paid on such day, anything in said promiuory note or in this Mortgage to the contrary notwithstanding; and thereupon or 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 alt moneys secured hereby had matured prior to its institution. 7. That in the event that at the beginning of or at any time pending any suit upon this Mortgage, or to foreclose it, or to reform it, or to enforce payment of any cla'uns 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 sirsgvlar, fnclud~ng all and singular the income, profits, issues and revenws from whatever source derived, each and every of which, it being expreuly understood, is hereby mortgaged as if specifically set forth and desvibed 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 wch Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the edequagr or inadequar:y of the valor of the property mortgaged or to the solvency or insolvency of said MORTGAGOR or the defendants, and that such rents, profits, income, iuues 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, preemenri, conditions and covenants in said ptamiuory 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 succeuor and sugns, may, without notice to the MORTGAOR, deal with such successor or successor in interest with reference to this mortgage end the debt hereby secured in the same manner as with Mortgagor without in any way vitiating or discharging the Mortgagors' 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 successors or auigns and no extens'an of the time for the payment of the debt hereby secured given by the MORTGAGEE or its succeuors or auigns, shall operate to rckase, 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 a of the essence of this conuad end that no waiver of any obl'egaYeon hereunder or of the obligation se- cured hereby shall st any time thereafter be held to be a waiver of the terms hereof a of the instrument secured herby. 11. In addition to the foregoing monthly payments of prirx'pal and interest required by the promissory note secured hereby, mortgagor covenanri and agrees to pay -o 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. 8-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 time deem fit to carry on the loan secured hereby. Mortgagee shall from time to tkne notify mortgagor in writing of the amount due and payable hereunder and such wm shall thereupon be dw and payable on the dw date of the next monthly payment erred 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 y err first aforesaid. Sig Sealed and liver the presence of: e s utnsso sS o ee igna- ~ a~ ~d~iga~an~~ ~~. ~ s Baldi ness~s tQ the signor- 1 h i es o Bober W. r • ~ +wo~~ s~ u~a~ Sr. and Louise H 4 ~- STATE OF fTORIDA / couNTY of Sx--Lucie ~' RlLED AND RE60FtDE9~. S7, WCIE COUNTY. FLA. _ -._ .-- Before me personally appeared C F FLED - _ -and Alma E. Baldi a ~~~~~~~,~ ;'~ his wife, to me well kTtb^~" r 'rtes: !o`be the individwb dewibed in and who executed the foregoing irutrumeht, and ackrrow ed before me that they exscp?~~tAp.e~fib~f~- therekr expressed. And the sa' xsy°r°` ~ • °°' ~ - - - . _ . . Staple W. . •.~. '' wife of the said ~ldi a . W~ a >kp+ralC exsminaYan by me taken separate and apart from her said husband, acknowledged to s bef me that she exewtad_ YSid instwrrlaAt• frtaly rsrily and without any compulian, constraint, apprehension, or fear of or from her sa ; ..~_ ; 7 ,, l- `' • ••~ ~:• tr = :- ~~ R4GE~? RaS ;~ WITNESS my hand and official seal this °~ 3 day R "- ~ ~:`~-.f-~ ~ Notary Public in and for the Statf: off a' it' large STAT~ My Commiuion expires: /~ 3- 7~ COUNTY OF ~ •-- -- Before me personal appeared 12e16~r t W _ tehutrn _ Cr _ and r • ~ his wife, to me well known and known to me to be the irdiyiidu~s= ~ ~ iri`4jd who executed the foregoing instrument, and acknowledged before me that they executed the same for the purposes Ihereis~rwlp ps~ And-t~,fai8 Louise H• Amburn wife '~ jl:! rrQd_~ • ~ ~ ~= Robert W. Ambnrn, Sr • ,upon • seps.ate and prrvsts exami~at~Drt b~me`taken se~sape;end apart from her said husband, acknowledged to and before me that she cxecuted said instrument freely and volurr rsrily ~ wt'-ft~tA) ~`• ~ptdsr constraint, appre fear of or from her said husband. ~WQt~r kt)r~r~aet~ ef~l~al seal thi day of ALt St A. D. 19 69 •. 2 .~.' Q •' ? ~,J,• ~'"••'•"~~ G~ ` :~_ d0~~~~ P~18 Notary Public in and for the State of MARYLANI '-,,~r~+(e ~. ~ r~ .~`~ My Commiuion expues: •'a,,,ljptrrt`1'br ~ `.: This in tram nt prepared by : ~ /9 7D First federil' Satrktps a tdart Associatiat 3rD} a et$~Savings and Loan Associ ion / Of Fort Pierce. X z4¢99 Fort P:_,.n F _. -~, ore P erce, Florida 33450