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To play and continuously keep on tM buildups now a Mreaher situate on said land and on all equipment and personally covered by this ^+orro' age, with all premiums tMreon paid in full, fire inswance in tM uswl standard policy form, In a sum approved by tM MORTGAGEE, and windstorm Inswance in tM uawl standard policy foray In a sum approved by tM MORTGAGEE, in such company or companies as tM MORTGAGEE may direct; and all ftre and wudstorm insurance policies on any of said buildups, any interest therein a part tMreof, in tM aggregate sum aforesaid or In excess tMreof, sMll contain tM uswl standud mortgagee ciwse or such other clwss as tM Mortgagee may require, making tM loss under said poll. ties, each and every, payable ro said MORTGAGEE as its interest may appear. and each and every such polity shall be promptly assigned and delivered to any Mld by said MORTGAGEE as further security to said mortgage debt, and, not less tMn ten (10) days in advance of tM ezpiraYton of each policy, to de- liver rosaid MORTGAGEE a renewal thereof, togetMr with a receipt for tM premium of such renewal; and there shall be ra fire or windstorm inwrance placed on say of said buildings, any Interest therein or part thereof, unleu to tM form and with tM loss payable as aforesaidt std in tM evMt any sum of money becomes payable under such policy or policies aid MORTGAGEE sMll Mw tM option to receive and apply tM same on account of tM irtdebted• ness sacwed hereby or b permit said MORTGAGORS ro receive and use it or any part thereof for other purposes, without thereb/ waiving or impair- ing any equity, lien or right under err by virtw of this mortgage; sad in the event said MORTGAGORS shall for any reason fail fo keep tM said premises so insured, a fail b dslivtr promptly any of said policies of insuranp ro said MORTGAGEE, a fail promptly to pay fully any premium therefor a in any respect fail to perform, discharge, execute, effect, complete. cor^PIY with sad abide by this covenant, or any part Mreof, said MORTGAGEE may place and pay for such inswantx or any pert thereof without waiving or affecting any option, lien, equity, or right under or by virtw of this Mortgage, and tM full amount of each and every such payment shall be imrnediatety dw and pyabk and shall bear interest from tM date thereof until paid at tM rate of nine per centum per annum and together with such interest shell be secured by tM lien of this mortgage. ~. To permit, corrtmit or wffer no waste, impairment a deterioration of said property a any part thereof. S. To pay all and sirpular tM costs, charges and expenses, includirp s reasonable attorney's fee and costs of abstracts of title, incurred a paid st any time by said MORTGAGEE, beuuss a in tM event of tM failure on tM part of tM said MORTGAGOR ro duly, promptly and fully perform, dischargR execute, effect, complete, cornph with and abide by each and every tM stipuktions. agreemenri, conditions, and cownanri 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 a not there be notice de• msrd, attempt to collect a wit periling; and tM full amount of each and every such paymem shall beer interest from tM date thereof until paid at tM rate of nips per certtum per amwm; and all said costs, charges and expenses incurred a paid. together with such interest, shall be secured by tM lien of this mortgage. 6. That (a) in the event of any breach of this Mortgage or default on the paA of tM MORTGAGOR, or (b) in tM event any of said sums of money herein referred to be nor promptly and fully paid within thirty (30) days next after the same severalty become due and payable, without demand or notice, or (c) in tM ewM each and every tM stipulations, agreements, conditans and covenants of said promissory note aril this mortgage any or either are not iuly, promptly and fully performed, discharged, executed, effected, completed, complied with and abided by, then in either or any such event tM said ag- gregate wm menYarted in said promissory note then remaining unpaid, with interest acuued, and all moneys secured hereby, shall become dw aril pay able forthwith, or thereafter, at tM option of said MORTGAGEE, as fully and completely as if all of the said sums of mot-ey were originally stipulated to be paid on such day, anything in said promissory awe a in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at tM option of said MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted ss if all moneys secured hereby had matured prior to iri irtstiWtgn. 7. That in tM evert that at tM beginning of or at any time pending any wit upon this Mortgage, or ro foreclose it, or ro reform it, w to enforce payment of any claims hereunder, said MORTGAGEE shall apply to 1M Court having jurisdiction thereof for tM appointment of a Receiver, such Court sMll forthwith appoint s receiver of said mortgaged property all and singular, including alt 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 desuibed in tM granting and habendum 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 ro tM adequacy or inadequacy of the valor of tM property mortgaged or to the solvency a insolvency of said MORTGAGOR or tM defendanri, and that such rents, profits, income, issues and revenues shall be applied by such Receiver according to tM lien or equity of said MORTGAGEE and the practice of-such Court. 8. To duly, promptly and fully perform, discharge, execute, effect, complete, tangly with and abide by each and every tM stipulations, agreements, conditions and covenants in said promissory nose and this mortgage set forth. 9. lhat in tM .event tM ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, 1M MORTGAGEE, iri successors and assigns, may, without ratite to the MORTGAOR, deal with such successor or successor in interest with reference to this mortgage and tM debt hereby secured in iM same manner as with Mortgagor without in any way vitiating or discharging tM Mortgagors' liability Mre- under or vpa+ the debt hereby secured. Plc sale of tM premises hereby mortgaged and no forbearance on tM part of tM MORTGAGEE or its successors a assigns and no extension of tM time for the payment of tM debt hereby secured given by the MORTGAGEE or its successors or assgns, shall operate to release, discharge, modify change or affect tM original liability of tM MORTGAGOR Mrein, either in whole a in part. 10. It is specifically agreed that time is of tM essence of this contract and that no waiver of any obligeYart hereunder or of tM obligation se- cured hereby shall at any time thereafter be Mld to be a waiver of tM farms hereof or of tM inutrument secured herby. 11. In addition to the foregoing monthly payments of print pal and interest required by the promissory acre secured hereby, mortgagor covenanri and agrees to pay to mortgagee with each monthly payment an addiranal sum estimated by mortgagee to Jx equal to 1 /12 of the annual cost of the follow- ing: A-All real property taxes kvieif a assessed against the above described real estate. B-P-emi+rms on fire and windstorm insurance as herein required to be carried on the improvemenri situate on the above desuibed premises. C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit to carry a- 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 dw and payable on the due date of the next monthly payment and each succeuive month thereafter until mortgagee shall ratify 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 inwrartce premiums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the a y r first aforesaid. Signed, Sealed and delivered in tM presence of: ~. an . n ~--n ST TE OF FLORIDA SS. COUNTY OF St -ls!=i Before me personally appeared Dpi tn~ n Prnri*r` and AitlIlt PrOCino his wife, to me well knovm and known to me ro be the individwb desuibed in and who exec»ed tM foregoup instrument, and scknawtedged before me that they executed tM same for the purposes therein expressed. And tM said Al1II Procil:l0 wife of tM said D sitLG P1oCino - -upon rt ,attd prtvab examinaYan by me taken separate and a rt from her said husband, ackrawledged ro artd before me that art executed said-irti trolun- terily and without arty compulian, cortauaint, apprehension, or feu of or from Mr said husband. ~.` , ~. .~..;,~,.~k~. -~ . ~ j''T'~, w1TNESS my hand and official seal thi= ~~1d day of September '.',~' :~' -/-._ . ..~ M ~i... . ,r __ _ 'f_~.-~.~' - Retwn To•. First Federal Savings a Loan Association Of Fort Pierce. ~ Pkrce, Florida • a~ 7~ ~' Nwary Public in and for tM State% MYF~C6~DE~ S ~. l_UC(E COUNTY, FL. ..182551 ~t?-~;,t ~S`. . •': ~t ; - '63 Sf.P 3 PM 3~7 This InstrulTtent Prepared By Richard K. Keyes --~~,,,~,,,~ First Federal Savings b loan Association Fit, ~CRrOfT ;c of Fort Pierce ~ Florida C~c'Ri! CtRCL'IT COURT Checked By 800K ~ l t9 PA&E~e7t~ -~,- r -• , - - cf