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To place and continttousty keep on tM buitings raw err hereafter situate on said land and on all putpmettt and personally covered by this ntonp- age, with all premium thereat paid in foil, fin insurance in tM uswl standard policy form. in a sum approved by tM MORTGAGEE, and windstorm insurance b tM uswl standard policy form, in a tonne approved by the MORTGAGEE, in such company or companies as tM MORTGAGEE rnaY discs; and all fire and windstorm inswana policies on any of Mid buildings, any interest therein or pan thereof, in tM aggregate wm afaesald a In excess thereof, shall contain tM uwal standud mortgagee clause or such orher clause as tM Mortgagee may squire, 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 atoll be promptly au:gned and delivered to any Mld by said MORTGAGEE u further security to said mortgage debt, and. scot less than ten (10) days in advance of tM expiration of each policy, ro de• lives ro said MORTGAGEE a renewal thereof, together with a receipt for tM premium of wch renewal; and there atoll be no fire a windstorm insurance placed on aeryr of said buildings, any interest tMrein a pan thereof, unleu in tM form and with tM bas payable as aforesaid; and in tM event any awn of mor-ey becomes payable under such polity a policies sad MORTGAGEE shall haw tM option b receive and apply tM same on account of 1M irdebted• nest sacwed hereby a to permit said MORTGAGORS to reosiw and use It a any part thereof fa other purposes,' without thereb/ waiving a impair- ~ arty equity, lien or right under a by view of this mortgagee and in tM event said MORTGAGORS shall for any reason fail ro keep tM said premises so insured. or fail ro deliver promptly any of said policies of insuranu to said MORTGAGEE, a fail promptly to pay fully any premium 1Mrefor a in any aspect fail ro perforrt~, discharge, execute, effect, completes, comply with and abide by this covenant, or any part Mreof, sald MORTGAGEE may place and pay for such irtwranct a any pan thereof without waiving a affecting any option, lien, equity, a right under a by virh-e of this Mortgage, and tM full amount of each and every such payment slsall 1» immediately dw and payable and shall bear interest from cite date thereof until paid at tM rase of nine per untum per anrwm and together with settle interest slsall bs secured by cite lien of this mortgages 4. To permit, commit or suffer no waste, impairment or deterioration of said property or any part thereof. 5. To pay cell and singular tM costs, charges and expenses, including a reasonable attor^ey's fee and costs of abstracts of title, incurred or paid at any time by said MORTGAGEE, because or in tM event of 1M failure on tM pan of tM said MORTGAGOR ro duly, promptly and fully perform, discharge. execute, effect, complete, comply with and abide by each and awry tM stipubtions, agreements, conditions, and covenants of said promiuory note and this mortgage any a either, and said costs, charges and expenses, each and wary, shall be immediately dw and payable; whether. or not there be notice ds mend, attempt to collect or wit pending; and tM full amount of each and .every such payment atoll bear interest from tM date thereof until pald at tM rate of nine per centum per antwm; and all said costs, charges and expenses incurred or paid, together with such imerest, shall be secured by tM lien of this mortgage. - b. That (a) in tM event of any breach of this Mortgage or default ore the pan of the MORTGAGOR, or (b) in tM event any of said sum of money herein referred to be rat promptly and fully paid within thirty (30) days next after IM same severally become dw and payable, without demand or notice, or (ra in tM event each and every 1M stipulations, sgreemertts, conditions and covenants of said promissory rate and this mortgage any or either are not iuly, promptly and fully performed, diadwrged, executed, affected, completed, complied with acct abided by, then in either a any such swot tM said ag• gregate sum mentior-cd in said promissory note then remaining unpaid, with interest acuued, and all moneys secured hereby, shall become dw and pay able forthwith, a thereafter, at tM opYan of said MORTGAGEE, as fully and completely as if all of the said sum of money were originally stipulated to be paid on such day, anything in said promissory note a in this Mortgage to tM contrary notwithstanding; and thereupon a thereafter at tM option of said MORTGAGEE, without notice a-demand, wit at law or in equity, therefore or thereafter begun, may be prosecuted ss if a!I moneys secured hereby had matured prior to in institution. . . 7. TMt in the event that at tM beginning of a at any time pending any wit upon this Mortgage, or ro foreclose it, or ro reform it, or ro enforce payment of any claims hereunder, said MORTGAGEE shall apply to tM Court having iurisdictan thereof for tM appointment of a Receiw-, such Court shall forthwith appoint a receiver of said mortgaged property all and singular, including all and singular the income, profits, iuues and revenws from whatever source derived, each and every of which, it being expreuly understood, is hereby mortgaged u if specifically set forth and described in tM grantirq and habendum clauses hereof, and such Receiver shad haw 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 puity and a matter of absolute rght ro said MORTGAGEE, and without reference to iM adequacy a inadequsgr of the valor of the properly mortgaged or to the solvency or insolvency oP said MORTGAGOR a the defendann, -and that such rents, profits, income, iuues and revenues shall be applied by such Receiver according to tM lien or puny of said MORTGAGEE and 1M practice of such Ca,n. 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every tM stipulations, agreements, conditions and covenants in said pomissory note and this mortgage set forth. ~ - 9. That in tM event tM ownership of tM mortgaged premises, or any pan thereof, becontlY bested in a person other than tM MORTGAGOR, tM MORTGAGEE, its successors and auigns, may, without notice to the MORTGAOR, deal with such suaessa a successor in interest with reference to this mortgage and the debt Mreby secured in tM same manner as with Mortgagor without in any way vitiating or discharging the Mortgagors' liability Mre- under orupon the debt hereby secured. No sale of !M premises hereby nantgaged end no forbearance on tM pan of the MORTGAGEE or its successor or augns and ra extension of tM time for the payment of tM debt hereby secured given by tM MORTGAGEE or its sucuuors a soigne, shall operate to release, dscharge, modify change or affect 1M original liability of 1M MORTGAGOR Mre'm, either in whok`or in part. 10. It is specifically agreed that time is of the essence of this contras and that no waiver of any obligation hereunder or of tM obligaYan st cured hereby shall at any time thereafter be held to be a waiver of tM terms hereof or of tM instrument secured herby. 11. In addition to the foregoing monthly payments of princ'pal end 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 ro be equal to 1/12 of the assort cost of tM follow- ing: _ A-AII real property taxes levied a assessed against the above described real estate. ~ B-Premiums on fire and windstorm insurance ss 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 tM ban secured hereby. Mortgagee shalt from time to time notify mortgagor in writing of the amount due and payable hereunder and such wm 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 iw-such amount. Such sums shall lee applied by mortgagee toward the payment of real property taxes, insurance premium, and mortgage guaranty insurance premium. - ~ ~ IN WITNESS WHEREOF, the said MORTGAGOR hu hereunto set his hand and seal the day year aforesa' ` Sig Sealed and live in tM presence of: a~ 0 rs..,q STATE OF FLORIDA ST. UJCZE ~' counlTy OF n ston Williams and Before me Ily appeared J • ~ 9 S it ley R . Wi l l i amft his wife, to me well known and knaves ro me to be the individwls described in and who executed tM foregoug• instrument, and acknowledged before ms that they executed tM same for tM pwposetl therein expressed And tM tai' Shirley R. Williams _ wife of tM said J. Lan9aton Williams _ upon a separate and private exam'maYan by me taken separate and apart from her said husband, acknowledged ro and before me that sM executed said instrument freely and volun- tarily and without any computsan, constraint, apprehension, or ear of or from Mr old husband. WITNESS my Mnd and official seal t ' day of ,~ptember A. 0. 1969 Return To•. ~,,ssssttttrr/rrrr First Federal Savings 8 loan AssodaYan ,• ~ ~ - ~ ~'y - ~ ., Of Fort Pierce. ~~ •'"••'` ~- ~ r~% Fort Pierce, Florida ~ 1` .~ ~"~:-• .. ', ~' ~: > :w ~~:= ~ This Instrument Prepared By J. -D.~`,C~i`sta;' ~~~ First Federal Savings 8 loan Association--~~: ~; ?,~: ~ ;:~ f\<''~~ • of Fort Pierce ~ Florida , `f.• •''~~•~•`'~ ~- .; Checked By ~~ ~ ~~_ eery Public in and for tM State of Fbrida at loge My Commission expires: . Stile. ff111ofid~ d ~ M)- Coutattsslon Expires Sept. 23, 1969 S". t_!1CiE COUtJTY. Fl_A, 183283 t~ ~oa><1`79 p~~999 g ~~¢ Z~~2 ~i~~ ! ; : 38 i:~/a L - C!_E~~ ^~pr~±~T COURT ~ ~ ~~.