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To pi~n and continuo~ily keep on tM bviidinps naw or Mr~~ftK Wtu~t~ on s~id tu~d ~nd on all equipment ~nd penonally mvaed by thts mat~ ps, with all pr~mi~ms Iheteon p+~d in full, iin insu~anc~ in ~he vsu+~ standa~d policy fwm, in • ium approved by the MORiGAGEE. +nd winditum ~ Inw~~nc~ tn tM ~swl standa~d poliq fam, i~ s sum ~pp~oved by tM MORTGAGEE, in tuch tomp~nY c+ cc+nP+ntes u tht MORTGAGEE n+ay d'u~dt u~d all iirs u~d wir?d~twm iniuruKS policiai on any of ssid build~op~. any lnttr~it thaein or put 1F?~reof, ln th~ a~reyaq swn afw~aW a In access 1l~ereof. sMll conain the uswl standa~d morr9s~ claus~ a such otFwr claus~ aa t!» Maty~9ee msy ~equi~~. makinp th~ lou unda said pdi~ cia, eacl~ ~r+d ~very. paYable to said INLIRTGAGEE ~s iq inter~at may ~ppear. ~nd each and every s~ch poliq ~MII b~ pranptly au:y~+ed u+d deliver~d M ~ny Mld by said MORTGAGEE a~ furtha ~ecvrity to said mortp+~ debt, and, not ks~ tMn ten (10) d~yt in advu?c~ of th~ ~xpir~tron of each policy, fo da IivN to Nid MORTGAGEE ~ renew~l ther~of, topetMr with ~ receipt for the prsmi~m of auch renewal; and there shall be no fire or wi~dstam inwr~nc~ pl~ced on ~ny of said buildings, sny interett t!?K~in a p~rt thereof, u~lou in ths form and w~th tM loss payabk ss afwesr.dj ~nd in the ewM ~ny ~wn of monsy becanes payabt~ undN such poliq a policias s+id MORTGA~'sEE shall haw the option 1o receive and apply the s+me on +ccovnt o( ~h~ ind~bted- ness secur~d F~eby a b permit s~id MORTGAGORS ro reoeive ~nd us~ H or a~y pact thereof fa other purposes, wi~hout thsreb~ waiving w impair- ing ar.y eqvity, (ien or riqht uMkr w by vGt~e of t!?w morty~pe; ~nd in 1M t~rer?t said Al10RTGAGORS tMll for ~ny rsason fait to keep the s~id premises so Iniu~ed, w f~il to deliver promptly ~nY of said policies o) Insur~nu W ssid MOltTGAGEE, a fail promptly to p+y fvlly a~y premium therefor w{n any respad fail tq, perfwm, d~xhsrge, execvt~, effect, complet~, comply with u~d abid~ by Mis cove~aN, w~ny part hereof, said MOl2TGACsEE may place and pay fa tuch~inawanct or any put thKSOf withoW waivinp or affectinp ~mr option, lien. eq~ity, or right vnde? w by vi~tw of this Nlat~aQ~, and the iull unount of each u~d ~wry such payment ~11 be inwnediately due ~~+d p+yable a~+d shall bear interest from th~ da1~ thereof w?til paid ~t tM rat~ of nine pa certtum p~r an:wm and to9e~he+ with such interes~ shall be iecured by tl?~ lien of thts matga~. To permit, commit w suffer no waste, impairment or deterior~tan of said prop~rry w any Put thereof• S. To pay +11 a~d sinpul~r tM coab, char~~s +nd exW^as. includ~^p • reasonsble attornsy i fee snd wsts of sbatracts of titl~, incv~?ed a p~id +t any time by uid MORTGAGEE, bsuuse or k+ the went of the faitwe on the put of tM uid N10RTGAGOR w duly, promptly and fully perfwm, diuh~ I execute, etfed, camplN~ comply with and ab~de by each a~d every the stipulafarts. agreemenls. cond~lions. end cov~^ants of said promissory not~ and ehii mortgape sny a either, and w~d coits, chu~es snd expense~, e+ch and every, sMall be immediately due snd p+yabte: whether o~ rwt thers be notice ds mand, attempt to colkct w tvit pendinpt snd the F~II arnwmt of esch snd wery s~~ch paymeM shall bea? interes~ from the dats thereof until p~id at the rate of nine pe~ centum per annvm; and ~~1 tak! tosts, thsryet and expenses intu~red or paid, together with such interest, aMll be sacwed by tht lien of thit mortpayt. . 6. That (a) tn the evam of aoy breach of this Mortyspe o? default on the paA of the MORTGAGOR, or (b) in the event s~y of sa~d svma of money herein referred ro be rat promptly and fully paid withi~ thihy C30) days next after tha same severslly become dva snd payable, without demand o~ notice. or W in the event each +nd every ~he s~lpulations, agreem~n», conditions and cova+ants of said promissory iwte snd th~i mortyage ~ny or citl~ ar~ nol iuly, prompNy ud fully performed, d~scharged, executed, effected. compkted, canpl~ed with ~od abided by, then in ei~her w ~ny such ~vsnt tM s+id ap~ gregate wm mentaned in said.promiuwy rate then rertNin'u~p vopaid, with intc~est scuued. and aIl ma~eys setvred hereby. shall become dw and p~y- able (wthwith, Of 1F1ltNffN. at the optan of said MORTGAGEE, as (ully and completely as if all of the said wms of money were wigin~lly st~pulated to be paid on such day, anything in said promiuory note or in tha Mwtyage to the conrrary notwithstanding; and ~hereupon or thereaftar at tM option af said NWRTGAGEE, without notice w dem+nd, wit st law or in eqvity, therefore w thereafter begun, may be prosecuted u ii all maneys a~tund Mreby had matwed prior to iTa irutitution. 7. TMt in the eveM that at the beginning of or at sny time pendi~g u?y wit upon this ARortgage, or to foreclos~ it, or fo rofo?m N, or to enforas payment of any claims haeunder, said MORTGAGEE shal) sppty to the Court h~ving jurisdrction thereof for th~ appointrnent of a Receive~, svch C~wrt shsll Forthwith sppoiM s receive? of said mortgsged property alI and sirgular, indud~ng sIl and singul~r the income, proiits, iu+xs and revenues from wMtevn source derived, each and every of whith, it bei~g expressly vnderstood, is hereby mortgaged as if spec~fically set fwth ~nd deauibed in the ~rantieg and habendwn cla~ses hereof, ~nd such Receiver shall have all the b~oad aod effective fvnctio~s and powen i~ anywise ent~~rsted by a Court to a Receiver. and such appointment shall be made by wch Court as an admitted equiry a~d a matter of absolute right to ssid MORTGAGEE, and without reference ro 1M adequacy or inadequacy of the wl~e of tAe property mwtgaged or to the solvency w insolvency oi said MORTGAGOR a the defendanK, and that suth rems, profits, income, iuues and reve~ues shall be applied by wd~ Receiver accwding to the lien a equity of said MORTGAGEE and the practiu of such CouA. 8. To dvly, prompfly and fvlly perform, d'~scharge, execute, effect, complete, comply with and ~bide by each every the stipulaYans, agreements. conditans and covensnts in said promissory note and tha mortgage set fwth. 9. That en the event the owne?ship of the mortga9ed premises, o? anY part thereof, becomes vested in a person other than the MORTGAGOR, tl+~ MORTGAGEE, iri successors and assgr?s, msy, witho~t notite to the MORTGAOR, deai wifh such suctessor or suttessor in in.*e~est with referente fo tha mortgage and the debf hereby secu~ed in the same m+nner as with Mortgagor without in any way vifiatirg or discharai~g the Mwtgagors' liability hers under w upon the debt hereby seeured. No wls of the premius hcrrby mortgaged ar~d ~o torbearance on the pan of ~fie MORTGAGEE or ib svccesson or auigns and no extension of the tima for the payment of the debt hereby secured given by the MORTGAGEf w in wccessors w assi~ns, shall ope~at~ ~o rekaae, d~scharge, modify charge or ~ffect tf~e wiginal liability of the MORiGAGOR herein, eithK in w!?ole or iri part. 10. It is specificatly agreed that Y~me is of the euence of this contrsct and that no waiver of eny obligation hereunder or of ths obligation se- cured hereby s}~all at any time theresiter be held to br ~ waiver of the terms hcreof or of the instrwnent secwed ixrbY. 11. In additio~ to the forego:ng manthlY paYrtKms of print:pal and ioterest required by the pnxnitsory note secured hereb/. mortgagor cove~ants and sgrees to pay to mortgagee with ezch monthiy p~yment an addlriaul sum estimated by mortgsgee to be equal to 1/12 of the annual cost of the fdlow- i A-All real property taxes levied or suessed againsf the above dexribed real estate. B-Premiums on fire and windstwm iruurantt as herein requ~red to be carried on the improveme~ts situate on the above desvibed prem'~ses. II C-Premiums on such mortgage gwranty inwrance as mwtgsgee sha{I from time ta time deem fit to wrry on the loan secured hereby. ~ Mortgagea s!~all from time to time notify morfgagor in writing of the amount due and payaWe hereurde~ u~d such wm shall thereupon be due and ~ payable on the due date of the next monthly paymem and each svccessive month thereafter until mortgagee shal) notify mortgagw of a change in such ~ amo~nt. Such sums sF.all be applied by mortgagee toward the p+yma+t af real property taxes, insurance prem:ums, snd morigsye g~sranty inwrance ~ premiwns. ' ~ IN WIINESS WHEREOF, the said lNORTG R hss hereunto sst his hand and seal the day and year Pust afores~id. ~ Siy a a livered of: J ~ ~ ~ ~~G..__ r ~.(~.~~Ci~.,~]rs].~ n . ~ • _ , ~ rsNo STATE OF FLORIDA ~ courm oF St. LtiCie ~ ~fae ~ ~,,,,,~~y Luthsr L. Mutllins .na Minni,e Mullins hi. wx~, to me wen known .~a kr~o~n+ m me ~o b. tha individuab dewibed in and who execufed the fore~oir~p instruma?t, ~nd acknowledped before me tMt they execwed the sartr for tha pwposes rkereu, wcp.essed. And rhe said Mil3~tie Mullitls Luthar L. Mullias ~ a~,.M t wife of rhe sad ,~0~!',4~, . a~d volum exami~aYwe by me take~ separote snd apart from her s~id husband, sckrwwledged ro and befwe rr~ that she exearted sai~, . tarily and witF~ovt any oompulsion, constraint, appreF~uion, o~ fear of or from her ~aid Iwsband. WITNE55 my h~nd and official seal tbis ~ ~ * ~ day of nCt~Qr • ? ~ ~ • ~pi :~fi~- ~ z l7[ !f.(/ r, f' ~ - -c~f Notary PuWic in and for 1ht}~MOt fbri ~+t'k~r~i ' My Commiaion e~cpires:. Retum Ta . -r! . . - uts ~ ' ; ~ ' . ] G7~ . ~ Fi.a F.d~w~ s+~~ngs a lwn n..«~.tia, r~" 3 FiLED AND~ R~i ~ Of Fort P~e?ce. ST, LU C{ E C 0 1~{~~'~y: ~o.r P~NC~. F~o.~d. nE~~Ji?.^, VrRlFti~~ ~ 184a 45 This Instrument Prepared By Richi?rd K. Kayss ts9 ~~T ~ 3 PM 3: 23 First Federa) Savings E~ loan Association ~ J~ • of Fort Piercei Rloride _ F.t!a~~ ~~O~TR 5 ~h~~ By ~ CLFRK CIRCUIT COURT 600K~.80 ~?~1253 ~ cf ~ ~ _ _ ~ ~ ~ ~ _ ` F~~.~~:~~~ , µ _