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To place and continuously kcep on the buitd~ngs ~ow or hareaft« ~~tuate on said iand ~~d on all equipmenl and personally covered by this mat¢ ~gs, with all premiums thereon pa~d in full, fite insu~ance in the ~sual : ndard po~ity form, in a sum ~pproved by the AtORrGAGEE, end windslwm insurente in the usual s~andard pol~cy fwm, in a sum approvad by ~he MORIGAGEE, in ivth cwnpany or companies as the MORiGAGEE may direct; and all fife and w~ndiiorm insu~ance po~~ues on any of sa~d build~n9s, any intere?~ therein or pa~t thereof, i~ the aggregate sum afaesald w tn excess the~eof, shaU contain ~M usual standard ma~gagee dause or such otlxr dauss as the Mat9agee may rcqu~ro, making the Ioss unda sa~d poli~ cies, each and eve+y, payable to said MORTGAGEE as its interesl may appea~, ~i+d each and every such pol~cy shall be promptly +ss 9ned and deliveied to •ny held by wid MORfGAGEE ss fur~her aecurity to uid mor~~age debt, and, not leis than ren (10) days in advance of ~he expirat~on of each policy, fo da liver to said MORTGAGEE a renewal thcroof, toflether with a?eceipt fw the pramium oi such renewal; a~d there shall be no f~re or winds~orm insurancs placed on any of said buildings, any interest therein w part thereof, unless in tF~e fo~m and with the loss payable as aforesaid; ~nd in the event +ny tum of money becomes payable under such poliq w po~icies uid MORTGAGEE shall have ~he optio~ 1o receive and apply tAe same on account of Ihe indebted- rxss secured hereby o? ro permit said MORTGAGORS 1o receive and use it a any parl thereof lor other purposes, wi~hoot th_reb~ waiving o~ mipai.- ing any equ~ty, lien or right under or by virtue of this mor!gsge; ~nd i~ the event said MORTGAGORS shall iw any reason (sil to kecp the said premites so insu?ed, or fail to deliver prompHy any of said polrcies oi insu~ance to said MORTGAGEE, w fail promprly Io pay fully any pre~nium therefo~ a in a~y respect fail to pertorm, d~scharge, exea~te, efiect, complete, comply with and abide by this covenaro, or any pa~t hareof, said MORTGAGEE may p~~ce +nd pay fa such insurance or any part thereof without waivinp a affecliny sny option, lien, equity, a righl under or by virtue of Ihis Mwtgaye, ~nd tht full amount of each and every such payment shalt be immediately dus and payable a~d thall besr interesl from the date the~eoF uniil paid at the rate ol nine pe~ centum per annum and together with such interest thall be secured by the lien of this mafgage- 4. To permil, comrt~it a suffer no waste, impairment w detcrio~ation of uid property a~ny part thereof. 5. To pay all a~d singular the costs, charges •nd expenses, including a reaso~able attaney i fee and costi of abstracts of title, incurred o~ paid at eny I~me by sa~d MORTGAGfE, bec~use w in the evem of the failure on 1he parl of the said MORTGAGOR to duly, promptly and fully perfwm, diuharge, execute, effect, complete, comply w~~h a~d ab:de by each and every ~he at~pulauons, sgreements, conditions, and covenants of said prom~ssory note and this mwtgage any or e~~her, and w~d costs, charges and expenses, each and evcry, shall be immed~ately due aad payable; whe~her a not there be notice de mand, attempt to collect or ~uit pend~ng; and the fulf amouM of each a~xl every svch payment shall bea. iNerest from the date thereof uNil p~id at Ihe rate of ~~;~~e per centum per annum; and all said costs, charges and expenses inturred a paid, togeiher with such interest, shall be tecured by the lien of thu mortyage. 6. That (a) in the e~ent of any breach of this Mortgage or default on the part of the MORiGAGOR, or (b) in the event •ny of u~d s~ms of money herein referred to be ~ot p~omptly and fully paid within thi~ty (30) days next after 1he same seve~atty hecome due snd payabte, without demand w no~ice, or (c) in the event each and every the stipulations, agreements, conditans and covenants of sa.d promissory note and th~s mortgage any or eithe~ s~e not ~uty, promptly a~d fully perforrned, d~scharged, executed, effected, completed, complied w~th and abided 4y, then in e~ther w any such event the iaid aQ gregate sum mentioned in said promissory nate the~ remaining unpaid, with interest accrued, and all moneys secured hereby, shall become du~ and pay- able forthwith, or thereafter, at ~he optior~ of said MORTGAGEE, as fully and completely as if all of the said sums of money were w~ginally ttipulated ta be pa~d on such day, anything in sa:d p~omisswy note w in this Nlortgage to the contrary nor.vithstand~ng; and thereupo~ w thereafter al the optian of sa7d MORTGAGEE, w~thout no~~ce or demand, suit at law or in equity, the~efwt or thereaftcr begun, may be prosecuted as if ~II moneys secured hereby had matured pnw to its inst+tution_ 7. That in the event that at the beginning of w at any time pending any suit upon this Mortgage, or to fweclox it, or to reform it, or to enforq payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof fa the appointment of a Receiver, svch Court shall fath,arith appoint a ~eceiver of said mortgaged property all and singular, inctud~ng all and singular the income, profits, issues and ~evenues from whatever sourte derived, each and every of which, it being expressty undersrood, is hereby mortgaged as if spec~fically set forth and dewibed in the granting and habendum clauses hereof, and such Receiver shall have all Ihe broad and effective funct~ons and powers in anywise entrusted by a Court to a Receive~, and :~ch appointment shall be made by svch Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without ~eference to the adequaq or inadeq~acy oi the value of the property morlgaged or to the w~vency or insolvency of said MORTGAGOR a the defendants, and ?hat such rents, profits, income, issues and revenues shall be applied by such Receive~ xcording to the lien or equity of said MORiGAGEE and the practice of such CouA. ' 8. To duly, promptiy and fully paform, discharge, execute, effect, complete, comply with and abide by each and every tFe stipulations, agreements, conditions and covenants in sa~d promissory note and this mortgage set forth. 9. That in the event the ownership ol the mortgaged premises, or any pa~t thereof, becomes vested in a person other than the MORTGAGOR, fhe MORTGAGEE, its successo~s and assigns, may, without notice to the MORTGAOR, deal with such succeua w successor in interest with reference to this mortgage and the deo~ hereby secured in the same manner as with Mortgago~ without in any way vitiating or d~xhargirg the Mwtgago~i liability here- under or upon the debt hereby secured. No sale of the premises hereby mortgaged +nd no forbearance on the part of the MORTGAGEE w its successors or ass~gns and no extens~on of the time for the payment of the debt hereby secured 9iven by the MORTGAGEE or its succeasws ot auigns, shali operate ro releax, d~scharge, modify change or affect the original liabil~ty of fhe MORiGAGOR herein, either in whole a in part. 10. It is speufically agreed that time is of the essence of this contract and ~hat no waive~ of any obl~gation hereunder or of the obligsYan sr cured hereby shall at any time thereafter be held to be s waiver of the terms hereof ar of the instrument secured herby. 11. In add.t~on to the~forego:ng monthty payments of princ'pal and interest reauired by the prom~ssory note secured hereby, mortgagar covenants and agrees to pay to mo:tgagee with each monthly payrnent an add~~ional sum est~mated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real property taxes ~ev~ed or assessed against thc above described real estate. B-Premi~~ns on fi.e and windstorm insurance as herein requ;red to be carried o~ the improvemeits situate on the above described premises. ~ ~-Premiums on svch mortgage guaranty insurance as mortgagee shall from t[me to time deem fit to carry on the ban secured hereby. ~ Mortgagee sha~l from ~ime to time ~otify mortgagor in writing of the amount due and payable hereunder and such sum shalt thereupon be due and ~ payable on the due da!e of the next monthly payment and each success~ve month thereafter ur.til merigagee shall nolify mongagw of a change in such amount. Such sums sF.a'~i be applied by mutgagee tbward the payment of rea~ property ta:es, insurance prem.vms, and mwtgage guaranty insurance ` premiums. ~ IN WITNESS WHER~OF, the said MORTGAGOR has her~nto set his hand and seal the day a ar first aforesaid. Signed, Seal and elivered in fRe p? of: t ry a ~ ~an = restse.~- ~Seaq ~ ~s~+n STATE OF FLORIOA ~ touNnr oF ST . V?C IE u- Befwe me personally appesred Ruth M. Arter, a single adult ~ ' +d+~~, to me well kreown and known to me to bs } the individuals desuibed in and who executed the fwegang instrument, and eckrwwledged befwe me that they executed the same for the purposes ~ ~herein expresxd. ~~e~ ~ ~G7~ ~ WITNESS my F?and and official seal tAi ~ day of A. D. 19~_ ~ Notsry P in and for the tate of Florida at lsrpe My e~ ,u~«, .xa,~: .~.I.. G~ e 9~~ ~ Return To: first Federal Savings 3 loan AssociatEon ~ Of Fort P~e~ce. ~^t~'~Y ~'~ic. Stete u1 qor;da ~~,y~ ~ Fon Vierce. Florida `L:~ !l s='`~ ~~~s ~ug. 6 1911 1 ~ • • ~ . ~ er A..nca. F4. a G,,,.,ry, c,,. > ` ; FI~EL~ AND FiECORDE~~ ~ ~ ~ -J .ST. LUCIE COUNTY. FLA.` ° ~ This Instrument Prepared By John W. Co11iAS' RFCORD VERIFIEb f First Federal Savings & Loan Association ~ 185'71~ ~ ~ ' ` t - of Fort Pierce ~ F1olida ~ ~ ~ . :=:~9 NOV ~ ~ aNl t i : 0 9 Checked By ~ • - ~ • ~ «,G~ ~ .:~L~ ~ ~C~ BOOK ~~7~ PACE ~1v ROG~P. ~'Of7RAS ~ - ~ ~-CLERK CIRCUIT COURT~ ~ ~ n:1 s . ~ , ~ ~ ~ ~ . ,