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To place and confinuously keep a~ the bui!d~ngs now a herea(ter ~~tuate on sa~d land and on atl equip~nrnt and personslly covered by thi~ mw~g- ~ge, with all prcmiums ~hereon pa~d in fuit, t~re insurance in thc uaual sta~dard po~~cy form, in a sum app~oved by the MORfG~GEE, and winds~orm ~nsurance in the usual uandard pol~cy form, in ~ sum ~pp~oved by ~he MORTGAGEE, in tuch con+pany o~ compan;es as the MORTGAGEE may dired; and all fire and w~ndstorm insurance polK~rs on any of sa~d build~n9s, any in~erest therein or part thereot, in ~he aggregate svm aforesaid or In ezceas the+eof, sh. !i contain tha vsual standard mo?rgagee clause w such other clause ss Ihe Matflagee may reyu~re, making tho foss u~Jer sa~d poli~ cies, each and every, payable to said MORTGAGEE as it~ intcrest may appear, and each and every such pot~cy thall be p~ompfiy ass.9~ed and del~vored ~o any held by said MORIGAGEE as further security to said morfgage debt, and, not Isu than ten (10) days in advance o( the exNirat~on of each policy, to da live~ to said MORTGAGEE a rz~ewal thereof, tofle~her with ~ receipt for the premium of such renewal; and ihere shall be no fire or windsto~m i~surance placed on any of sald b:,ild~n9L any '^t-ereit the~e~n or part thereof, unless in the fo~m and with the loss pay-tile a~ a{oresaid; and in the event any sum ; of money becomes payable~nder such policy or pol~cies said MORTGAGEE shall havs the op+ion to receive and apply fhe same on account of the indebted- ness secursd hereby o~ to permit said MORTGAGORS to receive and uie it or any pa~l thereoi fw other purposrs, w+~ho~t thrreo~ wai~ing or ~mpau- ing any equ~ty, lien or right under or by virtue of this mo:!gage; and in the event said MORTGAGORS shall (w any reaso~ fail to keep the said pramises so iniured, or iail to deliver promptly any of said policies of i~surance to ssid MORTGAGEE, or fail prompfly to pay tulty any pre~n~um therefw or in a~y respect fail lo pe~fam, discharge, execute, effect, complete, comply wilh and abide by this covenant, w any part he~eof, said MORTGtiGEE may plsce and pay fa such insurance or any part the~eof without waivin~ or affecting any option, lien, equity, a right under w by virtue of this Mo~tgage, •nd thc f~ll amount of each and every such payment shall be immedistaly due and payable and shall Dear interest from tha date thereof unlil paid at the rate ot nine per centum per annum a~xl together with such inte~est shall be srcured by the lie~ of this mortgage. To permit, commit or suffa no waste, impairment w deterioratio~ of said property or any part the~eof. S. To pay all and singular the costs, charges and expenses, including a reasonabte attorney's fee and costs of abstracts of title, incurred or paid at any lime by said MORTGAGfE, becausE or in 1he event of the failure on the part of the said MORiGAGOR to duly, promptly and fully perform, d~ufiarge. execute, effeU, complete, comply w~th and ab~de by each and every the st~pula~~ons, agreements, condi~ions, and covenanrs of said prom~ssory note and this mortgage any or either, and sa~d costs, charges and expenscs, each and every, sha~l be immediatety due and pa~ab!e; whether w not thr~e be not~ce dr mand, at~empt to collect or suit pend~ng; and the (ull amount of each and every such payment shall bear interes~ from Ihe date the~eef until paid al Ihe rate of nine per ce~tum per an~~u:n; a~d all saic costs, charges and expensea incurred or paid, together w~th iuch interest, shall ba secured by the iien of thi~ nwtgsge. , 6. 'fhst (a) in the event of a~~y breach of this Mortgage or default on the part of the MORTGAGOR, w(b) in the event any of sa7d sums of money j herein refe~red to be not promptty and futty paid within thirty (30) days next airer the same severatly become due and payabte, w:thout demand or notite, ( or (c) in thr event each and every the stipulations, agre~ments, conditions and covenanta of sa:d p~om3ssory note and th~s mortgage any w e~ther are na1 ! ~uly, promptly art~ fully pe?famed, d~scharged, eaecuted, eftected, completed, compiied with and ab~ded Sy, then in e~ther w any such event the said a¢ gregate sum mentioned in said promissory ncte tFen temaining unpaid, wi:h interest accrued, and ait moneys setured htreby, shall be'_ome due ar?d psy- able forthwith, or thereafter, at the option of said MORiGAGEE, as fully ard completely as if all of the said sums of money were originally st~pulcted to be pa~d on such day, anything in sa:d p~omisswy note or in this Mortgage to the contrary notwi~hstanding; and ~hereupon or thereafter st the opiio~ o( said MORTGAGEE, vv~~hout norice or demand, s~it at law or in equity, tixrefore w ~hereaf~er begun, may be pro3ecuted as if all moneys tetu~ed hereby had matured pt~or ~o ~ts instiwtion. 7. That in the event that at the beginning of or at any time pending any suit upon this Mortgage, a to foreclose it, or to reform it, or to enfwce payment of any claims he~eunder, said MORTGAGEE shall apply to the Court having ju~~sdic~ion thereof iw the appo~ntment of a Receiver, such Court shall fwthwith appoint a receiver of said mortgaged property all and sing~iar, includ~ng all a~d singular ~he income, prolits, issues and revenues from whatever s~urce derived, each and every of wh~ch, it being expressly understood, is he~eby mwtgaged as if spec~fically set fo~th and dexribed in the granting and habendum clauses hereof, and such Receiver sha~l have all the broad a~d effective funct~ons 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 wirhout ~eference 1o the adeq~acy w inadequacy of ~he value of the property ma~gaged o~ to ihe w~vency or insolvency of sa~d MORiGAGOR or the defendants, and that such rems, profits, incotne, issues and revenues shall be applied by such Receiver according to the lien w equity of said AlIORTGAGEE and the practice oF such Court. 8. To duly, promptly and fully perform, discharge, execute, eifect, complete, comply with and abide by each and every the sfipulations, agreements, conditions artd covenants in said promissory note and this mortgage set fo~th. 9. That in the event the owrtership of the mortgaged premises, or any part thereof, betomes vested in a person other thsn the MORTGAGOR, 1F+e MORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deat with such wccessw or successw in interest with reference to thia mortgage and the debt hereby setured in fhe same manner as with Mortgagor without in any way vitiating w dixharging the Mortgagori liabi~ity here- under or upon the debt hcreby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the I~10RTGAGEE or its suctesson or ass~gns and no exrens~on of the time for the payment of the debt hereby secured g~ven by the MORTGAGEf or its s~ccessors or suigns, shall operate ro release, dixharge, modify change w affect the original liabitity of the MORTGAGOR herein, either in whole w in part. 10. H is speciiically ag~eed that time is of the esunce of this contract and that no waiver of any obl~gation hereunder a of the oblgatan sr ; cured hereby shall at any time thereafter be held to be a waiver of the terma hereof w of the instrument secured herby. ; 11. In add;tio~ to the forego'ng monthly payments of p~inc'pal and interest required by the prom~ssory ra!e secured hereby, mortgagor covenants ~ and agrees to pay to mortgagee with each momhly payment an add~~ional sum est~mated by mortgagee to be equal to 1% 12 of the annual cost of the follow- ~ i ingc I A-All real property taxes levied or assessed agai~st fhe above described real estate. i B-Prem~ums on fire and viindstorm insvrar.ce as herein regu~red to be carried on the impl ments situate on the above d;scribed premises_ I C-Premi~ms on such mwtg~ge guaranty ~nsurance as rtwrtgagee shall ~rom. time to time ~m fit to carry on the ban secured hereby. Mortgagee sha~l from rime to time notify mortgagor m writing of the amount due and payable hereunder and such surn shall therevpon be due and payable on the due dat _ of the next monthly payment and each successive month thereaiter urtil mortgage~ ,hall notify mortgagor of a thange in such j amount. Such sums sF.a;i be applied by morfgagee toward the payment of real property taxes, insurante prem:ums, a~xl mortgage guaranty insurance i ~ premiums. ~ IN WITNESS YJ EREOf, the said M TGAGOR has hereunto set his hand and seai the day and ear first aforewid. Si , Seaied d ed ' e presence of: ' / 6 ~ an i ~ 'n € ~n ' ~-n STA1E OF FLORIDA ~ SS. couNTr oF S t_ Lucie and , Befae me personally appeared Levi Rabit~cp~ I~c ~ Faye Belle Robinson his wife, to me well known and known to me to be the ind'+viduals desuibed in and who executed the foregoiny instrument, and scknowledged before me that they executed the same for the purposes ` therein expreued. And fhe said Fave Belle RC+hincnn ~ w~fe of the sa~d I.QV1 Robinson, Jr. y vpon a sep~rate,and priv~t~ examinatwn by me taken separate and apart from her said husband, acknowledged to and befwe me that she executed said imrrumeM~ freel"y ari~ volun- ~ tarily and witho~t any compulsion, constraint, apprehension, or fear of or from her said husband. ~ _ '~t s November WITNESS my hand and official ual thit ~s day of ~A. D: 19 69 ~ ~ ~ i~6-ti'tf/[,t1L-~ ~ - . 3 Notary Public in and for the S1~te of fbrida it la~ye My Commission expires: • ' - ~ Return To: • 3= ' ~ ~ first iederal Sav~n9s 3 ~oan Assoc~at~on FI~EO AND RECOROE~~ ; ~ of F°" P`e"e. ST. I.UCtE COUNTY,- FIA. I ~ Fort Pierce, Florida ? > ~F.co~n v=RiF~Ee ~ .i$5`721 ; :y ; ~ This Instrument Prepared By Richard K. Kayes ~69 ~U11 ~ 7 ~ 09 First Federal Savings 8~ Loan Association of Fort Pierce~ Floricia ~ KOG:.R ?OITR:aS ~ k Checked By CLERK CIRCUIT COURT' ~ ~ BOOK PACf z2z ( ~ .r ~ ~ ~ ~ t ~ i ~ - - ~ ~ ~ . . ~ . , .s:~~~`~~