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To placs and cont~nuously kcep on the bu1!d~ngs ~ow or hereafter ~~tuata on sa~d I~nd and on ~II equipment and personally covered by thii matp- ag~, w~~h all prem~ums thereon pa~d in full, f~re inturance ~n ~hs ususl standard po~~cy 1o~m, in a sum appro~ed by the MORTGAGEE, and wi~dstwm insurance in the usual standa~d po~~cy ~am, in a sum approved by the 1NORTGAGEE, in tuch company or compan~es as the MORTGAGEE may d~rett; and all firs and w~nds~orm insuronce po~Kies on +ny of seid build~nfli, any imerest therein or part thercot, io ~he agg~egate tum afaesaid w in ~xcesi ~hereof, shall conta~n ~he e,sual srandard marrgagee ctauie a such other da~se ~s the Mortgagee may ~equ~rs, mak~ng the toss undar ia~d poli~ uss, each snd every, payabls to said MORTGAGEE as its inte~est may appear, and e~ch and eve~y such po~icy shsll Ix promptiy ass.gned and delivered ~o •ny held by ss~d MORiGAGEE as iurther ucurity to said mortga~e debt, and, not leu than ten (10) days in advance of the eapirat~on of each policy, to dr t~vsr lo said MORiGAGEE a renewal Ihe~cof, logether with a receipt fac the premium of such renewal; and there shall be no fire or winds~o~m iasur~nc~ plated on any of said bui~dings, any interest therei~ or part thereof, unleu in the form and w~th the toss payable as aforesaid; and in the event any tum of money becanei payable unda~ ~uch policy w policias uid MORTGAGEE shall have the option to receiva and apply the same on accounl of the indebted~ neu secured fiereb~ a~o permit said MORTGAGORS to reteive and us~ it or any part thrreof for othc. purpoaes, w~rhout ~hare~~ waivi~~g or ~mpair- ing any equity, lien w right under or by virtue of this mo:!gage; and in the event sa~d MO~tTGAGORS shall fa any reason fail to keep the said premises so insured, or fail ro deliver promptly any oi said po~Kies of insursnce to said MORTGAGEE, or fa~l promptly to pay fully any premium Iherefor or in a~y respect fait ro pe<<o~rt4 d~scharge, exccute, ef(ect, complete, comply with •nd abide by this covenant, w any part hereof, said MORTGAGEE msy place pay fa such insurance w•ny part thereof without waivinp w affecting any option, lien, equfty, w right under or by virtue of thi~ Mortga9e, and the full amount of each and every such payment ahall be immediately due and payabla and shall bear interest iram ths date thereof until paid at tM rate of nine per centum per annum and to~ether with such interesr shall be secured by the I~en o( thi~ mortgage. 1. To permit, commit w suffer no waste, impairment a dete~ioration of taid property o~ any part thereof. 5_ To pay all and singular the costs, charges and expenxs, including a reasonable anorney i fee and costs of ~bstrads of title, incurred or paid at any time by said MORTGAGEE, because or in the evenl of the failure on the part o( the said MORTGAGOR to duly, promptly snd fully perform, d~uharge. execute, e(fect, complete, comp~y w~th and ab:de by each and every the stipulat~ons, agreements, conditions, a~d covenants oi said promiswry note and thq mortgage ~ny or either, and said costs, cMrges and expenses, each and every, shall be immediatety due and payable; whether or not there be notice d~ mand, attempt to cottect w suit pend~ng; and ~he full amount of each and every ~uch payment shall bear interest from ~he date thereof unfil paid ~t the rate o( nine per centum per artnum; aru.' all said cos+s, charges and expenses inturred w paid, together w~th such ioteresl, shall be secured by the lien cf thi! mortgaya. 6. That (a) in the event of any breach of this Mwtgage or default on tM part of the MORTGAGOR, a(b) in the event any of sa~d sums of money herein referred to be nof promptly and fully paid wi~hin thirty (30) days next afeer the same seve~ally become due and payable, without demand or notice, or (c) in the event each and eve~y the stipvlations, agreements, conditions and covenan~s of sa~d promissory noee and th~s mortgage any or either are no1 ~uly, prompNy and fully periwmed, d~scharged, execueed, effeded, completed, compl~ed wiih and ab~ded by, then in e~ther or any such ~vent 1he said aQ gregate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall becane due and pay- abte fathwi~h, or thereafre~, at the opt~on of sa~d MORTGAGEE, as fully and completely as if ~II of the said sums of money were w~ginaliy st~puletcd to be pa~d on such day, anything in sa~d promissory note or in this Mortgage to the contrary notwi~hstand~ng; and thereupon w thc~eafter at the option of said MORTGAGEE, without norice a demand, suit at law or in equity, therefore or thereafeer begun, may be proxcuted as if all moneys securod hereby had matured pnor to its institution. 7. Thaf in the event that at the beginning of a at any time pendirg sny su~t upon this Mwtgage, or to faetbse it, w to reform it, w to e~fwc~ payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisd~ction ~hereof fa the appointment of s Receiver, such Court shall Fwthwith appoint a receiver of said mortgaged prope?ty all and singular, includ~ng all and singular the ~ncome, prolits, issues and revenues from whateve~ source derive~, each and every of wh~ch, it being expressly understood, is hereby mortgaged at if specifically set fwth and deuribed i~ the y~anting and habendum clauses he~eof, and such Receiver ahall have all the broad and effective funct~ons and powers in anywise entruated by a Cou~t to s Receiver, and such appoi~tment shall be made bv such Co~rt as an admitted equity and a matte~ of absolute r~ght to wid MORTGAGEE, and without reference to the adequacy w inadequacy of the value of the property mortgaged or to the solvency or imolverxy of said MORTGAGOR or the defendants, a~+d that such rents, profits, incorne, issues and revenues shall be applied by such Receiver according to the lien or equity of said MORTGAGEE and the practece of tuch Court. - 8. To dvly, promptly and fully perform, dixfiarge, execute, eifect, complete, comply wi?h and abide by each and every the stipulations, agreemenri, conditana and covenants ~n said promissay note and ~his mortgage set forth. 9. That in the event the ownership of the mortgaged prcmises, or any part thereof, becomes vested in a perwn other than fhe MORTGAGOR, the MORTGAGEE, its successors and as:~gns, may, wi~hout no~ice to tFr_ MORTGAOR, deal wirh such succeuw cY :ucceswr in interest with reference to thia mortgsge and the debt hereby secured in the same manner as with Mortgagor without in any vray vitiatirg w dixharging the Mortgagori liability herr urxler or upon the debt he~eby secured. No sale of the premises hereby mortgaged ar.d no forbearance on the part oi the MORIGAGEE a its succrtsors o: ass~gns and no extension of the time fw the payment of the deb~ hereby secured given by the MORTGAGE'_ or ita successws or assigru, shall aperats to release, d~scharge, modity change or afftct the original liabii~ty of the MORTGAGOR herein, either in whok or in part. 10. It is specifically agreed that time is of the essence of this contract arxl that no waiver of any obligatan hereunder w of the obligation sa- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured he~by. 11. In add:tio~ to the fwego:ng monthly payments of princ'pal and interest required by the promissory no~e secured hereb~, mortgagor covensnts and agrees to pay to mo:tgagee with each monthly payrnent an add~rional sum est~mated by mo:tgagee to be equal to 1%12 of the annual cost of the io~low- ~nq: A-All rea~ property taxes levied or assessed agai~st the above described real estate. B-Prem~u~ns o~ fire and wind:torm ~nsurar.ce as he~ein requ~red to be carried on tFw improvements situate on the above described p?emises. ~ C-Pre~niums o~ such mwtgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the ban secured hereby. i Mortgagee sfiail !rom time to time notify mortgagor in writing of tFu amount due and payable hereunder and wch sum shall thereupon be d~e and payable on the due date of the next monthiy payment and each successive month thereaft~r urtil mortgagee shall notify mortgagor of s change in wch a~nount. Such sums sha:l be applied by mwfgagee toward the payment of real pioperty taxes, i~surance prem:ums, a~x) mortgage guaranty insurance ~ premium3. I IN WITNESS V~HEREOF, the sa~d MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. ~ Sig J, Sealed an ,deliv red in the presence of: ( ~ ~ FILED AND RECORDEO ST. LUCI~ COUNTY. FLA. • :~;.Cn?C ~IF!En +q 185'7'72 ~ n ~ '69 pV .I 8 ¢ : 50 STATE OF FLORIDA ! COUNTY OF S t. L uc ie ~ i Befwe me personally appeared LVAwOOd Ha~~$ 1'01 RA$ and Bobbie Jean HarmonCLERK CIRCUIT COURT his wife, to me well known a~,a +o ro ~ the individuals described in and who executed the foreyoirg instrument, and acknowledged before me that they executed the same for the p~rposa r?,e?~~~ ~x~.~~d. a~a rr~ said Bobbie Jean Harmon ~ wife of- the said Lynwooc3 Harmon vpon a sepsrate and priv~te ~ examination by me taken separate and apart from her said husband, atkrawledged to ard befwe me that she execvted seid instrument freely and volun- tarily and without any compulsan, constraint, spprehension, fear of or from her said husband. ~ WITNESS my hand and official seal this x 7~ day of November A D. 19 ~2_ fi ~ ~ Notary Public in ~nd fw the State of Florida at Lerps My Commiuio~ expires: ~ Rerum To: NOTARr PUBUC, STATE OF FIQRIOA AT LJIR6E ~ ~ first Ftderal Savingi 3 Loan" Association - it`~~(~~+COMMISSION EXPIRES SEPT. 23, 1973 y Of fort P~erce. `tat ; iNRU ERED W. OIESTELbORSF ' ~ E ~ Fort Pierce, Fbrida ~j ''i , ~ ~ '~`J,••' ~ ` ~JJ 1 = This Instrument Prepared By John 4'. Collins - , ~ First Federal Savings & Loan Association ~ ; `:~p ~t,: : ~~9 of Fort Pierce ~ Flor ida . c. - 4:S : : • ~'r ~ , . X; 4 r' 0 R ~ Checked By ~ - l' ~ ~ BOOK 181 PACE 29 ~ .:t:,:,.,~• ~ ~ cf - ~ ~y _ ~ ; _ ~ _ ~ ~ Y-~- } _ . - -