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To ptace anQ continuously kcep on the bui!d'eng~ now or hereafter ~itusts o~ said Is~d and on alt equipmeM and personally tove~ed by this matq~ ags, w~th all prem~ums 1he~eon pa~d in full, fire insurance in the usual s~andard polKy fo~m, in s sum approved by the h10R~GAGEE, and wind~torm insurance in ths usual sTandard pot~cy form, in s sum approved by the MORTGAGEE, in tvch company or compan~es as tM A10RTGAGEE may d4rett; and all firs and windstorm insura~+ce poticies on any oi said build~nys, ~ny intere~t therein or part thereo(, in the agqregare sum aforessid w in excess thereof, shail con:ain t1~e usual standard ma~gagee clause or such other ctause as fhe Mortgagee may requ~~s, making 1he loss unde~ sa,d polr c~ea, each and every, payab~e ro said AlORTGAGEf a~ ~~s interes~ may appear, and each and every wch pot~cy shail be p?omptly ass gned and deGvered ~o •~y Fxld by uid MORiGAGEE aa iurrher security to iaid ~~ortgage debt, and, ~ot leu tha~ ten (10) days in advance of the expirat~on of each policy, to de- liver to said MORTGAGEE a re~ewal thereof, together with a ~eceipt fw the p~em~um of such ienewal; and there shall be no i;re or w~nda~oim insurance plated on ~ny of said bv+ldings, any interest there~~ or part thereof, unless in the form and with the loss payable as aiweiaid; and in the evenl a~y sum of money betomes payable unde+ such poliq a pol~c;es ~eid MORTGAGEE shall have ~he option to receive end apply the same on account of the indebted- ness secured ha~eby w to perm~t said MORTGAGORS to receive and use it p any part thereof ior oti~er purposes, ~v~~no~t th:rtu~ vvai~i ~g or m~pair- iny any cy~~ty, lien or right under or by virtue of this mo:tgage; and in the event sa~d MORTGAGORS shall fw any reason fai! to keep the said premises so insured, or faii to de~iver promptly any of said polrcies of insurance to said MORiGAGEE, w fail promptly to pay fully any pte~nivm therefor a in any respecl fail to perFwm, discharge, execute, etfect, complete, comply with and abide by this covenant, w any parf hereof, said MORiGAGEE may plate and pay (a such insurance or any part thereof w~thout waiving or affecting a~y option, iien, equity, w right unde? a by v;itue of this Mortgage, and the full amounr of each and e~ery such payment shall be immediately due and payable and shall bear interest from the date thereof umil paid at the rate ol nine per centum per annum and to~ether wi~h such interes~ shall be secured by the lien of this mortgage. 1. To permit, tommit or sutfe~ no waste, impairment w deterioration of said property w any part thereof. S_ To pay all and s~ngula? the costs, charges and expenses, inctud~ng a reasonabte attorney's fee and costs of abstracts of title, incurrcd w paid af any time by sa~d MORTGAGfE, because or i~ tF+e event oi the failure on the part of Ihe said MORTGAGOR to dufy, promptly and fully perfam, dixharge. execute, effett, complete, comply w~?h and ab;de by each and every the stipvlaf~ons, agreements, conditions, and covenants of sa~d promiswry note and ~hi~ mortgage any or either, and sa~d cosrs, charges artd expenses, each and every, shall be immediately due and payable; whether o~ ~ot ~here be not;ce dr mand, attempt to collect w suit pend~ng; and the full amount of each and e~ery such payment shall bear interest from the date thereof until psid at the ? r~te o~ ~~ne per centum per am~urn; and ail said costs, charges and expenses incurted oa paid, together w~th such interest, shall be secured Dy Ihe lien of this 1 mongage- Q That (a) in the event of any breach oi this Mortgage w defaull on the part of the MORTGAGOR, or (b) in the event any of said sums of money herein referred_to be not promptly and fully paid within th~rty (30) days nexi airer the same severatly become due and payable, without demand w notice, or (c) in rhe eyent each and tvery the stipufatio~s, agreements, conditions and covenants of sa:d promisso~y note and th~s mortgage any or e~ther a?e ~ot ~uly, promptly and fvlly performed, d:scharged, executed, effected, completed, comp{ied with and abided Sy, then in either or any such event the seid eg gregate sum mentioned in taid promissory nore then ~ema;ning unpaid, with interost aarued, and all mooeys secured hereby, shall become due and pay- able (o~thwith, or thereafter, at the option of said MORTGAGEE, as fv!ly and complefely as if all of the said sums of money we~e originally stipulated to be pald oa wch day, anything in sa;d prom~ssory note or in ~h~a Mortgage fo the conrrary nawi~hsfand~ng; and thereupon w thereafter al the opf~on of sa;d MORTGAGEE, without notice or demand, suit at law w in equity, therefore or lhereafte~ begun. may be prosecuted as if all moneys setured Fxreby nad matured pr~w to ~ts instit~tion_ 7. That in the event that af the beginning of or at any tirrK peoding any suit upon this Mortgage, or to ~pKJOiQ it, o~ to reform it, or to enforce paymcnt of any claims hereunder, said MORTGAGEE shall apply to tM Court havi~g jurisd~ction thereof fw the appointment of s Receivcr, such Court shall fo~thwith appoint a receiver of said mwtgaged prooerty all and singular, includ~ng all and singu~ar th~ income, prof~ts, issues and ~evenues from whatever source derived, each and every of wh~ch, it being eapressly undersrood, is hereby mortgaged as if spec;ficaUy set iorth and desuibed in the granting and habendvm clauses hereof, and s~ch Receiver shall have all the broad and ef(ective funct~ons and powers in anywise entru~ted by a Cou~t to a Receiver, and such sppointmenl shal~ be made by such Court as an admitted equity and a malter o! absotute right fo sa:d MORIGAGEE, and without reference to ths adequacy or inadequacy oi the value of the property mortgaged w to the wlvency or insolvency of said MpRiGAGOR or the defe~dants, and that such renfs, profits, income, issues and revenues shall be applied by suth Receiver according to the lien w equity of said MORTGAGEE and the {xactice oF such Court. 8. To duJy, promptly ar+d fully pertorm, discharge, ezecute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenanrs in sa~d promissory note and this mo~tgage set forth. 9. That in the everst the ownership of the mortgaged premises, or ariy parl thereof, becomes vesfed ie a person othtr than the MORTGAGOR, the MORTGAGEE, its successors and assigns, may, wirFw~t notite to the MOR7GAOR, deal with such svcceua w successor in interest with reference to this mortgage and the debt hereby secured in ihe same man:ier as with Mortgagor wilFwut in any way vitiat~rg or discharging the Nbrtgagors' liabi~ity F~etr under a upon the debt hereby secured. IYo sale of the Fremises hereby moatgaged and no forbearance on the part of fhe MORTGAGEE or ita successors or assigns and no extension of the time fw the paymenl of the debt hereby secured given by the MORTGAGEE or its successws or auigns, shall operate to release, discharge, modify thange w affet)'the orig~nal liabifity of the MOQTGAGOR herein, either in whole w in part. 10. (t is specfficatiy rgreed thaf time is of the easence of this contract and that no waiver of any obl;gat~on F.e?eunder ar oi the obligatan sr cured hereby shalf at any time thereafter be hetd to be a waiver of tF+t terms hereof or of the instrurtwnl secu~ed herby. 11_ In add;t~o~ to the fwego:ng monthly paymenfs of princ"pal and interest required by the prom~sso?y note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthty payrnent an add~riona( sum estimated by mortgagee to be equal to 1%!2 of the annua! cost of the follow- 'ng: A-A~i ~eal property faxes levied or assessed against the above described real estate. B-Prem~~~r.s on fire and windstorm insurar.ce as herein requ;red to be carried on the improvemenh situate on the above desaibed p~emises. C-Vremiums on such mortgagE guaranty insurar~ce as mortgayee shatl from t~me to time deem fit to carry on the )oart secwed hereby. Mwtgagee sha~l frcm Yrme to time notify mortgagor in writing of the amount d~e and payable hereundrr and such sum shall thereupon be due and ~ayabte on the due date of the next month:y payment and each successive month thereafter ur.~il martgagee shall notify mortgagor of a change in such amount. Such sums sF.ai( ~ applied by mortgagee toward the payment of real property taxes, insurance prem;ums, and mortgage guaranty insurance premiums. IN WITNESS rJHEP.EOF. rhe said MORTGAGOR has hereunto set his hand and seal th day and year first foresai . Sig , Sealed deli in the ptesente of: - . '/J ' - L ,q r.ersc c(~1c-R~ ~ (S~aO ~SeaD STATE OF fLORIDA ~ ~t. Lucie courvnr oF Befwe me penonally appeared Pinnie hns n "v ' - iierschel D. Johnson. Jr., a minor, and Edna J. Lord a ing e s -his-w~ , to me wel known and known to me to bs the individua(s desuibed in and who executed the fwegoing instrument, and ackrwwledged befwe me thaf they exetuted the same for the purposes ~herein expressed. _And-thrseid ~vife-ef-~rl+e-ssid ~ ~ ~xamwati~6y~m.tskew~epasa~e-and s-w~d~wsband.-acb~eNiedged~ser+d-brleee~n+e-tl~e?sheexeawsr~«d~iwsnvn~t-ihey~w~~ol~rr- aewip ~n~vwN~~u? ~wy-a~w~pui~iNy tw»rraiwb ~rprehswsiow~..~r~~ ~f-~r~~w~.s~ii i~rswwd. - . ~ :i - . - = / ~l • - , _ WITNESS my hand and official sesl this , dsy o~ _December ••""''•.~~~."~9~~ a p ~ AN o RECOa_ pE.°:JnC~-~-~ ? - - . ~ : FtLEO ~UNT 1• r~''~ Notsry Public in ~nd tor the 51it~ of:~brida . r gT. LUCIE ~VERIF~Ffl M,, m~u~«, ex . aet~.~ To: RE CQRig6~~~} P ~'2 ~ f'•~/ . Finf Federal Savi~gs b loan Association ~ . Of Fort P~erce. ~ ~ A ~ ` O ~ ~ ~f _ s _ • 1 ac Fort Pierce, Ftorida 'AA O ~ e~ F ? r 01TRAS This Instrument Prepared By Thonna~~:~~~oiEQURT= First Federal Savings & Loan AssociatioiCL- of Fort Pierce, Florida Checked By ~ ~ 8~x18~ ~1076 f i r T ~ ~~~~ti? ; - - - - - - - _ _ _ _ - - ~ ,s~ ~7~ ~ ' . , . ~ ~ ~a ~