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To place and continuously keep on the build~~gt now o. h~reaf~~r situat~ on sa~d ~~nd and on al~ equ~pment and penonally cove~~ by thii mwt¢ p~, with ~tl prem~umi rhereon pa+d in full, fire in~ur~nce in the vtv~l standard policy fo~m, in s ium app~oved by the MOR~GAGEE, and windstwm i~surancs in ~he ususl atanda~d pol~cy fwrn, in a sum ~pproved by tht AhORTGAGEE, i~ such company or canpanies as the MORiGAGEE may ~ dired; a~d all firs ~nd wlndstorm i~t~r+nce policirs on any of ~aid build~nps, ~ny i~~erest ~herein o~ pa~t thereo(, in the aggregate sum ~faesaid or ~ In exces~ ~hereof, shatl coniain the uiual sandard matgage~ clsuse w ~uch other cteuse +s ~M N1w~pagee may requ~r~, makinp tM ios~ unde~ sa~d po1F cis~, each and every, payab~e ro said MORTGAGEE as ~ti ~n~erest may appea?, and each and every such poticy shal~ Ix promptly sss.9ncd and del~vercd ~o ; ~ny held by said MOR~GAGFE as fu~ther security 1a aaid morlgage debt, and, no1 leu tha~ te~ UO) days i~ advance oi 1he expiralion of each polity, to d~- ~ liver to uid MORTGAGEE a renew~l thereoi, together with • rcceip? iw ti?e premium of iuch renewal; and there shatl bs no f~~e o~ windstorm Iruu~ance i placed on any of said buitdings, any interesf therei~ ot psrt the~eof, un!ess in the form and wi~h ~he loss payable as afaesa~d; and in the eva+t any sum of money becanei payable unck~ such policy a pol:ciss said MORTGAGEE shal~ havs the opt~on to receive and apply the same on accoum oi the indebted- ness secured hereby w to pe~mit said MORTGAGORS to receiva ~nd use i? or any pa~t thrreof ia onc~r purposes, .rl~hout ~tMrrtb~ waivi~~g or ~n,pair- ing any equity, lien a r:gh1 under or by virtve of thia mor!gage: and in 1F?e event ~a~d MORTGAGQRS shall fw any reason fail to keep the said p~emises w insured, a fail to de~iver promptly any of sa'~d policies of insurance 1o said MORTGAGEE, o~ fai! promptty to pay Fuity any pre~~;um therefor w in any respect fail ro pe~twm, dischargc, execute, eftect, tomplste, comply with arx) abids by this covenan~, w any part hereof, said MORTGAGEE may pl~ce •nd ; pay fa iuch insurance or any part thereof without wsiviry a ~ffecting a~y option, lie~, equity, w?ight undN w by virtue of ~his Mo~tgspe, ~nd tht = ful) ~mount of each and every suth payment shall be immediate:y due and payable and shall basr interest from ths date thereof until paid at the rate ol ~ nine per cen?~m per annum and to~ether with such interest shall be secured by the I~en of this mottgage. 1. To permit, commit or suffer no waste, impairme~t or deterioration of uid propcrty w ~ny part thereof. ~ 5. To pay all and singulsr the costs, charges and expenses, includ~ng • reasonable at~orney'~ tee and costi of sbs~rac~s of title, incurred or paid at any time by sa~d MORTGAGfE, because or in the event of fhe failure on the pa» of ths ssid MORTGAGOR to duly, pron,ptly and fully perform, d~uharge. axecvfe, effect, complete, comply with and ab:de by each and every the stipulat~ons, agreements, conditions, arxl covenants of sa~d promissory uwte and this matgage any or ei~her, and said costa, chrrges and expe~ses, each and every, ~hati be immediare~y due and payable; whether d not thcre be notice d~ ; mand, attempt to collect or suit pend;ng; and the full amount of each and every such payment shall bear inte~est from the date thereof until paid at ine ~ rate of nine pe? centum per annum; and al1 said costs, charges and expe~ses inturred o~ paid, together w~th such f~terest, shalf be secured by ths liert of thii i mortys~s ~ G. That (a) in the event of any breach of this Mortgsge or default o~ the part of the MORTGAGOR, w(b) in the event any of ss~d sums of money herein referred to be not promptly and fully paid within th~rty (30) days next a4ter the same severally become due and payable, without demand w notice, or (c) in the event each and every the stiputationa, agreements, conditions ano cover~nts o! sa~d promissory note snd th~s mo:tgage any w either sre not ~uly, promptly and (utly performed, d~scharged, executed, eifected, completed, compl~ed wi~h and ab~ded Sy, then in either or sny such event the taid a¢ gregate sum mentioned i~ said promisswy note then remaining unpaid, with interest accrued, and aU mor+ey~ secured ixreby, ahall become due and pay~ able fafhwith, o~ rherea(ter, at the oprion of sa;d MORTGAGEE, as fully and comple+ely as if all of the said sums of money vrere wiginally stipulated to be pa~d on such dcy, anything in sa:d promiuory note or in this Mortgage to the contrary notwithstanding; and thereupon w thereafter at the option of said MORTGAGEE, w~thout not~ce w demand, suit at taw or in equity, therefae a thereafier beg~n, may be prosecuted as if all moneys secu~ed he~eby had maturcd p~~or to ~ts in~titution. 7. That in the event that at the begi~ning of or at any time pending any suit upon this lNortgage, or to foreclose it, or to reform it, or to enfwts payment of sny claims hereunder, said MORiGAGEE shalt apply to the ~our~ having jurisd~aion thereoF fw rhe appo~ntment of a Receive~, such Covrt shall fathwifh appoinf a rece~ver of said mortgaged p~ooe~ty all and singular, includ~ng all and a~ngular the income, proids, issues and revenues from whatever source derived, each and every of which, it being expressly understood, is hereby morlgaged as ~i spec~Fically set forth a~d desuibed in the granting and habendum ctauses hereof, and such Receiver shalt have all the b?oad and effective funct~o~s and powers in anyw~se entrusted by a Court to a Receiver, and such appointment shall be made by such Coun as an admitted equity and a matte? oi absolute righ~ to said MORTGAGEE, and without reference to the adequaq w inadequacy o( the value of the p~operty mortgaged or fo the soivertq or insolvency oI said MORTGAGOR or the defendants, and that suth renes, profifs, inccme, iuues and revenues shall be applied by such Receiver accord~ng to the iien or equity of sa~d MORTGAGEE and the practice of such COUrt. 8. To duly, promptly and fully perform, discha~ge, execute, e~fect, complete, comply with snd abide by each and every the stipulations, agreements, conditions and covenants in sasd promissory note and this mortgage set 4orth. 9_ That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in s person other than the MORTGAGOR, the MQRTGAGEE, its succeuws and ass~ans, may, without notice to the MORTGAOR, deat with such successor or ~~ccessor in interest with re(erence to this mortgage and the de'vt hereby setured in the same mannzr as with Mortgagw without in any way vitiating o? dixharging the Mortgagori liability herr under or upon the d~bt hereby sec~red. No sale of the premises hereby mortgaged and no forbearance on tF~e part of the MORTGAGEE or its successors or a:signa and no exte~sion of the time fw the payment of the debt hereby secured g~ven by the MORTGAGEE or its successors w assigns, shall operate to release, discharge, modify change or affect the original liability of the MORTGAGOR herein, either in whote or in part. 10. It is spec~fically agreed that time is of the essence of this contract and that no waiver of a~y obltgation F~ereunder or of fhe obtigation sr cured hereby shail at any time thereafter be heW to be a waiver of tht terms hereof a of the instrument secured herby. 11. (n add:tio~ to the forego~ng monthfy paymsnts of princ'pal and interest requ~red by the prom~ssory note secured hereby, mortgagor covenanfs and agrees to pay to mortgagee with each monthly payme~t an add~~ional sum est~mated by mortgagee to be equal to 1; 12 of the annual cost of the fotlow- ~ ~ny. i A-All real property taxes levied or assessed against the above described real estate. [ B-Prem~v~ns o~ fire and windstorm insurance as here~n requ~red to be carried on the improveme~ts situate on the above described premises_ a ~ C-Pre~niums o~ s~ch mortgage g~aranty insurar,ce as mortgagee shall from t~me to time deem fit to carry on the ban secured hereby. ; Mortgagee shait from t~me to t~me notify mortgagor in writing of the amount due and payabte hereunder and s~ch surn shall thereupdn be due and ` payable on the due date of rhe next month:y payment and eath svccessive month thereafter urtil mortgagee shall notify mortgagw of a change in such 3 amount. Such sums shail be applied by mortgagee toward the payment of real property taxes, insucance prem:ums, and morlgage guaranty insurance ~ premiums. i IN WITNESS M~HEREOf, the said RTGAGpR has hereunto set his hand and seal the day and year first aforesaid. Sign Sealed deliv ed he presence of: - ~ ~ ~.-~-a 7r~-xt _ ,n , a~ , ~j?7"c u (Se+q ~ rc-~n STAIE Of FLORIDA ~ I SS" ~ COUNTY OF St _ Li1C1@ Betore me personally appeared Essie Mae Stone . formerly Essie Mae Ward ,,,d Homer B. $t01]@~ her husband 1U~lillfl; to me well known and known to me to be the individuals described in and who executed tF?e foregang instr~ment, and acknowfedged before me that they executed the same for the purpotes ~ix?~~~ ex~.~:ed. a,d said fis s ie Mae St one, f ormerl v Es s ie Mae War d wife of tF~e said Homer E. $L021e' vpon a separate and priv~te exam~nat~on by me taken separate and apart from her said husband, acknowkdged to and before me that she executed said instrvment fr~ely and wl~n- ~ tarily and without •ny compulsan, constraint, apprehension, or fear of or from her said hu~band. t WITNESS my hand and off;cial sea( thit -7 day of December ~ p. 69 , ds,~~e.L-~-9'~.A~.•= r:' • ; . . ` ` . . . Notary Public in and for the Sta~r4i~ fJprid~ af, My Comm, ioo txpires: ' ~ - ~ - Retum To: ~ ~ q / /~-.~7~i ~ ' F~n~ Feder~t Savings a~oa~ as~uar~ FILEO AND RECORDEO~ ~ : of F°'' P`e"e. ST. LUCIE C4UNTY, FLA. - Fort Pierce. Ftwida C- r ~1 R ~ ~ ~ ^ ^ F ~ ' . . ~i: 18~7418 . , This Instrument Prepared 8y Richard K. Kay~~l Q'-~ 22 ~ First Federal Savings & Loan Association of Fort Pierc~ F2orida ?t?:~^r? rQi H$ Checked By~_______ CL.~'RK CIRCUIT COURT BOOK 1~~ PAGE ~443 cf i . . _ . _ s_ ~ - _ : , _,u