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To place and co~tinuously keep on the bui'd:tigs now or hereafter ~ituate on said land and on ali equipme~t and personally covered by fh~s mo~tg- age, wilh all pren:iums thereon pa,d in iull, firc iniWant@ in the usual stand~rd po~~cy form, in a sum appro+ed by ihe M.OR~GAGEF, and%w~ndstorm insvrance in the usual uandard pot.cy form, in a sum approvrd by ~he MORTGAGEE, in such canpany or canpanies as the MORiGAGEE may direcl; ~nd aU ii~e and w:ndstorm insurance poliues on any of said build.ngs, any in~e~est therein or part thereof, in the aggrcgate sum aforeaaid or in excess ther~of, shalt ;onta;n the uwal srandard mortgagee ctause or such o~her dause as the Mortyagee may requ~re, mal,ing the ioas under sa~d poti- cies, each artd every, payab!e fo said A10RTGAGEE as ~ts interesl may appear, and eacA and every such pai~c~ shall be promp~iy ass gned a~~d dalrvered to ~;;y- ~~!a .-<a.~ i.nQrr,qrc~ ,4 ~,,,~ti~~ aecu~ity to said mortgage dzbt, and, not less than ten (10) days in advance of thc expirat~on ot each po1~~y, to da Ilver ~o sa~d niORTGAGEE a renewal thereof, toge~htr with a ieceipl for Me prertuum o1 sucn renew~~; 0~~3 t;-,~:a ;:,..i: : ~n*e p~aced on any of said bu~ld~ngs, any interest thcrein or part thrreof, un!eas in the fo~m and with the loss payable as aforesa~d; and in the event anys sum of money becomes payable unde? such pol6cy or pot~cies sa~d MORTGAGEE shall have rhe opt;on to rece~ve and apply the sa~ne on accounl of the indebtrd• ness secured htreby o~ to pe~m~t said MORiGAGORS to rece~ve and use it w any par~ ~h~rcof tor ooi~.•r pur;:os<s. :.:~~._~~t ~h~~~„~ ~,;:;~i,a ;;r ~.~~p,.~.- ing aoy equ~ty, lien a r~9h~ under or by vir~ue of th7s mo-!gage; and in the event sa~d MORTGAGORS shall for any ~eason fail to k.rep ehe sa~d p~emisas so insured, w fail to deliver prampNy a~y o1 sa±d polic:es of insurance to said MORTGAGEE, or f~i! promptly to pay fwly any pce:,~~,~m ther~ior or in any ~espect fail to perform, d~scharge, execute, effect, complere, comply with and abide by this covenant, or any part hereoi, sa~d MuRiGAGfE may place a~~o = pay fw such inwrance or any part thereoF wuhout waiving a affecring any optfon, lien, equ»y, or right under or b~r vLtue of thls hlongagz, and tht fuU amo~M of each and every such paymero shall be immediately due and payable and shall bra~ intcrrs~ from the date thcreol until p.,id a1 the ra~e ol nine per teNUm pet artnum end to~ether with Such inter~st shali be :ecured by t6e lien Of tflii mortgage. 1. To permit, commit w suf(er no waste, impai~ment or deterioration of said property or any par! the~eoF. io pay au anu a~~~y,,:o: ..;.:y_, -~^s~:: ~.~~s~~ti~~ attornpv's fee and costs of abstrads of title, iawrred or pald at any time by s~id MORiGAG:E, because w•in the event ofYthe fa~lure on the pari of the sa~d MOR~;,AGOR to duly, promplly and t~lly p~rtorm, dn:narge. _._~..m efiw~ r~nnlpie. CO~nnlv wuh a~d ab:de by each and every the stiputanons, agreements, condmons, and cove«anes of said pro~n;ssory note and this mprtgage any or erther, and sa~d costs, charges a~~d expenses, each and every, anau oe immeo~e~r~y uuo o~~.'. M;,~.:~:c, !h~•- ..o•~c• •i~ mand, auempt to cotiect or auit pend~ng; and ?he iuil anwunt of each ar.~ e•rcry su,h Faymem shall bea+ in~erev from ~he date thereof until paid at tF.e ra~e of nine per ccnt~m E,rr annu:n; and all said ccsrs, cha~ges and eapcnses inc~rred or paid, together w~th wch interest, shall be secured by the lien oi th~~ rt+ortgage. 6. That (a) in the event of any breach of this Mortgage or default on 1hr part of the MORTGAGOR, w(b) in the event any of sa:d sums of money herein re4erred to be not prompHy and (ulty paid w;r'r:in tt~~rty (301 days ne:t airer 1he same sevcra:ty becane due and payable, wiiho~t demand o~ noti~e, or (c) in the event each and every the stipulations, agreemenis, condlrions and covenants of sa.d promissory note and th~s mo~~gage any o~ ei~her are not iuly, promptly and f~Uy performed, d.schargad, execWed, eifecled, completed, compl~ed w~:h and ab~ded 5y, then in e(rher or any suci~ eve~t rhe sa~d ag- gregate sum mentioned ~n said promissory note thrn rema~ning unpa~d, with interest acc~ued, and atl mon~ys secured hereby, shall becoma due and pay- . able forthwith, or thereaft~r, at the opt~on oi said MORiGAGEE, as tully and cwnpte~ely as if all of the said sums of money were onginatly st~pu+ated ro be patd a+ suc ay, any i , " ! tuu~ flf said MORTGAGEE, without not: r or demanc~, suit at law or in equ7ty, therefo~e o~ thereafter begun, may be prosecuted as if a!1 moneys secured hereby had matured pnw to its institut .n. 7_ That in the evenr rha• at the b~.~iet+ing of or •t any time pend7ng any suit upon th;s Mortgage, or to foreclox it, or to reform i~, or to enforce payme~~ of sny claims he eunce:r, said N~SIFTGAGEE shall apply to the Cour1 havir.g juriid:ction thereof for the appoinlment of a Receiver, such tourf shail Forthwirh appoiM a recei. r of said nerlgaged prooerty all and singuiar, inctud~ng a:t and s~nguiar the iacame, profrts, issues and reven~es lro~n wh,,tever saurce derived, each and every of whKh, it be~ng expressly undersrood, is hereby mortgaged as if spec~licaity set iorth and described in the granting and habendum clauses here.wf, and such Rtceiver shal~ have all the broad and effective funct,ons and powers in anyw~se e~trusted by a Court to a Receiver, and scth appointment shift be made by s~ch Courr as art admi~ted equ~ty and a m.aner of absolute right to said MORTGAGEE, and wi~hou~ reierence to the adequacy or ~nadeq~acy of the vatue of the property mo~tgaged or to the so:vency or ~nsolvency ol sa~d MORiGAGOR or the defendants, a~d that such ren~s, protits, income, issues and revenues shall be app~i..~d by such Receiver acmrdmg io the lien o~ equity of saEd MORTGAGEE and the prattite of such Court. 8. To duly, promptly and f~lly per(orm, discharge, execute, eifect, complete, comply with and ab~de by each and every the stipu~ations, agreements, co~ditions and covenanrs in sa~d promissory note and this mortgaqe set fo~th. 9. That in the event the ownersh~p of fhe mortgaged premises, w any part thereof, becomes vested in a person othe~ lhan ihe MORiGAGpR, the MORTGAGEE, its successo~s and ass~gns, may, without notice to the'MORTGAOR, deal with svch successw w svccessor in interest with reference to this mortgage and the debt hereby secured in the same mamer as w;th Pllortgagor without in any way vit~ating or d;scharging the Morlgagors' liability here- under or upon the de6r hereby secured. No sale of rhe premises hereby mortg'aged and no lorbea~ance on ~he part oi the /110RTGAGEE or its successors or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGE~ or its auccessws or assigns, shall operate !o release, d~scFwrge, modify ~hange or af/ect the orig~nal t7ao~l~ty of the AhORTGAGOR F~erein, e±ther in whole w in part. 10. If +s spec:fically a_qreed that time is of the esun~~ of this contracr and tbat no waiver of any obGgation hereunder w of the obligatan sr c~red hereby shall as any time thereafter be he:d to be a waiver of the terms hereof w of the instrumenl secured he~by. 11. In aJdt;o~ !o tn~ forego'n~ roonth!y payments of p:inc'pal and interest required by the promsscry no!e secured her~b~, mortgagor eovenaMs and agrees to pay to mortgagee w~th each monrhly payment an add~r;anal sum est~n•ated by mortgagee to be equal tfl 1 j 12 of the ann~al cost of the follow- in~: . _ . A-A? real property taxes levied or assessed aga~•~st the above descri~cd real estate. B-F~~:r.~.~ns on f~re and wlydsto:m insurar.ce as here~n requtr~ to be carried on the improveme~ts rtuate on thc above described premises. C-Pre:n~ums o~ svch morrg,,ge guaranry ir.surance as morrgagee sha!! f~om. ~;-ne to r;me deem fit to cafry on the loan secured hereby. Mo~tga~ee s~~' `•cm t~mc to time notify mortgagcr in writing of the am,ou~t due and payable hereund~r and such sum sh~'.1 ihcreupon be due and Fa~able on the cl~c ::ate of th_ n~:t rronth:y paym~N and each successiae month therealt~r ur.til mortgagee Shall notify morlgagor of a change in Suth amaunt. Such se~,ns s+.a ~:;e ap~::ied by mortgagee roward fhe payment of ~eal property taxes, insvranca prem:ums, and mortgage guaranty insurance premiums. IN \YITNESS :'~H~REOF. ;ne said MORTGAGOR has hereunto set his hand and seal the day a d year irst aforeaaid. iq\ Sign , Seated an detiver i~ the presence of: ~ . / ~ Sesl) ~ (Seaq ~ r / a ' ($eal) (Seap - ~ ~SFA7E Of F10RIDA ~ St. Lucie u- COUNTY OF ( ~ Before me personally appeared -~OZ1Tl B. Potvin, .1Z. and Shirley R• pOtV1D his wife, to me we!! known and known to mt to be the individuals described in arsd who executed the foregoing instrument, and acknowledged before me that they executed the same for the purposes therein expressed. And the said_ S21~Z1@Y R• POtV~A N~fe of the :a~a John B. potvin. .lZ. upan a separate a~d private exam~nation by me taken separate and apart fram her said husband, acknowtedged fo and beEore me that she executed said instiument freely and vofun- ranly and without any compulsion, constraint, apprehension, or nfear of or from her said husband. WITNESS my hand and offiual seal this v~'~v~-~. day of Jan =j/ ~ p 19 7O ary Public in and for the State of Florida at Large My Commission expires: Return To: - , ~ ~1C'..~.: rU„!1 - First Federal Savings S loan Associatio~ • ~~~AY C'J!~~~iS;;{ NS~p~RESfSEPT, ~Gk . • . o( Fo~? P;erce. - ~ iH~ F~ w~ ~O~ 1973 . fort Pierce. Florida ~ - _ . ~ ` L'? • ' ~ . ~ ~ILEO t:~:D R~COROED ' _ ~L'~~E CQUt'1~Y~FL~. This Instrument Prepared By R3.C~?Zd K -fC~ i ` ' ~ ^ ~ w ~ ~ . ~y~ • , Fir,t Federal Savings & Loan Association 1~ f~:7`~ of Fort Pierce~ Florida .;,~ei.""'' 25 1' ~r C t ~ . ,~~•~i':1111:~~ J :~I~~7 ~ / Checked By ~ ~r~~~ BOOK ~O~ PAGf ~~v c ~-~i7 i~ :.5 - ~ ~ r:K C~i Cv'! ~ ~OURT - Cf 4 - _ _ _ ~.=..r ~ -.,a~~w~~.. t ~f r . _ _ r= . _ ' _ ~ . N ;V s~'~~+~~.^