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To ptace and continuously keep on the bui;d~ngi now or hereafter ~ituste on sa~d land and on ali equipmer.t and pe~sonally covered by lhit mortg- ege, wi~h all prem~ums the~eon pa~d in full, fire insurance in the usuat ssandard pol;cy form, in a s~m approved by thr MORCGAGEE, and w~ndstorm insurante in tMe usual slandard pol:cy form, in a sum approred by the MORTGAGEE, in tuch company ot companies as 1he h10RTGAGEE may d:rc:!; a^d a~~ f~•e ar.d w~nds~orm insurante polic~es on any of sa~d build~~+gs, any interest therein or part thereof, in the aggregate ~um ~foresaid or in excess Ihereof, shall contain the usual standard mor~gagee clause or such other <lause at fhe Mwfgagee may req~~~e, making t1~e loss und~ sa~d poli- cies, each and eve.y, payab!e ro said h10RiGAGEE as its ~roarest may appear, and each and every such po:~cy shall be pron,p~ly ass gnad a~~d de~ivered ~o any held by sa~d htORfGAGEE as f~nher security to aald mortgage deb1, and, not leu than ten (10) days in advance of the expiration of each poGty, ro dr tiver fo said htORTGAGfE a renewal thereol, toge~her with a rece~pt for the prrr:iium of such renewal; and there shall oe no i~re or windstorm insurance placed on any of said bui!d~ngs, any interesl therein w parl thereof, unless in t!x torm and with the loss payable as aforesaid; and in the event any sum of money becomea payable u~der such policy or policies said MORTGAGfE shall have rhe opt~on to ~eceive and apply ~he sa~ne on accou~~t of ~ha i~~debted- ness secured hereby or ro perm~t said MORTGAGORS to receive and use it w any par? the:eof for oin.,~ pur~,os~•s, v.nt:c~t ~h u~ w.:~.~ or ~~~~pa~~- iog any equ~ty, lien or ri9ht undrr or by virtue of ~h;s mo~`gage; and in the eve~t sa~d MORTGAGORS shafl for any reason fail to 4~er ~h++ ~atrl ~remises so inwred, or faif fo deliver prort~ptly any of said polities ef insuran~e to sa;d MORiGAGEE, ot fall promptly to pay 1u~ly any premw~n ihcrrlw or in a~y re3pect fail to per(orm, d~sch~rqe, e~ecute, effect, complete, comp!y with and abide by this cove~ant, or any part hareoi, sa~d hSGRiGAGEE may place ano pay For such insurance c: any part thereof w~~hout waiving or affecring any option, lien, equtfy, oa righr unde~ or by vlrtue of this Mortgage, and the ful) amoum of each and e.ery such paymenf shall be immediately due and payable and shali bear inirr~-st from Ihe date thcreof until pa~d at the rate oi nine per tentum per annum and to~alhcr with such inter~sr shail be secured by Ihe lien Of this mottgage. To permit, commit or suffer no waste, impairment w deterioration of said properfy or any ~•r rh.~r.~f. ~ 5. To pay a11 and sing~!a~ the cosrs, charges and expenses, induding a ~easonable aitor~ey's iee and costs of abstracts of tnle, incuned or paid a~ a~y time by a~id MORTGAGfE, because or in the eveN of the fa~lure on the part oF ~~e said MOR~GAGOR to duly, pron,Htly and futiy p~•r(orm, d~scharge. execute, effec~, ca»plete, comply wuh and ab:de by each and every Ihe stipuiat~ons, agreements, condihons, and covenanrs of sa~d pro~n~;sory note and this martgage any or ei~her, and sa!d costs, chargzs and expenses, each and every, shall be immed~ately due and paya6:r, wheth,;r or not there be oa~ce d~ mand, attempl to coltect or suit pend~ng; and the iult amount of each and every such payment shall bea. intcrest from the date thereof until paid af ti~e rate of nine per cenrum per a~snu:n; ~nd a1~ said cosrs, charges and ex~,enses irxurred c: paid, together w+th s~ch interest, shall 6e srcured by thr ?fen of 1h~s mortgage. 6. That (a) in thc event of any breach ot th~s Rlortgage o? default on the part of the MORiGAGOR, or (b) in the event any of sa:d sums of money herein referred to kh: not pr~mp~ty and fuily paid wRhin thury (301 days nexr aiter the same severa'ly beco~ne d~e and payoble, wi~hout de~nand or notice. or (c) in thr event each and every the stipulatioris, agreements, cond~t~ons and covenants of sa•d pro~nisaory notr and th:s mortgage any or either are not ~uty, promp~iy and tu;ly performed, d.scharged, exec~red, e(fected, comp:eted, compf~ed w~~h and ab~ded 5y, then in e~ther or any such eve~t the sa~d ag- grega e u e ; . ' - , . . . , , , and nav- able forthwith, or rt~~reaFter, at the opt~on of said h10RTGAGEE, as fully and comp:etely as if all of the said wms of rnoncy were or~gina:ly st~puiated fo bz pa~d on Svth d~y, anyihi~g in sa:d prorn~ssory note or in this Mo~tgage to !he coMiary notwithstand~ng; and ther~upon or Ihe:cafter al the op!:on oi said ARORTGAGEE, v.:tF,out nct~cr or demand, suit at law or in equity, there(cre or thereaiter begun, may be prosecuted as if all moneys secured hereby had matured pr+or to ~TS inSlilUttOR. 7. ihat in the ever.t ihat at the beginn~ng of or at any time pending any suit upw.t this Mortgage, or to foredose it, or to reform it, or to enforce payment of any cl:,ims hcreund~r, said ?dORTGAGEE shall apply to the Court having ~unsd~a~on fhereof ior the appointmen? of a Rece~ver, wch Coun shall Forthwirh appoint a receiver of said mortgaged proorrty all and singular, includ~ng all and singutar the income, prol~ts, issues and revenues from wharever sourte derired, each ar.d every of wn~ch, it being expressly unders~oed, is hereby mor~gaged as if speufically set ior~h and destribed ir. fhe g~ant~ng and habendum c~aoses hereof, and such Receiver shall have all the broad and effective funct~ons and powers in anywise emrusted by a Court to a Receiver, and such appointme~~t shatl be made by such Court as an admitted eq~ity and a matte? of abso;ute r7ghf to said ARORiGAGEE, and wirhout re(erence to tne adequaq or inadaq~acy of the vatve oi the property mortgaged or to the so~vency or ~nsolvency oi sa~d MpRiGAGOR or the defendants, and that such rrms, profits, incc:ne, issues and revenues shail be applied by such Receiver according to Ihe tie~ or equ~ty of said MURTGAGEE and the practice of such Court. 8. To duly, promp~ly and fully perform, discharge, execute, eifea, complete, comply with and abide by each and every the stipulations, agreements, condnions and covenan*s ~n sa~d promissory note and this mortgage set forth. . 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MOR~GAGOR, the , MORTGAGFE, its successors and ass~gns, may, without notice to the ~10RTGAOR, deal with such successw or successor in irtterest wnh reierence to this mortgage and the d_•ot hereby secured in the same manner as wifh 111ortgago~ w~thout in any way vit~ating or d~scharg~ng the /~lortgagors' liabii~ty h¢rr under or upon rhe debt hereby sec~.ed. No sale of the premises hereby morrgaged and no forbearance on the part oF the /1tOATGAGEE or its successors or asi~gns and no ~~!ens~on of the t~me for the payment of the deb+ he.eby secured given by the ~dORTGAGEE or ]ts successors or ass~gns, a~~atl operate ro release, d~scharge, modify change or affect the ori~inal Iiab:Gty of the NtORTGAGOR herein, either in whole or in part. 10. ft is spec~{;ca~ty agreed rhat ~ime is of the essence of this contract and that no waiver of ary obttgation hereunder or of the obligation sr cured hereby shah a~ any time thcrea}rer be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In ;;id rb~ to the forego:ng monthly paym~nts of princ pal and interest requ~red by the prom:sscry no!e secure~ hereb~, mortgagor covenants and agrecs to pay ro mc:tgagec v~ith each month?y payr,~ent an add~rional sum est:mared by mortgagee to be eqvai to 1:' 12 of the an:wal cost of the follow- in9: • A-A~i r._al property taxes levied o~ assessed agaiost ihe above desaihed real estate_ B-Fr:rr.,., ns on f~re and v~indsto+m insuracce as neie~n req~;~ed to be carried on the tmprovemeMS situate on the above d:scribcd premises_ C-Premiums on such morfgage guaraMy ir.surance as mortgagee shalt from t~me to tirne deem fit to carry on the loan secured hereby_ J.Sortgag~e si~a~l ±r;;m nme to time notify mortyagor in writing of the amo~e~ due and payable hereundzr and such sum shall thcreupon be due and payable on the ti,re dara of th> next moroh,y payment and each successive m~nth thereafte• until mo~tgagee shall notify mortgagor of a change in such amoum. Such su~r.s sF~.! :~e app:ied by morrgagee toY~aid the payment of real property taaes, insurance prem:ums, a:~d mortgage guaranty insurar.ce premi~ms_ IN Y,IITr~E55 `::H;RCOF. ~he sa~d MORTGAGOR has hereunto set his har al the day and year first a(oresaid. S~gn Seated and ~fer~e ir the presence d?1LED AND RECO~a~~ C1d.~~ ST. LUCIE GOUNTY, F~A. ' • . ~ t_ ~ v ~ ^ ~ ~ ~ t_ ' ' Seal) - i l7~ ( J lJ l7 ~ ~ (Seaq r f . ~ (Seaq ~a~', ( Ht'~ ~ t~ : ~ 5 4 J ~ ~ ~Seaq STATE OF FtORIDA r~ j S5. ~j'f G COUNTY OF ~ • Ir1~C~@ ; _ - ~ ~.iC~ ;•,i_' t Before me persorally appeared ld end 73I1@ . arfield his wife, to me well known and known to rrK to be Ihe individuals describcd in and who e:ecuted the fw oi~ instrument, and acknowledged before me that they executed the same for the purposes Iherein expressed. A~d the said ~~n~ K• ~~~~"~d wife of the said J811~9 S• t}arPield upon a separate and private e~cam~nat:on by me takzn separate and apart from her said husband, acknowtedged to and before me that she execured said instrument freely and volun- larily and w~thovt any compulsion, constrainl, apprehe ~on, fear of or from her said husband. WITNESS my hand and offiual seal this day of A, D. 19_ ~ v ~ No ary Public in and ior the State of Florida at Large My Commission e~cpires: Return To: First Federal Savings 3 toan e?:soc~anon ~BUG STAiE Of fLpp~Q,N ~T LAR~E O( Fort P~erce. ~.••~,,~MM~SSION EXPIRES SEPT, Q3, 1973 ~ THRU FREp W pI~tELHORSt Fo~t Pierce. Ffcrida L~ ~ : ~ ` :J~ __~T ~ ~ ~ F ~ , 7 ~ ' This Instrument Prepared By i~rt. E. ~'i11A ~ - ~ ; ~ ' . First Federal Savings 8 Loan Association of Fort Pierce ~ F101'1d8 ` . Checked By ~ ~ ~ ~ ~ : ~nox ~z 5 pa i , 4 ~ j L~~ev.y.,~s~.,.~T...«~ .c _ ~ ~ . ~ ,o _ . _ - _ ~ . . . . . .a~ ) f '...~R'~s~