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To plxe and continuously keep on tht buitd~rps now w hereaflN Wtwt~ on ssid I~nd and on all eauipment ~nd perso~+lly covered by this mort~ ege, with •11 premiumi ~herta? pa~d in fufl, tire insurance in the usual s~andard policy fo~m, in a sum approvtd by tM MORTGAGEE, andiwindstorrn insur~nce in IAe usual standard pol~cy form, tn • wm approved by the MORTGAGEE, in ~uch company or companies as ~he MORTGAGEE m+y direclp and all (irs and wlndsro~m iniurance policies on ~ny of said build~nps, any interest the~ei~ w part thereo(, i~ the aggregate wm ~toresaid or in ~xt~ss thenof, thall cont~in the ~swl stendard mortgage~ clauss a tuch otFar c1auH ~s 1M Mortyagee may ~equ~r~. makiny ~he loss vnde~ said poli- ; cies, esch and tvery, paYabk ro taid MORTGAGEE a~ in in~ere~t may appsa~. +od e+ch and ~very iuch poticy shall be promptly ats.9ned ~nd delive~ed ro eny held by said MORiGAI~tE ss funher sa~rity to said mort~age debt, and, not leu than ten (101 d~ya in advance ef the expirition of each policy, to d~- 1 I~ver to uid MORTGAGEE a renewal thereof, togethN with a receipt fo~ the premium oi such renewal; and ~here shall be no f~~e or winds~orm iniurance placed on any of said buildinps, any interest therein w parr the~eof, ~nleu Io fhe form end with the lou payable as afo~esaid; and in tl+~ evsnt s~y sum ! of money becanes pay~ble unde? such poliq a polKios sa~d MORTGAGEE shall have the option 10 ~eceive and apply the same on accounf ot the indebted- neu xtured hereby or ro permit said MORTGAGORS ro receive and use N w any part thereoi tor othe~ purposes, wliM~t ihs~eo~ ~vaiving or unpah• ; ing any equ7ry, lien or righi undc~ or by virtus of ~his ma:sgage; and in the event uid MORTGAGORS shsli fw a~y reason fail to keep the ia~d p?emisrs so insured, a fail to deliver promptly any of uid polities of i~~urancs to said lNORTGAGEE, w fail promptly to pay (ully a~y prem~um therefp a in any respect fail to pe~fwnw, discharge, execute, effect, complete, comply wi~h and abide by fhis covenant, a any part he~eof, said MORTGAGEE may place and_ pay tor such iniurence or any p~rt thercof without waiving w af(ecting any option, lien, equity, a rgM under a by virtue of this Mortgage, ~nd the full amount of each sr+d every wch payment shall be immediately due and payabls and shall bear interest from the date thereoi until paid at the rate ol n~ne per centum per annum and to~ether with ivch interesf shali be secured by the lien cf this matgage• To ptrmit, commit or sutfer no waste, impairment o~ deterioration of said propery w any psrt thereof. S. To pay all ar+d singulu the cosb, charges and expenses, in:ludi~g s reasonable ~ttorney's fee and costs of abstrocts of title, incurred or paid at any time by said MORTGAGfE, because w in the erent of the failure on the pa?1 of the said MORTGAGOR to duly, promptly and fulty perform, diuharge, ~ ezecute, effed, comple~e, comply with and ab:de by sach and every the stipulations, agreements, conditions, and covenants of sa~d promissory ~ote and this ~ matgage any w ei~'.-~ea, and sa~d costs, charges and expenses, each and every, shall be immediately due and payabte; whether w not there be notice da mand, astempt to collecf a suit pending; ar?d the fult amount of each snd every such payme~t shall bcar interest irom the date thereof until paid at the rate of nine pe? centum per am~um; and alt said costs, charges artd expenses ir+turred ot paid, together w~th such interest, shall be setured by the lien of thi~ mwtyag~. 6. That (s) in the event of any breach of this Mortgage w default on the part of tFu MORTGAGOR, or (b) in the event any of sa~d sums of money herein referred to be no1 promptly and fully psid within th~rty (30) days next afte~ the same xveralty become due and payable, withoul demand or notice, or (c) in the evem each and every ~he stipu:a::re~s, agreemeofs, cond~tions and covenants of said p~omiuory note and th~s mortgage any or e~ther are no1 ~uly, promptly and fully performad, d~xharged, executed, effected, completed, complied with and abided 'ay, then in either a any such event the said ag i gregate sum mentioned in ;aid promissory note then remsining unpaed, with interest accrved, and all moneys xtured hereby, shall become due and pay- i able fwthwith, a thereafter, at the option of said MORTGAGEE, as fully and comple~efy as if all of the said sums of money were orginally st~putated to 6e paid on such day, anything in sa:d p?omissory note w in this Mortgage to the contrary notwithstanding; and the~eupon a thereaiter at the option of said MORTGAGEE, witAout notice o~ demand, suit at law w in equity, therefwe w thereafter begun, may be proxcuted ss if all moneys secured hereby had matured pnw to ~ts insiiiution. 7. Thaf in the event that at the beginning of w at any time pending any s~it upon this Mo?tgage, d to foreclose it, w to ~eform it, w to enfores payment of any claims hereunde?, said MORTGAGEE shall apply to the Court having jurisa~~~~ ~hereof for the appo~~tment of a Receive~, such Courf shall forthwith appo7nt a receiver of said mortgaged property all and singular, incl~d~ng all and singvlar the irtcame, prollts, issues and rcve~~xs from whatever souice derived, each and evcry of wh~ch, it being expressly understood, is Aereby mor~gaged as if spec~fically xt forth and desuibed in the granting and habendum clauses hereof, and such Receiver shall have all the broad and ef(ective functions and powers in anyw~se entrusted by a Court to + Receiver, and such appointment shall be made by such Court as an admitted equity and a matter of absdute right to said MORTGAGEE, and without reference to the adequaty oa inadequacy oi the val~e of the p~operty mwtgaged or to the soivency or insolvency of said MORTGAGOR or the defendants, and that such rems, profifs, incorrie, issues and revenues shalt be applied by such Receiver according to the lien or equity ot said MORTGAGEE and the practice oi such Coutt. 8. To duly, promptly and fully perform, dixharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditans and covenams ~n said promiuory note and this mortgage set forth. 9. That in the evenl the owrrship of the mortgaged premises, or any part thereof, becomes vested in e person other than the MORTGAGOR, the MORTGAGEE, its s~ccessors and assigns, may, without norice to the MORTGAOR, deal with such successw or successw in interest with refere~ce to this mortgage and the debt hereby tecured in ihe same manner as with Mortgagw without in a~y way vitiating or distha~ging the Mortgagors liability herr under or upon the debt hereby secured. No sale of the premises hereby m«tgaged and no forbeara~ce on the part of the IAORiGAGEE o. its svccessors or auigns and no extension of the time for the psyment of the debf hereby secured given by the MORTGAGE~ or its successws w assigns, shall operate ro reiease, d~xharge, modify chuge or sffect the origioal liability of the MORTGAGOR herein, either in whote or in part. 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any obliga~ion hereunder or of the obligation sr cured hereby shall at any time thereafter be held to be a waiver of the terms hereof a of the instrument secured herby. 11_ In add:t~o~ so the fwego:rx~ monthly payments of princ'pal a~d interest required by the promissory ~ote secured hereby, mortgagor toverwnts and agrees to pay to mo: tgagee with each monthly payment an add~!ional sum estimated by mortgagee to be equal to i/ 12 of the annual cost of the follow- '^9: i A-All real property ta:es levied w assessed against the above described real estate. ! B-Premiu~ns o~ f~re and windstorm insurance as herein requ:red to be carried on the improvemeMS situate on the above described premises. C-Pre~niums on such mutgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the loan secured hereby. ! Mortgagee sha~l from time to time notify mortgagor in writing of ihe amount due and payabte hereunder and such sum shall thereupon be due and f Fayable on th> due date of the next monthly payment and each successive month thereafter ur.til morigagee shall notify mortgagor of a change in such amounr. Such sums sF.a!I be applied by mortgagee toward the payment of real property ta~ees, insurance prem.ums, a~xl mortgage guaranty insuranie ~ premiums. - f IN WITNE YlHEREOF. the said MO GAGOR has hereunto set his hand and seal fhe day and ear firsl aforewid. i s~ a ea a der ~ w~e ~r: F1LED AND RECORO ~ ~~c, ~UC~E COUNTY~F an ~ ~.-F~~,,- ~ ~ sea~ ~ an ~ STATE OF fLORIDA ~?D ' J PM Sean ~ ~ L couNn oF St. Lucie ? Lee Copas ~ :-0i i R~~S Before me pe~sonally appeared . a^d Lilliaa Copas Ct-~ his wife, to me well known snd known to me fo be ~ the individuals described in snd who executed the foregoing instrument, and acknowledged before me that they executed the same for the pvrpous ; ~ rherein expressed. And the said Lillian Copas ; ~ ~ i~` ~ w~(e of the said Lee Copas ;~,a.s~p'Lry~s.and pr'rvat~ ~ examination by me taken separate and apart from her ssid husband, scknowledged to and befwe me that ahe e~secuted. sali~`u~itc~ment ffee(y/arid vo{un- ! 4 iarily aod w~thout any compulsion, consirsint, apprehensior~pr fear of w from her wid busband. - Cr ~1 ~ /yl ' 70 WITNESS my hand and official sesl thi: - day of %1~ D'. i9 ~ /L~ ' ~ % . ~ - K Notary Public in ~nd for the Sta~r.oF~iioii~ +11ua4." _ ~ Kj My Cornmiuion e:pires: , - Retvrn To: , ~ .3 ~ • First Feders) Savirtgs d~ Loan Association ~ . y Of Fort P~erce. ~ - . ; Po~t Pierce, Florida ~ z- ~ ~ ~ ~ This Instrument Prepared By RiChard K. Kayes ~i First Federaf Savings b loan Association • of Fort Pierceir Rlorida ~ Checked By I~ U R ~ p ~ BOOK ~8~ PAGE ~ IO ~ ~ ~ 't ~ ct ~ ~ ~ _ ~ ~ - 3 - ~',~`~--w.-. . w.._ _ . ~ .~~v_~~ ~ : r.~ > y