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To place and continuously keep on the buildi~gs now o~ hereafter ~ituats on said Iand and on +11 equipment snd personslly covered by thit matQ- ~ge, with all prsmivm• thereon pa~d in iull, fire insurance in the usual ttandard policy fo?m, in a sum approved by the A10RiGAGEE, and windstorm intursnce in tM usual ~tsnda.d pol~cy (orm, in a sum spproved by 1he MORTGAGEE, in such campany or companies as the MORTGAGEE ~nay di~ect; and all fire and w~nd3torm insurance policies on any ot ~sid build~ngs, any interest tFxrein or part the~eof, in the aggregsre ium •faesaid a in excess rhereof, shall contain ~he usual standsrd mortgages clause w such other clsuse as tM Matgsgee may rcqu~ra, maAing the loss uncle~ ia~d poli~ cie~, ~ach and every, payable to sa~d MORTGAGfE as ih in~erest may appaar, ~nd each and every such policy shall be p~anpi~y a~s.gned and delivered ~o •~y I,Qid by sa~d MORiGAGEE as fur~he? security to said mor~gage debt, and, not lesa ~han ten (10) dsys in advance of the expirat~o~ of each policy, to de- livsr to iaid MORTGAGEE a renewal lhereof, toge~her with a receipt fot the premium of such renewal; and there ~hall be no f~re or windstorm insurance pl~ced on ~ny of said buildings, any interest thcrein or part thereof, unleu in ~he form and wifh the loss payahle as aforesaid; and in the event a~y •um of money becomes payabte under such policy w poliusi iaid MORTGAGEE shall have ~i+e opf~o~ to recave and apply the ume on account o1 the indebted- ness secv~ed he~eby er to petmit ssid MORTGAGORS to receive ~nd use il or any part thereof for otner purposes, .v~tho~t th_nb,r w.:ivin~ or m~pair- inp any equity, liin w right unde~ or by virtue of this mo:!gage; and i~ the event wid MORTGAGORS shsll iw ~ny reason fail to keep the said premises w insured, w fail fo deliver promptly a~y of said po~Kies of insu~snca to sa~d MORTGAGEE, or fail promptly to pay fulty any prem~~m therefw or in a~y respect fail to perfum, discharge, execute, effect, complete, comply with and abide by this covenant, a any part hrrcof, said MORTGAGEE may place and pay for such inwrante or any pa?t thereof wi?hout waiving w aitecling any option, lien, equ+ty, w right under a by virt~e of this Matgage, and tF~t full amount of each ~nd every such payment sha11 be imme~ateiy due arKf payabte and tfiatt bear interest from ths dete thereoF vm8 paid-a~ ~he +at~ o! nine per ce~tum per annum and ~ogether with such interest shall be secured by the lien of this mottgsge. To permit, commit o? suffer no waste, impairment or deterioration of said property or any paA ~hereof• 5. To pay all and singutar the costs, charges and expenses, including a reasonable attorney i fee and costs of abstracta of title, incurred or paid at any time by satd MORTGAGfE, because w in the event of the failure on the part of the said MORTGAGOR to duty, p~omptly and fully perfwm, d~stharge, rxecute, effed, comple~e, compfy w~th and ab:de by each and eve?y the stipularions, ag~eements, conditions, and covenants of sa~d promissory note and thii ~r.~ nr Pirl:r•s a:.~ sa::3 c~!a. c!~zsr_s ar.d ex~r.YS. racA and evfry, sFull t~e immediatety due and pavable: whetFKr or not fhere tx no~ice da mand, attempt to collect or suit pending; and the full amount of each and every such payment shall bcar interest from the date thereat until paid a1 the rate of nine per centum per an~~urn; and all w~d costa, charges and expenus incurred w pa+d, together w~th such inierest, shall be secured by the lien oi th~i mwt~s9e. Q Thst (a) in the event of any breach of this Mwtgage w default on the part of the MORTGAGOR, or (b) in the event any oi said s~ms of money herein referred to be not promptly and fufly paid wi~hin thirty (30) days ~ext after the same severally become due and payabte, wi~hout demand or notice, or (c) in the event each and eve~y the stipulations, agreemems, condifions and corenants of sa:d prom~ssory note and this mortgage any w either are no1 ~uly, promptly a~d fully performed, d~xharged, execured, eifected, completed, complied with and ab~ded by, then in e~ther or any such event the ia~d ag gregate sum menraned in said promissory note then remaining unpa~d, with interest accrued, and all moneys secured hereby, shall becon,e due and pay- able forthwbth, er thereafter, at the option of said MORTGAGEE, as tully and completely as ii all of the said sums of money were or~g~na~ly st~pulated to be paid on such day, anything in said promissory note ot in this Mortgage to the contrary notwithstanding; and thereupon or lhereafter at the op~~on of said MORTGAGEf, without notice w demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted ss if a:l moneys secured hereby had matured pnor to its institution. 7. That in the event that at the beginning of or at any time pending sny s~if upon this Mwtgsge, or to taeclose it, w to re(wm i~, o? to enforce psyment of any claims hereurtder, said MORTGAGEE sMll appty to the Court hsving jurisdiction thareoi fw the appo~ntment oF a Receiver, such Court shall forthwith appoint a receiver of said mortgaged property ail and singular, includ~ng all and singular the income, profits, iuues and revenues from whateve~ source derived, each and every of which, it bein9 expressly understood, is he~eby mortgaged as ii specifically set fwth and deuribed in the granting and habendum clauses l~ereof, a~d such Receiver sha~l have all the broad and effective funct•ons and powers in anywise entruated by a Covr1 to a Receiver, and such appointment shal~ be mnde by such Court as an admitted eqvity and a matter of absolute ~ight to said MORiGAGEE, and without referente to the adequacy w inadeqvacy of the value of the property mortgaged or to the wlvency or insolvency of said MORTGAGOR or the deiendants, and that such rents, profits, incane, issues and revenues shall be applied by s~ch Receiver according ~o the lien w equity of sa~d MORTGAGEE and the practice of such tourt. 8. To duly, promptly ancl fully perfam, diuharge, execute, effect, mmpTete, comply with and abide by each and every the stipulations, agreements, condiYans and covenants in said promissory note and this mortgage set fqth_ 9. Thaf in the event, ihe ownership of the mortgaged premix3, or any psrf thereof, becomcs vested in s person other 1Mn the MORTGAGOR, the MORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deat with such succeuw or successor in interest with reference to this mo~tgage and the debt hereby secured in the same manntY as with Mortgagor without in any way vitiating or diuharging the AAoregagori liability herr under or upon the debt hereby secured_ No sale oE the premises hereby mortgaged and no forbearance on the part of the MORiGAGEE or its successors or assigns and no extension of the time iw the payment of the debt hereby secured given by the MORTGAGEf or it: successws ot auigns, ahall aperate to release, discharge, modify change w affect the original liab;lity of the MORTGAGOR herein, either in whole w in part. 10. It is specifically agreed that tane: is oE tfie:esxnce of this contract and that no waiver of any abtigat~on hereunder or of the obligaf'an sr cvred hereby shall at ar.y time thereafter be held to be a waiver of the terms hereof or of the instrume~t secured herby. _ J 11. In add~tion to the forego'ng monthly payments of princ pal and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an addiriooal sum estima~ed by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real property taxes levied or assessed agai~st the above described real estate. B-Pren,iums on fire and windstorm i~surance as here~n requ~red to be carried on the improvements s~tuate on the above described premises. i C-Premiums on such mortgage guaranty insurance as mortgagee shall from t~me to time deem fit to tarry on the loan secured hereby. Mortgagee sfiatl from time to t~me notify mortgagor in writing of the amount due and payable hereunder and such sum shalt thereupon be dve and ~ payable on the due date of the next monthly payment and each s~ccessive month thereaiter ur.til mortqagee shall notify mortgagor of a change in such ~ amount. Such sums shaii be applied by matgagee toward the payment of real property faxes, insurence prem:ums, and mortgag~~ guaranty i~surarxe E premiums. • IN WITNE55 VvHERcOF, the said MORiGAGOR has hereunto ut his hand and seal the day and year first atoresaid. i ~ Sign~ed, Sealed an detivered in the presence of: ~ ~@I' a4 ~ _ I~111an A. Dam~e ,~,n Hark ,~,q i i ~ ~s~~ STATE OF FLORIDA ~ Lwcie ~ cauNn oF St. ~ ~ Befwe me personally appeared ~11~.8n f 8 ji~.dOf C ~C~C to me well known and known to me to bs ,~a~ rhe i~dividwl j described in snd who executed the foregoing ins~rumeM, end ackrawledged before me that shey executed the same for the purposes $ rherein expressed. ~ ~ J~Q~BO[ ~ ~ WITNE55 my hand and officisl xal thi~~_ day of A. D. 19~ ~ c~ ~ Notsry Public ' ~nd for t State o~ Florida at Lupe , lll~y Commisi expires: ~•y . Fi / 9'7 / Retum To: ~ ~ ~ first Fedenl Savi • 6 Loan Association 1;2.Sy ~~~K. Sl~te 0~ p~~ ~ "9 .~a~u~~~a~. . r ~.,-.;ss:r,,, ~~~ru Aua. 6 1971 *i Of For~ P~erce. , G, n'~ tnf Mrd~d y Awdr~ Ha l~ ~+w~r f~+ 1 fort Pierce, Flwida V~ . ~~L•, ~i~ - ~ w~ , J: y~~=. . ~ , 4 ' ~ . ~ ~ ~ ` AND RECOROED~ ~ _ :Q- . .,d'_ . FILEOCiE ~OUNTY. FLA. _ - 4'. - , gT. l.U =R1F'. D ~ : „.1;~,^:~~ ~2E.CC'~'-~. ~ Y.• - ' This Instrument Prepared By Joh1i W. CO11iT1s ~E? ~8~~10 ~ ' ~;..,.Op~`' First Federal Savings 8 Loan Association ~J;~~so_ O of Fort Pierce ~ FlOZ'1d8 `.`~Q `~v~ n }r 6 PM 3: 2 ~.1 ~~4~~~~~~~~~ O~ ' V FL6 ~ Checked By ~ ~i,,'O~ y.~~, ; ~ ti1qY.. ~ c:~l'.~_i ~'17:j~i{$ Z CLERK CtRC'JfT ~ ~i BOOK 1~2 P1,CE ~ p ~ ~RT ~ i . t , - - - ' ~ ~ ~ ' ~ ! ~ ~ a Y ~ ~ ~ ~._~s _ x . - ~ ~