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To plac~ snd coe+tinvousiy ktsp on ths bvi~dinyt now or MreaftN sifwt~ on said land and on all equ~pment and penonally cover~d by 1h1~ mortg ~p~ with ~II premium~ therea? pa~d in full. tire insuranc~ in tM usu~l irandard pol~cy torm, in ~ tum ~pproved by thc MORTvAGEE, and windstam inwra~c~ in the usual standard policy form, in • sum approved by ~F~e NIORTGAGEf, in wch company w companies as tM MORTGAGEE may dutcl; ar~d a11 fire and wlndstorm Ir?~urance polKies on any of taid b~r~id~nps, ~ny interesl therein a part thereof, ie~ IM ~gy~e9ate ~um afo~tiaid d in excey thereof, sh~ll con~ain the vswl sta~uJud mortgaqa~ clause a such ofF?s~ clauss ~s ths Nb.~gag~e may requ:re, ma?inp rha !ou ur?da taed poll- ci~s, ~~th snd evsry, payabte to said MORTGAGEE at ib intaeat may appe+r, and each a~every.4vch pofity shall be promptly su ~ned ~::t delive~ed ~o a~y held by s~ld MORTGAGEE as further iec~rity to said mortya9e debt, and, not less than ten (10) ~days in advance of ~he sxpiration of ~ach polccy, to dr liwr to uid MORTGAGEE s renewal thereof, leqefher with a reteipt iw the premium of :uch reruwal; and there shall bs no f~re w windstorm inturance plsced on any of sa;d buildings, any intcrest therein or psrt thereof, ~nleu in ~M form and wi~h tM lou payable as sforrsaid; and in the event any tum of monay becomes payable vnder such pol'rcy or policies said MORTGAGEE shall haw ths op~~en to receive and appty the same on accou~t of the ir~dsbted neu tecvred herepy pr tp permif said MORTGAGpRS to ?Keive and uss lt q any psrt thereot fw other purposes, w~lho~t thr~eo~ waivi~ig or ~mpair- inp any equity, lien or right under or by virtvs of this morlyaQe; u+d in tha event said MORTGAGORS sfwll for any reason fail to keep the said premises ~o irtwred, o? fail b deliver promptly eny of said policies of insurance to said MOltiGAGfE, or fai! promptly to pay fully any premium the~efor w in any respKt fail to pxiorrty dixharge, axetute, effed, complets, tomply with a~d abide by this covenant, w ~ny part he~eof, said MORTGAGEE may pl~ce ind pay fa suth inwrant~ or any part thereof without waiving w affactiny ~oy option, lien, eq~ity, o~ right unde~ o~ by virfue of this Matgape, and 1ht (uli amount of each and every :ucF? payment shal! be ;mmediately dw and payable and shall bear interes~ from the data thereof until paid a1 ths rate ot nine pet tentum per annum ar.d to~Nher with such i~terest ihatl be secured by the lien of this mortgage. 1. To permit, commit or suffer no wastt, impairment o? deterioration of iaid p?op~rty ot ~ny part thereof. 5. io pay all ~nd singular the costs, th+rges ~nd expenses, i~?cluding a reasonsble attwney i(ee and costs of abstrads of tiUe, incurred a paid ~t any fime by aid MORTGAGEE, because p in ths event of tF?e faiture on the part of the said MORTGAGOR ~o duly, prompNy and fully perfwm, d~scharge. execute, sifett, complete, cort:ply with and ab~de by each and every the ~tipulations, sgreements, conditions, and covenants of said promissoay nole and this mortgage any w either, and taid costs, charges and ezpenses, each and erery, shall be ;mmedistely due and payabte; whetAer or not there be not;ce de~ mand, ~ttempt to collecf or suit pending; and the fvll amo~M of each and evcry such paymeot ahall bear interes~ from the date thereof until p~id at the rate of nine per centum per snnum; and all said costs, charges and expenses incurred w paid, together w~tA such intereat, ahall be secured by tF?e lien of thw mortgaye. b. TF?al (e) in the event of any breach of this Nbrtgag~ o? defavlt on the part of the MORTGAGOR, ar (b) in the event any of said sirms of money herein referred to be not promptly ar+d fully paid within thirty (30) dsys next after tf~e same severally become due and payable, withovt demand w no?ite, or (c) in the event each end evsry tlx ~tipulatians, agreernents, conditions and covenants of sa:d promiuory note and th~s mortgage any w either ~re nol iuly, promptly and fully performed, d~scharged, executed, effected, completed, complied with snd abided Sy, then in eithe~ w any such ewnt tF» said p~ gregate sum mentioned in said promissory note then remsinir.y unpaid, with inie~est acuved, and all moneys setured hereby, thall becort~e dw and p~y- able fwthwith, or thereafter, at Ihe option of said MORTGAGEE, ~s fully and complete:y as if all of the said sums of money we~e originally stipulated to be paid on such day, anythir+g in said promiuory note w in this Mortgage to the contrsry notwithstsnding; and thereupon or the~eafter a! the opfion of said MORTGAGEE, w;thout notice or demand, suit at law w in eq~ity, therefore or tF~eafter begun, may be prosecuted aa if all mo~eys secured hereby had rtwtured pnor to ~ts inatitution. ~ 7. That in the event that at the beginning of ot at any time pending ~ny svit vpon this Mortgsge, d to forKlose if, ar ro refwm i1, or to enfau payment of any claims hereunder, said MORTGAGFE sirrl! spply to the Court having jurisdiction thereof ior fhe appoi~tmeM of a Receiver, suth Go~r~ shall forthwith sppoint a receiver of said mortgaged pro~rty all and iugular, includ~ng alt and singular the income, profits, iuues and reven~es from whstava source derivtd, each and every of w6ich, it being expressty undentood, is hereby mwtgaged as if specifically set forth and described in the g~anting and habendum clauses hereof, and such Receiver shall have all the brwd and effective funcrions and powers in anywise e~trusted by a Court to a Rcoeiver, and such appointment sha~l be madc by such Court as an admitted eqvity and a matter of absoiute right to said MORTGAGEE, and without reference to ths sdequacy « inadequacy of the wlve of fhe property mortgaqed w to the solve~cy or insolvency of ssid MORTGAGOR or the defendann, and that such rents, profits, income, iuues and revenues ahail be applied by iuch Receiver according to the lirn or eq~ity of said MORTGAGEE and the pradice of wch CouA. 8. To duly, promptly and fully perform, dixhsrge, exe~cute, effect, complete, comply with and abide by eacfi and every the stipulatio~s, ~greemenri, caxlitans and covenants in said promiuory note and this mortgage xt fath. 9. Tfiat in tl~e eve~t the ownership of the mortgayed premises, -w any part thereof, becomes vested in a penon other than the MORTGAGOR, the MORTGAGEE, its successors and auigns, may, without notice to the MORIGAOR, deal wi~b such wcceuw ot successor in interest with reference to lhis mortgage and the debt hereby setured in the same man~er as with Nbrtgagw without in any way vitiating or dixlwrging tlx Mortgagors' li~bility fierr ur~der w upon the debt hereby secured. No sale of the premises hereby mortgsged snd no forbearante on the pan of the MORTGAGEE a its svccessors oa assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGE~ or its s~ccessors w au~gns, shall operate ro release, d~scharge, modify change w affect the wginal liab~lity of the MORTGAGOR herein, either in whofe or in part. 10. It is specifically agreed thst time ia of tl+e esse~ce of this cont~ ~d and tF~at no waiver of any obligat~on hereunder or of fhe oWigation tr cvred he~eby shall at any time thereafte? be held to be a waiver of the ftrms hereof or of the instrumem secured lierby. 11. In add~tio~ to the fwego:ng monthly paymems of princ:pal and interest requiret! by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an add~rional sum est~mated by mortgagee to be equal to 1/12 of the annual cost of the fotlow- 'rg: A-Al! rea! property taxes levied or assessed against the above dexribed real estate. B-Premiums on iire and windstorm insurance as herein requ~~ed to be tarried on the improvements sitvate on the above desvibed premises. C-Premiums on such mwtgage guaran'ty insvrance as mottgsgee shal! from time to time deem fit to carry on the (oan secured hereby. , Mortgagee shall from Nme to time notify mwrgegor in writing of the amovnt due and payable heaeur~der and such sum shalt fhereupon be due and payable on the due date of the next monthly payment and each succ~ssive month thereafter ur.til mortgagee ahall notify mor~gagor of a change in such amou~t. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance premiums, and mortgage guaranty insutence ~ premiums. • a ; IN WI7NESS EREOF, t said MORTGAGOR has hereunto set his hand and seal the day and year fi~st afwesaid_ Signed. Sta a 1' red ' nte of: L'~1 " p~`-L~G~-~esq 1 ~ f ~ /Jitfi ! ~ - ---~i ~e n ~ STATE OF FLORIDA ;,T ~.I.~;.~}~•~~~i courmr oF ST . UJC IB ~ • ~ ' '~.j . - Wallace D. Hal2 - ! Befae me personally appeared , ~~~s . '~I Erma M• Hdll his wife, to me well knoviio~"`?1nd,k~vn fp me fo b~c c~ i ' the individuat~ described in and who executed the fwegoirg insfrument, and etknawledged before me that they executed tbe,rtarqa,~or thQ'~rpryie;~,' rberein expressea. nnd the saia Erma M. Hall ~ : ~ Hall • ~`"r° wife of ths said Wallace D. ~~'a~~~~~~~ : examination by me taken separate and apart from her said husband, atknowledged ro and befwe me that she execvted said instrurtMri(~~y :~q~¢. tarily and without any computsion, constrai~t, apprehensi~r~r fear of or from her said Iwsband, T' , WfTNESS my hand and official seal thi~ lL~ day of A. D. 192Q._ Notary ic in and fw the State of florida at lup~ My Commission expires: Relurn Ta • • ~ Fint Federsl Sarings 3 Loan Association Of Fort Pierce. ~~U+t,i~Y Pu~~IC, STATE OF fLOR10A ~T LAQQE rr~r cur.~,fu~s~oh Ex~~ic~s~NUV. 29~ 1872 Fort Pierce, FIO(~dA .U1vUL0 l1~ROUGH iNfD ~ . F~~EO ,aN~ : ST. LUCIE COUNTY. ~LA:' This Instrument Prepared By J. D. Chastain ' • RCC0~0 VERIFIED First Federai Savings 8 loan Associatian 19215 i • of Fort Piercei Florida '70 APR ~ S ~ 9 ~ y~ ~ Checked By ~ , . . .~rC ~ ~ i~O~ER t?Rt.S 8p~i~S~ Pp~ CLERK Ctft IT COURT; t ~ . , n r~ . _ _ r - _ ~