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To plact and continuously keep on the bui!dings now or hercafter iituats on sa~d lar.d and on all equ~pment snd pereona~ly covered by thit mwtg- +gs, w+th al) p~emiums thercon pa~d in full; fire insurance in rhe usual 'standard poficy foim, in a sum app~oved by Ihe MORiGAGEE, and windstorm insurance in the usual standard po~~cy form, in s sum approved by the AM1ORTGAGEE, in such company or companies as the MORTGAGEE may diresh snd all fi~e and w~ndstorm insurante polic~es on any of said buitd~ngs, any intsres~ therein or parf the~eoF, in the aggregere sum aforesaid a in ezcess thereof, shall co~~ain the usual standard mortgagee clause or such other clause as the Ma~gagee may requ~re, making tha loss under sa~d polt cies, ea<h and every, payab!a ~o aaid MORTGAGEE aa ~~s interest may appear, and each and eve~y auch pol~cy shall be promptly ass.gned and de~ivered to +oy held by sa(d MORiGAGEE as fu.iher security to said mortgage debt, and, not less ~han ten (101 days in advance oi the expirat~on of each policy, to da liver to said MORTGAGEE a re~ewal Iherrof, loyether with a rece~pt for the premium of such renewal; and there shall be oo fire or windsrorm insurance plated on any of sa~d bvi!d~ng~, any interest there~n or part thereof, vntesi i~ ihe form and wifh the loss payable as aforesaid; and in tiu even! any sum of money becomrs payable undrr such policy w policias uid MORTGAGEE ahall have ~he opt~on to re!e~ve and apply the same o~ account of the indebted- ness secured hereby or to permit said M~RTGAGORS fo receive and use it p any part ~hereof for otner purF~oses, w~thout th~.ror ~vai~in3 or unpair- ing a~y equ~ty, (ien w right under or by virtue of thi~ mor!gage; and in !he event sa~d MORiGAGORS shall for any reason fail to keep the said prem~ses so insvred, or fail ta delive~ promptly any of said pol~cies of insurante to said MORTGAGEE, or f~i! promptly to pay fuity any p~e~nium lherefor or in a~y respect fail to perfwm, discha~ge, execute, effect, complete, comply with a~d abide by this cove~anr, or any parr hereof, se~d MORTGAC,EE may place and pay for such insurance or ~ny part thereof without waivir+g or affecting any opt~on, lien, eq~~ty, or right ~nder or by vir~ue of tnls Mortgage, and ~he full amount of each and every such payment shall be immediately due and payable and shall bear interest irom the date thereof until paid at the rate ot nine per centum ptr an~um and to~erher with such inte~est shall be secured by the lien o( this mortgage. 1. To permit, tommit or suffer rto waste, impairment w deterioration of sa~d property or any part ?hereof. S. To pay all and singular the costs, tharges and expe~ses, ~nctudirr~ a reasonable atiorney's fee and costs of abstracts of title, incurred or paid af any time by said MORTGAGfE, because or in the event of the failure on the part of the said MORiGAGOR to duly, pro~nptly and futly perform, d~scharge, rxecure, effect, complete, comply w~th and ab~da by each and every the stipulanons, agreements, condit~or1s, and covenants of said promissory note and this mortgage any or e~ther, and sa~d costs, charges and expenses, each and every, shall be immed~ately due and payable; whether or not there be notict de mand, attempt to tollett or suit pend~~g; a~d the full amount of eath and every suth paymenf shall beas inte~esl irom Ihe date thereof until paid at fhe rate of nine per centum per annum; and all said costs, charqey and expznses inc~rred or paid, together w~th such interest, shall be secured by the lien of thi~ mortgage, S. That (a) in the event of any breach of this Mortgage or defautt on the part of the MORTGAGpR, or (b) in rhe evenf any oi sald svms of money 2 herein reFerred to be not p~omptly and fully paid within thirty (30) days next afrer the same severa;ly become due and payable, withovt de~nand or notice, ~ or {c) in the event each aod every tFe sfipulations, agreemeNS, conditio~s and tovenants of sa;d promissory note and th~s mortgage any pr ~ither are not ~ ivly, promptly and fvlty performed, d~scharged, executed, effected, tompleied, compl~ed w~ih and ab~dzd Sy, then in e~ther or any such event Ihe said ag ~ gregate sum mentioned in ;aid promissory note then remaining unpaid, v~ith interest accrued, and atl moneys secured hereby, shall become due and pay- able forthwith, or thereafter, at the option of said MORTGAGEE, as fully and comp!etely as ii all of the said sums of money were originally stipulated to be pa~d on suth day, anything in sa;d promisswy note w in this Mortgage to the contrary notw~ths~anding; and thcreupon or thereafter at the option of said MORTGAGEE, without notice or demand, suit at law or in equity, there~ore w thereafter begun, may be prosetuted as if alt moneys setured hereby had maWred pnor fo ifs i~stifution_ 7. That in the event :hat at the beginning of or at any time pending any s~it upon tl~is Mortgage, or to foretlose it, or lo reform it, or to enforce payrt~er.t of any claims he~eunder, sa~d MORTGAGEE shall apply to the Court having jurisd~aion thereof for the appolntment of a Receiver, such Coun shal{ Forthwith appomt a receiwer of said mortgaged prooe~ty all and singula?, includ~ng aIt and singutar the income, p~of~ts, issues and revenues irom whatever source derived, each and every of wh~ch, it being expressly understood, is hereby mor~gaged as if speuf~talty set forth and described in the gran?ing a~d habendum clauses hereof, and such Receiver shaf( have afi the broad and effecr;ve funct~ons and powers in anywise enuusted by a Co~r1 to a Receivei, and such appoint:nent shall be made by such Court as an admitted equity and a mafter of absolute r~ght to said MORTGAGEE, and without ~e(erence to the edequacy o~ inadequacy o( the value of the property mortgaged or to the so~vency or insolvency of said MORTGAGOR or the defendants, and that such rents, profits, income, issues and ~evenues shall be applied by suth Receiver accord~iig to the lien or equity of said MORTGAGEE and the practice of such Court. 6. To duly, promptly and fully perfo~m, discharge; ezecute, effect, complete, comply with and abide by each and every the stipulatio~s, agreements, conditions and covenanrs in sa~d promissory note and th;s moatgage set forth. 9_ That in the event t)ie ownership of the mortgaged premises, w any pa~t thereof, becomes vested in a pe•son other than the MORTGAGOR, the MORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal with such successor w successor in interest with reference 1o this rnortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vit;ating or d~scharg~ng the Mo~rgagois' liability F?ere- under or upon the de6t hrreby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the MORiGAGEE or its successors or assigns and no extension of the time for the payment of the debt hereby secur~ given by the MORTGAGEf or its successws w assigns, stiatl operate 7o release, d;schaige, modify change o? affect the wiginal liability of the MORTGAGOR herein, either in whole or in part. 10. It is spec~ficalty agreed ~hat time is of tt+e essence of this contract and that no waiver of any obligation hereunder w of the oblgation se- tured hereby shall at any time the~eafter be held to be a waiver of the terms hereof w of the instrument secured herby. 11. In add~rioa to ihe forego:ng monthly payments of princ"pal and inrerest requ~red by the promiswry no!e secured hereby, mprfgagor covenants and agrees to pay to mo:tgagee vvith each monthly payrnent an add~rional sum estin,ated by moctgagee to be equal to 1,: 12 of the annual cost of ihe follow- ing: A-All real property taxes levied or assessed agai~st the above described rea! estete. B-Prem~u~ns on lire and windstorm insurar.ce as herein requ:red to be carried on the improveme~ts situafe on the above described premises. C-Premiums on svch mortg;ge guaranty ir.surance as mortgagee shall from t~me to ti~ne deem fit to carry on the loan secu:ed hereby. Mortgagee sha?I from ti~ne to time notify mortgagor in writing of the amount due and payable hereundrr and such sum shalt thereupon be due and Fayable on the due date of tF~e next month:y payment and each successive month thereaitcr urtit mortgagee shalt notify morrgagor of a change in such amount_ Such sums sFai! be applied by mwtgagee toward the payment of real property taxes, insurance prem;ums, a~xl mo~tgage guaranty insurance premiums. ' IN YJITNESS V~HEREOf, the said MORTGAGOQ has hereunto set his hartd and seal the day and year first afqesaid. +g , Sealed and d iver m~he presence of: • r ' F i ' Sea4 ; Seal) (Seaq € (Seal) ~ i STATE OF FLORIDA ~ COUNTY OF -~t• USCl@ ~ -_Wiili~~ J.. ~3atie - - . _ and _ _ pEKJ9y/ 1.. Blake his wife, to me well known and known to me fo bo ' the individ~als desuibed in and _who executed the foregoing instrument, and acknowiedged before me that they executed the same for the purposes ' therein expressed. And the said_ pe99~ L• BZ~CQ wife of the said t~~11~~1 J• Bls'i1C8 ' upon a separate and privete e~am;nat;on by me taken separate and apart from her said husband, stknowledged to and before me that she executed said inttrument (reely and volur?~ tarily and witFwut any ca-npulsan, constraint, appreF?ension, or fear of w from her said husband. WITNESS my hand and official seal this day of ~ A. U. 19 7~ Notary P K in and for the t ta of F{orida af large i My C iision expires: ~~ly~ G / lr 7/ Return To: • i first Fedew) Savings R Loan Association ~ Ajpfa`ry PU~K, ~t ~ Of fort P:erce. , 1iA~ Comr,~iss+on Expira A+r9 b`1q~D-~ fort Pierce, flwida ~ J•' , V~~~~ , ~lA.. - ! ~ - . ~ 1~ti2 R~F~r ; . : : ~ - ; 883 This Instrument Prepared By John t9. Co1~s ~ - ' First ~ederal Savings 8~ Loan Association : ~ ~ . t~ ; Q2 / ~ ' of Fort Pierce ~ Florida ' i: ~70 ~i~Y ~ PM _ , / 4 Checked By L~___-.- , . * • , ' ~~C" 1 ~w ~ ;.~~~p ~01 i RHS ~ 600K~~~ PACE~VV~ CLERY. C?RC~~T ~OURT~ ~ ~ - - ; ~