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To place and continuously keep on the bu~~d~ngs noar a hereafter situate on sa7d land a~d on all equipment and personaily covered by this mwfg- ~1e, w=th atl premiwns thereon pa~d in futl, fire insurance in the usuai starr~srd potity fo~m, in a sum approved by the MOR~GAGEE, and windstorm insurance in Ihe usual sianda~d pot:cy to~m, in s sum approved by tha MORTGAGEE, in tuch company or comFan;es ai the h10RTGAGEE may direct; and ali fi~e and w~nds~orm insurance po:~cies on any of ta~d build~nps, ~ny interest chere+n or pan thereof, in the aggregate ~um aixesaid o~ In extess rhereof, shaU contain the usual sta~dard mortgagee ciause w such other dause as 1he Ma~gagee may requ~re, mal.ing the loss unde~ ~a~d poli~ cies, cach and every, payab~e to sa~d h\ORTGAGEE as its interest may appea~, and each and every auch pol~cy shall be promp~ly ass.gned and derivered to any held by uid MO4fGAGEE as furehe~ security to se;d mwtgage debt, and, no~ lass lhsn ten (10) days in advance ol ~he expiration of each policy, to da liver to wid MORTGAGEf a renewal thereof, toge~her witA a receipt fw tfie premium of :vch renewal; and the~e shall be no f~re or windstorm iniurante plsced on sny of u~d build~ngs, any interesl there~n w part ~hereoi, unless in tlx form and with the loss payable as afwesaid; and in Ihe event any sum of money becomes payable under sucfi policy or polKies said MORTGAGEE shall have the opt~on to receive and apply the same on accoun? of the indebted- ness secured hereby d to permit said MORTGAGOR$ ro reteive anc~ use it oe any part thereof for other pur~.,osrs, witfio~t th_~~b~ waiving or ~mpair- ing any equity, I~n w right under a by virtve oi this mo:tgege; ~nd in the •vent wid MORTGAGORS shall for any reaso~ fail to keep the sa~d premises so ~ insured, or fail lo deliver promptly any of said policies of insurance to said MORTGAGEE, or fail promptly to pay fully any pre~nium therefor or in any a respea (ail to ptrfam, discharge, execute, effe:t, comptete, comply with and abide by rhi~ covenaM, or any p~rt hrreof, said MORTGAGEE may piace and pay (o? such in3u~ance w any part thereof without waiving w affectir~ any option, lien, equity, w right under w by virtue of this Mwtgage, and the full amouro ef each and every svch paymenf shall 6e immediately due and payable and shall bear interest from the date the~eoF unril paid at the ~ate of nine per centum per annum and togrihes with such interest shall (x secured by the lien o( this rtwrtgage. J. To permit, commit o? suffer no waste, impairmrnl o~ deterioration of wid property w any part thereot. 5. To pay all and singula? the costs, charges and expenses, including a reasonable at~wney i{ee and costs oi abstracts of title, incurred o~ paid a~ any time by sa~d MORTGAGfE, because or in the evcnt of ~he failure on the part of the sa~d MORTGAGOR to dufy, pranprly and fully pe,(am, d~scharge. txecule, elfetl, complete, comply w~th and ab:de by each and every the sl~pulati«u, agreements, conditiona, and covenants of said promissory note and thii mortgage any or ei~her, and sa~d costs, charges and expenses, each and every, shall be ;mmediately due and payable; whe~her or not tf~ere be notice do- mand, attempt to collcct or suit pend~ng; and the ful! artaunt of each and every such payment shall bea~ intercst from Ihe date thereof until paid a1 the rate of nine per ce~~um per an~~um; and all said tosts, charges and ex~rnses incurred w paid, together w•~th such inte~est, shall be secured by the lian of thit mortyage. 6. That (a) in the event of a~y breach of this Mwtgage or default on tFr part of the MORiGkGOR, or (b) in the event eny of sa~d svms of money herein referred to be not pron~ptly and fully paid wi~hin thirty (30) days next aftcr the same severaily become due and payable, without demand or notite, or (c) in the event each and every the st+pulations, agreements, condirions and covenants of sa;d promisso~y note and rh~s morrgage any or eilher a~e nol ~uly, promptty and fully perfamed, d~scharged, executed, effected, compkted, compl~ed with and abided by, ~hen in e~~her o~ any such event the said ag gre~ate sum mentioned in iaid promisswy note then re~r+aining unpa~d, with interest acuued, and atl moneys sec~red hereby, shall become dua and pay- ~ ab(e (orthwith, or thereafter, at the opt~on of said MORTGAGfE, as fully and completely as if all of the said sums of mor,ey were w~ginaily s~~pulated to be paid on such day, anything in sa:d promissory nate or in this Mortgage to the contrary ~otwithstanding; and thereupon or thereafter at the option of ~ said MORTGAGEE, without notice or demand, suit at law or in equity, therefore a thereaiter begun, may be prosecvted as if aN rrwneyi secured hereby # had maturad prror fo ns institution. i ~ t 7. That in the event tAat at the beginning of w af any time pend~ng ~ny s~it upon this Mortgage, or to fweclou it, or to refo~rt~ it, or to enforce payment of any claims hereunde?, said MORTGAGEE shall apply to the Court havi~g jurisd~cticn thereof for the appointment of e Receiver, svch Court shall forrhwirh appoint a receiver o1 said mortgaged pronerty all and singula?, includ~~g all and singular the income, p~ofits, issues and revenues from whateve? source derivcd, each and eve?y of wh~ch, it be~ng expressly undcrstood, is hereby morlgaged a~ ii speuf~calty set ionh and desu~bed in the g~antiry and habendum clauses i+ereof, and such Receiver shall have all the broad and effec?ive funct,ons and po»ers in anywise entrusted by a Court to s Receiver, and tuch appantment shall be made by such Court as an admitted equity and a matter of absoiu~e r~ght to said MORTGAGEE, and without reierence to the adequacy or inadequacy of the value of the property mwtgaged or to the sotvency w~nw~vency of said MORtGAGOR w the defendants, and that such ?enfs, profits, income, issues and revenues shalt be applied by such Receiver according to the lie~ or equity of said MORiGAGEE and the practice of such Court. B_ To duly, promptty and fulty perform, d~scharge, execute, effect, complete, comply w~th and abide by eac6 and every the stiputations, sgreementt. condition~ and covenanrs ]n sa~d prom;sswy note and this rtw~tgage set forth. 9. That in the event the ownership of the mortgaged premises, w a~y part thereof, becomes vested in s person other than the MORTGAGOR, the MORTGAGEE, its successors and auigns, may, without notice to the MORTGAOR, deal with such succeuw or wccessor in interest with re(erence to this mortgage and the deot hereby setured in the same manner as with lAo»gsgor without in any way vitiating or distharging tho Mprtgagors' lisbility hert under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on tFro part of the MORTGAGEE or its successors or assigns and no extension of the time for the payment of fhe debt. hereby secured given by the hRORTGAGEE or its tvccessors a assigns, shall ope~ats fo release, d~scha~ge, mod~fy ~hange or affect the original liability of the IW~RTGAGOR herei~, either in whole w in part. 10. It is speuf~cally agreed that time is of the esunce of this contract and that no waiver of any obt:gat~on hereunder or of the obligafan sr cured hereby shall at any time ~hereafter be held to be a waiver of the terms hereof w of the instrument secured herby. 11. In add.tio~ to the forego ng ~nonthly payments of princ'pal and interesf reqvired by the p+om~ssory no!e secured hereby, mortgagor tovenanfs and agrees to pay to mcrtgagee with each monthly payment ~n addi~ional sum estimated by mortgagee ro be equal to 1 j' 12 of t6e annual cost of the follow- ing: A-AI~ real property taxzs lev~ed or assessed against the above described real estate_ F} B--Prem~u~m on fire and windstorm ensurar.ce as iie?ein requ'ued to be carried on the imFroveme~ts situate on the above described premises. f C-Preeniums o~ s~ch mortgage guaranty insurar,ce as mortgagee shall from t~me to time daem fit to carry on the ban secured hereby. Mwtgagee shai! frcm time to time notify mortgagor in writing of the amount due and payable hereundx and svch sum shall lhereupon be due snd ` payabte on the due date of ihe neat monthly payment and each successive monrh tiu~ea#rr~ ur.til mongagee sball nofify mortgagw of a change in such amount_ $uch :~ms sFail be app!ied by mortgagee toward lhe payment of real prepeny taxes, insurence prem;vms, a:id mwtgage guaranty insurance premiums. _ tfY NITNESS WNER~OF, rhe said MORTGAGOR has hereunto set hes hand and seal the day and year 4irst aforesaid. Sgn , Sealed and delive ed in the ~esence ot: ~~(.,Ep „ND RECORDcti • ' vi. LUCIr COt!"~TY. F± _ , Q /h~ t5eaq - • ' ' . ~~~4 , _ ~ 9 A~i 9 : ~6 "~n ~ i: . . ~ STATE OF FIORIDA couNnr oF ST • ~ IE ~ ~ ~ T ~ Befae me perscnaUy appeared • e i and ~ Mattle ~@ INBt~ 1Q v his wife, to me well known and known to me to be Ihe ind~viduals described in and who executed the foregany instrument, and acknowledged befwe me that they executed the same for the purposes Mattie Mae Maddrie ! therei~ exp~essed. And the said 3 wife of the said Rozelle T'JdC~dZ1E upon a separate and privats examinaYwn by me taken separate and apart from her uid husband, acknowledged to snd betwe me that she executed said instrument freely snd vol~n- tarily and w~thout any compulsian, constraint, apprehension, fear of w from he? ssid husband. WITNESS my hand and official seal thi day of_ ~ A. D. 19.1.~ =~-r~rc t - t _ i' 1---i ^~/1 ~ "7 J: ' ~ ' Notary Public in snd fw the State of Florida et Large Return To: . MY iIOTARf ~l~fe~~TE OF Fi0R10A AT IJIRCE Fint Federal Savings b toan Assoc~at~on Mll CAMMISSION EXPIRES SEPT. 23, 1973 ~~Yl~~ iHRl1 fRED ML DIFSIELNORS6 Of Fort Pierce. 4Y'~.~:~ ~~i,, s' • - . Fo?t Pierce, Florida ~R`/ 3 ~ . ~ I~ ~ `1 ~M~N~~~ t/J I~ . '1~~•~ ~ . f•~'~i 4 ~ , _ This Instrument Prepared By John .~V. Collins •,~c~.- : F-~ ; ~ .r ' % F"~+ s a : - ; First Federal Savings 8 loan Association . ; ' of Fort Pierce~ Florida ~ ~,~~:N~~..•; ,:,t~j ,r Checked By F~_ I __y~`.'~~~ ~-:.g , . -=:,~ii~i~~se?yi~~i~~.•'~.°:' ~ox~84 ~~g~6 ~