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To place and continuously keep on the bui:d~ngi now w Fxreafter ~itu~te on said lan~ and on all equipmenl and personaliy covered by this mortg- e~s, with all prem~ums thereon pa~d in tull, fire insurancr in ~hz usual itandard policy form, in a aum approved by the MORTGAGEE, and windstorm ;nsur~nce in the usual standard po!~cy form, in • sum approved by the MORTGAGEE, in tuch con+pany or companies as the MORTGAGEE may d~rec~; ~nd all tiro and wlodstorm insurance poliues on any of sa~d lwildings, any interee~ therein or parl thereof, in the a99rega~e sum ~ioresaid or in axcess thereof, shall contain ~he usval sta~idard mafgages t~~use o. such o~her clause ai 1he Mortgagee may requ~rs, making the loss under sa~d poli- cies, each and every, paya4~e to said MORTGAGEE as its ~nterei~ may appea~, a~d each and every :uch po~~cy shall be p~omptly ass gned a~d de~ivered ~o any held by sa~d MORiGAGEE as funher security to said mo~tgage deb~, and, not less than ?en (10) days in adrance of the expirat~on of each policy, to da I~ver to taid MORTGAGEE a renewal ~hereof, toge~her wiih a rsce~pt fw the premium oi such renewal; and ~hera shall be ~o f~re or wind~~orm insurance ~ placed on any of ~a~d build~ngs, any interes~ thrre~n w part thereof, unless in tFK form and with ~he loss payable as aforesaid; and in ~he eYent any sum ~ of money beco~++es payable unde~ such policy or policies sa~d MORiGAGEE shall have tha ept~on to receive and apply the same on account of the i~debted- ness secured hereby w to perm~t said MORTGAGORS to receive and use it w any parl thereof for other purposes, v.:~ho~t th~•~ui .va~~i~i3 or unpair- ~ng any equ~ry, iirn w r~gh~ unde~ a by virtue ot this mo:!gage; and in the event w~d MORTGAGORS shall fa any reason fail to keep the said prem~ses sa I insured, a fail to deliver promptly any of said policies of insurance to said MORTGAGEE, w fai! promptly to pay fuily any pre~n~~m therefw or in any ~ respect fait to perform, d~scharge, execute, effect, complete, comply with and abide by this cove~ant, a any part hrreof, said MORTGAGEE may place and pay fot suth insurance w any part thereof without waiving a affectiny any option, lien, equity, w right under o~ by virtue oi this Mor~gage, and the fut! amoum of each and every such payment shatl be immediately due and payable and shall brar ~nterest from the date ~hereof uoiil pa~d at the rate of nine per centum per annum and to3ether with such interest shati be sacured by the lien of this ma~gage. ~ To permit, commit or suffer no waste, impairment or dNerioration of said property o? any part thereof. ~ 5. To pay all and singular the casts, chargea and expenses, includi~g a reasonable at~wney's fee and costs of abstrads of titte, incurred or paid at nny time by said MORTGAGfE, because w in the event of the iailure on the part of the said MORTGAGOR to duty, pra~~ptly and fully per(onr, d~scharge. >xecurt, effed, complete, comply wnh and ab:de by each and every the stipularions, agreements, cond~tions, and covenants of said promissoty oote and this mortqage any or ei~her, and sa:d costs, charges and expenses, each and every, shall be immediately due and payable; whether or no~ ehere be notice de i mand, attempt to collect o~ suit pe~ding; and the full amount of each and every such payment shatl bea. interes~ from ~he dar@ thereof until paid ~t the rate of n~ne per cenrum per annu:n; and ail said costs, cherges and ezpenses incurred or paid, togelher wdh such iNerest, shall be secured by tfie lien of th~~ mottgage. 6. That (a) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, or (b) in the event any of sa'd sums of money herein referred to be not pranptly and fully paid within Ihirty (30) days next after the same severa:ly become due and Fayable, wi~hout demand o~ rwtice, or in the event each and every the stipulations, agreements, conditions and covenants of sa:d p~omissory noTe and th~s mortgage any or either are not iuly, promptly and futly performed, d:schargzd, executed, eifeued, completed, complied with and aA~ded 5y, then in e~ther or any such event Ihe sa~d ag gregate sum mentianed in said promissory nore then remaining unpaid, with interest accrued, and aIl moneys secured hereby, shall betome due and pay- abfe fathwith, or thereafter, at the option of said MORTGAGEE, as fully ard comptetely as if all of the sa~d sums of money were wiginally stipu:ated to be pa:d on such day, anything in sa;d proiniasory note or in this Mortgage to the cantrary rtotwithstartding; end thereupon or thereafter at the option of sa~d MORTGAGEf, widwut notice or demand, suit at law w in equity, there(o~e or thereaiter begun, may be prosecuted as if all moneys secured hereby nsd matured pnor fo ~b institutioo. 7. That in the event that at the be9inning of w af any time pending any suit upon this Mongage, w to fweclox it, or to reform i1, o? to enforce payment of any cfaims hereunder, said MORTGAGEE shatl apply to the ~ou~t having jurisd:ction thereof (or the appo~ntment of a Receiver, such Court shafl forthwith appoint a receiver of said mortgaged prooerty all and singular, includ:ng alt and s;ngular the irtcome, piof~ts, issues and revenues from whatever source derived, each and every oi wh:ch, it being expressly understood, is hereby mortgaged as if spac~fica!ty set forth and described in the g~anting and habendum clauses hereof, and such Receiver shall have all the broad and effective tunct~ons and powers in anywise entrusted by a Couit to a Receiver, and such appointment shall be made by such Court as an admitted equity and a matte? of absolute right fo said MORTGAGEE, and w~thoul reference to the adequacy w inadeq~~acy of the value of the p~operty mort9aged or to the sotvency or inso~vency of said MORiGAGOR or the defendants, and that such renes, profits, income, issues and revenues shatl be applied by such Receiver accwd~ng to the lien or equity of said MORiGAGEE and the practice of such Court. 8. To duly, promptly and fully periorm, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, condiYwns and covenants in sa~d promisswy note and this mortgage set fwth. 9. That in the event the ownersh~p of the mortgaged premises, or any part thereof, becomcs vested in a pe?son other than the MORiGAGOR, the MORTGAGEE, its successws and assigns, may, without notice to the MORTGAOR, deal with such suctessw a successor in interest with reference to this mortgage and the debt hereby secured in the same manner as wifh Mortgagor wethout in any way vitiating o? d~scharging the Mortgagors' Iiability herr under or upon ~he debt he~eby secured. No sale of the prerreises hereby mortgaged artd no forbearance on the part of the NIORiGAGEE or its successors or ass~g~s and no extension of the time fw the Fayment of the debt hereby secured given by the MORTGAGEE or its successws w auigns, atiall operate ro release, discharge, modify change w affect the original liability of the MORTGAGOR herein, tilher in whole w in part. 10. ft is specificallY agreed thaf time is of the essence of this c~ntract and that no waiver of any ob1?gat~on hereunder w of the obligaYan se- cured he~eby snall at any time thereafter be held fo be a waiver of the terms hereof or of the instrument secured herby. 11. In add~r:oa to the fwego'ng month!y payments of print~pal and interest required by the prom~ssory note secured hereby, mortgagor covenants and agrees to pay to mo-tgagee with each monthly payrnent an add~~ional sum est~mated by mortgagee to be equal to 1~ 12 of the annual cost of the follow- ing: A-Ali rea~ property tazes levied or assessed against the above described real estate. B-Prem:vn~s on fire and windstorm insurar.ce as here~n requ~red to be carried on the imp~oveme~ts situate on the above described premises. C-Premiurns on such mortgage guaranty insurance as mortgagee shall from t~me s~ time deem fit to carry on the loan secured hereby. i Morsgagee sha?t frcm ti:ne to time notify mcrtgagor in writing of the amount due and payable hereundrr and such surn sha1) thereupon be due and ~ Fayable on the due dare of rhe next moNhly payment and each wccessive momh thereafter uatil mortgagee shall not~fy mortgagor of a change in such E arnount. Such su~ns sta:i be applied by ~rzortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty insurance I € premiums. . IN WITNE~S ViHEREOF. the said MORiGAGOR has hereunto set his hand and seal the day nd ' jt~bf3"es~ ~ Srned. Seated and eliver in ihe p?esente of: R ~~ECORpcD t ~ ~ T~tL,flC E_,~ U':Y'Y L~L' ' a4 ~ , r. : (Ses4 ~ - • 1.J~0~/~~ . 616.L~ LL~.e~ l.~~2 (Sea1) cs~n ~ 25 9: 1 STATE OF FLORIDA ~ COUNTY Of $t . ~ 11C1e ~ ~ C ~ Before rtx personally appeared .Itl. 7.."~It~ i~$ • snd G Z~3 C l' 'v'a 1 ke r : t~ " his wife, to me well known and known to me to be ~ the individuals described in and who executed the foregoing instrument, snd atknowtedged before me that they executed the ume for the pu~pos~s ~ rherein exprcssed. And ttie uid Grace :~~d1~C@r _ wife of the uid Julian l~Talk@I_ upon a xparste and priwte ~ examination by me taken separate and apart from her said husband, acknowledged to and befwe me that she execWed said instrume~t freely and volun- ~ rarily and without any tompulsion, constraint, apprehension~, of fear of w from her said husband. - WITNESS my hand and official seal this day of A. D. 19 )'j') _ -l.~ s Pfotsry Public in and for the State of Florida N l~r9e ~ My Commiuion expires: ~ :.:t::•;. _ Rerurn to: • NOiAit! i'UdUC, STATE Of fLORIDA AT LAR6E s~ Fint Federal Savings 3 loan Associat~on ~ MY CJ~dMISS10N EXPIRES SEPT. 23, 1973 ~ Of Fo~r P~erea ~.e'•`•••• 80NOED THRU fRED W. DIESTEL!'sfJ:?~ ~ Fort Pierce, Florida - ~ - . { ~ - _ - ~ , . . : = ~ _ . `l This Insirument Prepared By .loTul W. Co~~'~;A~ ' ~ First Federal Savings 8~ Loan Association =;v " - ~ ~ Florida '~1L ~ of Fort Pierce ~ ' , Checked By ~ ~ BooK284 P~~E23~3 ~a ~:f - ~ ~ t.y..-.... - _ _ ~ . ~ ,