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To piace and con?inuously keeQ on the bui!dings now or hereafter s~tuate on sa+d lard and on aN equip~»ent and personally co.rred by th~a mwlg- sgs, wi~b all premiunis thereon pmd in lull, f~re ~nsurance in the ~sual sta~da~d policy lorm, in a sum a~p~oved by the MGR~GAGEE, a~~d w~ndstorni ~nsurance in the uaual standard poLcy form, in a wm approved by Iht MORTGAGEE, in suth company or tompanies as fhe MORIGAGEE may direch aad ail tiro and w~ndsto+m iniura»te {.~+:.;i~s ~n any eI ~aid hv~~d~~gs, any im~rw+~ therein or parl thc~rof, in 1he aggreyete swn aloresaid o~ in exceas th~reof, shall con~ain ~he uaual standard mortgagee clause or such o~her clause as the Mortgayee may ~eyv~re, me?ing the toss w~Jer sa~d poli- cie~, each and every, payab!e to said MORTGAGEf as its interest may appear, a~d each and every avch pof;ty shoU t.+• promptly a~s g~~~J ond deGvered ~o any held by aaid MGRIGAGtE aa fuither securi~y to sa~J mort~a~e dc5t, ar,d, not les~ than te~ (10) days in advance of the expuet~o~ ol each pclicy, lo do- Hver ~o said MORTGAGEE a renewal Ihe~eof, togNher with a reteipt (or the premium o( such renewal; and d~rre slwlt be rw hre or w~ndsto~m insurance plsced on aoy of said buildings, any inferesf there~n or part Ihereof, un;eu in ~he lorm and w~th the ioss payable as afo~esaid; and in ~he event any sum oi money beconus payable under such policy or poGcies said MORIGAGEE ahall have ihe ophon to receive a~~d apply the same on acco~nt of the indrt~~~~d• ness secured hereby or to permit fa:d MORTGAGORS fo reteive and use it a any part fher~of for o~h~•r ~.ui,~cs~•s, •.:,iho,:t th ry.:~., cr ,~r,p.:~~• ing any equity, lien or righl unaer w 6y vi~tue of this mocegage; and in the event iaid MORTGAGORS thall for any reason (aii to kcep thc sa~d pre~n~s~~s so insured, or (ail to de:iver promptly any of said policies of insu~ance ro said MORTGAGEE, or luil promptty 1o pay fuity any prr~r,wm therefor or in a~y re~pect fai! to perfo.m, d~scharge, exetute, e({ec1, complete, comply with and ab~de by ~his covenaM, a any par~ h~re~of, sa~d MO~iiGAGEE may plsce a~~n pay iw such insurance or any pa~t lhereof without waiving or af(ec~ing any option, lien, equ~ty, or ri9ht under o~ by virtue of this Mortgage, and thc full amount of eath s~d every such paymenf shall be immediately duc artd payable end stia~l bear intcrest from the date thereof until p..id al Ihe rate o1 n~ne per cemum per annum and rogether vcifh such inrerest shail be~ x~cured by the lien of this mortgage. 1. To permit, commit or sutter no waste, impairmenl or deterioratio~ of sa~d property or any parl thereof. 5. To pey all and singular lhe costs, charges and expenses, iniluding a reasonable attorney's fee and costs o( ab:tracts o( tit~e, incurred or pa~d at any timc by said MORIGAGEE, because or in the event of ihe fa;luie on the part oF the said MORTGAGpR to duty, pron+ptly and fulry perform, d~scherge execute, eifect, complete, comply w~th and ab~de by each a~d every the stipulauons, agreemems, condinons, and cove~~ants of sald pro:n~ssory notr a~:d ihb mo~tgage a~y or either, and sa~d costs, charges and expenses, each and every, ahall bo immediate~y dut and payable; whether or nut there be notece dc- mand, auempt to collect or sui~ pend~ng; and the iutl amouM of each and every svch paymeot shall bear interest from the da~e therrof unril pald at the r,~te o~ n~ne per cent~m per annum; anc3 all said costs, charges and eapenses incurred or paid, together w~th suth interest, shalt be sec~red by the ~~en of th~f mortg~ge. b. That (a) in the event oi any b~each o( this Mortgage ar defaulr o~ the par~ of the MORTG~IGOR, or ~b) in the evem any ot sa:d sums of maney herein referred to be not promptly and Fully paid within th~rty (30} days next atter the same seve~a:iy became d~e and payable, wi~huut demar~d or nonce, or (cj in the event each and eve~y the stip.rlat~ons, agreements, cond~t~oni and covenants ot sa.d pro~n~ssoiy note and th~s mortgage any o. e~ther are nol ~~Iy, promptly and f~lly performed, d~scharged, executed, eNected, canpleted. compl~ed with and ab~ded 5y, then in e~fher or any s~ch event the sa~d ag- gregate sum ment~oned in sa~d promissory note then remaining unpa~d, with interest acuued, and ail mortey; set~~ed hr~eby, S~~dU biCJn1B due and pay- abie forthwith, or thereafter, a1 the option of said MORTGAGEE, as fully and completely as if aI! of the said sums oi money were onginatly inpulated to be oa~d oo such day, anything in sa~d promissory note or i~ this Mwtgage to !he comrary notwithatar~ing; and thereupon or thereaher at the opt~on of sa~d MORTGAGEE, without nor~ce or demand, suet at Iaw or in equity, therefore a therealter begun, may be prosecuted as ~f all moneys secured hereby nad matured p:~o~ to its institution. 7. That in the rvent that at the begi~ning of or at any time pending any su~t upon this Mortgage, o? to fweclose it, or to ?efo~m it, or to enicrce payment ol any claims he~eunder, said MOR~GAGEF shall apply to the Co~rf having jurisd~ctlon thereof for the appo~ntmen? of a Recefver, svch Court shall forthwith appoim a receivrr o1 said mortgaged prooerty all and singular, i~clud~ng ail and sing~tar the inconu, prol~ts, insues and revenues from whatever sowte derived, each and every of wh~ch, it being expressly undeisfood, is hereby mortqaged as if =peof~cally set for+h and desu~bed in ihe g~anfing and h~bendum clauses hereof, and such Receiver shall have al~ ~he b~oad a~d effective funct.o~s and powers in anyw~se entrusted by a Court to a Recriver, and s.ch appointment shall bc made by such Cou~t as an admitfed rquity and a matter of absolute right to said MORTGAGEE, a~d without reference to the adequecy or inadequacy of the va~ve of the p~ope~ty mo~tgaged o~ to tbe so;ver.cy or ~nsotvency of sa~d MORIGAGOR or the defendants, and ~hat such re~n, profits, inco:ne, iss~es a~eve~~ `s shall be applied 6y such Receiver accord~„g ~o the Ilen w equity ot sa~d MORTGAGEE an~ the pracrice of su:h Court. 8. io duty, promptly'and futiy perfarm, discharge, execute, effect, complete, tomply wi?h and abide by each and every the st~pulations, agreements, ~o~~u~:l.'.:.s a:.: t:.venaa:s s::d ~...i . .,,,,.e~.,ne se~ fwth_ r,.......1_.... .h'_ . 9. That in the event the owne~ship of the mortgaged premises, or any part the~eof, 6ecomes vested in a person other than the MORTGAGOR, the A10RTGAGEE, its successors and asslgns, may, without notice to the M,ORTGAOR, deal w~th such svccesso+ or successor in interest w~th refe~ence ?o this mortgage and the debt hereby secured in the same manner as with Morigagor without in any way vit~ating o~ d~xharg~ng the Mortgago~s' liability here- ~nder or u~ the debt herzby sewred. No sale o( the premises hereby mo~lgaged and no forbearance on the pan of the ?hORiGAGEE or its successors or ass~gns and no extens+on ot rhe time for ~he payment ot the debt hereby secured given by the MORTGAGE~ or its successors w ass~gr.s, aiiall operate to release, d:scharge, modify change or affect the original Ifah~i.±y ef :hz MvkIGAGOR herein, e~ther in whoie o~ in part, 10. H is spec~ficaliy agreed that t:me is of the essence of th~s contract and that no ~vaiver of any obf~gat~o~ hereunder or of the obtigaYan sN cured hereby shali at any time rhereafrer be he:d fo be a wa~ve~ oi !he terms hereol or of the instrument secured herby. 11. In aod.tio.o ro rhe iorego ng momhly paym;ms of princ pal and inreresr requ~red by the prom~ssery no!e sec~~ed hereby, mortgagor covenants ~rd agrees to ~ay ro n:ortgagee with each monthly payraent an add~~ional sum estm,ared by mortgagee to be egval,to 1 12 of the annual cost of the follow- :n~: A-AI( real property taxes lev~ed or assessed against the above desc.~?xd reat estate. B-Fram,u~os on fire and windstonn insurar.ce as nerein requ:red to be canied on tne i+nproveme~ts rtuate on the above desuibed premises. C-Pre~ni~ms on svch mwtyage guaranty insurance as mortgagee shall from time to tirne deem fit to carry on the loan secured hereby. Mortgagee she;t from time to time notiiy mortgagor in writing of the amount due and payable hereu~der a~id such sum shalf thereupon be due and r a~ab!e on the d~e date of the ne,ct monthiy paymero and each successive ma~th thereafter ur.til mortyagee shall nof,fy mortgagor of a change in such +~~ount. Such sums sFa:i ue app!eed by mortgagee toward the paymt~t of real property taxes, ins~rance prem,ums, and mortgage guaranty insurance c~remi~ms. IN Y~iTtvESS NHEREOF, rhe sa~d MORTGAGOR has hereunto set his hand and seal the day a:id year first aforesaid. ~gned, Seal a:id d F6er~d in the presence of:F~LED AND RECOROE~ ' ST. LUCIE COUNTY,'FLA~` aq _ ~`C~R VFRtF~ED ~~8sss ~ «a,, 0 SEP 2q pN Z~'~ tSeap SiATE OF fLORIDA ~~u:~rr oF St. Lucie ~ ~ Befo~e me nonall a ared ni rn a~ P~ Y PP~ ~ ' r~~Y' t RY N~'!Cy • ~j h's 'i. f ~ and knowa to me to be the ind~vidvals described in and who executed the fwegang inst~ument, a~d acknawieaged 6efore re,e tFwt they e~cecvted rhe same fw the purposes rherein expreased. Md the said-- _ NdI1C}~ A. PettQy «~~e of the said _ ~erd~ B• ~ttey ' upon a separate and private e.am~nano~ by me taken separate and apart f~om her seid husband, ~cknowledged 1o and before me that she executed said ~nstrument freeiy and volun- rardy and w~thout any ca~np~lsion, constra~nt, app~ehens~on, fear of or irom Mer iaid husband. WITNESS my hand and o/f:c~at seal this_ day of @= A. D. 19 7~ ~tx.~= st/ Notiry 7ub1' and for the ate of FJprida at l~r e My Commiss expires: ~ l~ /~7~ Return To: First f~ra) Sav;ngs d loan Associaf~on c:<<.. ;a ;t la~qf OF Fon P:erce • ' , 1971 ' r, LL~~ts ~'~q. b fort Paerce. Flpri~lj . • , , " . • ' baa~.+ M AMuY~ fp l 4~1' ~L ~ . _ , _ ' - ~ c'. . - This Instrument Prepared By Mfil• B. Braun s" ' First Federa~ Savings 8 loan Association a~ ~ of Fort Pierce~ Florida .Z " Checked By ~ -,-'~••..ti_ •~=y`~~~: . 0 R Q~j BOOX~V 1 fJtCf 7~ ~r - y~_