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To p~ace and continuously keep on the bui!d~ngs naw a herealter ~ituate on said land and on all equip~nent and pe~sona~ly tovered by th~s mo~ty- ege, w~th all p~emiums theroon paid in full, firc inwrante in the ~sual standard po~~cy fo~m, in a sum approved by tha MOR~GAGEE, and windsto~m Snsurance in the usual standard pol~cy form, in a sum approved by ~he MORTGAGEE, in such company or con,pan~ea as the In02TGAGEE may diret?; and all fire and winJitorm insurence po~~c~es on any of sa~d bu~td~ngs, aoy iNerest therein or part the~eol, in the aggn.9a~e aum aforesaid w in excess Ihereof, shnll co~tain the usual standard mortgagee clause o~ such o~her clause as the Moitgagee may requ~re, making tl~e foss under sa~d polr des, tath and every, payable to said lt10RTGAGEE as its in~eresl may appear, and eath and evc~y suth po~~cy ahall be promptly ass g~~ed and delivered ~o + eny held by said MORivAGEE as further aecurity to said mortgage debt, and, not less than ~en (10) days in advance of the exp~:ation of each poGcy, to dr liver to said MORTGAGEE a renewal thereof, togNher with a receipt for ?he premium of such renewal; and there sh~l1 be no i~re oi w~~~ds~vrm inwrancr placed on any of said buildiMS, any interest therein or pa~t thereof, unless in fhe form and with ~he loss payable as a(oresaid; and in the event any sum of money becomes payable unde~ such polity w policies aaid MORTGAGEE shall have ~he opt~on 10 ~ecewe and -opp!y the same on account of the indebr~d- ness secured hereby w to permit said MORTGAGORS lo receive and use it or any p~~t the:rof tor osi,•,r pur~~oses. .v:~i~;~t ~h ur ~7 e~ ~~~~p..~~- ing any equ~ty, lien o~ righl under or by virtue of this mor•gage; and in the event aa:d MORTGAGORS shall 'or any rcason fail to k~ep ~he sa~d premisas so ~mured, oa fai! b doliver promptly e~y of said policies of insurance to said MORiGAGEE, or foil p:omptly to pay f~lty any pre~n~~~n therefor o~ in anY respecr fail to pe~form, discharge, execute, eifect, complete, comply with and abide by th]s coven~nl, or any part hcreof, s~~d MVRTGAGEE rnar p~ace a.~f pay fw s~ch insurance or any part tFereof without waiving or affecting any op~ion, lien, equny, or right under or by virtue of thls Moirgage, and the full amount of eath and every such paymeM shall be immediately due and payable and ahali bear imerest from the date thercof un~il pa~d at the rate oi n~ne per centum per ann~m and to~ethe~ wi~h such inte~est shail be sec~red by the lien of this matgage. To permit, commit a suffe? no waste, impairment w derer~oration of said property or any pan thereof. 5. To pey all and singular the costs, charges and expenses, includiny a reasonable attorney's fee and coits of abs~racts of title, ~ncurred or paid at any time by said MORiGAG:E, becavse or in the event of the failure on the parf of ~hr said MORTGAGOR to duty, pron,p!Iy ar.d fvily p~~fonn, d~scharge. e,ecute, e(feU, complete, comply with and ab;de by each ar~d erery the stipulat~ons, agreements, conditions, and covenants of sa~d pro~nl;sory note and ~hi• mortgage any or e~ther, and sa~d coSts, charges and expenses, each and every, shall be immediately due and payable; whetl~er or not there be no~~ce d~ mand, attempt to coltec! or suit pend~ng; end the full amoum of each and everv such payment shall bear interest Irom ~he date thereof until paid at the rate oi nine per cen!um pcr annum; and all said coats, charges and expenses irxu~red or paid, together w~th s~ch imerrs4 shall be securad by the lian of th~s mortgage. 6. That (a? in the even? of any breach of this Mortgage or default on the part of the A10RTGAGOR, or (b) in the event any of sa`d sums of money herein referred to be not promptly and fully paid within th.rfy (30) days next aitcr the sa~ne severally becon~e due and payable, wi~ho~t de~nand or notice, or (c) in the event each and eve~y the stipulations, agreements, cond~tions ar.d covenants of sa.d promissory note and tl~,s mortgage any or either are not ~uly, promptly and fuily per{ormed, d:scharged, execured, effected, completed, compl~ed w~ih and abiaed `ay, then ir. e~ther w any such event the sa~d ag- gregate sum mentioned in sa~d promissory note then remaining onpa~d, with interest accrued, and atl money! secured hereby, sha!I txcome due and pay abfe forthwith, or thereatter, at the option of said MORTGAGEE, as fully and completely as if all of the said sv~ns of money were or~ginally st~pulated to be paid on such day, anyihing in sa:d promissory note or in this Morigage to the tontrary netwithstand~ng; and thereupon or theieaiter a! the option of sa;d MORTGAGEE, without nouce or demand, su~t at law w in equity, therefore w thereaher begun, may be prosecuted as if all moneys sewred hereby nzd matured pnor ro its institunon_ 7. Tha~ in the event :hat at the beginn~~g of w at any time pending any suit upon th~s Mortgagz, or to foreclose it, or to reform it, or to enForct payment of any claims hereunder, said MORTGAGEE shall apply to the Court havi~ jurisdlct~on thereof for the appomtment of a Receiver, such Court shail forthwith appoint a receiver of said mortgaged p?oxrty all and singula?, inctud:ng all and s~ngular the income, profns, ~ssues ar.d revenues irom whatever source derived, each and every of which, it being expressly unde~stood, is hereby mortgaged as if spec~f~cally set forth and described in the graneing and habendum clauses hereof, and such Receiver shall have all the broad and ef(ective funct~ons and pow~ers in anywne entrusted by a Court to a Recciver, and such appointment shall be made by such Court as an admitted Pquity and a mat~er of absolute right to said MORTGAGEE, and w~~hout reference to the adequacy or inadrq~acy of the value of the property mortgaged or to the so~vency or inso:vency of said MORiGAGOR or the detenda~~ts, and that such renfs, profits, income, issues and reven~es shall be applied by svch Receiver accord,ng to the Iien w eq~ity of said MORTGAGEE a~~d the practice of such Court. 8. To duly, promptly and fully perfo•m, discharge, execute, effect, complete, comply with and abide by each and every the stipufations, agree~nents, cenditions and covenants in sa~d promissory note and th~s mortgage set forth. 9. That in the event the ownership of the mortgaged pren,;ses, or any part thereof, becomes vested in a person o:her than the MORTGAGOR, the h10RTGAGEE, its successws and assigns, may, wilhout no+~ce to the ~50RTGAOR, deal with such successor or successor i~ interest wi~h reference to this mor~gage and the deb~ hereby secured in the same manner as with ~Ao.rgagor wiihout in any way vit;ating a d~scharg~ng the Mortgagois' liab~tity here- e;r.der or upon the debt hereby sec~red. No sale of the Fre~nises hereby mortgaged and no forbearance on the part of :he /JtORTGAGEE w its successors or ass~g~s and no extens~on of the time for tha payment of the debt here6y secvred grven by the MORTG4GE~ or its successors or aas:gns, ahaN operate ro release, d~scharge, mod~fy change or affect the o~igmal liab~iity of the NORTGAGOR herein, either in whole or in part. 10. It is speufically agreed that time is of the essence of thii contract and that no waiver o~ any obltgat~on hereunder or of the obligation se- cured herecy shali at any time thereaher be held to be a wa~ver of the terrns hereof or of the insrrument secured herby. 11. In addnio~ to the forego'ng monthly paym_nts of princ pal and interest ~equired by the prom sscry no'e sccured her~~b~, mortga3or covenants snd agr~es to pav to mo-tgagee v+ith each memhly pay~.,ent an add~rional s~m estm-ated by mortgagee to be egual Io l, 12 of the ann~al cost of the toHow- ~ng: ~ A-All real property taxrs levied or assessed ag~iast the above described real esrate. ~ B-?re~,:~wns on fire and windstorm insuracte as here~n requ:red to be carried on the ~mproveme:rts siruate on tha above d_scr~bed premises. C-Przmwms o~ svch rnortgage guaranty ir.wrar.ce as morrgagee shall from t:me to time deem fit to carry on the loan secvred hereby. ! Mo~tgagee sha f'rom time to time not~fy mortyagor m writ~ng of the amoum due and paYabte hereund.rr and such su~} shail thereupon be due and ~ ; ayab!e on the due oa~e of the ner.~ monthty payment and each s~ccessive month thereaft~r ur,tii mc~tgagee sha!I not:fy mortgagor of a change in such ~ ,•:o~nt. S~ch sums shaii be applied by mortgagee toward the paymeM of reat prope~ty taaes, insurance prem:ums, a~~d mortgage guaranty insurance ( n•em~ums. - IN WITP~cSS :VH:RcOf, the said RTGAGOR i~as hereunto set h~s hand and seal the day a~ ye~ afore id- ~ Sig , Sealed d ' er ' the presence of: ~ - - (Seal} (Seal) ~ (Seal) ~ lSeap ~ - ~ ~iATE OF FLORIDA ~ ~ 5r . UlC I B ss. COUNTY OF Before me personally appeared Id8 I'• $p~Qll~ a widow ~ ~ ~e1~ to me wel~ known and known to me to be ~ rhe individua~ described in and who executed the foregoing instrument, and acknowiedged beEore me that fhe~ executed the same for the purpoxs ~ therein expressed. - ~ ~ . . ~ WITNESS my hsnd and off7cirl seal this ~~/1 - day of ~Ct~~s A. D. 19~Q ~ Notary Pu in and for the State of Fbrida at larye - My Com ssion eapirrs: G~ / 9 7/ Return To: ' ' x gi first federal Savings d. losn Association ,`~`~i~q~11~j~~ Fi;~::.~9 3t iztyE - ~ Of fort P erce. i~~3 6. ~g~~ t ~ ~ ~i . .ry WF,~;.u:wa cx;~res N;~y. 4 fort Piercc, Florida b • : `V w~ ~ ~i ~ MpNd h A~iw~ ~iu i GwYr , . ` J ~ = Q;:~~ ~~c~; t ~ILED ANO RECORDEO'1 _ •t-a :.e..'Q, J•~° ST. LUCIE COUNI'Y. FLA:' ~ This Instrument Pre ared B '~F';+~ "?m~~~'`' ~ HF.CCr~R ~lGi21~!~fl - p,; P Y John W. Cbl • ~ ~-t ~ c~ - First Federal Savings & Loan Association ~~',~'c~" _ _ ~2 Q : : ~ 1~~~~0 of Fort Pierce~ Flozida , ' 'O : ' ~ 70 OCt 21 AM I: 53 ~ Checked By - - i>;S~P~~~`` c ~ ~t~uC.~ f'Q~ rr.5 ' , 80Qx~~~ CLERK CtRCU1T COURT, ~ , , - - - ~ - ~;.n; hz ~ ~ k,G, ~ t . ~ `~~~s~~' ~ ~ _ x _ . _