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To plap and continuou~ly k~p o~ 1FN buitdinps now w he~eaft~~ ~ituat~ on said I~nd and o~ all aqvipmeM ~nd pNSOnally tovN~d by ehi~ mort9- • p~. with ~II p.smivms th~rwn pa~d in f~ll, fir~ insuranc~ in th~ u~wl uanda.d policy fam, in •~um ~pproved by ~M MORtGAGEE, ar+d w~ndatum inswanc~ M tM uswl iundard poGcy fam, in ~ ~um ~pprov~d by tM AIIORTGAGEE, in wch company or compani~ as Na MORiGAGEE may dinctp and all fir~ and windstorm iniw+~a policies on ~ny of aid buitd~.p~ a~y rnr..a~ n+..+e;~, a p+.~ ??~...oi, in Ih~ ~ppre9a~~ a~m ~for~id or in ~XMff fh!lpf, ~hall cont~in tM u~wl sundud mat9apM cla~s~ a such aMr clav~ a tM Mo.iaa9ea may ~puu~. makinp tf» bu unda •a~d polE ci~s. each ~~+d tvery. p+yabl~ ~o said MOR~GAGEE ~s its in~Hat maY ~pp~ar. uid sach ~nd ~very iuch poiicy ~hail be prompi~y ~=s.gned and delivKed to ~ny heW by uid MORiGAGEE a~ fu»hs~ security to s+id mortpay~ d~bt, and, not ku ~Mn ten (10I d~yt in sdvanc~ of th~ expiration of !Kh pplity, to d~- liwr to s~id MORTGAGEE • r~newal thereof, top~tl+N with • nceipt fw tM pr~mium ot -wcA renewalj and ths~~ shall b~ no i~re a winds~am inwranc~ pl~d on ~ny of aid b~ildirgs, ~~y interett tht«i~ or part thersof, unku in rhe fw~n a,+d wilh tM bss payaW~ as ~for~iaid; a~d in tF~e ewnt any wm of mo~y becomp pay~bl~ unda wch policy a polici~s said MORiGAGEE shall haw rh~ option ro~eceive and apply tAe s~rn~ an account of ~he i~+debted ehu secur~d Mreby a fo permit said MORTGAGORS ro nwiw ~nd v~ it p•ny part thereoi (or orher purpases, wirhout ~h~eb~ waivir~g or ~mpa;?- inQ anY puiry. lia? w riphl undsr w by vlrtw of this mortpa~j and in tM went said MORTGAGORS sha0 fw ~ny reaion iail to keap the said p~emise~ so in~u~ed, or fall 1o delive~ promptly any of ssid policies of inwranc~ M s+id MORTGAGEE, or fsil promptly to pay futty iny premium therefor o~ in ~~y rospect faii ro periorm, diichargf, exccuta, effecf, complete, comply wFth and abide by this covenant, o~ a~y part heraof, said MORTGAGEE may pl~ce ~rwf paY tor s~ch inw?aerce w ~ny parl thereof witho~t warviop a ~ffectinp ~nY option, lisn, eqv;ty. w ~ight under a by virtus of tMs Mortya~e. and th~e full smount of eacA and e~ery wch p~yment ~hslt be immedi~tely dw ~nd pay~ble ~nd sMll bea~ inre~est from ths dat~ thc~eof vn~il paid at ~he ra» oi nins per centum pa ~nnum and together with :uch interest shall be securet! by tM tien oi this mottpage. 1. To pKmit, conxnlt or wfft~ no wast~, Imp~irment a deter'araYan of s~id p~operty p u~y part thereof. S. To pay all ~nd singul~r ths costs, cFwr9et and expenses, includinp s reasonable attwr?ey's fse aod wsts of absuacts of Hde, incurred o? paid s~ any time by ssid MORTGAGEE, because w in the weot of the faiiure on the part of ~he :aid MQRTGAGOR to duly, promptly and futly perfpm„ diuhargs, executs. effttt, complet~, comply with and ~b:de by each and every ths itipulations. agrecments, conditions. ~nd covcnanfs of said promiuory note and ~his mortgape any or eithe~. and sa;d cos», chargei and expe~ses. esch and evc?y, shall be immediately due and payable: whe~her or not there b~ nor)ce de- mand, attempt to colkct oi wit pe~d;ngj and the full amount of exh artd every s~ch paymenl sh+ll bear intere:t from the date thereof until p~id at the ra?e of nine per centum per amwm; and al! said costs, char8es a~d expenses inc~rred p paid, togethe? with s~th interest, shaU be sttu~ed by the lien oi thq mo~n9s~e. 6. TMt (a) in the event of any breach of thq Mwtgay~ w defsull on fhe part of the MORTGAGOR, w(b) in the event any of said sums of mwroy hcrein referred to be not p?omptly arxl fully paid within thirry (30) days rKxt after the same sercraltjr become dve and payable, without dcmand w ~o~ics, w(~ in the event each and every tF?e stipulations, ~greements, conditiona and coveoants of said promissory note and th~s mo,tpaye any a either ire nw i~ly, prompHy and fully pe~formad. d~schsrged. executed, effected. completed, complied with and abided by. then in eitF+e~ or iny such tvent the said a~ gregate wm mentaoed in ssid ptomissory note then ~emainirg unpaid, with interest atu~ed, and all moneys setured IKreby, sha11 betorne dw u~d p~y- ehle fwthwith, w thercatter, at the option of said MpRTGAGEE, u fully and completely ss if all of the said sums of money were aiginaUy stipulated to be paid on such day. anything i~ said pomissory note a ie this Mort~age.to the conlrary notwi~hstsnding; and thcrevpon a thereafter a1 the option of uid MORTGAGEE, without nofice a demand, wif at law o? in pu;ty, thereFore or thereafter begun, may be proaecoted ss if all ,naroys secvred hereby had mstured prior to in irntitution. 7. That in ths event that ~t the beginninp of w at sny time pending sny wit vpon thia Mo?tgage, or to fweclose it, a to retwm it, a to enfwq payment of any clsims hereunder, ssid µpRTGAGEE sMll ~ppty to the Court having jwisd~ction thereof fw the appointment of a Receiver, wch Covrt ~hall Fwthwith ~ppoint a receiver of said mortpa9ed property all and singular. inclvd~ng all and s+ngul~r the income. prolits. iasues and rovenues irom whatever source derived, each and every of which, it beirg exp?euly understood. is hereby mortgaged as if spec;fitally set forth and destribed in the ynnting and hebendum davses hereof. and auch Receiva shaq have all the broad and effettive fu~ctwns and powers in anywise entrusted by a Cou~t to a Receiver, and tuch appointmcnt shalt be made by such Covrt as an admitted eq~ity and a m~ne~ of absolute right fo said .MORiGAGEE, a~d without re(ercnte to the adequxy a inadeqvacy of the v~l~e of the prope.ty mortyaged « to the soivency or i~sotvency of said MORiGAGOR o~ the delendants, and d~at such rents, p~ofits, income, issues aod revenues ~ha11 be app~ied by svch Recaiver ~ccordi+n9 a the lien or equity ot said MpRTGAGEE snd the pactice of such Co~tt. 8. To duly. P?omPHY ard fuly perfarm, d'ncharge. e:ecute, eHect, compkte, comply with a~d ~bide by each ~nd every fhe sfipulation~, sgrtementl, conditiorn and covenaros in said promisswy note and this mortgsge set forth. 9. That in the evem rhe ownenhip of the mwtgayed premises, a any pan tFxreof, becornes ve~ted in a peno~ other th~n the MORTGAGOR, tl+~ MORTGAGEE, iri wccesso?s and auigro, may, without notite to the MORTGAOR, deal with such wtcessot or succeuw in iMerest with rtfere~ce to this mor~gsge snd the debf heieby secured in the sams manner as with Mortgagor wi~hout in any way vitiating a dischar9ing the Mortgagors' lisb~i~ry Ixre- under w upon the debt hereby secured. No sale of the ~emises hereby mortgaged and no fwbearance on the pa~t of the MORTGAGEE p its sucussors w aug~n and no extension of the time for the payment of the debt hereby secwed given by the MORTGAGEf or ifs auccsssors w auigns, ahall op~rste ro release, discharye, modify cha~ge or affect the original liabiliry of the N10RTGAGOR he+ein, either in whole w in put, 10. It is specificatly sgreed that time is of tha easer?ce of this contract snd that no waiver of any obligation here~nder or of th~ obli~~tion sa cvred hereby sMll at any time tF?ereafter be held fo be a waiver of the ttrma hereof a of the instrvment secured herby. 1 i. tn add~tion to the foreyo:ng monthly payments of prirK pal and interest required by the promissory no?e secured hereby, mortgagor tover~anfs and agrecs to pay to mortgagee with each monthly payment an addiiional sum estimated by mortgagee to be equsl to 1/12 of the annual cost of the follow- A-All real property taxes tevied or assessed against the above described real estata ~ B-Premiums on fire and windstorm ir~swance as herein requ;red ro be carried on the improvements situate on the sbove desuibed premises. C-Prem~ums on such mwtgage guaranty insurar~ce as mortgagee shall from t~me to time deem fit ro csrry on the loan secured hereby. Mortgagee shall from time to time notify mortgagor in writ;ng of the amouM due and payable-l~ereunder and such wm shall therevpon be due and payabte on the due date of the next monthly payment and each successive month thereafter ur,til mortgagee shall notify mortgagor of a change in such amouM. Suth sums shall be applied by mortgagee toward the payment of real p~opertY taaes, inwrance prem:ums, snd mwtgage guaranty inswsnce premiums. !N WlTMESS WHFREOf, the said ORTGAGOR has hereunte ut his hand and seal the day and year first aforesaid Si Seakd a Y r ' tM pre ence of: ~ n rc__% rc.~n STATE OF FLORIDA ~ COUNTY OF Sti• L11C~@ ~ e.fo.e me p..sw?.uy .ppea.ea B. RoY I,oti~e _ , , aod IV8 T,. j10'1~i'8 his wife, to. ene well,keoNn• v~ ~ie~qy~ !D me to b~ the individwb described in snd who executed tl~e foreyoiny instrument, and ~cknowkdged befwe me that thty ei~t'v . tl~,s~~a(•j!N PurPoses fherein szpre~~ed_ /4tt1 the sa' 198 Ti~ T~Oii@ ~ f]' t~ wife of tM s+id B. RO ~li~ , . : ~-"r'••.+~.._~ " " • ~ '1 w sncl privaf~ examinstion by me taken sep~rste and apart from her said h~sbsnd. ~dcnowkdged W and befwe me that sh~ =~ip~ . r~' rarily and without a~ryr compuliwn, constraint, app?ehe~sia?, or fesr of w from her ~aid huiband. WITNESS my hand and officisl sesl thi~ f~~ dsy of N 1" ~ Y!~ '-~,~b. i9.s= • • . Notary Pubfic in and for fha ~1r~~ lorida at LarQe Return Ta • My ~iuan enpires: Fint fedent Savings 6 Los~ Auociation ~~ry r~. S~ 1~ y~ of Fo~t P~erce. My COa1D~i'i0n Ex~ilS Sq~, 25.1971 Fort Pierce. Flaida ~°ndN N A.«i;~ t~- d Ca, .e„ G. This Instrument Prepared By RiChsY'd 1C. Ray~es f~p ~p~ ~~6 First Federol Savings ~ loan Auotiation ~ of Fort Piercy Flo~'ia$ ~RlI~~~~u~~~ ~001~0 VERtFtfl~` Checked By ~ is z 49 rn~~ 60~11~7 PAGE S~ Pa t ~ . ~ - - 3 ~ : - - - ~ h : - _ .