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To plac~ ~nd continuwnly k~ep on ~M buildinp~ now or Mr~aflN sitwti on ia~d land and oe? ~It equipmsnt ~nd psnonally covaad by lhis mort~ +~t, with ~II prtmi~ms ~hNeon p~id in fuil. fir~ insuranc~ in ~M viu~i su~dard policy (wm, M a sum approved by fM MORIGAGEE, and winditwm +nw~+np In tM uswl siandard pol;cy fo~rn, in a wm app?ovsd by ~M MORTGACsEE, tn such comp~ny o~ compani~s aa th~ MORTGAGEE m+y dinds and ~II ik~ ~nd wintb~ann iniura~+p polici~s on ~ny of said build~nps, ~~y Inter~~t Ihtrein a part II+Heof, i/f fMf i~rey~lt ~um ~Ipti~id OI In ~xcess ther~ot. sAall contain th~ ww! ~randard ma~yapN dius~ a such o~F?K clauss as ~Fw Mo~~y~N may requ~r~. m~kinp IM los~ unda ta~d po1F ciss, each a~d svery, payaWe b ~aid MORTGAGEE u its inlercit may app~u, ~rw! each and ~veryr iuch policy ihall b~ p?omptly au.gned +nd detivered ~o ~ny held by a~id MORTGAGEE a~ iurther securiy to said mwtpay~ de~~, and, no~ lesi tha~ ten (10) days ln +dvanu of tM expirat~on of each policy, to d~- liw? fo faid MORTGAGEE a re~ew~l the~eof, lope~hK with a receipt fp ths pr~mivm of such renewals and the~e thall be no f+re or wi~d~to~m iniu~ana plKed on ~ny of said b~ildirgi, ~ny iMerat IF~erein or part thareof, vnku in the torm and wi~A tM lost payable as a(aesaid; and 1n the evtnt any sum of ma~y becorn~s payabfe vnds~ such policy or policiss said 1NORTGAGEE shall have ~M opt+o~ to ~eceire ~nd apply the same on accoun~ of tM indabtcd- neu tecvt~d h~r~by o~ to pxmit said MpRTGAGORS fo ~eCeiw and us~ It p any parl fhereof ior othc~ purposes, without th~rrb/ waivi,x~ a ~~»pair- inp any pvify, lien pr ?ight unda or by virtw o1 this mortqaqe; N+d in fFa ~rent ~aid MORTGAGORS sha~l fw any reason fail to keep the sa~d premises fo insvred or fai) b delivsr promptly iny of said policiea of inswante to s~id MORIGAGEE, or (ail promptly to pay fully any pre+nium therefa a in ~ny respect fail ro p~rfonn, diuharge, executs, aifect, complete. cor~+ply with ~+d abide by this cavenant, a any part hereof, said MORTGAGEE may pl~ce ~nd paY fw ~uch inwranc~ a~ny par! 1Mreof without w+ivinp o? affecti~p u?y option, lien, eq~iry, or right under o~ by virtw of ~h~s Mwtgays. ~nd the full arrau~t of each and ewry such payment ihall bs immedi~tely dw and payable and sF~all bear interest from tha data thereof until paid at tM rate ot nine per centum per ~nnum and together with such inreresr shall be secured by ths lien of this mortgags. To psrmir, c+ommh or wffer ra wate Impiirment w deteriaation of asid property w sny put thereof. S. To pay all and sinQulu ths costs, ch+ryes ind expenses, includinp ~ re~sw?able attor~ey i fee and costs of abstracts of title, incurred o~ paid ~t any time by said MpRTGAGEE, becavse or in tF+~ event of the faitu~e on the pan of ~he said MORTGAGOR to dvly, promptly and futly p~vfwm, d~uhar9e, execute, effect, comptcts, comply with and abide by each and every the st~pulations, agreements, conditiw~s, and covenants of said promissory note and this mortga~e any p eithar, ~nd isid costs, char9es and expenses, each and every, sha11 be immediately dve uw! payable; whefher w not thcre be notice do- t mand, aitempt to collect or svit pentling; and the full amo~rnf of each snd every such payment shall bca? in?rrest from the date thereof until paid at the rare of nine per cantum per annum; and all said costs, chargp and eapenses incurred or paid, togethet w~th auch iMerest, shall be secured by the lien of fhii rr.ortyays. b. Ths1 i~ tAe event of ~~ny brcach of thii Nbrtgage w default on the pa~t of the MORTGAGOR, or (b) in the evenf eny of ssid sums of rtwney herein ?efe~red to be not promptly and fully paid within thirty (30) days next a4ter the same severally become due and payable, without demand w notice. or in tAe event each and every the slipulations, ~greements, conditions and covenants of ss~d prwn'~ssory note and th~s mor~gage any w eirher are not iu[y, promptly ai+d fully performed, disclwrged, executed, efiected. completad, complied with and abided by, then io either w any such evenf the said gregate wm mentioned i~ said promiswry nore then remai~ing unpaid, with interest xuued, and al! moneys secured F?ereby, shatl betome due snd p~y- able futhwith, or 1~lNf1N, at the option of aaid MORTGAGEE, as fully and comptetely as if aN of thc said sums of money were wiginelly sttpula~ed to be paid on such day, anylhing in said prom~uory note or in this Mortgage to the contnry notwithstanding; and thereupon p thereafter at thc optiw~ of said MORTGAGEE, withoW notice o~ demand, wit at law or in eqvity, therefore or thereaftH begun, may be prosecvted as if all nwcreys secv~ed hereby had matwed pnor to its insrirutio~. 7. That in the evenf that at the 6eginning of or st a~y time pending any wit ~pon thia Mortgsge, w to forectose it, w fo ~efwm it, or to enforce payment of any claims hereunde?, said MORTGAGEE shalt apply to the CouN having jurisd~ctan thereo( for ~he appointment of a Receiver, such Cou~t shail for~hwith appoinf s receive? of said mortgagnd property a!! and sir+guls?, includ~ng all and singula~ the income, pro(its, issues aru! reve~ues from whatever source derived, each and every of which, it beir?g expressly u~derstood, is hereby mortgaged as if spec~(ically set fath and dexribed i~ the g~aming and habendum clauses hereof. and such Receiver shst! Mve all the broad and eifect;ve funcnons and powers in anyw~u entrusted by a Courf to a Receiver, and such appointment shall be made by such Cowt as an admined equity aod a matter oi abwlute right to taid MORTGAGEE, and without refererxe to the edequscy a inadequacy of the vslue of the property mo.fgaged or to the sonrcncy or insolvency of uid N10RiGAG~JR w t1x deiendann, and rhat s~rch rents, profiri, income, issves and ~evenues shall be applied by such Receiva according to the lien w equiry of said MORTGAGEE and the practice of wch CouA. . 8. To duly, prompty and fully perform, discharge, execute, effect, compkte, comply with a~d abide by each and every the stiputations, agreements, conditions and cove~unts in said promisswy nate and this mortgage set fath. . 9. That in the even? the owrKrship of ths mortgaged premises, w a~y psrt thereof, becomes vested in • person other than the MORTGAGOR, tl+~ ti~ORTGAGEE, iu successo+s and sssigns, rn~y, witFaut notice to the MdRTGAOR, t~eal with~ svch suttessor ,w successor in interest with reference to thq mo~tgage ~nd tf+e debt hereby secured i~ the same manner as with Mw~gagor without i~ any way vitiating or dixha~ging the Mongagors' liabiliry here- under w upon the debt hereby secured. No ssle of the prem7xs hereby mwtgaged end oo forbearance on the part of the MORTGAGEE or in tuccesson or asig~s and no extension of the time fw the payment of the debt 1?ereby secured given by the MORTGAGEf or in succeuors or auigns, shall opdate t ro rclease, dixharge, modify charx~e w affect the wginal liabiliry of the MURTGAGOR herein, either in whoie o? in pirt. ~ 10_ It is specifically agreed tMt t~me is of the essence of ~his contract and that no rvaiver of any obligatwn hereunder or of the obligation se- ~ cured hereby shall at any time thereafter be held to be a waiver of the terms hereof w of th~ instrument secvred herby. I1. In add+tion to the fwego:ng monthly payments of princ'pal and interest required by the promiuory note secured hereby, mortgagor covenantt and agrees to pay to mo: tgagee with each monthly payment an add~~ional swn estimated by mortgagee to be equal to 1/ 12 of the annual cosl of the follow- ing: A-Afl real property taxes levied or assessed against the above described real ~tate. , B-Premiums on fire and windstorm insura~ce as herein requ~red Io 6e carried on the improveme~ts sit~ate on the above described premises. C-Premiums on such mortgage gvara~ty insurance as mortgagee shall from t~me to time deem fit to carry on the loan secured F~ereby. Mortgagce shall from time to time notify mortgagor ;n writing of the amount due ard payable hereurwdcr and suth sum shall thereupon be due and payable on the due date of the next monthly paymenl and each successive month thereafter urti! mwtgagee shall notify mortgagw of a chanye in such ~ amount. $uch sums shall be applied by mortgagee toward the payment of real property taxes, insurance pr~rtl:ums, and mwtgage guaranty insw~nce p~emiums. IN WITNESS WHEREOf, tIx said N{ORTGAGOR has hereunto set his harsd and seal the day and yea~ st fa . . Sea a ed in the presence of: ~ ~ n _ ~ n ~ SiATE OF FIQRIDA 1 ' : ; ~ : couNn of _ St. Lucie S~' ' ~ : <~~~A,~.~~.n~u~r~~~~,'+~U~¢>= : - ~~Oe ~~,~,,,i~Y,~„~~Llo d Ta lor and Clotilde F. Ta lor .~a I s om Ch u a nd S i au s4 kn a•~~, to b~. the individwb described in and who executed ti~e foro9oinp instrwrrent, be we that tArr~ ' ~}Q ~ ~fy=purposes ~x ~a Clotilde h Ta Ior Wife of said Llo d: ; F- • . „ aun~`e ~q~ ~ r ey auncey e of said san Chaunc! p,;y.?. ezar.anarion ny me taken stparafe and spart from her s+id husband, adcrwwled9ed a ~nd befwe m~~jdNt~ll~s ' t volu~. m ta~ily ~nd w~thout u~y cempolsion, constraint. ~pprehension, w fear of or from her wid husbsnd. : . ~.a . • 7n WITNESS my h~nd ard officisl seal thi¦ 23~ ~y o{ vembe r ~?R` D. 19~ . ' ~`N,,,`~t- ` = f lE0 AND RECpR ED Notsry Public in awd For ~t l~rps ' i~. l11CIE PQI1RAt~ My e«?~m~s,~o„ e~;.~,: Rewm To: ~~~R ' first Federsl Savi~gs 3 toan /?ssoc~at~on CIERK CIRCUIT COl111 ~ ~n ~ pf Ro~i~i ~t ~in1 of Fo~r v~e.ce. . AECOilO YERIf1E0 ~ ~~y~ ~ ~7~ Fort Pierce, Flwida ~~0 ~.dw M ~••+c.. fr. a e""~'' e.. NOY Z~ II 41 2G14t~ ~ This Instrument Prepared By JohYl '~T. Collins ~ First Federal Savings b Loan Association of Fort Pierce~ FlOrf d8 ; Checked By~ ~ BUOK~DO ~L'{~~t;~, ~ a~~ ~ . - - ° ~ ~ ~ V ' r r ~ x_ ,