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To pl~c~ ~nd con~ieuou~ly 4~ep on ~M buitd~nyi now or Mrea(r~r utwt~ on ~a)d tand and on ~u cq~;pmen~ ar~d peroonally covered by ihi~ mon9- ~ aQ~, wi?h all pre~~~umti thereon pa~d in full, fir~ insur~nc~ in ~1?~ usual otande~d poti~y io~m, in • ~um aN~xoYed by the MORtGAGEE, and w~~ds~am iniu~ance in tM viwl ~+anda~d pol~ty fam, ip ~ sum ~pproved by ~h~ MORTGAGEE, in such comp~~y or comp+nies a~ MORiGAGEE may dir~c~J and all l:re and w~odsecum inw,~nc~ polK~es on ~ny o( sa~d build,rp~, ~ny In~ere~~ thercio or part thereol, io ~M agyr~ate wm ~Iwcfaid o~ in ~zctu thereof. ~hall conuin th~ ~~wl sqndard matyay~t cl~us~ w ~uch oths~ clauss at IM Ahatpagee rtwy reqwr~. m~l~op ~he ioss unde+ te~d poli~ cie~, exh and ~ve~y, payabk to sa~d MORTGAGEE ~a its intrre~t may appea~, ~nd e~cA and ~very such poi~cy ihall 6~ promptly ~ssq~rd a~d delivered ro any MId by ~id MORiGAGEE ~i (u~~ha security ~o sa~d mwt~~Q~ deGt, and, not le~s ~Mn ten (101 da~s in adva~xe of the expiration of each policy, to da liver lo s~id MORiGAGEE • re~ewal thereof, to~StM+ with a receipl fw the p~emium oi tuch renewsl; and rhere ihall be r+o firo or windstam i~sur~nce plxtd on ~ny of t~id buildinqs, any interesl Ihe~sin w pul thereof, ~nles~ in the form and with tht tou payabte as aforesaid; ~nd i~ 1he event any tum of ~wn~y beca,as payable unde~ such policy a pof~cies aid MQRTGAGEE shall Mve the opt~on to rece~ve a~xf appty the sanx on account ot IAe i~debted- neu tecut~d F~eby Or 10 pstmit said MpRiGAGORS to teteive and us~ i1 p eny part Ihereof for o:h_•r pur~~oies. ~v~~ho~t th_•~u~ wa~~~.~3 or ~mpa,r- ing any sq~ity, li~n w riflht v~der a by virtve of lhis mo:tyage; ~nd in the eveN ta~d MORTGAGORS shall fo~ any reaso~ tail to keep ~he said premises so • i insured, q fail 1o deliver p.omptly ~ny of sa~d poficiea of insursnce to said MORTGAGEE, w fail ptomptly to pay i~ily any pre~n~um ~herefa a in any ~ re~pecl (ail to pafwm, dlscharge, ~xecute, effect, complete, comply with ~~+d abida by this covenan~, w any part hereoi, sa~d MGRiGAGEE nwy place and pay fq avth insurante w any p~rt thtreof wi~hout waivinq ot •ffecting any oplion, lien, equity, w ~ight v~dcr w by virlue of this Mortgage, arx) fl~t full amauet of each ~nd ~very s~ch payment shal! be Immediately dvs snd p~yable ~nd ~hall bear i~te?eat fiom the date thtreol umil paid at ths ra~e ol ~ nine pe~ centum per a~num snd to;~elher with such inrere~r shall be secured by Ihe lien of this matgage. 4. To psrmil, tommit or suffa no waste, impairment ot deteriwation of said property or any pa?t thereof. 5. To pay all snd singulu the costs, chsryes ~nd expenses, including a reasonable atto~~ey i fee and costs of abstracrs of title, incurred o~ pa+d at i any time by said MORTGAGEE, because a in the event of tAe failure on the parl of the said MORiGAGOR_ to duty, p~omptly and fvlly p~rlorm, d~xharge. ~ execute, ef(ect, complete, comply with and ab:de by each end every the stipulations, agreements, conditions, and covenants af sa~d promissory note and this ~ mwtpage any w ei~her, arul sa:d costs, cFurges ~nd ex~er~ses, each and eve~y, shall be immediately due and payabfe; whe~he~ o. noe ~he~e be nor~ce da mand, attempt to collecf pr suit pendir?pj a~d the full anwunt of each ~nd eve~y suth payment shall bea. intereal from the date thereof until paid at the ra~e of nine pes cereium per annum; and all said costs, charges and expenses incurred w paid, togetAer w~th such interest, thall kx secwed by ?he Gen of thi~ mortyaye. 6. Tha? (s) in the event of any breach of thia Mortgsge w defautl on the part of the MORTGAGOR, or tb) in the evenf any of sa~d sums of money hereie referred to be not pra~ptly and fully paid within thi~ty (30) days next atte? ~he same seve~atiy become due and paya6le, wirhout demand or not:ce, or (cj in the event each and every the ~tipulations, agreemenls, conditions and covenants of sa:d p~omissory note a~~d th~s mortgage any or either are not ~uly, promptly and fully perfwmed, d~scharged, eaecuted, eifected, compteted, compl~ed with a~d ab~ded tiy, then in e~~her or any such event the sa~d ag gregate svm mtmioned in said promissory note then remaini~g unpe~d, with interest xuued, and a~t moneys secured hereby, sfiall become due and pay able fwthwith, or thereafter, at the option of said MORTGAGEE, as fully and comple~ely as il all of ihe said sums of money were or~ginally st~putated to be pa;d on suth day, anything in sa:d promiuory note a in thjs Mortgage to the contraty notwithstand~~ig; and thereupon w the~eafte~ a~ th~ op~ion of said MORTGAGEf, without notice w demsnd, svit at law or in equity, 1F?erefore w thereafter begun, may be prosecuted as if all moneys secured hereby had matured pnor ro its irotitution. 7. That in the event that a~ the beginning of w at a~y time pending any wit upon this Mwtgage, or to fweclose it, or to reform it, or fo enforce 1 payrn~nt of aey tlaim: hereunder, said MORTGf?GEE shell apply to the Court having jurisdiction thereot tor the appointment of a Receiver, such Court shail forthwith ~ppoint s receiver of said mortgaged properly all and singular, intlud~ng all and singular the income, prof~ts, ~ssues artd revenues trom whatever source de~ived, each and every of which, it bein~ express~y understood, is FKreby mortgaged as ef ipec'~lically set forth and described in the g~anting and habendum clauses F+ereof, and such Reteiver shali have all the broad and effective funct~ons and powers in anyw~se entrusted by a Court to a Receiver, and such appointment shall be made by s~?ch Court as an admitted equity and a matter of absalute right to said MORTGAGEE, and wi:h0u~ refere~ce to the adequacy or irtadequacy of the val~e of the property mortgaged or to the sotvency or insotvency ol said lNORiGAGOR « the defendants, and that such rents, profits, income, iuues and revenues ahall be applied by wch Receiver according to the lien a equity of said MORTGAGEE and the practice of such CovA. 8. To duty, promptly and f~lly pe~form, diuharge, eaecute, effect, complete, comply with ~nd abide by each and every the stipulations, agreeme~ts, conditions ~nd coven~nts in u~d prortirsswy note and fhis mortgage set fwlh. 9. That in the event the owncrship of the rtwrtgsged premises, w any part thereof, becomes vested in a person othe~ than the MORTGAGJR, the MORTGAGEE, its successws and auigns, may, without notice to the MORTGAOA, dea: wilh such succeuw w s~cceasw in irtterest with reference to th~s mongage and the debt hereby secured in the ssme manner as with Nbrtgsgw yvithout in any way vitiati~g p d~scharging the Nbrtgagors' liaoility her~ under p upon the debt hereby secured. No sale of the premises hereby morfgaged ~nd no forbearance on the part of the INORIGAL'sEE o? its wccesson or ass;gns and no extension of the tirt~e for the payment of the debt hereby secured given by the MORTGAGE~ or its successors or ass~gr+s, shall operate ro retease, d~scharge, modify change or affect the orig~nal liability of the MORTGAGOR herein, e+ther in whok or in part. 10. It ia specifically agreed that tune is of the easence of this contrsc~ and that ~o waive~ of any ob~igation hereunder or of the obligaYan sr cured hereby shal! s! any time rhereafter be held to be a waiver of the terms hereof or of the ins~rurteenl secured Fxrby. 11_ In addition to the forego:ng monthfy payments of princ'paI and interest required by the prom~ssory no!e secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an addirional sum estimated by mortgagee to be equal to 1~ [2 of the annual cost of the fottow- ing: A-All rea! property faxes levied or auessed against the above described real estate. B-Premiums on fire and windstorm insurance as herein requ:red to be carried on the improvements situate on the above dsscribed premises. ~ C-Premivms on such mortgage guaranty insurar~ce as mwtgagee sha:l from t~me to ti~ne deem fit to car~y o~ the toan secured hereby. ~ Matgagee shaif from time to time notify mortyagor En writing of the amounf due and payable 1~ereunder and such su:n shall thereupon be due and ~ayable on the due date of the next monthly payment and each succassive month thereafter ur,til mo~tgagee shall not~ty mortga~or of a change in such amount. Such su~ns shail be applied by mortgagee toward the payment of real prope~ty taxes, insurance p~em:ums, and mortgage guaranty insurance p~emiums. IN W TNE55 WHFR~OF, the.said MORTGAGOR has hereunto set his hand and seal the day and year first afwesaid. /J ~ Si , , Seated a de prpence of: /y'~~ '~C'~~ ~ 7 C -(Seaq I (Sean - ~Sra9 ~Seai) STATE OF FLORIDA i COUNTY OF St• L11C~A ~ ~ sefo« ~ a~w~uy a~ea~ed Piete=' L. Cole. a sin¢Ie adult ,~q ~ to well k!lown pnd known to me to be ihe individus desvibed in and who executed tha foregang instrument, and atkiwwledged before me tFwt ~e~ exeqt?t, fame for the purposes fherein e:piessed. ,~•~~ii~'•'• ~`~~:t; ~ • ~ , . i ' WITMESS my hand ind official sea! tb; da of ~C@111~T p~ 19~ Y . . 1 M; - Notary Public in and fw ~tat~ ~da,~t.lsrye ~ My Commiuion expires~' at (X~ Ret~rn Ta ~i, T 2s, ron Firit Federsl Savings b loan Aitociation ~7 Of Fort P~er~e. . fIlEO ~?ND RECuRdE1~'d'~' F"' a a'"'~' Fort P~erce, Florida ST. LUCfE COUMTr Fu IIOCER POITRAS ~ CIERK Ci+~CiJiT COURt RECOR~ YERIFIED This Instrument Prepared By RiChe~'d K. Kayes T~ 'Z 27 PH U ~ First Federai Savi~gs b toan Assoc+ation of Fort Pierce ~ ~orida Checked By 202412 • tO~K ~V~7 PACf ~ ~-~_-~va,~'S~rd"-~:~,.~.~rs.~__.~ .,,3-~= - . . , _ ~ ^q N_.-~;:~-i~~