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To plac~ ?nd con?inuou~lY k~ep on tM bui!d~ngi now o~ hereafte~ ~~tust~ on sa~d iand •nd on dl cquip~nent end per~one~ly cov~red by thi~ mort9- p~, with ~II pr~mium~ the~eon pa~d in full, firs insuranc~ in tF?~ usual fta~+dsrd polity (orm, in • sum •pprovcd by the A~10R(vAGEE, and wirtd~torm insuraot~ in Ihe utwl ~randard policy fwm, in a ~um approved by the MORTGAGEE, in ~uch company or co+npaniei as the MORTGAGEE may diretl; ~nd alt fir~ and windslorm insuronte po~icief on any oF said build~nys, any i~terssl the~ein or part thereof, in the aggregate sum afwesaid or In ~xce« ~hereof, ihall cw+rsin ~fis uswl s~andard mor~ga9e~ clauss a such o~he. cleuie as 1he Mwtyagae may requ~re, makiny the lo» unda sa~d polt ues, each ~nd every, payable to said MORiGAGEE as ~ts interest may appea~, and each and every sucA poi~cy shall ix prompt~Y ass gned and delive~ed to any Mld by said MORfGAGEE ai (urther seturity to said mort9aye debt, •nd, not less than 1e~ (10) days in advance of the eap~~atio~ ol each poticy, to de- liv~r to uid MORiGAGEE a renewat thereo(, 1o~e~her with a rece~pl fot the premium of tuch ~enewal; and ~here shall be ro f~re o~ w~~~ds~o~~n inturante ptxed on a~y of i~id buildings, any inte~eat thcr~in or part thercof, unless in ~he (orm a~xl with the Io:s payable as aforesaid; and i~ tF+e event any i~m of nwnty becomes payaWe unda tuch po:icy w policies seid MORTGAGEE shall have the opnon ro~eceive and apply ~he ume on accoun~ of ~he indebted- ; nesf letur~d hl~sby w?o permit taid AhORTGAGORS to receive and ufs it p any part thereol tor othcr purposrs, w~~ho~t th:+. b/ waivi i~ or ~mpair in9 any p~ity, lisn or riyht voder w by vi~tw of this morty~ye; and in the event w~d MORTGAGORS shall fw any reason (ail to keep Ihe said premises so insured, p fai) b delev~~ promplly ~ny of w+d policiei of insuranc~ to faid MORTGAGEE, or fail promptly to pay tu11y sny premi~m there(a or in a~y resped lail ro pwfam, d~schuga, eaetute, ~(fetl, tomplete, comply with ~nd ~bide by this tovanant, a any part hereof, said MORTGAGEE may pl~ce and pay for ~uch inwranc~ or any part thtreof without waivinp w affectinp any option, lien, equ~ty, w righf under or by virlue of this Mertgage, +nd tl+e fu11 anwunl of sach and ev~ry iuch paym~m shai~ be immediarely dw and p+yable and ahall bear inte~est irom ths date thereof un~il paid a~ the ralt of n~ne pe~ centum p~r annum ~nd together with wch interest ihall be secured by the lien of this mortgage. 4. To permit, commit or wfter no wast~, tmpsirme~t or deterior~tion o( said property or +~y paN thereoi. 5. To pay alt and tinpul~r the costs, cha~g~s and expsnies, includinp a reasonable attwney'i fee and cosrs of abstracts of title, incurred o~ p+id at eny time by wid MORTGAGEE, becauss w in the ~vent of the fa~lure o~ the parl of ~he said MORTGAGOR to duly, promptly snd fully perform, d~xharge. execute, tffect, complst~, comply w~th and ab:de by each ~nd every the stipulat~or~s, agseements, conditions, and covenann oi sa~d promiuory note and th~~ mortQage any or sithar, ~nd ia':d costs, char9a ~nd eapanses, each and every, ahall be ~mmed~atety due and payable; whe~her w not +he.e be nonce dr mand, attempt to co11M or iuit pend~ng; and tM full amount of each and every s:xh payment shall bear intcrest irom the date thereof vntil paid at the .ate of nins ptr c~ntum per annu:n; and all said tosn, cherges and expenses incurred or paid, together wAh such interest, sAall be setured by the Geo of thd moriyspe. 6. Thaf (a) i~ the event of any brcach of this Mortyage o? de(ault o~ the pa~t of the MORTGAGOR, o+ (b) in the event any o1 sa:d sums of money herein refe~red Io be oot promptly and fvlly psid within th~rty (30) days next afrer the san.e severally become due and payable, without demand or notice, or (d ia the event each and every the stipulations, sgreemeots, conditions and coven~nts of sa:d promissory nore and th~s mortgage any w e~ther ue nW ~uly, promptly and fully performed, d:uharged, executed, ef}ecled, completed, complied with snd a~~ded Sy, then in e~ther a any such evenl ths sa~d ap- greyate wm men~IOned in said promisswy note then rema~ning unpa~d, with interast accrued, and a11 moneys secured hereby, sha~l become due and pay- ebte forthwi~h, or thereafte~, at ~he opf~on of said MORTGAGEE, ~s lutly and comptetefy as iF atl of rhe u~d sums o1 money were aginally st~pulated to be pa~d a+ such day, aoythiog in sa:d p~omissay oote u in this Mortgage ro ~he conuary nohvithstandhig; and thereupon or thereafter s~ the op~~on of said MORTGAGEE, without notite w dcmand, suit at I~w ot in equity, lherefwe w thcreaiter bcgun, may be p~osccuted as if all moneys secured hereby nad matured pnw to ~ts inslilution. 7. TMt in the event that at the beginning of w at any time pending any su~t upon this Mortgage, or 1o foreclose it, w to refam it, or fo enforce yayment of ~ny claims hereunder, sa~d MORiGAGEE shall apply to the Court I+aving jur~sd~cNOn thereol (or,~appowilw~ent of s Rece+ver, such Court sMll Forthwith appoint a receiver of said mwtgaged property all and singular, includ~ng all and singufar_ the incorne, pro(~b, issueY snd ~evenues irom whatever seurce derived, eacfi and every of wh~ch, i~ being expressly undcntood, i~ hereby mwtgaged as if spec~fically set forth a~d dexribed in the granri~g and habendum clauses hereof, and such Receiver shall have all the broad and eflective funU:ons and powers in anyw~se emrusted by a Cov~t to a Receiver, and s~ch appointrt+e~t shall be made by such Court as an admitted equity and e matter of abso~ut~ ~ght to said MORTGAGEE, and w~fhou~ reference to tMe adequacy w inadequaty oi the val~e of the property mortgaged or to the soivency o~ ~nso:vency ot said MORTGAGOR or the defendants, and that such ren+s, p~ofits, incorne, issurs and flVMUQf shall be applied by :uch Receiver accord~ny to the IiM or equity of said MORTGAGEE and the practice of such Court. 8. To du!y, promptty and fully perform, diuharge, execute, effect, comLplete, comply w~th and abide by each and every the st~pulations, agreemems, conditans and covenants in u~d promissory note and this mortgage set fwt{` •~M " . ~ ~ . ~t~.~_ . ~ . 9. That in the event the ownership of the morigaged premises, or a~iy part' iF~hd'f, bea«wes- vested ~n i-+pN~bn OthM lhan the MORTGAGOR, the lMtORTGAGEE, irs aucceuors and assigns, may, wishout nofKe to the MORTC3ApR,'~rat v.~~h such succ~ssor a successor i~ interest wirh reference to thia mo~~gage end the debt kereby secured in the same manner as with Mo~tgagor without in any ~vay vitiating a d~schargirg the Mo.tgagors' liability here- ;,nder or upon the debt hereby secu~ed. No sale of the premises hereby mortqaged ~nd no forbearance on the part of the MORTGAGEE w its successon o~ ass6gns and no e:tension of the time ia the payment of the debt hercby secured given by the MORTGAGE' or its successws or assegns, s~wll operate to rdeax, d~xharge, modify change w aifecf the wiginal Iiab~lity of the MORTGAGOR herein, either in whole or in part. - 10. It is speNfically agreed that time,is of the esxnce of th~s contratl and ~hat no waiver of any ob~~gat~on hereunder o~ of the obliyation ss- cured hertby shall at any time thereafter be held to be a waiver of the terms hereof a of the instrument secured herby. ~ 11. In add~tio~ to the forego~ng monthly payments of princ'pal and interest required by the prom~ssery nore secured hereby, rtwrtgagor covenants f and agrees to pay to mortgagee with each mw?thly payrnent an add~rionsl sum est:mated by mwtgagee to be equal to 1;' 12 of the annual cost af the follow- } ~ E ~ng: R A-All real property ~aars•levied or assessod against the above described real estate_ ` B-Pr~r.:~ums on f~rc~ and w~ndstorm insurar.ce as herein requ~red to be carr~ed on the ~mproveme~ts situate on the above desui5ed premises. `t _ C-Premiums ort such mortgage guaranty ir.surance as mortgagee shatl from t:me ro time deem !it to carry on the loan setured hereby. Nbrtgagee sfia?1 f.om time to time nofi(y mortgagor in writing of the amo~nt due and payable here~ndrr and such sum shall thereupon be due and i Fayab!e on the due dare of the next month:y payment and eac!~ successive month thereafter ur,til mortgagee sfiall not~fy mortgagor of a change in such a-~ou~t. Such s~ms sF.aii be applied by mortgagee toward the payment of real property ta:es, insurance prem:ums, a~x! mortgage guaranty insurance ! eremiums. • i IN \41TNES5 YlHEREOF, the sa~d MORTGAGOR has hereunto set his hand and seaf the day and year first afwesaid. ~ Siy Sealed and delivered in rhe P.esence of: fIlEO AND AEGpR te ~ ^lc~ • . p .~~~,~o.. iT. WCIE COUMIY ~LA. ~q ROCER PdITRAf ~~n ~ - ~ CLEAK CIRCUIT CQURT a ' RECORD YERIFIEO...., (s~+n t ~ ~T' cse.n ~ . STATE OF flOA1DA ~ 1 IO 34 AM r ~ sr. wciB 2 07 2~ ~ couNn oF ~ Befwe me pcnonally appeared Silli~ M. /~~f ~ a SiQ91@ A~lt X~L ~ ~ to me well known and known to me to be ~ the individwl~ deuribed in and who executed the fortyoing in:trument, and acknow{edged befote me that ~F~ executed the same fw the purposes ; rherein expressed. ~1~1~iC `.~g w~r r ' ~ ~ ~ WITNESS my hand ~nd officul scal thi day of ril A D. 19 71 s / ~ i ~ Notsry Public in and (w the Sute of fbrida at l~rpe ~ ; My Co ~s ~on expirei: ~ Retum To: ~ ~ ~ ~ ~5 . ~A~ PUBLIC~ SYATE Of F'LORlQI1 AT first Federal Savings a loan Associat~on Z.-' -.'•'3 '4~ ~ C~MMIS'_'17N ~(PIRES ~E ~ ~NDED fHRU FRED W, u, E~~ 1~3 s 01 Fo~t P,erte. ~ . "~t~~ ~i'•, ~T ~ . ~ fort Pee.ca Flor~da a~ •L Ci ~sl:= i L, ~ _ ~ 4~~ : r~ ~ ! ' ' _J' - :i.~ - . This Instrument Prepared By John ;d. E61~~;',~ - First Federal Savings b loan Association _ of Fort Pierce ~ Rlotida - %.;~~/1 • ; : ~ Checked By _ . • ~ ~ OR ~ ~ooK ~91 1545 ~ r^~ a _ - ~ ~ . _ - _ . . _-~r:.: