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To place and continuously keep on the bu+!d'+ngs now or hereafte~ ~iiuate on sa~d land and on ali equipment and personally covered by Ihis matg- sge, with all premiums thereon paid in full, fi~e insuronce in the usual sta~xlard policy form, in a aum approved by the M~RtGAGEE, and windstwm insursnce i~ the usual slanda~d policy fam, in a sum approved by the MORTGAGEE, i~ such company or tompanies as the MORTGAGEE may dfrect; ~nd al! firs and w~ndsrorm inwraece policiei on any of sa~d build~nys, any interea~ therein or part thereoi, in the aggrega~a sum aforesaid or in excess thereof, shall contain the usual standard maigagee clause or such qther clauss as Ihe Mortgagee may ~equ~re, making ~he Ioss under aa,d polt ctes, each and svery, payab~e to said MORIGAGEE as ~~s intere~t may appear, and each and eve~y suth poricy shall be promptly ass gned a~d de~ivered to sny he~d by said MORTGi1GEE as tu~ther security to sa~d mortgage debt, and, not less than ~en (10) days in advance oi the expirat~on of each poticy, to de- liver to said MORTGAGEE a ~enewal thereof, 1ogelher with e receipt for the premlum of such renew~l; and there shall be no i~re o+ windsto~~n insuronce p~sced a? any of said buildings, any inte~est therein w part the~eof, unlesa in the form and with the lou payabte as aforesaid; a~d in the event any sum ~ of money txceme~ payable unde~ such polity or policies said MORTGAGEE shall have the option 1o receive and apply the same on atcount of Ihe indebted• ness secured hereby or 1o permit said MORTGAGORS to recelve and use it or any part the:eol ior othe~ pwposes, v.iiho~t th_nn~ wal~ing o~ ~mpair- ing any equity, lie~ or right ~nder or by virtue of this mo:tgage; and in the eve~t ia~d MORTGAGORS shall tor a~y ~eason faif to Reep the said premises so insured, w fail to deiive~ prompfty any of said poticies of insurance to sa+d MORTGAGEE, a fail promp~ly to pay fully any pre~nium therefor or in any respect fail to perfam, discharge, execute, effecf, complete, comply wiih and abide by ~his covenant, w any part hereof, said MORTGAGEE may place and pay (w such insurance or a~y part thereof without waiving w sffecting a~y option, iien, eq~iry, o~ right under o~ by virtue of this Mwtgage, and the full amount of each and every sutA paymsnt shalf be immediately due snd payable and shatl bear interest from tha date thercof until paid at the rate ol nine per centvm pe~ annum and to~elher with such interest shall be s~cured by the tie~ of Ihis mortgage. To permit, tommit or suffer no waste, impairment w deterioration of said property w any psrt thereof. 5. To pay all and singulsr the coats, th~rges and expe~ses, inctuding a reasonable attorney's fee and cosrs of abstracts o~ title, incu.red or paid a~ any time by said MORTGAGfE, betause w in the eveN of the fa~lure oe 1he part of Ihe said MORTGAGOR to duly, promptly and fully perform, d~scharge. execute, eifetl, tomplete, comply with and ab~de by each and every the stipulations, agreements, conditions, and core~ants of said promissory note and ~h~~ mortgaye any w eithe~, and said costs, charges and expenses, each and e~ery, shall be immed~ately due and payablr; whether a not there be notice de mand, alte~npt to coI1M w suit pend~ng; and the full amount of each and every euch paymem shall bea. intereat from the da~e thereof until pa~d at the rate of nine por centum per annum; and all said costi, charges and expenses intu~red or pa'rd, together w~lh such interesL shall be sxured by the Iien of thi~ mo?tpags. 6. That (a) in tlx event of any breach of this Mwtgage or delault on the part of the MORTGAGOR, or (b) in the event any of u:d s~ms of money ~ herein referred to be not promptly and fully paid within th~rty (301 days rxxf afrcr 1he same severa;ly become due and payable, winc~~ut demand or notice, ~ er jc) in the evenl each and every the stipulations, agreer?xnts, conditio~s and tovenams of sa;d promissory note and th~a mortgage any or euher are not ~vly, promptly r.nd fully perfwmed, dixharged, executed, effected, tanpleted, complied wiih and abided Sy, lhen in either or any such evenf the sa~d ag g~egate sum mentioneal in said p~omissory note then remaining unpa~d, with iroerest accrued, and afl moneys setured hereby, shall become due and pay able forthwith, w thereafte~, at the op+ion oi said MORTGAGEE, as fully and completgly as if aIl of the said sums of mo~ey we~e or~ginally shputated to be paid oo such day, anything in sa:d promisswy nofe or in this Mwtgage to the conrrary rrolwiehs?andfng; and ~l+ereupon or therea(ter a~ the c+ption of sa;d MORTGAGEE, without notice or ~mand, s~it at law a in equity, the~efwe w thereafter begun, may be prosecuted as if all moneys secured hereby ' nad matured pnor to ~ts institution. 7. That in the event that at the beginnfng of or at any Iime pending any suit upon this Mortgage, w ro fweclose it, oa to ?eform it, or to enforce payment of any tlaims hereunder, said MORTGAGEE shall app~y to the Court having jurisd~ction thereot for the appointment of a Receiver, such Co~rt shail Fo.thwith appoiM a r~eiver pf aaid mortgaged prooerty alI and singular, inclvd,nq aU and singv~ar the income, proflts, issues and revenues /rom whatever scu.ce derived, eath and every o/ which, it be+ng e~epressly understood, is hereby mortgaged as if specif;calty set forth and destribed in the granhng and habendum dsuses he~eof, and such Receiver shall have all the broad and effective funct,ons and powm in anyw~se entrus~ed by a Cau~t ro a Receiver, and s~ch appointment shall be made by such Court as an admitted equity and a rt+atter of absolute right fo said A'IORTGAGEE, and wirhout reference to the adequacy or inadequacy of the value of the property mortgagcd or to the so•vency w~n;olvency oi said. M02iGAGOR or the defendants, and thal such rems, profits, income, issues and revenues shalf be applied by such Rece~ver accord~ng to the lien or-equity of wid MORTGAGEE and the pract~ce of such Courf. . 8. To duly, pror»ptly and fully plrform, discha.ge, ezecute, ef(ect, complete, comply wilh and abide by each and ~very the stipulalions, agreements, conditions and covenanrs in sa~d promissory note and this mortgage set forth. 9. That in the event the ownership of the mor:gaged premises, or any part thereof, ~qnes vesTld in a"person ot}ier than the MORiGAGOR, the MQRTGAGEE, irs successo~s arrd aasigns, may, w;thouf notice ro fhe MORTGAOR, deal w~th ~uch succeuo~ w successor in i~teresl with reference to thia mo~tg~ge and fhc deb+ hereby sec~red in the same manner as w~th Mortgagor vvithout in ~ny way vitiating or d~xharging the Morfgagors' liat~lity herr ~nder pr ~pom the debt hereby secured. No sate of the Frem~ses hereby mortgaged aRd no forbeaiante on the pa» oi the /~10RTGAGEE or its s~ccessors or assigns and no eatension of the time iw the payment of the deb~ hereby secured given by the MORTGAGEf or its successors or ass~gns, a1~a11 operate to release, d~scharge, modify change or aifect the original lia6~l~ty of the MORTGAGOR herein, either in whoie or i~ part. 10. It is spec~ficaliy agreed that ~ime is of the esxnce of this contract and that no waiver of any obl;gat~on he+eunder or..of !he obligaYan se- cured hereby shall at sny time thereafter be held to be s waiver oi the terms hereof or of the instrumeM secured herby. I1. In add.tio~ ta the forego'ng monthly payments of pr~nc pal and interest required by the prom:ssory no!e sewred hereb~, mortgagor covena~ts and ag~ees to pay to mortgagee with each mo~tl~iy pay~nent an add~iio~af sum est~mared by morrgagee to E~e equai to i,' 12 of the annua! cozt of the follow- ing: i A-AU rea~ property taxes Ievied or assessed agai•ist the above described real estate. B-Pren:~ums on fire and windstorm inw~ance as herein req~~red to be ca~r~ed on the tmprovements situate on the abovc dsstribed premises. C-Premiums o~ such mortg:age guaranty ir.wrance as moftgagee shaU from r me to time deem fit to carry on the toan secvred hereby. . Mortgagee s~ait from time to time notify mortgagor in writieg of fhe amoun! due and payable hereundrr aod suth surn shall thereupon be due and ~ ayable on the due date of ~he next monthly paymem and each successive month thereafter until mortgagee sha~l not~fy morrgagor of a change in such s a^-.oum. Such sums sha:i be applied by mortgagee toward the payment of reai property taxes, insurance prem:ums, a~.d mortgage gua~anty insurance i F~remiums. IN ~VITNESS Y1H:R~ F, the sa~d MORTGA has hereunfo set his hand and seal the day and year first aforesaid_ Signed, Sealed an de1 ered i he presence f: fILEO ANO RECOR~ED -~,,.i ~ ST. ~UCIE COUNTr lA. ~~az.a Loretta ac~cne a~n.3o~n~rs`°D ROGER POITRAS ~ Y~ t~~i~ CIERK C1RCUtT COUR - - RECORb VERIFIEO (Sean ~UC 3 i4 PH'~' (Seal) SiATE OF FIORIDA ~o~Nnr oF st. Lucie - . 214659 sera~ ~~,a.,a~iy +~s.~a _ C1ara Loretta Hac ne.y_,, a wido~,r ~ , to me wel( known and 4~own to me to be rhe individua!{ described in and who execuled the faegang instrument, and acknowledged befwe me that Q(aQ executed the same fw the purposes rhe~ein ~x~.~~d. ~ - she WITNf55 my hand and olficief seal thi day o4 A tr ~ ~9~_ u ~ _ Y : : Notary Pu ic in snd for th tate f ' ~ My Commi sion expires: - - • ~ ~`i•,•~ Rerum ro: NOTARY ' `i : • f~~ PUBL~C S;.. v~ fL~JR1Q~~ ' ~ ~ First Feder~l $avings 3 loan Association MY GOAUMI~S'(?.`1 . ; R' • ot Fo~f v e~ce GENERAL ftVSURh...,_ ~P~DERWRI a~ ' T' Fort Pierce, Florida ~dC• ~ r!~ ' ~ ? . 3 - ~ - 7 s 'r- { ~ , ~ i t,'i.•~~~~. This Instrument Prepared By ~ct',ard K. Kayes First Federal Savings b loan Association of Fort Pierce ~ Florida Checked By bo~~ 195 ~ _ : r~ ~ - . ~ , . - - - - - _ = -