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To place and contin~ously keep on the bui'dings ~ow w hereafter ~ituate o~ said land and on al{ equipment ~nd perso~ally covered by ihis mortg- ag~, with all p~emiums Iherton pa~d in full, lire insurance i~ ~he usual standard po~ity form, in a sum approved by 1he N10RtGAGEE, ~nd windstorm insur~nce in ~he us~al stsndard pol~q form, in a sum approved by ~he MORTGAGEE, i~ such company o~ canpan~es as the MORTGAGEE may direcr, and all fir~ and winds~orm insurance policies on sny of said bu~ld~ngs, any i~~e~eat therein w part Ihereof, in thd aygrega~e tum ~faetaid a In exceu thereof, ihall co~tain ~he usual s~andard mai9ages clause a iuch oihe~ clause as ~he Mortgagee may requ~rs, makinp the lou undc. sa~d po1F de~, each and evcry, payable ro said MORTGAGEE as iti intereil may appear, and eath and every such policy shatl be promp~ly ass gned and delivered to •ny held by s~id MORTGAGEE as 1ur?her seturity to said mo~tgaye debt, and, no~ less than ten 1101 days in advance of the expiration of each pol3cy, to da I~ve? to said MORTGAGEE a rencwal thereof, topether with a rece~pt fw the premium of suth renewal; and there shall be ~o f~re or winds~o~m insuronce pla~ed on any of said buildings, any interest therein a part thereof, unleis in the form and with the loss payable as aforesaid; and in Ihe event sny tum of money becorr+es payable under such poliq a po~icies uid MORTGAGEE shall have the op~ion to receive a~d apply ~he same on accounl of the indebted~ ness iecwsd hereby a to permit ~id MORTGAGORS 1o rtceiv~ and uss it w any part the:eof for othcr purF~oses, v.ithout iharro~ wai~~~~g or ~~npair- irg any eqvity, lien ot righl u~der ot by virtue of this mo::gage; and in Ihs event said MORTGAGORS shall ta any reason fail to keep the said {uemisca so insured, or fail b deliver p~omptly ~ny of said policia of iniuroncs to ~aid MORTGAGEE, w fail promptly to pay fulty any premium therefw w in a~Y respect f~il ro periorm, d~scharge, executs, eiFect, comp~ete, comply with and abide by this covenant, a any pa~~ hereof, said MORTGAGEE may pi~ce a~d pay ia tuth inswance a any part thereof without waiviny or a(fecting any option, lien. eqvity, or righ! unde~ or by virtue of this Mo~tyage, +nd tht full amount oi exh and every such payment shall be immediately due +nd p+Yable and shall bear interest from tF~e date thereof until paid at the rete ot nine per centum per annum and together with such i~terest aFwli be secured by tha lien of this mortgage. 4. To pe~mit, commit w suffer no waste, impairment o~ deteaioration of said property a any part thereof. 5. To pay all ar+d sinpular the costs, charpes and expe~ses, including s rcasonable atrorney's fee a~d costs of abs~~acts o( title, incurred w psid at eny time by said MORiGAGEE, betause or in the evenl of the (ailure on the pa~t of the said MORTGAGOR to duly, promFtly snd fvlly perform, d~uharge. execute, effect, comp~cte, comply w~th and,ab;de by each and evmy the stipula~~ons, agreements, conditions, a~d covenants of said praniswry note and this mwtgage any or e~~hr?, and sa~d costi, cha'rges and expenses, each and eve?y, shall be immed~ately due and payabte; whether or not there be no?ice d~ mand, attempt to collect or auit pend~ng; and the full amount of each and every suth paymeM shall bea. interest (rom the date thereof until paid al Ihe ra+e o4 nine per centum pe: annum; and all said coats, charges and eapenses incurred o~ paid, together w~th such interest, ~hall be secured by the lien of th~i mort9sye. . 6. That (a) in the event of aoy breach of this Mortyage or defautt on the part ot the MORTGAGOR, or ~b) ~n the event sny of satd sums of mo~ey hetein referred to ba not promptly and f~lly paid within th~rty (30) days next after the same severa!ly becorne due and payabte, without dtmsnd or notice, or (c) in the event eech and eve~y the stipulations, agreements, tond~tions snd covenants oi sa;d pro~n~swry note a~xJ th~s mo~tgage any q ei~her •re not iuly, promptly end fulty perfwmed, d:scharged, eaecufed, elfec+ed, completed, complied with arul ab~d~d by, then in either or any such event the uid a¢ gregate wm mentioned in said promisswy note then rema~ning unpa~d, with interest accrued, and atl moneys secured hereby, shall become due and pay- able forthwith, a thereafter, at the option of sa~d MORTGAGEE, as fully and completely as it all oi the sa~d sums of money were a~ginally st~pulated to be pa:d on such day, a~yth~ng in sa:d promissory note or in this Matgage ro the contrary notwithstand~ng; and thereupon or the~eaftcv at the op~~on of sa;sf MORTGAGEE, w~tho~t notice or demand, suit at taw w in eq~ity, thereFore or thereafter begun, may be p~osecuted as if all moneys setured hereby had matwed pr~a to As inst~tution. 7. That io the event that at the begi~ning of or at any t~me pend~ng any su~t upon this Mongage, w to faeclox it, or to reform it, or to enforce payment of any claims he~eunde?, uid MORTGAGEE shatl apply to thr Court having ~urisd;ction thereof tor ~he appo,ntment of s Receiver, such Gourl ahall forthwith appo+nt a?eceiver of said mortgaged prooerty all and sing~lar, includ.nq atl and s~ngular the intome, proGts, iuva~a~d ~eveoues from whatever so~rce de~ived. each •nd every of wh:ch, it being expressly unde~stood, is hereby morfgaged as if spec~f~cally set forth and deW~bed in the y~anting and habrodwn ctauses hereof, and sucF~ Receiver shat~ have ~ll the b~oad aad effecr~ve funct~ons and powery in anywise entrusted by a Court to ~ Receiver, and ~ s~ch appointment shall be made by such Court as an admitted equ~ty and a maner of absolute right to said MORTGAGEE, and witFwut relerence to the ~ adequac~ or inadequacy of ~he vaiue of tF~e property morrgaged or to ~he so~vency or ~nsoh~ency of said MdRPCaAGpR o~ the defendants, and that such rents, ptofits, incwne, issues and revenues shall be applied by such Rece~ver accord~ng to the lien or eqvity o( said MORTGAGEE and the ptactice ol such CouA. ' 8. To duty, promptly and fully perfwm, d~scharge, execute, effect, co~r~plete, comply with and ~b'~de by each and every the stipulations, agreements, conditio~s and covenanri in sa~d promisswy note and this mortgage set forth. 9. That in the event Ihe owncrship of the mortgaped prem~ses, or any part the~eof, becomes vested in s perso~ o~her 1hM The /1~ORTGAGOR, the MORTGAGEE, its successors and assign:, may, wi+hout ~otice to the MOR7GAOR, deal w~th suth success«•w svccessa in interest with reference to this i mortgage a~d the debi he~eby secured in the same manner as with Mortgagor wrthout in any way vit~ating or d~xharging the Mwtgagori liability here- ' under a upon the debt hereby secured. No sale of the prem~ses hereby ~wrtgaged and no iorbearance on the part of the MORTGAGEE a its sucteswrs f. or assigns and no exrension ot the nme fw the payment of the debt hereby secured given by the MORTGAGEf or its successor~ ot sssigni, aMfl operate ro rclease, d~scharge, mod~fy change w affect the orig~nal Iiab:Gty o) the MORTGAGOR he~e~n, either in whole or in part. 10. It is sceC~fically agreed that time is of the essence of this co~tracY and that no waiver of any obGgation hereunder or of the obliystan se- c~~ed hereby shali ar any time thtreatter br he:d to be • waiver of the terms hereoi or of the instrument setured herby. 11 _ In add t,e~ to the forego n9 mon~hiy payments of prmc pat and interESr requ~red by the prom ssery no'e secu~ed hereby, mortgago~ tovenants a~~d agrees to pay fo mortgagee w~th each mo~rh~y payr::ent an add~~~onal sum est:ma~ed by mortgagee to be eq~at to 1 12 of ~he ann~al cos~ of the follow- ~~.g: A-All real property tsaes lev~ed or assessed agai•ist the above described real estate. B-Fre~:~u~ns on fire and w~ndstorm ~~surar.ce as here~n ~equ~red to be carried on the ~mprovements situate on the above desuibed premises. ~-Prem~:,ms on su<h mortgage gua+anty ir.suror~ce as mo+tgagee ahall from t:me to tirne deem fit to carry on the loan secured hereby. Mortgagze sh>_~! ~~om r~me ~o nme nor~fy mo~tyagor ~n w~~t~ng of the amoum due and payable hereundrr and such s~m shalf Iherevpon be due and I ~a~able on thr due dare of the ne,et monthiy payment and each successive monrh thereafter uctil mortgagee shall notify mortgagor of a change in iuch ~ a~~ount Such svms sha:t be apF-•;ied by mortgagee towa~d fhe payment of real property taaes, insuronce prem,ums, a~xl mortgage guaranty insunnce ~ n*emiums. ~ IN~51iifQFSS'IItiNEREOF, the satd MORTGAGOR has here~nto set his hand and seal the day ar first afwesaid. S~gned, Ses! and de!~v ' the p.exnce of: ' f IlEO AND ~tECORDEO an ~ sT. ppCER ~0 TRAS ~A Vin n rso cse.q ~ CLERK CIRCUIT COU ~ ~~~n - - IIECORO VER~FIEO g ~ Capv~ergo ~Seaq SiATE OF FrOii~+! ~ ~ ~S ~ COUNTY Of ~ T~ ~ `V C~~ ~ ~ ~Z~~~ befwe me personally appeared Vi nr_pnt ('.nnvr~t,an ~nd ~C~e Gonverao his w~fe, to me welt known and known to m~ to b~ the individwb described in and who execute~d the foregoir~ inslrume~it, and acknowtedged befo~e me that they executed the sartx for the purposes thercin exFressed. And the taid- - $~dl@ Converso ++~~e oi the sa~d - - V].Z1C6At. riOllV@Y'30 upon e iepants ~~+d prirat~ e.am~nst~on by ir~e taken upa~ate and apart from her said huaband, atkrawledged to end before me that she executed said instrvment freely ~nd volurf ra~dy and w~thout any camp~ls~on, constralnt, •pprohens~on, or fear of o~ from her said husband: fi WIiNESS my hand and offfcual sral this_ _ day of_ _ A~l~st A. D. 19~_ ~ ~ ~ mary PubGc in end for the S~ate of ~~t~Qe~., ~ My Comm~~sion expites: l • . Re~~rn To: cs r; Firs~ Fedenl Savings S loan Assouat~on ~j 0} For~ P r'ce. N~~ ~ • t ~ . . - ~j 1 Fort P~t~ce. ftvr~di ' f : = Ci K. ~~11 R~. ~ , : , , ~~y . ` ~ 3Q197? t , ~ r . • ~ This Instrument Prepared By ~chard K. Kayes First Federal Savings d~ Loan Associat~on 3_ 3C+ - 70~ ~~"r • of Fort Pierce ~ F1pr~ida t Checked By ' 8~~~ ~y5 364 l~ 3 _ __.--_µ.x - _ _