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To place and to~tinuously keep on the bui:dings now w hereafrer s~~u~te on sa~d ~and and an a~l cq~ip~.,ent and pt:rsona~iy covered by lhis mortg~ ps, with all ptemiums ~hNeon pa~d in fuil, tire intuiance in tt us~al stat~derd po~~cy form, i~ a s~m aHpr~.cd b~ ~hr tdVR~GAGEf, a~;d wintlstorm iniuronce in the u~ual s~andard poi~cy to~m, in a sum approved b~ ~?+e MORTGAGEE, i~ su:h co~npany or co~npan~es as The MOk1GAGEE may direth a~d all firs and winclslorm insuronte po~icies on any of smd build~ngs, any interzs~ tFu~cin er pa~t thr~euf, in the aggrrga~e s~m aforesaid o~ In extess thereol, thall contain ths usual standard mortgagee dause or such other dause as Ihe Mo~:yagee may ~equ~re, mak~ng the ~oss ~ndar sa~d puli- ti~f, eath and eve~y, payable to said MORTGAGEE as ~~s interet~ may appea?, arx! each and every such po:icy shail be promptty ass g~~ed a~~d deG~ered ro ~ny he~d by ~aid MORIGAGEE as further sewrity to said mortgage debt, ar,d, no~ fess than +en {10) days in ad.~~~ce of the expirat~on of encF. policy, lo dr liver ro said MORfGAGEE a renewal thereof, togethsr with a receipt (or the premium of such renew~'; and there iha;l be no f,re o~ v~~~~~ls~o~m insurance plKed on ~ny of said bvildings, sny intereit therein o+ part thereof, untess in the (o~m and w~~h the toss payable as a4oresaid; and in ti,e eve~t any sum of money becomes payable~~ such pol:q w poGues said MORTGAGEE shall have the oNt~on to recei.e ~~~d app'y the sa~~~e on accoun~ o( the i~~debtad~ ness secured hefeby w ro permit ia~d MORTGAGORS ~o rcceive and uu it w any p.,~~ thr:~w1 fo~ o:h~:r os~•s, ~h=~~:>r ~"+PU~~- inp any equity, lien or righ~ unde~ w by virtue of this mortgage; and i~ thc event sa:d MORTGaGORS sh.ll fo~ any ~eason la~f to keep rhe ia~d prem~ses so ins~red, w fail ro deliver promptly any of said polKies of insurance to said MORTGAGEf, or f~~l prompfly to pay fu~ty any prr"~urn thcretor or i~ a~y _ ~espect iail to perlwm, distharge, execute, elfect, completn, comp~Y wi~h and abide by th~s covenant, or any par~ he~eo(, sa~d MURIG.~GEE may p~ace ano paV (w suth insurante or any part lhereof withouf waiving or alfecti~g any op~~on. ~ien, equ~ty, or ~~gh+ under or bv viitue ol this Mo~tgage, and the full amount oi each a~d evtry sath p~yment shall be immedistely due and payaUle and sha11 bca~ intercit fro~n tha date thercoi until pa~d a~ the rate o1 nine per centum pea annum and together with such inte~est shaN tx secured by Ihe lien of this mortgage. 1. To permit. commit a sufter no waite, impairment or dete~~oration of said property or any part thereof. S. To pey ~It and singv{u 1M tosts, thargef and eapanses, iretluding a reasonable atrorney's fee a~d coi~s of abstracts of t~tle, inc~~~ed or pa~d a~ aoy time by said MURTGAGEE, because or in the eveM of the fa~lwe on the part ot the sa~d MORTGAGOR ro duiy, prc,n,ptly and fu~~y pcrfo~m, ducharge. execute, eifect, complete, comply w~th and ab:de by each and every ~he stipvlahons, agrec~»ents, cond~r~ons, and cover,anrs oi aa~d p~o'n~~10Iy ~wre a~d ~h~~ morlgape any oi ei1Fx~, and sald costa, charges and expenses, each arxl eve~y, sha~! be immed~atrly due and payab!e: whe~her o~ not ~hero be nor~ce d0. mand, attempt to coliect or suit pend~ng; and the (ull amount of each and every wch paymeM shail t,ea~ inrcres~ from the date the.eof umil paid a1 ~he rate oi nirte per ceotum per an~wm; arx! all said costs, char9es and rxpar.se: incurrrd a pe~d, toye~her .~eh svch ~~~~erest, shall be secured by ~ne I~en of th~• mortpsge. 6. That (a) in the eveM of any breacb of this klortgage or default o~ tha part of it;e MORiG/1GOR, o~ 'U? :n fhe event any o( sa'd sums of money herein referred to be nol pranptly and lully paid within th~rty ~30) days nenl air_~r the se~>>r seYera'ly Cecwne due and payeute, w~~lwut demand or nonce, or {c) in the evem each and every the stipu~ations, agreemeNS, cond~t~ons and covenan~s o! sa d~.~o:~~~ss~:y ncf~ ar.d eh s nwrrgage any or enner are nol ~uly, pranptly and (ully performed, d~uba~ged, executed, effected, complet~d, compl~eci w~fh and ab~dvd Sy, ~hen m e~~her w any such event the sa:d ag gregate svm mentioned in said promissory note then remaining unpa~d, with interest aur~ed, and a.t mon. ys srturec! hereby, shati bc~come due a~d pay- able forthwith, a thereat~er, at the option of said MORTGAGEE, as fully ar,~ complere~y as ii a~l of +he s~~d svs.,s of mcney were ong~natly s~~pu,ated ro be paid on such day, anything in sa;d promissay note or in this Mortgage to the comra.y no~.v~Thstand~~.g; a~,d ~ncrrupon or ~i~r~ealtrr at ~he oy~~a~ oi said MORTGAGEE, without nonce ot demand, suit at law or in equity, Ynerefore or It~ereafter begun, may be prosecuted as if aH moneys secured hereby had matured pr~w to its ins~itutwn. ~7. That in the event that at the beginning of w at any time pend~ng any su~t ucon tF~is Mortgage, o~ to foreclose ~t, or to reform it, or to enforce payment of any daims hereunder, said MORTGAGEE shall app~y to the Court havmg ~~r~sd~c~~on thereo! tor Ihe appo~rirne~~ of a Rece~+er, svch Cour~ shall fwthwith appoint a receiver of sa~d mwtgaged property all and s~ngular, indud~ng ai! and s,~~g~iar ~t~e ~nco~~ze, p~oini, ~ssues a~d rev~~n~es from whatever source derived, each and every of wh~ch, ~t being express!y undersrood, is F.ereby morrgaged as ~f spec~f~cai:y sei iorth and deacnGrd in the gronnng a~d habendum clauses hereof, and such Receiver shatl have all tfie b~oad and effective funct.ons and powers in a~yn~~se r~~trust~d by a Co~.t ro a kecei~er, and tuch appoi~tment shall be made by such Court as an admitted eqvity a~d a maiter ot aLsotute nght to sa7d A10RTG~GEE, and w.:hcu? reference to the adequacy or inadequacy o~ the value of the property mor~gaged or to the so•vency er ,nsc:Yency ol sa~c{ MORiGAGOR or the defendants, and ~ha~ such rems, profits, income, issues and revenues shall be applied by such Rece+ver accord~ng to the lien or equity of sa~d MORTGAGEE and the practice of such Coutt. ~ 8_ To dvly, promptly and fully perform, discharqe, execute, effecf, comp:efe, comply w~ih and abide by each and every the stipu!ations, agreements, conditans and covenants in sa~d promissay note and th~s mo~tgage set {orth. 9. That in Ihe evenl the ownership of the mortgaged prcm~tes, or any part thereof, betomes vested in a peison other than the MORTGAGOR, the MORTGAGEE, its successors and aas~gns, may, without notite to the MORTGAOR, deal with svch successor w successor in in~erest with reference to thia mortgage and the debt hereby secured in the same manner as w~th ldo~tgagor withaut in any way vit~ating or d~schargmg the Mcrtgagori liabitity here~ under or upon the debt hereby secured. No sate of the prem~ses hereoy mortgaged and no iorbearance on the part of the ?1:ORIGAGEE or its successo~s or ass~g~s and no ex~er+sion of the time for the payment ot the debt hereby se~u~ed g~ven by the lhORTGAGt~ or its svccessors or ass:gns, a~~a(I operate ~o release, d~xharge, modify change o? affect the orig~nal liab:iay of the MORiGAGOR he~e~n, either in who:e or in part. 10. It is speufically agreed that time is of the essence of this contract and that no wa~ver of any o6l~gat~on hereunder o• of the abligation se- cured hereby shalf at any time thereafter be held to be a waiver of the terms hereof or of the instrument secu~ed herby. 11. In add,t;on to the fwego"ng momhfy paym~ms of princ pal and inre:cs~ requ~red by the p+cro s>c~y no~e sacu•ed herebf, mortgagor covenants and agrees to pay to mortgagee v~ith each monrhiy payrnent an add~r~onaf s~m es~~n,afed by mo*tgagee to t~e equal to 1 12 of sl~e an,iuat cost of the fotlow- ing: A-AII real property ta:es levied or assessed against thc above described real estate. 8-Pr:.rr.~u~ns on fire and windstorm insurac~e as herein requ:red to be carricd on the :r:preverne~ts s;tvate on thc above described premises. C-Prem~ums on such mortgage guaranty insurar,ce as morrgagee shaif from r~me to time deem fit to carry on the toan secured hereby_ 'I Morigagee sha+i from time to time ~oti(y mortgagor in writ~ng of the a~~ou~t d~e and payable hereunder and svtFti Su~~ shai; thereupon br d~e and Fayabte o~ the due date of the next month!y payment and each s~ccessive month thereaSter ur.!i: mcrtgagee shail not;fy mo+rgagor o4 a change i~ such amounr. Sucfi s~ms sha:l E+e app:ied by mortgagee toward the payment of rea! property taaes, insurance przm,~ms, and mortgage gua~anty insurante premi~ms. IN ~'~1TP~ESS WHEREOF, the said MORTGAGOR has hereunto set his har,d and seal the day and year lirst afo esaid. Si9~ed, Seakd an livere in the presence of: ~ ~ (Seal) Mo ra DaV1S ~~a~~ ~ (Seal) oren e McGee av ~~ai~ STATE OF FIORIDA ~ St . Luc ie COUl~TY Of ~ Before me perwnally appeared Mont ra DaV 15 a~ Florence McGee ~V13 h~s w~(e, to me well known and known to me to be the individuals described in and who executed the foregoing instrument, and acknow(edged before me that they eaecuted the same for the purposes theroin expressed. And the said FIO Z~T1Ce MeGee ~8V1S w~ie of the iaid Montra ~V15 ~ upon a sepa.ate and pe~v~t~ exam~nstion by me taken uparate and apart from her said husba~d, acknowledged to and befo~e me that ahe executed said instru~nent 4eet~: ar~ v01un- raniy and w~rhwt any compulswn, constraint, apprehen~oc, or fear of or from hcr said husband. „ aC WITNESS my hand snd official xal this-_ ~ _ day of__ _-__S~ ~ ~'A.~ b. •19~11 . ~ • a~~ ~ -'T-y.'~'_ No ary PubGc in and i t Staf~ oC'fJori~f 11 lnpe' - • My Comm~ssion expires: = • - _ Return To: - ~ ' , • ~~~;t w,f :,~K~C° - First federsl Saving• 8 Loan Associat~on t.= ~ . : ~ ~ ~ = ~ ' f~ Ot Fun P,erce. . _ . ` • ` Fert P~erce, Florida 3' ~ -7S ~ (P,' _ f)~EO AND P,ECORDEO - This Instrument Prepared By Richard K. Kayes ST. ~UCIc COUNTIr F~~. First Federal Savings b Loan Association ROCEP. POITRAS CiERK CIiCUIT COUIIT of Fort Pier e rida RECORO VERIFIEO~,,,~~ o~ Checked By y~E~ 3 ~ s~ 1~~~ I~~~ ~oor.195 ~~0~ 2~5134 : _ _ _ . ~ . ~