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To piaca and continvouity keep on the buitdings now o~ hereefter siruare on said land and an a!1 eqv~p~renr and personaily cove~ed by this mwtg- ~gs, wilh all premiums thereon pa~d in (ull, f~ro insurance m ihe usual siarw~ard poGcy fo~m, in a s~~n aFprcved by ehe MOR~v:+GEE, a~~d w:n~storm i insurance in ~he usual s~andard pofcy iorm, in a wm appWvrd by ~he MORTGAGEE, in such canpa~y . o~ co+npanies as the AtORTGAGEf may direct; snd all firs and windstorm insurance polic~ea on any of sa~d build~ngs, any iNerea~ therein or parl thereof, in Ihe agyregare s~m aforesaid w in excet~ Ihereof, tMll conlain the usual ~~andard mwrgagee clause w such othe~ clause as the Mo~tgayee mry requ~re, ma?ing the bss under s.~~d poli- ues, each and every, payabl~ to said MORTGAGfE as its interest may appear, and each and every such po:;cy ahaU be pron,pYy a~s gned and detivercd to ~ sny held by ssid MORiGAGEE ~s funhe~ sew~ity to said mortgage debt, and, not les~ than ten (10) days in ad~a~xe of the explrat~cn of each po6ty, ?o de- live~ to taid MORTGAGEE a renewal the~eof, togsther witA a receipt for Ihe premwm of such ~enewal; and the~e shail be rw f~re or w~~~dsrorm ~nsurante p~xed on any of said bvildings, any inle~est the?ein or parl Ihercof, unless in ~he form and with tlie loss payable as afo~e~aid; and i~ the event any sum of money becomes payable unde~ iuth poliq oi pol~cies iaid MORTGAGEE shall have ihe opr,on ~o rrcc~v~ and apHly fhe sa~ne on accouni o( the indtbted~ nli3 setured ?~ereby W 10 plrmil ~aid MORT('sA~R$ f0 fKBivO irK~ uie if O~ dny pa~t the:~~Of tor o;i~•_~ ~;~r~ ~irs, ~~.~rh~~t th U/ •.Yd~~l i3 ot unp,.ir- iny any equ~ty, lien w right ~ndtK a by virtue o} this mo:'gage; and in the event sa:d MORTGAGORS shall ta any reason fail to kcen ~hc said prrmis~~s so ~~sured, o~ fafl ro deliver promptly any of said poliues o1 insurance to sa~d MORTGAGEE, o~ fail p+om}-,:fj~.,+{0 pay fui:y any pre«~~um ehere~o? or in any respect fai! fo perlorm, d~stharqe, execufe, e(fect, complete, comply with ~nd abide by this covenant, or any pa~t hereoi, said MORTGAGEE may plate a~~d pay fpr tu~h insura~ce o~ any parl lhereof without waiving w affeding any oplion, lien, equity, or right unde~ or by virtue of ~his /.1o~Igage, a~d the (ull a~novnl of ~ach and every itich paymcnt shall be immediately due and payable and shal! bear imeres~ from the date thereof un~il pa~d at the rate oi j nin0 p!f CMturt1 p!f annum and fo~e~her with auth interest ahali be secured by fhe lien of this mwtgage. 1. To permit, commit p suf(er no waste, impairment w deterioration of said property o? aoy paH the~eof. 5. To pay al) and siogular the costs, tharges and expenses, includ~ng a reasonabte attorney's (ec and costs of absr.acls of titte, inc~ned or patd at any time by said MORTGAGfE, because w in t1k event of rhe faiiure on the pa~t ot ~he said MORTGAGOR la duly, pranptly a~~d fu11y pe~lorm, d~scha~ge. exetute, ef(ecl, compkte, comply wdh bnd ab:de by eath and every the s~ipvlauons, agreen,ents, tond~tions, and tovenants of sa~d pro•n~ssory note and this mortgage any or ei~her, and sa~d costs, charges and eapenses, each and every, shalt be immediatefy due and payable; Mhether or not ~hefe lx nonce da mand, ~)templ to collect or suit pend~ng; and the full amo~nt of each and eve.y such paymem s1 aIl bea. interes~ irom the date thereol until paid at the rate o! ~ine per centum per annum; and all said tosts, charges and expenses inturred or paid, toycther w+th wch interest, sheil be secured by tAe :~en of th~s mortpaye. 6. That (a) )n the even! of any breach of this Mortgage or de?ault or~ the part of the MORTG~IGOR, or ;b} in the event sny of sa'd sums of money herein referred to be not promptly artd fully paid within thnty (3p) days ~ext afte~ tt~e same severaity become due and payable, wi~?wut demand or notice, f cr (c) in the event eath ~nd every the sNputations, agreements, condirions and covenants of sd,d p~o~»lsso~y note and th.s mortgage any o+ either are not i iuly, promptly and (ully perfwmed, discMrged, executed, effected, tompleted, compl~ed wifh and ab~ded Sy, then in either or any such even~ 1he sa~d ag gregate sum mentioned in said promissory note lhen remaining unpa~d, with interesl accrved, and att moneys secured hereby, shall becwoe due and pay- eble forthwith, or thereafter, at the option of said MORTGAGEE, as fully and completely as il all of ttsr said sums of rnoneY were or~gina:ly st~pulated to be pa~d on s~th day, anything in said promisswy ~ot~ or in this Mwtgage to Ihe contrary ~ot~v:thytandipp;;-etk}`1~ierc~itfrt DTtficieafter at the op~~on of sa;d MORTGAGEE, without notica or demand, sui! at !aw or in equ~ty, therefore or thereafter 6egun, may be prosecuted as if all moneys ~ecured hereby nad maturcd pna to ds institutiw~. 7. That in the eve~t that at the beginning of o~ at any time pend~ng any su~t upon this Mortgage,~o~ to (wectose' it, dr to reform i~, or to enforce paymeot of any da~ms hrreunder, said MQRTGAGEE shaN apply to the Cou.t having junsd;a~~ th*rep! for ~he appointment of a Receiver, such Court shali forthvvith appoiM a receiver of said morlgaged p?operty ail and singular, ~ndud.ng atI and s~ng~lar the in~ome,"prof~ts, i:s~es and revenues Irom whatever source de~ived, each and every qf which, it being expressly undenrood, is hereby mor~gaged as if spe~tt~c~H~rset forrh arsd descr~bed in rhe granri,og and habendum dauses hereof, and such Receiver shall have all t6e broad and eHective (unc~,ons an~'powers i~ ;r~yrrise entrutted by a Court tp a Receiyer, and s,ch appointmenl shall be made by such Court as an admitted equity and a matter oi absolute i~gM1~`td QAO i AG~E, a~d wnhout reference to the adequacy w inadequacy of the valur of the properry mortgaged o~ ro the sowency or insolvency`ol-~iet~~lf~~~¢'-or :the dete~dents, and ~hat such rc~~s, profits, income, iuues and revenues shall be appGed by such Receiver accordmg to the Gen br'equ~~y of Ta~d MORTGAGEE and tF~e prac~ice of such Courf. 8. To duly, promptly and futly perform, discharge, executt, effecl, compfete, cort,ply with arrd ab~de by each and every !he stipu:atians, agreements, ' conditions and cove~aets in sa~d promiuwy note and this mortgage set iwrh. ! 9. That in the event the ow~ership of the mortgaged premises, or any part thereof, becomes vested in a person otF.er than the MORTGAGOR, the , A10RTGAGEE, its successors and ass~gns, may, withoW no+ice to the MORTGAOR, deai w~th such successw or s~cce:sor iri inrerese with relerence !o lhis + m~ngage and the deb~ hereby secwed in the same manner as with Mortgagor w~thoW in any way. viuating or d~scF.arg~ng the Mortyagois' liab~lity herr ` under or upon the debt hereby secured. ~~o sale of the premises hcreby mortgaged ar.d no forbeara.,ce on Ihe part of the fAORTGAGEE or its suctessors ( or ass7gns and no extens+on o! rhe time fa the payment o1 the debt he~eby setured given by the MORTGRGE~ o~ its wuessors or ass;gns, ahal! operate ~ ro release, d~scharge, modity charsge or affect the orig~nal IiabiGty of the MORiGAGOR herein, either in whole or in part. ~ 10. It is speci(ica~ly agreed that time is of the essence of this contract a~d that no waiver of any obligat~on hereunder or of the obligation s~ cvred hereby shall at any time tf~ereafter be held to be a waiver oi the terms hereo! a of the instrument setured herby. 11. !n add~tio~ fo tke fwegolig monthly payments of princ'pal and interest required by the prom!ssory no!e secu.ed hereby, mortgagor covenams and agrees ro pay to mortgagee wirh each monthly payrnent an add~i~onal sum esr~mared by mortgagee to be equal to 1. 12 of the annva! cost of the fofiow- inq: A-Att real prope.ty taxes levied or aszessed agai•ist nc~ above described real estate. B-Prem.iums on fire and windstorm insurar.ce as herein requ.red to be carried on the improvements situate on the atwve de:critxd premises. C-Prem;ums on such mortgage guaranty insurar~ce as mortgagee shall from t~me to time deem fit to carry on the ~oan secured hereby. Mortgagee shail from time to time netify mortgagor ;n writ~ng pf the arrouht due and payabfe hereundar and s~ch sum shall there~pon be due and cayable on the due oare of the next month;y payment and each successive month thereafter ur,til mortgagee shall notify mortgagor of a change in such a^.ount. $uch wms sl~a:i be applied by mortgagee roward the payment of real prope~ty taxes, insurance prem:ums, and mortgage guaranty insurance eremiums. ~ IN WITNESS WHEREOF, t e said RTGAGOR has hereunto set his hand and seal the day yea irst afwesaid. ~ Signed, Seafed and rver in t p?rsence o• - an (Sean - Seal) Seaq STATE OF FIORIDA ~ ~ ~rJUNTY OF Str• I~1C~6 ~ Befwe me penonally appeared J• T~8[1g8trOll W~1~8bq Sh r~ R R Wil] 1 s~ his wife, to me well known and k~own to me fo be F ~~-individuals descr~bed in and who executed the foregoing instrumeM, mid acRnowtedged betore me that they executed the same for the purpose~ ! therein expresxd. And the ssid Shirlep R. ~iillistas .?~Fe of the said pon ~d'pnwt~ e.am~nsYwn by me taken separate and apart from her said husband, scknowledged to and before me that ~h9'ex~uted sa' ~n~tr ~.yp~yp. rar,ty and w~thout any compulsion, constra~nt, appr h s~on, or fear of or fiom her said husband. } ~ ~ se ` ,~e ~ ~ ~.y ~ f ~ WITNE55 my hsnd and offidst ual th~s day of_ ' ~~.D; •1~~ . ; . r f ~ i Motar Publit in end fprGthe tat! o~ ~Iq' N ~r ~ ; i ~ _ ~ ~ My mmission expires: : ~ : = ' Returo To: _ s_; , V ~ ~ ~ _ ~ . Finr Fedenl Saving~ 3 loan Aswc~at~on ~ qK ~ ' ' ' ~:.fi, ~ .j~ <<' Of Fort P;erte. ~ s ~ ;:~cr~. ~t3~T~,f 1F~/;~~~'~~~l~~ b~ _ Fort Pierce. Flo~ida - , i i~.~551.0 ~ , 'Gi:~. ~ ~-~-75~ This Instrument Prepared By J. D. Chastain f+t~e ~yo ~ECOROEO ~ First Federal Savings ~ loan Association St.IUCiE COUNTY FtA. ROCER FOITRAS of Fort Pierce ~ F102'id8 CIFiiK ClRGWT COURT Z~Gn RECORD VER~FIEO ~,lJ"" Checked By _ S~ f 3 I s~ PM'7 aooK 1y5 PACE 1592 ~,s - ~n~~~~ - . . _ . _ . . . : _ a.~~~'`-~ `