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To placs and continuoutiy keep on the bui!d~ngs ~ow w he~eaitar s~~ua~e on sa~d land and on aft equipme~l and pe~sonslly covered by fhis mortg- i ~ge. with •tl premi~mt fAerton paid in lull, fire insurance in the usual standard poGcy fo+m, in a sum eNyro~ed by the A1URiGAGFE, and winditorm insur~nce in the usual itandard po~~ty fam, in ~ sum approved by the MORTGAGEE, in such tomp~ny o? con.pan~es as the MORTGAGEE may d~iett; and aU tirs ~nd wind»orm insurance poGcfes on any af sa~d bv~id~nyt, any in~e,est therein or par~ lhereof, in the aggrega~e s~m aforesaid w in exceu Ihereof, sMll ca+tain the ~swl slandard mwtgagee clause or such othe~ clause as the Mo~~gayee may requ~re, ma~i~.g thr ios~ ~nde~ sa~d pol~ ~ cies, esth ~nd every, payab~e to ssid MORTGAGEE as +h ~nterest may appear, and each a~d every ?uch pot~r~ shalt be promprty ass q~~ed and de~ivared to .ny held by :atd MORrGnGEF af (urthe~ security to said mw~gage debt, and, no1 kss than tcn (10) days in ~d.ance of the expiratioo of each pol~cy, to dr ~ liver lo said MORTGAGEE a renewai therMf, together with a receipt for ~he premium of tuch renewal; and ~lirrp it,all be no f~re or w~~~dsto~~n ins~~ence p~ated on ~ny of said buildings, any ime~eat Ihere~n or part thereof, unless in fhe Imm and wi~h ~he loss payaUlt as afo+esa~d; and in the evenl any sum of money ~pn~~ p~y~ble unde~ suth policy or pol~cees said MORTGAGEE shall have the opt~an lo rete~vr and apply thr san,e on account of ?Ae indebted~ ? neu ~ecured hsreby w to permil said MORiGAGORS to ?ece~ve and uu it o? any par~ th_~:eof tor o~nrr pur~ oses, ...rr,;,,r rh ~,i ~3 or ~.~~p.,v• j ing any equ~ty, lien p riyht unde~ or by virtw of this mo~'gage; e~d in the evem sa:d MORTGAGORS ahalt for any reason fail to kcep the sa~d premitz~~ so ~ insured, or isil fo deliver p~a^ptly any of said policies of insurance ro ta~d MORTGAGEE, or i~il promptly 1o pay fully any prernwm thcrcfw w in a~y ! respad fail to pafwm, discha~ge, ezecute, eftetf, complete, compty with ~nd abide by ~his coven~M, or any par~ hereol, said MORiGAGEE may plxe and ~ pay ip such insvronte w ~ny part ther~o( without waivi~g a aifec+ing any option, lien, equ~?y, or nght under w by virWe of this Mwtgage, and ~he full amount of eacA snd evKy such payment shall be immediately due and payable and ahalt brar in~ere•st from the date thrreof unri! p~~d at tba rote of n~ne pe~ cen?um pe? annum and together with suth interest shali be srcwed by 1he lien of th~a mortg~ge. ~ 1. io permit, tommit or suffer ~o waste, impairment w deterioration of said property w any part thereof, S. To pay all and singulu the totts, tharyes and expenaes, incli,ding a reasonable attaney's fee and co:ts of abs~racts o( title, incurred o~ paid a~ eny time by said MORTGAGfE, because q in the evem of the faiture on the pa~1 oi the iaid MORIGAGOR to d~.y, p~w~~ptly and fujSy pcriprm, d~scharge. execule, etfec~, complNe, comply wHh and ab~de by each and every the stipula~~ons, ag~eements, condit~uns, and cove~iants o~ sa~d p~o~n~ssory note and ~h~i mwtgage any or either, and sa~d cotts, charges and expenaes, each and every, shall be immed~atety due and payab!e; whether or nat fhere be notice da mand, atlempt to cotted or suit pend~ng; arxl the ful: amount of each ~nd every such payn,ent shatl bea. ~nreresr from 1he da~e thereoi until paid a1 1he ; rate of nine per centum per ennum; and aH sald coats, charges and ex~nses inc~rrrd or paid, ~oyether wdh such ~merest, shall be secured 6y the lien o( th~s mwtp~ye. - 6. That (a) in the event of any lxeach of rhis Morrgage or deFauit on the par~ of rhe MORTGAGOR, or ;b) fn the evcnt any oF sa'd sums of money hercin referred to be not prompfly and fully paid within th;rty (30? days nexT afrc~ Ihe same severa~iy beco~~e due and payable, without demand or notice, or (c) in the eveM ~ach and every the stipulationa, agreements, conditions and covenams ol sa.d pro~n~ssvey norr and ih~s mo~tgage any or either ue no! ~uly, p~omptly and lully perfo~med, d+xharged, executed, effeued, compteted, compiied with and ab~ded `ay, then in e~ther or a~y wch event the ta~d sy gr~gate sum mentiooed in said promissory note then remaining unpaid, with mterest accrued, and aU mo~,eys secured hereby, sha11 become due a~d pay ao:e forrh~vith, a thc~eaftt~, et the oprion o+ said MORTGAGfE, es iv11y and canpietely as if all of rhe s~~d svms of muney were O~~gmally supuiated ro be pa~d on such day, anythinq in sa:d p.om~uo~~ note or in this Matgage ro the comra.y norw~~hsrand~:~g; a~~d ihcreupen w thereaiter at ~he ope~on o( ir~d MORTGAGEE, without notice or demand, suit at iaw w in equity, thereFore or tl~ereafre~ begun, may be prosecuted as if aJl moneys secured hereby nad masured pnor 1o its instilutwn. 7. That in the e~ent that at the beginning of o~ at any time pending any su~t upon thia Mortgage, w to foreclose it, or to reform it, or to enforce paymc~t of any claims hereunder, said MORiGAGEE shall apply to the Co~rt having ~unsd~ction thereof tor the appo~ntment of a Rec~iver, such ~ourt ~hall ionhwith appoin! a?eceiver of said morlgaged prooerty all and singutar, incl~d~ng ail and sing~lar the ir.come, prol~is, issues and revenuea from whatever seurce de~ivetl, each and every of which, it being expressly unders~ood, is hereby morrgaged as if apeafically aet fonh and described in the g~anting and habendum dauses hereof, and such Receiver shall have a!1 the broad a~,d effecr;ve funct~ons and powers in anyw~se entrusted by a Court to a Receiver, m~d s.,ch appointment shall be made by such Court es an admi~ted equity and a matter of absolut~ ~ight to said MORTGAGEE, and vrithout ielerence to the adequacy a inadequacy of the value of the property mwtgaged or to thr so~vency or mso~Yency of sa~d MORtGAGOR or the defe~+dants, and rAat such renrs, profits, income, issues and revenues sha~l be appiied by such Receiver accordu~g to the lien or equity ot said MORTGAGEE and ~he practice of such Court. ~ 8. To duly, promptly and fully perfwm, d~scharge, execute, eifect, corr}ple~e, comply w~th aRd abide by each and every the st~puiations, agreements, ~ conditeons ar~d covenanls in sa~d promissory note and this mortgage set forth. ~ f 9. That in the event the ownership of the mortgaged premises, a any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its s~ccessors and assigns, may, without notice 1o the MORiGAOR, deai w~th such successo~ w successor in ,nteresf with refrrence to this ~ mortgage and the debt hereby secured in the same manner as w::h Mortgagor w~~hout in any way vit:a~ing o~ d~schma~ng the Mortgagors' liability Aerr under o~ upon the debt hereby secured. No sale of the prem~ses hereby mor~gaged and no forbeara~ce on the part of the GAOR7i,;AGEE or its sutcessors or assigna and no extension of the time for the payment of the debt Aereby secured given by the MORTGAGEf or its successors or ass;gns, al;aU operate ro retease, d+scharge, modify change or aif~ct the orig~nal liab~i~ty p1 fhe MORTGAGOR herein, either in whole or in part. 10. It is spec~fically agreed that t+me is of the essen~e of this contrac~ and that no waiver of any obl~gat+on hereunder or of the obiigation se- cured hereby shal{ at any time thereafter be held to be a waiver of ~he te~ms hereof or of ttx instrument secured herby. 11. In addn~o~ to the fwego ng rrwmhiy payments of princ pai aRd inreresr requ~red by the prom sscry ~,ae secured hereb~, mo~tgagor covenants 3nd agrees to pay to mo:tgagee v~,ith each mo~Thly pay~~,ent an add~rional sum est:n,ared by mortgagee to be equal to 1, 12 of the annual cost of the tollow- •n3: A-Alt real property taxrs levied or assessed agaiost tF,c above described real estate. ; 8-~rem~u~ns on f~re and wiadstorm inw~aece as he~eln requ:red to be carried on the ~mproveme~ts situate on the above descr~bed premises. ~ C-Premiums on such mortgage guaranty ir.surar~ce as ma.tgagee sha{~ froT t~me to time deem fit to carry o~ ~he ban secured hereby. Mortgagee shail ?ram t~me to time not~fy mortgagcr m wiinng of the amou~t d~c and payable hereundrr and such su~n shah thcrcupon be due and : a~able on the due oare of the next monthty payment and each successive monrh rhereaftcr u~,tii m~ngagee sha!I not;fy morfy~gor of a change in such a-.ount. Such sums st~a;l be appiied by mortgagee roward the payment of reat property taxes, insuranct prem.ums, a~id mortgage guaranfy insurante p~emivms. • ~WITfVfSS '.YNEREOF, rne said MORTGAGOR has he~eunta set his har.d and sea! rhe day and ye fint aforesaid. , , Sealed and de ' er in the p~esente of: t~~~n. 't~ Fre H. Lo 215 ~ ~~h L , ~ . ~ tSeaq - - ~SesQ ' _ A ene W. Loll is ~ STATE OF FIORIDA ~ coun,rr oF St . Luc ie ~ u- ' 1r 9efo.e me pe.,onauy ,ppe.,ed Fred H _ollis and 4 Alene W. LO1115 h~s w~te, to me weiFisgown and knowo to me to be ~ the inJ~ ~uai_ s described in and who executed the fwegoing instrument, and acknow~edged before me that ~hey~ exd~?the s+me fw the purposes ~hetein exp?esxd.. And tF+e uid A1ene ~V L.Q~ Z~ S - +r~fe of the said =@fj • ~.0~ Z 25 ' '1+' ~ raiq std privatt e=am~nation by me taken separate and apart from her said husband, acknowledged to and before me that s~/; ~ ~ ' and volun- rar,ly and w;thout any compulsioo, comtraint, apprehension, or fear of or from her said husband, i ~ Y~ : WIiNESS my hand snd offiuel seal thi~ f2 S@ tember ` S ^ ' ~ day of ~i_ZL ---i1- . '7 ~i, } i ' . Notary Pubtic in and f ~ My Comm~ssion expire~~~• Return To: ~~('~pgIDA tt IARQE Firsr Federal Saviny 3 loan Assoc+at~on ~rpi~ SEPT. 25. 1975 pf Fort Pe.ce Fll"CU ~N~~ aECa~aEo ST. tuCtC ~JUNTY FlA• g~~ ey Amentan ~_~i.<<s insurance t7o. Fort P~erca Fio~~Ja RdC~ n i Q{Ti~As CIERK ~t"t~U1T CO T,~~-r,~/~ RECORD VfQ~f~EO..~ 1~~~r This Instrument Prepared 8 Ric?~a rd K ~;a v~~n Y . ~I7 First Federal Savings b Loan Association of Fort Pierc~ Florida ~~~~c V Checked 8y ~ _ a~oK195 Pa~E1985 . . ~ - ~ . ~ . c~_ -