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To place and continuousiy keep on the bui'd~ngs now or hereafte~ situate on said land and on al! equlpmenl and pe~sonally covered by lhis ma ~ ege, wlth all premiums ~hereon pa~d ~n full, f1:e insu~ance ~n ihe usuai standard polity form, in a sum approved by ~he MORfGAGEE, and windsto insurance in tM usual standard pol:ty for~n, in a s~m ap{>roved by ?he MORTGAGEE, in such tanpany or compamea ai the MORTGAGEE m direct; and alt tire and w~ndstorm insurance po!~c~es on any o( said buiid~ngs, any inlerest therein or parl Ihereof, in the agg~egue sum afaesaid i~ excess thereof, shall contain the usval standud mortJagee c~ause or such other clau~e as ihe Mortgagee may requ~re, making ths ioas undtr ta~d po cies, each and every, payable to said MORTGAGEE as its interest may appear, nnd each and every such po~icy shall be prompfly ass g~ed and de~~~e?ed ~ any held by said MORTGAGEE as further security ~o said mortgage drbt, and, not le~s ~han ten (10) days in advance oi the exp~ration of each policy, to d~ I:ver to said MORTGAGEE a renewal thereol, togeiher w~th a rece~pt tor ~he premium o( such renewal; and thero shall be no f~re or winds~orm infuranc pfaced on any of said buildings, any imereat there~n w part thereof, unlrss in the torm and with the Ioss payable as aforesaid; and in the e~en1 any sun of mo~ey becomes payable under such polity or policies said MORIGAGEE shall have tha option to receive and apply the same o~ actounl o( the indebted ness setured hereby or to permil said MORTGAGORS ro reteive and use it or any part th•-:eof tor oth•~r pur;~ases. ~vi~hout th~~.u~ wa~ving or m~pah iny any equ~ty, lien w righl under or by virtue of this mo:egage; and in ~he event sa~d MORTGAGORS shaf~ Ea any reason fail to keep the said premiirs so insured, ot (ai) t0 deliver promptly any of said pol~ties oF insurance to said IAORTGAGEE, or faif promptly to pay fully any pre~nium therefw w in a~y respect fail ro periwm, discharge, execute, eifect, comptetr, comply wiih and ab~de by this covenaN, w any part hereof, said MORTGAGEE may place a~Td pay (a such i~suiance or any pait thereof wi~hout waiving or affecting any option, lien, equity, or righl under or by virtue of this Matga~e, and 1ht fuil amount o( each and every such payment shall b~ ~m~nediately due and payable and shall bear interest from the date thereof un~il paid at ~he rate ot nlne per cenrum pe? annuan and together with such iroeresi shau be sccured by the lien of this mwtgage. 1. To permit, commit or suffer no waste, impairmenl or dete~ioration of said property w a~y part thercof. S. To pay all a~d singular the costs, cha~ges and expenses, including a reasonable attwney's fee and costs of abstratls ot title, inturred w paid st any time by said MORiGAGEE, because or in the event of ~he fa~lure on Ihe part of the said MORTGAGOR to duly, promptly a~d fully perform, dixharge, execute, eflect, complete, comply w~th and ab:de by each and every ~he stipulat~ons, ag~een,ents, conditions, an~ covenants of said pranisw?y note and thi~ morrgage any or ei~her, and sa:d costs, charges and expenses, each and every, shall be immrdiately due artd payable; whether w not there be not~ce da mand, attempl to cotlect or s~it pend~ng; and the full amount of each and every such payment shall tea. interest from Ihe date thereof until paid at ~he ie of nine per cent~m per an~w:n; cnd ali said costs, charges and expe~~ses ~ncu~red or paid, together w~th such interea?, shall be secured by the lien of thii mortgags. 6. That (a) in the eveM of any breach of this Mortgage or defautt on the part of Ihe MORTGAGOR, or (b) in Ihe event any of said sums of money herein referred to be not Fromptly and fully paid within th~rty (3J) days next after the same severa!Iy become due and payabte, without demand or notice, or (c) in the evem each and every the slip~lat~ons, agreements, cond~tions and covenants of sa~d prom;swry note aod th~s mortgage any w eitl~e? are nol ~uly, promptly and fu11y performed, d~scharged. eaec~ted, effected, cwnpleted, compi~ed with and ab;ded by, then in either ot any such evem the sa~d ag~ qregate sum mentioned in said promissory note ihen re~naining unpaid, with inte.est atcrued, and ali mo~eys secured hereby, shall become due and pay- ab:e forthwith, or thereafter, af the opt~on of sa~d MORTGAGEE, as fully and completety as ii aH of the sa~d sums of money were aginaUy stipulatcd ro be pa~d on such dey, anything in sa:d p.em~sso~y note or in rhis Mortgage to the cororary notvvithstand~ng; and thereupon or thereafter at the option of sa:d MORTGAGfE, w~thout norice or demand, auit at law a in equ~ty, therzfore or thereaiser begun, may be prosecuted u if all moneys setvred hereby n~d matured pnor to its institutioo. 7. That in the event that at the beginn~ng of or at any t~me pend~ng any su~t upan this Mortgage, w to faeclox it, w to reform it, or fo enforce payment of any clalms hereunder, sa~d h10RTGAGEE shall appiy ro the Couri having ryr~sd:ction thereol for the appoimmeM of a Receiver, such Cour1 shall fc.thwith appo~M a rece~ver of said mortgaged property all and singular, inctud:~g a11 and a~ngular the ir.come, proi~ts, issues and revenues f~om wbatever sc~r~e derived, each and every of wh~ch, it being expressly ur,derstood, is hereby mortgaged as if spec~fically set twth and deuribed in the 9~aNing a~d haixrtdum dauses hereof, and such Receiver shall have all the broad and effecnve fw~ct.ons and powers in anywise eN~usted by a Cou~t to a Receiver, and s_ch appointment shall be made by such Court as an ad:ninrd equ~ty and a rratter o( abso:we right to said MORTGAGEE, aed without referente to the adequacy or inadeq~acy of the vai~e of the property mortgeged or to the so.vency or ~nsolvency of sa~d NIORiGAGOR or the defendants, and that such re~rs, profits, inco~ne, issues and ~even~es shaN be ap,r.'~~ed by such Rece~ver accord~ng to the lien or equity of said MORT6AGEE and the practice of such Court. 8. To duty, promptly and (ully perform, d~scharge, execute, eifect, comple~e, comp~y with and abide by each and every the stipulations, sgreements, conditions and covenants fn sa~d prom~ssory note and this mor~gage set forth. 9. ihat in the event the ownersh~p of the mortgaqed premises, or any pa~t thereot, becomes vested in a perwn other tha~ the MORTGAGOR, the + :•.QRTGAGEE, its successors and ass~gns, may, wirhout no~~ce to the htORTGAOR, deal w~th such successor or s~ccessa in imerest with reference to this mo~tgage and the debt hereby sxured in the same manner as with ~ho~tgago~ withoul in any way vit;ating a d~scharging the Mortgagori liability hera . i ~r.der w upon th~ debt hereby secu~ed. No saie of the Frem~ses hereby ~nortgaged and ~o forbearance on the part of the MORTGAGEE or its suctessors ! or assigns and no extension of the time for the psyment of the debt hefeby secvred given by the MORTGAGEE o? its s~ccessors w auigns, shall operate to release, d~scharge, modify change or affect the orig~na! I~au:l:ty of the MORTGAGOR herein, either in whole or in part. 10. It is speufically ag.red that rime is of the esse~ce of this conrrace and that no waiver of any obligation hereunder a of the obliyation sr c~red hereby shah at any time thereafter be he'd to be a waiver of the terms hereof w of ihe instrumem secured herby. 11. In add.r~c~ ro the forego n9 monfh!y paym_nts of pnnc pai ar~d interest requ~red by the prom ssory ~e!e secu~ed hereby, mortgagor covenants ~~d agrees ro pay to mortgagee v`rth each month'y pa~~.~ent an add:;:onal sum est~n:ared by mortgagee to be equai ~0 1~ 12 of the annual cost of the foliow- ~~~g: A-All rea! prope+ty taxes lev~e3 or assessed aya~~st the above descr~bed real estate. • ' B-Pren:w~ns on fne and windsto:m insuracce es here~n rc-q~,;~ed to be carried on the Emprovemeits s~tvate on the above dascribed premises. ~ C-Prenuums on such morrg;ge g~aranty ir.surance as mo~tyagee shaN from r me ro time deem fit to carry on the loan secured hereby. j Mortgagee sha f frcm t~me to time not~fy menyagar ~n wnt~~g of the amo~nt d~e and payable hereundrr and such sum shaN thertupon be due and ~ : j~;bte on the due dafe of ~he ~ext month:~ payment and each su:cezsive month thereafrei uctil mortgagee shall nor~fy mortgagor of a change in such ~ a~ ount. S~th s~ms shaJ be ap~::ied by mortgag~e toxa-d the payn,ent of real property ta:es, insurance prem~ums, a~~d mortgage guaranty inwrante ;~rem~ums. ~ IN YJITNESS 'NHEREOF, the sa~d MORTGAGOR has here~nto set his hand and seal the ay year first aforesaid. J Si , Sealed and delivered in the esence of: J i +h ~ ~ ' c~(. (Sea4 t` ~ n ~Sea4 S ~ aTE OF FLORIDA ~ u. CJUNTY Of ?Sti• Ll1C~@ ~ Before me personally appeared •T~~Fh F• Ci0~30 and _ Hae A. Cidl'30 _ his wife, to me well known and known to me to bf t!,e individ~als described in and who exec~ted the foregoing instrument, and acknowledged lxfore me that they executed the same fw the purposes rherein e:pressed. And tho-said__-_~__-.-_ ~@ A. ~='SO .~:fe of the sa~d --~Q3Ap~1 F. r,OT80 - upon • separate ~nd priwt~ ! i c.am:nation by me taken sepa~ate and apart trom her said husband, acknowledged to a~d before me ihat she eaetuted ssid insirument freely and votun- rar~iy and w~thout any compulsion, constraint, apprehens:on, oplfear of or from her said husband. i~. p.E- WITNE55 my hand and offidal seal this____-~~t.__-__ day of ~,~r A. D. 19 ~ ! t , . ~ ---~~-~~E ~ Notary Public in end (w t State d f~M ~ ~ /Q ~ / ~ - 7~ My Comm~ssion ea ires: ~ ~ . Rewm io: fILED AM~ :ECO~iDED v:•~~ ` 1~- ~ ffrst federal Savings 6 loan Association ST. LUCiC COUNTY FtA. ,~,~~~~~1N~,~r•i~~iR' _ Of Furr P c-te Ri'/vE n PO~TRAS L =~i~~'~ r~~ V~~ i Fon Re~ce. Ficnd, CLE~RK C:~,CU(T COU_ a~~ i~ 5 RECORJ VER~F~EO - v ~~~-~T-.; 3;~~~ =y, ~ i ~,f~~O,R. ~~~~~I ~ S~ 11 8 3Z ~!'11 :,~3 • ~ ' • ~ ' This Instrument Prepared By ~T. D. Chastain t~~~ ~ .?br -t* • . . . First Federal Savings 8~ loan Association 215'71~ ~,~"'s"~•.., ~ of Fort Pierce ~ Florida t'~ Checked By . B~~K195 ~~E1y87 l~s ~ _ - _ _ -