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To pl~ce and continuously keep on Ihe bu~'d~ngs n~w o? hcreaf~er situsl~ on sa~d ~and and cn atl equipmem ar~d person~lty cove~~d 6ylhis rew eg~, with all premiums therean pa•d in futl, f~re insuronce m ~ho us~al seandard po~icy torm, in a sum •pproved by the MORIGAGEE, and windsto insu~ante in 1M usual stendard pol.cy fam, in ~ sum approved by the MORTGAGEE, in such tompa~y or tanpames ~s 1he A10RTGAGEE m d~recl; and all fire and w~ndsrorm insurance po~~ue~ on any of ~a1d bui~d~n~s, any intero~~ the~ein or parl thereof, ia lhe aygre9a~a ~um ~faesaid in excess thereof, shall con~ain the usual standard mortgagee ciause o? such o~her <~ause as tM Mo~~qages may ~eq~~r~, ma?inp ~M lou unde~ ta~d po c:es, each and every, psyob!e ~o said MORIGAGEE as i~s ~nter~sl -msy appeai, and each e~d e~e~y •~,ch Pai~cy sha{1 be promptly ~ss yned a~+d detivered ~ any heW by sa~d MORiGAGEE as further secu~ity to said mwtgage debt, and, nW leu tha~ ~e~ (101 days in adva~xe of the expirat~on of each pof+cy, ~o d. I~ver to said MORTGAGEf a rerxwal thereof, ~oge~her wieh a recr~p~ fw the pre~nivm oi such renewal; a~d there thall be no f~re w wir+dsio~m insuranc placed on any of sa~d build~ngs, any interest there~n or pa~t thcreoi, u~fess in the (onn and wi~h the loss payable as aioresaid; and in ~M eveN any sv~ of mw~sy becomes payable under such policy a policies said MORiGAGEE ahall hsve ~he opt~on ro rece~~e and apply the sanw on account ol the indebted nets setured he~eby w ~o permit said MOR~GAGORS fo rtceive and uae i1 or any pa~t ther~of tor c+ther pu~posrs, without the~~o/ waiv~~ig o~ ~mpair ing any equity, I~en or r~gh~ under a by virtue of this mc:'gage: and in the event ia d MORTGAGORS shall fw any reaio~ fail to keep the said premises io inswed, or fail ro deliver prompNy a~y of sa~d pol~cies ol insurance to sa~d MORTGAGEE, w fait promptly to pay fuily any pre~n~u~~+ therefw w in a~y reapect (ail b per(wm, dixha~ge, e~ecute, eliect, co+nplete, comply with and ab~de by this cove~ant, w any pa~l htteof, said MORTGAGEE may p~ace •~d pay (a suth insurance ot aoy put lhereoi w~thou~ waiving w affetting any opt~on, lien, equlty, or right unde? a by virtus of this Mortgaye, and the tvll amounl of each and e~ery suth payment shall be immedietely due and payable and shall bear ~~~~erest from tM date ~herrot umil paid at th~ rate ol nine pe~ tantum per annum and ~o~rthet with such in:c~est shoi~ be arcured by the lien of this morlyape- 1. To permit, commit w suFfer no waste, impairment w dete~iorat~on of said property a any pa~t therMf. 5. To pay all and singular the coats, charges and eapenus, inciud~ng a ressonable attaney's fee and costs of abstracts of title, incurred w psid at any time by said MORTGAGfE, Decause a in the event of the fa~lure on the pa+t of the said MORTGAGOR to duty, pranp~ly and fully perform, d~uharge. e~ecute, e(fec1, complete, comply wuh and ab:de by each and every the st~pu~ar,ons, agreements, conditions, and covenants of iaid promiswry note and this mwtgaye any or e~the~, and sald costs, charges and expe.~xs, eac~ and every, shall be immrdiate~y due and psyabte; whether w not the~e be no~ice dc rr~and, attempt to cofled or suit pend~ng; a~d the full amount ot each and etery such payment shall oear interest from the date thereof u~til paid ~t tht ~.~~e of nine per crntum per annurn; a~x.' all aaid costs, cl,arges pnd ex;x~~ses irx~rred a paid, ~ogether w~th such inte~est, shail be secured by the iieo of thiu mort9sy~. 6. That (s) in 1Fx event of any b~each of this Mortgage or default on the part of the MORTGAGOR, or (b) in the event any of sa:d sums of money herein referred to be not p~omptly and fully paid with~n th~rty (3J1 days ncat aiter the same severatty become due and payable, withoul dertwnd o? notite. or (d in the eveM each and every the stipuiaf~ons, a9reeme~ts, co~ditions and covenaMS o+ sa~d promi»o.y note and th~s mortgage sny or either are no1 ~uly, promptly and fully performed, d~uhargrd, exec~ted, efieued, compteted, compiied with and abided by, then in e~ther w any such ~venl the sald ag gregate sum mentiorxd in said prom~ssory note then remaining unpa~d, with interest accrued, and a~l moneya setured hereby, shall become due and pay~ ao:e Forthw~th, or thercaher, al the option of said MORiGAGEE, as tully a~d compte~ely as if a~! o; ~he said sums of money were o~lginally ~upulated ro be pa~d on such day, any~hing in sa.d prom~ssc+ry note or in this Mortgage to the contra+y no+w~thstand~ng; and thereupon w thereafte~ at the optio~ of sa~d MORTGAGEE, without notice w demand, suit at taw w in equ~ty, therefwe w thereatter begun, may be prosecuted as if all moneys uturtd hereby nad matured pnor to ~ts irutitution_ 7. That in the event fhat ar the beglnn~ng of w at any time pend~ng any suit upon this Mortgage, w to fweclose it, or to reform if, a to enfwc~ payment of any claims hercunder, said MORlGAGEE shal! apply to the Court havmg ~ur~sd:crion thereol 10? the appo~otment of s Receiver, such Court sMfl Forthwith appoint a ~eceiver of said mortgaged proprrty ali and singular, includ~ng ail and singutar the incame, p~ofits, issues and revenues from whatever se~rce derived, each and every of wh:cfi, it be~ng eapress~y undersroocl, ~s he~eby morrgaged ~s ~t speofiuUy set forth and deuribed in tAe y~anting and ha'xndum clauxs hereof, and such Receive~ sha11 have all the brcad and eff~cr~ve fu~ct,o~zs and pu..e:s in anywise entrusted by a Cou~t to a Receiver, and s:ch appoinrment sF+all be made by such Court as an ad~nitted eq~ity and a maner of abso~uie righ~ to seid MORTGAGEE, and without refere~ce to the adequa~y or inadeqvacy of the vatue of the p~operty mortgaged or to the so:vency or insoivency oi sa~d MORTGAGOR or the defendants, and that such re~rs, proiin, IMO~M. iuves a~d reven~es shail be appiied by such Rece+Yer accord~ng fo the I+en or et~uity o( aaid MORiGAGEE and the practice of such Courf. 8. To dufy, promptty and fully perform, d~scharge, execute, effect, cemptete, con~ply with and abide by each and every the stipulatio%, agreemenri, t conditions and covenants in sa~d ptomissory note ar.d this mortgage srt forth. 9. That in the event the ownersh+p of the mortgaged prert,ises, w any part thereof, becomes vested in a person other than 1F~e MORTGAGOR, the h10RTGAGEE, its successors and assyns, may, w~thou~ no~~ce to the MORTvaOR, deai w~th such s~cceuor a successor in interest with reference to this n,o~tgage and the deb~ hereby sec~red in the same manner as w~th Morrgago. w~thout in a~y way vit;ating or d~xha~g~ng the Mortgagort' liability here- vnder or uFwn the debt hereby secured. No sale of the prem~ses hrreby mortgaged and no forbearance oo the part oF the MORTGAGEE w its suctetson or ass+gns and no eztension of rhe t~me fo~ the payment of Ihe debt he~e6y secured given by the MORTGAGEE or its successora w auigns, shail operate ~o re~ease, d~scharge, modify change or afiect the origmai Iiau~l+ry of the MORTGAGOR herein, either in whole or in part. 10. It is speufically agreed th~t time is of the essence of this contract and that no waivcr of any obli9ation hereunder p of the oblipstion fe- ; c~red hereby shatl at any time therealter be held to be a wa~~er of the terms hereof p of the instrument secured herby. ~ 11. In add.t~o~ to the f~rego.ng monrh!y paymeni: of ~.rinc pal and "u~reresr requ~red by the prom:sscry nore secured hereby, mortgagor eovenanb a~~d agrees to pay to mo-t9agee v~ith each monrh;y pay~. er.t an ad~lrional sum est: rared by mortgagee to be equal to 1;' 12 of the a~nual cosi of the fOlbw- ~nq: A-Alt real property ta,~as lev~e~ or assess_d aga~•~st ~Fr above desc~~bed real estate. ` B-Pren:~vms on f~re ar.d windsrorm insurar.~e as here~n reqv~red to be ca.ried on the improvemeats situate on the above dascribed premises. 5 C-Prem~ums on s~ch mortgage gua~anty ~cwra..ce as mo~rgagee sha~l from t me to t~me deem fit to carry on the ~oan secured hereby. ~ t /Vflwtgagee sfia!i .'rom time to t~:.se nctify mortgago~ in wrir~ng of the a~-*o.rnt dut artd payable hereundrr snd such sum sFiall thereupon be due and ' F avable on the due aate of the nexf month:y payment and each successive :+:omh thereafter uwit mortgagee shall not~fy mortgagor of a change i~ such ` a~~o~nt. $uch sune~ sha:f be app;ied by mortgagee to,~vard tt~e payme~t of rza! properly taaes, insurance prem,ums, and morigage guaraMy insu~ance ~ cremiumS• ~ IN 411TNESS WHEREOF, the said MORTGAGOR has here~nto set his ha~:d and seal the day and year firtt afwe ~ ' ned, Sealed and deli he presence of: ~ • ~ I ' - ~ aQ e~ey . a mer ~ cs~,~ ` ~ aye . a~ner ~n S~~TE OF fIORIDA 1 t ~oUNTY OF SL • 1.liCle ~ ~ Befae me persona~ly sppeared _ DE"IMey Palmer ~ _ Faye N. Palner his wife, to me well known and known to me to be f rh~ individuab destribed in end who eaecuted the foregoing instrument, ~nd xknowledged before me tAat they executed the same fw tF~e purposes rherein expressed. And the:a~a__ Faye Palmer Dewe T. Palmer _ ~ • ,•te .~+a ~ +v~fe of the said - Y Pa~ uP+ P~ e.am~nat~on by me taken separate and apart from her sa~d husba~d, acknowiedged to and befwe me that tfie executed said instrument freely ~nd volun~ ~ ar:~y and w~thout any compulsion, conatraint, apprehens~, w fear of or from hsr iaid husband. WITNESS my hand and official xal thia_ -_~L~_.___ day of__ Se~telR~r A. D. 19 71 5 ~ No~ary lic in snd fw the Stat~ of florida ~t larp~ ~ My C m~sswn expires: ! 11Sr ~ Ret~rn To- _ ~ Fust federal Saving~ b loan ~?ssouat:on , N O T A R Y P U BUC STATE Of FLpRI ~ 01 Fo~t P erce. . • ~ 1~~ , WY COMMISSION EXPIR~S AUG. QA A~ U1R~ ~ Fp~t ~ierte, flOnda , ~~ENERAI INSURANCE UNpERwRlTER~ S ~ , . . , . . ~ t;• : fIlEO ~!ID RECOR~E~ ` T1tis-Mstr~ment Pre ared 8 John W. Col 1it16,. ~ ~ ST. IUCIE COUMTy FLA. ; P Y ~ ^ • - ttOGEii ~OITRAS ~ ; First Federal Savings 8 loan Association , CLERK CIRCUIT COUNt of Fort Pierce ~ Florida RECORO YERIFIEQ~~. Checked BY f''+;.';° .S~i~t s , tF.,. S~r 11 II o9 AM t1 ~ ~ ~ ° R 195 ~ 22 ' ~ BUGK PAGf 1J i 2159i4 F _ ~ "V ' ' _ _ . ~ ~ ~ - .~~°aa _ - `~S..l. ~ ._Y