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To place and co~tinuously keep on the bu~'d~ngs ~ow or herea(ter ~~tuate on sa~d land and o~ all equipment and personally covered by thi~ ma age, with sil premiums lhcreoo pa~d in fuli, fire inwrancr ~n ihe usual i+a~.dard potKy form, in a sum approved by the MORIGAGEE, and wind~lo ~nsvra~ce in the usual standard pol:cy form, in a s~m approved by the MORiGAGEE, in luch company o~ companies ~s 1hs MORiGAGEE m dfrect; and all (i~e and w~nds~orm insurance po~~c~es on any of sa~d build~ngs, any intere~t lherein w part the~eof, in tM ap9reg~~e sum ~faesaid in exceu thereof, shall cor+tain the usual s?andard morigagee clause or such othe~ clavse ~s ~he Mortgages may requ~re. makirq the los~ under is~d po cies, esth and every, payable to said MORTGAGEE as ih intcreal may appear, and esth and every such policy shall be promptly a~e.gned and d~~iversd ~ •ny hetd by iaid MORiGAGEE ai furihvr security to said mor~gage drbt, and, not le~s than ten (!0) days in adva~xe of ~he expiration of each policy, fo d~ I~ver to said MORiGAGEE a renewal thereof, together with a receipt for Ihe pre~nium oi iuth re~ewal; and lhere ihall be no f~ra o~ windstorm insurant plec~d on any ot said bv~ldings. any in~erest 1he:e~n or psr~ thereof, unless in ihe form and with 1he toss payable as aiwesaid; and in the event any sun ~ of money becomes payable under iuch policy a policies sa~d MORiGAGEE shall have the op~~on to rece~ve and appty ~hs same o~ account of the indebted ness ~ecured hereby w to permit said MORTGAGORS ro receive and use it o~ any part thereof tor other pwpases, w~Nw~t th:•eu~ waivi~~g ~r un~sir ing any equ~ty, lie~ o~ right under or by virtue of this mo:'gage; and in ~he evem w~d MORTGAGORS shall for any reaso~ fa~l to keep the said premises so ~nsured, or (ail Io deliver promptly any of said po~~ues of insurarxe to said MORTGAGiE, or fail p:omptly to pay tulty a~y premium theretor or in a~y . respect fail 1o per(orm, dncharge, execute, eflec~, completa, cornply wiih and ab~de by th~s cove~ant, a any part hereo(, sa~d MORiGAGEE may place artd pay (a suth insurance or any part Ihereof w~thout waiving or attecting any option, lien, equ~ty, or righl under w by virlue oF this Nb~tya~e, and tht f~ll amo~rnt of each and every such payment shall be im~nediatety due and payable and shall bear interest irom Ihe dats thereof ~ntil paid at the ra1~ ol n;ne pe~ tentum pe~ annum and to~ethet with such interest shali be secured by Ihe lien oi this mwtgage. 1. To permit, commit or su(fer no waste, impairment or dete~iorotion of said property o? any patt 1he?eof. 5. To psy all and singular the coats, chargea and exaenses, includine~ s reasonable attwney's fee and costs of sbstracts of title, inturred o? p~id at any time by said MORTGAG'.E, because or in the event of the faiiure on ~he part of Ihe said MORTGAGOR to duly, promptly a~d fully ps~fwm, d~uharge. execute, effecf, complete, comply with and ab:de by each and every the stipulanons, agreemenb, tonditions, and covenants of said promiswry note ~nd thi~ mwrgage a~y w e~~her, and sa:d costs, charges and expenses, each a~d every, shall be immediately due and payable; whetFxr a not +here be no?ice de mand, attempt to tollect or suit pend~ng; and the full amounl of each arxl every such oayment shall bes~ inte~e~t f~om the date thereof until paid at the .are of nine per centum per am,u:n; ar~C ali sa~d cosri, charget an~ expensez incu~red or paid, together w~th such irotrest, sF»~I be ~etured by the lien of thu mortya9s. 6. Th~t (a) in the event of any breach of this lNortgage w default o~ the part of the MORTGAGOR, a(b) in the event any of said sums of mone~ herein ro(erred to be not promptly and fuUy paid within thnry (30J days next ai~cr the same seve~aily betome due and payable, withoul demand Or notice, or (c) i~ the event eath and every the stipulations, agreements, cor.d~~ions and covenants of sa:d promissory note and th~s mortgsge any w either a~e no1 i~ly, promptly a~d fully performed, d~uharged, ezecuted, effected, completed, comp?ied with and ab~ded yy, then in either w any such evsnt the uid ag ~regate sum mentioned in said promisswy note then remaining unpa~d, w~th interest accrued, and all moneys secured hereby, shall become dve s~d pay~ ab!e forthwith, w rhe~eafte~, at fhe option of sa~d MOR7GAGEE, as fully and compidely as if all o( the said sums of money were o+iginslly t~~pulaud ~o be pa!d on such day, anything in sa.d prom~ssory oote o~ in this Mwtgage to the corivary notwiths~and~ng; and thereupw~ w thereafter at the oprion of said MORTGAGEE, without notice or demand, suit at law or in egu~ty, therefore or thereafter begun, may be prosecuted as if all morteys secured hereby nad marured pnw to its ins~iruLOn. 7. That in the event that at the begir,n~rg of w at any t~me pending any su~t upon th~s Mwtgsge, a to fac~lose it, or to reform i?, or to enfwc~ i payment of any claims he~eunder, said MORTGAGEE shall apply to the Cour~ having ~ur~sd~ction thereof tor the appointment of a Receiver, s~ch Court sfisll (orfhwith apFo~nt a receiver of :aid mortgaged praperty all and singular, includ~ng ail a~~d si~,gu?ar the income, profits, issues and revenuea irom whaterer source derived, each and every of wh~ch, i~ be~ng expressly unden~ooci, is hereby mar~gaged as if spccficatly set iwth and deu+ibed in 11+e ~rominq and habe~dum clauses hereof, and such Receiver shail have ail the broad and eff¢crire funct~ons and povrers in anywise entrusted by s Courf to a Receiver, ~nd si,ch appointment shall be made by such Court as an ad~nitted equ~ty and a~raner of absolute right to said IKORTGAGEE, and without ro~erence ro the adeqwcy w inadeqwty oi the value of the property mortgaged or to the so~vency or ~nsotvency ol said MORiGAGOR a tF~e defendants, and that such re~n, profits, irxane, issues and revenues shall be appiied by such Recr~ver accord~ng to the lien u equity of said MORTGAGEE and the prxtice of such Court. 8_ To du~y, prorteptly and futly perfo.m, d~scha.ge, execure, ef#ect, compiete, comply w~th and abide by each snd every the stipulations, sgreements, conditions and covenaots in u~d promissory note and th~s mortgage set forth. 9. That in the event the ownership of the mortgaged pren,ises, or any part thereof, becomes vested in a person othe~ than the MORTGAGOR, the h'.ORTGAGEE, its successors and assigns, may, wifhout no~~ce to the MORTGAOR, deal w~tn such successw w successw in interesf with refereRCe lo this roo~igage and the debl hereby srcured in the same man~er as w~th P+torrgagor wirhow in a~y way vit~ating or d~xharging the Mortgagors' liability here- under w upon the debt hereby secured. No sale of the Fremises hereby mortgaged ar.d no lorbeara~ce on the part of the MORTGAGEE or i» fuccesson or assigns and no extension o! the time for ~he payme~~ of the deb+ h~reby secured given by ~he MORTGAGEE or its successws w au~g~s, s:wll operate io relcase, d~scharge, modify change or affect the or~gma! Gab~l~ty of the MORiGAGOR here~n, eitFKr in whole or in pat. 10. !t is speufically agreed that time is of the essence of ~his contract and that ~o waiver of any obligation hereunder or of the obliyatan se- cured hereby shall at any time thzrealrer be held to be a wa~ver of the terms hereof a of the instrument secured he~by. 11. In addnio~ to the (oregdng month!y paym;nrs of pnnC~al and inrerest requ~red by the prom~swry no!e secured hereby, mortgagor covenants and agrees to pay to mortgagee v~i.h each monthiy pay~.~ent an add~+:onal sum est;ma~ed by mortgagee to be tqual ~0 1; 12 of the annual cost of 1he follow- , ~ng: A-All real property faxrs le~ned or assess~d d9d1'731 thc abave described real estate. B-Premiums on i~re and windsto~m insurarce as herein requ;~ed to be ca~ried on the ~mproveme~ts s~tuate on the above dascribed premises. C-Premiums on such mo~tgage guaranty ir.surar,ce as morrgagee shail hom t me to time deem fit to carry on the loan secured hercby. Mwtgagee sha~l from time to ume noflfy morfgagor ln writing of the amount due and payable hereu~drr and such sum shall thereupon be due and c..vab~e on the due aare of the next month:y paymem and each successire moroh thereaft~r ur.til mortgagee shall notify mortgagor of a change in suth ~ cunt. Such sums sFail be appl;ed by mortgagee ~ovvard the payme~t of real prope+ty taxes, insurance prem;ums, a~~d mwtgage guaranfy insurance j y~•emiums. ~ IN WITNESS JYHE OF, the ~d MORTGAGOR has hereunto set his hand a seal the da a yesr first afwesaid. f ~ ~ ned,, Seal an de;i r } the prese e of f"ED A~p RECOROEO ~ _ ~ g ~~nl t ' s?~ ROGER TRASLA t, mes . n o a sin e ~ RECOR~ VEa~F £D COURT ~n AH'11 `~"n STATE OF FIORIDA ~ 3 II 11 COUNTY Of $ t. Li1C le ~ ~ Before me personally appea?ed James H. Blanton, a single adlllt _ ~ y ~ - ~ to me well known and knawn fo me b M ' rhe individwls described in and who executed the fwego~ng instrument, and acknowledged befae rtro that ~jpr eaecuted tFie same fw tFw pwpwes ~ rherein ~x~.~~d. n~AA~ _ he ~ - !ti_ •4~!~"='~',~'~j~~•.. ~ Se tembe ' ' ~ WITNE55 my hand and offiual ual this--- day of ' .,~,s~,~ ~ - a ' i._ - X' Notary Pu I:c i~ and fw the t~f ^ id~+{~~ L~i ~ My Comm~ssion expires: i ~ ~ r? J .,7, ,z. ' ~ ' ~ Retum To: - . - , : F i,; ~~A E~ . ~ Fint Federal Saving• 3 Loan Associat~on 1." . +r~e,'.~, ~i~~~ - ~ . ~ fonOPiz ce, Fio'rcda' ~ u....,. _ ~ .iN~t~~`-~"~e L'`~~~ ~ 3-~- 7~~ ~ ~ This Instrument Prepared By Richa rd K. Kayes First Federal Savings 8 loan Association ~ ~ of Fort Pierce ~ Florida Checked By ~ 80GKiV~ ~~f~~~~ ~ ~ ~ ~ ~ - - - - _ _ _ _ _