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To place a~d con+inuously keep on the bui!dings ~ow or hereaiter situate on said tand and on all equipmeni snd perwnaily coveaed by thif ma ap~, wilh ~It premiums thereon pa~d in iull, fire inswaoce the usuai s?a~xla~d policy form, in a sum app~oved by 1he MORiGAGEE, a~d windsto insurante i~ the uewl sunda.d policy 1am, in a sum •p{xoved by the MORTGAGEE, In such company or compa~ies as 1M MORTGAGEE m direct; •nd alI fi~e snd windatorm insurance poliues •o++ aoy of is'~d buitd~ngi, any interest therein or pait ~hereof, in tM agyreyare ium afaesaid in eaceu thereof, ihsll contain the usual s~andard mortgagee claufe w such otF+e~ dsuss ~s ~hs Matpagee may requ~rs, maAinp the loss unde~ ea~d pe cies, each and every, payabte to uid MORiGAGEE s~ its ~~~erest may, ~ppear, and each and eve~y svcA policy shall be promptly a~s.y~ed a~d del~vered ~ •ny held by s+~d MORiGAGEE +s (u~~her security to sa~d mortgage debt, and, not leu than te~ (10) day in advance o1 the ezpirotioo of each pol~q, to d~ liver to said MORTGAGEE a r~newal the~eof, ~ogc~her wi~h a rece~pt for the p.e~nium of s~ch renewal; and there shall be no f~re w winduorm infurant pl~ced on a~y of ssid build~ngi, any inte~est there~n w part ~hereof, unless in the fo~m and wi~h ~he tosi payable ai aiorewid; and in the vvent anY iun of money becomes payable und~? such policy or pol~cies iaid MORTGAGEE shall have the opr;on ro receivs a~d appty the ssms on account of tht indebted neu secured hereby w ro permit said MORTGAGORS lo receive and utA it a any parl thercal fo? other purposes, without thereu~ waivi,ig or +mpair~ ;np any pv;ty, lia? p r~gh1 u~der w by virtue of lhis mo:sgage; ~nd in the ~vent sud MORTGAGORS shatl fw any ~eason fail to keep the ~+id premi~es so ini~red, w fail to del~ver promptly a~y of said po~Kies o1 insura~xe to said MORiGAGEE, a fail promptly to pay fully any p.emium therefw w 3n any ~eipett fail to ptr(wm, distharge, execute, effecl, corr;olete, comply with a~d abide by this tovenanl, a a~y parl hereof, ssid MORTGAGEE m~y place a~d pay fo? s~ch i~urarxe or any part thereof without waiving w ~ffecti~g any op~ion, 11en, equ~ty, w right unde~ w by virt~ ot this Mat~aye, ~~d 1he fu~l amount of each and evtry such payment ~hall be ~mmcdiately due and payable and ~hall bea~ iniaresl from ttw date Ihereol vn~il peid at Ihe ratt oi n~ne pe~ centum pe~ an~um and to~ether with such iiiterest shaH be secured by the lien of this mwtyaye. 1. To ptrmil, commit p wffer no waste, impairment a deteraration of said property w any p~rt thareof. S. To pay all and singulu the coat~, charges and expenses, including a ressonable attwney's fee snd cost~ of absnatts of title, incurred or paid at any time by s~id MORTGAGfE, because o~ i~ the event of the fail~~~e o~ ~he pan of the said MORTGAGOR to duly, promptly ~nd fully perlwm, d~xhsrg~, execute, elfect, tompiete, comply w~th and ab~de by each a~d eve?y the ~tipulat~ons, agreements. conditions, aod covenants oi said promissory no~e and thi~ rortga9e ~ny w either, and sa~d costa, charges and expenses, each and every, sF?all be immed~ately due and payable; whether a not ~Mre be notice da mand, stlempt lo colkct w suit pend~ng; a~d the full amounl of each a~d every s•.xh payment shall bear interest from the dete thereof until paid at tM r~te of nina per centum per annum; anr! all said wsts, charges and eapenses inturred or paid, together w~th suth interest, ~hall be tecured by the lisn of thiu mortyay~. b. That (e) in the event of a~y b+each of this 1M1atgage o~ default on the part of the MORTGAGOR, w(b) i~ 1he event ~ny of sa~d svms of money herein re(erred to be not prompNy and fully paid within thirty (30) days oea? atter tt~e same severa?ly become dve and payable, without dem~nd or notite, or (c) in the event each and every the stipulatio~s, agreemenfs, co~d~tions and covenants of said promissory note and th~s morlpage any or either ~re nol iuly, prompNy and (vlly performed, d~scharged, eaecuted, eifected, completed, compl~ed w~th and abided Sy, then in either w sny such eveM tM said a¢ gregate sum mentane<3 in said promiuay note then remaining unpaid, with ~nterest accrued, and a11 moneys secured hereby, shall betome dw a~d pay- able fathwifh, a thereatter, at the option of sa~d MORiGAGEE, as fully and complerely as i( all of the said sums of money were piginally stipulated to be paid on such day, anything in sa;d prom~ssory note or i~ this Mortgage to the con~+ary notwithstanding; and thereupo~ w thereafter ~t tM upuo~ of said MORTGAGEE, witf+out not:ce or demand, suit at law w in equity, the~efwe or thereafte~ begun, may be prosecuted a~ if all mor?eys setured hereby had matured pnw to its inslitution. 7. That in the event that at the beginnf~g of or at any time pending any suit upon fhis Mwtgage, or to foreclose it, or to refwm it, a fo enfoae payment of any claims hereunde~, said MORTGAGEE shall apply fo the Cour~ having ju~isdrction thereof fw the appointmeM of a Receiver, such Cou?t shall forthwith ~p~wint a reteiver of said mortgaged property all and singular, includ~ng all and singular the income, profitf, issues ~nd revenues from whatever source de?ived, each and every of wh~ch, it being expressly unders~ood, is hereb,~ mortgaged as if spec;(ically set fonh and described in the gra~ting and , habendum clauses he?eof, and such Receive~ sAall have atl the lxoad and effecrive fu~ct~cns and powers in ~nywise entrusted by a Co~rt to a Reteiver, end ! s~ ch appointment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, snd without referente to ths adeqvacy a~r inadequacy of the value of the property mortgaged or to the sorver+cy or insolvency of isid MORTGAGOR « ~he defendann, and thaf such re~rs, profits, incane, iuues and taver~ues shall be appl~ed by such Receiver accord~ng to the lien or equity oi said MORTGAGEE and the practice of such Coutt. 8. To duty, promptly and fully pe.form, discharge, execute, effect, complete, comply wifh and abide by each and every the stipulafions, agreements, conditions and covenants in sa~d promissory note and th~s morfgage set fwth. 9. Thst i~ the event the owne~ship of the mortgaged premises, or any part thereof, becomes vested in a person other than fhe MORTGAGOR, th~ MORTGAGEE, its successon and assigns, msy, without no~ice to the MORTGAOR, deal w~th such successa or successor in interest with reference to this mortgage and the debt hereby secured in tl~e same man~er as with Mortgagw without in any way vitiating or dixha~ging the Mwtyagors' liability hertr unde~ w upon the deb~ hereby secured. No sale of the Fremises hereby mo~tgaged and no forbearance o~ 1he part of the MORTGAGEE w its svccesson or augns and no extension of the time fw the payment of the debt hereby secu.ed given by tFx MORTGAGEE or its successors or auigns, shall operate to release, d~stMrge, modify change w affect the aiginat liability of the MORTGAGOR herein, either in whole or in ps~t. 10. It is spec~fically agreed that time a o( the esience of this contract and that no waiver of any obl'gatio~ hereunder w of the obi'~yafion sr cured hereby sMll at any time thereafte~ be held to be a waiver of the terms hereof a of the inatrument secured herby. 1 t. In add~tio~ to the fwego'~g monthly payments of princ paf and inrerest required by the prom~ssory nore secured hereby, mwtgagor cove~ants and agrees to pay to mo~tgagee with each monthly payrnent an addi~ional sum est~mated by mortgagee to be equal to 1% 12 of the annuai tost of the follow- ing: - ' A-All real prope~ty taxes levied or assessed against the above described real estate. B-Premiums on fire and windstorm insurar,ce as herein requ~red to be carried on the improvemeats situate on tF?e above described premises. ; C-Premiums on such mortgage guaranty insurar.ce as mortgagee shall from t~me to time deem fit to carry on the ban secured hereby. ~ Mortgagee shail from time to tirne notify mortgagor in writing of the amount due and paysble hereunder and suth sum shall thereupon be d~e ~nd ~.ayabk on the due date of the next month!y paymeM and each successive month thereaft~r urtil mortgagee shall notify mortgago? of a change in such k a~:ount. Such sums sF.a:I be appfied by mutgagee toward the payment of real property taxes, ins~rance prem:ums, and mortgage guaranty insurance ~ p~emiwns. - ! ~ IN WITNESS WHEREOf, the said MORTGAGOR has hereunto set his hand and seal the day and y ar irst afaesaid. ~ Siqned, Sealed and delivered in the presence of: /`JA 'l l ,~l • ~n ~ ~ ~ y o .o STATE OF FLORIDA ~ ' COUNTY OF ~ Befwe me perwnally appeared b• ~d~ ~ J~1 ~IIn ~a~ his wi(e, fo ~ne well known and known to me to be the indiriduals dewibed i~ and wiw executed the foregoiny instrument, ard atknowtedged before me that they executed the same tw the purpw~s fherlin l7tprlssed. Artd tFK taid Jal ,~~fe of tM u~d Da~id M• ~.O?d upon a separat~ and pr'n~h examin~tion by me taken uparote and apart from hcr said husband, adcnowledged 1o and before me that she executed said instrument f~tely ~nd voluer +a~dy and withaut sny compulsioo, constraint, appreheni ,oy,fear of w from Ixr iaid hosband. ' WIINESS my hand and official xal this day of ~ e~~ 'A. D. 19~ ~ ~ s~ , ~ ~ : . • • . _ « ~,i...:~ Notsry Public in and (w tM Statt o •~t.l~. ~ My Commission ~apires: Return To: • ' • • % ~ ~ ~ First federel Savinfls 3 loan Associat:on t e ~ ~ i: : R ~ ~ f Of Fort P:erce. ('j v ~ ~ Fort V~erce. Flor~da ( _ ,•~~4' ~ fllE~?NO R ~TY~ ~ '~''••.....~~~~T; =t, `1lC~E C0~ ~t~ : l10GER PO~TMAs ~ K CtRCU1t C011~t ~ ~ ~ i,;,~ - ' This Instr~ment Prepared By J. D. ~~~yEAlilED~'~ ~ First Federal Savings & loan Association of Fort Pierce ~~Ol~di CN 11 yl ' Checked By~-_ 216164 BooR1g5 ~265~ ~ i: ~ ~ : ~ _ } ~ v ;~~"r-~~.~e s•.'~x~~.~e'F'.~"~S,.J:*..=' ~ ~ .:'2~ `J _