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To ptace and comfnuously keep on the bu~'dmgs now or he*cafter s~tuate o~ sa~d lar~d and on ali equipmeM and pcnonally cover~d by this mor egs, w~+h all prem~~ms thereon pa:d in full, fire insuranca in ihe usuat stand~rd po~ky form, in a sum app~o+ed by ~he MORIGAGEE, and windsto insurance in the us~at standard po!;cy form, in a wm approved by the MORTGAGEE, in wch company or tompanies a6 1he hIORiCiAGEE dnect; and all tire and w+nds+orm inwrante po~~c~ei on anY of sa~d bu~ld~~gs, any interesl therein or par~ thereol, in the aggrega~e sum aforesaid m eacess thereof, shall cuntain the usual standard ma~~~gee cfause w such o~he~ clause as ths Mongagee may requ~r~, mai~ing the loas under sa~d po c~es, each and every, payab'e to sa~d MORTGAGEE as ~is in~ereit may appear, and each and every such poi~cy ~hall be prompr~y ass p~ed and deGvered ~ any held by sa~d MORIGAGEE as further srcurity to said ~~~ongage debt, and, not less than ten (10) days in adva~xe o( the ezpiraUon of each poGcy, to d. Gver to said MORiGAGEE a renewal thareof, toge~hn~ w~ith a ~eceipt ior the premium of such ~enewal; and Ihe~e shall be no f~re o~ windstorm insuranc placed on any of sa~d b~iid~ngs, any inteiest there~n w part thereof, unlesz +n the form and with the ~oss payable as aforesaid; a~d in the event any sun of money becanes payab!e under s~ch polity w pol~cies said MORTGAGEE shjU have the opt~on to recrive and app!y the same or~ account of the iixirbted ness secured he~eby or to pern,~t sa~d MORTGAGORS ro receive and ux it a any pa~t the:rof ior o:t~cr pwE~oaes, .v~~hout th:r~o~ .vaiv~.~3 or ~mpd~r ~ng any equ~ty, Gen or r~ght under or by vlrtue of tAis mo:tgage; ~~d in ihe evem sa:d MORTGAGOR$ sha!I fo~ any reason fail to keep the said premisef so ~ns~red, or fail to deliver p+anptly any of said po~rcizs of insurance to sa~d MORTGAGEE, or fail promptly to pay tvty any p~e~»~um therefor o~ in any respect fail to perform, dischar~e, execure, effecf, compteta, comply with and ab~de by th~s cove~3~~, or any pa~t he~roi, sa~d M.ORTGAGEE may place a~~d pay fw such insurance o~ any part thcreof without wa~ving or affeding any option, lien, cquity, or right under or by virtue of this Mo.tgage, and the 4„U amouM of each and evcry such paym.nt shall be immediately due and payahle and shall bear interest from the date thereof unril paid at the rate ot ~~+ne prr centum per annum and togathar vc~th suth inte~es! shai, be srcured by the lirn of this mortgage. 1. To permit, commit or sufier rto waste, impairr.ienl a deterioration of said property w any part thereof. 5. To pay alf and a~ng~lar the costs, charges and expenses, inctud~ng a reasonable attorney's fee and coses of abstracts of title, incur~ed or paid ~t f any tima by sa~d MORTGAG;f, because o~ in ~he event of the fmlure on the pa~t of the said MORiGAGOR to duly, prompNy and fuUy perfam, d~uharge. _arcute, effect, canp;ere, compty wnh and ab:dt by each and every the stipu~at~ons, agreements, tond~tions, and covenants oi said pran;ssory note and ~h~s 4 n,ortgage any or e~ther, and sa.d costs, chaiges and expenses, each and every, s1+w~1 M:..~...ediately due and payab!r; whetFur or not there be ~once dr ~,,;nd, attempt to col:ect or suit pe~dsng; and the (u!! a~nount of each and e~e~y such paymen? shall bea. interesl from the date thereof until paid a1 the •~~e o~ n~ne per cenru-n per arnwn; and ald aaid cos~s, charges and exoreses ~ncu~red or paid, togethrr wJh such interest, shall be secured by the lien of thw rnertgage. 6. That (al in the eve~t of any breach of this Nortgaye or default on the part of the MORTGAGOR, or ~b) in the event sny of sa:d sums of money herein ~eferred to be not promptiy and fully pa~d wiH~in th,rty (30) daYS ne,ct atrrr the same se~era:iy ixcome due and payabte, without demand or notite, cr ;c) in thr event each and every ~he st~pu7at~ons, agreements, co~d~rions and covenants of sa.d projnissory note and th,s mortgage any o~ either are nol ivty, promptly and f~liy pertormed, d:scharged, executrd, effected, completed, compl~ed with and ab~ded `ay, then in e~the~ w any such evem the sa~d ag ~~~~gate wm menno~~ed in sa~d prom~ssory note than remauung unpa~d, w~ih intere,t accrued, and a:f moneys xcured hereby, ahall become due and pay- eo:e fonhw~rh, o+ rherea(ter, at the opt~on ot sa~d ASORTGAGEE, as fu1ly and co+npfe~ely as if aii of ~he sa~d s~ms of rraney were o.~g~nally st~pulated o be pa.d on svth dsy, a~ylh~ng in sa.d p~om~ssoty note or in this Mortgagt to th: contrary nutwnhstanding; and Ihereupon or thereafter al Ihe Option Of s= d h10RTGAGEE, v~~rhovt nor;~e or demand, suit at taw or in equ~ty, therefore or thereaf~er begun, may be prosecuttd as if all moneys secured hereby r_d matured pnp~ f0 ~t3 u~st~tut~pn. ~ 7. That in the e~e~t rhat a? the beg(nn~ng ef w at any t~me pe~d~ng any suit upo~ this Mortgage, or to fweciou i1, or to refwm it, or to en(orc~ c~;ment of any r.e+~+s hre~nder, sa~d h1ORTGAGEE shall appty to the Co~rt havu,~ i~r~sd:a~on 'hereof for fhe appo~ntment o~ s Receiver, svch Court shail ,-e4„~;sh ar.r~.;or ..=:~s:o: af -a:!asard c:o~ersr a!! a^d ier~~!ar. e^c!:.~:^c a!! a~d s~~~gv~ar iF:e income, prof~~s, iss~es and revenues from whatever s_~.,~ce denved. e::ch a~d every of w~.:h, ~f br~ng exp:essly vnders+ood, is F.e:e~y morrgaged as if spec~f~caliy sN forth and described in the qraroing and ~ ~oendum cavses hereof, end wch Rece~ver ahatl have an the bruad and effea~ve funct,ons and powers in anyw~ie emrusted by • Cou~t to a Recrive~, a~d s:h appoinrme~v sh:~l be mcde by svch Covrt as an ad nitled equity and a matter of absowtr r~ght te said MORTGAGEE, and withoul reference to the _:~•qvacy or ir.adtquacp of tk:r vai~e oi fhe propErty mo.tgaged or to the so~vancy o. m>o:.ency of sa~d MORiGAGOR w Me defenda~ts, and that sucn ~~s, prof~ts, inco.ne, issues and reverwes shail be appued by such Rece~ver atcord:t~g ~o the iien or eq~ity of said MORTGAGEE and the practice of such Court. B. To du'y, prempt:y and ful#y perfo~m, d~scharge, execute, effect, compiete, compty with and abide by each and every the stipulations, agreements, _ ~~~d~t.:,~~~ ar..~. :o.~~ a~„s >o.~ p:o.:,.,, ~ ~ ..c:e a::~ :h:s :ysya !c.th- 9. That +n the event rhe owr.ership of the mortgaged pre~~.ses, or any part tF,ereof, becomes vested in a person other than !he MORTGAGOR, ths :"~RTGAGEE, irs wccessers ar.d asvgns, m.ay, w~ihov~ ner~ce ro the AtORiGAOR, dea~ vv~th s~ch suFcesso~ o+ successor in interest wi~h reference to thla ~•+gaye a^d ~he d_•ut hereby secured m the aame manner as v~ith ltilortgagor w~thout ~n any way vit:a~irtg a d:scharg[ng tM Mortgagor~ liability herr • ~er or upon the drCt here:>r sec~r~d. No sa!e of ~he p~e•~:~srs hareby mo~rgaged and no fo+bea~a~ce on the part o4 rhe MORTGAGEE w its successors ass~gns a~d na eatens~on ot ~he t,me +or rhz payme~~t oi the deb! he.eby secured givan by the MORTGAGEE or its wcte:sors w ass~gns, stiall operat~ o re~rase, d scha-ge, n.wi~:y cha:~e or affect the o•~g~nat I~ao.irty of ~he AM1ORTGAGOR herein, e~ther ir. whole or in part. 10. It is spec ticaliy ag•ead rhat t~me is oT the esse~ce of th~s contract and that no waiver of any ob~~gat~on herevnder a of the obliflation se- „•ed hereby aha!~ et an~ t~~~C tbereatter be he!d to be a wa~~e~ of the terms hereol w of tFx instrument iewred herby. 11. In ecid t,;; ~ eo ?he f~r~3~ n p^.~h'y ~:Jy'~•:•~TS of E:n••c pal and i,~~e~rs+ re,u,r~d by the prom.ssery no~e secvred hereb/, mortgagor eovenents .+g~_es ro ray ro crryjgee ~~~h ra:h ~-,omh.y Ha,~ .ent ar add~~wna: s~:,~ ~-s+ ~ a~ed by mo~~yagee ro oe equal to 1, 12 of the ann~al cost of the follow- A--A:; r~;i ,rope*•; far_s ~e:~_d or assrss~~o ag~~ n: ~hc af~~ve drst~~t_~d r;at esta~e ! B Pr ns on f:re e~:d +v:r.dsto•m insu.arce as i~ere~n •eq:,:red to be carned en fhe .mrrovemeats s~tuate o~ the above described premises. ~ C-Pre•-., •s o~ s:;ch no.'+~opr 9udrdr.!y ~r;o+a~,ce as mr.ryagee shait he~~ f~^e to i,me deem fit to carry on ~he ioan secured hereby. ~L'lo.~gegre s~, '~~c ~ e: ~•r to t~ ~e nc>~1> :*~enysyo+ ~n wr;t~r.g of the a•rou~t d~~ ar,d payab!e hereundrr e~~d such s~~~ shall ~here~pon be due and e o~ tnr :~.:e ~ e~s~-; pay•~ent a:~d e~ch success~ve -.~on~h tne~eaf~,• ur.~i! mortgagee shalt not,fy morrgagor of a change in wch -•~n!. Such SJ1T~S s' a` t.e ap~ ~ed by mor~gag~e to..a~d the pay~r.ent of reai prope•ty taaes, insurance prem.ums, and mortgage guaranty iniurante ' ~"~11VnS~ - W';JITriE~S :.McREOf tne sj:d MORiGAGOR has hereunto sef h+s ha~:d a~d seaf ~he day and year first atwesaid. ~ t S~gned, Sea'ed and deiivered in the presence of: ~ ~+n s _ Pear oss, a ~ri ow _ ~r- - - - (Se•Q ` n"q ~ ~-r, „v'i:.. i _ ~-fr'f~!? - - (S~aD ~ ~ ~ ~':.TE OF FLORIDA ~ 1 ~ uyTY OF St • 1.d~Cle_ j ~ Befxe me p ersonatl y a p p ea~cd Pedtl RO55 ~ ~ - ~ h~Q~ ro me well 4nown s:.d knowe to me to be •~r ind~v~dua~ descr~brci in and who executed the foregoing iRStrumem, ~nd acknow:edged before me that ~ eaecvted fhe same for the purposea z _ e - rhe•~~n expressed_ A~d t;: x~ - 3i WITNESS my har+d and off~c~el seal th~s_ day of N~ ~r A. D. 19 71 /L - ~ ~ ~ Norary Put!K in and fw the ate o Fiorids ~f ~ L~t~ ' My Comm~ssion expirer. ~j'~~J,~~.~~`~~ , ' Retvm To: ~Y ~r~y~~,~ ' ~ _ F~nt Federat Savfngs S loan Assouat.on ~;~4 ,"""F V t o< P. . NQ~E~Q~ :.y;~ ~ r~, J~. F,.f F~~~.~, f t ~ E G t ~ o u w t Y~~ . o.: . uC E - C~ _ 9S- R~~ ER pplt~~t =i O~ j Q C1riC~~~ ; ~ : aE~~R~ YEa~i1E0 - ~~~"~,~.;~1A~,:=•~! y : This Instrumert Prepared By RiChatd K. Kayes 'A 47 p~~~` , First Federat Savings 8 loan Association ~y 23 [ ~ r: oT Fcrt Pierce ~ Florida ~ 21932~ ?a - ~~•7~ = Checked BY - i~i e~ - BGRK 1~7~ PACE~IJJ <-<~ y . . . . . . ' _ _ _ _ _ - ~F . . , : . O _t - . . . . -i ~ ~ ~LF . . , 'M . .._.,~f~i