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To place and continuously keep on the bu~'d~ngs novv or he~ra}ter ~;t~ate o~ said land and on aii eq~ip~nent a~d persona~ly covered by th~s mor ege, wi~h •11 prcmiums the~eon pa~d in f~l1, firr inw~ance in the usual s~andard pot~ty form; in s sum approvrd by the MOR~u:.~EE, and w~ndsto ;nsurante in the usual s~andard pol.cy Fam, in a ivm approved by the MQRTGAGEE, in such company w tompan:es as the MORTGAGEE d~rrc?; •nd all fire and w~nds~orm insurortce pofic~es on any of said build~ngs, any inrcres~ therein or pa~~ thereoF, in the aggrr9a~e sum aforesa~d in eacea thereoF, sAall conlain the usual star.dard matgagee c!ause or such other c~ause ss the Ma~gagce msy reau~ro, maMing the ~o~s ~~+dr+ aa~d po c~es, each and every, payable to said MORivAGEE as ~~s interesi may appear, •nd each and e~~ery such po~~cy shall be prompily asa gned a~~d de~~~•r~ed ~ eny Mld by s~~d AtORIGAi,Ef as fu~ther srcur~ty to is~d mor~flage dzb~, and, not leu tha~ ten (101 days in adYance of the exp~rat~on of each pot~cy, ~o d~ Iwei to said MqRTGAGEE a renewal thereof, to9ether with a rece~pt fot the premium of suth renewal; snd ~here shail be no f~re or K~~~d110~~T insurant placed on any of said buitd~ngs, any interett there~n or p+rt thereoi, un!ess in the fo~m and with the loss psyable as afwesaid; and in ~he event any sun of money becomes payable ~ndrr such poliq or pol~c:et said MORTGAGEE ahall have rhe opnon to receive and apply the eame on account of the i~idrbted nris secured hereby a ro permil said MORTGAGORS ~o receive and use it p any pa~t therrof fo. O1f1C~ pu~t•~sef. ~v~tno.,t thrn u: ~va~.~ ~3 c~ ~+~p~~' ~nq any ~quity, lien w righl unde? or by virrue of this mo:'gage; and in the event sa:d MORTGAGORS sha!I fa any reason fail to keep ~hc sa~d premises so ~nsured, or fai) to deliver prompfly any of saed po~ic~es of insurance to sa~d MORTGAGEE, or fa~l p+omp~ly to pay fuity any prenu~m iherefo~ or in a~y respect fai~ ro pe~form, d~xha~ge, eaecute, effM, comptete, comply with and abide by th:s covenant, or any parf hrreof, sa~d MORTGAGEE may p~ace a~o pay fp such insurance o~ any part lheroof w~thout waiving or affectin~ any optio~, lien, equ~?y, or r~ght u~der w by virtue of ~his Mo~tgaye, and the t„II amouro o( eath and every such payment shali -be immediateiy due and payable and ahall brar ineereat from ~he date thereof un~il pa~d ai rhe rate of n~ne per centum per annum and to~ether wiih such interes! shau be srcurcd by the lie~ of this mortgage. 1. To permi/, mmmit or suffer no waate, impairment w deteriorat:on of said property p any part thereof. S. To pay sll ~nd sinyulsr the costs, charges and eapenus, including a reasonable attwney i fee and costs of abstrads of title, incurred or paid at eny time by said MORTtiAGEE, becaux or in the eveM of tF~e ta~lure on the part of ~he said MORTGAGOR to duly, promptly and f~liy ptrform, dacharge :=ecure, effect, compkte, comply w~th and ab:de by each ~nd every ehe sripuiauons, agrerments, cond~nons, and covenanrs of sa~d prom~ssory note and ~h~s rortgaye any w e~ther, a~d sa:d costs, cha~ges and e:penses, each and eve~y, shafl be immediately due ar+d payable; whether or not thrre be no~~ce da ~~and, attempt fo totiect w suit pend~ng; end the full a~nount of each and every such payment shall bear intrrest trom the date thereof unrii paid at the re o{ n~ne per centum per annu:n; anc all said cosrs, cha~ges and ex,~rnses incur?ed or pa~d, together w~th such interest, ahall be secwed by the lien ol th~s mo+tysge. 6. That (s) in the event of any brea:h of th~s Mo.tgage or default on the part of the MORTGAGOR, or (b) ~n the event any of sa:d sums of money hr~ein referred to be not promptty and fully paid within th:rty !3J) days nex~ arrrr the same seaera:ly become due and payable, w~thout demand or no~~ce. cr ;c) in the evem each and e~ery the stipulations, agreements, cond~T~o~s and covenants of sa•d promissory note arnf th~s mortgage any or e+ther are_ no~ i;,.y, p~omptly and fully pe.fwmel, d•scfiarged, eaecutrd, effected, completed, compl~ed with and ab~ded Sy, then in e~thtr w any such event the sa~d ag ~-rgate sum rrxnt~oned in said promissory note then rema~ning unpa~d, with inrerest accrued, and a;l moneys secured heroby, shall become due and pay- ae e forthhith, or thereafter, at tF+e opt~on of said MORiGAGEE, as fully and completely as if all of the said s~ms of money were ong~nally sbpu.ated ~o be pa~d on such day, anything in sa,d prom~ssory note or in this Mo~tgage to ~he cororary r.otw~thstarcd~»g; and thereupon or therealter at the op~~on of sa d MORTGAGEE, without not~ce or demand, suit at law or in eq~ity, iherefore w thereairer begun, may be ptosecuttd u if all moneys setured hereb~ r.;d m~turl~ p~~Ot t0 di in3fit~tiO~L . 7. That in the event that at ihe bcginn;ng ot or at any time pend~ng any suit upon rhis Mortgage, w to foreclose it, or to reform it, w to enforce payr*xnt of any claims hereunder, said MORTGAGEE shail apply to the Court having ~ur~sdct~on thereof for the appo~Mment of s Receiver, such Cou~1 shail r;;r.hwith appoint a receiver of sa~d mortgagrd property a~l and singu'ar, includ ng a~l and s~ngut~r the incame, prof~ts, issues and reve~ues irom whafe~er r~.,rce derived, each and every of wh:ch, it be~ng express!y ~nderstood, is hereby mortgaged as if speaf~cally set forth and described in the graroing and ~ ^3bendum dauses hereof, and su:h Receiver shall have atl the~b+oad and effea~ve funa or.s and po,ne.s in anyw~se entr4sred by a Court to a Receiver, a~•d t s_ch appoiotment ahall be made by such Court as an ad•nitted equ~ty and a maner of a5soiute nght to safd MORTGAGEE, and withou~ reference to the } _~~~uacy a inadequacy o~ the value of ehc property mongaged or to the so.vency or ~nsol~ency of sa~d MORiGAGOR or the defendants, and th;t such ~ _~+s, profits, incane, issues and revenues shaH be appl~ed by such Receiver accord~ng to the Gen w equity of said MORiGAGEE and the practice of s~ch ~ Court. ~ 8. To duly, promptty and fully pertorm, discharge, execu~e, effect, complete, comply with and abide by each and every the stipuiatiens, agreements, ~ , :ond~tions and covenants ~n sa~d promissory note and this morfgage set forth. ; r 9. That in the event the ownersh~p of the mortgaged p~cm~ses, or any part thereof, becomes vested in a person other tha~ the MORTGAGOR, the MO2TGAGEE, its successors and assig~s, may, wirhout notice to rhe MORTGAOR, deal w~th such succe~sor q successw in interost wirh reference to th~s : ~ o•tgage and the deut hereby secured in the same manner as wifh hiortgago: wirhovt in any way vitaaling w d~stharging the Mortgagori' liabildy herr •~der w upon the debt hereby secured. No saie of the premixs hereby mortgaged and no forbcarance on the part of the MOR~GAGEE w its succeisors ~ c, assigos and no exrens:on of the hrrK for the paymeM of the debt hereby secored grven by the MORTGAGEE or its successws or ass~gns, a~iall operete ~o release, d~scharge, modify change or affeu the or~g,nal liao::~ty of the MORTGAGOR herein, either in whole or in part. ~ ~ 10. N is specifically agreed that time is of the essence of this contr~ct and that no waiver of any ob~~gst~on hereunder w of t~YU~D !e- ; cv~ed hereby shal{ at any time thereatter be heid to be a wairer of the terms hereof or of the ~nstrument secured herby_ ~~f`r ~~q~ ~ ~t~ V ~i ' 11. In add.t;on to the forego ng mon~h~y payments of p~inc pal and interest requ~red by the prom:sscry nore secured herel~; ~r~dN . i ~^d ag~ees to pay to mo-tgagee with each monfhiy pay~nent an add:~~onal sum esr rra~ed by mortgagee to be equal to 1 12 of tF~ ~~~~cptf d1~i''~ E ",3 ~ - A-All real property taxes lev~ed or a.sessed aga~~st the above described reaI esrate. z . Y . ' B-Prem~urns on fire and w:ndsrorm ~nsu.ar~e as nere~n requ:red to be carriecf en the ;mproveme~ts s~tuate on the above ~~bee~r~si~r`~. ~ i C-Premiums o~ such mortg3ge gvaranty irsurar,ce as mo•tga3ee sfia~l fror^ t me to time deem lit to carry on the ~oan seG~~/'h~. ~ •'t~ ~ i Mwrgagee sna:l f.om nme to f~:r,e nor~fy mo.tgagor m writ~ng oi the amo~~t d~e and payabie here~ndrr and such sum shalj ~r1~~P~~~~~d ~ ; svable on the d~e oate of ~ha next month:y payment and each successive month thereafter ur.t~l mortgagee shall noufy mortgagCw, ~J~~it~s h 1 E .'~~AU(1T. SlKI1 sums sha'.i be app:~ed by mo.rgagee to+vard the paymenf of reol prcperty taxes, inwra~ce prem.ums, a~~d mortgage~'•~ ty uTa~oce i ..~=m~um3_ NMI/lln~~~'~ . ~ IN WITNESS Y~MEREOF, rhe sa~d MORTGAGOR has here~nto set his hand and seat ~he day and year first aforesaid. ~ S' ned, Sea~ed a deliver ~ the presence of: ?S~S~~ I 0liE P~~ ~ri • ~ _ rnest i s ident xs~~ - cs~ao _ ~ i' Atte st 2 (~aq ~ Jo . Lon Vice ~ - a~~ ~ ~ _ _ ~t ~ ~ _ _ _ ~ ~ ~ At 5 ~ ATE OF FLORIDA ~ COUNTY OF ST. WUE k ~ I HEREBY CERTIFY, That on th~s ~_day of______ Janna~'J _ , A.D. 19 72 , " oefore me personally appeared g~at (3ersani and John R.LonR ~ respectively President and _-Sice Preaident _ , of ~ _ Sunshine ~bbile Ho~ PaYic. _ Inc. a_______FZO!'1d8 _ Corporation, to me _ known to 6e the persons described in and who executed the foregoing instrument, and severally acknowledged the exe- cution thereof to be their free act and deed as such officers for the uses and pursoses therein mentioned; and that they 4 affixed thereto the official seal of said corporation, dnd.fl~. jaid instrument is the act and deed of said corporation. ~ r,~ ~ , ;NITNE~S my hand and official seal at Fort Pierce , said county and state. =:z Thia instr~ent pr8pared bp 1~ie. E. ' - First F'~ederal Savings and Loaa Aaao~ i'~ ~ _ of Fort Pierce, Florida . _ ~~''~.tti'"~' l~~ .fi~b~~c, in d for t e and Count aforesaid. n ~r • ~ssion pires: ~ . ~ ~7.3 ~ f1Lt0 AMD itfCOR~E ~ 'y~ =T.l1iC1 R~PO TRAS~~'i ys J~ ~1Q7PRY P~:3C{C STATE Of F(()~ZIGA AT LA~i ROCE M,. ~~.j~~Q~;,'~_. MY CG%l.t,~iSS;ON EXPIRES AU.';. F, ~o~g r_c-. G~J~ GENE21L INSt;s2ANCE UNDERWRITERS, INC~ ~ _.~+L-~- ~ . ~ Checked By ~ ~ n 4 ~ ~ ~ 3 0o PN'7Z Ju~ ~T ~ 9 . Bo~Ksy9 459 z,~zssz