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To place and co~tinuo~siy keep on the bui'd~ngs now or hereafttr e~tuate on sa~d land and on alt eq~ip~nem and personatly covered by ~hiti mo~ ege, w~~h all prem~ums thereon pa,d ~n (~II, fue ins~rance ~n ina us~al s~e~x~a~d pot~cy io~m, in a s~m aHp~o~ad by th,: MGR:~~GEE, a~~d x~~~da~o mnurance in the us~al i~arda~d poi.cy form, in a sum appro~ed by the MORTGAGEE, in wch company or tanFan:es as the rA~2TGAGEE m d~rech and all fire ard w~ndstorm insurance polic~es on any of sa~d bv~~d.ngs, any interes~ therein or parl ~he~eof, in the aggrrga~e su~n afo~esa~d , in eaccss thereof, thatl co~rain the us~at sfanda~d mori9agee ciause'or such other da~se •s ths Mor~yaqe~ may req~~re, ma~ing ~he ~oss undrr s.+~d po ; c~es, each and every, payab~e to ss~d A10RTGAGEE as 1ra in~errs~ may appear, a~d each and eve~y such po~~cy shall be piompuy a~s g~~rd a~~d ~e:~verrd ~ any held by sa~d h10RiGAGEE as (urther security to ~a~d mortgage debt, and, not lesf ~han ten (101 days in ad.ance of ~he eYp~~a~~on of each ~w6cy, to d. Lver to sa~d MOR(GAGEE s renewat thereof, toge~her with a receryt for Ihe premium of such renewal; and there ihall be ~o f.re or w~nds~orm inw~anc placed o~ any of said build~ngs, any interea~ the~e~n or part the~eof, u:+lesa in fhe iorm and w~~h the loss payable as a(oresaid; and in ~he eYenl any sun of money becomes payable undcr wch polity or pol.cies said MORTGAGEE shalt ~ave ~he apt~o~ to recc~ve and app!y the aa~ne on acco~nt of the h~drbf~d ness sK~red hereby a ro permit said MORTGAGORS to receive and use it p any parl the:c~f ior o;ii~•r pu~poses, v.:~hw1 th ur ~7 ~"'a~~~~ +n9 any equ~ty, tien w right under or by virtue of this mo-cyage; and in the evenl sa:d MORTGAGORS shall for any ieason fail to keep ~he sa~d pre~nis;s so msured, or Iail lo de~~ver promplly any of sa~d polkirs of ins~ran~e to sa~d MORTGAGEE, o~ (aiI promptly to pay fuUy any p~r~~~~~~n thcrefw w m a~~y respect fait to pe~twm, discharge, execute, efiecl, compiete, co:nply wi~h and ahrde by this cove~ant, or any part he~eof, sa~d MORiGAGEE may piace a•d pay for such irtsurnnce o? sny part thereof w~ehout waiv~ng or •f(ruing any opt~on, Gen, equ~ty, or ngh~ ucdrr o? by virrue of Th~s Mor~gage, and ~hc full amount of eath and e.ery such paymero shall be immed~ately due ar.d payable ~nd shafl bear interes? from ~ha date thercof until pa~d at the ra~e ol n~ne per tentum per annum and to~r~her whh suth interesf shali tx srtured by the lien of this mortgage. 1. To permit, commit or ~uffer no waste, impairment or deterioration of said propersy or any part fhereof. 5. To pay all and sing~lar the costs, charges and expe~ses, including a reasonable attorney's fee and costs of abstrads of titie, incu~red or pa~d at any ~ime by sa~d MORTGAG'E, because or in the evero oi the failure on the pan of ~he said MORTGAGOR ro duly, p~wnptly and fuily pe~fwm, d~scharge. _xecute, effecl, complete, comply wnh and ab:de by each and every the aGp~Iarons, agreements, canditions, and covenants of sa~d prom~ssory ~ote and ih~s ,~o+tgage any or either, and sa~d costs, charges and expenses, each and eve?y, shall be immediately due and payab!e; whethcr w not there be not~ce dr R:and, attempt to coI{ed or svit pend+ng; and the full amount of each and e~ery such paymem shall bea~ inte~est from ~he date thereof until pa~d at thc •~~e o~ n~ne per cen~urn per anuunr, ond all said costs, charges and ex;Knses i~curred w pa~d, together w~th such interesl, sfiall be secured by the Gen of Ih~~ mort9age. 6. That (a) in the evcnt of any breach of ~his Mo~tgage or default on the part of the MORTGAGOR, or (b) in the event any o( sa:d sums of money here~n referred to be not promptly and fully paid wirh~n rhury 13~) days next airer the same severalty become due and payable, w~thout demand or nouce. er (c) in the event each and every the stipulations, agr?ements, cond~tions and covenants of sa.d promissory note and th~s mo~tgage any or e~rher are no1 iuly, promptly and lul~y performed, d.scharged, eaecuted, effeued, completed, compl~ed wirh and abided ~iy, then ~n enher a an~ such event the sa~d ag ~rcgate sum ment~oned in said promisswy note then remaining unpa~d, with intere;t accrued, and ait moneys secured hereby, shall become d~e and pay ea:r forthwith, o~ rherea(ter, at the opr~on of sa~d MORTGAvEE, as fuily and complere~y as i1 all of the sa~d sums oF money were or~gm~lly s~~pu:a~ed ro be pa~d o~ such day, any~hing in sa:d prom~ssory ~ote o~ in this MorTgage ro ihe co~rra~y notwahsrand~ng; and thereupon or fherealTer a~ the op~~on of sa.d MORTGAGEE, w~rhout no~~ce o+ demand, suit at law or in equ~ty, thereEore w thereafter begun, may be proxcuted as if a11 moneys secured hereby n,d mafured pnor ~o its inst;tut~oo. 7. That in the event that at !he beginn~ng of or at any time pending any suit upon this Mortgage, or te fo~eclose it, or to rcform it, or fo eniorce payment of any cia~m: he~eunder, said MORTGAGEE shatl apply to the Court having jurisdktion thereof ior the appointment of a Rece~ver, such Cou~~ shail fc~rhwith appoint a.eceiver of sa~d mortgaged property all and singular, includ r.g ait and sinyu~ar the irtcome, prof~ts, issues and revenues from whatever s_urce derived, each and every of wh:ch, it be~ng expressty unders~ood, es hereby mortgagcd ss if ap~eiticslly set fwth and desc~ibed in the granring and habendum dauses hereof, and such Receiver shall have all the broad and effect~ve (unct~ons and powrs ip anyw~se enuusted by a Cou~~ to a Receiver, a~d s_ch appointment shall be made by such Court as an ad•nitted eq~ity and a maner of absolute righ~ ro sa+d MORTGAGEE, ~nd wi~hovt reference fo the adeq~acy or inadeqvacy oi the wtue of the property mo~~gaged o~ to ~he so~Yency or mso~vency oi said MORiGAGOR or the defendants, and that s~ch re~+s, profits, incane, issues and revcnues shaH oe appfied by wch Receiver accord~ng to the iien w equity of said MORTGAGEE and the p~acnce of svch Coutt. ~ 8. To duty, promptly and fully perform, d~scharge, execute, effect, complere, comply with a~d abide by each and every the stipulations, agreements, conditions and covenants in sa~d promis:ory note and th;~ mortgage set forth. I 9. That in the event the ownersh~p of the mortgaged p:em~ses, or any part thereof, betomes vested in a person other than the MORTG~?GOR, the h'~RTGAGEE, its successon and asvgns, may, without notice to the MORTGAOR, deat w~~h wch successw or succeswr in interest with reterence to this .*~e~~gage a~d the debt hereby secured in the same manne~ as w~th ~torrgagor w~thout in a~y way vitiating er dacharg~ng the Mortqagori liability hero- u~der w upon the debt he:eby secured. No safe of fhe premises hereby mo~tgaged and no forbearance on :he part of the MORTGAGEE or its svccessws or asvgns apd no e,crension •of the time fur the paymem of the debt hereby secu~ed given by the MORTGAGEE or its successors or au~gns, stiall operate ~o re!ease, d~scharge, modify change or affect the orig~nal liab~lny of ~he MORTGAGOR herein, either in whole or in part. 10. It is spec~fica:~y agreed that time is of the essence of this contract and that no waiver of any obt~gaf~on hereunder or of the obligation se- c~red 1~ereby shall at any time thereaher be held to ba a wa~+er oF the terma hereof or of the insrrument secu.ed herby. ! 11. In add:t:c~ to the forego ng monthiy paym_nts of p.mc pal and inre~e:t requi:ed by the prom sscry nore secur¢~ he~eb~, mortgagor covenants ` a^.d a rees to a to mo:t a ee vcith each monthi a r.~ent an addr.ional wm est~mated b mort s ee Io be ual to 1 12 of the annual cost of the follo.v- ~ 9 P Y 9 4 Y F r Y 9 9 ~9 i ~ ~,g: ! ~ A-All real property taxrs le•ned oe assessed aga~~.st th~ above desc.~bed real estate. e ~ B-Prem~ums on fire and windsto~m insurar.ce as nere~n requ~red to be carried on the improvements s~tuate on thc abovc described premises. ~ C-Pre.riums on wch mortgage guaranty irsvra~.ce as mortgagee sha:l from rme to t~me deem fit to ca~ry on the loan secured hereby. E Mortgagee sha[1 fiom time to rime not~fy mo~tgagor m writ~ng of the amou~t d~e and payable hereundrr and such sum shall thereupon be due and ;~~able on the d~e aate of ~h> next month!y payment and each s~ccessive month thereafte~ ur,til morigagee shall notify mort~agor of a change in such ~ ;-o~nt. Such sums shall tre appiied by mwtgagee toward the paymeM of real property taxes, insurante prem.ums, a~id mortgagr g~aronty insurance •em~ums. ~ IN ~HITNE55 WHEREOf, the said MORTGAGOR has hereunto aet his hand and seel the day and year first aforesaid. ~ / S~gncd, Sealed end de~ivered in the ptesence of: ~ p ~ ~'I'"1L~C..~-( 7 ~ "oe~- 1'CL (Seal) : Dollie Mae Adams ~~8i~ ~ ~ - (Sea~) ~ y _ - (Seal) ~ 5 ~ ATE OF FIORIDA ~ ~ 55. ~ CJUNTY OF St . 1-11C1@ ~ ~ Befwe me peisonally appeared D~lll@_ Msle Adams ~ 8 frld0lt ~ ~ to me well known and krawn to me ro b~ rhe indiv~d~a~/ described in and wFw executed the foregoing instrument, and acknowledged befwe me that=?uy executad. M1l~ ~ar.e fw- fhe purposes ~ rherein expresxd. ~fhs~~ ' F • ' - ~Ess~lhsast- ~ ~~t~pmesas :s ~emtirrt~s~assekso~ass~~qlses~siN~~st~1F7~ii1f~l~eesde~sttlause~~~sims~ta~~as~~il~Ipf~se~frlsaadaoYr~s ~~eq~-_~a~m~¢7a?~olpa~rAii'1Y~ideae~r~Jsas ~scl~r-afx~e~aslassa~~w~d. ` ~ ~ WITNESS my hand and offiual seal this_ fh day of Rebruar J/?; D. 19 72 ,i - ~ - L ``3 Norary Public in and for Nie iiate•of -at,ls+ye " My Comm~ssion eapires: Return To: - first federal Savings a Loan Ass«~a+~o~ NOTNi'T PU~'~AtQ of f10R1DA ~t LARGE Mr CO~IMISSIOM EXPIRES SEPT. 25, 1915 OF Fo,r P c~ce. Bif1OeA 8y Arnerian B~nken Insunnce ~:o. Fort Pirrce, Florlda f~lE~ l'~t., 4FCU~~E~ - St.LUCf"- !ITT FIA. ~'x ROC:" =JItRAS CLERK C- CCtT COURT y~ 4fCOF~ rC' ~F:c:`!L This Instrument Prepared By John W. Collins c `,:s First Federal Savings 8 loan Associatio~ !E8 ~ 13 ~~1Z ; of Fort Pierce , Florida ` ' Checked By - ~`z.~`~,~Q~ ~ooK1y~ ~~~11~9 ~ : - - - - - - - _ . . _ ~ _ f ~ ~ = . - - ~ . _ :