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To place and con~inuously keep on The b~,~'dings now or here~Fta utw1~ on said i~nd ~nd on a~i equipmem +nd penonatly covered by thi~ mw ( ~ys, w~~h all premiumt ~hcreon pa;d in iutl, fire insw+nce ~n ~he uwal tt~nde~d poGcy fo~m, in a•um approved by ~he MOR~GAGEE, a~d w~ndsto r insur~nc~ in tM usual s+andard pol~cy (orm, in • s~m approved by Ihs MORTGAGEE, in i~ch carpany or compan~es aa Ihe MORTGAGEE m ~,rect; and ~11 iirl •nd w~ndato~m insurante poticies on ~ny of ssid b~i~d~~Qs. any int~re~l therein w p+rl thereoi, in th~ s99re9at~ tum afaesa~d i in •aceu thereof, sha0 contain the vsual ttandard malgagsa claus~ o~ suth o1hN claus~ ~i ~M Mortfl~g~e msy requ~r~, makiny tne loss under sa:d po ' c~es, ea<h ~nd eve~y, payable to s~id MORTGAGEE a~ its imerett may appea~, ~nd each ~nd eve~y tuth pol~cy sh~ll be promptty •?s g~ed a~d de;~vered ~ any held by ~id MORiGAGEE ai ivr~he~ securiry ~o s~1d mortpape deb~, and, no~ lea than t~n (10) days in sdvance oi the exp~~at~on of each po~~cy. ~o d: liver to ~aid MORTGAGEE a renewal thereot, to9tthtr wilh s receipt for the pr~m~um of such renewal; and ther• 1ha11 b~ no f~re or winds~orm insurant plxed on any of said buildings, any interest therein or p+r~ thereof, unle~s in the (o~m and w~th ~he ~osi payabl~ as a(aesa~d; •nd ~n the event any s~n of money beconxs p~yable under such pol~cy w pol~cies taid MORTGAGEE shall Mve the opt~on ro ~eceive snd apply tF~e same w+ account of the indebtrd ness setured hereby a ro permit said MORiGAGORS Io reteive and us~ i1 a any pa•t thereof lor o:hcr purposes, v.~~hovt ~h~•. bi ~va~~~ ~g Y unpa~r iry any equity, lien or righ? under a by virtw of Ihis mo:!gage; ~nd in the evenl isid MORTGAGORS shall for any reason fail to keep the sa~d premisrs io intured, a fail ro deliver promplly sny of said pol~cies of insurorxe to sa~d MORIGAGEE, or fail promptiy to pay lully a~y p~e~nium therefor a in a~y rrspect fail to perfwm, d~scharge, e:ecu?e, elfect, complete, comply wi~h a~d ab~de by this cove~+aN, or +nY part ha~eof, sa~d MGRTGaGEE may p~sce a~~o psy fa suth inaurance or sny pa~t thereof wi~hout w+ivirg or sffeuinp any op~~on, lian, squ~ty, or npht under a b~ vinue oF th~s Mor~9age, and the f~!I amount of t~ch and ~very such payment shall be immediately due and psyabls and shall beu interest from tM dat~ ~hereof until p~~d at the rate o~ nine per centum per annum and to9ethrr w~+h such inte~est shali be secured by the lien of thii morl9sye• 4. To permit, commit or sufier no waste, impai~me~t or deterio~ation oF said property w•ny part tF+ereof. S. To pay •11 and sinyulu the cost~, cMrges and eapenaes, includinp a reasonable ~»aney i fee and cos~s of a6stracts of t;tle, incurred o. pa~d et any time by said MORTGAGfE, bacause w i~ Ihe even? of the failure oo the pan of the said MORTGAGOR to duly, promptly and fully perfwm, d~uherqe. execute, efiect, complete, comply w~th and ab:de by each •nd every the st~pulae~ons, ay:eameros, condit~on~, and covenants oi sa~d prom~siory rwte and ~h~s mortgaqe •ny or e~thsr, ~nd uid costs, char~et and ea{xn~es, each and every, shall bs immedia~ely due and payable; wheiher w not the~e be not~ce dr mand, attempt to colled w tuit pend~ng; and tha (ul) amount of each and evcry such payment shatl bear intereit (rom the date thercof until paid at the ~.,re of nine per centum pe~ an~wrn; and all saed costs, charges and eaper~ses incurred w paid, togeiher wnh iuth interos~, sha~l be secured by the I~en of ~h~~ mortpay~. 6. That (a) in the event of ~ny breach of this Mortgags a deFault on the part of the MORTGAGOR, a(61 the ~vent •ny of sa~d aums of mo~ey herein refer?ed to be ~ot promptly and fully paid within Ih~rty (30) days neat aiter the same severatly become due and payabte, w~thou~ demand a not~cr, or (c) in tF~e event each and every the stipvlations, sgreements, cond~tions and covenants of sa:d promisw~y note and th~s matgagc any w e~ther +re no~ i~ly, promptly sr+d fully performed, diuharg~d, executed, effect~d, completed, compl~ed v~ith ~nd abided Sy, then in e~ther w any such event the sa~d ag gregate wm menrioned in said promisswy note then remaininy unpaid, with interest accrued, and aIl moneys secured hereby, shall become due and pay eo!e forthwith, w thereafter, at the option of said MORiGAGEE, as fully and complerely as ii all of the u~d sums of mo~ey were or~ginally si~pu~aeed ro be pa~d on svch day, anything in sa~d promisswy note or in this Ma!gage to the conrrary notwithsranding; and therevpon or thereafter at ?he opr~on of sa~d MORTGAGEE, w~thout nofics w demand, suit at law a in equity, therefwe or tFxreafur begun, may be p~osecuted as if all moneys secured hereby had matured pno~ to di institution. 7, That in the event tAat ~t the beginning of or at any time pending any suit upon th~s Mortgage, w to foreciox it, or to reform it, or to enforte paymcM of any claims he~eunde~, said MORTGAGEE shall apply lo the Court having ~u~~sd:dion thereof for the ap~wintment of • Receiver, such Covrt ,ihafl Forrhwith •ppoint a receiver oi taid mortgaged property all and singutar, includ~ng aIl and singular the incoma, prol~ta, issws a~ re~e~ues from wha?ever source derived. each and every of wh~ch, it be~ng expressly understood, is hereby mor~gaged as ~f spec~ficaUy set fwth and de ribed in the grant~ng a~d habendum clauses hereof, and such Receiver shail have all the broad and effec~ive funct,ons and powen in ~nyw~se entruated by a Cou~t to a Recaiver, and s:ch appointment shall be made by such Cour1 as en sdmitted equ+ty a~d a matter of absolute right to sa~d MORTGAGEE, u?d without. rpfe~ence to the edequaq w inadequacy of the value of the property mortgaged or fo the smve~cy or ~nsalvency of sa~d MORiGAGQY, or the defe~daMS, and that such ~en!s, profits, incane, iu~es and revenves ahall ba applied by such Receiver accord~ng to the lien or equity of uid MORTGAGE[ and th!'practice of such ~ Court. 8. To duly, promptly and fully perfwm, discharqe, execute, effcct, complete. comply w~fh ~nd abide by e~ch and every the sfipulation~, ~greementi. conditans and covenenq in sa~d promissory note and th;s mortgage set forth. 9. That in tM event the ownership of the mortgaged premises, or any part thercof, becomes vefted in • perwn other than the MORTGAGOR, the MORTGAGEE, its successors and sssigns, may, without no~ice to the MORTGAOR, deai w~rh such successw a successor in interest wi~h refcrence ~o thia me~~gage and ~he debt hcreby secured in the same manner as with Mortgagor w~thout in any way vitiating or d~uharging the Nbrtgagori ii~b:lity hero- under w upon the dchl he~eby sec~rcd. No sale of the premises hereby mortgsged and no forbearance o~ the part of ~he MORTGAGEE w itf successors ( o. assg~s and no extension of the time 1a the payment of the debt hereby secv~ed given by the MORiGAGEE or its successorf or auigru, shall operate ro release, d~uharye, modify change w affect the original liab:f~ty of ~he MORiGAGOR herein, either in whole w in pait. 10. It is speufically agreed that time is of the essence of tnis contrad and that no waivet of any ob~igation hereunder w of the obligat~on sr cvred hereby shall at any time ~herea4ter be hetd to be a wa~ver of the terms hereof w of the instrument securrd herby. 11. In add~tio~ to the iweg~'ng momh!y payments of princ pal snd inrerest req~~red by Ihe prom~ssory note set~red hereby, mortgagot covenants and aqrees to pay to mo:tgagee v~ith each monthly payroem an add~~~o~al sum estin,a~ed b~ mortgagee to be equal to 1;' 12 of t:~e annual cost of the follow- iny: - A-All real property taaes levled or assessed against the above d"esvibed real cstate. B-Premiums on fire and wirtdstwm insu~ance as htrei~ requ~red to be carried on the improvemenls situate on the above d-scribed prtmisei. C-Premiums on such mortgage guaranty insurar,ce as mor~gaqee shatl from, t:me to ti~ne deem fit to carcy on the loan secured hereby. j Mortgagee s!:aii from nme to time notify mortgagor in writ~ng of the amount due and payable hereundrr +nd such sum shat! thereupon be due and ~ ;,yable on the due aate of ~he next mon~h!y payment and each succeasive month thereafrcr ur,til mortgagee shalf notify mortgagw of a change in such ' e.ount. Such sums sF.ail be applied by mortgagee toward the payment of real proper~y taaes, insurance prem:ums, a~~d mortgage 9uara~ty ins~rance c~remiums. • . ' IN WITNESS WHEREOF, the :aid MORTGAGOR has hereunto xt his hand and seal tlu day and yesr fint afwesaid. ~ \ Sgned, Seal snd elivered in the pr~sence of: ~ . ~n ~ l J LL~ ' ~$es4 ~ ' ~ ~I) ~ \ ~ _ s an ~ _ 1ly1 • ?Z O!Q (Seaq ~ 51ATE OF FIORIDA ~ ~ St . Lucie COUNTY OF , ~ Befwe me penonally sppeared •J@rlj/ C. B~1'ZOfr6 ` ~ AudrQy G• BarlO~~ ,~,~;fe, to me well known and known to me to be ' ~ rha individwls described in ~nd who eaecuted ~M fore9anp instrume~t, and ~cknowledyed befws me that they •xec~ted the same fu the purposes rherein exp~essed. And the said Audrey G. Bat10Me ; .v~fe of the ssid er~~ • ~pon a sepa?st .~vat~ ~ e¦em~nat~on by me taken scparate and apart from her seid husband, sckrawledged to and befwe me t t sAe execvted said ins:rv~nent ~ y~. ~ rar~ly and w~~hout any compulsion, constro~nt, sppr~ ~on,~ teu of w from her a~id huibsnd. ~;~r 3 - WITNESS my hanrJ and offiNal seal this day o! " 19~'~~: / _ f' - Notary Publ' ' nd Ew T State . _ / My Comm~uion ~:pires: ~ s ~~V ' r> Return To: ~ I~~~/', ~ r: First fedenl Savings 6 loan Asiociation '`1 ~ Of fort P;rrce. '%?1 Y' F LEO AMD RECOi1QEQ ' r`7" _ Fort P~erce. F~or~da ' j' n• ' Y• i~.IUCtE COUNTY fi~. l . , : - ROCEK PO?TRAS ~ c~EAK c~aCU~t cOU~tTt~~ RECORQ YERIFIEO~.~...~:~ This Instrument Prepared By John W. Collias CEO ~J ~0 ~2 ~~~Z i~ - First Federal Savings b Loan Association ~ =.~3 of Fort Pierce ~ Rlo=ida Checked By _ _ ~Sv~ ~ ~ °t` d00K~VV P~f~~~ , ~ ? ' ~ _ ~ g;~~~ _ ~ . _ . _ _ ~ ~