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To plece and co~r;nuously keep on the bu~ d~ng~ noa o~ hereaher ~~~uete on sa~d iand and on a:I cq~~p~~~en~ a~ d pe+sona~~y cc~r~rd by thi~ mo~ sge, w;th all prem~u~ns thrreon Nad in full, 1~re ~nsurance ~n Ine usual ster.d~~d ~,ol~t/ fom~, ~n a sum a~Nroved by ~he h1vk~~:.'vEE, a~:d r.•'~ditu ~nwrance in tha us~al s~anda~d po•.cy fo~m, in a sum ap~:ro.ed hy ~he MORiGAGiE, in tiuch COinpd~y or co~npames as ~he ~'~U~iG~GfE d~rett; snc~ all fire and windstorm insuron~e po!~c~rt ori any O( se~d bu~ld~~gs, any inleresl therein or par? thrrcol, in the agqr._•ga~e s~~n aEoresa~d in eaccss IAereof, shall con~a~n the uswl sta~~dard mor~9.~gee uause or such othcr dause es the Mo~tgayre may requ.re, ma\~ng thr ~c~s undrr s.•d po c~es, each and every, pa~ab!e to sa~d hIJRTGAGEE as ~rs :merasi may appear, and each and eve~y avch po:.cy shatt be pru~:p~~y asag~~rd a~.d de.~.~~ed : eny held by sa~d V10RiGAGEE as (unher sec~nty t~ sa~d rnor,gage deb~, a~:d, no~ k~s than 1en (t0) days in ad.a~~ce ol the eap~~ot~on o1 ea:h po~~cy, to d. i~ver to said MORTGAGEE a renewal the~eoi, to9ethrr w~th a rece~W for thr prem~um o1 suth re~~ewa~; and there shail br no t~re or w~r.~s~c•m inwranc plated on any oi sa~d b~i!d~ngs, any lntcresl therem or part fherrof, ur.irss in ~he form a~xl w~th the ioss payab'e as a4c+esa~d; and in the e.ent a~+y s.:~ of money bccemes payab:e ~ndcr s~ch pol~cy or puLcia> >j~d MOkTGAGEE shall t~ave the up~~on to rec<-~ve end app:y tne sa~~~e on ao:o„~~~ of the i~~,3~•b~.~J ness secured hereby or to perm~t aa;d MORTGAGORS to rece~va and ~se it w am~ ~~.~rt the:~~of rc. o~~~•-r ~:u~~ _ses v..~n.,:! i!, ' 1 P•~' fng any equ~ty, I:en a righ~ under or L-y vutue of th~s mcv'gage; and in the event sa~d MORiGAGORS sha!1 `.or any raaso~ fa~l ro keep the sa!d pre+n:s:s so ~nwred, or iaii to de~~ver promptty a~y of sa~d ~wl:c~es of inswa~~ce to sa d AtORTGAGEE, or fo~! promptiy ~o pay f~l:y any prr~~..,•n ~herrtw or in a~~y respctt lail to pe~form, d~schaige, taecute, e(feU, tomp~et~, co•nply with and a5~de by th~s covenant, o~ any pjrt htrro(, Sa•d I.lGRI~-:GEE may H~aa~ a a pa~ fw :~ch inwrance or any part thereof wnhout waiving or af(ecting any optwn, lien, equny, or r+~h! ~~}der or by virtue oi eh~s Yo~rg~ge, and nc~ fuil amount of eath and every such payment shall be ~m~ned~etely due and payable and shail bear interes~ from ~hr date tnercof v~~til p,.~d at tne r~te ol n~ne per centum per ann~m an~ to3rth~•r w~th wch int~rest sh~i~ be sewrcd by Ihe Gen of thia mortgage. \ To permit, tommit or fu(fer na waate, impairment or deter~orotion of said property or any part thereof. 5. 7o pay all and singular the costs, charges and expenses, ~nclud~ng a reasonabie attorney's fee and costs of absrratts of tit!e, incurred or pa~d at any ~ime by sa~d MORIGAG:E, because or in the erent of the ia~lure on ~he part of ~he said MORTGAGOR to dvly, pianptiy and f~l~y per(orm, d~scharge eaec~te, effKt, comptete, cflmpty wrth and ab.de by each and every the sripula+~ons, agreem~nrs, condn~ons, and covenants ot ~a~d prom~ssory nofe a~~d ~h:s ~,orrgage any or e~~her, and sa:d costs, charges and exFenses, eacl: and evrry, shaU be immrd~ately due and payabte; whe~her o~ nof rh~re be ~o~~ce da mand, attempt to tol(ect or suit pend~ng; and the full amount of eech and e~ery svth payment ihali bear int.•.est from ~ht date therrof until paid a~ ti~e r.•re o~ n~ne per centurn yer annu n; anc! alt said costf, ct~arges a~d eapanses incurred or pa~d, toyrther w~th such ~nterest, shall be setured by the I~en of th~~ _ , mortgage. 6. That (a) in the event of any breach of this Mor~gage or default on the part of the MORSG+>GOR, or ;b) in the eve~t any o1 sa:d sums of money he~ein referred to be not promptly and fully paid w~thin th~rty (301 days nex~ a=re~ the sa~ne ;eve~a":y beco~~~e due and pa~rab!e, vv:thout de~nand or not~cr, er (c) i~ the event each and every the atipu.arions; agreementa, cond~t~ons and covcnants of sa d promissory nose and th~s mor~gage any or e~~her are nof i~ly, promptly and iully performed, d:scharged, exec~red, effecred, completed, compV~ed w~~h aRd ab~ded 5y, then in r~ther or any s~ch even~ the sa:d ag ~regate sum mentioned in sa~d prom~ssory ncre then rema~ning ~npa~d, with infere,t accr;,ed, and a:t moneys secvred hereby, shall become due and pay an e fcrthw~th, or thereaiter, a? ~he opt~on of sa~d M02TGAGEE, as ~ully and complefely as if a~l oI ~hr aa~d sums of money were or,g~natly s~:pu:arcd +o be pa~d on wch day, anything in sa d prom~ssory note or In ih~s hlortgage to the contrary no~+v~~hsfand,~~g; and ihere~pon or thereaf~er at rhe opt~on of s~ d MORTGAGEE, wi~hout not~ce o~ demand, su~t at law or in eqwty, therefore or thereafie. begun, may be uroxcuted as if a!1 moneys secuird hereb~ r:,d matured pnor to ds inatitution. 7. That in the event that at the beginn;rtg of or at any time pendi~~g any su~t upon this Mo~tgage, or to fo~eclose it, or ta reform ir, or to tniorce F•aymfnt of any dalms hereunder, said MORTGAGEE Shal~ apply tp the Court harinq ~unsd.ci:on Therrof for the appC~ntment of a Rece~ver, wch Co~r1 shail icrthw~th appoint a receiwer of said mo~fgaged prope~ry all and s~ngular, ind~,ci.ng ail a~~d s~~,g~~ar the inco~ne, prof.ts, iasues and revenves from whate+er s.r.ce-darived, each and every of wh~ch, it be~ng express!y unders+wcf. ~s fereby morfgeged as if spec:f~calty set ior~~ and desu~bed in the granf~n~ and n~:,endum cfa~sea hereoF, and such Recerver shail have a~t the broad and effect~ve f~~~cr,ons and powe~s in anyw+se entrusted by a Cou~t to a Rec~~ver, a~:d s. ch appoimment shall be made by wch Court as an ad nitt~•d equity and a matter of aLsolute r:ght ro sa~d MORiGAGEE, a~d w~thout reference to ~he adequacy w inadequacy of the va~ue of the property mortgaged or to the so.vrncy or ~n;o j~ency ot said MORiGAGOR o~ the defendants, a»d rhat svch .•~-.rs, prufits, inco~ne, issues and revenues ahall be app~~ed by such Recr~ver accord~ng ~o the lien w eqoity o1 said MORTGAGEE and the pracr~:e oF such Court. 8. To dufy, promptty and fully pe: form, d~scharge, exec~te, effect, co~nplere, cumply vv~th and abide by each and every the sti~utations, agree~nents, conditions and covenanis in sa:d promiasory nete and th:s mortgage set fonh. 9_ That in the event the ownership of the morrgaged pren,~ses, or any part thereof, becomes vested in a person othe~ than the MORTGAGOR, the L'~RTGAGEE, its successors and ass~gns, may, w~rhout nonce to ~he A10RTGtiOR, deal w~rh such successor or successor ~n ~nterest w~rh reference to th~s a~gage and the deut hereby secured in the same manner as wnh Il,ortgagor w~tho~t in any way vit,ating or d~scha~ging the ldorrgago~i tiab~~~ty here- u~der or upon the debt hereb/ sec~red. No se!e of the premises hereby mo~tgaged and no fortearance on the part of the /AOR7GAGEE or its s~ccessors cr ass~g~s and no extens~an of the time fo~ the pa•~ment of the debi hereby secured given by the fdORTGAGEE or its successors or a:s.gns, s~~a~l ope:are ro re~ease, d~scharge, mod~fy change or affect the ong~na! liab.;rty of the MGRTC',AGOR here~n, either in whole or in part. 10. It in spec~frcalfy ag.eed rhat time is o1 the essence of th~s contraU and that no waiver of any obGgat~on hereunder or of the obligation se- ' cured hereby ahal~ at any time ~hereaf~er be he:d to be a wa~ver of the terms hereoi or of the i~s~rumem sewred herby. i 1!. In add.t~c.~ ~o the forege ng ~nonth!y paym^nts of pnnc pa{ and intr•es+ requ~red by the prom.szcry no'e s^cured hereb~, mortgagor tovenams ; d agrees to pey to ~~argagee v„~~h each monih!y pay~:~¢nt an add~r~onal sum esnn,ared by mortgagee to be equal to 1; 12 of the annua~ cost of the follow- € ' A-A~I reat property ta:es levied cr assessed dC331'1S1 the a6ove desv+bcd real es~ate. s B Pr_n:~ums on f~re and w~ndsro•m ~nsurarce as nere~n requ.red to be car.~cd e~ the ~mproveme~ts s:tuate on tF.e above dcsaib~d prem~ses. € i C-Premiun~s on such mortgage guaranty ir.w~ar.,e as mc~egagee shall frem r me ro t~~ne deem fit to carry on the loan iecured hrreby. 4 : Mortgagee s~e~1 !~om tune to t~me non}; mortyagor in w.ihng of the a~•o.;~t d~e and payable he.eundrr a~zd such s~m sha;l th~-reupon be d~e and c~;able on ~he d~e aare of ih~ next n;onth:~ pcyment and ezch wccessive -+~o~th rhereafr,- ~cti1 mo:tgagee sha!1 nonfy mortgagor of a change in s~ch o~nt. Such swns sFa.l ~e arpiled by mortgagce toward the paymenr of real p~o~xrty taxes, inwrance p~em.~ms, and mortgage gua~anty insurance ; ,:~emiumf. $ IN l'J1T~JESS ::HEREOF, the sa~d MORTGAGOR has here~nto set his hand and sca( the day and year first aforesaid. a ~ ~ S~gned, $ealed and d ivered 'n the pres ce of: ; C(J (Sea:) ~ e Wade Li ard «s,~ ~ - ~ ts~a~~ x _ _ endra Lee L ppard ts~ai~ ~ ~ S:aTE OF fIORIDA ~ St. Lucie ~ ~ JUNTY OF 1 ~ Ro e 'Aade Li ard Befo~e me personally appeared ~ ~ a~ ~ Kendra Lee Lippard his wi~e, to me well known and knowrt to me to be ~ tnr individ~ats described in and who eaecuted the fwegoing instrument, and acknowled ed before me that they eaecuted the same for the purposes rhere~n expressed. Md the sa~d_ RAAdPB L68 Lippard _ ~ ; N;fe of the said ~_~e TM1'ade Lippard upon a separate and priv~te e=am~natlon by me taken separate and apart from her sa~d husband, atknowledged to and before e that she executed said instrument freely and voluo- re:~ly and w~tho~t any comp~ision, constra~nt, apprehens;~, or fesr of or from her said husband. WITNESS my hand and offiual seal this_ -1_Q_--_____ day of _ ~ , A. D. L9 ~ ~ otary Put~~ic in an for he Stat~ aF Fbrida ~f Large My Comm~ssion expires: ' :=A Return To: . _ - ' ^ i~~f. I~T ~ ~l{~c'.aP ~ : i First Federal Savings S Loa~ Association . " 14? j - Of fort P rrc~• . ,.i: i y,i :~r; tv. Fort G~Nrce, Ffcrld~ ~ ~ " _ - 3_ ~ - - This Instrument Prepared By J. H. RAb81'~s ~ Jr. _ First Federal Savings & loan Association FILEO AND RECOR¢EO - of Fort Pierce ~ FloTids ~ ST.IUC~E COUMTY FU. ROCE~ POITRAS he ked B P CIERYCI f`E~ COU-~ C c Y L~-_.--_- E:OP,: ~ R~.~ ~AIf~Jo FE8 I~ ~I 2T ~'7Z = ac~+c Y j ZS ~ - : - - _ _ . _ -