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To plsce and continuousl~ keep on tFe~ bu~'d~ng~ no~nr o~ heieait~r s+tu~te on se~d tand and on aL' ~quipmant e.~d penonally cove~ed by iF.is mo~ sge. w~rh ap p~en};ums thereon pa,d in futi, Lre i„iu:ence in ihe us~a1 •~a~.d~rd po'~ty 1orm, in a w~n aHproved by the MOR~:,:~Gl~, a~~d w~:~di~o ~nsurance in the us~al uanda.d poLcy (o~m, in a sum approved by the MORiGAGEE, in w:h company or compen~es as ~M ~+~ORiGAGEE m ~ direcl; a~d aU tirs and w~ndstorm insurance poi~cies on any oi safd bu~ld~ngs, any iMerest therein or part thereof, in Ihe a99regate ium aforese~d in excest thereof, ~hal~ :oNain the ~sual ~ta~Tdard mor~gagee ciause w such o~l+er da~se as the Mortgagcs may requ~re, ma?ing ~he loss unJr~ se~J po cle~, each and eve?y, payab~e to ssid A'~ORTGAGEf as ~IS ~nteres~ may ~ppear, and each and every tuch pot~cy •hall be promptly ais gnrd a~~d de~~vrred ~ +ny hetd by ia~d MORIGAGEE as lu~the~ secu~ity to sa~d mor~gags deb~, and, not less than ~en (10) dayt in ad~ance of the exp~ratlon oi each poGCy, ~o d. Gver to said MORTGAGEE a ronewal thereof, toge~her with a rece~pt (or the premium oi such ~er.ewal; and there shalf be no I~~e or w~ndtito~m insuranc placed on sny of said build~ngs, arty inrerett thero+n or part ~hereoi, unlesi in the (orm a~.d w~~h the ~oss payable as aTorena~d; a~d i~. the e.en~ a~y sun of money become~ payable undcr wch policy w pol;ciea faid MORii,AGEE shail have ~he op~~on to recerve and epply the same on accoum o} ~he ind~b~~d ~ ~ess sec~red her~by a ro permit said MORTGAGORS t0 rcceive and ute it or •ny parf the:cof for otnrr purposrf, ~v~rho.~1 th~~.o~ w.:iv~ c~ ~~np..m ~~g any eqv~ty, lieo w right under w by virtue of this mo:'gaye; and i~ the went u~d MORTGAGORS aha!! {or a~y rcaaon fail to keep ~he sa~d premise~ so ~niured, w tail to de~iver promptly any of said poLues of i~surance to sa~d MORTGAGEE, or fa~l promptly to pay tuity any premi~m thcr,:fw or in a~~y respett lail to pertorm, d+scharge, execu~e, effcd, complete, co:nply w;~h and ab~de hy th~a covenant, o. any part h~reoi, sa~d MGRT3AGEE may placa a~~o P~r ia iuch insurance or ~ny part therrof w~tFwut warving a affectinfl any op~ion, lien, equny, or ~~gh~ under o~ by v~rtue of ~h~s Mafgage, and thc f~11 amoum of each a~d every such paymeM shall be ~mmediately due and payable and sha71 bea~ inte~es! from !he d~te ~hereoF uctil p~id at the ra~e ol mne per centum pQr annum and to~rther with such intr~est sha1~ be sn~rrd by the Ge~ of this morteJsge. 1. To permiL commi~ or suffer no waate, impairment o~ detcrioration of sa~d property a any part ~hereof. S. To pay stl and singula~ the coats, cAarge~ and expe~ses, includiny a reasonable atrwney's fee and cost~ of ab~tracts of ~~tle, incurred or pa;d at iny lime by said MOQTGAG£f, because o~ in the event of fhe failure on Ihe aart oi ~he said MORiGAGOR to duly, promptly and fully pei!onn, d~uharge, zx>_c~ee, eifec~, comptete, comply w~th and ab:de by ea:h arx! every the stipulat~ons, agre.-n,enf~, cond~tions, and covenanrs of uid p~o:nisso~y ~ote and ~his mortgage any or e~ther, and sa;d costs, ch~rges and e~cpenses, each and every, shall be immed~ately due a~d payable; whether or not fhe~e be no~,ce da mand, attempt to colktt or tuit pend~ng; and the tul! amoum of each and every auch payment ~halt bea~ in!erest lrom the date thereof unt+l pa~d a1 the te of nine per ccnsum per annu n; and a11 eaid costs, charges and exprnses inturred or paid, togethe~ w~th such interest, shall be secured by the lie~ ol thd mortyage. b. That (a). in the eveM of any b~each of this Morrgsge or default o~ the pa~t of the IAORTGAGOR, w(b) in the eveM any oi sa:d auma of money herein referred ~o be not promptly and fuliy pa]d within thuty (30) days next af~er fhe sarne seve•a:ly beca~ie due and payable, without demand or notice. er (cj in the evem each and every ~he stiputaNons, agreecne~ts, cond~no~s a~d covenants of ~a:d promissory note and fh~s moitgage any or ei~her are no~ ~uly, promptly and fully performed, d~scharged, exetuted, effecred, complefed, compGed w~th and abidetl Sy, the~ in e~ther a any suth event the sa~d ag g~egate sum mentioned in said prom~ssory nore then remair.ing unpaid, with in~erest acuued, and all moneys secured hereby, shall become d~e and pay aD;e fo~thwith, w thtreafter, st the option of sa~d MORiGAGEE, as lully and completely as il a~l of the said sums of money were or~ginally st~pulated to be pe:d on such day, anything in sa.d prom~ssory note or in this Mwtgage ~o ihe conrrary notw~thstand~ng; and there~pon or ~herealter a~ the opnon of sa:d 4tORTGAGfE, without norlce or demand, suit at law or in eqwty, thereforo or the?eaiier begun, may be prosecuted as if sll moneys secured hereby n;d matured pnw fp ,ts institut~on. TMt in the event that at the beg~nn~ng of or at any time pending any suit upon this Mortgage, w to foreclose i1, or to re~orm i?, or to enforce Fayment of any claims herc~nder, safd MORTGAGEE shalt apply to the Cour~ hav~ng junsd:ction ther~f for the ap~~ntmeN oi a Rece~ver, su:h Court shall fcrthwith appoiN a receiver of said mortgaged property all and singular, in~lud~ng all and singu~a~ the income, profns, iasuea ar.d revrnues from what~ver so~r~e derived, each and every of wh:ch, n being exp~essty ~nde=uood, is hereby mortgaged as ~f speui~cafiy sei forrh and descnbed in the grannng and h~be+~dum tlavses hereof, and such Receiver shaH have all the broad and effecnve func+,ons and powen in anywue emrwted by a Cou~~ to a Recc~~er, and s_ch appointment shall be made by Such Ceurt as an admined equity and a mat~er of absotute rigM to said MORTGAGEE, and withcu~ reference ro the adrquacy o? inadequacy of the valve of the property mortgag~d or to the sa:rency or ;nsc+vency of sa+d MORTGAGOR a the defendann, and ihat auch ~•~•~fs, profits, incane, iuues and revenues shall be applied by such Rcceivcr accord~ng to the lien or equity ol said MORTGAGEE and the pract~ce of such CouA. 8_ To duty, prompt:y and fu!!y perform, d~scFw.ge, execute, e~}ett, complete, compty w~rh and abide by each and every the st'epulations, ag.eements, conditions and covenanrs m sa~d promissoiy nore and this mortgage set forth. 9. Thst in the event the onnersh~p of the mortgaged premises, or any part thereof, becomes vest~ in a perwn other than the MORTGAGOR, the M.ORTGAGEE, its successors and ass~gns, may, wi~hout notice to the MORTGAOR, deai with sucF successor w successor in interest with reference to this ^ ortgage snd the debt hereby secur~ in the same manner as with ldortgagor without in any way vit;ating w d~xharging the Mortgagors' liability herr ~nder pr upon the debt hereby secured. No sale of the Fremises hrreby mortgaged and no forbearance on ~he pa~i of the !J1'JRTGAGEE w its successors cr aasigna and no extension of the t;me fw the payme~t of the debt hereby secu.ed given by ti~e MOR?GAGEE or its successor~ or ass~grts, s7~a11 operate io reiease, discharge, modify change w affKt the orig~nal liao~fty of the MORTGAGOR Fxrein, either i~ whole a in part. 10. It is spedl~caliy aqreed that time is of the essence of th~s contraa and that no waiver of any obl~gat~on hereunder or of the obligation st c~red hereby ahall at any tr~e thereafter be hetd lo be a waiver of tht terms hereoF or o( the instr~ment securtd he~by. I 1. In add.riQa to rhe forego ng ri~onthty paymenrs of princ pa! and intarest requ;red by the prom;ssory ~o!e setured herebf, mortgagor covenants i~d agrees to pay to mortgagee v~ith each monthly pay~nent an add~iional sum esnn,a~ed by mortgagee to be eq~af to 1,' 12 of the annua{ cost of the follow- A-All real prope•ty taxes teveed or assessed agai~st the above described rea~ esrate. B-P~emi~ms on f:re and windstorm inwrar ce as i~e~e~n req~;red to be carried on the ~mrroveme~ts situate o~ the above destr~5ed premises. ~ C-Prem~ums o~ such mwtgage guaranty msurar,ce as mortgagee shall from ~,me to nme deem fit to tarry on the ban secured hereby. Mortgagee sha!I from r;me to f~me noiify mortgagor ~n writing of the amou•>> due and payable hereundrr a~x! such sw~ shall ~hereupon be due and c~yable on the due date of rhe ne,et monrb;y payment and each success;ve mon~h therealter uctil mortgagee ahatl not~fy mortgagor of a change in such - ount. Such sums sF.ail be app'.ied by mortgagee toward the payment of real propeny taxes: inswance prem;ums, a~id mortgage quaranty insurance c~emiums. IN WITNFSS 'l,+NEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid_ ~gned, Sealed and livered in the presence of: 1'r2 ,7 .t t Cl ( ~ l i. - al) , _ rnest a ey _ t~a~~ j_ i 1 a . l.acey ts~a4 (Seaq ~ S E OF FLORIDA ~ COUNTY OF St. Lucie ~ 1 Before me perwnally appeared Ernest Laeey _ El~a Laeey his wife, to me well known and knawn to me to be rhe ~ndrv~dusls desaibed in and who eaecuted the fwegoiny instrument, end acknowledged be{we me that they executed'~hq~fafns fpr the purposes therein expressed. And ihe said El la Lacey ` •1 `~'a. .~rfe of ~;d ~ Ernest Lacey ~ ~ ~ upbii 7+se~a~r.f4~s,nd rxivare etam~nat~on by me taken separate a~d apart from her sa:d husband, acknowledyed to and before me that she executed i~1r~rNM•frgelY:+~nd volun- ~an~Y +nd W~ibou~ eny compulsion, constraint, apprehens:o~, or fear of or from her wid hu:band. ^ • - ~ ~ , . WI?NES$ my hand and officia) seal this_ ~~~/1 day of ~ Febxuar .a~~~;~ ']2 ' - ~ ~ ~J. - Notary Public in ~nd for Sf{t~ of ~Iqi ~f,jy~ge. My Commission expird: ' ~ Return To: NQTARY ~B~C~i~~T~p`f' F~IDA it UIRGE First Fede~al Savings d loan Associat(on blY CQ~(MU~:~60N"E~P(~.`-~~': 25. i915 Of Fo~f v.e~ce. Bonded By Amerkari Bankers Insuronce ,o. Fort Pierce. Flor;da f LEO ANO RECOiIp Ep ~ i~. LUCtE COUNTY FIA. ROCER PGITRAS ~ CIEiiK C~RCUIT COUi1T RECORO VF7~FIE0 • This Instrument Prepared By John W. Collins First Federal Savings & Loan ~loritda fE~ Z~ 2 3v PN of Fort Pierce, ~ Checked By c~- 2~4~3 bo~K 199 ~2~ ~