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To place and co~tinucwsly kcep on ~ha bui;d~ngs now w hereafter iituate on said land and on all equipmenf and personally covered by thi~ ma ege, w~rh all premiums thercon pa~d in full, fire insuraoce in th~ usua~ srarclard policy torm, in a sum approved by the MGR~G.aGCE, and wh~dsto insur~nce in the usurl ~tandard pol:cy fam, in i sum approved by the MORTGAGEE, in iuch company w tompanies as the MORTGAGEE m d~retl; ~nd a~l (ir~ ~nd windstorm insurante policiai a? any of uid build~ngs, any interest Iherein or part the~eof, i~ the aggreqs~e sum aforesaid excets lhereof, sMll contain ths usual standard matgagee clause or such other clause +s the Mo+tgagee may ~equ~re, making the Icsi unda sa~d po ; c~es, ea<h ~nd every, payaD!e to said A10RTGAGEE as its interesl may appear, and each and every s~ch policy sha{I be promptly ass.gned and deiivered ~ eny held by said MORTGAGEE as further seturity to ssid martgage debl, and, not leu than te~ p0) days in advance of the expira~~oo of each po!~cy, to d. { I~ver to said MORTGAGEE s renewal ~hereof, toge~her with a receipt for the premium of such renewal; aixJ there shall be r+o i~re o~ winds~o~~n ins~ranc pfaced on a~y of said build~~gi, any intereit therei~ or parl thereof, unles~ in the form and with the toss psyable as aforeseid; and in the event any sun of money becomes payable under iuch policy or po~~cies said MORTGAGEE ~hall have ~he opt~on to recz~ve a~d appty ~he same on accoun~ of the indebtrd ness secured hereby or ro permit aaid MORTGAGORS to receive and uss it w any part ~hereof for otner purposes, v.~tlwut th_rco~ .vaivi ~3 or ~n+~a~~ ing a~y equ~ty, lien w righl under w by virtue of this mo:!9age; and in the event said MORTGAGORS ahall fo~ any reawn fail to kecp the said pre:nisrs so ~ ~nsured, or fail to deliver p~omptly any of said policies ol iniura~ue to said MORTGAGEE, o~ fait promp~ly to pay fully any pre~»~um therefor o~ in a~y respect fail ro pe?iorm, discharge, execute, effect, tomplete, comply with and abids by thia tovenant, or any parl F~ereof, said MORTGAGEE may place a~,o ~ pay fw~such insurance o? ~ny patt the~eof without waiving or affectiny any option, lien, equity, or right under or by virtue of this Mo:tgage, and the ~ full amovnt of esch and er•ery such payment shall be immediately due and payable and shal~ besr interest from the date thereof umil puid at the rate o~ nine per centum per annum and to~ether with suth i~tercat sha~l be secured by the lien of this mortgage. 1. To permit, commit or suffer no waste, impairment or deterioration of said property w any part thereof. 5. To pay all and singu~~r the costs, cherges end expcnses, including s reasonable aftorney's fee a~d co~t~ of abstreds of title, incurr~d w paid at ~ any time by said MORTGAGfE, betause a in the event oi the failure on the part of the :aid MO~2TGAGOR to duly, promptly a~~d fully perform, d~scharge. exezute, effec~, comp~ete, comply with and ab:de by each and every the st~pulat~ons, agreements, conditions, and covenants ot sa~d prom~ssory note and +h~s .nortgage any or either, and satd costs, charges and expenses, each and every, shall be immediately due a~d payab!e; whethe~ or nat there be no~~ce dz mand, attempt to cotlect w suit pend~ng; snd the full amount of e~ch and every such payment shall bear interest from the date thereoi until pa~d a~ the ~ate oi nine per centum per annum; and atl said costs, cnarges and expenses incurred or paid, together with such interest, shall be secured 6y the lien of th;s mortyaye. 6. That (a) in the svent of any breach of this Mortgs9e or default on the part of the MORTGAGOR, w(b) in the evenl any of sa~d sums ~f money ~ herein referred to be not promptlr ar.d (ully paid within th~rty (30) days ne~ct after the same uvcrally become due and payabte, wiihout demand or notice, ar (c) in the event each and eve?y the stiputations, agreements, cond~tlons and covenants o` sa.d p~omiswry note and th~s mortgagc any o~ e~ther a~e not { ivly, prompHy and fully perfwmed, d:uharya.i, oxt:u:c~, t'~e_!~, cy!+~k~~, «+~+pGcd with and a6ided Sy, then in eithta a any such event tbe said ag 1 gregate sum mentioned in said promisswy note then remaining unpaid, with interest accrued, and ail moneys secured hereby, shatl become due and pay- ab!r forthwith, w thereafter, at the option of said MORTGAGEE, as fully ar+d completely as ii all of the said sums of money were or~ginally st~pulafed to be pa~d on such day, anything in sa~d promi:sory note a in this Mortgage to the contrary notwithsranding; and thereupon or thereafter at the opt~on of ~ sa~d 1NORTGACaEE, without notice o? demand, suit at law er in equity, lherefore or thereafter begun, may be prosecuted as if all moneys secured hereby ~ nad matured pnor to its institution. ~ 7. That in the eveM that at the beginning of a. at any time pend7ng any su~t upon this Mortgags, or to foreclox it, or to refwm it, w to enforce ~ payment of any tlaims hereunder, said MORTGAGEE shait apply to tlSe Court having jurisd~ction thereof (w the appoi~tment of s Reteiver, svch Cour1 shail forthwith appoint a receiver of said mortgaged property all and singular, includ+ng all and s~ngular the income, proi~ts, issues and revenues from whafever ~ source drrived, each and every of wh~ch, it be~n9 expressly understood, is hereby moregaged as if spec~fically set forth and desuibed in the 9ranting and j h3bendum clauses hereof, and such Receiver shall have a~l the broad and efiective func~~ons and powe~s in anywise entrusted by a Court to a Recriver, and s:ch appointment shall be made by such Courf as an admitted equity and a matrer of absolute right to said MORiGAGEE, and wi~hout reference to the adeqvaty o~ inadequacy of the value of the property mortgaged or to the soivency or ~nsolvency of said MORTGAGOR or the defendants, and that svch re~rs, profits, incane, iuues and revenues shafl be app~ied by such Receiver accord~ng to the lien or equity of said MORTGAGEE and the p?ad~ce of such CouA. 8. To duly, promptty snd fully perform, discharge, execute, eifect, corrplete, comply with and abide by each and every the stipulat~ons, agreement:, :onditans and covcnanrs in sa~d promi:sory note and th;s mwtgage set forth_ 9. That in the event tFro ownership of the mortgaged premises, a any part thereof, becomes vested in a perwn other than the MORTGAGOR, the h10RTGAGEE, its successws and assigns, may, wi~hout no~ice to the MORTGAOR, deal with such successo+ or successor in i~terest wi~h refe~e~ce to this mo~tgage and tbe debl hereby setured in the same manner as with Mortgagor without in any way vitiatir.g or dixharging the Mortgagors' liability here- ~ ur.der a upon the debf hereby secured. Mo sale of the premises hereby mortgaged and no forbearance on the parl of the MORTGAGEE or its successors or assigns and no extension of the time fw the payment of the debt hereby secured given by the MORTGAGEE or its success«s or assig~s, s:~all operate ro retease, discharge, mo~ify change or affect the orig~nal liability of the MORTGAGpR Ixrein, either in whole or in part. 10_ It is spec;fically agreed that time is of the esse~ce of this contract and that no waiver of any obl~gation hereunder w of the o::~igation se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof o~ of the instrument secured herby. 11. In add;tio~ to ihe forego'~g monthly paymants of princ'pal and interest requ~red by the prom~ssory no!e secured hereby, mortgagor covenants a~d agrees so pay to mo:fgagee w~th each monthly pay~nem an add~rional sum est~mated by mor~gagee to be equal to 1~ 12 of the ann~al cost of the fcllow- ,~g: i A-All real prope•ty taxes levied or a:sessed agai~st the above described real estare. ` B-Premiurns on fire and windsto~m insurance as here~n requ~red to be carried on the improveme:+ts situate on the above described premises. j C-Premiums on such mortgage guaranty insurance as mortgagee shall from t~me to time deem fit to carry on the loan secured hereby. i Nlortgagee shall from time to time notify mortgagor in writ~ng of the amount due and payable hereundrr and such sum shall thereupon be due snd j Fayab[e on the due date of the next month;y paymem a~~d each successive month thereafter urtil mortgagee shall natify mortgagor of a cha~ge in such ount. 5uch sums sF.all be applied by mortgagee toward the payment of rea~ propertY taxes, insurance prem:ums. a~~! morty~^ya y~a;o~~:y inwrance S p•emiums. IN WITNE55 WH'cREOF, the said MORTGAGOR has hereunto xt his hand and seal the day a yesr fint aforewid. ! Signed, aled and deliv~t{ in ihe sence of: } I _ .c ~`-s~r-~. C~v+-r'~y a ~ 0 e, W1tT} _Cg C b • OOtl • ($esQ ° :litness ~ 1 a e . oon ~~a~ (Seaq . V ~ s„arE oF ~c G~DRGI;~ ~ ss. ~ couNrr oF HC7USTON _ Jacob M. Roon ~ Before me personaliy appeared a~ ~ Blizabeth W. Roon ? ~ his wiie, to me well known and known to me to be ~ ri,r individuals desvibed in and who exetuted the foregoing inst~ument, and ackrwwledged befwe rt+e that they executed the same for the purposes g rherein exp?esxd. And the said Elizabeth W Roon ; ~ . ~ ~~fe of the said Jacob M. Roon , upon s sepa~ate and private ? examination by me taken separate and apart from her uid h~sband, acknowledged to and bsfwe me fhat she executed said instr~e~~ti1 l~teJy and volurr } ~ rarily and without any compulsion, constraint, apprehension, oi fear of or from her said husband. t'~ . ~ 23rd Februar _ •~i1; 72 ~ WRNE55 my hand and official seal this day of /~~D~.1! 3 ,~,x.,,c, yD . J: r ~ = Notary Public in and for the ~Ol~qk~1 ~t l~rge ~ My Commissan expires• /~'y %~j*~4Qid : _ Return To: ~ ~ • ' s; ~ w First Feder~l Savirys 3 Loa~ Association ~ .~'.~,N t`' ~~~~'~'~t~~ . ` O~ Fo~t P.e~ce. f1~E0 AND RECORQEO ' ~ 5T. lUC1E COUNTY l~LA. ^ ' ~ Fort Pierce, Florida ROGER POITRAS ' CLERK C~ :CUJT COUR ~ 1tECOR~ vE~ ~tEO~ ~ - ~ This Instrument Prepared By John W. Coll it~s 1 E8 ZY 3 2~ PM ~ First Federal Savings & loan Association ~ of Fort Pierce, Florida ~ ~ Checked By t'~-- ` ` ~ ,~i ~ 6C~K ~O PACE iQ ~J ~ ~ ~ ~v k~ - - - ~ _ - s~.# 3" ..+Et~_. ~ k . ~ . se r i~a~