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To place and continuo~sly keep on the bu~:ci~ngs no~ur o~ he~eafte~ ~~tuate on se~d ~and ano on al~ eq~~Wnero and persona.ty co.ered by this mor ege, with el) p~emi~mf thereon pa~d in tuil, (ire insurance in the ~wal irandard poticy fcrm, in a~~m aHprovcd by the MORivAGEE, and w~nds~o ;ns~ronce in the us~~al sranda~d poGq form, in a sum approved by ~he MORTGAGEE, in such company or tompanies as thr AtORiGAGEE m direct; and all (i~e and w~oditorm insuronce poGc~ei on any of said build~nqs, any interest ihe~ein or pa~~ thereof, in Ihe agg~eyare wm aforesa~d in excess thereof, shall contain the uwal star.dard mortgagee clause a such othe~ clauss rt the Morigagee may requ~ro, mal.iny the ~w~ u~~dr~ ai~d po des, each and every, payable to said MORTGAGEE as ]n imerest may appear, :nd esch a~d every such pa6cy ihali Ix p~ump~ty ass gned and de~~Yrrrd ~ any held by said MORTGAGEE ~s funher security to said mo~tgage drbt, and, not less than ten (10) days i~ advarKe of ~he expira~~on oi each polrcy. ~o d~ I~ver to iaid MORTGAGEE a renewal thereof, toge~her with a rece~pl fw t!?e pre~nium of such renewal; and there shall be no f~re or wi~idsto~~n insuranc placed on any of said buildings, a~y inreres~ there~~ w part ~hereof, vnleu in ths fo~m and wi~h the loss payable as aioresaid; a~d i~ the event any iun of money becomes payable under such policy w poli~ies said MORTGAGEE shall have ~he opt~on to rece~ve and apply the san,e on accovm of the indrbfcd ness secured hereby or ?o permit said MORTGAGORS to ieteive and use it a any part ~hereof fo~ othcr pu~poses. .viihout th~r~u~ wai~i.~3 cr ~n~p~:~r ing any equity, lien w righl undrr w by virtue of this mo::gage; and in the ~vcnt said MORTGAGORS thall tor any ?tason iail to krep the said premisrs so ~nsured, or (ail to deliver promptly any of said polKies of insurance to sa~d MORTGAGEE, a fai! p+ompfly to pay fuily any prem~~m therefw o~ i~ any :espect fail to perfam, discharge, execute, efiect, complete, tomply wi~h and +bide by this tovenan?, a any part hereof, said MORTGAGEE may piate a•tl pay fo~ such insurance or ~ny part the~eof w~thout waiving a affecting any option, lien, equ~ty, or righ~ unde~ a by virtue of th~s Moregage, snd thc full ameuM of each and every such payment shall be immediatefy due and payable and shall bea? interest (rom the date thereo( ur~~il pald at the rare oi nine per centum per annurt~ and ta~rther with suth interest shali be secured by the lien of this mortyage. 1. To permit, commit or sufia no waste, impair:nent w deterioration of ~aid property cr any pa~t thcreof. S. To pay all and iingular the costs, charges snd expenses, including a reasonsble at~orney's fee and costs of abstracts of Gtle, incurred or pa~d at any time by said MORTGAGFE, because w in the event of tha (ailure o~ Ihe part of the said MORiGAGOR to duly, promptly and fu~ly perfwm, d~uharqe, execute, effed, complete, con+ply w~th and ab:de by each and every the atipulat~ons, agreements, conditi«u. and covenants of sa~d prom~sso~y note ar,d thii morfgage any o~ e~tFK~, and sa~d costs, charges and expenses, each a~ every, shall be immediately due and payable; whether a not ?here be nor~ce ds mand, attempt to colled a suit pe~ding; and the ful~ amount of each and eve?y such payment sF~all bea. inte~est from the date thereof until pa~d at the r.,te o~ nine per centum par anr.wn; and all said costs, charges and expenses inturred o~ paid, logether w~th such interest, shall be secured by Ihe lien of thi~ mortyage. 6. That (a) in the event of any breach of this Mwtgage w defautt on the part of the MORTGAGOR, w(b) in the eve~t any of sa;d sums of money herein referred to be not promFtly and fully paid within thirty (30) days next after Ihe same severa!ly become due and payat~e, withaut demand or notice, or (c) in the event each and every the stipulations, sgreements, cond~tions and cove~ants of sa~d promissory note and th~s mor~gage any o~ e~~hrr are not i~~ly, promptly and fu~ly performed, d~uharged, exetuted, effected, completed, compl~ed wi~h and ab~ded 5y, then in e~ther w any such event ~he sa~d ag- gregate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and ail moneys secured hereby, shall become due and 'pay- ab;e fo~thwith, or thereaiter, at the option of said MORTGAGEE, as fully and completely as i1 all of tfie said sums of money were a~g~naily st~pu~ated ro be pa~d ot~ such day, anything in sa:d promiuory note or in this Mortgage to the contrary notwithstanding; and the~eupon w thereafter at tFw op++o~ of sa~d MORTGAGEE, without no~~ce w demand, suit at law o~ in equ~ty, therefwe w thereafter begu~, may be prosecuted aa if all moneys secured hereby had matured pnw fo i1s institution. 7. That in the event that at the beginning of q at any time pcnding any suit upon this !1llwtgage, w to foreclose it, or to refum it, or to enforce paymcnt of any claims hereunder, said MORTGAGEE shatl apply to the Court having ju~isd~ction thereof for the appointment of a Rtteiver, such Court shall Fo~thwith appoint a receiver of aaid mwtgaged property all and s~ngular, inctud~ng all and singuiar the income, p~ofils,'issues and revenues from whatever source derived, each and every of wh;ch, it being expressly understood, is hereby mortgaged as if tpeuficalty set forth and described in the gren?ing a~d habendum clsuses hereof, and such Receiver shalt have all the broad and effective funct~ons end powers in anyw~se entrusted by a Court to a Recrivec, and s~ch appointment shal~ be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the adequacy w inadequacy ot the val~e of the property mortgaged or to the so.vency or insatvency of said MORiGAGOR w the defendants, and that such re~fs, profits, incane, iuues and revenues :hall be appiied by such Receiver accord~ng to the lien w equity of said MORTGAGEE and the pract~ce of such Court. { 8. To duty, promptly and fully perform, d7scharge, execufe, effect, complete, comply with and abide by ea~h and every tFx stipulations, agreements, conditions and tovena~ts in sa~d promissory note and thia mortgaqe set fwth. 9_ That in the event the ownership of the mortgaged p?emises, a any part thereof, becomes vested in a person othe~ than the MORTGAGOR, the A',ORTGAGEE, its successors and assigns, may, wiihout notice to the MORTGAOR, deal wilh such succeuw or successor in interest wirh refere~ce to this r. origage and the deb~ hereby secured in the same manner as w~fh Morrgagor w;thout in any way vit;ating w d~uha~ging the Mortgagors' tiability Fxr~ under or upon the debt hereby secured. No sale of the Fremises hereby mortgaged and no forbearance on the part of fhe /~IORTGAGEE or its sutcessws or assigns and no extension o( the time for the payment of the debt hereby secured given by the MORTGAGEE or its successws w au:gns, a:~all operate to releax, d~uharge, nadify charge or affecf the orig~nal liao~6ty of the MORTGAGpR herein, either in whole or in part. 10. It is specifically agreed that time is of the essence oi this contract and that no waiver of any oblgat~on hereunder or of the obligation sr c~red hereby shall at any time thereafter be held to be a waiver of the terms hereof w of the instrument secured herby_ 11. In add~t;on to the forego'ng monthty payments of princ'pal and inte~est requ~red by the promissory nore secured hereby, mortgagor covenants ± an~ agrees to pay to matgagee vtith each monrhly pay:nem an add~rional sum est~mated by mortgagee to be equal to 1; 12 of the annual cost of the follow- ~ng: A-All rEal property taxes levie3 or assessed agai~st ~h~ above desc>~bed real estate. B-Frem;ums on f~re and windsto:m insurar.ce as herein requ~red to be carried on the improveme~ts situate on the above descr~bed premises. C-Premiums on such mortgage guaranty insurar,ce as mortgagee shall from t~me to tim.e deem fit to carry on the loan sec~red he~eby. Mortgagee sfiail from time to time notify mortgagor ~n wr~t~ng of the amount dve and payable hereundrr and such sum shali thcreupon be due and F~vable on the due date of ihe ne~t mo~th!y payment and each successive monrh thereaiter ur,til mortgagee shall notify mortgagor of a change in such i a~-~ount. Such sum3 shall be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, a~rd mwtgage guaranty insurance e~emiums. IN WITNESS 1VHERFOf, the said MORTGAGOR has hareunto sct his hand and seal the day and yea first aforesaid. ! i Si9ned, Sealed and delivered in the presence of: ~ , ~ r ~ _ ~an ~ e t R. D w (Sesn s - (SeaO ~ (Seat) 1 ~ a i S7ATE OF fLORIDA ~ ~ ? COUNTY OF $t . L11Cle ~ ~ Before me personally appeared Kenneth 1.. Drew ~ Eve lyn L. Drew his wife, ro w~n k~o,~~ep~ n~ ~o ~ ~ the individuals described in and who exec~ted the foregoing instrumeM, and acknowledged befwe me that they execut~+f~~d~~~,j~~~~I~~~ ~isp~ous ~ t herein expressed. And the tai E V@ 1 L.. ~ Z@ M 1 ~ ~ ry hife of the said Kenneth ~I6M ~'~~~w~ ~ examination by me taken separate and apart from her said husband, ackrawlydged to and before mt that she exetvted sai~ iatflllmt ~y;_~rOiwr j : rar~l and w~thout an com utsan, constraiM, s ehens~on, or fear of or from her said husb~nd. . ~ Y Y P PW ` .y ~ 26~h Februar • ~ 4~~~19 .72 WITNE55 my hand and official seal thii day of y ~r- r. : . ' ~ ~ ~ ~j ~ ~ ; ~'~'s :+3''~ . Notary ublic in ~nd fo~ the Siat~ o`f ~Orida~N l~rye S 3 My Commission expires: ~ Return io: . > First Federsl Savin s 3 loan Associat~on f`'~~ .E fi'~bE~~, STA~E of FLORiJ~ at UIRGE Of iort P.erce. Mr CO`r.;,1tSSICN EXPIRES Sct~T. 9, 1974 ~ bONDED TMBOUtiH FHED W. DIESTELMOR i Fo~t Pierce. Flor~da FIlEO AND RtCOR0E0 f ST.lUC1E COUNTY flA. NOGE~ P0~1RAS - This Instrument Prepared By Johp W. Collins CIERK C~~:.Ut1 COURT First Federa) Savings 8 loan Association RECGND Y= ~~D _ of Fort Pierce ~ Rlorida ? _ Checked By M~ 3 I'13i PN ~~L ~ ~ ~ IOCK 4VO PACF e3 4 ~ . ~ . . . . _ ' ~ . ~ _ 3' ~ ~,e~_ ^e~ 'X" ~ ~ t 'yFw'S~.-..3'~' -~.~rr~,~{-~i~.~ ? .~r~ c~ i z: ~3~~'.,~ w, ~ ~ ~ ~ +k ~r , i~ ~ . , r _ ' ~ ~ ~ _ _ ~ ~~~,~..~~~`-?h ~ , 'i,~.~ - = _ . . . . _ . x=~~~ z