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To place and confinuoualy keep on the bu~'dmgs now o~ hereatte~ ~lfwte on sa~d I~nd and on al~ equip~nent and perso~atly covrrcd by this mor ege, wi?h all p~emivmi thereon pa:d in full, f~re ins~rance in ~he ~sual standard ~x,!~cy form, in • sum appro+sd by the h10RiGAGEE, and w~~:ds~o intura~ca in ths usual s~anda~d poi:ty tam, in a sum approred by Ihe MORTGAGEE, in such comp~ny or tompa~ies as th~ MORTvAGEE m d~recl; •nd all fi~e and w~ndsto~m insuroncs poiicie~ on any of sa~d build~ngs, any intereit therein o~ part thereof, in the aggrega~e t~m ~loresaid e:cets ihereof, shall contain the usval arandard mo+tgagee clause or such o~her clayse as th~ Mortgagee may tcqu~r~, making the Ioss unde~ ~.~~d po c~es, e~ch and every, payab!e ro sa~d MORTGAGEE +s its intereit may appea~, and each snd every such po~~cy ihalt be p~omptly ~u g~ed a~d de~~vered ~ any held by sa~d MORiGAGEE as fu~thar security to aid mort9age debr, and, not leu than ~en (10) days in advance of the expirat~o~ of each pol~cy, to d. I~v~r to said MORTGAGEE a renewal ihereof, topether with a rece~pl tw the p~emium of tuch renewal; and ~hcre shalt be no f~re or windstor~n iniurarx placed on ~ny of said build~~+gs, any intereat thcrein or part thereoF, unlesi in ~he form and with the loss payable as ato~esaid; and ~n the e~ent any sun of monay becomei payable vnde~ such policy o~ pol~cies said MORTGAGEE sha~l havs ?he opt~on ~o receive and apply the sa~»e on account o1 the indebtad ness tecu~ed Fxreby w?o permit said MORTGAGORS to receive and use it w any part thereo( for osner purposes, without thrru~ w.;i~i c~ unpa;. iny a~y equity, lien a right unde~ w by virtue of this mo::gaye; and in Ihe evcnt u~d MORTGAGORS shafl (o~ any reason fail to keep the sa~d p~em~sas so insured, p(ai) to deliver ptomplly any oi ~aid polities of insurante fo said MORTGAGEE, w fail promptly to pay fully any pre~niu~n thcrefor w in a~y respecf fail to pe~fwm, discharge, execute, effect, complctr, compty with and abide by this covenant, w any part hereof, said MGRTvAGEE may place a:~d pay fw suc6 iniurance or any part thereof without waivinp a affectiny any option, lien, equity, or r~ghf under w by v~rtue of ~h~s Mortg.~ge, and tF+e full amounl of eacA and every such payrr~nt sha~l be immediately due and payable and shall bea~ interest from the date thereof until paid at the rate o1 € n~ne per ceroum pa~ annum and to~ether with such interest shall be szwred by Ihe lien of this mwtgage. 1. To permit, commit or sufter no waste, impairment w deterioration of said properry w any parl thereof. 5. To pay alt a~d singulsF the costs, charges ~nd expenxs, including a reasonable attaney's fee and costs of abstracts of titte, incurred w paid a~ ~ any time by said MORTGAGfE, becaux or in the event of the tailure on the pan of the said MORTGAGOR to duly, p~omptly a~d fully perform, d~scharge. >xecute, effect, complete, comply w~th and ab;de by each and every the stipulano~s, sgreements, conditions, and covenants of sa~d prom~ssory no?e and ~his mor~gage any or eithe~, and uld costs, charges and expenses, cach and every, shall be immed~ately due and payab!!; whether a ~ot the~e be nof~ce dr n,and, attempt to collect or suit pend~ng; and the full amovnt of each and every such payment shall bea~ interes~ from the date thereof unril ps~d at the rare of nine pe~ centum per amium; and all said costs, chargrs and expenses ~ncurred w paid, together w~th such in~ere~t, shall be secured by the I~e~ of thii mortpa9e. 6. That (a) in the event of any breach of this Mortgage w default on the part of the MORTGAGOR, w(b) in the ovent any of ss:d aums oi money herein referred to be not promptly and fully paid wi~hin th~rty (30) days ~eat after the sanx sevcralty bec.rne due and payab~e, wiihout demand o~ norice, or in the event each and every the stipulations, agreeme~ts, conditions and covenants o! sa;d promiisory note and th~s mortgage any or e~~hcr are no1 ~~Iy, promptly and fully prrfamed, d~xharged, executed, eftected, completed, compl~ed w~~h and abided Sy, then in eiiher o~ any such evenf the sa~d ag gregate aum mentioned in said promisswy note then remaining unpaid, with interest accrued, and all moneys secured hereby, shalt become due and pay eoiQ forthwith, or thereaftrr, at the oprion of said MORTGAGEE, as (ully and comple~ely as if all of the said sums of money were w~g~naily st~putated ro be paid on such day, anything in sa:d promisso?y note a in this Mo.tgage to the contra.y notw~ths~and~ng; and ihereupon a thereafter a~ the op+~on of said MORTGAGEE, without rwtice or demand, suit at law a in equity, therefwe or thrreafter begun, may be prosecuted as if atl moneys secu~ed hereby ned matured pna to ~ts institution. 7. That in the event that at the beginning of w ~t any time pending any suit upon th~s Mortgage, a to iweclose if, or to reform it, or to enforce paymtnt o( any claims hereunder, said MORTGAGEE shall apply to the Court having jur~sd~aion thereo} for the appointment of a Receiver, such Court shall forthwith appoint a receiver of said mortgaged property all and singular, inciud~ng all and singular the income, prof~ts, issues and revenues i~om whatever source derived, each and every of wh~ch, it being expressly unders~ood, is hereby morrgaged as if speuticatty set forth and described in the gramiog aqd •f habendum clausrs hereof, and such Receiver shall have sll the broad and effect~ve funct.ons and powers in anyw~se emrusted by s Cou~~ to a Receiver, and + s~ch appoimmcro sbalt be made by such Court as an admifted equ~ty and a matter of absoiute right to said MORTGAGEE, and wirhaut reference to the ~ adequaq a inadequacy of the value of the property mortgaged or to the so~venq or insotvency of said MORiGAGOR o~ the defendants, and that svch , a ^ ren+s, rofiri, incane, iuues and revenues shall be a lied b suth Receiver accordm to the lien w P PP y g equity of said MORTGAGEE and the practice of svch ' Court. < 8_ To duly, promptly and fully perform, discharge, execute, eifect, complete, comply w~th and ab3de by each and every the stipulations, ag~eements, conditions and covenaros in sa~d promissay no:e and this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, bccomes vesred in a person other than the MORTGAGOR, th~t , ti'ORTGAGEE, its successors and assigns, may, without norice to the MORTGAOR, deal with such iuccessor or successor in interest ~ri+h reference to this mor~gage snd tFx debt hereby secured in the same manner as with Mortgagor without in any way vitiating p d~scharging the Mortgagors' liability here- - under w upoi+ the debt hereby secured. No sale o( the prem~srs hereby mortgaged and no Forbearance on tF~e par? of the MORTGAGEE or its succeawri - or assigns and no eate~sion of the time fw the payment of the debt hereby sec~red given by the MORTGAGEE or its s•xcessors or au~gns, s~iall op~tal~ ro re!ease, d~scMrge, modify change or affect the orig~nal tiab~l~ty of the MORTGAGOR heretn, either in whole w in part. - 10_ N is speuficaliy agrecd that time is of the ease~+ce of this contract and that no wsiver of any obl~gation hereunder o? of the obligatio~ s~ ' cured hereby sh~ll at any time thereafser be held to be e wai~er of the te~ms hereof w of the instrument secured herby. I1. In add~tio~ to the fwego'ng monthty paym~n:s of princ pal and inte+est requ~red by the prom;ssory no!e secured hereby, mortga~ar ~ovenants and agr~s to pay to mo:tgagee vvith each nonthly payr~,ent an add~~ional sum esrimared by mortgagee to be equal to 1;' 12 of the annual cost of the foflow- ~ ,ng: f A-All real praperty taxrs levied or assessed agai•~st the above desc.ibed real es~ate. B-Prem~ums o~ fire and w~ndstorm insurance as herein requ:red to be carried on the improvemenri :~tvate on the above descr~bed premises. ~ C-Premiums on such mo~tgage guaranty insurar,ce as mortgagee shall frorr t~me to ti~ne deem (it to carry on ~he ban secured hereby. Mwtgagee shall ~rom rime to time notify mortgagor in writ~~g of the amount due and payable hereundrr and such s~m shalt thereupon be due and rayable on the due date of the next monthiy payment and each successive month thereafter ur.til mwtgagee shall notify mortgagor of a change in such i a^~:ount. Such sums sha:l be applied by mortgagee toward the payment of reat propeny taxes, insurance prem:ums, and mortga~e guaranty insurance premiums. ! WITNESS WHEREOF, the said MORTGAGpR has hereunto set his hard and seal the day and year first aforesaid. ~ ` , Sealed and,~zti r d in the p?esence of: ~Q (I ~,n E RObelt Lyons ~~a~ (Seaq ~ h1a]C L. - oI75 Seaq ; S~ATE OF FLORIDA ~ f COUNTY OF $t. Lucie ~ 1 ~ Before me penonally appeared Robert Lyons a~ ` Mary L. yons + L his wife, to me well known and known to me to be E rhe individuals desuibed in and who executed fhe foregoin~ instrument, and acknowledged before me that they executed the wme fo? 1M purpose~ 3 rherein expressed. And the said ~r~L.-~.YOIIS ~ N~fe of the said Robert Lyons „P.,,~~ne ~rKJ pr;vate e.am~nation by me taken separate and apart from her said husband, acknowledged to and bcfore ma ihat she exeNied said inttrument fraely and volun- 'ar~iy and w~thout any computsion, constraint, apprehen , or esr of w from her said husband. - ~ WITNE55 my hsnd and officisl seal thi day of ~rCh •'A. D. 19 72 ~ , . . ~ 7 = Not~ry P~btic in ~nd for the'.Stals' florid~ aT' ~e My Commiuio~ expires: - ~ ~ ~ ~ Return To: MOTART RQBL;C' ~y , f~rtt Fedenl Savings 8 loan Associat:on ~~M~1~~1~~~LORIDA at LARGf Of Fon P~e:ce. A S SEPT. 25, 1975 BY An?tritio Banktn IeS;;nnce ..o_ ' Fort P~erce, Florida FILEO ANG RECORDEO fT.lUC1E COUMtY flA. ROCE~ PO~tRAS ~ = this Instrument Pre ared B John k'. Collins CL~IiK C~i:,;iliT COURt P Y RECORC YQRtFtEO ~ First Federal Savings & loan Association of Fort Pierce, Florida N~t 3 12 ~1 PM ~IZ ~ ~ • Checked By t~~ - ~•,A U~O i ~v~f V 600K~~ PACE VV7 ' ~ ~ _ _ - - - _ - ~ : ~ ~"~`z~y- ~ : y~--a s r rr ~ T~ .Y 2s ~ ~5 ~ fi-. ~~~'W.~`~~2~~~'.,'~d"<S.f....... ~..a-~ ~ _ . - . _ . jt ~ _ ~ ~