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To place and continuousty keep on the bui'd~ngs now or hereaftN fituate on said land and w+ ali equipment and personally coverad by Ihis mo~ ags, with all premiums ~herco~ pa~d fn tull, I~~e infuronce in tha usual s~andard policy form, in a sum aNproved by the MORiGAGfE, and w~nds~o ~nsu~anc~ i~ the ~sual itandard pol:cy fwm, i~ a s~m approved by the MORiG~1GEE, in such cbmpany oi co~+~pan~es as ~he MORiGAGEE m d~recr, •nd all iirt and w~nditorm inwronce po~rc~es on any of said bu~~d~ng~, any intere~t therein or part thereoi, i~ the aggraga+e sum aioiesa~d in excess thereof, shall contain the usual standard mongagee ~lause or such o~ha da~ss as tha Mor~gagee may requ~ro, maAing tha foss undr~ amd po c~es, each and every, payable to said MORIGAGEE as ~ts intere~~ may ~ppea~, end each and eve~y such pol~cy shalt be promptly ass gned snd deGvared ~ any held by ss~d MORiGAGEE as (urthe~ security to said niortgage debt, and, ~ot leu than ten (10) drys in advance oi the expirat~on of each pol~cy, to d~ I~ver to said MORTGAGEE a~enewal thereof, together with a rece~pt for the p~emium of such r~newal; and there shall be no i~re or winditor~n insuranc placed on •ny of sa~d buildings, +~y imerest there~n or part thereof, unless in ~he form and with ~he loss payabte as aioresaid; and in the event any sun of moneY becomes payable unde~ such policy or pol~u~s said MORTGAGEE shaH have Ihe opt~o~ ta recaive and apply the sanu on account of ~he indebt<d ness secured hereby or ro pe~mit ssid iAORTGAGORS lo rtCeive and use i1 0? a~y part thereof lor otncr purposea, tivitho~t ~h~r~u~ w~+~in~ cr ~mpau ~ng any equ~ty, I~e~ w r~ght under a by virtus of thii mo::gage; and in the event sa~d MORTGAGORS shatl fa any reason fail to keep ~he sa~d p~em~srs so ~nsured, w iail ro dei~~c~ promptly a~y of uid pol~ties of insurance to said MORTGAGEE, or fail promptly to pay fuily any p~e~nium therefw or in a~y resped fail 1o pafwm, discharge, execute, effect, comp!ete, comply with and abide by this covenant, a any part hareof, said MORTGAGEE may place a~~d pay (or such insurance or any part thereof without waiving a affectiny ~ny option, lien, equ~~y, or right unde~ a by virtue of this Mo~tgage, and the full amounl of each and every such payment shall be immed~ately due and payable and shall bear interest from the date thereof until paid at the rate oi n~ne per centum per annu~n and to~ether with such interesl shali be srcured by the lien of thi~ matgage. 4. To permit, commit or suFfer no waste, impai~ment or deterioration of said p~operty or any part thereof. S. To psy all and singutar the costs, cAarges and expenset, ~ncluding s reaw~able attuney's fee and costi of abstrads of title, incurred o? paid at any time by said MORTGAGfE, because or in the event of the fa~lure on the part of the saed MORTGAGOR to duly, prompfly and fully perform, d~scharge. exetute, effeci, complete, canpfy w~~h and ab:de by each and every the atipulat~ons, agree~~ents, condiffons, and covenants oi sa~d pran~ssory note and ihis .rortgage any w e~ther, and sa~d costs, charges and expenses, each and every, shsll be immediatrty due ar+d payable; wheiher o? not fhere be not+ce dr mand, attempt to cotlect or suit pending; and the full amount of each and every :uch payment shall bea. interes? from the date thereoi unri! paid at the r.,te o! nine per ceNum per annurn; and all said costs, chargrs and exprnses incurred or paid, to~ether with such imerest, shall be setured by the lien of this mortpsge. 6. That (a) in the event of any breach of this hlwtgage or deEault on rhe part of the MORiGAGOR, or (b) in the event any of satd sums of money herein referred to be not promptly and iully paid within thirty (30) deys neat after the same severally become due and payable, without dema:~d or notite, or (c) in the event each and every the stipulations, agreements, condit~ons aM! covenants of sa~d promissory note and th~s mortgage any or either are no1 ! ~uty, promptly and fully pe~formed, d:xharged, execured, effected, complcted, compl~ed with and abided Sy, then in either or any such event the said ag ' ~regate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and a!1 moneys secured hereby, shall become due and pay- able forthwith, oi thereafter, at the opt~on of said NORTGRGEE, as fuily and completely as ii atI of ~he safd sums oi money were aiginally sripulated to be pa~d on such day, anything in sa:d prom~ssory note or in this Mortyage to the con?ra~y notw~thstand~ng; and ~hereupon w thereaiter a~ the opt~on of said MORTGAGEE, w~thout not~ce o~ demand, suit at law or in equity, tF~erefore or thereafrer begun, may be prosecuted a~ if a!I moneys secu~ed he~eby nad matured pnor to ~ts inslitution. - • ' 7. That in the event that at the beginning of or at any time pending any suit upon this Mortgage, oc;tp.foredose it, or to rcform it, or to c~force payment of any claims hereunder, said MORTGAGEE shall apply to the Court having ju~isd~c~ion thereot fo~ 11K eppointment of a Receivert such Cour1 shall for+hwirh appoint a receiver of said mortgaged property aII and singulsr, includ~ng all and singular the.inc,pme, pro(its, issues and reve~u0s from whatever source derived, each and every of wh~ch, it being eapressly understood, is hereby mortgaged as if ipecificaily set forth and deuribed in ~~he granting and habe~dum clauses hereof, and suth Receiver shall have all tht brcad and effective funct~ons and powers in anywise emrusted by a Court to a Receiver, and s.,ch appoiatment shall be made by such Court as an admitted equity and a rt+atter of absolute right to said MORTGAGEE, a~d withoul reference to the adequacy or inadequacy of the value of the property matgaged or to the soivency or insolvency of said MORTGAGOR o~ the defendants, and rhat such rems, profits, incane, issues and revenues shall be appiied by such Receiver atcord~ng fo the lien or equity of said MORTGAGEf and the practice of such Courf. 1 8. To duly, promptly and fully perform, discharge, execute, e(fect, complete, cornply with and ab~de by each and every the stiputations, agree,nents, conditans arsd covenanta in said promissory note and this mortgage set forth. 9. That in the evenf the ownership of the mortgaged premises, or any part thcreof, becomes ve~ted in s person olher tha~ the MORTGAGOR, the MORTGAGEE, its successors and assigns, may, wirhout notice to the MORTGAOR, deal with such successor a successor in interest with reference to this mortgage and the debl hereby se:ured in the same manne~ as with Mortgagor w~thout in any way vit~ating or d~xharging the Mortgagors' liability hero- ur.der or upon the drbt hereby secured. No sale of tne Frem~ses hereby mortgaged and no forbearance on the part of the MORTGAGEE or its s~ccessors or assigns and no extension of the time fw the payment of the debt hereby secured given by the MORTGAGEE or its succeasors o? auegns, a~iall operate ro re!ease, discAarge, modify change or affect the orig~nal liao~l~ty of the MORTGAGOR hcrein, eitFxr in whole o. in part. 10. It is speufical~y agreed that time is of the essence of this contrad and that no waiver of any obligation hereunder or of the obligation se- cured hereby shatl at any time thereafter be held to be a waiver of the terms hereof o~ of the instrument secured herby. I 'r 11. In adda;os to the fwego'ng month!y payments of princ'pal and interest required by the promrswry no!e sec~red hereby, mortgagar covenaMS ~ ~ ar.d agrees to pay to mortgagee with each mo~thly payrnent an add~~ional wm es~~mared by mwtgagee to be equal to 1;' 12 of the annual cost of the follow- ~ng: 4 ~ A-All real prope~ty taxrs levied or asaessed agai~st the above descr~bed real estate. k 8-Prem~ums on iire and windsrorm insuracce as here~n requ~red to be canied on the ~mproveme~ts s~tuate on the above described premises. ~ C-Premiums on such mortgage guaranty ir.surar,ce as mortgagee shai~ irom t~me to t~me deem fit to carry on the loan secured hereby. ; t Mortgagee shail f.om t~me to t~me notify mortgagor in writing of the amount due and payable hereundrr and such sum shatl thereupon be due and ! ~ ~ ayable on the due date of the next month".y payment and each successive month ~hereafter ur,tit mortgagee sha11 notify mo+tgagor of a change in such ~ a•~~ount. Such sums sF.ali be applied by mortgagee toward the payment of real property taxes, insurance prem,ums, a~xJ mortgage guaranty insurance E p~emiums. ^ IN WITNESS YJHEREOF, the said MORTGAGOR has hereunto set his har,d and seat the day end y f' t afweuid. `s ; Signed, Sealed and de~ ed in ~4 'e ptcsence of: ~ aq ~ - ~ ~t ~ (SeaO ~ ~Seal) ~ ~ STATE OF fIORIDA ~ COUNTY OF St.• I~1C18 ~ ~ ~ Sharon .i. Warner. si le adult ~ Befwe me personally appeared ---~~le JO~ ~ to me well known and known ro me to be ~ the individual! dewibed in and wF+u executed the foregoiny instrumem, and acknowtedged before me that~h~ executcd the same fw tha purposes ~ therein expre~sed. ' ~ ~ . 'V .~j WITNE55 my hand and official ual thi n day of ~ 19 ~c ~ G7 N ary Public in and w tF~e State Of.~io~id~ ~t l~~ ; ~ ; My Commission expir : r. t -s Retum To: - • ' • ' ' ~ N07P.RY Pi!!?'. ^ ~ a~' '-lOR.Tp~^~? ' = ~ Fint Fedenl Savinga 3 Loan Association MY G^'i~.~;~.~ ~ ;i t~l~ ?y;.i~9 ~ Of Fort P~erce. GENERAL lii;~.i~:n~,,,_ .,i~.;iitW.~i'r~~y` -^"j~••t~~ Fort Pierce, Florida . - ' ` ~ . Jj l. - a-~ , lljr~ ...r~.. . r:3 " fILEO ANO RECOROEO 3T.lUC1E COUNTY FIA. This Instrument Prepared By J. H. RObeZ'ts ~ Jr. ROCcP PO~TRAS First Federal Savings 8 Loan Associat~on CIERR C~~LUiT COURT ~ 4FCO~D Vf-.tFlfD~ of Fort Pierce ~ Florida M~ 6 3 i4 PM'71 - Checked By ~ _a e~~ ;~;~4914 `;y~ 600K~ViJ AAC~ ~ ls ~ ~ ~ ~ _ _ _ _ ~ ` . I _ 1 S ' _ ' - , 1.:,~. tk{.-'S^ +l - ~j_'s~~'~~a r,~,u. . . . Y . . . . . ~