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Tu plate and continuous~y keep on the bui:dmgs now or hereaiter f~t~ate on se~d ~and and on all equ~pmem and personally co~ered by tAis mor sge, wah all prem~~ms thereo~ pa:d in futl, tire insu~ance in the usual s+ondord poi~cy form, in a wm a~:provad by ehe MOR~GAGEE, and w~ndsto ~nsurance in the usv~l siandard pot:cy form, in a sum approved by the MORiGAGEE, in such company or compan~es as ~he ~hORiGAGEE m d~~ec~j and all fire and w~ndstorm insurance poGues on any ot sa;d bui!d~ngs, any iniere~t therein or part thereo(, in the aggregare sw~ aforew~d in excess thereof, shall contain ~he us~al s~anda~d mo~tgagze tia~se or such other clause as the Mo~tgagee may reqv~re, making the ioss vndar sa~d po cies, each and e~ery, payabie to said h10RivAGEE as ~ts imereat may appear, and eacA and every such po!~cy shail be promptly ass g~~ed a~~d de~~vered ~ any held by said 610RTGAGEE as furthar security fo said ~T~ortgage drbt, and, ~ot less than ten (10) days in advance of ~he expira~~on o4 each pot~cy, ?o d. live~ to uid MORTGAGEE a renewal thereof, toge~her wi~h a rece~pt fo~ the premium oi such ie~lewal; and there shali ba ~w Lre o~ .~~~~dsto•m insuranc placed on any ol said b~ildings, any interesf there~n w parl Ihereof, unlesi in the form and with the Ioss payak~le as aforesaid; and ir. ti,c event any su~ of money becomes payabte under such policy w pol~ues said MORTGAGEE shall have ~hr ope.on to iece~ve and app!y the same oo acco~nt oi ~he indaoe.:d ~esa secured heraby o~ ro permit said MORTGAGOR$ to receive and use it w any pa~t the:eof tor o:h~~r pwposez. .~.~~~:out ~h_~~ ur w.:~.~ o~ ing a~y equity, lien a?i9ht undrr w by virtue of Ihis mo~tgage; and in the eve~t sa:d MORTGAGORS shall for any rzason (ail to keep the sa~d premis~~s so inswed, or fail to detiver promp~ly any of said policies of insu~ance to said MORTGAGE[, or fait promptly to pay luliy any prenuum thereiw or in a~y respect fail to perfwm, discharge, execute, effect, comp~ete, comply wi~h and abide by this covenanf, o~ any part hrreo(, sjid MOR?vAGEE may piace a:,o pay fw such insurance w any parl thereof w~thout waivir?g or affecting any option, I~en, equ~ty, or r~ght under or b~r v~rtue of ~his h1o~+gage, and ~he f~ll amount of each and every such payment shall be immediately due and payable and shall bear intcrest from tha date the~eof un~il paid at the rate ol n~ne per centum pe~ annum and to~ether with ~uch inte~est shali be sewred by the lien o( this mortgage. 1, To permit, commit or suffer no waste, impairment or deterioration of said property or any pa~t thereof. 5. To pay all artd singular the costs, charges and ezpenses, includinq a reaso~able attwney's feo and costs of abstraUs of litle, incurred o? paid at any time by said MORTGAGfE, betause or in tF+e event of the failure on the parl of the said MORTGPGOR to duly, promp~ly and fully per'orm, d~scharqe. execute, effetl, compiete, comply with and ab:de by each and every the stipulat~ons; ~agreements, co~di~ions, and rovenants of sa~d pro~nissory note and this mortgage any w e~ther, and sa~d cesn, charges and expenses, each a~d every, shatl be immed~ately due and payab!e; whether or not there be nor~ce dr mand, attempl to collect o~ suit pend~ng; and the full amount of each and every such payment shall bea. interes~ from the date the~eof until paid a~ the rire o? nine per centum pcr annum; an~+ all sa~d costs, charges and expenses enc~rred o~ paid, together wuh such interest, shall be secured by the lien of this morfgage. b. Tfiat (a) in the event of any breach of th7s Matgage or default on the part of the MORTGAGOR, a;b) in the eve~t any of sa:d sums of money herein referred to be not prompt{y and fufly paid withi~ th,rt~"(3t~-dsps next aft•~r the same sevEra:ly become due and payab~e, without demand o~ noticr, or (c) in the evenl each and every 1he stipulations, agreements, conditio~s and covenants of sa;d promissory note and th~s mo~tgage any or either are no1 iuly, promptly and fully pe~formed, d~scharged, execured, effected, completed, compl~ed w~th and ab~ded 5y, then in e~ther or any such event the said ag gregate sum mentioncd in said promisswy note then remaining unpaid, with in~evest accrued, and a~l moneys secured hereby, shall become due and pay- abte fwthwith, a thereatter, at ihe option of said MORiGAGEE, as futty and comple~ely as ii all of the said sums of money were or~ginally st~pulated ra be pa~d a+ such day, anything in sa:d prom~sswy note or in this Mortgage to the co~trary notw~thstanding; and thereupo~ w thereaher a~ the opt~on of said MORTGAGEE, without norice or demand, suit at law or in equity, the~efore w thereafter begun, may be prosecuted as if all moneys secured hereby nad maturcd pnor to its institut~on. 7. That in the event that a~ the beginn~ng of or at any time perxiing any suit upon this Mortgage, or to foreclose if, or to retorm it, or to enf9~j~ payment of any claims hereunder, said MORTGAGEE shall apply to the Court having ju.isd~ction thereof fa the appo~ntmenl of a Receiver, such Court aaa Forthwith appoint a receiver of said mortgaged property a~t and singular, includ~ng all and singu~ar the irtcome, prof~ts, iasues and revenues from what~ye ~ source derived, each and every of wh~ch, it be~ng expressly understood, is he~eby mortgaged as if spec~fically'set fath and dexribed in the granting~ heber.dum clauses hereof, and such Receiver shall have alt the broad and effective funct~ons and powers in anywise entruated by a Court to a Receiver, j~ s::ch appoinfinenf shall be made by such =ourt aa an admitted equity and a mafee? of absolute right to said MORTGAGEE, and without refere~ce to ~FiqS adequacy w inadeqvacy of the value oi the property mortgaged or to the so~vency o? insolvency of said MORTGAGOR or the defendants, and fhat wc°Ff ~ renis, profits, incane, issues and revenues shail be applied by such Receiver according to the lien w equity o1 said MORTGAGEE and the p~actice of sj,tTi ~ _ Court. ' , 8. To duly, promptty and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agrcemeni~, t conditions and covenants ~n sa~d promissory note and th~s mortgage set fwth. ? ~ 9. That in the event the ownership of the mortgaged premises, w any part thereof, 6ecomes vested in a person othe? than the MORTGAGQt~, tTje h'.ORTGAGEE, its successo~s and ass~gns, may, wiiho~t notice to the A10RTGAOR, deal w~th s~ch successw or successor in interest with refe:ence t¢thh~ n:ortgage and the debt hereby secured in the same manner as with Mortqagor w;thout in any way vitiating or discharging the Mortgagors' liability ~ere- ai ~nder o~ upon the debt he~eby secured. No sale of the p~en~ises hereby mortgaged and no forbearance on the part of Ihe MORiGAGEE or its svcc~ssOls: er ass~gna and no eatension of the time tor the payment of the debt hereby secured give~ by the MORTGAGEE or its successws or ass~gns, ahall operate ro rNease, d~scharge, modify change or affecl the origmal liab~l~fy of the MORTGAGOR herein, either in whole w in parL 10. It is speufically agreed that time is of the essence of this contract and that no waiver of any obl~gat~on hereunder or o4 the obligatitnT'!e- cured hereby shail at any time thereafter be he~d to be a waiver of the terms hereof w of the inatrument secured herby. ' ~ I1. In add:tio~ ta the (o~ego ng month!y paymems of princ pal and inrerest requ~red by the prom ssory no!e secured hereb~, mortga3or covenants ! and agrees to pay to mo:tgagee v~ith each monrh y pa~~,~ent an add~uonal sum esnmaied b~ mo~tgagee to be equal to 1; 12 oi t:~e annual cost of the follow- ~ng: ~ A-All real property taxes le•ne~ or assessed agalost thc above described ~eal estate_ ~ ~ B-Prem~ums on firr and wind:torm irtsurarce as herein requ~red to be carried on the ~m;,roveme~ts s~tuate on the above described premises. ~ C-Premiums on such mwtgage 9ua.anty ir.surar:ce as mortgagee shall fr~m f~me to time deem fit to carry on the loan secured hereby. ! Mortgagee shail from time to time notify mortyagor ~n writing of the amou~t due and payable hereundrr and such sum shall thereupon be due and ` F3yable on the due date of the ~ext monthiy payment and each successwe month thereaft~r ur.til mcrtgagee shall not~fy mortgagor of a change in such s an,ount. Such sums sha:l be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty insurance ~ c•emiums. ' IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first a4oresaid_ ~ n gned, Sealyd' an~t~elivered the prexnce of: ~ /j ~ ~a' ~ C ? G'i ~ ~ 1 ur ' cs~a~~ & - ~ - _ ? _(seaq € i_ ~ ~ : OTBS . (Seal ) € ~ STATE OF FLORIDA 1 1 SS. ~ St. Lucie ~ COUN ~«Fe me peno~ally appeared W3'1bUI' S• I'8~'~n and ~ DO 02'6S • his wife, to me well known and known to me to be ~ the individuals desvibed in and who eaecuted the fwegoing instrume~t, and acknowledged befwe me that they executed the sa:ne for the purposp ~ Dolores A. Larkin ~ tnerei~ expressed. And the said ; N~Ee of tF~e sa~d - Wilbur A• I'8~'~II , upan ~.~eparaM M+d prvah ? examinat~on by me taken separate and apart from her sald huaband, acknowledged to and before me that she executed sa~d instrvnleN•fti0f~l and vatvn. rarJy and w~thout any compulsion, constraint, apprehens[on, or fear of or from her said husband. - ~ WITNESS my hand and offic:al seal this__ day of Ch A. D. 19 ?z • :4 / . ~ f t _ ~_a .;!~~~i / • ' . ~2 . Notary bl~ty i~~nd for the State of f{wid~ ~t larp~ My eori.a ~a~pLeC1~:::.,:E G: ~i0~it1A AT W~• - Retum To: -~.•;'.:.~:~ti 't„i.N~s DES. 1d/Z First federal Savings 3 Loa~ Associat~on j~HUUtiH FREO W. DiESTELHORST ~ Of Fort P.erce. ^ Fort Pierce. Horida 2251~s , 'd ~ 7 ~ ~ 's FILED AND ItECQR~~~ gT.LUCtf COUN1Y F This Instrument Pre ared B ti~m. E. BI'8LU1 ROGER PO?TRAS ~ ~ First Federal Savings & Loan Association CIEF.K C~kiLE~,~ COU~ ~ pEGORD YE ~.h ot Fort Pierce~ Florida - Checked B ~ 8 'u 40 -d.~ Y a R ~ ~ . , ~ - - - - ~ - ~ ~ _ - ~ ` ~ u - ~ ~ : ~t ~ - - = ~ _ _ - ~ - _ _ . - -,c-v' ~ ~