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To place and continuously keep on the bui:d~ngs now o~ hereairrr s~tuate on sa~d tand and on ali equipment and pe.sonally covered by th~s mor sgs, with all p~em~ums thercan pa.d in lull, Gre ~~surance in ~he usual srandard pot~cy form, in • wm approved by the MORtGaGEE, and winds~o ~nsurance in the usual irandard po~~cy form, i~ • sum app~oved by the MORTGAGEE, in such company or compa~~es as The MORTGAGEE m d~rect; and all Gre and w~nds~orm, insurance polfc~ea on any oi sa~d build~r+gs, any inierest ?herein or part thereof, in the agg~ega~e sum atoresa~d in eaccss thereof, shall contain the usual standard mortgagee dause w such other clause ~s the Mo+~gagee may requ~re, making the loss undrr ia:d po ues, each and every, payable ~o said htpRTGAGEE as its interrst may appear, and each and every wch poifcy ihall be prompUy ass gned and deGverrd ~ ~ny held by aaid MORIGAGEE as fu~ther sec~rity to said mwtgage debt, and, ~ot less than ten (10) days in advance of the expiration of each po4ty, to d. Gver to said MORTGAGEE a renewat thercof, toge~her wi~h a rece~pt 1or the premium oi such renewal; and there shall be no fire or windsto~m insuranc p~atad on any of said buitd~ngs, any interest Iherein or part thereof, unless in the form and with Ihe loss payable as aforesa~d; and in the evenl any sun of rtwney becomes payabte undea tuch polity or pol~cies sald MORTGAGEE shall have ~he opt~on to reca~ve and apply the sa~ne on accoun~ of ~he indrbred ness secured hereby or to pe~mit said MORTGAGORS lo receive and use it d any parl ther~of fa~ oti~cr purposes, v~~tho~t th~.. u~ w.:~~i ~g o~ ~„~pair ing any equ~ty, lien w r~ght under w by virtw of this mo:tgage; artd in the event sa~d MORTGAGORS shall for any reason fail to keep ~he sa~d prem~sri so insured, a fail ro delivu promptly any of said pol~cies of insu~ance to said MORiGAGEE, or fail promptly to pay fuily any pre~niu~n there+or a in anY ~esped fai) to per(wm, d+scharge, eaewte, eff~t, compkte, comply with and ab~de by this covenam, or any part harcof, sa~d MGRTGAGEE may piace a~,d pay for such insu?ance or a~y part thereof w~thout waiv~ng or affecting any option, lien, equ~ty, or right under or by virtue of this Mor~gage, and the full amount of each and e.•ery such paymeM :hal1 be immed;ately due and payable and shall bear interes~ from tha date thereof until pa~d at ~he rate o1 • n~ne per cenrum per annum and together w•ith such interea~ sha1l bc srcured by the lien of this mortgage. . 4. To pe~mit, tommit or suffer no waste, impairment w deterioration of sa~d property or any part thereof. ` 5. To pay all and singular the c~ts, charges and expenaes, ~ncluding a reasonable attwney i fee and costs of abstracts of title, incur.ed or pa~d at ' any time by said MORTGAG:E, because or in the event of the failure on the part of ~he said MORTGAGOR to duly, promptly and fully perlorm, d~xharge execute, effed, compte~e, comply w~th and ab:de by each and every the stipula~~ons, agreemenrs, cond~tions, and cove~ants of sa~d promissory ~ote and ~h~s mortgage aoy or e~ther, and sa~d cosn, cAarges and eaFenses, each and every, shall be immed~ateiy d~a and payable: whether o? oo~ there be notice de mand, attempt to collect w suit pending; and the full amount of each and every such psyment shall bear interest from the date thereof until pa~d at the ~ ~~re of ~;ne per cent~m per annu:n; and afl said costs, charges and expenses incurred w paid, together w~th such ime~est, shall be secured by the lien of th~s mortgsge. 6. That (a) in the event of any breach of this Mortgage or defautt on the part of the MORTGAGOR, w(b) in the event any of sa:d sums of money herein referred to be not promptly and fully paid within th~rty (30) days neat aiter thr aame severalty beco+ne due and payable, without demand or not~ce, or (c) in the event each and every the stipulations, agreements, cond~tions and covenants of sa~d promiswry note and th~s mortgage any o~ e+ther are nol iuly, prompfly and fully performed, d;uharged, executed, elfected, completed, compl~ed with and abided Sy, then in e~ther or any such event thr uid ag - ~regate sum mentioned in said promissory note Ihen remaining unpaid, with interest acuued, and ail moneys setured hereby, shnll become due and pay- ab:r forthwith, or thereafter, at the opt~on oi aaid MORTGAGEE, as fully and comQletely as if a~l of the said sums of money were wiginatly st~putated to be pafd on wch day, anyfhing in sa:d promisswy note or in this Mortgage to the contrary notwithuandi:g; anc thereupon or fhereafter at ihe op~~o~ af said MORTGAGEE, without notice o+ demand, su~t at law a i~ equ+ty, therefore o~ thereafter begun, may be prosecuted as if all moneys secured hereby nad matured pr~or to its institution. , 7. That in the event that at the beginntng of w at a~y time pend~ng any suit upon this Mo.tgage, w to faeclose it, or to refo~m it, or to enforce payment of any claims hereunder, said MORTGAGEE shall apply to the Cou~t having ~ur~sd~ction thereof tor the appomtmeM of a Receive~, fuch Courl shail forthwith appoint a receiver of said mortgaged property all and singufar, includ~ng all a:.d sing~lar the income, prof~ts, issues and reven~es Irom whatever SJV~CQ derived, each and every of wh~ch, it being expressly unders!ood, is hereby mortgaged as if specifitally set forth and described in the granting and nabendum c:auses hereof, snd such Receiver shall have atl the broad and effec~~ve funcr,ons and powers in anywne e~trusted by a Court to a Receiver, a~d s~ch appoi~tment shall bc made by such Court as sn ad~nitted equity and a matter of absolute right to said. MORTGAGEE, and without reference to the a:lequacy or inadequacy of the value of the ~operty mortgaged or to thr so:vency or insolvency of said lN~RTGAGOR p the defendants, and that such rems, profits, incane, issues and revenues shall be appiied by such Receiver accord~ng to the lirn or equity of said MORTGAGEE and the practiu of such CouA. 8. To duly, promptly and fulty perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants in sa~d promisswy note and fhis mortgage set forth. 9. That in the event the ownership of Ihe mortgaged premises, or any part thereof, becomes vested in s person other than the MORTGAGOR, the h~'.ORTGAGEE, its successas and assigns, may, without notice to fhe MORTGAOR, deal with s~ch succeuw or succeasw in interest with refere~ce to this ^~o~igage and the debt hereby secured in the same manner as with Mortgagor w~thout in any way vit;aring or diuharging the Mortgagors' liability here~ ~nder w upon the debt hereby secured. No saie of the premises hereby mortgaged ar.d no forbearance on the part of the MORTGAGEE or its successors or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its succe:sors or ass~gns, ahall operate to retease, d~scharge, modify change or affect the original liab~l~ty of the MOR7GAGOR herein, eithe? in whole or in part. 10. It is specificzlly agreed that time is of th- essence of this contract and that ~tio waiver of any obSigat~on hereunder or of the obligation se- c~red hereby shall at any time thereafter be held to be a wa~ver of the terms hereof or of the instr~ment secured herby. 11. In add~ro? to the forego'ng month!y paym~nts of princ'pa1 and interest required by the prom~ssory rqre sewred hereb~, mortgagor covenants a~d agrees to pay to mortgagee with each rt+onthiy payr.~ent an add~rional s~m est~mated by mor~gagee to be equal to 1/ 12 of the annual cost of the folfow- Iny: ; i ~ A-All real property taxrs ievi~d w assessed agai~st the above desc.ibed real estate. ' B-Prem~ums on f~re and v~ind:to~m insurar.ce as here~n req~:red to 6e carried on the ~mproveme~ts s~tuate on the above dstcribed premises. ~ C-Prem~ums on such mortgage guaranty ir.surar,te as mortgayee shail from t:ree to time deem fit to carry on the :oan secured hereby. ~ Mortgagee shaif from time to r~me notify morfgagor in wr;ting of the amount due and payable htreundrr and such suT shall thereupon be due and ~ ; syable on the due date of the rte,ct n:onth'y payment and each successive month tnereaft~r ur.til mortgagee shall notify mortgagor of a change in such ~ a o~nt. $uch sums sF.a~l be applied by mortgagee toward the payment of real property taaes, insurance prem.ums, and mortgage guaranty insurance c~emiums. i s IN WITNE55 WHER the s~ MORTGAGOR has hereunto se4 his hand and seal the day and year first aforesaid. ~ ' ne~, Sealed a det er e oresen ~ of: ~ i ~ Seal) s - (Seaq o ~ - (Seaq ~ - M~I~e W. L3rid (seaq ~ ~ SiATE Of FLORIDA ~ ~ COUNTY Of S'fi. L11C~.8 ~ ~ ~ Befwe rtx ~.~ny appeared Harrv G. I,ind , S r a„d ~ ~3r~B w' L~IId his wife, to me wefl known and known to me to be ' rhe ind;riduafs described in and who e:ecuted the for oi instrumeot, and acknowl i k eg ng edged before me that they executed the sarrK fw the purposes ; therein expresud_ And it~e said _ ~'~8j'~ ~II~~ LiTld ? ,n•~fe of the said ~ar~ G• ~nd ~ S! . upon e separate and private ~ e.am;nat~on by me taken separate and apart from her uid husband, atkrawledged to and before me that she eaecuted sai inatrume~t ffeeTy and volun- ~ ~ tanly and w~thout any compu~sion, constraint, apprehen~p~ or fear of w from her said husband. . z WITNESS my hand and offic~al seal this_~ ~~V day of ~ A D. 19 ~ - ~ - . - . ~ N tary Pubtic in a~,d or Stafa Of Florid~ st large ; ` My Commiuion e:pires• , ' 3 Retum To: - • NOT~,RY PUf~~lC S ;lT'_' :'7 c^.RiC~l~~~ First federal Savings 3 loa~ Association ~ MY C.'.?1;.'.;:;;;,;` %.i ^ Of Fort P;erce. GE~i~FipL (fiSii:2.tiit,s: li{~I~}LK"r~,~ ~ Fort Pierce, florida . , / # , _ F LEO ~ND RECOIt~tO ~ ~ t~• IUGE COIIMT~r fLA. , 3' - This Instrument Prepared By J. H. RDbe2'ts~ Jr. RdCER ?OItAAf 3 First Federal Savings 8 Lcan Association RECORO YERaF up ~~r of Fort Pierce ~ FlOY'1da ~ Mr 13 12 ~c P '7Z - Checked By { - . e~ox~ ~ ~ 2'~1 ' ~ ° 1 s ~ - - . _ - - - - - - . - ~ . F . . . : _ . . _ . . s _ ~ ~