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To place and co~t~nuousty keep on the bw'd~ngs nuw o~ hereairrr a~tu;te on sa~d land and on ali equipment and personaliy cove~rd by this ma ege, with all prem~ums ~hereo~ pa~d in full, fue ,nsu~a~:ce ~n rt~e us,:al sr~ncierd poticy form, in a sum approved by the MOR~~.~GEE, and w~ndsto ;ns~rance in tha usual etanda~d pol.ty 1or~n, in a sum appro.ed bti the AIORTGAGEE, in such Gompany or co~npan~et as the 110RiGAGEE m d~.ett; and all lire and w~nJstorm insvrance po:~c:es on any of sa.d bvild.n9s, any Enterest therein or part thereof, in the agg~rgue wm ~fo~esald in excess ~hereof, shall :ontain the ~w~i sfanda:d mo:tg,~gre c'~a~se or su;h o~he~ cla~se as ~he M~~tgagee may requ~re, ma?irg ~he loss unde~ sa~d po c~es, each and every, payab'e 1o said A\JRTG.4GEE af its ~ntar,st rnay appear, a+.d eac~ and every wth pot~cy shall be promplly ass gned and delivered l ; any held by said MOR[GAGtE as funhar sec~rity to sa~d ~~:or~gage d~u~, and, not Iess ~han ?en (10I days in ad.a~~ce oF the exp~~anon ot each poGCy, ~o d~ ~ 1~ver to said MORTGAGFE a ronewa~ tt~ereof, toge~hrr with a rrce~pt tor 1he pre:num o1 such renr.val; and ~here shall be no f~re or wir:da~o~m insuranc - pliced on any of said bui!d~ngs, any ~ntcrest thz+e~n or pa~t ~hereof, ~n!rss in ~he form and w~th the loss payable as afcresaid; and in the event any sun ~ of money bccomes payable under such policy o~ po~~c+rs s~id h10RiGAGfE shall have ~he op~:on ro rece:ve e~~d apply ti~e same on accoum of ~he indebt~d ~ ress setvred her2by o~ to permit said MORTGAGORS to receive and use it or any perf the:eof for oth,~~ pur~.os~•s, •:~;ri~o~1 th~•. u; .vs~~~ ~3 c~ ~~~~,~w~~ ing any equ~ty, lien w ~ight under or by virtue of this mcr:gsgc; and in the event sa:d MORTGAGORS shall for any reason fail to kaep ~he sa~d prem~ars so ~nwred, or fail to delrver prompt(y any of sa~d pol~cies of insurance to sa~d MOR(GAGEE, or fa~: promp;ly to pay fu:iy any prenu~m therefa or in a~y respect fail 1o perform, discha~ge, eaecute, eifect, completr, co:nply wiih and a5~da by th:s cove~~a:v, or any part h~reoi, sa~d MGRTGAGEE may p~ace a~~d pay fw such inswance or any part thrreof w~~hout .vaiving or affecring any opt~on, Gen, equ~ry, or r~ght unde~ or by virtue of this Ator~gage, and thc f~ll amount oi each and every wch payment shall be in,~ned~a~rly due and peyable and shail brar intarast from the date tt~ereof unti! pe~d at the rate o1 ~~:~~e per centum pe~ annum and to~o~hrr vcith such int~c~st sn~u be iec~rzd by the iien of th~s mortgage. 1. To permit, commit or suifer no waste, impairment or deterioration of said property or any part thereof. S. To pay all and singu~ar the costs, tharges ard e:penses, ~ndudi:~g a reasonable attorney's fee apd cosrs of ab~lracts of title, incurred or paid at any time by said MOR~GAG:E, because or i~ the event of the fa:lure on the par~ oi the said MORiGAGOR to d~ly, promp~ly and fully perfam, d~uharge, exrcu!e, eifect, canplete, tomply wnh and ab:de by each and every the st~p~iat<uns, agree~»ents, conditions, and covenants of sa~d pro~n~;sory note and th~s .~:u~tgaye any w eithe~, and sa:d tos~s, charges and expenses, each and evary. shall be immediateiy due and payable; whether or not there be not~te dr mand, attempt to toilect w s~it pend~ng; and the f~lt amount of each ar~d every such payment shali bea* interest from the date thereof umil paid at the re o~ nine per cens.,m prr annu~r, end all said cosrs, cha~ges and ecch:nsea ~nc~rred or paid, ~0921I12f wah such interest, sball be sacured by the lien of th~s mortgag2. 6. That (a) in the evenf of any breach of this Mortgage or default on tl~e part of the MORTGAGCR, or (b) in Ihe evenf any of sa:d sums of money herein referred to be not prump~ly a~d fully paid wirh~n th,rty i3J) days next e:n~r ~he sa~ne severa:ty becane due and payable, wi~hout demand or natice. er (c) in the event each and every the stipulat~ons, a9~eements, condtions and covenants of sa:d promissory ~ote and th~s mortgage any or either are not i~ly, promptly and fu~ly performed, d~scharged, executed, effected, co+npleted, compfied with and ab~ded by, then in eifher w any such eveN ~he said ag ~r~~gate sum memioned in said promissory note then re~:~aining unpaid. with intere;t accrued, and all moneys secured hereby, shail beteme due and pay- ao'e forthwith, o+ thereafter, af the option of said MORTGAGEE, as fully and completely as if all of the sa~d wms oi money were aiginally stipu:ated ro be pa~d on such day, anything in sa:d prom~sswy note o. in th~s hlortgagr to the cont.ary notwi~hstandu~g; and thereupon w therea(ter at the option of s~:d MORTGAGEE, without nohce or demand, suit at law or in equ~ty, therefore er thereairer begun, may be prosecuted as if all moneys secured hereby r~d matured pnor to ~ts institution. 7. That in 1F+e event that at the beginn~ng of or at any time pend~ng any suit upon th~s Mo~tgage, w to fweclose it, or to reform it, or to enforce ~-ayment of any daims hereunder, said MpRTGAGEE shall app~y to the Cou~t havi~~g ~wisd;ction thereof tor the appointment of a Rece~ver, such Co~~rt shall fcrthwith appoint a receiver of said mortgaged property alt and sengular, inci~d ng al: and vngular the income, profits, issues and revenues from whatever s:~~ce derived, each and every of wh:ch, it be~~~g express!y vndersrcod. is fereuy mortgaged as if sFeul~caily set forth a~d described in the granting and h3bendum cla~ses hereof, and such Receiver shall have a!1 the b~~ad a~:d effecr,ve f~nct,ons and powers in a~yw~se entrusted by a Court to a Rrcriver, and s_ch appointme~~t shall be made by such Court as an ad~•iitted equity and a n,atter of a~soiute nght to said MORTGAGfE, and without referente to the e.iequacy or inadequacy of the va:ue of the property rnorrgaged or to the so:ve~.cy er ~nso:vency oF sa~d RRORIGAGOR or the defendants, and that such r~~,TS, proiits, inco.ne, issues and revenues shall be appi~ed ~y such Recr~ver accord::~g to ihe lien or equity of sa~d MORTGAGEE and Ihe practice of such Court. i 8. To duly, promptly and fully perform, discharge, execute, effect, compiete, comply with and a6ide by each and every the stipulations, agreements, 3 :or.ditions a~d covenants in sa~d pra-nissory note and Ih~s mortgage set fwth. 9. That in the event the ownership of the mortgaged prem~ses, or any part thereof, becomes vested in a person other than the MORTGAGOR, the .'~RTGAGEE, its successors and ass~gns, may, wisho~t no~ice to rhe MORTGApR, deat w~fh such successor or successor in interest w:th reference to this o•igage and the deut hereby secured in the same manner as with Mortgagor w~thout in any way vit~ating or d~xharg~ng the Mor~gagors' liability her~ ~ ~.der or upon the debt hereb~ secured. No sale of the Fremnes hrreby mortgaged ar.d no forbearance on the part of the ~1lORiGAGEE or its successon e~ ass~g~s and no extension of the hme for thr payment of the debt hereby secured given by the MORTGAGfE or its successors w ass:gns, a~~all opetate ~o retease, d~scharge, mcdify change or affect the o~ig~~al liab;i~ty of the MORIGAGQR herein, either in whoie or in part. ~ e 10. It is specifically ag.eed that time is of the essence of thls contraU and thaf no waiver of any obligarion hereunder or of the obligstion se- o,red hereby shall at any time thereafter be held to be a wa~rer of the terms hereof or of the instrument secured herby. 11. In add:tioz to the forege'n9 month~y p~ymenis of pri::c pal and ~~rerest ~equ~red by tne prom;swry no!e secured hereb~, mortgagor eovenants ~ d agr~es to pay to n:o-tgagee y.~th each monrhly payr ~enT an aciJ~rional s~m esr ~:ared by mortgagee to be equai to 1, 12 oi the annua~ cost of the fotlow- ,3. A-All real properiy taxrs lev~ed or assessed agai~zst the above dezcribed r^al es~are. i B-Prerr.iums on fire and w~ndstonn inswarce as here~n requ~red to be ca•ried en the ~mprovemezts stuate on the above d=scribed premises. C-Premiums on such mortgage guaranty ir.svrar.ce as mo:tgagee shat! frorn r:me to time deem fit to carry on the loan secured hereby. Mortgagee shail from time to ti~,e notii~ mortgagor in writ:ng of tha amou~t due and payable hereundrr and such surn shall thereupon be due and ; :~•,able on the due date of ihe next month!y payment and each svccessive month rhereaftcr urnil mcrtgagee shali notify mortgagor of a change in such ~~~~nt. Sucn sums sh.ai! be applied by mortgagee toward the payment of reai property taxes, insurance prem:ums, and mortgage guaranty insurance > ..•emiums. - i " IN Y11TNE55 WHERFOf, the sa~d MORTGAGCR has hereunto set his har.d and seal rhe day and first ator aid. ~ ~ 5" Sealed and_ livtred in th resente of: ` '?~~t~~ - c 1 ~ - ~1~ ~ Lester . c en ~an ' j ~ LIL~ ~Z L C . ~ L ( JC~f ~fi C~,I~ (Sesl) ¢ - - 1Karga e . ~~ai~ a ; - ~ ST:~7E OF FLORIDA ~ .JUNTY OF SL • L.t1Cle ~ ~ ~ LeSter R, MCMilleln and ~ ~ Before me personally appeared ~ r _ Ma rga ret Z.. MCTlll l eTl his wife, to me well known and known to me to be ~ rhe ind~viduals described in and who executed the foregoing instrument, and acknowledged before me that they executed the same fw the purposes ~ ' rherein expressed_ And the said Alarqa ret L. ~ McMillen ` .~~fe of the said Lester R~ McAfillen upon s stparate and private an e.amination by me taken separate and apart trom her said husband, acknowledged to and before me ihat she execuled said instrument freely and voluo- rariiy and without any compulsion, constraint, apprehens~on, or fear of or from her said husband. rt WffNE55 ~'I1~~d and official seal this~~ day of_ A- 19~~ u ~ N~ RUSId~t6t~ilJBf~ f~Vfl~QA Ni~r11~~' :s _ My Mi~s,01,{WS~,~s£XPIRES 5EP1. 22, 1475 = • QENERALINSURANCEYNDEtZWR1iiRS~~NC. s Firtf fedtral SiJ'i71Q; i Coan Association 9•~~~ ~ Oi ,Fqt. P.:e*ce. ^ Fprt Pipn~Cti, Fbr~da fJLEO AN~ aECpIlDE _ iT. aU CER PO TRAS ~ p ~ ~ ~ `=,s2 CIEaK CIRCUIT COURT - This Instrument Prepared ByRichard K. Kayes RECOROYERIFIEO First Federal Savings & Loan Association ~u of Fort Pierce , Florida ~ 1~ ZS M1 ~~Z Checked By I~~rI~rV~ ~ $~~'p ~~~537 ~ ~ ; z6 ~ . _ . _ . _ _ _ _ - - k - ~ ~ ~ 5 ~ . 3 ~ y £ -F-'~ ~ R -~d ~..`^.~~-~..~.v ..l"`_%- ci a _ . _ . . . _ ~ a._.~~c