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To place a~d tontinuo~sly keep o~ the bwid~nqs now or he~eafter 11~Ld1b :n ~a~d Iend a~d on aR equipm~M and personally coveied by this ma age, with all prem~um~ Mereo~ pa~d m f~U, i~re ins.,rar,ce in thc ~wat uo~~dard pu:~cy fo~m, in a sum aHproved by 1he MORitiAGEE, and windsto inswance in tM usual uanda.d pol:cy form, in a s~m appioved by the MORTGAGEE, in such company or companies as the h10RiGAGEE m d'uect; and aU f~ro a~d w~ndsrorm inw~ance poi~urs o~ any of sa~d b~,1;J.ngs, any imerest therein or part thereof, in the aggrega~e aum afoeesa~d in excess thereof, sfiall :ontain the u3~a1 standa~d mortgagee dause or s~ch o~hu cla~se as fhe Moregaqee may ~equae, making the loss undrr sa~d po c;es, each and every, payab!e to said ~1pRTGAGEE as ~ts ~nter~st may appear, and each and every suth po~icy shaU be p~omptly ass gned a~d da~ivered ~ •ny held by said MORiG?~GEE as funher srcwity to said ~uor~gage deot. and, r.ot less than ~en (10) days in ad~ance o( the ~xpirat~on of each pol~cy, to d~ Ifver ro sa~d MORTGAGEE a rene.vat thereof, ~oge~her w~th a rece~p~ fo~ ~hc premium of svch rene~.a1; and there ahall be rw t;re or winditOr~n int~ranc placed on any of said build~ngs, any i~verest therem o~ parl thrreof, unirsi ~n ~he fcnn and with ~he loss ~ayab!e as aforesaid; and in the event any sun of money becomes payabt~ unde~ such poGcy or pol~cies said MORTGAGEE sh,ll have +he opr;un to ~etc;ve a„d apply the same on account oI the indabTed neis sCC~rHJ he~eby w to pe~mit aaid MORTGAGORS to retrive and use it w eny part th•~:~~of fo~ o:nrr pur~•oses. v.~tiio.:f th~..ur lva~~~n3 cr m~pair ing any equ~ty, Gen w ~~ght under w by virwe of this rt~crtyage; and ~n ~hc event sa;d MOBTGAGORS shall {or any reason fait to keep rhe said p~em;ses so insured, or fail to del+ve~ pranprly any of said poi~ues of insur;~~~@ to sa d MORTGAGEE, or fai! promptly Io pay fu11y any premi~m therefo~ w in a~y reapect fail to perlorm, d~scharge, eaccwe, efEect, canpleia; comply ve•ith and a5tde by ~h~s cove~an~, w any pa~t hareof, sa~d MOR7GAGEE may p~sce a~d ~ pay fw such insur.,nce or any part thereol w~thout walving w affecring any opuon, lien, equ;ty, or r~gh~ under w by v~rtue of fhis Moregage, and the full amouM of ~ath and e.ery such payment shall Ix ~nuned~ately due and payable and shall bear interest from Iha date thereof until pa~d at the rate ol - n~ne per centum per annum and to~eiha~ .~~th such intrrest shau t~e src~red by the tien of this mortgage. I. To permil, commif or suffer no waste, impaument or deterioration of sa~d prope~ty or any par! thereof. ~ S. To pay att and sing~tar the costs, charges and expe~ses, +ncfud~ng a reasansble a>torney's fee and costs of abstracts of title, incurred or paid at ~ any ti~ne by said MORTGAGfE, because or in the event of the failur~ on ~he par~ oi ?he said MORTGAGOR to duty, pranptly a~d fully perfwm, discharge, ~ eaecute, ef(ect, canplete, comply w~~h a~d ab:de by each and every the s~~putat,ons, agreements, cond~hons, and covenanrs o~ said p~o~n~ssory note and ~h~i margage any o~ e;ther, and sa:d costs, charges and eapenses, each and every, shall ba immed~ately due and payable; wherher w not there be norice dr ~ ma~d, attempt to collect ot suit pend~n9; and the full a~nount of each and e~ery such paymero shall bea. interest Srom the date thereoi umit paid at fhe ~ rate o+ nine per crntum pcr annu:n; and all sa7d cosrs, cha~ges and capenses ~rxurred w paid, together w~th such imerest, shall be secured by the Gen of this ~ mortgage. } 6. That (a) i~ the event of any breach of Ihis Mw+gage or defaull on Ihe parf of the hIORTGAGOR, or ;b) in the event any o( sa d sums of money ~ he~ein referred to be not prornpHy and fully paid w~rhir, rh.rry (3J? d.~ys nrxr etre~ the same severa:ly become d~e and payable, wi~hout demand or notice, } or (c) in the event each and every the stipu,ations, agreements, cund~t~ons and covenania of sa.d promissory note and th~a mortgage any or either are not r ~uly, promptly and fully performed, d,scha~ged, executed, effected, completed, compl~ed w~~h and abided 5y, then in either or any such evenl fhe said ag- f gregate sum r.~entioned in said prom]isory note then ~emaining unpa~d, with ~roerest accrued, and all moneys secured he~eby, shall become due and pay abie forthwith, or thereafter, at the oprion of sa~d MORTGAGEE, as f~;ly and comp:etely as if a~l of the said svms of money were or,ginally shpulated to be pa~d on such d~y, anything in sa:d prom~sso~y nore or ;n rhis Morrga~e to the connary norwithstand~ng; and thereupon or thrreatrer a~ the op~ion of ' said MORTGAGEE, without not,ce o. demand, suit at law or in equ~ty, thc~efore or thereai~er begun, may be prosecuted as if all moneys secured hereby had matured pnor to its institunon. 7. That in the event ~haf at the beginn~rg of or at any time pend;ng any w~t upon ?h;s Mo~tgage, or to foreclose if, or to reform it, or ro enforce payment of any daimx he~e~nder, said MORTGAGEE shall a;;Qty to the Co~:t having ~ur~sd~ction thereof (or the appo~ntment of a Recerver, wth Court shall forthwith appoint a receiver of said rrsortgaged property all and singular, inci~d ng aiI and singu~ar the income, p~ofits, issues and ~evenues from whatever wwce derived, each and every of wh.ch, it be,ng expressty underseeod, is h.e:eby morrgaged as if spec:ficalty set forth and described in the granting and habendum dauses hereof, and wcfi Receiver shal! have aIl the broad and eifec~~ve f~~u.ons an~ powers in anywne emrusted by a Courl to a Receiver, and such appointment shalt be made by wch Court as an ad~~iirted equit~ and a n~aver of absoiute r;ght to sa;d MORTGAGEE, and wirhout reference to the adequacy or inadequacy ot the value of the property rrto~igaged or to thr so.vency or ~nsoh-ency o( said MORiGAGOR or the delendants, and that such rents, profits, incarn, issves and revenues shal: ba appi~zd by such Receivrr ac;ordu~g to the tien or eqvity of said MQRTGAGfE and the practice of such Coun. • 8. To duty, prompt!y and iully perform, d~scharge, execute, effect, co~rptrte, comp~y M;~th and abide by eath and every the stiputations, agreemenfs, condit~ons and covenaros m sa~d promissory nete and th;s mortgage set forth. 9. That in the evenf the ownership of the morrgaged pren,~ses, or any part thcreo/, becomes vested in a person other than the MORTGAGOR, tbe! ~ MOQTGAGEE, its wccessors and ass~gns, may, without noTice to the MORTGAOR, dea! w~th such successor or successor in i~terest wi~h reference to this mortgage and the debt hereby sec~red in the same manr,er as with Mortyagor without in any way vit;ating or d:scharging the Mo~tgagora' Iiability here- t under or upon the debt hereby sc.ured. No sa'.e of the F•remises ha~eby mo.tgaycd a~d no forbaaran~e on the part of the IJVORiGAGEE or its sutcessors w assigns and no extension ot tAe t~me for the payment of tne debt h~rc6y secured given by the fdORTGAGEE or its successors Qr ass;gns, a~~all operate i ro re!ease, d~scharge, modify ~hange or affect the orig~nal tfau[{rty of the M.ORiGAGOR herein, either in whole or in part. I0. tt is :peufically agreed that time is of rhe essence of ~h~s conrracr and rhat no wa+ver of any ob~~gat;on hereunder or of the obligation sr 4 cured hereby shall at any time thereaiter be hefd to be a waiver of the terms hereof o? of the instrvmeM secured herby. ~ 11. In add,tio~ to the forego'+~g rnonth!y payrn=nts of princ pal and intc~est requ~red by the prom:ssory nae sew~ed hzrzby, mortgagor eovenants and ag~ees ro pay to mc~egagee xith each r.~or.rh y Nay~.:ent an add~~~onaf sum esr.^ ared by morrgagee ro be equai ro 1 12 ot the annual cost of the folbw- ing: ' A-All rea~ property taxrs levfe~ or assess_d ag3~•,s+ thc abo~e desaibed real estaae. B-Premlums on fire and windsto-~n ]nswa~ce as nere~n rcq~~red to be carried on the :mproveme~!s s~tuate on the abovc dex~ibed premises. C-Pre+n;ums on wch mortgage guaranry ir.wrar.ce as mongagee shatl iroT t me to t~me deem fit to carry on the loan secu~ed hereby. Mortgagee sha'I f,em rime to ti.~,e not;fy mortyag~r in v.rit;ng of the amouM due and payable hereundar and such surn ahall thereupon be due and payable o~ the due date of the ~~ext neontn:y payme:~t and each succeasive mo~th thereafter ur,tii mortgagee shall norfy rrwrtgagor of a change in such amount. Such sums sFa:l b¢ app:ied by mortgagre tov+ara the payment of reat property tazes, insura~xe prern:ums, and mortgage a~anty insurance ~ premiums. , IN WITNESS NNEREOF, the said MORTGAGpR hai hereunlo set his har,d arw~! sea~ the day and year first fo said. ~SfJi ed, Sealed and deSivered in the presence of: ; . . al) ~ Alfred . Test . ~a~~ , ~ (Seaq Gwendolyn est ~~ai~ STAT F FtORIDA ~ COUNTY OF - ~t I,LCle ~ 1 Before me persona~ly appea~ed Alf Ze~_L, Te 5 L a~ Gwendoiyn Test ~ his wife, to me wett knpws.,;e~ ~cnpyro ~p rtM to be ~ 1he ~ndrv~duals described in snd who executed the foregang instrument, and acknowledged before me that they e:ecutY~• .siqp:.{Qq ihj purposes therein expressed. And the sa~d_ Gwendolyn Te st :;.z~ ' W~re of rr~ sa~d _ A1f7~E'd L. Test ,r - , ~.a t~a.{tQ arid private exam~nation by me taken xpa~ate and apart from her said husband, acknowledged to and fxfore me that she executed ~~`t~~i y~11eRt~(rq~iy:~nd wlun- u~ily and without any compulsion, consrraint, appr en ~ n. or fear of or from her said husband. _;~j ~ ~ _ WITNESS my hand and offitial seal this- day of ~r' ~ 19 72 . ~ ~ fF 1 Notary Public in and fw the ~lih-(~ Fiwr• S cae My Comm~ssion eapires: ' - Rew.n To: ' NOTARY PIIBUC, STATE of FLOP.tDA at LARGE Fint Fecieral Savings S loan Assouat~on '.;'J ::!SSIOrJ EXPi4ES SEPT. 25, 1975 Of Fort P E~ce. twnaed tly /iriencan Bankers Insuranc6 ~o. ~ fort Pierce. FtorSda • f O ~MO RE ~t~C1E COl1~~~ tIOCfR P01 A~~ ~ ltERK CInCU1T CpI1RT ~c{~ This Instrument Prepared By John i.~. Col lins RfCORa YERIFiEO..~,~.j¦. First Federal Sav+ngs ~ loan Assoc;ation of Fort Pierce , Flozida f, ~~~lj Checked By ,~jC~~ IGrlbrp 800K~~JV P~~~ . ~ - - ~ ~ ~ ~:i s ~ ~ ~ z~~~~ ~ ~ ~ . - " F: . , ~...1 _ . .