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To piace and conrfnuously keep on ~he bu~'d~ngs now or hereafter ~~tuate on sald land and on ali eq~ipment and personalty co~~erad by th~t ma t age, with all prem~ums thereoe pa~d ~n full, f~re insurance io the usual ararw~ierd pol~cy form, in a wm approved by the MORiGAGEE, and winds~o ~nwrance in the usual standa.d pol;cy for.n, in a sum approved by the MORIGAGEE, in wch company er compan~es as Me h10RTGAGEE m d~rect; and all (ire and w~nJatorm in~vrance po~~das on any oi sa~d lw~~d~ngs, any iMerest therein or part the~eof, in the aggregate sum aforesa~d in excess Ihereof, shall co~tai~ the usual s~ardard moregagee c(ause or such ofher clause as the Morrgagee may reqv.re, ma?ing the loss under sa~d po c~e~, each and every, peyable to sa~d A~ORTGAGEE as ~~s imerest may appear, and each and every wth poGCy shall be promptly ass gned and det~ve~ed ~ any held by said MORTGAGEE as fu.ther s:curity to said mortgege debt, and, not less than te~ (10) deys in advance of rhe ezpira~~on of each pol~cy, to d. ilver to said MORiGAGEE a renewal thmeof, together with a rece~pt for the premium of such re~ewai; and there shall be no i~re or wu~dsrorm insuranc pleced on any of said b~itdmgs, any interest therein a part ~hereoF, uniess in the (orm and with the loss payable as aforesaid; a~d in Ihe eveM any sun , of monQy bccpmei payab~e under such poliq o~ poLcies said MORiGAGEE ahall have ~he opr~on to receive and apply the same on accounl of ihe indabtad ness secured hereby or ro permii sa:d MORTGAGORS ro receive and use it or any parl the:eof tor o:hcr purpOiei, ~•.ithOUt ~h-rcor ,v~i~i:,~ o. ~~np:,~~ ~ng any equ~ty, lien or r~ght under or by virtue of this mo:rgage; and in ~he even~ sa:d MORTGAGORS shalt tor any reason fa~l to k~ep the sa~d prem~srs so :nsu~ed, or fail to dtliver p~omptly any of said policies of insurante to said MOR~GAGEE, or f~ol promptly to pay Fully any pren:ium therelor or in a~y ~ ~espect fail to pe.form, d~scharge, execute, efiect, complete, comply wiih and abide by ~his covenam, or any par~ hareof, sa~d Mi7R1GAGEE may ptace a• o ; pay fo~ such inaurance or any part thereof w~~hout waiving a afFecting any option, ~ien, equ~fy, or righ~ unde. o? by vir~ue of th~s Mo~~gage, and the t~ll amount of each and e.ery suth payment shall be immediatety due a~d payable and shall bear interest irom the date ~hercof un~~! pa~d ai the rate of _ ~,~ne par centum per annum a~xl to~riher wifh such interesr shali be secured by the lien of this mo~tgage. 1. To permit, commit w sufier no waste, impairment or deterioration oi said property q any part thereof. 5. To pay all and singular the costs, charges and expe~ses, includ~~+g a reasonable attorney'a fee and costs of ab~tracts of title, incurred or paid at eny time by said MORTGAG'.E, because w in the evem of the ta~lure on the part of the said MORTGAGOR to duly, p~omptly and fully ~eriorm, d~scha~ge. ~xecute, effect, complets, comply w~th and ab;de by each and every the stiputat~ons, agreen,ents, conditions, and covenanrs of sa~d promissory note and this norrgage any or ei~Fxr, and sald cosrs. charges and expenses, each and eve?y, shall be immediatety due and payab;e; whether w not ther~ be noTice d~ mand, attempt to cotlect or suit pend~ng; and the full amount af each and every such paymem shall bra. ineeresr from Ihe date ~hereof uroil paid at ~he !e oi nine pe~ centum per a~e~w:n; and all said costs, charges and ex~nses incurred or paid, together w~th such interest, ihall be secured by the lien o( thi~ mo~tgage. 6. Thst (a) in the event of any breach of this Mo~tgage or dafault on t}+e part of the MORTGAGOR, or (b) in the event any of sa:d sums of money he~ein referred to be not promp!!y and fully pa~d within th~rty (30) days next afrer the same se+era?!y become d~e and payable, without demand or not~ce, er ~c) in ~he event each and every ~he stipulatio~s, agreements, cond~tions and covena~ts of sa.d promissory note and th~s morrgage any o~ either are not ivly, promptly and fully performed, d:scha~ged, ezecured. effected, canpleted, compl~ed with and ab~ded 5y, then in e~ther ot any such event the said ag~ 3~egate sum meneioned in said p~om~ssory note then remaining unpaid, with interest accrued, and atl moneys secured hereby, shall become due and pay- ao e forthwith, or thereafter, at the option of said MORTGAGEE, as fulty and compfetely as if aU oi the sa~d sums of money were ong~na~ly srlpulated to be pa:d a~ such day, ar.yihing in sa:d promissory note or in this Mwtgage to the contrary notwirhstanding; and thereupon or therea(ter at the op~~on of s~:d MORTGAGEE, without notice or demand, auit at law or in equity, therefore or thereairer begun, may be prosec~ted as if all moneys secured hereby n,d matured pnor to rts institution. 7. That in the event that at the beginning of or at any time pending any suit upon this Mo~tgage, or to fweclose if, or to reform it, or fo enforce payment of any claims hereunder, said MORTGAGEE shall apply to the Court having ~u~~sd~ction thereof for the appo~ntment of a Receiver, such Court shali rcrrhwifh appo~nt a receiver of said mortgaged property all and s:n9ular, includ~ng all and singular ~he income, prof~ts, issues and revenues from whatever s:~+ce derived, each and every of wh;ch, it be:ng expressly understood, is F.e:eby mortgaged as if spec~fically set forth and descr~bed in the granting and hebendum clavus hereof, and such Receiver shall have all the broad and effective funct.ons and powers in anywise e~trusted by a Cou~t to a Receiver, and ch appointmeN shall be made by such Court as an admirted equity and a matter o( absolute right to said MORTGAGEE, and without reference to the adequacy a inadequacy of the va(ue of the property mortgaged or to the so~vency or i~so~vency of said MOR(GAGOR or the defendants, and that such _~^is, profits, incane, +ssues and revenues shall be applied 6y such Receive~ accord~ng to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To duly, promptly and fully perform, discharge, execute, eifect, comptete, comply with and abide by each and every the stipu!ations, agreements, conditions and tovenants in sa~d promissory note and this mortgage set forth. 9. That in 1he event the ownership of the mortgaged prcmises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the ~ ;'~RTGAGEE, its successo+s and assigns, may, without notice to ~he A~ORTGAOR, deal with such successor or successor in interest with referz~ce to this rrortgage and fhe debf hereby secured in the same manner as wiih Nbrtgagor w~thout in a~y way vitiating or d~uharging the Mortgagors' liability herr ~~der or upon the debt hereby secured. No sale of the prem~ses hereby mortgaged and no forbearance on the part of the MORTGAGEE or its successors or assigns and no ezrension of rhe time fw the payment of the debt hereby sec~red given by the MORTGAGEE or its successors or ass~9ns, a~~all operate ro~elease, d~scharge, modify change or affect the original liab:lrty of the M.ORTGAGOR here~n, either in whole or in pan. ~ 10. It is spec~fically agreed that time is of the esstnce of this contract and that ~o waiver of any obligat~on hereunder or of the obligation se- r.ured hereby sha11 at any time thereafter be heid to be a waiver of the terms hereof a~ of the instrument sewred herby. ~ j 11. In a3dnion to the fwego'ng month!y payments of princ'paf and interest requ~red by the prom~ssory note secured hereby, mortgagor tovenants ~ ~~.d agrees to pay ro mortgagee with each monthly pa~rnent ar. add<<ional sum est~mated by mortgagee to be eq~al to 1; 12 of the annual cost of the foflow- ~ ,3' ~ A-A!I real prope~ty taxrs le.~ed or assessed agai~st the above descr;5ed real estate. ~ S-Prem~ums on fire and windstorrrz insu~ar.ce as here~n rrqu;red to be carried on the lmp~ovements situate on the above d:scribed premises. r C-Premivms on such mortgage guaranty insurar~ce as mortgagee sha{I from rime to time deem fit to carry on the loan secured hereby. i blortgagae shail from time to time not~fy mortgagor in writ~ng of the amo:,~t due and payable hereundrr and such sum shall thereupo~ be due and ~ ;~,ab!e on the dve date of ~he next month!y payment and each successive momh thereaft~r ureil mortgagee shall notiiy mortgagor of a change in such ~ $ , oum. Such su~ns sFall be applied by mo!tgagee toward the payment of real property ta,ces, insurance prem;ums, and mortgage guaranty insurance $ r.~err.iums. ~ IN WITNESS :1IHEREOF, the said MORTGAGOR has hereunto set his har,d and seal the day and year first aforesaid. { gned, Sealed and d'vered in Ihe presertce of: ~ Sean ~ ~ . mes . oore cs~ao = ' ~ _ / i Ll ~ f - ~Sea4 ~ ara . oore cs~ai~ ? 5':.TE OF FLORIDA 1 CJUNTY OF St. Lucie ~ ~ James M Moore Before me personally appeared • and ~ Sarah J• ~007@ his wife, to me well known~~~own to me to be a rhe ind~viduals described in and who executed the fwegang instrument, and acknowledged before me that they execufOd; tM purposes ! % Sarah J rioore ' ~ . rhereio expressed. And the said + - _ +..?e of the :aid .JdIDQS ~1~ MOOYe ' a i~ate _ ` ` ~ updii s~P+t~~ snd pr' cyaminat~on by rr.e taken separate and apart from her said husband, acknowledged to and before me that she exetuted saiA iiuttument 4~lFy. and volun- 'z~~~y and without any compulsion, constraint, appreher.seon, w fear of or from her said husband. WITNESS my hand and official seal this 28th dsy of February - p: 1972 ; ~ . ~ . 3 ~ Notary Public in and for thO,Stat~ E~(Orld~.N large ~ My Commission expires: ' = . . ~ ~ ~ Rcrurn To: ' (l~ARY~UBj1~: $YATf of FIORIDAat LARGE = Fint Federol Sav~n9s 3 loan Assoc7ation MY CO~IMtSSION EXPIRES SEPT. 25, 1975 of Fort v:e~ce. Bonded Bp American Banken Insuranee Co, fort Vierce. Florida ~ FjLED AND RECOADEO 5~. ~uC~E COU~TY fu- c - IIOCE RCWT COWtt ~ ~ CIERK C This Instrument Prepared ByRiChdzd K. Kayes RECORD YEa1FIE0~ First Federal Savings 8~ loan Association 1 ' of Fort Pierca FlOr~da ~ Zy 2 as PH 1Z Checked By `~'j~~ ` ;~;s 0 R ~ - 60ox2;~ PAGE~~KJV . , ~ ~4 . . ~ . _i - s ~ . . . . _ . _ ~ - ` ~ ~ z ~ ~ ~ ~ ~rs.x~'...,.: ~ s _ . . r . . , 3