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To plac~ and coroi~uouily ?sp o~ ~h~ bu~!d~~?pt now a M~f~~fM N1WN O~I f~~ 1~~ ~nd pn ~II lquiptnff~l p~rypn~lly COVl~ld by thif nWf ~p~, wtth ~II pr~miums ~hereon pa~d fu14 (u~ insur~nc~ ~n ~h~ uiwt s~and~rd potKr fwrn. in a wm appror~d b~ the MORTGAGEE. and wind~~o insw~nc~ tn rh~ wwl ~~~nclud p~l,cy (am, in ~ sum approved by ~M MORTGI?GEE, in such canpany w canpan~„, as ~M MORTGAGEE m d~r~c~t and all fk~ and w:ntba.in inw?ant~ polki~n on ~ny of Nid bui~dinps, ~ny iM~r~it tht~ein a par~ tf~t~to(, in tM p~re9~?~ wn+ ~fatwid le ucus~ ~hereof, sMll con?ain tM utwl sea.xJa,d ma~paqM clavs~ a~uth oth~r' dw~s ~s IM Ma~pa~N may ~eq~~n. mNinp ~M Ioss und~. sa~d po cih. eacb aod ~vKy, payab~~ b u~d A1pRTGAGEE a~ ifi iroNe~l may ~pp~ar, and each a~d ~very suth poliq ~MII b~ promp~ly au y~cd and dtlivt~ed i ~ny h~ld by sa~d N10R(GAGEE as turthx seturity lo faid mor~paye dtbf, and nOf ~tfi fhan tM (10) day~ in adv~ncs ol th~ expiraNon of each polKy, ro d~ 1ivK ro said MORTGAGEE a rencwal Ihe~eof, toptlher with a receipl fb~ tl?t pr*miwn of suth renewal; and lhere sMll pe r?o f'ue w windstam insut~nt plKed on ~~y of said build3nps. ~ny interest fherein or pa~t tFwepF, unleu in t!N form ~nd with tM tou payabie u ~fa~said: snd in th~ ev~nt any iun of monsy becomy payabie unda such policy or poticiss said MpRTGAGEE shall Mw the oprion ro receive and apply the same o~ account o( tM ir?deb~ed neu secu~ed F~eby a b permit said MORTGAGORS to reteiv~ and use it q any part the~eof for othcr porpases. w~~ho~t th:.rb~ wai~i~~g or ~mpair- in9 anY puiry, lien w right unde~ a by virtus of this mo::~aqe; u~d in ~he ~vent said MORTGAGORS shall !a any rsason fail to keep the said pr~mises w insured, p fail b dtliver prompNy sny of said policiei of ir?wrsnc~ lo said MORTGAGEE, w fail promptly to pay fulty any p~emium therefo~ p in any respacf fail b per(wm, dixkarge, execute, effad, tamplNe, comply with and ~bide by this cove~+an~, a any part hereof, said MORTGAGFf may place a~+d pay for such Fnsurancs w iny pa» t}~ereof withoul waivinp a affectin? ~ny option, Iien, equ;ty, or r~gh~ ~~der w by virtw ot thii Nb.~ga9e, and the full amoum of each ud every s~rch psyment shall be immtdiately dw and p+yaWe and shall bear interest from fhe date thcreof vntil paid at the rat~ oi nfne per ce~tum per ann~m and to~ether wirh such interest shall be sec~red by tia li~n of this mortg~ge. 1. To permit, corrunit a suf(d no waste, impa'ument a deteriorstion of said property a ~ny pa?t thereof. ~ 5. To par sll and singulu ths costs, chsrges u~d expenses, including s reasonaWe attorney i fee and costs of abstracts of title, i~+curred o~ paid at any time by ssid MORTGAGEE, because w i~ the event of the failure on ths pa~t of the taid MORTGAGOR to duly, promptly and fulty perfwm, d~xharge, execute, effect, complete, comply w~rh and ab:de by each and every tAe stipulations, sgreements, caxlitiwu and mvenantt of said promissory note and thii mortgage any w either. and w~d coats, cha.ges and expenses. each snd every, shall be immeeliately dve and paysble; whether w not there be notice tk mand, attempt 1o colkct or suit pending; and the futl artauM of cach and every suth payment shall bea~ interest from tl+e date thereof uMil paid at the rate of nine per tentum per annum; a~d all said tosts, tharges and expenua i~cvrred or paid, together with such i~terest, shall be secured by the lien of this mortgage. 6. 7hat (a) in the event of any broach of this Mwtgspe p default on the part of the MORiGAGOR, w(b) in the event a~y of sa'+d svms of naney herein rsfer~ed to be not promptly and fully paid within thirty (30) days next aiter the same uverally become due and payable, without demand w notice, or (t) in the event each arn! every the stipu:ations, agreemeots, conditions and covenants of satd promiuory note and th~s mortgage any or either are not ' i~ly, promptty ard fully perfo~rned, d~xharged. executed, effetted completed, complied witb and abided Sy. then in either w any such eveM the said ag gregate wm mentioned in said promisswy note then remaining unpaid, with imerest acuued, and all mooeys secured hereby, shall become due and pay- able fathwith, w thereafter, at the option of said MORTGAGEE, as fvtly and campletely as if all oF the said sums oi rr+ooey were originally st~pulated to be paid on such day, anything in sa~d promiuory note or i~ this Mortgage ro the contrary notwithstanding; and ~hereupon w thereafter at the option of sa~d MORTGAGEE, withovt notice o? demand, suit at law or in equity, therefore or thereafter begun, may be p~osecuted u if all moneys secured hereby had maNred prior to iri emlitution. 7. TFist in tFa event that at the beginni~g of or at ~ny fime pe~ding any avit ~pon this Mortgsge, « to fweclose it, or to ~efwm it, or to enfwce payment of any claims hereunder, said MORTGAGEE shall apply to the CouA having jurisd~ction thereo} fw the appointrr~t of a Receiver, such Court shatl forthwith appoint a ~eceivtr of said morfgaged property a!1 and singula~, irxlud,ng all and singular the income, profits, iuues and revenues from whatever source derived, each and every of whKh, it beirg expressly understood, is hereby mortgaged as if speuficalty set forth and dewibed in the gcanting and - habend~m clauses hereof, and such Receiver shall have all the broad and effective funct~ons and powers in anywise entrusted by a Court to a Receiver, and sucb appointment shall be made by such Covrt as an admitted equity and s matter,of ~kw4ita righl.to iaid MORTGAGEE, and without ieference to the edeq~acy ot inadequaq of the value of the property mortgaged or to the wtvency or insolvency 'oF said MORT.GAGUR • or the defendants, and that such renu, profits, income, issues and revenues shal! be applied by such Receive~ accwding to tM 1'~n or .equity of said MORTGAGEE a~d the practice of such CouA. 8. To duly, prompNy and fully perform, dischsrge, execute, effecf, complete, compty with and ab~de •by each and ~very the stipulatiau, agreements, conditions and covenanrs in said promissory note and this mortgage set forth. 9. That in the event the ownenhip of the matgsged p~emises, or any part thereof, becomes veated in a person oth~r tlwn the MORTGAGOR, the MORTGAGEf, its succeuors a~ assigns, may, without notice to the MORTGAOR, deal with such successw o? successor in interest with reference to this mortgage and the debt F?ereby secured in tfx same manner as with Mortgagor without in any way vit;ating or dischargirg the Mortgagors' liability he~e- under or upon the debt hereby secured. No sale ot the Fremises F?ereby mortgaged and no forbearance on the pan of the MORTGAGEE w its successon ar assigns and rq extmsion of the time fw the payment of the debt hereby secured given by the MORTGAGEE or its successors or auigns, aiiail operate iv ie:ooi2, v:Si:.'s:yc, .T.:.:::i t~.a.ro8 ~~j... Sy:^..:~ !Et~cl:f~ ~t unoT~st_.rw M..t..; .~~F.e whole r :n or in oart. 10_ It is specufKally agreed that time is of the essence of this tontrotl and that no waiver of any obligation hereunder w of the obligstion sr cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In add~tio~ to the fwego:ng monthly payments of princ'pal and interest required by the promissory note secured hereby, morfgagor covenants and agrees to pay to mo:tgagee wirb each monthly payrnent an addi~ional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real propeny taxes levied or assessed against th~ above deuri4ed real estate. B-Premiums on fire and windstorm i~urance as herein requ~red to be carried on the improvemenfs situate o~ the above desuibed premises, C-P~emiums an suth mortgage 9uaranty insurar~ce as mortgagee shall from time to time deem fit to carry on the loan secured hereby. Nbrtgagee shalf from rime to time notify mortgagor in writing of the amount due and payable hereunder and such wm shall thereupon be due and Fayable on the due date of the next month!y payme~t and each svccessive month thereafter urtil mortgagee shafl ratify mortgagor of a change in such amount_ Such sums sF.aU be applied by mortgagee toward the payment of real p?operty taxes, insurarxe prem:ums, a~~d morfyage guaranty insurance premiums. . IN WITNESS WHEREOf, the said MORTGAGOR has hereunto set his hand a~d seat the day and year first aforesaid. 5~9ned. Sealed and 've?ed ' the presence of: .~j~~/s/{4+1~ Donald . Barzon 'n ~ aq ~1 Zzabeth Ba rron rc--n STATf OF FLORIDA ~ $t . L11C lE COUNTY Of ' e~ro.~ ~ persona(ly appeared Donald E. Barron and Elizabeth Barron his wifc, to me well know~ snd known to me to be the individuals described in and wFw executed the foregang instrument, and acknowledged before me that they executed the same fw the purposes thereio exa~,~d, ,a?,d r~ Elizabeth Barron wife of the ~~d Dona2d E. Barron a ~ examinatan by me taken separate and apart lram F~er said h~sband, scknowledged to and before me that slu executed said instnx~ ;~.ypp~ rarily aod without any compulsan, constraiM, appr ~',~on, pr feu of w from her said husbsr~ - j . WITNE55 my hand and official seai thi day of April ' 7 : _ a~'= No ry Public in end fw he ai~•~ Tlorid~ ~t• Lu¢ _ - My Cornmiuion eupires: ; ` d J : Retum Ta , P~ ~ ; Z•,;, ; First Federal Savings 3 Loan J Associarion jVuil+iiT i~u`:i~, 5i~:t~ i1fi FlQRll~ll At r'' Of Forf P(erce- MYC':'. ' ~~•'?~^-"'4AR '1 • ~x~L,i,:~ ` ti . ~ sr~~t~ Fort Pierce, Fioridn {~~~V+~ii/1~. ilti`rilifv+f'1~:E.UiYDERWE~IT~fi~~ ~,l,~„?~~~+~<<~t i ~ ' . 3, ~ S This Instrument Prepared ByRichard K. Kayes ~d~kplt~~~~~~ First Federal Savings 8~ Loan Association #{,~~y~lE C4 of Fort Pierce~ Rlorida CLEAK C RCU T~~ Checked By IIECORO VER~F1f0 ~ ~ ~ 13 PM'7Z 22`7045 ~~c~ ~ n~ 550~ ~ ~ , ~ ~i _ 6~~'~c~~'...X~ .F:~~ _ ' _ _ ~ p~ i _ ~7".~ *s~~~" .