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To pt~c~ •nd con~~nuoualy keep on ~M bui!d~nps now a M~ea1tN Wtu~~~ on ~~~d land a+d on ai; cq„ipnem and perwnally cova~d by ~hi~ ma p~. w~~h all prem~ums ~hereon pa,d in lull, f~n ~~sur~nc• in th~ utwl tu~dard policy 1orm, in ~ tum ap~o~ed by ~h~ MORitaAGEE. and wiodsto iniu~u+t~ In th~ u~wl ~~andard. pol,cy lam, in a sum ap{xovd by 1M 1NORTC+/1GEE. i~ t~?ch compa~y a tompan~e~ as ~he MORTGAGEE m P~ m w:. ir d~rK1J and all (ire and wind~Wrm ~nf~~ane~ iit~ef On • o~ tWO oui~u'~~ i.-~' :aiv~o.: :w:o:.-, ar =i."~-es i4t:r:a~ in ~~ece~s lhereof, ~MII con/sin tM uswl st~nd~rd mor~gpe~ c4uu a tuch o1ht~ d+us~ N IM Matpage~ may rpu~r~, maAir+p the loss unJa fa~d pu c~es, each and every, payabte ro tia~d MORTGAGEE ~s ib imerest m~y app~ar, ana each and every such poi~cy sMll b~ prompt~Y +u 9~ed and delive~ed ~ any hefd by ss~d MORIGAGEE as (u?rher security to aaid nwr~ya~ deb~, and, no~ leu ~han te~ p0) dayi in advaoce of ~he expuar~on of each polccy, to d~ livs~ to said MORTGAGEE a re~wal thereof, toyether with ~ reteipl fa the prtmium oi svch renewal; and Ihere shall be no 1~re or wind~tor~n insur~nt placed on ~ny of ssid buildi~+gs, ~ny interest therain o~ part thereoi, u~less in the (orm and wi~h Ihe los~ payable as atwesaid; and in the event anY iun of money beco~nes payable unds~ iuch policy or policies said AAORTGAGEE shall have ths opt~on to receive a~x1 app~y the s+me on accounl of the indebted ness sKUted he~eby w 1o permit saW MORiGAGORS to ~etetve ~nd ute it p any par/ thereol for otncr purposcs, w~~hout th~~eo/ wa~v~n~ or unpair ing any equify, lien w rght undd w by virtus of this mo:!page; and in 1M ever+t iaid MORTGAGORS shall fa a~y reason fail 1o keep 1he s~id premises io insu~ed, or fail ro deliver promptly ~ny of wid pol~cies of insura~ce lo said MORTGAGEE, w iail promptly to pay fully any prenuum therefor w in any resped fail ro per(wm, dixharge, execute, e(fect, complete, cornply with ~nd ~bide by lhis covr+ant, a any part hereof, said MORTGAGEE may place and pay fot such insurante o~ ~nY part thereof wi~hout waivinp w affectirg any option, lien, equity, or right unda or by virtue of Ihis Mortgage, and tht full amo~nt oi each and every such psyment shall be immediatety due and payable and shall bear intere~t from ~he date thereof until paid a~ ths ~ate ol nine per centum per annum and to~ether with suth interest shall be secured by the lien of this mortgsge. 1. To pcrmit, commit a suf(er no waste, impairment w deterioration of iaid property o~ any part thereof. S. To pay all and singulu the costs, charges snd expenseb including a reasonable atto~ney's fee and costs oF abstracts of title, incurred w psid at any time by said MORiGAGFE, because w in the event of th~ failure on the parf of the said MORTGAGOR to duly, p~omptly and fully per(orm, dixharge, exxute, eifcd, complete, canply w~th and ab:de by each u?d every tl+e stipulations, agreements, cor+ditions, and covenants oi said promissory note and this • mortgage any w ei~Fxr, and sa~d costs, charges and expenses, exh and every, sMll be immediately due and payable; whethe~ w not there be no~~ce de mand, attempt to mllecl or suit pend~ng; and the full artwunt oi e~ch and e~ery such payment shall bear interesf from the date thereot until paid at the r.,te oi nine per centum per annum; anc3 all said costs, charges and expenses incurred w paid, together w~th such interest, shall be setured by the lien of thii mortgage. 6. That_ (s) in the eveni of any breach of this Mortgage or defa~lt on the part of the MORTGAGOR, w(b) in the event any of wid sums of money herein referred to be not promptly and fully paid within thirty (3p) days nex~ after the same seve.atly betome due and payable, without demand w ~otice, or (c) in thr event each and every the s~iputatio~s, agreements, cond~tions and covenanta ot sa~d promiuory ~ote and th~s mortgage any w eitF+er are nol iuly, promptly and fully performed, d~schargrd, executed, effected, compteted, complied with and abided yy, then in eithei w any such event the said ag g~egate sum mentaned in sa"id promissory note then remaining unpaid, with imeresl accrued, and all moneys secured hereby, shall becoms dve and pay- able forthwith, or thereafter, at the option of said MORTGAGEE, as fully and completely as if atl of the said sums of money were orign+a~~y stipulated ~o be paid or? such day, a~ything in sald prom~sswy note or in Ihis Mwtgage to ~he contrary notwiths~anding; and thereupon w thereafter at the optidn of said MORTCaAGEE, without notice o~ demand, suit at law or in equiry, therefae or tF?ereafter begun, may be prosecuted as if all moneys secured hereby nad maWred pnor to its institution. That in the event that at tFre beginnirg of or at any time pending any suit upon this Mortgage, o? to fweclose it, or to reform it, or fo enforce payment of any cladms hereunder, said MORTGAGEE shall apply to the Gou?t hsving jurisdiction thereof ior the appolntment of a Receiver, such Cou~t shall forthwith appoint a receive? of said mortgaged property all and singular, includ~ng al~ and singular the income, p~ofits, issues and revenues irom whatever source derived, each and every o( whKh, it being expressly vrderstood, is Fxreby mor?gaged as if speufically xt torth and described in the g?antiog and habendum 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 s~ch appointment sha~l be made by such Court as an admitted eQuiy ~nd a mattcv of absolute righl ro said MORiGAGEE, and without ~efererxe to the adequacy w inadequacy of the value of the property mortgaged w to the soivency or insol.ency of said MORiGAGOR a the defendants, and that such renrs, profits, income, issues and revenues shall be applied by such Receiver accord~ng to the lien or equity of said MORTGAGEE and the practice of such ~ Court. ~ 8_ To duly, pramptty and fully perform, discharge, execute, efied, complete, comply with and abide by each and every the stipulations, ~greements, conditans and covenants in sa~d promissory note and this mortgage set fwth. 9_ That in the event the ownership of the mortgaged prcmises, w any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its succeuws and assigns, may, without notice to 1he MORTGAOR, deal w~th such successor w successor in interest with refaence to this mortgage and the debt hereby secured in the same mannet as with Nbrtgagw without in any way vitiating or dixharging the Mortgagors' liability herr ~ under ot upon the debt' hereby secured. No sale of the Fremises hereby mortgaged and no forbearante on the part of the MORiGAGEE w its succeuws or assigns and no extension ot the time fw tAe payme~t of the dcbt hereby secured given by fhe MORiGAGEE or iis ~utceasws w auigna, s~w11 operate to release, dixharge, modify change or affect the original" liability of the MORTGAGOR herein, eifher in whole w in part. 10. It is spec~fically agreed that time is of the essence of this contract and that no waiver of any obligation hereundrr w of the obligaf'an 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 prinfpal and interest required by the prom~swry nore secured hereby, mortgagor covenanfs and agrees to pay to mo-tgagee with each monthly payrnen~ an addirionai sum estimated by mortgagee to be equal to 1/ 12 of the annual cost of ihe follow- ~ng: A-Alt real property taxes levied w assessed agai~st the above described real estate_ B-Premiums on fi~e and windstorm insurance as herein requ~red to be carried on tAe lmproveme~ts s~tvate on tne anove aescnoea premises. C-Premiums on such mwfgage guaranty insurar~te as mortgagee shall from time to time deem fit to carry on the loan setured hereby. ~ ~I Mortgagee shail from time to time notify mortgagw in writing of the amount due and payable hereunder and such 'sum shall thereupon be due and E Fayable on the due date of the next monthiy payment and exh successive month thereafter urtii mortgagee shall notify mortgagw of a change in such ~ a~*,ount. Such sums shall be applied by mortgagee toward the paymcnt of real property taxes, insurance prem:ums, and mortgage guaranty insurance ~ ~ premiums. IN WITNE55 Y~HEREOF the said ORTGAGO has hereunto set his hand and seal the day and year first esaid. , ' ned, Sealed and eliv ed i t presence o: . aq . . OlII Ori ~a~ al) uc i e ompson STATE OF FLORIOA ~ St . Lucie ~ COUNTY OF • Before me persorwfly appeared O. C. Thompson a~ Lucille Thompson h~s W~fa to me well k~own and known to me to be rhe individuals described in and who executed the foregarg instrument, and acknowledped before me that they executed the same for the purposes ; ~ therein e:pressed. And the sa~d Lueille Thompson _ ; ~ wife of the said ~ C. Thompson ~pon a xparste and priv+te f examinaYwn by me taken separate and apart from her said husband, adcnowledged to end befwe me that she executed said instrument freely and volurr ! rarily and without any compulsan, constraint, apprehension, fear of a from her said husband. WITNE55 my hand and oificial seal thi: day of A 11 =a 19 72 ~ \ ~ - ~ ~ - a ~ ~ : ' • ~ 'r. - ~ ~ Notary Public in and for the State o{ ~1w~'~f1'U~p~ C~• C~ miuio~ ex es: : ~ 'y~ Y Reevm To: ~(~i /~~~~1 7~ ' `.~;~C3 . ~ ~ First Federal Savings 6 loan Associat;on J': • Of Fort P~erce. s ~ ' ~ ~ : ~ ; • • Fort Pierce, Florida = ' ~ • s~ _ i,5'i a`~ ti~ - ~ ~~~uiciE couN~Y ~~~i. ~ ' • . ROCER PO?TRAf ~ • ~ ; ;~;~~i~`J, ~ This Instrument Prepared By Richard K. Kaye~LERK CIitCU1T COURt First Federal Savings ~ Loan Aswciation IlE~0~0 VE~?~~~ED of Fort Pierce , Florida ~ r1 12 ~~M f~~ Checked By ~3~ ' ( ~~c~ ~ t . d ? ' r'w,~.^`. , - - - - . : r - - ~ 1 ~ ~.c'',i;x y, . ~ :