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To plxs and contirwously keep on the bu~!dingi now •a I+~r~aitN ~itwt~ on iaid bnd and on ~II equipment ar.d personally cov~red by ~h~a mw eg~, w~~h ~II prsm~ums thereon pa~d i~ lull, fire i~surance in ~he utiual standard po1Ky fwm, in a sum app~ov~d by the MOR~GAGEf, and w+ndsto insur~nc~ in tM uswl tundard pot~ty (wm, i~ a sum app~ovsd by ~M MORTGAGEE, in wth tompany w tompanies as tM MORTGAGEE m d~rati ~nd all tir~ and w~~ds~orm insurance pofiues a? ~ny ot iaid bu~W~r?p~, ~~y inM~ql tl?erein or part thtreof, in IM a~qre9~te tum afaesaid in ~xcesi thereof, thall contain Ihe usual standard mortgage~ cl+use a such othtr diuw a~ tM Matya~es may reqwn, makinp tM 1ou under sa~d po c~es, esch ind every, p~yable to said MpRTGAGEE ai ~ti in~ereit may app~ar, a~d each aod eve?y svch policy ihall be promptly au 9ned and detivered ~ eny held by s~id MORTGAGEE a~ further security ~o said mor~9age deb~, and, not les~ tMn ten (IO) days in sdvance ot the expiri~io~ of each policy, to d~ tive~ to said MORTGAGEE a renewa~ ihereof, togethsr w;Ih a receipt fa the p?~mium oi suth renewal; and 1het~ shatl be no fire or windstor~n insuranc plsced on ~ny of said b~iidings, any intereit therein a pa~t thercof, unlesi in tFw form and with ~he lou p~yable ai aforeiaid; and in the eveot any iu~ of money becpnes payable ~nde~ such policy w policiea wid MOATGAGEf ahall have the oplion to receive end apply ths same on account of the i~xleb~ed ness secu~ed haaby a 1o permit uid MORTGAGOR$ ro receive sod ~se if w any part thereof ior other purposes, wiihoul th;~eu~ wai~in~ o~ nnpoir ing any equ~ty, lien or right ~nda or by virtus of this mo:tgage; ~nd in th~ eveM taid MORTGAGORS shall fw any reason fail to keep the said paemisas so insured, or fai! !o delive~ promplly :ny of said policies of insurante to said MORTGAGEE, w fail promptly fo pay fully any premium therefor p in any respett fail ro perform, discharge, execute, effecl, complete, canply wilh ~r+d abide by this cove~ant, a any pa~t hareof, said MORTGAGEE may plsce a~d pey fw such insurar?te o~ any part thereof without wa~`-:~+q or affectinp any option. (ien, equity, a.igh1 under or by virtue of this Mortgage, and tht full amount of each and eve~y sucA payment shall be immediately due and payabte and shall bes~ interest from tha date tlureof ~ntil pa~d at the ra~e of nine per centum per annum and to~ethe~ with such interttst shall be securcd by 1he lien of this mwtgage. 1. To permit, commit or suffer no waste, impaGment or dete~iontion of said properry or any parf thereof. 5. To pay alt and singula~ tha costs, tharges and expenses, including a reasonable sttaney i fee a~d costs of abstracts of title, incurred a pald st any time by said MORTGAGfE, becauu w in the eve~~ of the fai~ure o~ the part of the said MORTGAGOR to duly, pranptly snd fully perform, d~scharge, execute, effec~, comptete, comply with and eb;de by each and every ti+e stipulations, sgreements, conditions, and covenants of said promissory nofe and ~hii mongage any w either, and said cosn, tharges and expeoses, esch and every, th~ll be immediately due and payable; whether a not there be notice d~ n,and, attempt to collett or suit pending; and the fvll amount of each and ev~ry such payment shall bear interest from the date thereof until paid at tht rate of nine per centum per am~um; ar~d all said costs, charges and expenses inwrred w paid, together with such interest, shall be secured by 1F~e lien of thi~ mortgaga 6. That (a) in the event of any breach of this Mortgage or default on tM part of the MORTGAGOR, or (b) in the event sny of ss~d svms of money herein referred ro be not promptly and fulty paid within thirty (30) days next after ~he same severally becoma dve and payable, without demand or notice. or (c) in the event each and every the stipulatiorts, agreements, conditions and covenants of sa~d promiuory note and this mortgage any or either are not iuly, prompHy and fully periormed, d~scharged, executed, effected, tompieted, compfied with and abided by, tFxn in e3fher a any such eveM ti~e said ag g~egste wm rn~Mioned in said promissay note then remaining unpaid, with interost acuued, and all mo~eys setured hereby, shall become due and pay- able forthwith, or thereafter, at the option of said MORTGAGEE, as fully and completely as if all of the said wms of money. were orginalty st~pulated to be paid on such day, anylhing in said prom~ssay note a in this Mortgage to the contrary ~otwithstanding; and thereupon or thereafter a~ the op~ion of sma MORTGAGEE, without notice or demand, suit at law w in eqvity, therefore or thereaiter begun, may be prosecuted as if all moneys setured hereby nad matured prior to its institution_ 7. That in the event that at the beginning of or at any time pending any suit upon th;s Morfgage, or to foretlose it, ot 10 ~eform it, or to enforte payment ot any claims hercunder, said MORTGAGEE shall apply to the CouA having jurisd[ction thereof for the appo:ntment of a ReceivK, such Court shaU forthwifh appoint a ~eceiver of said mortgaged prc>pe~ty all and singular, intlud~ng all and singular the intome, profits, iuues and revenves from wbatever source derived, each and every of which, it being expressly understood, is hereby mwtgaged as if specificalty set fath and destribed in tht granting and habendum clauses hereof, and such Receiver shall have all the broad and effective funct~ons and powen in anywise eMrusted by a Cou~t to a Receiver, and s~ch appointment shall be made by such Court as an admitted equiry and a matter of absolute right to uid MORTGAGEE, and without reference to the adequacy a inadequacy of the valve of the p~operty mortgayed or to the sotvency or insolvency of said MORTGAGOR w the defendants, and that such ren~s, profits, ~ncome, iu~es and revenues :hall be applied by such Receiver according to the lien or eq~ity of said MORTGAGEE aod 1he practice of such CouA. 8. To dvly, promptly and fully perfwm, discharge, execute, effect, complete, comply with and ab~de by each and every the stipulations, agrcements, conditions and covenants in uid promissory note and this mortgage set forth. - 9. That in the event the ownershtp of the mortgaged premises, w any part thereof, becomes vestcd in a pe~son other than the MORTGAGOR, the MORTGAGEE, its successo~s and ass~gns, msy, without ratice to the MORiGAOR, deal with such successw w successor in interest with re~erence to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating a diuharging the Nbrtgagors' liabitity lkrr under or upon the debr he~eby secured. No sale of the premises hereby mortgaged and no fwbeara~te on 1F?e part of the MORTGAGEE or its sutcessors or assigns and no ex~ension of she time for the payment of the debt here6y secured given by tF~e MORTGAGEE or its successors or auigns, siwll operate ~o release, dixharge, modify change or affect the wiginal liabiliry of tlx MORiGAGOR herein, either in whole or in part. 10. It is specificaUy agreed that time is of the ess~nce of thes coretrsct and that no waivei of any obligatia+ hereunde~ or of the oblgatan se- cured hereby shall at any time thereafter be held fo be s waiver of the ferms hereof or of the instrumeM secured herby. 11. In add~tio~ to the forego:ng monthly payments of princ'pal and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each momhty payment an addirio~ai sum estimated by mortgagee to be equa! to 1/12 of tlx annual cost of the follow- ing: A-All real property taxes levied w assessed agai~st the above described real estate_ . B-Premiums on lire and windstorm insurance as herein requ~red to be carried on the improveme~ts sitvate on the above dascribed p~emises. C-Premiums on such mwtgage guaranty insurarce as morfgagee shaN from time to time deem fet to ta~ry on the ban secured bereby. Matgagee sha!I from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shalf thereupon be due and payable on the due date of the ~ezt month!y payment and each successive month thereafter ur,til mortgagee shall notify mortgagor of a change in such amount. $uch sums sFaH be apptied by mortgagee toward the payment of ~eal prope~ty laxes, insurarxe prem:ums, and mortgage guaranty insurance premiums. IN WITNESS WHEREdF,~the said MORTGAGOR has hereunto set his hand a~d seal the day and ear fint sfwesaid_ Signed, Sealed and delivered in the presente of: ~ ~ ~ ,GIiYlLGt~ ~ .n ivian . i , aq n ` s~n SiATE OF FLORIDA " ~ A 1C~OW • ~ COUNTY OF - SL . Lucie ~ e~ta~ ~.,o~nr appeared V~ v~ an I Smith ~ A Sin~le Adult and Virc~inia L Smith~~ A Widow ~a ~„„ell krawn ar+d known to me to ba rhe individ~als described in and who executed the foregoing instrument, and atknowledged before me that they executed the same for tF?e ~wrposes rherein e~cpressed, df1[~Ofi~tsaAc ~frXsX~~Ksyd 7R°3[~X j~~~lE?i~C~afrXp~AiioX~~x~~~i~~~G~DUf}~iilt Xs,G~%~I~ WITNESS my hand and official seal thii day of A ril A D. 19 72 ary Public ih and fw the te f at lar My Commiuio~ expires: Retum To: F ~ ' r Fint Federal Savings b loan Association Of Fort P~erte. • Fort Pierce, Horida ~~~p ~?ND RECOtt " ~ ~ ~ " ~E Ci~uMTY ~ • ~'3 , it, lllC _ ; ~ ,~t _ - ROCER POITRAf : : ~ 6tERK CIRCUIT COiMf ~ _ . ~ ' _ Tho~ S A. Dri Scoll RE~~O YENIFtEd~...¦•~•}~ 3~' This tnstrument Prepared By f`,... . y~..~. ~,s` F+rst Federal Savings & Loan ~gsociaJipn ~ g ~ ~ ~t of Fort Pierce~ loxi~a Checked By ~ 22'76'72 800~c ~1 PACE14~ { ~ ' cf ~ _ ~ ~ - '-v -'i: -.-."i 7 . . ~ ~ - S .1. . _ _ s_ -