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To plxe and conrinuouily kcep on the buildings ~ow o~ hereafte~ aitw~~ on ssid I~nd and on all equipmsnt ~nd p~noe?aliy covtred by thi~ mor pe, with all prem~vms ~hereon pa~d in full, fire insurance in the usval irandard policy fam, In a sum approved by the MORtGAGEE, and windsto inswanc~ in th~ uiwl itanda~d poliq fam, in a sum approved by the MORTGAGEE, in such company w companiea ss ~hs MORTGAGEE m d'uact; ~nd ~II fin and w;r+dstorm i~surancs policie~ on• any of said build~nps, any tnte~est therein or part thereof, in the aQq~eys~s svm aforesaid ~n excess thereof, shall contair~ tM uiual srandard mor~gage~ claus~ or ivch otMr claus~ ~s 11» Monya9ae m~y requiro, makinq ths lou unda sa~d po cies, erch ar+d every, p~yable w said MORTvAGEE as ~ti interest may appeu, ~nd each ~nd every svch policy shall be promptly ~ss:gned and delivered ~ ~ny held by said MORTGAGEE si funher ia~rity to uid mort~age dsbt, a~d, rat leu tMn Ien (10) days in advsnce of ths expiration of each policy, to d~ liva ~o wid MORTGAGEE s renewal thereof, loprlher wi~h a receipt fo? the pnmiun? of tuch renewat; and Ihers ~Mtl be r+o fire or windstwm insur~nc pl~ted on a~y of said buildings, ~ny interest therein or part thsreof, u~kss in tM form ~rd wilh tha lou payabk at afdt~aid; and in th~ eve~t ~ny iun of monty becpnes payabls w~der such polity a policies said MORTGAGEE shall IWw ths option to reteive and spply the same on accoun~ of the indebted ness iecu~ed Fx.eby w ro permit uid MORTGAGORS to ?eceive and us~ it ot aoy pa.t ~hereot fa osher purposes, wi~hou~ ~he~eb~ wai~;~g w~mpair~ inp ~ny eqvity, lien or ~ight under or by virtw of this mor2gagej and in tM ~ven~ said MORTGAGpRS shaU fw any reason fail to keep the said premisa so inwred, or fail b delive? promptly any oi said polkies of irnursna lo said MORTGAGEE, or fail promptly to pay fully any premium ~herefw w in iny raspect fail W pafonn, d~scharge, execvte, effect, complete, comply with and ab~d~ by this covana~r, or any part hereof, said MORTGAGEE may pl~ce a~d pay fw such inswsncs w any part thareof withart waivie+q or sffectinp any option, li~n. equity, a right unda a by vi?tw of thii Mortgs~e, and the full amo~et of esch and ~wry such payment sh~ll be imrnediately dw ~nd payabls ~nd sh~ll bear intmesl from the date thereoi un~il paid at tM rat~ 01 nine per centum per annum and togetAer with such intereat :hall bs secured by tht lien of this mortg+gs. 1. To permit, commit a svffer no wuts, impairment w detc~ioration of uid property w any paA thereof. 5. To p~y sll and sirgulu the costs, chuges and expenses, includirg s reasonsble attwney's fee snd wsts of sbstracts of title, incvrred or paid st any Yune by said MORTGAGEE, becauu or in the eveM of the failvre on the part of tM said MORTGAGOR to duty, promptty snd fuNy po~form, diuhargq execute, effed, comptete. comply w~th and ab:de by each a+~d every the itipulations, agreemenb, condi~iau, sr~d covenants of ssid promissory note and thii mwtgige sny or either, ard said costs, chuges and expenses. each and evNy, shall be irtwnediately due and payable; whe~her w not there be notice d~ mand attempt to collect or suit pe~ding; u~d the fuli amo~nt of each ~nd every such paymem shsll bea, in?erest from the dats thereof umil p~id at the ~•~TP OI nine oer centum per aruium; and all said costs, charges and expenus intvrred or paid, togelher wilh suth interest, shall be secured by ths lien of thii morfya90. 6. 1'hat (s) in the event of any breach of this Mo?tgage w default on tM part of the MORTGAGOR, or (b) in the eve?N any of sa~d suma of money herein referred to bs not prorr~tly and fully paid within thirry (30) days rKxt after ~he same xverally betome due and payable, witlwW demsnd o~ notice. or in the event esch ~r~d every the stipulations, sgreements, conditions and covenants of sa;d promissay note snd th~s mort~sge any a either are noi iuly, promptly and iuNy performed, d~scharged, executed, eifecred, completed, complied with and abided by, tteen in e~ther a any such eva?t the uid a~ gregste wm ment'aned in said promissory note then remaining unpaid, with i~terest acuued, snd all mo~eys aetured hereby, thall betome due and pay- able fwthwith, a thereatte~, at the opYan of said MORTGAGEE, ~s futly snd completaty as if atl of the said sums of money were wigin~lly st~p~lated to be pa;d on such day, anything in said promissory note or in this Mortga9e to the contrary notwithstanding; and thereupon or thereafter st the option of said MORTGAGEE, without notice w demand, s~it at law or in equity, tFKrefwe or tl~ereafter begun, may be proxt~ted u if all moneys secured hertby had matured pnor to its institution. 7. That in the event that st the beginning of or ~t any timc pe~ding any wit upon this Mwtgage, or to foreclose it, w ro refam it, w to enfwce payment of any claims hereunder, said MORTGAGEE shall apply to the Court having ju.isd~dion thereof fo~ the appo~ntment of ~ Reccive?, such Co~rt shalt forthwith sppoiM a receiver o( said mortgaged {xoperty a!1 and singvla?, inclvd~ng all and si~ulsr the income, profits, issws and revenues from whatever sowce derivcd, each and evcry of whKh, it being expressly understood, is F+ereby~ mortgaged as if specifically sef forth and destribed in the gra~ting u+d habendum clauses hereof. and such Receiver shall have ~If the brwd and effective funcuons and powen in anywise enMv~ted by a Cou~t !o a Reteiver, and suth app~imment shall be made by such Court as an admitted equity and s matte? of absol~te right to said MORTGAGEE, and withouf reference to the adequacy a inadequacy of the value of the propcrty mortgaged or to the solvency or insolvency of said MORTGAGOR or ihe. defenda~ts„ and that such rents, profin, income, iuues and reverwes sl~all be applied by such Receiver accwd;ng to 1M lien a equitY,.of said MQRTGAGEE and ths practice of such Court. . , . 8. To duly, promptly and fully perfwm, dittharge, execute, effect, complete, comply wi~h and abide by asch and every the stipulaYwns, agreements, conditions a~d covenann ~n w~d promissory note and this mortgage set fwrh. 9. That in the event the ownenhip of the mortgaged premiies, a any part thereof, becomes vested in s person othe? fhan ihe MORTGAGOR, the MOIHGAGEE, its successors and suigns, msy, without notice to the MORTGAOR, deal with such successor a successor in interest with reference to this mortgage and tlxx debl hereby secured in the same ma~ner as with Mortgagw withovt in a~y way viti~ting p discharging the Mwtqagon' liability herr unde? w upon the debt hereby secu.ed. No sale of the premius hercby mortgaged snd no torbearancc on Ihe part of the MORTGAGEE w its succeston or auigns and no extension of the time for the payment of the debt hereby secured given by tlx MORTGAGEE w its succeuo?s w assigns, ,hall operate ro release, dixharge, nadify change or affect the orginal liab~l;ty of t1~e MORTGAGOR herein, either in whole w in part. 10. It is spec7fica1ly agreed that time is of the essence of this conl~act and that no waiver of any obligstion hereunder or of the obligation se- cured hertby shall at any tinx thereafte+ be held to be a waiver of the terms hereof w of the instrumenl setured herby, 11. In add~tion to the fwego:ng monthfy payments of princ'pal and interest required hy the prom~ssory note secured hereby, morlgagor mvenanfs and agrees to pay to morfgagee with each monthly payrnent an add;reonal sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real property taxes levied a assessed against the above described real estafe_ ~ B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improveme~ts situate on the above desuibed premeses_ C-Premiums on such morfgage qvaranty insuraete as mortgagee shall from f;me ta time deem fit to carry on the loan secured hereby. Atiortgagee :hall from time to time notify mwtgagor in writing of tF~e amount due and payable hereu~der and suth sum shall thereupon be due and . payable on the due ~+ate of the next monthly paymeM and each successive month thereafter urtil mortysgee shalt notify mortgagor of a change in such amount. Such sums shatl be applied by mo~tgagee fowa~d the payment of real property taxes, insurance prem:ums, and mortgage guaranty insurance premiums. IN WITNE55 WHEREOF, the said MORTGAGOR has her nto set his hand and sea( the day and year first aiwesaid. Signed, Seakd and detivcre in the p nce of: Y lb! ~n (-1 ' Cl Bill Geor e huraan ~,n h ~ Mar . Thuraaa se+n ~ STATE OF fLOtt10A ~ I CCUNTY OF - $t. Z.I1C1@ ~ 4 Bill Geor e Thurman k Before me personally appeared y 9 sad Mary S. Thuraan ~ his wife, to me well known and known to me to b~ rhe individwls desaibed in and who e:en,ted the fo?eyoirg instrume~t, ~nd acknowledged before me that they executed the sarns t~~ ~ ?F,erein expressea. nnd rne ss' Mary S. Thursa~n . ` Bill Geor e Thurman - ~ ~ ; ~v~fe af ths ~sid y 9 ry . ~ examinaYwn by me taken sepsrste and apart from her said husbsnd, ac { t knowtedged ro and beFora ms that she executed said I i tarity and without any comp~Ssiw4 cwntraint, appreheni~, or fear of or from her said husband. - "yk, f WITNESS my hand and official seal this 5! dsy of Ma - . - _ ~ No sry Publit in ~nd for he St ~ - , i Return Ta. IY~y Commiu _ iaOTAR'Y PUBL{~~~ ~ _ ~ 4 Fint Federal Ssvings b Loan Auociation M1Y ~t_~`..~~;Oc5~C3V E'!~i'Fi.~~'i ` iii~ 1~, f Of Fort P~erce. GEN~RAL {NSIjrZAt~C~ ll~VD~~11Rf~~/,~1'!^.':. ;~i1''~'~~ f fwt Pierce Ftorida ' ' l/ J ~y 3~~' ~ F1lE0 AHO RECORDE4 f ' gT.111C1E COUNTY fLA. This t~strument Prepared By .j. H. Roberts, Jz. ~ ROGfr POli11AS ~ ~ First Federal Savings b Loan Association CIERK C~RCUI? COURT of Fort Pierce ~ Florida RECORt1 VEk~r1~0 Checked By ooK 20~ 375 M~r 8 3 26 PM'7 Z 228993 , ~ ~