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To pixe and continuously kcep on the bui!dings now or heresitN wt~at~ on said land and on sit equipnenr a~d perwnally tov~r~d by this ma sg~, wi~h all premiums thereo~ pa~d i~ full, (ire insurance in ths usval itanda~d polity form, in a sum approv~d by tM MORTGAGEE, ~nd windato ~nsurar+c~ i~ th~ uswl standa~d pol~cy fwm, tn a sum approved by tM MORiGAGEE, in wch company or comp+niea a tha MORTGAGEE m di~cct; and sll fire and winds~o~m i~iurance poticies on any of aid bvild+~p~, any lnt~rest thsrein o~ part thereof, in ths +~gregau ium ato~esaid !n excess lhcreof. shrll contai~ tM uswl standard matya9ee cl~us~ or svch o~her clsus~ u tM Maty~gee msy ~equ~n. m~ki~p tM tou undK sa~d po ciss, eath a~d evay, payabt~ to said MORTGAGEE as iti interett m~y ~ppear, and esch and evcry t~ch policy shall b~ promptly au:gned +nd delivered i •ny held by said JVIORIGAGEf as lu~thsr seturity to said maty~ys debt, ind. ~ol ku tMn teo (10) days i~ advance of ths expir~twn of each pol'Ky, to d~ live~ to said MORTGAGEE a renewal thereof, 1o~ether with a receipt fw the pnmiwn of such r~wal; and there shall be no iire or wind:rwm i~suranc . placad on ~Mr of said buildirgs, ~ny iote~est thaein w part t1?Keo/, unleu F~ ~M fwm ~nd with the loss payabl~ as ataeisids and in tF?e evtnt any sun of morwy becomes psy~ble under such policy or pol~ciss asid MORTGAGEE shall Mve the option to ~eceive and apply the same on accounl of tM indebted ness sKUrad ht~eby or to ptrmit said MORTGAGORS to ttteivs and ~s~ if w ~ny part thereof fw othe~ purpases, withoul Ih_reb~ waivi~g o~ ~mpair• ~ng any eqviry, lien or right unde? a by virtue of this matgay~; ~nd in 11+~ ~wnt sa~d AhORTGAGORS shall fo. sny reawn fail to keap ~he said p~emises so ins~red, or fail fo dcliver promptly aay of said polities of irourance to tsid MORTGAGEE, w fail promptly to pay fvtly sny premium tht~efw p Fn any respect fail b periwm, dixharge, eaecute, effect. complete, comply with u~d ~bids by this covenant, w any parl hereof, uid MORTGAGEE may pl~ce and pay fw iuch inwranc~ w ~ny psn thereof without w~ivirg or ~fiectinp ~ny option, liMn, eqvity, o~ righ~ ~nder a by virtue of this Mortga~e, and the f~ll amovnt of each and awry such payment sh~ll be irrwnediately dw ai+d p+yabt~ ~nd sMll bea~ inte~est from ths date thereof ~ntil paid ~t the rate oi nine per tentum per annum and fogether with s~ch inte.est shall be secured by tM lien of this mo~t~age. 1. To permi~, commit w suffer no wute, imp~irmeM or deteriw~tion of said property or ~ny paN the~eof. S. To psy ~II snd sinpulu tM cosri, ch~ryes snd expensef. includiny s reasonabk attorney's fee and costs of abstracts of title, incurred or paid at any tune by said MORTGAGEE, because w in the eveM of Ihe failure on the part of the said JNORtGAGOR to duly, promptly ~~d fvlly perform, dixhargR ezecute, effett, complero, comply with and ab:de by esch and every the stipulatior+s, agreemenn, conditio~s, and mvenann of said promiuory note +nd this mortgape any or either, snd said co~n, clu~ges and exper?ses, each and ~very, sh~ll be immed"+ately due and payable; wherher or not there be notice de- mand, at~empt to coltect or suit pending; and the fvll amount of eacA and every s~rch payment shall bear iNeres~ from tF?e date the~eof until p~id at the ~ate of nine per centum per annum; ant! all iaid costs, charges and expe~ses i~t~rrad ot paid, together with such int~rest, shall bs setured by the lien of this mort~s~. 6. Thst (a) in the eva~+t of sny bresch of this Matgsge o~ default on the part of the MORTGAGOR, or (b) in the event ~~y of sa~d svms of mo~ey herein referred to be not promptly and fully paid wifhin th+rfy (3U) days ~ext after the same teverally betome due and payable. without dsmand or notice. o~ (c) io the event exh and every the stipulationt, agreemenn, conditions a~d covenants of sa~d promissory note and th;s mortpaps any o~ either are not iuly, prpnptly and fully performed, d~xharged, executed, effected, completed, complied with and ab~ded by, then in either w s~y svch event tl+e said ag~ gregate sum mentioned in ssid promissory rate then remaining u~paid, with interesl acuucd, and a11 moneys secured hereby, shatl beeon?e dw and pay- abfe fathwith, w thereafte~, d the option of :aid MORTGAGEE, ss fully ard completely as ii all oi the said sums of money were origin~lly stiputated to be paid on such day, anything in said promissory note or in ~his Mortgage to the co~trary notwithstanding; and thereupon or thereafter ~t the option of sa~d MORTGAGEE, without notice w demand, wit at law or in equity, theretore or thercafter begun, may be prosecuted u if alt moneys secured hereby had maturcd pnor to ift intlitution. 7. That i~ the event that at the beginning of w at any time pending sny wit ~pon this Mortgage, w to fpeclose it, or to refwm it, w to enforce payment of any claims hereunder, iaid MORTGAGEE shall apply to the Court havir+g jurisd+'ction thereof fo? the appoi~tment of a Receive~, such Cou?t shatl forthwith appoint a receiver of said mortgsged propeny sll and singular, inciud~ng ail and singuiar ihe incvme, prot~ts, iuuzs ar:d revtr:ues irosss whatevtr source derived, each and every of which, if bei~g expreuly understood, is hertby morrgaged as if specificatly stt fwth and desvibed in the ~r~nting and habendum cla~ses hereof, snd such Receiver shall have a11 the broad and eflective furxt~ons and powers in anywise entrwted by a Courf to • Receiver, and such appoi~tment shatl be made by such Cowt ss an admitted equity and a matter of absolute rigM to said MORTGAGEE, snd without refere~ce fo the adequxy w insdequacy of the value of the properry mortgsged w to tF~e solvency w insolvency of said MORiGAGOR p the defendants, and that such renrs, profirs, irxome, iuves and revenves shal{ be applied by such Receiver according to ~he 1'~en or equiry of said MORTGAGEE and the practice of such Court. 8. To d~ty, promptly and fully pe~fwm, dixharge, execute, ef(ect, complete, comply with end sbide by each and every the stipulations, agreementa, conditions and covenanrs in sa~d promissory ~?ore and this mortgagt xt fwth_ 9. That in the event the ownenhip of the mortgaged premises, or any part thereof, becomcs vested in a person othe~ fMn the MORTGAGOR, the MORTGAGEE, iri successo~s and auigns, may. without nptice to the MORTGAOR, de~! with such successor a successw in interesl with reierence to this mortgage and tfee debt hereby secured in the same manner as with Moitgagw w;tFaut in any way vitiating a discharging the Mortga9ors' liability herr under or upon the debt hereby secured_ No sale of the premius hereby mwtgaged and no fabearance on the part of the MORTGAGEE w its sutcesson or auigns and no extension of the time for the paymem of the debt hereby secured given by fhe MORTGAGEE o~ its successors w auigns, sball operate to rek~se, d~scharge, modify change or affect the orgina~ liability of the MORTGAGOR lxrein, either in whole a i~ part. 10. It is spedfically agreed that time is of the esxnce of this contract and that ra waiver of any obligatan hereunder ot of the obl'gsYan se- cured hereby ahall at any time thereaiter be held to be a waiver of the terms hereof or of the instrumeM secvred herby. 11. In add~tion to the forego:ng rtwnthly payments of pri~c"pat and interest required by the promissory npre secured hereby, mortgagor covenants ~r~d agrees to pay to ma:igaqce with each monthly paymem an addi~ional sum estemated by mortgagee to be equal to 1 j 12 of the annual tost of the follow- ing_ A-All real property taxes kvied w assessed against the above described real estate. 8-Premiums on f~re and windstorm insurar,ce as herein requ~red to be car~ied on the improvements situate on the above described premises, C-Aremiums on suth mortgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the ban secured hereby. Mortgagee shall from time to time notify matgagor in writing of the amount due and payabte hereunder and such sum shall therevpon be due and Fayable on the due date of the neat monthty payment and eath successive month thereafrer ur.ti! mortgagce siwll notify mortgagor of a charge in svch an,ounf. SucF~ sums shall be applied by mortgagee toward ihe payment of real propeny taxes, insuracxe prem;ums, and mortgage guaranty insurante premiums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand artd sea! the day and year first aforesaid. ~ Sig Seakd and livered in the p? of: , ~%~~i~ ~ ~D~' rte~q I, Claude M. rison 1 ' ~ 7 y rrison i = ! 57ATE OF RORIDA ~ ~ St. Lucie ~ ~ COUNTY Of e ~ eef«e me pe.w~atty appea?ed -_~laude M. Harrison ~„d ~ M3rv Harl'1soII his wife, to me well knowo and knowo to me:to rhe indiriduals deuribed in u~d who executed tF~e foreyoiny instrument, rid acknowledged before me that they execvted the same fo? t ~ € therein ezpreued. An~ the sa' 1 II ~ FIB==ISOfl . ' wife of the said ClaUt~ M. ~ examinatio~ by me faken separate and apart from he~ said husband, adcnowledgtd to and befo?e me that she exec~ted said i~xtr ~n ; laril aod without an com Ision, consirsint, s ,••+_-.~.=r: ~ , Y Y P~ ppre I or fesr of or from her said fwsbsnd. , ~ W I T N E S S my h a n d s n d o f ficia l sea l t h is d o f ~ +t~ A:: 0. 19,:~. ~ . 'e f-°+. i ~ - ~ Nofsry Pubtic in u~d fw Siata ~ ~t . : ti= ~ ~ My Commission ~xpir ' % ~ - ~ Return To: . • ~ ¢ r • ~ ~ V ; First federal Savings 3 loan Associat~on ll ~ I Of fort Plerce. .~~i j~y'L''~• ' ! fIlEO AlIQ RECOAO~Q ~ • ~ ' ~ Forf Pierce, F!o?ida =L luCiE C4uM~r /~i~, i } ' Rocf~ ~o~Ta~s CIERIC Vi~Gi1R COYIti L~ RECORa v~Prv~EO This Instrumeni Prepared By Jahn W. Collins ~~OU First Federal Savings 8 Loan Association ~ of Fort Pierce ~ F],oY ida Checked By 228994 Bo K202 P~~ 377 - ~