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To place and continuously keep on the bu~'dings ~ow a hereafta s~tus~s on said I~nd and on sil equipment and pe?wn~ily cover~d by this mor age, wilh sll premiums lhereon pa~d in full, ti~e insurance i~ rhe usual srardard po1'rty fo~m, in~ a sum approvad by the MOR(GAGEE, and winds~o insurance in ~M usual s~andard pol~cy lam, in s sum approved by ths N10RTGAGEE, in iuch compa~y or companies ~s the MORTGAGEE m d~reu; ~nd all iir~ and w~ndstorm insurance policies on a~y ai saici iu;~i:,-~s. a,-,* ;r,~a:ss: •!~cee- r. !!r•eeF: ~hs aooreoate sum aforewid in azcess lhereof, shatl conrain the u~ual standa?d matgagee clauis w such o~her clause ~s the Matga9ce may require, makirg ths lo~~ ~nder sa~d po c~es, e~ch and every, p~ynble to s~id MORTGAGEE as its inierest may ~ppea~, and each and every s~ch pof~cy ah~ll be promptly ass.gned and dei~vered ~ any held by said MORTGAGEE as further sec~rity to said matgage deb?, and, not !eu than 1en (10) days in advance of the expir~tion of each policy, to d~ I~ver to said MORTGAGEE a ~errowal the~eof, together with a~eteipt fw the premium oi such renewal; and there shall be no f~re w wi~dstorm insursnc plsced on any of said build~ngs, eny interost tlxre~n w part thereof, ~ntess in ~Fw form and with ~hr loss payable as aforesaid; and ;n the event any sun of money becpn,es payable undsr such policy w poticies said MORTGAGEE shall have the opt~on to receive and apply the same on account of the indebted ` ness Secuted htreby Or t0 permit said MORTGAGORS to rKeive arxl uS~ it p aoy part thereol iot otner purposes, viithpuf th?reb~ waivi~g or unpai~~ ~ ing any equity. lien or right under p'by virrue of this mor!gage; and in !hs event said MORTGAGORS shall fw any reason fail to keep the said premises io ~ inaured, or fail to delive~ promptly any of said Qolicies of iniurante to said MORTGAGEE, w fail promptly to pay fully any premium therefw or in any respM fail ro pe~torm, dixMrge, execute, effect, complete, comply with and abide by this mvenanl, a any part hereof, said MORTGAGEE may pt~te and pay fw such insurancs w any p~rt thereof without waiving w affectiop any option, lien, equity, or right unda a by virtue of this Mortgage, and the full a~raunt of each and every suth payment shall be immediately dve and payable ~nd shall bear interest from the date thereot until paid at the rate of n~ne pe? cMtum pe~ annum and ta~efher wifh such intereat shalt be secwed by ihe lien of this rtwrtgage. 1. To permi?, torrunit a wffer no wasls, impairmem o~ deterioration of said property or any part thereof. 5. To pay alt and singulu Ihe costs, charges snd e:penses, including a reaso~a~!a a+twney's fee a~d costs of abstrads of title, incv~r~d pr paid at any time by said MORTGAGEE, because or in the event of the failure on the part of the said MORTGAGOR to duiy, promp~ly and fully perfum, diuha~ge execute, etfect, tomplere, comply with and ab:de by each and every the stip~latiorts. agreements, conditions, and covenants of said promissory note and thii moregage any w either, and said costs, chuges and expenses, each and svery, shall be immrdiately due and payabte; whether or not there be not~ce da mand, attempt to colkct w suit pending; and the full amo~M of eacA aod every s~ch payment ahall bea. inte~esf from the date thereoi until psid ~1 the r~re of nine per centum per amium; and all uid costs, charges and expenses inc~rred or paid, together w~1h such interost, shall ba secured by the lieo of thi~ mortgsy0. Q That (a) in the event of any breach of this Mortgage or defautt on the part of the MORTGAGOR, or (b) in the event ~ny of satd sums of mw+ey herein rete?red !o be nol promptly and fully paid within thirty (30) days next aite~ the same xveratly become due and payable, without demand a notice, or (c) i~ tha evem each and every ~he s~iputatioos, sgreeme~ts, cond~tions and covenants of sa:d promiuory note and th~s mwtgsge any or either a~e not iuty, prompdy and fully F+arfwmed, d~uharged, ezecuted, effected, completed, complied with and abided Sy, then in either or any such went tF?e wid ag gregate sum meniqned in said promissory note then ~emaini~g ~npaid, with interes~ accrued, and afl moneys secvred hereby, shall become due and pay- able fwthwith, or thereafter, at the option of said MOR(GAGEE, as fully and compfetely as if all of the said sums of monsy were wiginally st~pvlated ro bt pa;d on such day, anything in said prom~ssory note w in this Mortgage to the contraryr notwiihstanding; and thereupon w the~eafter ~t the optio~ of sa~d MORTGAGEE, without notice or demand, suit al law or in equity, therefore or thereafter begun, may be prosecuted as if ali mwrcys seevred hereby i~ad ~r.a:ured prior to its institution. 7. Tha! in the event tl~at at tF?e beginning of or at any time pending any suiT upon this Mortgage, w to foreclose it, or to refwm it, or to enforce payment of any claims he+eunder, said MORTGAGEE shall apply to the Court having j~risdictio~ thereof for the appointrt~ent of s Receiver, suth Court shall forthwith appoint a receiver of said morrg5ged prope~ty all and singvlar, inclvd~ng all and singvlar the income p~ofits, iuues and revenues from whatever source derived, each and every of which, it beiog expreasly urxierstood, is hereby mortgaged as if specifically set fwth and desuibed in the grantir?g and habendum clauses hcreof, and such Receiver shall have all the broad and effective funct~ons arni powen in anywist enirusied 'oy a Cc~ai i.~ a ReK,•-:er, ar.r! s::ch appoir~tmenl sFwll be made by such Court as sn admitted eqvity and a matter of absolute right to said MORTGAGEE, and without reference to the adequacy w insdequacy of the value of the property mortgaged or to the wlvency or inwlvency of said MORTGAGOR w the defendants, and that such renrs, profiri, incane, issues and ravenuas shall be applied by such Receiver according to the lien or equity of said MORTGAGEE and the practice of such Gourt. _ 8. To d~ly, promptly and fully perform,- discharge, execute, effect, complete, comply with and abide by esch and every the stipulaY~wn, ~yreeme~ts, conditions and coverwnts in sa~d promissory note and this mortgage set forrh. - 9. That in the event the ownership of the mwtgaged premises, or any parf lhereof, becomes vested in s person other than the MORTGAGOR, the MORTGAGEE, its wccesson and auigns, may, without notice to the MORTGAOR, deal with such successw a sutcessor in interest with reference to this mortgage and the Slebt hereby secured in the same manner as with lYbrtgagw witFaut in any way vitiating or diuharging the 'Mortgagors' t?sbility Fkrr . under or upon the debt herebY secvred. No s~le of the premises hereby mwtqaged and no forbearante on the part of the MORTGAGEE ot in successas or auigns and no exte~sion of the time for the paymeM of the debt hereby secured given by the MORTGAGEE or its suctessors a assigns, shall operate ro rekase, distharye, owdify thange or affett the origina) l;ability of tFro MORtGAGOR hereiry either in whole w io part. 10. It is spetifically agreed that time h of the essehce of this contract and that ra waivef of any obl'gation herev~der o? of the obligation se- cured he~eby sMll at any time thereafter be held to be a waiver of the terms hereof w of the instrumeM sec~red herby. 11. In a~dilioP to the forego:ng monthly payments of princ'pal and interest required by tht promiuory note secured hereby, mortgagor tovenants ard agrees to pay to mortgagee with each mo~thly payrnent an addirional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ~ng: A-All real property taxes levied or assessed agai~st the above desuibed real estate. B-Premiums on iire and wi~dstorm insurance as he~ei~ requ~red to be wrried on the improvemtnts situate on the above desv~be~! prem~ses. C-Premiums on such mortgage guaranty insurar~ce as mwtgagee shaU from time to time deem fit to carry on the ba~ secured hereby, Mortgagee shall lrom time to time notify mortgagor in writing of,the amount due and payable hereunde~ ar~d such sum shall thereupon be d~e and ~..ayable on the due date of the ~ext monthly paymenf and each successive month thereaher ur,til mortgagee sFwlt notify mortgagor of s change in such amount. Such soms shatl be applied by mortgagee towa~d the paymeM of real property taxes, insurance prem;ums, and mortgage guaranty insurance premiums. IN WITNES$ WHEREOF, the uid MO 1GAGOR has hereunto set his F~and and seal the day and year first aforesaid. Signec~ Seated and delivq~ed in t esence of: i / 1 _ ~ Ge r Theodoro an : = . cs~n -;~t , . . . Ke I he o~l (seaq tir t:'r, : . . • . . STATE OP FtORIDA ~'i~: " couNtir oF St. Lucie eefwe mep~ rsonslly appeared George Theodorou a~ K@u@ TA@OdOY013 his wife, to me well known and known to me to bs she individuals described in and wia exrc~ieci :ha foregoing inst~ument, and ac{cnowledged before me that they executed the same fw the purposes rherein expressed. And the said ~Qlle ?heodorou w~fe of tbe .~~a George Theodorou , opon a t,epa~eMC1 piiv~. examination by me taken separale and apart irom her said husband, acknowledged to and before me tfwt she exetuted sai inst~u~rpW h' ~nd'v4'lo~ rarily u~d without any compulsion, constraint, appre i,'qr fear of or from htr said husband. - 1 WITNESS my hand a~d official seal this day of ~Y p, ~q 7Z` L' S ~ A ~ F r L U F~2 I U H tary Public in snd or State of p{prid~ al larye - r My Commission ex ires: ' : c~ F 't~OCUN:EAJTA~`_'.. STl~.~'iP iAX . P ~ _ . - _ - a:.. - - - NOTARY PU81(C S7ATE OF ~ORIDA A'~ t~' ' - 5 - ffA~17'72 = MY COtwM1=SIGN EXPIZ~S 4;l:FZ. 2. 19n1 R . `s~ ~ " = ~.~3 ~ 5 0 - c~rvEwu. iNSV~vc~ urvo~RwR~r~s, . v ~ LE71.fF ~'[YEKi~E • - + iti- , • ~d.1901 i2 ~:s^:-' _ - FIIED AN^ RECOROEO ST. UCIE CGUMTY ftA. This tnstrument Prepared 6y= GaYy SllwOOd ~OCER'i~tTRAB ~ First Federa) Savings 8 Loan Associatian CIERK C: :~UIT GOURT . of Fort Pierce ~ Florida 33450 RECOR~ VEt~~FtEO Checked By ~ ~ ! 2 ~ ` H ~ eo~K202 p~~13fi~ z;~sss~ ~