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To ptace and continuously keep on the bu~'dinga now a he~ea(ter ~ituate on said land •nd on all eqvipment and personally covered by thi? mw sgs, w~~h all {uemiums thereon pa~d in tull, fire insurance in ~he u~ual ~tandard policy (orm, in a eum appruved by ths MOR(GAGEE, and windsto insurante in the usual stando~d pol~cy forin, in s sum approvtd by Ihe MORTGAGEE, in suth company o~ tampa~ies as ~hs MORiGAGEE m direct; and all iirs and w~ndstorm insurance potK~es on any of ia3d buiid~nyi, any interest therein or pa~t thereof, in Ihe aggreya~e tum alo~etaid in axcess thereof, shall con~ain ~he usual aia~zdard ma;~agee clause w such othe~ dauss as 1he Mwtgagee may requ~re, maAirg ~he loss unda sa~d po cies, each and every, payab~e to said MORTGAGEE as ~~s interrst may appear, and eacn and every iuch po~~cy shall be promptlY au g~ed and delivered ~ sny held by u~d MORiGAGEE ai fur~her security to said mw~gage debt, a~d, not leu tha~ te~ (10) days i~ advance of ~he expiration of each policy, to d~ • liver to uid MORTGAGEE a renewal thereof, toge~her with s rece~pt fw the premium of such renewal; and there shall be no f~re o~ winda~o~~n insuranc plsced on ~ny of said b:~~tdings, any interest therei~ a part the~eof, unless in the form ~nd with Ihe loss payable as afwesaid; and in the event any s~n of money becomes payable urtdu such policy w policios said MORTGAGEE shall have the opt~on ~o reca~ve and apply the iame o~ atcounl of the indebted neu secured hereby a to permif sa~d MORTGAGORS to receive and use it w a~y pa~t the:eof iw o:nrr pur~~•oses, v.~iho~t ~h~•~o~ ~vaiving cr unpair ing any equity, lien o? right u~der a by virtue of Ihis mo:!gage; ~nd in the evcnt said MORTGAGORS shall tw any reason fail to keep the said premisrs so insu~ed, or fail to delive~ p~omptly ~ny of said po~K~es of insurance fo sa~d MORiGAGEE, w fail promptly to pay iu11y any pre~niu~n therefo~ w in a~y respect fail ~o perfwm, discharge, execute, e~fec~, complete, comply with and abide by this cove~ant, a any part he~eof, said MORTGAGEE may piace a~~d pay for such insurance w any part thereof without waiving or aifectinp a~y option, ~ien, equ~ty, or ~~ght unde~ w by viitue of this Matgage, and the full amount of each and eve~y such payment shall be immediately due and payable and shall besr interes~ from the date thereof until paid at the rate ol nine per centum pe? annum and to~ether wi~h such interest shall be secured by the lisn of Ihis mortgage. To permit, commit w suf(er no waste, impairment w deterioration oi said property or any part thereof. S. To pay all and singulsr the costs, charges and expenses, including a reasonable attwney i fee and cos~i of ebs~racts of title, incurred or paid at any time by sa~d MORTGAGfE, because or in the evcnt of the tailvre on t::- ;~art of the said MORTGAGOR to duly, promptly and fully periorm, dixh~rge. execute, effect, complete, comply w~th and ab:de by each and every the stipulations, s9reen,ents, conditions, and covenants of said promiswry note and this mwtgage any w eitF+er, and sa~d costs, charges and expenses, esch and eve~y, shall be immediately due and payable; whethe~ a not there be no~ice da mand, at~empt 1o collett or suit pending; and the full amount of each and every sucl. paym~nt shall bear interes~ (rom ~he date thereof until paid at the ~.~te o~ nine per centum per an~~um; anc all said costs, charges and expenses i:::~rred or paid, togethet w~th such interest, ihall be secured by the lien of thia niortgage. 6. Thal (a) in the event of any breach of this Mortgage a default on the pa?t of the MORTGAGOR, w(61 in the event ~ny of sa~d sums of money herein referred to be not promptly and fully paid withi~ thirfy (30) days next after the same severally become due and payable, without demand or notice. or (c) in thr event each and every ~he stipufations, agreements, cond~tions and covenants of sa;d promiuory note and ~h~s mortgage a~y or either are noi ~uly, promptly and futly performed, d~scharged, executed, effected, completed, complied with and ab+ded Sy, then i~ e~ther or any such event the sa~d ag gregate sum mentioned in said piomisswy note then remaining vnpaid, with iroe~esl accrued, and atl moneys secured hereby, shall become due and pay- abte fo~thwith, o? thereafrer, at the option of said MORTGAGEE, as futly and completely as if all of the said sums of money were orlginally st~pulated to be p+i~d on suth day, anything in sa:d p~omisswy note or in this Mwtgage to the conerary notwithstanding: and tlxveupon or thereafter at the oplion of said MORTGAGEE, without notice or demand, suit at law w in equity, the~etwe a thereairer begun, may be prosecuted as if all moneys secured hereby had matured pn0~ lo its inititution. 7. That in the event Ihat at the beginnirg of or at any time pending any suif upon this Mortgage, or to foreclose it, or to reform it, or to enfo~ce payment of any claims he~eunder, said MORTGAGEE shall app~y to the Court haveng jur~sd~ctioo thereol for Ihe appo~ntment of a Receiver, such Co~rt shal) Forthwith appoint a receiver of said mortgaged property a11 and singular, inclvd~ng all and singvlar the income, pro(its, issues and reve~ues from whatever source derived, each and every of whrch, it being expressly understood, is hereby mortgaged as if specifically set fwth and desuibed i~ the g?anting and habeodum clauses hereof, and such Receiver shaii have all the broad ano effective funct,ons and powers in anywise entrusted by a Court to a Reteiver, and such appointment shai! be made by such Court as an admitted equity and a matte? of absolute right to said MORTGAGEE, snd without reference to the adequacy or inadequaty of the valve of fhe property mortgaged or to the so~vency or insolvency o( said MORiGAGOR q the defendants, a~d that such renrs, profits, incane, issues and revenues shall be appiied by such Receiver accord~~~g to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, condiYans and covenants in sa~d promissory note and th~s mortgage set fwth. 9_ That in the event the ownership of the mortgaged premises, w any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its successors and ass~gns, may, without notice to the MORTGAOR, deal with such succeuor d successor in interest with reference to ihis mo~tgage and the debt hereby secured in the same manner as with Mortgsgor without in any way viuating or diuharging the Mortgagors' liability herr under or upon the debt hereby secured. No sa~e of the premises Fiereby mortgaged and no forbearance on ~he part of the MORTGAGEE w its successors or assigns and no e:tension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors w auigna, a~wll operate to release, dixharge, modify change or affect the original liability of the MORTGAGOR herein, either in whole w in part. - 10. It is spec~lically agreed that time is of the essence of this contract and that rw waiver of any obl~gat~on herevnder w of the obligation sN cured hereby shall at any time ~hereafter be held to be a waiver of the terms hereof w of the instrument secured herby. 11. !n add~tia~ to the forego:ng monthly payments of princ'pal and interest required by the prom~ssory note secured hereby, mortgagor covenants ind agrees to pay to mo:tgagee with each monthty pay~.~ent an add~riona~ sum est~n,ated by mwtgagee to be equal to 1;'12 of the annual cost of the follow- ~ ~nq: A-All real property taxes leiied or assessed agai~st thc above described real estate. - B-Prem~urns on (ire and winds!en++ ~nsurarce as herein requ~red to be tarried on the improveme~ts situate on the above destribed premises. C-Premiums on such mortg~ge guaranty insurar.ce as mortgagee shall from ume to time deem fit to carry on the loan secured hereby. Mwtgagee shai! from time to time notify mortgagor in writ~ng of the amount due and payable hereundrr and su;h sum shall thereupon be due and F..ayab~e on the d~e date of the next nwnth!y payment and each successive mo~th thereaiter ur.til mortgagee shall ~ot~fy mortgagor of a change in such a~nount. Such s~ms sha:l be applied by matgagee toward the payment of real property taxes, insurance :ums, a~id mortgage guaranfy insurance ~j p.emiums. ~ f , I IN WITNESS 'NHERFOF, the said MOR AGOR has hereunto set his hand and seal the day a ye irst af ewid. - j Sfgned, Sealed and deliv 'n the ese~ce of: , ~ aq _ ~ GI,V~ ObeZt G. Hall (Sea4 . o-~Seaq NIaZy . Hdll (Sesq STATE OF iIORIDA ~ St. Lucie couNrY oF Before me personally appeared Robert G. l~{all and r N~dYy W. }~11 his wife, to me well known a~ known to me to be ~ !he individuals described in and who executed tF?e foregoing instrument, and scknowledged befae me that they executed the same for the purposes therein expressed. And the said ~=Y W• ~11 .4 r~+,i3 w;re of t~ ,~~d Rabert G. Hall _ _ ~ a~a~'.~d:wi:+`~Yi examinat~on by me taken sepa~ate and apart from her said husband, adcnowledged to and before me that she exetuted said i ur{+enlf'f(rly~ afi"d` ~ rar~ly and w~tho~t sny compulsion, constraiM, apprehension, w ear of or from r said husband. WITNESS my hand and oificial seal this ~ n~ day of Ma ~,'p~ jq~ _ . ~ fA fi ~ Nota Public in and fw he ate vJfbi~iia ~.Lar~! My miuion expires• ~ ~ ~f Retum To: - ; i . i ? t= `?iQ~~~~~' ~`~~~t~ . ~ ~ fint Federal Savings S Loan Association `-~~:t~;_ ;_~;i''~?'T?~~~}:•~~~s" Of Fort P~erce. , ~ ~ Fort Pierce, Florida 7~ EO fr11.E~ A~ COOMSY ft~' ~vc~~ ~~ta?S ~ : This Instrument Prepared By John W. Collins~ Sj R~~~RC~~S~~~4~ ~ First Federal Savings & Loan Association C~ER VE',`F~E~ ~ of Fort Pierce ~ Florida aE~ap~ 1a a 3a Checked By ~ _ ,~c3 h V BOOK ~V~ PACE~9~ ~ ~ -