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To plan and continuously keep on tM buildinps ~ow or l+ere~ftK sitwte on iaid land and on all equipnsM ~nd pKwnally oovend by this mw ay~ wi~A di premivms tMrwn pa~d in full, fire tnsur~nce in tF~ vswl iar+dad policy form, + ium approvod by tM MORTGAGEE, and windsro inwnnc~ M tM ~nwl uandud pol~cy form, in ~ wm +~ov~d by rM MORTGAGEE, i~ such compa~y w comPani~s u th~ MORTGAGEE m d'u~ctt and ~II fk~ ~nd windstwm intwana policies on ~ny of said b~iWinps, sny inta~it tht~~in w p~rt tht~eof, in tM apqre~~t~ wm ~faes+id In ~xc~ss tFaroof. sMtl contain the vswl standud mortyaq~ clau~ a sud? othK clxn~ u tM Mafpa~a~ may ~puk~. m+ki~p tM loss urwler said po ci~s. eacl~ aod ~vKy. paYabb W said MORTGAGEE u ifs interesl may ~pp~ar, a~d each and twry iuch polity shall bs promptly ~ss:~ned ~nd delivt~ed ~ •ny held by s~id MORTGAGEE u i~rthe~ secv~ity ro ssid mortp~ debi, ~nd, not 1~~ th~n tM (10) d~ys i~ advance ol 1M expir~tion of sach policy, to d~ liwr ro said MORTGAGEE a rN+ewal th~reof, toqed+N with • recapt for tM pr«nivm of wth renewal~ and there shall b~ oo fin w windstam inwr~i+t placed on a~y of s~id b~ildinps„ ~ny intaest tMr~in w p~n ti~of, unless ?a t!~ fwm and with tM loss p+y~bt~ a ~fo~~said; and in tM ev~nt any we of ma~ey becanes payable undK wd~ policy or policiea s+id MORTGAGEE shall haw th~ option to rectiw and ~pply tM s+me a? account of the indebted nfss setured hatby w a parmit s~id MORTGAGORS to ?aatiw and us~ it o~ any part thereof fw othcr purposes, wilhout th_reb~ waivinp o~ unpair inp any pvity, liu~ or righr w+der a by virtw of this mortpay~j a+d in tM ~v~nt ssid MORTGAGORS shall fw sny reason f~il to keep ths ~aid premises so insurad, w f~il b drlivN promptly ~ny of said policies oi I~awantt to s~id MORTGAGEE. or f~il promptly to pay fully any premium therefo~ or M ~ny respact f~il b pNfam, dixMrye, execute, effad, complc+e, aomplp with and ~bid~ by tha mvenant. a anY psrt hereol. sa~d MORTGAGEE m~y pl~ce +nd paY fa wd? irowar~p or any part thereof wi~hout w~iviny or ~ff~ctinp u~y option, li~n, puity, o~ ?igM ui?d~r a by virtw of this Mortysye. ~nd the full amount of each snd every such payment sh~ll b~ immed'wMy dw uid pay+bl~ +od shall bea? tntaest from tM date the~eof ~mtil paid at tha rst~ ot nin~ pa cenwm pe? anrwm and together with such interest shall bt srcund by 1M lien oi this mat9~pa , 1. To pe~miL oommit or wffe~ no wut~. knp+irment w deterior~tioe of said praperry w~y put d+ereof. 5. To pay all sad sinp~l~r ths tosta, thupes ~nd expa+ks. includ'u+p •?e+son+bls ~ttorney's fee a~d coits of abstracts of tide, incvned or p+id at _ a~y tune by said MORTGAGEE, bacavse a in the event of ths iai{we on the paA of the aeid MORiGAGOR to duly, promptly and fully perform, d~xharya~ execute, effed, oomplete, comply with and ~bide by each and ewry ths stipulatioea, sgreements, tonditions, and eovenants of said promiuwy note and ~hu mortyage ~ny or ei~her. ~nd said cosn, ch~rges and expenses. each snd wa+y, shall be immediately due and payable: whether or not there be noNce de~ mand, attempt to collect a wH pendingt and tM full art~o~M of sach and tvery wch payment shall bear intemst irom the d~M thereof until p~id at ths rate oi nine per centum per annum; and all said costs, charges a~d expenses intvrred w paid, topether with such intareit, shall be secured bp ths lien of thif ma10~9e- 6. 7lwt (a) in the event of sny breach of this Nbrtpsy~ or default on tFr part of the AhORTGAGOR, a(b) in tl+s event ~~ryl of ss~d swns of mo~ey herein referred to bs oot promptly and f~lly p~id withi~ thiry (30) days next after tt+e sarne severally become d~e +nd payabb. wilhout denNnd a notice. or (c) in the event each and every the stipulatioru ~greements, co~ditions and coven~nts of sa~d pramiuory note and t6is mortpape any or either are o01 iuly, prompdy and fully performed, d~scharped, execvted, effec~ed, compkted. compl'ied with and ~bided by, the~ in either or uhr such svent tM uid ~g g.egat~ wm mentaned io said promissory note then ~emainirg unprid, with intaesl xuued, and all moneys secured hereby. shall becom~ dw and p~y- able fwthwith, or there~fier, a1 the option of said MORiGACaEE, u fully and complefely as ii all of the ~aid svms of money wero origirully stiput~ted to be paid on svch day, s~ythir?g in said promiuory note or in this Mortgaye ro the contr~ry notwithstsnding; and thereupon or the~e+fter at ths option of said MORTGAGEE, without notice or demand, wit at law w in equity, therefore or thereafle. begun, may be prwscvted u if all moe?eys ssc~red hareby had mahNed pnor to iri institution. 7. That In the event that ~t the beginnirg of or at any time pendinp sny wit ~pon this Mortgsge, a to foreclose it, or to mform i~, w to enforos payment of any daims hereunde*. said MORTGAGEE sh~ll ~pply to the Couh Mving jurwdiction thereot fw tl+e appointment of s Receiver, such Court shall forthwith appoiM a receiver of said matgaged property all snd singulu, includmg all ~nd singvl~? tF+e income, profin, iuues and revenves fran whateve? source derived. each a~d every of which, it be~rg expressly vnderstood, is hereby mwtgaged as if specifically set forth u~d desuibed in the y~u~ting and habend~m clauses hereof, and such Receiver shall Mve all the b?osd ~nd eY;~ive functions and powe?s in anywise entrwted by ~ Co~n to a Receiver, and wch appointment sha0 be made by s~ch Court u ~n admined eqvity ~nd s m~tter of absolute right to said MORTGAGEE, ~~d without referente to the adequacy or i~adequacy of the value of the property moNgsged w to the sohrency or insolvency of said MORiGAGOR or the defendants, and that such renrs, profits, incane, issues snd revenues shall be applied by sucb Raceiver accord~ng to the lien or equity of said MORTGAGEE and the pcactice of svch Court. , - 8. To duly, promptly snd fvlly perform, d~scharge, execute, effect, compkte, comply with and abide by each and every the stipulatio~s, agreeme~ri, :onditiom and covenants in said promiuay note and this mortgage set fwth. 9. That in the event the ownenhip of ths mortgs~ed premises, or any put thereof, becomes vesfed in a perwn other than the MORTGAGOR, fhe MORTGAGEE, its succeuors and aug~s, msy, without notice to the N40RTGAOR, deal with such s~a~ssor or successw in interest with reference to this mortgage and the debt hereby secured in the ssme manner as with Mwtgagw without in a~y way vitiating or discharging ths Mortg~gors' liability here- under or upon the debt hereby secured. No ssle of the premises hereby mortgaged and no forbesrance on ths paA of tF~e MORTGAGEE a in successon or assigns snd no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE w ib successors or auig~s, shall operate ro release, dixMrge, modify change a af(ect the wiginal liabiliry of the MORTGAGOR herein, either in whole a in put. 10. N h specifically agreed that time is of the essence of this contract and that ~o waiver of any obligation here~nder w of the obliyation se- cured he?eby sMll at any tune thereafter be held to be a waiver of the terms hEreof or of the imtrw~xM sec~red herby. • 11. In add~tion fo the iorego:ng monthly payments of printpaf and interest required by the promissory note secured hereby, mortgagor covenants and ag~ees to pay ro mortgagee with each monthly payment an addirional sum atimated by mortyapee to be equal b 1/12 of the annual tost of the fdlow- 'ng: A-All real property taxes levied or assessed against the above desuibed real Htate. B-Premiums on fire and windstorm insunnce as Fxrein requ~red to be tarried an the improvements situate on the above desc?ibed ptemises. C-Premiums on such mortgage guaranty insurance as rtwrtgagee shall from time to time deem fit to carry on the (oan setured hereby. Nbrtgsgee shall from time to Nme nmify mortgagor in writing of the amount d~e and psyable herevnder and such wm sFwll thereupon be due and payable on the due date of the neat mo~thiy payment and each successive month thereafter uftil mortgagee shall notify mortgagor of s change in such ; amount. Such sums shall be applied by mwtgagee toward the paymeM of real property taxes, insurance prem:ums, and mortgage guaranfy inwrance j premiums. ~ IN WITNE55 WHEREOf, the ss~d MORTGAGOR has hereunto set his hand and sea) the day and eu int afwesaid. ~ Sealed a li in the presence of: ~ ~ ~ ~ ~ Hir L. Swai ~ n - Eugen a H. Swain ~e,p STATE OF FLORIDA ~ SL. LuC1Q courin oF . ~fae n,e pe„a„t~y ,ppe„ed Hira?m L. Swain Euyenia H. Swain h;, ~,,,h~, ro n,e ,,,,eu k~iOw~ ,,,a knowe, +o n„ w b. the individwls described '+n and who executed the foreyanp instrument, and acknowkdged before me that they executed il» same fw ihs purposes rherein enpressed. /1nd the ss~d ~9enia H. Swain ~ W~re of ~h. ~~d Hiram L. Sxain - :~'~i- ~ r ' .od ~,t• ~ exaniuutan by me hken separate and apart from her said husband, ~cknovvkdged ro snd befae rn~ that she e:eouLed~iid~iMtrwnent fr~[y and volurf tarily and witha?t am compulsan, cwutraint. ~ppre , or feu of ot from ' husband. 1 f(, ; WITNESS my hand and official seal thi d.y or June , 10 72 ~ ~ Notary Pub~ic in and fa fheqitit~' (YF'~ t ~ C.ortwnission expireu ~ Retwn To: ~~/~5 MY COM q$~py ~g~DA ~t IJIR6E ' First Feder~l Savi~gs 3 loan Assotiation 19~ BondlA ~r AIt121~c~p.,~c~ I~p ~;p, of Fo~t P~erce. FILED AND RECoROEe Fort Pierce, Florida aT. LUCIE COUNTY F<A. ' • ROCER POITRAS CIERK CIRCUtT COURT RECORD YERIFIEO ~ This Instrument Prepared By John W. Col~s1 10 Za ~~1~ F+rst Federal Savings b loan Association of Fo~t Qierce ~ F loz ida Checked By ~ ~Z7~ ~ _ _ - - - - -