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To pl~ce and continuousiy leep on the bui'd~ngs now or heraa{ter s~luata on sa~d land and on ali equipment and personatly cove~ed by ~h7s mo~ ege, w~~h all pren~~ums thereoo pa.d ~n fuR, fua ins~renca m.the usual s~m~ard po;~cy form, in a sum apNro~ed by ~ha h1pR~GAGEE, a~~d w~ndsto ~nsurance in the usuat standard po:,cy fwm, en a swn apyro.ed by the h1pRTGAGEE, in such tompany o~ tompanies aa the R10RTGAGEE m d~rec1; and all iire and w~ndito~m insuiance poticies on any of sa~d iwild~ngs, any interest :herein or part thereof, in the aggregate sum aforesaid extess th;reof, shall contain ihe usual standa~d mort9agee dause w such other cla~sa as rhe Mo~tgsyee may req~.re, makiny the ioss unJe~ se~d po tirs, each and every, payabi~ to said 110RSGAGEE as ~IS intarasl may appear, and each and every such pu'uy eha;l Ue p~omplly ass gned a~~d cirlivared : eny held by sa~d MORTGAGEE as iur~he? s:writy to said mor~gage debt, a~d, no1 leas than ten (10) days in advance of the expirat~on of each pol~cy, to d~ Gver ro said MORTGAGFE a renewal theieoi, roge~her wi~h a receipt fw the premium of such re~~e+.al; and there shalt be ~o i,re or ~vindsto~m insuranc p!aced o~ any of said buildings, ~ny intarest therr~n w part thereoF, unless in the form and wi~h the Ioss payab~e as a4oresa~d; and in the evenl any sun oi money beco~nea payabfe ~nder such poticy or poGcies said MORTGAGEf shal! have the opt~on to rec~~ve and app!y Iha same on account of the indabird nrss aewred he.~by or to perznit sa~d /.~ORTGAGORS to receive and use il w any part tha:e~f toi c:~~~~ Hvr~ oses, ~:,ihout ~h_ u; ~3 cr ~•~~p;.~. ing any equ~ty, lien w r~gh~ under or by virtue of th~s mo:'gage; and i~ the event sa~d MORTGAGORS shatt fw any reason fa'rt to kaep the sa;d prem;ses so insured, or (ai) fo deliver pro~n~)ly any of said poGcies oF insurante lo sa~d MORTGAGEE, or fail prompNy to pay fulty any premi~m thcrefor or in any respect tail ro perform, d~scharge, execute, eflect, comp{eta, comply wi~h and ab~de by this covenan~, ar any pan ha~eo(, sa~d MORTGAGEE may piace a~~d pay fw such insurance or a~y part thereoF w~thouf waiving or affecting any option, lien, equity, or right u~de. or by virtue of this Mo~tgage, and the full amount of each and every such paYment shall be immediately due and payable and shall bza~ interast from the date lhereoi until paid at the rate of n~ne per cen~um per annum and to~ether w~fh such interes~ shaN be secured by the lien o( this mortgage. To permit, commit or suffer no waste, impairment or dererioration of said propeity o~ any part tbereof. S. To pay atl and singular the costs, charges and expenses, ~ncluding a reasonabte attwney's fee and cosrs of absr~acts of t~tle, incur,ed or pa~d at any ti~r,e by said MORTGAG:E, because or i~ the event of the fa~lure on the part of the aaid MORTGAGOR to duly, promptly and fu~Iy perform, d~scharge. :xrtute, efietl, tanplete, comply w~th and ab:de by eath and every th~ stipulations, agreements, tondit~ona, and tovenants of sa~d promissory note and this •r.ortgaye any or e~ther, and sa:d costs, char~es and expenses, each and every, shall be immrdiately due and payable; whether or nat there be not~ce de mand, atternpt to collett or suit pe~~d:ng; and the (utl amounl of each and every such payment shafl bear intrrest from the datQ tAerepf until paid af the r.:re o= n~ne pe~ centum ~.:r anuu:n; arid aU sa~d cos~s, cnarges and exixnses incurred w paid, togelhrr w~th such interest, shall be secured by tFx Iien of this mortgage. 6. That (a) in Ihr event of any breach of this Moregage or default on the part of the MORTGAGOR, w(b} in the event any of sa;d sums of money he.ein referred to be not prompdy and fully paid within th,~fy (30) days next aSte~ the same se~eraity becwne due and payab~e, wi~hout demand or ootice, or in tht eveN each and every the slipu+aGOns, agreeme~ts, cond~tions and covenants of sa:d promissory oote and th~s mortgage any or eithe~ are not iuly, pro~np~fy artd fully performed, d~acharged, exetuted, effected, canptcted, compGed with and abided 5y, then irt e+fhe~ o~ any such evem 1he sa~d ag a~egate sum mentioned in sa+d promiisory note then remaining unpaid, with interest accrued, and atl moneys secured hereby, shall become due and pay ab~e ferthw~th, or rhereafrer, at the oprion of sa~d MORTGAGEE, as fui~y and complQiely as if aIl of the said wms oi money were or~ginaily sriputated ro be pa:d on such d,;y, a~ythi~g in sa:d prom~sswy note w in this Mortgage to the contrary nor,n~irhstand~ng; and thereupon w thereafter at the opt~on of s3:d MORIGAGEE, w~rhout nunce w demand, su~t at law or in equity, therefore w thereafter begun, may be prosecuted as if all moneys secured hereby n.-d matured pr~or to ds inslit~tion_ ' 7. That in the event rhat at the begirtn~ng of or at any time pe~ding any sui! upon this Mo~tga~e, w to foreclox it, o~ to reform it, o? fo enforce payment of any da~ms here~nd~r, said MORTGAGEE shatl apply to the Court hav~ng junsd,a~on thereai for the appointment of a Receiver, such Court shail icrthvvith appomt a receiver of sa~d mortgaged proprrty atl and singutar, inciud:ng aii and S~R9U~di the income, profrts, issves artd ievenues 1~om whatever source derived, each and every of wh,ch, ~t being express!y understood, is hereby mor~gaged as ii speufically srt forth and desaibed in the g.anting and h~bendum clauses hereof, and scch Receivrr shatl have a~l fhe b~aad and eNective funct.o~~s aod powers in anywise entrusted by a Court to a Receiver, and s.:ch appoi~rment shatf be made by such Court as an admirted equity and a matte"r of absol~te rigM to said MORTGAGEE, and without reference to the aciequacy or inadequacy of the value of the property mortgaged or to the so~v~ncy or ~nsoivency af said MORiGAGOR p the defendants, and that such r~~,rs, proiits, incane, issues and re~enues shall be applied by suth Recriver accord~ng to the lien or equity of said MORTGAGEF and the practice of such Court. 8. To duty, promptly and ful!y per(orm, discharg~, execute, effect, complete, comply wirh and abide by each and every fhe stipulations, agr~ements, conditions and covenants ~n sa~d promissory note and th;s mortgage sef forth. 9. That in the event tF,e ownership of the mortgaged premises, or any part the~eof, becomes vesfed in a person othe? ihan the MORiGAGOR, the :"^vRTGAGEE, its successors and ass~gns, may, without notice to the A10RTGAOR, deal with such successor p successor in interest with reference to thia ~~o~tgage and the debt hereby secur¢d in the same man~er as with Mo~tgago~ w~tlwut in a~y way vit;ating w d~scharg~~g thc Mortgagors' liabiiity here- under or upon the debt hereby secv~ed. No sale of the premises hereby mortgaged and no forbeara~ce on the part of the !hORTGAGEE w its successors or assigns and no extens~on of the time for the payme~t oi the debt hereby secured given by Ihe MORTGAGEE o~ its s~ctessws or ass~gns, s~~all operate to refease, d~scharge, modify chang@ or atfect the orig~nai iiauJ~ty of the MORIGAGOR herein, either ia whole or in part. 10. If is spec~~ically agre~ that tim~ es of the essence of t1,is contract and that no waiver of any obl~gation hereunder w of the obligaYwn se- cured hereby shal! at any time tnereaher be he:d to be a walver of the terms hereof o~ of the instrument secured herby_ 11. In add tEoa to the forege ng month!y F~ay~nents of princ pa! and interest ~equ~red by the prom~sscry ~ote sccured hereb~, mortgag~r covenants ~^d ag~`es to pay to mortgagee ~a~th each month~y payr ;ent an sdd~rfonal sum esrmated by mortgagee to be equai to 1; 12 of the annual cost of the follow- ng: . A-All real property taxas levizd or assesscd agai•~st th^ above destribed real estate. B-Prem+ums on iire and w~nds~onn insurdcce as here~n requ:red Io be carried on the Improvemeats s~tuate on the above dsscribed premises. C-Premi~ms on s~ch mortgage gvaranty ir.sura~~ce as morfgagee shal! from t-me to ti~ne deem fit fo cany on the loan secured hereby. Mortgagee sha l'rom nme to t~me nOli~y mortyagcr in writ~ng of the amou~t d~e and payable hereundrr and such surn shall thereupon be due and ;,3vable on the due dare oE th> next month!y payment and each successive month thereafter ur.tit mortgagee shall notify mortgagor of a change in such o~nt. Such sums sNa:t be app ied by mortgagee toward the paymant of ?eal prope~fy taxes, enswa,xe prem:ums, and mortgage guaranty insurante n•emiums. IN WITNE55 `:+H:RtOf, the said MORTGAGOR has hereunto ut his ha~:d and seal the day and • first aforeu' Signed, Seated and detivered i~ the prexnce of: ~ , ~ Sesn Wayn B. Allen ~~a~~ - - - t5eaq o nn Allen ~~si~ 5 ~ ATE OF fLORiDA ~ COUNTY OF St. Lucie ' Wayne E. Allen Before me perso~ally appeared a~ Jo Ann Allen - *he individ~als described in and who executrd the for oi his wife, to me weN known and knowe to me to be eg rg instrument, and acknowledged befwe me that they executed the same fw the, purposes rhe•ei~ expressed. And the said `JO /~111t1 Allen ~+a e B. Allen ~~n.: ~~t*.~ ~~v.~ w~fe of the said _ ~ e*am:nat~on by me taieen separate and apart from her said husba~d, acknow{edged to and before me that ahe executecf said irw(tumsrtt~fr~ely and ~q7ext ra~i~y a~d w~thout any compulsion, constraint, appreh s:on, or fear of ot from her said band. WITNESS my hand and officia! seal this_- ~X ~ y da of ~ :A. D. 14 - GLl ~ _ " ~ ary Public in and for the Stat ~f fjor at~ Lar{~a ~ My Comm~ssion eapires: : y.'~ Rerum io: / 2 - ~9 ' rt _ - U fint Federal Sa+ingf ~ loan Assoc~afon - or ~;,.t P...ce AND RECt~RDEO ~''.i~i:'~` Fort Pirrte, ftcrida f~lE~ - ST. LUCtE ;,~ut~tY F~~. ~ RG'z~ F~i~`R~S i CLERK C~~~_ ~;T CQtlRt ~ . PErran : :`4 This Instrument Prepared 8y~ ~7. H. Roberts~ Jr. ~ First Federal Savings 8 Loan Association 6 3 ss PN ~ Z , o ort Pierce ~ Florida 33450 Checked B y 2309~9 BooK20~ ~4~ . ~ / j~! 33 . . ~~g t~ . d~„~ k~'~r~~~h~+~~~~~ ~;u ar , ~.~.~~,r~•^"' • - a' ~ , . . ..-'~~.~~~:G~'`.,~t