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To place and cominuously keep a~ the bui!d~ngs now w hercafier ~ituate on ~a~d land and on a11 equip~nent and personally covered by tA7s ma ags, with all premiums iharcon pa:d in Iutl, Gre insurance ~n the ~sual srandard poGcy torm, in a s~m aFproved by the MOR~GAUEf, and w~ndsto ~nsurance in rhe usual sranda~d pol,cy fa~n, in a sum approved by the MORTGAGEE, in such ca:spany o~ compan~es as the MORTGAGEE m d~reu; a~d all fire and w~ndstorm insurance poliues on ~ny of sa~d build~ngs. any interest therein o~ part thereoi, i~ ~he agg~egate sum afwesaid in excess thereoi, shall tw+tain ths usual standard.mortgagea tleuse or suth otFeer clause ai the Mor>gayee may requ~re, n7akin9 Ilw Ioss undrr sa~d po c~es, each and every, payab~e to said MORTGAGEE as ~?s interrst may appear, and each and every such po:~cy shall be promptly ass gnrd and deGvered ~ any held by said MORTGAGEE ss fu~ther secu~ity to said mortflage debt, and, not les~ ~hsn te~ (t03 days in ad~ance oF the expirat~on oi cach pol~cy, to d~ trver to said MORIGAGEE a ronewal theraof, topether with a receipt tw the premium of svch renewal; and there shall be no fue or w~nd~torqt insuranc placed on any oi sa~d build~ngs, any interest there+n a part thereof, unless ~he form and with ~he loss payable as aior~said; a~d ~n the event any sun of money becw„ei payable under wch poticy w poGcias said ~lORTGAGFE ~half have the opr~on to rec~~ve and apply the same on account of the indabtrd ness secured hereby w to pcrmit said MORTGAGORS fo reteive and use iT w any part thereof tor o:hc•r purpcses, ~v~iho~t th_~~o~ w.:iv~~~ or ~n~p~ir ~ng any eqv~ty, lien w r~9h1 undar or by virtue of this mo:!gage; and in the event sa~d MORTGAGORS sbaH for any reason fail to keep rhe ssid prem~ses so insurrd, o~ fai! to delive~ proinptly sny of said policies of insurance to said MORTGAGEE, ot fail pro+nptly to pay fulty any pre~:~ium therefor or in a~y reapect fail to perfwm, d~scharge, execute, effeU, tomplete, comply with and ab~de by th~s covenant, w any parl h:reof, said MORTGAGEE may place a~d pay fw such insurance or any part the~tof without waivi~g w affectiny any opt;on, lien, equity, ot right under or by virtue o~ this Mortgage, and the full amovnt of each and every such payment shall be immediately dw and payabk and shall lxar interest from the date thereoF unti~ paid at the rate ot n;ne per tentum per annum artd to~ether with such interest shali be srcurcd by the tien of this mortgage. 1. To pe~mit, commii w suffer no waste, impairmeat or deteriororion of said prope~ty a any part thercof. 5. To pay all a~d singular the cost~, cha~ya and expens~s, includ~ng a reasonable attorney i f~e and costs of abstrads of title, iacurred a paid at any ti~ne by said MORTGAG:E, because a in fhe event of ~he iailure on ~he part of the aaid MORTGAGOR to duty, promptly and futly perform, d~xharge, >xecu~e, effect, comple~e, compty w~th and ab,de by each and every the sripuiat~ons, agreements, cw+d~teons, and covenants oi ss~d p~omi:sory oote and ~h~s .T~ortgage any o~ e;ther, and sa:d costs, charges and expenses, each and every, shall be immedia~ely due and payable; whethe~ a not there be nof;ce da mand, attempt ~o cottect or suit pend:ng; a~d the full amount of each and every such paymcnt shall bea. interest from the date tkereot u~til paid at the n~re of nine oer cenrum par annu.m; and a1i sa;d costs, chafges and expenses incvrred or paid, together wuh such interest, shall be ietured by the Iien of ihis mortgage. b. That (a) in the event of any breach of rhis Mor?ga9e or default o~ the part of thc MORTGAGOR, or (b} in tFx event any of satd sums of money herein refN.ed to be nor pramprty a~d fully paid within th;rty (30) daya next after Ihe same aeveratly become due and payabte, without demand or notice, o~ (cJ the event each and every the stipu~ations, aqrecments, cond~tions ar+d covenants of sa:d promissory note and th~s mortgage any or eitAer are not iu:y, promp~ly a~d tully periwmed, d~uharged, ezecured, effected, completed, compi~ed w~rh and abided Sy, then in e+tF+ei a any svch event Ihe sa~d ag ~regate sum mentioned in sa~d promissory note then remaining unpaid, with interest accrued, and a11 mo~eya secured hereby, shall become due and pay- aa.e forthw~tA, a thereaf~er, at the op~~a? of sa~d MORTGAGEE, as fulfy and complete~y as ii ail of the sa~d sums of money were a~ginslly sr~pulated to be pald on such day, anyrhing in sa:d prorn~ssay note or in lhis Mortgage to the conrrary ~otwirh:tanding; and thereupw~ or therealter a~ the op~ion of s~~d MORTGAGEE, without notice or ;lemand, suit at law p in equity, therefore or thereaiter begun, msy be prosec~ted as if all moneys secured hereby n.:d mawrtd pnor to i1t inst~TUt~on. 7. 'That in the event rhat at rhe beginn~ng of or ai any time p~nding any su~t upon this Martgage, w to faeclox it, o~ to refam it, o? to enforce paymcnt ot any claims hereunde., said MORTGAGEE shall apply to the Co~rt having jurisd~ction thereoi (or the appointment of a Receiver, such Court shall fo~thwith appoint a.ece~ver of said mutgaged property all and s~ngutar, includ~ng ali and s~ngutar the income, p~of~ti, iswes and ievenues from wharever source derived, each and every of wh;ch, it be~hg expressly understood, is Rereby mwtgaged as if spec:ficall~ ~et fonh and described in the g~anting and habendum cfnuses hereof, and svch Rece;ver shall have all the broad and effective fu~ct,ont'aAd powe~s in anywise eM~usted by ~ Cowt to a Receiver, and s, ch appoinrment shaif be made by svch Court as an adrr~ittcd equlty and a mafter of absoty~tr ~ight to sa~d MORTGAGEE, and withoul referencr to the ad~quacy w inadequacy of the vatue oi the prope~ty mortgaged or to the so~vency or insolv_e,nty o( said NtORTGAOOR or the defendants, and that such re~.fs, prof~rs, incane, ~ssues and revenues shafl be appfied by such Receiver accord~ng to~the tien or equity of said MORTGAGEf a~d the p~ecrice of such Co~rt. . 8. To duty, promptly and fully perform, diuharge, execute, effect, complNe, comply w~th and abide by each and every the stipulatioos, agreements, conditions and cvvenanta in sa~d prom~ssory note and th~s morrgage set forth. 9. That in the event the ow~ersh~p. of the mwtgaged prem~ses, a any psrt ti~e~eof, becomes vesred io a pe?sort other than the MOR7GAGOR, the ti"ORTGAGfE, its succeuo.s and au~gns, may, without not;ce to the MORTGAOR, deal with such successa or successor in interesl wi+h reference to this ~ o~egage and the debt hpreby sec~red in the same manner as with Mortgagor w~thout in any way vit[ating w diuharging the Mortgagors' tiability herr ~nder or upon the debt herrby secvred. No sa)e of the Fremises hereby mortgaged and no forbearance on the parf of ~he MORTGAGEE or its successws o~ assigns and no extenseon of the time for the payment of fhe debt hereby secured given by the MORTGAGEE or its successws or au;gna, s~wll operate ro release, d~uharge, modify ~hange or affect the original liabil~ty of the MORiGAGOR herein, either in whole a in part. . 10. It is speufically agreed thae rfine is of the essence of fhia confract and thaf no waiver of a~y obl~gat~on hereunder or of the obligstion se- cured hereby sha11 at any time thereafter be held to be a wa~ver of the terms hereof or of the instrument secured herby. 11- In add,tio~ to the forego ng monthly payments of princ pal and intzrest required by the prom~ssory ~o!e secured hereby, morigagor covenants ~~~d agrces to pay ?o mo-tgagee v~ith each monthiy pay~aent an add~rional sum esrin,ated by morrgagee to be equal to 1.:' 12 of the annual cos) of the follow- ~ A-All real property raxes levied or assess•_d against the above deuribed real estate. B-Premiums on i~re and windstorm ~nsu~arce as herein requ;red to be carried on the improveme~ts sit~ate o~ the above described premises. C-Premiums on such mortgage guaranty inzurar.ce as mortgagee shal! from teme to time deem fit to cany on the loan secured hereby. Mortgagee sha;i from time to time notify rtwrtgagar in writing of the amou~t due and payable hereundrr and such surn shatl thereupon be due and r~yable on the due ciate of the nexr month!y paymeM and each successive momh thereafter ur.til mortgagee shal~ notify mortgagor of a change in such a~.o~nt. Such wms sha~i be app?ied by mwtgagee toward the payment of rea! p~operty taxes, inswance prem:ums, and mortgage guaraniy inwrance p'emium3. IN ~YITNESS Y1HfREOF, the said MORTGAGOR has hereunto ut his hand and seal tne day and year first aforesa~d. Signed, Sealed and deliv ed in the prexnce of: V ¦~~a^---t w~ ~ ' (Seal) ' Sesl} SeaO STATE Of i RiDA ~ $t• j.UC16 COUNTY Of Before me personally appeared Yed F• AC~dmS e~ Dorris AC2d~S his wife, to me well known and known to r»e fo bt fhe individvals described in and who executed the fwegoing instrument, end acknow{et/ged before me that they executed the same for the purposes rherei~ express~d. And the said Dorris AC~.mS N~fe of the sa;d FYed F• AC~d1YS upon a separ~te and private exam;nation by me taken aeparate and apart from her said husbantl, acicnowledged to and befwe me that she executed said instruroer~ /r~y ~nd volure- r~•~ly and w~~hout any compulsion, constraint, apprehensi n, or fear of or from her said husband. • WIiNESS my hand and offidal seal this day of `J~K'` ..A. p, 19~~ ary Public in and , fhe Staf~ ~ id Le~e - Commission expires: ~ . Retum To: ; ~ First Federal Savings d. Loan Associat~o~ , ~~"~t.~' Of Furt P.erce J/ ~ Fo,~ P~erte, f.o,;da f ILEO AN r aECOaoEO , sT.~uc~E ,.aur+.Y Fu. . . NOGER PO~~RAS ~:~:4 ?:Y•'. CLERK CI:~.CU~T COUttt RfCnRO '1En?FtE~~ This Instrument Prepared By ~ RiChazd K. Kay ~ First Federa! Savings & loan Association 3 si PN 72 of Fort Pierce~ Florida 33450 Checked By~__ 231531 . ao~203 ~i~ , } . ~ ~ ~ ~ ~ `.~R~~ Y , = ~ _ u~;