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To p~ace and coniinuo~sly keep on the bu~:d~ngs now or hereaiter ~ituate on sa~d land and on a'~ cq.,ip:nent and personally covered by this mw ~ge, with all premlums tnerron E.a d~n fuU, t~re insurm~ce in ihe usual s~andard pot~cy iorm, in a s~~n aHpioved by the MOR~G.aGfE, and w~.~ds~o insuraoce in the uwal sTand.+rd pot.cy form, in a sv:n approvad oy the 1~1ORTGAGEE, in such co~npany or ca:»parr,es as +he ~AORiGAGEE direc~; a~d all fire and winJstctm ~nw~~nce poi~ues on any oi sa~d bu~id~ngs, any intere~t therem ~r ~:art ~hr~eoi, in ~he aggr~gate s~~n atoresaid in eacess ~hereol, ahall confa~n ~he ~sua~ a~a~~dard morTgagee ciause or auch mher cia~se as the Mor~gagee ~t~ay req~:ro, maMing the ~ess unJrr s.~~d po c~es, each and ~~e~y, payabie to sa~d AIJRTGAGEE as ~!s ~mzrest may appear, and each and e~e~Y su:h po::cy shall be promptly asig~~ad ar.d de:~~•<<ed ~ any held by sa~d MORTGAGEE as fur~her a:wriiy to se~d n,oit9ege debt, and, no~ leat than len (101 davs in adv~~ue o1 the e¦N~~at~on of each pol.cy, to d. Irve~ ro sa~d 610RiGAG[E d(8~1@K'3I thZreof, toge~her with a receipt ior the premium of wch renewa~; and there shall 6e no f~re o. wi~~dsto~~n inwranc placed on any of sa~d b~ild~ngs, any in~erest there~n or pan thereof, unlesa in the form and wi~h Ihe ~oss payab!e aa aforesaid; a~d in the eveM any sun of money becomes payable ~ndrr wch policy or policies sa~d MORTGAGEE shall have the op~~on w rece~ve and app'y the same on account of the indrbi~d ness sewred hereby or to permrt aa~d MORTGAGORS ro receive and uss it or any par~ th_rcof lur o:h•.rr pur~a:~s, v.~~i,o.:f th:~.u; w.:~.i ~~+~p~~' ing any eq~~ty. Gen o~ ~iyht under o~ by virwe of this mo-~gage; and in the event sa~d MORTGAGORS sha!I {o~ any reason fail to keep ihe sa~d pre~n~ses so inavred, or fail ro de~~ver promptly any oi s~id po~.cies of inswante to sa~d MORiGAGEE, or fa~1 promptly to pay fu~ly any p~e~~uwn therefor or in a~y respect iail to pe~form, dncharye, exewre, effect, complete, comply with and abide by this covenant, or any pnrt h~reof, se~d MORTGAGEE may piace a~o pay fo? such insw.~nce or any part thereof w~thout waiving or atfecling any option, lien, equ~ty, or Nght ~nder or by vntue oi th~s hlortgage, and the f~ll amount of each and e.ery such pay~nent sh,~ll be immediately due and payable and shall bear interest irom the dats thereof vn~il p~~d at the rate of n~ne pe~ centum per a~n~m and tu~rth~•~ ~nith such intr.est shal~ be secured by the lien of th~s mortgage. d. To permit, comm;t or suffer no waste, impairment or detrr~oration of said property or any part thereof. S. io pay all and singular the costs, charges and expenses, ir.clud~ng a reasonable attorney's iea and costs of abstracts of t~tle, incurred or paid at any tim.e by s~~d MORiGAGEE, beca~se or in the event of the failure on the pan of the said MORTGAGOR to duly, p~o:+~ptly and f~lly parform, d~scharge. =xec~re, effect, comp:ete, comply wah and ab:de by each and every the st~pula~w~s, agreements, cond~tions, and covenants oi said prom~;sory note a~~d this ~»o~tgage any'or e~ther, and sa d costs, charges and expenses, each and every, shall be immed~etely due and payable; whe~her or not there be not~ce dz mand, attempt to coliect or suit pend~ng; and the full amflum of each and every such paymem shali bea. interest from ihe date thereof until paid at the ~.,re o~ n~ne per cantum par an~~urn; and aH said costs, charges and ex~enses incurred or paid, together wuh wch ~me~est, shall be secured by the 6en of th~~ mortgage. 6. lhat (a) in the evenl of any breach of this Mortgage or default o~ the part of the MORTGAGOR, w(b) in the event a~y of sa:d sums of money herein refrrrrd to be not pro~r~priy and fulty paid w~thin th~rty l30) days next ai~ar the same severa'ly become due and payabte, without demand or ~otice. or (c) in thr evem each and every the stipvtations, agreements, condmons and covenants of sa.d promissory note and ~h~s mortgage any or either are nof iu~y, prompNy and f~lly performed, d.achmged, ezecuted, eifected, compteted, compiied with and ab~ded by, then in e:ther a any svch event the said ag ~regate sum mentio~~ad in sa~d promissory note thrn remaining unpaid, with interest accrued, and a~l moneys setured hereby, shali become due and pay- ao~a forthwith, or thereairer, at the op~ion of said MOR7GAGEE, as f~lly and completety as if atl of the said s~ms oi money were or~ginatly st~pu~ated ro be ~:d on such day, anything in sa.d pro:n~ssory ~ote or in thia Mortgage to the comrary nor.v~~hstand~ng; and ihereupo~ or tFxreaher at the opr~on of sa d MORTGAGEE, w~thout not~ce or demand, suit at law w in equity, thrrefore or thereaiter begun, may be prosecuted as if all moneya secured hereby n~d matured prot to ~ts insti:uhon. 7. That in ehe ewent that at the beginning of w at any time pend~ng any suit upon this Mo-tgage, or to foreclose it, or to reform it, o? fo enforce payment of any cfaims he~eunder, sa:d rhORTGAGEE shall apply to tha Court having ry:isd~U:on thereof for ~he appomtment of a Receiver, such Court shail Fcrthwith appo~m a rece~~rer of said mo~tgaged property all and singular, includ~ng all and s~~gular the income, p~olits, issues and revenues from whatever sc~rce de~i+ed, each and every of wh~ch, be~ng expressly undersrood, is hereoy mo.tgagrd as ~f spec~frcaUy yet fo~eh and dexribed in the g~anting and h.ibcndom dauses hereof, and such Receiver sha~f have all the broad and effective funct:cns and potivers in anyw~se emrusted by a Court to a Reteiver, and s~ch appointment shall be mede by such Court as an ad:nitted equity and a ma~ter of absolute r.ght to said MORiGAGEE, and witheut reference to the aci~_yu;ty or inadrq~acy of the value of the prope.ty mortgaged or to the so~vency o+ in;o:vency of sa~d ti10RTGAGOR or the defendams, and ~hat such re-,rs, prof~ts, income, issues and revenues shaf! be apptied by such Reteiver accord~ng to the lien or equity of sa~d MORiGAGEE and the practice of such Court. 8. To dufy, prompNy and fully perform, discharge, execute, effect, comptete, comply wi~h a~d abide by each and every the stipulations, agreemen:s, conditions and covenanrs ~n sa~d promiss~ry ncte and th~s mortgage se? forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the h10RTGAGEE, its s~ccessors and ass~gns, may, wifho~t notice to the MORTGAOR, deat with such successor or successor in ~nterest with reference to this •~~or~gage and the d_ut hereby secured in the same manner as w~th l.tortgagor without in any ~vay vit:ating or d~scharg~ng the fdorsgagors' liability here- ~.,nder or upon the debt hereby secured. No sale oi the Fren,~ses hereby mor~gaged and no forbearance on the part oi the lhORiGAGEE or its successors or ass~gns and no exrension oF the ttme for the payment of the debr hereby secured given by the MORTGAGEE or ~ts svccessors or ass:gns, a~~all operate ro re!ease, d~scharge, modify change or affect the orig~nal Iiab~Gty of the MORTGAGOR herein, either in whole or in part. 10. It is speuficaily agreed that time is of the essence of this contract and that no waiver of any ob~~gat~on hereunder or of the obligation se- cured hereby shali at ~ny time thereafter be held ro be a waiver of the terms hereof or of the instrumero sewred h¢rby. ' 11. In add.+~o, to the forego ng monthty payments of princ pat and interest required by the prom~ssory no!e sec~red hereby, mortgagor tovenants a~:d agr~es to pay to mortgagee ~nith eath monrhly pa~„~ent an add~r~onal sum est~:,~ared by mortgagee to be eGuai ~o l; 12 of fhe annual cost of ihe foilow- ing: A-All real property tax~~s fevied or assessed aga~~st fhe above describ=d real estate. B--0ren:;u~ns an fire and windstorm insurar.ce as here~~ requ;red to be carried on the ~mgrovements s~tuate on the above d~scribed p~emises. , C-Prem~~ms on such mortg~ge guaraniy ir.sura~~ce as mortgagee shall from t~me to time deem fit to carry on the loan sewred hereby. ! Mortgagee sh;~l from nme to K:ne nofify mortgagor i~ wrinng of the amount due and payable hereundar and s~ch surn shall thereupon be due and ~ ;,yabie on the d~e dare of the next n.omh!y oayment and each wccessive month thereaff~. ur.til mortgagee shafl not,fy mor~gagw of a change in such ~ a~ount. Such sums sFa:I be app:~ed by mortgaaae toward the payment of reai properry taxes, insurance p~em:ums, a~tid mortgage guaranty insurence ~ r~~emiums. ~ IN \'11TrlE5S `::HEREOF, tne sa~d MORTGAGOR has hereunto set his hard and seal the day and year first aforesa~d. ~ S~gned, Sea!ed and detiver in the presence of: ! 1~ iy`~~ ~ ~ /o ~Seal) - Ral ~ 5 es ~ !}-~~L~_~- l~l ~.Ylf~~ (Sea4 ~ _ _ T~farion E. Estes ~~aq TE OF FIORIDA 'DAPa ~ SS. COUNTY OF - I - Befwe me personally appeared Ra R~1 H. Estes snd ~~.1ilOt1 E~ riStES his wife, to me well known and k~own to ms t0 b~.. _ the individuais dexribed in and who executed the foregoing instrument, and acknowtedged before me that they executed the same fo? tfi~ pv?pOfes ~herein e:pressed. And the sa~d ~~rion E. Estes ~ h~fe of the sa~d - Ralp}] H~. ESt@5 , upon s s~pKate end pri17N ~ e=am~na+~an by me ta~en separate and apart from her said husband, acknowledged to and before me that she eaetuted said ins~rument hedy ant~ ~~ii+f- rar:ly and w~thout any comp~~sion, constraim, apprehenro w fear of w irom 'd husband. f,' ~ WITNE55 my hand and offiual seal this_ day of J~ ; A. 0..]9__.~;, _ ~ ~ Notary Public in and fw the Sta:e of F{aid~`~t lar9e ~ My Comm~ssion eapires: ` ~ Qet~r~ To: pF FLORIDA AT L~ ~ First Federal Savings 6 loan Assouat:o~ ~BU~ ~ ~ or F~.~ v~~~N MY COMM~ fRED WXDIESTRNCRST ~ 1l~3' ~ pNDED T . _ , FCrT F~~•rce. Florl~~j ~ fIIED ~EC4RDE~ ~ :T. WCi~ ~~UATY f~A. ~ Th~s Instrument Prepared By : J. H. ROberts~ 3i. RG:.= •%~"?AS i First Federal Savings & Loan Association CLEt+: ~ COURT ~ of Fort Pierce~ Florida 33450 Rf ~~~~f Checked By - ~ ~ 39 I~M ~ ~ Z ~ooK203 PAt~~S~ 231821 ~ . - ~ , z , _ ~ ~ r.. f _ r ~ . . ~~~'~,'~,.,~"~.s`~s~ . . . ~ _