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To place and continuou:ly keep on the bui'd~ngs now o~ ~ereaitet situate on sa~d land and on a~l equ~p~nenl and per~onally tovered by this mo~ ege, w~ih all p~em~~mi tF~rreon pa d m futt, i~re inture•xe ~n ihe u~uat standard polity form, in a sum aHpro~rd by Ihe MOR+GAGfE, and w~~~Jato ~rsuronca in tha usual srandard po..cy fo~m, in • s~m app~o+ed by the MORTGAGEE, in such company or COmpd~iel a~ the 1~102ivAGEE m d~recr, and all lire ar.d w~ndstorm ins~rance poliues oo any of aa~d build~ngs, any interest Ihe~ein or part thereo~, in the aggrrgate tum aforesa~d ~ in excess thereof, ahall cuntoin ~he usual sta~tdard mortgagee cJauu or such othe~ Nause as the Mortgaqee may ~eyu~re, ma?~ng tha ~oss ~ndrr ~a~d p~ ' c,es, each and every, payab'e ~o sa~d AtORTGAGEE as i~~errst may appear, and each and eve~.y such po~~cy shall k~ pron,prly assgnrd a~~d de~~vvrcd : ; an~ heid by sald h10R(GAGEE as further security to said mortgage drbt, and, not less than ten (101 days in ad;ance of the e~~uat~on oi each pol;cy, to d. i~ver to so;d MORTGAGEE a ien~wat thereof, together wi~h a rece~pl for ~he premwm of such re~~ewal; and there aha{I he ~o f:re or w~ndslo~m inwranc placed on any of sald bui!d~ngs, any interest therein or part thareof, unteas in the form ar~d wi~h the loss payab!e as aforesaid; and in the event any sun of money becanes payab.'e under suc~ policy or pot~cies said MORTGAGfE shall have the opt~on to recrive and app!y tl~e same on account of the indrbt~d n~•ss secured hereby or to permit sa~d MORTGAGORS to receive and use it w any part the:eof ior o:i,•:r ~:ur,.os<•s, ..~nc~.,t ~h,•.~f •.v~~.~.:~ ~•:~p..i~ ~~9 any equ~ty, I~en or ~~ght under or by virtue of this mor:gage; and in ~he event aa~d MORTGAGQRS sha!! .or any ?eason feil to keep ~he sa;d prem~s~-s so ,nswed, o~ f~il to deiiver promptly dny of saicl poficies o) insurar.~e t0 sait~ MORTGAGEE, o~ {ail promptly lo pay f~l:y any premw~n Iherefot or in dny respect fail to perform, discharge, execute, effecl, compiete, comply with and abide by thh covenanl, o+ any part hrreof, s+id MORivAGEE may piace a+"d p~~ ior such insur.,nce or any part thereof withouf waiving or aftecting any option, lien, equ~ty, or ri~ht unde~ o~ by virtue of th~s Morrgage. and the t~il mnount of each and e.e~y such payme~t shall be immediately due and payable and shall bear interest from the date thc~eof uivil paid at the rate of ~~~ne per cemum per ann~~n ond to~ethcr with such interest shaii be srcured by the lien of th+s mortgage. 1. To permi~, commit or suffer no waste, impairmeni or deter+o~ation of said properiy d any part the~cof. 5. To pay aJl and singular the cos~s, cha~ges and expenses, incfuding a reasonable attwney's fee and costs of abs?rads of title, incurred or paid a1 a~~ t~me by said MORTGAGEE, because w in the event of the fallure on the part of ~he said MORTGAGOR to duly, pranptly and fully perform, d~scharge. ~¦ccute, etfect, comp;ete, compty w~th and ab:de by each and every rhe stipu~ar~oris, agreemen?s, conditions, and covenants of sa~d p~omi>sory note and ~his ,:ortgage any ~r e~ther, a~,d sa:d costs, charges and expenses, each and every, shall be immediately due and payable: whe~her w not thrre be notice da ~•~and, attempf to co~:ect or suit pend~ny; and the full amount oi each and every such payment shalt bear inrerest from ihe date thereot unril paid a~ the u~ n~ne pe~ t~•nt~.n ~:r~ su„u:n; ond a~l said costs, charges ai~d exprnses incwred or paid, ~ogzther weh suth interest, shall be secured by the lien of th~s ~ mor tgage. 6. Tha~ (a) in ~he event of any breach of this Mortgage or default on the part of the MORTGAGOR, or (b) in the event any ot sa:d eums of money F.cr,-in referred to be not promp`iy and fully paid wi~hin th,rty (30) days nert after the same seve~aliy become due and payable, without demand or nahte, ic) in the event each and every the stipuia~ions, agreements, conditions and covenants of sa:d promissory note and th~s mortgage any or either a~e ~ot i.,~r, promptiy and (~tly perfonr.ed, d.stharged, ezewted, effected, completed, compi~ed wifh and ab~ded Sy, then in e~ther or any such event Ihe sa~d aq- ~ate sum menrioned in said promissory nute then remaining unpaid, with i~terest accrued, and aU moneys secured hereby, shall become due and pay- . e:; forthw~rh, o+ thereafter, at the op~ron oi said MORiGAGEE, as fully and comple~e~y as if ail of ~he said sums of money were ong~na!!y sr~p~lated ~ ro b~~ pa.d on wch day, anytheng in s~.d prom~sswy note or in this Mortgage to the contrary notwithstanding, and there~pon or thereafter at the opuon of s•.d MORTGAGEE, w~thou? not~ce or demand, suit at law w in equity, therefore or thereaiter begun, may be prosecuted as if all moneys setured hereby c,~ matuted pnot to ns institution. ~ 7. Thar in the event that at the be3inn~»g of or af any time pending any suit upon this Mortgage, or to faeclose i!, or to reform it, or to enforce payment of any claims hereunder, said A10RTGAGEE shal~ apply to the Court having jur~sd:ct,on thereof for the appomtmem of a Receiver, such Co~rt shail icrthwith appo~nt a re~eiver of said mortgaged property a(I and singutar, incfud.ng ail and singular the in[ome, p~oldi, issues and reven.,es fiom whatever s; r.ce derived, each and every of wh,ch, it 6eing expressty understood, is hereby mortgaged as if spec.fitatly set forth and dexribed in ~he granting and !~i:endum cia~ses hereof, and such Receiver shall hava al! the broad and effecr;ve funcnons and power: in anyw~se entrusred by a Co~rf ro a Receiver, and s:t, appoir.rment sha71 be made by wch Cowt as an admitted equity and a matter of abso(ute r~ght to said MORTGAGEE, and withc~t refererxe to the ~.'.=:~uecy or inadeq~acy of the va!ue of the property mortgaged or to the so,vency o+ insolvency of said•MORiGAGOR or the defe~dants, and that such ,!s, proi,ts, inco,ne, issues ard revenues shall be appGed by wch Receiver accord+ng to the lien or rquity of said MOATGAGEE and the practice of such Court. i i 8. To duly, prompt:y and fully perform, d~scharge, execute, effect, complete, comply with and ebide by each and every the stipu;at~ons, agreements, _or.ditions and covenar.rs m sa~d prom~ssory note and this mortgage set forth_ 9. That ir. the event the owr.ership of the mortgaged premises, or any part thereof, 6etomes vested in a person other than the MORTGAGOR, the 4 JRTGAGFE, its successcrs ar:~ asslgns. may, witfiout nof~ce to the ~~".ORTGAOR, deal w~th such successor or wccessor in interest wi+h reference to this ~ ~~tgage and the debt hereoy secured in the same manner as w~th :4lortgagor without in any way vit:ating or d~scharg~ng the Marrgagors' tiability here- ? :<de~ or u~+on the debt heceby secu~ed. No sa!e of the prem~ses hereby mortgaged and ~o forbearance on the part of the MORiGAGEE or its wtcessors ass~gns and no exrens~on of the t~me for the payment of the debt hereby secured given by the MORTGAGEE or its wccessors or ass~gns, ai~all operate ; ~o re~ease, d:scharge, mod~~y char.ge or affecr the original liab+l~ty of the MORTGAGOR here;n, either in whole or in part. 10. It is spec~fica!!y agreed rha~ fh»e is of the essence of this ,contract ared that no waiver of any obf~gat~on hereunder w of the obligation se- co~ed hereby sha~i at any time rhrreafrer be he!d to be a walver of the terms herc-o4 or of the instrument sew~ed herby. 1 i. In add.r.on to the fo~ego ng month•.y payments of princ pal and interest regulrrd by the prom sso~y nore secu•ed hcreby, mortgagor eovenants • d ogr~es to pay to ma-tgagee nirh each monthiy payr:~ent an add~riona! sum est:n~atrd by mortgagee to be equal to l, 12 of t;:e annuat cost of the follow- ~ A-AII real propcrty tax~s lev~~.d or assessed against the above descr;~^d reaI estate. i B-Fr:~.::u~ns o~ i~+~ ar.d w~ndsto:~n insuracce as nerein requ~red to be carr.ed on the ~mproveme~ts s~tuate on the above d_scribed premises. ~ C-Prem~vms o~ wch mor;gage guaranty ir.svra•;ce as mo•rgagee shal! fro-r t~me to tLne deem fit to carry on the loan secured hereby. ~ hlortgagee s~1e 1 frcm n~~:e to time not~fr mortyagor in wreting of tFe am.oum due and payable hereund~°r and such sw~ sha!i thereupon be due and = .~ble on thr due date of ~h= next mor.th:y paym,;m and each s~ccessive month rhereafter ur.tii mortgagee shall nor.fy morrgagor of a change in such ?unt. S~ch su:ns s~ a i i:e app';ed by morigagee tohard the payment of rea~ property taxes, insurance prem,ums, and mortgage guaranty insurance . "t"Tl l V TS. IN Y~ITNESS :.'HEREOF, the sa~d MORTGAGOR has hereunto set his hand and seal the day and year firs- t aforesaid. Signed Sealed and deliver~ in the preserxe of: I i / ~•~r - ~s~so ~ - . ~rol d F ~ B1"Qwn , «s,~ ~J`'.~-..-~.~ ~ }~tsea~~ Deanna C. Brown ~~s~~ 5 ~ ATE OF flQR?DA ~ ~JUNTY OF Sri. LUCl@ Before me personally appeared HaroZd F Brown a~ , D6&T1Tla ~'i . Brown his w~fe, ro me weU known and known to me to be !he ind~viduals descr~bed in and who ezecuted the foregoing instrument, and acknowledged before me that they executed the same for the purposes the~ein expressed. And the said Deanna C. BI'OWTZ ~:~`e of the sa~d _ Hsrold Brown , upo~ a separate and privste e•aminatton by me taken separate and apart lrom her said husband, atknowtedged fo and befote me that she exetuted said instrument freely and volutr '~•~~y and w~thout any mmpulsion, constraint, appre s~on_, /or fear of or from her said husband. WITNESS my hand and offidal seal th~s__ ~~~C.~ • day of Jung ~ A. D. 19~ s Notary Public in a for the St of fbr' et'Lr9e ' My Comm~ssion expires: " Return To: ';f•T!~?Y Ft'_::~~. ~(1 p! !!'3SQA .3l~Ruf First Federal Savings S loan Associat:on ~,~y ~~•r•,~~~c~.,•! ;Y;•nM1~ ~ ~ CfC. ZA. 1SW3- Of Fo~f P:erc?. Bonded lAru (,~n~.~,l I~t ~ • ~ - S~~'xlce Un~cnrjilytfa.' Fort Pi~•rce. ftcnda ' ~ ~ • - • • ? fILEO F'~G~ROEO $T.LUC•~ ,.~U4Tr fLA. F"vi.~ . ' 'Ra5 ~C This Instrument Prepared 8y Richard K. K8~e8 ..JURT First Federa! Savings 8. Loan Association _ ~ of Fort Pierce~ Florida p~G~ ~ E~ Checked By J~~ 3 I i4 PM ~~l oR c~ "~f~f 23~624 ~ BoCx~~J PAGF~ !J 1 ~ ~ x - .b.~~' .,..~s ~ _y._~ . .x a._ ~ . _ - • ~ ~-u~ t