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To place and coniinuousty keep on the bui'clings now or hereafter situate on sa~d land and o~ ai~ eq~ip~nrnt and persona~ly covered by this mw a~e, wlth all premiums thereon pa;d in full, f~re insurance ~n the ueuat staiwlard po~~cy form, in a sum approved by 1he MOR~GAGEE, and windsto ,nsurance in the usual sr,~ndard poGcy form, in a aum approved hy ihe MORTGAGEE, in such co~upany or to~npa~ies aa ~he h{ORTGAGEE m d~'eu; and all fire and w~oJsturm insurante policies on any of soid buildings, any interest the~ein or part thereol, in the agg~egate sum alo~esa;d ~n excaas ~hereof, s'~aU :ontain ~he usval sra~~dard mo.~gjgze dause or such oihc~ d~use as the Mortgagee may reyu:re, maA~ng ~he loss undrr sa~d po c~es, each and every, payab'.e ro said A10RTG.4GEE as ~~s ~m..vest may appear, and each and every avch po~icy shall be prompfly ass gned a~~d deGvered ~ iny held by said MORTGAGEE as iur~her secw~ty to said ~nortgage debt, and, not leu fha~ ten (!0? dars in adv~nce of the expirat~on of each policy, fo d. t~ver to said MORTGAGEE a renewal ~hereof, toge~hrr with a rece~pt fo~ thr prem~um of such renewa~; and ~here shall be no ine or „vindsto~m insuranc plated oa any of soid b~ildings, any inte~esl there~n or part thereof, unless in the form and wi:h the Ioss payabte as aforesa~d; and in the evertl any sun ot monQy ~«nes payabte undar wch policy oi poGues said MORiGAGEE shall have the opt~on to rec_~ve and apN!y the sa,ne on accoun~ of ~he ind~btad ~ ness setuted heteby O~ to petmit sa~d MORTGAGORS ~o receive and ute i1 W any part the;~of for o:i~~ r ~iU•'}'OS!'S. \YJ~16Jf Ih:r. ur w:i~i Cr cn~a~r ~~g any equ~ty, Gen w r~ghs under « by virwe of this mor`gage; and in the event sa+d MORIGAGORS sh~fl fo~ any reaso~~ fail to krep the sa~d premises so msured, or fail to deliver promptly any of said poGties of insurance to said MORTGAGEE, o~ fa~l promptly to pay fully any prennum therefor or in any respect fail to perfwm, discharge, execute, eifed, comp~ete, comply with ar.d abide by this covenant, a any part hereof, said MGRiGAGEE may place and pay for wch insvrance o~ any pa~t fherec,f withou~ waiving w affecting any option, lien, equity, o~ r~ght under or by vi~t~e of this Mortgage, and the !ull amount of each and every such paymeN shall be immediately due and payable and sfiall brar inferesl frooi the date the~cof until paid at the rate ot ~~~~~e pe~ centum per annum and toget~~~ with such intereat shall be x~cured by the lien of th;s mwtgage. ~ To pe~mir, commit or suffe? no waste, impairment or deterioration of said property o~ any parl thereof. . 5. To pay all nnd singular the costs, tharges and expenses, including a reasonable attwney's (ee and costs of abstracts of title, inturred or paid at any time by said MORiGAGfE, betause or in the event of 1he failure on the part of the said MORTGAGOR to duly, promptly and fut~y perform, d~uharge, a.ec~re, efTed, compiere, compty wah and ab;de by each and every the stipvlanons, agreements, co~d~tions, and covenants oi sa~d prom~ssory note and ~h~~ ,~ortgage any w either, and sa~d costs, charges and expenses, each and every, shal~ be immed~ately due and payabte; whether er not there be notice dz ma~d, attempt to co{te~1 or s~it pend~ng; and tha full amounf of each and every svch payment shall bear inte~est trom the date thereof until paid at the ? o° iiine per Ccniunl per annu:n; an~ all said costs, charges and ex;xnses incurred or paid, together ~v~th such interest, shall be secur~d by the lien of this mo: tgage. 6. That (a) in the eveM of any b~each of this Mortgage or defautt on the part of the MORTGAGOR, or (b) in the event any of said sums of'mortey t he~ein referred fo be not promptty and fully peid within thirty (30) days next aiter the sa.me severa;ty become due and payable, without demand or notice. ~ tc) in the event each and every tne stipulations, agreements, conditions and tovenants o1 sa.d promissory note and th:s mo~tga9e any or either are nol ~ i:,ty, promptly and fully pe~formed, d:scharged, eKecuted, eflected, compteled, complied with and ab~ded Sy, then in e~ther or any such event the said ag- ~-c3ate sum mentior.~d in said promusory note then remaining unpaid, with interest aar~ed, and ad moneys secured hereby, shatl become due and pay- e~.e for~hwith, or thereairer, at ehe opt~o~ of said MORiGAGEE, as fuUy and compfetely as iF all of the sa~d s~ms oi money we+e w~g~nafly st~puiated ro be pa~d on Such d.:y, anything in sa:d pro~nissay note a ir ihis Morfgage to the contrary notw]thstandf~ig; and thereupon or thereafter at the op~~on of s:ld MORTGAGEE, witnout norice a demand, sui~ at law or in equity, therefwe w thereafter begun, may be prosecuted as if all rtaneys secured hereby n_d matwed pnor fo ~ft instifution. 7. 7hat in the event that af the beginning of w at any time pending any suit upo~ this Mortgage, or to foreclose it, or to reform it, o? to enfor~e ; ;..~yment of any claims he~eunder, said MORTC,AGEE shall appiy to the Coun having junsd~aion thereo} fw Ihe appo~niment of a Recetver, such Courl shail 1 f~~rhwith appoint a receiver of said mortgaged property al! and singulat, indud~ng aFl anr! singular the income, profds, issues and revenues from whatevar s:.rce derived, each and every of wh~ch, it being expressly understood, iy hereby mongaged as if spec~fically set iwth and dexribed in the g~anting and i;bendum cla~ses hereof, and wch Receiver shail have a11 the b~oad and effective funchons and powers in anyw~se entrusted by a Court to s Retziver, and , s._h appoinrment shail ~ made by wch Court as an admitted equity and a matter of abso:u~e right to said MORTGAGEE, a~ without reference lo the , ,d_q~aty or inadequacy of the value of the property mortgaged or to the so;vency or inso!vency of said MORIGAGOR or the defendants, and that such r_~ ~rs, profits, incane, issues a~d reven~es shalt be apptied by svch Receiver according to the lien or equity of said MORTGAGEE and the practice of such ~ 1_J:Jft. B_ To du1y, promprly and fully perform, di~charge, execute, effect, complete, compty with and abide by each and every the stiputationt, agreements, ; :onditions and covenants in sa~d promissory note and this mortgage :er forth. ~ 9. 7hat in the evenf the ownersh~p of the mortgaged premises, or any part fhereof, becomes vested in a person other than the MORTGAGOR, the :OQTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal w~th such successor or successot in interest with refere~ce to this ~ ~ o•~gage and the deb~ hereby sec~red ~n the same manner as with hRortgagor without in any way vit;atiog w d~scharging !ha /Nongagois' liability here ~,r:der or upon the debt hereby secured_ No sale of the premises hereby mortgaged and no forbearance on the part of the lJIORTGAGEE or its successws e• assigns and no extension of the time iw the payment of the debt hereby secured given by the h10RTGAGEE or its successors w ass:g~s, a~ialt operate ro re+ease, d~scharge, modify ttiange or affect the o~iginat liab;lity of the MORTGAGOR herein, either in whole or in part. 10. b is speuficaUy agreed ihat time is of the essence of th~s contract and that ~o waiver of any obHgat~on hereunder or of the obligation sr ± :~_red hereby shali at any time thereafter be held to be a waiver of the terms 1~ereof w of the instrument secured herby. 11. In aad:tio~ to the forego'ng month!y paymsnts of princ'pal and interest required by the p~om~s;ory no!e secured hereby, mortga~or covenants ~~,d aqrees to pay to mo-tgagee ~s;th each menthly payr.ient an add~rional sum estimated by mortgagee to be eqval to 1;"12 of the annual cost of the foliow- ~ . i A-All reaf µroperty taxes lev~c~ or assessed agai•ist the above described real estate. ~ B-Pr~n:]~~ns on fire ar.d windstorm insurar.ce as herein requ~r~ to be carried on the [mprovements situate on the above dssuibed premises. j C-Premiums on such morrc~;ge guaranfy ir.wrar,ce as mvrtgagee shall from time to t~me deem fit to carry o~ the loan secured hereby. ; Mwtgagee stia~l from ti~ne to ti:ne ~otify mortgagor in writing of the amount due and payable hereundar and svth sum shall thereupon be due and ~ ._:abte on rhe due date of the next momhty oayment and each svctessive month thereaiier ur.tit mortgagee shatl notify mortgagor of a change in such ; -ount_ Such surns sFa:l be a~p!ird 'oy mortgagee toward the payment of reat propeny taxes, insurance prem:ums, a~id mortgage guaraMy insurance ? • i~ m i vrtfS. - IN Y'~lTNESS ':JHEREUf, the sai MORTGAGOR has hereunto set his hand and seal the day andyear first aforesaid_ ~ ` ,''S~ ive n the e oF: ~ 'i - Max L. n . s~~q cs~a~~ ~ if ness' . " 2 t v~-.-~ ~Seaq ~ _ _ ` _ oanne M. ErFrin (sean ~ s; a7F ~ fec~~ie~ - i~rg-inia ~ GZ~ a couanr oF ~ . _ , ~ . B~fxMe! me,personal(y appeared M3X L• 1:I'it~ll ~ snd ? _ ' Joanne M. E'~in E his wife, to me well known and known fo me to be ; 'he ir.dividuals described in and who executed the foregoing instrument, and xk EI~~ be(ore me that they executed the same for the purposes g Joanne M. a rh-,~e~~ expressed. And the said__ - r::.`e of the said ~X L• E2'Ii~j1 upon a separate and priv~te e~a-n~nation by me taken separate and apart frorn he~ said husband, acknowledged lo and before me that she ezecuted said instrument freely and voluo- ~~+i:y and wrthout any compu~sien, constralnt, apprehens n, w fpar of w from her said husband. WITNESS my har,d and official seal th~s_ day of ~ D. 19 ?2 ~~j ~r ~ Notary P~bGc in and for the State of l~b+++~arge My Commission expirei: ~ " 8 Return To: . ~ First Federal Savings 8~ Loan Aswciat~on Of FoN P e:ce. ~i~/ti ~t'.~J$~ti~ ~'!h`t$ ~i:~ ~~1~ -4, 191~ Fort Pie•ce, Fl~r;da i ~Ep~ Mo R~c~a~Eo IE CO N Y lA. This Instrument Prepared By J. H. Robelt'tS~ JT. ~OCEit P~~tRAS First Federal Savings & Loan Association CtERit C1RCU~1 ~W~j ~ of Fort Pierce~ Florida RECOR~VEA1f1E0~ Checked By ~ ~ ~ , b R 233194 600K ~O~ PAGE ~t~ ~ _ ~ 1s ~N~a..~..~~- _cKi.°.^~.` ~ .v ,z ~ ~ .y ' ~ -s _ . . . . 4 R4+~~`~` ",1~~