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To place and contin~o~sly keep on the bui!d~ngs now w hereaf~er aituate on sa~d land and on ati cq~~p~ne~t and personally tovered by this mor ege, w~th all premi~ms thareo~? pa~d in }ull, f~re insurance ~n ~he ~aual s~andard pof~cy form, i~ a sum aFproyed by the MOR'~lsAGfF, and w~~~dsto ~~sura~ce in the vsual sranda~d pol:ty fa~n, ln a sum approved by ~he MORTGAGEE, in iuch co+r~pany or compan~es as ~he MORTGAGEE m d~rect; anJ all firo and w~nJstorm insurance po~icies on any of said build~ngs, any interest th~rein or part th~reof, in the aggrega~e w~n aforesa~d in excess thereof, shaU contain ihe usuai standard n~wrgagee ciause or such o~he~ clause s~ fAe origagee may reyu~re, maAing ~he loss unJr+ sa~d po des, each and every, payab!e to sa~d AIORTGAGEE as ~ts imrrest may appear, and each a~d eve~,~~th po:~cy shaU tx promp~ty ass gned and de~~vared ti any hetd by sa~d MORfGAGEE as funher secu~~ty ro aa~d mw~gage debt, and, not Ies~ than ten (IO) days in adYance of the eapi~at;on of eech pol~q, to d~ I~~er to said MORTGAGFE a renewal ~he~eof, togeiher with a receipt fw thr premium of such ~e~~ewa~; and ~hr~e s~wll bz no f~re or windsio~m insuranc ptaced on any of said buitdings. any intzrest the~ei~ or parl thereof, unless in the iorm and wi~h the ~oss payable as aforasaid; and in the evenf any sun of money becomes Fayable under such poticy or poGcias said MORTGAGEE sh3ll have the opt;on to receivc and apply Ihe same on accovnt of the indebtrd ness secured hereby ar to permit se~d MORTGAGORS ?o receive and uss it or any part thzreof io~ o:i~_~r HurF os_•s, ~~,~~ho~t ~hr•~ ur .v.:~~: ~3 c~ unpuir ing any equity, lien o~ ~ight under or by virtue of this mp:tgage; and in the evenl sa~d MORTGAGORS shall ;or any reason fail to keep Ihe said premises so insured, or lail to delive? promptly any of said polities of insurante ~to said MORTGAGEE, o~ fa11 promptly to pay tuily any pr~m~um thcrclor or in any re:pect fail to pe~fo~m, discharge, execute, effect, complele, comply with eod abide by thia covenant, or any part hareoi, said MORTGAGEE may piate a~~d Fay for such inw~ance or any part thereof wahout waivirg a aifecting any apt~on, lien, equ~ty, or r~gM unde. or by v~:tue oE ~h~s Mortgage, and the +ull smount of. each and every such payment shall be immediately dve and payable a~tid shall bear interest (rom the date :hereof un~il p~id at the rate ot n:ne per cent~m per annum and to~ether with such interest shaii be stcured by the tien of fhis mortgage. 1. To permit, commit or sutfe~ no waste, impairment or deterioration of said property o? any part thereof. 5. To pay all and singula~ the costs, charges snd expenus, including a reasonable attorney's fee and costs of?abst~acts of title, incurred or paid at ~ny time by said MORTGAG:E, becauu or in the event of the failure on the part of Ihe said MORTGAC{JR to duly, promptly and fu~ly perform, d~sthargr. ~ ~xecute, efiect, compie~e, comply wnh and ab:dr by each and every the st~pular~ons, agreemenrs, cond;~~ons, end covenants of sa~d promissory note and ~i,~s ,,,oregage any or e~ther, and sa:d costs, charges and expenses, each and eve?y, shall be immediately due and payabte; whether a rtot there be notice dr ~ r.ian~, attempt to collect o~ suit pend~ng; and the ful! ar.wunt of each and e~ery such payment shaii bear inreresr from the date theieof unril pa;d at ~he r, re oE nine pei crnrurn pcv ann~m; a,w~ all said cos~s, charges and ezpei~ses incurred or paid, together w~th such inteiest, ahall be tecured by the lieo of this mortgage. 6. Tha1 (a) ~n the eve~t of any breach of this Mortgage w default o~ tM part of the MORiGAGOR, or ~b) in the evenf any of sa:d sums of money here~n referred to be not promptly and fvlty paid ~v~rhin th„ty (30) days next afrer ~he same severa!:y becorne due a~d payable, without demand or notite, cr (c) in th2 event each and every the stipulatiorts, agreements, conditions and covenants ot sa d pr~rziissory note and th~s mortgage any w either are not iuty, promptiy and fully per(ormed, d;scharged, executed, efiected, comptered, compl~ed wirh and abided 5y, then in either w a~y sucfi event the sald ag ~-egate sum mentioned in sa~d promissory note then remaining unpaid, with interesl accrued, and a11 moneys secured hereby, shall become due and pay- _ ao;e forthwith, o? thereafter, at the option of sa~d h10RTGAGEE, as fully and compietely as i( at( of tl~e sa~d sums of money were or~gina!!y st~p~7ated • ro be pa:d on such day, a~yrhFng in sa:d p~o:»;sswy note w in this Mortgage to the contrary nonvithstand~ng; and ~hereupoo w thereafter a~ ?he oprion of sa:d MORTGAGEE, witnout notice or demand, suit at law or in equity, therefwe or thereafter begun, may be prosecuted as if ali moneys secured hereby n~d matured pnor to ~ts institution. 7. That in the event that ar the beginntng of or at any time pend~ng any su~t upon this Mortgage, w ta faeclose it, or to reform it, or to enforce payment of aoy claims hereunder, said MORTGAGfE sha:~ apply to the Cou~t having ju~isdidion the~eof for ~he appo~ntment of a Receiver, such Courf shail Fo~thwith appoint a receiver of said mortgaged prope~ty atl and singu(ar, inctud~ng atl aod singutar rhe income, profits, issues and revenues from whatever scurce darived, each and every of wh:ch, it being expressly understood, is he~eby mortgaged as if spec~iicalfy set fath and destribed in the granting and ~ 1~;::endum clauses hereof, and such Receiver shall have all the broad and effective f~nct~ons and powers in anywise entrvsted by a Court to a Receiver, and ~ s_:h appoi~tment shafl be made by such Cov+t as an ad~nifted equity and a matter of absolure right to said MORTGAGEE, a~d withoul reference to the aci~quacy or inadeqvacy of the value of the property mor~gaged or to the so~verxy or ~nsolvency of sa~d MORiGAGOR w the defendants, and that such renrs, profits, incane, issues and revenues shall be apptied by such Receiver accordmg to the liert a equiry of said MORTGAGfE and the practice of such Ccurt. 8. To duly, promptty and fully perform, discharge, execute, effect, complete, comply with and abicle by each and every the stipufations, agreements, conditions a~d covenants in sa~d promissory note and this mortgage set forth. 9. That in the event the ownership of t::e mortgaged premises, or any part thereof, ~ecomes vested in a person other than the MORTGAGOR, the .•.ORTGAGEE, its successo~s and assgr.s, may, without not~ce to the MORTGAOR, deal with such successa or successor 7n ]nterest with refe+ence to this mo~igage and the deot hereby secured in the same manner as with Mortgago. without in any way vit~ating or d~scha~ging the Marrgagors' Iiability here- under or upon the debs hereby secured. No sale of the premises hereby mo~tgaged a~d no f~rbearance on the part oi the f~IORiGAGEE or its sutcessors or assigns and no exrension of the time tor the paymen~ of the debt hereby secured given by the MORTGAGcE or its successors or ass;gns, ahatl operate ~o re~ease, d~scharge, modify change or aftect the orig~nat liabitity of the ARORTGAGOR herein, either in whole or in part. 10. It is spec~fi~alty agreed rhat t~me es o! the esunre of this contract and tha~ no waiver of any obligation hereunder or of the oblgation se- cured hereby shatl at any time thereafter be held ro be a waiver of the terms bereof o? of the instrument secured he~by. 11. In add,tlo~ to the fo:ego ng month`.y paym~NS of pri~c'?al and interest required by the prom~s>ory note secured hereby, mortgago~ covenants 1^d agr~es to pay to mo:tgagee wrrh each monrh!y payatent an add~rional sum esr;,~:ated by mortgagee to be eqval to i, 12 of the an~~ual cost of the follow- A-All rea! propeHy taxas tevied or assesc=•d agai•ist the above described real estate. B-Prem~ums on fire and windstorm insurar.~e as hereip rrqv;red to be carried on the improvements s~tuate on ttie above d~scribed premises. C-Premiums on s~ch mortgc.ge guaianty ir.surance as mortgagee shaN {~om. rtme to time deem fif to carry on the loan secured hereby. ; Mortgagee sha:l from ?ime to t~me not;fy mortgagor in writing of the amou~t due and payab:e hereundrr and such sum shail thereupon be due and :~;ab1e on the ~ue aate of ~he next m~nthiy payment and each successive month thereafter until mortgagee shall notify mortgagor of a change in such • wnt. Such wms sha:i be app:~ed by morrgagee toward the paymertt of rea! properry ta:es, insurance prem;ums, and mortgage guaranfy insurance :?•emiums. IN \'~17NESS tiYHEREOf, the said MORTGAGOR has hereunto xt his hand and seal the day and year irs~ aforesai ~ Sig~ed, Sealed and delivered in the presence o!: ~ /C~~~-~~~~ - _(Seaq _ .?o ert L, parrish (seaq (Seaq _ ielers * rrish (~a~) 5 i E OF FLORIDA ~ ~ ~ St. LUCiP ~ CvUNTY OF ~ eefore me perwnally appeared robert L. Pa r ri sh a~ i i n 1 nr~ 7~ s~ r r i~ h his w~fe, fo me we!! Artown a~d known to mr to ba tha individuals described in and who executed the fwegoing instrument, and acknowledged before me that they executed the aame for tt?e purposes ~ lCCrei11 expressed. And the said f:~'1 PTI . Qa rr i sh lvife of the sa~d : t~nbf'rt I,. ;~l'"I"1Ch upon a separafe and private e.aminat~on by me taken separate and apart from her said hvsband, atknowiedged to and before me ~hat she executed said instrument freely and volun- ranty and w~thout any compulsion, cor~straint, apprehens~on or fear of w r her said husband_ • WITNESS my hand and official seal th~s d of J~ly q.'p. ~q Notary PubGc in a~d for the Sta Eloticls ryt - # Return To~ My Commission expires: t~~jk {r;^~ c-, ~t FLOs~~nA ai LAR'~4 First Federal Savings d~ loan Association MY CQtii•.;~~:$1~'•i3 ,~eFt""S ^~u. 23. 1?%7 Of io~t P~erce. gunded 7ht~ i>xr.tia: I~surar.ie Jr.duroi~A. fort Pi_rce, Flosida . ~uciF o~i r°~r ~i~i, ~ ` , ~ ~ This Instrument Prepared By tohn . C~2 2 ir~ERK~C ~CUIT CAO RT ~ , ra~ ~ First Federal Savings & Loan Association ItECORD VERIf1Ee~ _ of Fort Pierce~ ~ n r i~'. : Checked By,~__ ~ J~ 11 3 0~ PM'~t ~ : 233201 ~ ! ~ ~~0~204 PAGE 544 's ~ : _ ~ ~ .t . ~ _ : ~