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To place and co~tinuously keep on the bui!d~ngs now w hereafter sitvate on said land and on all equip~nent and personalty covered by th;s mor age, wilh at! pren~iums thereon pa~d in futl, fira insurance in the us~al standard policy form, i~ a sum approved by the MORiGAGEE, and w~ndsto ~nsurance in the usual standa~d pol~cy fwrn, i~ a sum approvcd by ~he NIORTGAGEE, in such c«.,pany or co~npan~es as the MORTGAGEE m d~rec~; and al) fire and w~ndstorm insurance poGues on any of said buifd~ngs, any ~hterast therein oi pa.l thereof, io the aggrega~r sum aforesa~d in exces~ ~heieof, shaU :on~a;n fhe usual standard mor~gagee dause a such other dause as the Mwtgagee may requ~re, maMing the toss under sa~d po c~rs, each a~d every, payable to :aid MORTGAGEE as its interezt may appea~, and each and every such poiicy st~all be promptly ass gr.ed and delivared ~ any held by said MORfGAGfE ss further security ro said mw~gage debt, and, not feu than te~ UO) days in advance of ~he expirat~on ol each pol~cy, to d. • Gve~ to said A10R1GAGEE a renewal ~hereof, toge~hrr with a receipt fa ~he premium oi such renewal; and ~hrre shall be no f~re or windsto~m insuranc ; r pfxed on any of sa~d builJ~ngs, sny interest ~herein w part thercof, untess i~ the form and wi~h ~he loss payabte as aforesaid; and in the evenl any sun of money bccomes payable under wch poliq or policies said MORTGAGEE shall have the opt;on to receive and apply the same on accou~~t of the indebted nrs: secured hereby w to permit sa~d ~AORTGAGORS to ~eteive aod use it a any part tiwreof for o:i~_•r p~rposes. .v~rt~c~t th:r<u~ .v.:i.ia3 cr unp.,~r ~ ' ~~g any eqv~ty, lie~ w right uode+ a by vinue of this mo:!gage; and in the evem sa~d MORTGAGORS shall fo+ any reaso~ fail to keep the sald prem~ses so insured, o? lail to deliver promptly a~y of said policies of insuronce fo said MORIGAGEE, or fail ptomptly lo pay lulty any pre~n~urn therefor or in any respect fail to pe~form, discharge, exec~te, ef(ect, comptete, comply with and abide by this covenan~, or any part hereof, said MORTGAGEE may plsce and p~y fw such insurance a any part thereoi wisFw~t wsiving w affecting any option, lien, eqvity, or right under w by virtue of this h1o~~gage, and the f~ll amount oi each and every such payment ahalt be immediately dve and payable and shall txar i~teresr from tha date thereoi unti! paid at the rate ot n~ne per ce~tum per annu+n ~nd ro~ether with such interest shali be secured by the Gen of this mortgage. . 1_ To permit, commit or suffer no waste, impairmem w dete~ioration of said properfy w any part thereof. S. To pay all and singula~ the costs, cha~ges and expenses, including a reasonable at~uney i fee and cos~s of abstracts of title, incurred or paid at any tlme by said MORTGAG:E, because or in ~he event of the fa~fure on ~he part of ihe said MQRTGAGOR to duly, promptly and fully perfwm, d~xharge. =xecute, effett, complete, comply w~th and ab:de by each and every ~he stipulaiiona, agreemcnts, cond~tiona, and cove~ants of u~d pro~nissory note and ~h7s ~moregage any or e~thcY, and sa~d costs, charges and expenses, each and eve~y, shall be immediately due and payabfe; whether or not there be ~otKe do- rnand, a~tempt to collect or suil pend~ng; and the (ul! amoun! of each and every svch payment shatl bea? interes~ from ~he date thereof until paid a~ the r.~re ~i ~zine per czntum per annum; a~w' all said costs, charges and expenses incurred or paid, together w~th such interast, ehall be secured by the lien of thi~ moctgage. 6_ Tnat (a) in the event of any breach of th~s Mortgage w defaulf on the pa» of the A'ORTGAGOR, w(b) in the event any of sa:d sums of money herein referred to be ~01 promprly and fully paid wi~hln thirty (30) days next after Ihe same severafly become due and payabte, wifhoul demand or notice, or (c) in ihe event each and every the stipulations, agreements, cond~tions and covenants oi sa:d promissory ~ote and th~s mwtgage any or ei~her are nol l~ly, promptly and i~~ly performed, d~scFwrged, executed, effected, completed, compGed with and ab~ded ~iy, lhen in either w any such eveM the said ag gregate sum mentioned in said p~omiuory note then remaining unpaid, with interest actrued, and all moneys secured hereby, shalt become due and pay ab:e forthwith, or thereafter, at ~he option of said MORTGAGEE, as fully and comptetely as if all of the said sums of money were a~ginally stipulated to be pa~d on such day, anything in sa:d promisswy note or in this Mortgage to the contrary notwithstanding; and ~hereupon w thereafter at the op~ion of s~:d MORTGAGEE, without notite or demand, su+t at law or in equity, therefore or thereafter begun, may be p~oxc~ted as if all moneys secured F?ereby n.:d matwed pna to ds institution. 7. That in the event that a~ the beginnFng of w at any time pending any suit upon this Mortgage, w to fweclou it, or to retorm it, w to e~force payment of any claims hereundr~, :aid MORTGAGEE shaN apply to the Cou~t having ju~isdiction thereof'{oi th~! app07nR~M of a Receive~, such Cou?1 shall Farrhwith appoinl a receiver oF said mortgaged property all and sirr,~ular, incl~d~ng all a~d ainguNT the intome, prof~ts, issues and revenues from whatever source derived, each and every of wh~ch, it being expressly understood, is htr4by morlgaged is ii spatifically set fprth anil deuTibed in the granti~g and habend~m clauses hereof, and such Receiver shait have ail rhe txoad and efiect+ve funct,ons and powers in anywise entrusted~by a Cou.t to a Recriver, and s-..ch appointment shalt be made by auch Court as an admitted equity and a matter of absolute iighl to said MORT6AGEE, and without reference to the adequacy w inadeq~acy o( the value of the property mortgaged w to the sotver+ty oi insolver?cy of sd~d n+~a2rG~cpR c.. ~he defendants, and that such ~ r~nrs, profits, incane, issves and revenues shall be appiied by such Reteirer according to the lien or equity of said MORTGAGEE aod the practice of such Court. 8. To duly, promptly and fully periorm, disch,~rge, execute, effecr, complete, compiy w~~h and abide by each and every the stiputations, agreements, conditions and covenants in sa~d prom;ssay nore and fh;s mongage srt forth. 9. That in tbe event the ownership of the mortgaged premises, w any part thereof, becomes vested in a per»n other than the MORTGAGOR, the M.ORTGAGfE, its successors and ass~gns, may, withovt notice fo the MORTGAOR, deal with such successor or sutcessw in interest wi~h reference to this n:ortgage a~d the debi hereby setured in the same manner as with Moitgagor veitlwu) in any way vitiating or dixha~ging the Mortgagors' liability herr under or upon the debt hereby secvred. No sale of the prert:ises hereby mortgaged and no forbearante on the part oi the N10RTGAGEE or its sutcessws or assigns and no extension of the time fa the payment of the debt hereby secured given by the MORTGAGEE or its successors a auigns, a.tiai) operate ~o release, d,xharge, mod~fy change or affect the origina! liau~tity of the MORTGAGOR here+n, e7ther in whole w in part. 10. It is speuf~catly agreed that time is o1 the esse~ce of this contract and that no waiver of any obligat~on hereunder w of the obligation sr cvred hereby sF~alf at any time thereafter be hefd to be a waiver of the terms hereof ot of the instrument secured he.by. 11. In add:lio~ to the forego:ng momhly paymems of princ pat and interest required by the prom~swry no!e secvred hereby, mortgagar tovenants ~nd agrres eo pay to m.ortg~yee v,ith each monthly payr,ient an odd~rional sum esr~n,ated by mortgagee to be equal to 1 j 12 of the annual cost of the follow- ~;,g: A-All real property taxrs le+ied or a:sessed against thc above desvibed real estate_ 8-Premiims on fire and windstorm insura~ce as i~erein requ:red to be carried on the improveme~ts situate on the abave described premises. C-P~emiums on such mortgage guaranty insurar,ce as mortgagee zhall from t;me to time deem fit to carry on the loan secured hereby. ~~rtgagee sh,+l from time to time notify mortgagor in writing of the amount dve and payable hereunder and suth sum shal) thereupon be due and ~ ayable on the due da!e of the next month!y payment and eath successive month thereafter u~ti! mwtgagee shaU no)ify mortgayor of a thange in such : ~ount. $uch sums sF,a~l be applied by mortgagee toward the payment of rea! property taxes, insurance prem:ums, a~xl mwtgage guaranty insurance pr?miums. IN Y1ITNESS WHEREOf, the said MORTGAGOR has hereun~o set his hand and seal the day and year firsi a esaid. Signed, Sea!ed and delivered in the presence ofe ~ ~ ' aq H . . Srly z - (Sea4 _ • ' (Seal) C . G . Snvde t~ap ATE OF FLORIDA • ~ SS. :OUNTY OF St • LIIC 1Q ~ I Before me pe~sonally appeared H• T• Snyde r ~ and ' C G Snvder his wiie, to me well known and known to me to be ~ the ind;viduals described in and who executed the foregarg instrument, and acknowledged before me that tl~ey executed the same fw the p~rposes ~ j therein expressed. And the said C• G•snyaer ' H. T.Sn der ~ r.~ie of the said y upon.a sep~Wtef and private ~ efaminat~o~ by me taken separate and aparf from her said huaband, acknow:edged to and befora me that she executed said instrument ~r~ ty and vplun- ~ ~ariiy and w~thovt any compulsioe, constraiM, apprehension, or fear of o~ from hc said husband. ' •'r'' ' WITNESS my hand and official seal this j9th day of `~uly ~ •./t, p, ~q_ ?Z~ ~ , ~ ~ ' ~ otary Public in and for StatD rgj ~ y Comm~ssion expires: •,~;~4Y .iC. 3Y nt ~L,3,pA ai LARGE Return To: - MY C0. „ SS10~1 E`:~~ai 3. D~C. 2~. 1975 firtl fttitfal $avin9s a LOan ASSOCiation go~Q~d Thn"vL:erbr~l (~surance.UnQerwrttera. Of Fo~t ~~erce. . • - . / i Fort P~erce, fiorida FILEO AND AECORp~O ' , • ~ iT. lUC1E COUNTY flA. ~ . ~ CLERKCC RCUtT COURT ,y ~ ~ This Instrument Prepared ByJohn W. Collins RECORDYlRIFIEO~~ ; First Federal Savings & loan Association ~y 2 49 PN ~~1 ~ of Fort Pierce ~ Florida , ` Checked By 233589 900K~ i~~~ "s J ; ~ ~ : - - - - _ x , ~ _