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To place and contin~ousiy keep on ~he bu1'.dings now w hereafter ~ituate on said land and on all equip~nent and pcrsonally covered by this ma ege, w~ih all premi~ms thercon pa~d i~ full, fiie insura~ce in ~he uaual standard po~icy form, in a sum approved by ~he MORIGAGEE, end wirdi~o ~nsurance in ~he usual standard pol,ty (orm, in a sum approved by ~hs MORTGAGEE, in iuch company or tompa~ies as tAe MORTGAGEE m d~re~r, snd all (i~t a~d windstorm insurance polic~es on a~y oi said buitd~ngs, any intere~t therein or pa~t thereof, in Ihe aggrega~e sum slaesaid j in excess thereof, shall contain the us~al standard mwtgagae clause o? such oiher clause ai the Mortgagee may reqwre, making the loss undrr sa~d po i c~es, each and every, payabte to said MORTGAGEE as ~ti interest may appear, and each and every such po~~cy shall Ix p~omptly ass gned and de:ivered ~ any held by sa~d MOR(GAGEE as fur~her srcurity to said ma~gage debt, and, oot less than ten (10) days in advance oi the expiration of each pol~cy, to d~ I;ver Io sa~d MORTGAGEE a renewal thereof, together with a receipt fo~ Ihe premium oi svch renewat; and there shall be no i~re or windito~m insuranc p~eced on any o} said build~+ys, any interest therein w parl the~eof, unles~ in the form and with ~he ~oss payable as afwesaid; and in Ihe event any sun ot money becomes payable under such polity or pol~cies said MORTGAGEE shall have the op~~on ~o receive and apply the same a+ account of the indebted ness secu~ed he~eby or to permit said MORTGAGORS fo reteive and us0 it w any patt the~eof for otncr' purposes, v.itlwot th:~eu/ ~vaiving c~ ~mpair ing any equity, lien or right uoder or by virtue of this mo:!gage; ~nd in the event said MORTGAGORS shall for any reason fail to keep the said premi~as so insured, o~ fail to deliver prpnptly any of said policies of insurance to sa~d MORTGAGEE, w fail prompdy to pay fuily any pre~nium the~efw or in a~y respect fa;! fo pertorm, discha~ge, execute, et(ect, complete, comply with and abide by this cove~an?, a any part hereof, aaid MORTGAGEE may place and pay for such insurance or any part thereof without waiving or affectirg any option, lien, eq~ity, w right under or by virtue of this Mortgage, and tht f~ll amount of each and e~ery such payment shall be immediately dve and payable and shall bear interesl irom the date thereof until paid at the rate o1 nine per cent~m per annuin and together with suth inte~est shbli be secured by the lien oi t6is mortgage. ; 4. To permit, commit a seffer no waste, impairment w deterio~at;on of said property w a~y part thereof. } S. To pay all and singular the costs, charges and expenses, including a reasonable attorney i fee and costs of absfracts of title, incwred or pa;d at any t]me by sa~d MORiGAG:E, because o~ in the eve~t of the failure on the part of the said MORTGAGOR to duly, promptly snd fully perfwm, dixharge. execute, effeu, complefe, comply w~th and ab:de by each and every the stipulanons, sgreements, conditions, and covenants of sa~d promissory note and ~his ; .~~o~rgage any w e~~her, a~d u~d costs, charges and expenses, each end every, shall be emmedistely due and psyable; whether or not there be notice de ; r.~and, atrempt to collect w suit pend~ng; and the full amount of each and eve?y such paymenl ~hall bear interest from the date thereof until paid at the ~ r.,!e o~ n~ne per cantum ~x;r annum; anc! all said costs, charges and ex~enses incurred w paid, togethe~ w~th such interest, shall ba secu~ed by the lien of this martgage. b. 7hat (a) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, or (b) in the eveM any of sa~d sums of money he.ein referred to be not promptly and ful!y paid within thirty (3p) day~ next after the same sevtraily become due and payable, without demand o? notece. e~ (cj in the evenr each and every the stipu:afions, agreemenfs, cond;tions and covenants of sa~d p~omissory note and th~s mortgage any w either a~e not • ±uly, promptly and iuily performed, discharged, executed, effected, completed, complied with and abided by, the~ in either or any such eveM the uid ag ` g~<gate sum mentioned in said promisswy note the~ remaining unpaid. with interest accrved, and all moneys secured hereby, shall become due and psy- ab:e fortnwith, or therea~ter, at the option of said MORTGAGEE, as fully and completely as if all of the said sums of mooey wert origina:ly stipulated ~o be pa;d on such day, anything in :a~d promi:sory note or in this Matgage to the comrary notwithstanding; and the~eupon or thereafter at thc opr;on of sa~d MORTGAGEE, w~thouf no~ice oa demand, suit at law w in equity, therefo~e or thereafter begun, may be proxcuted as if all moneys setured hereby na~ matured pr~w to its institution. • 7. That in 1F+e event that at the beginn6ng of or at any time pe~ding any suit upo~ this Mortgage, w to forectose it, or fo refo~m i?, or to enforce payme~t oi a~y claims htreunder, said MORTGAGEE shall apply to fhe Court having jurisdiction fhereof fw the appointment of a Receiver, suth Gourt shall (erthwith appoint a receiver of said mwtgaged property all and singular, inctud~ng all and singular the inmme, profits, issves and revenues from whatever s; urcc derived, each a~d every of wh~ch, it being expressty unders~ood, is hereby mortgaged as if specifically xf fath and desaibed in the granting and hebendum clauses hereof, and svch Receiver shall have all the broad a~d effective funa~ons and powers in anywise entrusted by + Court to a Receiver, and s_ch appointme~~t shall be made by s~ch Court as an admitted equity and a matter of abwlute tight to said MORTGAGEE, a~d withovt refetence to !he a~f:q;,acy w inadequrcy of rhe valve of the property mortgaged or to the so~vency or insolvency of said MORTGAGOR or the defendants, a~d that such ra~rs, prof~ts, incane, issues and revenues shall be applied by such Receiver accwding to the lien or equity of said MORTGAGEE and the p~acl~ce of such Co~rt. 8. To duty, promptiy and fully perform, discharge, execure, effect, mmplete, comply with snd ab~de by each and every the stipulations, agreements, conditions and covenants in said promissory note and this mortgage set fwth. ! i 9. That in the event the ownership of the mortgaged premises, a any part thereof, 6ecomes vested in a perso~ othes than the MORTGAGOR, the ~:.ORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal with such successa o~ successor in interest with reference to this u•~gage and the deb~ hereby secured in the same manner as with Mongagw without in any way viliatirg pr dischargiog the Mortgagors' liability here- ~~~der or upon the debt hereby secured. Mo sale of the prem~ses hereby mortgaged and no forbearance on the part of the MOR~GAGEf or ih succcsson c. ass~gns and no exrenseon of the t;me for t}x payment of the debt hereby secured given by ti~e MORTGAGEE or its successors w au~9ns, a~`~all operate ~o ~elease, d~scharge, modify change w affett the original liab~tity of the AhORTGAGOR he~ein, either in whole or in part. ~ 10. It is spec~fically agreed that time is of the essence of this contract and that no waiver of any obl~gation hereunder or of the obligatan se- cured hereby shali at any time thc~eafter be held ~o be a waiver of the te~ms hereof or of the instrument secured herby. ~ 11. In add~r;o~ to the forego'.~g monthly payments of princ pal and irterest required by the promissory note secured hereby, mortgagor covenaNs ~cd agrces to pay ta mortgagee with each momhly payrnent an add~rional sum est3mated by mortgagee to be equal to 1/12 of the annual tost of the foffow- g: . A-Att reat property taxrs ~evied w assessed agains! th~ above deuribed reat estate_ B--Fr~m~u~ns on fire and windstorm insurarce as herein requ~red to be carried on the improvemeMS situate on the above d~scribed premises. G-Pre~niums or~ such mortgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the loan setured hereby. Mor~gagee sha!1 fram time to time notify mortgagor i~ writ~ng of the amoont due and payabie hereundtr and such sum shait thereupon be due and ~ :.jyable on the d~e aafe of the next month:y payment and each successive month thereafter ur.til rtwrtgagee shall notify mortgagor of a change in such ~ -•ount. Such sums sF.a:l be applied by mortgagee toward the paymeni of real property taxes, i~surance prem:ums, and morigage guaranty i~surance ~em+um5. IN N~fTNESS VIHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day a~d year first afwesaid. igped, Scaled and 'v red in the presence of: `~~~~4~ , T~~ )C an - . Ro rt S. e ~,q s~,n ~ hr (Ses4 i STATE OF FLORIDA ; I; cour~nr oF St. Lucie ~ Before me penonallY appeared Robert S. Huiaphrey } . end ~ Eleanor H~phrey his wife, to me well fywvYn yod _known to me to be ` rh; individuals desuibed in and who executed tF~ foregang instrument, and acknowfedged before me that they,,execvt~.ihe- `°•for the purposes ihe.ein expressed. And the sai r hre r+~"""'",;:, - Robert fi H hre •S ` ~ " ti~fe of the said , ~ atpC~r~~ e +nd p?ivate exam~nat~on by me take~ separate and apart from her said husband, acknowledged to and befwe me that she ex ~ ~3id instt_wn~M~ iy and volun- ian:~ and without any compulsion, constraint, appr sion, ot fear of w from her said husband. • / ; _ WITNESS my hand and officiat seaf thi day of ' ~ v ~q, D. 19 72 ` ' • : . - Notary Vublic in and fo~ 'zSta '6 ~at.l;~rye My Commiuion expires:'•~ . Return To: • ' ' First Federal Savings d loan Auociatan ~T~~~~ ~~~E~d F'LORIOA st LAR6E MY COAiMI~I~ FXPIRfS SfPT. 23, 1975 Of Fort P;erce. ~a~ ~ ~f~ ~ ~ fort Picrce, Florida F~EO,?NO aecoR~~ 9_ 1.1~- ~ S' ! i,ltC1E GOUNtY i QOCER P01tRAS ~ ; This Instrument Prepared 8y : J. H. Robetts ~ JY. ~LEftK CfRCU~T COU First Federal Savings 8~ loan Association RECORD YER~f1E0 ~ of Fort Pierce, Florida 33450 ~ j i r~ z s9 PH zi ; Checked By ~ , ' ` ~20~ ~i~'~ ~ ~ ~ ~ : : _ f - . ~ ~R _ - _ _ , a~~~.3 . - , --:,N ~h'S'~S. P ~ ~ "'_,M1 . _ • ~.~_~`"l"}"~~ ~'e~t~... ~F