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To ptace and co~f~nuous~y keep on ihe bu~'d~ngs now w herrafter s~~uare on sa~d land and on alt equlpment and personally cove.ed by this mor ; ege, with al) p~emi~ms Ihereon pa~d in full, fire insuFante i~ the us~al atandard po~icy form, in a sum a{:proved by ~he MOR~~a~GEE, and windsto 3 ~nsurance in thr usual standard po:.cy for~n, in a sum approved by the MORTGAGEE, in such company O~ tompanies as the h10RTGAGEE m ~ d~rect; and all fire and w~ndsrorm insu~ance po~~Nes on any of sa~d build~ngs, a~y iroeres~ therein or part thereof, in ~he agg~egate sum sfo~esald in eacess thercof, sFwll :ontain the usval seandard mortgagee dause or such other clause as the Mortgaqee may requ.ra, maAu~g the ~oss undrr sa~d po c~es, each and every, payable to said Att7RTGAGEE as its in~erest may appea~, and ea~h and every such poiic/ shatl be promptiy ass g~~ed and de~iv~red ~ any held by sa~d h10RIGAGEE as (ur~he~ sec~~~~y to sa~d n:ortgage debt, and, not less than ten (10) days in advance of ~he expi~at~on of each po!~cy, to d~ fver to said MORTGAGEE a renewa~ thereof, toge~her with a rece~pt for the pre~nium of such renewa~; and thrre shalt be no Gre o~ w~n~+sw~m inauranc placed on any of said buiid~ngs, any interest therein or part thereoF, un!ess in the form and wiih the loss payab~e as aioresaid; and in the event any sun of money becomes payable ~nde? s~ch policy or poGcies said MORTGAGEE shall have the opt~on to recaivc o~id app!y the san~e on accow~~ oi the indebs~d ness secured hrreby or to permit sa:d MURTGAGCRS to receive and use it or any pa~t ~hereof for o:~~=•r pw; os~~s, •:.~~~:o~t ~h=': o. ~v.:~~~.'J ~r °"P°" ing any eq~~ty, lien or right under or by virwe of this mor~gage; and in the event sa[d MORTGaGORS ihatl Eo? any reason (a~l to keep the sa~d premisas so ~n:ured, or fail lo deliver p~omptly any of said pol~cies of insurance to sa~d MORIGAGEE, or fai! p:omptly to pay fulty any premium theralor or in a~y re;pect fail to perform, d~scharge, e:ecute, effect, complete, comply wi~h and abide by this covenant, o~ any part hareof, said MORTGAGEE may p+acr a~uf pay fo~ such insurance or any part ihereof w~~hout waiving or affecting any option, lien, equity, or righ~ unde~ or 5y virtue of this Mortgage, and the f„ll amo~,nt of each and every such payment shall be immediately due and payabte and shall bear inte~est from tha date thereoi un~il p~id at the rate ot n~ne per centum per annum and wgrthar with such intejest shall be sewred by the lien of thi~ mortgage. 4. To permit, com~nit or suffer no waste, impairment o? deterioration of said property ar any part the.eof. 5. To pay aIl and singular the cos~s, charges and expenses, enclvding a reasonable atrorney's fee and cos~s of a6s~racts of title, incurred w paid a1 rny time by said MORiGAG:E, becavse or in the event of the failure on the part of the said MORTGAGOR to duly, pro*nptly and fully pe~fam, d~scharge. ~ :,ecute, effeU, canptete, co+npty w~th and ab:de by each and every the stipulat~ons, agreements, condit~ons, and covenanrs of said promissory note and ihis # .~~ortgage any or e~~her, and sa:d costs, chmges and expenses. eacb and every, shall be immediately due and payable; whether w not there be notice dr n,and, attempt to tollect or suil pend+ng; and the full amount of eac.h and every such payment shall bear inte~est from the date fnereof until paid at the i r.r.~ o~ nine per centum ~:r anuun; and ail sa~d c~srs, chdrges and expenses incurred o~ paid, toga~her w~th such interest, shall be secured by the tien of ih~s mortgaqe. " 6. Thal (a) in 1he event of any breach of this Mortgage or defau!t on the part of the 1110RTGAGOP., or (b) in the event any of sa:d sums of money h_~rein referred to be not promptly and fu!ty paid witiiin thvty (30) days nex~ a'.ter the same severally become d~e and payable, without demand or notice. or (d in thr event each and every the stipu:aiions, agreements, conditions and covenants of sa.d promissory nott arxl tha mortgage any w e~?her are nol ~uly, promptiy and f~11y performed, d~schargrd, eaecuted, etfected, compteted, compi~eo w~th ar.d a6~ded Sy, then in eaher or any such eveM the sa~d ag- ; 3regate sum mem~oned in sa~d promissor~ note then remaining unpaid, with interest aar„ed, and ati moneys secured hereby, shall become due and pay- ~ ab•r forth.vith, or therea!rer, at ~he opr~on oi sa~d MORTGAGEE, as fully and complete:y as if all of the sa~d sums of money were originally st~pu:ated to be pa~d on such day, anything in sa:d pro~n~ssory oote w in this Mwtgage to the confrary notwithstanding; and thereupon w thereafter at the opt~on of s3'd MORTGAGEE, w~~hout notice or demand, suit at law or in equity, therefore w thereaher begun, may be prosecuted as if all moneys secured hereby n.,d matured pnw to its instiwt~on. ~ 7. Thaf in fhe event that at the beginning of or at any time pending any suit uFwn this Mortgage, or to faeclose it, w to reform it, or to enforce payment of any ciaims hereundrr, sa+d MORTGAGEE shatl apply to the Coun having jurisdla~on thereof for the appoiMment of a Receive?. such Co~rt shail `crth~~ith appoinf a receiver of said mortgaged property all and singular, intlud~ng ail and singular Ihe incOme, prof~ts, issues and revenues irom whatever se~rce derived, each and every of wh~ch, It bcing expressty understoed, is hereby mor~ga3ed as if spec~frcally set fo~th and descrikied in the granri~~g and h.,5endvm c~auses hereof, and such Receiver shail have all the broad and efiective funct,ons and powers in anywise entrusted by a Co~rt to a Receiver, and ~ s_ :h appo~ntment sha~l be made by such Court as an admitted equity and a matter of absolute right to sa~d MORTGAGEE, and without reference to the ad_~quocy or inadeqvacy of tFe val~e of the properry mortgaged or to the so.vency or ~nsoivency oi sa~d MORiGAGOR or the defendanfs, and that such ~.~fs, profits, inco~ne, issues and revenues shalt be applied by such Receiver accordmg to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To duty, promptly and fully perform, d~scharge, execute, eifect, complete, comp~y w~th and ab+de by each and eve~y the stipulations, agreements, conditions and covena~ts ~n sa~d promissory note and this mortgage set fotth. 9. That in the event the ownership of the mortgagcd premises, o~ any part thereof, becomes vested in a person other than the MORTGAGOR, the h•ORTGAGEE, its successors and ass~gns, may, w~thout ootice to the h10RTGAOR, deal with such successor o~ succe:sor i~ interest with refereace to th4s ~ stgage ard the debt hereby setwed in the same mannet as with Mortgagor without in any way vitiating or diuharging the RAwtgagors' liability here~ u~der w upon the debt hereby sec~red. No sale of ~he premises hereby mo~tgaged and no forbearance on the part of the ldORiGAGEE w its successws or ass~g~s and no extension of the time !or the Fayment of the debt hereby secured given by the MORTGAGEE or its successws or ass~gns, ahall operate 3 ro release, d~scharge, mod~fy change or affect the original IianiGty of the MORTGAGOR herein, either ~n whole or in part. ~ ; 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any obligat~on hereunder w of the obfigation sr s' r~red hereby shall at any time thereafter be he:d to be a waiver of the terms hereof or of the instrument setured herby. I1. In add:tEo? to the forego ~~g n~c~th!y paym_nfs of pri~c'paf and interest requ~red by the prom:ssary no~e scc~red hereby, mortga~or covenanis ,nd agr~es te pay to n:ortgagee v~rth each month~y rayr::ent an add~rional sum estlmated by mortgagee to be equal to 1,' 12 of the annual tost of the fotlow- 3: A-AIt real properry taxas levfed or assessed agai•~st tfi~ above described real esraee. B-Pre~r:~ums on fi.e and wlr.ds+orm ~nsvracce as F~erein requ:red to be carrie~ on the ;mprovemeits s~tuate on tht above d=scribed premises. C-Premiums on such morig:;ye g~aranty icsurar,ce as mortgagee shatl from t'me ro time deem fit to carry on the loan secured hereby. Mortgagee sha i from t~:ne to nme aot~fy mortgagor in writ~ng of the amou~t d~e and payab!e hereundrr and such svrn sha!I thcreupon be dve and ~ :,.abfe on the d~e dare oi rh= nexr monih6y payneent and each successive month theieait~r until mortgagee shall notify mortgagor of a change in such ! f ~unt. $uch sums s'r.a;i be app:ied by mortgagee toward ?he payment of real property taxes, insurance prem:ums, a:~d mortgage gvaranty insurance ;!'BmiumS. ! N~'~tITNESS V:NFREOf, the sa~d MORTGAGOR has hereunto set his har,d and seal the day a firs afore ~ ~n , Sealed and dei' r in the presence of: u° seaq _ Che ter F . Mac ~~ap ~ ~ ~ • (Seat) ~ $ - ia B. Macy ~~ai~ ~ SiA1E OF FIORIDA ~ ~ $L. Ll1Cle ~ ~ : JU'JTY Of 1 Befwe me personally appeared Che ster F.1~1acy and ~ I.Clla B. Macy _ h~s W~r~, to me well known and known to me to be ~ _ 3 the individuals described in and who executed the foregang instrument, and acknowledged before me that they executed fhe Y~Me ~p~ the purposes ~ P . r¦r ; t~+e~ein ex ressed. And the said-~lla B Maey + ::~fe of the:a~a _ Chester F. MdCy _ ,vpon s sepa~fe~~d~private c•.am~nation by me taken separate and apart from her said husband, atkrawledged to and before me that she ezxuted sajd ire~r~rti~rd`~s.:eltir and•volurr ra•~.y and w~tho~t any computsion, constraim, apprehens r fear of or from her said husband. ~ ' WITNESS my hand and official seal this_ day of `Jul r'~1.J D: =19 ~2 t . ; _~~.y ~ ; ~ Notary Public in and for the St Flori a at~yd~~ ; ~ My Comm~ssion expires: . s ~ Return To: NOTARY PNBLI~J $~A~E o1 RORIDA at URGE F~rst federal Savings d loan Associat~on MY COkUdtS~(ON EXPfRES SEPT. 25, 1915 a Of Fo.r P,~-:ce. Bon4ed BY Atn_rc~n.8:n: e~s insvqnce ~ Fort P~rrce, F:er~dj ' ~ F LEO ~ND RECOROEO ~ s~.-~UCIE COUNTY FLA. ~ This Instrument Prepared By R ichaa d K. tiaye s ~~ERK C~CUIt C URT ~ Fi r s t F e d e r a l S a v i n g s 8~ L o a n A s s o c i a t i o n RECORO YE~~F~ E D of Fort Pierce ~ F loz ida ' Checked By~-_ ~~6 t2 0~ PH °socK 2~4 PAGf 1~8'~ 234023 ~ . r:~.~ ~ ` - - - - - ~ . -