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To p!ecr and continuo~sly keep on the bui:d~ngs ~ow or hercaiter ~ituate on sa~d land and on a11 cryu~pmenl a~d perso~ally covered 6y this mor e9e, w;ih all prem~u~~s thcreon pa:d ~n fult, 1he insurar,ce in ~hr ~sual sta~xiard po'icy iorm, in a aum a~.proved by the Me~R~i,.~GEE, ar~d windsto ~nwran~e in the usuai srandard pol~cy iorm, in a wm appro:ed by ihe MORTGAGEE, i~ such co~npany or ca~»p3mes as the A'.OQiGAGEE m d~recr, and all lire ar,d w~ndstorm insurance polic~es o~ any of said build~ngs, any interest therein or pa~t thN~eof, in ~he agg~ega+r s~m afo~esaid in exa-ss ~h~•rco(, shal{ conr,,in the us~al star.d~rd morrgagee c~ause o~ such o~iu~ cla~se as Ihe Mo~tgagee may requ~re, ma?ir.g Ihe ~oss undrr sa~d po c~.~s. eath and cvery, pay~b'a to said RIORTGAGEE ai its iMerast rnay appea~, and eath and every Suth po~i[y sha:l tx p~omptly ass gnrd e~~d deGvcrcd ~ any held b~ sa~d ~t10RfvAGEE as fw~her security to sa~d mortgoge drbt. and, nof less than ten (10) days in adrarue oi the expiration of each policy, to d. ~.~er to sa~d ~dJRiGAGEE a ~enewal tt~ereaf, toget6er with a rece~pt for the prr~nium of such renewa~; and thrre shali ba no fae o~ w~nds~o~m insuianc placed on any ~f sa~d 'ovi!d~ngs, any imcreat Ihrre~n or part thzreof, un!ess in the form a~~d with ~he toss payable as aioresa~d; and in the event a~y sun oi money beco•~~es payabte u~zder wch pollcy or poGcies saiJ h10RTGAGEE shall have ~hr opnon to rece~ve ..nd app!y N~c same o~ account o( the in~rbted neii Situ~ed h~r~by Or 10 pennit sa~d IAORTGAGORS to reteive dnt~ usC if W dny pa~t th~r~Of lor o:n•rr ;;ur~-~ases, .•+•tiip~t thrr.:i/ w~++~~~~ C~ ~~~~P~~~ mg any equ,ty, i:en or r~yh~ under or by virwa of this mo::9age; and in the even~ sa~d A10RTGAGORS shall !o~ any reason iail to kcep the sa~d prem~srs so ,nsw•:d, or foil to del~va~ pro~~~ptly any of said poGcias of inwrance to sa~d MORTGAGEE, ot fai4 ~~romptly lo pay ful:y any premwm ther~for or in a:~y respect faii io per(orrn, d~sch„rye, execute, effect, comp~etr, co~nply wiih and abide by this covenant, or any pa:t hveoi, sa~d MGRTGAGEE ~~ay place a~tl pey fo~ such insvr.~nce or any part thareof without waiv6ng or affectln9 any option, lien, equ~ty, or r~ghi under o~ by vi~tue of this Morrgage, and the full a~nount of each and e.ery such paymrnt shal! be immediately d~e and payable and shall bear interest irom tha date thereof un~il pa~d at the rate ol ne prr trntum per an~~wn and to~~-ihar with such intarrst shaii !x satured by fhe lien of this mOttgage. d. To permit, commit or suffer no wasfe, impairment w deter~oration of said property o? any part thereof. S. To p.~y a~l and s~n9u~ar the costs, charges a~d expenses, including a reasonabte attorney's fee and costs of abstracts of title, incurred o~ paid at any t6,.e by ss~d 41URlGAG:E, because or in the event of the fa~lure on the part of the said MORTGAGOR to duly, promptly and fully periorm, d~scharge, :,.ccute, elfea, co~np:~~e, canply w~~h and ab.de by each a~d every the stipu~at~ons, agreements, condit~ons. and covenants of said prom~ssory note and this •,orrgage any or e~~her, and sasd costs, charges and expenses, eath and every, shall be immediately due and payable; whe~her w not ~here be notice d~ r.,,•,d, attempt to co'eect or suit pend~ng; and the fu~l amount of each and eve~y such payment shall bear intcres~ from the date thereof until paid at the : o~ n~ne oer cr~:n~:, p~~r .,~~~w:n; and all said costs, ci~arges and ex;~.~nses incurred or pa1d, toyrther w~th such interest, shall be secured by the I~en of this +nor r~age. b. That (a) in the event of any breach of this Mortgage or default on the part of the MOR7GAGOR, or ib) in the event any of sa:d sums of mo~ey her~~n referrod ro b^ not prc~nptly and fully paid wi~hi~i th,rty (3Q) days next ai!er the same severa!!y become d~e and payable, withou~ demand or nohce. or ~c) in thr event each and every the stipulations, agreements, cond~rions and covenants ot sa d prom~ssory note and th~s mo~tgage any or e~ther are not iuly, pro~»p~1y and futiy perfonned, d:scharged, execurrd, effec~ed, completed, compGed w~th and ab~ded 5y, then in enher or any such event ~he sa~d ag ;••_,3ate s~m ment~oned ~n said p~omissory nore then remaining vnpaid, with iroerest accrued, and a~l moneys secured hereby, shall betomr due and pay +u a forfhwnh, o. ~hereahcr, at the option of said MORiGAGEE, as fully and completety as i1 all oi the said sums of money were w~ginaily st~pu:ated ro bn pa d on such d.:y, anything in sa:d p~om~ssory note or in this h5ort9age to the contrary notwithsrand~ng; and thereupon o? thereafter a~ the option of s•.:! t.10RTGAGEE, witfiou! nar~ce or demand, suit at law or in equity, therefore a thereairer begun, may be prosecuted as if all moneys secured hereby r._:d matured pnor to ds insfit~tion. 7. ihat in the event that at the beginning of or at any time pending any su~t upor+ tF,is Mortgage, oi to foreclose it, or fo reform it, or to enforce ~~yment of any cl,~~ms hereundrr, said MORTGAGEE shall apply to the Court having jur~sd:ction thereot for fhe appo~ntmeN of a Receiver, suth tovrt shail rc~rhw~rh appo~nt a rece~.er of said mwtgaged property all and sing~tar, indud~ng atl a~~d singular the irtcome, prof~ts, issues and reven~es f~om whatever s,~~rce darived, each and every of wh:ch, it be~ng eapressly understood, is hereuy mor~gaged as if spec~ficaify set forth and destribed in the g~anting and i, ~bendum uavses hereof, and such Receiver shatl have aIl the br;,ad and effective funct,ons and powers in anyw~se entrusted by a Court to a Receiver, and s_ch a;:pe:nrment sh~tt be made by svch Court as an admittcd equity ar.d a matter of absoiute r~gM to said MORiGAGEE, and without relerence to the ~ d,E:,VdC% or inadeqvacy of the va~ue of the property mortgaged or to the so~.vency or inso:vency of said MORTGAGOR or the defendants, and that s~ch r~~~TS, prof~rs, inco:ne, issues and revenues shall be applied by such Receive~ accordutg to the 3ien or equity of said MORTGAGEE and the practice of such Court. 8. To du:y, prompN.y and f~lty perform, discharae, execute, effect, complete, comply wi~h and abide by each and every the stipuiations, agreements, :onditions and covenants ~n sa~d prornissory note and th:s mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the ' :.~RTGAGEE, irs wcczssors and asvgns, may, without norice to the MORTGAOR, deal wnh such successor ar wccessor in interest with reference to this • o~tyage ard Th~ drbt hereby secured in the same manner as with lAortgagor without in any way vitiating or dixharging the 1~lortgagors' liability her~ :~~der or uFwn sh~ debf hereby secured. No sa!e oF tne p~em~ses hereby mortgaged ar.d no iorbe~rance on ~he part of the IAORTGAGEE or its successors c~ oss~gns and r:o exrens~on of rhe rlme fw the payment of the debt hereby sec~red given by the MORTGAGEE or its successws or ass~9ns, ahall operate ~o re~ease, d~:charge, modify change or affect the origmal liab:l~ty of ihe MORTGAGOR herein, eilher in whole or in par1. 10. It is sperfic3~iy agreed that time is of the essence of this contracr and that no waiver of any obligation hereunder o- of the obligation se- c~red hereby sha~i at an~ time tF.ereafter be he:d ~o be a wa~ver of the terms hereof or o( the instrumenl secured herby. 11. In ;~ici t:c ;~o tne Forego nq rno~th!y payments of pri~c pal and int~res! required by the promtssery no!e sec~red hereb~, mortgagor eovenants ~•:d agr_es To ;;ay to r~o•rgagce v.~th each monthly pay~.:ent an a~d~:ional s~m estin,ated by mortgagee to be eq~al to l, 12 of the annual cost of the follow- ~3: A-Ati rcaf prope.ty taxas levied or assesscd agai•ist tF.c above desc~ibcd real estate. , 6 P~~~~::~ „s o:, f«e and v.~ndstorm inwrance as here~n requ;red to be carri~d on the ImFroveme~ts s~tuate on the abwe d_scribed premises. C-Pre;n~u.~ s on s~ch morr~;ge guaranty ir.surar,ce as mo~tgagee shail from rlme to time deem fit to carry on the loan secured hereby. Mortgaa>e z!~_ L fro~n ti~ne to time notify mortgagor in writing of ihe amount due and payable hereundzr and such sum shaU thereupon be due and ~ _b'e o~ the c! ~e c~~e cf ~he next month:~ payn:ent and each s~ccessive month thereaftcr urail mcrtgagee shali notiEy mortgagor of a thange in such ! ~ ~ ounr. Such sums sha f be app:ied by mortgagee toward the paymenT of real property taxes, insurance p~em;ums, a~~d mortgage guaranfy insurance ~ ! ..~~miums. ! IN ':IiTNESS :':HER"cOF, the said MORTGAGOR has hereunto set 6is hand and seal the day and y r rst aforesaid. i ~ S~gned, Sealed and delivered in the p?esence of: - ZaC@ r' . t@ ~ • Sea4 ~ (Sesq ~ Gertrude R. Carter ~~a~~ S~aTE OF fLOFIDA 1 } 55. ~JUtJTY Of _ _~t~ Lucie ~ Before me personally appeared Horaee F. CaZt@Z~ .JY• s~ Gertrude R~ Carter his wiie, to me well known and known to me to be s: ind~~~dvats descr~bed in and who executed the fwegoing instrument, and acknowledged before me that they executed the same for the purposes ~ ~'^.•_•e~n expressed. And the said Gertrude R. Carter ::'re of the sa~d HOIaCe F. Carter, .JI . , ~pon a separate and private ~.~m~nat;on by me ta~en seFarate and apart from her said h~sband, acknov~ledged to and before me that she executed said instrument freaiy ind volurr f,~:~y and w:~ho~t any compulsion, consrraint, apprehension, or fear of or from her said husband. ~ ry-~~ : ~a. WITNESS my hand and offiual seal this_ ~d~~• day of ~~.~19+~-~ . , ~ v E; ~ ry Public in and for the State _ F~r~a • rQ~ 3 Commission ex ires: ~ : - ~ P r:3n63Y , i~-~ ; :0?Pl9±I 2i.''~ : ~ Retum 10: = , ^ : F;rsr Fed=ral avin s S loan Associat~on ' . ~ 'E~ 23 ~ s g . r- .,e.. . _ ,:.a _ ~ r~.f P,:~.. 43J5:~ Y~.~, ~ F~~r P:: F:~~~d, 0 ~INC REC p , 7~.~'•••......-' p; UCfE C4UNr~ i~,j ' ~ P>~A~~' ~ ROCE1` r~CtTR15 QLERK G:~~~ii~T C ""~i~~: RFCOa OUAT -,z~- 7S' This Instrumeni Prepared By John W. Collins ~ v~~ ~~Ea- First Federal ~avings & Loan Association ~ ~ v 21 /Y7 ~ of Fort Pierce ~ Florida ~r1 ~ Checked BY ~ ~ ` 'a ~ BooK 204 PaGE 2131 ' ~ . ~ _ _ - _ ~ ~ ~ ~ -