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To place and cantinuously keep on the bui!diogs now or fiereafte~ s~?uate on said land and on a!{ aquipment and personally cover~d by this mw age, w~th all piemiums thereon pa~d in (ull, fu~ insurance ;n ?he uw.+t srandard po~icy (orm, in a sum a~.p~oved by ~he MOR~'v:+GEE, and w~~~Jsro ~nwrance in tha us.,at standard pot~~y torm, in a s~m approved by tha MORTGAGEE, in sucA company or compan~es aa ~he MORiGAGEE m d.rect; and all iiie and w~nJstorm insurance policiea on any of sa~d build~ngs, any inie~zsl therein ur part thareof, in Ihe agg~rga~e sum atoresaid in excru tFkreof, sha11 ;oniain fhe usual s~andard mwtgagee tla~se or such other ctause as tha Mo~tgagee may reqv~re, ma?ing the loss unJer sa~d po c~es, eacA and every, payabte to said h\ORTGAGEE as ~~s interest may appear, and each and every such po,~cy shall be prompUy ass gnrd and de:~verrd ~ an~ heiJ by sa~d hlORfGAG~E as funher security to sald mortgage debt, and, not less than ten (101 days in advan~e of the expira!7on of each policy, fo d 1~vz~ b sa~d MOR1GAGfE a re~~ewal the~eof, togethcv with a receipl for the premium of auch renewal; and ~here shall be no 6re o~ windstorm in~uranc placed on any of sa~d buitd~ngs, any interest there~n or part the~eof, unless in the (orm and with the loss payable as afo~esaid; a~d in the event any sun of money beco~nes payable under such policy or po~ic;es said MORTGAGEf shall have the oµt~oo to ~eceive a~~d app!y the wme on ~ccount o( Ihe indzbted ness securrd hercby or to perm~t sa~d MORTGAGURS ~o receive and use it or any part th•r.eof ior oan~~~ H~rF~osrs, v.l~nc~t ih,•~ o~ v,rci+~ i3 or unp„ir ~~g any equ~ty, llen or r~ght under or by virtue of this ma:!gage; and in the event sa~d MO~i?GAGQRS shatl tw any reason fail Io krep the said p.emisrs so ~nsured, or fail to drl~ve~ promptly any of said policies o) insuran~e to sa~d MORTGAGEE, or fai~ promptly to pay fully any pre~»ivm thcrefor or in any resprct fait to perform, discharge, execute, e(fect, comple~e, comply wi~h and ab~de by ihis covenaN, or any part hareof, said MORTGAGEE may plate a~~tl pa~ for such insur,~nce or any part thereof without waiving or affecring any option, lien, equ+ty, o~ ?:gM under or by virtue oi this Mortgage, and the f~:11 amovro of each and every such paymeM shall be immediately due and payable and shall bear interest irom Ihe date the~eof until pa~d at ~he ~ate o1 ~~~~~e per crntu~n per annu:n ond to~ether with such inter~st shali be secured by 1he lien of this mortgage_ 4. To permi~, co~~mit ar suffer no waste, impairment w deterioration of said property or any part thereof. 5. To pay alt and singutar the costs, charges and expenses, inciuding a reasonable a»o~ney's fee and costs of abstr~cts of title, incurred or paid at T~~„e by sald MORTGAGEE, because w in ~he even~ of ?he fa~lure oo the pa~t oi ihe s~id MORTGAGOR to duly, promptly and fully perlam, d.scha.ge. ~x.cute, ef(ect, complete, comply wuh and ab:de by each and every the stipula~~ons, agreen~ents, conditions, and co~enanls of Said p+omissory nofe and this ~:engag: any o~ e~rher, and sa:d costs, charges and expenses, each and every, shali be immediately due and payable; whether or no~ there be nofice d> c,nd, atteTpt to colint or suit pending; and the lull amount of eacb and every such payment shall bear interest from the date thereof until paid at the oj r,ine per centum per an ~car anC aN said costs, charges and ex~nses incurred or paid, together w~th suth inte~esL sAall be secured by the lien of thi~ rnertgage. 6. That (a) in the event of any breach of this Mortgage or defa~l~ on the part of the MORTGAGOR, or (b) in the event any o? sa:d sums of money ~ F_~rein ref~~red to be not prornp~ly and futly paid wirhin th~rty (30) days next aiter the same severa::y become due and payable, withouf demand or ~otice, or !_c) in ~hr event each and every the stipulations, agreements, cond~tions a~d tovenants ot sa;d promiswry note a~d th~s mortgage any w either are nol iuly, prompNy and futly performed, d~scha~g:d. execueed, effec~ed, completed, cor.~pGed wi~h and ab~ded Sy, then in either w any s~ch event the said ag- ~-egate s~m manho»cd in said promissory note then remaining unpa~d,-with interest actrued, and atl moneys setured hereby, shall become due and pay- = io~thwith, or therraftcr, at ~he opt~~ of said MORTGAGEE, as (uily and completely as ii all of the said svms of money were onginal~y s~~putated r. be pa:d on svch day, anythi:~g in sa:d prom~ssory nate o~ in this Mortgagr to the ca~trary notwithstar.du~g; and thereupon or thereafter a~ the opt~on of s, ~f h102TGAGEf, w~thaut notite or demand, suit at law w in equ~ty, therefote w the~eaiter begun, may be prosecuted as if all moneys secured hereby n. d matured pnw ro ds institution. 7. Tha~ in the event thaf at fhe beginn~ng of or at any time pend7ng any svit upo~ this h4o~tgage, ur to foretlose it, or to relorm it, or to enforce :,±r.ent of any c4aims he~eunder, said MORTGAGEE shali apply to the Court having jurisd~ction thereot tor ~he appointment of a Receivet, such Court shail rhw6th appo~nt a~eceiver of said mortgaged property all and sin9ular, includ:ng atl and singuiar ~F~e income, p~ofits, issues and reven~es from what~ve~ s. ,rce darived, each and every of wh:ch, N be;ng express[y understood, is hereby mortgaged as if specifically set (orth and destribed in the granting and r~en,lum davses hereof, and s~ch Receiver shall have a11 the broad and effecKve f~nct.ons and powers in anywise emrusted by a Court to a Receiver, and s;~~ ap,ointment sha(( be made by svth Court as an ad:nitted equity arnd a maner of absolute ~igh! to Said MO~CiGAGEE, and witho~t reference to fhe :>a•~~cy or inadequacy of the value of the property mortgaged or to the so~vency or ~nsotvency of said MORiGAGOR o~ 1he defendants, and that such r:s, proi~ts, inca~e, issues and revenues shall be appiied by such Receiver accord~ng to the lien or equity of said MORTGAGEE a~d the prectice oF such Cov~t. 8. To du!y, pro~npt:y and fully perform, discharge, execute, effect, complete, comply wilh and abide by each and every the stipulations, agreements, _=-lditicns and ceve+~jnis ~n sa~d promissay note and th~s mortgaye set forth_ • 9. That in the event th~ ow~ership of the mortgaged premises, or any part thereof, becomes vested i~ a per~n other than the MORiGAGOR, the :'~RTGAGfE, its successo~s and ass~gns, may, withovt notice to the MORiGApR, deaf with such svccessa or successw in interest wirh eeference to this ~ o•igage ard ~he debt hereby secured in the same manner as with Mortgagor wnhout in any way vit~ating or discharging ihe Mortgagors' liability F~err der or upon t1~~ debt here'vy secured_ fVo sate of the p~emises he~eby morlgaged and no forbearan~e on the part of the /AORTCaAGEE or iTS successors ass~g~s and no ex:ension ot the time for the payment of the deb~ he.eby secured given by the MORTGAG:E or its successws or auigns, ahalt operate ro re~ease, d.scharge, modify cl~ange or affect the original iiab~l~ty of the 610RTGAGOR herein, either in whole or in part. 10. It is spcuficaily agreed that time is of the essence of this confract and that ao waiver of a~y ob~;gat;on herevrtder or of the obligation so- c~ ed hzreby sha;~ as any time thereafter be held to be a waiver of the lerms hereof or of the instru:nem secured herby. l i. In ~dd.tSc i ro the forego~~~q month'y payments of princ'pat and interest required kay the prom~ssory no!e secu+ed hereby, mortgagor eovenants + d ag~~es to pay ro r:octg~gee ~nrth each monrh~y pa~~ :ent an add~rional sum rsi~mated by mortgagee to be equaf to t, 12 of t:~e annual cosr of the follow- A--i~!! r~a1 ~rop•~rty taxas Iev;ed or assessed against the abooe described real esra!e. E Fr~:,:~u ns on f~re and windsrorm insuracce as herein requ:red to be carried on the :mprovements situate on the above d_scribed premises. C--Pre~nw:• s on such mortg~ge guaranty ir.sura~~ce as mortgagee shatl from. t me to time deem fit to carry on the loan secured hereby. Mo~taa~ee sh,'~ !rom r~::ie to ume notNy mcrrgagor m wrifing of the amo~m d~e and payable hereundrr and s~ch sum shatl thercupon be due and .:b:e on !h;: c+.~e aar.~ oi rh~ ~eext momh!y payment and each successive month thereaiter ~,;fil mortgagee shall notEfy mortgagor of a change in such .'.~nt. S~ch soms st~a:! t;e ac;p~"f~d by mo~rgagee toward ihe payment ot real property taxes, insurance prem;ums, and mo~tgaye guaranty insurance ~.~miums. IN ':11T4~~ES5 '.':HEREOf, the sa~d MORTGAGOR has hereunto set his har,d and se~l the day and year first aforesaid. S+gned, Sealed and del~\ ed in e presence `of: I~. ~ ` - ' i C71 IL ~Z~ ~~SE~Sean - , .Tessie B8 _ ~a ~hse a s nel~Afiitllt, ~ ~ ~ i/f ( l . (Sea1) ~1 ~ (Seal) ~iE OF FLORIDA ~ ".->u'~TY OF Sti ~ L11C~8 ~ _ ~ Before me personally appeared .TBq3i A~1CkL1~ ~ lf'1Rg ~ g 4~g1 Q adtl_t ~ ~~+is~wife to me wefl known and Rnown to me to be ind;vidua~ descriced in and who execWed rF~e foregoing instrument, and acknowiedged before me thal lhe~/ executed the same fw the purposea ~^c~e:n expressed. fLri.~iw.arl . 7 . . . •Y .wi~.~i.~l.s.~:~ ~bp~M}1'!~T'bl~~fd'Aw~le - ,s.a ~c~wii~rti.kiy.~o.+~~n.~w~~~P~?~fwiw ~her~ s~ei~~iwrsbaw~ ~eeiiwevMetlejed~ ~+d `l~Ierl~flr' . eo~sl~n- rriKlL~(Y~YLY~iGYlJD~ ~•••••~..~iY~{RFiW~.~~~_-~~- yp~F~Nf~ORP~IlF \ • \ . . ~.sv^w7 WITNESS my hand and off;~;al seal thi~ day of ~ ' ~r ~e\,~ !j7 / C ^ . ~ ~ - . ~ ' ~.~`i - Notary Public in and for he S~t~O . ida at~ rge: My Comm~ssiw~ ezpires: ; - ~ • - ' Returrt io: ~ . . s i F;rst Federal Savings 3 loan Associat~on 34513 t~~ y O' Fort P~rce. . ..i , ,~t~~~ "°"`'3 ?ILEp ANO F.ECOROED . St.ltlCl[ C~UNTr FLA. RaGEk P:.~~?RAS CIERA G~•iCt)~" COURT This tnstrument Prepared By ~p. E~ gra~p _ RFCORD Yfa~F:EO..~.~...` First Federal Savings 8 Loan Association 1 i ss PM ~~Z of Fort Pierce , Florida ~,~~r.~-~ Checked By _ . aQ~~ 204 ~~f2~ z ~ : ~ ~ - - - - ~o.~,~~, . _ _ ~ ~ 3~~5 a~`"