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To p'acr and cont~nuously keep on the bui'd~ngs no~nr o? tu~eafts~ s~tuate on sa~d land a~d on a~I cqu~pment and penonaily covered by this ma ege, w~th af~ pren~~~~,~s thareon pa~d in full, fire insurance ~n the ~sual s~er~ard pot~q form, ~n a sum aHpro+ed by the MORiCaAGEE, and w~r~dsto ;nsurance in ihe usual sTandard pot,cy form, in a sum aNp~oved by the MORiGAGEE, in such company o~ tompan~es as ~he MORTGAGEE m d~rcct; end a11 tire a„d w~ndstorm insurance policies on any of said build~ngs, any inrerest therei~ or pa~t thereo~, in 1he aggrega~e stim atoresaid in excess Mcreot, slwll :o~rain the uwal s~a~tda~J mortgagee clauae w such o~her clause as Ihe Alortgagee may requ~re, making the ioss under sa~d po c,es, ea<h and every, payab!e to said A1pRfGAGEE as ~?s inte~eif may appear, and each and ev~~y suth {wi~cy shall be prompny a~sgned a~~d de~~ve~c-d ~ any held by said MOR~GAGEE af (urther sewrity to sa~d mortgage debt, and, not ku than ten (10) days in aduance oi fhe expiration ol each polic/, fo d~ ~ ve~ to sa~d MORTGAGEE a renewal thereof, ~oge~he~ with a rece~pt for fhe p~emium of such ~enewal; and ~hero shall be no f~re or windsto~m insvranc pl~ced on any of sa~d 'ouild~~x~s, any intcreat ~here~~ or part thereof, unless in the form aod wi~h thc loss payabte as aforesaid; and in the eve~t any wn of money becomes payab:e vnde~ such policy w policies said MORTGAGEE shall have the optfon to retcive and appty the same on account o( the indebtrd n_•ss secured her~by or to penn~? sald MORiGAGORS fp ~eeeive ant~ use it M an/ pa~t IhereOf tor o:iir~ {,w~ oses. .v~tno~t th_•~ u~ w.:~+i.i3 0~ ~mp:,ir ~ny any equ~ry, I~en or r~ght undzr or by vir~ue of this mo:egage; and the eve~t sa~d MORTGAGORS shall iw a~y reason fai~ to keep the sa~d prem~ses so ~~~sur:;d, or fail to delivc~ pranpNy any o( said pol~ties of insuran~e to said MOR?GAGFE, o~ fai! promplly fo pay fully any pre~~~ivm thcrefot or in a~y respect (ail to pe~form, d~scharye, er.ecute, e~fed, comptete, comply w~~h and ab~de by this cove~ant, or any parl hz~eof, said MORTGAGEE may place a~~d pay for such ins~r~nce or any part thareof without waiving or aifecting any option, lien, equity, or r~ght under or by virtue of this Mortgage, and fhc fu!! a~r:oun~ o! each and e+eiy such payment shal~ be immediately dve and payable and shall bear :nterest Irom the date thereoi until paid at the rate ot ~ ~~~ne prr c~•~uum per annum .,nd to~ethar with such intcrrat shali be secured by Ihe lien of this mortgage. 4. To permit, cornmit w suffer no waite, impairment or deterioratio~ of said p~operty or any part thereof. 5. To pay alt and stngular the costs, charges and expenses, includ+ng a reasonabte atta~ey's fee and coses of abstracts of fitle, incurred o? paid a~ +»y rL=:e by s~id b1URTGAGEE, because or in the evero of the failure on the part of the said MORTGAGOR to duly, promptly and ful~y perform, d~scharge. _~x~tuir, effecr, co~nplete, comply w~th and ab"de by each and every the stipulat~ons, agreements, conditions, and cove~ants of said promissory rtot~ and this ±:ortgage a~y or e~rher, and za~d cosrs, charges and expenses, each and eve?y, shall be immediately due and payable; whethe~ w not ~here be notice de .~~,nd, atrempf to co:;ect or suit pend~ng; and the full amount of each and every such paymem shall bear ;nterest from ~he date thereof until paid a1 the ' 1-~ o° nu~e exr centun, per an~w:n; aiid alI safd costs, charges and expenses incurred w paid, together w~th such ente~est, shall be secwed by the lien of th~s mortgage. i 6. That (a) in the event of any breach of this Mortgage or default on t1K part of the MORTGAGOR, or (b) in the event any of sa[d s~ms of money here~n referr~d to be ~ot promptly and fully paid wiihin ihuty {30) days ~ext after ~he same severa.ty become due and payable, without demand or notice. of (c) in ~hr event e>ch and every the stiputations, agreements, condltions and tovenants of sa.d promiuo~y note and th:s mortgage any pr either a~e not i.,:y, promptly an~! iully pe~lormtd, d~scharged, executed, elfected, compfeted, compiied with and abided Sy, then in e~ther or any such event the sa~d ag 3~cyare sum mrntioned in sa~d p~omissory note then remaining unpaed, with interest accrued, and all moneys secured hereby, shall became due and pay- ±e'e forthwith, o. tFereafrer, at the option of sa~d h10RTGAGEE, as fully and completely as if all of the said wms of money were orgioally sGpulafed be pa.d on suth dcy, anylh~ng in sa:d pro:nissory note or in this Mortgage fo the contrary notwithsta~d~ng; and thereupon or theaeafter al ~he option of s cf h10RTGAGEE, wirhout notice or demand, suit at law cx in equity, therefore or thereafter begun, may be prosetuted as if all moneys setured hereby r. d matured pnor to ns institution. 7. That in the event that at the beginn~ng of or af any time pendinq any su~t upon this ARortga~e, w to forectose it, o~ to reform i?, or fo enforce ,~ymenf of any ciaims h2reund_r, said MORTGAGEE shall apply to the Couit havi~g ~urisd~ct~on tbereof for Ihe appo~otmeN of a Receiver, wth tourt shall r; rrnwUh appoiM a rMeiver of said mortgaged property ali and Singular, indud;ng all dnd singular the ir.tome, ptofJS, issuei and fCvenueS f~om whatever rc< der~„ed. each and every of wh:ch, ir be~ng express7y undersrood, is hereby mortgaged as if spec.licalty set forth and deuribed in the gronting and ~•!,endvm c:ausas hrrz~of, and wch Receiver shall have al! the broad and effective funcnor.s and powen in anyw~se entrusted by a Court to a Receiver, and s_~h a~poinfinent sh,~n be made by such Court as an admitted equity and a matter of absolure right to said MORTGAGEE, and without reference to 1he .;i.au;cy or inadeqvacy of the vatue of fhe property mortgaged or to the so~vency or ~nsotvency o( said MORiGAGOR p the defendants, aAd that such rs, prof~ts, inco.ne, issues and revenues shall be applied by such Receiver accord,ng to the lien or equity of sa~d MORTGAGEE and the practite of such Court, 8. io d~ly, promptly and iully pe~form, d;scharge, execute, effect, comptete, comply w~th a~d atide by each a~d every the stipulatio~s, agreements, ~:~:idit~ons and c~venants ~n sa~d promissory note and this mortgage set fonh. 9. 7hat in ~he event the ewnership of the mortgaged premises, or any part thcreof, becomes vested in a person other than the MORTGAGOR, the :~RTGaGtE, its successo~s ar.d ass~gns, may, wirhout norite to ~he AtiOR7GAOR, deal with such wccessor or succestw in interest with reference ro this ~•rgage ard the d_ut hereby secured in the same manner as w~th Nlortgagor without in any way vit:ating or d~scharging the Mongagors' liability here- _.,r or uFw~ the debt hereby secured. No sa!e of the prem~ses hereby mortgaged a~d no torbearance on the part of the MORiGAGEE or its successors ~~r ess~9ns and no ex~ension of the time for the payment of the deb~ here6y sec~red given by the MORTGAGEE or its successws w au~gns, a~wll operate ' ro re~eose, d.scharge, modify change or aff~f the original liab:tity of the MORTGAGOR herein, either in whole or in part. k 10. It ~s spec;f~cal{y agreed that time is of the esse~ce of this tontrad and that no_ waiver of any obGgation hereunder or of the obtigatan se- cu:ed hereby sha~i at any time thereafter be held to be a waiver of the terms hereof w of the inttrument secured herby. _ 11. In ~dd;rici to the forego ~.g month!y paymc-nts o4 princ pal and interest required by the prom'ssc~y no'e secured hercby, mortgagar covenants ~ d~~~aes to ray to r:o-tyayee wrth each mo~thiy payr,:ent an add,~ion~! s~m esrmated by mortgagee to be eq~al to 1; 12 of tSe annua! cost of ti~e fof(ow- A-All reaf ~.roperty t~xas levic~ or assess_d agai•ist th~ above described real estafe. 6 Fr.:r.w•:~s oa f~re ar;d v~~rdsro~m insurar.ce as herein req~~red to be carried on the imp~ovemeits situate on ihcs above dascribed premises. G-Pre:n~u:r.s on svch morigage guaranty inwrar:ce as mortgagee shai! frorr t~me to time deem iit to tarry on the loan secured hereby. Alorrgaaec sha l ercm ri~n.~ to t~me not7ly mortgagor ;n w.;nng of the amov~t due and payable hereundrr and suth surn sha!! tbereupon be due and .,nb'e on th~• due ciare or ~h~ n~~,et month:y payment an~+ each successive monrh thereafter uc~il mortgagee shall not~fy mortgagor of a change in such .:,ns. Such sums sha:i be app ied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty insurance ~~~rivms. IN l'lIi~JE$5 `:lHER'cOF, the said MORTGAGOR has hereunto set his ha~:d and seal the day and year first afwewi ~ gned, Seated an eivered in the presence of: ~ -~r ( ; , d J . h a~ • - (SeaO / Z' L (Seal) thv qht t (Seaq ~;.~TE OF FLORIDA ~ ~":;~arY oF _ St. Lucie ~ 1 Befwe me perso~atly appeared David ,I. Liahtfoot and i~tEly .J. I.ightfoot his wife, to me well known and known to me to be ind~vidua(s descr~bed in and who executed the foregoing inztrumeni, and acknowledged bef~re me that they executed the same for ihe purposes j 'h•:r~;n expressed. And the sa+d Kathy Liqhtfoot <<~ of +h~ s,;d ___David J. Liahtfoot ~'6' S'separate snd private ~~,mmat~on by me taken separate and aparf irom her said husband, atknowledged to and before me 1Fwt she exetuted•1~(d~ instrJmeni 6eely and volutr -•~;y a~~d w~fhout any computsion, constraint, apprehens~on, or fear of w from her said husbarrd. `~~v - Y~ITNESS my hand and official seal this-_ ISL ALl USt day of ~'.A. 0:. 19 72 . _ , ~ _ - Notary Public in end foi 1he;Sta 6f ~Fbrttla' a lar ~~A ~~RGE My Comm~ssion expir~s:; ' st~l0~, Retv~n io: ~Ry p~gl1G~ t5, 1975 F;rst Federal Savings a loan Assaciation 2345 M~ •"~~~e. \~~~y~ ~ ~ (Mtl~• O cort Pt..~p r F~~r F...rce. Fior~~, fILEO AND RECOR D~ : ` _ ~ ~ ST. LUCIL ~OUMTY F~A. ' ~ - ROG~r ?riI i RAS CtERK Ct'r,CttlT COUR ,.i~~ RFCOFO Y~n~P;~~--~7~~~ . This Instrument Prepared By Ronald L. Stutz ; First Federai Savings.& Loan Association ~ 1 I s9 PN of Fort Pierce, Floiidd Checked By~ . BooK 204 ~ncE 2365 - ~~.s.-