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To p'ace and tONinUOUSIy keep on the bui'd~ngs now or herealrer ~7tuate on sald Iand and on a11 equ~pment and personally covered by ~his ma nga. w~th all ptemi~ms thereon pa:d in 1ull, fita insurence in the usuai standard poticy form, in a sum approved by Ihe MORtGAGEE, and windsto ~~surantt in tha utual Stantlard ppLCy fonn, in s Sum dpproved by Ihe MORTCiA('iEE, in such canps~y Or tompanias es thg MORIGAGEE m d~~ec>; and al! fire ar.d w;nJsro~m insurencs policies on any of said build~ngs, any inrerest ~herein or part thereof, i~ the aggrega~e sum aioresaid excess the~eof, s1~all ;om;,in the uwal itandard morrgagee clause or such othe~ clause as the Mortgagee may reqv~re, making th@ lois under sa~d po c~es, each and every, payab!e fo said htQRTGAGEf as its interrst may appear, and each and every suth po!~c/ shall be promptty ass gned a~~d delivered i any he:d by satd h10RIGAGEE as tunher secur3iy to ia~d n,origage dabt, and, not lesa than ten (10l days in advance of the expira~~o~ oi each po6cy, to d~ ~•~e~ to sa~d :~10RTGAGEE a renewal the~eof, ~oge~he~ with a ~ece~pt for ~he premium ot such renewal; and tliere shall be no f~re or windstorm insuranc p!o:ed on any of said build~ngs, any interest therein a port thereof, unleu in the form and with the loss payable as aforesaid; and in Ihe event any su~ of money becomes payable u~~der such polity or poGcas said MORTGAGEE shall have the opYon to receive and app!y the same on account of the i~~drbt~d :~~~ss secured hereby w to perm~t said MORTGAGORS to receive and usa it w any part thereof for o:i.~~r pur.~oses, v,~~t,o~t ~h,.~u~ .wi+i,~~ or ~~np.:ir ir~ any equ~ty, Iicn or right under or by virtue of this mo:tgage; and in ~he event sa:d MORiGAGQRS shall for any reasan fail to keep the said prem~srs so ~~wred, or fail to delive~ pranptly any of said politiei of insuran~e to said MORTGAGEE, or fait prompNy to pay fullY any pren~i~m thcr~tor or in d~y ~espea fait ro perform, d~scharge, execute, eflec~, complete, comply wiih and ab~de by th~s covenant, o. any part hereof, sa~d MGRTGAGEE may place a~~d e;a~ for s~ch insur..nce or any part tnereof without waiving w affecting any option, lien, equ~ry, w rigM unde~ w by virtue ot this Mortgage, and the FuI! a~nount oF each and e~ery such paymem shall be ~mmedla~ely due and payable and shall bear interest from Ihe date thereof umil pa~d at the rate o1 ~~~~~e prr cemu:n pe~ annu,n and to~eiher with such interest shali be sacured by 1he lien of this mwtgage. 4. To permit, commit o~ suffer no waste, impairment or deterioretion of said prope~ty or a~y parf thereof. 5. To pay afl and singular the costs, chargea a~d ezpenses, intludirg a reasonable attwney's {ee and cos~s oi abstracts of title, incurred o~ paid at +ny ti,r.e by sa+d MORIGAGfE, because or in Ibe event of the iaiture o~ the part of ~he said MORTGAGOR to duty, promptly and fuUy pertorm, d~stharge. ~~~wte, efien, compiefe, comply w~~h and ab;de by each and every the stipulat~ons, agreements, conditions, and covenants of said prpmissory nole and this ~ errgage any or e~~her, and sald costs, charges and expenses, each and every, shall be immediate~y due and payable; whether w not there be notice ds ^:,ind, a!tempt to coltect or sv~t pend~ng; and the full a~nount of each and every such paymem shall bea. iNCrest from Ihe date thereof until paid al the r r~~ o~ n~ne pe~ cenwm per ann~,n; ard aH said costs, charges and expenses incurred or paid, together w~th such interest, :halJ be setured by lhe ~ien of thia morfg~ye. ' . 6. That (a) in the event of any breach of th~s Mortgage or default o~ the part of the MORTGAGOR, or (b) in the event sny of sa?d sums of money Fcrcin referrrd to be not proniptly and iully paid within thirty (30? days next aiter the same severally betome due and payable, withoul demand or notice, cr (c) in the evrnt each ar.d every Ihe supu;anons, agreements, tonditions and covenants of sa:d promissory nete and th~s mortgage any or either are o01 iul~, prompdy and f~lly performed, d~scharged, execu?ed, elfected, completed, compGed w~th and ab~ded 5y, then io either or any such event the said ag ~•egate sum mennoned in said promissory note lhtn remaining unpaid, with interest accrued, and a:l moneys secwed Frereby, shatl betorpe due and psy- e fo.thwirh, or thereafter, at the option of sa~d MORiGAGEE, as fu~ly and .ompleiely as if all oi the said sums of money were or~ginaUy suputated c be pa~d on such dey, anything in sa:d promissory note or in this Mwtgage to the conrra~y notwifhs?andi~~g; and thereupon or thereaFter at the option of s• ci MORiGAGEf, without not;ce or demand, suit at law or in equny, therefwe w thereafrer begun, may be prosecuted as if all moneys setured hereby c:d mawred pt,or to us institution_ 7. That in the evenl that at the beginning of or at any time pending any su~t upon this Mortgage, w to foreclose it, or to reform it, or to enforce ;~;ment of any cla+ms he~eunder, said MOR7GAGFE sba:l apply to the Court having junsdlction thereof for tha appo~ntmeN of a Receiver, such Court shall r; fh.vith appoiro a receiver of said mortgaged property all and singular, includ~ng all and sing~lar the income, profita, issues and revenues from whatever ~.•ce drrived, esch ar,d every of which, it being express~y understood, is hereby mortgaged as ~f spec~licaNy set (onh and desuibed in the g~anting and !~':end~m c+auses hereof, and such Receiver shali have all the broad and effective funct.ons and po.vers in a~yw~se entrusted by a Court to a Receiver, and _h appo;ntme,it shaH be made by such Court as an admitted equity and a matter of absolvte nght ro said MORTGAGEE, and without referente to the -a:,~c~ or inadequacy of the value of the properly mortgaged or to the so:vency or ~nsotvency o1 said MORiGAGOR or fhe defendants, and that such - ts, profirs, inco~~e, issues and revenues shall be appiied by such Receiver accord~ng to the lien or equity.of said MORTGAGEE and the practice of such Court. 8. To duly, prampt?y and fully per(orm, discha~ge, execute, effect, complete, comply w~fh antl abide by each and every the stipulations, agreements, _~,dd~ons and tove~ants ~n sa~d promisswy note and this mortgage set forth_ 9. Thar ~n the eYent the ownersh7p of the mortgaged prem~ses, w any part tnereof, becomes vested in a pe.son other than the MORTGAGOR, the "~RTGAGfE, its successors and ass~gns, may, w~rhout notice to rhe MORTGAOR, deal wrrh such sutcessw w wccessor in inferest with refere~ce to this ^ o•~gage ar.d the d_bt hcreby secured in the same man~er as with Mortgagw withoW in any way vit~ating pr d~uharging the Mongagors' liability herr der or upon ~he detrt hereby secured. No sale of the premEses hereby mortgaged and no forbearance o~ the part o( the /dORTGAGEE w its successors er ass~gns and r.o extens~on of the time for the payment ot the debt hereby secured given by the MORIGAGEE or ils s~ccessors a assigns, ahall operate 'o re~ease, dscharge, modify change o? affect the original liab~lity of the MORTGAGOR herein, either in whole or in part. 10. h~s speuf~caliy agreed that Gme is of the essence of th~s cororad and thal no waiver of any obtiganon hereunder or of the obligation se- c_ -~~d heretry shah at any time thereafter be hetd !o be s waiver of the terms hereof or of the instrument secured he~by. 11. In add.tloa to the fotego ng month!y paymenis of princ pal and inrerest requ~red by the prom~sscry no!e secured hereby, mortgagor covenants ag._es ro pay to ~no-tgagee wi~h each monthiy pay~ne~~t an add~rional sum est~mated by mortgagee to be equal to 1;'12 of the annual cost of the follow- A-Alt rea~ properry taxas lei~ed o~ assess~~d agai~isf rhe above descr;5ed real estate_ 6- Fr~•~r~u ns o~ f~re and windsto:m ins~racce as here~n requ:red to be carried on the improveme~ts situate on the above desuibed premises. C-Prem;u~r~s o~i such mortgage guaranty ir.surance as mongagee sha{I from t;me to time dee.~n fit to carry on the loan secured hereby. ~:'.ortgagee sh;ll f~om ~~~ne to t~r-,e norify mo~tgagor in writ~ng of the amou~t due and payable hereundar and such sum shat! thereupoo be due and . ab!e on th~ d~~ d.=!~~ of rhe next monthty payment and each successive month thereafter until mortgagee shall notify mortgagor of a change in such o~nt. Such sum,s sFs:f F;e app:ied by mortgagce toward the payment of real property taxes, insurance prem;ums, ortgage g raNy insurance em.~ums. IN ~YITP~ S'::H~R~ ehe sa~d MORTGAGOR has hereunto set his hand and seal the day a ye~ first aforesaid. /yt~ n red in the presence of: • % ~ If~' ~ in - `~1111dA : ' I (SeaO -•-j- _..r _ (Sea4 ~ Jo e A. Gentr s~an ~~.aTE OF FLORIDA ~ F St Lucie ~Jt.,'JTY OF _ • ~ Before me personally appeared _ W1111aA H. Ca ntry a~ Joyee A. Gentrv his wife, to me well known and known to me to be ~ individuats described in and wFw executed the foregoing instrurttent, anc/ acknowledged before me fhat they executed the same fo? the purposes +i,_.ein expressed. Md !he :a~d- Joyee A. Gent ~ - os ~ne ,a,a _ William H. y - ~aCAtr ~ ~ ~ra~e, and privaro •:;rn~nat~on by me taken separate and apart from her said husband, acknawledged to and before me that she executed sakl~i~wt6M8M.(~eel~ and volurr an~ wnhout any compwsion, constraint, apprehension,~° fear of or irwn 1?~r said husband. ~ ' ~ ~YtTNESS my hand and off;c;af seal this_ day of 1 f1IIC~tlSt ~~~•~D..1972 ~ t +j ~ ~ , . ~ - Notary Publ;c in snd for tbq,9late j ida at Larpe My Comm~ss~on eapires: . ~ , ` L ; ; Return To: ` , - F~rst Federal Sa~ings 3 loan Assoc7at;on YOiARY PUBUC, STAT~'of,fJ.Of~{DA ~t ~KGE OF Fo~t P._.:ce. MY COMMISSION EXVIRES~ ~•~l~5 } Fort Pi-:r«, flori;J3 Bon6ed 8r Americart Bankerf-loa~nfA~e Go. ~ ~ 234519 This Instrument Prepared By Willian B. Braun ~T~~UCIE CQUMTY F~A. First Federal Savings 8 loan Association RQCf R POITR~a of Fart Pierce ~ Florida CLEPK C~:'iCUIT pOURT REcoRO vChiF~fp.,,~,~,,,_~ Checked By ~ 1 2 03 PN o Q . so~Kzo4 P~~E23?5 : . _ _~.e_~ . . . y _ _ _ . - n~