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To place and continuously keep on the bui:dings now or hereafter situate on sa~d land and on all equ7pmenf snd personeily covered by this mor age, with all premium~ the~eon pa~d in fuli, lire inwrance in ihe us~al sta~ard policy form, in a sum dpproved by the MORiGAGEE, and windito ~n:urance in the usual sTandard poi:cy torm, in a ium approved by the MORTGAGEE, in iuch company or canpanies as the MORTGAGEE m d~rect; a~d ali tire and w~ndsro~m insu~ance polic+es on any of said build~rg~, any i~terest therein or pa~t lhereui, in the agqregate su~n aforesaid in exceas thrreoi, shall :ontain the usual standard matgagee clause w such o~her clause as the Mortgagre may requ~re, making tha {ou under sa~d po ~ :~~~s, each and evriy, payable to said MORTGAGEE aa its imere~t may appear, and each and every such po~;cy shall be promptty ass.gned and delivered ~ ~ any held by satd MORfGAGEE as further security ~o said mortgage debt, and, not leu ~ha~ ten (10) days in advance of ~he expiration of each pol~cy, to d~ 1.ver eo said MORTGAGEE a renewal thereoF, togetha wilh a reteipt tor the premium of such ~enewal; and the~e shall be ra f~re or windsrorrn insu?anc ~;faced on any of sa~d buitd~~+gs, any interest there;e a ps~t thereof, unless in the form and with the loss payable as aforesaid; and in the eveM any sun of money beco~irs payable under tuch policy w policies said MORiGAGEE ahall have Ihe oplion lo receive and apply the same on account oi the indebted ress secured hereby or to petmit said MORTGAGORS to ~eceive and use it or any parf theraoi for o:Fxr purposes, v.~ihout tha~eo~ waivin3 or ~n,pdi. any equ~ty, Iien w riqhl under or by virtue of this mo:tgage; and in the event u~d MORTCrAGORS s6a11 !w any reason fail to keep tfie said premises so ~nsur~d, or fail to deliver pranptly any of said polecies of insurance to sald MORTGAGEE, w fail promptiy to pay futfy any premiurn therefo? or in any resF~ect fail to perform, d+scharge, execwe, ef(ect, complete, comply wi~h and abide by this covenant, or any part hcreof, said MORiGAGEE may place a~~d p~~ for such i~surance or any part thereof without waiving or affecting any option, lien, equity, or right under or by virtue of this Mo~tgage, and the t~,~1 amount of each and every suth payment shatf be im~ntdiately due and payable and s?+a!! bear interest from tha date thereof until paid at the rate o1 ~~::e per centum pe~ annum and to~eiher with such interest shali be secured by the lian of this-mortgage. , a. To permit, cort:mit ot su((er no waste, impai~ment w deterioration of said propcrty or any part thereof, ? S. To pay all and singular ?he costs, chargea and expenses, including a reasonable attornty's fee and costs of abstracts of title, incuned or paid at i .~~y time by said MORTGAG'.E, because w in the eve~t of the (ailure on the pan ol the said MORTGAGOR to duly, promp~ly and fully pertorm, d~uharge, f ~.cwte, eifed, compleee, compty w~th and ab;de by each and every the stipulations, agreements, conditions, and covenants oi sa~d promissory nme and ih~s ~:ortgage any w either, and sald costs, chsrges and expenses, each and every, shall be immediatety due and payable; whethe? or not there be not~te de ~~:.,nd, altempt to collect w suit pend~ng; and the full amount of each and every such paymeM shall bear intero:t from the date thereof uNil.paid at the ot nine per centum per anuu:n; and aH said costs, charges and expenses ioturred w paid, togethe~ wdh such interest, shaU be secured 6y the lien of thii mortgage. 6. 7Fw! (a) in the even? of any breach of this Mwtgage or default on the part of the MORTGAGOR, w(b) in the event any of sald sums of money hcrein referred to be not promptly and fulty paid wi?hin Ihirty (30) days ~ext aft•~r the same severalty become due and payable, without demand or notice, ici in thr event each and every t:ie stiputations, agreemenn, cand~rions and covenants o1 sa:d promiasory note and th~s mortgage any w eithe~ are not i,,:y, promptly and fully perfwmed, d~uharged, execu~ed, effected, compteted, complied with and ab~ded by, fhen in either or any such evero the taid ag- ~r:gate sum mentioned in said promissory note then remaining uopaid, with interest accrued, and alt moneys secu~ed hereby, shall become due and pay- a:; ; fo~thwith, or rhereaf~er, at the opf~o~ of said MORTGAGEE, as fully and complete~y as if all of the said sums of money were w~ginally st~pulated fo be pa:d on such day, anything in sa:d promissary note w in this Mor?gage to the conrrary rtotwithstanding; and thereupon or thereafte~ at 1he option of s,,_f MORTGAGEf, wrthout nofice .x demand, suif at law o~ ;n equity, therefose o~ thereairer begun, may be prosecwed as if all moneys secured hereby - r._d matured ptior fo ds institufion. 7. ihat in the event that at the beginning of or at any time pending any suit upon this Mortgage, or to fweclou it, or to reform it, or to enforce ;~;ment of any ctaims he~eunder, said MORiGAGEf shall apply ro the Cou?t having jur~adtd;w~ thefeof for the appo~ntment of a Receiver, suth Court shafl .c~~hv~irh appoint a rxeiver of said mortgaged property all and singular, inctud~ng a!1 and singular tne irtcome, profits, issues and revenues from whatever .,~ce derived, each and every o( whicfi, it be~ng expressly understood, is nereby mortgaged as i( spec~ficatly set forth and described in tht g,an?irg and t•;endum dauses hereof, and such Receiver shall have ali the broad and effective funct~ons and powers in anywise entrusted by a Court to a Receiver, ared ± s_h appointment shall bc made by such Court as an admitted equity and a matter of absoiute right to said MORTGAGEE, and witFwut referente to the _,:_,~~acy w inadequacy of the value of the property mwtgaged or to tne so~vency or insofvency of wid MORTGAGOR w the defendants, and that such ~~s, profits, inco.ne, issues a~d revenues shall be app~ied by such Receiver according to the lien or equity of said MORTGAGEE and the practice of suth Ccurt. 8. To duly, promptfy and fuffy perform, discharge, execute, effecf, mmplete, tomply w;th and abide by each and every 1F~e stipulations, agreements, :o~.dit~ons and covenants ~n sa~d promissory note and this mortgage set for~h. 9. That in the event the ownership of the mortgaged premises, o? any part thereof, becomes vested in a perwn other than the MORTGAGOk, the } ^FtGAGEE, its successors and assigns, may, withoul nouce to the MORTGAOR, deat with such wccessw or successor in interest with relerente to this ~ :~yage ar.d the deb~ hereby secured in the same manner as with Mortgagor without i~ any way vitiating or discharging the Mortgagors' liability here- f ~ oer or upon the debt hereby secured. Ido sa!e of the premises hereby mortgaged and no forbearance on the part ai the /AORTGAGEE or its successws ~ i o~ ass~gns and no extension of :he time fw the payment of the debt hereby setured given by the MORTGAGEE or its s~ccessors or auigns, atiall operate ro re~ease, d~scharge, modity change w affect the original liaoility of the MORiGAGOQ herein, either in whole w in part. 10. It is spec~iicalty agreed that time is of the essence of this contract and that no waiver of any obl~gat~on hereunder or of the obligation se- .urrd herehy shafi at any time thereafter be held to be a waiver of the terms he+eof or of the instrument secured }~erby. 11_ In add.t:o~ to rhe io~ego ~~9 monrhfy payments of prin~ pal and interest required by the promissory no~e secured hereby, mortga~or covenants ~ d agr~s to pay to mo-tgagee with each momhly pay~nem an add~rional sum esnmated by mwtgagee to be equal to 1;' 12 of the annual cost of the follow- A-All real propcrty taxrs tevied or aszessed agai~st the above described real estate. B-Pmm~~rns on fire and windsto:m insuracce as herein requ;red to be carried on the im~roveme~ts s~tuate on th,.• above d~scribed premises_ C-Premiums on such mortgage guaranty insurance as mo~tgagee shall {rom time to time deem fit to carry on the loan secured hereby. Mortgagee s!~a!I fro~n t~~ne to time norify mortgagor in writ~ng of the amovnt due and payabte hereundrr and such sum shall thereupon be due and .abte on rhe due dare of the next monthly payment and each successive monrh thereaficr ur,til mortgage.~ shall notify mortgagor of a change in such ;.,ro_ Such wms sha:i be app!ied by mortgagee toward the payment of real property taxea, insurance prem:vms, and mo~tga9e guaranty insurance ~emiums. !N W)7NES5 Y~HEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and_year first aforesaid. ~ ~ S' rve in the presence of: r t; ~vG v_~-/c ! -C_~iil i~~ (Sean I k -r " ~an " - (Sea~ _ (Seal) ~ f S"~iE OF FLORIDA ~ C :~NTY OF St. Lucie ~ ~ Befo?e me personaliy appeared B81't.010 ~.VSP@Z s~ ~ , I''uC~/ V8I'@Z his wiie, to me well known and known to me to be ~ r~ individuals descrbbed in and who executed the fwegoi~g instr~ment, ard actcnowledged before me that they executed the same for tf~e pu~poses ~ t~c•e~n ezpressed. And the said Tucy Alv~re2. of the sa~d R~~'~'./~7 O~VSI'~2- upon a separafe and ptivate •;~n:narion by me taken separate and apart from her said husband, acknowledged to and before me that she executed said instrument freely and voluo- ~ and w~thout any compuision, constraint, apprehensi~oo..Ar fear of w from her said husband. ~!/f Y,IITNESS my hand and offic~al seal thi: day of t A. D. 19~_ Notary Publ' ~n ant! for tl~e tate of Florida at Large ~ Return To: My Commi ion expires: . 7,S` 1 , f(rst federal Savings 3 Loan Associatio~ ' ~~~~~~.i,.,, . Ot Fu.t P erce. . . Fort Pi_rce, Flcrida ' j - , . . . - i~ ~UQ E C U CTi` /[~1. ~CER P01}~RA~ ~ = ~ ~ " OLERK CIRC It OQyA1 This Instrument Prepared By 1~RA. E. Braun ~ ~ R E CORD yFR~~~~~ First Federat Savings 8~ Loan Association -j of Fort Pierce~ Flol'id2~ ' ' . ~ l Z 0z P~ ~~1 ` Checked By ' ~ ~ e~~Kzo~ Q~~f~~s i ~u~ ~ ~ _ : ~ , _ ~ ~ ~ Y