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To piace and cont~nuously keep on the bui:dings now or hereafte? ~iluate on said land and on alt equ~pment ar.d pe~sonally cove~ed by lhis mo~ age, w:~h all preaiiu~u thrreon pa:d ~n fult, fire inswance ~n the usual s~andard poi~cy fo~m, in a wm app~oved by Ihe MOk~tiAGEE, and windsto :~surance in tha ~s~al standard pol;cy form, in a sum approved by tha MORTGAGEE, in such tompany cr compan~es as the A10RiGAGEE m d:rett; and ali 1i~e and windstorm in=urance politics on any of ia~d bu~~d~ngi, any interest the~pin or part there6f, in Ihe aggrrgatp tum aforesa+d fn extess ihe~cof, shaft contoin Ihe uwat sta~~dard matgaqee ciause o? such other dause as the Morlgagee may requ~ro, makirg the loss under sa~d po c~~•s, each and every, payob!e to said h10RTGAGEE as ~ti interest may appear, and each and every such poticy shall be promptly ass gned a~~d de~ivered ~ an,, h~id by sa~d MORIGAGEE as iur~her security to said n:ortgage dabt, and, nor less than ren (10) days in adva~ue of ihe expiration of each pol~cy, to d~ i,vrr ~o se;d b10RTGAGEE a renewal thereof, toge~her with a receipt for the premium of such renewal; and the~e sha11 be no fire or windsto~m insurant ~~~aced o~ any oi s~:d 'ovi!d~ngs, any ineerest there~n or parl thereof, unless in ~he form and wi~h ihe loss payabie as oforesa~d; and in the eVent any s~n of nio~ey beco:nes Fayable vndrr s~ch policy or pol~cies said A50RiGAGEE shall have the opt~on ro receive and app!y the same on ac:ount of Ihe indebted ~~_•ss sec~red hereby or to pe~mit said tAORTGAGORS to reeeive and uu if ot any pa~1 thereoi ior o:iier pw~.osrs. ~v~~hout th~•~o~ w:;i.~.~g cr ~~npair ~ ~~g any equ~ty, Gen or r~yht under or by virtue of this mo:tgaye; a~d in tAe event sa[d MOR)GAGORS sMa!1 for any reason fail to kcep the said premises so nsured, or fail ro drfvcr p~omptly any of said poGdes of insurance to said MORTGAGEE, or fai! promptly to pay fv~ty any pre~ni~m thereiw or in a~y resF ec~ iait to per(orm, d~scharye, execut~, effect, completa, comply wi~h and ab~de by ihis cavenaM, a any part hereof, said MGRTvAGEE may place a•~d pa~ fo+ wch insurance or any part thereof w~thou~ wa;ving or aftecliog any option, lien, equity, or right under o~ by vi~tue of this Morfgage, and the f~.ll azno~m oi each and P,ery such payment shall be ~mmediately due and payable and shalt bear interest from the dafe thercof ur.iil p~id at tha rate of '~-~'c par crntum per anrum and to~ethar wuh such interest shall be S~ured by fhe ~ien oS thif mo~fgagB. 1. To permit, commit w suffer no waste, impairment or dererioration oi said property a any part thereof. 5. To pay all and singular the costs, cha:ges and expenses, including a reasonable attorney's fee and costs of abstracts of ti~le, i~cur~ed or paid at a~~ tl~,:e by said MORiGAG'.E, because or in ~he evero of ~he fa~lure on the part of ~he said MORTGAGOR to duly, promp~ly and fuity periorm, d~scha.ge. ~~~wte, effett, canp:ete, comply with and ab:de by each and every the atipulai~ons, agreements, tondit~ons, and covenants of said promissory note and this ~ ~,orrgage any o~ e~ther, and sa~d costs, charges and expenses, each and every, shall be immediately due and payablr; whether w not there be notice de } n.,nd, atre~~~pt ro co'.1rct w suit pendhig; and the (ull amouN of each ar.d every such paymem shalt bea. interest from the date thefeof uroii paid at tht ~ o' ~~+ne pe. c.n:~m prr annum; and all said costs, charges and expenses incurred w paid, together w~th such interest, shall be secured by the lien of thi~ e r~,crtgage. 6. That (a) in the event of any breach of this Mortgage or default o~ tF~ part of the MORTGAGOR, or (b) in fhe event any of sa:d sums of money i.«ain refer~ed to be not premptly and luily paid within th~~ty (30) days next after the san,e severa:ly become due and payable, without demand or notice, ; r,,) thr event each and every the stipulations, agreements. cond~tions and covenants of sa.d promissory no~e and th~s mortga9e any a either are not i~:y, promptly and fui(y performed, dacharged, executed, effected, compfeted, compGed wi~h and abidad Sy, ~hen in e~ther or any such event the sald ag _~.3ate sum mentioned in sa~d promissory note then remaining unpa~d, with interest occrued, and au money~ secured hereby, shall become due and pay fo~~hwith, or thereatter, at the opt~on of said MORTGAGEE, as fully and comptete~y as i( sll o~ d~e safd sums of money were orlginaily st~pulated : be pa.d on such d.:y, anything in s3:d prom~ssory note or in this Mortgage to the contrary notwithstm~d:ng; and thereupon or thereafter at the opt~o~ of MORiGAGEE, v~~thou: notice or demand, suit at ~aw or in equity, therefore o~ thereairer begun, may be pro;etuted as if all moneys secured hereby d matured pnor fo ns institution. 7. 7hat in the event that at the beg;nn;ng of or at any t~me pend~ng any suit Upon this Mortgage, w to fwecbse it, or to reform it, or to enforce ;.~,~,~ent of any claims hereunder, said MORTGAGEE shal~ apply to the Cour~ having jur~sd~cfion thereol for the appointment of a Receiver, such Court shalt ,.•~hw~rh appoint a rece~•rer of said mort~aged property al( and singutar, in:lud~ng ~U and sirgu~ar the income, p~of;fs, issues an~ rever.ues from whatever ~:•:e d~~r:ved, each and every of wh!ch, it being express~y understood, is F.ereb~l~+ oitgaged as ~f ipcufieaity iet forth and described in the g~aming and >endum c!auses hereoi, and suth Receive~ shail have all ~he broad and effective'iLn~t,ons and powen in anyw~se eotrusted by a Cou~t to a Receiver, and s~'r: appointrttent sh3u ~ made by such Court as an admitted equity and a matter ofi.absolute right ro said MORTGAGEE, and without reference to the ~avacy or inadrq~acy of the value of the property mortgaged or to the so~vency or insotvency o( said MORIGAGOR or the defendants, and that such ~s, profits, inco.ne, issues and revenues shaU be applied by such Receiver accordmg to the lien or equity of said MORTGAGEE and the praclice of such i ~ JUfT. t 8. To d~!y, promprly and (ully perform, dis:ha.ge, execute, effect, complete, comply with and abi~e by each and every the stipulatio~s, agreemeots, + -~^d~t;ons and covenams m said promissory nete and th~s morrgage set fo~th. 9. That in the event the owne.ship of the mortgaged prem~ses, or any part thereof, becomes vested in a pe~wn other than the MQRTGAGOR, the :•'~RTGAGEE, i~s successors and aisigns, may, wifhout norice to the MORTGAOR, deaf with such successor or successor in interest with reference to this i o~tgage a~ d?he d-_b+ he.eby secured in the same manner as wiih Mortgagor without in any way vitiating w d~scharging fhe Martgagors' liab+lity here- ,ier or vpon rh~ d-_b~ hereby secwed. No sale of the premises hereby mortgaged and no forbearance on 1he part of the /AORiGAGEE or its successws c- ess~g«s and r.o extens~on of the time for the payment of the debt he.eby secured given by Ihe fhORTGAGEE or its successws or au~gns, a+ia(I operate ro re~ecse, d~scha:ge, maliiy change or afifect the orig~naf liabd~ty of the MORTGAGOR herein, either in whole or in part. t0. fr is spec~f~caliy agreed that time is of the essence of this contract and that no waiver of any ob~igation hereunder w of the obligaf'wn se- o. red hereby shal~ a~ an~ time thereafter be hetd to be a waiver of the terms hereof w of the instrumeM secured herby, 11. In .;;id ic.i ro the forego'ng monlh!y paym_nts of princ pal and interest requ~red by the prom~sscry no!e secured hereby, mortgagar tovenams agr~rs ro pay to n:o-tgagee v.ith each monrhiy payr.~ent an add~riona! sum estrmated by mortgagee to be equal to i; 12 of the ann~al cost of the follow- ; A-A't rcal E-.rop•~r!y taxes lev~e.a. or assessed agai~,st the above described r,al esrate. 6- Fr~:r:,,~ns o~ f:re and windstorm insuracce as here~n requ~red to be tarried on the :m~roveme~ts situate on the above d~scr~bed premises. C-Pre n:u:• s oo svch mortgage guaranty ir.surance as mortgagee shall fror*: ?me » time deem fit to tarry on the loan secvred hereby. i Morrgdgre s~a f f~om t~:ne to t~~„e notify mortgagor ~n writ~ng of the amo~m due and payab'e hereundrr and such surn shall thcreupon be due and ~,.+b:e on the uve ciare of ~h~ next ~»onth!y payment and each successive month the:eafier urei~ morfgagee shall not~fy mortgagof of a change in such unt. Such w~ns s~a:i be app.'iad by mortgagee toward the payment of rea! property taxes, insurance prem:ums, and mortgage guaraMy i~surante ~ •~~~ums. iN \'~ITNE55 '+'='HER~OF, the said MORTGAGOR has hereunto set his hand and seal the day a year first afore d. Signed, Sea!ed and detivered in the presence of: - ~ ~ ~ Seal) , j i , _ J W . Honea Sr . ~~ai~ ; . ~ _ ~ ` , . ~Seat) f _ _ I.illian M. Honea ts~an ~ S"~TE Of ftORIDA ~ ~,~U'JTY OF ~ St. Lucie ~ ~ 1 ~ Before me personally appeared J• W• Honea, S1 . and ~ _ Lillian M. Honea his wift, to me weU known and known to me to be e ! ~ ind~vid~a:s described in and who executed the foregoing instrument, and acknowiedged befwe me that they executed the _s~?e fot the purposes rF,e•ein expressed. And the said Lillian M. Honea i :.:jc of the sa~d _ J%W• Honea, $r. upqrb sepeiate.air~~~rivste ~ ~.a~n~nat~on by me taken separate and apart from her said husband, acknowiedged to and before me that she exetutec#said-ins7rumenf fnetiy •;~1d,~lurr ~~~y a~~d wuho~~ any compuls~on, constraint, app~hens~ , or fear of w(r her said husband. _ . E~" _ y, Y1ITNESS my hand and official seal this_ day f A~aU$T ' q~ "?2 ~ ' ' - ~ s'- ~ Notary Public in and for e Steit f'F.1orMa ~t la?p!s - ~ My Commission expire . ; ' . • ; Return To: ;iU~ . p~••^ ' ~ - ~r; ~~~•;f ~t-~•s~t'^1 at LARGE F~rst Federal $avings 8 Loan Association ~~Y C`'~~il::' '~~~ttt111yi~~. ' of Fc,r P . -ee. _ _ , .3. i375 . _...c:,.:.~.•s. Fort ~~_•rce, floricla FlIED ~N~ RuNTY FLA. ~ i St. RQCE? ~ :TR~~ ~ ~ Thi; Instrument Prepared By~ Gary F. E11~?ood C~EaK C~'i~,E~cj ~QU~ ` F+rst Federal Sav;ngs $ Loan Association RE~~F~ yf ~ s~~ ~ of Fort Pierce, Florida 33450 ' S9 eM f j Checked By 235881 ~ goaK ~05 PA~Esz ~o f lh) - ; ; ' - - - ' ~ ~ ~ . . . . ~ t=a- ~ a ~L~'~-4.aK~