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To p~ace and continuously keep on tht bui'd~ngs now or hereafirr s~tuate on sa~d land and on ali equip~neM and personally tovered by this ma ~ga, w:th ail pren:w:ns ~hareon pa d in lull, f~re i~~yurance ~n ~he usuaf standard posicy lorm, in a sum appro~rd by ~he MGR~GAGEE, and winds~o ~nsurar~ce in thr usual s~3»d~rd pol.cy iorm, in a sum app~oved by the A10RTGAGEE, in such canpany or cornpdaes al the h108TGAGEE m dirett; and all fire ond w~ndswrm inw~antt pol~c~es on any of said build~ngs, any interesl therein or part Ihcreo(, i~ Ihe a9g~egate sum eFo~esaid in excess therrof, sh,~tl :onf,;~ the usuat sta~~dard mortgagre ciause or such o~her dauie as the Mongagee may ~equ~re, making the loss unJrr s.+~d po c~rs, each and every, payab!e ~o sa~d MORTGAGEE as ~ts in~rrest may appear, and exh and every such pa~cy shall be p~ompily ass gned a~d deGvrred ~ any heW by sa~d h10RIGAGEE as iu~=~her secu~ity to safd mortgage debt, and, no~ less than ten (10) days in adrance of the expl,at~on of each pol~cy, to d. bver ~o aa~d hIORTGtGEE a re+iewal thereof, toge~her with a receipt for the premium ot such rene~nral; a~d there shall be no i~re or windsro~m insuranc placcd on any of sa;d builduigs, any inierest therein w par~ thereof, unlcsa in ~he fo~m and with the loss payab!e as aforesaid; a~d in the evenf any su~ 01 money be<omci payatrle under suth polity a policees said MORTGAGEE shall have ihe opt~on to reo:ive and apply the same on atcoun? o( the indebtid ness srcured ih:r~by or tu penn~t sald MORTGAGORS to receive and use it a any pa~t thr:eof ior o:n~ ~ pw4 ox•s, vmh-vut ~h_r. tv.:ivi t3 ,;r nnp~ir ~ng any equ~ty, Len or right undcr or by virlue of this mo:tgage; and in the evenr sa~d MORIGAGO~ shalt fa~ any reason fai) to keep ~he said premisrs so ;nsur~d. or f~il to de~iver promptty any of said polKics of insurance to sa~e~ MORiGAGEE, or f~~promptly to pay fu11y any pre~nium the~efor or in a~y respect ia~l to perform, d~scharge, execute, eifect, complate, co:nply wiih and abide by this cove~ant, o: any part ha~eoi, said MORTGAGEE may piace and pay for sucM insurance or any pa~1 thereof wnhovl waiviig a affeding any option, lien, equ~ty, or r~gnt under or by vi~tue af this Mo~tgage, and the t~,,tl ama~nt of each and e.e~y such paymeM shall be immediately due and payable and shall brar i~terest from tha date thereof untii paid al the rate ol prr cantu~n pz~ annu.n ~nd to~rthar w~~h wch intrr~st Shali be sawred by the !i!n of this mortgage. 4. io permit, tcminit or svffet no waste, impairment w dere~iwation of said property or any part thereof. 5. 7o pay ai! and s;ngular the costs, charges and exprnses, ~ncluding a reasonable aftaney's fee and cos~s of abstracts of title, incurred or paid at .,ny ~~~~•.r by s~~d MURIGAG:E, because a in ~he event of the failure on the part of the said MORTGACsOR to duly, prompNy and fully perfwm, d~uharqe. : i•~cvte, effeu, con.pieTe, compty wuh and ab:de by each and every the stFpu~at,ons, agreements, conduions, anci tovenants of said promissory no?e and this rf~~ge any or enher, and sa d costs, charges and expenses, each and every, shall be immediately due and payabie; whe~her O+ not there be notice de ~~~.~~•d, atte~~~pr ~o co:~ed or suit pend~ng; and the full amount of each and every such payme~t shalt bear interest from ~he date the~eof until paid at the o~ n,~~e per c,.n:~m p~>> amw~r, ~nd ail said costs, charges and rxpenses incurred w paid, togeiher .v~th such interest, shall be secured by the tien of this ~nengage. . 6. Tha1 (a) in the event of any breach of this Mor;gage o~ default on tFr part of tF~e MORTGAGOR, or (b) in the event any of sacd tums of money h.~-ein ref~rrrd to tr_~ not pro+nptly and lully paid w;fhin thuty {30) days ~e,~t after the same seve~ally be~ome due and payable, without demand or notice. or ;~j in tha eveot each and every the stipulations, aqreements, cond~tions and covenants ot sa:d promissory note and th~s mortgage any or either are not i~'y, pro:nptiy and f~I(y performed, d~scha~ged, executed, effected, canpleted, compl+ed w:th and ab~ded by, then in eithe? or any such evem the said ag- ;~._gate sum mant~u~~ed ~n said promfssory note thzn re:naining vnpaid, with interesf a;aved, and ali maneys setured hereby, shall become due aod pay- +c~ c forthwith, or thereafter, at tha option of said MORTGAGEE, as fully and completely as if all of the said sums of money were orlginafly stipulated be pr.d on such dcy, anything in sa:d prom~ssory note or in this Matgage fo the contrary notwith:tanding; and thereupon w thereafter at the option of s•;} !AORTGAGEE, wisHout notke or demand, suit at law or in equity, therefore or thereafrer beg~n, may be prosecuted as if all moneys secured hereby ~.:d ~natvred p~.or to ~ts ~nsdtut~on. 7. Tha~ in rf~e event that at ~ne beginn;ng of or af any time pending any suit upon this Mortgage, or to foreclose it, o? 1o refwm it, or to enforce F a.ment of any ci:,i~r: hzreunder, said MORTGAGfE shait apply to the Court having jurisd~u~on thereol !w the appolntment of a Receiver, such Court shall r.:~rnwirh appoint a ~ece~ver of said mo~tgaged property all and singular, includ~ng a!1 and singular the income, prof~ts, issues and reve~ues from whate~er _•ce de~~ved, each and every of wh~ch, it be~ng express!y underuood, is hereby mortqaged as if ipec:fically set forth and deuribed in the granting and ~:~endum c'•avses her`of, and such Receiver sha11 have all the broad and effective (unct.ons and'po~ners in anywise entrusted by a Court to a Receiver, and s_n appointrnen~ she:! t>e madr by such Covrl as an admitt~ equity and a matte: of abiolute rlght to said MORTGAGEE, and without reference to the d:aoscy w inadequacy of the vaiue of the property mwtgaged or to the so~Yency or insolvency ol sa~d MORiGAGOR w the defendants, and thal such ts, p~ofits, inco,ne, ~ssues and reve~ues shaii be appiied by such Receiver accord«ig to ~he lien oa equity of said MORTGAGEE and the practice of such Court, . 8. To du:y, prompt!y and ful~y perform, discharge, execute, effect, complete, cwnply with and abide by each and eve?y the stipulations, ag~eements, conditions a~d wvenams ~n sa~d promiuory rwte and th~s morTgage set forth. 9. Thal in the event the owr,ershtp oi ihe mortgaged prem~ses, or any part the~eof, becomes vested in a person other than the MORTGAGOR, the : ~RTGAGEE, irs successars a~:d ass~gns, may, without no~ice to t`~e MORTGAOR, deal wifh such successw or successw in interest with reference to thia ~ r+gaye a~,d the d~ot hereby secured in the same manne~ as with hlortgagor without in any way vitiating or dixharging the Mortgagors' tiability here. ~ der or ~F.on rhe deb+ hereuy se:ured. No sa;e oi the premises hereby mortgaged and no forbearance on the par~ oi the /hOR1GAGEE er its successors c~ ass,9ns and extens~on of the time ior the paymem of the debt h~reby secured given by the MORiGAGEE or its sutcessors or assigns, shall operate ~o reredse, d.schar~e, moci~(y cha~~ge or affect tht original liability Of the MORTGAGOR here;n, either in wbole or in part. 10. It is sce:~f~caliy aa.eed that ?ime is of the essence of this contract and that no waiver of any obi~gation hereunder or of the obligation se- cured hereby shali a: an~ nme thrrea'ter be held Io be a waiver of the terms hereof w of the instrumen! setured herby. I1. I~ :,;id.t.o~ ro rhe forego n~ month!y paym=nts of p:inc pal and inrerest requ~red by Ihe prom:sse~y nore sewred hereby, mortgagor covenants ~:r agrees fu pey to mv•tgag~=e vtiiti~ each monr~iy payrnent an add,rional sum est:•a~ated by mo~tgagea to be equal to l;' 12 of the annual cost of the follow- A- Aii rcal properiy taxas lev~ed or assessed agai•~st the a6ove described real estate. 6 P:_••~ ::,s o~ i~re ar.d windstonn :nsvrarce as here~n requ~red to be carried on the improveme~ts s~tuate on the above described premises. t--Prrr•;u~~.s on >uch mortg;,ge guaranry icsura~,ce as morrgagee shail from t~me ta time deem fif to carry on the loan secured hereby. A".or~gsnee s~~~ !`rom r~~ne to t~me not~fy mcrtgagor m wr6ring of the d.T.OJM d~e and payable hereundar and such wm shall therevpon be due and .+~'.e on rht c+.~~~ cia!e oi rh~ ~•ear monthi~ paymem and each successive month rhereaitcr uctii mertgagee shall nofify mortgagor of a change in such ~:~t Such s,,:~,s sh~:t be app5ed by mortgagee towa~d rhe payment ot real properry taxes, insura~xe prem;ums, and mortgage g~aranty insurance , c.~~ums. - 1~! \'~ITPiE~S '1='H;REOF, the sa~d MORTGAGCR has hereunto set his hard and seal the day and year first aforesaid. Signed, Sealed a~d delivered in the presence of_ _ QQ?j./~1 i~~~-~%%Gti-- t5esry es Aaron Melton ~~si~ - t5caq. edetha A. Melton ~~ai~ :iE OF ftORtDA ~ _ I =.J;)'dTY OF St . Lucie ~ 1 , Before me personally ap peared Moses Aazon Melton • a~ i Redetha A. MQ1tOII h~s wife, to me we!! known and known ro me to be ~ _ ir.d~vid~ais described in and who executed the fwegoing instrument, and acknowleciged before me that they executed the same iw the purposes ~ . Redetha A. Melton f nc~~e;n exp~essed. And the said :.,`r of ~he sa~d __Moses Aaron Melton upon a sepa.ate snd prfvat~ e-•,~-.~ nar~on by me taRen separate and apart from her said husband, acknowledged to a~d before me that she executed said instrument freely and vOlure~ .~~y ar.d w~thout any comp~ision, constraint, apprehension or fear of or from her said husband. . : ~VITtiESS my hand and official seal this_ day of -atl L1St • ~~,iq~~ ..i . Notary Pubtic in a or the Sta FJori af lsrg~ '.'t.. I. My Commission expires: ~ ' - ' aet~.~ To: rrorRbv ~ f~..s-arz rn ~ i F;rst Federel Savings 3 loan Associat~on a~1t CARG~ r,-,..... < ~ . . Cf Fu~r P~,ce. - . ~:i D;.C.-2?;]975 ~ ._J 1 i,.~,:~~ ~.'..~r.,r..e u~cccrri~i Fort P~•~r.e. f!orla , , • . _ - ; fILEO AMD RECOROEO . • ~ ~ ST. ~UCtc` r,~UNTr ftA. ~ ~ ~ J ~ liQCE~ PO:TR4S o - ~ This Instrument Prepared By: J. H. Roberts Q~pK Ci;:~Wi COURT ~ ; First Federal Savings & loan Association a~r.na~ v~= ~EO..,.~.~.,.. ; of Fcrt Pierce ~ Florida 33450 ! S9 ~u ~7~ ; ~ r~ ~ Checked By,~l~ 235882 ` E~RK~S ~'AGE1~~ i ( tn~ . ~ _ _ _ _ - - _ - ~°~x~ ~ ~ ~ r _ t~ . . . . ~ ~.,a. ~ ~