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To pfacr and continuously keep on the bui:d~ngs now o~ hereaiier siluate on said land and on aU equry,nent and personaliy cove~ed by this mor e+9r, w:th ail prenu~rns ?hrreon Na:d in fuil, f~re ins~~ance in the ~sual s!andard polity fo~m, in a wm approved by Ihe MOR~GAGEE, and windsto ~nsurance in ~he us~ai s~andard po;,cy fwm, in a sum approved by the MORTGAGEE, in such co,npany or compan~es as the MORiGAGEE m ' d~rec~; and all i~re ar.d w~ndstorm insvrance poliues on any of sa~d build~ngs, any interes~ there~n or par~ thereoF, in the agg+egar~ sum afaesatd ' in excess thereof, shall conrain rhe usval s?andard moregagee dause o~ such o~her ctause as ~he Maigagee may requ,re, making th~ Ioss uRdar sa~d po ~ c~es, each and every, paya5!e to said A10RTGAGEE as us ~nterst may appeai, and each and e~•ery such potscy shall be promptly ass gned and de~~vered ~ ; jn,r h~ld by sa~d AtORiGAGEE as funhrr secv~ity to s~id niortgage debr, and, no~ !eu than ten (!0) days in adva~~ce of the exp~ral~on of each polrcy, to d~ I,.er to said A10RiGAGEE a ~enewal ~hereof, toge~her with a rece~pt fo~ the p~emi~m of such renewal; and thero shall be no f~re or windstonn insuranc ptaced on any of said b~itd~ng=, any iroerest therein or part thereof, unfess in ~he form and with the toss payable as aforesaid; and in the event any sun of money beco~~~es payable under such policy w poLues said MORTGAGEE shall have ~F?e optioo t0 rec~ive and apN!y ~he sarne on acco~n? of the indeb~ed r~•s: xcured hereby o~ to perm~t sa~d MORTGAGORS to receive and use it o~ any pa~t ~he:eof tcr o:iirr purrosrs, .v~~iio.:1 ~h-r.ur ~v~+.i~3 ~i ~"~P~~~ ~ng any equ~ty, I~en or riyht under w by virtue of this monqage; and in the event sa;d MORTGAGpRS shall .`or any reason fail to keep the sa7d premisrs so ;nsur~~d, or fail to de:~ver pro~nptly any of said {wl,cies oi insurance to sa~d MORiGAGEE, or fail promptly to pay fully any pre~n~um therefor or in a~y rrapea (ai~ ro perform, dlscharge, execute, effecl, comptetr, co:npty wi~h and abide by this covenant, o~ any part h.~eof, said MORTGAGEE may place a~~d pa; fo~ such ~nswance or any part ~hereof wlthoul waiving or affecting any opt~on, lien, equ~ty, or rigM under or by virtue of this M1loreg~ge, and the fo~l a;no~nt of each and e.ery such payment shall be immediately due a~ul payable and shall bear inte~esl from the date thereoi w~til poid at the rate ot :c pnr wnwm per annum and to~ether ~nith such interest shaii be sxured by fhe lien of thls mortgage. 4. io permit, commit or sutier no was?e, impainnent ar deterioratio~ of said property or any parl thereof. 5. To pay aIl a~J singular the costs, charges and expe~ses, inctud~ng a reasonable attaney's fee and costs of abstracts of t~tle, incurred or pa~d at t~~r.e by sa~d MORTGAG:E, because o~ in the evem oi the fa~lure on the part of the said MORTGAGOR to duty, promptly and futiy perform, d~uharge. ,=ccure, efiec~, canplere, comply woh and ab:de by each and every the stipulaho~s, agreements, conditions, and covenants of said piomissory note and th~s ~ ortgage any or e~iher, aud sa:d costs, charges and expenses, each and every, shall be immed~ately due and payable; whether o~ not there be ootice dr •~•~d, atie~,~pt to collect or suit pending; and the full a:nount of each ar~d every svch paymen~ shall bear imeresf hom ~he data thereof until pa~d at the < o• n~~~e uer centum p~r annu~r, and all said to~ts, charges and exprnses incurred w paid, toyether w~th suth interest, shall be secured by the lien of thi~ ~rortgage. t 6. That {a) in the event of any breach of this Mortgage or default on ti~ part of the MORTGAGOR, w(b) in the evenl any of sa;d sums of money F,rein referrrd to be ~ot pranpily and fufly paid within th~~ty (30) days next after the same severatty betome due and pdyab~e, without demand or notice, •(c) in thr event esch and every the stipu~ations, agreements, co~d~tions and covenants of sa:d promissory note and Ih~s mortgage any or either are oof i_:~, pro~npdy and futly perforrned, d~scharged, execu?ed, efteued, completed, complEed wlth and a6~drd Sy, then in either a any such evem the sald ag , ~ate su~n mentioned in said promissory note lhen remaining unpaid, with imerest accrued, and a~l moneys secured hereby, shall become due and pay forthw~th, or thereafter, at the option of said MORiGAGEE, as fully and complerely ax if aq of the said sums of money were or~ginally sGputated ':e pa:d on such d.:y, anything in sa.d pro~n~sswy note ~or in this Morfgage to the cororary nor.vithstanding; and ~hcreupon or thereaher at the option of ,.i t,:.0~2TGAGEE, without no~~ce o~ demand, suit at law or in equity, the~efore or thereaiter begun, may be prosecuted as if ali moneys secured hereby ~ J n~atured pr~or to ~ts +nstrtution. 7. 7hat In the e~ent that at the beginn~ng of o~ at any time pe~iding any su~t upo~ this Mortgage, w to fweclou it, o? to reform it, or to enforte :;me~i of any ciaimg hzreur.der, said MORTGAGEE shatl apply to the Court having ~unsd,a~on thereo} fw the appoinnnent of a Receiver, such Cour1 shall •~nw~th appo;n? a recei.er of said mortgaged property a!F and singular, indud,og ail and s~ngutar the irtcome, proFds, issues and revenues i?om whatever ._-ce drr;v~d. rach ar.d every of wh~ch, it be~ng expressly understocd, is hereby mortgaged as if speu~ica~ly set forth and described in the g~anti~g and _•ndu~n c'avses her~~of, and wch Receiver shall have all the broad and effective tunct;ons and powers in a~ywise entrusred by a Court to a Receiver, and r> >~pan~mrr.t sh~;l be made by such Court as an adm~»ed equ~ty and a ma~ter of abso~u~e rlght to said MORTGAGEE, and withoul reference to the -_;_;c~ or i~adequacy of the value af the property mo~tgaged or to the so:vency or inso~ve:~cy of said AM1ORiGAGOR or Ihe defendants, and that such • •z, proiits, inco,ne, ~ssues and revenues shalt be apptied by such Receiver accwou~g to the lien w equity of said MORTGAvEf and the practice of such lourt. 8. To dv!y, prempt:y and f~l!y perform, d+scharge, execute, eifect, complete, comply with and abide by eath and every the stipulations, agreemeats, _:d,t~ons and cove~~ants m sa~d promissory ~ote and this morrgage set forrh. 9. Thar in rhe eve~r rhe ownenhip of the mo~tgaged prem;ses. w any part thereof, 6ecomes vested in a person other than the MORTGAGOR, the ; : ~~3TGAG:i, i~s s~ccessors and assigns, may, wirhout no~ice to the ,\tORiGAOR, deat with such successor w successor in interest with relerence to this ~ •_~rgagc ar.d fhe d_ut hcreby secured in the same manner as w~th Mortgagor witF+out in any way vit~ating or d~xharging fhe Mongagors' liability here~ _~_•r or uFon the d_•bt hzreby sec~red. No saie of the premises hereby mortgaged and no forbearance on the part of the IAORTuAGEE or its sutcessors ass~~ns and no extens~on of ~he time for the payment of the debt hereby secured given by the MORTGAGEE o~ its wccessws or au~gns, ahalt operate ~ re~ease, d.scharge, mod~fy change or affeu the o~ig;nal Gab,l;ty of the MORTGAGOR herein, either in whole or in part. )0. !t is stec:l;c3~ly agreed that time is of the essence of this contract and that no waiver of any obligat~on hereunder or of the obligation se- .-_d hereby shal: af any time thereaffer be he:d to be a waivcr of the terms hereof a of the instrument secured herby_ 11. in •;;i:f.r.c~ !o the Eorege'r,g n~~enth!y paym~ms of princ'pat and intzrest required "by the prom:sscry no!e secu~ed hereb/, mortgagar eovenants ~ r ag•eas ro p,~y ro~~~o-rgagee .n~rh each n,onrhiy payr.:ent aa add:rionai sum cst~n,afed b~ mortgagre to be eq~al to 1; l2 of the annval cost of the follow- A-d:i .ca! ~:ropc~ry ta,c:s levied or d55c55=~ agai•ist thc above described real esrate. 6 Fr_~_ ,•:,s c,i fir~ and .4~ndsto~m ~nwrarce as i~erein requ;r~d to be carried on ~he im;;roveme~ts srvate on the above d°scribed premises. G-P: ~~~~u-• s o~. >~ch mortg: ge guaranty 7r.surar.ce as rnortgagee shaH from t m.e to time dcem fit to carry on the loan stcured hereby. ~ .',orrysg~e s~~- i!•em r,~„e to tin,e not~fy mo~tgagcr in wr~t~ng of the am.ou~t due and payable hereunder a~,d such su-n shall thereupon be due and ~~'e o•~ vhr c'.,~ Cd'_ Oi ih~ next n~onth:~ payment and each successive month thereafier ur.~i~ mertgagee shatl notify mortgagor of a change in such ,~nt. S~ch s~:ns sha:~ be app'ied by mortgagee towa;d the payment of reat property taxes, i~surance prem:~ms, and mortgage guaranty insurante ~ •~~'~1UTr5. F IV 'c1ITPJESS '.':HEREOF, the said MORiGAGOR has hereunto set his hand and seal the day and ye~first aforesaid. S:gned, Seated and ~lglivered )h the presertce of: '"l ~ . • - ~ , • ~ Seah ` (Seaq \ - ~ ~ (Seal] i (Sea4 ~'~iE pF flORIDA ~ ~ ~UtiTY OF St.• LLlCle ~ Before me personatly appeared Paul D• ~C{]T, Jr. D~ ~ - - C`ai ~ ' his wife, to me well known and known to me to be i , ind~viduals described in and who executed the foregoirg inshument, and acknowledged before me that they executed th~ same for the purposes ; , ~!~~_•e:n expressed. And the said Gail C• ! `e of the sa(d ~C~jT, Jr. upon a separate a~d privats ~~~n~nat[on by me ta~en separate and apa~t from her sa7d husband, acknowledged to arid before me tbat she execured said instrument freely and voluo- y a.,d w;thout any com~ufsion, constraint, apprehens~yr}, or fear of or from her said husbanti_ Y1ITNESS m hand and official seal this- '.1 1 l - y day of _ 1 l 1 f T~~~, ~ A. D. 19 +1 ~ ~ ~~1; `i Cl!~: ~ ~1 1 i~li ~ : 1 Notary Public i and ior the State of Ffofida at large My Commission expires: ~ ~ J Ret~rn To: F~rst Fzd>ral Savings 3 loan Associat.on Qf ~crt P < ~ce. Furt P~~rce, F.'cr~t1~ ~ p d"c u~ ~~R?: ~ ~.GO~ i 6 This tnst~ument Prepared By J. H. Robe2ts JZ~. ~~`~~~R ?~a~~~~ { ~ F;rst Federal Sav~ngs 8~ loan Association ~ ~~~8~ ~D fOU~ _ ; of Fort Pierce~ ~p~j~ QF6hi~~ Checked By - ~ ~3 ~ eu~x~5 Pasf14Q~ 2359'72 ~ - - y - - - - _ ~ wr