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To p:ace and contin~ously keep c+n the aui:dings now o~ hereafter aituate on said land and on aC equ~pment a~d pe~sonally cove~ed by this mor ege, w~th all piem~u~ns thereon pad in (~II, fire inswance in the ~s~al standud pol~cy form, in a sum a~.Nroved by the MORIGAGEE, and wmdsto ~~uvrance in the uwal srandard po:.q form, in a sum ap~ro~ed by the MORTGAGEE, in such conipany or compames aa Ihe 1dORTGAGEE m d~rect; and o!1 f~re a~:d wmdsrorm insurance poGcies en any oi sa~d build~ngs, any interest therein or part ihereoi, in the aggr~ga~e tum aforesaid exccss thereof, shaN ;ontain N,e us~a! standard morrg3gae dause ar such other clause as ?hr Mengagea may requ~re, moAing the ioss under s.~~d po nes, each and every, payab!e ro sa~d h1pRiGAGEE as its m~eres~ may appear, ared each and eve~y such poi~cy shall be promptiy ass gneJ and delivered ti any held by sa~d 1,tOR1GAGEE as (unher seturity to said mortgege debt, and, not les~ than ten l10? days in advance of fhe expiration of each pot~cy, 1o d. !~ver to sa~d A10R1GAGEE a rencwal thereof, togeiher with a reteipt for ~hr ptemium oi suth ro~e+val; and there shall 6e no f~re or windstmm i~s~rent placed on any of sa~d b~i!d~ngs, any interest there~n or part thueof, unless in the icrm and w~th the toss payable us afnresaid; and in the e~ent any sun ef money becor~,rs payable unde~ wch policy or poLcies sa~d lNORTGAGEE shall have ~he opt~oo to receive and apply t~ie same on accou~i~ o( the i~~dab~~~d nes: si~cured hc~eby or ro perrn~t sa~d MORTGAGORS to reeaive and ust it a any part ~heraof for o:n•_r pur; os_•s; ~•,nhoot ~h o; ~~.:~.;,y cr ~~„p.,i~ ~~g any equ:ty, lien or r~yF~t under or by virtue of this mo:tgage; and in the even? sa~d MOR7GAGORS shatl `.or any ~cason fail to keep ~he sa~d pre~nises so ~nwred, o~ fni{ to dr'~~er pranptly any of said polieiei Of ins~ran~e ~o said MORiGAGEE, or fail promptly to pay fulty any p~e~»~um thcr~for or in any ~e:pect fail to per4orm, d~tcharge, execute, effett, completa, comply with and abide by this tove~ant, or any part hareof, sa~d MGRTG~GEE may piace a~~a p3y for such inswance or any parl thereof w~thout waiving or affectirx~ any option, lien, equrty, or right u~der or 6y virtue oi this Mortgage, and thc f;,t1 a~nount of each and e.ery such payment shall be immediately due and payable and shall brar interest irom tha date thereoi untit paid at the rate of ~e pcr Ceni~m per annu:n and lo~ethcr a,rirh Suth inter~st shai+ be sacured by tbe lien Of lhis mortgage. d. To permir, comm~i a suffer no waste, impairmeni or deterioration of sa~d property w any part thereof. 5. 7o pay all and singular tF.e costs, charges and expenses, including a reasonable atlor~ey's fee and costs of abstracts of title, incurred or paid at ri•,.e by s~~d h10RTGAGEE, because or in tht event of the faJure on the part of ?he said MORTGAGOR to du~y, promptly and futly pe~fo~m, d~scharge. c~te, effecr, com;~tete, cwnply w~th and ab:de by each and every the sfipulano~s, agreements, conditions, and covenants oi said promissory note and ihis ~~orTgage any or enher, and sa:d costs, charges and expenses, each and every, shall be immrdia~ely due and payable; whether or not there be no+;ce da ~,,•~3, atte,npt to co:lect or suil pend~ng; a~d the fu:t amount of eacA and every such payment shall bear intzres~ from ~he date thereof uNil paid a~ the u' nu~f f~er c~~nsum F~~•r on:w:n; and oll said cosrs, cha~gts and ex~enses incurred or paid, toge~her wdh s~ch imerest, shall be secured by the lien of this n~prtg,~ge. S. That (a) in the even? of any breach of lhis Mortgage or defautt on tF~e part of the MORTGAGOR, or (b) in the evenl any of sa;d sums of m~•~ey }.~r_•in referred to b^ not pro~np~Iy and fully paid wirhin thuty (30) days nex~ airer the same severa'.ly become due and pa/abte, without demand or notice, ~r ;c} in thr event each and every ihe stipvlations, agreemems, conditions and tovenants o1 sa.d promissory note and th~s mortgage any or e~~her are not i~;y, promptty and tuiiy performnd, d,scharged, ezecuted, effected, comp;eted, compi~ed with and ab,ded 5y, then in e~ther or any such evenf the said ag gate s~m m~nhoned in said promissory note then ~emaining unpaid, with intere.t atcrued, and a~l moneys setured hereby, shall become due and pay co.~ fo~thwrth, or ~hercafr•_r, at the oprion of said MORTGAGEE, as fully and comp:etely as if aU of the sa+d s~ms of money weie onginaUy s~~pulated •n be pa.d on such d,:y, a+iything in sa:d prom~ssory note or in this Mortgage to the cOntrary notrrithstanding; and thereupon or thereafter at the opt~on of s d MORTvAGEE, weheut noticr or demand, suit at !aw w in equity, therefore or thereaiter begun, may be prosecuted as if aU moneys secured hereby n_d matured pr~or fo :ts insht~t~on. 7. Ihat i~ fhe e.•er~t fhaf a~ the beginn~ng of or at any ti~ne pending any suit upon this Mortgage, or to forectose it, or to reform it, or to enforce ;,vment of any c~aims he~e~nder, said 650RTGAGfE sha.l apply to the Co~rt having jur~sd~r.ion thereof for the appomtment of a Receiver, such Cuurt shail r.~;rhwith appoint a rece~ver o~ said mortgage.d property all and s~nguiar, in~lvd~r,g all a»d sinqutar tl:e irtcome, profits, issues and revenues from whatever s.•ce der~ved. rach and every oF wh:ch, it being expressly understood, is hereby mortgaged as if speuficaUy set forth a~+d dexribed in the g~anting and ~:endum cEa~ses her~of, and wch Receive~ shal{ have alt the broad and efiect~ve funcr,ons and powers in anywise entrusted by a Cowt to a Recrive~, and >._h appointme,~t sha;1 b. made by such Court as an admitted equity and a maner of abzolure rigM to said MORiGAGEE, and without reterence to the .::..~~ocy or inadeq~acy ot tF.e val~e of the property mortgaged or to the so:vency cr insowency o( said MORiGAGOR a the ~fefendants, and that such •rs, profits, inco.ne, issues and revenues shall be applied by such Receivei accard,r~g to the lien or equity of said MORTGAGEE and the prectice of wch CJ~f1. B_ To du~y, promptly and fully perform, discharge, execute, effect, comp(ete, comply with and abide by each and every the stipulations, agreements, ~;;ditions and covenann ~n sa~d promissory not~ and this mortgage set forth. ` 9. That in the event the ownersh+p of the morrgaged premises, o~ any part tF~ereof, 6ecomes vested i~ a per~n other than the MORTGAGOR, the Y~RTGAvFE, its suarssors and asvgns, may, wirhout notice to the 1f10RTGAOR, deal with such succeasor or successor irt interest w~th reference to this o•tgage ar.d she d_ot he~eby setured in the same manner as w~th t~lort~ago. without in any way vitialing or d~stharging the Mortgagoti liability here- ~ :.-~1er or upon the d_•Lt hereu,~ sec~red. No sa!e of the premises hcreby morigaged ar.d no forbea~ante on the part of the ~JIORTGAGEE or its svttessors i assynS ar.d no exrens~on of the time for the payment of the debt here6y secu~ed given by the MORTGAGEE or its wccessors or assigns, at:all operate ro re~eose, d.scharge, mod~fy ~hange or affect the orig+nal l;ab:lity of the 1VlORiGAGOR herein, either in whole or'ir. part. 1C. !r is sperf;caliy agreed that time is of the essen~e of th~s contract and that no waiver of any obl~gat~on hereunder or of the obligation s~ c:::•_d hereby sha~; ai any time thareafter be held to be a wa~ver of the terms hereof or of the instrumeot secured herby_ 11. In _;i-i i:~,, ro ihe fo:ego ng morth:y paym~nts of princ pal and interest requ~red by the prom'sscry no!e se.ured heieb~, mortgagor eovenants + i~gr_es ro par ro r,orrgayee v~~oh each e~~onrh'y ~,ay~.;ent an add,uonal swn es~!mated by marrgagee to be eq~~at to 1, 12 oi the annual cost of the follow- A- A;i rcai ;;ropc+ty taxes ie~ne~ or assesseci egai•~st thc above desaibed real estate. B P.~~, , ns o~ f:re and wir.dstonn insvrarce as herein requ~red to be carried on tht improveme~ts situate on the above d=scribed premises. C-Pre••~i,;:• s on svch mortg.:ae guaranty ir.surarce rs mortgagee shail lrom t:me to tirne deem fit to carry on the (aart secured herety. ~Au.~g~g~~e s~~ t t.cm ri~„e fo t~me nor:iy mo.tgager ,n wr~tmg of the amou~t duc and payable hereundrr and such suT shall thrreupon be due and .,i~~e on th~ clr., c:~re of ihe r.ext n:omh:y payment and each successive month thereafter ur,til mortgagee shall not~fy mortgagor ot a change in such un~. Such s~Jms s~a:i be appl~ed by morlgagee iov~ard the payment of real property taxes, insurance prem:ums, and mortgage guaraMy insurance • _ ~>u~ms. . IN ~'lITPJESS :.'H=REOF, the sa~d MORTGAGOR has hereumo set his hand and seaf the day and yea first aforesaid. Signed, Seated an livere ~n the presence of: ; j t _ ~ _ I ~ hn W. Ma,rshall ~~a~~ ~ - - . (Seaq Dd15y V. ~=S~1d12 (Seal) I! 5;;,7E OF FIQRIDA ~ ( "JU!~TY OF St . LUC1@ - 1 ~ Before me persanally appeared John w. Marshall and ~ ~alSj/ V. I~rShall his wife, to me well known and known to n!e to be [ ind~vidua;s descriced in and who executed the fwegoing instrument, and acknowledged before me that they executed the same fok.ihe _pwposes ~ r~.~rein expressed. And the said__ ~a15 V• Marshall T ' :..~e of thr sa~d _ John W. Marshall JQoi~ p`~parate and prFt~te ~ •~arn:nat~on by me rken separate and apart from her said husband, acknowledged to and before me that she executed saidVhsttuulAr,t freely and vylb~ I • y and v/:rhout any compulsion, constraint, apprehen~° ~hor fear of or from her ~d husband. < <VITNESS my hand and offic~al seal this_ _ day of ' $e t@ ~ q. p~~ , ' ~ ~ ~ w ~ ~ Notary Public in a`~~ for the~ Stale~f Fbjida N la(~ iJ: ' 14ty Commission exp'res: ~ ~ • ~j : i Return To: ~ 3 _ ~ . "y.•~j ~ ~,.'~r ti : ~ . .t ~ First Federal Savings ~ loan AsscxiaY,on •~f~! O{ io~r P.-c_.. ~ .r.t f„rt G~c~rc_. Fi;;rfda ~ F lF0 AMD IlE ~ S~ tYttF COUM~FLL t . . , _ . j This Instrument Prepared By : J. H. Roberts~ Jz. ~GER POITIl~S ~ ~ , ; First Federal Savings 8 Loan Association CIfRK CIRCUIZ CqJRT of Fort Pierce RE~~~ yfAtF~Ep~~~ i , Florida 33450 s Checked By ~ ~ ~l 1~~~j t ~ i • i ga~~ 2~6 PAGf 156i 238383 ' ~ ~ lh~ . ,~.~;;.`<<, ~ _ - - - - - : - _ - ~ ; ~ ~