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To piace and conhnuously keep on the bui:d~ngs now or hereaf?er ~ituate on sa~d tand and on aC ,•qu~pn,ent and personally covered by this mor age, writh all p{rn~~ums thereo~ pa:d in fu!!, fue inwrance in the usu~l sta~~dard policy fo~m, in a sum aHpruved by ehe MUR~i.aGFE, and windsto ~nsurance in rhe usval standord pol;cy fo~m, in a sum approved by tha MORTGAGEE, in such tompany or companies as the A10RTGAGEE m d~rett; and all iire ar.d winditorm insurance policies on any of sa~d buitd~ngs, any interest the~e~n or paH thrreof, in the aggrrga~e sum afcresaid in exceas ~hereof, shat~ conrain the uwal s~a~~dard mo~rgaqee c+ause or such othe~ clause as ~he Mo~~yagee may ~equ~re, making Ihe ioss under s~~d po c~es, each and eve~y, payob!e fo sa~d A10RTGAGEE as its int~rest may appear, and each and every svch po;~c~ shail be promptiy assgned and Je~~var~d : any held by sa~d h102fGAGEE as {urthar security ta said mor~ga~e dabt, and, not less ~han ten (10) days in ad~ance of ehe exp+~a~;on ol each poi~cy, to d. i;ver to said MORIGAGfE a renewal thereof, tuge~hzr with a receipl for the premium ot such ~ene,na!; a:~d there s~wil be np f~rz or windsto~m ir.surant plated on any of sa~d b~i~dings, any interesl therein or pa~t thereof, unless in the form and wifh the iosa paya~!e as aforesaid; and in 1he event any sun of money beco~nes payabte under such poticy a poGcies said MORIGAGFE shall have the ophon to recc~ve ~nd app!y tne same on account of the indabted n~ss secured hareby or to permit sa:d MORTGAGOR$ to receive and use it w any pa~t tF.c:euf ior o:r~• r~•l:f OSi'S~ 1V~~1~Gtit ~h,•~o~ .v::~+~,~ cr r~,~..~: ing any equAy, ~ien or right under w by virlue of this mor'gage; and in the event sa~d MORTGAGORS shalt :or any reason fai! )o keep ~he saisi prem~ses so ;nsured, o~ faii to de:~ver pro~nptly any of sa~d pol~cles of insurante to sa~d MORTGAGEE, or fa~: promptly to pay fu~:y any prr ~~~um ~hercfor o~ in a~y respec~ fail to perform, dncharge, execute, ef(et~, comp!ete, comply with and abide by th~s covenaat, or any part hereof, said MGRTGAGEE n~ay p~ace a-d p~~r for such insurance or any p~rt thereof w~thou! waiving or affecting any option, lien, equity, or right under o~ by virtue of th~s Mor~gage, and the f~tl amount of each and e~ery s~ch paymeM shall be immediately due and payable and shall brar interest from tha data thereof umil p:,id at the rate o~ ~~ne per ce~tum per ar.nu:ri ~nd toarth~•r vrith wth iiverest shaii be sxured by the lien o~ fhis mortgage. d. To permit, commit or su{(er no waste, impairment w deterioration of said property or any part thereoi. 5. 7o pay a11 and singu~ar the costs, charges and expenses, including a reasonable attor~ey's fee and costs of abstracts oi te~le, incurred or paid at ~ny timc by said MORiGAG:E, because or in the event of the (a~lure on 1he part of the said MORTGAGOR to d~1y, promptly and fully perform, d~scharge. ~.~cvte, efiect, canplete, comply wnh a~d ab:de by. each and every the stipula~rons, agreen~ents, cond'nions, and covenants oi sa~d pro~nissory note and this ,~ortgage any or e~ther, and sa d costs, chargas and expensea, each and every, shall be immrd~ately due and payabte; whether or not ehere be no~ice dr +~.an~, attempt to cotletf or suit pend~nq; and the full a~nount of each and every suth payment sha(f hear int~rest from the date thereof unti! paid a! 1he r. c; n;ne ue. ce~~~u~.; f.~~ an~~u n; onr? aN sa~J costs, tharges and expensas irxurred or pa~d, together ~v~th suct~ imer~•st, shall be srcured by the fien of th~~ mottgage. 6. That (a) in the event of any breach of this Mortgage or default on tFw part of the MORiGAGOR, or ;b) in the event any of sa:d sums of money h~re~n referrad to be r.of prcrnptly and fvAy paid wifhin th;rty (301 deys next aiter the s.me severa',y oecane d~e and paYab~e, w~thout demand o~ notice, er ~c) in the evem each and every the stipuiat~ons, agreements, tond~tions and tove~ants of Sad p:om~isWy nota and th!s murtgage any or either are not ; iu.y, promptiy and f~iiy performed, d.scharged, executed, ef(ected, completed, compt;ed with and ab~ded Sy, ehen ;n e=fher or any such event the sa~d ag ~~egate sum meMio:~ed in sa~d promissory note then remaining unpaid, with imerast accrued, and a',I mone~s xcured hereby, shall become due and pay ec.~ forth~virh, or thereafter, at the opr~on of seid h10RTGAGEE, as iully and tomplete?y as ii atf of ti~~: sa~d sums of money were or;g~naily st~pu:ated !o be pa:d on wth dcy, anyihing i» sa:d pro:nissory note or in this Mortgage to the cOntrary notNithstand:ng; and thereupon or ihereafter at the option of s;.d MORIGAGEE, withcut norice or demand, suit at law or in equity, therefore or thzreai~er brg~n, may be prosec~ted as if aIl moneys secured hereby r„d matured pnor to ~ts ~ns~itution. i 7. Thar in the erent rhat at the beginn~ng of oi af any time pend~ng any sult upon ~his Mortgage, o+ to forectose it, or to reform if, or to enforce ~ ; a~ment of any c!aims hereundcr, said 610RTGAGEE shail apply to the Court having junsd!ction thereo! tor the appo~mmeN of a Receiver, such Covrl shafl j thwith appoint a rece+ver of said mortgaged property alt and singuiar, inctud~ng a? and singular the ir.come, prof~ts, issues and revenues from vtihatever ? s_ _•ce derived, each and every oF whVCh, it being expressty understood, is ~ereby mortgagcd as i4 speuf~~aL'y set forth and described in ~he grantin~ and f e~dum ciauses her~of, and such Reteiver shall have ail the broad and effective f~nct.ons and powers in any,iv,se entrusted by a Court to a Receiver, and ~ z_i, appointment shalt be made by such Court as an ad~nltted equify and a matt~r of absolute righf to said MORTGAGEE, and wi:hou~ refere~xe to the i , ~ ~•:_yudcy or inadequacy of the value of the property mwtgaged or to fhe so~vency or inso~vency oi Said MORiGAGOR w the defendants, and that such } n_ ,~s, profits, inco.ne, issues and reven~es shafl be app;ied by such Receiver accordhig to the lien w equity of said MORTGAGEE and the pract;ce o1 such } Court. j B. To duty, prompt;y and fully perform, discharge, execute, effect, complete, comply with and abide by each and eve~y the stipulations, agreernents, ~ ciitions and covrnanrs m sa~d promissory note and this mortqage set forth. 9. That in the event the owne~ship of the mortgaged prem~ses, or any part thereof, becomes vested in a person other than the MORTGAGbR, the ~RTGAGEE, its s~ccessors and assgns, may, w~thout no~ice to the MORTGAOR, dea! w~fh such successor or s~ccessor in interest wi~h reference to thn a•rgage and the deb~ h~reby secwed in the same maoner as w~th Mo~tgago~ w~thout in any way vit;ating or d~scha~g~~g 1he fAongagors' tiabitity here o d~>r or upon the drbt hc~coy secured. No sa!e of the premises hereby mortgaged ar.d no (orbea~ance on the part of the IhORiGAGEE or its wctesso~s c~ assi9ns and no exrension of the nme ior the payment of the debt he~eby secured given by the 1JtORTGAGEE or its successors or assigns, a;~all operale ro re~ease, d~scharge, modify ~hange or affect the orig~nal tiab:i~ty of the N.ORiGAGOR herein, eithe~ in whoie or in pa~t. 10. It is sprc•fic~ily agreed rhat rime is of the essence of this confiac? and that no waiver of any ob~~gat~on hereunder or of the obligation se- cured 'nereby shaf~ ar any time thereairer be held to be a waiver of the terms hereof or of the instrumem sewred herby_ 11. In add t;c j to the focegc ng ~nonthfy paym=nts of princ pal and inte~est req~ired by the p~on-~:sscry ne~e secured hereb/, mortgagor eovenants ag~ees to pay io r.cregagee w,ith each monthiy pay~nent an add~rianal svm eu;mared by mortgagee to be eq~al to 1 12 of the ar.nual cost of the follow- r~. A-All .~al proper2y taxas te•r~ed or assessed agai•~st the above described real estate. E Fr •r, ,~s on fue ar,d wir.dsto•m ~nsvracce as here~n requ~red to be carr~ed en the Em;;roveme~ts s~tuate on th~a above dascribed premises. G-Pre:n~u.• s on s~;h m.ortg~ge gua~anty ir.wra~.ce as martgagee snait fro:r. tme to time deem (it to tarry on 1he loan secured hereby. 1.1o~tg,g~~e s•.; ~`~cm tin-.r to t~me norif~ mortgagor in writing of the amovnt due and payabte hereund~r and s~ch sun shail thereupon be due and . r~b:e on fh~• clue c.a~e o' ~h> ncxt monrh:~ pay~r,~nt and each successive month thereaftcr ur,fit rrortgagee shall not[fy mortgagor of a change in such ,nt. Such wn~~s si a.i be app!i~~d by mortgagee toward the payment of rea! proFierty taxes, insuran[e prem:umS, and mortgage guaranty insutdnce . c~~niums. IN \'rITNESS ::HEREOF, the sa~d rAORTGAGOR has hereunto set his hand and seal ihe day and y ar first aforesaid. Signed, Sealed ar>d~delive~d in the presence of: • _ l ~ ~l/ (Seal) ' ` ~ ' ' Laura B. Hancock, a single ~y~ult ~ . , (Seaq - l5eaq 5 ~ ~.IE OF ftOR1~A ~ ~ i:. , ~U'JTY OF $t . Lucie ~ - • Before me personalty appeared Laura B. Hancoek : ti _ ~r.,.~ - - - to me well knQvvn ~id~pwri W m! yp~bl! r!,_ ind~vidua described in and who exec~ted the foregoing instrument, and atknowledged before me that ~e~ executad t~ pAme for the ~po ~ ~~•e •ein expressed. ~7[3&i[_ ~ , ~ 9 , xxoa~ataotaome~ca~xx~e ~ - -x ~~c~x~ot~x ~ ; ~ `I ~ ~ S6 ~eIC~ j • ~ J ti. WtTNESS my hanJ and official seal this_- day of ~~^~~q~~~ i2-l..~- I \ ' . . :~i~'1tr. i~ • - • ; No~ary PubGc i and f~r the State of Fbtida at large ; My Comm~ssion expir(s- ~ Return To: " - ~ ~ First Federal $avings a loan Associat~on ~ Of fUrt P.crce. ~ort P~erce. F(crlda i i~~`EUCi~ cou~~Y ~i~ ~ Ra6ER POITRAS ~ This Irstrumenf Prepared By: J. H. Roberts, Jr . OLERR CIRCUIT COURt First Federal Savings & Lo~n Associat;on ~ECOR~ YEii~f~ED of Fort Pierce , Flor ida 33450 ~ oi ~u Checked By r~ ' 23838~ , i ft k ~.Vli? $UJ!~. ;'A~; ' ( ih} - - f _ . - - - -