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To place and continuousiy ieep on the bui!d~ngs now or hereafter iituate on sald land and on ali eq~~p~nent and personally covered by this ma age, w~th all premiums thereon pa~J in futl, fire inwrance in the usual srandard potity fomi, in e sum approved by the MOR~GAGEE, and wmdsto insurance in the usual standard poi.ty form, in a sum approved by the MORTGAGEE, in such tompany or compa~~ts as Ihr MORTGAGEE m dfrect; and al) fire and wlndu~~m insuronce po~~ues on any of sa~d b~ild~ngs, sny inte~es~ the~ein or Fart thereof, in Ihe agg~ega~e u:m aforesaid in eacess thereof, shall :ontain the us~al standard mortgagee clause or such other clausa as the Mortgagee may requ~re, making the loss ~nclrr sa~d po c~es, each and every, payabte ro said A~ORTGAGEE as its imeresl may appea?. and each and eve?y such pc,:;cy shali be promptfy ass gn~d and dr:rvered ~ any held by sa~d MORiGAGEE as furthe~ security to sa~d mortgage debt, and, rtot less than ten (la1 oay~ i~ adrance of the ezpiranon of each polKy, to d. I~ver to said MORTGAG~E a renev:al thereoF, together with a?eceipt for the premium of suth renewal; and there shall be no f~re or windsto~m insuranc ptaced on any of said b~ild~ngs, any interest thsrein w parl thereoi, unleu in the fo.m and with the loss payable as aforesaid; and in the event any svn ~ of money becomes payable unde~ i~,ch potiq w poGues saed MORTGAGEE shall have the ept~on to rece~ve and appiy the sa~ne on accoun~ of ~he i~xiebted ~ ness secured ha~eby w ~o perm~t soid MORTGAGORS to reteive and use it o? any part thercof tor o:n~~r ~;u~~~osrs, v:iitjo~t th_r. or ~v~i+~ ~3 u'~;~~~r ing any equ~ty, I~en or :~ght under or by v;rtue of th]a mo:!gage; and in the evem sa:d MORTGAGORS shatl !or any reason tail to keep the ~a~d premis~s so ~nsured, or fail io de~iver promptly any of aaid ~aGcies of inswan~e to said MORTGAGEE, or fail promptly to pay fully any przmium therefo~ or in any ~espect fait ~o perform, d~scharg:, 3xecute, zffect, :omplete, comply with and abide by this covenam, o~ any part Azreof, sa~d MGRTGAGEE may piace a~~d pay fw such insurance or any part thereof without waiving or affecting any option, lien, equ~ty, or r~~h~ under w b~r virtue of this Mortgage, and t!~c full a~no~n~ of each a;d every such paymc•~t shall be immediately due ar.d payable and shall brar interesi irom tha date thereof until p~~d at the ~a~e oi nine per centum per annum and tu~rthcr with such interest shall be secured by the lien of this mortgage.- 1. To {xrmit, tommit or suffer no waste, impairment or deterioration of uid p~operty or any part thereof. S. To pay all and s~ngular tne coats, charges and expenaes, includ~ng a reasonable attorney's fee and costs of abstracts of title, incurred or paid af any ti~ne by said MORiGAG:E, becaute w in the event of the ta:lure on the par~ of the said MORiGAGOR to duly, promptly and fully perfor~r, d~scharge. axccute, e(fect, tompfe~e, tomply n~th and ab;de uy each and every the stipulations, agreements, conditions, a~d covenants of sa~d promissory note and ~i,is .»ortgage any or either, and sa~d costs, charyzs and expenses, each and every, shall be immediately due and payab!e; whether or ~ot there be not~ce da mand, attempt to cotiect or suit pendmy; and the tull amouN of each and every such paymero shali bear interest from the date tFxreot untii paid at the ~.ne of mne per cantum pe: annurn; and a11 said costs, cha~ges and expenses incurred or paid, together w~th svth interest, shall be secu~ed by thz Gen of !h~s mortgage. 6. That (a) in the event of any breach of this Mortgage o? default on the part of the A10RTGAGOR, or (b) in !he evenf any oi said sums of money herein referred to be noi prompt~y and fuUy paid within th~rty (30) days next after the same srvera:ty become due and payable, without demand or notice, or (c) in the event each and everr 1he stipulations, agreements, conditions and covenants of sa:d pro~nissory note and ~h~s mo~tgage a~y w either are r,ol ~u(y, promptly and fully performed, d.xharged, ezecuted, effected, completed, complied with and ab:cied 5y, then in e+ther w any such event 1he sa~d ag gr~-gate s~m mentioned in said prornissory note then remaining unpaid, with interest acuued, and a11-moneys secured hereby, shall become due and pay- ac e forthwith, or thereafrer, at :!~e oprion of said t.10RiGAGEE, zs tully and cempletely as if a!I o( the said sums of mc,~ey were or~ginally st~puiat.d ro be pa~d on such day, anything in sa;d prom~ssory note or in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at the op~~on of sa~d MORTGAGEE, without not~ce or demand, suit at iaw or in equ~ty, ~herefwe or thereaf~er begun, may be prosecVled as if all mo~eys secured hereby n~d matured p~~or ?o ~ts institution. 7. That in the ~vent that at the beg~nning of w at any time pending any suif upon this Mortgage, or to foreclose it, or to reform it, or to enfarce ~avment of any c~aims hzreunder, said 610RTGAGEE sha~l apply to the Court having jurisdiction thereof for the appointment of a Receiver, such Ccurf sh~il io:!hw;rh appcint a receiver of said mortgagc~d property all and singular, includ~ng all ar.d singutar the income, profils, issues and reverwes from whatever sc„~ce derived, each and every of wh~ch, it being expressly understood, is hereby mor~gaged as if spec~ficatly set iorth and described in Ine qraroing and t;:;endum cia~ses hereof, and such Receiver shaii nave all the broad and effective funct~ons a~d po,vers in anyw~se entrusted by a Cour1 to a Recciver, and s_ ch appointment shail be made b~ svch Court as an admi~tcd equity and a~ratter of absoiute right to sa~d MORTGAGEE, and withcut re(erence to the aci_;~vacy or inadequacy of the value of ~he property mortgayed or to rhe sotvency or insa:vency of sa~d RIIORiGAGOR or the defer.dants, and ~hat such re ~rs, profin, inco.ne, issves and reven~es shzil be applied by such Receiver accord~ng to the Gen o: equiry of said MORTGAGEE and tiu: practice oi such Court. 8. To duly, promptly and fully perform, d~scharge, execute, effect, complete, comply with and abide by rach and every the stipulations, agreements, c_:,d~t~ons and covenants ~n sa~d promissory note and this mortgage set forth. 9. That in the even! the ownershlp of the mortgaged premises, or any part lhereof, becomes vested in a person other than the MORTGAGOR, the :'~RTGAGEE, its successors and assigns, may, wi~hout no~ice to the MORTGAOR, desl with such svccessor or successor in interest wi~h reference to this o•rgage a^~ !F.e d_b~ hereby sxured in the same manne~ as wirh !Jlortgagw without in any way vit;ating or d~s:harging the Mcrtgago~s' liability here- ,,:•der or upon the debt hereby sec..~red. No sale of the prem~ses hereby mortgaged a::d no torbearance on the part of ~he 1J1,^,RTGAGEE or its successors ass~gns and r~o exrension of the tin,~ fo~ the payment of the debt hereby secured g~ven by the MORTGAGEE or its successors or au~gns, ahall operate ~e re!ease, d~scharge, mod~fy change or .:ffect the original l;ab~lity of the MORTGAGOR herein, either in whole or in pari. 10_ It is speuficalty agreed that time is of the essence of this contract and that no waiver oF any obl~gation hereunder or of the obiigation se- cur.~d hereby sha{~ at any time shareafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In aJ~+.t:oa to the fo:eoo n9 ~nomh!y payinents of print"pa1 and interest requ~red by the prcuo:sscry note secured hereby, mo:tgagar tovenants ~•.d agrees to ;.ay so r:ortyagee w~ih each memh:y pay+.~ent an add~~ional sum esh:r.ated by mortgagee to be eavai to 1;' 12 of the an~ual cost of the fol!ow- ,;r;: A-Ail real propcrty taacs levie~ or assessed aaai~st !hc s~ove descr~bed real estate. B- Pr:~:n~un,s on i+re and windstorrn ~nsuracce as here~n requ:red to be carriad on the :m~roveme~ts situete c.n the a'oeve described prer..ises. C--Pre~ni~~ns on such mortgage guaranty ir.sura.~ce as mo~tgagee shail }rom. time :o time deem fit to carry u~ ihe loa~ secured hereby. l.5ortg;gre s~a~+ (•cm nme to ri~e norily mortyagor wr~t:rg of the ar:ount due and payabfe hereund.r and s~ch su:n •ha? thereu~on be due and I~ ,.ab!e o~ tha d~e date oF the nex: ~nonth:~ payment and a>th s;:_cessive mor.th thereafter ur.rit mwtgagee sha!I not:fy mor~gagor of a change in such j ~unt. S~ch su:ns st•aii be applied by mortgagee toward the payment of real p~operty taxes, insurance prem:ums, arsd mortgage guuar.ty irts,;rance E , e•,,iums. _ . ~ IN \'JITNESS ':1HEREOF, th a~d TGAGOR has hereunto set his hand and seal the day and ~ar f' t a(o:zsaid. i ed, Sea n eliver n the resence of: ~ ~ ' (Seal) ~ ' (Seal) ~ r ~ _ ( ~2 . (Seal) - -l5eap S'ATE OF FLORIDA ~ St . l.uc ie ~ :JU!JTY OF 1 Before me personally appeared John g. Pa rk _ a~ Audrey F. Park his wife, to me wrtl know.~.~ndJintrwn~f~ me to be individuats described in and who exe uted t for oi instrumenl, and atknow{edged before me tfiat they exetuted~the same ~ Jh~~putposes h Auc~rey ~ . ~a ~c : ~ , ~ ~ ~ . ; r. e*ein expressed. And the said- '=--_r John B Pa rk ~vare r:~fe of the said _ • ~P~~~}~ P*, ~ •,.am~nat~on by me taken separate and apart from her said husband, ackra:v~edged to and before me that she exetyt~d=~ nr+n i/~1~ an~ v~1un- ~ar~ly ar,d without any computsion, constraint, apprehensionh w' fe r of or from her said husband. % ' / • : - WITNESS my hand and official seal this ~~/1~~ day of Se tember ~'q: 72 i .•`S ;s ~ ~ / Y jJ ~ D ~ Notary PvbGc in and fo• the af~q(~F a ~t•~qtpe My Commission expires: Retum To: NOTARY PUBIIC, S1ATE M FLORIDA at LARC[ ~ First Federal Savings 3 loan Associat:on 61Iy GOMMlSSIal1 EXPIRES SEPT. 25. 191~ ~ Of Fort P erce. BppQeQ B~I r"~tlle(iCdD B2nkCIS IfISlifanC2 ~.0- ~ Fort P~~rce. Flor;da ~ f~.E~ ~ ' This Instrument Prepa~ed By J. H, Roberts si• t~,rR?f c, ° ~ , ~ First Federai Savings & Loan Association C`~~ ~;RLy~; ~~1l~i of Fort Pierce , Florida ~E~ijyERiit~~ Checked BY g~--- ~ 11 i~,~~ ~ F; ;~3ssz9 dUCr~~ YACE~e7~~ is - - - - - ~ - - ~;~r,_,~ . _ _e ~