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To place and conHnuously keep on the bu~!d~ngs now w herea`te~ ~ituste on sa~d land and on all equi~nero and personaily covered by this mw eqe, w~th all prem;ums ~hereon pa:d in fu~l, 11re insura~ce ~he usuat s~andard policy furm, in a~um appioved by the MOR~G%+GEE, and w~:~dsto ~nsurance in ihe usual s~andard pol:ty lo~m, in a sum approved by the MORTGAGEE, in such company or compan~es ay the MORiGAGEE m d~rect; and all fire and w~ndstorm insurance poliues on any of said build~ngs, any interest the~e~n or pa~t thereof. in the aggrega+e sum a~oresa~d in excess ~hereof, shall comain the usual s~andard mortgagea dause or such other tlause ss fhe Mortgagee may requ~re, making ?he loss undr~ s~~d po ues, each and every, payable ~o said A10RTGAGEE as its iroerest may appear, and each a~d every such po:icy shall be promptty au g~ed a~d del~varrd : any hetd by said 1dORfGAGEE as iurther sewrity to said n~ortgage debt, and, na1 less Ihan ~en (101 days in advance of the exp~ration ol each poGcy, to d~ Gver to said MORIGAGEE a renewal thereof, toge~her with a receipt for the premium of such ?enewal; and Ihere shafi be no f~re or w~~,ds~orm insuranc , placed o~ any of said bvitd~ngs, any interest therein o~ part thereof, unless in the form and with the loss payable as aioresaid; and i~ the eve~t any sun ~ of money becomes payable under such policy or policies said MORTGAGEE ahall have the opt~on ro receive <~~d app!y the same on account ot the indebtrd ; ness secured hereby w to permit said MORTGAGORS to reeeive and uu it d any parl thereof ior orner µui.~oses, .v~~houi th.•. u~ w~iw~ or ~+f~p~~~ j ing any equity, lien or right u~der or by virtue of this mortgage; and in ~he event said MORiGAGORS shall tor any rcason fail to kcep ~he sa~d premisas so f ~ns~red, w fail to deliver promptly any of said po~icies ol insurance to said MORTGAGEE, or fail p:omptly to pay futly any pre~~~~u~n therefer or in a~y ! respect fail to perform, d~scha~ge, execute, effect, comp~ete, comply with snd abide by this covenant, or any par~ hrreof, said MORTGAGEE may piace a~~tl j pay for such insurance or any part thereof without waiving w aifecting any option, lien, equity, or right under o~ bY v~r~ue of this Mongage, and the ~ f~il a~noum of each and every such payment shall be ~mmediately due and payable and shall bear interest from the date thereoF untit paid at ~he rate of mne per centum per annum and together with suth intarest shall be secured by the lien of this mortgage. ~ d. To permil, mmmit or suffer no waste, impairment w deterioration of said property w a~y part thereof. 5. To pay all and s~nguta? the cos?s, charges and expe~ses, including a reasonable attaney'a fee and costis of abstracts of title, incurred or pa~d at any time by sa~d MORTGAG:E, because ot in the event oi the failure on tFx part of the said MORTGAGOR to duly, pron,ptly and fully perform, d~scharge. :xecute, effea, comptete, comply w~th and ab:de by each and every the stipulations, agreenients, conditions, and covenants of said promissory notc and thi• mortgage any or ei~her, and sa~d costs, charges and expenses, each arxl every, shall be immediately due and payable; whethe? or not there -be rotice ds mand, attempl to cottect or suit pending; and the full amount of each and every such payment shall bea. interes~ from the date thereof until paid at the r,,te oi nine per crnrum F:er annu:n; and all said costs, charges and expenses intwred or paid, together w~th such imeres~, shail be secured by the lien oi this mortgage. 6. Tha+ (a) in the evenf of any breach of this Mo~tgage or default on the part of the MORTGAGOR, w(b) in thr event any of sa:d sums of rtwney herein referred to be not prcmptly and fully paid within th~rty (30) days next after the same severa!ly become due and payabte, without demand or notice, or (c) in tht event each and every the Stipulatiorts, agreemeNS, conditions and covenants of sa:d promissory note and th~s mortgage any or either are nol ~uly, promptly and futly performed, d.schargcd, ezecuted, effected, completed, complied with and abided 5y, then in either or a~y such event the sa~d ag gregate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and a~l moneys secured hereby, shatl become due and pay- ao~e forlhwith, or thereafter, at the opt~on of said MORTGAGEE, as fully and completely as ii all of the said sums of money were or~ginaily si~pufated ~o be pa+d on such d:.y, anyfhing in sa:d prom~ssory nore or in this Mortgage to fhe conirary nOt~vithstand~ng; and ~hereupon w thereafter af the op~ion of _ sa~d MORTGAGEE, without notice o~ demand, suit at law w in equity, therefore or thereaiter begun, may be prosecuted aa if all moneys secured hereby r,ad matured pnor to its institution. 7. That in the event that at the beginr.~ng of w af any time pending any suit ~pon this Mo~~ga~e, w to faeclose it, o~ to reform it, or to enforce ~ayment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisd:ction thereof for the appo~ntment of a Receive?, such Court shall ~crthwith appoint a receiver of said mortgaged property all and singular, includ~ng all and s~ngufar the income, p~of~ts, issues and revenues from whatever s: urce derived, each and every of wh~ch, it being expressly understood, is hereby mortgaged as if speuiically set forth and described in the g~a~ting and h3bendum clauses hereof, and such Receiver shali have all the broad and effective funct~ons and powers in anywise eatrusted by a Court to a Receiver, and s_ch appointment shalk bc made by suth Cou~t as an admitted equity artd a matter of absolure ri9ht to wid MORTGAGEE, and without ?eference to the a:+._quacy o~ inadequacy oi the value of the property mortgaged or to the soivency or insolvency of said MORTGAGOR or the defendants, and th;1 wch r~~•,rs, profits, incane, issues and revenues shatl be applied by svch Reteiver accord~ng to the lien or equity of said MORTGAGEE and the practice of such Cu~rt. 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenanrs in said promissory note and this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a perwn other than the MORTGAGOR, the 1'.ORTGAGEE, its successurs and assigns, may, wirhout notice to the MORTGAOR, deal with such successor w successor in interest with reference to this mo~tgage and the deb~ hereby secured in the same manner as with Mortgagw without in any way vit~ating w d~scharging the /Aorfgagors' liability here- u~~der w upon the debt hereby sewred. No sate of the premises hereby mortgaged and no forbearance on ~he part of the IAORTGAGEE o: iss successa~s or assigns and no ezrension of the time for the payment of the debt here6y secured given by the MORTGAGEE or its successors or ass~gns, ahall operate to re!ease, d~scharge, modify change or affect the orig~nal liabil~ty of the MORTGAGOR herein, either in whole or in part. 10. It is speufically agreed that time is of the essence of this contract and that no waiver of any obl~gat~on hereunder or of the obligation se- cured hereby shali at any tir.~e thereafter be held to be a waiver of the ferms he?eof q of the instrument secured helby. I1. In aud~tio? to the forego"ng monthly paym:nts of princ'pat and imerest requ~red by the prom[sscry no!e secu~ed hereb±, mortgagar tovenanis ,~~d agrees to ~y to mcrtg~gee v.~!h each month~y pay~~ent an add~rional sum est~mated b/ morrgagee to be equal to 1; 12 of the annual cost of the follow- A-All real property taxes levied or assessed agai~st thc above dexribed real estate. ' B-pr~rr.iums on f~re and windstorm insurar,te as herein requ~red to be carr.ed en the improveme~ts s~tuate on the above d~scribed premises. t.-rr~~~,~ s u~~ ,.:~i~ • ar^^~ fit to wrrv on the {oan secured hereby. v.~. .~y:.~.: y..:,..,.,:~ - - . ~ blortgagee sha'.! from time to time notify mortgagor in w~iting of the amount due and payable hereundar and such surn shall ihereupon be due and I :.~ya6~e on the d~e date of th= nexr month:~ payment and each successive month thereafte~ ur.til mcrtgagee shatl not~fy mortgagor of a change in such ! ~.ount_ S~ch s~ms s1•a:i be appiied by mortgagee roward the payment of real property taxes, insurante prem;ums, a~~d mortgage guaranty insurance ;~~em~~ms. ~ ~ IN \'~ITP~E55 :tiHER~OF, the id MORTGAG R has hereunto set his hand and seal the day and y ar first atoresaid. S~gned, Sealed ~d d fiver t e presenc of: d__~-'__~/~ ~ /i in Lgj~l (Seal) i ~ Dav'd C. Ne n ` (Ses?) ; ~ _ f (Seal) ~ ~ t ~ _ _ Linda O. Nefunan ~~aq ; ; SiATE OF FLORIDA ~ ~ St. Lucie ~OUNTY OF ~ ~ Before me personally appeared David C. Neumann and Linda Neumann his wife, to me well known and known to me to be th•~ individuals described in and who eaecuted the foregoing instrument, and acknowledged before me that they executed the same fw the purposes ~ rherein expressed. And the said Linda 0• Neumann .•:I1e of the said David C. Nec~uann vpoK'a~i~parate and private e.~m~nation by me taken separete and apart from her said husband, atknowledged to aod before me that she execWed said instivment-fte~ly ard Jol4n- }a++ly and without any tompulsron, constraiN, appreheni~1 n~ ~t fear of or from said hvsband. ~.••'t t~'~. ; ~ WITNE55 my hand and official seai this_ ~d - day of $@ t be ~ ~q,' p,~19~ ~ ~ ` y ~ Notary Public in nd or the Sla1e o Fbr' ~,a~ugb,' My Cornmission eap' es. ~2 1`' ]~~t.'- ~ Retum To: ~ v' '1 • Q . L~ ~ : ~ first Federal Savings b loan Associat~on ~ ~ Vt rott r~rrcr. ~^^~~yo ; Foct Pierce, Florida 3V ~ ~ o ~Mo ~~~~Y ~r~~-~ ' This Instrument Prepared By. Gary F. Bllw~~~~~ C L ~ ~ First Federal Savings & Loan Association *O~~p ~,OU~t • of Fort Pierce~ Floridd 33450 C~~~~' Eatf IEO ~ Checked By RtG~aO V 3 Zs QH'~~ a~ 1~ B~Kzas ~~~~.o ~ ~ r z - - ~ _ fr -YC '''x ~ , :a~'x^~- a.c;~.~..3 . >.tr_~~.~