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To place anJ cont~nuausty kzep on the b~i'dings ncw or hereafter ~ituate on sald land and on all equip~nent and personally tovered by this md ege, w~rh all prem~ums ~h~reon pa~d m f~il, f~re insuranc~ ~n ihe usual atanderd pol~cy fo~m, in a wm approVed by ~he MOR~GAGEE, and w~nduo ~nsurance in the usual uandard poLcy lorm, in a sum approved by the MORTGAGEE, in such co~npany or co~»panies as Ihe htORTGAGEE m~ d~recr, and al~ fire a~.d w~ndstorm insu~ance pot~cies on any of said build~ngs, any interest therein or part the~~w~, in thr aggregate wm afo~esaid in excess thereoi, shall :ontain the us~:.~ standard mongagee dause or such o~her cfause as the Mortgagee may requ~re, ma\i~g the ~oss undr~ sa~d po c~es, each and every, pay~b!e to said AtORTGAGEE as us interrst may appear, and each and eve~y wch po:~cy shafl be promptty assgnrd a~~d dalivz~rd + any held by sa~d MORIGAGEE as fu~rher s~curity to sald mortgage debt, and, not leas than ten (10) days in advance of the expira~~o~ of ~ach pot~cy, to d~ I~ver to sa~d A10RiGAGEE a renewat thrrrof, together with a rece~pt for the premium of such renewal; and the~e shall be no f~re or windsto~m insurenc plated on any of sa~d buildings, any inrerest there~n or part thereof, unless in the form and with the loss payab'e as afo~esaid; and in the event any sun of money beco~nes payable ~ndrr s~ch policy or pol~cies sa~d MnRiGAGEE shaU have the opt~on to rece~ve ~nd apNfy the sa~ne on accou~» of ihe i~~deot<~d nass secured ha~eby or ro perrnit sa~d MORTGAGORS to receive and use it or any pa~t the:eof icr o:n•r H~rF~~srs, v~:iho~t th~..oi :r~~.~~7 ~~~~P~~r ;ng any equ~ty, lien or r~ght under or by virtue of this mo~!gage; and in the evem sa~d h10RTGAGORS shall ;or any ?eason fail to kaep the sa~d prem~s_s so lnsurcd, or fail ro de~~ver promp~ly any of said pol~cies of insurance to sa~d MORTGAGEE, or fail promptly to pay f~~ty any pre~~~iwn thc~efor or in a~y respect fail to pe~~orm, d~sch,:rge, execute, effect, complere, comply with and abide by this covenant, o+ any pa~t hereo~, said MOR7GAGEE may piac~ a~~d pay fo~ such insur.,nce or any part thereof viiiho~t waiving or affectirtg any op~ion, lien, equ~ty, or righr undrr or by virtue of this Mo~tgage, and ~he f,,ll amo~ro of each and every such paymenl shall be immediately due and payable and shall bear interest from the date thereof untit paid at the rate of n~:~e pcr centurn per ai:nv~n .+nd to~cah~•r v:ith such iiit~~:est shaii be sc-~cured by the lien Of thit mOrigage. 4. To permit, commit o~ s~ffer no waste, impairment or detetioration of said property w any part thereof. 5. To pay all a~d sing~lar the costs, charges and expenses, including a reasonable attorney's fee and costs of abstracts of title, incurred or paid at ~~,y t~m.e by sa~d MORTGAG:E, because or in the evem of Ihe tailure on the part of the said b10RTGAGOR to duiy, promptly and fully parform, d~x~arge. e¦~~cute, effect, Comp:ete, canply w:ih and ab:de by each and eve~y the stipu~anons, agreements, cond~t~ons, and cove~~ants of sald prani>sory note and th~s r.ortgage any or e~~h~r, and sa:d costs, charges and expenses, each and every, shall be immrd~atety due and payab!e; whe~her or not the~e be not~ce da r,,an~, atten,pt to collect or suit pe~~d~ng; and the fu:l amoum o) each and ev4ry such payment shali 6ea+ i~terest from ~he date thereof until paid at the tc• o+ r~~ne per centum F,~•r an~~~:n; ar.c! a~l said costs, charges and expenses incurred or paid, together ~v~th such interest, shall be secured by the lirn of this mortgage. 6. That (a) in the event of any bieach of this Mortgage or deFauft o~ the part of the MORTGAGOR, or ~b) in the event any of sa'd sums of money hcrein re4e~red to b.: not prwnptty and futty pa~d wifhin th;rty (30) days nex~ af~cr the same severa:ly beco~na due and payable, without demand o~ notice. or ~c) in thr event rach and every the sripulahons, agreements, cond~tions and covenams of sa.d promissory note and tha nwrtgage any or either are nol i~:y, p~omptiy and lully perlo:mcd, d.scharged, ezecuted, effeded, compteted, compi~ed with and ab~ded Sy, then ~n e~ther w any such event the sa~d ag ~~egate sum mentioned in said promissory note then remaining ~npaid, with interest acu~ed, and a:l mo~eys secured hereby, shall become due and pay ao.e forthwith, or rhereafrer, at the op!~on of said MORTGAGEE, as fulty and comp~etety as ii alt of rhr said sums of money were o+~g~nally st~p~:ated fo be pa:d o!i such dcy, anything iti sa d pro:n~ssay note or in this Mortgage to the cont.ary notw~thstanduig; and tfiereupon er thereafter at the ophon of s,.d N.OR7GAGEE, vv~thovt not~ce or demand, suit at law or in equity, therefore or thereairer begun, may be prosecuted as if all moneys secured hereby _ n_d mat~red pnor to rts inst~tur,on. 7. 7hat in the event that at the beginning of or at any time pending any suit upon this Mortgage, or to fo~ectose it, or to reform it, or to e~force c;ayment of any c~aims hereunder, said MURTGAGEE shall appty to the CourP having jurisd~ction thereot for the appo~ntmem of a Receiver, such Co~rt shail Fc: ~hwi~h appo~nt a recei~er of said mortgag~d properry all and singular, includ,ng ail and sinqwar the ir.con,e, p~of~ts, i:sues ar.d reven~es from whateve? sov:ce drrived, eech and every of wh:ch, it beuig expressty understoad, is herFby-mor!geged as ~f spec~ficatty srt io~th and described in the grannng and h~bendum c~a~sas hereof, and such Receiwer shall have all the broad and effec:i•.r funcfons and powrrs in anywlse emruued 'uy a Co~rt to a Rec~iver, and s_ ch appcinrment sbail be made by such Cou~t as an admitted equity and a matrer of absolurr r~ghf to said h10RTGAGEE,'and wifhou? re(erence to the a:i"quacY or ina~eq~acy of the value of the property mortgaged or to the so:venty or insoiventy o( said k10RTGAGOR or the de:endams, and that such r~~•,rs, protits, irxo.ne, ~ssues and revenues shall be applied by such ~2eceiver accord~ng to the lien or equity of said MORTGAGEE and the practice of s~ch Court. _ 8. To duly, promptly and fu!ly perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, corid:tions and covrnan~s ~n sa~d promissory note and th~s mortgage set forth. 9. That :n the event the ownersh~p of the martgaged premises, or any part thcreof, becomes vested in a person other than the MORTGAGOR, the h'ORTGAGEE, iis s~ccessors ar,d ass~gns, may, wrthout notice to the MORTGAOR, deal with wch successor w successo~ in interest wi~h reierence to this n a•tgage and the deut hereby secu~ed in the same manner as with Mortgagor withaut in any way vit;ating or d~scha~ging the Mortgagori liability here- u-,der or upon the dcbt hereb~ secured. No safe of the premises hcreby rnortgaged and no forbearance o~ the part of the IAORTGAGEE or its wccesson or c,ss~gns and ne extension of th4 time for the payment of the debt hereby setured given by the ~hORTGAGEE or its successws or assigns, ahall operate ro reiease, d~zcharge, mod~fy change or affect the o~ig~nal ilab~tny of the MORTGAGOR herein, either in whole or in part. 10. It is soec.'icaliy ~g.eed that tim~ is of the essen.e of this confract and that no wa~ver of any obl~gation hereunder or of the obligation se- cured hereby shai~ at any time thereafter be he:d to be a waive: of the terms hereoi or oi the insnument secured herby. 11. in :;i~ t:c~ ~o thr iorege n9 monrh!y paym~nts of pri~c pa! and inrerest requ~red by the prom:sscry r.ore sec~red hereby, mortgagor covenarets d agr~es w aay to mu•igayee w~th each monthiy pay~nent an add~~ional sum est~n:ated by mortgagee to be equal ro 1, 12 of the an:~ual cost of the foUow- ~ A-AN rcal prop._-rty tax~s le•:i_~ or assess_d agai•ur the above desc~ibed real estate. 6- Pr,:•„ ,::~s o~ f~~e and viindstorm msurarce as herein requ[red to be carned en the improveme~ts s~tuate on the above d_scr;bed premises. ; C-Pra~n~u:~s o~ sccn r~-ortg:~ae guaranty ins~rar,ce as mo~tgagee sha~l iroT t~me to time deem fit to carry on the loan sec~red hereby. ~ t;,ortgagee sh- ~ f•cm nmc to t[me notify mo~tyagor i~ w~iting of the amount due and payable hereundrr and such w~~ shaEl thereuE:on be due and „b!e on rhe cl~r a~•e of ~h_> ,te~t n:onth:l paymCnt and each successive month thereafrer u~.tit mortgagee shall notify mortgagor of a change in such ,_:unt. Suth w:ns s~a;i ie apE:,~eu by rnortgagre toward the payment of real property taxes, inwra~Ke prem.ums, a~td mortgage guaraMy insurar.ce ~ r~-emiums. ~ iN ~~ITPJE~S :.HER~OF, the said h10RiGAGOR has hereunto set his hand and seal the day and year first aforesaid. S~gned, $ea! deli ered in the p?esence of: ~~~~fi.~..,~2~~ t5eaq ThomaS C . Locke ~~sp ,~-L 11~~ {Seaq ~ Lvnn Locke ~~aq S~aTE Of FIORIDA 1 S t . Luc ie ~ ~.:U'JTY OF - ~ Betore me personafty appeared Thomas C• I.oeke a~ L.yIIIl /.OC~C@ his wife, to me well known and known to me to be ~h: individuals descr~bed in and who executed the foregoing instrument, and acknowledged before me that they executed the same for the purposes th~,rein expressed. And the s3~d_ Lynn L.OC~C6 - r:.~e of the sa~d ThOIO.aS_C. Loeke upon a sepstate~er~1 ~Srivsli, ~.am~nat~on by me taken separate and apart from her said husband, atknowiedged and before me that she execut said instrument'~eo1~1'and v91ur~- „ ;~~~y and w~thout any compulsion, constraint, apprehe ~on or fear of or from id husband. ~ WIINESS my hand and oificiaf seal this__ R~ day of ~Ct er ~~A. .p. 19,1~ ' ~Q _ ~ f _ ~ Notary Public in an for the State oT F1ori~@ a jtarg~ ~ My Commission e ires: J ~ ~ ~ ~ Retum To: - 31 y/ 7~ ~ ~ ~ First Federal $avings b Loan Association ~ ~ _ ~ ~ ~ Of ~ ort P ; ro'. ~ ~ ~ y S.. ~ . _ - Forr P~~ro= NcriJa ~___M ~i~ ~ ~ ~ ~ . r~rt r~ ~ S~~ ~ This Instrument Prepared By : J. H. Roberts~ G~Z~~~~~t ~ ~ First Federal Savings 8 Loan Association RE~~pVEa;FlfO+~"'+ ~ of Fort-Pierce~ Floridd 33450 ~ 8rt S ~ ~ Checked By ~ ,~3924g ~ R 20s ~~~E 2861 BOOK ( lh) _ - - ~ . . . _