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To ptace and coro7nuously keep on tfie buiidmgs now or hereafte~ sifuate on sa7d land and on ali eq~~pment and personally covered by this mor age, w~~h all prem~u~t~s ~hereon pa:d in fuil, f~re insurance in the usuat s~an~aid poticy torm, in a sum aHp~oved by the MOR~GAGEE, and wi~dsto ~nsurance in ~ha usual standard pol.ty tor~n, in a sum approved by the MORTGAGEE, in au~h co~npany or con,pames as the A^ORIGAGEE m d~rech and all (ire and w~ndstvrm enw~ance po:~cies on any oi sa~d buildmgs, any inte~est therein o~ part thereof, in the aggregate sum aforesaid in excess lhercoi, shall contain the usuzl standard mortgagee dause or such other dause as the Mortgagee may requ:re, making the toss unde~ sa~d po c~es, each and every, payab'e to said AtpRTGAGEf as its inte~tst may appear, and each and eve~y auch po::cy shatl be promptty ass gned and dal~vered ~ any hc-!d ti said ;!QR!GAG:f as fur!her s~cU•:ty said mortgage deb~, and, not less than ten (10) days in advance of the expirat~on of each policy, to d~ I~ver to sa~d A10RTGAGEE a renev:ol thereoF, togethrr with a receipt for ~he premium of such renewat; and t1,ere shall be no f,ie or winds~o~m inwranc ptaced on any of sa~d build~ngs, any inrerest thera~n or part thcreof, vn!esa in the fo~m and with the lou payat!e as aforesaid; and in the evem any sun of money becomes payabte u~der wch polity or poi~cies said MORTGAG'cE shall have ~he opt~on to rrceive and app!y the same on atcount ot the indebrrd ness secu:eJ hereby or to permi? sa;d MORTGAGORS to reteive and use i! w any ~part the:eof io. osn•~r ~ur~ oses. .vlTh;~t th:.~ ur w::~vi.~3 cr nna~,. ;ng any equ:ty, Gen or riyht ~nda~ o~ by virwe ot this mor'gage; and io the evenl sa~d M0~2TGAGORS shall .`o~ any reason fail to keep the sa~d premises so ~nsurad, or fai~ to de~~ver pro~~~p~ly any of said pollcies of insurance to sa~d MORTGAGEE, or fa~I promptty ro pay tuily any pre~»i~m therefor or in a~y fa~~ ~o !~«•f.+.~.. dt«harc,w. e,c~cu~e. effect, comp(ete, tompty with dnd abide by this covenant, or any part hereof, said MORTGAGEE may piace a~:d pay for such insurance or any part tl:ereof w~thout waivirtg or affecting any opt~on, ~~en, eqwty, o~ nght u„drr u+ u~ vi~eue a: ;i:~s :i.a::y.:ya, a::d c`- fult amouro of each and every such payment shalf be immed;a>e!y dve and payable and shall bear interest from tha date thcreoi uroil poid at t6e rate ol ~~ne pcr cent~m per annwn „nd !o~~th~. ~ni~h such inmrest sha~1 be sacured by the iien of this mortgage. d_ To permit, commit w sv`ter no waste, in,pairment or deterio~ation oi said property o~ any part thereof. 5. To pay all end s~ngu!ar the costs, charges and expenses, including a reasona6le attorney"s fee and costs of abstracts of title, incurred or paid at ~ny rn,e 6y said ASORTGAG:f, because or in the event of the failure on the part of ~he saidlNORTGAGOR to duly, promptly and fully pe~form, dnchmge. cute, ei(ect, compkte, comply wirh and ab:de by eath and every the stipulauons, agreements, conditions, and covenants oi sa~d promissory note and this ~"~J'1'~dl]C any or e~~her, a~~d sa:d costs, charges and exRenses, each and every, shall be immedeately due and payable; whethe~ or not there be not~ce de r..and, attempt to collect or suit pend~ng; and the ful! a~nouM of each and every such payme~t shall bear interest from the date thereof until paid at the r, rr oj ~une per c„nr~~~~ ~:~r an~:~:i~; ~:id ail said costs, charges and rxpenses inturted or paid, together wuh such interest, shall be secured by the iien of 1h;s mortg~qe. 6. That (a) in the event of any b:each of this Mortgage or defautt on ths part of the h10RTGAGOR, ar (b) in the event any of sa;d sums of rnoney h~re~n ref~rred to be not promptly an~ fully paid within th;rty (30) days nex~ afr•.r the sa~ne seve~atly become d~e and payabte, without demand or notite, or ;c) in ~hz event each and every rire sripu~ar.w~s, agreements, tcnsli'ions and covenants ef sa d Fromissory note and th~s mortgage any or either are not 1~1y, prompriy and tuUy ~erformed, dscharged, exewted, effected, compteted, compGed with and abided 5y, then in e~ther a any svch eveM the sa~d ag- 3r~~yate wm ~,;enno:~ed in sa~d prontissory ncte then rema;ning unpaid, with inrere;r accrued, and a:! moneys secured hereby, shall become due and pay- +o e forth,v~th, or thereafter, at the option of sa~d MORTGAGEE, as fvlly and completety as if a~l of thr sa~d sums of money were onginally st~pulated ra be pr.d on such day, anything in sa.d pro:r.:ssory note or in this Mortgage to fhe cont~ary notw~thstand~ng; and rhereupon or thereafter at fhe opt~on of s~;f MtORTGAGEE, ~rnhout no:;ce or demand, suit at law or in equity, therefore w thereafier begun, may be prosecuted as if all moneys secured hereby n:d matured pr~or ro~ts instit~t~on. 7. That in the event that at the beyinning of or at any time pending any su~t upon th;s Mortgage, or to forec~ose it. or to reform it, or to enforce E:ar+nfnt of any ciai~ns h~reunder, said 610RTGAGEE sha:! apply to the Coun having ~unsd:ct:on thereof for ~he appo~ntment of a Receiver, svch Cour1 shafl rc,thwith appe;m a rece~ver of said mortgaged prop~::ty aU and sin~ular, includ~n~ a11 and singular the incpme, profits, issues an~1 cevenues from whatever s: ~rce derived, each and every of wh~ch, ~t being express~y undersrood, is hereby morrgaged as if spec~ficelly xt forth and described in the grannng and i~ebend~m clavses hercof, ar.d such Receiver sha~t have ail the broad and effetrive funct~cns and powers in anywise entrusted by a Court ta a Reteiver, and s_~h appoiroment shait be made by such Cou~t as an ad~nittzd equity and a matter of absol~te right to sa;d M02TGAGEE, and wishout reference to the aeieyu>cy or inadequacy o( tF.e value of fhe prope~ty mo~tgaged ot fo the so,vrnty or insolvency of said MORiGAGOR or the defendanTS, and that such c..: ,rs, proiirs, inco:ne, Essues and revenues shall be appGed by such Receiver accord~ng to the lien or equity oi said MO~.TGAGEE and the practice of such Court. 8. To d~!y, prompt:y and f~tly perform, d~scharge, execute, effect, compiete, compty with and abide by eath and every the stipulations, agreements, ond~tions an~i co~enanis ~n sa:d promissory note a~id th~s mortgage set forth. 9. That in the event the ov.nership of thr mortgaged premises, or any parl thereof, becomes vested in a person other than the MORTGAGOR, the :~RTGAG:E, its sutt~ssors a~zd assi~ns, may, wi:hout no~ice to the A10RTGAOR, deal w~rh such successor pr svccesso~ ;n 'rnterest wrth reference to this ^~~tgage ar.d the d•_ut hereby secured in the same manner as with Mortgagor witho~t in any way vitiating or d~scharging Ihe Mortgagors' (iability here- n:ier or u{?~n the debt h•~reby sewr~•d. No sale of the rremises hereby mortgaged and no forbearante on the pan of the fdORTGAGEE or its successors c~ ass~~~s a~d no extens~on of rhe r„ne fo~ rhe payment of the debt h>reby secured given by the ~AORTGAGEE or its successors or ass~gns, a~iall operate ro re!ease, d;scharge, mod~fy change or affect the orig~na! liau~l;ry of the M.ORTGAGOR herein, either io whole or in part_ 10. It is spec~ficatly agreed rhat ti:ne is of the essence of th~s comrad and that no waiver of any oblfgation hereunder or of the obligation se- cured hereby shal~ at any time rhereafrer be hetd ta be a wawer of ihe te~ms hereof w of the instrumem secured herby. 1 t, 1rt add.t:::-:~ tu the fo~ego np rnonth!y paym_nts of princ pa~ and interes~ reqvired by the pro.,~;ssory oorE s,-wred hereb~, mortga~or eovenants d agrces to pay ro~no-rg.~gee .,,nh each rr,onthly pay~::ent an aJd~~ional sum est:n:ated by mortgagee to be equal to 1, 12 of the annual cost of the follow- , A-Alt real F rop•~rty tax~s fev~~;'. or assessed agai•~st thr above descri5ed r~al estale. B P(~R11U!:}S on i~re and v.indstorm insurarce as he<<~n requ~red to be carried on the :mp.oveme~ts s~tuate on the above d_~scr~bed premises_ C-Prerniuc•~s on s~:ch mori~sge guar~nty ir.su~ar.~e as mortgagee shall from t~me to time deem fit to carry on ihe loan secured hereby. Mortga~ee stia i from ti.ne to t~~~e notify mortgago~ ~n writing of the amou~t d~e and payabte F.ereundar and such sum shalf thereupon be due and .ahle on thr c!,;e d::~.; of rh: next month:y payment a.~d each wccessive month thereafter ucril mortgagee shall notify mongagor of a cnange in such =ur,t. Such su•r:s k;e apF~',ied by mortgag.se toward the payment of real property taxes, insurante prem.ums, and mortgage guaranty insurance ~ ,-~~ums. RJ LV17NfS5 :':HEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first a4oresaid. Sign , Sealed ard d~ver 1r1 the presence of: ~ ,Q~ 6i G ` j (Seal) - e net R. re ~~ai~ ' / - - (Sea1) i - - V@ yi1 . Dr w (Seaq ~ ~~,^~TE OF FLQRIDA ~ ( ~JUNTY OF St . Luc ie ~ ! Kenneth R Drew Before me personally appeared ' and I Evelyn L. Drew ~ - his wi~e, to me well known and known to me to be : individ~ais described in and who executed the foregoing instrument, and acknowledged before me that they executed the same far the purposes ~ :~~~~*ei~ expressed. And the said Evelyn L. Drew ~ ' +::`e of the safd Kenneth R. Drew _ a s yp~~~~p'rh~j~ ~~~.!'y ! ~~r.m~nat~on by me taKen separate and apart from her said husband, ackrawledged to and before me that she executed said instrume~l~nd v l~ri+,f` ~-~+:y and w~thout any computsion, censtraim, apprehension, or fear of or from her said husband. i . x . • +N. - n WITNESS my hand and offic~al seal tRis_ l~h day of_ OCtObQY a~ 1972: ; a:~ , C G ' ' V, " ' ~ • ~ • ~i . , ~ ~ r: o ~ ~ , Notary Public in and for the Stafe of Florid ~~1~ , ~~r : My CommissiOn ellpires: V Return To: ~ ~ fivst federal Savings d Loan Associafion ' i':~ of FLORfGA at LAR6E " j~/f~ ~~j'ZG MY CU:.• ~s~~.~ .,~~~X~~?FS S..PT. 9. 1974 Of ~ urt P vo_. bUt~~Eli 1 HROU1aii fRED W. DIES7ELHORST ! i Fo,t c~-.«. Fi~.~~3 f gEC0~0£0 This Instrument Prepared Byc John W. Collins 11,£~ ~pUMtY ~C~ First Federal Savings 8~ Loan Association ~j•~~ P~SA~s T ~ of Fort Pierce~ Florida C`ER~ ~~~~fl~ COUa } ~F AfC~pOYCR 55 Checked By Q pK ~ ~ 2a96~8 soox~o7 PA~E 4~s ~ c 1 h,