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To place and continuously keep a+ ~he bui:dings now or hereatter situate on said land and on all equipment'and personally covered by this mo~ age, with a11 prem~ums thereon pa~d in full, f~re insurance in ~he usual standard poticy form, in a sum approved by the MORTGAGEE, and w~ndsto insurante in Ihe us~al standard pol~ty fonn, in s sum apptoved by the MORTGAGEE, in suth • tompany ot companies ai fhe MOR~GAGEE m d~recr, and all fi~e and w~ndstorm insurance po~~cies on any of said build~ngs, any inrerest the~ein or pa~t thereof, in the aggregate sum aforesaid • in excess lhereof, shall contain the usual s~andard mw~9agee clause or such other dause as the Mortgagee may requ~re, making tha ioss under sa~d po c~es, eath and every, payabte to said A508TuAGEE as its interesl may appear, and each and eve~y such pcl~cy shall be pro:nptly ass gned and delivr~ed ~ any held by sa~d MORTGAGEE as furthe~ secur~ty to said mortgage debt, and, no? less than ten (10) days in ad~ancs oi the eapiration of each poticy, to d~ liver to said MORiGAGEE a renewal thereof, together with e receipt for the premium of such renewal; and thero shall be no f~re o~ windsronn insuranc placed on any of said buildings, any intcrest there~n w part thereof, unles: in the iorm and with the Ioss payabte as afore3aid; a~d in the event ar.y sun of money brco~+~es payable uoder wch policy or pol~ues said MORTGAGEE ahall have ~he opt~on to reta~ve a~~d apply the same on account oi the indabted ness secured hereby or to permit sa~d MORTGAGORS to receive and use it or any part thercof fo~ o:ner purc~oses, .v~~ho~t th_~~ur ~~~z~~~~3 ~~~~P~ir ing any equity, lien w right under or by virtue of this mo:!gage; a~d in the evenl said MORTGAGORS shall for any •eason fail fo kcep the said premises so insured, or fail to deliver promptly any of said polities of insurante to said MORiG:.C:~, ~'-''~Y '^Y thP.Pfor or in a~v respect fail to perform, discharge, executt, effect, complete, tomply with and ab~de by this cove~~nt, w any part hzreof, said MCRjGAGEE may plsce rnd pay ior such insu~ance or any part thereof without waiving or affecting any option, lien, equity, or righl unda~ w by virtue of this Mortgage, and tht ; full a~naunt of each and every such paymem shal! be immediately due and payable and shal~ bear interest from the date thereof until paid at the rate ol ! nine per centum per annum and together with such interest shal! be secured by the lien of this morfgage. ~ 1. To permit, commit or suffer no waste, impairment or deterioration of said property o~ any part thereof. S. To pay all and singular the costs, charges and expe~ses, including a reasonable attorney's fee a~d cos~s o( abstracts of title, incurred or paid at any time by said MORTGAG:E, because or in the event of the failure on the part of the :aid MORTGAGOR to duly, promptly and fu~ly perfwm, discha~ge. execute, eifeu, complete, comply w~th and ab:de by each and every the stipulations, agreements, conditions, and covenants oi said promissory noie and this ~~ortgage any or eiiher, and sa:d costs, charges and expenses, each and every, shall be immediately due and payable; whethe? or not there be nmice dr n,and, attempt to collecl or suit pend~ng; and the f~ll amount of each and every such paymenl shall bea- i~terest from the date thereof until paid at the .,~~e o! n~ne per centwn per ann~rn; anc' ali said costs, charges and expenses inturred or pairl, together with such interest, shall be setured by the lien of this mortgage. 6. That (a) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, w(b) in the event any of said s~ms of mo~ey herein referred to be not promptly and fufly paid within thirty (30) days next after the same severally become due and payable, without demand or notice. er (c) in tha event each and every the stipulations. agreements, conditions and covenants of sa:d promissory note a~id th~s mortgage any w either are not i ~uly, promptly and fulty performed, d:scharged, executed, effected, completed, complied with and abided 5y, then in ei?her or any such event the said ag gregate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and a11 moneys secured hereby, shall become due and pay ae,e fwthwilh, or thereaffer, at the option of said MORTGAGEE, as fully and completely as if all of the said sums of rraney were originally s~~putated to be paid on such d.:y, a~y~hing in sa:d prom~ssory note or in this Mortgage to the contrary notwi~hstanding; and thereupon or thereafter at the op~~on of sa;d MORTGAGEE, wirhout notice or demand, suit at law w in equity, therefore w thereaiter begun, may be prosecuted as ii aii moneys secured 'nereoy n~d matured pr~or to 1ts institution. 7. That in the evenl that at the beginn~ng of w at any time pending any suit vpcn this Mortgage, a to foreclose it, or to reform it, or to enforce payment of any claims he+eunder, said ~~M1ORTGAGEE :hal1 apply to the Court having jurisd~crion thereof ior the appo~ntment of a Receiver, wch Courl shall Forthwith appoint a receiver of said mortgaged property all and si:~gular, inc:ud~ng all and singular the income, profits, issues and revenues from whatever sour~e derived, each and every of wh~ch, it being expreasly understood, is hereby mortgaged as if speufical~y set forth and desuibed in the granting and habendum ciauses hereof, and such Receiver shall have all the broad and effective funct~ons and powers in anywise entrusted by a Court to a Receiver, ar.d s.ch appointment shall be made by such Court as an admitted equity and a matter of absolute r~ght to said MORTGAGEE, and without reference to the edequacy a inadequacy of the value of the property mo~~gaged or to the so~ve~cy or insoivency of said MORiGAGOR or the defendants, and that such re~~TS, profits, incane, issues and revenues shall be applied by such Receiver according to the lien or equity of said MORT6AGEE and the pradice of such Court. 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every ttie stipufations, agrcements, conditions and covenants in said promissory note and this mortgage set iorth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, 6ecomes vested in a perwn other tha~ the MORTGAGOR, the .ti',ORTGAGEE, its successo~s and assigns, may, wi~hout notice to the MORTGAOR, deal with such successor w successor in interest with reference to this r~o~tgage and ~he dvbt hereby secured in the same manner as with Mortgagor w~thout in any way vitiating or d~scharging the Mortgagors' Iiability here~ i under w upon the debt hereby secured. No sale of the premises hereby mo~tgaged and no forbearance on the part of the /~10RTGAGEE w its successors or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors o~ assigns, a~~all operate ro ~clease, d~stharge, modify change or affect the orig~nal liabil~ty of the MORTGAGOR herein, either in whole or in part. 10. It is speuficaliy ag.eed that time is of the essence of this contract and that no waiver of any obligation hereunder or e! the obligation se- cured hereby shat! at any time thereafter be he!d to be a waiver of the terms hereof or of the instrument secured herby. 11. In add,tioi to the iorego'ng monthly payments of princ'pal and interest requ~red by the promisscry no!e secured hereby, mortga~or covenants ; a^d agrees to pay to mo:tgagee with each mon!hly payr :ent an addirionat sum estimated by mortgagee to be eq~al to 1;' 12 of ihe annual tost of the follow- , A-AII real property taxrs levied or assessed against the above described real estate. i B-Prem~ums o~ fire and windstor~n insurar.ce as herein requ~red to be tarried on the improveme~ts s~tuate on tfie above dsscribed premises. ~ C-Pre~niu~~~s on s~ch mortgage guaranty ir.surance as mortgagee shall from t~me to tirne deem fit to carry on the loan secured hereby. ~ Mongagee shall ~rom time to time notify mo.tgagor in writing of the amount due and payaUle hereunder and suth sum shaU thereupon be due and t ;.ayable on the due date of the next monlhiy payment and each successive month thereaft_r uctil mortgagee shall notify mortgagor of a change in wch I ,-~ount. Such sums sha~l be a~pii~d by mo:tgagee toward the payment of real property taxes, insurance prem;ums, and mortga~e guaranty insurance ~ i~~em~ums. ~ IN Y11TP~ESS NiHERrOf, the sa~d MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. Signed, Seated and delivered in the presence of: ~ LA.~ C~-~--~' (sea4 lSean i ~ (Seaq i (Seap 5 i ATE OF FLORIDA ~ St. Lucie ~ ~ ; COUNTY Of ~ Before me personally appeared SJaudie Rohn, a W1(jOW _ wifw to me well known and known to me to be the individuals described in and who executed the toregoing instrument, and acknowledged before me that they executed the same for the purposes rherein e:pressed. E~ntLtbesaid , a~ifg 9f. I~ 3d1~ -~LZ~RiIDII~ R~Y~i q` a.autin~r:ow i~r w~s+at~en~.pa.ak~~apefif.e~r~ I+e. sa;~ hvsbenc~ eeknow~kdge~ ~o-ar,~ befo?~methe~-sF+e-execvre~saidinsmm,er»ire~e~y-~'irQlow? ~ ~ar~ly_and ~~t~ciu<anK tomP~fsioo..cousira;ru.-aPP~roFwnsan. or- (ear-of ~ fron? kes said-~wsbarwi. ~ ~ ~ _ , ~ WITNE55 my hand and official seat thi< 19th day of October ~ '~~p, jt~J~'2 ~ • i " ' ! ~J • ~ tary Public in and {or the teof , id~at Liy~'v ~ y ~omm~ssion expires: = • - e . • -r ~ ~ Return To: (rQTA(jY ~ ~r • : - ~ firsf Federal Savings b Loan Assotiatio~ ~~M~ ~~A~'9^~ Of Fort P erce. 8 W Th ~N ~~~~~'k l~~s Fort Pi~rce, florida ~j~ ~e~~n' f lE~ ANO RECOtlDEO ~ s'~. WCIE COUNTY flA. ~ Q. 7 ~ ROCER POItRAS ~ ' ~ - CIERK CIRCUIT COURT F This Instrument Prepared By Richard K. Kayes RECORDYE~~~EO~ First Federal Savings & loan Association ~ w~ _ Q 45 17~ of Fort Pierce , Florida ~ p l117 ~ Checked B ~ ~~t• A „ :....r _ _ _ _ Y 24v~c,v.~ ~ ~ f eooM ( ~ncF~.34s ; ~ ;S ~ ~ ~;4` 4Y:"..L' - • - .j:. _ -,y "i q,T _ ._j ~ ~1