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To p!ace and continuous!y keep on the bui:d~ngs now or hereafter fituate on said land and on all equip~nent and personally covered by this mor ege, w~th all premiums thcreon pa~d in full, f~re insurance in the usual standard po~~cy form, in a sum approved by. ~he /.".OR~GAGEE, and w~ndsto inwrance in tha uwal atandard pof.ty (orm, in a sum approved by the MORTGAGEE, in such company or companies as ~he titiORTGAGEE rn direct; and all fire and w~ndstorm insurante policies on any of said build~ngs, any interest therein or part thereof, in the aggrEga~e :um aforesaid in eacess ~hereof, shaU comain the usual sta~zdard ma~gagee dause or such other dause as ~he Mortgagee may requ~re, maAing the toss under sa~d po c~es, each and every, payab!e to said h10RTGAGEE as ~ts interest may appear, and each and every such poi~cy shail be promptly ass gnrd and de~ivered ~ any held by said MO~TiGAGEE as fu~ther sec~rity to said n:ongage debt, and, ~ot less than ten (10) days in advance of the expirat~on of each polity, to d~ lrver fo said MORTGAGEE a renewal thereof, together with a?ece~pt }or the premium of such rene+val; and there shall be no f~re o~ windsto~m iosuranc p~aced on any of said b~ild~ngs, any interest therein or parl ,he.eof, unless in the form and with the loss payable as aforesaid; and in the event any sun of money becornes payable under such poticy or policies said MORTGAGEE shall have the opT~on to receive and apy'y the same on accounl of ihe indabted ness secured hereby or to permit said MORTGAGORS to recrive and use it or any part thc:cof ior o;n•_~ pur, osrs, ~v:eho~t thr. ur .v::~.~ ~3 c~ ~~~~p~~r ing any equity, lien or righl under or by virtue of this mo: tgage; and in the event sa~d MORTGAGORS shall for any tcason fail to keep the said p~emisas so inaured, o~ fail to delive~ promptly any of said polities oi insurance to said MORTGAGEE, or fa~l promptly to pay fulty any pre~nivm therc~or or in a~y respect (ail ro perForm, discharge, execute, efFect, comp:ete, comply with and abide by this cove~ant, or any part hrreof, sald MORTGAGEE may piace a~~d pay for such insurance or any part thereof without waiving or affecting any option, lien, equ~ty, or r~gh~ under o~ by virlue of th;s Mwtgage, and the full amo~nt ot each and every such payment shall be immediately due and payable and shall bear imerest from the da~e thereof umil pald at the rate ol n~ne per cent~m per annum and to~rther with such interest shali be secured by the lien of this mortgage. 1. To permit, commil or suffer no waste, impairment o~ de:erioration of said property or any parf thereof. 5. To pay all and s~ngular the costs, charges and expenses, including a reasonable altorney's fee and costs of abstracts of title, incurred o~ paid at any tirre by said MORTGAG~E, because or in the event of the failure on the pan of the said MORTGAGOR lo duty, pron.ptly and futly perform, d~scharge ~xecute, efieU, canplete, comply w~rh and ab:de by each and every the stiputations, agreements, conditions, and covenants oi said prornissory note and this mortgage any or e~ther, and sa:d costs, cha~ges a~d expenses, each and every, shall be immediately due and payable; vvhether o~ not there be notice d~ mand, attempt to collec? or suit pending; and ~he full amount of each and every such payment shall bear interest from the date thereof untit paid at the rare of n~ne per c~ncum pcr ann~ ane~ all sa~d costs, charges and exprnses incurred or paid, together wnh such imerest, shall be secured by the lien of lhii mortgage. 6. That (a) in the event of any breach of this Mortgage or defaull on the part of the MORTGAGOR, or (b) in the event any of sa~d sums oi money herein referred to be not promptly and fully paid wirhin thirty (30) days next afte: the same seve~ally become due and payable, without demand or notice, or (c) in the event each and every the stipulations, agreements, cond~tions and covenants of sa,d promisso~y note and th~s mortgage any or either are not iuly, promptty and futly perfer•ned, d~scha~ged, ezecuted, effected, completeiJ, compf~ed with and ab~ded 5y, then in e:~her or any such evenl the sa~d ag giegate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and ail moneys secured hereby, shall become due and pay- ab:e forthwith, or thereafter, at the option of said MORTGAGEE, as fully ard completely as il all of tl~e said sums of money were or~ginally s~~pulatcd to be pa~d on such day, anything in said prom~ssory note or in this Mortgage to the contrary notwithstanding; and the~e~pon or thereafter at the opt~on of sa:d MORTGAGEE, wirhout nor~ce or demand, suit at law or in equity, therefore or therea(ter begun, may be prosecuted as if all moneys secured hereby n;d matured pnw to its inititut~on. 7. That in the event that at the beginn~ng of or at any time pending any suit upon thEs Mortgage, or to foreclose it, or to reform it, or to enforce payment of any claims hereunder, said MORTGAGEE shatl apply to the Cou~t having jurisd~ction thereof for the appointment of a Receiver, such Court shafl fcrthwith appo~nl a rECeiver of said mortgaged property all and singular, incl~d,ng all and singular the income, profits, issues and revenues from whatever source derived, each and every of wh~ch, it 4e~ng exp~essly understood, is h.ereby mo~tgaged as if spec~ficalty set torth and destribed in the granting and h36endum c!auses hereof, and such Rece~ver shall have all the broad and efiective ~unct~ons and powers in anyw~se entrusted by a Court to a Receive~, and such appointment shall be made by such Court as an admitFed equity and a matter oi absolute right to said MORTGAGEE, and without reiereizce to the adequacy o~ inadeq~acy of the value of the property mortgaged or to the so~vency or ~nsowency oF said MORiGAGOR or the defendants, and that such rents, profits, incane, issues and revenues shall be applied by such Receive~ accord~ng to the fien or equity oi said MORTGAGEE and the praUice of such Court. 8. To duly, promptly and fu11y perform, discharge, execute, effect, comptete, tomply wilh and abide by each and every the stipulations, agreements, conditions and covenants in sa~d promissory note and this mortgage set forth. 9. That in the eve~t the ownersh~p of the mortgaged premises, or ~ny part thereof, becomes vested in a person other than the MORTGAGOR, the ':•OR?GAGEE, its successurs and assigns, may, withoW notice to the MORT ,AOR, deal with such successor or wccessor in interest ~tb refere~ce to this mo~tgage and the dcul hereby secured in the same manner as with ~lbrtgagor without in any way vitiAting or discharging the Mortgago~s' liab~tity here~ u~~der or upon the debt hereby secured. No sale of the Fremises hereby mortgaged and no forbearance on the part of the N10RTGAGEE or its successors or assigns and no extens~on of the time for the payment of the debt hereby secured given by the MORTGAGEE or its svccessors or ass~g~s, ahall operate ~o release, d~scharge, modify change or affect the original Iiau~Gry of the MORTGAGOR herein, either in whoie or in part. 10. It is spec~ficatly agreed that time is of the essence of this contract and that no waiver of any obl~gat~on hereunder or of the obligation s~ cured hereby sha11 at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In add tio-~ to the forego nq month!y paym_nts of princ pal and inirrest required by the prom~ssory no!e secured herebl, mortgagor covenants 3rd agrces to pay to r.iortyagee v~~th each month~y payrnent an add:rional sum estlmated by mortyagee to be equai to 1,~ 12 oi the annual tost of the follow- ;~:g: ~ _ A-All rea! property taxes lev~ed o. assessed agai~ist the above described real estate. i B-Prem~u~ns on fire and windstorm insurar,ce as herein requ~red to be carried on the improvements situate on the above described premises. C-Prem~~n~s on s~ch mortgage guaranty ir.surar,ce as mo~tgagee shall frorr. t:me to ti~ne deem fit to carry on the loan secured hereby. ~ Mortgagee shail fram time to time not~fy mortgagor ~n writing of the amount due and payabte hereundar and such surn shall thereupon be due and ~ ;~yab!e on the due date of ihz next month:y payment and each successive moroh thereafter ~ctit mortgagee shall notlfy mortgagor of a change in such ~ : ount_ Such sums shall be apptied by mortgagee toward the payment of real property tazes, insurance prem:ums, a~~d mortgage guaranty insurance ;~~emiums. IN V~ITFJE55 LVHEREOF, the said MORTGAGOR has he~eunto set his hand and seal the da and year 'rst aforesaid~ Signed, Sealed and d' in the~presence of: (Seal) ~ (Seal) " s- 1 .{$ea1) (Seal) STATE OF FLORIDA ~ ~Ji'i ~1C~A ~ COUNTY OF • 1 eefore me personally appeared ~ J0~111 Ci• ZS11Atiti~ and Rd~1199A ~+8T16titi~ his wife, to me well known and known to me to be rhe individuals descr~bed in and who executed the for oi^~' ~nstrument, and acknoM•ledged before me tF~at they executed the same for the purposes rherein expressed. And the said ~8tille8ll 0. Zanetti ~~~fe of the said tTO~IIl ~'i •~1+8T19titi~ , upon a separate and private e.aminat~on by me taken separate and apart from her said husband, atknowledged to and before me thaf she executed said instrument free{y and volum raio{y and w~thout any compuision, constraint, apprehens~o~, or~~ar of ot from her said husband. 7 ib~ WITNESS my hand and offiual seal this day of ~t~~r A. D. 19 ~ ~ Notary Public " and for the ate of Florida at large ° My Commissi expires: ST 7 S Return To: ~ ~ First Federal Savings 8~ Loan Association ~t _ Of Fort P;crce. ..•~~~•s~~~~-"'~` . . . _ Fort Pic'rCe, Florida ~.:j~':.~ .41r~~~ oROEO ~ ` ~ : : ' ~NO REC ~.`,r'~ ti''*:.': .~,~_t ~f_~ . NTY ~c. ~ . ~ . . ft lUC1E COU F~ ` ' '~.-~-u~:~ ' ~ ~ v `J- ~ . . S pOCE tRCl1jRAS RT ~ ' C~f aK ~ ~o COU This Instrument Prepared By ~'8t11{ J~ ~ • , ~ECnFd VrR'F1E First Federal Savings & loan Association 0~= f ~u ~']Z of Fort Pierce ~ F102'id8 - ~yt Mt 3' {Z 29 ~ ~~".~'~Q.~rs.,~~,. Z w ` o Checked By t~--- n~ ~~'t, ~.,.,,,,;s,~~•~ 24~-p~1 s~o~ 207 ~~23~1 , . p - - _ . ~ - _ _ _ - ~ ~ _ _