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To ptace and coniinuoualy keep on the bu~'dings ~ow or hereafte~ ~+tuate on sa~d land and on all eq~]pmen~ and persona~ly covered by ~his mor age, w~~h all premiums ~hereon pa~d ~n futl, fire inzurance ~n ihe usual s~andard pol~cy form, in a s~m appro~ed by ~he MOR~GAGEE, and winduo ~nsurance in thr usual standard po2:cy fo~m, in a sum approved by the M~RTGAGEE, in such company oe ca»pan~es as the MORTGAGEE m ' duect; and all iire and windstorm insurance poliues on any of said bui:dmgs, any inttrest the~ein or pa~1 the~eol, irt Ibe aggreqate sum aloresaid in excess thareol, s~all ;onro;n ~he uwal standard mortgagee clause w such ooher clause as ~he Mortgagee may reqwre, making the ~oss undrr sa~d po c~es, each and every, pay~b!e to said MORTGAGEE as ~~s interest may appear, and eath and evtry such pu:~cy sha(1 6e prompUy ass g~~ed and detivered ~ any held by safd MORiGAGff as f~rrhar securiry to sa~d «~orrgage deb~, and, not less than ten (101 days in ad~~nce of the expirat~on oi each poGCy, fo d~ Gver to said MORTGAGEE a renewal thereoF, toge~hrr wi~h a rece~pt tor the premium of such renewal; and there shail be no i~re o~ winds+orm inwranc piaced on any ot said bu~ldings, any interest Ihere~n or oart thereof, untess in the fo~m and with ihe loss payable as afo~esa:d; and in the evem any sun ot money becomes payabEe under s~ch policy or poGcies sa~d MORTGAGEE shall have the opt~on to rec<~ve a~td appiy ti~e sa~ne on accou~t of the indebt~d ness securetil hereby or to per~n~t sa~d 1AORTGAGORS to reteive and use it a any part the:eof for o:~~•:r pu~r osrs, .•.;+hout ih o; ~.vw~ cr ~~:,p,.~r ing any equ~ty, lie~ or right under or by vi~t~e of fh;s mo:'gage; and in the event sa~d MORTGAGORS shall tor any reason fail to keep the sa~d premisrs so mwred, or fail to deliver prcmptly any of said polic:es o1 insurance to aa~d MORTGAGEE, or fai! p:omptly to pay fulty any pre~nium therefor or in a~y re:pect lail to pertorm, discha.ge, execute, effect, complete, comply wirh and abide b/ this corenanf, o~ any part hereof, said MORTGAGEE may piace ano pay for such insuran<e or any part thereof without waiving or affecti~g any opt~on, lien, equ~ty, or righl under or by virtue of tbis Matgage, snd the iull a~nount of each and every such payment shall be im~nediately due and payable and shall bear interest from the date thereof until paid at the rate ol n~ne per centum per annwn and togetha~ with such interest shaii be secured by the lien of this mortgage. 4. To permit, tommit p suffer no waste, impair~nent or deterioration of said property or any part ihereof. 5. To pay all and singu~ar the costs, charges and expenses, including a reasonable attorney's fee and costs of abstrads of title, incurred or paid a1 a~y time by saEd MORTGAGEE, because or in the eve~~ of the fa~lure on the part of ~he said MORTGAGOR to duly, promptly and fully perform, d~scharge. _~ecute, etfeu, complete, comply w,th and ab:de by each and every the stipu~auons, ag~een~ents, conditions, and cove~a~vs of said promissory note and this ~~ongage any or e~ther, and sa:d cosrs, cha~ges and expenses, each and every, shall be immediately due and payable; whether or not there be notice de~ rnand, attempt to co(teU or s~it pend~ng; and rhe fult amount of ~ach and every such paymem shall bear interes~ from the date therecf until pa~d at the r.:~e o~ nine per crntum pcr „nnu:n; anc: ait said costs, charges and expenses incurred or paid, together w,th such inter~st, ahall be setured by the lien of thi~ mortgage. 6. Tha1 (a) in the event of any b~each of this Mortgage or default on t}~ part of the MORIGAG~R, or (b) in the event any of sa:d sums of money h~rein referrrd to be not pro~nptty and fully paid wiihin thuty (30) days nexl aft~r the same seve~a:ly become due and payable, wilhout demand or notice, or ~c) in th~ evem each and eve~y the stipula»o~s, agreements, conditions and covenants of sa.d promfssory note and tt~~s mortgage any or either are no! iv!y, pro~~pr!'y and iully performed, d~scharged, execvted, eftected, completed, compGed with and abided `ay, the~ in e~iher or any such evem Ihe sa~d ag gregate sum mentioned in said promissory note then remairting unpaid, with interest atcrued, and a~l moneys secured hereby, shail become due and pay ao e forthwirh, or thereaffcr, at the op!ion of said MORIGAGfE, as ful7y and complete:y as if all of tl,e said sums of money were originaiiy si;pu+ated to be pa~d on such day, anything in sa:d promissory note or in this Mortgage to the tontrary not~vithstandi~ig; and thcreupon or thereafte~ at Ihe option of s3.d MORTGAGEE, w~thout not~ce or demand, suit at law w in equity, therefore or thereaiter begun, may be prosecuted as if al! moneys secured i+e~eby r.:d mawred pnor fo us institution. 7. That :n the event that at the beginn~ng of or at any lime pendi~g any su~t upo~ this Mortgage, or to foreclose it, or to rrform it, o~ to enforce payment of any daims hereunder, said A10RTGAGEE shall app4y to the Court having jurisdict~on thereof tor the appomtmero of a Reeeiver, such Court shall torrh~vith appoint a receive~ of said mortgaged property all and singu~ar, includ~ng all and singular ~he income, prol~fs, iswes and revenues from whate~er source darived, each and every of whrch, ~t being expressty understood, is hereby mortgaged as if spec~ficaliy aet fonh and descr+bed in the granting and lwbendum clauses hereof, and such Receiver shail have all the br~d and effect~ve funcr,ons and posvers in anyw~se entrusted by a Court to a Receiver, and s_ch appointment shall be made by such Court as an ad~nitted equity and a matter of absolute right to said MORTGAGEE, and without ?eterence to the ecieq~acy or inadeq~acy of the vai~e of the property mortgaged or to the sotvency or ,nsolvency of sa~d MORiGAGOR or the defendants, and that such r~~•,rs, profirs, inco.ne, issues and ~evenues shall be applied by such Receiver accordhig to the iien or equity oi said MORTGAGEE and the prattice of such Court, 8. To duly, prompt;y and fully perform, discharge, execute, effect, compiete, comply with and abide by each and eve~y the stipulations, agreements, c~nd~tions and covenanrs ~n sa~d promissory note and this mortgage ser forth. 9_ That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a pe~son other than the MORTGAGOR, the :',ORTGAGEE, its succezson and assigns, may, withot~t nGtice to the ~tORTGAOR, deal with Such suttessor w successor in interesf with referente to this n~ortgage ar.d the d.~bt hereby secured in the same manner as with 1Aortyago+ witiwur in any way vit;at;ng or d~scharging the /Jlortgagors' liability here- under or upon the debt hereby securrd. No sale of the premises hereby mo~tgaged and no forbearance on the pan of the ?dORTGAGEE or its successors or ass~gns and r.o exrension ot the time for the payme~o ot the de6t hereby secured given by the NtORTGAGEE or its successars or ass~gns, a:ial) operate ro release, d~schafge, modify change or affect the orig~nal tiabilny of the MORTGAGOR herein, either in whole or in part. 10. It is spec~fical(y agreed thae time is of the esse~ce of tF.is contrad and that no waiver of any obligat~on hereunder or of the obtigation se- cured hereby shall at any time thereafter be hefd to be a waiver of the terms hereof or of the instr~ment secured herby. r• 1 l. In a;id.t:o~ to the forege ng month!y paymems of princ'pal and interest required by the prortusscry no!e secvred hereby, mortgagor tovenanfs ' 1 ~~,d ag~ees to ~ay to moctgegee .,ich each momhly pay~,~ent an add~~ional s~m est~mased by mortyage~ to be equal to l;' 12 ot tiie an~ual tost of the follow- ,,,g: . A-All real prope.ty tax:s le,~ed or asses:ed ag3i•isf the above described reat estate. 6-Prcm~ums o~ fire and windsrorm insurar.ce as herein requ~red to tre carried on the +mproveme~ts s~tuate on tbe above described premises. C-Prcrniu!ns on such mort~,ge guaranty ir.sura~.ce as mo~rgagee shail from r me to ti~ne deem fit to carry on the loan secured hereby, Mortgagee sha!1 `rom t~~ne to t~n,e not~fy mongagor in writing of the amount dve and payable hereunda~ and wch sum shait thereupon be due and ,;:able on tha d~~e da!e of ~he nc,et momhi~ payment and each successive month thereafter ur.tii mortgagee shall no6fy mortgagor of a chartge in such ~ o~nt_ S~ch su:ns sha:l k:e app!ied by mortgag~e tov~ard the payment of real property taxes, ins~rance prem,ums, and mortgage guaranty insurance ~,~e~niums. • IN \'lITDJE55 'A'HER~ e sai MORTGRGOR as hereunto set his hand and seal the day and r first aforesaid_ Signed, Sealed an `deliv red in e presence o ~ (Seal) ~ . V ncent R. McLynd ~~a~~ . - , (Seaq ~ ~ - Wi ie G. M~ n en c~a~~ 5~:.7E OF FIORIDA ' couvrr oF St. Luc.~p i~ - ~ Vincent R. Before me personatly appeared McLynden a~ Willie G. MCLvn~p*+ Zlis ~~f@o me well known and known to me fo be rh•~ ind~viduats descr~bed in end who executed the foregoing instrument, and acknowledged befo?e me that they execuied the same.fq~,~he pyrppses al~e e~cppes~~eAnd the said _ Wllile G McLYnd ~'1 u .i .~,JE a ~ • ;.....'~vF •-'v said Vi nront ft ~~~i~„~~,d~n ' upon.~'s~pac~E•Di~ p~rate. e.amtnarron by me taken separate and apart from her said husband, acknowledged to and before me that she executed said iqaYyrn -T` tqd volurt~ ~ r„ly and w~thout any compulsion, constraint, appreh~n, or fear of or from said husband. 7~ + ~~Y~ • ~ • Q. . .t - WITNESS my hand and offiual seal this- - _ da y of : J p~ ~ q~~ - ~ a;~ ~ _ - , Notary P~blic in a for St ids alQprae' My Comm~ss;on expiies: ~'5~, 4 Retum To: ~ I f~~~T L C , First Federal Savings b Loan Associat~un i Of Fort P:erce. Fort P~arce. Flor~ds fi~EQ ~~r RECO~OEO ' ST.LUCIE iOUMTY flA. ~ R~CtER f V{jR~S ~ CLERK CI~~GU1~ COURT This Instrument Prepared ByR. K. Ka,yes RF_C~?R~V~a~=''E~ j First Federal Savings & Loan Association `O 06 aM ~~Z of Fort Pierce Rlozida ~ ~ ;~41282 Checked By _ @O~K i'AGf ~Ua7~ , • . , , ~ , ; - - _ a:r s .~`~~~".Z~.~~~.~ . - ~~~3.z,..a:'~ _