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To piace and continuously keep on ~he bu~'dings now or he~eafler aituate on said ~and and on aL' equipmem and penonally covered by thi~ ma sge, w~th all prcmiums tncreon pa~d in full, fire insurence the us~at s~anda{d poGCy form, i~ a sum appro+ed by the MORiGAGEE, and windsto insurante in the usual atand~rd poGCy ferm, in a sum appioved by Ihe MOR7GAGEE, in such compa~y or tompanies as the h10R1GAGEE m diretr; and all (ire and w~ndsrorm insu+ance pol~c~es on any oi said build~~+gs, any interest therein or parl thereof, in the agg~egate sum atoresaid in excess thereof, shall contain the uswl standa~d mor~gagee clause or such o1he~ clause as Ihe Mortgagee may requ~re, maAing Ihz ioss undrr sa~d po cies, each and every, pay~b!e to said h10RTGAGEE as its interest may appear, and each and every such poucy shall be promptly ass gnrd and detive~ed ~ any held by sa~d 6tORTGAGEE as lurther security to said mortgage debt, and, not less than ten (10) days in od+ance oi the expirahon oi each pol~cy, lo de live~ to sa~d MORTGAGEE a renewal thereof, toge~her wiih a receipt fo~ the premium of such renewal; and thrre shall be ~w Gre or winds~o~m insuranc placed on any of said build~ngs, any interest there~n or part thereof, un:ess in the iorm and with the Ioss payable as aforesaid; and in the event any sun of money becomes payabte ~nder such policy or pol~cies said MORiGAGEE shall have the opno~ to rete+ve and app!y the same on accow» of ~he indabt~d nesa secured he~eby or to permit said MORTGAGORS to receive and use it or any part ~he:eof io~ or~~~•r purF csrs, :.~:i~o~t th ~r .v~~.i cr ~•npai~ ing any equ~fy, lien or right under or by virtue of this mo:tgage; and in the event sa~d MORTGAGORS shall :or any reason fail to keep the sa~d p?einises so insured, o? fail to deliver p~omptly any of said pol~ties of insurance to said MORTGAGEE, or fai! promptly to pay fuily any pre:nium therefo~ or in a~y respect fail to pe~form, discharge, eaecure, effect, complete, co:nply wi~h and abide by this covenant, or any part hareof, sa~d MORTGAGEE may place a~~d pay for such insurance or any part thereof without waiving w affecling any option, lien, eq~~ty, or right urder or by virtue of this Mortgage, and the full amount of eath and every such payment shall be immediately due and payabte and shall bear imeresl from ~he date thcrcof until pvid at the rate ol n~ne per centum per annu~n and to~etiti~~r with such interest shali be secured by the lieo of this mortgage. 4. To permit, commit or suffer no waste, impairment or deterioration of said property w any part the~eof. 5. To pay all and singular ?he costs, charges and eapenses, including a reasonable atto~ney's fee and costs oF abstracts ef fitle, incurred or paid at any time by sa~d MORiGAGfE, beca~se or in the event of the failure on the pa~t of ihe said MORTGAGOR to duly, pron+ptly and fully perfwm, d~scharge. exec~te, effect, compiete, comply w~th and ab.de by each and every ~he stipu~anons, agreements, conditions, and covenants of said prom~ssory note and this mo~tgage any or e~the~, and sa:d costs, charges and expenses, each and every, shall be immediatety due and payable; whether w not there be not~ce dz mand, atte~npt to collect or s~it pend~ng; and the full ainount of each a~d every such payment shall bear interes~ From the date the~eof until paid at the rote o~ ~ine per crnsum ~x;r an:wm; and ail said costs, charges and expenses irxurred or pa~d, toge?her w~th such ~merest, shall be secured by the lien oi thi~ mortgage. 6. That (a) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, or (b) in the eve~t any of sa:d sums of money herein referred to be not promptly and fully paid wi~hin thi~ty (30) days next aire~ the same severa!~y become due and payable, wiihout demand o~ notice. or (c) in thr event each and every the stipulations, agreements, cond~tions and covenants of sa.d prom~ssory note and th~s mortgage any w eithe~ are not ~uly, promptly and fully performed, d~scha~ged, executed, effected, completed, compl~ed with and ab~ded 5y, then in e~ther w any such ~vent ~he said ag- gregate sum mentioned in said promissory note then remaining unpaid, with intere;t accrued, and at~ moneys secured hereby, shall become due and pay abie forthwith, or thereafter, at ~he opr~on of said MORTGAGEE, as fully and compie~ely as i( al! of riee said sums of money were or~ginally st~pu:ated to be pa~d on such d~y, anything in sa:d promissory note or in this Mwtgage to the coMrary not.vlthstanding; and thereupon or thereafter at the opt~on o( said MORTGAGEE, witfiout notice or demand, suit at law or in equity, therefore o? thereafter begun, may be prosecuted as if all moneys setured hereby nad mawred pnor lo ~ts institut~on. 7. That in the event that at the b>9inning oi or at any time pending any su~t upon this Mortgage, or to foreclose it, or to reform it, or to enforce payment of any c!aims hereunder, said MORTGAGEE shall apply to the Cour1 havirg ~unsd~ction thereof for the appointment of a Receiver, such Cou~t shafl Forthwith appoint a receiver of ssid mortgaged property all and singular, inc~ud~ng ail and si~,gutar the incon:e, profits, issues and revenues from whatever source derived, each and eve~y of wh:ch, it being expressty understood, is hereby mortgaged as if spec~f~caily set forth a~d deuribed in the granting a~d habendum cia~ses hereof, and svch Rece~ver shail have all the broad and effecnve funct,ons and powers in anyw~se en!rusted by a Co~rt to a Receiver, and :~ch appointment sha11 be made by such Court as an admitted equity and a ma~ter oi a6sotute right to sa~d MORiGAG'_E, and without reference to the adequacy or inadeq~acy of the value of the p~operty mor!gaged or to the so;vency or inso!ve~cy of said MORTGAGOR o~ the defendants, and that such rems, profits, inco.ne, issues and revenues shall be applied by such Receiver accord~ng to the lien or equity of said MORTGAGEE and the practice oi such Court. ' . 8. To duiy, promptly and fully perfo~m, d~scharge, execute, effect, compfete, comply with and ab;de by eacn and every the stipulations, agreements, conditions and covenams in sa~d promissory note and this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its successors and ass~gns, rnay, without nor~ce to the AAORTGAOR, deal with s~ch successor or s~ccessor ~n interest with refere~ce to thia mo•rgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating or discharging the Mortgagors" liability herr under or upon the debt hereby secured. No sale af the premises hereby mortgaged and no forbearance on the part of the /JIORiGAGEE or its successon or assigns a~d no extension of the time for the payme~t of the debt hereby secvred given by the MORTGAGEE or its successors or ass:gns, ahall operate to reiease, d~scharge, modify change or affect the orig~nal liabil~ty of the MORiGAGOR herein, either in whole or in part. 10. Ie is speuficaily agreed that time is of the essence of this contract and that no waiver of any obligation hereu~der or of the obligation se- ~cured hereby shal{ at any time thereaEter be hefd to be a waiver of the terms hereoi w of the instr~ment secured he~by. I1. In add,t~o~ ro the forego'ng monthly payments of princ'pal and interest required by the promisscry note secvred he:eby, mortgagor covenants and agrees to pay ro mo•tgagee v~ith each monthiy pay~:~em an add~rional sum estimated by mortgagee to be eg~al to l;' 12 of the annua~ cost of the follow- ing: A-All reaf property taxes le•ned or assessed agai~st the abwe described real estate. B- Pr_~n~u ~,s on i~re and windstorm inwracce as herein requ~red to be carried on the improveme~ts situate on ih: above described premises. C-Premiums on such mortgage guaranty insurar,ce as mo~tgagee shall from. tfine to time deem fit to carry on the loan sec~red hereby. ~ Mortgagee sha~l from t~me to rl~~,e no~ify mortgagor ~n writ~ng of the amount due and payable hereundar and wch su~~ shaff thereupon be due and Fayab!e on the due date of the next month!~ payment and each successive month thereafter ur.til mortgagee shall rtotify mortgagor of a thange in suth an;u~nr. Such sums sh~a:( be ap;~!ied by mortgagee toward ihe payment of real property taxes, insurante prem:ums, a~xl mortyage guaraniy insurance premiums. IN N~ITNE55 :':HEREOf. the said MQRTGAGOR has hereunto set his hand and seal the day and ye first a(ores ' Signed, Sealed a~d delivered in the presence of: ~ ~ (Sea1) ~ - Howa7Cd O Mast 1'S (seaq ~ . • tseaq , • Let~ Mar ri M (SeaO STATE OF FLORIDA S5. COUNTY OF St. Lucie ~ Before me perso~ally appeared HO'~~d ~~teYS and ~tarjorie M. lKa,sters his wife, to me we11 known and known to me to be the individ~ais described in and who executed the foregoing instrument, and ackrwwledged before me that they executed the same for the purposes therein expressed. And the Sa~a_ ~ta~ejorie M• ~St@YS w~fe of the sa~d Ho~rard O~ ~stps's , upo~ a separate and private examinat~on by me taicen separate and apart from her said husband, acknowtedged to and before me that she executed said instrument freely and volun- ranfy a~d vvi~ho~t any compulsion, constraint, ap~p he~~s~ion, or fear of or from her said husband. WITNESS my hand and otficial seal this__S~fL-- day of NOVP.mb@l' ~ iA. 19 72 ~ ~ a tary Public in and for the te'af "FI i afiar~ ~ ~ _ y Commission expires: _ : . ~ - - Return To: ~ = ~ ; ~ o ' - First federal Savi~ s b loan Association ' 9 NOTARY ~ ~ r~ - Of Fo.t P.eree. 01~~~~riC 2414'72 MY COMIRAIS3ION -F,J(PIRES ~~E~. ~7975 fort Piaice, Ftcrida BonOeA Thru Gcr.?~~I lntp.a~t' /~t~ ` F This Instrument Prepared By J. H. ROb@YtS~ .~0 ~N~ REC ~g~~ ~irst Federal Savings & Loan Association St,~.UC1E ~Q~~~r ~ of Fort Pierce ~ FlOYida ppCEF: POItaA~ r~RD rERict£p ~OU~ RF ~ Checked By ~ - - ~'O 52 t79 N011 . ~~n ~ - ~ ~ ~Q~ PAGE~JW 3C9(( 1 s , - - - _ _ - - - - - _ - - - - wp~ Y4 f . . y"` f ~~~`~'~~~e ~'~~T-~vc~"Nl~~\5 ~'~~'TS'~:~a fiv.~g"~.c~.... • ~F.~~~ ~