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To p~ace and co~~rinvovsly Meep on the bu~:~~ngs now or hereafier •~tuate on s~;d ~and and on al~ eq~~ip,nent and personally covered by this mor a9r, with all pr<<z.~u~~~s th<•reon Had in lull, fire iusu~anc~ m iha ~sval u~~w~erd po'~cy form, in a s~m ay.y,rovec by tha MOR~G~GEE, a~~J windato ~ns~raote in the ~sual standaid po!.cy form, in a wm approved by ~he MORIGAG~E, in such tompany ar COni~~aniBS as the A!02TGAGEE m d~reu; aod ail fire a~:d wmJat~rm i+~w:ance po!~c:as on any of sa~d bu~id~ngs, any inte~est therem or part thareof, in the aggr~ga~a svm atoresaid ~n eacess ~hereof, s?~atl ;w~~~m ~he us~a1 sta~~da~d mo:~gagee dause or such o~her cla~se as the Mortya9ee may requ~re, moking N~e toss undzr s~~J po c:es, each and every, payab`e ro said h!JRiGAGtE as ~ts intcr.~st may appear, and each and every such po'~cy ihall be pro~nptly assg~~cd a~~d de~~YCr~d i any held by sa~d t.10RlG.4GiE as (u~ther s:currty ~o said n:or~gage dabt, and, not less than ten (101 days in ad.ance of the expirat~on of each poi~cy, to d. Gver to sa~d h10RiGAGfE a renewa! thereof, togethrr v~ith a rece~pt for the premium ot suth rene,nal; and thure sE~.til be no fue or w~~~dsto~~~~ insuranc pfated on any of said b~~~!d~~~gs, any irocreat therein or part thercof, unless in the fo~m and with fhe lose payab!e as aforesaid; and in the event any sun of monay becomes p:,yable ~nder such policy o~ poLcies sa+d h10RTGAGEE shall have the apt;pn to rrce~ve o~~d ~pE:y the sanee on account ot ~he ind~btad ness secured hcreby o~ to perinit Sa~d 1'AORTGAGOR$ t0 reCaiue and uSe it W any patt Ihe:~~of to~ o:n•. r Hur;. ~s;•5, :r:~h~~„1 ~h'~~ .v.:~'•~ c~ u''P~~' fng any equ~ty. I~en or r~yht undc~ or by virtue of Ihis mcc'gage; and in the eveM sa:d MORTGAGORS shall :or any re~son fail to keep the said premis~s so ~nwred, or lail to detiver pro~nptly any of s~~d po~~t~es of insurance to sa~d MORTGAGEE, o~ fall p:omptly ~o pay fuily any pre~~~wm ~here;for or in a~y ~espect Iail to perfomi, d:sch,.r~e, e~ewre, eifect, complete, co:nply with and abide by this coven.int, o+ any pin hr~eof, sa~d MGRiGAGEE may piace a~~o pay for wch insw..nce or any part thereof w~ihout waiving w affecting any opt~on, lien, equ~ty, o~ r~ghf under or by virtue of this Mwtgaga, and the f~il a~nount of each and c.ery such peyment shall 6e immediately due and payable and ahall b~ar intcres~ from tha dote thercof until paid at ~he rate ol n,ne per centurn per annu:n a~~d to~,lh~r with suth int~~rest sha~l be setu~ed by the lien of This mortgage. 4. To permit, commit a suffer r.o wastr, impairment w deter~oration of said properly ot any part thereof. 5. To pay a!i and singuia~ the ccsts, charges and expenses, including a reasonab(e attorney's fee and costs of abstratts of title, incu~~ed or paid at iny ti:r.e by sa~d MORiGAGEE, because o~ m the evem of the fa~lure on the part of the said h10RTGAGOR to duly, p+anptty and fui{y perform, d~scharge. a- wte, effect, c~~np:rre, comply w~~h and ab:de by each and every the stipulat~ons, agreements, conJ~tions, and covenants of sa~d p~o;n~ssory note a~~d :hls -~ortgage any or e~rher, and sa!d costs, cha:gas and expe~ses, each and every, shall be immrd~ately due and payabte; whethe~ or not thrre be nouce da rr.c~n~, attempt to to~iect or suit pend~ng; and the full a~nouM of eath and every suth paymeM shall bear interest from the date thereof unti{ paid al the ~r oj n~ne per c~-utun~ F~r omw:n; a.i:.' aii said wsts, charges and ex;:anses incurred or paid, together w~~h such interrst, shall be securcd by the Len of this mortgage. 6. That (a) in the eve~t of any brrach of ~his Mortgage or default on tFr pa~t of the h10RTGAGOR, or ;b) +n the event any of sa:d sums of money t crein referred to b~ not prompt;y and (utly pa~d within thuty (30) days neat afrer the same severai:y become due and payable, without de:nand o~ notice. ~r ec) in thr event each and every the stipulat~o~s, agreements, co~~ditions and covenants of sa.d promissory note and th~s mortgage any or either are nm iu;y, promptly and fully perfor~ned, d.scharged, executed, effected, compieted, complied wiTh and ab~d~~d 5y, then in e6ther or any such eveM the sa~d ag ~r~~gate sum rnemioned in sa~d promissory note thcn remaining unpaid, with intere;t acaved, and a~l moneys secured hereby, shall become due and pay ac.e fo~thw~th, or thereaf~er, at ihe opt~on of sa~d MORTGAGEE, as fully a~x! comple~ely as if a~l of the said wms of money we~e ong~nally st~putated ro be pa:d on s~ch dzy, aaything ~n sa d pro•e~~ssory note or in this Mortgage to the contrary notvvi~hs~and~ng; and th~~eupon or fhereaSter at the op~~on of s,.J /~ORTGAGEE, wnhout no~~ce or d~,nand, su~t at law or in equ~ty, therefore a thereafter begun, may be proaecuted as it all moneys secured hereby n_d matured pr:or to ds initit~hon. 7. Thar in thr event thet at the beyinn~ng of or at any time pending any su~t upon this Mortgage, o~ to foreclose it, or to ?eform it, or to enforce ;.~yment of any ti~ims he~e~nder, sa~d 110RTGAGEE shall apply to the Court havin~ ~ur~sdittion thereo! for the appomtmeM of a Reteiver, suth Court shail !orrhwirh appoint a rece+ver of said m.ortgagad property ali and singular, inctud:ng aIl and sir.gu~ar :he income, prot~ts, iswes and revenues from whatever >_urce derived each and every of wh~ch, ~t bemg expresiy understood, is hereby mortgaged as ii spec~fically set fa?h and deuribed in ~he granting and i~nendum clauses hereof, and such Receiver sha,l have all ihe broad a~d effect~ve funct,ons and powers in anywfse emrusted by a Court to a Retriver, and s_ch appoirttment shall be n:ade by svch Co~re as an admitted equity and a matter of absolute right to said MORTGAGEE, a~d without reference to the n<i.a;,~cy or inadequacy of the value of the property mortgaged or to the so.vency or inso~vency oi said MORiGAGOR or the defrndants, and that such c••,rs, profits, inco.ne, iss~es and revenues shall 6e appiied by such Receiver accord:~~g to the tien or equity oi said MORTGAGEE and the practice of such CourL B. To du:y, prompt!y ar.d fully pertorm, discharge, ezecute, eifect, complete, comply with and abide by each and every the stipulations, agreements, cor.d~tions and covenanrs ~n sa~d promissory note and ~h~s mortgage set farth. 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 : ~ RTGAGf E, its successors ar,d assigns, may, wi~hou~ noiice to the MORTGAOR, deat wrth such successor or wccessor in interest wi~h reference to lhis ;•Tgage ar.d she d=bt hereby secured in the same manner as wifh ~Aortgagor without in any ~vay vit:ating or d:scharging the Mortgagors' ~iability he~e- I. der or upon the d~bt hereby srcured. t`!o sa~e of the premises here4y mortgaged a~d ao farbearance on the part oi the IAORiGAGEE or its wccessors c• ~ss~9n5 and no extens~o~ of the time fw the paymen~ of the debt ~iereby secured given by the IhORTGAGEE or its s~ccessors or ass~gns, ahall operate •o re•eose, d.scharge, mod~fy change or affect the o~igmal Iian:Gty of the MORTGAGOR herein, either in whole or in part. 10. h is spec~jicaliy ao.eed that tlme is of the essence of this contract and that no waiver of a~y obligat~on hereunder w of the obligateon se- ~~r_d hereby shali at an~ ti:~:e thereafter be heid to be a waiver of the terms hereof or of the instr~meM secured herby. 11. ln ~dd t:on ro the iorege ::g momi~!y paym_nts ot princ pal and interest required by the prom'sscry nete s.cured herzb~, mortgagor covenants .i egr•_es to pay ro r.~o*tg~3ee v.~th each man!h!y Yayr.:ent an add~rional sum est ~:ated by mo~tgagee to be equai to 1, 12 of t: e annual cost of the follow- A-AII .ea! F:ropcriy tax:s fe+~a~ or assessed aga~nss fh~ above describcd real esrate. 6-Pr_~.:~ ~s o,~ f~re and r~~f~dstorrr, msuracce as he~e~n requ:red to 6e carriFd en thc improvemeats s~tvate on the above d:scr~F~d premises. C--Pre:r,~v~~ s o:~ wch n:o:t.^,aaa guaianty ~r.wrar:ce as mortgagee shail frem tme to time deem fSt to carry on the loan secured hereby. Mo~tgagae s6,'! `.~cm :nne to t~me nctif f mortyager ~n writing of ttie amou~t due and payable hereundrr and such sum shait th~eeupon be dve and ~ .:~b?e o~ thc: d~e d~ve of the next ntonth:y paymem and eacfi successive month thereafter ur.tii mortgagee shall notify mortgagor of a nge in such ; .unt. Sucfi sv~ns si a:i 6e app:ied by mortgag?e toward the payment of rea! property taxes, insurance prem;ums, and mortgage a insurance . ,~r~iums. ~ IN 4VITNESS '.'.'N:REOF, ti3e sa~d h10RTGAGOR has hereunto set his hand and seal the day and ye ir ew:d. Signed, Sealed and delivered in the presente of: Sesl) t5eal) i l5eal) ($eal) ~ 5?.~TE OF FLORIDA ~ ~t . ~,i1C1P UfJTY OF Before me personalty appeared ~~1 f t"eC~ L. Test end _ uWeCIG~02}7Tl TeSt his wi(e, to me well known a~d known to me fo be tna individuafs described in and who executed the foregoing instrument, and acknowledged before me that they exxuted the same ~fw tthe purposes ~.h.~~;~ rF•_rei~ expressed. And the said ~venc?olyn Test : :;:!e of the said _ f~lfTP(! L. T~5'C Y~separ e'apd.piiyate e•am~natlon by me taRcn sepa.ate and apart from her said husband, atknowledged to and before me that she executed said~ir~rt~nt freety'Md;~o(un- .~y ar~d wlthout any compu~sion, constraint, apprehens~on, fear of or f~om her said husband. ~ ~ l~ ~ i , Oct ber ; ~ : ' wtiITNESS my hand and offiual seal this__ day of f•_ : y~ ~~~i7'2- ~-2 ~ ~f - ~ Notary PubGc in and ior Stafi at ~tFpe '_c ~ My Comm~ss~«? expire NOTARY • ~ ~ ~ ~i Return To: ~"°1;e.~ d^FiQ~DA 3LIARGE ~ First Federal Savings b Loan Associat~on blY COMMISS(6f4.;EX~FA~~ p~~, 2g, ~975 ~ Of fort c~:.~. 8oe0W Tnru Generaf i~wy,iN Unee..rr_:rs. ~ Fort P~~:~ce, Flor~d.~ ~ • f ~ sri~ 7.{C9R8f! ~ ~~l~~t[ y9U1tS~' fi,l1. This Instrument Pre ared B Ga r F. l;l lc~onc' CEF j J~*~y5 ~ p y y ~EA~c C~ 1L U:T „Q(Mt ~ First Federal Savings 8 Loan Association ~C4R.{: %f~ •f~En~ ~ of Fort Pierce ~ F2~ r ir~z ~ Mw .9 8 32 'T I ~ Checked By ~ - 24162fi ~ EOIK~O~ r~GE ~ _ js ' _ _ _ _ - - - - ~ v ~ I~~ _ ? ~ ` ~ ~ --n-~.~..~ _ _ _ ~