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To place and continuousty keep on the bui'd+'ngs now w hereafter s;~uate on na~d land and on aC cqu~pm2nt an~ perionaily cove~ed by this mortg- e9s, with ail prem;ums Ihereon pa~d in full, lire ins,,rance ~n the usual staredard poi~cy Form, in a wm approved by the MORIGAGEE, and w+~~ds~o~m iniurance in the uiua) s~andard po~:cy iam, in a sum approved by rhe MORTGAGEE, in tuch company or compan~es as the A10RTGAGEE may d;iecr, and all f;re and w~ndsrorm i~swance po~icies oo any of sa~d b~~~d~~gs, any interest therein or pa~t thereof, in ihe aggrcga~e sum aforesa~d or in excess th~~eof, sAall comain ~he usual standsrd mortgagee cla~se or such o~he~ clause as the Mortgagee may requ~re, making the ~oss undr sa~d poli- c~e~, each and every, payable ro said A10RIGAGFE as ;n in~crrsf may appear, and each and e•+e~y svch porcy sha{I be p~omp~ty afs gnrd and de~~v~r.ed ~o any held by sa~d MORTGAGEE as fu.~her security to saEd ,,,o:~9age d~bt, and, not tess ~han ten (10) days in advance ai ~he expiranon of each pofcy, ro da- IivQr to said MORTGAGfE a renewal the~eo(, toge~her with a receipt for the pre~r+ium o) such ~enewal; and thrre shafl be ~w i~re o~ w~n~is~o~m insu~+nce placed on any of said buildings, any interest there~n or part thereol, untess in the form and with the loss payab~e as aforeaaid; and in the event any sum of money becomes payable under wch policy or poGcies said MORIGAGEE ahall have ~he opt~on to receive and apply the sa~ne on accouni of ihe indr6erd- ness secu~ed hereby o~ to pe~mi! saed MORTGAGORS to receive and use it Or any part thereof for o:ner Hurposes, v~~~iv;,;t th~r,ui .v.:d:~.+~ ~r n,:pwr- ing any equ~ty, lim or right unde~ or by virtue of ~his mo:'gage; and in Ihe evrnt sa~d MORTGAGORS shall fo~ any rrason fait to keep the said premis:s so in:~~~ed, o~ Fail to deliver promptly any of said polities of insurance to said MORTGAGEE, w fail promptly 1a pay lully any pre~n~um the~elor or in any respec~ fail to perform, d~scharge, execute, effect, comptetr, comply wi~h and abide by thts covenam, or any par? hareof, sa~d MORTGAGEE may p~ace a.~d pay fw such inaurance or any part ~hereof without waiving or a(fecting any option, tien, equ~ty, or right urtder o~ by vhtue of this htprtgage, and tht tu!t amount of eath and every such payment shall be immediatety due and psyabte and shall bear interest from tFw date the~coi uneil paid at the rate ol n~ne per centum per annum and to3rther with such interest shaii•be secured by the Gen Of Ihis mortgage. 1. To permit, commit or suffer no waste, impairment ot deterioration of said property w any pari the~eo~. 5. To pay all ar~d singul~r the costs, clurges and expenses. ~ncluding a reasonabte attorney's Fee and cos~s of abstracts of title, incurred or paid at any time by sa~d MORiGAG:E, becausr or in the event of the failure on t}x pari o4 the said MORTGAGOR to d~ly, promp~Iy and futly perform, d~sci~arge. execute, effcd, complete, cwnply wuh and ab:de by each and eve~y the stipulat~ons, agreemems, cond~lions, and covenants oi said promi:sery note and thi~ rnortgage any or ei~her, end sald costs, charges and expenses, each and every, shall be immediately due and payab:e; whether or not there be not;ca ds mand, attemp+ to collect or sui~ pend~ng; and the full a~rwun~ of each and every such payment shall bea~ inferes~ from ~he dare thereof u~~it paid at ~he ~a~e o~ nine per crntum p.:r annu:n; and all said costs, charges and expenses incurred or paid, togethe? wdh such interest, shall be secured by the lien of th~s mortgM)O. . 6. That (a) in the event of any breach of this Mwtgage or default on the part of the MORTGAGQR, or (b) +n the event any of sa:d sums of money herein referred to be o01 pranptly and iu~ly paid wi~h~n thnty (30} days next after the same severa?ly become due and payab!e, without demand or notice, or (c) in the event each and every the stipu:ations, agreemeNS, conditions and covenants ot sa:d promisswy oose and th;s mor~ga9e any w e~ther arc oot i~~y, promptly and fuliy performed, d~scha~ged, execu~ed, effected, comp?e~ed, complied with and abided Sy, then in either w any such eve~r the sa~d ag gregate sum mentioned in sa~d prom~sswy ~ote then remaining unpaid, with intere,~ acu~ed, and al~ moneys secured hereby, shatl becume due and pay a~'e forthwith, w thereaher, at the opnon of said MORTGAGEE, as fully and completely as if all of the said sums of money were onginally s~~pulated to be pa~d o~ such day, anything in sald prom~ssory note or in this Mortgaqe to the co~trary not.vithstanding; and th~reupon w fhereafter a1 the oprion of sa:d MORiGAGEE, w~thout notice or demand, suit at law or in equity, the~efore w thereafter begun, may be prosecuted as if all moneys secured hereby nad mawred pr~or to ~ts institution_ 7. That in the event that at the beginning of or at any time pending any su`~t _upon this Mortgage, o~ to fo~eclose it, or to refwm i~, or to enforce paymenl of any claims hereunder, said MORiGa('afE shall apply to the Court havinq_jurisdidioo fhereof for the appo~ntment of a Reteiver, such Court shafl f~rthwith appoi~t a receiver of said mortgaged property all and singvlar, includ,ng aH and singular the income, pro(~ts, issues a~d reve~ves }~om whatever snurce derived, each and every of wh~ch, it be~ng expressly understood, is hereby mortgaged as if specilicatly set (wth and described in the 9ranring and h36endum ctauses hereoF, and such Receiver shall have af~ the b~oad and effec~~ve iunct~ons a~d powe~s in anyw~se entrusted by a Court to a Receiver, a~d s~ ch appointmen~ shall be made by such Court as an admitted equity and a matter of abse!ure right to said MURTGAGEE, and wi~heut reference to the adNq~aq w inadequacy of the value of the property mortgaged or to the so~vency or inso!rency oF said MORiGAGOR or Ihe defendants, and that such renrs, proiits, income, issues and revenues shall be applizd by such Receiver accord~ng to tF~e tien or equity of said MORTGAGEE and the pract~ce of such tourt. 8_ io duly, prorr+pf}y and fully pfrfo.m, discharge, execuee, effect, compiete, compfy w~th and abide by each and every the stipulations, agreements, conditions and covenants ~n sa~d prom~ssory note ond this mortgage set for~h. 9. That in the event the ownership of the mortgaged premises, or any part ther¢of, becomes vested in a perwn othe? tAan the MORTGAGOR, the k'ORTGAGEf, its successors and ass~gns, may, without notice to the A'.ORTGAOR, deal w~rh such successw or s~ccessor in interes~ with refere~ce to this morigage and the debt hereby sec~red in the same manner as w~th Mortgsgo. Mrithout in any way vit~ating w dncharging the Idortgagors' liability here- under or uFo~ the debt hereby se:wed. No sa!e of ~he premises hereby mortgaged and no fo~bearance on the part of the IAORiGAGEE or its succeswrs or ass~gns and no eatension of the time for the paymem of the debt hereby secured given by ~he IdORTGAGEE or its svccessors or ass:gns, a~iall operare ~o re!zase, dacharge, modify ~hange or affect the original Iiab~Gty of the MORiGAGOR herein, either in whole w in part. •10. It is speci(ically agreed that time is of the essence of this contrad and that no waiver of any ob~~garion hereunder or of the obligat'an se- cvred hereby shal) at any time thereafter be held to be a waiver of the terms hereo( or of the i~~strument secured herby. > 11. In add:tion to tfie forego:ru3 monthty payments of Fxinc pal and interest requ~red by the prom~ssory no!e secured hereby, mortgagor covenants ,.d agrees to pay to mortgagee with each monsh!y pay~.~ent an add~rional sum est~mated by mortgagee to be equai to 1,: i2 oi the annual cost oF the follow- 7 n A-All real p~operty taxes lev~ed o~ assessed agat•~st the above descr;5_•d real estate_ B-Prem~u~~s on (ire and winJstorrn ~nsurar.ce as nere~n requ:red to be ca.reed on the improvements s~tuate on the above d=str~bed premises. C-Prem~ums on such mortgage guaranty insura~~ce as mortgagee shall fro•~ t~me to time deem fit carry on the loan secured hereby. Mortgagee sha(I from time to t~me notify morrgagcr in wrir~ng o? the dRrOUr11 d~e and payable here nder a~d such sum shall thereupon be due and ; 3~able on ~he due date of the next mo~thly payment and each successive montfi thereaft~r until mortga e shall not~fy mortgagor of a cha~ge in such nunt. Such sums sf:a:l be app:ied by mortgagee towar~+ the paymenf of real property taaes, insur ce rem:ums, and mortgage guarant iruu~ance :-•emiums. IN YlIT~~E55 ':1HERcOf, the sa~d MORTGAGOR has hereunto set his hand and scal the day yea fir t afo{esaid. - Signed, Seated and deiivered in the p?esence of: l ~ ~ ~ , ~ ab aq ~ ~ i - ($eal) (Seap 4 STATE Of fIORIDA ~ ~JUNTY OF St. Lucie ~ 'j Befwe me perwnally appeared Wlilld' B. NOdg@ - and F ! I rl S$• Hodge h~s wife, to me we(t known and known to me to be ' tha individuaSs described in and who executed the fwegoing inttrument, end acknowledged before me that they executed the same for ehe purposes ~ ihe.e;n expressed. And fhe said •I Yl S$. Hodge ' +.~je of the said Wlilla~ }jOdQe vpon a separate and private ~Kam~nation by me taken separate and apart fram her said husband, ackrawledged to and before me that she exetuted said instrument freely and volurr ra-,cy and without any compulsion, wnsrraint, apprehem~on, or fea? of or fr her said husband. i I WlTNESS my hand and official seal thi: day of NOVq r ~ d~~ ~ ~ v ~ Nmary Public in and fw t tate o ~d~ a1 ge = ~ My Commission expires: t" C" = Return To: • ~ ~ ' - ' + ' p - Firat Federsl Savings 3 loan Associat~on NOTpRy ppg, tr, 3T~jE;,4~RQ ~ r? ! : , Of FOrt P:e~ee. MY CO~TMISSI'.Y ?DA~:; ~ Fort Pierce, Florida ~ ~ Eri. ~o~dM ibru Gerte~ ~s, ~ , ~~eN.U~Nn,I i•~ -.t~ FIlEO ANO P.E~Uit0E0 ~ ST. tUCtF COUMTY FLA. ~ ~ ' ° This Instrument Pre ared B ROCEF FJciRAS ~C P Y.Tohrf W. Collins CLERK Ci.:CJIT ~OURT First Federai Savings 8 loan Association RfCpt~p yrn,~jEa~ - of Fort Pierce~ Florida i Checked By ~ 9 S~ ~N Z f 242009 , ` aoox 8 Fac~ ~J2 f ~ z js ~ _ ~ g ~ . : 4 ~s _ . - _ _ s~