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To ptace and conr~nuo~sty keep on the b~]id~~~gs no+v or herea(~er ~ltuate on sa~d Iand and oo ali equ~pmem and personally covered by ~his mor~g- ege, with all p~emi~mf thereon pa~d m full, fi~e ins~rance in tha usuat s~anda~d poiicy form, in a s~m approYed by the h10RtG1GEf, and ~v~ndstorm ~nsura~ce ~n the uwa~ s~andard pohcy form, in a sum appro~ed by the MORTGAGEE, in such compa~y or con.pan~es as t~e MORTGAGEE may d~ret~; and all liie and w~~xJsrorm insurance polic~es on any of sa~d buitdmgs, any in~erest there~n or part thereof, in the a9g~ega~e svm aforesa~d or in extess thcreof, ~hall coN~in the usual standud mortgagee dauie or suth other ~lause a~ the Mo~tgagee may requ,re, making ~he ioss unJr~ s.~~d poli- c~es, each and every, payab'e to sa~d MORIGAGEE as ns ~meresr mey appear, and each and every sucA poi:cy shalt be promptly au g~~rd a~~d da~~vered ro any hetd by sa~d MORiGAGEE as turihe~ security to said morrgage debt, and, oot less ~han len (10) days in advance of ti.e expuatwn of~each pol~ty, to de- liver to said N10Qi:aAGEE a rcnewal thereof, toge~her with a race~p~ for the p~em~um of suth re~ewal; and thrre shall be no i,re or w~ndaro~m inw~ance placed on any ol said build~~gs, any interest therein or pa~t thereof, unless in the (orm and wiih the loss payable as a(aresaid; and in the e.ent a~y sum of money becanes payabie under such polfcy a pol~ues sa~d MORTGAGEE shatt have rhe apt~an ro ~ece~ve a~~d appty the same on accoo~~~ oi the indeWed- ness secwed hereby a to perm'rt sa~d MORiGAGORS to rec~ive and use it w any pa~1 the:rof for o:i~er H~rFOSes. .vnho~t fh:r.~~ o~ u,~p..~r- ing any equ~ty, lien or right unde~ or by virtue of ~his mo:'gage; a~~d in the eve~t sa:d MORTGAGORS shall for any reason fail to Eeep tf~e sa~d pre~n;s_s so insu~ed, or fail to delivrr promptly any of s3~d ~~ol~cies of insvrance to sa~d MORTGAGEE, or fai! p~omptly to pay f~~ly any premi~m therefor w in any respect fail lo perfo~m, d~scharge, execute, effect, complMe, comply wi~h and abide by th~s covenant, or any part hareoi, sa~d MORTv~+GEE may p~ace a~~o pay fw such insurance or any part thereof w~~hout waiving or affecti:~g any option, iien, equ~ty, or righf unde~ or by virtue of ~his Mwrgage, and the fuJl a~noun~ of each and every such paymenl shall be immed~ate+y due and payable and shall bear inlerrst f~om tha date thereof until paid at the rate o1 rv~e pe~ teatum per ann~m and togrthrr w~th such interest shat~ be s:cured by 1he lien of th~s mortgage. 4. To permit, commil or sutfer no waste, impairment w deterioration of said property or any patt thereof. 5. To pay all and singvlar the costs, charges and ex~~ses, inc!uding a reasonable attorney's 1ee and costs of abslracts of title, incurred or pa~d at ~~y time by sa~d MORTGAG:E, b~cause w in the event of ~he fa:lure on ~he pan of the said MORTGAGOR to duty, pro~~~ptly and fuily pertorm, d~scharge. eaecute, effecl, comp:ete, comply wah and ab:de by each and every the stipuleYons, agreements, conditions, and covena~us of sa+d p~o.m~:soiy note m,d th~s •~:orrgage any or e~rher, and sa:d cos~s, cha~ges and ezpenses, each and every, sha~l be ~mmediately due and payable; whether o~ not there be notice d~ +nand, atte~npt to coilec~ or suit pend~ng; and the full amount of each and every s~ch payment shall bear interest from the date therewf ~ntil paid at the ~.~~e of n;ne per cenrum Ner onuum; an~ a(t said costs, charges and e~epe~~ses incvrred or paed, togtither wdh such interest, shall be secured by the lien of th~s mottgage. 6. That (a) in the evenf of any breach oi this Mortgage or default on the part of ~he MORTGAGOR, or (b) ~n t{.e event any of sa;d sums of money herein referred IJ be r.0t promptly and fully paid within ~h:rty (30) days next after the sarne severally become due and payable, without demand o~ notice, or in the event eath and every the stiputations, agreements, condit~ons and covenants of sa,d promissory note and th~s mortgage any w e~~her are not iuly, promptly and iully performed, d,scharged, eaecuted, effected, compfeted, compl~ed with and ab~ded by, fhen in e~rher or any such evenf the sa,d ag g~egate sum menraned in sa~d p~om~ssory ncte ~hea rema~ning unpa~d, with interest acuued, and a:l moneys secured hereby, shall become due and pay ab~e forthwith, or thereafter, at the opnon of sa~d MORTGAGEE, as fully and comple~ely as if all of the said sums of money were a~ginaily st~pu~ated io be pa~d on such dsy, anythfng in sa:d prom~ssory note w in this Mortgage to the convaiy notw~thstand;ng; and therevpon w thereafter a~ the op+~on of sj!d MOR~GAGEE, w~thout nonce w demand, su~t at law or in equity, therefore or thereafter begun, may be prosetuled as if all moneys secured hereby r.~d matured pnor to its inst~tu~ion. 7. That in the event that at the beginn;ng of or at any time pending any suir upon rhis Mortgage, w to foreclose it, or to reform it, or to enforce p3yment of a~:~ claims hF~e~nder, said MORTGAGEE shail apply ro the Co~rt having jur;sd~ction thereof for the appomtmeN of a Receiver, wch Court shall forthwith appomt a receiver of said mortgaged property all aru! singular, intl~d~ng all and singular the ~ncome, prot~t3, issues and revenues from whatever scurce derived, each and every of wh~ch, ir be~ng expressly understood, is hereby mor~gaged as if spec~ficalfy set iorth a~d deuribed in the granting and F~bendum c!auses hereof, and such Receiver shall have alt thr broad and effective funct,ons and powers in anywise entrusted by a Court to a Receiver, and s_ch appointme~~t shall be made by such Coun as an admittzd equity and a matrer of absolure a+ght to said b10RTGAGEE, and withow refererxe to the acequacy o~ inadeqvacy of the value of 'the property mortgageci or fo the soive~cy or ;nsolvcncy of sa~d MORiGAGOR er the defendants, and that such renfs, profits, income, iasues and reve~ues shall be app;ied by such Receiver accord~ng to the Iien or equity of said MORIGAGEE and the practice o! such Court. 8. ~o duly, promptly and fully perfo~m, discharge, execute, effect, complete, comply with and abide by each and eve~y the stipulatioqs, agreemeNS, cunditions arsd covenants ~n sa~d pcor;ssory nore and th;s mortgage set fonh. 9. That in the event rhe ownership of the mortgaged pre~niaes. or any part thereof, becomes vested i~ a per~n other than the MORTGAGpR, fhe :'ORTGAGEE, its successors and ass;gns, may, wirhout notice to the MORTGAOR, deal wish such s~ccessa or successor in ;~terest with re(erence to this n•o~tgage and tM debt he~eby secured in the same manner as with Mortgagor w~thout in any way vitlatirtg or d~scharging the Mwtgagori Iiability here- ~nder or upon the debt hereby secured. fVo sate of ihe prem~ses h~reby mo.rgaged and no fo~bearance on the part ot ~he IdOR7GAGEE or its successors or ass~gns and no extens+on of the time for the payment ot t1~e debt h~reby secured given by the MORTGAGEE or its successors or ass~gns, ai~all operate ~o reiease, d~scharge, mod~fy change or affect the orig~nat liau:f;ty of the MORiGAGOR herein, eifher in whote or in part. 10. It is spec~fically agreed that time is of the essence of this contract and that no waiver of any obtigat;on hereunder w of the oblgation sr cured hereby shali at any tin,e ~hereafter be he!d to be a wa~ver of the terma he~eof w of 1he instrument secured herby_ 11. in add t:o~ to the forego ~ig moMh'y poyments of pri~c pal and imerest requ~red by the prom ssory no!e secured hereby, mortgagor covenants d agr~es eo pay to mo:tgagee v~nh each monrhiy pay~~,ent an add~iionaf sum es+~mared by mortgagee to be eqval to 1~ 12 of the annua! cost of the loUow- n^y: A-All rea~ property taxes levied o• assessed aga;•,st the a6ove described real esrate. B F~:n:~u~ns on f~re and windstorm ~nsurarce as nere~n requ,red to be carried en the improveme~ts s~t~ate on th~ above desr.~bed premises. C-Premiun:s o~ such moreg;ge guaranty ir.svra~ ce as mo-tgagee sha(I fre:^ rme to time deem fit to carry on the taan secured hereby. Mortgagee s~aN fran tune ro Timp norify mortgagcr ~n w,ir~~g ot the amou~t due and payable hereunder and such sum shal! thereuport be due and F~yable o~ the due date of ~n~ next mo~+h:y payment and each successive month thereaft~r ur.tii mortgagee shall ~ot;fy mortgagor of a change in wch a^.ount. Such w:ns shail be app'ied by mortgsg~e tovrard the payment of rea! property taxes, insurance prem:ums, and mortgage guaranty insurance e-emiums. . IN \'~ITNESS `.tiHEREOF, the sa;d MORTGAGOR h~s hereunto set h~s hand and seal the day and year first aforesaid. 'gned, Sealed and deli red in the presence ofc ~ ~ , Sesl) f - ~ (Seal) ; - Seal) - _ Dea R B017~lI t5eaq I ! S~ ATE OF RORIDA 1 i COUNTY OF St• LUC16 ~ ' ` Robert J. Bolin i Before me personally appeared a~ ; ~a Rae Belin his wife, to me wetl k~ ' ~bH • ~,to ine to be rhe individuals described in artd who execuled the foregoing instrument, and acknowledged before me that they e;,e~! ~?~1Fe purposes ` Ras Bolin t thereen expressed_ And the said_ - ~a ~ =~~~~~~i•~~ ~i~ ~ , - r ~ -r-,----~. i--: ~ - 3 t ~ r:lfe of the sa~d Rab r BO ~lI ~ ~11 i aqpaht~LafS~! private ' ~=amination by me taken separate and apart from her said husband, acknowledged ro and before me that ahe ex ~ aai ~strume~nf ~e41y, arid volun- r ra~:iy and w~thour any computsion, constra;nt, apprehens;on, or fear of or fiom her said husband. ~ ~C t u O~y WlTNESS my hand and officiai seal this- ~ r~ ~n- day of - NOVe~@r+' ' A.~D. l9-_~ i • .y ~ e ;a,~ - Notary Pub~~c in and for ihb,5 ~i of.F ~ida'~ • irge My Commission e:pires: . ~ v ~ ~t Retum io: • . First Federal Savings 8 loan Associanon Oi Fort P.e-ce. NOTARY PUBLIC, srarE or ~oRiDA ae URGE Fo~r ~i8r~g, F,o„da MY COMAHSSIOM EXPIRES SEPT. 25, 1975 ; BondeQ By Ameripn Bankas Insurance w. i ~ This I~strument Prepared By Wa. B. BYautl ~ ~E~ ~MG RECJRDfO ? First Federai Savings & loan Association WCtE CUUNTY i~,l, •of Fort Pierce Floxida Rfr ~E K~~i ,~~T~'~S ~ ~ ~UIT COU~ = ~ Y~'•`~f0 ; Checked By~_ . ~ ~?11 ~ 9 3z AH'~1 ~ ~~,~K208 ~~~F1~~ .24~ss ~ _ ~ ; - - - - - ~ ~ r - ~ _ ~ ~ 1~ . _ , ~ ~