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To place and cont~nua:sly keep on the bu~:d~ngs now or herea(ter situate on sa~d Isnd and on aR equip~nenl and personally cove~ed by th~s mortg~ ~gs, with all premivms thereo~ pa~d in fult, tire insurarce in ihe usual standa~d po!icy iorm, in a sum approved by ~hr MORiGAGEE, and winJ:rorm insurooce in the usual ~tandard po~.ty 1o~~n, in a sum approved by Ihe A10RTGAGEE, in suth company or compan~es as the MORiGAGEE may d~rec~; and all firs and w~nds~orm insurance polic~es on ~ny of sa~d build~ngs, ~ny interasi therein or parf thereof, in fhe aggrrga+e sum aforesa~d w In eacesi thrreof, shall co+~ta+n the usual sta~idard mor!gagee clause w such other tlause as Ihe Mortgagee may requiro, maYinq the loss under sa~d po~i- cies, each and evcry, payablr to sald AIORTGAGEE as ~n ~roe~.:st may appear, and each and e~ery such po~~cy ~hatl be prompr~y aan gned a~~d de~iverrd ~o any held by sa~d h10RTGAGEE as funher s>cui~ty to said ^;or~9age debt, and, ~ot fess than ten (101 days in adva~xe oi :he exp~~at~on of each pol~ty, to de- Gver to said MORiGAGEE a renewal thereof, toge~her with a re:e~pt fo? the p~emium of suth renewal; and there shall be no f:re or windsw~m insurance plated on any of sa~d bui!dings, any interest there~n w part lhereof, unless in the form and witA ~he loss payablc as aforesaid; and in the event any sum of money beco~~es payabte undrr wch policy or pol~cies se~d MJkTGAGEE sfiall have the optlon to rece+ve and appty the same on accoun~ ot the i~xl~brrd- ness secured he~eby a ~o perm~t said MORTGAGORS to recrive and use it a any part tl~::eof for oti,r. pu~;~osrs, .•.~~h,,~t ~h~r~ur wa~~~.~3 0~ ~~~~p~~~• ing any equ~ty, lien w riyh~ under w by virwe of Ihis mo:tgage: and in the eveM sa~d MORTGAGORS shall fo~ any reason fail to keep the said premis:f so insured, or fail fo deliver p~omptly any of s~id policies o( insurance to aaid MORTGAGEE, or fail promptly to pay fully an~ p~e~~~~um therelor or in any respec~ fail to perfo~m, d~scharge, execute, effed, complete, comp{y wi~h a~ abide by this coveoaM, or any part hr~eoi, said MORiGAGEE may piace a~~d pay fw such insura~ce or any part thereof without waiving w affectirtg any option, lien, equity, or right under or by virfue of this Mortgage, and tht f~ll amovnl of eacA a~~d every such paymant shall be immediately due and payab:e and shall brar interest from the date thereof until paid at the rate ol n]ne pe~ centum per annu:n and to~e~her v.fth such iroe•es~ shaii :~e sccured by the lien of this mortga9e. 1. To permit, commit or suffer no waste, impairment w deterioretion of said property w any part thereof. S. To pay all and sing~lar the costs, charges and eaFenses, indud~ng a reasonable attwney i fee and cosfs of abstrac~s of t~tle, incurred or paid at any time by said MORiGAG:E, beca~ae or in the event of the fa~lure on ?he parl of the said MORTGAGOR to duty, pra-nptly and fu~ly perform, d~scharge. >xxute, etfect, comp:ete, comply w~th a~~d ab:de by each and every the stipulaf~ons, agreemeros, cond~tions, and tovenants of said promissory note and this mortgage any o~ e~iher, and sa:d cosrs, charges and ezpenses, each and every, shall be immediately due and payab:e: whe~her or rtot there be norice d~ mand, attempt to toilect or suit pe:~d:ng; and tha (ult amount of each and every svch paymen~ shatt bea. interost irom the date thereof uroil paid at the ~.+ie os n~ne per centum par a~in,,:n; and ad said cosn, cF~argcs and exprnses incurred w paid, togzther w~th such interest, shall be secured by the lie~ of tA~t mortgega b. Tha1 (a) in 1he event of any breach of this Mortgage or defa~lt on the part of the MORTGAGOR, w(b) in the event sny of sa:d aums of money herein referrrd to be r.ot promptly and fuUy paid wirhin th~rty (30) days nexi after the same seve~a!ly become due and payable, wi~hout demand or notice. or (c) in the event each and every the stipu:a~ions, agreements, condisions and cove~ants of sa:d promiswry note and th;s mortgage a~y w either are ~ol ~uty, promptty and f~lly perforr.~d, dscha~ged, executed, eff~red, completed, complied with and a6~ded 5y, then in e~ther or any such event the sa~d ag ~regata sum mentioned in said pro~~~ssory note then remaining unpa~d, '«ith intere;l accrued, and atl moneys setured hereby, shall become due and poy- able (orthwith, or thtreafter, at ~he opt~on of said MORTGAGEE, as futly and complete:y as if ali of tlir said s~ms of money were w~g~nally sGpu:ated to be pa~d on such day, anything in sa.d prom;ssory note or in this Mongage to the con~~ary notwithatand~~sg; and thereupon or thereafter at the op~~on of said MORTGAGEE, without not~ce or demand, suit at law w i~ equity, therefore or therealfer begun, may be prosecu~ed as if all moneys secured hereby nad matured pr~or to its institunon. 7. That in tl+e event that at the beginning of or at any time pe~ding any suit upon th~s Mo.tgage, or to ~oreclou it, w to reform it, or to en(orce payment of any daims hereunder, said MORTGAGEE shafl apply to the Cour~ having ~urisd~ction thereof for ~he appointment of a Receiver, such Courf shail forrhwith appoint a recei.e- of said mortgaged property all an~ singular, incfud~nq all and singular t}~e income, prol~ts, issues and revenues from whateve? :o~rce deri~ed, each a~d every of wh~ch, it be~ng expressly understood, is hereby morrgaged as if spec~ficatly set fwth and described in the g~anting and habendum clauses hereof, and such Receiver sha~l have atl the broad and effecrive f~nct,ons and powe~s in anywise en:~usted by a Courl to a Receiver, and s~ch appointmenr sha11 be made by such Court as an admittcd equity and a matter of absolute r%ght to sa~d MORiGAGEE, and w~ihout reference to the adequacy w inadequacy of the value of the property mortgaged or to the so~vency or inso+vency of said MORTGAGOR or the defendants, and :hat such rents, p~ofits, income, issues and revenues shal~ be appiied by suth Receiver accorai~~g to the lien or equity ot said MORTGAGEE and the pra:t~ce of such CouA. 8. To duty, promptty and fuily pe~form, d~scharge, execute, effect, complete, comply w~th and abide by each and every the stipuiations, agreements, conditions and covenants in sa~d promissory note and th~s mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person othe~ than the MORTGAGOR, the 1.1pRTGAGEE, its successors and asstgns, may, wirhout norice to the 1RORTGAOR, deal w~th such wccessor w wccessor in interest with reference to this mortgage and the debt hereby secured in the same manner as with 1Llortgagor without in any way vitlating ar d~scharging the ~Aortgagori liability here- ~nde~ or upon the debt hereby sec~red. No sale of the premises hereby mo~tgaged and no fo~bearance on the pan of the IJIORTGAGEE or its successors or assigns and no extension of fhe T~TP for the payment of tF.e debr he.eby sec~red g~ven by the ~NORTGAGEE or its successors or ass:gns, ahall operate ro re!ease, d~scharge, modify change or affett the orig~nal l~abil~ty of the MORiGAGOR herein, either in whole or in part. 10_ It is spec~ficaliy agreed that time is of the essence of th~s cont:act and that ~o waiver oi any obl~gat~on hereunder or of the obligaYan se- cured hereby shal~ at any time ~hereafter be he!d to be a waiver of the terms hereof w of the instrumeM secured herby. 11. In add:t[o~ to the Eorego ng month!y paym_ms of princ pa~ and interest req~ired by the promiswry nore secured he•~~by, mortga~or covenants and ag~ees ro pay to ino:tgagee w~th each monrh~y payr.:ent an add~iional sum rsr~n•ared by mortgagee to be eqval to 1;: 12 of the annual cost of the iotlow- ing: A-AH real property taxes le•ne~ or assessea dg3i'151 tFc aoove described rea! estate. B-Prert:lu:T~s on Gre and w~i:dstor~n ~nsuracce as f~ere~n req~~red to be carr~<d on the ~mproveme~ts sitvate an the above descr~bed premises. C-Premi~ms on s~ch mortg>ge guaranty ir.s~~a~:ce as mortgagee shall frcm t me to time deem fit to carry on the loan sec~red hereby. Mortgagee sha!i frcm time to ume nou(y mortgagor in wr~t~ng of the dT.OU'1~ doe and payabte hereunder and such s~m shall tnereupon be due and ' rayable on the due dare of the next month:y payment and each successive month thereafter ur,til mortgagee shall notify mo~rgagw of a change in such ~ a•^ount. Suth sums shaii be app!ied by mortgagee toward the payment of ~eal property taxes, insvrance pre.m~ums, and mortgage guaranty insurance ` premiums. - IN \41TNESS YJHEREOF, the sa~d h10RTGAGOR has hereunto set his hand and seal tF~e day and year first aforesaid_ € ,$eal a delivered n the presence of: , ~"~"-VC. . ~G (Sean ~ _ ,t,A t.~~ (SesO (Seaq - R1ith .H. R08 P,I (~a~) STATE OF New York ~ . ~ ~i~GCL~f ~ cousvnr QF Befwe me penonally appeared R~B.L-.I.~~Ll~+ar ' and R{l~l H. Foater his wife, to me well known and known to me to be the ind~viduals described in and wM executed the foregoing instrument, and acknowtedged before me that they exec~ted the same for the purposes therein expressed. And the said Ruth H. Foster r,ife of the said ROb@Yt J FQster upon a separate and private e,cam~nat~on by me taken separate and aparf fro^.i her said hu band, acknowledged to and before me that she execused said instrument ffeely and voiun- +ariiy and w~thout any compulsion, constraint, apprehen_ s~orr,~fear of w from her said hus WITNESS my hand and of!~c~al seal this ~ ~ dsy of NO~~8r A. D. 19 72 ~ ll ~ ' . ~~`El~ iM~ h~CQv Q~Qt otary Public in and for the~ Sfl{e of Florida y gVr~e - T,IUC E COLNT ~ My Commission expires: l} Return Tc: IlOCC3 POlt~~a ` ~ qt i1~-';- ~ fint Federol $avings 3 loan Assxiat~on (`,(,~F~K C: ~~U~T ~~URT a - { ~7 ~ Oi Forr P~erce. lI~CCPr~ '~F R:: if ~ ~ ••v~~ P~~,~ _ _ y rI `t • ~ ~ ` ~aalit.. ;t`. ~ ,j . Fort Pierce. Florida ~ 5 9 zl A!1'~~ • a , . ~ilball33iun F:,: ' i.: . . !'r . ' 1 ~ Z, s. • ~ ~ ~ 3 - 3~-~~ . ~;•y0 ~ ~ . ' • r' ~ This Instrumenf Prepared By J. H. RobeztS~ J!. l~•. ~ First Federal Savings & Loan Association !r~ ` ~ of 6ort Pierce ~ Floz3da ~ " ~ Checked By 243103 U R ~ ~ - BO~K ~O PACf IGl~ ~ 1.s < - ~ ~r ~ t ~ ~ hr ` - ~ _ v . ~ ~.r:° _ . ~ ,