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To ptace and conNnuousty keep on rhe b~i~d~ngs ~ow or hereaher s~tuare on sa~d iand a~d on ati ~q;,~pment and personatly covered by this mortg ege, w:~h all p~emiums there~,n pa d in full, fire ins~rence• ~n the ~wat standard policy torm, in ~ sum ayp~oved by the MOR~GAGfE, and w~ndsro~m ~~surance in ~he uwal sfanda~d poGcy 1orm, in a sum approved by tha MORTGAGEE. in such company or co~+pan~es as the b50RTGAGEE may direct; and all t~ro and w~ndstorm i~surance pol~c;es on any of sa~d buiid,ngs, any interes~ therein or pait thrreol, in the aggregare svm aforesa~d o~ in eacess ihereof, shall :onr~in the usual ita~~dard ~~oregagze clause a such o+her dause as the Mortgages may req~~~e, making ?ha toss under sa,d poli- cies, each and every. pay:.b'e ~o sa,d MJRTGAGEE as i~s ~nrerrst may appear, and each a~.d e~ery wch pc~t~ty s~all be promptly ais gned a~~d drG~a~ed ~o eny hetd by sa~d 610RIGAGEE as furrher srwrity to said morigage debt, and, not leu ~han ten (10) da~s in advan:e ot ~he expiration o~ each po6cy, fo de- liver ~o sa~d MOR(GAGEE a ronewal thereof, rogerhe? with a rece~pt to~ the premium of ~uch rene+~al; and thrie shail ba no ine or w~~~ds~onn inswance placed o~ sny of sa~d bu;ld~ngs, any interost there~n or part thereof, unless in the fo~m and w~~h the ~ou payab~e as aforesaid; and in the event any sum of mo~ey become~ payab~e undrr s~ch {~olity or policies said MORTGAGEE sheil have tAe opnon to rece~ve and apply the ume on accounl of the indcbled- ness setwad harEby w ro perm~t said MORTGAGORS to reteive and use it or tny part thrrcof lor os6rr pur~ ~srs, vn~ho..t thr. o; ~,:~.i.~~ o~ ~.np,;in ing any equ~ty, I~en w r~ght undrr w by virt~e of Ihis mo:!gage; and in the event sa~d MORTGAGORS ~ha!t for any reason tail ro k~ep rhe sa~d prem~s_s so insured, o? fail to delwer p~omprly any of said policies of insurante to sa~d MORTGAGEE, or faii promptly to pay fuily any pre~»~.,m !herefor w in any respec~ fail to perform, d~scF~a~ge, executr, effect, comptNe, comply wiih and abide by this covenant, or any part hzreo(, said MuRiGAGEE may piace a~~d pay ior such insurance or any part thereof w~thout waiving w a(tecting any opfion, lien, equ~ly, or i~gh~ under w by virtue of this hlorlgage, and the f~ll amovm of each and eve~y s~ch paymrM shall b~ ~mmediately due and payable and s~+all bear ~n!e~es~ trom the dare thercof uniil pa~d a~ the ro~e o1 n~ne pe~ tentwn per annu~n and to~ether with avch ~nteres~ shafl be srcured by the lien of this mwtgage. t. To permit, commit w suffer no waste, i~npairn,ent q deterioration of said property or any parf the~eof. 5. To pay all and afng~la~ the cosrs, charges and expenses, incfuder~ a reasonable attorney's fee and costs of abstracis of tit!e, incurred or paid at any tin.e by sa~d MORTGAG;E, because o~ in thc evem oi the fa~lure on the pa~t of the said MORTGAGOR to duly, p~omp~ly and fu~~y perform, d~scharge. execute, effect, co~nptete, comply w~~h and ab:de by each and every ~he stiputa~~ons, agreements, condi~ions, and covenants oi said promissory note and ~his morrgage any ot e~~hei, and sa~d costs, chuges and ezpenses, each and e~ery, ahall be immediately due and payable; whrther w not ~hrre be nouce da mand, attempt to co;lect or suit pe~d~ng; and the full a~nount of each and e~ery such payment ahall bea~ interea~ from the date thereot untit paid et the r~te of n~ne per crniu~n F.rr or~e,,:n; and aN said costs, cnargzs and expensas encurred or paid, ~ogether w~th such interest, shall be set~red by the I~n of Ihif mor lgage. 6. That (a) in tt~e event of any breach of this Mortgage or default on tM part of the MORTG~?GOR, or (b) in the event sny of sa;d sums oi money herein ~eferred to be not prompt!y and fully pa~d w~rh~n rhury (3p) days nexr after the same severalty beco~~e due and {wyab!e, without demand or ~o~ice, or in the evem each and every the stipu:at~o~s, agreemr~us, tonditions and tovenants of sa•d promissory note and th~s mortgage any w either are not i~fy, promptiy and fu~ty performrd, d:scharg~d, executed, efie~ted, completed, compGed wtih and ab(drd Sy, then in e~?her or any such evenf the sa~d ag gregare sum menrroned in said promissay note thrn remaining unpa~d, with interest accrued, a~d all moneys sewred heieby, shall become due and pay- abfe forthwith, or fhereafrrr, at ~he opuon of sa~d MORTGAGEE, as tvlly and completely as ii a~~ of the said wms of money were onginstty snpviated to be pa;d oo svch day, anything i~ sa.d prom~ssory note or in this Mortgagr to the cororary notwithstand~ng; and thereupon w thereaSter a~ ~he op~+on of sa:d MORTGAGEE, wrthout not~ce or demand, suit at law w in equity, therefore or thereafter begun, may be prosecuted as if atl moneys secUied he~eby had matured pr,ot to us insY~tunon. 7. Thaf in the event that at the beginn~ng of or at any fime pending any su+t upon this Mo~tgage, w to foredose it, or to ~eform it, or fo enforte payment ot any daims hereundcr, sa~d MORTGAGEE shall apply to the Court havi~t9 ~w~sd.u~on ~hereof for the appointment of a Rewiver, such Court sfiall Forthwith appoint a receiver of said mortgaged property alt and sing~lar, includ~ng all and s~ngu~ar the income, prof~ts, issues and revenues trom whate~rt source derived, each and every of wh;ch, it being expressly understood, is hereby mortgayed as if spec~fically set forth and desuibed i~ ~he granting and hatxndum clauses hereof, and such Receiver shall have alt the broad and effec~ive funcf.ons and po.~ers in anyw~se entrusted by a Cou~t to a Receiver, and s::,h appoin:me~it shatl be made by suc1~ Gou~t as an admitted equ~ty and a matrer of absofute r~ght to sald MORTGAGEE, and wifhout reference to the adeyuoq o~ inadequacy oi the va~ue of the prope¦fy mortgaged or to the so~vency or insolvency of said MORiGAGOR or the defendants, and ~hat svch rr~ts, profits, income, ~ssues and revenues shall be app~ied by such Receiver accord~ng to the I~en a equity of said MORTGAGfE and fhe paattice of such Coar1. 8. To du~y, prompr;y and fulty prrform, discharge, execute, eifect, comp{ete, compiy with and abide by each and every the sl~puiatior~s, agreements, conditiona and covenanrs :n sa~d promissory note and th;s mortga~e set fwth. . 9. That in the evero the ownership of the mortgaged premises, or any part thereoi, becoma vesfed in a person other than the MOR7GAGOR, the r.1pRTGAGEE, ~~s successors and assigns, rr.ay, without nofrce !o the MORTGAOR, deal with such s~ccessor w successor in interest with referer.ce to Ihis n,ortgage and the debt hereby secured in the same manner as w~th Mortgago~ wi~hout in any . way vit~ati~g or d~scharging the Mortgago~s' liabitity here- vnder or upon the de6t hereby secvred. IVo saie of the Fremises F~reby mortgaged and no forbearance on the pan of the MORTGAGEE w its sutcessws oi ass~g~s and no exrens~on o` ehe t~me for the payment of the debt he.eby secuied givrn by the MORTGAGEE or its successors or au:gna, a~~all operate to release, d~scharge, mod~fy changz or affect the origina( fiab~Gty of the MORfGAGOR herein, eitl~er in whole or in parr. 10. 1~ is speuf~catly agreed thar time ~s of the essence of rhis conrraa and that no waiver of any obl~gat~on hereunder or of the obligation se- cured hereby shali ai any time thereatter be h_!d to be a warver of the terms hereof or of the instrumem secured herby. 11. In a~d:t~e~ to the forego'ng month!y payrnents of p,-i:ic'pal and interest required by the prom~ssory ~o!e secu~ed hereby, mortgagor tovenants and agrees to pay to n:ongagee v~nh each month;y paymer.t an add~donai sum esnmared by mortgagee to be equal ro 1~ 12 of the annual cost of the iollow- ing: A-All real Froperty taxrs levfad or assessed agai~st the above described real estate. B-Prem~u~-,s on ftre and wb:dstorm i~suracce as here~n requ:red to be carried on the ~mproveme~ts situate on the above described prem~ses. C-Prem~ums on svch mortgage guaranty insurar,~e as mortgagee shall fro:n r;me ro time 8eem iir to ca~ry on the loan yecured hereby. Morrgagee shai! f~om time to t~me not;fy mortgagor in writing of the amount due and payable hereunder and such sum shal! thereupon be due and F.ayabte on the Jue date of th> next monthiy payment and each successive momh thereaftcr until morigagee shall notify mortgagor of a change in such a-nount. $uch su~ns sh.a:f 6e app(itd by m.ortgagee toward the payme~t of real property taxes, insurance prem:ums, and mortgage guaraMy inwrance premiums. r,.~IN Y~ITNESS YJHEREOF, the sa~d h10RTGAGOR has hereunto set his har,d and seal the day and year fira aforesaid_ n~d, ~aled a.~vered i~ e presence of: _ % . Seal) ~ p . _ . ~ ~ tSeal) @33 ~ a y (Seaq - , ~ tSeal) SiATE OF FLORIDA S5. COUNTY OF ~a~ ~ j Before me personaUy appeared ROb@1't. • D3y a~ ~ _ Vi018 Da i p his wife, to me weli known and known to ~ne to be ; rhe individ~ais described in and who executed the forego~n~ Orjstarum~~nt, and acknow~edged before me that they executed the same iw the purpoxs ~ therein expressed. And the said_- Y1 1 31 ~ RObBl t E D8 ! wife of fhe said _ • y upon a separate and private ~ e,am~nat~on by me take~ separate and apart irom her said husband, acknowtedged to and before me that she executed said instrumeM freely and volun- rari;y and w~thout a~y compuls~on, constraint, apprehension, er fear of or from her said husband. ! WITNESS my hand and official seal this 1 day of December q, D. 19~ i ~ ~L~'f "X ~ ~ ' . Notary Public in and fw the State of Fjolida"at erge My Commiuion eapires: ~ ~ Retwn To: _t.,. i ti~ty N.~. ~I !1-.'.!a ~i ' First Federal Savings d. Loan Association 'j ~i . . ~ _ ~ ~ S G__ 7c ! ~ ~j : ~F fort P,erce. Ii~ L+.wllTi?..~i~:i Lwr.~~J ~1~~.~~J~~~IJ. ~C~ - Fors Pi~rce, florida ; ~ ~ 2~ + : ~ : . = . j ,~J a - . ~ _ : ~ r-` • FILED RN4 .'.ECOROED . ~ ~O - ST. LUCIE COUMTY FIA. 4= This Instrument Prepared By Richard K. Kay~es ROGcn ~01iRAS • cr First Federa) Savings & Loan Association C I E R K C~~?G UIT C OURT . y' of Fort Pierce~ F1o~'1d8 P.ECC4. 1~ r FIED..~.~ Checked By ~ Ye~ ~ 9 21 ~H 2431Q4 ~'ao~ 2d$ ~nccz~$$ ~ , ~ - - - - ~ - - - ~ ~ ~ ¢ ~ ~ ~ _ v ~ ~ ; _ ~a~~~~ . ~ _ _ ~ ' _ _