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To placa and tuntinuo~siy iczep on the bu~`d~~~gs novv or herea(ter a~t~ate on sa~d ~and and on aL' equ~pmeM and personally covered by this mor~g- ege, w~~h a~l premiu:ns ~hr~eon p~.d in full, f~re ir.sura~ue ~n the ~wai standard pol~cy form, in a sum appro~ed by the MORiG:.GtE, a~:d winditonn ~nsura~ce in the uiual n~.~~,da~d po:.cy.form, in a s..m appro~ed by the MORTGAGEE, in such co~npany er compa~~es as ihe MORiGAGEE may dnec~; and all fi~e and wm~laturm inw~ence poi~cies on any of sa~d build~ngs, any interesl thz~em or Fwrt thereof, in the agqr~~gare sum aforesa~d o~ in excess Ihereof, shall :.xvain the usual sta~~dard mortg~gee Nause or wch o~her dause as the Mortgagee may req~.re, maAing ~hr tois under s.~~d po~i- c~ea, ea<h and every, psyab;e to sa~d h10RTGAGEE as ns iMerest may appear, and each and eve~y such p~~~cy S~~e~l be promptty ass gr•rd a~~d da'~~v~rrd to eny held by sa~d A10RIGAGfE as (urtha~ s:curity to said moc~gage deot, a~d, not less than ten (10) days in ad~.~nce o( the expirat~on oi each poGC~•. to de- Gver to sa~d MORTGAGEE a~enrwat thereof, together with a rece~pt for thr premium oi such renewat; and ihere shail be no iue or wi~~dsio•~n insurence plated on any of said b~itdings, any interesl there~n o~ part thereof, vnless in the form and with the toss payable as afcresaid; and in Ihe eveM any sum of money becomts payabte ~ndrr uch policy or poLcias sa~d MORTGAGEE shell have ~he opt;on to rece~vr a~~d apply tnr sa•ue on accoun~ oi the ind~btrd- nass sec~red hi:reby or ro permit sa~d h10RTGAGORS to receioe and use it w any part thra~~of ior o:n•:r Fw;.csrs. v.~~r•:.=~t th:•~:~; .ti..~.~~:~ or u~'.p,;~~- ing a~y equ~ty, I~en o? r~yh~ unde~ o~ by virtue oi th~s mo•tgage; and io the event sa d M0~2TGAGORS sh3tl for any reoson (ail 1o k~ep 2he sa~d premis~s so ~nsured, or fail to de!~re~ prompHy any of said pol~cnea o1 in:ura~ce to sa:d MORTGAGEE, or fa~! p:omptly to pay fu~:y any pre•~±~u~n ihere4or or in any respect fail to pef~orm, d:scharge, execure, effect, canplere, co:nply with and ab~de 6y th~s covenaro, o~ any p.+r~ ha~eof, s.~~d MGRTGAGEE ~t~ay piace a~~d pay for such insurance or any parl thereof without waiving or affecting any optiw~, tien, equ~ty, or r~ght under or by wrt~e o~ this Mo~~gage, and ~he f•.:il amourt of each and every s~ch payment sha~l be ~mmediatefy due and payable and shall brar interes~ frem the data thereof until p.,id at the rate of n~ne per cent~m pe~ annun~ and to~oth~r vrrth such in!erest shaii be srwred by the lien o1 Ih~s mortgage. 1. To permit, commil or sufier no waite, impairmeM w deterio~ation of said property w any part thereof. 5. To pay all and singu'ar the costs, charges and expenses, induding a reasonable attorney's fee and costs of absrracts o! title, ~ncurred or po~d at any tin:e by said htORiGAGEE, becausr o~ in the eveN of the fa:lure on Ine pa~t of the said MORTGAGOR to duty, promptly and fu~ly perform, d~schargr, _x~~c~tr, e(fect, comp~ete, co~nply w~th and ab:de by each and every the stipulaf~ons, agree.^.~ents, conditions, and covenants oi said prorn~ssory note and tt~is nrortgage any or e~~her, and sa:J cosrs, charges and expenses, each and every, shall bz immediatefy due and payab!e; whe~he. o~ not chere be nof~ce d? mand, attempt to coliect or suit pend~ng; and the full amount of each and every such payment shall bear in~eres~ from ~he da~e thereof un~il pa~d al the ~..te oi n~ne per crrirum per an~~~:n; a~~c: a~t said costs, cha:ges and ~xrenses incurred or paid, to9ather ~vah :uch interest, shall be secured by the I~an o1 th~s mortgdg0. 6. That (a) in the event of any breach oI this Mortgage or default on the parl of the MORTG~IGOR, or (b) in the event any of sa:d sums of money hercin refeired to be not prompfly and fulty paid wiih~n Ihuty (30) days next afr•_~ the san,e severa'ly become due and payable, wi~hou~ demand or ~or~ce. or (c) in tha event each and every ~he stipu:afions, agreements, cond~:~ons anci covenams of sa,d pro~nissory nota a~~d th:s mortgage any or e~ther are nm ~.rly, promptly and I~IIy performed, d scharged, exec~ted, effected, cornpleted, compGed w~th and ab~ded 5y, ~hen in e:~her w any such event the sa~d ag gregate sum menrioned in said pr~m~ssory no+e then re~naining unpaid, with imerest accrued, and a.l moneys sewred hereby, shall becume due and pay- e~ e forthwith, or thereafter, at t~e opr~on of said h1pRiGAGEE, as fuily and completely as if alf of the said sums oi money we~e or~g~naily sr~p~~ated rc be paid on such day, anything in s3.d prom~ssory note or in this ldortgage to the tontrory notwithstand,ng; and thereupon or thereafter a1 the op~~on of s_,d MORTGAGEE, w~rhout no~~ce o~ dema~~d, suit at Iaw ur in equity, therefore or thereafte~ begun, may be prosecuted as if all moneys sewred hereby o_d matured pr~or to us ~nstitution. 7. That in the event that at ihe begi~n~ng of or at any time pe~ding any su~t ~pon th~s Mortgage, or to fweclose it, or to reform it, or to enforce p~vment of any claims hereunde+, said h50RTGAGEE sha;l apply to the Co~:t havir.g ~ur~sd:ct~on thereof for tKe appoiritment of a Receiver, wth Court shail ic~!hw;rh appo~nt a receiver of said mortga9ed property alt and singular, ind~d•ng a11 and eingular the ir.comp, prphts',!issuCS~and reven~es from wheteve? s:;~~rce de~~ved, each and every of wh,ch, ~r be~ng express!y unde~s~ood, is her~by mortgaged ~as ~f •sptc~ficallY yy-~qs~h and ~SCriF~d In the g~anting and h3bendum clauses hereof, and such Recriver sha~l have aI~ tha broad ar.d effccnve fu~zct.o~~s and.powers ~n anyw~se ent+un~ed by a Couri to a Receiver, and s_ch appointment shail be made by svch Co~rt as an ad~nittrd eq~ity and a matter of abso;ute righi to sa~d MORTGAGEE, and witho~t reference to the a<iequacy or inadeqvaty o! the value of the property mortgaged or to the so:vency or ~nso:venc~r of said MORiGAGOR or the detendants, and that such ~,~s, profits, income, issues and rever.ues shal{ be appi:ed by such Rec.ive~ accoro~~~g to ihe fien or equity of uid MORiGAGEE and the practice oi such Court. 8. To du!y, pr~mpt~y and f~lly perform, d~scharge, exec~te, effect, complete, compfy w~th and abide by each and every the stipulations, agreements, cond~tions and covenants ~n said promissory no~e and th~s mortgage set forrh. - 9. That in the event the ow~ership of the mortgaged premises, or any part tnereof, becomes vested in a pe~son other than the MORTGAGOR, the :~RTGAGEE, its successors ar.d ass~gns, rnay, without notice to the MORTGAOR, deai wi~h such successor or successor in infetest ~vith reference to this o•rgage and the d_bt hereby secured in the same manner as with M,ortgagor withoot in any way vit:ating w discharging the IAortgagors' liabi6ty here- cnder or upon the deb~ hereby secured. No sa~e of the Fremises hereby mortgaged and no lorbearance on the part of the ?AORiGAGfE or its wccessors cr assigns and no extension o! the time fo+ the payment of the debt hereby secured given by the MORTGAGfE or its suctessors or ass~gns, a1~a11 operate ro refease, d~scharge, mod~fy cha~ge or affect the o~iglnai liao~l:ty of the MORiGAGOR here~n, e~ther in whole or in part. 10. It is speuficaily a~reed that time is of the esser,ce of th~s comract and ~hat no waiver of any obt~ga~~on hereunder o? of the obligatan se- cvred hereby shat; at any time thereafter be hei~ to be a wa~ver of the terms hereoi ot of the instrument sewred herby. 11. In a;Jd t~o~ to t4~e Forego n~~ ~*~onth'y pnynt~nK of F~~inc pal and interes' required by the p+om;sscry no!c se:ured hereb~/, mortgagor covenanis i~ d ag~~es to pay to mortg~3ee ~nith each mon+hiy pay~.:ent an add:rional wm es+!•:ased by mortgagee to be eGual to l, 12 of the annual :ost of the follow- A-A!: reai property taxzs tev~~~ or d5SC5S~0 agai•~s! the abo~e dcsr~~cd r,al estafe_ B-F~em~u~~s on f~re and v.u,dztor~., insurar.ce as nere~n reGu;red to be carried on it,e improvemeats setuat= on the above descr~bed premises. C-Prem~ums o~ such mo:tg:.ge goa~arty ir.surar:ce as n:o~tgaeee sha~! f~c~~ t me to ;6ne deem fit ro carry on the loan secured hereby. Alortgagee sha:l from t~me to tinie notify mo.tgagcr ~n writing of the amount d~e and payable hersundrr and such s~-n shall thereupon be due and ' .~;ab:e on the d~e dat< of fhe rext monih:y payment and each successive mo^th thereafter ur,+it mertgagee sha!I rr~t~fy mortgagor of a change in such ^~nt. Such sums sha:i ~~e app :;=d 'oy mortgag~e toward the payment of real property taxes, insura^ce prem,ums, a~~d n:ortgage guaranfy i~surance E e:niums. f IN \VITNESS :"+'HERcOF, the sa~d MORTGAGOR has hereunto set his hand and seal the day and year first a{oresaid_ j r~ ~ ~ Signed, Sealed and f! ~ red i the presence of: ~ ~ ' sq a . ic a ~ ~ ~ (Sea~) ~ ~ ~ iSeal) ~ ' Ll., C -'2 - C (Seaq ~ ~ - e en . ei ar ST:,TE OF FLORIDA ~ 55. G~UNTY OF Ct 1~.ri g, 1 Before me personally appeared Nathan D Reiehart and _Helen E. Reiehart his wife, to me well known and known to tM t0-Cte , ~~e individuals described in and who executed the foregoing instrumeN, and ackr.ow~edged beforo me that they exewted the same for the purposts ~herei~ expressed. And the said__ _He ~ 6n E~ Re ~~F+ar t r.:ie of the said _ Aj~~'++~~c~nl,~~t , upars`e.itpaCafa and~priv~fe . ~ e=aminat~o~ by me ta+.en separate and apart from her said husband, atknowiedged to'and fore me that she executed said in~,rpenf'beedy: ar~d ~volW} ~ ~ rar,~y and w~iho~t any comp~lsion, constraint, apprehen ~gp, or fear of or from .r sai sba d. ~t~ : ' • WITNESS my hand and official seal this__ - day of ~ ' rA: 6.~ 19.~~ • ~ t • • ; i • - ~ ~ f~ o i - ! + ; ~ti _ ~ Notary Pubfic in a d i the State Qf.Elojida~a~ ~a~rgl, ~ `y My Comm~ss~on expir ~ ~ ~ ~y ~ Retum Ta. - ~3 First Federal Savings a Loan Associat;on b, „ _`~_~n~'._ / ~ Of Fv.r P.e.c., l:~ • ~ ~ Fort P~erce. FIur~J~ ~ 'r ~ ~ / ~ ~ fILED n~7 ?:C~)RDfD ~ This Instrument Prepared By Gaiy F. Ellwood 3T.lUC~F -OtihTY F~~, ~s First Federal Savings & Loan Association ROG~ ~=•=:~~~AS ~ of Fort Pierce ~~E~'~`=~ E~UR~ ~{~,<<~ ~ , Flozida av~°', ~ ~ U ~ Checked By ~ 0~ ~ 09 tt~ ~~l ~ M!7 ~ oR p ry~+ . 243484 ~s BOJ~i2~0 PACE~ `W ~ ~ . : - ~ j ~ a.~~- s ~ _ z-~ ~ ~ y ~ s ~ _ ~ , _W _