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To p!ace and continuously keep an ti~e b~i:d~ngs now or hereafter ~ituate on sa~d ~and and on aL' eq.,lpment and personally covrrec~ by th~s mor~g- age, w~~h atl prem~~ms thereon pa:d in f~lt, fire inSVfdnCN ~n ihe ~e~al uandard po~~cy form, in a wm approved by the MOR~uAGEE, a~d w~nds~orm ~nsurance in the usual standard po::cy fo~m, in a sum appro~ed by the h10RiGAGEE, in such co~npany or to:npan~es as the MORiGAGEE may di~ect; and all fire and w~nds~orm insu~ance policies on any of said bu~~d:ngs, any interest therein or perl thereof, in the ag9re~a~e s~m aforesaid or in saceas ~hereof, s~all co~taln the usual atand3rd mortgagae clause or such ofher c~ause as the Matgagee may requ~re, mak+ng ~he ~oss undr~ se~d po~i- c~es, each and every, payab!e to sa~d MORTGAGEE as ~ts ~nte~est may appea~, and each and eve~y such po:.cy shall be prompuy ass g~~rd and dcl~vr«d ro eny held by said h10RiGAGEE as fwrhe~ secu~ity ~o said mortgage debt, and, nol less lhan fen (SO) days in ad:ance of the expiration of each po~~cy. ~o da- i~ver to said MORTGAGEE a renewal thereof, toge~her with a recc~pt 4or the premwm o( such renewal; and ~hare shall be no f~re or winds~o~m insurance placed on sny of sa~d b~ildings, any interest therein or parf thereoi, unless in the (orm and with the ioss payab~e as aforeaaid; and in the evenl any sum of money becomes payable uitidrr wch policy o? pol~cies said MORTGAGEE shall have the optio~ t~ reccive and appty the same on accoum of the ~~~dabnd- neu secured hareby o~ to perm~t said MQRTGAGORS to ~eceive a~:d use it or any p~rt fhr:eof tor o:hrr Hw..:scs, .~.:~~+o,:t th_~.u~ w..~.~.~3 ~~~•P~"• ~ny any equ~ty, lien w righl under or by virfue of this mor:gage; and in the event sa:d MORTGAGORS shall ior any reason fait to keep the sa~d p~em~sas so inau~ed, ot 1ai1 10 deliver promptly any o4 said pol~cies of insurante to sa~d MORTGAGEE, ot fail promptly to pay fully any pre~n~u~n there4or or ~n dny respect tail to perfwm, discha~9e, e:ec~te, effed, comptete, comply with and abide by this covenaro, or any pan hr~eof, said MORTGAGEE may p~ace a:~o pay for such insurance or any part tF.ereof without waiving or aftacliny any op~ion, lien, equ+ty, or righl undar or by viitue of this Mortgage, and the full amo~nt of each and every such payment shall be ~mmediately due and payable and shall baar interest from the date the~eof until pa~d at the rate o1 n~r.s per centum per a.^.num and to~rther with suth interc~t shali b• sewrrd by the lien of this mortgage. 1. To permit, commit or suffer no waste, impairment or deter~oration of sa~d property or any parl thereof. 5. To pay all and singula~ the costs, charges and expenses, including a reasonable at~orney's fee and cosrs of abst~acts of title, incurred or paid at jny time by said MORIGAG:E, because or in the event of the faiiure on the part o4 the said MORTGAGOR to duly, pro~nptly and fu~ly pe~ioren, d~scharge, aaecute, ef(etL tompiete, comply w~th and ab;de by each and eve~y the stipulaf~ons, agreements, condihons, and covenants of said promis:o~y note and thi~ rr,ortgage any o~ either, and sa:d cosrs, charges and expenses, each and eve:y, shall be immedia~ely due and payable; whether or not there be nonce da n,and, attempt to collect or suit pend~ng; and the tull amount of each and eve~y such payment shall bea~ interes~ irom the date thereof until paid at the r.~t~~ of nine per centum ~r ann~:n; an~ afl said custs, charges and e~cpanses inc~rred or paid, together wdh such interest, ~hall be set~red by the lien of th~i mortgags. 6. That (a) in the event of any breach of this Mortgage or default on the part of the MORTG~IGOR, or (b) in the event any of ~a:d sums of money hrrein ~eferrrd io be not promptly and fully paid within th.rty (30l days ne:r a~ter the same severaHy become due and payable, without demand o~ nonce, or (c) in the evem each and every the stipu:at~ons, agreements, cond~t~ons and covenants of sa.d prom~sso:y note and th~s mo~tgage any or e~ther are no1 ~~ty, promptly a~d fully performed, d~scharged: exewted, effected, comp;eted, co~npl~ed with and ab~ded 5y, then in e~ther or any such event the sa~d a9- gregate sum menrioned in said promisswy note then remaining unpaid, with interest accrued, and at1 meneys secured hrreby, shal! become due and pay a5ie forthwith, or thereafter, at the option of said MORTGAGEE, as fu!iy and completely as ii a11 of the said sums of money were onginaily shputated to be pa~d on such d:.y, anything in said promissory note or in this Moitqage 1o thz contrary notw~thstanding; and thereupon or thereafter at the op~~on of s3 d MORTGAGEE, wrthout nohce or demand, suit at taw or in equity, therefore or thereaEter begun, may be prosecuted as if aIl moneys secured hereby r..:d matvred pnot to us enstitution. 7. That in the event that at the beginning of or at any time pending any suit upo~ this Mortgage, or to foreclose it, or to reform it, o~ to enforce paymem of any tlaims hereunder, said MORTGAG~E sha;l apply to the Cour~ having jur~sd~ction thereot for the apNO+ntment of a Rece~ver, such Court snall fcrthwith appoint a rece~ver of said mortgaged property a:l and singu:ar, includ.ng a11 and s~nguiar ihe income, prof~ts, issues and revenues from whatever scurce derived, each and every of wh:ch, it being expressty unckrsiood, is herrby mortgaged as if speGfical:y set fcrrh and desuibed in fhe g~an~ing and h3bendum dauses hereof, and such Receiver shall have aIl the broad and effective funct.ons and powers in anywne emrusted by a Court to a Rece~ver, and s~ch appointme~~t shali be made by s~ch Court as an admifted equity and a matter of abaol~te r:ght to said MORTGAGEE, a~d withovt reference to the adequaty w inadeq~acy of the value of the proaerty martgaged or to the so.vency or insoiventy o~ sa~d N,ORTGAGOR or the defendants, and that such re~!s, profits, income, issves and re~enues shail be applied by such Receiver xcord~ng to the lien or equity oi said MORiGAGEE and the practice of such Court. 6. To du'y, promptly and fut~y per(orm, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, _unditions and covenants in sa~d promisswy note antl this mortgage set forth. 9. That in the event the ownership oi the mortgaged prem~ses, or any part thereof, becomes vested in a person other than the MORTGAGOR, the .'ORTGAGEE, its successors and ass~gns, may, without not~ce to the MORTGAOR, deal with such wccessor w successo~ in interest with ~eference ?o Ihis o-tgage and the debt hereby securerl in the same manner as whh Mortgagor w~ihout in any way vit,ating or d~scharging the Mortgagori liability here- :,^der w upon the debt hereby secvred. No sale of the prem~ses hereby mo~tgaged and no lorbeara~ce on the part of the 110RiGAGEE or its successors or ass~g~s and no extension ot the time for the payment of the debt hereby sec~red given by the MORTGAGEE oi its svccessors or assigns, ahall operate to release, d~scharge, modify change or afiect the original liau~i~ty of the MORSGAGOR herein, either in whole or in part. 10. It is speuficaliy agreed that time is of the essen~e of this contract and tha~ no waiver of ,~.~y obligat~on hereunder or of the obligation s~ cured hereby shall at any time thereafter be he:d to be a waiver of the terms hereof or of the instrument secured herby. 11. In add tio~ to the forego ~~g monfh!y paym:ros of prinCpal and interest requ~red by the prom"SSOry nae secured hereby, moriga~or tovenanis j~ d agrees to pay to mo-tgagee v~ith each monrhiy pay~.,ent an add~r~enal sum esr~n:ared by mortgager to be equal to 1, 12 of the annual cost of the follow- • i A-Alt real prope.ty taxes leved or assessed ay.~~•~st rhe aboti•e descr~b~ d real estate. ~ B-Prem~u~:+s on fire and windsto:m insu-acce as here~n rcqu~red to be ca~rled cn the ~m;;roveme~ts s~tvate on the above desvibed prem~ses. j C-Premiv~ns on s~ch mo+tg;ge guaranty ir.surar ce as mo~tgagee sha~i frorr t me to time deem fit to carry on the loan secured hereby. ~ Mortgagee sha~i from time to time notify mortgagor ~n writ~ng of th? amount d~e artd payable hereunder and such sum shail there~pon be due and ~ ;,;able on the dve oate of the ~~ext month!y payment and eath successive month tnereaftcr ur.til mcrtgagee shall not~fy mortgagor of a change in wch o~nt. Such sums sFa:l be app:ied by mortgagee toward the payment of rea! property taxes, insurance prem.ums, a~id mortgage 9uaranty insurance E . •eo~iums. ~ IN ~~ITNE55 :VHEREOf, the said MORTGAGOR has hereunto set his hard and seal the day an ear firsl aforesaid. ~ Signed, Sealed and delivered_in the presente of: ` ~ ~ - ' / s~ ~ , ~ 'nnaeas B ¢1 ,q ~ ~ (seaq ~ i ~,L~ zabeth R. Ke l lo ~~aq ~ ~ ~ STATE OF FLORIDA 1 ~ ~JUNTY OF SL . Li1Cl@ j ~ ~ Before me penonally appeared Linnaeas E K@110C)[) and ~ E1 i zabe th R. Ke l loaU his wif~, to me well known and known to me to be ~ the individuals described in and who executed the foregoing instrument, and acicnowledged before me that they eaecuted the same fw the purposes ~n=rein expressed. Md the said Elizabeth R. Kelloaq ~ ..:fe of the :a~d Linnaeas E Ke 1 logp ~Po.~ a sepante•and priYate _ e.am;nation by me taken separate and apart from her sa:d husband, acAnowledged to and before me that she executed said instru~~t?R~i~Qe,lr~ and voiur?- ra~~ly and w~thout any computsion, constraiot, app~rejh~en-s,:ron, or fear of or from her said husband. : ~ WITNE55 my hand and official seal this r~- day of } ~ a fl• 19~' ~2 ' . ~ ~ I _ C_.(_ ~ ~ ~ . : = ~ = otary PubGc in and for the Sta oF Fl~r"d dt Lai~e : , My Commission expires: ' ~ ~ ~ ~ _ : Rerum To: / .7S %'~~~r~/-='Y~~ ~ - first Federal Savings a Loan Associanon ~ M j ;~i~" of Fo,t P~,; ~P. f lE0 AND FiECOR0E0 Z.• , S~.IUCIE vOUMTY FLA. „ ~p~c .a Fort vaz-r~e. F!~.~aa ROGEi~ PrITRAS ~ ~ ~ ~ • .S y ,a " r; •j~~ CLERK C~~~CUIt COURT ~"M,` PECOR~ VE~1F~~~~-~---- - ujA~ This Instrument Prepared By J. H. Roberts, ~?.1` Il 14 PM ~~2 First Federal Savings 8~ loan Association ;~4~10'7 of Fort Pierce, F loz i da • ~~v ~ -SL ~ Checked By _s~ ~ ~ ~ ~ ~ e R ZO~ vACE ~W ` b00h l ~ ~ _ w~ r_-r • ^n'~~=T~''u~~~