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To piace and conrinuously keep an the bui:d~nga noH or herraf~e. e~tuate on sa~d land a~d on alt rq..~pmeN dr.d pe~son~ily co~ered by th~s mwtg- ege, wrth sll prenu~ms ~hereon pa,d ~n full, fhe inwrance m ihe ~sual sfanda~d pot~cy form, in a sum appro~ed by rhr h10R~GaGEE, a~~d w~nJs~orm insurance in the usual standard pol~cy lorm, in a sum appro~ed by the MORTGAGEE, in tuth tompany or compames aa the MORTGAGfE may d~rect; and all ine and w~~dsiorm in~urance policiri on any of said build~~+gs, any inttrest there~n o~ part thereof, in ~he ag9~zga~e sum aforosa~d w in excess thrreof, ihett :ontain the usual standard morrgagee clavse w such aher c:auu as the Mo+iflagee may req~~ro, ma?i~,g ~he ~oss undrr •~~d po~i- clrs, each and every, paiable to said hIORTGAGEE as irs interes~ may appaar, and each and every wch poi~cy shall be p~omptly ass g~~rd and dr~~~ered ~o eny held by sa~d h10RiGAl,t! as iu~tner s_cun~y ~o sa~ti n~ur~yeyr uni.c, e~~d, ~wt :~sa 'c•^• :T.^2 ~=Y= ~~'N P'n~~at~on of each pol~cy, to dr Gver ~o said MORTGAGEE a renewal thereof, together with a receipt for the premium of such re~ewal; and ihere ahail br no f~re cr w~~~ds~o:m inswance placed on any of said buildings, any interes? Ihere~n o~ part the+eof, unless in the form and w~th the loss payabte as afo~esaid; and in ~he event any s~m of money becomes payab!e under such policy o~ poGcias said MORTGAl3EE s~~ail have ~I~e oHt~on ta rec.::~:e a::d app~Y the sa~~~e on account oi tha iudeotrd- ness sewred hereby or to permif said MORTGAGORS to receive ar.d use it w any part ~hetaol tor osi~•~~ ~;~~FOSrs. .•.:iho~t ~h,•..,~ ~r r..~~- ~ng any eqv~ty, Gen w r~ght under or by virwe of th~s mo:rga~e; and in the evero sa:d MORTGAGORS shall for any reason fail to krep ~he sa~d pre~,~~sas so ~nsured, u fail ro dzliver promp?ly any of said poGties of insurance to sa~d MORTGAGEE, or fa~! prompUy to pay fully any premw~n iher..~for or in a~y respect (ail to pe~form, d~scharge, eYecute, e«ect, comple~e, comply wi~h and abide by this c.~venant, a any part hr~eof, sa~d MuRTGaGEE may p~ace a~~d pay for such insuranca o: any part thereof without waiving w affecting any option, lien, equny, or ~ighr under o~ by vurue of ~h~s Mo~tgege, and the tu~! amoum of each snd every such paymem shall be immed~ately due and payable and ahall brar intere~t from tha date theieoi unt~t pa~d at the ra~e ol _ ~nt_••• re• ann~~n a~d to~ethar wiih svch inrerest shal~ be sacured by the lien of th~s mortgaae. d. To permif, commit or suffer no waste, impairnxnt or deterioration of said p~operty or any part thereof. S. To pay all and singula~ the costs, charges and expenses, ~nciudi~g a reasonable attorney'i fee and costs of abs+racts ~f title, incur~ed or pa.d at any time by sa~d MORTGAGEE, beca~se or in the cve~t of the failure o~ Ihe part of ~he said MORTGAGOR to duly, promptly and futly perfo~m, d~scharge. ,xetute, effed, can~tete, comply w~th a~d ab'de by each and eve~y the stipulat~ons, agree~nents, conditions, and covenanrs ot said promissory note and this -nortgage any w either, and said costs, charges and expe~ses, each and every, shall be immed~ately due and payable; whether w not thrre br ~ot~ca dr mand, attemp~ to collect w suit pend~ng; and the ~ull amoum of each and every wch payment shall bear imer~s~ from the da~e thereof unril pa~d at ~he r: re oi nine per cenf~m per annu:n; anc' all said costs, charges and expenses ~nturred or paid, together wdh such interest, shelt be secured by ahe lien of thif mortgage. 6. ihat (a) in the event of any breach of thia Mortgage or detault on the part of the MORTGAGOR, or (b) in the eveM any of sa'd sums of money herein referred to be not prompny and lully paid wiihio thuty ~30) days next aiter the same seve~atiy become due and paya~le, w~rhou~ de~nand or notice. or tc) in the evem each and every the stipu:at~ons, agreements, cond~tions and covenants of sa,d pro~nissory note and th~s mortgage any or enher are not 1uly, p~omptly and f~tly performed, d schaigrd, eaecuted, effected, comp:eted, compGed with and abided Sy, then in enher w any such even~ the sa~d sg ~regate sum mennoned +n said prom~sswy note then ~emaining unpa~d, with interest accrued, and a11 ~noneys secured hereby, shall become due and pay a~,e forthw~th, or ~hereafter, at the opr~on of said MORTGAGEE, as fully and comple~ely as if all of the sa~d sums of money were onginatly st~puiated to be pa~d on such day, anything in sa:d p~orn~ssory note or in this Mwtgage to the contrary nor.v~thstartd+rg; and thereupon or 1FKreefter at the opt,on of s-~d MORTGAGEE, w~~hout nonce or demand, suit at Iaw or in eqwty, the~efore o~ thereafter begun, may be ~rosrcuted as if all moneys secured hereby n~d maWred pnor to AS inst~tut~on_ 7_ That in Ihe event that at the beginn~ng of or al any time pending any su~t upon this Mortgage, or to fweclose it, or to ?eform it, or to enforce payment of any cla~ms hereunder, said MORTGAGEE shail apply to the Court having jurisd:ction thereof for the appointmenl of a Rrtaiver, such Couit shaii !c:shw+th ar;.oe::! a receiva~ of said mor!gaged property all and singular, includ~ng a~l and s~nguiar the income, profas, issues and revenves from whatever s: u~ce der:ved, each and every of wh~ch, it being expressly unde~stoed, is hereby moitgaged as if spec~ficaily set for~h and drscribrd in the grant~ng ar.d h.3bendvm cla~ses hereof, and :uch Receiver shall have afl the broad and effective f~nct,ons and powers in anyw~se emrusted by a Cou~t to a Recaiver, acd s. ch appoinrmenr shall be made by such Court as an admitted equity and a matter of absolute r~ght to sa;d MORiGAGEE, and without re(erence to the aceqv3cy w inadequacy of the va~ue of the property mor~gaged or to the so~vency or insolvency of sa~d MORiGAGOR a the defe~~dams, and rhat such _ r~~,:s, proffts, income, issues and revenues shall be applied by such Receiver accorduig ~o the lien or equity of said MORTGAGEE and the pra.t~ce of such Court. 8. To dulv, promptly and fully perform, discharge, execute, e;~ect, complete, comply w~th and abide by each and every the stipu~at~ons, agreements, ;ondit~ons and covenann in sa~d promissory note and thls mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a perwn other than the MORIGAGOR, the ~RTGAGEE, its successors and ass~gns, may, without notice to the MORTGAOR, dral w~th svch successor or successor in enterest wirn reference to this ~ o•ryage and ~he d_bt hereby setured in the same manner as w~th b!or~gagor w~thoot in any way vit:a~ing w d~scharg~ng rne F+ia:iyay~~i ~~o~~~ity here _~,der or upon the dzbt htreby sec~red. No sale of the Fremises hereby mortgaqed and no Forbearan~e on fhe pan ot Ihe MORTGAGEE or its wccessors cr ass~gns and no exters~on of the time fo~ the payment of the debr hereby secured g~ven by ~he MOR7GAGEE or its successws or ass~9ns, a~~all operate ro re!ease, d,scharge, mod~fy change or afFect the oriq~nal liab~{,ty of the MORTGAGOR herein, either in whole or in part. 10. it is spec~fically agreed that t~me ir of the essence of this cont~act and that no waiver of any obl~gat~on hereunder or of the obligation se- c.,~red hereby sfiaii af any time thereafter be held to be a wmver of the terms hereof o~ of the instrument secwed herby. 1 L In a:id.t:on to tfie farego ng r-,onth'y payments of prfnc Fal and imerest ~equ~red by the prom ssory no!e sewred hereby, mortgagor eovenants d agrees ro pay ro r:or+gagee v+,ah each n~.onrh!y pay~::ent an add~~ionat sum esr:,,ated by mortgagee to be equal ro 1; 12 of the nn.iual cesr of the fotiow- 3: A-Afl ~eal property taxes ~evw~ or asszssed agai~st the aboye described real estate. 'i B-Fr~n:~~os on fire and wirdsro~m insuraece az herein requ:red to be co*ried on the :mproveme~ts s~tuate on th~ above d^stribed premises. i - C-PIB1i'N.T•S on such mortg,ge guar3nty ~r.sura~.ce as matgagee shail frcm t:me to time deem fit to carry on the loan secured.he~ebr- i Morfgagee shail f.om rme to t~~ne no~ify mortgagcr in wrinng of the amouot due and payable hereunder and such sum sfia:1 t~elqypo~ be due and ; .~,ab!e on th.r due aare oi ~he neat mon~hly payment and each successive month thereafr~r u~.ti1 mo+tgagee shall nonfy mortgaqur of`'a.'c4tqQge in such j e ~unt. Svch SJ:TIS sha:f be ap~,:~ed by mortg33~e ~owa.d ihe paymeni of rea! proper~y taxes, insurance prem.ums, and~~ rriortgage guarahly.~ ir?sa~ance ~ : •emiums. : .-1 ` f - !Y Y~ITNESS YIHEREOF, the said MORTGAGOR has hereunto set his hard and seal the day and year first aforesa'.il.~ C" i '~~ned: Sealed a~d d tivered in the presente or: F~~EO Al~D RECOROEO ~ ~ T'~aA~E~ INC • ~ ST.lUC1E COUNTY fU. gy. - ~ ap r , ~ . , . , , , ROCER PO~TRAS W~ 1 iam A. . ~~o ! Pres t ~ CIERt Ctn~~iT COURT ~ ~ } - ~ - RfCCR~VE'•t~'EO~.~•-nTTEST•''' . - (Sea1) - Verna L. nde spn, ec reta r~ya~~ ~ p~cZ~ 12 ~sPH'~Z - ~ ~ , 244112 - . ~ ~TAtE OF FIORfDA f~ COUNTY OF ST. LUCIE ~ ~F~ ~ I HEREBY CERTIFY, That on tlS~s _ 14th __day of____.____-_ ~cember__ A.D. 19 72 , ~ before me personally appeared William A. Anderson and Verna L. Anderson _ x _ Secretar - of = respectively President and - - - Y << Flor ida :'lmerican Homes and Mortgage, _ Inc . _ a _ _ _ _ _ Corporation, to me known to be the persons described in and who executed the foregoing instrument, and severally acknowledged the exe- cution thereof to be their free a:t and dee~~-' as such officers for the uses and pur~oses therein mentioned; a~d that they ' affixed thereto the official seal of said corporat;on, and the said instrument is the act and deed"o~~~sAid co~poration. 'vVITNE~S my hand and official seal at Fort Pierce ~t •_''U'`'j~ said county and state: : This instru~ent prepared by ` " : John W. Cot lins ~ ' ; ~ ` . _ ~irsi Federal Savings and Loan Notary Publ~c, in and for State and Co " ~foresatl- •~ssociation of Fort PierCe My Commission Expi:es: NpTBttY,PUBUC,STAtEo~FLORIDA~tLARGE MY Cdb61ibSj~11 Ex~RES SEPT. 25, 1975 u~ Bonded By Ahi~ncan BanKen fnsurance Co. Checked By r: rF x-; - ~ e~~209 ~ 739 :p ~ _ ~ _ ; : - : : . - ~ ~:v r . . ~-s~:~"`~'*?-~..~e