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To place and con~inuo~sly keep on the bui:dings now or herrafter ~~tuate ~n sa~d land and on at; equipmrnt and personally coverzd by this marig- ege, with all prem~ums thereon pa•d in fu~~, fre insurance in iha usual standard po'~cy form, in a sum approvad by the MOR~G :GEE, and vv:nds~oi~n ~niurance in the us~al s+anda.d pof~cy form, in a suin approvrd by the MORTGAGfE, in svch co+npany or companirs as ~he MORiGAGEE may d~rect; and all fire a~d w:nds~orm inswance Fol~c:es en any et sa~d bu~~d~ngs, any imerest rhere~n or par~ thereof, in the aggregate sum aioresa~d or in excess thereof, shail contain ~he usual srandard mor~gagre ciause a such othcr clause as the Mwryayea may requ~re, mak;ng tha ioss undrr so~d po~i- das, each and every, payable to se~d AIJRTGAGEE as ~ts mrerrst may appear, and each and eve~y such po:~cy shall be promp~iY asa gned a~~d de~~.•ar~d ~o any he!d by sa~d MORTGAGEE as furt~er sec~rity ~o said n:ortgage debb and, not lesa than len (10) days in adrance oi the exp~~at~on of each pol~cy, to de- liver to said MORTGAGEE a renewal thereof, together with a rece~pl for the premium oi such re~ewal; and thrre shail be ~w f,re o~ w.~~dsio~+n i~wronce plated on any of said buildings, any interest /here~n or part thereof, unless in the form and wifh 1he loss pa~abie as aforesaid; and in ~he event any sum of money txcanet payable ~ndrr wch polfcy or pol~c~es sa~d MORiGAGfE :hall have +he opr~un to rece~ve and apply ihe sa~ne on ac:o~m of the i+~d~•~~~~d- ness secured hereby or ro perm~t sa~d MORTGAGORS to receive and usr it w any pare The:cui tor o~n~•~ p~r~;,a.~s, .•,•~hu.;r ~hr..:, :7 ::r ra~~- ing any equ~ty, Ifen or righl under o~ by vinue ot this mortgage; and in ~he event sa~d MORTGAGORS sha? for any reason Fail to kren the sa~d prem~s~~s so insured, or fail to deliver prompt~y a~y of said poGcies o1 insura~xe to sa~d MORTGAGfE, w fa~: promptly to pay fuily any premw~n iherefor or ~n a~y rospea fail to perform, dncha~gr, exewtr, effect, compie~e, comply wiih and ab~de by this wve~an~, o. any p.~~t he~eof, sa+d NtC~Ri~ aGEE ma~ p~ace a„o pay fw such insurance or any part ihereof without waiving or affecting any option, lien, equ~~y, or r~gh~ undrr or by v~rtue of this tAo~tgage, and ihe full amo~nt of each and every suth paymznt shall be immediately due and payable and shall bear interest from the date thereof u~~tif paid at the rate ol n~ne per centum per annum and tu~ethar wifh such inrerest shah be sec~red by 1he Iien of this mortgage. To permir, commit a wi(er no waste, impairment or deteriorahon of sa~d propert~ a any part thereof. 5. To pay alt and singular the costs, charge~ and expenses, incfu~~~sg a reasonable anorney's fee and costs of abstra~ts o( t~tiz, incurred or paid at any time by said MORTGAGEE, beca~se or in the event of the fa~ture on ~he part of the sa~d MORTGAGOR to duly, pron,prly and f~tly pe~form, d~scharqe. ~xecute, effect, complete, comply w~th and ab:de by each and every the st~pulanons, agreemems, conditions, and covenanrs of said prornl;sory note and +h~s rnortgage any or ei~her, and said costs, chargrs and expe~ses, eath and every, shall be immrdiafely due and payable; whe~her or not thrre be not~ce da mand, attempt to colied w suit pend~ng; arxl the full amount of each and every s~ch payment shall bea~ interest fiom the date thereof uroil paid at the ~_~!e oE nine per crntvm p~r annu:n; on~ ail sa~d costs, tharges and eaptnses incurred or paid, together w~th such intz~est, shall be secured by the i~tn of th~s mortgM)e. 6. That (a) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, or ;b) in the event any of sa:d sums of money herein referred to be not pranptly and fully pa~d within th~rty (301 days next afrer the same severa!ty 6ecome due and payable, wi~hout demand or no~ice. or (c) in the event each and every the stipu:ations, agreements, cond~tions and covenants of sa.d promissory note and th;s mortgage any or either are no1 iuty, promptly and fully performed, d~scharged, executrd, eifected, completed, compl~ed with and ab~ded 5y, then in e~ther or any such event the w~d ag giegate sum menhoned in said promissory note then remaining ~npaid, with interest accrued, and atl moneys secured hereby, shall becume due and pay abie forthwith, or thereafter, at the opf~on ot said MORTGAG~E, as fully and compte~ety as il all of the sa~d svms of money .vere or~g~na:Iy snp~:ated to be pa:d en wch day, anything in sa d prom~isory note or in this Mwtgage to the tontrary nuhrithstanding; and there~pon or thereafte~ at the ap~~on of sn;d MORTGAGEE, without not~ce or demand, suit at law or in equity, therefore or thereaftrr beg~n, may be prosecu•ed as if all moneys secured hereby r,ad maturcd pnor to ~ts inst~turion. 7. That in the event that at 2he beqinn:ng of w at any time pending a~y su~t upon this Mcrtgage, or to fwedose it, o~ to referm it, or to enforce F,ayment of any daims here~rider, sa~d MORTGAGEE shall apply to the Cou.t hav~ng junsd~cr.on thereof for the apHOmtmeM of a Receiver, such Court shail fcr.hwith appoint a receive~ of said mortgaged property all and singular, indud ng a{t az~d s~nyular the irtcome, prof~ts, issues and ~evenues from wh3tever seurce derived, each s~d every o`. wh~ch, it befng expressly ~nderstood, is her~by mor~gaged as if spec.(icaity set forth and described in the graniing a~d habendum cla~ses hereof, and such Receiver ahall have all the broad and effecr~ve funct,ons and powers in anyw~se entr~sted by a Cou~? to a Recr~.er, and s..ch appointment shal! be made by such Cou~t as an admitted eq~ity and a matter of absolure right to sa~d MORTGAGEE, a~d wi~hout reFerence to the adequacy or inadeqvacy of the va!ve of the property mortgaged or to the so:vency or ~nsoivency of sa~d MORiGAGOR or the detendants, and ~hat such re~+s, profits, irxome, issues and revenues shall be app+ied by svch Recriver ac:urd~~ig to the lie~ or equity of sa~d MORTGAGEE and the praUice of such Co~rt. S. To du~y, prorr~ptly and fully perform, d~scharge, execute, effect, comp:ete: comply w~th and ab~de by each and every the stipuiations, agreements, conditions and covenants ~n sa~d promissory nore and this mortgage set forth. 9_ That in the evezt the ownership of the mortgaged prem~ses, or any part thereof, becomes vested in a person other than ~the MORiGAGOR, the MORTGAGEE, its wccesso+s ar.d ass~gns, may, without no~~ce to the AM1ORTG~+OR, deal wnh wth successor or wccessw in interest with ~efere~ce to the~ rro•rgage and rhe debt hrreby secured in the same manner as w~th 1Jlortgagor withvut in any way vit:ating or d~scharging the Mortgagori liability here- ;,nder or upon the debt hereby sec~red. No s3!e of the prem~ses hereby mortaaged and ~o forbearance on the part of ~he MORTGAGtE or its suc<essors e. assigns and no exrens~on of the rirr.e !or rhe payment of the debr h~reb~ sec~red given by the INORTGAGEE or its successors or ass:gns, ahall operate io release, d~scharge, modify change or af(ect the or~g;nal I~ab~iny of the MORTGAGOR herein, e~ther in whole or in pait. 10_ It is specific~lly agreed that time is of the esse~ce of this contract and that no waiver of any ob~igat~on hereunder w of the obtigation se- c~~red hereby shall at any time rhereafter be he:d 1o be a waiver of the ttrms hereai or of the instrument secured herby. 1). In add~t~o~ to the Fo+ego:ng month!y payments of pnnc pal and interest requ~red by the prom~sscry no!e secu.ed hereby, mortgagor covenants er.d agrees to pay to n:ortyagee v~ith each ~ncn+h y payr,:ent an add~iionai sum est:a~ared by mortgager to be equal to 1. 12 of the annua! cost of the iotlow- ~n~: A-All real property taxrs levf~a or assessed aga~•is! thc aoove desc~ibed real esrare. B-Premiums on fire and windstor,n ~nw~ar.ce as here~n requ:.ed to be carried on the ~mprovemenrs situate on the above descr~bed premises.~ C-Prem~u~r.s on wch mortgage g~arartcy insvra~ ce as mo~tgagee sha~l f:e:n t.me to ti=nc deem iit to carry o~ the loan secured hereby. Mortgagce sh,~l from ~~:ne to ti~-e nc+~fy mortgagor in writing of ihe a~rou~t due and payable hereundar and such suvi sha;l there~Hwn be due and ~ :;y~ble on the due oa?e of the nex! m.onth:~ pa7meN and each suaesiive month tnereaiter unti~ mortgagee shall nonfy mortgagor of a change in such ~ ovnt. S~ch surns s~~a.l be appued by mortgag~e to+~ard tne payment of real property taxes, insura.ue p~em:ums, and rnortgage guaranty insurance k ~remium3. . IY ~YITNESS Y:HEREOF, the sa~d MORTGAGQ2 has hereunto set his ha~~d and seal the day and~ r first aforesaid. ( ` gned, Sealed and deliyssed in 1he presence of: i ; \ i ~ Seal) f ` i-- te n Gre oire _ c~aq ~ ° cseaq _ ~ ~ 'Z"~~-- (Seal? ~ Eunice B. Gregoire~ ~ S~:.SE OF fIORIDA < ~ u. ~ COUNTY OF SL . L11Cle 1 ~ Beiwe me perwnally appeared and R Eunice Gre oire ~ _ • 9 his wife, to me well known and kna~vn to me to be the individuals described in and who executed the fwegoing instrument, and acknow(edged before me that they executed the same for the purposes i Eunice B. Gregoire ~ r^erein expressed. A~d the said__ ~ ~ N,re of the said Stephen Gzegoire upon a separate and privare ~ _•arn~nat~on by rne ta4e~ sepa~ate and apart from her sa~d husband, ackrawledged to and beforo me that she executed sa~d inyttvrws~t frealy'and volun- ` !ar~!y and w~thout any coTp~ls+on, constraint, apprehGns~o or fear of w from her said husband. ~ ~ ~ry~ J ~ ` ~.1`.z l~ f~ ~ WIThESS my hand and official seal th~s_ - day of ` j; t R. D:t)9~. ~ _ ` ~ ' ,-f , ~ • ~ i_tl% , ' ~ - Notary Pub1;c in end fbr •1lfe ~State of Florida at Large ~ My Commission eapi~s= ' ~ ~ • - ~ _ Return To: ~ ' - First Federal Savings 3 Loan Associatio~ ; , r 17 Of ~ort P erce. r• - Fe•r P,erce. EIo.•..ia fIlEO AND REC~E~ sT. wc~E cour~t u?:-,,, • = :-9 ROCER ~~~TR~S ' ;s CIERK C13CUiT COURT This Instrument Prepared By RiChd~Cd K. ~?yes RECORD YE~~~'EO `°y Fi~st Federal Savings & Loan Asscciation ~ 8 9 3a AM s; of Fort Pierce ~ Florida e< Checked By ~ 24Sns~ v BGO~ ~V9 ?A~f ~.ic?~ , - ~ _ < ~ at3~ - _ _,,=~~.~~~s ~ - - • ~