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To place a~d cont~nuously keep on tiie bui!d~~~~ now o~ hereefter s~t~ate on ea+d land and on all equ~pment and pe~sonally covered by ~r~is mor~g~ egs, wi~h sll premiun~s thercon pa~d in 1utl, fre ins~rance ~n the usual srandard policy form, in a svm approved by the A~OR:GAGEE, end winds~wm insur~nce in Ihe usual standard pol~cy ionn, in a sum ~pproved by the MORTGAGEE, in such company o~ compart:es ~s the MORTGAGEE may d~rec?; and all (ire and w~ndstorm insurortce poticies on any o1 said build~ngs, any imereat ~herei~ or pa.t thereof, in the agg~ega~e sum aFaesaid w in eacess thereof, sMll contaio the usual s~andard ma~gagee clause w such o~her dause a~ fhe Mortgagee may requ~rs, mak~ng the toss undrr aa~d po~~ des, each and eve~y, payable ro sa~d MORTGAGfE as ~ts ~nrerest msy appear, and each and eve,y such poltcy ahall be promptly a~s g~~ed and del~vered ~o any held by sa~d MORiGAGEE as lu~the~ security to said mortgage debt, and, npt less than ten (10) days in adva~xe of ~he expiration o~ each pol~cy, to dr ~~~er to sa~d MORTGAGEE s~enewal ~hereof, toge~her wi!h a rece~pf fw t!w_ premium of iuch re~ewat; and thrra s~all be no fLe o. w]ndi~o~~n insuro~ce p~aced on a~y of sa'+d buildings, any intcrest therein w part thereof, unfess io the form and with ~he loss payable as aforesaid; and in the event any sum of money becomes payabte uoder wch policy w polici~s said MORTGAGEE shall hsve the opt~o~ to receive aiul apply the same on account of thz indebeed ness ie~i r~t! he~eby or to permit said MORiGAGORS to receive and uss i! or any pa~f thrrcol tor oti~cr puryoses, v,~~ho~t th o~ ~va~~i.i3 0+ r~~poir• ing any equity, lien or right unde~ or by virtue of this mo:egage; and in the event ta~d MORTGAGORS shall (w any reason fail to keep ~he sa~d premises so insured, a(ail to deliver promptly ~ny of said pol~cies of insurance to said MORTGAGfE, or fait promprly to pay fuily any pie~n,um the~etor or in a~y +e~pect fail to pe~form, discAerge, execute, effect, complete, comply with and ab~de by this covenant, a any par~ hrreof, sa~d MORTGAGEE may place a~~d pay for such insurance or sny part thereof w~thout waiving w afFeding a~y option, lien, equay, or r~gM under a by virtue of fh~s Mo.rgage, a~d the full amouM of each and evcry wch payment shal! be imrttediately due and payabte and shall baar interest from the dat~ thereof until paid at tha rate ol n~ne pe~ centum pe~ annum and ta3ether with such inter~st shall be secured by the lien o( th+s mortgage. 4. To permit, tommit or suf(er no waste, impairment w deterioration of said property or any pa?1 Ihereof. 5. io psy all and s~ngular the costs, cha~ges and expe~ses, inclvding a reasonable attorney's fee and costs of abstracts of t~tle, incurred or pa~d at any lime by said MORTGAGEE, because o~ in the evenl of tbe iailure on the part of the said MORTGAGOR to duly, promptly and futly per(orm, d~s:harge. execute, ef~ecl, tomplete, comply w~th and ab:de by each and every the stipu!at~a~s, agreements, conditions, and covenants of said promissory note and ~his ~rortgage any w eieher, and sa~d costs, charges and expenses, each and every, shall be immed~ately due and payabie; whether a nof tnere be no~~ce de- mand, attempt to collect or suit pend~ng; and the full amount of eath and every such payme~t sha~l bear in~eres~ from the date thereof until paid a1 the r,~~z of nine per cen~um per annum; and a!1 said costs, charges and expenses incurred or pa~d, toceiher w~~h svch inreresr, shall be secured by the lien of th;~ mortgage, b. That (n) in the eveM of any breach of thii Mortgage or defautt on the part of the b'10RTGAGOR, or (b) in the event sny of sa;d surns of money fierein referred to be not pranptly and fully paid within th~rty (30) days next after the same seve~a!ly becane due and payat~te, without demand o~ norice, or (c} in the event each artd every the stipulations, agreements, cond;tions and tovenants of sa.d promissory note and th~s mortgage any w e~ther are nol iuly, prompNy and iuL'y perfwmed, d~scharged, eaecuted, eifected, compteted, compGed with and ab~ded Sy, then in e~ther or any such eveM tht sa~d ag gregate sum mentioned in said promissory note then rema~ning unpaid, with inrerest acuued, and all moneys setuied hereby, shall become due and pay- nbie forthwith, or ther~after, at the opt~on of said MORTGAGfE, as fully and compleiely as if atl of tlie said su~ns of money were or~9i~alfy st~putated to be pa~d on such day, anything in sa:d prom~story note or in this Mortgage to the contrary not.virhstand~ng; and thereupon or thereafter at the opt~on of se~d MORTGAGEf, without nofice o? demand, suit at law or in equity, therefwe or therealter begun, may be prosetuted as if all mo~eys secured hereby nad maWted pr~or to its institvtion, 7. That in the eveM that at the beginning of or at any tinx pending any suit u{.wn this Mortgage, w to foretlose iL or to reform it, or to enforce payment oi any claims hereunder, said MORTGAGEf shall apply to the Court having jurnd:cNOn thereof for the appolntment of e Receiver, such Cnurt shail forthwirh appoint a receiver of said mortgaged p~operty all arxJ singular, int~udmg alI and s~ngular the intome, pro(~ts, issues and revenues irom whateve? source derived, each and every ot which, it being expressty ~ndersiood, is hereby morrgaged as if speuficallr sef lo~th and desaibed in the graming and habendum clauses he~eof, and such Receiver shall have ail the broad and effective funct~ons and powers in anyw~se entrusted by a Cou~t to a Re:Civer, and s~ch appoimmeM shall be made by such Court as an admitted equity snd a matter of absolute nght ro said MORTGAGEE, a~d withcut refe~ence ro the adeauaq or inadequacy of the valve o(~the prope+ty mo~?gaged or to the so,vency or msoivency oi said MORifiAGOR o~ the defzndants, ar.d ~hat such rents, profits, incorne, issues and reven~es shell be applied 6y such Receiver accord~ng to the I~an w equity of said MORTGAGEE and the practice of such Court. ~ B. To duty, promptty and futty perform, a~scharqe, execute, effect, complete, comply with and abide by each and every the stipuiations, agreements, ;onditions and tovenanti in sa~d promissory~ nete and this mortgage set forth. 9. That in the event the owne~ship of the mortgaged premises, or any parl thereof, becomes vested in a per~n other than the MORTGAGOR, the h'.OR7GAGEE, its successors and ass~9ns, may, without not~ce to ~he MORTGAOR, deat with svch successor or successo~ in ;nterest with refrrence to this rr.o~fgage and the debt hereby secured in the same manner as w'eh Mortgago~ without in any way vitiating or d~schargirx~ the Mo~tgagori liability herr i ~nder or upon the debt~he~eby secu~ed. No sa~e of ~he prem~ses he~eby mortgaged and no forbearance on the part oi ~he INORTGAGfE or its succesw~s a~ assigns and no exte~sion of rhe trme [or the payment of the debt hereby secured given by the MORTGAGEE or its successo~s or ass~gns, ai:all operate ; ro release, d~scha~ge, modify ~hange or aSfect the original liab;t~ty of the MOR(GAGOR herein, either in whole or in part. 10. ~t is speuf~cally agreed that time is of the essence of this contract and that rro waiver of any obi~gation hereunder or of the obligafion se- ; cured hereby shatl at any time rhereafter be he:d to be a wa~+ea of the terms hereof or of the instrument secured herby. ~ 11. !n add.tlo~ ro the forego ng monthly paym=nts of princ pal and interest requ~red by the promissary no!e secured hereb~, mort~agor covenants ar.d agrees to pay to mo:tgagee :aith each mo~thiy pay~:lent an add~~ional sum esrmated by mo:tgagee to be equat to t. 12 of the annval cost of the follow- ~ - i In~: A-An real property taxrs leiied or ass~sseci aga~•isr the ahove desvibed real estate. B-Prem:ums on f~re and w~~dsror~n ~nw~ar,~e as ~ere;n requ:red to be carried e~ the ~m, rovements sitvate on the above d=scr~txd p~emises. C-Prem~ums on svch mort3age guaranty ir.wra~~ce as mortgagoe shall fror~! t me to time deem fit to carry on the loan secured hereby. Mor!gagee shail from time to time not~fy mortyagor fn writ~ng of the amo~nt due and payable hereunder and s~ch surn skail thereupon be due and ~.ayable on rhe due da!e of the next monthiy payment and each successive month thereafter until mortgagee shall not:fy mortgagor of a change in wth a* ouM. Such sums sha:l be app:ied by mortgagee torvard the payment of real property ta:es, insurance prem:ums, and mortgage g~aranty i~surance o~emiums. IN ~"~ITNESS WHERE , e sai MORTGA has hereunto set his har.d and seal the day an year firat atoresaid. . Sea! an deli red ' presence f: ~J~, i'' _ o (/(L:l~ C~~ ~ l.~-c jt~i~., (Seat} - (Seal) - ~(Seal) _ Maril de Mi ue ~~aq S~ATE OF FLORIDA ~ COUNTY OF St. Lucie ~ Before me penonalty ap ared _ M81' 1hR0 C~@ Ml tle~ a~ ~?~dY ~ yn de Miguel his wife, to me well known and known to me to be rhe individuals described in and who executed the foregoing i~strument, and acknowtedged before me that they executec the sart?e for tlx purposes rherein expressed. And the said Mazilyn de Mi9ue1 Jvife of the said 1?~dZ ld!!O d- M~Q11~ upon ,a sep5tste and private exam~nation by me taken separate and apart from her said h~sband, acknowledged to and before me that she executed said j~ymmt fi~e~y tind volun- rarily and w~thout any compulsion, constreint, apprehens~on q`fear of or fr her said hu~band. C~` \YITNESS my hand and offiual seal th~s_ day of `JaT~ •~.~-p ~y t ~ 73 ~ C 5 otary Publ;c ;n end or= e o~lw' a a ~largs f' = . My Commission expires: ~ ~ ) • ; 4 Retum To: . s- Fint Federal Savings b loan Assoc+af~on ; ~4 , " ' ~ . Of Forf P.erce. . fort Pierce, Flo~~da Q~ ~~~E~G{E ~Ril~t~ . ~OG~~.~o~?~~? ~i ~ &D Yf#~ii E0~ This Instrument Prepared By J. H. Roberts, Jr. First Federal Savings 8~ Loan Association ` of Fort Pierce , Florida ~i ~ Checked By % 2456s5 : ~oo~ zos ~A~E 2927 ) e