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To place and continuously keep on the bui!d~ngs now or hereaite? ~ituate on said ~and and on al~ equipment and peraonaS4y covered by this mortg- ege, with all premiums thercon pa~d in fuli, (ire insurance in the u~ual ~tandard pofity form, in a ~um epproved by Ihe MORiGAGEE, and windsto~m insu~ance in ~he us~al slandard po~icy form, in a sum approved by the MORTGAGEf, in tuch tompany or tompan~ei ss the MORiGAGEE may d~recl; a:~d all /ire ar.d winds~orm insura~ce poliues on any of seid buildings, any infe~esl therCin o~ parl thareof, in the aggrsgs~e ~um aiwsiaid w in txcess Ihereof, sAall con~ain the usval s~andard matgayes clause o~ such o+har clause +s tha Mw~pagee may requ~rs, making tl~ lois undr~ ta~d poli~ urs, each and every, psyable ro said A10RTGAGEE si its interc~t may appea~, u+d eath and every such pot~cy shall be promptly ais gned and del~verrd ~o any held by sa~d MORTGAGEE ss further security to said mortgage debL and, nol les~ than ten (10) dayi in advance o~ ~he expirat~on of each policy, ~o de- ? liver to seid MORTGAGEE a renewal thereof, together with a receipt fw ~he p?smium of such renewal; and there shall be no i~re or windstorm ins~rance placed on any of said buildings, •ny interest therein w parl thereot, unlasa in ~he form ~nd with the ~ou payable at aioresaid; sr+d in tht evenl any sum of money becames payable under iuch policy or pol~cies taid MORTGAGEE sAall have the opt~on to receive and apply the same on account ot ihe indebrrd- neu secwed hereby w to perrnit said MORTGAGORS to reteive snd u~e it or any part thereof for o:6e~ purposes, w~~hout ~h_r~b~ .vai~~~~~ o~ u~~pa~~- ing any equity, l;en w r~9ht under w by virtw of this mo:igags; and in the event ta~d MORTGAGORS shsll fa any ~eason fail to keep the sa~d prem~ses sa insured, or fail f0 detiver promptly any of said po~icies o1 insurante to taid MORTGAGEE, w iail promptly fo pay fully any pre~ni~m therefa or in a~y re~pect fail ro perfwm, d~scharge, execute, effect, complete, comp~y with ~nd abide by this cove~ant, or any part hereof, sa~d MURTGAGEE may place and pay fw such inaurance o~ any part thercof without w~iving w alfectin~ any option, lien, equity, or right under or by virtue of this Mortgage, and the fvll amount of each and every such payment ~hall be immediately due and payable and ihall bear interest from the date thcreof u~fil paid at tha rate ol n~ne per ce~tum per annwn and to~ether with such interest shall be secured by the tien of this mortgage. 1. To permit, mmmit or suffer no waste, impairment or deteraration of said prope+ty or any part thereof. S. 7., pay all and singular the cosn, chsrges and expenses, including a?easonable attorney i ies and costs of abstracts of title, incvrred or pafd at any time by said MORTGAG'.E, because w in the event ot the failure on the part of the ~aid MORTGA('iOR to duly, promptly and fully perfwm, d~sche~ge. execute, efied, complete, comply with and ab~de by each and every the stipulat~o~s, agreements, conditions, and covenants of seid pron++ssory note and ~hii ,~,ortgage any w either, and u~d casts, charges and expenses, esch and eve~y, sha~l be immediately dve and payabte; whethe~ w not there be norice dr mand, at?empt to collect a suit pend~ng; and the full artauM of each ard every such paymem shall bear interest from the date thereof until paid d the r,,re of nine per centum per annum; and all said costs, charges and expenus incurred or paid, together with such iNerest, shall ba tecured_by 1he ~~en of this mortgays. 6. Thal (a) in the eveM of any breach of thii Mortgage or defaulr on the part of the MORTGAGOR, or (b) in the event any of sald sums of money herein referred to be not promptly and fully paid within thirty (30) days nexl after the same severally become due and payable, wi~hout demand or notice, or (c) in the event each and every fhe stiputatio~s, agreements, conditions and covenanta of sa:d promissory note a~d th~s morsgsge any w either are no~ ~~ly, promptly and fulty performed, d~uharged, executed, effected, completed, complied with and abided by, then in either w any such event the sa~d ag gregate sum mentioned in said promisswy note then remaining unpaid, with interest accrued, and all moneys secured hereby, ahall become due a~d pay- ~ able forth~vith, w thereafter, at the option of said MORTGAGEE, as fully and complNety as if all of the said sums of money were wiginally st~putated ~ to be pa~d on such day, anything in sa~d promiuwy note or in this Mortgage to the contrary notwifh:rand~ng; and thereupon w thereafte~ a~ ~he op~ion of sa~d MORTGAGEE, witha~t notice or demand, suit at law w in equity, therefore w thereafter begun, may be prosecuted as if all moneyt secured hereby had matured pnor ro its institution. 7. That in the event that at the be9inning of w at any time pending any suit upon this Mortgage, or to fweclose it, or to refwm it, o? to enforce payment of any daims he~eunder, said MORTGAGEE shall apply to the Cou~1 having jurisdic~ion thereof {w 1he appointment of a Reteivrr, such Court shall for~hwith appoint a receiver of uid mwtgaged property all and singul~r, i~+clud~ng alt and singular the i~come, profits, iuves and revenues irom whatever : source derived, each and every of whKh, it being ~xpressly understood, is hx~eby mortgaged as if apeulically set fo~th and deuribed in the g~anting a~d i habendum clauses hereof, and such Receive~ shall ha+e all the broad and effeuive funct~ons and powers in anywise ent~usted by a Court to a Receiver, and i s:,ch appoinrment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, •nd wi~hout reference to the ~ adequacy o? inadeq~acy of the value of the property mortgaged w to the sotvency or insolvency of said MORTGAGOR a?he defendants, and that such ; re~rs, proFits, incane, iuues and revenues shall be applied by iuch Receiver according to the lien or equity o~ said MORTGAGEE and the practice of such # Court. i t 8. To duly, promptty and fully perform, discharge, execute, effect, mmplete, comply w~th and abide by each and every the stipulations, agreements, canditions and covenants in sa~d promissory note and this mortgage set fwth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person othe? ihan the MORTGAGOR, the R?GAGEE, its successors anc; assigns, may, witho~t notice to the MORTGAOR, deal with such successw or successor in interest with reference to this n~.or~gage and the debt hereby secured in the same manner as with N4xtgagw without in any way vitiating w distharging the Martgagors' liability here~ ~nder or upon the debf hereby sxured. No sa:e of the premises hereby mortgaged and no forbearance on the part of the MORiGAGEE or its successors or ass~gns and no extension of the time !cr the payment of the deb+ hereby secured given by ~he MORiGAGEE or its successws a au~gns, .hall operate ~o release, distharge, modify ciwnge or affect the original liability of the MORTGAGOR herein, either in whole w in part. i 10. It is specifically a9reed that time is of the esxnce of this contract and that r+o waiver of any obligation hereunder w of the obligation se- ~ r.~red hereby shalt at any time thereafte? be held to be a waiver of t~ terms hereof or of the instrument secu?ed herby. h Il. In add;~~on to the forego:ng monthly payments of princ'pal and interest required by the p?omissory note secured here~y, mortgagor covenants and ag~ees to pay to mongagee v~ith each mo~thly payrne~t an addirional sum est~mared by mortgagee to be eGual to 1,' 12 of the ~nnual tost of the follow- ~ng: A-Atl real property taxes levied or assessed agai~st the above descriyed real estate. ~ B-Premlums on fire and windstorm insurar.ce as here~n requ~red to be carried on the improveme~ls situate on the above described premises. C-Premiums on such mortgage guaranty ir.surar~ce as mo~tgagee shal~ from time to time deem fit to carry on the ban secured hereby. ~ Mortgagee shall from t~me to t~me norify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and ~ r.ayable on the due ciate of the next month!y payment and each successive monrh thereafter ur,til mortgagee shal) notify mortgagor of a change in such f a•~:oum. Such sums st:ai! be appiied by mwtgagee toward the payment of real property taxes, insurance prem;ums, a~xl mafgage guaran~y insurance ~ premiums_ ~ IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and~r first aforesaid. ; e igrted, Scated and de~ivered in the presence of - s ~ 1 a a~~ : ~ B V ' (Seaq ~ ~ ' (Seal) ~ ~ Gertrude Stokes ~s~,q ~ - ~ ~ ~ ~ STATE OF FLORIDA ~ i ~ St. Lucie ~ - . ; COUNTY OF I ~ Befwe me perwnally appeared B11Qel16 Stokes and i ¢ Gertrude ~OIC@S his wife, to me well known and known to me to be ~ the individuals described in and who executed the foregang instrument, and acknowledged before me that they executed the same fw the purposes : ~ aherein expressed. And the said Gertrude StO1C@S i w~fe of the said BuQ~1e V• StOkes upot+ a~iEpqrat~ and p~ivate ~ ~ examination by me taken separate and apari from her said husband, atkrawledged to and before me tFwt she executed said,'v+sVU(!~ent fre5ly and vo~un- i ~ rarily and without any compul:ion, constraint, apprehension, or fear of or from r said hu:band. _ ' ' ; ~ ~ WITNESS my hand and official seal this ~ 1-{ r-- day o1~ J~~r •A.'D. 19-~ ; ~ z ~ ~ - . 1 i Notary Public in and fw thi State o florida at'Large ' My Commiuion expires: ' ' • ` ' • ~ ':i Return To: . NUI PUliIIG, S1Ai~ 14~0R~DA at IARGE First Federal Savings b loan Association MY b~fPIR6S SEPT. 25, 1915 ~,s, Of Fort P+erte. BOIIQEd ~kCf8 (fISUfJtltB a Fort Pizrce, florida fItEO ANd kECORDED This Instrument Prepared By J. H. Roberts ~ JZ. 'ST_ ~UCIE COUMTr f~A. ~ ROCER P~ITRAS r~ First Federal Savings & Loan Association CLERK Cl~CU1T COURT L\ ~ayi ~ of Fort Pierce , Flo= ida RECORD VE~tF1E0 r _ Checked By 1:~" 'O 24 ~,~'3 - y=; z4s~so aQ~~210 ~~~E 34 ~ ~ C a ~ ~ t ~ ' a ~ ~v'`~'~'-;~ ?s.._.._i~-~"--~,+.~`-ti..~_.~"r.~,_w ~~_„r._~t--'`"~'~z`