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To placs and conNnuousiy keep on the bu~~d~~~gs now o~ hereaF~er s~tuate on said Iand and on all eq~ip~nen~ and perso~ally cove~ed 6y ~his mo~tg- age, wilh all premiums thereon pa:d in full, f~re insu~ance in the usual stsndard policy form, in s sum approved by the MORlGAGEE, and w~ndstorm ~nswance in t1~e usual standa~d poAcy fo~m, in s sum approved by the MORTGAGEE, in tuch company or compan~es ai the MORTGAGEE may direcr; •nd all tire and w~ndstorm insuronce policies an any of taid build~nqs, any inlereat Iherein or part thereof, in the aggregate ium afo~e:aid o~ in exces~ Ihe~eof, ihal( cootain fhe usual srandard morrgagee tlause or iuch ahe. clavss as !he Mwtgagee may requ~re, making ~he losa under sa~d poli- c~es, each and avery, payab~e ro sa~d MORTGAGEE as ~ts interest may sppea, and each and every such poi~cy ahall be promptly ass gned a~~d delivared ~o eny held by said MORiGAGEE as (urrher secu~ity to said mortgage deb~, and, no~ less ihan ten (t0) d~ys in ad~arxe of the eapi.at+on oi each pot~cy, to dr liver to said MORTGAGEE a renewal thereof, togethei wi~h a reca~pt for the premi~m of such ~enewal; and Ihere thall be no f~re or windstorm inavrance p~aced on any of said buildirgs, any interett therein w part thareof, unle~s in the form and w~th ~he loss payable aa aforesaid; and in the eYent any sum of monQy ~cprnes payabte u~det fuch potity or po~~cief said MORTGAGEE shaU bave the opt~on to receive and apply the same on accoun? u( the indrbted- ness sec~r~d he~eby w ro permit ssid MORTGAGORS to rtceive and ~se it or any part the:eof for osner pur~~~aes, v.~thout th;~~o~ .r;,iyi,~ or unp..lr- ~~g any rqu~ty, I~en a r~gh~ under w by virtve of thia mo:!gsge; and in the event sa~d MORTGAGORS :hafl fw any reawn Ia;l to keep ~he sa~d premisas so ~nsured, or fail to del~ver p~omptly any of said polKiea o1 insurance to sa~d MORiGAGEE, or fail promptly to pay fulty any pre~n~um thcrelor o. in an~ respect fail to perfam, d~scharge, ezecurs, efiect, complete, comply wi~h aod abide by this tove~ant, w any par~ hrreof, sa~d MGRTGaGEE may pisce a~~d pa~ for such insurance or any pa.t the~eof without waiving w affecting any opt~on, lien, equ~ty, w r;ght under w by virtue of this Moregage, and the +~i{ amoun~ of each and every such paymeM shall be ~mmediately due and payabla snd shall bear interesl from the date thereof until pa~d at the ra~e ol ~~~ne per ce~tum per annum and to~ether with such interest shali be secured by the fien of this mort9age. To permit, commit or suffer no waste, impairment a deferio~etion of said property w any part thereof. ~ 5. To pay all and singvlar the costs, charges and expenses, including a reasonable attorney's fcc and cosrs of abstracts oF t~tle, incurred or pa~d a~ a~y time by sa~d MORiGAGfE, because or in the event of the fa~lure on the pa~t of the said MORTGAGOR ro duly, prompNy and fully perform, d~scharge. axecute, effecl, comptete, comply with and ab~de by each and every the stipulations, ag~ee+nents, conditions, and covenanfs of said promissory note and ~hi~ m«~gage any or e~~her, and sa~d costs, charges and expenses, euh and every, shall be immed~ately due and payab~e; whe~hrr or not the~e be no~~ce dr n,and, attempl to collect o~ :uit pend~ny; and the ful) amount of esch and every suth payment shall bear interest from the date thereof unti! pa~d at fhe ~:>ie o~ nine per crntum pzr annum; and aU said costs, charges and expenses incurred or paid, toge~her w,th such imerest, ahall be secured by the lien of thi~ mortg~e. 6. That (a) in fl,e event of any breach of this Mor~gsge or default on the part of the MORiGAGOR, w;b) in the event any of sa~d sums of money herein ~efe~~ed to be nor pranprly and fully paid wi~hfn th~rty (30) days next afte~ the same se~erally become due and payable, wi~hou~ demand a no~~ce, or (c) in the event eath and every the stipu!ations, agreementi, co~ditions and covenants of sa:d promissory note and ih~s mortgage any a either are not :uly, prompNy and futly pe~formed, d~xharged, ezecured, efFecred, completed, complied with and abided `sy, then in either w any such eveM the sa~d ag- g-egate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall become due and pay ab',e forthwith, u thereafter, at ~he option of said MORTGAGEE, as fuily and comptetely as i( at1 of the uid sums of ~money were o~~ginatly st~pulated ro be pald on such day, anything in sa;d p~om~asory note or in this Mortgage to the contrary nonvithstanding; and thereupon or theroafter a~ the ophon of s~:d MORTGAGEE, without notice or demand, suit at law w in equity, therefo~e or thereafeer begun, may be prosecuted as if all moneys secured hereby n.:d matured pnw to its institution_ 7. That in lhe event lhal af the beginn;ng of or at any time pending any suit upon this Mortgage, w to fweclose it, o~ to reform it, or to enforce ~ayment of any claims hereunder, said MORTGAGEE shail apply to the Courf having jurisd~ction Ihereof for the appo~ntment of a Receiver, such Coun shafl FcrrF,with appoint a rrceiver oi said mortgaged property all and singula~, includ~ng all and s~nqu~ar the ir.come, p.of~ts, issues and ~erenues from wha~e~er sc~,,.ce deri~ed, each a~d every of wh~ch, it being expressly unde~stood, is hereby mortgaged as if ipec~fically ut fw~h and descr~bed in the granting a~d h36endum clauses hereof, and such Receiver shall have sil the broad and effective funct~ons and powers in anywise entrusted by a Cour~ to a Receiver, and s_ch appoinrment sha?i be made by such Court as an admitted equity and a matte~ of absolute right to said MORTGAGEE, and without reference to Ihe adeq~acy w inadequacy of the valve o( the property mwtgaged or to the so+vency or insolvency of said MORiGAGOR or the defendants, a~d that such re~~n, profits, income, issves and revenues shall be applied by such Rece~ver according to the tien or equity o( sa;d MORIGAGEE and the prau~ce of such CouA. 8. To duly, promptly and fully peiform, discharge, execute, effect, complete, comply with and abide by eacA and every the stipufaiions, ag~~..~~ents, :~r,difions and covenants ~n sa~d promisswy note and ~his mortgage set iwth. 9. That in the event the ownership of the mortgaged premises, or any part theieof, betomes vested in a person other than the MORTGAGOR, the :'ORTGAGEE, its successo~s and assigns, may, without natice to the MORTGAOR, deal wit~ such succtuor or successor in interest wish referen~e to this ~ or~gage and the debl hereby secured in the same manner as with Mortgagor w~thout in any way vifiating or d~scha~ging ihe Marrgagors' liability herr ~:~~der or upon the debt hereby secured. No sale of the Fremises hereby mortgaged and no forbearance on the parr of the IdORiGAGEE w its successors or ass~gns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors w ass:gns, ahall operate ro release, d~schr~ge, mod~fy change or affect the original liab~lny of the MQRiGAGOR herein, ei11Kr in wFwle or in part. 10. It is spec~ficalfy agreed that time is of the essence of this contract and that no waiver of any obl+gation hereunder or of the obligation sr cured hereby shal{ at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In add~Tio~ to the fwego'+ig monthly payments of prirc paf a~d interest required by the p~om~ssory nore secured he•eb~, mortgagor covenants a- d agrees ro pay to mo: tqagee w~th each monrhly payrne~t an add~r;onal sum esnmated by mo~tgagee to be eq~at to 1,' 12 of the annual cost of the foilow- ~~g: A-Atl real pruperty taxes levied or assessed roai•~st the above described real eitate. B-Preml~ms on fire and windstorm insurar.ce as here+n requaed to be carried on the ~mproveme~ts situate on the above described premises. C-Premiums on such mortgage guaranty inswar,te as mortgagee shall from t~me to time deem fit to carry on the loan secured hereby. Mortgagee sha11 from time to time notify mortgagor in writing of the amount due and payable he~eunder and such sum shall therevpon be due and ? ~;abte on the due date of the next month!y payment and each success~+e m~th thereairer untit mortgager shafl not;fy mongagor of a change in such , eunt. Such s~ms sha!! be app+ied by mortgagee roward the payment of real pruF+erty taxes, insurance prem.ums, and mortgage guaranty insurance ~emiums. IN Y~tT ESS WHERfOF, the said MORTGAGOR has unto set his har.d and seal the day and yesr first aforesaid. aled and e!' resence of: i • ` ~ _ W1111a1Y C. ~ -(Seaq OOth i5ea~) (Sea~ ~ w ~ (Seal) Avalon L. Booth 5~.~7E OF FLORIDA ~ coutiTr oF St . Luc ie u' _ ~ Before me personaqy appeared Wi11181a C. BOOth - -Y Avalon L. Booth ""d his wife, to me well knowr~.a~d•k~qwn to me fo be rhe ind;vidvals described in and who executed tF?e foregoing instrument, and acknowledged before me that tfiey executed ~t~e same fok tTu.' Qurp6ses rne~ein expressed. And tfie aaid Avalon BOOttl 1~ =•c, _ Williaa C. Booth r.,fe of the said •~vpbn a separate and.p?~~`att eraminat~on by me taken seperate and aparf from her said husband, acknowl ed to and before me that she executed said i+afiurwent #reely ar~~ "~(bi~ rar,;y and without sny computsa~, constraint, apprehension, or fear of or from her s husbsnd. WfTNESS my hand and offic~al seal this day of A Z f-' ~ ~-'q, p, jq_ ~73 `J ~ g , . otary Public in a for he afepf'flocKis~di,larqe Commiuion expire T • Return To: O~; yQj 9~5 first Federal Savings d Loan Associa!ion " Of fort P,erte. - Fort Pie~ce, Flcrida FILEO AND RECORDED ST. L~CIE GQIINTY FLA. This Insirument Prepared By Gary F. Ellwood R4CER P01TRA5 First Federal Savings & loan Association CIERK C:~:~.Ut~ COURT l~ of Fort Pierce , Florida RE~OR~ VEf, ?'iE~~ Checked By ~~3 12 4~ PH ~~3 ~ . . aoo:~ ~1~ PAGE ~633'7 _ , , ~ - - ~ ~.V~ ~ ; ~ v r_ . c~