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To plece and confinuously keep on the bu~:d~ngs ~ow or hereafter situate o~ said Isnd and on alf equ~pment and perso~aily covered by this ma~g- sgs. w~th afl premiums thrrcon pa~d in full, fire insurance +n ~he usual standard pol~cy form, in s sum approved by the MORiGAGEE, and w~nds~wm ~nsurance in the us~ai uandard pol,cy fam, ~n a sum approvcd by tAe NIORTGAGEE, in ~uch compaoy o~ compan~es as the MORTGAGEE may d~rect; ~nd all fire and wlndstorm insurance policies on ~ny of said build~nyt, any inrerest therein o~ p~re the~eof, in ?hs apgrega~e sum aforesa~d a 1n excess thereol, shaU c~ntai~ the uiual standard mongagee clause w such oiher clauss ai ~he Matgagee may requ~ro, maA~ng ~he loss under •a~d polt c~es, eacA snd every, payable to sa~d MORTGAGEE ~s i~s interest may ~ppeu, and each and every such pol~cy shall be prompdy ass.gned and dr~~ve+ed ?o any held by sa~d MORTGAGEf at (urther ~ecurity to said morrgage debt, and, not leu ?han te~ (10) days in advance oi the expirat~on o1 each policy, to da liver to said MORiGAGEE a renewal thereof, toge+her with a rece~pt for the premium o( tuch renewal; and ?here ihall ba no t~re or wi~ditoi~n insuranca placed an any oi iaid buildings, •ny interest there~~ a part thereoF, unle:s in the form and with the loas payab7e as a(oresaid; and in the event any sum ot money becomes payable unde~ such po13q a pol~cies ssid MORTGAGEE ihall have the opuon to ?eceive and apply the same on accouni of the indebted- ness secured hereby or to permit said MORTGAGORS to reteive and use it p any pait thereof for osF~cr purpoSeS. ~tiitho~t rh_nu~ wa~~~ cr ~~upa~~- ing any equity, lien or .~ght under a by vi.we of this mo:tgage; ~nd i~ the event sa~d MORTGAGORS shall fw any rcason fail to kecp the said prem~sas so insurcd, or tail to deiiver promptly any of said policies of in~urance to said MORiGAGEE, o? fail promptly fo pay fulty any pre~niu~n therrfor w in a~y respect fail to perfwm, d~scharge, execute, efiect, complere, compty wirh and abide by this tovrnan~, or sny part hzreoi, sa~d MORiGAGEE may p~ace and pay tw such insu~ance or any part thereof without waiving o? affecting ~ny option, lien, equity, or r~ght under w b~ virtue oF this Mortgage, and the lult amount of each and every such payment shall be imme~iately due and payabie and shafl bear intereat from ~he date thereof un~il paid at the rate oi nine pei centum pe~ annum and together with such interest sha~l be secured by the lien of thi~ mortgage. 1. To permit, tommit or suffer no waste, impairment w deterioration of said property or any part thereof. 5. To pay all and singular the costs, charges and expenus, including s reasoneble a~twney's fee and tosta of abstrads oi title, incurred or pa~d a~ any time by sa~d MORTGAG;E, because p in the cvent of the faifure on the parf o~ the said MORTGAGpR fo duly, promprly and lulty perform, d~scharge. execure, effect comptete, comply with and ab:de by each end cvery the stipulatwns, sgreements, conditions, and covenants of said promi:swy note and ih~s mortgage any w e~~he?, and said costs, charges and expenses, each and every, shall be immed~ately due and payable; whefher or not there be not~ce da mand, attempt to collcct or svit peod~rg; ind the ful! amovn? ot cach end every such paymem shall bear interest from the date thereof until paid at ~he r,re o? nine per ceroum per annum; and all said co:ts, charges and expenses incurred w paid, togefher w~th such interest, shall be secured by the I~en of th~~ mortgage. 6. That (a) in the even~ of any breach of this Mortgage w default on the pan of the MORiGAGOR, w(b) in ~he event any of satd suma of money here~n referred to be not prompt~y and fully paid within thirty (30) days nexl after the same seve~ally betome due and payable, wi~hout demand or notrce, or (c) in the event each and eve.y the atipulations, agreerr~nts, cond~tions and covenants of sa~d promissory note and ~h~s morrgage any or e~tlxr are no~ ~u1y, p,omp~ty and fully pertormed, d~scharged, ezecuted, eifected, completed, complied with a~d abided by, then i~ e~ther w any such event Ihe sa~d eg g~egate sum mentioned in said p~omisswy note then remaining unpaid, wilh interest accrued, and al1 moneys secured hcreby, shait become dve and pey- abte for~hw~th, or theroafter, ar the opt~on of said MORTGAGEE, as fully and complefely as if all of ~he said sumi of money wcre ongi~alty s~~po(ared to be pa~d on such day, anything in sa:d p~omissory ~ote w in this Mat9age to the contrary notwithstanding; and therevpon or thereafte~ at the opt~on of sa;d MORTGAGEE, without notice or demand, suit at Iaw a in equity, therefae or thereafter begu~, may be prosecuted as if s!1 moneys secured hereby nad matured pr~w ro ~ts ina~ctu?ion_ _ 7. That in the event that at the beginning of or at any time pending any suit upo~ this Mo~t9age, or to .forcclofe;it, o~.io ~eform it; or to enforce PaymeM of a~y ctaims hc~eunder, said MORTGAGEE shall apply ro the Court having jur~sd~c~~on the~eot for the appo~ntment of~ a' Re'tetvN; avth~ Court shall iorfhwitb appoinl a receiver of said morlgagzd property all and singular, includ~ng ali and si~gular the inco`rn~, prof~ts, `issues and•~even0it lio~ whatere~ source derived, each and every of whrch, it being exp~easly understood, is hereby mwtgaged as if spet~fi~all~ set forth and desuibed iq'the granti~g and habendum clauxs hereof, and such Receiver shall have all the broad and efiettive funtt,ons and powers in a~ywise entrusted by a Court to a Recei~er, and s~ch appointment shall ba made by such Court as an admitted equity a~d a matter of absolute right to uid MORiGAGEE, and without reference to the adequacy or inadequacy of the value of the property mortgaged or to ~he sotve~cy or ~nsoivency of sald l4tORiGAGOR a the defendanta, and thaf such re~~s, profits, income, issues and revenues sha{I be appliad by such Receiver accord~ng to the iien or equity of said MORTGAGEE and the practice of such Court. 8. To du1y, promptly and iully perform, discfiarge, execute, effect, complete, comply with and abide by each and every the stipulations, agreemen», condit'ans and covenants ~n sa,d promissory note and this mortgage se1 fw~h. 9. That in the event the ownership of the mortgaged p~emises, w a~y part thereof, becomes vested in a person other than the MORTGAGOR, the '.'•ORTGAGEE, its successcrs and ass~gns, may, w~thout notite to tne MORTGAOR, deal wiih such successw o~ successor in interest wi~h reiere~~ce ~o Il~i~ rrorrgage and the debt hereby secured in the same manner as with Moitgago~ without in any way vit~ating or d~xharging the Mortgagors' liabilify here- under or upon the debt hereby secured. No sale of ?he premises hereby mortgaged and ~o forbearance on the part of the MORTCaAGEE w its successors or assigns and no exteniion of the tfine for the payment of the debt hereby secured give~ by the MORTGAGEE or i!s successo~s or auigns, ai~all operate to release, d~scharge, modify ~hange ot affect the original liabi{ity of the MORTGAGOR herein, eithe? in whole or in part_ 10. It is spec~fically agreed that time is of the euence of this contract and that no waiver of any obligation hereunder or of the obligatan se- cured hereby shail at any time thereafter be held to be a waiver of the terms hereo( w of the instrument secured herby. il. In add,i~oi to the fwego:ng monthly payments of princ'pa! and inrerest required by the p~om;sso~y nore setured hereb~, mo:tgagor tovenants a~,d agrees to pay to mo:tgagee w~:h each monthly payr: ent an add~rional sum estlmated by mortgagee to be equal to l;'12 of the ann~~al cost of the follow- „r3: A-All real property taxes levied or assessed against the a6ove described real esfate. 8-Prem~ums on ffre and windstorm insurar,ce as he~ein ~equ:red to be tarried on the improveme~ts situate on !he above d=stribed premises. C-Przmivms on such mortgage gua~anty ir.surar,ce as mortgagee shall from t~me to time deem fit to carry on the loan secured hereby. _ Mo+tgagee sfialf from time to t~me not~fy .morrgagor in writ:ng of the amount due and payable hereunder and such surn shall thereupon be due and ~.~yab(e on the due date of tFe nexr monthty payment and each successive month the~eaf~er ur.til mortgagee sball notify mortgagor of a change in such a~:ount_ Such sums sha;; be appi~ed by mo gagee tovyard the payment of reat property tazes, insurance prem:ums, and mortgage guaranty insurence oremiums. _ IN Y' RNE55 REO , e said TG GOR has hereunto set his hand and seal the day nnd year fint aforesaid. Si n, a12~ an el~ red in the f: / ~ ~ Seaq (Seal) i\ al) ~ _ - Lvn_ a Dale HoLos ~seaq i STATE OF fLORIDA ~ i COUNTY OF _ $t. Lucie ~ 1 Beiore me personally appeared Harold Jas~es Ho11@5 a~ ~ Lynda Dale Holaes his wife, to me well known and knowo to ne to be E the individuais described in and who executed the foregoing instrument, and stkrwwledged before me that they executed the same fw tF~e purposes ~ therein expressed. And the said I.ylldi Dale HoLaes ~ wife of the aaid Harold .I mae HO soc ~,uptlk'S_5tepq.ate and priwre ~ e:aminat~on by me taken separate and apart from her said husband, acknowledged to and befwe me that she executed sald inatrwnent freE/y arlif voluo- `s ra.ily and w~thout any compulsion, constraint, apprehens:on, or fear of or from Fror said husband. ' - WITNESS my hand and official seal this- ~ day of - JdQUdr ••~%4. D. t4~23_ Notary Pubtic in and fw the STate f ida at ar~e My Commission expires: ~ • i ' ~ 3t ~„RGE Retum To: ~~jBLiv. $1A7E~+'- Ftti''~['' : ~ Fint Federal Savings 3 Loan Association • ~S ~~~i EXi~rF3 t~pj, 25, 1975 ! Of Fo.t P:erce. bfl~~ ~~yl~et~.a(r,~}~f InS4f3nce 'r Fort Pierce, Fforida a~ J i f1LED ~?~i ~£CORDE~ 5T. lUC1E COiiN1Y flA. t ~ This Instrument Prepared By J, H. Robetts .Jr, ROCf~ ?~~jaAS ~ First Federal Savings & Loan Association ' CIERK C1=,.~11 COURT ~ of Fort Pierce , Florida RE~O~D vER~F~EO~ ; Checked By ~ ~ ~7 S8 ~H z ~ ~ _ _ _ 246651 : 800K~~~ PACE132? ; 3 I ~ . ~ , _ ! ~r~, : ~ _ , ' . . . . . . . _ ~ . -