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To place dnd cont~nuously krep on ~he buitd~ngs now or hereafter ~ituate on said land and on ~I1 equ~pmem and perso~ally covered by th~s matg- ege, with all premiums ehereon pa~d in full, fire insurance in ~M usu~l standard policy fo~m, i~ • ium app~oved by thQ MOR(GAGEE, ar.d windatorm insurance i~ the usual standard pot~cy fwm, in a sum appaoved by tM MORTGAGEE, In fuch company or companies as the MORTGAGEE may d~r¢~I; and all fire and windito~m insurance poticiet on any of said buildings, any intereit therein o? part thercof, in the agg~egate sum aforesaid or in excess thereof, shall con~ain the usual sta~dard mwt9a9ee ciause w such orher cl~use ai the Mortgagce may ~eqvirs, ma?ir~ the loss under sa~d poli- c~es, each snd evay, payable to said MORTGAGEE a~ ~ti interest may appeu, and each and every suth poGcy ihall be prompriy ass g~ed and dalivered ro er.~ hrld by sa~d MORIGAGEE ~s funher aecurity 1o sa~d mortgage debt, ~nd, not lea than ~en (101 daya in advancs oi the ezpiration af each pol~cy, to dr I~ver ro said MORiGAGEE a rtnewal rhe~eof, topa~ha wilb a reteipl fo~ the premium of t~?th renewsl; and Ihere shall be no f~re o. windstorm insu~ance p~itld on any of said buildinqs, ~ny interest therein w psr~ thereof, unless in ~ht form ~nd with th~ lou payable as afwesaid; and in the event any sum of money becomes payable u~der such policy or poGdes said MOR~GAGEE sha11 have the opt;on eo receive and apply tAe same on accoun~ of the indebted- ne~s secu~ed hereby w ro permit asid MORTGAGORS to receive and uss it or any pai~ thereof for other purpases, w~~ho~t ~h.~cbr .va~~.~~~g or ~~„po~r- ~ng any equ~ty, lien or right unde~ or by vinue of this mor!flafle; and in the event u~d MORTGAGORS shall fo~ sny reason fail to keep ~he aald prem;s•:s so ~nsvred, or fai! fo delirei promp~~y any Of said policies of insuranc0 to said MORTGAGEE, ot iail promptly to pay fully any pre~nium therefor or in any respect fail to perfwm, discharge, exetute, e(fect, canplete, comply wirh and ~bide by thii cove~ant, w any par~ hereof, said MORTGAGEE may piace and pay fw such irtsura~ce or ~ny pan /hsraof vaithWt waiving or affecting any option, lis~, tqvity, or right unde~ w by viitue of this Mwtgage, and the t~il amount of each snd every s~ch payment shall be immediately dw and paysble and shall bear in~erost from the date thereot until pa~d ai the rate ol ~;~e per cenr~m per annum and to~ether wiih such iroe~eat shall be secured by the tien oi thii mortgiga To pcrmil, commi~ or suffer no wssts, impairmem or deteriorotion of said property w any part thereof. 5. To pay all and singulu rhe costs, charge~ arrd expe~ses, ;ncluding a reasonable attarney's fee and cost~ of abstracts oi ti~le, incurred or paid at ~ny time by said MORTGAGEF, because a in the event of the failure on the part of the snid MORTGAGOR to duly, promplty and fully perform, d~scharqe. _.ecute, etiect, complcte, comply with and ablde by each and every the stipulanona, agreemenrs, conditioni, and tovenams of said promissory note a~d ~his .,,orTgage any or ei~her, and sa=d costs, charges and expenses, each and every, shall be immediately due and paysbie; whether w not rhere be not~ce d~ n~and, attempt to collect or wit pend~~g; a~d the full amovnt of each snd e~ery su~X payment shall bea. interest from the date thereof until pa~d at the ..~re o~ nine per centum per an~tum; and al! said costs, charges and expensea incurred w paid, together w~th such interest, shall be secured by the lien of th~s mortgsge. 6. That (a) i~ the event of any breach of this Mor~gage w default on the part of fhe MORTGAGOR, or (b) in the event any of satd svms of money herein reterrrd to be not prompNy and fully paid within th,rty (3p) days nex! afror Ihe same seve?ally become due and payable, withou~ demand or no~ice, or (c) in the event each and every the stipulations, sgreements, conditions and covenants of sa~d promiswry note and th~s mortgage any w either are no1 ~~ty, pra~+ptly and iully p~rformed, d~uharged, executed, effected, compteted, compl~ed with and ab~ded by, then in e+ther or any ~uch event the sa~d ag ~regate sum menrioned in said promissory note then remaini~g unpa~d, with inferest accrved, and all moneys secu~ed hereby, shall become due and pay- ao:e fo~~hwith, or thereafter, at ~he opt~on of said MORTGAGEE, as fully ~nd completely es if all of the said sums of money were a~gin~lly st~pulated ro be pe~;d o~ suc1~ day, anything in sa~d promissory ewte or in this Mwtgage to the contrary notwithstanding; and thereupoo or thereafter at Ihe option of sd:d MORTGAGEE, w~~hout notKe o~ demand, suit at law or in equity, therefwe or thereairer begun, may be proucuted ~s if all moneys iecured hereby nad matured prqt to its iruutution_ 7. That in the evenf that at tke beginning of or at any time pcnding any sv+1 upon this Mortgsge, d to faetlose it, w to re(orm it, or to enforce os payment of any claims he~eunder, said MORT(',AGEE sMll apply to the Court having jurisd~ttion thereof tor the appointment of • Receiver, such Court shatl ic: rhwith appoint a receive~ of said mortgaged property alI and singular, inciud~ng all and singular the income, profits, iuues and revenuea from whatever s: ~rce derived, eath and every of which, it being exprculy understood, is hereby mortqaged as if specifically set forth and deuribed in the granting and habendum clauses hercof, snd such Receiver shall have all the broad and effettive funct~ons and powers in anywise entrusted 6y a Court to a Receiver, and s_ch appointment shaU be made by such Court a~ an admetted eqvity and a mafter of absolute rigAt to said MORTGAGEE, and without reference to the adequacy a inadequacy of the vslue of the property mortga9ed or to the sowency o~ ~nsotvency of sa~d MORiGAGOR or the defendants, and that such ~e~rs, profits, income, issurs and revenues shall be applied by such Receiver accwding ro the lien or equity of said MORIGAGEE and ~he practice of sucA Court. 8. To duly, promptty and fully perform, diuharge, execute, effect, complete, comply with and abide by each and every the stipulatio~s, agreements, :ond~rions and covmanrs ~n sa~d promisswy note and this mortgage sN for~h. 9. T~at i~ the event the ownership of the mongaged premises, or any oart thercof, becomes vested in a person o~her fhan the MORTGAGOR, the :'.URTGAGEE, its successors and assigns, may, without notice to Ihe MORTGAOR, deat with such succeuor or successo? in interest with refe~ence to this mor+gage and the deb~ hereby secured in the same manner as with Mortgagor wifhout in a~y way vif,ating w d~xharging fhe Mortgagors' tiabitity here- ~.r.der a upon the debt F+ereby secured. No sale o( the Fremises hereby mortgaged and no forbearance on the pan of the MORTGAGEE or its successon or ass~gns and no exrens~on ot the time for the paymrnt of the deb~ hereby secured given by the MORTGAGEE or its successors or ass~gns, shall operate ro release, d~scharge, modify change or affect the orig;nal liabitity of the INQRTGAGOR hereirt, tither en •~fio~s a in pa~t. t0. It is speufically agreed that time is of the essence of this caitract and thst no waiver of any obl~gat~on hereunder or of the obligation se- cv~ed hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. I1. In add~tion to the forego ng monfhly paym~NS of prin~ pal and interest required by the promissory note secu~ed hereby, mortgagor covenants ~^d agr~es to pay to mortgagee with each monthly payrnent an add~rional sum estimated by morrgagee to be equal to 1/ 12 of the annual cost of th~_follow- ,,a: A-All real property taxes levled or assessed against the above described real estate. ' 8-Premtu~~s on fire and windstorm ~nsurarce as here~n requ~red to be ca~ried on the improvemeats situate on thc above described premises. C-Premi~ms on such morfgaye guaranty insurar~ce as mortgagee shalf frcm rime to time deem fet to carry on the loan setured hereby. Matgagee shall 4rom time to time natify mortyagor in writ~ng of the amourn due and payable hereunder and such surn shall thereupon be due and :.,.aole on the due date of the next mo~thly paymem and each successive month therea4ter ur~il mortgagee shall notify mortgagor of a change in such ~.u~nt. $~~h wms shail ~ appiied by martgagee toward the payment of rea! p~operty taxes, insurance prem:ums, and mortgage guaranty insurance e rt~ i ums. IN WIiNESS V'J1IEREOF, the said RTGAGOR has hereunto set his hand and seal the day and year first aforewid. ' ~ed, Seated and deli i~ tf presence of: ~ (Seal) - Edna S, De i 1 - ~a~~ - - (Seaq (Seaq S;A7E Of FLORIDA ~ St . Lucie ~ouvn oF 8efore me perwnally appeared Edna Q211 V~ a~ri dow ' to me wel! known and k+awei.'to me !o be ; tha individ~al described in and who executed the foregang instrument, and scknowledged befwe me thatShe execWad the•s~fr4lb''N/,-~t~t-pvrpases ;herein txpressed. la7d~Ad . : rt\~~ _i . ~L ~CW~~... , s.~~.~ ~r3lFII~IIfC A~I ~ istIDS~l~tt~jCmCl~~II~~ffi~tC~C~L~O~~i~R~R~fQ7~~i1S~~aI~ ff ' ~3ok~~seie~~aompdsac.soseo~a _ s~s-*+~-~"~~CS' ~mis~ ~ C- ; WiTNESS my hand aod offic;al seal thi ~ d~y a{ - , p;~_ ~ •a , - ~ c~ Not ry Public in and or e~ 'f.florida a}.arpe My Commission expires: y f ~ Retum To: '3• ~,,•'f ~ t 1~! ( ' F'ust Federal Savings a loan Association Of Fort P~erce. Fort Pie.ce. Ftorida FILEO AND RECORQE~ St. lUC1E COUMTY FL . This Instrument Prepared ByDennis F. Holerger ROCE~ ?atTR~1S ~ CLE~K G?~:CUiT CaURT !~(1 First Federa! Savings 8. loan Association AE~OF:%YEP ~IE~...~.~-- of Fort Pierce , F lor i da Checked ey ~-7 ~AU I~ 9 58 AN ~~3 . 246655 ~ eoou ~~Q ~ ~ , , w~ i.: . _a~. - _ _ - r ~ y.. ~