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To plac~ a~d continuov~ly ksep on ths bvildirgs now a hereaftK ~itwq on s~ed lu~d and on alt eqv+pment and penonally cav~red by ihi~ morrq~ +p~, with all piemivms lhneon paid in full, fir~ i~surant~ i~ tM uiu~l itandud policy form, in • ium •ppro~sd b~ tF?e MORTGAGEE, and winds~wm iniurance in ~M uiwl sundud polky iwm, in ~ ium spprov~d by tl+~ MURTGAGEE, in ~~rch company w companies as ~h~ MORTGAGEE may diredt ~nd ali iin ~nd windsrorm insuranc~ pOlitiy on any of f~id if~ildinp!„ ~Dy inlH~~t thHlin W p~~f lharlof, in tl,~ a99~cya~~ ium ~fw~iaid w in ~xceu therwf, ~hall coMain tM uival ~tandard mortp~p~ claus~ u iuch o~her tlaus~ th~ Ma~9pN m~y requ~r~. ma?inp tM lou ~nde~ ~a~d poli~ cie~, each and ~very, p~yabl~ ro said MORTGAGEE a itt inlerett may ~pp~a~, and each snd every tuch polity ~hatl b~ promptly au:pncd and delivrrcd ro •ny held by said MORTGAGEE ~a furthsr secv~iry to said mo.tqay~ debt, ~nd, not 1~ tF?~n ten (10) days i~ +dvance oi the ~xpiration of esch policy, to da i~v.~ ro~aid MORTGI?GEE •~~new~l tMreof, rop~tF~ wiM a rec~ipt for tM p~miwn of such ~enewal; and tF,~r~ sh~lt be no fin w windiro.m iruuranc~ placed on ~ny of said build+'rps, ~ny interesl 1M?ei~ a par! th~reof, unleu in the form and with tM lou payabl~ as +fores~id~ ~nd in ths e~rent any sum of mw+ey b~comes payabte under such policy or policiss said MORTGAGEE ihat{ haw ths option to receive snd appty tM same on accouM of the ind~bted- neu iecured hereby p ro permii said MpRTGAGORS to rsteivt and ust it p~ny part IAe~eof 1p~ orhe~ purposcs, wi~hout /h_reb~ waivi~~g a~mpair- infl any equ~y, lien or right under w by virtw of thls morty~; ~nd in tM ~vent ~a~d MORTGAGORS ihall fa ~ny reason fail ro keep ~he u~d p?emiirs w ~ intu~ed, ot f~il ro d~tiver promptly ~ny of s~id policiet of inturanc~ 1o s~id MORTGAGEE, or fail promptly to pay iulty any premium therefor d in any rospect fai! to ps~fam, dischargs, executs, ~ffec~, compl~te, comply w{th a~d ~bide by this covenant, p~ny part he?eof, sa~d MORiGAGEE may pl~ce and par fw such insurancs w any part lhsreof w~thout w+ivug or affectinp sny option. lia?, equity, a ryF~1 unde~ w by virtw of this Mo~t~a9e. and the full ~mo~nt of each ~nd ewry sucA p~ymenl shall be imme~diatety dw and payabl~ ~nd shaU bear intersst from ths data thereof until pa~d at Ihe rate ot nine pe~ centum pe~ annum snd toyether with such intereat ihall b~ secured by th~ li~n of this mwt9ay~. 1. To permit, commir or suHer no wut~, impairment or detcraratan of said property or any pa.t thereof, 5. To pay all and sinpular tFN costs, ch+~~s ~nd exp~nies, iocludinp ~ re~sonable anwney i fes and costs of abstract~ of titte, incur?ed or pa~d ar any timc by aaid MORTGAGEE, betaute or in ths tvtnl of ths failure on th~ parf of ths qid MORTGAGOR to duly, promptly ~nd fvlly perfotm, a~xharge, executs, effect, complete, comply with a~d abtd~ by esch and every the ~~ipul~tio~+t, aqreements, co~di~ion~, and oovenann of isid prom;uory note and ~his mortgage any or eirher, and said cosq, cMrq~s and expenses, ~ach and ~very, ah~ll b~ inwncdiate~y dw and payable: wherher a raf rhero be no~ice de~ mand, attempt ~o collect a suit pend~rg; a~d ti+~ fvli amo~nt af each and wery such p~ymc~t sh~ll be~. in~ereat from the dats 1FKreof until pa~d a~ ~he ra~e of nine per centum per annum; and all ssid cosq, charyes and expertses incwred o? paid, together with such imerest, thall be ucured by the lien of thit mortpagl. b. Thaf (a) in the event of any breach of this Mortgaye or default on tM part of the 1NORTGAGOR, or (b) in the ever+t ~ny of fsid sums of money herein r~ferred to be not promprly and fully paid within thirty (30) days e~ex~ after the same s~verally become dw sr+d payable, without demand or ~otice, or (c~ in the event each and every the stiputatio~s, agrsemenn, condirions snd covsn~nb of sa~d p.omissory note and th~s mortps9e a~y a ei~her are nw iuly, promptly and fully perfamed, d~sch~ryed, executed. ~ifected. compteted. complied with ~nd abided by. then in either o~ any soch evtnt the aid ag gregate wm mentaned in said promissory note then ramaininq unpaid, with interost acuued, u+d aN moneys secvred hereby, ahaU become dw and pay- able fonhwitA, q thcreafter, at the option of taid MORTGAGEE. +s fully snd completely as if sll of the said wms of money were wiginally tt~pulated ro be pa~d on such day, anything in sald promiuory note w in thh Mortgaye to the contrary notwithstsnding: ~nd thereupon or thereafter a? the oprion oi said MORTGAGEE, wirhout notica or tkmand, wit at law or in eq~ity, therefors w fhereafter begun, may be pros~cuted as if NI moneys secured hereby nad matured prqr to iti inttitution. - 7. Ih+t j~ tM evmt fhat ~t tl~e beginning of p st any time pendinp sny wit upon this Mwtg~ge, or to foreclose it, w to refwm it, w fo enfwce payment of any tlaims hereunder, said MORTGAGEE shall apply to the Court Fuving jurisdiction therapf fw 1he appointment of ~ Receiver, wch Cou?t ahafl forthwith appoint s ~eceiver of said mortgaged property aU ~~d sirgvlar, includ~ng all ;nd aingulu the income, profiti, issues a~d revenues from whatever source dHived, each and every of which, if bei~y ~xpressly underatood. n he~eby mortgaged as if specificatly set fwth and deuribed in the granting and habendum clauses hereof, iMI SUCI1 RKlIVN shall have sll the broad and effective fvnct~ons and powen in ~nywi:e entrusted by a Court to a Receiver, and such appointment shall be msde by such Court as an admitted equity and a rtytte? of absol~te right to s~id MORTGAGEE, and withoul reference ro 1he edequaq or inadequacy of the valva of the property mortgaqed or to the solvency or insolrency of iaid MORTGAGOR or the defendants, and that such ren~s, profin, incpne, iuues ~nd revenues shall be applied by iuch Receiver according to the lien or pvity of said MORTGAGEE and the practice of such Court. 8. To duly, promptly and fvUy perfo~m, discharge, exen,te, effect, complete, comply with a?id abide by each and every ths stipvlations, agreemen~s, condit~oro snd covenanes in said promiuory nots and thls mwtgage set fonh. 9. That in the event the ow~crohip of tha mortgayed premises, ot any part thaeof, becomes vested in a penon other tMn the MORTGAGOR, the MORTGAGEE, in wcceuon ~nd suigns, may, witiqut notice to the MORTGAOR, dcal with such suaeuw w successor in inte+est wifh reicrencr to this mongsye and the debt hereby secured in thr same msnner ss with Mortgagp without ~n any way vit~ating w d~uha~g~~g the Mo.tgagors' liability hcra under o~ upon tne debt hereby secwed. No sale of the Fremius he~eby mwtgaged ~nd no forbearance on the pan of the MORTGAGEE a iu successors or auigns and no extension of tF~e time for the pay,rKnt of the debt hereby secured given by ~hs MORT6AGEE w its successori or ass~gm, shall operate to releax, d~xharge, modify change w affed the orginal liability of the MORTGAGOR herein, either in whok or in part, 10. H is specificatly agreed thst time u of the essence of this contr~ct a~d that no waiver of any obt~gation hereunder or of the obligatan se- cured hereby shatf at any time thereafter be he?d fo be a waive~ ot the termt hereof p of the enatrument secured herby_ 11. In add~t;on to the fwego:ng monthly payments of princ"pal and interest required by the promissory note secured hereby, mortgagor covenants ar~d agrees to pay to mongagee with each monthly payment an additionsl sum estimated by mongagee to be eqva{ ro 1/ 12 of the ann~al cost of the foilow- ing: e?-an real property taxes levied or assessed against the above described real estste. B-Premiums on fire and windstorm insurance as herein reqv~red to be carried on the imp~ovements situate on the above described premises. C-Premi~ms on such mwtgage guarant~e irtsurance aa mortgagee shall from t~me to time deem fit to carry on the loan secwed hereby. Mortgagee shall from time to time notify mortgagor in writing of tfie amount due and payable hereunder and such sum shali thereupon be due end Fayabte on fhe due dare of Jbe ne~t montbly payment and each successive month thereaiter until mortgagee shall notify mortgagw of a change in such a*~:ount. Such sums shatl be applied by mo?tgagee toward the payment of real p~operty taaes, insurante prem;ums, a~xl mortgage guaranty insurance premiums. r N W NESS WHEREOf, the said MORTGAGOR has hereunto xt his hand and seal the day and y r f t s esaid. Signed, al deiiv tM pr e of: I , / M ~q _ - ~ ~ ~ ~f ~ an r Seal) Bllen G. Wheeler ,~,n STATE OF FLORIDA ~ _ I COUNiY OF $t . L.ucie ~ 1 sera~ penonally appeared JOt1A Wa. Wheeler I and ; Bllen G. Wheeler his wife, to me wcll known snd known to me to be ; the ind~viduals desc.ibed in and wFa execwed the fwe~ang instrumant, and acknovv{edped bsfor~ me tAat they executed ths same for the purposes iherein expressed. And the said- Bllen G. M1Zf~le! w~ie of the said .JO~lt1 1A~t. Wheeler upon a separate and privat~ examinatw~ by me taken separate and apart from her said husband, ~cknowledped to and be we me that ~F?e eaecuted said irytrument freely and volun- rarily and w~thout any compulsion, constraint, app he w feu of or from~er said nd. ' vWITNE55 my hand snd official seat thi~~, d~y " L ,~1 ~ ~ D"~~ 73 ~ - l !f s / % tary Public in ~nd for fhe Sta i?wid ' tsrps y Commiuio~ expirq: Return To: r ; ~ : ~ - Fint Federal Saving: a toan Associat7o~ ~~Ry ~T~ M f1Qp~pA Of Fo~t P~erce. MY CO~IA~r~~-FllPIRES AE'C. 29~~~5 FOtt Pierce, FIOIidd Bonded SAru~,~raF~n~~.~r~r V~~p~~ - 24'~231 . . _ ~ ~ ~ ; This Instrument Prepared By J. H. Roberts, Jr. f~~Ep ~NO ftECOR0E0 ` First Federal Savings b Loan Association gt.LUC1E G~UNTY F~~' ( of Fort Pierce, Flor ida ftOGER PO~SR~S ` CtEAK CtiR= Eo COURT Checked By `rr~- R~CORO VER~ • f~e 5 3 41 PH'13 ~QOK ~~V PAGf ~1L.7~G? - is ~l _ - ~ - - ~ ~ v. . . ~