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To plac~ and ca+rinuoualy keep on ~he build~ngi now a hereaNa ~itwt~ on sa~d Iand ~nd on all equipment and penonalfy tove~ed by this martg- ~ sg~ with al! premivms the~eo~ paid in full, (iro insuranc~ in the ~iu~l standard policy form, in • sum apQroved by the MORfGAGEE, and winditwm iniur~nc~ fe? the usual s~anda.d polrcy fo~m, in a sum approved by tM MORTGAGEE, in svch compsny or compan;ei u tM MORTGAGEE may dinu; a~d ~II fue and wi~dstorm ~nsuranc~ polic~es on any of aaid build;~+ps, any interoil therein or part thereof, in t1?s aflgrey+te ~vm afo.csaid a in txce~s thereof, shall contain th~ usual ttandard mort9ayee clsute o~ ~uch o~hsr clausa as 1he Mo?tqagee may reqv~r~, maAin9 ~he loss under sa~d polF cies, ~ach and ~vtry, payab:~ ro sa~d MORTGAGEE as its intere~l may ~ppea~, and e~ch u~d everyr such pol~cy ~hall be promptly ass.gned and delivrred to any held by iud MORTGAGEE as turtha security to said matyags deb~, and, no~ leu 11?~n ten (10I days in advance of the expiration of each policy. ~o dr liver to taid MORTGAGEE a rsnewal tMreof, ~opeth~r with a receipt fo? tM pr~mium of such renewat; and there ahafi be no fire or windsrarm in:urance pl~ced on ~ny of ieid buitd~ngs, any inte~ssf thtrei~ a pa~t thesoof, unleu in ths fam and wi~h Iha loss p~yable as aforssaid; and in the eveM any sum of money bcco~nes payable unda such policy w policiei iaid MORTGAGEE ~hall hav~ ~M op~an to receive and appty the iame on accoun~ of the indebred- neu iecu~ed hereby a to permit said MORTGAGORS to receive and us~ it Or any part tAe~eqf for othe~ purposes, w~tFw~t fh.~eu/ ~vai~ing or unpa~r- ~ng a~ny equ~ty, Gen w right undcr or by virtus of thii mortyaye; snd i~ tM evem sa~d MORTGAGORS shall far ~ny ~easwi fail ro kecp the said premisrs so ; insu~cd, w fail b deliver promptly ~ny of s~id policies of insu~ance to sa~d MORTGAGEE, a fail promptly to pay (utly any pre~nium iherefw o~ in a~Y re:pect fait to perforrt~, d~xM+ge, execute, ~ffect, complets, comply wirh and ~bide by this cove~ant, w ~~y pan hereof, said MORTGAGEE may piace a~d paY fw auch insutance w any part thtreof without waivinq w affettinp ~ny option, li~n. equity. o~ right unda w by virtue of this M«tgage. and the full amount of each and every such payment shsll be immediatety dw and payabla ~r~d shall bcai interesl from tAs dats t4ureof until pa~d at the raee o1 ' ntne per centum per a~num snd togethe~ with such interest thall be secured by tM li~n of lhis mort9~ge, ' To permit, tommU or wffer no wute, impeirmem o~ deterioratan of iaid propc~ty p ~ny part fhereof. S. To pay all ~nd singulu the costs, charges and expenses, including s ~easoneble attorney i fee and tosts of abstratts of title, iocur~ed o~ pa~d a? any time by uid MORTGAGfE, bscause or in the avent of tF?e failv~e on ths psrt of ihs said MORTGAGOR to duly, p~omptly snd fully pe~fp?m, dixhargs. execu~e, effect, complete, comply with u?d ab~de by each and every the sfipulations, +greemenri, conditia~s, and covenanri oi said promiuory note and ihii mortgaq~ any or either, and sa~d cosb, cMrges and expenses. exh end ~very, sMl1 be anmed'utaty dw and payable: whether a not there be no~~ce da mand, attcmpt to co11M w suit pending; and the tull ~mount of eath and every tuch payment thall bea~ imerest from the da~e tF~areof umil paid at the rate of nine per centum per an~~um; and all said costs, charges and expe~ses incurred w paid, Iogether w~th suth i~terest, thall be setured by the tie~ of this mor/yaye. b. Thaf (a) in the svent of ~ny beach of this Mwtgsye or default on the part of the MORTGAGOR, or (b) in the eve~t any of said s~ms of money fierein referred to be not promptly and fully p~id within thirtY l30) days nexl after !he tame severally betome due snd payabte, wilhout demand or notice, o~ (c~ in the evcnt each and every the stiputarions, agreemenq, tondirioru and covenams o} sa~d promiuory note and th~s mortpage any a either are oot ~uty, promptly and fully performed, d~uharged, exetvted, affected, complNed, ca~npGed with and abided by, then i~ e~tlxr or any such eveM the uid ag~ gregate sum mennoned i~ saiti promiasory ~ole Inrn ~auw+:ii~~ u~~~,a+d. wYtc izitre;t s;:rvtd. ar.~ a!t .~.~ys _~••red herehy, shafl betome due and nay- eb:e forthwith, or thereafrer, at the option of said MORTGAGEE, as fully and completely at if all of the said wms of money we~e o?~ginally stiputated ro be pa~d on such day, anything in said promissory note a in this Mortgaqe to ~he contrary no~withstanding; a~d thereupon w thereafter a~ the op~~on of sa~d MORTGAGEE, wirlavt norice or demand, iuit at law or in equ;ty, therefpe a th~veai~a begun, may be proxcu~ed as if all money secured hereby had matured pnp to its institution. 7. That in the event that at the beginning of or ~t ~ny time pending any suit upon this Matgage, w to foreclose it, or to refwm it, or to enforce payrn~nt of any claims I~ereunder, uid MORTGAGEE shall apply to the Covrf having jur~sd~c?ion thereol !w tF~e appointment of a Reteiver, such Cour~ shall Forthwith appoint a receiver of said mortgaged property all and singular, includ~ng all and singular. the income, prolits, iuues and revenues from whatever source derived, each and every of which, it beirep expreuly understood, is hereby mortgaged u if speuficalty iet fwth and described i~ the graniing a~d habendum clsuxs hereof, ~nd such Receiver sMll have all the broad and effective funct~oro and powers in anywise entruited by a Court to a Receiver, and i~ch appointment shall be made by wch tourt as an admitted equity and a malter of absolute right to said MORTGAGEE, and without reference to the adequaty or inadequacy pf ths wlue of fhe property mprfgaged or ro rhe solvency or inw?vency of said MORTGAGOR p the defendants, and rhat such renrs, profita, income, iuues and revenuei thall be appiied by such Receive~ accudi~ to the lien or puity of said NIORTGAGEE and the pract;ce of ~uch CouA. 8. To duly, p~omptly and fully perform, disch~rge, execute, effect, complete, comply with a~d abede by each and every t}~e stipularions, agreemcnts, conditions and covenams in sa~d promissory note and this mortgsge set fwih. 9. That in the event the ownership of the mwtgaged premises, w any part thereof, becomcs vested in a person other than the MORTGAGOk, the h10RTGAGEE, its sucteuws and sssigns, may, without notice fo 1he MORTGAOR, deal with such succeuw or successor in interest with refe~ente to thia ~~ortgage and the debt hereby setured i~ the sarrie manner as with A4,ongagor without in a~y way vitiating pr d+scharg~rg the Mottgagors' liability here- ~nder or upon the debt hereby sec~red. No sale of the premixs hereby mortgaged and no forbearance o~ the pah of the NIORTGAGEf or its successors or ass~gns and no extens~on of the time for the payment of the debt hereby secured given by the MOQTGAGEE or its tuccessors w ass~gns, ~hall operate ro release, d~xharge, modify change or affett the orginal liability of the AM1ORTGAGOR lxrein, either in whole a in parl. 10. It is specifically agreed that time is of the cssence of this contrad and that no wsiver of any obl~gation hereundei w of the obligation ar cured hereby shall at any time thereafter be held to be s waiver of the terms he~eof a oF the ins~rumen! secu.ed herby. i 1. In add~tion to the forego'ng monthly payments of print'pal and interest required by the promisso~y nore secured hereby, mortgagor covenants ~nd agrees to pay to mortgagee with each momhly payrnent an add~rional sum est~mated by mortgagee to be equal to 1/12 of the an~ual cost of the follow- In~: A-Alt rea! property taxes levied or assessed againtt the abave desuebed ~eal cytare. B-Premiums on fire and windstorm insurance as herein requ;red to be carried on the improveme~ts sitvate on the above described premises. C-Premiums on such mwtgage guaranty insurar,ce as mortga~ee shall from t~me to time deem fit 1o tarry on the loan secured hereby. Mortgagec shall from rime to time notify mortgagor in writing of the amount due and payable hereu~der a~d such sum shall thereupon be due and ,ayable ort the due dafe of the next montMy paymeM and eath successive month thereafter ur.til mortgagee shall notify mortgagor of a change in such a~:ount. $uth sums sF.all be applied by mortgagee toward the payment of real property taxes, insurante prem:ums, and mortgage guaranty insurance premiums. WITNESS WHfREOf, the w;d MORTGAGOR has hereunto set his hand and seal the day and first afwesaid. gned. Sealed ~ivered in the presence of: fl, ~ / ~ ~ ' ~ ~ r r / ' ~ zf ~ . -Rub B. Rau2erson a4 (Seaq . ~'i Q~'1 ~tO/.. (Seal) STAtE OF fLORIDA - 0~1A C• MOIIIO@ COUNTY OF SL . L1~ 1@ ~ ~ ~ Before me penonaliy appeared JOt1I1 C. MOIlXO@ snd , ~t~Y B MOIIYOe~ fpi~Tlv Ruby B Raulessoa, his wife, to me well known and known to me fo be the individvals described in and who executed the foregoinp instrument, and stknowledged before me that they executed tix same for the purposea ,;,e,~~„ ~xa~,~d. a,d tr,~ :a~ RubY 8• Monroe, foraerly Ruby B, RaulQraon ~ ,~~fe of the said `lO~ln C. ~pAXO@ upon a separate and privats i examinat~on by me taken separate and apart from FKr said husbard, etknovrledged to and befo~e rt?e that ihe executed said ir?strument freely and volur?- rarily and without any compulsan, constraint, sppr ~;q~, pr fear of or from her said husband. ~ ' WITNESS my hand and officiai seal thi d day of A. D. 19 ~3 ~ Zt~ ' ~ , ~ ~r. . ary PubGc in end ?or !he State ; F{orida arp~, ~ ~ y' Commission expires: ~ • Retum To: ' ~ • Firsf federal $avings 3 toan Association , _ Of Fort P~erce. . - t ~ = Fort Pierce. Florida 24~233 MOTqRY p~18_~C ~ r aY ce:~st,s~; ~ATE of . ~ _ ,r rY:,~c_^ RrQA~~ - ~ nF~.J i9. ~t9~~~. ` • This Instrument Prepared By John W. Collins F1~E0 AMO RECORDED '~w--= - First Federal Savings 8 Loan Association ST.lUC1E CJUNTY F~~• I~ of Fort Pierce ROC£R ~01TRAS 4 CLERK CF ~GU11 COURT RECOR~ Yf~~~~E~ Checked By~_ u FE~ ~ 3 4~ e~~ o R . aoac~~~ ' ~ t _ . " . _ ' ' ~ .x . . _ _ ?~n ~ s . ~ ' - .~+5: . , . Y.Lh'