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To place and continuou~ly k~ep on ~he buildings now w Mreafta wruat~ on said (and and on al~ equcpm~nt and pe.sona~~y cove+ed by thi: marrg. ~q~, w~th a11 pr~m;uma thereon pa;d in full, f'ue insuranc~ in th~ usual stu+dard policy fam, in ~ sum approv~d by Ihe MORTGAGEE, ~~d windsrorm inswanc~ in ~M uiwt u~nda~d pol~cy fam, in • sum ~pprov~d by iM N10RTGAGEE, in such company a companics u~M MOR~6AGEE m~y d~rect; and all fir~ u+d winds+orm insuranc~ potkis: a+ any of said bvild+nQs, any tnle~~s! therein w part thereof, in tM ~9gregaie i~m afwesaid o~ in ~xcess Ihereof, iMU comain tM uswl sNndard mortpap~e ci~vs~ a suth oiha~ cl~us~ a~ tl?s Mortysye~ may raqua~, makinp the loss unde~ sa~d po1E C~s, each and every, payable to said MORTGAGEE ~ its interes~ may ~ppear, ~nd esch and ~very iixh policy shall b~ promptly ais.gned and delivered ~o any held by ss,d MORIGAGEE ai fu~rher tecurity to said morty~e deb~, and, no~ I~s~ ~han t~n (10) days in advs~c~ of the ezpiratlon of euh policy, to dr IivM 1o said MORTGAGEE a r~~ewal thereof, topttFw with ~ reteipt for the pr~mium of such re~twsl; a~d Ihere ahalf be ~o t~re ot windatorm insuranc~ placed an any of taid build;~ps, ~ny interest thsrein or part tha~eof, v~leu In the fam ~nd wilh IF» loss psyabl~ as ~iweuid; a~d in the evcm any wm of moMy txcomes payabte undsr such policy or polKiei iaid MORTGAGEE shall haw ~he option ro receive and epply the same on accoun~ of ~Ae indeb~ed- neu secured hertby w to pe~mit s~id MORTGAGORS to reteiw and us~ U w any pa~t Ihereoi for orher purposes, w;~hout th9IED/ waiving o~ unpair- irg any p~~ty, lien or r'~ght uncier or by vinw of this mortga~e; ~nd in the ~vent said MORTGAGORS shall fa a~y reason fail to kecp the aaid prrmisrs so iniured, or fai) ro deliver promptly aey of said polKies of inturance ro sa~d MORTGAGEE, w fail promptly to pay futly a~y pre~n;um ~Aerefor o~ in any respecr fail to ps~fam, dischargs, txecuts. effstl, tomplete, comply wtth and abid~ by this cove~anf, a ~~y part hereof, said MORTGAGEE may plsce and paY fo~ suth inau~ance or ~oy part thereof without waivinp or afiettinp any option. litn. equity, ot right unde~ or by virrw of this Mo.tgage. and the 4ull amount of each and every wch payment ihaU be immediately du~ and pay~bfe and th~ll bear inte~eat f~om ths dat~ ~hereof until paid a~ the ra~e ol Nne pa~ centum pe~ snnum ~nd together with iuch interest shaU be secured by ths lien of this mort~age. 1. To p~rmit, tommit or suffer no waste, impairment ar deterioration of said property w any psrt thereof. 5. To pay all snd singulu the casn, ch+ryes ~nd expenses, ;ncludin9 s reason~ble sttwney's fee and costi of sbstracts of title, incurred w pa~d at any time by said MORTGAGEE, betausa a in the event of the failu~e on the pa~t of the uid MORTGAGOR to duty, promptty and fully perform, d~uharge. executs, effeN, tompkte, comply with and ~bids by each and every the stipulations, ayreemenn, conditions, and covenants oi said p~omissory note and this mortyage any w ~itl~, and sa~d costs, charges and ezpenses, each and ~very. shal( bs immedi~tety due and payable: wherhe~ or not there be no~~ce dc mand, aaempt to collect or wit pend~ng; a~d the full amount of esch and wery such paymen~ thall be~r in+eres~ from ~he d~te thereof until pa~d e~ the rate of ni~e per crntum per annum; arx! all said costs, charges and expenses incurred a paid, togethe? w~th such i~terest, shall be securod by the I~er? of this mortpage. b. That (a) in the ewm of any b~each of this Mortgs~s w default on the part of the MORTGAGpR, or (b) in the event sny of satd wms of money herei~ refmred to be ~?ot prompqy and fully paid within thirty (30) days nt:t after the same severally become due and payabk, withoul demand w aotice, or (c) in the event euh and every the stipulatio~s, agreemenb, cw~d;rions and covenanta of sa±d prom~uory note and th~s mortgsge ~ny or eithcr are no1 ~uly, promptly and fully performed, diuharged. executed, effected, completed, complied with ar.d sbided by, then in either o? any such event the said ag gregate wm men~wned m saKl prom~ssory note ine~ rana~~ing unyai~3, w+tti +r~t~rest s:uc;e3. :.-.3 s:" cr.3a~;~a ar` •c~ hr.'~y. sM!! ?+ec~ d..e and pay~. abfe ta~hwith, p thereafter, at tl» option of said MORIGAGEE, as fully and comp~etely as if all of the said sums of money were or~ginally siipulated ?o be paid on such day, anythin9 in uid promissory note or in this Mortg~ge to the cootrary notwithsta~ding; and thereupon or thereaftcr at the op~ion of said MORTGAGEE, without rqtice w demand, svit af law o~ in equity, therefote w thaeafter begun, may bs prosecuted as if all moneys aecured hereby had maturcd prwr to its institution. 7. That in the event that at the btginning of a at any time pending any suif upon this Mortgsge, w to fweclos+ it, w fo refwm it, or to enforce payment of ~ny ctaims here~nder, said MORTGAGfE shatl ipply to the Covrt havirg jurisdiction thereof fa the appo~ntment of a Rrceiver, such Court shall forthwith appo~nf a receiver of said mortgaged property a11 and singular, includ~ng all snd singular the income, profits, issues and revenues from whatever eowce derivcd, each and every of whKh, it be;rg expreuly understood, is hereby mortgaged ai if spec:ficatty set fatR and dewitxd in the granring and habendum clauses he~eof, snd such Receiver shall I~ve all 1F+e broad and effective fu~ct~ons a~d powers in anywise entrusted by a Court to a Receive~, an~ :~ch sppointment shall be made by wch Court ~s an admitted equity and a matter of absolute right to said MORTGAGEE, u~d without referente to the adequacy or inadequscy of the vatue of the properry morrgaged or to the wlverxy or insolvency of u7d MORIGAGOR a the deferxiaMS, and rhat such rents, profin, iocome, issues and reve~ues shall be applied by such Receiver accwdiny to the lien or puity of said MORTGAGEE and the practice of such Court. ~ 8. To duly, promptly snd futfy perfo?m, dscharge, exccuts, effect, compiete, comply with and abide by each and every tF+e stipvlations, agreernents, conditions and covenanu in said promissory ~,ote and this mongage set fath. 9. That in the event the owrxrship of the mortgaged premises, p any part thereof, becomes vested in a person other than the MORiGAGOR, the MORTGAGEE, its successors and assigns, may, without notice to the MpRTGAOR, deat w~th such succeua a successw i~ interest w~th reference to this moslgag~ and the debt hereby secur~d in Ihe same man~er as with Mortgaga without in any way vitiatirg or d~scharging the Mortgagors' liabilify hert under « upon the debt hereby secvred. No sak of the premius hereby mo.tgaged and no fwbearance on the part of the MORTGAGEE a its successors or aasigns and no extension of the rime for the payment of the debt hereby secwed given by the N10RTGAGEE or its successors w ass~gns, ?hall ope~ate to release, d~scharge, modify change or aifed the original liabitity of the MORTGAGOR herein, either in whole or in part. 10. h is specifically agreed that time is of the essence o4 this contrsct and that no waiver of any obligation hereunder o~ of the obligaYan se- cured hereby shall at any time thereafte~ be hetd ro be a waiver of tht terms hereof or of the instrumeM secu~ed I~erby. 11. In add~rion to the forego:rg manthly payme~ts of prinCpal and interest required by the promissory note secured hereby, mortgagor covenant: and agrees to pay to mortgagee with each monthty payment an add~ranal sum estimsted by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All rea( prope.ty taxes levied or assessed againsf the above described real estate. B-Premiums on fire and windstorm i~surance as herein requ;red to be carried on the improveme:+ts situate on the above described p~emises. C-Premiums on such matgsge guaranty insurance as mortgagee shall from time to time deem fit to carry on the ban secured hereby_ Mortgagee shall from time to time notify mortgagor in writ~ng of the amount due and payabfe hereunder and such sum shall ~hereupan be due and Fayable on the due date ot the next monthly payment and each sutcessive momh thereafter urtil mortgagee shall notify mortgagw of a change in such amount. $uch sums shall be applied by morigagee toward the payment of real property taxes, i~surance prem;ums, and rtwrtgage guaranty i~sura~ce premiums. !N 16I~7NE55 WHER~' F, tbe uid MC~TGAGOR hss hereunto set his hand and seat the day snd year first afwesaid_ g ed, ealed d`d~ i~ presence of: ~ . ~ " ~ts ~ Z.!/~L.~'~.-ti :Sea4 ' 1 +n SeaO M2?ry E, ilsoll {Sea~ ; STATE OF FIQRIDA ~ St. Lucie ~ couNn oF Befwe me pefsonally appeared Al i LmAUriL W11eOII ~rV E Wl1s011 fiis wife, to me well known and krawn to me to be tAe indrviduals described in and who executed ths faegoing instrument, and ackrwwledged befwe me that they executed ihe same for the purposes therein expressed. Md the said ~=y B• w1130A wife of the said Alitmount Wilson upon a sep~rste and privst~ exami~at~on by me taken separate and apart from her said husband, atknowledgcd to and before me that ~he executed said instrument freely, and voluo- , rarily and w~thout any compulsion, constraiM, apprehension, w fesr of or from her seid husband. . WITNESS my hand and official seal this 2n1~ day of Februar ' q, D. 19_~,~ ~ - ~ . Notsry Public in end for ihe State,~flFl~?r' at Large My Comm]uion expirp: Return Ta ~ " ~ ~ First Federal Sa~ings 3 toan Auociat~on NOTARY P~1B11~. STj~TE a/ FLORIDA it URaf Of Fort P~erce. MY COhiM~S~QN E2cPIRES S~~ ~t jg75 Fort Pierce, Florida %~4'~235 ~ ~ ~~~y~~ . ~ ~j. ~ •t~ This Instrument Prepared By RiChard K. Kayes ~L E~ Ai~O 8f4~t6f0 First Federal Savings b Loan Association ~~r~~~~4bMTr/u,. R~,~CA. P01lA1f of Fort Pierce ~ Flozida ~StRI~ 4I~=.Cy~~ ~py~i __p RE~AIF1 vEF~~tfO Checked By f~-~ f~ 5 3 ai PH'73 $G~K2~~ r~E~i9(3 . . . = ~ . _ . _ _ , . _ r _