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To piace and continuously keep on the bu~!d~ng~ now or hsreafter ~Ituats on said ~and and on all equipment and persona~ly covered by thit mong- ags, wi~h s~l premiums thercon paid in fu11, lire iniurance ;n the ufual atsndsrd policy fo~m, in • sum app~oved by the MORrGAuEE, aRd windsram ~nsurance in the vsval irandard pol~cy iam, in • sum spproved by the MORTGAGEE, in such compsny w compen~es a~ tho MORiGAGEE may direct; and alI fire and windstorm i~surante policiei on any of said buildinps, ~ny interest Iherein or pa~t thereof, in the aggreqa~e sum afwesaid w in excest ~hereof, ihall contain the usual standard ma~ga9ee clause w such other claut~ a~ tM MatQages may requ~re, maAing tAe loss undzr aa~d poli- cies, each and every, p~yabte to ssid MORTGAGEE a~ its imeres~ msy ~ppea~, s~+d each and every such pol~cy shall be promptly ass g~ed and delivered ~o eny held by said MORiGAGEE ~s tu~~her ~ecu~ity to said mor~gage debl, and, not Ieu than ten (t0) d~yi in advancs of the expirat~on of each po~ity, to dr livsr to said MORIGAGEE a renewal thereof, ~oge?Fwr wi+A a race~p~ fw t1?e pr~mium of wch renewal; and ~here shall be oo ilre or windstorm i~s~~ance P~ated on any of said buildings, ~ny i~terest the~ein o~ part thereof, ~nleu in tM fo~m and with tM loss payable as atortsaid; and in the evenl any sum oi muney urcw~~es ye~o~i@ ~:::i~: i:.:h Y~t;.-~ ~;~!:_'s=t 3si~ ~!!?oTrercf .tiu 1.~„r ~ti. ~+n~:.,.. ~o receive a~d anoly ~he same o~ accovnl of the indabted- ness secured Ixreby o~ to permit ~sid MORTGAGORS to rcceive and us~ it o~ any parr the:eo( lor oti~e? purposes, .•.tthout ~h:~<br wai~~„~ o~ ,~~~p„~r. ing anY equ~ry, lien w iighf unde~ or by virtw of thia mortgage; uid in tM avent sa~d MORiGAGORS sAall for a~y rea:o~ fail to keep ~he sa~d premisrs sa insu~ed, or fei) to deliver prompt~y ~ny of said polities of in~ura~ce to said MORTGAGEE, w fail promptly to pay fu~ly any pre~n~um therefor o~ in a~y reapect Fail to perform, d~scharge, exetute, effed, tomplete, comply with ~nd ~bitle by this covena~t, w any part hereof, se~d MORTGAGEE may pbce a~~d pay fw tuch insurance or a~y part thereof without waivinp a affectirp any option, lien, equ~ty, or right undsr w by virtue oF this A1or~gage, and ~he fuli amoum of cach and every such payment ihall be immediately dve and payable and thail bea? interes~ from the date tl,ereof until pa~d at ~he raie of .--.-i ~.C' t:<-' . a--± • W:.ti ..~i. :.a.rwcr clull k+e secured by fhe lien of /hif AtWiyaQl. =s~ 1. To permit, commit ot s~ffer no waste, impairment or dete~+oration of said property p any parl thereof. 5. To pay all and singula~ the cosp, charges snd expenaei, includin~ a reaso~able attaney i fee and costs of abs~racts ot t~tle, incurred or paid at any time by uid MORTGAGfE, becauae or in tl+e event of Ihe failure on the part of tAe :aid MORTGAGOR to duiy, promptly and fv11y perform, d~scharqe. >xecufe, effect, complete, comply with and ab:de by each and avery the stipv~at+ons, agreements, condit~ons, and mvenants o1 said promissory nate and ~hii moregage any or ei~he~, ~nd sa~cl cosn, ch~rges and expenses, each and every, shall be immed~ately dve and payable; whether or not ihere be not~ca d> mand, attempt to collect or suit petxi~ng; and- the full amou~t of each and every such paymem :hatl bear in~eres? irom the date thereof unril pa~d at ?he •.~re o! nine per tentum rxr ar.num; and all said tosts, tharges and expcnus incvrted ot paid, togNher wdh suth interest, shall be secured by ~he lien of thif mortgage. 6. That (a) in the evem of any bresch of this Mortgage or default on the part of the MORTGAGOR, w(b) in ~he event any oi satd sums of money herein referred to be noe p~omprly and fully p~id within thirty (30) days nexi after the same sevaally b~tqne due and payable, without demand or no~ice, or (c) in the event eath and every tAe stiputations, agreements, cw~d~tions and covenanu of sa~d prom~ssory note and th~s mortgage any or e~~her are not i~ly, p.omptly and fully performed, d~uharged, execu~ed, effected, completed, complied with and abided by, lhen in either a any suth event 1he sa~d ag gregate sum mentaned in said promisswy note then remaining unpaid, wilh interest actrued, and aIl moneys secu~ed hereby, shall become due and pay- able fo~thwith, o~ thereatter, at the op:ion of said MORTGAGEE, as iully and completely as if all of the sa~d sums of money were orig~natty snpu+ared to be pa,d o~ such day, anyfhing in sa~d promisswy note or in this Mortgage to ~he contrary notwitFyts~d~ng; and thereupon or thereafter a~ the opt~on of sa~d MORTGAGEE, without notice or demand, suit at law w i~ equity, therefwe or therea(ter begun, may be proucuted as if all moneys secured hereby n,d matured priq to ns institution. 7. Thar in the event that at the begi~ninq of or at any tima pending any suit upon this Mortgage, or to foreclose it, or to refo.m it, or to enforce payment of any claims hereunder, said MORTGAGfE shall apply ro the Gourt han~g ~unsd~d~on thereof for 1he appo~nlmenl of a Rece~~er, wch Cw;rt shall forthwith appoint a receiver of said mortgaged property a(t and singutar, includ~ng all and singular the ;ncome, profifs, is~ues and ?eve~ues f~om whaterer source derived, each and every ot wh~ch, it being expressly understood, ii hereby mwtgagcd as if specifically set forth and descnbed in the gran~;ng and habendum clavses hereof, and such Receiver shali have all the b~oad and effenive funct~ons ar+d powers in anywise enuusted by a Cou~t,~o a Receiver, a~d s~.,ch appointmcnt shall be made by svch Cou~f as an edmitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the a~equacy w inadequaty of the value oi the property mortgaged or to the solvency or insolvency o( said MOR7GAGOR a the defendanls, and that such ren~s, profits, incane, iuues and revenues shall ix apptird by such Receivtr according to the lien or equity of ssid MORTGAGEE and the pracf~ce o1 such CouA. 6. To duly, promptly and fulfy pe?fo~m, discharge, execute, effect, complete, comply with and abide by each and every the stipuiations, agreements, cond:tions and covenants in sa~d promissory note and this mortgage set fwth. 9. That in the event fhe ownership of the mortgaged prem~ses,-a any part t reof, become~ vested in s person otber than the MORTGAGOR, the MORTGAGEE, its succeuws and ass~gns, may, witlwut notite ro the MORTGAOR, deal with such successor d iuccessor in interest wi~h reference to this mo~tgage and the debt hereby secu~ed in the same manner as with Mortgagor without in any way vitiating or d~xharging the Mortgagors' iiabil~ry here~ under or upon fhe debt hereby secured. Ne sale of the premises he~eby mortgaged and no torbearance on Ihe part of the MORTGAGEE or its successors or aasign: and no eatension of the time fw the payment of the debt hereby setured give~ by the MORTGAGEE or its successors or au~gns, ai~all operate ro release, d~xharge, modify change or affecf the original liabiliry of the MORiGAGOR herein, e+ther in whole or in pa~t. 10. It is apec~fically agreed that t;me is of the essence of th» contract and that no waiver of sny obligation hereunder or of the obligaYan se- c~red hereby shall at any time thereafter be held to be a waiver of the terms hereof or oi the instrument secured herby. 11_ In add~t~oa ro the forego:ng monthly payments of princpal and interest required by the promissory nore secured hereby, mortg~gor covenants a~.d agrces to pay to mo:rgagee with each monrhly payrr.ent an addiibnal sum estimated by mortgagee to be equa) to 1%12 af the annual cost of the fotlow- ~ng: A-All real prope~ty taxes levied or assessed against ~hc above desaibed real estate. B-Prenuu•ns on fire and windstorm insurance as herein requ~red to be carried on the ~mproveme~ts situate on the above described premisea, C-Prem~ums on such mortgage guarant~ ir.sura.~ce as morrgagee shal! from time to tlme deem fit to carry on the toan secured hereby. Mortgagee sha!I f~om time to time notify mortgagor in w.iting of t~ie amount due and payable hereunder and such sum sh~ll thereupon be due and ; ayabte on the due date of the next monthly paymenl artd each suctessive month thereafter ur,til marigagee shall notiiy mortgagar of a change in such ~~:ount. Such surns sF.ail be applied by morfgagee toward the payment of real property ta~ees, insurance prem:ums, a~x! mortgage gua~anty insurance n•emiums. IN Y~ITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day year first afwesaid. ~ 5 ned, SealeSl and deli ed in tht ~ i, !9 , ~ ' prespnce oF; ` ~ i (Seal) ~ ~ (Seal) (Seal) - M r e Crain ~~ai~ S~A7E OF FIORIDA ~ COUNTY Oi "SL. L1JC~Q ~ Before me personally appeared Jae k C ra in and Marv Lee Crain his w~fe, to me we!! known and known to me to be ~he ~~d~v~duals described in and who execvted the foregoing instrument, end acknpwlodged before me that they eaecuted the same fw the purposes rherein expressed. And the said Mary Lee Crain N~fe of the said Jack Crain upon a sepa~ate and privste e.am~nation by me tatcen separate and apart from her said husband, acknowledged to and before me that :he executed said inst~ument freely and volun- ranly and w~thout any compuls'wn, constraint, apprehension, w fear of w from her said husband. WITNESS my hand and offiual seal thii d,y Rebruar y A Q 19 73 . . . ~ ~ _ r / 'l L i L ~ ! t 1(_ ~ / ~ % - t_' i , . , n , / -~=-E.-L' Notary Pubtic in and for the late of F' y.a at Lar~' My ~ommission expires: / ' ~ • . . Return 10: ~ ' ~ First Fede~al Savir~gs a loan Associat~on NOTARY PUBUC, ST4TE pf~R~bj~ ~ ~pRGE _ Of iort P~erce. MY C'J:'ar~ssr~~N ~kfl~:q~.pc~ 2n 1975 ~ Fo.r P:erce, flo.ida RECOAflEO ~^a.-,- AN~ w: f ILE,~C~E COUNtY FU. . . St. l~a t`RAS ~ ' ` ` CEfi ' ~ OURT ` ~ .i , - " y~ ~~Ep VEFi~rEO~ / / - : , . This tr~strument Prepared ByD. F. HoletgerRE..~a First Federal Savings & loan Association ~ 1o O$ aM ~~3 of Fort Pierce , Rlorida ~Eg i Checked By ;~4'7;311 c~ ~G~~ 2~O ~~Gf ~~9 . ~.5 - - . . F . . , - - - - - i=^~ _ " ~ ~ - - ~'<..a