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To place and cont~nuovi~y keep on the buildings now w hcreafte~ •~wate on sald ~and and on all equ~p~~en? and pcrsona~~y covered by th~s marig- egs, with al) premiums thereon pa~d in full, fire insurance in ~he usual standard po~ity form, io • sum approved by the MORtGAGff, a~~d w+ndstor~n inturance in the usual trandard po6cy torm, in a sum approred by the MORTGAGEE, in ~uch canpany or tompan~es ~f ~he M.7RTGAGEE may d~rcct; and ~II (ire ~nd windstorm insu~ante policies on any of ssid build~ngi, ~ny intera~t therein or part ~herrof, i~ tAe agg~ega~e sum aforesa~d w in excea thereof, shall contain the usual standa~d matgage~ dause w such orher claute a~ th~ Mongagee may rcqu.rs, maAinp ~he loss unde~ sa~d poli- c~es, cach and every, payable ro ssid MORTGAGEE as ~ts intereit may appea?, and each and every such pof~cy shall be prompily ais gned and de~iver.:d to any held by ssid MORiGAGEE as iu~ther security to isid mw~9~ge debl, and, ~ot lesi than ten (I0) days in advar,ce of ~he eapirat~on of each pol;cy, to da liver to said MORTGAGEE a ranewal lhersoi, ~oge~hsr with a receipt for the pramium o} such renewal; and there shall be no f~re or windstor~n insurance plated on any of said buildings, any interest therein or par~ thereof, unless in ihe form and with tM toss payable ai atoresaid; and in ~he e~e~~ any sum Oi mon~ uecw*~es e eu~a ~~:uc; ui10TfSAP_CC .6~4 A3,. ~ e ~ y re p Y M,,:••i r~..::~: ~•1r •••,~:n.. ~n eceive nd anolv the wme On acco ro of the inJebteci, ness secured hereoy a to permit sa~d MORTGAGORS Io recelve and use itf o~ any pa~~ thereof fo+ otoer purposes, .viihout ir o; ..,~~~.y cr ~~r~p„r- ing any equ~ry, I~cn w right under or by virtue of thi~ mo:tg~ge; and in ~hs event u~d MORTGAGORS shell fa any reason tail to krep ~hc sa'~d prem~s~s so insured, pr fail fo delivN promptly any of aaid policies of insur~nte to said MORiCaAGEE, or fail promptly to pay Futly any pr2~n~u~n theretor or in a~y respect fail ~o patorm, d~scharge, execuro, effect, complete, comply with and ibide by th7s coveoant, a any part hereof, said MURTGAGEE may p~ace a~~d pay fw such insurance or a~y part thereoF withouf waiviny or affeding any oplion, litn, equity, w righ~ under or by virtue of this hlor~gage, and thc f~tl amo~nt of each snd every such paymem shall be immrdiately dw and payable and thall bear interes~ from the date ~hcreof un~il pa~d a~ the raie ot t.cC :,..T ~.c~ 1~•J f"•~.~. _.:~1. _ y_6 ...~o ac aF.ali tv ucu.ed 6y tir tien oi th~a mwtoaae. ' 1. io permit, commit w suffer no waste, impairment w deterioration of ta+d propeny o~ any part thereof. 5. 1o pay aN and sinsula~ the cost~, charges and expenxs, ;ncluding a ressonable attorney's fee and costs of abstraas of ti~le, incurzed o~ pa~d a~ any time by said MORiGAGfE, becaute ot in the event of the failure on the part of the aaid MORTGI~GOR ~o duly, pron,ptly and fuily perform, d~scharge. exec~te, etFed, compkte, comply with and ab~de by each and every ~he atipvlanons, agreements, cortd~tions, and mvenanrs of sald prom~ssory note and ~h~s morrgaye any or ei~he~, and sa~d costs, charges and expenscs, each and evey, sMll be immed~ately due and payable; whe~fier or not ~hrre be not~ce dr mand, attempt to co11eN or suit pend~ng; snd the full amo~nt of each and eve~y such payme~~ shatl bea? imeres~ from the dare thereof unril paid at the ~~re of ~,ine per cenrim per an~~vm; and all said costs, charges and eYpenses incurred or paid, together with such in~erest, shall tx secured by the iirn of th~f mortgage. 6. That (a) in the event af any b.each of this Morrgage or defaulr on the pan of the MORTGAGOR, or (b) in the evant any of sa;d sums of money herein referred ro be not prompNy and fully paid wi:h]n th;rty (30) diys next after ~he same severally betome due and payabte, wnhout demand or norice. or (c) in the event each and every ~he st~pulations, agreements, co~d~t~ons and covenanrs of ss:d promissory note and th;s mortgage any or e~~her are ~o~ iuly, promptty and fully pe?formed, d~scharged, eaecuted, effccted, compteted, complied with and ab~ded by, rhen in e~the~ w any such evem fhe sa~d ag gregate sum me~tioned in said promissory note then remaining unpaid, vvith interesl accrued, and all moncys secured hereby, shall become due and pay- ebie forthwith, w thereafter, at the option of said MORTGAGEE, as fully and completely as ii alI of the said sums of money were or~g~natly snpv~ated ro be pa~d ae such day, anything in sa.d prom~ssory note or in this AAatg~ge to the tontrary notwithstand~ng; and thereupan or the~eafter at the opnon of sa~d MORTGAGEE, w~thout nor~ce w demand, suit at law w in equity, thereiwe or the~catter begun, may be prosecuted as if all moneys secured hereby nad matured pnor to rts institution. 7. That in the evenr thar at the beginning of a at any tims pending any suil upon th~s Mo~tgage, d to fwcclose it, or to refo~m it, o? to enforce payment o1 any daims he~eunder, said MORTGAGEE shall apply to the Courl bav~ng ~urnti~ct~on inereoi ior tne appv~nt~mr~i ot e ~~ce:.e:, z;:ch ",u:: ;h;.': fcrthwith appo~nt a receiver of said mwtgaged property all and singu~ar, inci~d~ng atl and singu~ar the income, prof~rs, issues and ~evenves fiom whate~er source derived, each and ev~ry of wh~ch, it being exprrssty vnde~srood, ~s hereby mo~tgaged as if speufically set forth and deuribed in the granting a~d habendum clauses hcreof, and such Receiver sha~l have all the broad and effective fvnct~ons and powers in anywise entrusred by a Court to a Rece~ve~, a~d s~ch appointment shall be madt by such Court as sn adm;tted equily s~d s matter of absolute right to said MORTGAGEE, and without refere~ce to the ndequacy a inadequacy of the value of the p~operty mwtgaged or to the savency or inso~vency o1 said MORTGAGOR pr the defendants, and rhat such re~rs, prof~ts, income, isaues a~d revenues shat( be apptied by such Receivcr accord~ng ro rhe lien or equiry o! aald MORTGAGEE and the pra<tice of such Court. 8. To duly, promptty and fully perform, diuha~ge, execute, effect, mmplete, comply wiih and abide by each and every the st~pulations, a9reements, conditions and covenants in sa~d promissory ~ote and this martgage set forth. 9. That in ttx event the ownership of the mortgaged premises, or any parf the~eof, becomet vr~ted in a pe~son other than fhe MORTGAGOR, the h10RTGAGEE, its successws and assigns, may, wifhput ~otite to the MORTGAOR, deal with such successo~ or successor in interest with reference to this mo~~gage and the debt hereby secured in the same manner as with AAortgagor without ~n any way vitiating or dixharging the Nbrtgagors' tiabitity here- ~~nder or upon the debt hereby secured_ No sale of the premises hereby mortgaged and no fwbearance on the part of the MORiGAGEE w its successors or ass~gns and no extension of the time fo? the oayment of the deb+ hereby secured give~ by the MORTGAGEE or ;1s successws w au~gns, aiwll operate ~ ro re!ease, d~scharge, mod~fy change or aHect 1he orig;nat liabilify of the MORTGAGpR here+n, eethe? in whole w in par1. 10. It is spec~fically agreed that time is of the essence of this contrsct and that no waiver of any obligat~on hereunder or of the obligation se- cured hereby shal! at any time thereafter be held to be a waiver of the• terms hereof or oi the instrument secured herby. 11. In addnioa to the forego:ng monthly paymeMS of p~inc pal and interest required by the prom~ssory nore setured hereby, mo: tgagor covenanh 3~:d agrees to pay to mortgagee with each monthly payment an add~rional sum estimated by mongagee to be equal to 1; 12 of the an~:ual cost of the follow- ~ng: • , A-All real property taxrs levied or assessed against thc above described real estate. B-Premiums on fire and windstorm insurar.ce as herein requ~red to be carried on the improvements situate on the above described premises. C-Premiums on such mortgage guaranty insurar~ce as morrgaqee shall f~om t~me to fime deem fit ro cairy on the toan secured hereby. Mortgagee sha!1 from rime to time notify mortgagor in writing of the amou~t due and payable herturtder and such sum shall thereupon be due artd ; syable on the due oate of ~he next month:y parmeM and each successive month thereaher ur,tit mwtgagee shall not~fy mortgagor of a change in s~ch .•~o~nt. $uch sumz sha;! be appiied by mortgagee toward the payment of ~eal p~operty ta~es, insuran~e prem.ums, and morigage guaranty insurance . c~emiums_ IN YlITNESS VYHEREOF, the said MORTGAGOR has hereunto set his hand and seat the day and year first aforesaid. Signed, Sealed and deiivered in the presence of: i; ' ~C~ ~ ` ~ Seal) (Sealj (Seal) lSeaq SiA7E OF fLORIDA ~ ~OUNTY OF St . Lucie ~ ' Befwe me perw~ally appeared `1~e1 Hatold liogan and ! Doris H. Hogan j his wife, to me wetl known and known to me to be the individusls described in and who executed the foregoing instrument, and acfcnowledged before me that they executed the same {w the purposes iherein expressed. And the aaid ~ris H. Hogan +v~fe of the said Joel Harold Hogan upon a separate and private ; exam~nation by me talcen separate and apart from her said husband, acknowtedged to and before me thaf she executed said instrument freely a»d vdlun- ! ranly and w~thout any computsioo, constraint, appr~hens~on, w fear of or from her uid husband. WITNESS my hand and official seal this- j da~ ~ Februa ry A. ~9~3 ~ ' -"-''~L___ : ~ % T/~ _ ' f`.!~ ~ . . - Notary Public in and iw t ~ate of fJ6rida a7 Largo- / My Gommiuion expires: ~ ~ . - Retum Ta , First Federal $avings 3 loan Associat~on fMQTARY PUB:IC. STA'Eo( iLO~iDA a~~ Of fort P~erce. I~:Y C0~' :'1S$~~' c„~ ~ ~ ~ ! X. ,I'~ •(?F~ )Q ~ Fort Pierce. Fforida ~~N Tn,n 4t~,;ra~ t~sy:,r`~Lry`~t'Nf{(C,s. , ` _ . . ~ ~ - ~._r'- - _ r_ _ . f~L~o ~r+~ ?fGflROEp ° ST. WC1E cauKtr Fu. , , . , This instrument Prepared By ~ahn W. Collins~~~~' ''~~f~~'S First Federal Savings 8 Loan Association ClfnK C~~~UiT COURT of Fort Pierce~ Florida QfCOfi^ vER~r~fO Checked ey f~~ ~ ~0 ~ ~ 0 ~ SOOK ~~Q PACE 24'7~12 ;S , ; : _ r._ - ~ . ~ ~ - ~ ~ vi..a• ~ wv T.~ _ _ ~ ~ > . " _ . . -y" ~ 2