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To p~ece and co~rinuoue~y 4eep on the bu~:d~~+gs now a here~fter ~~tu~te on said Iand and on sll equipment and personally covered by this mwtg- age, w~th all premiums thcreon pa~d in iull, fire insur~nts in the usual uandard policy form, in a tum apFrovtd by tAe MORTG~GEE, and windsto~m ~nsurance in ths usual srandard pol~cy fwm, in • sum approved by tM MORTGAGEE. ~n tuch cQmpany or canpan;es ai ~ht MORTGAGEE may direct; and all fire and w~nds~orm in~urance po~iciet on +ny of said buildmps, ~ny interei~ therein or part the~eof, i~ ~he agg.ega~e ium afwesa~d w in excess thereof, shalt contain the usual s~andard mortgaye~ c~+u:~ a iuch orFxr davse as tM Matyagee may requ~r~. makinp ~he 1ou undr~ ia~d poli- c~es, each and every, payable ~o said MORTGAGEE at its intere~t may appeu, and each and every such pol~cy sha11 be p~omp?ty ass gned a~d deliveted ro eny held by se~u TtOR1GAGEE as tunhe~ security to said mortpape dobt, and, not leu than ten (10) day in advance oi the expi~atio?~ of ea:h poticy, to da Gver to said MORTGAGEE a renewal thereof, toge~F»r with a receipt fw tM premium of tuch rer.ewal; and tF~ere thall be no I~~e or winds~o~m inwrancs placed on +ny of said buildingY, ~ny interest the~e~n or part thereof, unless in tF+s form snd with Ihe lou payable as +~wesaid; and in Ihe event any sum of money beca~nes payabte under such policy o~ policies said MORTGAGEE shal) have the opt~on fo reteive and apply the ume on acco~nl of the i~~dab~ed ness secwed hereby w ro permit said MORTGAGORS ~o receive and us~ +t a any part +hereot fo~ other purposes, w~rhour ih_.cb~ wa~~~~~~ e~ ~~~~pa~~- ing any equ~ty, lien or righl under or by virtue of this mort9sge; ~nd in 1'ne .vent said MORTGAGORS shall for any reason fail to keep the sa~d p?emisae so lnsured, or fail to deliver promptly ~~y of uid po~icies of insun~ce to sa~d MORTGAGEE, w fa~l promptly to pay fully any premiu~n therefor w in any respect fail to perfwm, d~scharge, execute, etfect, comple~e, canply with ~r+d abid~ by this tovenant, p any parf hzreof, sa~d MORTGAGEE may ptace a~~d pay fa such inavrance o~ any part thereof wi~hout waivinq a affectinp any option, lien, equ+ty, or ~ight under a by virtue of th~s Matgage, and the tull amounl of each and every such payment shall be immediately due and pay+ble and sF~all bea~ interest }rom the date ~hereof until pa~d ai ~he ra~e ol n~ne per cenrum per an~um and to~ether wi~h such inreres~ sha11 be ucured by the lien of this rrwrtga9e- 1. To pe~mit, tommit ot suffer no waste, impairment o~ deterioration oi said property p any part thereoi. S. To pay all and singulu the coats, charges a~d expe~ses, includinp a reasonable atto~nry's fee and costi of abstracts of tit?e, incurred or pa:d a~ any time by uid MORTGAGfE, because or in the event of the failure on the part of Ihe said MORTGAGOR to duly, promptly ~nd fu!ly pe~iwm, d~scharge. ~xec~ro, effed, complete, comply with and ab:de by each and every the stipulations, agreements, conditions. ~nd mvenams of sald p~om~ssory nore and ~his mo~tgage a~y or ei~her, and said costs, cMrges and expenses, esch and every, shall be immediatety due and payabte; whether a not there be notice da mand, attempt to col:ect a suit pend~ng; and the ful) amount of esch and eve?y such payment shall bea~ interest from the date thereof unril Fa~d at the r.,~e of n~ne per canwrn per annum; and all said costs, charges and expenses incurred w paid, together w~th such interes~, shall be secured by the I~en of thls mortgage. 6. That (a) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, w(b) in the event any of sa:d sums of money herein referred to be not promptiy and fully paid within thirty (30) days nexl after Ihe same seve~atly become due and payable, without demand o~ notice, or (c) in the event each and every the stipulations, agreemenes, conditions and mvenants o~ sa~d promissory note and th~s mortgage any or either are no1 ~uly, promp~ly and fully performed, d~xharged, ezecured, effected, completed, complied with and ab~ded by, then in e~ther w any such evenl the sa~d ag gregate sum mentioned in ssid promissory note then remaining unpaid, with interest accrved, and all maneys secured hereby, shall become due and pay- able forthwith, a thereafter, al ~he option of said MORTGAGEE, as fully and completely as if all of the said sums of money were o~~g~nally st~pulated ro be pa~d on such day, anything in ss;d promiuory note or in this Mortgage to the comrary notwirhstanding; and thereupon w thereafter a~ ~he opuon of s~~d MORTGAGEE, without notice a demand, suit at law or i~ equity, therefore w thereatte~ begun, may be prosecuted +s if all moneys secured hereby n~d matured pnor to its institution. 7. That in the event that at the beginning of a st ~ny time ptndirg any suit upon tF,is Mwtgsge, w to foreclose it, w to reform it, or to enforce payment of any claims hereu~der, said lNORTGAGEE shall appty to ihe Court having jurisdiction lhereof for the appointment of a Receiver, suth Courf :hall forfhwith appo~nt a receiver of said mortgsged property all and singulu, i~clud~ng aIl and singul~r the income, profits, issues and ~evenues from whatever source derived, each and every of whKh, i~ being expressly unders~ood, is he~eby mortgaged as if speuiically set forth and dexribed in ~he g?ant~ng and habendum clauses hereof, and such Qeceiver shall have alt the broad and effective funct~ons and powcrs in anywise entrusled by a Court to a Rec~iver, and s~ch appointment ahall be made by such Court as an admitted equity and a malter of absolute right to said MORiGAGEE, and without refe~ence to the adequacy or inadequacy of the value of the p.operty mortgaged w to the wivency or insolvency oi said MORTCaAGOR or the defendants, and tha~ such rents, profits, income, iuues and revenues shall be applied by such Receiver atcording to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To duly, promptly and fully perform, dischsrge, execute, effKt, mmpkte, comply wi~h snd ab~de by each and evcry the stipulations, agreeme~ts, conditions and covenants in sa~d p?omisswy note and this mortgage set foreh. 9. That in the event the ow~ership of the mortgaged prcmises, or any part thereof, becomes vested in a person other tha~ the MORTGAGOR, the M1IQRTGAGEE, its successo~s and assigns, may, without notice to the MORTGAOR, deal with s~ch succeuw or successor in i~terest with reference to this n,o~tgage and the deb~ hereby secured in the same manner as with Mortgagor without in any way vitiating w d~xharging the Mortgagors' liability herr under or upon the debt hereby secvred. No sale of the premises hereby mortgaged and no forbearsnte on the part of the MOATGAGEE or iti successors or ass~gns and no exte~s~on of fhe time fa the payment of the debt hereby secured given by the MORTGAGEE or its successors or auigns, a~~all operate to release, d~scharge, modify change or affect the original liability of the MORTGAGOR herein, either in whole or in part. 10. It is speufically agreed that time is of the essence of this contract and that no waive? of any obl~gat~on hereunder or of the obligatan se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrume~t secured herby. 11. In add~tion to ~he fwego'rx~ monthly payments of princ"pal and imerest required by the promfssory no~e secured hereby, mortgagor coveoants and agrees to pay to mortgagee with each monthly paymero an add~rional wm estimated by mortgagee to be equal to 1 f 12 of the annual cost of the follow- ~ng: ~ A-All real property ta:es levi>d or assessed agaiast the above described reat estate. B-P~emiums on fire and windstorm insurance as herein requ~red to be carried on the ~mprovements s~tuate on the above described oremises_ ~ C-Premiums on such mortgage guaranty insurance as mortgagee shall from rtme to time deem fit to carry on the loan secvred hereby. ; Mortgagee shail from ~ime to t~me notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and ,.ayable o~ the due date of rhe next momhly payment and each s~ccessive month thereafter ur,til mortgagee shall notify mortgago~ of, a change in such ~ a^;o~nt. Such sums sha:l be applied by mortgagee toward the paymeM of real property taxes, i~surance prem:ums, a+id mongage guaranty inwrance _ ; remiums. ~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto ut his hand and sea~ the day and year first afwewid. ~ Sigr~ed, and ~ivered in the presence of: ~ ' b r ~ Seal) € ~ _ l5eal) ~ ' (SeaQ ~ , ohanna Sternber ~s~aq ~ STATE OFiiOQiDA Maryland 1 ~ } SS' ~ouNn oF ~Gn'~7L~CMC-RY ~ Befwe me personally appeared ~z=~5 Sternberg end ~ Johanna Sternbera his wife, to me well known and known to me to be ~ the individuals desuibed in and who executed the foregoing instrument, and acicrwwtedged before me tha~ they e:etuted the same for the purposes ~ rhe.ein expressed. And the said Johanna Sternberg ~ r,~fe of the said Morris Sternberq upon a sepa.ate and private ~ e.am~nation by me taken sepaiatt and apart from her said husband, atknowledged to and before me that she executed said instrument freely and volurt- ~ ~ari~y and withoyt, any compuls'ion, tonstraint, apprehension, or fear of or from het said husband. ~ 7'Q'P'~. Februar y A_ D. 19 73 WITNEbSt ~nd offitial seal thi~ ~~D day of ~v'. . . ~ ~ ~i ~ '[i! - -Y7~=t t- ''l ~~~O . Notary Pu in snd for the State of Florida at Large z ~ • ? - : `J . ' My Commiuion expires: r / ~ - i Y 7~ ~ eRgtyrn id ~ = - First :Fgderal Savings 3 loan :Associat+on fILEQ ~MC REM pRQ~~ ~'3 I7 v~f.Eort ~`Er!~ LUC+~~ Tl~~ Y ' Si~ i F . , Fort Pierce~; Flor~'tir~ R3G:"R r~}ITQ~~ ` ~ Glfkti Ci~CU:T COUf~T ~ - ~t ; Y yL~\• ~ RECnRD YEr:~~ED~~e+ °~:y This Instrument Prepared By J.H. RobeYts ~ J=. ~e 8 8 ~M '13 First Federal Savings 8~ Loan Association of Fort Pierce ~ FlOrida 24'7455 ~ Checked By ~~.s- s ~ z M~ BOOK ~~O ~ACf ~ n ~ 1 s ~ _ ~,~.r~~m _ . _ ~~.._v_