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To place and c~ntinuouily keep on the bu~~dinyf now a he~eafta ~ituaq on said land ~nd on all equip~nent ~nd pcrsonaliy cover~d by th~s mortg- sgs, with elt premiums thereon pa~d in full, fire insurance i~ ~he uiual itsndard policy form, in • sum ~pproved by the MORfGAGEE, and w~ndiram insuranc~ i~ IM us~al standard pot~cy (am, in ~ tum app~oved by the MORTGAGEE, in tuch company or companles ~s the MORTGAGEE may dirtct; •nd all fire and w7~dslo~m insurants policie~ oa any of ~id b~ild~nps, any inter~~t thcrei~ w part thereof, in ~he aggrega~e sum ~foresa~d w in aac~u ~hereof, ~Aatl contain tM usual standard moriya9ee tlauw w such othtr dauw ~t 1M Matyagea may require, maAinp the loss unde~ ea~d pol~ cies, e~ch and every, payable to i+~d MORTGAGEE iu intereit may ~ppe+r, ~nd each and every a?ch policy ~hall be promptly ais g~ed a~d dehvered ro any held by s~id MORiGAGEE as further security to uid mortpa9a debt, and, not leu than ten (10) d~yt in advante of the expi~ation of esch policy, to de- liv~r ro wid MORTGAGEE a re~uwal therwf, ttqat!?K with a ~et~ipt for the prtmium o1 tuth renewsl; and ther~ shatl ba no f~re or windstorm insurance placed on ~ny of iaid buildinpi, any intere~t therein or put thereof, unleu ie th~ form ar+d with tM 1ou payable as aforesa~d; and in the event any s~m of money becomes payable unde~ iuth policy or policiei uid MORTGAGEE ~hall have tM option to receive a~d apply the same o~ atcounl of the indebted- neu secured heroby or ro permit said MORTGAGORS ro receive ar.d ua it a any part thereof for other purposes, w~~hout ~hartui wa~.~,,3 or ~n~p~~r- ~~g any equity, lien w right under w by virtw of thii mo:spa~r, ~nd in tM ~vent s~id MORTGAGORS shall fw any reason iail to keep the said premisas so insured, or fail lo deliver promptly any of uid policies ol insurance to said MORTGAGEE, o~ fail promptly to pay fully any premium therelor or in a~y respect lail ro pafocm, discharge, execute, effed, complete, comply with and abid~ by this cove~~nt, w any par~ hrreof, said MORTGAGEE may place arW pay fw such insurance or any p~?1 tFarsof without w~ivup or affxtirq a~y option, li~n, equity, o? right unde? a by virtu~ of this Abr~gage, and the 1~II amoum of each and every suc~ payment shslt be imrncdiately dw +~+d p~y~bl~ ~nd shall bes. interest from ?he date thereof un~il pa~d a~ the ra~e ol nine pe~ centum pa~ annum ~nd together with suth interest shall be securod by ths li~n of this mortg~ge. 1. To ptrmit, commif or suf(er no waste, impairment w deterantion of ssid property or any paA thereof. S. To pay all and sirgulsr the costi, charget and expenses, includin~ s reasonable attwney i fee snd costs of abstracts of title, incvrred or paid a~ eny time by said MORiGAGfE, becauss or in the tvsn~ of the failure on the part of ~hs said MORTGAGOR to duly, promptly ~nd fully perform, d~xharge, execute, efiect, comptete, compty with and abide by ~ach ~~d every the atipulahons, a9reemenri, conditions, snd cove~ants o1 said prom~ssory note and th~i ma~gage ~ny w ei~her, and iaid cosn, cMrges and expenses, each and ~very, iMll be immcdiately due and payable; whether or not ~here be nor~ce dz mand, attempt to collect or suit pend~ng; ~nd tM f~ll a~nount of each ~nd every iuch paymeM ~hall be~r interest f~om ~he date thereof umil paid at the rate o! nine per centum per anuum; and afl said costs, char9es and expenses incurred ot p~id, together w~th ~uch interest, ihal) be secured by the lien of thi~ mortgsg~. 6. That (a) in the svee~t of any breach of this Mwtys~~ o~ def~u~t on the part of the MORTGAGOR, w(b) in the event ~ny of sa~d aums of money herein referrad to bs not promp~ly and fully paid wi~hin thirty (30) days aeat after the same saverally become due and payable, without demend o? ~ot~ce, or (c) in the event each and every the stipulatioru, agreements, conditions and covenants of sa~d promissory note and th~s mwtgage any w eithe~ a.e no~ ~uly, promptly and fully performed, d~xharqed, execu~ed, effected, completed, complied witA and ab3ded ~iy, then in either w any such event the sa~d ag- gregaro sum meMioned in ssid promiuwy note then remaininy uopaid, with intereit accrued, u~d all mo~xys setured hereby, sMll betome due and pay- able forthwith, a thereaite~, at ths option of said MORTGAGEE, u fully and complerely as if all of ~he said wms of money were originally s~~putared ro be pa~d on s~ch day, snythinq in said p?omissory note or in this Mwtgage to the contrary notwithstsndiny; and thereupon or thereaher a~ the opt~on of :aid MORTGAGEE, without notice w demand, wit at law w in puity, therefwe or thereafter begun, may be proaetuted at if ell moneys setured hereby had matured pr~or to its institution. 7. That in ths event that st tFx beginnin9 of or ~t any time pending sny suit upon thK Mwtgsge, or to foreclose it, or to refo.m it, or to enforce paymcnt of sny claims hereunder, said MORTGAGEE shall apply to the Court Mving j~risd~ction thereof for the appoi~tment of a Receirer, such Court ihall forthwith appoint a receiver of said morsg~ged property all aod sirgvlar, includ~ng all and singular the income, protits, issues end revenues from whatever so~rce derived, each and every of whrch, it beinp expreasly understood, is hercby mortgaqed as if spec~tically stt fwth and dewibed in the granting and habendum cla~ses hereof, and such Receive~ shall h~ve all the boad and effective funct~ons and powers in anywise entrusted by a Court to a Receiver, and s..ch appointment shall be made by such Cou?t as an admitted equity ~nd a inatter of absolute r~ght to ssid MORTGAGEE, ~nd v~~thout re(erence to the adrquacy w inadequacy of the value of the property mortgaged w to the wwency w insolvency of said AAORTGAGOR or the defendants, and ~hat such renrs, profits, income, iuues and revenues shall be spplied by such Receiver sccording to the lien w equity of said MORTGAGEE and the practice of such CouA. 8. To duly, promptly ~nd fully perfwm, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, cond~tioro and covenants in sa~d promiuory note and this mortgsge set forth. 9. That in the event the ownenhip of the mortgsged premises, w any pan thereof, becomet vested in a perwn other than the MORTGAGOR, tF,e 1~10RTGAGEE, its succeuors and assigns, may, without notite to the MOATGAOR, deal with such succeuw or successor in interest with reference to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiatiny a diuharging the Nbrtgagors' liability herr under or vpon thc debt hereby secured_ No wle of the premises hereby mortgaged •nd no fwbesrarxe on the part of the MORTGAGEE or its svccessors or assgru and no eatens~on of the time fa the payment ot the debt he.eby secured given by the MORTGAGEE or its tucceuws or ass~gns, shall operate ro release, d~scharge, modify change w afiect the original liab~l~ty of the AhORTGAGOR herein, either in wFwle or in part. 10. It is spec~fically agreed that time is of the esunce of this contrrct and that no waiver of any obligation hereunder w of the obligation sr cured hereby shall at any time thereafter be held to be s waiver of the terms F~creof w of the instrument secured herby. I1. In add~tion to the fo~ego:r.g monthly payments of princ'pal and interest required by the prom~swry nore secured hereby, mortgagor covenants an~ agrees to pay to martgagee with each monthly payment an add~rional sum estimatcd by mwtgagee to be equal ro 1/ 12 of the annual cost of the follow- ~ng: A-All real property taxes kvied or auessed agai~st the above described real estate. B-Prem~ums oo fire and windstorm insurance as herein requ~red to be carricd on the improveme~ts situate on the above described premises. j C-Premiums on such morlgage guaranty iasurar~ce as mortgagee shall from t~me to time deem fit to carry on the loan secured hereby. i ~ Mortgagee shall f~om time to time notify mortgsgor in writing of the amount due a~d psyable hereunder and such sum shall thereupon be due and ~ ayable on the due date of ~he next monthly payme~t and each successive month thereafrer ur.til mortgagee shall notify mortgagor of a change in such E a-~,ount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance p~em;ums, and mortgage guaranty ins~rance E p~emiums. i IN WITNE55 WKEREOF, the aid TGAGOR has hereunto set his hand snd seal the day and year first aforesaid_ , = Sig aled r the esence of: /~j ~ _ /~~l / ' ~~1-' ~Sesq ~ ~ Emi 1 R. Tanke t~,p E , ~ ~ _ ,1 t ~ , ts~a0 ~ _ ~ ` ' u ~ /rC _ T~ t~a~~ F S7ATE OF FLORIDA Au st M. Tanke ~ ~ COUNTY OF St. L.ilCle ~ Befwe me penonally appeared ~11 R. Tanke and ~ /~UQI~St M. ?anke his wife, to me well known end known to me to be the individuals described in and wFa executed the foregoirg instrument, and acknowledged before me that they executed the same iw the purposes ~ therein expressed. And the said Ay4lISt M Tanke ~ w~fe of the said vpoq.A.separaf~ ~nd priwte ¢ examinaHoo by me taken separate and apart from her s~i• usband, ackrawledged to and befere me that she execWed ssid irat~l~+snt f?~ly•end voluo- ~ ranly and without •ny compulsan, constraint, apprc s~oF, or fear of or from her s#id husband. ` ,~~t1~~ -~~~1 G WITNESS my hand snd offitial seal thi: ~ dsy of February q, ~,~19_Z~ _ : ~ , , . - , ~ ~ _ • .'s ~_~J i , r') G ~ µctary Public in ani! for the St• .of Fbrid~~t :~i7ge : - My Commission expireu ~ ~ . . ~ ' -y - Retum To: ~ ' ' ~ ~ ~ `l t ~ First federal Ssvings 3 loan 4ssociat~on ~ ^ ~ ~ ~ i ~ . . • • Of Fort V~erce. ~ - - ~ ~ Fort Pierce, Florida ~ fIlEO An~ RECO~ ST. lUC1E COtir;Y f ~ This Instrumerst Prepared By J. H. Robetts, Jt. ROGiP. P4~TRAS ~ = First Federal Savings & Loan Association CIERK :~~CU~T COUR~ of Fort Pierce ~ Flor ida qEC~-~~ YE~' fsf0 ~ ~ ~~3 - Checked By ~ o ~ 24'7'706 goox~l0 ~f,~~2839 ~ sb ~ ~ _ sr h~ . . _ . . _ ' --Y9~ ~ - I V =4 n~'w~ti~~"'!_'~.c" . l..~ . . . . .e.~.. . .ev . .~W,~'.S'?-~