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To p~ace and continuously keep on the buildinys now w hereafter ~ituate on said land and on a~l cqu~pment and penona~ly covered by ~hl~ ma~g- egs, w~th all p~emiumi the~eon pa~d i~ iull, fire insursnce in ~he u~ual standard policy form, i~ • wm approved by rhe ti10RiGAGEE, and w~~deto~m ~nsuranc~ in ~M usual ~undard pot~cy fo~m, tn ~ sum approved by tM MORTGAGEE, in iuch compsny or compan~e~ ss tt~e MORTGACEE may direct; and all fire and w~ndstorm inturonce policies on a~y of ~~id build~nps, ~~y iMe~ssl therein or pa+f Ihereof, in tM aggreya~e tum ~laeuid o~ In exceu thereof, tAall contain th~ u~ual standard morrga9ee clsuse w such other clause ~s the Nbrtgagee may requ~rs, makinp ths loss unda ~a~d poli- c~es, each and eve~y, payabts to s~id MORTGAGEE a~ its imerest msy appear, ~nd each and every such po!icy shall be prompfly ~~s 9~ed a~d deliverrd ~o any held by uid MORTGAGEE as furthtr teturity to ~aid mortya~e debt, ~nd, nor less than ts~ (10~ dayi in adva~ce of ~he expiration of each policy, to da live~ to ~aid MORTGAGEE • r~nswal th~reoi, topether with • reteipl fot ths premium o1 such renewal; snd then shall be n0 f~re or winds~orm insurance placcd on any of taid bvitdinps, ~ny intereil 1Mrein or p~rt 1MreoF, unleu in tM form •nd with th~ lotis pay~ble ~s atwss+id; snd in th~ event •ny sum of money becomes payable unda wch policy a pol~cies iaid MdRTGAGEE ihall Mve ths option to receive snd apply the same on accovnt of the indebted- nesi secu~ed Mreby o~ fo permit faid MORTGAGORS to ~eceive end us~ it p any parl Ihe~eof ior ofher pu~poses, w~~ho~t th~~ebt waivi~:g o~ ~n~peir- ing ~ny eq~ity, IiM Of fi9I11 UndN Of by virtw of this mo:t~aye; and in the ~vent ~a~d MORTGAGORS shall fw ~ny reason fail to keep ~he aaid p.em~sai so insured, or f~il ro delive~ p~anp~~y any of said policies of insur~nts to aa~d MORTGAGEE, w fail ptomptly to pay fu:ly any premi~m therefw or in any respect fail b pNForm, d~scharye, eaecute, ~ffsct, complete, comply with snd abide by thia covenant, a any pait he~cof, sa~d MORTGAGEE may place a~d pay fw ~uch in~urance a any part tMreof wi~houl w~ivinp a affectinp any op~ion, lien, equity, or riph~ under or by virrue of thii Mortpaye, ~nd fhe fu11 amount of each and every ~uch payment shall be immcdi~tety dw and payable ~nd ~hall bear interest from ths date therco( u~ti! paid a~ the ~ass ot n~ne per centum pe~ annum and toyefher with such intcrest sha11 be secured by the lien of th~i mwtpage. To permit, commit or s~ffer no waste, lmpairment or deteriontion of said prope+ty a any paN thereof. 5. To pay all and sinyul~r the costs, cha~ges snd eapenui, including ~ reaioneble attorney'~ fee and cost~ of ab~tracts of title, incurred or pa~d at any time by said MORTGAGEE, becauae d in the event of the failure on Ihe par~ of ~M said MORTGAGOR to duty, promptly and fvlly perform, d~xharge, sxecu~s, effect, complete, comply with and ab~de by each and every the stipulations, apreements, cond~tio~u, and cove~snts of said promi:sory note and t~is mortysps any w ei~her, +nd taid costs, charge~ and expenses, each ar+d every, shall be immedi~tely dw ~nd payable; whethe~ a not there be noTice dr mand, attempt to rnllect w suit p~nding; and th~ full smouM of exh and every suth paymeM thall b~e~ inter~st from Ihe da+e thereof until paid N the rate of nine per centum per an~~um; and all said costt, charges and expenses incurred or paid, together with such interest, shall bs secured by the fien of th~~ mwtysy~. 6. That in rhe ev~nt of any breach of this Mortgsge or def~ult on the part of the MORTGAGOR, a(b) ie+ the event ~ny of ~atd sums of money herein referrsd to be not promptly ~nd fully paid within thirty (30) days next aiter the same severally become dw snd payable, withoul demand w notice. o. (c) tn the event each snd every the stipulations, agreements, conditeons and covenanrs of as;d promiswry oote snd th~s mortpa9e any or e~~he? are no1 ~uly, promptly and fully performed, discharyed, executsd, effected, completed, compl~ed with ~nd sbided by, then in e~ther w•ny such event the said ag ~regate wm mentaned in said p?omissory note then remaining unpaid, with intereit accrued, and atl money~ secured F~ereby, thall become dw and pay- ab!e forthwith, u ~hereafter, at the option of uid MORTGAGEE, si fully and completely as if all of the said sums of money were oriyinally tGpulates! ro be pa~d on such day, anything in sa~d promiuory note w In this Mortgsge to the contrary notwithuanding; and thereupon w thereafter at the opiion of sa~d MORTGAGEE, without notice or demand, suit at Isw a in eqvity, therefore w thereaf~er beyun, may be prosecuted as if all moneyt ucured hereby nad maturtd pnp Io its irotitution. 7. That in tl+e event thst st thc beginninp of a at any time pending any suit upon this Mortg~ge, w to fweclose it, or to refam it, o? fo enforce payment of any claims hereundrr, said MORTGAGEE ihalt spply to the Court havinp juriid~ction thereof fw the appointment of • Receiver, such Court shall forthwith appoint • receiver of uid mort~aged property all ~nd sin~ular, inclvdmg all and •i~gular the income, profits, i~sues ~nd revenues from whatever source derived, esch ~nd every of which, it beirg expreuly unders~ood, i~ hereby mortgaged as if ~pecifically set forth and described in the y?~n~ing and habendum clavscs hereof, and iuch Receiver shall luve all the broad snd effeaive func~~oni ~nd powers in anywise entrustcd by a Court to a Recei~er, a~d i~ch appointnxnt slwfl be made by ivch Court +s an admitted eqvity and a rt+atter of absolute right to said MORTGAGEE, e~d withcut reference to the edequscy or inadequacy of tM value of the properry mortyayed or to the soivency or insolverxy of t~id MORTGAGOR or the defendann, and that such •enn, profit~, income, issues and revenues shall be applied by such Receiver accordinp to the lien a equity of seid MORTGAGEE and the practice o1 such Court. 8. To duty, promptly snd fully perfwm, dixharye, execute, effed, comp~ete, comply with and abide by each end every the stipulations, agreements, condit'ans ~nd covenants in sa~d promisswy note and this mortgage set forth. 9_ That in the event the ownership of the mortgaged premises, or any part thercof, becomes vested in • person other than the MORTGAGOR, the h',ORTGAGEE, ib succeuori and a~s~gns, may, wi~hout not~ce to the MORTGAOR, deat with such successw a successor in interest with reference to this mongaga and the debt hereby secured in the sartae manner af with Mortgsgor without in any way viti~ting or dixharg~ng the Mort9agors' liability herr ~nder or upon the debt hereby secured. No sale of the premises hereby mortgsged and no forbearance on the par~ of the MORTGAGEE or its successws or assigns snd no exrcnsion of the time fw the payment of the debr hereby secured ~iven by the MORTGAGfE or its successws w assi9ns, ?hatt operate ro releax, discharge, modify change or affect the original lisbility of the MORTGAGOR herein, either in whole or in part. 10. It is specifically agreed thst time is of the essence of this contract snd that no waiver of sny obl~gst~o~ hereunder or of the obligsta~ sr cured hereby shall at any time thereafter be held to bo a waiver of the terms hereof u of the instrument secured herby. 11. In add~tion to the forego:ng moMhly payments of princ'psl snd intere:t roquired by the promiswry nore secured hereby, mortgagor covenants and agrees to pay to mo:tgagee with each monrhly payment an add~r~onal sum est~mated by mortQagee to be equ~l to 1/12 of the annual cost of the follow- ing: A-All real property taxes levied or assessed agai~st the above described real estate. ~ B-Premiums on fire ared windstotm insurance as herein requ~red to be carried on the improvements situate on the above described prcmises. C-P~emiums on such mortgage guaranty insurar,ce as mortgsgee shall from t~me to time deem fit to carry on the loan secured hereby. Mortgagce shall from time to time notify mortgagor in writing of the amount due and paysble hereunder and such sum shsll tF~ereupon be due and ,ayable on the due date of the nezt monthly payment and each successive month thereafter ur.tit mortgsgee shall notify mortgagor of a change in svch a~~o~nt. Such sums shall be applied by mwtgagee toward the paymeM of real properiy taxes, insurance prem~ums, and mortgage guaranty insurance ~ p~emiums. ' 1 IN \VITNESS WHEREOF, the said MOR7GAGOR has hereunto set his hand and seal the day year first aforesaid. ~ _ Signtd, Sealed and delivered in ihe p~esence of: ~ ~ ; ; ~ • } ~ Seal) ~ ' (Seel) > _ ~ _ ~ ~Gyr C (Seal) > Pauline Krua ~~,q ~ - ~ , , ' STATE OF FIORIDA ~ ::oUNTY OF $t. j.t1C1@ ~ ~ .~d I~Zllm ~ Before me personally appesred y and ~ Pauline Krun his wile, to me well known snd known to me to ba the individuals deuribed in and who execwed the fwe~oiny instrument, and ~cknowledged before me thal they executed the same fot the purposes ~ rherein exprefsed. And the ~aid Pauline Krum ~ Ja Rrua ~ +.~(e of the ssid y upon a separate and priv~ts r exam~na!:on by me taken sepa~ate a~d apan from her said husband, scknowledged to and before me that she executed said instrumapt.freely ~nd volun- { ~anly and w~thout any compulsion, constraint, appreh1an~ion, or fesr of or irom her said husband. • ~ WITNESS my hand and officlal seal this J ! ~ ~ day os ' ' Febru~~ 1~ _ _ ' ~ _ _ ./~'~j, ,~q":73 _ d ~-'t ~ f : c-j c~ ` j_t~ : ~ . - = N tary Publ~c in a for/~the State ot Fbrlda ~1 larye - My Commission expire~t._ ! Y ' • « ~/~i7~ Return To: 1 t. i~ a Z- j- r.. - " First federal Savi n gs d~ loan Associat~on ~ ~ Of Fort P~e:te. i ~ ~ . ~ . . . . " ~ Fort Pierce. Norida , ' • - ` ~ S ~ ~ ~ ~ - ~ it' ~ : . , . ~ . FILEt fl~~E~ -s st_:.ac,~ :.~«n fU?. :3 This Instrument Prepared By Richard K. Kayes ~ta~~' `':''"a*S ~ . First Federal Savings ~ Loan Association ~,~~F CDURT of Fort Pierce~ Florid2? RT~~~ ? Checked By`~- ~EO ~Q 16 A~ ~ 13 ~ z~7~ss ~ °ooK210 ~acf2~59 ; - - - - - : l-' ~<'°V'~`~+?~:" . _ _ ~ _ " _ ~ . . . . ..~_v ..,r:.~~=