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To pl~c~ and continuously keep on the buildinqi now w he~e~ft~~ ~ituate on said ~and and on ali cquip~nent and perso~a~ly tovered by this mortg~ ags, w~1h all premiums thereon paid in full, fire insurance i~ the u~ual sundard policy fo~m, in a fum approved by the MORTGAGEE, and w~nd~lo~m ~nivrance in ~M u~~ai ~~andard policy twm, in a sum ~pproved by tM MORTGAGEE, i~ iuch canpany or canpanie~ as the MORTGAGEE may dired; and ~II fi~~ and windatorm insurance po~icie~ on ~ny of said buiW~i+yt, ~ny iMere~1 therein or part the~eof, i~ 1he aflgregate ~um aforesaid w in exccu thereof, ~hall contain the uiual itandard matg~9se dsute a such other tlaus~ 1ht Mwtqsgt~ mey requus, makin~ ~he loss under sa~d poli- cias, each and every, payabl~ to said MORTGAGEE as its intere~t may ~ppea~, and each a~d evesy tuch policy shall be promptly ass.gned and delivered to •ny held by is~d MORiGAGEE as iur~he~ tecurlty to t~id mortpay~ deb~, and, not leu th~n ten (10) days in sdvance of ths eapirat~on of each pol~cy, to da liver ro said MORTGAGEE a re~ewal thereof, toge~h~r wi?h a rac~ipl for tM pr~mium of such r~newal; and there ~hall be no fire o. winds~orm insur~nce placed on any of said buildirqs, any intert~t ~h~rein or p~rt tMnof, ~nleu in tht form and wiih ths toss payable at ~foresa~d; snd in the event any sum of money betome~ payable undK such polity w policiet uid MORTGAGEE ~hall Mw tM oprion to rece~ve and apply the iame on accounl oi the indeb~ed- ness secur~ h~reby w ro pe~mit faid MORTGAG025 to reteive and uN it ot any part thereol for othcr purposes, v.~~ho~t ~h_rcu~ wai~i:~g or ~n~p;,~r- ing any equ~ty, lien w right under w by virtw of this mortgage; and in the avenf s~id MORTGAGORS shall fw any reaion iail to kerp the iaid premisrs so insured, w fail to delivcr promptly ~ny of said policies of inturant~ fo said MORTGAGEE, o+ fail promptly to pay fully any pre~nium therefw or in a~y respect fail 1o pe.fpm, disch~rge, execute, etf~ct, complets, comply with ~nd abid~ by this covs~ant, w any pa~t he~eof, sald MORTGAGEE may p!ace and pay fw such insurance w any pirf thersof without w~ivin~ p ~ffsctirg any option, lien, cquity, w ri9ht under w by virtue of this Mw~gage, and the full ~mount of each ~nd ev~ry s~ch payment shall be in+mediately dw and paysble and shsll bear interesl from the dale ~hereof until paid at the ra~e ol nine per centum per annum and tay_the~ with such interest shall be secured by the lien oi thii mortyage. 1. To permit, commit or suffer ~?o wssfs, impairmenf a deterior~tion of said property w any part thereof. S. To pay •II ~nd iin9~lar the costs, chuges end expenses, including a reaso~able attaney i fce and cosrs of abstracts of title, incuncd or pa~d at any time by uid MORTGA6EE, betause or in the event of the failure on the part of the said MORTGAGOR to duly, promptly ~nd fully perform, d~scha.qe. execute, ef(ed, complete, comply w~th and abide by tsch ~nd every the stipulations, agreemenri, tonditions, ~nd covenants of said p~omissory note and th~~ mortgage any w ei~her. and sa~d costs. charges •nd eapenses. each and every, ilall b~ immed~ately due snd payable: whether w not rhe.e be no+rce dr mand, attempt to colkct w suit pending; ~nd tht ful) amount of tach and every such payment shall bear interest from the date thercof until p~id at the ~a~e of nine per centum per annum; and all said costs, charges and expenses incur~ed or paid, together w~lh such i~teresL shall be secured by the iien of th~~ mortgage. 6. TMf (a) in fhe ~vent of any breach of this lNortgay~ or defaulr on tM part of the MORTGAGOR, w(b) in the event any of sa~d iums of money herein referred to be no1 prompNy and fully paid within thirty (30) days next after the tame seve~ally become due and payable, without demand w notice, or (c) in thr event each and every the stipulations, agresments, conditions and coverunts of sa~d promissory note and th~s mortgage any w e~ther are no1 ~uly, promptly and futly performed, diuh~rged, executed, ~ffecied, compkted, complied with and abided by, then in either w any such event the sa~d ag gregste wm mcntioned in said promiuory note then romaining unpaid, with imerest ucrued, and a11 moneys secured hereby, shatl become due and pay- eble forthwith, a thereafter, at the option of said MORTGAGEE, as fully and cample~ely a~ if all of ~he uid sums of money were orginally tt~putated ro be pa~d on such day, anything in said promiuory note or in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at the opt~on of sa~d MORTGAGEE, w~thout notKe w demand, iuit at law w in aquity, therefore a thercafur begun, may be prosecuted as if all moneys secured FKreby had matured prfw to iq institvtion. 7. That in the eYent that ~t the beginnirg of or sf ~ny time pending sny suif upon this Mortgsge, w to foreclose it, or ro refum it, or to enforce payment of any claims heaeunder, said MORTGAGEE shall apply to the Court Mving jurisd~aion thereof tw ~he sppointment of a Receiver, wch Court shall forthwith appoint s receiver of said mwtgaged prope~ty ali and singular, i~ctud~ng all and singular the inmme, prof~ts, iasues and revenues from whatever se~rce derived, e+ch ~nd every of which, it be~n~ expreuty understood, ii hereby mortgaged as if spec~ficalty ut fath and described in the yranting and habendum clauses hereof, and svch Receiver shall have all the bro~d and effective fund~ons and powas i~ anywise entrwted by a Covrt to a Rece~iver, and such sppointment shall be made by such Coun ~s an admitted equity and a matter of absolute right to said MORTGAGEE, and without refere~ce to the edequaq a inadequacy of the valve of the property mortgsged or to the sofvency or insotvency of said MORTGAGOR or the defendants, and that such renrs; profiK, irxome, iuues ~nd revenues shall be applied by such Receivcr according to the lien or eqvity of said MORiGAGEE and the practice of such Courf. 6_ To duly, promptly and futly perfw.m, dixharge, execu~e, effect, complete, comply with and abide by esch and every the stipulations, agreements, conditions and covenants in said promissory note and this rtwrtgage set forth. 9. That in the event the ownenhip of the mwtgayed premises, a any part thereof, becomd vested in a perwn other than the MORTGAGOR, the MORTGAGEE, its succeuas and auigns, may, without notice to the MORTGAOR, deal with such successw or succesaor in interest with reference to this mortgsge ~nd the debt hereby setured in the same manner as with Nbrtgagor without in any way vitiating or diuharging the Mwtgaqo~s' liability here- under w upon the deb~ hereby secured. No wle ot the.Fremises hereby mortgaged ~nd oo fabearante on the put of Ihe MORTGAGEE or its succeswrs or assigns and no exte~sion of the time for the payment of the debt hereby secured given by the MORTGAGEE or its :uccessws or auigns, shal~ operate ro release, dischargs, modify thange w affect the wiginal liabiliy of the MORTGAGOR herein, eithet in whole w in p~rt. 10. h is specifically agreed that time is of the esxnce of this contract and that no waiver oi any obligation hereunder or of the obligation se- cured hereby shall at any time thereafler be held to be ~ waiver of the terms hereof or of the insuument secured herby. 11. In add~tion to the forego:~g monthly payments of princ'pal and interest required by the prom~ssory note secured hereby, mortgagor covenants ar,d agrees to pay to mortgagce w~th each monthly payrnent an add~rional sum est~mated by mwtgagee to be equal to 1/i2 of the annual cost of the follow- ~ng: A-All real property taxes levied or assessed agai~st the above described real estate. B-Premiums on (ire and windstorm insurance as herein requ;red to be carried on the improvements situate o~ the sbove described premises. C-Premiums on such mortgage guaranty insurar,ce as mortgagee shall from t~me to time deem fit to carry o~ the ban secured hereby_ Mortgagce ~shall from time to time notify mortgagor in writing of the amount due and payable hercunder and such sum shall thereupon be due and Fayable on the due date of the next monthly payment and each successive month thereafter urtil mortgsgee sha~l notify mortgagor of a change in such ~mount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty insurance premiums. j IN WITNESS WHEREOF, the said~INIORTGAGqR has hereunto set his hand and seal the day and yesr irst aforesaid. E Signed, Sealed and de)iv~red in` the presence of: ~ , ~ ~c ~ / -~y ; - ~an ^ ~ ! _Roy A . Hodges ,~a~> E - (Seal) T'~.~.E'~ l[~/,~ - - Z~C (Seaq t STATE OF FLORIDA W1L9d R. HOCjC}@5` ~ ~ SS. COUNTY OF St • i't)C ie ~ Befwe me penonally appeared Roy A. Hodges a~ Wilma R. Hodges ~ his wife, to me well known and known to me to be ~ the individuals desuibed in and who e:ecuted LF~.lf n~qp.intttumant,easnd atknow(edyed before me that they eaetuted the same for the purposes ~ rherein expressed. And the said W 1 K fiOQ J ~ ~~Fe of the sa~d Roy A. Hodges upon a separate ~nd p?ivate ~ examinat~on by me taken sepsrate and apart from her said husband, acknowledged to and before me that ihe e:ecuted said instrument fteely and volun- ra.ily and wfthout any compulsion, comtraint, spprely~~i~, or fear of or from her said husbsnd. - ~ WITNESS my hand and official seal this N day of A. p, ,1q_~ - - ~ ' - ' . -Z ~ • ~ N tary Public in snd fw t State of ~jorida atztbrge~ - • My Commiuion expires: ~r ~ ~y ~ : Return Toa ~ / ' ~i ~ _ First federal Savings Loan Association ~ - ~ ~ _ _ = Of fort P~erce. ~ ~ ` 1 ~ ' ' Fort Pierce. Florida : ~ ~ ~ FILfO ANn ' , . ' ° ST. IUC~E COUM1r FU ~ ~ t,, ~ ROCE~ •-OiTRAS ~ , . CIEAR C:r;,Ult CpUFtT1~ This Instrument Prepared By Gary F. Ellwood RFCOP.~ yEF ~;EO ~ First Federal Savings b Loan Association ; of Fort Pierce ~ Flai i~ FE8 ~3 ~ 4: 1016 AN 13 Checked By '~"71~ ~ BooK210 PA~E266~ _ _ S~ :F ~ ~ - - - ~ _ s.. ~ ,M = - _