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To ptace snd continucwsly keep oo the twi:J~r,gs ~iow a hereaft~r s;twte on uid ia~d aod on s0 equipnent ~nd pcr~onally covared by thii mpt¢ p~. w~tb ~II p~em~um~ thereon pa~d m futl, t~re insu~rnca i~ rhe usual •rarsderd po~'ecy fam, in a tum approved by the MORIGAGEE, and windsiwm intu~anc~ i~ ~hs u~val t~sndard pol.cy form, in • sum approved by tM M4RTG/1GEE, i~ iuch tanpa~y o~ tompaniq q th~ MORTGAGEE may d'v~ct; u+d all firo and w~ndtro~m infuronce pol~tNes on ~ny of said buitd~~ps, ~ny inNrei~ tl+e~rin o~ part thcreof, in fh1 ay~~eya~~ sum a1Mes~id W In ~xc~s~ theicof, s.'wll comr;n ~he wual st~ndard ~naipage~ clause or ~uch o~Mr clauu a~ tM Ma~gag~e may reQw~~, makinp the Ios~ ~nds~ ss~d poli~ ci~s, each and every, payabte to sa+d A10R1GAGEE as ~ts inrereN may appea?, and each and eve.y such po!~cy shall be promptly a~s.9ned a~xl de~ive~ed to a~y hetd by aaid MORtGAGfE as (u~thar securiry to said mo.tyaye dcbt, and, nd lesa IMn Ien (10) dsys in adva~ce of ths sapintion of each poticy, to d~- IivN to ssid MORTGAGEE a raxwal ~hcreoi, topethsr with •.eceipl fo~ the premium of s~ch renewal; and there thall bt no fire o~ windsto~m insurantt plated on ~~y of said buildings, any in~e~et~ thsrein or part thereo(, unle~s in Ihe fo~m and wirh tha lou payable at afwtsaid; and in the event any ium of money bccar,QS payab~e undrr such poliq a polK~es said MO~TGAGEE shall Aaw ~he op?ion ~o rcceive and apply tha ume on accouro oi ~he i~idebted- ne~s secured hereby w 1o permit sa~d MORTGAGOR$ 1o receivs aod uss it ot any pa~t thereof ia otner pwposes, w~thout ~h_+eb~ wai~ing or unpair- f~+y u+y equity, lirn o~ rght under o~ by virrue of ~his mo:sg~Qe; ~nd in the event w~d MORTGAGORS shall fa any rtason fail to kecp the said p~emises so inaured, or fail b deliver promplly ~~y of said policies of i~surance to ~aid MORiGAGEE, w fail promptly 1o pay (u11y any premium thereior w in any respect fait b pe~fwm, d~scharge, execute, effec~, complete, camply with and •bide by fh~s cove~ant, a any pa~~ hereof, said MORTGAGEE may place and pay (w such insurancs w any part thereof without waiving o? affecting any option, lien, equity, or right under or by virtue of this Mortgage, and tht futl amount of each and every euch payment sha11 be immediately dve and payabla and shall bear interest from the dete thereof ~ntil paid at the rara of ~ine per centvm per annum and lo7efher w;th s~ch interest shail be secured by the lien of lhis mwtgage. 1_ io ptrmit, commit or suffa no waste, impai~ment w dNerioratio~ of said property or a~y part thereof. 5. To pay all and singular the costs, charges and expenses, including a reasonable attoroey's fee and costs of abstrads of ti~le, incurred or paid a~ any time by sa~d MORTGAGEE, because w in ihe event of the (ailure on ~he part of ~he said MORTGAGOR to duty, pron,ptty and fully perform, d~uharge. execute, eifett, complete, comply w~th and ab:de by each and every the stipulanons, agreements, conditions, and covenan~s of said promissory note and this mortg'epe any w ei~her, and sa:d costs, charge~ and eapenses, each and eve~y, shall be immediately due and payable; whether w not there be no~;ce de mand, attempl to cotlect w suit pend~ng; and rhe full amovot of each and every such paymenl shall bear iroerest froro the dat~ thereof until paid at the rate of nine per centum pc~ annu:n; and all said co:ts, clwrges and eapenses inturred w paid, ~ogether weh such interest, shall be aecured by the lien of this mwtyag~. 6. That (a) in ~he evenf of any breach oi this Mortgage w defaulr on the part of the MOR7GAGOR, or (b) ;n tF~e event any of saPd sums of money herein referred to be no~ promptly a~d fully paid within th;rty (30) days next afte? the same severatty becoaie due and payable, withuut demand or notice, or (c) in the evem each and every the sfipu~ations, agreements, conditions ared covenaots of sa:d promCswry note and th~: martgage any or e+ther a~e nol july, promptly and fully pe~fwmed, d:scharged, executed, eifected, completed, complied with and abided Sy, then in either or any such event Ihe said ag gregate sum mentioned in said promissory note thrn remaining ~npaid, with inferest accrued, and all moneys setured hereby, shall become due and pay- able forthwith, or thereaiter, at the oprion o( said MORIGAGEE, as fully and completely as_il all of the said sums of money were aiginatly stipulated to be pa~d on svch day, any~hing in sa:d promissory note or in this Mwtgage to the contrary notw~thstanding; and thereupon or thereafter at the option of said MORTGAGEE, without notice o? demand, suit at law w in equity, therefwe or fhereatter bequn, may be prosecuted as if al! moneys secured hereby had matured pr~or to ~ts instit„tion. 7. That in the evcnt that at the begi~n;ng of or at any tirtM pending any suit upon this Nbrtgage, or to faetlose it, or to reform it, or fo enfwte payment of any claims hereunder, wid MORTGAGEE shall apply to the Court having jurisd~ction thereot for the appointment of a Reteiver, such Court shall forthwith appo~nf a receiver of said mortgaged property all a~d singular, i~clud~ng all and singular the income, profits, issues and revenues from whatever scurce derived, each and every of wh~ch, it being expressly understood, is hereby mortgaged as if spec~ficalfy set iorth and deuribed in the granting and habendum clauses hereof, and such Receiver shall have aU the broad and effective furtct.ons and powers in anywise entrusted by a Court to a Receiver, and s~ch appointment shall be made by such Court as an admitted equity and a rt+a»er of absolu?e right to uid MORTGAGEE, and witho~t reference to the adequacy w inadequacy of the value of the property mwtgaged or to the so:vency or ;nsolvency of said MORTGAGOR or the defendants, and that such renrs, profits, income, issues and revenues shall be applied by such Receiver accordi~tig to the lien w equity oi said MORTGAGEE and the practice of such Court. 8. To duty, promptly and fully pe~lorm, d~scharge, execute, effect, complete, comply with and abide by each and every fhe stiputations, agreements, cond'+Ya~s and covenan?s in said promissory note and this mwegage set forlh. 9. That in the event the ow~ership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the M,ORTGAGEE, its wccessors and assigns, may, wrthout nofice to the MORiGAOR, deal wnh such suctessw w successor i~ inte~est with reference to this mortgagt and the debt hereby secured i~ the same manner as with Mortgagor wifhouf in any way vitiating ot discharging the Martgagors' liability herr under or upon the debt hereby secirred. No sate of the premises hereby mortgaged and no forbearance on the pan of the MORiGAGEE or its successors or auigns and no eate~sion' of the ttme for ~he payment uf the deb~ hereby secured given by the MORTGAGEf or i*s successors or au~gns, ahall operafe to release, d~scharye, modify change w afEect the original liab~lity of the MORTGAGOR herein, either in whoie w in parf. 10. It is spec~ficalty agre~d that time is oE the easence of this tontract and that no waiver of any obligation hereunde~ w of the obligatan sr cured hereby shall at any time thereatter be held to be a waiver oi fhe terms hercyf or of the instrumeM setured herby. I1. In add~t;on to the forego:ng month!y payments of princ'pal and interest required by the promissory nore secured hereby, mo~tgagar covenants and agrees to pay to mo-tgagee v,.ith each monrhly payment an add~~ional sum estimated by mor!gagee to be equai to 1/12 of the annual cost of the fol{ow- in~: A-Afl real property taxes levied a assessed agai~ist the above described r~al estate. B-Prem~ums o~ fire and windsrorrn insu.ar.ce as herein requ;red to be carried on the improveme~ts s~tuate on the above d~scribed premises. C-Premiwns on such mwtgage guaranty insvran<e as mortgagee shall ~ran t;me to time deem fit to carry on the loan secured hereby_ Morlgagee shail f~om time to time notify mortgagor in vrriting of the amount due and payable hereundrr and such sum shall thereupon be due and Fayable on tAe due date of ~he next mo~th!y payrr+ent and each successive mortth thereafter urtil morfgagee shal! not~fy mortgagor of a cFwnge in such an,ou~t. Such sums shai! !~e applied by mwtgagee to~vard the payment.of real property taxes, insurance prem:ums, and martgage guaranty insurance , remiums. IN WiTNESS N~}ifREOF, the sa~d MORTGA.riOR has hereunto set his har.d and seal the day and yea~ firsl afwesaid. igned, Sealed and deliver ' the presence of: /,G./~,/~,__~ ~~'.~-~isNo ' " Wi~lli a H. H ~a~~ ` ~ ~ ~ Ann C . Hughes 5~~~ (Seal) STATE Of FLORIDA ~ COUN7Y ~F $t . ~UC 1@ Befae me personally appeared M11111d~ H. Hughes a~ A1111 C. HU(~16S his wife, to me well k~own and known to me to be 1he individuals described in and who executed 1F~e fwegoing instrument, and atknowledged befwe me that they executed the same for the purpoaef ~herein exp~essed, And the said_ ~n C• Hughes w~fe of the said W11 81l . ug es upon a separate and private examination by me taken separate ar,d apart from her said hus nd acknowledg nd before me that she executed said instrument freely and volur?~ rar~ly and without any compulsion, tonstraint, appre ns / e~f or fr r said band. . WITNESS my hand and official seal this ~ V day ~=C A„p, i9 73 ~-G~~C~ ~ Notary Pub(ic in and fw ihe Sta fbrid~l c;l~ ' My Commission expires: - .~~i r ~~s; - . Retum To: ; ~ : ~:',r~. First Federal Savings 3 loan Associat~on ~ Of fort P~e,-ce. • . ' , . ct FlCR1f~ For: Pierce. Hor~da ~ , ; 1, ~ ~~GF~"~ ^ ~ . : ~.:.r..~~ t~W:~~e ~d4..~' - ~ W ` ~ ~ . ~ : ^ ~ : This Instrument Prepared By D. F. Holerger ~~-FOItlwp{~ ~''y~•,~~'~.,,, t,.•'~Q~', First Federal Savings 8 loan Association ~~ER p~~~R~ ~~'t.,~/ S1~" L~Eti~`'~ of Fort Pierce ~ R1o2'ida ~EA~ CInC~y~ ~ ~ 1?f.CpqO VERrF~p Checked By ~ ~ ~ ` ~ A o~ PN'T3 ~•'_'_'t L.~~2 D4uE JV~ Sb . - 2so13s - ~ . - - - _ , 3~ . ~ - ~-1 _ _ y ~rt~.~~~N M j - - ~ -~w _