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To pl~cs and continuously keep a+ ~hs bui!d7ngs now o~ IxreahN ~~tu~a on ia~d land a~d on all cquiproen~ ~nd pNSOnally cow~sd by this morr9- p~, with all p~~mivm~ Ihercoe? pa~d ie IuU. firo inivr~nce in tM u~wl srandard poti~y form, {n • sum approvtd by the MORiGAGEE, and windsto~m iniw~nc~ in ~M usual ~~andard pol~cy fwm, in a ium app?ov~d by ih~ MORTGAGEE, in wch company w companie~ as ~M MOitTGAGEE m+y d'usut ~nd all tire and winditorm insuranc~ policies on ~ny of iaid buildinps, ~ny inM~~~l tharein or pan th~~eol, i~ ~hs apyre9ae~ ~wn ~fa~aid or In tat~sf tAe~eof, shall contain tha usual standard morl9~qw claust a such otMr clsuN~ as tIN N1plyagt~ may requ;i~. ma?inp the lo~s u~de~ ~aN! pofl- ciq, eacb and ~vaY, payabt~ to said MORTGAGEE as its interesl may appsa~, and each ~r+d every 1vcA poticy shall b~ prompNy ass gned and delivered to ~ny held by sa~d MORTGAGEE +s iw~hs~ securiry ?o uid mw~paqe debt, a~+d, not leu ~Fun ~en (l01 days in advance of tM eapira»on of each pol~cy, fo dr tivN to said MORIGAGEE a rtrawal iher~of, Iopelhw with ~ rectipt ta Ihe pr~mivm oi tuch renewal; and Ihe~~ shall be no f~re o? wi+~duor~n intursnc~ pland on any of uid build~ngs, ~~y in~ere~l thereio or part the~wf, v~leu in ttr form and with ~M loss payable aa afaesaid; and i~ iM even~ any sum of mo+ay bc~comei payable ur+dcr such poiicy or potfcie~ said MORTGAGEf shall havs rhs optan to receive and apply the ~+me on account of ~he i~xkbted~ ~ess secu~ed hereby w 1o permit said MORTGAGORS to reoeive and us~ it p any pa~l ~hereoi la othc~ pu~poses, v.~~hout ~h:rab~ waiv~ng or unpair- ~np any puity, lien w righ~ under w by virtus of this mortp~eJ ~nd in tM event ta~d MORTGAGORS shafl {o~ any reason tail to keep the said prem;ses w insvred, a fail fo deliver p.omptly any of said policies of inwrance to said MORTGAGEE, o~ fail promptty to pay fu~ly any pre~»iu~n tFxrefo~ w i~ a~y respen fail ro psrfam, discha~ge, executs, effect, complete, comply with and ab~ds by this covensro, w any part hereof, said MORiGAGEE may place and ' p+Y fw s~ch insura~ce or any parl the~ao( without waivir?p or affectinp a~y option, liea, equity, or ?igh~ undcr or by virWe of ~h~s Matgape. and tF?e full amount of each and every iuch p~yment shall be immediately due and payable and shall bear intareit irom ths date thereof u~til paid at the rote ol n~ne per tentum per annum and to~ethet with such intereat shall be iecured by the iien of fhi~ mortgage, 1. To permit, commit w suffer no waste, impaurt+ent w deterioration of said property o? a~y put thereof. S. To psy atl and singular the costs, charges and expenses, including a reasonable +ttorney i fee and costs of absrracts of titte, incurred o? paid at any time by wid MORTGAGfE, because a in the e~ero of the failure on the part of the said MORTGAGOR ~o duly, promptly and fvlly pHlwm, d~xharge, execute, eifect, complete, comply with and ab:de by each and every the stiputat~ons, agreemenrs, conditiw~s, and covenan» of said prom;uory note and thit morryaye any w either, and said costs, charges and expenses, e~ch and every, ihall be immediately dve and payable; whether a not there be no~ice de mand, attempt to collect or suit pend~ng; and the full smouM of eath and every a~h paymem ahall bear interesf from ~he date thereof untit paid at fhe rate of ~ine per centum per an~ium; a~d a11 said costs, charges and expenses incurred or paid, together w~th such interest, shaU be secured by the lien of ffiu mwtgsge. 6. That (a) in the event of any breach of this Mortgage w default o~ tM part of ~he MORTGAGOR, w(b) i~ tlx event any of wPd wms of money herein reierred to bs not promprly and fvlly pa+d within th;rty (30) days next after the same severally become due and payable, without demand or notice, or (c) in thr event each ~nd every the stiputations, agreements, conditions and cove~snts of sa~d promissory ~ote and th~s morlgage any a e~ther are ~01 luly, promptly and fully performed, d~scharged, executed, effeded, completed, compiied with end abided by, then in eithe~ p any s~ch event !he said ag gregste sum mentioned in said promissory note then remaining unpaid, with intereit accrued, and ali mo~eya secured hereby, shall become due and pay- able forthwith, p thcreafter, at the option of said MORTGAGEE, aa fully and completely as it all of the said sums of money were originalty ttiputated to be pa~d on such day, anythirg in sa+d promisswy note w in )his Mortgaqe to the contrary notwithstanding; and thereupon or thereafter at the option of - said MORTGAGEE, without notice or demand, suit at law or in eq~ity, therefore or thereafter begun, may be prosecuted as if alt mw~eys setured hereby had matured prror to its institutio~. 7. That i~ the event thar at the beginrting of o~ at any time pend;rg any sult upon this Mortgage, w to fweclose it, or to reform it, or to enforcs paymenf of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereot fw the appoinfinenl of a Receiver, such Court shall Forthwith appoint a receiver of said mortgaged property all and singulsr, inctud~ng all and singular the income, p~ofits, issues and ~evenues from whatever sou.ce derived, eath and every of which, it beirg expressly understood, is hereby mor~gaged as +f speuiically set forth and desttibed i~ tF?e granting arid habendum clauses hereof, and suth Receiver shall have atl the broad and effective funct~ons and powe~s in anyw~se entrusted by a Cour1 to a Receiver, and- such appoinrment shat! be made by such Cour? as an admitred equity and a matte? of absolufe right to uid MORTGAGEE, and wittwul reference to the ~ adequaq or inadequacy of the value of the property mortgaged or to the wwency or ~nsolvency of said MORTGAGOR or thr defendants, and that such rems, profits, income, iuves aod revenues shail be applied by such Receiver accord~ng to the lien or equity of said MORTGAGEE and fhe practice of such Court. 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply w~th and abide by each and. every the stipulations, sgrceme~ts, mnditions and covcnants in sald promissory ~ote and this mortgage set fath. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in s pe~son other fban the MORTGAGpR, the h'IpRTGAGEE, its succeuws and ass~gns, may, wi~hout notice to the MORTGAOR, deal with such successw or successw in interest with reference to this mortgage and the deo~ hereby secured in the same manner as with Morfgagor withovt in any way vitiati~g q dischargEng tlx Mortgagors' liability here- under or upon the debt hereby secuied. No sale of the F~emisea hereby mo~tgaged and no forbearante on the part of the MORiGAGEE w ita succeuws or assigns and no extension of the time for the payment of the debt hereby secured given by the MORiGAGEE or its successors or auigns, atwll operate ~ to release, d~xharge, modify change or affect the original liabiliry of thc MORTGAGOR herein, eiilua in whofe w in par1. 10. It is spedficatly agreed rhar t~me is of the essence of this contract and that no wsiver of any obligation hereunder or of the oblgation x- cured hereby shall at any time thereafter be hetd to be a waiver of the terms hereof or of the instrument secured herby. 11. In add~tion to the fwego:ng month!y payments of princ"pal and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mo:igagee with each monrhly payrrtent an add~rionat sum est;n,ated by moitgagee to be equal to 1/12 of the annual cost of the follow- in9: A-All real property taxrs levied or assessed agai~st thc above described real estate. B-Premiu~ns on iire and windstofm insurar.ce as herein requ~red to be carried o~ the improveme~ts situate on the above described premises. ' C-Premiums on such mortgage guaranty ir.surar.ce as mortgagee s!»I! ficm time to rime dEem iit to carry on the loan secured hereby. Mortgagee shall from time t0 time notify mortgagnr in writing of the amount due and payable hereundtr and such sum thall thereupon be due and Fayable on the due date of the next monthty payment and eath suttessive month thereafter ur.til mortgagee shatl notify mortgagor of a change in suth a~.ounL Such sums shail be applied by mortgagee ~oward the payment of real property taxes, insurance prem:ums, and mwtgage guaranty insurance p: emiums. 1 WITNESS WHEREQf, the said MORTGAGOR has here~nto set his hand and seal the day a ear first afwesaid. ~ ` 5" , Seated and detiv i t presence of: ~ . •n L-a~~t C~ W. Ridirias ~aq (Seaq , (Seaq ~ s S7ATE OF FLORIDA • ~ _ ~ COUNTY OF $t. I-l1Cle ~ i Befwe me personally appeared ~i~1BnCe W_ Rid~n9~~ a tin9le adL7 * i to me wel! known and kndwn to me to be ~ the individwl doscr;bed i~ and who executed the forego~ng instrvme~t, and acknowledged before me thal he executed•~q ~`iQie~ {or the purposes therein expressed. ~dals~ale~ t ~ f ~ ~.i~• ~ :d~d~~d ' •O~ssae4s~iesd~d+st~ am s s~~sd spaedmm ~e-asid~a+tr~~~eJm~ad~~¢ saf ~dss sirsd~~s s+sa+me~ ~aa~bfnEtbeae~mQ btil7e~a~+eelbluls~r~rit~sfss~l~islsspp ~ aF~s~mm ~ r-, . ~ . . : WIINESS my hand and official seal thi da of Z] - ' r•~~ p. ~9~_ Y . . . ~ w ~ . ~ Notary Public in and fw the biatl.,pf F ~e'Lsrge My Gommfssion expires: ~ Return To: ~ ~ ~ ` First Federal Savings S toan Associat~on ~~p;ppy p;;g~j~,'~ATE ot flO~~DA at lARf3[ Ot Fo~t P:erce. t~Y ~~(~~~~~;j; E,(p~RFS SEPI. 25, 1975 Forr P~er~e, FJo~ida ?,•.~~c1 Ry p~rer'~ean Bankets lrtsutana 1A. s~ ~uc e c~uri~Y ~ Roc~R Aa~re~a : ; This Instrument Prepared By Richard K. 1(ayes CLERK CtRr,UIT OUIIt First Federal Savings 8 Loan Association RECOR~ YERIiIED ; of Fort Pierce , F lor ida ~ i n~ zl io ~ ~13 ; c~~k~d s,? 2~ss~ 8~ax 212 PA~f 948 . ~ ~a ~i~:~~;:q. ~ . - s:~ ; ~