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To ptace and co~riouously kcep on ~he lw~ld,nys nuw a hereaher s~tus~~ o~ ~aid land aod on al3 equip~nem and p~~tonally cov~red by this ma~Q~ p~, wi~h ~II premiums chereon pa~d in lull, tire insurance iM uiua{ iundard policy fwm, in • u~m app~ovsd by tM MOR1GAGtE, •~d winds~o~m insw~rxt in ~M usual ~~anda~d pof~cy furt~, in a ium approved by th~ MpRTGAGff, i~ s~ch comp~ny w compan~es u ~h~ MORTGAGEE may dilK~j and all tin a~d w~nds~o.m iniu~anc~ polaies a+ ~ny oF sa~d build~nps, any inta~~t Iher~in w pa.t ihaeof, in tlk agyreqat~ wm ~(aeiaid or In ~xceu Ihereof, ~MII con~ain ~M u~ual standard mw~gagae claus~ o~ iuch o~Mr claus~ u ~M Ma~ya9e~ msy reqvir~, m~kir+Q ~he 1ou w+der sa~d po1F cies. escA ~nd every, payable ro aaid MORiGAGEE +s ~ts imerett may ~ppe~r, ~nd each and every i~xh poGcy shall be promptly ~ss qncd and delivered to any hetd by ssid MORiGAGEE as (ur~her security ~o sa~d mwtyage dcb~, and, no~ les~ than ~an (10) day~ in edva~ce of ths expiration of each policy, to d~- livtr to said MORTGAGEE a re~ewal tlxraof, to~e?hw witA a raceipt for tAe paan+vm of suth re+~ewal; and there shall be np f~re or winds~orm inaur~~te pl~ted on a~y of said build~ngs, any intas~l tF?Kein or put thereof, unless in tM form ~nd with IF+~ loss payablt as afwesaid; ~nd in the ev~nt any sum of mon~y becom~i payable u~dcr such policy or policiea said MOR~GAGEE shaif Mve the op~ion to receive a~d apply tM same on sccount o+ ~he indebted~ neu ~ecured he~eby o~ ro permit said MORTGAGORS to receive and use it Ot any parl Ihereof IW othet purposes, without th:rco/ waiviiy o~ m~p.~ir- ing any epu~ty, I~en w right und~r w by virtue of thii mortgages +~d in ~he event ss~d MORTGAGORS ihall fa any reason (ail to keep rhe said premisrs w insured, p fail to detiver promptly ~ny of taid policies of insu~ante !o said MORTGAGEE, ot fai! promptly to pay fully any pre~nium therelor ot in a~y reipect fail ro perfam, d~scharge, execute, effecl, comple~e, comply with and abide by thit mve~+ant, w ~ny part hereof, said MORTGAGEE may place and pay fw auch iosurance or any part thereof witho~t waivirg w afiectirg any optioo, lien, equity, or riyht unde~ « by vi?tue oi this Mortgsye, and the ful! amount of each and every such paymeM shall bc immediately due and payable and shall bear interesl from the date thereof until paid at the rate ol nine per ce~tum pe~ annu~n and to~eiher wifh such imerest shsll be setured by fhe lien of this matgsge. 1. To permit, commit w suffer no waste, impairrt+ent or deterioration of said property w any pa~t thereof. 5. To pay all and singula? the cosh, charges ~nd expenxa, inctuding a reasonable at?wney i fee and costs of absfracts of title, incurred or paid at nny time by sa~d MORiGAG:E, because or in the event of the failure on the part of the said MORTGAGOR to duty, promptly snd fully perfam, dixharge. execute, etfcct, comptete, comply w~t6 and abide by each and every the stipvlafions, agrerments, conditiau, and covenants of said promissory note and thit mortgage arty o~ either, and sa,d costs, charges and expenses, each and every, slwll be immed~ately due and payable; whether a ~ot there be notice d~ mand, attempt to col:ed w suit pend~ng; and the full artwunt of each and every such payment shall bear interes~ from Ihe date thereof uniil paid at the rate of nine per centum pe~ annu:n; and all said costs, charges and expenses irrcwred a paid, together with such imerest, shall be setured by the lien of this mwtgaga 6. That (a) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, or (b) in the event any of satd sums of money herein referrad to be not promptfy and fvlly paid wi~hin Ihirty (30) days next after the same se~era!ly become due and payable, withoul demand or notice, or (c) in t!?e event each aod every the stipulations, agreements, conditions and cove~aMa of sa:d promiswry note and th~s mortgage any w either are not i july, promptly and fully performed, d~scharged, executed, effeued, completed, compl~ed wi~h a~d abided 5y, then in e~ther or any such eveM the sald ag gregara sum menriooed in said prom+uory nore then rcmaining unpaid, wilh interest accrued, and all moneys secured hereby, shall become due and pay- ! able forthwith, or thereafter, at the opt~on oi said MORTGAGEE, as fully and complete~y as if all of ~he said sums of money were wiginally stipufated to be pa~d on such dsy, anything in sa:d p~omissory ~ote or in rhis Mo~tgage to the contrary nofwirhstandirg; and thereupon or thereafter ~I the option of said MORTGAGEE, without notice w demand, suit at Isw a in equity, therefae a thereafter begun, may be prosecuted as if all moneys secured hereby n~d matured pnot to its institution. 7. That in the event that at tix beginning of or at any time pending any svit upon this Mortgage, or tu fweclose it, or to reform it, or to enfo?ce payment of any claims hereunder, said MORTGAGEE shall apply to the Court havinq jurisdiction !hereof for the appointmenl of a Receiver, s~ch Court shall forthwirh ap~oint a receiver of said mortgaged property al) and singular, includ~ng all and singular the income, prof~ts, issues and revenues f~om whafever source derived, each and every of which, it being express~y unders~ood, is hereby mortgaged as if speufically set fwth and dewibed io the graNing a~d habendum clauses hereof, and s~th Receiver shall have all the broad and effeciive funct~ons and powers in anyw~se entrusted by a Cou~t to a Receiver, and s~ch appointment shall be made by such Court as an adm~tt@d equity and a matter of absolute i~ght to said MORTGAGEE, and withoul referer~ce fo the edequacy a inadequacy of the vatue of the property mortgaged or to the so~vency or insolvency o( said MOR7GAGOR or the defendants, and that such rents, profits, income, issues and revenues shatl be applied by such Receive~ according to the tien or equity of uid MORTGAGEf and the p+attice of such Courf. 8. To du:y, promptty and fu!ly perform, discharge, execute, effen, complete, comply wi~h and abide by each and every the stipulations, agreements, condita~s and covenan~s ~n sa~d promissory ~ote and this mortgage set forth. 9. That in the event the ownership of the morigaged premises, or any part thereof, 6ecomes vested in a perwn other than the MORTGAGOR, the j MORTGAGEE, its successors and assigns, may, witiwut notice to the MORiGAOR, deal with such successor a s~ccessor in interest with reference to this mortgage ar.d the debt hereby secured in ihe same manner as with Mortgago~ without in any way vitiating or dischargi~g tF~e Morfgagors" liabitify herr under or upon the debt he~eby secvred. No sale of rhe premises he~eby mortgaged ar.d no forbearance on the part of the MORiGAGEE or its sutcessors or assigns' and no exte~sion of the time fw the payment of the debt hereby secured given by the N10RTGAGEE or its successors or assigns, ahall ope?ate to release, d~scharge, modify change or affect the original liab~{~ty of tFe MORTGAGOR here7n, either in whole or in pa~f. 10. it is spcuficaily "agreed that fime is oi the essence of this contract a~ that no waiver of any obligaNon hereunder or of the obligatan sr cured hereby shall at any time th¢reafter be he:d to be a waiver of the terms herc~f w of the instrument secured herby. 11_ In add:f~on to the forego:ng monthty payments of princ'pai and.interest required by the promissory note secured here~f, mortgagor covenants and agrees to pay to mongagee w~th each monthfy paynerit an addnional sum estimared by mortgagee to be eqval to t/12 of !he annual cost of the folb~v- ing: A-All real property taxes levied or assessed against the above descrihed real estate. . - - B-P~em~u~ns o~ fire and windstorm insurar.ce as herein requ~red to be carried on the improvements situate on the above dascribed premises. C-Premiurns on such mortgage guaraMy ir.suranc~e as mortgagee shall irom t~me ro fime deem fit to tariy or. the loan secured hereby. Mortgagee zha~! from r~me to rime nor;ly mortgagor ~n writ~ng of the arr.ount d~e and payable hereundrr and s~ch sum shall thereupon be due and ~ayable on the due date of rhe next month!y payment and each successive month thereafter ur.til mortgagee shall notify mortgagor of a change in such a^,ount. Such sums sEaii be app{fed by mortgagee toward the payment of real property taxes, ensurance prem;ums, and mortgage gua~aMy insurance p!emiums. IN WIINESS WHEREOF, t}~e said MORTGAGOR has hereunto set his hand and seal the day and ar first afwewid_ ~ Signed, Sealed and delivered in the prese e of: , ~s~,.i s~ - ` al) l ! ~ , / ~a~ C~ J~ Seal) SLATE OF FtORIDA ~ COUNTY OF St. Lnci,~ • Before me personally appearedHl~lY p• Tho~pson and Barbara 2ho~maon ~ h~g ~IL ! end O. C• r210~psOl1 aad Laeill~ nfOtt his wife, ~o me well krawn and known.~o ms,:fo be the individvals described in and who executed the fwegang instrumtnL and acknowledged befwe me that they executed the ~saa~r'=[Qr."t~d-p~Mj~oses rherein expresxd. And the said ~Y~Y'a ~1 O!1 wi! O ~~ife of the said C. T~10~ps01! _~~it~~~~p.~~tp~1e~ s'nd priva~p~CQ examination by me taken separate and apart fromlh~ said husband, atkrqwiedged to and beiore me that ~he~exetvted~ s~; M1s~vA~t-fitely~d valun rarily and w~thout any tompuls'an, constraint, apprehen "on, w fear of or fromlF~ said husbandi. ' ! WITNESS my hand and official seal this da of ~ M~Cb ' _ ~~Jl~j~ y = ~ D. ~T . Nota Public in and ot the- '•otflorids at Lafgt. r ~ My Commiuion expires:;I V ~ x. ltf~~~~~ Aetum To: J ~fc „ First federal Savings a loan Association ~ ~ c ~ Of Fort P,erce. ~d~ S • Fort P~erce. Florida s ,t fi~eo ~Ma RecoROEo s~- couMTr FL,~ Ct RK ~ R POl tR~s ' ~ AECqRO VER fj~lT CObRT This Instrument Pre pa~ed B y Ri C b a s d K. K 8? y i B S E D~~ First Federal Savings & loan Association ~ i of Fort Pierce , F~o= ida M~ T q 21 PH ~ ~ T3 Checked By ,I e~z~z ~sos5 . I ls ~ - - - - - - - - - -