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To place and com~nuously kcep on the bui:ding~ now or ha~eal~er situsN on said ~+~d and on all equipment and personatly covrred by thit mortq~ p~, wilh ali premiumf ~hereo~ pa~d i~ iull, tire insuronce in ~M usuat itandard policy fo~m, in a sum approved by the MORiGAGEE, a~d wirxla~wm inwra~c~ in tM usual i~andard po~~cy 1wm, in a~um ~pp.ov~d by ~M MORTGAGEE, In tuch canpany w companiei as ~M MORiGAGEE may d'u~dt and all fire and w~nds~orm insura~e po~~cies on +ny o( ~a'd Iwild~nps, ~ny inter~st tF+erein w pa~~ ~hereof, in tM a~g~egate ~um afpesaid O~ in ~ac~ss thereof. sMll contain tM usual standard mortfle9t~ clwie u iuch o~ha claus~ as th~ Mwtg~gee nuy requ~r~, makinp ~hs los~ unda sa~d polF ciq, each end every. payabl~ to said MORTGAGEE ~s ~ts interest may appea~, and each and eve.y such policy shall be p:omp~ly ass yned and delivaed to ~ny held by s~id MORTGAGEE as tu~ther security to said mo~tgags debt, and, not teu than ten (10) days in sdva~ce of the expirotio~ ol each policy, 1o dr IivM to said MORiGAGEE a renewal thereof, to9e~ha with a rec~ipt fw the prtmi~m oi s~rch renewal; and ~here s!wll be ~o f~~e or winds~o~m iniur~nce pl~ced on ~ny of said buildinys, any interest therein or part thereof, ~nleu in tM form and with tM loss payable ai afass+~d; and in ~he ev~nt any sum of money becomes payable under such policy w pot~ciss said MORTGAGEE shall have the option to receive and appty the same on account ol ~he indebted- neu iecured hereby w ro permit ssid MORTGAGORS to receive and vx it w any pa~~ ?hereof fw other pur~wses, w~~hout Ih:~ru/ wai~i:~g o. ~ropair- iny any equiy, lie~ o? right undr w by virtue of thia morsgage; and in the evcnl wid MORTGAGORS shall fa any reason fail to keep the said premises so inwred, w fail ro deliver promplly sny of said policies of insurance to said MORTGAGEE, w fail promptly to pay futly any premium therefor w in any r~spec~ fail ro per(orm, d~scharge, execute, effed, complete, comply w~~h and abide by this covenaN, a any part hareoi, taid MORTGAGEE may place and pay fw such insurance w any part thereof without waiving or affetting any option, lisn, equity, w right undm w by virtue ol this Morlgage, ~nd the full amount o( each and ev~ry ~uch payment shall be immediately due and payable and shall bear interes~ from the da~e thereof until pa~d at tM ~ate oi nine per centum per annum and to~ether with such intereat shall tx secured by the lien of this mortgage. 1. To permit, commit ot suffer no waste, impairme~t ot deterioration.of said ptoperty a any paA thereof. S. To pay all and s;ngular the costs, charges and expenses, including a reasonable attaney's fee and cosrs of abstrads of title, incurred or paid at eny lime by uid MORiGAGfE, because w in the event of the iailure on the part of ~he said MORTGAGOR to duly, promptly and fully pe~form, diuha~ge. exaute, eifect, complete, comply w~th and ab:de by each and every the stipulations, agreements, conditions. +nd covenants of said p~omiaswy note and thii matgage any w ei~her, and sa~d costs, charges and expenses, esch and every, shall be immed~ately due and payable; whether w not there be not~ce d~ mand, attempt to collect w s~it pend~ng; a~d the full amounf of each a~d every such payment shall bear inierest from the date thereof until paid at the rate of nine per centum per annurn; and all said costs, char9es and expenses incurred w paid, together w~th such interest, shall be setured by the lien of thit mortgsge. 6. That (a) in tha event of any breach of this Mortgage or default o~ the part of the MORTGAGOR, o? (b) in the event sny of sa:d tums of money herein refe~red to be not promptly and iully paid wirhin thirty (30) days next aite? ~he same severatly become due a~d payable, wi~hout demand w notice, or (c) in the event each and every the stipulations, agreements, conditions and covenants of sa:d promissory oote and th~s morlgage any w either are nol ~uly, promptly and fully performed, d~uharged, ezeculed, effected, completed, comPlied with and abided by, then in either or any such event tha saiz! ag gregate sum mentioned in said promiuwy note then remaining unpaid, with interest accrued, and all moneys secured hereby, shatl betome due and pay- able forthwith, or thereafter, at ~he option of said MORTGAGEE, as fully and completely as if all of ~he said sums of money were originslly st~pulated to be paid on such day, anything in said pranissory note u in this Matgage to the contrary notwithstanding; and thereupon or the~eafter at the opticm of said MORTGAGEE, without notice or demand, suit at law w in equity, therefore o~ thereafter begun, may be prosecuted as if all moneys secured hereby had maW~ed pnor to its institution. 7. That in the event that at the beginning of w at any time pending any suit upon this Mortgage, o? to fweclose it, or to reform it, or to enforce payment of any cla~ms hereunder, said MORTGACaEE shall apply to the Court having jur~sd~ction thereof for the appointment of a Receiver, such Court shail Forthwith appoint a receiver of said mortgaged property all and sir?gular, irxlud~ng all and singular the income, profits, issues and reve~ues from whatever source derived, each and evcry of which, it beirg expressly unders~ood, is hereby mortgaged as if speufically set forth and destribed in 1he g~aming and ha5endum clauses hereof, and such Receiver shall have all the broad and effective funcnons and powers in anywise entrusted by a Court to a Receive~, and such appointment shall be made by such Court aa an admitted equity and a matter of absolute righ~ to said MORTGAGEE, snd without reference to the ~ adequacy w inadequacy of the value of the property matgaged or to the soivency o~ insolvency o1 said MORiGAGOR or the defendants, and that such rents, p~ofits, income, issues and revenues shall be applied by such Receive~ according to the lien or equity of said MORTGAGEE and the practite of such Court. ' 8. To duly, prompt!y and fully perform, d~scharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreemeots, conditans and covenants ~n w~d promissory note and this mortgage sef foith_ ~ 9. That in the event the ownership of the mortgaged premises, w any part thereof, becomes vested in a perwn other tha~ the MORTGAGOR, the h50RTGAGEE, its s~ccessors and auigns, may, without notice to the MORTGP.OR, deal with such succeuor or succeasor in interest with reference to this mortgage and the debt hereby secured in the same manner as with Mortgagw without in any way vitiating or distharging the Mortgagors' liability herr under or upon the deb~ hereby secured. No sa~e of the Fremises hereby mo~tgaged and no forbearance on Ihe part of the MORTGAGEE or its succeuors or auig~s and no extension of the time fw the payment of the debt hereby secured given by the MORTGAGEE or its successors ot augns, ahall operate Io release, discharge, modify change or affect the original liability of the MORTGAGOR herein, either in whole or in part. 10. It is specifically agreed that time is oi the essence of this contract and that no waiver of any obligation hereunder or of Ihe obligatan sr cured hereby shall at any time thereafter be he:d fo be a waiver of the terms hereof or of the instrument secured herby. 11. In add+tion to the fwego:ng monthly payments of princ'pal and inte~est required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee Nrith each ~nonrhly payrnem an add~rional sum estimated by mortgagee to be equai to 1/ 12 of the annual cost of the follow- ; ing: A-Ap real properry taxez ?evied or assesscd against thc above desvibed real estate. B-Prem+urns on fire and windsrorm insurance as here~n requ~red to be ca~ried on the improvemewts situate on the above described premises. C-Premiums on such mortgage guaranty insurance as mortgagee shatl from t~me to time deem fit to carry on the loan secured hereby. Mwtgagee shall from time to time notify mortgagor in writing of the amount due and payable he+eunder and such sum shall thereupon be due and 'f payable on the due dare of the next monfhly payment and each successive month thereafter urtil mortgagee shall notify mortgagor of a change in such ~ amount. Such sums shal! be app'•ied by mortgagee toward the payment of real property taxes, insurance prem,ums, and mortgage guaranty insurance f premiums. ~ IN ~YITNESS WHEREOf, the said MORTGAGOR has hereunto set his har.d and seal the day and year first aforesaid. , Sealed and delivered n t e presence of: iJ ` ~~v~ I V`~tit~CC~L-~~ (Sea4 ~ ~ ~y~ (Sean 1 ~CL!-4ylZ~ii-C.!_? (Sea4 ' / Sa11Y ; 0~170 (Sea4 STATE OF FLORIDA f ~ $t. L.UC1@ ~ COUNTY OF _ Before me personally appeared Ca r lo R aoano s~ Sallyt Ran ano his wife, to me well known and krawn to rtK fo be the individuals desvibed in and who executed the fwegoing instrument, and atknowledged before me that they executed the same for t~o,purposes thercin expressed. Md the said $~lly ROID~10 ~ t~~ ' Carlo RoAano ~ wife of the said upo~s l~pir;~te1lnd..pr4 fjte e:amination by me taken separate and apart from her aid h sba atknowledged to and before me that she executed said insubp~'it.fieelyland vOl.~il~ tarily and without any compu(sion, const~aint, ap ~o f~f or from ' nd. ' ' ; n 81Ct1 ~ ~ WITNESS my hand and official seal thi ~ day of ~ ' D.+19~..~ C~K~' ~ otary Public in and fw the State of PhtFi~Gat lu~' My Commissio~ eapires: Return To: . - .t : - First Federal Savings b Loan Association , Of Fort P;erce. ,cr -+~p~;,;A at 11j~GF fori Pierce, Florida • . . = . ' '1 l5i T ~ w r ~'i':.s~ L_ .~.o~iJ`i.E ~ FILEO ANO RECOROfD 8T. LUCiE. COUMTY FtA. - ~ This Instrument Prepared By Richard K~ Kayes AOCER POITRAS First Federal Savings 8~ loan Association RE ORD VERRFIEp COU~ R~ of Fort Pierce , R loz i da Checked By ~R 1 9 22 AH '13 250933 Sb ~ BGOr, 21.z P,1CE ~500 ~ -x~ ~ . ~ ~4~ ~ ~ ~ ~ ~ ° ; _