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To ptace a~d continuoualy kcep on the bui:d~ng• now a he.eaiter s~evare on ~a~d ~and and on iU eq~~p~nent and person~lly covered by this mwtg~ ~p~, wi~b all premiumi thereon pa~d in (ull, I~ie in~~r~nce ~n ihs ususl i?andard policy form, in ~ tum approved by the MORiGAGEE, and windsrwm ~~suru+ct in ~M usw{ ~~anda~d pol,cy form, in ~~um approv~d by th~ MORTGAGEE, in such canpany or compa~ies a~ the MORIGAGEE may d'u~ctj ~nd •tl (irs and w~ndatorm ;nsu~arxe polic~es on any of sa~d build~nps, ~ny interes~ ~herein or pi.t ~hereol, in the ay9reya~e sum aFae~a~d w Io ~xcesi Ihereof, shall contain tM uswl standard ma~gage~ ctause o+ such otMr claus~ as tM Ma~yagee may ~equ~re, makinp ~he Ioas under sa~d po1F ciei, e~ch and every, payab~e to said MORTGAGEE as ~tt inrerett m~y appear, arrd euh and ~very tvth pol~cy ihill ba prompHy sss yned and del~vered to +ny held by sa~d MORTGAGEE as tur~her security to said mongage drbt, and, not Icst ~Mn ten (10) days in advance of the exp~ration ot each policy, ~o da liva to said MORTGAGEE a renew~l Ihe~eo(, together with a reccipt fw the p?emium oi tuch renewal; and there shall be no ii?e or windstorm insura~ce plxed on any of saed buildings, iny interest therein or part thereof, untess in the form and with ~he loss paya4le as atwesaid; and in the event any sum of money becomei payable unda suth policy or policies said MORTGAGEE ahall have the option to receive and apply the same on account of the indebted- neu secu~ed hereby or to permit said MORTI'aAGORS fo ~eteive and us~ it p any part thereof Iw othcr purposcs, witho~t th:rro/ wai+ing o~ unpair- ~~y any equiry, lien w right under or by virtus of this mo:lgage; and in the event sa~d MORTGAGORS shall fw any reason fail to keep the sa~d premisza w insured, p~ iail Io delive~ promptly ~ny Of said polities of iniutante lo said MORTGAGEE, or fai! promptly t0 pay fujly any premium therefor w in any re~pect fai! ro perfanL d~scharge, execute, eFfed, complete, comply with and abide by this covenan~, or any pa~1 hereof, said MORTGAGEE may piace a~d pay fw such insurance or any part thereof without waiving or affecting any option, lien, equity, or right under or by vi~tue of this Margage, arrd fhe full amount of each and every such payment shall be immediately dve and payable snd shall bea~ interest from the date thereof until paid at the rate ol nine per tentum per annum and together with such interest shall be securcd by the lien of this morlgage. 1. To permit, eommit w suffer ~o waste, impairmen~ or deterioration of said property o? any part thereof. S. To pay all a~d singular the costs, charges snd expenses, including a reasonable attwney i fee and costs of abstracts of title, incuned a pald at any time by said MORIGAG:E, because w in the event of the failu~e o~ the part of tAe said MORTGAGOR to duly, pranptly and fully perform, d~scharge, execute, ef(ect, complete, comply with and ab:de by each and avery the sripulat~ons, agreements, conditions, a~d covenants of said promissory note and thii mortgage any w ei~her, and sa~d costs, charges ar+d expenses, exh and every, shall be immediately due and payable; whether a not there be no~ice do- mand, attempt to collect or suit pend~ng; and the t~lt amount of each and every such payment shall bea~ interes~ irom the date thereof unril paid a1 the rate of nine pe~ centum per an~~um; anc' aU said costs, charges and expenses incurred w paid, together w~th suth interest, shaU be secured by the lien of tha mortgage. 6. That {a) in the eve~?f of any breach of this Mortgage o? default on the part of the MORTGAGOR, or (b) in the eve~t any of sa~d tums of money herein referred to be' not promptty and fully paid within thirty (30) days nexl after Ihe same severally ixtome due and payable,. without demand o? notice, or in the event each and every ~he stipula?3ons, agreemenfs, co~ditions and tovenants of sa;d promissory note and th~s mor~gage any or either are nol iuly, promptly and fulty perfwmed, d~uharged, executed, effected, completed, compl~ed with and ab~ded by, then in either a any such event the uid ag gregate sum mentioned in said promissory note then remaining unpa~d, with inrerest acaved, and all mor~ya secured he~eby, shall become due and pay- ab!e forthwith, w thereafte~, at the option of said MORTGAGEE, as fully and completely as if all of Ihe said sums of money were originally stipulated ~o be paK! pn such day, anything in sa:d promisswy nofe o~ in this Mortgage fo the contrary notwithstanding; and thereupon w thereafter at the option of ~a~d MORiGAGEE, without not~ce or demand, suit at law a in equity, thereiae or thereafte~ begun, may be p~oucuted as if all moneys secured hereby had matured prror to its institution. 7. That in the event that at the beginning of or at any time pending any suit upon this Mortgage, o~ to forectose it, or to refwm it, or to enforce payment of any tlaims hereundei, said MOR~GAGEE shaU apply to the Co~rt havi~g jurisdiUion thereof for the appointment of a Receivlr, such Court shail forthwith appoint a receiver of said mo~lgaged property all and singular, includ~ng all and singular the income, profits, issues and revenues from whatever source derived, each and every of which, it bei~g expressly understood, is hereby mortgaged as if spec~fically set forth and deuribed in the' granting a~d habendum clauses hereof, and such Receiver shall have all the broad and ef(ective funct~ons and powers in anywise entrusted by a Court to a Re~eiver, and s~ch appointment shall be made by such Court as an admitted equity and a matter of absotute right to said MORiGAGEE, and withouf refereoce to the acleGuacy or inadeqvaty of the value of the property mortgaged or to the so~vency or inso~veMy o( said MORiGAGOR w the defendants, and that such rents, profits, income, issues and revenues shall be applied by such Receiver accordirtg to the lien or equity of said MORTGAGEE and 1he practice of suth Court, 8. io duly, promptty and fully perfo+m, discharge, exxute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants in said promissory note and this mortgage set forth. 9. That in the event the ownersh~p of the mortgaged premises, w any part thereof, becomes vested in a person other than the MORTGAGOR, the MORiGAGEE, its successo~s and assigns, may, wirhour norice to the MORTGAOR, deal w;th such succeuw or successor in interest w~~h reference to this mor~gage and the debt hereby secured in the same manner as with Mortgago~ without in any way vitiating or discharging fhe Mortgagors' liability herr under or upo~ the debt hereby sec~red. No sale of the prem~ses hereby mortgaged and ~o iorbeara~ce on the part of the MOR~GAGEE oa its svccesso~s or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successws or auigns, ahall operate io release, d+scharge, modify change or aff~t the original liability of the MORTGAGOR herein, either in whole or in part. 10. It is speciiicalty agreed that time is of the e:sence of this tontract and that no waiver of any obtigat~on hereunder or of the olslgation se- cured hereby shaN at any time thereafter be held to be a waiver of the terms hereoi or of the instrumeot setured herby. 11. In add~tio~ to the forego:ng month!y payments of princ'pa! and interest required by Ihe promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee v~ith each monihiy payr,,ent an add~rional sum est~mated by mortgagee to be equal to 1 i 12 of the annual cost of fhe fol(ow- fng: A-A!I real p~operty taxes levied o- assessed agai~st thc above desvi~d real estate. B-Prem~ums on fire and windstorm insurance as i~ere~n requ~red to be carried on the improveme~ts situate on the above destribed premises. C-Premiu~ns on such mortgage guaranty insurar.ce as mortgagee shall from t;me to time deem fit to carry on the loan secured hereby. . Mortgagee shall from time to time notify mortgagor in writirtg of the amou~t due and payable he~eundrr and suth sum shall thereupon be due and Fayabte an the due date of the next monthty payment and each successive momh thereafter ur.til mortgagee shall noGfy mortgagor of a change in svch a-~:ount. Suth svms shafl be applied by mongagee toward the payment of real property taxes, insurante prem:ums, and morlgage guaranty i~surance premiums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. Sg gd, Sealed ad de ^e n the presence of: t ~ ~ • „~n-~ ~ ~ . y ~ J ' . ` ~i• r~ • • ~ •14~~/~ ~i ~ ~ ~ - L _ r-I`~¦l i j ~ . ~ ~ `L i ' ~ G: : ~ ' STATE OF FIORIDA 1 - , i-- t ~ _ O j COUNTY OF - St . L11C1@ j ,~n, l~~ _ : f ~ Befwe me personsUy appeared Armando ~ RQ(~UQLS •'~~".a,.~`:. ` Glenda Ann Rodgers ~ , his wi{e, to me well known and'khow~,lpi p~e: f+~~ be the individuats desuibed in and who exec~ted the foregoirg instrumem, and atknowledged befare me that fhey executed the same fw t}ie purposes ~ rhere~n expressed. Md the said Glenda Ann Rodcaer s ~ rr;fe of the said Armandn Ci. Rodqers upon a sepa~ste snd private j examination by me taken separate and apart from her said husband, atknowledged to and befwe me ihat she executed said instrument freety and volun- ; rarily and w~thout any compulsion,.constraint, appreF~e;j~oQL~r fear of or lrom her said husband. ~ WITNESS my hand ar+d official seal this day of A rl A. D. 19 73 ~ ~.'Lt/~~ Notary Public in a~d~ for t , tate of florida at Large My Comm~uion expires: • Retum To: ' First Federal 5avirys b loan Associatio~ ~ Of Fort P~er~e. i Fort P~erce, Florida ~ , . . ~ • . ; 25251 ~-T~ ' fi~EO a+~D RECOROEO 3 ~ This Instrument Prepared By Ronald L. Stut2 =T CuCIE COUNtY F~~, ' First Federal Savings 8~ Loan Association ROCF~ Fflt7RAS CLERk Ci~CU1T COURT ~ of Fort Pierce ~ F1oZida PEC~R~ y£R~riE~ ` ~C~ ' Checked By - ~ ~ oL ~ ~A e~ . BUOK ~~J YA6E / ~ ( F :~Y,.3 .F"' . - - n q~;£a`+s. 'S,'~,"_ 'fi ~ ~ ~ v~ W y` ~ ~ . -