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To pl~c~ and con~i~uou~ly keep on tM buitd;ngs now w hareaftN utvat~ on ~a~d tand and on ali equipment ~nd p~rwnally covaad by ~his mat~- p~, with ~11 pr~miums thereon pa~d i~ lull, fire ini~rance ~n ~hs usual sundard policy fam, ir+ ~ ium approved by th~ MORiGAGEE. +~+d winditwm ~nsw~nc~ in IM usw) iundard pot~cy fam, in a ivm approved by tM MORTGAGEE. i~ svch tompany w compan~q as ~M MORTGAGEE may dinctp and all tin and winds~am insuranc~ polic'a~ on any ot said build~r+p~, any iMe«st the?~in w part thereof, i~ tM ap9rcy~t~ tum ~foresaid or in ~xcess Ihereof, sMll ca+tain ~M usual iiandud mortqay~e cl~use or such otMr cl~u~ ai ~M Mwty~ge~ may rpuir~, makinp IM lois u~de. ~a~d po1M c~es, each and every, payable ro u~d MORTGAGEE ~s ~ts intereit may appear, and each ind ~very s~ch poticy shall be p~ompt~y +i~.gncd and det~vered ~o .ny held by iaid MORiGAGEE as fur~her usurity to said mor~gape debt, a~d, not leu than te~ (10) days i~ edvance of th~ expiration of exh policy, to dr live? ro said MORTGAGEE a re~ewal thereof. toptthK with a reteipt fw tM p~emium of such renewalj ~nd ther~ shall b~ no fire a windstorm insu~antt ° placed on any of sa~d buildinys, ~ny interesl therein or put thereof, u~less in the fum and with tM lou payabk ss afaetaid; ~nd in ths ev~~t eny ium S oi mon~y becwnes payable under wch polity w policies iaid MORTGAGEE ~hall Mve the op~~on ~o rsceivs and apply tM same on account of tM indebred- ~ neis ~ecv~ed hereby w to permit said MORTGAGORS to ~eceive and use it w eny part thereof iw othe? purposes, without ~h:rrb~ waiving or unpai~- ~ ing a~y equ~ty~ IIM O! f19F11 unde~ a by virtus of this mort~age; and in the ~vent w~d MORTGAGORS shsll (w ~ny reason fail to keep the iaid premises w insured, a fail fo deliver promp~ly ~ny of said policies of insuronce to said MORTGAGEE, w fail promptly to pay fully any premivm therefw a in a~y respect fsil w perfam, diuharge, executs, effect, complete, comply wi~h and abide by this cove~+a~t, a any part hereof, said MORTGAGEE m~y pl~ce and paY to~ tuch insurante w ~ny part thereof without waivinp or affectirp ~ny oplan, lien. pvity. a ~ight ~nder a by virtw of this Morlysge. ~nd the full amount of each s~d every such payment shall be immedietely d~?e and payabk and shall bear interest from 1M date ?hereof until paid the rate of nine per centum per annum and to~ether witA suth i~terest shall be secured by 1he IiM of thi~ mortgs~e. 1. To permit, commit or suffer no waste, impai~ment w detc~ioration of said property or any part the~eof. 5. To p+y all and sinpular the coats, charges and expenscs, including a reasonable attwney's fee and costs of abstracts of title, incurred a psid at any time by sa~d MORTGAGEE, becaux or i~ the eveM of the failu~e on the part of the said MORTGAGOR to duly, promptly and fully perform, d~uharge, execute, etfed, complete, comply with and ab~de by each and every ti~e stipulations, agreemenri, conditiau, a~d covena~ts of said promiswry note and ~hii mortgage any a ei?her, and sa~d costs, charges and expenses, each end every, shall be immediately due and payable; whether p not there be notice de~ mand, attempt to collect u wit pending; and ths full amo~nt of each and e+rery such psyment shall bear interest from the date thereof until paid st Ihe rafe of nins per centum per annum; and all said costs, charges and expenses int~rred ot paid, together with suth interest, shall be secured by the lien oi this mottysge. 6. That (a) in the event of any breach of thii Mortgage or defaulr on the part of the MORTGAGOR, w(b) in the eve~t a~y of said sums of money herein referred to be not promptly and fully paid within thirty (30) days nex~ afte? 1he same seve~ally become due and payable, without demand o~ notice. or (c) in the event each and every the stipulations, ag~eements, co~ditions and covenants ot sa~d promiuory note and th~s mortgage any or either are nol iuly, prompt~y and futly perfwmed, d~scharged, executed, effected, completed, compl~ed with end abided by, then in eitFxr or any such event the uid ag qregate wm mentaned in said promisswy note then remaining unpaid, with interest accrued, and all moneys secv~ed hereby, shall become due and pay- able forthwith, or thereafter, at the option oi said MORTGAGEE, as fully and completely as if all of the said sums of mo~ey were aiginally stiputated ro be pa+d on such day, anything in sa+d promi:sory note or in this Mortgage ro the contrary notwi~hstanding; and thereupon or thereafter at the oprion of said MORTGAGEE, without notice or demand, suit af law w in eqvity, therefwe w thereafter begun, may be (xosecWed as if all mo~?eys secured hereby had matured pnor to its institution. r ' 7. That in the event that at the beginnirg ot or at arty time pending any suit upw~ this Mwtgage, or fo fweclose.it, w to refprm it, w to enforce payment of any claims hereunder, said MORTGAGEE shall apply ro the Cou~t having jur~sdrction thereof iw the appointmei+t of ~ Receiver, such Court :hafl Forthwith a ~nt a receiver of said mort a ed rt all and si ular, includ~ a~l and si ular the income, rofits, issves snd revenues from whatever i PP~ 9 9 W~ Y ^9 ^9 ^B P ~ source derived, each and every of whlch, it being expressly understood, is hereby mortgaged as if spec,ically set forth and dewibed in the granting and habendum ctauses hereof, and such Receiver shall have atl the brwd and effective funct~ons and powers in anywise entrusted by a Court to a Receiver, and , such appointment shall be made by such Court as an admitted equity and a ma~ter of absolute right to .said MORTGAGEE, and wirhout reference to the ; adequacy p inadequacy of the value of the property mortgaged or to the solvency or insolvency of said N10RTGAGOR or the defendants, and that such renrs, profits, income, iuues.and revenues shall be applied by such Receiver according to the lien w equity of said MORTGAGEE and the practice of such CouA. ~ ; 8. To duty, promptly and fully perform, dixharge, execute, effect, complete, comply with snd abide by each and every the stipulations, agrcements, conditans and covensnts ~n u~d promissory note and this mortgage ut fwth. 9_ That in the event the ownership of the mortgaged premius, w any part thereof, becomes vested in a person other than the MORTGAGOR, fhe MORTGAGEE, ita successors and assigns, may, without notice to the MORTGAOR, deal with such successor w successw in interest with referente to ihis mortgage and the debt hereby setured in the same manner as with Mortgago~ without in any wny vitiating w dixharging the Mwtgagori liability herr under or upon the debt hereby secured. No sate of the Fremises hereby mo~tgaged and no forbearance on the part of the MORTGAGEE or its successors ~ or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors w auigns, ahall operate t to release, dixharge, modify change or affect tlx orig~nal liab~fity of the MORTGAGOR herein, either in whole o~ in part. 10. It is specifically agreed that time is of the esunce of this contract and that no waiver of any obligatiore hereunder or of the obligatan se- cured hereby shali at any time thereafter be held to be a waiver of the terms hereof a of tFK instrument secured herby. 11. In addition to the fwego'ng monthly payments of prinCpal and interest required by the promissory note secured hereby, mwtgagor covenants and agrees to pay to mortgaqee with each monrhly payrnent an add~riona~ sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real property taxes levied or assessed against the above desc+ibed real estate. B-Premi~ms on fire and windstorm insurar,ce as herein requ:red to be carrietJ on the improveme~ts situate on the above described premises. C-Premiums on such mortgage guaranty insurance as mortgagee shall fiom t~me to time deem fit to carry on the loan secured hereby_ Mwtgagee sfiatl from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and 'I payable on the due date of the next momhly payment and each successive month thereafter ur.til morigagee shall notify mortgagor of a change in svch ~ amouM. Such sums sF.all be appiied by mwtgagee toward the paymem of real property taaes, insurance prem:ums, and matgage guaranty insurance ~ premiums. ~ ~I IN WITNESS LYHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. ! ' ned, Seafed and "vered i the p?esenc of: ' ~ a~ Wesle . Gillette ,q _ ~ ~ ~o..z.i~~-r ~ ~ $~an ~ Tbanh Gillette ~x,q STATE OF FLORIDA S5. COUNTY OF SL . I.11Cle ~ Befo?e me personally appeared ~+lesley G. Gillette a~ _ Thanh Gillette his wife, to me well known and known to me to be the individ~als destribed in and who exetuted the fwegang instrument, and acknowledged befwe me that they executed the same for the p~rposes rherei~ expressed. And the sa~d Thanh Gillette w~fe of tF~e said Wesley G. Gillette , upon a sep+r~te and pirvate examination by me taken separate and apart from her said husband, acknowledged ro and befwe me that sFie executed said ir?itrumeAt freely ~nd volur?~ ta~ily a~d without any compulsion, constraint, apprehen~jo/n ~c~rF fear of or from her said husband. ~ ~1 WITNE55 my hand and official seal this - day of A r~ ~ ~ 1~~_ ~ . ` N ary Public i~ a fo the tate'QE:Florid~ at large~ ~ My Commiu'ron e~cpir~ ~ R t•~ ?1 -k~~' ~ Retum To: 1 1 C~~- ~ first federal Savings 3 Loan Association : Of fort P~erce. ~ 1 j '1••~ . l.' ~ Fort Pierce, Florda ~ ~ ~ A~ ~ ~ ~ - s~ ae su?. This Instrument Prepared By J. H. Robezts, Jz . ~p~~p spi~R15 [ ~ First Federal Savings 8 Loan Association Clfi~ CI:~CU1~ CdiIRT~~ ; - of Fort Pierce ~ Florida? ~'fC4it~ YfRIrt~O ~L,. Checked By ~ i I s4 AN'73 a~ 252801 eooK213 ~~E1127 ~ - - _ ~ ~ _ - ~v =