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To plac~ and con~inuou~ly keep on the bui!d~ngs now o. hereafta utuare on sa+d land and on all equlp..xnt and personally covered by thii m~ty- ) sgs, with ~II prsmiumi the~eon pa~d in full, (ire insurance ~n tM usual standard policy form, in a ium approved by the MORTGAGEE, and w~ndstorm f ~niuranca i~ tM viwl atandard pol~cy (orm, in s s~m approved by the 1NORTGAGEE, in such company or compartiei as tl+~ MORTGAGEE may } dincry ~nd atl fire and wir?dstorm insurance politiea on any of iaid build~nps, a~y interest therein w part thereot, i~ tM +~reya~e tvm ataesaid or ~ in ~xcess the~eof, shall tontain ths uswl s~andard ma~9agoe clauie or iuch o~her clautt ~s the lNorly+yea may requ~n, makinp tf+e loss unde~ sawl poli- cies, each and eve~y, payabte to said MORTGAGEt as its inte~e:r may appear, and each and every :uch poucy shall be p~amptly ass.9ned and detivered ~o sny held by said MORTGAGEE as iurther iecurity ~o said mortgage dett, and, not less 1ha~ ten (10) days io advance of tFa expiration ot e~ch policy, to da ~ live? to iaid MORTGAGEE a renewal thereof, toyetha wi~h a receipt fa tha premium of svch renewal; and ther~ shs!! be ra fire or windstorm i~surance • placed on any of said buildings, •ny lnterest therein or part therwf, unleu in the fwm and with 1M loss payable si aforeuid; and in Ihe event a~y ium of money becomes payable under such policy or polKies iaid MORTGAGEE shall have ~he option to receive and apply the same on accounf o( the indabted- neu secured hereby or ro petmif said MORTGAGORS to reteive and uss i1 p any pa~t thereot fw othcr purposes, w~thout th4reo~ waivi~y o~ unpair- ing any equ~ty, lien w right unde~ a by virtve of ~his mo:sgaget and in tha event said MORTGAGORS shall fw any ~eason fail to keep the said premiszs w in3uied, or iai) to deliver promptly any of said polities of insura~ce to said MORTGAGEE, or fail promptly to pay fully eny premium therefw w in ~ny respec? fail to perfwrt~, discharge, ezecute, ef(ect, complete, comply with and abide by lhis mve~+ant, a any part hereof, said MORTGAGEE may plste and pay fa such insurance or any part thereof without waiving or ~ffecting sny option, lien, equity, or righl unde~ or by virtue o( rhis Mwtgage, and the fvll amount of tech and every such payment ~iwll be immediately dus and psyabls and shall besr imeresl from the date thcreof u~til paid at the ~ate ot nine per centum per a~num and to~ether with such interest shalt be secured by the lie~ of thii mortgage. 1. To permit, tommit w suffer no waste, impairment w deterioration of said properfy w a~y part thereof. 5. To pay all and singulsr the costs, charges and expenses, including a reasor~able ~ttaney i fee and costs of abstracts of title, incu~red w psid at any fime by said MORTGAGfE, because a in the evtnt of the failure on the part of the said MORTGAGOR to duly, promplly and fully pe~{o~m, discharge. execute, etfect, tomplete, compty w~th and abide by each and every the stipulations, sgreeme~ts, conditions, and covenants of said praniuory note and this mortgage any w eitlx~, and said costs, chsrges and expenses, each and every, shal! be immediately due ar?d payable; whe?her oi not there be norice de mand, attempt to tollett w suit pe~ding; and the full amounf of each and. every suth payment shall bear intere~t from Ihe date the~eof until paid et the ra~e o4 ~ine per centum per an~ium; an~' all said costs, tharges and expenses incurred or paid, togeiher with such interest, ahall be aecured by the lien of this motfgage. b. That (s) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, w(b) in 1he event ~ny of ssid sums of money i herein referred to be not pranptly and fully paid within thirty (30) days ~ext after the same severatly becane due and payable, without demand o? notite, or tc) in the event each and every the stipulatiau, agreements, condifions and covenanta of sa~d promiswry note arx! th~s mortgage any w either are not iuly, p~omptly and futly performed, d~scharged, executed, eifected, completed, compl~ed with and abided by, then in either or any such evenl the sa~d ag gregate wm mentioned in said prom~ssory nore then remainirv~ vnpaid, with inrerest accrued, and all moneys secured hereby, shall become due and pay- able forthwith, w thereafter, at ~he opt~on of said MORiGAGEE, as fully and completely as if all of ~he said sums of money were wginaily sripulated to be paid on such day, anything in sa:d prornisswy note or in this Mwtqage to the contrary notwithstanding; and thereupon or the~eafter at the option of said MORTGAGEE, without not;ce or demand. •suit at law or in equity, therefwe or theteafter begun, may be prosecuted as if all moneys setured hereby had matured pnor f0 i1a inStitution. 7. That in the event that at the beginning of or at any time pending any su~t upon this Mortgage, or fo forectose it, or to reForm it, or to enforce payrnent of any claims hereunder, sa~d MOR7GAGFE shall appty to the Court havi~g ju~~sd~ction thereof for the appo~ntmem of a Receiver, such Covn shall forfhwith sppoint a receiver of said mortgaged property all and sing~la~, includ~ng all and singular the income, profits, issues artd revenues from wfiatever source derived, each and every of wh~ch, it being expressty undersrood, is hereby mortgaged as if specifitaUy set forth and described in the granting and habendum clauses hereof, and such Receiver shall have a!I the broad and effKtive funct~ons and powers in anywise entrusted by a Cou.t to a Receiver, and t~ch appointment ihall be made by such Court as an admi~ted equity and a matter of absolute right fo said MORTGAGEE, and without ?eference to ?he adequaq or inadeqvaty of the value of the property mortgaged or to the so~vency or insolvency of said MORTGAGOR d fhe defendants, and that such ren~s, profits, income, i:sues and revenues shall be applied by such Receiver according to the lien or equity of said MORTGAGEE and the practice of such Couri. B. To duty, promprty a~d fully perform, discharge, execute, effect, complete, comply with snd abide by each and every the stipulations, agreements, conditions and covenants in sa~d promisswy note and this mortgage set forlh. 9. That in the event the ownership of the mo?tgaged premises, or any part thereof, becomes vested in a person othe? than the MORTGAGOR, the MpRTGAGEE, its succeuors and assigns, may, withour notice to the MOR7GAOR, deal with such successor w successor in interest wi~h reference to this mo~tgage and the debt hereby secured in the same manner as with Mo~tgagor without in any way vitiating d dixharging the Morlgagors liability herr under a upon the debt hereby secured. No sale oi the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE oi its successors or assigns and no txtension of the time for the payment of the debt hereby secured giveo by the MORTGAGEE or its succeuors w auigns, shall operate ro releax, distharge, modify change w affect the origina{ liability of tF~e MORTGAGOR Fxrein; either i~ whole or in part. 10. It is specifically agreed tha~ time is of the esse~ce of this contract and that no waiver of any obligat~on herevnder or of the obligaYan st cured hereby ahall at any time tF~ereafter be held to be a waiver of the terms hereof or of the insfrument secured herby. 11_ In additio~ to the forego:ng ~noMhly paym~nts of princ'pal and interest required by the prom:ssory note secured hereby, morlgagor tovenants and agrees to pay to mortgagee x~ith each monrhty payr.ient an add~~ionat sum estimated by morigagee to be equat to 1% t2 of the annual cost of the fo~low- fng: ~ A-All reaE prope~ty laxes levied or assessed against the above described real estate. B-Premiums o~ fire and windstorm insurance as herein requ:red to be w~ried on the improveme~ts s~tuate on the above dexribed premises. C-Premiums on such mortgage guaranty insurar,ce as mo~tgagee shail frem t~me to time deem fit to carry on the ban secured here6y. Mortgagee sfiall from time to time notify mortgagor in writing of the amount dve and payable hereunder and such sum shall ihereupon be due and Fayable on the due date of ~he next monthty payment and each successive month thereafter ur.til mortgagee shatl notify mortgagor of a change in s~ch a~nount. Such s~ms shall be applied by mortgagee toward the payment of real prope?ty taxes, insurance prem;ums, and morigage guaranty insurarxe p!emiums. , • - IN WITNESS Y~HEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid_ ? SigrKd, Sealed and defivered in the presence of: ~ s~n. ~ _ - 9e • ' 9@t ~ S l~a~dult _ r5eaq r~aq i I STATE OF FLORIDA ~ • - _ i SS. ~ COUNTY Of - St. i.ucie ~ ; eefwe me personally appeared Ma1ZQ@ZV A. Kinqery, a einole ad~t ~ ~ ~ ~~~~~~~~~~~~r~~~~~+~~~~~~~~r~~s~r.:~~~~~~sssas+~~~~~~~~~C~11?~~ !C i:`R Y:2!! known 8~ ~C1WW/1 TO IM 10 ~7! ~ i the individual described in and wko executed the foregartg instrument, and acknoyvledged before me thaf StlBexecuted the same fw the purposes t E therein expressed. I~n~LM~~~~~~~~~~~•~• i ' ~v~~~lala~-~..-••--•---------------------•~._~_~~------•-------------ap~aupars,~tne~,n.,n~• ~ ' r~er~M~wMioK~w~t~lewr~sepe~aR~l+ps~~fwiw~w+~hii?wVw~i,~kwe~rk~l~l~sen~~b~Fw~w+erl~a?~Frs~~ew~lcr~wiiw~~iwswafr~ei~.~wd~~oh+w~• s ~ ~`~'r'~~~~~!~!1;.,R!f"tR~~w~paowaR~iwtr~rpiebew~ ~~iea~~frori~w*erswdle~wdr ~ ` ~~~l1~TNE55 my tyi'eSd,and offieial seal this n day of ~y A. D. 19 73 ~ . ~ ~ ~ f ; f~ ; Notart~ blic in and r the State of f{orida at Large ~ My Commiasion expires: C¢.~- ."'S o ~ q--I ~ ! ' ~ " ~ ~ ~ t `1t f(urn ~,~70: : • . a ~ ~ Fi t Fl~dEr vi~ s loan Associat~on ~ ~ ~ ; ~ ~ SEftFB.~: P~Eice. E t ' fort Pie~~,<florida . . ' '~..i.a.• n` i ~ , A ~ I • • . . ~ Flt,Ea AM~t R£C4AUED . ST. Wc~£ cav~TY Fu~. ; This Instrument Prepared By J. H. Roberts, Jr. RaCEF. :~~atRAS ; First Federal Savings & taan Association CIEFM t'~:;ut: CaUR7 ~ . of Fort Pierce~ Florida Ptr,r~nn •r~r;{tg~ s Checked By Niu 10 3 3? PM E 8ooK214 pA~E ~ 37 254160 ; y ~ ' i ~ ~ ' dz ~ r - ~ - ~°~~.-Yy . ~ - - - - - - ~~~`~_~,~x~ ~ ~ ~~~n=__ ~