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To platy and cominuously keep on tM buildingi now a htre~it~t si~uat~ on ~aid land +nd on all equipment and pawnaily covered by thit mort~ ~g~, with •II p~mivms thereon pa~d in full, fire insu~~nca in IF» usual ~u~dard policy fam, in s sum appoved by ths MORiGAGEE, and windsto~m inwranc~ t~ ~M uswl uand~rd policy fwm. in • ~um approved by tM MORTGAGEE, in wcA company w companies as th~ MORTGAGEE may dinctj u~d ~II tin ~nd w~arm inw~ano~ policiss o~ ~ny of iaid build~nyf, any intNe~l iMrein or pa?t tMr~of, in tM a~reyate zum afwesa~d o~ in u~ceu Iheraof, ih+ll c«,tain fM ~swl st~ndud ~~ya~e~ clavk a ivch odw. cl~us~ u~M Morrpagca may requ~r~, makinp ~h~ lou u~da ia~d poli~ ciss, each ai+d ~v~ryr, psyabt~ to said MORTGAGEE as iti iroerei~ may ~ppea~, ~nd each and ~very ~uch policy shall be prompNy a~s.pned and delivered +o •ny held by said MORTGAGEE as fu?~he~ security to said mwtgs9e debt, and, not leu than ten (10) dayi in sdvance of the expirat~a? of each pol~cy, to dr live~ to ssid MORTGAGEE a renewal thereof, to9ether with s receipt tor the premium of such ~anewalj and ther~ shall be no fire a windstorm insur~rue pla~~d pn sny of said buildi~gt, s~y interest therein or part thereof, unlest in the iorm ~nd with tM lou payable at aforesaid; and in the event any :um of mon~y bccomes payabte under iuch policy or polKies said MORTGAGEE shall hsve ~he op~~on 1o receive and apply the ssme on account oi the indebred- ~ess sacu~ed her~by or fo permit said MORTGAGORS to teceive and ute il p any part thereof for other puiposes, ~vithout Ihareb/ waiving o~ ~~~~pa~r- ir?g any eqvity, lien a right u~der or by virtus of this mostgage: +nd in 1he event said MORTGAGORS shall fw any reason fail to keep the s+id premises so intu~ed, w fai) fo deliver promptly sny of said policies of insurance to said MORTGAGEE, w fail promptly to pay futly any premium therefw w in a~y •especl fail to pe?fam. diuMrge, execute, effect, complete, comply with ~nd abide by this covanant, or ~ny part hereof, ssid MORTGAGEE may plsce and M pay fw auch insurante w ~ny pcn thareof without w~ivinp or ~ffetting ~~y option, lien, equity, w?ighl unda o~ by virtue of this Mortgage, and the full amovnt of each and every s~ch paymcnt sFwll be immedlatety due and payable +nd shall bear intcres~ from the date thereof umil paid at the ra~e of ~ nine pe? tentum pet annum and together with such intere:t shall be secured by 1M lien of this mat~sge. , 4. To permit, tommit or suffer no waste, impairment w deter'aration of said property o~ ~ny psrt thereof. 5. To pay all aod singular the costs, charges ~nd expenses, including s reasonable attwney's fee +~d costs of abstracts of t~tte, incurred o? pa~d at any time by said MORTGAGfE, bccause or in the event of the failure on the part of the iaid MORTGAGOR to duty, promptly snd fully per(wm, d~scharge, executs, effect, complete, comply with and ab:de by each and every the sti{tvlatiwu, sgrecments, conditions, and tovenants oi said promissory note and this mortgage any or eithe~, and ss~d costs, charges snd expenses, each and avery, shall be immeo~ately due and psyable; whether w not there be notice de msnd, attempt fo collect w suit pending; and tM full an?ovM of each and every such paymeM shall bea~ interest from the date thereot until paid at the rate of nine per centum pz? an~wm; and all said costs, charges and expenses inturred or paid, togetF?e~ with ~vch intereil, shall be setured by the lien of thit mort~~ye. 6. That (a) in the event of any breach of this Mortgsye w defauh on tM part of the MORTGAGOR, o? (b) in the event.any of ss~d sums of mor+ey herein refe~red to be not prompNy and tully paid within th~rty (30) dsys nex~ after the same :everally become due and payable, withoW demand w notice, or (c~ in the event exh and every the stipulations, sgreemants, conditions and coven~nts of sa~d promissory note and th~s mortgage any or eitFier are not ~uly, promptly and fully performed, diuharged, execvted, effected, completed, compl~ed with and abided by, tF?en in either w any auci~ event the said a¢ gregate sum mentaned in said prorniuory note-then remaining u~pa~d, with interest acuued, and all moi+eys setured hereby, shall betome due and pay- able forthwith, a thereaftr~, at the option of said MORTGAGEE, as fully and completely as if all of the sa~d sums of money were wiginally s~ipulated to be pa7d on s~ch day, aoything in said prom~uory note or i~ this Mortgage to the conuary notwithstanding; and the~eupon w thereafter at the option of said MORTGAGEE, without notice w demand, suit at law w in equity, therefwe w thereafter begun, may be proxc~ted as if all moneys secured hereby had matured prior to irs institurion. 7. That in the event that at the begin~ing of or at any time pending any suit upon this Mwtgage, w to fdeclose it, o? to reform it, w to enfwce payment of any claims he~eunder, said MORTGAGEE shall apply to the Court having jurisdKtion thereof iw the appointment of a Receiver, auch Court shall Fo~thwith ap*oint a recciver oi said matgaged property all and singular, i~clud~r.9 all and aingular the in~ome, profits, issues and revenues from whatever source derived, each and every of whKh, it being express~y unders~ood, is hereby mwtgaged u if spec:fically set fwth and described in the g~anting and habendwn clauses hereof, and such Receiver shall have all the oroad and effective funetioos and powen io anywiu er?trusted by a Court ro a Receiver, and such appointment shall be made by such Court as an admitted equity and a m+~ter of absolute right to said MORTGAGEE, ~nd without refere~ce to the adrquacy or inadequacy of the value of the propery mortgaged or to the sosvency w insolvenc~ of said MORTGAGOR a tht defendants, and that such rents, profin, incane, iuues and revenues shall be applied by such Receiver according to the lieri w equity of said MORTGAGEE and the practice o( such Court. - 8. To duly, promptly and fully perfwm, diuharge, execute, effect, mmplete, comply w~th and abide by each and every the stipulations, agreertxnts, conditions and covenams i~ said promiuory note and this mcrtgsge ut forth. 9. That in tAe eveM the ownership of the mortgaged premises, w any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its successors and assigns, rt?sy, without notite to the MORTGAOR, deal with such successor or successor in interest with referente to this mo~tgage and the debt hereby secured in the same manner as with Mortgagw without in any way vit~ating w d~xhargirg the Mortgagori liability herr under or upon the debt hereby secured_ No sale of tF~e premises hereby mortgaged and no fwbearance on the part of the MORTGAGEE w its successors or a:sig~s and no extension of the time fw the payment of the debt hereby secured give~ by the AhORTGAGEE or its successws or auigns, shatl operate ro rolease, diuharge, modify tha~ge a affect the uiginal Iiab~Gty of the N10RTGAGOR herein, either in whole w in psrt. 10. It is spec~fically agreed that time is of the essence of this contract and that ra wsiver of sny obligation hereunder or of the oblgation st cured hereby shall at any time thereaher be held to be a waiver of the terms hereof w of the instrument secured herby. ' 11. In addition to the forego:ng manthly payments of prin~ pal and interest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payrnent an addirional 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 Ihe above described real estate. B-Premiums on fire and windstorm insurance as herein req~~red to be carried on the improveme~ts situate on the above described p~emises. C-Premiums on such mortgage guaranty insurar~ce as mo~tgagee shall from t~me to time deem fit to carry on the ban setured hereby. ' Mo~igagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and FayaWe on the due date of the next .-wnthly payment and each successive month thereafter urtil mortgagee shall notify mortgagw of a change in such amount. Such svms sha~l be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, a~xl mortgage guaranty insurance ~ premiums. ~ IN WITNESS YJHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first afwesaid_ i ~ Signed,- ealed and delivered i~ the esence of: aq (Seaq Seaq (Seaq STATE OF FLORIDA ~ COUNTY OF St . Lucie ~ Before me personally appeared J~h2L M~ Andrews and June Andrews his wife, to me well known and known to me to be the individuals desvibed in and who executed the foregoing instrumenL and acknowledged before me that ttxy executed the same for the purposes therein ~x~.~xa. a,a une S. Andrews : wife of the ~~a John M. ndrews upon s separste snd private examination by me taken separate and apart from her said husband, sdcnowledged to and before me that she executed said iratr~ment freely and volun- ~arily and without any compulsion, constraint, apprehension.~y fear of w from Ixr said husband. WITNESS my hand and official seal thi: ~/~'k' day of a A. D• 19 73 ~ , : ~a~-G~1~ ~ Notary Public in and fo~~ihe S~a ot Florida at larfle My Commission expires: Return To: First Federal Savings 3 Loan Association ~OTARY PUBLIC. STATE ot FLORIDA at lAR6E Of Fort P~erce. COklA'.ISSION EKVIRES IAN. 7. 1977 Fort Peerce, Fbrida ,,,?ttded By MfCf1Ca11 BillkMS IIIqIf~flC~ CiO. ~ .•lli:it/!i(:/ .\1 \ ~ ~N,r/i/', This Instrument Prepared By Richard K. Kayes fllEd ~?10 FECORDEO iT. tUC1E ~OUMTY FLA. % First Federal Savings 8~ Loan Association ROC.R °~lTRAS ~ of Fort Pierce , Florida CIERK C'.~CUIT COURT - • ~T ~ - RFCn4±, ~«~c~f_p - r" - Checked By ; ~ ~ ~ ~ Miur {6 10 zs AN'73 -,';-4 ~ o R 47i ~.T~'~ . - 6ooK 214 oac~ . . ~ v..~,~~~~ ~~~.1 t ~ - - - - - ^:`',.i ~ ~ ~-~c~a'~~~i: ~s 5e. - ~"F~-yK.'~ vV•G-f~ ~ N 5"~'s X' :g "M"~~ ( - ~ti<~G'`ef u. Es~, xr~'_,'~~`"-.,.• `~.e ' _ ' 'z.~s."*~~.-.e~r~~ z,i'~''~^~i_~~*,-~a~: ' _ _ x _