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To pl~c~ u?d cominuou~ly keep on tM build~ngs now a?,.~e,f~K •~w.~• o„ ,a~d i•„d a~d .u ey~~~e~~ •~+d ~so~.~ty co~•red by ~h~• ~++onp. ap~, wi~h dl prtmivms thereon paid in (ull, (i~e insur~nt~ io t!» u~ual a~sndard policy fwm, in a sum approv~d dy IM MORTGAGEE, and wirxlstam inswanc~ In IM uswl ~+andard pol~cy fwm, in a ium approv~d by rh~ MORTGAGEE, i~ ~uch compa~y w companie~ ~s ~1w MORiGAGEE may dinctt +~d •II fk~ ~~d windslwm insur~np polici~r on ~ny ol ssid buildinps, ~ny let~r~~~ ther~in o? part 1Mreof, in tM ~~eyaf~ sum ~foresaid w tn ~xceis il~ereof, shall coro~in ~hs ufwl st~ndud mwrqaye~ clws~ w wch otiw~ ctaus~ ~s ~M Matq~~N may ~puin. maMinp tM loss under sa~d poli- ci„, e~ch ~nd e~ery, payabl~ ~o i~id MORTGAGEE aa iti inte~es~ may ~pp~a~, u+d each and ~vay tuch poiiq th~ll b~ promprly ats qned and delivered ~o ~ny Mld by iaid MORTGAGEf as further ~ecurity to sa;d mortpaps debt, ~nd, not les~ than ~sn (10) days in advance o1 tM ~xpi~~tion of each policy, to dr liwr to aid AtiORTGAGEE s re~ewal thereof, topethe~ wi~A a rec~ipt fw ~he pnmium of such renewal; and then ahall b~ no f'a~ w windstorm inwranc~ placsd on ~ny of sald buildinys. ~ny interett the?~~ w p~rt tMreoF, unleu in th~ form and with fh~ loss p~yabl~ as •for~wid: and i~ th~ ~vsM ~ny sum ; of mon~y beconws payabto undK such policy a policies uid MORTCsAGEE sfiall h~w tM option ro ~~ceive ~nd ~pply the s~m~ on ~ccount of the Indebted- ; tNb setur~d ha~eby o~ W petmit aaid MORTGAGORS to ~eteive ~nd us~ it w sny pa~t ~hareoi for othe~ purposei, w~thovt ih-reb~ walv~ng w~~.~pa~~• ~ inq any equ~ty, lien or right u?~der or by vi~tw of tFui morsyage; and in tM event sa~ MORTGAGORS shaU fo? ~ny reason fail to keep tF?e s~id premifes so insured, o? f~Il to delive~ promplly ~ny of said policies of iniursnc~ to said MORTGAGEE, w fail promptly to pay f~tly any premium therefw a in sny ~ respect fail b pe~twm, dis.harge, execute, effett, complete, comply wi~h and abide by lhis covenanb or ~ny part hereof, said MORTGAGEE m~y ptxe +nd ~ psY fo~ suth imurancs w sny part thereof without waiving a~ffettinp ~ny optiay 1'Kn. equiry. a righl under o~ by virtw of thif Mwtqspe, and tht fvtl amoum of each and ewry such paymem shall be immediately dw snd p~yable and sMll bear intaest from ths dat~ thereof vntil paid ~t ths raa of nins per tentum per annum and together with wch interett shall be secured by fhs lien of thls mort9age. 1. To pamit, commit w suffa no wa~te, impairment o? deterioration of said property or any paA thereof. 5. io pay all and singular the coat~, chuges ~nd expenus, includinp a ~easonable attorney i fee a~d cos~t of abitracts of title, inc~rred w paid at ~ any Yune by uid MORTGAGfE, because a in the event of the faiiure on the part of the said MORTGAGOR to dvly, p?omptly and fully perform, diuharge, I axecvte, effM, complete, tomply with arx! ab;ds by esch ~nd every the stipulations, agreements, co~ditions, ~nd covenann of said promiswry nole and thii moregsye a~y w ei~he?, and sa~d costs, ch~rges snd expenses, each and every, sMll bt immediatety dus and payable; whether or not the~e be ~otice ds mahd, atrompt ro collect or suit pend;ng; and the full amovnt of each ~nd every svth paymeM shall bear i~terest from the date thereof u~til p~id at Ihe ~ate of nine per centum per annum; and all said costs, charges and expe~ses incurred or paid, together with such interest, shall be secured by the lien ot 1hq mal9sg~• ; 6. iMt (a) i~ th~ svent of a~y b?euh ot this hlatgage or detault on the part of the MORTGAGOR, or (b) in the eveM aoy of ~acd sums of money herein ~eferred to be ~w1 prompNy and fully paid within thirry (30) days next after Ihe same severally betome due and pay~ble, without demand o~ notice. or in the evem each ~nd evcry the stipvlatiw~a, agrecments, conditions and wvenants of said promissory note and ih;s mortpsge ~ny w either are no1 ~uly, promptly and futly perfwmed, d~xharged, executed, effected, completed, compGed with ard abided Sy, then in eitha w sny such event the said ag ~ gregate wm rrKmioned in :aid promissory note then remaining unpaid, with interesl atuued, and all moneys setured her~by, shalt beco~ne due and pay- ~ abte fwthwith, w thereafter, at the option of said MORTGAGEE, ss fuNy and completely as if all of the uid sums of money were originalty ttipulafed to be paid on such day, a~ything in sa~d ptomissoty note w in this Mortgage to the contrary notwithstanding; and thereupon p thereaftet at the option of said MORTGAGEE, without notice a demand, suit at law w in equity, therefore w thereafter begun, may bs prosecuted as if aU moneys secured hereby had matured priot to its institwion, f 7. That in the event that at the beginning of o? at any time per?ding any suit upon this Mortgage, w to foreclose it, or to retorm it, or to enforp ~ payment of any claims he?eunder, said MORTGAGEE shall apply to the Cou~t having ju?isd~ction thereof for the appotn?ment ot a Receiver, such Couh shafl forthwirh appoint a receiver of said mortgaged propeny all and aingutar, includ~rg all and singular the intome, profits, iuues and revenues from whatevtr - ~urce derived, each and every of wh~ch, it be~ng expressty undentood, is hereby mortgaged as if speciiitalfy xt fath and desuibed in the 9ranting and hab~nd~m ctauses hereof, and such Receiver shaU have at! fhe broad and effeuive'func~~ons a~d powers in anywise entrusted by a Court to a Receiver, end such appointment ihall be made by such Cour~ as an admitted equity and a mattet of absolute rght to said MORTGAGEE, and without reference to the ' a ~a w i ua of the value of the ~t mort a ed or to the wtvenc or insolve ~ ~Q ~Y "+~V ~Y W~ Y g g y ~cy of said N10RTGAGOR p the deftnda~ts, a~ that tuch profits, incane, issues and revrnues shall be applied by such Receiver according to the lien w equity of said MORTGAGEE snd the practice of such i 8. To d~ly, promptly and fully perform, discharge, execute, effect, comptete, comply with and abide by each and erery the stipulations, egreements, # conditbra and covensms in said promissory note snd this mortgage set forth. _ 9. That in the event the ownership of the mortgaged premises, a any part lhereof, becomes rested in a perwn other than ihe MORTGAGOR, the ~ INORTGAGEE, its succeuors arx) auigns, may, without noiice to the MORTGAOR, deat with such wcc~uor w successor in interest with reference to this mwtgage and the deb! he~eby setured in the same manner as with Nbrtgagor withovt in any way vitiating p diuharging tF?e Mo~lgagori liability here- under or upon the debt, hereby secured. No wle oi the premises hereby mortgaged and no forbearante on the part of the MORTGAGEE or its succeuws or auigns and no extension of the time fa the payment oF the debt hereby secured given by the MQRTGAGEE or ih succeuors or auigns, shall operate to release, d~uharge, modify change or affect the original liat~i~~ty of ~he MORTGAGOR herein, either in whole w in part. 10. It is speufically agreed that time is of the esunce of this contrad and that no wsive? of any ob~igation hereunder or of the obligatan se- tvred hereby shsll at any time thereafter be heSd to be a waiver of ihe terms hereof or of the instrument secuied he+by. 11. In add~tion to the fwego:ng monthly paym~nts of p~inc'pal and inferest required by fhe promissory no~e secured hereby, mwfgagor covenants and agrees fo pay to mortgagee with each monthty payrnent an add~rional sum estima~ed by mortgagee to be equal fo 1/12 of the annual cost of the follow- i~g: . A-All real property taxes levied or assessed against the above described real estata , B-P~emioms on lire and windstorm insurar.ce as hereio requ~red to bc carried on the improveme:tts situate on the above described premises. C-Premiums on suth mwtgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the Ioan secured hereby. Mwtgsgee shall from tim~ to time notify mortgagor i~h writing of the 'amouM dw and payable hereu~der and such wm sha(1 thereupon be due and ~ payable on the due date of ~he next mortthly paymenl and each successive month thereafter ur '1 mortgagee shall ~otify mortgagw of a change in s~ch ; amou~t. Such sums shall be applied by mortgagee toward the payment of ?eal property taxes iniYrance prem:ums, and mortgage guaranty insura~ce ~ premiums. . - • ~ IN WITNESS WNEREOF, thc said RTGAGOR has herevnto xt his ha~d and seal the da and year first esaid. i led s 1' in t presence of: a i . ` ~ ? , $ 6 g ~ ~ ~c~~ltG , e ~ M~ MCA1 ~t! ~an ' a4 STATE OF~ j(g~tq~y ~ I COUNTY OF f F F~~,~ 0 J~ ~ Befwe me p enonall y a p p eared Svdnev B. MeAi pin ~ and ( S~atle ~1. MC/~g~J1 his wiie, to me well known and k~own to me to be j the individvals desuibed in and who executed the fwegoiny instrument, and ~c4now(edged befwe me that they executed the same fa the ptnposes rherein expressed. And the :aid- $~Ufl6 Ms MC~p~1 wife of the said _ S~Tl~}/ B. ~iP~ upon a sepuate and privsts examinatwn by me taken separate and span from her said husbsnd, acknowledged to end before me that she execvted said instrument f~eely ~nd vol~rr rarily and withouf any compulsion, constrsint, apprehension, or fear of ot from her ssid Iwsband. F ( WITNESS my hand and official seal t6is day of A. D. 19 73 . 2548'78 ' ~ ~ ~ ' ~ , Notary Public Fn ~nd. fo? ti~e Sfs ~ st larpe fIlEO AN~ pfCORDED a?y corr~n+~ss~on sx~~s: 4 %~.r..TY i~ , I Rero?n To: , . s•~ •r<Cr?• ~ First Federsl Savings a loan Association s~• ROGf ;,G4~ ~RAS~A• ~ Of Fo~t P~erce. CIERK C.':U~' CCORT =~ti~.~ ' ' ' ~ ~ Fo.t Pierce, florida ~,~r~P i y[~ri~ 1=~ . • ~o=,~f ~ ~ ~ ~ Z~ 9 21 ~ - , , u= r : .13 - : F. . This Instrument Prepared By J. H. Roberta, J!. ~ •'t~~~ ~ First Federal Savings 8~ Loan Association ; . of Fort Pierce~ Flo=ide? • r..~~~~1 ~ '•~t~.~~?n~,•,,.. ~ ' • ~ Checked By ~ BOOK PACE c7t7t~ E ~ - N ~ , f _ , _ _ , ~ ~ - - - - - - ~=~~~~.x